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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) March 26, 1998
SUPERIOR BANK FSB (as depositor under the Pooling and Servicing Agreement, dated
as of March 1, 1998, providing for the issuance of AFC Mortgage Loan Asset
Backed Certificates, Series 1998-1)
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 March 26, 1998 a single series of certificates, entitled AFC Mortgage
Loan Asset Backed Certificates, Series 1998-1 (the "Certificates") were issued
pursuant to a pooling and servicing agreement (the "Agreement") attached hereto
as Exhibit 4.1, dated as of March 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 five classes identified as
Class 1A-1, Class 1A-2 (collectively, the "Class 1A Certificates"), Class 2A-1,
Class 2A-2 (collectively, the "Class 2A Certificates", together with the Class
1A Certificates, 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 $180,932,515.76 as of December 1, 1997 (the "Cut-off Date") and an
aggregate amount of $31,112,036.36 deposited on the Closing Date in the Sub-Pool
I Pre-Funding Account, an aggregate amount of $40,736,034.30 deposited on the
Closing Date in the Sub-Pool II Pre-Funding Account, an aggregate amount of
$6,008,198.14 deposited on the Closing Date in the Sub-Pool III Pre-Funding
Account and an aggregate amount of $55,046,803.34 deposited on the Closing Date
in the Sub-Pool IV 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 March 19, 1998 among the Depositor, Merrill and J.P. Morgan.
The Class A Certificates evidence, in the aggregate, $450,000,000 principal
amount as of the Cut-off Date. The Class 1A-1 Certificates will be entitled to
payments of interest accrued on the outstanding Class 1A-1 Principal Balance at
a variable pass-through rate. The Class 1A-2 Certificates will be entitled to
payments of interest accrued on the outstanding Class 1A-2 Principal Balance at
a variable pass-through rate. The Class 2A-1 Certificates will be entitled to
payments of interest accrued on the outstanding Class 2A-1 Principal Balance at
a variable pass-through rate. The Class 2A-2 Certificates will be entitled to
payments of interest accrued on the outstanding Class 2A-2 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
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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 to cover any Available
Funds Shortfall with respect to the other Group. Capitalized terms used in the
second paragraph hereof and not otherwise defined shall have the meanings
assigned to them in the Agreement.
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 March 1, 1998, by and
among Superior Bank FSB, as Depositor and Servicer 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: March 26, 1998
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EXHIBITS TABLE
4.1 Pooling and Servicing Agreement, dated as of March 1, 1998, by and
among Superior Bank FSB, as Depositor and Servicer and LaSalle National Bank, as
Trustee.
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POOLING AND SERVICING AGREEMENT
Dated as of March 1, 1998
LASALLE NATIONAL BANK
(Trustee)
and
SUPERIOR BANK FSB
(Depositor and Servicer)
AFC Mortgage Loan Asset Backed
Certificates, Series 1998-1
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TABLE OF CONTENTS
ARTICLE I
DEFINITIONS ............................................................... 2
ARTICLE II
SALE AND CONVEYANCE OF THE TRUST FUND ..................................... 43
Section 2.01 Sale and Conveyance of Trust Fund; Priority and
Subordination of Ownership Interests .................. 43
Section 2.02 Possession of Mortgage Files .......................... 43
Section 2.03 Books and Records ..................................... 43
Section 2.04 Delivery of Mortgage Loan Documents ................... 44
Section 2.05 Acceptance by Trustee of the Trust Fund;
Certain Substitutions; Certification by Trustee ....... 47
Section 2.06 [Reserved] ............................................ 50
Section 2.07 Execution of Certificates ............................. 50
Section 2.08 Fees and Expenses of the Trustee ...................... 50
Section 2.09 Application of Principal and Interest ................. 50
Section 2.10 Conveyance of the Subsequent Mortgage Loans ........... 50
ARTICLE III
REPRESENTATIONS AND WARRANTIES ............................................ 55
Section 3.01 Representations of the Depositor ...................... 55
Section 3.02 Individual Mortgage Loans ............................. 57
Section 3.03 Purchase and Substitution ............................. 67
ARTICLE IV
THE CERTIFICATES .......................................................... 70
Section 4.01 The Certificates ...................................... 70
Section 4.02 Registration of Transfer and Exchange of Certificates . 70
Section 4.03 Mutilated, Destroyed, Lost or Stolen
Certificates .......................................... 75
Section 4.04 Persons Deemed Owners ................................. 75
Section 4.05 Information Reports to be Filed by the Servicer ....... 75
ARTICLE V
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS ........................ 77
Section 5.01 Duties of the Servicer ................................ 77
Section 5.02 Liquidation of Mortgage Loans ......................... 79
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Section 5.03 Establishment of Principal and Interest
Accounts; Deposits in Principal and Interest
Accounts ............................................. 80
Section 5.04 Permitted Withdrawals From the Principal and
Interest Account ..................................... 81
Section 5.05 Payment of Property Taxes, Insurance and Other
Charges .............................................. 83
Section 5.06 Transfer of Accounts; Monthly Statements ............. 83
Section 5.07 Maintenance of Hazard Insurance ...................... 84
Section 5.08 Maintenance of Mortgage Impairment Insurance Policy .. 85
Section 5.09 Fidelity Bond ........................................ 85
Section 5.10 Title, Management and Disposition of REO Property .... 85
Section 5.11 Right to Repurchase Defaulted Mortgage Loans ......... 88
Section 5.12 Collection of Certain Mortgage Loan Payments ......... 88
Section 5.13 Access to Certain Documentation and Information
Regarding the Mortgage Loans ......................... 89
Section 5.14 Superior Liens ....................................... 89
Section 5.15 Environmental Matters ................................ 90
Section 5.16 Acknowledgment of Duties and Obligations ............. 90
ARTICLE VI
PAYMENTS TO THE CERTIFICATEHOLDERS ....................................... 91
Section 6.01 Establishment of Certificate Account; Deposits
in Certificate Account ............................... 91
Section 6.02 Permitted Withdrawals from Certificate Account ....... 91
Section 6.03 Establishment of Trustee Expense Account; Deposits
in Trustee Expense Account; Permitted Withdrawals
from Trustee Expense Account ......................... 92
Section 6.04 Payment of Monthly Premium to Certificate Insurer .... 94
Section 6.05 Investment of Accounts ............................... 94
Section 6.06 Priority and Subordination of Distributions .......... 95
Section 6.07 Insufficiency of Amount Available or Net Excess
Amount Available ..................................... 104
Section 6.08 Statements ........................................... 104
Section 6.09 Advances by the Servicer ............................. 109
Section 6.10 Compensating Interest ................................ 110
Section 6.11 [Reserved] ........................................... 110
Section 6.12 Pre-Funding Account .................................. 110
Section 6.13 Interest Coverage Account ............................ 111
Section 6.14 Reserve Account ...................................... 113
Section 6.15 [Reserved] ........................................... 114
Section 6.16 Compliance with Withholding Requirements ............. 114
ARTICLE VII
GENERAL SERVICING PROCEDURE .............................................. 115
Section 7.01 Assumption Agreements ................................ 115
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Section 7.02 Satisfaction of Mortgages and Release of
Mortgage Files ....................................... 115
Section 7.03 Servicing Compensation ............................... 117
Section 7.04 Annual Statement as to Compliance .................... 117
Section 7.05 Annual Independent Public Accountants'
Servicing Report and Comfort Letter .................. 118
Section 7.06 Certificateholder's, Trustee's and Certificate
Insurer's Right to Examine Servicer Records .......... 118
Section 7.07 Reports to the Trustee; Principal and Interest
Account Statements ................................... 119
ARTICLE VIII
REPORTS TO BE PROVIDED BY SERVICER ....................................... 120
Section 8.01 Financial Statements ................................. 120
ARTICLE IX
THE SERVICER ............................................................. 121
Section 9.01 Indemnification; Third Party Claims .................. 121
Section 9.02 Merger or Consolidation of the Depositor and
the Servicer ......................................... 122
Section 9.03 Limitation on Liability of the Servicer and Others ... 122
Section 9.04 Servicer Not to Resign ............................... 122
Section 9.05 Representations of the Servicer ...................... 123
Section 9.06 Accounting Upon Resignation or Termination of
Servicer ............................................. 124
ARTICLE X
DEFAULT .................................................................. 126
Section 10.01 Events of Default ................................... 126
Section 10.02 Trustee to Act; Appointment of Successor ............ 129
Section 10.03 Waiver of Defaults .................................. 131
ARTICLE XI
TERMINATION .............................................................. 132
Section 11.01 Termination ......................................... 132
Section 11.02 Additional Termination Requirements ................. 134
Section 11.03 Depositor's Right to Depositor's Yield Absolute ..... 134
ARTICLE XII
THE TRUSTEE .............................................................. 136
Section 12.01 Duties of Trustee ................................... 136
Section 12.02 Certain Matters Affecting the Trustee ............... 138
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Section 12.03 Trustee Not Liable for Certificates or
Mortgage Loans ...................................... 139
Section 12.04 Trustee May Own Certificates ........................ 140
Section 12.05 Servicer to Pay Trustee's Fees and Expenses ......... 140
Section 12.06 Eligibility Requirements for Trustee ................ 140
Section 12.07 Resignation and Removal of the Trustee .............. 141
Section 12.08 Successor Trustee ................................... 142
Section 12.09 Merger or Consolidation of Trustee .................. 142
Section 12.10 Appointment of Co-Trustee or Separate Trustee ....... 143
Section 12.11 Tax Returns ......................................... 144
Section 12.12 Appointment of Custodians ........................... 144
Section 12.13 Trustee May Enforce Claims Without Possession
of Certificates ..................................... 144
Section 12.14 Suits for Enforcement ............................... 144
Section 12.15 Control of Remedies by Certificate Insurer and
Certificateholders .................................. 145
ARTICLE XIII
REMIC PROVISIONS ......................................................... 146
Section 13.01 REMIC Administration ................................ 146
Section 13.02 Prohibited Transactions and Activities .............. 149
Section 13.03 Servicer and Trustee Indemnification ................ 149
ARTICLE XIV
MISCELLANEOUS PROVISIONS ................................................. 150
Section 14.01 Acts of Certificateholders .......................... 150
Section 14.02 Amendment ........................................... 150
Section 14.03 Recordation of Agreement ............................ 151
Section 14.04 Duration of Agreement ............................... 151
Section 14.05 Governing Law ....................................... 151
Section 14.06 Notices ............................................. 151
Section 14.07 Severability of Provisions .......................... 152
Section 14.08 No Partnership ...................................... 153
Section 14.09 Counterparts ........................................ 153
Section 14.10 Successors and Assigns .............................. 153
Section 14.11 Headings ............................................ 153
Section 14.12 The Certificate Insurer ............................. 153
Section 14.13 Paying Agent ........................................ 153
Section 14.14 Actions of Certificateholders ....................... 154
Section 14.15 Grant of Security Interest .......................... 155
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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 SUB-POOL I
EXHIBIT H-2 MORTGAGE LOAN SCHEDULE FOR SUB-POOL II
EXHIBIT H-3 MORTGAGE LOAN SCHEDULE FOR SUB-POOL III
EXHIBIT H-4 MORTGAGE LOAN SCHEDULE FOR SUB-POOL IV
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 March 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 five classes of Certificates are being issued
on the Closing Date, denominated on the face thereof as AFC Mortgage Loan Asset
Backed Certificates, Series 1998-1, Class 1A-1, Class 1A-2, Class 2A-1, Class
2A-2 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 $180,932,515.76 as of
the Cut-off Date, and the Group 2 Initial Mortgage Loans have an aggregate
outstanding principal balance of $142,610,986.32 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 $323,543,502.08 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-1, Class
1A-2, Class 2A-1 and Class 2A-2 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 1998-1, Class 1A-1, Class 1A-2, Class 2A-1, Class 2A-2 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 April 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 April
1998 Remittance Date, the period commencing on the Closing Date and ending on
the day immediately preceding the April, 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 related Class 1A or Class 2A Principal Balance so that
the Overcollateralization Amount for the related Sub-Pool equals the related
Required Overcollateralization Amount for such Sub-Pool and (ii) the sum of (1)
the product of the related Class Percentage and 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 and (2) the amount, if any, that
is not required to be included in the Additional Principal for the Class of
Class A Certificates related to the other Sub-Pool in the related Group for such
Remittance Date as a result of the application of clause (i) of this definition
of Additional Principal to such other Sub-Pool.
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.
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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, 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, (b) second, the Excess Principal from the other
Group, to the extent of any remaining Available Funds Shortfall and (c) third,
any amounts in respect of any remaining Available Funds Shortfall withdrawn from
the related Reserve Account and deposited in the related Certificate Account,
(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 0.03%
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
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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.
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-1, Class 1A-2, Class
2A-1, and Class 2A-2 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-1 Pass-Through Rate and clause (i) of the definition of
Class 2A-2 Pass Through Rate, as applicable, 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-1 Pass-Through Rate and clause (ii) of the definition of
Class 2A-2 Pass-Through Rate, as applied (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-1 Pass-Through Rate and Class 2A-2 Pass-Through Rate, as applicable, 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 Sub-Pool 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 related 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
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to be deposited in the related Principal and Interest Accounts 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 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 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-1 Certificate, Class 1A-2 Certificate, Class 2A-1
Certificate, Class 2A-2 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.
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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 Non-United 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 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 98010289, 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, 1A-1, 1A-2, 2A, 2A-1, 2A-2 or R).
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CLASS PERCENTAGE: With respect to any Class 1A or Class 2A Certificate and
any Remittance Date, the percentage obtained by dividing (i) the amount
determined pursuant to clause (c) of the definition of Class A Principal
Remittance Amount for such Class 1A or Class 2A Certificate on such Remittance
Date, by (ii) the sum of the amounts determined pursuant to clause (c) of the
definition of Class A Principal Remittance Amounts for all Class 1A or 2A
Certificates, as the case may be, on such Remittance Date.
CLASS 1A CERTIFICATE: Either a Class 1A-1 or Class 1A-2 Certificate.
CLASS 1A CERTIFICATEHOLDER: A Holder of a Class 1A-1 or Class 1A-2
Certificate.
CLASS 1A INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the sum of
the Class 1A-1 Interest Remittance Amount and the Class 1A-2 Interest Remittance
Amount.
CLASS 1A-1 CERTIFICATE: A Certificate denominated as a Class 1A-1
Certificate.
CLASS 1A-2 CERTIFICATE: A Certificate denominated as a Class 1A-2
Certificate.
CLASS 1A-1 CERTIFICATEHOLDER: A Holder of a Class 1A-1 Certificate.
CLASS 1A-2 CERTIFICATEHOLDER: A Holder of a Class 1A-2 Certificate.
CLASS 1A-1 INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the
interest accrued at the Class 1A-1 Pass-Through Rate for the related Accrual
Period on the Class 1A-1 Principal Balance immediately prior to such Remittance
Date.
CLASS 1A-2 INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the
interest accrued at the Class 1A-2 Pass-Through Rate for the related Accrual
Period on the Class 1A-2 Principal Balance immediately prior to such Remittance
Date.
CLASS 1A MAJORITY CERTIFICATEHOLDERS: The Holder or Holders of Class 1A-1
and Class 1A-2 Certificates possessing Voting Rights in excess of 50% in the
aggregate.
CLASS 1A-1 PASS-THROUGH RATE: As to any Remittance Date, the lesser of (i)
One-Month LIBOR plus 0.26% 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 0.66% per annum.
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CLASS 1A-2 PASS-THROUGH RATE: As to any Remittance Date, the lesser of (i)
One-Month LIBOR plus 0.27% 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 0.67% 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-1 PRINCIPAL BALANCE: With respect to the Class 1A-1 Certificates
and as of any date of determination, the Original Class 1A-1 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-1 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-1 Certificateholders in respect of principal
pursuant to Section 6.06(c)(A)(X)(iv) and (C) all amounts previously distributed
to the Class 1A-1 Certificateholders pursuant to the last paragraph of Section
6.06(c).
CLASS 1A-2 PRINCIPAL BALANCE: With respect to the Class 1A-2 Certificates
and as of any date of determination, the Original Class 1A-2 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-2 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-2 Certificateholders in respect of principal
pursuant to Section
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6.06(c)(A)(X)(iv) and (C) all amounts previously distributed to the Class 1A-2
Certificateholders pursuant to the last paragraph of Section 6.06(c).
CLASS 1A REMITTANCE AMOUNT: As of any Remittance Date, the sum of the Class
A Remittance Amount with respect to the Class 1A-1 Certificates and the Class
1A-2 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, (c) the Premium Percentage and (d) 0.50%
per annum.
CLASS 2A CERTIFICATE: Either a Class 2A-1 or Class 2A-2 Certificate.
CLASS 2A CERTIFICATEHOLDER: A Holder of a Class 2A-1 or Class 2A-2
Certificate.
CLASS 2A INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the sum of
the Class 2A-1 Interest Remittance Amount and Class 2A-2 Interest Remittance
Amount
CLASS 2A-1 CERTIFICATE: A Certificate denominated as a Class 2A-1
Certificate.
CLASS 2A-2 CERTIFICATE: A Certificate denominated as a Class 2A-2
Certificate.
CLASS 2A-1 INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the
interest accrued at the Class 2A-1 Pass-Through Rate for the related Accrual
Period on the Class 2A-1 Principal Balance immediately prior to such Remittance
Date.
CLASS 2A-2 INTEREST REMITTANCE AMOUNT: As to any Remittance Date, the
interest accrued at the Class 2A-2 Pass-Through Rate for the related Accrual
Period on the Class 2A-2 Principal Balance immediately prior to such Remittance
Date.
CLASS 2A MAJORITY CERTIFICATEHOLDERS: The Holder or Holders of Class 2A-1
Certificates and Class 2A-2 Certificates possessing Voting Rights in excess of
50% in the aggregate.
CLASS 2A-1 PASS-THROUGH RATE: As to any Remittance Date, the least of (i)
One-Month LIBOR plus 0.19% 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 0.59%.
CLASS 2A-2 PASS-THROUGH RATE: As to any Remittance Date, the least of (i)
one Month LIBOR plus 0.20% per annum, (ii) the weighted average of the Mortgage
Rates of the Group 2 Mortgage Loans minus, with respect to Group 2, the sum of
(a) the Servicing 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 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
0.60%.
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-1 PRINCIPAL BALANCE: With respect to the Class 2A-1 Certificates
and as of any date of determination, the Original Class 2A-1 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-1 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-1 Certificateholders in respect of principal
pursuant to Section 6.06(c)(B)(X)(iv) and (C) all amounts previously distributed
to the Class 2A-1 Certificateholders pursuant to the last paragraph of Section
6.06(c).
CLASS 2A-2 PRINCIPAL BALANCE: With respect to the Class 2A-2 Certificates
and as of any date of determination, the Original Class 2A-2 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-2 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
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sentence of the definition of Class A Principal Remittance Amount, (B) all
amounts previously distributed to the Class 2A-2 Certificateholders in respect
of principal pursuant to Section 6.06(c)(B)(X)(iv) and (C) all amounts
previously distributed to the Class 2A-2 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 related 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-1 Pass-Through Rate, and the Class 1A-2 Pass-Through Rate, with respect to
Group 1, and the weighted average of the Class 2A-1 Pass-Through Rate and the
Class 2A-2 Pass-Through Rate with respect to Group 2 from such immediately
preceding Remittance Date.
CLASS A CERTIFICATE: A certificate denominated as a Class 1A-1, Class 1A-
2, Class 2A-1, or Class 2A-2 Certificate.
CLASS A CERTIFICATEHOLDER: A Holder of a Class 1A Certificate or a Class 2A
Certificate.
CLASS A INTEREST REMITTANCE AMOUNT: Any of the Class 1A-1 Interest
Remittance Amount, the Class 1A-2 Interest Remittance Amount, the Class 2A-1
Interest Remittance Amount or the Class 2A-2 Interest Remittance Amount.
CLASS A PASS-THROUGH RATE: As to any Remittance Date, any of the Class 1A-1
Pass-Through Rate, the Class 1A-2 Pass-Through Rate, the Class 2A-1 Pass-Through
Rate or the Class 2A-2 Pass-Through Rate.
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 Sub-Pool 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 to reach the
Required Overcollateralization Amount with respect to such related
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Sub-Pool, or thereafter, to maintain such Required Overcollateralization Amount
on such Remittance Date, (b) the sum of (i) the related 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 Sub-Pool 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 Sub-Pool (i) each payment of principal
received by the Servicer or any Sub-Servicer (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 Sub-Pool; (v) the Class
A Carry-Forward Amount with respect to the related Sub-Pool; (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 Sub-Pool which represents principal and (b) the principal portion of any
Substitution Adjustments deposited in the Principal and Interest Account with
respect to the related Sub-Pool as of the related Determination Date; (vii) any
amounts recovered from the related 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 Sub-Pool 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 related 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 related 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.
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: March 26, 1997.
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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: With respect to the Initial Mortgage Loans, the later of
March 1, 1998 or the date of origination.
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.
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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;
(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
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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 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.
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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 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).
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
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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 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 May 26,
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 each related Sub-Pool that is not required to be included in the related
Class A Principal Remittance Amount for such Sub-Pool for such Remittance Date
as a result of the application of clause (a) of the definition of the related
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
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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 related Class 1A Interest Remittance Amount for such Remittance Date
with respect to the Class 1A-1 and Class 1A-2 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 April 27, 1998, May 26, 1998 and
June 25, 1998 Remittance Dates only, Excess Spread shall also include an amount
with respect to the related Pre-Funded Amounts 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-1 and Class 2A-2 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 April 27, 1998, May 26, 1998 and June 25, 1998 Remittance Dates
only, Excess Spread shall also include an amount with respect to the related
Pre-Funded Amounts 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.
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.
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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 June 24, 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 1: Collectively, Sub-Pool I and Sub-Pool II.
GROUP 2: Collectively, Sub-Pool III and Sub-Pool IV.
GROUP 1 CERTIFICATE ACCOUNT: The Certificate Account with respect to
Sub-Pool I and Sub-Pool II.
GROUP 2 CERTIFICATE ACCOUNT: The Certificate Account with respect to
Sub-Pool III and Sub-Pool IV.
GROUP 1 FUNDING PERIOD: The Funding Period with respect to Sub-Pool I and
Sub-Pool II.
GROUP 2 FUNDING PERIOD: The Funding Period with respect to Sub-Pool III and
Sub-Pool IV.
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 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: Either a Sub-Pool I Subsequent Mortgage
Loan or a Sub-Pool II Subsequent Mortgage Loan.
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GROUP 2 SUBSEQUENT MORTGAGE LOAN: Either a Sub-Pool III Subsequent Mortgage
Loan or a Sub-Pool IV Subsequent Mortgage Loan.
GROUP 1 TRUSTEE EXPENSE ACCOUNT: The Trustee Expense Account with respect
to Group 1.
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.
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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 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 each of the related definitions
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
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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).
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
$2,715,717.41 for Group 1 and $2,046,902.51 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.
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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.
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 related 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, H-2, H-3 and H-4. As applicable, Mortgage Loan shall be deemed
to refer to the related REO Property.
MORTGAGE LOAN SCHEDULE: With respect to each Sub-Pool, the schedule of
Mortgage Loans attached hereto as Exhibit H-1, H-2, H-3 or H-4, 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
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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.
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 such Group remaining after the
application thereof to cover an Available Funds Shortfall with respect to the
other 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.
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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.
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)
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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: $250,000,000.
ORIGINAL CLASS 1A-1 PRINCIPAL BALANCE: $100,000,000.
ORIGINAL CLASS 1A-2 PRINCIPAL BALANCE: $150,000,000.
ORIGINAL CLASS 2A PRINCIPAL BALANCE: $200,000,000.
ORIGINAL CLASS 2A-1 PRINCIPAL BALANCE: $55,000,000.
ORIGINAL CLASS 2A-2 PRINCIPAL BALANCE: $145,000,000.
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
$180,932,515.76.
ORIGINAL GROUP 2 PRINCIPAL BALANCE: The aggregate Cut-off Date Principal
Balances of the Group 2 Initial Mortgage Loans, which amount is equal to
$142,610,986.32.
ORIGINAL POOL PRINCIPAL BALANCE: $323,543,502.08, 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 Sub-Pool, the amount
deposited by the Depositor in the related Pre-Funding Account on the Closing
Date, which amount is $31,112,036.36 for Sub-Pool I, $40,736,034.30 for Sub-Pool
II, $6,008,198.14 for Sub-Pool III and $55,046,803.34 for Sub-Pool IV.
ORIGINAL SUB-POOL I PRINCIPAL BALANCE: The aggregate Cut-off Date Principal
Balances of the Sub-Pool I Initial Mortgage Loans, which amount is equal to
$70,000,198.22.
ORIGINAL SUB-POOL II PRINCIPAL BALANCE: The aggregate Cut-off Date
Principal Balances of the Sub-Pool II Initial Mortgage Loans, which amount is
equal to $110,932,317.54.
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ORIGINAL SUB-POOL III PRINCIPAL BALANCE: The aggregate Cut-off Date
Principal Balances of the Sub-Pool III Initial Mortgage Loans, which amount is
equal to $49,999,948.51.
ORIGINAL SUB-POOL IV PRINCIPAL BALANCE: The aggregate Cut-off Date
Principal Balances of the Sub-Pool IV Initial Mortgage Loans, which amount is
equal to $92,611,037.81.
OVERCOLLATERALIZATION AMOUNT: With respect to any Sub-Pool and for a
particular Remittance Date, the excess, if any, of (i) the sum of (a) the
related Sub-Pool Principal Balance, (b) the related Pre-Funded Amount and (c)
the amount, if any, on deposit in the related Reserve Account allocated to such
Sub-Pool 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
Sub-Pool 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-1, Class 1A-2, Class 2A- 1,
or Class 2A-2 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-1,
Class 1A-2, Class 2A-1, or Class 2A-2 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 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.
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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;
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 or Non-United States Person.
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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.
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 Sub-Pool and with respect to any
Determination Date, the amount on deposit in the related Pre-Funding Account.
PRE-FUNDING ACCOUNT: With respect to each Sub-Pool, the account established
and maintained pursuant to Section 6.12. With respect to Sub-Pool I, the
Pre-Funding Account shall be known as the Sub-Pool I Pre-Funding Account, with
respect to Sub-Pool II, the Pre-Funding Account shall be known as the Sub-Pool
II Pre-Funding Account, with respect to Sub-Pool III, the Pre-Funding Account
shall be known as the Sub-Pool III Pre-Funding Account and, with respect to
Sub-Pool IV, the Pre-Funding Account shall be known as the Sub-Pool IV
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 Sub-Pool, the
principal and interest account established by the Servicer pursuant to Section
5.03. With respect to Sub-Pool I, the Principal and Interest Account shall be
known as the Sub-Pool I Principal and Interest Account and with respect to
Sub-Pool II, the Principal and Interest Account shall be known as the Sub-Pool
II Principal and Interest Account with respect to Sub-Pool III, the Principal
and Interest Account shall be known as the Sub-Pool III Principal and Interest
Account and with respect to Sub-Pool IV, the Principal and Interest Account
shall be known as the Sub-Pool IV 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 Cut-off Date (or on
or before such Subsequent Cut-off Date or substitution date), minus (without
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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 Sub-Pool 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 Sub-Pool,
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 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
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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.
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).
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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 April
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 Sub-Pool 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 Sub-Pool.
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.
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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, if any,
deposited by the Trustee in the related Reserve Account pursuant to Section
6.14.
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.
SERIES: 1998-1.
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.
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
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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.
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.
SUB-POOL: Either Sub-Pool I, Sub-Pool II, Sub-Pool III or Sub-Pool IV.
SUB-POOL FACTOR: With respect to each Sub-Pool and as of any date of
calculation, the related Sub-Pool 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 Sub-Pool
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Principal Balance with respect to such Sub-Pool and the Principal Balances of
all Subsequent Mortgage Loans with respect to such Sub-Pool as of the Subsequent
Cut-off Date.
SUB-POOL PRINCIPAL BALANCE: Either the Sub-Pool I Principal Balance, the
Sub-Pool II Principal Balance, the Sub-Pool III Principal Balance or the
Sub-Pool IV Principal Balance.
SUB-POOL I: (i) the Sub-Pool I 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 Sub-Pool I or are deposited, with respect to
Sub-Pool I in the Group 1 Certificate Account, Group 1 Trustee Expense Account,
Group 1 Reserve Account, Group 1 Interest Coverage Account, the Sub-Pool I
Pre-Funding Account or the Sub-Pool I 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 Sub-Pool I 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 Sub-Pool
I Mortgage Loans and (vi) Released Mortgaged Property Proceeds with respect to
Sub-Pool I Mortgage Loans. The Depositor's Yield and amounts received after the
Cut-off Date in the case of Sub-Pool I Initial Mortgage Loans, or after a
Subsequent Cut-off Date in the case of Sub-Pool I Subsequent Mortgage Loans, in
respect of interest accrued on the Sub-Pool I 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 Sub-Pool I.
SUB-POOL I INITIAL MORTGAGE LOANS: The Initial Mortgage Loans with respect
to Sub-Pool I.
SUB-POOL I MORTGAGE LOANS: The Mortgage Loans subject to this Agreement
included in Sub-Pool I.
SUB-POOL I PRE-FUNDING ACCOUNT: The Pre-Funding Account with respect to
Sub-Pool I.
SUB-POOL I PRINCIPAL AND INTEREST ACCOUNT: The Principal and Interest
Account with respect to Sub-Pool I.
SUB-POOL I PRINCIPAL BALANCE: As of any date of determination, the
aggregate Principal Balances of the Sub-Pool I Mortgage Loans.
SUB-POOL I SUBSEQUENT MORTGAGE LOAN: A Sub-Pool I Mortgage Loan assigned
and transferred by the Depositor to the Trustee pursuant to Section 2.10, such
Sub-Pool I Mortgage Loan being identified on the related Mortgage Loan Schedule
attached to a Sub-Pool I Subsequent Transfer Instrument.
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SUB-POOL I 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 Sub-Pool I
Subsequent Mortgage Loans are transferred and assigned to the Trustee.
SUB-POOL II: (i) the Sub-Pool II 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 Sub-Pool II or are deposited, with respect to
Sub-Pool II, in the Group 1 Certificate Account, Group 1 Trustee Expense
Account, Group 1 Reserve Account, Group 1 Interest Coverage Account, the
Sub-Pool II Pre-Funding Account and the Sub-Pool II 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 Sub-Pool II 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 Sub-Pool II Mortgage Loans and (vi) Released Mortgaged Property
Proceeds with respect to Sub-Pool II Mortgage Loans. The Depositor's Yield and
amounts received after the Cut-off Date in the case of the Sub-Pool II Initial
Mortgage Loans, or after a Subsequent Cut-off Date in the case of the Sub-Pool
II Subsequent Mortgage Loans, in respect of interest accrued on the Sub-Pool II
Mortgage Loans on or prior to the Cut-off Date, or a Subsequent Cut-off Date, as
the case may be, do not constitute part of Sub-Pool II.
SUB-POOL II INITIAL MORTGAGE LOANS: The Initial Mortgage Loans with respect
to Sub-Pool II.
SUB-POOL II MORTGAGE LOANS. The Mortgage Loans subject to this Agreement
included in Sub-Pool II.
SUB-POOL II PRE-FUNDING ACCOUNT: The Pre-Funding Account with respect to
Sub-Pool II.
SUB-POOL II PRINCIPAL AND INTEREST ACCOUNT: The Principal and Interest
Account with respect to Sub-Pool II.
SUB-POOL II PRINCIPAL BALANCE: As of any date of determination, the
aggregate Principal Balances of the Sub-Pool II Mortgage Loans.
SUB-POOL II SUBSEQUENT MORTGAGE LOAN: A Sub-Pool II Mortgage Loan assigned
and transferred by the Depositor to the Trustee pursuant to Section 2.10, such
Sub-Pool II Mortgage Loan being identified on the related Mortgage Loan Schedule
attached to a Sub-Pool II Subsequent Transfer Instrument.
SUB-POOL II SUBSEQUENT TRANSFER INSTRUMENT: Each Subsequent Transfer
Instrument dated as of a Subsequent Transfer Date executed by the Trustee and
the
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Depositor substantially in the form of Exhibit T, by which Sub-Pool II
Subsequent Mortgage Loans are transferred and assigned to the Trustee.
SUB-POOL III: (i) the Sub-Pool III 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 Sub-Pool III or are deposited, with respect to
Sub-Pool III, in the Group 2 Certificate Account, Group 2 Trustee Expense
Account, Group 2 Reserve Account, Group 2 Interest Coverage Account, the
Sub-Pool III Pre-Funding Account or the Sub-Pool III 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 Sub-Pool III 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 Sub-Pool III Mortgage Loans and (vi) Released Mortgaged Property
Proceeds with respect to Sub-Pool III Mortgage Loans. The Depositor's Yield and
amounts received after the Cut-off Date in the case of the Sub-Pool III Initial
Mortgage Loans, or after a Subsequent Cut-off Date in the case of Sub-Pool III
Subsequent Mortgage Loans, in respect of interest accrued on the Sub-Pool III
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 Sub-Pool III.
SUB-POOL III INITIAL MORTGAGE LOANS: The Initial Mortgage Loans with
respect to Sub-Pool III.
SUB-POOL III MORTGAGE LOANS: The Mortgage Loans subject to this Agreement
included in Sub-Pool III.
SUB-POOL III PRE-FUNDING ACCOUNT: The Pre-Funding Account with respect to
Sub-Pool III.
SUB-POOL III PRINCIPAL AND INTEREST ACCOUNT: The Principal and Interest
Account with respect to Sub-Pool III.
SUB-POOL III PRINCIPAL BALANCE: As of any date of determination, the
aggregate Principal Balances of the Sub-Pool III Mortgage Loans.
SUB-POOL III SUBSEQUENT MORTGAGE LOAN: A Sub-Pool III Mortgage Loan
assigned and transferred by the Depositor to the Trustee pursuant to Section
2.10, such Sub-Pool III Mortgage Loan being identified on the related Mortgage
Loan Schedule attached to a Sub-Pool III Subsequent Transfer Instrument.
SUB-POOL III 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 Sub-Pool III
Subsequent Mortgage Loans are transferred and assigned to the Trustee.
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SUB-POOL IV: (i) the Sub-Pool IV 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 Sub-Pool IV or are deposited, with respect to
Sub-Pool IV, in the Group 2 Certificate Account, Group 2 Trustee Expense
Account, Group 2 Reserve Account, Sub-Pool IV Pre-Funding Account, Group 2
Interest Coverage Account, the Sub-Pool IV Pre-Funding Account or the Sub-Pool
IV 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 Sub-Pool IV 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 Sub-Pool IV Mortgage Loans and (vi)
Released Mortgaged Property Proceeds with respect to Sub-Pool IV Mortgage Loans.
The Depositor's Yield and amounts received after the Cut-off Date in the case of
the Sub-Pool IV Initial Mortgage Loans, or after a Subsequent Cut-off Date in
the case of the Sub-Pool IV Subsequent Mortgage Loans, in respect of interest
accrued on the Sub-Pool IV Mortgage Loans on or prior to the Cut-off Date, or a
Subsequent Cut-off Date, as the case may be, do not constitute part of Sub-Pool
IV.
SUB-POOL IV INITIAL MORTGAGE LOANS: The Initial Mortgage Loans with respect
to Sub-Pool IV.
SUB-POOL IV MORTGAGE LOANS. The Mortgage Loans subject to this Agreement
included in Sub-Pool IV.
SUB-POOL IV PRE-FUNDING ACCOUNT: The Pre-Funding Account with respect to
Sub-Pool IV.
SUB-POOL IV PRINCIPAL AND INTEREST ACCOUNT: The Principal and Interest
Account with respect to Sub-Pool IV.
SUB-POOL IV PRINCIPAL BALANCE: As of any date of determination, the
aggregate Principal Balances of the Sub-Pool IV Mortgage Loans.
SUB-POOL IV SUBSEQUENT MORTGAGE LOAN: A Sub-Pool IV Mortgage Loan assigned
and transferred by the Depositor to the Trustee pursuant to Section 2.10, such
Sub-Pool IV Mortgage Loan being identified on the related Mortgage Loan Schedule
attached to a Sub-Pool IV Subsequent Transfer Instrument.
SUB-POOL IV 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 Sub-Pool IV
Subsequent Mortgage Loans are transferred and assigned to the Trustee.
SUBORDINATED AMOUNT: With respect to each Group, the amount set forth as
such in the Insurance Agreement.
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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 June
24, 1998.
SUBSEQUENT TRANSFER INSTRUMENT: A Sub-Pool I Subsequent Transfer
Instrument, a Sub-Pool II Subsequent Transfer Instrument, a Sub-Pool III
Subsequent Transfer Instrument or a Sub-Pool IV 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).
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.
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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 December 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 $18,761,375.12 or (ii) with respect to any
Determination Date occurring prior to March 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
$25,015,166.83; or
(B) as to Group 2, (i) with respect to any Determination Date occurring
prior to March 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
$13,930,753.56 or (ii) with respect to any Determination Date occurring prior to
March 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 $18,574,338.08; or
(C) 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
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.
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(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 1998-1.
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.
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
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Payments with respect to the related Sub-Pool, if any, to be made in respect of
principal) to be distributed to the related 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 related Class 1A or Class 2A Certificateholders
constituting Additional Principal to the extent necessary to reach the Required
Overcollateralization Amount for the related Sub-Pool on such Remittance Date,
and (iii) all amounts distributed to the related 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 June 25, 1998), over
(B) the sum of (i) the related Sub-Pool 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 Sub-Pool to
the extent applied by the Servicer as recoveries of principal in respect of the
related Mortgage Loans, which will be distributed to the related 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 related 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-1 Certificates and Class 1A-2 Certificates in the proportion
that the related Class Principal Balance bears to the sum of the Class 1A-1
Principal Balance and the Class 1A-2 Principal Balance on such date, and
allocated among the Certificates of each such Class in accordance with their
respective Percentage Interests. As of any date of determination, 100% of all of
the Voting Rights with respect to Group 2 shall be allocated among Holders of
Class 2A-1 Certificates and Class 2A-2 Certificates in the proportion that the
related Class Principal Balance bears to the sum of the Class 2A-1 Principal
Balance and Class 2A-2 Principal Balance, and allocated among the Certificates
of each such class 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 Cut-off 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 March 1, 1998, Series 1998-1,] 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 March 1, 1998, Series 1998-1" 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 1998-1, 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 March 1, 1998, Series 1998-1." 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 Sub-Pool, 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 Sub-Pool I and
Sub-Pool II and Section 2.10(d) with respect to Sub-Pool III and Sub-Pool
IV 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 8.50% for
Sub-Pool I or 6.50% for Sub-Pool II; (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 90%; 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 August 1998. In addition, following the purchase of any Group 1 Subsequent
Mortgage Loan by the Trust Fund, the Sub-Pool I Mortgage Loans (including the
Sub-Pool I Subsequent Mortgage Loans) as of the end of the Funding Period will:
(i) have a weighted average Mortgage Rate of at least 10.26%; (ii) have a
weighted average remaining term to stated maturity of not more than 290 months
and not less than 200 months; (iii) have a weighted average Combined
Loan-to-Value
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Ratio of not more than 81%; (iv) have not in excess of 35% by aggregate
principal balance of Sub-Pool I Mortgage Loans that are Balloon Mortgage Loans;
(v) have no Sub-Pool I Mortgage Loan with a principal balance in excess of
$227,150; (vi) not have in excess of 12% by aggregate principal balance of
Sub-Pool I 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 Sub-Pool I Mortgage Loans; (viii)
not have any Sub-Pool I Mortgage Loans secured by Mortgaged Properties that are
condominiums; and (ix) have at least 100% by aggregate principal balance of
Sub-Pool I Mortgage Loans secured by fee simple interests in attached or
detached Single Family Properties. In addition, following the purchase of any
Group 1 Subsequent Mortgage Loan by the Trust Fund, the Sub-Pool II Mortgage
Loans (including the Sub-Pool II Subsequent Mortgage Loans) as of the end of the
Group 1 Funding Period will: (i) have a weighted average Mortgage Rate of at
least 10.50%; (ii) have a weighted average remaining term to stated maturity of
not more than 263 months and not less than 195 months; (iii) have a weighted
average Combined Loan-to-Value Ratio of not more than 82%; (iv) have not in
excess of 36% by aggregate principal balance of Sub-Pool II Mortgage Loans that
are Balloon Mortgage Loans; (v) have no Sub-Pool II Mortgage Loan with a
principal balance in excess of $950,000; (vi) not have in excess of 22% by
aggregate principal balance of Sub-Pool II 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 Sub-Pool II Mortgage Loans; (viii) not have in excess of 4% by aggregate
principal balance of Sub-Pool II Mortgage Loans secured by Mortgaged Properties
that are condominiums; (ix) have at least 56% by aggregate principal balance of
Sub-Pool II 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 25% by aggregate principal balance of
Sub-Pool II Mortgage Loans secured by Multifamily Properties, Mixed Use
Properties and Commercial Properties; and (xi) not have in excess of 12% by
aggregate principal balance of Sub-Pool II Mortgage Loans secured by
Manufactured Homes. 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 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 3.75%; (E) such
Subsequent Mortgage Loan will be underwritten in accordance with the criteria
set forth under "The
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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 90%; (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 August 1998. In addition, following the purchase of any Group 2 Subsequent
Mortgage Loan by the Trust Fund, the Sub-Pool III Mortgage Loans (including the
related Sub-Pool III 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 9.90%; (ii) have a weighted average
remaining term to stated maturity of not more than 359 months and not less than
300 months; (iii) have a weighted average Loan-to-Value Ratio of not more than
84%; (iv) have no Sub-Pool III Mortgage Loan with a principal balance in excess
of $227,150; (v) not have in excess of 10% by aggregate principal balance of
Sub-Pool III 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 Sub-Pool III Mortgage Loans;
(vii) not have any Sub-Pool III Mortgage Loans secured by Mortgaged Properties
that are condominiums; (viii) have at least 100% by aggregate principal balance
of Sub-Pool III Mortgage Loans secured by fee simple interests in attached or
detached Single Family Properties; (ix) will not be secured by Multifamily
Properties; (x) will not be secured by Mixed Use Properties; (xi) will not be
secured by Commercial Properties; and (xii) will not be secured by Manufactured
Homes. In addition, following the purchase of any Group 2 Subsequent Mortgage
Loan by the Trust Fund, the Sub-Pool IV Mortgage Loans (including the related
Sub-Pool IV 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 9.90%; (ii) have a weighted average remaining term to
stated maturity of not more than 359 months and not less than 300 months; (iii)
have a weighted average Loan-to-Value Ratio of not more than 82%; (iv) have no
Sub-Pool IV Mortgage Loan with a principal balance in excess of $950,000; (v)
not have in excess of 10% by aggregate principal balance of Sub-Pool IV 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 Sub-Pool IV Mortgage Loans; (vii) not have in
excess of 5% by aggregate principle balance of Sub-Pool IV Mortgage Loans
secured by Mortgaged Properties that are condominiums; (viii) have at least 73%
by aggregate principal balance of Sub-Pool IV Mortgage Loans secured by fee
simple interests in attached or detached Single Family Properties; (ix) will not
be secured by Multifamily Properties; (x) will not be secured by Mixed Use
Properties; (xi) will not be secured by Commercial Properties; and (xii) not
have in excess of 5% by aggregate principal balance of the Sub-Pool IV 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) Reserved;
(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.
(x1) 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 25.68% 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 21.30% of the Original Group 1 Principal Balance
are Periodic Payment Loans. Mortgage Loans constituting approximately
21.24% 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 75.30% 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 6.950% and not more than approximately 15.450%;
(x) As of the Cut-off Date, no payment on any Mortgage Loan is 30 days
or more delinquent (two or more payments missed). Fifteen 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 1.10% of the Original Sub-Pool I
Principal Balance is secured by Mortgaged Properties located within any
single zip code area;
(xii) Approximately 93.83% of the Original Sub-Pool I Principal
Balance is secured by Mortgaged Properties that are maintained by the
Mortgagors as primary residences, approximately 0.40% of the Original
Sub-Pool I Principal Balance is secured by Mortgaged Properties that are
maintained by the Mortgagors as second homes, and approximately 94.23% of
the Original Sub-Pool I Principal Balance is secured by Owner-Occupied
Mortgaged Property. Approximately 5.77% of the Original Sub-Pool I
Principal Balance is secured by investor properties;
(xiii) Approximately 100.00% of the Original Sub-Pool I Principal
Balance is secured by attached or detached one-family dwelling units. None
of the Sub-Pool I Mortgage Loans are secured by Multifamily Properties,
Mixed-Use Properties, Commercial Properties, Manufactured Homes,
condominiums, units in a planned unit development or two-to four family
dwelling units.
(xiv) Approximately 23.79% of the Sub-Pool I Mortgage Loans are
Balloon Loans and approximately 24.23% of the Sub-Pool I Mortgage Loans are
Periodic Payment Loans which may become Balloon Loans;
(xv) No more than approximately 1.22% of the Original Sub-Pool II
Principal Balance is secured by Mortgaged Properties located within any
single zip code area;
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(xvi) Approximately 89.35% of the Original Sub-Pool II Principal
Balance is secured by Mortgaged Properties that are maintained by the
Mortgagors as primary residences, approximately 0.49% of the Original
Sub-Pool II Principal Balance is secured by Mortgaged Properties that are
maintained by the Mortgagors as second homes, and approximately 89.84% of
the Original Sub-Pool II Principal Balance is secured by Owner-Occupied
Mortgaged Property. Approximately 27.44% of the Original Sub-Pool II
Principal Balance is secured by investor properties;
(xvii) Approximately 64.28% of the Original Sub-Pool II Principal
Balance is secured by attached or detached one-family dwelling units (not
including Manufactured Homes). Approximately 1.94% of the Original Sub-Pool
II Principal Balance is secured by units in condominiums. Approximately
5.08% of the Original Sub-Pool II Principal Balance is secured by
Manufactured Homes. No more than approximately 17.90% of the Original
Sub-Pool II Principal Balance is secured by units in properties consisting
of two- to four-family dwelling units. Approximately 2.13% of the Original
Sub-Pool II Principal Balance is secured by units in a planned unit
development. Approximately 4.52% of the Original Sub-Pool II Principal
Balance is secured by Multifamily Properties, and no more than
approximately 2.77% of the Original Sub-Pool II Principal Balance is
secured by Mixed Use Properties. No more than 1.37% of the Original
Sub-Pool II Principal Balance is secured by Commercial Properties.
(xviii) Approximately 26.88% of the Sub-Pool II Initial Mortgage Loans
are Balloon Loans and approximately 19.45% of the Sub-Pool II Initial
Mortgage Loans are Periodic Payment Loans which may become Balloon Loans.
(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 0.48%
of the Original Group 2 Principal Balance is subject to a One Year Treasury
Index, and approximately 99.52% 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;
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(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
3.750% to 10.000% and the weighted average Gross Margin as of the Cut-off
Date is approximately 6.6784%;
(v) Approximately 49.51% 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 6.750% per annum to 14.375% and the weighted average
Mortgage Rate as of the Cut-off Date is 10.3549% per annum;
(vii) Each Mortgage Loan that was originated on or after September 24,
1996, has an initial or next Adjustment Date no later than April 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). Two Mortgage Loans
have been 30 days delinquent (two payments missed) on one occasion prior to
the Cut-off Date;
(x) No more than approximately 0.75% of the Original Sub-Pool III
Principal Balance is secured by Mortgaged Properties located within any
single zip code area;
(xi) 96.98% of the Original Sub-Pool III Principal Balance is secured
by Mortgaged Properties that are maintained by the Mortgagors as primary
residences, 0.37% of the Sub-Pool III Mortgage Loans are secured by
Mortgaged Properties that are maintained by the Mortgagors as second homes,
and approximately 97.35% of the Original Sub-Pool III Principal Balance is
secured by Owner Occupied Mortgaged Property;
(xii) Approximately 100.00% of the Original Sub-Pool III Principal
Balance is secured by attached or detached one-family dwelling units.
Approximately 2.65% of the Original Sub-Pool III Principal Balance is
secured by investor properties. None of the Sub-
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Pool III Mortgage Loans are secured by Multifamily Properties, Mixed Use
Properties, Commercial Properties, Manufactured Homes, condominiums, units
in a planned unit development or two- to four-family dwelling units;
(xiii) No more than approximately 1.05% of the Original Sub-Pool IV
Principal Balance is secured by Mortgaged Properties located within any
single zip code area;
(xiv) 93.22% of the Original Sub-Pool IV Principal Balance is secured
by Mortgaged Properties that are maintained by the Mortgagors as primary
residences, approximately 1.39% of the Original Sub-Pool IV Principal
Balance is secured by Mortgaged Properties that are maintained by the
Mortgagors as second homes and approximately 94.61% of the Original
Sub-Pool IV Principal Balance is secured by Owner Occupied Mortgaged
Property; and
(xv) Approximately 72.31% of the Original Sub-Pool IV Principal
Balance is secured by attached or detached one-family dwelling units (not
including Manufactured Homes). Approximately 1.78% of the Original Sub-Pool
IV Principal Balance is secured by units in condominiums. No more than
approximately 16.70% of the Original Sub-Pool IV Principal Balance is
secured by units in properties consisting of two- to four-family dwelling
units. Approximately 7.35% of the Original Sub-Pool IV Principal Balance is
secured by units in planned unit developments. Approximately 1.86% of the
Original Sub-Pool IV Principal Balance is secured by Manufactured Homes.
Approximately 19.43% of the Original Sub-Pool IV Principal Balance is
secured by investor properties. None of the Sub-Pool IV 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 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 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
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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.
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
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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-1, Class 1A-2, Class
2A-1 and Class 2A-2 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
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certification of facts does not on its face establish the availability of an
exemption under the 1933 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
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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."
(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
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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 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.
No transfer of a Class R Certificate or any interest therein shall be made
to any employee benefit plan or other retirement arrangement, including
individual retirement accounts and annuities, Keogh plans and collective
investment funds and separate accounts in which such plans, accounts or
arrangements are invested, that is subject to the Employment Retirement Income
Security Act of 1974, as amended ("ERISA"), or the Code (each, a "Plan"), unless
the prospective transferee of a Class R Certificate provides the Servicer and
the Trustee with a certification of facts and, at its own expense, an Opinion of
Counsel which establish to the satisfaction of the Servicer and the Trustee that
such transfer will not result in a violation of Section 406 of ERISA or Section
4975 of the Code or cause the Servicer or the Trustee to be deemed a fiduciary
of such Plan or result in the imposition of an excise tax under Section 4975 of
the Code.
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 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
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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.
(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
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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 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
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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 Subservicing
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 March 1, 1998, Series 1998-1" 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 March 1, 1998, Series 1998-1" 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 Sub-Pool, 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 Sub-Pool I,
"Sub-Pool I Principal and Interest Account, Superior Bank FSB, in trust for the
registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-1", with respect to Sub-Pool II, "Sub-Pool II Principal and Interest
Account, Superior Bank FSB, in trust for the registered holders of AFC Mortgage
Loan Asset Backed Certificates, Series 1998-1" with respect to Sub-Pool III,
"Sub-Pool III Principal and Interest Account, Superior Bank FSB, in trust for
the registered holders of AFC Mortgage Loan Asset Backed Certificates, Series
1998-1" and with respect to Sub-Pool IV, "Sub-Pool IV Principal and Interest
Account, Superior Bank FSB, in trust for the registered holders of AFC Mortgage
Loan Asset Backed Certificates, Series 1998-1." 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 Sub-Pool,
the Servicer shall deposit (without duplication) the following amounts with
respect to such Sub-Pool 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;
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(iv) all Insurance Proceeds;
(v) all Released Mortgaged Property Proceeds;
(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 Sub-Pool, 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
Sub-Pool or otherwise relating to the Mortgage Loan in respect of which
such unreimbursed amounts are owed (including amounts paid by the
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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 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.
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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 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 1998-1." 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
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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. 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.
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Section 5.08 Maintenance of Mortgage Impairment Insurance Policy.
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
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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 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 within two years 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
two 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
two-year grace period) or (ii) receives an Opinion of Counsel to the effect that
the holding of such Mortgaged Property subsequent to two 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
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to the Certificate Insurer upon request) as to the progress being made in
selling such REO Property.
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
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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 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
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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 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
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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.
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
1998-1" 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 1998-1." 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
1998-1", 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 1998-1." 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 April
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 Sub-Pool 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
Sub-Pool, 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 Sub-Pool 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 Sub-Pool 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 Sub-Pool 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-1 Certificateholders and the Class 1A-2
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 related Class 1A Interest Remittance Amount with respect
to the Class 1A-1 Certificates and the Class 1A-2 Certificates;
(ii) to the Class 1A-1 Certificateholders and the Class 1A-2
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-1 Principal Balance and the Class 1A-2 Principal Balance,
respectively, to the extent described below, until the Class 1A-1 Principal
Balance and the Class 1A-2 Principal Balance have 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
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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 1
after payments described in clause (X)(i) above, pro rata based on the
related Class Percentage; and
(B) the related Class A Principal Remittance Amount with respect
to the Class 1A-1 and Class 1A-2 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-1 Certificateholders and Class 1A-2
Certificateholders to be applied to reduce the Class 1A-1 Principal Balance
and the Class 1A-2 Principal Balance, respectively, until the Class 1A-1
Principal Balance and the Class 1A-2 Principal Balance have 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, pro
rata based on the related Class Percentage; and
B) the related Additional Principal with respect to the Class
1A-1 and Class 1A-2 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:
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(i) to the Class 1A-1 Certificateholders and Class 1A-2
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 related Class 1A Interest Remittance Amount with respect
to the Class 1A-1 Certificates and the Class 1A-2 Certificates;
(ii) to the Class 1A-1 Certificateholders and Class 1A-2
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-1 Principal Balance and the Class 1A-2 Principal Balance,
respectively, until the Class 1A-1 Principal Balance and the Class 1A-2
Principal Balance have 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, pro rata
based on the related Class Percentage; and
(B) the related Class A Principal Remittance Amount with respect
to the Class 1A-1 Certificates and Class 1A-2 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.
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(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-1 Certificateholders and Class 2A-2
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 related Class 2A Interest Remittance Amount with respect
to the Class 2A-1 and Class 2A-2 Certificates;
(ii) to the Class 2A-1 Certificateholders and Class 2A-2
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-1 Principal Balance and the Class 2A-2 Principal Balance,
respectively, to the extent described below, until the Class 2A-1 Principal
Balance and the Class 2A-2 Principal Balance have 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, pro rata based on the
related Class Percentage; and
(B) the related Class A Principal Remittance Amount with respect
to the Class 2A-1 and Class 2A-2 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-1 Certificateholders and Class 2A-2
Certificateholders to be applied to reduce the Class 2A-1 Principal Balance
and the Class 2A-2 Principal Balance until the Class 2A-1 Principal Balance
and the Class 2A-2 Principal Balance have 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, pro
rata based on the related Class Percentage; and
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(B) the related Additional Principal with respect to the Class
2A-1 and Class 2A-2 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-1 Certificateholders and Class 2A-2
Certificateholders until the Class 2A-1 Principal Balance and Class 2A-2
Principal Balance have 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
(vi) and payments of Additional Principal, if any, to the Class 1A
Certificateholders (in proportion to the amount of Available Funds Cap
Carryforward 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-1 and Class 2A-2 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-1 Certificateholders and Class 2A-2
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 related Class 2A Interest Remittance Amount with respect
to the Class 2A-1 and Class 2A-2 Certificates;
(ii) to the Class 2A-1 Certificateholders and the Class 2A-2
Certificateholders (including for purposes of this Section 6.06(c), the
Certificate Insurer as the subrogee
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thereof), to be applied to reduce the Class 2A-1 Principal Balance and the
Class 2A-2 Principal Balance, respectively, until the Class 2A-1 Principal
Balance and the Class 2A-2 Principal Balance have 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, pro rata
based on the related Class Percentage; and
(B) the Class A Principal Remittance Amount with respect to the
Class 2A-1 and Class 2A-2 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;
(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-1 Certificateholders and Class 2A-2
Certificateholders until the Class 2A-1 Principal Balance and the Class
2A-2 Principal Balance have 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
Carryforward 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-1 and Class 2A-2 Certificates, if any; and
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(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 June 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 related Class 1A or Class 2A Certificateholders, in proportion to the
related Class 1A Principal Balance and the Class 2A Principal Balance,
respectively, to reduce the related Class 1A Principal Balance and the Class 2A
Principal Balance until the related 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, except that the initial distribution on all Classes of
Certificates other than the Class 1A-1 Certificates and the Class 2A
Certificates will be made to Certificateholders of record as of the Closing
Date, based on the Percentage Interest represented by their respective
Certificates, and shall be made by wire transfer of immediately available funds
to the 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-
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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 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")
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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 with respect to each Class of
Class 1A Certificates, the Class 2A Principal Balance with respect to each
Class of Class 2A Certificates and the related Sub-Pool 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 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;
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(x) With respect to each Sub-Pool, (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 Carry-Forward 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
Sub-Pool 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 Sub-Pool Factor determined using the related
Sub-Pool Principal Balance in subclause (xii) above, computed to seven (7)
decimal places;
(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 Sub-Pool, 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;
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(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 Sub-Pool, for the June 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 Classes 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 Sub-Pool, 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
(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
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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.
(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.
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(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
Sub-Pool (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 Sub-Pool), plus (b) with respect to each REO
Property with respect to the related Sub-Pool, 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
Sub-Pool 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 Sub-Pool) 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
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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 Sub-Pool that any
amount held in the Principal and Interest Account with respect to the related
Sub-Pool, 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 Sub-Pool, 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 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 Sub-Pool 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 Sub-Pool I, "Sub-Pool I
Pre-Funding Account, LaSalle National Bank, as trustee for the registered
holders of AFC Mortgage Loan Asset Backed Certificates, Series 1998-1", with
respect to Sub-Pool II, "Sub-Pool II Pre-Funding Account, LaSalle National Bank,
as trustee for the registered holders of AFC Mortgage Loan Asset Backed
Certificates, Series 1998-
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1", with respect to Sub-Pool III, "Sub-Pool III Pre-Funding Account, LaSalle
National Bank, as trustee for the registered holders of AFC Mortgage Loan Asset
Backed Certificates, Series 1998-1", and with respect to Sub-Pool IV, "Sub-Pool
IV Pre-Funding Account, LaSalle National Bank, as trustee for the registered
holders of AFC Mortgage Loan Asset Backed Certificates, Series 1998-1". 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
Sub-Pool remitted on the Closing Date to the Trustee by the Depositor. Prior to
June 25, 1998 or any earlier Subsequent Transfer Date on which the entire
balance of the Original Pre-Funded Amount with respect to the related Sub-Pool
is applied to purchase Subsequent Mortgage Loans, the related Pre-Funding
Account will be an asset of the Trust Fund REMIC.
(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 Sub-Pool 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 June 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:
(iv) to withdraw any amount not required to be deposited in the
related Pre-Funding Account or deposited therein in error; and
(v) to clear and terminate the related Pre-Funding Account upon the
earliest to occur of (A) the June 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
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Certificates, Series 1998-1", 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 1998-1." 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 April 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 10.764% with respect to Sub-Pool I, 11.049% with respect to Sub-Pool
II, 10.324% with respect to Sub-Pool III and 10.371% with respect to Sub-Pool IV
minus (ii) the sum of (1) interest payments received on Subsequent Mortgage
Loans with respect to the related Sub-Pool 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 Sub-Pool 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 May 26, 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 April 1, 1998
at an annual rate equal to 10.764% with respect to Sub-Pool I, 11.049% with
respect to Sub-Pool II, 10.324% with respect to Sub-Pool III and 10.371% with
respect to Sub-Pool IV 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 Sub-Pool
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 June 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
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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 April 1, 1998 at an annual
rate equal to 10.764% with respect to Sub-Pool I, 11.049% with respect to
Sub-Pool II, 10.324% with respect to Sub-Pool III and 10.371% with respect to
Sub-Pool IV 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 Sub-Pool 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 Sub-Pool 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) 10.764% with respect to
Sub-Pool I, 11.049% with respect to Sub-Pool II, 10.324% with respect to
Sub-Pool III and 10.371% with respect to Sub-Pool IV and (iii) a fraction, the
numerator of which is the number of days from the Subsequent Transfer Date to
June 25, 1998 and the denominator of which is 360 days, shall be remitted
immediately to the Depositor.
(f) With respect to each Sub-Pool and upon the earlier of (i) the June 25,
1998 Remittance Date, (ii) the reduction of the related 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 Sub-Pool, 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 June 24,
1998, the Depositor shall instruct the Trustee in writing to establish and
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 1998-1" 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 1998-1." The
Trustee shall, in accordance with the written instructions of the Depositor,
promptly transfer from the related Interest Coverage Account and deposit in and
retain in the related Reserve Account, the Reserve Account Deposit equal to the
interest portion of any Deferred Payments that would otherwise be due after June
24, 1998, which amount shall be set forth in such instructions. 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.
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(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 June 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) to deposit in the Group 1 or Group 2 Certificate Account, as
applicable, an amount equal to the interest portion of any Deferred Payment
that would otherwise be due during the related Due Period;
(ii) to clear and terminate the related Reserve Account upon the
termination of this Agreement with any amounts on deposit therein being
paid 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 March 1, 1998,
Series 1998-1" 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 March
1, 1998, Series 1998-1" 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
Sub-Pool, 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 Sub-Pool 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,
1998, 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, 1998, 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 Sub-Pool I Principal and Interest Account, the
Sub-Pool II Principal and Interest Account, the Sub-Pool III Principal and
Interest Account or the Sub-Pool IV 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
Certificateholder 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 determines 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 sum of the weighted average of the Class 1A Pass-Through Rates, with
respect to Group 1, or the Class 2A Pass-Through Rates, 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-1, Class 1A-2, Class 2A-1 and Class 2A-2 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
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Provisions or other compliance guidance issued by the Internal Revenue Service
or any state or 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
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from foreclosure property" of the Trust Fund REMIC, as defined in Section
860G(c) of the Code, 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, 1998,
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 December 26, 2027 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
Certificateholders' 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
1998-1, (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
<PAGE>
State of )
) ss.:
County of )
On the 26th day of March, 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 26th day of March, 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 March 1, 1998, Series 1998-1] 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.
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<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 1998-1 Original Class 1A[-1][-2] Principal
Class 1A[-1][-2] Balance: $___________.
No. ___________________
Original Dollar Amount as of the
Date of Pooling and Closing Date Represented by this
Servicing Agreement: Certificate: $_______________.
March 1, 1998
Servicer: Percentage Interest of this
Superior Bank FSB Certificate: __%.
First Remittance Date: Original [Sub-Pool I] [Sub-Pool II]
April 27, 1998 Principal Balance: $_____________.
Closing Date: Original [Sub-Pool I] [Sub-Pool II]
March __, 1998 Pre-Funded Amount: $_____________.
Class 1A[-1][-2] Latest Scheduled Maturity Date of the
Pass-Through Rate: Class A Certificates: ___________
variable 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 1A[-1][-2] Certificates of the above
referenced series (the "Class 1A[-1][-2] 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 March 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 March 1,
1998. To the extent not
<PAGE>
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 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 April 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[-1][-2] 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[-1][-2] Certificate referred to in the within-mentioned
Agreement.
LASALLE NATIONAL BANK, as Certificate Registrar
By: ______________________________________
Authorized Officer
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<PAGE>
EXHIBIT B-2
[FORM OF CLASS 2A CERTIFICATE]
[DTC LEGEND]
AFC Mortgage Loan Asset Backed Certificate
Series 1998-1 Original Class 2A[-1][-2] Principal
Class 2A[-1][-2] Balance: $___________.
No. ________________ Original Dollar Amount as of the
Closing Date Represented by this
Date of Pooling and Certificate: $_______________.
Servicing Agreement:
March 1, 1998
Servicer: Percentage Interest of this
Superior Bank FSB Certificate: __%.
First Remittance Date: Original [Sub-Pool III] [Sub-Pool IV]
April 27, 1998 Principal Balance: $_____________.
Closing Date: Original [Sub-Pool III] [Sub-Pool IV]
March __, 1998 Pre-Funded Amount: $_____________.
Pass-Through Rate: Latest Scheduled Maturity Date of the
Variable Class 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[-1][-2] 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 March 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 March 1, 1998. To the
extent not defined herein, the capitalized terms used herein have the meanings
assigned in the Agreement. This
<PAGE>
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 April 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[-1][-2] 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[-1][-2] Certificate referred to in the within-mentioned
Agreement.
LASALLE NATIONAL BANK, as Certificate Registrar
By: ____________________________________
Authorized Officer
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<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 TRANSFER OF THIS CERTIFICATE OR ANY INTEREST HEREIN SHALL BE MADE TO ANY
EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT, INCLUDING INDIVIDUAL
RETIREMENT ACCOUNTS AND ANNUITIES, KEOGH PLANS AND COLLECTIVE INVESTMENT FUNDS
AND SEPARATE ACCOUNTS IN WHICH SUCH PLANS, ACCOUNTS OR ARRANGEMENTS ARE INVESTED
THAT IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS
AMENDED ("ERISA"), OR THE INTERNAL REVENUE CODE OF 1986 (THE "CODE"), UNLESS THE
SERVICER AND THE TRUSTEE ARE PROVIDED WITH A CERTIFICATION AND AN
<PAGE>
OPINION OF COUNSEL WHICH ESTABLISHES TO THE SATISFACTION OF THE SERVICER AND THE
TRUSTEE THAT SUCH TRANSFER WILL NOT RESULT IN A VIOLATION OF SECTION 406 OF
ERISA OR SECTION 4975 OF THE CODE OR CAUSE THE SERVICER OR THE TRUSTEE TO BE
DEEMED A FIDUCIARY OF SUCH PLAN OR RESULT IN THE IMPOSITION OF AN EXCISE TAX
UNDER THE CODE.
AFC Mortgage Loan Asset Backed Certificate
Series 1998-1 Percentage Interest of
Class R this Certificate:
__%
No. _____________
Date of Pooling and Original Pool Principal Balance:
Servicing Agreement: $________________.
March 1, 1998
Original Pre-Funded Amount:
Servicer: $___________.
Superior Bank FSB
Trustee: LaSalle National Bank
First Remittance Date: Closing Date:
April 27, 1998 March __, 1998
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 March 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 March 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 April 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
-2-
<PAGE>
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 transfer of a Class R Certificate or any interest therein shall be made
to any employee benefit plan or other retirement arrangement, including
individual retirement accounts and annuities, Keogh plans and collective
investment funds and separate accounts in which such plans, accounts or
arrangements are invested, that is subject to the Employment Retirement Income
Security Act of 1974, as amended ("ERISA"), or the Code (each, a "Plan"), unless
the prospective transferee of a Class R Certificate provides the Servicer and
the Trustee with a certification of facts and, at its own expense, an Opinion of
Counsel which establish to the satisfaction of the Servicer and the Trustee that
such transfer will not result in a violation of Section 406 of ERISA or Section
4975 of the Code or cause the Servicer or the Trustee to be deemed a fiduciary
of such Plan or result in the imposition of an excise tax under Section 4975 of
the Code.
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.
-3-
<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
-4-
<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 1998-1, Class
1A-1, Class 1A-2, Class 2A-1, Class 2A-2 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 Initial 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 sub-Pool 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-1, Class 1A-2,
Class 2A-1, Class 2A-2 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 March
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 four accounts, as
Principal and Interest Accounts pursuant to Section 5.03 of the Agreement, to be
designated as "Sub-Pool I Principal and Interest Account, Superior Bank FSB, in
trust for the registered holders of AFC Mortgage Loan Asset Backed Certificates,
Series 1998-1", "Sub-Pool II Principal and Interest Account, Superior Bank FSB,
in trust for the registered holders of AFC Mortgage Loan Asset Backed
Certificates, Series 1998-1", "Sub-Pool III Principal and Interest Account,
Superior Bank FSB, in trust for the registered holders of AFC Mortgage Loan
Asset Backed Certificates, Series 1998-1" and "Sub-Pool IV Principal and
Interest Account, Superior Bank FSB, in trust for the registered holders of AFC
Mortgage Loan Asset Backed Certificates, Series 1998-1." 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 Sub-Pool I, Account Number __________ with respect to Sub-Pool II,
Account Number __________ with respect to Sub-Pool III and Account Number
__________ with respect to Sub-Pool IV 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 1998-1, dated as
of March 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 directly or indirectly purchasing the
Certificates on behalf of, as investment manager of, as named fiduciary of,
as trustee of, or with assets of a Plan; or (2) Purchaser's purchase of the
Certificate(s) will not result in a prohibited transaction under section
406 of ERISA or section 4975 of the Code.
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.
-2-
<PAGE>
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.
_________________________________, ____________________________________,
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 March 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 1998-1 (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 1998-1, Class
___, No. __, issued pursuant to that certain Pooling and
Servicing Agreement, dated as of March 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 March 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 March 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 March 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
1998-1
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 SUB-POOL I
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 1 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-01 800277386 BARNETT MARIA A 240 20 83RD AVENUE BELLROSE NY 11426
234-01 800338147 WASHINGTON ESTELLE 1922 23RD STREET ST PETERSBU FL 33712
234-01 800340119 GREGG STEWART R 18 NORTHRUP AVENUE LISLE NY 13797
234-01 800359341 YOUNG TERRY D 404 COSTLEY ROAD VESTAL NY 13850
234-01 800360653 MILLER PHIL 135 CAROLINA AVENUE S HEMPSTEAD NY 11550
234-01 800367468 SEEKFORD HELEN R 14717 CEARFOSS PIKE HAGERSTOWN MD 21740
234-01 800373102 OMALLEY RICHARD 300 JOHNSON AVENUE RONKONKOMA NY 11779
234-01 800389777 WHITECAVAGE PAUL J JR 629 E MAHANOY AVENUE MAHANOY CTY PA 17948
234-01 800394785 GURLEY VERA LEE 715 SOUTH NEW YORK AVENUE LAKELAND FL 33801
234-01 800396566 BROWN ERNEST 1150 E SLOCUM STREET PHILADELPHI PA 19150
234-01 800402158 PEARCE CRAIG 554 ARCHER STREET FREEPORT NY 11520
234-01 800402349 JEFFRIES BETH A 903 SOUTHEAST 19TH TERRACE CAPE CORAL FL 33990
234-01 800402927 DETTORRE PASQUALE 25823 NORTH 1O1ST AVENUE PEORIA AZ 85382
234-01 800403099 RUSSELL JAMES C 420 COLTON STREET PITTSBURGH PA 15209
234-01 800403511 WHITE JOSEPH 4524 PIMLICO ROAD BALTIMORE MD 21215
234-01 800404261 COLLINS DEDRIAH 101-37 126TH STREET RICHMOND HI NY 11419
234-01 800412074 SARGEANT JOYCE 2233 MOHANSIC AVENUE YORKTOWN HE NY 10598
234-01 800418477 GAENZLE JOSEPH F 2866 FLEETWOOD DRIVE LANCASTER PA 17601
234-01 800420119 CRAPPER KENDALL RR 3 BOX 105 LINCOLN DE 19960
234-01 800420283 FISHER SANDRA D 1153 SOUTH AVENUE PITTSBURGH PA 15221
234-01 800425837 GABRIEL NORMA 1118 EAST 35TH STREET BROOKLYN NY 11210
234-01 800426819 SWINTON JOHN W 96 GICK ROAD GANSEVOORT NY 12831
234-01 800428211 FRANTZ DOLORES J 48 SOUTH CLEVELAND STREET MCADOO PA 18237
234-01 800428229 FAHEY DANIEL R 342 REDMONT ROAD N PLAINFIEL NJ 07063
234-01 800430126 WALKER TRACY E 703 LAKE LANE POCONO LAKE PA 18347
234-01 800432817 CATO RICKEY 932 SLOAN CIRCLE ATLANTA GA 30316
234-01 800434300 HOWELL GEORGE JR 514 WEST END AVENUE CORAOPOLIS PA 15108
234-01 800439325 CLARK IVA 113 CLINTON STREET DELAWARE CI DE 19706
234-01 800442626 BRITO MARIA 212 FAHY AVENUE STATEN ISLA NY 10314
234-01 800443855 JOHNSON WEBSTER C 507 EDGEWOOD STREET BALTIMORE MD 21229
234-01 800445140 THOMPSON DONNA P 106 BASIN DRIVE SPARTANBURG SC 29303
234-01 800445553 WISE HAROLD T 5803 US HIGHWAY 13 SOUTH MT OLIVE NC 28365
234-01 800445819 PRESSEAU BEVERLY A 515 SPRING LAKE ROAD OCALA FL 34472
234-01 800448805 HENDERSON VALDRIN 423 W GREENWICH STREET READING PA 19601
234-01 800450033 PATTERSON SHANNON 1121 42ND AVENUE NORTH ST PETERSBU FL 33703
234-01 800456758 LAWLER CLARE 97 HILLCREST STREET STATEN ISLA NY 10308
234-01 800457368 RODRIGUEZ CARLOS M 538 S 11TH STREET READING PA 19602
234-01 800458234 BROWN RUSSELL LEE SR 2 KINGSMAN CIRCLE FORT MYERS FL 33905
234-01 800459729 GREEN LOUISE W 1201 KINGSBURY ROAD OWINGS MILL MD 21117
234-01 800461436 HOLTON LAWRENCE A 6605 NORTH 30TH STREET TAMPA FL 33610
234-01 800462947 GOODWIN JOHN 2528 ARTHUR STREET HOLLYWOOD FL 33020
234-01 800463952 CONSORTI KIMBERLY 11 AMERICAN WAY NEWBURGH NY 12550
234-01 800465098 TROWERS MILLICENT 141 FIFTH AVENUE NEW ROCHELL NY 10801
234-01 800465353 SMELSER KEITH 1305 NORTHEAST 55TH STREET OCALA FL 34479
234-01 800466013 LESTER JUANITA D 501 HOWARD AVENUE TALLAHASSEE FL 32310
234-01 800469140 YOUNG GLEN JR 2254 KIMBERLY LANE TALLAHASSEE FL 32311
234-01 800470478 FATOKI SAMUEL 4903 RIDGEVIEW LANE BOWIE MD 20715
234-01 800470759 PUTNAM BRENT C 2615 GRIMSLEY STREET GREENSBORO NC 27403
234-01 800470866 REGINA EDWARD JOSEPH RR1 MOHN ROAD BEACH LAKE PA 18405
234-01 800471823 RAPPA MARK 964 MANOR LANE W BAYSHORE NY 11706
234-01 800472185 CRAWLEY CLEETTA 4306 SCOTT AVENUE FT MYERS FL 33905
234-01 800472201 ARGUETA NAHUM E 90-54 199TH STREET HOLLIS NY 11423
234-01 800472623 JAMES CHERYL L 941 N 66TH STREET PHILADELPHI PA 19151
234-01 800474595 VELAZQUEZ ADRIAN 220 DUNNS COURT READING PA 19601
234-01 800474843 MARIN ROBERT H JR 50 BIRCHER AVENUE HYDE PARK NY 12601
234-01 800475527 DIMARCO ANTHONY 935 MANDALAY AVENUE CLEARWATER FL 34630
234-01 800475709 BANKS-JONES ANGELA 15 EAST BOOKER AVENUE WYANDANCH NY 11798
234-01 800477465 TROSKY JOSEPH R 333 MAFFETT STREET PLAINS PA 18705
234-01 800480022 CHAN YIN FONG 13 RIDGEVIEW DRIVE SCRANTON PA 18447
234-01 800482184 HANSRAJ JITINDRA 114-45 118TH STREET S OZONE PK NY 11420
234-01 800482507 WILBUR WILLIAM J 121 FOOTE AVENUE DURYEA PA 18642
234-01 800486599 BRACKEN DOLORES C 65 WILLIAM STREET LITTLE FALL NJ 07424
234-01 800487167 DEVANE JAMIE 9411 NEWPORT AVENUE NORTH TAMPA FL 33612
234-01 800490021 WASHINGTON JAMES 4616 SPRING MEADOWS ROAD QUINCY FL 32351
234-01 800491235 MUENTZER BERNICE 11979 RICE LANE N HUNTINGTO PA 15642
234-01 800492670 TEJEDA FURCY 19 MARSHALL ROAD YONKERS NY 10705
234-01 800492993 GIARDINA VICTORIA A 9310 STERLING LANE PORT RICHEY FL 34668
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800277386 200,000.00 198,951.89 09/22/97 08/22/27 353.72 03/22/98 80.0 9.875 1,736.70
800338147 39,100.00 39,100.00 10/24/97 09/24/12 174.81 02/24/98 85.0 12.300 411.24
800340119 20,000.00 19,885.30 12/11/97 11/11/12 176.38 03/11/98 36.6 12.100 241.32
800359341 22,950.00 22,363.52 01/01/98 12/01/27 357.00 03/01/98 85.0 10.850 215.96
800360653 130,200.00 130,200.00 10/17/97 09/17/12 174.58 02/17/98 70.0 12.150 1,354.31
800367468 48,000.00 47,890.20 12/26/97 11/26/12 176.88 02/26/98 58.1 9.050 387.95
800373102 69,000.00 68,524.38 12/26/97 11/26/27 356.88 03/26/98 53.0 9.800 595.35
800389777 12,800.00 12,800.00 12/26/97 11/26/12 176.88 02/26/98 80.0 13.500 166.18
800394785 68,000.00 67,823.37 11/27/97 10/27/27 355.89 03/27/98 80.0 9.800 586.72
800396566 49,000.00 48,545.84 11/27/97 10/27/12 175.89 03/27/98 70.0 11.750 580.22
800402158 137,700.00 137,700.00 12/17/97 11/17/12 176.58 02/17/98 90.0 11.850 1,400.52
800402349 73,000.00 73,000.00 11/22/97 10/22/27 355.73 02/22/98 62.3 11.990 750.33
800402927 188,000.00 187,991.24 12/01/97 11/01/12 176.00 03/01/98 80.0 9.950 1,642.90
800403099 27,200.00 27,200.00 02/05/98 01/05/28 358.19 03/05/98 80.0 12.500 290.29
800403511 32,000.00 31,992.67 11/20/97 10/20/12 175.66 02/20/98 73.5 13.000 353.98
800404261 153,000.00 153,000.00 01/05/98 12/05/27 357.17 02/05/98 90.0 10.300 1,376.72
800412074 60,000.00 59,885.55 12/24/97 11/24/12 176.81 03/24/98 32.3 10.950 569.13
800418477 128,987.00 128,030.74 11/27/97 10/27/17 235.89 03/27/98 85.0 9.900 1,236.23
800420119 10,000.00 9,891.11 01/24/98 12/24/07 117.80 03/24/98 20.0 10.150 132.98
800420283 23,800.00 23,781.84 11/20/97 10/20/27 355.66 03/20/98 85.0 12.700 257.71
800425837 158,000.00 158,000.00 01/22/98 12/22/27 357.73 02/22/98 84.9 12.800 1,723.13
800426819 31,500.00 31,475.61 12/24/97 11/24/12 176.81 03/24/98 50.0 11.250 305.95
800428211 28,000.00 27,886.40 01/23/98 12/23/27 357.76 02/23/98 80.0 13.500 320.72
800428229 113,050.00 113,045.87 01/19/98 12/19/12 177.63 03/19/98 85.0 9.800 975.43
800430126 70,000.00 69,945.29 01/16/98 12/16/27 357.53 03/16/98 89.1 11.050 669.27
800432817 30,750.00 30,472.15 12/17/97 11/17/12 176.58 04/17/98 75.0 12.250 322.23
800434300 54,000.00 53,722.42 12/24/97 11/24/17 236.81 03/24/98 90.0 9.400 499.83
800439325 33,600.00 33,040.22 12/10/97 11/10/12 176.35 04/10/98 80.0 11.250 387.19
800442626 120,000.00 119,868.55 12/24/97 11/24/27 356.81 03/24/98 80.0 13.300 1,355.64
800443855 36,390.00 36,334.66 01/11/98 12/11/12 177.37 03/11/98 67.3 9.650 383.29
800445140 32,000.00 32,000.00 02/05/98 01/05/28 358.19 02/05/98 80.0 13.500 366.53
800445553 40,000.00 39,786.99 12/24/97 11/24/12 176.81 03/24/98 75.1 11.200 459.68
800445819 61,400.00 60,968.90 12/24/97 11/24/12 176.81 03/24/98 71.3 9.500 516.28
800448805 28,000.00 27,996.56 01/08/98 12/08/27 357.27 03/08/98 84.8 11.650 280.49
800450033 64,000.00 63,902.18 12/26/97 11/26/27 356.88 03/26/98 80.0 11.800 648.48
800456758 162,000.00 159,665.93 12/07/97 11/07/12 176.25 04/07/98 90.0 11.450 1,598.09
800457368 33,000.00 33,000.00 02/15/98 01/15/28 358.52 03/15/98 89.4 10.400 299.40
800458234 44,000.00 44,000.00 12/10/97 11/10/27 356.35 02/10/98 80.0 11.800 445.83
800459729 153,000.00 152,976.54 02/05/98 01/05/28 358.19 03/05/98 85.0 11.300 1,491.84
800461436 64,600.00 64,123.10 02/01/98 01/01/13 178.00 04/01/98 85.0 11.500 639.73
800462947 47,000.00 46,531.29 01/02/98 12/02/27 357.07 03/02/98 65.2 9.990 412.11
800463952 117,000.00 116,579.69 01/17/98 12/17/12 177.57 03/17/98 90.0 11.050 1,118.64
800465098 121,500.00 121,500.00 01/05/98 12/05/12 177.17 03/05/98 90.0 11.850 1,235.75
800465353 37,600.00 37,301.49 01/22/98 12/22/12 177.73 03/22/98 80.0 11.940 449.81
800466013 60,000.00 60,000.00 12/26/97 11/26/12 176.88 02/26/98 80.0 13.000 663.72
800469140 68,000.00 67,666.33 12/25/97 11/25/12 176.84 02/25/98 80.0 12.500 725.73
800470478 135,900.00 135,900.00 12/21/97 11/21/12 176.71 02/21/98 90.0 11.250 1,319.94
800470759 34,400.00 34,400.00 02/20/98 01/20/13 178.68 02/20/98 80.0 11.750 347.24
800470866 56,100.00 56,022.15 12/24/97 11/24/17 236.81 02/24/98 55.0 12.990 656.85
800471823 112,000.00 111,835.28 12/24/97 11/24/27 356.81 02/24/98 80.0 12.850 1,225.83
800472185 31,680.00 31,413.89 01/08/98 12/08/12 177.27 04/08/98 72.0 10.990 301.46
800472201 132,000.00 131,806.15 12/20/97 11/20/27 356.68 03/20/98 80.0 13.400 1,501.56
800472623 46,750.00 46,750.00 02/26/98 01/26/28 358.88 02/26/98 85.0 12.500 498.94
800474595 21,250.00 21,140.07 12/20/97 11/20/27 356.68 03/20/98 85.0 11.750 214.50
800474843 91,500.00 91,392.49 12/25/97 11/25/12 176.84 03/25/98 75.0 12.000 941.18
800475527 124,620.00 124,620.00 02/16/98 01/16/28 358.55 03/16/98 67.0 9.150 1,016.20
800475709 80,000.00 79,844.90 12/26/97 11/26/12 176.88 03/26/98 80.0 10.050 705.01
800477465 46,000.00 45,915.38 02/08/98 01/08/18 238.29 03/08/98 77.3 9.050 415.35
800480022 148,000.00 147,139.55 01/22/98 12/22/12 177.73 03/22/98 80.0 10.250 1,613.13
800482184 153,000.00 153,000.00 02/01/98 01/01/13 178.00 03/01/98 90.0 11.950 1,567.89
800482507 24,000.00 23,726.20 02/01/98 01/01/08 118.00 04/01/98 53.3 10.500 323.84
800486599 118,000.00 118,000.00 02/12/98 01/12/28 358.42 03/12/98 76.1 9.900 1,026.83
800487167 46,000.00 45,949.38 01/23/98 12/23/27 357.76 02/23/98 76.6 10.150 408.79
800490021 104,000.00 103,982.15 01/19/98 12/19/27 357.63 03/19/98 80.0 8.900 829.33
800491235 46,750.00 46,709.46 02/14/98 01/14/28 358.49 03/14/98 85.0 9.400 389.69
800492670 190,000.00 189,439.97 03/02/98 02/02/28 359.11 04/02/98 73.0 11.350 1,859.84
800492993 34,400.00 34,357.48 02/12/98 01/12/28 358.42 03/12/98 80.0 11.250 334.11
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 2 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-01 800494247 FRITH AARON 3633 NEW RIVER ROAD ZEPHYRHILLS FL 33540
234-01 800495376 MACDONALD LIZBETH J 20 CIRCLE DRIVE GLEN ROCK PA 17327
234-01 800496010 JONES DAVID 717 LOCUST STREET READING PA 19604
234-01 800496762 COLLINS CYNTHIA DIANA 1 BOX 282 A HILTONS VA 24258
234-01 800496770 CLARK SHERILL 115-40 166TH STREET JAMAICA NY 11434
234-01 800500480 RAINSBURG SEAN LEE 753 SOUTH ERIE STREET MASSILLON OH 44646
234-01 800501421 LITTLE CHANDRA 6411 BUSHEY DRIVE TEMPLE HILL MD 20748
234-01 800502569 TUFARO PASQUALE 2486 INGLEWOOD STREET EAST MEADOW NY 11554
234-01 800502775 MERRIAM EDWARD 1181 COUNTY ROUTE 3 HANNIBAL NY 13074
234-01 800505695 FITZGERALD PRISCILLA 107 MEADOW STREET GARDEN CITY NY 11530
234-01 800508715 EDGAR TINA M 5830 ORCHIS ROAD VENICE FL 34293
234-01 800509887 NIEVES LUIS 447 GORDON STREET READING PA 19601
234-01 800510083 HUBERT DONALD J 5901 12TH WAY NORTH ST PETERSBU FL 33703
234-01 800510430 WILLIAMS MICHAEL 58 BARNEY STREET LARKSVILLE PA 18651
234-01 800510562 TUCKER FITZROY G 219-17 130TH DRIVE SPRINGFIELD NY 11413
234-01 800511008 MINAMI ANDREW 49 WEST 14TH ROAD BROAD CHANN NY 11693
234-01 800511495 POMPLIANO GEORGE C JR 6862 CANDLEWOOD DRIVE FORT MYERS FL 33919
234-01 800511529 KOKELL THOMAS 17 NORTH HILL DRIVE E NORTHPORT NY 11731
234-01 800513228 HARRIS KARL A 502 ORANGE LAWN DRIVE VALRICO FL 33594
234-01 800513749 VAN DOREN DANIEL D 8641 50TH STREET NORTH PINELLAS PK FL 33782
234-01 800514796 WARRICK JAMES 1824 BUNDY STREET SCRANTON PA 18508
234-01 800514903 SALTER ROBERT W RR 2 BOX 473-G NORTHUMERLA PA 17857
234-01 800515736 PASQUEL THOMAS 6 MUNDET DRIVE OSSINING NY 10562
234-01 800515884 PHILLIPS CARLA 1030 19TH AVENUE NORTH ST PETERSBU FL 33704
234-01 800516932 WHALEY JAMES 5217 SPALDING AVENUE COLUMBIA SC 29203
234-01 800517393 BAKER MICHAEL 37 LYMAN AVENUE PATCHOGUE NY 11772
234-01 800517401 TULLY MICHAEL 309 FRANKLIN AVENUE NORTHFIELD NJ 08225
234-01 800518342 DURF JAMES W 581 WALNUT BOTTOM RD SHIPPENSBUR PA 17257
234-01 800519308 GAINES CLARA 10111 NORTH BROOKS STREET TAMPA FL 33604
234-01 800519407 KUHN WILLIAM J 20260 POWELL ROAD BROOKSVILLE FL 34609
234-01 800520025 DAWSON STERLING L 11450 1ST AVENUE PUNTA GORDA FL 33955
234-01 800521445 HUNTER BETTY J 2502 EAST 111TH ST CLEVELAND OH 44104
234-01 800521759 MAXIE OLA MAE 1010 PLAZA STREET CLEARWATER FL 33755
234-01 800523706 SMITH WENDY M 1400 N 6TH STREET READING PA 19601
234-01 800526022 ANDERSON CHARLIE 712 EAST 127TH AVENUE TAMPA FL 33612
234-01 800526949 VASQUEZ HUGO A 4901 STOLLS AVENUE TAMPA FL 33615
234-01 800527145 VON NORDECK GODFREY C 512 N BELNORD AVENUE BALTIMORE MD 21205
234-01 800527269 CHAPMAN FRANCES M 1538 GARDENIA AVENUE FORT MYERS FL 33916
234-01 800527822 CANNON MICHAEL E 1017 82 STREET TAMPA FL 33619
234-01 800528275 MCCORMICK MARIAN 3236 PRESCOTT STREET NORTH ST PETERSBU FL 33713
234-01 800528895 POWELL GREGORY L II 1522 MARLEY DRIVE COLUMBIA SC 29210
234-01 800529018 WOHLFARTH W GARY 110 HOLLISTER ROAD CORINTH NY 12822
234-01 800529646 POLINSKIE DONALD 62 OVERLOOK DRIVE MASTIC NY 11950
234-01 800529802 POWELL LAURA J 3185 BLISS ROAD ORANGE PARK FL 32065
234-01 800530628 ROBERTSON RICHARD H 34 VIRGINIA AVENUE HUNTINGTON NY 11743
234-01 800532798 PATIDES GEORGE 4415 SPRING LAKE COURT NEW PORT RI FL 34652
234-01 800532889 HAWKINS ROYAL 200 EDGEFIELD AVENUE LONGVIEW TX 75602
234-01 800533481 MCGRATH YOLA 2406 GUENTHER CT BALDWIN NY 11510
234-01 800533747 ACEVEDO SERRIO 538 N 12TH STREET READING PA 19602
234-01 800533978 SWAIN TERRY LEE 7623 MERIDALE DRIVE TALLAHASSEE FL 32311
234-01 800534331 MATTEO STEPHEN J 1111 BROWN STREET CHESTER PA 19013
234-01 800535122 JACKSON LAVENIA 7753 WYNDOT DENVER CO 80221
234-01 800535338 KAY JOHN P 5727 18TH AVENUE NORTH ST PETERSBU FL 33710
234-01 800535551 ROBERSON WILLIAM T 2530 PEYTON WOODS TRAIL ATLANTA GA 30311
234-01 800536047 CAIN LESLIE S 865 RAWLINS STREET ATLANTA GA 30312
234-01 800536500 DEMINT RICHARD 8301 56TH STREET NORTH PINELLAS PK FL 33781
234-01 800537078 VON NORDECK GODFREY C 223 NORTH PORT STREET BALTIMORE MD 21224
234-01 800538696 HIGH GEORGEANN J 296 JOHNSON ROAD BENTLEYVILL PA 15314
234-01 800539868 WILLIAMS HATCHIE 415 VALLEY RESCUE MISSION HAMILTON GA 30811
234-01 800541005 CODY DEBBIE 13437 TRITON DRIVE BROOKSVILLE FL 34609
234-01 800541690 HARTSOCH CHRISTOPHE M 11503 MARION STREET DENVER CO 80233
234-01 800541765 HODGES BOBBY RAY 209 EAST FOUTH AVENUE STILLMORE GA 30464
234-01 800541906 RANKIN LESONGA D 43 KNOWLES STREET PROVIDENCE RI 02906
234-01 800543076 BROWN RHUENETTE M 1137 SLOCUM STREET PHILADELPHI PA 19150
234-01 800543514 DEVITA MARGARET 770 SYCAMORE AVENUE BOHEMIA NY 11716
234-01 800543639 SMITH FLORA D 304 WALKER GRESHAM ROAD STEPHENS GA 30667
234-01 800546509 HUMPHREYS DIANNA 1774 SEAFAN CIRCLE N FT MYERS FL 33903
234-01 800547515 MATHIS PATRICIA 3008 STAR STREET TAMPA FL 33605
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800494247 80,250.00 80,161.34 01/23/98 12/23/27 357.76 03/23/98 75.0 9.990 703.66
800495376 92,000.00 91,862.89 12/28/97 11/28/12 176.94 03/28/98 80.0 8.900 733.64
800496010 38,000.00 38,000.00 01/23/98 12/23/27 357.76 03/23/98 80.0 10.400 344.76
800496762 58,200.00 58,118.88 02/07/98 01/07/28 358.26 03/07/98 88.1 11.400 571.91
800496770 128,000.00 127,762.60 01/24/98 12/24/12 177.80 03/24/98 80.0 11.300 1,248.08
800500480 44,960.00 44,840.03 02/06/98 01/06/13 178.22 03/06/98 76.2 10.750 503.98
800501421 121,550.00 121,436.46 01/18/98 12/18/12 177.60 03/18/98 85.0 11.250 1,180.57
800502569 220,500.00 220,257.35 01/12/98 12/12/12 177.40 03/12/98 90.0 10.150 1,959.53
800502775 34,000.00 33,795.30 12/17/97 11/17/12 176.58 02/17/98 47.8 10.100 367.45
800505695 175,000.00 174,622.90 02/16/98 01/16/28 358.55 03/16/98 41.1 9.400 1,458.74
800508715 50,800.00 50,800.00 02/28/98 01/28/13 178.95 02/28/98 80.0 11.500 503.07
800509887 24,000.00 23,919.54 01/23/98 12/23/27 357.76 03/23/98 80.2 10.400 217.74
800510083 60,000.00 59,521.13 02/01/98 01/01/13 178.00 04/01/98 74.5 9.000 608.56
800510430 70,000.00 69,953.84 01/24/98 12/24/27 357.80 02/24/98 78.6 8.900 558.21
800510562 144,500.00 142,701.76 01/23/98 12/23/27 357.76 04/23/98 85.0 11.700 1,453.06
800511008 57,000.00 57,000.00 03/09/98 02/09/28 359.34 03/09/98 35.6 9.500 479.29
800511495 89,600.00 89,553.65 02/07/98 01/07/28 358.26 03/07/98 80.0 10.500 819.61
800511529 138,750.00 138,289.72 02/09/98 01/09/13 178.32 03/09/98 75.0 10.250 1,512.31
800513228 133,560.00 133,560.00 02/01/98 01/01/28 358.00 03/01/98 90.0 9.850 1,157.31
800513749 16,500.00 16,311.79 01/16/98 12/16/07 117.53 03/16/98 34.3 10.000 218.05
800514796 56,000.00 56,000.00 02/22/98 01/22/28 358.75 02/22/98 80.0 10.400 508.07
800514903 88,200.00 88,023.12 02/26/98 01/26/13 178.88 03/26/98 90.0 9.900 942.41
800515736 160,100.00 159,981.35 02/06/98 01/06/28 358.22 03/06/98 82.5 12.500 1,708.68
800515884 72,000.00 71,900.38 01/24/98 12/24/27 357.80 03/24/98 90.0 9.300 594.94
800516932 50,000.00 49,792.03 02/14/98 01/14/18 238.49 03/14/98 88.4 9.900 479.20
800517393 105,000.00 104,766.76 01/23/98 12/23/12 177.76 03/23/98 79.5 10.250 940.91
800517401 106,100.00 106,100.00 03/01/98 02/01/13 179.00 03/01/98 84.9 11.500 1,050.70
800518342 72,000.00 61,921.71 02/05/98 01/05/18 238.19 03/05/98 79.1 12.500 818.02
800519308 41,600.00 41,600.00 01/23/98 12/23/27 357.76 02/23/98 80.0 12.750 452.06
800519407 65,600.00 65,529.12 02/20/98 01/20/28 358.68 03/20/98 80.0 11.800 664.69
800520025 68,000.00 68,000.00 01/22/98 12/22/12 177.73 02/22/98 80.0 11.500 673.40
800521445 36,000.00 36,000.00 02/21/98 01/21/28 358.72 03/21/98 75.0 11.500 356.50
800521759 44,100.00 44,086.29 02/06/98 01/06/28 358.22 03/06/98 90.0 9.750 378.89
800523706 33,915.00 33,878.32 02/26/98 01/26/28 358.88 03/26/98 85.0 11.400 333.27
800526022 49,300.00 49,244.35 02/12/98 01/12/28 358.42 03/12/98 85.0 9.300 407.37
800526949 76,000.00 75,747.92 02/05/98 01/05/13 178.19 03/05/98 80.0 9.750 805.12
800527145 42,800.00 42,729.10 02/16/98 01/16/28 358.55 03/16/98 80.0 10.150 380.35
800527269 44,000.00 44,000.00 02/28/98 01/28/28 358.95 02/28/98 80.0 9.300 363.57
800527822 46,400.00 46,320.71 02/20/98 01/20/13 178.68 03/20/98 80.0 9.150 474.77
800528275 28,800.00 28,728.64 02/14/98 01/14/13 178.49 03/14/98 80.0 12.250 350.29
800528895 28,900.00 28,900.00 02/06/98 01/06/18 238.22 03/06/98 85.0 10.150 281.77
800529018 76,000.00 75,941.79 02/22/98 01/22/13 178.75 03/22/98 80.0 11.500 752.62
800529646 60,000.00 60,000.00 02/12/98 01/12/28 358.42 03/12/98 75.0 10.000 526.54
800529802 52,000.00 52,000.00 02/20/98 01/20/28 358.68 02/20/98 74.2 10.300 467.91
800530628 37,000.00 36,886.25 03/02/98 02/02/18 239.11 04/02/98 29.6 9.650 348.52
800532798 33,600.00 33,597.49 02/12/98 01/12/28 358.42 03/12/98 80.0 12.250 352.09
800532889 20,000.00 20,000.00 03/01/98 02/01/28 359.00 03/01/98 80.0 13.000 221.24
800533481 43,500.00 43,500.00 02/20/98 01/20/13 178.68 03/20/98 23.9 9.850 376.93
800533747 44,000.00 43,961.43 01/24/98 12/24/27 357.80 03/24/98 84.7 9.800 379.64
800533978 42,000.00 41,995.39 02/05/98 01/05/28 358.19 03/05/98 63.6 9.300 347.05
800534331 27,000.00 26,841.77 02/01/98 01/01/13 178.00 04/01/98 75.0 11.000 306.88
800535122 73,125.00 73,125.00 03/01/98 02/01/13 179.00 03/01/98 75.0 10.850 688.11
800535338 29,000.00 28,934.68 02/05/98 01/05/13 178.19 03/05/98 34.9 9.000 294.14
800535551 100,000.00 100,000.00 02/06/98 01/06/13 178.22 03/06/98 80.0 13.400 1,137.55
800536047 68,000.00 68,000.00 02/08/98 01/08/28 358.29 03/08/98 85.0 11.650 681.19
800536500 12,000.00 12,000.00 03/01/98 02/01/28 359.00 03/01/98 24.0 9.050 96.99
800537078 42,800.00 42,729.10 02/16/98 01/16/28 358.55 03/16/98 80.0 10.150 380.35
800538696 112,200.00 112,200.00 03/03/98 02/03/28 359.15 03/03/98 85.0 10.350 1,013.78
800539868 20,250.00 20,217.13 02/05/98 01/05/18 238.19 03/05/98 38.2 10.650 204.22
800541005 57,800.00 57,800.00 02/14/98 01/14/28 358.49 03/14/98 85.0 9.500 486.01
800541690 104,550.00 104,550.00 03/01/98 02/01/28 359.00 03/01/98 85.0 11.350 1,023.40
800541765 32,000.00 31,931.40 02/28/98 01/28/13 178.95 03/28/98 80.0 12.600 396.49
800541906 48,000.00 47,933.68 01/26/98 12/26/12 177.86 03/26/98 80.0 10.650 444.47
800543076 53,394.00 53,394.00 02/12/98 01/12/13 178.42 03/12/98 80.9 12.750 580.23
800543514 164,700.00 164,325.96 03/01/98 02/01/13 179.00 04/01/98 90.0 10.800 1,543.64
800543639 60,000.00 60,000.00 02/12/98 01/12/28 358.42 03/12/98 80.0 12.600 645.01
800546509 93,500.00 93,500.00 02/16/98 01/16/13 178.55 03/16/98 85.0 12.250 979.78
800547515 44,000.00 44,000.00 03/01/98 02/01/18 239.00 03/01/98 80.0 11.850 479.88
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 3 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-01 800547846 SEGRETO MURIEL 5001 WINTERVILLE ROAD SPRING HILL FL 34608
234-01 800548919 BRYANT MARTHA 3110 MARKET STREET FT MYERS FL 33916
234-01 800549073 NHATAVONG PHONE 923 ANNIN STREET PHILADELPHI PA 19147
234-01 800549230 TOMMASINI MARIO B 4100 HILLTOP DRIVE PARMA OH 44134
234-01 800550303 RUSSO ROBERT J 20 SOUTH MASEM SQUARE E PATCHOGUE NY 11772
234-01 800550345 STANTON CHARLES R 11923 104TH LANE NORTH LARGO FL 33773
234-01 800551525 LAMEY PAULETTE M 230 37TH STREET SOUTH ST PETERSBU FL 33711
234-01 800551723 PERONIS RAHELA 1427 CASTLEWORKS LANE TARPON SPRI FL 34689
234-01 800551913 DELLAPORTA LOUIS A 5430 GODBOLD ROAD MICCOSUKEE FL 32309
234-01 800552556 LEWINSON VETA A 629 HAUDIE ANN ROAD BOOTHWYN PA 19061
234-01 800552788 WILLIAMS DOROTHY L 303 BRENTWOOD DRIVE DUDLEY NC 28333
234-01 800553257 CORYELL ROBIN 114 MODOC PLACE MANITOU SPR CO 80829
234-01 800554180 RICHARDSON JOHN L 416 STOWE AVENUE ASHEBORO NC 27203
234-01 800555104 TAYLOR JAMES 5838 LIBERTY CREEK EAST DR INDIANAPOLI IN 46254
234-01 800555278 FRESHWATER RICHARD A 1015 FUNDY ROAD VENICE FL 34293
234-01 800555328 WEASE CLAUDETTE D 1409 HAVERHILL DRIVE NEW PORT RI FL 34655
234-01 800555823 SAMOL DEBRA 6840 ST EDMUNDS LOOP FORT MYERS FL 33912
234-01 800558538 GREAIGE GEORGE L JR WOODLAND DRIVE CAIRO NY 12500
234-01 800560344 PENNINGTON CHARLES C 300 SOUTHEAST 29TH TERRACE CAPE CORAL FL 33904
234-01 800561409 STARCHER BARBARA 10610 AQUA VISTA LANE N FT MYERS FL 33917
234-01 800562977 IRIZARRY FLOR M 322 DEXTER DRIVE FORT MYERS FL 33905
234-01 800563041 SHAFFER GREGORY R 2036 ETTA BLVD BRUNSWICK OH 44212
234-01 800564718 SPERA GERALD AUGUST 3075 BUFFALO LANE HERNANDO FL 34442
234-01 800564882 LIGHT AMANDA 239 EAST 800 SOUTH SALT LK CTY UT 84111
234-01 800565335 LOVE JAISON 4731 FAIRFIELD AVE SOUTH ST PETERSBU FL 33711
234-01 800566309 KUHN JOHN R 120 SOUTHEAST 45TH TERRACE CAPE CORAL FL 33904
234-01 800569394 KARN DOUGLAS 483 38TH AVENUE NORTH ST PETERSBU FL 33704
234-01 800573586 BURKERT WILLIAM H 1609 16TH STREET NE CANTON OH 44705
234-01 800573784 DEAGUILA MARIA 55 BIRCHWOOD ROAD MONROE CT 06468
234-01 800573909 STEPHEN CURTIS EDWARD 626 SCHOLL AVENUE BETHLEHEM PA 18015
234-01 800576480 DOMENECH DAVID 46 GATLING PLACE BROOKLYN NY 11209
234-01 800576621 WAUGH DONNA P 7828 MICHENER STREET PHILADELPHI PA 19150
234-01 800576845 BOSCO THOMAS A 11264 73RD AVENUE NORTH SEMINOLE FL 33772
234-01 800582355 HILTZ DAVID 9254 SULLIVAN TRAIL TANNERSVILL PA 18372
234-01 800583890 UGENSKIS PAUL V 7800 BOCA CIEGA DRIVE ST PETERSBU FL 33706
234-01 800585085 MARSH ANITA A 4948 NORTHWEST 55TH STREET TAMAREC FL 33319
234-01 800586521 HUMMEL JANE LOUISE 1023 COTTON STREET READING PA 19602
234-01 800587214 LAGOMARSINI RICHARD 2294 PINEHURST DRIVE CLEARWATER FL 33763
234-01 800588782 JOHNSON CHRISTINE MARIE 1002 3RD AVENUE EAST BRADENTON FL 34208
234-01 800590887 AYRES SAMUEL R 199 PETERS CREEK ROAD PEACH BOTTO PA 17563
234-01 800593766 AMSDEN VINCE K 169 LAGOON ROAD WINTER HAVE FL 33884
234-01 800596397 HUNTER JOANN S 8008 BLANEY FRANKS ROAD APEX NC 27502
234-01 661554915 GORDON SALLY M 824 SOUTH MANHATTAN STREET INDIANAPOLI IN 46241
234-01 661560896 FORD KYLE D 29434 SOMERSET SOUTHFIELD MI 48076
234-01 661573766 MOORE EZELL JR 1644 1646 CLAIRMONT DETROIT MI 48227
234-01 661579235 FREIBERG ERIC S 618 S 113TH AVENUE OMAHA NE 68154
234-01 661584888 HAMPTON LEOLA 8453 SOUTH DAMEN CHICAGO IL 60620
234-01 661584896 CARDENAS HECTOR 1232 W RACE CHICAGO IL 60622
234-01 661585422 SAMEL KENNETH JAMES JR 214 MIDDLE DRIVE PRUDENVILLE MI 48651
234-01 661588806 SZYMKOWIAK JOHN F 1 S 721 AVON DRIVE WARRENVILLE IL 60555
234-01 661593939 PARENT GERARD 6015 GLOBE WESTLAND MI 48185
234-01 661595512 LEDERLE STEVEN M 324 EUCLID AVENUE PERU IN 46970
234-01 661596619 CARLTON ROBERT D 208 SOUTH TAYLOR AVENUE OAK PARK IL 60302
234-01 661597617 MILLER MARK L 334 PERRY STREET SANDUSKY OH 44870
234-01 661599985 OVERBAUGH BETTY L 104 ANNE DR CENTERVILLE GA 31028
234-01 661601013 ENGLISH WARREN A 4131 SEVENTH PLACE DES MOINES IA 50314
234-01 661602482 MALONE MARY E 459 SOUTH SYCAMORE STREET MARTINSVILL IN 46151
234-01 661604074 CURRY ALEXANDER 112 MEADOWVIEW CIRCLE MUNFORD AL 36268
234-01 661605899 NAYLOR HILTON 3538 EAST 138TH STREET CLEVELAND OH 44120
234-01 661608554 DOUGHTY CHARLES E III 95 ROLLING HILLS ROAD MANHASSET NY 11030
234-01 661609339 DAWSON JANICE A 508 CARTER ST SAYMOUR IN 47274
234-01 661610725 DAVIS ANGELA RENEE 1137 EAST AVE AKRON OH 44307
234-01 661613562 DE LA VEGA MARTHA 1542 SOUTH 60TH COURT CICERO IL 60804
234-01 661614552 CURRY HOWARD F 2390 KILLIAN ROAD AKRON OH 44312
234-01 661615864 MIKHAIL MESAA 10420 CORNING OAK PARK MI 48237
234-01 661616342 WILLIAMS BURKE A 1801 NORTH HOLMES INDIANAPOLI IN 46222
234-01 661619064 SANTORO NANCY BOX 277 ROUTE 5 BLUEFIELD WV 24701
234-01 661619353 HUMPHRIES CHARLES L 21272 MADA AVENUE SOUTHFIELD MI 48075
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800547846 65,600.00 65,492.32 02/16/98 01/16/28 358.55 03/16/98 80.0 9.500 551.60
800548919 20,000.00 20,000.00 02/26/98 01/26/13 178.88 02/26/98 38.4 9.900 213.70
800549073 54,900.00 54,900.00 02/14/98 01/14/28 358.49 02/14/98 90.0 10.650 508.36
800549230 108,000.00 107,937.92 02/07/98 01/07/28 358.26 03/07/98 90.0 9.800 931.85
800550303 124,000.00 124,000.00 03/03/98 02/03/13 179.15 03/03/98 80.0 10.990 1,179.94
800550345 45,600.00 45,559.67 02/15/98 01/15/28 358.52 03/15/98 80.0 9.150 371.84
800551525 54,000.00 54,000.00 02/20/98 01/20/28 358.68 03/20/98 90.0 9.750 463.94
800551723 12,500.00 12,484.34 02/12/98 01/12/18 238.42 03/12/98 16.0 9.500 116.52
800551913 100,000.00 100,000.00 03/03/98 02/03/28 359.15 03/03/98 52.6 11.000 952.32
800552556 86,500.00 86,356.16 02/14/98 01/14/13 178.49 03/14/98 64.0 10.350 781.57
800552788 51,000.00 51,000.00 03/04/98 02/04/28 359.18 03/04/98 85.0 10.650 472.25
800553257 80,000.00 80,000.00 03/01/98 02/01/28 359.00 03/01/98 80.0 13.250 900.62
800554180 45,000.00 45,000.00 02/28/98 01/28/13 178.95 02/28/98 90.0 10.800 505.83
800555104 95,000.00 95,000.00 02/21/98 01/21/13 178.72 02/21/98 79.1 13.000 1,050.89
800555278 69,600.00 69,600.00 03/03/98 02/03/13 179.15 03/03/98 80.0 12.250 729.34
800555328 53,200.00 53,031.51 02/20/98 01/20/28 358.68 03/20/98 31.2 9.300 439.59
800555823 92,000.00 92,000.00 02/13/98 01/13/28 358.45 02/13/98 79.3 11.500 911.07
800558538 55,000.00 54,836.00 03/02/98 02/02/28 359.11 04/02/98 52.3 9.750 472.53
800560344 76,500.00 76,500.00 03/02/98 02/02/18 239.11 03/02/98 85.0 11.350 807.93
800561409 51,000.00 51,000.00 02/26/98 01/26/28 358.88 02/26/98 85.0 9.800 440.04
800562977 49,120.00 49,003.68 02/16/98 01/16/28 358.55 03/16/98 80.0 11.750 495.82
800563041 93,000.00 93,000.00 03/04/98 02/04/13 179.18 03/04/98 84.5 8.800 734.95
800564718 23,000.00 23,000.00 02/26/98 01/26/08 118.88 02/26/98 67.6 9.750 300.77
800564882 24,000.00 24,000.00 03/01/98 02/01/28 359.00 03/01/98 15.4 10.250 215.06
800565335 52,000.00 52,000.00 03/01/98 02/01/28 359.00 03/01/98 80.0 13.250 585.40
800566309 52,000.00 52,000.00 03/01/98 02/01/18 239.00 03/01/98 80.0 11.500 554.54
800569394 44,795.00 44,759.15 02/21/98 01/21/13 178.72 03/21/98 85.0 10.600 413.11
800573586 56,700.00 56,700.00 03/03/98 02/03/28 359.15 03/03/98 90.0 9.250 466.46
800573784 150,300.00 150,300.00 03/04/98 02/04/28 359.18 03/04/98 90.0 9.400 1,252.85
800573909 86,275.00 86,275.00 02/26/98 01/26/18 238.88 02/26/98 85.0 9.350 795.76
800576480 210,574.00 210,574.00 03/02/98 02/02/13 179.11 03/02/98 80.9 12.600 2,263.72
800576621 51,000.00 51,000.00 02/26/98 01/26/28 358.88 02/26/98 85.0 11.250 495.34
800576845 91,500.00 90,975.00 03/01/98 02/01/13 179.00 04/01/98 75.0 9.350 759.39
800582355 168,800.00 168,800.00 02/23/98 01/23/13 178.78 03/23/98 80.0 9.850 1,462.66
800583890 48,750.00 48,750.00 03/01/98 02/01/28 359.00 03/01/98 44.3 8.990 391.90
800585085 52,500.00 52,500.00 03/09/98 02/09/28 359.34 03/09/98 72.9 9.850 454.92
800586521 20,927.00 20,927.00 02/28/98 01/28/28 358.95 02/28/98 69.9 9.850 181.33
800587214 78,200.00 78,049.40 03/01/98 02/01/13 179.00 04/01/98 85.0 9.990 685.68
800588782 60,000.00 60,000.00 03/10/98 02/10/13 179.38 03/10/98 80.0 10.350 542.13
800590887 92,625.00 92,625.00 03/04/98 02/04/18 239.18 03/04/98 75.0 9.990 893.24
800593766 72,000.00 72,000.00 03/01/98 02/01/13 179.00 03/01/98 80.0 12.000 740.60
800596397 97,750.00 97,750.00 03/04/98 02/04/28 359.18 03/04/98 85.0 9.850 847.01
661554915 43,400.00 43,099.73 10/12/97 09/12/17 234.41 03/12/98 70.0 10.500 433.30
661560896 161,500.00 161,500.00 02/01/98 01/01/13 178.00 03/01/98 85.0 12.300 1,698.60
661573766 15,600.00 15,600.00 02/01/98 01/01/13 178.00 03/01/98 60.0 12.900 171.35
661579235 85,000.00 85,000.00 01/24/98 12/24/27 357.80 02/24/98 85.0 10.200 758.53
661584888 30,000.00 29,967.80 12/01/97 11/01/27 356.00 03/01/98 34.4 10.250 268.83
661584896 79,000.00 79,000.00 12/24/97 11/24/27 356.81 02/24/98 71.8 11.650 791.38
661585422 19,000.00 18,933.73 01/01/98 12/01/17 237.00 04/01/98 59.3 14.625 244.94
661588806 138,000.00 137,899.33 12/21/97 11/21/27 356.71 03/21/98 84.1 10.600 1,272.67
661593939 55,000.00 54,730.72 02/01/98 01/01/28 358.00 03/01/98 71.4 10.650 509.29
661595512 49,300.00 49,231.64 12/25/97 11/25/27 356.84 03/25/98 85.0 10.050 434.47
661596619 25,000.00 24,927.78 02/07/98 01/07/13 178.26 03/07/98 14.0 9.530 261.51
661597617 44,800.00 44,661.18 02/16/98 01/16/18 238.55 03/16/98 80.0 13.400 537.68
661599985 24,000.00 23,929.18 02/26/98 01/26/18 238.88 03/26/98 50.0 10.900 246.09
661601013 57,300.00 57,272.06 01/16/98 12/16/17 237.53 03/16/98 74.9 11.650 617.00
661602482 54,000.00 53,957.79 02/07/98 01/07/28 358.26 03/07/98 87.0 11.050 516.30
661604074 52,500.00 52,427.82 02/19/98 01/19/18 238.65 03/19/98 78.9 13.150 620.70
661605899 52,000.00 52,000.00 02/13/98 01/13/28 358.45 03/13/98 80.0 12.600 559.01
661608554 38,000.00 38,000.00 02/01/98 01/01/13 178.00 03/01/98 10.5 11.525 444.52
661609339 35,700.00 35,700.00 02/21/98 01/21/28 358.72 02/21/98 66.1 9.550 301.49
661610725 17,200.00 17,101.61 02/01/98 01/01/13 178.00 04/01/98 64.9 13.000 217.63
661613562 55,000.00 55,000.00 02/01/98 01/01/13 178.00 03/01/98 42.3 9.850 586.00
661614552 143,600.00 143,397.65 02/21/98 01/21/28 358.72 03/21/98 84.9 9.300 1,186.57
661615864 25,000.00 24,213.53 02/01/98 01/01/28 358.00 03/01/98 65.7 10.750 233.37
661616342 40,000.00 39,808.72 01/23/98 12/23/12 177.76 03/23/98 80.0 9.550 337.80
661619064 20,000.00 19,990.01 02/13/98 01/13/28 358.45 03/13/98 19.1 10.750 186.70
661619353 76,500.00 76,500.00 03/01/98 02/01/28 359.00 03/01/98 79.9 13.250 861.22
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 4 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-01 661619551 MCKENZIE EDWARD L 1328 SPRING STREET MUSKEGON MI 49442
234-01 661619882 GHRIST FRANK R 2453 FABER HAMTRAMCK MI 48212
234-01 661620161 PRATER LAURA E 33 N SYCAMORE REDKEY IN 47373
234-01 661621888 WILSON THOMAS R SR 1162 LINDA LANE LAKE CITY MI 49651
234-01 661621938 SMITH PAUL C 35345 DAVISON DRIVE STERLING HT MI 48310
234-01 661622043 TOFFEN GERALD R 21739 PARKLANE FARMINGTON MI 48024
234-01 661622076 GREGG DAVID A 2611 LAKE GEORGE ROAD METAMORA MI 48455
234-01 661622472 WISE JOHN E 602 N VANDALIA BRAZIL IN 47834
234-01 661622498 LANE LORI 6718 PECOS DRIVE CINCINNATI OH 45244
234-01 661622845 JOHNSON WILLIAM E 2903 NORTH MACPHEARSON INDIANAPOLI IN 46205
234-01 661623850 BRAND ARTHUR 4149 N MONITOR AVENUE CHICAGO IL 60634
234-01 661623868 ENDRESZL CHARLES R JR 33161 PIERCE GARDEN CITY MI 48135
234-01 661624254 FRIERSON CYNTHIA 1502 HEATHER HILL CRESCENT FLOSSMOOR IL 60422
234-01 661624650 WEBB GEORGE H 3700 MONTICELLO BLVD CLEVELAND H OH 44121
234-01 661625160 VOIGT DONALD G 703 BOLTON WAY HANOVER PAR IL 60103
234-01 661626150 CANNON ELVIE 339 WEST CREIGHTON FORT WAYNE IN 46835
234-01 661626572 ELEFRITZ CARL 18 EAST ANCHOR RIVER ROUGE MI 48218
234-01 661627513 SCHYCKER TERRANCE A 807 GREENWOOD RD GLENVIEW IL 60025
234-01 661628230 NUSSBAUM NEAL R 5691 E GOLDEN HILLS ROAD MONTICELLO IN 47960
234-01 661630152 JOHNSON-MCGA MARY E 4443 RALSTON AVENUE INDIANAPOLI IN 46205
---------------------------------------------------
223 Sale Total
234-02 680022050 SNELL REATHA 38 STEVENS AVE JERSEY CITY NJ 07305
234-02 680072329 HAAS JOHN E 335 S 14TH ST HARRISBURG PA 17104
234-02 680131216 ROLLE KELLY PRICE 15 WESTBROOK LN ROOSEVELT NY 11575
234-02 680147170 VILLAFANE ADA I 332 CARPENTER ST READING PA 19602
234-02 800178238 JONES ENID 11215 204TH ST HOLLIS NY 11412
234-02 800288342 CORMIER FRANK 96 WATERSIDE AVENUE NORTHPORT NY 11768
234-02 800338956 SMITH WILLIAM C 247 NORTH MAIN STREET MANAHAWKIN NJ 08050
234-02 800391872 WARE MARGIE 1632 DYRE STREET PHILADELPHI PA 19124
234-02 800395931 LAMBERT TERRY D 115 E COMMERCIAL STREET DAYTON WA 99328
234-02 800397887 LIPANI ANNA 21 AUBURN STREET W BABYLON NY 11704
234-02 800403180 BROWN MANNING JR 406 BREWER AVENUE HARTSVILLE SC 29550
234-02 800414146 WARREN RONALD V 107 RIDGE RUNNER DRIVE GOLDSBORO NC 27530
234-02 800419673 BENSON DEBRA A 4197 SOUTH GRANT STREET ENGLEWOOD CO 80110
234-02 800425795 RISSEEUW ISAAC M 51475 SOUTHWEST HEBO ROAD GRAND RONDE OR 97347
234-02 800427742 RAMOS RENATO C 163 NINTH STREET PISCATAWAY NJ 08854
234-02 800440307 JAMISON JOHN A 210 FRONT STREET YORK PA 17405
234-02 800449050 LEUPPIE ROBERT E 31 HAWLEY STREET BUFFALO NY 14213
234-02 800461253 BOUGE CATHY M 8611 176TH AVENUE SW ROCHESTER WA 98579
234-02 800463903 SCHUMANN WALTER C JR 450 MOLLIE LANE MARSHALL TX 75670
234-02 800468225 ERCUL ALEXANDER P JR 703 MINNEQUA AVENUE PUEBLO CO 81004
234-02 800471955 TOWNSEND WILLIAM H JR 3102 PALM ABILENE TX 79602
234-02 800477127 TOWNSEND WILLIAM H JR 1201 SOUTH CROCKETT DRIVE ABILENE TX 79605
234-02 800482556 RANDOLPH DELRINE 246 SPRING VALLEY ROAD DARBY PA 19023
234-02 800494122 JUDAH GAIL 2715 6TH STREET WEST BRADENTON FL 34205
234-02 800495368 BIRCH JOHN R II 4275 BIRCH STREET NE ST PETERSBU FL 33703
234-02 800496168 HILL JOHNNY J 301 CLINTON AVENUE ELYRIA OH 44035
234-02 800497174 EDWARDS JOHN D 60 GREER LANE ROCKY MOUNT VA 24151
234-02 800499089 ALLEN WILLIAM 809 HIGHWAY 71 SOUTH MARIANNA FL 32448
234-02 800502437 GELB EDWARD P 265 ACKERMAN STREET CENTRAL ISL NY 11722
234-02 800503427 BLACKBURN THELMA LOUISE RTE 3 BOX 5390 HAVANA FL 32333
234-02 800507519 CAWTHON JEFFREY S 1604 MARKET STREET ASHLAND PA 17921
234-02 800511461 CRUM CHARLES R 9014 108TH AVENUE NORTH LARGO FL 33777
234-02 800517484 THOMAS FRED 436 20TH AVENUE SCRANTON PA 18504
234-02 800518235 AKPACA BERNARD 754 FAIRMONT STREET NW WASHINGTON DC 20001
234-02 800518888 GARCIA SALVADOR 453 TULPEHOCKEN STREET READING PA 19601
234-02 800521635 CROSBY NETTIE C 173 MAIN STREET RIDGEVILLE SC 29472
234-02 800523342 CONLEY GLORIA ANN 39622 BAY AVENUE ZEPHYRHILLS FL 33540
234-02 800524910 RITHAMEL TERRY L 14250 QUINCY STREET HOLLAND MI 47424
234-02 800527426 PAUQUETTE HENRY JR 119 GRANT AVENUE QUEENSBURY NY 12804
234-02 800529539 COLVARD BEVERLY 22 EAST HILL STREET JEANESVILLE PA 18201
234-02 800530750 KRISTON MARK A 7754 STEWART ROAD MASURY OH 44438
234-02 800532269 RODRIQUEZ LYDIA R 1611 LINDEN LOOP POCONO SUMM PA 18346
234-02 800538720 MILLER ROBERT C 256 STATE ROAD BRANCHDALE PA 17923
234-02 800541104 TORRES MICHAEL A 1799 RADISSON ST NORTHWEST PALM BAY FL 32907
234-02 800541757 NEWELL LATRICE 9110 11TH AVENUE JACKSONVILL FL 32208
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661619551 28,000.00 27,930.25 02/19/98 01/19/28 358.65 03/19/98 80.0 10.150 248.83
661619882 31,500.00 31,500.00 03/01/98 02/01/28 359.00 03/01/98 75.0 9.950 275.28
661620161 22,400.00 22,349.36 02/27/98 01/27/18 238.92 03/27/98 70.0 9.900 214.68
661621888 23,600.00 23,541.94 02/01/98 01/01/18 238.00 03/01/98 80.0 13.800 290.05
661621938 150,700.00 150,700.00 02/15/98 01/15/13 178.52 03/15/98 89.9 10.800 1,412.42
661622043 153,300.00 152,988.68 03/01/98 02/01/13 179.00 04/01/98 70.0 10.000 1,345.32
661622076 67,500.00 67,500.00 03/01/98 02/01/13 179.00 03/01/98 36.4 10.650 625.04
661622472 21,000.00 20,965.76 02/23/98 01/23/13 178.78 03/23/98 75.0 12.900 264.32
661622498 76,500.00 76,500.00 02/05/98 01/05/28 358.19 02/05/98 85.0 9.800 660.06
661622845 26,200.00 26,152.24 02/26/98 01/26/13 178.88 03/26/98 74.8 10.600 291.24
661623850 145,600.00 145,539.89 02/23/98 01/23/28 358.78 03/23/98 84.6 8.920 1,163.16
661623868 66,400.00 66,372.91 02/01/98 01/01/13 178.00 03/01/98 84.9 12.300 698.37
661624254 215,400.00 215,400.00 03/01/98 02/01/18 239.00 03/01/98 84.9 8.800 1,910.39
661624650 30,000.00 29,888.82 02/28/98 01/28/18 238.95 03/28/98 34.4 9.450 278.66
661625160 84,000.00 84,000.00 02/28/98 01/28/28 358.95 02/28/98 80.0 13.400 955.54
661626150 34,400.00 34,400.00 03/01/98 02/01/13 179.00 03/01/98 80.0 9.900 367.56
661626572 19,800.00 19,684.73 03/01/98 02/01/28 359.00 04/01/98 90.0 10.800 185.58
661627513 93,200.00 93,200.00 03/01/98 02/01/28 359.00 03/01/98 56.4 10.450 849.06
661628230 78,700.00 78,502.58 03/01/98 02/01/18 239.00 04/01/98 74.9 10.400 780.45
661630152 40,000.00 39,887.58 03/01/98 02/01/13 179.00 04/01/98 80.0 12.600 430.01
----------------------------- -------- ------------------------------
15,579,697.00 15,543,317.54 268.33 77.7 10.842 150,675.55
680022050 64,500.00 64,469.98 01/26/97 12/26/11 165.86 02/26/98 75.0 12.950 710.98
680072329 22,000.00 21,893.92 03/05/97 02/05/12 167.21 03/05/98 70.9 10.750 205.37
680131216 137,600.00 137,314.38 03/14/97 02/14/27 347.51 02/14/98 80.9 12.850 1,506.01
680147170 25,600.00 25,417.71 04/25/97 03/25/12 168.79 02/25/98 80.0 10.050 225.60
800178238 83,200.00 83,184.95 06/01/97 05/01/12 170.00 03/01/98 64.0 12.650 897.65
800288342 95,200.00 94,932.06 10/26/97 09/26/27 354.87 02/26/98 80.0 11.100 913.81
800338956 99,500.00 99,009.92 10/17/97 09/17/12 174.58 03/17/98 76.5 10.550 913.89
800391872 24,800.00 24,798.11 01/19/98 12/19/27 357.63 03/19/98 80.0 12.750 269.50
800395931 46,400.00 46,400.00 12/01/97 11/01/27 356.00 03/01/98 80.0 12.600 498.81
800397887 105,200.00 105,200.00 11/16/97 10/16/12 175.53 02/16/98 80.3 12.900 1,155.50
800403180 40,000.00 40,000.00 03/01/98 02/01/28 359.00 03/01/98 89.8 10.650 370.39
800414146 82,450.00 82,446.54 01/10/98 12/10/27 357.34 03/10/98 85.0 13.000 912.06
800419673 104,800.00 104,800.00 12/01/97 11/01/27 356.00 03/01/98 81.8 11.500 1,037.83
800425795 100,000.00 99,253.77 01/01/98 12/01/12 177.00 04/01/98 57.1 10.250 896.10
800427742 120,000.00 120,000.00 01/01/98 12/01/27 357.00 03/01/98 80.0 10.850 1,129.21
800440307 24,375.00 23,851.47 01/09/98 12/09/07 117.30 03/09/98 65.0 11.300 339.92
800449050 44,200.00 44,028.52 02/28/98 01/28/28 358.95 03/28/98 85.0 11.500 437.71
800461253 58,035.00 57,952.72 02/01/98 01/01/28 358.00 04/01/98 73.0 9.800 500.74
800463903 20,650.00 20,555.56 02/01/98 01/01/13 178.00 04/01/98 70.0 12.150 249.83
800468225 81,000.00 80,834.25 01/01/98 12/01/12 177.00 04/01/98 90.0 11.050 774.44
800471955 28,000.00 27,987.08 01/01/98 12/01/27 357.00 03/01/98 70.0 10.500 256.13
800477127 25,200.00 25,188.39 01/01/98 12/01/27 357.00 03/01/98 70.0 10.500 230.51
800482556 39,100.00 39,061.24 01/11/98 12/11/27 357.37 03/11/98 82.6 10.800 366.46
800494122 37,600.00 37,600.00 01/17/98 12/17/27 357.57 02/17/98 80.0 13.250 423.29
800495368 60,540.00 60,540.00 01/19/98 12/19/27 357.63 03/19/98 80.0 11.500 599.52
800496168 37,500.00 37,500.00 03/09/98 02/09/13 179.34 03/09/98 75.0 9.650 394.99
800497174 92,700.00 92,700.00 03/17/98 02/17/13 179.61 03/17/98 90.0 10.125 822.08
800499089 33,600.00 33,600.00 03/19/98 02/19/28 359.67 03/19/98 80.0 12.750 365.13
800502437 86,400.00 86,400.00 03/20/98 02/20/18 239.70 03/20/98 80.0 9.500 805.36
800503427 110,400.00 110,400.00 03/10/98 02/10/18 239.38 03/10/98 80.0 12.000 1,215.60
800507519 12,750.00 12,750.00 03/10/98 02/10/13 179.38 03/10/98 85.0 11.400 148.13
800511461 65,700.00 65,669.71 01/23/98 12/23/27 357.76 03/23/98 90.0 10.500 600.98
800517484 112,500.00 112,341.34 03/02/98 02/02/28 359.11 05/02/98 89.7 9.900 978.96
800518235 128,700.00 128,700.00 01/23/98 12/23/27 357.76 02/23/98 90.0 10.650 1,191.73
800518888 17,000.00 17,000.00 02/28/98 01/28/13 178.95 02/28/98 79.0 9.750 180.09
800521635 63,600.00 63,512.98 02/05/98 01/05/13 178.19 03/05/98 80.0 9.400 660.29
800523342 73,800.00 73,800.00 03/23/98 02/23/18 239.80 03/23/98 90.0 9.800 702.43
800524910 44,000.00 43,935.60 02/22/98 01/22/28 358.75 04/22/98 56.7 9.500 369.98
800527426 108,000.00 107,872.58 02/06/98 01/06/28 358.22 04/06/98 90.0 11.950 1,106.75
800529539 17,600.00 17,315.41 01/23/98 12/23/17 237.76 04/23/98 80.0 12.300 197.49
800530750 28,800.00 28,709.38 02/05/98 01/05/13 178.19 03/05/98 80.0 9.550 301.61
800532269 44,000.00 44,000.00 03/17/98 02/17/13 179.61 03/17/98 80.0 12.500 469.59
800538720 60,000.00 60,000.00 03/18/98 02/18/28 359.64 03/18/98 80.0 12.600 645.01
800541104 93,000.00 93,000.00 03/18/98 02/18/28 359.64 03/18/98 69.9 10.850 875.14
800541757 41,600.00 41,599.11 02/12/98 01/12/28 358.42 03/12/98 65.0 12.990 459.85
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 5 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800542524 JAMETTE ANUAR 2960 56TH AVENUE NORTHEAST NAPLES FL 34120
234-02 800542565 SAULT SUZETTE 1705 TURTLEHILL ROAD ENTERPRISE FL 32725
234-02 800545659 ROBINSON GILBERT L 5668 LEBANON AVENUE PHILADELPHI PA 19131
234-02 800546483 HESTER JOHN DAVID 3062 WREN CIRCLE KENNESAW GA 30144
234-02 800547127 GEYER MARGARET A 3042 PULAWSKI WAY PITTSBURGH PA 15219
234-02 800548901 RAYNER SHIRLEY 2110 43RD STREET SOUTH ST PETERSBU FL 33701
234-02 800552747 CARTER DEBRA A 161 HWY 31 LONGS SC 29568
234-02 800552853 KASEM HANI 4752 WHITAKER AVENUE PHILADELPHI PA 19120
234-02 800554503 ADIGUN ALICE 77 NEW YORK AVENUE NW WASHINGTON DC 20001
234-02 800557647 SHARP TIMOTHY J 680 GRAY STREET SOUTH ST PETERSBU FL 33707
234-02 800559932 CONKLIN MIRANDA M 6034 16TH AVENUE NORTH ST PETERSBU FL 33710
234-02 800561987 PALANSKY GEORGE J 614 N JEFFERSON ALLETOWN PA 18102
234-02 800562431 MASTRY MARY JO 4926 CAMELLIA WAY SOUTH ST PETERSBU FL 33705
234-02 800563785 MILLS GLADYS 262 MC DUFF AVENUE SOUTH JACKSONVILL FL 32254
234-02 800564536 HUNT CAROL A 3565 EAST 114TH STREET CLEVELAND OH 44105
234-02 800566408 HASKELL JAMES C 4010 STRATFIELD DRIVE NEW PORT RI FL 34652
234-02 800566986 HUNTER WENDY 1660 3RD AVENUE SOUTHEAST ARCADIA FL 34266
234-02 800567588 BARANOWSKI ANNA 71 SYCAMORE STREET NATRONA HTS PA 15065
234-02 800569352 BREWTON ROBERT L RT 3 BOX 257 MULLINS SC 29574
234-02 800571093 HILLIARD MIRIAM 20 N 10TH STREET DARBY PA 19023
234-02 800572653 FOLEY JACK D 9521 EAST MYRA DRIVE TUCSON AZ 85730
234-02 800572901 FALCIANI ROBERT J 13 SHERIDAN DRIVE TOBYHANNA PA 18466
234-02 800573297 WILSON PEARLE MAE 4632 10TH AVENUE SOUTH ST PETERSBU FL 33711
234-02 800574238 KIRBY KELVIN E 2901 MISTWOOD FOREST DRIVE CHESTER VA 23831
234-02 800575037 DORIS MATTHEW EDWARD 5010 ABACA DRIVE FT PIERCE FL 34951
234-02 800576696 LAMISERE ANNE SOPHIE 1837 N CAPITOL STREET NE WASHINGTON DC 20002
234-02 800577645 BARNHART RICHARD 1303 ARBUCKLE CREEK ROAD SEBRING FL 33870
234-02 800578114 TERIS EVELYN 840 CROWN AVENUE BARTOW FL 33830
234-02 800581480 OWENS FELTON 1058 GREYTON ROAD CLEVELAND H OH 44112
234-02 800582165 BATTLE HELLEN E 1064 15TH AVENUE SOUTH ST PETERSBU FL 33705
234-02 800583726 ARTHUR GLADYS G 5444 70TH LANE NORTH ST PETERSBU FL 33709
234-02 800584971 BUCHANAN RAYMOND G 1215 SCOTT AVENUE LEHIGH ACRE FL 33972
234-02 800585861 BURKE THOMAS J 29 PINE RIDGE DRIVE WILKES BARR PA 18705
234-02 800586240 HARRIS SEAN 1716 MANOR AVENUE WEST CLEARWATER FL 33765
234-02 800586620 VON NORDECK GODFREY 2516 E FAYETTE STREET BALTIMORE MD 21224
234-02 800589350 PAUL STELLA 3322 GREAT NECK RD AMITYVILLE NY 11701
234-02 800591968 CLARK HOWARD M 325 SANTA BARBARA BLVD CAPE CORAL FL 33991
234-02 800592768 ALMOND KIMBERLY 104 ELMORE STREET MOUNT OLIVE NC 28365
234-02 800595035 EVANS LITTLE R 310 ROCKLEDGE ROAD FT MYERS FL 33905
234-02 800596595 SCHUMACHER LOLITA 1627 SAINT CATHERINE DR E DUNEDIN FL 34698
234-02 800597007 DOZIER HORACE 799 EDISON AVENUE LABELLE FL 33935
234-02 800599011 RIDLEY CARMA L 319 37TH STREET SOUTH ST PETERSBU FL 33711
234-02 800601700 BAILEY STANLEY T 2438 16TH AVENUE NORTH ST PETERSBU FL 33713
234-02 800606923 BANNASCH DIANA JOY 13345 ST ANDREWS WARREN MI 48089
234-02 800606980 CUNNINGHAM CALVIN 2139 TEDDINGTON DRIVE CHARLOTTE NC 28208
234-02 800613507 CLOUD LEAMON 11701 129TH AVENUE NORTH LARGO FL 33778
234-02 800615239 SWANSON JOANNE R 506 WEST BELMAR STREET LAKELAND FL 33803
234-02 800620593 HUBBARD ANTHONY J 1414 CRESCENT WALK DECATUR GA 30033
234-02 800620817 AJAYI VICTORIA 234 ADAMS STREET NE WASHINGTON DC 20002
234-02 800623456 MILLER RONALD H 7229 WEST GUM STREET CRYSTAL RIV FL 34428
234-02 800635468 MORALES ANA L 1056 CAROL ANDERSON DRIVE WINTER GARD FL 34787
234-02 800263725 DEMORIN MARIE J 34 E WILLIAMS AVENUE SPRING VALL NY 10977
234-02 800284994 ROBINSON CHRISTINE 299 MADISON STREET WILKES BARR PA 18702
234-02 800344475 WEDOW DAVID P 114 PERSHING DRIVE ROCHESTER NY 14609
234-02 800355612 WOODARD PAUL S RR 3 BOX 286 GILLETTE PA 16925
234-02 800396319 DEDEN OLIVER W 4233 SOUTH DECATUR STREET ENGLEWOOD CO 80110
234-02 800408361 SZEKER PAUL 1211 BROWN STREET PT PLEASANT NJ 08742
234-02 800410482 SCHAFF KENNETH C 2300 WOODARD RD ELMA NY 14059
234-02 800411183 BROWN CARLENE 426 LIBERTY STREET PENN YAN NY 14527
234-02 800413601 PARCHEN RAYMOND C 16 CYNTHIA RD PEEKSKILL NY 10566
234-02 800415622 WETHERELL CLARENCE PETER 21620 NORTHWEST 3RD PLACE PEMBROKE PI FL 33029
234-02 800416471 LIEN LAURIE A 29848 18TH AVENUE SOUTH FEDERAL WAY WA 98003
234-02 800421034 BOYER ANTHONY J 199 LINCOLN STREET HARRISBURG PA 17112
234-02 800423303 KUDDES SANDRA G 6478 SOUTH KENTUCKY DRIVE WEST JORDAN UT 84084
234-02 800425258 CARROLL ROSEMARY 140 NAVAJO DRIVE AUBURN PA 17922
234-02 800426991 FRANCIS HELEN 510 PACKER STREET PITTSTON PA 18641
234-02 800428617 CAPPS MARY T 227 OMEGA DRIVE LAWRENCEVIL GA 30044
234-02 800432379 KREISER DANIEL J 8 JURY STREET HIGHSPIRE PA 17034
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800542524 136,000.00 135,369.45 03/01/98 02/01/18 239.00 04/01/98 76.4 9.500 1,267.70
800542565 140,000.00 140,000.00 02/14/98 01/14/28 358.49 02/14/98 80.0 12.250 1,467.05
800545659 20,000.00 20,000.00 02/12/98 01/12/13 178.42 02/12/98 36.3 12.740 249.64
800546483 97,000.00 97,000.00 03/13/98 02/13/28 359.47 03/13/98 79.5 9.800 836.94
800547127 48,800.00 48,668.28 03/05/98 02/05/18 239.21 05/05/98 80.0 11.750 528.85
800548901 22,750.00 22,750.00 03/13/98 02/13/28 359.47 03/13/98 65.0 11.250 220.96
800552747 30,000.00 30,000.00 03/18/98 02/18/13 179.64 03/18/98 73.1 9.150 306.96
800552853 28,000.00 28,000.00 03/03/98 02/03/28 359.15 03/03/98 70.0 11.850 284.78
800554503 104,900.00 104,900.00 02/09/98 01/09/28 358.32 02/09/98 84.9 10.800 983.17
800557647 36,000.00 35,998.90 02/22/98 01/22/18 238.75 03/22/98 80.0 12.100 398.90
800559932 30,000.00 30,000.00 03/18/98 02/18/18 239.64 03/18/98 54.5 10.500 299.51
800561987 80,000.00 80,000.00 02/28/98 01/28/28 358.95 02/28/98 89.9 11.050 764.88
800562431 70,400.00 70,400.00 03/18/98 02/18/13 179.64 03/18/98 80.0 11.000 670.44
800563785 34,400.00 34,400.00 02/23/98 01/23/28 358.78 02/23/98 80.0 12.250 360.48
800564536 54,400.00 54,400.00 02/28/98 01/28/13 178.95 02/28/98 80.0 12.750 591.16
800566408 61,200.00 61,200.00 03/19/98 02/19/13 179.67 03/19/98 90.0 9.900 532.56
800566986 20,000.00 19,936.64 02/27/98 01/27/18 238.92 03/27/98 40.0 13.000 234.32
800567588 51,850.00 51,696.20 02/27/98 01/27/13 178.92 03/27/98 85.0 9.650 441.67
800569352 15,813.00 15,813.42 03/19/98 02/19/18 239.67 03/19/98 38.1 12.840 183.47
800571093 28,000.00 28,000.00 02/22/98 01/22/28 358.75 02/22/98 80.0 10.400 254.04
800572653 93,400.00 93,400.00 04/01/98 03/01/28 360.00 04/01/98 80.0 9.050 754.88
800572901 91,000.00 91,000.00 03/10/98 02/10/28 359.38 03/10/98 78.7 9.400 758.55
800573297 42,415.00 42,330.83 03/01/98 02/01/28 359.00 04/01/98 85.0 11.250 411.96
800574238 107,100.00 107,100.00 03/19/98 02/19/28 359.67 03/19/98 85.0 11.250 1,040.22
800575037 94,500.00 94,469.54 02/23/98 01/23/28 358.78 03/23/98 90.0 9.650 804.97
800576696 101,150.00 101,150.00 03/12/98 02/12/28 359.44 03/12/98 85.0 11.250 982.43
800577645 54,000.00 54,000.00 03/11/98 02/11/28 359.41 03/11/98 90.0 10.150 479.88
800578114 55,800.00 55,800.00 03/23/98 02/23/28 359.80 03/23/98 90.0 9.000 448.98
800581480 89,250.00 89,250.00 03/13/98 02/13/18 239.47 03/13/98 85.0 11.100 927.31
800582165 36,000.00 36,000.00 03/01/98 02/01/28 359.00 03/01/98 76.5 10.600 332.00
800583726 15,000.00 15,000.00 03/17/98 02/17/18 239.61 03/17/98 37.5 9.250 137.38
800584971 64,000.00 64,000.00 03/01/98 02/01/13 179.00 03/01/98 80.0 10.250 573.50
800585861 106,200.00 106,200.00 03/17/98 02/17/28 359.61 03/17/98 90.0 10.400 963.52
800586240 52,000.00 51,941.01 02/26/98 01/26/13 178.88 03/26/98 80.0 12.250 544.91
800586620 40,000.00 40,000.00 03/06/98 02/06/28 359.24 03/06/98 80.0 10.150 355.47
800589350 112,500.00 112,500.00 03/17/98 02/17/28 359.61 03/17/98 90.0 10.150 999.76
800591968 62,400.00 62,400.00 03/18/98 02/18/13 179.64 03/18/98 84.3 11.100 598.97
800592768 48,750.00 48,750.00 03/17/98 02/17/28 359.61 03/17/98 75.0 10.850 458.74
800595035 73,000.00 73,000.00 03/23/98 02/23/28 359.80 03/23/98 87.9 9.000 587.37
800596595 50,000.00 50,000.00 03/23/98 02/23/28 359.80 03/23/98 66.6 9.250 411.34
800597007 29,250.00 29,250.00 03/06/98 02/06/18 239.24 03/06/98 75.0 11.350 308.91
800599011 43,200.00 43,200.00 03/17/98 02/17/28 359.61 03/17/98 88.1 9.750 371.15
800601700 17,500.00 17,500.00 03/18/98 02/18/08 119.64 03/18/98 35.0 9.700 228.37
800606923 42,500.00 42,500.00 03/20/98 02/20/28 359.70 03/20/98 85.0 9.400 354.27
800606980 72,000.00 72,000.00 03/11/98 02/11/13 179.41 03/11/98 80.0 12.600 892.11
800613507 37,500.00 37,500.00 03/09/98 02/09/18 239.34 03/09/98 75.0 9.750 355.69
800615239 40,000.00 40,000.00 03/07/98 02/07/28 359.28 03/07/98 80.0 8.750 314.68
800620593 175,500.00 175,500.00 03/19/98 02/19/28 359.67 03/19/98 90.0 8.750 1,380.66
800620817 111,350.00 111,350.00 03/13/98 02/13/28 359.47 03/13/98 85.0 11.250 1,081.50
800623456 48,100.00 48,100.00 03/23/98 02/23/28 359.80 03/23/98 65.0 10.100 425.67
800635468 12,000.00 12,000.00 03/17/98 02/17/08 119.61 03/17/98 26.6 10.100 159.25
800263725 126,000.00 125,760.83 08/24/97 07/24/12 172.77 02/24/98 90.0 11.300 1,228.58
800284994 31,000.00 30,695.25 09/13/97 08/13/27 353.42 04/13/98 84.9 12.000 318.87
800344475 44,000.00 43,226.23 12/10/97 11/10/12 176.35 04/10/98 80.0 10.250 479.58
800355612 17,000.00 16,838.84 11/10/97 10/10/07 115.33 03/10/98 48.5 12.150 245.38
800396319 82,000.00 82,000.00 01/01/98 12/01/27 357.00 03/01/98 59.8 10.700 762.38
800408361 105,600.00 104,870.49 12/17/97 11/17/27 356.58 04/17/98 80.0 10.850 993.71
800410482 105,600.00 105,600.00 03/01/98 02/01/28 359.00 03/01/98 80.0 11.350 1,033.68
800411183 55,600.00 55,591.08 01/01/98 12/01/27 357.00 03/01/98 80.0 14.550 683.07
800413601 174,250.00 173,992.95 11/27/97 10/27/27 355.89 02/27/98 85.0 12.700 1,886.78
800415622 57,800.00 57,627.17 12/28/97 11/28/17 236.94 02/28/98 85.0 10.550 579.01
800416471 94,500.00 94,500.00 02/01/98 01/01/28 358.00 03/01/98 70.0 11.000 899.95
800421034 13,500.00 12,894.64 12/24/97 11/24/12 176.81 03/24/98 19.2 12.050 162.46
800423303 88,000.00 88,000.00 11/01/97 10/01/27 355.00 03/01/98 80.0 13.800 1,028.77
800425258 77,400.00 77,115.56 01/15/98 12/15/12 177.50 03/15/98 90.0 11.200 748.82
800426991 53,600.00 53,578.40 12/01/97 11/01/17 236.00 03/01/98 80.0 10.100 520.81
800428617 88,400.00 88,373.85 01/03/98 12/03/12 177.11 02/03/98 85.0 11.850 899.10
800432379 40,725.00 40,467.26 12/26/97 11/26/12 176.88 03/26/98 90.0 11.450 474.46
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 6 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800432619 BERTA MARK D 405 HAND STREET JESSUP PA 18434
234-02 800434516 PAGE RALPH S 223 RAILROAD STREET BLOOMSBURG PA 17815
234-02 800438640 GOODYEAR HAROLD L 405 C STREET HURLEY NM 88043
234-02 800439168 DESELL ROY J 10490 LAKE ROAD EASTON MD 21601
234-02 800444713 ARTHUR NORMAN R 4959 ROUTE 474 ASHVILLE NY 14710
234-02 800445587 BUCKINGHAM JEFFREY L 214 ROSEWOOD TERRACE CHEEKTOWAGA NY 14225
234-02 800446197 RESSEGUIE BONNIE A 1340 STAMBAUGH AVENUE SHARON PA 16146
234-02 800446544 BOECKEL PHILIP D 145 SI RODE LANE YORK HAVEN PA 17370
234-02 800449282 KISH STEPHEN J 2002 TAYLOR DRIVE U SAUCON TW PA 18034
234-02 800449399 COCCE ANNA MARIE 13 SURREY LANE OXFORD CT 06478
234-02 800454811 THOMAS DOLORES 175 FOREST HILL ROAD WEST ORANGE NJ 07052
234-02 800457780 WU GAI CHIN 121 NORTH RICHMOND AVENUE ATLANTIC CI NJ 08401
234-02 800462079 WADDY DEXTER 4065 DRISTOL AVENUE SPRING HILL FL 34609
234-02 800462392 CRISCI PETER V 9 RANDOLPH AVENUE WATERBURY CT 06710
234-02 800462939 GOODWIN JOHN 2524 ARTHUR STREET HOLLYWOOD FL 33020
234-02 800466088 WILLIAMS KENNETH C 241 CHESTNUT STREET FLEMING PA 16835
234-02 800468035 LAWSON RONALD E 321 N DARLINGTON STREET W CHESTER PA 19380
234-02 800468506 BRZEZINSKI THOMAS J 829 ELM AVENUE WEST SENECA NY 14224
234-02 800468795 EMSTRUM TERRY L 1503 6TH STREET BOISE ID 83702
234-02 800468985 SAMPSON JUDITH A 42 BURNSIDE AVENUE BRADFORD PA 16701
234-02 800469215 CLARK GREENE MYRTLE 1416 CORAL RIDGE DRIVE PUNTA GORDA FL 33950
234-02 800471906 HARDY DONALD H 10 NORTH 2ND STREET PERKASIE PA 18944
234-02 800472128 HEIDENREICH PAUL RICHARD 1317 RICKARD DRIVE KNOXVILLE TN 37912
234-02 800473191 DOKTER BRIAN K 1936 CORNELIUS AVENUE SE GRAND RAPID MI 49506
234-02 800475683 BANKS-JONES ANGELA 23 SAINT ANDREWS DRIVE BRENTWOOD NY 11717
234-02 800477606 JOHNSON ANTOINE 210 NORTH BELNORD AVENUE BALTIMORE MD 21224
234-02 800478265 WASSINK DEANE 14828 BARRY STREET HOLLAND MI 49424
234-02 800479081 SALINAS HECTOR R 901 PIRTLE AVENUE PIRTLEVILLE AZ 85626
234-02 800480741 WHITE LEVY 122 43RD STREET COPIAGUE NY 11726
234-02 800481467 HIGDON GREGORY M 245 WEST CANYON STREET RANDOLPH UT 84064
234-02 800482150 HORAN TIMOTHY J 5 SOUTH MAIN STREET ESSEX CT 06426
234-02 800482564 PENICK NORMAN 308 GLENDALE DRIVE S BOSTON VA 24592
234-02 800482960 PIROLLI MICHAEL J 3633 SALINA ROAD PHILADELPHI PA 19154
234-02 800483091 SIMMONS SARIETTA MAE 13 NORTH KOSSUTH STREET BALTIMORE MD 21229
234-02 800483679 WHITTAKER JACK A 3305 GLOUSTER ROAD TOBYHANNA PA 18466
234-02 800485674 WERDEHAUSEN WILLIAM 425 NEW YORK DRIVE FT MYERS FL 33905
234-02 800486417 STATON ELAINE G 223 SOUTH 51ST STREET PHILADELPHI PA 19139
234-02 800486540 STATON LONNIE J 5228 NORTH BROAD STREET PHILADELPHI PA 19141
234-02 800486698 REED EDITH 110-52 207TH STREET QUEENS VILL NY 11429
234-02 800487415 WOODALL GLENN T 196 WD MOORE DRIVE DAWSONVILLE GA 30534
234-02 800488983 DOUGHER RONALD 188 W PARKER STREET SCRANTON PA 18508
234-02 800489320 HOPE GLENNIE M 62 ROSE LANE NEW CASTLE DE 19720
234-02 800490518 PHELPS THERESA V 1409 BLACKSTONE AVENUE HOPEWELL VA 23860
234-02 800491623 WILSON CHERYL L 4748 N WEST TOWNLINE ROAD MARCELLUS NY 13108
234-02 800494056 IRELAND ALBERT M 2709 BUTLER STREET HARRISBURG PA 17103
234-02 800495186 TREPCZYK KLAUS G 5757 LUTHER MILES LANE MARION MD 21838
234-02 800495509 GONZALEZ LINDA MARIE 3518 MARION STREET DENVER CO 80205
234-02 800495566 SUTTON DONALD WATERBURY HILL ROAD LAGRANGEVIL NY 12540
234-02 800497042 MINNINGER DAVID C 419 BEACON STREET BIRDSBORO PA 19508
234-02 800497570 TORRES GEORGE L 55 GARNER AVENUE BUFFALO NY 14213
234-02 800498289 THOMAS MARY S 547 KNAPP STREET NE GRAND RAPID MI 49505
234-02 800498586 BENEDETTO DOMINICK 22 CALICOTREE LANE CORAM NY 11727
234-02 800499758 SULLIVAN MELISSA 8536 COUNTRY ROAD 640 BUSHNELL FL 33513
234-02 800501165 ILIOI DOREL 356 SPRING STREET READING PA 19601
234-02 800501850 LYCANS WILLIAM F 10890 WEST PALMETTO STREET HOMOSASSA FL 34448
234-02 800503179 BRATHWAITE DARRELL 123 PEAR STREET BRENTWOOD NY 11717
234-02 800503211 BUTTS GEORGE 31 EAST WALNUT LANE PHILADELPHI PA 19144
234-02 800503674 MOKRAY ARTHUR 19 ONTEORA ROAD VERNON NJ 07422
234-02 800504516 WHITE RONALD D 2332 SUNSHINE RD SW ALBUQUERQUE NM 87105
234-02 800504664 OWENS JEFFREY WINSLOW 3515 MARYVALE ROAD BALTIMORE MD 21224
234-02 800506024 ZELINSKY JOSEPH F 512 ISABELLA AVENUE N CHARLEROI PA 15022
234-02 800506057 LOPEZ GERALDO 365 N 5TH STREET LEBANON PA 17046
234-02 800506156 GORDNER COLLEEN B RR 1 BOX 358-C MILLVILLE PA 17846
234-02 800506214 BARRICK VINCENT E RR 3 BOX 147 NEWPORT PA 17074
234-02 800507170 ROBERTS LESTER D 552 EAST 1500 SOUTH VERNAL UT 84078
234-02 800508400 MCKEITHAN ROBERTA 209 WARREN STREET UNIONDALE NY 11553
234-02 800509655 WORKMAN PAUL 5457 TIMUQUANA ROAD JACKSONVILL FL 32210
234-02 800509788 BOSTON JAMES S 516 MCNAIR STREET WASHINGTON NC 27889
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800432619 75,000.00 74,963.50 01/22/98 12/22/27 357.73 02/22/98 68.1 9.550 633.38
800434516 69,750.00 69,674.60 12/25/97 11/25/17 236.84 02/25/98 90.0 11.500 743.84
800438640 55,800.00 55,800.00 02/05/98 01/05/18 238.19 02/05/98 90.0 11.600 598.92
800439168 171,250.00 170,615.48 12/01/97 11/01/27 356.00 04/01/98 50.0 9.750 1,471.30
800444713 48,900.00 48,734.62 01/22/98 12/22/27 357.73 03/22/98 70.8 12.000 502.99
800445587 61,500.00 61,500.00 01/01/98 12/01/12 177.00 03/01/98 57.7 11.450 606.68
800446197 18,750.00 18,750.00 02/05/98 01/05/13 178.19 03/05/98 70.7 13.000 207.41
800446544 15,000.00 14,778.71 12/25/97 11/25/07 116.84 03/25/98 13.5 9.650 195.34
800449282 120,000.00 119,395.24 01/15/98 12/15/17 237.50 03/15/98 80.0 10.990 1,237.81
800449399 80,000.00 80,000.00 02/05/98 01/05/28 358.19 02/05/98 38.0 9.800 690.26
800454811 126,000.00 125,882.84 12/26/97 11/26/12 176.88 02/26/98 75.0 9.550 1,064.08
800457780 46,750.00 46,726.21 01/03/98 12/03/12 177.11 03/03/98 85.0 12.550 500.76
800462079 60,000.00 59,165.62 12/26/97 11/26/12 176.88 03/26/98 80.0 12.100 723.97
800462392 157,500.00 157,249.94 02/05/98 01/05/13 178.19 03/05/98 90.0 11.550 1,844.91
800462939 49,000.00 49,000.00 01/02/98 12/02/27 357.07 03/02/98 63.6 9.990 429.65
800466088 30,750.00 30,720.64 12/25/97 11/25/12 176.84 02/25/98 75.0 11.200 353.38
800468035 80,750.00 80,713.12 02/05/98 01/05/13 178.19 03/05/98 85.0 11.400 793.50
800468506 58,500.00 58,500.00 03/01/98 02/01/28 359.00 03/01/98 90.0 11.600 583.79
800468795 78,400.00 78,400.00 03/01/98 02/01/13 179.00 03/01/98 80.0 10.600 723.02
800468985 25,600.00 25,587.00 01/17/98 12/17/12 177.57 03/17/98 80.0 11.200 247.68
800469215 23,250.00 23,108.00 12/26/97 11/26/12 176.88 03/26/98 75.0 11.200 267.19
800471906 121,500.00 120,250.02 01/08/98 12/08/27 357.27 04/08/98 90.0 9.700 1,039.42
800472128 26,000.00 25,813.07 01/02/98 12/02/07 117.07 03/02/98 54.1 13.990 403.54
800473191 81,000.00 81,000.00 01/22/98 12/22/27 357.73 02/22/98 90.0 11.400 795.96
800475683 72,000.00 71,860.40 12/26/97 11/26/12 176.88 03/26/98 80.0 10.050 634.51
800477606 33,750.00 33,520.60 01/12/98 12/12/12 177.40 03/12/98 75.0 11.600 336.80
800478265 91,500.00 91,465.51 02/16/98 01/16/18 238.55 03/16/98 57.1 12.650 1,049.26
800479081 66,000.00 65,981.32 01/17/98 12/17/27 357.57 02/17/98 60.0 12.050 681.43
800480741 106,250.00 106,250.00 02/16/98 01/16/13 178.55 02/16/98 85.0 12.300 1,117.50
800481467 25,000.00 25,000.00 03/01/98 02/01/28 359.00 03/01/98 62.5 11.250 242.82
800482150 122,900.00 122,386.13 01/04/98 12/04/12 177.14 04/04/98 74.9 11.000 1,170.40
800482564 20,000.00 20,000.00 03/17/98 02/17/28 359.61 03/17/98 80.0 11.150 192.73
800482960 65,000.00 64,249.70 12/24/97 11/24/12 176.81 03/24/98 79.2 12.650 701.29
800483091 60,000.00 59,982.25 12/25/97 11/25/12 176.84 02/25/98 75.0 11.850 610.25
800483679 80,000.00 79,960.35 02/05/98 01/05/13 178.19 03/05/98 87.9 10.800 749.79
800485674 42,000.00 42,000.00 01/05/98 12/05/27 357.17 03/05/98 70.0 11.450 414.33
800486417 40,000.00 39,984.96 01/11/98 12/11/27 357.37 03/11/98 68.9 12.050 412.98
800486540 51,000.00 50,980.81 01/11/98 12/11/27 357.37 03/11/98 68.9 12.050 526.56
800486698 63,000.00 63,000.00 02/12/98 01/12/28 358.42 03/12/98 38.1 11.250 611.89
800487415 94,000.00 94,000.00 02/14/98 01/14/28 358.49 02/14/98 69.1 12.400 995.93
800488983 26,000.00 25,934.92 02/01/98 01/01/28 358.00 04/01/98 65.0 9.650 221.47
800489320 44,200.00 44,181.86 01/04/98 12/04/12 177.14 03/04/98 85.0 10.350 399.37
800490518 66,400.00 66,387.34 01/04/98 12/04/12 177.14 02/04/98 80.0 13.800 776.26
800491623 40,000.00 39,590.92 12/26/97 11/26/12 176.88 03/26/98 50.0 10.450 440.92
800494056 74,700.00 74,602.72 01/16/98 12/16/17 237.53 03/16/98 90.0 9.850 713.46
800495186 165,000.00 164,821.70 01/09/98 12/09/12 177.30 03/09/98 68.7 11.990 1,695.94
800495509 44,800.00 44,799.30 02/01/98 01/01/13 178.00 03/01/98 70.0 10.100 484.17
800495566 204,000.00 203,533.76 03/01/98 02/01/13 179.00 04/01/98 80.0 10.950 1,935.04
800497042 74,700.00 74,700.00 02/01/98 01/01/13 178.00 03/01/98 90.0 10.800 700.12
800497570 20,000.00 19,720.10 02/01/98 01/01/28 358.00 05/01/98 50.0 10.950 189.71
800498289 66,200.00 66,126.69 02/20/98 01/20/28 358.68 03/20/98 77.8 9.900 576.07
800498586 59,500.00 59,500.00 03/06/98 02/06/28 359.24 03/06/98 51.2 10.250 533.18
800499758 20,000.00 19,934.68 01/12/98 12/12/07 117.40 03/12/98 80.0 13.000 298.62
800501165 21,500.00 21,460.71 01/17/98 12/17/17 237.57 03/17/98 33.0 11.050 222.66
800501850 21,675.00 21,613.25 01/24/98 12/24/17 237.80 03/24/98 85.0 12.700 249.32
800503179 110,565.00 110,487.05 01/23/98 12/23/12 177.76 02/23/98 90.0 11.200 1,069.68
800503211 64,700.00 64,700.00 01/22/98 12/22/12 177.73 02/22/98 80.8 14.150 774.30
800503674 67,500.00 67,216.67 01/09/98 12/09/12 177.30 03/09/98 77.5 10.450 744.06
800504516 35,000.00 35,000.00 03/01/98 02/01/28 359.00 03/01/98 33.9 12.990 386.90
800504664 74,100.00 73,618.34 01/23/98 12/23/12 177.76 03/23/98 65.0 14.390 1,006.31
800506024 36,115.00 36,011.23 02/20/98 01/20/13 178.68 03/20/98 85.9 11.400 419.60
800506057 63,250.00 63,250.00 03/11/98 02/11/13 179.41 03/11/98 82.1 11.400 621.54
800506156 70,200.00 70,200.00 02/06/98 01/06/13 178.22 03/06/98 90.0 10.950 665.89
800506214 63,750.00 63,635.51 01/23/98 12/23/17 237.76 03/23/98 85.0 10.350 630.06
800507170 62,100.00 62,100.00 03/01/98 02/01/28 359.00 03/01/98 83.9 13.300 701.54
800508400 123,000.00 123,000.00 02/09/98 01/09/13 178.32 03/09/98 74.5 12.000 1,265.19
800509655 44,250.00 44,250.00 02/26/98 01/26/13 178.88 02/26/98 75.0 10.250 482.30
800509788 12,400.00 12,353.03 02/01/98 01/01/28 358.00 03/01/98 22.9 10.850 116.68
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 7 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800511198 LEE CAROLYN 8313 18TH STREET TAMPA FL 33604
234-02 800511263 WYATT CHRISTOPHE 545 HAMMOCK DRIVE PALM HARBOR FL 34684
234-02 800512345 COFFIE CLOVER JR 1501 NORTHWEST AVENUE F BELLE GLADE FL 33430
234-02 800512675 STOLTZ JOYCE E 625 POPLAR STREET LANCASTER PA 17603
234-02 800512907 DIAZ DAVID 9 NORWOOD AVENUE SUMMIT NJ 07901
234-02 800512964 LOGAN MARY G 2410 EFFINGHAM HWY EFFINGHAM SC 29541
234-02 800513756 BOYD NANCY 1540 NORTH COLUMBIA PLACE DECATUR GA 30030
234-02 800514200 ZIMBLER SUSAN 1 DIANE COURT SMITHTOWN NY 11787
234-02 800514887 JACKSON DAVID 904 FORRESTER AVENUE DARBY PA 19023
234-02 800515157 BOOTHE STEVEN W 1669 NORTH MILTON AVENUE BALTIMORE MD 21213
234-02 800515355 GAVALDON ALBERT 617 BARD STREET BAYARD NM 88023
234-02 800516189 QUEEN BRUCE WAYNE SR 3640 OUTVILLE ROAD GRANVILLE OH 43023
234-02 800518391 CANGIALOSI ROBERT W 214 MADISON AVENUE BRENTWOOD NY 11717
234-02 800519084 SOFTLY CHARLES RAY 814 TAMERISK DRIVE LANCASTER TX 75134
234-02 800519209 BURRY ROBERT E 111 HESS BLVD LANCASTER PA 17601
234-02 800519803 WILLIAMS TOMMIE 949 21ST STREET SOUTH ST PETERSBU FL 33712
234-02 800519936 BOOTHE STEVEN W 43 SOUTH PULASKI STREET BALTIMORE MD 21223
234-02 800519977 BOOTHE STEVEN W 314 N FRANKLINTOWN ROAD BALTIMORE MD 21215
234-02 800520389 VULGAMORE JENNIFER 7 JARED STREET CRAWFORDVIL FL 32327
234-02 800520975 MCMORRIS MABEL D 5805 HAZEL AVENUE PHILADELPHI PA 19143
234-02 800521437 CHANDLER SUSAN L 4144 NEBO ROAD HIRAM GA 30141
234-02 800522153 SALAZAR ELVIA 605 CLAYTON CIRCLE WINTER HAVE FL 33880
234-02 800523391 KIMBLE RUTH 4249 GLADNEY DRIVE DORAVILLE GA 30340
234-02 800524001 JOHNSON LESSIE 26011 WILLOW STREET BROOKSVILLE FL 34601
234-02 800525073 BOGDAN ANDREW M 3236 EAST BALTIMORE STREET BALTIMORE MD 21224
234-02 800525859 SOKOLOWSKI JOHN G 22 TEMPLE STREET PORTVILLE NY 14870
234-02 800527244 BOLTZ JUDITH A RD 1 BOX 228 FREDERICKSB PA 17026
234-02 800527772 BELLMAN FRANK D. 9821 EL CAMINO REAL PORT RICHEY FL 34668
234-02 800528960 MCREYNOLDS JERMAINE A 13 WEST 20TH STREET WILMINGTON DE 19802
234-02 800529026 MCDONALD LINDA M 10607 26TH STREET NORTH TAMPA FL 33612
234-02 800531543 BERKEY ELIZABETH A 6013 TAMPA SHORES BLVD TAMPA FL 33615
234-02 800531873 SILVA ADVENTINO 5471 WEST 9TH AVENUE HIALEAH FL 33012
234-02 800532525 ORR AUDREY R 21 AVON STREET JOHNSON CIT NY 13790
234-02 800533200 BILLICK DONALD 216 SOUTH ELMHURST POINT LECANTO FL 34460
234-02 800533937 HEBERT-SMITH LYNN 3416 BETHAL ROAD WILMINGTON NC 28409
234-02 800533945 COFFEE GLADYS T 610 WEST 20TH STREET JACKSONVILL FL 32204
234-02 800535007 SANDERS RUTHANN M 121 MORICHES AVENUE MASTIC NY 11950
234-02 800535114 SIERRA JOSE 46 BRUSHWOOD DRIVE SHIRLEY NY 11967
234-02 800535668 SAHLEEN MAVIS 823 12TH AVENUE SW ALBANY OR 97321
234-02 800536815 WARD PHILLIP MARLEY 459 STORMVILLE MOUNTAIN RD STORMVILLE NY 12582
234-02 800537128 JENKINS OZZIE 1431 BRADLEY AVENUE CAMDEN NJ 08103
234-02 800537151 JOHNSON MARVIN CURTIS 109 PRUITT STREET SUMMERVILLE SC 29483
234-02 800537607 MATTINA ANTHONY C 208 NORTH OCEAN AVENUE PATCHOGUE NY 11772
234-02 800538456 DIXON TARA S 2774 APPLEWOOD DRIVE CLEARWATER FL 34619
234-02 800540403 POWELL CHARLES T 2701 RION STREET GEORGETOWN SC 29440
234-02 800541013 GIBBS LINDA 406 WEST 23RD STREET WILMINGTON DE 19802
234-02 800544231 CARSON GENE L 3901 SOUTH CHEROKEE STREET ENGLEWOOD CO 80110
234-02 800545253 HOFFMAN JEANETTE M RD 1 BOX 428A NEW BLOOMFI PA 17068
234-02 800545402 SCHARTZ STEVEN A 2224 LANIER STREET LAKELAND FL 33801
234-02 800546269 BREEN GARY R 3335 BLOSSOM LANE WHEATFIELD NY 14120
234-02 800546285 RODRIGUEZ FROILAN JR 205 MADISON AVENUE BRENTWOOD NY 11717
234-02 800547549 DEAL MELVIN C 1490 STERLING STREET SOUTH MAPLEWOOD MN 55119
234-02 800547614 NAWROT IWONA S 728 N FRONT STREET READING PA 19601
234-02 800547895 ROMINE CARRIE 2212 NORTHEAST 23RD AVENUE CAPE CORAL FL 33909
234-02 800548356 HILL SHIRLEY R 15875 MYERS DRIVE FORT LOUDON PA 17224
234-02 800549537 PRATI RAYMOND A JR 1808 SOUTHEAST 10TH STREET CAPE CORAL FL 33990
234-02 800549768 PAYNE ZEB W 1017 E CLEMMONSVILLE ROAD WINSTON SAL NC 27107
234-02 800550311 ADRIANI ANTHONY R 2903 CEDARIDGE DRIVE TAMPA FL 33618
234-02 800550923 JARAMILLO ARTHUR ANTHONY 31728 STENZEL DRIVE CONIFER CO 80433
234-02 800551046 SPICER JOHN R 100 HILLENDALE ROAD BEL AIR MD 21014
234-02 800551947 BEACHUM PATRICIA E 5500 10TH STREET SOUTH ST PETERSBU FL 33705
234-02 800552119 OTT RICHARD 2028 ERMINE DRIVE TALLAHASSEE FL 32308
234-02 800554420 ADEBUSUYI CLEMENTS 1138 4TH STREET NE WASHINGTON DC 20002
234-02 800556169 RUIZ MARY O 612 PARK AVENUE FORT LUPTON CO 80621
234-02 800556359 BROWN WILLIAM A 2 RD BOX 228 PT ALLEGHEN PA 16743
234-02 800556490 MONTARTI JOSEPH G 218 EMERSON AVENUE PITTSBURGH PA 15215
234-02 800556706 MYERS PAUL D 125 BONNIE ROAD DALTON PA 18414
234-02 800557159 MATHEWS ALBERT L 1010 BROADWAY AVENUE LEHIGH ACRE FL 33972
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800511198 54,400.00 54,353.70 02/07/98 01/07/28 358.26 03/07/98 85.0 9.650 463.39
800511263 98,600.00 98,600.00 01/23/98 12/23/27 357.76 02/23/98 85.0 9.400 821.90
800512345 57,000.00 56,982.00 01/19/98 12/19/27 357.63 03/19/98 68.6 11.250 553.62
800512675 57,600.00 57,473.28 02/01/98 01/01/13 178.00 04/01/98 80.0 10.350 520.44
800512907 200,000.00 200,000.00 03/11/98 02/11/13 179.41 03/11/98 43.4 10.350 1,807.09
800512964 28,000.00 27,939.49 01/23/98 12/23/27 357.76 03/23/98 84.8 11.650 280.49
800513756 81,000.00 81,000.00 02/16/98 01/16/13 178.55 02/16/98 90.0 11.400 795.96
800514200 120,000.00 120,000.00 02/26/98 01/26/13 178.88 02/26/98 64.8 12.150 1,248.21
800514887 10,200.00 10,200.00 03/13/98 02/13/13 179.47 03/13/98 85.0 11.400 118.51
800515157 26,600.00 26,589.76 01/17/98 12/17/12 177.57 03/17/98 70.0 11.990 273.41
800515355 30,600.00 30,600.00 03/01/98 02/01/28 359.00 03/01/98 85.0 10.200 273.07
800516189 127,500.00 127,500.00 03/01/98 02/01/13 179.00 03/01/98 75.0 11.700 1,505.69
800518391 100,000.00 100,000.00 03/04/98 02/04/18 239.18 03/04/98 74.6 8.750 883.71
800519084 50,560.00 50,560.00 02/01/98 01/01/28 358.00 03/01/98 79.0 13.250 569.19
800519209 20,000.00 19,769.32 02/01/98 01/01/13 178.00 03/01/98 15.6 11.500 233.64
800519803 33,000.00 33,000.00 02/27/98 01/27/18 238.92 02/27/98 75.0 9.750 313.01
800519936 22,750.00 22,505.04 01/17/98 12/17/12 177.57 04/17/98 70.0 11.990 233.83
800519977 30,100.00 30,100.00 01/17/98 12/17/12 177.57 03/17/98 70.0 11.990 309.38
800520389 36,000.00 36,000.00 02/09/98 01/09/18 238.32 03/09/98 80.0 13.100 424.33
800520975 37,600.00 37,527.20 02/09/98 01/09/13 178.32 03/09/98 80.0 11.400 436.85
800521437 56,100.00 56,097.95 02/16/98 01/16/28 358.55 03/16/98 85.0 9.800 484.05
800522153 46,800.00 46,800.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.150 415.90
800523391 152,800.00 152,800.00 02/01/98 01/01/28 358.00 03/01/98 80.0 9.900 1,329.65
800524001 25,200.00 24,729.09 02/01/98 01/01/13 178.00 05/01/98 45.0 9.650 265.43
800525073 48,000.00 48,000.00 02/06/98 01/06/28 358.22 03/06/98 75.0 11.150 462.56
800525859 44,000.00 44,000.00 02/09/98 01/09/13 178.32 03/09/98 80.0 13.500 503.98
800527244 72,890.00 72,530.87 01/22/98 12/22/12 177.73 03/22/98 79.2 9.900 634.28
800527772 44,200.00 44,200.00 02/01/98 01/01/13 178.00 03/01/98 71.2 9.350 366.83
800528960 44,000.00 43,939.04 02/01/98 01/01/13 178.00 03/01/98 80.0 10.950 417.36
800529026 70,125.00 70,091.87 02/21/98 01/21/28 358.72 03/21/98 85.0 11.150 675.78
800531543 76,000.00 76,000.00 02/20/98 01/20/13 178.68 03/20/98 78.3 12.750 825.89
800531873 55,000.00 55,000.00 02/09/98 01/09/13 178.32 03/09/98 47.0 10.500 607.97
800532525 48,150.00 47,708.17 01/24/98 12/24/27 357.80 03/24/98 85.9 10.800 451.29
800533200 84,375.00 84,375.00 02/14/98 01/14/28 358.49 03/14/98 75.0 10.750 787.62
800533937 107,100.00 107,100.00 03/01/98 02/01/28 359.00 03/01/98 82.3 9.000 861.75
800533945 15,000.00 14,930.70 02/14/98 01/14/18 238.49 03/14/98 36.5 11.150 156.36
800535007 65,000.00 64,807.39 01/24/98 12/24/17 237.80 03/24/98 79.7 8.990 584.41
800535114 30,000.00 30,000.00 02/22/98 01/22/28 358.75 03/22/98 24.0 12.400 317.85
800535668 94,400.00 94,400.00 02/05/98 01/05/28 358.19 03/05/98 80.0 11.000 898.99
800536815 15,000.00 15,000.00 03/24/98 02/24/13 179.84 03/24/98 09.3 9.050 152.59
800537128 44,200.00 44,200.00 02/07/98 01/07/28 358.26 03/07/98 85.0 12.500 471.73
800537151 112,200.00 112,200.00 03/01/98 02/01/13 179.00 03/01/98 84.3 9.200 1,151.39
800537607 75,950.00 75,929.32 01/23/98 12/23/12 177.76 02/23/98 70.0 12.300 798.81
800538456 63,750.00 63,642.69 03/01/98 02/01/28 359.00 04/01/98 85.0 10.900 602.29
800540403 20,000.00 20,000.00 03/12/98 02/12/13 179.44 03/12/98 35.0 10.750 224.19
800541013 76,245.00 76,189.15 02/07/98 01/07/13 178.26 03/07/98 84.7 13.050 846.40
800544231 97,750.00 97,750.00 03/01/98 02/01/28 359.00 03/01/98 85.0 10.800 916.15
800545253 75,000.00 74,976.27 02/26/98 01/26/13 178.88 03/26/98 53.8 9.700 641.61
800545402 26,000.00 26,000.00 03/19/98 02/19/13 179.67 03/19/98 65.0 12.500 320.46
800546269 161,500.00 161,500.00 02/01/98 01/01/13 178.00 03/01/98 83.6 12.450 1,717.36
800546285 108,000.00 108,000.00 02/01/98 01/01/28 358.00 03/01/98 80.0 13.990 1,278.81
800547549 101,700.00 101,700.00 04/01/98 03/01/18 240.00 04/01/98 90.0 9.500 947.98
800547614 42,900.00 42,900.00 02/28/98 01/28/28 358.95 02/28/98 84.9 9.400 357.60
800547895 57,800.00 57,800.00 03/10/98 02/10/13 179.38 03/10/98 85.0 10.600 533.05
800548356 104,000.00 103,948.53 11/01/97 10/01/12 175.00 03/01/98 80.0 13.500 1,191.23
800549537 46,400.00 46,170.62 03/01/98 02/01/28 359.00 04/01/98 80.0 11.750 468.37
800549768 53,100.00 53,100.00 03/01/98 02/01/28 359.00 03/01/98 90.0 10.300 477.80
800550311 62,815.00 62,815.00 02/16/98 01/16/28 358.55 03/16/98 85.0 11.150 605.33
800550923 140,250.00 140,250.00 03/01/98 02/01/28 359.00 03/01/98 85.0 11.350 1,372.85
800551046 116,250.00 115,802.89 02/20/98 01/20/13 178.68 03/20/98 75.0 12.600 1,249.71
800551947 78,200.00 78,200.00 02/16/98 01/16/28 358.55 03/16/98 85.0 10.900 738.81
800552119 96,000.00 96,000.00 02/15/98 01/15/28 358.52 02/15/98 75.0 11.000 914.23
800554420 87,550.00 87,550.00 03/05/98 02/05/28 359.21 03/05/98 85.0 11.650 877.03
800556169 58,000.00 58,000.00 03/01/98 02/01/13 179.00 03/01/98 64.4 9.850 502.57
800556359 41,100.00 41,100.00 03/11/98 02/11/28 359.41 03/11/98 57.8 11.000 391.40
800556490 133,450.00 133,450.00 03/13/98 02/13/13 179.47 03/13/98 85.0 10.000 1,434.06
800556706 70,000.00 69,551.78 03/01/98 02/01/13 179.00 04/01/98 58.3 9.650 596.27
800557159 64,800.00 64,623.65 02/21/98 01/21/28 358.72 03/21/98 80.0 9.800 559.11
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 8 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800557811 BELL W FLOYD 1151 CAHABA DRIVE ATLANTA GA 30311
234-02 800558355 ANTONUCCI SHAWN MATTHEW 736 87TH AVENUE NORTH ST PETERSBU FL 33702
234-02 800558454 MUMAW JOHN R 4417 BELFORD ROAD FAYETTEVILL NC 28314
234-02 800559486 MONDRAGON ISIDRO REYES 7 NOTTINGHAM COURT READING PA 19601
234-02 800559817 GIVINES CHARLES 14716 MARKHAM DRIVE HARVEY IL 60426
234-02 800560138 MUSARRA MARK F 12784 SAMUEL DRIVE MANTUA OH 44255
234-02 800560385 HOLLIS ELOISE B 2477 SECOND STREET MACON GA 31206
234-02 800560609 WAGNER ORVILLE B 1521 9TH STREET ALTOONA PA 16601
234-02 800562233 LYNCH BERNARD J JR 424 PENN STREET CHESTER PA 19013
234-02 800562662 BUCHANAN CALVIN S 77 RORICK HOLLOW ROAD LOWMAN NY 14861
234-02 800562936 VAUGHN EVELYN R 101 NANCY STREET EASTMAN GA 31023
234-02 800563215 BLANK GEORGE 3 HOLLYCREST DRIVE BRICK TWP NJ 08723
234-02 800563579 SIPPEL CHRISTOPHE E 498 LINCOLN AVENUE RIDGEFIELD NJ 07657
234-02 800565095 ANDRUCCI RICHARD 1610 PENN AVENUE PITTSBURGH PA 15221
234-02 800565525 WERNER LILLIAN MEZES 109 BROOKLAWN TERRACE FAIRFIELD CT 06430
234-02 800565772 GUTIERREZ JAIME 5280 23RD PLACE SOUTHWEST NAPLES FL 34116
234-02 800566994 DEGROAT DANIEL JR 57 RIVER AVENUE CORNWALL NY 12518
234-02 800567034 GRAVELY VIRGINIA F 3551 NORTHEAST 22ND AVENUE OCALA FL 34479
234-02 800567893 HARRIS GEORGE 4908 82ND STREET SOUTH TAMPA FL 33619
234-02 800567935 FOSTER DONALD L 250 ALBERTA DR WOODRUFF SC 29388
234-02 800568172 HARRIS BOB R JR 4 7TH STREET CLAYSVILLE PA 15323
234-02 800568636 MCALEAVEY KEVIN J 12 GRAY LANE VOORHEESVIL NY 12186
234-02 800569253 FOXWORTHY JOAN J 431 18TH AVENUE NORTH INDIAN ROCK FL 33785
234-02 800569311 RAHIM ROGER ABDUL 9418 ANDERSON AVENUE CLEVELAND OH 44105
234-02 800570137 RESTANO JOSEPH S 120 WILLETT DRIVE VERONA PA 15147
234-02 800570202 UNDERWOOD ROSALYN 701 STONEBRIDGE PARK CIRCL LITHONIA GA 30058
234-02 800570244 LAWSHE DOROTHY M 38439 PINE AVENUE DADE CITY FL 33526
234-02 800570301 PIAZZA CHRISTOPHE 24 COBBLE LANE LEVITTOWN NY 11756
234-02 800570541 VIGNINI ROBERT A 20 NOTT PLACE NEWBURGH NY 12550
234-02 800572562 SESLER FRANKLIN LEE III 7200 SOUTH SHERMAN STREET LITTLETON CO 80122
234-02 800574386 GUERRIERO ALYCE LYNN 4 CRESTVIEW TERRACE CONVENT STA NJ 07960
234-02 800576878 SAENGPHAXAY PHISAY 2720 27TH AVENUE NORTH ST PETERSBU FL 33713
234-02 800576928 HARRIS BOB R JR 102 DONEGAL AVENUE CLAYSVILLE PA 15323
234-02 800577132 HENNESSEY PAUL 3814 BROADWAY ALLENTOWN PA 18104
234-02 800577447 LE LUNG CHI 12721 116TH LANE NORTH LARGO FL 33778
234-02 800579476 EHIOSU DORIS 5526 9TH STREET NW WASHINGTON DC 20011
234-02 800580466 TASSILLO RAYMOND LEE 1836 PINE CONE WAY LARGO FL 33771
234-02 800580524 SCHAAF DON C 2152 DANBY ROAD WILLSEYVILL NY 13864
234-02 800580763 LONG DOVIE DIANNE 513 WALNUT STREET AUBURNDALE FL 33823
234-02 800582553 EVANS JAMES 13 NORTH MELBOURNE STREET BEVERLY HIL FL 34465
234-02 800583841 ARGENTO FRANCESCA 2794 WEST ELGIN PLACE CITRUS SPRI FL 34434
234-02 800588063 TURMAN SYLVIA ANN 14509 3RD AVENUE EL MIRAGE AZ 85335
234-02 800588436 HUGHES RICHARD 2821 24TH AVENUE NORTHEAST NAPLES FL 34120
234-02 800588451 BRAMWELL PERCIVAL A JR 736 WILLIAMS AVENUE BROOKLYN NY 11207
234-02 800588667 DORSEY BENJAMIN L 8090 WOODEN DRIVE SPRING HILL FL 34606
234-02 800589996 HITES JOHN WILLIAM 10496 117TH DRIVE NORTH LARGO FL 33773
234-02 800590085 VAZZANO FRANK II 361 FUNSTON AVENUE BRIDGEPORT CT 06601
234-02 800590960 LALLY WILLIAM F JR 35 WEST SHORE DRIVE VALATIE NY 12184
234-02 800591224 HEATH PEARL 2222 20TH AVENUE SOUTH ST PETERSBU FL 33712
234-02 800592693 RICHARDSON KIMBERLY P 808 CAMERON DRIVE KINSTON NC 28501
234-02 800593808 WALKER-SLATE PAULETTE C 8309 NATCHEZ STREET TAMPA FL 33637
234-02 800594459 DOZIER HORACE 934 EDISON AVENUE LABELLE FL 33935
234-02 800596058 SCOTT FRED C 4907 N 33RD ROAD ARLINGTON VA 22207
234-02 800596835 FARRAR JONATHAN 2630 HITCHCOCK DRIVE DURHAM NC 27705
234-02 800596983 DOZIER HORACE 999 EDISON AVENUE LABELLE FL 33935
234-02 800597296 FABER HELEN RD 1 BOX 168 FORD CITY PA 16226
234-02 800598021 NORTH THERESA A 13215 OAK STREET ODESSA FL 33556
234-02 800598047 NORTH THERESA A 13214 OAK STREET ODESSA FL 33556
234-02 800598773 KANTHAK EMIL A SR 707 GLENWOOD PORT HURON MI 48060
234-02 800599599 GORD0N DANIEL 392 OAKWOOD ROAD HUNTINGTON NY 11746
234-02 800599821 THIBAULT GEORGE J 45 CADILLAC AVENUE CRANSTON RI 02910
234-02 800601809 NASCO FRANK L 929 INGLESIDE AVENUE JACKSONVILL FL 32205
234-02 800603938 EDMONDSON WILLIAM J 4130 PALM DRIVE PUNTA GORDA FL 33950
234-02 800604316 HENDERSON LARRY 2622 WEST LAFAYETTE AVENUE BALTIMORE MD 21216
234-02 800605339 BEATTIE STEVEN F 8400 EAST FRANCIS RD OTISVILLE MI 48463
234-02 800607459 DAVIS DONALD A 6814 WAYSIDE COURT TAMPA FL 33634
234-02 800611345 MARSHALL WILLIAM A 16507 191ST AVENUE EAST SUMNER WA 98390
234-02 800611444 LUCKY CAB 134 07 FOCH BOULEVARD S OZONE PK NY 11420
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800557811 10,000.00 10,000.00 02/22/98 01/22/13 178.75 02/22/98 14.9 9.650 105.33
800558355 44,910.00 44,910.00 03/12/98 02/12/28 359.44 03/12/98 90.0 9.500 377.63
800558454 69,600.00 69,526.71 02/28/98 01/28/18 238.95 03/28/98 80.0 12.800 805.52
800559486 33,745.00 33,745.00 03/17/98 02/17/28 359.61 03/17/98 85.0 11.650 338.04
800559817 67,100.00 67,100.00 03/01/98 02/01/28 359.00 03/01/98 84.9 11.650 672.18
800560138 68,000.00 68,000.00 03/09/98 02/09/13 179.34 03/09/98 76.4 9.850 589.22
800560385 37,366.00 37,366.00 03/11/98 02/11/13 179.41 03/11/98 85.8 12.000 384.35
800560609 18,400.00 18,313.20 02/26/98 01/26/13 178.88 03/26/98 80.0 9.900 196.60
800562233 24,750.00 24,750.00 03/06/98 02/06/13 179.24 03/06/98 75.0 11.000 235.70
800562662 44,700.00 44,700.00 02/01/98 01/01/28 358.00 03/01/98 85.9 10.750 417.27
800562936 46,000.00 46,000.00 03/04/98 02/04/28 359.18 03/04/98 85.1 9.000 370.13
800563215 55,000.00 55,000.00 03/11/98 02/11/28 359.41 03/11/98 52.3 10.600 507.22
800563579 35,000.00 35,000.00 03/19/98 02/19/13 179.67 03/19/98 18.1 9.950 305.86
800565095 64,000.00 64,000.00 03/09/98 02/09/13 179.34 03/09/98 80.0 11.850 761.94
800565525 80,000.00 80,000.00 03/23/98 02/23/13 179.80 03/23/98 48.4 9.550 675.60
800565772 66,215.00 66,215.00 03/13/98 02/13/28 359.47 03/13/98 85.0 10.850 623.09
800566994 45,000.00 45,000.00 02/20/98 01/20/13 178.68 03/20/98 50.0 13.890 529.28
800567034 37,000.00 36,920.00 02/27/98 01/27/28 358.92 03/27/98 62.7 9.500 311.12
800567893 52,200.00 52,200.00 03/06/98 02/06/18 239.24 03/06/98 90.0 9.500 486.57
800567935 88,650.00 88,650.00 03/19/98 02/19/28 359.67 03/19/98 90.0 10.150 787.81
800568172 32,000.00 31,994.06 02/23/98 01/23/28 358.78 03/23/98 80.0 10.950 303.54
800568636 148,750.00 148,729.80 02/23/98 01/23/13 178.78 03/23/98 85.0 11.500 1,473.06
800569253 104,000.00 104,000.00 03/01/98 02/01/28 359.00 03/01/98 59.4 11.000 990.42
800569311 33,000.00 33,000.00 04/01/98 03/01/13 180.00 04/01/98 75.0 10.000 289.60
800570137 98,600.00 98,600.00 03/23/98 02/23/18 239.80 03/23/98 74.9 9.100 893.48
800570202 83,960.00 83,960.00 02/26/98 01/26/28 358.88 02/26/98 80.0 11.150 809.10
800570244 32,000.00 31,932.09 03/02/98 02/02/28 359.11 04/02/98 74.4 8.900 255.18
800570301 123,500.00 123,232.30 02/26/98 01/26/13 178.88 03/26/98 79.6 13.100 1,375.82
800570541 79,200.00 79,173.55 02/01/98 01/01/13 178.00 03/01/98 79.5 11.300 772.25
800572562 55,200.00 55,200.00 04/01/98 03/01/28 360.00 04/01/98 40.0 10.850 519.44
800574386 175,000.00 173,725.92 12/01/97 11/01/12 176.00 04/01/98 45.4 11.300 1,706.36
800576878 29,920.00 29,920.00 03/03/98 02/03/13 179.15 03/03/98 80.0 9.100 242.90
800576928 99,000.00 99,000.00 03/01/98 02/01/28 359.00 03/01/98 90.0 9.750 850.56
800577132 81,900.00 81,900.00 03/17/98 02/17/28 359.61 03/17/98 90.0 10.650 758.37
800577447 34,500.00 34,500.00 03/03/98 02/03/13 179.15 03/03/98 75.0 9.000 349.92
800579476 115,150.00 115,150.00 03/02/98 02/02/28 359.11 03/02/98 84.9 9.400 959.85
800580466 73,600.00 73,600.00 03/06/98 02/06/13 179.24 03/06/98 80.0 12.350 776.94
800580524 90,000.00 89,053.41 02/01/98 01/01/13 178.00 03/01/98 55.5 12.300 946.59
800580763 55,900.00 55,900.00 03/02/98 02/02/28 359.11 03/02/98 65.0 12.340 589.67
800582553 32,000.00 32,000.00 03/11/98 02/11/28 359.41 03/11/98 80.0 9.150 260.94
800583841 51,000.00 51,000.00 03/18/98 02/18/28 359.64 03/18/98 75.0 10.100 451.33
800588063 33,200.00 33,200.00 03/01/98 02/01/13 179.00 03/01/98 50.5 10.850 312.41
800588436 53,000.00 53,000.00 03/17/98 02/17/13 179.61 03/17/98 40.4 9.200 543.88
800588451 65,000.00 65,000.00 03/04/98 02/04/28 359.18 03/04/98 59.0 10.350 587.30
800588667 72,250.00 72,250.00 03/18/98 02/18/28 359.64 03/18/98 84.0 10.850 679.88
800589996 45,600.00 45,600.00 03/01/98 02/01/18 239.00 03/01/98 80.0 10.850 466.03
800590085 64,500.00 64,500.00 03/05/98 02/05/28 359.21 03/05/98 75.0 12.000 663.46
800590960 96,800.00 96,800.00 03/05/98 02/05/13 179.21 03/05/98 80.0 9.850 838.78
800591224 46,750.00 46,750.00 03/11/98 02/11/28 359.41 03/11/98 85.0 11.850 475.49
800592693 69,300.00 69,300.00 03/04/98 02/04/28 359.18 03/04/98 90.0 10.450 631.33
800593808 63,750.00 63,750.00 03/01/98 02/01/13 179.00 03/01/98 79.6 11.850 648.39
800594459 34,000.00 34,000.00 03/11/98 02/11/28 359.41 03/11/98 85.0 11.600 339.30
800596058 82,000.00 82,000.00 03/12/98 02/12/28 359.44 03/12/98 51.2 9.850 710.54
800596835 63,120.00 63,120.00 03/01/98 02/01/28 359.00 03/01/98 80.0 9.900 549.26
800596983 28,500.00 28,500.00 03/06/98 02/06/18 239.24 03/06/98 75.0 11.350 300.99
800597296 34,000.00 34,000.00 03/20/98 02/20/13 179.70 03/20/98 77.2 11.100 326.36
800598021 31,200.00 31,200.00 03/11/98 02/11/13 179.41 03/11/98 65.0 11.350 305.41
800598047 36,800.00 36,800.00 03/11/98 02/11/28 359.41 03/11/98 80.0 12.600 395.61
800598773 46,400.00 46,400.00 03/10/98 02/10/28 359.38 03/10/98 80.0 12.600 498.81
800599599 35,000.00 35,000.00 03/19/98 02/19/28 359.67 03/19/98 22.5 9.250 287.94
800599821 78,300.00 78,300.00 03/06/98 02/06/13 179.24 03/06/98 90.0 10.400 710.39
800601809 52,000.00 52,000.00 03/17/98 02/17/28 359.61 03/17/98 80.0 8.750 409.08
800603938 115,000.00 115,000.00 03/17/98 02/17/28 359.61 03/17/98 76.1 9.700 983.81
800604316 44,495.00 44,495.00 03/11/98 02/11/13 179.41 03/11/98 80.9 12.600 551.31
800605339 85,500.00 85,500.00 03/17/98 02/17/28 359.61 03/17/98 90.0 10.650 791.71
800607459 80,000.00 80,000.00 03/11/98 02/11/28 359.41 03/11/98 69.5 10.100 707.98
800611345 135,000.00 135,000.00 04/01/98 03/01/28 360.00 04/01/98 72.3 9.100 1,095.97
800611444 144,000.00 144,000.00 03/18/98 02/18/28 359.64 03/18/98 87.2 9.300 1,189.87
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 9 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800615007 JOHNSON THOMAS E 1017 ALABAMA AVENUE CLEWISTON FL 33440
234-02 800615148 PATANE SAMUEL 3604 MONTEBELLO DRIVE CO SPRINGS CO 80918
234-02 800615163 SCOTT RUTH E 3529 68TH STREET NORTH ST PETERSBU FL 33710
234-02 800619108 HORTON LARRY D JR 198 ELMWOOD AVENUE ROOSEVELT NY 11575
234-02 800620205 INABINET ALLISON B 480 STARLING DR ORANGEBURG SC 29115
234-02 800621542 NELSON DANNY 8542 BERNDALE HOUSTON TX 77029
234-02 800622516 FERRONE PETER M 742 MERRICK LANE PT CHARLOTT FL 33948
234-02 800625303 JONES DAPHNE DENISE 1119 ARCH STREET TAMPA FL 33607
234-02 800651234 DAUGHERTY VIOLA 561 PLATTE AVE EAST CO SPRINGS CO 80907
234-02 680018330 COTICELLI CIRO 20 HOLLAND MOUNTAIN ROAD JEFFERSON NJ 07438
234-02 800454944 SAMPSON MONICA 222-20 114TH ROAD CAMBRIA HTS NY 11411
234-02 800480261 PETRILLI WILLIAM A 47663 PURPURA ROAD REDWOOD NY 13679
234-02 800484529 POLEON FELIX 836 EAST 219TH STREET BRONX NY 10467
234-02 800488819 MOORE ROBERT 4931 FLORENCE AVENUE PHILADELPHI PA 19143
234-02 800500852 POLLARD BENN ADAM 6785 SEVEN RIVERS DRIVE CRYSTAL RIV FL 34429
234-02 800506149 WILLIAMS JAMES 317 WASHINGTON STREET ALIQUIPPA PA 15001
234-02 800515405 DESIMONE JOSEPH A JR 54 ST JOHN STREET MONTICELLO NY 12701
234-02 800517344 BRIGGS ROBERT LEE 4108 LYONS STREET TEMPLE HILL MD 20748
234-02 800533952 FOLKMAN JOHN A 436 SOUTH WEST END AVENUE LANCASTER PA 17603
234-02 800535700 NEWCOMB DONNA M 177 HERITAGE CIRCLE EAST FALMOUTH MA 02540
234-02 800539181 WOLFE KEITH D 107 RAILROAD STREET CRESSONA PA 17929
234-02 800544744 PARENTE MANUEL 160 FRANKLIN STREET MASSAPEQUA NY 11762
234-02 800550790 BUCKWAY RICHARD D 2149 MADISON AVENUE OGDEN UT 84401
234-02 800554198 RICHARDSON PAMELA A 803 DOUGLAS STREET LEESBURG FL 34748
234-02 800554750 BUCHER ROBERT L JR 5120 CIRCLE DRIVE HARRISBURG PA 17112
234-02 800555690 DUNN MINNA 700 CLOCKS BOULEVARD E MASSAPEQU NY 11758
234-02 800566234 BLANKENSHIP CRAIG H 116 MCVICKERS ROAD MIDDLEBURG FL 32068
234-02 800569162 COLVARD BEVERLY J 79 WEST MAIN STREET MILNESVILLE PA 18239
234-02 800570145 SEIDEL TODD 1900 EASTON AVENUE BETHLEHEM PA 18017
234-02 800576662 ROGERS ORVAL E JR 509 SOUTH 7TH STREET W TERRE HAU IN 47885
234-02 800578700 LOVELACE LEROY JR 770 WATERS DR ATLANTA GA 30310
234-02 800580276 ALDRICH JOAN F 351 EAST MEEHAN AVENUE PHILADELPHI PA 19119
234-02 800586729 PORTER NICKOLE 2051 MORRIS STREET PHILADELPHI PA 19145
234-02 800589780 ALLEN JOHN JOSEPH 5426 WIDGEON DRIVE WILMINGTON NC 28403
234-02 800595274 CALLOWAY CAROLYN DEVON 2327 TOWLES STREET FT MYERS FL 33916
234-02 800600132 BLOOM BRUCE 165 NORTH WASHINGTON AVE CENTEREACH NY 11720
234-02 800608432 HARWELL KATHERINE 39 JOHN PAUL COURT BUFFALO NY 14206
234-02 800609448 ZELLNER DAWN W 53 HAROLD HILL FORSYTH GA 31029
234-02 800609810 TATUM ALBERTA 151 U STREET NE WASHINGTON DC 20002
234-02 800610339 WHITE COREY 171-32 107TH STREET JAMAICA NY 11433
234-02 800610651 AVERILL ERNEST E 3311 SEMINOLE AVENUE FORT MYERS FL 33916
234-02 800613820 MCBRIDE NORMAN GENE RR 8 BOX 1080 (SCRUB PINE) GILMER TX 75644
234-02 800650350 JACOBS TOM A 38912 CAMBRIDGE DRIVE ZEPHYRHILLS FL 33540
234-02 800469678 JOHNSON ANTOINE 214 NORTH BELNORD AVENUE BALTIMORE MD 21224
234-02 800478877 SABIA ANTHONY G BOX 273 RT 715 MCMICHAELS BRODHEADSVI PA 18322
234-02 800483323 FISHER JOHN 429 LINDEN STREET OGDENSBURG NY 13669
234-02 800490385 TRACEY MARGARET 318 SCUDDER AVENUE NORTHPORT NY 11768
234-02 800495095 BORMAN GARY G 253 NORTH BOYD APACHE JUNC AZ 85219
234-02 800501348 MALDONADO ELGA 549 GRAPE HOLLOW ROAD FISHKILL NY 12531
234-02 800505661 BARBIERI CAROL 3934 ARLINGTON STREET FT MYERS FL 33901
234-02 800505778 DOWNING SHIRLEY MAE 3827 HALLEY TERRACE SE WASHINGTON DC 20032
234-02 800513475 GLEASON DARLENE J 42 WILSTON CIRCLE NEWFEILD CT 06607
234-02 800514614 WILLIAMS STEVE 53 VANDERBILT AVENUE CENTRAL ISL NY 11722
234-02 800516064 PURVES LAWRENCE 7748 MONETTA DRIVE JACKSONVILL FL 32277
234-02 800522179 BULLER NORMA JEAN 1941 BRIGGS STREET HARRISBURG PA 17103
234-02 800530545 VAUGHAN DENNIS J RTE 402 BLOOMING GR PA 18428
234-02 800531667 COX CHARLES 14362 PEE BRIDGE ROAD LAURINBURG NC 28352
234-02 800531790 RAMOS EDWARDO F 411 QUAIL DRIVE MARCO ISLAN FL 34145
234-02 800534448 LOUIS PAULINUS 842 TANGERINE AVENUE SEBRING FL 33870
234-02 800540643 JAMIESON GERALD 11 EASTERN AVENUE BRENTWOOD NY 11717
234-02 800541112 RAINEY SHREADEEN 243-03 134TH AVENUE ROSEDALE NY 11422
234-02 800545873 FEIN JACK 722 RITNER STREET PHILADELPHI PA 19148
234-02 800545915 FEIN JACK 1705 ELLSWORTH STREET PHILADELPHI PA 19101
234-02 800554065 GILES CHRISTINA D 1000 DELAWARE AVENUE KISSIMMEE FL 34744
234-02 800554560 KARAM JOSEPH A 8 PAUL STREET S HADLEY MA 01075
234-02 800556037 MOTLEY CHAD 3333 SOUTH 8070 WEST MAGNA UT 84044
234-02 800566481 MILLER LISA D 39 N 10TH STREET READING PA 19601
234-02 800566952 DIXON CHARLES M 141 LUCAS DRIVE BROOKSVILLE FL 34601
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800615007 48,000.00 48,000.00 03/18/98 02/18/13 179.64 03/18/98 80.0 12.100 497.43
800615148 132,000.00 132,000.00 04/01/98 03/01/28 360.00 04/01/98 75.0 12.600 1,419.03
800615163 58,500.00 58,500.00 03/19/98 02/19/28 359.67 03/19/98 90.0 9.000 470.70
800619108 114,750.00 114,750.00 03/19/98 02/19/13 179.67 03/19/98 85.0 11.850 1,167.10
800620205 60,200.00 60,200.00 03/20/98 02/20/18 239.70 03/20/98 70.0 9.900 576.96
800621542 43,500.00 43,500.00 04/01/98 03/01/28 360.00 04/01/98 75.0 10.850 409.34
800622516 73,800.00 73,800.00 03/24/98 02/24/28 359.84 03/24/98 90.0 10.150 655.84
800625303 49,500.00 49,500.00 03/20/98 02/20/28 359.70 03/20/98 90.0 9.650 421.65
800651234 50,625.00 50,625.00 04/01/98 03/01/28 360.00 04/01/98 75.0 9.250 416.48
680018330 202,500.00 202,162.02 11/11/96 10/11/11 163.36 03/11/98 90.0 12.250 2,121.99
800454944 123,000.00 122,973.72 01/22/98 12/22/12 177.73 02/22/98 70.2 13.300 1,389.53
800480261 98,400.00 98,400.00 02/21/98 01/21/13 178.72 02/21/98 80.0 11.100 944.53
800484529 72,250.00 72,234.79 01/02/98 12/02/12 177.07 02/02/98 85.0 13.400 821.88
800488819 42,114.00 42,114.80 02/14/98 01/14/18 238.49 02/14/98 80.9 12.800 487.42
800500852 60,000.00 60,000.00 02/16/98 01/16/28 358.55 03/16/98 75.0 12.200 626.42
800506149 30,095.00 29,917.47 02/23/98 01/23/18 238.78 03/23/98 85.9 10.300 296.43
800515405 96,900.00 96,900.00 01/18/98 12/18/27 357.60 03/18/98 85.0 12.450 1,030.41
800517344 130,500.00 130,500.00 02/28/98 01/28/13 178.95 02/28/98 90.0 11.050 1,247.72
800533952 68,000.00 68,000.00 03/01/98 02/01/13 179.00 03/01/98 80.0 10.700 632.21
800535700 112,000.00 112,000.00 03/06/98 02/06/28 359.24 03/06/98 80.0 11.500 1,109.13
800539181 54,000.00 53,689.04 03/16/98 02/16/28 359.57 04/16/98 90.0 10.650 500.03
800544744 129,600.00 129,600.00 04/01/98 03/01/13 180.00 04/01/98 79.7 11.550 1,288.36
800550790 99,400.00 99,400.00 03/01/98 02/01/13 179.00 03/01/98 70.0 12.400 1,053.15
800554198 19,200.00 19,200.00 02/22/98 01/22/13 178.75 02/22/98 80.0 13.000 242.93
800554750 89,080.00 89,080.00 02/21/98 01/21/18 238.72 02/21/98 76.7 9.300 818.74
800555690 87,100.00 87,100.00 03/13/98 02/13/13 179.47 03/13/98 65.0 13.990 1,031.33
800566234 60,400.00 60,400.00 02/27/98 01/27/28 358.92 02/27/98 80.0 13.250 679.97
800569162 21,200.00 21,200.00 02/22/98 01/22/18 238.75 02/22/98 80.0 12.150 235.66
800570145 163,200.00 163,200.00 03/25/98 02/25/28 359.87 03/25/98 80.0 10.875 1,538.80
800576662 17,000.00 17,000.00 03/20/98 02/20/13 179.70 03/20/98 68.0 11.100 194.29
800578700 65,200.00 65,200.00 03/01/98 02/01/28 359.00 03/01/98 80.0 9.250 536.38
800580276 30,000.00 30,000.00 03/04/98 02/04/13 179.18 03/04/98 41.6 10.900 339.10
800586729 29,750.00 29,750.00 03/05/98 02/05/28 359.21 03/05/98 85.0 12.850 325.61
800589780 138,000.00 138,000.00 03/25/98 02/25/28 359.87 03/25/98 74.3 9.600 1,170.46
800595274 42,500.00 42,500.00 04/01/98 03/01/28 360.00 04/01/98 77.2 12.850 465.16
800600132 114,750.00 114,750.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.250 1,202.46
800608432 41,475.00 41,475.00 03/01/98 02/01/13 179.00 03/01/98 75.0 12.050 428.21
800609448 53,975.00 53,975.00 03/27/98 02/27/13 179.93 03/27/98 85.0 8.900 544.24
800609810 80,000.00 80,000.00 03/11/98 02/11/28 359.41 03/11/98 80.0 10.550 734.78
800610339 121,500.00 121,500.00 03/18/98 02/18/28 359.64 03/18/98 90.0 10.650 1,125.06
800610651 42,250.00 42,250.00 03/23/98 02/23/28 359.80 03/23/98 65.0 13.090 470.34
800613820 23,000.00 23,000.00 04/01/98 03/01/28 360.00 04/01/98 57.5 10.850 216.43
800650350 64,800.00 64,800.00 03/25/98 02/25/28 359.87 03/25/98 80.0 10.990 616.62
800469678 33,750.00 33,739.45 01/12/98 12/12/12 177.40 02/12/98 75.0 11.600 336.80
800478877 106,400.00 106,142.10 02/14/98 01/14/13 178.49 03/14/98 70.0 9.950 1,140.13
800483323 56,950.00 56,950.00 03/17/98 02/17/13 179.61 03/17/98 85.0 12.800 621.09
800490385 161,500.00 161,413.11 01/03/98 12/03/12 177.11 03/03/98 85.0 12.300 1,698.60
800495095 164,330.00 164,226.08 02/01/98 01/01/28 358.00 03/01/98 85.0 10.600 1,515.50
800501348 63,000.00 62,977.30 01/16/98 12/16/12 177.53 02/16/98 75.0 10.950 597.58
800505661 72,000.00 72,000.00 02/14/98 01/14/28 358.49 02/14/98 90.0 10.625 665.36
800505778 48,750.00 48,717.98 01/16/98 12/16/12 177.53 03/16/98 60.1 11.400 479.06
800513475 87,550.00 87,505.08 02/15/98 01/15/13 178.52 03/15/98 85.0 9.300 723.43
800514614 85,000.00 85,000.00 03/04/98 02/04/13 179.18 03/04/98 73.9 10.350 768.01
800516064 63,000.00 63,000.00 02/06/98 01/06/28 358.22 02/06/98 88.1 9.350 522.86
800522179 39,525.00 39,444.39 02/26/98 01/26/28 358.88 03/26/98 85.0 11.650 395.94
800530545 114,100.00 114,100.00 04/02/98 03/02/28 360.03 04/02/98 70.0 9.500 959.41
800531667 51,300.00 51,300.00 04/02/98 03/02/18 240.03 04/02/98 90.0 10.800 522.55
800531790 91,200.00 91,200.00 04/01/98 03/01/28 360.00 04/01/98 80.0 10.550 837.65
800534448 19,500.00 19,478.06 02/01/98 01/01/18 238.00 03/01/98 75.0 11.200 203.94
800540643 131,750.00 131,724.60 02/06/98 01/06/28 358.22 03/06/98 85.0 13.750 1,535.04
800541112 162,000.00 162,000.00 04/02/98 03/02/13 180.03 04/02/98 90.0 9.750 1,391.83
800545873 33,600.00 33,600.00 03/26/98 02/26/13 179.90 03/26/98 80.0 9.900 292.38
800545915 33,600.00 33,600.00 03/26/98 02/26/13 179.90 03/26/98 80.0 9.900 292.38
800554065 60,100.00 60,100.00 03/04/98 02/04/13 179.18 03/04/98 57.2 11.830 610.34
800554560 145,350.00 145,350.00 03/06/98 02/06/18 239.24 03/06/98 85.0 10.850 1,485.48
800556037 98,100.00 97,984.38 03/01/98 02/01/28 359.00 05/01/98 90.0 12.100 1,016.63
800566481 32,300.00 32,300.00 03/27/98 02/27/28 359.93 03/27/98 85.0 11.400 317.40
800566952 34,650.00 34,650.00 04/01/98 03/01/13 180.00 04/01/98 90.0 10.300 378.74
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 10 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800568289 OSTRANDER JOAN 156 HOWARD AVENUE SOUTHINGTON CT 06489
234-02 800571200 VOLK CHARLES LT 107 108 DEER ROAD PROMISED LA PA 18426
234-02 800575235 DILLARD MYRON L 40551 STATE ROUTE 517 LISBON OH 44432
234-02 800576290 SHIRLEY RICCARDO 183 NEWMAN STREET BRENTWOOD NY 11717
234-02 800578098 PAXSON TODD D 11276 FERENDINA WAY SPRING HILL FL 34609
234-02 800578106 MOSTELLER GARY 2748 EAST US 40 BRAZIL IN 47834
234-02 800578494 PETERS ROBERT L 46 5TH AVENUE FAYATTEVILL PA 17222
234-02 800582595 MCGHIE XAVIER 29-31 AUTUMN STREET BRIDGEPORT CT 06608
234-02 800583767 BERGERON FAY 4706 FAIRLEA DRIVE VALRICO FL 33594
234-02 800586554 SOKOYA ADEJUMOKE 2034 FLAGLER PLACE NW WASHINGTON DC 20001
234-02 800587107 WALL DONALD L 515 WALNUT STREET LEAVENWORTH KS 66048
234-02 800587800 CLAYTON C H JR 11845 S COUNTY RD 525 WEST CENTER POIN IN 47840
234-02 800588246 ELLISON SIMON 1702 HIGHLAND AVENUE CINNAMINSON NJ 08077
234-02 800589004 CALLIES DANA J. 5630 VARET ROAD VENICE FL 34293
234-02 800589699 NEAL OSCAR S 756 BULLOCK AVENUE YEADON PA 19050
234-02 800590325 SKILTON DONALD K 135 OLD RUTHERFORD ROAD TAYLORS SC 29687
234-02 800592438 POOLE DONALD 262 MOUNT AIRY AVENUE WAYNESBORO PA 17268
234-02 800596017 KOBLENTZ WILLIAM RANDOLPH 2219 LAKEVIEW STREET LAKELAND FL 33801
234-02 800597437 LEFEVRE BERTHILDE 8027 250TH ST BELLEROSE NY 11426
234-02 800597544 DANIELS WALTER 44 WOODHAVEN LANE WILLINGBORO NJ 08046
234-02 800598716 FORSHEE RONALD R 3343 ROSE VALLEY STREET N LAS VEGAS NV 89030
234-02 800599417 KORSCH SUSAN M 164 LAFAYETTE STREET COPIAGUE NY 11726
234-02 800599839 SULIEMAN EMIL 4530 11TH AVENUE NORTH ST PETERSBU FL 33713
234-02 800600249 THWING JAMES P 5185 ROBERTS FLINT MI 48506
234-02 800600330 JUNE DOUGLAS E 7139 ALGER DAVISON MI 48423
234-02 800600900 LAWTON CARL JR 1808 MARILYN DRIVE FT MYERS FL 33917
234-02 800601452 CORDREY MICHELE K 12410 FORT KING ROAD DADE CITY FL 33525
234-02 800602906 DAVIS DARLENE H 2320 KRAUSE ROAD CENTERBURG OH 43011
234-02 800603763 REILLY JEFFERY C 4226 REVERE CIRCLE NEW PORT RI FL 34653
234-02 800606022 BELLAMY MICHAEL E 1612 NAUDAIN STREET HARRISBURG PA 17104
234-02 800606709 HORTON RAYMOND LEE 7826 LUEDERS STREET JACKSONVILL FL 32208
234-02 800607376 JEFFERSON REBECCA 18661 SEBRING ROAD FT MYERS FL 33912
234-02 800610180 VARVAR GLORIANA 1835 LINDBERGH CIRCLE ALBRIGHTSVI PA 18210
234-02 800610248 VAUGHN LIONEL JAMES 3900 WYATT DRIVE BALTIMORE MD 21207
234-02 800610370 DALY PATRICIA M 511 COTTON STREET BONIFAY FL 32425
234-02 800611550 FRAY SHARON 40 SONIA ROAD BAY SHORE NY 11706
234-02 800611592 VILLATORO DIANA 785 COMMACK ROAD BRENTWOOD NY 11717
234-02 800613440 SERRANO CARLOS M 1 MICHIGAN AVE PROVIDENCE RI 02905
234-02 800613705 OGUNYELE OLUWAKEMI 338 U STREET NW WASHINGTON DC 20001
234-02 800614554 BURNELL EUGENE A 284 MALPELO AVENUE PUNTA GORDA FL 33983
234-02 800614596 MARSHALL HOWARD LEE 2325 SAPODILLA LANE ST JAMES CI FL 33956
234-02 800615320 RODRIGUEZ MARIO 10112 CHAPEL HILL COURT TAMPA FL 33615
234-02 800616682 DIAZ IVAN 2907 YBOR STREET TAMPA FL 33605
234-02 800617219 WORLEY LINDA RAY 320 SOUTH PEARL STREET ROCKY MOUNT NC 27804
234-02 800620353 POMPA NORA M 1049 SOUTHEAST 131 STREET OCALA FL 34480
234-02 800621583 VANZANDT HAROLD L 10562 LAKE DRIVE SEMINOLE FL 33772
234-02 800623290 RODERICK CARL 508 STANLEY AVENUE FROSTPROOF FL 33843
234-02 800624132 BUCHANAN CECIL J T644 CHURCH ROAD POCONO LAKE PA 18347
234-02 800624199 BUCHANAN CECIL J 175K BLACKBIRCH WAY TOBYHANNA PA 18466
234-02 800624207 BUCHANAN CECIL J 32L ROSEMONT DRIVE TOBYHANNA PA 18466
234-02 800624926 ADDIS STEPHEN G 4606 6TH STREET WEST LEHIGH ACRE FL 33971
234-02 800626384 ADENIKINJU ADERONKE 242 14TH PLACE NE WASHINGTON DC 20002
234-02 800630410 MCCURDY MELISSA 335 MCCLELLAN AVENUE MT VERNON NY 10553
234-02 800631137 DEVITA JOSEPH M. 108 PORTAL COURT NORTH BABYL NY 11702
234-02 800633174 SATCHELL GLORIA D 6702 ELDRIDGE STREET LANDOVER MD 20784
234-02 800634313 LARCO MARCO 2713 14TH COURT PALM HARBOR FL 34684
234-02 800634842 PEOPLES DORIS WRIGHT 2163 SHADY OAKS DRIVE TALLAHASSEE FL 32303
234-02 800641656 BAUN SCOTT H RD 1 BOX 205 C ROCHESTER M PA 15771
234-02 800643033 HALL JOSEPH I 255 ELIZABETH ST BATESBURG SC 29006
234-02 800643413 KING FRANKLIN D 13037 FIFTH STREET FORT MYERS FL 33905
234-02 800643793 GREENE SEAN 2354 ALBANY AVENUE LOVELAND CO 80538
234-02 800645301 STUMP FREDERICK R 60 MATTHEWS ROAD DELTA PA 17314
234-02 800646275 PALMER JACQUELINE D. 2322 JEFFCOTT STREET FORT MYERS FL 33901
234-02 800646473 MCCLOUD SYLVESTER W SR 5906 CURRY MCCLOUD PLACE PLANT CITY FL 33567
234-02 800647281 RILEY TREVEL 4715 CARROLLTON INDIANAPOLI IN 46205
234-02 800648834 JACOBSON THOMAS M 2408 NORTHEAST 181ST PLACE GAINESVILLE FL 32609
234-02 800652133 COHLHEPP JOHN H 1019 EAST NORFOLK STREET TAMPA FL 33604
234-02 800654691 GARCIA ALEXANDER A 6847 WEST HOLLY STREET PHOENIX AZ 85035
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800568289 102,000.00 102,000.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.300 1,072.80
800571200 49,500.00 49,500.00 03/28/98 02/28/13 179.97 03/28/98 90.0 10.400 449.10
800575235 56,800.00 56,800.00 03/24/98 02/24/18 239.84 03/24/98 80.0 11.200 594.03
800576290 126,900.00 126,900.00 03/01/98 02/01/13 179.00 03/01/98 90.0 11.200 1,227.71
800578098 45,900.00 45,900.00 04/01/98 03/01/28 360.00 04/01/98 90.0 9.000 369.32
800578106 44,800.00 44,800.00 03/27/98 02/27/18 239.93 03/27/98 80.0 9.250 410.31
800578494 63,900.00 63,900.00 03/27/98 02/27/28 359.93 03/27/98 90.0 10.650 591.70
800582595 55,000.00 55,000.00 03/27/98 02/27/28 359.93 03/27/98 66.2 9.250 452.47
800583767 155,700.00 155,700.00 03/19/98 02/19/13 179.67 03/19/98 90.0 10.400 1,412.62
800586554 119,000.00 119,000.00 03/17/98 02/17/28 359.61 03/17/98 85.0 11.250 1,155.80
800587107 56,000.00 56,000.00 03/24/98 02/24/13 179.84 03/24/98 80.0 11.950 670.30
800587800 64,700.00 64,700.00 03/25/98 02/25/13 179.87 03/25/98 69.9 10.450 589.42
800588246 175,500.00 175,500.00 03/01/98 02/01/28 359.00 03/01/98 90.0 10.950 1,664.70
800589004 81,383.00 81,383.40 03/25/98 02/25/13 179.87 03/25/98 90.0 9.650 693.24
800589699 60,000.00 60,000.00 03/24/98 02/24/28 359.84 03/24/98 80.0 12.850 656.69
800590325 70,400.00 70,400.00 04/02/98 03/02/28 360.03 04/02/98 80.0 12.850 770.52
800592438 64,800.00 64,800.00 03/23/98 02/23/28 359.80 03/23/98 80.0 9.900 563.88
800596017 32,000.00 32,000.00 04/01/98 03/01/13 180.00 04/01/98 80.0 10.850 360.70
800597437 160,000.00 160,000.00 03/01/98 02/01/28 359.00 03/01/98 80.0 9.800 1,380.52
800597544 115,500.00 115,500.00 03/25/98 02/25/28 359.87 03/25/98 75.0 9.500 971.19
800598716 102,000.00 102,000.00 04/01/98 03/01/28 360.00 04/01/98 85.0 8.900 813.39
800599417 104,000.00 104,000.00 03/24/98 02/24/13 179.84 03/24/98 80.0 9.000 1,054.84
800599839 71,910.00 71,910.00 04/01/98 03/01/13 180.00 04/01/98 90.0 9.400 599.42
800600249 52,000.00 52,000.00 03/23/98 02/23/28 359.80 03/23/98 80.0 9.400 433.46
800600330 67,500.00 67,500.00 03/20/98 02/20/18 239.70 03/20/98 90.0 9.400 624.79
800600900 51,000.00 51,000.00 03/23/98 02/23/28 359.80 03/23/98 85.0 9.400 425.12
800601452 86,400.00 86,400.00 03/24/98 02/24/18 239.84 03/24/98 80.0 9.100 782.93
800602906 100,000.00 100,000.00 04/02/98 03/02/28 360.03 04/02/98 80.0 9.250 822.68
800603763 46,350.00 46,350.00 03/24/98 02/24/18 239.84 03/24/98 90.0 9.650 436.59
800606022 44,625.00 44,625.00 03/27/98 02/27/28 359.93 03/27/98 85.0 11.850 453.87
800606709 39,600.00 39,600.00 03/25/98 02/25/28 359.87 03/25/98 80.0 12.200 413.44
800607376 56,000.00 56,000.00 04/01/98 03/01/28 360.00 04/01/98 80.0 12.350 591.15
800610180 36,000.00 36,000.00 03/27/98 02/27/28 359.93 03/27/98 80.0 11.600 359.25
800610248 67,956.00 67,956.00 04/02/98 03/02/18 240.03 04/02/98 80.9 8.750 600.53
800610370 36,750.00 36,750.00 03/25/98 02/25/18 239.87 03/25/98 75.0 10.450 365.67
800611550 135,000.00 135,000.00 03/05/98 02/05/13 179.21 03/05/98 90.0 11.200 1,306.08
800611592 118,400.00 118,400.00 03/01/98 02/01/28 359.00 03/01/98 80.0 12.250 1,240.71
800613440 75,150.00 75,150.00 03/26/98 02/26/13 179.90 03/26/98 90.0 10.400 681.81
800613705 121,500.00 121,500.00 03/26/98 02/26/28 359.90 03/26/98 90.0 10.250 1,088.76
800614554 117,000.00 117,000.00 04/01/98 03/01/28 360.00 04/01/98 90.0 9.150 954.06
800614596 200,700.00 200,700.00 04/02/98 03/02/28 360.03 04/02/98 81.2 8.900 1,600.46
800615320 63,000.00 63,000.00 03/24/98 02/24/28 359.84 03/24/98 90.0 10.650 583.36
800616682 45,900.00 45,900.00 03/23/98 02/23/18 239.80 03/23/98 90.0 8.750 405.62
800617219 72,250.00 72,250.00 03/24/98 02/24/28 359.84 03/24/98 85.0 11.350 707.23
800620353 140,000.00 140,000.00 04/01/98 03/01/28 360.00 04/01/98 59.3 9.950 1,223.43
800621583 33,520.00 33,520.00 04/01/98 03/01/13 180.00 04/01/98 80.0 8.750 263.70
800623290 40,500.00 40,500.00 04/01/98 03/01/13 180.00 04/01/98 86.1 8.750 404.78
800624132 52,500.00 52,500.00 03/23/98 02/23/13 179.80 03/23/98 75.0 10.100 464.61
800624199 59,250.00 59,250.00 03/23/98 02/23/13 179.80 03/23/98 75.0 10.100 524.34
800624207 54,000.00 54,000.00 03/23/98 02/23/13 179.80 03/23/98 75.0 10.100 477.88
800624926 42,400.00 42,400.00 04/01/98 03/01/28 360.00 04/01/98 80.0 11.350 415.04
800626384 80,750.00 80,750.00 03/23/98 02/23/28 359.80 03/23/98 85.0 11.250 784.29
800630410 142,500.00 142,500.00 03/24/98 02/24/13 179.84 03/24/98 75.0 10.100 1,261.08
800631137 148,500.00 148,500.00 03/27/98 02/27/28 359.93 03/27/98 90.0 9.900 1,292.23
800633174 110,800.00 110,800.00 03/25/98 02/25/13 179.87 03/25/98 80.0 9.850 960.09
800634313 52,500.00 52,500.00 04/01/98 03/01/28 360.00 04/01/98 75.0 9.100 426.21
800634842 112,500.00 112,500.00 04/01/98 03/01/28 360.00 04/01/98 82.1 9.900 978.96
800641656 16,000.00 16,000.00 04/02/98 03/02/18 240.03 04/02/98 78.0 11.700 172.84
800643033 45,000.00 45,000.00 04/02/98 03/02/13 180.03 04/02/98 78.9 9.600 472.62
800643413 63,900.00 63,900.00 04/01/98 03/01/28 360.00 04/01/98 90.0 10.150 567.86
800643793 85,410.00 85,410.00 05/01/98 04/01/28 361.00 05/01/98 73.0 8.900 681.09
800645301 64,000.00 64,000.00 04/03/98 03/03/28 360.07 04/03/98 80.0 11.350 626.47
800646275 40,800.00 40,800.00 04/01/98 03/01/28 360.00 04/01/98 85.0 11.250 396.27
800646473 50,400.00 50,400.00 04/01/98 03/01/13 180.00 04/01/98 80.0 11.850 512.61
800647281 79,200.00 79,200.00 03/27/98 02/27/28 359.93 03/27/98 80.0 12.850 866.84
800648834 80,750.00 80,750.00 04/02/98 03/02/28 360.03 04/02/98 85.0 11.850 821.29
800652133 66,300.00 66,300.00 04/01/98 03/01/28 360.00 04/01/98 85.0 11.600 661.63
800654691 52,500.00 52,500.00 04/01/98 03/01/13 180.00 04/01/98 72.4 9.800 452.98
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 11 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-02 800657033 SIGLER GERALD P JR 1445 34TH AVENUE NORTH ST PETERSBU FL 33704
234-02 800657157 PERRY STAN 206 WEST 5000 SOUTH WASHINGTON UT 84405
234-02 800660599 ASHAYE SAMSON 626 L STREET NE WASHINGTON DC 20002
234-02 800660987 POWELL GREGORY L 100 PEBBLE CREEK ROAD COLUMBIA SC 29223
234-02 800676033 ZACHARY MARVIN D 1696 LEE STREET DECATUR GA 30035
234-02 661571992 OLMSTEAD LORI 423 8TH STREET NW GRAND RAPID MI 49504
234-02 661574939 JOHNSON WILLIAM 4902 CHIPPEWA PATH OWOSSO MI 48867
234-02 661585695 PITTMAN DARRELL W 3601 DONALD AVENUE INDIANAPOLI IN 46224
234-02 661596775 LEWIS LAVERNE M 716 E 8TH STREET ALLIANCE NE 69307
234-02 661609305 YOUNG DENNIS M 2627 ENGLISH AVENUE INDIANAPOLI IN 46201
234-02 661614511 JENKINS WILLIAM JR 608 N GRANT INDIANAPOLI IN 46201
234-02 661619304 PANNELL BARRY C 14881 GRANDVILLE DETROIT MI 48223
234-02 661620039 SIMMONS JAMES W 2015 EAST RIVERSIDE DRIVE INDIANAPOLI IN 46202
234-02 661622001 THOMPSON MONICA 17701 EDINBOROUGH DETROIT MI 48219
234-02 661622928 MODLIN JAY M 8702 EAST COUNTYROAD 200 N HAGERSTOWN IN 47346
234-02 661624353 NILL JACQUELYN C 207 CURRY ROYAL OAK MI 48067
234-02 661624684 VIVRETTE ROBERT 102 CHESTNUT STREET EDDYVILLE KY 42038
234-02 661625236 WILLIAMS JOHN S 720 CEDAR BURLINGTON IA 52601
234-02 661625400 RANDOLPH FLORENCE 272 POLK STREET RUSSELLVILL AL 30653
234-02 661626077 HAMILL ROBIN A 2796 TIM AVENUE BRIGHTON MI 48116
234-02 661626101 JONES EDWIN 2311 NORTH F STREET ELWOOD IN 46036
234-02 661630004 ENTREKIN DONNA 4125 NORTH PARKSIDE AVE CHICAGO IL 60634
234-02 661631945 NOWINSKI STANLEY 5728 S MAYFIELD CHICAGO IL 60638
234-02 661634931 MCGEE ELLA 2255 NORTH LASALLE INDIANAPOLI IN 46218
234-02 661580761 SAMANO ALBERT JR 613 JUDY STREET HIDALGO TX 78557
234-02 661585125 MURDOCK SEAN 12231 ABINGTON DETROIT MI 48228
234-02 661590075 HENRY DANA J 3S029 ARBORETUM RD GLEN ELLYN IL 60137
234-02 661593889 HELSON JOHN F 726 PLUM ST PERU IL 61354
234-02 661597112 TONK HAMPTON SCOTT 1510 W GREENLEAF AVE #2A CHICAGO IL 60626
234-02 661597492 JACKSON BLANCHE M 8618 SOUTH WOOD CHICAGO IL 60620
234-02 661601849 ORR MARY 18311 NORTHLAWN DETROIT MI 48221
234-02 661602672 KOUKALIK BEVERLY 125 N SCHMIDT BOLINGBROOK IL 60440
234-02 661604108 BRONSON JOHN W 940 N LOREL AVE CHICAGO IL 60651
234-02 661610402 WILLIAMS JEROME F 2330 WEST BARRY AVENUE CHICAGO IL 60618
234-02 661613513 HUART HENRY JOSEPH JR 118 CEDAR CIRCLE STREAMWOOD IL 60107
234-02 661617597 PHELPS OTIS E 9120 S ESSEX AVENUE CHICAGO IL 60617
234-02 661618033 CAPACE GREGORY J 4162 N KOLZE SCHILLER PA IL 60176
234-02 661618132 BARR CORINE 8109 SOUTH KINGSTON CHICAGO IL 60617
234-02 661619122 CUSHMAN DENNIS L 715 N PHILLIPS ALGONA IA 50511
234-02 661623157 CROWLEY JOHN F JR 23 EAST 7TH HINSDALE IL 60521
234-02 661623165 STEWART MARVA G 8106 S OAKLEY CHICAGO IL 60620
234-02 661624262 ROGERS TALMAGE F 60 ORNE STREET WEST HAVEN CT 6516
234-02 661624809 POLLARD DOUGLAS E 1118 TIMBER CREEK DR #10 GRAND LEDGE MI 48837
234-02 661630087 ABERNATHY RICHARD L 2048 W 69TH ST CHICAGO IL 60621
234-02 661630475 BOHANNON DARLENE F 4673 WOLF CREEK PIKE DAYTON OH 45427
234-02 661325381 CASSEUS JOUBERT 131 RANDOLPH AVENUE JERSEY CITY NJ 07305
234-02 661364323 JONES RANDY L 338 E ILLINOIS ST FORTVILLE IN 46040
234-02 661506808 PHILBERT RODNEY W 7834 SOUTH STATE ROAD 109 MARKLEVILLE IN 46056
234-02 661524421 RUFF KENNETH ALLEN 814 BATES LANSING MI 48906
234-02 661622118 LANG JEFFREY 20806 HELLE WARREN MI 48089
234-02 661628396 JONES THERESA C 12340 KILBOURNE DETROIT MI 48213
234-02 661628883 TURNER JOSEPH W 21040 E 12 MILE ST CLAIR SH MI 48081
234-02 661624320 BROWN ANTHONY C 19133 MITCHELL DETROIT MI 48234
234-02 661624452 PATRICK RONALD C 401 SOUTH STREET GRATIS OH 45330
234-02 661624726 KENNEDY CHRISTINE F 708 NOME AVENUE AKRON OH 44320
234-02 661624973 ALDRIDGE CARL 1402 SHAFTSBURY ROAD DAYTON OH 45406
234-02 661629535 NIKAS ANDREW 4414 N MAJOR AVENUE CHICAGO IL 60630
234-02 661630137 CURTIS DAVID A 1835 RICH STREET COLUMBUS OH 43205
234-02 661630145 CURTIS DAVID A 106 SOUTH WHEATLAND COLUMBUS OH 43204
234-02 661630996 ANDREWS WAYLAND K 4038 LANCE LAKE ROAD WOLVERINE MI 49799
234-02 661632505 PRYZBYLA JAMES W 179 WAGONWOOD ROAD ROUND LAKE IL 60073
234-02 661605949 WHITE THOMAS A 6840 EDWARDS BELLEVILLE MI 48111
234-02 661627729 CHAFFIN SHERYL J 3205 WAYNE AVE DAYTON OH 45420
234-02 661634352 BROYLES ANITA M 870 STONEBRIDGE LANE BUFFALO GRO IL 60089
------------------------------------------------
517 Sale Total
234-51 680124856 HARDY DEBORAH A 948 MCGILL ROAD VASS NC 28394
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800657033 42,300.00 42,300.00 04/01/98 03/01/28 360.00 04/01/98 79.9 9.650 360.32
800657157 72,000.00 72,000.00 04/01/98 03/01/13 180.00 04/01/98 80.0 9.400 600.17
800660599 117,000.00 117,000.00 03/27/98 02/27/28 359.93 03/27/98 90.0 10.250 1,048.44
800660987 166,600.00 166,600.00 03/26/98 02/26/13 179.90 03/26/98 85.0 10.100 1,474.36
800676033 64,710.00 64,710.00 04/01/98 03/01/13 180.00 04/01/98 90.0 9.625 550.03
661571992 47,900.00 47,900.00 02/01/98 01/01/13 178.00 03/01/98 73.6 12.550 513.08
661574939 160,000.00 159,171.40 11/06/97 10/06/27 355.20 03/06/98 80.0 10.750 1,493.57
661585695 63,000.00 62,999.53 12/07/97 11/07/12 176.25 03/07/98 90.0 10.800 590.46
661596775 37,900.00 37,863.19 01/01/98 12/01/17 237.00 03/01/98 57.8 11.200 396.37
661609305 21,000.00 21,000.00 03/09/98 02/09/13 179.34 03/09/98 50.0 9.950 183.51
661614511 56,000.00 55,811.08 01/22/98 12/22/12 177.73 02/22/98 80.0 12.300 588.99
661619304 74,000.00 74,000.00 02/01/98 01/01/28 358.00 03/01/98 64.3 13.240 832.50
661620039 24,500.00 24,500.00 03/01/98 02/01/13 179.00 03/01/98 70.0 9.500 206.01
661622001 76,000.00 76,000.00 03/01/98 02/01/13 179.00 03/01/98 80.0 13.150 849.63
661622928 65,100.00 64,821.85 03/10/98 02/10/13 179.38 04/10/98 70.0 10.450 593.06
661624353 111,300.00 111,300.00 04/01/98 03/01/28 360.00 04/01/98 84.9 10.550 1,022.27
661624684 74,000.00 74,000.00 03/01/98 02/01/28 359.00 03/01/98 63.2 10.550 679.67
661625236 54,400.00 54,400.00 03/17/98 02/17/28 359.61 03/17/98 80.0 10.550 499.65
661625400 29,200.00 29,200.00 03/01/98 02/01/13 179.00 03/01/98 74.8 11.650 343.91
661626077 45,500.00 45,500.00 03/13/98 02/13/28 359.47 03/13/98 70.0 10.600 419.61
661626101 40,000.00 39,891.41 03/04/98 02/04/13 179.18 04/04/98 81.6 9.750 343.66
661630004 22,000.00 21,885.34 03/09/98 02/09/28 359.34 04/09/98 14.3 10.750 205.37
661631945 85,000.00 85,000.00 03/19/98 02/19/13 179.67 03/19/98 66.9 11.000 966.11
661634931 29,700.00 29,700.00 03/23/98 02/23/13 179.80 03/23/98 84.8 11.850 302.07
661580761 100,000.00 98,852.00 12/26/97 11/26/27 356.88 03/26/98 53.1 11.000 952.33
661585125 14,300.00 14,294.49 12/19/97 11/19/27 356.65 02/19/98 65.0 13.150 159.86
661590075 64,000.00 63,923.45 02/01/98 01/01/28 358.00 04/01/98 44.1 11.750 646.02
661593889 30,000.00 29,984.15 12/01/97 11/01/27 356.00 03/01/98 76.9 11.950 307.43
661597112 31,800.00 31,485.90 01/01/98 12/01/12 177.00 04/01/98 60.0 12.900 400.26
661597492 40,500.00 40,482.12 12/28/97 11/28/27 356.94 02/28/98 75.0 12.650 436.96
661601849 76,000.00 75,816.93 03/01/98 02/01/18 239.00 05/01/98 80.0 13.150 898.53
661602672 103,000.00 102,751.27 01/22/98 12/22/17 237.73 03/22/98 75.7 9.760 977.65
661604108 66,000.00 65,802.66 02/26/98 01/26/18 238.88 04/26/98 73.3 10.550 661.15
661610402 195,500.00 195,462.92 01/22/98 12/22/27 357.73 03/22/98 85.0 12.000 2,010.94
661613513 44,500.00 44,283.49 01/15/98 12/15/12 177.50 03/15/98 55.6 9.300 459.32
661617597 60,000.00 59,804.13 02/09/98 01/09/18 238.32 04/09/98 66.6 9.600 563.20
661618033 107,000.00 106,854.83 02/01/98 01/01/28 358.00 04/01/98 69.0 10.240 958.03
661618132 74,700.00 74,609.36 02/20/98 01/20/28 358.68 04/20/98 90.0 11.550 742.60
661619122 58,000.00 57,826.59 02/19/98 01/19/18 238.65 04/19/98 78.9 10.550 581.01
661623157 115,000.00 114,839.40 03/01/98 02/01/28 359.00 05/01/98 40.0 10.000 1,009.21
661623165 75,000.00 74,763.04 02/15/98 01/15/18 238.52 04/15/98 72.1 9.950 721.28
661624262 69,000.00 68,772.32 03/04/98 02/04/18 239.18 05/04/98 62.7 9.510 643.62
661624809 84,100.00 83,986.54 02/20/98 01/20/13 178.68 04/20/98 84.9 10.300 756.75
661630087 60,600.00 60,429.96 03/01/98 02/01/18 239.00 05/01/98 80.8 11.300 637.93
661630475 48,000.00 47,947.05 03/18/98 02/18/28 359.64 05/18/98 79.3 13.400 546.02
661325381 65,000.00 48,321.32 07/13/90 06/13/05 87.35 02/13/98 54.1 14.250 876.58
661364323 30,400.00 30,227.16 12/25/96 11/25/26 344.84 02/25/98 69.8 12.000 312.70
661506808 56,200.00 56,009.85 09/05/97 08/05/27 353.16 03/05/98 74.9 13.350 637.10
661524421 25,000.00 24,964.94 09/01/97 08/01/12 173.00 03/01/98 45.4 12.650 269.73
661622118 24,000.00 24,000.00 03/01/98 02/01/28 359.00 03/01/98 80.0 11.375 235.38
661628396 27,000.00 27,000.00 03/24/98 02/24/13 179.84 03/24/98 90.0 10.400 296.79
661628883 80,000.00 80,000.00 04/01/98 03/01/13 180.00 04/01/98 61.5 10.900 904.26
661624320 36,800.00 36,800.00 03/01/98 02/01/28 359.00 03/01/98 80.0 10.950 349.07
661624452 73,000.00 73,000.00 04/01/98 03/01/13 180.00 04/01/98 73.0 11.100 700.72
661624726 84,000.00 84,000.00 03/17/98 02/17/28 359.61 03/17/98 80.7 9.450 703.26
661624973 44,000.00 44,000.00 03/25/98 02/25/13 179.87 03/25/98 69.8 9.900 382.88
661629535 78,500.00 78,500.00 03/19/98 02/19/28 359.67 03/19/98 46.1 9.200 642.96
661630137 43,200.00 43,200.00 03/05/98 02/05/13 179.21 03/05/98 80.0 9.850 374.33
661630145 53,600.00 53,600.00 03/05/98 02/05/13 179.21 03/05/98 80.0 9.600 454.61
661630996 37,300.00 37,300.00 03/20/98 02/20/28 359.70 03/20/98 45.2 9.420 311.46
661632505 147,200.00 147,200.00 03/23/98 02/23/28 359.80 03/23/98 80.0 10.950 1,396.26
661605949 117,300.00 117,300.00 03/24/98 02/24/28 359.84 03/24/98 84.9 11.350 1,148.21
661627729 69,700.00 69,700.00 03/27/98 02/27/13 179.93 03/27/98 89.9 9.900 606.52
661634352 168,000.00 168,000.00 03/28/98 02/28/18 239.97 03/28/98 80.0 9.500 1,565.98
--------------------------------- ------ ------------------------------
35,618,632.00 35,569,109.17 275.29 77.9 10.902 345,738.82
680124856 40,000.00 37,881.41 04/24/97 03/24/07 108.76 03/24/98 47.8 10.800 546.48
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 12 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-51 800412579 BAKER KARL R 42 ANISTASIA DR SAINT LOUIS MO 63135
234-51 800438905 GENTHER CHRISTOPHE RAYE 3952 24TH STREET DORR MI 49323
234-51 800462509 BENTRUP RUDOLPH L 3193 MEADOWFIELD DRIVE ARNOLD MO 63010
234-51 800463010 BULLER GERALDINE 423 CITRUS AVENUE NOKOMIS FL 34275
234-51 800463879 ZAGARRI JOSEPH E 3341 SUNCREST AVE SAINT LOUIS MO 63114
234-51 800469520 TYLER WENDELL IVAN 2408 NORTH MONROE HUTCHINSON KS 67502
234-51 800469876 HILL ANITA L 838 SAN MIGUEL DRIVE STONE MOUNT GA 30083
234-51 800472292 CHAPMAN ESTHER GRAY 2487 SHEA DRIVE MACON GA 31206
234-51 800477580 WILDER LILYE J 3409 MOGUL ROAD MACON GA 31217
234-51 800480329 BRETZ MARK E 1430 PADDOCK DRIVE FLORISSANT MO 63033
234-51 800480402 RUBIN ROBERT F 1014 FERNWAY LANE ST LOUIS MO 63141
234-51 800501744 NEELEY ROBERT D SR 1327 NORTH WEST MYRTLE AVE ARCADIA FL 34266
234-51 800502759 TURNER MARGARET L 7915 CHASKE STREET VERONA PA 15147
234-51 800526733 CLAY MARY 133 TINA DRIVE MACON GA 31201
234-51 800530644 WEIR ROBERT A 1817 O'CONNEL AVENUE OVERLAND MO 63114
234-51 800533234 LIPPINCOTT MARCELLA 8325 FAY AVENUE NORTH PORT FL 34287
234-51 800537219 ATKINSON BARNEY M 140 WHITEHEAD ROAD OXFORD GA 30267
234-51 800540973 SHUBERT DELORES 1228 46TH STREET SOUTHEAST WASHINGTON DC 20019
234-51 800569147 CLEMENT WILLIAM LEE 916 SIMMONS AVENUE KIRKWOOD MO 63122
234-51 800544470 TUPPER SCOTT 5588 NORTH RIVER HIGHWAY GRAND LEDGE MI 48837
234-51 800581993 PRESCOTT HAROLD 1351 WOODSTON ROAD MEMPHIS TN 38117
234-51 800601353 WILLIAMS DALLAS 1414 WEST 27TH STREET NORFOLK VA 23508
234-51 800426579 DILL GRACE M 2621 LAYDEN STREET RALEIGH NC 27603
234-51 800432122 WOODGATE JAMES CLIFTON 1154 LONGCREST ROAD MEMPHIS TN 38109
234-51 800438921 CASEY SADIE E. 2950 HALE AVENUE MEMPHIS TN 38112
234-51 800447344 MULLETT MELVIN E 1613 INGRAM AVENUE SARASOTA FL 34232
234-51 800450140 WERT CLARENCE L 1018 HARDING STREET NW WALKER MI 49525
234-51 800453920 BLANTON SANDRA L 4302 COVENTRY DRIVE MEMPHIS TN 38127
234-51 800521783 WINES RICHARD LEE 4742 RIMER ROAD CONCORD NC 28025
234-51 800524019 PARKER CHARLES KEITH 620 ALBEMARLE ROAD WILMINGTON NC 28405
234-51 800529513 FARMER ROOSEVELT A 701 NORTH KING CHARLES RD RALEIGH NC 27610
234-51 800534117 JONES WILLIAM W JR 407 NORTH CHURCHILL DRIVE FAYETTEVILL NC 28303
234-51 800571101 CARBONI THERISA LOUISE 35016 DAISY STREET UNION CITY CA 94587
234-51 800604589 COX ROBERT C SR 4321 PEPPER LANE NORTH PORT FL 34287
------------------------------------------------
35 Sale Total
234-52 5100007102 MACDONALD FRANCES A 39 HOMESTEAD AVENUE NEW BRITAIN CT 6053
234-52 800413668 STACY NANCY L 104 EAST PINE STREET FREMONT MI 49412
234-52 800413924 HARRINGTON NANCY A 8850 EAST ROAD LAKESIDE MI 49116
234-52 800418337 MCFARLAN WILLIAM A 9020 68TH STREET SE ALTO MI 49302
234-52 800437329 DEWEERD THOMAS H 649 HENDRICK ROAD NORTON SHOR MI 49441
234-52 800437402 MILLER TIMOTHY W 3444 HIAWATHA DRIVE NORTON SHOR MI 49441
234-52 800440224 RHODES SUSAN J 23004 44TH AVENUE MATTAWAN MI 49071
234-52 800490708 WESTERMARK JOANE M 408 LINCOLN AVENUE LIVERMORE CA 94550
234-52 800506933 WILCOX MARION F 64 WHITTIER DRIVE DENNIS MA 2638
234-52 800512683 LIVERMORE JERRY J 4033 LEAVITT COURT CASTRO VALL CA 94546
234-52 800541831 ZMUDA REBECCA L 34235 SEVEN MILE ROAD LIVONIA MI 48154
234-52 800542177 JOHNSON RICHARD M 6780 TRUMBLE ROAD SAINT CLAIR MI 48079
234-52 800545964 FORBES WILLIAM 15 WHITNEY ROAD COLUMBIA CT 6237
234-52 800578304 INGALLS EDSOL G 36959 OAK STREET BURNEY CA 69103
234-52 800581217 ADAMS THOMAS P 4995 SE KERRY LANE PT ORCHARD WA 98367
234-52 800585440 CHINEA ROLANDO 1020 STERN LANE OXNARD CA 93035
234-52 800590457 WITT HELEN ROSE 60055 JOLON STREET SAN ARDO CA 93450
234-52 5100000230 CLARK STANLEY R 3411 SE 54TH AVENUE PORTLAND OR 97206
234-52 5100004026 ROACHE SANDRA 35816 KNOX BUTTE ROAD E ALBANY OR 97321
234-52 5100004398 HONGELL RONALD V 27 HARPOON DRIVE ABERDEEN WA 98520
234-52 5100004505 POTTER THOMAS LEROY 1304 WORDEN AVENUE KLAMATH FAL OR 97601
234-52 5100004612 RICKS LOUIS C JR 5105 DOLORES AVENUE ATASCADERO CA 93422
234-52 5100004653 DESA DAVID 1321 EAGLE STREET LOS BANOS CA 93635
234-52 5100004844 RODERICK MICHELE S 17035 53RD AVENUE SOUTH SEATTLE WA 98188
234-52 5100004869 DODGE HELEN L 3652 AVENUE A WHITE CITY OR 97503
234-52 5100004877 JENNEJOHN HENRY P 1776 SE SALMONBERRY ROAD PT ORCHARD WA 98366
234-52 5100005049 DOSTIE FRANCIS J 142 GLEN STREET MARLBOROUGH MA 1752
234-52 5100005205 ST JACQUES JOHN R 318 NORTH MAIN STREET N BROOKFIEL MA 1535
234-52 5100005411 MEDINA ALICE 27262 STANFORD AVE MADERA CA 93637
234-52 5100005452 REBER JIM D 1624 E 10TH AVE SPOKANE WA 99202
234-52 5100005460 DUMONT PATRICK J 24 WEST VIEW DRIVE ENFIELD CT 6082
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800412579 40,500.00 40,355.37 11/24/97 10/24/27 355.79 03/24/98 90.0 10.800 379.58
800438905 61,000.00 61,000.00 01/08/98 12/08/12 177.27 03/08/98 82.4 9.900 530.82
800462509 51,961.00 51,758.60 12/24/97 11/24/17 236.81 03/24/98 62.6 9.300 477.58
800463010 44,704.00 44,694.20 01/15/98 12/15/27 357.50 03/15/98 62.9 9.300 369.39
800463879 35,074.00 34,771.73 01/19/98 12/19/07 117.63 03/19/98 66.1 11.500 493.12
800469520 59,500.00 59,500.00 01/17/98 12/27/27 357.57 02/27/98 85.0 12.500 635.02
800469876 50,000.00 49,872.99 01/12/98 12/12/12 177.40 03/12/98 54.9 11.000 568.30
800472292 54,000.00 53,981.96 01/08/98 12/08/27 357.27 03/08/98 71.0 9.550 456.03
800477580 32,642.00 32,642.00 02/01/98 01/01/28 358.00 03/01/98 85.9 11.400 320.76
800480329 66,475.00 66,332.20 01/10/98 12/10/17 237.34 03/10/98 78.2 9.300 610.98
800480402 76,994.00 76,944.00 01/23/98 12/23/12 177.76 02/23/98 53.8 10.250 839.20
800501744 60,750.00 60,260.36 02/01/98 01/01/18 238.00 04/01/98 75.9 9.400 562.31
800502759 34,700.00 34,498.66 01/15/98 12/15/12 177.50 03/15/98 77.1 8.900 349.89
800526733 63,900.00 63,900.00 02/01/98 01/01/13 178.00 03/01/98 90.0 10.550 586.91
800530644 31,206.00 31,162.98 02/01/98 01/01/28 358.00 03/01/98 54.7 9.900 271.55
800533234 30,445.00 30,300.37 02/01/98 01/01/08 118.00 03/01/98 60.8 9.050 386.49
800537219 63,100.00 63,100.00 02/01/98 01/01/28 358.00 03/01/98 61.2 10.050 556.08
800540973 68,100.00 67,587.23 02/22/98 01/22/13 178.75 03/22/98 68.1 10.250 742.26
800569147 23,321.00 23,281.99 02/28/98 01/28/18 238.95 03/28/98 31.9 10.250 228.93
800544470 43,500.00 43,500.00 03/20/98 02/20/28 359.70 03/20/98 75.0 11.850 442.43
800581993 60,000.00 60,000.00 03/01/98 02/01/18 239.00 03/01/98 73.1 8.700 528.32
800601353 54,000.00 54,000.00 03/13/98 02/13/28 359.47 03/13/98 75.0 9.900 469.90
800426579 65,500.00 65,162.68 12/25/97 11/25/07 116.84 02/25/98 87.3 10.200 872.86
800432122 44,000.00 43,282.55 01/01/98 12/01/07 117.00 04/01/98 77.1 9.150 560.95
800438921 26,625.00 26,556.99 01/02/98 12/02/07 117.07 03/02/98 61.9 11.000 366.76
800447344 38,927.00 38,764.24 01/24/98 12/24/12 177.80 03/24/98 58.9 10.750 436.35
800450140 72,250.00 72,162.27 01/08/98 12/08/27 357.27 03/08/98 85.0 11.650 723.77
800453920 49,600.00 49,508.83 02/01/98 01/01/13 178.00 03/01/98 78.7 9.550 519.43
800521783 128,000.00 128,000.00 02/22/98 01/22/13 178.75 02/22/98 80.0 8.800 1,283.08
800524019 65,200.00 65,110.32 02/01/98 01/01/28 358.00 04/01/98 80.0 10.100 577.00
800529513 51,000.00 51,000.00 02/28/98 01/28/28 358.95 02/28/98 68.0 11.200 493.41
800534117 143,100.00 142,658.03 02/21/98 01/21/18 238.72 03/21/98 90.0 9.850 1,366.75
800571101 14,000.00 14,000.00 03/27/98 02/27/08 119.93 03/27/98 06.4 10.750 190.87
800604589 90,000.00 90,000.00 03/27/98 02/27/18 239.93 03/27/98 85.7 10.750 913.71
- ---------------------------------------- ---------- ----------------------------
1,934,074.00 1,927,531.96 242.50 74.0 10.148 9,657.27
5100007102 65,312.00 65,069.23 04/06/98 02/11/15 204.16 06/01/98 72.5 9.375 591.95
800413668 75,200.00 75,065.13 02/04/98 12/14/16 226.16 04/01/98 80.0 13.375 840.78
800413924 114,400.00 114,147.00 02/04/98 12/13/17 238.16 04/01/98 77.2 10.750 1,071.98
800418337 52,600.00 52,384.38 02/01/98 12/23/07 118.00 03/01/98 51.5 11.625 685.99
800437329 104,000.00 103,877.79 02/04/98 12/07/22 298.16 04/01/98 80.0 11.000 940.85
800437402 61,300.00 61,148.09 02/01/98 12/19/10 154.00 03/01/98 69.6 12.000 717.76
800440224 89,863.00 89,060.77 02/04/98 12/26/07 118.16 04/01/98 69.1 10.225 1,106.35
800490708 153,400.00 153,114.23 02/04/98 12/08/21 286.16 04/01/98 72.3 8.875 1,189.65
800506933 81,800.00 81,672.60 02/04/98 12/07/22 298.16 04/01/98 61.9 9.350 651.80
800512683 96,500.00 95,705.31 02/04/98 12/26/07 118.16 04/01/98 53.6 11.625 1,258.51
800541831 118,700.00 118,486.60 03/06/98 01/07/22 287.24 05/01/98 69.8 9.100 937.23
800542177 160,000.00 159,651.93 03/06/98 01/12/18 239.24 05/01/98 80.0 10.875 1,511.77
800545964 182,700.00 182,014.23 03/06/98 01/18/13 179.24 05/01/98 84.9 11.875 2,010.22
800578304 54,000.00 53,744.57 03/06/98 01/13/13 179.24 05/01/98 79.4 9.375 516.68
800581217 111,350.00 111,350.00 04/01/98 02/07/18 240.00 04/01/98 85.0 8.875 916.44
800585440 168,300.00 167,319.58 03/06/98 01/21/11 155.24 05/01/98 85.0 10.000 1,782.95
800590457 39,000.00 38,811.30 04/06/98 02/13/13 180.16 06/01/98 43.3 9.125 367.77
5100000230 65,300.00 65,234.63 02/01/98 12/13/15 214.00 03/01/98 79.6 13.625 749.76
5100004026 70,300.00 70,016.89 01/04/98 11/18/12 177.14 03/01/98 58.5 11.125 742.56
5100004398 108,500.00 108,369.70 01/04/98 11/06/22 297.14 03/01/98 63.8 10.875 972.52
5100004505 58,700.00 58,580.47 01/01/98 11/09/17 237.00 02/26/98 65.2 11.375 573.13
5100004612 128,000.00 127,811.08 02/04/98 12/07/22 298.16 04/01/98 80.0 9.670 1,046.23
5100004653 68,800.00 68,689.40 02/04/98 12/13/17 238.16 04/01/98 80.0 13.125 749.64
5100004844 56,300.00 56,286.34 02/01/98 11/28/27 358.00 03/01/98 41.7 12.375 549.59
5100004869 41,100.00 40,758.86 02/04/98 12/26/07 118.16 04/01/98 48.3 11.490 533.08
5100004877 65,600.00 65,153.45 02/01/98 12/20/09 142.00 03/28/98 80.0 9.775 715.70
5100005049 72,600.00 72,249.21 02/01/98 12/04/22 298.00 03/28/98 48.0 9.775 598.33
5100005205 46,100.00 45,703.51 02/04/98 12/26/07 118.16 04/01/98 57.6 10.875 583.06
5100005411 39,900.00 39,739.76 02/01/98 12/23/07 118.00 03/01/98 61.3 11.975 527.78
5100005452 60,000.00 59,568.16 02/01/98 12/20/09 142.00 03/28/98 80.0 8.975 629.41
5100005460 56,500.00 56,340.44 02/04/98 12/14/16 226.16 04/01/98 69.7 9.750 503.23
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 13 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-52 5100005858 WARREN GREGORY R 1371 6TH PLACE SOUTH EDMONDS WA 98020
234-52 5100006021 MILLER-SMITH CHERYL 51-53 MECHANIC STREET NEWTON MA 2164
234-52 5100006112 PHANEUF RICHARD H 9 MONTELLO STREET WORCESTER MA 1603
234-52 5100006286 BANKUS LINDY WAYNE 1436 E STREET SPRINGFIELD OR 97477
234-52 5100006344 CARNAROLI ALBERT P 11 WESTERN AVENUE HOPEDALE MA 1747
234-52 5100006393 HOUSKEEPER LA VAL H 4802 31ST AVENUE SE LACEY WA 98503
234-52 5100006435 WHETSTONE KENNETH L 163 LILAC CIRCLE HERCULES CA 94547
234-52 5100006583 RICHARDSON DANIEL S 266 MAIN STREET NORWELL MA 2061
234-52 5100006617 LUCIER DEBORAH K 19 WILSON ROAD PUTNAM CT 6260
234-52 5100006633 THAMERT TED GEORGE 70439 VALLEY VIEW ROAD ELGIN OR 97827
234-52 5100006799 DUNN LAREE 567 EAST 2ND STREET RINE ID 83443
234-52 5100006898 CHURCH JAMES S 815 S 6TH STREET DAYTON WA 99328
234-52 5100007086 SANFILIPPO SANDRA 13 BENEDICT ROAD BETHEL CT 6801
234-52 5100007508 CRISTY WILLIAM C 6351 NE ARROWHEAD DRIVE BOTHELL WA 98011
234-52 5100007540 SMITH JONATHAN H 26 SILLIMAN ROAD WALLINGFORD CT 6492
234-52 5300000394 GUARDINO ROBERT ANTHONY 1478 DE TRACEY STREET SAN JOSE CA 95128
234-52 5300000485 TRIL ERNESTINE R 670 JOAQUIN AVENUE SAN LEANDRO CA 94577
234-52 5300000527 LUMEN CRAIG ALAN 445 WEST BEECH AVENUE VISALIA CA 93277
234-52 5300000592 GRUBBS CURTIS LAMAR 9682 BELLA VISTA DRIVE MORONGO VAL CA 92256
234-52 5300001103 FITZPATRICK HUGH SAINT 803 MILWOOD AVENUE VENICE CA 90291
234-52 5400000047 SMITH DAVID B 3837 JONES ROAD N BRANCH MI 48461
234-52 5400000070 CAMPBELL CARLTON U 8688 MEADOWLARK LANE BERRIEN SPR MI 49103
234-52 5400000096 HOLLOWAY JAMES 550 COLLEGE AVE SE GRAND RAPID MI 49503
234-52 5400000120 MCMAHON JANET 28767 WALKER AVENUE WARREN MI 48092
234-52 5400000146 KERN KATHY ANN 6500 RIDGEWAY TRAIL LAKE MI 48632
234-52 5400000195 BEECHLER HELEN C 396 S SNOW PRAIRIE RD BRONSON MI 49028
234-52 5400000203 PETERSEN PAUL A 347 W HAMMOND STREET OTSEGO MI 49078
234-52 5400000229 FITTS MICHAEL R 27971 PINE LAKE EDWARDSBURG MI 49112
234-52 5400000443 BLOUGH JOHN ALAN 476 UPTON DR ST JOSEPH MI 49085
234-52 5400000526 GREEN P J 47025 JEFFERSON AVE CHESTERFIEL MI 48047
234-52 5400000534 FRANTTI MICHAEL E 565 CEDAR ST CALUMET MI 49913
234-52 5400000567 SMITH BRIAN K 3610 COLBY AVE SW WYOMING MI 49509
234-52 5400000617 ANDERSON MICHAEL 285 LAKE HILLS DR CONCORD MI 49237
234-52 5400000658 STINSON BRENT A 340 E FIRST STREET OVID MI 48866
234-52 5400000674 HAMPSHIRE MARK 237 MASSOIT ST CLAWSON MI 48017
234-52 5400000732 HICKEY BETTY A 315 N RED BUD TRAIL BUCHANAN MI 49107
234-52 5400000740 BACKMAN STEVEN B 48 POINT MILLS ROAD DOLLAR BAY MI 49922
234-52 5400000856 FAUTH GEORGE GREGORY 505 CHALMERS ST FLINT MI 48503
234-52 5400000872 STOCKFORD TERESA A 3020 WALDRON ROAD HUDSON MI 49247
234-52 5400000971 DRURY JOHN W III 10262 SW TORCH LAKE DRIVE RAPID CITY MI 49676
234-52 5400001037 SCHULCZ WALTER G 225 E MAIN STREET SPRNG ARBOR MI 49283
234-52 5400001193 SIPPOLA BARBARA A 428 SOUTH 7TH STREET ESCANABA MI 49829
234-52 5400001227 STEWART WARREN P 18467 WISCONSIN STREET DETROIT MI 48221
234-52 5400001250 DIBERT SHARON A 405 DIVISION STREET UNION CITY MI 49094
234-52 5400001318 SIMON STEVEN C 3941 GREEN ROAD ST JOHNS MI 48879
234-52 5400001391 JENKINS DOLORES 788 WENDOVER BOULEVARD MUSKEGON MI 49441
234-52 5400001433 HATTEY GEORGE MONSURE JR 433 S HARVEY ROAD JACKSON MI 49201
234-52 5400001458 ONEIL JUDITH A 307 SCHOOLCREST AVENUE CLARE MI 48617
234-52 5700000085 HIRST EDWIN L 2429 MIAMI AVENUE KINGMAN AZ 86401
234-52 800305013 HACKMAN SUSAN 1003 HAYES STREET MONTPELIER ID 83254
234-52 800413130 HOUGHTON ROBERT J 237 EAST ASH STREET NE CEDAR SPRNG MI 49319
234-52 800413858 BILTON JERRY L 2171 WEST MECHANIC ROAD HILLSDALE MI 49242
234-52 800413890 DEVEREAUX CINDY A 4597 MCCAIN ROAD JACKSON MI 49201
234-52 800418311 DYKSTRA JUDY L 1665 DEN HERTOG STREET SW WYOMING MI 49509
234-52 800425415 BARR JOSEPH 50980 GLENWOOD ROAD DOWAGIAC MI 49047
234-52 800437535 CURTIS GORDON W 1055 CRICKLEWOOD DRIVE SW WYOMING MI 49509
234-52 800462038 SCHLABACH IVAN 3636 SE 12TH PLACE OCALA FL 34471
234-52 800584385 SCARFF THOMAS F 190 S 17TH STREET SAN JOSE CA 95112
234-52 800586950 LEE RICHARD KINYENG 2154 VENTURA PLACE SANTA CLARA CA 95051
234-52 5100000511 SHUTTLESWORT DUANE E 1706 GAILLARD ROAD RICHLAND WA 99352
234-52 5100003903 LAMACCHIO JAMES 2112 SE KANE AVENUE GRESHAM OR 98080
234-52 5100004190 DOLPHUS DOUGLAS CARLIN 10498 RAILROAD LANE PAYETTE ID 83661
234-52 5100004208 CLEMENTS BROOKS PAUL JR 2224 DAVIDSON DRIVE IDAHO FALLS ID 83401
234-52 5100004224 HARRISON DUANE R 3780 OREGON AVENUE SPRINGFIELD OR 97478
234-52 5100004265 DAVIS MERLIN R 1659 E MILES AVE HAYDEN ID 83835
234-52 5100004331 OSHAUGHNESSY MICHAEL J 1655 6TH AVENUE CLARKSTON WA 99403
234-52 5100006211 CRAIN PATRICIA M 5630 SW 191ST COURT ALOHA OR 97007
234-52 5100006310 WRIGHT RICHARD B 231 NW BLOSSOM DRIVE GRANTS PASS OR 97526
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5100005858 195,000.00 194,679.91 02/04/98 12/08/21 286.16 04/01/98 79.5 9.670 1,609.95
5100006021 134,900.00 134,430.60 03/06/98 01/16/15 203.24 05/01/98 57.4 10.000 1,271.49
5100006112 91,900.00 91,832.39 03/06/98 12/31/27 359.24 05/01/98 79.9 10.500 775.94
5100006286 64,600.00 64,297.19 03/06/98 01/18/13 179.24 05/01/98 69.3 9.475 621.69
5100006344 66,696.00 66,349.22 03/06/98 01/20/12 167.24 05/01/98 49.0 9.750 672.96
5100006393 97,300.00 97,300.00 03/01/98 01/13/13 179.00 03/01/98 70.0 9.125 917.53
5100006435 135,900.00 135,745.11 03/06/98 01/05/24 311.24 05/01/98 79.9 10.525 1,177.40
5100006583 154,700.00 154,489.63 03/06/98 01/03/25 323.24 05/01/98 70.0 8.975 1,172.85
5100006617 78,200.00 77,507.87 02/04/98 12/26/07 118.16 04/01/98 57.5 10.375 968.79
5100006633 82,100.00 81,673.15 03/06/98 01/20/12 167.24 05/01/98 46.9 9.750 828.38
5100006799 44,170.00 43,953.88 02/04/98 12/19/12 178.16 04/01/98 70.0 9.000 413.48
5100006898 39,375.00 39,352.21 02/04/98 12/01/27 358.16 04/01/98 83.7 11.600 362.69
5100007086 160,900.00 160,737.32 04/06/98 01/26/28 360.16 06/01/98 69.9 9.000 1,194.98
5100007508 153,400.00 153,400.00 04/01/98 02/07/18 240.00 04/01/98 79.6 8.875 1,262.52
5100007540 117,900.00 117,219.78 04/06/98 02/16/11 156.16 06/01/98 81.3 10.125 1,257.05
5300000394 200,800.00 200,649.56 01/04/98 11/03/24 321.14 03/01/98 68.0 12.125 1,947.72
5300000485 204,000.00 203,857.78 02/04/98 12/01/27 358.16 04/01/98 80.0 10.750 1,757.74
5300000527 84,000.00 83,685.95 02/04/98 12/17/14 202.16 04/01/98 80.0 9.320 758.68
5300000592 36,000.00 35,938.05 02/04/98 12/08/21 286.16 04/01/98 80.0 9.375 290.48
5300001103 212,500.00 212,108.64 03/06/98 01/12/18 239.24 05/01/98 85.0 12.125 2,176.74
5400000047 61,900.00 61,609.84 02/04/98 12/19/12 178.16 04/01/98 71.9 9.475 595.71
5400000070 97,600.00 97,387.53 02/04/98 12/16/15 214.16 04/01/98 71.7 12.975 1,079.83
5400000096 87,300.00 87,201.95 02/04/98 12/08/21 286.16 04/01/98 68.7 11.975 852.97
5400000120 97,600.00 96,684.94 02/04/98 12/27/06 106.16 04/01/98 80.0 12.475 1,391.93
5400000146 67,900.00 67,856.37 02/04/98 12/01/27 358.16 04/01/98 79.4 11.125 602.79
5400000195 26,241.00 26,179.18 02/04/98 12/14/16 226.16 04/01/98 34.0 11.225 257.36
5400000203 53,100.00 52,886.68 02/04/98 12/18/13 190.16 04/01/98 71.7 9.795 506.35
5400000229 57,000.00 56,732.81 02/04/98 12/19/12 178.16 04/01/98 67.0 9.475 548.55
5400000443 58,400.00 58,286.89 02/04/98 12/13/17 238.16 04/01/98 85.8 11.750 584.15
5400000526 48,800.00 48,620.51 03/06/98 01/16/15 203.24 05/01/98 49.7 9.475 445.10
5400000534 32,100.00 31,766.48 03/06/98 01/26/07 107.24 05/01/98 71.3 10.475 424.74
5400000567 59,500.00 58,945.69 02/04/98 12/26/07 118.16 04/01/98 70.0 9.475 709.81
5400000617 78,300.00 78,121.19 02/04/98 12/14/16 226.16 04/01/98 62.6 11.475 780.16
5400000658 50,100.00 50,018.64 02/04/98 12/07/22 298.16 04/01/98 67.7 9.100 391.24
5400000674 95,800.00 95,534.99 03/06/98 01/13/17 227.24 05/01/98 79.8 9.920 863.03
5400000732 39,200.00 38,864.79 03/06/98 01/25/08 119.24 05/01/98 81.6 10.975 497.84
5400000740 31,200.00 31,010.75 03/06/98 01/21/11 155.24 05/01/98 69.3 9.475 321.68
5400000856 53,300.00 53,162.22 03/06/98 01/13/17 227.24 05/01/98 85.9 10.475 498.09
5400000872 58,000.00 57,574.77 03/06/98 01/25/08 119.24 05/01/98 76.3 13.600 818.28
5400000971 101,000.00 100,854.49 03/06/98 01/07/22 287.24 05/01/98 79.9 10.475 886.29
5400001037 74,000.00 73,905.98 03/06/98 01/05/24 311.24 05/01/98 70.4 9.920 611.51
5400001193 74,800.00 74,492.23 04/06/98 02/15/12 168.16 06/01/98 83.1 12.475 870.94
5400001227 88,300.00 88,131.25 03/06/98 01/07/18 239.24 05/01/98 88.3 11.850 888.88
5400001250 43,300.00 43,300.00 04/01/98 02/20/08 120.00 04/01/98 57.7 13.725 613.87
5400001318 49,100.00 48,680.15 04/06/98 02/20/08 120.16 06/01/98 39.2 10.975 623.56
5400001391 115,300.00 114,342.18 04/06/98 02/20/08 120.16 06/01/98 41.6 11.475 1,494.55
5400001433 71,800.00 71,658.59 04/06/98 02/07/18 240.16 06/01/98 57.4 11.625 712.45
5400001458 57,800.00 57,765.61 04/06/98 01/26/28 360.16 06/01/98 85.0 11.475 527.32
5700000085 86,000.00 85,901.12 03/06/98 01/06/23 299.24 05/01/98 85.1 11.125 785.19
800305013 39,000.00 38,930.55 01/04/98 11/12/17 237.14 03/01/98 81.9 12.375 405.81
800413130 29,300.00 28,960.57 01/04/98 11/23/08 129.14 03/28/98 36.6 10.125 340.47
800413858 24,800.00 24,442.79 01/04/98 11/25/07 117.14 03/28/98 28.5 9.000 289.94
800413890 55,200.00 54,929.89 01/04/98 11/18/12 177.14 03/01/98 44.1 9.000 516.74
800418311 51,762.00 51,436.02 01/04/98 11/22/09 141.14 03/01/98 51.7 10.875 595.32
800425415 46,500.00 46,174.06 01/04/98 11/18/12 177.14 03/28/98 71.5 9.550 449.45
800437535 48,800.00 48,676.09 01/04/98 11/07/21 285.14 03/28/98 53.6 9.500 397.62
800462038 56,250.00 55,531.66 01/04/98 11/25/07 117.14 03/28/98 90.0 11.125 718.78
800584385 60,000.00 59,425.86 03/06/98 01/25/08 119.24 05/01/98 13.3 9.000 701.46
800586950 136,000.00 135,579.77 03/06/98 01/13/17 227.24 05/01/98 52.3 9.000 1,150.93
5100000511 140,000.00 139,914.83 01/04/98 10/31/27 357.14 03/01/98 80.0 11.375 1,267.40
5100003903 106,400.00 106,225.34 01/04/98 11/07/21 285.14 03/01/98 79.4 9.670 878.46
5100004190 59,953.00 59,629.53 01/04/98 11/18/12 177.14 03/28/98 84.4 12.375 677.51
5100004208 71,500.00 71,163.92 01/04/98 11/18/12 177.14 03/01/98 78.5 9.445 686.91
5100004224 70,799.00 70,376.75 01/04/98 11/21/10 153.14 03/01/98 74.6 9.695 738.34
5100004265 63,900.00 63,805.69 01/04/98 11/06/22 297.14 03/01/98 79.8 9.670 522.30
5100004331 88,200.00 88,011.89 01/04/98 11/12/17 237.14 03/01/98 74.7 11.025 841.66
5100006211 52,100.00 51,799.70 03/06/98 01/06/23 299.24 05/29/98 34.7 9.475 419.31
5100006310 67,900.00 67,567.02 03/06/98 01/18/13 179.24 05/01/98 70.0 8.975 634.69
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 14 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-52 5100006419 WATSON ALLEN W 215 HAWTHORNE DR ROYAL CITY WA 99357
234-52 5100006450 BRADLEY GARY D 29 WOODSIDE DRIVE E FALMOUTH MA 2536
234-52 5100006542 JAMBOR EUGENE R 114 PARK AVENUE MONTVILLE CT 6382
234-52 5100006971 ECKENRODE BRIAN E 10 ELMWOOD AVENUE NORWICH CT 6360
234-52 5300000097 DOMINGUEZ BETTY 36798 HAFNER STREET NEWARK CA 94560
234-52 5300000352 COVERT ANTHONY J 900 CHATEAU WAY BARSTOW CA 92311
234-52 5300001111 BRITTON SHANNA LYNNE 779 CO RD 55 ALTURAS CA 96101
234-52 5400000997 BECKER SHARON L 10272 DOW ROAD MULLIKEN MI 48861
234-52 5400001169 SAXTON ERNEST L JR 28 LUDLAM STREET HILLSDALE MI 49242
234-52 5400001185 WILSON MICHAEL J 4512 NEWBERRY STREET WAYNE MI 48184
234-52 5400001243 GUTOWSKI RICHARD J 1305 BILEDA COURT JACKSON MI 49202
234-52 5400001268 MUELLER PETER T 909 WEST GREIG MADISON HTS MI 48071
234-52 5400001300 ZIMMERMAN PO NINA 12774 HOLTFORTH FENTON MI 48430
234-52 5400001417 COLYER MARK W 7352 OWEN DRIVE KALAMAZOO MI 49009
234-52 5400001474 PETERSON JOHN C 741 BROWN STREET NILES MI 49120
234-52 5100005825 BOOTHROYD ROBERT E UNIT 2 104 FRIEND STREET AMESBURY MA 1913
234-52 5100007235 AMATO JOSEPH JR 427 PLEASANT STREET TEWKSBURY MA 1876
234-52 5100007284 LOPEZ JESSE J JR 2324 SOUTH DOLLNER STREET VISALIA CA 93277
234-52 5100007425 TOMOSON TIMOTHY C 14612 VASHON HIGHWAY SW VASHON WA 98070
234-52 5100007557 KIELY WILLIAM K 137 PHOENIX AVENUE NAUGATUCK CT 6770
234-52 5100013175 SIMMONS ROBERT G 2922 S ADAMS DRIVE MADRAS OR 97741
234-52 5100013183 ADDISON STEPHEN ISAAC 633 10TH STREET CLARKSTON WA 99403
234-52 5100013209 KWOCK TERRY 641 GRANT DRIVE CHOWCHILLA CA 93610
234-52 5100013225 LEIGH ROYAL J 12042 ARLEE AVENUE NORWALK CA 90650
234-52 5100013449 SMAGALA RICHARD 17 BRIGHTON ROAD NAUGATUCK CT 6770
234-52 5100013530 KUDLO STEVEN 23008 WEST 60TH AVENUE MOUNTLAKE T WA 98043
234-52 5400001128 LATUSEK DONALD P. 7947 WHITE RD GRAYLING MI 49738
234-52 5400001292 MCDANIEL MARY P 524 GREEN ST SOUTH HAVEN MI 49090
234-52 5400001359 BENSON LINDA 8080 SPICERVILLE HIGHWAY EATON RAPID MI 48827
234-52 5400001599 MCCABE ARTHUR L III 1205 WILDWOOD AVENUE JACKSON MI 49202
234-52 5400001631 HUNSBERGER SHARON L 57519 ELY ROAD VANDALIA MI 49095
234-52 5400001664 FOREMAN DOROTHY FAYE 57 BABCOCK AVE BATTLE CREE MI 49017
234-52 5400002548 VANDERWEELE JANE 1438 BARNEY ROAD KALAMAZOO MI 49004
234-52 5400002654 KENNY LINDA M. 5968 GRAF RD UNIONVILLE MI 48767
234-52 5400002852 SCHUT NORMAN J 16561 PRETTY LAKE DRIVE MECOSTA MI 49332
234-52 5700000226 SCHOENBERGER PAULA R 6595 EAST 78TH AVENUE COMMERCE CI CO 80022
234-52 5700000275 NELSON BRENDA K 1103 LAKE STREET FORT MORGAN CO 80701
234-52 5700000622 QUICK JULIE ANN 8458 E DESERT STEPPES DR TUCSON AZ 85710
234-52 5700000655 PASANEN EDWARD J 302 E PAPAGO DRIVE FLAGSTAFF AZ 86001
234-52 5700000663 GRILL ROXANNE M 59 W JAMES PLACE SIERRA VIST AZ 85635
234-52 661547372 PIKE JAMES D 706 WILLARD AVE ANTIGO WI 54409
234-52 661548271 CONKLIN GREG L 15 NORTH SMITH STREET PERU IN 46970
234-52 661551556 ROBERTS DONNA J 1355 CEDAR KNOLL DRIVE N VERNON IN 47265
234-52 661552901 STAMPER MARGARET J 1024 WILBURN STREET FLATWOODS KY 41139
234-52 661560391 WENNING SHIRLEY J 2426 WEST SHEFFIELD MUNCIE IN 47304
234-52 661563825 BOEDE MICHAEL J 65 WEST COTTON STREET FOND DU LAC WI 54935
234-52 661564336 DEROLF BRENDA 7416 GRAND AVE HAMMOND IN 46323
234-52 661566422 BETSON MARIA VINEYARD 12312 WEST KINGS GATE DR CONCORD TN 37922
234-52 661568527 AHLERT KENNETH E 1189 HEIL STREET WATERLOO WI 53594
234-52 661573451 MALECKY ANNA M 9807 10TH AVENUE SOUTH BLOOMINGTON MN 55420
234-52 661573527 STOGSDILL SHERMAN JR 116 LINCOLN AVE BROWNSBURG IN 46112
234-52 661576405 ODONNELL RITA Y 709 N WILDWOOD AVE CRANDON WI 54520
234-52 661576579 TEASDALE DAVID A 238 NORTH LAFAYETTE GRIFFITH IN 46319
234-52 661578427 SIGH JIMMIE L 1718 NORTH ELMER STREET SOUTH BEND IN 46628
234-52 661579540 BORKOWSKI GARY R 3371 S 63RD ST MILWAUKEE WI 53219
234-52 661605279 HUNT THOMAS W 181 PINEHURST DRIVE ECONOMY PA 15042
234-52 661628586 SHERRILL PHILIP R 838 SEVENTH STREET PENN HILL PA 15147
234-52 661550053 MARTIN WILLIAM S 701 JEFF DRIVE KOKOMO IN 46901
234-52 661562736 TROUBLEFIELD CLARENCE LEI 136 LEONARD AVENUE NEPTUNE NJ 7753
234-52 661566588 VAN PRICE GREGORY J 1002 LOTUS LANE WAUSAU WI 54401
234-52 661568261 KORNACKI ROBERT W 2144 HAMPSHIRE PIKE COLUMBIA TN 38401
234-52 661570937 WOOD DON 511 EAST KOHLMETZ STREET MUNCIE IN 47303
234-52 661577973 HABECK DAVID 438 DEWEY ST WISCONSIN R WI 54494
234-52 661578344 HITZ ROBERT D 1425 SOUTH 5TH STREET LAFAYETTE IN 47905
234-52 661579425 DRIVER ROSIE J 839 W 50TH ST CHICAGO IL 60609
234-52 661580308 MARTINO ANDREW 206 BREMAN AVENUE MATTYDALE NY 13211
234-52 661581470 DAVIS GEORGE E 260-11 EAST WILLISTON AVEN FLORAL PARK NY 11001
234-52 661582015 PEPLOW RAYMOND A 110 WILLOW COURT EAST PEORIA IL 61611
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5100006419 59,600.00 59,600.00 03/01/98 12/26/27 359.00 03/01/98 84.3 11.625 550.04
5100006450 96,000.00 95,276.02 03/06/98 01/28/08 119.24 05/01/98 84.2 13.125 1,329.39
5100006542 64,200.00 64,072.97 03/06/98 01/12/18 239.24 05/01/98 46.5 11.590 635.60
5100006971 86,100.00 85,864.34 03/06/98 01/12/18 239.24 05/01/98 70.0 9.100 720.12
5300000097 49,400.00 49,173.62 01/04/98 11/13/16 225.14 03/28/98 26.7 9.125 421.68
5300000352 56,500.00 56,076.29 01/04/98 11/23/08 129.14 03/01/98 75.3 10.525 668.43
5300001111 91,150.00 90,835.35 03/06/98 01/15/16 215.24 05/01/98 67.5 9.000 787.82
5400000997 64,000.00 63,848.41 03/06/98 01/07/18 239.24 05/01/98 80.0 10.225 578.88
5400001169 45,000.00 44,789.05 03/06/98 01/18/13 179.24 05/01/98 69.7 9.475 433.07
5400001185 71,100.00 70,526.29 03/06/98 01/25/08 119.24 05/01/98 71.1 11.975 940.48
5400001243 39,000.00 38,887.85 03/06/98 01/08/17 227.24 05/01/98 71.5 9.600 343.87
5400001268 65,000.00 64,883.13 04/06/98 02/02/22 288.16 06/01/98 69.8 9.100 513.23
5400001300 140,300.00 140,190.47 04/06/98 01/26/28 360.16 06/01/98 80.1 10.225 1,158.06
5400001417 85,600.00 85,412.93 04/06/98 02/07/18 240.16 06/01/98 77.8 10.840 806.92
5400001474 54,800.00 54,735.61 04/06/98 02/01/23 300.16 06/01/98 73.0 11.000 495.75
5100005825 98,200.00 97,776.04 04/06/98 02/13/13 180.16 06/01/98 84.9 10.375 994.85
5100007235 69,100.00 68,452.61 04/06/98 02/20/08 120.16 06/01/98 69.1 9.375 820.85
5100007284 77,500.00 76,823.81 04/06/98 02/20/08 120.16 06/01/98 63.5 10.625 970.13
5100007425 114,575.00 114,575.00 04/01/98 02/13/13 180.00 04/01/98 63.6 9.975 1,134.75
5100007557 83,800.00 83,570.64 04/06/98 02/07/18 240.16 06/01/98 68.6 9.100 700.88
5100013175 95,058.00 95,058.00 04/01/98 02/07/18 240.00 04/01/98 77.2 10.375 868.59
5100013183 50,300.00 50,207.77 04/06/98 02/07/22 288.16 06/01/98 69.3 8.975 393.22
5100013209 62,610.00 62,542.29 04/06/98 02/01/23 300.16 06/01/98 70.3 11.475 586.36
5100013225 61,200.00 61,087.77 04/06/98 02/07/22 288.16 06/01/98 42.9 8.975 478.44
5100013449 123,108.00 122,872.41 04/06/98 02/07/18 240.16 06/01/98 84.9 11.840 1,238.49
5100013530 86,700.00 86,478.08 04/06/98 02/07/18 240.16 06/01/98 63.0 9.625 752.46
5400001128 52,500.00 52,446.64 04/06/98 01/31/28 360.16 06/01/98 72.9 8.975 389.04
5400001292 70,700.00 70,430.85 04/06/98 02/13/13 180.16 06/01/98 76.0 11.725 771.63
5400001359 72,200.00 71,883.96 04/06/98 02/18/13 180.16 06/01/98 84.9 10.225 725.28
5400001599 72,000.00 72,000.00 04/01/98 01/26/28 360.00 04/01/98 90.0 11.840 675.43
5400001631 32,100.00 32,035.39 04/06/98 02/13/17 228.16 06/01/98 85.6 12.475 340.19
5400001664 43,300.00 43,122.09 04/06/98 02/18/13 180.16 06/01/98 86.6 10.910 451.97
5400002548 127,400.00 126,265.92 04/06/98 02/25/08 120.16 06/01/98 80.6 10.275 1,571.76
5400002654 51,700.00 51,700.00 04/01/98 02/01/23 300.00 04/01/98 76.0 10.725 458.25
5400002852 107,300.00 107,203.22 04/06/98 02/06/23 300.16 06/01/98 86.1 12.500 1,079.89
5700000226 75,200.00 75,200.00 04/01/98 02/07/18 240.00 04/01/98 81.7 9.250 635.69
5700000275 63,750.00 63,430.99 04/06/98 02/13/13 180.16 06/01/98 75.0 8.750 588.06
5700000622 79,900.00 79,786.09 04/06/98 02/01/23 300.16 06/01/98 85.0 9.875 663.67
5700000655 70,700.00 70,346.21 04/06/98 02/18/13 180.16 06/01/98 71.4 8.750 652.17
5700000663 52,500.00 52,500.00 04/01/98 02/08/17 228.00 04/01/98 78.3 9.750 467.60
661547372 38,900.00 38,570.22 01/04/98 11/25/07 117.14 03/01/98 86.4 11.125 497.08
661548271 36,000.00 35,687.70 01/04/98 11/22/07 117.14 03/01/98 90.0 10.725 452.51
661551556 43,600.00 43,518.35 01/04/98 11/09/17 237.14 03/01/98 79.2 12.000 443.10
661552901 29,700.00 29,457.04 01/04/98 11/22/07 117.14 03/28/98 84.8 11.875 391.28
661560391 46,200.00 45,581.80 01/04/98 11/20/11 165.14 04/26/98 68.4 10.125 475.74
661563825 54,200.00 54,076.74 01/04/98 11/09/17 237.14 03/01/98 75.2 10.537 500.69
661564336 54,400.00 54,358.88 01/04/98 10/28/27 357.14 03/01/98 80.0 10.375 454.63
661566422 72,600.00 71,580.05 01/04/98 11/25/07 117.14 03/28/98 79.7 9.445 864.99
661568527 64,800.00 64,268.84 01/04/98 11/18/10 153.14 03/28/98 68.2 10.875 717.66
661573451 40,300.00 40,131.34 01/04/98 11/15/12 177.14 04/26/98 40.3 10.875 419.84
661573527 68,000.00 67,891.32 01/04/98 11/06/22 297.14 03/01/98 75.5 9.195 535.12
661576405 66,400.00 66,217.56 01/04/98 11/09/17 237.14 03/01/98 80.0 9.070 554.17
661576579 82,400.00 82,283.57 01/04/98 11/05/23 309.14 03/01/98 78.4 9.320 648.75
661578427 30,500.00 30,090.56 01/04/98 11/22/07 117.14 03/28/98 52.1 10.250 375.89
661579540 78,800.00 78,384.07 01/04/98 11/17/11 165.14 03/01/98 79.5 9.570 787.29
661605279 102,000.00 101,910.04 01/04/98 11/03/22 297.14 03/28/98 85.0 12.625 1,035.34
661628586 45,900.00 45,476.01 03/06/98 01/20/08 119.24 05/01/98 64.6 9.625 551.05
661550053 88,200.00 87,844.79 02/04/98 12/16/12 178.16 04/01/98 71.1 11.125 931.64
661562736 51,500.00 51,391.60 02/04/98 12/10/17 238.16 04/01/98 62.0 11.125 494.69
661566588 45,100.00 44,984.56 02/04/98 12/10/17 238.16 04/01/98 69.3 9.625 391.42
661568261 111,240.00 111,017.24 03/06/98 01/07/18 239.24 05/01/98 90.0 11.500 1,094.94
661570937 34,500.00 34,460.33 03/06/98 01/01/23 299.24 05/01/98 76.6 11.125 314.99
661577973 55,800.00 55,693.58 02/04/98 12/10/17 238.16 04/01/98 90.0 11.865 562.25
661578344 52,800.00 52,655.95 02/04/98 12/10/17 238.16 04/01/98 62.8 9.125 442.39
661579425 62,700.00 62,441.91 02/04/98 12/16/12 178.16 04/01/98 89.5 10.890 653.74
661580308 51,800.00 51,671.61 02/04/98 12/10/17 238.16 04/01/98 79.6 9.875 457.43
661581470 193,600.00 193,142.93 02/04/98 12/10/17 238.16 04/01/98 80.0 10.250 1,754.10
661582015 151,200.00 150,791.12 02/04/98 12/10/17 238.16 04/01/98 80.0 9.195 1,273.17
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL I
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 15 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
234-52 661583443 GABRIEL JAMES DAVID 2810 WASHINGTON LANE THOMPSONS S TN 37179
234-52 661591024 HOLBROOK BILLIE RAY 2721 WOODCROFT ROAD COLUMBUS OH 43204
234-52 661591123 RANKINS CHARLES T 252 WEST DANE STREET MOUNT AUBUR IL 62547
234-52 661592501 EGGLESTON BRADLEY C 316 BUTTERFIELD AVENUE WATERTOWN NY 13601
234-52 661593483 STRONG REGINALD S 6321 BABELAY RD KNOXVILLE TN 37924
234-52 661594689 GOYEN GREG 207 SARATOGA ROAD NORMAL IL 61761
234-52 661595157 WALKER TAMRA L 1903 LOGAN ST MURPHYSBORO IL 62966
234-52 661595272 OHM RANDALL J 1225 GERMAN STREET SOUTH NEW ULM MN 56073
234-52 661595975 LIVINGSTON LAURIE J 1415 OHIO STREET TERRE HAUTE IN 47807
234-52 661598573 PLANT RICHARD A 506 NORTH SAINT CLAIR ST GIRARD OH 44420
234-52 661598706 RICHEY BARRY W 6105 DEER RUN ROAD MIDDLETOWN OH 45044
234-52 661598730 CLEM DENNIS W 1530 GALAXY DRIVE MOGADORE OH 44260
234-52 661600106 PETERS FRANCES 327 N OHIO STREET CAMP POINT IL 62320
234-52 661600122 GROAT WILLIAM P 1508 S 3RD ST PEKIN IL 61554
234-52 661601153 MCMANUS PATRICK D 4730 METROPOLIS LAKE ROAD W PADUCAH KY 42086
234-52 661601187 HARMON MICHAEL W 4206 N CHELSEA PL PEORIA IL 61614
234-52 661601724 THOMSON KATHERINE 188 SCOTTSVILLE ROAD ROCHESTER NY 14611
234-52 661603134 ADAMS JEFFREY CREIGHTON 323 WATER STREET BETHEL OH 45106
234-52 661605220 MURRELL ROBERT K 484 HIGH STREET LOCKPORT NY 14094
234-52 661605485 RATLIFF JEROME E 1914 LOMBARD AVENUE BERWYN IL 60402
234-52 661606533 YOUNG RONALD 705 SOUTH GRANT STREET SOUTH BEND IN 46619
234-52 661608133 STILWELL EDYTH A 1225 KING AVE SEYMOUR IN 47274
234-52 661610048 BIRES GEORGE T 1656 GLENBROOK TOLEDO OH 43614
234-52 661610279 PLACKE THOMAS J 2927 KLING AVENUE CINCINNATI OH 45211
234-52 661611673 CASTILLO JOSEPH M 2806 NOTTINGHAM DRIVE PARMA OH 44134
234-52 661615260 URANI SUSAN M 1344 ROSE AVENUE CAROL STREA IL 60188
234-52 661618769 LAFRATTA DONALD J 70 INDIAN CHURCH ROAD BUFFALO NY 14210
234-52 661618793 RATTIGAN EDWARD W 484 OLD STATE ROAD TOWN OF KIR NY 13904
234-52 661620997 NAUGLE DONNA 306 SARATOGA STREET CONEMAUGH T PA 15902
234-52 661621045 KESZTHELYI LASZLO 21 WALTON ROAD BOROUGH OF NJ 7843
234-52 661621482 POWELL RAYMOND E 309 FOSTER STREET SOTHWEST GR PA 15601
234-52 661623819 FORCE RUTH 1540 FAIRVIEW AVENUE BERWICK PA 18603
234-52 661624601 BENSON KEITH W 17 SCHOOL HOUSE LANE WARWICK PA 17543
234-52 661627398 MARTIN JOHN 1314 SOUTH STREET POTTSTOWN PA 19464
234-52 661627448 NUTT PAMULA A 139 NORTH FIFTH STREET ALLEGANY NY 14706
234-52 661628149 KOCH JAY N 634 SOUTH QUEEN STREET YORK PA 17403
234-52 661628156 BRENNAN CHRISTOPHE P 127 WEST WATER STREET MIDDLETOWN PA 17057
234-52 661629162 ROOS RICHARD 167 LAIRD STREET TOWNSHIP & PA 18705
234-52 661629170 PORTER ANN K 100 SUNSET DRIVE BOROUGH OF PA 15146
234-52 661630814 HILDEBRAND WAYNE C 4187 APPLE ST FELTON PA 17322
234-52 661576850 THORNE TWILA D 925 BARNETT VINCENNES IN 47591
234-52 661595876 HUTCHINSON TERRENCE L 517 N 3RD ST DUPO IL 62239
234-52 661623090 CLEMENTS BERNICE 714 WEST 2ND STREET CHESTER PA 19013
234-52 661628982 MYERS ALFRED R JR 3 MEDITATION WAY TOWN OF WILTON SARA NY 12866
234-52 661631721 PETTEYS LYNNE J 210 HARRISON STREET PORT ALLEGA PA 16743
234-52 661631739 BISCHOF CRAIG S 714 GREEN LANE BOROUGH OF PA 15522
234-52 661631754 LIVOTO JOSEPH M 416 3RD AVENUE CITY OF OLE NY 14760
234-52 661631846 WRIGHT DALE S 2 ELIZABETH ST NORTH HANOV NJ 8562
234-52 661632737 CROSS NANCY J 103 ROBLAN DR WEST NEWTON PA 15089
234-52 661633479 ARCHIBALD VICTOR 16 CHEEMAUN TRAIL RIDGE NY 11961
234-52 661634444 BELPANNO VALERIE 209 33RD STREET LINDENHURST NY 11757
234-52 661635052 SMITH JOHN F 26 WOODSTONE DR GREENSBURG PA 15601
234-52 661618645 PITALE LOUIS IV 408 SOUTH SECOND AVENUE ABSECON NJ 8201
234-52 661628974 ILCYN JOHN JR 111 COVERDALE ROAD BUTLER TOWN PA 16001
234-52 661629477 HARTWEG BERNARD 904 CHASE DR CONEWANGO PA 16365
234-52 661631770 FUTTY GLENN R 882 HILLTOP DRIVE HEMPFIELD PA 17552
234-52 661634410 HUNTER DEBRA L 14 E CENTER ST DANVILLE PA 17821
234-52 661635516 SEVER WILLIAM D 115 EVANSTOWN ROAD HERMINIE PA 15637
------------------------------------------------
225 Sale Total
1,000 Grand Total Sub-Pool I
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661583443 142,300.00 142,000.48 02/04/98 12/10/17 238.16 04/01/98 86.2 11.125 1,366.88
661591024 77,400.00 77,058.07 02/04/98 12/16/12 178.16 04/01/98 81.4 10.125 773.13
661591123 35,600.00 35,275.78 03/06/98 01/20/08 119.24 05/01/98 84.7 9.875 431.92
661592501 54,400.00 54,182.05 02/04/98 12/10/17 238.16 04/29/98 79.4 9.320 462.14
661593483 39,100.00 38,746.44 03/06/98 01/20/08 119.24 05/01/98 43.4 10.000 476.87
661594689 80,100.00 79,881.46 03/06/98 01/07/18 239.24 05/01/98 69.6 9.125 671.13
661595157 51,200.00 51,070.12 03/06/98 01/07/18 239.24 05/01/98 80.0 9.695 446.53
661595272 82,400.00 82,204.07 02/04/98 12/10/17 238.16 04/01/98 80.0 10.195 743.79
661595975 43,800.00 43,420.58 03/06/98 01/20/08 119.24 05/01/98 79.6 10.750 551.12
661598573 65,500.00 65,143.54 03/06/98 01/16/11 155.24 05/01/98 85.0 10.875 725.42
661598706 116,400.00 116,085.23 02/04/98 12/10/17 238.16 04/01/98 80.0 9.195 980.14
661598730 43,900.00 43,787.64 03/06/98 01/07/18 239.24 05/01/98 41.8 9.625 381.00
661600106 13,800.00 13,766.56 03/06/98 01/08/17 227.24 05/01/98 45.2 11.000 133.42
661600122 59,200.00 59,057.95 03/06/98 01/07/18 239.24 05/01/98 80.0 10.125 531.83
661601153 58,100.00 57,809.26 03/06/98 01/13/13 179.24 05/01/98 70.0 8.750 535.94
661601187 68,000.00 67,953.86 04/06/98 01/26/28 360.16 06/01/98 80.0 10.875 591.82
661601724 41,000.00 40,870.01 02/04/98 12/10/17 238.16 04/29/98 74.5 11.125 393.83
661603134 48,300.00 48,161.81 03/06/98 01/07/18 239.24 05/01/98 70.0 8.750 393.96
661605220 77,400.00 77,078.76 02/04/98 12/16/12 178.16 04/29/98 90.0 10.875 806.34
661605485 62,600.00 62,429.21 03/06/98 01/07/18 239.24 05/01/98 67.3 9.125 524.50
661606533 51,700.00 51,607.82 03/06/98 01/07/18 239.24 05/01/98 83.3 12.365 537.62
661608133 62,700.00 62,423.00 02/04/98 12/16/12 178.16 04/01/98 83.6 10.125 626.30
661610048 80,800.00 80,624.23 03/06/98 01/07/18 239.24 05/01/98 87.8 10.875 763.44
661610279 66,800.00 66,498.06 03/06/98 01/13/13 179.24 05/01/98 80.0 9.875 657.82
661611673 100,000.00 99,775.93 03/06/98 01/07/18 239.24 05/01/98 77.2 10.650 930.81
661615260 132,800.00 132,454.60 03/06/98 01/07/18 239.24 05/01/98 71.0 9.500 1,142.53
661618769 52,700.00 52,532.24 02/04/98 12/11/16 226.16 04/01/98 70.2 8.750 438.31
661618793 83,700.00 83,330.23 02/04/98 12/16/12 178.16 04/01/98 74.7 10.125 836.06
661620997 38,900.00 38,830.73 02/04/98 12/10/17 238.16 04/01/98 77.8 12.375 404.77
661621045 61,100.00 60,956.30 02/04/98 12/11/16 226.16 04/01/98 45.2 11.240 599.82
661621482 47,100.00 46,971.88 03/06/98 01/12/14 191.24 05/01/98 79.8 13.625 557.37
661623819 39,600.00 39,506.39 03/06/98 01/07/18 239.24 05/01/98 58.2 10.240 358.55
661624601 68,300.00 68,188.33 03/06/98 01/02/22 287.24 05/01/98 79.8 9.695 564.99
661627398 78,350.00 78,155.82 03/06/98 01/07/18 239.24 05/01/98 86.0 9.875 691.88
661627448 118,000.00 117,873.50 03/06/98 01/01/23 299.24 05/01/98 86.7 11.525 1,109.09
661628149 30,100.00 29,819.98 03/06/98 01/20/08 119.24 05/01/98 73.8 9.500 359.46
661628156 90,000.00 89,795.10 03/06/98 01/08/17 227.24 05/01/98 88.2 11.500 898.15
661629162 130,000.00 129,794.58 03/06/98 01/08/18 239.24 05/01/98 76.0 13.250 1,427.19
661629170 58,200.00 57,669.97 03/06/98 01/20/08 119.24 05/01/98 84.3 9.875 706.11
661630814 96,300.00 96,153.11 04/06/98 02/02/22 288.16 06/01/98 80.9 10.125 823.19
661576850 56,600.00 56,457.45 04/06/98 02/12/18 240.16 06/01/98 84.4 9.750 495.51
661595876 50,400.00 50,266.80 04/06/98 02/07/18 240.16 06/01/98 78.7 9.375 429.82
661623090 26,000.00 25,929.85 04/06/98 02/13/17 228.16 06/01/98 78.7 10.125 237.44
661628982 104,000.00 103,609.63 04/06/98 02/18/13 180.16 06/01/98 86.6 11.875 1,144.30
661631721 24,600.00 24,539.02 04/06/98 02/12/18 240.16 06/01/98 70.2 9.875 217.24
661631739 43,200.00 42,876.62 04/06/98 02/25/08 120.16 06/01/98 74.4 13.250 601.18
661631754 39,000.00 38,654.81 04/06/98 02/25/08 120.16 06/01/98 60.0 10.375 483.16
661631846 95,000.00 94,621.85 04/06/98 02/18/13 180.16 06/01/98 80.5 11.250 1,010.38
661632737 49,100.00 48,623.52 04/06/98 02/25/08 120.16 06/01/98 70.1 8.750 567.92
661633479 107,100.00 106,896.01 04/06/98 02/12/18 240.16 06/01/98 85.0 11.875 1,079.85
661634444 65,800.00 65,743.48 04/06/98 01/31/28 360.16 06/01/98 52.2 9.776 522.97
661635052 106,400.00 105,444.70 04/06/98 02/25/08 120.16 06/01/98 75.4 10.125 1,304.49
661618645 91,200.00 91,036.69 02/04/98 12/05/21 286.16 04/01/98 70.1 9.125 721.52
661628974 136,300.00 135,058.70 03/06/98 01/20/08 119.24 05/01/98 87.9 9.875 1,653.66
661629477 79,900.00 79,202.86 03/06/98 01/20/08 119.24 05/01/98 64.9 10.625 1,000.18
661631770 68,700.00 68,361.17 04/06/98 02/15/12 168.16 06/01/98 65.4 10.375 717.02
661634410 62,200.00 61,937.59 04/06/98 02/18/13 180.16 06/01/98 54.5 10.625 639.04
661635516 48,300.00 48,093.67 04/06/98 02/18/13 180.16 06/01/98 74.3 10.490 492.49
----------------------------- ------- ------------------------------
17,019,312.00 16,960,239.55 225.87 73.6 10.472 166,971.25
70,151,715.00 70,000,198.22 260.87 76.7 10.764 683,042.89
</TABLE>
<PAGE>
EXHIBIT H-2
MORTGAGE LOAN SCHEDULE FOR SUB-POOL II
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 1 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-01 800216723 GARNER JAMES C 39547 LINDSEY WAY MECHANICSVI MD 20659
235-01 800291429 SCARBROUGH JOHN R 2834 SOUTHWEST 51ST STREET CAPE CORAL FL 33914
235-01 800292278 PRICE TERRY B 3437 WEST DENTON CIRCLE WEST JORDAN UT 84084
235-01 800292500 SMITH KATHRYN 217 NORTH BROAD STREET MIDDLETOWN DE 19709
235-01 800297723 POTTLE JODI A 9 CONSTITUTION AVENUE DOYLESTOWN PA 18901
235-01 800302572 SAHEID MOHAMED 84-06 95TH AVENUE OZONE PARK NY 11416
235-01 800316234 MINKARA BILLIE ZIAD 111 IDLEWOOD AVENUE KENNESAW GA 30144
235-01 800331159 PATTON KENNETH C 160 VALLEY ROAD KATONAH NY 10536
235-01 800336323 DELMAZIO PHILIP S. 41-43 RIVER STREET NEW CANAAN CT 06840
235-01 800338295 DRAGO STEPHEN J 4 ZECK COURT STATEN ISLA NY 10314
235-01 800339996 ESCOBAR AMBROSIO 8964 SCOTT STREET SPRINGFIELD VA 22153
235-01 800347833 MCMANUS RONALD 3 ALDEN ROAD MONROE NY 10950
235-01 800352734 LEE IN YOON 43-66 160TH STREET FLUSHING NY 11358
235-01 800358103 HOOSEIN FIZAL 215-01 89TH AVENUE QUEENS VILL NY 11428
235-01 800363954 COLELLA DIANE M 5120 SPARKLING DRIVE LAS VEGAS NV 89130
235-01 800365983 WILLIAMS ARLENE 908 ELTON STREET BROOKLYN NY 11208
235-01 800372450 FARRELL RACHEL A 26 UNION PLACE YONKERS NY 10701
235-01 800378853 NELSON TODD A 1085 EAST GROVE CREEK DRIV PLEASANT GR UT 84062
235-01 800382087 NORTH CHARLES Z 3708 MARKET STREET OAKLAND CA 94608
235-01 800391302 POPE WAYNE J 8 TOWER HILL AVENUE SHELTER ISL NY 11965
235-01 800396277 JORGE FERNANDO C 20 WARNER STREET HARTFORD CT 06114
235-01 800396640 LADEN JOHN J III 12 SHERWOOD WAY LANDING NJ 07850
235-01 800398729 STEVENS CHARLES E 1739 NORTH ELLISON CIRCLE WAYNESBORO VA 22980
235-01 800401168 NUSSBAUM JACOB 57 RICHARD STREET TENAFLY NJ 07670
235-01 800401226 MINKARA BILLIE ZIAD 401 IDLEWOOD AVENUE KENNESAW GA 30144
235-01 800401762 STONE CLINTON H 209 EPPIRT STREET EAST ORANGE NJ 07018
235-01 800402265 RICCIO ANTHONY JR 590 RIDGE ROAD WETHERSFIEL CT 06109
235-01 800405987 PRESSLEY EMILY M 1721 WINDSOR AVENUE LANCASTER PA 17601
235-01 800407132 COLLINS KENNETH V 1238 EAST SHRYER AVENUE MAPLEWOOD MN 55109
235-01 800407447 DAY JOAN CONSTANCE 789 EAST LA SALLE HERNANDO FL 34442
235-01 800408924 JOHNSON TRAMPUS S 4879 JOAN AVENUE MIDDLEBURG FL 32068
235-01 800410011 PHILLIPS JAMES M 1006 SANDPIPER LANE ANNAPOLIS MD 21403
235-01 800410474 SUSSINA VICTOR SR 503 HUMMINGBIRD LANE LAKEVILLE PA 18438
235-01 800411142 BOTTENFIELD DAVID 85-36 152ND STREET BRIARWOOD NY 11432
235-01 800412470 CARICO JERRY LEE 4217 FAIRWOOD DRIVE TRINITY NC 27370
235-01 800412694 RENTAS RADAMES 82 TOILSOME AVENUE NORWALK CT 06857
235-01 800413304 SZIPOCS WILLIAM S 154 LOCUST DRIVE MILFORD PA 18337
235-01 800416141 STEVENS THERESA A 69 BAYCREST AVENUE WESTHAMPTON NY 11977
235-01 800416521 BRAVO LOIRA 1164 HALEY STREET BROOKLYN NY 11207
235-01 800420457 MOORE JIMMY D 3125 LANIER ROAD ZEPHYRHILLS FL 33541
235-01 800421729 CARROLL DIANE 22 TEAL WAY NISSEQUOGUE NY 11780
235-01 800422172 WHYTE HOPE S 19 HANSBOROUGH STREET DORCHESTER MA 02124
235-01 800424947 SMITH ISILDA 184 RHODE ISLAND AVENUE EAST ORANGE NJ 07018
235-01 800424962 TORRES NORMA S 152 BLOOMINGDALE STREET CHELSEA MA 02150
235-01 800426330 POWELL ALTHEA S RD 1 BOX 389 LINCOLN DE 19960
235-01 800426421 COLDREN JOHN P 105 YORK AVENUE TOWANDA PA 18848
235-01 800426702 TU HIEU TRUNG 94-12 87TH STREET OZONE PARK NY 11416
235-01 800428401 RAFTOVICH PEGGY 207 TOMAHAWK DRIVE LANCASTER PA 17516
235-01 800428450 BYRD JAMES BRIAN 1738 POOLETOWN ROAD ASHEBORO NC 27203
235-01 800428476 PECORARO JARRAD J 1297 COTTAGE GROVE ROAD TARPON SPRI FL 34689
235-01 800429268 GREENE THERESA 89-20 197TH STREET JAMAICA NY 11423
235-01 800429300 HOOD PANZARINA DENISE 190 MACDOUGAL STREET BROOKLYN NY 11233
235-01 800431140 MCCLINTIC ALBERT 6315 102 TERRACE NORTH PINELLAS PK FL 33782
235-01 800431710 OHARA THOMAS J 24 PRINCETON DRIVE SYOSSET NY 11791
235-01 800435521 GUZMAN TOMAS 86 YORK STREET BUFFALO NY 14213
235-01 800435661 LEE JAMES 1328 SOUTHEAST 4TH AVENUE MELROSE FL 32666
235-01 800435901 DEGN PETER S 5352 SOUTH LUCKY CLOVER LN MURRAY UT 84123
235-01 800436438 SCHARDT HELEN ELIZABETH 212 SPRING AVENUE LUTHERVILLE MD 21093
235-01 800441263 COLTER ROBERT B 5887 SOUTH 2100 WEST ROY UT 84067
235-01 800442683 LEITCH GERALD A 39 BELLE AVENUE LK RONKONKO NY 11779
235-01 800443814 BROTZMAN DOROTHY RR 1 BOX 257AB MONROETON PA 18832
235-01 800445678 BELL TARA W 31 OVERHILL ROAD SUMMIT NJ 07901
235-01 800445926 OZZELLO ROBERT J 79 LARCH ROAD BRIARCLIFF NY 10510
235-01 800446676 RODGERS MICHAEL P 1032 CAPIE POLK DRIVE SPRINGFIELD PA 19064
235-01 800446940 STINSON LEONARD 1651 S GORDON STREET SW ATLANTA GA 30310
235-01 800447013 REINHART MICHAEL K 309 MILLER STREET STRASBURG PA 17579
235-01 800448094 CLAIR VERONICA E 4350 PINE STREET WILMINGTON DE 19802
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800216723 29,300.00 28,308.77 07/04/97 06/04/07 111.12 03/04/98 90.0 12.050 421.22
800291429 23,000.00 22,966.33 11/22/97 10/22/12 175.73 03/22/98 78.8 14.000 272.52
800292278 16,150.00 16,081.17 10/01/97 09/01/12 174.00 04/01/98 89.8 11.600 161.17
800292500 241,400.00 241,400.00 10/01/97 09/01/12 174.00 03/01/98 85.0 11.500 2,390.56
800297723 33,000.00 32,868.83 11/06/97 10/06/17 235.20 03/06/98 65.6 10.950 339.50
800302572 186,150.00 186,150.00 10/12/97 09/12/12 174.41 02/12/98 85.0 12.500 1,986.70
800316234 39,000.00 38,959.26 11/04/97 10/04/12 175.13 02/04/98 65.0 11.150 375.83
800331159 71,950.00 71,219.29 10/04/97 09/04/07 114.15 03/04/98 79.9 14.350 1,132.33
800336323 68,000.00 66,940.80 10/25/97 09/25/12 174.84 03/25/98 70.0 10.850 639.88
800338295 128,000.00 127,683.52 11/03/97 10/03/27 355.10 03/03/98 80.0 10.250 1,147.01
800339996 35,000.00 34,671.51 11/14/97 10/14/07 115.46 02/14/98 76.1 11.850 499.12
800347833 18,600.00 18,445.42 12/07/97 11/07/12 176.25 03/07/98 84.9 11.950 222.63
800352734 50,000.00 49,765.78 01/05/98 12/05/12 177.17 03/05/98 84.3 11.850 595.27
800358103 33,300.00 33,300.00 12/01/97 11/01/12 176.00 03/01/98 65.8 12.350 351.53
800363954 29,400.00 29,218.82 11/01/97 10/01/12 175.00 03/01/98 84.9 12.100 354.74
800365983 137,900.00 137,900.00 10/19/97 09/19/12 174.64 02/19/98 70.0 10.850 1,297.65
800372450 99,900.00 99,889.77 01/08/98 12/08/27 357.27 03/08/98 90.0 11.900 1,019.90
800378853 33,000.00 33,000.00 11/01/97 10/01/12 175.00 03/01/98 81.3 11.000 314.27
800382087 50,000.00 49,963.78 11/10/97 10/10/12 175.33 02/10/98 79.7 10.950 474.28
800391302 50,000.00 50,000.00 01/02/98 12/02/12 177.07 03/02/98 46.5 12.490 533.24
800396277 90,900.00 90,797.10 01/08/98 12/08/12 177.27 03/08/98 69.9 9.900 791.00
800396640 17,000.00 16,677.15 11/28/97 10/28/07 115.92 03/28/98 89.7 12.350 247.36
800398729 57,550.00 57,447.16 12/18/97 11/18/17 236.61 03/01/98 89.8 11.550 615.71
800401168 43,000.00 42,936.97 01/02/98 12/02/12 177.07 03/02/98 79.6 14.900 540.27
800401226 39,000.00 38,959.26 11/04/97 10/04/12 175.13 02/04/98 65.0 11.150 375.83
800401762 110,000.00 110,000.00 12/05/97 11/05/12 176.19 03/05/98 78.5 12.550 1,178.26
800402265 31,400.00 31,027.56 11/14/97 10/14/12 175.46 03/14/98 84.9 12.800 393.17
800405987 43,364.00 43,286.80 12/03/97 11/03/17 236.12 03/03/98 85.0 13.050 509.59
800407132 41,000.00 40,712.58 11/13/97 10/13/12 175.43 03/13/98 89.6 11.550 480.26
800407447 35,000.00 34,933.90 12/05/97 11/05/22 296.19 03/05/98 83.3 10.500 330.46
800408924 38,800.00 38,680.23 12/24/97 11/24/12 176.81 02/24/98 80.0 12.550 479.48
800410011 63,000.00 62,968.22 01/10/98 12/10/12 177.34 03/10/98 68.2 11.750 746.00
800410474 47,250.00 46,966.76 12/24/97 11/24/27 356.81 03/24/98 75.0 11.500 467.91
800411142 36,000.00 35,801.05 12/14/97 11/14/12 176.48 03/14/98 89.7 11.000 409.17
800412470 34,850.00 34,736.25 01/10/98 12/10/12 177.34 03/10/98 85.0 12.150 421.63
800412694 58,800.00 58,800.00 01/08/98 12/08/17 237.27 02/08/98 89.9 10.990 606.53
800413304 81,200.00 81,200.00 12/20/97 11/20/12 176.68 03/20/98 71.8 11.100 779.43
800416141 275,000.00 274,702.89 02/05/98 01/05/13 178.19 03/05/98 84.6 11.850 2,796.97
800416521 80,000.00 79,715.29 01/02/98 12/02/27 357.07 04/02/98 64.5 11.375 784.61
800420457 76,500.00 76,198.46 01/16/98 12/16/17 237.53 03/16/98 85.0 9.000 688.29
800421729 480,000.00 480,000.00 12/25/97 11/25/27 356.84 02/25/98 80.0 12.500 5,122.83
800422172 127,200.00 127,125.38 01/09/98 12/09/27 357.30 03/09/98 85.9 9.650 1,083.51
800424947 116,000.00 115,598.07 12/18/97 11/18/27 356.61 02/18/98 82.8 10.850 1,091.57
800424962 60,250.00 60,079.74 12/26/97 11/26/12 176.88 03/26/98 85.6 10.550 553.38
800426330 56,250.00 55,707.35 01/24/98 12/24/12 177.80 03/24/98 75.0 12.650 698.79
800426421 96,000.00 95,715.93 12/19/97 11/19/27 356.65 03/19/98 71.6 9.000 772.44
800426702 192,000.00 191,981.73 01/09/98 12/09/12 177.30 03/09/98 80.0 11.990 1,973.46
800428401 53,000.00 52,113.91 12/10/97 11/10/17 236.35 03/10/98 84.4 11.900 579.88
800428450 32,500.00 32,385.28 12/21/97 11/21/12 176.71 02/21/98 89.7 11.550 380.70
800428476 17,600.00 17,543.06 12/21/97 11/21/12 176.71 02/21/98 80.0 10.300 192.37
800429268 126,000.00 125,908.37 12/03/97 11/03/12 176.12 03/03/98 58.6 10.375 1,140.81
800429300 160,000.00 159,649.69 12/03/97 11/03/12 176.12 03/03/98 80.0 10.950 1,517.68
800431140 47,963.00 47,938.13 01/05/98 12/05/12 177.17 03/05/98 84.5 11.990 492.98
800431710 380,000.00 373,892.41 12/10/97 11/10/12 176.35 03/10/98 74.8 10.600 3,504.45
800435521 23,450.00 23,431.38 02/01/98 01/01/13 178.00 03/01/98 67.0 10.350 257.04
800435661 61,600.00 60,857.75 12/20/97 11/20/12 176.68 03/20/98 80.0 10.400 677.11
800435901 48,842.00 48,035.97 11/01/97 10/01/12 175.00 05/01/98 79.6 14.300 590.33
800436438 43,000.00 42,996.85 01/02/98 12/02/12 177.07 03/02/98 84.9 9.800 371.02
800441263 16,517.00 16,438.30 03/01/98 02/01/13 179.00 04/01/98 84.9 11.900 197.17
800442683 40,000.00 39,854.19 01/24/98 12/24/17 237.80 03/24/98 84.8 11.900 437.65
800443814 36,725.00 36,475.39 12/26/97 11/26/12 176.88 03/26/98 65.0 12.100 443.13
800445678 70,000.00 70,000.00 12/12/97 11/12/12 176.42 03/12/98 30.9 11.900 714.64
800445926 81,000.00 80,630.32 12/11/97 11/11/17 236.38 03/11/98 89.9 11.650 872.19
800446676 21,300.00 21,011.42 12/12/97 11/12/17 236.42 02/12/98 79.9 14.550 273.42
800446940 37,500.00 37,248.55 01/08/98 12/08/12 177.27 03/08/98 60.7 8.400 367.08
800447013 10,100.00 10,094.22 02/07/98 01/07/13 178.26 03/07/98 85.9 12.000 121.22
800448094 19,500.00 19,449.90 01/09/98 12/09/12 177.30 03/09/98 85.5 11.500 227.80
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 2 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-01 800449167 FULFORD JAMES L 2078 CENTERCOURT SW SUPPLY NC 28462
235-01 800451932 KINNS WALTER F JR 44.5 & 46.5 REAR TERR ST WILKES BARR PA 18702
235-01 800452138 LEE RONALD 146 HEMLOCK DRIVE DAWSONVILLE GA 30534
235-01 800452906 HOGAN JAMES J 150 STERLING RD UNIT 119 MT POCONO PA 18344
235-01 800452930 SOCREE ESTHER 105-46 171ST STREET JAMAICA NY 11433
235-01 800457657 ADAMS JACK 2910 MADISON HARDEE ROAD AYDEN NC 28513
235-01 800458796 WOLFF GEORGE 255 DOLPHIN POINT #208 CLEARWATER FL 34630
235-01 800458937 GOODRICH KATHLEEN F 1000 S OCEAN BOULEVARD #4J POMPANO BCH FL 33062
235-01 800459059 WILSON PEYTON R 331 SUNSET ROAD MOUNTAIN TO PA 18707
235-01 800459901 LOWRY ARNIM 1071 CARROLL STREET BROOKLYN NY 11225
235-01 800461220 PSARROS GEORGE 132 EAST HARWOOD TERRACE PALISADES P NJ 07650
235-01 800461501 SPALDING JOSEPH E 4900 SOUTHEAST 148TH PLACE SUMMERFIELD FL 34491
235-01 800461683 MILLER AVIS DENISE 121 GEORGIA FARMS DRIVE DUDLEY NC 28333
235-01 800462376 HARMAN ELISABETH 1733 EAST CRESCENT VIEW DR SANDY UT 84092
235-01 800462467 LOVARCO THOMAS 51 BIRCH LANE MASSAPEQUA NY 11762
235-01 800463515 KLINE KENNETH R 385 STEELE DRIVE HAMPTON GA 30228
235-01 800464562 DEPORRES GERALDO 40 SOUTH MILLER STREET NEWBURGH NY 12550
235-01 800464851 ROBINSON JOANNE S 128 E SECOND AVENUE SALT LK CTY UT 84103
235-01 800465494 KORN STEVEN 130 WOODBINE AVENUE MERRICK NY 11566
235-01 800465791 BRYANT ROBERT GUY IV 119 LYLE ROAD KINSTON NC 28501
235-01 800465841 TAYLOR DONALD J 102 LUCKY OAK ROAD GOLDSBORO NC 27530
235-01 800466377 DANKS JOANNE M 7521 16TH AVENUE BROOKLYN NY 11214
235-01 800467524 SACOULAS GREGORY J 215 NORTHEAST 26TH STREET BOCA RATON FL 33431
235-01 800467862 BRYAN JAMES J SR BOX 98 OAK LANE ROAD ROWLAND PA 18457
235-01 800469702 DICKSON GRANT 17620 RABBIT FARM ROAD SPRING HILL FL 34610
235-01 800470247 SCIALPI DONALD L 45-47 CENTER STREET HUGHESTOWN PA 18640
235-01 800470783 TRAYWICK GLEN 486 SUN HILL LANE WEBSTER NY 14580
235-01 800472755 BRIEFMAN KAREN 4801 SOUTHWEST 133RD AVE FT LAUDERDA FL 33330
235-01 800473142 ADLER KEITH 1858 LOST MOUNTAIN ROAD POWDER SPRI GA 30073
235-01 800473456 GOMBITA MARK D RD 3 BOX 3407 MOSCOW PA 18444
235-01 800473837 CARDILLO ROBERT T 194 PIMLICO POND ROAD MASHPEE MA 02446
235-01 800474124 SNYDER DWAYNE K 4904 DHANMANDI CIRCLE TAMPA FL 33619
235-01 800474538 HILLMAN ROBERT F JR 658 ARGOSY STREET ISLIP TERRA NY 11752
235-01 800474702 MURPHY THOMAS P 465 NORTH STREET RANDOLPH MA 02368
235-01 800474744 CARRINGTON THELMA L 605 HAWKESBURY LANE SILVER SPRI MD 20904
235-01 800475741 WILLIAMS ANNIE D 4640 22ND AVENUE SOUTH ST PETERSBU FL 33711
235-01 800476384 KADISH EUGENE M 1126 S ASH AVENUE TEMPE AZ 85281
235-01 800476632 STEIGER PATRICIA A 19 THORNTON COMMONS YAPHANK NY 11980
235-01 800477226 HOLDEN THOMAS JR 729 D STREET SALIDA CO 81201
235-01 800477242 GIORDANO PETER M LOT 76 KAMAS EAST PLAT A KAMAS UT 84036
235-01 800477499 PRATHER WILLIAM G 6130 REDWOOD LANE ALEXANDRIA VA 22310
235-01 800479479 MAHONEY KENT N 2524 WEST OQUIRRH VIEW DR RIVERTON UT 84065
235-01 800479826 ROSEWOOD RUSSELL N 13554 MORAINE ROAD TRUCKEE CA 96161
235-01 800480014 GUZMAN MILADY FAWCETT 196-15 89TH AVENUE HOLLIS NY 11423
235-01 800480097 MCLUCKIE FREDERICK P 3333 RUNNYMEADE PLACE NW WASHINGTON DC 20015
235-01 800480501 WALSH DAVID J 410 YOUNG ROAD ERIE PA 16509
235-01 800481137 CUARTAS EFRAIN 7341 SOUTHWEST 149TH COURT MIAMI FL 33193
235-01 800483000 WU JANE 18 GARY LANE ORANGEBURG NY 10962
235-01 800483034 WEST FREDERICA L 556 ALABAMA AVENUE BROOKLYN NY 11207
235-01 800483950 SCHEMBARI EMANUEL 3061 PHESANT DRIVE NORTHAMPTON PA 18067
235-01 800484750 MADISON WILLIAM 13101 RHAME DRIVE FORT WASHIN MD 20744
235-01 800485096 GIST JAMES 20 NORTH 18TH STREET EAST ORANGE NJ 07017
235-01 800485161 TRUJILLO MARGARET M 8334 WEST 90TH AVENUE WESTMINSTER CO 80021
235-01 800485401 JAMIESON DIANE 146 TURKEY PATH ROAD SUGARLOAF PA 18249
235-01 800485526 COLDREN JOHN P 103 YORK AVENUE TOWANDA PA 18848
235-01 800485567 CLODFELTER STEPHEN LAWREN 1314 CHARLOTTE HIGHWAY MOORESVILLE NC 28115
235-01 800485799 CARDER STANLEY W 3101 OLD WESTMINSTER PIKE FINKSBURG MD 21048
235-01 800486482 DAVIS CARL N 3670 NEWPORT BAY DRIVE ALPHARETTA GA 30202
235-01 800486763 SCOTT JEAN 134 QUINCY STREET BROOKLYN NY 11216
235-01 800488017 NEWHARD HOWARD D 1011 BAYSHORE AVENUE SW FT MYERS FL 33919
235-01 800488587 PAIGE MICHAEL 3721 PULASKI AVENUE PHILADELPHI PA 19140
235-01 800489031 THUMSER POLLY B 2641 WINDING LANE NE ATLANTA GA 30319
235-01 800489064 SHEPARD PATRICK 1320 SOUTH PLUM STREET IMMOKALEE FL 34142
235-01 800489478 YOUNG ROBERT C 1091 WEATHERSFIELD DRIVE DUNEDIN FL 34698
235-01 800489486 KLEIN JEFFREY S 110 BAYBERRY LANE EASTON CT 06612
235-01 800489528 YATES CAREY G 3725 HADE DRIVE SOUTH LAKELAND FL 33801
235-01 800489585 LEVENTHAL NANCY 5 SOUTH OAKS BOULEVARD PLAINVIEW NY 11803
235-01 800490153 HARDY CHRISTOPHE A 4654 WESTGATE DRIVE NW COMSTOCK PK MI 49321
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800449167 37,500.00 37,359.59 01/22/98 12/22/12 177.73 03/22/98 75.0 13.150 478.17
800451932 56,000.00 55,709.46 02/21/98 01/21/28 358.72 03/21/98 70.0 9.900 487.31
800452138 69,500.00 69,323.92 12/13/97 11/13/17 236.45 03/13/98 86.8 11.100 722.11
800452906 21,961.00 21,914.69 12/13/97 11/13/12 176.45 02/13/98 75.9 11.450 255.85
800452930 130,500.00 130,500.00 01/08/98 12/08/12 177.27 02/08/98 90.0 11.800 1,322.28
800457657 48,800.00 48,382.56 12/18/97 11/18/12 176.61 03/18/98 80.0 10.400 536.41
800458796 71,500.00 71,470.53 01/15/98 12/15/12 177.50 03/15/98 78.5 9.000 575.31
800458937 68,000.00 67,825.03 12/11/97 11/11/27 356.38 03/11/98 67.3 9.650 579.24
800459059 85,000.00 84,270.12 01/24/98 12/24/12 177.80 03/24/98 75.7 13.000 1,075.46
800459901 75,000.00 74,098.04 01/02/98 12/12/12 177.07 05/12/98 76.1 10.200 669.29
800461220 300,000.00 299,771.15 02/05/98 01/05/13 178.19 03/05/98 80.0 11.600 2,993.78
800461501 20,625.00 20,613.24 02/14/98 01/14/13 178.49 03/14/98 75.0 12.900 259.60
800461683 87,300.00 87,163.51 01/17/98 12/17/27 357.57 03/17/98 90.0 11.100 837.98
800462376 79,050.00 78,183.66 01/01/98 12/01/12 177.00 04/01/98 89.9 10.300 864.04
800462467 230,800.00 230,800.00 01/05/98 12/05/12 177.17 03/05/98 80.0 13.150 2,580.20
800463515 47,600.00 47,474.51 01/22/98 12/22/17 237.73 03/22/98 85.0 10.800 484.86
800464562 48,000.00 47,976.20 01/17/98 12/17/12 177.57 03/17/98 80.0 10.800 449.88
800464851 42,500.00 42,500.00 03/01/98 02/01/13 179.00 03/01/98 85.0 10.600 391.95
800465494 37,000.00 36,927.03 01/15/98 12/15/12 177.50 03/15/98 58.0 10.500 409.00
800465791 69,900.00 69,900.00 02/06/98 01/06/18 238.22 02/06/98 84.2 9.990 674.09
800465841 39,750.00 39,750.00 12/26/97 11/26/12 176.88 02/26/98 75.0 12.650 493.81
800466377 63,780.00 63,587.97 01/03/98 12/03/12 177.11 03/03/98 89.9 10.650 710.97
800467524 34,900.00 34,337.27 12/25/97 11/25/12 176.84 03/25/98 84.9 12.000 418.86
800467862 33,200.00 33,200.00 02/12/98 01/12/13 178.42 03/12/98 89.9 10.650 370.09
800469702 18,370.00 18,369.96 12/26/97 11/26/12 176.88 02/26/98 84.0 11.850 218.70
800470247 25,400.00 25,356.19 02/26/98 01/26/18 238.88 03/26/98 80.9 13.750 311.25
800470783 57,000.00 56,778.43 01/02/98 12/02/17 237.07 03/02/98 79.7 12.500 647.60
800472755 70,400.00 70,198.64 12/26/97 11/26/17 236.88 02/26/98 79.9 12.500 799.84
800473142 238,500.00 238,500.00 12/21/97 11/21/27 356.71 02/21/98 90.0 11.500 2,361.85
800473456 37,000.00 37,000.00 02/14/98 01/14/13 178.49 02/14/98 79.8 11.750 438.13
800473837 30,000.00 29,750.00 02/01/98 01/01/13 178.00 03/01/98 78.9 11.250 291.38
800474124 45,000.00 44,530.51 12/24/97 11/24/12 176.81 03/24/98 78.9 9.900 480.82
800474538 25,000.00 24,948.19 02/05/98 01/05/13 178.19 03/05/98 78.6 9.650 263.32
800474702 44,500.00 44,500.00 01/24/98 12/24/17 237.80 02/24/98 73.0 13.950 551.76
800474744 68,000.00 67,763.65 01/10/98 12/10/17 237.34 03/10/98 84.9 12.000 748.74
800475741 44,625.00 44,625.00 01/10/98 12/10/27 357.34 03/10/98 85.0 10.550 409.87
800476384 16,250.00 16,250.00 03/01/98 02/01/13 179.00 03/01/98 89.7 11.050 185.21
800476632 80,000.00 79,340.64 01/12/98 12/12/12 177.40 03/12/98 74.7 9.050 813.79
800477226 33,000.00 32,708.10 02/01/98 01/01/18 238.00 04/01/98 50.8 10.750 335.03
800477242 21,000.00 21,000.00 03/01/98 02/01/18 239.00 03/01/98 79.2 12.500 238.59
800477499 54,130.00 54,105.60 01/24/98 12/24/12 177.80 02/24/98 83.2 11.500 536.04
800479479 17,223.00 17,223.00 04/01/98 03/01/13 180.00 04/01/98 85.0 12.350 210.60
800479826 17,300.00 17,300.00 02/01/98 01/01/13 178.00 03/01/98 84.8 11.750 174.63
800480014 61,945.00 61,945.00 02/05/98 01/05/13 178.19 03/05/98 85.0 11.500 613.44
800480097 50,000.00 49,156.26 01/24/98 12/24/12 177.80 04/24/98 81.1 12.000 514.31
800480501 38,796.00 38,724.91 01/17/98 12/17/12 177.57 03/17/98 83.1 12.000 399.06
800481137 32,364.00 32,109.20 01/02/98 12/02/12 177.07 03/02/98 79.6 12.500 398.89
800483000 67,000.00 67,000.00 03/01/98 02/01/13 179.00 03/01/98 84.8 11.100 643.12
800483034 122,500.00 122,367.39 01/05/98 12/05/27 357.17 02/05/98 66.2 11.250 1,189.80
800483950 60,000.00 60,000.00 03/06/98 02/06/13 179.24 03/06/98 84.8 12.000 720.10
800484750 34,300.00 34,125.31 02/22/98 01/22/18 238.75 03/22/98 83.4 12.000 377.67
800485096 72,000.00 72,000.00 03/04/98 02/04/13 179.18 03/04/98 51.7 8.650 561.29
800485161 36,970.00 36,775.34 02/01/98 01/01/13 178.00 03/01/98 84.9 11.750 373.18
800485401 28,000.00 27,857.26 02/06/98 01/06/18 238.22 04/06/98 43.4 9.800 266.51
800485526 118,000.00 117,465.66 01/24/98 12/24/17 237.80 03/24/98 78.4 8.650 1,035.26
800485567 60,000.00 59,881.27 02/22/98 01/22/13 178.75 03/22/98 77.9 10.000 644.76
800485799 35,000.00 34,947.67 02/06/98 01/06/13 178.22 03/06/98 84.7 9.800 371.84
800486482 433,500.00 433,428.37 12/26/97 11/26/27 356.88 03/26/98 85.0 11.250 4,210.42
800486763 120,000.00 119,570.15 01/17/98 12/17/12 177.57 03/17/98 70.5 10.000 1,053.09
800488017 41,000.00 40,983.49 01/01/98 12/01/17 237.00 03/01/98 84.3 12.500 465.82
800488587 22,400.00 22,400.00 02/07/98 01/07/28 358.26 03/07/98 70.0 10.550 205.74
800489031 40,000.00 40,000.00 01/05/98 12/05/12 177.17 02/05/98 61.8 11.300 390.02
800489064 36,000.00 35,926.88 01/12/98 12/12/17 237.40 03/12/98 90.0 11.800 391.38
800489478 240,000.00 239,931.92 02/06/98 01/06/28 358.22 03/06/98 80.0 9.990 2,104.40
800489486 48,000.00 47,498.80 01/15/98 12/15/12 177.50 03/15/98 84.8 13.250 615.24
800489528 27,750.00 27,673.42 02/13/98 01/13/13 178.45 03/13/98 75.0 12.300 338.42
800489585 55,000.00 54,873.51 01/16/98 12/16/12 177.53 03/16/98 45.1 8.900 438.59
800490153 19,200.00 19,158.48 02/27/98 01/27/18 238.92 03/27/98 89.8 11.400 203.43
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 3 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-01 800490922 VASQUEZ JOSE RODRIGUEZ 18438 15TH AVENUE ORLANDO FL 32833
235-01 800491151 MACKAY JOEL P 28719 EAST SR 224 BENTON CITY WA 99320
235-01 800491540 LEDBETTER RACHEL THOMAS 6549 ENOCHVILLE CIRCLE KANNAPOLIS NC 28081
235-01 800491599 WATSON JEFFREY WAYNE 5805 ENOCHVILLE SCHOOL RD KANNAPOLIS NC 28081
235-01 800491961 MANNING ROBERT 15375 OLIVE CIRCLE PUNTA GORDA FL 33955
235-01 800492118 SCHAEFER CHRISTOPHE M 154 HOWARD AVENUE NEW HAVEN CT 06519
235-01 800493041 BUDROW DAVID R 750 GAYLORD STREET DENVER CO 80206
235-01 800493710 LEE CONNIE 5785 PARK ROAD CUMMING GA 30040
235-01 800494130 PHILLIPS ARTHUR E 10 WHITEWOOD STREET HOMOSASSA FL 34446
235-01 800494353 RAMOS JASON 1231 PUTNAM AVENUE BROOKLYN NY 11221
235-01 800494957 DAVIS JANET 3952 DEREIMER AVENUE BRONX NY 10466
235-01 800495228 FOSTER FREDERICK F 6-8 WEST 30TH STREET WILMINGTON DE 19802
235-01 800495764 MONDRAGON RONNIE B 60 CAMINO SUR DEL RANCHOS TAO NM 87557
235-01 800496986 EBANKS DOROTHY 954 EAST 46TH STREET BROOKLYN NY 11203
235-01 800497273 LICHINCHI ANNAMAY C 3 MOSS CREEK LANE E PATCHOGUE NY 11772
235-01 800497828 SNEDDEN WILLIAM G 358 CENTRE AVENUE LINDENHURST NY 11757
235-01 800498081 BENDER WILBUR CHARLES 34 HOWELL LANE RIVERHEAD NY 11901
235-01 800498602 IANNIELLO ALICE 1237 70TH STREET BROOKLYN NY 11228
235-01 800498750 ENGLAND CHARLES W 16 HARMONY COURT STEWARTSTOW PA 17363
235-01 800498867 HERRING PATRICIA P 203 S 13TH STREET ALLENTOWN PA 18102
235-01 800500241 CAMERON JAMES S 5560 RATTLESNAKE HAMMOCK R NAPLES FL 34113
235-01 800501447 PISTANA JOHN S 62 MEEHAN ROAD MECHANICVIL NY 12118
235-01 800501801 MOREO GERALDINE 18 ALDEN AVENUE SYOSSET NY 11791
235-01 800502411 GRISTINA PETER 3225 RANDOLPH PLACE BRONX NY 10465
235-01 800502882 SUSKI EDWARD J 15355 POMPEII SQUARE CO SPRINGS CO 80921
235-01 800503765 ANDREOLAS PETER 116 HAYPATH ROAD BETHPAGE NY 11714
235-01 800503815 MCPHERSON HELEN M 1020 GAMBLE STREET MOORE HAVEN FL 33471
235-01 800504375 CHRISTENSEN LYNN A 15350 ARFSTEN ROAD LARKSPUR CO 80118
235-01 800504920 ROSENFELD RICHARD 9 BOWERS LANE GREAT NECK NY 11020
235-01 800505000 YOUNG PHILIP J 3 SWEETWATER DR COVENTRY RI 02816
235-01 800505414 MONTIERDE FILEMON JR 310 BEACH 90TH STREET ROCKAWAY BE NY 11693
235-01 800505539 STOKES LARENCE A 26435 NOTRE DAME BOULEVARD PUNTA GORDA FL 33955
235-01 800505687 SCHWARZ DONALD E 102 MANOR AVENUE WELLESLEY MA 02181
235-01 800505836 REYNOLDS DAVID L 22709 WELD COUNTY ROAD 52 GREELEY CO 80631
235-01 800505950 BUTLER BRIAN E 359 SILVER AVENUE LAMAR PA 16848
235-01 800505984 MIGLIORE SALVATORE RR 3 BX 392F GAME TRAIL RD GREENTOWN PA 18426
235-01 800506032 TRAN HUNG T 2917 GRAHAM ROAD FALLS CHURC VA 22042
235-01 800506073 EASLEY RAYMOND 4032 SPRING GARDEN STREET PHILADELPHI PA 19104
235-01 800506669 ROCKMORE PERRY JR 221 KIRKWOOD ROAD DECATUR GA 30317
235-01 800507048 THOMAS STACEY M 26310 GLENHAVEN ROAD WESLEY CHAP FL 33544
235-01 800507188 MARQUARDT BRADFORD L 11121 KELLY ROAD FORT MYERS FL 33908
235-01 800507436 TRAVIS MICHAEL R RD 2 BOX 203A NEW MILFORD PA 18834
235-01 800508004 KOEHLER ERNST 5628 DEL RIO COURT CAPE CORAL FL 33904
235-01 800508772 CHATMAN MARJORIE 2416 6TH AVENUE DRIVE EAST BRADENTON FL 34208
235-01 800509119 HERBISON PAUL R 27 PINE LOOP ROAD CEDAR CREST NM 87008
235-01 800509176 JACOBS WESLEY B 1851 NORTH 500 WEST LEHI UT 84043
235-01 800509218 FRASIER WILLIAM R 3935 SOUTH CLARKSON STREET ENGLEWOOD CO 80110
235-01 800509275 KARZENOSKI ROSS 419 EAST WARREN STREET DUNMORE PA 18512
235-01 800509721 JOST HAROLD A 393 TROON COURT WINTER HAVE FL 33884
235-01 800509747 MACKINTOSH ROBERT C 46 PROCTOR ROAD WILTON NH 03086
235-01 800509911 MACDOWALL KAREN K 4411 GENESEE LANE NEW PORT RI FL 34655
235-01 800510406 GANZ ROBERT W SR 616 RAPID FALLS DRIVE BRANDON FL 33511
235-01 800511214 ROSS DALE ROBERT 3247 WALNUT AVENUE SW SEATTLE WA 98116
235-01 800511305 MERCER ERIC K 2035 E 38TH STREET TACOMA WA 98404
235-01 800512154 SMITH DAVID LEE 206 CHRISTIAN AVENUE STONY BROOK NY 11790
235-01 800512196 SLAYTON STEPHEN S 2990 SCOTTS HILL LOOP ROAD WILMINGTON NC 28405
235-01 800512253 OSULLIVAN LINE 232 SAINT MARKS AVENUE FREEPORT NY 11520
235-01 800512741 STUART JAMES S 15576 SHARK ROAD WEST JACKSONVILL FL 32226
235-01 800512782 GRAMLEY RICHARD W 1813 DEBORAH AVENUE LARGO FL 33770
235-01 800513541 MOORE RONALD W 4792 OLD CONCORD ROAD KANNAPOLIS NC 28083
235-01 800514291 PASCH JEFFERY B 11502 LAKE RIDGE ROAD TAMPA FL 33618
235-01 800514788 GODIN KIRK S 1240 HILLSDALE AVENUE PITTBURGH PA 15216
235-01 800514804 WATSON RONALD J BOX 22 ROUTE 370 POYNTELLE PA 18454
235-01 800514846 RIESLE JEFFREY B RR 1 BOX 59W-1 GREENTOWN PA 18426
235-01 800514895 DYNARSKI WENDY F 2510 OAK CIRCLE LAKE ARIEL PA 18436
235-01 800515702 ATTARD KENNETH 1618 OHM AVENUE BRONX NY 10465
235-01 800515769 BACHMAN TERRY L 7644 BROOK FOREST LANE EVERGREEN CO 80439
235-01 800515991 JONES JACK 1 MOUNTAIN VIEW DRIVE OLDTOWN ID 83822
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800490922 32,000.00 32,000.00 01/16/98 12/16/12 177.53 02/16/98 80.0 12.550 395.45
800491151 24,592.00 24,473.57 03/01/98 02/01/13 179.00 04/01/98 90.0 10.900 277.97
800491540 43,200.00 42,941.25 02/01/98 01/01/13 178.00 04/01/98 80.0 10.650 481.56
800491599 36,000.00 35,924.92 02/01/98 01/01/13 178.00 03/01/98 80.0 12.300 439.03
800491961 32,300.00 32,209.88 01/15/98 12/15/17 237.50 03/15/98 85.0 11.850 352.28
800492118 20,000.00 19,983.60 01/10/98 12/10/12 177.34 03/10/98 79.4 10.150 216.76
800493041 182,300.00 182,300.00 03/01/98 02/01/13 179.00 03/01/98 80.0 10.750 1,701.74
800493710 64,800.00 64,800.00 01/10/98 12/10/17 237.34 03/10/98 90.0 12.200 722.56
800494130 32,900.00 32,864.45 01/15/98 12/15/17 237.50 03/15/98 84.9 11.750 356.54
800494353 146,400.00 146,400.00 02/01/98 01/01/13 178.00 03/01/98 80.0 11.300 1,427.49
800494957 50,000.00 49,985.54 12/03/97 11/03/12 176.12 03/03/98 87.7 11.950 512.38
800495228 61,200.00 61,200.00 01/12/98 12/12/12 177.40 02/12/98 90.0 11.750 617.76
800495764 60,000.00 59,732.40 02/01/98 01/01/13 178.00 03/01/98 85.0 11.750 710.48
800496986 57,000.00 56,981.82 02/01/98 01/01/13 178.00 03/01/98 89.0 11.600 568.82
800497273 292,500.00 292,268.38 01/05/98 12/05/27 357.17 03/05/98 75.0 10.250 2,621.09
800497828 25,000.00 24,593.60 02/14/98 01/14/13 178.49 04/14/98 89.6 10.900 236.19
800498081 35,000.00 35,000.00 01/24/98 12/24/17 237.80 02/24/98 89.6 11.990 385.14
800498602 49,000.00 49,000.00 02/05/98 01/05/13 178.19 03/05/98 79.7 13.850 574.77
800498750 46,000.00 45,979.26 02/06/98 01/06/13 178.22 03/06/98 84.8 11.500 455.53
800498867 44,600.00 44,374.08 02/05/98 01/05/13 178.19 03/05/98 84.9 11.500 521.01
800500241 55,200.00 55,200.00 03/01/98 02/01/13 179.00 03/01/98 79.4 10.250 494.65
800501447 27,500.00 27,500.00 02/07/98 01/07/28 358.26 03/07/98 84.7 11.500 272.33
800501801 20,000.00 19,985.44 02/05/98 01/05/18 238.19 03/05/98 78.9 10.750 203.05
800502411 150,000.00 150,000.00 02/17/98 01/17/28 358.59 02/17/98 66.6 9.500 1,261.28
800502882 45,000.00 45,000.00 03/01/98 02/01/13 179.00 03/01/98 86.6 10.900 508.65
800503765 87,000.00 87,000.00 02/21/98 01/21/18 238.72 02/21/98 85.1 11.500 927.79
800503815 19,500.00 19,500.00 02/01/98 01/01/13 178.00 03/01/98 65.0 13.500 253.17
800504375 146,261.00 145,836.73 03/01/98 02/01/13 179.00 04/01/98 81.3 11.050 1,398.41
800504920 440,000.00 440,000.00 01/11/98 12/11/27 357.37 03/11/98 80.0 8.650 3,430.10
800505000 20,400.00 20,400.00 02/20/98 01/20/13 178.68 03/20/98 85.0 11.750 205.92
800505414 54,000.00 53,961.15 02/05/98 01/05/13 178.19 03/05/98 89.7 11.300 623.97
800505539 40,600.00 40,195.49 01/15/98 12/15/12 177.50 03/15/98 89.7 10.900 458.91
800505687 113,000.00 112,730.55 03/01/98 02/01/28 359.00 04/01/98 84.4 11.900 1,153.64
800505836 11,010.00 11,010.00 03/01/98 02/01/18 239.00 03/01/98 76.8 12.500 125.09
800505950 35,000.00 34,823.36 01/24/98 12/24/12 177.80 03/24/98 74.4 12.900 440.53
800505984 20,000.00 19,929.71 02/13/98 01/13/13 178.45 03/13/98 67.9 8.800 200.48
800506032 46,000.00 45,904.29 01/18/98 12/18/12 177.60 03/18/98 89.3 10.800 517.07
800506073 30,250.00 30,198.17 02/16/98 01/16/18 238.55 03/16/98 55.0 13.590 367.19
800506669 14,000.00 13,916.83 02/26/98 01/26/13 178.88 03/26/98 74.8 11.000 159.12
800507048 45,000.00 44,973.38 01/17/98 12/17/17 237.57 03/17/98 90.0 10.900 461.43
800507188 31,700.00 31,700.00 03/03/98 02/03/13 179.15 03/03/98 64.9 11.500 313.92
800507436 92,500.00 92,500.00 03/04/98 02/04/28 359.18 03/04/98 66.5 7.900 672.29
800508004 246,500.00 246,500.00 01/15/98 12/15/27 357.50 02/15/98 85.0 11.750 2,488.19
800508772 35,300.00 35,300.00 03/01/98 02/01/13 179.00 03/01/98 79.9 13.100 393.25
800509119 71,250.00 71,250.00 03/01/98 02/01/13 179.00 03/01/98 84.9 11.500 705.58
800509176 25,000.00 25,000.00 03/01/98 02/01/13 179.00 03/01/98 82.6 11.900 255.23
800509218 35,000.00 35,000.00 03/01/98 02/01/13 179.00 03/01/98 56.7 10.350 383.64
800509275 28,000.00 27,429.58 01/24/98 12/24/17 237.80 03/24/98 89.9 10.800 285.21
800509721 34,000.00 33,823.30 01/23/98 12/23/12 177.76 03/23/98 40.9 8.650 337.81
800509747 23,300.00 23,263.29 02/01/98 01/01/13 178.00 03/01/98 89.9 11.600 273.67
800509911 16,853.00 16,839.93 02/12/98 01/12/13 178.42 03/12/98 85.0 12.750 210.47
800510406 15,145.00 15,045.75 03/01/98 02/01/13 179.00 04/01/98 89.9 11.050 172.61
800511214 66,784.00 66,645.96 02/01/98 01/01/13 178.00 03/01/98 85.0 12.000 686.95
800511305 32,515.00 32,515.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.800 365.49
800512154 83,000.00 82,876.46 01/22/98 12/22/17 237.73 03/22/98 85.0 11.500 885.14
800512196 47,737.00 47,737.00 02/13/98 01/13/13 178.45 03/13/98 52.0 12.500 588.37
800512253 150,000.00 149,919.55 02/20/98 01/20/28 358.68 03/20/98 83.3 10.250 1,344.15
800512741 40,600.00 40,352.08 01/15/98 12/15/17 237.50 03/15/98 88.1 10.150 395.84
800512782 80,200.00 80,200.00 02/05/98 01/05/28 358.19 03/05/98 87.1 8.500 616.67
800513541 36,875.00 36,875.00 02/21/98 01/21/13 178.72 02/21/98 90.0 10.800 414.50
800514291 40,098.00 40,098.00 02/12/98 01/12/18 238.42 03/12/98 89.8 9.900 384.30
800514788 21,650.00 21,650.00 02/02/98 01/02/13 178.09 03/02/98 89.9 10.800 243.36
800514804 15,750.00 15,750.00 02/14/98 01/14/13 178.49 03/14/98 80.0 13.500 180.40
800514846 35,000.00 34,925.07 02/16/98 01/16/13 178.55 03/16/98 82.9 9.400 363.37
800514895 19,000.00 18,954.52 02/14/98 01/14/13 178.49 03/14/98 84.9 10.650 211.80
800515702 55,000.00 55,000.00 02/06/98 01/06/13 178.22 03/06/98 82.8 9.400 571.01
800515769 50,000.00 50,000.00 03/01/98 02/01/13 179.00 03/01/98 84.1 12.000 514.31
800515991 73,107.00 73,107.00 03/01/98 02/01/13 179.00 03/01/98 80.0 8.800 577.75
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 4 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-01 800516528 SCOTT WILLIAM 3040 WALTON STREET JACKSONVILL FL 32207
235-01 800516544 SMITH DAVID L 48 EASTWOOD ROAD MILLER PLAC NY 11764
235-01 800516627 SMITH ROY A 39 SOUTHPORT COVE BONITA SPRI FL 34134
235-01 800516791 BRODERICK KRISTIN A 6 SEA COURT PT JEFFERSO NY 11777
235-01 800516817 ADKINS SHIRLEY 2510 SE 16TH PLACE #104 CAPE CORAL FL 33904
235-01 800516973 SHANO ANTHONY M 306 NORTH JUPITER AVENUE CLEARWATER FL 33755
235-01 800517450 OGDEN JOHN D 452 TORREY PINES WAY CO SPRINGS CO 80921
235-01 800517625 DIQUATTRO JOSEPH J 254 AUBREY DRIVE QUAKERTOWN PA 18951
235-01 800517799 ACOSTA ALBERTO 3412 PLEASENT LAKE DRIVE TAMPA FL 33618
235-01 800518250 CUEVAS IRENE R 7617 SEANS TERRACE LANHAM MD 20706
235-01 800518607 BENTLEY IRMA JEAN 649 CARRAS SRTEET CONOVER NC 28613
235-01 800518805 FRANCIS JEAN E 684 EAST 98TH STREET BROOKLYN NY 11236
235-01 800519274 NICKERSON THEODORE W II 7880 NE 199TH STREET ROAD CITRA FL 32113
235-01 800519373 DUGGAN BERNARD R JR 8270 SOUTHEAST 24TH WAY WEBSTER FL 33597
235-01 800520959 SCHAEFER PATRICK A 2333 ST ALBERT THE GREAT D SUN PRAIRIE WI 53590
235-01 800521536 COSTELLO FRANK J 1132 NEW HAVEN ROAD DURHAM CT 06422
235-01 800521809 PUCKETT LAURIE L 7922 CAUSEWAY BOULEVARD S ST PETERSBU FL 33707
235-01 800521981 ADAIR ANITA 62 JENKINS ROAD BURNT HILLS NY 12027
235-01 800522096 GARDYN JORGE L 123 SALISBURY AVENUE GARDEN CITY NY 11530
235-01 800522450 THOMPSON OLON C 4719 RON CIRCLE LAKELAND FL 33805
235-01 800522799 JEAN-JACQUES VOLNY 99 WEIRFIELD STREET BROOKLYN NY 11221
235-01 800523110 SHERMAN LARRY E 3223 BEACH VIEW WAY MELBOURNE B FL 32951
235-01 800523532 OLAWORE MOSES 1449 SOUTH CATHAY STREET AURORA CO 80017
235-01 800523581 HILL JAMES W III 1687 WASHINGTON AVENUE LOUISVILLE CO 80027
235-01 800524050 PARKER ELIZABETH L 7660 HORSE POND ROAD ODESSA FL 33556
235-01 800524183 ADAMS JEANNE 9278 GRIFFEY ROAD ALBION PA 16401
235-01 800526386 NUTTALL JERRY L 1135 SOUTH 1660 EAST SPANISH FOR UT 84660
235-01 800526550 YASKO DAVID F 245 FREDERICK AVENUE SEWICKLEY PA 15143
235-01 800526899 KUHN CHARLES E III 2735 FIFTH COURT PALM HARBOR FL 34684
235-01 800527178 MATHEWS JEFFERY BRYAN 205 WEST TENNESSEE AVENUE SEFFNER FL 33584
235-01 800527418 NELSON AUDREY 6216 HYGIENE ROAD LONGMONT CO 80503
235-01 800527665 NEUBAUER PATRICK JOHN 7805 MILLERS CORNER ELKRIDGE MD 21227
235-01 800528663 BODEN CHRISTOPHE 122 E MORELAND AVE UNIT 23 HATBORO PA 19040
235-01 800528762 OSOSKY BETTE J 11101 104TH AVENUE NORTH LARGO FL 33778
235-01 800528861 MORREALE MICHAEL 115 WASHINGTON STREET W WYMOMING PA 18644
235-01 800529034 RAMCHARRAN ASHLEY 393 CRESCENT STREET BROOKLYN NY 11208
235-01 800529117 ROGERS LOUIS E JR 120 GIBSON AVENUE WHITE PLAIN NY 10607
235-01 800529638 FANNIN JAMES E II 1025 SUGAR CREEK DRIVE FLORENCE SC 29501
235-01 800530594 BETTMANN EARNEST RAYMOND 17801 CARTHAGE AVENUE BROOKSVILLE FL 34610
235-01 800530636 REAVES MICHAEL J 2654 MORNINGSIDE DRIVE CLEARWATER FL 34619
235-01 800530792 RAMKARAN RALPH 91 PINE STREET BROOKLYN NY 11208
235-01 800531022 MCCRACKEN DALE GIZ GOOSETREE STREET WHEATON MO 64874
235-01 800531238 MATTHEWS JOYCE H 173 BEECHWOOD DRIVE CRAWFORDVIL FL 32327
235-01 800531352 BRONSON VICKY 3708 LINDSEY STREET DOVER FL 33527
235-01 800531592 LAMONTAGNE PAULETTE 12625 SOUTHEAST 101ST CT BELLEVIEW FL 34420
235-01 800531980 MONTELBANO ANTHONY 1876 HARMAN STREET RIDGEWOOD NY 11385
235-01 800532210 JACQUES ARTHUR D 2221 E PHILADELPHIA STREET YORK PA 17402
235-01 800532582 BATCHELOR CRAIG A 13314 MITTEN LANE SPRING HILL FL 34609
235-01 800532715 KIM EUI-YEON 130 ERIN LANE SETAUKET NY 11733
235-01 800532996 HULET CARLYLE STEVEN 2299 EAST 3500 SOUTH VERNAL UT 84078
235-01 800533473 WILLIAMS CAROLYN S 4800 HAYDENS WALK DRIVE ALPHARETTA GA 30202
235-01 800533713 GIBBS REX L 5652 POULIN ROAD DULUTH MN 55803
235-01 800533721 KJERULF ROBERT S 12105 PARRISH GAP ROAD SE TURNER OR 97392
235-01 800533960 ZAHARIS JEFFREY A 26441 TROON AVENUE SORRENTO FL 32776
235-01 800534240 FLUSK THOMAS C 4 SMITH ROAD BLAIRSTOWN NJ 07832
235-01 800534265 WALSH JOHN M JR 111 BEACH AVENUE HULL MA 02045
235-01 800536534 TAYLOR GEORGE D 242 6TH AVENUE NORTH SAFETY HARB FL 34695
235-01 800536633 MARZANO DORIS E 7630 31ST AVENUE NORTH ST PETERSBU FL 33710
235-01 800536716 KUHN RANDY D 104 SHADY WOOD WEST END NC 27376
235-01 800538712 CLARK CHRISTOPHE C 2330 RANSOM ROAD CLARKS SUMM PA 18411
235-01 800538738 DABNEY ROBERT P 1300 CHARLES STREET STATE COLLE PA 16801
235-01 800538753 BUPP EDWARD G 19 WINSLOW DRIVE PITTSBURGH PA 15229
235-01 800539421 LANDES JOSEPH 2607 WILSON CIRCLE LUTZ FL 33549
235-01 800540197 BEEMAN JUDY A 7645 STAMPEDE DRIVE CO SPRINGS CO 80920
235-01 800540544 ARMISTEAD JOSEPH E 3582 SMITHONIA ROAD COMER GA 30629
235-01 800541534 WILBUR LLOYD L 1715 CROMWELL DRIVE TARPON SPRI FL 34689
235-01 800542110 KERR KENNETH 16843 BREAKWATER LANE SPRING HILL FL 34610
235-01 800542391 KNIGHT JOHN E 1210 ALCOVY TRESTLE ROAD SOCIAL CIRC GA 30025
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800516528 113,600.00 113,472.88 02/26/98 01/26/28 358.88 03/26/98 75.7 9.550 959.36
800516544 43,000.00 42,936.40 01/16/98 12/16/17 237.53 03/16/98 74.2 11.500 458.56
800516627 95,000.00 94,859.29 01/19/98 12/19/12 177.63 02/19/98 63.3 12.000 1,140.16
800516791 21,000.00 21,000.00 02/16/98 01/16/13 178.55 02/16/98 82.9 9.900 182.74
800516817 12,000.00 12,000.00 02/06/98 01/06/13 178.22 03/06/98 30.7 13.240 135.00
800516973 51,000.00 51,000.00 02/23/98 01/23/28 358.78 02/23/98 85.0 8.300 384.94
800517450 15,000.00 15,000.00 03/01/98 02/01/18 239.00 03/01/98 74.3 11.500 159.96
800517625 29,349.00 29,279.62 02/20/98 01/20/13 178.68 03/20/98 88.2 10.800 329.90
800517799 107,500.00 107,500.00 02/01/98 01/01/28 358.00 03/01/98 67.1 7.950 785.05
800518250 56,500.00 55,557.26 02/12/98 01/12/18 238.42 04/12/98 79.9 11.250 592.83
800518607 24,000.00 23,975.30 02/06/98 01/06/13 178.22 03/06/98 50.3 11.300 277.32
800518805 180,000.00 179,917.23 02/05/98 01/05/28 358.19 03/05/98 80.0 11.350 1,761.95
800519274 48,000.00 47,717.68 01/23/98 12/23/17 237.76 03/23/98 75.5 9.800 456.87
800519373 21,375.00 21,092.93 02/09/98 01/09/13 178.32 04/09/98 75.0 12.900 269.04
800520959 17,150.00 17,025.90 02/06/98 01/06/13 178.22 04/06/98 84.8 12.000 205.83
800521536 15,000.00 14,945.58 01/23/98 12/23/12 177.76 03/23/98 89.1 12.000 180.03
800521809 15,500.00 15,500.00 01/26/98 12/26/12 177.86 02/26/98 74.9 11.250 178.61
800521981 24,200.00 24,111.50 02/06/98 01/06/08 118.22 03/06/98 89.9 10.650 328.58
800522096 75,750.00 75,750.00 01/24/98 12/24/12 177.80 02/24/98 89.9 10.500 692.92
800522450 14,022.00 13,884.16 02/05/98 01/05/13 178.19 04/05/98 80.0 11.650 165.14
800522799 161,500.00 160,198.51 01/15/98 12/15/27 357.50 04/15/98 85.0 11.950 1,655.00
800523110 73,950.00 73,950.00 03/02/98 02/02/28 359.11 03/02/98 85.0 10.900 698.66
800523532 35,000.00 35,000.00 03/01/98 02/01/13 179.00 03/01/98 74.1 10.750 392.33
800523581 25,000.00 25,000.00 03/01/98 02/01/13 179.00 03/01/98 79.7 13.250 281.44
800524050 61,600.00 61,515.99 02/20/98 01/20/18 238.68 03/20/98 80.0 8.950 552.25
800524183 32,000.00 31,953.66 02/06/98 01/06/13 178.22 03/06/98 71.1 11.050 364.72
800526386 23,500.00 23,500.00 03/01/98 02/01/13 179.00 03/01/98 89.4 10.300 256.86
800526550 45,000.00 44,859.87 02/05/98 01/05/13 178.19 03/05/98 51.6 9.750 476.71
800526899 39,500.00 39,500.00 03/01/98 02/01/13 179.00 03/01/98 76.0 9.750 339.37
800527178 43,400.00 43,400.00 01/19/98 12/19/12 177.63 02/19/98 70.0 11.650 511.14
800527418 50,000.00 50,000.00 03/01/98 02/01/13 179.00 03/01/98 69.1 10.500 457.37
800527665 14,600.00 14,530.84 02/28/98 01/28/13 178.95 03/28/98 89.9 11.050 166.40
800528663 59,500.00 59,500.00 02/01/98 01/01/28 358.00 03/01/98 85.0 10.650 550.95
800528762 29,345.00 29,238.69 02/14/98 01/14/13 178.49 03/14/98 84.9 10.000 315.34
800528861 21,690.00 21,636.75 02/07/98 01/07/18 238.26 03/07/98 79.9 13.000 254.11
800529034 180,000.00 179,750.75 02/28/98 01/28/13 178.95 03/28/98 90.0 10.900 1,700.59
800529117 25,500.00 25,500.00 02/06/98 01/06/18 238.22 03/06/98 85.1 11.900 279.00
800529638 25,000.00 25,000.00 02/28/98 01/28/13 178.95 02/28/98 58.1 11.350 289.67
800530594 63,000.00 62,877.87 02/12/98 01/12/18 238.42 03/12/98 90.0 10.400 624.75
800530636 10,000.00 9,940.82 02/22/98 01/22/08 118.75 03/22/98 84.6 12.750 147.84
800530792 157,500.00 157,500.00 02/05/98 01/05/28 358.19 03/05/98 90.0 11.600 1,571.74
800531022 49,500.00 49,358.66 02/01/98 01/01/13 178.00 04/01/98 79.8 10.750 462.07
800531238 49,300.00 49,300.00 02/26/98 01/26/18 238.88 02/26/98 85.0 11.500 525.75
800531352 11,500.00 11,421.52 02/20/98 01/20/13 178.68 03/20/98 42.5 10.900 129.99
800531592 62,100.00 61,896.75 02/01/98 01/01/18 238.00 04/01/98 90.0 10.650 626.26
800531980 25,000.00 24,969.55 02/15/98 01/15/13 178.52 03/15/98 69.0 11.750 296.03
800532210 10,000.00 9,926.03 02/06/98 01/06/13 178.22 03/06/98 84.5 10.800 112.41
800532582 55,000.00 54,752.74 02/01/98 01/01/18 238.00 04/01/98 64.7 7.900 456.62
800532715 34,300.00 34,200.76 02/28/98 01/28/13 178.95 03/28/98 80.8 11.250 395.25
800532996 20,000.00 20,000.00 03/01/98 02/01/13 179.00 03/01/98 84.5 9.550 209.45
800533473 23,800.00 23,709.98 02/12/98 01/12/13 178.42 03/12/98 85.0 12.000 285.64
800533713 93,900.00 93,824.98 02/12/98 01/12/18 238.42 03/12/98 89.9 10.400 931.18
800533721 77,000.00 77,000.00 03/01/98 02/01/13 179.00 03/01/98 84.8 11.500 762.52
800533960 41,580.00 41,580.00 02/26/98 01/26/18 238.88 02/26/98 84.9 12.000 457.83
800534240 43,185.00 43,167.35 01/02/98 12/02/12 177.07 04/02/98 89.8 11.050 412.89
800534265 17,700.00 17,700.00 02/12/98 01/12/13 178.42 03/12/98 84.9 12.000 182.06
800536534 62,300.00 62,263.05 02/13/98 01/13/18 238.45 03/13/98 70.0 8.300 532.79
800536633 36,100.00 35,974.68 02/28/98 01/28/13 178.95 03/28/98 79.6 11.750 427.47
800536716 21,000.00 21,000.00 03/01/98 02/01/08 119.00 03/01/98 73.2 10.150 279.26
800538712 20,000.00 19,741.10 02/16/98 01/16/13 178.55 04/16/98 63.5 10.400 219.84
800538738 28,000.00 28,000.00 02/21/98 01/21/13 178.72 03/21/98 79.8 13.000 309.74
800538753 26,800.00 26,745.84 02/20/98 01/20/18 238.68 03/20/98 89.4 10.800 272.99
800539421 58,500.00 58,399.87 02/28/98 01/28/18 238.95 03/28/98 62.8 9.950 562.60
800540197 12,684.00 12,684.00 03/01/98 02/01/13 179.00 03/01/98 86.9 10.800 118.88
800540544 32,300.00 32,063.18 03/03/98 02/03/13 179.15 03/03/98 85.0 11.900 385.58
800541534 10,040.00 10,040.00 02/07/98 01/07/28 358.26 03/07/98 79.9 12.250 105.21
800542110 40,000.00 40,000.00 02/28/98 01/28/13 178.95 02/28/98 72.7 13.000 506.10
800542391 56,000.00 56,000.00 03/09/98 02/09/13 179.34 03/09/98 79.8 11.950 670.29
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 5 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-01 800542615 PEPPERS LARRY 810 109TH AVENUE NORTH NAPLES FL 34108
235-01 800543530 HOWARD MICHAEL 1199 E 3800 N BUHL ID 83316
235-01 800543886 LONGHURST REY DEVON 1322 WEST 7125 SOUTH WEST JORDAN UT 84084
235-01 800544793 PUGLIESE FRANK 23 EDGEWOOD DRIVE NEW HYDE PK NY 11040
235-01 800545048 MEISNER EDWARD A 30 FOX HILL ROAD FRANKFORD T NJ 07826
235-01 800545394 DOWSKI JOSEPH W 243 OLD TOWN FARM ROAD WOODBURY CT 06798
235-01 800546210 ROUX PATRICIA A 74 LEE AVENUE SCARSDALE NY 10583
235-01 800546566 SEUNG-LAE LE RICHARD 2 NORTH LANE ARMONK NY 10504
235-01 800546731 TORRES BLANCHE M 2008 STUART STREET TAMPA FL 33605
235-01 800546962 HEMPELE DEBORAH J 117 BUCKHILL ROAD ALBRIGHTSVI PA 18210
235-01 800547218 SMITH DEBORAH SUE 122 NATURE TRAIL WAY TALLAHASSEE FL 32310
235-01 800548091 CARMON WILLIAM C 2748 SANDALWOOD DRIVE TALLAHASSEE FL 32310
235-01 800549974 PEARSON JAMES C 121 CARAKER AVENUE MILLEDGEVIL GA 31061
235-01 800552010 COPPAGE KIMBERLY L 8624 W UNIVERSITY UNIT C WICHITA KS 67209
235-01 800552200 FLEISHMAN DAVID M 1135 SOUTH WELCH CIRCLE DENVER CO 80228
235-01 800552218 RODRIGUEZ URIEL 89-09 189TH STREET HOLLIS NY 11423
235-01 800553224 YANKANICH JOHN PAUL 4718 VAN KIRK STREET PHILADELPHI PA 19135
235-01 800553349 YANNICELLI ERNEST 76 CLAYTON AVENUE E ATLANTIC NY 11509
235-01 800554529 GRAY FRANK O JR 1901 EAST CHELSEA STREET TAMPA FL 33610
235-01 800554818 IRBY THOMAS 4039 MITCHELL ROAD LAND O LAKE FL 34639
235-01 800555534 CHARLES MYRNA 4604 FARRAGUT ROAD BROOKLYN NY 11203
235-01 800555740 CLARK DORIS A 408 LOVEVILLE ROAD WARRIORS MA PA 16877
235-01 800555799 GRESCH GORDON R 5425 RESSIE DRIVE JACKSONVILL FL 32218
235-01 800556144 TREMPS TIMOTHY 938 KENWOOD TERRACE NW PT CHARLOTT FL 33948
235-01 800556425 ANDERTON JUBAL 5125 EAST 6000 NORTH LAPOINT UT 84039
235-01 800556508 STELMACK ROBERT RR 2 BOX 70 BUSHKILL PA 18324
235-01 800556532 KRING FRANCES E 107 KINGS HIGHWAY MARYSVILLE PA 17053
235-01 800556615 BAIR FREDERICK RR 1 BOX 1494 DRUMS PA 18222
235-01 800557282 JAKUPI MARK J 2847 ROMAIN COURT ACWORTH GA 30142
235-01 800558421 COOVER DAN J 11700 6TH STREET EAST TREASURE IS FL 33706
235-01 800558645 OPDYKE KAREN 1356 BRAMBLEWOOD DRIVE LAKELAND FL 33811
235-01 800559791 HUTCHERSON ROBERT C 138 KENDALE DRIVE SAFTEY HARB FL 34695
235-01 800559858 MINUTILLO JOHN 133 WALNUT STREET MASSAPEQUA NY 11762
235-01 800559916 WILKISON DONA 472 ADIRONDACK DRIVE FARMINGVILL NY 11738
235-01 800562027 ARGYROPOULOS GEORGE 118 LAKE VALHALLA E STROUDSBU PA 18301
235-01 800562241 SMERECHNIAK WILLIAM 14 OAKFIELD AVENUE FREEPORT NY 11520
235-01 800562340 GRANT JOHN GARY 2403 BEAUCATCHER LANE CHARLOTTE NC 28270
235-01 800562399 SHEALY NORMAN EDWARD JR 528 PLEASANT VIEW DR LEXINGTON SC 29073
235-01 800562696 MORRIS TOMMY 1760 29TH STREET SOUTH ST PETERSBU FL 33712
235-01 800562894 ARMSTRONG SHIRLEY A 10234 CAROLINA STREET BONITA SPRI FL 34135
235-01 800563710 MESSER MICHAEL G 27913 SOUTHWEST 114TH PL NEWBERRY FL 32669
235-01 800564999 ANDERSON MICHAEL M 3636 VALLEJO STREET DENVER CO 80211
235-01 800566226 RIDENHOUR DEBORAH A 217 NORTH HOLLY STREET BURLINGTON WA 98233
235-01 800566317 WHITTAKER RICHARD W 5028 ORTEGA BOULEVARD JACKSONVILL FL 32210
235-01 800567067 FIORE CLEO A 253 DELRAY AVENUE FORT MYERS FL 33905
235-01 800567497 SAMPLE CHARLES L 11615 BONAVENTURE DRIVE UPPER MARLB MD 20774
235-01 800568685 OCONNOR KURT 400 WARWICK STREET BROOKLYN NY 11207
235-01 800569501 PATES CHRISTOPHE J 2101 BISON DRIVE BOULDER CO 80302
235-01 800570038 DISCIULLO JOHN E 836 WYNDOM TERRACE RIDLEY TWP PA 19018
235-01 800570186 MOLLICA MATTHEW 1736 SUN VALLEY DRIVE BLAKESLEE PA 18610
235-01 800570970 STOVER TIMOTHY W 22432 LITTLE COOLEY ROAD UNION CITY PA 16438
235-01 800571127 VACCARO LOUIS G JR 2561 WEST 17TH STREET BROOKLYN NY 11214
235-01 800572885 SNYDER DAVID L 10346 ROSEWAY BLVD N HUNTINGDO PA 15642
235-01 800573321 BLISS DIAMON MARSHA 1799 N HIGHLAND AVE #G-107 CLEARWATER FL 33615
235-01 800573339 DOWLER CARLA D 305 AIR HARBOR ROAD GREENSBORO NC 27455
235-01 800573511 KNIPP JOSEPH T 5080 ENSIGN LOOP NEW PORT RI FL 34652
235-01 800576142 CAPPS RICK JOSEPH 7508 CHELTNAM COURT NEW PORT RI FL 34655
235-01 800576225 WOOLRIDGE MARY A 2791 ROSS DRIVE WEEDSPORT NY 13166
235-01 800578130 MOORE PRISCILLA LYNN 5213 NORTHEAST 240 TERRACE MELROSE FL 32666
235-01 800578205 OVERMYER RALPH A 5105 SOUTH BERMUDA ROAD KENNEWICK WA 99338
235-01 800581464 KUNKEL VERNON L 641 NEW HOLLAND AVENUE LANCASTER PA 17602
235-01 800583411 AUSTIN JULIAN L 39138 SHEFFEY LANE DADE CITY FL 33525
235-01 800583882 SMITH WILLIAM 3315 KEYE DRIVE SPRING HILL FL 34606
235-01 800584153 SCHWEINFURTH CONRAD S 1003 VEGA DRIVE CO SPRINGS CO 80906
235-01 800586927 STRUBE ROGER L 14106 SENLAC COURT MIDLOTHIAN VA 23113
235-01 800590721 TALYANSKY MICHAEL 1663 FINCH WAY SUNNYVALE CA 94087
235-01 800591273 WOODCOCK ANNA M 141 HOMESTEAD ROAD SARATOGA SP NY 12866
235-01 800593949 RIDINGS PAUL R 248 CLOVER HILL COURT YARDLEY PA 19067
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800542615 26,050.00 26,050.00 02/28/98 01/28/18 238.95 02/28/98 79.2 9.550 243.67
800543530 34,055.00 33,853.39 03/01/98 02/01/13 179.00 04/01/98 80.0 13.250 436.50
800543886 12,800.00 12,800.00 03/01/98 02/01/13 179.00 03/01/98 79.9 12.850 160.69
800544793 22,500.00 22,496.59 02/21/98 01/21/18 238.72 03/21/98 68.8 10.700 227.67
800545048 75,000.00 75,000.00 03/06/98 02/06/13 179.24 03/06/98 82.0 9.550 785.43
800545394 22,000.00 21,977.36 02/09/98 01/09/13 178.32 03/09/98 90.0 11.300 254.21
800546210 80,000.00 79,300.58 02/08/98 01/08/13 178.29 04/08/98 89.9 10.800 749.79
800546566 144,000.00 143,288.17 02/12/98 01/12/13 178.42 03/12/98 85.0 11.500 1,682.19
800546731 42,500.00 42,426.10 02/27/98 01/27/13 178.92 03/27/98 79.9 12.350 519.68
800546962 16,280.00 16,280.00 03/02/98 02/02/13 179.11 03/02/98 80.9 10.750 182.49
800547218 55,800.00 55,705.70 02/14/98 01/14/28 358.49 03/14/98 90.0 11.050 533.51
800548091 24,000.00 23,897.79 02/08/98 01/08/13 178.29 03/08/98 89.9 9.400 249.17
800549974 15,000.00 15,000.00 03/04/98 02/04/28 359.18 03/04/98 41.4 11.400 147.40
800552010 11,100.00 11,100.00 03/10/98 02/10/18 239.38 03/10/98 80.6 12.150 123.38
800552200 46,447.00 46,447.00 03/01/98 02/01/13 179.00 03/01/98 89.9 9.900 404.18
800552218 38,000.00 38,000.00 02/28/98 01/28/13 178.95 02/28/98 84.6 12.750 412.94
800553224 17,750.00 17,694.78 02/13/98 01/13/18 238.45 03/13/98 83.6 11.750 192.36
800553349 50,000.00 50,000.00 02/14/98 01/14/13 178.49 03/14/98 65.6 13.490 648.83
800554529 15,641.00 15,641.00 03/01/98 02/01/13 179.00 03/01/98 79.9 13.100 198.93
800554818 30,800.00 30,705.17 02/13/98 01/13/13 178.45 03/13/98 70.0 12.500 379.62
800555534 180,200.00 179,886.78 02/14/98 01/14/13 178.49 03/14/98 85.0 12.000 1,853.56
800555740 38,000.00 37,968.71 02/14/98 01/14/13 178.49 03/14/98 84.4 12.000 456.06
800555799 41,400.00 41,317.59 02/26/98 01/26/13 178.88 03/26/98 90.0 11.150 474.46
800556144 15,000.00 15,000.00 02/21/98 01/21/13 178.72 02/21/98 78.1 12.950 189.29
800556425 26,128.00 26,128.00 03/01/98 02/01/13 179.00 03/01/98 79.9 11.550 306.06
800556508 16,800.00 16,730.21 02/20/98 01/20/13 178.68 03/20/98 89.8 10.400 184.67
800556532 23,410.00 23,353.97 02/14/98 01/14/13 178.49 03/14/98 80.8 12.500 288.53
800556615 35,200.00 34,996.96 03/02/98 02/02/13 179.11 04/02/98 68.9 9.600 369.69
800557282 24,600.00 24,600.00 02/27/98 01/27/13 178.92 02/27/98 79.7 11.750 291.30
800558421 146,000.00 145,823.66 02/26/98 01/26/28 358.88 03/26/98 79.7 7.900 1,061.14
800558645 12,900.00 12,900.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.050 139.02
800559791 15,600.00 15,600.00 03/02/98 02/02/13 179.11 03/02/98 89.9 10.150 169.07
800559858 50,000.00 50,000.00 03/09/98 02/09/13 179.34 03/09/98 85.1 10.850 563.60
800559916 25,250.00 25,166.60 02/22/98 01/22/13 178.75 03/22/98 84.8 11.650 252.94
800562027 19,000.00 19,000.00 03/02/98 02/02/13 179.11 03/02/98 89.1 10.150 205.92
800562241 14,000.00 14,000.00 02/27/98 01/27/18 238.92 02/27/98 80.0 13.500 169.03
800562340 57,000.00 57,000.00 02/19/98 01/19/18 238.65 02/19/98 77.5 12.850 661.72
800562399 18,500.00 18,482.23 02/21/98 01/21/13 178.72 03/21/98 85.0 12.750 231.03
800562696 39,100.00 38,968.49 02/26/98 01/26/13 178.88 03/26/98 85.0 8.300 380.46
800562894 42,500.00 42,411.44 02/26/98 01/26/28 358.88 03/26/98 67.4 8.150 316.31
800563710 65,700.00 65,655.97 02/21/98 01/21/18 238.72 03/21/98 90.0 9.750 623.18
800564999 32,905.00 32,905.00 03/01/98 02/01/13 179.00 03/01/98 83.7 11.500 384.39
800566226 10,800.00 10,800.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.550 119.72
800566317 14,353.00 14,353.00 03/02/98 02/02/13 179.11 03/02/98 80.0 13.500 186.35
800567067 13,888.00 13,888.00 03/01/98 02/01/13 179.00 03/01/98 84.9 11.400 136.47
800567497 100,000.00 99,956.34 02/26/98 01/26/13 178.88 03/26/98 72.3 11.750 1,009.41
800568685 97,000.00 97,000.00 03/09/98 02/09/13 179.34 03/09/98 48.5 10.200 1,054.27
800569501 67,000.00 67,000.00 03/01/98 02/01/13 179.00 03/01/98 52.9 10.000 587.97
800570038 35,000.00 34,879.62 02/27/98 01/27/13 178.92 03/27/98 89.4 10.800 393.42
800570186 23,500.00 23,500.00 03/09/98 02/09/13 179.34 03/09/98 88.8 10.400 258.31
800570970 46,400.00 46,400.00 02/28/98 01/28/08 118.95 02/28/98 80.0 11.900 663.03
800571127 55,000.00 54,631.77 02/26/98 01/26/13 178.88 03/26/98 89.3 10.650 613.09
800572885 72,000.00 72,000.00 03/05/98 02/05/18 239.21 03/05/98 84.1 10.350 711.59
800573321 26,600.00 26,555.97 03/01/98 02/01/28 359.00 04/01/98 70.0 10.100 235.40
800573339 33,000.00 32,883.21 02/28/98 01/28/13 178.95 03/28/98 89.8 10.900 373.01
800573511 43,500.00 43,350.74 02/27/98 01/27/13 178.92 03/27/98 90.0 10.900 491.69
800576142 25,250.00 25,185.37 02/28/98 01/28/18 238.95 03/28/98 88.6 9.750 239.50
800576225 35,000.00 34,849.64 03/06/98 02/06/28 359.24 04/06/98 45.4 8.250 262.94
800578130 40,000.00 39,820.68 03/01/98 02/01/13 179.00 04/01/98 67.7 9.500 417.69
800578205 52,000.00 52,000.00 03/01/98 02/01/13 179.00 03/01/98 86.8 10.900 587.77
800581464 27,396.00 27,396.00 03/03/98 02/03/13 179.15 03/03/98 90.0 10.000 294.40
800583411 40,000.00 40,000.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.400 362.91
800583882 27,000.00 27,000.00 03/10/98 02/10/13 179.38 03/10/98 79.4 10.900 305.19
800584153 52,582.00 52,582.00 04/01/98 03/01/18 240.00 04/01/98 84.9 11.100 546.33
800586927 25,000.00 25,000.00 02/28/98 01/28/13 178.95 02/28/98 63.3 10.950 283.36
800590721 100,000.00 100,000.00 03/01/98 02/01/13 179.00 03/01/98 67.5 9.800 862.83
800591273 35,000.00 35,000.00 03/09/98 02/09/18 239.34 03/09/98 69.5 10.600 351.79
800593949 34,096.00 34,096.00 03/06/98 02/06/18 239.24 03/06/98 90.0 10.500 340.41
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 6 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-01 800593980 TUNNELL GORHAM SAMUEL JR 4406 GRAINARY AVENUE TAMPA FL 33624
235-01 800594491 FORTUNE URIC 1416 EAST 48TH STREET BROOKLYN NY 11234
235-01 800601056 WHISENANT DANIEL 8826 EAST MILLPOINT ROAD RIVERVIEW FL 33569
235-01 800620932 BROWN DAVID R 1609 GOLF ACRES ROAD MOHNTON PA 19540
235-01 661562769 GARGALIATSIS PETER 549 KATAN AVENUE STATEN ISLA NY 10312
235-01 661568808 FARBER DOUGLAS J 6870 96TH STREET WEST ZIONSVILLE IN 46077
235-01 661582080 ROBERTS STANLEY H JR 1539 PORTLAND AVE ST PAUL MN 55104
235-01 661593046 PHILAVONG KHAMPHAENG 314 RAYMOND ELGIN IL 60120
235-01 661598102 ANDERSON TODD 218 EDINBURGH DRIVE CARY NC 27511
235-01 661598557 SHELTON JACK E 2805 CROSS COUNTRY CIRCLE VERONA WI 53593
235-01 661603001 COLEMAN CARNELIA 5320 W BLOOMINGDALE CHICAGO IL 60639
235-01 661603878 VOLAND KAREN K 3412 N SKINNER LAKE WEST D ALBION IN 46701
235-01 661604132 NELSON LINDA L 82 OAK LAWN AVENUE OSWEGO IL 60543
235-01 661604983 HARSHMAN STEVEN M 5130 EAST 90TH STREET NORTHFIELD MN 55057
235-01 661607200 BARNHOUSE BARBARA J 4809 NORTH HERMITAGE CHICAGO IL 60640
235-01 661607788 ROBINSON DIANA M 3110 VILLAGE GREEN AURORA IL 60504
235-01 661611392 VERNON RODNEY D 8758 FORREST DRIVE HIGHLANDS R CO 80126
235-01 661613109 TAMBOURINE ARTHUR G 5704 N MASON CHICAGO IL 60646
235-01 661613547 KIRCHNER JAMES F 1601 WATERBURY BOURBONNAIS IL 60914
235-01 661613919 HALFMAN PATRICK E 450 WALKER STREET FOND DU LAC WI 54935
235-01 661614156 SCHOVANEC ROBERT F 3333 WESLEY AVE BERWYN IL 60402
235-01 661614198 TYLER VALERIE S 502 WOOD ST ELYRIA OH 44035
235-01 661618421 CEPEDA GEORGE 1548 NORTH 31ST AVENUE MELROSE PK IL 60160
235-01 661619148 WEISSERT EDWARD A 23 W 681 ARDMORE ROSELLE IL 60172
235-01 661619361 WICKHAM EUGENE VINCENT 16624 EXCELSIOR BOULEVARD MINNETONKA MN 55345
235-01 661619544 MCKENZIE EDWARD L 697 W FOREST MUSKEGON MI 49442
235-01 661620328 LOWE BRADLEY W 204 W 13TH ST MUNCIE IN 47302
235-01 661620468 FLYNN TERRI L 2465 EAST RIVERSIDE DRIVE INDIANAPOLI IN 46208
235-01 661621664 CALING-CRUZ JOSEFINA 6101 N MONTICELLO AVE CHICAGO IL 60659
235-01 661622613 STEWART MICHAEL T 5839 TIMBERLAKE WAY INDIANAPOLI IN 46237
235-01 661623595 MCCOLLUM DANNY B 6474 JACKSON CREEK RD. BOZEMAN MT 59715
235-01 661623645 MCLAUGHLIN ADELINE 5323 SOUTH JUSTINE CHICAGO IL 60609
235-01 661623678 DELORTA JAMES J 13649 SOUTH OVERLAND TRAIL ORLAND PARK IL 60462
235-01 661624742 DAIGLE BARBARA J 1642 S 61ST COURT CICERO IL 60804
235-01 661624908 BROWN PHILIP L 6202 S HIGH SCHOOL ROAD INDIANAPOLI IN 46221
235-01 661626564 KRIVACEK JAMES D 10599 MUSIC STREET NEWBURY TOW OH 44065
235-01 661628214 WEIHERT GLENN T 5834 S NORMANDY CHICAGO IL 60638
------------------------------------------------
376 Sale Total
235-02 680077039 YANES JOSE ANTONIO 4022 80TH ST ELMHURST NY 11373
235-02 680085792 JUMP ROBERT G 1441 TERRA PALMA DR FORT MYERS FL 33901
235-02 680101128 JONES ALVIN H 9920 KIRKSVILLE LANE DUNKIRK MD 20754
235-02 680103355 MELENDEZ MARIA 311 E 6TH ST PLAINFIELD NJ 07060
235-02 680139078 GONZALEZ JOSEPH D 7 CANNON LN EASTCHESTER NY 10709
235-02 800149056 BALYOZIAN CHARLES J 19 SCITUATE ST ARLINGTON MA 02174
235-02 800172413 HARTKE JEFFREY S 23 FRANKLIN STREET VERONA NJ 07044
235-02 800230161 DAILEY ROBERT S 40 ORIOLE CIRCLE FELTON PA 17322
235-02 800234379 KAYE MARILYN 122 BIRCH LN NEW CITY NY 10956
235-02 800234742 LEVIT LEONID 118 AMHERST STREET BROOKLYN NY 11235
235-02 800293144 WADE EVERETT RUSSELL 2215 WESTCHESTER AVENUE BALTIMORE MD 21228
235-02 800297350 SHEPHERD BILL A 2001 SOUTH LANSING COURT AURORA CO 80014
235-02 800301079 BLACK RICHARD D 7717 TANGLEWOOD COURT EDINA MN 55439
235-02 800307217 PETROSKY WILLIAM J 713 EAST GULF BOULEVARD INDIAN ROCK FL 33785
235-02 800311730 BARDIN JEFFREY E. 1144 EL DORADO DRIVE LIVERMORE CA 94550
235-02 800312571 MARCECA ANGELO 2218 EAST 57TH PLACE BROOKLYN NY 11234
235-02 800315350 VONK RICHARD 2335 WEST 13750 SOUTH RIVERTON UT 84065
235-02 800316671 JENNERJAHN JULIE 8 HILL TOP ROAD RANCHOS DE NM 87557
235-02 800322554 TALBOTT-MERR MARJORIE L. 36743 DAISEY LANE FRUITLAND P FL 34731
235-02 800325086 HIRSCH RAUL P 8415 EAST MERCER WAY MERCER ISLA WA 98040
235-02 800325813 KERNBERG MARTIN E. 1327 WALLER STREET SAN FRANCIS CA 94117
235-02 800334138 CONTE FRANK 1943 COLDEN AVENUE BRONX NY 10462
235-02 800346314 FELICIANO DANIEL 341 58TH STREET BROOKLYN NY 11220
235-02 800352460 STAVROPOULOS SOTIRIOS 510 ELTINGVILLE BOULEVARD STATEN ISLA NY 10312
235-02 800365074 BURR KEVIN C 4121 E CATALINA DRIVE PHOENIX AZ 85018
235-02 800367039 CODY ESTER A 3427 PINEWOOD DRIVE HAYWARD CA 94542
235-02 800368359 GONZALEZ EDMUND 520 W 112TH ST UNIT 8B NEW YORK NY 10025
235-02 800373094 WHITE MERRY S 741 E BROWNING AVENUE SALT LAKE C UT 84105
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800593980 64,000.00 64,000.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.650 592.62
800594491 53,000.00 53,000.00 03/04/98 02/04/13 179.18 03/04/98 89.6 10.400 582.58
800601056 29,000.00 29,000.00 03/09/98 02/09/28 359.34 03/09/98 78.3 8.150 215.83
800620932 53,450.00 53,450.00 03/10/98 02/10/13 179.38 03/10/98 84.8 11.400 525.24
661562769 72,000.00 71,736.95 12/25/97 11/25/17 236.84 03/25/98 69.1 11.580 771.80
661568808 33,600.00 33,600.00 02/19/98 01/19/18 238.65 03/19/98 79.9 12.850 390.06
661582080 60,500.00 60,356.32 01/15/98 12/15/12 177.50 03/15/98 84.9 13.000 669.25
661593046 131,700.00 131,700.00 01/01/98 12/01/12 177.00 03/01/98 84.9 11.500 1,538.51
661598102 51,900.00 51,805.21 01/23/98 12/23/12 177.76 02/23/98 79.9 10.450 572.10
661598557 64,100.00 64,100.00 12/26/97 11/26/12 176.88 02/26/98 79.9 13.100 815.24
661603001 31,400.00 31,400.00 02/07/98 01/07/13 178.26 03/07/98 84.9 12.750 341.22
661603878 17,800.00 17,750.89 02/26/98 01/26/18 238.88 03/26/98 84.8 11.050 184.34
661604132 33,200.00 33,054.05 01/23/98 12/23/17 237.76 02/23/98 62.0 10.300 327.01
661604983 79,000.00 78,713.29 01/05/98 12/05/27 357.17 04/05/98 79.8 9.650 672.94
661607200 64,800.00 64,588.92 01/12/98 12/12/12 177.40 03/12/98 80.0 10.750 726.37
661607788 40,000.00 39,924.32 01/17/98 12/17/17 237.57 03/17/98 84.4 11.200 418.33
661611392 46,300.00 46,126.56 02/01/98 01/01/18 238.00 03/01/98 89.9 11.650 498.55
661613109 78,000.00 77,841.49 02/08/98 01/08/13 178.29 03/08/98 42.6 9.800 828.67
661613547 18,200.00 18,173.12 02/13/98 01/13/18 238.45 03/13/98 84.9 12.000 200.40
661613919 53,800.00 53,744.64 02/23/98 01/23/13 178.78 03/23/98 89.9 11.300 621.66
661614156 22,500.00 22,388.63 02/05/98 01/05/13 178.19 03/05/98 81.1 10.200 244.55
661614198 83,600.00 83,474.65 01/15/98 12/15/27 357.50 03/15/98 80.0 8.700 654.70
661618421 25,000.00 24,991.52 02/15/98 01/15/18 238.52 03/15/98 87.6 11.170 260.95
661619148 58,500.00 58,429.14 02/23/98 01/23/18 238.78 03/23/98 69.9 10.650 589.96
661619361 97,500.00 97,500.00 02/12/98 01/12/28 358.42 03/12/98 84.9 12.750 1,059.53
661619544 29,200.00 29,127.27 02/19/98 01/19/28 358.65 03/19/98 80.0 10.150 259.49
661620328 13,000.00 12,974.54 02/26/98 01/26/13 178.88 03/26/98 76.4 10.050 140.10
661620468 36,500.00 36,459.60 02/12/98 01/12/28 358.42 03/12/98 89.9 10.450 332.52
661621664 33,900.00 33,900.00 03/01/98 02/01/18 239.00 03/01/98 89.3 11.050 351.07
661622613 32,000.00 31,942.08 02/02/98 01/02/13 178.09 03/02/98 31.0 8.850 321.72
661623595 86,000.00 85,936.56 02/26/98 01/26/18 238.88 03/26/98 77.1 10.700 870.19
661623645 45,000.00 45,000.00 02/09/98 01/09/28 358.32 03/09/98 73.1 11.250 437.07
661623678 57,100.00 57,100.00 02/21/98 01/21/18 238.72 02/21/98 84.9 12.150 634.70
661624742 62,900.00 62,900.00 02/27/98 01/27/28 358.92 02/27/98 69.8 8.670 491.25
661624908 15,500.00 15,472.92 02/26/98 01/26/13 178.88 03/26/98 89.9 10.900 175.20
661626564 46,400.00 46,400.00 02/01/98 01/01/13 178.00 03/01/98 90.0 12.000 477.28
661628214 61,000.00 61,000.00 03/01/98 02/01/13 179.00 03/01/98 48.8 8.550 602.48
------------------------------ ------ ---------------------------------
21,928,678.00 21,879,215.76 234.40 79.4 11.032 223,238.14
680077039 189,000.00 187,945.26 01/18/97 12/18/11 165.60 03/18/98 90.0 12.250 1,980.52
680085792 23,800.00 23,198.93 02/08/97 01/08/12 166.29 03/08/98 85.1 12.750 297.22
680101128 50,000.00 48,908.58 02/17/97 01/17/12 166.59 02/17/98 74.4 10.500 552.70
680103355 89,250.00 88,506.37 02/21/97 01/21/12 166.72 02/21/98 85.0 12.250 935.25
680139078 283,000.00 282,006.03 05/08/97 04/08/27 349.25 02/08/98 69.1 10.750 2,641.75
800149056 34,800.00 34,587.30 07/01/97 06/01/12 171.00 04/01/98 79.7 12.000 357.96
800172413 95,000.00 94,818.62 07/10/97 06/10/12 171.32 03/10/98 89.0 11.800 962.58
800230161 24,196.00 24,142.73 07/20/97 06/20/17 231.65 02/20/98 89.4 11.400 256.37
800234379 50,900.00 50,900.00 08/01/97 07/01/12 172.00 03/01/98 83.1 13.700 591.03
800234742 128,750.00 127,803.71 09/19/97 08/19/12 173.62 03/19/98 86.1 12.990 1,423.23
800293144 73,000.00 72,942.50 09/26/97 08/26/17 233.85 02/26/98 84.6 12.250 816.55
800297350 72,680.00 72,680.00 10/01/97 09/01/12 174.00 03/01/98 84.9 11.350 711.44
800301079 72,900.00 72,900.00 03/01/98 02/01/13 179.00 03/01/98 74.9 10.900 688.74
800307217 78,500.00 78,500.00 09/12/97 08/12/12 173.39 02/12/98 89.7 12.450 834.75
800311730 24,100.00 24,100.00 11/01/97 10/01/12 175.00 03/01/98 86.5 12.100 249.75
800312571 35,000.00 34,997.76 12/05/97 11/05/12 176.19 03/05/98 82.2 13.150 446.29
800315350 35,000.00 34,559.81 11/01/97 10/01/12 175.00 05/01/98 72.7 10.100 309.74
800316671 54,000.00 53,633.39 10/15/97 09/15/12 174.51 03/15/98 84.7 12.900 679.69
800322554 34,000.00 33,528.72 10/01/97 09/01/12 174.00 04/01/98 85.0 12.000 408.06
800325086 26,800.00 26,790.18 01/01/98 12/01/12 177.00 03/01/98 80.0 11.650 268.47
800325813 109,350.00 109,350.00 11/01/97 10/01/12 175.00 03/01/98 84.9 12.900 1,201.09
800334138 50,000.00 49,976.81 11/14/97 10/14/12 175.46 02/14/98 65.9 12.850 627.69
800346314 164,000.00 163,544.71 09/27/97 08/27/17 233.88 02/27/98 69.7 11.500 1,748.94
800352460 96,575.00 96,210.81 10/08/97 09/08/12 174.28 03/08/98 89.9 12.500 1,030.70
800365074 32,365.00 32,104.06 01/01/98 12/01/12 177.00 04/01/98 85.0 12.000 388.43
800367039 41,311.00 41,167.17 12/01/97 11/01/12 176.00 03/01/98 85.0 11.600 485.22
800368359 97,500.00 96,521.13 11/21/97 10/21/27 355.69 03/21/98 75.0 9.900 848.44
800373094 112,500.00 111,600.00 11/01/97 10/01/27 355.00 03/01/98 82.7 8.375 855.08
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 7 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800375032 MCWILLIAMS JAMES D 5604 MACARTHUR BOULEVARD N WASHINGTON DC 20016
235-02 800375719 ELDRIDGE MELVIN E 3443 W LUPINE AVENUE PHOENIX AZ 85029
235-02 800379745 SMEDSTAD CRAIG M 14806 SOUTHCROSS LANE BURNSVILLE MN 55306
235-02 800392219 GLENN RICHARD O 103 WESTWIND LANE AUBURNDALE FL 33823
235-02 800393787 CERASI PAUL 95 MCLOUGHLIN STREET GLEN COVE NY 11542
235-02 800404618 ABRAMS HARVEY GENE 934 NE FOOTHILL DRIVE ESTACADA OR 97023
235-02 800405722 CREECH PAULINE C 5816 FLOWER HILL ROAD KENLY NC 27542
235-02 800409625 JOHNSON CHARLES WESLEY 13076 TWELVE HILL ROAD CLARKSVILLE MD 21029
235-02 800410763 REECE BENJAMIN G JR 466 OLD CHURCH ROAD SWANSBORO NC 28584
235-02 800412397 HAMPTON FRED 2624 EAST MONTE CRISTO AVE PHOENIX AZ 85032
235-02 800414229 VANDENBERG CHERYL LYNN 4740 EAST LAVENDER LANE PHOENIX AZ 85044
235-02 800419558 JESSUP MARK 4048 ESCUELA DRIVE NAPA CA 94558
235-02 800419939 DILTS IVALEE WEE 505 EAST GUNNISON AVENUE WOODLAND PK CO 80863
235-02 800431546 GIOVANOGLOU GEORGE 321 CORONADO DRIVE CLEARWATER FL 34630
235-02 800440059 CLEMENSON RENEE L 316 WORDSWORTH AVENUE ALTOONA PA 16602
235-02 800442352 DUBRO STEPHEN H 187 MAPLE STREET NORWICH CT 06360
235-02 800442931 JEAN-JOSEPH FRANTZ 30 LAUREL STREET TRUMBULL CT 06611
235-02 800443343 SPATAFORE ROBERT J 2971 OAKMONT DRIVE SAN BRUNO CA 94066
235-02 800447245 MYERS ALEX 6517 OSAGE TRAIL PLANO TX 75023
235-02 800448037 MOSKOWITZ EDWARD 5 SEAVIEW LANE PT WASHINGT NY 11050
235-02 800449506 SHANNON AUDREY L 17113 RAINBOW TERRACE ODESSA FL 33556
235-02 800452195 BENTON WAYNE E 84 PRATT COURT WALTERSBORO SC 29488
235-02 800458432 COFFARO PAUL J 16840 DAMIEN LANE NEVADA CITY CA 95959
235-02 800459836 CHEN BARBARA TA-CHUNG 2027 32ND AVENUE SAN FRANCIS CA 94116
235-02 800461709 LENGIEWICZ BOGDAN 34 BUCKLEY STREET LIBERTY NY 12754
235-02 800467722 HARKEN GARY J 1451 WEST 156TH AVENUE BROOMFIELD CO 80020
235-02 800472334 KNITTER THOMAS J 28 DIANA DRIVE SCOTTSVILLE NY 14546
235-02 800473019 DESANTIS ANTHONY 47 BALDWIN PLACE BELLEVILLE NJ 7109
235-02 800476566 DOUGLASS KATHERINE M 4701 SOUTH FRANKLIN STREET ENGLEWOOD CO 80110
235-02 800476707 ANDERSON JAMES T JR 2784 SOUTHWEST MORELAND HOMOSASSA FL 34447
235-02 800481731 FERGUSON RUSSELL H 3607 OLD HICKORY ROAD LANCASTER SC 29720
235-02 800484990 THOMAS RICHARD 49 FINGERBOARD STATEN ISLA NY 10305
235-02 800487084 WEST DAVID G 18608 117TH AVE SE SNOHOMISH WA 98290
235-02 800487993 HOULE WANDA L 13266 PEACOCK DRIVE LITTLETON CO 80127
235-02 800490401 HARPER DONALD 869 PEPPERIDGE ROAD WESTBURY NY 11590
235-02 800491136 CROMOGA LARRY J 9315 PINEDROP DRIVE SE OLYMPIA WA 98513
235-02 800491144 GUTIERREZ ROBERT P 415 NORTH TWENTIETH STREET SAN JOSE CA 95112
235-02 800491169 BERGT RICHARD 6839 TIMBERLAKE DRIVE SE OLYMPIA WA 98503
235-02 800492316 MELLEN GREG 3750 SOUTH OXFORD WAY SLT LK CITY UT 84119
235-02 800493355 FOSTER KEITH 1010 NORTH SETON MESA AZ 85205
235-02 800493876 WEST MICHAEL 347 HARVESTFIELD CT PELION SC 29123
235-02 800494213 LUPU MARIAN F 145 LEBRUN CIRCLE AMHERST NY 14226
235-02 800496549 LOVETT TIMOTHY ELMER 43 LEXINGTON AVENUE SW GRAND RAPID MI 49504
235-02 800500084 LUTZ DENNIS E 123 50TH STREET COURT NW BRADENTON FL 34209
235-02 800502692 CAREY THOMAS J 85 HILL STREET ANSONIA CT 06401
235-02 800503112 STURGILL WAYNE 18329 PETERS AVENUE WHITE HALL MD 21161
235-02 800505265 STINSON WILLIAM G 2500 BAUM ROAD TALLAHASSEE FL 32311
235-02 800506651 BETTS DATANYA 246 HASTINGS AVENUE BUFFALO NY 14215
235-02 800511123 MILLER ROBERT NEIL 7791 LAVENDER COURT HIGHLAND CA 92346
235-02 800511347 MINOR BARRY L 135 N SYCAMORE GARDNER KS 66030
235-02 800511883 MARQUEZ JANICE L 780 JOLIET STREET AURORA CO 80010
235-02 800513004 PEREZ MARCELINO 656-658 21ST AVENUE PATERSON NJ 07513
235-02 800513657 MOON EARL JR 4510 39TH AVENUE SOUTH SEATTLE WA 98118
235-02 800516486 WILLIAMS EVERETT ROYCE 10706 22ND AVENUE SW SEATTLE WA 98146
235-02 800520181 BALDE SAIKOU T 135-06 109TH AVENUE S OZONE PK NY 11420
235-02 800523698 SPROTT TERRENCE R 1808 PATS DRIVE GARDEN CITY KS 67846
235-02 800523904 MATHEWS ABRAHAM C 406 CHARLES STREET E WILLISTON NY 11596
235-02 800524365 BENYO NICHOLAS 200 JONES ROAD MARSTONS MI MA 02648
235-02 800525461 BAURICHTER BRUCE 10710 123RD ST CT E PUYALLUP WA 98374
235-02 800528184 MEAD ERIC H 60 SOUTH 29TH STREET WYANDANCH NY 11798
235-02 800528572 PEARCE KENNETH 801 SECOND STREET ROCHESTER PA 15074
235-02 800529075 BURA KENNETH S 5109 SOUTH NEW ENGLAND AVE CHICAGO IL 60638
235-02 800529927 AUTRY WANDA B 2056 WILEY ROAD SPRING HOPE NC 27882
235-02 800532509 HARRIS DENNIS JAMES 12934 PICKERING DRIVE GERMANTOWN MD 20874
235-02 800533507 WALDEN KIMBERLY J 5240 CEDARBEND DRIVE FORT MYERS FL 33919
235-02 800533630 SINGH SUKHDEV 1143 EAST 57TH STREET BROOKLYN NY 11234
235-02 800534687 DE GUISTO SUSAN 102 VICKI LANE HOPEWELL JU NY 12533
235-02 800534729 BENNETT KEITH A 5144 W LITTLE WATER PEAK D RIVERTON UT 84065
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800375032 30,000.00 29,957.93 11/01/97 10/01/12 175.00 03/01/98 83.0 12.400 367.81
800375719 12,689.00 12,632.90 12/01/97 11/01/12 176.00 03/01/98 85.8 11.650 149.44
800379745 25,000.00 24,913.41 11/03/97 10/03/17 235.10 03/03/98 89.8 12.950 292.00
800392219 49,500.00 49,166.07 12/01/97 11/01/12 176.00 03/01/98 77.3 10.500 547.17
800393787 40,000.00 39,639.75 12/01/97 11/01/12 176.00 04/01/98 61.0 13.150 510.05
800404618 15,847.00 15,758.21 11/17/97 10/17/12 175.56 03/17/98 84.8 12.150 191.72
800405722 12,000.00 11,906.01 12/17/97 11/17/12 176.58 03/17/98 23.5 11.250 138.28
800409625 133,300.00 133,155.92 02/26/98 01/26/13 178.88 03/26/98 89.9 11.550 1,325.15
800410763 53,975.00 53,731.40 12/05/97 11/05/17 236.19 03/05/98 85.0 9.990 520.51
800412397 51,800.00 51,800.00 12/01/97 11/01/12 176.00 03/01/98 70.0 10.450 471.90
800414229 19,258.00 19,199.62 12/03/97 11/03/17 236.12 03/03/98 90.0 12.250 215.41
800419558 68,500.00 68,500.00 01/01/98 12/01/17 237.00 03/01/98 84.9 11.500 730.50
800419939 38,000.00 38,000.00 01/01/98 12/01/17 237.00 03/01/98 64.9 9.800 361.69
800431546 225,250.00 225,180.01 01/02/98 12/02/27 357.07 03/02/98 85.0 9.750 1,935.25
800440059 16,389.00 16,309.32 01/16/98 12/16/12 177.53 04/01/98 84.9 11.300 189.38
800442352 24,700.00 24,580.57 12/18/97 11/18/12 176.61 03/18/98 84.8 12.500 304.43
800442931 47,000.00 46,632.27 12/19/97 11/19/17 236.65 03/19/98 59.8 10.500 469.24
800443343 46,800.00 46,726.15 12/01/97 11/01/17 236.00 03/01/98 82.3 12.200 521.85
800447245 10,500.00 10,451.40 12/05/97 11/05/12 176.19 03/05/98 90.0 11.800 124.67
800448037 59,450.00 59,408.19 01/23/98 12/23/17 237.76 03/23/98 84.9 12.800 688.05
800449506 21,000.00 20,989.15 12/05/97 11/05/12 176.19 03/05/98 85.0 12.850 229.84
800452195 38,400.00 38,283.27 01/22/98 12/22/12 177.73 03/22/98 80.0 12.550 474.54
800458432 46,900.00 46,900.00 01/01/98 12/01/12 177.00 03/01/98 84.7 13.100 522.48
800459836 57,537.00 57,474.28 02/01/98 01/01/13 178.00 03/01/98 83.5 13.050 638.72
800461709 42,500.00 42,453.93 02/15/98 01/15/13 178.52 03/15/98 85.0 12.550 455.23
800467722 44,000.00 43,844.42 01/01/98 12/01/12 177.00 03/01/98 84.7 12.250 535.17
800472334 35,000.00 35,000.00 02/16/98 01/16/18 238.55 02/16/98 85.7 12.250 391.50
800473019 143,400.00 143,303.79 01/17/98 12/17/27 357.57 03/17/98 75.4 9.550 1,211.02
800476566 40,000.00 39,985.47 01/01/98 12/01/12 177.00 03/01/98 72.9 11.000 380.93
800476707 29,750.00 29,655.44 01/05/98 12/05/12 177.17 03/05/98 70.0 10.450 327.93
800481731 33,000.00 33,000.00 02/05/98 01/05/18 238.19 02/05/98 79.7 13.750 404.39
800484990 52,800.00 52,800.00 02/15/98 01/15/13 178.52 03/15/98 77.9 9.650 556.14
800487084 23,700.00 23,700.00 03/01/98 02/01/28 359.00 03/01/98 84.9 10.000 207.98
800487993 15,600.00 15,541.63 01/01/98 12/01/12 177.00 03/01/98 84.9 11.750 184.72
800490401 84,500.00 84,500.00 01/09/98 12/09/17 237.30 02/09/98 51.5 11.050 875.08
800491136 25,000.00 24,939.40 02/01/98 01/01/18 238.00 04/01/98 83.7 13.000 292.89
800491144 39,730.00 39,730.00 03/01/98 02/01/13 179.00 03/01/98 64.7 12.040 477.85
800491169 48,250.00 48,120.65 02/01/98 01/01/18 238.00 04/01/98 84.4 11.750 522.89
800492316 16,000.00 15,926.03 02/01/98 01/01/13 178.00 04/01/98 79.4 12.000 192.03
800493355 18,000.00 18,000.00 01/16/98 12/16/17 237.53 02/16/98 87.6 11.100 187.03
800493876 48,000.00 48,000.00 02/05/98 01/05/18 238.19 03/05/98 75.0 14.250 605.63
800494213 52,600.00 52,600.00 01/23/98 12/23/12 177.76 02/23/98 90.0 11.850 626.23
800496549 32,900.00 32,896.76 02/13/98 01/13/28 358.45 03/13/98 70.0 11.950 337.15
800500084 35,000.00 35,000.00 03/20/98 02/20/13 179.70 03/20/98 73.9 13.100 445.14
800502692 35,000.00 34,985.24 02/07/98 01/07/18 238.26 03/07/98 89.9 10.800 356.51
800503112 77,000.00 76,984.87 02/20/98 01/20/18 238.68 03/20/98 75.2 9.550 720.26
800505265 259,250.00 259,250.00 02/14/98 01/14/28 358.49 02/14/98 85.0 10.800 2,429.80
800506651 27,200.00 27,200.00 02/05/98 01/05/18 238.19 03/05/98 84.9 10.450 270.65
800511123 28,000.00 27,919.96 02/01/98 01/01/18 238.00 04/01/98 87.4 11.050 289.97
800511347 18,028.00 17,855.30 02/12/98 01/12/18 238.42 04/12/98 88.8 11.050 186.70
800511883 28,300.00 28,300.00 03/01/98 02/01/13 179.00 03/01/98 84.9 11.500 330.60
800513004 150,000.00 149,895.00 01/24/98 12/24/12 177.80 03/24/98 88.2 10.800 1,405.86
800513657 45,325.00 45,186.35 02/01/98 01/01/18 238.00 04/01/98 85.0 10.300 446.44
800516486 17,000.00 16,978.54 02/01/98 01/01/13 178.00 04/01/98 88.7 11.050 162.54
800520181 176,250.00 176,250.00 02/20/98 01/20/13 178.68 02/20/98 75.0 10.950 1,671.81
800523698 30,600.00 30,583.04 02/26/98 01/26/18 238.88 03/26/98 85.6 11.650 329.50
800523904 582,250.00 582,250.00 03/04/98 02/04/13 179.18 03/04/98 85.0 9.550 6,097.58
800524365 20,000.00 20,000.00 02/12/98 01/12/18 238.42 03/12/98 89.8 11.300 210.54
800525461 52,000.00 51,851.36 02/01/98 01/01/18 238.00 04/01/98 89.4 11.050 538.51
800528184 16,900.00 16,882.30 02/20/98 01/20/18 238.68 03/20/98 80.8 12.850 196.19
800528572 16,550.00 16,550.00 02/07/98 01/07/13 178.26 03/07/98 79.9 12.850 207.77
800529075 48,800.00 48,800.00 02/22/98 01/22/13 178.75 02/22/98 84.9 11.900 498.21
800529927 31,407.00 31,365.81 02/21/98 01/21/13 178.72 03/21/98 84.9 11.400 364.90
800532509 91,000.00 91,000.00 03/02/98 02/02/28 359.11 03/02/98 67.4 8.150 677.27
800533507 45,000.00 44,941.74 02/01/98 01/01/28 358.00 04/01/98 75.0 10.750 420.07
800533630 204,000.00 204,000.00 03/17/98 02/17/28 359.61 03/17/98 85.0 11.100 1,958.17
800534687 63,000.00 63,000.00 02/06/98 01/06/18 238.22 03/06/98 71.2 10.750 639.59
800534729 128,700.00 128,700.00 03/01/98 02/01/28 359.00 03/01/98 90.0 7.400 891.09
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 8 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800534802 MOYER THOMAS 12127 SE 108TH TERRACE RD BELLEVIEW FL 34420
235-02 800537037 FREAS RUTH AMY 876 PATTERSON DRIVE SARASOTA FL 34234
235-02 800538332 MCDERMOTT URI J 4011 CARPENTER AVE BRONX NY 10466
235-02 800538654 ALBRITTON BETTIE M 7159 FENTON CIRCLE ARVADA CO 80003
235-02 800539025 RAFFA ANTHONY T 5 GRAMERCY PLACE HUNTINGTON NY 11743
235-02 800539900 HUTTON JULIE ANN 3705 240TH PLACE SE ISSAQUAH WA 98029
235-02 800540445 VALENTINE TODD 1230 SMITHTOWN AVENUE BOHEMIA NY 11716
235-02 800540684 DRASHER WILLIAM M 48-49 MAIN STREET JUNEDALE PA 18230
235-02 800542235 MORAN EDWARD F 11 MARCY STREET CRANSTON RI 02905
235-02 800547945 EVANS JAMES P 4939 SAN PEDRO AVENUE SIERRA VIST AZ 85635
235-02 800549420 ROBINSON ERWIN J 300 DURHAM LAKE ROAD DUDLEY NC 28333
235-02 800549701 CHRISTIANSEN BYRON C 9948 S GLACIER RIDGE DRIVE SANDY UT 84092
235-02 800552275 RECORD DELMAR H 220 WEST ENTIAT PLACE ORONDO WA 98843
235-02 800552739 TESTERMAN BILLY 10906 CARMEL CROSSING ROAD CHARLOTTE NC 28226
235-02 800554248 SAVELL MICHAEL 121 PIKE DR SUMMERVILLE SC 29483
235-02 800554800 MORIARTY THOMAS 4401 QUEENSBURY ROAD RIVERDALE MD 20737
235-02 800557175 STEPHENS CLINTON 90 EAST 43RD STREET BROOKLYN NY 11203
235-02 800557464 MARKEY OWEN 18 NORTH MORRIS AVENUE FARMINGVILL NY 11738
235-02 800558009 CORION BROWN HELENA 391 EAST 48TH STREET BROOKLYN NY 11203
235-02 800558660 FONTINHA JOSEPH 73 MONTEBELLO ROAD JAMAICA PLA MA 02130
235-02 800560245 BLACK ROBERT D 1 ELIZABETH PLACE SOUTH NYACK NY 10960
235-02 800560898 LURRY ANNIE 1819 EAST 29TH STREET LORAIN OH 44055
235-02 800561367 HALL JAMES 6454 MOCKINGBIRD ROAD JACKSONVILL FL 32219
235-02 800563736 DUNN RENEE M 11921 BAYTREE DRIVE RIVERVIEW FL 33569
235-02 800566192 SANTIAGO EUGENIO 26825 STARDUST DRIVE BONITA SPRI FL 34135
235-02 800569048 VIDAK CHARLES J 200 HAYMONT DRIVE GIBSONIA PA 15044
235-02 800571432 SHELLY LINDA S 5541 SOUTHEAST 35TH STREET OCALA FL 34471
235-02 800574295 RUSTEN KEVIN D 1111 SANDY HOLLOW COURT SILVER SPRI MD 20905
235-02 800575672 BASTANZI NELSON 5215 PLANTATION DRIVE LAKELAND FL 33811
235-02 800577629 ROBINSON KAREN M 2003 ROSEWOOD DRIVE ANDERSON IN 46011
235-02 800577660 FAUCETT JEFFEREY L 429 SOUTH PAUL STREET ELLETTSVILL IN 47429
235-02 800578908 QUEZON FRANCES E 1817 WATROUS AVENUE TAMPA FL 33606
235-02 800579302 MUSZYNSKI EDWARD J 51 LAFAYETTE AVENUE MASTIC NY 11950
235-02 800580128 DEFILIPO FRANK P JR 255 AUBURN AVENUE STATEN ISLA NY 10314
235-02 800580383 DAVID OSSIE 939 EAST 80TH STREET BROOKLYN NY 11236
235-02 800580599 VOSS TIMOTHY 7028 13TH STREET EAST SARASOTA FL 34243
235-02 800581605 CHUPINKA STEPHEN W 141 DICIO STREET CANONSBURG PA 15317
235-02 800582298 CARRIVEAU ASTHER 7217 FORT KING ROAD ZEPHRYHILLS FL 33541
235-02 800582629 FERGUSON JIMMIE 1121 DECATUR STREET BROOKLYN NY 11207
235-02 800584047 SIFORD HOWARD JR 7036 68TH STREET NORTH PINELLAS PK FL 33781
235-02 800587537 BRICKMAN JONATHAN M 3 GLENWOOD AVE NEWTON MA 02159
235-02 800587586 BALTIMORE CHARLES W 126 TOUCHFIELD CT COLUMBIA SC 29223
235-02 800588097 WILLIAMS ARLO V 9648 WOODLAND AVENUE JACKSONVILL FL 32208
235-02 800588535 PALOMBO VINCENT J 624 BUTTONWOODS AVENUE WARWICK RI 02886
235-02 800588766 DUNION HUGH J 9258 REGATTA CIRCLE SPRING HILL FL 34606
235-02 800590564 OBRYAN RICHARD E JR 1612 LADY SLIPPER CIRCLE ORLANDO FL 32825
235-02 800591141 DANDREA JAMES V 7384 COLUMBUS ROAD SW PATASKALA OH 43062
235-02 800592008 ALUISY GARY N 471 11TH AVENUE NORTH ST PETERSBU FL 33701
235-02 800592461 KNIGHT LINDA A 1352 EAST 345TH STREET EASTLAKE OH 44095
235-02 800597577 PARTSCH CHERYL 7707 WILLOW BROOK COURT HUDSON FL 34667
235-02 800597742 CAROSELLI BONNIE 7415 SEASHORE DRIVE PORT RICHEY FL 34668
235-02 800599029 BLAES WILLIAM E 7853 NORTHEAST CR 314A SILVER SPRI FL 34488
235-02 800599078 CALLAHAN GARY M 525 NOXON ROAD LAGRANGEVIL NY 12540
235-02 800599177 LIU CHAO-CHIN 4355 NORTH INDIAN RIVER DR COCOA FL 32927
235-02 800599565 STAHLSCHMIDT ROBERT H II 5208 CALLE DE RIO SARASOTA FL 34242
235-02 800601361 JURGELA IRENE 306 41ST AVENUE ST PETERSBU FL 33706
235-02 800604043 CUSHION OTIS JR 1919 EAST JEAN STREET TAMPA FL 33610
235-02 800604472 RAMDAYAL JAGDEO 174 HEATHCOTE ROAD ELMONT NY 11003
235-02 800604647 SCHOU TROND 5338 MAJESTIC COURT CAPE CORAL FL 33904
235-02 800604787 ROBERTSON CHARLES HERMAN 42 LAKE ARROWHEAD DRIVE WINTER HAVE FL 33880
235-02 800605818 SMYERS SALLIE A 7144 FLANDERS WAY SACRAMENTO CA 95842
235-02 800608606 GENTILE ANTHONY 11481 137TH STREET NORTH LARGO FL 33774
235-02 800613846 MCWILLIAMS ADDISON W 6141 FREEMONT STREET NORTH PORT FL 34287
235-02 800614778 PAULSON PAMELA E 2604 WOOD STREET SARASOTA FL 34237
235-02 800617813 THOMAS LAURIE J 2302 NORTH BOND SAGINAW MI 48602
235-02 800622326 GILLIAM GARTH JEROME 1784 DOUGLAS AVENUE CLEARWATER FL 33755
235-02 800622409 MINIER ROBERT D JR 15182 VERONA AVENUE CLEARWATER FL 33760
235-02 800624553 SCULL KATHY A 176 COLE DRIVE N KINGSTOWN RI 02852
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800534802 52,700.00 52,700.00 02/09/98 01/09/18 238.32 03/09/98 85.0 11.400 558.38
800537037 14,000.00 14,000.00 03/19/98 02/19/13 179.67 03/19/98 36.5 8.150 135.01
800538332 197,700.00 197,700.00 03/23/98 02/23/28 359.80 03/23/98 82.3 8.750 1,555.31
800538654 25,000.00 25,000.00 02/01/98 01/01/13 178.00 03/01/98 81.0 12.300 262.94
800539025 57,000.00 57,000.00 02/12/98 01/12/18 238.42 03/12/98 84.6 12.750 657.67
800539900 22,200.00 22,088.43 03/01/98 02/01/28 359.00 04/01/98 85.0 10.000 194.82
800540445 18,100.00 18,100.00 03/17/98 02/17/13 179.61 03/17/98 80.7 12.000 217.23
800540684 33,300.00 33,300.00 03/12/98 02/12/28 359.44 03/12/98 90.0 10.150 295.93
800542235 67,000.00 66,855.12 02/12/98 01/12/28 358.42 03/12/98 59.2 8.800 529.48
800547945 53,900.00 53,900.00 03/01/98 02/01/18 239.00 03/01/98 89.9 9.800 513.02
800549420 68,850.00 68,850.00 03/02/98 02/02/18 239.11 03/02/98 85.0 12.200 767.72
800549701 60,000.00 60,000.00 04/01/98 03/01/13 180.00 04/01/98 81.6 11.100 685.73
800552275 10,750.00 10,651.61 03/01/98 02/01/13 179.00 04/01/98 83.4 12.800 117.24
800552739 11,900.00 11,900.00 03/11/98 02/11/13 179.41 03/11/98 85.0 11.500 139.01
800554248 44,625.00 44,625.00 03/18/98 02/18/18 239.64 03/18/98 75.0 10.750 453.05
800554800 26,500.00 26,500.00 02/28/98 01/28/13 178.95 02/28/98 80.0 10.400 240.43
800557175 55,500.00 55,500.00 03/19/98 02/19/13 179.67 03/19/98 25.2 9.150 567.88
800557464 52,000.00 51,886.99 02/21/98 01/21/18 238.72 03/21/98 89.4 11.200 543.83
800558009 162,000.00 162,000.00 02/28/98 01/28/13 178.95 02/28/98 90.0 10.150 1,439.65
800558660 45,780.00 45,780.00 03/17/98 02/17/13 179.61 03/17/98 81.6 12.350 559.79
800560245 35,000.00 35,000.00 03/01/98 02/01/18 239.00 03/01/98 66.7 12.250 391.50
800560898 25,500.00 25,451.53 02/22/98 01/22/18 238.75 03/22/98 85.0 8.650 223.72
800561367 33,750.00 33,750.00 03/06/98 02/06/13 179.24 03/06/98 75.0 12.750 421.48
800563736 40,000.00 40,000.00 03/02/98 02/02/13 179.11 03/02/98 74.0 8.900 403.33
800566192 58,500.00 58,500.00 03/06/98 02/06/18 239.24 03/06/98 90.0 10.900 599.85
800569048 24,310.00 24,310.00 03/13/98 02/13/13 179.47 03/13/98 89.9 10.650 270.99
800571432 35,000.00 34,834.93 03/01/98 02/01/13 179.00 04/01/98 69.0 9.600 367.59
800574295 108,000.00 108,000.00 03/17/98 02/17/28 359.61 03/17/98 90.0 9.650 919.97
800575672 32,625.00 32,625.00 03/17/98 02/17/08 119.61 03/17/98 75.0 12.000 468.07
800577629 10,000.00 10,000.00 03/23/98 02/23/13 179.80 03/23/98 74.0 12.850 125.54
800577660 80,700.00 80,700.00 03/05/98 02/05/13 179.21 03/05/98 84.9 9.600 684.47
800578908 20,000.00 20,000.00 03/02/98 02/02/13 179.11 03/02/98 58.1 9.850 213.09
800579302 58,000.00 58,000.00 02/27/98 01/27/18 238.92 02/27/98 75.3 10.250 569.35
800580128 187,800.00 187,800.00 03/23/98 02/23/18 239.80 03/23/98 59.6 8.900 1,677.63
800580383 45,453.00 45,453.00 04/01/98 03/01/13 180.00 04/01/98 89.9 11.450 448.38
800580599 20,000.00 20,000.00 03/11/98 02/11/18 239.41 03/11/98 80.0 11.600 214.67
800581605 33,950.00 33,950.00 03/10/98 02/10/13 179.38 03/10/98 69.9 10.350 372.13
800582298 38,250.00 38,250.00 03/19/98 02/19/28 359.67 03/19/98 85.0 8.150 284.67
800582629 40,000.00 40,000.00 03/19/98 02/19/13 179.67 03/19/98 79.3 10.900 452.13
800584047 11,500.00 11,500.00 03/17/98 02/17/13 179.61 03/17/98 74.2 9.800 122.18
800587537 75,000.00 75,000.00 03/11/98 02/11/13 179.41 03/11/98 47.8 9.850 799.09
800587586 12,035.00 12,035.00 03/18/98 02/18/18 239.64 03/18/98 89.9 10.400 119.35
800588097 49,000.00 49,000.00 03/09/98 02/09/18 239.34 03/09/98 57.6 7.750 402.26
800588535 26,633.00 26,633.00 03/06/98 02/06/13 179.24 03/06/98 75.0 12.350 281.15
800588766 64,000.00 64,000.00 03/19/98 02/19/28 359.67 03/19/98 75.2 7.900 465.16
800590564 18,600.00 18,600.00 03/11/98 02/11/13 179.41 03/11/98 79.9 11.600 218.47
800591141 123,200.00 123,200.00 03/11/98 02/11/13 179.41 03/11/98 84.9 8.650 1,224.06
800592008 15,151.00 15,151.12 03/06/98 02/06/08 119.24 03/06/98 90.0 10.650 205.72
800592461 65,500.00 65,500.00 03/11/98 02/11/13 179.41 03/11/98 66.8 8.250 492.08
800597577 18,000.00 18,000.00 03/17/98 02/17/13 179.61 03/17/98 72.2 10.200 195.64
800597742 39,100.00 39,100.00 03/18/98 02/18/13 179.64 03/18/98 85.0 7.900 371.41
800599029 50,000.00 48,471.92 03/11/98 02/11/18 239.41 03/11/98 79.5 8.750 441.86
800599078 40,000.00 40,000.00 03/18/98 02/18/13 179.64 03/18/98 73.2 9.850 426.18
800599177 66,750.00 66,750.00 03/17/98 02/17/13 179.61 03/17/98 74.3 10.700 620.59
800599565 57,700.00 57,700.00 03/18/98 02/18/13 179.64 03/18/98 84.9 8.250 433.48
800601361 85,500.00 85,500.00 03/23/98 02/23/28 359.80 03/23/98 59.3 8.850 678.74
800604043 12,200.00 12,200.00 03/17/98 02/17/08 119.61 03/17/98 84.8 10.850 167.02
800604472 78,000.00 78,000.00 03/23/98 02/23/18 239.80 03/23/98 89.4 10.000 752.72
800604647 77,400.00 77,400.00 03/17/98 02/17/13 179.61 03/17/98 79.9 10.850 728.34
800604787 59,750.00 59,750.00 03/13/98 02/13/13 179.47 03/13/98 84.7 10.600 551.03
800605818 53,250.00 53,250.00 04/01/98 03/01/13 180.00 04/01/98 69.1 7.000 354.27
800608606 60,000.00 60,000.00 03/23/98 02/23/28 359.80 03/23/98 77.9 7.990 439.84
800613846 30,000.00 30,000.00 03/17/98 02/17/28 359.61 03/17/98 75.0 8.400 228.55
800614778 13,350.00 13,350.00 03/11/98 02/11/13 179.41 03/11/98 90.0 10.400 146.74
800617813 41,200.00 41,200.00 03/20/98 02/20/28 359.70 03/20/98 74.9 8.000 302.31
800622326 64,350.00 64,350.00 03/17/98 02/17/28 359.61 03/17/98 65.0 8.850 510.84
800622409 54,400.00 54,400.00 03/11/98 02/11/18 239.41 03/11/98 80.0 8.250 463.52
800624553 74,000.00 74,000.00 03/13/98 02/13/13 179.47 03/13/98 79.9 12.850 809.92
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 9 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800626376 DOMINGUEZ ALFRED 1671 SARALYNN DRIVE SAN JOSE CA 95121
235-02 800626624 SHATLEY MARVIN F JR 119 D LINCOLN HIGHWAY THOMASVILLE PA 17364
235-02 800627226 CURRAN LAWRENCE E RR 1 BOX 1066 GOULDSBORO PA 18424
235-02 800231664 DISTANT LORENZO 510 LAFAYETTE AVENUE BROOKLYN NY 11205
235-02 800297749 MENDINI RICHARD G 3101 W TURNER STREET ALLENTOWN PA 18104
235-02 800308298 HARD DAVID SR 664 NORTH 500 EAST OREM UT 84097
235-02 800314411 NARCISSE ROSETTE 1445 EAST 84TH STREET BROOKLYN NY 11236
235-02 800321614 MINKARA BILLIE ZAID 112 IDLEWOOD AVE KENNESAW GA 30144
235-02 800324519 SMALLETS ROBERT T 1535 W ARCH STREET COAL TWNSHP PA 17866
235-02 800329799 PINA MARGARET 127 129 PLEASANT STREET CRANSTON RI 02910
235-02 800331738 KOZO-OBRIEN CONSTANCE M 11 MEMORIAL STREET EXETER PA 18643
235-02 800335432 WAITE WENDELL E 17002 EAST PECOS ROAD HIGLEY AZ 85236
235-02 800343519 SMITH WESLEY D 3170 145TH STREET WEST ROSEMOUNT MN 55068
235-02 800368912 ZAUNER MICHAEL 16 TEKENING WAY HAMILTON SQ NJ 08690
235-02 800374423 FLEISCHER CARL H 14530 WOOD ROAD ALPHARETTA GA 30004
235-02 800376584 JONES LAURA V 4349 SW CLOVERDALE STREET SEATTLE WA 98136
235-02 800378648 WILLIAMS D RUTH 632 ELLISON PARKWAY HAINES CITY FL 33844
235-02 800380479 BARTKOSKI BETTY J 6748 GREENGROVE DRIVE LAS VEGAS NV 89103
235-02 800386526 STANO JOHN JR 36 ALLEGHENY DRIVE BLAKESLEE PA 18610
235-02 800390155 RUSSELL THERESA 84 SCHOFIELD AVENUE BRONX NY 10464
235-02 800390296 MESSIER JOSEPH C JR 109 FOREST STREET N ANDOVER MA 01845
235-02 800392086 CHANG CHIN WOO 9305 KILBY GLEN DRIVE VIENNA VA 22182
235-02 800393472 RADA HASSAN 47 VICTORIA ROAD STATEN ISLA NY 10312
235-02 800395915 ILOWIT ELIZABETH JANE 4 WILD CHERRY LANE TOBYHANNA PA 18466
235-02 800397200 CORNABY TRAVIS COREY 815 SOUTH 700 EAST SALT LK CTY UT 84102
235-02 800397366 PRUATT THOMAS NNA SONES ROAD ELLENSBURG WA 98926
235-02 800404717 ROSENBAUM JOSEPH I 500 SECOND STREET LAKEWOOD NJ 08701
235-02 800407041 AGUSTIN GEORGE A 8476 BESSIE PLACE NW SILVERDALE WA 98383
235-02 800407124 CAMPBELL BARBARA A 5830 BLUEBERRY STREET YORBA LINDA CA 92886
235-02 800408742 BREEDLOVE RICHARD 4010 LONGHORN DRIVE LAKE WALES FL 33853
235-02 800409278 NICE EDWARD 238 DEMAREST ROAD MOORESTOWN NJ 08057
235-02 800411845 SHULESKI MILDRED A 203-205 MATSON AVENUE WILKES BARR PA 18705
235-02 800413031 ELDREDGE STEPHEN R 38 BHASKING RIDGE ROAD WILTON CT 06897
235-02 800415903 NIGHTINGALE DIANA L 3406 BRAESIDE PLACE CLEARWATER FL 34619
235-02 800417172 MOSBLECH WILLIAM J 1908 VENETIA STREET KEY WEST FL 33040
235-02 800418501 TANG SANG 4889 WEST FARMER CIRCLE WEST VALLEY UT 84120
235-02 800418634 JOSEPH COLIN F 329 HALSEY STREET BROOKLYN NY 11216
235-02 800419087 ROJA KENNETH L 4306 WEST SEVILLA STREET TAMPA FL 33629
235-02 800419319 HALE SHARON L 10105 8TH AVENUE COURT S TACOMA WA 98444
235-02 800419772 BROWN RICHARD 519 EAGLETON TRACE COVE PALM BEACH FL 33418
235-02 800420846 LANZBOM CINDY 3 SANSBERRY LANE SPRING VALL NY 10977
235-02 800424921 RIOS RONALD PATRICK 7515 MARYLAND AVENUE HUDSON FL 34667
235-02 800424970 BONNER JOHN 429 SUSQUEHANNA STREET FOREST CITY PA 18421
235-02 800426215 LEO CATHERINE L 92 CHESTNUT STREET BETHEL CT 06801
235-02 800428716 BURNETT MARJARIE 420 WEST ASHDALE STREET PHILADELPHI PA 19120
235-02 800432338 DUFFY THOMAS E 7110 POLO HILL CUMMING GA 30040
235-02 800432866 SHEED WILFRED UNGERER 1 STOCK FARM LANE SAG HARBOR NY 11963
235-02 800435034 ENGLISH DEBORAH 2418 JACKSON STREET SCRANTON PA 18504
235-02 800435604 AL-ARAB MUHAMMAD 14108 123RD AVE NORTHEAST KIRKLAND WA 98034
235-02 800436503 LEREBOURS JOSE 31 JOHN STREET INWOOD NY 11096
235-02 800437394 POTTER CODY MARK 64 WEST 200 SOUTH HUNTINGTON UT 84528
235-02 800437998 LAWSON WILLIAM C IV 302 MEADOWVIEW DRIVE COLLEGEVILL PA 19426
235-02 800438673 DAGOSTINO JOANN 922 CLEVELAND STREET W HEMPSTEAD NY 11552
235-02 800438848 SHIN OH SHIK 41 12 75TH STREET ELMHURST NY 11373
235-02 800439176 JH HYEO SEUNG 62 KENSINGTON DRIVE FORT LEE NJ 07024
235-02 800439713 RANEY THORNTON Q LOT 17 SPORTSMANS DRIVE CANADENSIS PA 18325
235-02 800441081 MERCER RONALD W 432 AVENUE I SNOHOMISH WA 98290
235-02 800442113 ASH KATHLEEN M 152 CAMERON STREET PAWTUCKET RI 02860
235-02 800443103 BARRICK DONALD 5 TONY DRIVE KINGS PARK NY 11754
235-02 800443640 RATONEL MARCONI C 1515 L AVENUE NATIONAL CI CA 91950
235-02 800445744 WONG BOBBY Y 45-63 156TH STREET FLUSHING NY 11355
235-02 800446502 SLATON BOBBY JR 970 ROMER PLACE STONE MOUNT GA 30083
235-02 800448664 THOMPSON TINA 1231 WEST DUPONT AVENUE SLT LK CITY UT 84116
235-02 800449639 MIKOLINSKI PAUL S 54 RUNNING BROOK DRIVE KILLINGWORT CT 06419
235-02 800449811 WOMACK LAURA 84 DOBSON ROAD VERNON CT 06066
235-02 800452724 VIOLA JUDY 1398 MILLER ROAD POTTSTOWN PA 19465
235-02 800452922 MARTINEZ DORINA 770 MIDSTATE LOOP CLEWISTON FL 33440
235-02 800453284 DELPINO ROBERT L 621 GLENWOOD ROAD YORKTOWN HE NY 10598
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800626376 19,500.00 19,500.00 04/01/98 03/01/13 180.00 04/01/98 90.0 10.800 219.19
800626624 43,522.00 43,522.00 03/23/98 02/23/18 239.80 03/23/98 89.9 10.900 446.27
800627226 80,000.00 80,000.00 03/18/98 02/18/18 239.64 03/18/98 62.0 8.600 699.33
800231664 155,700.00 155,700.00 08/14/97 07/14/12 172.44 02/14/98 90.0 12.100 1,878.69
800297749 17,500.00 17,257.79 09/27/97 08/27/12 173.88 02/27/98 89.9 12.450 215.13
800308298 19,550.00 19,540.81 11/01/97 10/01/12 175.00 03/01/98 85.0 12.900 214.73
800314411 234,900.00 234,785.17 10/03/97 09/03/12 174.12 03/03/98 90.0 10.900 2,219.28
800321614 39,000.00 38,959.26 11/04/97 10/04/12 175.13 02/04/98 65.0 11.150 375.83
800324519 37,187.00 36,557.20 11/10/97 10/10/07 115.33 03/10/98 90.0 11.700 527.10
800329799 59,310.00 59,237.83 11/10/97 10/10/12 175.33 02/10/98 84.9 11.500 587.34
800331738 97,750.00 97,629.17 10/10/97 09/10/12 174.35 03/10/98 85.0 12.750 1,062.25
800335432 24,700.00 24,562.44 11/02/97 10/02/12 175.07 03/02/98 79.3 12.900 310.90
800343519 34,400.00 33,474.50 11/01/97 10/01/12 175.00 03/01/98 89.9 11.050 392.07
800368912 28,530.00 28,419.88 12/26/97 11/26/12 176.88 02/26/98 84.3 13.300 322.31
800374423 100,000.00 99,782.31 11/24/97 10/24/12 175.79 03/24/98 73.2 11.300 975.07
800376584 48,450.00 48,187.60 11/01/97 10/01/12 175.00 03/01/98 84.9 13.150 617.80
800378648 22,500.00 22,419.76 11/15/97 10/15/12 175.50 03/15/98 59.2 13.150 286.90
800380479 34,640.00 34,617.29 12/01/97 11/01/12 176.00 03/01/98 84.9 12.800 377.78
800386526 36,000.00 35,782.14 11/09/97 10/09/12 175.30 03/09/98 84.6 12.950 396.83
800390155 65,000.00 64,703.95 12/21/97 11/21/12 176.71 03/21/98 38.2 11.300 751.08
800390296 39,700.00 39,608.21 11/27/97 10/27/12 175.89 02/27/98 71.5 13.150 506.22
800392086 75,000.00 75,000.00 01/01/98 12/01/12 177.00 03/01/98 84.4 13.950 885.69
800393472 193,500.00 193,288.94 01/22/98 12/22/12 177.73 03/22/98 90.0 10.150 1,719.59
800395915 119,000.00 118,648.79 12/20/97 11/20/12 176.68 03/20/98 70.0 9.850 1,031.15
800397200 21,354.00 21,048.17 12/01/97 11/01/17 236.00 03/01/98 79.8 14.650 275.68
800397366 84,600.00 84,600.00 02/01/98 01/01/23 298.00 03/01/98 90.0 11.900 884.78
800404717 82,776.00 82,760.58 01/08/98 12/08/12 177.27 02/08/98 80.0 13.900 974.24
800407041 25,000.00 24,954.17 12/07/97 11/07/17 236.25 03/07/98 84.3 14.600 321.84
800407124 65,600.00 65,580.38 01/15/98 12/15/12 177.50 03/15/98 78.2 11.800 664.69
800408742 53,000.00 52,640.30 12/01/97 11/01/12 176.00 03/01/98 88.3 12.050 637.79
800409278 91,600.00 90,696.86 12/17/97 11/17/12 176.58 03/17/98 84.7 12.500 1,129.00
800411845 22,500.00 22,492.72 02/05/98 01/05/13 178.19 03/05/98 84.9 12.550 278.05
800413031 44,000.00 43,716.17 12/01/97 11/01/12 176.00 04/01/98 79.7 12.150 457.68
800415903 112,600.00 111,753.91 12/17/97 11/17/12 176.58 03/17/98 84.9 12.700 1,402.51
800417172 32,500.00 32,469.09 12/17/97 11/17/17 236.58 02/17/98 84.8 12.450 368.11
800418501 22,545.00 22,502.00 01/01/98 12/01/12 177.00 03/01/98 89.8 12.125 272.39
800418634 168,000.00 167,915.33 11/24/97 10/24/12 175.79 02/24/98 80.0 14.400 2,043.89
800419087 12,000.00 12,000.00 02/28/98 01/28/13 178.95 02/28/98 43.2 10.750 112.02
800419319 50,198.00 50,113.68 12/01/97 11/01/17 236.00 03/01/98 84.9 13.400 602.47
800419772 54,000.00 54,000.00 12/13/97 11/13/12 176.45 02/13/98 89.8 12.300 658.55
800420846 14,725.00 14,725.00 01/22/98 12/22/12 177.73 02/22/98 80.9 13.650 170.41
800424921 36,000.00 35,821.84 12/04/97 11/04/17 236.15 03/04/98 90.0 11.550 385.16
800424970 26,910.00 26,889.85 01/04/98 12/04/27 357.14 03/04/98 90.0 10.800 252.22
800426215 83,000.00 82,893.94 12/25/97 11/25/12 176.84 03/25/98 68.8 10.900 784.16
800428716 10,000.00 9,925.04 11/27/97 10/27/12 175.89 03/27/98 84.9 13.300 128.51
800432338 68,250.00 68,250.00 12/21/97 11/21/12 176.71 02/21/98 84.7 13.050 757.65
800432866 30,000.00 30,000.00 02/21/98 01/21/13 178.72 02/21/98 42.0 11.750 355.24
800435034 10,800.00 10,800.00 02/21/98 01/21/13 178.72 02/21/98 84.9 12.350 132.06
800435604 72,950.00 72,480.41 02/01/98 01/01/13 178.00 04/01/98 83.4 13.350 939.86
800436503 128,800.00 128,800.00 01/22/98 12/22/12 177.73 03/22/98 80.0 13.400 1,465.16
800437394 13,050.00 13,050.00 01/01/98 12/01/12 177.00 03/01/98 89.8 12.350 137.76
800437998 27,493.00 27,482.61 12/15/97 11/15/12 176.52 02/15/98 84.9 12.990 347.68
800438673 70,000.00 69,498.20 12/06/97 11/06/12 176.22 03/06/98 66.2 10.750 784.66
800438848 50,000.00 50,000.00 02/28/98 01/28/13 178.95 02/28/98 84.8 12.600 619.52
800439176 78,000.00 77,976.67 01/01/98 12/01/12 177.00 03/01/98 79.8 11.800 790.33
800439713 26,200.00 26,009.93 12/24/97 11/24/12 176.81 03/24/98 85.4 12.550 323.78
800441081 36,500.00 36,348.68 12/21/97 11/21/12 176.71 03/21/98 84.8 12.250 443.95
800442113 20,000.00 19,914.47 01/12/98 12/12/12 177.40 03/12/98 85.0 13.050 253.71
800443103 70,000.00 69,643.70 12/24/97 11/24/12 176.81 03/24/98 79.4 11.200 677.23
800443640 130,000.00 129,693.10 01/15/98 12/15/17 237.50 03/15/98 83.3 11.750 1,408.82
800445744 42,400.00 42,400.00 01/22/98 12/22/12 177.73 02/22/98 85.9 11.500 419.88
800446502 17,000.00 16,834.39 02/01/98 01/01/13 178.00 04/01/98 84.6 12.950 187.39
800448664 46,500.00 46,498.37 12/26/97 11/26/12 176.88 02/26/98 82.1 13.050 516.20
800449639 160,000.00 160,000.00 01/10/98 12/10/12 177.34 03/10/98 86.4 12.100 1,658.11
800449811 18,000.00 18,000.00 02/05/98 01/05/13 178.19 03/05/98 89.7 10.650 166.68
800452724 50,000.00 49,626.77 12/12/97 11/12/17 236.42 03/12/98 78.3 11.750 541.85
800452922 31,500.00 31,457.66 01/03/98 12/03/17 237.11 03/03/98 70.0 15.000 414.79
800453284 17,000.00 16,995.14 01/24/98 12/24/12 177.80 02/24/98 80.0 12.000 174.86
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 10 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800453664 WHITING TARRIS 14 CIRCLE STREET BROCKTON MA 02401
235-02 800454001 HOWARD RONALD D 7133 LOCKLIN STREET W BLOOMFIEL MI 48324
235-02 800454167 MEALOR WILLIAM J 3030 SARDIS ROAD GAINESVILLE GA 30506
235-02 800454340 WARREN DAVID 2290 WILDWOOD LAKE DRIVE SUWANEE GA 30096
235-02 800455289 MOLTON THOMAS M 6099 PESCADERO CREEK ROAD PESCADERO CA 94060
235-02 800455826 GIOVANOGLOU GEORGE 317 CORONADO DRIVE CLEARWATER FL 34630
235-02 800455842 NARDONE TANDUM E 69 ORCHARD STREET WILKES BARR PA 18702
235-02 800455875 NARDONE TANDUM E 71 ORCHARD STREET WILKES BARR PA 18702
235-02 800456212 MIKO PETER A 822 AND 822 1/2 ISLAY ST SANTA BARBA CA 93101
235-02 800457210 BARNES BOB L 4355 WILLOW ROAD BETHEL ISLA CA 94511
235-02 800457301 LUNA MARIO 24837 34TH AVENUE SOUTH KENT WA 98032
235-02 800458119 WEISS WANDA ROSE 3817 DOVE RUN ROAD PLANT CITY FL 33565
235-02 800458200 FOX JERRY 9795 NORTHWEST 4TH STREET CORAL SPRIN FL 33071
235-02 800458333 VAZQUEZ JESUS SR 1022 SAINT REGIS PLACE SANTA ANA CA 92705
235-02 800458374 CROSSFIELD AINSWORTH GREG 2799 ALMA STREET PALO ALTO CA 94306
235-02 800460081 SALLEE JULIE A 3604 MARCELLA LANE INDIANAPOLI IN 46222
235-02 800461840 FRIEND JOHN SR 4516 SOUTH CHIRPER DRIVE LECANTO FL 34461
235-02 800462749 PURINGTON SCOTT W 112 NW 76TH STREET SEATTLE WA 98117
235-02 800462756 FORSYTH CHUCK EDWARD 19100 NORTHWEST 60TH AVE ORANGE LAKE FL 32686
235-02 800464117 KADING ALAN E 26159 SKY DRIVE ESCONDIDO CA 92026
235-02 800464356 WALDRON CAROL J 241 CENTER STREET LANDING NJ 07850
235-02 800464372 DELANO DANNY JAY SR 9502 REX STREET HUDSON FL 34669
235-02 800464802 ZIZOS PERRY 83 ALMOND DRIVE TOMS RIVER NJ 08754
235-02 800465429 PERSLEY GLADYS 1065 AILEEN STREET OAKLAND CA 94608
235-02 800466567 DITCHLEY VICTORIA 301 W ROBERTS ROAD INDIANAPOLI IN 46217
235-02 800466617 MARTENSEN MARK WARREN 1037 ARROYO DRIVE CHULA VISTA CA 91910
235-02 800467219 HOPPE JOHN R 3307 SOUTH BERNIE ROAD CAMANO ISLA WA 98292
235-02 800469835 HARTUNG WILLIAM J 1213 SW 53RD TERRACE CAPE CORAL FL 33914
235-02 800470825 GALLOWAY SHEILA L 1927 KELTY ROAD FRANKTOWN CO 80116
235-02 800471013 VITELLAS STEFANOS 31-34 74TH STREET JACKSON HTS NY 11363
235-02 800471237 HERBST EDWARD M 145 VALLEY ROAD WINDSOR PA 17366
235-02 800471641 BATALLA BUENA C 89-14 202ND STREET HOLLIS NY 11423
235-02 800472110 JOHNSON LINDA L 33260 34TH AVENUE SW FEDERAL WAY WA 98023
235-02 800473480 WAGNER ORVILLE II 206 W VINE STREET LANCASTER PA 17603
235-02 800473506 LUBOMIRSKI DOMINIK W 11315 EAST APPALOOSA PLACE SCOTTSDALE AZ 85259
235-02 800473944 DAVIS LEO RUSSELL 7425 WEST CORRINE DRIVE PEORIA AZ 85381
235-02 800474082 FLORENCE GARY R 360 GLOUCESTER STREET SAFETY HARB FL 34695
235-02 800475212 AUSTIN-LOWE KATHLEENE M 335 SOUTH ROAD EXETER RI 02822
235-02 800475501 FANELLI NICHOLAS S 137 NORFOLK COURT SOUDERTON PA 18964
235-02 800476145 DIAZ ANA LUCIA 48 STRAWBERRY HILL AVE 1 STAMFORD CT 06902
235-02 800476236 KATCHEN MARK K 2804 SAN ISIDRO TAMPA FL 33629
235-02 800478075 TOWLES JENNETT 7260 CAMDEN HIGHWAY REMBERT SC 29128
235-02 800478893 ZIZZO LOUIS J 3711 CRANE PLACE SAN DIEGO CA 92103
235-02 800478927 SAMUELSOHN STEPHANIE W 55 KINDERHOOK STREET CHATHAM NY 12037
235-02 800479859 QUIROZ-BACA BETTY J 3781 WALDWICK CIRCLE CAMERON PK CA 95682
235-02 800479867 RAY GREG A 463 SOUTH 1200 EAST SALT LK CTY UT 84102
235-02 800480667 ROWLAND WILLIAM D 20 GREENVILLE AVE JOHNSTON RI 02919
235-02 800481715 MERME ALEX 5222 AVENUE T BROOKLYN NY 11234
235-02 800483232 FORD MARCIA L 650 EAST 49TH STREET BROOKLYN NY 11234
235-02 800483273 POLEN CALVIN R 6405-6435 EAST 14TH AVENUE DENVER CO 80220
235-02 800483406 GANDEL SHRAGA 43 SATMAR DRIVE UNIT 302 MONROE NY 10950
235-02 800483638 MILLARD KARL M 10630 BONIFACE POINT DRIVE PLAINWELL MI 49080
235-02 800484107 SPAGNOLA-STR KIMBERLY R 928 HUMMER DRIVE NEDERLAND CO 80466
235-02 800484230 RESTER FRANK R 22806 LINDEN LANE MAGNOLIA TX 77355
235-02 800484248 BOLEN BRYAN R 5851 EAST CAMPO BELLO DR SCOTTSDALE AZ 85254
235-02 800484826 WHITE TIMOTHY M 290 41ST STREET LINDENHURST NY 11757
235-02 800484909 KOENIG GERALD J 798 CHEHALIS PLACE N KEIZER OR 97303
235-02 800485203 STONE DAVID P 9825 EAST HARMONY LANE TUCSON AZ 85748
235-02 800486466 JANKOVICH TODD A 3571 SEAGLEN DRIVE RANCHO PALO CA 90275
235-02 800486920 SMITH RUSSELL E JR 4230 MYRIAH COURT BETHLEHEM PA 18020
235-02 800487068 KELL MYRON 2410 GARDEN STREET AUBURNDALE FL 33823
235-02 800487779 COTTER CHARLES 3751 EAST CULLUMBER STREET GILBERT AZ 85234
235-02 800487829 DODGE BRUCE G 5436 232ND AVE SOUTHEAST ISSAQUAH WA 98029
235-02 800489510 SCHLENDER PHYLLIS C 2955 SOUTH HUDSON STREET DENVER CO 80222
235-02 800490237 LEE LAN YING 708 EAST LAKE FRONT CIRCLE SMITHVILLE NJ 08201
235-02 800491177 STEELY JUNE M 4735 EAST 129TH COURT THORNTON CO 80241
235-02 800492159 BRATTEN DENISE R 624 W 4TH STREET WILMINGTON DE 19801
235-02 800492878 GEGG ROBERT E 121 NORTHWEST 5TH TERRACE CAPE CORAL FL 33909
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800453664 50,150.00 50,150.00 01/05/98 12/05/12 177.17 03/05/98 85.0 9.800 432.71
800454001 141,600.00 141,524.33 12/17/97 11/17/12 176.58 03/17/98 74.0 11.550 1,407.66
800454167 15,800.00 15,764.74 01/22/98 12/22/12 177.73 03/22/98 80.0 13.650 206.71
800454340 44,426.00 44,346.12 01/19/98 12/19/12 177.63 03/19/98 85.0 13.000 562.10
800455289 83,500.00 83,477.70 02/01/98 01/01/18 238.00 03/01/98 85.0 11.500 890.47
800455826 256,000.00 255,977.67 01/03/98 12/03/27 357.11 03/03/98 80.0 9.750 2,199.44
800455842 28,980.00 28,935.49 12/21/97 11/21/17 236.71 02/21/98 69.0 8.800 257.03
800455875 28,980.00 28,935.49 12/26/97 11/26/17 236.88 02/26/98 69.0 8.800 257.03
800456212 93,000.00 93,000.00 01/01/98 12/01/12 177.00 03/01/98 86.0 12.200 970.95
800457210 25,000.00 25,000.00 02/01/98 01/01/18 238.00 03/01/98 84.9 12.250 279.64
800457301 15,000.00 14,940.66 01/01/98 12/01/12 177.00 03/01/98 33.6 11.250 172.85
800458119 41,250.00 41,012.18 07/02/97 06/02/17 231.06 03/02/98 75.0 13.750 505.48
800458200 46,584.00 46,584.00 03/17/98 02/17/08 119.61 03/17/98 80.0 11.500 654.95
800458333 68,500.00 68,500.00 04/01/98 03/01/13 180.00 04/01/98 84.9 10.600 631.72
800458374 54,800.00 54,800.00 01/01/98 12/01/12 177.00 03/01/98 84.9 12.850 599.78
800460081 17,000.00 16,899.03 02/01/98 01/01/13 178.00 04/01/98 77.6 10.800 191.09
800461840 45,050.00 44,870.85 01/16/98 12/16/17 237.53 03/16/98 85.0 12.900 524.59
800462749 19,500.00 19,500.00 03/01/98 02/01/13 179.00 03/01/98 85.0 11.900 199.08
800462756 46,200.00 46,058.05 12/26/97 11/26/17 236.88 03/26/98 70.0 13.250 549.52
800464117 45,000.00 45,000.00 01/10/98 12/10/12 177.34 03/10/98 80.9 12.400 476.78
800464356 144,000.00 144,000.00 02/15/98 01/15/13 178.52 02/15/98 80.0 11.000 1,371.34
800464372 22,500.00 22,382.02 02/13/98 01/13/13 178.45 03/13/98 64.2 15.250 318.77
800464802 35,000.00 35,000.00 01/01/98 12/01/12 177.00 03/01/98 49.2 11.250 339.94
800465429 67,600.00 67,600.00 04/01/98 03/01/13 180.00 04/01/98 89.8 11.050 646.33
800466567 19,000.00 18,986.35 02/01/98 01/01/13 178.00 03/01/98 79.6 13.750 249.85
800466617 32,447.00 32,447.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.000 333.75
800467219 38,000.00 38,000.00 02/01/98 01/01/13 178.00 03/01/98 76.3 14.990 531.59
800469835 41,400.00 41,400.00 12/18/97 11/18/12 176.61 03/18/98 84.9 12.200 432.23
800470825 25,000.00 25,000.00 03/01/98 02/01/13 179.00 03/01/98 69.5 10.600 230.56
800471013 48,000.00 47,904.77 02/21/98 01/21/13 178.72 03/21/98 69.3 12.900 604.16
800471237 103,403.00 103,341.84 02/01/98 01/01/18 238.00 03/01/98 89.9 11.450 1,099.16
800471641 171,000.00 171,000.00 01/15/98 12/15/12 177.50 03/15/98 90.0 11.850 1,739.21
800472110 31,800.00 31,800.00 02/01/98 01/01/13 178.00 03/01/98 84.9 13.350 409.70
800473480 16,000.00 16,000.00 01/05/98 12/05/12 177.17 03/05/98 80.0 10.300 143.97
800473506 43,000.00 42,466.66 01/01/98 12/01/12 177.00 04/01/98 60.9 11.750 509.18
800473944 24,950.00 24,911.36 02/01/98 01/01/18 238.00 03/01/98 89.9 11.300 262.64
800474082 52,200.00 52,200.00 01/05/98 12/05/12 177.17 03/05/98 90.0 10.000 458.09
800475212 11,908.00 11,866.42 12/25/97 11/25/12 176.84 03/25/98 84.8 13.900 157.78
800475501 30,000.00 29,580.03 01/23/98 12/23/12 177.76 03/23/98 87.7 11.990 359.86
800476145 110,600.00 110,532.57 01/15/98 12/15/27 357.50 03/15/98 70.0 9.400 921.93
800476236 18,600.00 18,595.49 01/05/98 12/05/17 237.17 03/05/98 79.7 11.450 197.72
800478075 71,100.00 71,100.00 03/11/98 02/11/18 239.41 03/11/98 90.0 10.700 719.43
800478893 30,000.00 30,000.00 03/01/98 02/01/13 179.00 03/01/98 66.3 11.500 297.09
800478927 81,000.00 81,000.00 03/04/98 02/04/13 179.18 03/04/98 75.0 10.250 725.84
800479859 50,000.00 50,000.00 02/01/98 01/01/18 238.00 03/01/98 84.2 11.500 533.21
800479867 24,250.00 24,250.00 01/05/98 12/05/17 237.17 03/05/98 79.9 14.000 301.55
800480667 76,500.00 76,494.06 01/03/98 12/03/12 177.11 03/03/98 90.0 10.400 694.06
800481715 225,000.00 225,000.00 02/27/98 01/27/13 178.92 02/27/98 90.0 10.650 2,083.44
800483232 216,000.00 216,000.00 01/23/98 12/23/12 177.76 02/23/98 90.0 11.200 2,089.73
800483273 39,500.00 39,294.22 01/10/98 12/10/12 177.34 03/10/98 69.9 11.200 453.93
800483406 33,500.00 33,500.00 02/26/98 01/26/08 118.88 02/26/98 74.2 10.900 459.57
800483638 30,000.00 29,940.47 02/09/98 01/09/13 178.32 03/09/98 88.1 11.400 348.55
800484107 22,500.00 22,486.38 01/01/98 12/01/12 177.00 03/01/98 84.8 13.050 249.77
800484230 80,000.00 80,000.00 04/01/98 03/01/28 360.00 04/01/98 80.0 8.550 617.97
800484248 14,433.00 14,433.00 02/16/98 01/16/13 178.55 02/16/98 89.0 12.100 149.58
800484826 33,424.00 33,088.60 01/23/98 12/23/12 177.76 04/23/98 80.0 13.650 386.79
800484909 51,980.00 51,980.00 03/01/98 02/01/13 179.00 03/01/98 89.9 10.800 487.18
800485203 17,000.00 17,000.00 04/01/98 03/01/18 240.00 04/01/98 75.7 12.000 187.18
800486466 40,000.00 39,721.59 02/01/98 01/01/13 178.00 04/01/98 77.0 10.050 431.07
800486920 50,000.00 49,784.55 01/16/98 12/16/07 117.53 02/16/98 69.1 12.150 721.70
800487068 34,000.00 33,835.66 01/23/98 12/23/12 177.76 03/23/98 85.0 11.400 395.03
800487779 111,300.00 111,300.00 01/01/98 12/01/12 177.00 03/01/98 64.9 9.450 931.82
800487829 54,000.00 54,000.00 02/01/98 01/01/13 178.00 03/01/98 64.8 12.250 656.81
800489510 48,496.00 48,394.71 02/01/98 01/01/13 178.00 03/01/98 84.9 12.250 508.19
800490237 49,700.00 49,559.01 01/19/98 12/19/27 357.63 02/19/98 70.0 11.450 490.28
800491177 14,000.00 14,000.00 01/01/98 12/01/12 177.00 03/01/98 73.9 12.250 146.71
800492159 30,000.00 29,850.40 01/12/98 12/12/12 177.40 03/12/98 89.8 11.600 352.37
800492878 20,000.00 19,951.40 01/08/98 12/08/12 177.27 02/08/98 82.2 12.250 243.26
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 11 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800494262 JAMESON JUSTIN 3510 PLEASANT OAKS CIRCLE CUMMING GA 30040
235-02 800494270 DAVIS SCOTT 360 SENTRY LANE WAYNE PA 19087
235-02 800494718 TOMLINSON DONALD GARY 3004 MOON FALL WAY MULBERRY FL 33860
235-02 800494866 EMICK RONALD J JR 174300 WEST BRYON ROAD PROSSER WA 99350
235-02 800494940 CAMPBELL FRED E 303 SPRING DRIVE SE RIO RANCHO NM 87124
235-02 800495590 CAMPBELL TONNIE L 3281 GREEN ACRES ROAD ST AUGUSTIN FL 32095
235-02 800495657 BERDANIS JOHN V 2019 WEST CRESTWOOD STREET RANCHO PALO CA 90275
235-02 800495715 KITCHEN JAMES A 14902 VAIL CUT OFF ROAD SE RAINIER WA 98576
235-02 800496069 JENDRZEJEWSK JOSEPH 410 E GRAND STREET NANTICOKE PA 18634
235-02 800496192 NAILL EDWARD T BOX 125D REYNOLDS MILL RD SEVEN VALLE PA 17360
235-02 800497596 KOHL LINDA S 625 N 9TH STREET READING PA 19604
235-02 800498024 BAKEBERG RALPH E 5862 FIRST STREET NORTH WAVERLY MN 55390
235-02 800498313 OBERTING SUZANNE H 29 UPPER LOUDON ROAD LOUDONVILLE NY 12211
235-02 800498719 GAREY RONALD EDWARD 2431 ONTARIO ROAD NW WASHINGTON DC 20009
235-02 800499121 WERNER WILLIAM F JR 13 KALE DAVIS ROAD NEWTON CT 06482
235-02 800499212 VIRGA TODD 129 CLEARSTREAM AVENUE VALLEY STRE NY 11580
235-02 800499394 GIBBINGS THEO 11750 NORTHWEST 6TH STREET PLANTATION FL 33325
235-02 800499469 HANNACKER MARIAN 103 NORTH KENYON AVENUE MARGATE NJ 08402
235-02 800499790 DAVIS CONSTANCE M 1616 BRADLEY COURT BOULDER CO 80303
235-02 800499808 SISBARRO PAUL J 351 KOSER ROAD LITITZ PA 17543
235-02 800500225 JARKA DAVID W 178 CHERYL BECK DRIVE SAN JOSE CA 95119
235-02 800500530 WHISLER DELORES K 319 BARTS CHURCH ROAD HANOVER PA 17331
235-02 800501017 LALL CHAMAN 88-19 198TH STREET HOLLIS NY 11423
235-02 800502593 PRINCE RICHARD 2318 7TH STREET SOUTH ST PETERSBU FL 33711
235-02 800502718 PIERCE RONALD J 3224 22ND AVENUE RIO RANCHO NM 87124
235-02 800502841 STOUGH-DRESI JUNE 24802 OLIVE TREE LANE LOS ALTOS CA 94024
235-02 800503005 PICCIONE MICHELE 1026 LIMEKILN PIKE AMBLER PA 19002
235-02 800503153 WIMBERLEY JANET Z 2102 HICKLIN BRIDGE ROAD EDGEMOOR SC 29712
235-02 800503443 JACKSON JANIE MARIE 8840 MCQUEEN ROAD LAURINBURG NC 28352
235-02 800503518 RESNIKOFF ARNOLD 653 PARK LANE N WOODMERE NY 11581
235-02 800504052 POMI MARC 42 MAPLE GLEN LANE NESCONSET NY 11767
235-02 800504060 CHIRIP STEVEN P 8754 COUNTRY PLACE DRIVE TOBYHANNA PA 18466
235-02 800504128 MITCHELL AVRIL 36 NORTH 8TH AVENUE MT VERNON NY 10550
235-02 800504748 CONNOR SEAN M 16241 COMPROMISE COURT MOUNT AIRY MD 21771
235-02 800505356 WALLWAY BRAD D 6719 NE 182ND AVENUE VANCOUVER WA 98682
235-02 800505570 FEDESON MARK H 190 GOUNDRY STREET N TONAWANDA NY 14120
235-02 800506982 GABEL DREW D 1140 88TH AVENUE NORTH ST PETERSBU FL 33702
235-02 800507915 CHARLES RENES 57 59 WEALTH AVENUE PROVIDENCE RI 02908
235-02 800508228 EATOUGH ELIZABETH ANN 3205 NEWFANE COURT BALDWIN MD 21013
235-02 800508491 CALLAHAN TERRENCE M 14081 EDENBERRY DRIVE LAKE OSWEGO OR 97035
235-02 800508814 CAPLE RICK K 13409 82ND AVE NORTHWEST GIG HARBOR WA 98329
235-02 800509200 BENTLEY DOUGLAS W 2992 COUNTY ROAD 1 N CENTRAL CIT CO 80427
235-02 800510208 HEIM RAYMOND G 31 PALM LANE WESTBURY NY 11590
235-02 800510265 WHYTE LAURA J 472 PLATT HILL ROAD WINCHESTER CT 06098
235-02 800510372 HAPPE JANET ANNE 2852 MONROE STREET FALLS CHURC VA 22042
235-02 800510596 KAISER DAVID A 1602 CONKLING GARDEN CITY KS 67846
235-02 800510927 FELICIANO NOELIO 1474 BRYANT AVENUE BRONX NY 10459
235-02 800511628 SAKOWICZ JANUSZ L 13648 NORTHEAST 137TH ST KIRKLAND WA 98034
235-02 800512493 FISHER DAVID E 13131 NORTH 54TH LANE ROYAL PALM FL 33411
235-02 800513160 BUSHEY ROBERT 13 SOMERVILLE ROAD ANTWERP NY 13608
235-02 800513947 DECKARD LINDA M 15634 EAST OBERLIN PLACE AURORA CO 80113
235-02 800514028 NUZZOLESE VINCENT C 82 YUKON DRIVE WOODBURY NY 11797
235-02 800514622 AVILA JOHN A SR 16238 W HADLEY STREET GOODYEAR AZ 85338
235-02 800515041 PALACIOS JUAN P 2835 BANKS COURT DUMFRIES VA 22026
235-02 800515934 HESS STEPHEN K 6287 SOUTH LAURITZEN DRIVE WEST JORDAN UT 84084
235-02 800516478 LICH JERRY D 8612 W WINDSOR DRIVE PEORIA AZ 85381
235-02 800517088 ROSE JACK W 50 CROSS HIGHWAY REDDING CT 06896
235-02 800517708 STONE DONALD R 1751 LINCOLN HIGHWAY EAST LANCASTER PA 17602
235-02 800518987 KONOPKA CEIL M 1130 1132 W GIBSON STREET SCRANTON PA 18504
235-02 800519092 BREED RICHARD L 22353 ALCORN AVENUE PT CHARLOTT FL 33952
235-02 800519100 COZINE ALFRED 24 OXFORD AVENUE MELVILLE NY 11747
235-02 800519167 BENSON JACK PHILLIP 2975 SOUTH GLENMARE STREET SALT LK CTY UT 84106
235-02 800519647 HODGE CHARLES A 4289 ROANRIDGE AVENUE LAS VEGAS NV 89120
235-02 800519894 ETERSQUE MICHAEL 247 WEST 24TH STREET DEER PARK NY 11729
235-02 800519969 FAJARDO ABELARDO 1224 WEST STRAFORD DRIVE CHANDLER AZ 85224
235-02 800520488 BISTOURY ROBERT J 1092 EAST 73RD STREET BROOKLYN NY 11234
235-02 800520595 FORBES ALEXANDER 10615 NORTH ABERDEEN ROAD SCOTTSDALE AZ 85254
235-02 800521080 LEE MELANIE 4 SOUTH OXFORD STREET BROOKLYN NY 11217
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800494262 32,800.00 32,758.70 01/17/98 12/17/12 177.57 03/17/98 80.0 13.100 417.16
800494270 287,920.00 287,920.00 01/15/98 12/15/12 177.50 02/15/98 79.9 11.750 2,906.30
800494718 21,750.00 21,750.00 02/06/98 01/06/13 178.22 02/06/98 75.0 13.500 249.13
800494866 66,000.00 66,000.00 03/01/98 02/01/13 179.00 03/01/98 84.6 11.250 641.03
800494940 29,600.00 29,600.00 03/01/98 02/01/13 179.00 03/01/98 89.9 11.300 288.62
800495590 30,500.00 30,473.76 02/06/98 01/06/18 238.22 03/06/98 57.5 14.750 396.00
800495657 100,000.00 100,000.00 02/01/98 01/01/13 178.00 03/01/98 78.6 11.650 1,001.75
800495715 100,000.00 100,000.00 03/01/98 02/01/13 179.00 03/01/98 79.9 10.750 933.48
800496069 43,450.00 43,313.99 02/12/98 01/12/13 178.42 03/12/98 89.9 9.650 457.66
800496192 40,000.00 40,000.00 01/24/98 12/24/12 177.80 02/24/98 87.5 10.800 374.90
800497596 20,000.00 19,827.37 01/17/98 12/17/07 117.57 03/17/98 44.4 11.500 281.19
800498024 20,690.00 20,690.00 03/01/98 02/01/13 179.00 03/01/98 89.9 10.800 232.57
800498313 60,047.00 60,047.00 02/14/98 01/14/28 358.49 03/14/98 80.0 13.250 675.99
800498719 235,800.00 235,715.20 01/08/98 12/08/12 177.27 03/08/98 84.2 12.800 2,571.61
800499121 47,500.00 47,500.00 02/21/98 01/21/13 178.72 03/21/98 85.0 13.150 531.02
800499212 32,700.00 32,700.00 02/05/98 01/05/13 178.19 03/05/98 89.9 11.750 387.21
800499394 55,750.00 55,523.85 01/24/98 12/24/12 177.80 03/24/98 76.9 11.750 660.15
800499469 89,000.00 88,804.56 01/15/98 12/15/17 237.50 02/15/98 57.4 8.850 792.19
800499790 18,666.00 18,666.00 03/01/98 02/01/13 179.00 03/01/98 84.9 11.500 184.85
800499808 136,334.00 135,538.93 01/24/98 12/24/12 177.80 02/24/98 89.5 11.250 1,571.04
800500225 33,500.00 33,500.00 03/01/98 02/01/13 179.00 03/01/98 90.0 11.300 326.64
800500530 76,500.00 76,357.84 02/07/98 01/07/18 238.26 03/07/98 90.0 11.300 805.30
800501017 25,000.00 25,000.00 02/20/98 01/20/18 238.68 03/20/98 83.5 12.300 280.52
800502593 33,600.00 33,600.00 03/11/98 02/11/28 359.41 03/11/98 80.0 10.300 302.34
800502718 29,900.00 29,900.00 02/12/98 01/12/13 178.42 02/12/98 85.1 11.250 344.55
800502841 145,000.00 145,000.00 03/01/98 02/01/13 179.00 03/01/98 44.8 10.500 1,326.37
800503005 300,000.00 300,000.00 02/01/98 01/01/13 178.00 03/01/98 83.7 9.650 2,555.46
800503153 72,450.00 72,450.00 02/16/98 01/16/28 358.55 03/16/98 90.0 11.400 711.94
800503443 28,485.00 28,378.92 03/06/98 02/06/18 239.24 04/06/98 90.0 11.400 301.81
800503518 100,000.00 100,000.00 02/20/98 01/20/13 178.68 02/20/98 67.4 10.750 933.48
800504052 58,000.00 57,900.00 02/05/98 01/05/18 238.19 03/05/98 80.6 11.550 620.53
800504060 91,350.00 91,218.09 02/05/98 01/05/18 238.19 03/05/98 90.0 9.900 875.50
800504128 176,350.00 176,267.81 02/12/98 01/12/13 178.42 03/12/98 84.9 11.250 1,712.82
800504748 72,000.00 71,574.12 01/18/98 12/18/12 177.60 03/18/98 52.1 12.650 776.82
800505356 58,551.00 58,551.00 03/01/98 02/01/18 239.00 03/01/98 85.0 11.750 634.52
800505570 148,750.00 148,688.28 01/26/98 12/26/12 177.86 02/26/98 85.0 10.300 1,338.48
800506982 46,500.00 46,489.81 01/15/98 12/15/17 237.50 03/15/98 84.9 11.500 495.89
800507915 68,000.00 68,000.00 02/26/98 01/26/13 178.88 03/26/98 85.0 11.400 668.21
800508228 50,000.00 50,000.00 01/11/98 12/11/17 237.37 03/11/98 79.0 13.950 619.95
800508491 77,200.00 77,200.00 03/01/98 02/01/13 179.00 03/01/98 89.9 11.700 776.31
800508814 20,000.00 19,890.63 02/01/98 01/01/13 178.00 04/01/98 89.7 11.300 231.10
800509200 20,067.00 19,998.11 03/01/98 02/01/13 179.00 04/01/98 79.8 12.600 248.64
800510208 41,400.00 41,399.99 02/01/98 01/01/13 178.00 03/01/98 84.9 12.900 454.73
800510265 29,735.00 29,735.00 03/05/98 02/05/08 119.21 03/05/98 85.8 12.750 439.60
800510372 33,000.00 32,887.20 01/24/98 12/24/12 177.80 03/24/98 82.8 10.850 371.98
800510596 13,277.00 13,277.00 03/19/98 02/19/18 239.67 03/19/98 83.0 10.750 134.79
800510927 120,000.00 118,629.93 01/17/98 12/17/27 357.57 04/17/98 74.0 11.100 1,151.86
800511628 69,020.00 69,020.00 04/01/98 03/01/13 180.00 04/01/98 84.3 12.000 709.95
800512493 29,000.00 28,923.96 01/24/98 12/24/12 177.80 02/24/98 79.6 13.550 377.48
800513160 20,400.00 20,346.30 02/20/98 01/20/13 178.68 03/20/98 85.0 13.450 264.18
800513947 33,500.00 33,297.88 03/01/98 02/01/18 239.00 04/01/98 89.7 9.800 318.86
800514028 55,325.00 55,325.00 03/13/98 02/13/13 179.47 03/13/98 84.8 11.990 663.64
800514622 114,900.00 114,900.00 03/01/98 02/01/28 359.00 03/01/98 89.9 11.050 1,098.56
800515041 41,600.00 41,600.00 03/05/98 02/05/28 359.21 03/05/98 80.0 11.750 419.91
800515934 50,693.00 50,646.02 01/15/98 12/15/12 177.50 03/15/98 89.9 12.100 611.67
800516478 15,000.00 14,880.33 03/01/98 02/01/13 179.00 04/01/98 85.0 11.750 177.62
800517088 675,000.00 674,823.92 02/06/98 01/06/13 178.22 03/06/98 75.0 10.200 6,023.61
800517708 10,935.00 10,907.98 02/06/98 01/06/08 118.22 03/06/98 90.0 12.100 157.52
800518987 18,200.00 18,078.48 02/13/98 01/13/08 118.45 03/13/98 80.0 9.650 237.00
800519092 12,750.00 12,750.00 03/11/98 02/11/13 179.41 03/11/98 82.6 10.400 140.15
800519100 33,000.00 33,000.00 03/18/98 02/18/13 179.64 03/18/98 88.7 10.650 367.86
800519167 44,090.00 44,090.00 03/01/98 02/01/13 179.00 03/01/98 90.0 11.300 509.46
800519647 25,000.00 25,000.00 02/01/98 01/01/18 238.00 03/01/98 88.3 11.050 258.90
800519894 38,000.00 38,000.00 02/08/98 01/08/18 238.29 03/08/98 84.1 12.990 444.93
800519969 12,061.00 12,061.00 02/12/98 01/12/13 178.42 03/12/98 90.0 12.100 145.53
800520488 80,000.00 80,000.00 03/01/98 02/01/13 179.00 03/01/98 59.2 9.550 675.60
800520595 61,000.00 61,000.00 03/10/98 02/10/18 239.38 03/10/98 60.8 8.400 525.52
800521080 56,850.00 56,850.00 02/01/98 01/01/13 178.00 03/01/98 84.8 12.800 620.00
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 12 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800521296 SUECK DAVID A 251 BRUCE ROAD AIRVILLE PA 17302
235-02 800521957 PRINGLE ARTHUR E IV 905 ATWOOD ROAD ERDENHEIM PA 19038
235-02 800522203 HAIR MEREDITH A 5960 WEST ROWLAND AVENUE LITTLETON CO 80125
235-02 800522443 TRAUTMAN MARY 1301 SOUTHEAST 14TH STREET CAPE CORAL FL 33990
235-02 800522559 MONTHEY LARRY L 4921 WEST 8740 SOUTH WEST JORDAN UT 84088
235-02 800522633 STANFEL LEE F 90 PICO VISTA NOVATO CA 94947
235-02 800523169 GANNON EDWARD V 5 FARBER HILL ROAD BOONTON NJ 07005
235-02 800523441 GONZALES LUIS 9036 WELD COUNTY ROAD 26 FORT LUPTON CO 80621
235-02 800523557 PATASIN JAMES H 18002 NORTH 56TH STREET SCOTTSDALE AZ 85254
235-02 800523631 ARCHER WADE E 1865 WEST SILVERTON CIRCLE WEST JORDAN UT 84084
235-02 800523847 ABELE JOHN J JR 122 OLD COACH ROAD CLIFTON PK NY 12065
235-02 800524555 OUTLAW GLORIA 40 COMMONWEALTH AVENUE NEW BRITAIN CT 06053
235-02 800525040 SMITH DAVID M 289 EAST 13340 SOUTH DRAPER UT 84020
235-02 800525198 ACOSTA MANUEL A 18354 SARCEE AVENUE PT CHARLOTT FL 33948
235-02 800525750 PERRY ANNIE M 114-92 177TH STREET ST ALBANS NY 11434
235-02 800525958 STOCKTON DANIEL 376 SOUTH VENTU PARK ROAD NEWBURY PK CA 91320
235-02 800526105 KNAAK EUGENE W 532 ELOY ROAD GOLDEN VALL AZ 86413
235-02 800526212 TOEBBEN SCOTT D 3179 WEST 40TH AVENUE DENVER CO 80211
235-02 800527343 ATTWOOD RAYMOND G SR 413 NETHERWOOD ROAD UPPER DARBY PA 19082
235-02 800528598 PICOZZO VITO 204 SUNSET DRIVE GOULDSBORO PA 18424
235-02 800529265 CASTRO LYNN GLORIA 7161 PERI LANE UNIT 21 BROOKLYN NY 11234
235-02 800529778 HUFFMAN TERI L 4935 I PARKWAY SACRAMENTO CA 95823
235-02 800529935 FIELDS PERRY E 11301 82ND AVENUE S SEATTLE WA 98178
235-02 800530503 FRAZIER GEORGE F 163 MOUNT VERNON COURT ELYRIA CITY OH 44305
235-02 800530552 BAYLEY DIANE J 1609 PRESIDENT STREET BROOKLYN NY 11213
235-02 800531881 HUNSAKER CLIFFORD E 10672 NORTH ALPINE HIGHWAY HIGHLAND UT 84003
235-02 800532467 GORDON PAUL 19538 COLORADO CIRCLE BOCA RATON FL 33434
235-02 800532558 CLARK ELAINE S 5626 SW ILLINOIS STREET PORTLAND OR 97221
235-02 800532731 GREEN JAMIE 774 FINCH COURT NE SALEM OR 97301
235-02 800532954 GABRIEL JOSEPH J 3511 ADA DRIVE MECHANICSBU PA 17055
235-02 800533093 ALEXANDER MILISSA 1565 FRANKLIN STREET DENVER CO 80218
235-02 800533184 GOLDSMITH GREGORY 4843 SOUTH I STREET TACOMA WA 98408
235-02 800533218 GROOMS DEBORAH L 920 WEST 500 SOUTH SALT LAKE C UT 84104
235-02 800533663 ARMOUR R L 301 E VILLA THERESA DRIVE PHOENIX AZ 85022
235-02 800534034 EXUM CARREANNA H 215 COLTON STREET UPPER MARLB MD 20774
235-02 800534182 WALSH MARGARET M 43 HINCKLEY ROAD MILTON MA 02186
235-02 800534836 HEISER LINDA F 637 GAY STREET LONGMONT CO 80501
235-02 800535098 BULLOCK DON ALAN 9697 SOUTH 2740 WEST S JORDAN UT 84095
235-02 800535296 KAY RICHARD B JR 5622 RIDGETOP DRIVE GAINESVILLE GA 30504
235-02 800535312 CARLOS ARMANDO 122-14 25TH AVENUE COLLEGE POI NY 11356
235-02 800535684 MCVICAR JOHN 13 BEARING EAST ROAD E HAMPTON NY 11937
235-02 800535767 WEST MARGARET O 129 EASTLAWN STREET FAIRFIELD CT 06430
235-02 800536062 DAMBROSE PASQUALE 4703 MEGILL ROAD WALL TWSP NJ 07753
235-02 800536559 KOEHLER ERNST 912 SOUTHEAST 46TH STREET CAPE CORAL FL 33904
235-02 800537474 HARROLD SHANE 2740 OUTLOOK LANE SEDRO WOOLL WA 98284
235-02 800537748 DANIS SAHIN 11 BAHAMA ROAD PARSIPPANY NJ 07950
235-02 800538241 WHISTON MARVIN 22900 COVE VIEW STREET CANYON LAKE CA 92587
235-02 800538589 JESKY RICK T 10801 EAST GROVE STREET APACHE JUNC AZ 85220
235-02 800538639 MCINTOSH TERRY L 27 MT AXTELL DRIVE LIVERMORE CO 80536
235-02 800538670 ULIBARRI PETER M SR 1853 CHAPEL HILLS DRIVE CO SPRINGS CO 80920
235-02 800539058 BACON JOHN C 44 GLEN NA LITTLE TRAIL HUNTINGTON NY 11743
235-02 800539264 HODGES STEPHEN M SR 4028 DESOTO FARM ROAD TALLAHASSEE FL 32308
235-02 800539389 MANNING ZENAIDA B 12785 CUMBERLAND DRIVE LARGO FL 33773
235-02 800539454 OLIVEIRA RICHARD C 4065 ROSE ARBOR CIRCLE PT CHARLOTT FL 33948
235-02 800539710 MOORHEAD JAMES M 1611 WOOTEN ROAD CO SPRINGS CO 80915
235-02 800540056 WALKER ALBERTHA 1150 FELIX LANE SUMMERVILLE SC 29483
235-02 800540452 STEPP GARY LEE 9939 QUINN ROAD POLK CITY FL 33868
235-02 800540692 DRASHER WILLIAM M 578 GARIBALDI COURT HAZLETON PA 18201
235-02 800540957 ELERICK SCOTT G 1730 AUDREY DRIVE CLEARWATER FL 34619
235-02 800541310 STRUCK VERA V 3060 N PHARR CT UNIT 714 ATLANTA GA 30305
235-02 800541989 RAMIREZ MIGUEL A 27875 OLD FORT BOISE ROAD PARMA ID 83660
235-02 800542250 BEANS HARRY C 52 WEST SOUTHERN HILLS RD PHOENIX AZ 85023
235-02 800542854 TINGKANG GLENN W 16504 92ND AVENUE CT EAST PUYALLUP WA 98373
235-02 800542979 GILES NATALIE T 1463 NORTH 1875 EAST LAYTON UT 84040
235-02 800543027 GUALTIERI JOHN J 343 BENT ROAD WYNCOTE PA 19095
235-02 800543233 GOLDBERG IRIS B 1404 EAST 69TH STREET BROOKLYN NY 11234
235-02 800543738 CALIFANO MICHAEL 32 ROBERTS ROAD SHIRLEY NY 11967
235-02 800544256 HANDRIS MARK 2096 VOLPP STREET WEST LINN OR 97068
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800521296 34,500.00 34,500.00 01/24/98 12/24/12 177.80 02/24/98 80.9 12.600 370.88
800521957 47,300.00 47,300.00 01/17/98 12/17/17 237.57 03/17/98 89.8 12.100 524.11
800522203 240,000.00 239,833.08 01/19/98 12/19/27 357.63 03/19/98 74.0 10.800 2,249.38
800522443 55,000.00 54,851.95 02/20/98 01/20/13 178.68 03/20/98 84.4 10.800 515.48
800522559 21,000.00 21,000.00 03/01/98 02/01/13 179.00 03/01/98 89.8 12.100 217.63
800522633 83,000.00 83,000.00 03/01/98 02/01/13 179.00 03/01/98 80.2 12.100 1,001.49
800523169 110,000.00 110,000.00 03/02/98 02/02/13 179.11 03/02/98 53.3 9.625 934.99
800523441 63,300.00 63,300.00 02/12/98 01/12/13 178.42 03/12/98 84.9 12.300 665.77
800523557 70,764.00 70,764.00 02/12/98 01/12/13 178.42 02/12/98 90.0 12.100 853.85
800523631 33,491.00 33,468.80 11/01/97 10/01/12 175.00 03/01/98 89.8 13.200 375.72
800523847 35,000.00 35,000.00 02/20/98 01/20/13 178.68 03/20/98 79.1 10.850 329.35
800524555 11,765.00 11,724.33 02/14/98 01/14/13 178.49 03/14/98 90.0 11.950 140.82
800525040 64,200.00 64,075.42 03/01/98 02/01/13 179.00 04/01/98 66.8 10.250 575.30
800525198 91,000.00 91,000.00 02/09/98 01/09/28 358.32 03/09/98 75.8 8.650 709.41
800525750 80,300.00 80,300.00 03/23/98 02/23/18 239.80 03/23/98 43.4 8.550 699.41
800525958 24,400.00 24,400.00 03/01/98 02/01/18 239.00 03/01/98 80.0 10.000 235.47
800526105 23,964.00 23,850.20 03/01/98 02/01/13 179.00 04/01/98 79.8 11.450 279.18
800526212 35,000.00 35,000.00 03/01/98 02/01/13 179.00 03/01/98 81.9 11.400 343.93
800527343 10,000.00 9,996.73 01/22/98 12/22/12 177.73 02/22/98 88.0 11.400 98.27
800528598 30,000.00 29,940.63 02/16/98 01/16/13 178.55 03/16/98 48.7 10.000 322.38
800529265 100,000.00 100,000.00 03/09/98 02/09/13 179.34 03/09/98 63.2 10.950 948.55
800529778 14,350.00 14,350.00 03/01/98 02/01/13 179.00 03/01/98 84.7 12.750 179.21
800529935 36,000.00 36,000.00 04/01/98 03/01/13 180.00 04/01/98 80.0 13.500 467.39
800530503 50,000.00 50,000.00 03/01/98 02/01/18 239.00 03/01/98 56.8 11.500 533.21
800530552 170,000.00 169,880.92 02/01/98 01/01/13 178.00 04/01/98 85.0 12.200 1,774.86
800531881 18,000.00 17,986.75 02/01/98 01/01/13 178.00 03/01/98 84.9 12.800 196.31
800532467 13,385.00 13,385.00 02/22/98 01/22/18 238.75 02/22/98 86.4 11.050 138.61
800532558 35,000.00 35,000.00 03/01/98 02/01/13 179.00 03/01/98 89.7 10.550 387.98
800532731 13,700.00 13,677.58 02/21/98 01/21/13 178.72 03/21/98 84.9 10.300 149.75
800532954 25,350.00 25,169.45 01/22/98 12/22/07 117.73 02/22/98 90.0 11.700 359.32
800533093 27,150.00 27,150.00 03/01/98 02/01/13 179.00 03/01/98 71.0 12.400 287.66
800533184 25,200.00 25,200.00 03/01/98 02/01/13 179.00 03/01/98 90.0 11.300 245.72
800533218 25,000.00 25,000.00 03/01/98 02/01/13 179.00 03/01/98 89.8 11.650 294.44
800533663 51,000.00 50,999.88 02/05/98 01/05/18 238.19 03/05/98 82.2 10.200 498.94
800534034 33,900.00 33,900.00 02/07/98 01/07/18 238.26 03/07/98 79.9 13.450 408.08
800534182 35,000.00 35,000.00 03/17/98 02/17/13 179.61 03/17/98 74.3 11.000 333.31
800534836 40,000.00 40,000.00 03/01/98 02/01/13 179.00 03/01/98 71.3 12.500 493.01
800535098 23,000.00 23,000.00 03/01/98 02/01/18 239.00 03/01/98 84.9 10.850 235.06
800535296 18,219.00 18,219.00 03/09/98 02/09/18 239.34 03/09/98 79.9 10.050 176.42
800535312 217,800.00 217,800.00 02/09/98 01/09/28 358.32 03/09/98 90.0 11.050 2,082.39
800535684 361,250.00 361,250.00 03/09/98 02/09/28 359.34 03/09/98 85.0 11.250 3,508.68
800535767 60,806.00 60,806.00 02/05/98 01/05/13 178.19 03/05/98 84.8 12.990 672.17
800536062 52,500.00 52,500.00 03/04/98 02/04/18 239.18 03/04/98 77.7 11.050 543.69
800536559 59,500.00 59,500.00 02/08/98 01/08/28 358.29 03/08/98 70.0 11.000 566.63
800537474 12,000.00 12,000.00 03/04/98 02/04/13 179.18 03/04/98 73.9 13.500 155.80
800537748 50,000.00 49,968.08 02/14/98 01/14/13 178.49 03/14/98 79.6 11.550 585.69
800538241 65,000.00 65,000.00 03/01/98 02/01/13 179.00 03/01/98 81.0 11.400 638.73
800538589 56,000.00 56,000.00 03/04/98 02/04/13 179.18 03/04/98 89.4 10.850 631.23
800538639 22,000.00 22,000.00 03/01/98 02/01/13 179.00 03/01/98 69.3 10.000 193.07
800538670 36,748.00 36,554.46 03/01/98 02/01/18 239.00 04/01/98 69.9 10.000 354.63
800539058 49,563.00 49,563.00 02/21/98 01/21/13 178.72 02/21/98 74.9 10.850 558.67
800539264 25,000.00 25,000.00 02/13/98 01/13/13 178.45 03/13/98 75.7 12.750 271.67
800539389 18,000.00 18,000.00 03/03/98 02/03/13 179.15 03/03/98 66.2 12.000 216.03
800539454 11,587.00 11,528.23 02/19/98 01/19/13 178.65 03/19/98 90.0 11.600 136.10
800539710 15,161.00 15,161.00 04/01/98 03/01/13 180.00 04/01/98 84.9 11.000 172.32
800540056 80,750.00 80,750.00 03/04/98 02/04/13 179.18 03/04/98 85.0 11.250 930.52
800540452 41,600.00 41,600.00 03/04/98 02/04/13 179.18 03/04/98 80.0 11.800 493.93
800540692 43,200.00 43,200.00 03/12/98 02/12/28 359.44 03/12/98 80.0 10.150 383.91
800540957 19,000.00 18,882.40 02/22/98 01/22/08 118.75 03/22/98 79.4 9.400 244.82
800541310 13,900.00 13,864.73 02/12/98 01/12/13 178.42 03/12/98 79.5 11.550 162.83
800541989 23,000.00 23,000.00 03/01/98 02/01/13 179.00 03/01/98 77.4 9.300 237.40
800542250 53,436.00 53,436.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.750 580.69
800542854 17,500.00 17,500.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.800 164.02
800542979 20,000.00 20,000.00 03/01/98 02/01/18 239.00 03/01/98 84.8 12.800 231.47
800543027 66,060.00 66,060.00 03/13/98 02/13/18 239.47 03/13/98 85.0 11.900 722.78
800543233 221,000.00 221,000.00 02/05/98 01/05/13 178.19 03/05/98 65.0 14.390 2,686.94
800543738 50,000.00 49,829.98 02/15/98 01/15/08 118.52 03/15/98 83.0 12.300 726.05
800544256 87,000.00 87,000.00 03/01/98 02/01/13 179.00 03/01/98 76.3 10.500 795.82
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 13 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800544447 GUTMAN MONIKA D 1115 WEST BARROW DRIVE CHANDLER AZ 85224
235-02 800544546 NIEDERHAUSER GORDON K 537 BICKLEY STREET CO SPRINGS CO 80911
235-02 800544942 CURRY SHERYL R 7452 HOLIDAY DRIVE SPRING HILL FL 34606
235-02 800545204 CHATELAIN PETER F 4054 BRIDLEWOOD DRIVE BOUNTIFUL UT 84010
235-02 800545220 OAK HAROLD D 832 EAST 1415 NORTH SHELLEY ID 83274
235-02 800545832 BURTON THOMAS 579 FRANKLIN AVENUE BROOKLYN NY 11201
235-02 800546087 DOCKERY LENNER 105-14 217TH LANE QUEENS VILL NY 11429
235-02 800546160 ARENAL CHRISTOPHE J 2000 EAST 12TH AVENUE DENVER CO 80206
235-02 800546772 CANNON CLIFFORD M 2738 FOWLER AVENUE OGDEN UT 84403
235-02 800546798 ARLOTTA MICHAEL 366 CHELSEA STREET STATEN ISLA NY 10307
235-02 800546814 REAY CARMA 2270 SOUTH 1580 WEST W VALLEY CI UT 84119
235-02 800546830 CORNELIO KAREN C 24 WEST POINT ROAD E HAMPTON CT 06424
235-02 800547044 HOLCK EMMET J 9789 EAST BURNETT STREET TUCSON AZ 85730
235-02 800547465 GRABBE ERNEST H JR 14014 MAZATLAN WAY POWAY CA 92064
235-02 800548992 SHARPE SAUNDRA K 6901 NORTHWEST 32ND AVENUE FT LAUDERDA FL 33309
235-02 800549586 GONZALEZ PEDRO A 6103 NORTH 19TH AVENUE PHOENIX AZ 85015
235-02 800549834 ROBERTS DANNY 12100 PANAMA STREET NEW PORT RI FL 34654
235-02 800550089 CORYELL DALE O 17902 69TH AVENUE WEST EDMONDS WA 98026
235-02 800550147 LLERENA BEATRIZ 94-23 120TH STREET RICHMOND HI NY 11419
235-02 800550667 BOURRET DAVID A 1 BREWER WAY HINGHAM MA 02043
235-02 800550709 CRUZE LISA MARIE 5236 EAST WOODRIDGE DRIVE SCOTTSDALE AZ 85254
235-02 800551574 FLOWERS MELISSA 2336 LASALLE STREET TAMPA FL 33607
235-02 800552192 WEED CHRISTOPHE J 37400 PHELPS ROAD ZEPHYRHILLS FL 33541
235-02 800552424 CROISSANT STANLEY L 2114 NORTH JAMES DRIVE LOVELAND CO 80538
235-02 800552481 ROBINSON JACKIE D SR 12802 NORTH 16TH DRIVE PHOENIX AZ 85029
235-02 800552879 SLABODEN JOANNE H 1 LEXINGTON COURT EASTON PA 18040
235-02 800553398 BURCH WILLIAM D 6316 PINEWOOD VILL CIRC E LAKELAND FL 33811
235-02 800553604 JIMENEZ NOE 3238 WEST VERMONT AVENUE C PHOENIX AZ 85017
235-02 800553802 PONZIO VINCENT 127 BENSON AVENUE ELMONT NY 11003
235-02 800554339 CARTER JAMES HAL RT 5 BOX 9235 HILLIARD FL 32046
235-02 800554545 EDWARDS BRENDA D 4298 DOGWOOD FARM ROAD LITHONIA GA 30038
235-02 800555096 RILEY DARYL D 585 NORTH MONROE BOULEVARD OGDEN UT 84404
235-02 800555302 BROWN EDMUND R 687 VALLEY VIEW DRIVE TOOELE UT 84074
235-02 800555310 CHRISTENSEN SCOTT B 1349 WEST 8340 SOUTH WEST JORDAN UT 84088
235-02 800555906 PHILAVANH SOURIVANH 22298 NE FAILING STREET FAIRVIEW OR 97024
235-02 800556029 FINLEY H ALEXANDER JR 151 EAST PULASKI ROAD HUNTINGTON NY 11746
235-02 800556292 CHAPMAN JOANNE E 348 CHAPMAN STREET ORLAND CA 95963
235-02 800557373 TACCOLA JAMES R 141 WOODSIDE ROAD RIVERSIDE IL 60546
235-02 800557563 LEE DAWN M 1522 CROSSRIDGE DRIVE BRANDON FL 33510
235-02 800557704 SPENCER JUANITA 7837 SUNCOAST DRIVE FORT MYERS FL 33917
235-02 800558066 WILSON HOLLY J 11965 113TH WAY NORTH LARGO FL 33778
235-02 800558934 MINUTILLO JOHN 133 WALNUT STREET MASSAPEQUA NY 11762
235-02 800559197 WARNER RICKIE L 14490 AIKEN RIDE VIEW CO SPRINGS CO 80926
235-02 800559650 GATES CHES 1375 SOUTH FENTON STREET LAKEWOOD CO 80232
235-02 800559684 JOYCE RANDY ALAN 253 DANNY ROAD STONEVILLE NC 27048
235-02 800559981 STIEFER JOHN C JR 338 EAST GARFIELD STREET TEMPE AZ 85281
235-02 800560443 SORENSEN KENNETH S 6887 SOUTH TIMOTHY CIRCLE WEST JORDAN UT 84084
235-02 800560674 GRIST ROBERT D 18 EL ENCANTO DRIVE CO SPRINGS CO 80906
235-02 800560807 HERRERA FERNANDO 406 SOUTH 3RD STREET IMMOKALEE FL 34142
235-02 800560823 RAPATZ BRIGITTE R 4483 EAST WOOD STREET PHOENIX AZ 85040
235-02 800560989 BERNARD DENNIS H 563 CABOT STREET BEVERLY MA 01915
235-02 800561045 LEWIS ISAAC 4441 78TH AVENUE NORTH PINELLAS PK FL 33781
235-02 800561110 SHULDBERG MEYER J 6690 E EXPOSITION AVENUE DENVER CO 80224
235-02 800561326 HUFF RANDALL D 2100 BLUE MOUNTAIN DRIVE BERTHOUD CO 80513
235-02 800561870 SEBASTIAN STEPHEN 961 56TH PLACE SPRINGFIELD OR 97478
235-02 800562761 BYRD SCOTT M 703 MCKEE STREET BATAVIA IL 60510
235-02 800563843 LANGLOIS RICHARD M 6907 OLD GATE CIRCLE NEW PORT RI FL 34655
235-02 800564114 CHAVEZ MARY 6825 VIA CAMPESTRE LAS CRUCES NM 88005
235-02 800565178 SPEELMAN DAVID R 1401 PRESTON STREET PITTSBURGH PA 15205
235-02 800565376 HOLLINGER PETER D 402 8TH AVENUE TIERRA VERD FL 33715
235-02 800565863 FOLLOWELL DAVID 17 DURIAN COURT LONGMONT CO 80503
235-02 800566762 LOFTIN CLARENCE A 1207 HEARTHSIDE DRIVE DURHAM NC 27707
235-02 800567547 BARLOW JARED B 3116 WEST VERA LANE BLUFFDALE UT 84065
235-02 800567620 LEE MATTHIAS J 5016 CHIPPERFIELD DRIVE STROUDSBURG PA 18360
235-02 800567976 HORNUNG THOMAS J 2215 MARSH ROAD WILMINGTON DE 19810
235-02 800568263 DRESLIN DAVID G 19651 GULF BOULEVARD INDIAN SHOR FL 33785
235-02 800568701 VILLARRUZ BENJAMIN F 566 NORTH 16TH STREET SAN JOSE CA 95112
235-02 800568941 DURST THOMAS M 830 WEST HIGHWAY D WENTZVILLE MO 63385
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800544447 24,500.00 24,500.00 03/01/98 02/01/13 179.00 03/01/98 89.9 10.150 265.53
800544546 44,250.00 44,250.00 03/01/98 02/01/13 179.00 03/01/98 89.8 10.800 414.73
800544942 16,700.00 16,667.66 02/20/98 01/20/13 178.68 03/20/98 85.0 11.400 194.03
800545204 145,000.00 145,000.00 02/01/98 01/01/13 178.00 03/01/98 84.9 10.350 1,310.14
800545220 65,000.00 65,000.00 03/01/98 02/01/13 179.00 03/01/98 78.3 11.950 778.02
800545832 184,500.00 184,500.00 02/01/98 01/01/13 178.00 03/01/98 82.0 11.050 1,764.01
800546087 100,000.00 100,000.00 02/21/98 01/21/28 358.72 02/21/98 59.8 9.650 851.82
800546160 42,450.00 42,450.00 03/01/98 02/01/13 179.00 03/01/98 80.0 12.750 530.13
800546772 37,075.00 37,075.00 01/24/98 12/24/12 177.80 02/24/98 86.8 12.100 384.21
800546798 53,000.00 53,000.00 02/14/98 01/14/13 178.49 03/14/98 79.6 10.650 490.77
800546814 36,029.00 36,013.04 01/24/98 12/24/12 177.80 03/24/98 89.6 12.600 387.32
800546830 82,500.00 82,488.80 01/23/98 12/23/12 177.76 03/23/98 86.8 11.500 816.99
800547044 28,075.00 27,941.11 03/01/98 02/01/13 179.00 04/01/98 84.7 12.000 336.95
800547465 89,600.00 89,600.00 04/01/98 03/01/13 180.00 04/01/98 89.6 11.050 1,021.21
800548992 40,000.00 39,761.57 03/02/98 02/02/13 179.11 04/02/98 66.0 11.900 477.50
800549586 15,330.00 15,330.00 03/01/98 02/01/13 179.00 03/01/98 80.0 11.750 181.53
800549834 72,250.00 72,250.00 03/12/98 02/12/23 299.44 03/12/98 85.0 10.550 684.75
800550089 59,800.00 59,800.00 03/01/98 02/01/13 179.00 03/01/98 79.2 13.150 668.53
800550147 35,000.00 35,000.00 02/07/98 01/07/13 178.26 02/07/98 71.5 12.100 362.71
800550667 163,000.00 163,000.00 03/02/98 02/02/13 179.11 03/02/98 78.7 11.750 1,645.34
800550709 30,700.00 30,700.00 03/01/98 02/01/13 179.00 03/01/98 79.7 12.850 336.01
800551574 17,700.00 17,632.78 02/26/98 01/26/13 178.88 03/26/98 82.1 11.650 208.46
800552192 57,800.00 57,800.00 03/01/98 02/01/18 239.00 03/01/98 85.0 11.650 622.38
800552424 25,000.00 25,000.00 03/01/98 02/01/18 239.00 03/01/98 81.4 9.550 233.85
800552481 51,380.00 51,380.00 03/01/98 02/01/13 179.00 03/01/98 84.8 12.000 616.65
800552879 52,000.00 52,000.00 03/11/98 02/11/18 239.41 03/11/98 81.7 10.150 506.99
800553398 22,950.00 22,888.17 02/22/98 01/22/13 178.75 03/22/98 85.0 10.600 255.11
800553604 22,125.00 22,125.00 02/01/98 01/01/28 358.00 03/01/98 75.0 10.400 200.74
800553802 67,850.00 67,850.00 03/17/98 02/17/13 179.61 03/17/98 85.9 12.000 697.91
800554339 17,500.00 17,380.96 02/21/98 01/21/13 178.72 03/21/98 33.6 10.800 196.71
800554545 16,000.00 16,000.00 04/01/98 03/01/13 180.00 04/01/98 79.2 10.050 172.43
800555096 19,995.00 19,993.05 02/01/98 01/01/13 178.00 03/01/98 87.8 12.200 242.55
800555302 16,285.00 16,285.00 02/01/98 01/01/13 178.00 03/01/98 79.9 15.150 229.60
800555310 54,800.00 54,800.00 04/01/98 03/01/13 180.00 04/01/98 79.8 13.100 610.48
800555906 22,730.00 22,730.00 03/01/98 02/01/18 239.00 03/01/98 89.9 11.300 239.27
800556029 90,000.00 90,000.00 02/26/98 01/26/13 178.88 02/26/98 74.2 12.650 971.02
800556292 17,200.00 17,200.00 04/01/98 03/01/13 180.00 04/01/98 84.9 9.550 180.13
800557373 40,000.00 40,000.00 03/13/98 02/13/13 179.47 03/13/98 72.3 10.350 438.45
800557563 10,100.00 10,100.00 03/09/98 02/09/13 179.34 03/09/98 89.9 10.550 111.96
800557704 28,700.00 28,700.00 03/13/98 02/13/13 179.47 03/13/98 70.0 10.750 321.71
800558066 12,900.00 12,900.00 03/02/98 02/02/13 179.11 03/02/98 84.5 10.050 139.02
800558934 150,000.00 150,000.00 03/09/98 02/09/13 179.34 03/09/98 63.8 8.850 1,190.78
800559197 95,800.00 95,800.00 03/01/98 02/01/13 179.00 03/01/98 80.0 9.550 809.04
800559650 11,500.00 11,500.00 02/20/98 01/20/13 178.68 02/20/98 83.7 12.800 125.43
800559684 21,700.00 21,700.00 02/26/98 01/26/13 178.88 02/26/98 70.0 11.650 255.57
800559981 17,638.00 17,638.00 04/01/98 03/01/13 180.00 04/01/98 79.9 12.350 215.67
800560443 72,223.00 72,223.00 02/06/98 01/06/13 178.22 03/06/98 89.5 12.600 776.41
800560674 81,000.00 81,000.00 04/01/98 03/01/18 240.00 04/01/98 82.1 8.750 715.81
800560807 15,000.00 15,000.00 03/10/98 02/10/13 179.38 03/10/98 44.1 11.850 178.58
800560823 15,275.00 15,275.00 03/01/98 02/01/13 179.00 03/01/98 65.0 10.500 168.85
800560989 55,000.00 54,904.40 03/01/98 02/01/28 359.00 04/01/98 84.8 12.000 565.74
800561045 39,000.00 38,861.95 02/21/98 01/21/18 238.72 03/21/98 54.1 7.850 322.58
800561110 89,600.00 89,600.00 03/01/98 02/01/13 179.00 03/01/98 74.9 11.650 897.57
800561326 25,000.00 25,000.00 04/01/98 03/01/13 180.00 04/01/98 82.3 11.300 288.88
800561870 20,500.00 20,500.00 04/01/98 03/01/13 180.00 04/01/98 78.8 12.250 249.34
800562761 14,250.00 14,250.00 03/10/98 02/10/13 179.38 03/10/98 72.6 13.250 182.65
800563843 11,000.00 11,000.00 03/09/98 02/09/08 119.34 03/09/98 89.6 10.800 150.28
800564114 42,000.00 42,000.00 04/01/98 03/01/13 180.00 04/01/98 64.2 10.100 371.69
800565178 28,000.00 27,828.42 03/01/98 02/01/08 119.00 04/01/98 65.8 12.000 401.72
800565376 89,000.00 89,000.00 02/22/98 01/22/18 238.75 02/22/98 77.9 9.900 852.98
800565863 25,000.00 25,000.00 03/01/98 02/01/18 239.00 03/01/98 59.5 10.000 241.26
800566762 59,600.00 59,600.00 03/02/98 02/02/13 179.11 03/02/98 80.0 10.300 536.29
800567547 78,254.00 78,254.00 04/01/98 03/01/13 180.00 04/01/98 77.2 12.500 835.17
800567620 29,500.00 29,500.00 03/02/98 02/02/13 179.11 03/02/98 80.3 10.300 322.44
800567976 71,200.00 71,200.00 03/19/98 02/19/28 359.67 03/19/98 84.8 12.000 732.37
800568263 21,800.00 21,800.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.650 243.01
800568701 42,750.00 42,750.00 03/01/98 02/01/13 179.00 03/01/98 75.2 10.650 395.85
800568941 28,660.00 28,622.44 02/22/98 01/22/13 178.75 03/22/98 85.9 12.750 357.92
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 14 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800569121 WILLIAMS ROLF L 1848 WEST COLONEL ROAD SALT LK CTY UT 84116
235-02 800569469 FRANCHINO PAUL VITO 4 TRENTON PLACE NEWTON NJ 07860
235-02 800569824 SCHMITZ DEBRA A 1331 E TREMAINE AVENUE GILBERT AZ 85234
235-02 800570798 DELLINGER KENNETH J 2700 W 37TH STREET LORAINE OH 44053
235-02 800571309 ROUSE PAUL E JR 6409 OELSNER STREET NEW PORT RI FL 34652
235-02 800571788 PATTERSON JERROLD E 5601 EAST PEAK VIEW ROAD CAVE CREEK AZ 85331
235-02 800572067 STUTZ JAY E 610 WEST 31ST AVENUE EUGENE OR 97405
235-02 800572224 JONES STEPHEN FRANK 7837 NORTH 109TH AVENUE GLENDALE AZ 85307
235-02 800572398 SCHALL HEINZ 4 TERRY COURT N BABYLON NY 11703
235-02 800572455 DETMER THOMAS F 2718 NORTH WILTON CHICAGO IL 60614
235-02 800572554 BROWN SUSIE A 3303 FAIRMOUNT BLVD NE CANTON OH 44705
235-02 800572661 LICHTENWALTE KENNETH D 2702 222ND AVE SOUTHEAST ISSAQUAH WA 98027
235-02 800572687 LENDORE GERALD R 647 GLAFIL STREET ELMONT NY 11003
235-02 800573347 WILLARD WILLIAM EDWARD 3217 WILLARD RD LONGS SC 29568
235-02 800573552 BOOZER LAVONA F 2101 SUNSET POINT RD #204 CLEARWATER FL 34625
235-02 800573578 HARWELL LYNNE R 260 SUMMERTREE DRIVE TROUTMAN NC 28156
235-02 800573776 HARRIS ROBERT LEE 4224 HIGHWAY 42 WEST WILSON NC 27893
235-02 800573875 ROSSI PERRY ANNE 6509 BELLE VISTA AVENUE BALTIMORE MD 21206
235-02 800574006 SCHWARTZ SHIMSHON 11117 RUTLEDGE DRIVE GAITHERSBUR MD 20878
235-02 800574568 YATES RONALD M 4105 SOUTH 1610 EAST SALT LK CTY UT 84124
235-02 800575086 RICH WHITNEY L 300 NORTH HYDE PARK AVENUE DURHAM NC 27703
235-02 800575292 HARRISON JANICE C 3225 EAST 3900 SOUTH SALT LK CTY UT 84124
235-02 800575318 DELMAZIO PHILIP S 148-152 SUMMER STREET NEW CANAAN CT 06840
235-02 800575599 CHIPMAN CATHERINE C 1003-1005 PENNSYLVANIA AVE BOULDER CO 80302
235-02 800575714 COLNAGHI ROBERT A 8519 BELLA WAY TAMPA FL 33635
235-02 800575870 CARNS DONALD E 136 ROMBERGER ROAD MILLERSBURG PA 17061
235-02 800575920 SAFFA KEMOH JOHN 81 HAMILTON AVENUE YONKERS NY 10705
235-02 800576092 PIGOTT EDWARD D 5509 CEDONIA AVENUE BALTIMORE MD 21206
235-02 800576233 BAILEY DUANE E 15271 FREDERICK ROAD WOODBINE MD 21797
235-02 800576464 ALVAREZ MARK A 7151 54TH STREET NORTH PINELLAS PK FL 33781
235-02 800576746 BATES VERNON J 220 PECK COURT CO SPRINGS CO 80911
235-02 800577165 DRAGO KENNETH ERIC 10686 NEWCOMBE STREET WESTMINSTER CO 80021
235-02 800577892 SHERIDAN VINCENT J 43 SANDY LANE STAMFORD CT 06905
235-02 800578221 NEARY SHIRLEY 6403 MORGAN LA FEE LANE FORT MYERS FL 33912
235-02 800578403 ALMQUIST MARK A 3505 MUIRFIELD DRIVE CO SPRINGS CO 80907
235-02 800578429 JONES STEVEN D 4519 SOUTH 1300 EAST SALT LK CTY UT 84117
235-02 800578486 STONE DENNIS MICHAEL 17756 WESTVIEW DRIVE LAKE OSWEGO OR 97034
235-02 800578932 DUNKLE KENNETH P 3650 WEST 86TH STREET CHICAGO IL 60652
235-02 800578957 ABRAMO JOHN C JR 1644 BROOK DRIVE DUNEDIN FL 34698
235-02 800579625 GARCIA EDWIN A 643 MONROE AVENUE SCRANTON PA 18510
235-02 800580094 BREY MARK 10317 S WHISPERING SANDS S JORDAN UT 84095
235-02 800580441 ALVAREZ JUAN RICARDO 5180 23RD COURT SOUTHWEST NAPLES FL 34116
235-02 800581092 HICKEY TIMOTHY 304 BEACH 89TH STREET ROCKAWAY BE NY 11693
235-02 800581142 PEARCE PAMELA L 790 IVY STREET DENVER CO 80220
235-02 800581746 KNOTTS RONALD E 392 BARNEY JENKINS ROAD FELTON DE 19943
235-02 800582132 BROWN RICHARD E 12726 STATE ROAD 25 S NEW RICHMON IN 47967
235-02 800582496 EWING HARVEY L 9825 FERN STREET NEW PORT RI FL 34654
235-02 800582900 BERGER JAMEY SCOTT 6410 11TH AVE KENOSHA WI 53143
235-02 800583148 SCHORZMAN ANNELYNN 324 NORTH STONE STREET DELAND FL 32720
235-02 800583429 BRATCHER BARBARA K 212 JENKINS ROAD PERRY FL 32347
235-02 800583874 BROWN JOSEPH 2068 MAIN STREET BRIDGEPORT CT 06610
235-02 800583999 BROUGH WALTER JR 38 EAGLE STREET JOHNSTON RI 02919
235-02 800584450 JOSEPH JERRY J 15016 NORTH 40TH LANE PHOENIX AZ 85023
235-02 800584781 PAIGE OGRETA 738 A MADISON STREET BROOKLYN NY 11221
235-02 800585556 LEE CORNELIUS J SR 4640 ENID WAY DENVER CO 80239
235-02 800586307 MURPHY ROBERT J 1289 DALE COURT SEAFORD NY 11783
235-02 800587263 CHIPPINDALE SANDRA 1888 SOUTH JACKSON #705 DENVER CO 80210
235-02 800587883 KING FLOYD L 2155 ALTURAS LOOP ROAD ALTURAS FL 33820
235-02 800587891 THOM R KELLY 8269 SOUTH SAULSBURY WAY LITTLETON CO 80128
235-02 800587966 HAWKINS CECIL E 3315 NORTH OAKLAND ROAD LAKELAND FL 33801
235-02 800588287 WASHINGTON LOUISE 2271 NORTHWEST 59TH WAY LAUDERHILL FL 33313
235-02 800588295 GUERRA YOLANDA E 5997 VISTA LOOP SAN JOSE CA 95124
235-02 800588691 DOSE LINDA L 284 CLEARVIEW ROAD CHULUOTA FL 32766
235-02 800589145 DELISSER WAYNE A 46 ELM STREET HEMPSTEAD NY 11550
235-02 800590101 KREOWSKI WOLFGANG 61 DEL CERRO CAMINO CRESTVIEW FL 32539
235-02 800590382 FREEMAN-BARN MARY K 2063 WEST 110TH PLACE CHICAGO IL 60643
235-02 800590762 CACUCCIOLO JOSEPH 45 NICOLOSI DRIVE STATEN ISLA NY 10305
235-02 800591398 BARRITEAU LYRIS J 1313 TROY AVENUE BROOKLYN NY 11203
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800569121 11,100.00 11,100.00 04/01/98 03/01/13 180.00 04/01/98 74.8 10.950 125.81
800569469 27,800.00 27,711.73 02/28/98 01/28/13 178.95 03/28/98 89.9 11.500 324.76
800569824 130,500.00 130,500.00 03/01/98 02/01/28 359.00 03/01/98 90.0 9.150 1,064.15
800570798 98,600.00 98,600.00 03/17/98 02/17/28 359.61 03/17/98 85.0 8.650 768.65
800571309 36,000.00 36,000.00 03/01/98 02/01/13 179.00 03/01/98 80.0 7.900 341.96
800571788 16,000.00 16,000.00 04/01/98 03/01/13 180.00 04/01/98 78.5 13.500 183.27
800572067 69,900.00 69,900.00 04/01/98 03/01/13 180.00 04/01/98 89.7 11.300 681.57
800572224 11,200.00 11,200.00 04/01/98 03/01/13 180.00 04/01/98 79.3 10.400 123.11
800572398 31,450.00 31,450.00 03/01/98 02/01/08 119.00 03/01/98 79.9 11.600 443.97
800572455 105,000.00 105,000.00 03/01/98 02/01/13 179.00 03/01/98 71.1 9.500 882.90
800572554 52,800.00 52,800.00 02/28/98 01/28/18 238.95 02/28/98 79.3 7.750 433.46
800572661 49,500.00 49,500.00 04/01/98 03/01/13 180.00 04/01/98 85.0 11.500 578.25
800572687 41,000.00 41,000.00 02/22/98 01/22/13 178.75 02/22/98 87.7 11.050 392.00
800573347 56,000.00 56,000.00 03/19/98 02/19/18 239.67 03/19/98 80.0 9.650 527.49
800573552 14,960.00 14,907.61 03/01/98 02/01/13 179.00 04/01/98 69.9 11.350 173.34
800573578 64,175.00 63,975.89 03/02/98 02/02/18 239.11 04/02/98 84.7 11.500 684.38
800573776 30,600.00 30,600.00 02/28/98 01/28/18 238.95 02/28/98 63.7 10.950 314.81
800573875 13,700.00 13,695.36 03/01/98 02/01/08 119.00 03/01/98 84.9 12.350 199.34
800574006 44,000.00 44,000.00 03/23/98 02/23/13 179.80 03/23/98 84.9 11.600 516.80
800574568 124,000.00 124,000.00 03/01/98 02/01/28 359.00 03/01/98 84.9 9.050 1,002.20
800575086 42,000.00 42,000.00 02/22/98 01/22/13 178.75 02/22/98 70.0 10.350 379.49
800575292 43,000.00 41,618.71 10/19/97 09/19/12 174.64 05/19/98 89.4 12.050 443.96
800575318 192,500.00 192,500.00 03/04/98 02/04/13 179.18 03/04/98 74.8 10.100 1,703.57
800575599 54,700.00 54,091.95 04/01/98 03/01/13 180.00 05/01/98 74.9 10.600 608.05
800575714 30,000.00 30,000.00 03/01/98 02/01/13 179.00 03/01/98 79.8 11.100 342.87
800575870 30,500.00 30,500.00 02/28/98 01/28/13 178.95 02/28/98 79.9 12.450 374.93
800575920 157,250.00 157,250.00 03/01/98 02/01/13 179.00 03/01/98 85.0 13.350 1,782.62
800576092 20,000.00 20,000.00 01/15/98 12/15/12 177.50 02/15/98 89.0 11.850 238.11
800576233 24,000.00 23,858.49 11/01/97 10/01/12 175.00 03/01/98 81.8 12.300 292.69
800576464 11,700.00 11,700.00 03/02/98 02/02/13 179.11 03/02/98 90.0 10.400 128.61
800576746 30,000.00 30,000.00 04/01/98 03/01/13 180.00 04/01/98 82.3 9.750 317.81
800577165 13,100.00 13,100.00 03/01/98 02/01/13 179.00 03/01/98 89.9 10.900 123.77
800577892 328,500.00 328,500.00 03/01/98 02/01/28 359.00 03/01/98 90.0 10.800 3,078.84
800578221 19,000.00 19,000.00 03/10/98 02/10/13 179.38 03/10/98 83.0 10.600 211.21
800578403 31,500.00 31,500.00 04/01/98 03/01/18 240.00 04/01/98 83.5 11.100 327.29
800578429 33,000.00 33,000.00 04/01/98 03/01/18 240.00 04/01/98 79.9 12.200 367.97
800578486 110,760.00 110,760.00 04/01/98 03/01/13 180.00 04/01/98 84.9 11.100 1,265.86
800578932 14,500.00 14,500.00 03/10/98 02/10/13 179.38 03/10/98 76.8 12.100 174.96
800578957 26,000.00 26,000.00 03/11/98 02/11/13 179.41 03/11/98 74.2 9.150 266.03
800579625 84,000.00 84,000.00 03/17/98 02/17/13 179.61 03/17/98 80.0 9.650 715.53
800580094 38,800.00 38,800.00 04/01/98 03/01/13 180.00 04/01/98 84.9 11.100 443.44
800580441 20,000.00 20,000.00 03/06/98 02/06/08 119.24 03/06/98 84.5 9.500 258.80
800581092 202,500.00 202,500.00 03/24/98 02/24/13 179.84 03/24/98 90.0 8.500 1,557.05
800581142 50,000.00 50,000.00 04/01/98 03/01/13 180.00 04/01/98 77.9 10.350 548.06
800581746 43,240.00 43,240.00 03/06/98 02/06/18 239.24 03/06/98 84.9 11.500 461.12
800582132 120,000.00 120,000.00 03/18/98 02/18/28 359.64 03/18/98 65.9 8.400 914.21
800582496 32,300.00 32,300.00 03/09/98 02/09/13 179.34 03/09/98 85.0 8.000 308.68
800582900 35,900.00 35,783.35 03/06/98 02/06/28 359.24 04/06/98 79.9 9.750 308.44
800583148 13,100.00 13,100.00 03/19/98 02/19/13 179.67 03/19/98 84.8 11.350 151.79
800583429 20,500.00 20,500.00 03/03/98 02/03/13 179.15 03/03/98 90.0 10.650 228.52
800583874 120,000.00 120,000.00 03/01/98 02/01/13 179.00 03/01/98 80.0 9.850 1,039.81
800583999 130,900.00 130,900.00 03/25/98 02/25/13 179.87 03/25/98 85.0 8.650 1,020.46
800584450 28,000.00 28,000.00 03/01/98 02/01/13 179.00 03/01/98 90.0 10.850 263.49
800584781 162,000.00 162,000.00 03/05/98 02/05/28 359.21 03/05/98 90.0 10.150 1,439.65
800585556 17,745.00 17,745.00 04/01/98 03/01/13 180.00 04/01/98 84.9 11.100 202.80
800586307 30,390.00 30,390.00 03/13/98 02/13/18 239.47 03/13/98 89.9 10.900 311.62
800587263 30,000.00 30,000.00 04/01/98 03/01/13 180.00 04/01/98 34.4 10.350 328.84
800587883 48,450.00 48,450.00 03/18/98 02/18/18 239.64 03/18/98 85.0 10.650 488.61
800587891 35,000.00 35,000.00 03/01/98 02/01/13 179.00 03/01/98 74.4 9.700 299.42
800587966 38,250.00 38,250.00 03/25/98 02/25/18 239.87 03/25/98 85.0 11.250 401.34
800588287 104,000.00 104,000.00 03/05/98 02/05/28 359.21 03/05/98 80.0 8.750 818.17
800588295 60,000.00 60,000.00 03/01/98 02/01/13 179.00 03/01/98 78.7 11.250 582.76
800588691 14,000.00 14,000.00 03/09/98 02/09/13 179.34 03/09/98 89.3 10.650 156.06
800589145 100,000.00 100,000.00 03/01/98 02/01/28 359.00 03/01/98 80.0 11.250 971.26
800590101 50,000.00 50,000.00 03/17/98 02/17/13 179.61 03/17/98 79.6 12.450 614.64
800590382 50,000.00 50,000.00 03/18/98 02/18/13 179.64 03/18/98 62.9 10.600 555.80
800590762 445,500.00 445,500.00 02/28/98 01/28/13 178.95 02/28/98 55.0 10.650 4,125.21
800591398 193,500.00 193,500.00 03/24/98 02/24/13 179.84 03/24/98 90.0 9.750 1,662.46
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 15 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800591521 HODGE ANDREA H 105 72 FLATLANDS 5TH ST BROOKLYN NY 11236
235-02 800591562 DANIELS MICHAEL 1038 TORTOISE WAY JACKSONVILL FL 32218
235-02 800591687 BRASFIELD PATRICIA A 5540 YOST COURT DENVER CO 80239
235-02 800591745 BEE MARTIN 4781 WEST SARBO STREET SALT LK CTY UT 84118
235-02 800591877 YOUNG HELEN C 914 SOUTHEAST 19TH STREET GAINESVILLE FL 32641
235-02 800592123 ROBBINS DELORES M 7802 BROOKSIDE LANE TAMPA FL 33615
235-02 800593584 NYE TERRY LEE 89 ORCHARD DRIVE QUARRYVILLE PA 17566
235-02 800593865 LOCHER PETER 348 SOUTH MILWAUKEE STREET FREDONIA WI 53021
235-02 800593972 NEWMAN BARRY J 713 BLUEBIRD LANE BAILEY CO 80421
235-02 800594087 HOLDAWAY EVERT H 2601 WEST CHERRY GROVE WAY S JORDAN UT 84095
235-02 800594418 DAY JANINE S 5 BIRCH HILL ROAD MOUNT SINAI NY 11766
235-02 800594780 MALDONADO SAMUEL 408 SOUTHEAST 16TH STREET CAPE CORAL FL 33990
235-02 800595985 HOLLEY RONALD E 5452 THONOTOSASSA ROAD PLANT CITY FL 33565
235-02 800596199 SCHWARTZ MELVIN 21050 RUSTLEWOOD AVENUE BOCA RATON FL 33428
235-02 800596371 VINCI ANTHONY 11 ASHLON LANE COMMACK NY 11725
235-02 800597312 SHARP KIRT WILLIS 503 EAST 10695 SOUTH SANDY UT 84070
235-02 800597403 GREEN PAUL SMITH SR 1716 CALISTA CIRCLE FAYETTEVILL NC 28304
235-02 800597817 GALLIPANI MICHAEL A 2586 GRAND AVENUE BELLMORE NY 11710
235-02 800599144 LUIZZA CHARLES 711 TRUMPET TREE PUNTA GORDA FL 33955
235-02 800599250 STAHLSCHMIDT ROBERT H II 2721 DUEBY STREET SARASOTA FL 34231
235-02 800600124 KOMOSA JOSEPH H 1228 CORA WYANDOTTE MI 48192
235-02 800600884 ROBERTS JAMES F 12202 92ND STREET NORTH LARGO FL 33773
235-02 800602831 HASS SAMUEL 19 AISHEL LANE MONSEY NY 10952
235-02 800604340 PAGLIA-KIRKP MICHELLE A 4021 EL CAMINO AVENUE LAS VEGAS NV 89102
235-02 800605701 RIGNEY RAYMOND R 39572 EAST COLORADO AVENUE BENNETT CO 80102
235-02 800605909 EVANS KENNETH J 4724 WILLOWBROOK MENTOR OH 44060
235-02 800605933 DONNEL SEAN A 350 CARBON CENTER ROAD BUTLER PA 16001
235-02 800606261 PARRIS ROGER R 2012 GLENWOOD ROAD BROOKLYN NY 11210
235-02 800606477 DRAFFIN NANCY K 3415 ALLENDALE DRIVE HOLIDAY FL 34691
235-02 800607905 DOMBROSKI MICHAEL 151 HIGHLAND BLVD DALLAS PA 18612
235-02 800608101 WESTPHAL BRADLEY R 4949 97TH WAY NORTH ST PETERSBU FL 33708
235-02 800608523 SALLEE GERALDINE C 1111 32ND STREET NORTH ST PETERSBU FL 33713
235-02 800609216 GARCIA CARMAN M 612 SOUTH BAYVIEW BLVD OLDSMAR FL 34677
235-02 800611493 HAMILTON HELEN B 4 SOUTH CARDINAL COURT BAY SHORE NY 11706
235-02 800612202 VOGT JAMES E 10165 WEST 41ST AVENUE WHEATRIDGE CO 80033
235-02 800612475 SHELTON JOHN W 4512 THE FOXES WILLIAMSBUR VA 23188
235-02 800614133 HOLLINGSWORT JAMES W 1572 CARROLL STREET CLEARWATER FL 33755
235-02 800615270 MONTGOMERY MICHAEL 1455 HATHAWAY DRIVE CO SPRINGS CO 80915
235-02 800616393 FILIPPOVA IRINA 2130 WEST 6TH STREET BROOKLYN NY 11223
235-02 800616625 MARCHESE VINCENT J 195 FRANCIS DRIVE NE PT CHARLOTT FL 33952
235-02 800617656 EVANS MAURICE A 27 TURF DRIVE PARKTON NC 28371
235-02 800620759 BACA CARMELA 1617 SOUTHEAST 20TH LANE CAPE CORAL FL 33990
235-02 800621104 FORREST EDNA 115-41 157TH STREET JAMAICA NY 11434
235-02 800625147 THOMAS DANIEL K 121 EAST WHITLOCK AVENUE SALT LK CTY UT 84115
235-02 800631087 PETERS JEROME RR 2 BOX 303 PINE STREET COGAN STATI PA 17728
235-02 800634925 ERWIN RONALD C 12000 ASPENWOOD LANE LAUREL MD 20708
235-02 800636599 FLEMING THEODORE EDWARD J 10086 SHENANDOAH DRIVE SAN DIEGO CA 92071
235-02 800640484 ARDJOENSING RONALD H 111-11 39TH AVENUE CORONA NY 11368
235-02 800642787 MINIER ROBERT D JR 10940 WALSINGHAM ROAD LARGO FL 33778
235-02 800645285 ST CLAIR JOI 4732 SHADOWGLEN DRIVE CO SPRINGS CO 80918
235-02 680005451 SECOLA JOSEPH P 78 NORTH MOUNTAIN ROAD BROOKFIELD CT 06804
235-02 680024809 WILSON CARL 126 LAKE ONE DR HAMPTON VA 23666
235-02 680045218 HYNES ROBERT J 18 COLD BROOK RD WARWICK RI 02888
235-02 680049061 WINKLHOFER ELLEN 47 CROSSMAN AVENUE BUFFALO NY 14211
235-02 680071362 CHERVINSKI KATHLEEN E 4483 PEPPER LANE NORTH PORT FL 34287
235-02 800351827 CADER STEVEN 1536 PINE AVENUE TAHOE CITY CA 96145
235-02 800373391 HERNDON GARY W 3042 EAST 96TH PLACE THORNTON CO 80229
235-02 800393175 WEST STEPHEN G 3338 WOODSIDE LANE SAN JOSE CA 95124
235-02 800425449 CLARKE ANITA LU 1011 JONES STREET BERKELEY CA 94710
235-02 800444903 COUNTRYMAN DWAYNE A 1775 CRIMSON TERRACE BRENTWOOD CA 94513
235-02 800454910 MUSSO SUSAN 19 EMERSON DRIVE MOOSIC PA 18507
235-02 800460735 JARDINE GREGORY V 1440 EAST 25TH STREET IDAHO FALLS ID 83404
235-02 800466344 GUNN PEGGY 9973 S EDEN POINT CIRCLE S JORDAN UT 84095
235-02 800470098 PARTON WILLIAM W JR 94 N BIG ROCK DRIVE ORACLE AZ 85623
235-02 800474207 COLBY ROGER L 1513 68TH STREET W BRADENTON FL 34209
235-02 800480899 RAGO SILVIA MARIA 8 ELLEN ROAD BROCKTON MA 02402
235-02 800481384 GUILLAUME MIMOSE 1238 EAST 56TH STREET BROOKLYN NY 11234
235-02 800482283 SIMPSON NORMAN A 218-20 SOUTH 11TH STREET CO SPRINGS CO 80904
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800591521 29,700.00 29,700.00 03/19/98 02/19/13 179.67 03/19/98 79.9 11.350 344.13
800591562 88,500.00 88,500.00 03/04/98 02/04/18 239.18 03/04/98 71.9 7.500 712.95
800591687 18,000.00 18,000.00 04/01/98 03/01/13 180.00 04/01/98 77.6 13.100 228.93
800591745 12,500.00 12,500.00 04/01/98 03/01/13 180.00 04/01/98 87.2 10.000 134.33
800591877 50,000.00 49,779.36 03/03/98 02/03/28 359.15 04/03/98 71.4 8.450 382.69
800592123 31,600.00 31,600.00 03/18/98 02/18/13 179.64 03/18/98 50.9 8.400 309.33
800593584 60,500.00 60,073.06 03/02/98 02/02/08 119.11 04/02/98 61.1 8.350 745.27
800593865 37,000.00 37,000.00 04/01/98 03/01/18 240.00 04/01/98 79.9 11.950 406.11
800593972 34,000.00 34,000.00 04/01/98 03/01/13 180.00 04/01/98 89.5 10.400 308.47
800594087 44,000.00 44,000.00 02/28/98 01/28/13 178.95 02/28/98 73.5 13.050 558.15
800594418 33,500.00 33,500.00 03/04/98 02/04/13 179.18 03/04/98 84.9 11.900 399.90
800594780 23,495.00 23,495.00 03/11/98 02/11/13 179.41 03/11/98 79.9 9.650 247.47
800595985 32,600.00 32,600.00 03/19/98 02/19/18 239.67 03/19/98 36.2 8.750 288.09
800596199 23,250.00 23,250.00 03/11/98 02/11/13 179.41 03/11/98 84.8 10.850 262.07
800596371 40,000.00 40,000.00 03/11/98 02/11/13 179.41 03/11/98 53.7 8.750 314.68
800597312 60,000.00 60,000.00 04/01/98 03/01/13 180.00 04/01/98 46.7 8.900 605.00
800597403 70,000.00 70,000.00 03/06/98 02/06/28 359.24 03/06/98 58.3 8.250 525.89
800597817 101,000.00 101,000.00 03/13/98 02/13/28 359.47 03/13/98 75.9 8.250 758.78
800599144 120,000.00 120,000.00 03/11/98 02/11/28 359.41 03/11/98 61.5 7.650 851.42
800599250 30,000.00 30,000.00 03/12/98 02/12/13 179.44 03/12/98 77.4 9.000 241.39
800600124 40,000.00 40,000.00 03/19/98 02/19/28 359.67 03/19/98 70.1 8.900 318.97
800600884 54,000.00 54,000.00 03/09/98 02/09/18 239.34 03/09/98 75.5 8.400 465.21
800602831 104,800.00 104,800.00 01/22/98 12/22/12 177.73 02/22/98 84.5 12.800 1,142.94
800604340 45,000.00 45,000.00 04/01/98 03/01/18 240.00 04/01/98 84.9 11.600 483.00
800605701 30,000.00 30,000.00 03/01/98 02/01/13 179.00 03/01/98 78.2 12.300 315.53
800605909 79,000.00 79,000.00 03/18/98 02/18/13 179.64 03/18/98 75.2 7.500 732.34
800605933 39,490.00 39,490.00 03/17/98 02/17/13 179.61 03/17/98 85.0 11.100 379.06
800606261 53,500.00 52,953.20 10/02/97 09/02/12 174.08 03/02/98 88.5 11.990 641.75
800606477 44,000.00 44,000.00 03/04/98 02/04/28 359.18 03/04/98 80.0 8.000 322.86
800607905 200,000.00 200,000.00 03/23/98 02/23/28 359.80 03/23/98 64.5 8.400 1,523.68
800608101 59,000.00 59,000.00 03/19/98 02/19/13 179.67 03/19/98 88.5 10.650 546.32
800608523 47,600.00 47,600.00 03/17/98 02/17/13 179.61 03/17/98 85.0 8.650 472.93
800609216 58,500.00 58,500.00 03/11/98 02/11/28 359.41 03/11/98 90.0 8.000 429.25
800611493 55,000.00 55,000.00 03/17/98 02/17/28 359.61 03/17/98 36.6 8.150 409.34
800612202 32,000.00 32,000.00 04/01/98 03/01/13 180.00 04/01/98 84.5 9.150 260.94
800612475 13,000.00 13,000.00 03/23/98 02/23/08 119.80 03/23/98 80.0 12.100 187.26
800614133 70,850.00 70,850.00 03/11/98 02/11/13 179.41 03/11/98 65.0 8.600 701.85
800615270 34,850.00 34,850.00 04/01/98 03/01/13 180.00 04/01/98 79.5 9.400 290.50
800616393 36,400.00 36,400.00 03/25/98 02/25/13 179.87 03/25/98 84.9 11.350 421.76
800616625 76,800.00 76,800.00 03/13/98 02/13/18 239.47 03/13/98 80.0 8.650 673.80
800617656 78,300.00 78,300.00 03/24/98 02/24/28 359.84 03/24/98 90.0 11.650 784.37
800620759 21,800.00 21,800.00 03/25/98 02/25/08 119.87 03/25/98 84.9 10.600 295.38
800621104 130,000.00 130,000.00 03/13/98 02/13/28 359.47 03/13/98 65.0 14.240 1,565.06
800625147 11,500.00 11,500.00 04/01/98 03/01/13 180.00 04/01/98 78.7 10.350 126.05
800631087 41,700.00 41,700.00 03/23/98 02/23/28 359.80 03/23/98 64.3 8.750 328.05
800634925 43,000.00 43,000.00 03/19/98 02/19/13 179.67 03/19/98 84.9 11.350 498.23
800636599 23,200.00 23,200.00 04/01/98 03/01/13 180.00 04/01/98 85.0 12.000 238.64
800640484 54,000.00 53,875.74 12/17/97 11/17/17 236.58 03/17/98 60.1 11.650 581.46
800642787 51,000.00 51,000.00 03/23/98 02/23/18 239.80 03/23/98 77.2 7.500 410.85
800645285 31,452.00 31,452.00 04/01/98 03/01/13 180.00 04/01/98 80.0 13.100 350.38
680005451 39,800.00 38,295.47 09/28/96 08/28/11 161.92 03/28/98 89.7 12.400 487.96
680024809 56,700.00 56,617.97 01/17/97 12/17/11 165.57 02/17/98 60.0 12.950 625.00
680045218 30,100.00 29,564.32 12/18/96 11/18/16 224.61 03/18/98 84.7 10.500 300.51
680049061 27,400.00 27,312.76 02/01/97 01/01/12 166.00 03/01/98 63.7 10.750 255.77
680071362 14,000.00 13,568.43 01/11/97 12/11/11 165.37 03/11/98 79.9 11.900 167.12
800351827 19,914.00 19,914.00 02/01/98 01/01/13 178.00 03/01/98 90.0 12.200 207.91
800373391 26,000.00 25,931.73 12/01/97 11/01/12 176.00 03/01/98 74.5 14.400 316.32
800393175 25,150.00 25,150.00 02/01/98 01/01/13 178.00 03/01/98 85.0 13.050 279.19
800425449 25,000.00 24,967.25 12/01/97 11/01/12 176.00 03/01/98 86.3 11.100 239.98
800444903 52,000.00 51,882.78 01/01/98 12/01/12 177.00 04/01/98 89.8 10.830 488.55
800454910 454,400.00 454,379.65 02/05/98 01/05/13 178.19 03/05/98 75.9 9.900 3,954.15
800460735 54,294.00 53,885.49 02/01/98 01/01/13 178.00 04/01/98 84.9 12.550 670.96
800466344 40,000.00 39,986.86 01/01/98 12/01/12 177.00 03/01/98 86.1 11.375 392.31
800470098 34,900.00 34,900.00 03/01/98 02/01/13 179.00 03/01/98 81.9 11.400 405.48
800474207 39,250.00 39,024.74 12/25/97 11/25/12 176.84 03/25/98 75.0 11.100 448.58
800480899 19,300.00 19,229.74 01/12/98 12/12/12 177.40 03/12/98 84.9 13.500 250.58
800481384 224,190.00 224,123.69 01/15/98 12/15/27 357.50 02/15/98 90.0 11.850 2,280.19
800482283 56,500.00 56,500.00 02/01/98 01/01/13 178.00 03/01/98 78.8 11.700 568.15
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 16 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800482358 TAGUWA DAVE S 101 HESKETH COURT ROSEVILLE CA 95747
235-02 800484321 MARILLA LORI RAMOS 11 MACINTOSH DRIVE LAFAYETTE NJ 07848
235-02 800486623 JACOBSON GREGORY B 1010 CARNELIAN BAY AVENUE CARNELIAN B CA 96140
235-02 800491128 MOOREHOUSE MILES P 6918 FOX CIRCLE LARKSPUR CO 80118
235-02 800498354 ESPINAL CECILIA 107-49 PINE GROVE STREET JAMAICA NY 11435
235-02 800501397 ROMANO TODD 6 MIDDLE ROAD HAMPTON BAY NY 11946
235-02 800505448 SPRUNG MARTIN 9801 SOUTHWEST 55TH COURT FT LAUDERDA FL 33328
235-02 800509382 OBRIEN GARY D 1158 BROADWAY HANOVER PA 17331
235-02 800510612 CONYERS MATTHEW JR 2345 WALTER CONYERS LANE SUMTER SC 29168
235-02 800513608 MULLOY JAMES J 2627 NORTH 690 WEST CLINTON UT 84015
235-02 800514705 MESMER SARAH R 4775 S PLUM CREEK MEADOWS SEDALIA CO 80135
235-02 800517302 BALDWIN MILISSA 853 WEST 2300 SOUTH SYRACUSE UT 84075
235-02 800521742 EGBERT MICHAEL C RT 1 BOX 1339A SUMMERTON SC 29148
235-02 800524449 YOUNG BETTY 2611 WEDGEWOOD DRIVE VALDOSTA GA 31602
235-02 800525545 RYGG PAUL C 2967 SOUTH WABASH CIRCLE DENVER CO 80231
235-02 800526352 FELAND ROBERT E 4129 WEST DONIBRISTLE ROAD S JORDAN UT 84095
235-02 800529497 LIND ROBERT MAX 1565 IDYLWILD ROAD PRESCOTT AZ 86301
235-02 800532723 MARFYAK ANDREW G 19 OLD MESSENGER ROAD GRANBY CT 06035
235-02 800538019 GENEVE PAUL RUDY 8 SAINT LAWRENCE WAY MARLBORO NJ 07746
235-02 800542698 SEAGLE WILLIAM J 4169 CREEK TRAIL SE ACWORTH GA 30102
235-02 800544009 SALDANA JOSE 95-20 40TH ROAD ELMHURST NY 11373
235-02 800544959 TUCKER JAMES T 454 CANTHOOK LANE FAIRPLAY CO 80440
235-02 800545865 MICHANCZYK RAYMOND S 3798 HALL MEADOWS ROAD GOSHEN CT 06756
235-02 800546681 LARSEN R SCOTT 158 EAST 5550 SOUTH WASHINGTON UT 84405
235-02 800546939 MCKEEL CALVIN MITCHELL 252 LAKE VIEW SHORES LOOP MOORESVILLE NC 28115
235-02 800548539 LOWERY QUENTON TERRELL 183 GENOA COURT VALLEJO CA 94592
235-02 800548810 DOYLE THOMAS E 118 SOUTHSIDE DRIVE NEWVILLE PA 17241
235-02 800549388 GREENFIELD THOMAS J 2340 MAPLE AVENUE #405 FORT MYERS FL 33901
235-02 800554412 JONES LOLETHA J 5314 SCRANTON COURT DENVER CO 80239
235-02 800556250 DEFEO ANTHONY 62 KNAPP LANE NEW CANAAN CT 06840
235-02 800559254 MENDEZ JAVIER M 7976 LONE JOGGER DRIVE LAS VEGAS NV 89113
235-02 800561136 FOX SHAUNA L 436 EAST 550 SOUTH BOUNTIFUL UT 84010
235-02 800561144 BOBBIE DUNCAN 114-59 175TH STREET ST ALBANS NY 11434
235-02 800565046 SLUSHER RICHARD L 1229 EAST 2550 NORTH NORTH OGDEN UT 84414
235-02 800568495 POKRYWA BENJAMIN 11 BRUCE DRIVE ANDOVER TWP NJ 07860
235-02 800569428 PENDOLA PRISCILLA 1720 BAY RIDGE AVENUE BROOKLYN NY 11204
235-02 800570699 BOLES JAMES W 410 UNDERWOOD DRIVE GARDEN CITY SC 29576
235-02 800570939 VAN LEEUWEN LOUIS 23 PLEASANT STREET RIVERSIDE CT 06878
235-02 800573370 MORRIS WILLIAM L 1112 24TH TRAIL COTOPAXI CO 81223
235-02 800575227 LIEVENBRUCK JOHN M 20 CANTERBURY DRIVE READING MA 01867
235-02 800576001 TURNER RICKY W 5415 GREEN MOSS LANE CHARLOTTE NC 28208
235-02 800577249 FOULKE JAMES HAROLD JR 19 10TH AVENUE HUNTINGTON NY 11746
235-02 800578270 BARTHOLOMEW S DIANE 2211 HIGH STREET DENVER CO 80205
235-02 800580086 MASON MARY E 250 CLAFLIN AVENUE EWING TWP NJ 08638
235-02 800580979 SOFER ALAN 99 VICTOR STREET PLAINVIEW NY 11803
235-02 800581209 OESCHGER RONALD 136 IROQUOIS STREET WEBSTER NY 14580
235-02 800583445 JOHNSON DERRELL E 10240 SOUTHEAST 157TH LANE SUMMERFIELD FL 34491
235-02 800585465 SMITH JOSEPH F 720 ZENITH DRIVE STRATFORD CT 06497
235-02 800586604 PHILLIPS J HAROLD 1230 ELK RIDGE COVE ALPHARETTA GA 30024
235-02 800589491 GARNER MARY L 3819 26TH AVENUE TEMPLE HILL MD 20748
235-02 800591026 HERNANDEZ EDWIN 553 59TH STREET BROOKLYN NY 11220
235-02 800591133 SPINELLI VINCENT J 26 WALNUT STREET SEYMOUR CT 06483
235-02 800600983 NORRIS RANDY A 7500 EBSON DRIVE NORTH FT MYERS FL 33917
235-02 800601312 GRIFFIN BEVERLY J 30 ASPEN COURT FISHKILL NY 12524
235-02 800604696 LAMBERT DARLEEN JOANN 8280 IBIS STREET SARASOTA FL 34241
235-02 800610206 DURAN VINICIO 156-158 HAROLD STREET PROVIDENCE RI 02909
235-02 800614216 PERSAUD SHEKHAR 2827 VALENTINE AVENUE BRONX NY 10458
235-02 800615551 THOMSON BRYAN 11250 SOUTH TRENT DRIVE S JORDAN UT 84095
235-02 800615999 DMOCHOWSKI EDWARD 343 GARLAND STREET DELTONA FL 32725
235-02 800623605 QUINTIERI ERNESTO 96-12 103RD AVENUE OZONE PARK NY 11417
235-02 800626780 STETTIN MANFRED 4531 SOUTHEAST 10TH AVENUE CAPE CORAL FL 33904
235-02 800632234 ERDVIG ROGER 26 ROOSEVELT AVENUE PATCHOGUE NY 11772
235-02 800632630 PAULAUSKAS WALLACE D 13301 2ND STREET EAST MADEIRA BCH FL 33708
235-02 800637027 SCHOENBERGER FRANCES DOLO 2674 MAPLE AVENUE N BELLMORE NY 11710
235-02 800639627 SCHAUERMAN MIKE 4500 29TH AVENUE NORTH ST PETERSBU FL 33713
235-02 800641524 PERKINS JOHN K 126 QUAKER FARMS ROAD OXFORD CT 06478
235-02 800420010 KHAN MOHAMMED SAHUDDIN 173 GAY STREET WESTWOOD MA 02090
235-02 800432437 HARRIGAN DONALD E 3646 STONE WAY ESTERO FL 33928
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800482358 19,358.00 19,358.00 01/01/98 12/01/12 177.00 03/01/98 80.0 13.650 224.02
800484321 297,000.00 296,589.93 03/01/98 02/01/13 179.00 04/01/98 90.0 10.550 2,727.89
800486623 146,750.00 146,750.00 02/01/98 01/01/13 178.00 03/01/98 84.9 12.050 1,515.14
800491128 39,000.00 39,000.00 01/19/98 12/19/12 177.63 03/19/98 88.2 10.550 358.21
800498354 134,400.00 134,400.00 03/13/98 02/13/28 359.47 03/13/98 80.0 10.900 1,269.78
800501397 90,000.00 90,000.00 02/13/98 01/13/28 358.45 03/13/98 66.6 8.150 669.82
800505448 184,000.00 184,000.00 02/07/98 01/07/13 178.26 03/07/98 66.2 11.850 2,190.59
800509382 31,146.00 31,008.20 02/06/98 01/06/08 118.22 03/06/98 90.0 11.700 441.47
800510612 37,700.00 37,700.00 03/27/98 02/27/18 239.93 03/27/98 62.8 11.875 411.83
800513608 21,627.00 21,627.00 02/13/98 01/13/13 178.45 03/13/98 79.9 15.150 304.91
800514705 35,000.00 35,000.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.200 424.57
800517302 21,000.00 20,921.97 03/01/98 02/01/18 239.00 04/01/98 89.8 11.300 221.06
800521742 81,900.00 81,900.00 03/01/98 02/01/18 239.00 03/01/98 90.0 11.300 862.15
800524449 67,600.00 67,600.00 02/23/98 01/23/28 358.78 02/23/98 80.0 11.350 661.71
800525545 21,600.00 21,600.00 02/09/98 01/09/13 178.32 02/09/98 89.9 12.100 260.63
800526352 51,814.00 51,814.00 04/01/98 03/01/13 180.00 04/01/98 80.0 13.600 597.56
800529497 32,154.00 32,154.00 04/01/98 03/01/13 180.00 04/01/98 84.5 12.000 385.90
800532723 19,450.00 19,436.07 02/22/98 01/22/13 178.75 03/22/98 84.6 10.450 214.40
800538019 70,700.00 70,700.00 03/01/98 02/01/18 239.00 03/01/98 90.0 11.750 766.18
800542698 58,900.00 58,900.00 02/13/98 01/13/18 238.45 03/13/98 89.9 12.250 658.83
800544009 220,500.00 220,500.00 03/12/98 02/12/28 359.44 03/12/98 90.0 10.800 2,066.62
800544959 163,750.00 163,750.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.050 1,690.66
800545865 47,050.00 47,050.00 03/09/98 02/09/18 239.34 03/09/98 85.0 13.790 577.92
800546681 25,700.00 25,700.00 03/01/98 02/01/13 179.00 03/01/98 79.9 10.350 281.70
800546939 81,000.00 81,000.00 03/01/98 02/01/18 239.00 03/01/98 85.0 12.650 928.85
800548539 26,500.00 26,485.09 12/10/97 11/10/12 176.35 02/10/98 89.4 12.200 276.67
800548810 12,296.00 12,249.90 02/26/98 01/26/08 118.88 03/26/98 85.0 13.550 187.61
800549388 12,500.00 12,416.68 02/12/98 01/12/18 238.42 04/12/98 67.5 9.400 115.70
800554412 35,350.00 35,350.00 03/02/98 02/02/13 179.11 03/02/98 79.9 13.250 453.09
800556250 80,000.00 80,000.00 02/27/98 01/27/13 178.92 03/27/98 78.9 13.650 925.78
800559254 10,400.00 10,400.00 04/01/98 03/01/18 240.00 04/01/98 79.8 13.500 125.57
800561136 16,789.00 16,789.00 03/01/98 02/01/13 179.00 03/01/98 74.9 11.450 195.59
800561144 29,000.00 29,000.00 03/17/98 02/17/13 179.61 03/17/98 89.8 11.200 333.26
800565046 43,295.00 43,295.00 03/01/98 02/01/13 179.00 03/01/98 85.0 12.300 455.36
800568495 256,500.00 256,500.00 03/10/98 02/10/28 359.38 03/10/98 90.0 11.450 2,530.32
800569428 208,000.00 208,000.00 02/23/98 01/23/13 178.78 02/23/98 80.0 11.500 2,059.81
800570699 50,000.00 50,000.00 03/02/98 02/02/18 239.11 03/02/98 78.1 11.050 517.80
800570939 93,000.00 93,000.00 03/04/98 02/04/13 179.18 03/04/98 90.0 12.050 960.19
800573370 45,750.00 45,750.00 04/01/98 03/01/13 180.00 04/01/98 75.0 10.000 491.63
800575227 24,600.00 24,600.00 03/09/98 02/09/13 179.34 03/09/98 85.0 13.150 313.69
800576001 72,000.00 72,000.00 03/06/98 02/06/13 179.24 03/06/98 79.5 8.000 688.07
800577249 109,900.00 109,900.00 03/27/98 02/27/18 239.93 03/27/98 89.9 10.900 1,126.90
800578270 48,000.00 47,730.49 01/04/98 12/04/12 177.14 04/04/98 71.0 12.050 495.59
800580086 14,477.00 14,477.00 03/04/98 02/04/13 179.18 03/04/98 80.0 13.600 166.96
800580979 40,600.00 40,600.00 02/26/98 01/26/18 238.88 02/26/98 89.8 12.100 449.87
800581209 20,000.00 20,000.00 03/25/98 02/25/08 119.87 03/25/98 75.8 8.750 250.65
800583445 15,700.00 15,668.84 02/28/98 01/28/13 178.95 03/28/98 89.6 12.900 197.62
800585465 70,000.00 70,000.00 03/18/98 02/18/13 179.64 03/18/98 43.7 8.400 685.22
800586604 271,150.00 271,150.00 02/28/98 01/28/28 358.95 02/28/98 85.0 10.990 2,580.18
800589491 54,173.00 54,173.00 03/25/98 02/25/28 359.87 03/25/98 85.9 9.900 471.41
800591026 30,000.00 30,000.00 03/17/98 02/17/18 239.61 03/17/98 78.7 9.550 280.62
800591133 41,250.00 41,250.00 03/11/98 02/11/13 179.41 03/11/98 80.4 12.400 437.05
800600983 45,000.00 45,000.00 03/01/98 02/01/18 239.00 03/01/98 90.0 10.650 453.81
800601312 37,500.00 37,500.00 03/25/98 02/25/18 239.87 03/25/98 89.6 10.400 371.88
800604696 24,500.00 24,500.00 03/23/98 02/23/08 119.80 03/23/98 67.5 8.150 299.20
800610206 76,500.00 76,500.00 03/20/98 02/20/13 179.70 03/20/98 85.0 11.100 734.31
800614216 67,000.00 67,000.00 03/27/98 02/27/13 179.93 03/27/98 44.6 9.700 573.17
800615551 100,000.00 100,000.00 04/01/98 03/01/13 180.00 04/01/98 80.1 11.450 986.48
800615999 12,715.00 12,715.00 03/25/98 02/25/08 119.87 03/25/98 80.0 12.450 185.75
800623605 124,000.00 124,000.00 03/06/98 02/06/28 359.24 03/06/98 80.0 12.750 1,347.50
800626780 19,048.00 19,048.00 03/25/98 02/25/13 179.87 03/25/98 85.0 11.100 217.70
800632234 100,000.00 100,000.00 03/27/98 02/27/28 359.93 03/27/98 79.3 8.000 733.76
800632630 63,000.00 63,000.00 03/19/98 02/19/28 359.67 03/19/98 70.0 10.250 564.54
800637027 65,000.00 65,000.00 03/20/98 02/20/18 239.70 03/20/98 63.2 10.400 644.59
800639627 16,450.00 16,450.00 04/01/98 03/01/13 180.00 04/01/98 84.9 10.850 185.42
800641524 150,000.00 150,000.00 03/27/98 02/27/28 359.93 03/27/98 48.3 7.750 1,074.62
800420010 138,700.00 138,567.68 12/07/97 11/07/12 176.25 03/07/98 89.8 12.000 1,426.68
800432437 57,000.00 56,865.08 12/07/97 11/07/17 236.25 02/07/98 63.3 11.750 617.71
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 17 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800458010 FREDETTE CAROL A 15147 HIGHFIELD ROAD BROOKSVILLE FL 34609
235-02 800465122 GOODMAN FERNANDO 25820 SPRING DRIVE HAYWARD CA 94542
235-02 800469892 HARTVIGSEN LAYNE W 94 WEST 700 NORTH BOUNTIFUL UT 84010
235-02 800476244 TRUEDSSON GIL 526 RIVER ROAD BELLE MEAD NJ 08502
235-02 800477663 MCNAUGHTON DALE E RD 1 BOX 145 ELLIOTTSBUR PA 17024
235-02 800500464 CYPHERT GERALD L 68 NE 89TH COURT NEWPORT OR 97365
235-02 800500811 KEENE JAMES EDWARD 3019 ILLINOIS AVENUE BALTIMORE MD 21227
235-02 800501280 EARLEY STEPHEN 6602 FACCHINA LANE GLENNDALE MD 20769
235-02 800501637 MARTINEZ NILDA 108-23 37TH DRIVE CORONA NY 11368
235-02 800502429 BIENAIME CIRIUS 721 MIDWOOD STREET UNIONDALE NY 11553
235-02 800504037 LEGENDY THOMAS W. 1481 UNION STREET CLEARWATER FL 34615
235-02 800504581 BAIRD THOMAS K 618 NW 12TH AVE UNIT #203 PORTLAND OR 97209
235-02 800508582 MILLS JANET M 1530 LOGAN COURT NAPLES FL 34116
235-02 800509929 SAAR SCOTT RD 5 ABERDEEN ROAD MOSCOW PA 18444
235-02 800511727 ALBERT DOVIE 366 EAST 9TH STREET BROOKLYN NY 11218
235-02 800515710 BOODHOO MANGAROO 627 EAST 221 STREET BRONX NY 10467
235-02 800517336 THOMPSON STEVE G 1777 VERDE DRIVE COTTONWOOD AZ 86326
235-02 800522781 ELOI WANDA C 119 WEST ADALEE STREET TAMPA FL 33603
235-02 800528945 VALORIE RICHARD A 850 SPRING GARDEN AVENUE PITTSBURGH PA 15212
235-02 800536161 ALI MAHMUD 183 MACDONOUGH STREET BROOKLYN NY 11216
235-02 800541278 PITALE THOMAS C 449 SOUTH XANTHUS ABSECON NJ 08201
235-02 800543480 DOWNEY DEBRA 12 COLUMBUS BLVD CRANSTON RI 02910
235-02 800548331 FARQUHARSON HOWARD J JR 69 SHERIDAN CIRCLE WINCHESTER MA 01890
235-02 800549917 NOERENBERG RICHARD D 13342 70TH PLACE N MAPLE GROVE MN 55311
235-02 800551822 HILL KATHRYN J 3741 CLAY STREET DENVER CO 80211
235-02 800557381 TYNER MICHAEL 17 KETCHAMTOWN ROAD WAPPINGER F NY 12590
235-02 800558181 CLAFLIN DANIEL C 4410 TAYLOR AVENUE NE BAINBRIDGE WA 98110
235-02 800561177 SHULER PEGGY 98 EAST 52ND STREET BROOKLYN NY 11203
235-02 800564239 SMITH JAMES M. 284 V CHAPMAN ROAD LIZELLA GA 31052
235-02 800566820 ANGELO DENNIS 5166 YOUNGFIELD COURT ARVADA CO 80002
235-02 800567166 LAPERUTA DOMENICK A 1100 MIDLAND AVENUE YONKERS NY 10708
235-02 800567224 GREEN SHERRLY 335 WATERSEDGE DR ORANGEBURG SC 29115
235-02 800567463 SMITH LAWRENCE 294 GROVE STREET BROOKLYN NY 11205
235-02 800569055 BRINDLE BETTY 140-16 130TH AVENUE SOUTH OZONE NY 11436
235-02 800569519 ALSIEUX JOSEPH 704 17TH AVENUE SOUTH BELMA NJ 07719
235-02 800570111 MACKEAGE VIRGINIA BELLE 221 W CENTRAL AVENUE RAVENNA OH 44266
235-02 800572091 ENGLERT PATRICIA R 16004 FORZANDO AVENUE BROOKSVILLE FL 34609
235-02 800572364 EVERINGHAM SUSAN 10626 BAY HILLS CIRCLE THONOTOSASS FL 33592
235-02 800572414 MORROS JOHN E 8815 EAGLENEST ROAD SPARKS NV 89436
235-02 800572745 GODDARD JOHN R 110 NORTH HIGHLAND BRIGHAM CTY UT 84302
235-02 800572760 COOPER MICHAEL D 808 WEST MANSON ROAD B-301 CHELAN WA 98816
235-02 800573388 REYNOLDS EUGENE 4345 LOST PINE DRIVE TALLAHASSEE FL 32310
235-02 800574360 GRAYS MAE K 13206 CRANWOOD DR GARFIELD HT OH 44105
235-02 800574881 LORD ANDINE LISA 104-13 126TH STREET JAMAICA NY 11420
235-02 800575334 LAHR MICHAEL J 115 HOPPER STREET CLOVER SC 29710
235-02 800575367 COLE GREGORY A 9935 VIA DE ORO SPRING VALL CA 91977
235-02 800575649 SANCHEZ WILLIAM 1044 SOUTH GENEVIEVE LANE SAN JOSE CA 95128
235-02 800576605 CRENSHAW EILEEN MARIE 36421 TEAKWOOD AVENUE ZEPHYRHILLS FL 33541
235-02 800576761 VAQUERO JAVIER 338 57TH STREET BROOKLYN NY 11220
235-02 800576936 AZIZ FAYEZ 386 WOOLLEY AVENUE STATEN ISLA NY 10314
235-02 800579336 BERTIN CAROL 22349 PRISCILLA AVENUE PORT CHARLO FL 33954
235-02 800579922 GARFIELD JON WENDELL 6854 NORTH TARA ROAD FEDERALSBUR MD 21632
235-02 800580110 CINA ASAD ESIAMI 1400 GOLDMINE ROAD BROOKEVILLE MD 20833
235-02 800580425 SANTOS CARLOS M 50 MIDDLE STREET WATERBURY CT 06706
235-02 800585192 FRANCE JOHN 2800 PALM DRIVE PUNTA GORDA FL 33950
235-02 800585390 SAINSBURY PHILLIP M 3077 WEST HIALEAH ROAD SALT LAKE C UT 84119
235-02 800585986 SELBY RUTHIE MAE 5332 MESA DRIVE FAYETTEVILL NC 28303
235-02 800586513 RODRIQUEZ SAMUEL A 28 OLE MUSKET LANE DANBURY CT 06810
235-02 800587172 BRODRICK ALAN C 285 N CLAY ROAD LITITZ PA 17543
235-02 800587453 SMITH OWEN 9129 BAYVIEW PLACE BROOKLYN NY 11236
235-02 800588493 OLSEN SHARI A 2950 7TH AVENUE NORTH ST PETERSBU FL 33713
235-02 800589459 CHRISTIAN JUDITH M 9118 AYRDALE CRESCENT PHILADELPHI PA 19128
235-02 800589608 COUNCIL STACY 5844 RACE STREET PHILADELPHI PA 19139
235-02 800591638 LASPADA JOHN D 300 VALLEY DRIVE LONGWOOD FL 32779
235-02 800592172 LYNCH MARIA S 23 SOUTH 7TH AVENUE MOUNT VERNO NY 10550
235-02 800592263 HANSON DAVID G 36045 QUINLAN AVENUE CENTER CITY MN 55012
235-02 800592412 POOLE DONALD 226 228 CLEVELAND AVENUE WAYNESBORO PA 17268
235-02 800592420 POOLE DONALD 804 804 1/2 MAPLE STREET WAYNESBORO PA 17268
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800458010 40,500.00 40,468.05 02/16/98 01/16/18 238.55 03/16/98 82.6 12.200 451.60
800465122 45,000.00 44,989.82 02/01/98 01/01/13 178.00 03/01/98 83.6 13.050 499.55
800469892 11,000.00 10,958.79 01/01/98 12/01/12 177.00 03/01/98 89.4 12.750 137.37
800476244 76,500.00 76,478.59 01/24/98 12/24/12 177.80 02/24/98 88.3 12.100 792.78
800477663 20,006.00 19,923.04 02/06/98 01/06/08 118.22 03/06/98 85.0 12.800 296.36
800500464 131,100.00 131,100.00 04/01/98 03/01/13 180.00 04/01/98 89.9 11.300 1,278.30
800500811 33,000.00 32,967.09 02/01/98 01/01/18 238.00 03/01/98 89.3 12.100 365.66
800501280 40,000.00 39,927.16 02/14/98 01/14/13 178.49 03/14/98 84.8 12.800 500.84
800501637 29,000.00 29,000.00 03/04/98 02/04/13 179.18 03/04/98 85.0 12.000 348.05
800502429 16,600.00 16,600.00 03/18/98 02/18/13 179.64 03/18/98 89.4 11.350 192.34
800504037 13,800.00 13,725.85 01/09/98 12/09/12 177.30 02/09/98 79.9 13.300 177.34
800504581 60,000.00 59,972.30 02/01/98 01/01/13 178.00 03/01/98 36.3 9.800 517.70
800508582 39,500.00 39,500.00 03/25/98 02/25/08 119.87 03/25/98 72.4 11.000 544.11
800509929 33,000.00 33,000.00 03/27/98 02/27/13 179.93 03/27/98 75.0 12.500 406.73
800511727 233,100.00 233,100.00 02/15/98 01/15/13 178.52 02/15/98 90.0 11.600 2,326.17
800515710 130,000.00 130,000.00 03/19/98 02/19/13 179.67 03/19/98 68.4 11.500 1,287.38
800517336 11,767.00 11,767.00 04/01/98 03/01/13 180.00 04/01/98 90.0 10.400 129.34
800522781 30,000.00 30,000.00 03/25/98 02/25/13 179.87 03/25/98 75.0 8.250 291.04
800528945 21,775.00 21,775.00 03/23/98 02/23/13 179.80 03/23/98 65.0 13.240 278.95
800536161 28,900.00 28,900.00 04/02/98 03/02/13 180.03 04/02/98 89.9 11.250 280.69
800541278 28,100.00 28,045.07 02/22/98 01/22/13 178.75 03/22/98 80.9 12.250 341.78
800543480 19,000.00 19,000.00 02/26/98 01/26/13 178.88 02/26/98 85.0 12.750 237.28
800548331 53,000.00 53,000.00 02/22/98 01/22/13 178.75 02/22/98 54.2 12.150 641.22
800549917 17,530.00 17,530.00 04/01/98 03/01/13 180.00 04/01/98 79.0 9.300 180.94
800551822 38,600.00 38,600.00 04/01/98 03/01/18 240.00 04/01/98 79.9 12.500 438.55
800557381 37,500.00 37,500.00 04/02/98 03/02/13 180.03 04/02/98 78.8 10.800 421.53
800558181 30,000.00 30,000.00 04/01/98 03/01/13 180.00 04/01/98 79.7 11.350 347.60
800561177 238,500.00 238,500.00 03/10/98 02/10/13 179.38 03/10/98 90.0 11.050 2,280.31
800564239 50,400.00 50,400.00 03/19/98 02/19/18 239.67 03/19/98 90.0 12.100 558.46
800566820 75,520.00 75,520.00 03/01/98 02/01/13 179.00 03/01/98 84.9 12.650 938.18
800567166 77,400.00 77,400.00 03/01/98 02/01/13 179.00 03/01/98 87.7 10.850 872.45
800567224 69,720.00 69,720.00 03/25/98 02/25/18 239.87 03/25/98 83.0 9.900 668.20
800567463 181,800.00 181,800.00 03/05/98 02/05/13 179.21 03/05/98 90.0 11.950 1,863.02
800569055 166,500.00 166,500.00 03/01/98 02/01/13 179.00 03/01/98 90.0 11.150 1,604.52
800569519 39,800.00 39,800.00 03/09/98 02/09/13 179.34 03/09/98 84.4 10.450 438.72
800570111 31,000.00 30,945.00 03/25/98 02/25/13 179.87 05/25/98 67.3 7.900 225.31
800572091 58,500.00 58,500.00 04/01/98 03/01/18 240.00 04/01/98 90.0 10.900 599.85
800572364 51,000.00 51,000.00 03/25/98 02/25/18 239.87 03/25/98 85.0 9.150 463.79
800572414 99,085.00 99,085.00 04/01/98 03/01/13 180.00 04/01/98 84.9 12.000 1,189.19
800572745 118,700.00 118,700.00 04/01/98 03/01/13 180.00 04/01/98 84.7 11.100 1,139.39
800572760 89,962.00 89,962.00 04/01/98 03/01/28 360.00 04/01/98 75.0 11.000 856.73
800573388 41,650.00 41,650.00 03/25/98 02/25/18 239.87 03/25/98 85.0 9.900 399.18
800574360 76,500.00 76,500.00 03/25/98 02/25/13 179.87 03/25/98 85.0 11.850 778.07
800574881 160,800.00 160,800.00 03/13/98 02/13/13 179.47 03/13/98 80.0 11.000 1,531.34
800575334 26,000.00 26,000.00 03/20/98 02/20/13 179.70 03/20/98 80.0 12.550 321.30
800575367 36,300.00 36,280.03 01/01/98 12/01/12 177.00 03/01/98 77.0 12.200 378.98
800575649 125,100.00 125,100.00 04/01/98 03/01/18 240.00 04/01/98 84.9 10.600 1,257.39
800576605 39,000.00 39,000.00 03/24/98 02/24/13 179.84 03/24/98 65.0 9.950 417.90
800576761 168,000.00 168,000.00 03/02/98 02/02/13 179.11 03/02/98 80.0 9.950 1,468.12
800576936 106,000.00 105,762.49 02/22/98 01/22/13 178.75 03/22/98 89.5 10.800 1,191.51
800579336 49,150.00 49,150.00 03/09/98 02/09/18 239.34 03/09/98 84.9 11.100 510.67
800579922 53,900.00 53,900.00 03/20/98 02/20/13 179.70 03/20/98 70.0 13.200 689.08
800580110 150,000.00 150,000.00 04/01/98 03/01/18 240.00 04/01/98 89.7 11.200 1,568.75
800580425 28,100.00 28,100.00 03/03/98 02/03/18 239.15 03/03/98 84.8 12.100 311.37
800585192 23,000.00 23,000.00 03/23/98 02/23/13 179.80 03/23/98 60.4 10.400 252.82
800585390 23,011.00 23,011.00 03/11/98 02/11/13 179.41 03/11/98 89.3 12.100 277.65
800585986 45,740.00 45,740.00 03/25/98 02/25/18 239.87 03/25/98 74.9 8.150 386.87
800586513 28,000.00 28,000.00 03/19/98 02/19/13 179.67 03/19/98 85.0 12.050 336.95
800587172 25,000.00 25,000.00 04/02/98 03/02/13 180.03 04/02/98 73.5 10.350 274.03
800587453 170,000.00 170,000.00 03/28/98 02/28/28 359.97 03/28/98 85.0 10.750 1,586.92
800588493 60,535.00 60,535.00 04/01/98 03/01/13 180.00 04/01/98 85.0 11.350 592.55
800589459 37,150.00 37,150.00 03/25/98 02/25/13 179.87 03/25/98 84.2 11.500 433.98
800589608 19,600.00 19,600.00 04/03/98 03/03/13 180.07 04/03/98 70.0 11.200 225.24
800591638 39,000.00 39,000.00 04/01/98 03/01/18 240.00 04/01/98 70.4 11.250 409.21
800592172 196,000.00 196,000.00 02/28/98 01/28/13 178.95 02/28/98 80.0 9.950 1,712.80
800592263 161,500.00 161,500.00 03/23/98 02/23/13 179.80 03/23/98 85.0 8.150 1,201.96
800592412 59,600.00 59,600.00 03/23/98 02/23/28 359.80 03/23/98 80.0 9.900 518.63
800592420 65,600.00 65,600.00 03/23/98 02/23/28 359.80 03/23/98 80.0 9.900 570.85
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 18 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800592446 POOLE DONALD 137 139 SOUTH CHURCH ST WAYNESBORO PA 17268
235-02 800594442 GILSON KENT L 928 EAST ROCKY MOUTH LANE DRAPER UT 84020
235-02 800596660 CALLOWAY CAROLYN 2168 TOWLES STREET FT MYERS FL 33916
235-02 800596777 VANDERLINDEN GARY 322 LINDSKOOG ROAD ALCOVE NY 12007
235-02 800598161 GUTLEBEN ALICE K 2073 NORRIS ROAD WALNUT CREE CA 94596
235-02 800598724 VAN HOUT BRUCE J 2252 VIGILANTE AVENUE BAILEY CO 80421
235-02 800599912 YATES KAREN E 150 BYRD ROAD PONCE DE LE FL 32455
235-02 800600389 LUQUES LUIS M 5331 BAY LEAF DRIVE FAYETTEVILL NC 28304
235-02 800601684 VANWART DAVID P 23 SOUNDCREST DRIVE SHELTON CT 06484
235-02 800602179 GHARAPETIAN HILDIK A 1467 NESBIT COURT SAN JOSE CA 95120
235-02 800602294 AXBOM GARY S 6122 SOUTH CEDAR STREET MURRAY UT 84107
235-02 800604993 SHARP JILL A 11932 86TH AVENUE NORTH SEMINOLE FL 33772
235-02 800605115 LAMORGESE RONALD T JR 44 HERBERT TERRACE WEST ORANGE NJ 07052
235-02 800606428 RECUPIDO LOUISE R 7693 EATON COURT NORTH ST PETERSBU FL 33709
235-02 800607277 KREBS KARL 3420 DORADO WAY NAPLES FL 34105
235-02 800607319 KENDRICK MILDRED 12243 SOUTH STATE CHICAGO IL 60628
235-02 800607418 JETTON GARY D 1041 WEST 200 NORTH WEST BOUNTI UT 84087
235-02 800607442 CARR ETHEL M. 880 BRISSON ROAD SAINT PAULS NC 28384
235-02 800607772 FAYSON TOM 6121 NORTHEAST 59TH STREET GAINESILLE FL 32609
235-02 800608010 ROZZI THOMAS 12 COUNTRY CLUB DRIVE SOUTHAMPTON NY 11968
235-02 800608093 MORRA ERNEST A 19 NORTH BROOK AVENUE BASKING RID NJ 07920
235-02 800608598 ANDERSON GENE PAUL 1 EDWARD MILL RD BALLGROUND GA 30107
235-02 800609588 BOWDEN MARGIE D 5410 REESE ROAD TORRANCE CA 90505
235-02 800609927 YOUNG LEWIS A 18767 49TH STREET NORTH LOXAHATCHEE FL 33470
235-02 800610529 SUCATO MICHAEL A 310 SOUTHEAST FISK ROAD PORT SAINT FL 34984
235-02 800610917 CALANDRA PENNY L HC 1 BOX 4741 ALBRIGHTVIL PA 18210
235-02 800611915 CROSS ALAN D. 11586 N KELLY RAE PLACE TUCSON AZ 85737
235-02 800612210 SKONE CHRISTOPHE RICHARD 9653 SUPERIOR COURT MOSES LAKE WA 98837
235-02 800612665 KITCHEN JACK D. 500 DARWIN PINCKNEY MI 48169
235-02 800612830 ETCHBERGER DAVID M 41 N 1ST STREET SHARTLESVIL PA 19554
235-02 800613069 BEZANSON RODNEY A 15783 CANDLE DRIVE FT MYERS FL 33908
235-02 800613754 MEDINA OSCAR 2509 SOUTHWEST 1ST STREET CAPE CORAL FL 33991
235-02 800615825 SMITH GLENDA JOHNSON 214 KRIDER ROAD SANFORD FL 32773
235-02 800615940 JOHNSON MICHAEL K. 8721 FLICKER ROAD TALLAHASSEE FL 32310
235-02 800616203 GAINES DOUGLAS 476 RED OAK DRIVE STOKESDALE NC 27357
235-02 800616419 MACFARLANE CLAUDIA L 6964 20TH STREET NORTH ST PETERSBU FL 33702
235-02 800616468 COCHRAN DAVID H 1910 SOUTH KISSENGEN AVE BARTOW FL 33830
235-02 800616856 BARRON PATRICIA S 2196 LAMAR STREET EDGEWATER CO 80214
235-02 800617185 KNIGHT CATHY 7 SIKA DEER DRIVE TALLAHASSEE FL 32304
235-02 800617425 WALDERZAK PETER A 1218 RIVERSIDE DRIVE HURON OH 44839
235-02 800620320 BARRIOS WILLIAM P 83 NICHOLS AVENUE BROOKLYN NY 11208
235-02 800621021 ORINGER MARC 1661 EAST 92ND STREET BROOKLYN NY 11236
235-02 800621047 ORINGER MARC 10542 FLATLANDS 5TH STREET BROOKLYN NY 11236
235-02 800621641 LOSALO THOMAS 1633 LARKIN ROAD SPRING HILL FL 34608
235-02 800622334 LATOURETTE GEORGE 91 LINCOLN AVENUE COLONIE NY 12205
235-02 800622532 MCCARTY LARRY 3657 NORTH NAVAJO DRIVE PRESCOTT VA AZ 86314
235-02 800623894 BLACK LOIS T. 19 WEST STEELE STREET ORLANDO FL 32804
235-02 800623951 BALLESTER RAUL 1870 SOUTHWEST 36TH TERRAC FT LAUDERDA FL 33312
235-02 800624439 MASON RONALD L 2428 ROSEMARY TERRACE TALLAHASSEE FL 32303
235-02 800625808 JOHNSON PHILIP R 15341 SOUTHEAST 80TH AVE SUMMERFIELD FL 34491
235-02 800628109 ONTIS TODD A. 1729 CHANDLER KALAMAZOO MI 49004
235-02 800628828 NELSON JOSEPH C 6628 SOUTH JACKSON COURT LITTLETON CO 80121
235-02 800629248 FLYNN DAVID RTE 1 BOX 3570 HIGHWAY 27 FORT WHITE FL 32038
235-02 800629909 COX JEFFREY L 853 KIEHL DRIVE LEMOYNE PA 17043
235-02 800631384 JU YOUNG K 67 PINEBROOK ROAD MONSEY NY 10952
235-02 800632267 GRAY DOROTHY 8312 SOUTH LUELLA CHICAGO IL 60617
235-02 800632341 DOAN CHARLES E. 2107 CORAL POINT DRIVE CAPE CORAL FL 33990
235-02 800632507 AHLQUIST JOHN T. 8218 FORTUNE HUNTER DRIVE BROOKSVILLE FL 34613
235-02 800632606 FAUSTINI ROCCO 87 PALM HARBOR DRIVE NORTH PORT FL 34287
235-02 800632994 SHOOP KIMBER L 12296 POWHATAN TRAIL CONIFER CO 80433
235-02 800634073 JACKSON LOUIS S 100 PASTURE RD GASTON SC 29053
235-02 800634446 NICHOLS KENNETH E 440 14TH AVENUE NORTHWEST NAPLES FL 34120
235-02 800634610 GIGGEY LARRY E JR 3748 MATEO PLACE ORANGE PARK FL 32065
235-02 800635351 TYSON DEWAYNE ALLEN 319 NORTHEAST COUNTY ROAD LAWTEY FL 32058
235-02 800636300 VANHALL RONALD J 438 BENSON STREET VALRICO FL 33594
235-02 800637449 SHERMAN LYNN M 92 EAST STREET STAFFORD CT 06076
235-02 800637464 CHARNIAK PAULA 7909 86TH WAY SEMINOLE FL 33777
235-02 800637712 RYMANOWSKI DANIEL J 11730 SHIPWATCH DRIVE #407 LARGO FL 33774
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800592446 68,000.00 68,000.00 03/23/98 02/23/28 359.80 03/23/98 80.0 9.900 591.73
800594442 54,000.00 54,000.00 05/01/98 04/01/13 181.00 05/01/98 89.5 10.500 596.92
800596660 39,000.00 39,000.00 04/01/98 03/01/13 180.00 04/01/98 58.2 11.400 383.24
800596777 34,000.00 34,000.00 04/04/98 03/04/18 240.10 04/04/98 84.6 11.100 353.26
800598161 56,000.00 56,000.00 04/01/98 03/01/13 180.00 04/01/98 68.5 12.000 576.02
800598724 38,000.00 38,000.00 04/01/98 03/01/13 180.00 04/01/98 84.9 10.350 416.52
800599912 37,600.00 37,600.00 04/01/98 03/01/18 240.00 04/01/98 80.0 9.000 338.30
800600389 25,000.00 25,000.00 03/27/98 02/27/13 179.93 03/27/98 84.8 10.400 274.80
800601684 35,000.00 35,000.00 03/02/98 02/02/13 179.11 03/02/98 89.4 10.150 379.33
800602179 117,376.00 117,376.00 04/01/98 03/01/13 180.00 04/01/98 84.9 10.900 1,108.94
800602294 62,311.00 62,311.00 03/04/98 02/04/13 179.18 03/04/98 83.6 12.100 751.85
800604993 19,075.00 19,075.00 04/01/98 03/01/18 240.00 04/01/98 79.9 11.490 203.29
800605115 25,000.00 25,000.00 03/23/98 02/23/13 179.80 03/23/98 84.9 12.400 306.51
800606428 25,000.00 25,000.00 04/01/98 03/01/28 360.00 04/01/98 28.7 7.500 174.80
800607277 64,000.00 64,000.00 04/02/98 03/02/28 360.03 04/02/98 59.2 8.750 503.49
800607319 52,200.00 52,200.00 03/28/98 02/28/28 359.97 03/28/98 90.0 10.650 483.36
800607418 53,570.00 53,570.00 02/28/98 01/28/13 178.95 02/28/98 80.0 15.450 766.34
800607442 64,600.00 64,600.00 04/03/98 03/03/18 240.07 04/03/98 85.0 11.990 710.85
800607772 37,800.00 37,800.00 03/27/98 02/27/13 179.93 03/27/98 90.0 11.150 433.20
800608010 49,000.00 49,000.00 03/19/98 02/19/13 179.67 03/19/98 84.1 11.350 479.64
800608093 244,000.00 244,000.00 04/02/98 03/02/28 360.03 04/02/98 85.3 10.600 2,250.23
800608598 72,250.00 72,250.00 03/01/98 02/01/18 239.00 03/01/98 85.0 12.300 810.70
800609588 40,000.00 40,000.00 04/01/98 03/01/13 180.00 04/01/98 56.1 10.100 353.99
800609927 31,200.00 31,200.00 04/01/98 03/01/13 180.00 04/01/98 84.9 10.850 351.68
800610529 35,250.00 35,105.47 01/01/98 12/01/12 177.00 03/01/98 89.9 11.800 418.53
800610917 29,500.00 29,500.00 04/02/98 03/02/13 180.03 04/02/98 89.5 10.150 262.16
800611915 191,250.00 191,250.00 04/01/98 03/01/28 360.00 04/01/98 85.0 11.350 1,872.07
800612210 160,000.00 160,000.00 04/01/98 03/01/13 180.00 04/01/98 60.3 7.900 1,162.89
800612665 68,000.00 68,000.00 03/23/98 02/23/13 179.80 03/23/98 54.4 8.900 542.26
800612830 77,400.00 77,400.00 03/06/98 02/06/13 179.24 03/06/98 90.0 9.500 650.82
800613069 59,100.00 59,100.00 03/24/98 02/24/18 239.84 03/24/98 79.9 11.650 636.38
800613754 17,250.00 17,250.00 04/02/98 03/02/08 120.03 04/02/98 70.6 9.650 224.63
800615825 35,312.00 35,312.00 03/12/98 02/12/18 239.44 03/12/98 84.5 12.500 401.20
800615940 42,500.00 42,500.00 04/01/98 03/01/18 240.00 04/01/98 85.0 9.400 393.38
800616203 81,600.00 81,600.00 04/02/98 03/02/18 240.03 04/02/98 80.0 10.150 795.58
800616419 76,500.00 76,500.00 03/25/98 02/25/28 359.87 03/25/98 85.0 8.150 569.35
800616468 27,155.00 27,155.00 04/01/98 03/01/18 240.00 04/01/98 79.9 10.850 277.52
800616856 80,500.00 80,500.00 05/01/98 04/01/13 181.00 05/01/98 84.9 10.850 757.51
800617185 44,100.00 44,100.00 04/01/98 03/01/13 180.00 04/01/98 90.0 9.750 467.18
800617425 118,700.00 118,700.00 04/01/98 03/01/13 180.00 04/01/98 69.6 10.100 1,282.83
800620320 42,500.00 42,500.00 04/02/98 03/02/13 180.03 04/02/98 88.7 10.900 480.39
800621021 73,500.00 73,500.00 03/01/98 02/01/13 179.00 03/01/98 70.0 11.000 699.96
800621047 129,500.00 129,500.00 03/01/98 02/01/13 179.00 03/01/98 70.0 9.500 1,088.91
800621641 12,200.00 12,200.00 04/01/98 03/01/13 180.00 04/01/98 85.0 11.600 143.30
800622334 45,000.00 45,000.00 04/04/98 03/04/18 240.10 04/04/98 86.0 10.000 434.26
800622532 13,000.00 13,000.00 04/01/98 03/01/13 180.00 04/01/98 78.4 12.600 161.07
800623894 52,458.00 52,458.00 04/01/98 03/01/28 360.00 04/01/98 68.5 7.500 366.79
800623951 15,800.00 15,800.00 04/03/98 03/03/13 180.07 04/03/98 79.7 11.150 181.07
800624439 20,150.00 20,150.00 04/01/98 03/01/18 240.00 04/01/98 89.9 10.650 203.21
800625808 47,700.00 47,700.00 03/24/98 02/24/18 239.84 03/24/98 88.3 10.650 481.04
800628109 58,400.00 58,400.00 03/25/98 02/25/13 179.87 03/25/98 80.0 7.750 418.38
800628828 59,525.00 59,525.00 05/01/98 04/01/13 181.00 05/01/98 89.9 9.900 517.98
800629248 60,000.00 60,000.00 04/01/98 03/01/13 180.00 04/01/98 64.8 10.200 652.12
800629909 184,000.00 184,000.00 03/27/98 02/27/13 179.93 03/27/98 77.8 11.100 1,766.19
800631384 40,000.00 40,000.00 04/02/98 03/02/18 240.03 04/02/98 84.8 9.900 383.36
800632267 25,000.00 25,000.00 03/24/98 02/24/13 179.84 03/24/98 27.4 8.000 238.91
800632341 12,700.00 12,700.00 04/02/98 03/02/13 180.03 04/02/98 58.0 9.400 105.86
800632507 41,250.00 41,250.00 04/03/98 03/03/18 240.07 04/03/98 72.3 9.150 375.13
800632606 57,800.00 57,800.00 04/01/98 03/01/18 240.00 04/01/98 79.1 8.900 516.33
800632994 106,586.00 106,586.00 04/01/98 03/01/13 180.00 04/01/98 84.9 11.600 1,063.65
800634073 59,400.00 59,400.00 03/24/98 02/24/18 239.84 03/24/98 90.0 10.900 609.08
800634446 104,000.00 104,000.00 04/02/98 03/02/28 360.03 04/02/98 80.0 7.550 730.75
800634610 19,800.00 19,800.00 04/01/98 03/01/18 240.00 04/01/98 84.9 10.750 201.02
800635351 48,450.00 48,450.00 04/02/98 03/02/18 240.03 04/02/98 85.0 8.400 417.40
800636300 84,800.00 84,800.00 04/01/98 03/01/28 360.00 04/01/98 80.0 8.600 658.06
800637449 24,000.00 24,000.00 03/19/98 02/19/13 179.67 03/19/98 87.6 11.300 234.01
800637464 52,000.00 52,000.00 04/01/98 03/01/28 360.00 04/01/98 80.0 8.150 387.01
800637712 73,600.00 73,600.00 04/01/98 03/01/28 360.00 04/01/98 80.0 8.500 565.92
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 19 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 800637852 CARVALHO GLEN A 15035 COPELAND WAY SPRING HILL FL 34609
235-02 800638090 EVANS RONALD B 1361 WEST 24TH STREET JACKSONVILL FL 32209
235-02 800638215 VOIGT RICHARD E. 1190 FAIRWAY DRIVE DUNEDIN FL 34698
235-02 800641508 PHOTIOU KYRIACOS 1738 GREAT FALLS STREET MCLEAN VA 22101
235-02 800641821 RENZELMAN TERRY L 2673 SOUTH CARSON WAY AURORA CO 80014
235-02 800644478 LEE TERRI LYNN 510 LAKE CRYSTAL DRIVE WAYNESBORO GA 30830
235-02 800644551 BRENDLE DALE L 5793 6TH STREET SOUTH ST PETERSBU FL 33705
235-02 800646382 FRIEDMAN TERRI 433 OCEAN VIEW AVENUE KENSINGTON CA 94707
235-02 800646457 FORRESTER DRUCELIA W 1645 BETTIS TRIBBLE GAP RO CUMMING GA 30130
235-02 800646499 FONTENOT JAN 10706 OVERBROOK HOUSTON TX 77042
235-02 800646507 DAVIS JOSEPH S. 7552 STRATO ROAD JACKSONVILL FL 32210
235-02 800646663 ARMSTRONG DONALD SCOTT 1975 HARDING STREET CLEARWATER FL 33765
235-02 800648933 EGGERT WILLIAM G 9545 122ND WAY NORTH SEMINOLE FL 33772
235-02 800650400 CLEVENGER DONNA M 4045 83RD STREET NORTH ST PETERSBU FL 33709
235-02 800650459 JAMES CHARLES 2025 WALKER LANE SALT LAKE C UT 84117
235-02 800650558 HATCHER JOHN C 2659 HIGHWAY 69 GRAND RIDGE FL 32442
235-02 800650772 HOLDMAN JULIE 318 SUNSHINE DRIVE LAKE WALES FL 33853
235-02 800656902 AIRD ENID T. 1060 WALT WILLIAMS ROAD LAKELAND FL 33809
235-02 800657025 KELLY CHARLES S 42 MOSELEY STREET DORCHESTER MA 02125
235-02 800657512 KIMBROUGH CAROL A. 1018 EAST 159TH PLACE SOUTH HOLLA IL 60473
235-02 800658031 PARKER THEODORE 44585 TELEGRAPH ROAD ELYRIA OH 44035
235-02 800658395 CURCI NANCI 11417 SCARLET OAK DRIVE OAKDALE CA 95361
235-02 800660375 SCOTT STACY L 6391 SOUTH LEWISPORT DRIVE WEST JORDAN UT 84084
235-02 800673394 CISNEROS MICHAEL A 1241 ELM DRIVE BERTHOUD CO 80513
235-02 661616219 MASON LINDA L 19 & 21 E HUDSON DAYTON OH 45405
235-02 661622258 WILLIAMS HERBERT 7667 PARK MEADOW LANE WEST BLOOMF MI 48322
235-02 661623009 HYDEN ROBERT L 405 EAST 7TH STREET SHERIDAN IN 46069
235-02 661623579 FULTON EDWARD J 25731 GLIDDEN ROAD CLARE IL 60111
235-02 661624049 SPENCER BRUCE E 908 WEST JEFFERSON STREET FRANKFORT IN 46041
235-02 661625343 HOLLIDAY KATHLEEN A 5507 AUBREY TERRACE DOWNERS GRO IL 60516
235-02 661626093 LUCH DAVID P 811 FAIRVIEW LAKE ORION MI 48362
235-02 661626424 COLTER JANETTE 1344 NORTH LOREL STREET CHICAGO IL 60651
235-02 661626945 ROGERS JOAN F 423 W 154TH PL CALUMET CIT IL 60409
235-02 661626986 WEINREBE LEE HARVEY 26 WARREN AVE MILTON MA 02186
235-02 661627927 DEAN KAREN K 5801 NORTH WASHINGTON BLVD INDIANAPOLI IN 46220
235-02 661629873 ANGUIANO BENJAMIN 2513 CARMEL ZION IL 60099
235-02 661630343 GJELAJ NIKOLL 13188 FLORENTINE DR SHELBY MI 48315
235-02 661631259 TRYGGESETH STEVEN A 100 GIBSON COURT BUFFALO MN 55313
235-02 661632273 HIMES DOROTHEA M 11306 LAKE ROAD MILLERSPORT OH 43046
235-02 661587451 TAYLOR JOE 3618 W FRANKLIN BLVD CHICAGO IL 60624
235-02 661613505 CECCARELLI ANTHONY P 2301 E GLENDALE BLVD VALPARAISO IN 46383
235-02 661616839 MILLER STEVEN B 4424 W 142ND ST CRESTWOOD IL 60445
235-02 661617373 GRONKE KEITH C 3N250 CUYAHOGA W CHICAGO IL 60185
235-02 661619163 JOHNSON MELISSA LEANN 82651 HIGHWAY 9 ASHLAND AL 36251
235-02 661623173 LOGAN ROBERT W 301 N SCHILLER ST PALATINE IL 60067
235-02 661630061 ABERNATHY RICHARD L 6842 S NORMAL AVE CHICAGO IL 60621
235-02 661631010 NEBRIL MARCELLINO B 5534 N SPAULDING CHICAGO IL 60625
235-02 661348755 CHIN GEORGE DER 8617 UNDERMIRE COURT BOWIE MD 20720
235-02 661457440 WOMACK MAX G 2659 NEHALEM STREET SOUTH SALEM OR 97306
235-02 661493759 KING KATHLYN 5517 SOUTH 12TH WAY PHOENIX AZ 85040
235-02 661573238 BOVELL GOLA S 145-50 FERNDALE AVENUE SOUTH OZONE NY 11435
235-02 661623793 DEVALERIO JEFF 127 KIHADE TRAIL MEDFORD LAK NJ 08055
235-02 661628271 TOWNSEND JOHN 16936 BRIARGATE DRIVE COUNTRY CLU IL 60478
235-02 661632364 QUIGLEY PAULA K 119 SOUTH SCHOOL STREET BRAIDWOOD IL 60480
235-02 661632547 WATTS HELEN L 3039 VAN AKEN BOULEVARD SHAKER HEIG OH 44120
235-02 661633529 KRUMM ROY W 840 BELOIT FOREST PARK IL 60130
235-02 661634006 WATTS ERVIN A 5627 S MARYLAND CHICAGO IL 60637
235-02 661623280 DECAMP MARK GREGORY 15256 GARNET STREET NW RAMSEY MN 55303
235-02 661626523 GRIFFIN KATHRYN R 204 CAPITAN HWY 246 CAPITAN NM 88316
235-02 661634782 BLISS GEORGE S 522 N ADDISON ROAD VILLA PARK IL 60181
235-02 661635524 GRILETZ KLAUS 311 WOODSTONE CIRCLE BUFFALO GRO IL 60089
235-02 661528653 BUSHWICK HEL PING HANDS 964 RUTLAND ROAD & BROOKLYN NY 11212
235-02 661551218 COGGINS ROY E 650 ALLEN STREET & BUFORD GA 30518
235-02 661572164 ANTHONY LOUIS JOSEPH 163-165 MAIN STREET MONROE CT 6468
235-02 661588723 SOTO DIEGO 657 EAST 21ST STREET BROOKLYN NY 11226
235-02 661591768 500K REALTY TRUST 610-616 UNION ST:391-393 S MANCHESTER NH 3103
235-02 661595637 CASEY DANIEL 314 NICHOLS ST&406 KOSSUTH UTICA NY 13503
235-02 661597336 NAGEL BETTY 13102 SOUTH WESTERN AVENUE BLUE ISLAND IL 60406
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800637852 45,000.00 45,000.00 04/01/98 03/01/13 180.00 04/01/98 80.4 8.500 443.13
800638090 36,000.00 36,000.00 04/01/98 03/01/13 180.00 04/01/98 80.0 8.900 363.00
800638215 55,900.00 55,900.00 04/01/98 03/01/13 180.00 04/01/98 65.7 6.950 500.88
800641508 75,000.00 75,000.00 04/02/98 03/02/13 180.03 04/02/98 80.0 12.200 783.02
800641821 38,000.00 38,000.00 05/01/98 04/01/13 181.00 05/01/98 89.8 10.900 359.01
800644478 35,000.00 35,000.00 04/03/98 03/03/18 240.07 04/03/98 58.3 9.900 335.44
800644551 56,000.00 56,000.00 04/01/98 03/01/28 360.00 04/01/98 77.7 7.750 401.19
800646382 35,000.00 35,000.00 05/01/98 04/01/13 181.00 05/01/98 69.3 11.600 349.27
800646457 15,250.00 15,250.00 03/25/98 02/25/13 179.87 03/25/98 79.9 11.600 179.12
800646499 74,750.00 74,750.00 04/01/98 03/01/13 180.00 04/01/98 65.0 8.750 747.09
800646507 51,200.00 51,200.00 04/01/98 03/01/13 180.00 04/01/98 80.0 8.250 496.71
800646663 83,300.00 83,300.00 04/02/98 03/02/13 180.03 04/02/98 85.0 8.650 649.38
800648933 24,000.00 24,000.00 04/01/98 03/01/13 180.00 04/01/98 16.1 7.500 222.48
800650400 10,801.00 10,801.00 03/25/98 02/25/13 179.87 03/25/98 85.0 10.250 117.73
800650459 110,000.00 110,000.00 05/01/98 04/01/13 181.00 05/01/98 76.0 11.950 1,127.24
800650558 10,500.00 10,500.00 03/25/98 02/25/18 239.87 03/25/98 90.0 9.750 99.59
800650772 65,875.00 65,875.00 04/01/98 03/01/28 360.00 04/01/98 85.0 8.650 513.54
800656902 31,800.00 31,800.00 04/01/98 03/01/13 180.00 04/01/98 37.4 7.750 299.33
800657025 101,750.00 101,750.00 03/25/98 02/25/28 359.87 03/25/98 55.0 13.840 1,192.73
800657512 16,900.00 16,900.00 03/25/98 02/25/13 179.87 03/25/98 74.9 11.000 160.94
800658031 117,400.00 117,400.00 04/02/98 03/02/13 180.03 04/02/98 66.7 7.650 1,098.34
800658395 75,000.00 75,000.00 04/01/98 03/01/13 180.00 04/01/98 79.9 12.500 924.39
800660375 25,000.00 25,000.00 05/01/98 04/01/13 181.00 05/01/98 62.0 10.100 221.24
800673394 13,300.00 13,293.24 01/01/98 12/01/12 177.00 03/01/98 84.9 12.550 142.46
661616219 57,600.00 57,600.00 03/13/98 02/13/13 179.47 03/13/98 78.3 8.500 442.89
661622258 298,300.00 298,300.00 03/01/98 02/01/28 359.00 03/01/98 89.5 11.050 2,852.06
661623009 17,700.00 17,700.00 03/19/98 02/19/13 179.67 03/19/98 57.2 13.100 225.11
661623579 123,200.00 122,941.76 03/01/98 02/01/28 359.00 04/01/98 84.9 8.420 940.33
661624049 10,000.00 10,000.00 03/11/98 02/11/13 179.41 03/11/98 85.5 12.500 123.25
661625343 29,500.00 29,500.00 03/01/98 02/01/18 239.00 03/01/98 84.8 12.150 327.91
661626093 350,000.00 350,000.00 03/16/98 02/16/28 359.57 03/16/98 74.3 9.850 3,032.78
661626424 70,000.00 70,000.00 03/05/98 02/05/18 239.21 03/05/98 56.0 9.700 661.66
661626945 23,500.00 23,500.00 03/11/98 02/11/18 239.41 03/11/98 75.0 12.150 261.22
661626986 130,000.00 130,000.00 03/17/98 02/17/18 239.61 03/17/98 65.0 9.650 1,224.53
661627927 137,000.00 137,000.00 04/01/98 03/01/13 180.00 04/01/98 66.8 8.900 1,092.49
661629873 128,000.00 128,000.00 03/01/98 02/01/18 239.00 03/01/98 77.5 8.600 1,118.93
661630343 48,000.00 48,000.00 03/09/98 02/09/18 239.34 03/09/98 78.0 9.800 456.87
661631259 400,000.00 400,000.00 03/17/98 02/17/13 179.61 03/17/98 80.0 8.650 3,118.28
661632273 270,000.00 270,000.00 03/04/98 02/04/13 179.18 03/04/98 90.0 10.300 2,429.51
661587451 50,000.00 49,870.84 12/19/97 11/19/17 236.65 02/19/98 83.3 10.050 484.17
661613505 35,000.00 34,903.00 02/21/98 01/21/18 238.72 04/21/98 63.8 11.400 370.84
661616839 24,000.00 23,897.56 01/22/98 12/22/12 177.73 03/22/98 79.9 10.550 266.04
661617373 30,000.00 29,919.34 02/01/98 01/01/18 238.00 04/01/98 70.3 11.750 325.11
661619163 17,000.00 16,923.41 03/11/98 02/11/13 179.41 05/11/98 83.4 12.400 208.42
661623173 25,500.00 25,370.04 02/19/98 01/19/13 178.65 04/19/98 79.8 10.650 284.25
661630061 56,600.00 56,441.20 03/01/98 02/01/18 239.00 05/01/98 80.8 11.300 595.82
661631010 48,400.00 48,341.84 03/17/98 02/17/28 359.61 05/17/98 84.9 11.800 490.41
661348755 47,500.00 46,351.92 01/17/97 12/17/11 165.57 03/17/98 85.0 12.700 591.64
661457440 36,100.00 35,430.77 06/07/97 05/07/12 170.20 05/07/98 70.3 13.300 407.82
661493759 14,700.00 14,669.40 07/20/97 06/20/12 171.65 02/20/98 75.0 13.000 162.61
661573238 74,300.00 74,300.00 12/21/97 11/21/17 236.71 02/21/98 74.1 11.780 806.74
661623793 22,000.00 22,000.00 03/18/98 02/18/13 179.64 03/18/98 88.3 10.900 207.85
661628271 20,500.00 20,500.00 03/26/98 02/26/18 239.90 03/26/98 89.8 10.950 210.90
661632364 14,700.00 14,700.00 03/26/98 02/26/13 179.90 03/26/98 90.0 11.050 167.54
661632547 83,500.00 83,500.00 03/24/98 02/24/18 239.84 03/24/98 49.7 8.150 706.24
661633529 22,000.00 22,000.00 03/27/98 02/27/13 179.93 03/27/98 76.9 13.250 281.98
661634006 136,600.00 136,600.00 03/26/98 02/26/28 359.90 03/26/98 75.8 9.000 1,099.11
661623280 26,600.00 26,600.00 03/25/98 02/25/13 179.87 03/25/98 89.9 10.900 251.31
661626523 48,300.00 48,300.00 03/24/98 02/24/28 359.84 03/24/98 69.0 10.100 427.44
661634782 46,000.00 46,000.00 03/28/98 02/28/28 359.97 03/28/98 89.8 11.050 439.81
661635524 38,200.00 38,200.00 03/25/98 02/25/13 179.87 03/25/98 84.6 10.670 426.30
661528653 315,200.00 314,904.24 02/01/98 01/01/18 238.00 03/01/98 57.3 12.550 3,592.23
661551218 352,100.00 351,995.85 02/01/98 01/01/28 358.00 03/01/98 70.0 11.850 3,581.14
661572164 550,000.00 549,333.27 02/01/98 01/01/18 238.00 03/01/98 60.6 11.500 5,865.36
661588723 300,000.00 299,919.71 02/01/98 01/01/28 358.00 03/01/98 75.0 12.300 3,155.29
661591768 463,000.00 461,991.20 02/01/98 01/01/13 178.00 03/01/98 69.9 11.100 5,291.55
661595637 121,800.00 121,585.81 02/01/98 01/01/13 178.00 03/01/98 70.0 13.350 1,569.22
661597336 481,800.00 481,490.58 01/01/98 12/01/27 357.00 03/01/98 73.0 11.500 4,771.22
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 20 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-02 661616565 SMITH MINNIE M 2329-31 W MONROE CHICAGO IL 60612
235-02 661616730 SHANA CORP 95-97 WEST PALISADE AVENUE ENGLEWOOD NJ 7631
235-02 661617837 DIAZ ARMANDO 4234-36 W FULLERTON CHICAGO IL 60639
235-02 661618504 JOHNSON PINDA 50-60 E 50TH STREET CHICAGO IL 60615
235-02 661618728 SMITH DARREN A 1635-41 W 57TH STREET CHICAGO IL 60636
235-02 661621383 MILLER RALLAND B 17800 MARCELLA ROAD CLEVELAND OH 44119
235-02 661621391 ROBINSON VERNADINE 5711-13 S CALUMET CHICAGO IL 60637
235-02 661621425 WRIGHT TAMERA 12510-12 BUCKEYE ROAD CLEVELAND OH 44120
235-02 661623447 JACKSON CHARLES 229 E MARQUETTE CHICAGO IL 60637
235-02 661551325 CLARINO FRANK J JR 443 BROADWAY NEWBURGH NY 12550
235-02 661557207 SUS REAL EST ATE 981-983-985-987 WESTCHESTE BRONX NY 10459
235-02 661561084 HITCHCOCK ARDINE M 201 S WASHINGTON NEWPORT WA 99156
235-02 661570663 JOHNSON WILLIAM F SR 449 HERKIMER ST AKA 76 GAR BUFFALO NY 14213
235-02 661574160 GRECO FRANK W JR 171-173 SEELEY AVENUE KEANSBURG NJ 7734
235-02 661594994 ALT 5 REALTY TRUST 391-393 MANCHESTER STREET MANCHESTER NH 3104
235-02 661597302 TOUHILL WOODWORKS 108 MACDADE BOULEVARD DARBY PA 19023
235-02 661603944 TIBBETTS GORDON G 38 & 51 MAST ROAD LEE NH 3801
235-02 661603951 TIBBETTS GORDON G 52 & 54 MAST ROAD LEE NH 3824
235-02 661609529 PERDUE SCOTT N 197-207 WILSON STREET MANCHESTER NH 3103
235-02 661609537 RACE CLYDE A 135 SPRUCE STREET MANCHESTER NH 3103
235-02 661612895 BALUTCHA MUSTAPHA 366 HERKIMER STREET BROOKLYN NY 11201
235-02 661617514 LINDEN REALT Y DEVELOPM E 180-01-05 LINDEN BLVD ST ALBANS NY 11412
235-02 661617829 CROCKETT LINDA J 7831 33 S WABASH CHICAGO IL 60619
235-02 661618165 RACE CLYDE A 317-319 CENTRAL STREET MANCHESTER NH 3103
235-02 661620849 SENECAL TERRI L 202 NOTRE DAME AVENUE MANCHESTER NH 3104
235-02 661621417 BOWERS EUGENE 3202 N CENTRAL AVE INDIANAPOLI IN 46205
235-02 661624148 SUPERIOR PROPERTIES 312-314&363 LAKE AVE MANCHESTER NH 3103
235-02 661624197 CALDERON TRA VEL ADVISO R 217 EAST 116TH STREET NEW YORK NY 10029
235-02 661624510 PERDUE SCOTT N 269-273 CEDAR STREET MANCHESTER NH 3103
235-02 661624551 MCLAURIN WILLIAM J 416 MAPLE STREET MANCHESTER NH 3101
235-02 661625046 LAPOINTE GUY J JR 91 BUNKERHILL ROAD LAWRENCE MA 1840
235-02 661625780 PERKINS MAE W 16007 NELACREST RD EAST CLEVEL OH 44112
235-02 661626291 RINCON LUCIO 8708 S HOUSTON CHICAGO IL 60617
235-02 661630186 PERDUE SCOTT N 178 CENTRAL STREET MANCHESTER NH 3103
235-02 661630509 CALVIN ELENA 2806 E 76 TH PL CHICAGO IL 60649
235-02 661371310 WEBSTER LONNIE P 3328 E. 139TH STREET CLEVELAND OH 44120
235-02 661455410 HALE CHARLES 403 MAPLE AVENUE NEWARK OH 43055
235-02 661563304 BRADY EDWARD J 201 LIVINGSTON STREET NORTHVALE NJ 7647
235-02 661616532 WEISS ANNA 520 22 66TH STREET WEST NEW YO NJ 7093
235-02 661632661 GIBSON LARRY P 17 JULIUSTOWN ROAD BROWNS MILL NJ 8015
235-02 661599134 DIAZ JOSE NUNEZ 220 NORTH DAY STREET ORANGE NJ 7050
235-02 661620955 CATRICKES SARANTOULA 39 43 MANSION AVENUE ATLANTIC CI NJ 8401
235-02 661624171 WHITE-ROBINS CASANDRA 341 343 OCEAN AVENUE JERSEY CITY NJ 7305
235-02 661629121 DIAZ JOSE NUNEZ 158 CHAPMAN STREET ORANGE NJ 7050
235-02 661634980 PEREZ ELUISIDES 2551 53 S KEDZIE CHICAGO IL 60623
-------------------------------------
957 Sale Total
235-51 800608416 UNUTOA PONAIVAO MIKA 5358 S 3675 W ROY UT 84067
235-51 800443517 SMITH KENNETH D 500 1 TERRACE LANSING KS 66043
235-51 800469116 HAUVER RICHARD E 182 CANYON VIEW DRIVE LANSING KS 66043
235-51 800470106 SCONZO ANTHONY THOMAS 210 211TH PLACE SE REDMOND WA 98053
235-51 800472664 VENTURA-DAVI EARLEAN 2200 GOLDHILL WAY LAS VEGAS NV 89106
235-51 800479255 SCHMITT DAVID J 5289 REDWOOD TERRACE NORTH PORT FL 34287
235-51 800489197 LYNCH GORDON E 8824 NE 186TH PLACE BOTHELL WA 98011
235-51 800492241 SEARLE LEROY F 6273 19TH AVENUE NORTHEAST SEATTLE WA 98115
235-51 800498404 DIFERDINAND GARY 805 WALNUT RIDGE ESTATE POTTSTOWN PA 19464
235-51 800503062 BIETLER MARK 185 OXBOW LAKE ROAD WHITE LAKE MI 48386
235-51 800511248 ALONZO WARREN L 531 GREGORY LANE FAIRFIELD CA 94533
235-51 800520876 SMITH ROWDY LEE 1595 MARBLE SPRINGS ROAD BARNHART MO 63012
235-51 800532483 MONAGHAN FRANK M 26112 RIO GRANDE AVENUE LAGUNA HILL CA 92653
235-51 800535361 SYSAK WILLIAM E 11029 JASMINE CIRCLE BRADENTON FL 34209
235-51 800535387 CRIGAMIRE HAROLD B 2425 NORRINGTON DRIVE NORRISTOWN PA 19403
235-51 800538480 JENSEN JETT ALAN 627 MARATHON DRIVE CAMPBELL CA 95008
235-51 800548422 ROMERO DONNA 4330 SAWYER ROAD SARASOTA FL 34233
235-51 800555062 CARRYER ROY DAVID 7300 SCARBOROUGH STREET SPRINGFIELD VA 22153
235-51 5400000369 RIPPLINGER JOHN 953 PROVINCETOWN RD AUBURN HILL MI 48326
235-51 5700000135 SCHROEDER JOHN RUSSELL 521 SOUTH EDINBURGH DRIVE LOVELAND CO 80537
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661616565 260,000.00 259,585.29 02/01/98 01/01/13 178.00 03/01/98 65.0 14.350 3,523.88
661616730 243,375.00 243,235.98 02/01/98 01/01/23 298.00 03/01/98 64.9 11.600 2,491.65
661617837 194,000.00 194,000.00 03/01/98 02/01/18 239.00 03/01/98 61.5 13.000 2,272.86
661618504 150,000.00 150,000.00 03/01/98 02/01/13 179.00 03/01/98 50.0 14.300 2,027.94
661618728 106,400.00 106,400.00 03/01/98 02/01/28 359.00 03/01/98 70.0 11.500 1,053.67
661621383 262,500.00 262,500.00 03/01/98 02/01/28 359.00 03/01/98 75.0 11.450 2,589.51
661621391 94,500.00 94,500.00 03/01/98 02/01/13 179.00 03/01/98 70.0 15.350 1,345.34
661621425 82,500.00 82,500.00 03/01/98 02/01/13 179.00 03/01/98 75.0 13.900 1,093.15
661623447 139,100.00 139,100.00 03/01/98 02/01/28 359.00 03/01/98 68.1 12.900 1,527.86
661551325 58,000.00 58,000.00 03/01/98 02/01/28 359.00 03/01/98 45.4 13.950 684.93
661557207 550,000.00 550,000.00 03/01/98 02/01/18 239.00 03/01/98 57.2 10.900 5,639.65
661561084 101,000.00 100,882.55 02/01/98 01/01/18 238.00 03/01/98 74.8 10.950 1,039.08
661570663 106,900.00 106,879.15 03/01/98 02/01/28 359.00 04/01/98 66.8 13.700 1,241.29
661574160 165,000.00 165,000.00 04/01/98 03/01/13 180.00 04/01/98 67.3 10.700 1,844.42
661594994 120,000.00 120,000.00 04/01/98 03/01/13 180.00 04/01/98 57.1 11.100 1,371.46
661597302 217,000.00 217,000.00 03/01/98 02/01/18 239.00 03/01/98 70.0 11.850 2,366.70
661603944 192,500.00 192,276.14 02/01/98 01/01/18 238.00 03/01/98 70.0 10.950 1,980.42
661603951 220,000.00 219,744.17 02/01/98 01/01/18 238.00 03/01/98 69.6 10.950 2,263.33
661609529 160,000.00 160,000.00 03/01/98 02/01/13 179.00 03/01/98 69.5 11.100 1,828.61
661609537 100,000.00 99,773.84 03/01/98 02/01/13 179.00 04/01/98 68.9 10.700 1,117.83
661612895 108,000.00 108,000.00 03/01/98 02/01/23 299.00 03/01/98 69.6 12.950 1,214.00
661617514 201,500.00 201,060.97 03/01/98 02/01/13 179.00 04/01/98 65.0 11.100 2,302.91
661617829 191,200.00 191,200.00 04/01/98 03/01/28 360.00 04/01/98 74.9 11.450 1,886.15
661618165 160,000.00 159,638.14 03/01/98 02/01/13 179.00 04/01/98 69.8 10.700 1,788.53
661620849 154,000.00 154,000.00 04/01/98 03/01/13 180.00 04/01/98 70.0 11.600 1,808.82
661621417 161,500.00 161,500.00 03/01/98 02/01/18 239.00 03/01/98 59.8 13.350 1,932.51
661624148 172,900.00 172,900.00 04/01/98 03/01/13 180.00 04/01/98 70.0 11.100 1,976.05
661624197 190,000.00 189,893.36 03/01/98 02/01/23 299.00 04/01/98 64.4 11.700 1,959.14
661624510 143,000.00 143,000.00 03/01/98 02/01/13 179.00 03/01/98 69.7 11.100 1,634.32
661624551 108,500.00 108,263.60 03/01/98 02/01/13 179.00 04/01/98 70.0 11.100 1,240.03
661625046 113,400.00 113,400.00 04/01/98 03/01/13 180.00 04/01/98 70.0 11.100 1,296.03
661625780 80,500.00 80,500.00 03/01/98 02/01/13 179.00 03/01/98 54.7 12.700 1,002.68
661626291 75,000.00 75,000.00 03/01/98 02/01/28 359.00 03/01/98 71.4 15.100 954.33
661630186 88,200.00 88,200.00 03/01/98 02/01/13 179.00 03/01/98 70.0 11.100 1,008.02
661630509 110,200.00 110,200.00 04/01/98 03/01/13 180.00 04/01/98 71.0 11.900 1,315.50
661371310 78,000.00 75,663.79 02/05/97 01/05/12 166.19 03/05/98 65.0 11.100 891.45
661455410 71,500.00 69,875.69 05/01/97 04/01/12 169.00 03/01/98 65.0 11.100 817.16
661563304 250,000.00 250,000.00 04/01/98 03/01/28 360.00 04/01/98 67.5 14.100 2,981.98
661616532 123,000.00 123,000.00 04/01/98 03/01/13 180.00 04/01/98 55.9 12.700 1,532.05
661632661 234,500.00 234,500.00 04/01/98 03/01/28 360.00 04/01/98 70.0 13.500 2,685.99
661599134 105,000.00 105,000.00 04/01/98 03/01/23 300.00 04/01/98 60.0 13.950 1,259.93
661620955 150,500.00 150,500.00 04/01/98 03/01/28 360.00 04/01/98 70.0 11.700 1,513.40
661624171 77,000.00 77,000.00 04/01/98 03/01/23 300.00 04/01/98 70.0 11.600 788.32
661629121 120,250.00 120,250.00 04/01/98 03/01/23 300.00 04/01/98 65.0 13.950 1,442.92
661634980 240,500.00 240,500.00 04/01/98 03/01/18 240.00 04/01/98 72.8 10.950 2,474.23
------------------------------- ------ --------------------------------------
65,279,611.00 65,218,656.70 229.51 77.6 11.014 662,866.01
800608416 86,080.00 86,080.00 03/18/98 02/18/18 239.64 03/18/98 89.7 10.150 839.26
800443517 24,150.00 24,105.12 01/03/98 12/03/17 237.11 03/03/98 89.9 11.300 254.22
800469116 60,877.00 60,745.03 01/02/98 12/02/17 237.07 03/02/98 89.8 11.300 640.84
800470106 30,000.00 29,724.55 12/25/97 11/25/17 236.84 03/25/98 84.4 11.900 328.24
800472664 35,000.00 34,826.11 01/12/98 12/12/12 177.40 03/12/98 52.7 11.000 397.81
800479255 22,871.00 22,779.60 01/05/98 12/05/17 237.17 03/05/98 83.4 10.150 222.99
800489197 18,000.00 18,000.00 01/12/98 12/12/17 237.40 03/12/98 85.4 12.500 204.51
800492241 73,800.00 73,715.76 01/23/98 12/23/17 237.76 03/23/98 85.9 11.750 799.78
800498404 35,000.00 34,540.13 02/07/98 01/07/08 118.26 04/07/98 79.9 13.250 527.76
800503062 70,450.00 70,368.49 02/05/98 01/05/13 178.19 03/05/98 78.5 10.000 757.06
800511248 70,000.00 70,000.00 02/07/98 01/07/18 238.26 02/07/98 66.5 10.250 687.15
800520876 50,500.00 50,381.23 02/22/98 01/22/13 178.75 03/22/98 68.8 8.650 501.74
800532483 119,000.00 119,000.00 02/09/98 01/09/18 238.32 03/09/98 89.7 11.050 1,232.36
800535361 91,452.00 91,223.54 02/16/98 01/16/13 178.55 03/16/98 69.2 8.150 881.90
800535387 11,600.00 11,538.21 02/22/98 01/22/08 118.75 03/22/98 86.5 11.050 160.12
800538480 56,000.00 55,949.34 02/16/98 01/16/18 238.55 03/16/98 81.1 9.900 536.71
800548422 26,500.00 26,421.10 02/20/98 01/20/13 178.68 03/20/98 89.9 10.650 295.40
800555062 60,000.00 59,750.16 02/16/98 01/16/13 178.55 03/16/98 87.7 10.150 650.28
5400000369 51,000.00 50,599.50 01/23/98 12/23/07 117.76 03/23/98 89.1 12.975 760.73
5700000135 22,600.00 22,600.00 03/01/98 02/01/08 119.00 03/01/98 78.5 11.275 314.84
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 21 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-51 800562506 MONTALVO GALO D 4794 WITCH LANE LAKE WORTH FL 33461
235-51 800595118 BROWNLIE DONNA J 4721 MUSIC LANE SAINT LOUIS MO 63128
235-51 800603508 DOWNEY NORMA S 119 FLINT DRIVE FENTON MO 63026
235-51 800623613 BROWN JERRY LEE 7622 NORTH SUNSET DRIVE SAINT LOUIS MO 63121
235-51 800631772 PATTON CATHERINE D 2404 HEADLAND DRIVE ST CHARLES MO 63301
235-51 800379885 HOSTETLER JAMES 900 WEST BISHOP WAY BROWNSVILLE OR 97327
235-51 800406373 KHORRAMIAN MOHAMMAD T 2108 TORTOISE SHELL DRIVE ORLANDO FL 32810
235-51 800415937 COLEY SHARON R 959 PARK FOREST DRIVE LILBURN GA 30047
235-51 800417156 GREEN DAVID H 730 FORREST AVE NORRISTOWN PA 19401
235-51 800422610 RIVERA RAFAEL G 21265 SW 248TH STREET HOMESTEAD FL 33031
235-51 800427403 SANCHOTENA ALBERT ANDREW 6901 GILLIS DRIVE BOISE ID 83703
235-51 800427411 CALLICOTTE MARVIN R 5568 SOUTH HUGOTON DRIVE SALT LK CTY UT 84118
235-51 800433724 TRUSCOTT LEO PAUL 41 EAST SMITH CIRCLE PRICE UT 84501
235-51 800438723 BARLOW GARTH RIRIE 40 SOUTH 1250 W CLEARFIELD UT 84015
235-51 800447930 BOTERO CHARLES ALBERT 4824 RED BAY DRIVE ORLANDO FL 32829
235-51 800449878 EBERSOLE ROBERT E 12 COCHRAN HILL ROAD POUGHKEEPSI NY 12603
235-51 800453995 DUFF LLOYD A 2735 MANN STREET LAS VEGAS NV 89102
235-51 800458226 TURNER W KERMIT 4127 BAHIA VISTA CT SARASOTA FL 34232
235-51 800459349 HARRISON SHIRLEY LOUISE 8001 ALBEMARLE ROAD CHARLOTTE NC 28227
235-51 800461162 BELAND DENNIS R 515 TINA COURT SPARKS NV 89502
235-51 800466773 BENDER VINCENT T 1202 BUENA VISTA ORLANDO FL 32818
235-51 800470510 LEWIS SAMMIE LEE 202 FRONTIER CIRCLE CHINA GROVE NC 28023
235-51 800526717 BYRDSONG CARSTOBA S 3307 BELL DRIVE RALEIGH NC 27610
235-51 800571028 MORGENSTERN ALAN J 1905 STRAWBRIDGE DRIVE LIBRARY PA 15129
235-51 800571820 BULL TERRY L 7918 WILBETH LANE NAMPA ID 83686
235-51 800597049 BOLLINGER KEVIN C 1939 BURNSIDE COURT CONCORD CA 94521
235-51 800600264 OUZTS DENNIS JAMES 2610 SUNSET DRIVE GASTONIA NC 28054
235-51 800601023 HARRIS STEVEN M 1060 WEST SUNRIDGE TRAIL PEVELY MO 63070
235-51 800619298 WRIGHT FRANCES 1500 POPHAM DRIVE #A-16 FORT MYERS FL 33919
235-51 800622284 STOUT KEVIN C SR 223 IDLEVIEW AVENUE LEHIGH ACRE FL 33936
235-51 800622565 PATRICK STANLEY 1006 SUNRIDGE TRAIL WEST PEVELY MO 63070
235-51 800627903 KROEPEL LAURIE M 6904 CHINA LAKE COURT SAINT LOUIS MO 63129
235-51 800631228 PAYNE DELTON HOWARD JR 1728 NOTTINGHAM PLACE NASHVILLE TN 37221
235-51 661579581 HARDEN CAROLINE R 115 CULVER RD OAK RIDGE TN 37830
235-51 661611368 CRAMMER DOUGLAS L 479 STONEY BATTERY ROAD W HEMPFIELD PA 17601
235-51 661630251 SPAHR WILLIAM E 278 SHERMAN AVENUE BOROUGH OF PA 15690
-------------------------------------------
56 Sale Total
235-52 800410284 WHITING BRUCE A 1846 BADGLEY ROAD JACKSON MI 49203
235-52 800415945 CHILDRESS WILLIAM A 1413 MORGAN AVENUE MUSKEGON MI 49442
235-52 800416059 SOAVE MARK C 23395 DAVEY AVENUE HAZEL PARK MI 48030
235-52 800429235 GABRIEL LARRY P 514 PRECITA AVENUE SAN FRANCIS CA 94110
235-52 800432882 LANGSTON DONNA 436 OLDS AVENUE HARTFORD MI 49057
235-52 800434805 RAYMOND LARRY EUGENE 10651 TOWN ROAD PARMA MI 49269
235-52 800438384 SLADE MARY 260 NORTH MARSHALL ROAD BEULAH MI 49617
235-52 800442733 WOODRING KATHRYN 2836 WHITEHALL ROAD MUSKEGON MI 49445
235-52 800465056 LANGER JOHN F 14916 57TH AVENUE SOUTH TUKWILA WA 98168
235-52 800469694 ALRED ROBERT D 404 OLD JENNINGS ROAD MIDDLEBURG FL 32068
235-52 800470882 HELTON DIANA L 423 ANDERSON DRIVE DESTIN FL 32541
235-52 800492977 GONZALES MARCELINA 1131 NUNES COURT MANTECA CA 95336
235-52 800493033 STANTON LAURALIE M 839 WOODLEY PLACE ENCINITAS CA 92024
235-52 800493108 NEWTON JAMES W 102 WANNALANCIT STREET LOWELL MA 1854
235-52 800498032 QUINN THOMAS M 1579 WILLOW OAKS DRIVE SAN JOSE CA 95125
235-52 800498552 SULLIVAN ROBERT D 1831 SE 148TH AVENUE PORTLAND OR 97233
235-52 800498578 BERGSTROM MARK S 228 FRANKLIN STREET BELCHERTOWN MA 1007
235-52 800503880 STECZ SUSAN M 5508 JASMINE COURT CASTRO VALL CA 94552
235-52 800506511 SEABORNE RICHARD L 534 ALMANOR ST PETALUMA CA 94954
235-52 800506685 ZAGUIRRE HELEN MARTS 1341 SOUTH WALNUT ST LA HABRA CA 90631
235-52 800507576 CERVANTES GERARDO C 523 SOUTH HEWES STREET ORANGE CA 92869
235-52 800507675 COURTNEY DAVID J 564 TRINIDAD LANE FOSTER CITY CA 94404
235-52 800510398 WALDEN SHARON L 2038 CRAWFORD DRIVE WALLA WALLA WA 99362
235-52 800516833 GRANT KELLY W 610 PAYNE ROAD SAN JUAN BA CA 95045
235-52 800529877 PENCE GENE L 10800 SW 63RD AVENUE PORTLAND OR 97219
235-52 800530271 FERGUSON KENNETH 14 KNOLL ROAD HOPKINTON MA 1748
235-52 800530370 GIBBONS CHARLES J 298 LONG POND ROAD PLYMOUTH MA 2360
235-52 800530420 LINT GREGORY W 437 AVENUE A BARSTOW CA 92311
235-52 800530586 PRONOVOST ANN RITA 278 COLUMBIA BOULEVARD WATERBURY CT 6722
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800562506 16,970.00 16,970.00 03/16/98 02/16/08 119.57 03/16/98 78.8 11.850 242.00
800595118 38,870.00 38,870.00 03/23/98 02/23/08 119.80 03/23/98 80.0 8.400 479.86
800603508 48,552.00 48,552.00 03/17/98 02/17/18 239.61 03/17/98 80.9 9.900 465.33
800623613 41,441.00 41,441.00 03/25/98 02/25/08 119.87 03/25/98 84.7 10.750 565.00
800631772 27,313.00 27,313.00 03/24/98 02/24/13 179.84 03/24/98 76.1 8.900 275.40
800379885 35,681.00 35,178.71 11/01/97 10/01/12 175.00 04/01/98 69.7 11.750 422.51
800406373 15,972.00 15,941.31 12/17/97 11/17/12 176.58 02/17/98 84.9 12.100 192.72
800415937 27,400.00 27,119.34 11/24/97 10/24/12 175.79 03/24/98 85.2 9.650 288.60
800417156 56,000.00 55,852.54 01/03/98 12/03/12 177.11 03/03/98 85.0 12.000 672.09
800422610 21,500.00 21,254.02 12/24/97 11/24/12 176.81 03/24/98 85.2 10.050 231.70
800427403 25,250.00 25,029.37 12/17/97 11/17/07 116.58 03/17/98 76.4 13.250 380.74
800427411 15,578.00 15,477.27 11/27/97 10/27/17 235.89 02/27/98 89.8 11.550 166.67
800433724 21,890.00 21,597.70 12/25/97 11/25/07 116.84 03/25/98 89.5 11.300 305.26
800438723 31,000.00 30,679.36 12/24/97 11/24/07 116.81 02/24/98 70.4 9.400 399.44
800447930 28,522.00 28,339.68 01/03/98 12/03/12 177.11 03/03/98 89.3 11.300 329.57
800449878 40,600.00 40,498.48 01/19/98 12/19/17 237.63 03/19/98 89.8 11.300 427.39
800453995 48,000.00 47,878.98 01/10/98 12/10/12 177.34 03/10/98 85.8 11.650 565.32
800458226 28,795.00 28,480.67 01/05/98 12/05/07 117.17 03/05/98 66.9 9.800 377.35
800459349 49,500.00 49,247.67 01/12/98 12/12/12 177.40 03/12/98 85.0 12.000 594.08
800461162 17,509.00 17,396.24 01/16/98 12/16/07 117.53 03/16/98 85.5 10.050 231.87
800466773 23,000.00 22,938.05 01/09/98 12/09/12 177.30 03/09/98 83.2 9.400 238.79
800470510 41,000.00 40,546.73 12/26/97 11/26/12 176.88 03/26/98 79.2 9.550 429.37
800526717 57,300.00 57,300.00 03/10/98 02/10/13 179.38 03/10/98 63.6 8.750 572.68
800571028 19,950.00 19,950.00 03/02/98 02/02/08 119.11 03/02/98 89.9 10.900 273.68
800571820 55,000.00 55,000.00 03/09/98 02/09/13 179.34 03/09/98 78.8 9.000 557.85
800597049 89,000.00 89,000.00 03/23/98 02/23/18 239.80 03/23/98 85.8 10.850 909.58
800600264 72,900.00 72,900.00 03/26/98 02/26/18 239.90 03/26/98 79.2 8.000 609.76
800601023 22,651.00 22,651.00 04/04/98 03/04/08 120.10 04/04/98 82.5 10.650 307.55
800619298 18,700.00 18,700.00 03/25/98 02/25/08 119.87 03/25/98 35.2 8.150 228.37
800622284 34,300.00 34,300.00 03/27/98 02/27/08 119.93 03/27/98 88.0 9.750 448.54
800622565 18,349.00 18,349.00 03/27/98 02/27/08 119.93 03/27/98 34.8 8.650 228.98
800627903 54,000.00 54,000.00 04/02/98 03/02/08 120.03 04/02/98 69.7 11.350 754.59
800631228 34,000.00 34,000.00 03/17/98 02/17/13 179.61 03/17/98 76.0 9.800 361.22
661579581 27,100.00 27,072.14 01/22/98 12/22/12 177.73 02/22/98 82.0 10.375 297.47
661611368 31,900.00 31,774.38 01/10/98 12/10/07 117.34 03/10/98 89.2 14.375 502.52
661630251 11,800.00 11,800.00 03/11/98 02/11/28 359.41 03/11/98 90.0 12.625 127.08
----------------------------- ------- --------------------------------------
2,262,173.00 2,255,746.51 186.91 80.3 10.508 25,454.63
800410284 41,200.00 40,292.36 02/04/98 01/01/03 58.16 04/01/98 80.6 13.125 867.50
800415945 47,700.00 47,503.38 02/04/98 12/19/12 178.16 04/01/98 81.5 10.875 496.93
800416059 18,600.00 18,294.29 01/04/98 11/25/07 117.14 03/28/98 71.3 10.875 235.25
800429235 28,200.00 27,557.80 01/04/98 12/01/02 57.14 03/01/98 76.3 11.875 577.24
800432882 39,600.00 39,259.42 02/04/98 12/26/07 118.16 04/01/98 54.9 10.875 500.85
800434805 40,200.00 40,110.81 02/04/98 12/13/17 238.16 04/01/98 61.8 10.725 376.06
800438384 19,608.00 19,154.03 01/04/98 12/01/02 57.14 03/01/98 72.8 11.250 395.69
800442733 16,897.00 16,849.06 02/04/98 12/18/13 190.16 04/01/98 85.9 13.225 195.74
800465056 28,800.00 28,385.49 01/04/98 11/28/04 81.14 03/01/98 81.2 11.625 463.87
800469694 49,900.00 49,402.05 01/04/98 11/25/07 117.14 03/28/98 52.7 8.250 564.86
800470882 20,800.00 20,687.83 02/04/98 12/22/10 154.16 04/01/98 75.2 10.990 231.69
800492977 39,600.00 39,527.08 02/04/98 12/13/17 238.16 04/01/98 87.5 12.125 405.64
800493033 114,100.00 113,878.91 02/04/98 12/08/21 286.16 04/01/98 38.0 8.625 867.19
800493108 36,600.00 36,465.83 02/04/98 12/19/12 178.16 04/01/98 87.0 12.125 408.14
800498032 339,600.00 339,414.97 02/04/98 12/01/27 358.16 04/01/98 73.0 11.875 3,194.20
800498552 20,300.00 20,233.98 02/04/98 12/19/12 178.16 04/01/98 84.9 13.375 241.70
800498578 41,960.00 41,839.57 02/01/98 12/20/09 142.00 03/01/98 90.0 12.100 510.98
800503880 75,800.00 75,487.53 02/04/98 12/19/12 178.16 04/01/98 69.7 10.875 789.68
800506511 244,000.00 243,761.90 02/04/98 12/01/27 358.16 04/01/98 80.0 9.170 1,839.77
800506685 80,500.00 80,097.17 02/04/98 12/19/12 178.16 04/01/98 46.0 8.750 742.57
800507576 19,800.00 19,352.06 02/04/98 01/01/03 58.16 04/01/98 89.4 12.125 407.60
800507675 50,400.00 50,290.36 02/04/98 12/13/17 238.16 04/01/98 75.3 10.875 476.21
800510398 37,075.00 36,948.18 02/04/98 12/19/12 178.16 04/01/98 81.0 12.850 429.57
800516833 74,400.00 74,339.65 02/04/98 12/06/23 310.16 04/01/98 82.8 12.375 738.26
800529877 13,800.00 13,685.53 02/04/98 12/26/07 118.16 04/01/98 53.0 11.500 179.06
800530271 33,700.00 33,683.22 02/04/98 12/01/27 358.16 04/01/98 82.9 12.280 326.69
800530370 57,800.00 57,585.38 02/04/98 12/19/12 178.16 04/01/98 85.0 11.990 639.90
800530420 15,400.00 15,375.59 02/04/98 12/13/17 238.16 04/01/98 84.8 13.225 168.81
800530586 21,100.00 21,059.82 02/04/98 12/13/17 238.16 04/01/98 79.3 11.875 212.74
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 22 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 800534455 CHAPA GEORGE 35070 SOFIA COURT FREMONT CA 94536
235-52 800540064 KONSTEN HEIDI KAY 31116 SW WILLAMETTE WAY W WILSONVILLE OR 97070
235-52 800545550 FLANAGAN HAROLD P 33 ELMWOOD AVENUE HAVERHILL MA 1835
235-52 800547390 MIDGETT RONALD J 242 POND STREET FRANKLIN MA 2038
235-52 800552416 BIGGS NANCY L 6770 EAST PARAPET STREET LONG BEACH CA 90808
235-52 800585572 KNOBLAUCH JOSEPH W 304 ATLAS 1 HERCULES CA 94547
235-52 800589129 KONZELMAN ELSIE D 2818 MCCLEOD ROAD BELLINGHAM WA 98225
235-52 800589343 BLACKMON MICHAEL A 838 GREEN STREET WILLOWS CA 95988
235-52 800593691 RODRIGUEZ OMAR JR 221 WISTERIA AVENUE LOS BANOS CA 93635
235-52 800608499 BRUNSON WILLIAM R 7898 DIANA LANE DUBLIN CA 94568
235-52 5100000024 HOLZWORTH GERVAS E 1170 HARVARD DRIVE SANTA ROSA CA 95405
235-52 5100001865 FLEMING COLLEEN M 23320 NORTHEAST VILLAGE CT TROUTDALE OR 97060
235-52 5100002103 WATTS MURIEL E 3309 WEST LINCOLN AVENUE YAKIMA WA 98902
235-52 5100002517 DELOZA MANUEL 1812 SOUTH 8TH AVENUE YAKIMA WA 98902
235-52 5100003598 HORTSMAN JERRY L 1411 LOVALL VALLEY ROAD SONOMA CA 95476
235-52 5100003945 VALENZUELA DAVID F 32639 ALMADEN BOULEVARD UNION CITY CA 94587
235-52 5100004109 GARRECHT NANCY D 505 SKI HILL DRIVE LEAVENWORTH WA 98826
235-52 5100004281 WALKER CYNTHIA A 7111 CARSON ROAD EVERETT WA 98203
235-52 5100004299 LEDESMA GILBERTO 221 SAND HILL ROAD GRANDVIEW WA 98930
235-52 5100004349 STEINER MICHAEL D 1617 37TH STREET ANACORTES WA 98221
235-52 5100004372 BURBANK DAVID W 127 MARY LANE BRIDGEWATER MA 2324
235-52 5100004406 DAVIS JEANNE M 614 CASCADE STREET RICHLAND WA 99352
235-52 5100004497 VIRGIL ALAN K 24660 VIA VALMONTE TORRANCE CA 90505
235-52 5100004513 NIXON ARNOLD R 433 CASA VERDE CIRCLE PETALUMA CA 94954
235-52 5100004521 PAAR KENNETH JAMES 1707 STARLITE DRIVE MILPITAS CA 95035
235-52 5100004588 HARRY MARK A 2312 WEST MALLON AVENUE SPOKANE WA 99201
235-52 5100004661 MENOT ROBERT 88 RANDALL STREET N EASTON MA 2356
235-52 5100004679 COOKE GLENN A 5 WOODLAWN ROAD HADLEY MA 1035
235-52 5100004737 FEE ANDREW L 2584 VISTA DEL LAGO DRIVE VALLEY SPRI CA 95252
235-52 5100004778 KJOSNESS DAVID JOHN 959 FAYETTE AVENUE EUGENE OR 97404
235-52 5100004786 MILLER JUANITA 4419 SOUTH GRAHAM SEATTLE WA 98118
235-52 5100004794 SMITH DURWARD L JR 543 HIDDEN VALLEY ROAD GRANTS PASS OR 97526
235-52 5100004893 CUNNINGHAM SANDRA A 1062 SIMONDS ROAD WILLIAMSTOW MA 1267
235-52 5100004901 HARTLOVE SUSAN ARLINDA 2285 COPLEY STREET SIMI VALLEY CA 93063
235-52 5100004927 SMITH CONSTANCE K 6415 AVONDALE AVE SW TACOMA WA 98499
235-52 5100004943 BERGER DIETER 22 PRISCILLA ROAD NORWALK CT 6850
235-52 5100004950 WASHBURN RICHARD A 4576 FAROUSSE WAY PASO ROBLES CA 93446
235-52 5100004968 TYRIE JOANNE M 16 WESTMINSTER AVENUE HAVERHILL MA 1830
235-52 5100004976 DUSEK BARBARA ANN 35 PRIOR DRIVE FRAMINGHAM MA 1701
235-52 5100005015 REYNOLDS LYNN A 53 RESERVATION TERRACE NEWBURYPORT MA 1950
235-52 5100005023 STRAIN JEAN 2 GARRETT WAY PETALUMA CA 94954
235-52 5100005031 RUCKEL DANIEL LEE 31008 DULCE COURT TEMECULA CA 92592
235-52 5100005072 MILLER GAYLA L 206 NE 94TH AVENUE VANCOUVER WA 98664
235-52 5100005130 CAULTON ADRIENNE A 52 NAVAJO ROAD SPRINGFIELD MA 1109
235-52 5100005254 QUILES DOMINGO 187 WOLCOTT STREET NEW HAVEN CT 6513
235-52 5100005262 CAMPA OSCAR A 614 EAST ALAMAR AVE SANTA BARBA CA 93105
235-52 5100005270 CHIASSON JAMES M 18 SILVER HILL ROAD MAYNARD MA 1754
235-52 5100005288 FUREY DENNIS C 24-26 CUBA STREET ANDOVER MA 1810
235-52 5100005312 BIERMA ESTHER M 3061 MICHAEL DRIVE THOUSAND OA CA 91360
235-52 5100005387 SHEA WILLIAM P JR 70 LEIGH STREET FRAMINGHAM MA 1701
235-52 5100005429 JACOBSON DONALD K SR 170 E SUSAN LANE UNION WA 98592
235-52 5100005437 ALLEN ALLETHIA L 11827 8TH AVENUE SOUTH SEATTLE WA 98168
235-52 5100005445 MILICH MICHAEL STEVEN 925 MIDDLETON DRIVE BOULDER CRE CA 95006
235-52 5100005486 SORENSEN CORINNE M 1775 FIR ST S SALEM OR 97302
235-52 5100005510 WILSON DAVID RAY 775 PEARL DRIVE BLACKFOOT ID 83221
235-52 5100005528 BYERS GUERRY D 28 BYRD AVENUE ROSLINDALE MA 2131
235-52 5100005684 RICKER GUY M 8 QUABOAG STREET WORCESTER MA 1602
235-52 5100005734 DESJARDINS RONALD F 18 DUNFEY STREET LOWELL MA 1854
235-52 5100005783 ODELL MARVIN R 274 BRECKENRIDGE STREET PALMER MA 1069
235-52 5100005833 MCKINNEY ROBERT C 8101 NORTH WAMBA ROAD PROSSER WA 99350
235-52 5100005882 BAKER NANCY D 1808 W PLATH AVENUE YAKIMA WA 98902
235-52 5100005890 DONOHUE LEE S 27 SNOW ROAD N GRAFTON MA 1536
235-52 5100005940 KOWALK KERMIT C 1505 TERRI LYNN COURT GILROY CA 95020
235-52 5100005973 CARPENTER TIM 12471 SISAR ROAD OJAI CA 93023
235-52 5100005981 MILLER ROBERTA FRANCES 700 MILLER DRIVE LA GRANDE OR 97850
235-52 5100005999 HOLLEY LINDA 171 BIRCH STREET WATERBURY CT 6704
235-52 5100006005 TRUDEAU RICHARD D 117 ELM STREET BLACKSTONE MA 1504
235-52 5100006039 COZZETTO LARRY A 4104 S MYRTLE STREET SPOKANE WA 99223
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
800534455 45,596.00 45,517.52 03/06/98 01/12/18 239.24 05/01/98 85.0 12.625 481.86
800540064 17,700.00 17,667.51 03/06/98 01/12/18 239.24 05/01/98 84.0 12.150 181.60
800545550 25,800.00 25,800.00 03/01/98 01/20/08 119.00 03/01/98 84.8 11.625 336.47
800547390 21,400.00 21,400.00 03/01/98 01/26/03 59.00 03/01/98 75.6 14.475 464.37
800552416 24,500.00 24,500.00 03/01/98 01/20/08 119.00 03/01/98 49.5 12.125 326.04
800585572 25,200.00 24,899.61 04/06/98 02/22/06 96.16 06/01/98 88.9 11.375 370.04
800589129 16,500.00 16,500.00 03/01/98 01/20/08 119.00 03/01/98 85.2 11.615 215.10
800589343 70,000.00 69,864.35 04/06/98 02/02/22 288.16 06/01/98 70.0 8.625 532.02
800593691 12,400.00 12,308.49 04/06/98 02/20/08 120.16 06/01/98 80.4 13.490 174.19
800608499 56,000.00 55,938.67 04/06/98 02/02/22 288.16 06/01/98 89.9 12.125 552.83
5100000024 43,800.00 43,715.06 01/04/98 11/12/17 237.14 03/01/98 69.7 11.740 437.83
5100001865 20,500.00 20,487.04 01/04/98 11/03/24 321.14 03/01/98 83.1 12.990 211.29
5100002103 103,300.00 103,128.74 01/04/98 11/12/17 237.14 03/01/98 89.3 12.900 1,110.26
5100002517 66,400.00 66,303.16 02/01/98 12/10/17 238.00 03/01/98 80.0 8.570 534.57
5100003598 77,000.00 76,841.13 01/04/98 11/12/17 237.14 03/01/98 67.8 11.275 746.92
5100003945 29,600.00 29,050.44 01/04/98 11/30/03 69.14 03/01/98 57.7 10.525 513.32
5100004109 22,601.00 22,416.49 01/04/98 11/25/07 117.14 03/01/98 42.5 11.775 296.55
5100004281 19,400.00 19,365.46 01/04/98 11/12/17 237.14 03/01/98 69.3 12.375 201.86
5100004299 58,100.00 57,916.28 01/04/98 11/17/13 189.14 03/01/98 89.9 12.175 635.56
5100004349 35,300.00 35,277.32 02/04/98 12/01/27 358.16 04/01/98 84.9 11.125 313.38
5100004372 30,300.00 30,188.94 01/04/98 11/18/12 177.14 03/28/98 86.2 12.125 337.88
5100004406 56,100.00 55,685.62 01/04/98 11/25/07 117.14 03/01/98 84.9 13.475 787.62
5100004497 113,300.00 112,414.78 01/04/98 11/25/07 117.14 03/01/98 89.2 12.525 1,532.09
5100004513 52,700.00 52,584.10 02/04/98 12/14/16 226.16 04/01/98 89.8 11.775 535.03
5100004521 72,300.00 72,247.64 01/04/98 11/05/23 309.14 03/01/98 89.3 12.975 747.66
5100004588 11,900.00 11,804.96 02/04/98 12/26/07 118.16 04/01/98 81.5 12.150 158.52
5100004661 48,700.00 48,645.48 02/01/98 12/10/17 238.00 03/01/98 67.4 10.625 452.55
5100004679 21,716.00 21,531.91 02/04/98 12/26/07 118.16 04/01/98 80.3 11.125 277.49
5100004737 18,100.00 17,964.32 02/04/98 12/26/07 118.16 04/01/98 84.1 13.225 251.63
5100004778 43,947.00 43,850.12 02/04/98 12/13/17 238.16 04/01/98 84.9 10.775 412.49
5100004786 32,800.00 32,733.43 02/04/98 12/13/17 238.16 04/01/98 68.9 11.400 320.77
5100004794 35,000.00 34,717.84 02/04/98 12/26/07 118.16 04/01/98 78.3 11.990 463.24
5100004893 25,400.00 25,198.20 02/04/98 12/26/07 118.16 04/01/98 89.7 12.240 339.58
5100004901 28,700.00 28,572.79 02/01/98 12/10/17 238.00 03/01/98 82.6 11.875 289.37
5100004927 15,724.00 15,714.32 02/04/98 12/02/26 346.16 04/01/98 84.2 11.875 148.45
5100004943 71,200.00 70,790.15 02/04/98 12/23/09 142.16 04/01/98 86.1 12.125 868.05
5100004950 24,000.00 23,925.47 02/04/98 12/18/13 190.16 04/01/98 88.8 12.350 265.09
5100004968 19,700.00 19,542.43 02/04/98 12/26/07 118.16 04/01/98 63.3 12.125 262.16
5100004976 53,300.00 52,876.17 02/04/98 12/26/07 118.16 04/01/98 78.0 12.225 712.15
5100005015 52,000.00 51,811.18 02/04/98 12/19/12 178.16 04/01/98 78.5 12.225 582.97
5100005023 69,400.00 69,316.90 02/04/98 12/11/19 262.16 04/01/98 82.7 13.225 747.35
5100005031 30,900.00 30,647.38 02/04/98 12/26/07 118.16 04/01/98 84.5 11.750 405.03
5100005072 19,700.00 19,575.30 02/04/98 12/24/08 130.16 04/01/98 77.7 13.125 260.93
5100005130 45,500.00 45,113.72 02/04/98 12/26/07 118.16 04/01/98 68.3 11.100 580.82
5100005254 10,500.00 10,490.69 02/04/98 12/07/22 298.16 04/01/98 89.9 12.600 106.40
5100005262 98,345.00 98,017.35 02/04/98 12/19/12 178.16 04/01/98 80.0 13.125 1,155.91
5100005270 29,600.00 28,938.73 02/04/98 01/01/03 58.16 04/01/98 87.4 12.600 615.93
5100005288 65,200.00 65,087.86 02/04/98 12/13/17 238.16 04/01/98 84.0 12.630 689.24
5100005312 22,500.00 22,456.42 02/04/98 12/13/17 238.16 04/01/98 48.3 11.750 225.06
5100005387 34,400.00 34,259.85 02/01/98 12/16/12 178.00 03/28/98 65.6 11.000 360.86
5100005429 54,900.00 54,805.18 02/04/98 12/13/17 238.16 04/01/98 82.6 12.600 579.29
5100005437 32,100.00 31,543.19 02/04/98 12/31/03 70.16 04/01/98 80.4 12.625 588.80
5100005445 36,800.00 36,492.52 02/04/98 12/26/07 118.16 04/01/98 83.8 11.375 475.07
5100005486 80,000.00 79,953.94 02/04/98 12/01/27 358.16 04/01/98 68.6 11.625 738.31
5100005510 19,000.00 18,968.39 02/04/98 12/13/17 238.16 04/01/98 76.8 12.875 203.90
5100005528 43,700.00 43,329.54 02/04/98 12/26/07 118.16 04/01/98 78.6 11.125 558.41
5100005684 30,400.00 30,280.40 02/04/98 12/19/12 178.16 04/01/98 89.9 11.375 325.54
5100005734 14,100.00 13,980.47 03/06/98 01/25/08 119.24 05/01/98 59.1 11.125 180.17
5100005783 18,500.00 18,345.21 02/04/98 12/26/07 118.16 04/01/98 76.3 11.350 238.58
5100005833 49,300.00 48,804.47 02/04/98 12/27/06 106.16 04/01/98 84.9 11.125 668.60
5100005882 16,194.00 16,159.26 02/04/98 12/14/16 226.16 04/01/98 67.0 11.975 166.46
5100005890 30,800.00 30,747.71 03/01/98 01/13/13 179.00 03/28/98 84.8 12.875 357.33
5100005940 138,200.00 137,643.41 02/04/98 12/19/12 178.16 04/01/98 37.7 11.125 1,459.78
5100005973 37,500.00 37,427.62 03/06/98 01/12/18 239.24 05/01/98 81.9 11.775 375.69
5100005981 19,200.00 19,165.82 03/06/98 01/12/18 239.24 05/01/98 82.8 12.375 199.78
5100005999 45,500.00 45,326.78 03/06/98 01/18/13 179.24 05/01/98 89.2 11.725 496.60
5100006005 46,600.00 45,774.37 03/06/98 01/30/04 71.24 05/01/98 46.2 11.975 840.18
5100006039 45,100.00 44,929.11 03/06/98 01/18/13 179.24 05/01/98 88.3 11.775 493.56
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 23 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 5100006096 GROOMS KENNETH B 41 JANET ROAD NEWTON MA 2159
235-52 5100006104 PETTY DENNIS L 929 SOUTH PINKHAM ROAD VISALIA CA 93292
235-52 5100006229 BECERRA MARDELL LOUISE 10127 PESCADERO AVENUE SOUTH GATE CA 90280
235-52 5100006245 HAMILTON ALISON 1408 GRANVILLE ROAD WESTFIELD MA 1085
235-52 5100006252 BROWN FREDERICK D 6555 S SIMMONS DRIVE CLINTON WA 98236
235-52 5100006278 SCARPETE BILL 399 EUCALYPTUS AVE COTATI CA 94931
235-52 5100006351 THORNTON JEAN C 31 BROWN AVENUE WHITMAN MA 2382
235-52 5100006476 SHACKELFORD T GIL 4510 DEL REY AVENUE SAN JOSE CA 95111
235-52 5100006484 CARLSON GARY L 141 HEIDENRICH DRIVE TEWKSBURY MA 1876
235-52 5100006492 FELAND ELDON M 1459 STOKER WAY MANTECA CA 95336
235-52 5100006518 HISATA JOHN S 4012 MICHELLE COURT SE LACEY WA 98503
235-52 5100006526 KLAWITTER WILLIAM J 55 ALLEN HILL ROAD BROOKLYN CT 6234
235-52 5100006559 YANITY PETER V 531 MAIN STREET RIDGEFIELD CT 6877
235-52 5100006641 WRIGHT MICHAEL N 459 POOLE STREET LUDLOW MA 1056
235-52 5100006658 RIDDELL KAREN M 157 FAY ROAD NEW SALEM MA 1355
235-52 5100006666 CIRILLI PETER 9 TRUMBULL LANE FARMINGTON CT 6032
235-52 5100006674 VENDETTI EDMUND JR 48 VALLEY ROAD ASHLAND MA 1721
235-52 5100006708 MCMAHON THOMAS F 310 FOUR ROD ROAD KENSINGTON CT 6037
235-52 5100006724 MARTINEZ RUDY 328 REATA STREET SALINAS CA 93906
235-52 5100006740 HORGER CARL E JR 3 OLD COACH ROAD WHITMAN MA 2382
235-52 5100006781 ENGLUND WENDY L 4249 APRIL DRIVE WENATCHEE WA 98801
235-52 5100006831 TERENZI EDWARD P 424 WARE STREET MANSFIELD MA 2048
235-52 5100006880 JAMBARD RONALD W 11 LORI ANN LANE KENSINGTON CT 6037
235-52 5100006906 RAGAN TIMOTHY L 712 4TH AVENUE SEASIDE OR 97138
235-52 5100006922 CAVE DENNIS G 6005 99TH PLACE NORTHEAST MARYSVILLE WA 98270
235-52 5100007029 EDWARDS EVELYN G 7840 COLONIAL WAY CENTRAL POI OR 97502
235-52 5100007094 SANFILIPPO SANDRA 13 BENEDICT ROAD BETHEL CT 6801
235-52 5100007136 HARDER DONALD J 20640 KANDI COURT BEND OR 97701
235-52 5100007185 FALCONE CHRISTINE M 582 N MADISON RD GUILFORD CT 6437
235-52 5100007250 SCOTT MICHAEL E 88 CRESTVIEW AVENUE COLCHESTER CT 6415
235-52 5100007441 COSSELL JODI L 597 BISHOP HILL ROAD CHIMACUM WA 98325
235-52 5100007458 MANSKER CHRISTOPHE E 5519 NE ALBERTA STREET PORTLAND OR 97218
235-52 5100007466 STEPHENS ROBERT R 326 KAPOK STREET LYONS OR 97358
235-52 5300000006 KINDER LINDA J 1063 FOSTER ROAD NAPA CA 94558
235-52 5300000337 LIVAUDAIS THOMAS H 1561 LARKSPUR COURT OAKLEY CA 94561
235-52 5300000345 CANN-WOODE ROBERT E 2846 HOLLAND STREET SAN MATEO CA 94403
235-52 5300000584 SPOONER DANIEL A 32493 JOYCE WAY UNION CITY CA 94587
235-52 5300000667 PREY-WOLFE JANICE L 1360 COLUMBUS AVENUE BURLINGAME CA 94010
235-52 5300000709 CARVALHO MANUEL A 19345 EL CERRO WAY WATSONVILLE CA 95076
235-52 5300000717 PETERSON BEVERLY G 14502 STETSON ROAD LOS GATOS CA 95033
235-52 5300000816 NORTHINGTON DOUGLAS C 45 RICKEY PEAK ROAD BRIDGEPORT CA 93517
235-52 5300000824 OTA ALLAN Y 311 GRAYSON COURT MENLO PARK CA 94025
235-52 5300001079 MILNER LARRY ALLEN 4512 HACKETT AVENUE LAKEWOOD CA 90713
235-52 5300001095 GALLIANO NANETTE LOUISE 3652 ROSELAWN AVENUE GLENDALE CA 91208
235-52 5400000138 SNOWDEN JULIE 7658 SMITHS CREEK RD GOODELLS MI 48027
235-52 5400000187 WOLFE KENNETH L 491 TILTON DRIVE TECUMSEH MI 49286
235-52 5400000237 BANKS JAKE F 983 MILLER ROAD PLAINWELL MI 49080
235-52 5400000260 MCLEESE DAVID ALLEN 44600 72ND AV DECATUR MI 49045
235-52 5400000310 UGOROWSKI LEON A 4103 NEUMAN RD SAINT CLAIR MI 48079
235-52 5400000328 TARKER WILLIAM J 4732 STRAIT RD TRAVERSE CI MI 49684
235-52 5400000336 DOUGLASS CRAIG P 14063 S 4TH STREET SCHOOLCRAFT MI 49087
235-52 5400000351 PUTNAM MARY JO 16785 EDERER ROAD HEMLOCK MI 48626
235-52 5400000385 BARKER CLAUDE L 1850 BIRD RD ORTONVILLE MI 48462
235-52 5400000427 OTT DAVID LYNN 11053 LANGE ROAD BRIDGMAN MI 49106
235-52 5400000435 WALLS CHARLES J 3255 STANTON RD LAKE ORION MI 48362
235-52 5400000476 ULRICH CHARLENE 106 PETTIS AVE SE ADA MI 49301
235-52 5400000591 HASLEY BRIAN E 7900 LAPLAISANCE ST MONROE MI 48161
235-52 5400000609 PENA GABRIEL 303 W 12TH ST HOLLAND MI 49423
235-52 5400000625 HAZEN RODNEY L 789 SHADYBROOK DRIVE HOLLAND MI 49424
235-52 5400000633 SCHAAF DEAN A 2378 DAM ROAD WEST BRANCH MI 48661
235-52 5400000724 CORWIN CAROLYN K 211 HOME STREET EDMORE MI 48829
235-52 5400000914 MARTINEZ FREDERICK M 12265 ANTHONY DR SHELBY TWP MI 48315
235-52 5400000930 CALLAHAN JOSEPH 5610 BROCKWAY RD SAGINAW MI 48603
235-52 5400000948 METZGER JUDITH E 142 BASS LAKE ROAD SAND LAKE MI 49343
235-52 5400000955 SCHNEIDER DOUGLAS JOHN 1415 HANSEN STREET N MUSKEGON MI 49445
235-52 5400000963 LUKE LEROY 2606 SOUTH OUTER DRIVE SAGINAW MI 48601
235-52 5400001094 YODER EUGENE R 67591 SHIMMEL RD STURGIS MI 49091
235-52 5400001219 KELM KATHY J 1020 EAST E STREET IRON MOUNTA MI 49801
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5100006096 70,500.00 70,241.56 03/06/98 01/18/13 179.24 05/01/98 85.8 12.125 786.17
5100006104 21,100.00 21,100.00 03/01/98 01/20/08 119.00 03/01/98 79.8 14.475 307.94
5100006229 38,600.00 38,540.04 03/06/98 01/12/18 239.24 05/01/98 84.9 13.375 426.96
5100006245 50,580.00 49,842.89 01/04/98 11/26/06 105.14 03/28/98 82.4 11.875 705.50
5100006252 19,000.00 19,000.00 03/01/98 01/20/08 119.00 03/01/98 79.9 13.850 270.68
5100006278 73,400.00 72,378.38 03/06/98 01/28/05 83.24 05/01/98 52.6 12.490 1,213.57
5100006351 27,100.00 27,100.00 03/01/98 01/08/17 227.00 03/01/98 79.6 14.475 322.69
5100006476 48,500.00 48,500.00 03/01/98 01/20/08 119.00 03/01/98 89.9 12.350 651.27
5100006484 32,400.00 31,678.60 03/06/98 01/26/03 59.24 05/01/98 82.6 12.725 676.09
5100006492 34,000.00 33,811.27 04/06/98 02/17/10 144.16 06/01/98 89.8 12.625 424.10
5100006518 28,200.00 28,200.00 03/01/98 01/13/13 179.00 03/01/98 84.9 11.875 310.28
5100006526 30,913.00 30,711.02 03/01/98 01/13/13 179.00 03/28/98 84.8 12.975 360.52
5100006559 189,200.00 188,455.64 03/06/98 01/18/13 179.24 05/01/98 56.7 11.375 2,026.06
5100006641 31,225.00 31,111.30 03/01/98 01/20/08 119.00 03/28/98 77.0 13.625 440.96
5100006658 22,100.00 21,875.02 03/06/98 01/26/07 107.24 05/01/98 38.7 10.875 296.90
5100006666 70,300.00 69,721.07 03/06/98 01/25/08 119.24 05/01/98 53.8 11.625 916.82
5100006674 36,500.00 36,500.00 04/01/98 02/20/08 120.00 04/01/98 80.7 10.625 456.90
5100006708 51,600.00 51,388.47 03/01/98 01/20/08 119.00 03/28/98 86.1 11.625 672.95
5100006724 22,505.00 22,002.57 03/06/98 01/31/03 59.24 05/01/98 84.2 12.625 468.56
5100006740 30,500.00 30,382.82 03/01/98 01/20/08 119.00 03/28/98 81.5 12.725 415.73
5100006781 86,700.00 86,614.90 03/06/98 01/06/23 299.24 05/01/98 85.9 12.025 844.33
5100006831 45,200.00 45,152.64 03/01/98 01/07/18 239.00 03/28/98 35.5 11.125 434.17
5100006880 29,200.00 29,200.00 04/01/98 02/13/13 180.00 04/01/98 89.1 10.725 301.68
5100006906 99,265.00 99,086.96 03/06/98 01/06/23 299.24 05/01/98 74.6 8.500 737.77
5100006922 27,500.00 27,483.16 03/06/98 01/02/26 335.24 05/01/98 89.7 12.500 272.80
5100007029 33,980.00 33,939.37 02/04/98 12/07/22 298.16 04/01/98 62.3 10.900 305.14
5100007094 45,900.00 45,875.82 04/06/98 01/26/28 360.16 06/01/98 89.9 12.025 436.61
5100007136 74,892.00 74,892.00 04/01/98 02/07/18 240.00 04/01/98 86.4 11.225 724.11
5100007185 78,700.00 78,342.00 04/06/98 02/16/11 156.16 06/01/98 84.9 13.125 972.67
5100007250 93,500.00 93,500.00 04/01/98 02/07/18 240.00 04/01/98 69.7 8.500 748.92
5100007441 81,955.00 81,250.16 04/06/98 02/20/08 120.16 06/01/98 73.5 10.875 1,036.54
5100007458 44,400.00 44,400.00 04/01/98 02/20/08 120.00 04/01/98 86.4 11.375 573.19
5100007466 52,000.00 51,590.12 04/06/98 02/20/08 120.16 06/01/98 82.7 12.375 698.97
5300000006 15,396.00 15,263.59 01/04/98 11/25/07 117.14 03/01/98 77.4 10.875 194.72
5300000337 29,000.00 28,832.09 01/04/98 11/18/12 177.14 03/28/98 86.1 11.625 314.80
5300000345 67,400.00 66,387.21 01/04/98 11/26/06 105.14 03/28/98 82.7 11.275 919.25
5300000584 163,200.00 163,030.65 02/04/98 12/01/27 358.16 04/01/98 69.4 8.875 1,198.54
5300000667 247,900.00 247,635.54 02/04/98 12/06/23 310.16 04/01/98 49.5 10.890 2,208.32
5300000709 32,000.00 31,973.43 02/04/98 12/06/23 310.16 04/01/98 82.2 12.250 314.76
5300000717 185,200.00 184,879.22 02/04/98 12/07/22 298.16 04/29/98 50.6 11.125 1,690.90
5300000816 51,100.00 50,925.62 02/04/98 12/19/12 178.16 04/01/98 89.8 12.875 592.85
5300000824 43,967.00 43,934.46 02/04/98 12/02/26 346.16 04/01/98 79.9 11.000 388.23
5300001079 18,600.00 18,600.00 03/01/98 01/20/08 119.00 03/01/98 60.4 12.125 247.52
5300001095 248,500.00 247,922.79 03/06/98 01/12/18 239.24 05/01/98 82.8 10.375 2,270.68
5400000138 24,900.00 24,699.08 02/04/98 12/26/07 118.16 04/01/98 85.9 11.975 329.37
5400000187 52,300.00 51,942.91 02/04/98 12/24/08 130.16 04/01/98 89.0 11.975 659.49
5400000237 48,600.00 47,806.73 02/04/98 12/31/03 70.16 04/01/98 82.0 14.475 935.58
5400000260 37,400.00 37,247.26 02/04/98 12/19/12 178.16 04/01/98 80.6 10.975 391.79
5400000310 21,200.00 21,018.71 02/04/98 12/26/07 118.16 04/01/98 80.9 10.975 269.24
5400000328 32,700.00 32,303.18 02/04/98 12/28/05 94.16 04/01/98 67.5 10.975 473.64
5400000336 46,300.00 45,926.41 02/04/98 12/26/07 118.16 04/01/98 77.7 11.975 612.43
5400000351 30,356.00 29,648.11 02/04/98 01/01/03 58.16 04/01/98 75.6 10.975 608.73
5400000385 63,500.00 62,342.62 02/04/98 12/31/03 70.16 04/01/98 79.4 11.100 1,118.42
5400000427 28,800.00 28,697.89 02/04/98 12/19/12 178.16 04/01/98 69.3 12.475 327.18
5400000435 40,800.00 40,558.24 02/04/98 12/23/09 142.16 04/01/98 36.9 11.725 488.32
5400000476 50,400.00 50,194.16 03/06/98 01/18/13 179.24 05/01/98 84.6 10.975 527.98
5400000591 11,200.00 11,182.25 03/06/98 01/12/18 239.24 05/01/98 71.2 13.225 122.77
5400000609 43,000.00 42,928.71 02/04/98 12/13/17 238.16 04/01/98 87.8 12.900 462.16
5400000625 21,839.00 21,342.97 02/04/98 01/01/03 58.16 04/01/98 90.0 11.975 448.05
5400000633 21,600.00 21,109.41 03/06/98 01/31/03 59.24 05/01/98 71.4 11.975 443.14
5400000724 19,740.00 19,562.04 03/06/98 01/26/07 107.24 05/01/98 85.0 13.225 289.35
5400000914 25,400.00 25,203.88 03/06/98 01/25/08 119.24 05/01/98 78.9 12.725 346.21
5400000930 23,800.00 23,763.55 03/06/98 01/12/18 239.24 05/01/98 82.8 13.475 264.83
5400000948 22,400.00 22,382.72 03/06/98 01/03/25 323.24 05/01/98 73.2 11.975 214.94
5400000955 23,700.00 23,469.02 03/06/98 01/26/07 107.24 05/01/98 86.1 11.725 328.73
5400000963 12,700.00 12,417.23 03/06/98 01/31/03 59.24 05/01/98 37.1 12.725 265.01
5400001094 15,700.00 15,580.54 03/06/98 01/25/08 119.24 05/01/98 82.5 12.975 216.13
5400001219 32,800.00 32,706.50 03/06/98 01/18/13 179.24 05/01/98 80.8 14.725 418.01
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 24 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 5400001441 TINDLE ROBERT E 3046 MCKINLEY STREET KALAMAZOO MI 49004
235-52 5700000002 MUELLER ARDEN O 73 NORTH DUTCH VALLEY ROAD BENNETT CO 80102
235-52 5700000036 HILL DENICE M 6025 S MEADOW LARK PL CASTLE ROCK CO 80104
235-52 5700000044 HARRIS MAC K 331 CHEYENNE STREET FORT MORGAN CO 80701
235-52 5700000051 HITT MADELYN E 2810 COUNTRY CLUB CIRCLE CO SPRINGS CO 80909
235-52 5700000093 JONES JOHNNIE F 240 NORSE STREET GOLDEN CO 80401
235-52 5700000119 BOYER ANGELINA R 545 SOUTH LINCOLN STREET DENVER CO 80209
235-52 5700000168 FALASCHETTI DIANE 19419 N 14TH PLACE PHOENIX AZ 85024
235-52 5700000200 RANUM LEANNE G 1818 SOUTH UTICA STREET DENVER CO 80219
235-52 5700000598 LUMLEY CHERYL MARIE 4026 E HOLMES STREET TUCSON AZ 85711
235-52 800413114 MONTROY JAMES P 6356 LACEY ROAD BELLEVUE MI 49021
235-52 800415887 MASON ROBERT A 2070 101ST AVENUE OTSEGO MI 49078
235-52 800422396 ROBBINS RODNEY K 1913 MAPLEVIEW STREET SE KENTWOOD MI 49508
235-52 800447146 HALVERSON STEVEN D 373 YOKEKO DRIVE ANACORTES WA 98221
235-52 800461865 MAY MICHAEL 3078 ALEXANDER COURT SAINT MARYS GA 31558
235-52 800462814 RAGLAND MOSES 3319 URBAN AVE COLUMBUS GA 31907
235-52 800468118 ESPER RODNEY E III 4529 NORTH 12TH AVENUE ST PETERSBU FL 33713
235-52 800530081 MOBERG DEAN W 5801 89TH AVENUE SE OLYMPIA WA 98513
235-52 800533127 LEIST JULIE A 324 BAHIA BLANCA DRIVE PUNTA GORDA FL 33952
235-52 800546137 CHAMBERS MARY ANN 1708 MINER AVENUE SAN PABLO CA 94806
235-52 800546202 NAGY SUSAN LEE 24321 GOPHER RUN OAK RUN CA 96069
235-52 800569709 ESCOBAR NAPOLEON JR 170 READVILLE STREET HYDE PARK MA 2136
235-52 800575011 SCHMIDT JOHN V 2910 S 42ND AVENUE YAKIMA WA 98903
235-52 800575557 AMBRIOLA MARK J 52685 CHICKADEE LANE IDYLLWILD CA 92549
235-52 800586786 SANTRIZOS ISMENE G 640 TARRAGON DRIVE SAN RAFAEL CA 94903
235-52 800589426 ODELL DON 10612 GOLD CUP LANE BAKERSFIELD CA 93312
235-52 800590291 VANGRONINGEN BOB 20677 KEELEY DRIVE SONORA CA 95370
235-52 800593543 ORTON DAVID R 1912 WINGSTONE DRIVE BAKERSFIELD CA 93307
235-52 5000000355 POPEJOY LINDA F 9280 SW 38TH AVENUE OCALA FL 34476
235-52 5100000032 BEUGLI RICHARD R 315 TUDOR STREET ASHLAND OR 97520
235-52 5100000578 MILES TERRY L 1323 JASPER STREET MEDFORD OR 97501
235-52 5100001923 GARRISON MILLER A 3121 SW CHAMPLAIN DRIVE PORTLAND OR 97201
235-52 5100003010 VOGT GLEN C 959 S NECTARINE STREET CORNELIUS OR 97113
235-52 5100003713 WINGATE JIMMY LEE 1595 KATHY STREET EMMETT ID 83617
235-52 5100003796 RYAN THOMAS E 7501 148TH STREET EAST PUYALLUP WA 98373
235-52 5100003861 ATLANSKY JERRY M 1513 BEVERLY DRIVE ARCATA CA 95521
235-52 5100003937 LIANG KAR SHENG 16545 SW ELLERSON STREET BEAVERTON OR 97007
235-52 5100003952 WOODBURY GORDON A 525 S 9TH STREET ST HELENS OR 97051
235-52 5100003960 MCBETH ALFORD DARREL 9695 MCBETH ROAD MONMOUTH OR 97361
235-52 5100003986 MADSON WALTER J 22525 50TH AVENUE SE BOTHELL WA 98021
235-52 5100003994 BRANSON LARRY DAVID 2808 KENMAR ROAD FORTUNA CA 95540
235-52 5100004034 FIELD-FOGG JOANN 4137 SOUTH WASHINGTON ROAD TURLOCK CA 95380
235-52 5100004042 FINIFROCK DAVID E 8521 NORTHEAST RENNEY LANE BAINBRIDGE WA 98110
235-52 5100004067 NAKAYAMA PAULA M 1743 RAYMOND DRIVE IDAHO FALLS ID 83402
235-52 5100004083 LAVIOLETTE BECKE-ANN 61 CODY LANE SUNNYSIDE WA 98944
235-52 5100004091 KABZA CRYSTAL D 5815 N AMHERST STREET PORTLAND OR 97203
235-52 5100004133 SARGENT BILL 573 CLOVER LANE ROSEBURG OR 97470
235-52 5100004141 RODGERS PAUL D 374 QUINCY ST TWIN FALLS ID 83301
235-52 5100004158 HANLON EDWARD A JR 192 POND STREET E BRIDGEWAT MA 2333
235-52 5100004166 NEWMAN MAUREEN CATHERINE 6325 183RD PL SW LYNNWOOD WA 98037
235-52 5100004182 SCHORLEMER SUSAN E 9750 RAVENNA AVENUE NE SEATTLE WA 98115
235-52 5100004323 ORGILL PETE E 5208 WEST LINCOLN AVENUE YAKIMA WA 98908
235-52 5100004547 KELLY KEVIN M 240 N BELLEVUE AVE WALLA WALLA WA 99362
235-52 5100005759 MARTIN JOE MELVIN 1316 N ORCHID STREET LOMPOC CA 93436
235-52 5100005924 BOULANGER RICHARD C 115 BROAD COVE STREET SOMERSET MA 2726
235-52 5100005957 KELLEY KENNETH W 4161 DRESSER RD YUBA CITY CA 95993
235-52 5100006047 SWANWICK THOMAS P 154 DEAN STREET S EASTON MA 2375
235-52 5100006054 SHIPTON R KEITH 3945 RIO VISTA WAY KLAMATH FAL OR 97603
235-52 5100006070 BENNETT DOUG 1760 MONTGOMERY DRIVE VISTA CA 92084
235-52 5100006088 NEWBERG DAVID A 1A PUNCHBOWL DRIVE WESTPORT CT 6880
235-52 5100006195 DYKSTRA SANDRA V 2201 EAST FIR MT VERNON WA 98273
235-52 5100006260 PAGANO CHARLES F 27 SKINNER ROAD BERLIN CT 6037
235-52 5100006369 BROWN RICHARD E 34 PASHO STREET ANDOVER MA 1810
235-52 5100006534 BARTLEY ROBERT M 4614 NE 116TH AVENUE PORTLAND OR 97220
235-52 5100006757 FRIES MICHAEL J 14830 SATURN STREET POCATELLO ID 83202
235-52 5100006815 LAGOR GENE A 99 KINGS HIGHWAY MILFORD CT 6460
235-52 5100006823 LAGOR GENE A 99 KINGS HIGHWAY MILFORD CT 6460
235-52 5100006997 WILSON SHAYNE M 73 REDWOOD ROAD MANCHESTER CT 6040
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5400001441 23,762.00 23,721.65 04/06/98 02/07/18 240.16 06/01/98 84.8 12.725 252.67
5700000002 102,300.00 102,101.79 03/06/98 01/07/22 287.24 05/01/98 54.7 8.625 777.50
5700000036 29,100.00 28,909.62 03/06/98 01/23/09 131.24 05/01/98 79.3 12.625 377.34
5700000044 91,900.00 91,008.19 03/06/98 01/25/08 119.24 05/01/98 68.0 8.750 1,062.97
5700000051 30,000.00 29,730.64 03/06/98 01/25/08 119.24 05/01/98 51.1 10.125 367.81
5700000093 49,500.00 49,500.00 04/01/98 02/07/18 240.00 04/01/98 79.0 10.275 449.25
5700000119 34,500.00 34,221.86 03/06/98 01/25/08 119.24 05/01/98 82.9 11.990 456.63
5700000168 22,800.00 22,800.00 04/01/98 02/01/23 300.00 04/01/98 84.8 11.900 220.10
5700000200 38,800.00 38,800.00 04/01/98 02/16/11 156.00 04/01/98 86.7 10.375 418.99
5700000598 49,600.00 49,437.39 04/06/98 02/08/17 228.16 06/01/98 45.9 8.500 405.35
800413114 31,300.00 31,095.50 01/04/98 11/20/11 165.14 03/28/98 76.3 11.875 353.46
800415887 18,200.00 18,065.51 01/04/98 11/20/11 165.14 03/28/98 58.8 10.875 195.08
800422396 34,900.00 34,799.85 01/04/98 11/12/17 237.14 03/28/98 88.4 11.875 351.88
800447146 63,954.00 63,721.78 01/04/98 11/18/12 177.14 03/01/98 66.2 12.225 716.98
800461865 14,300.00 14,252.36 01/04/98 11/18/12 177.14 03/01/98 88.8 13.125 168.08
800462814 18,620.00 18,382.21 01/04/98 11/25/07 117.14 03/28/98 66.5 11.125 237.93
800468118 12,115.00 11,972.03 01/04/98 11/25/07 117.14 03/28/98 85.0 12.490 163.60
800530081 32,900.00 32,630.63 03/06/98 01/25/08 119.24 05/01/98 88.6 11.725 430.81
800533127 23,900.00 23,748.72 03/06/98 01/23/09 131.24 05/01/98 79.9 13.125 316.56
800546137 24,800.00 24,557.04 03/06/98 01/26/07 107.24 05/01/98 88.3 11.625 342.71
800546202 51,900.00 51,789.27 03/06/98 01/12/18 239.24 05/01/98 68.5 11.025 495.26
800569709 30,000.00 29,874.30 03/01/98 01/20/08 119.00 03/28/98 79.9 11.250 385.32
800575011 32,300.00 32,279.04 03/01/98 01/07/18 239.00 03/28/98 79.8 14.625 384.34
800575557 23,500.00 23,312.03 03/06/98 01/25/08 119.24 05/01/98 89.9 12.125 312.73
800586786 99,500.00 99,397.92 04/06/98 02/01/23 300.16 06/01/98 84.6 11.775 952.05
800589426 20,000.00 19,552.01 04/06/98 02/26/03 60.16 06/01/98 84.9 12.500 415.23
800590291 159,000.00 158,862.61 04/06/98 02/01/23 300.16 06/01/98 84.6 12.740 1,626.56
800593543 28,250.00 28,010.50 04/06/98 02/20/08 120.16 06/01/98 89.9 11.125 360.99
5000000355 78,400.00 77,989.42 01/04/98 11/13/16 225.14 03/28/98 80.0 7.990 617.88
5100000032 39,562.00 39,007.25 01/04/98 11/26/06 105.14 03/28/98 77.7 12.625 567.34
5100000578 39,800.00 39,443.98 01/04/98 11/26/06 105.14 03/01/98 84.6 13.375 586.58
5100001923 271,987.00 271,798.41 01/04/98 10/31/27 357.14 03/01/98 79.9 10.775 2,348.26
5100003010 17,500.00 17,363.06 01/04/98 11/25/07 117.14 03/01/98 88.2 12.500 236.41
5100003713 21,410.00 21,131.06 01/04/98 11/25/07 117.14 03/28/98 64.9 10.775 269.67
5100003796 9,065.00 8,978.48 01/04/98 11/23/08 129.14 03/28/98 80.8 13.125 120.07
5100003861 44,486.00 44,132.26 01/04/98 11/25/07 117.14 03/01/98 76.4 12.225 594.38
5100003937 36,600.00 36,434.85 01/04/98 11/21/10 153.14 03/01/98 83.8 13.225 454.49
5100003952 24,100.00 23,758.13 01/04/98 11/28/04 81.14 03/01/98 82.6 12.000 392.61
5100003960 20,300.00 20,049.56 01/04/98 11/25/07 117.14 03/28/98 36.4 11.725 265.82
5100003986 273,100.00 272,966.87 01/04/98 10/31/27 357.14 03/01/98 78.0 12.375 2,665.95
5100003994 26,600.00 26,501.10 01/04/98 11/18/12 177.14 03/01/98 35.1 11.975 294.25
5100004034 35,200.00 34,901.59 01/04/98 11/25/07 117.14 03/01/98 57.8 11.125 449.80
5100004042 52,095.00 51,797.57 01/04/98 11/18/12 177.14 03/28/98 89.7 11.775 570.11
5100004067 51,000.00 50,794.62 01/04/98 11/18/12 177.14 03/28/98 71.9 11.125 538.70
5100004083 27,700.00 27,652.33 01/04/98 11/12/17 237.14 03/01/98 83.7 12.625 292.73
5100004091 18,500.00 18,066.33 01/04/98 12/01/02 57.14 03/01/98 75.3 10.775 369.28
5100004133 14,300.00 14,274.10 01/04/98 11/12/17 237.14 03/01/98 89.3 12.250 147.64
5100004141 14,100.00 14,075.78 01/04/98 11/12/17 237.14 03/01/98 84.5 12.640 149.15
5100004158 28,500.00 28,416.34 01/01/98 11/10/16 225.00 03/26/98 84.9 12.725 306.62
5100004166 40,200.00 40,057.80 01/04/98 11/18/12 177.14 03/01/98 66.4 12.500 457.30
5100004182 55,700.00 55,598.79 01/04/98 11/12/17 237.14 03/01/98 69.0 12.225 574.16
5100004323 36,600.00 36,298.60 01/04/98 11/25/07 117.14 03/01/98 74.1 11.625 477.32
5100004547 61,900.00 61,201.23 01/04/98 11/22/09 141.14 03/28/98 63.1 8.375 630.21
5100005759 34,884.00 34,592.53 03/06/98 01/25/08 119.24 05/01/98 78.8 11.375 450.34
5100005924 57,100.00 57,100.00 03/01/98 01/20/08 119.00 03/01/98 81.4 11.625 744.67
5100005957 38,000.00 37,165.09 03/06/98 01/31/03 59.24 05/01/98 79.9 13.225 801.92
5100006047 29,200.00 28,848.00 03/06/98 01/27/06 95.24 05/01/98 73.2 11.125 425.13
5100006054 25,500.00 25,280.68 03/06/98 01/25/08 119.24 05/01/98 61.1 10.875 322.52
5100006070 23,000.00 22,805.03 03/06/98 01/25/08 119.24 05/01/98 79.0 11.125 293.90
5100006088 44,600.00 44,377.48 03/06/98 01/21/11 155.24 05/01/98 63.6 11.975 521.58
5100006195 17,075.00 17,075.00 03/01/98 01/20/08 119.00 03/01/98 89.3 11.275 219.53
5100006260 96,200.00 95,838.92 03/06/98 01/18/13 179.24 05/01/98 89.4 11.875 1,058.47
5100006369 17,900.00 17,900.00 04/01/98 02/20/08 120.00 04/01/98 82.4 11.375 231.08
5100006534 45,600.00 45,600.00 03/01/98 01/20/08 119.00 03/01/98 89.6 11.625 594.70
5100006757 62,800.00 62,800.00 04/01/98 02/13/13 180.00 04/01/98 69.0 8.875 583.58
5100006815 124,704.00 124,346.10 03/06/98 01/12/18 239.24 05/01/98 69.2 8.725 1,015.31
5100006823 20,700.00 20,650.97 03/06/98 01/12/18 239.24 05/01/98 80.7 10.225 187.23
5100006997 28,700.00 28,592.01 03/06/98 01/18/13 179.24 05/01/98 60.4 11.850 315.36
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 25 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 5100007193 HOURIHAN DONALD J 8 GREENE STREET N READING MA 1864
235-52 5100007243 HAVAS GEORGE J SR 10 JOTHAM ROAD NEW MILFORD CT 6776
235-52 5100007276 TUCKER JOHN B 2113 SOMMER STREET NAPA CA 94559
235-52 5100007292 STRINGER JOHN M 16943 GREENTREE AVENUE LAKE OSWEGO OR 97034
235-52 5300000089 WINSTED CAROL A 6785 FLANDERS DRIVE NEWARK CA 94560
235-52 5300000139 BANKS LESLIE R 2771 HARRISBURG AVENUE FREMONT CA 94536
235-52 5300000147 FRANKLIN HERBERT 2601 CENTER ROAD NOVATO CA 94947
235-52 5300000170 OLSON JOYCE A 5085 EUCALYPTUS CIRCLE CYPRESS CA 90630
235-52 5300000188 WELSH ROBERT A 4558 MOHR AVENUE PLEASONTON CA 94566
235-52 5300000196 WOLFE GARY K 14 BUTTERNUT LANE IRVINE CA 92612
235-52 5300000204 HOLMES GILLIAN SUE 3450 SADDLE DRIVE HAYWARD CA 94541
235-52 5300000246 BAUTISTA ROSA M 305 SOUTH CANADA STREET SANTA BARBA CA 93103
235-52 5300000279 KOLESZAR CHARLES E 5161 VERA LANE SAN JOSE CA 95111
235-52 5300000774 LINNANE PATRICIA ANN 13 PROVINCETOWN CIRCLE SALINAS CA 93906
235-52 5300000949 REDEMER RICHARD A 9032 COKER ROAD SALINAS CA 93907
235-52 5300000964 NIEVES PATRICIA D 7874 BLANCHARD AVENUE FONTANA CA 92336
235-52 5300001061 GOFORTH WILLIAM E 2842 ASHBY AVENUE BERKELEY CA 94705
235-52 5300001087 FRIPP ELAINE HUE 4009 BALFOUR AVENUE OAKLAND CA 94610
235-52 5300001186 HUGHES JO AN E 2375 PATRICIA DRIVE SANTA CLARA CA 95050
235-52 5400001060 ROBERTS KATHLEEN L 204 CHURCH STREET MILAN MI 48160
235-52 5400001144 SMITH KATHALENE E 1202 BOSTON AVENUE FLINT MI 48503
235-52 5400001151 CARTER REBECCA M 21097 NORTH AVE BATTLE CREE MI 49017
235-52 5400001524 BROWER SANDRA K 850 MYRTLE STREET NW GRAND RAPID MI 49504
235-52 800529604 BRANDALICK JAMES 4 PAGE STREET MIFLORD CT 6460
235-52 800575375 GARZA PONCIANO JR 3289 MCCOY ROAD COLUSA CA 95932
235-52 800590275 BAKER ROBERT W 1108 CORTEZ AVENUE BURLINGAME CA 94010
235-52 800598393 SIDENER THOMAS F 3301 NEAMAR DRIVE GRANTS PASS OR 97527
235-52 800608580 ELLIS RICHARD CARLTON 4781 EAST TEAGUE CLOVIS CA 93611
235-52 800611931 EDDINGTON MAXINE 625 DEL MAR DRIVE BAKERSFIELD CA 93307
235-52 800624348 SHANNON LINDA S 490 S 7TH ST LEBANON OR 97355
235-52 800624678 BAKER ROBERT W 1108 CORTEZ AVENUE BURLINGAME CA 94010
235-52 800634875 BABCOCK TERRY L 24332 GARCIELA MISSION VIE CA 92692
235-52 5100005791 REPPUCCI ARNOLD N 11 MALLORY STREET CHELMSFORD MA 1863
235-52 5100006427 CHAMBLISS EFFIE 4230 MYRRH STREET COMPTON CA 90221
235-52 5100007037 WILSON GORDON C 12155 KENT AVE OROFINO ID 83544
235-52 5100007128 NORMAN-BOUDR KAREN 2610 MEIER ROAD SEBASTOPOL CA 95472
235-52 5100007318 SORDILLO JOHN F 28 REDMOND AVENUE N READING MA 1864
235-52 5100007375 ERICKSON LIEF WOO 132 COPPER CREEK RD WOODLAND WA 98674
235-52 5100007391 MEDINA SUSAN A 81 BRIDGE STREET MEDFIELD MA 2052
235-52 5100007409 KRETER STEPHEN W 109 CANNON ROAD WILTON CT 6897
235-52 5100007573 TOLAND KATHLEEN E 1217 N 22ND AVENUE YAKIMA WA 98902
235-52 5100007581 RAUSCHNING MARY H 380 SW 150TH AVENUE BEAVERTON OR 97006
235-52 5100013142 TREVILLIAN RONALD J 4825 N BEAVER CREEK ROAD SEAL ROCK OR 97376
235-52 5100013159 PRYOR ROBERT D 234 BENSON CREEK DRIVE TWISP WA 98856
235-52 5100013167 DAHLEN ROY A 3318 E 30TH AVENUE SPOKANE WA 99223
235-52 5100013217 KWOCK TERRY 641 GRANT DRIVE CHOWCHILLA CA 93610
235-52 5100013241 DAY LAWRENCE E 9 HURD BRIDGE ROAD CLINTON CT 6413
235-52 5100013258 SANDERS LINDA A 202 SOOTER RD UNDERWOOD WA 98651
235-52 5100013308 UNDERHILL WALTER H 33 AVERY LANE ANDOVER MA 1810
235-52 5100013357 WATT MARK A 4217 E 26TH AVENUE SPOKANE WA 99223
235-52 5100013464 ROONEY MICHAEL R 11 JOSIAH DRIVE UPTON MA 1568
235-52 5100013506 WELCH JOHN S 71 BOSTON ROCK ROAD MELROSE MA 2176
235-52 5300003356 ORTIZ ROBERT P 4035 SMITH AVENUE ACTON CA 93510
235-52 5300003703 MARTIN WAYNE 292 CENTER STREET RIO DELL CA 95562
235-52 5400000831 LANGTON LARRY 2241 GLEN ECHO DRIVE GRAND RAPID MI 49546
235-52 5400001615 LAJINESS THOMAS H 1028 MILLER ROAD KALAMAZOO MI 49001
235-52 5400001656 ERWIN JACK E 13521 ALLMAN ROAD CONCORD MI 49237
235-52 5400002589 MAKOWSKI ANNETTA L 1141 N MANISTEE RIVER ROAD GRAYLING MI 49738
235-52 5400002605 TRASKOS DIANE 44077 WILLIS RD BELLEVILLE MI 48111
235-52 5400002647 SHELDON SCOTT R 1731 REDSTOCK AVE PORTAGE MI 49024
235-52 5400002704 CURTIS WAYNE 3868 STATE ROAD FT GRATIOT MI 48059
235-52 5600000003 KIERNS KENNETH R 3592 FERRELL PLACE COLUMBUS OH 43204
235-52 5600000045 JORDAN MARY M 2408 LOST CREEK BOULEVARD LIMA OH 45804
235-52 5700000218 SCHAPPAUGH ROBYN P 1212 MACLAUGHLIN COURT DACONO CO 80514
235-52 5700000242 BAKER RUTH 3030 S SIERRA VILLAS DRIVE TUCSON AZ 85713
235-52 5700000259 HALEY H ROBERT 612 LAKE AVE PUEBLO CO 81004
235-52 5700000267 COLBY ROBERT REES 350 BIRCH AVENUE BRIGHTON CO 80601
235-52 5700000606 SERNA JUAN A 1420 N 18TH ST GRAND JUNCT CO 81501
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5100007193 42,475.00 42,475.00 04/01/98 02/03/21 276.00 04/01/98 89.9 12.100 421.77
5100007243 100,100.00 99,723.39 04/06/98 02/13/13 180.16 06/01/98 86.7 11.850 1,099.90
5100007276 31,000.00 31,000.00 04/01/98 02/20/08 120.00 04/01/98 68.0 11.725 405.93
5100007292 26,105.00 25,878.55 04/06/98 02/20/08 120.16 06/01/98 77.9 10.725 328.13
5300000089 100,400.00 99,958.72 01/04/98 11/17/13 189.14 03/28/98 52.8 8.875 905.31
5300000139 53,500.00 52,806.93 01/04/98 11/25/07 117.14 03/28/98 71.5 10.875 676.65
5300000147 70,313.00 68,669.01 01/04/98 12/01/02 57.14 03/01/98 66.7 10.875 1,406.77
5300000170 41,300.00 41,129.75 01/04/98 11/18/12 177.14 03/01/98 68.3 10.875 430.26
5300000188 67,800.00 67,385.57 01/04/98 11/20/11 165.14 03/28/98 87.8 12.640 796.03
5300000196 51,200.00 51,111.87 01/04/98 11/12/17 237.14 03/28/98 82.8 12.625 541.08
5300000204 17,168.00 16,967.00 01/04/98 11/25/07 117.14 03/28/98 89.9 12.625 233.08
5300000246 20,900.00 20,826.95 01/04/98 11/18/12 177.14 03/01/98 75.3 12.625 239.32
5300000279 47,800.00 47,709.18 01/04/98 11/07/21 285.14 03/01/98 20.3 8.750 366.99
5300000774 29,000.00 28,816.44 02/04/98 12/24/08 130.16 04/01/98 84.5 13.125 384.11
5300000949 35,000.00 34,957.22 03/06/98 01/08/21 275.24 05/01/98 84.7 12.240 350.83
5300000964 34,500.00 34,325.11 03/06/98 01/21/11 155.24 05/01/98 89.7 11.775 399.54
5300001061 373,800.00 372,931.75 03/06/98 01/12/18 239.24 05/01/98 78.6 10.375 3,415.61
5300001087 322,000.00 321,843.04 03/06/98 12/31/27 359.24 05/01/98 82.5 12.375 3,143.30
5300001186 92,000.00 91,638.04 03/06/98 01/18/13 179.24 05/01/98 79.2 11.375 985.19
5400001060 19,100.00 19,084.80 03/06/98 01/05/24 311.24 05/01/98 73.0 12.475 190.85
5400001144 36,900.00 36,039.50 04/06/98 02/26/03 60.16 06/01/98 66.9 10.975 739.96
5400001151 24,400.00 24,203.12 04/06/98 02/20/08 120.16 06/01/98 81.4 11.975 322.75
5400001524 21,800.00 21,634.14 04/06/98 02/20/08 120.16 06/01/98 82.4 12.975 300.10
800529604 29,300.00 29,184.73 02/04/98 12/19/12 178.16 04/01/98 89.0 11.375 313.76
800575375 31,500.00 31,214.50 04/06/98 02/21/07 108.16 06/01/98 84.7 13.125 460.06
800590275 308,000.00 307,680.40 04/06/98 01/31/28 360.16 06/01/98 69.0 8.875 2,261.95
800598393 30,757.00 30,757.00 04/01/98 02/07/18 240.00 04/01/98 57.0 10.975 292.54
800608580 36,100.00 35,957.98 04/06/98 02/18/13 180.16 06/01/98 84.0 11.375 386.58
800611931 17,900.00 17,900.00 04/01/98 02/17/10 144.00 04/01/98 83.6 11.625 213.25
800624348 17,180.00 16,800.01 04/06/98 02/26/03 60.16 06/01/98 81.9 12.975 360.52
800624678 90,000.00 89,938.93 04/06/98 01/31/28 360.16 06/01/98 89.2 10.875 783.29
800634875 28,900.00 28,791.53 04/06/98 02/13/13 180.16 06/01/98 89.9 11.875 317.98
5100005791 63,700.00 63,431.26 04/06/98 02/13/13 180.16 06/01/98 84.1 10.625 654.45
5100006427 34,600.00 34,541.45 04/06/98 02/07/18 240.16 06/01/98 89.3 12.750 368.48
5100007037 28,965.00 28,868.44 03/01/98 01/13/13 179.00 03/28/98 86.0 11.375 310.17
5100007128 78,970.00 78,849.00 04/06/98 02/07/18 240.16 06/01/98 79.3 13.475 878.74
5100007318 28,500.00 28,081.46 04/06/98 02/23/05 84.16 06/01/98 75.9 11.100 451.73
5100007375 82,800.00 82,800.00 04/01/98 02/17/10 144.00 04/01/98 89.8 11.900 999.06
5100007391 41,505.00 41,330.98 04/06/98 02/21/11 156.16 06/01/98 75.3 14.125 537.51
5100007409 111,900.00 111,900.00 04/01/98 02/20/08 120.00 04/01/98 39.1 10.125 1,371.92
5100007573 68,100.00 67,505.82 04/06/98 02/20/08 120.16 06/01/98 58.1 10.625 852.47
5100007581 30,000.00 29,938.91 04/06/98 02/07/18 240.16 06/01/98 77.5 11.375 292.91
5100013142 68,700.00 68,700.00 04/01/98 02/07/18 240.00 04/01/98 72.4 10.875 649.12
5100013159 51,300.00 50,858.79 04/06/98 02/25/08 120.16 06/01/98 78.4 10.875 648.83
5100013167 29,450.00 29,348.04 04/06/98 02/13/13 180.16 06/01/98 82.1 12.725 339.00
5100013217 12,410.00 12,399.25 04/06/98 02/01/23 300.16 06/01/98 84.2 12.725 126.82
5100013241 68,500.00 68,500.00 04/01/98 02/01/23 300.00 04/01/98 54.8 8.850 524.11
5100013258 27,800.00 27,553.94 04/06/98 02/20/08 120.16 06/01/98 68.3 10.375 344.41
5100013308 86,080.00 85,983.54 04/06/98 02/02/22 288.16 06/01/98 61.4 11.990 841.93
5100013357 25,300.00 25,171.76 04/06/98 02/21/11 156.16 06/01/98 84.0 11.775 292.99
5100013464 35,700.00 35,403.68 04/06/98 02/25/08 120.16 06/01/98 75.7 11.490 463.04
5100013506 239,000.00 238,803.22 04/06/98 01/26/28 360.16 06/01/98 79.6 9.975 1,931.88
5300003356 44,100.00 43,747.26 04/06/98 02/20/08 120.16 06/01/98 82.0 12.125 586.87
5300003703 65,200.00 65,083.08 04/06/98 02/06/23 300.16 06/01/98 74.9 8.500 484.58
5400000831 57,600.00 57,200.26 04/06/98 02/23/09 132.16 06/01/98 62.3 11.725 718.48
5400001615 52,000.00 51,834.46 04/06/98 02/13/17 228.16 06/01/98 67.5 8.750 432.48
5400001656 35,000.00 34,968.22 04/06/98 02/02/22 288.16 06/01/98 74.0 13.225 371.87
5400002589 15,800.00 15,637.91 04/06/98 02/26/07 108.16 06/01/98 78.8 10.725 211.06
5400002605 87,700.00 86,928.20 04/06/98 02/25/08 120.16 06/01/98 48.7 10.475 1,091.01
5400002647 31,700.00 31,507.86 04/06/98 02/22/10 144.16 06/01/98 89.5 11.410 373.88
5400002704 92,500.00 91,723.93 04/06/98 02/23/09 132.16 06/01/98 68.0 8.751 1,009.40
5600000003 14,200.00 14,138.69 04/06/98 02/13/13 180.16 06/01/98 78.5 10.375 143.86
5600000045 24,900.00 24,679.61 04/06/98 02/20/08 120.16 06/01/98 73.2 10.375 308.48
5700000218 22,500.00 22,350.35 04/06/98 02/18/09 132.16 06/01/98 74.4 12.375 288.65
5700000242 52,800.00 52,730.89 04/06/98 02/01/23 300.16 06/01/98 80.0 10.375 455.80
5700000259 23,300.00 23,056.69 04/06/98 02/21/07 108.16 06/01/98 55.5 10.375 307.12
5700000267 45,800.00 45,800.00 04/01/98 02/20/08 120.00 04/01/98 83.2 10.875 579.27
5700000606 53,400.00 53,230.01 04/06/98 02/08/17 228.16 06/01/98 65.1 8.750 444.13
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 26 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 5700000614 FOX LEROY H 5751 W GERONIMO STREET CHANDLER AZ 85226
235-52 5700000630 HORIE WILLIAM J 1440 N CAMINO MATEO ROAD TUCSON AZ 85745
235-52 661541003 PATTERSON CHARLES P 824 WEST GERMAN STREET HERKIMER NY 13350
235-52 661555284 BRAUNE JANICE K 2814 RUDOLPH RD EAU CLAIRE WI 54701
235-52 661558270 DICKINSON CAROL 303 EAST BATES STREET HEBRON IN 46341
235-52 661560334 EISENSCHENK DANIEL G 2196 246TH STREET ST CLOUD MN 56301
235-52 661562132 CHAPMAN JACKSON L 6554 FAIRVEIW PORTAGE IN 46368
235-52 661566463 MILLER NATHAN D 58609 BROADWAY BLVD ELKHART IN 46516
235-52 661571653 BENDELE PATRICK 1311 DUNDEE DRIVE NEW HAVEN IN 46774
235-52 661571760 KING GORDON P 709 CHICORY ROAD BURLINGTON WI 53105
235-52 661575829 WATSON DOROTHY KAREN 630 E WASHINGTON CENTER RD FT WAYNE IN 46825
235-52 661576132 SMILEY CLYDE ALLEN 1009 NORTH SEXTON STREET RUSHVILLE IN 46173
235-52 661576447 CLEMENTS PHILIP J 205 N MILL STREET WEST SALEM WI 54669
235-52 661576512 VANDERMOLEN JEFFREY S 1670 THORNTON DRIVE OSHKOSH WI 54904
235-52 661579615 DRAUGHON ANTHONY R 3537 WHALEN DRIVE INDIANAPOLI IN 46227
235-52 661583518 STRILECKY PHILIP D 418 LAKE CIRCLE COLUMBIA TN 38401
235-52 661584953 INMAN LOWELL GREGG 8326 DOVE COURT INDIANAPOLI IN 46256
235-52 661591057 LANDANDO JAMES A 1126 GREENSFIELD DRIVE NAPERVILLE IL 60563
235-52 661599902 CLABAUGH SHIRLEY A 14275 PENN DIXIE LANE ANTRIM TWP PA 17225
235-52 661602565 MOLISEE FRANK J 325 LIBERTY AVENUE WASHINGTON PA 15301
235-52 661604009 MAISANO JOSEPH 11 MEEHAN LANE CORAM NY 11727
235-52 661626374 FISCHER DONALD M 1420 22 TWENTYEIGHTH AVENU ALTOONA PA 16601
235-52 661628990 ALLEN BARNES J 60 N WEST STREET WAYNESBURG PA 15370
235-52 661629006 COLLIER THOMAS R 1205 JONATHAN DRIVE MILLCREEK T PA 16509
235-52 661629493 DUPREE HENRY J 34 MELROSE ST ROCHESTER NY 14619
235-52 661550160 POWELL ANNA M 3186 EAST 13TH AVENUE COLUMBUS OH 43219
235-52 661552000 LANGE JEFFREY R 605 EAST PERKINS MEDFORD WI 54451
235-52 661559476 WOOTEN MICHELLE C 7318 DOGWOOD DR SW FAIRVIEW TN 37062
235-52 661562108 BAJDA DEBRA L 7549 VANBUREN AV HAMMOND IN 46324
235-52 661566125 MACK LAWRENCE E 3026 HORNADAY DRIVE GREENWOOD IN 46143
235-52 661567503 REESE LARRY D 312 BRIGHTON ST LA PORTE IN 46350
235-52 661568360 RIDGWAY BRET 5237 WABASH AVENUE TERRE HAUTE IN 47803
235-52 661570085 KEILMAN KENNETH W 2141 N DELAWARE PARKWAY MUNSTER IN 46321
235-52 661573568 COX MICHAEL T 5424 NORTH ROSSLYN AVENUE INDIANAPOLI IN 46220
235-52 661577387 BOSS ALEX B 12 NORTH MANHEIM BOULEVARD NEW PALTZ NY 12561
235-52 661580589 ALEXANDER ROBERT J 2117 MARGYBETH AVENUE EVANSVILLE IN 47714
235-52 661580613 DELANY SCOTT M 1452 BUTTERCUP COURT WEST BEND WI 53095
235-52 661581421 JOYCE ANN 52 FARREL STREET NEW HYDE PK NY 11040
235-52 661582296 FLYNN KEVIN J 40 CAROLL STREET BRONX NY 10464
235-52 661582445 ROGERS BLAINE C 20989 NEWTON AVENUE LAKEVILLE IN 46536
235-52 661583062 BENOIT MARCIA M 128 GEORGE STREET GREEN ISLAN NY 12183
235-52 661585950 AUTRY MARGARET E 978 TIMBER CREEK LANE GREENWOOD IN 46142
235-52 661587527 MEISCH CAROLE A 685 KONEN AVENUE AURORA IL 60505
235-52 661587642 HOBBS WAYNE A 550 DUCHESS COURT VERSAILLES KY 40383
235-52 661588319 MILLER HAROLD 701 JACKSON ST FORT ATKINS WI 53538
235-52 661589143 STAHL JOHN 920 3RD STREET KIEL WI 53042
235-52 661590240 SHARP MELBA D 755 ALBERT PILGRIM RD JASPER TN 37347
235-52 661592725 CASPER BONNIE A 1611 MOORE AVENUE STREAMWOOD IL 60107
235-52 661593400 MCCLANAHAN BERNARD E JR 5314 LAKE BONITA RD CATLETTSBUR KY 41129
235-52 661594572 KLIMA EDWARD J 24082 ROAD U20 DELPHOS OH 45833
235-52 661594606 HOLLOMAN LYNN 7328 INDEPENDENCE STREET MERRILLVILL IN 46410
235-52 661599183 RAPLEY WILFRED 27 WALCOTT AVENUE INWOOD NY 11096
235-52 661599498 TABOR WAYDE 7108 W 82ND ST BURBANK IL 60459
235-52 661599548 MIGLER KELLY A 9081 MAPLEWOOD STREET ST JOHN IN 46373
235-52 661600775 STOUT ROBERT T 2663 WASHINGTON STREET PALMER TWP PA 18045
235-52 661601146 SNYDER CHRISTINE O 252 W GREEN ST FRANKFORT IN 46041
235-52 661601195 WALTON THOMAS A 4410 BROOKLYN AVENUE CLEVELAND OH 44109
235-52 661601690 DELVICARIO SERGIO 915 LOUIS DRIVE MILLVILLE NJ 8332
235-52 661601930 STRAUBE LINDA 8359 SOUTH 78TH AVENUE BRIDGEVIEW IL 60455
235-52 661602540 DERUYTER CHARLES E 2661 BUNKER HILL ROAD MANCHESTER NY 14432
235-52 661604363 BROZZETTI ROGER A 7069 PINETREE AVENUE NE NORTH CANTO OH 44721
235-52 661604439 ZIMA ERIK TODD 13665 STARLIGHT DRIVE BROOKPARK OH 44142
235-52 661605238 AHEARN MARK 27 EAST WILLOW TREE ROAD WESLEY HILL NY 10901
235-52 661605246 SPINELLO LILIANA 50 MOUNT RIDGE CIRCLE GREECE NY 14616
235-52 661605576 BAKER CYNTHIA L 319 CLINTON STREET WAUSEON OH 43567
235-52 661605600 DURR WILLIE L 4311 WINSTON DR FORT WAYNE IN 46806
235-52 661605717 WHITE MICHAEL W 10858 WEST 650 NORTH THORNTOWN IN 46071
235-52 661605741 STOUT LYNNETTE K 1350 NORTH CENTERVILLE ROA CENTERVILLE IN 47330
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5700000614 25,600.00 25,389.18 04/06/98 02/25/08 120.16 06/01/98 88.5 11.625 333.86
5700000630 72,000.00 71,883.79 04/06/98 02/02/22 288.16 06/01/98 80.0 9.775 599.27
661541003 63,800.00 63,670.09 01/04/98 11/09/17 237.14 03/01/98 86.8 11.375 622.92
661555284 29,100.00 28,873.98 01/04/98 11/22/07 117.14 03/01/98 76.7 12.625 395.07
661558270 66,600.00 66,402.36 01/04/98 11/12/17 237.14 03/28/98 74.0 11.625 660.85
661560334 74,900.00 74,811.45 01/04/98 10/30/25 333.14 03/01/98 78.8 9.195 573.89
661562132 95,200.00 94,311.59 01/04/98 11/22/07 117.14 03/01/98 78.6 9.445 1,134.26
661566463 12,000.00 11,898.36 01/04/98 11/22/07 117.14 03/28/98 84.2 11.275 154.28
661571653 10,000.00 9,775.35 01/04/98 12/01/02 57.14 03/01/98 89.9 12.390 207.10
661571760 21,800.00 21,543.04 01/04/98 11/27/05 93.14 03/01/98 68.4 11.625 322.85
661575829 33,100.00 32,881.65 01/04/98 11/20/08 129.14 03/01/98 89.9 12.500 426.92
661576132 18,700.00 18,583.90 01/04/98 11/15/12 177.14 03/28/98 69.9 10.875 194.81
661576447 26,800.00 26,705.19 01/04/98 11/15/12 177.14 03/01/98 89.4 12.500 304.87
661576512 25,000.00 24,801.51 01/04/98 11/25/07 117.14 03/01/98 68.0 12.250 334.36
661579615 8,000.00 7,904.22 01/04/98 11/22/07 117.14 03/28/98 84.7 12.240 106.95
661583518 50,000.00 49,789.05 01/04/98 11/15/12 177.14 03/01/98 67.6 10.625 513.70
661584953 17,800.00 17,588.71 01/04/98 11/22/07 117.14 03/28/98 80.6 12.390 239.41
661591057 35,700.00 35,433.54 02/01/98 12/10/17 238.00 03/28/98 88.1 12.150 366.27
661599902 48,400.00 48,191.60 01/04/98 11/09/17 237.14 03/28/98 64.5 8.750 394.77
661602565 23,650.00 23,574.93 01/04/98 11/15/12 177.14 03/01/98 84.8 13.625 285.21
661604009 29,400.00 29,339.09 01/04/98 11/10/16 225.14 03/01/98 84.8 12.250 307.35
661626374 46,800.00 46,345.84 03/06/98 01/20/08 119.24 05/01/98 68.8 8.750 541.32
661628990 42,000.00 41,649.07 03/06/98 01/20/08 119.24 05/01/98 88.1 11.375 542.20
661629006 31,000.00 30,928.00 03/06/98 01/07/18 239.24 05/01/98 76.3 10.375 283.26
661629493 24,900.00 24,321.63 03/06/98 01/26/03 59.24 05/01/98 68.2 11.125 501.04
661550160 17,500.00 17,359.21 02/04/98 12/23/07 118.16 04/01/98 69.1 12.025 231.95
661552000 36,100.00 35,999.92 02/04/98 12/10/17 238.16 04/01/98 70.7 9.000 299.79
661559476 25,300.00 24,720.02 02/04/98 12/29/02 58.16 04/01/98 87.2 11.625 514.94
661562108 30,200.00 30,005.64 03/06/98 01/18/09 131.24 05/01/98 82.8 12.875 395.80
661566125 31,400.00 31,076.25 02/04/98 12/24/06 106.16 04/01/98 89.0 10.625 417.85
661567503 25,600.00 25,294.83 02/04/98 12/25/05 94.16 04/01/98 65.9 11.375 375.92
661568360 79,200.00 78,718.50 02/04/98 12/19/10 154.16 04/01/98 56.5 9.445 815.30
661570085 22,200.00 21,971.09 02/04/98 12/24/06 106.16 04/01/98 68.5 10.625 295.43
661573568 15,300.00 15,169.54 02/04/98 12/23/07 118.16 04/01/98 60.6 11.025 194.71
661577387 21,300.00 21,261.38 02/04/98 12/10/17 238.16 04/01/98 84.5 12.240 219.77
661580589 21,500.00 21,237.92 03/06/98 01/22/06 95.24 05/01/98 69.1 10.875 310.35
661580613 25,000.00 24,415.47 02/04/98 12/29/02 58.16 04/01/98 73.4 10.875 500.18
661581421 97,000.00 96,939.22 02/04/98 11/28/27 358.16 04/01/98 52.6 11.240 868.94
661582296 27,300.00 27,075.17 02/04/98 12/23/07 118.16 04/01/98 87.8 11.625 356.04
661582445 22,200.00 21,895.62 03/06/98 01/23/05 83.24 05/01/98 84.8 12.875 371.31
661583062 60,400.00 59,894.29 02/04/98 12/23/07 118.16 04/01/98 75.0 11.340 778.63
661585950 13,300.00 13,245.17 02/04/98 12/16/12 178.16 04/01/98 56.4 10.875 138.56
661587527 44,800.00 44,415.25 02/04/98 12/23/07 118.16 04/01/98 49.4 10.900 567.20
661587642 63,000.00 62,746.76 03/06/98 01/11/15 203.24 05/01/98 70.0 8.625 544.18
661588319 53,900.00 53,838.29 02/04/98 12/04/22 298.16 04/01/98 56.7 11.150 493.02
661589143 24,700.00 24,492.12 03/06/98 01/20/08 119.24 05/01/98 63.3 11.250 317.24
661590240 26,800.00 26,574.43 02/04/98 12/23/07 118.16 04/01/98 89.5 11.250 344.22
661592725 41,500.00 41,474.83 02/04/98 11/28/27 358.16 04/01/98 66.4 11.390 376.13
661593400 31,000.00 30,433.96 02/04/98 12/25/05 94.16 04/29/98 70.8 11.000 449.40
661594572 23,900.00 23,844.48 03/06/98 01/07/18 239.24 05/01/98 79.9 10.375 218.39
661594606 15,900.00 15,766.18 03/06/98 01/20/08 119.24 05/01/98 71.4 11.250 204.22
661599183 25,350.00 25,271.60 02/04/98 12/15/13 190.16 04/01/98 83.8 12.390 280.62
661599498 28,500.00 28,349.40 04/06/98 02/16/11 156.16 06/01/98 68.6 11.250 321.61
661599548 24,000.00 23,951.13 03/06/98 01/07/18 239.24 05/01/98 86.6 11.375 234.33
661600775 26,400.00 25,979.84 02/04/98 12/23/07 118.16 05/27/98 82.2 12.375 354.86
661601146 29,600.00 29,476.85 04/06/98 02/13/13 180.16 06/01/98 69.1 10.775 306.66
661601195 14,500.00 14,439.14 03/06/98 01/15/12 167.24 05/01/98 84.9 12.250 166.92
661601690 25,600.00 25,492.00 02/04/98 12/17/12 178.16 04/01/98 84.9 10.625 263.01
661601930 71,400.00 71,108.80 02/04/98 12/16/12 178.16 04/01/98 76.8 10.990 748.59
661602540 59,500.00 59,232.09 02/04/98 12/15/13 190.16 04/01/98 70.0 8.625 528.27
661604363 40,900.00 40,796.20 03/06/98 01/08/17 227.24 05/01/98 65.3 10.625 385.97
661604439 33,200.00 33,074.21 04/06/98 02/13/13 180.16 06/01/98 87.7 11.775 363.33
661605238 34,000.00 33,703.34 02/04/98 12/23/07 118.16 04/01/98 80.6 10.625 425.61
661605246 24,200.00 24,118.32 02/04/98 12/16/12 178.16 04/01/98 79.8 12.990 282.45
661605576 57,900.00 57,430.07 03/06/98 01/20/08 119.24 05/01/98 82.7 11.875 762.79
661605600 34,800.00 34,498.54 04/06/98 02/20/08 120.16 06/01/98 75.6 10.750 437.88
661605717 34,000.00 33,879.73 03/06/98 01/13/13 179.24 05/01/98 84.9 12.500 386.77
661605741 35,600.00 34,944.31 03/06/98 01/25/04 71.24 05/01/98 77.5 10.775 621.56
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 27 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 661606103 SLEBIODA DENNIS H 79 NANCYCREST LN TOWN OF WES NY 14224
235-52 661606202 BIONDOLILLO JANET E 149 ARGONNE DRIVE KENMORE NY 14217
235-52 661606368 KRAL CHRIS G 10900 WADSWORTH AVENUE CLEVELAND OH 44125
235-52 661606392 GERBER RILEY P 1006 44TH STREET NW CANTON OH 44709
235-52 661606475 WINTER DESIREE C 521 KERKHOFF AVENUE OTTERBEIN IN 47970
235-52 661606517 WELKER BYRON D 312 EAST WALNUT STREET OSCEOLA IN 46561
235-52 661608547 PARISI PHILIP 14 PERRY DRIVE W WINDSOR NJ 8512
235-52 661608927 MORTON JOHN R 4343 HAWK ROAD MECHANICSBU OH 43044
235-52 661608935 RECUPITO JAMES R 1208 FAIRWAY COURT KOKOMO IN 46901
235-52 661608943 RECUPITO JAMES R 1208 FAIRWAY COURT KOKOMO IN 46901
235-52 661610055 JOHNSON LARRY J 1110 EAST CLINTON STREET FRANKFORT IN 46041
235-52 661610154 PIERSON KENNETH C 330 IDA CIRCLE LYNCHBURG OH 45142
235-52 661610238 WALKER JUDITH E 3616 LAKEVIEW BOULEVARD STOW OH 44224
235-52 661611640 WITUCKY THOMAS J JR 13340 CAVES ROAD CHESTERLAND OH 44026
235-52 661612275 FARRELL CAROL ANN 34 DANNER AVE HARRISON NY 10528
235-52 661612549 HEROLD BRUCE K 1446 GLADDING AVENUE ASHTABULA OH 44004
235-52 661612606 CORDIAL MARILYN 1775 BRINWOOD COURT COLUMBUS OH 43232
235-52 661612929 PUTNAM ANGELA S 71 TAFT AVENUE IRONDEQUOIT NY 14609
235-52 661613695 DITMER DONALD RAY 105 ALBRIGHT ST ARCANUM OH 45304
235-52 661614339 WHITTINGTON WANDA 810 N HARRISON ST BRAZIL IN 47834
235-52 661615252 FIORENTINO INEZ 1303 SPRINGWOOD DRIVE SCHAUMBURG IL 60193
235-52 661615435 ZIMMERMAN KARL JACOB 6290 UPPER RIVER ROAD MIAMISBURG OH 45342
235-52 661616789 SMITH RONALD L 628 FAIRVIEW ROAD TOWNSHIP OF PA 16050
235-52 661616797 KLINGENSMITH DOUGLAS 118 MILLER LANE TOWNSHIP OF PA 15554
235-52 661616813 MADARASZ STEPHEN 20 BAKER DRIVE NORTHUMBERL NY 12831
235-52 661617951 GINDA LYNN V V 56 WAIT STREET WALDEN NY 12586
235-52 661617977 CONNOR NANCY A 21 ANEMONE LANE HENRIETTA NY 14586
235-52 661618843 SKINNER HARRY C 20 SPRING STREET WARWICK NY 10990
235-52 661618967 NISSEN DALE R 106 C STREET MARSHALL MN 56258
235-52 661621011 SEARLES WILLIAM A 179 HARTSHORNE ROAD MIDDLETOWN NJ 7760
235-52 661621037 SCHEELER TIMOTHY A 89 SOUTH CATAWISSA STREET MAHANOY CIT PA 17948
235-52 661621052 OWENS ERMA C 109 MARVIN AVENUE HEMPSTEAD NY 11550
235-52 661621094 BILGER MARK W 1680 MISTY DRIVE WEST MANCHE PA 17404
235-52 661621110 INGOGLIA ANDREW J 21 RAYBOR ROAD COMMACK NY 11725
235-52 661621433 NOEL WILLIAM L 2825 CENTENNIAL ROAD MOUNT PLEAS PA 17331
235-52 661621458 BARRY DIANE M 7 WAIT STREET GLENS FALLS NY 12801
235-52 661621508 RIES MICHAEL M 42 JACKSON AVENUE BAYVILLE NY 11709
235-52 661621615 FICHERA ANTHONY J 40 CAPRI DRIVE GATES NY 14624
235-52 661621623 LOMBARDOZZI KAREN D 1647 WATERFORD ROAD WALWORTH NY 14568
235-52 661621649 HOWE CATHERINE M 284 ROSS AVENUE STATEN ISLA NY 10306
235-52 661621656 CAPUTO PAUL A 4 RENFREW ROAD NEW CITY NY 10956
235-52 661621763 BULKLEY-WILS LOIS E 2706 NORTH SMITH PIKE BLOOMINGTON IN 47404
235-52 661623074 KOEN MICHELLE 27 WEST LAKE ROAD MADISON NY 13402
235-52 661623082 TUORTO LOUIS T 1225 BAY RIDGE PARKWAY BROOKLYN NY 11228
235-52 661623108 KNORR ZANE D 18 FIREHALL ROAD HEMLOCK TOW PA 17815
235-52 661623488 MCLARNON WALTER HENRY 4607 RICKER STREET TOWNSHIP OF PA 17109
235-52 661627380 SENF FREDRICK 550 YARDVILLE-ALLENTOWN RO HAMILTON TO NJ 8620
235-52 661628131 SUCHARSKI STEVEN F 138 WOOLSEY AVE GLEN COVE NY 11542
235-52 661628180 KUNKLE WILLIAM H 9 BRIAN DR TOWNSHIP OF PA 17543
235-52 661628552 CIOFFI PASQUALE J 157 LAND LANE WESTBURY NY 11590
235-52 661629220 SHASHATY JAMES P 1630 10TH AVENUE BROOKLYN NY 11215
235-52 661629451 MILLER ROSS M 503 EUCLID AVE TOWNSHIP OF PA 15904
235-52 661631689 GOLDBERG BARRY 6 HEATHCOTE DRIVE ALBERTSON NY 11507
235-52 661631796 UNGARO FRANK S 12 EMERALD LANE MAHOPAC NY 10541
235-52 661588905 WOOD ROBERT A 2208 17TH AV ROCKFORD IL 61104
235-52 661609016 BANKS DIANA V 1426 PIONEER COURT WAUKEGAN IL 60085
235-52 661613828 BRUDD RETA L 7113 W 182ND ST TINLEY PARK IL 60477
235-52 661624627 SCHNEE FRANK W 31 N ELM STREET ROBESONIA PA 19551
235-52 661626390 RISSMILLER SAMUEL W 416 HILL ROAD TOWNSHIP OF PA 19518
235-52 661629469 WIVELL FRANCIS R 225 PARKE ST WEST PITTST PA 18643
235-52 661630525 MCGARR ELEANOR G 1805 TWEED AVENUE TOWNSHIP OF PA 18103
235-52 661630764 CZECH RICHARD J 1778 LINDEN AVE CITY OF NOR NY 14120
235-52 661630772 SOLLAZZO JOSEPH 111 EYLANDT ST STATEN ISLA NY 10312
235-52 661630830 WEAVER BRIAN L 175 TICE LANE CORNWALL PA 17042
235-52 661630889 ORTMAN KENNETH JOHN 3074 FAIRFIELD RD GETTYSBURG PA 17325
235-52 661631713 HIGBY KAREN E 2601 WEST 25TH STREET ERIE PA 16506
235-52 661631747 TRYBUS RAYMOND J 143 SLATTERY DRIVE CRESSON PA 16630
235-52 661632315 ALLEN MARVIN E 1541 E FORKS RD BAYSHORE NY 11706
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661606103 17,100.00 17,034.15 02/04/98 12/10/17 238.16 04/29/98 62.5 10.250 154.93
661606202 42,700.00 42,604.31 02/04/98 12/11/16 226.16 04/01/98 83.9 11.625 429.47
661606368 55,500.00 55,338.69 02/04/98 12/10/17 238.16 04/01/98 69.3 8.625 448.61
661606392 73,000.00 72,787.84 03/06/98 01/07/18 239.24 05/01/98 68.2 8.625 590.06
661606475 28,400.00 28,092.51 03/06/98 01/22/06 95.24 05/01/98 79.2 13.500 447.87
661606517 12,000.00 11,991.24 03/06/98 12/29/24 323.24 05/01/98 80.7 12.250 117.44
661608547 99,100.00 98,271.97 02/04/98 12/23/07 118.16 04/01/98 88.3 11.375 1,279.34
661608927 43,600.00 43,523.41 03/06/98 01/01/23 299.24 05/01/98 52.5 8.625 327.44
661608935 83,200.00 82,666.67 03/06/98 01/16/11 155.24 05/01/98 64.0 8.750 825.77
661608943 24,100.00 24,073.48 03/06/98 01/01/23 299.24 05/01/98 82.5 11.375 224.08
661610055 43,500.00 43,188.66 03/06/98 01/18/09 131.24 05/01/98 89.9 11.250 531.44
661610154 43,600.00 43,371.88 02/04/98 12/16/12 178.16 04/01/98 69.2 8.250 390.39
661610238 39,900.00 39,757.18 04/06/98 02/13/13 180.16 06/01/98 83.3 12.375 450.89
661611640 22,100.00 21,583.28 03/06/98 01/26/03 59.24 05/01/98 52.3 10.875 442.16
661612275 88,700.00 88,609.59 02/04/98 12/01/24 322.16 04/01/98 62.7 10.525 763.15
661612549 27,000.00 26,813.24 03/06/98 01/18/09 131.24 05/01/98 89.6 11.775 337.52
661612606 29,900.00 29,351.07 03/06/98 01/25/04 71.24 05/01/98 59.9 10.875 523.45
661612929 48,900.00 48,770.69 02/04/98 12/04/22 298.16 04/29/98 69.8 8.625 367.25
661613695 23,300.00 23,268.05 03/06/98 01/02/22 287.24 05/01/98 75.8 10.775 209.03
661614339 35,200.00 35,120.86 03/06/98 01/07/18 239.24 05/01/98 89.9 10.625 327.10
661615252 100,900.00 100,688.32 03/06/98 01/07/18 239.24 05/01/98 84.0 11.150 970.80
661615435 47,200.00 46,953.04 03/06/98 01/16/11 155.24 05/01/98 79.2 11.375 535.94
661616789 24,600.00 24,408.92 02/04/98 12/23/07 118.16 04/01/98 80.8 12.625 333.98
661616797 35,900.00 35,582.26 02/04/98 12/23/07 118.16 04/01/98 62.1 10.375 444.75
661616813 15,300.00 15,172.16 02/04/98 12/23/07 118.16 04/01/98 89.9 11.375 197.52
661617951 54,800.00 54,645.67 02/04/98 12/10/17 238.16 04/01/98 59.5 8.875 451.02
661617977 43,200.00 42,960.26 02/04/98 12/19/10 154.16 04/01/98 81.3 10.625 472.46
661618843 35,200.00 34,543.31 02/04/98 12/28/03 70.16 04/01/98 37.8 10.375 607.96
661618967 22,500.00 22,477.78 03/06/98 01/01/23 299.24 05/01/98 89.0 11.990 218.58
661621011 274,800.00 274,327.02 03/06/98 01/07/18 239.24 05/01/98 85.0 12.625 2,904.08
661621037 12,100.00 12,004.63 02/04/98 12/23/07 118.16 04/01/98 76.5 12.375 162.64
661621052 71,800.00 70,751.34 02/01/98 12/23/07 118.00 04/26/98 45.7 8.750 830.48
661621094 73,400.00 72,687.71 02/04/98 12/26/07 118.16 04/01/98 62.7 8.750 848.99
661621110 42,400.00 42,033.23 03/06/98 01/20/08 119.24 05/01/98 79.3 10.775 534.06
661621433 27,400.00 27,272.83 03/06/98 01/16/11 155.24 05/01/98 78.1 12.875 334.64
661621458 51,800.00 51,716.22 03/06/98 01/01/23 299.24 05/01/98 70.0 9.125 405.34
661621508 49,100.00 48,712.97 03/06/98 01/20/08 119.24 05/01/98 84.4 12.375 659.99
661621615 16,900.00 16,661.43 03/06/98 01/23/05 83.24 05/01/98 83.8 12.125 276.36
661621623 13,900.00 13,887.98 03/06/98 12/31/23 311.24 05/01/98 86.8 12.025 134.56
661621649 28,500.00 28,253.11 03/06/98 01/20/08 119.24 05/01/98 71.1 10.750 358.61
661621656 34,900.00 34,628.91 03/06/98 01/20/08 119.24 05/01/98 85.1 12.625 473.82
661621763 17,300.00 17,270.32 03/06/98 01/07/18 239.24 05/01/98 80.0 12.650 183.11
661623074 76,000.00 75,740.64 03/06/98 01/13/13 179.24 05/01/98 82.3 12.875 881.73
661623082 63,000.00 62,473.61 03/06/98 01/20/08 119.24 05/01/98 38.9 11.375 813.30
661623108 52,200.00 52,108.29 03/06/98 01/01/23 299.24 05/01/98 58.0 8.625 392.03
661623488 36,300.00 36,237.52 03/06/98 01/07/18 239.24 05/01/98 76.3 12.625 383.62
661627380 35,200.00 34,916.38 03/06/98 01/20/08 119.24 05/01/98 87.5 12.000 466.08
661628131 20,200.00 20,021.21 03/06/98 01/20/08 119.24 05/01/98 43.7 10.375 250.25
661628180 23,600.00 23,179.14 03/06/98 01/25/04 71.24 05/01/98 86.2 11.775 423.24
661628552 66,300.00 66,220.38 03/06/98 01/01/23 299.24 05/01/98 87.1 10.875 594.27
661629220 58,400.00 58,200.70 03/06/98 01/13/13 179.24 05/01/98 76.4 12.875 677.54
661629451 12,700.00 12,416.49 04/06/98 02/26/03 60.16 06/01/98 83.4 12.625 264.41
661631689 115,400.00 115,351.00 04/06/98 01/26/28 360.16 06/01/98 79.5 12.990 1,177.49
661631796 12,900.00 12,850.96 04/06/98 02/13/13 180.16 06/01/98 65.5 11.740 140.91
661588905 19,000.00 18,984.60 04/06/98 01/31/24 312.16 06/01/98 86.6 12.375 188.53
661609016 38,400.00 38,097.32 04/06/98 02/20/08 120.16 06/01/98 89.1 12.375 516.16
661613828 15,500.00 15,486.25 04/06/98 01/29/25 324.16 06/01/98 79.2 11.250 140.98
661624627 24,300.00 23,869.69 03/06/98 01/25/04 71.24 05/01/98 82.9 11.990 438.29
661626390 28,800.00 28,768.30 03/06/98 01/01/23 299.24 05/01/98 87.5 11.375 267.78
661629469 29,400.00 29,387.17 04/06/98 02/02/26 336.16 06/01/98 80.0 14.125 325.82
661630525 79,600.00 79,163.42 04/06/98 02/21/11 156.16 06/01/98 77.4 10.775 877.15
661630764 19,500.00 19,339.42 04/06/98 02/25/08 120.16 06/01/98 87.3 11.625 254.31
661630772 59,200.00 58,995.34 04/06/98 02/13/13 180.16 06/01/98 82.1 12.740 681.99
661630830 58,600.00 58,411.52 04/06/98 02/18/13 180.16 06/01/98 76.6 13.490 701.84
661630889 39,500.00 39,217.23 04/06/98 02/25/08 120.16 06/01/98 79.9 14.000 566.01
661631713 14,900.00 14,716.35 04/06/98 02/27/06 96.16 06/01/98 59.2 10.625 213.23
661631747 10,000.00 9,921.17 04/06/98 02/25/08 120.16 06/01/98 84.4 12.375 134.42
661632315 78,600.00 78,447.70 04/06/98 02/07/22 288.16 06/01/98 68.3 8.625 597.38
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE - GROUP 1, SUB-POOL II
A DIVISION OF SUPERIOR BANK FSB 1998-1 CLASS 1 - INITIAL OF FIXED RATE MORTGAGES - SETTLEMENT 3/26/98 Page 28 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
235-52 661632331 GRIPPER CAROLYN 128 28 237TH ST LAURELTON NY 11422
235-52 661633198 ROSENZWEIG JOANN 182 5TH ST HICKSVILLE NY 11801
235-52 661633206 BARNETT JAMES C JR 10 SHERMAN ST HUNTINGTON NY 11743
235-52 661633487 ARMSTRONG JACK 3580 RIPPLETON ROAD CAZENOVIA NY 13032
235-52 661633859 COLORITO BRUCE R 1857 DROZ AVE AMBRIDGE PA 15003
235-52 661603167 LIKAVEC LINDA R 3141 COOLEY STREET PORTAGE IN 46368
235-52 661618744 JEJNA MARIA K 35 BRIARCLIFF ROAD TWN OF GREE NY 14616
235-52 661629022 SEIFERT PAUL A SR 4427 CHINCHILLA AVENUE WEST HEMPFI PA 17552
235-52 661629212 SHANNON CONNIE S 4823 E LAKE RD SO SHENA PA 16134
235-52 661610659 CULLEN ELIZABETH 14 MORGAN STREET NEW ROCHELL NY 10805
235-52 661618959 KRAJNIAK JOSEPH A 7705 BAIMBRIDGE DRIVE DOWNERS GRO IL 60516
235-52 661623686 DUBBERT FREDERICK R SR 1501 EAST LOCKWOOD ROAD PORT CLINTO OH 43452
235-52 661630277 STACY GARY D 148 ROWLEY STREET VILLAGE OF NY 13642
235-52 661635979 KWOKA JOHN 115 EMMET AVENUE STATEN ISLA NY 10306
235-52 661579565 MILLER ROBERT N 113 DENNY DRIVE NEW ALBANY IN 47150
---------------------------------------------
452 Sale Total
1,841 Grand Total Sub-Pool II
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Original Current Scheduled
Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
661632331 38,900.00 38,728.15 04/06/98 02/18/13 180.16 06/01/98 86.6 10.125 388.56
661633198 94,900.00 94,739.20 04/06/98 02/12/18 240.16 06/01/98 76.9 12.740 1,010.03
661633206 75,700.00 75,628.93 04/06/98 02/06/23 300.16 06/01/98 88.7 12.275 750.16
661633487 46,700.00 46,411.09 04/06/98 02/22/10 144.16 06/01/98 69.3 11.125 543.48
661633859 39,400.00 39,096.04 04/06/98 02/25/08 120.16 06/01/98 79.1 12.740 537.36
661603167 11,500.00 11,399.09 03/06/98 01/20/08 119.24 05/01/98 28.5 10.525 143.36
661618744 16,700.00 16,554.29 02/04/98 12/23/07 118.16 04/01/98 82.6 10.625 209.05
661629022 19,400.00 19,323.67 03/06/98 01/13/13 179.24 05/01/98 75.7 11.375 207.75
661629212 61,900.00 61,344.24 03/06/98 01/20/08 119.24 05/01/98 80.0 10.125 758.91
661610659 87,400.00 87,249.57 02/04/98 12/10/17 238.16 04/01/98 82.4 12.625 923.64
661618959 82,800.00 82,489.25 04/06/98 02/18/13 180.16 06/01/98 75.7 11.876 911.08
661623686 77,000.00 76,904.38 04/06/98 01/31/28 360.16 06/01/98 66.9 8.000 521.51
661630277 31,300.00 30,560.95 04/06/98 03/02/03 60.16 06/01/98 89.2 10.500 620.85
661635979 43,000.00 42,846.07 04/06/98 02/18/13 180.16 06/01/98 82.7 12.375 485.93
661579565 44,000.00 43,624.08 04/06/98 02/25/08 120.16 06/01/98 76.3 10.990 559.14
------------------------------------ -------- --------------------------------------
21,681,323.00 21,578,698.57 207.51 74.9 11.229 240,682.71
111,151,785.00 110,932,317.54 225.33 77.5 11.049 1,152,241.49
</TABLE>
<PAGE>
EXHIBIT H-3
MORTGAGE LOAN SCHEDULE FOR SUB-POOL III
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 1 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
SUBPOOL III
<S> <C> <C> <C> <C> <C> <C>
320-01 800305922 DENSON YASHLYN W 70 BAY STREET FAIRBURN GA 30213
320-01 800308892 GOMES PHILLIP G 40 BUTTONWOOD LANE S PLYMOUTH MA 02360
320-01 800330409 GREENAWAY THOMAS 8 TOUISSANT AVENUE YONKERS NY 10710
320-01 800353344 FINN JOHN 261 SLOCUM ROAD WAPWALLOPEN PA 18660
320-01 800358053 DOYLE DENNIS 163 KITCHELL LAKE DRIVE W MILFORD NJ 07480
320-01 800373755 DUNCAN BETTY L 4353 COLEMAN DRIVE STONE MOUNT GA 30083
320-01 800374563 SIMMONS JERAMIAH 8 FAIRHAVEN DRIVE WHEATLEY HT NY 11798
320-01 800376154 BARR LESLIE G 219 HINMAN STREET YOUNGSTOWN NY 14174
320-01 800382764 ROMERO MANUEL 28 LAFAYETTE AVENUE EAST ORANGE NJ 07017
320-01 800383986 LARBIE JOSEPH 144 WEST STREET ENGLEWOOD NJ 07631
320-01 800390338 SLAUGHTER DOUGLAS A 102 ROBINWOOD DRIVE AIKEN SC 29803
320-01 800401259 SARGENT BEATRICE T 54 STEPHEN DRIVE GLENDORA NJ 08029
320-01 800406191 MCKAY ERNEST 30 HATTIE JONES COURT BROOKLYN NY 11213
320-01 800406639 HEDGCOCK SHARON 314 EAST PARK CREEK LANE SALT LAKE C UT 84115
320-01 800410334 REEVES SHARON 1533 1/2 TILGHMAN STREET ALLENTOWN PA 18102
320-01 800411621 THOMPSON EVET 11 PROSPECT PLACE WEST ORANGE NJ 07052
320-01 800412876 HALL WALTER JR 639 SKYLES ROAD UNION OH 45322
320-01 800429664 ATWELL LYNETTE 8 FAIRVIEW PLACE BROOKLYN NY 11226
320-01 800436180 MILLER WILLIAM JR 120 LIME ROAD NORTHWEST LAKE PLACID FL 33852
320-01 800440349 ARROYO MIGUEL 3670 NORTHWEST 32ND STREET LAUDERDALE FL 33309
320-01 800448243 DISNEY JOHN 28 CLUB VIEW LANE PHOENIX MD 21131
320-01 800450470 WOODWARD MARK A 8531 YORKSHIRE LANE FORT MYERS FL 33091
320-01 800451411 CHAVEZ JOSE 121 ELMWOOD PLACE PLAINFIELD NJ 07060
320-01 800455362 LOZANO MIGUEL 140 NORTH CLINTON AVENUE BAY SHORE NY 11706
320-01 800459653 MATYAS SUSAN J 66 BRAHMA AVENUE BRIDGEWATER NJ 08807
320-01 800460131 BREESE HAROLD ROBERT 5135 32ND AVENUE NORTH ST PETERSBU FL 33710
320-01 800461279 SIMMONS STEVEN L 7650 GOLDEN SANDS DRIVE CUMMING GA 30131
320-01 800462228 MURGUIA JESSE 4210 NORTH 63RD DRIVE PHOENIX AZ 85033
320-01 800486029 DZIETCZYK DARIUSZ 20 NORWOOD AVE SPOTSWOOD NJ 08884
320-01 800491649 MARTINEZ SANDRO 166-08 SOUTH CONDUIT AVE JAMAICA NY 11413
320-01 800494528 SALINAS MARIA DELCARMEN 158 NEW MARKET ROAD DUNELLEN NJ 08812
320-01 800502007 JONES FREDERICKA B 8 NORTH ALLAN PARK CHARLESTON SC 29403
320-01 800514770 OTT DONNA 32 VIEW CT SILVER VALLEY E CHESTNUT HI PA 18353
320-01 800516106 BARTLETT GARY F 1900 BECKETT LAKE DRIVE CLEARWATER FL 33763
320-01 800528556 HILTON JOHN T 105 FERNWOOD ROAD COATESVILLE PA 19320
320-01 800542771 WEST WILLIAM R 211 NORTH CALIFORNIA ST SYCAMORE IL 60178
320-01 800549214 WORKS SHAWN 1826 COUNTY LINE ROAD ATLANTA GA 30331
320-01 800552697 TABANNAH ALTHEA L 1060 SANS SOUCI WAY CLARKSTON GA 30021
320-01 800554511 WALDO J KATHERINE 1103 MONTPELIER DRIVE GREENSBORO NC 27410
320-01 800556243 JETTER MARSHA A 3382 SOUTH FORSYTHIA DRIVE WEST VALLEY UT 84119
320-01 800557498 MURACIOV MIHAIL 1910 WALLACE STREET STROUDSBURG PA 18360
320-01 800568875 OLESKE NANCY J 7430 GULF HIGHLANDS DRIVE PORT RICHEY FL 34668
320-01 800576258 REECE HARRI T 657 EAST FARMING STREET MARION OH 43302
320-01 800581456 COLE JAMES P 62 BLUEBERRY DRIVE MAGNOLIA DE 19962
320-01 800586661 DEEN SHERRY 1703 BLACKBURN ROAD SACHSE TX 75048
320-01 800595936 ABIMBOLA MARY 1606 DELLWOOD CIRCLE LAKE CITY GA 30260
320-01 800360109 DENNIS KNIBB JAYNE M 47 PALMER AVENUE MT VERNON NY 10552
320-01 800365892 PUERTAS JOSE D 2741 46TH STREET SOUTHWEST NAPLES FL 34116
320-01 800402810 LEDESMA DAVID ALLEN 3972 WEST ZODIAC DRIVE SLT LK CITY UT 84118
320-01 800407967 ISON GALE 4817 TRINITY PLACE PHILADELPHI PA 19143
320-01 800408569 SIX DOROTHY E 305 LAMBRIGHT STREET EAST TAMPA FL 33604
320-01 800424665 JENDRAL KATHERINE 1315 DREHER AVENUE STROUDSBURG PA 18360
320-01 800433120 COBB RAYMOND J 546 BROWN AVENUE BANGOR PA 18013
320-01 800443608 HOWELL RICHARD E 2718 SOUTH 70TH STREET TACOMA WA 98409
320-01 800452385 SIEGEL ERIC 164 SUMAC STREET PHILADELPHI PA 19128
320-01 800455032 FINN CHARLES F 295 NORTH WASHINGTON ST WILKES BARR PA 18702
320-01 800462343 MOORHEAD MICHAEL 10296 EAST CLOUDVIEW AVE GOLD CANYON AZ 85219
320-01 800463283 PERRINO BARBARA L 155 VICKERMAN ROAD MERCER PA 16137
320-01 800463770 THERILUS MARIE 927 TABOR ROAD PHILADELPHI PA 19141
320-01 800464869 ANDRADE MELVILLE 328 LAKE SHORE DRIVE EAST DUNKIRK NY 14048
320-01 800465957 HARMON STACEY 2543 S 61ST STREET PHILADELPHI PA 19142
320-01 800466328 RUCH AVERY 223 1/2 LEHIGH AVENUE PALMERTON PA 18071
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800305922 70,200.00 70,098.50 11/01/97 10/01/27 11.000 10.000 17.000 6.800
800308892 84,600.00 84,484.13 11/01/97 10/01/27 11.250 10.250 17.250 7.000
800330409 144,000.00 143,802.12 12/04/97 11/04/27 9.875 8.875 15.875 5.750
800353344 90,000.00 89,888.81 12/01/97 11/01/27 10.375 9.375 16.375 5.700
800358053 131,000.00 130,739.14 11/01/97 10/01/27 9.500 8.500 15.500 5.100
800373755 86,850.00 86,721.11 12/01/97 11/01/27 9.500 9.500 15.500 5.750
800374563 182,750.00 182,662.45 02/01/98 01/01/28 9.625 8.625 15.625 6.050
800376154 56,000.00 55,955.31 01/01/98 12/01/27 10.500 9.500 16.500 5.950
800382764 104,000.00 103,907.61 01/01/98 12/01/27 10.000 9.000 16.000 6.400
800383986 90,000.00 89,911.11 01/01/98 12/01/27 9.500 9.500 15.500 6.550
800390338 108,000.00 107,909.03 01/01/98 12/01/27 10.250 10.250 16.250 6.800
800401259 28,300.00 28,272.77 01/01/98 12/01/27 9.625 8.625 15.625 5.700
800406191 135,000.00 134,938.67 02/01/98 01/01/28 9.875 8.875 15.875 6.250
800406639 113,000.00 112,818.23 12/01/97 11/01/27 9.125 8.125 15.125 5.500
800410334 44,000.00 43,964.87 01/01/98 12/01/27 10.500 9.500 16.500 6.550
800411621 107,100.00 107,014.50 01/01/98 12/01/27 10.500 9.500 16.500 6.600
800412876 54,864.00 54,813.95 01/01/98 12/01/27 9.875 8.875 15.875 5.700
800429664 75,600.00 75,561.83 02/01/98 01/01/28 9.375 8.375 15.375 6.250
800436180 60,750.00 60,608.66 01/01/98 12/01/27 8.750 7.750 14.750 5.500
800440349 78,000.00 77,958.72 01/01/98 12/01/27 12.375 11.375 18.375 7.000
800448243 199,000.00 198,920.59 01/01/98 12/01/27 13.625 12.625 19.625 9.200
800450470 39,400.00 39,383.34 01/01/98 12/01/27 13.375 12.375 19.375 8.500
800451411 75,600.00 75,532.84 01/01/98 12/01/27 10.000 9.000 16.000 5.500
800455362 126,000.00 125,949.93 02/01/98 01/01/28 10.500 9.500 16.500 6.550
800459653 100,800.00 100,737.02 01/01/98 12/01/27 11.625 11.625 17.625 8.700
800460131 77,350.00 77,288.25 01/01/98 12/01/27 10.500 9.500 16.500 6.000
800461279 152,000.00 151,785.53 01/01/98 12/01/27 9.750 8.750 15.750 5.500
800462228 60,750.00 60,700.17 01/01/98 12/01/27 10.375 9.375 16.375 6.550
800486029 94,800.00 94,499.47 08/01/97 07/01/27 10.000 9.000 16.000 6.250
800491649 65,000.00 65,000.00 03/01/98 02/01/28 9.625 8.625 15.625 6.000
800494528 108,000.00 107,906.57 02/01/98 01/01/28 10.125 9.125 16.125 6.250
800502007 60,000.00 59,987.04 02/01/98 01/01/28 13.250 12.250 19.250 8.650
800514770 105,300.00 105,239.42 02/01/98 01/01/28 8.750 8.750 14.750 5.500
800516106 80,750.00 80,683.78 02/01/98 01/01/28 10.375 9.375 16.375 6.750
800528556 144,000.00 144,000.00 04/01/98 03/01/28 10.500 9.500 16.500 7.250
800542771 88,000.00 88,000.00 03/01/98 02/01/28 8.875 8.875 14.875 5.250
800549214 72,000.00 72,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
800552697 106,250.00 106,207.78 03/01/98 02/01/28 10.500 9.500 16.500 6.250
800554511 124,000.00 124,000.00 03/01/98 02/01/28 9.000 8.000 15.000 5.500
800556243 100,800.00 100,800.00 04/01/98 03/01/28 9.125 8.125 15.125 5.500
800557498 123,000.00 123,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
800568875 49,000.00 49,000.00 04/01/98 03/01/28 9.500 8.500 15.500 6.000
800576258 61,200.00 61,200.00 03/01/98 02/01/28 10.250 9.250 16.250 6.250
800581456 94,500.00 94,500.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800586661 144,000.00 144,000.00 04/01/98 03/01/28 10.250 9.250 16.250 6.650
800595936 98,175.00 98,175.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800360109 168,800.00 168,633.29 01/01/98 12/01/27 9.500 8.500 15.500 5.250
800365892 113,400.00 113,092.64 11/01/97 10/01/27 10.000 9.000 16.000 5.000
800402810 83,200.00 83,161.74 01/01/98 12/01/27 13.000 12.000 19.000 9.150
800407967 65,600.00 65,600.00 03/01/98 02/01/28 9.750 8.750 15.750 6.250
800408569 51,935.00 51,861.73 12/01/97 11/01/27 9.750 8.750 15.750 5.750
800424665 83,000.00 82,960.24 02/01/98 01/01/28 9.625 8.625 15.625 5.500
800433120 78,000.00 78,000.00 03/01/98 02/01/28 12.750 11.750 18.750 8.000
800443608 72,000.00 71,930.74 02/01/98 01/01/28 9.625 8.625 15.625 6.500
800452385 63,700.00 63,665.20 02/01/98 01/01/28 9.000 8.000 15.000 4.700
800455032 46,750.00 46,735.05 02/01/98 01/01/28 11.500 10.500 17.500 7.300
800462343 153,000.00 152,746.89 12/01/97 11/01/27 10.375 9.375 16.375 6.550
800463283 75,000.00 75,000.00 04/01/98 03/01/28 9.000 9.000 15.000 5.500
800463770 40,800.00 40,800.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800464869 46,400.00 46,355.38 01/01/98 12/01/27 9.625 8.625 15.625 5.500
800465957 33,150.00 33,150.00 03/01/98 02/01/28 10.250 9.250 16.250 6.250
800466328 43,350.00 43,350.00 03/01/98 02/01/28 8.875 7.875 14.875 5.000
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 2 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-01 800467631 KOOY ALLAN 1010 WEST VIRGINIA MOSES LAKE WA 98837
320-01 800468746 SCHMITZ MICHELLE 2336 RACE STREET DENVER CO 80205
320-01 800471492 JUNE JOHN R 10518 SOUTHEAST 232ND ST KENT WA 98031
320-01 800472433 SCHULTZ STEPHEN MATTHEW 348 WEST CREEK SIDE WAY KAYSVILLE UT 84037
320-01 800473860 GARBAWI SHLOMO 2983 SOUTH ONEIDA STREET DENVER CO 80224
320-01 800475733 HERNANDEZ MANUEL H 74 WINWARD DRIVE BARNEGAT NJ 08005
320-01 800476491 MUTCH SUZANNE MARIE 3210 EAST ZILLAH DRIVE ZILLAH WA 98953
320-01 800479271 ORTIZ KENNETH LOT 99 LONG LEAF DRIVE EFFORT PA 18330
320-01 800479693 REDMON JOELLA 5815 CAMBRIA ROAD NW ALBUQUERQUE NM 87120
320-01 800479842 LUNDBERG CAROLEE 52 ASPEN ROAD EDGEWOOD NM 87015
320-01 800480600 HATCH MAX O 2186 EAST KARALEE WAY SANDY UT 84092
320-01 800481392 BUGBY KIM 12753 SOUTH DUNHAMMER DR RIVERTON UT 84065
320-01 800482598 NEAUS DAVID 4164 MAIN STREET HOLLYWOOD PA 18201
320-01 800486193 COLBY BRIAN SCOTT 76 WONDERLAND AVE GOLDEN CO 80403
320-01 800487514 SIMONS GARY D 1316 WEST BERRIDGE LANE PHOENIX AZ 85013
320-01 800490773 TAYLOR BONNIE 1412 JEFFERSON STREET KINGMAN AZ 86401
320-01 800497653 ADAMS DONNA 89 BAY WAY AVENUE BAY SHORE NY 11706
320-01 800499568 BABILOT WARREN G 1875 CENTRAL AVE CANON CITY CO 81212
320-01 800503484 SWANSON RUBY 1701 41ST STREET SOUTH ST PETERSBU FL 33711
320-01 800504730 ESQUIVEL ALEJANDRO 3450 EAST LIBBY STREET PHOENIX AZ 85032
320-01 800504763 GRAY MATHEW W 1147 CHESTNUT STREET CHICO CA 95928
320-01 800505117 FRANK JOSEPH P 642 CHURCHILL AVENUE PITTSBURGH PA 15235
320-01 800507592 MIYASAKI ALBERT A 2008 CRESTMONT DRIVE MOSES LAKE WA 98837
320-01 800508889 LEBLANC EUGENE R 609 WEST 5900 SOUTH MURRAY UT 84123
320-01 800512949 FATAICHER EDWARD J JR 124 ROOSEVELT STREET EDWARDSVILL PA 18704
320-01 800514499 THAYER DAVID O 2411 VINE PLACE BOULDER CO 80304
320-01 800515116 NESFEDER SHARON A 1110 MARFIELD DRIVE NAZARETH PA 18064
320-01 800519068 FERRANTI ROBERT J SR 6945 ROGERS STREET LAS VEGAS NV 89118
320-01 800521262 ONEAL DORCAS K 6 CRESTMONT ROAD WEST ORANGE NJ 07052
320-01 800521338 TORRES MARCELINO 144 HEMPSTEAD AVENUE LYNBROOK NY 11563
320-01 800523029 ELLER JAMES I 427 WEST WENGER ROAD ENGLEWOOD OH 45322
320-01 800524357 ALMODOVAR CARLOS M 364 HOLLYWOOD AVENUE FAIRFIELD NJ 07004
320-01 800525610 RATONEL MARCONI 1505 L AVENUE NATIONAL CI CA 91950
320-01 800528622 OMU IBADA 311 15TH STREET NE WASHINGTON DC 20002
320-01 800530701 NORMAN GERALD R 3431 SOUTH 8480 WEST MAGNA UT 84044
320-01 800533382 NUNEZ EVARISTO P 18204 W HAPPY VALLEY ROAD WITTMAN AZ 85361
320-01 800533523 GRAHAM OTHO V JR 3834 NORTH 63RD DRIVE PHOENIX AZ 85033
320-01 800534901 CANO LINDI 3871 PEACH DRIVE LOOMIS CA 95650
320-01 800535064 CAREY DANNY R 6467 SOUTH LOUTHAN STREET LITTLETON CO 80120
320-01 800536351 BIRRO FAYEZ 1809 EAST GREENLEAF STREET ALLENTOWN PA 18103
320-01 800536450 KILBERT JASON A 2802 GROVER STREET MCKEESPORT PA 15132
320-01 800537961 LARSON MARTHA S 3732 WEST FLEETWOOD LANE PHOENIX AZ 85019
320-01 800538001 WHITEHEAD CLARK D 844 SOUTH PROSPECT STREET TACOMA WA 98405
320-01 800538357 ROYBAL JOANN M 513 NORTH CHESTNUT STREET CO SPRINGS CO 80905
320-01 800538365 DICKINSON JAMES C II 899 INDIAN LAKE DRIVE LILBURN GA 30247
320-01 800538506 WILLIAMS NICHOLAS E 6104 MASSILLON ROAD DALTON OH 44618
320-01 800539082 LOUGHLIN LEWIS D JR 46 SEDGWICK DRIVE EAST BERLIN PA 17316
320-01 800539926 LANE MURRAY W 5458 OLD FARM CIRCLE EAST CO SPRINGS CO 80917
320-01 800542789 GLORA MICHAEL A JR 7724 GRANBERG COURT LAS VEGAS NV 89131
320-01 800546368 BEST ALISON T 20608 NORTH 5TH DRIVE PHOENIX AZ 85027
320-01 800547010 WHITELEY SUE A 3072 WEST ADA PLACE DENVER CO 80219
320-01 800548695 PEIRIS SIRALI 3622 QUAIL CREEK DRIVE N LAS VEGAS NV 89030
320-01 800548927 LU ROSE 1830 AMITY DRIVE LANCASTER PA 17601
320-01 800549750 BARNIER JANET HAFEN 3501 EAST HIGHWAY 14 CEDAR CITY UT 84720
320-01 800551905 HAEGER VIRGIL J 15191 ORANGE BLOSSOM ROAD OAKDALE CA 95361
320-01 800552374 ORNELAS CHRISTINE 955 MODELL DRIVE CO SPRINGS CO 80911
320-01 800554172 HAWKINS SHERRA L 890 MEADOW WALK AVENUE LAWRENCEVIL GA 30044
320-01 800555393 EDWARDS ESTELLE 14410 KIMBARK DOLTON IL 60419
320-01 800555468 LEGG RACHEL 1817 SOUTH 8TH STREET CO SPRINGS CO 80906
320-01 800556235 BARLOW VIRGINIA 2000 ASHLEY LANE GLADEWATER TX 75647
320-01 800557910 FRENCH RONALD CHARLES 125 WEST ELM STREET ELIZABETH CO 80107
320-01 800560930 HANIEH IBRAHIM 9300 SOUTH MAJOR OAK LAWN IL 60453
320-01 800561169 GREGORY SCOTT B 25414 NORTH 93RD AVENUE PEORIA AZ 85382
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800467631 76,000.00 76,000.00 04/01/98 03/01/28 9.875 8.875 15.875 5.750
800468746 154,700.00 154,635.13 02/01/98 01/01/28 10.250 10.250 16.250 7.550
800471492 120,450.00 120,450.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800472433 130,000.00 129,890.51 01/01/98 12/01/27 10.250 9.250 16.250 6.550
800473860 149,500.00 149,253.17 12/01/97 11/01/27 9.000 9.000 15.000 6.300
800475733 55,250.00 55,225.99 01/01/98 12/01/27 13.250 12.250 19.250 8.650
800476491 100,000.00 100,000.00 03/01/98 02/01/28 9.250 8.250 15.250 5.250
800479271 118,900.00 118,797.15 01/01/98 12/01/27 10.125 10.125 16.125 6.600
800479693 102,600.00 102,433.58 01/01/98 12/01/27 10.375 9.375 16.375 6.550
800479842 84,600.00 84,600.00 04/01/98 03/01/28 10.250 9.250 16.250 6.500
800480600 164,000.00 163,820.17 01/01/98 12/01/27 9.000 8.000 15.000 5.000
800481392 124,650.00 124,530.10 02/01/98 01/01/28 9.625 8.625 15.625 6.050
800482598 29,520.00 29,504.30 03/01/98 02/01/28 9.125 8.125 15.125 6.050
800486193 113,000.00 113,000.00 03/01/98 02/01/28 9.000 8.000 15.000 5.500
800487514 153,000.00 152,860.40 01/01/98 12/01/27 9.875 8.875 15.875 6.550
800490773 81,600.00 81,515.06 01/01/98 12/01/27 9.250 8.250 15.250 5.650
800497653 175,500.00 175,500.00 04/01/98 03/01/28 9.125 9.125 15.125 6.250
800499568 62,050.00 62,000.46 02/01/98 01/01/28 10.500 9.500 16.500 7.000
800503484 52,000.00 51,979.34 03/01/98 02/01/28 10.500 9.500 16.500 6.750
800504730 64,000.00 63,946.10 01/01/98 12/01/27 10.250 9.250 16.250 6.300
800504763 72,000.00 72,000.00 03/01/98 02/01/28 9.625 8.625 15.625 5.500
800505117 73,100.00 73,067.66 02/01/98 01/01/28 10.000 9.000 16.000 6.350
800507592 111,600.00 111,600.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800508889 153,000.00 152,924.74 02/01/98 01/01/28 9.500 8.500 15.500 6.200
800512949 112,000.00 111,975.10 02/01/98 01/01/28 13.125 12.125 19.125 9.050
800514499 188,800.00 188,699.53 02/01/98 01/01/28 9.125 8.125 15.125 6.300
800515116 50,000.00 49,977.29 03/01/98 02/01/28 9.875 8.875 15.875 5.500
800519068 157,500.00 157,500.00 03/01/98 02/01/28 9.625 8.625 15.625 5.750
800521262 136,000.00 135,944.48 03/01/98 02/01/28 10.375 9.375 16.375 6.000
800521338 135,000.00 134,940.28 03/01/98 02/01/28 10.000 10.000 16.000 6.950
800523029 135,000.00 134,876.83 02/01/98 01/01/28 9.875 8.875 15.875 6.750
800524357 182,750.00 182,750.00 04/01/98 03/01/28 10.250 10.250 16.250 6.750
800525610 102,000.00 102,000.00 03/01/98 02/01/28 10.125 9.125 16.125 6.750
800528622 126,000.00 126,000.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
800530701 97,200.00 97,200.00 03/01/98 02/01/28 9.500 8.500 15.500 7.125
800533382 82,800.00 82,760.33 02/01/98 01/01/28 9.625 8.625 15.625 6.500
800533523 45,900.00 45,859.21 02/01/98 01/01/28 10.000 9.000 16.000 6.300
800534901 216,000.00 216,000.00 03/01/98 02/01/28 10.250 9.250 16.250 6.000
800535064 108,000.00 108,000.00 03/01/98 02/01/28 9.000 8.000 15.000 5.500
800536351 38,250.00 38,250.00 03/01/98 02/01/28 9.625 8.625 15.625 6.000
800536450 24,565.00 24,554.70 03/01/98 02/01/28 10.250 9.250 16.250 6.250
800537961 71,400.00 71,361.00 02/01/98 01/01/28 9.000 8.000 15.000 5.550
800538001 55,000.00 54,952.42 03/01/98 02/01/28 10.125 9.125 16.125 6.250
800538357 59,000.00 58,975.91 03/01/98 02/01/28 10.375 9.375 16.375 6.000
800538365 61,200.00 61,200.00 03/01/98 02/01/28 9.750 9.750 15.750 6.800
800538506 34,000.00 33,985.75 03/01/98 02/01/28 10.250 9.250 16.250 6.250
800539082 101,700.00 101,700.00 03/01/98 02/01/28 10.375 9.375 16.375 7.300
800539926 122,400.00 122,400.00 03/01/98 02/01/28 9.375 8.375 15.375 5.150
800542789 124,100.00 123,986.78 02/01/98 01/01/28 9.875 8.875 15.875 6.750
800546368 89,000.00 88,958.48 02/01/98 01/01/28 9.750 8.750 15.750 5.750
800547010 65,600.00 65,600.00 03/01/98 02/01/28 8.875 7.875 14.875 5.500
800548695 132,300.00 132,300.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800548927 50,000.00 50,000.00 03/01/98 02/01/28 10.375 9.375 16.375 6.650
800549750 111,000.00 111,000.00 04/01/98 03/01/28 10.375 9.375 16.375 6.500
800551905 192,000.00 192,000.00 03/01/98 02/01/28 9.625 8.625 15.625 5.500
800552374 94,000.00 94,000.00 04/01/98 03/01/28 10.000 9.000 16.000 7.250
800554172 98,900.00 98,848.72 03/01/98 02/01/28 9.250 8.250 15.250 6.250
800555393 81,000.00 81,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800555468 136,800.00 136,800.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800556235 80,750.00 80,685.54 04/01/98 03/01/28 10.500 9.500 16.500 7.000
800557910 84,000.00 83,961.84 03/01/98 02/01/28 9.875 8.875 15.875 5.750
800560930 124,500.00 124,500.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
800561169 114,300.00 114,300.00 03/01/98 02/01/28 10.125 9.125 16.125 6.500
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 3 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-01 800561748 EASTBURN KENNY 451 EAST 600 NORTH TOOELE UT 84074
320-01 800564817 HARIG PATRICK G 569 VIDA CIRCLE COOPERSVILL MI 49404
320-01 800566507 BAKER RONALD 1608 SOUTH 6TH AVENUE MAYWOOD IL 60153
320-01 800566895 BLIX VICTOR E 649 BRYAN STREET ATLANTA GA 30328
320-01 800567141 WOODS BONNIE J 1240 NORTH STADIUM AVENUE THATCHER AZ 85552
320-01 800568016 BRUGGER CHARLES 155 FOUNTAIN STREET PHILADELPHI PA 19127
320-01 800568180 GRIFFIN JOSEPH J JR 165 FOREST RD MILFORD CT 06460
320-01 800568792 WHITELEY SUE ANN 3057 WEST ADA PLACE DENVER CO 80219
320-01 800568834 SCORZA GREGORY M 5 45TH STREET SUMMERLAND FL 33043
320-01 800569725 BLUITT MEREDYTHE 709 SYLVAN DRIVE LONGVIEW TX 75602
320-01 800570475 GORON CARL G 212 CENTER ST FOND DU LAC WI 54937
320-01 800572117 ERNEST ERIC 19317 STOCKTON AVENUE MAPLE HGHTS OH 44137
320-01 800576571 YOSOYE LOLU 815 OTIS PLACE WASHINGTON DC 20010
320-01 800579492 TALARICO LAWRENCE P 41 NEW STREET RAMSEY NJ 07446
320-01 800583551 DISHAROON SAMUEL J VI 4528 KRISTIN LANE SALISBURY MD 21801
320-01 800584203 TRAETTINO CHRISTOPHE 6609 E CALLE REDONDO SCOTTSDALE AZ 85251
320-01 800584401 KRUSE MISTY B 232 KELSEY KOURT COTOPAXI CO 81223
320-01 800585226 DOUGHERTY DENNIS 2 NOBLE ROAD SICKLERVILL NJ 08081
320-01 800588261 SNYDER JOHN R 13920 EAGLE RIDGE LAKES DR FT MYERS FL 33912
320-01 800588709 RODRIGUEZ GLORIA 7040 POPLAR COURT COMMERCE CI CO 80022
320-01 800594145 GIRAULO GREG 1929 SOUTH OLD MILL DRIVE DELTONA FL 32725
320-01 800594608 PITRE JANA GAYLE 506 TULLIE DRIVE LONGVIEW TX 75601
320-01 800594830 DOUGLAS RONALD C 260 EAST CRESCENT AVENUE MAHWAH NJ 07430
320-01 800598864 CLACKWORTHY PAMELA K 1223 DELAWARE DRIVE MATAMORAS PA 18336
320-01 800602930 BACH THUY N 3630 LAKE BOULEVARD NORTH CLEARWATER FL 33762
320-01 800628430 OBOYLE MARY 1458 FORECASTLE AVENUE MANAHAWKIN NJ 08050
320-01 800631848 FRANK RUDOLPH J 233 BURBANK ROAD WILMINGTON NC 28412
320-01 180161861 GRANTHAM DONNELL 505 CHESTNUT ST BROOKLYN NY 11208
320-01 800303471 SHIELDS JOHN L JR 2432 SOUTH 2ND STREET PHILADELPHI PA 19148
320-01 800338428 UHER WILLIAM J 736 E LOCUST STREET SCRANTON PA 18505
320-01 800346769 MORGAN DELBERT III 44 CHURCH ROAD MOUNTAINTOP PA 18707
320-01 800349615 WHEELER CLAUDE JR 4818 SPRING ROAD SHERMANS DA PA 17090
320-01 800351694 JONES KEITH 925 SOUTH VALLEY AVENUE THROOP PA 18512
320-01 800363947 MILLS JOHN H 754 AMERICANA COURT DOVER TWNSP NJ 08753
320-01 800386096 JAMES BARBARA 140 NORMAN STREET EAST ORANGE NJ 07017
320-01 800387862 KOSER LUCY JEAN RD2 BOX 268 HILLSIDE DRIVE DANVILLE PA 17821
320-01 800389140 SHELLY HAROLD 212 DUKE STREET EPHRATA PA 17522
320-01 800391260 STEPHENS TERRY LEE 7528 CRANBERRY COURT HANOVER MD 21076
320-01 800393985 BAKKER ARTHUR 15 ROSETOWN ROAD TOMKINS COV NY 10986
320-01 800405821 MULLIN WILLIAM 223 EAST STREET COALDALE PA 18218
320-01 800416653 PATANE PAPALII 11431 SOUTH 2510 WEST S JORDAN UT 84095
320-01 800417412 URIBE JOSE L 451 EAST 700 SOUTH SALT LK CTY UT 84111
320-01 800421570 POTTER CAREY D RR 1 BOX 244B WHITE HAVEN PA 18661
320-01 800422040 JAMES ELAINE 3100 CHURCH ROAD CHERRY HILL NJ 08002
320-01 800424145 TRACEY CHARLES H JR 91 MAIN STREET STOUCHSBURG PA 19567
320-01 800427262 STEFANI FRANK 637 CHERRY STREET SCRANTON PA 18505
320-01 800431249 DAVIS RONALD E 144-16 227TH STREET LAURELTON NY 11413
320-01 800435430 CHISOLM JOE W 634 SOUTH 29TH STREET HARRISBURG PA 17103
320-01 800438178 DAVISON JAMES R 101 PEARNE STREET TOPPENISH WA 98948
320-01 800438806 PRASCO RICHARD A II 38801 SALTWELL ROAD LISBON OH 44432
320-01 800447039 CASTELLINE LEONARD C 511 MILL STREET DUNMORE PA 18512
320-01 800449613 PETERS WILLIAM R 28 W MORRIS AVENUE PARSIPPANY NJ 07878
320-01 800451965 SCHAFSTECK ROBERT F 4551 EAST LAKE ROAD WILSON NY 14172
320-01 800452286 VECERKAUSKAS PAUL 20 CROW STREET PLAINS PA 18705
320-01 800454266 RUTLEDGE DUAYNE 197 SHETLAND STREET PITTSBURGH PA 15206
320-01 800454746 COOK LORI 1426 FOURTH AVENUE BEAVER FALL PA 15010
320-01 800456428 WENTZ MATTHEW R RR 1 1479A WILDASIN ROAD N CODORUS PA 17362
320-01 800457848 DERK TIMOTHY A 1103 W SHAMOKIN STREET TREVORTON PA 17881
320-01 800459737 CROWLEY PEGGY L 810 EAST MARKET STREET DANVILLE PA 17821
320-01 800460388 WOLFF KIMBERLY A 536 WOODLAND AVENUE GLENDOLA NJ 08029
320-01 800467508 MACIEL RICARDO 4261 MOON DRIVE MOSES LAKE WA 98837
320-01 800469264 GREGORY LOUIS C 109 LACONIA AVENUE STATEN ISLA NY 10305
320-01 800470353 HASKINS DEAN R 1445 BROOKLINE BOULEVARD PITTSBURGH PA 15226
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800561748 56,000.00 56,000.00 03/01/98 02/01/28 9.125 8.125 15.125 6.250
800564817 101,600.00 101,600.00 04/01/98 03/01/28 9.000 8.000 15.000 5.350
800566507 111,200.00 111,200.00 04/01/98 03/01/28 9.875 8.875 15.875 5.750
800566895 17,150.00 17,150.00 04/01/98 03/01/28 9.375 8.375 15.375 5.250
800567141 49,800.00 49,800.00 04/01/98 03/01/28 10.375 9.375 16.375 7.300
800568016 68,800.00 68,800.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800568180 162,000.00 162,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800568792 68,000.00 68,000.00 03/01/98 02/01/28 8.875 7.875 14.875 5.500
800568834 102,850.00 102,850.00 04/01/98 03/01/28 9.625 8.625 15.625 5.500
800569725 53,910.00 53,858.16 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800570475 85,500.00 85,500.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800572117 77,400.00 77,400.00 04/01/98 03/01/28 9.500 9.500 15.500 6.250
800576571 126,900.00 126,900.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800579492 164,500.00 164,500.00 03/01/98 02/01/28 12.750 11.750 18.750 8.650
800583551 128,000.00 128,000.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
800584203 160,000.00 159,912.60 02/01/98 01/01/28 9.000 9.000 15.000 6.000
800584401 69,500.00 69,500.00 04/01/98 03/01/28 8.875 7.875 14.875 5.250
800585226 54,000.00 54,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800588261 101,200.00 101,200.00 03/01/98 02/01/28 9.875 8.875 15.875 5.750
800588709 90,000.00 90,000.00 03/01/98 02/01/28 9.750 9.750 15.750 6.500
800594145 105,650.00 105,650.00 03/01/98 02/01/28 10.375 9.375 16.375 7.300
800594608 60,300.00 60,300.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800594830 217,000.00 217,000.00 04/01/98 03/01/28 10.000 9.000 16.000 6.625
800598864 78,300.00 78,300.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800602930 106,250.00 106,250.00 04/01/98 03/01/28 9.750 8.750 15.750 6.250
800628430 89,900.00 89,900.00 04/01/98 03/01/28 11.250 10.250 17.250 7.500
800631848 70,550.00 70,550.00 04/01/98 03/01/28 11.125 10.125 17.125 7.000
180161861 100,800.00 100,384.06 05/01/97 04/01/27 11.125 10.125 16.125 6.750
800303471 63,750.00 63,617.80 09/01/97 08/01/27 11.250 10.250 17.250 6.950
800338428 51,000.00 50,916.93 11/01/97 10/01/27 11.500 10.500 17.500 7.200
800346769 84,000.00 83,953.76 02/01/98 01/01/28 13.625 12.625 19.625 8.900
800349615 65,600.00 65,560.79 12/01/97 11/01/27 13.625 12.625 19.625 8.900
800351694 64,000.00 63,953.05 12/01/97 11/01/27 12.750 11.750 18.750 8.300
800363947 99,700.00 99,516.56 11/01/97 10/01/27 9.875 8.875 15.875 5.550
800386096 114,750.00 114,648.06 02/01/98 01/01/28 10.000 10.000 16.000 6.250
800387862 56,000.00 55,978.27 01/01/98 12/01/27 13.750 12.750 19.750 8.900
800389140 50,750.00 50,668.67 12/01/97 11/01/27 9.125 8.125 15.125 4.800
800391260 140,800.00 140,731.52 01/01/98 12/01/27 12.750 11.750 18.750 8.250
800393985 124,000.00 123,949.38 02/01/98 01/01/28 10.375 9.375 16.375 6.250
800405821 65,450.00 65,360.32 01/01/98 12/01/27 9.875 8.875 15.875 6.050
800416653 212,400.00 212,216.26 01/01/98 12/01/27 10.125 9.125 16.125 6.500
800417412 60,000.00 59,946.70 01/01/98 12/01/27 10.000 9.000 16.000 6.000
800421570 138,750.00 138,623.99 01/01/98 12/01/27 9.875 8.875 15.875 6.200
800422040 112,800.00 112,754.99 01/01/98 12/01/27 13.625 12.625 19.625 8.900
800424145 55,800.00 55,727.28 01/01/98 12/01/27 10.125 9.125 16.125 6.250
800427262 49,600.00 49,579.24 01/01/98 12/01/27 13.375 12.375 19.375 9.050
800431249 135,000.00 134,866.67 01/01/98 12/01/27 9.500 9.500 15.500 6.550
800435430 65,700.00 65,669.35 02/01/98 01/01/28 9.750 8.750 15.750 5.500
800438178 119,700.00 119,497.17 12/01/97 11/01/27 8.875 7.875 14.875 5.000
800438806 66,300.00 66,269.87 02/01/98 01/01/28 9.875 8.875 15.875 5.700
800447039 77,600.00 77,534.64 02/01/98 01/01/28 10.250 9.250 16.250 6.200
800449613 58,000.00 57,936.40 02/01/98 01/01/28 9.000 8.000 15.000 4.700
800451965 128,000.00 127,937.04 02/01/98 01/01/28 9.500 8.500 15.500 4.950
800452286 76,000.00 75,982.13 02/01/98 01/01/28 12.875 11.875 18.875 8.450
800454266 40,000.00 39,984.47 01/01/98 12/01/27 13.750 12.750 19.750 9.400
800454746 22,400.00 22,387.47 01/01/98 12/01/27 13.000 12.000 19.000 8.700
800456428 78,750.00 78,750.00 03/01/98 02/01/28 10.250 10.250 16.250 7.300
800457848 44,000.00 43,962.10 01/01/98 12/01/27 10.125 9.125 16.125 5.700
800459737 39,600.00 39,583.83 02/01/98 01/01/28 10.375 9.375 16.375 6.250
800460388 86,250.00 86,181.16 01/01/98 12/01/27 10.500 9.500 16.500 6.500
800467508 65,250.00 65,190.46 01/01/98 12/01/27 9.875 8.875 15.875 6.250
800469264 80,000.00 80,000.00 03/01/98 02/01/28 10.125 9.125 16.125 6.000
800470353 57,600.00 57,600.00 03/01/98 02/01/28 12.750 11.750 18.750 8.000
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 4 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-01 800470619 MEYER STEVEN M 3914 EBENEZER ROAD MARIETTA GA 30066
320-01 800471369 SMITH-SWAIN CLAUDIA E 2428 ZANE PLACE COLORADO SP CO 80917
320-01 800473027 KELLY KATHLEEN A 35 LIME STREET EPHRATA PA 17522
320-01 800473316 STOTT DAVID A 2930 NIAGARA AVENUE NIAGARA FAL NY 14305
320-01 800474645 PURTELL MICHAEL J 23 TAMARACK LANE CLIFTON PK NY 12065
320-01 800476962 SINGH CHAMI 71-26 SUTTON PLACE FRESH MEADO NY 11365
320-01 800477259 TUSZYNSKI DOREEN 1907 WARWICK LANE CO SPRINGS CO 80909
320-01 800479602 ALVAREZ LUDWING 15 SOUTH 9TH STREET CO SPRINGS CO 80905
320-01 800480980 BRITTINGHAM RICHARD L 1027 GREERS CORNER ROAD TOWNSEND DE 19734
320-01 800481871 MARTIN BOBBY G 4221 YADKINVILLE ROAD WINSTON SAL NC 27106
320-01 800482606 HEFFERNAN MARK 1648 S BAILEY STREET PHILADELPHI PA 19145
320-01 800483117 TRUJILLO DONNA 3145 SOUTH JEAN STREET MAGNA UT 84044
320-01 800483349 KRUGER KENNETH 640 ARGOSY STREET ISLIP TERRA NY 11752
320-01 800484669 KAMIENSKI STANLEY J 130 FREDERICK STREET CARTERET NJ 07008
320-01 800487589 MARTINI JAMES J 1693 BEST PLACE BETHLEHEM PA 18017
320-01 800487621 FISCHER LYNNE 83 WINDHAM WAY FREEHOLD NJ 07728
320-01 800488116 ALVAREZ LUDWING 5606 LITTLE NELL COURT CO SPRINGS CO 80918
320-01 800489643 DEMELL JOHN E 721 BANK STREET LODI OH 44254
320-01 800489981 YERKS ALBERT C 549 MANHATTAN AVENUE THORNWOOD NY 10594
320-01 800490757 MOHLER DELSIE A 805 EAST 58TH STREET TACOMA WA 98404
320-01 800490997 HANSON ANN S 6679 SOUTH DAHLIA CIRCLE LITTLETON CO 80121
320-01 800491326 DIAMOND ELIZABETH M RR 2 BOX 2028 WHITE HAVEN PA 18661
320-01 800492456 SCOTT SHEILA JOYCE 506 EAST MELTON STREET LONGVIEW TX 75602
320-01 800496184 SCHLAG WILLIAM W 3291 ALTA VISTA DRIVE DOVER PA 17315
320-01 800496523 TEMPLIN ROBERT J 124 EAST CHESTNUT STREET SHAMOKIN PA 17872
320-01 800496911 CHARLES EDGAR H 1519 WEST WOOD STREET SHAMOKIN PA 17866
320-01 800497836 DOWNS JOHN W 2525 OAKDALE STREET SOUTH ST PETERSBU FL 33705
320-01 800498222 GLASSMAN VERONICA 2197 SIXTH STREET EAST MEADOW NY 11554
320-01 800498529 DIAS KATHLEEN A 3195 WEST DAKOTA AVENUE DENVER CO 80219
320-01 800499949 SERRANO WILFREDO M 526 HIGH STREET LANCASTER PA 17603
320-01 800503302 ROSU THEODORE P 967 KIRK ROAD WILLIAMSTOW NJ 08094
320-01 800505067 SNYDER JOHN T 1079 WINTERHAWK DRIVE ST AUGUSTIN FL 32086
320-01 800505992 FRANK JOHN J III RR 1 BOX 585 G5 CANADENSIS PA 18325
320-01 800506677 NGUYEN GIOI V 166 E JACKSON STREET YORK PA 17403
320-01 800508202 BRINIG PAUL J 604 ALLENVIEW DRIVE MECHANICSBU PA 17055
320-01 800509564 HAMERSLY LORI 618 MAPLE STREET WHITEHALL PA 18052
320-01 800509762 MONTGOMERY HOMER D 1312 BRANDONWOOD DRIVE BRANDON FL 33510
320-01 800515983 HOFFMANN CANDY L 170 ROGERS AVENUE TONAWANDA NY 14150
320-01 800516502 DIIORIO ROGER G 117 SAINT EMILION COURT PONTE VEDRA FL 32082
320-01 800516809 BURGOS SONIA 97 VERMONT AVENUE OCEANSIDE NY 11572
320-01 800517120 SANABIA FELIPE 85 JUSTICE STREET W BABYLON NY 11704
320-01 800517765 OLEY LEONARD RR 1 BOX 155 SHICKSHINNY PA 18655
320-01 800523656 LOFFREDO MARIA D 12 SHERMAN AVENUE GREENWICH CT 06830
320-01 800526923 SCOTT ROBERT J 8301 PERRY HIGHWAY PITTSBURGH PA 15237
320-01 800527251 CASABONA ANTHONY 177 LEDGE ROAD MIDDLETOWN NY 10940
320-01 800528739 MEZA ARCENIO 3421 HARRISON STREET DENVER CO 80205
320-01 800530461 FAZZARI ROMA 3127 NORTHBROOK DRIVE ATLANTA GA 30341
320-01 800531717 BROWN NANCY 4321 6TH AVENUE NORTH ST PETERSBU FL 33713
320-01 800531949 WILSON LEWIS 185 SUNRISE LANE POTTSTOWN PA 19464
320-01 800533929 CRANE RENEE 18260 MASON SMITH ROAD BROOKSVILLE FL 34601
320-01 800536120 NOVKOVIC GERDA L 4 TURNER DRIVE CARTERSVILL GA 30120
320-01 800538183 WILLIAMS DONALD 3162 ROSE HEATH LANE LITHONIA GA 30037
320-01 800539348 DALE PATRICIA G 4130 HAPPY CANYON DRIVE DALLAS TX 75241
320-01 800541500 QUINN ELIZABETH M 6 CLARKWOOD DRIVE CORNWALL NY 12518
320-01 800541542 KEISLING PAUL D 57 HICKORY LANE CHALFONT PA 18914
320-01 800542847 ENGELHARDT ROBERT SCOTT STREET MARGARETVIL NY 12455
320-01 800546392 METZGAR DOUGLAS W RR 5 BOX 5828 SAYLORSBURG PA 18353
320-01 800546699 GIESSUEBEL WILLIAM R 753 ELMHURST COURT GLASSBORO NJ 08028
320-01 800549289 DARBROW JULIE R 65 SHAWNEE TRAIL YORK HAVEN PA 17370
320-01 800550378 RING CYNTHIA 465 OLD FARMINGDALE ROAD W BABYLON NY 11704
320-01 800551582 CANALES JESUS I 2680 FAIRWAY AVENUE SOUTH ST PETERSBU FL 33712
320-01 800554453 WALLIS NATHAN MAX 148 FRANKLIN ROAD HALLSVILLE TX 75650
320-01 800557977 CHO SANG CHUL 756 BOYLSTON STREET NEWTON MA 02161
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800470619 96,000.00 95,966.80 01/01/98 12/01/27 14.250 13.250 20.250 9.900
800471369 131,325.00 131,201.98 01/01/98 12/01/27 9.750 8.750 15.750 7.000
800473027 67,200.00 67,121.00 03/01/98 02/01/28 10.375 9.375 16.375 6.550
800473316 36,000.00 35,951.81 12/01/97 11/01/27 10.000 9.000 16.000 5.250
800474645 88,600.00 88,581.91 02/01/98 01/01/28 13.500 12.500 19.500 9.700
800476962 114,300.00 114,300.00 03/01/98 02/01/28 10.375 9.375 16.375 7.450
800477259 100,300.00 100,300.00 03/01/98 02/01/28 10.250 9.250 16.250 6.750
800479602 71,250.00 71,135.40 01/01/98 12/01/27 9.125 8.125 15.125 5.750
800480980 189,000.00 188,924.89 02/01/98 01/01/28 10.500 9.500 16.500 6.950
800481871 160,000.00 160,000.00 03/01/98 02/01/28 9.750 8.750 15.750 5.500
800482606 28,000.00 28,000.00 03/01/98 02/01/28 10.125 9.125 16.125 6.500
800483117 97,325.00 97,243.03 01/01/98 12/01/27 10.250 9.250 16.250 7.000
800483349 148,500.00 148,500.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800484669 89,600.00 89,563.21 02/01/98 01/01/28 13.500 12.500 19.500 9.400
800487589 121,050.00 121,050.00 03/01/98 02/01/28 10.500 9.500 16.500 6.550
800487621 135,000.00 134,928.16 03/01/98 02/01/28 9.125 8.125 15.125 5.250
800488116 119,000.00 118,891.44 02/01/98 01/01/28 9.875 8.875 15.875 7.000
800489643 55,000.00 54,951.14 02/01/98 01/01/28 10.000 9.000 16.000 5.950
800489981 183,000.00 183,000.00 03/01/98 02/01/28 9.625 8.625 15.625 5.750
800490757 60,000.00 59,950.81 02/01/98 01/01/28 10.375 9.375 16.375 6.000
800490997 104,800.00 104,682.05 01/01/98 12/01/27 8.875 7.875 14.875 5.250
800491326 120,700.00 120,642.17 02/01/98 01/01/28 9.625 8.625 15.625 6.050
800492456 130,500.00 130,371.13 02/01/98 01/01/28 9.500 8.500 15.500 5.750
800496184 79,050.00 79,018.59 02/01/98 01/01/28 10.500 9.500 16.500 6.250
800496523 24,000.00 23,996.00 03/01/98 02/01/28 13.500 12.500 19.500 9.400
800496911 18,500.00 18,500.00 03/01/98 02/01/28 10.000 9.000 16.000 6.300
800497836 40,500.00 40,463.05 02/01/98 01/01/28 9.875 8.875 15.875 6.250
800498222 113,000.00 112,950.01 02/01/98 01/01/28 10.000 10.000 16.000 7.550
800498529 90,100.00 90,008.64 02/01/98 01/01/28 9.375 8.375 15.375 5.400
800499949 53,800.00 53,800.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800503302 86,400.00 86,400.00 03/01/98 02/01/28 9.875 8.875 15.875 5.850
800505067 115,000.00 115,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.750
800505992 96,800.00 96,752.91 02/01/98 01/01/28 12.750 11.750 18.750 8.250
800506677 49,500.00 49,500.00 03/01/98 02/01/28 10.500 9.500 16.500 6.550
800508202 71,190.00 71,103.10 02/01/98 01/01/28 9.250 8.250 15.250 5.500
800509564 75,250.00 75,215.81 03/01/98 02/01/28 9.875 8.875 15.875 5.950
800509762 105,300.00 105,300.00 03/01/98 02/01/28 8.875 7.875 14.875 6.250
800515983 68,960.00 68,945.10 02/01/98 01/01/28 13.250 12.250 19.250 8.700
800516502 124,000.00 123,942.98 02/01/98 01/01/28 13.000 12.000 19.000 8.000
800516809 162,000.00 161,924.42 02/01/98 01/01/28 9.750 9.750 15.750 6.550
800517120 141,600.00 141,542.19 02/01/98 01/01/28 10.375 9.375 16.375 6.550
800517765 58,000.00 57,973.65 02/01/98 01/01/28 9.875 8.875 15.875 6.050
800523656 191,750.00 191,708.57 02/01/98 01/01/28 13.250 12.250 19.250 8.650
800526923 62,900.00 62,848.42 02/01/98 01/01/28 10.375 9.375 16.375 6.750
800527251 121,500.00 121,447.67 03/01/98 02/01/28 10.125 9.125 16.125 6.250
800528739 90,000.00 89,961.23 02/01/98 01/01/28 10.125 9.125 16.125 6.250
800530461 132,000.00 131,941.61 02/01/98 01/01/28 10.000 9.000 16.000 6.050
800531717 38,250.00 38,200.16 02/01/98 01/01/28 10.125 9.125 16.125 6.750
800531949 63,000.00 63,000.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800533929 93,500.00 93,360.01 02/01/98 01/01/18 9.000 8.000 15.000 6.250
800536120 71,100.00 71,100.00 03/01/98 02/01/28 10.125 9.125 16.125 6.950
800538183 137,700.00 137,700.00 03/01/98 02/01/28 9.750 8.750 15.750 5.500
800539348 37,350.00 37,333.03 02/01/98 01/01/28 9.875 8.875 15.875 6.250
800541500 179,800.00 179,800.00 03/01/98 02/01/28 10.000 9.000 16.000 6.125
800541542 180,000.00 179,957.66 02/01/98 01/01/28 12.875 11.875 18.875 8.750
800542847 77,400.00 77,333.04 02/01/98 01/01/28 10.125 9.125 16.125 6.250
800546392 90,800.00 90,800.00 03/01/98 02/01/28 9.375 8.375 15.375 5.250
800546699 105,600.00 105,600.00 03/01/98 02/01/28 13.125 12.125 19.125 9.050
800549289 99,000.00 98,957.36 03/01/98 02/01/28 10.125 9.125 16.125 6.450
800550378 102,000.00 102,000.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
800551582 85,500.00 85,500.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
800554453 68,400.00 68,337.60 03/01/98 02/01/28 9.875 8.875 15.875 6.500
800557977 150,000.00 149,843.86 01/22/98 12/22/27 9.250 8.250 15.250 5.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 5 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-01 800558512 OLIVER ED LEE JR 543 HOWELL ROAD ST PAULS NC 28384
320-01 800562845 RIOS OSCAR 8346 VINE PLACE THORNTON CO 80229
320-01 800564759 BUSH CORNELIA W 315 STAGE ROAD MONROE NY 10950
320-01 800574154 MORAN MARGARET ANN 12435 LOLA DRIVE SPRING HILL FL 34608
320-01 800575383 WARE CEDRIC M 724 40TH AVENUE SOUTH ST PETERSBU FL 33705
320-01 800576803 YOUNG JERALD O ROUTE 113A LAUREL DE 19956
320-01 800588428 MISLIN WILLIAM H JR 693 BRIGHTON ROAD TONAWANDA NY 14150
320-01 800616914 KRAFFT ANNE TUTTLE HILL ROAD LIVINGSTON NY 12758
320-01 180097867 PETICCA MARIO 909 ALPINE BLVD REAR PITTSBURGH PA 15221
320-01 180104002 COSSABOON ROBERT N 40 MORGAN HOLLOW WAY LANDENBERG PA 19350
320-01 180140535 LINK JOHN 1507 NEW HYDE PARK DR NEW HYDE PA NY 11040
320-01 800179848 NASE JAMES S 127 PENROSE STREET BEAVER MEAD PA 18216
320-01 800233710 VANALPHEN ROBERT 22 ROUTE HILLSDALE NY 12529
320-01 800284366 THORNE MELANIE A 214 SOUTH MORRIS STREET SAINT CLAIR PA 17970
320-01 800303992 STROUSE JASON L 600 PACKER STREET WEATHERLY PA 18255
320-01 800323412 KOUMANDARAKI JOHN 3434 JOHNSON FERRY ROAD ROSWELL GA 30075
320-01 800335291 LINCOLN HARRIET A 1800 WEST JUNIPER STREET ROSWELL NM 88201
320-01 800342933 NORMAND CATHERINE 355 SHERIDAN DRIVE NEW CASTLE DE 19720
320-01 800356065 SYKES ADDIE ANN RT 2 BOX 67 JACKSONVILL TX 75766
320-01 800359622 CHESNUT CRAIG 419 NORTH 300 EAST AMERICAN FO UT 84003
320-01 800375271 TORRES STEVEN J 13704 BAYTOMAC FARMS LANE FT WASHINGT MD 20744
320-01 800376345 PEPINO RALPH J 901 EAST EVESHAM ROAD RUNNEMEDE NJ 08078
320-01 800407082 WEBBER WILLIAM SCOTT 528 FREEMARK LANE OAKLEY CA 94561
320-01 800411969 DANIEL JOSEPH M 727 LAKE BISCAYNE WAY ORLANDO FL 32763
320-01 800431744 WARDEN JOHN F 210 JERSEY ROAD LEHIGH ACRE FL 33936
320-01 800439572 YURASITS JEFFREY E 914 N ELLIGER STREET ALLENTOWN PA 18102
320-01 800447476 STEWART CRAIG 4101 E WINCHCOMB DRIVE PHOENIX AZ 85032
320-01 800449597 PHILLIPS WILLIAM 4353 WEST 5820 SOUTH TAYLORSVILL UT 84118
320-01 800459786 BANOVICH DANIEL E 7935 DAKOTA RIDGE PLACE CO SPRINGS CO 80920
320-01 800484974 BOYD WILLIAM III 2 HOTCHKISS TERRACE SEYMOUR CT 06483
320-01 800486557 WEIR KEVIN P 121 SUMMIT FARMS ROAD SOUTHINGTON CT 06489
320-01 800490278 DEVITA ANTHONY M 10 WATERS EDGE KINNELON NJ 07405
320-01 800500589 HAAS MARY A 102 E FIRST STREET NORTHAMPTON PA 18067
320-01 800501645 ROGSTAD ROBERT R 95 CHILD ROAD WOODSTOCK CT 06281
320-01 800512410 BRYAN KOLTUN KIMBERLY 6940 NORTHWEST 82ND STREET TAMARAC FL 33321
320-01 800517146 MARTIN DENISE M 3836 S UNION AVENUE CHICAGO IL 60609
320-01 800530982 SHORTERAGE DARYELL 28700 ORANGE MEADOW LANE ORANGE OH 44022
320-01 800532392 BRYAN LEONARD O 4376 BYRON AVENUE BRONX NY 10466
320-01 800533143 GEHRKE EMILIE ANN 254 KIRTLAND DRIVE NAPLES FL 34110
320-01 800534893 SINIBALDI MICHAEL W 1000 SARNO ROAD MELBOURNE FL 32935
320-01 800548349 HOUSE CALLIE MAE 650 FREELAND CALUMET CIT IL 60409
320-01 800549370 BLANCHARD JAMES W 14 FOXWELL LANE SCITUATE MA 02066
320-01 800551939 DALTON JOSEPH 1507 52ND STREET NORTH SAINT PETER FL 33710
320-01 800552531 ADENIKINJU ANTHONY 4231 OGLETHORPE STREET HYATTSVILLE MD 20781
320-01 800553695 HARTZELL JOHN R 3036 DALEFORD AVENUE NE CANTON OH 44705
320-01 800556821 PERINI DENNIS J 134 JUNIPER STREET CORNWALL PA 17016
320-01 800567273 GALLEGOS CYNTHIA A 1219 WEST CLARK STREET PASCO WA 99301
320-01 800583205 DILLMORE PHILLIP R 6299 34TH AVENUE NORTH ST PETERSBU FL 33710
320-01 800584617 OLMSTEAD JAN ERIC 2219 BECKA LANE HARTLAND MI 48353
320-01 800584963 MUNOZ F ISAAC 892 1975 ROAD AUSTIN CO 81410
320-01 800588311 SALAMEH ABDUL-RAHM 4924 WICK DRIVE OAK LAWN IL 60453
320-01 800589889 BAILEY DION L 4054 NORTH WEBSTER AVENUE INDIANAPOLI IN 46226
320-01 800613986 STROM KATHLEEN 138 PARK AVENUE WOODBRIDGE NJ 08830
320-01 800618720 LAJOIE EVELYN L 2710 WHITE BOULEVARD NAPLES FL 34117
320-01 800628307 BOYD DENNIS B 10716 CAMP POND ROAD SUFFOLK VA 23437
320-01 800429912 CAPIRIS CYNTHIA J 9 ROBERTS ROAD RANDOLPH NJ 07869
320-01 800439937 DEMASI RAYMOND J RR1 BIRCHWOOD LAKE DELAWARE TO PA 18337
320-01 800485849 JOSEPH CLAIRE 1081 EAST 92ND ST BROOKLYN NY 11435
320-01 800492092 ALEXANDER SCOTT 301 CEYLON AVENUE BERKELEY TO NJ 08751
320-01 800505679 JACKSON MICHAEL 5448 KAREN COURT ORLANDO FL 32811
320-01 800508541 KNOTT EDITH 41 HILLCREST ROAD MOUNT VERNO NY 10550
320-01 800510091 RIZZO GERALD 238 KING ARTHUR ROAD TOBYHANNA PA 18610
320-01 800520249 ALLEN CYNTHIA 630 NORTH 10TH STREET IMMOKALEE FL 34142
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800558512 88,200.00 88,200.00 02/26/98 01/26/28 9.375 8.375 15.375 6.000
800562845 102,600.00 102,506.38 03/01/98 02/01/28 9.875 8.875 15.875 6.500
800564759 40,000.00 39,950.59 01/01/98 12/01/27 10.375 9.375 16.375 5.950
800574154 68,000.00 67,969.10 03/01/98 02/01/28 9.875 8.875 15.875 5.750
800575383 42,415.00 42,415.00 03/01/98 02/01/28 10.125 9.125 16.125 6.000
800576803 98,100.00 98,100.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800588428 54,000.00 53,986.18 02/01/98 01/01/28 12.500 11.500 18.500 7.950
800616914 67,900.00 67,900.00 03/01/98 02/01/28 11.750 10.750 17.750 7.200
180097867 40,000.00 39,777.63 03/03/97 02/03/27 10.000 9.000 16.000 5.250
180104002 206,250.00 205,010.74 03/01/97 02/01/27 10.500 9.500 16.500 5.500
180140535 176,250.00 175,307.83 05/01/97 04/01/27 9.750 8.750 15.750 5.500
800179848 18,000.00 17,941.02 07/01/97 06/01/27 10.500 9.500 16.500 5.750
800233710 80,000.00 79,759.08 08/01/97 07/01/27 10.250 9.250 16.250 6.750
800284366 31,500.00 31,423.26 10/01/97 09/01/27 10.500 9.500 16.500 5.750
800303992 36,000.00 35,955.51 12/01/97 11/01/27 10.375 9.375 16.375 5.750
800323412 192,500.00 192,018.98 10/01/97 09/01/27 9.500 9.500 15.500 6.050
800335291 34,500.00 34,466.60 12/01/97 11/01/27 11.500 10.500 17.500 7.150
800342933 46,800.00 46,720.46 11/01/97 10/01/27 10.250 9.250 16.250 5.750
800356065 47,700.00 47,607.51 11/01/97 10/01/27 9.625 8.625 15.625 5.250
800359622 114,750.00 114,583.77 12/01/97 11/01/27 9.625 8.625 15.625 6.050
800375271 157,500.00 157,432.16 02/01/98 01/01/28 10.125 9.125 16.125 6.250
800376345 188,300.00 187,953.97 11/01/97 10/01/27 9.875 9.875 15.875 6.500
800407082 107,250.00 107,117.52 12/01/97 11/01/27 10.375 9.375 16.375 5.750
800411969 138,992.00 138,878.03 01/01/98 12/01/27 10.375 9.375 16.375 7.500
800431744 44,000.00 43,972.76 12/01/97 11/01/27 13.500 12.500 19.500 9.150
800439572 32,800.00 32,784.04 01/01/98 12/01/27 12.750 11.750 18.750 8.000
800447476 72,000.00 71,906.18 12/01/97 11/01/27 10.125 9.125 16.125 6.250
800449597 108,000.00 107,906.57 01/01/98 12/01/27 10.125 9.125 16.125 6.500
800459786 110,800.00 110,720.63 01/01/98 12/01/27 11.000 10.000 17.000 7.750
800484974 123,250.00 123,190.96 03/01/98 02/01/28 9.625 8.625 15.625 6.000
800486557 146,200.00 146,051.76 02/01/98 01/01/28 9.375 8.375 15.375 6.000
800490278 196,000.00 195,716.04 01/01/98 12/01/27 9.625 9.625 15.625 6.650
800500589 40,000.00 39,959.44 02/01/98 01/01/28 9.375 8.375 15.375 5.500
800501645 126,000.00 125,949.92 02/01/98 01/01/28 10.500 9.500 16.500 6.550
800512410 89,500.00 89,452.37 02/01/98 01/01/28 9.125 8.125 15.125 5.500
800517146 224,400.00 224,400.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800530982 224,000.00 223,811.32 02/01/98 01/01/28 10.250 9.250 16.250 6.000
800532392 162,000.00 162,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800533143 104,800.00 104,800.00 03/01/98 02/01/28 9.625 8.625 15.625 5.500
800534893 57,800.00 57,776.40 03/01/98 02/01/28 10.375 9.375 16.375 6.750
800548349 85,500.00 85,500.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800549370 140,000.00 140,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.000
800551939 109,600.00 109,600.00 03/01/98 02/01/28 9.875 8.875 15.875 6.750
800552531 113,050.00 113,050.00 03/01/98 02/01/28 9.000 8.000 15.000 4.750
800553695 31,400.00 31,400.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800556821 171,980.00 171,980.00 03/01/98 02/01/28 10.000 9.000 16.000 6.350
800567273 47,250.00 47,250.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800583205 42,400.00 42,400.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
800584617 157,500.00 157,356.29 04/01/98 03/01/28 9.875 8.875 15.875 6.500
800584963 92,000.00 92,000.00 04/01/98 03/01/28 9.125 8.125 15.125 6.050
800588311 169,000.00 169,000.00 03/01/98 02/01/28 9.500 9.500 15.500 6.550
800589889 67,500.00 67,500.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800613986 84,352.00 84,352.00 04/01/98 03/01/28 12.125 11.125 18.125 8.650
800618720 63,000.00 63,000.00 04/01/98 03/01/28 10.375 9.375 16.375 5.750
800628307 61,200.00 61,200.00 03/01/98 02/01/28 12.750 11.750 18.750 6.990
800429912 221,000.00 221,000.00 03/01/98 02/01/28 8.750 8.750 14.750 5.550
800439937 53,600.00 53,579.22 01/01/98 12/01/27 13.750 12.750 19.750 9.400
800485849 161,500.00 161,500.00 03/01/98 02/01/28 12.375 11.375 18.375 8.050
800492092 87,550.00 87,550.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800505679 55,200.00 55,200.00 03/01/98 02/01/28 13.250 12.250 19.250 9.000
800508541 216,000.00 216,000.00 03/01/98 02/01/28 10.375 9.375 16.375 7.300
800510091 128,000.00 128,000.00 04/01/98 03/01/28 9.125 8.125 15.125 5.500
800520249 34,850.00 34,850.00 03/01/98 02/01/28 13.000 12.000 19.000 8.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 6 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-01 800527608 ROTH ROBERT K 96 WINDING BROOK ROAD BORDENTOWN NJ 08505
320-01 800538647 LOPEZ FELIX 17 JANSER ROAD NEW PALTZ NY 12561
320-01 800550188 FREEMAN GENE 469 NASSAU AVENUE FREEPORT NY 11520
320-01 800552689 MANSBERGER CARL E 19 MILL STREET BOX 266 RR2 SEVEN VALLE PA 17360
320-01 800567927 BENEFIELD SCOTT 1343 TURKEY MOUNTAIN ROAD ROME GA 30165
320-01 800569758 MORGAN CHARLES J 3012 CLIFTON ROAD SMYRNA GA 30080
320-01 800569923 WEAVER MIKE 1 HEATHER DRIVE EWING TWNSP NJ 08638
320-01 800574832 HOLCOMBE CALEB LOT 20 MOUNTTAIN VIEW ESTA BLAKESLEE PA 18610
320-01 800582603 BROWN ALLEN L 226 E POPLAR STREET LEBANON PA 17042
320-01 800583601 MERKERT RONALD W 4661 SOUTH SALEM CHURCH RO DOVER PA 17315
320-01 800584427 ABRELL RAY 49 HIDDEN HARBOR LANE DESTIN FL 32541
320-01 800584575 ANDERSON BRYAN K. 635 9TH AVENUE GRANITE FAL MN 56241
320-01 800587297 DUCHI JORGE 163 DEPEYSTER STREET SLEEPY HOLL NY 10591
320-01 800597486 MERRITT ANTHONY W 1720 SOUTH SPENCER AVENUE INDIANAPOLI IN 46203
320-01 800597775 SCHOUTEN KIRA L. 11070 NAVAJO DRIVE ST PETERSBU FL 33708
320-01 800598534 SANTINI ARIA RAFAEL 560 CONURE STREET APOPKA FL 32712
320-01 800605289 DEY ROSA C 153 COUNTRY CLUB PARKWAY LEHIGH ACRE FL 33972
320-01 800606956 CLIFTON ANDROS 299 EAST 51ST STREET BROOKLYN NY 11203
320-01 800607582 BOONE MICHELLE D 5422 CALIENTE STREET LAS VEGAS NV 89119
320-01 800612517 TREON TIMOTHY P BX 272 RD 1 LAKE ARIEL PA 18436
320-01 800616286 STEPHENS ASHTON 116-27 217TH STREET QUEENS NY 11411
320-01 800616591 MEADOWS ROSETTA M. 11211 CLAY PIT ROAD SEFFNER FL 33584
320-01 800618985 BONHUER DARYL 3915 SCOTTS HILL LOOP ROAD HAMPSTEAD NC 28443
320-01 800620213 DEVENEY SCOTT BRIAN 88 RUSSELL COURT DRIVE EFFORT PA 18330
320-01 800626251 MONTALVO MONSERRATE 111 WOODCREST CIRCLE STREAMWOOD IL 60107
320-01 800628612 YUKA JOSEPH G 2003 WINDSOR TERRACE SPRING LAKE NJ 07762
320-01 800633604 COTTO JOSE 391 FAIRVIEW AVENUE FT MYERS FL 33905
320-01 800634057 MCGEE DONALD P 2091 NORTH DRIVE SEAFORD NY 11783
320-01 800643900 GOUDEAU PAMELA M 2941 PRESTON AVENUE DAYTON OH 45417
320-01 800650335 VAN PROYEN JACOB 15830 358TH AVENUE SE SULTAN WA 98294
320-01 800653636 MAY SHAWN ANDREW 772 ASHLEY ROAD CRAIG CO 81625
320-01 800654287 VILLA MICHAEL 6242 SOUTH 16TH STREET PHOENIX AZ 85040
320-01 800673527 BARRIOS MARK A 9521 E BAKER STREET TUCSON AZ 85748
320-01 161359914 BLYTHE RICHARD B 204 COLE RANCH ROAD DURANGO CO 81301
320-01 161578786 SKAGGS ROBERT D 308 MOREHEAD STREET TROY OH 45373
320-01 161619929 JOHNSEN ROBERT MARTIN 5834 HAMPDEN TAYLOR MI 48180
320-01 161619986 WRIGHT CLIFFORD D 726 NORTH WAVERLY DEARBORN MI 48126
320-01 161620281 OCKERMAN HARRY M 5160 EASTLAND DRIVE NEW CARLISL OH 45344
320-01 161623343 PHILLIPS ROBERT M 1605 UNIVERSITY FERNDALE MI 48220
320-01 161623376 FAIRMAN STEPHEN 15010 MARSHA LIVONIA MI 48154
320-01 161625470 DOSS GREGORY 4200 DEVONSHIRE DETROIT MI 48224
320-01 161630413 PAPPAS JOHNNY S 420 TIDWELL RD ALPHARETTA GA 30201
320-01 161632922 SINGLETARY TONY W 2191 PEELE ROAD CLAYTON NC 27520
320-01 161622980 JAMERSON JAMES C 6873 GLEASON AVENUE DAYTON OH 45427
320-01 161624366 GOJCAJ PETER 24214 BROADVIEW FARMINGTON MI 48336
320-01 161625009 ROACH RUTH F 3478 FERRY ROAD BELLBROOK OH 45305
320-01 161631148 GROSSMAN STEPHEN D 7 FOREST ROAD BELCHERTOWN MA 01007
320-01 161607866 HUTCHINSON GEORGE 12107 SOUTH MICHIGAN AVE CHICAGO IL 60628
------------------------------------------------
362 Sale Total
320-02 180046989 WILLIS DONNA 35 FAIRLAWN ST W HARTFORD CT 06119
320-02 180089740 MOHN MARGARET I 201 E ATHENS AVENUE ARDMORE PA 19003
320-02 800401960 GRAHAM EDWIN S 413 MAIN STREET BIGLER PA 16825
320-02 800468084 JACOBS JOANN 1956 DALKEITH STREET PHILADELPHI PA 19140
320-02 800483588 WEEKS RICK LEWIS 547 EAST KINGSTON AVENUE LAYTON UT 84041
320-02 800493751 MCCOY HUNTER GORDON JR 3975 MCINTOSH STREET CLOVERDALE VA 24019
320-02 800495574 GRILLO JENNIFER 34 YAPHANK-MIDDLE ISLAND R MIDDLE ISLA NY 11953
320-02 800507725 EGLI KEITH 115 WHITETAIL CIRCLE HAWLEY PA 18428
320-02 800516015 FANY PEDRO ANTONIO 805 MARY STREET PERTH AMBOY NJ 08861
320-02 800517419 DRYSDALE DAVID R 1867 NORTH 3675 WEST WEST POINT UT 84015
320-02 800528028 FAZZARI ROMA 2482 WOODSIDE WAY CHAMBLEE GA 30341
320-02 800530602 KOHL FRITZ K 3600 FOUR ROD ROAD MARILLA NY 14052
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800527608 124,500.00 124,443.44 02/01/98 01/01/28 9.875 8.875 15.875 6.250
800538647 97,500.00 97,479.52 02/01/98 01/01/28 13.375 12.375 19.375 9.400
800550188 83,000.00 83,000.00 04/01/98 03/01/28 12.750 11.750 18.750 8.650
800552689 72,000.00 72,000.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800567927 46,500.00 46,500.00 05/01/98 04/01/28 8.750 7.750 14.750 5.500
800569758 64,440.00 64,440.00 03/01/98 02/01/28 10.250 9.250 16.250 7.150
800569923 93,750.00 93,750.00 04/01/98 03/01/28 9.375 8.375 15.375 6.000
800574832 151,300.00 151,300.00 03/01/98 02/01/28 9.125 8.125 15.125 6.050
800582603 89,100.00 89,100.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800583601 78,750.00 78,750.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800584427 93,200.00 93,200.00 04/01/98 03/01/28 9.625 8.625 15.625 5.750
800584575 32,500.00 32,500.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800587297 102,000.00 102,000.00 04/01/98 03/01/28 9.375 8.375 15.375 6.000
800597486 73,100.00 73,100.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800597775 62,475.00 62,475.00 04/01/98 03/01/28 10.125 9.125 16.125 6.750
800598534 53,125.00 53,125.00 04/01/98 03/01/28 9.375 8.375 15.375 6.250
800605289 68,000.00 68,000.00 04/01/98 03/01/28 10.375 9.375 16.375 6.500
800606956 162,000.00 162,000.00 04/01/98 03/01/28 10.375 9.375 16.375 7.300
800607582 148,750.00 148,750.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
800612517 67,150.00 67,150.00 04/01/98 03/01/28 10.125 9.125 16.125 7.250
800616286 141,750.00 141,750.00 04/01/98 03/01/28 10.375 9.375 16.375 6.900
800616591 100,000.00 100,000.00 05/01/98 04/01/28 11.375 10.375 17.375 8.000
800618985 113,600.00 113,600.00 04/01/98 03/01/28 11.250 10.250 17.250 7.500
800620213 96,350.00 96,350.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800626251 109,600.00 109,600.00 04/01/98 03/01/28 10.250 10.250 16.250 6.750
800628612 90,000.00 90,000.00 04/01/98 03/01/28 11.500 10.500 17.500 7.900
800633604 38,320.00 38,320.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800634057 192,000.00 192,000.00 04/01/98 03/01/28 12.000 12.000 18.000 9.400
800643900 36,125.00 36,125.00 03/01/98 02/01/28 12.375 11.375 18.375 6.950
800650335 123,250.00 123,250.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
800653636 72,000.00 72,000.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800654287 38,800.00 38,800.00 04/01/98 03/01/28 11.000 10.000 17.000 7.050
800673527 107,500.00 107,500.00 04/01/98 03/01/28 10.500 9.500 16.500 7.050
161359914 135,000.00 134,144.05 12/01/96 11/01/26 10.500 9.500 16.500 6.250
161578786 45,000.00 45,000.00 04/01/98 03/01/28 11.000 10.000 17.000 8.050
161619929 50,500.00 50,500.00 03/01/98 02/01/28 8.875 7.875 14.875 5.300
161619986 75,000.00 74,961.12 02/01/98 01/01/28 9.250 8.250 15.250 5.800
161620281 121,500.00 121,500.00 03/01/98 02/01/28 10.500 9.500 16.500 7.550
161623343 45,600.00 45,600.00 03/01/98 02/01/28 10.500 10.500 16.500 7.300
161623376 108,000.00 108,000.00 04/01/98 03/01/28 9.250 8.250 15.250 5.900
161625470 58,500.00 58,500.00 03/01/98 02/01/28 10.375 9.375 16.375 7.300
161630413 97,500.00 97,415.66 04/01/98 03/01/28 10.125 9.125 16.125 6.250
161632922 87,300.00 87,226.46 04/01/98 03/01/28 10.250 9.250 16.250 7.250
161622980 52,000.00 52,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.300
161624366 143,700.00 143,700.00 03/01/98 02/01/28 9.875 8.875 15.875 6.400
161625009 153,900.00 153,900.00 03/01/98 02/01/28 9.625 8.625 15.625 6.950
161631148 81,900.00 81,900.00 04/01/98 03/01/28 12.500 11.500 18.500 8.000
161607866 71,400.00 71,343.01 04/01/98 03/01/28 10.500 9.500 16.500 6.500
--------------------------------- -------------------------------------------
34,658,543.00 34,639,469.43 10.228 9.340 16.226 6.515
180046989 76,500.00 76,060.88 03/01/97 02/01/27 10.250 9.250 16.250 5.750
180089740 132,000.00 131,098.20 03/01/97 02/01/27 9.000 8.000 15.000 4.500
800401960 28,000.00 28,000.00 03/01/98 02/01/28 13.750 12.750 19.750 8.900
800468084 31,200.00 31,187.89 01/01/98 12/01/27 13.750 12.750 19.750 9.400
800483588 86,400.00 86,357.50 02/01/98 01/01/28 9.500 8.500 15.500 6.600
800493751 132,800.00 132,772.89 02/12/98 01/12/28 13.500 12.500 19.500 9.500
800495574 65,600.00 65,600.00 03/01/98 02/01/28 10.125 10.125 16.125 6.900
800507725 92,500.00 92,500.00 03/01/98 02/01/28 9.875 8.875 15.875 6.200
800516015 63,750.00 63,724.66 03/01/98 02/01/28 10.500 10.500 16.500 7.550
800517419 208,000.00 207,915.08 02/01/98 01/01/28 10.375 9.375 16.375 7.300
800528028 88,000.00 87,961.07 02/01/98 01/01/28 10.000 9.000 16.000 6.050
800530602 125,000.00 125,000.00 04/01/98 03/01/28 9.375 8.375 15.375 5.450
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 7 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-02 800535411 GRUZESKY ERIC J 138 S CAMERON AVENUE SCRANTON PA 18504
320-02 800537813 SPENCER JAMES R 3504 WEST CROWN STREET SALT LK CTY UT 84118
320-02 800541203 DANIELLS NOREEN 63 WHITNEY AVENUE MILFORD CT 06460
320-02 800543134 NEALON GERARD 1209 SWETLAND STREET SCRANTON PA 18504
320-02 800544389 APPLEGATE R LEE 989 VACATIONLAND DRIVE CINCINNATI OH 45231
320-02 800546186 EASTON GARRETT WADE 2285 WEST 55TH AVENUE DENVER CO 80221
320-02 800555625 AZOULAY FELIX 590 TRAVIS AVENUE STATEN ISLA NY 10314
320-02 800558801 RAMDASS GAITRIE 51 TODD CIRCLE N BRUNSWICK NJ 08902
320-02 800559775 MOSBY DIANE M 120 SOUTH WALKER STREET OAKLAND FL 34760
320-02 800565285 SABURN BRUCE JOHN 2803 LYNDON AVENUE WILMINGTON NC 28405
320-02 800566135 KASBARIAN SARA 4 NEW LEBBON ROAD NEWTOWN CT 06470
320-02 800571895 GRADY SHAWN M 76 OAKLAND AVENUE ROCKAWAY NJ 07866
320-02 800572059 SCHILKE CHERYL 4 MAPLE STREET MONTGOMERY NJ 08502
320-02 800574774 PARK DEBRA 1026 SOUTH 550 EAST CLEARFIELD UT 84015
320-02 800582652 SMITH BOBBY E 546 MOHICAN TRAIL WILMINGTON NC 28403
320-02 800584591 BUTA PHILIP J 20 WEST YEARLING PHOENIX AZ 85027
320-02 800585895 LOCRICCHIO GIUSEPPE 545 CROSSINGS WAY MANCHESTER PA 17345
320-02 800586125 WILLIAMS DONNA M 235 ASPEN WAY FAYETTEVILL GA 30214
320-02 800586166 CAPPIELLO ROSE MARIE 209 K SUNNYSIDE DRIVE TOBYHANNA PA 18466
320-02 800586455 STEVENS RANDOLPH 610 BONNIE MEADOW LANE FORT WASHIN MD 20744
320-02 800586638 CLARK DAVID L 8305 SOUTH NEWLAND STREET LITTLETON CO 80128
320-02 800589533 STONE HOWARD 242 STONEWAY LANE MERION PA 19066
320-02 800595316 LIAN JACQUELINE 34483 N 68TH WAY SCOTTSDALE AZ 85262
320-02 800599516 REASONS ROBERT N 134 CENTRAL BOULEVARD WILMINGTON NC 28401
320-02 800608242 MARTIN CAROLYNNE M 23187 MASCH WARREN MI 48091
320-02 800608556 CAMPBELL BILLY J 3387 SOUTH ARGONNE COURT AURORA CO 80013
320-02 800619413 GOMEZ MARINA 930 VAUGHN STREET AURORA CO 80011
320-02 800641615 HAYMAN THOMAS JR 808 W 9TH STREET WILMINGTON DE 19801
320-02 800649188 PELHAM JAMES A 1172 HICKS PLACE BALDWIN NY 11510
320-02 800358665 FAUBLE MICHAEL A 4389 SUMMERLANE AVENUE NE GRAND RAPID MI 49525
320-02 800407462 HOWELL BARRY E SR 1308 PINEVIEW AVE NORFOLK VA 23503
320-02 800488157 VANCO ERIC 2319 WESTMINSTER AVENUE NORFOLK VA 23504
320-02 161570270 RASHO BEHNAM 4242 NICKOLAS STERLING HE MI 48310
320-02 161581327 KELLEY PATRICK M 1081 AIRPORT ROAD WATERFORD MI 48327
320-02 161582127 STAMPER ALFRED L 202 OAK STREET ADVANCE IN 46102
320-02 161585351 CURRIER ANTHONY C 222 DEVON STREET ST CLAIR MI 48079
320-02 161585468 HATFIELD THOMAS E 217 MILL STREET UNION CENTE WI 53959
320-02 161586300 GILLENWATERS PIERRE 404 WORDEN ROAD YPSILANTI MI 48197
320-02 161589767 CARRANZA FRANCISCO J 1635 PENNY LANE BARTLETT IL 60103
320-02 161594791 STOTSKY MICHAEL F 7292 ERIC DRIVE MENTOR OH 44060
320-02 161596135 BRITTON TIMOTHY J 11555 NORTH 1200 WEST DEMOTTE IN 46310
320-02 161596184 ROBERTS CHARLES A 3720 WOOD POINT ROAD ORTONVILLE MI 48462
320-02 161598248 PIERCE CHARLES A 760 ORBE GLADWIN MI 48624
320-02 161598891 ASHTON ROBERT A 2826 LAKE PLEASANT ATTICA MI 48412
320-02 161600861 VANHOOSE RICHARD 2705 E GROVE ASHLAND KY 41101
320-02 161601414 DRAKE ERNEST 217 SOUTH PLEASANT STREET OBERLIN OH 44074
320-02 161601786 MAJEK EZEKIEL 1510 W GREENLEAF UNIT 1A CHICAGO IL 60626
320-02 161604525 RODISH JOHN J 11039 SOUTH AVENUE G CHICAGO IL 60617
320-02 161604996 BIGGS PATRICK L 210 GORHAM JACKSON MI 49202
320-02 161605415 WILLIAMS THOMAS L 907 CHATMAN AVE ADDISON IL 60101
320-02 161606231 JOHNSTONE KIMBERLY J 2506 CAMPBELL STREET JOLIET IL 60435
320-02 161606751 TAYLOR CHRISTINA L 5275 N GEORGETOWN GRAND BLANC MI 48439
320-02 161607585 ANDERSON JOAN 149 E BURLINGTON RIVERSIDE IL 60546
320-02 161607692 SCOTT MICHAEL K 901 HOWARD ST WAUKESHA WI 53188
320-02 161607734 FITZGERALD GERALD C N2150 OKEE BAY COURT LODI WI 53555
320-02 161608252 KRAMER DIANNE 36361 VARGO LIVONIA MI 48152
320-02 161608260 CHAN KWOK WING 30225 BARRINGTON MADISON HTS MI 48071
320-02 161611082 WHITE CHARLES E 1750 AVALON ROAD CLEVELAND OH 44112
320-02 161611124 OBUCH MINNIE F 11398 PLANK MILAN MI 48160
320-02 161612429 MUSACCHIA JAMES P 2565 PORTER RD ATWATER OH 44201
320-02 161614490 THORPE DONNA M 1219 W 121ST STREET LEMONT IL 60439
320-02 161614813 KRUEGER ROBERT J 10355 FULTON RD MARSHALLVIL OH 44645
320-02 161615737 CAVERLY KENNETH L 9308 ROBERTDALE CLARKSTON MI 48346
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800535411 88,000.00 88,000.00 03/01/98 02/01/28 13.125 12.125 19.125 8.550
800537813 78,000.00 77,926.92 01/01/98 12/01/27 9.750 9.750 15.750 7.050
800541203 75,000.00 75,000.00 03/01/98 02/01/28 10.125 9.125 16.125 7.050
800543134 52,800.00 52,771.16 03/01/98 02/01/28 9.000 8.000 15.000 4.950
800544389 85,500.00 85,500.00 03/01/98 02/01/28 10.500 9.500 16.500 6.200
800546186 119,700.00 119,700.00 03/01/98 02/01/28 9.875 8.875 15.875 7.300
800555625 176,800.00 176,800.00 03/01/98 02/01/28 9.250 9.250 15.250 6.300
800558801 202,500.00 202,500.00 04/01/98 03/01/28 9.500 8.500 15.500 5.875
800559775 29,250.00 29,250.00 03/01/98 02/01/28 13.250 12.250 19.250 8.625
800565285 67,150.00 67,150.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800566135 204,000.00 204,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
800571895 150,000.00 150,000.00 04/01/98 03/01/28 10.500 10.500 16.500 7.550
800572059 115,000.00 115,000.00 04/01/98 03/01/28 9.875 8.875 15.875 5.950
800574774 79,200.00 79,200.00 03/01/98 02/01/28 9.875 8.875 15.875 5.950
800582652 99,875.00 99,875.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
800584591 216,000.00 216,000.00 03/01/98 02/01/28 9.500 8.500 15.500 6.300
800585895 92,225.00 92,225.00 04/01/98 03/01/28 10.125 9.125 16.125 6.750
800586125 183,750.00 183,750.00 03/01/98 02/01/28 9.500 8.500 15.500 6.100
800586166 96,000.00 96,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.550
800586455 216,750.00 216,750.00 03/01/98 02/01/28 10.250 9.250 16.250 6.250
800586638 113,050.00 113,050.00 04/01/98 03/01/28 9.875 8.875 15.875 6.750
800589533 90,000.00 90,000.00 04/01/98 03/01/28 9.250 8.250 15.250 5.500
800595316 210,000.00 210,000.00 03/01/98 02/01/28 10.250 9.250 16.250 6.850
800599516 99,875.00 99,875.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
800608242 85,500.00 85,500.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800608556 183,600.00 183,600.00 04/01/98 03/01/28 10.375 9.375 16.375 7.000
800619413 75,600.00 75,564.72 03/01/98 02/01/28 9.750 8.750 15.750 6.550
800641615 22,950.00 22,950.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800649188 112,450.00 112,450.00 04/01/98 03/01/28 12.500 11.500 18.500 7.900
800358665 120,700.00 120,534.12 12/01/97 11/01/27 9.875 9.875 15.875 5.250
800407462 62,475.00 62,369.14 12/01/97 11/01/27 8.875 7.875 14.875 5.000
800488157 44,000.00 43,987.75 02/01/98 01/01/28 12.125 11.125 18.125 8.000
161570270 122,400.00 122,272.70 11/01/97 10/01/27 12.500 11.500 18.500 8.050
161581327 88,000.00 87,925.78 01/01/98 12/01/27 12.125 11.125 18.125 8.100
161582127 96,000.00 96,000.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
161585351 160,000.00 159,924.76 01/01/98 12/01/27 12.900 11.900 18.900 8.900
161585468 59,200.00 59,166.89 01/01/98 12/01/27 12.125 11.125 18.125 7.500
161586300 32,800.00 32,772.38 01/01/98 12/01/27 10.250 9.250 16.250 6.250
161589767 153,000.00 152,815.97 01/01/98 12/01/27 10.500 10.500 16.500 7.000
161594791 89,600.00 89,558.81 01/01/98 12/01/27 13.000 12.000 19.000 8.500
161596135 69,700.00 69,644.37 02/01/98 01/01/28 10.500 9.500 16.500 6.500
161596184 140,800.00 140,678.19 02/01/98 01/01/28 10.125 9.125 16.125 6.250
161598248 27,000.00 26,976.02 02/01/98 01/01/28 10.000 9.000 16.000 6.300
161598891 80,000.00 79,960.65 02/01/98 01/01/28 9.500 8.500 15.500 6.000
161600861 51,000.00 50,975.20 02/01/98 01/01/28 12.750 11.750 18.750 8.000
161601414 57,800.00 57,773.31 03/01/98 02/01/28 9.800 8.800 15.800 5.550
161601786 46,700.00 46,680.42 03/01/98 02/01/28 10.250 9.250 16.250 6.250
161604525 106,250.00 106,103.99 01/01/98 12/01/27 9.875 8.875 15.875 6.050
161604996 29,700.00 29,675.64 02/01/98 01/01/28 10.375 9.375 16.375 6.500
161605415 90,700.00 90,663.97 02/01/98 01/01/28 10.375 9.375 16.375 6.750
161606231 108,000.00 107,913.78 02/01/98 01/01/28 10.500 9.500 16.500 7.000
161606751 91,000.00 90,912.47 02/01/98 01/01/28 9.625 8.625 15.625 6.050
161607585 127,500.00 127,500.00 03/01/98 02/01/28 9.500 8.500 15.500 5.500
161607692 157,000.00 157,000.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
161607734 173,300.00 173,215.70 02/01/98 01/01/28 12.750 11.750 18.750 8.250
161608252 211,500.00 211,185.42 01/01/98 12/01/27 9.500 9.500 15.500 6.550
161608260 93,600.00 93,561.79 02/01/98 01/01/28 10.375 9.375 16.375 6.550
161611082 59,500.00 59,500.00 04/01/98 03/01/28 10.125 9.125 16.125 7.000
161611124 108,000.00 107,939.45 02/01/98 01/01/28 8.875 8.875 14.875 5.900
161612429 108,400.00 108,400.00 03/01/98 02/01/28 9.750 8.750 15.750 5.500
161614490 144,000.00 144,000.00 03/01/98 02/01/28 13.000 12.000 19.000 9.400
161614813 100,000.00 99,953.35 03/01/98 02/01/28 9.750 8.750 15.750 6.000
161615737 62,000.00 61,968.70 03/01/98 02/01/28 9.375 8.375 15.375 5.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 8 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-02 161615745 TRIPP VICKI J 6384 WILSON WATERFORD MI 48329
320-02 161615836 JOHNSON DEREK D 29334 CANDLEWOOD LANE SOUTHFIELD MI 48076
320-02 161615968 DALLO MAHIR 24397 MASCH WARREN MI 48091
320-02 161615984 KIRKSEY MICHAEL W 370 WEST YPSILANTI PONTIAC MI 48340
320-02 161616248 JONES JAMES EARL 1142 NORTH GOODLET INDIANAPOLI IN 46222
320-02 161616255 GILLASPY MYRON DAVID 120 SOUTH SPENCER INDIANAPOLI IN 46219
320-02 161619291 ELMADARI NASSER 5819-25 RENVILLE DETROIT MI 48210
320-02 161619382 SEAY ANNIE M 27441 KAUFMAN ROSEVILLE MI 48066
320-02 161619408 SMITH LAURA A 16534 SPRENGER EAST POINTE MI 48021
320-02 161619507 BATES MICHAEL D 2401 GOLF CLUB DRIVE HOWELL MI 48843
320-02 161619713 SCHULLO FREDERICK 650 CHATHAM STREET NW GRAND RAPID MI 49504
320-02 161619747 ECKLER EDWARD R 1001 MCCLELLAN LAKE ORION MI 48362
320-02 161620158 SCHWARTZ MICHAEL L 324 SOUTH GALE STREET INDIANAPOLI IN 46201
320-02 161620588 STEWART MICHELE R 2303 BRAMBLE WAY ANDERSON IN 46011
320-02 161620695 DELMONT DAVID J 6039 MAPLE FORGE CIRCLE INDIANAPOLI IN 46254
320-02 161621230 REID SAM A 15124 WARWICK DETROIT MI 48223
320-02 161621891 FRISCH TERRY M 2810 AURORA DRIVE LAKE ORION MI 48360
320-02 161622063 MARTIN ERIK J 29420 TAMARAK FLATROCK MI 48134
320-02 161622121 YOUNES SOHA 4645 ROSALIE DEARBORN MI 48126
320-02 161622147 MCCOY LILLIE L 14994 ARCHDALE STREET DETROIT MI 48227
320-02 161622154 SLUCK PATRICK J 32639 LEONA GARDEN CITY MI 48135
320-02 161622196 RODDA PATRICK M 2314 MISSOURI FLINT MI 48506
320-02 161622204 KOCZAK DANIEL 468 WEST MANATEE HAZEL PARK MI 48030
320-02 161622261 BRUSSO LAWRENCE O 3812 CASS ELIZABETH WATERFORD MI 48328
320-02 161622576 HENDERSON ROBERT L RR1 BOX 172 BLOOMFIELD IN 47424
320-02 161622709 FOSTER FREDERICA DORIS 134 WEST LINDEN AVENUE LOGANSPORT IN 46947
320-02 161622741 WILSON BLANCHE JOY 715 SOUTH BURLINGTON DRIVE MUNCIE IN 47302
320-02 161623400 ROACHE JANET E 3064 WASHINGTON BLVD INDIANAPOLI IN 46205
320-02 161623913 GORDON CYRIL K 14828 STRATHMOOR DETROIT MI 48227
320-02 161624440 IRETON MICKEY J 901 PHYLLIS DRIVE NEW CASTLE IN 47362
320-02 161625520 DOTSON DANNY LEE 370 WEST UNION PARAGON IN 46166
320-02 161625629 CONDON SCOTT D 6448 SOUTH STATE ROAD 109 MARKLEVILLE IN 46056
320-02 161625975 O'BRIEN MICHAEL R 1080 DEVENISH LN FLINT MI 48532
320-02 161626544 HUNTER LILLIE 9012 FOLSOM AVE CLEVELAND OH 44104
320-02 161626619 MCCLAIN DAVID J 18351 MEIER ROSEVILLE MI 48066
320-02 161626650 NASSER MOHAMED 8634 KIRKWOOD DETROIT MI 48210
320-02 161627229 KARESH DAVID M 3104 AERIAL AVENUE KETTERING OH 45429
320-02 161628326 LA BARRIE CARMEN 17408 STOEPEL DETROIT MI 48221
320-02 161628805 KENES JOHN M 5322 VAN DYKE BROWN CITY MI 48416
320-02 161628813 DILLARD SEBRINA 17316 WASHBURN DETROIT MI 48221
320-02 161560784 BITTLE NORMAN R 52 BROADWAY OXFORD MI 48371
320-02 161568209 HOFFMAN DENNIS P 15W244 62ND STREET BURR RIDGE IL 60521
320-02 161569272 WRIGHT JOANNE 210 WALNUT STREET PT CLINTON OH 43452
320-02 161575477 GRIFFIN HANNAH 16707 DIXIE HWY HAZEL CREST IL 60429
320-02 161575667 HAMILTON JOANNA MAE 19475 SANTA ROSA DETROIT MI 48221
320-02 161577101 KELVER PATRICIA A 33637 IDLEWILD GAGES LAKE IL 60030
320-02 161579289 MORROW TONI M 282 EAST BELDEN AVENUE GLENDALE HT IL 60139
320-02 161580899 PARKER JENNIFER L 72 S MIDDLETON AVE PALATINE IL 60067
320-02 161588041 POWERS JOSEPH W JR 944 W COUNTY RD 200 NORTH DANVILLE IN 46122
320-02 161593298 SEBOK DONALD S 2307 YORKSHIRE DRIVE DECATUR IL 62526
320-02 161604574 KING ANNA L 409 JAMES AVENUE AKRON OH 44312
320-02 161609318 PAUL STEVE E 120 WHITE OAK WAY NORTH VERNO IN 47265
320-02 161619861 BUSE DAVID R JR 3485 RAVENSWOOD MARYSVILLE MI 48040
320-02 161619945 ADLE MICHAEL C JR 15372 TRINITY DETROIT MI 48223
320-02 161620182 BOWERS JOY A 747 HONEYSUCKLE GREENVILLE OH 45331
320-02 161620257 RICHARDSON MATHEW G 3443 FARMBROOK COURT DANVILLE IN 46122
320-02 161621131 STERLING JEFFREY E 5137 SOUTH HARPER AVENUE CHICAGO IL 60615
320-02 161622212 SIVER MICHAEL E 5620 LAKEVIEW GOODRICH MI 48438
320-02 161623871 VICKERS CURLEE R 184 PIPER DETROIT MI 48215
320-02 161623905 MCINTOSH DIANE 14070 GLENWOOD DETROIT MI 48205
320-02 161624911 DANIELS ROLAND 117 BRIAR HEATH CIRCLE DAYTON OH 45415
320-02 161625025 STANBACK RODNEY 3956 NORTH BROADWAY INDIANAPOLI IN 46205
320-02 161626601 SMITH WILLIAM R 2400 WEST OAKWOOD OXFORD MI 48371
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
161615745 101,900.00 101,854.92 02/01/98 01/01/28 10.000 9.000 16.000 5.950
161615836 100,200.00 100,106.14 02/01/98 01/01/28 9.750 9.750 15.750 6.550
161615968 86,400.00 86,357.50 03/01/98 02/01/28 9.500 8.500 15.500 5.500
161615984 59,500.00 59,475.05 03/01/98 02/01/28 10.250 9.250 16.250 6.250
161616248 37,800.00 37,800.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
161616255 52,000.00 52,000.00 03/01/98 02/01/28 8.875 7.875 14.875 5.000
161619291 32,900.00 32,882.03 02/01/98 01/01/28 9.000 8.000 15.000 5.000
161619382 78,600.00 78,600.00 03/01/98 02/01/28 9.875 8.875 15.875 6.000
161619408 75,600.00 75,600.00 03/01/98 02/01/28 10.375 9.375 16.375 5.750
161619507 124,100.00 124,032.21 03/01/98 02/01/28 9.000 8.000 15.000 4.950
161619713 44,800.00 44,782.20 02/01/98 01/01/28 10.500 10.500 16.500 7.300
161619747 62,000.00 61,971.07 03/01/98 02/01/28 9.750 8.750 15.750 5.950
161620158 42,300.00 42,279.73 03/01/98 02/01/28 9.625 8.625 15.625 6.250
161620588 39,200.00 39,180.94 02/01/98 01/01/28 12.750 11.750 18.750 8.000
161620695 119,600.00 119,600.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
161621230 141,600.00 141,496.13 12/01/97 11/01/27 12.750 11.750 18.750 8.550
161621891 137,700.00 137,630.46 02/01/98 01/01/28 9.375 8.375 15.375 5.700
161622063 92,700.00 92,700.00 03/01/98 02/01/28 10.250 10.250 16.250 7.300
161622121 69,300.00 69,300.00 03/01/98 02/01/28 9.750 8.750 15.750 6.650
161622147 61,500.00 61,500.00 03/01/98 02/01/28 9.625 8.625 15.625 6.050
161622154 94,200.00 94,101.95 02/01/98 01/01/28 9.250 8.250 15.250 5.300
161622196 30,400.00 30,386.91 03/01/98 02/01/28 10.125 9.125 16.125 6.200
161622204 45,600.00 45,600.00 03/01/98 02/01/28 13.125 12.125 19.125 9.050
161622261 96,300.00 96,300.00 03/01/98 02/01/28 10.250 9.250 16.250 6.200
161622576 45,500.00 45,500.00 03/01/98 02/01/28 10.125 9.125 16.125 5.250
161622709 31,400.00 31,400.00 03/01/98 02/01/28 10.250 9.250 16.250 6.250
161622741 24,500.00 24,500.00 03/01/98 02/01/28 9.250 8.250 15.250 5.500
161623400 60,000.00 60,000.00 03/01/98 02/01/28 10.375 9.375 16.375 5.750
161623913 40,500.00 40,500.00 03/01/98 02/01/28 13.250 12.250 19.250 8.650
161624440 109,800.00 109,800.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
161625520 71,200.00 71,200.00 03/01/98 02/01/28 9.875 8.875 15.875 5.750
161625629 50,000.00 50,000.00 03/01/98 02/01/28 9.250 8.250 15.250 5.500
161625975 90,700.00 90,700.00 04/01/98 03/01/28 9.375 8.375 15.375 5.750
161626544 33,100.00 33,100.00 03/01/98 02/01/28 9.750 8.750 15.750 6.250
161626619 105,500.00 105,440.85 03/01/98 02/01/28 8.875 7.875 14.875 6.250
161626650 21,600.00 21,600.00 03/01/98 02/01/28 13.000 12.000 19.000 9.400
161627229 72,200.00 72,200.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
161628326 74,000.00 73,982.60 03/01/98 02/01/28 12.875 11.875 18.875 8.900
161628805 130,500.00 130,500.00 03/01/98 02/01/28 9.125 8.125 15.125 5.750
161628813 44,800.00 44,800.00 03/01/98 02/01/28 13.000 12.000 19.000 9.400
161560784 66,000.00 65,955.49 12/01/97 11/01/27 13.125 12.125 19.125 8.700
161568209 128,100.00 127,988.94 12/01/97 11/01/27 12.000 11.000 18.000 7.000
161569272 68,000.00 67,956.33 01/01/98 12/01/27 11.500 11.500 17.500 8.000
161575477 62,000.00 61,959.37 12/01/97 11/01/27 13.250 12.250 19.250 8.250
161575667 52,000.00 51,972.86 12/01/97 11/01/27 14.250 13.250 20.250 9.375
161577101 65,000.00 64,933.56 12/01/97 11/01/27 11.250 10.250 17.250 6.500
161579289 110,800.00 110,720.63 01/01/98 12/01/27 11.000 10.000 17.000 7.500
161580899 140,000.00 139,944.13 01/01/98 12/01/27 13.625 12.625 19.625 9.000
161588041 107,100.00 106,967.70 01/01/98 12/01/27 10.375 9.375 16.375 6.250
161593298 49,700.00 49,629.86 01/01/98 12/01/27 9.750 8.750 15.750 5.500
161604574 41,600.00 41,600.00 03/01/98 02/01/28 9.625 8.625 15.625 6.050
161609318 68,800.00 68,800.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
161619861 50,000.00 50,000.00 03/01/98 02/01/28 10.000 10.000 16.000 7.050
161619945 19,500.00 19,500.00 04/01/98 03/01/28 9.750 8.750 15.750 6.250
161620182 127,500.00 127,438.92 03/01/98 02/01/28 9.625 8.625 15.625 7.050
161620257 127,500.00 127,500.00 04/01/98 03/01/28 8.875 7.875 14.875 6.000
161621131 180,000.00 180,000.00 03/01/98 02/01/28 8.875 7.875 14.875 5.750
161622212 157,200.00 157,200.00 03/01/98 02/01/28 8.875 7.875 14.875 5.700
161623871 69,300.00 69,300.00 03/01/98 02/01/28 10.375 9.375 16.375 7.300
161623905 38,200.00 38,200.00 03/01/98 02/01/28 9.625 8.625 15.625 6.050
161624911 173,600.00 173,600.00 03/01/98 02/01/28 9.250 8.250 15.250 5.500
161625025 67,200.00 67,200.00 04/01/98 03/01/28 9.875 8.875 15.875 5.750
161626601 150,000.00 149,935.40 03/01/98 02/01/28 10.125 9.125 16.125 6.950
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 9 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
320-02 161627120 COSENTINO LORRAINE 8226 NUERNBERG DETROIT MI 48234
320-02 161627138 CONSENTINO LORRAINE 4729 33 SEMINOLE DETROIT MI 48234
320-02 161628201 DILMORE BILLY HAROLD 20 ISLAND LAKE LANE RIVERSIDE AL 35735
320-02 161628839 MEHRJOO ISA 47355 W SEVEN MILE ROAD NORTHVILLE MI 48167
320-02 161593017 COLLINS RICHARD A 5153 MONTICELLO SWARTZ CREE MI 48473
320-02 161594924 HORNSBY BRENDA 403 SWANK CT UNION OH 45322
320-02 161596978 CAIN PAMELA 8638 SOUTH KILDARE CHICAGO IL 60652
320-02 161598537 KAILER CHARLIE S 1879 REICHERT AVE SAUK VILLAG IL 60411
320-02 161598792 THERMOS JAMES 1225 WESTPORT RIDGE CRYSTAL LK IL 60014
320-02 161600838 MOWERS VICTOR J 41 ALBION CROSS ROAD PARISH NY 13131
320-02 161602339 FOURNIER JOSEPH R 22988 SHIELL CLINTON TWP MI 48035
320-02 161605290 WICKUM RICK R 161 LUCINDA LANE MINA SD 57462
320-02 161605324 PAVICK MICHAEL W 3842 WEST 133RD STREET CLEVELAND OH 44111
320-02 161605423 SAUSMAN JOSEPH 716 W WEATHERSFIELD SCHAUMBURG IL 60193
320-02 161611462 HANNAH JAMES S 229 HUGHEY DRIVE GASTONIA NC 28056
320-02 161616867 KERR RONNY W 193 ALLEN AVENUE PORTLAND ME 04103
320-02 161616909 CHAFFEE ROBERT M 311 S 26TH AVENUE BELLWOOD IL 60104
320-02 161618046 DANKO MICHAEL J 5911 FREMONT PIKE STONY RIDGE OH 43463
320-02 161619119 REA DOROTHY A 709 WEST MERLE VILLA PARK IL 60181
320-02 161619721 MARTINSEN CHAD E 121 WEST HODGE AVENUE LANSING MI 48910
320-02 161620760 TISDALE JACK JR 1355 PHILADELPHIA DRIVE DAYTON OH 45406
320-02 161620786 WARNER CHRISTOPHE L 812 SOUTH 18TH STREET ELWOOD IN 46036
320-02 161621222 KOVAL KEITH A 291 FONRO DRIVE BRIGHTON MI 48116
320-02 161621834 MILLER LANA T 101 WOOD DR ALGONQUIN IL 60102
320-02 161623970 COOLEY KATRINA 1107 ARROW AVENUE ANDERSON IN 46016
320-02 161624648 BYRD ROBERT L 1011 FORREST AVE LOUISVILLE KY 40210
320-02 161625215 EDLUND MAURICE E 3415 SHARON STREET PAXTANG PA 17402
320-02 161625280 HANSON WILLIAM HENRY 5120 BISCAYNE DRIVE COLUMBUS GA 31907
320-02 161625363 LEHMANN WALTRAUD 5397 BARTON ROAD NORTH RIDGE OH 44039
320-02 161625934 SCOTT YVONNE M 3514 KESTON ROAD BALTIMORE MD 21207
320-02 161631502 FOWKES CHARLES C 4903 29TH AVENUE WEST BRADENTON FL 34209
-----------------------------------------------
169 Sale Total
531 Grand Total Sub-Pool III
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
161627120 20,700.00 20,700.00 03/01/98 02/01/28 9.875 8.875 15.875 6.550
161627138 36,000.00 36,000.00 03/01/98 02/01/28 9.875 8.875 15.875 6.550
161628201 67,500.00 67,500.00 04/01/98 03/01/28 10.000 9.000 16.000 7.000
161628839 141,000.00 141,000.00 03/01/98 02/01/28 8.875 7.875 14.875 5.900
161593017 80,800.00 80,756.04 02/01/98 01/01/28 12.250 11.250 18.250 7.750
161594924 38,000.00 37,960.44 02/01/98 01/01/28 9.250 8.250 15.250 5.800
161596978 114,000.00 113,925.29 01/01/98 12/01/27 13.250 12.250 19.250 8.500
161598537 64,000.00 63,970.56 02/01/98 01/01/28 13.000 12.000 19.000 8.500
161598792 188,000.00 187,913.55 02/01/98 01/01/28 13.000 12.000 19.000 8.500
161600838 53,100.00 53,075.59 02/01/98 01/01/28 13.000 12.000 19.000 8.250
161602339 93,600.00 93,544.67 03/01/98 02/01/28 11.875 10.875 17.875 8.000
161605290 101,900.00 101,850.41 02/01/98 01/01/28 12.750 11.750 18.750 8.000
161605324 63,200.00 63,173.31 03/01/98 02/01/28 13.375 12.375 19.375 8.750
161605423 136,000.00 135,945.73 02/01/98 01/01/28 13.625 12.625 19.625 9.000
161611462 115,600.00 115,538.84 03/01/98 02/01/28 12.375 11.375 18.375 8.250
161616867 93,500.00 93,454.52 03/01/98 02/01/28 12.750 11.750 18.750 8.000
161616909 84,000.00 83,917.03 02/01/98 01/01/28 9.500 8.500 15.500 6.000
161618046 61,600.00 61,537.54 04/01/98 03/01/28 9.375 8.375 15.375 6.250
161619119 104,000.00 103,957.30 03/01/98 02/01/28 13.500 12.500 19.500 9.000
161619721 64,800.00 64,746.87 03/01/98 02/01/28 10.375 9.375 16.375 6.500
161620760 69,100.00 69,044.85 04/01/98 03/01/28 10.500 9.500 16.500 6.500
161620786 16,200.00 16,185.22 04/01/98 03/01/28 9.875 8.875 15.875 6.250
161621222 96,500.00 96,422.98 03/01/98 02/01/28 10.500 9.500 16.500 6.250
161621834 192,000.00 191,783.92 03/01/98 02/01/28 8.875 7.875 14.875 4.500
161623970 54,000.00 53,955.72 03/01/98 02/01/28 10.375 9.375 16.375 6.500
161624648 51,000.00 50,955.88 03/01/98 02/01/28 10.125 9.125 16.125 6.500
161625215 52,000.00 51,956.21 03/01/98 02/01/28 10.250 9.250 16.250 6.000
161625280 73,800.00 73,737.85 03/01/98 02/01/28 10.250 9.250 16.250 6.750
161625363 85,000.00 84,920.37 03/01/98 02/01/28 9.750 8.750 15.750 6.000
161625934 93,900.00 93,856.83 04/01/98 03/01/28 13.000 12.000 19.000 9.000
161631502 90,100.00 90,050.99 04/01/98 03/01/28 12.250 11.250 18.250 8.000
--------------------------------- ----------------------------------------
15,367,400.00 15,360,479.08 10.541 9.637 16.541 6.760
50,025,943.00 49,999,948.51 3.383 3.091 5.309 2.165
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 1 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-01 78 800305922 DENSON YASHLYN W 70,200.00 1 668.53 70,098.50
320-01 78 800308892 GOMES PHILLIP G 84,600.00 1 821.69 84,484.13
320-01 78 800330409 GREENAWAY THOMAS 144,000.00 1 1,250.42 143,802.12
320-01 78 800353344 FINN JOHN 90,000.00 1 814.87 89,888.81
320-01 78 800358053 DOYLE DENNIS 131,000.00 1 1,101.52 130,739.14
320-01 78 800373755 DUNCAN BETTY L 86,850.00 1 730.28 86,721.11
320-01 78 800374563 SIMMONS JERAMIAH 182,750.00 1 1,553.36 182,662.45
320-01 78 800376154 BARR LESLIE G 56,000.00 1 512.25 55,955.31
320-01 78 800382764 ROMERO MANUEL 104,000.00 1 912.67 103,907.61
320-01 78 800383986 LARBIE JOSEPH 90,000.00 1 756.77 89,911.11
320-01 78 800390338 SLAUGHTER DOUGLAS A 108,000.00 1 967.79 107,909.03
320-01 78 800401259 SARGENT BEATRICE T 28,300.00 1 240.55 28,272.77
320-01 78 800406191 MCKAY ERNEST 135,000.00 1 1,172.27 134,938.67
320-01 78 800406639 HEDGCOCK SHARON 113,000.00 1 919.40 112,818.23
320-01 78 800410334 REEVES SHARON 44,000.00 1 402.49 43,964.87
320-01 78 800411621 THOMPSON EVET 107,100.00 1 979.69 107,014.50
320-01 78 800412876 HALL WALTER JR 54,864.00 1 476.41 54,813.95
320-01 78 800429664 ATWELL LYNETTE 75,600.00 1 628.80 75,561.83
320-01 78 800436180 MILLER WILLIAM JR 60,750.00 1 477.92 60,608.66
320-01 78 800440349 ARROYO MIGUEL 78,000.00 1 824.91 77,958.72
320-01 78 800448243 DISNEY JOHN 199,000.00 1 2,298.96 198,920.59
320-01 78 800450470 WOODWARD MARK A 39,400.00 1 447.43 39,383.34
320-01 78 800451411 CHAVEZ JOSE 75,600.00 1 663.44 75,532.84
320-01 78 800455362 LOZANO MIGUEL 126,000.00 1 1,152.57 125,949.93
320-01 78 800459653 MATYAS SUSAN J 100,800.00 1 1,007.84 100,737.02
320-01 78 800460131 BREESE HAROLD ROBERT 77,350.00 1 707.55 77,288.25
320-01 78 800461279 SIMMONS STEVEN L 152,000.00 1 1,305.91 151,785.53
320-01 78 800462228 MURGUIA JESSE 60,750.00 1 550.04 60,700.17
320-01 78 800486029 DZIETCZYK DARIUSZ 94,800.00 1 831.94 94,499.47
320-01 78 800491649 MARTINEZ SANDRO 65,000.00 1 552.49 65,000.00
320-01 78 800494528 SALINAS MARIA DELCARMEN 108,000.00 1 957.77 107,906.57
320-01 78 800502007 JONES FREDERICKA B 60,000.00 1 675.46 59,987.04
320-01 78 800514770 OTT DONNA 105,300.00 1 828.39 105,239.42
320-01 78 800516106 BARTLETT GARY F 80,750.00 1 731.12 80,683.78
320-01 78 800528556 HILTON JOHN T 144,000.00 1 1,317.22 144,000.00
320-01 78 800542771 WEST WILLIAM R 88,000.00 1 700.17 88,000.00
320-01 78 800549214 WORKS SHAWN 72,000.00 1 625.21 72,000.00
320-01 78 800552697 TABANNAH ALTHEA L 106,250.00 1 971.91 106,207.78
320-01 78 800554511 WALDO J KATHERINE 124,000.00 1 997.73 124,000.00
320-01 78 800556243 JETTER MARSHA A 100,800.00 1 820.14 100,800.00
320-01 78 800557498 MURACIOV MIHAIL 123,000.00 1 1,068.07 123,000.00
320-01 78 800568875 OLESKE NANCY J 49,000.00 1 412.02 49,000.00
320-01 78 800576258 REECE HARRI T 61,200.00 1 548.41 61,200.00
320-01 78 800581456 COLE JAMES P 94,500.00 1 803.24 94,500.00
320-01 78 800586661 DEEN SHERRY 144,000.00 1 1,290.39 144,000.00
320-01 78 800595936 ABIMBOLA MARY 98,175.00 1 834.48 98,175.00
320-01 81 800360109 DENNIS KNIBB JAYNE M 168,800.00 1 1,419.36 168,633.29
320-01 81 800365892 PUERTAS JOSE D 113,400.00 1 995.17 113,092.64
320-01 81 800402810 LEDESMA DAVID ALLEN 83,200.00 1 920.36 83,161.74
320-01 81 800407967 ISON GALE 65,600.00 1 563.61 65,600.00
320-01 81 800408569 SIX DOROTHY E 51,935.00 1 446.20 51,861.73
320-01 81 800424665 JENDRAL KATHERINE 83,000.00 1 705.49 82,960.24
320-01 81 800433120 COBB RAYMOND J 78,000.00 1 847.62 78,000.00
320-01 81 800443608 HOWELL RICHARD E 72,000.00 1 611.99 71,930.74
320-01 81 800452385 SIEGEL ERIC 63,700.00 1 512.55 63,665.20
320-01 81 800455032 FINN CHARLES F 46,750.00 1 462.97 46,735.05
320-01 81 800462343 MOORHEAD MICHAEL 153,000.00 1 1,385.28 152,746.89
320-01 81 800463283 PERRINO BARBARA L 75,000.00 1 603.47 75,000.00
320-01 81 800463770 THERILUS MARIE 40,800.00 1 365.61 40,800.00
320-01 81 800464869 ANDRADE MELVILLE 46,400.00 1 394.39 46,355.38
320-01 81 800465957 HARMON STACEY 33,150.00 1 297.06 33,150.00
320-01 81 800466328 RUCH AVERY 43,350.00 1 344.92 43,350.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800305922 90.0 10/01/99 11.000 78,000.00 Y
800308892 90.0 10/01/99 11.250 94,000.00 Y
800330409 90.0 11/04/99 9.875 160,000.00 Y
800353344 90.0 11/01/99 10.375 100,000.00 Y
800358053 69.6 10/01/99 9.500 188,000.00 Y
800373755 87.7 05/01/98 9.500 99,000.00 Y
800374563 85.0 01/01/00 9.625 215,000.00 Y
800376154 80.0 12/01/99 10.500 70,000.00 Y
800382764 80.0 12/01/99 10.000 130,000.00 Y
800383986 90.0 06/01/98 9.500 100,000.00 Y
800390338 90.0 06/01/98 10.250 120,000.00 Y
800401259 26.9 12/01/99 9.625 105,000.00 Y
800406191 90.0 01/01/00 9.875 150,000.00 Y
800406639 74.8 11/01/99 9.125 151,000.00 Y
800410334 80.0 12/01/99 10.500 55,000.00 Y
800411621 90.0 12/01/99 10.500 119,000.00 Y
800412876 84.4 12/01/99 9.875 65,000.00 Y
800429664 90.0 01/01/00 9.375 84,000.00 Y
800436180 90.0 12/01/99 8.750 67,500.00 Y
800440349 75.0 12/01/99 12.375 104,000.00 Y
800448243 76.5 12/01/99 13.625 260,000.00 Y
800450470 18.0 12/01/99 13.375 218,000.00 Y
800451411 90.0 12/01/99 10.000 84,000.00 Y
800455362 90.0 01/01/00 10.500 140,000.00 Y
800459653 80.0 06/01/98 11.625 126,000.00 Y
800460131 85.0 12/01/99 10.500 91,000.00 Y
800461279 89.9 12/01/99 9.750 168,900.00 Y
800462228 90.0 12/01/99 10.375 67,500.00 Y
800486029 80.0 07/01/99 10.000 118,500.00 Y
800491649 50.0 02/01/00 9.625 130,000.00 N
800494528 90.0 01/01/00 10.125 120,000.00 Y
800502007 60.6 01/01/00 13.250 99,000.00 Y
800514770 90.0 07/01/98 8.750 117,000.00 Y
800516106 85.0 01/01/00 10.375 95,000.00 Y
800528556 77.4 03/01/00 10.500 186,000.00 Y
800542771 64.7 08/01/98 8.875 136,000.00 Y
800549214 90.0 03/01/00 9.875 80,000.00 Y
800552697 85.0 02/01/00 10.500 125,000.00 Y
800554511 80.0 02/01/00 9.000 155,000.00 Y
800556243 80.0 03/01/00 9.125 126,000.00 Y
800557498 87.8 03/01/00 9.875 140,000.00 Y
800568875 83.0 03/01/00 9.500 59,000.00 Y
800576258 85.0 02/01/00 10.250 72,000.00 Y
800581456 89.1 03/01/00 9.625 106,000.00 Y
800586661 80.0 03/01/00 10.250 180,000.00 Y
800595936 85.0 02/01/00 9.625 115,500.00 Y
800360109 80.0 12/01/99 9.500 211,000.00 Y
800365892 90.0 10/01/99 10.000 126,000.00 Y
800402810 80.0 12/01/99 13.000 104,000.00 Y
800407967 80.0 02/01/00 9.750 82,000.00 Y
800408569 85.0 11/01/99 9.750 61,100.00 Y
800424665 74.1 01/01/00 9.625 112,000.00 Y
800433120 80.0 02/01/00 12.750 97,500.00 Y
800443608 90.0 01/01/00 9.625 80,000.00 Y
800452385 70.0 01/01/00 9.000 91,000.00 Y
800455032 85.0 01/01/00 11.500 55,000.00 Y
800462343 90.0 11/01/99 10.375 170,000.00 Y
800463283 47.4 09/01/98 9.000 158,000.00 Y
800463770 85.0 03/01/00 10.250 48,000.00 Y
800464869 80.0 12/01/99 9.625 58,000.00 Y
800465957 85.0 02/01/00 10.250 39,000.00 Y
800466328 85.0 02/01/00 8.875 51,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 2 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-01 81 800467631 KOOY ALLAN 76,000.00 1 659.94 76,000.00
320-01 81 800468746 SCHMITZ MICHELLE 154,700.00 1 1,386.27 154,635.13
320-01 81 800471492 JUNE JOHN R 120,450.00 1 1,023.81 120,450.00
320-01 81 800472433 SCHULTZ STEPHEN MATTHEW 130,000.00 1 1,164.93 129,890.51
320-01 81 800473860 GARBAWI SHLOMO 149,500.00 1 1,202.92 149,253.17
320-01 81 800475733 HERNANDEZ MANUEL H 55,250.00 1 621.99 55,225.99
320-01 81 800476491 MUTCH SUZANNE MARIE 100,000.00 1 822.68 100,000.00
320-01 81 800479271 ORTIZ KENNETH 118,900.00 1 1,054.43 118,797.15
320-01 81 800479693 REDMON JOELLA 102,600.00 1 928.95 102,433.58
320-01 81 800479842 LUNDBERG CAROLEE 84,600.00 1 758.10 84,600.00
320-01 81 800480600 HATCH MAX O 164,000.00 1 1,319.58 163,820.17
320-01 81 800481392 BUGBY KIM 124,650.00 1 1,059.51 124,530.10
320-01 81 800482598 NEAUS DAVID 29,520.00 1 240.19 29,504.30
320-01 81 800486193 COLBY BRIAN SCOTT 113,000.00 1 909.22 113,000.00
320-01 81 800487514 SIMONS GARY D 153,000.00 1 1,328.58 152,860.40
320-01 81 800490773 TAYLOR BONNIE 81,600.00 1 671.31 81,515.06
320-01 81 800497653 ADAMS DONNA 175,500.00 1 1,427.92 175,500.00
320-01 81 800499568 BABILOT WARREN G 62,050.00 1 567.60 62,000.46
320-01 81 800503484 SWANSON RUBY 52,000.00 1 475.66 51,979.34
320-01 81 800504730 ESQUIVEL ALEJANDRO 64,000.00 1 573.51 63,946.10
320-01 81 800504763 GRAY MATHEW W 72,000.00 1 611.99 72,000.00
320-01 81 800505117 FRANK JOSEPH P 73,100.00 1 641.51 73,067.66
320-01 81 800507592 MIYASAKI ALBERT A 111,600.00 1 948.59 111,600.00
320-01 81 800508889 LEBLANC EUGENE R 153,000.00 1 1,286.51 152,924.74
320-01 81 800512949 FATAICHER EDWARD J JR 112,000.00 1 1,249.90 111,975.10
320-01 81 800514499 THAYER DAVID O 188,800.00 1 1,536.14 188,699.53
320-01 81 800515116 NESFEDER SHARON A 50,000.00 1 434.17 49,977.29
320-01 81 800519068 FERRANTI ROBERT J SR 157,500.00 1 1,338.73 157,500.00
320-01 81 800521262 ONEAL DORCAS K 136,000.00 1 1,231.35 135,944.48
320-01 81 800521338 TORRES MARCELINO 135,000.00 1 1,184.72 134,940.28
320-01 81 800523029 ELLER JAMES I 135,000.00 1 1,172.27 134,876.83
320-01 81 800524357 ALMODOVAR CARLOS M 182,750.00 1 1,637.62 182,750.00
320-01 81 800525610 RATONEL MARCONI 102,000.00 1 904.56 102,000.00
320-01 81 800528622 OMU IBADA 126,000.00 1 1,117.40 126,000.00
320-01 81 800530701 NORMAN GERALD R 97,200.00 1 817.31 97,200.00
320-01 81 800533382 NUNEZ EVARISTO P 82,800.00 1 703.80 82,760.33
320-01 81 800533523 GRAHAM OTHO V JR 45,900.00 1 402.81 45,859.21
320-01 81 800534901 CANO LINDI 216,000.00 1 1,935.58 216,000.00
320-01 81 800535064 CAREY DANNY R 108,000.00 1 868.99 108,000.00
320-01 81 800536351 BIRRO FAYEZ 38,250.00 1 325.12 38,250.00
320-01 81 800536450 KILBERT JASON A 24,565.00 1 220.13 24,554.70
320-01 81 800537961 LARSON MARTHA S 71,400.00 1 574.51 71,361.00
320-01 81 800538001 WHITEHEAD CLARK D 55,000.00 1 487.75 54,952.42
320-01 81 800538357 ROYBAL JOANN M 59,000.00 1 534.19 58,975.91
320-01 81 800538365 DICKINSON JAMES C II 61,200.00 1 525.80 61,200.00
320-01 81 800538506 WILLIAMS NICHOLAS E 34,000.00 1 304.67 33,985.75
320-01 81 800539082 LOUGHLIN LEWIS D JR 101,700.00 1 920.80 101,700.00
320-01 81 800539926 LANE MURRAY W 122,400.00 1 1,018.06 122,400.00
320-01 81 800542789 GLORA MICHAEL A JR 124,100.00 1 1,077.62 123,986.78
320-01 81 800546368 BEST ALISON T 89,000.00 1 764.65 88,958.48
320-01 81 800547010 WHITELEY SUE A 65,600.00 1 521.94 65,600.00
320-01 81 800548695 PEIRIS SIRALI 132,300.00 1 1,124.54 132,300.00
320-01 81 800548927 LU ROSE 50,000.00 1 452.70 50,000.00
320-01 81 800549750 BARNIER JANET HAFEN 111,000.00 1 1,005.00 111,000.00
320-01 81 800551905 HAEGER VIRGIL J 192,000.00 1 1,631.98 192,000.00
320-01 81 800552374 ORNELAS CHRISTINE 94,000.00 1 824.92 94,000.00
320-01 81 800554172 HAWKINS SHERRA L 98,900.00 1 813.63 98,848.72
320-01 81 800555393 EDWARDS ESTELLE 81,000.00 1 688.49 81,000.00
320-01 81 800555468 LEGG RACHEL 136,800.00 1 1,162.79 136,800.00
320-01 81 800556235 BARLOW VIRGINIA 80,750.00 1 738.65 80,685.54
320-01 81 800557910 FRENCH RONALD CHARLES 84,000.00 1 729.41 83,961.84
320-01 81 800560930 HANIEH IBRAHIM 124,500.00 1 1,127.23 124,500.00
320-01 81 800561169 GREGORY SCOTT B 114,300.00 1 1,013.64 114,300.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800467631 74.5 03/01/00 9.875 102,000.00 Y
800468746 85.0 07/01/98 10.250 182,000.00 Y
800471492 89.9 02/01/00 9.625 133,850.00 Y
800472433 62.5 12/01/99 10.250 208,000.00 Y
800473860 84.9 05/01/98 9.000 175,900.00 Y
800475733 65.0 12/01/99 13.250 85,000.00 Y
800476491 48.6 02/01/00 9.250 205,500.00 Y
800479271 84.9 06/01/98 10.125 139,900.00 Y
800479693 90.0 12/01/99 10.375 114,000.00 Y
800479842 90.0 03/01/00 10.250 94,000.00 Y
800480600 80.0 12/01/99 9.000 205,000.00 N
800481392 90.0 01/01/00 9.625 138,500.00 Y
800482598 80.0 02/01/00 9.125 36,900.00 Y
800486193 75.3 02/01/00 9.000 150,000.00 Y
800487514 90.0 12/01/99 9.875 170,000.00 Y
800490773 85.0 12/01/99 9.250 96,000.00 Y
800497653 88.6 09/01/98 9.125 198,000.00 Y
800499568 85.0 01/01/00 10.500 73,000.00 Y
800503484 80.0 02/01/00 10.500 65,000.00 Y
800504730 80.0 12/01/99 10.250 80,000.00 Y
800504763 80.0 02/01/00 9.625 90,000.00 Y
800505117 85.0 01/01/00 10.000 86,000.00 Y
800507592 90.0 02/01/00 9.625 124,000.00 Y
800508889 74.6 01/01/00 9.500 205,000.00 Y
800512949 80.0 01/01/00 13.125 140,000.00 Y
800514499 80.0 01/01/00 9.125 236,000.00 Y
800515116 40.0 02/01/00 9.875 125,000.00 Y
800519068 75.0 02/01/00 9.625 210,000.00 Y
800521262 80.0 02/01/00 10.375 170,000.00 Y
800521338 90.0 08/01/98 10.000 150,000.00 Y
800523029 90.0 01/01/00 9.875 150,000.00 Y
800524357 85.0 09/01/98 10.250 215,000.00 Y
800525610 85.0 02/01/00 10.125 120,000.00 Y
800528622 90.0 02/01/00 10.125 140,000.00 Y
800530701 90.0 02/01/00 9.500 108,000.00 Y
800533382 90.0 01/01/00 9.625 92,000.00 Y
800533523 90.0 01/01/00 10.000 51,000.00 Y
800534901 80.0 02/01/00 10.250 270,000.00 Y
800535064 80.0 02/01/00 9.000 135,000.00 Y
800536351 85.0 02/01/00 9.625 45,000.00 Y
800536450 85.0 02/01/00 10.250 28,900.00 Y
800537961 85.0 01/01/00 9.000 84,000.00 Y
800538001 63.2 02/01/00 10.125 87,000.00 Y
800538357 64.4 02/01/00 10.375 91,500.00 Y
800538365 90.0 08/01/98 9.750 68,000.00 Y
800538506 85.0 02/01/00 10.250 40,000.00 Y
800539082 90.0 02/01/00 10.375 113,000.00 Y
800539926 85.0 02/01/00 9.375 144,000.00 Y
800542789 85.0 01/01/00 9.875 146,000.00 Y
800546368 89.9 01/01/00 9.750 98,900.00 Y
800547010 80.0 02/01/00 8.875 82,000.00 N
800548695 88.7 02/01/00 9.625 149,000.00 Y
800548927 40.6 02/01/00 10.375 123,000.00 Y
800549750 75.0 03/01/00 10.375 148,000.00 Y
800551905 64.0 02/01/00 9.625 300,000.00 Y
800552374 80.0 03/01/00 10.000 117,500.00 Y
800554172 89.9 02/01/00 9.250 109,900.00 Y
800555393 90.0 03/01/00 9.625 90,000.00 Y
800555468 90.0 02/01/00 9.625 152,000.00 Y
800556235 85.0 03/01/00 10.500 95,000.00 Y
800557910 80.0 02/01/00 9.875 105,000.00 Y
800560930 84.9 03/01/00 10.375 146,500.00 Y
800561169 90.0 02/01/00 10.125 127,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 3 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-01 81 800561748 EASTBURN KENNY 56,000.00 1 455.63 56,000.00
320-01 81 800564817 HARIG PATRICK G 101,600.00 1 817.50 101,600.00
320-01 81 800566507 BAKER RONALD 111,200.00 1 965.60 111,200.00
320-01 81 800566895 BLIX VICTOR E 17,150.00 1 142.65 17,150.00
320-01 81 800567141 WOODS BONNIE J 49,800.00 1 450.89 49,800.00
320-01 81 800568016 BRUGGER CHARLES 68,800.00 1 553.58 68,800.00
320-01 81 800568180 GRIFFIN JOSEPH J JR 162,000.00 1 1,376.98 162,000.00
320-01 81 800568792 WHITELEY SUE ANN 68,000.00 1 541.04 68,000.00
320-01 81 800568834 SCORZA GREGORY M 102,850.00 1 874.21 102,850.00
320-01 81 800569725 BLUITT MEREDYTHE 53,910.00 1 458.22 53,858.16
320-01 81 800570475 GORON CARL G 85,500.00 1 726.74 85,500.00
320-01 81 800572117 ERNEST ERIC 77,400.00 1 650.82 77,400.00
320-01 81 800576571 YOSOYE LOLU 126,900.00 1 1,078.64 126,900.00
320-01 81 800579492 TALARICO LAWRENCE P 164,500.00 1 1,787.61 164,500.00
320-01 81 800583551 DISHAROON SAMUEL J VI 128,000.00 1 1,158.92 128,000.00
320-01 81 800584203 TRAETTINO CHRISTOPHE 160,000.00 1 1,287.40 159,912.60
320-01 81 800584401 KRUSE MISTY B 69,500.00 1 552.97 69,500.00
320-01 81 800585226 DOUGHERTY DENNIS 54,000.00 1 458.99 54,000.00
320-01 81 800588261 SNYDER JOHN R 101,200.00 1 878.77 101,200.00
320-01 81 800588709 RODRIGUEZ GLORIA 90,000.00 1 773.24 90,000.00
320-01 81 800594145 GIRAULO GREG 105,650.00 1 956.56 105,650.00
320-01 81 800594608 PITRE JANA GAYLE 60,300.00 1 512.54 60,300.00
320-01 81 800594830 DOUGLAS RONALD C 217,000.00 1 1,904.33 217,000.00
320-01 81 800598864 CLACKWORTHY PAMELA K 78,300.00 1 701.65 78,300.00
320-01 81 800602930 BACH THUY N 106,250.00 1 912.85 106,250.00
320-01 81 800628430 OBOYLE MARY 89,900.00 1 873.16 89,900.00
320-01 81 800631848 FRANK RUDOLPH J 70,550.00 1 678.54 70,550.00
320-01 82 180161861 GRANTHAM DONNELL 100,800.00 1 968.98 100,384.06
320-01 82 800303471 SHIELDS JOHN L JR 63,750.00 1 619.18 63,617.80
320-01 82 800338428 UHER WILLIAM J 51,000.00 1 505.05 50,916.93
320-01 82 800346769 MORGAN DELBERT III 84,000.00 1 970.42 83,953.76
320-01 82 800349615 WHEELER CLAUDE JR 65,600.00 1 757.85 65,560.79
320-01 82 800351694 JONES KEITH 64,000.00 1 695.49 63,953.05
320-01 82 800363947 MILLS JOHN H 99,700.00 1 865.75 99,516.56
320-01 82 800386096 JAMES BARBARA 114,750.00 1 1,007.01 114,648.06
320-01 82 800387862 KOSER LUCY JEAN 56,000.00 1 652.47 55,978.27
320-01 82 800389140 SHELLY HAROLD 50,750.00 1 412.92 50,668.67
320-01 82 800391260 STEPHENS TERRY LEE 140,800.00 1 1,530.06 140,731.52
320-01 82 800393985 BAKKER ARTHUR 124,000.00 1 1,122.70 123,949.38
320-01 82 800405821 MULLIN WILLIAM 65,450.00 1 568.34 65,360.32
320-01 82 800416653 PATANE PAPALII 212,400.00 1 1,883.61 212,216.26
320-01 82 800417412 URIBE JOSE L 60,000.00 1 526.54 59,946.70
320-01 82 800421570 POTTER CAREY D 138,750.00 1 1,204.84 138,623.99
320-01 82 800422040 JAMES ELAINE 112,800.00 1 1,303.13 112,754.99
320-01 82 800424145 TRACEY CHARLES H JR 55,800.00 1 494.85 55,727.28
320-01 82 800427262 STEFANI FRANK 49,600.00 1 563.26 49,579.24
320-01 82 800431249 DAVIS RONALD E 135,000.00 1 1,135.15 134,866.67
320-01 82 800435430 CHISOLM JOE W 65,700.00 1 564.46 65,669.35
320-01 82 800438178 DAVISON JAMES R 119,700.00 1 952.39 119,497.17
320-01 82 800438806 PRASCO RICHARD A II 66,300.00 1 575.72 66,269.87
320-01 82 800447039 CASTELLINE LEONARD C 77,600.00 1 695.38 77,534.64
320-01 82 800449613 PETERS WILLIAM R 58,000.00 1 466.68 57,936.40
320-01 82 800451965 SCHAFSTECK ROBERT F 128,000.00 1 1,076.29 127,937.04
320-01 82 800452286 VECERKAUSKAS PAUL 76,000.00 1 833.30 75,982.13
320-01 82 800454266 RUTLEDGE DUAYNE 40,000.00 1 466.05 39,984.47
320-01 82 800454746 COOK LORI 22,400.00 1 247.79 22,387.47
320-01 82 800456428 WENTZ MATTHEW R 78,750.00 1 705.68 78,750.00
320-01 82 800457848 DERK TIMOTHY A 44,000.00 1 390.21 43,962.10
320-01 82 800459737 CROWLEY PEGGY L 39,600.00 1 358.54 39,583.83
320-01 82 800460388 WOLFF KIMBERLY A 86,250.00 1 788.96 86,181.16
320-01 82 800467508 MACIEL RICARDO 65,250.00 1 566.60 65,190.46
320-01 82 800469264 GREGORY LOUIS C 80,000.00 1 709.46 80,000.00
320-01 82 800470353 HASKINS DEAN R 57,600.00 1 625.94 57,600.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800561748 80.0 02/01/00 9.125 70,000.00 N
800564817 80.0 03/01/00 9.000 127,000.00 Y
800566507 80.0 03/01/00 9.875 139,000.00 Y
800566895 70.0 03/01/00 9.375 24,500.00 Y
800567141 87.3 03/01/00 10.375 57,000.00 Y
800568016 80.0 03/01/00 9.000 86,000.00 Y
800568180 90.0 03/01/00 9.625 180,000.00 Y
800568792 80.0 02/01/00 8.875 85,000.00 N
800568834 85.0 03/01/00 9.625 121,000.00 Y
800569725 90.0 03/01/00 9.625 59,900.00 Y
800570475 90.0 02/01/00 9.625 95,000.00 Y
800572117 90.0 09/01/98 9.500 86,000.00 Y
800576571 90.0 03/01/00 9.625 141,000.00 Y
800579492 65.8 02/01/00 12.750 250,000.00 Y
800583551 84.7 03/01/00 10.375 151,000.00 Y
800584203 80.0 07/01/98 9.000 200,000.00 Y
800584401 69.5 03/01/00 8.875 100,000.00 Y
800585226 90.0 03/01/00 9.625 60,000.00 Y
800588261 74.9 02/01/00 9.875 134,990.00 Y
800588709 75.0 08/01/98 9.750 120,000.00 Y
800594145 89.5 02/01/00 10.375 118,000.00 Y
800594608 90.0 02/01/00 9.625 67,000.00 Y
800594830 74.8 03/01/00 10.000 290,000.00 Y
800598864 90.0 03/01/00 10.250 87,000.00 Y
800602930 85.0 03/01/00 9.750 125,000.00 Y
800628430 80.9 03/01/00 11.250 111,000.00 Y
800631848 85.0 03/01/00 11.125 83,000.00 Y
180161861 87.6 04/01/98 11.125 115,000.00 Y
800303471 85.0 08/01/99 11.250 75,000.00 Y
800338428 85.0 10/01/99 11.500 60,000.00 Y
800346769 80.0 01/01/00 13.625 105,000.00 Y
800349615 80.0 11/01/99 13.625 82,000.00 Y
800351694 80.0 11/01/99 12.750 80,000.00 Y
800363947 68.9 10/01/99 9.875 144,500.00 Y
800386096 85.0 07/01/98 10.000 135,000.00 Y
800387862 80.0 12/01/99 13.750 70,000.00 Y
800389140 70.0 11/01/99 9.125 72,500.00 Y
800391260 80.0 12/01/99 12.750 176,000.00 Y
800393985 89.5 01/01/00 10.375 138,500.00 Y
800405821 85.0 12/01/99 9.875 77,000.00 Y
800416653 90.0 12/01/99 10.125 236,000.00 Y
800417412 60.0 12/01/99 10.000 100,000.00 Y
800421570 75.0 12/01/99 9.875 185,000.00 Y
800422040 80.0 12/01/99 13.625 141,000.00 Y
800424145 90.0 12/01/99 10.125 62,000.00 Y
800427262 80.0 12/01/99 13.375 62,000.00 Y
800431249 79.4 06/01/98 9.500 170,000.00 Y
800435430 90.0 01/01/00 9.750 73,000.00 Y
800438178 90.0 11/01/99 8.875 133,000.00 Y
800438806 85.0 01/01/00 9.875 78,000.00 Y
800447039 80.0 01/01/00 10.250 97,000.00 Y
800449613 41.4 01/01/00 9.000 140,000.00 Y
800451965 80.0 01/01/00 9.500 160,000.00 Y
800452286 80.0 01/01/00 12.875 95,000.00 Y
800454266 80.0 12/01/99 13.750 50,000.00 Y
800454746 80.0 12/01/99 13.000 28,000.00 Y
800456428 90.0 08/01/98 10.250 87,500.00 Y
800457848 80.0 12/01/99 10.125 55,000.00 Y
800459737 90.0 01/01/00 10.375 44,000.00 Y
800460388 75.0 12/01/99 10.500 115,000.00 Y
800467508 90.0 12/01/99 9.875 72,500.00 Y
800469264 50.9 02/01/00 10.125 157,000.00 Y
800470353 80.0 02/01/00 12.750 72,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 4 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-01 82 800470619 MEYER STEVEN M 96,000.00 1 1,156.50 95,966.80
320-01 82 800471369 SMITH-SWAIN CLAUDIA E 131,325.00 1 1,128.28 131,201.98
320-01 82 800473027 KELLY KATHLEEN A 67,200.00 1 608.43 67,121.00
320-01 82 800473316 STOTT DAVID A 36,000.00 1 315.93 35,951.81
320-01 82 800474645 PURTELL MICHAEL J 88,600.00 1 1,014.84 88,581.91
320-01 82 800476962 SINGH CHAMI 114,300.00 1 1,034.88 114,300.00
320-01 82 800477259 TUSZYNSKI DOREEN 100,300.00 1 898.79 100,300.00
320-01 82 800479602 ALVAREZ LUDWING 71,250.00 1 579.71 71,135.40
320-01 82 800480980 BRITTINGHAM RICHARD L 189,000.00 1 1,728.86 188,924.89
320-01 82 800481871 MARTIN BOBBY G 160,000.00 1 1,374.65 160,000.00
320-01 82 800482606 HEFFERNAN MARK 28,000.00 1 248.31 28,000.00
320-01 82 800483117 TRUJILLO DONNA 97,325.00 1 872.13 97,243.03
320-01 82 800483349 KRUGER KENNETH 148,500.00 1 1,289.50 148,500.00
320-01 82 800484669 KAMIENSKI STANLEY J 89,600.00 1 1,026.29 89,563.21
320-01 82 800487589 MARTINI JAMES J 121,050.00 1 1,107.29 121,050.00
320-01 82 800487621 FISCHER LYNNE 135,000.00 1 1,098.40 134,928.16
320-01 82 800488116 ALVAREZ LUDWING 119,000.00 1 1,033.33 118,891.44
320-01 82 800489643 DEMELL JOHN E 55,000.00 1 482.66 54,951.14
320-01 82 800489981 YERKS ALBERT C 183,000.00 1 1,555.48 183,000.00
320-01 82 800490757 MOHLER DELSIE A 60,000.00 1 543.24 59,950.81
320-01 82 800490997 HANSON ANN S 104,800.00 1 833.84 104,682.05
320-01 82 800491326 DIAMOND ELIZABETH M 120,700.00 1 1,025.94 120,642.17
320-01 82 800492456 SCOTT SHEILA JOYCE 130,500.00 1 1,097.31 130,371.13
320-01 82 800496184 SCHLAG WILLIAM W 79,050.00 1 723.10 79,018.59
320-01 82 800496523 TEMPLIN ROBERT J 24,000.00 1 274.90 23,996.00
320-01 82 800496911 CHARLES EDGAR H 18,500.00 1 162.36 18,500.00
320-01 82 800497836 DOWNS JOHN W 40,500.00 1 351.68 40,463.05
320-01 82 800498222 GLASSMAN VERONICA 113,000.00 1 991.66 112,950.01
320-01 82 800498529 DIAS KATHLEEN A 90,100.00 1 749.41 90,008.64
320-01 82 800499949 SERRANO WILFREDO M 53,800.00 1 457.29 53,800.00
320-01 82 800503302 ROSU THEODORE P 86,400.00 1 750.25 86,400.00
320-01 82 800505067 SNYDER JOHN T 115,000.00 1 998.60 115,000.00
320-01 82 800505992 FRANK JOHN J III 96,800.00 1 1,051.92 96,752.91
320-01 82 800506677 NGUYEN GIOI V 49,500.00 1 452.80 49,500.00
320-01 82 800508202 BRINIG PAUL J 71,190.00 1 585.66 71,103.10
320-01 82 800509564 HAMERSLY LORI 75,250.00 1 653.43 75,215.81
320-01 82 800509762 MONTGOMERY HOMER D 105,300.00 1 837.81 105,300.00
320-01 82 800515983 HOFFMANN CANDY L 68,960.00 1 776.33 68,945.10
320-01 82 800516502 DIIORIO ROGER G 124,000.00 1 1,371.69 123,942.98
320-01 82 800516809 BURGOS SONIA 162,000.00 1 1,391.83 161,924.42
320-01 82 800517120 SANABIA FELIPE 141,600.00 1 1,282.06 141,542.19
320-01 82 800517765 OLEY LEONARD 58,000.00 1 503.65 57,973.65
320-01 82 800523656 LOFFREDO MARIA D 191,750.00 1 2,158.67 191,708.57
320-01 82 800526923 SCOTT ROBERT J 62,900.00 1 569.50 62,848.42
320-01 82 800527251 CASABONA ANTHONY 121,500.00 1 1,077.49 121,447.67
320-01 82 800528739 MEZA ARCENIO 90,000.00 1 798.15 89,961.23
320-01 82 800530461 FAZZARI ROMA 132,000.00 1 1,158.40 131,941.61
320-01 82 800531717 BROWN NANCY 38,250.00 1 339.21 38,200.16
320-01 82 800531949 WILSON LEWIS 63,000.00 1 535.49 63,000.00
320-01 82 800533929 CRANE RENEE 93,500.00 1 841.24 93,360.01
320-01 82 800536120 NOVKOVIC GERDA L 71,100.00 1 630.53 71,100.00
320-01 82 800538183 WILLIAMS DONALD 137,700.00 1 1,183.06 137,700.00
320-01 82 800539348 DALE PATRICIA G 37,350.00 1 324.33 37,333.03
320-01 82 800541500 QUINN ELIZABETH M 179,800.00 1 1,577.87 179,800.00
320-01 82 800541542 KEISLING PAUL D 180,000.00 1 1,973.59 179,957.66
320-01 82 800542847 ENGELHARDT ROBERT 77,400.00 1 686.40 77,333.04
320-01 82 800546392 METZGAR DOUGLAS W 90,800.00 1 755.23 90,800.00
320-01 82 800546699 GIESSUEBEL WILLIAM R 105,600.00 1 1,178.47 105,600.00
320-01 82 800549289 DARBROW JULIE R 99,000.00 1 877.95 98,957.36
320-01 82 800550378 RING CYNTHIA 102,000.00 1 923.51 102,000.00
320-01 82 800551582 CANALES JESUS I 85,500.00 1 758.23 85,500.00
320-01 82 800554453 WALLIS NATHAN MAX 68,400.00 1 593.95 68,337.60
320-01 82 800557977 CHO SANG CHUL 150,000.00 1 1,234.02 149,843.86
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800470619 80.0 12/01/99 14.250 120,000.00 Y
800471369 85.0 12/01/99 9.750 154,500.00 Y
800473027 80.0 02/01/00 10.375 84,000.00 Y
800473316 80.0 11/01/99 10.000 45,000.00 Y
800474645 79.9 01/01/00 13.500 110,800.00 Y
800476962 90.0 02/01/00 10.375 127,000.00 Y
800477259 84.2 02/01/00 10.250 119,000.00 Y
800479602 75.0 12/01/99 9.125 95,000.00 Y
800480980 90.0 01/01/00 10.500 210,000.00 Y
800481871 56.6 02/01/00 9.750 282,500.00 Y
800482606 80.0 02/01/00 10.125 35,000.00 N
800483117 85.0 12/01/99 10.250 114,500.00 Y
800483349 90.0 02/01/00 9.875 165,000.00 Y
800484669 80.0 01/01/00 13.500 112,000.00 Y
800487589 90.0 02/01/00 10.500 134,500.00 Y
800487621 70.6 02/01/00 9.125 191,000.00 Y
800488116 85.0 01/01/00 9.875 140,000.00 Y
800489643 59.1 01/01/00 10.000 93,000.00 Y
800489981 73.2 02/01/00 9.625 250,000.00 Y
800490757 75.0 01/01/00 10.375 80,000.00 Y
800490997 80.0 12/01/99 8.875 131,000.00 Y
800491326 85.0 01/01/00 9.625 142,000.00 Y
800492456 90.0 01/01/00 9.500 145,000.00 Y
800496184 85.0 01/01/00 10.500 93,000.00 Y
800496523 80.0 02/01/00 13.500 30,000.00 Y
800496911 58.7 02/01/00 10.000 31,500.00 Y
800497836 90.0 01/01/00 9.875 45,000.00 Y
800498222 70.1 07/01/98 10.000 161,000.00 Y
800498529 85.0 01/01/00 9.375 106,000.00 Y
800499949 89.9 03/01/00 9.625 59,800.00 Y
800503302 90.0 02/01/00 9.875 96,000.00 Y
800505067 79.4 03/01/00 9.875 144,800.00 Y
800505992 80.0 01/01/00 12.750 121,000.00 Y
800506677 90.0 02/01/00 10.500 55,000.00 Y
800508202 80.9 01/01/00 9.250 87,900.00 Y
800509564 70.9 02/01/00 9.875 106,000.00 Y
800509762 90.0 02/01/00 8.875 117,000.00 Y
800515983 80.0 01/01/00 13.250 86,200.00 Y
800516502 78.9 01/01/00 13.000 157,000.00 Y
800516809 90.0 07/01/98 9.750 180,000.00 Y
800517120 80.0 01/01/00 10.375 177,000.00 Y
800517765 65.9 01/01/00 9.875 88,000.00 Y
800523656 65.0 01/01/00 13.250 295,000.00 Y
800526923 85.0 01/01/00 10.375 74,000.00 Y
800527251 90.0 02/01/00 10.125 135,000.00 Y
800528739 90.0 01/01/00 10.125 100,000.00 Y
800530461 80.0 01/01/00 10.000 165,000.00 N
800531717 85.0 01/01/00 10.125 45,000.00 Y
800531949 90.0 02/01/00 9.625 70,000.00 Y
800533929 85.0 01/01/00 9.000 110,000.00 Y
800536120 90.0 02/01/00 10.125 79,000.00 Y
800538183 90.0 02/01/00 9.750 153,000.00 Y
800539348 90.0 01/01/00 9.875 41,500.00 Y
800541500 89.0 02/01/00 10.000 202,000.00 Y
800541542 80.0 01/01/00 12.875 225,000.00 Y
800542847 90.0 01/01/00 10.125 86,000.00 Y
800546392 55.0 02/01/00 9.375 165,000.00 Y
800546699 80.0 02/01/00 13.125 132,000.00 Y
800549289 90.0 02/01/00 10.125 110,000.00 Y
800550378 85.0 02/01/00 10.375 120,000.00 Y
800551582 90.0 02/01/00 10.125 95,000.00 Y
800554453 90.0 02/01/00 9.875 76,000.00 Y
800557977 62.5 12/22/99 9.250 240,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 5 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-01 82 800558512 OLIVER ED LEE JR 88,200.00 1 733.60 88,200.00
320-01 82 800562845 RIOS OSCAR 102,600.00 1 890.93 102,506.38
320-01 82 800564759 BUSH CORNELIA W 40,000.00 1 362.16 39,950.59
320-01 82 800574154 MORAN MARGARET ANN 68,000.00 1 590.48 67,969.10
320-01 82 800575383 WARE CEDRIC M 42,415.00 1 376.15 42,415.00
320-01 82 800576803 YOUNG JERALD O 98,100.00 1 833.84 98,100.00
320-01 82 800588428 MISLIN WILLIAM H JR 54,000.00 1 576.32 53,986.18
320-01 82 800616914 KRAFFT ANNE 67,900.00 1 685.39 67,900.00
320-01 88 180097867 PETICCA MARIO 40,000.00 1 351.03 39,777.63
320-01 88 180104002 COSSABOON ROBERT N 206,250.00 1 1,886.65 205,010.74
320-01 88 180140535 LINK JOHN 176,250.00 1 1,514.26 175,307.83
320-01 88 800179848 NASE JAMES S 18,000.00 1 164.65 17,941.02
320-01 88 800233710 VANALPHEN ROBERT 80,000.00 1 716.88 79,759.08
320-01 88 800284366 THORNE MELANIE A 31,500.00 1 288.14 31,423.26
320-01 88 800303992 STROUSE JASON L 36,000.00 1 325.95 35,955.51
320-01 88 800323412 KOUMANDARAKI JOHN 192,500.00 1 1,618.65 192,018.98
320-01 88 800335291 LINCOLN HARRIET A 34,500.00 1 341.65 34,466.60
320-01 88 800342933 NORMAND CATHERINE 46,800.00 1 419.38 46,720.46
320-01 88 800356065 SYKES ADDIE ANN 47,700.00 1 405.44 47,607.51
320-01 88 800359622 CHESNUT CRAIG 114,750.00 1 975.36 114,583.77
320-01 88 800375271 TORRES STEVEN J 157,500.00 1 1,396.75 157,432.16
320-01 88 800376345 PEPINO RALPH J 188,300.00 1 1,635.10 187,953.97
320-01 88 800407082 WEBBER WILLIAM SCOTT 107,250.00 1 971.05 107,117.52
320-01 88 800411969 DANIEL JOSEPH M 138,992.00 1 1,258.44 138,878.03
320-01 88 800431744 WARDEN JOHN F 44,000.00 1 503.98 43,972.76
320-01 88 800439572 YURASITS JEFFREY E 32,800.00 1 356.44 32,784.04
320-01 88 800447476 STEWART CRAIG 72,000.00 1 638.51 71,906.18
320-01 88 800449597 PHILLIPS WILLIAM 108,000.00 1 957.77 107,906.57
320-01 88 800459786 BANOVICH DANIEL E 110,800.00 1 1,055.17 110,720.63
320-01 88 800484974 BOYD WILLIAM III 123,250.00 1 1,047.61 123,190.96
320-01 88 800486557 WEIR KEVIN P 146,200.00 1 1,216.02 146,051.76
320-01 88 800490278 DEVITA ANTHONY M 196,000.00 1 1,665.98 195,716.04
320-01 88 800500589 HAAS MARY A 40,000.00 1 332.70 39,959.44
320-01 88 800501645 ROGSTAD ROBERT R 126,000.00 1 1,152.58 125,949.92
320-01 88 800512410 BRYAN KOLTUN KIMBERLY 89,500.00 1 728.20 89,452.37
320-01 88 800517146 MARTIN DENISE M 224,400.00 1 1,907.38 224,400.00
320-01 88 800530982 SHORTERAGE DARYELL 224,000.00 1 2,007.27 223,811.32
320-01 88 800532392 BRYAN LEONARD O 162,000.00 1 1,376.98 162,000.00
320-01 88 800533143 GEHRKE EMILIE ANN 104,800.00 1 890.79 104,800.00
320-01 88 800534893 SINIBALDI MICHAEL W 57,800.00 1 523.33 57,776.40
320-01 88 800548349 HOUSE CALLIE MAE 85,500.00 1 726.74 85,500.00
320-01 88 800549370 BLANCHARD JAMES W 140,000.00 1 1,215.69 140,000.00
320-01 88 800551939 DALTON JOSEPH 109,600.00 1 951.71 109,600.00
320-01 88 800552531 ADENIKINJU ANTHONY 113,050.00 1 909.63 113,050.00
320-01 88 800553695 HARTZELL JOHN R 31,400.00 1 281.38 31,400.00
320-01 88 800556821 PERINI DENNIS J 171,980.00 1 1,509.25 171,980.00
320-01 88 800567273 GALLEGOS CYNTHIA A 47,250.00 1 401.62 47,250.00
320-01 88 800583205 DILLMORE PHILLIP R 42,400.00 1 383.89 42,400.00
320-01 88 800584617 OLMSTEAD JAN ERIC 157,500.00 1 1,367.65 157,356.29
320-01 88 800584963 MUNOZ F ISAAC 92,000.00 1 748.54 92,000.00
320-01 88 800588311 SALAMEH ABDUL-RAHM 169,000.00 1 1,421.04 169,000.00
320-01 88 800589889 BAILEY DION L 67,500.00 1 573.74 67,500.00
320-01 88 800613986 STROM KATHLEEN 84,352.00 1 875.78 84,352.00
320-01 88 800618720 LAJOIE EVELYN L 63,000.00 1 570.41 63,000.00
320-01 88 800628307 BOYD DENNIS B 61,200.00 1 665.06 61,200.00
320-01 92 800429912 CAPIRIS CYNTHIA J 221,000.00 1 1,738.61 221,000.00
320-01 92 800439937 DEMASI RAYMOND J 53,600.00 1 624.50 53,579.22
320-01 92 800485849 JOSEPH CLAIRE 161,500.00 1 1,707.97 161,500.00
320-01 92 800492092 ALEXANDER SCOTT 87,550.00 1 784.54 87,550.00
320-01 92 800505679 JACKSON MICHAEL 55,200.00 1 621.43 55,200.00
320-01 92 800508541 KNOTT EDITH 216,000.00 1 1,955.68 216,000.00
320-01 92 800510091 RIZZO GERALD 128,000.00 1 1,041.45 128,000.00
320-01 92 800520249 ALLEN CYNTHIA 34,850.00 1 385.51 34,850.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800558512 90.0 01/26/00 9.375 98,000.00 Y
800562845 90.0 02/01/00 9.875 114,000.00 Y
800564759 17.3 12/01/99 10.375 230,000.00 Y
800574154 77.2 02/01/00 9.875 88,000.00 Y
800575383 85.0 02/01/00 10.125 49,900.00 Y
800576803 90.0 02/01/00 9.625 109,000.00 Y
800588428 80.0 01/01/00 12.500 67,500.00 Y
800616914 84.8 02/01/00 11.750 80,000.00 Y
180097867 80.0 02/03/99 10.000 50,000.00 Y
180104002 75.0 02/01/99 10.500 275,000.00 Y
180140535 75.0 04/01/99 9.750 235,000.00 Y
800179848 90.0 06/01/99 10.500 20,000.00 Y
800233710 87.4 07/01/99 10.250 91,500.00 Y
800284366 90.0 09/01/99 10.500 35,000.00 Y
800303992 90.0 11/01/99 10.375 40,000.00 Y
800323412 70.0 09/01/98 9.500 275,000.00 Y
800335291 89.6 11/01/99 11.500 38,500.00 Y
800342933 90.0 10/01/99 10.250 52,000.00 Y
800356065 90.0 10/01/99 9.625 53,000.00 Y
800359622 85.0 11/01/99 9.625 135,000.00 Y
800375271 90.0 01/01/00 10.125 175,000.00 Y
800376345 85.9 04/01/98 9.875 219,000.00 Y
800407082 67.4 11/01/99 10.375 159,000.00 Y
800411969 85.0 12/01/99 10.375 163,520.00 Y
800431744 80.0 11/01/99 13.500 55,000.00 Y
800439572 80.0 12/01/99 12.750 41,000.00 Y
800447476 90.0 11/01/99 10.125 80,000.00 Y
800449597 90.0 12/01/99 10.125 120,000.00 Y
800459786 80.0 12/01/99 11.000 138,500.00 Y
800484974 85.0 02/01/00 9.625 145,000.00 Y
800486557 85.0 01/01/00 9.375 172,000.00 Y
800490278 68.7 06/01/98 9.625 285,000.00 Y
800500589 48.2 01/01/00 9.375 82,900.00 Y
800501645 90.0 01/01/00 10.500 140,000.00 Y
800512410 81.3 01/01/00 9.125 110,000.00 Y
800517146 89.9 03/01/00 9.625 249,395.00 Y
800530982 79.8 01/01/00 10.250 280,500.00 Y
800532392 90.0 03/01/00 9.625 180,000.00 Y
800533143 80.0 02/01/00 9.625 131,000.00 Y
800534893 85.0 02/01/00 10.375 68,000.00 Y
800548349 87.2 02/01/00 9.625 98,000.00 Y
800549370 54.9 03/01/00 9.875 255,000.00 Y
800551939 80.0 02/01/00 9.875 137,000.00 Y
800552531 85.0 02/01/00 9.000 133,000.00 Y
800553695 84.8 03/01/00 10.250 37,000.00 Y
800556821 85.9 02/01/00 10.000 200,000.00 Y
800567273 75.0 03/01/00 9.625 63,000.00 Y
800583205 84.9 02/01/00 10.375 49,900.00 Y
800584617 90.0 03/01/00 9.875 175,000.00 Y
800584963 77.3 03/01/00 9.125 119,000.00 Y
800588311 89.4 08/01/98 9.500 189,000.00 Y
800589889 90.0 03/01/00 9.625 75,000.00 Y
800613986 65.9 03/01/00 12.125 128,000.00 Y
800618720 53.4 03/01/00 10.375 117,900.00 Y
800628307 90.0 02/01/00 12.750 68,000.00 Y
800429912 66.9 08/01/98 8.750 330,000.00 Y
800439937 80.0 12/01/99 13.750 67,000.00 Y
800485849 85.0 02/01/00 12.375 190,000.00 Y
800492092 85.0 03/01/00 10.250 103,000.00 Y
800505679 80.0 02/01/00 13.250 69,000.00 Y
800508541 90.0 02/01/00 10.375 240,000.00 Y
800510091 80.0 03/01/00 9.125 160,000.00 Y
800520249 55.7 02/01/00 13.000 62,500.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 6 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-01 92 800527608 ROTH ROBERT K 124,500.00 1 1,081.09 124,443.44
320-01 92 800538647 LOPEZ FELIX 97,500.00 1 1,107.20 97,479.52
320-01 92 800550188 FREEMAN GENE 83,000.00 1 901.96 83,000.00
320-01 92 800552689 MANSBERGER CARL E 72,000.00 1 625.21 72,000.00
320-01 92 800567927 BENEFIELD SCOTT 46,500.00 1 365.82 46,500.00
320-01 92 800569758 MORGAN CHARLES J 64,440.00 1 577.45 64,440.00
320-01 92 800569923 WEAVER MIKE 93,750.00 1 779.77 93,750.00
320-01 92 800574832 HOLCOMBE CALEB 151,300.00 1 1,231.03 151,300.00
320-01 92 800582603 BROWN ALLEN L 89,100.00 1 716.92 89,100.00
320-01 92 800583601 MERKERT RONALD W 78,750.00 1 633.64 78,750.00
320-01 92 800584427 ABRELL RAY 93,200.00 1 792.19 93,200.00
320-01 92 800584575 ANDERSON BRYAN K. 32,500.00 1 276.25 32,500.00
320-01 92 800587297 DUCHI JORGE 102,000.00 1 848.38 102,000.00
320-01 92 800597486 MERRITT ANTHONY W 73,100.00 1 655.05 73,100.00
320-01 92 800597775 SCHOUTEN KIRA L. 62,475.00 1 554.04 62,475.00
320-01 92 800598534 SANTINI ARIA RAFAEL 53,125.00 1 441.87 53,125.00
320-01 92 800605289 DEY ROSA C 68,000.00 1 615.68 68,000.00
320-01 92 800606956 CLIFTON ANDROS 162,000.00 1 1,466.76 162,000.00
320-01 92 800607582 BOONE MICHELLE D 148,750.00 1 1,346.79 148,750.00
320-01 92 800612517 TREON TIMOTHY P 67,150.00 1 595.50 67,150.00
320-01 92 800616286 STEPHENS ASHTON 141,750.00 1 1,283.41 141,750.00
320-01 92 800616591 MEADOWS ROSETTA M. 100,000.00 1 980.76 100,000.00
320-01 92 800618985 BONHUER DARYL 113,600.00 1 1,103.35 113,600.00
320-01 92 800620213 DEVENEY SCOTT BRIAN 96,350.00 1 775.25 96,350.00
320-01 92 800626251 MONTALVO MONSERRATE 109,600.00 1 982.13 109,600.00
320-01 92 800628612 YUKA JOSEPH G 90,000.00 1 891.26 90,000.00
320-01 92 800633604 COTTO JOSE 38,320.00 1 390.48 38,320.00
320-01 92 800634057 MCGEE DONALD P 192,000.00 1 1,974.94 192,000.00
320-01 92 800643900 GOUDEAU PAMELA M 36,125.00 1 382.05 36,125.00
320-01 92 800650335 VAN PROYEN JACOB 123,250.00 1 1,115.91 123,250.00
320-01 92 800653636 MAY SHAWN ANDREW 72,000.00 1 733.68 72,000.00
320-01 92 800654287 VILLA MICHAEL 38,800.00 1 369.50 38,800.00
320-01 92 800673527 BARRIOS MARK A 107,500.00 1 983.34 107,500.00
320-01 SB599 161359914 BLYTHE RICHARD B 135,000.00 1 1,234.90 134,144.05
320-01 SB599 161578786 SKAGGS ROBERT D 45,000.00 1 428.55 45,000.00
320-01 SB599 161619929 JOHNSEN ROBERT MARTIN 50,500.00 1 401.80 50,500.00
320-01 SB599 161619986 WRIGHT CLIFFORD D 75,000.00 1 617.01 74,961.12
320-01 SB599 161620281 OCKERMAN HARRY M 121,500.00 1 1,111.41 121,500.00
320-01 SB599 161623343 PHILLIPS ROBERT M 45,600.00 1 417.12 45,600.00
320-01 SB599 161623376 FAIRMAN STEPHEN 108,000.00 1 888.49 108,000.00
320-01 SB599 161625470 DOSS GREGORY 58,500.00 1 529.67 58,500.00
320-01 SB600 161630413 PAPPAS JOHNNY S 97,500.00 1 864.65 97,415.66
320-01 SB600 161632922 SINGLETARY TONY W 87,300.00 1 782.30 87,226.46
320-01 SB601 161622980 JAMERSON JAMES C 52,000.00 1 442.00 52,000.00
320-01 SB601 161624366 GOJCAJ PETER 143,700.00 1 1,247.82 143,700.00
320-01 SB601 161625009 ROACH RUTH F 153,900.00 1 1,308.13 153,900.00
320-01 SB601 161631148 GROSSMAN STEPHEN D 81,900.00 1 874.08 81,900.00
320-01 SB601 161607866 HUTCHINSON GEORGE 71,400.00 1 653.12 71,343.01
-------------------------------------------------------------- -----------------------------
362 Sale Total 34,658,543.00 310,455.69 34,639,469.43
320-02 90 180046989 WILLIS DONNA 76,500.00 1 685.52 76,060.88
320-02 90 180089740 MOHN MARGARET I 132,000.00 1 1,062.10 131,098.20
320-02 90 800401960 GRAHAM EDWIN S 28,000.00 1 326.24 28,000.00
320-02 90 800468084 JACOBS JOANN 31,200.00 1 363.52 31,187.89
320-02 90 800483588 WEEKS RICK LEWIS 86,400.00 1 726.50 86,357.50
320-02 90 800493751 MCCOY HUNTER GORDON JR 132,800.00 1 1,521.11 132,772.89
320-02 90 800495574 GRILLO JENNIFER 65,600.00 1 581.76 65,600.00
320-02 90 800507725 EGLI KEITH 92,500.00 1 803.22 92,500.00
320-02 90 800516015 FANY PEDRO ANTONIO 63,750.00 1 583.15 63,724.66
320-02 90 800517419 DRYSDALE DAVID R 208,000.00 1 1,883.25 207,915.08
320-02 90 800528028 FAZZARI ROMA 88,000.00 1 772.27 87,961.07
320-02 90 800530602 KOHL FRITZ K 125,000.00 1 1,039.69 125,000.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800527608 89.2 01/01/00 9.875 139,450.00 Y
800538647 75.0 01/01/00 13.375 130,000.00 Y
800550188 42.5 03/01/00 12.750 195,000.00 Y
800552689 90.0 02/01/00 9.875 80,000.00 Y
800567927 80.8 04/01/00 8.750 57,500.00 Y
800569758 90.0 02/01/00 10.250 71,600.00 Y
800569923 75.0 03/01/00 9.375 125,000.00 Y
800574832 85.0 02/01/00 9.125 178,000.00 Y
800582603 90.0 03/01/00 9.000 99,000.00 Y
800583601 90.0 03/01/00 9.000 87,500.00 Y
800584427 66.5 03/01/00 9.625 140,000.00 N
800584575 89.8 03/01/00 9.625 36,160.00 Y
800587297 85.0 03/01/00 9.375 120,000.00 Y
800597486 85.0 03/01/00 10.250 86,000.00 Y
800597775 85.0 03/01/00 10.125 73,500.00 Y
800598534 85.0 03/01/00 9.375 62,500.00 Y
800605289 68.0 03/01/00 10.375 100,000.00 Y
800606956 90.0 03/01/00 10.375 180,000.00 Y
800607582 85.0 03/01/00 10.375 175,000.00 Y
800612517 85.0 03/01/00 10.125 79,000.00 Y
800616286 90.0 03/01/00 10.375 157,500.00 Y
800616591 80.0 04/01/00 11.375 125,000.00 Y
800618985 80.0 03/01/00 11.250 142,000.00 Y
800620213 80.9 03/01/00 9.000 119,000.00 Y
800626251 84.9 09/01/98 10.250 129,000.00 Y
800628612 66.6 03/01/00 11.500 135,000.00 Y
800633604 80.0 03/01/00 11.875 47,900.00 Y
800634057 80.0 09/01/98 12.000 240,000.00 Y
800643900 85.0 02/01/00 12.375 42,500.00 Y
800650335 85.0 03/01/00 10.375 145,000.00 Y
800653636 80.0 03/01/00 11.875 90,000.00 Y
800654287 83.4 03/01/00 11.000 46,500.00 Y
800673527 84.9 03/01/00 10.500 126,500.00 Y
161359914 79.4 11/01/98 10.500 170,000.00 Y
161578786 75.0 03/01/00 11.000 60,000.00 Y
161619929 84.8 02/01/00 8.875 59,500.00 Y
161619986 64.1 01/01/00 9.250 117,000.00 Y
161620281 90.0 02/01/00 10.500 135,000.00 Y
161623343 75.0 08/01/98 10.500 60,800.00 N
161623376 80.0 03/01/00 9.250 135,000.00 Y
161625470 90.0 02/01/00 10.375 65,000.00 Y
161630413 75.0 03/01/00 10.125 130,000.00 Y
161632922 90.0 03/01/00 10.250 97,000.00 Y
161622980 80.0 03/01/00 9.625 65,000.00 Y
161624366 65.0 02/01/00 9.875 221,000.00 Y
161625009 90.0 02/01/00 9.625 171,000.00 Y
161631148 65.0 03/01/00 12.500 126,000.00 Y
161607866 85.0 03/01/00 10.500 84,000.00 Y
---- -------------------------- -------
81.5 10.228 210,000.00
180046989 90.0 02/01/99 10.250 85,000.00 Y
180089740 80.0 02/01/99 9.000 165,000.00 Y
800401960 80.0 02/01/00 13.750 35,000.00 Y
800468084 80.0 12/01/99 13.750 39,000.00 Y
800483588 89.0 01/01/00 9.500 97,000.00 Y
800493751 80.0 01/12/00 13.500 166,000.00 Y
800495574 80.0 08/01/98 10.125 82,000.00 Y
800507725 77.7 02/01/00 9.875 119,000.00 Y
800516015 67.8 08/01/98 10.500 94,000.00 Y
800517419 88.5 01/01/00 10.375 235,000.00 Y
800528028 80.0 01/01/00 10.000 110,000.00 N
800530602 45.4 03/01/00 9.375 275,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 7 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-02 90 800535411 GRUZESKY ERIC J 88,000.00 1 982.07 88,000.00
320-02 90 800537813 SPENCER JAMES R 78,000.00 1 670.14 77,926.92
320-02 90 800541203 DANIELLS NOREEN 75,000.00 1 665.12 75,000.00
320-02 90 800543134 NEALON GERARD 52,800.00 1 424.85 52,771.16
320-02 90 800544389 APPLEGATE R LEE 85,500.00 1 782.10 85,500.00
320-02 90 800546186 EASTON GARRETT WADE 119,700.00 1 1,039.41 119,700.00
320-02 90 800555625 AZOULAY FELIX 176,800.00 1 1,454.49 176,800.00
320-02 90 800558801 RAMDASS GAITRIE 202,500.00 1 1,702.73 202,500.00
320-02 90 800559775 MOSBY DIANE M 29,250.00 1 329.29 29,250.00
320-02 90 800565285 SABURN BRUCE JOHN 67,150.00 1 601.73 67,150.00
320-02 90 800566135 KASBARIAN SARA 204,000.00 1 1,771.43 204,000.00
320-02 90 800571895 GRADY SHAWN M 150,000.00 1 1,372.11 150,000.00
320-02 90 800572059 SCHILKE CHERYL 115,000.00 1 998.60 115,000.00
320-02 90 800574774 PARK DEBRA 79,200.00 1 687.74 79,200.00
320-02 90 800582652 SMITH BOBBY E 99,875.00 1 904.27 99,875.00
320-02 90 800584591 BUTA PHILIP J 216,000.00 1 1,816.25 216,000.00
320-02 90 800585895 LOCRICCHIO GIUSEPPE 92,225.00 1 817.87 92,225.00
320-02 90 800586125 WILLIAMS DONNA M 183,750.00 1 1,545.07 183,750.00
320-02 90 800586166 CAPPIELLO ROSE MARIE 96,000.00 1 833.61 96,000.00
320-02 90 800586455 STEVENS RANDOLPH 216,750.00 1 1,942.30 216,750.00
320-02 90 800586638 CLARK DAVID L 113,050.00 1 981.67 113,050.00
320-02 90 800589533 STONE HOWARD 90,000.00 1 740.41 90,000.00
320-02 90 800595316 LIAN JACQUELINE 210,000.00 1 1,881.82 210,000.00
320-02 90 800599516 REASONS ROBERT N 99,875.00 1 904.27 99,875.00
320-02 90 800608242 MARTIN CAROLYNNE M 85,500.00 1 726.74 85,500.00
320-02 90 800608556 CAMPBELL BILLY J 183,600.00 1 1,662.33 183,600.00
320-02 90 800619413 GOMEZ MARINA 75,600.00 1 649.53 75,564.72
320-02 90 800641615 HAYMAN THOMAS JR 22,950.00 1 205.66 22,950.00
320-02 90 800649188 PELHAM JAMES A 112,450.00 1 1,200.13 112,450.00
320-02 90 800358665 FAUBLE MICHAEL A 120,700.00 1 1,048.10 120,534.12
320-02 90 800407462 HOWELL BARRY E SR 62,475.00 1 497.08 62,369.14
320-02 90 800488157 VANCO ERIC 44,000.00 1 456.83 43,987.75
320-02 SB596 161570270 RASHO BEHNAM 122,400.00 1 1,306.33 122,272.70
320-02 SB596 161581327 KELLEY PATRICK M 88,000.00 1 913.66 87,925.78
320-02 SB596 161582127 STAMPER ALFRED L 96,000.00 1 860.26 96,000.00
320-02 SB596 161585351 CURRIER ANTHONY C 160,000.00 1 1,757.42 159,924.76
320-02 SB596 161585468 HATFIELD THOMAS E 59,200.00 1 614.64 59,166.89
320-02 SB596 161586300 GILLENWATERS PIERRE 32,800.00 1 293.92 32,772.38
320-02 SB596 161589767 CARRANZA FRANCISCO J 153,000.00 1 1,399.56 152,815.97
320-02 SB596 161594791 STOTSKY MICHAEL F 89,600.00 1 991.15 89,558.81
320-02 SB596 161596135 BRITTON TIMOTHY J 69,700.00 1 637.57 69,644.37
320-02 SB596 161596184 ROBERTS CHARLES A 140,800.00 1 1,248.65 140,678.19
320-02 SB596 161598248 PIERCE CHARLES A 27,000.00 1 236.94 26,976.02
320-02 SB596 161598891 ASHTON ROBERT A 80,000.00 1 672.68 79,960.65
320-02 SB596 161600861 VANHOOSE RICHARD 51,000.00 1 554.21 50,975.20
320-02 SB596 161601414 DRAKE ERNEST 57,800.00 1 498.72 57,773.31
320-02 SB596 161601786 MAJEK EZEKIEL 46,700.00 1 418.48 46,680.42
320-02 SB596 161604525 RODISH JOHN J 106,250.00 1 922.62 106,103.99
320-02 SB596 161604996 BIGGS PATRICK L 29,700.00 1 268.91 29,675.64
320-02 SB596 161605415 WILLIAMS THOMAS L 90,700.00 1 821.20 90,663.97
320-02 SB596 161606231 JOHNSTONE KIMBERLY J 108,000.00 1 987.92 107,913.78
320-02 SB596 161606751 TAYLOR CHRISTINA L 91,000.00 1 773.49 90,912.47
320-02 SB596 161607585 ANDERSON JOAN 127,500.00 1 1,072.09 127,500.00
320-02 SB596 161607692 SCOTT MICHAEL K 157,000.00 1 1,421.49 157,000.00
320-02 SB596 161607734 FITZGERALD GERALD C 173,300.00 1 1,883.24 173,215.70
320-02 SB596 161608252 KRAMER DIANNE 211,500.00 1 1,778.41 211,185.42
320-02 SB596 161608260 CHAN KWOK WING 93,600.00 1 847.46 93,561.79
320-02 SB596 161611082 WHITE CHARLES E 59,500.00 1 527.66 59,500.00
320-02 SB596 161611124 OBUCH MINNIE F 108,000.00 1 859.30 107,939.45
320-02 SB596 161612429 MUSACCHIA JAMES P 108,400.00 1 931.32 108,400.00
320-02 SB596 161614490 THORPE DONNA M 144,000.00 1 1,592.93 144,000.00
320-02 SB596 161614813 KRUEGER ROBERT J 100,000.00 1 859.15 99,953.35
320-02 SB596 161615737 CAVERLY KENNETH L 62,000.00 1 515.68 61,968.70
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800535411 80.0 02/01/00 13.125 110,000.00 Y
800537813 70.9 06/01/98 9.750 110,000.00 Y
800541203 62.5 02/01/00 10.125 120,000.00 Y
800543134 80.0 02/01/00 9.000 66,000.00 Y
800544389 90.0 02/01/00 10.500 95,000.00 Y
800546186 90.0 02/01/00 9.875 133,000.00 Y
800555625 85.0 08/01/98 9.250 208,000.00 Y
800558801 79.4 03/01/00 9.500 255,000.00 Y
800559775 65.0 02/01/00 13.250 45,000.00 Y
800565285 85.0 03/01/00 10.250 79,000.00 Y
800566135 85.0 03/01/00 9.875 240,000.00 Y
800571895 71.0 09/01/98 10.500 211,000.00 Y
800572059 76.6 03/01/00 9.875 150,000.00 Y
800574774 80.0 02/01/00 9.875 99,000.00 Y
800582652 85.0 02/01/00 10.375 117,500.00 Y
800584591 80.0 02/01/00 9.500 270,000.00 Y
800585895 85.0 03/01/00 10.125 108,500.00 Y
800586125 75.0 02/01/00 9.500 245,000.00 Y
800586166 80.0 03/01/00 9.875 120,000.00 Y
800586455 85.0 02/01/00 10.250 255,000.00 Y
800586638 85.0 03/01/00 9.875 133,000.00 Y
800589533 90.0 03/01/00 9.250 100,000.00 Y
800595316 75.0 02/01/00 10.250 280,000.00 Y
800599516 85.0 03/01/00 10.375 117,500.00 Y
800608242 90.0 03/01/00 9.625 95,000.00 Y
800608556 85.0 03/01/00 10.375 216,000.00 Y
800619413 90.0 02/01/00 9.750 84,000.00 Y
800641615 85.0 03/01/00 10.250 27,000.00 Y
800649188 65.0 03/01/00 12.500 173,000.00 Y
800358665 85.0 05/01/98 9.875 142,000.00 Y
800407462 85.0 11/01/99 8.875 73,500.00 Y
800488157 80.0 01/01/00 12.125 55,000.00 Y
161570270 80.0 10/01/99 12.500 153,000.00 Y
161581327 80.0 12/01/99 12.125 110,000.00 Y
161582127 84.9 03/01/00 10.250 113,000.00 Y
161585351 80.0 12/01/99 12.900 200,000.00 Y
161585468 80.0 12/01/99 12.125 74,000.00 Y
161586300 80.0 12/01/99 10.250 41,000.00 Y
161589767 85.0 06/01/98 10.500 180,000.00 Y
161594791 80.0 12/01/99 13.000 112,000.00 Y
161596135 85.0 01/01/00 10.500 82,000.00 Y
161596184 88.0 01/01/00 10.125 160,000.00 Y
161598248 42.5 01/01/00 10.000 63,500.00 Y
161598891 58.3 01/01/00 9.500 137,000.00 Y
161600861 85.0 01/01/00 12.750 60,000.00 Y
161601414 85.0 02/01/00 9.800 68,000.00 Y
161601786 84.9 02/01/00 10.250 55,000.00 Y
161604525 85.0 12/01/99 9.875 125,000.00 Y
161604996 87.3 01/01/00 10.375 34,000.00 Y
161605415 74.9 01/01/00 10.375 121,000.00 N
161606231 90.0 01/01/00 10.500 120,000.00 Y
161606751 75.8 01/01/00 9.625 120,000.00 Y
161607585 85.0 02/01/00 9.500 150,000.00 Y
161607692 84.8 02/01/00 10.375 185,000.00 Y
161607734 80.9 01/01/00 12.750 214,000.00 Y
161608252 90.0 06/01/98 9.500 235,000.00 Y
161608260 80.0 01/01/00 10.375 117,000.00 Y
161611082 85.0 03/01/00 10.125 70,000.00 Y
161611124 80.0 07/01/98 8.875 135,000.00 Y
161612429 80.0 02/01/00 9.750 135,500.00 Y
161614490 80.0 02/01/00 13.000 180,000.00 Y
161614813 66.2 02/01/00 9.750 151,000.00 Y
161615737 61.3 02/01/00 9.375 101,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 8 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-02 SB596 161615745 TRIPP VICKI J 101,900.00 1 894.25 101,854.92
320-02 SB596 161615836 JOHNSON DEREK D 100,200.00 1 860.87 100,106.14
320-02 SB596 161615968 DALLO MAHIR 86,400.00 1 726.50 86,357.50
320-02 SB596 161615984 KIRKSEY MICHAEL W 59,500.00 1 533.18 59,475.05
320-02 SB596 161616248 JONES JAMES EARL 37,800.00 1 335.22 37,800.00
320-02 SB596 161616255 GILLASPY MYRON DAVID 52,000.00 1 413.74 52,000.00
320-02 SB596 161619291 ELMADARI NASSER 32,900.00 1 264.72 32,882.03
320-02 SB596 161619382 SEAY ANNIE M 78,600.00 1 682.52 78,600.00
320-02 SB596 161619408 SMITH LAURA A 75,600.00 1 684.49 75,600.00
320-02 SB596 161619507 BATES MICHAEL D 124,100.00 1 998.54 124,032.21
320-02 SB596 161619713 SCHULLO FREDERICK 44,800.00 1 409.80 44,782.20
320-02 SB596 161619747 ECKLER EDWARD R 62,000.00 1 532.68 61,971.07
320-02 SB596 161620158 SCHWARTZ MICHAEL L 42,300.00 1 359.55 42,279.73
320-02 SB596 161620588 STEWART MICHELE R 39,200.00 1 425.98 39,180.94
320-02 SB596 161620695 DELMONT DAVID J 119,600.00 1 1,016.59 119,600.00
320-02 SB596 161621230 REID SAM A 141,600.00 1 1,538.76 141,496.13
320-02 SB596 161621891 FRISCH TERRY M 137,700.00 1 1,145.32 137,630.46
320-02 SB596 161622063 MARTIN ERIK J 92,700.00 1 830.69 92,700.00
320-02 SB596 161622121 YOUNES SOHA 69,300.00 1 595.40 69,300.00
320-02 SB596 161622147 MCCOY LILLIE L 61,500.00 1 522.74 61,500.00
320-02 SB596 161622154 SLUCK PATRICK J 94,200.00 1 774.96 94,101.95
320-02 SB596 161622196 RODDA PATRICK M 30,400.00 1 269.59 30,386.91
320-02 SB596 161622204 KOCZAK DANIEL 45,600.00 1 508.89 45,600.00
320-02 SB596 161622261 BRUSSO LAWRENCE O 96,300.00 1 862.95 96,300.00
320-02 SB596 161622576 HENDERSON ROBERT L 45,500.00 1 403.50 45,500.00
320-02 SB596 161622709 FOSTER FREDERICA DORIS 31,400.00 1 281.38 31,400.00
320-02 SB596 161622741 WILSON BLANCHE JOY 24,500.00 1 201.56 24,500.00
320-02 SB596 161623400 ROACHE JANET E 60,000.00 1 543.24 60,000.00
320-02 SB596 161623913 GORDON CYRIL K 40,500.00 1 455.94 40,500.00
320-02 SB596 161624440 IRETON MICKEY J 109,800.00 1 973.73 109,800.00
320-02 SB596 161625520 DOTSON DANNY LEE 71,200.00 1 618.26 71,200.00
320-02 SB596 161625629 CONDON SCOTT D 50,000.00 1 411.34 50,000.00
320-02 SB596 161625975 O'BRIEN MICHAEL R 90,700.00 1 754.40 90,700.00
320-02 SB596 161626544 HUNTER LILLIE 33,100.00 1 284.38 33,100.00
320-02 SB596 161626619 MCCLAIN DAVID J 105,500.00 1 839.41 105,440.85
320-02 SB596 161626650 NASSER MOHAMED 21,600.00 1 238.94 21,600.00
320-02 SB596 161627229 KARESH DAVID M 72,200.00 1 653.70 72,200.00
320-02 SB596 161628326 LA BARRIE CARMEN 74,000.00 1 811.36 73,982.60
320-02 SB596 161628805 KENES JOHN M 130,500.00 1 1,061.79 130,500.00
320-02 SB596 161628813 DILLARD SEBRINA 44,800.00 1 495.58 44,800.00
320-02 SB597 161560784 BITTLE NORMAN R 66,000.00 1 736.55 65,955.49
320-02 SB597 161568209 HOFFMAN DENNIS P 128,100.00 1 1,317.65 127,988.94
320-02 SB597 161569272 WRIGHT JOANNE 68,000.00 1 673.40 67,956.33
320-02 SB597 161575477 GRIFFIN HANNAH 62,000.00 1 697.98 61,959.37
320-02 SB597 161575667 HAMILTON JOANNA MAE 52,000.00 1 626.44 51,972.86
320-02 SB597 161577101 KELVER PATRICIA A 65,000.00 1 631.32 64,933.56
320-02 SB597 161579289 MORROW TONI M 110,800.00 1 1,055.17 110,720.63
320-02 SB597 161580899 PARKER JENNIFER L 140,000.00 1 1,617.36 139,944.13
320-02 SB597 161588041 POWERS JOSEPH W JR 107,100.00 1 969.69 106,967.70
320-02 SB597 161593298 SEBOK DONALD S 49,700.00 1 427.00 49,629.86
320-02 SB597 161604574 KING ANNA L 41,600.00 1 353.60 41,600.00
320-02 SB597 161609318 PAUL STEVE E 68,800.00 1 584.79 68,800.00
320-02 SB597 161619861 BUSE DAVID R JR 50,000.00 1 438.79 50,000.00
320-02 SB597 161619945 ADLE MICHAEL C JR 19,500.00 1 167.54 19,500.00
320-02 SB597 161620182 BOWERS JOY A 127,500.00 1 1,083.74 127,438.92
320-02 SB597 161620257 RICHARDSON MATHEW G 127,500.00 1 1,014.45 127,500.00
320-02 SB597 161621131 STERLING JEFFREY E 180,000.00 1 1,432.16 180,000.00
320-02 SB597 161622212 SIVER MICHAEL E 157,200.00 1 1,250.75 157,200.00
320-02 SB597 161623871 VICKERS CURLEE R 69,300.00 1 627.45 69,300.00
320-02 SB597 161623905 MCINTOSH DIANE 38,200.00 1 324.70 38,200.00
320-02 SB597 161624911 DANIELS ROLAND 173,600.00 1 1,428.16 173,600.00
320-02 SB597 161625025 STANBACK RODNEY 67,200.00 1 583.53 67,200.00
320-02 SB597 161626601 SMITH WILLIAM R 150,000.00 1 1,330.23 149,935.40
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
161615745 84.9 01/01/00 10.000 119,900.00 Y
161615836 79.9 07/01/98 9.750 125,300.00 Y
161615968 80.0 02/01/00 9.500 108,000.00 Y
161615984 85.0 02/01/00 10.250 70,000.00 Y
161616248 90.0 02/01/00 10.125 42,000.00 Y
161616255 80.0 02/01/00 8.875 65,000.00 Y
161619291 70.0 01/01/00 9.000 47,000.00 N
161619382 84.9 02/01/00 9.875 92,500.00 Y
161619408 74.8 02/01/00 10.375 101,000.00 Y
161619507 85.0 02/01/00 9.000 146,000.00 Y
161619713 70.0 07/01/98 10.500 64,000.00 N
161619747 59.0 02/01/00 9.750 105,000.00 Y
161620158 89.8 02/01/00 9.625 47,100.00 Y
161620588 80.0 01/01/00 12.750 49,000.00 Y
161620695 89.9 02/01/00 9.625 132,900.00 Y
161621230 80.0 11/01/99 12.750 177,000.00 Y
161621891 85.0 01/01/00 9.375 162,000.00 Y
161622063 90.0 08/01/98 10.250 103,000.00 Y
161622121 88.8 02/01/00 9.750 78,000.00 Y
161622147 75.0 02/01/00 9.625 82,000.00 Y
161622154 84.8 01/01/00 9.250 111,000.00 Y
161622196 80.0 02/01/00 10.125 38,000.00 Y
161622204 80.0 02/01/00 13.125 57,000.00 Y
161622261 90.0 02/01/00 10.250 107,000.00 Y
161622576 65.0 02/01/00 10.125 70,000.00 N
161622709 84.8 02/01/00 10.250 37,000.00 Y
161622741 61.2 02/01/00 9.250 40,000.00 Y
161623400 72.2 02/01/00 10.375 83,000.00 Y
161623913 63.2 02/01/00 13.250 64,000.00 Y
161624440 81.3 02/01/00 10.125 135,000.00 Y
161625520 74.9 02/01/00 9.875 95,000.00 Y
161625629 49.0 02/01/00 9.250 102,000.00 Y
161625975 74.9 03/01/00 9.375 121,000.00 Y
161626544 84.8 02/01/00 9.750 39,000.00 Y
161626619 87.9 02/01/00 8.875 120,000.00 Y
161626650 80.0 02/01/00 13.000 27,000.00 Y
161627229 84.9 02/01/00 10.375 85,000.00 Y
161628326 77.8 02/01/00 12.875 95,000.00 Y
161628805 90.0 02/01/00 9.125 145,000.00 Y
161628813 80.0 02/01/00 13.000 56,000.00 Y
161560784 80.0 11/01/99 13.125 82,500.00 Y
161568209 49.2 11/01/99 12.000 260,000.00 Y
161569272 85.0 06/01/98 11.500 80,000.00 Y
161575477 84.9 11/01/99 13.250 73,000.00 Y
161575667 80.0 11/01/99 14.250 65,000.00 Y
161577101 39.1 11/01/99 11.250 166,000.00 Y
161579289 85.8 12/01/99 11.000 129,000.00 Y
161580899 80.0 12/01/99 13.625 175,000.00 Y
161588041 89.6 12/01/99 10.375 119,500.00 Y
161593298 84.9 12/01/99 9.750 58,500.00 Y
161604574 80.0 02/01/00 9.625 52,000.00 Y
161609318 89.9 03/01/00 9.625 76,500.00 Y
161619861 62.5 08/01/98 10.000 80,000.00 Y
161619945 65.0 03/01/00 9.750 30,000.00 N
161620182 85.0 02/01/00 9.625 150,000.00 Y
161620257 85.0 03/01/00 8.875 150,000.00 Y
161621131 80.0 02/01/00 8.875 225,000.00 N
161622212 83.1 02/01/00 8.875 189,000.00 Y
161623871 90.0 02/01/00 10.375 77,000.00 Y
161623905 84.8 02/01/00 9.625 45,000.00 Y
161624911 89.0 02/01/00 9.250 195,000.00 Y
161625025 80.0 03/01/00 9.875 84,000.00 Y
161626601 85.7 02/01/00 10.125 175,000.00 Y
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE B - GROUP 2, SUB-POOL III
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 9 3/25/98
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
320-02 SB597 161627120 COSENTINO LORRAINE 20,700.00 1 179.75 20,700.00
320-02 SB597 161627138 CONSENTINO LORRAINE 36,000.00 1 312.61 36,000.00
320-02 SB597 161628201 DILMORE BILLY HAROLD 67,500.00 1 592.37 67,500.00
320-02 SB597 161628839 MEHRJOO ISA 141,000.00 1 1,121.86 141,000.00
320-02 SB598 161593017 COLLINS RICHARD A 80,800.00 1 846.70 80,756.04
320-02 SB598 161594924 HORNSBY BRENDA 38,000.00 1 312.62 37,960.44
320-02 SB598 161596978 CAIN PAMELA 114,000.00 1 1,283.38 113,925.29
320-02 SB598 161598537 KAILER CHARLIE S 64,000.00 1 707.97 63,970.56
320-02 SB598 161598792 THERMOS JAMES 188,000.00 1 2,079.66 187,913.55
320-02 SB598 161600838 MOWERS VICTOR J 53,100.00 1 587.39 53,075.59
320-02 SB598 161602339 FOURNIER JOSEPH R 93,600.00 1 953.78 93,544.67
320-02 SB598 161605290 WICKUM RICK R 101,900.00 1 1,107.35 101,850.41
320-02 SB598 161605324 PAVICK MICHAEL W 63,200.00 1 717.69 63,173.31
320-02 SB598 161605423 SAUSMAN JOSEPH 136,000.00 1 1,571.15 135,945.73
320-02 SB598 161611462 HANNAH JAMES S 115,600.00 1 1,222.55 115,538.84
320-02 SB598 161616867 KERR RONNY W 93,500.00 1 1,016.06 93,454.52
320-02 SB598 161616909 CHAFFEE ROBERT M 84,000.00 1 706.32 83,917.03
320-02 SB598 161618046 DANKO MICHAEL J 61,600.00 1 512.36 61,537.54
320-02 SB598 161619119 REA DOROTHY A 104,000.00 1 1,191.23 103,957.30
320-02 SB598 161619721 MARTINSEN CHAD E 64,800.00 1 586.70 64,746.87
320-02 SB598 161620760 TISDALE JACK JR 69,100.00 1 632.08 69,044.85
320-02 SB598 161620786 WARNER CHRISTOPHE L 16,200.00 1 140.67 16,185.22
320-02 SB598 161621222 KOVAL KEITH A 96,500.00 1 882.72 96,422.98
320-02 SB598 161621834 MILLER LANA T 192,000.00 1 1,527.64 191,783.92
320-02 SB598 161623970 COOLEY KATRINA 54,000.00 1 488.92 53,955.72
320-02 SB598 161624648 BYRD ROBERT L 51,000.00 1 452.28 50,955.88
320-02 SB598 161625215 EDLUND MAURICE E 52,000.00 1 465.97 51,956.21
320-02 SB598 161625280 HANSON WILLIAM HENRY 73,800.00 1 661.32 73,737.85
320-02 SB598 161625363 LEHMANN WALTRAUD 85,000.00 1 730.28 84,920.37
320-02 SB598 161625934 SCOTT YVONNE M 93,900.00 1 1,038.72 93,856.83
320-02 SB598 161631502 FOWKES CHARLES C 90,100.00 1 944.15 90,050.99
-------------------------------------------------------------- -------------
169 Sale Total 15,367,400.00 15,360,479.08
531 Grand Total Sub-Pool III 50,025,943.00 49,999,948.51
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
161627120 70.1 02/01/00 9.875 29,500.00 N
161627138 69.2 02/01/00 9.875 52,000.00 N
161628201 90.0 03/01/00 10.000 75,000.00 Y
161628839 84.9 02/01/00 8.875 166,000.00 Y
161593017 80.0 01/01/00 12.250 101,000.00 Y
161594924 51.3 01/01/00 9.250 74,000.00 Y
161596978 79.7 12/01/99 13.250 143,000.00 Y
161598537 80.0 01/01/00 13.000 80,000.00 Y
161598792 80.0 01/01/00 13.000 235,000.00 Y
161600838 75.8 01/01/00 13.000 70,000.00 Y
161602339 80.0 02/01/00 11.875 117,000.00 Y
161605290 85.9 01/01/00 12.750 118,600.00 Y
161605324 80.0 02/01/00 13.375 79,000.00 Y
161605423 80.0 01/01/00 13.625 170,000.00 Y
161611462 80.0 02/01/00 12.375 144,500.00 Y
161616867 85.0 02/01/00 12.750 110,000.00 Y
161616909 80.0 01/01/00 9.500 105,000.00 Y
161618046 80.0 03/01/00 9.375 77,000.00 Y
161619119 80.0 02/01/00 13.500 130,000.00 Y
161619721 90.0 02/01/00 10.375 72,000.00 Y
161620760 84.2 03/01/00 10.500 82,000.00 Y
161620786 64.8 03/01/00 9.875 25,000.00 Y
161621222 70.4 02/01/00 10.500 137,000.00 Y
161621834 80.0 02/01/00 8.875 240,000.00 Y
161623970 90.0 02/01/00 10.375 60,000.00 Y
161624648 79.6 02/01/00 10.125 64,000.00 Y
161625215 80.0 02/01/00 10.250 65,000.00 N
161625280 90.0 02/01/00 10.250 82,000.00 Y
161625363 73.9 02/01/00 9.750 115,000.00 Y
161625934 80.9 03/01/00 13.000 116,000.00 Y
161631502 85.0 03/01/00 12.250 106,000.00 Y
----
80.6 10.541 222,000.00
--------------------------
25.9 3.383 432,000.00
</TABLE>
<PAGE>
EXHIBIT H-4
MORTGAGE LOAN SCHEDULE FOR SUB-POOL IV
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 1 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800290793 PREWITT BARBARA JEAN 2761 20TH AVENUE NORTHEAST NAPLES FL 34120
321-01 800315145 WALKER ADDIE 1644 POINT BREEZE AVENUE PHILADELPHI PA 19145
321-01 800323727 GOODMAN CHRIS 911 3RD AVENUE THATCHER AZ 85552
321-01 800336059 KNUDSEN ORVEST L 1612 MAIN STREET LISBURN PA 17055
321-01 800336299 NORTON JOHN RICHARD 79 NORTH ROLOFF WAY PAYSON AZ 85541
321-01 800367211 ALOMAR CARMEN 124 WAVERLY STREET YONKERS NY 10701
321-01 800368441 ZAMARRIPA ERASMO 1603 ROCK AVENUE YAKIMA WA 98902
321-01 800381345 SANDERS JAMES M JR 373 SEVEN STARS ROAD GETTYSBURG PA 17325
321-01 800386120 HOLT TRAVIS 405 WEST TERRACE DRIVE LONGVIEW TX 75693
321-01 800388431 PORTER DAVID L 6102 DOVECREST TRAIL LAKELAND FL 33810
321-01 800394413 GARRISON DALE L RR 4 BOX 4046 BERWICK PA 18603
321-01 800397002 FURNESS GEORGE H 564 PADDOCK CIRCLE TELFORD PA 18969
321-01 800401846 MAGARRELL JAMES N 1191 WEST 900 NORTH PROV0 UT 84604
321-01 800404931 BLANKENSOP CHARLENE R 311 STALLO STREET MONTE VISTA CO 81144
321-01 800406712 LEWIS VERNON T JR 1389 SOUTH CHAMBERS CIRCLE AURORA CO 80012
321-01 800408528 RASER SCOTT 48 GRANITE COURT MILFORD PA 18337
321-01 800412330 COHRS MARK C 525 2ND STREET PENROSE CO 81240
321-01 800415291 BIMBER DOUGLAS E 712 COBHAM PARK WARREN PA 16365
321-01 800415739 BELLES JOSEPH 901 1/2 MEADE STREET DUNMORE PA 18512
321-01 800417602 MAJOR CLYDE 51 UNION STREET PITTSTON PA 18640
321-01 800418865 STRINGER MICHAEL D RR1 BOX 282 SWISS HILL RD JEFFERSONVI NY 12478
321-01 800420663 WILCZYNSKI JOHN 10 MILLIKEN ROAD SAYREVILLE NJ 08872
321-01 800422107 LAMBERT KIM D 70 WILLIAMS ROAD MYERSTOWN PA 17067
321-01 800422735 MILLER STEPHEN B 8990 NORTH DELAWARE DRIVE BANGOR PA 18013
321-01 800424202 EVANS ERIC H 443 WEBSTER STREET BETHLEHEM PA 18015
321-01 800428633 SANASARIAN HAROUT 1110 LINCOLN COURT CAPE CORAL FL 33904
321-01 800429276 SWENSON REGINA M 132 5TH STREET BEACH HAVEN NJ 08008
321-01 800440141 FELGENTREFF PEGGY LEE 1112 WASHINGTON AVENUE RENSSELAER NY 12144
321-01 800444853 CUNNINGHAM SHARON ANNE 947 CLOVER LANE LAWRENCEVIL GA 30044
321-01 800449258 WALTHIUS ROSE ANNA 405 BARRINGTON CT PALMYRA PA 17078
321-01 800453672 ROSSI DANNY 42 STAG LANE GREENWICH CT 06831
321-01 800458945 GOLDSBOROUGH CLIFFORD E 110 EAST CEDARWOOD DR MIDDLETOWN DE 19709
321-01 800460057 JOSEPH AMY 8077 NORTHWEST 71ST COURT TAMARAC FL 33321
321-01 800461808 MALJEVAC JOEANNE 7742 JEFFERSON STREET HUMMELSTOWN PA 17036
321-01 800465551 ELLIS GREGORY C 320 HOPEWELL ROAD CLAYTON DE 19938
321-01 800467078 MAES CORRINE V 32 MOUNTAIN LAUREL LOS LUNAS NM 87031
321-01 800473761 CHUMACEIRO ROLANDO 1506 PONDCREST LANE WHITE PLAIN NY 10607
321-01 800474728 MYERS MICHAEL 7725 RIVER ROAD BALDWINSVIL NY 13027
321-01 800476988 CORRIA WILLIAM F 15 SMITH STREET WARWICK RI 02888
321-01 800482424 CURRAN JAMES 507 FOXWOOD LANE PAOLI PA 19301
321-01 800495178 SORIANO GABRIEL 32-34 FELIX STREET PROVIDENCE RI 02908
321-01 800497133 LIND ALESSANDRA 220 1/2 EAST ELM STREET WALSENBURG CO 81089
321-01 800507881 BOUILLERCE FREDERICK 167 CUTLERS FARM ROAD MONROE CT 06468
321-01 800531907 ALESSI JOHN A 207 MAYWOOD ROAD YORK PA 17402
321-01 800532137 CLARK HAROLD C 610 E 2ND PUEBLO CO 81001
321-01 800532186 RASBERRY MINNIE 185-25 27 MERRICK BLVD SPRINGFIELD NY 11413
321-01 800534307 ALATSIS KONSTANTIN N 2608 WINCHESTER STREET N ARLINGTON VA 22213
321-01 800538142 MUIR MARGARET C 143 BEACH AVENUE MADISON CT 06443
321-01 800546921 SOUTHERLAND BRIAN R RT 6 BOX 222G GAINESVILLE TX 76240
321-01 800548257 BROWN SYNEDA 4650 4TH AVENUE SOUTH ST PETERSBU FL 33711
321-01 800549602 BARNIER JANET HAFEN 125 SOUTH 100 EAST CEDAR CITY UT 84720
321-01 800554743 BARBER PETER J JR 15 TALL TIMBERS DRIVE HOPE VALLEY RI 02832
321-01 800556482 CONWAY DONALD L 307 S BROADWAY BARNESVILLE OH 43713
321-01 800556714 SCOTT SHAWN 6751 NORTH 13TH ST UNIT 2L PHILADELPHI PA 19126
321-01 800569733 ROMANI TASIA 3839 FREMONT COUNTY RD 67 FREMONT COU CO 81212
321-01 800570848 ROBINSON MARILYN D 7531 SOUTH RHODES CHICAGO IL 60619
321-01 800571051 SALVATI JERI M 103 EISENHOWER DRIVE HAWLEY PA 18428
321-01 800573461 BROWN HILTON JR 2516 SOUTHWEST 15TH STREET FT LAUDERDA FL 33312
321-01 800584179 MONTERO DARIO M 3707 NORTH BOULEVARD TAMPA FL 33603
321-01 800588808 WILSON NORWELL JR 1116 STAGECOACH ROAD WARRENTON NC 27589
321-01 800591034 RESSLER KENNEDY J 14591 NORTHWEST 66TH AVE CHIEFLAND FL 32626
321-01 800239675 COUNTRYMAN ROBERT J 13 SOUTH WILBUR AVENUE KINGSTON NY 12401
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800290793 112,500.00 112,394.60 01/01/98 12/01/27 9.750 8.750 15.750 5.750
800315145 19,600.00 19,569.28 12/01/97 11/01/27 10.625 9.625 16.625 5.750
800323727 72,000.00 71,877.68 11/01/97 10/01/27 10.250 10.250 16.250 6.750
800336059 87,000.00 86,752.51 10/01/97 09/01/27 8.875 8.875 14.875 5.250
800336299 80,800.00 80,548.32 12/01/97 11/01/17 11.875 10.875 17.875 7.300
800367211 148,500.00 148,273.35 12/01/97 11/01/27 10.750 9.750 16.750 6.100
800368441 72,250.00 72,077.54 11/01/97 10/01/27 8.625 7.625 14.625 4.250
800381345 35,000.00 34,804.60 01/01/98 12/01/12 12.875 11.875 18.875 8.500
800386120 81,450.00 81,354.66 12/01/97 11/01/27 10.625 9.625 16.625 6.750
800388431 54,400.00 54,186.75 12/01/97 11/01/17 10.125 9.125 16.125 5.500
800394413 35,615.00 35,584.13 01/01/98 12/01/27 12.000 11.000 18.000 7.250
800397002 128,600.00 128,500.08 01/01/98 12/01/27 10.625 9.625 16.625 6.800
800401846 112,500.00 112,368.29 12/01/97 11/01/27 10.625 9.625 16.625 6.800
800404931 42,000.00 41,962.56 12/01/97 11/01/27 11.875 10.875 17.875 7.800
800406712 123,250.00 123,127.40 12/01/97 11/01/27 11.375 10.375 17.375 7.250
800408528 29,700.00 29,668.92 12/01/97 11/01/27 11.125 10.125 17.125 7.300
800412330 113,050.00 112,964.50 01/01/98 12/01/27 10.750 9.750 16.750 6.750
800415291 68,000.00 67,947.15 01/01/98 12/01/27 10.625 9.625 16.625 5.500
800415739 74,400.00 74,337.87 12/01/97 11/01/27 12.125 11.125 18.125 7.650
800417602 27,000.00 26,981.69 01/01/98 12/01/27 11.250 10.250 17.250 6.500
800418865 202,500.00 202,262.93 01/01/98 12/01/27 10.625 9.625 16.625 6.200
800420663 98,600.00 98,067.45 06/01/97 05/01/27 11.500 10.500 17.500 7.500
800422107 67,070.00 66,964.85 12/01/97 11/01/27 10.625 9.625 16.625 6.750
800422735 101,200.00 101,127.51 01/01/98 12/01/27 11.000 11.000 17.000 8.000
800424202 50,800.00 50,720.36 12/01/97 11/01/27 10.625 9.625 16.625 6.550
800428633 85,000.00 84,905.71 12/01/97 11/01/27 10.875 9.875 16.875 7.375
800429276 140,000.00 139,906.06 03/01/98 02/01/28 8.000 8.000 14.000 5.500
800440141 69,000.00 68,979.14 02/01/98 01/01/28 11.750 10.750 17.750 6.950
800444853 79,900.00 79,847.27 01/01/98 12/01/27 11.375 10.375 17.375 7.300
800449258 62,340.00 62,302.23 02/01/98 01/01/28 8.500 7.500 14.500 4.250
800453672 975,000.00 974,156.54 01/01/98 12/01/27 10.125 10.125 16.125 6.900
800458945 147,600.00 147,465.34 01/01/98 12/01/27 9.875 8.875 15.875 6.250
800460057 76,000.00 76,000.00 03/01/98 02/01/28 12.125 11.125 18.125 8.000
800461808 70,125.00 70,071.97 01/01/98 12/01/27 10.750 9.750 16.750 6.250
800465551 105,000.00 105,000.00 04/01/98 03/01/28 7.875 6.875 13.875 5.000
800467078 36,750.00 36,750.00 03/01/98 02/01/28 12.250 11.250 18.250 7.750
800473761 232,550.00 232,483.46 02/01/98 01/01/28 12.000 11.000 18.000 7.900
800474728 64,000.00 63,978.98 02/01/98 01/01/28 11.375 10.375 17.375 7.000
800476988 89,250.00 89,250.00 03/01/98 02/01/28 10.750 9.750 16.750 6.250
800482424 130,500.00 130,440.72 02/01/98 01/01/28 9.875 8.875 15.875 5.000
800495178 64,000.00 64,000.00 03/01/98 02/01/28 8.375 7.375 14.375 5.000
800497133 21,375.00 21,363.36 02/01/98 01/01/28 12.250 11.250 18.250 7.750
800507881 280,500.00 280,410.35 02/01/98 01/01/28 11.500 10.500 17.500 7.300
800531907 108,500.00 108,500.00 03/01/98 02/01/28 11.875 10.875 17.875 8.000
800532137 40,000.00 40,000.00 03/01/98 02/01/28 12.125 11.125 18.125 7.750
800532186 144,000.00 144,000.00 03/01/98 02/01/28 9.750 8.750 15.750 5.500
800534307 139,200.00 139,159.05 02/01/98 01/01/28 11.875 10.875 17.875 7.500
800538142 240,000.00 240,000.00 03/01/98 02/01/28 11.625 10.625 17.625 7.500
800546921 22,400.00 22,400.00 04/01/98 03/01/28 9.875 8.875 15.875 6.500
800548257 50,400.00 50,400.00 03/01/98 02/01/28 11.875 10.875 17.875 7.500
800549602 65,325.00 65,325.00 04/01/98 03/01/28 10.875 9.875 16.875 7.000
800554743 53,720.00 53,720.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800556482 36,000.00 36,000.00 04/01/98 03/01/28 10.625 9.625 16.625 6.750
800556714 36,750.00 36,750.00 03/01/98 02/01/28 10.375 9.375 16.375 6.250
800569733 134,000.00 134,000.00 04/01/98 03/01/28 8.125 7.125 14.125 5.250
800570848 45,500.00 45,500.00 04/01/98 03/01/28 11.625 10.625 17.625 7.250
800571051 90,000.00 90,000.00 04/01/98 03/01/28 8.125 7.125 14.125 5.500
800573461 96,000.00 96,000.00 03/01/98 02/01/28 11.375 10.375 17.375 7.750
800584179 61,200.00 61,200.00 04/01/98 03/01/28 8.000 7.000 14.000 5.000
800588808 71,500.00 71,500.00 04/01/98 03/01/18 11.000 10.000 17.000 7.000
800591034 34,500.00 34,500.00 04/01/98 03/01/18 10.125 9.125 16.125 6.500
800239675 55,200.00 55,108.04 09/01/97 08/01/27 12.250 11.250 18.250 7.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 2 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800331225 WARREN JAMES D 2916 E SURREY AVENUE PHOENIX AZ 85032
321-01 800344871 SCHAFFER GLORIA 5992 OSPREY ROAD VENICE FL 34293
321-01 800349367 FUSARO GEORGE SR 42 MADISON AVENUE BALA CYNWYD PA 19004
321-01 800354821 CHANDLER RORI F 3760 SOUTH 2000 EAST SLT LK CITY UT 84106
321-01 800409666 CASTELLANI JOSEPH M 228 ELM STREET DICKSON CTY PA 18519
321-01 800414088 PENNINGTON JOHN C 725 PINE STREET MILTON PA 17847
321-01 800420713 MARTINEZ GLADYS 764 PROSPECT AVENUE FORT MYERS FL 33905
321-01 800425845 STRITTMATTER SCOTT 721 ERLEN ROAD NORRISTOWN PA 19401
321-01 800428013 CARNEY DAVID E 7341 E CALLE LOS ARBOLES TUCSON AZ 85716
321-01 800429086 ANDERSON SARA B 6314 MUD MILL ROAD CICERO NY 13029
321-01 800444895 HASS JAMES C 1737 EAST MAPLEWOOD WAY ST GEORGE UT 84790
321-01 800446031 MONGEUR VAN A 1107 TREASURE ROAD PEARCE AZ 85625
321-01 800451288 PETERS LAURA 1585 EAST 2525 NORTH NORTH OGDEN UT 84414
321-01 800457566 RODRIGUEZ DOMINGO A 21-23 SORRENTO STREET PROVIDENCE RI 02907
321-01 800457798 FINCH BRENDA JOYCE 204 5TH VERONA STREET NOKOMIS FL 34275
321-01 800465262 BARKER MARILYN L 1161 NORTH WARMAN AVENUE INDIANAPOLI IN 46222
321-01 800466039 ROBERTSON ANTONIO 2016 WEST FOURTH STREET CHESTER PA 19013
321-01 800467656 GENTRY JOANNE L 405 S JACKSON STREET WARDEN WA 98857
321-01 800472375 OSHIN-MARTIN MORONKE 46 GARRETSON ROAD WHITE PLAIN NY 10604
321-01 800473878 WEST JOSEPH KELLY 10736 KIMBALL STREET PARKER CO 80134
321-01 800474603 SMITH OBIE 2512 FILLMORE STREET WICHITA FAL TX 67309
321-01 800476905 MCARDLE DAVID B 9 FROZEN RIDGE ROAD NEWBURGH NY 12550
321-01 800477218 JOHNSON DANIEL EDWIN 9011 NE 115TH AVE VANCOUVER WA 98662
321-01 800478935 KERMIZIS MICHAEL J 2540 BEAR HOLLOW DRIVE PARK CITY UT 84098
321-01 800479719 SEBELE LETANG 2401 EAST WESLEYAN DRIVE TEMPE AZ 85282
321-01 800480576 PINNOCK JOSLYN PAUL 462 EAST 29TH STREET BROOKLYN NY 11210
321-01 800480642 WATKINS JACKIE I 23-25 POND HILL ROAD MOCANAQUA PA 18655
321-01 800481327 FINCH SCOTT A 929 NORTH 28TH PLACE RENTON WA 98056
321-01 800482036 BAYSINGER LUKE A 2035 OVERLAND DRIVE BRIGHTON CO 80601
321-01 800483265 GONZALEZ RENE 1581 BRICKELL AVENUE #2208 MIAMI FL 33129
321-01 800483422 LATONOA LESIELI 6988 WEST COPPERHILL DRIVE W VALLEY CI UT 84128
321-01 800486136 BROWN ANDREW W 2083 EAST LAMBORNE AVENUE SALT LK CTY UT 84109
321-01 800487233 BRADER ROBERT 10249 EAST CELTIC DRIVE SCOTTSDALE AZ 85260
321-01 800487316 FLATT GERALD E 16426 NORTH 18TH STREET PHOENIX AZ 85022
321-01 800487381 BARRIOS MARIA DEL CARMEN 1213 EAST EL CAMINO DRIVE PHOENIX AZ 85020
321-01 800487795 ESPOSITO DIANA 1132 HUNTER AVENUE VALLEY STRE NY 11580
321-01 800490856 HEREDIA JOSE L 4044 EAST SUNLAND AVENUE PHOENIX AZ 85040
321-01 800492373 SANCHEZ CARLOS JR 89 SACKMAN STREET BROOKLYN NY 11233
321-01 800494452 SARRAN GHANSHAM 17 FLOYD AVENUE BLOOMFIELD NJ 07009
321-01 800494593 SERING ANTONIO 43 AUDUBON AVENUE JERSEY CITY NJ 07305
321-01 800498412 MURRAY FRANKIE E 7468 FORTMAN AVENUE FOUNTAIN CO 80817
321-01 800498800 LIVORIO WILLIAM F 100 WISE HILL RD PITTSBURGH PA 15238
321-01 800499501 DOUGHERTY TIMOTHY D 1492 SOUTH 3000 WEST SYRACUSE UT 84075
321-01 800500407 CERDA LEONARDO M 16107 EAST LINVALE AVENUE AURORA CO 80013
321-01 800500928 REYNOLDS KENNETH 549 HEGEMAN AVENUE BROOKLYN NY 11207
321-01 800504672 MANWARREN CLARK W 104 SUN SPIRIT SANTA TERES NM 88008
321-01 800504789 RODRIQUEZ MAYRA 2627 HALPERIN AVENUE BRONX NY 10461
321-01 800509143 DYER MICHELLE 7772 NORTH AMETHYST DRIVE ST GEORGE UT 84770
321-01 800511784 MEJIA DORA E 32-34 PONAGANSETT AVENUE PROVIDENCE RI 02909
321-01 800512873 GREGA SUSAN M 3 ARBOR HILL DRIVE PLEASANT VA NY 12529
321-01 800513798 PRIOLO ANTHONY 283 BALDWIN STREET GLEN RIDGE NJ 07028
321-01 800514366 JAMIL SYED 91-15 48TH AVENUE ELMHURST NY 11373
321-01 800514952 PEIFER DENNIS DAVID 306-308 WASHINGTON STREET FREELAND PA 18224
321-01 800515926 PIERATT STEVEN J 2 COLLEGE STREET CLINTON CT 06413
321-01 800516718 KOVACEV GEORGE 87-89 BENNETT COURT HAZLETON PA 18201
321-01 800516965 DAY DENNIS J 4975 WASCHKE ROAD BELLINGHAM WA 98226
321-01 800517369 BRUNO ANN 2545 PARK COUNTY ROAD #6 ALMA CO 80420
321-01 800517583 TULISIAK DANIEL J 125 SUNRISE DRIVE PITTSBURGH PA 15236
321-01 800518110 TRILL PHILIP L 2055 DAHLIA STREET DENVER CO 80207
321-01 800518284 SANDERS JACQUE S 6647 WEST 16TH STREET INDIANAPOLI IN 46214
321-01 800519712 DURAN TIMOTHY E 4 BORMAN COURT PUEBLO CO 81001
321-01 800520645 LINARIS NIKOLAS 1674 BRIDGE STREET N MERRICK NY 11566
321-01 800522161 COOPER HARRY 206 BELMONT AVENUE W BABYLON NY 11704
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800331225 96,000.00 95,733.84 10/01/97 09/01/27 9.000 8.000 15.000 4.800
800344871 72,250.00 72,139.73 11/01/97 10/01/27 10.750 9.750 16.750 5.500
800349367 133,025.00 132,903.63 01/01/98 12/01/27 9.875 9.875 15.875 6.500
800354821 112,500.00 112,331.20 11/01/97 10/01/27 11.875 10.875 17.875 7.050
800409666 65,600.00 65,574.90 02/01/98 01/01/28 10.625 9.625 16.625 6.550
800414088 75,600.00 75,572.61 02/01/98 01/01/28 10.875 9.875 16.875 7.000
800420713 43,000.00 42,941.73 12/01/97 11/01/27 11.250 10.250 17.250 7.500
800425845 61,600.00 61,562.55 01/01/98 12/01/27 11.750 10.750 17.750 7.250
800428013 144,000.00 143,824.90 01/01/98 12/01/27 8.500 8.500 14.500 5.500
800429086 48,800.00 48,783.96 02/01/98 01/01/28 11.375 11.375 17.375 8.350
800444895 98,100.00 97,985.15 12/01/97 11/01/27 10.625 9.625 16.625 7.300
800446031 44,000.00 43,983.88 02/01/98 01/01/28 10.875 10.875 16.875 7.900
800451288 237,600.00 237,505.58 02/01/98 01/01/28 10.500 10.500 16.500 7.400
800457566 99,000.00 99,000.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800457798 42,750.00 42,724.72 12/14/97 11/14/27 12.250 11.250 18.250 7.750
800465262 37,500.00 37,488.66 02/01/98 01/01/28 11.750 10.750 17.750 7.650
800466039 48,000.00 47,986.64 03/01/98 02/01/28 12.125 11.125 18.125 7.500
800467656 30,000.00 29,992.53 02/01/98 01/01/28 12.625 11.625 18.625 8.250
800472375 259,200.00 259,083.00 02/01/98 01/01/28 9.875 8.875 15.875 6.250
800473878 142,200.00 142,066.78 01/01/98 12/01/27 9.750 8.750 15.750 5.850
800474603 21,000.00 20,983.69 01/01/98 12/01/27 10.625 9.625 16.625 7.300
800476905 117,900.00 117,900.00 03/01/98 02/01/28 10.875 9.875 16.875 6.950
800477218 119,000.00 118,958.71 02/01/98 01/01/28 11.125 10.125 17.125 7.800
800478935 900,000.00 899,178.86 01/01/98 12/01/27 9.875 8.875 15.875 6.550
800479719 101,600.00 101,562.77 02/01/98 01/01/28 10.875 9.875 16.875 7.500
800480576 195,500.00 195,500.00 03/01/98 02/01/28 10.750 9.750 16.750 7.300
800480642 57,375.00 57,357.16 03/01/98 02/01/28 11.625 10.625 17.625 7.800
800481327 264,000.00 263,852.00 02/01/98 01/01/28 8.875 7.875 14.875 5.500
800482036 74,200.00 74,171.30 02/01/98 01/01/28 10.625 9.625 16.625 6.800
800483265 99,200.00 99,200.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
800483422 88,400.00 88,400.00 03/01/98 02/01/28 10.750 9.750 16.750 7.800
800486136 123,200.00 123,158.41 02/01/98 01/01/28 11.250 10.250 17.250 7.500
800487233 164,700.00 164,382.74 01/01/98 12/01/27 8.250 8.250 14.250 5.800
800487316 63,750.00 63,700.44 01/01/98 12/01/27 10.625 9.625 16.625 7.050
800487381 59,000.00 58,954.15 01/01/98 12/01/27 10.625 9.625 16.625 7.050
800487795 220,000.00 219,948.26 02/01/98 01/01/28 12.875 11.875 18.875 8.900
800490856 67,150.00 67,125.39 02/01/98 01/01/28 10.875 9.875 16.875 6.600
800492373 130,500.00 130,390.09 01/01/98 12/01/27 10.250 10.250 16.250 7.300
800494452 140,000.00 140,000.00 03/01/98 02/01/28 9.500 8.500 15.500 7.100
800494593 106,250.00 106,250.00 03/01/98 02/01/28 12.250 11.250 18.250 8.400
800498412 70,000.00 70,000.00 03/01/98 02/01/28 10.875 9.875 16.875 6.500
800498800 500,000.00 499,611.49 03/01/98 02/01/28 10.625 9.625 16.625 6.750
800499501 167,875.00 167,815.14 02/01/98 01/01/28 11.000 11.000 17.000 7.800
800500407 92,720.00 92,647.96 02/01/98 01/01/28 10.625 9.625 16.625 6.900
800500928 128,800.00 128,800.00 03/01/98 02/01/28 9.875 8.875 15.875 6.800
800504672 148,800.00 148,748.37 02/01/98 01/01/28 11.125 10.125 17.125 7.250
800504789 234,000.00 233,914.27 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800509143 148,750.00 148,709.74 02/01/98 01/01/28 12.250 11.250 18.250 8.375
800511784 68,000.00 68,000.00 03/01/98 02/01/28 11.500 10.500 17.500 7.500
800512873 134,300.00 134,248.05 03/01/98 02/01/28 10.625 9.625 16.625 6.750
800513798 184,875.00 184,875.00 03/01/98 02/01/28 11.250 10.250 17.250 6.950
800514366 119,000.00 119,000.00 04/01/98 03/01/28 7.875 6.875 13.875 4.750
800514952 25,500.00 25,490.40 02/01/98 01/01/28 10.750 9.750 16.750 6.250
800515926 155,700.00 155,639.77 03/01/98 02/01/28 10.625 10.625 16.625 7.650
800516718 39,950.00 39,936.30 02/01/98 01/01/28 11.125 10.125 17.125 7.800
800516965 120,000.00 120,000.00 03/01/98 02/01/28 8.500 7.500 14.500 5.750
800517369 78,200.00 78,142.44 03/01/98 02/01/28 10.875 9.875 16.875 7.000
800517583 89,898.00 89,898.00 04/01/98 03/01/28 12.500 11.500 18.500 8.000
800518110 133,000.00 132,948.55 03/01/98 02/01/28 10.625 9.625 16.625 6.500
800518284 70,550.00 70,496.64 02/01/98 01/01/28 10.750 9.750 16.750 7.000
800519712 122,400.00 122,400.00 03/01/98 02/01/28 8.125 9.125 16.125 6.250
800520645 132,000.00 131,879.06 01/01/98 12/01/27 11.750 11.750 17.750 8.550
800522161 84,500.00 84,500.00 04/01/98 03/01/28 11.500 10.500 17.500 7.900
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 3 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800522955 KAMEL NELLY NAGUIB 44 WALKER AVENUE CLOSTER NJ 07624
321-01 800523490 WALKER SONYA 3062 OAK VISTA WAY LAWRENCEVIL GA 30044
321-01 800524613 WELLS NICK 1604 NORTH CHURCH STREET LAYTON UT 84040
321-01 800524837 MARSH JOHN C 6309 N IONIA VERMONTVILL MI 49096
321-01 800525248 MIRAFIORE ANTONELLA 454 MOOSE HILL ROAD MONROE CT 06468
321-01 800525297 WATSON LYDIA R 35 NETHERWOOD AVENUE PLAINFIELD NJ 07062
321-01 800525438 ROGERS LESLIE K 16201 NORTH 67TH STREET PHOENIX AZ 85254
321-01 800526220 MARTINEZ ELIZABETH 2117 WHITE STREET N LAS VEGAS NV 89030
321-01 800526501 PARDO RICARDO M 9242 HOOD ROAD MANASSAS VA 22110
321-01 800528606 ITTERLY ALLAN 11 WOOD VIEW ROAD KUNKLETOWN PA 18058
321-01 800529398 TORRANS JAMES ARDEN 3210 DUNDEE ROAD LONGVIEW TX 75604
321-01 800530933 ROSE GILBERT LEE 1775 CRYSTAL STREAM AVENUE HENDERSON NV 89012
321-01 800532079 CRUZ JUAN SR 93 VERMONT STREET BROOKLYN NY 11207
321-01 800532632 KELLEY LARRY WAYNE 11803 CANOE FRISCO TX 75035
321-01 800532897 COEUR-BARRON BRENT H 11204 WYANDOT STREET WESTMINSTER CO 80234
321-01 800535080 ROCKWELL GARY J SR 10150 SHORE PINE ROAD TRUCKEE CA 96161
321-01 800535502 RANDAZZO JOSEPH 9719 MOREHEAD LANE PORT RICHEY FL 34668
321-01 800535569 ROBINSON DEBORAH H 3505 BETHANY TRACE GREENSBORO NC 27406
321-01 800535635 CROWELL NAPOLEON L III 1585 BILLY DRIVE WINSTON SAL NC 27105
321-01 800537649 KRIVICKAS SARA 8140 SOUTH OAK PARK AVENUE BURBANK IL 60459
321-01 800537839 PACCHINI STELVIO 15908 MUIRFIELD DRIVE ODESSA FL 33556
321-01 800538134 JOHNS RICHARD 1550 BLAKCOMB COURT EVERGREEN CO 80439
321-01 800538266 ADAMS SHERRY J 3613 WEST PIKES PEAK AVE CO SPRINGS CO 80904
321-01 800539405 CHEADLE B IRSA 2650 EAST 6200 SOUTH SLT LK CITY UT 84121
321-01 800539447 OWNBY DENNIS ROY 5501 BRADLEY COURT ARLINGTON TX 76017
321-01 800539520 BOYLE LAWRENCE J 6812 SPRING BRANCH DRIVE KRUM TX 76249
321-01 800539850 YAN BING QIN 333 MELROSE DRIVE APT 20D RICHARDSON TX 75080
321-01 800539975 CHEN WEI 7621 MCCALLUM BLVD 103 DALLAS TX 75251
321-01 800541161 LOGUE BERNARD J 31 MARLBOROUGH AVENUE WILKES BARR PA 18702
321-01 800541849 SALERNO STEPHEN A 141 LOG YARD LANE TOWNSEND DE 19734
321-01 800542458 WHEELER SABRYNA SHELTON 1152 EAST 79TH STREET CLEVELAND OH 44103
321-01 800544298 RICH MARLOW E 5501 EAST CROCUS DRIVE SCOTTSDALE AZ 85254
321-01 800544322 RINGLER DAVID V 17468 AVENIDA PERIGRINA RANCHO SANT CA 92067
321-01 800544876 INGRAM WILLIAM P 272 TROON DRIVE DOVER DE 19901
321-01 800545287 ROGOWSKY MARTIN 370 RAMSEY ROAD LOWER MAKEF PA 19067
321-01 800545410 MANNING MYRTLE E 1676 HWY 58 SOUTH KINSTON NC 28502
321-01 800545493 PATRICK MICHAEL 5 KELLY COURT GREENSBORO NC 27401
321-01 800546350 MASON JAMES R 7823 SOUTH FRANKLIN STREET LITTLETON CO 80122
321-01 800547192 IVEY PAM 5275 9TH STREET SOUTH ST PETERSBU FL 33705
321-01 800547234 NELSON BARRY L 21-23 PLEASANTVIEW AVENUE BROCKTON MA 02401
321-01 800549560 HESS FREDERICK D 30530 ORMEGA WAY OAK CREEK CO 80467
321-01 800551863 PINEDO ALICE M 2646 WEST 24TH AVENUE DENVER CO 80211
321-01 800552515 PATTERSON SHANE E 3028 TUNNEL HILL ROAD LEBANON PA 17046
321-01 800552523 VIENEY TERRY W SR 70-72 BUTLER STREET WILKES BARR PA 18702
321-01 800552572 BRAXTON SHELTON 1530 CLIFTON AVENUE SHARON HILL PA 19079
321-01 800553513 CASTILLO MANUEL L 2155 CHANTALA AVE PUEBLO CO 81006
321-01 800553554 PANSINI JOSEPH Q 3538 WEST ALAMO AVENUE LITTLETON CO 80123
321-01 800553950 RARICK EDWARD B 434 LAKE DRIVE NESQUEHONIN PA 18240
321-01 800555971 APONTE LOUIS RAUL 656 BUTTONWOOD AVENUE LONG BRANCH NJ 07740
321-01 800556268 SCIMECA CHUCK 9450 SPELLMAN COURT LAS VEGAS NV 89123
321-01 800556300 ALBERTE PAUL C 2754-2756 S CLEMENT AVENUE MILWAUKEE WI 53207
321-01 800557324 HOWARD GARY 37 ELIZABETH STREET WESTBURY NY 11575
321-01 800558272 CAREY DAVID A 622-624 KOSCIUSZKO STREET NANTICOKE PA 18634
321-01 800558686 RATLIFF ZANE C 2018 WEST 3725 SOUTH ROY UT 84067
321-01 800559312 YOUNGBLOOD BRYON D 30365 FRISBY ROAD ROUND MOUNT CA 96084
321-01 800559320 RICHARDSON THOMAS 206 NORTH MEADOWBROOK OVERTON TX 75684
321-01 800560047 NGUYEN HA T 1421 MORRIS STREET PHILADELPHI PA 19145
321-01 800560997 SALCEDO RIZALINO M 82 LANSING STREET AURORA CO 80010
321-01 800561292 COPPOLA VINCENT M 1190 RUE DES CHATEAUX 1C S PASADENA FL 33707
321-01 800562472 HARRINGTON CYNTHIA 1390 GULF BOULEVARD #803 CLEARWATER FL 33767
321-01 800563140 STEVENS DARRYL C 94 WOODSCHURCH ROAD READINGTON NJ 08885
321-01 800563892 ABRUZZI MARTA 14438 NORTH 33RD PLACE PHOENIX AZ 85032
321-01 800565392 LEZARON HILDE B 38 VAN VALKENBURGH AVENUE BERGENFIELD NJ 07621
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800522955 275,366.00 275,366.00 03/01/98 02/01/28 12.000 12.000 18.000 9.050
800523490 119,400.00 119,400.00 03/01/98 02/01/28 10.875 9.875 16.875 7.300
800524613 459,000.00 458,836.34 02/01/98 01/01/28 11.000 10.000 17.000 7.600
800524837 80,000.00 80,000.00 03/01/98 02/01/28 12.125 11.125 18.125 8.000
800525248 129,200.00 129,200.00 03/01/98 02/01/28 10.625 9.625 16.625 6.650
800525297 84,000.00 83,976.63 02/01/98 01/01/28 12.125 11.125 18.125 8.300
800525438 123,000.00 122,954.94 02/01/98 01/01/28 10.875 9.875 16.875 7.000
800526220 67,500.00 67,469.34 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800526501 63,000.00 63,000.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
800528606 78,000.00 78,000.00 04/01/98 03/01/28 11.000 10.000 17.000 7.500
800529398 74,375.00 74,333.31 02/01/98 01/01/28 8.875 9.875 16.875 6.750
800530933 166,825.00 166,825.00 03/01/98 02/01/28 8.750 9.750 16.750 7.500
800532079 144,000.00 143,931.02 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800532632 106,000.00 106,000.00 03/01/98 02/01/28 11.000 11.000 17.000 7.750
800532897 112,000.00 111,912.97 02/01/98 01/01/28 10.625 9.625 16.625 6.800
800535080 112,000.00 112,000.00 04/01/98 03/01/28 9.875 10.875 17.875 8.000
800535502 32,000.00 32,000.00 03/01/98 02/01/28 8.000 8.000 14.000 5.000
800535569 121,125.00 121,125.00 03/01/98 02/01/28 10.750 9.750 16.750 6.250
800535635 78,600.00 78,600.00 03/01/98 02/01/28 11.625 10.625 17.625 7.000
800537649 117,000.00 117,000.00 03/01/98 02/01/28 11.875 10.875 17.875 8.000
800537839 224,953.00 224,953.00 03/01/98 02/01/28 8.000 7.000 14.000 6.000
800538134 341,600.00 341,403.46 02/01/98 01/01/28 8.750 8.750 14.750 5.750
800538266 121,125.00 121,049.71 02/01/98 01/01/28 8.375 9.375 16.375 6.750
800539405 446,250.00 445,972.63 02/01/98 01/01/28 8.375 9.375 16.375 6.750
800539447 130,900.00 130,900.00 03/01/98 02/01/28 11.125 10.125 17.125 7.000
800539520 110,075.00 110,075.00 03/01/98 02/01/28 11.375 10.375 17.375 7.750
800539850 45,900.00 45,863.33 02/01/98 01/01/28 8.375 7.375 14.375 5.900
800539975 24,000.00 23,985.83 02/01/98 01/01/28 8.625 7.625 14.625 5.500
800541161 54,600.00 54,584.38 03/01/98 02/01/28 12.000 11.000 18.000 7.900
800541849 124,600.00 124,600.00 03/01/98 02/01/28 10.750 9.750 16.750 6.250
800542458 31,900.00 31,900.00 03/01/98 02/01/28 10.250 10.250 16.250 6.750
800544298 307,000.00 306,827.89 02/01/98 01/01/28 8.875 8.875 14.875 6.050
800544322 602,000.00 602,000.00 03/01/98 02/01/28 9.250 9.250 15.250 5.750
800544876 588,000.00 587,827.03 02/01/98 01/01/28 11.875 10.875 17.875 7.625
800545287 197,200.00 197,200.00 03/01/98 02/01/28 11.625 10.625 17.625 7.800
800545410 32,600.00 32,600.00 04/01/98 03/01/13 9.500 8.500 15.500 5.750
800545493 79,475.00 79,475.00 03/01/98 02/01/28 11.625 10.625 17.625 7.000
800546350 157,250.00 157,192.38 02/01/98 01/01/28 10.875 9.875 16.875 6.450
800547192 53,465.00 53,465.00 03/01/98 02/01/28 10.750 10.750 16.750 7.000
800547234 85,425.00 85,425.00 03/01/98 02/01/28 10.125 9.125 16.125 6.500
800549560 169,150.00 169,150.00 03/01/98 02/01/28 10.875 9.875 16.875 7.100
800551863 124,000.00 124,000.00 03/01/98 02/01/28 7.125 8.125 15.125 5.750
800552515 94,000.00 94,000.00 03/01/98 02/01/28 10.875 9.875 16.875 7.250
800552523 78,000.00 78,000.00 04/01/98 03/01/28 10.125 9.125 16.125 6.250
800552572 56,950.00 56,950.00 03/01/98 02/01/28 11.125 10.125 17.125 7.000
800553513 110,500.00 110,500.00 04/01/98 03/01/28 9.125 10.125 17.125 7.000
800553554 97,600.00 97,567.94 02/01/98 01/01/28 11.375 10.375 17.375 6.900
800553950 96,300.00 96,258.52 03/01/98 02/01/28 10.125 9.125 16.125 6.000
800555971 121,500.00 121,500.00 03/01/98 02/01/28 11.125 10.125 17.125 7.650
800556268 115,990.00 115,990.00 03/01/98 02/01/28 10.375 9.375 16.375 6.750
800556300 100,700.00 100,700.00 03/01/98 02/01/28 8.750 7.750 14.750 5.000
800557324 84,000.00 84,000.00 03/01/98 02/01/28 11.875 11.875 17.875 8.650
800558272 33,500.00 33,500.00 03/01/98 02/01/28 12.375 11.375 18.375 8.050
800558686 99,450.00 99,450.00 03/01/98 02/01/28 9.125 10.125 17.125 7.800
800559312 55,000.00 55,000.00 03/01/98 02/01/18 9.875 8.875 15.875 6.000
800559320 72,000.00 71,934.31 04/01/98 03/01/28 9.875 8.875 15.875 6.500
800560047 36,000.00 36,000.00 03/01/98 02/01/28 11.750 11.750 17.750 8.550
800560997 143,910.00 143,846.34 02/01/98 01/01/28 10.000 9.000 16.000 6.300
800561292 32,000.00 32,000.00 04/01/98 03/01/28 11.000 10.000 17.000 6.500
800562472 105,400.00 105,340.91 03/01/98 02/01/28 8.875 7.875 14.875 5.000
800563140 276,200.00 276,028.33 02/27/98 01/27/28 8.375 7.375 14.375 5.300
800563892 77,350.00 77,350.00 03/01/98 02/01/28 11.000 10.000 17.000 7.050
800565392 170,850.00 170,850.00 03/01/98 02/01/28 10.500 10.500 16.500 7.300
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 4 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800566176 LUCAS LISA 209 F STREET LOS BANOS CA 93635
321-01 800567398 WILLIAMS DANNY L 5269 WEST CYGNUS HILL COVE WEST JORDAN UT 84084
321-01 800567778 FORTUNE MYRA 125 N CONESTOGA STREET PHILADELPHI PA 19139
321-01 800568610 SCHOEN CLAUDIA D 86 CODFISH HILL ROAD BETHEL CT 06081
321-01 800572257 LUCK SHERRY L 601 EAST 32ND ST CHICAGO IL 60616
321-01 800573958 BEANS JIMMY L 9000A CEDAR GROVE ROAD FAIRBURN GA 30213
321-01 800575797 WEBER THOMAS J 33442 COUNTY ROAD 25 ELIZABETH CO 80107
321-01 800576852 NADAL PEDRO 47 LAWNWOOD STREET SPRINGFIELD MA 01119
321-01 800577736 BILANCIA ROBERT P 26 BAKER ROAD LIVINGSTON NJ 07039
321-01 800578197 FORTNER VALERIE 19051 S LORETTO LANE COUNTRY CLU IL 60478
321-01 800578692 ALLEN DOROTHY 6751 NORTH 13TH ST UNIT 2D PHILADELPHI PA 19126
321-01 800582868 ADAMS SCARLETT 2524 WHITEMORE STREET SAGINAW MI 48602
321-01 800583338 STEPHAN LAYTH 37007 HANSON DRIVE STERLING HT MI 48310
321-01 800583742 BRIDGES RANDAL M 460 S MAIN PANGUITCH UT 84759
321-01 800585416 AVERY JAMES 1189 MAXWELL BUFFALO GAP TX 79508
321-01 800587669 RUDINOFF JOHN JEFFREY 2279 JENNA SHANE DRIVE FAYETTEVILL NC 28306
321-01 800588626 OWENS JOSEPH 836 MOUNT AVENUE WYANDANCH NY 11798
321-01 800589293 BARRAGAN JOSIE C 3441 HARBOR COURT SAN JOSE CA 95127
321-01 800592545 YOUNG PHILIP 43 SANDUNE COURT SAGAPONACK NY 11962
321-01 800593436 MIAH MOHAMMED BABUL 69-30 43RD AVENUE WOODSIDE NY 11377
321-01 800593444 FRANCE JASON RAY 160 EAST ROCKY FORD SIGURD UT 84657
321-01 800594772 HILEMAN ANDE CYNTHIA JANE 3301 17 MILE DRIVE APT 14 PEBBLE BCH CA 93953
321-01 800602260 YOUNG CLINT E 12966 EAST 48TH AVENUE DENVER CO 80239
321-01 800604217 ALVIES KENNETH 2045 NORTH ALTON INDIANAPOLI IN 46222
321-01 800605776 BUCHLI DAVID J 105 NORTH SKI COURT GILBERT AZ 85233
321-01 800608952 CAMERON KEITH C 4340 OLD WILLIAM PENN HWY MONROEVILLE PA 15146
321-01 800619389 DOMINGUEZ JULIAN 9801 NORTH 18TH AVENUE PHOENIX AZ 85021
321-01 800619439 LOFGREEN BARBARA J 3281 BLACKSMITH TRAIL PINETOP AZ 85935
321-01 800620429 WHITELEY SUE A 3060-3062 WEST ADA PLACE DENVER CO 80219
321-01 800621138 LAWAN WANNAPORN 3225 BANNOCK STREET ENGLEWOOD CO 80110
321-01 800641417 CIPRIAN FELIX 3368 FT INDEPENDENCE ST BRONX NY 10468
321-01 180160962 CORRADO SANDRA D 91 YOUNG AVENUE YONKERS NY 10710
321-01 800223414 PAXTON ELAINE 555 MICHELLE PLACE BRICK NJ 08723
321-01 800332165 LAWSON LAURA P 111 LEE STREET APPOMATTOX VA 24522
321-01 800342149 HANNAN JOSEPH J 2801 EAST GLENN STREET TUCSON AZ 85716
321-01 800374647 LENAHAN MAUREEN 9 BARCLAY LANE VOORHEES NJ 08043
321-01 800383499 CAVAGNARO PAUL 40 EGBERT AVENUE STATEN ISLA NY 10310
321-01 800390643 FOWLKES STEVEN H 4825 W SEMINARY AVENUE RICHMOND VA 23227
321-01 800399008 JOHNS ROBERT A 221 NORTH VAN BUREN AVENUE SCRANTON PA 18504
321-01 800399859 DUCLAU RICHARD A 103 FURNACE STREET DANIELSON CT 06239
321-01 800402216 BAIRD SHIRLEY 63 BUFFALO AVENUE BROOKLYN NY 11233
321-01 800402851 CONWAY THOMAS J 5318 LOWELL BLVD DENVER CO 80221
321-01 800404238 WOMACK MICHAEL S 4 AURARIA ROAD DAHLONEGA GA 30533
321-01 800410359 SCHLICHER DAVID 2015 CLIPPER STRAITS SNELLVILLE GA 30078
321-01 800414013 OWENS MARK 73 DANA AVENUE ALBANY NY 12208
321-01 800416067 WILLIE RICHARD A 223 KEENE STREET MOSCOW PA 18444
321-01 800417289 JOHNSON MELISSA WHITE 1016 CLEVELAND STREET UNIONDALE NY 11553
321-01 800417461 MYLER TERRANCE S 1960 EAST BROOKHILL DRIVE SALT LK CTY UT 84121
321-01 800418683 LAKIN ROSEMARY 2115 REDWOOD AVENUE BOOTHWYN PA 19061
321-01 800424301 MAHAN EDDIE R 1446 STANLEY DRIVE PITTSBURGH PA 15235
321-01 800424491 HANSEN JEFFREY M 1 FULLER TERRACE ALBANY NY 12205
321-01 800425001 GORENSTEIN DAVID 34 SCOTT DRIVE MARLBORO NJ 07746
321-01 800426777 KASSIM ABDUL 21-29 31ST AVENUE ASTORIA NY 11101
321-01 800428898 ZANOLINI WILLIAM J RR#4 BOX 4029 BERWICK PA 18603
321-01 800429508 OBIDINSKI MARY RUTH 8 JO MERLYN DRIVE TAYLOR PA 18517
321-01 800431330 KIRK SHAWASKI 313 VICTORY AVENUE SCHENECTADY NY 12307
321-01 800431975 PROVOST JOE MELVIN 2227 41ST 1/2 LANE AVONDALE CO 81022
321-01 800436362 VICTORIAN STEPHANIE 2827 N CHELTON ROAD CO SPRINGS CO 80909
321-01 800436602 KIRKPATRICK BRIAN KEVIN 2541 HOT SPRINGS COURT CO SPRINGS CO 80919
321-01 800438079 DAVIDSON ROBERT JR 333 CLEARBROOK AVENUE UPPER DARBY PA 19050
321-01 800438210 ZEOLI CARMINE 266 NEW STREET LYNDHURST NJ 07071
321-01 800440687 PAULINSKY ROBERT 213 NACHES TIETON ROAD NACHES WA 98937
321-01 800442717 OCONNELL GRETCHEN A 181 SCHOOL HOUSE ROAD NEW LEBANON NY 12125
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800566176 60,945.00 60,945.00 04/01/98 03/01/28 10.875 9.875 16.875 6.750
800567398 154,000.00 154,000.00 04/01/98 03/01/28 9.625 10.625 17.625 7.750
800567778 38,400.00 38,400.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800568610 165,750.00 165,750.00 03/01/98 02/01/28 12.125 12.125 18.125 8.650
800572257 173,800.00 173,800.00 03/01/98 02/01/28 9.125 8.125 15.125 5.750
800573958 40,000.00 40,000.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800575797 350,000.00 350,000.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800576852 58,400.00 58,400.00 04/01/98 03/01/28 10.875 9.875 16.875 7.250
800577736 188,000.00 188,000.00 04/01/98 03/01/28 11.000 10.000 17.000 7.400
800578197 110,500.00 110,427.07 04/01/98 03/01/28 11.375 10.375 17.375 7.250
800578692 39,200.00 39,200.00 03/01/98 02/01/28 8.875 7.875 14.875 5.500
800582868 71,200.00 71,200.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800583338 148,000.00 148,000.00 04/01/98 03/01/28 7.875 6.875 13.875 5.000
800583742 67,500.00 67,479.02 03/01/98 02/01/28 11.625 10.625 17.625 7.750
800585416 28,900.00 28,900.00 04/01/98 03/01/18 11.875 10.875 17.875 8.500
800587669 126,450.00 126,000.00 03/01/98 02/01/28 8.625 7.625 14.625 5.750
800588626 72,000.00 72,000.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800589293 552,000.00 552,000.00 03/01/98 02/01/28 8.375 9.375 16.375 6.750
800592545 512,000.00 512,000.00 04/01/98 03/01/28 10.625 9.625 16.625 7.250
800593436 220,500.00 220,500.00 03/01/98 02/01/28 9.875 9.875 15.875 6.900
800593444 67,500.00 67,500.00 04/01/98 03/01/28 7.000 8.000 15.000 5.250
800594772 350,000.00 349,654.34 03/01/98 02/01/28 9.500 8.500 15.500 6.500
800602260 101,150.00 101,150.00 04/01/98 03/01/28 11.125 10.125 17.125 7.000
800604217 52,200.00 52,200.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800605776 299,900.00 299,900.00 03/01/98 02/01/28 9.250 8.250 15.250 6.350
800608952 68,000.00 68,000.00 04/01/98 03/01/28 9.125 8.125 15.125 6.000
800619389 53,600.00 53,600.00 03/01/98 02/01/28 9.250 8.250 15.250 6.550
800619439 114,000.00 114,000.00 04/01/98 03/01/28 10.750 9.750 16.750 7.100
800620429 92,000.00 92,000.00 04/01/98 03/01/28 8.625 7.625 14.625 5.750
800621138 66,500.00 66,500.00 04/01/98 03/01/28 8.875 7.875 14.875 5.750
800641417 167,450.00 167,450.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
180160962 122,650.00 122,116.45 05/01/97 04/01/27 10.875 9.875 15.875 6.250
800223414 119,200.00 118,599.02 09/01/97 08/01/27 9.750 8.750 15.750 5.250
800332165 87,000.00 86,867.21 11/01/97 10/01/27 10.750 10.750 16.750 7.400
800342149 62,050.00 61,957.85 11/01/97 10/01/27 10.875 9.875 16.875 6.550
800374647 251,000.00 250,675.59 12/01/97 11/01/27 13.375 12.375 19.375 8.550
800383499 110,000.00 109,869.65 01/01/98 12/01/27 8.625 7.625 14.625 5.450
800390643 74,381.00 74,266.29 11/01/97 10/01/27 11.750 10.750 17.750 7.350
800399008 73,100.00 73,063.11 01/01/98 12/01/27 12.625 11.625 18.625 8.050
800399859 73,000.00 72,929.34 12/01/97 11/01/27 11.500 10.500 17.500 6.950
800402216 142,200.00 142,033.51 12/01/97 11/01/27 10.625 9.625 16.625 6.800
800402851 73,000.00 72,933.12 12/01/97 11/01/27 11.750 10.750 17.750 6.900
800404238 76,000.00 75,973.63 02/01/98 01/01/28 11.125 10.125 17.125 7.250
800410359 132,050.00 131,858.69 12/01/97 11/01/27 9.625 9.625 15.625 7.100
800414013 45,500.00 45,483.32 02/01/98 01/01/28 10.875 9.875 16.875 5.950
800416067 106,250.00 106,150.63 01/01/98 12/01/27 12.000 11.000 18.000 7.350
800417289 173,700.00 173,636.36 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800417461 136,800.00 136,693.71 01/01/98 12/01/27 10.625 9.625 16.625 6.750
800418683 95,000.00 94,908.03 12/01/97 11/01/27 11.500 10.500 17.500 7.550
800424301 68,000.00 67,953.86 01/01/98 12/01/27 11.250 10.250 17.250 6.700
800424491 92,000.00 91,964.33 01/01/98 12/01/27 13.750 12.750 19.750 9.400
800425001 250,400.00 250,159.11 01/01/98 12/01/27 9.625 8.625 15.625 6.050
800426777 135,000.00 134,915.68 02/01/98 01/01/28 11.625 10.625 17.625 7.400
800428898 39,000.00 38,986.09 02/01/98 01/01/28 11.000 10.000 17.000 7.100
800429508 88,000.00 87,931.98 01/01/98 12/01/27 10.625 9.625 16.625 6.800
800431330 50,400.00 50,357.54 01/01/98 12/01/27 10.250 9.250 16.250 5.700
800431975 71,200.00 71,111.19 02/01/98 01/01/28 8.375 7.375 14.375 4.750
800436362 429,250.00 428,754.27 01/01/98 12/01/27 8.750 7.750 14.750 4.250
800436602 122,400.00 122,272.61 01/01/98 12/01/27 9.250 8.250 15.250 6.000
800438079 103,500.00 103,331.57 12/01/97 11/01/27 11.125 10.125 17.125 7.300
800438210 129,000.00 128,958.77 02/01/98 01/01/28 11.500 10.500 17.500 7.400
800440687 76,457.00 76,397.58 01/01/98 12/01/27 10.625 9.625 16.625 6.750
800442717 85,000.00 84,933.95 01/01/98 12/01/27 10.625 9.625 16.625 6.550
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 5 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800443632 WALLICK CHRISTOPHE 5912 WEST 14TH COURT KENNEWICK WA 99338
321-01 800444788 REISINGER HARVEY W 39 SHECK ROAD NEWPORT PA 17074
321-01 800444929 BISACCIA DONNA 80 KOSSUTH STREET NEWARK NJ 07105
321-01 800445371 DAWKINS CARL 1043 EAST 221ST STREET BRONX NY 10469
321-01 800448151 WIGINGTON DONALD L 3355 CALAVERAS WAY CO SPRINGS CO 80910
321-01 800449431 CASTELLANO MICHEL J 18 HILLANDALE ROAD WESTPORT CT 06880
321-01 800451395 NADEAU DENNIS MYRON 3918 SOUTH THOMPSON AVENUE TACOMA WA 98408
321-01 800454845 PETTIT BRENDA 14 COPPERMINE VILLAGE FLEMINGTON NJ 08822
321-01 800454902 MALDONADO SILVIO 153 CEDAR HILL AVENUE SOUTH NYACK NY 10960
321-01 800456378 KUNZIG RICHARD J 28 LAKESHORE ROAD NEW LONDON NH 03257
321-01 800457046 PARKER RONNIE L 774 BUFFALO RUN BUFFALO GAP TX 79508
321-01 800457442 HAIL CARMEN A JR 643 ADAMS AVENUE MORTON WA 98356
321-01 800457558 HOOVER LISA M 224-28 THEODORE STREET SCRANTON PA 18508
321-01 800460818 DOMINGUEZ ALFREDO 513 N 6TH STREET ALLENTOWN PA 18102
321-01 800461873 OLUSAJO OLUGBEMIGA A 229 HOLLYWOOD AVENUE EAST ORANGE NJ 07018
321-01 800462178 CABALLERO CLAUDIA 31-38 60TH STREET WOODSIDE NY 11377
321-01 800462657 MAHAMADOU ABOU 1757 DEAN STREET BROOKLYN NY 11233
321-01 800463275 BLANKS FREDERICK S 44089 GALA CIRCLE ASHBURN VA 20147
321-01 800463937 NICHOLS CHESLEY E 430 MEEKER ROAD PASCO WA 99301
321-01 800464844 ESPINO ALAN C 179 CORABELLE AVENUE LODI NJ 07644
321-01 800465932 SCHWENCKE JOHN 28 OAK PLACE BLAKESLEE PA 18610
321-01 800465981 CERTILMAN JAIME A 37-39 WEST BROADWAY JIM THORPE PA 18229
321-01 800466203 CAMACHO RUBEN D 103 SPISSO COURT S PLAINFIEL NJ 07080
321-01 800470791 LESCHKE MICHAEL J SR 32 SOUTH NINTH STREET COLUMBIA PA 17512
321-01 800473050 MYERS ANNE ROSENBAUM 1238 PURITAN AVENUE BRONX NY 10461
321-01 800474322 LOOSER PETER M 16 MILFORD DRIVE WHITE PLAIN NY 10606
321-01 800475469 LONGO ROSARIO 1877 REDWOOD DRIVE WHITEHALL PA 18052
321-01 800478224 NORRITO SHIRLEY A 9442 CASA GRANDE AVENUE ENGLEWOOD FL 34234
321-01 800478257 MOHA JOSEPH BEN 25 WALTERS PLACE GREAT NECK NY 11023
321-01 800479529 ALVAREZ LUDWING 344-346 FAIRWAY SOUTH CO SPRINGS CO 80906
321-01 800479545 SHRIEVES KENNETH 7536 PINEHURST DRIVE SPRING HILL FL 14606
321-01 800480550 CORNISH AUDREY E 144 LAFAYETTE AVE CANASTOTA NY 13032
321-01 800481301 HEDGES SCOTT A 198 FRONT STREET GROVEPORT OH 43125
321-01 800482309 KAUR SURINDER 86-06 MUSKET STREET BELLEROSE NY 11426
321-01 800485591 MATTERN DANIEL 800 OAK STREET ROARING SPR PA 16673
321-01 800485617 DOWLER CARLA D H2 WESTPOINT II ATLANTIC BE NC 28512
321-01 800486292 LUDWIG EDWIN N JR 745 MOUNT SINAI CORAM ROAD MOUNT SINAI NY 11766
321-01 800486797 AVITAL MATTI 219 SPENCER STREET BROOKLYN NY 11205
321-01 800486847 VECCHIONE THERESA 418 SYCAMORE AVENUE CROYDON PA 19021
321-01 800487175 ENGLE MARY 14 LILLIAN STREET WOODBRIDGE NJ 08863
321-01 800487266 RANSOME RAYMOND 1010 CLEVELAND STREET BROOKLYN NY 11207
321-01 800487928 PACE RYAN 4758 WEST 9070 SOUTH WEST JORDAN UT 84121
321-01 800490344 CORDA LEE CONCETTA 253 B OAK STREET OLD BRIDGE NJ 08857
321-01 800490492 BARDINAS FELIX 16 HUDSON TERRACE EDGEWATER NJ 07020
321-01 800493447 HYLTON JAMES A STATE ROUTE 694 CRITZ VA 24082
321-01 800493785 PETROZZINO MICHAEL 2 SQUAW VALLEY CT UNIT 2 VERNON NJ 07462
321-01 800495335 NIELSEN PAMELA M 101 STONEHAM DRIVE GLASSBORO NJ 08028
321-01 800495582 SOSA HERNAN B 189 REGENT AVENUE PROVIDENCE RI 02908
321-01 800495863 JABBOURY KHALED W 6000 SUGAR HILL #14G HOUSTON TX 77057
321-01 800498321 LAWSON MARTIN D 8319 RIDGE ROAD BROCKPORT NY 14420
321-01 800499683 MACAULAY GEORGE B III 639 GILPIN STREET DENVER CO 80218
321-01 800500233 PINELLIS KYRIAKOS 28-25 31ST STREET ASTORIA NY 11102
321-01 800500506 BECKER FREDERICK J 1439 CRANBERRY ROAD YORK SPRING PA 17372
321-01 800501595 DIVITO FRANK 146 MADISON STREET MASTIC NY 11950
321-01 800501603 YOOS DAVID M 406 STILLWATER DRIVE POCONO SUMM PA 18346
321-01 800501991 VIALE ANGELO 1855 PARSONS ROAD DULUTH GA 30155
321-01 800502239 MCDADE JAMES 1311 FRANKLIN STREET JACKSONVILL FL 32206
321-01 800502387 WOODBURY WYETT 1208 TINTON AVENUE BRONX NY 10456
321-01 800502700 BRACH ALBERT W 23 COLLATON STREET BUFFALO NY 14207
321-01 800504284 TUMLIN DEANA 978 BRAND STREET CROSS CITY FL 32628
321-01 800505273 CHARLTON JARED S 1318 WEST 3800 NORTH PLEASANT VI UT 84414
321-01 800505331 BENNETT ROBERT C STELLA DRIVE GARDINER NY 12525
321-01 800505703 DEHAVEN THYRA R 4550 47TH AVE SOUTHWEST SEATTLE WA 98116
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800443632 110,000.00 109,938.47 02/01/98 01/01/28 12.125 11.125 18.125 8.000
800444788 85,990.00 85,924.97 01/01/98 12/01/27 10.750 9.750 16.750 6.250
800444929 66,500.00 66,452.37 01/01/98 12/01/27 11.000 10.000 17.000 7.150
800445371 211,500.00 211,426.61 02/01/98 01/01/28 11.125 10.125 17.125 7.300
800448151 79,200.00 79,153.17 02/01/98 01/01/28 11.875 10.875 17.875 7.750
800449431 850,000.00 848,702.18 01/01/98 12/01/27 9.375 8.375 15.375 5.800
800451395 68,000.00 67,957.52 03/01/98 02/01/28 11.625 10.625 17.625 7.250
800454845 99,000.00 98,902.21 01/01/98 12/01/27 9.500 8.500 15.500 5.500
800454902 120,600.00 120,515.91 02/01/98 01/01/28 11.125 10.125 17.125 6.950
800456378 525,000.00 524,849.78 02/01/98 01/01/28 12.000 11.000 18.000 7.900
800457046 137,700.00 137,574.36 01/01/98 12/01/27 9.875 8.875 15.875 6.500
800457442 54,250.00 54,219.65 01/01/98 12/01/27 12.125 11.125 18.125 8.000
800457558 63,200.00 63,146.76 01/01/98 12/01/27 10.250 9.250 16.250 6.200
800460818 60,000.00 60,000.00 03/01/98 02/01/28 8.625 7.625 14.625 5.000
800461873 68,000.00 67,926.59 01/01/98 12/01/27 11.000 10.000 17.000 7.100
800462178 261,000.00 261,000.00 04/01/98 03/01/28 9.250 8.250 15.250 5.500
800462657 142,200.00 142,200.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800463275 116,625.00 116,536.80 02/01/98 01/01/28 10.750 9.750 16.750 6.500
800463937 77,000.00 76,809.17 01/01/98 12/01/17 10.500 9.500 16.500 6.750
800464844 107,550.00 107,468.66 01/01/98 12/01/27 10.750 9.750 16.750 7.125
800465932 130,500.00 130,452.19 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800465981 73,500.00 73,442.89 02/01/98 01/01/28 10.625 9.625 16.625 6.550
800466203 210,500.00 210,436.34 02/01/98 01/01/28 11.750 11.750 17.750 8.550
800470791 30,000.00 29,980.73 02/01/98 01/01/28 11.500 10.500 17.500 7.400
800473050 168,000.00 167,951.93 02/01/98 01/01/28 12.000 12.000 18.000 9.050
800474322 230,000.00 230,000.00 03/01/98 02/01/28 9.375 8.375 15.375 5.450
800475469 126,000.00 125,953.84 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800478224 104,800.00 104,747.57 01/01/98 12/01/27 12.625 11.625 18.625 8.750
800478257 435,000.00 435,000.00 03/01/98 02/01/28 9.375 8.375 15.375 6.000
800479529 51,375.00 51,292.37 01/01/98 12/01/27 9.125 8.125 15.125 5.750
800479545 60,000.00 60,000.00 03/01/98 02/01/28 12.000 11.000 18.000 8.000
800480550 42,750.00 42,750.00 03/01/98 02/01/28 10.625 9.625 16.625 6.500
800481301 52,200.00 52,161.57 02/01/98 01/01/28 10.875 9.875 16.875 6.950
800482309 220,000.00 219,938.78 02/01/98 01/01/28 12.125 12.125 18.125 8.900
800485591 60,400.00 60,380.69 02/01/98 01/01/28 11.500 10.500 17.500 7.500
800485617 221,000.00 220,876.11 02/01/98 01/01/28 8.875 7.875 14.875 5.000
800486292 157,500.00 157,384.06 03/01/98 02/01/28 10.875 9.875 16.875 7.300
800486797 135,150.00 135,109.12 02/01/98 01/01/28 11.750 10.750 17.750 7.800
800486847 89,500.00 89,434.11 01/01/98 12/01/27 10.875 9.875 16.875 7.300
800487175 123,300.00 123,300.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800487266 122,400.00 122,356.36 02/01/98 01/01/28 11.000 10.000 17.000 7.300
800487928 140,250.00 140,141.02 01/01/98 12/01/27 10.625 9.625 16.625 6.750
800490344 136,000.00 136,000.00 03/01/98 02/01/28 11.625 10.625 17.625 7.800
800490492 152,100.00 152,032.71 02/01/98 01/01/28 10.000 9.000 16.000 6.950
800493447 75,650.00 75,627.12 02/01/98 01/01/28 11.750 10.750 17.750 6.250
800493785 55,250.00 55,250.00 03/01/98 02/01/28 11.125 10.125 17.125 7.250
800495335 87,000.00 87,000.00 03/01/98 02/01/28 10.875 9.875 16.875 7.300
800495582 50,400.00 50,352.79 02/01/98 01/01/28 9.750 8.750 15.750 5.500
800495863 186,900.00 186,654.65 02/01/98 01/01/28 8.125 7.125 14.125 5.000
800498321 78,200.00 78,151.15 01/01/98 12/01/27 11.625 10.625 17.625 6.950
800499683 297,000.00 297,000.00 03/01/98 02/01/28 8.500 7.500 14.500 6.250
800500233 252,000.00 251,888.52 02/01/98 01/01/28 10.000 9.000 16.000 6.400
800500506 64,400.00 64,353.03 03/01/98 02/01/18 14.375 13.375 20.375 10.000
800501595 136,000.00 135,923.93 02/01/98 01/01/28 12.125 11.125 18.125 8.000
800501603 52,000.00 51,948.65 02/01/98 01/01/28 9.500 8.500 15.500 5.500
800501991 408,000.00 407,707.71 02/01/98 01/01/28 11.000 10.000 17.000 7.100
800502239 37,350.00 37,337.83 02/01/98 01/01/28 11.625 10.625 17.625 7.500
800502387 117,000.00 116,953.51 02/01/98 01/01/28 10.500 9.500 16.500 6.550
800502700 63,000.00 62,917.47 12/01/97 11/01/27 10.100 9.100 16.100 5.200
800504284 32,000.00 32,000.00 03/01/98 02/01/28 11.625 10.625 17.625 7.750
800505273 243,000.00 242,863.77 02/01/98 01/01/28 8.875 7.875 14.875 6.250
800505331 108,375.00 108,375.00 03/01/98 02/01/28 11.500 10.500 17.500 6.950
800505703 160,000.00 159,910.51 02/01/98 01/01/28 12.125 11.125 18.125 8.000
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 6 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800506131 BROWN WILLIAM A 241 HANSBERRY STREET PHILADELPHI PA 19144
321-01 800506537 MORRIS TIMOTHY 421 HOMESTEAD AVENUE MT VERNON NY 10550
321-01 800507089 MILLER LORETTA M 4022 LOURY DRIVE ZEPHYRHILLS FL 33543
321-01 800508954 PUSTOVIT DANNY 9 PHEASANT RUN QUOGUE NY 11959
321-01 800509515 ANTAR JILL 224 PARK AVENUE OAKHURST NJ 07755
321-01 800509614 MORAN MICHAEL J 1104 CORAL STREET TAMPA FL 33602
321-01 800517930 JENNINGS DAVID 503 W HOSPITAL STREET TAYLOR PA 18517
321-01 800518243 BRODERICK WILLIAM B 2307 ROUTE 40 GREENWICH NY 12834
321-01 800519001 PURCHIA PHILLIP 70-02 67TH STREET GLENDALE NY 11385
321-01 800519225 GOBER KAMINS MARSHA S 7406 CYPRESS DRIVE NEW PORT RI FL 34653
321-01 800520207 WEINKAUF BRUCE A 5733 COUNTY ROAD EAST FAIRWATER WI 53931
321-01 800520652 LALLI ANNA B 80 PARKS STREET UNIT #8 DUXBURY MA 02331
321-01 800521239 WILLIAMS ROSE MAE 11 DEWEY PLACE BROOKLYN NY 11201
321-01 800523276 POINTER LAWRENCE 472 W 17TH STREET CHICAGO HTS IL 60411
321-01 800523482 KAMPSTRA DANIEL J 2121 RALEIGH STREET DENVER CO 80212
321-01 800523540 CULLUM JAMES E 4210 MARLOW CIRCLE CO SPRINGS CO 80916
321-01 800523870 SANCHEZ ERNESTO 1225 NEWTON STREET DENVER CO 80204
321-01 800525867 MAINARDI ANTHONY JR 202 CRANBOURNE DRIVE BROOMALL PA 19008
321-01 800526394 RAMIREZ GUILLERMO 2155 WEBSTER STREET N LAS VEGAS NV 89030
321-01 800529174 LOPEZ CONSTANCE 580 EAST 92ND STREET BROOKLYN NY 11236
321-01 800529455 TAYLOR PAUL E 380 SOUTH STERLING DRIVE FRUIT HGHTS UT 84037
321-01 800530909 ARTHUR ALFRED P JR 1047 EAST COUNTY ROAD 94 CELINA TX 75009
321-01 800531287 FELIX MARISOL 344 WINDING WAY TOBYHANNA PA 18466
321-01 800533358 VENTRIGLIA LOUIS F 111 MAIN STREET PEAPACK NJ 07977
321-01 800534356 BENNER LINDA J 1929 BRYN MAWR AVENUE HADDON HGHT NJ 08035
321-01 800534711 BRYANT HENRY THOMAS 0 ROUTE 3 BOX 596B SNOW HILL NC 28580
321-01 800535023 JENSEN CLAUDIA 7929 SOUTH 2940 WEST WEST JORDAN UT 84088
321-01 800535270 LERUDIS CONSTANTIN 154-57 9TH AVENUE BEECHHURST NY 11357
321-01 800535486 BARNES JUDY GAYLE 16 ST MARTINS PLACE MARMORA NJ 08223
321-01 800536096 MCNAIR CURTIS L 4079 EAST 131ST DRIVE THORNTON CO 80241
321-01 800537011 HOWRY HAROLD 427 MOUNT ELAM CHURCH ROAD ROSEBORO NC 28382
321-01 800540114 TOMASELLI LAWRENCE A 85 HARRISON AVENUE NEW CANAAN CT 06840
321-01 800540569 SIMMONS LONNY 2706 SAN MARCO PLACE TAMPA FL 33619
321-01 800540726 MEDLIN BOBBY W 828 CREPE MYRTLE LANE VIRGINIA BE VA 23455
321-01 800543662 DAWSON JACQULEEN 323 RIMROCK ROAD EAST STROUD PA 18360
321-01 800543944 PACHECO MIKE 66 IRVING PLACE STATEN ISLA NY 10360
321-01 800544603 BAQUERO PABLO 34-32 58TH STREET WOODSIDE NY 11377
321-01 800545535 HOLLOWAY SAMUEL 117-19 KIMBERLY AVENUE NEW HAVEN CT 06519
321-01 800545725 GILLES JEAN WILSON 18 EAST PRATTE AVENUE NORWICH CT 06360
321-01 800547333 RAFFAELE SCOTT 415 17TH STREET BROOKLYN NY 11215
321-01 800548083 RACINE ULRICK 174 RHODODENDRON DRIVE WESTBURY NY 11590
321-01 800548190 BROWN TINA 1518 EAST 174TH STREET CLEVELAND OH 44110
321-01 800548976 BYRD DORETHA M 207 DENVER AVENUE DURHAM NC 27704
321-01 800549024 HAMMOND WARREN 12 JAMES AVENUE CARTERSVILL GA 30120
321-01 800550006 MASTANDO ALEXANDER 8911 BLIND PASS ROAD ST PETERSBU FL 33706
321-01 800550915 LEWIS RUTH A 8909 TANGLEWOOD CIRCLE BELLEVILLE IL 62223
321-01 800551996 DAVIS REGINALD 1485 PINEVIEW CEMENTARY RD SEVEN SPRIN NC 28480
321-01 800554719 ELLIS ROMEL 1223 MAHLOW LONGVIEW TX 75601
321-01 800554875 ALVAREZ HERNANDO 2713 EAST MONUMENT AVENUE CO SPRINGS CO 80909
321-01 800555773 SYEDA NASRIN 27-10 14TH STREET ASTORIA NY 11102
321-01 800557142 FOFANA NANA K 642 EAST 227TH STREET BRONX NY 10466
321-01 800557662 COSTON PEGGY SUE 609 CIRLCE DRIVE HALLSVILLE TX 75650
321-01 800562266 BARNES ELIZABETH R 11 GRAND STREET BETHEL CT 06801
321-01 800563595 CUELLAR ELCY 80 EDGEFIELD DRIVE MORRIS PLAI NJ 07054
321-01 800572042 MOCK KIM 1402 CORNER OAKS DRIVE BRANDON FL 33510
321-01 800572778 JOO DONALD M 10 WEST OAKDENE AVENUE PALISADES P NJ 07650
321-01 800573834 DANIELE JOSEPH F JR 555 FREDERICK AVENUE AKRON OH 44310
321-01 800578361 GOOD ROBERT J 3140 SEASIDE VIEW COLORADO SP CO 80922
321-01 180053704 MATHEWS DEBRA S 1009 CENTER ST HORSEHEADS NY 14845
321-01 180057812 KAPLAN MICHAEL I 2 FAIRFIELD LN ROSLYN HEIG NY 11577
321-01 180097776 MUGAR STEPHEN 1136 NORTHEAST 15TH AVENUE FT LAUDERDA FL 33304
321-01 180107641 FELIX DIMAS R 121 BASSETT ST NEW BRITAIN CT 06051
321-01 180123614 JOHNSON THOMAS R 119 S FOREST BEACH DRIVE HILTON HEAD SC 29928
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800506131 45,000.00 45,000.00 03/01/98 02/01/28 11.125 10.125 17.125 7.300
800506537 182,400.00 182,400.00 03/01/98 02/01/28 13.500 12.500 19.500 9.400
800507089 36,000.00 35,921.75 02/01/98 01/01/13 11.125 10.125 17.125 7.250
800508954 442,000.00 441,838.06 02/01/98 01/01/28 10.875 9.875 16.875 6.750
800509515 825,000.00 824,549.36 02/01/98 01/01/28 9.000 9.000 15.000 6.250
800509614 62,050.00 62,003.06 02/01/98 01/01/28 10.750 9.750 16.750 6.250
800517930 74,800.00 74,728.04 02/01/98 01/01/28 9.625 8.625 15.625 6.050
800518243 81,000.00 81,000.00 04/01/98 03/01/28 10.750 9.750 16.750 6.250
800519001 189,000.00 188,860.87 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800519225 34,850.00 34,837.91 03/01/98 02/01/28 11.125 10.125 17.125 7.000
800520207 73,920.00 73,878.65 02/01/98 01/01/28 12.125 11.125 18.125 8.000
800520652 110,000.00 110,000.00 03/01/98 02/01/28 11.000 10.000 17.000 6.500
800521239 148,500.00 148,500.00 03/01/98 02/01/28 9.500 8.500 15.500 5.500
800523276 89,600.00 89,600.00 03/01/98 02/01/28 12.375 11.375 18.375 8.000
800523482 144,500.00 144,410.19 02/01/98 01/01/28 8.375 7.375 14.375 5.000
800523540 84,000.00 83,961.84 02/01/98 01/01/28 9.875 10.875 17.875 7.750
800523870 58,000.00 57,978.16 03/01/98 02/01/28 10.750 9.750 16.750 6.250
800525867 141,525.00 141,487.76 02/01/98 01/01/28 12.375 11.375 18.375 8.050
800526394 113,625.00 113,625.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800529174 176,000.00 175,964.07 02/01/98 01/01/28 13.500 12.500 19.500 9.400
800529455 144,150.00 144,018.49 02/01/98 01/01/28 9.875 10.875 17.875 6.250
800530909 172,000.00 171,936.98 02/01/98 01/01/28 10.875 10.875 16.875 7.750
800531287 148,000.00 147,956.46 02/01/98 01/01/28 11.875 10.875 17.875 7.500
800533358 288,000.00 288,000.00 03/01/98 02/01/28 9.875 8.875 15.875 6.375
800534356 54,000.00 53,961.32 01/01/98 12/01/27 11.000 10.000 17.000 6.200
800534711 50,400.00 50,384.33 03/01/98 02/01/28 11.625 10.625 17.625 7.750
800535023 89,520.00 89,465.59 02/01/98 01/01/28 11.750 10.750 17.750 7.500
800535270 384,000.00 384,000.00 02/08/98 01/08/28 13.000 12.000 19.000 8.900
800535486 74,750.00 74,750.00 03/01/98 02/01/28 11.875 10.875 17.875 7.800
800536096 129,000.00 129,000.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800537011 51,850.00 51,850.00 04/01/98 03/01/18 11.750 10.750 17.750 7.250
800540114 325,000.00 324,848.38 03/01/98 02/01/28 9.750 9.750 15.750 6.500
800540569 56,000.00 56,000.00 03/01/98 02/01/28 11.375 10.375 17.375 6.750
800540726 53,000.00 53,000.00 03/01/98 02/01/28 11.000 10.000 17.000 7.250
800543662 151,000.00 151,000.00 03/01/98 02/01/28 12.500 11.500 18.500 8.000
800543944 128,700.00 128,523.72 12/01/97 11/01/27 11.250 10.250 17.250 6.875
800544603 139,500.00 139,500.00 03/01/98 02/01/28 10.875 9.875 16.875 7.300
800545535 56,000.00 56,000.00 03/01/98 02/01/28 10.375 9.375 16.375 6.650
800545725 99,000.00 98,927.13 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800547333 165,750.00 165,588.03 12/01/97 11/01/27 11.750 10.750 17.750 7.200
800548083 140,000.00 139,952.73 02/01/98 01/01/28 11.250 11.250 17.250 7.800
800548190 48,400.00 48,372.93 03/01/98 02/01/28 12.125 11.125 18.125 8.250
800548976 63,940.00 63,940.00 03/01/98 02/01/28 12.375 11.375 18.375 8.000
800549024 82,450.00 82,450.00 03/01/98 02/01/28 11.500 10.500 17.500 7.300
800550006 44,200.00 44,175.23 03/01/98 02/01/28 8.875 7.875 14.875 5.000
800550915 59,400.00 59,400.00 03/01/98 02/01/28 10.875 9.875 16.875 6.750
800551996 75,200.00 75,200.00 03/01/98 02/01/28 12.375 11.375 18.375 8.000
800554719 64,175.00 64,132.64 03/01/98 02/01/28 11.375 10.375 17.375 7.250
800554875 84,000.00 83,914.83 03/01/98 02/01/28 9.375 8.375 15.375 6.000
800555773 270,000.00 269,892.70 03/01/98 02/01/28 10.500 9.500 16.500 6.450
800557142 222,300.00 222,199.00 02/01/98 01/01/28 9.875 9.875 15.875 6.900
800557662 42,800.00 42,773.98 03/01/98 02/01/28 11.750 10.750 17.750 7.500
800562266 226,700.00 226,700.00 03/01/98 02/01/28 11.000 10.000 17.000 7.500
800563595 155,000.00 155,000.00 03/01/98 02/01/28 9.750 8.750 15.750 6.050
800572042 110,925.00 110,852.44 03/01/98 02/01/28 8.125 7.125 14.125 4.700
800572778 337,500.00 337,342.54 03/01/98 02/01/28 9.750 8.750 15.750 6.650
800573834 28,570.00 28,548.38 02/01/98 01/01/28 10.750 9.750 16.750 6.125
800578361 130,700.00 130,700.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
180053704 45,000.00 44,786.33 03/01/97 02/01/27 10.750 9.750 16.750 6.000
180057812 115,000.00 114,552.33 04/01/97 03/01/27 11.250 10.250 17.250 6.000
180097776 68,850.00 68,567.28 04/01/97 03/01/27 11.000 10.000 17.000 6.250
180107641 99,600.00 99,251.99 04/01/97 03/01/27 11.750 10.750 17.750 7.250
180123614 382,500.00 381,089.10 04/01/97 03/01/27 11.500 10.500 17.500 6.750
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 7 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 180145591 LEARY JOHN M 256 BRIGANTINE CIR NORWELL MA 02061
321-01 800182925 BARCA JOSEPH 338 DAVIS AVE STATEN ISLA NY 10310
321-01 800274649 WARD WALTER 548 PALM STREET LANCASTER PA 17602
321-01 800276909 WESHNER ERIC 294 ST MARYS AVE STATEN ISLA NY 10314
321-01 800284945 KONESKY JAMES B 1041 SOUTH 500 WEST OREM UT 84058
321-01 800312068 BLACHMAN CHAIM 3842-3844 LYME AVENUE BROOKLYN NY 11224
321-01 800318016 EWALT VALERIE A 3155 NORTH HIGHWAY 89 PRESCOTT AZ 86301
321-01 800321804 BANKES DAVID 4537 VISTA STREET PHILDELPHIA PA 19136
321-01 800343121 THOMPSON ISAIAH 400 MADISON STREET BROOKLYN NY 11221
321-01 800349037 GONZALEZ ADRIAN E RD 2 BOX 505 LOWER MILL CI DALTON PA 18419
321-01 800352676 HOWARD LISA MARIE 3435 MOUNTAIN SIDE DRIVE COLORADO SP CO 80918
321-01 800366692 SHEEHY TOM 1638 NORTH MAIN STREET WATERBURY CT 06704
321-01 800367062 ESPINOSA LESLY 7110 NORTH 28TH DRIVE PHOENIX AZ 85051
321-01 800375818 INGEGNO DONALD FRANK 47 CLEMENT STREET GLEN COVE NY 11542
321-01 800387474 MOTT KEVIN L 4131 BRICK SCHOOLHOUSE RD HAMLIN NY 14464
321-01 800390908 SCHOUTEN ROBERT D 9931 SE EASTMONT DRIVE GRESHAM OR 97080
321-01 800391849 FARRELL RACHEL L 17227 SKYLAND ROAD NEVADA CITY CA 95959
321-01 800394488 CARR RICHARD L 7194 SURRY COURT WARRENTON VA 20187
321-01 800397192 WILLIAMS RENEE M 522 SUSAN DRIVE KING OF PRU PA 19406
321-01 800417933 BLACKMAN CHRISTOPHE D 2291 NORTHWEST 139TH ST OPA LOCKA FL 33054
321-01 800433856 AMIET-HODANI CAROL ANN 942 WEBER DRIVE YARDLEY PA 19067
321-01 800445173 GIETZ TERRY M 4277 EAST DESERT LANE GILBERT AZ 85236
321-01 800445363 GOODWIN DAVID A 3446 NORTH OLYMPIC MESA AZ 85215
321-01 800445504 RICE MALLORY CARL 5701 EAST NINTH STREET TUCSON AZ 85711
321-01 800450900 HENRY ROBIN LEE 4424-26 MOUNTAIN RD PASADENA MD 21122
321-01 800465148 PANIO FRANCINE 6 WILDWOOD ROAD EASTCHESTER NY 10709
321-01 800476517 BURNS EDWARD L 829 WEST LOCUST STREET YORK PA 17404
321-01 800488751 HERNANDEZ JESUS 115-40 UNDERCLIFF ROAD KINNELON NJ 07405
321-01 800492050 BORRELL ANTHONY J 156 NEPONSET STREET NORWOOD MA 02062
321-01 800492928 HAILEY SEAN 35-37 NORMAN ROAD NEWARK NJ 07103
321-01 800500571 ALTIZER ALLEN WALTER 2049 HORSESHOE CIRCLE JESSUP MD 20794
321-01 800501074 SCHWARTING GERTRUDE E 19733 TELEGRAPH SPRINGS RD PURCELLVILL VA 20132
321-01 800502676 GREENE MURDOCK 2650 1ST AVENUE NORTH ST PETERSBU FL 33713
321-01 800505901 CHIU JON 554 NORTH GATES AVENUE KINGSTON PA 18704
321-01 800506370 SPANO MAUREEN 739 GREEN VALLEY ROAD JACKSON NJ 08527
321-01 800507287 TUCKER ANGELA L 1 RIVER DRIVE ROWESVILLE SC 29133
321-01 800523052 MCGUIRE JODIE 3926 WEST VAN BUREN CHICAGO IL 60624
321-01 800523516 DOSS ALFREIDA 1214 W 51ST STREET CHICAGO IL 60609
321-01 800532285 PANNAMAN JONATHAN D 108 OAKSIDE DRIVE SMITHTOWN NY 11787
321-01 800533614 RYAN JOHN D JR 27 11TH STREET PERU IL 61354
321-01 800534943 PUMMER FRANK A 155 W PUMPING STATION ROAD QUAKERTOWN PA 18951
321-01 800548489 GAMMON WILLIAM T 12-21 BELLAIR AVENUE FAIRLAWN NJ 07410
321-01 800550485 ARGUELLES RAFAEL 1452 NORTH TALMAN AVENUE CHICAGO IL 60622
321-01 800550873 GRIGGS GAIL L 3405 SOUTH ARLINGTON INDEPENDENC MO 64052
321-01 800551749 VALENTIN SARITA 537 HARRAL AVENUE BRIDGEPORT CT 06604
321-01 800555583 LOFURNO RICHARD 18 PENNSYLVANIA AVENUE LONG BEACH NY 11561
321-01 800557332 JOHNSON PAMELA 6739 SOUTH RHODES CHICAGO IL 60637
321-01 800561854 GARDNER ROBERT M 6827 W BONNIE ARLENE DRIVE SALT LK CTY UT 84120
321-01 800564072 JOHNSTON CLARISSA 914 SCENIC DRIVE PAYSON AZ 85541
321-01 800567851 WILLIAMS MYRA 506 WEST WARREN AVENUE TAMPA FL 33602
321-01 800574212 HUNDLEY CHARICE N 1407 GLENN AVENUE WILKINSBURG PA 15221
321-01 800578536 MARTIN GARY L 5741 MEADVILLE ROAD GAP PA 17527
321-01 800588485 RODRIGUEZ GLORIA 5919 NEWPORT STREET COMMERCE CI CO 80022
321-01 800593873 SUAREZ TANYA M 518 EAST FRANKLIN STREET A CHAPEL HILL NC 27514
321-01 800597502 JAMISON ANTHONY 12810 BENWOOD AVENUE CLEVELAND OH 44105
321-01 800601775 MADISON JASON DEAN 125 C MCKNIGHT STREET ST PAUL MN 55119
321-01 800604183 JARRIN GLENND I 2111 SEWARD AVENUE BRONX NY 10473
321-01 800606881 LANIER WILLIAM C 210 SIMMONS DRIVE WILMINGTON NC 28405
321-01 800611683 ZELMS ROBERT R 24525 70TH STREET PADDOCK LK WI 53168
321-01 800612962 LENAS MICHAEL J 430 13TH AVENUE NORTH ST PETERSBU FL 33701
321-01 800620486 FRASER FAY B 149 STERLING ST UNIT 4A BROOKLYN NY 11225
321-01 800629578 HEINTZ PATRICIA A 15685 GOOD AVENUE FORT LUPTON CO 80621
321-01 800636938 WOLTCHECK ELLEN L RD 4 BOX 4555 HUGGINS ROAD DUNCANNON PA 17020
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
180145591 249,900.00 240,289.15 06/01/97 05/01/27 12.125 10.375 16.375 6.500
800182925 78,000.00 77,777.64 08/01/97 07/01/27 11.375 10.375 16.375 6.750
800274649 39,950.00 39,864.89 09/01/97 08/01/27 11.125 10.125 17.125 6.600
800276909 100,000.00 99,808.88 09/01/97 08/01/27 11.625 10.625 17.625 7.000
800284945 119,200.00 118,983.56 10/01/97 09/01/27 11.000 11.000 17.000 7.625
800312068 318,750.00 318,399.64 11/01/97 10/01/27 12.250 11.250 18.250 7.900
800318016 175,000.00 174,489.16 10/01/97 09/01/27 8.750 8.750 14.750 5.400
800321804 51,850.00 51,755.84 10/01/97 09/01/27 11.000 10.000 17.000 6.500
800343121 50,000.00 49,903.05 12/01/97 11/01/27 9.625 8.625 15.625 5.300
800349037 67,200.00 67,121.92 12/01/97 11/01/27 12.000 11.000 18.000 7.250
800352676 95,000.00 94,668.77 10/01/97 09/01/27 7.875 7.875 13.875 5.250
800366692 67,500.00 67,434.65 12/01/97 11/01/27 11.500 10.500 17.500 7.150
800367062 60,000.00 59,910.88 11/01/97 10/01/27 10.875 9.875 16.875 6.400
800375818 175,500.00 175,284.57 11/01/97 10/01/27 11.750 10.750 17.750 7.300
800387474 108,000.00 107,924.71 01/01/98 12/01/27 11.125 10.125 17.125 6.450
800390908 328,000.00 327,380.38 11/01/97 10/01/27 9.750 8.750 15.750 5.400
800391849 294,300.00 293,615.27 11/06/97 10/06/27 8.750 7.750 14.750 4.000
800394488 132,000.00 131,882.36 12/01/97 11/01/27 11.875 10.875 17.875 7.500
800397192 127,800.00 127,672.86 12/01/97 11/01/27 11.375 10.375 17.375 6.875
800417933 52,500.00 52,446.33 01/01/98 12/01/27 11.250 10.250 17.250 6.500
800433856 169,150.00 168,942.33 11/01/97 10/01/27 11.750 10.750 17.750 7.550
800445173 170,425.00 170,208.76 12/01/97 11/01/27 10.250 9.250 16.250 6.750
800445363 182,800.00 182,548.77 12/01/97 11/01/27 9.875 8.875 15.875 6.550
800445504 184,000.00 183,754.77 12/01/97 11/01/27 11.375 10.375 17.375 7.300
800450900 112,500.00 112,397.36 01/01/98 12/01/27 9.875 8.875 15.875 5.500
800465148 515,000.00 515,000.00 03/01/98 02/01/28 10.625 9.625 16.625 6.200
800476517 49,500.00 49,482.06 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800488751 222,800.00 222,720.55 03/01/98 02/01/28 11.000 11.000 17.000 7.500
800492050 220,050.00 220,050.00 03/01/98 02/01/28 10.750 10.750 16.750 7.000
800492928 148,800.00 148,739.25 02/01/98 01/01/28 10.375 9.375 16.375 6.750
800500571 73,600.00 73,578.35 02/01/98 01/01/28 11.875 10.875 17.875 7.500
800501074 204,400.00 204,400.00 04/01/98 03/01/28 7.000 7.000 13.000 4.250
800502676 39,000.00 38,986.84 02/01/98 01/01/28 11.250 10.250 17.250 6.000
800505901 105,600.00 105,559.15 02/01/98 01/01/28 10.625 9.625 16.625 6.500
800506370 80,750.00 80,750.00 03/01/98 02/01/28 11.375 10.375 17.375 7.450
800507287 62,960.00 62,960.00 03/01/98 02/01/28 10.500 9.500 16.500 6.500
800523052 76,000.00 76,000.00 03/01/98 02/01/28 11.125 10.125 17.125 6.750
800523516 48,600.00 48,600.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
800532285 220,000.00 220,000.00 04/01/98 03/01/28 11.250 11.250 17.250 8.000
800533614 66,400.00 66,400.00 03/01/98 02/01/28 11.625 10.625 17.625 8.000
800534943 128,000.00 128,000.00 04/01/98 03/01/28 11.625 10.625 17.625 8.000
800548489 153,750.00 153,750.00 03/01/98 02/01/28 11.500 10.500 17.500 7.650
800550485 310,000.00 309,883.29 02/01/98 01/01/28 10.750 10.750 16.750 7.450
800550873 52,000.00 51,970.91 04/01/98 03/01/28 12.125 11.125 18.125 8.250
800551749 76,500.00 76,500.00 03/01/98 02/01/28 11.250 10.250 17.250 7.650
800555583 199,750.00 199,661.63 03/01/98 02/01/28 10.000 10.000 16.000 7.050
800557332 89,200.00 89,171.49 03/01/98 02/01/28 11.500 10.500 17.500 7.350
800561854 90,000.00 90,000.00 03/01/98 02/01/28 11.125 10.125 17.125 7.800
800564072 193,500.00 193,423.13 03/01/98 02/01/28 10.500 9.500 16.500 6.850
800567851 45,600.00 45,600.00 04/01/98 03/01/28 10.625 9.625 16.625 6.250
800574212 38,000.00 38,000.00 03/01/98 02/01/28 11.875 10.875 17.875 8.000
800578536 104,850.00 104,850.00 04/01/98 03/01/28 8.500 7.500 14.500 5.000
800588485 70,850.00 70,850.00 03/01/98 02/01/28 10.625 10.625 16.625 6.700
800593873 135,000.00 135,000.00 04/01/98 03/01/28 7.750 6.750 13.750 4.750
800597502 55,900.00 55,900.00 03/06/98 02/06/28 8.625 7.625 14.625 5.750
800601775 70,000.00 70,000.00 04/01/98 03/01/28 8.000 7.000 14.000 4.250
800604183 216,000.00 216,000.00 04/01/98 03/01/28 9.250 8.250 15.250 5.500
800606881 123,000.00 123,000.00 04/01/98 03/01/28 8.375 7.375 14.375 5.000
800611683 109,600.00 109,527.66 04/01/98 03/01/28 11.375 10.375 17.375 7.250
800612962 60,800.00 60,800.00 04/01/98 03/01/28 10.750 9.750 16.750 7.000
800620486 51,000.00 51,000.00 04/01/98 03/01/28 8.125 7.125 14.125 5.000
800629578 114,750.00 114,750.00 04/01/98 03/01/28 11.125 10.125 17.125 8.800
800636938 59,000.00 59,000.00 04/01/98 03/01/28 9.000 8.000 15.000 5.750
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 8 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800426009 THAKURDAI JEWAN 3234 FULTON STREET BROOKLYN NY 11208
321-01 800426041 THAKURDAI JEWAN 3238 FULTON STREET BROOKLYN NY 11208
321-01 800463465 LAPP MELVIN M 250 LITTLE BEAVER ROAD STRASBURG PA 17579
321-01 800490534 SHTYLMAN YAKOV Z 205 EAGLE GLEN COURT WOODSTOCK GA 30185
321-01 800492076 MIGA STEVEN J JR 2835 CHRISTINE STREET BETHLEHEM PA 18017
321-01 800496309 SORENSEN GLENN 712 42ND STREET BROOKLYN NY 11232
321-01 800502494 CALERO PABLO S 59 23 XENIA STREET FLUSHING NY 11368
321-01 800504078 DORFMAN DAVID 87 WYCKOFF STREET BROOKLYN NY 11201
321-01 800509689 RUBY CHRISTOPHE LT 804 CANDLEWOOD ESTATES BLAKESLEE PA 18610
321-01 800511479 COSPY EDWARD R 440 WEST STEWART STREET DAYTON OH 45408
321-01 800513467 NUNEZ MARTINA 42 EAST 20TH STREET PATERSON NJ 07513
321-01 800514127 BEDELL ELBA 261 CARDINAL ROAD HYDE PARK NY 12538
321-01 800523227 STEVENS RASHEED LOT 30 MOUNTAIN VIEW ESTAT BLAKESLEE PA 18610
321-01 800525164 CANGELOSI MARIA LT 75 SECT 5A POCONO MT LA BUSHKILL PA 18324
321-01 800530438 SHARPE TONY M 670 EAST 300 NORTH PLEASANT GR UT 84062
321-01 800532319 PETERKIN ROBERT 31-20 105TH STREET EAST ELMHUR NY 11370
321-01 800534406 MOSQUERA HUGO F 43 18 104TH STREET CORONA NY 11368
321-01 800534612 IACOVELLI MARIE 5319 DREXEL AVENUE PENNSAUKEN NJ 08110
321-01 800535601 HUMMEL SEAN ALLEN 7316 NE 16TH AVE #306 VANCOUVER WA 98665
321-01 800535791 ERBAIO BETTY M 3319 SOUTHWEST 1ST AVE CAPE CORAL FL 33914
321-01 800543811 CUNHA DOMINGOS 122 ROSLYN ROAD MINEOLA NY 11501
321-01 800550022 LEE, JULIUS T. 4327 SOUTHWEST 147 PLACE MIAMI FL 33185
321-01 800550972 CHIPPS MICHAEL L 1226 WALLACE STREET YORK PA 17404
321-01 800551343 RICCI PHYLLIS M 11155 54TH AVENUE NORTH SAINT PETER FL 33708
321-01 800551962 WILLIAMS COLIN 3260 NORTH DEERFIELD AVENU YORKTOWN HE NY 10598
321-01 800553182 LEM BONNIE JEAN 963 PINES TERRACE FRANKLIN LA NJ 07417
321-01 800563355 OQUENDO LUIS O 359 ARMSTRONG AVENUE JERSEY CITY NJ 07305
321-01 800569030 BAUMGARDNER CHRISTOPHE D. 821 WEST 5TH STREET KENNEWICK WA 99336
321-01 800573701 BRACCI DENNIS P 7656 EDDY ROAD COLDEN NY 14033
321-01 800574972 ANDERSON RICHARD D 1130 WINDRIDGE DRIVE LOGANVILLE GA 30249
321-01 800576134 GHANT FRANCES D 1688 REBEL CREEK ROAD CHESTER SC 29706
321-01 800578981 ROTA JOHN J 7 REGENT DRIVE JAMESBURG NJ 08831
321-01 800580508 LEGGIERI BENJAMIN J 259 COAL STREET WILKES BARR PA 18702
321-01 800582306 KLUCHINSKY WESTLY 822 EVANS STREET BETHLEHEM PA 18017
321-01 800586133 FORRY JOHN F 834 TURNER STREET ALLENTOWN PA 18102
321-01 800590150 MADISON MICHAEL 12 BARCLAY AVENUE CORAM NY 11727
321-01 800590390 HARMON CASSANDRA 21 NORTH MAIN STREET EAST HAMPTO CT 06424
321-01 800592479 TAMLER LOU A 1751 HOLLYWOOD ROAD PITTSBURGH PA 15227
321-01 800592529 ORR BRENDA SUE 5648 JEFERSONVILLE ROAD DRY BRANCH GA 31020
321-01 800593824 GLUCKMAN ROGER 23 CEDAR DRIVE EAST OLD BETHPAG NY 11804
321-01 800594228 INGLEDEW DALE D 5044 WEST COPPER MEADOW LA WEST JORDAN UT 84088
321-01 800595464 BUCKLES WILLIAM A 4512 EAST OBERLIN WAY CAVE CREEK AZ 85331
321-01 800598666 HUNT BYUNG SOON 1901 82ND STREET BROOKLYN NY 11214
321-01 800598815 TERRELL DEXTER 6751 NORTH 13TH STREET UNI PHILADELPHI PA 19126
321-01 800598849 KEARNS SPENCER 6751 NORTH 13TH STREET UNI PHILADELPHI PA 19126
321-01 800603011 VELOZ AMERICA R 14 ASHFORD PLACE ALBERTSON NY 11507
321-01 800603425 GARCIA MARGARITA 2145 N. KILBOURN CHICAGO IL 60639
321-01 800603540 BIONDI RALPH 9 COVEBROOK ROAD WEST HAVEN CT 06516
321-01 800603664 BOKA DANIEL F. 14288 LINDER DRIVE HOLLY MI 48442
321-01 800603797 MORAN MICHAEL P 69 GAYLORD STREET BRISTOL CT 06010
321-01 800605420 LAMSON JAMES 4345-4347 SKYLINE BLVD CAPE CORAL FL 33914
321-01 800606683 BETTACK PAULA L. W943 EAU CLAIRE RD PELL LAKE WI 53157
321-01 800608473 ADAMS CRAIG H 808 EAST 3400 SOUTH NORTH OGDEN UT 84414
321-01 800609737 HETRICK ROY D 2635 LIGONIER STREET LATROBE PA 15650
321-01 800611733 RICHARDSON LOUISE 1714 COOLEDGE ROAD TUCKER GA 30084
321-01 800612293 FEASTER JEFFREY L 2 HIGH STREET MONTGOMERY PA 17752
321-01 800615015 VINSON MONA 101 WEST HAMPTON DRIVE INDIANAPOLI IN 46208
321-01 800615676 STALEY JEROME N SR 5230 HAZEL AVENUE PHILADELPHI PA 19143
321-01 800618738 RIDEG KAROLY 1836 DAWN RIDGE AVENUE HENDERSON NV 89014
321-01 800619355 PARRA RICHARD A 706 WESTFORD HOUSTON TX 77022
321-01 800622664 HAWS JOAN A 338 SOUTH PARKSIDE CIRCLE ST GEORGE UT 84770
321-01 800622672 SIERRA MOTA UBALDO C 2816 NORTH 30TH PLACE PHOENIX AZ 85008
321-01 800626228 GREEN DONALD H. 6040 OLD CREEK LANE MATTESON IL 60443
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800426009 100,800.00 100,750.96 01/01/98 12/01/27 12.750 11.750 18.750 8.150
800426041 126,000.00 125,945.24 01/01/98 12/01/27 13.250 12.250 19.250 7.900
800463465 115,500.00 115,459.92 02/01/98 01/01/28 11.125 10.125 17.125 6.700
800490534 108,375.00 108,305.39 01/01/98 12/01/27 11.500 10.500 17.500 7.650
800492076 75,000.00 75,000.00 03/01/98 02/01/28 11.750 10.750 17.750 7.800
800496309 114,750.00 114,750.00 04/01/98 03/01/28 10.625 9.625 16.625 7.800
800502494 215,000.00 215,000.00 04/01/98 03/01/28 8.750 7.750 14.750 5.300
800504078 350,000.00 350,000.00 03/01/98 02/01/28 9.250 8.250 15.250 4.000
800509689 156,400.00 156,400.00 03/01/98 02/01/28 12.000 12.000 18.000 9.050
800511479 38,700.00 38,700.00 03/01/98 02/01/28 10.875 9.875 16.875 6.950
800513467 104,000.00 103,969.41 02/01/98 01/01/28 11.875 10.875 17.875 7.850
800514127 85,500.00 85,466.92 02/01/98 01/01/28 10.625 9.625 16.625 6.500
800523227 140,000.00 140,000.00 03/01/98 02/01/28 12.000 12.000 18.000 9.050
800525164 34,000.00 34,000.00 04/01/98 03/01/28 10.125 9.125 16.125 6.750
800530438 89,250.00 89,250.00 04/01/98 03/01/28 11.500 10.500 17.500 8.050
800532319 120,000.00 120,000.00 03/01/98 02/01/28 12.500 11.500 18.500 8.625
800534406 136,000.00 136,000.00 04/01/98 03/01/28 10.750 10.750 16.750 7.450
800534612 76,800.00 76,800.00 03/01/98 02/01/28 11.500 10.500 17.500 7.500
800535601 41,400.00 41,381.69 02/01/98 01/01/28 10.000 9.000 16.000 6.550
800535791 58,225.00 58,225.00 03/01/98 02/01/28 10.875 9.875 16.875 6.625
800543811 249,900.00 249,900.00 04/01/98 03/01/28 9.750 9.750 15.750 6.500
800550022 139,500.00 139,500.00 04/01/98 03/01/28 10.625 9.625 16.625 7.500
800550972 27,950.00 27,950.00 03/01/98 02/01/28 11.750 10.750 17.750 8.150
800551343 70,500.00 70,500.00 03/01/98 02/01/28 10.625 9.625 16.625 6.750
800551962 160,650.00 160,650.00 03/01/98 02/01/28 11.500 11.500 17.500 8.050
800553182 408,025.00 408,025.00 04/01/98 03/01/28 10.125 10.125 16.125 7.050
800563355 146,700.00 146,700.00 04/01/98 03/01/28 10.250 10.250 16.250 7.300
800569030 52,500.00 52,500.00 04/01/98 03/01/28 11.625 10.625 17.625 7.750
800573701 144,300.00 144,252.60 02/01/98 01/01/28 11.375 10.375 17.375 6.450
800574972 150,660.00 150,660.00 03/01/98 02/01/28 8.375 8.375 14.375 5.850
800576134 74,800.00 74,800.00 05/01/98 04/01/28 10.000 9.000 16.000 6.500
800578981 200,000.00 200,000.00 04/01/98 03/01/28 12.000 12.000 18.000 9.050
800580508 73,600.00 73,600.00 03/01/98 02/01/28 12.625 11.625 18.625 9.050
800582306 39,650.00 39,650.00 03/01/98 02/01/28 11.125 10.125 17.125 7.650
800586133 44,800.00 44,800.00 04/01/98 03/01/28 11.000 10.000 17.000 7.500
800590150 121,200.00 121,160.19 02/01/98 01/01/28 11.375 11.375 17.375 8.350
800590390 113,400.00 113,400.00 04/01/98 03/01/28 10.875 9.875 16.875 7.650
800592479 90,000.00 90,000.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800592529 38,000.00 38,000.00 05/01/98 04/01/28 11.625 10.625 17.625 8.000
800593824 230,000.00 230,000.00 05/01/98 04/01/28 10.125 9.125 16.125 6.500
800594228 133,000.00 133,000.00 04/01/98 03/01/28 8.500 7.500 14.500 4.750
800595464 212,500.00 212,500.00 04/01/98 03/01/28 9.875 8.875 15.875 6.750
800598666 216,000.00 216,000.00 04/01/98 03/01/28 8.875 7.875 14.875 5.700
800598815 49,600.00 49,600.00 04/01/98 03/01/28 9.500 8.500 15.500 6.000
800598849 45,050.00 45,050.00 04/01/98 03/01/28 10.875 9.875 16.875 6.250
800603011 189,000.00 189,000.00 04/01/98 03/01/28 10.625 10.625 16.625 7.650
800603425 87,900.00 87,900.00 04/01/98 03/01/28 10.750 9.750 16.750 7.500
800603540 129,200.00 129,200.00 04/01/98 03/01/28 9.375 8.375 15.375 6.000
800603664 50,000.00 50,000.00 05/01/98 04/01/28 7.750 6.750 13.750 4.000
800603797 71,900.00 71,900.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800605420 84,750.00 84,750.00 04/01/98 03/01/28 9.625 8.625 15.625 5.250
800606683 69,700.00 69,700.00 04/01/98 03/01/28 11.125 10.125 17.125 7.000
800608473 153,200.00 153,200.00 04/01/98 03/01/28 9.875 8.875 15.875 6.550
800609737 68,000.00 68,000.00 04/01/98 03/01/28 9.375 8.375 15.375 6.250
800611733 67,500.00 67,500.00 04/01/98 03/01/28 9.750 8.750 15.750 6.200
800612293 63,200.00 63,200.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800615015 159,800.00 159,800.00 05/01/98 04/01/28 11.125 10.125 17.125 7.000
800615676 28,000.00 28,000.00 04/01/98 03/01/28 9.125 8.125 15.125 5.750
800618738 170,425.00 170,425.00 04/01/98 03/01/28 10.375 9.375 16.375 6.750
800619355 53,000.00 53,000.00 05/01/98 04/01/28 8.625 7.625 14.625 6.000
800622664 136,000.00 136,000.00 04/01/98 03/01/28 9.125 8.125 15.125 5.500
800622672 69,300.00 69,300.00 04/01/98 03/01/28 9.000 8.000 15.000 6.350
800626228 124,200.00 124,200.00 04/01/98 03/01/28 9.125 8.125 15.125 6.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 9 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-01 800631780 VIGIL MICHAEL 2121 WEST 11TH STREET PUEBLO CO 81003
321-01 800637092 BURKE JAYME J 740 LINCOLN STREET HAZELTON PA 18201
321-01 800639346 JACKSON HERMAN 9701 EASTON AVENUE CLEVELAND OH 44104
321-01 800639437 HOSTETLER JERRY 4915 EAST KESSLER BLVD INDIANAPOLI IN 46220
321-01 800640393 DALTON WILLIAM M 7403 WYOMING ST E BREMERTON WA 98366
321-01 800642852 SPILLERS JAMES A 7540 NORTH AJO ROAD SCOTTSDALE AZ 85258
321-01 800642993 HAPTONSTALL KERRY J 9535 NEWTON STREET WESTMINSTER CO 80030
321-01 800643264 MCLAWS DOROTHY GROVES 8729 EAST REMUDA DRIVE SCOTTSDALE AZ 85255
321-01 800643538 RUFINO JOHN C 18020 ROAD 27.8 DOLORES CO 81323
321-01 800645004 SWEENEY FRANCIS H 536 E 4TH STREET FREDERICA DE 19946
321-01 800649774 LASTERY HAL 13513 ALVIN AVENUE GARFIELD HE OH 44105
321-01 800650186 VANPROYEN JACOB 15910 358TH AVENUE SE SULTAN WA 98294
321-01 800650475 FRAZIER, GLENN W 904 AMERSHAM LANE WAKE FOREST NC 27587
321-01 800653743 BOLDEA SORIN DANIEL 1719 EAST BEHREND DRIVE PHOENIX AZ 85037
321-01 800654006 CRADDOCK LAURIE S 6719 SPRING BRANCH DRIVE KRUM TX 76249
321-01 800654147 ANDERSON DEAN S 9013 WEST PORT AU PRINCE L PEORIA AZ 85381
321-01 800654592 MORENO JOHN ANTHONY 17648 NORTH 17TH STREET PHOENIX AZ 85022
321-01 800655011 LUTKEFEDDER NORMAN W 1864 MILVALE ROAD ANNAPOLIS MD 21401
321-01 800655987 MARINO DOMINICK 3 BLYTHEWOOD COURT BRUNSWICK NJ 08902
321-01 800657827 BRADLEY RUTH 2744 REEL STREET HARRISBURG PA 17110
321-01 800660185 ZYWOTCHENKO TANYA 376 OSCAWANA LAKE ROAD PUTNAM VALL NY 10579
321-01 800662462 UPTON SCOTT B 1123 EAST FERN DRIVE SOUTH PHOENIX AZ 85014
321-01 800663460 STONE JOHN A 4525 SOUTHWEST 162 TERRACE OCALA FL 34481
321-01 800663676 HAAS MICHAEL 330 NORTH 7TH STREET ALLENTOWN PA 18102
321-01 800663718 HAAS MICHAEL 332 N 7TH STREET ALLENTOWN PA 18102
321-01 800671190 LOOMIS ROSLYN A 508 LAKEVIEW PARK ROCHESTER NY 14613
321-01 161366513 HOLSTEIN ANN M 1819 SCOTT STREET COVINGTON KY 41011
321-01 161374301 WILLIAMSON JOHN R 1738 ALABAMA ST. STURGEON BA WI 54235
321-01 161432158 BURGETT KATHERINE L 6239 WHITE ACRE LAKE MI 48632
321-01 161480397 SLAVIK CRAIG C 1700 8TH AVENUE SOUTH ANOKA MN 55303
321-01 161503966 ROONEY MARY E 620 PARKSHORE SHOREWOOD IL 60431
321-01 161546866 PURCELL JAMES C 6524 CORNELL AVENUE INDIANAPOLI IN 46220
321-01 161625488 LAMB JOHN B 9970 ARCOLA LIVONIA MI 48150
321-01 161627047 HUTH ATTILA 724 WEST WASHINGTON STREET ANN ARBOR MI 48103
321-01 161628425 DOUGHER FRANCES E 335 LINDEN NORTHVILLE MI 48167
321-01 161623517 GARTH SIDNEY L 3516 W ADAMS CHICAGO IL 60624
321-01 161629746 JAMES PHILIP C 919 DAKOTA CIRCLE NAPERVILLE IL 60563
321-01 161631403 FELTON WESLEY JAY 4521 W 101ST STREET OAK LAWN IL 60453
321-01 161622568 OMUNDSON RAYDAL ELDIN 129 SYCAMORE STREET DANA IN 47847
321-01 161633607 SPAKAUSKY MARK D 9537 JACKSON AVE. BROOKFIELD IL 60513
321-01 161616156 REINHART STEPHEN P 119 GREENVILLE AVE. LUDLOW FALL OH 45339
321-01 161629605 GALVEZ DELIA 1703 NORTH KEDVALE CHICAGO IL 60639
321-01 161632401 BISHOP KENT A 16181 SAMPLE ROAD CLOVIS CA 93611
---------------------------------------------------
546 Sale Total
321-02 800543217 GAYLE VIOLET 141-11 185TH STREET SPRINGFIELD NY 11413
321-02 800595662 ARDREY RUSSELL D 15505 81ST AVE NORTHEAST BOTHELL WA 98011
321-02 180023335 ELBAKRY ABDALLA I 81 ROBINSON LN WAPPINGERS NY 12590
321-02 800228769 WINNETTE CARSON H 809 EAST LEXINGTON AVENUE HIGH POINT NC 27262
321-02 800429060 CURTIS PETER E 26 CIRCLE DRIVE FREDON NJ 07860
321-02 800432429 WHITAKER LEE SR 88 LEHIGH AVENUE NEWARK NJ 07102
321-02 800438467 KUNZ DOUGLAS H 9 TOLLHOUSE ROAD EASTHAMPTON NJ 08060
321-02 800442279 TANNER JERRI F 21 LA SALLE AVENUE TRENTON NJ 08618
321-02 800451429 JAMES CAROLYN J 1253 PRINCESS AVENUE CAMDEN NJ 08103
321-02 800461303 HERRING RICHARD WARREN 1184 MCINTOSH AVENUE BROOMFIELD CO 80020
321-02 800462632 ELLIS LOIS K 316 30TH STREET OGDEN UT 84403
321-02 800467706 WALECHECK JOSEPH C 233 WEST SECOND STREET WALSENBURG CO 81089
321-02 800469884 CUPAIUOLO MARK A 262 JAMES STREET MT EPHRAIM NJ 08059
321-02 800473613 BRUNO MARIE MONETTE 103 SICKLES AVENUE NEW ROCHELL NY 10801
321-02 800473936 MEAK FRANK A 107 PRIME AVENUE HUNTINGTON NY 11743
321-02 800476954 DOMINGUEZ ROBERTO 88-02 241ST STREET BELLEROSE NY 11426
321-02 800477135 DOUGHMAN EDWARD W 68194 EAGLE LAKE ROAD EDWARDSBURG MI 49112
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800631780 48,375.00 48,375.00 05/01/98 04/01/28 9.750 8.750 15.750 5.500
800637092 41,000.00 41,000.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800639346 51,000.00 51,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
800639437 350,000.00 350,000.00 03/24/98 02/24/28 8.375 7.375 14.375 5.250
800640393 58,500.00 58,500.00 04/01/98 03/01/28 11.750 10.750 17.750 7.750
800642852 242,250.00 242,250.00 04/01/98 03/01/28 9.875 9.875 15.875 7.050
800642993 114,750.00 114,750.00 04/01/98 03/01/28 10.375 9.375 16.375 6.550
800643264 391,000.00 391,000.00 04/01/98 03/01/28 10.000 9.000 16.000 7.050
800643538 297,500.00 297,500.00 04/01/98 03/01/28 8.750 7.750 14.750 5.800
800645004 85,900.00 85,900.00 04/01/98 03/01/28 8.375 7.375 14.375 5.000
800649774 61,200.00 61,200.00 05/01/98 04/01/28 8.375 7.375 14.375 5.250
800650186 66,250.00 66,250.00 04/01/98 03/01/28 9.125 8.125 15.125 6.250
800650475 97,750.00 97,750.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800653743 93,600.00 93,600.00 04/01/98 03/01/28 9.000 8.000 15.000 5.600
800654006 90,000.00 90,000.00 04/01/98 03/01/28 10.625 9.625 16.625 7.250
800654147 90,400.00 90,400.00 04/01/98 03/01/28 12.125 11.125 18.125 8.500
800654592 133,390.00 133,390.00 04/01/98 03/01/28 8.750 7.750 14.750 5.800
800655011 501,500.00 501,306.01 02/01/98 01/01/28 10.625 9.625 16.625 6.750
800655987 279,600.00 279,600.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800657827 53,550.00 53,550.00 04/01/98 03/01/28 10.250 9.250 16.250 6.250
800660185 110,000.00 110,000.00 05/01/98 04/01/28 9.375 8.375 15.375 5.250
800662462 133,200.00 133,200.00 04/01/98 03/01/28 9.125 8.125 15.125 5.950
800663460 65,250.00 65,250.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
800663676 54,000.00 54,000.00 04/01/98 03/01/28 9.250 8.250 15.250 5.500
800663718 47,200.00 47,200.00 04/01/98 03/01/28 8.750 7.750 14.750 5.000
800671190 28,500.00 28,500.00 03/01/98 02/01/28 10.375 9.375 16.375 5.950
161366513 68,000.00 67,408.48 02/01/97 01/01/27 8.625 7.625 14.625 3.750
161374301 73,500.00 73,019.61 02/01/97 01/01/27 9.625 8.625 15.625 5.000
161432158 70,200.00 69,834.38 05/01/97 04/01/27 9.875 8.875 15.875 5.000
161480397 91,100.00 90,691.60 08/01/97 07/01/27 9.250 8.250 15.250 5.500
161503966 110,400.00 110,040.09 08/01/97 07/01/27 9.875 8.875 15.875 4.750
161546866 86,000.00 85,806.59 10/01/97 09/01/27 10.000 9.000 16.000 5.500
161625488 55,000.00 55,000.00 03/01/98 02/01/28 8.625 7.625 14.625 5.250
161627047 130,000.00 130,000.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
161628425 107,000.00 107,000.00 03/01/98 02/01/28 6.750 6.750 12.750 4.250
161623517 67,500.00 67,435.08 04/01/98 03/01/28 9.625 8.625 15.625 5.750
161629746 323,000.00 322,617.23 04/01/98 03/01/28 8.625 7.625 14.625 4.500
161631403 148,700.00 148,593.46 04/01/98 03/01/28 11.000 10.000 17.000 7.750
161622568 40,000.00 40,000.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
161633607 123,700.00 123,700.00 04/01/98 03/01/28 10.750 10.750 16.750 7.250
161616156 42,000.00 42,000.00 03/01/98 02/01/28 11.250 10.250 17.250 8.150
161629605 68,000.00 68,000.00 04/01/98 03/01/28 8.125 7.125 14.125 5.000
161632401 220,000.00 220,000.00 04/01/98 03/01/28 9.250 8.250 15.250 5.750
-------------------------------- -----------------------------------------
70,036,855.00 69,990,523.80 10.384 9.621 16.443 6.740
800543217 178,500.00 178,500.00 03/01/98 02/01/28 11.625 10.625 17.625 7.000
800595662 99,000.00 99,000.00 04/01/98 03/01/28 11.375 10.375 17.375 7.250
180023335 110,500.00 109,977.77 11/01/96 10/11/26 12.875 10.875 16.875 7.500
800228769 49,300.00 49,180.17 08/01/97 07/01/27 11.250 10.250 17.250 6.500
800429060 150,325.00 150,268.40 02/01/98 01/01/28 10.750 9.750 16.750 7.000
800432429 95,000.00 94,957.98 02/01/98 01/01/28 10.000 9.000 16.000 6.400
800438467 94,400.00 94,300.83 12/01/97 11/01/27 11.125 11.125 17.125 8.125
800442279 53,125.00 53,082.58 02/01/98 01/01/28 10.500 9.500 16.500 6.250
800451429 28,000.00 28,000.00 03/01/98 02/01/28 12.125 11.125 18.125 8.150
800461303 167,875.00 167,767.19 01/01/98 12/01/27 11.500 10.500 17.500 7.800
800462632 52,000.00 51,985.92 02/01/98 01/01/28 12.250 11.250 18.250 8.300
800467706 45,050.00 45,034.36 03/01/98 02/01/28 11.125 10.125 17.125 7.550
800469884 92,250.00 92,155.68 01/01/98 12/01/27 11.250 10.250 17.250 7.300
800473613 197,200.00 197,014.30 01/01/98 12/01/27 11.625 10.625 17.625 7.800
800473936 113,400.00 113,358.45 02/01/98 01/01/28 10.875 9.875 16.875 7.300
800476954 172,800.00 172,800.00 03/01/98 02/01/28 10.375 9.375 16.375 7.300
800477135 124,000.00 123,965.50 02/01/98 01/01/28 12.125 11.125 18.125 8.400
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 10 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-02 800478943 PANFILE WILLIAM A JR 76 CEMETARY ROAD WANTAGE NJ 07461
321-02 800482119 DAVIS SHARON L 60 NORTH 2080 EAST CIRCLE ST GEORGE UT 84790
321-02 800482648 WIDEMAN JEANETTE 6639 N FAIRHILL STREET PHILADELPHI PA 19126
321-02 800488413 WALKER DAMARIS S 2800 SOUTH KENTON COURT AURORA CO 80014
321-02 800491771 DOMOROD STEPHEN JR 110 PARK TERRACE AVENUE WEST HAVEN CT 06516
321-02 800493215 COULOMBE JOHN 95 SALLY LANE RIDGE NY 11961
321-02 800493561 MIGA STEVEN J JR 4703 BAYARD STREET EASTON PA 18042
321-02 800501140 FRIEDFERTIG ARNOLD M 76-78 HIGHLAND AVENUE NEWTON MA 02160
321-02 800514671 JEFFERSON DAN KELLY 691 NORTH 1060 EAST ST GEORGE UT 84770
321-02 800519639 QUASHIE SHIRLEY H 140-15 174TH STREET SPRINGFIELD NY 11413
321-02 800521312 SAWH ESTHER 3046 EDMONDSON AVENUE BALTIMORE MD 21223
321-02 800525206 CREWS MOSES P 10592 HAVERFORD ROAD JACKSONVILL FL 32218
321-02 800529562 CONNELL DAVID 2 QUAIL RIDGE ROAD HYDE PARK NY 12538
321-02 800533994 PORTSMORE PAUL E SR 152 ACKERMAN AVENUE HOHOKUS NJ 07423
321-02 800535031 RIVERA BENJAMIN C 317 FIRST STREET WEATHERLY PA 18255
321-02 800535478 KHAN SHAZAD 138-27 LLOYD ROAD JAMAICA NY 11435
321-02 800535676 HENDERSON BERNICE 5028 S BLACKSTONE AVENUE CHICAGO IL 60615
321-02 800539439 KOENIGSBERG MARK 74 CENTER AVENUE BAY SHORE NY 11706
321-02 800541302 VILLATORO JUAN 153 EAST PULASKI ROAD HUNTINGTON NY 11746
321-02 800542169 TAPP ROBERT J 9292 S CRESTMORE WAY HIGHLANDS R CO 80126
321-02 800547630 LANGLOIS CARMEN 1024 FAILE STREET BRONX NY 10459
321-02 800548737 CASPERSON PAUL H 11201 SOUTH O'HENRY ROAD SANDY UT 84070
321-02 800556474 KOBAL MICHAEL E 357 CUMMINGS ROAD VERMILION OH 44089
321-02 800558546 LANTZ LARRY E 2914 MIDDLE BRIDGE COURT CROFTON MD 21114
321-02 800559999 PO SREANG 2635 SOUTH 3RD STREET PHILADELPHI PA 19148
321-02 800561003 HARRIS MICHAEL J 6850 SOUTH SPRINGBROOK WAY SALT LK CTY UT 84121
321-02 800563520 SCHROEDER ERIN L 6490 ONWARD TRAIL CLARKSVILLE MD 21029
321-02 800563652 REEVES RONALD D 29237 NORTH 49TH PLACE PHOENIX AZ 85331
321-02 800570459 PARISI DONNA J RR 3 BOX 3304 RIFLE RANGE BRIDGEVILLE DE 19933
321-02 800571390 VARGAS YANIA 96-10 50TH AVENUE CORONA NY 11368
321-02 800571911 BRADLEY RICHARD LAMONT 1513 CALDWELL STREET LONGVIEW TX 75603
321-02 800571937 DORADO HENRY E 23 MAGNOLIA STREET WESTBURY NY 11590
321-02 800572786 GREEN ALBERT F 4985 ZUNI STREET DENVER CO 80221
321-02 800574022 EDWARDS KEITH 4717 LOST COLONY COURT STONE MOUNT GA 30088
321-02 800574717 MANFREDI PATRICIA M 2522 EAST MARSHALL AVENUE PHOENIX AZ 85016
321-02 800574857 LARSON DAVID V 14203 179TH PLACE RENTON WA 98058
321-02 800575664 HARRIS RYAN 171 EAST 300 SOUTH IVINS UT 84738
321-02 800577058 DURAIN VICKI M 3047 WEST 1100 NORTH WEST POINT UT 84015
321-02 800577686 JOHNSON JEANETTE M 14228 DODSON ROAD NW EPHRATA WA 98823
321-02 800579039 LOZADA JESSIE 2611 CLARENDON ROAD BROOKLYN NY 11226
321-02 800584526 STEIN ARGENTINA 13025 EAST 55TH AVENUE DENVER CO 80239
321-02 800588048 BILLINGSLEA YOLANDA 148 MACDOUGAL STREET BROOKLYN NY 11216
321-02 800589434 JANAC RICHARD J 14502 NORTH LARK COURT FOUNTAIN HI AZ 85268
321-02 800590713 NEIL SHELLEY 8925 OLD KEITH BRIDGE ROAD GAINESVILLE GA 30506
321-02 800592636 KING DUANE L RT 201 BOX 695 VANDERBILT PA 15486
321-02 800599789 SILVESTER LUIS G 22-24 SEELEY STREET PATERSON NJ 07501
321-02 800603755 ETWARU LIONEL B 9 SCOPLITIS COURT HOLBROOK NY 11741
321-02 800607046 RICHARD PETER 5019 SOUTH ELIZABETH CHICAGO IL 60609
321-02 800615403 HARGRAVE BEVERLY 1014 ARIZONA STREET MT PLEASANT TX 75455
321-02 800619025 LAMMERT OTTO 2824 NORTH ARCADIA STREET COLORADO SP CO 80907
321-02 800619041 ENGLISH TROY JOSEPH 6820 KING ARTHUR ROAD JACKSONVILL FL 32205
321-02 800621211 CLARK JAMES C 112 MATTAPAN STREET MATTAPAN MA 02126
321-02 800622631 YATES ARNOLD RT 1 BOX 3004 BEN WHEELER TX 75754
321-02 800622821 FELICIANO FERNANDO 4520 WEST ALTADENA AVENUE PHOENIX AZ 85304
321-02 800626392 BEAVER SHARON 1200 N 15TH STREET HARRISBURG PA 17103
321-02 800631616 ABBS HOPE H 24 MINISH DRIVE COMMERCE GA 30529
321-02 800637043 LICARI RONALD J 52 SENECA DRIVE POCONO SUMM PA 18346
321-02 800638686 BOUCHEY GORDON B 418 NORTH J STREET TACOMA WA 98403
321-02 800646721 GATES MARC L 1146 CARR STREET LAKEWOOD CO 80215
321-02 800655698 CONNER KENNTH D II 2277 SOUTH KIRKWOOD #706 HOUSTON TX 77077
321-02 800395592 FRIEL NADINE 2014 LILY COURT SANFORD FL 32771
321-02 800468464 ROBERTS KEVIN 2906 CLAIRMONT AVENUE MACON GA 31204
321-02 800473159 BERGAMI CHARLES P 889 PEARSE ROAD NISKAYUNA NY 12309
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800478943 126,000.00 126,000.00 03/01/98 02/01/28 11.000 11.000 17.000 7.500
800482119 149,600.00 149,562.78 02/01/98 01/01/28 12.625 11.625 18.625 8.000
800482648 56,100.00 56,100.00 03/01/98 02/01/28 11.000 10.000 17.000 7.300
800488413 82,450.00 82,422.92 02/01/98 01/01/28 11.375 10.375 17.375 7.550
800491771 96,000.00 96,000.00 03/01/98 02/01/28 12.125 12.125 18.125 8.900
800493215 123,250.00 123,213.74 03/01/98 02/01/28 11.875 11.875 17.875 8.400
800493561 75,000.00 75,000.00 03/01/98 02/01/28 10.750 9.750 16.750 6.800
800501140 315,000.00 315,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.500
800514671 34,000.00 34,000.00 03/01/98 02/01/28 11.375 10.375 17.375 7.150
800519639 135,150.00 135,150.00 03/05/98 02/05/28 11.875 10.875 17.875 8.000
800521312 40,500.00 40,484.33 03/01/98 02/01/28 10.625 9.625 16.625 7.000
800525206 48,600.00 48,583.60 02/01/98 01/01/28 11.250 10.250 17.250 7.400
800529562 133,488.00 133,488.00 04/01/98 03/01/28 11.625 10.625 17.625 8.000
800533994 382,500.00 382,500.00 03/01/98 02/01/28 11.375 10.375 17.375 7.800
800535031 37,500.00 37,488.66 02/01/98 01/01/28 11.750 10.750 17.750 7.650
800535478 136,000.00 136,000.00 03/01/98 02/01/28 10.250 9.250 16.250 6.900
800535676 162,400.00 162,280.46 01/01/98 12/01/27 10.875 10.875 16.875 7.900
800539439 92,000.00 92,000.00 03/01/98 02/01/28 12.625 11.625 18.625 9.050
800541302 120,000.00 120,000.00 03/01/98 02/01/28 12.500 11.500 18.500 8.550
800542169 164,900.00 164,828.97 03/01/98 02/01/28 10.125 9.125 16.125 6.750
800547630 157,500.00 157,500.00 03/01/98 02/01/28 10.375 9.375 16.375 7.250
800548737 178,500.00 178,500.00 03/01/98 02/01/28 11.125 10.125 17.125 7.550
800556474 55,750.00 55,750.00 04/01/98 03/01/28 10.625 9.625 16.625 7.000
800558546 276,250.00 276,250.00 03/01/98 02/01/28 8.250 7.250 14.250 4.250
800559999 39,200.00 39,200.00 03/01/98 02/01/28 11.750 11.750 17.750 8.550
800561003 121,500.00 121,500.00 03/01/98 02/01/28 10.625 9.625 16.625 7.300
800563520 225,250.00 225,171.85 03/01/98 02/01/28 11.125 10.125 17.125 7.800
800563652 134,000.00 133,924.87 03/01/98 02/01/28 8.875 7.875 14.875 5.700
800570459 102,000.00 101,936.61 03/01/98 02/01/28 8.375 7.375 14.375 5.000
800571390 238,000.00 238,000.00 04/01/98 03/01/28 11.125 10.125 17.125 7.800
800571911 51,000.00 51,000.00 04/01/98 03/01/28 11.125 10.125 17.125 7.000
800571937 229,500.00 229,500.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800572786 104,400.00 104,400.00 03/01/98 02/01/28 8.375 9.375 16.375 7.300
800574022 62,400.00 62,400.00 04/01/98 03/01/28 11.875 10.875 17.875 8.000
800574717 328,000.00 328,000.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
800574857 157,600.00 157,600.00 04/01/98 03/01/28 8.125 7.125 14.125 4.750
800575664 103,512.00 103,512.60 03/01/98 02/01/28 8.125 9.125 16.125 6.700
800577058 165,750.00 165,750.00 04/01/98 03/01/28 7.125 8.125 15.125 6.050
800577686 92,000.00 92,000.00 04/01/98 03/01/28 11.750 10.750 17.750 8.000
800579039 153,000.00 153,000.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
800584526 73,600.00 73,600.00 04/01/98 03/01/28 9.000 10.000 17.000 7.150
800588048 161,900.00 161,900.00 03/01/98 02/01/28 8.500 7.500 14.500 5.000
800589434 373,600.00 373,600.00 03/01/98 02/01/28 10.125 9.125 16.125 6.450
800590713 499,500.00 499,500.00 03/01/98 02/01/28 9.250 8.250 15.250 6.400
800592636 43,200.00 43,200.00 04/01/98 03/01/28 11.250 10.250 17.250 7.500
800599789 135,000.00 135,000.00 04/01/98 03/01/28 11.125 10.125 17.125 8.000
800603755 228,000.00 228,000.00 04/01/98 03/01/28 7.500 6.500 13.500 4.250
800607046 50,600.00 50,600.00 04/01/98 03/01/28 9.875 8.875 15.875 6.250
800615403 47,000.00 47,000.00 04/01/98 03/01/28 9.000 8.000 15.000 5.500
800619025 103,500.00 103,500.00 04/01/98 03/01/28 8.375 7.375 14.375 6.250
800619041 56,700.00 56,700.00 04/01/98 03/01/28 8.750 7.750 14.750 5.500
800621211 113,600.00 113,600.00 04/01/98 03/01/28 8.375 7.375 14.375 5.000
800622631 41,300.00 41,300.00 04/01/98 03/01/28 9.125 8.125 15.125 5.500
800622821 73,600.00 73,600.00 04/01/98 03/01/28 9.500 8.500 15.500 6.300
800626392 58,500.00 58,500.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800631616 71,250.00 71,250.00 04/01/98 03/01/28 9.750 9.750 15.750 6.500
800637043 126,000.00 126,000.00 04/01/98 03/01/28 9.625 8.625 15.625 6.250
800638686 202,880.00 202,880.00 04/01/98 03/01/28 8.375 7.375 14.375 5.250
800646721 83,300.00 83,300.00 04/01/98 03/01/28 9.875 8.875 15.875 6.750
800655698 34,800.00 34,800.00 04/01/98 03/01/28 9.500 8.500 15.500 6.000
800395592 61,600.00 61,515.33 12/01/97 11/01/27 9.875 8.875 15.875 5.500
800468464 85,000.00 84,943.89 01/08/98 12/08/27 11.375 10.375 17.375 7.000
800473159 173,440.00 173,304.70 02/01/98 01/01/28 7.250 7.250 13.250 4.250
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 11 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-02 800558199 HARTNETT DOUGLAS W 10030 36TH AVENUE SW SEATTLE WA 98146
321-02 161514260 RASBERRY LEO C 1245 WILLOWCREST AURORA IL 60504
321-02 161560875 HILLAWI BASIL YACOUB 1327 WYANDOTTE ROYAL OAK MI 48067
321-02 161562442 ROSE BETTY J 6671 LABLANC WATERFORD MI 48329
321-02 161578828 EMMONS HARLEY RAY JR 10491 STREAM PARK COURT CENTERVILLE OH 45458
321-02 161585195 RIVERA JOSE L 1241 SOUTH 61ST AVENUE CHICAGO IL 60604
321-02 161586292 GILLENWATERS PIERRE 20031 WYOMING DETROIT MI 48221
321-02 161590021 WALLACE ALLEN E JR 12941 PARLANGE COURT NEW ORLEANS LA 70128
321-02 161590625 LEMKO MARK 11910 FOX RIDGE DRIVE PLYMOUTH MI 48170
321-02 161594338 POLTORAK PIOTR 5520 W NEWPORT CHICAGO IL 60649
321-02 161594734 DOUMAS RUTH 639 EAST 87TH PLACE CHICAGO IL 60619
321-02 161598776 STEMEN SCOTT E 1975 SOUTH SUNDERLAND RD SPENCERVILL OH 45887
321-02 161600473 BUTLER JOSEPH A JR 8545 SOUTH ESCANABA AVENUE CHICAGO IL 60617
321-02 161600481 HANNON MICHAEL J 3145 N 8TH STREET MILWAUKEE WI 53206
321-02 161602891 ROSCOE DOROTHY 1824-26 STANWOOD ROAD E CLEVELAND OH 44112
321-02 161603576 MERZDORF JANE S 3480 UNIVERSITY AVENUE HIGHLAND PK IL 60035
321-02 161605852 RICE EDDIE 12306 IMPERIAL CLEVELAND OH 44120
321-02 161606850 FREY CHARLENE 1626 HUFFMAN AVE DAYTON OH 45403
321-02 161608476 ROYS WILLIAM 1810 N PARKER INDIANAPOLI IN 46218
321-02 161609219 MCDOUGLE LYNN 2230 WEST 119TH CHICAGO IL 60643
321-02 161612049 YOUSIF ASAAD 6634 TORYBROOKE CIRCLE W BLOOMFIEL MI 48323
321-02 161613559 GROSS KIM L 714 CRESCENT ST MAUSTON WI 53948
321-02 161614029 LARKINS NELSON 712 23RD AVENUE BELLWOOD IL 60626
321-02 161614425 ARNDT LARRY 72 MEADOWLARK LANE FARGO ND 58102
321-02 161615034 PEGUES CHARLES H 11311 SOUTH EMERALD AVENUE CHICAGO IL 60628
321-02 161615646 ANTHONY KENNETH R 32311 ANNAPOLIS WAYNE MI 48184
321-02 161615893 HEATH CHARLES L 4134 THREE MILE DRIVE DETROIT MI 48224
321-02 161616115 HOPKINS KIMBERLY 713 WALNUT ST FRANKTON IN 46044
321-02 161618434 ALKATIB ADEL 29634 PLEASANT TRAIL SOUTHFIELD MI 48076
321-02 161619176 PANOUTSOS GEORGE 6117 N WASHTENAW AVENUE CHICAGO IL 60659
321-02 161619473 CARROTHERS JAY 36710 GREEN STREET NEW BALTIMO MI 48047
321-02 161619697 SUMMERS KEVIN D 6897 JEFFERSON ROAD BROOKLYN MI 49230
321-02 161619903 CROWE ROBERT D 25600 BELLADONNA LYON TOWNSH MI 48178
321-02 161620596 SMITH COURTNEY DARE 7631 MOUNT HOOD HUBER HEIGH OH 45424
321-02 161620679 KIRK CLARINE L 2815 WEST 10TH STREET INDIANAPOLI IN 46222
321-02 161620745 SHRYOCK GERRY 3519 EAST SUMNER LAKE DRIV ANDERSON IN 46012
321-02 161621875 HANNON MICHAEL JOHN 3459 61 N 8TH STREET MILWAUKEE WI 53206
321-02 161621982 RECKOVIC SELIM 21415 AVERHILL FARMINGTON MI 48336
321-02 161622014 KASSAB AGEED 2133 RIVERWOOD DR OKEMOS MI 48864
321-02 161622279 DOMURATH SIEGFRIED E JR 5405 RECREATION DRIVE WEST BLOOMF MI 48324
321-02 161622469 THOMAS MERLE LONDON 2709 NORTH RITTER AVENUE INDIANAPOLI IN 46218
321-02 161623384 SANCHEZ JOEL 9170 CAYUGA CLARKSTON MI 48348
321-02 161623392 FOUMIA HANAA 7085 CLEMENTS WEST BLOOMF MI 48322
321-02 161624010 JOHNSON MICHAEL D 919 ESSEX SPRINGFIELD OH 45505
321-02 161624028 JOHNSON MICHAEL D 2422 LEXINGTON AVENUE SPRINGFIELD OH 45505
321-02 161625868 ZIEGLER LINDA M 24177 MEADOW LANE GRAYSLAKE IL 60030
321-02 161627195 DRAGON JAMES D 7424 EAST COUNTY ROAD 100 PLAINFIELD IN 46168
321-02 161627633 COOKSEY OLIVE 7691 PRAIRIE VIEW FISHERS IN 46038
321-02 161628334 HAHN CHARLES H 27604 DARTMOUTH MADISON HEI MI 48071
321-02 161628359 LAMETI RALPH G 26480 NORMANDY FRANKLIN MI 48025
321-02 161580402 LOUIS AMETIS B 1728 HOVLAND COURT EVANSTON IL 60201
321-02 161580469 MORGUCZ LAURI L 1908 VERMETTE CIRCLE PLAINFIELD IL 60544
321-02 161582895 CORSARO PETER T 536 NORTH TEMPLE AVENUE INDIANAPOLI IN 46201
321-02 161584743 HAWKINS CEDRIC B 4504 SOUTH FORRESTVILLE CHICAGO IL 60653
321-02 161586128 SCHULZE HANNELORE 594 CHATHAM CIRCLE BUFFALO GRO IL 60089
321-02 161589833 KLEMENT MICHAEL E 28740 PALOMINO WAREEN MI 48093
321-02 161593033 VALENZUELA DIANE M 1107 4TH STREET AUSTIN MN 55912
321-02 161593892 DUPREST DENNY A 6161 SLEIGHT BATH MI 48808
321-02 161594767 LOPEZ RANULFO 2746 NORTH ASHLAND AVE CHICAGO IL 60614
321-02 161596663 GRZELAK JESSE 1231 N MARION CT CHICAGO IL 60622
321-02 161600028 JONES MARY E 302 SOUTH 23RD AVENUE BELLWOOD IL 60104
321-02 161600937 HARRIS DONALD 18638 HARTWELL DETROIT MI 48235
321-02 161602370 THOMAS KENNETH R 609 ENGLEWOOD ROYAL OAK MI 48073
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
800558199 63,250.00 63,250.00 03/01/98 02/01/28 7.875 6.875 13.875 4.750
161514260 248,400.00 247,856.26 09/01/97 08/01/27 11.000 10.000 17.000 6.800
161560875 104,200.00 104,060.99 12/01/97 11/01/27 10.000 10.000 16.000 6.800
161562442 42,500.00 42,421.80 11/01/97 10/01/27 9.875 8.875 15.875 5.550
161578828 336,000.00 335,641.02 01/16/98 12/16/27 9.125 8.125 15.125 5.550
161585195 115,800.00 115,745.25 01/01/98 12/01/27 12.875 11.875 18.875 8.100
161586292 57,600.00 57,600.00 03/01/98 02/01/28 9.625 8.625 15.625 6.250
161590021 100,000.00 99,949.96 01/01/98 12/01/27 12.625 11.625 18.625 8.000
161590625 277,000.00 276,680.10 01/01/98 12/01/27 8.750 8.750 14.750 5.800
161594338 208,000.00 207,892.98 02/01/98 01/01/28 12.500 11.500 18.500 7.750
161594734 40,600.00 40,576.64 02/01/98 01/01/28 8.750 8.750 14.750 5.800
161598776 76,500.00 76,426.33 01/01/98 12/01/27 9.375 8.375 15.375 6.250
161600473 52,000.00 51,939.79 01/01/98 12/01/27 12.000 11.000 18.000 7.250
161600481 27,900.00 27,900.00 03/01/98 02/01/28 9.875 8.875 15.875 6.250
161602891 36,500.00 36,482.05 02/01/98 01/01/28 9.500 9.500 15.500 6.250
161603576 314,500.00 314,371.60 02/01/98 01/01/28 10.375 9.375 16.375 6.750
161605852 56,000.00 56,000.00 03/01/98 02/01/28 12.000 11.000 18.000 7.500
161606850 58,900.00 58,856.63 01/15/98 12/15/27 10.875 9.875 16.875 7.300
161608476 27,200.00 27,200.00 03/01/98 02/01/28 11.750 10.750 17.750 7.500
161609219 96,000.00 96,000.00 03/01/98 02/01/28 8.250 7.250 14.250 4.000
161612049 445,500.00 445,308.12 02/01/98 01/01/28 10.125 9.125 16.125 6.250
161613559 25,400.00 25,400.00 03/01/98 02/01/28 10.750 9.750 16.750 6.250
161614029 72,000.00 71,976.99 02/01/98 01/01/28 11.500 10.500 17.500 7.000
161614425 95,200.00 95,143.79 02/01/98 01/01/28 8.625 7.625 14.625 4.250
161615034 117,000.00 117,000.00 03/01/98 02/01/28 10.125 9.125 16.125 6.250
161615646 68,000.00 67,976.41 02/01/98 01/01/28 11.125 10.125 17.125 7.800
161615893 79,200.00 79,169.36 03/01/98 02/01/28 10.625 9.625 16.625 6.950
161616115 27,200.00 27,141.56 03/01/98 02/01/13 11.250 10.250 17.250 7.000
161618434 104,000.00 104,000.00 03/01/98 02/01/28 8.000 7.000 14.000 4.250
161619176 75,000.00 75,000.00 03/01/98 02/01/28 9.625 8.625 15.625 6.000
161619473 48,000.00 47,859.37 02/01/98 01/01/28 10.750 9.750 16.750 6.900
161619697 71,500.00 71,500.00 04/01/98 03/01/28 11.625 10.625 17.625 7.250
161619903 150,500.00 150,446.33 03/01/98 02/01/28 11.000 11.000 17.000 7.800
161620596 38,200.00 38,200.00 03/01/98 02/01/28 8.375 7.375 14.375 5.000
161620679 25,500.00 25,500.00 03/01/98 02/01/28 10.750 9.750 16.750 6.250
161620745 76,500.00 76,500.00 03/01/98 02/01/28 11.625 10.625 17.625 7.000
161621875 27,900.00 27,900.00 03/01/98 02/01/28 9.375 8.375 15.375 6.250
161621982 68,000.00 67,982.10 02/01/98 01/01/28 12.375 11.375 18.375 8.050
161622014 131,200.00 131,200.00 03/01/98 02/01/28 11.000 10.000 17.000 6.500
161622279 101,600.00 101,540.02 03/01/98 02/01/28 8.625 8.625 14.625 5.650
161622469 39,200.00 39,200.00 03/01/98 02/01/28 12.500 11.500 18.500 8.000
161623384 129,200.00 129,111.09 03/01/98 02/01/28 7.875 7.875 13.875 4.900
161623392 133,400.00 133,400.00 03/01/98 02/01/28 9.500 8.500 15.500 5.900
161624010 18,700.00 18,692.76 03/01/98 02/01/28 10.625 9.625 16.625 6.500
161624028 34,800.00 34,787.92 03/01/98 02/01/28 11.125 10.125 17.125 7.000
161625868 310,500.00 310,500.00 03/01/98 02/01/28 10.500 9.500 16.500 7.000
161627195 175,200.00 175,200.00 03/01/98 02/01/28 8.000 7.000 14.000 4.250
161627633 78,600.00 78,532.33 03/01/98 02/01/28 6.750 6.750 12.750 4.000
161628334 59,500.00 59,500.00 03/01/98 02/01/28 8.000 7.000 14.000 4.250
161628359 280,000.00 280,000.00 03/01/98 02/01/28 9.250 8.250 15.250 5.900
161580402 159,300.00 159,195.59 12/01/97 11/01/27 13.250 12.250 19.250 8.250
161580469 140,800.00 140,668.09 01/01/98 12/01/27 9.750 8.750 15.750 5.500
161582895 21,000.00 21,000.00 04/01/98 03/01/28 8.750 7.750 14.750 5.250
161584743 180,000.00 179,871.05 01/01/98 12/01/27 11.000 10.000 17.000 6.250
161586128 105,000.00 104,896.29 01/01/98 12/01/27 9.500 8.500 15.500 6.000
161589833 120,700.00 120,499.73 01/01/98 12/01/27 9.000 9.000 15.000 6.050
161593033 58,500.00 58,462.44 01/01/98 12/01/27 11.500 10.500 17.500 7.000
161593892 94,500.00 94,430.44 01/01/98 12/01/27 10.875 9.875 16.875 6.750
161594767 160,000.00 159,910.51 01/01/98 12/01/27 12.125 11.125 18.125 7.500
161596663 170,000.00 169,827.64 01/01/98 12/01/27 9.375 8.375 15.375 5.500
161600028 67,800.00 67,727.57 01/01/98 12/01/27 9.125 8.125 15.125 4.750
161600937 70,200.00 70,146.92 01/01/98 12/01/27 10.750 9.750 16.750 6.750
161602370 130,000.00 129,933.33 02/01/98 01/01/28 10.000 10.000 16.000 6.750
</TABLE>
<PAGE>
<TABLE>
ALLIANCE FUNDING SALE SCHEDULE A - GROUP 2, SUB-POOL IV
A DIVISION OF SUPERIOR BANK FSB 1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98 Page 12 3/25/98
<CAPTION>
Zip
Pool ID Account Name Address City State Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
321-02 161618459 BUNCH MICHAEL C 2602 EAST 17TH STREET INDIANAPOLI IN 46218
321-02 161619937 BROWN ANTHONY C 20145 PACKARD DETROIT MI 48234
321-02 161620372 HYRE LINDA E 3710 ERIN DRIVE INDIANAPOLI IN 46236
321-02 161620455 WEIDER JEROME D 1687 LAKESHORE DR TROY OH 45373
321-02 161621842 MCAFEE WARDELL 10144 SOUTH ELIZABETH CHICAGO IL 60643
321-02 161622105 PYLES WADE A 3705 BEECHER FLINT MI 48503
321-02 161623319 TYLER BERNARD E 13500 ROSEMARY OAK PARK MI 48237
321-02 161623335 CHEYNE VALORIE E 26345 NORMANDY FRANKLIN MI 48025
321-02 161623707 TRIGG LAFAYETTE C 27 CLIFF STREET DAYTON OH 45405
321-02 161624739 MCNALLY JOHN J JR 309 PALM WARBLER KIAWAH ISLA SC 29455
321-02 161624838 POTRS NIDAL 31170 APPLEWOOD FARMINGTON MI 48331
321-02 161627112 CONSENTINO LORRAINE 8144 MT OLIVET DETROIT MI 48234
321-02 161632054 SCHULTZ ANNEMARIE 16113 ROSEMONT DETROIT MI 48219
321-02 161633375 BETTENHAUSEN RUTH M 904 E CENTRAL RD MOUNT PROSP IL 60056
321-02 161634365 AKIN MICHAEL LEE 4121 SOUTH STATE ROAD 39 MOORESVILLE IN 46158
321-02 161586052 BERGERON JAMES H 9619 KINLOCH REDFORD MI 48239
321-02 161594940 BAKER RODNEY D JR 2400 NORTH SULPHUR SPRINGS W ALEXANDRI OH 45381
321-02 161598404 GRANT LEROY 6018 LAUREL HALL DRIVE INDIANAPOLI IN 46226
321-02 161599287 FERREE CLYDE S JR 419 N BROADWAY HAVANA IL 62644
321-02 161599972 SMITH BEVERLY J 4456 ABBY CREEK LANE INDIANAPOLI IN 46205
321-02 161602727 AUSTIN GEORGE 4216 BRUSH HILL ROAD NASHVILLE TN 37216
321-02 161605308 MUELLER NICHOLAS E 411 HERRICK ROAD RIVERSIDE IL 60546
321-02 161607361 FAROOQUI MOHAMMAD A 44 W 555 OAKSHIRE LANE HAMPSHIRE IL 60140
321-02 161609342 CALDWELL JAMES R 2302 DAVUE CIRCLE DAYTON OH 45406
321-02 161609359 CALDWELL JAMES R 2306 DAVUE CIRCLE DAYTON OH 45406
321-02 161610746 EUGENE DIEUSEUL 1303 WEST STATE STREET TRENTON NJ 08618
321-02 161611884 OLSEN JANET C 3714 CLEVELAND AVE BROOKFIELD IL 60513
321-02 161612338 MOORE BILLY 118 SOUTH ERVIN STREET DARLINGTON SC 29532
321-02 161612379 KURK STEPHAN W 190 OLD OAK DRIVE BUFFALO GRO IL 60089
321-02 161612916 MCELROY NEIL 331 & 331 1/2 PROSPECT AVE LIMA OH 45804
321-02 161613054 SMITH ALLEN B 3702 FILLMORE RD MCHENRY IL 60050
321-02 161614110 GEJDOS NINA Z 3014 HUNTINGTON ROAD SHAKER HTS OH 44120
321-02 161614342 LECOURS PAUL R 3895 EDENBORO NW GRAND RAPID MI 49504
321-02 161614805 COLLIER FINIS JR 5419 WEST MONROE STREET CHICAGO IL 60644
321-02 161614888 MARINAK WILLIAM R JR 36556 N NORMANDY DR LAKE VILLA IL 60046
321-02 161617402 SHARPE WILLIAM W 208 27TH ST S CHICAGO H IL 60411
321-02 161617410 STAMPS BEVERLY 1053 NORTH PARKSIDE AVENUE CHICAGO IL 60651
321-02 161618053 JOHNSON HOWARD F RR2 BOX 10-38 GRAND PASS MO 65339
321-02 161618921 GATES ARTHUR C JR 12700 WALDORF DRIVE LYNWOOD CA 90262
321-02 161619267 COLLINS SUSIE 109 FOWLER FORD ROAD PORTLAND TN 37148
321-02 161620737 HENDERSON ROBERT L 349 WEST SPRING STREET BLOOMFIELD IN 47424
321-02 161620752 COOMER TIMOTHY D 2710 MAGNOLIA COURT COLUMBUS IN 47203
321-02 161623749 BOGGS ROBERT F 1166 ACTON ROAD COLUMBUS OH 43224
321-02 161624283 MOOREHOUSE ANN 2210 WEST BERWYN CHICAGO IL 60625
321-02 161625199 EDLUND MAURICE E 601 E BUTTER ROAD YORK PA 17402
321-02 161625371 DOMKOWSKI BARBARA J 168 QUINCY AVENUE RIVERSIDE IL 60846
321-02 161626536 ZELDENRUST RANDY L 110 W CHURCH STREET HEBRON IN 46341
321-02 161630108 BARNER CHARLES R 2694 GOLDWOOD DRIVE ROCKY RIVER OH 44116
321-02 161632237 DEFAZIO FRANK A JR 321 WIRTZ ROAD CROWN POINT IN 46307
321-02 161625876 LARA JOSE G 12857 SOUTH MARQUETTE CHICAGO IL 60633
321-02 161631981 STEELE DESMOND 24130 PHILIP SOUTHFIELD MI 48075
------------------------------------------------
194 Sale Total
740 Grand Total Sub-Pool IV
</TABLE>
<TABLE>
<CAPTION>
Principal Cut-off Date First Initial Minimum Maximum
Balance at Principal Payment Maturity Mortgage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
161618459 40,000.00 40,000.00 04/01/98 03/01/28 11.250 10.250 17.250 7.500
161619937 54,400.00 54,400.00 03/01/98 02/01/28 9.500 8.500 15.500 5.700
161620372 51,000.00 51,000.00 04/01/98 03/01/28 8.375 7.375 14.375 5.000
161620455 200,000.00 200,000.00 03/01/98 02/01/28 12.500 11.500 18.500 9.400
161621842 48,000.00 47,986.27 03/01/98 02/01/28 12.000 11.000 18.000 7.900
161622105 51,000.00 51,000.00 03/01/98 02/01/28 11.000 10.000 17.000 7.300
161623319 88,400.00 88,400.00 04/01/98 03/01/28 11.875 10.875 17.875 8.050
161623335 228,000.00 227,947.87 03/01/98 02/01/28 13.000 12.000 19.000 9.400
161623707 48,100.00 48,062.61 03/01/98 02/01/28 10.625 9.625 16.625 6.800
161624739 322,500.00 322,500.00 04/01/98 03/01/28 9.750 8.750 15.750 6.500
161624838 170,000.00 170,000.00 04/01/98 03/01/28 8.375 7.375 14.375 5.000
161627112 18,500.00 18,500.00 03/01/98 02/01/28 9.875 8.875 15.875 6.550
161632054 113,300.00 113,300.00 04/01/98 03/01/28 9.750 8.750 15.750 6.650
161633375 123,000.00 123,000.00 04/01/98 03/01/28 7.625 6.625 13.625 4.500
161634365 64,800.00 64,800.00 04/01/98 03/01/28 11.125 10.125 17.125 7.000
161586052 74,000.00 73,948.40 01/01/98 12/01/27 11.125 10.125 17.125 6.750
161594940 85,400.00 85,353.53 01/01/98 12/01/27 12.250 11.250 18.250 6.500
161598404 117,000.00 116,917.98 02/01/98 01/01/28 11.100 10.100 17.100 7.100
161599287 56,700.00 56,663.58 02/01/98 01/01/28 11.500 10.500 17.500 7.500
161599972 42,500.00 42,462.24 02/01/98 01/01/28 10.000 9.000 16.000 6.000
161602727 196,000.00 195,899.15 01/01/98 12/01/27 12.500 11.500 18.500 8.500
161605308 210,000.00 209,803.26 02/01/98 01/01/28 9.750 8.750 15.750 6.250
161607361 458,000.00 457,653.61 02/01/98 01/01/28 10.750 9.750 16.750 6.500
161609342 76,700.00 76,643.53 04/01/98 03/01/28 10.875 9.875 16.875 7.000
161609359 81,200.00 81,140.23 04/01/98 03/01/28 10.875 9.875 16.875 7.000
161610746 90,000.00 89,920.05 03/01/98 02/01/28 10.000 9.000 16.000 7.250
161611884 30,000.00 29,977.92 02/01/98 01/01/28 10.875 9.875 16.875 6.250
161612338 70,500.00 70,446.66 03/01/98 02/01/28 10.750 9.750 16.750 7.000
161612379 53,200.00 53,168.54 02/01/98 01/01/28 11.875 10.875 17.875 7.250
161612916 28,000.00 27,981.53 02/01/98 01/01/28 11.375 10.375 17.375 6.000
161613054 143,100.00 142,997.49 03/01/98 02/01/28 11.000 10.000 17.000 7.000
161614110 94,000.00 93,876.60 02/01/98 01/01/28 8.125 7.125 14.125 5.000
161614342 90,000.00 89,933.76 02/01/98 01/01/28 10.875 9.875 16.875 6.750
161614805 89,200.00 89,116.42 02/01/98 01/01/28 9.750 8.750 15.750 5.750
161614888 113,400.00 113,329.14 02/01/98 01/01/28 11.625 10.625 17.625 7.000
161617402 157,200.00 157,107.06 02/01/98 01/01/28 11.875 10.875 17.875 7.250
161617410 76,500.00 76,437.27 03/01/98 02/01/28 10.375 9.375 16.375 6.500
161618053 37,500.00 37,470.85 03/01/98 02/01/28 10.625 9.625 16.625 6.250
161618921 130,500.00 130,411.46 03/01/98 02/01/28 11.250 10.250 17.250 7.250
161619267 38,200.00 38,171.11 04/01/98 03/01/28 10.750 9.750 16.750 6.750
161620737 67,100.00 67,053.23 03/01/98 02/01/28 11.125 10.125 17.125 6.750
161620752 75,000.00 74,960.31 03/01/98 02/01/28 12.375 11.375 18.375 8.000
161623749 45,000.00 44,967.75 03/01/98 02/01/28 11.000 10.000 17.000 6.500
161624283 195,500.00 195,374.44 03/01/98 02/01/28 11.500 10.500 17.500 7.750
161625199 129,600.00 129,501.98 03/01/98 02/01/28 10.750 9.750 16.750 7.250
161625371 170,000.00 169,871.42 03/01/98 02/01/28 10.750 9.750 16.750 7.500
161626536 63,000.00 62,915.18 03/01/98 02/01/28 8.000 7.000 14.000 5.000
161630108 83,000.00 82,899.08 03/01/98 02/01/28 8.500 7.500 14.500 5.000
161632237 80,000.00 79,939.49 04/01/98 03/01/28 10.750 9.750 16.750 6.500
161625876 94,500.00 94,428.52 04/01/98 03/01/28 10.750 9.750 16.750 7.250
161631981 238,000.00 237,842.90 04/01/98 03/01/28 11.375 10.375 17.375 7.250
------------------------------ -----------------------------------------
22,629,795.00 22,620,514.01 10.334 9.459 16.364 6.684
92,666,650.00 92,611,037.81 10.371 9.581 16.423 6.726
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 1
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 78 800290793 PREWITT BARBARA JEAN 112,500.00 1 966.55 112,394.60
321-01 78 800315145 WALKER ADDIE 19,600.00 1 181.12 19,569.28
321-01 78 800323727 GOODMAN CHRIS 72,000.00 1 645.19 71,877.68
321-01 78 800336059 KNUDSEN ORVEST L 87,000.00 1 692.21 86,752.51
321-01 78 800336299 NORTON JOHN RICHARD 80,800.00 7 882.65 80,548.32
321-01 78 800367211 ALOMAR CARMEN 148,500.00 4 1,386.22 148,273.35
321-01 78 800368441 ZAMARRIPA ERASMO 72,250.00 1 561.95 72,077.54
321-01 78 800381345 SANDERS JAMES M JR 35,000.00 6 439.96 34,804.60
321-01 78 800386120 HOLT TRAVIS 81,450.00 1 752.67 81,354.66
321-01 78 800388431 PORTER DAVID L 54,400.00 7 529.49 54,186.75
321-01 78 800394413 GARRISON DALE L 35,615.00 7 366.34 35,584.13
321-01 78 800397002 FURNESS GEORGE H 128,600.00 1 1,188.39 128,500.08
321-01 78 800401846 MAGARRELL JAMES N 112,500.00 1 1,039.61 112,368.29
321-01 78 800404931 BLANKENSOP CHARLENE R 42,000.00 1 427.98 41,962.56
321-01 78 800406712 LEWIS VERNON T JR 123,250.00 1 1,208.79 123,127.40
321-01 78 800408528 RASER SCOTT 29,700.00 1 285.65 29,668.92
321-01 78 800412330 COHRS MARK C 113,050.00 1 1,055.30 112,964.50
321-01 78 800415291 BIMBER DOUGLAS E 68,000.00 1 628.39 67,947.15
321-01 78 800415739 BELLES JOSEPH 74,400.00 1 772.46 74,337.87
321-01 78 800417602 MAJOR CLYDE 27,000.00 1 262.24 26,981.69
321-01 78 800418865 STRINGER MICHAEL D 202,500.00 1 1,871.30 202,262.93
321-01 78 800420663 WILCZYNSKI JOHN 98,600.00 1 976.43 98,067.45
321-01 78 800422107 LAMBERT KIM D 67,070.00 6 619.79 66,964.85
321-01 78 800422735 MILLER STEPHEN B 101,200.00 1 963.75 101,127.51
321-01 78 800424202 EVANS ERIC H 50,800.00 1 469.44 50,720.36
321-01 78 800428633 SANASARIAN HAROUT 85,000.00 1 801.46 84,905.71
321-01 78 800429276 SWENSON REGINA M 140,000.00 3 1,027.27 139,906.06
321-01 78 800440141 FELGENTREFF PEGGY LEE 69,000.00 1 696.49 68,979.14
321-01 78 800444853 CUNNINGHAM SHARON ANNE 79,900.00 1 783.63 79,847.27
321-01 78 800449258 WALTHIUS ROSE ANNA 62,340.00 1 479.34 62,302.23
321-01 78 800453672 ROSSI DANNY 975,000.00 1 8,646.52 974,156.54
321-01 78 800458945 GOLDSBOROUGH CLIFFORD E 147,600.00 1 1,281.68 147,465.34
321-01 78 800460057 JOSEPH AMY 76,000.00 1 789.07 76,000.00
321-01 78 800461808 MALJEVAC JOEANNE 70,125.00 1 654.60 70,071.97
321-01 78 800465551 ELLIS GREGORY C 105,000.00 1 761.32 105,000.00
321-01 78 800467078 MAES CORRINE V 36,750.00 6 385.10 36,750.00
321-01 78 800473761 CHUMACEIRO ROLANDO 232,550.00 1 2,392.04 232,483.46
321-01 78 800474728 MYERS MICHAEL 64,000.00 1 627.69 63,978.98
321-01 78 800476988 CORRIA WILLIAM F 89,250.00 1 833.13 89,250.00
321-01 78 800482424 CURRAN JAMES 130,500.00 8 1,133.19 130,440.72
321-01 78 800495178 SORIANO GABRIEL 64,000.00 4 486.45 64,000.00
321-01 78 800497133 LIND ALESSANDRA 21,375.00 1 223.99 21,363.36
321-01 78 800507881 BOUILLERCE FREDERICK 280,500.00 1 2,777.77 280,410.35
321-01 78 800531907 ALESSI JOHN A 108,500.00 1 1,105.62 108,500.00
321-01 78 800532137 CLARK HAROLD C 40,000.00 1 415.30 40,000.00
321-01 78 800532186 RASBERRY MINNIE 144,000.00 5 1,237.18 144,000.00
321-01 78 800534307 ALATSIS KONSTANTIN N 139,200.00 1 1,418.45 139,159.05
321-01 78 800538142 MUIR MARGARET C 240,000.00 1 2,399.62 240,000.00
321-01 78 800546921 SOUTHERLAND BRIAN R 22,400.00 6 194.51 22,400.00
321-01 78 800548257 BROWN SYNEDA 50,400.00 1 513.58 50,400.00
321-01 78 800549602 BARNIER JANET HAFEN 65,325.00 3 615.94 65,325.00
321-01 78 800554743 BARBER PETER J JR 53,720.00 1 547.41 53,720.00
321-01 78 800556482 CONWAY DONALD L 36,000.00 1 332.67 36,000.00
321-01 78 800556714 SCOTT SHAWN 36,750.00 2 332.74 36,750.00
321-01 78 800569733 ROMANI TASIA 134,000.00 1 994.95 134,000.00
321-01 78 800570848 ROBINSON MARILYN D 45,500.00 1 454.93 45,500.00
321-01 78 800571051 SALVATI JERI M 90,000.00 1 668.25 90,000.00
321-01 78 800573461 BROWN HILTON JR 96,000.00 1 941.53 96,000.00
321-01 78 800584179 MONTERO DARIO M 61,200.00 1 449.06 61,200.00
321-01 78 800588808 WILSON NORWELL JR 71,500.00 7 738.01 71,500.00
321-01 78 800591034 RESSLER KENNEDY J 34,500.00 7 335.79 34,500.00
321-01 81 800239675 COUNTRYMAN ROBERT J 55,200.00 1 578.44 55,108.04
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800290793 90.0 12/01/99 9.750 125,000.00 Y
800315145 70.0 11/01/99 10.625 28,000.00 N
800323727 80.0 04/01/98 10.250 90,000.00 Y
800336059 75.0 09/01/98 8.875 116,000.00 Y
800336299 80.0 11/01/99 11.875 101,000.00 Y
800367211 90.0 11/01/99 10.750 165,000.00 Y
800368441 82.5 10/01/99 8.625 87,500.00 Y
800381345 63.6 12/01/99 12.875 55,000.00 Y
800386120 90.0 11/01/99 10.625 90,500.00 Y
800388431 85.0 11/01/99 10.125 64,000.00 Y
800394413 85.0 12/01/99 12.000 41,900.00 Y
800397002 89.9 12/01/99 10.625 142,900.00 Y
800401846 90.0 11/01/99 10.625 125,000.00 Y
800404931 80.0 11/01/99 11.875 52,500.00 Y
800406712 85.0 11/01/99 11.375 145,000.00 Y
800408528 90.0 11/01/99 11.125 33,000.00 Y
800412330 85.0 12/01/99 10.750 133,000.00 Y
800415291 80.0 12/01/99 10.625 85,000.00 Y
800415739 80.0 11/01/99 12.125 93,000.00 Y
800417602 60.0 12/01/99 11.250 45,000.00 N
800418865 75.0 12/01/99 10.625 270,000.00 Y
800420663 85.0 05/01/99 11.500 116,000.00 Y
800422107 85.9 11/01/99 10.625 78,000.00 Y
800422735 80.0 06/01/98 11.000 126,500.00 Y
800424202 80.0 11/01/99 10.625 63,500.00 Y
800428633 85.0 11/01/99 10.875 100,000.00 Y
800429276 60.8 08/01/98 8.000 230,000.00 Y
800440141 84.6 01/01/00 11.750 81,500.00 Y
800444853 85.0 12/01/99 11.375 94,000.00 Y
800449258 85.9 01/01/00 8.500 72,500.00 Y
800453672 65.0 06/01/98 10.125 1,500,000.00 Y
800458945 90.0 12/01/99 9.875 164,000.00 Y
800460057 80.0 02/01/00 12.125 95,000.00 Y
800461808 85.0 12/01/99 10.750 82,500.00 Y
800465551 82.6 03/01/00 7.875 127,000.00 Y
800467078 75.0 02/01/00 12.250 49,000.00 Y
800473761 70.8 01/01/00 12.000 328,000.00 Y
800474728 85.3 01/01/00 11.375 75,000.00 Y
800476988 85.0 02/01/00 10.750 105,000.00 Y
800482424 90.0 01/01/00 9.875 145,000.00 Y
800495178 75.2 02/01/00 8.375 85,000.00 Y
800497133 75.0 01/01/00 12.250 28,500.00 Y
800507881 85.0 01/01/00 11.500 330,000.00 Y
800531907 77.5 02/01/00 11.875 140,000.00 Y
800532137 76.9 02/01/00 12.125 52,000.00 Y
800532186 90.0 02/01/00 9.750 160,000.00 Y
800534307 80.0 01/01/00 11.875 174,000.00 Y
800538142 44.4 02/01/00 11.625 540,000.00 N
800546921 80.0 03/01/00 9.875 28,000.00 Y
800548257 80.0 02/01/00 11.875 63,000.00 Y
800549602 65.0 03/01/00 10.875 100,500.00 N
800554743 54.2 03/01/00 11.875 99,000.00 Y
800556482 80.0 03/01/00 10.625 45,000.00 Y
800556714 75.0 02/01/00 10.375 49,000.00 Y
800569733 50.0 03/01/00 8.125 268,000.00 Y
800570848 63.1 03/01/00 11.625 72,000.00 Y
800571051 81.8 03/01/00 8.125 110,000.00 Y
800573461 80.0 02/01/00 11.375 120,000.00 Y
800584179 85.0 03/01/00 8.000 72,000.00 Y
800588808 83.1 03/01/00 11.000 86,000.00 Y
800591034 75.0 03/01/00 10.125 46,000.00 Y
800239675 80.0 08/01/99 12.250 69,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 2
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 81 800331225 WARREN JAMES D 96,000.00 1 772.44 95,733.84
321-01 81 800344871 SCHAFFER GLORIA 72,250.00 1 674.44 72,139.73
321-01 81 800349367 FUSARO GEORGE SR 133,025.00 1 1,155.12 132,903.63
321-01 81 800354821 CHANDLER RORI F 112,500.00 1 1,146.38 112,331.20
321-01 81 800409666 CASTELLANI JOSEPH M 65,600.00 1 606.21 65,574.90
321-01 81 800414088 PENNINGTON JOHN C 75,600.00 1 712.83 75,572.61
321-01 81 800420713 MARTINEZ GLADYS 43,000.00 1 417.65 42,941.73
321-01 81 800425845 STRITTMATTER SCOTT 61,600.00 1 621.80 61,562.55
321-01 81 800428013 CARNEY DAVID E 144,000.00 1 1,107.24 143,824.90
321-01 81 800429086 ANDERSON SARA B 48,800.00 1 478.62 48,783.96
321-01 81 800444895 HASS JAMES C 98,100.00 1 906.54 97,985.15
321-01 81 800446031 MONGEUR VAN A 44,000.00 1 414.87 43,983.88
321-01 81 800451288 PETERS LAURA 237,600.00 1 2,173.42 237,505.58
321-01 81 800457566 RODRIGUEZ DOMINGO A 99,000.00 4 859.66 99,000.00
321-01 81 800457798 FINCH BRENDA JOYCE 42,750.00 6 447.98 42,724.72
321-01 81 800465262 BARKER MARILYN L 37,500.00 1 378.53 37,488.66
321-01 81 800466039 ROBERTSON ANTONIO 48,000.00 1 498.36 47,986.64
321-01 81 800467656 GENTRY JOANNE L 30,000.00 7 323.09 29,992.53
321-01 81 800472375 OSHIN-MARTIN MORONKE 259,200.00 1 2,250.76 259,083.00
321-01 81 800473878 WEST JOSEPH KELLY 142,200.00 8 1,221.72 142,066.78
321-01 81 800474603 SMITH OBIE 21,000.00 1 194.06 20,983.69
321-01 81 800476905 MCARDLE DAVID B 117,900.00 1 1,111.67 117,900.00
321-01 81 800477218 JOHNSON DANIEL EDWIN 119,000.00 1 1,144.52 118,958.71
321-01 81 800478935 KERMIZIS MICHAEL J 900,000.00 1 7,815.14 899,178.86
321-01 81 800479719 SEBELE LETANG 101,600.00 1 957.98 101,562.77
321-01 81 800480576 PINNOCK JOSLYN PAUL 195,500.00 1 1,824.96 195,500.00
321-01 81 800480642 WATKINS JACKIE I 57,375.00 3 573.66 57,357.16
321-01 81 800481327 FINCH SCOTT A 264,000.00 1 2,100.50 263,852.00
321-01 81 800482036 BAYSINGER LUKE A 74,200.00 1 685.68 74,171.30
321-01 81 800483265 GONZALEZ RENE 99,200.00 2 898.16 99,200.00
321-01 81 800483422 LATONOA LESIELI 88,400.00 1 825.20 88,400.00
321-01 81 800486136 BROWN ANDREW W 123,200.00 1 1,196.59 123,158.41
321-01 81 800487233 BRADER ROBERT 164,700.00 1 1,237.34 164,382.74
321-01 81 800487316 FLATT GERALD E 63,750.00 1 589.12 63,700.44
321-01 81 800487381 BARRIOS MARIA DEL CARMEN 59,000.00 1 545.22 58,954.15
321-01 81 800487795 ESPOSITO DIANA 220,000.00 3 2,412.16 219,948.26
321-01 81 800490856 HEREDIA JOSE L 67,150.00 1 633.16 67,125.39
321-01 81 800492373 SANCHEZ CARLOS JR 130,500.00 3 1,169.41 130,390.09
321-01 81 800494452 SARRAN GHANSHAM 140,000.00 4 1,177.20 140,000.00
321-01 81 800494593 SERING ANTONIO 106,250.00 1 1,113.39 106,250.00
321-01 81 800498412 MURRAY FRANKIE E 70,000.00 1 660.02 70,000.00
321-01 81 800498800 LIVORIO WILLIAM F 500,000.00 1 4,620.48 499,611.49
321-01 81 800499501 DOUGHERTY TIMOTHY D 167,875.00 1 1,598.71 167,815.14
321-01 81 800500407 CERDA LEONARDO M 92,720.00 1 856.82 92,647.96
321-01 81 800500928 REYNOLDS KENNETH 128,800.00 5 1,118.43 128,800.00
321-01 81 800504672 MANWARREN CLARK W 148,800.00 1 1,431.13 148,748.37
321-01 81 800504789 RODRIQUEZ MAYRA 234,000.00 3 2,206.36 233,914.27
321-01 81 800509143 DYER MICHELLE 148,750.00 1 1,558.75 148,709.74
321-01 81 800511784 MEJIA DORA E 68,000.00 3 673.40 68,000.00
321-01 81 800512873 GREGA SUSAN M 134,300.00 1 1,241.06 134,248.05
321-01 81 800513798 PRIOLO ANTHONY 184,875.00 3 1,795.62 184,875.00
321-01 81 800514366 JAMIL SYED 119,000.00 1 862.83 119,000.00
321-01 81 800514952 PEIFER DENNIS DAVID 25,500.00 1 238.04 25,490.40
321-01 81 800515926 PIERATT STEVEN J 155,700.00 1 1,438.82 155,639.77
321-01 81 800516718 KOVACEV GEORGE 39,950.00 3 384.24 39,936.30
321-01 81 800516965 DAY DENNIS J 120,000.00 1 922.70 120,000.00
321-01 81 800517369 BRUNO ANN 78,200.00 1 737.34 78,142.44
321-01 81 800517583 TULISIAK DANIEL J 89,898.00 1 959.44 89,898.00
321-01 81 800518110 TRILL PHILIP L 133,000.00 1 1,229.05 132,948.55
321-01 81 800518284 SANDERS JACQUE S 70,550.00 1 658.57 70,496.64
321-01 81 800519712 DURAN TIMOTHY E 122,400.00 1 908.82 122,400.00
321-01 81 800520645 LINARIS NIKOLAS 132,000.00 1 1,332.42 131,879.06
321-01 81 800522161 COOPER HARRY 84,500.00 1 836.80 84,500.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800331225 80.0 09/01/99 9.000 120,000.00 Y
800344871 85.0 10/01/99 10.750 85,000.00 Y
800349367 85.0 06/01/98 9.875 156,500.00 Y
800354821 80.3 10/01/99 11.875 140,000.00 Y
800409666 80.0 01/01/00 10.625 82,000.00 Y
800414088 90.0 01/01/00 10.875 84,000.00 Y
800420713 89.7 11/01/99 11.250 47,900.00 Y
800425845 80.0 12/01/99 11.750 77,000.00 Y
800428013 90.0 06/01/98 8.500 160,000.00 Y
800429086 80.0 07/01/98 11.375 61,000.00 Y
800444895 90.0 11/01/99 10.625 109,000.00 Y
800446031 69.8 07/01/98 10.875 63,000.00 Y
800451288 80.0 07/01/98 10.500 297,000.00 Y
800457566 90.0 02/01/00 9.875 110,000.00 Y
800457798 75.0 11/14/99 12.250 57,000.00 Y
800465262 75.0 01/01/00 11.750 50,000.00 Y
800466039 80.0 02/01/00 12.125 60,000.00 Y
800467656 75.0 01/01/00 12.625 40,000.00 Y
800472375 90.0 01/01/00 9.875 288,000.00 Y
800473878 90.0 12/01/99 9.750 158,000.00 Y
800474603 75.0 12/01/99 10.625 28,000.00 Y
800476905 90.0 02/01/00 10.875 131,000.00 Y
800477218 85.0 01/01/00 11.125 140,000.00 Y
800478935 75.0 12/01/99 9.875 1,200,000.00 Y
800479719 80.0 01/01/00 10.875 127,000.00 Y
800480576 85.0 02/01/00 10.750 230,000.00 Y
800480642 85.0 02/01/00 11.625 67,500.00 Y
800481327 80.0 01/01/00 8.875 330,000.00 Y
800482036 70.0 01/01/00 10.625 106,000.00 Y
800483265 80.0 02/01/00 10.375 124,000.00 Y
800483422 85.0 02/01/00 10.750 104,000.00 Y
800486136 80.0 01/01/00 11.250 154,000.00 Y
800487233 90.0 06/01/98 8.250 183,000.00 Y
800487316 85.0 12/01/99 10.625 75,000.00 Y
800487381 84.2 12/01/99 10.625 70,000.00 Y
800487795 80.0 01/01/00 12.875 275,000.00 Y
800490856 85.0 01/01/00 10.875 79,000.00 Y
800492373 90.0 06/01/98 10.250 145,000.00 Y
800494452 80.0 02/01/00 9.500 175,000.00 Y
800494593 85.0 02/01/00 12.250 125,000.00 Y
800498412 70.0 02/01/00 10.875 100,000.00 Y
800498800 76.1 02/01/00 10.625 657,000.00 Y
800499501 85.0 07/01/98 11.000 197,501.00 Y
800500407 80.0 01/01/00 10.625 115,900.00 Y
800500928 80.0 02/01/00 9.875 161,000.00 N
800504672 80.0 01/01/00 11.125 186,000.00 Y
800504789 90.0 01/01/00 10.875 260,000.00 Y
800509143 85.0 01/01/00 12.250 175,000.00 Y
800511784 80.0 02/01/00 11.500 85,000.00 Y
800512873 85.0 02/01/00 10.625 158,000.00 Y
800513798 85.9 02/01/00 11.250 215,000.00 Y
800514366 65.0 03/01/00 7.875 183,000.00 Y
800514952 85.0 01/01/00 10.750 30,000.00 Y
800515926 90.0 08/01/98 10.625 173,000.00 Y
800516718 85.0 01/01/00 11.125 47,000.00 Y
800516965 74.5 02/01/00 8.500 161,000.00 Y
800517369 85.0 02/01/00 10.875 92,000.00 Y
800517583 80.9 03/01/00 12.500 111,000.00 Y
800518110 73.0 02/01/00 10.625 182,000.00 Y
800518284 85.0 01/01/00 10.750 83,000.00 Y
800519712 90.0 02/01/00 8.125 136,000.00 Y
800520645 80.0 06/01/98 11.750 165,000.00 Y
800522161 68.6 03/01/00 11.500 123,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 3
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 81 800522955 KAMEL NELLY NAGUIB 275,366.00 1 2,832.45 275,366.00
321-01 81 800523490 WALKER SONYA 119,400.00 1 1,125.81 119,400.00
321-01 81 800524613 WELLS NICK 459,000.00 1 4,371.16 458,836.34
321-01 81 800524837 MARSH JOHN C 80,000.00 1 830.60 80,000.00
321-01 81 800525248 MIRAFIORE ANTONELLA 129,200.00 1 1,193.93 129,200.00
321-01 81 800525297 WATSON LYDIA R 84,000.00 1 872.12 83,976.63
321-01 81 800525438 ROGERS LESLIE K 123,000.00 8 1,159.76 122,954.94
321-01 81 800526220 MARTINEZ ELIZABETH 67,500.00 3 586.13 67,469.34
321-01 81 800526501 PARDO RICARDO M 63,000.00 8 558.70 63,000.00
321-01 81 800528606 ITTERLY ALLAN 78,000.00 1 742.81 78,000.00
321-01 81 800529398 TORRANS JAMES ARDEN 74,375.00 1 591.76 74,333.31
321-01 81 800530933 ROSE GILBERT LEE 166,825.00 8 1,312.41 166,825.00
321-01 81 800532079 CRUZ JUAN SR 144,000.00 3 1,223.98 143,931.02
321-01 81 800532632 KELLEY LARRY WAYNE 106,000.00 8 1,009.46 106,000.00
321-01 81 800532897 COEUR-BARRON BRENT H 112,000.00 8 1,034.99 111,912.97
321-01 81 800535080 ROCKWELL GARY J SR 112,000.00 8 972.55 112,000.00
321-01 81 800535502 RANDAZZO JOSEPH 32,000.00 1 234.80 32,000.00
321-01 81 800535569 ROBINSON DEBORAH H 121,125.00 1 1,130.68 121,125.00
321-01 81 800535635 CROWELL NAPOLEON L III 78,600.00 1 785.87 78,600.00
321-01 81 800537649 KRIVICKAS SARA 117,000.00 1 1,192.23 117,000.00
321-01 81 800537839 PACCHINI STELVIO 224,953.00 1 1,650.62 224,953.00
321-01 81 800538134 JOHNS RICHARD 341,600.00 8 2,687.37 341,403.46
321-01 81 800538266 ADAMS SHERRY J 121,125.00 1 920.64 121,049.71
321-01 81 800539405 CHEADLE B IRSA 446,250.00 1 3,391.82 445,972.63
321-01 81 800539447 OWNBY DENNIS ROY 130,900.00 1 1,258.97 130,900.00
321-01 81 800539520 BOYLE LAWRENCE J 110,075.00 8 1,079.58 110,075.00
321-01 81 800539850 YAN BING QIN 45,900.00 2 348.87 45,863.33
321-01 81 800539975 CHEN WEI 24,000.00 2 186.67 23,985.83
321-01 81 800541161 LOGUE BERNARD J 54,600.00 1 561.63 54,584.38
321-01 81 800541849 SALERNO STEPHEN A 124,600.00 1 1,163.12 124,600.00
321-01 81 800542458 WHEELER SABRYNA SHELTON 31,900.00 3 285.86 31,900.00
321-01 81 800544298 RICH MARLOW E 307,000.00 1 2,442.63 306,827.89
321-01 81 800544322 RINGLER DAVID V 602,000.00 8 4,952.50 602,000.00
321-01 81 800544876 INGRAM WILLIAM P 588,000.00 1 5,991.72 587,827.03
321-01 81 800545287 ROGOWSKY MARTIN 197,200.00 1 1,971.68 197,200.00
321-01 81 800545410 MANNING MYRTLE E 32,600.00 6 340.42 32,600.00
321-01 81 800545493 PATRICK MICHAEL 79,475.00 1 794.62 79,475.00
321-01 81 800546350 MASON JAMES R 157,250.00 1 1,482.70 157,192.38
321-01 81 800547192 IVEY PAM 53,465.00 1 499.09 53,465.00
321-01 81 800547234 NELSON BARRY L 85,425.00 4 757.57 85,425.00
321-01 81 800549560 HESS FREDERICK D 169,150.00 1 1,594.90 169,150.00
321-01 81 800551863 PINEDO ALICE M 124,000.00 4 835.41 124,000.00
321-01 81 800552515 PATTERSON SHANE E 94,000.00 1 886.32 94,000.00
321-01 81 800552523 VIENEY TERRY W SR 78,000.00 3 691.72 78,000.00
321-01 81 800552572 BRAXTON SHELTON 56,950.00 1 547.73 56,950.00
321-01 81 800553513 CASTILLO MANUEL L 110,500.00 1 899.06 110,500.00
321-01 81 800553554 PANSINI JOSEPH Q 97,600.00 1 957.23 97,567.94
321-01 81 800553950 RARICK EDWARD B 96,300.00 8 854.01 96,258.52
321-01 81 800555971 APONTE LOUIS RAUL 121,500.00 1 1,168.56 121,500.00
321-01 81 800556268 SCIMECA CHUCK 115,990.00 8 1,050.18 115,990.00
321-01 81 800556300 ALBERTE PAUL C 100,700.00 5 792.21 100,700.00
321-01 81 800557324 HOWARD GARY 84,000.00 1 855.96 84,000.00
321-01 81 800558272 CAREY DAVID A 33,500.00 3 354.29 33,500.00
321-01 81 800558686 RATLIFF ZANE C 99,450.00 1 809.16 99,450.00
321-01 81 800559312 YOUNGBLOOD BRYON D 55,000.00 7 526.21 55,000.00
321-01 81 800559320 RICHARDSON THOMAS 72,000.00 1 625.21 71,934.31
321-01 81 800560047 NGUYEN HA T 36,000.00 1 363.39 36,000.00
321-01 81 800560997 SALCEDO RIZALINO M 143,910.00 4 1,262.92 143,846.34
321-01 81 800561292 COPPOLA VINCENT M 32,000.00 2 304.74 32,000.00
321-01 81 800562472 HARRINGTON CYNTHIA 105,400.00 2 838.61 105,340.91
321-01 81 800563140 STEVENS DARRYL C 276,200.00 1 2,099.32 276,028.33
321-01 81 800563892 ABRUZZI MARTA 77,350.00 1 736.63 77,350.00
321-01 81 800565392 LEZARON HILDE B 170,850.00 3 1,562.83 170,850.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800522955 80.9 08/01/98 12.000 340,000.00 Y
800523490 89.9 02/01/00 10.875 132,720.00 Y
800524613 85.0 01/01/00 11.000 540,000.00 Y
800524837 80.0 02/01/00 12.125 100,000.00 Y
800525248 85.0 02/01/00 10.625 152,000.00 Y
800525297 80.0 01/01/00 12.125 105,000.00 Y
800525438 84.8 01/01/00 10.875 145,000.00 Y
800526220 90.0 02/01/00 9.875 75,000.00 Y
800526501 90.0 02/01/00 10.125 70,000.00 Y
800528606 79.1 03/01/00 11.000 98,500.00 Y
800529398 85.0 01/01/00 8.875 87,500.00 Y
800530933 80.0 02/01/00 8.750 208,532.00 Y
800532079 90.0 02/01/00 9.625 160,000.00 Y
800532632 80.0 08/01/98 11.000 132,500.00 Y
800532897 80.0 01/01/00 10.625 140,000.00 Y
800535080 80.0 03/01/00 9.875 140,000.00 Y
800535502 80.0 08/01/98 8.000 40,000.00 Y
800535569 85.0 02/01/00 10.750 142,500.00 Y
800535635 84.9 02/01/00 11.625 92,500.00 Y
800537649 75.5 02/01/00 11.875 154,900.00 Y
800537839 85.0 02/01/00 8.000 264,650.00 Y
800538134 80.0 07/01/98 8.750 427,000.00 Y
800538266 85.0 01/01/00 8.375 142,500.00 Y
800539405 85.0 01/01/00 8.375 525,000.00 Y
800539447 85.0 02/01/00 11.125 154,000.00 Y
800539520 85.0 02/01/00 11.375 129,500.00 Y
800539850 85.0 01/01/00 8.375 54,000.00 Y
800539975 80.0 01/01/00 8.625 30,000.00 Y
800541161 70.0 02/01/00 12.000 78,000.00 Y
800541849 85.9 02/01/00 10.750 145,000.00 Y
800542458 69.9 08/01/98 10.250 45,600.00 N
800544298 74.8 07/01/98 8.875 410,000.00 Y
800544322 70.0 08/01/98 9.250 860,000.00 Y
800544876 60.0 01/01/00 11.875 980,000.00 Y
800545287 85.0 02/01/00 11.625 232,000.00 Y
800545410 74.0 03/01/00 9.500 44,000.00 Y
800545493 85.0 02/01/00 11.625 93,500.00 Y
800546350 85.0 01/01/00 10.875 185,000.00 Y
800547192 85.0 08/01/98 10.750 62,900.00 Y
800547234 75.0 02/01/00 10.125 113,900.00 N
800549560 85.0 02/01/00 10.875 199,000.00 Y
800551863 86.7 02/01/00 7.125 143,000.00 Y
800552515 78.3 02/01/00 10.875 119,900.00 Y
800552523 88.6 03/01/00 10.125 88,000.00 Y
800552572 85.0 02/01/00 11.125 67,000.00 Y
800553513 85.0 03/01/00 9.125 130,000.00 Y
800553554 80.0 01/01/00 11.375 122,000.00 Y
800553950 90.0 02/01/00 10.125 107,000.00 Y
800555971 90.0 02/01/00 11.125 135,000.00 Y
800556268 85.0 02/01/00 10.375 136,459.00 Y
800556300 79.9 02/01/00 8.750 125,900.00 N
800557324 80.0 08/01/98 11.875 105,000.00 Y
800558272 85.8 02/01/00 12.375 39,000.00 Y
800558686 85.0 02/01/00 9.125 117,000.00 Y
800559312 73.3 02/01/00 9.875 75,000.00 Y
800559320 90.0 03/01/00 9.875 80,000.00 Y
800560047 80.0 08/01/98 11.750 45,000.00 Y
800560997 90.0 01/01/00 10.000 159,900.00 Y
800561292 80.0 03/01/00 11.000 40,000.00 Y
800562472 85.0 02/01/00 8.875 124,000.00 Y
800563140 84.9 01/27/00 8.375 325,000.00 Y
800563892 85.0 02/01/00 11.000 91,000.00 Y
800565392 85.0 08/01/98 10.500 201,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 4
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 81 800566176 LUCAS LISA 60,945.00 1 574.64 60,945.00
321-01 81 800567398 WILLIAMS DANNY L 154,000.00 1 1,308.98 154,000.00
321-01 81 800567778 FORTUNE MYRA 38,400.00 1 391.30 38,400.00
321-01 81 800568610 SCHOEN CLAUDIA D 165,750.00 1 1,720.89 165,750.00
321-01 81 800572257 LUCK SHERRY L 173,800.00 2 1,414.09 173,800.00
321-01 81 800573958 BEANS JIMMY L 40,000.00 1 407.60 40,000.00
321-01 81 800575797 WEBER THOMAS J 350,000.00 1 2,816.18 350,000.00
321-01 81 800576852 NADAL PEDRO 58,400.00 1 550.65 58,400.00
321-01 81 800577736 BILANCIA ROBERT P 188,000.00 1 1,790.37 188,000.00
321-01 81 800578197 FORTNER VALERIE 110,500.00 1 1,083.74 110,427.07
321-01 81 800578692 ALLEN DOROTHY 39,200.00 2 311.89 39,200.00
321-01 81 800582868 ADAMS SCARLETT 71,200.00 1 725.53 71,200.00
321-01 81 800583338 STEPHAN LAYTH 148,000.00 1 1,073.10 148,000.00
321-01 81 800583742 BRIDGES RANDAL M 67,500.00 1 674.89 67,479.02
321-01 81 800585416 AVERY JAMES 28,900.00 7 315.70 28,900.00
321-01 81 800587669 RUDINOFF JOHN JEFFREY 126,450.00 1 983.52 126,000.00
321-01 81 800588626 OWENS JOSEPH 72,000.00 1 733.68 72,000.00
321-01 81 800589293 BARRAGAN JOSIE C 552,000.00 1 4,195.60 552,000.00
321-01 81 800592545 YOUNG PHILIP 512,000.00 1 4,731.38 512,000.00
321-01 81 800593436 MIAH MOHAMMED BABUL 220,500.00 3 1,914.71 220,500.00
321-01 81 800593444 FRANCE JASON RAY 67,500.00 7 449.08 67,500.00
321-01 81 800594772 HILEMAN ANDE CYNTHIA JANE 350,000.00 8 2,942.98 349,654.34
321-01 81 800602260 YOUNG CLINT E 101,150.00 1 972.84 101,150.00
321-01 81 800604217 ALVIES KENNETH 52,200.00 1 443.69 52,200.00
321-01 81 800605776 BUCHLI DAVID J 299,900.00 8 2,467.21 299,900.00
321-01 81 800608952 CAMERON KEITH C 68,000.00 1 553.27 68,000.00
321-01 81 800619389 DOMINGUEZ JULIAN 53,600.00 4 440.96 53,600.00
321-01 81 800619439 LOFGREEN BARBARA J 114,000.00 8 1,064.17 114,000.00
321-01 81 800620429 WHITELEY SUE A 92,000.00 3 715.57 92,000.00
321-01 81 800621138 LAWAN WANNAPORN 66,500.00 1 529.10 66,500.00
321-01 81 800641417 CIPRIAN FELIX 167,450.00 1 1,516.10 167,450.00
321-01 82 180160962 CORRADO SANDRA D 122,650.00 1 1,155.84 122,116.45
321-01 82 800223414 PAXTON ELAINE 119,200.00 1 1,024.11 118,599.02
321-01 82 800332165 LAWSON LAURA P 87,000.00 1 812.13 86,867.21
321-01 82 800342149 HANNAN JOSEPH J 62,050.00 1 585.07 61,957.85
321-01 82 800374647 LENAHAN MAUREEN 251,000.00 1 2,850.32 250,675.59
321-01 82 800383499 CAVAGNARO PAUL 110,000.00 1 855.57 109,869.65
321-01 82 800390643 FOWLKES STEVEN H 74,381.00 1 750.81 74,266.29
321-01 82 800399008 JOHNS ROBERT A 73,100.00 1 787.27 73,063.11
321-01 82 800399859 DUCLAU RICHARD A 73,000.00 1 722.91 72,929.34
321-01 82 800402216 BAIRD SHIRLEY 142,200.00 3 1,314.07 142,033.51
321-01 82 800402851 CONWAY THOMAS J 73,000.00 1 736.87 72,933.12
321-01 82 800404238 WOMACK MICHAEL S 76,000.00 7 730.95 75,973.63
321-01 82 800410359 SCHLICHER DAVID 132,050.00 1 1,122.41 131,858.69
321-01 82 800414013 OWENS MARK 45,500.00 3 429.02 45,483.32
321-01 82 800416067 WILLIE RICHARD A 106,250.00 1 1,092.91 106,150.63
321-01 82 800417289 JOHNSON MELISSA WHITE 173,700.00 1 1,637.80 173,636.36
321-01 82 800417461 MYLER TERRANCE S 136,800.00 1 1,264.16 136,693.71
321-01 82 800418683 LAKIN ROSEMARY 95,000.00 1 940.78 94,908.03
321-01 82 800424301 MAHAN EDDIE R 68,000.00 1 660.46 67,953.86
321-01 82 800424491 HANSEN JEFFREY M 92,000.00 3 1,071.90 91,964.33
321-01 82 800425001 GORENSTEIN DAVID 250,400.00 1 2,128.38 250,159.11
321-01 82 800426777 KASSIM ABDUL 135,000.00 1 1,349.77 134,915.68
321-01 82 800428898 ZANOLINI WILLIAM J 39,000.00 1 371.41 38,986.09
321-01 82 800429508 OBIDINSKI MARY RUTH 88,000.00 1 813.21 87,931.98
321-01 82 800431330 KIRK SHAWASKI 50,400.00 4 451.64 50,357.54
321-01 82 800431975 PROVOST JOE MELVIN 71,200.00 1 541.17 71,111.19
321-01 82 800436362 VICTORIAN STEPHANIE 429,250.00 1 3,376.92 428,754.27
321-01 82 800436602 KIRKPATRICK BRIAN KEVIN 122,400.00 8 1,006.95 122,272.61
321-01 82 800438079 DAVIDSON ROBERT JR 103,500.00 1 995.44 103,331.57
321-01 82 800438210 ZEOLI CARMINE 129,000.00 1 1,277.48 128,958.77
321-01 82 800440687 PAULINSKY ROBERT 76,457.00 1 706.54 76,397.58
321-01 82 800442717 OCONNELL GRETCHEN A 85,000.00 1 785.48 84,933.95
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800566176 85.0 03/01/00 10.875 71,700.00 Y
800567398 80.0 03/01/00 9.625 192,500.00 Y
800567778 80.0 03/01/00 11.875 48,000.00 Y
800568610 65.0 08/01/98 12.125 255,000.00 Y
800572257 84.9 02/01/00 9.125 204,554.00 Y
800573958 80.0 03/01/00 11.875 50,000.00 Y
800575797 79.1 03/01/00 9.000 442,000.00 Y
800576852 80.0 03/01/00 10.875 73,000.00 Y
800577736 69.6 03/01/00 11.000 270,000.00 Y
800578197 85.0 03/01/00 11.375 130,000.00 Y
800578692 80.0 02/01/00 8.875 49,000.00 Y
800582868 80.0 03/01/00 11.875 89,000.00 Y
800583338 80.0 03/01/00 7.875 185,000.00 Y
800583742 75.0 02/01/00 11.625 90,000.00 Y
800585416 68.8 03/01/00 11.875 42,000.00 Y
800587669 90.0 02/01/00 8.625 140,500.00 Y
800588626 80.0 03/01/00 11.875 90,000.00 Y
800589293 80.0 02/01/00 8.375 690,000.00 Y
800592545 80.0 03/01/00 10.625 640,000.00 Y
800593436 77.3 08/01/98 9.875 285,000.00 Y
800593444 75.0 03/01/00 7.000 90,000.00 Y
800594772 29.6 02/01/00 9.500 1,180,000.00 N
800602260 85.0 03/01/00 11.125 119,000.00 Y
800604217 90.0 03/01/00 9.625 58,000.00 Y
800605776 55.0 02/01/00 9.250 545,000.00 Y
800608952 85.0 03/01/00 9.125 80,000.00 Y
800619389 80.0 02/01/00 9.250 67,000.00 N
800619439 69.7 03/01/00 10.750 163,500.00 Y
800620429 80.0 03/01/00 8.625 115,000.00 N
800621138 70.0 03/01/00 8.875 95,000.00 Y
800641417 85.0 03/01/00 10.375 197,000.00 Y
180160962 70.8 04/01/98 10.875 173,000.00 N
800223414 80.0 08/01/99 9.750 149,000.00 Y
800332165 75.0 04/01/98 10.750 116,000.00 Y
800342149 85.0 10/01/99 10.875 73,000.00 Y
800374647 80.9 11/01/99 13.375 310,000.00 Y
800383499 50.0 12/01/99 8.625 220,000.00 Y
800390643 85.9 10/01/99 11.750 86,500.00 Y
800399008 85.0 12/01/99 12.625 86,000.00 Y
800399859 85.8 11/01/99 11.500 84,999.00 Y
800402216 90.0 11/01/99 10.625 158,000.00 Y
800402851 65.4 11/01/99 11.750 111,500.00 Y
800404238 80.0 01/01/00 11.125 95,000.00 Y
800410359 84.9 05/01/98 9.625 155,400.00 Y
800414013 70.0 01/01/00 10.875 65,000.00 N
800416067 85.0 12/01/99 12.000 125,000.00 Y
800417289 90.0 01/01/00 10.875 193,000.00 Y
800417461 90.0 12/01/99 10.625 152,000.00 Y
800418683 75.3 11/01/99 11.500 126,000.00 Y
800424301 80.0 12/01/99 11.250 85,000.00 Y
800424491 80.0 12/01/99 13.750 115,000.00 Y
800425001 80.0 12/01/99 9.625 313,000.00 Y
800426777 75.0 01/01/00 11.625 180,000.00 Y
800428898 88.6 01/01/00 11.000 44,000.00 Y
800429508 77.1 12/01/99 10.625 114,000.00 Y
800431330 80.0 12/01/99 10.250 63,000.00 Y
800431975 80.0 01/01/00 8.375 89,000.00 Y
800436362 85.0 12/01/99 8.750 505,000.00 Y
800436602 80.0 12/01/99 9.250 153,000.00 Y
800438079 90.0 11/01/99 11.125 115,000.00 Y
800438210 65.8 01/01/00 11.500 196,000.00 Y
800440687 84.9 12/01/99 10.625 89,950.00 Y
800442717 70.8 12/01/99 10.625 120,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 5
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 82 800443632 WALLICK CHRISTOPHE 110,000.00 1 1,142.07 109,938.47
321-01 82 800444788 REISINGER HARVEY W 85,990.00 1 802.70 85,924.97
321-01 82 800444929 BISACCIA DONNA 66,500.00 3 633.29 66,452.37
321-01 82 800445371 DAWKINS CARL 211,500.00 3 2,034.17 211,426.61
321-01 82 800448151 WIGINGTON DONALD L 79,200.00 1 807.05 79,153.17
321-01 82 800449431 CASTELLANO MICHEL J 850,000.00 1 7,069.87 848,702.18
321-01 82 800451395 NADEAU DENNIS MYRON 68,000.00 1 679.89 67,957.52
321-01 82 800454845 PETTIT BRENDA 99,000.00 1 832.45 98,902.21
321-01 82 800454902 MALDONADO SILVIO 120,600.00 1 1,159.91 120,515.91
321-01 82 800456378 KUNZIG RICHARD J 525,000.00 1 5,400.22 524,849.78
321-01 82 800457046 PARKER RONNIE L 137,700.00 1 1,195.72 137,574.36
321-01 82 800457442 HAIL CARMEN A JR 54,250.00 1 563.25 54,219.65
321-01 82 800457558 HOOVER LISA M 63,200.00 4 566.34 63,146.76
321-01 82 800460818 DOMINGUEZ ALFREDO 60,000.00 1 466.67 60,000.00
321-01 82 800461873 OLUSAJO OLUGBEMIGA A 68,000.00 3 647.58 67,926.59
321-01 82 800462178 CABALLERO CLAUDIA 261,000.00 3 2,147.18 261,000.00
321-01 82 800462657 MAHAMADOU ABOU 142,200.00 3 1,234.79 142,200.00
321-01 82 800463275 BLANKS FREDERICK S 116,625.00 8 1,088.67 116,536.80
321-01 82 800463937 NICHOLS CHESLEY E 77,000.00 7 768.75 76,809.17
321-01 82 800464844 ESPINO ALAN C 107,550.00 1 1,003.96 107,468.66
321-01 82 800465932 SCHWENCKE JOHN 130,500.00 1 1,230.48 130,452.19
321-01 82 800465981 CERTILMAN JAIME A 73,500.00 4 679.21 73,442.89
321-01 82 800466203 CAMACHO RUBEN D 210,500.00 1 2,124.81 210,436.34
321-01 82 800470791 LESCHKE MICHAEL J SR 30,000.00 1 297.09 29,980.73
321-01 82 800473050 MYERS ANNE ROSENBAUM 168,000.00 1 1,728.07 167,951.93
321-01 82 800474322 LOOSER PETER M 230,000.00 1 1,913.02 230,000.00
321-01 82 800475469 LONGO ROSARIO 126,000.00 1 1,188.05 125,953.84
321-01 82 800478224 NORRITO SHIRLEY A 104,800.00 1 1,128.67 104,747.57
321-01 82 800478257 MOHA JOSEPH BEN 435,000.00 1 3,618.11 435,000.00
321-01 82 800479529 ALVAREZ LUDWING 51,375.00 3 418.00 51,292.37
321-01 82 800479545 SHRIEVES KENNETH 60,000.00 1 617.17 60,000.00
321-01 82 800480550 CORNISH AUDREY E 42,750.00 1 395.05 42,750.00
321-01 82 800481301 HEDGES SCOTT A 52,200.00 1 492.19 52,161.57
321-01 82 800482309 KAUR SURINDER 220,000.00 3 2,284.14 219,938.78
321-01 82 800485591 MATTERN DANIEL 60,400.00 1 598.14 60,380.69
321-01 82 800485617 DOWLER CARLA D 221,000.00 2 1,758.37 220,876.11
321-01 82 800486292 LUDWIG EDWIN N JR 157,500.00 1 1,485.05 157,384.06
321-01 82 800486797 AVITAL MATTI 135,150.00 3 1,364.22 135,109.12
321-01 82 800486847 VECCHIONE THERESA 89,500.00 1 843.89 89,434.11
321-01 82 800487175 ENGLE MARY 123,300.00 3 1,048.04 123,300.00
321-01 82 800487266 RANSOME RAYMOND 122,400.00 1 1,165.64 122,356.36
321-01 82 800487928 PACE RYAN 140,250.00 1 1,296.05 140,141.02
321-01 82 800490344 CORDA LEE CONCETTA 136,000.00 1 1,359.78 136,000.00
321-01 82 800490492 BARDINAS FELIX 152,100.00 3 1,334.79 152,032.71
321-01 82 800493447 HYLTON JAMES A 75,650.00 7 763.62 75,627.12
321-01 82 800493785 PETROZZINO MICHAEL 55,250.00 1 531.38 55,250.00
321-01 82 800495335 NIELSEN PAMELA M 87,000.00 1 820.31 87,000.00
321-01 82 800495582 SOSA HERNAN B 50,400.00 3 433.01 50,352.79
321-01 82 800495863 JABBOURY KHALED W 186,900.00 2 1,387.73 186,654.65
321-01 82 800498321 LAWSON MARTIN D 78,200.00 1 781.87 78,151.15
321-01 82 800499683 MACAULAY GEORGE B III 297,000.00 1 2,283.67 297,000.00
321-01 82 800500233 PINELLIS KYRIAKOS 252,000.00 4 2,211.48 251,888.52
321-01 82 800500506 BECKER FREDERICK J 64,400.00 7 818.43 64,353.03
321-01 82 800501595 DIVITO FRANK 136,000.00 1 1,412.01 135,923.93
321-01 82 800501603 YOOS DAVID M 52,000.00 8 437.24 51,948.65
321-01 82 800501991 VIALE ANGELO 408,000.00 1 3,885.48 407,707.71
321-01 82 800502239 MCDADE JAMES 37,350.00 1 373.45 37,337.83
321-01 82 800502387 WOODBURY WYETT 117,000.00 3 1,070.24 116,953.51
321-01 82 800502700 BRACH ALBERT W 63,000.00 4 557.53 62,917.47
321-01 82 800504284 TUMLIN DEANA 32,000.00 1 319.95 32,000.00
321-01 82 800505273 CHARLTON JARED S 243,000.00 1 1,933.42 242,863.77
321-01 82 800505331 BENNETT ROBERT C 108,375.00 1 1,073.23 108,375.00
321-01 82 800505703 DEHAVEN THYRA R 160,000.00 1 1,661.19 159,910.51
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800443632 80.0 01/01/00 12.125 137,500.00 Y
800444788 85.9 12/01/99 10.750 100,000.00 Y
800444929 70.0 12/01/99 11.000 95,000.00 Y
800445371 90.0 01/01/00 11.125 235,000.00 Y
800448151 80.0 01/01/00 11.875 99,000.00 Y
800449431 61.8 12/01/99 9.375 1,375,000.00 Y
800451395 85.0 02/01/00 11.625 80,000.00 Y
800454845 90.0 12/01/99 9.500 110,000.00 Y
800454902 90.0 01/01/00 11.125 134,000.00 Y
800456378 66.4 01/01/00 12.000 790,000.00 Y
800457046 90.0 12/01/99 9.875 153,000.00 Y
800457442 79.7 12/01/99 12.125 68,000.00 Y
800457558 80.0 12/01/99 10.250 79,000.00 Y
800460818 80.0 02/01/00 8.625 75,000.00 Y
800461873 80.0 12/01/99 11.000 85,000.00 N
800462178 90.0 03/01/00 9.250 290,000.00 Y
800462657 90.0 02/01/00 9.875 158,000.00 Y
800463275 75.0 01/01/00 10.750 155,500.00 Y
800463937 78.5 12/01/99 10.500 98,000.00 Y
800464844 90.0 12/01/99 10.750 119,500.00 Y
800465932 90.0 01/01/00 10.875 145,000.00 Y
800465981 75.0 01/01/00 10.625 98,000.00 Y
800466203 79.9 07/01/98 11.750 263,175.00 Y
800470791 43.4 01/01/00 11.500 69,000.00 Y
800473050 80.0 07/01/98 12.000 210,000.00 Y
800474322 56.0 02/01/00 9.375 410,000.00 Y
800475469 90.0 01/01/00 10.875 140,000.00 Y
800478224 80.0 12/01/99 12.625 131,000.00 Y
800478257 75.0 02/01/00 9.375 580,000.00 Y
800479529 75.0 12/01/99 9.125 68,500.00 N
800479545 80.0 02/01/00 12.000 75,000.00 Y
800480550 75.0 02/01/00 10.625 57,000.00 Y
800481301 90.0 01/01/00 10.875 58,000.00 Y
800482309 80.0 07/01/98 12.125 275,000.00 Y
800485591 80.9 01/01/00 11.500 74,600.00 Y
800485617 85.0 01/01/00 8.875 260,000.00 Y
800486292 90.0 02/01/00 10.875 175,000.00 Y
800486797 85.0 01/01/00 11.750 159,000.00 Y
800486847 89.5 12/01/99 10.875 100,000.00 Y
800487175 90.0 02/01/00 9.625 137,000.00 Y
800487266 90.0 01/01/00 11.000 136,000.00 Y
800487928 85.0 12/01/99 10.625 165,000.00 Y
800490344 85.0 02/01/00 11.625 160,000.00 Y
800490492 90.0 01/01/00 10.000 169,000.00 Y
800493447 85.0 01/01/00 11.750 89,000.00 Y
800493785 85.0 02/01/00 11.125 65,000.00 Y
800495335 89.6 02/01/00 10.875 97,000.00 Y
800495582 90.0 01/01/00 9.750 56,000.00 Y
800495863 70.0 01/01/00 8.125 267,000.00 N
800498321 85.0 12/01/99 11.625 92,000.00 Y
800499683 90.0 02/01/00 8.500 330,000.00 Y
800500233 80.0 01/01/00 10.000 315,000.00 Y
800500506 70.0 02/01/00 14.375 92,000.00 Y
800501595 80.0 01/01/00 12.125 170,000.00 Y
800501603 80.0 01/01/00 9.500 65,000.00 Y
800501991 85.0 01/01/00 11.000 480,000.00 Y
800502239 90.0 01/01/00 11.625 41,500.00 Y
800502387 90.0 01/01/00 10.500 130,000.00 Y
800502700 70.0 11/01/99 10.100 90,000.00 N
800504284 80.0 02/01/00 11.625 40,000.00 Y
800505273 90.0 01/01/00 8.875 270,000.00 Y
800505331 85.0 02/01/00 11.500 127,500.00 Y
800505703 80.0 01/01/00 12.125 200,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 6
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 82 800506131 BROWN WILLIAM A 45,000.00 1 432.80 45,000.00
321-01 82 800506537 MORRIS TIMOTHY 182,400.00 3 2,089.23 182,400.00
321-01 82 800507089 MILLER LORETTA M 36,000.00 6 412.00 35,921.75
321-01 82 800508954 PUSTOVIT DANNY 442,000.00 1 4,167.57 441,838.06
321-01 82 800509515 ANTAR JILL 825,000.00 1 6,638.14 824,549.36
321-01 82 800509614 MORAN MICHAEL J 62,050.00 1 579.23 62,003.06
321-01 82 800517930 JENNINGS DAVID 74,800.00 3 635.80 74,728.04
321-01 82 800518243 BRODERICK WILLIAM B 81,000.00 5 756.12 81,000.00
321-01 82 800519001 PURCHIA PHILLIP 189,000.00 3 1,782.06 188,860.87
321-01 82 800519225 GOBER KAMINS MARSHA S 34,850.00 1 335.18 34,837.91
321-01 82 800520207 WEINKAUF BRUCE A 73,920.00 1 767.47 73,878.65
321-01 82 800520652 LALLI ANNA B 110,000.00 2 1,047.56 110,000.00
321-01 82 800521239 WILLIAMS ROSE MAE 148,500.00 3 1,248.67 148,500.00
321-01 82 800523276 POINTER LAWRENCE 89,600.00 3 947.58 89,600.00
321-01 82 800523482 KAMPSTRA DANIEL J 144,500.00 1 1,098.30 144,410.19
321-01 82 800523540 CULLUM JAMES E 84,000.00 1 729.41 83,961.84
321-01 82 800523870 SANCHEZ ERNESTO 58,000.00 1 541.42 57,978.16
321-01 82 800525867 MAINARDI ANTHONY JR 141,525.00 1 1,496.73 141,487.76
321-01 82 800526394 RAMIREZ GUILLERMO 113,625.00 5 965.80 113,625.00
321-01 82 800529174 LOPEZ CONSTANCE 176,000.00 3 2,015.93 175,964.07
321-01 82 800529455 TAYLOR PAUL E 144,150.00 1 1,251.72 144,018.49
321-01 82 800530909 ARTHUR ALFRED P JR 172,000.00 1 1,621.77 171,936.98
321-01 82 800531287 FELIX MARISOL 148,000.00 8 1,508.12 147,956.46
321-01 82 800533358 VENTRIGLIA LOUIS F 288,000.00 3 2,500.84 288,000.00
321-01 82 800534356 BENNER LINDA J 54,000.00 1 514.25 53,961.32
321-01 82 800534711 BRYANT HENRY THOMAS 50,400.00 1 503.92 50,384.33
321-01 82 800535023 JENSEN CLAUDIA 89,520.00 1 903.62 89,465.59
321-01 82 800535270 LERUDIS CONSTANTIN 384,000.00 1 4,247.80 384,000.00
321-01 82 800535486 BARNES JUDY GAYLE 74,750.00 1 761.70 74,750.00
321-01 82 800536096 MCNAIR CURTIS L 129,000.00 8 1,120.17 129,000.00
321-01 82 800537011 HOWRY HAROLD 51,850.00 7 561.90 51,850.00
321-01 82 800540114 TOMASELLI LAWRENCE A 325,000.00 1 2,792.25 324,848.38
321-01 82 800540569 SIMMONS LONNY 56,000.00 1 549.23 56,000.00
321-01 82 800540726 MEDLIN BOBBY W 53,000.00 1 504.73 53,000.00
321-01 82 800543662 DAWSON JACQULEEN 151,000.00 1 1,611.56 151,000.00
321-01 82 800543944 PACHECO MIKE 128,700.00 1 1,250.01 128,523.72
321-01 82 800544603 BAQUERO PABLO 139,500.00 1 1,315.33 139,500.00
321-01 82 800545535 HOLLOWAY SAMUEL 56,000.00 3 507.03 56,000.00
321-01 82 800545725 GILLES JEAN WILSON 99,000.00 3 933.46 98,927.13
321-01 82 800547333 RAFFAELE SCOTT 165,750.00 3 1,673.10 165,588.03
321-01 82 800548083 RACINE ULRICK 140,000.00 1 1,359.77 139,952.73
321-01 82 800548190 BROWN TINA 48,400.00 1 502.51 48,372.93
321-01 82 800548976 BYRD DORETHA M 63,940.00 1 676.21 63,940.00
321-01 82 800549024 HAMMOND WARREN 82,450.00 1 816.50 82,450.00
321-01 82 800550006 MASTANDO ALEXANDER 44,200.00 2 351.67 44,175.23
321-01 82 800550915 LEWIS RUTH A 59,400.00 1 560.08 59,400.00
321-01 82 800551996 DAVIS REGINALD 75,200.00 1 795.29 75,200.00
321-01 82 800554719 ELLIS ROMEL 64,175.00 1 629.41 64,132.64
321-01 82 800554875 ALVAREZ HERNANDO 84,000.00 4 698.67 83,914.83
321-01 82 800555773 SYEDA NASRIN 270,000.00 4 2,469.80 269,892.70
321-01 82 800557142 FOFANA NANA K 222,300.00 3 1,930.34 222,199.00
321-01 82 800557662 COSTON PEGGY SUE 42,800.00 1 432.03 42,773.98
321-01 82 800562266 BARNES ELIZABETH R 226,700.00 1 2,158.92 226,700.00
321-01 82 800563595 CUELLAR ELCY 155,000.00 8 1,331.69 155,000.00
321-01 82 800572042 MOCK KIM 110,925.00 1 823.61 110,852.44
321-01 82 800572778 JOO DONALD M 337,500.00 3 2,899.65 337,342.54
321-01 82 800573834 DANIELE JOSEPH F JR 28,570.00 1 266.70 28,548.38
321-01 82 800578361 GOOD ROBERT J 130,700.00 8 1,110.94 130,700.00
321-01 88 180053704 MATHEWS DEBRA S 45,000.00 1 420.07 44,786.33
321-01 88 180057812 KAPLAN MICHAEL I 115,000.00 1 1,116.95 114,552.33
321-01 88 180097776 MUGAR STEPHEN 68,850.00 1 655.67 68,567.28
321-01 88 180107641 FELIX DIMAS R 99,600.00 3 1,005.37 99,251.99
321-01 88 180123614 JOHNSON THOMAS R 382,500.00 1 3,787.86 381,089.10
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800506131 75.0 02/01/00 11.125 60,000.00 N
800506537 80.0 02/01/00 13.500 228,000.00 Y
800507089 80.0 01/01/00 11.125 45,000.00 Y
800508954 85.0 01/01/00 10.875 520,000.00 Y
800509515 68.7 07/01/98 9.000 1,200,000.00 Y
800509614 85.0 01/01/00 10.750 73,000.00 Y
800517930 85.0 01/01/00 9.625 88,000.00 Y
800518243 90.0 03/01/00 10.750 90,000.00 Y
800519001 90.0 01/01/00 10.875 210,000.00 Y
800519225 85.0 02/01/00 11.125 41,000.00 Y
800520207 80.0 01/01/00 12.125 92,400.00 Y
800520652 60.7 02/01/00 11.000 181,000.00 N
800521239 90.0 02/01/00 9.500 165,000.00 Y
800523276 80.0 02/01/00 12.375 112,000.00 Y
800523482 85.0 01/01/00 8.375 170,000.00 Y
800523540 80.0 01/01/00 9.875 105,000.00 Y
800523870 74.3 02/01/00 10.750 78,000.00 Y
800525867 85.0 01/01/00 12.375 166,500.00 Y
800526394 75.0 02/01/00 9.625 151,500.00 N
800529174 80.0 01/01/00 13.500 220,000.00 Y
800529455 89.9 01/01/00 9.875 160,200.00 Y
800530909 80.0 07/01/98 10.875 215,000.00 Y
800531287 80.0 01/01/00 11.875 185,000.00 Y
800533358 90.0 02/01/00 9.875 320,000.00 Y
800534356 52.9 12/01/99 11.000 102,000.00 Y
800534711 80.0 02/01/00 11.625 63,000.00 Y
800535023 80.0 01/01/00 11.750 111,900.00 Y
800535270 80.0 01/08/00 13.000 480,000.00 Y
800535486 65.5 02/01/00 11.875 114,000.00 N
800536096 89.5 02/01/00 9.875 144,000.00 Y
800537011 85.0 03/01/00 11.750 61,000.00 Y
800540114 67.9 08/01/98 9.750 478,000.00 Y
800540569 80.0 02/01/00 11.375 70,000.00 Y
800540726 79.1 02/01/00 11.000 67,000.00 Y
800543662 80.0 02/01/00 12.500 188,750.00 Y
800543944 90.0 11/01/99 11.250 143,000.00 Y
800544603 90.0 02/01/00 10.875 155,000.00 Y
800545535 63.6 02/01/00 10.375 88,000.00 Y
800545725 90.0 01/01/00 10.875 110,000.00 Y
800547333 85.0 11/01/99 11.750 195,000.00 Y
800548083 80.0 07/01/98 11.250 175,000.00 Y
800548190 80.0 02/01/00 12.125 60,500.00 Y
800548976 78.9 02/01/00 12.375 81,000.00 Y
800549024 86.7 02/01/00 11.500 95,000.00 Y
800550006 85.0 02/01/00 8.875 52,000.00 Y
800550915 84.9 02/01/00 10.875 69,900.00 Y
800551996 80.0 02/01/00 12.375 94,000.00 Y
800554719 85.0 02/01/00 11.375 75,500.00 Y
800554875 80.0 02/01/00 9.375 105,000.00 N
800555773 90.0 02/01/00 10.500 300,000.00 Y
800557142 90.0 07/01/98 9.875 247,000.00 Y
800557662 80.0 02/01/00 11.750 53,500.00 Y
800562266 80.9 02/01/00 11.000 280,000.00 Y
800563595 82.8 02/01/00 9.750 187,000.00 Y
800572042 85.0 02/01/00 8.125 130,500.00 Y
800572778 90.0 02/01/00 9.750 375,000.00 Y
800573834 69.6 01/01/00 10.750 41,000.00 N
800578361 89.9 02/01/00 9.625 145,240.00 Y
180053704 75.0 02/01/99 10.750 60,000.00 Y
180057812 34.8 03/01/99 11.250 330,000.00 Y
180097776 85.0 03/01/99 11.000 81,000.00 Y
180107641 80.0 03/01/99 11.750 124,500.00 Y
180123614 85.0 03/01/99 11.500 450,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 7
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 88 180145591 LEARY JOHN M 249,900.00 1 2,501.31 240,289.15
321-01 88 800182925 BARCA JOSEPH 78,000.00 1 764.62 77,777.64
321-01 88 800274649 WARD WALTER 39,950.00 1 384.23 39,864.89
321-01 88 800276909 WESHNER ERIC 100,000.00 3 999.84 99,808.88
321-01 88 800284945 KONESKY JAMES B 119,200.00 1 1,135.17 118,983.56
321-01 88 800312068 BLACHMAN CHAIM 318,750.00 1 3,340.17 318,399.64
321-01 88 800318016 EWALT VALERIE A 175,000.00 1 1,376.73 174,489.16
321-01 88 800321804 BANKES DAVID 51,850.00 1 493.78 51,755.84
321-01 88 800343121 THOMPSON ISAIAH 50,000.00 3 424.99 49,903.05
321-01 88 800349037 GONZALEZ ADRIAN E 67,200.00 7 691.23 67,121.92
321-01 88 800352676 HOWARD LISA MARIE 95,000.00 8 688.82 94,668.77
321-01 88 800366692 SHEEHY TOM 67,500.00 1 668.45 67,434.65
321-01 88 800367062 ESPINOSA LESLY 60,000.00 1 565.73 59,910.88
321-01 88 800375818 INGEGNO DONALD FRANK 175,500.00 1 1,771.51 175,284.57
321-01 88 800387474 MOTT KEVIN L 108,000.00 1 1,038.72 107,924.71
321-01 88 800390908 SCHOUTEN ROBERT D 328,000.00 1 2,818.03 327,380.38
321-01 88 800391849 FARRELL RACHEL L 294,300.00 1 2,315.26 293,615.27
321-01 88 800394488 CARR RICHARD L 132,000.00 1 1,345.08 131,882.36
321-01 88 800397192 WILLIAMS RENEE M 127,800.00 1 1,253.42 127,672.86
321-01 88 800417933 BLACKMAN CHRISTOPHE D 52,500.00 1 509.91 52,446.33
321-01 88 800433856 AMIET-HODANI CAROL ANN 169,150.00 1 1,707.42 168,942.33
321-01 88 800445173 GIETZ TERRY M 170,425.00 8 1,527.18 170,208.76
321-01 88 800445363 GOODWIN DAVID A 182,800.00 8 1,587.35 182,548.77
321-01 88 800445504 RICE MALLORY CARL 184,000.00 1 1,804.61 183,754.77
321-01 88 800450900 HENRY ROBIN LEE 112,500.00 4 976.89 112,397.36
321-01 88 800465148 PANIO FRANCINE 515,000.00 1 4,759.10 515,000.00
321-01 88 800476517 BURNS EDWARD L 49,500.00 1 466.74 49,482.06
321-01 88 800488751 HERNANDEZ JESUS 222,800.00 8 2,121.78 222,720.55
321-01 88 800492050 BORRELL ANTHONY J 220,050.00 1 2,054.13 220,050.00
321-01 88 800492928 HAILEY SEAN 148,800.00 5 1,347.25 148,739.25
321-01 88 800500571 ALTIZER ALLEN WALTER 73,600.00 1 749.98 73,578.35
321-01 88 800501074 SCHWARTING GERTRUDE E 204,400.00 1 1,359.88 204,400.00
321-01 88 800502676 GREENE MURDOCK 39,000.00 1 378.79 38,986.84
321-01 88 800505901 CHIU JON 105,600.00 1 975.85 105,559.15
321-01 88 800506370 SPANO MAUREEN 80,750.00 1 791.97 80,750.00
321-01 88 800507287 TUCKER ANGELA L 62,960.00 7 575.92 62,960.00
321-01 88 800523052 MCGUIRE JODIE 76,000.00 3 730.95 76,000.00
321-01 88 800523516 DOSS ALFREIDA 48,600.00 3 431.00 48,600.00
321-01 88 800532285 PANNAMAN JONATHAN D 220,000.00 1 2,136.78 220,000.00
321-01 88 800533614 RYAN JOHN D JR 66,400.00 1 663.89 66,400.00
321-01 88 800534943 PUMMER FRANK A 128,000.00 1 1,279.79 128,000.00
321-01 88 800548489 GAMMON WILLIAM T 153,750.00 1 1,522.57 153,750.00
321-01 88 800550485 ARGUELLES RAFAEL 310,000.00 4 2,893.79 309,883.29
321-01 88 800550873 GRIGGS GAIL L 52,000.00 1 539.89 51,970.91
321-01 88 800551749 VALENTIN SARITA 76,500.00 1 743.01 76,500.00
321-01 88 800555583 LOFURNO RICHARD 199,750.00 3 1,752.95 199,661.63
321-01 88 800557332 JOHNSON PAMELA 89,200.00 4 883.34 89,171.49
321-01 88 800561854 GARDNER ROBERT M 90,000.00 1 865.60 90,000.00
321-01 88 800564072 JOHNSTON CLARISSA 193,500.00 8 1,770.03 193,423.13
321-01 88 800567851 WILLIAMS MYRA 45,600.00 1 421.39 45,600.00
321-01 88 800574212 HUNDLEY CHARICE N 38,000.00 1 387.22 38,000.00
321-01 88 800578536 MARTIN GARY L 104,850.00 1 806.21 104,850.00
321-01 88 800588485 RODRIGUEZ GLORIA 70,850.00 1 654.73 70,850.00
321-01 88 800593873 SUAREZ TANYA M 135,000.00 2 967.16 135,000.00
321-01 88 800597502 JAMISON ANTHONY 55,900.00 1 434.78 55,900.00
321-01 88 800601775 MADISON JASON DEAN 70,000.00 1 513.63 70,000.00
321-01 88 800604183 JARRIN GLENND I 216,000.00 3 1,776.98 216,000.00
321-01 88 800606881 LANIER WILLIAM C 123,000.00 1 934.89 123,000.00
321-01 88 800611683 ZELMS ROBERT R 109,600.00 1 1,074.92 109,527.66
321-01 88 800612962 LENAS MICHAEL J 60,800.00 1 567.56 60,800.00
321-01 88 800620486 FRASER FAY B 51,000.00 2 378.67 51,000.00
321-01 88 800629578 HEINTZ PATRICIA A 114,750.00 7 1,103.64 114,750.00
321-01 88 800636938 WOLTCHECK ELLEN L 59,000.00 1 474.73 59,000.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
180145591 85.0 11/01/98 12.125 294,000.00 Y
800182925 75.7 07/01/98 11.375 103,000.00 Y
800274649 85.0 08/01/99 11.125 47,000.00 Y
800276909 85.4 08/01/99 11.625 117,000.00 Y
800284945 80.0 09/01/98 11.000 149,000.00 Y
800312068 85.0 10/01/99 12.250 375,000.00 Y
800318016 63.6 09/01/98 8.750 275,000.00 Y
800321804 85.0 09/01/99 11.000 61,000.00 Y
800343121 29.4 11/01/99 9.625 170,000.00 N
800349037 80.0 11/01/99 12.000 84,000.00 Y
800352676 80.0 09/01/98 7.875 118,750.00 Y
800366692 90.0 11/01/99 11.500 75,000.00 Y
800367062 54.5 10/01/99 10.875 110,000.00 Y
800375818 90.0 10/01/99 11.750 195,000.00 Y
800387474 90.0 12/01/99 11.125 120,000.00 Y
800390908 80.0 10/01/99 9.750 410,000.00 Y
800391849 90.0 10/06/99 8.750 327,000.00 Y
800394488 80.0 11/01/99 11.875 165,000.00 Y
800397192 90.0 11/01/99 11.375 142,000.00 Y
800417933 70.0 12/01/99 11.250 75,000.00 Y
800433856 85.0 10/01/99 11.750 199,000.00 Y
800445173 85.0 11/01/99 10.250 200,500.00 Y
800445363 89.9 11/01/99 9.875 203,141.00 Y
800445504 80.0 11/01/99 11.375 230,000.00 Y
800450900 75.0 12/01/99 9.875 150,000.00 N
800465148 85.8 02/01/00 10.625 600,000.00 Y
800476517 90.0 01/01/00 10.875 55,000.00 Y
800488751 80.0 08/01/98 11.000 278,500.00 Y
800492050 90.0 08/01/98 10.750 244,500.00 Y
800492928 80.0 01/01/00 10.375 186,000.00 Y
800500571 80.0 01/01/00 11.875 92,000.00 Y
800501074 78.6 09/01/98 7.000 260,000.00 Y
800502676 65.0 01/01/00 11.250 60,000.00 N
800505901 80.0 01/01/00 10.625 132,000.00 Y
800506370 85.0 02/01/00 11.375 95,000.00 Y
800507287 80.0 02/01/00 10.500 78,700.00 Y
800523052 64.9 02/01/00 11.125 117,000.00 N
800523516 90.0 02/01/00 10.125 54,000.00 Y
800532285 80.0 09/01/98 11.250 275,000.00 Y
800533614 80.0 02/01/00 11.625 83,000.00 Y
800534943 80.0 03/01/00 11.625 160,000.00 Y
800548489 75.0 02/01/00 11.500 205,000.00 N
800550485 84.9 07/01/98 10.750 365,000.00 Y
800550873 80.0 03/01/00 12.125 65,000.00 Y
800551749 90.0 02/01/00 11.250 85,000.00 Y
800555583 85.0 08/01/98 10.000 235,000.00 Y
800557332 84.9 02/01/00 11.500 105,000.00 Y
800561854 78.9 02/01/00 11.125 114,000.00 Y
800564072 75.0 02/01/00 10.500 258,000.00 Y
800567851 80.0 03/01/00 10.625 57,000.00 Y
800574212 80.0 02/01/00 11.875 47,500.00 Y
800578536 90.0 03/01/00 8.500 116,500.00 Y
800588485 64.4 08/01/98 10.625 110,000.00 N
800593873 71.8 03/01/00 7.750 188,000.00 N
800597502 79.9 02/06/00 8.625 69,900.00 N
800601775 80.0 03/01/00 8.000 87,500.00 Y
800604183 90.0 03/01/00 9.250 240,000.00 Y
800606881 71.0 03/01/00 8.375 173,000.00 Y
800611683 84.9 03/01/00 11.375 129,000.00 Y
800612962 80.0 03/01/00 10.750 76,000.00 Y
800620486 85.0 03/01/00 8.125 60,000.00 Y
800629578 85.0 03/01/00 11.125 135,000.00 Y
800636938 69.8 03/01/00 9.000 84,500.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 8
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 92 800426009 THAKURDAI JEWAN 100,800.00 3 1,095.39 100,750.96
321-01 92 800426041 THAKURDAI JEWAN 126,000.00 3 1,418.47 125,945.24
321-01 92 800463465 LAPP MELVIN M 115,500.00 1 1,110.86 115,459.92
321-01 92 800490534 SHTYLMAN YAKOV Z 108,375.00 1 1,073.23 108,305.39
321-01 92 800492076 MIGA STEVEN J JR 75,000.00 1 757.06 75,000.00
321-01 92 800496309 SORENSEN GLENN 114,750.00 3 1,060.40 114,750.00
321-01 92 800502494 CALERO PABLO S 215,000.00 3 1,691.40 215,000.00
321-01 92 800504078 DORFMAN DAVID 350,000.00 5 2,879.36 350,000.00
321-01 92 800509689 RUBY CHRISTOPHE 156,400.00 1 1,608.75 156,400.00
321-01 92 800511479 COSPY EDWARD R 38,700.00 1 364.90 38,700.00
321-01 92 800513467 NUNEZ MARTINA 104,000.00 3 1,059.76 103,969.41
321-01 92 800514127 BEDELL ELBA 85,500.00 1 790.11 85,466.92
321-01 92 800523227 STEVENS RASHEED 140,000.00 1 1,440.06 140,000.00
321-01 92 800525164 CANGELOSI MARIA 34,000.00 8 301.52 34,000.00
321-01 92 800530438 SHARPE TONY M 89,250.00 1 883.84 89,250.00
321-01 92 800532319 PETERKIN ROBERT 120,000.00 1 1,280.71 120,000.00
321-01 92 800534406 MOSQUERA HUGO F 136,000.00 3 1,269.53 136,000.00
321-01 92 800534612 IACOVELLI MARIE 76,800.00 1 760.54 76,800.00
321-01 92 800535601 HUMMEL SEAN ALLEN 41,400.00 2 363.31 41,381.69
321-01 92 800535791 ERBAIO BETTY M 58,225.00 1 549.00 58,225.00
321-01 92 800543811 CUNHA DOMINGOS 249,900.00 3 2,147.03 249,900.00
321-01 92 800550022 LEE, JULIUS T. 139,500.00 1 1,289.12 139,500.00
321-01 92 800550972 CHIPPS MICHAEL L 27,950.00 1 282.13 27,950.00
321-01 92 800551343 RICCI PHYLLIS M 70,500.00 1 651.49 70,500.00
321-01 92 800551962 WILLIAMS COLIN 160,650.00 1 1,590.90 160,650.00
321-01 92 800553182 LEM BONNIE JEAN 408,025.00 1 3,618.46 408,025.00
321-01 92 800563355 OQUENDO LUIS O 146,700.00 3 1,314.58 146,700.00
321-01 92 800569030 BAUMGARDNER CHRISTOPHE D. 52,500.00 1 524.92 52,500.00
321-01 92 800573701 BRACCI DENNIS P 144,300.00 1 1,415.24 144,252.60
321-01 92 800574972 ANDERSON RICHARD D 150,660.00 1 1,145.12 150,660.00
321-01 92 800576134 GHANT FRANCES D 74,800.00 7 656.42 74,800.00
321-01 92 800578981 ROTA JOHN J 200,000.00 1 2,057.23 200,000.00
321-01 92 800580508 LEGGIERI BENJAMIN J 73,600.00 1 792.65 73,600.00
321-01 92 800582306 KLUCHINSKY WESTLY 39,650.00 1 381.35 39,650.00
321-01 92 800586133 FORRY JOHN F 44,800.00 1 426.64 44,800.00
321-01 92 800590150 MADISON MICHAEL 121,200.00 1 1,188.69 121,160.19
321-01 92 800590390 HARMON CASSANDRA 113,400.00 1 1,069.24 113,400.00
321-01 92 800592479 TAMLER LOU A 90,000.00 1 917.10 90,000.00
321-01 92 800592529 ORR BRENDA SUE 38,000.00 1 379.94 38,000.00
321-01 92 800593824 GLUCKMAN ROGER 230,000.00 1 2,039.69 230,000.00
321-01 92 800594228 INGLEDEW DALE D 133,000.00 1 1,022.65 133,000.00
321-01 92 800595464 BUCKLES WILLIAM A 212,500.00 1 1,845.24 212,500.00
321-01 92 800598666 HUNT BYUNG SOON 216,000.00 3 1,718.59 216,000.00
321-01 92 800598815 TERRELL DEXTER 49,600.00 2 417.06 49,600.00
321-01 92 800598849 KEARNS SPENCER 45,050.00 2 424.77 45,050.00
321-01 92 800603011 VELOZ AMERICA R 189,000.00 1 1,746.54 189,000.00
321-01 92 800603425 GARCIA MARGARITA 87,900.00 3 820.53 87,900.00
321-01 92 800603540 BIONDI RALPH 129,200.00 1 1,074.62 129,200.00
321-01 92 800603664 BOKA DANIEL F. 50,000.00 1 358.21 50,000.00
321-01 92 800603797 MORAN MICHAEL P 71,900.00 1 732.66 71,900.00
321-01 92 800605420 LAMSON JAMES 84,750.00 3 720.37 84,750.00
321-01 92 800606683 BETTACK PAULA L. 69,700.00 1 670.36 69,700.00
321-01 92 800608473 ADAMS CRAIG H 153,200.00 1 1,330.31 153,200.00
321-01 92 800609737 HETRICK ROY D 68,000.00 1 565.59 68,000.00
321-01 92 800611733 RICHARDSON LOUISE 67,500.00 1 579.93 67,500.00
321-01 92 800612293 FEASTER JEFFREY L 63,200.00 1 537.19 63,200.00
321-01 92 800615015 VINSON MONA 159,800.00 1 1,536.92 159,800.00
321-01 92 800615676 STALEY JEROME N SR 28,000.00 1 227.82 28,000.00
321-01 92 800618738 RIDEG KAROLY 170,425.00 8 1,543.04 170,425.00
321-01 92 800619355 PARRA RICHARD A 53,000.00 1 412.23 53,000.00
321-01 92 800622664 HAWS JOAN A 136,000.00 1 1,106.54 136,000.00
321-01 92 800622672 SIERRA MOTA UBALDO C 69,300.00 1 557.61 69,300.00
321-01 92 800626228 GREEN DONALD H. 124,200.00 1 1,010.53 124,200.00
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800426009 60.0 12/01/99 12.750 168,000.00 N
800426041 75.0 12/01/99 13.250 168,000.00 Y
800463465 70.0 01/01/00 11.125 165,000.00 Y
800490534 85.0 12/01/99 11.500 127,500.00 Y
800492076 68.1 02/01/00 11.750 110,000.00 N
800496309 85.0 03/01/00 10.625 135,000.00 Y
800502494 80.5 03/01/00 8.750 267,000.00 Y
800504078 77.7 02/01/00 9.250 450,000.00 Y
800509689 80.0 08/01/98 12.000 195,500.00 Y
800511479 90.0 02/01/00 10.875 43,000.00 Y
800513467 80.0 01/01/00 11.875 130,000.00 Y
800514127 72.4 01/01/00 10.625 118,000.00 Y
800523227 80.0 08/01/98 12.000 175,000.00 Y
800525164 85.0 03/01/00 10.125 40,000.00 Y
800530438 85.0 03/01/00 11.500 105,000.00 Y
800532319 80.0 02/01/00 12.500 150,000.00 Y
800534406 85.0 09/01/98 10.750 160,000.00 Y
800534612 80.0 02/01/00 11.500 96,000.00 Y
800535601 90.0 01/01/00 10.000 46,000.00 Y
800535791 85.0 02/01/00 10.875 68,500.00 Y
800543811 78.0 09/01/98 9.750 320,000.00 Y
800550022 90.0 03/01/00 10.625 155,000.00 Y
800550972 65.0 02/01/00 11.750 43,000.00 Y
800551343 75.0 02/01/00 10.625 94,000.00 Y
800551962 85.0 08/01/98 11.500 189,000.00 Y
800553182 85.9 09/01/98 10.125 475,000.00 Y
800563355 88.9 09/01/98 10.250 165,000.00 Y
800569030 73.9 03/01/00 11.625 71,000.00 Y
800573701 74.0 01/01/00 11.375 195,000.00 Y
800574972 90.0 08/01/98 8.375 167,400.00 Y
800576134 75.9 04/01/00 10.000 98,500.00 Y
800578981 80.0 09/01/98 12.000 250,000.00 Y
800580508 80.0 02/01/00 12.625 92,000.00 Y
800582306 64.4 02/01/00 11.125 61,500.00 N
800586133 80.0 03/01/00 11.000 56,000.00 Y
800590150 80.0 07/01/98 11.375 151,500.00 Y
800590390 90.0 03/01/00 10.875 126,000.00 Y
800592479 80.0 03/01/00 11.875 112,500.00 Y
800592529 80.0 04/01/00 11.625 47,500.00 Y
800593824 70.7 04/01/00 10.125 325,000.00 Y
800594228 70.0 03/01/00 8.500 190,000.00 N
800595464 85.0 03/01/00 9.875 250,000.00 Y
800598666 80.0 03/01/00 8.875 270,000.00 Y
800598815 80.0 03/01/00 9.500 62,000.00 Y
800598849 85.0 03/01/00 10.875 53,000.00 Y
800603011 90.0 09/01/98 10.625 210,000.00 Y
800603425 79.9 03/01/00 10.750 109,900.00 Y
800603540 85.0 03/01/00 9.375 152,000.00 Y
800603664 47.6 04/01/00 7.750 105,000.00 Y
800603797 79.9 03/01/00 11.875 89,900.00 Y
800605420 75.0 03/01/00 9.625 113,000.00 N
800606683 85.0 03/01/00 11.125 82,000.00 Y
800608473 80.0 03/01/00 9.875 191,500.00 Y
800609737 85.0 03/01/00 9.375 80,000.00 Y
800611733 90.0 03/01/00 9.750 75,000.00 Y
800612293 87.7 03/01/00 9.625 72,000.00 Y
800615015 85.0 04/01/00 11.125 188,000.00 Y
800615676 70.0 03/01/00 9.125 40,000.00 N
800618738 85.0 03/01/00 10.375 200,500.00 Y
800619355 84.1 04/01/00 8.625 63,000.00 Y
800622664 80.0 03/01/00 9.125 170,000.00 Y
800622672 90.0 03/01/00 9.000 77,000.00 Y
800626228 90.0 03/01/00 9.125 138,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 9
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-01 92 800631780 VIGIL MICHAEL 48,375.00 1 415.62 48,375.00
321-01 92 800637092 BURKE JAYME J 41,000.00 1 367.40 41,000.00
321-01 92 800639346 JACKSON HERMAN 51,000.00 1 442.86 51,000.00
321-01 92 800639437 HOSTETLER JERRY 350,000.00 1 2,660.25 350,000.00
321-01 92 800640393 DALTON WILLIAM M 58,500.00 6 590.50 58,500.00
321-01 92 800642852 SPILLERS JAMES A 242,250.00 8 2,103.58 242,250.00
321-01 92 800642993 HAPTONSTALL KERRY J 114,750.00 1 1,038.95 114,750.00
321-01 92 800643264 MCLAWS DOROTHY GROVES 391,000.00 8 3,431.30 391,000.00
321-01 92 800643538 RUFINO JOHN C 297,500.00 1 2,340.43 297,500.00
321-01 92 800645004 SWEENEY FRANCIS H 85,900.00 1 652.90 85,900.00
321-01 92 800649774 LASTERY HAL 61,200.00 1 465.16 61,200.00
321-01 92 800650186 VANPROYEN JACOB 66,250.00 1 539.03 66,250.00
321-01 92 800650475 FRAZIER, GLENN W 97,750.00 1 875.94 97,750.00
321-01 92 800653743 BOLDEA SORIN DANIEL 93,600.00 8 753.13 93,600.00
321-01 92 800654006 CRADDOCK LAURIE S 90,000.00 7 831.69 90,000.00
321-01 92 800654147 ANDERSON DEAN S 90,400.00 8 938.57 90,400.00
321-01 92 800654592 MORENO JOHN ANTHONY 133,390.00 1 1,049.38 133,390.00
321-01 92 800655011 LUTKEFEDDER NORMAN W 501,500.00 1 4,634.35 501,306.01
321-01 92 800655987 MARINO DOMINICK 279,600.00 1 2,249.72 279,600.00
321-01 92 800657827 BRADLEY RUTH 53,550.00 1 479.86 53,550.00
321-01 92 800660185 ZYWOTCHENKO TANYA 110,000.00 1 914.92 110,000.00
321-01 92 800662462 UPTON SCOTT B 133,200.00 1 1,083.76 133,200.00
321-01 92 800663460 STONE JOHN A 65,250.00 7 566.60 65,250.00
321-01 92 800663676 HAAS MICHAEL 54,000.00 3 444.24 54,000.00
321-01 92 800663718 HAAS MICHAEL 47,200.00 3 371.32 47,200.00
321-01 92 800671190 LOOMIS ROSLYN A 28,500.00 1 258.04 28,500.00
321-01 SB599 161366513 HOLSTEIN ANN M 68,000.00 1 528.90 67,408.48
321-01 SB599 161374301 WILLIAMSON JOHN R 73,500.00 1 624.74 73,019.61
321-01 SB599 161432158 BURGETT KATHERINE L 70,200.00 1 609.58 69,834.38
321-01 SB599 161480397 SLAVIK CRAIG C 91,100.00 1 749.46 90,691.60
321-01 SB599 161503966 ROONEY MARY E 110,400.00 1 958.66 110,040.09
321-01 SB599 161546866 PURCELL JAMES C 86,000.00 1 754.71 85,806.59
321-01 SB599 161625488 LAMB JOHN B 55,000.00 1 427.79 55,000.00
321-01 SB599 161627047 HUTH ATTILA 130,000.00 3 1,128.85 130,000.00
321-01 SB599 161628425 DOUGHER FRANCES E 107,000.00 1 694.00 107,000.00
321-01 SB600 161623517 GARTH SIDNEY L 67,500.00 3 573.74 67,435.08
321-01 SB600 161629746 JAMES PHILIP C 323,000.00 1 2,512.26 322,617.23
321-01 SB600 161631403 FELTON WESLEY JAY 148,700.00 1 1,416.11 148,593.46
321-01 SB601 161622568 OMUNDSON RAYDAL ELDIN 40,000.00 1 407.60 40,000.00
321-01 SB601 161633607 SPAKAUSKY MARK D 123,700.00 1 1,154.72 123,700.00
321-01 SB602 161616156 REINHART STEPHEN P 42,000.00 1 407.93 42,000.00
321-01 SB602 161629605 GALVEZ DELIA 68,000.00 1 504.90 68,000.00
321-01 SB602 161632401 BISHOP KENT A 220,000.00 1 1,809.89 220,000.00
-------------------------------------------------------------- -----------------------------
546 Sale Total 70,036,855.00 636,019.01 69,990,523.80
321-02 79 800543217 GAYLE VIOLET 178,500.00 3 1,784.71 178,500.00
321-02 88 800595662 ARDREY RUSSELL D 99,000.00 1 970.96 99,000.00
321-02 90 180023335 ELBAKRY ABDALLA I 110,500.00 1 1,210.59 109,977.77
321-02 90 800228769 WINNETTE CARSON H 49,300.00 1 478.83 49,180.17
321-02 90 800429060 CURTIS PETER E 150,325.00 1 1,403.26 150,268.40
321-02 90 800432429 WHITAKER LEE SR 95,000.00 3 833.69 94,957.98
321-02 90 800438467 KUNZ DOUGLAS H 94,400.00 1 907.92 94,300.83
321-02 90 800442279 TANNER JERRI F 53,125.00 1 485.96 53,082.58
321-02 90 800451429 JAMES CAROLYN J 28,000.00 3 290.71 28,000.00
321-02 90 800461303 HERRING RICHARD WARREN 167,875.00 1 1,662.45 167,767.19
321-02 90 800462632 ELLIS LOIS K 52,000.00 1 544.91 51,985.92
321-02 90 800467706 WALECHECK JOSEPH C 45,050.00 1 433.29 45,034.36
321-02 90 800469884 CUPAIUOLO MARK A 92,250.00 1 895.99 92,155.68
321-02 90 800473613 BRUNO MARIE MONETTE 197,200.00 3 1,971.68 197,014.30
321-02 90 800473936 MEAK FRANK A 113,400.00 1 1,069.24 113,358.45
321-02 90 800476954 DOMINGUEZ ROBERTO 172,800.00 3 1,564.54 172,800.00
321-02 90 800477135 DOUGHMAN EDWARD W 124,000.00 1 1,287.42 123,965.50
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800631780 75.0 04/01/00 9.750 64,500.00 N
800637092 83.6 03/01/00 10.250 49,000.00 Y
800639346 75.0 03/01/00 9.875 68,000.00 N
800639437 38.8 02/24/00 8.375 900,000.00 Y
800640393 75.0 03/01/00 11.750 78,000.00 Y
800642852 85.0 09/01/98 9.875 285,000.00 Y
800642993 85.0 03/01/00 10.375 135,000.00 Y
800643264 85.0 03/01/00 10.000 460,000.00 Y
800643538 85.0 03/01/00 8.750 350,000.00 Y
800645004 85.9 03/01/00 8.375 100,000.00 Y
800649774 90.0 04/01/00 8.375 68,000.00 Y
800650186 74.8 03/01/00 9.125 88,500.00 N
800650475 85.0 03/01/00 10.250 115,000.00 Y
800653743 80.0 03/01/00 9.000 117,000.00 Y
800654006 90.0 03/01/00 10.625 100,000.00 Y
800654147 80.0 03/01/00 12.125 113,000.00 Y
800654592 84.9 03/01/00 8.750 156,932.00 Y
800655011 85.0 01/01/00 10.625 590,000.00 Y
800655987 65.3 03/01/00 9.000 428,000.00 Y
800657827 85.0 03/01/00 10.250 63,000.00 Y
800660185 52.3 04/01/00 9.375 210,000.00 Y
800662462 90.0 03/01/00 9.125 148,000.00 Y
800663460 90.0 03/01/00 9.875 72,500.00 Y
800663676 90.0 03/01/00 9.250 60,000.00 Y
800663718 80.0 03/01/00 8.750 59,000.00 N
800671190 65.5 02/01/00 10.375 43,500.00 Y
161366513 85.0 01/01/99 8.625 80,000.00 Y
161374301 75.0 01/01/99 9.625 98,000.00 Y
161432158 87.7 04/01/99 9.875 80,000.00 Y
161480397 84.3 07/01/99 9.250 108,000.00 Y
161503966 84.9 07/01/99 9.875 130,000.00 Y
161546866 69.9 09/01/99 10.000 123,000.00 N
161625488 78.5 02/01/00 8.625 70,000.00 Y
161627047 44.8 03/01/00 9.875 290,000.00 N
161628425 79.8 08/01/98 6.750 134,000.00 Y
161623517 90.0 03/01/00 9.625 75,000.00 Y
161629746 85.0 03/01/00 8.625 380,000.00 Y
161631403 84.9 03/01/00 11.000 175,000.00 Y
161622568 80.0 03/01/00 11.875 50,000.00 Y
161633607 74.9 09/01/98 10.750 165,000.00 Y
161616156 68.8 02/01/00 11.250 61,000.00 Y
161629605 80.0 03/01/00 8.125 85,000.00 Y
161632401 80.0 03/01/00 9.250 275,000.00 Y
----- ---------------------------
79.8 10.384 360,000.00
800543217 85.0 02/01/00 11.625 210,000.00 Y
800595662 60.0 03/01/00 11.375 165,000.00 Y
180023335 85.0 04/11/99 12.875 130,000.00 Y
800228769 82.1 07/01/99 11.250 60,000.00 Y
800429060 85.9 01/01/00 10.750 175,000.00 Y
800432429 79.1 01/01/00 10.000 120,000.00 Y
800438467 80.0 05/01/98 11.125 118,000.00 Y
800442279 85.0 01/01/00 10.500 62,500.00 Y
800451429 62.2 02/01/00 12.125 45,000.00 N
800461303 85.0 12/01/99 11.500 197,500.00 Y
800462632 78.7 01/01/00 12.250 66,000.00 Y
800467706 85.0 02/01/00 11.125 53,000.00 Y
800469884 75.0 12/01/99 11.250 123,000.00 Y
800473613 85.0 12/01/99 11.625 232,000.00 Y
800473936 90.0 01/01/00 10.875 126,000.00 Y
800476954 90.0 02/01/00 10.375 192,000.00 Y
800477135 75.1 01/01/00 12.125 165,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 10
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-02 90 800478943 PANFILE WILLIAM A JR 126,000.00 1 1,199.93 126,000.00
321-02 90 800482119 DAVIS SHARON L 149,600.00 1 1,611.14 149,562.78
321-02 90 800482648 WIDEMAN JEANETTE 56,100.00 1 534.26 56,100.00
321-02 90 800488413 WALKER DAMARIS S 82,450.00 8 808.64 82,422.92
321-02 90 800491771 DOMOROD STEPHEN JR 96,000.00 1 996.71 96,000.00
321-02 90 800493215 COULOMBE JOHN 123,250.00 1 1,255.92 123,213.74
321-02 90 800493561 MIGA STEVEN J JR 75,000.00 1 700.11 75,000.00
321-02 90 800501140 FRIEDFERTIG ARNOLD M 315,000.00 3 2,677.47 315,000.00
321-02 90 800514671 JEFFERSON DAN KELLY 34,000.00 1 333.46 34,000.00
321-02 90 800519639 QUASHIE SHIRLEY H 135,150.00 1 1,377.18 135,150.00
321-02 90 800521312 SAWH ESTHER 40,500.00 1 374.26 40,484.33
321-02 90 800525206 CREWS MOSES P 48,600.00 1 472.03 48,583.60
321-02 90 800529562 CONNELL DAVID 133,488.00 1 1,334.67 133,488.00
321-02 90 800533994 PORTSMORE PAUL E SR 382,500.00 1 3,751.43 382,500.00
321-02 90 800535031 RIVERA BENJAMIN C 37,500.00 1 378.53 37,488.66
321-02 90 800535478 KHAN SHAZAD 136,000.00 3 1,218.70 136,000.00
321-02 90 800535676 HENDERSON BERNICE 162,400.00 1 1,531.25 162,280.46
321-02 90 800539439 KOENIGSBERG MARK 92,000.00 3 990.81 92,000.00
321-02 90 800541302 VILLATORO JUAN 120,000.00 1 1,280.71 120,000.00
321-02 90 800542169 TAPP ROBERT J 164,900.00 8 1,462.37 164,828.97
321-02 90 800547630 LANGLOIS CARMEN 157,500.00 3 1,426.02 157,500.00
321-02 90 800548737 CASPERSON PAUL H 178,500.00 1 1,716.78 178,500.00
321-02 90 800556474 KOBAL MICHAEL E 55,750.00 1 515.18 55,750.00
321-02 90 800558546 LANTZ LARRY E 276,250.00 1 2,075.37 276,250.00
321-02 90 800559999 PO SREANG 39,200.00 1 395.69 39,200.00
321-02 90 800561003 HARRIS MICHAEL J 121,500.00 1 1,122.78 121,500.00
321-02 90 800563520 SCHROEDER ERIN L 225,250.00 1 2,166.41 225,171.85
321-02 90 800563652 REEVES RONALD D 134,000.00 8 1,066.17 133,924.87
321-02 90 800570459 PARISI DONNA J 102,000.00 1 775.27 101,936.61
321-02 90 800571390 VARGAS YANIA 238,000.00 3 2,289.04 238,000.00
321-02 90 800571911 BRADLEY RICHARD LAMONT 51,000.00 1 490.51 51,000.00
321-02 90 800571937 DORADO HENRY E 229,500.00 1 1,950.73 229,500.00
321-02 90 800572786 GREEN ALBERT F 104,400.00 1 793.51 104,400.00
321-02 90 800574022 EDWARDS KEITH 62,400.00 1 635.86 62,400.00
321-02 90 800574717 MANFREDI PATRICIA M 328,000.00 8 2,848.19 328,000.00
321-02 90 800574857 LARSON DAVID V 157,600.00 1 1,170.18 157,600.00
321-02 90 800575664 HARRIS RYAN 103,512.00 1 768.58 103,512.60
321-02 90 800577058 DURAIN VICKI M 165,750.00 1 1,116.69 165,750.00
321-02 90 800577686 JOHNSON JEANETTE M 92,000.00 7 928.66 92,000.00
321-02 90 800579039 LOZADA JESSIE 153,000.00 3 1,300.48 153,000.00
321-02 90 800584526 STEIN ARGENTINA 73,600.00 1 592.20 73,600.00
321-02 90 800588048 BILLINGSLEA YOLANDA 161,900.00 3 1,244.87 161,900.00
321-02 90 800589434 JANAC RICHARD J 373,600.00 8 3,313.17 373,600.00
321-02 90 800590713 NEIL SHELLEY 499,500.00 1 4,109.26 499,500.00
321-02 90 800592636 KING DUANE L 43,200.00 1 419.58 43,200.00
321-02 90 800599789 SILVESTER LUIS G 135,000.00 5 1,298.40 135,000.00
321-02 90 800603755 ETWARU LIONEL B 228,000.00 1 1,594.21 228,000.00
321-02 90 800607046 RICHARD PETER 50,600.00 3 439.38 50,600.00
321-02 90 800615403 HARGRAVE BEVERLY 47,000.00 1 378.17 47,000.00
321-02 90 800619025 LAMMERT OTTO 103,500.00 1 786.67 103,500.00
321-02 90 800619041 ENGLISH TROY JOSEPH 56,700.00 1 446.06 56,700.00
321-02 90 800621211 CLARK JAMES C 113,600.00 1 863.44 113,600.00
321-02 90 800622631 YATES ARNOLD 41,300.00 1 336.03 41,300.00
321-02 90 800622821 FELICIANO FERNANDO 73,600.00 1 618.87 73,600.00
321-02 90 800626392 BEAVER SHARON 58,500.00 1 497.24 58,500.00
321-02 90 800631616 ABBS HOPE H 71,250.00 1 612.15 71,250.00
321-02 90 800637043 LICARI RONALD J 126,000.00 1 1,070.99 126,000.00
321-02 90 800638686 BOUCHEY GORDON B 202,880.00 1 1,542.03 202,880.00
321-02 90 800646721 GATES MARC L 83,300.00 1 723.33 83,300.00
321-02 90 800655698 CONNER KENNTH D II 34,800.00 2 292.62 34,800.00
321-02 96 800395592 FRIEL NADINE 61,600.00 1 534.91 61,515.33
321-02 96 800468464 ROBERTS KEVIN 85,000.00 1 833.65 84,943.89
321-02 96 800473159 BERGAMI CHARLES P 173,440.00 1 1,183.17 173,304.70
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800478943 90.0 08/01/98 11.000 140,000.00 Y
800482119 85.0 01/01/00 12.625 176,000.00 Y
800482648 85.0 02/01/00 11.000 66,000.00 Y
800488413 85.0 01/01/00 11.375 97,000.00 Y
800491771 80.0 08/01/98 12.125 120,000.00 Y
800493215 85.0 08/01/98 11.875 145,000.00 Y
800493561 68.1 02/01/00 10.750 110,000.00 N
800501140 70.0 03/01/00 9.625 450,000.00 N
800514671 73.9 02/01/00 11.375 46,000.00 Y
800519639 85.0 02/05/00 11.875 159,000.00 Y
800521312 90.0 02/01/00 10.625 45,000.00 Y
800525206 90.0 01/01/00 11.250 54,000.00 Y
800529562 80.0 03/01/00 11.625 166,860.00 Y
800533994 85.0 02/01/00 11.375 450,000.00 Y
800535031 75.0 01/01/00 11.750 50,000.00 Y
800535478 80.0 02/01/00 10.250 170,000.00 Y
800535676 70.0 06/01/98 10.875 232,000.00 Y
800539439 80.0 02/01/00 12.625 115,000.00 Y
800541302 80.0 02/01/00 12.500 150,000.00 Y
800542169 85.0 02/01/00 10.125 194,000.00 Y
800547630 90.0 02/01/00 10.375 175,000.00 Y
800548737 85.0 02/01/00 11.125 210,000.00 Y
800556474 85.7 03/01/00 10.625 65,000.00 Y
800558546 85.0 02/01/00 8.250 325,000.00 Y
800559999 80.0 08/01/98 11.750 49,000.00 Y
800561003 89.3 02/01/00 10.625 136,000.00 Y
800563520 85.0 02/01/00 11.125 265,000.00 Y
800563652 80.0 02/01/00 8.875 167,500.00 Y
800570459 83.6 02/01/00 8.375 122,000.00 Y
800571390 85.0 03/01/00 11.125 280,000.00 Y
800571911 85.0 03/01/00 11.125 60,000.00 Y
800571937 90.0 03/01/00 9.625 255,000.00 Y
800572786 90.0 02/01/00 8.375 116,000.00 Y
800574022 80.0 03/01/00 11.875 78,000.00 Y
800574717 80.0 02/01/00 9.875 410,000.00 Y
800574857 80.0 03/01/00 8.125 197,000.00 Y
800575664 90.0 02/01/00 8.125 115,014.00 Y
800577058 85.0 03/01/00 7.125 195,000.00 Y
800577686 80.0 03/01/00 11.750 115,000.00 Y
800579039 90.0 02/01/00 9.625 170,000.00 Y
800584526 80.0 03/01/00 9.000 92,000.00 Y
800588048 80.9 02/01/00 8.500 200,000.00 N
800589434 84.9 02/01/00 10.125 439,612.00 Y
800590713 69.3 02/01/00 9.250 720,000.00 Y
800592636 80.0 03/01/00 11.250 54,000.00 Y
800599789 90.0 03/01/00 11.125 150,000.00 Y
800603755 80.0 03/01/00 7.500 285,000.00 Y
800607046 74.9 03/01/00 9.875 67,500.00 N
800615403 75.8 03/01/00 9.000 62,000.00 Y
800619025 90.0 03/01/00 8.375 115,000.00 Y
800619041 90.0 03/01/00 8.750 63,000.00 Y
800621211 80.0 03/01/00 8.375 142,000.00 Y
800622631 70.0 03/01/00 9.125 59,000.00 N
800622821 80.0 03/01/00 9.500 92,000.00 Y
800626392 90.0 03/01/00 9.625 65,000.00 Y
800631616 75.0 09/01/98 9.750 95,000.00 Y
800637043 90.0 03/01/00 9.625 140,000.00 Y
800638686 64.0 03/01/00 8.375 317,000.00 Y
800646721 85.0 03/01/00 9.875 98,000.00 Y
800655698 80.0 03/01/00 9.500 43,500.00 Y
800395592 80.0 11/01/99 9.875 77,000.00 Y
800468464 85.0 12/08/99 11.375 100,000.00 Y
800473159 80.0 07/01/98 7.250 216,800.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 11
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-02 96 800558199 HARTNETT DOUGLAS W 63,250.00 1 458.61 63,250.00
321-02 SB596 161514260 RASBERRY LEO C 248,400.00 1 2,365.57 247,856.26
321-02 SB596 161560875 HILLAWI BASIL YACOUB 104,200.00 1 914.43 104,060.99
321-02 SB596 161562442 ROSE BETTY J 42,500.00 1 369.05 42,421.80
321-02 SB596 161578828 EMMONS HARLEY RAY JR 336,000.00 1 2,733.81 335,641.02
321-02 SB596 161585195 RIVERA JOSE L 115,800.00 4 1,269.67 115,745.25
321-02 SB596 161586292 GILLENWATERS PIERRE 57,600.00 1 489.59 57,600.00
321-02 SB596 161590021 WALLACE ALLEN E JR 100,000.00 1 1,076.97 99,949.96
321-02 SB596 161590625 LEMKO MARK 277,000.00 1 2,179.16 276,680.10
321-02 SB596 161594338 POLTORAK PIOTR 208,000.00 3 2,219.90 207,892.98
321-02 SB596 161594734 DOUMAS RUTH 40,600.00 1 319.40 40,576.64
321-02 SB596 161598776 STEMEN SCOTT E 76,500.00 1 636.29 76,426.33
321-02 SB596 161600473 BUTLER JOSEPH A JR 52,000.00 1 534.88 51,939.79
321-02 SB596 161600481 HANNON MICHAEL J 27,900.00 3 242.27 27,900.00
321-02 SB596 161602891 ROSCOE DOROTHY 36,500.00 3 306.91 36,482.05
321-02 SB596 161603576 MERZDORF JANE S 314,500.00 1 2,847.51 314,371.60
321-02 SB596 161605852 RICE EDDIE 56,000.00 3 576.02 56,000.00
321-02 SB596 161606850 FREY CHARLENE 58,900.00 1 555.37 58,856.63
321-02 SB596 161608476 ROYS WILLIAM 27,200.00 1 274.56 27,200.00
321-02 SB596 161609219 MCDOUGLE LYNN 96,000.00 1 721.22 96,000.00
321-02 SB596 161612049 YOUSIF ASAAD 445,500.00 1 3,950.80 445,308.12
321-02 SB596 161613559 GROSS KIM L 25,400.00 1 237.10 25,400.00
321-02 SB596 161614029 LARKINS NELSON 72,000.00 1 713.01 71,976.99
321-02 SB596 161614425 ARNDT LARRY 95,200.00 1 740.46 95,143.79
321-02 SB596 161615034 PEGUES CHARLES H 117,000.00 1 1,037.58 117,000.00
321-02 SB596 161615646 ANTHONY KENNETH R 68,000.00 1 654.01 67,976.41
321-02 SB596 161615893 HEATH CHARLES L 79,200.00 1 731.89 79,169.36
321-02 SB596 161616115 HOPKINS KIMBERLY 27,200.00 6 313.44 27,141.56
321-02 SB596 161618434 ALKATIB ADEL 104,000.00 1 763.12 104,000.00
321-02 SB596 161619176 PANOUTSOS GEORGE 75,000.00 4 637.49 75,000.00
321-02 SB596 161619473 CARROTHERS JAY 48,000.00 1 448.08 47,859.37
321-02 SB596 161619697 SUMMERS KEVIN D 71,500.00 1 714.89 71,500.00
321-02 SB596 161619903 CROWE ROBERT D 150,500.00 1 1,433.25 150,446.33
321-02 SB596 161620596 SMITH COURTNEY DARE 38,200.00 2 290.35 38,200.00
321-02 SB596 161620679 KIRK CLARINE L 25,500.00 1 238.04 25,500.00
321-02 SB596 161620745 SHRYOCK GERRY 76,500.00 1 764.88 76,500.00
321-02 SB596 161621875 HANNON MICHAEL JOHN 27,900.00 3 232.06 27,900.00
321-02 SB596 161621982 RECKOVIC SELIM 68,000.00 1 719.15 67,982.10
321-02 SB596 161622014 KASSAB AGEED 131,200.00 1 1,249.45 131,200.00
321-02 SB596 161622279 DOMURATH SIEGFRIED E JR 101,600.00 1 790.23 101,540.02
321-02 SB596 161622469 THOMAS MERLE LONDON 39,200.00 1 418.37 39,200.00
321-02 SB596 161623384 SANCHEZ JOEL 129,200.00 1 936.79 129,111.09
321-02 SB596 161623392 FOUMIA HANAA 133,400.00 2 1,121.70 133,400.00
321-02 SB596 161624010 JOHNSON MICHAEL D 18,700.00 1 172.81 18,692.76
321-02 SB596 161624028 JOHNSON MICHAEL D 34,800.00 1 334.70 34,787.92
321-02 SB596 161625868 ZIEGLER LINDA M 310,500.00 1 2,840.27 310,500.00
321-02 SB596 161627195 DRAGON JAMES D 175,200.00 1 1,285.56 175,200.00
321-02 SB596 161627633 COOKSEY OLIVE 78,600.00 1 509.80 78,532.33
321-02 SB596 161628334 HAHN CHARLES H 59,500.00 1 436.59 59,500.00
321-02 SB596 161628359 LAMETI RALPH G 280,000.00 1 2,303.50 280,000.00
321-02 SB597 161580402 LOUIS AMETIS B 159,300.00 3 1,793.36 159,195.59
321-02 SB597 161580469 MORGUCZ LAURI L 140,800.00 1 1,209.69 140,668.09
321-02 SB597 161582895 CORSARO PETER T 21,000.00 1 165.21 21,000.00
321-02 SB597 161584743 HAWKINS CEDRIC B 180,000.00 1 1,714.18 179,871.05
321-02 SB597 161586128 SCHULZE HANNELORE 105,000.00 1 882.90 104,896.29
321-02 SB597 161589833 KLEMENT MICHAEL E 120,700.00 1 971.18 120,499.73
321-02 SB597 161593033 VALENZUELA DIANE M 58,500.00 1 579.32 58,462.44
321-02 SB597 161593892 DUPREST DENNY A 94,500.00 1 891.03 94,430.44
321-02 SB597 161594767 LOPEZ RANULFO 160,000.00 3 1,661.19 159,910.51
321-02 SB597 161596663 GRZELAK JESSE 170,000.00 5 1,413.97 169,827.64
321-02 SB597 161600028 JONES MARY E 67,800.00 1 551.64 67,727.57
321-02 SB597 161600937 HARRIS DONALD 70,200.00 1 655.30 70,146.92
321-02 SB597 161602370 THOMAS KENNETH R 130,000.00 1 1,140.84 129,933.33
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- -----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800558199 32.4 02/01/00 7.875 195,000.00 Y
161514260 89.6 08/01/99 11.000 277,014.00 Y
161560875 77.7 05/01/98 10.000 134,000.00 Y
161562442 38.6 10/01/99 9.875 110,000.00 Y
161578828 79.0 12/16/99 9.125 425,000.00 Y
161585195 74.9 12/01/99 12.875 154,500.00 Y
161586292 90.0 02/01/00 9.625 64,000.00 Y
161590021 80.0 12/01/99 12.625 125,000.00 Y
161590625 67.5 06/01/98 8.750 410,000.00 Y
161594338 84.8 01/01/00 12.500 245,000.00 Y
161594734 64.9 07/01/98 8.750 62,500.00 Y
161598776 90.0 12/01/99 9.375 85,000.00 Y
161600473 65.0 12/01/99 12.000 80,000.00 Y
161600481 71.5 02/01/00 9.875 39,000.00 N
161602891 84.8 07/01/98 9.500 43,000.00 Y
161603576 85.0 01/01/00 10.375 370,000.00 Y
161605852 80.0 02/01/00 12.000 70,000.00 Y
161606850 89.2 12/15/99 10.875 66,000.00 Y
161608476 80.0 02/01/00 11.750 34,000.00 Y
161609219 66.2 02/01/00 8.250 145,000.00 Y
161612049 90.0 01/01/00 10.125 495,000.00 Y
161613559 83.2 02/01/00 10.750 30,500.00 Y
161614029 68.5 01/01/00 11.500 105,000.00 Y
161614425 85.0 01/01/00 8.625 112,000.00 Y
161615034 90.0 02/01/00 10.125 130,000.00 Y
161615646 85.0 01/01/00 11.125 80,000.00 Y
161615893 90.0 02/01/00 10.625 88,000.00 Y
161616115 85.0 02/01/00 11.250 32,000.00 Y
161618434 80.0 02/01/00 8.000 130,000.00 Y
161619176 26.3 02/01/00 9.625 285,000.00 Y
161619473 80.0 01/01/00 10.750 60,000.00 Y
161619697 65.0 03/01/00 11.625 110,000.00 Y
161619903 85.0 08/01/98 11.000 177,000.00 Y
161620596 84.8 02/01/00 8.375 45,000.00 Y
161620679 85.0 02/01/00 10.750 30,000.00 Y
161620745 85.0 02/01/00 11.625 90,000.00 Y
161621875 72.4 02/01/00 9.375 38,500.00 N
161621982 80.9 01/01/00 12.375 84,000.00 Y
161622014 74.9 02/01/00 11.000 175,000.00 Y
161622279 83.2 08/01/98 8.625 122,000.00 Y
161622469 80.0 02/01/00 12.500 49,000.00 Y
161623384 80.2 08/01/98 7.875 161,000.00 Y
161623392 84.9 02/01/00 9.500 157,000.00 Y
161624010 74.8 02/01/00 10.625 25,000.00 N
161624028 75.6 02/01/00 11.125 46,000.00 Y
161625868 90.0 02/01/00 10.500 345,000.00 Y
161627195 79.6 02/01/00 8.000 219,900.00 Y
161627633 64.9 08/01/98 6.750 121,000.00 Y
161628334 85.0 02/01/00 8.000 70,000.00 Y
161628359 80.0 02/01/00 9.250 350,000.00 Y
161580402 84.9 11/01/99 13.250 187,500.00 Y
161580469 77.3 12/01/99 9.750 182,000.00 Y
161582895 70.0 03/01/00 8.750 30,000.00 Y
161584743 90.0 12/01/99 11.000 200,000.00 Y
161586128 55.2 12/01/99 9.500 190,000.00 Y
161589833 80.0 06/01/98 9.000 150,800.00 Y
161593033 90.0 12/01/99 11.500 65,000.00 Y
161593892 90.0 12/01/99 10.875 105,000.00 Y
161594767 82.0 12/01/99 12.125 195,000.00 Y
161596663 79.8 12/01/99 9.375 213,000.00 N
161600028 70.6 12/01/99 9.125 96,000.00 Y
161600937 90.0 12/01/99 10.750 78,000.00 Y
161602370 84.9 07/01/98 10.000 153,000.00 Y
</TABLE>
<PAGE>
ALLIANCE FUNDING PAGE 12
A DIVISION OF SUPERIOR BANK FSB
SALE SCHEDULE B - GROUP 2, SUB-POOL IV
1998-1 - INITIAL POOL OF ADJUSTABLE RATE MORTGAGES - SETTLEMENT 3/26/98
<TABLE>
<CAPTION>
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
321-02 SB597 161618459 BUNCH MICHAEL C 40,000.00 1 388.50 40,000.00
321-02 SB597 161619937 BROWN ANTHONY C 54,400.00 3 457.42 54,400.00
321-02 SB597 161620372 HYRE LINDA E 51,000.00 1 387.64 51,000.00
321-02 SB597 161620455 WEIDER JEROME D 200,000.00 1 2,134.52 200,000.00
321-02 SB597 161621842 MCAFEE WARDELL 48,000.00 1 493.73 47,986.27
321-02 SB597 161622105 PYLES WADE A 51,000.00 1 485.69 51,000.00
321-02 SB597 161623319 TYLER BERNARD E 88,400.00 1 900.80 88,400.00
321-02 SB597 161623335 CHEYNE VALORIE E 228,000.00 1 2,522.13 227,947.87
321-02 SB597 161623707 TRIGG LAFAYETTE C 48,100.00 1 444.50 48,062.61
321-02 SB597 161624739 MCNALLY JOHN J JR 322,500.00 1 2,770.77 322,500.00
321-02 SB597 161624838 POTRS NIDAL 170,000.00 1 1,292.12 170,000.00
321-02 SB597 161627112 CONSENTINO LORRAINE 18,500.00 3 160.64 18,500.00
321-02 SB597 161632054 SCHULTZ ANNEMARIE 113,300.00 1 973.43 113,300.00
321-02 SB597 161633375 BETTENHAUSEN RUTH M 123,000.00 1 870.59 123,000.00
321-02 SB598 161634365 AKIN MICHAEL LEE 64,800.00 1 623.23 64,800.00
321-02 SB598 161586052 BERGERON JAMES H 74,000.00 1 711.72 73,948.40
321-02 SB598 161594940 BAKER RODNEY D JR 85,400.00 1 894.91 85,353.53
321-02 SB598 161598404 GRANT LEROY 117,000.00 5 1,123.07 116,917.98
321-02 SB598 161599287 FERREE CLYDE S JR 56,700.00 1 561.50 56,663.58
321-02 SB598 161599972 SMITH BEVERLY J 42,500.00 1 372.97 42,462.24
321-02 SB598 161602727 AUSTIN GEORGE 196,000.00 1 2,091.83 195,899.15
321-02 SB598 161605308 MUELLER NICHOLAS E 210,000.00 1 1,804.22 209,803.26
321-02 SB598 161607361 FAROOQUI MOHAMMAD A 458,000.00 1 4,275.34 457,653.61
321-02 SB598 161609342 CALDWELL JAMES R 76,700.00 1 723.20 76,643.53
321-02 SB598 161609359 CALDWELL JAMES R 81,200.00 1 765.63 81,140.23
321-02 SB598 161610746 EUGENE DIEUSEUL 90,000.00 3 789.81 89,920.05
321-02 SB598 161611884 OLSEN JANET C 30,000.00 1 282.87 29,977.92
321-02 SB598 161612338 MOORE BILLY 70,500.00 1 658.11 70,446.66
321-02 SB598 161612379 KURK STEPHAN W 53,200.00 1 542.11 53,168.54
321-02 SB598 161612916 MCELROY NEIL 28,000.00 3 274.61 27,981.53
321-02 SB598 161613054 SMITH ALLEN B 143,100.00 1 1,362.77 142,997.49
321-02 SB598 161614110 GEJDOS NINA Z 94,000.00 1 697.95 93,876.60
321-02 SB598 161614342 LECOURS PAUL R 90,000.00 1 848.60 89,933.76
321-02 SB598 161614805 COLLIER FINIS JR 89,200.00 3 766.37 89,116.42
321-02 SB598 161614888 MARINAK WILLIAM R JR 113,400.00 1 1,133.82 113,329.14
321-02 SB598 161617402 SHARPE WILLIAM W 157,200.00 1 1,601.87 157,107.06
321-02 SB598 161617410 STAMPS BEVERLY 76,500.00 3 692.64 76,437.27
321-02 SB598 161618053 JOHNSON HOWARD F 37,500.00 1 346.54 37,470.85
321-02 SB598 161618921 GATES ARTHUR C JR 130,500.00 1 1,267.50 130,411.46
321-02 SB598 161619267 COLLINS SUSIE 38,200.00 1 356.59 38,171.11
321-02 SB598 161620737 HENDERSON ROBERT L 67,100.00 1 645.35 67,053.23
321-02 SB598 161620752 COOMER TIMOTHY D 75,000.00 1 793.18 74,960.31
321-02 SB598 161623749 BOGGS ROBERT F 45,000.00 1 428.55 44,967.75
321-02 SB598 161624283 MOOREHOUSE ANN 195,500.00 1 1,936.02 195,374.44
321-02 SB598 161625199 EDLUND MAURICE E 129,600.00 1 1,209.79 129,501.98
321-02 SB598 161625371 DOMKOWSKI BARBARA J 170,000.00 1 1,586.92 169,871.42
321-02 SB598 161626536 ZELDENRUST RANDY L 63,000.00 1 462.27 62,915.18
321-02 SB598 161630108 BARNER CHARLES R 83,000.00 1 638.20 82,899.08
321-02 SB598 161632237 DEFAZIO FRANK A JR 80,000.00 1 746.79 79,939.49
321-02 SB600 161625876 LARA JOSE G 94,500.00 1 882.14 94,428.52
321-02 SB600 161631981 STEELE DESMOND 238,000.00 1 2,334.22 237,842.90
-------------------------------------------------------------- -------------
194 Sale Total 22,629,795.00 22,620,514.01
740 Grand Total Sub-Pool IV 92,666,650.00 92,611,037.81
<CAPTION>
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
- ---------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
161618459 75.4 03/01/00 11.250 53,000.00 Y
161619937 80.0 02/01/00 9.500 68,000.00 N
161620372 85.0 03/01/00 8.375 60,000.00 Y
161620455 80.0 02/01/00 12.500 250,000.00 Y
161621842 75.0 02/01/00 12.000 64,000.00 Y
161622105 85.0 02/01/00 11.000 60,000.00 Y
161623319 85.0 03/01/00 11.875 104,000.00 Y
161623335 78.6 02/01/00 13.000 290,000.00 Y
161623707 87.4 02/01/00 10.625 55,000.00 Y
161624739 75.0 03/01/00 9.750 430,000.00 Y
161624838 73.9 03/01/00 8.375 230,000.00 Y
161627112 69.8 02/01/00 9.875 26,500.00 N
161632054 89.9 03/01/00 9.750 126,000.00 Y
161633375 71.0 03/01/00 7.625 173,000.00 Y
161634365 90.0 03/01/00 11.125 72,000.00 Y
161586052 79.5 12/01/99 11.125 93,000.00 Y
161594940 70.0 12/01/99 12.250 122,000.00 Y
161598404 90.0 01/01/00 11.100 130,000.00 Y
161599287 90.0 01/01/00 11.500 63,000.00 Y
161599972 81.7 01/01/00 10.000 52,000.00 Y
161602727 80.0 12/01/99 12.500 245,000.00 Y
161605308 79.8 01/01/00 9.750 263,000.00 Y
161607361 76.3 01/01/00 10.750 600,000.00 Y
161609342 61.3 03/01/00 10.875 125,000.00 N
161609359 64.9 03/01/00 10.875 125,000.00 N
161610746 90.0 02/01/00 10.000 100,000.00 Y
161611884 30.0 01/01/00 10.875 100,000.00 Y
161612338 84.9 02/01/00 10.750 83,000.00 Y
161612379 70.0 01/01/00 11.875 76,000.00 Y
161612916 70.0 01/01/00 11.375 40,000.00 N
161613054 90.0 02/01/00 11.000 159,000.00 Y
161614110 69.8 01/01/00 8.125 134,500.00 Y
161614342 69.7 01/01/00 10.875 129,000.00 Y
161614805 84.9 01/01/00 9.750 105,000.00 Y
161614888 84.9 01/01/00 11.625 133,500.00 Y
161617402 84.9 01/01/00 11.875 185,000.00 Y
161617410 66.5 02/01/00 10.375 115,000.00 Y
161618053 75.0 02/01/00 10.625 50,000.00 Y
161618921 90.0 02/01/00 11.250 145,000.00 Y
161619267 74.9 03/01/00 10.750 51,000.00 Y
161620737 84.9 02/01/00 11.125 79,000.00 Y
161620752 74.2 02/01/00 12.375 101,000.00 Y
161623749 75.0 02/01/00 11.000 60,000.00 N
161624283 85.0 02/01/00 11.500 230,000.00 Y
161625199 90.0 02/01/00 10.750 144,000.00 Y
161625371 85.0 02/01/00 10.750 200,000.00 Y
161626536 66.3 02/01/00 8.000 95,000.00 Y
161630108 39.3 02/01/00 8.500 211,000.00 Y
161632237 69.5 03/01/00 10.750 115,000.00 Y
161625876 90.0 03/01/00 10.750 105,000.00 Y
161631981 85.0 03/01/00 11.375 280,000.00 Y
---- -------------------------
80.7 10.334 385,000.00
80.0 10.371 745,000.00
</TABLE>
<PAGE>
EXHIBIT I
REQUEST FOR RELEASE OF DOCUMENTS
_____________, 19__
To: [Trustee]
[Custodian]
Re: Pooling and Servicing Agreement, dated as of March 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
1998-1
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.
<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: ___________________________
-2-
<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 March 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 Certificate 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
1998-1
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 1998-1, Class R (the "Certificate"), pursuant to Section
4.02 of the Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement"), dated as of March 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.
<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 March 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 March 1, 1998, relating to AFC Mortgage
Loan Asset Backed Certificates, Series 1998-1 (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, H-2, H-3 and H-4 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: ______________________________________
-4-
<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>
EXHIBIT N
FORM OF DELINQUENCY REPORT
DELINQUENCY AND FORECLOSURE INFORMATION
REO FORECLOSURES
-----------------------------------------------
OUTSTANDING # # OF
INVESTOR DOLLARS ACCT RANGES AMOUNT ACCTS.
- --------------------------------------------------------------------------------
# OF OUTSTANDING # OF OUTSTANDING
PCT ACCTS. DOLLARS % ACCTS DOLLARS %
- --------------------------------------------------------------------------------
REMIC
199_-__
30 TO 59 DAYS
60 TO 89 DAYS
90 AND OVER
TOTALS
<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: 98010289
Trust 1998-1 Control Number: 0010001
Insured Obligations:
$450,000,000 in principal amount
of AFC Mortgage Loan Asset Backed
Certificates, Series 1998-1, Class A
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.
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 Certificateholders for distribution to such
Certificateholders, as provided in the Pooling
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
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 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
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
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 March 1, 1998.
In the event that payments under any Certificate is 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 to Section 11.01 of the Pooling
and Servicing Agreement does not constitute acceleration for the purposes
hereof.
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
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.
/s/ [ILLEGIBLE] /s/ [ILLEGIBLE]
- ----------------------------- ----------------------------------
President Authorized Representative
Effective Date: March 26, 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) 312-3093
Re: AFC Mortgage Loan Trust 1998-1,
AFC Mortgage Loan Asset Backed
Certificates, Series 1998-1
Policy No. 98010289
Determination Date: ___________________________
Remittance Date: ___________________________
We refer to that certain Pooling and Servicing Agreement dated as of March 1,
1998, by and between Superior Bank FSB, as Depositor and Servicer, and LaSalle
National Bank, as Trustee (the "Pooling and Servicing 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]
-2-
<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: ___________________________________
-3-
<PAGE>
EXHIBIT P
PRINCIPAL PAYMENT TABLES
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
$252,780,586.00 $203,665,987.77
1 Mar-1998 $252,780,586.00 Mar-1998 $203,665,987.77
2 Apr-1998 $252,780,586.00 Apr-1998 $203,665,987.77
3 May-1998 $252,780,586.00 May-1998 $203,665,987.77
4 Jun-1998 $252,780,586.00 Jun-1998 $203,665,987.77
5 Jul-1998 $252,780,586.00 Jul-1998 $203,665,987.77
6 Aug-1998 $252,780,586.00 Aug-1998 $203,665,987.77
7 Sep-1998 $252,780,586.00 Sep-1998 $203,665,987.77
8 Oct-1998 $252,780,586.00 Oct-1998 $203,665,987.77
9 Nov-1998 $252,780,586.00 Nov-1998 $203,665,987.77
10 Dec-1998 $252,780,586.00 Dec-1998 $203,665,987.77
11 Jan-1999 $252,780,586.00 Jan-1999 $203,665,987.77
12 Feb-1999 $252,780,586.00 Feb-1999 $203,665,987.77
13 Mar-1999 $252,780,586.00 Mar-1999 $203,665,987.77
14 Apr-1999 $252,780,586.00 Apr-1999 $203,665,987.77
15 May-1999 $252,780,586.00 May-1999 $203,665,987.77
16 Jun-1999 $252,780,586.00 Jun-1999 $203,665,987.77
17 Jul-1999 $252,780,586.00 Jul-1999 $203,665,987.77
18 Aug-1999 $252,780,586.00 Aug-1999 $203,665,987.77
19 Sep-1999 $252,780,586.00 Sep-1999 $203,665,987.77
20 Oct-1999 $252,780,586.00 Oct-1999 $203,665,987.77
21 Nov-1999 $252,780,586.00 Nov-1999 $203,665,987.77
22 Dec-1999 $252,780,586.00 Dec-1999 $203,665,987.77
23 Jan-2000 $252,780,586.00 Jan-2000 $203,665,987.77
24 Feb-2000 $252,780,586.00 Feb-2000 $203,665,987.77
25 Mar-2000 $252,780,586.00 Mar-2000 $203,665,987.77
26 Apr-2000 $252,780,586.00 Apr-2000 $203,665,987.77
27 May-2000 $252,780,586.00 May-2000 $203,665,987.77
28 Jun-2000 $252,780,586.00 Jun-2000 $203,665,987.77
29 Jul-2000 $252,780,586.00 Jul-2000 $203,665,987.77
30 Aug-2000 $252,780,586.00 Aug-2000 $203,665,987.77
31 Sep-2000 $252,780,586.00 Sep-2000 $203,665,987.77
32 Oct-2000 $252,780,586.00 Oct-2000 $203,665,987.77
33 Nov-2000 $252,780,586.00 Nov-2000 $203,665,987.77
34 Dec-2000 $252,780,586.00 Dec-2000 $203,665,987.77
Page 1
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
35 Jan-2001 $252,780,586.00 Jan-2001 $203,665,987.77
36 Feb-2001 $252,780,586.00 Feb-2001 $203,665,987.77
37 Mar-2001 $252,780,586.00 Mar-2001 $203,665,987.77
38 Apr-2001 $252,780,586.00 Apr-2001 $203,665,987.77
39 May-2001 $252,780,586.00 May-2001 $203,665,987.77
40 Jun-2001 $252,780,586.00 Jun-2001 $203,665,987.77
41 Jul-2001 $252,780,586.00 Jul-2001 $203,665,987.77
42 Aug-2001 $252,780,586.00 Aug-2001 $203,665,987.77
43 Sep-2001 $252,780,586.00 Sep-2001 $203,665,987.77
44 Oct-2001 $252,780,586.00 Oct-2001 $203,665,987.77
45 Nov-2001 $252,780,586.00 Nov-2001 $203,665,987.77
46 Dec-2001 $252,780,586.00 Dec-2001 $203,665,987.77
47 Jan-2002 $252,780,586.00 Jan-2002 $203,665,987.77
48 Feb-2002 $252,780,586.00 Feb-2002 $203,665,987.77
49 Mar-2002 $252,780,586.00 Mar-2002 $203,665,987.77
50 Apr-2002 $252,780,586.00 Apr-2002 $203,665,987.77
51 May-2002 $252,780,586.00 May-2002 $203,665,987.77
52 Jun-2002 $252,780,586.00 Jun-2002 $203,665,987.77
53 Jul-2002 $252,780,586.00 Jul-2002 $203,665,987.77
54 Aug-2002 $252,780,586.00 Aug-2002 $203,665,987.77
55 Sep-2002 $252,780,586.00 Sep-2002 $203,665,987.77
56 Oct-2002 $252,780,586.00 Oct-2002 $203,665,987.77
57 Nov-2002 $252,780,586.00 Nov-2002 $203,665,987.77
58 Dec-2002 $252,780,586.00 Dec-2002 $203,665,987.77
59 Jan-2003 $252,780,586.00 Jan-2003 $203,665,987.77
60 Feb-2003 $252,780,586.00 Feb-2003 $203,665,987.77
61 Mar-2003 $237,043,085.20 Mar-2003 $196,826,731.97
62 Apr-2003 $236,705,949.11 Apr-2003 $196,682,055.82
63 May-2003 $236,365,752.01 May-2003 $196,536,131.24
64 Jun-2003 $236,022,466.09 Jun-2003 $196,388,947.47
65 Jul-2003 $235,676,063.33 Jul-2003 $196,240,493.64
66 Aug-2003 $235,326,515.40 Aug-2003 $196,090,758.79
67 Sep-2003 $234,973,793.76 Sep-2003 $195,939,731.87
68 Oct-2003 $234,617,869.58 Oct-2003 $195,787,401.72
69 Nov-2003 $234,258,713.79 Nov-2003 $195,633,757.10
70 Dec-2003 $233,896,297.03 Dec-2003 $195,478,786.67
71 Jan-2004 $233,530,589.71 Jan-2004 $195,322,478.99
72 Feb-2004 $233,161,561.94 Feb-2004 $195,164,822.51
73 Mar-2004 $232,789,183.58 Mar-2004 $195,005,805.60
74 Apr-2004 $232,413,424.18 Apr-2004 $194,845,416.53
75 May-2004 $232,034,253.07 May-2004 $194,683,643.44
76 Jun-2004 $231,651,639.25 Jun-2004 $194,520,474.40
Page 2
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
77 Jul-2004 $231,265,551.47 Jul-2004 $194,355,897.36
78 Aug-2004 $230,875,958.17 Aug-2004 $194,189,900.17
79 Sep-2004 $230,482,827.54 Sep-2004 $194,022,470.58
80 Oct-2004 $230,086,127.45 Oct-2004 $193,853,596.22
81 Nov-2004 $229,685,825.48 Nov-2004 $193,683,264.64
82 Dec-2004 $229,281,888.94 Dec-2004 $193,511,463.24
83 Jan-2005 $228,874,284.81 Jan-2005 $193,338,179.36
84 Feb-2005 $228,462,979.80 Feb-2005 $193,163,400.20
85 Mar-2005 $228,047,940.30 Mar-2005 $192,987,112.85
86 Apr-2005 $227,629,132.39 Apr-2005 $192,809,304.31
87 May-2005 $227,206,521.87 May-2005 $192,629,961.44
88 Jun-2005 $226,780,074.20 Jun-2005 $192,449,071.01
89 Jul-2005 $226,349,754.54 Jul-2005 $192,266,619.65
90 Aug-2005 $225,915,527.73 Aug-2005 $192,082,593.91
91 Sep-2005 $225,477,358.29 Sep-2005 $191,896,980.20
92 Oct-2005 $225,035,210.42 Oct-2005 $191,709,764.81
93 Nov-2005 $224,589,048.00 Nov-2005 $191,520,933.92
94 Dec-2005 $224,138,834.56 Dec-2005 $191,330,473.60
95 Jan-2006 $223,684,533.33 Jan-2006 $191,138,369.78
96 Feb-2006 $223,226,107.19 Feb-2006 $190,944,608.27
97 Mar-2006 $222,763,518.68 Mar-2006 $190,749,174.79
98 Apr-2006 $222,296,730.00 Apr-2006 $190,552,054.89
99 May-2006 $221,825,703.02 May-2006 $190,353,234.03
100 Jun-2006 $221,350,399.25 Jun-2006 $190,152,697.52
101 Jul-2006 $220,870,779.85 Jul-2006 $189,950,430.57
102 Aug-2006 $220,386,805.64 Aug-2006 $189,746,418.24
103 Sep-2006 $219,898,437.07 Sep-2006 $189,540,645.47
104 Oct-2006 $219,405,634.23 Oct-2006 $189,333,097.07
105 Nov-2006 $218,908,356.88 Nov-2006 $189,123,757.72
106 Dec-2006 $218,406,564.36 Dec-2006 $188,912,611.97
107 Jan-2007 $217,900,215.69 Jan-2007 $188,699,644.21
108 Feb-2007 $217,389,269.49 Feb-2007 $188,484,838.75
109 Mar-2007 $216,873,684.01 Mar-2007 $188,268,179.70
110 Apr-2007 $216,353,417.13 Apr-2007 $188,049,651.09
111 May-2007 $215,828,426.33 May-2007 $187,829,236.78
112 Jun-2007 $215,298,668.73 Jun-2007 $187,606,920.49
113 Jul-2007 $214,764,101.03 Jul-2007 $187,382,685.82
114 Aug-2007 $214,224,679.55 Aug-2007 $187,156,516.21
115 Sep-2007 $213,680,360.23 Sep-2007 $186,928,394.96
116 Oct-2007 $213,131,098.58 Oct-2007 $186,698,305.23
117 Nov-2007 $212,576,849.73 Nov-2007 $186,466,230.04
118 Dec-2007 $212,017,568.39 Dec-2007 $186,232,152.26
Page 3
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
119 Jan-2008 $211,453,208.86 Jan-2008 $185,996,054.59
120 Feb-2008 $210,883,725.03 Feb-2008 $185,757,919.62
121 Mar-2008 $210,309,070.37 Mar-2008 $185,517,729.77
122 Apr-2008 $209,729,197.92 Apr-2008 $185,275,467.30
123 May-2008 $209,144,060.30 May-2008 $185,031,114.32
124 Jun-2008 $208,553,609.70 Jun-2008 $184,784,652.80
125 Jul-2008 $207,957,797.88 Jul-2008 $184,536,064.54
126 Aug-2008 $207,356,576.15 Aug-2008 $184,285,331.20
127 Sep-2008 $206,749,895.39 Sep-2008 $184,032,434.26
128 Oct-2008 $206,137,706.02 Oct-2008 $183,777,355.04
129 Nov-2008 $205,519,958.03 Nov-2008 $183,520,074.73
130 Dec-2008 $204,896,600.93 Dec-2008 $183,260,574.33
131 Jan-2009 $204,267,583.80 Jan-2009 $182,998,834.67
132 Feb-2009 $203,632,855.23 Feb-2009 $182,734,836.44
133 Mar-2009 $202,992,363.37 Mar-2009 $182,468,560.15
134 Apr-2009 $202,346,055.87 Apr-2009 $182,199,986.14
135 May-2009 $201,693,879.93 May-2009 $181,929,094.58
136 Jun-2009 $201,035,782.25 Jun-2009 $181,655,865.47
137 Jul-2009 $200,371,709.07 Jul-2009 $181,380,278.65
138 Aug-2009 $199,701,606.12 Aug-2009 $181,102,313.77
139 Sep-2009 $199,025,418.65 Sep-2009 $180,821,950.30
140 Oct-2009 $198,343,091.40 Oct-2009 $180,539,167.55
141 Nov-2009 $197,654,568.63 Nov-2009 $180,253,944.65
142 Dec-2009 $196,959,794.06 Dec-2009 $179,966,260.54
143 Jan-2010 $196,258,710.94 Jan-2010 $179,676,093.97
144 Feb-2010 $195,551,261.97 Feb-2010 $179,383,423.54
145 Mar-2010 $194,837,389.34 Mar-2010 $179,088,227.63
146 Apr-2010 $194,117,034.73 Apr-2010 $178,790,484.44
147 May-2010 $193,390,139.27 May-2010 $178,490,172.01
148 Jun-2010 $192,656,643.57 Jun-2010 $178,187,268.15
149 Jul-2010 $191,916,487.69 Jul-2010 $177,881,750.52
150 Aug-2010 $191,169,611.15 Aug-2010 $177,573,596.54
151 Sep-2010 $190,415,952.92 Sep-2010 $177,262,783.48
152 Oct-2010 $189,655,451.43 Oct-2010 $176,949,288.39
153 Nov-2010 $188,888,044.52 Nov-2010 $176,633,088.12
154 Dec-2010 $188,113,669.48 Dec-2010 $176,314,159.33
155 Jan-2011 $187,332,263.05 Jan-2011 $175,992,478.48
156 Feb-2011 $186,543,761.38 Feb-2011 $175,668,021.82
157 Mar-2011 $185,748,100.02 Mar-2011 $175,340,765.40
158 Apr-2011 $184,945,213.97 Apr-2011 $175,010,685.05
159 May-2011 $184,135,037.61 May-2011 $174,677,756.41
160 Jun-2011 $183,317,504.75 Jun-2011 $174,341,954.91
Page 4
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
161 Jul-2011 $182,492,548.58 Jul-2011 $174,003,255.74
162 Aug-2011 $181,660,101.70 Aug-2011 $173,661,633.91
163 Sep-2011 $180,820,096.07 Sep-2011 $173,317,064.20
164 Oct-2011 $179,972,463.06 Oct-2011 $172,969,521.16
165 Nov-2011 $179,117,133.40 Nov-2011 $172,618,979.15
166 Dec-2011 $178,254,037.21 Dec-2011 $172,265,412.29
167 Jan-2012 $177,383,103.95 Jan-2012 $171,908,794.46
168 Feb-2012 $176,504,262.46 Feb-2012 $171,549,099.35
169 Mar-2012 $175,617,440.92 Mar-2012 $171,186,300.40
170 Apr-2012 $174,722,566.87 Apr-2012 $170,820,370.83
171 May-2012 $173,819,567.18 May-2012 $170,451,283.62
172 Jun-2012 $172,908,368.06 Jun-2012 $170,079,011.53
173 Jul-2012 $171,988,895.06 Jul-2012 $169,703,527.07
174 Aug-2012 $171,061,073.03 Aug-2012 $169,324,802.52
175 Sep-2012 $170,124,826.17 Sep-2012 $168,942,809.93
176 Oct-2012 $169,180,077.96 Oct-2012 $168,557,521.09
177 Nov-2012 $168,226,751.20 Nov-2012 $168,168,907.56
178 Dec-2012 $112,412,636.64 Dec-2012 $167,776,940.66
179 Jan-2013 $111,557,988.70 Jan-2013 $167,381,591.44
180 Feb-2013 $110,695,606.70 Feb-2013 $166,982,830.71
181 Mar-2013 $109,825,420.65 Mar-2013 $166,580,629.05
182 Apr-2013 $108,947,359.92 Apr-2013 $166,174,956.76
183 May-2013 $108,061,353.25 May-2013 $165,765,783.88
184 Jun-2013 $107,167,328.74 Jun-2013 $165,353,080.22
185 Jul-2013 $106,265,213.83 Jul-2013 $164,936,815.31
186 Aug-2013 $105,354,935.31 Aug-2013 $164,516,958.41
187 Sep-2013 $104,436,419.29 Sep-2013 $164,093,478.53
188 Oct-2013 $103,509,591.24 Oct-2013 $163,666,344.41
189 Nov-2013 $102,574,375.94 Nov-2013 $163,235,524.51
190 Dec-2013 $101,630,697.49 Dec-2013 $162,800,987.03
191 Jan-2014 $100,678,479.29 Jan-2014 $162,362,699.89
192 Feb-2014 $ 99,717,644.08 Feb-2014 $161,920,630.73
193 Mar-2014 $ 98,748,113.87 Mar-2014 $161,474,746.93
194 Apr-2014 $ 97,769,809.97 Apr-2014 $161,025,015.55
195 May-2014 $ 96,782,653.00 May-2014 $160,571,403.40
196 Jun-2014 $ 95,786,562.83 Jun-2014 $160,113,877.00
197 Jul-2014 $ 94,781,458.62 Jul-2014 $159,652,402.57
198 Aug-2014 $ 93,767,258.81 Aug-2014 $159,186,946.03
199 Sep-2014 $ 92,743,881.09 Sep-2014 $158,717,473.03
200 Oct-2014 $ 91,711,242.39 Oct-2014 $158,243,948.90
201 Nov-2014 $ 90,669,258.91 Nov-2014 $157,766,338.70
202 Dec-2014 $ 89,617,846.09 Dec-2014 $157,284,607.16
Page 5
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
203 Jan-2015 $ 88,556,918.60 Jan-2015 $156,798,718.72
204 Feb-2015 $ 87,486,390.33 Feb-2015 $156,308,637.51
205 Mar-2015 $ 86,406,174.41 Mar-2015 $155,814,327.34
206 Apr-2015 $ 85,316,183.16 Apr-2015 $155,315,751.74
207 May-2015 $ 84,216,328.13 May-2015 $154,812,873.88
208 Jun-2015 $ 83,106,520.05 Jun-2015 $154,305,656.64
209 Jul-2015 $ 81,986,668.86 Jul-2015 $153,794,062.59
210 Aug-2015 $ 80,856,683.66 Aug-2015 $153,278,053.95
211 Sep-2015 $ 79,716,472.76 Sep-2015 $152,757,592.63
212 Oct-2015 $ 78,565,943.62 Oct-2015 $152,232,640.20
213 Nov-2015 $ 77,405,002.85 Nov-2015 $151,703,157.91
214 Dec-2015 $ 76,233,556.26 Dec-2015 $151,169,106.68
215 Jan-2016 $ 75,051,508.75 Jan-2016 $150,630,447.08
216 Feb-2016 $ 73,858,764.40 Feb-2016 $150,087,139.34
217 Mar-2016 $ 72,655,226.41 Mar-2016 $149,539,143.34
218 Apr-2016 $ 71,440,797.11 Apr-2016 $148,986,418.65
219 May-2016 $ 70,215,377.92 May-2016 $148,428,924.45
220 Jun-2016 $ 68,978,869.41 Jun-2016 $147,866,619.58
221 Jul-2016 $ 67,731,171.22 Jul-2016 $147,299,462.54
222 Aug-2016 $ 66,472,182.09 Aug-2016 $146,727,411.46
223 Sep-2016 $ 65,201,799.84 Sep-2016 $146,150,424.09
224 Oct-2016 $ 63,919,921.37 Oct-2016 $145,568,457.86
225 Nov-2016 $ 62,626,442.65 Nov-2016 $144,981,469.79
226 Dec-2016 $ 61,321,258.70 Dec-2016 $144,389,416.55
227 Jan-2017 $ 60,004,263.60 Jan-2017 $143,792,254.43
228 Feb-2017 $ 58,675,350.46 Feb-2017 $143,189,939.36
229 Mar-2017 $ 57,334,411.44 Mar-2017 $142,582,426.85
230 Apr-2017 $ 55,981,337.69 Apr-2017 $141,969,672.07
231 May-2017 $ 54,616,019.42 May-2017 $141,351,629.78
232 Jun-2017 $ 53,238,345.82 Jun-2017 $140,728,254.35
233 Jul-2017 $ 51,848,205.07 Jul-2017 $140,099,499.76
234 Aug-2017 $ 50,445,484.36 Aug-2017 $139,465,319.60
235 Sep-2017 $ 49,030,069.84 Sep-2017 $138,825,667.04
236 Oct-2017 $ 47,601,846.65 Oct-2017 $138,180,494.86
237 Nov-2017 $ 46,160,698.87 Nov-2017 $137,529,755.44
238 Dec-2017 $ 44,706,509.55 Dec-2017 $136,873,400.74
239 Jan-2018 $ 43,239,160.66 Jan-2018 $136,211,382.30
240 Feb-2018 $ 41,758,533.12 Feb-2018 $135,543,651.24
241 Mar-2018 $ 40,264,506.76 Mar-2018 $134,870,158.28
242 Apr-2018 $ 38,756,960.34 Apr-2018 $134,190,853.69
243 May-2018 $ 37,235,771.50 May-2018 $133,505,687.33
244 Jun-2018 $ 35,700,816.79 Jun-2018 $132,814,608.61
Page 6
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
245 Jul-2018 $ 34,151,971.63 Jul-2018 $132,117,566.51
246 Aug-2018 $ 32,589,110.33 Aug-2018 $131,414,509.58
247 Sep-2018 $ 31,012,106.05 Sep-2018 $130,705,385.91
248 Oct-2018 $ 29,420,830.80 Oct-2018 $129,990,143.15
249 Nov-2018 $ 27,815,155.43 Nov-2018 $129,268,728.51
250 Dec-2018 $ 26,194,949.64 Dec-2018 $128,541,088.71
251 Jan-2019 $ 24,560,081.93 Jan-2019 $127,807,170.06
252 Feb-2019 $ 22,910,419.62 Feb-2019 $127,066,918.35
253 Mar-2019 $ 21,245,828.83 Mar-2019 $126,320,278.96
254 Apr-2019 $ 19,566,174.47 Apr-2019 $125,567,196.75
255 May-2019 $ 17,871,320.21 May-2019 $124,807,616.13
256 Jun-2019 $ 16,161,128.51 Jun-2019 $124,041,481.03
257 Jul-2019 $ 14,435,460.58 Jul-2019 $123,268,734.88
258 Aug-2019 $ 12,694,176.35 Aug-2019 $122,489,320.64
259 Sep-2019 $ 10,937,134.52 Sep-2019 $121,703,180.77
260 Oct-2019 $ 9,164,192.49 Oct-2019 $120,910,257.24
261 Nov-2019 $ 7,375,206.36 Nov-2019 $120,110,491.50
262 Dec-2019 $ 5,570,030.96 Dec-2019 $119,303,824.52
263 Jan-2020 $ 3,748,519.76 Jan-2020 $118,490,196.74
264 Feb-2020 $ 1,910,524.96 Feb-2020 $117,669,548.10
265 Mar-2020 $ 55,897.37 Mar-2020 $116,841,818.01
266 Apr-2020 Apr-2020 $116,006,945.37
267 May-2020 May-2020 $115,164,868.55
268 Jun-2020 Jun-2020 $114,315,525.37
269 Jul-2020 Jul-2020 $113,458,853.14
270 Aug-2020 Aug-2020 $112,594,788.62
271 Sep-2020 Sep-2020 $111,723,268.01
272 Oct-2020 Oct-2020 $110,844,226.97
273 Nov-2020 Nov-2020 $109,957,600.62
274 Dec-2020 Dec-2020 $109,063,323.50
275 Jan-2021 Jan-2021 $108,161,329.58
276 Feb-2021 Feb-2021 $107,251,552.28
277 Mar-2021 Mar-2021 $106,333,924.44
278 Apr-2021 Apr-2021 $105,408,378.31
279 May-2021 May-2021 $104,474,845.57
280 Jun-2021 Jun-2021 $103,533,257.30
281 Jul-2021 Jul-2021 $102,583,543.98
282 Aug-2021 Aug-2021 $101,625,635.50
283 Sep-2021 Sep-2021 $100,659,461.16
284 Oct-2021 Oct-2021 $ 99,684,949.61
285 Nov-2021 Nov-2021 $ 98,702,028.93
286 Dec-2021 Dec-2021 $ 97,710,626.54
Page 7
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
287 Jan-2022 Jan-2022 $ 96,710,669.25
288 Feb-2022 Feb-2022 $ 95,702,083.25
289 Mar-2022 Mar-2022 $ 94,684,794.08
290 Apr-2022 Apr-2022 $ 93,658,726.64
291 May-2022 May-2022 $ 92,623,805.17
292 Jun-2022 Jun-2022 $ 91,579,953.28
293 Jul-2022 Jul-2022 $ 90,527,093.90
294 Aug-2022 Aug-2022 $ 89,465,149.32
295 Sep-2022 Sep-2022 $ 88,394,041.12
296 Oct-2022 Oct-2022 $ 87,313,690.25
297 Nov-2022 Nov-2022 $ 86,224,016.93
298 Dec-2022 Dec-2022 $ 85,124,940.74
299 Jan-2023 Jan-2023 $ 84,016,380.52
300 Feb-2023 Feb-2023 $ 82,898,254.45
301 Mar-2023 Mar-2023 $ 81,770,479.97
302 Apr-2023 Apr-2023 $ 80,632,973.83
303 May-2023 May-2023 $ 79,485,652.06
304 Jun-2023 Jun-2023 $ 78,328,429.95
305 Jul-2023 Jul-2023 $ 77,161,222.08
306 Aug-2023 Aug-2023 $ 75,983,942.27
307 Sep-2023 Sep-2023 $ 74,796,503.61
308 Oct-2023 Oct-2023 $ 73,598,818.45
309 Nov-2023 Nov-2023 $ 72,390,798.37
310 Dec-2023 Dec-2023 $ 71,172,354.18
311 Jan-2024 Jan-2024 $ 69,943,395.93
312 Feb-2024 Feb-2024 $ 68,703,832.90
313 Mar-2024 Mar-2024 $ 67,453,573.57
314 Apr-2024 Apr-2024 $ 66,192,525.66
315 May-2024 May-2024 $ 64,920,596.05
316 Jun-2024 Jun-2024 $ 63,637,690.86
317 Jul-2024 Jul-2024 $ 62,343,715.38
318 Aug-2024 Aug-2024 $ 61,038,574.07
319 Sep-2024 Sep-2024 $ 59,722,170.59
320 Oct-2024 Oct-2024 $ 58,394,407.75
321 Nov-2024 Nov-2024 $ 57,055,187.54
322 Dec-2024 Dec-2024 $ 55,704,411.08
323 Jan-2025 Jan-2025 $ 54,341,978.66
324 Feb-2025 Feb-2025 $ 52,967,789.70
325 Mar-2025 Mar-2025 $ 51,581,742.75
326 Apr-2025 Apr-2025 $ 50,183,735.48
327 May-2025 May-2025 $ 48,773,664.69
328 Jun-2025 Jun-2025 $ 47,351,426.29
Page 8
<PAGE>
Alliance 1998-1
Principal Prepayment Table
Class 1A Class 2A
Principal Principal
Balance Balance
329 Jul-2025 Jul-2025 $ 45,916,915.27
330 Aug-2025 Aug-2025 $ 44,470,025.73
331 Sep-2025 Sep-2025 $ 43,010,650.87
332 Oct-2025 Oct-2025 $ 41,538,682.93
333 Nov-2025 Nov-2025 $ 40,054,013.27
334 Dec-2025 Dec-2025 $ 38,556,532.26
335 Jan-2026 Jan-2026 $ 37,046,129.37
336 Feb-2026 Feb-2026 $ 35,522,693.08
337 Mar-2026 Mar-2026 $ 33,986,110.94
338 Apr-2026 Apr-2026 $ 32,436,269.50
339 May-2026 May-2026 $ 30,873,054.35
340 Jun-2026 Jun-2026 $ 29,296,350.08
341 Jul-2026 Jul-2026 $ 27,706,040.31
342 Aug-2026 Aug-2026 $ 26,102,007.61
343 Sep-2026 Sep-2026 $ 24,484,133.59
344 Oct-2026 Oct-2026 $ 22,852,298.79
345 Nov-2026 Nov-2026 $ 21,206,382.76
346 Dec-2026 Dec-2026 $ 19,546,263.98
347 Jan-2027 Jan-2027 $ 17,871,819.90
348 Feb-2027 Feb-2027 $ 16,182,926.90
349 Mar-2027 Mar-2027 $ 14,479,460.30
350 Apr-2027 Apr-2027 $ 12,761,294.35
351 May-2027 May-2027 $ 11,028,302.19
352 Jun-2027 Jun-2027 $ 9,280,355.91
353 Jul-2027 Jul-2027 $ 7,517,326.45
354 Aug-2027 Aug-2027 $ 5,739,083.66
355 Sep-2027 Sep-2027 $ 3,945,496.27
356 Oct-2027 Oct-2027 $ 136,431.86
357 Nov-2027 Nov-2027 $ 311,756.89
Page 9
<PAGE>
EXHIBIT Q
FORM OF SERVICER'S MONTHLY REMITTANCE REPORT
TO TRUSTEE
<PAGE>
EXHIBIT R
PROPOSED SUBSEQUENT MORTGAGE LOAN SCHEDULE
<PAGE>
A L L I A N C E F U N D I N G Page 1 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
SUB-POOL I: FIXED RATE LOANS AVAILABLE FOR SALE
- ------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106147499 661474999 FERRY CHARLES D FL 43,088.60 10.275 0.000
106153237 661532374 INGERSOLL BRADLEY J MN 66,951.89 9.570 0.000
106153851 661538512 SMITH PAULINE F WI 65,450.00 12.000 0.000
106153921 661539213 ODMAN GARY J MN 55,543.04 10.375 0.000
106154246 661542464 BANKS JESSE GENIE JR NY 59,115.73 9.320 0.000
106154257 661542571 ROSS DENNIS R WI 26,699.98 11.490 0.000
106154321 661543215 SEALS MARCIA J NY 56,596.51 13.240 0.000
106154540 661545400 CACCAMISE JAMES A NY 54,781.63 11.125 0.000
106154555 661545558 WEGGE MARILYN WI 64,672.25 10.375 0.000
106154562 661545624 GROVES PAUL F JR KY 76,300.00 10.125 0.000
106154574 661545749 CHRISTIANSEN RANDALL G MN 77,946.95 10.375 0.000
106154618 661546184 MCNALLY JOSEPH D IN 69,085.86 9.000 0.000
106155012 661550129 WIRTH TERRY ALLEN WI 47,491.58 10.525 0.000
106155211 661552117 DEXTER DONALD K WI 46,000.00 10.875 0.000
106155212 661552125 HOOD LOVIE ANN IN 59,618.85 10.625 0.000
106155305 661553057 GLAPA PATRICIA A WI 43,803.02 9.320 0.000
106155368 661553685 DARNELL JULIA A IN 50,585.50 11.625 0.000
106155445 661554451 FASSETT DONALD C MN 63,789.70 9.320 0.000
106155459 661554592 GREEN VALERIE J IN 58,259.48 9.195 0.000
106155625 661556258 MCGOWAN MARY IL 26,970.76 10.875 0.000
106155755 661557553 THOMPSON VANNESSA M IN 89,856.15 9.195 0.000
106155756 661557561 BRECHTEL CRAIG D IN 70,966.19 9.445 0.000
106155814 661558148 NASH TRACI L IN 44,279.90 9.320 0.000
106156111 661561118 BUCHANAN GENE NY 27,574.42 9.320 0.000
106156131 661561316 YOUNG WILLIAM IL 55,489.32 11.750 0.000
106156729 661567297 DERTILIS NANCY MARIE NY 73,068.47 11.375 0.000
106156748 661567487 GUTSCHOW JULIA M WI 72,288.44 9.445 0.000
106156751 661567511 WHITMAN CHARLES E WI 58,933.66 9.445 0.000
106156754 661567545 SCHMIDT DENISE M WI 51,999.60 9.445 0.000
106156903 661569038 CRANDALL SUSAN S NY 38,250.90 13.490 0.000
106157319 661573196 MCCONNELL GREGORY A NY 61,604.80 9.000 0.000
106157611 661576116 LANE CHARLENE R IN 64,746.28 9.320 0.000
106157655 661576553 WHEELER THOMAS J IN 46,299.26 10.890 0.000
106157939 661579391 GOLD LUE ELLA IN 20,000.00 9.750 0.000
106158308 661583088 WEISANSAL SHERI A NY 69,951.56 10.625 0.000
106160210 661602102 THORNBURY REX C IN 45,700.00 10.500 0.000
106160444 661604447 CARTER VIVIAN IN 52,900.00 11.500 0.000
106160762 661607622 EARLY DONALD L IN 51,961.50 9.750 0.000
106160776 661607762 ANDREWS PHYLLIS A IL 56,428.74 9.250 0.000
106161184 661611848 HEBB DANIEL C WV 32,958.93 13.390 0.000
106161247 661612473 SHIPLEY MATTHEW IL 138,714.88 12.550 0.000
106161338 661613380 MASTERS JOSEPH FREDERICK MN 97,600.00 9.875 0.000
106161344 661613448 STONE CHARLEE GUY OH 45,473.16 9.875 0.000
106161504 661615047 O'CONNER MALACHY IN 112,159.99 11.000 0.000
106161512 661615120 BICKEL PATRICK J IN 40,978.67 8.500 0.000
106162383 661623835 GIBSON CHARLIE AL 44,500.00 12.750 0.000
106162466 661624668 WILLIAMS ROBERT DALE TX 40,000.00 13.000 0.000
106162511 661625111 RISSMILLER SAMUEL PA 89,249.28 8.875 0.000
106162526 661625269 STEEN BETTYE J IL 29,991.78 12.200 0.000
106162650 661626507 LEWIS DAVID A SR CT 75,000.00 10.300 0.000
106162715 661627158 TRAUD DANIEL MI 37,800.00 12.650 0.000
106162816 661628164 CONTI VERONICA PA 33,730.35 8.750 0.000
106162877 661628776 MURRAY MYRA F GA 42,000.00 12.300 0.000
106162914 661629147 RICCIO MICHAEL NY 55,108.85 9.000 0.000
106162919 661629196 STONER DEBORAH L PA 19,700.93 8.750 0.000
106162924 661629246 ADAMO JOHN J NY 69,984.26 9.000 0.000
106162944 661629444 PLESS WILBERT JR PA 88,265.04 13.500 0.000
106162948 661629485 DIEROLF SPENCER C JR PA 23,424.64 13.375 0.000
106162992 661629923 COLE RANDY MS 44,100.00 10.600 0.000
106163024 661630244 SPAHR WILLIAM E PA 34,728.58 10.000 0.000
106163169 661631697 CONNELLY WALTER J JR NY 66,470.95 8.625 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 2 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106163176 661631762 RUSSO BONNIE L PA 132,883.06 9.875 0.000
106163181 661631812 DENNICK-REAM ZANE PA 110,002.83 10.875 0.000
106163200 661632000 CANADY FRANKLIN E NC 86,539.70 13.650 0.000
106163296 661632968 COLLINS RICHARD L JR VA 49,000.00 11.250 0.000
106163322 661633222 STAPLETON THERESA C NJ 91,000.00 9.875 0.000
106163418 661634188 RUSINKO LARRY E PA 35,100.00 13.240 0.000
106163442 661634428 TKACH KATHLEEN I PA 34,400.00 10.625 0.000
106163485 661634857 PYRITZ JAMES R IL 128,000.00 8.670 0.000
106163491 661634915 HEALY DONN M III IL 50,000.00 10.250 0.000
106163550 661635508 BROWN BENJAMIN HARRIS PA 56,400.00 8.875 0.000
106163570 661635706 RULE EUGENE R WI 46,600.00 14.125 0.000
106163684 661636845 FITZPATRICK BARRY NY 148,300.00 9.375 0.000
106163710 661637108 STEALS EDWARD JR PA 30,300.00 11.875 0.000
106163756 661637561 HAM KENT A IN 39,500.00 8.750 0.000
106163797 661637975 TUCKER JAMES J NY 162,900.00 11.376 0.000
106163912 661639120 TRUAX JEFFREY A SR PA 61,200.00 8.625 0.000
106163914 661639146 WAGNER CAROL A PA 63,200.00 8.626 0.000
800001620 680001625 BOUVIER ARTHUR L JR CT 23,950.43 11.750 0.000
800057721 680057726 ARMSTEAD DAVID JR NY 89,289.12 12.600 0.000
800077315 680077310 RIVERA DENNY FL 80,386.03 10.750 0.000
800081226 680081221 MINFORD SONDRA A PA 30,731.91 11.750 0.000
800290611 800290611 ROBINSON UNDRACUS LAMAR SC 56,745.66 13.000 0.000
800328452 800328452 SPARACINO FRANCES NY 124,979.88 10.600 0.000
800349300 800349300 YATSKO FRANK J JR PA 33,420.95 9.400 0.000
800350969 800350969 EDWARDS DAVID J MD 161,500.00 12.500 0.000
800380008 800380008 OTEY JAMES L NY 62,692.81 11.850 0.000
800392995 800392995 PIATT SAMUEL MD 36,773.64 10.990 0.000
800401416 800401416 MALDONADO CHARLES H GA 121,077.01 10.800 0.000
800409039 800409039 MANTA DARLENE NY 141,312.84 10.990 0.000
800412587 800412587 FOWLER PEGGY L MD 127,500.00 12.550 0.000
800413841 800413841 BOLTON ARNETTA KAYE CA 58,965.79 10.125 0.000
800414708 800414708 SAGIRI RABIJE PA 16,772.42 12.550 0.000
800417149 800417149 LEHMAN META FL 39,750.00 10.400 0.000
800418816 800418816 STEVENSON CRAIG S FL 63,472.11 10.600 0.000
800422081 800422081 GODWIN SHERI L DE 97,801.00 10.150 0.000
800427726 800427726 YAEGER BILLIE P FL 140,250.00 10.950 0.000
800429102 800429102 RUDY JAY N PA 118,760.22 11.800 0.000
800438301 800438301 SAXON ROBERT E NJ 144,000.00 10.550 0.000
800442162 800442162 SEARS SANDRA O MI 52,249.21 12.250 0.000
800443863 800443863 HEFFRON ANDREW MD 43,400.00 13.350 0.000
800446742 800446742 CUTRONE JAMES F NY 119,500.00 10.600 0.000
800446890 800446890 COLLINS LARRY W FL 39,200.00 10.900 0.000
800451353 800451353 PULEO THOMAS A NY 76,422.19 11.600 0.000
800454373 800454373 KEEBER BETHANIE BARTON FL 53,550.00 9.990 0.000
800461311 800461311 COLON FLORENTINO PA 37,340.18 11.990 0.000
800463507 800463507 HARVEY GLADINE MD 50,969.62 9.550 0.000
800467821 800467821 KARIORIS PETER I IL 140,000.00 12.500 0.000
800468977 800468977 RICHARDSON B KAREN NC 25,647.30 9.900 0.000
800473399 800473399 GOODRICH LISA S NY 190,589.43 11.200 0.000
800476921 800476921 CONNER ALAN L CO 162,000.00 11.450 0.000
800477440 800477440 ROUNDTREE BETTY PA 58,426.27 11.050 0.000
800479214 800479214 WALKER CAROLYN E SC 124,100.00 12.800 0.000
800480618 800480618 WILLIAMS DONALD R GA 77,600.00 9.400 0.000
800481863 800481863 FEIN JACK PA 31,200.00 9.650 0.000
800483224 800483224 FISH STEWART CT 70,000.00 9.300 0.000
800484222 800484222 SMITH JAMES F FL 101,736.39 9.500 0.000
800488942 800488942 ALSTON DOREATHA NY 189,000.00 11.600 0.000
800492167 800492167 ARMOND ROBIN NY 142,800.00 11.400 0.000
800492696 800492696 METAKES JOYCE NY 174,561.49 12.250 0.000
800498131 800498131 DUFRESNE-DEI DARLENE FL 84,000.00 12.750 0.000
800501629 800501629 SCULL BARRY RANDOLPH AZ 110,400.00 12.100 0.000
800502395 800502395 PEDERSEN NICHOLAS R NY 120,000.00 10.100 0.000
800503021 800503021 GALLUP ROXANNE NY 25,953.76 11.600 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 3 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800511131 800511131 BARNETT WILLIAM B JR MD 43,963.53 11.100 0.000
800513095 800513095 BAIYEWU ABIMBOLA V DC 129,600.00 10.800 0.000
800513137 800513137 BADMOS ANTHONY JOHN DC 121,418.66 11.650 0.000
800513830 800513830 BARKLEY DONNA M MD 32,191.48 12.350 0.000
800514879 800514879 FONTIMAYOR HENRY B PA 73,100.00 12.250 0.000
800517427 800517427 DUNN LILLIE P NY 112,474.21 12.990 0.000
800518953 800518953 MCKITHEN JAMES NY 121,500.00 10.550 0.000
800521775 800521775 DONAHUE JEFFREY WAYNE FL 40,800.00 12.750 0.000
800522005 800522005 PALMER WENDY PA 49,492.56 11.750 0.000
800524738 800524738 FOSTER CLARISA NY 148,750.00 12.450 0.000
800525180 800525180 PEGUERO CESAR NY 123,020.28 14.990 0.000
800525370 800525370 AULT MARY JANE FL 63,750.00 11.700 0.000
800527624 800527624 DUMONT RAYMOND E MA 61,665.56 10.875 0.000
800528614 800528614 MENEELEY EDWARD STERLING PA 52,490.00 9.850 0.000
800529950 800529950 DEBERRY DAVID B NJ 97,416.48 13.750 0.000
800530289 800530289 FIELDS RUFUS FL 29,876.77 10.250 0.000
800532350 800532350 JOHNSON JAMES F PA 106,219.25 11.950 0.000
800533051 800533051 DOUGLAS CHARITA MD 35,608.14 11.100 0.000
800534919 800534919 COLEMAN SHONNETTE NY 199,750.00 10.850 0.000
800539132 800539132 FAZIO RICHARD NH 122,024.08 11.500 0.000
800540627 800540627 HARRIPERSAD HARRIKISSO NY 153,000.00 11.950 0.000
800543316 800543316 LONG JOHN W JR MD 38,250.00 11.800 0.000
800545295 800545295 STARRY MARY K PA 63,871.31 8.650 0.000
800545923 800545923 MOORE ELISHA M OH 63,000.00 11.400 0.000
800548034 800548034 POLYCARPE CHANTAL NY 114,750.00 10.350 0.000
800548166 800548166 LARSON CRAIG R FL 50,703.79 13.250 0.000
800549719 800549719 MONDRAGON FRANCISCO NY 114,750.00 10.625 0.000
800554099 800554099 HILTON DELMA ANN NC 48,450.00 10.250 0.000
800554149 800554149 CARLIN BERTRAND J NC 50,575.00 11.400 0.000
800554347 800554347 MOSLEY HENRY NY 166,500.00 10.350 0.000
800555419 800555419 NICHOLSON MURIEL NY 97,712.23 9.050 0.000
800556557 800556557 MELCHIOR KENNETH H DE 129,600.00 10.550 0.000
800562571 800562571 RICHARDS COLLWEEN NY 152,800.00 10.350 0.000
800564296 800564296 LAWTON JOSEPH E CO 88,000.00 9.550 0.000
800564338 800564338 CAMPBELL THOMAS NY 106,000.00 9.300 0.000
800564528 800564528 NEFF WILLIAM J CT 130,000.00 9.500 0.000
800565269 800565269 COOK AUDREY GENE NC 79,615.64 8.900 0.000
800565459 800565459 DOLLAR DONALD E GA 130,500.00 11.450 0.000
800566150 800566150 RODRIGUEZ EVA NY 128,000.00 11.950 0.000
800568388 800568388 LUBERSKI LISA M PA 23,250.00 9.500 0.000
800569097 800569097 MCRAE DELORIS SC 42,300.00 11.050 0.000
800571143 800571143 DELL KARL NY 170,000.00 10.600 0.000
800572281 800572281 NEWELL EDWARD M FL 19,448.29 10.950 0.000
800572331 800572331 BADILLO ARMANDO A WA 34,400.00 11.600 0.000
800573446 800573446 ROBINSON PATRICIA A FL 34,346.30 10.500 0.000
800573693 800573693 PRAWDZIK SANDRA L FL 70,400.00 10.350 0.000
800574444 800574444 ALLMAN BARBARA K PA 77,400.00 10.650 0.000
800578213 800578213 NARVAEZ JOSE A FL 77,850.00 9.250 0.000
800579500 800579500 ENILARI MOPELOLA DC 110,150.00 9.400 0.000
800580839 800580839 FORBES HUGH NY 178,500.00 9.950 0.000
800581241 800581241 LINCOLN ROBERT HENRY CO 64,000.00 12.850 0.000
800581589 800581589 ZABKOWSKI ANGELA MD 86,100.00 11.100 0.000
800582710 800582710 DOTTON JOANNE F MA 79,800.00 11.850 0.000
800583650 800583650 BEGNOR JOHN FL 46,400.00 12.350 0.000
800583700 800583700 CREAGER BRUCE A OH 50,400.00 10.200 0.000
800584104 800584104 DOTTON JOANNE MA 81,200.00 11.850 0.000
800584310 800584310 VIEYRA ELIAS AZ 44,800.00 10.350 0.000
800584849 800584849 DAVIGNON CHARLES J MA 65,000.00 11.050 0.000
800586943 800586943 CHEN HUI RU MI 57,000.00 9.700 0.000
800587289 800587289 BURDEN HENRY L PA 95,000.00 9.500 0.000
800587867 800587867 BORING GALE R OH 57,800.00 8.900 0.000
800589632 800589632 THOMPSON BRYNN PA 63,750.00 10.850 0.000
800590895 800590895 NARVAEZ JOSE A NY 200,000.00 11.950 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 4 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800590978 800590978 CASPER MARVIN GA 169,400.00 10.600 0.000
800591109 800591109 SECHRIST DAVID A CO 128,000.00 9.700 0.000
800592990 800592990 SMITH HENRY K FL 26,250.00 11.100 0.000
800593022 800593022 ACKERMAN ROBERT OH 106,200.00 9.850 0.000
800594053 800594053 PETERS GLYNDA GA 105,300.00 10.650 0.000
800594392 800594392 DUVAL JOHN FL 28,500.00 10.100 0.000
800595951 800595951 HOLLY BRUCE FL 36,400.00 10.950 0.000
800599235 800599235 KAYLOR DAVID F PA 103,862.87 9.990 0.000
800601031 800601031 BROOKS EULA B TN 54,200.00 9.300 0.000
800601460 800601460 SCHUPPEL JAMES Q NY 82,000.00 8.500 0.000
800601494 800601494 THOMAS JAMES AZ 110,400.00 8.900 0.000
800602054 800602054 PRINGLE NICOLE Q SC 76,000.00 11.000 0.000
800602286 800602286 BASTA DOLORES NY 105,440.00 10.990 0.000
800602914 800602914 PARKER ROBERT FL 49,500.00 9.250 0.000
800604084 800604084 SMITH KENNETH W PA 96,028.01 9.600 0.000
800604621 800604621 GEORGIOUDAKI JOHN NY 162,000.00 10.650 0.000
800605883 800605883 RAVER LISA M PA 45,270.00 9.900 0.000
800606535 800606535 SIMMONS JOHN VINCENT PA 60,000.00 10.600 0.000
800607004 800607004 TALFORD FREDRICK W NC 97,325.00 10.500 0.000
800607780 800607780 TOLBERT WILLIAM NY 148,500.00 10.400 0.000
800608424 800608424 PARENTE GIUSEPPE NY 120,507.82 11.550 0.000
800608622 800608622 MARINO WILLIAM J JR NY 148,500.00 11.500 0.000
800609539 800609539 SALTER EDWARD GA 49,500.00 10.650 0.000
800609943 800609943 PATTERSON PATRICE FL 58,600.00 10.000 0.000
800610305 800610305 BROWN SYLVIA FL 37,100.00 10.750 0.000
800610891 800610891 LEGAGNEUR JOSEPH ROGER DC 112,500.00 11.200 0.000
800611725 800611725 AZOR JACQUELINE NY 122,693.87 10.950 0.000
800613978 800613978 MCKNIGHT JAMES N OH 53,000.00 10.250 0.000
800614000 800614000 NAGL SANDRA L NJ 48,800.00 9.850 0.000
800614448 800614448 BRIZAN ANNMARIE NY 142,139.01 9.150 0.000
800614489 800614489 RUIZ OSCAR FL 56,150.00 10.350 0.000
800616336 800616336 DELEGGE MARIE L NY 62,751.53 10.400 0.000
800617391 800617391 MCKAY KRISTOPHER NY 193,500.00 10.150 0.000
800617722 800617722 LOMAX ALONA MARIA MD 42,091.00 8.900 0.000
800618696 800618696 FLORES ANTONIO RI 92,000.00 10.400 0.000
800619538 800619538 ANDREAS CHERYL A PA 60,300.00 10.400 0.000
800619819 800619819 BENYON ALFRED E FL 54,500.00 9.850 0.000
800620171 800620171 OWENS PATRICK J PA 78,000.00 9.750 0.000
800621229 800621229 RICH WHITNEY L NC 55,300.00 10.600 0.000
800621989 800621989 SOKOLOFF HOWARD NY 148,384.80 12.500 0.000
800623316 800623316 MAHER VERNA PA 53,313.00 11.250 0.000
800623720 800623720 SHERBONDY ROBERT E PA 113,000.00 8.750 0.000
800623969 800623969 ROBERTSON MATTHEW MI 50,000.00 10.750 0.000
800624363 800624363 DORE LISA OH 57,600.00 8.500 0.000
800625774 800625774 FRANK HELEN MI 43,900.00 8.500 0.000
800625949 800625949 KNOLL GARRY E MI 27,500.00 9.500 0.000
800627804 800627804 ROEBUCK ARTHUR D PA 28,000.00 9.650 0.000
800631913 800631913 ROBSON JOAN T NY 31,988.21 10.850 0.000
800632044 800632044 RYDER ANITA TN 67,500.00 9.500 0.000
800632416 800632416 ANDERSON CHRIS FL 56,700.00 10.150 0.000
800633018 800633018 HICKS CHARLIE CO 52,000.00 10.700 0.000
800633158 800633158 BECKHAM ROBERT PA 63,000.00 10.700 0.000
800633364 800633364 PAULAUSKAS WALLACE D FL 62,877.75 10.250 0.000
800633687 800633687 DEGUISE JOSEPH MI 150,000.00 9.850 0.000
800633778 800633778 PINELLI EMERSON FL 79,200.00 9.500 0.000
800634321 800634321 BUCKNER JAMES W TN 88,000.00 8.900 0.000
800636573 800636573 BRENNAN JOHN J CO 117,000.00 9.950 0.000
800636664 800636664 AMMONS BASS NANCY NC 53,550.00 9.850 0.000
800637621 800637621 GOLIA ANNAMARIA NY 168,000.00 10.050 0.000
800637902 800637902 CAGGIANO JOSEPH NY 74,000.00 9.250 0.000
800639049 800639049 DOTTON JOANNE F MA 80,500.00 11.850 0.000
800639791 800639791 BUELTEL THOMAS R OH 124,100.00 10.050 0.000
800641102 800641102 LINK CECIL A IN 42,000.00 9.500 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 5 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800641342 800641342 KANTER JOAN M FL 85,850.00 11.600 0.000
800641607 800641607 SMITH HARLEY B MN 42,200.00 12.590 0.000
800641748 800641748 ESTES MARTHA JANE TN 18,750.00 10.850 0.000
800641904 800641904 WHITE HATTIE NY 158,400.00 10.650 0.000
800642316 800642316 FLAHERTY KEVIN P IN 54,400.00 10.600 0.000
800642407 800642407 KHOUNSAVATH CHANTHALA RI 85,000.00 8.850 0.000
800642746 800642746 STUBBS RANDOLPH CA 58,255.10 9.375 0.000
800643694 800643694 MUNOZ ROBERT LUIS FL 53,100.00 9.000 0.000
800645236 800645236 SMALL BRENDA NJ 208,000.00 10.300 0.000
800645566 800645566 HERNANDEZ RAYMOND NY 47,700.00 11.450 0.000
800645780 800645780 FENNELLY MARYANN CT 155,250.00 10.150 0.000
800645855 800645855 HUA STEVE WA 80,392.76 11.725 0.000
800646523 800646523 KERR KENNETH P FL 38,065.00 12.100 0.000
800646614 800646614 JOHNSTON WILLIAM FL 63,750.00 8.900 0.000
800647695 800647695 MAURER BRUCE L MN 102,600.00 10.550 0.000
800648271 800648271 PIPER DAVID G. MI 70,000.00 8.750 0.000
800648362 800648362 BENKO JAMIE MI 59,500.00 8.650 0.000
800649691 800649691 WILLIAMS KENDY DC 120,700.00 11.250 0.000
800650392 800650392 ARNS THOMAS G MO 129,328.00 8.750 0.000
800653420 800653420 PITCHFORD SHEILA NY 157,500.00 10.150 0.000
800654410 800654410 BALL BARBARA J FL 51,750.00 10.150 0.000
800657108 800657108 LEBO JANICE PA 91,800.00 9.000 0.000
800657801 800657801 PIRES LIDIA P MA 52,000.00 11.700 0.000
800658486 800658486 YOUNG TOMMY LEE SR FL 33,200.00 9.000 0.000
800658528 800658528 HAMPTON WADE GA 150,300.00 10.650 0.000
800659476 800659476 PILCICIKI ROBERT E PA 179,500.00 8.650 0.000
800660656 800660656 RICCIARDI FRANK A FL 40,000.00 10.600 0.000
800660698 800660698 MURRAY WILLIAM C PA 102,400.00 9.400 0.000
800663064 800663064 RUBEN ELAINE PA 54,000.00 9.950 0.000
800663361 800663361 SMITH VICKI RAE PA 113,500.00 9.600 0.000
800664328 800664328 STREETER WILLIE MAE NY 137,700.00 9.750 0.000
800665184 800665184 HOPE AMOS J III FL 49,600.00 9.750 0.000
800666109 800666109 MILLER PHYLLIS D IN 37,800.00 11.350 0.000
800667446 800667446 RUDDELL SHARON R OR 75,500.00 9.525 0.000
800668006 800668006 BINDER LOIS MI 64,000.00 9.850 0.000
800668501 800668501 BROWN JOYCE GA 30,400.00 9.650 0.000
800669111 800669111 SCHOMBURG JO ANN MO 55,409.00 11.100 0.000
800669210 800669210 MCALLISTER PATRICK F FL 40,000.00 12.350 0.000
800670754 800670754 SILVIS DIANA M FL 73,440.00 9.500 0.000
800671976 800671976 LABOZETTA KARAN NY 90,000.00 11.700 0.000
800672313 800672313 PATSIOURAS BETTY NY 144,000.00 13.100 0.000
800674152 800674152 ROMAN AUGUSTIN FL 28,500.00 8.800 0.000
800674202 800674202 HEBB ROBERT E FL 62,000.00 9.400 0.000
800677486 800677486 SIMMONS SHIRELLE FL 48,000.00 12.100 0.000
800678153 800678153 YOUNG WERNER W FL 23,300.00 8.900 0.000
800681686 800681686 LIGHTBURNE RYAN NY 171,000.00 10.250 0.000
800684730 800684730 ICENOGLE GLENDALE R FL 60,000.00 11.600 0.000
800688145 800688145 MCCOLE PATRICK PA 16,500.00 10.700 0.000
800688251 800688251 WILSON, JULIUS WINFIELD FL 55,000.00 8.600 0.000
800690539 800690539 MALDONADO AUDEL F. ID 86,400.00 8.900 0.000
800691131 800691131 BENAVIDEZ LAWRENCE RAY CA 72,000.00 9.625 0.000
800692428 800692428 MARTINEZ MARIA NY 155,940.18 13.800 0.000
800694788 800694788 CLARK NANCEE V FL 23,000.00 8.750 0.000
5000000066 5000000066 TOOKER DAVID B FL 46,477.99 9.320 0.000
5000000157 5000000157 DENNIS HATTIE LEE FL 49,857.53 12.825 0.000
5000000199 5000000199 CORSON SHIRLEY A FL 62,156.92 10.780 0.000
5000000314 5000000314 WILLIAMS EARNEST GA 51,678.43 11.130 0.000
5100000586 5100000586 CERASIN JANICE M OR 69,800.00 9.000 0.000
5100000800 5100000800 WRIGHT SUSAN KAY OR 68,947.96 10.125 0.000
5100001337 5100001337 NGUYEN LARRY T WA 71,831.67 11.695 0.000
5100001485 5100001485 GOWDY WILLIAM L WA 70,560.19 9.320 0.000
5100001782 5100001782 MARSHALL DONALD H WA 49,179.53 11.125 0.000
5100002186 5100002186 GIX ROBERT H WA 78,254.92 11.625 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 6 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
5100002202 5100002202 STAMP CHARLES ALLEN WA 61,647.93 10.750 0.000
5100002673 5100002673 JASMIN GREGORY P FL 54,400.00 9.000 0.000
5100003499 5100003499 BITTERMAN ERMA L OR 52,001.88 10.640 0.000
5100003515 5100003515 HOWLAND BRUCE A OR 61,000.00 9.445 0.000
5100003556 5100003556 SILVA DAVID A WA 41,887.87 9.000 0.000
5100003580 5100003580 HOCHSTEDLER GENE H WA 49,298.06 11.275 0.000
5100004356 5100004356 ALLEN PARKS C WA 125,038.42 10.840 0.000
5100006690 5100006690 KARANZA PATRICIA S CT 78,900.00 11.125 0.000
5100006864 5100006864 NOYOLA NATIVIDAD C WA 73,746.17 8.975 0.000
5100007144 5100007144 REYNOLDS JOHN W OR 86,440.52 10.775 0.000
5100007326 5100007326 BURKE WILLIAM R WA 94,146.87 9.100 0.000
5100007524 5100007524 DEYOUNG ALVAH N MA 77,956.79 8.975 0.000
5100013316 5100013316 REID ANNY C CA 69,800.00 10.375 0.000
5100013365 5100013365 SMITH ALAN B ID 136,523.92 11.775 0.000
5100013415 5100013415 HOYT JOHN M CT 47,300.00 8.625 0.000
5100013480 5100013480 FERRETTI NICHOLAS A MA 110,400.00 9.275 0.000
5100013571 5100013571 SPICER CHARLES E CT 68,100.00 9.500 0.000
5100014090 5100014090 CORBIN CHARLES W A MA 101,500.00 10.000 0.000
5100014132 5100014132 FLOOD LUCINDA MARIE WA 44,700.00 8.600 0.000
5100014140 5100014140 STARR DENNIS M CT 188,300.00 11.590 0.000
5100014165 5100014165 AUSTIN CLIFFORD RAYMOND J OR 28,153.24 8.975 0.000
5100014231 5100014231 BROADBENT ENOLA OR 29,500.00 10.375 0.000
5100014322 5100014322 SKEELS MICHAEL A OR 98,416.07 9.000 0.000
5100014348 5100014348 NEYENS JAMES A WA 42,400.00 10.975 0.000
5100014363 5100014363 JOHNSON GERALD E OR 90,100.00 10.100 0.000
5100014371 5100014371 TORRES RAUL WA 93,000.00 10.225 0.000
5100014405 5100014405 YURKSAITIS VINCENT J CT 179,600.00 9.600 0.000
5100014454 5100014454 FORSYTHE MARC W WA 148,300.00 10.775 0.000
5300001160 5300001160 TANIZAWA CHRISTINE CA 129,088.26 11.000 0.000
5300003851 5300003851 MARCUS ALAN CA 140,200.00 9.000 0.000
5400000104 5400000104 SANGSLAND STEPHEN D MI 64,035.59 10.375 0.000
5400001284 5400001284 WILLIAMS LARRY MI 30,500.00 14.125 0.000
5400001672 5400001672 APPLEBEE TIMOTHY W. MI 79,900.00 10.850 0.000
5400002670 5400002670 EYESTONE SANDRA A MI 55,600.00 10.500 0.000
5400002696 5400002696 ZIELONKA CHERYL A MI 63,056.15 10.975 0.000
5400002712 5400002712 SPRAGUE MARLA A MI 46,320.42 11.850 0.000
5400002845 5400002845 GAILLIARD CARLTON EUGENE MI 30,142.29 11.125 0.000
5400002860 5400002860 PAYNE KRISTY MI 47,100.00 8.975 0.000
5400002878 5400002878 JOHNSON ROGER ALAN MI 33,900.00 11.475 0.000
5400002902 5400002902 RAGELS GARY L MI 31,431.37 11.850 0.000
5400003009 5400003009 PAVLAK JOHN E. MI 50,900.00 8.750 0.000
5400003017 5400003017 LAROUCHE BRIAN K MI 103,900.00 10.475 0.000
5400003033 5400003033 OSBORNE DAWN C MI 79,200.00 9.225 0.000
5600000086 5600000086 MCCARTHY ERNEST D. OH 40,300.00 10.625 0.000
5600000185 5600000185 YARAB JOHN P OH 55,600.00 8.750 0.000
5600000631 5600000631 DUKE THEODORE L. OH 91,600.00 10.250 0.000
5600001175 5600001175 DE LEON LIBRADA OH 43,800.00 8.750 0.000
5600001209 5600001209 WAGNER MARION G. IL 77,700.00 9.250 0.000
5600001225 5600001225 MOFFITT DEBORAH R. OH 84,400.00 11.150 0.000
5600001274 5600001274 WILSON VERA C. IL 49,100.00 12.876 0.000
5600001720 5600001720 GLAD CHRISTINE R WI 110,900.00 10.500 0.000
5700000127 5700000127 BEIRIGER TOM W CO 49,977.82 10.000 0.000
5700000143 5700000143 ANDERSON ANITA AZ 45,318.70 9.125 0.000
5700000192 5700000192 SCHMIDT MARY G CO 135,341.93 11.750 0.000
5700000689 5700000689 ROSE JEANNETTE M CO 51,300.00 9.625 0.000
5700000770 5700000770 MCKENZIE ELWOOD AZ 67,200.00 9.375 0.000
- --------------------------------------------------------------------------------------------------------
Loans in Servicing not yet tagged for sale 369 28,629,995.94
106158753 LIP MCKEOWN NANCY KY 76,800.00 10.375 0.000
106160794 LIP STRADER JOHN P IL 48,600.00 9.125 0.000
106160881 LIP MORGAN WILLIAM G IN 76,300.00 10.375 0.000
106162399 LIP NAPIER SHARON L. OH 135,000.00 9.650 0.000
106162968 LIP BURGER MARY C IL 86,000.00 10.300 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 7 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106163219 LIP HUGHES RICHARD L. IL 45,000.00 10.550 0.000
106163226 LIP SUTTON GARY A KS 41,200.00 10.700 0.000
106163849 LIP GOERLITZ DAVID B NJ 78,600.00 10.750 0.000
106163911 LIP HARTEM GLEN A NJ 63,200.00 9.625 0.000
106163985 LIP DAYTON RICHARD B NJ 124,200.00 9.875 0.000
106163998 LIP LESSARD NANCY NJ 94,400.00 10.026 0.000
800488959 LIP BARKLEY DONNA M MD 39,200.00 12.750 0.000
800489007 LIP DOUGLAS CHARITA MD 38,000.00 11.100 0.000
800489833 LIP KENNARD ANDRE L PA 20,000.00 10.450 0.000
800490435 LIP BERRIOS JOSE NY 15,200.00 10.950 0.000
800503781 LIP PANETTI STELLA R PA 55,000.00 9.200 0.000
800504441 LIP LAMB DAWN MARIE MD 40,000.00 12.900 0.000
800504656 LIP DOUGLAS CHARITA MD 40,000.00 11.100 0.000
800507584 LIP LAMB DAWN MARIE MD 35,000.00 12.050 0.000
800511206 LIP BARNETT JR WILLIAM B MD 32,000.00 11.100 0.000
800511297 LIP BARNETT JR WILLIAM B MD 36,000.00 11.100 0.000
800515298 LIP PARKHURST CHARLES K PA 23,800.00 13.050 0.000
800516767 LIP LEWELLEN JEFFREY IN 51,400.00 12.400 0.000
800517641 LIP JOHNS KAREN PA 73,200.00 11.250 0.000
800519480 LIP SANTEY DEBBIE J PA 40,000.00 9.950 0.000
800523367 LIP GRANT NICHOLAS A. FL 69,000.00 9.100 0.000
800526907 LIP MCLEOD VALENCIA A MD 40,600.00 12.400 0.000
800530545 LIP VAUGHAN DENNIS J PA 114,100.00 9.500 0.000
800531667 LIP COX CHARLES NC 51,300.00 10.800 0.000
800532343 LIP TEMPLON JOHN PA 44,100.00 10.600 0.000
800539017 LIP KASPRZAK DAVID B PA 51,200.00 13.050 0.000
800540080 LIP SOSA JESUS J OR 55,250.00 11.800 0.000
800540395 LIP ANKNER CHARLES FL 50,000.00 10.750 0.000
800541112 LIP RAINEY SHREADEEN NY 162,000.00 9.750 0.000
800543001 LIP SHRADER ANN M PA 60,742.00 11.850 0.000
800543175 LIP WALL HENRIETTA MD 20,000.00 14.240 0.000
800543266 LIP SMITH CECELIA C MD 23,600.00 10.300 0.000
800543332 LIP LONG JR JOHN W MD 33,000.00 11.300 0.000
800543340 LIP LONG JR JOHN W MD 33,750.00 11.300 0.000
800545592 LIP PALARINO ANTHONY R. FL 85,000.00 9.350 0.000
800546913 LIP SMITH JEAN PA 31,500.00 11.850 0.000
800551277 LIP MURRAY RAYMOND L FL 170,000.00 10.550 0.000
800553265 LIP WALKER SANDY G FL 68,400.00 10.650 0.000
800553323 LIP BROWN III JAMES H NY 69,300.00 11.450 0.000
800558173 LIP WILSON QUEEN ESTHER IL 39,700.00 11.300 0.000
800562423 LIP SALERNO STEVE PA 30,000.00 11.000 0.000
800565103 LIP CLOTMAN LOUIS G OH 38,600.00 9.450 0.000
800567349 LIP OSBORN CHARLES D NJ 46,000.00 10.800 0.000
800568453 LIP BOOKER PATRICIA E PA 45,900.00 11.650 0.000
800570210 LIP LUNA DARIO DC 105,400.00 10.350 0.000
800573925 LIP GREGORY CAROL NJ 96,800.00 12.150 0.000
800582678 LIP MCGRIFF BRIDGET C MD 35,700.00 11.800 0.000
800584294 LIP FERREIRA RICHARD J SC 88,000.00 9.450 0.000
800587339 LIP FONTAINE TIMOTHY L CA 136,500.00 12.500 0.000
800588899 LIP FARRIER GEORGE T. MI 38,000.00 10.650 0.000
800589269 LIP GRANDBERRY WILLIE TN 86,400.00 9.500 0.000
800590325 LIP SKILTON DONALD K SC 70,400.00 12.850 0.000
800591315 LIP DUNHAM CLAYTON J FL 40,000.00 9.500 0.000
800592099 LIP KOSTRACH DANE CARLTON MI 180,000.00 9.650 0.000
800592487 LIP SLUSSER MARIE CECILE PA 23,000.00 10.200 0.000
800592594 LIP HANNIG TERENCE D DE 154,350.00 9.900 0.000
800594681 LIP DEBARDELABEN VIOLA K GA 40,000.00 12.000 0.000
800597320 LIP HENKEL BRIAN S NJ 22,125.00 11.200 0.000
800598104 LIP BARBER MARY E. FL 40,300.00 13.490 0.000
800598989 LIP MYERS JAMES R PA 68,000.00 9.450 0.000
800599714 LIP SEESE DONALD R PA 45,760.00 10.000 0.000
800600546 LIP MONGELLI DANIEL R PA 69,700.00 9.200 0.000
800602906 LIP DAVIS DARLENE H OH 100,000.00 9.250 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 8 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800607236 LIP BURTH QUANDA R. PA 34,000.00 10.550 0.000
800607277 LIP KREBS KARL FL 64,000.00 8.750 0.000
800607327 LIP ETCHEY SUSAN FL 15,000.00 9.100 0.000
800607665 LIP POWELL CAROLYN B FL 40,715.00 12.100 0.000
800610248 LIP VAUGHN LIONEL JAMES MD 67,956.00 8.750 0.000
800614224 LIP SMITH SR GARY C PA 30,500.00 9.950 0.000
800614596 LIP MARSHALL HOWARD LEE FL 200,700.00 8.900 0.000
800614836 LIP RESTELLI MARGUERITE A FL 46,800.00 10.100 0.000
800615056 LIP COPLEY ANN LEE MI 26,600.00 11.350 0.000
800616278 LIP GURR GLADYS R FL 71,400.00 11.350 0.000
800617227 LIP BANDY JOHN W TN 42,500.00 9.250 0.000
800619975 LIP TAO KAMOSE S MD 39,000.00 10.700 0.000
800621831 LIP BATAYEH YOUSEF F. MI 90,100.00 8.650 0.000
800621948 LIP REED STEVEN M PA 92,800.00 9.375 0.000
800622201 LIP BURNS JOSEPH ANTHONY FL 55,300.00 12.850 0.000
800624694 LIP ALEXANDER DAVID PA 77,000.00 11.600 0.000
800625188 LIP PACCHIOLI JANICE M PA 47,250.00 10.500 0.000
800629347 LIP HERR BRIAN J. FL 61,200.00 10.650 0.000
800631723 LIP COX LEONARD F UT 44,800.00 14.390 0.000
800633810 LIP ROEBUCK JR ARTHUR D PA 44,000.00 9.650 0.000
800633869 LIP ROEBUCK JR ARTHUR D PA 29,600.00 9.650 0.000
800634834 LIP STRASSLE DARLEEN NY 142,000.00 10.000 0.000
800635419 LIP SAXTON JOHN G PA 62,050.00 9.200 0.000
800638454 LIP POWELL KIMBERLY D OH 145,500.00 9.600 0.000
800638702 LIP GARCIA ESTER OH 48,000.00 10.050 0.000
800640856 LIP LYNCH JR BERNARD J PA 11,250.00 10.600 0.000
800641656 LIP BAUN SCOTT H PA 16,000.00 11.700 0.000
800642670 LIP MCCOLLUM FE PA 15,000.00 10.050 0.000
800642829 LIP SORENSEN CARY C WA 83,000.00 9.900 0.000
800643033 LIP HALL JOSEPH I SC 45,000.00 9.600 0.000
800643793 LIP GREENE SEAN CO 85,410.00 8.900 0.000
800644882 LIP TAO KAMOSE S MD 35,000.00 12.000 0.000
800645269 LIP MIELTY NIHTI RITVA FL 93,750.00 9.350 0.000
800645301 LIP STUMP JR FREDERICK R PA 64,000.00 11.350 0.000
800645459 LIP STULTZ RICHARD UT 214,400.00 8.500 0.000
800646663 LIP ARMSTRONG DONALD SCOTT FL 83,300.00 8.650 0.000
800647042 LIP BRESETTE MILDRED ALMEDA CA 25,000.00 9.000 0.000
800647950 LIP ELJIZI AREF A PA 66,400.00 9.150 0.000
800648156 LIP JACOBY RONALD K PA 70,000.00 10.650 0.000
800648537 LIP RYKULSKI STANLEY MI 68,600.00 9.500 0.000
800648834 LIP JACOBSON THOMAS M FL 80,750.00 11.850 0.000
800649493 LIP HUGHES JOHN F CT 44,800.00 12.000 0.000
800652745 LIP MULLINS GARY FL 59,500.00 10.750 0.000
800653339 LIP BATES ALLEN C OH 37,400.00 12.100 0.000
800653933 LIP CRAFT WILLIAM C NY 90,000.00 11.350 0.000
800654733 LIP DOOLING ELIZABETH J CT 41,000.00 10.050 0.000
800654865 LIP PINTO MICHAEL E. FL 83,700.00 9.150 0.000
800655466 LIP HOOD KEVIN E. IL 43,200.00 12.600 0.000
800656118 LIP PATTERSON DAVID J PA 96,000.00 11.950 0.000
800656852 LIP WILLIAMS ENEZ NY 169,000.00 9.750 0.000
800660144 LIP PACK ERNEST MD 72,250.00 11.500 0.000
800660466 LIP VIRGA JOSEPH FL 30,000.00 8.900 0.000
800660706 LIP KINSEY JAMES SC 29,750.00 9.900 0.000
800664088 LIP VACCA JR JOSEPH FL 39,750.00 10.850 0.000
800664591 LIP SMITH ANNIE FL 40,800.00 11.250 0.000
800665473 LIP LYTLE JOY DENISE TN 88,000.00 9.340 0.000
800667016 LIP LAUFER BRUCE K. MI 88,600.00 9.150 0.000
800667172 LIP FLENORL ERNEST D TN 35,200.00 9.300 0.000
800667859 LIP MCELROY DONALD FL 78,000.00 8.950 0.000
800670572 LIP RAWSON MARY ALICE NY 78,000.00 8.750 0.000
800672446 LIP LORENZ TERRI R SC 93,500.00 10.600 0.000
800672982 LIP MATHIEU MARTINE NY 162,500.00 10.000 0.000
800674236 LIP PARK WILHELMINA FL 81,250.00 10.100 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 9 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800676546 LIP LARA ENRIQUE TX 112,110.00 12.600 0.000
800678328 LIP RADZISZEWSKI JOHN T PA 36,550.00 8.750 0.000
800679268 LIP FREEMAN ROGER P FL 58,500.00 10.200 0.000
800680597 LIP BYLER JONATHAN PA 44,250.00 10.550 0.000
800682296 LIP VARGA VIOLET H FL 51,850.00 11.250 0.000
800682890 LIP HUFF JAMES OH 66,500.00 10.150 0.000
800685299 LIP MORAFA ADEMOLA F DC 121,500.00 10.250 0.000
800686974 LIP WEISS JOSEPH NY 100,000.00 9.600 0.000
800692444 LIP SMITH TIMOTHY P PA 41,250.00 10.600 0.000
800697435 LIP MYERS STEVEN MI 43,900.00 9.850 0.000
800697518 LIP MYERS STEVEN P. MI 42,000.00 9.850 0.000
800701781 LIP WISENBAKER CAROL C NY 99,000.00 10.350 0.000
800715245 LIP DOUGLAS CHARITA MD 38,000.00 11.100 0.000
5100007607 LIP DURHAM JOHN G WA 54,000.00 8.600 0.000
5100013266 LIP BUTTS THOMAS W CT 60,000.00 9.375 0.000
5100014207 LIP HARLESS CHARLES A OR 177,200.00 9.740 0.000
5100014215 LIP SCHAEFER LOUIS N CT 37,200.00 9.850 0.000
5100014280 LIP BERG DAVID MA 122,314.00 8.850 0.000
5100014512 LIP MYERS SR RONALD G OR 48,400.00 10.475 0.000
5100014520 LIP BRYANT RANDY M WA 55,200.00 10.375 0.000
5300003737 LIP LEWIS RONALD V CA 82,600.00 8.500 0.000
5600001183 LIP DAY DANIEL F. OH 56,400.00 10.375 0.000
5600001282 LIP MEYER RICKY K. IN 45,700.00 9.875 0.000
5600001373 LIP THOMPSON RONALD L. IN 68,600.00 9.000 0.000
5600001449 LIP MECOZZI DARRELL J. WI 82,700.00 9.626 0.000
- --------------------------------------------------------------------------------------------------------
Loans Funded and not yet in Servicing 156 10,285,132.00
Total Fixed Rate Loans Funded and Available: Sub-Pool I 525 38,915,127.94
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 10 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
SUB-POOL II: FIXED RATE LOANS AVAILABLE FOR SALE
- -------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106148941 661489419 WOOLLEY DONALD R AZ 15,752.89 12.900 0.000
106151512 661515122 WESTON JEFFERY D OH 10,662.51 14.125 0.000
106152139 661521393 DIPASQUALE MICHAEL D AZ 15,983.84 12.500 0.000
106152617 661526178 CHANDLER JOSEPH P NJ 174,257.79 13.450 0.000
106152710 661527101 REMINDER ROBERT LEO AZ 16,914.13 12.950 0.000
106153991 661539916 BARTZ FRANK C IN 26,859.68 12.625 0.000
106154159 661541599 SCHMID THOMAS C OH 61,211.37 14.650 0.000
106154537 661545376 BODENCHAK DAN F NJ 75,365.00 11.275 0.000
106154646 661546465 KORSMO DANIEL G WI 30,906.20 10.375 0.000
106154728 661547281 GRAMINSKE CONNIE L WI 14,999.58 12.375 0.000
106155148 661551481 CARROLL LAURA MAE IN 15,131.46 11.625 0.000
106155857 661558577 SMITH THOMAS C NY 111,300.00 10.700 0.000
106155867 661558676 RICCO SEBASTIAN OH 100,373.58 11.100 0.000
106156189 661561894 DUXBURY DUANE J NY 16,752.55 10.625 0.000
106156292 661562926 BELL MURELIN IL 13,192.87 11.800 0.000
106156300 661563007 WILSON DANNY LEE MN 20,827.07 11.625 0.000
106156569 661565697 ROBINSON BARBARA J IL 109,178.71 12.900 0.000
106156605 661566059 LONGS CURTIS WI 17,514.09 12.250 0.000
106156614 661566141 MCKINNEY ALICE M TN 20,785.13 10.775 0.000
106156905 661569053 BAYE HOWARD E NY 39,079.60 10.625 0.000
106156913 661569137 MAMISH HILAL NY 45,000.00 11.200 0.000
106157161 661571612 SHARP JEFFREY S KY 22,810.58 11.625 0.000
106157271 661572719 NIX DAVID F TN 23,008.96 12.625 0.000
106157573 661575738 DOUWSMA KAREN S IN 17,184.01 10.740 0.000
106157602 661576025 LAMPLEY LAURA D TN 11,000.00 12.875 0.000
106157665 661576652 FUSON JENNIFER LYNN TN 32,000.00 11.775 0.000
106157734 661577346 ALESSI ROSEMARIE NY 18,700.00 10.375 0.000
106157825 661578252 FERDINARDO TINA IL 21,432.21 11.050 0.000
106158004 661580043 ARMAND JOUVENEL IL 108,209.09 11.950 0.000
106158105 661581058 WOOD JOHN R TN 35,233.89 12.000 0.000
106158124 661581249 MILLER PATRICIA B CO 25,256.69 11.600 0.000
106158199 661581991 ASHER JACKIE IN 35,000.00 10.500 0.000
106158303 661583039 PERKINS MAE W OH 104,281.22 10.700 0.000
106159260 661592600 WEST JOHN E JR SD 41,888.24 15.150 0.000
106159268 661592683 HAYS LINDA SUE IN 19,700.00 13.000 0.000
106159327 661593277 WARE WAYNE IL 392,500.00 15.500 0.000
106159637 661596379 MITCHELL DAVID L MI 15,300.00 11.100 0.000
106160063 661600635 L'ESPERANCE GERALD P RI 100,000.00 10.950 0.000
106160525 661605253 BARTLETT DAVID A NY 77,100.00 11.125 0.000
106160552 661605527 OLSON DEBORAH L IN 23,339.36 10.750 0.000
106160597 661605972 HALSTED RICHARD D II MN 37,600.00 12.350 0.000
106160971 661609719 EMPIRE PROPERTIES MA 107,800.00 11.950 0.000
106161057 661610576 BRYANT WILLIAM JR NY 41,330.91 10.375 0.000
106161279 661612796 REILLY CRAIG W PA 176,002.36 11.000 0.000
106161546 661615468 EATON DENNIS R IN 29,300.00 10.750 0.000
106161658 661616581 XIONG MAI THAO MN 107,800.00 11.500 0.000
106161700 661617001 PAR MENCHITA N IL 89,569.02 14.250 0.000
106161870 661618702 HELEWA MUNIR N IL 32,994.54 11.250 0.000
106161980 661619809 WARREN DENISE M MN 70,800.00 11.250 0.000
106162159 661621599 KOSCIOLEK ADAM NJ 165,417.91 11.990 0.000
106162326 661623264 BOHANON THOMAS LEE IL 13,973.53 12.600 0.000
106162427 661624270 WALD DAVID F WI 20,411.74 14.125 0.000
106162459 661624593 HOWELL ROSE L PA 36,999.79 13.625 0.000
106162579 661625798 CLEMENTE IVAN NY 54,170.50 10.625 0.000
106162853 661628537 CHIARELLI JOELLEN NJ 23,145.87 10.875 0.000
106162915 661629154 WARD GERALD S PA 17,741.57 10.375 0.000
106162920 661629204 OLIDORT DAVID NY 60,296.60 10.275 0.000
106162928 661629287 KONWINSKI ANNE E PA 16,524.31 14.125 0.000
106162930 661629303 LOCASTRO JAMES J NY 52,500.00 14.250 0.000
106162938 661629386 PADILLA LEANDRO B NJ 285,000.00 12.000 0.000
106163028 661630285 STANTON LAURIE ANN PA 34,789.34 10.375 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 11 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
106163029 661630293 FITZPATRICK WILLIAM G JR NJ 52,212.06 13.500 0.000
106163051 661630517 LOH GEORGE KING JR NY 42,732.51 11.025 0.000
106163084 661630848 TARDIO ROBERT L NJ 51,260.96 12.875 0.000
106163149 661631499 BENNETT DEBRA L IL 21,800.00 12.050 0.000
106163158 661631580 CAMPBELL ANNETTA IL 157,500.00 12.700 0.000
106163159 661631598 PINTO JOAO MA 430,000.00 13.600 0.000
106163345 661633453 LINDSEY LAWRENCE IL 100,000.00 13.950 0.000
106163384 661633842 STAMBAUGH PATRICK OH 115,000.00 11.950 0.000
106163417 661634170 LIPKIN CATHERINE L NY 33,265.48 11.125 0.000
106163480 661634808 MCALPINE KABLE IN 25,200.00 10.400 0.000
106163506 661635060 SMITH JOHN F PA 10,909.41 11.625 0.000
106163507 661635078 DOWNER JUDITH A PA 32,070.33 11.125 0.000
106163546 661635466 MEACHER CONSTANCE J NJ 33,384.20 12.740 0.000
106163547 661635474 IACOBELLIS JOSEPH P NY 34,100.00 10.875 0.000
106163548 661635482 PRATT KEVIN W NY 21,150.57 11.875 0.000
106163589 661635896 MCLAURIN WILLIAM J NH 140,000.00 11.100 0.000
106163592 661635920 GUICE RALEIGH T SR OH 175,000.00 11.600 0.000
106163627 661636274 MILLER BETTY JEAN NJ 35,000.00 12.500 0.000
106163628 661636282 JENKINS MILDRED E NJ 66,000.00 10.875 0.000
106163635 661636357 BURR EMANUEL IL 81,900.00 7.920 0.000
106163657 661636571 IRIZARRY DAVID NY 52,500.00 10.625 0.000
106163685 661636852 MALONE AUSTIN JR NJ 51,700.00 11.875 0.000
106163796 661637967 WAYNE PATRICIA NY 16,500.00 11.740 0.000
106163819 661638197 OREILLY MARGARET MD 150,800.00 11.750 0.000
106163822 661638221 DE LORENZO DON NY 30,900.00 9.375 0.000
106163910 661639104 COSENTINO SUSAN C NY 38,900.00 9.625 0.000
800046997 680046992 SKROBOT JAMES F NC 28,073.91 11.750 0.000
800064644 680064649 KENNEY JOHN C MD 55,181.72 11.150 0.000
800177818 680177813 ARANGO CARMEN BORGES NY 49,985.69 12.000 0.000
800272999 800272999 THORNLEY THOMAS FL 81,000.00 11.800 0.000
800276966 800276966 ZOBEL HILLER B MA 99,667.97 9.750 0.000
800300725 800300725 CHARLES RUBY E GA 11,061.44 12.625 0.000
800307027 800307027 TURNER JAMES D UT 22,739.90 11.150 0.000
800307332 800307332 STEJER RICHARD J WA 105,000.00 13.200 0.000
800314627 800314627 ROLPH JOHN J UT 15,346.00 11.550 0.000
800320103 800320103 MARSHALL TIMOTHY B OR 33,132.98 13.100 0.000
800322661 800322661 QUALLS KENNETH R NM 72,071.94 12.700 0.000
800329278 800329278 MADIGAN KEVIN M NJ 34,542.28 14.900 0.000
800337172 800337172 MARIA ROGER UT 56,789.49 12.900 0.000
800346363 800346363 POLVERARI RICHARD F WA 49,714.89 12.950 0.000
800367997 800367997 CHAPLAIN JOSEPH FL 34,000.00 12.900 0.000
800368128 800368128 PROSSER JAMES D SC 37,182.52 10.700 0.000
800380511 800380511 CHANG PETER YOUNGMAN CA 58,856.12 12.550 0.000
800385072 800385072 JOSLYN DOUGLAS S WA 16,954.16 12.875 0.000
800389256 800389256 COOPET JAMES A MN 20,245.92 11.300 0.000
800391773 800391773 PETERSEN LISA CO 29,989.00 14.000 0.000
800401580 800401580 HENRIKSBO REIDAR J WA 30,463.00 10.975 0.000
800404246 800404246 WAKELEY CHARLES C JR FL 20,000.00 12.750 0.000
800410664 800410664 COATS WILLIAM A FL 37,646.52 11.550 0.000
800413239 800413239 BRYANT JAMES L JR OR 29,150.00 12.750 0.000
800413999 800413999 DOWNES WILSON E JR DE 14,723.86 11.100 0.000
800418329 800418329 HARRIS ROSALIE NY 39,994.40 12.350 0.000
800421182 800421182 DAVID ARTHUR KALIL FL 73,061.63 11.600 0.000
800421471 800421471 RUTLEDGE RODNEY W CA 55,900.00 12.600 0.000
800421737 800421737 PENDLETON ROBERT J NJ 33,750.96 11.850 0.000
800421778 800421778 MARTINEZ ALFREDO OR 27,974.78 12.850 0.000
800429318 800429318 PULIDO ALFONSO FELIPE CA 190,700.00 12.500 0.000
800434946 800434946 BONNETT PETER J MI 12,794.38 11.725 0.000
800435323 800435323 MACK KATHERINE FL 13,500.00 12.990 0.000
800436727 800436727 FERRIGNO THOMAS J CT 53,915.69 10.800 0.000
800437196 800437196 ELBERT DAWN A GA 19,483.53 11.900 0.000
800440075 800440075 VASTARE GOPALAKRIS K NY 391,760.81 9.400 0.000
800441271 800441271 MCDANNELL CHRISTOPHE R UT 30,563.27 12.000 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 12 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800442576 800442576 MITCHELL THOMAS P NM 20,494.56 11.400 0.000
800443582 800443582 STARBUCK JAMES E CO 71,883.04 11.800 0.000
800447062 800447062 SAEGERS MARIO J KS 13,951.68 10.050 0.000
800448979 800448979 CUMMINGS GERARD NY 288,486.82 13.250 0.000
800449142 800449142 CLAPSADDLE JAMES K FL 15,964.26 12.750 0.000
800449191 800449191 BERARDI SUZANNE E PA 17,390.00 13.500 0.000
800450769 800450769 WALKER KERI A UT 27,000.00 13.800 0.000
800450868 800450868 RICHARD TODD WA 30,423.54 11.300 0.000
800451080 800451080 AJA ALFREDO F CA 49,994.49 12.250 0.000
800452849 800452849 MALETICH ANNA M WA 25,500.00 13.250 0.000
800456204 800456204 WORTHAM ALAN EDWARD UT 18,337.00 15.150 0.000
800462319 800462319 MARKLEY DHYANA CO 65,581.23 14.250 0.000
800462400 800462400 BERGER LESLEY DIANE CA 57,982.53 10.550 0.000
800463150 800463150 TSANG CHUEN OR 55,000.00 12.400 0.000
800463838 800463838 OROURKE JOHN NY 34,754.75 11.300 0.000
800465536 800465536 PERRETTI RONALD R WA 39,225.00 13.750 0.000
800468324 800468324 BOUCK CLINT UT 20,500.00 14.900 0.000
800470205 800470205 PETIT-CLERC GUY M NM 79,097.72 12.300 0.000
800474025 800474025 OTTO WILLIAM C PA 21,848.40 11.750 0.000
800475840 800475840 HEROLD BARBARA NJ 37,410.06 10.700 0.000
800476095 800476095 WESSLING SCOTT D ID 15,446.22 10.950 0.000
800478026 800478026 SWEATMAN ELI W III NM 16,960.44 11.600 0.000
800478208 800478208 SYLVESTER MERLE NY 36,653.86 10.500 0.000
800478646 800478646 KWIATKOWSKI JOHN NY 41,958.11 12.100 0.000
800486425 800486425 WARD ANTHONY NY 37,291.93 11.700 0.000
800486714 800486714 KLOEPPEL GARY A MO 34,278.67 10.900 0.000
800487530 800487530 SARFATI DONNA NY 44,856.79 11.500 0.000
800487951 800487951 COTTER CHARLES AZ 113,300.00 9.450 0.000
800489254 800489254 CHENG MICHAEL MING MD 30,874.68 11.950 0.000
800490609 800490609 JOHNSON OSCAR SC 29,250.00 12.900 0.000
800491615 800491615 FOGLE JOHN Q SC 12,500.00 10.800 0.000
800492027 800492027 MABRY LADONNA NY 119,690.46 12.900 0.000
800493322 800493322 LIMA JOSUE S MD 69,923.83 11.450 0.000
800495517 800495517 LUTHER MICHAEL RAY NC 50,000.00 14.150 0.000
800497257 800497257 TYREE KARIN R VA 30,000.00 10.850 0.000
800503401 800503401 GIAMANCO PHILIP A FL 74,587.33 11.990 0.000
800504201 800504201 JACKMAN JOSEPH R SC 228,064.15 10.300 0.000
800504839 800504839 DAVIS MONIQUE M CO 255,677.00 13.500 0.000
800505083 800505083 BERRYESSA RONALD G TN 72,414.77 12.650 0.000
800505760 800505760 MANAG ROMER L CA 74,887.40 12.050 0.000
800507113 800507113 NIKAS PATRICIA NY 29,336.61 12.050 0.000
800508053 800508053 PERKINS DUDLEY CA 45,398.14 10.300 0.000
800508939 800508939 GOLAB STANISLAW NY 23,989.34 13.150 0.000
800509994 800509994 FERNANDES ROBERT OR 29,958.76 13.150 0.000
800510166 800510166 CAPWELL GARY M CO 19,930.71 11.850 0.000
800510745 800510745 BROWN SHARON L RI 17,969.44 12.350 0.000
800513087 800513087 SEJOUR JOEL FL 40,000.00 12.500 0.000
800514341 800514341 MCCURRY MONTY C CO 18,891.32 11.800 0.000
800518359 800518359 QUIZPHI MANUEL R NY 27,000.00 13.650 0.000
800521700 800521700 RESKUSICH JOHN RI 26,931.71 11.600 0.000
800524548 800524548 BONNING LUTHER III PA 53,805.00 11.750 0.000
800525115 800525115 MOORE RICHARD M WA 60,000.00 12.000 0.000
800525834 800525834 YEH CHARLES NY 58,500.00 11.450 0.000
800528440 800528440 SLOMINSKI TERRANCE J OR 69,950.40 11.050 0.000
800530198 800530198 COFFIN GARY A MA 18,000.00 10.250 0.000
800530883 800530883 GIDDINS GIA R NY 28,943.83 12.990 0.000
800531527 800531527 HANLEY RICHARD A MA 63,500.00 13.500 0.000
800535973 800535973 NURSE TANYA NJ 16,897.68 10.650 0.000
800536591 800536591 ROSE PAUL E FL 19,900.00 12.050 0.000
800537656 800537656 GINGERICH JAMES M PA 66,000.00 12.990 0.000
800538936 800538936 UNGER BARRY D MD 34,784.49 12.500 0.000
800540932 800540932 DUKES THOMAS L GA 42,529.82 12.100 0.000
800541369 800541369 GIRTAIN EDGAR NJ 270,000.00 11.875 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 13 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800541583 800541583 WILSON RONALD L MA 261,000.00 9.650 0.000
800542466 800542466 JAMETTE ANUAR FL 21,518.20 10.500 0.000
800544488 800544488 GRIFFITHS DAVID J UT 26,256.80 14.050 0.000
800545030 800545030 EVERTON JOHN M CO 60,000.00 12.550 0.000
800545709 800545709 BURGESS MARQUIETTA NY 25,000.00 13.350 0.000
800547317 800547317 BUSCH JAY UT 29,992.63 13.750 0.000
800547994 800547994 SCHMIDT NANCY NJ 64,975.53 10.750 0.000
800548596 800548596 MCCRIMMON JOHN L JR NY 307,332.71 12.250 0.000
800550733 800550733 SIMMONS ROBERTA L CO 23,500.00 12.800 0.000
800551129 800551129 KEARNEY JIMMY L NC 33,000.00 13.300 0.000
800551517 800551517 OSULLIVAN DENNIS CT 31,141.91 11.750 0.000
800551731 800551731 JACKSON DONALD J FL 29,500.00 12.500 0.000
800552127 800552127 MASON CEYMORE NY 30,938.08 12.800 0.000
800554826 800554826 HORROCKS NEIL R UT 12,500.00 11.100 0.000
800556052 800556052 BELDEN RICHARD A CT 101,500.00 12.850 0.000
800556789 800556789 VAN BUSKIRK KEITH NY 756,000.00 9.150 0.000
800557274 800557274 HALESWORTH KEVIN S FL 16,430.31 11.750 0.000
800557522 800557522 JENNINGS TIMOTHY L PA 49,410.00 11.800 0.000
800560286 800560286 BARNES DOROTHY M CT 42,000.00 12.500 0.000
800560542 800560542 DORSEY JAMES B CT 16,300.00 13.050 0.000
800561458 800561458 JARINA DOUGLAS M NV 20,595.00 12.850 0.000
800563082 800563082 MCQUAY DENISE M FL 40,000.00 8.400 0.000
800563249 800563249 OASTER RONALD J PA 45,807.63 11.050 0.000
800565707 800565707 GOODE STEPHEN A. VA 18,536.00 12.500 0.000
800565715 800565715 RUIZ ENRIQUE IL 25,500.00 14.500 0.000
800565913 800565913 JAMES CHERI L IL 48,600.00 10.200 0.000
800568214 800568214 EARL STEPHEN E PA 38,500.00 11.990 0.000
800569345 800569345 GOBLE D CURTIS UT 44,996.00 13.550 0.000
800571929 800571929 HUGHES SHAWN E UT 36,113.27 12.600 0.000
800571952 800571952 COOK MICHAEL F MA 162,000.00 10.250 0.000
800572976 800572976 THOMAKOS HARRY PA 24,900.00 13.090 0.000
800573107 800573107 MAZZA DAVID V PA 21,500.00 12.200 0.000
800574139 800574139 SCHUNDER THOMAS G PA 30,000.00 9.700 0.000
800574949 800574949 URIG CHRISTIAN D NY 35,000.00 12.750 0.000
800575748 800575748 LOGUIDICE RONALD C CT 47,800.00 12.050 0.000
800576068 800576068 CREDIT JEFFREY H FL 93,500.00 10.990 0.000
800578387 800578387 FINETTI CHRISTOPHE CA 20,300.00 11.100 0.000
800578395 800578395 BORGES DENNIS F CO 51,188.00 9.650 0.000
800580607 800580607 BALDA WESLEY DEANE CA 34,500.00 10.350 0.000
800580870 800580870 MITCHELL BART A OR 37,626.00 13.100 0.000
800581233 800581233 VITTI PHILLIP J CA 19,500.00 12.350 0.000
800581548 800581548 BUSH RONALD J PA 45,000.00 8.250 0.000
800581910 800581910 TUCKER MATTHEW D PA 36,100.00 11.600 0.000
800582934 800582934 BRUNY ANNELOR FL 16,600.00 12.450 0.000
800583080 800583080 ALMOGUER ABRAHAM NY 238,242.23 11.550 0.000
800583270 800583270 WILSON DONALD PAUL MO 15,000.00 10.850 0.000
800583460 800583460 BARNES JOHNNY W SC 19,600.00 11.650 0.000
800583635 800583635 ROAN GARY OH 496,000.00 8.050 0.000
800584518 800584518 PATE CHARLES SC 20,000.00 11.650 0.000
800585283 800585283 BLACKBURN DEBORAH D UT 27,104.00 11.450 0.000
800585705 800585705 ROZEK MICHAEL P WA 110,500.00 12.450 0.000
800586026 800586026 DOUGLASS ROBERT T PA 35,100.00 9.650 0.000
800586109 800586109 ROBINSON JESSIE D MN 45,500.00 9.150 0.000
800586448 800586448 HITCHCOCK KENNETH P FL 54,964.35 7.900 0.000
800587917 800587917 BROOKS WILBUR NY 60,570.00 10.000 0.000
800587974 800587974 THOMPSON DALE C OH 113,900.00 8.450 0.000
800589210 800589210 OCONNOR MARY P NJ 50,000.00 9.550 0.000
800589558 800589558 FERRANTE ANTHONY PA 60,000.00 10.350 0.000
800590226 800590226 REEK RONALD F CA 240,000.00 8.625 0.000
800590606 800590606 CHAMBERLAIN ROBERT J JR NY 28,100.00 10.990 0.000
800590952 800590952 GERAGHTY JOHN J PA 63,700.00 10.400 0.000
800591695 800591695 SKILLEN JOHN E WA 20,000.00 12.850 0.000
800591919 800591919 ROESNER KARL NY 15,500.00 9.250 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 14 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800592404 800592404 CUCAROLA TROY CO 79,300.00 11.300 0.000
800593741 800593741 BISHOP CHARLOTTE M MD 247,500.00 9.850 0.000
800594384 800594384 TUCKER DENISE M NY 23,300.00 11.100 0.000
800596009 800596009 LAUDICO MICHAEL J NY 45,000.00 10.000 0.000
800598112 800598112 WILSON JAY R CA 20,000.00 9.200 0.000
800598476 800598476 KESS GUS NY 260,000.00 8.500 0.000
800599243 800599243 ARMSTRONG DENIS D IN 70,400.00 8.150 0.000
800600397 800600397 NEESE DIANE J GA 61,000.00 11.150 0.000
800600728 800600728 MOULTRIE-PRI DIANE E OR 27,000.00 11.100 0.000
800602104 800602104 PLOCK WILLIAM A NY 171,800.00 8.250 0.000
800604399 800604399 SMITH FRANK R FL 45,000.00 12.100 0.000
800604746 800604746 ARAQUE JOSE L NY 36,200.00 10.400 0.000
800605016 800605016 SOUTHERS JOHN SC 58,500.00 11.000 0.000
800605594 800605594 GRAHAM CHRISTOPHE J FL 19,600.00 13.100 0.000
800605859 800605859 RODRIGUEZ ELVIRA CA 42,300.00 11.600 0.000
800606006 800606006 JANOFF JEROME P PA 43,170.00 11.100 0.000
800606519 800606519 TEPASS HERBERT C MI 54,900.00 8.150 0.000
800606832 800606832 AUSTIN DONALD ESTEL FL 136,000.00 7.500 0.000
800606840 800606840 CINTRON PILAR NY 42,000.00 11.900 0.000
800607954 800607954 SNYDER GARY D NC 40,000.00 10.850 0.000
800608846 800608846 NOWAKOWSKI THADDEUS E DE 70,000.00 8.200 0.000
800609315 800609315 SKELIN SONJA G FL 64,000.00 7.500 0.000
800610016 800610016 DINUNNO DONALD A MA 29,000.00 12.850 0.000
800610131 800610131 MATHISEN MICHAEL CO 208,250.00 11.100 0.000
800610347 800610347 WEGE DEBRA ANN MO 21,342.00 8.650 0.000
800611006 800611006 AMSHEY JAMES MI 78,200.00 9.650 0.000
800611220 800611220 CHOI STEVEN CA 40,000.00 11.350 0.000
800613325 800613325 TEMPLE MICHAEL J FL 110,500.00 7.500 0.000
800613770 800613770 GILMORE JAMES O VA 31,200.00 10.750 0.000
800616575 800616575 LOSER MICHAEL L CO 57,500.00 8.400 0.000
800617235 800617235 HOUSTON NADINE FL 32,300.00 8.900 0.000
800617706 800617706 BEADLE MICHAEL C CO 11,850.00 10.450 0.000
800617771 800617771 HILL KIMBERLY D FL 27,960.00 9.650 0.000
800618068 800618068 BENSON CATHERINE E FL 102,000.00 8.000 0.000
800618399 800618399 CHAPPELL BILLIE R SC 57,800.00 10.150 0.000
800619058 800619058 BOSE ASHOKE AZ 31,000.00 13.100 0.000
800619090 800619090 TANNER CHARLES R NC 81,600.00 12.000 0.000
800619421 800619421 NYBERG RICK A CO 63,000.00 11.900 0.000
800619843 800619843 SCHIELE KATHLEEN E. NY 29,472.00 10.400 0.000
800619876 800619876 JOHNSON ROY W FL 42,000.00 8.150 0.000
800621245 800621245 SLUTZKER DAVID M CT 37,800.00 11.350 0.000
800621468 800621468 WATERBURY BRUCE J CT 24,000.00 10.050 0.000
800621856 800621856 CAPERTON DAPHNE STUART MA 63,000.00 9.750 0.000
800622797 800622797 WING LARY H UT 37,000.00 9.500 0.000
800623126 800623126 GANT WILSON PA 48,000.00 10.750 0.000
800623191 800623191 ARNESON MARK W FL 18,600.00 9.400 0.000
800623324 800623324 CREWS HAROLD EDGAR FL 30,000.00 8.250 0.000
800623712 800623712 STITES GEORGE M NJ 75,000.00 10.990 0.000
800624744 800624744 SMALL BRENDA NJ 43,900.00 11.700 0.000
800625071 800625071 SCALICI RICHARD FL 16,500.00 12.350 0.000
800625196 800625196 GREENOUGH MARY FL 37,000.00 7.750 0.000
800625899 800625899 DAKIN S J CA 35,000.00 9.750 0.000
800625915 800625915 ADLER ODED NV 72,000.00 11.600 0.000
800626269 800626269 CUMMINGS RICHARD M. OR 32,000.00 11.050 0.000
800626335 800626335 ASCHWANDEN MARK CO 17,896.00 11.100 0.000
800627366 800627366 JELLUM JONATHAN J FL 43,920.00 10.850 0.000
800628752 800628752 FERNANDEZ MANUEL FL 26,000.00 10.600 0.000
800629008 800629008 MCNAMARA THOMAS F OR 49,000.00 10.600 0.000
800629305 800629305 HERNANDEZ LUZ FL 26,500.00 11.600 0.000
800629370 800629370 DAINES SCOTT B FL 30,600.00 11.500 0.000
800629511 800629511 FIRESTONE RONALD W CO 13,250.00 12.300 0.000
800629560 800629560 LEE BRIAN M UT 46,000.00 11.450 0.000
800629735 800629735 PEER PATRICIA PA 22,500.00 9.250 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 15 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800630899 800630899 BROTHERTON RICHARD OH 75,600.00 7.750 0.000
800631004 800631004 JONES CASANDRA M GA 272,000.00 12.150 0.000
800632523 800632523 REIMER PATRICK J CO 28,650.00 11.500 0.000
800632648 800632648 DOWNING FLOYD KENNETH JR NC 52,000.00 9.750 0.000
800633307 800633307 BREWER EMAGENE A SC 24,000.00 9.000 0.000
800633430 800633430 ANGRADI ROBERT PA 20,000.00 9.400 0.000
800633448 800633448 ROTELLA CYNTHIA L FL 21,400.00 10.500 0.000
800634859 800634859 JEAN PAUL FL 89,200.00 7.400 0.000
800635005 800635005 TOCHIKUBO ROBERT H CA 40,555.98 12.550 0.000
800635377 800635377 SIPPLE SHEILA CO 30,100.00 10.600 0.000
800635583 800635583 CLOWARD MARTA S CO 28,645.00 13.100 0.000
800635757 800635757 LEMLEY BEVERLY WA 15,900.00 11.475 0.000
800636656 800636656 MURRAY RUSSELL A OH 107,000.00 8.150 0.000
800636805 800636805 HUSKEY COY A WA 16,250.00 11.500 0.000
800637498 800637498 SMITHWICK DEBORAH T NC 48,000.00 10.750 0.000
800638348 800638348 LEWIS JAMES A PA 22,000.00 10.400 0.000
800639155 800639155 KALEMKERIDIS JAMES MA 48,000.00 8.650 0.000
800640724 800640724 LEVIT HOWARD M NY 86,500.00 12.400 0.000
800641185 800641185 CHICKERING STEPHEN F MA 36,800.00 11.500 0.000
800641623 800641623 TEDROW GARY L PA 27,250.00 12.400 0.000
800641730 800641730 ERVIN REBECCA A FL 12,000.00 10.650 0.000
800642258 800642258 JACK TONY R IN 93,500.00 8.150 0.000
800642498 800642498 FARRELL JOSEPH T JR CT 20,000.00 9.150 0.000
800642688 800642688 WILLIAMSKY AARON NJ 61,000.00 12.750 0.000
800646556 800646556 BOYD MARVIN M. WA 33,500.00 10.650 0.000
800646739 800646739 COOK PATRICIA S FL 90,950.00 7.750 0.000
800646929 800646929 MAYO BERNARD G FL 23,800.00 12.350 0.000
800647141 800647141 KALSTO JOHN R NY 23,900.00 10.250 0.000
800647174 800647174 BEATTY CRAIG G CO 57,310.00 11.600 0.000
800647745 800647745 STUBBS RANDOLPH CA 11,159.59 10.875 0.000
800648974 800648974 DELP JAMES E CO 174,250.00 8.000 0.000
800650525 800650525 GORRELL HARRY E FL 58,000.00 8.000 0.000
800651200 800651200 ROSS DORA M. IL 24,300.00 10.900 0.000
800651689 800651689 LUNDY HAZEL D TX 56,000.00 8.400 0.000
800652703 800652703 ALUMPE SAMUEL A FL 37,800.00 9.250 0.000
800652851 800652851 WALDEN ROBERT MELVILLE UT 15,000.00 9.900 0.000
800653495 800653495 WARD TOMMY J OH 19,700.00 9.500 0.000
800653735 800653735 CANTU IVAN A TX 233,750.00 11.100 0.000
800654055 800654055 WALTON WILLARD GLENN MD 52,450.00 11.600 0.000
800654683 800654683 MIGLIOZZI ROBERT M NJ 48,000.00 11.500 0.000
800655409 800655409 ALUMPE SAMUEL A FL 124,200.00 7.250 0.000
800655813 800655813 MCCARTY WILLIAM D TX 76,000.00 8.900 0.000
800657215 800657215 BOSSARD LESTER FL 16,800.00 9.850 0.000
800657314 800657314 BRADFORD SAMUEL J FL 57,750.00 11.600 0.000
800657819 800657819 CREEL HAROLD R FL 108,000.00 7.500 0.000
800658791 800658791 DILEO JOHN W FL 41,000.00 8.250 0.000
800659096 800659096 GILLETTE BRUCE M FL 48,000.00 9.500 0.000
800659955 800659955 THOMPSON MICHAEL I GA 23,300.00 10.650 0.000
800660474 800660474 HARRIS BRENDA L PA 27,000.00 8.250 0.000
800661175 800661175 LEVINE HOWARD S NY 45,000.00 13.100 0.000
800661316 800661316 WINTER MARIO NY 38,000.00 11.990 0.000
800661357 800661357 POLITICO JOVENCIO L AZ 112,300.00 11.150 0.000
800661423 800661423 MASON TROY D NC 243,750.00 11.350 0.000
800661555 800661555 EVANS LYLE M CT 20,200.00 10.725 0.000
800661662 800661662 CARRILLO ANTHONY T CA 90,000.00 8.150 0.000
800661803 800661803 SHERWOOD KENNETH W GA 35,500.00 9.000 0.000
800661829 800661829 ABEYTA ARMAND G CO 23,900.00 11.100 0.000
800661886 800661886 ROWE ERIC FL 13,000.00 11.200 0.000
800662413 800662413 SALISBURY DANIEL L. GA 72,000.00 8.400 0.000
800662512 800662512 FEAVEL JEFFREY J CO 36,500.00 11.850 0.000
800664294 800664294 NICHOLS RICHARD D CO 56,998.00 10.600 0.000
800664419 800664419 PRICE BILLY R SC 46,400.00 10.750 0.000
800664526 800664526 BARNES BEVERLY FL 72,000.00 8.150 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 16 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800664666 800664666 GIACOBBE DOMINICK A JR NV 27,834.00 11.600 0.000
800664765 800664765 SMITH GREGORY C FL 85,000.00 7.800 0.000
800665333 800665333 SULLIVAN THOMAS C FL 62,300.00 7.250 0.000
800665432 800665432 SMITH ROBERT C FL 55,500.00 9.600 0.000
800665655 800665655 KAMPCZYK ROBERT CA 45,000.00 11.100 0.000
800666851 800666851 WEBSTER WILLIAM T FL 34,000.00 11.850 0.000
800667164 800667164 LEWINSON HERBERT FL 45,500.00 8.150 0.000
800668220 800668220 MARWEDEL RALPH A UT 12,308.00 14.650 0.000
800668485 800668485 CIABATTARI, EUGENE NY 77,000.00 7.900 0.000
800669491 800669491 LINNEBUR MICHAEL E CO 25,417.00 10.400 0.000
800671539 800671539 TATMAN SHIRLEY L. FL 25,000.00 8.750 0.000
800672735 800672735 MAYS LIZABETH B VA 51,000.00 11.850 0.000
800674095 800674095 BLANEY DARLENE M FL 66,300.00 7.900 0.000
800674996 800674996 ENGLISH JAMES J MA 69,500.00 9.900 0.000
800675928 800675928 OCONNOR AYLA A MD 18,934.39 13.600 0.000
800675977 800675977 CONNERS MICHAEL M OR 35,680.00 10.900 0.000
800678302 800678302 SPIRES WILLIAM A WA 30,411.00 11.850 0.000
800679045 800679045 DAIL DENNIS S CO 63,000.00 9.900 0.000
800679573 800679573 SCHRECENGOST ROBERT A CT 50,000.00 10.500 0.000
800680365 800680365 NOEL JUNE ARLENE PA 10,000.00 9.900 0.000
800681348 800681348 LANDINGER PATRICIA PA 27,535.00 10.400 0.000
800682650 800682650 FERGUSON GARY L FL 30,000.00 9.500 0.000
800686859 800686859 BENNETT RICHARD J JR SC 18,100.00 11.500 0.000
800688004 800688004 CHECKETTS NEIL CA 23,671.00 10.850 0.000
800703522 800703522 MICHEL JUAN OSCAR VA 20,000.00 10.250 0.000
800704702 800704702 SKINNER GWENDOLYN G NC 20,000.00 9.400 0.000
5100000610 5100000610 TREIBER THEODORE C WA 21,865.98 12.250 0.000
5100001576 5100001576 VARNER STEPHEN L WA 26,585.77 11.625 0.000
5100002509 5100002509 HELLBUSCH NORMAN P OR 53,101.37 12.625 0.000
5100002616 5100002616 PETERSEN ERICK L WA 46,102.00 12.875 0.000
5100002947 5100002947 RIVERA CATHERINE ANNE FL 27,585.19 11.875 0.000
5100003002 5100003002 FANKHAUSER JAY V WA 27,369.40 12.875 0.000
5100003655 5100003655 WILSON JOHN B FL 18,568.46 11.975 0.000
5100003697 5100003697 MORIN DANIEL S WA 20,376.56 10.625 0.000
5100004307 5100004307 RING JOHN R ID 21,213.63 11.625 0.000
5100004984 5100004984 WILSON BARBARA R CA 250,464.42 9.320 0.000
5100005767 5100005767 ROLLINSON WENDY A CT 33,500.00 10.225 0.000
5100006203 5100006203 MILLER MICHAEL J CT 51,700.00 12.125 0.000
5100006385 5100006385 AHTO JAMES G MA 50,301.33 11.375 0.000
5100006732 5100006732 CURTO THOMAS A MA 53,900.00 12.490 0.000
5100006914 5100006914 LACROIX KENNETH V MA 25,100.00 11.340 0.000
5100006963 5100006963 HOMAN SUSAN L MA 53,200.00 11.840 0.000
5100007052 5100007052 MIDTHUN E PAULINE WA 14,255.06 13.725 0.000
5100007177 5100007177 WOLCOTT DAVID A MA 23,093.81 14.125 0.000
5100007599 5100007599 SWEETMAN JAMES M CT 46,675.02 10.625 0.000
5100013332 5100013332 BUQUET JANET M CA 46,400.00 12.535 0.000
5100013340 5100013340 FAGONE JOSEPH J MA 34,200.00 13.475 0.000
5100013373 5100013373 ANGELES MOLLY T CA 47,500.00 10.375 0.000
5100013431 5100013431 HANCOCK EDWIN WA 17,356.73 11.725 0.000
5100013522 5100013522 PARKER CHARLES R MA 21,533.91 12.875 0.000
5100013563 5100013563 WINDLE KEITH E WA 40,721.23 11.775 0.000
5100013589 5100013589 GERDIS JOHN CT 53,022.77 13.125 0.000
5100013597 5100013597 ZENDER DOUGLAS WA 32,900.00 10.625 0.000
5100013621 5100013621 MARKS RICHARD L MA 11,600.00 11.375 0.000
5100014041 5100014041 BORDONARO MICHAEL A CT 23,400.00 11.490 0.000
5100014066 5100014066 SMITH DEBRA L WA 35,400.00 11.490 0.000
5100014082 5100014082 BOYD D WESTON CT 62,180.00 10.490 0.000
5100014108 5100014108 CORBIN CHARLES W A MA 11,500.00 11.275 0.000
5100014116 5100014116 NOLAN LEO MICHAEL MA 72,900.00 11.875 0.000
5100014181 5100014181 RODRIGUEZ JUAN M WA 28,425.00 11.625 0.000
5100014272 5100014272 MCGARRY ROBERT H OR 75,400.00 9.875 0.000
5100014330 5100014330 JOHNSON CAROL K CT 19,700.00 10.875 0.000
5300000154 5300000154 MCLAUGHLIN MARJORIE E CA 288,223.17 11.125 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 17 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
5300000493 5300000493 LOVATO ELIZABETH A CA 22,880.17 11.375 0.000
5300000501 5300000501 SMITH MICHAEL J CA 29,988.18 12.875 0.000
5300000956 5300000956 GALOVICH STEVEN P CA 29,087.40 12.900 0.000
5300003679 5300003679 ARELLANO LYDIA CA 12,900.00 12.125 0.000
5300003687 5300003687 ONG SAMUEL HIEN CA 26,600.00 11.775 0.000
5300003711 5300003711 SUHENDRA HERIANTO CA 104,372.58 10.990 0.000
5400000179 5400000179 MROZ ALLISON MI 24,165.74 13.975 0.000
5400000484 5400000484 CHARTRAND JACALYN A MI 20,518.48 12.225 0.000
5400001383 5400001383 KUNSELMAN DAVID L MI 57,004.75 10.850 0.000
5400001482 5400001482 RYAN JOHN W MI 299,627.40 11.375 0.000
5400002597 5400002597 ALLEMON RAYMOND E MI 32,486.07 12.625 0.000
5400002688 5400002688 WALCZOWSKI GEORGE MI 43,716.50 10.725 0.000
5400002910 5400002910 SIDEBOTTOM JAMES E. MI 13,000.00 12.375 0.000
5400002944 5400002944 JAEGER FRANZ W MI 39,348.74 10.410 0.000
5400002951 5400002951 SAVAGE HEIDI MI 40,900.00 11.975 0.000
5400002969 5400002969 GRINBERGS UGIS MI 19,900.00 12.350 0.000
5400002985 5400002985 FALK GARY ALLAN MI 33,700.00 12.660 0.000
5600000177 5600000177 CRADY JEFFERY G IN 10,992.89 12.875 0.000
5600000607 5600000607 REED GEORGE E. WI 49,300.00 10.750 0.000
5600000615 5600000615 WOOLWINE JOHN A. OH 29,400.00 11.500 0.000
5600001191 5600001191 HENSLEY MARK A. OH 18,500.00 11.775 0.000
5600001308 5600001308 ALLEN LEE OH 64,000.00 12.900 0.000
5600001324 5600001324 BUZZANCO ARLENE H. OH 39,700.00 10.876 0.000
5600001332 5600001332 REHS MARK J. OH 20,900.00 10.876 0.000
5600001472 5600001472 KRAL TIMOTHY MICHAEL OH 43,900.00 11.151 0.000
5700000705 5700000705 KORPAN DENNIS J AZ 29,706.11 11.625 0.000
5700000747 5700000747 GRADY LINDA C CO 59,500.00 10.490 0.000
5700000796 5700000796 RUDZINSKI HENRY AZ 95,200.00 7.875 0.000
5700000804 5700000804 LUCAS ZELDA E CO 18,987.00 10.375 0.000
- -------------------------------------------------------------------------------------------------------
Loans in Servicing not yet tagged for sale 468 27,012,582.97
106159688 LIP MEADORS ROSE MARIE IN 48,700.00 11.875 0.000
106159953 LIP FORD DELBERT IL 12,600.00 11.750 0.000
106160565 LIP THUROW MERRILL IL 24,900.00 12.775 0.000
106161787 LIP GRADOS ABEL E CT 200,000.00 11.550 0.000
106161989 LIP OLSON STANLEY O. MN 10,000.00 13.500 0.000
106162753 LIP SAMANO JR ALBERT TX 150,400.00 12.350 0.000
106162965 LIP TENERELLI LOU IL 35,000.00 10.150 0.000
106162988 LIP MUDD ALEXANDER V. WI 40,000.00 11.250 0.000
106162993 LIP GRIFFIN A. DELORA CA 127,500.00 9.900 0.000
106163157 LIP JAMES EDWARD D IL 100,000.00 11.850 0.000
106163161 LIP FOWOWE PETER IL 196,500.00 10.850 0.000
106163402 LIP BASILE THOMAS C IL 50,100.00 12.300 0.000
106163415 LIP ELLIS CHARLES D IL 197,200.00 11.850 0.000
106163420 LIP SCHARF CHARLES NY 120,000.00 8.125 0.000
106163700 LIP CLOSE MARY P IL 145,700.00 13.750 0.000
106163708 LIP DUCKETT LEWIS E NY 35,400.00 10.125 0.000
106163806 LIP MURPHY DANIEL C. IL 87,000.00 11.800 0.000
106163818 LIP DEBOSE GERALD OH 100,000.00 12.450 0.000
106163821 LIP HACKENBERG JAMES E PA 17,100.00 12.625 0.000
106163876 LIP DOVE JR ST CLAIR PA 22,900.00 11.875 0.000
106163893 LIP POLATSIDIS CHERIE A IL 40,000.00 11.050 0.000
106163909 LIP FRISBIE WESLEY PA 46,000.00 12.740 0.000
106163944 LIP HAYNES ELIZABETH IL 82,500.00 15.500 0.000
106164000 LIP TERRY EDWIN W NJ 21,300.00 10.125 0.000
106164090 LIP SPIVEY DARYL NJ 105,000.00 13.950 0.000
800449894 LIP ADAMS MICHAEL D UT 15,000.00 12.100 0.000
800487290 LIP SIMON FERN PA 44,700.00 14.300 0.000
800488934 LIP STUMPO JR RUSSELL P FL 18,000.00 12.800 0.000
800488975 LIP BARNES TOMMY E DC 95,000.00 11.400 0.000
800506396 LIP KNAPP III HOWARD E PA 109,800.00 11.200 0.000
800509804 LIP GIBBS SAMUEL A NH 20,000.00 12.500 0.000
800515710 LIP BOODHOO MANGAROO NY 130,000.00 11.500 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 18 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800517062 LIP HOLDREN TERRY SC 53,550.00 11.000 0.000
800521528 LIP WHITTINGTON, II GEORGE W. MO 10,000.00 12.100 0.000
800523763 LIP DIFABIO ROBERT NY 43,200.00 12.900 0.000
800530917 LIP PIERRE LOUIS FRANTZ NY 50,000.00 11.050 0.000
800534786 LIP LONG PAUL S PA 34,700.00 11.400 0.000
800535643 LIP STEINBERG DANIEL M NJ 28,483.00 12.100 0.000
800536161 LIP ALI MAHMUD NY 28,900.00 11.250 0.000
800545477 LIP MORROW DANIEL OH 272,000.00 13.100 0.000
800546293 LIP SCRUGGS ROMAN S NC 51,525.00 13.050 0.000
800547481 LIP CANICATTI MICHAEL NJ 57,000.00 11.500 0.000
800549792 LIP CASILLO JOAN CT 23,100.00 12.250 0.000
800551087 LIP DOUGLAS SR LARRY A PA 44,000.00 13.300 0.000
800551616 LIP FOX RICHARD W PA 26,000.00 9.650 0.000
800556466 LIP KEPLER THEODORE E. AZ 23,380.00 11.400 0.000
800557381 LIP TYNER MICHAEL NY 37,500.00 10.800 0.000
800557720 LIP VALENTI LORETTA K. NY 35,000.00 11.900 0.000
800558322 LIP MOFFATT DAVID J OH 38,300.00 7.800 0.000
800560633 LIP DELGADO JORGE E FL 21,165.00 9.800 0.000
800562407 LIP VANHORN CHARLES B PA 23,000.00 12.100 0.000
800562654 LIP BROWNHOLTZ III BARTHOLOMEW J PA 26,100.00 13.150 0.000
800572000 LIP NAPPI JAMES R PA 30,790.00 12.400 0.000
800572133 LIP CROUCH MITCHELL C FL 24,750.00 10.750 0.000
800574576 LIP NHAISSI ELI NY 101,550.00 11.800 0.000
800579203 LIP SCARSELLI ANTHONY NY 122,400.00 11.450 0.000
800580995 LIP SELLITTI LESTER NY 25,000.00 12.400 0.000
800581399 LIP ATECA SUSAN IL 25,000.00 12.550 0.000
800581829 LIP TETER WILLIAM D SC 100,000.00 10.400 0.000
800582876 LIP TEEHAN EDWARD JR MA 31,800.00 12.500 0.000
800582983 LIP CAMERON DONNA MA 38,500.00 12.150 0.000
800584070 LIP DAMIANI MICHELLE A NY 15,000.00 9.950 0.000
800584864 LIP PECK DAVID A UT 12,568.00 13.150 0.000
800587172 LIP BRODRICK ALAN C PA 25,000.00 10.350 0.000
800587420 LIP BRAUN DAVID UT 45,380.00 11.700 0.000
800588493 LIP OLSEN SHARI A FL 60,535.00 11.350 0.000
800589608 LIP COUNCIL STACY PA 19,600.00 11.200 0.000
800591588 LIP NIEMELA RONIE R CO 48,000.00 12.700 0.000
800591794 LIP PANTANO SALVATORE W PA 22,408.00 9.950 0.000
800592081 LIP DUBOIS DENNIS J UT 67,430.00 13.300 0.000
800592289 LIP ALSTON DOREATHA NY 126,400.00 13.990 0.000
800592818 LIP RAIGOSA JOSE IL 25,000.00 11.250 0.000
800593501 LIP GROSS III JOHN E GA 23,300.00 10.450 0.000
800594442 LIP GILSON KENT L UT 54,000.00 10.500 0.000
800596074 LIP ANDERSON COREY J GA 30,700.00 12.400 0.000
800596777 LIP VANDERLINDEN GARY NY 34,000.00 11.100 0.000
800599912 LIP YATES KAREN E FL 37,600.00 9.000 0.000
800601023 LIP HARRIS STEVEN M MO 22,651.00 10.650 0.000
800602708 LIP WILLIAMS LORETTA SC 53,100.00 11.400 0.000
800603888 LIP APODACA MARY ESTHER AZ 55,400.00 10.850 0.000
800604092 LIP O'NEILL BRIAN P WA 83,530.00 10.150 0.000
800606543 LIP JONES III THOMAS A NC 20,000.00 8.750 0.000
800606949 LIP JIRON ABELECIO J UT 54,000.00 11.150 0.000
800607095 LIP CASEY CRAIG IL 121,500.00 11.550 0.000
800607335 LIP ZAMERON NICHOLAS S CO 12,740.00 12.400 0.000
800607442 LIP CARR ETHEL M. NC 64,600.00 11.990 0.000
800607699 LIP FRATTO RUDOLPH C. IL 130,000.00 9.600 0.000
800608010 LIP ROZZI THOMAS NY 49,000.00 11.350 0.000
800608093 LIP MORRA ERNEST A NJ 244,000.00 10.600 0.000
800608655 LIP ALLEN TERESA FL 12,600.00 11.600 0.000
800609786 LIP TURCOTTE JOSEPH PA 32,400.00 10.900 0.000
800610768 LIP HUSAIN SULAIMAN NY 57,900.00 12.990 0.000
800610917 LIP CALANDRA PENNY L PA 29,500.00 10.150 0.000
800611022 LIP KRAMER GLENN L. CO 26,000.00 10.650 0.000
800613754 LIP MEDINA OSCAR FL 17,250.00 9.650 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 19 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800616203 LIP GAINES DOUGLAS NC 81,600.00 10.150 0.000
800616856 LIP BARRON PATRICIA S CO 80,500.00 10.850 0.000
800617052 LIP TANLER BENJAMIN C CO 34,369.00 14.150 0.000
800620320 LIP BARRIOS WILLIAM P NY 42,500.00 10.900 0.000
800620411 LIP DIZZINE SUSAN NY 44,300.00 8.250 0.000
800621302 LIP DOMINICO GEORGE J MA 21,100.00 11.990 0.000
800622334 LIP LATOURETTE GEORGE NY 45,000.00 10.000 0.000
800623258 LIP CRAWFORD AUDREY NY 80,000.00 9.100 0.000
800623902 LIP HAMMER MICHAEL FL 27,000.00 10.150 0.000
800623951 LIP BALLESTER RAUL FL 15,800.00 11.150 0.000
800624256 LIP VANCE JERRY CA 90,000.00 10.100 0.000
800624793 LIP LAWRENCE SUSAN CAROL OH 68,000.00 7.250 0.000
800625261 LIP BENTON HARRY MILTON SC 42,210.00 10.900 0.000
800626129 LIP MERCADO RICHARD S NY 247,500.00 11.150 0.000
800627374 LIP JOSHI SOHAN IL 26,100.00 12.900 0.000
800627903 LIP KROEPEL LAURIE M MO 54,000.00 11.350 0.000
800628331 LIP MAKEPEACE CLAYTON FL 242,500.00 9.050 0.000
800628695 LIP HUR TAE SIN NY 60,000.00 11.600 0.000
800628828 LIP NELSON JOSEPH C CO 59,525.00 9.900 0.000
800631384 LIP JU YOUNG K NY 40,000.00 9.900 0.000
800631574 LIP DUNN RICHARD NY 52,380.00 12.550 0.000
800631681 LIP FERENCZ GASTON NY 66,500.00 14.250 0.000
800632341 LIP DOAN CHARLES E. FL 12,700.00 9.400 0.000
800632507 LIP AHLQUIST JOHN T. FL 41,250.00 9.150 0.000
800632689 LIP CHARLES ALDRICK R NY 65,000.00 8.150 0.000
800632762 LIP TURK MICHAEL NY 367,200.00 11.800 0.000
800632952 LIP KROH DENISE CA 80,000.00 10.100 0.000
800633877 LIP MALEBRANCHE CLAUDE FL 14,700.00 13.100 0.000
800634446 LIP NICHOLS KENNETH E FL 104,000.00 7.550 0.000
800634792 LIP STRICKLAND RICHARD E FL 57,200.00 7.500 0.000
800634909 LIP ILLES STEPHEN E PA 20,300.00 11.900 0.000
800635039 LIP MILLER CHARLES F FL 12,000.00 11.850 0.000
800635351 LIP TYSON DEWAYNE ALLEN FL 48,450.00 8.400 0.000
800635708 LIP MAXSON RUTH CO 35,450.00 14.250 0.000
800635963 LIP CARUSO JOSEPH CT 39,000.00 10.100 0.000
800636227 LIP COUNCIL YVETTE M FL 35,700.00 11.700 0.000
800639981 LIP GRIEVER WILMA OH 44,500.00 8.250 0.000
800640930 LIP GRAY PAUL M. FL 16,830.00 10.500 0.000
800640997 LIP CAPARELLI JR PETER L NY 30,000.00 12.750 0.000
800641201 LIP ALEXANDER ROGER W. FL 45,000.00 10.950 0.000
800641508 LIP PHOTIOU KYRIACOS VA 75,000.00 12.200 0.000
800641755 LIP MILLER TIMOTHY J DE 39,375.00 10.650 0.000
800641821 LIP RENZELMAN TERRY L CO 38,000.00 10.900 0.000
800642019 LIP KRAUSE JAMES A RI 101,150.00 9.500 0.000
800642514 LIP MAYORQUIN VERA RI 72,250.00 11.850 0.000
800642555 LIP TICHY ALLAN R CT 61,000.00 11.500 0.000
800644478 LIP LEE TERRI LYNN GA 35,000.00 9.900 0.000
800646382 LIP FRIEDMAN TERRI CA 35,000.00 11.600 0.000
800647208 LIP MOORE RENAY E. WA 17,425.00 12.350 0.000
800647687 LIP GILBERT DOLORES NJ 100,000.00 11.600 0.000
800648511 LIP KOSCIAK THEODORE C MA 58,000.00 11.600 0.000
800648610 LIP BILL DWIGHT E FL 22,500.00 10.350 0.000
800649014 LIP BRANDT V LOUISE FL 49,600.00 8.150 0.000
800650459 LIP JAMES CHARLES UT 110,000.00 11.950 0.000
800650467 LIP PANTON DOREEN NY 165,750.00 9.990 0.000
800655359 LIP NARVAEZ JOSE N CA 50,000.00 10.875 0.000
800658031 LIP PARKER THEODORE OH 117,400.00 7.650 0.000
800658254 LIP COMBS ANTHONY GA 31,500.00 10.400 0.000
800658692 LIP MCKENZIE JR JOSEPH R NY 48,000.00 13.740 0.000
800660375 LIP SCOTT STACY L UT 25,000.00 10.100 0.000
800660383 LIP UPADHYAYA KIRIT G MA 38,880.00 12.000 0.000
800661134 LIP COX CHRISTY L UT 20,000.00 14.530 0.000
800661241 LIP ROGERS BENJAMIN E FL 23,600.00 11.250 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 20 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800662017 LIP HANKINSON STEPHEN J NJ 13,200.00 11.300 0.000
800663098 LIP SCOTT ROBERT MAURICE NC 110,000.00 9.850 0.000
800667180 LIP LACHNER DALE T CO 42,540.00 10.400 0.000
800668154 LIP MCGINNIS THOMAS A FL 16,000.00 8.650 0.000
800669848 LIP CONLEY WILLIAM D NY 31,000.00 8.750 0.000
800671133 LIP COMMIRE ROBERT F. FL 50,000.00 7.500 0.000
800671414 LIP HOROWYTZ MARK NJ 42,000.00 11.650 0.000
800673246 LIP OCKIMEY DILLIAN NY 15,170.00 11.100 0.000
800673394 LIP CISNEROS MICHAEL A CO 13,300.00 12.550 0.000
800673824 LIP PASCARELLI JOANNE CT 212,500.00 11.550 0.000
800673832 LIP ZYSK SHAWN M PA 15,000.00 10.250 0.000
800674160 LIP HOMSTED JANICE L FL 58,500.00 9.600 0.000
800674533 LIP MCALISTER MICHAEL D CO 75,537.00 11.200 0.000
800675563 LIP AVOLESE JOSEPH S. NY 190,000.00 7.250 0.000
800675605 LIP WHITE THOMAS ALLAN CT 80,000.00 7.500 0.000
800677205 LIP SANDERS TAMARA PA 88,000.00 12.350 0.000
800680555 LIP MILLER II LARRIE P PA 18,200.00 11.300 0.000
800681694 LIP LEE PAMELA A. FL 29,700.00 11.850 0.000
800684094 LIP ROY ROBERT M CT 53,000.00 12.200 0.000
800686107 LIP ENRIQUEZ JR FRANK WA 11,200.00 10.650 0.000
800686289 LIP HADALLER WILLIAM A CA 40,000.00 11.400 0.000
800689952 LIP ORDONO JOHN Z CA 72,750.00 12.800 0.000
800690547 LIP RUFF FRANK R CA 153,600.00 9.125 0.000
800698870 LIP SHARER SHERI A FL 35,700.00 8.000 0.000
800700924 LIP BILL DWIGHT E FL 105,000.00 8.350 0.000
800701096 LIP FERGUSON SHIRL NY 185,000.00 9.350 0.000
800701690 LIP SMITH KEVIN R DC 11,324.00 12.000 0.000
800708190 LIP MORRIS DONALD KIRK AZ 74,450.00 10.450 0.000
800714636 LIP GRAFFEO JOSEPH J NY 97,200.00 10.800 0.000
800717480 LIP BUNNELL DAWN E WI 28,500.00 12.525 0.000
5100007615 LIP DURHAM JOHN G WA 22,500.00 10.875 0.000
5100014421 LIP PIERCEY VIRGIL M OR 47,400.00 10.375 0.000
5100014462 LIP FIRMAN GINA G OR 65,400.00 10.875 0.000
5100014496 LIP JASPERSON MARLENE K OR 29,600.00 14.475 0.000
5100014561 LIP RAY ELVIS D OR 101,500.00 9.900 0.000
5100014611 LIP MONKS KATHLEEN M OR 50,500.00 11.725 0.000
5300001004 LIP MYGRANT KARL R CA 65,000.00 12.375 0.000
5300003828 LIP DREW TIMOTHY J CA 17,500.00 12.250 0.000
5400002993 LIP NEAD VANESSA J MI 24,000.00 10.410 0.000
5600001126 LIP CASE DAN R. KY 11,000.00 11.740 0.000
5600001134 LIP WILLIQUETTE BRUCE A. IL 67,300.00 14.125 0.000
5600001142 LIP DELANEY CHESTER IL 21,100.00 10.750 0.000
5600001167 LIP YOUNG CHARLENE S. IL 27,200.00 10.750 0.000
5600001233 LIP NOFZIGER JOEL A. OH 14,000.00 10.375 0.000
5600001381 LIP THOMPSON RONALD L. IN 17,400.00 11.375 0.000
5600001456 LIP SEARING JEFFREY D. IN 14,300.00 10.750 0.000
5600001464 LIP BURISEK JERRY IL 83,600.00 12.000 0.000
5700000754 LIP KARRAS REBECCA AZ 32,700.00 11.625 0.000
5700000853 LIP BLACK DWIGHT AZ 37,700.00 12.875 0.000
- --------------------------------------------------------------------------------------------------------
Loans Funded and not yet in Servicing 207 12,250,750.00
Total Fixed Rate Loans Funded and Available: Sub-Pool II 675 39,263,332.97
Total Fixed Rate Loans Funded and Available: Group 1 1,200 78,178,460.91
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 21 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
SUB-POOL III: ARM LOANS AVAILABLE FOR SALE
- -------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800120396 800120396 ARCARO DOREEN NY 93,158.64 11.250 6.875
800216673 800216673 WILLIAMS ROBERT R PA 65,440.12 10.500 5.750
800244618 800244618 ANGERS MARC D CT 152,174.76 10.250 5.750
800259954 800259954 CLAYPOOLE JOSEPH H NY 44,754.57 13.625 8.250
800261059 800261059 WRIGHT THOMAS NY 131,014.62 10.625 6.050
800293755 800293755 RIEDLINGER CHARLES G PA 109,399.66 11.750 7.050
800314395 800314395 TEEL BERNARD D NC 159,941.78 11.125 6.800
800318784 800318784 JACOB ZIV NJ 211,760.42 12.125 7.400
800351660 800351660 ARMENTANO JOHN L NY 99,898.61 9.375 6.350
800371536 800371536 O KEEFE ROBERT N NJ 170,759.37 11.125 6.800
800372765 800372765 HEFFRON ANDREW S MD 38,197.60 11.250 6.800
800384786 800384786 DIFANTE DOMENIC FL 104,751.12 10.250 6.250
800387466 800387466 GARDNER MARSHALL M UT 84,787.61 9.500 4.750
800393613 800393613 HARRIS LAMONT NJ 116,901.46 10.250 7.300
800407280 800407280 BAILEY LESLIE HOWARD MD 91,863.32 10.875 6.300
800421489 800421489 MACKENZIE WILLIAM B UT 91,071.32 9.750 6.875
800422057 800422057 WEBER HENRY C PA 52,755.67 12.125 7.850
800422842 800422842 BRASBERGER JOHN T NJ 139,963.15 12.375 9.400
800431884 800431884 HENSLEY WILLIAM CLYDE MD 64,975.53 10.750 7.250
800437386 800437386 MARSHALL JEFFREY R PA 45,573.30 13.750 9.400
800451270 800451270 GURGEL JOSHUA D NY 39,832.96 13.625 8.200
800454654 800454654 DALTON ZAYNE NC 69,566.15 12.750 8.650
800457616 800457616 SMALL ALFRED NY 119,830.67 9.750 6.550
800457699 800457699 DAVIS SUSAN A DE 154,214.12 10.625 7.100
800469975 800469975 OLSEN HEIDI UT 147,354.32 9.500 5.500
800471468 800471468 SILVA MICHAEL NY 170,918.08 9.250 6.550
800477929 800477929 FARMER JAMES PA 34,187.47 10.875 7.300
800486458 800486458 DORIS PHILIP R NY 130,275.52 11.250 6.500
800493728 800493728 HIRSCHKORN SARIT NJ 160,000.00 10.625 6.950
800507683 800507683 MCCLEAN STEPHANIE A NY 137,198.33 10.750 7.650
800511446 800511446 TAFOYA TOMMY NM 148,000.00 12.500 8.625
800513566 800513566 STEWART NASHLIN NY 124,154.49 10.875 7.300
800513764 800513764 FARMER BRUCE A CO 91,947.10 12.000 8.150
800514317 800514317 CHUNG CHARISMA A NY 208,000.00 12.500 9.250
800514564 800514564 VANDERVAART JAN H CO 220,912.17 10.500 7.050
800515165 800515165 POWELL ROBERT PA 63,003.99 11.125 6.800
800518144 800518144 HENDRICKS REX L UT 101,214.87 11.125 6.950
800519878 800519878 LUIRETTE DANIEL C CO 58,343.83 9.625 6.050
800521502 800521502 LYONS JUDITH NJ 115,940.31 12.500 8.650
800523839 800523839 MCCHESNEY JAMES M NY 131,936.76 9.625 6.300
800531675 800531675 LUDWICK SUSAN L PA 212,500.00 11.500 8.150
800540130 800540130 RIVERA EDUARDO PA 34,382.39 10.875 6.450
800545683 800545683 PORTSMORE PAUL E SR NJ 168,691.44 11.125 7.300
800546905 800546905 INGRAM HAZEL LOUISE NY 139,948.70 10.875 6.450
800548414 800548414 RICHARDS SANDRA L NY 100,000.00 12.875 8.900
800553521 800553521 WILKINSON DAVID UT 130,900.00 11.125 7.800
800554941 800554941 HOOVER JAMES L PA 74,510.00 11.000 7.500
800555005 800555005 MCKINLAY GREGORY A UT 191,250.00 10.375 7.050
800559163 800559163 BEACH JAMES E OH 35,979.39 11.875 6.700
800559692 800559692 LINDSAY ROBERT J NJ 104,737.24 11.375 7.000
800564676 800564676 DIAMOND PAUL R UT 90,913.85 10.500 7.550
800572299 800572299 DAVIS JOE TX 45,920.00 11.375 8.000
800572539 800572539 MITCHELL HARVEY NY 144,000.00 12.750 9.250
800574675 800574675 BRYANT MATTHEW ELLIOT CO 104,000.00 10.125 6.550
800576399 800576399 YANNI DOMINIC PA 99,000.00 10.750 7.650
800577231 800577231 GOLA MARCO PA 102,600.00 9.250 6.250
800579161 800579161 PALMACCIO FRANK NJ 68,750.00 12.500 9.050
800580755 800580755 PANISSIDI KENNETH A CT 124,940.88 12.875 8.900
800581050 800581050 MCFARLAND SAMUEL D IN 53,950.73 9.875 6.500
800581704 800581704 MCKEE JENNIFER PA 40,000.00 9.500 6.000
800588600 800588600 COOPER LEE MA 80,000.00 9.250 6.050
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 22 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800611170 800611170 COOPER DAVID CO 119,200.00 9.625 6.800
800612855 800612855 LONG WENDY CAROL NC 30,000.00 9.375 5.250
800615650 800615650 BLASI DOMINICK M JR PA 50,000.00 9.750 6.000
800619165 800619165 ELLIOTT CHRISTINE WI 48,300.00 9.625 6.250
800621260 800621260 KRAUSE LARRY W OR 113,050.00 10.875 7.550
800625220 800625220 KOKOSZKA KATHLEEN A CT 132,000.00 10.250 6.900
800627515 800627515 ADDIE ROBIN D OH 54,000.00 10.625 6.500
800635955 800635955 CLAY GEORGE F III PA 56,000.00 12.625 9.050
800643702 800643702 ACKERMAN STEPHEN S CT 100,000.00 12.375 8.150
800644973 800644973 MAILLET ANTHONY NY 90,000.00 12.375 8.800
800661985 800661985 GOODMAN SHEILA M NY 51,500.00 10.625 6.125
800675811 800675811 BALABAN JOSEPH E. IN 45,000.00 10.375 6.750
- --------------------------------------------------------------------------------------------------------
Loans in Servicing not yet tagged for sale 73 7,531,998.39
Total ARM Loans Funded and Available: Sub-Pool III 73 7,531,998.39
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 23 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
SUB-POOL IV: ARM LOANS AVAILABLE FOR SALE
<S> <C> <C> <C> <C> <C> <C>
106123753 161237532 VULPI BETTY NY 86,041.88 13.875 8.250
106126367 161263678 ROKOSE ERNEST P III NJ 103,124.13 10.625 5.500
106150926 161509260 KNIGHT JOSEPH A AZ 184,332.72 8.625 4.050
106151533 161515333 HIGGINS ORLIE M IL 160,707.34 10.500 5.750
106154201 161542014 MCKINLEY COLUMBUS IL 50,320.11 11.625 7.150
106154341 161543418 TRELLA DANIEL IL 55,120.00 12.875 8.300
106155805 161558051 CHRISTENSEN GARY D CA 349,125.48 9.500 5.000
106157717 161577176 DAKOO WADEE MI 52,725.70 11.125 7.500
106157718 161577184 GAYNOR ROGER DALE MI 57,569.52 12.375 9.400
106157819 161578190 QAZI YOUSAF IL 165,610.53 10.125 6.000
106157880 161578802 HAMMOND ROBERT W OH 119,942.51 9.625 6.050
106157918 161579180 NIFOROS MARY FRANCES NM 94,349.30 14.125 9.250
106158356 161583562 HAMMERSMITH JAMES IL 99,862.08 10.875 6.500
106158553 161585534 WALKER HAROLD GA 75,980.00 12.375 8.000
106158713 161587134 EL-AWAD MOHAMMED MI 97,965.99 11.125 7.900
106158851 161588512 BRISKER KEVIN R IL 82,800.00 10.875 6.900
106160097 161600978 KLOTZ KATHLEEN H IL 54,956.09 10.500 6.000
106160142 161601422 MCKAY BENJAMIN NY 87,469.64 11.125 6.500
106160219 161602198 DEVENUTO DANNY IL 16,776.29 9.750 6.950
106160366 161603667 STUDER KURT MI 92,040.84 11.500 9.050
106160732 161607320 NASH KENNETH IL 344,658.43 13.500 9.400
106160829 161608294 CORYEA JAMES A MN 200,383.45 11.000 6.750
106161609 161616099 FAVORS WALTER A OH 34,000.00 11.375 7.550
106161948 161619481 MORRISSETTE ALAN R MI 72,738.68 10.250 7.300
106161964 161619648 FRANSEN ANDREW J MN 91,928.51 10.625 6.300
106162052 161620521 BRODBECK RODNEY G OH 63,700.00 11.000 7.400
106162127 161621271 HUGHES KAREN S IN 51,000.00 10.500 6.250
106162266 161622667 RANKIN ROBERT E OH 163,922.43 12.875 8.550
106162268 161622683 RICE STEVEN M IN 69,700.00 9.750 6.250
106162280 161622808 ABEL DENNIS R IN 59,940.75 9.500 5.500
106162288 161622881 CULP ROBERT IN 266,000.00 9.875 6.750
106162488 161624887 BERGER TERRY L MI 50,000.00 9.250 6.950
106162542 161625421 MARY HEKMAT MI 174,200.00 8.875 6.400
106162703 161627039 SCHOENBERG LINDA MI 45,000.00 8.250 5.250
106162709 161627096 SHIPPY JOHN C JR MI 134,938.67 9.875 6.200
106162786 161627864 CRUZ SARAH M IN 56,200.00 9.375 6.250
106162876 161628763 BAIL ROBERT A WV 60,000.00 12.500 8.500
106162878 161628789 WILSON STEPHANIE IL 85,000.00 9.375 5.500
106163096 161630967 PETERSON MARY CAROLE NH 40,000.00 8.625 5.000
106163218 161632187 LEONARD CAROL JEAN KS 104,000.00 7.875 4.500
106163225 161632252 HENDRIX SIDNEY IL 92,700.00 10.875 7.250
106163249 161632492 BAMBERG-CROM BRENDA IL 90,000.00 10.125 6.250
106163257 161632575 STAPLETON RETHA OK 33,800.00 12.250 8.250
106163340 161633409 SHOCKEY DOROTHY PARDUE LA 104,000.00 12.000 8.000
106163389 161633896 CRUM DAVID J MI 93,700.00 9.750 5.750
106163513 161635131 SAKINEJAD JULIA PEARSON MD 70,000.00 9.500 6.000
106163604 161636048 DALY THOMAS J IL 187,000.00 10.875 7.250
106163643 161636436 MORGAN BELINDA A IL 100,300.00 11.375 7.250
800006082 180006082 AUSTIN FAYE NY 116,388.75 12.500 7.000
800032153 180032153 SUAREZ WILLY MARK NY 246,383.68 11.125 5.500
800049710 180049710 MALONE BOBBY E NC 77,617.91 11.000 6.000
800054421 180054421 HASKINS GARY NJ 79,477.10 9.625 5.000
800059206 180059206 MYSOREKAR UMA V NY 474,074.39 11.625 6.000
800062259 180062259 BROWN RALPH ELMER JR SC 78,548.02 8.625 4.500
800063539 180063539 GOLDBERG MARK L VA 71,541.37 9.750 5.250
800070245 180070245 MATHENY KATHERINE L FL 69,346.54 12.375 7.500
800071144 180071144 ABASTO ROBERTO VA 111,592.16 12.375 7.500
800074262 180074262 EVANS LORRAINE NY 204,581.04 9.750 5.500
800133472 800133472 QUILES JOSE NJ 179,276.76 11.250 7.250
800139602 180139602 LANDES MARK F FL 68,741.86 9.875 5.000
800173510 800173510 KUSAKAVITCH JOSEPH PA 116,768.47 10.750 5.750
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 24 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800280497 800280497 JONES ANGELLA G NY 248,620.13 11.875 8.500
800287856 800287856 SHAMY JERROLYN AZ 69,800.02 9.750 5.300
800293060 800293060 OLSEN MICHELLE C UT 93,457.13 10.750 6.500
800295701 800295701 MANNS KEVIN P PA 66,349.89 12.625 7.500
800312035 800312035 FOLDVARY PAMELA J CT 118,795.66 11.375 6.950
800331506 800331506 BOWMAN HOWARD W PA 51,944.39 12.375 7.500
800345118 800345118 BORNSTEIN MARC H CT 89,705.66 11.000 6.400
800365926 800365926 GUASTAMACCHI CATHERINE NY 121,267.16 10.750 6.050
800380867 800380867 DANIELS IRA M SR NJ 154,744.08 9.000 5.750
800392763 800392763 PRINCE VANDEAN NJ 139,906.92 11.750 8.300
800404253 800404253 POLLOCK EDNA M NY 230,315.58 10.875 7.300
800404857 800404857 DE VARONA SILVER STARR AZ 44,446.32 11.125 6.750
800409211 800409211 JONES LENARD SR CO 155,088.83 11.000 7.750
800409765 800409765 GEORGE MACK K NC 66,150.00 9.375 6.250
800414435 800414435 TRENTO DON T FL 119,961.65 11.500 7.375
800415812 800415812 NIEVES JANET FL 64,325.17 12.000 6.250
800420382 800420382 LIZARES MARIA LUCIA NJ 109,674.84 10.750 6.875
800421141 800421141 ROBERTS ERIC S NJ 150,472.66 9.875 6.250
800424038 800424038 PERSON RONNIE L NJ 104,000.00 11.625 7.150
800428963 800428963 STALEY ROBERT NJ 157,446.82 11.250 6.500
800429466 800429466 REED MARGARET E WA 110,430.97 11.625 7.000
800431983 800431983 BANKS DOUGLAS J UT 125,529.75 12.125 7.750
800433435 800433435 KAUFMANN VINCENT D FL 103,309.58 9.875 7.125
800437022 800437022 WOODHEAD ROGER NJ 91,901.70 9.125 5.500
800444309 800444309 CORDOVA RICHARD G CO 101,152.61 9.625 6.250
800446080 800446080 SWEETON JERRY DEWAYNE TN 51,350.00 13.500 9.150
800448581 800448581 WILLIAMS IRVIN AZ 44,921.44 10.125 5.550
800453425 800453425 ARMSTRONG PATRICIA A NM 157,265.76 9.500 6.250
800457970 800457970 SMITH JOHN WILLIAM CO 169,528.88 10.250 6.500
800458143 800458143 CAMPANARO LEONARD CO 165,545.25 10.375 7.000
800458275 800458275 MEDINA ELEONOR NJ 25,170.51 10.625 6.750
800460313 800460313 BUNKLEY CHRISTOPHE NY 152,817.28 11.875 7.800
800473886 800473886 JORDAN CONNIE AZ 99,855.12 9.625 6.050
800476061 800476061 VIERAS VILMA R MD 260,831.45 9.875 5.750
800477432 800477432 THOMAS ANTONIO L PA 63,694.85 10.125 6.250
800479008 800479008 HAWLEY GERALD R JR WA 98,918.83 10.375 6.500
800479727 800479727 JAIKARAN JALAKRAM NY 119,700.00 10.250 7.300
800482168 800482168 COLLINS LAMONT D PA 142,735.27 10.875 7.250
800483547 800483547 BROWN TEILA M NY 192,000.00 13.000 9.400
800487860 800487860 RONDAO LOUIE CT 105,330.42 11.375 8.150
800488058 800488058 ENGLERT RICHARD NJ 53,975.01 9.875 6.000
800489049 800489049 BROWN DENNIS M MD 350,381.66 11.250 6.950
800490807 800490807 VAUGIER RICHARD L AZ 272,692.75 8.875 6.650
800490872 800490872 BATTLE MARTHA NY 227,800.00 9.500 5.500
800491706 800491706 MOLL TIMOTHY J PA 82,959.17 9.500 6.500
800495665 800495665 SIMMONDS JOHN LEE JR FL 19,961.20 9.625 5.500
800496713 800496713 FOX JOSEPH L PA 459,000.00 10.000 7.500
800497158 800497158 HARDWICK GERI W PA 16,500.00 10.375 6.500
800499030 800499030 ELKHOLY EMAN H NJ 122,368.88 11.500 7.300
800503047 800503047 LACOMIS JON J PA 35,000.00 9.375 5.250
800503682 800503682 ORR DENNIS M CO 281,808.69 11.250 7.375
800503864 800503864 ACOT DEMITRIO NY 377,853.79 10.625 7.050
800509036 800509036 CHRISTOPHER ROBERT C MD 112,500.00 11.250 7.400
800509978 800509978 CHRISTOPHER ROBERT C MD 146,575.50 11.250 7.400
800513327 800513327 PATERSON WILLIAM M NJ 108,403.62 10.000 6.800
800517997 800517997 SCOTT GEORGE NJ 104,000.00 11.875 7.500
800518151 800518151 MORRIS SAMUEL NJ 94,528.25 11.500 7.150
800519787 800519787 FRANCIS CLIFFORD R OR 141,677.30 10.000 6.550
800519944 800519944 KAFIGIAN DOUGLAS P MO 378,000.00 10.875 7.300
800521221 800521221 WILLIAMS MILTON NJ 103,958.67 10.500 7.250
800521346 800521346 CURLEY EDWARD NY 131,973.06 13.500 9.400
800521478 800521478 MEYERS GLEN NY 147,799.16 9.625 6.950
800521726 800521726 MILLIEN MAURICE NY 176,327.98 10.375 7.300
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 25 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800525792 800525792 MARSHALL BRADFORD M IL 127,000.00 9.875 5.950
800526311 800526311 WALTERS CURTIS D OH 24,983.93 11.500 7.550
800530396 800530396 ROSE MARY ANN MI 68,800.00 12.125 8.000
800531808 800531808 FEIERTAG SHARON PA 101,958.36 10.375 6.500
800532327 800532327 BLACKMAN JOANN IL 63,750.00 9.500 6.550
800532590 800532590 SCHLEIFMAN ABBY NY 106,800.00 12.750 9.100
800532624 800532624 BLOKER ROBERT M AZ 118,400.00 8.625 5.000
800533622 800533622 MAY DAVID E OR 197,950.73 12.625 8.550
800534257 800534257 GREENWOOD GLENFORD NY 105,000.00 10.250 6.200
800535544 800535544 DORTCH ERIC IL 109,590.11 9.000 6.050
800535718 800535718 SMITH CLIFFORD IL 197,200.00 11.500 8.050
800535809 800535809 BASAGOITIA JUAN GOMEZ NY 261,000.00 10.750 7.650
800537144 800537144 CLYMER STEVEN L PA 88,000.00 11.875 8.000
800537235 800537235 HOPE YVONNE NY 139,959.94 12.000 7.800
800537714 800537714 HUMPHRIES MARIBEL NY 86,351.68 12.125 9.050
800538035 800538035 BURWELL DENISE NY 138,505.72 11.500 7.350
800538084 800538084 ZHAK MIKHAIL CO 111,200.00 10.625 6.850
800538118 800538118 PERKINS EUGENE P JR CT 121,455.48 10.875 7.300
800539793 800539793 JEFFREY LILIAN FL 148,750.00 11.000 8.150
800541799 800541799 ALEXANDER CLARENCE MD 31,484.68 12.750 7.150
800542961 800542961 DAVIS CYNNEA CO 273,463.23 10.125 7.300
800544991 800544991 THOMAS MELVIN MD 49,586.20 12.125 8.000
800545006 800545006 JOHNSON REGINALD A. WI 52,100.00 10.125 6.250
800547887 800547887 TOROSIAN THOMAS M WI 110,946.82 9.625 6.600
800550428 800550428 LARA ADONAY IL 77,444.48 11.000 7.800
800550584 800550584 VASQUEZ ISMAEL IL 110,000.00 9.000 6.050
800551756 800551756 HARRIS STEVE WI 82,000.00 13.125 9.050
800553679 800553679 MILLER DON AZ 67,932.83 9.500 5.850
800555724 800555724 VASQUEZ GUADALUPE UT 110,181.47 8.375 7.050
800557001 800557001 DEAN CHERYL PA 61,600.00 11.000 6.850
800557019 800557019 VALDEZ IGNACIO A JR IL 152,924.74 9.500 6.425
800559965 800559965 HAYES VARNEESE GA 86,400.00 11.000 7.000
800561029 800561029 INGRAM HENRY SCOTT GA 80,750.00 11.625 7.000
800561490 800561490 FEAGIN KENNETH M SC 52,275.00 11.000 7.250
800562274 800562274 PALMACCIO FRANK NJ 77,000.00 12.500 9.050
800562704 800562704 HENDRIXSON LINDA M MI 59,500.00 10.500 6.250
800565533 800565533 THOMAS COLIN UT 185,248.03 7.000 5.500
800565921 800565921 RUBIO JOSE R IL 179,812.64 9.250 6.000
800566218 800566218 FERREIRA OSCAR A NY 254,903.99 10.750 7.300
800566242 800566242 SCHULZ EDWARD P IL 213,365.78 9.000 6.000
800567646 800567646 WILLIAMS WILMA OH 63,750.00 8.125 5.500
800567703 800567703 COREN HOMER R MD 199,750.00 9.500 6.250
800567729 800567729 HAILS DOUGLAS D PA 85,000.00 12.375 8.000
800568958 800568958 HURLEY JEFFREY MA 229,500.00 10.125 6.750
800570079 800570079 MASCARA GERALDINE A PA 58,000.00 10.750 6.250
800571010 800571010 RICHARDS YVONNE D. PA 52,000.00 13.125 9.050
800571903 800571903 WATKINS JOE L FL 71,500.00 10.375 6.500
800573644 800573644 GOSSETT TRAVIS A NY 36,367.65 10.000 5.200
800574170 800574170 BAKER FREDDY B OH 79,776.62 11.875 8.050
800576910 800576910 WALSH BRIAN D PA 71,250.00 9.000 5.500
800577512 800577512 HORNBY JOHN B CT 510,451.89 9.625 6.000
800577595 800577595 CHARY ANDREW R CT 236,250.00 9.625 6.250
800577652 800577652 FLETCHER ARTHUR T MA 112,000.00 9.125 5.500
800578296 800578296 PETERSEN PATRICIA E FL 86,700.00 9.875 6.250
800578841 800578841 ABDULLAH HUSSAIN MI 46,700.00 11.875 8.050
800579047 800579047 RUCKER LARRY C FL 76,000.00 11.875 8.000
800579153 800579153 MICHAEL ANDY MI 161,822.44 9.625 6.650
800579377 800579377 DIETZ RICHARD F CT 110,250.00 9.875 6.250
800579757 800579757 MERIVAL EDITH NY 231,750.00 10.250 7.300
800579955 800579955 TRAINI KAREN J SC 78,700.00 11.625 8.300
800580888 800580888 FURTADO EARLENE M CO 152,000.00 10.250 9.150
800581449 800581449 GODO JEFFREY MI 55,800.00 11.875 8.300
800581696 800581696 ELLIS JAMES PA 41,565.00 10.250 6.250
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 26 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800582389 800582389 LEE SUZI H MD 198,000.00 9.250 5.500
800583213 800583213 DAVIS SCHERITA MI 33,090.26 11.875 8.050
800583791 800583791 MORRISON JOSEPH A PA 88,000.00 7.875 4.750
800586075 800586075 PAGE JOSEPH D PA 121,800.00 9.750 6.600
800586463 800586463 JENKINS LEE MI 33,600.00 9.125 5.750
800586471 800586471 TRAYHAM DANA T MD 46,750.00 11.125 7.000
800591497 800591497 KELLAM F JEFFERSON III VA 339,374.44 9.875 5.650
800592040 800592040 SPINDLE KEVIN UT 212,000.00 10.625 7.250
800593220 800593220 DUFFUS ODETTE NY 148,000.00 12.375 8.900
800593345 800593345 LOWE TIMOTHY R FL 101,500.00 11.125 7.000
800593634 800593634 ESPENSHADE STEVEN R PA 82,800.00 9.375 6.250
800594020 800594020 METCALF RICKY J WI 55,968.61 8.875 5.800
800595159 800595159 CICAK MICHAEL P FL 65,795.00 9.375 6.000
800596256 800596256 WELLS LAWRENCE J. MI 103,700.00 10.500 7.300
800597262 800597262 CORCORAN GARRET M NY 167,000.00 8.000 4.250
800597445 800597445 HAMMONS DAVID M OH 94,000.00 11.625 7.750
800599276 800599276 TIKA FARID MI 80,800.00 8.375 5.000
800599292 800599292 DALLO RALPH MI 144,500.00 7.375 5.000
800599367 800599367 BAILEY IRVIN MI 68,000.00 12.125 8.050
800600496 800600496 MASON LINDA L OH 84,600.00 8.250 5.000
800601338 800601338 MUDGE JOHN H NH 68,310.00 9.375 6.250
800602492 800602492 HODGE HUGH G PA 248,000.00 10.875 6.750
800602740 800602740 KINGSWOOD RICHARD L NC 107,100.00 9.375 6.250
800603110 800603110 DISHMON MICHAEL IL 405,000.00 10.250 7.300
800603177 800603177 RICHARDSON RICARDO IN 318,700.00 9.750 6.500
800603649 800603649 DEWOLF CHARLES NJ 132,939.57 9.875 6.550
800604126 800604126 JACKSON ANTHONY M OH 84,000.00 10.375 6.500
800605263 800605263 PAPADOPOULOS ELIAS MA 96,800.00 8.750 5.000
800605453 800605453 ASCIE NAJLA MI 93,700.00 7.875 4.500
800605990 800605990 RIEMAN MARY C PA 63,000.00 9.375 6.250
800606311 800606311 DELAO ANTONIO MI 52,200.00 9.500 5.500
800606436 800606436 MITCHELL LARRY A PA 57,700.00 9.875 5.750
800606626 800606626 CARRATINI ANGELA NY 106,435.27 11.750 6.950
800607525 800607525 HOLT CHARLENE IN 46,400.00 9.375 5.750
800607996 800607996 MOHN TIMOTHY PA 73,800.00 9.000 5.500
800608630 800608630 KLINGFORTH FREDRICK J WI 59,500.00 10.875 7.200
800608747 800608747 VAZQUEZ GEORGE L PA 115,000.00 8.625 5.250
800610552 800610552 SINGH JARNAIL NY 241,800.00 10.875 7.450
800611485 800611485 STONE JOHN E NC 335,120.00 9.000 5.500
800612194 800612194 HANEY CLEM M. WA 176,250.00 10.000 6.000
800612798 800612798 ALLEN JOSEPH F NC 198,000.00 9.875 6.750
800617094 800617094 ARCHEY DOUGLAS A OH 76,400.00 9.125 5.750
800617110 800617110 JACKSON TERESA L OH 63,000.00 8.625 5.750
800617730 800617730 JONES JOYCE M OH 45,000.00 9.125 5.750
800617912 800617912 PHILLIPS ROBERT MI 124,900.00 11.000 7.800
800618761 800618761 TURNER TERESA MARIE FL 36,000.00 11.250 7.250
800619371 800619371 YOUNGBLOOD JOEL AZ 100,000.00 9.750 6.100
800619397 800619397 RICHMOND ALVIN R TX 60,300.00 8.750 5.500
800619801 800619801 MOLINA FRANCISCO A PA 48,025.00 12.250 8.400
800620395 800620395 MCDONALD MAUREEN D GA 95,400.00 9.500 5.750
800621633 800621633 HOLT JAMES D UT 59,163.00 11.625 7.750
800625097 800625097 CRIPE DAVID A MI 68,000.00 10.625 7.600
800625675 800625675 TOWNSEND MAXINE IN 148,684.19 10.000 7.050
800627291 800627291 KLINGER GARRY CT 53,250.00 11.750 7.900
800628273 800628273 ROBERTSON CURTISS WA 113,400.00 9.625 6.500
800630402 800630402 MODUPE KUNLE N DC 124,200.00 9.875 6.250
800630717 800630717 MANSON RUTH L NJ 260,100.00 11.000 7.250
800630733 800630733 MCEWEN ALBERT D. IL 130,000.00 8.500 5.600
800630840 800630840 MUHAMMAD RASHEED A CT 96,000.00 13.375 9.750
800632580 800632580 THOMPSON BESSIE NY 155,000.00 9.750 6.600
800632598 800632598 BROWN MELINDA J MD 88,224.04 11.875 7.300
800632861 800632861 DECOITE DENNIS J CA 208,000.00 12.875 9.250
800634172 800634172 FRAGOMENI COSIMO CT 146,700.00 9.625 6.250
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 27 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800634420 800634420 LONGORIA JESSE MI 160,600.00 9.625 7.050
800635674 800635674 LOVEJOY TODD C CT 170,000.00 12.625 9.050
800636417 800636417 BAILEY ROBERT J RI 125,900.00 9.750 6.250
800639379 800639379 TRIBBLE JOHN R JR FL 106,200.00 9.125 6.250
800639726 800639726 GARCIA THE0DORE A CO 85,000.00 11.375 7.250
800640146 800640146 THOMPSON FREDRICK M IN 68,000.00 11.125 7.000
800640674 800640674 CABRERA LUIS VA 215,900.00 9.125 6.250
800640864 800640864 JONES MARY L PA 52,200.00 9.625 6.250
800641813 800641813 LEWIS DENISE PA 42,500.00 9.000 5.000
800641920 800641920 KOCH BARBARA NY 52,000.00 11.125 7.500
800642068 800642068 HOLT EVELYN A GA 89,100.00 9.625 6.250
800642720 800642720 MITZEL STEVEN A PA 73,100.00 10.250 6.250
800642837 800642837 GRANT RICHARD B PA 212,000.00 11.250 8.000
800643280 800643280 RAYMOND VAUGHN A UT 53,000.00 7.625 4.750
800645707 800645707 AWWAD ENJEHAD MI 52,000.00 8.625 5.550
800646390 800646390 VELASQUEZ KEVIN MI 45,900.00 8.750 5.500
800646804 800646804 WHITE SHELBY FL 108,000.00 9.250 5.500
800647158 800647158 HILL DWAYNE TX 126,400.00 12.125 8.000
800648164 800648164 KUNTZ KENT L PA 117,000.00 8.375 5.750
800648206 800648206 HANEY DAVID MI 63,000.00 9.625 6.000
800649071 800649071 ROMESBURG KENNETH E PA 40,000.00 8.375 5.000
800649303 800649303 OLIVER ANGELA IL 148,500.00 9.125 6.250
800649592 800649592 BOMBERGER THEODORE NJ 52,200.00 9.375 6.250
800650269 800650269 PERL JAMES W CO 291,125.00 9.375 6.750
800650376 800650376 CLANCY LINDA MARIE IL 99,200.00 12.625 9.050
800650533 800650533 SCUDERA DENNIS NY 210,600.00 10.500 7.300
800650681 800650681 WACHTER WILLIAM A NY 88,400.00 11.125 7.800
800652646 800652646 KING DARYL GA 178,500.00 11.125 7.000
800652950 800652950 CHANDLER DAVID L CO 108,800.00 8.625 5.500
800654790 800654790 ALAMO ORLANDO CT 127,800.00 9.750 6.600
800654907 800654907 SCHMIDT MARY E TX 106,200.00 9.875 6.250
800655094 800655094 WARNICA JOHN D MA 103,870.00 10.375 6.750
800655193 800655193 SINGLETON MARCELLA OH 52,000.00 11.250 7.500
800655268 800655268 KIMBROUGH CAROL A IL 123,100.00 10.250 6.250
800656597 800656597 GORSEGNER JAMES MN 93,500.00 10.375 6.750
800658155 800658155 DEATON MICHAEL T GA 106,250.00 10.375 6.750
800658387 800658387 KOCHER GEORGE CHRISTIAN CT 232,000.00 11.125 8.000
800659815 800659815 STOKES, HORACE SC 53,600.00 11.875 8.000
800659914 800659914 WITTER PHILLIP DAVID NC 139,500.00 10.375 7.375
800660318 800660318 BALOGH WILLIAM J PA 113,000.00 10.125 6.750
800662439 800662439 GUYNN JAN F CO 300,000.00 9.625 6.500
800662595 800662595 KILLMER GEORGE H WA 272,800.00 11.625 8.250
800665226 800665226 SIEBER ETHEL M FL 96,000.00 9.625 6.750
800667529 800667529 LE JANNY AUDUONG MD 159,700.00 9.250 5.500
800667545 800667545 BALDWIN WILLIAM D PA 124,950.00 8.000 5.000
800668204 800668204 MILLER KENNETH M JR FL 92,650.00 9.500 6.250
800669293 800669293 MARTIN FRANK TX 119,700.00 8.875 6.500
800670671 800670671 LOESCH DAVID R IN 110,400.00 12.125 8.000
800671109 800671109 ROMERO JOHNNY J CO 109,800.00 9.625 6.250
800671430 800671430 DAIOS PRISCILLA NY 110,000.00 8.875 5.750
800672933 800672933 LOVELACE LAWRENCE W. IN 92,400.00 10.250 6.250
800673550 800673550 SHUTTLEWORTH JOHN E SR AZ 90,000.00 8.875 6.050
800674897 800674897 YAMAN ALI R NC 124,100.00 9.375 6.000
800676785 800676785 ASIS HENRY NV 118,175.00 9.875 6.000
800677403 800677403 CANTYMAGLI VINCENZA FL 55,250.00 9.875 6.250
800678963 800678963 AULT CHERYL NY 220,500.00 9.875 6.800
800679409 800679409 MILLER GLEN L AZ 85,500.00 9.750 6.550
800679540 800679540 JOHNSON EDGAR AZ 67,500.00 9.375 6.250
800680720 800680720 WOOTEN ARCHIE FL 72,250.00 9.875 6.750
800681702 800681702 SISK JAMES R MD 90,000.00 10.875 7.300
800683104 800683104 PATTERSON DAVID L. IN 45,000.00 9.625 6.250
800683112 800683112 HASMAN DYLAN A AZ 121,500.00 8.750 6.100
800684359 800684359 LEWIS KEITH R PA 120,000.00 8.000 5.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 28 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800686362 800686362 QUINNEY PATTI M UT 169,200.00 9.875 6.500
800688483 800688483 TWICHELL MARK MI 38,400.00 8.625 5.250
800689184 800689184 MCLANE KIMBERLY L TX 112,625.00 9.625 6.750
800689713 800689713 MAHMOOD ZAINAL A MA 156,000.00 9.000 5.000
800689739 800689739 QUADIR BAZLUL MA 64,000.00 9.000 5.000
800690471 800690471 ROWE ABB E WILDE AZ 64,800.00 9.750 6.550
800697237 800697237 NIEVES JULIO MA 60,000.00 8.375 5.000
800699175 800699175 FANSLER ROBERT W AZ 169,150.00 9.125 6.250
- -------------------------------------------------------------------------------------------------------
Loans in Servicing not yet tagged for sale 321 38,904,010.21
106157886 LIP FRYMAN STEVE A. OH 69,300.00 10.625 7.300
106158945 LIP ZLOTKOWSKI JOHN T IL 70,400.00 12.000 9.050
106160131 LIP ESTON CLARENCE W MO 42,400.00 13.125 9.050
106160355 LIP LAMPLEY GLORIA A IN 29,600.00 13.500 9.400
106160942 LIP LAMONT SCOTT M. OH 37,800.00 10.375 7.300
106161615 LIP REINHART STEPHEN P OH 42,000.00 11.250 8.150
106162238 LIP COOK DAVID A OH 165,000.00 9.625 7.000
106162699 LIP HOSTON REED MI 32,800.00 9.250 5.300
106162706 LIP HAYES ALONZO J. MI 48,000.00 10.625 6.800
106163355 LIP HARTELL TILLMAN L. IL 83,300.00 9.375 5.250
106163391 LIP MC NICHOLS WILLIAM J. IL 89,600.00 8.750 5.000
106163512 LIP CONVERSE DAVID M VT 162,000.00 9.875 5.750
106163788 LIP MCNAMARA ALICE OH 68,900.00 10.875 7.000
800476392 LIP BARNES LINDA C GA 97,500.00 10.500 6.400
800484685 LIP LITTLETON TONY LAMAR GA 44,200.00 11.500 7.300
800495806 LIP HUMMER JR RICHARD R NY 61,600.00 10.875 7.300
800499329 LIP LITTLE JAMES M PA 93,150.00 10.250 6.950
800501488 LIP MONCURE III WILLIAM A VA 232,000.00 9.250 6.550
800502304 LIP REDLINE CHERYL L NJ 95,200.00 12.125 8.300
800515199 LIP BEAGLE C KIMBER PA 125,000.00 10.500 7.300
800517666 LIP STEWART HAROLD DC 106,200.00 10.625 7.300
800519290 LIP MARTINI RACHEL A PA 51,000.00 11.625 7.800
800524894 LIP FIGUEROA BRENDA I NJ 34,000.00 10.625 6.200
800526246 LIP WALTERS CURTIS DARNELL OH 25,000.00 11.500 7.550
800532301 LIP SIMONS ADAM L OH 85,500.00 10.000 6.950
800532384 LIP VALDEOLIVAR JOSE M UT 72,000.00 12.375 8.800
800534976 LIP COLES WILLIE M MD 31,500.00 11.500 7.900
800544777 LIP RAFFAELE FRANK PA 120,000.00 11.000 7.300
800546111 LIP JAMES D. IN 84,800.00 12.375 9.400
800546806 LIP MONTGOMERY ROBERT O UT 99,000.00 10.875 7.300
800548935 LIP FRIELDS SR DANIEL B PA 33,600.00 13.000 9.400
800551681 LIP NAHM CHARISE UT 68,400.00 9.875 7.050
800552713 LIP WARD DARIN PA 98,000.00 10.625 6.800
800553174 LIP PATRICK CHARLES W PA 88,000.00 12.000 8.500
800554057 LIP TERRITO II LORENZO PA 64,800.00 13.000 9.400
800555948 LIP PARKS JAMES GA 62,050.00 12.375 7.950
800556896 LIP ROCCOGRANDI JAMES PA 52,000.00 10.375 6.800
800559205 LIP MOEN TIMOTHY WI 151,200.00 10.375 7.300
800561284 LIP EDWARDS DONALD ROBERT VA 93,400.00 10.750 7.450
800562019 LIP MILLER THOMAS E PA 67,900.00 10.500 6.250
800565210 LIP KOVACEV GEORGE PA 36,750.00 11.125 7.300
800565483 LIP GUERRA MICHAEL G PA 172,550.00 9.125 6.050
800566770 LIP BLAND JOHN B. NC 140,800.00 9.500 6.050
800566945 LIP CADET SODNA NY 154,700.00 11.000 7.300
800567927 LIP BENEFIELD SCOTT GA 46,500.00 8.750 5.500
800568552 LIP STAFSLEIN ROBERT J WI 170,200.00 10.875 7.400
800569782 LIP KOSIYASTHIT ADISORN CO 52,500.00 9.625 6.000
800576134 LIP GHANT FRANCES D SC 74,800.00 10.000 6.500
800577298 LIP DEHART ROBIN J NJ 82,800.00 9.875 7.300
800578981 LIP ROTA JOHN J NJ 200,000.00 12.000 9.050
800579179 LIP BOOS STEVEN K UT 375,000.00 10.375 6.300
800580417 LIP CANTARELLA CANIO A PA 117,000.00 9.375 6.250
800582967 LIP FARIAS LUPE M IL 123,300.00 9.875 7.300
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 29 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800582991 LIP SIEJA GERALD S. IL 105,000.00 8.625 6.050
800585622 LIP HOMMES BRANDON L UT 109,600.00 11.625 8.625
800586737 LIP FAUX HARRY PA 22,950.00 11.875 8.050
800588840 LIP ALFAKIH ABDULAZIZ MI 59,400.00 10.500 6.800
800592529 LIP ORR BRENDA SUE GA 38,000.00 11.625 8.000
800593311 LIP SAMMON MARTIN G MA 84,700.00 10.000 6.000
800593824 LIP GLUCKMAN ROGER NY 230,000.00 10.125 6.500
800594111 LIP EGGLESTON SCOTT W CO 216,000.00 9.625 7.000
800595290 LIP DEAN DANIEL J OH 144,500.00 9.125 5.700
800595597 LIP PONTRY ANTHONY R PA 45,000.00 9.375 6.250
800595787 LIP SCHWARTSBECK FLORENCE PA 31,500.00 10.375 7.300
800595837 LIP DAHOUD TAISSIR MI 84,000.00 9.875 6.000
800598203 LIP RUSSO ANTHONY L. MI 150,000.00 11.250 7.250
800598807 LIP JENNINGS DAVID PA 28,900.00 8.875 5.250
800600371 LIP MITCHELL JOHN PA 107,500.00 10.500 7.550
800600744 LIP GATES JEFF UT 82,500.00 10.375 7.000
800602385 LIP OLSON TERRACE J UT 102,000.00 12.125 8.050
800603664 LIP BOKA DANIEL F. MI 50,000.00 7.750 4.000
800604423 LIP THOMPSON STEVENSON OH 81,900.00 11.625 7.800
800604670 LIP SCHILLING ROBERT F MD 220,500.00 9.500 6.550
800606642 LIP KAPPES NANCI J. WI 76,800.00 12.375 8.250
800607558 LIP CARMICHAEL NECIE IL 49,500.00 10.500 7.300
800607681 LIP DANIELS MICHELE NY 161,500.00 11.875 8.400
800607863 LIP CARPENTER JANET L NY 100,000.00 8.625 5.250
800608259 LIP PICCOLO ANTHONY J CT 121,500.00 10.500 7.375
800610735 LIP SPARKMAN ROY CLIFTON GA 189,550.00 8.375 5.000
800611246 LIP ARMAN NEHAD IL 115,200.00 10.625 7.650
800611311 LIP BROWN ANNIE IL 63,750.00 10.250 7.100
800612996 LIP JACKSON JAMES OH 157,200.00 10.625 7.700
800614075 LIP HARBOUR JAMES OH 38,300.00 11.375 7.500
800615015 LIP VINSON MONA IN 159,800.00 11.125 7.000
800615379 LIP CARTER MARY ANNE WV 66,750.00 13.500 8.900
800616211 LIP MERCHANT DEBORAH JONES PA 40,800.00 9.250 5.500
800616500 LIP DIXON BEVERLY NY 112,500.00 10.500 7.150
800616591 LIP MEADOWS ROSETTA M. FL 100,000.00 11.375 8.000
800619355 LIP PARRA RICHARD A TX 53,000.00 8.625 6.000
800620700 LIP PAISAN JOHN C. MI 140,000.00 9.125 6.050
800623100 LIP METZ ROBERT A PA 57,375.00 11.125 7.000
800623332 LIP CALDERON LISA NJ 200,000.00 8.500 5.375
800624074 LIP TAMILY HENRY NJ 270,000.00 10.250 6.900
800625550 LIP ELMAWERI JEFFREY MI 26,400.00 10.125 6.300
800627978 LIP FOSTER SAMANTHA OH 43,200.00 12.750 9.150
800628711 LIP CASTAGNA SR ANTHONY NY 121,500.00 12.750 9.150
800629180 LIP ZAMORA MARIO R WA 50,000.00 8.625 5.500
800630220 LIP GRAUSO MARIO A NJ 292,500.00 9.500 6.500
800630477 LIP HAINES BRYAN W OH 78,300.00 11.000 6.950
800630881 LIP ABATE JOSEPH M. MI 84,100.00 9.875 6.700
800631780 LIP VIGIL MICHAEL CO 48,375.00 9.750 5.500
800634586 LIP DAVIS WALLACE RAY FL 472,000.00 10.000 6.750
800637704 LIP CARNAHAN LYNDA S. MI 124,400.00 9.625 6.200
800638470 LIP BAZZI HANI MI 214,200.00 9.875 6.750
800638561 LIP DAVIS JAMES SCOTT MI 175,100.00 9.250 6.300
800638611 LIP WESTERFIELD CECIL OH 30,400.00 12.125 8.000
800638785 LIP AVERSA JOSEPH NINO NJ 85,000.00 10.125 6.900
800640948 LIP LUNDEEN STEVEN D. MN 100,000.00 8.500 5.500
800642142 LIP ORINGER MARC NY 56,000.00 10.500 7.000
800644437 LIP HICKEY ROBERT L PA 117,000.00 8.000 4.250
800645152 LIP CARTER RENEE MI 75,000.00 9.500 6.000
800645194 LIP CALLE DORIS C NJ 103,500.00 10.000 6.550
800645293 LIP CLARK CHARLES R CO 275,200.00 7.750 4.482
800645772 LIP REBHOLZ DAVID A. FL 69,700.00 10.125 6.750
800646010 LIP BUTLER BARBARA A. MI 80,000.00 7.625 4.600
800647935 LIP ALEXANDRE HENRI PA 78,000.00 10.000 6.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 30 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
800649774 LIP LASTERY HAL OH 61,200.00 8.375 5.250
800649857 LIP COMER JAMES E OH 62,000.00 8.625 5.500
800653727 LIP FLORES FRANCISCO G NY 188,400.00 11.750 8.250
800654048 LIP WHEELER MARK AZ 139,500.00 9.750 6.550
800654220 LIP JUNIOUS CHARLENE IL 48,000.00 12.625 9.050
800654592 LIP MORENO JOHN ANTHONY AZ 133,390.00 8.750 5.800
800656217 LIP O'NEAL NANCY FL 102,000.00 10.250 6.250
800656910 LIP CORBETT PAIGE CO 135,150.00 9.875 6.750
800657793 LIP GEBHARDT TIMOTHY R WI 73,600.00 12.000 8.400
800660185 LIP ZYWOTCHENKO TANYA NY 110,000.00 9.375 5.250
800660730 LIP MOHABIR PAUL NY 155,700.00 8.500 6.875
800660920 LIP MCCAFFERTY CHRISTINE MI 142,000.00 7.000 4.000
800663346 LIP WARDYNSKI JAMES IL 55,250.00 10.750 7.300
800664013 LIP STEPHENSON RICHARD G NC 278,600.00 8.375 5.000
800665408 LIP HARPER HENRY C GA 42,800.00 10.500 6.300
800667131 LIP WURZ AMELIA M OH 98,400.00 11.625 8.000
800667271 LIP SCHULZE WALTER B FL 100,000.00 8.750 6.000
800669855 LIP WADSWORTH JEFFREY S CO 79,000.00 8.375 5.750
800671927 LIP BURRUANO MICHAEL NY 328,000.00 8.625 6.050
800672172 LIP MURPHY THOMAS P NY 46,800.00 10.875 5.950
800672461 LIP HAWTER III STEPHEN M GA 180,000.00 11.500 7.900
800672685 LIP JANTON MARK W NJ 200,000.00 9.375 6.700
800673527 LIP BARRIOS MARK A AZ 107,500.00 10.500 7.050
800675944 LIP OLSON BRENT IN 114,800.00 9.875 6.250
800676611 LIP PHAM UYEN KHAC NV 90,865.00 9.625 6.000
800679912 LIP SUAREZ STEVEN IL 68,000.00 9.500 6.050
800680589 LIP SHEFFIELD CURT LANE PA 71,000.00 8.875 6.250
800681124 LIP FOX MARY PA 41,650.00 8.500 4.750
800682361 LIP FIGARO MARIE FL 117,000.00 9.625 6.250
800682510 LIP GLISAN JUELE CO 500,000.00 9.125 6.250
800682643 LIP GLISAN JUELE AZ 147,600.00 9.125 6.000
800685778 LIP ZITTING MARILEE M UT 128,690.00 10.625 6.750
800687634 LIP SNEED CALVIN GA 76,500.00 9.875 6.250
800690380 LIP PIPKIN RITA NC 40,600.00 13.875 10.000
800690588 LIP STEIGERS JR WILLIAM D CO 765,000.00 8.750 5.800
800691644 LIP HOLT CHARLENE IN 32,000.00 9.125 5.750
800693921 LIP MUSTAFA SHAMA IL 117,000.00 10.875 7.450
800697294 LIP KRWAWECZ JOHN NJ 85,849.00 11.000 7.500
800700734 LIP PALMER SHARON TX 63,900.00 9.625 6.500
800703993 LIP ANDREW RICHARD J NY 89,970.00 10.000 6.125
800705642 LIP DAVIDS ERIC E NJ 112,000.00 12.875 8.700
800708430 LIP ESTRELLA JESUS MANUEL AZ 64,000.00 9.500 6.300
- --------------------------------------------------------------------------------------------------------
Loans Funded and not yet in Servicing 158 17,586,064.00
Total ARM Loans Funded and Available: Sub-Pool IV 479 56,490,074.21
Total ARM Loans Funded and Available: Group 2 552 64,022,072.60
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 31 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<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>
106158320 MCCLARY JR CECIL NY 185,000.00 12.600 0.000
106160510 SOVITSKY MELVIN NY 165,000.00 11.450 0.000
106162911 NIVAR SPYKE CT 104,000.00 11.950 0.000
106162951 O'NEAL STEVEN L. AL 49,000.00 12.750 0.000
106163248 SUTTON GARY A KS 72,000.00 9.950 0.000
106163283 SICILIANO JOSEPH NY 287,500.00 12.000 0.000
106163326 CONNOLLEY DONALD W. IL 90,000.00 9.090 0.000
106163501 GUO ANDY NJ 200,000.00 11.100 0.000
106163538 POPOVICH VASILY NH 85,400.00 12.100 0.000
106163600 FERRARO JOHN W. IL 24,300.00 10.420 0.000
106163670 PORCELLI ROBERT M. OH 18,000.00 11.550 0.000
106163687 WEAVER BLONDELL IL 67,900.00 9.050 0.000
106163880 JOHNSON JR MANCE IL 79,200.00 10.300 0.000
106163927 URBANSKI STANLEY IL 62,000.00 9.900 0.000
106163934 DOUGHERTY MICHAEL W. OH 16,800.00 11.875 0.000
106163953 SMITH DARLENE NY 66,200.00 11.126 0.000
106163960 RAYMOND JAMES D ME 78,400.00 12.350 0.000
106164118 MICKELSON CARL L. NY 57,900.00 11.876 0.000
106164152 DOMBKOWSKI DOROTHY H. IL 117,000.00 8.250 0.000
106164173 RYBITSKI JOSEPH NY 28,600.00 11.126 0.000
800484263 HALE ELBERT A. FL 87,975.00 11.600 0.000
800531519 WANDZILAK STEPHEN T SC 61,000.00 10.550 0.000
800557357 DIAMON, JR. WILLIAM J. FL 80,750.00 10.500 0.000
800563074 FREDERICK MARY ANN NY 29,200.00 11.100 0.000
800565327 CHILEK CHRISTINE M. NC 100,000.00 9.000 0.000
800567661 JOHNSON MARK A PA 26,000.00 12.250 0.000
800567992 AMBRUS ISTVAN PA 98,000.00 10.500 0.000
800568057 RASBERRY SHIRLEY HILL VA 56,800.00 12.100 0.000
800570780 HOWERTON DAVID LEE NC 66,725.00 11.500 0.000
800576282 GOMEZ MARY R. IN 15,200.00 12.840 0.000
800584583 JANJUA ABDUL S PA 78,000.00 12.550 0.000
800592255 LEE SANG W NY 90,000.00 11.500 0.000
800594921 BIELOPETROVICH DANIEL J. OH 51,350.00 8.900 0.000
800596454 REILLY LENORE M. MI 80,000.00 8.900 0.000
800596918 PILATO LOUIS P NY 116,000.00 12.450 0.000
800596926 FELKER JACOB PA 100,800.00 12.300 0.000
800597841 BARTON JR ROBERT NJ 38,000.00 10.500 0.000
800599540 BROWN WILBERT L. IL 30,400.00 10.700 0.000
800599953 WOYNOWSKIE DEBRA S OR 37,000.00 10.350 0.000
800599961 LINEBAUGH PAUL FL 59,400.00 8.750 0.000
800600801 OSBORNE JR THOMAS M. OH 44,800.00 10.850 0.000
800601544 BENNETT JOHN NY 124,600.00 10.990 0.000
800601908 LOFTON JESSIE T PA 48,000.00 11.950 0.000
800604225 WILLARD JEFFREY M MA 28,000.00 12.600 0.000
800606857 TRAVIS BEVERLY M PA 14,400.00 13.750 0.000
800609166 HAMMONS JAMES L SC 46,400.00 9.650 0.000
800610792 BOLDEN RACHAEL A PA 14,000.00 11.350 0.000
800612574 ONDERKO DONALD PA 73,600.00 10.650 0.000
800613788 NEALY JANET E NY 46,750.00 12.500 0.000
800615668 DAVIS ROGER CT 66,700.00 12.750 0.000
800615908 WOOTEN KENNETH TODD NC 16,000.00 12.100 0.000
800615965 NEWELL SCOTT A. MI 35,200.00 12.600 0.000
800616765 LOMAX ROBERT V MD 103,500.00 8.500 0.000
800617961 MASSEY WILLIAM IL 79,200.00 13.750 0.000
800617987 BULKOWSKI JANICE LEE FL 53,000.00 9.200 0.000
800619348 WASHINGTON SHERI R WA 104,550.00 9.750 0.000
800620957 THOMAS MICHELLE PA 52,000.00 13.400 0.000
800620981 OLIVERA MARIA RI 20,900.00 13.250 0.000
800624579 CHY VANNY NJ 50,000.00 11.650 0.000
800625121 MENDES DEBRA E NJ 130,000.00 11.150 0.000
800625998 DOWNIE YVETTE N NY 64,000.00 10.000 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 32 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800627937 BICE TONY B OH 81,000.00 11.100 0.000
800629354 JONNY HMAD S PA 39,900.00 11.200 0.000
800630089 SOOKLAL VISHWA NY 60,000.00 11.750 0.000
800631079 SANITATE VITO NV 26,500.00 9.650 0.000
800631855 YOSIFIDES JAMES NY 204,000.00 9.850 0.000
800631996 FAKE JONATHAN D PA 37,200.00 9.250 0.000
800632077 FAKE JONATHAN D PA 32,395.00 9.250 0.000
800635054 FERNANDES ORLANDO NY 60,000.00 12.250 0.000
800635864 GORDON JEFFREY S. UT 15,800.00 10.400 0.000
800636052 MELLNER JACOB G PA 75,239.00 12.400 0.000
800636821 MCCASKILL IDA MAE FL 15,200.00 14.000 0.000
800637118 MILLER GILBERT K MD 100,000.00 12.100 0.000
800638066 MASSINGALE GRACE H. WI 33,100.00 12.100 0.000
800639015 CRAIG BRIAN WA 80,000.00 11.600 0.000
800639387 GIENAPP RICKY L. CO 55,000.00 8.750 0.000
800639668 WILLIAMS NILS S. OH 68,000.00 12.100 0.000
800639783 HARGROVE ASTER OH 65,400.00 11.000 0.000
800640666 PEACOE GEORGE ANTHONY VA 15,000.00 10.650 0.000
800642811 ERNST ALBERT J NY 34,700.00 9.250 0.000
800642977 MCKINNEY LARRY M FL 46,800.00 10.400 0.000
800642985 MALONEY VANITA NY 182,025.00 9.600 0.000
800643579 DUNN NANCY E FL 91,000.00 9.000 0.000
800644239 DECOCINIS MAURO PA 87,750.00 10.650 0.000
800644486 HAWK, III HAROLD O. MN 43,250.00 11.100 0.000
800645798 RODRIGUEZ JUAN NY 126,700.00 10.950 0.000
800646572 GONZALEZ MANUEL FL 17,200.00 11.600 0.000
800647091 SIMMS SEBERT NY 154,800.00 9.000 0.000
800650624 WHITE TERRY L PA 15,200.00 11.950 0.000
800651226 ELIZONDO JR RODRIGO TX 172,550.00 10.850 0.000
800651531 JACKSON THEODORE OH 52,000.00 12.600 0.000
800651937 COBLE KEITH E PA 42,846.00 10.400 0.000
800652331 RAHMAAN JIMMY JAMAL NC 70,000.00 8.600 0.000
800652828 JORGENSON DEBORAH NY 44,700.00 8.750 0.000
800653909 JONES JEFFREY W CO 30,500.00 10.650 0.000
800655318 FLANAGAN ANN MARIE NY 28,560.00 10.900 0.000
800656456 SANNER EDWARD J FL 42,500.00 7.750 0.000
800656480 OPARSKI GENEVIEVE J NJ 31,000.00 11.800 0.000
800656696 URENA NORMANDIA B NY 162,350.00 9.150 0.000
800657058 BORMAN MICHAEL R FL 25,360.00 10.250 0.000
800657124 KILIC SELAHATTIN NJ 59,500.00 11.450 0.000
800658247 MCREE WILLIAM G. IN 32,000.00 9.850 0.000
800659047 CARROLL RALPH F WA 13,805.00 10.400 0.000
800659187 JAMESON BARRY J CO 40,250.00 9.750 0.000
800659401 SPEER GRANT W CA 17,000.00 11.100 0.000
800661043 ALEQUIN RAYMOND L NY 157,500.00 10.700 0.000
800661092 GARY E. NICOLE SC 35,955.00 10.650 0.000
800661704 LYNCH HELEN PATRICIA MD 23,300.00 10.900 0.000
800663189 WESTOVER WILLIAM MI 49,500.00 10.000 0.000
800664161 POPP EDWARD FL 28,500.00 8.400 0.000
800665697 FERNEYHOUGH CHRIS SC 63,000.00 11.400 0.000
800665762 WHITAKER MICHAEL FL 45,000.00 12.590 0.000
800665903 RUNYON JAMIE IN 102,800.00 12.100 0.000
800666596 DOUGHERTY RITA PA 35,200.00 8.650 0.000
800667305 WOODIN DORIS FL 37,000.00 9.150 0.000
800667933 SANZO JOHN CT 57,785.00 11.350 0.000
800668162 SHOAFF JR CHARLES PA 21,000.00 8.500 0.000
800670606 BALL GARY WAYNE MI 104,000.00 8.400 0.000
800671158 GIFFORD JAMES D FL 10,000.00 12.850 0.000
800672271 WOLF JAMES NC 32,000.00 9.600 0.000
800673410 MANZI PATRICIA NY 40,365.00 11.500 0.000
800673733 FRANCO SCOTT C PA 134,300.00 10.850 0.000
800673980 EVANS FRANK T. FL 74,490.00 8.150 0.000
800674087 GUILIANO MICHAEL J FL 49,000.00 11.350 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 33 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800674343 KOEPNICK ROBERT FL 88,000.00 7.990 0.000
800674392 PARSON VERNON FL 32,000.00 10.900 0.000
800675126 DEBELLO JASON A PA 63,180.00 10.150 0.000
800675878 COSTANZO MICHAEL R. FL 48,000.00 9.900 0.000
800676595 CONDER-DICKENS CAROLYN K. AZ 16,400.00 10.400 0.000
800676637 LAKE DANNING D NY 21,000.00 10.350 0.000
800676744 HALL RANDALL F UT 26,000.00 11.350 0.000
800676991 JOHNSON MARK PA 24,050.00 11.850 0.000
800679748 HOLMES ALBERT J FL 36,400.00 10.000 0.000
800680456 KELLY HERSCHEL M FL 59,500.00 9.000 0.000
800680951 MCZENO CARLOS A NY 78,000.00 10.400 0.000
800681157 KOSCIELECKI DANIEL W. MI 105,200.00 14.250 0.000
800681512 NIELSEN TIMOTHY J FL 16,400.00 11.350 0.000
800681819 ROSS DAVID J. MO 61,467.00 8.000 0.000
800682346 OETJEN DAVID H. MO 21,986.00 10.150 0.000
800683187 PARKINSON MICHAEL C FL 20,948.00 10.400 0.000
800684433 HARDIN HARRY DUFF NC 30,875.00 13.090 0.000
800684474 CROWTHERS NAOMI B FL 33,500.00 9.350 0.000
800684649 BUZBEE PHILLIP R. FL 45,000.00 7.900 0.000
800684664 STOUT JAMES G FL 17,000.00 8.000 0.000
800685109 JOHNSON JUDY IONIE RI 62,400.00 12.300 0.000
800685273 KOWALSKI KELLY J. FL 40,800.00 8.900 0.000
800685893 SWIATEK MARTIN CT 25,000.00 11.650 0.000
800686826 CSOBAN GEORGE NY 112,500.00 11.150 0.000
800687642 ZAMOSKY URSULA REGINA FL 66,400.00 8.100 0.000
800688269 WINTER RONALD H. FL 84,000.00 9.850 0.000
800688343 WILLIAMS JR GERALD MANUEL FL 46,750.00 9.900 0.000
800688392 SARKEES ALBERT G FL 55,200.00 7.500 0.000
800689143 MULLANEY JEFFREY MD 46,400.00 10.150 0.000
800689473 SCHUMACHER CLIFFORD E. FL 86,700.00 10.100 0.000
800690661 FISCHER JOHNNIE J FL 259,000.00 7.950 0.000
800691503 EMPEY DAVID G CO 30,000.00 11.350 0.000
800691743 BAKER WILLIAM H CO 73,800.00 10.350 0.000
800692618 COBO ANDREW I FL 68,000.00 8.250 0.000
800692758 KLEPPER NORMAN J FL 18,000.00 9.150 0.000
800693509 BOWERS EVELYN I PA 28,000.00 8.900 0.000
800694374 MORSE MITCHELL P VA 46,400.00 10.250 0.000
800695587 HAWLEY CRAIG S. WI 41,900.00 12.000 0.000
800697013 ADEOYE SUNDAY PA 32,396.00 12.850 0.000
800697526 DALTON KATHLEEN L VA 33,100.00 13.100 0.000
800697799 BROWN SR WALTER P PA 43,600.00 11.350 0.000
800697823 LEWANDOWSKI LINDA K. MI 56,000.00 10.000 0.000
800699233 WHITTINGTON ROBERT C ID 26,000.00 10.950 0.000
800699373 GABRIELSON SUSAN L PA 25,000.00 10.200 0.000
800700072 GILLILAND JOHN FL 22,000.00 11.100 0.000
800701146 RUSSELL WALTER J NM 10,469.00 11.250 0.000
800701187 BUTLER ANGELA L. FL 30,000.00 10.100 0.000
800701211 BICKERTON JAMES E MO 74,400.00 12.600 0.000
800702136 THOMAS SHELBY J GA 33,000.00 9.500 0.000
800703084 ADAMS ROYAL K MO 93,700.00 11.400 0.000
800703472 LICARI JR RONALD J PA 126,000.00 9.375 0.000
800703712 BATTLE MARTHA NY 227,800.00 8.500 0.000
800703746 LALL SOONDAR NY 133,000.00 10.950 0.000
800703845 CURTIS METTS B NC 27,000.00 12.000 0.000
800704314 FAIR JAMES R IN 106,200.00 9.650 0.000
800705683 KASICS GERALD S PA 14,000.00 13.350 0.000
800706400 KUNZ PATRICIA AMANDA UT 22,000.00 11.350 0.000
800707259 MAYFIELD JERRY D NC 57,800.00 12.550 0.000
800709636 DICKSON ALEX CT 82,300.00 12.500 0.000
800710303 GROVE TERRY L PA 67,150.00 9.950 0.000
800711038 JOHNSTON THOMAS A OH 18,000.00 8.650 0.000
800711061 ROBERTS ROBIN DE 100,700.00 11.350 0.000
800711384 GUTIERREZ LUIS NC 48,750.00 10.650 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 34 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800711392 CORBIN KELVIN NY 192,000.00 10.350 0.000
800711913 MADDOX GARCIA LEE NC 70,700.00 10.100 0.000
800712705 MOLLICA ANTHONY NY 28,000.00 14.500 0.000
800714040 EDWARDS ERMINE R NY 112,500.00 10.750 0.000
800714313 SKLAVOUNOS DIMITRIOS NJ 144,000.00 13.350 0.000
800714826 FAUNTLEROY THOMAS NJ 112,700.00 12.300 0.000
800714982 DANIELS ENOS NY 35,500.00 12.700 0.000
800715047 CASTILLO ADALBERTO NJ 101,250.00 11.300 0.000
800717605 NINNESS GARY A PA 45,665.00 10.250 0.000
800717696 HOWE PAUL J IN 143,700.00 10.650 0.000
800718157 JOSEPHS VALERIE NY 101,500.00 11.850 0.000
800718892 PHILBROOK PETER J FL 34,000.00 9.150 0.000
800719163 GOODWIN ALVIN L IN 30,000.00 11.375 0.000
800719213 BRAZIL STANLEY C OH 73,600.00 8.751 0.000
800719239 VINCENT JR JAMES R IN 59,600.00 11.250 0.000
800719288 THOMAS LORNA KATHLEEN IL 56,600.00 11.250 0.000
800719965 PSOMAS SPIROGIANIS NY 44,258.00 11.550 0.000
800720468 DOUGHERTY MICHAEL W OH 66,300.00 9.250 0.000
800720567 DOUGHERTY MICHAEL WAYNE OH 16,800.00 11.625 0.000
800720724 WAGNER CHARLES MD 19,600.00 12.750 0.000
800721011 CERES ROBERT RI 55,200.00 12.050 0.000
800721219 ALLOCCA HEDWIG NY 60,000.00 11.400 0.000
800722134 JESSUP QUENTIN NY 50,000.00 11.900 0.000
800722837 GUZZARDE JOHN R IL 57,800.00 11.525 0.000
800723132 WEISS WILLIAM EDWARD CA 45,500.00 11.750 0.000
800723348 WILLIAMS PEGGY J TN 44,300.00 11.500 0.000
800723355 DIXON FREDDIE L IN 17,000.00 11.750 0.000
800723363 NICELY MICHAEL WAYNE KY 65,000.00 11.750 0.000
800723371 THOMPSON SCOTT K WA 38,600.00 11.775 0.000
800724619 BUTTNER GEORGE J NY 40,000.00 12.500 0.000
800727976 RUSSELL REAH ROSANNE IN 21,600.00 10.875 0.000
800728172 KANE VICKIE A IL 101,200.00 10.901 0.000
5100007219 SISK P DAVID CA 120,000.00 10.100 0.000
5100014306 HARGENS KENNETH J OR 36,600.00 8.375 0.000
5100014447 FAUGNO RALPH CT 46,800.00 10.475 0.000
5100014538 DAVIDSON ALAN H OR 54,100.00 10.375 0.000
5100014546 HIBBERD WILLIAM E WA 48,600.00 12.350 0.000
5100014553 BOCHMAN JR ALBERT F MA 62,100.00 11.125 0.000
5100014587 PANECZKO PHYLLIS A CT 35,400.00 9.100 0.000
5100014645 WALLENTA THOMAS J CT 29,300.00 11.525 0.000
5100014652 GFELLER JANET S CA 82,600.00 9.875 0.000
5100014702 CHEN WEI HUA MA 62,200.00 11.500 0.000
5100014710 PORTER VIRGINIA M MA 17,396.00 12.975 0.000
5100014751 CARBAJAL HECTOR WA 52,600.00 10.875 0.000
5100014769 SMITH EDMOND R OK 53,500.00 11.725 0.000
5100014777 HERRICK SUSAN G WA 29,700.00 10.750 0.000
5100014785 HAAKENSON DONALD K ND 31,300.00 10.325 0.000
5100014793 BLAKE KEITH OR 18,100.00 12.625 0.000
5100014801 PFINGSTEN RICHARD A WA 19,692.00 11.725 0.000
5100014827 SITTON DANNY ROY OR 85,700.00 11.725 0.000
5100014835 MORKEN KENNETH E WA 130,400.00 9.600 0.000
5100014850 DAVILA SR H JAIME OR 73,290.00 11.490 0.000
5100014868 STEHR DARRELL L OK 42,200.00 10.125 0.000
5100014876 GOSHORN JR CARL A M OR 14,500.00 12.250 0.000
5100014884 ACCUARDI GIANNO OR 36,700.00 12.875 0.000
5100014918 PUETZ KAREN F ND 41,400.00 11.225 0.000
5100014975 AKINS RONALD D OR 13,600.00 11.850 0.000
5300002317 HERNANDEZ RICK J CA 42,800.00 10.375 0.000
5300003760 GATTERER THERESA E CA 38,000.00 11.875 0.000
5300003901 HALL MICHAEL C CA 289,000.00 11.740 0.000
5300003935 KWOCK PERRY CA 57,600.00 11.000 0.000
5400001136 TURNER JAMES E. MI 38,000.00 10.725 0.000
5400002571 TODD CURTIS E MI 31,100.00 11.475 0.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 35 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
5400003041 KYSER LARRY D MI 99,100.00 10.275 0.000
5400003074 SOLLOWAY CHARLES E MI 53,900.00 11.910 0.000
5400003090 PARENT BRYAN W MI 75,900.00 10.875 0.000
5400003108 TOVAR MARIAN K. MI 52,400.00 9.975 0.000
5400003116 HOLLAND LEROY MI 60,000.00 9.100 0.000
5400003124 SOIK LEONARD MI 22,203.00 11.150 0.000
5400003157 PARKS RICHARD H MI 26,600.00 9.750 0.000
5400003165 SCHAENDORF JEFFREY M. MI 90,300.00 11.375 0.000
5400003207 WILSON-RABIDOUX JENNIFER MI 28,248.00 14.160 0.000
5600000029 STEVENSON EVELYN L OH 22,500.00 10.875 0.000
5600000078 BARNASH THOMAS J IL 26,300.00 10.250 0.000
5600001258 DILLINGHAM KIM KY 98,800.00 9.375 0.000
5600001365 HANEY WILLIAM D OH 13,400.00 11.875 0.000
5600001548 BUSHBECK BRIAN A IL 78,700.00 10.250 0.000
5600001563 FEGETT CARL RODGER KY 46,700.00 8.875 0.000
5600001639 DEAL TERRENCE R IN 33,400.00 10.750 0.000
5600001670 WEDDLE TIMOTHY S 1 17,800.00 10.750 0.000
5600001696 WHITELEY JOHN C OH 67,000.00 9.750 0.000
5600001712 STRETCHBERRY SUSAN M IN 99,400.00 9.375 0.000
5600001738 CHAMPENY JEANINE L WI 40,900.00 11.000 0.000
5600001746 CLARK DEBRA IL 44,400.00 9.876 0.000
5600001795 KERLIN ROBERT A OH 41,668.00 12.375 0.000
5600001811 MAZUR JANET M IL 104,400.00 11.376 0.000
5600001951 MCINTOSH STANLEY OH 42,000.00 8.750 0.000
5600001969 SMITH WILLIAM C IN 22,500.00 13.500 0.000
5600001993 CLASPY JAMES HUBERT KY 39,500.00 11.375 0.000
5600002017 DRAKE MILDRED I OH 21,000.00 10.875 0.000
5600002033 BOARD WILLIAM G KY 53,300.00 11.775 0.000
5600002041 DILLMAN DOUGLAS L IN 54,800.00 10.126 0.000
5600002066 SHACKSON JAMES L OH 107,400.00 9.625 0.000
5600002082 YURCISIN ROBERT A KY 61,800.00 11.775 0.000
5600002108 HUTCHISON MAUREEN K OH 31,600.00 12.000 0.000
5600002140 WILLARD JOHN J IL 42,900.00 10.250 0.000
5600002181 MAY STEPHEN R OH 52,500.00 10.500 0.000
5600002199 FOOR CHARLES W IL 28,500.00 11.875 0.000
5600002207 JONES RONALD W KY 47,400.00 12.875 0.000
5700000440 LAPLANTE LARRY L CO 35,500.00 11.650 0.000
5700000846 VESSEY KATHY LOUISE AZ 58,975.00 10.275 0.000
5700000861 LAMPREY PATRICIA M CO 29,200.00 10.125 0.000
5700000879 MALLARD ALBERT K AZ 35,400.00 10.990 0.000
5700000887 BODDIE NELSON O CO 19,100.00 12.125 0.000
5700000903 ENDRES DONALD SCOTT CO 104,400.00 9.375 0.000
5700000929 KLEINWORTH WESLEY E AZ 81,300.00 10.750 0.000
5700000937 GREIN KENNETH G AZ 23,600.00 10.875 0.000
5700000952 GRAY JR JAMES C AZ 103,100.00 8.625 0.000
5700000960 NYGAARD LONELL R CO 13,000.00 10.625 0.000
5700000978 HELZER ELWIN L AZ 65,800.00 11.750 0.000
- --------------------------------------------------------------------------------------------------------
Fixed Rate Loans Set to Close 297 17,985,041.00
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 36 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
ARM LOANS SET TO CLOSE
- ----------------------
<S> <C> <C> <C> <C> <C>
106163242 AKADIRI MASSIA A. IL 46,750.00 9.250 5.500
106163289 BIENVENU, SR. GARY PAUL LA 72,000.00 10.125 6.500
106163601 FERRARO JOHN W. IL 160,000.00 9.125 5.250
106163694 CHAPMAN BRADLEY A CA 165,000.00 9.375 6.000
106163885 GIER GIBSON JILL P. IL 151,500.00 12.000 8.000
106163961 WRIGHT CAROL A. IL 103,200.00 12.250 8.000
106164011 GROOMS MICHAEL D IL 120,200.00 12.500 7.750
106164082 GALLIS LILLIAN B. IL 225,000.00 11.125 6.750
800548653 PHILLIPS FREDERICK NY 106,000.00 10.000 5.750
800565384 TEMPLETON DERIAN W. GA 86,700.00 11.625 8.125
800570558 CROOM DALTON R DE 98,100.00 9.875 6.250
800580227 FLORES RITA L NM 72,000.00 10.375 7.250
800588634 LOUGHLIN DONNA NJ 145,000.00 9.875 6.250
800599409 KUFRO RICHARD PA 114,750.00 11.000 7.300
800600843 COLELLA JOSEPH NJ 80,000.00 12.750 9.000
800601890 IBRAHIM FAHIMA S CT 123,300.00 10.125 6.500
800602625 MARSHALL MICHAEL PAUL NC 242,250.00 9.875 6.750
800603516 PINKSTON KERNEY FL 116,800.00 8.875 4.750
800608200 WILLIAMS MELANIE M OH 84,400.00 9.500 5.500
800611253 TUNIS MICHAEL J. IN 72,000.00 10.125 6.500
800612533 COHEN SYLVIA OH 21,600.00 11.500 7.500
800613457 FERNANDEZ NICETA NJ 52,000.00 12.500 9.500
800614919 WINCKLER ROBERT K CO 116,875.00 10.250 6.000
800615478 KRAUSE TOM NY 185,400.00 9.875 6.875
800615643 GERVASI ANTHONY J PA 100,800.00 9.375 6.250
800616492 SEBASTOPOLI JODI NY 144,500.00 10.500 7.125
800617037 HURT KEVIN L. OH 50,000.00 8.875 5.250
800619207 MAHUGTA MATTHEW J. WI 72,000.00 12.125 8.000
800619678 DARLINGTON DALE PA 55,250.00 10.000 6.250
800619777 PEREZ SEGUNDO NJ 62,000.00 11.250 8.000
800621328 LANE TIMOTHY E. WI 73,600.00 12.375 8.250
800621393 CHANDLER BRUCE IN 63,700.00 10.250 6.250
800622318 THOMPSON WILLIAM H. GA 71,100.00 10.125 7.300
800622722 REGO LINDA MA 137,700.00 10.625 6.750
800622888 LEONARD LEO T PA 66,500.00 11.000 6.750
800624868 SHOMR VALERIE M NY 107,525.00 10.750 7.500
800626566 WILKINS EDWARD R PA 81,225.00 11.625 7.750
800627184 STAGGERT JR MILES E PA 80,000.00 9.750 6.000
800627242 DRAKE ANNIE M IL 31,200.00 11.500 7.500
800630535 DORRIS, JR. THOMAS R. IN 34,400.00 10.875 6.750
800630683 ADAMS ANGELA R. IN 54,400.00 10.875 6.750
800634487 COLLIER SHIRLEY OH 40,000.00 8.875 5.750
800635922 HODGE TRACY OH 50,400.00 12.125 8.000
800636896 ALDRICH STEVEN PHILIP NV 98,600.00 10.625 6.750
800637563 SHAFER DAWN M NY 36,000.00 9.125 6.050
800638835 MCDONALD WILLIAM A. MI 415,500.00 9.125 6.050
800638900 ETIE CYNTHIA L. NV 108,000.00 9.625 6.250
800639684 SHELOR DAVID A OH 82,000.00 10.125 6.500
800640534 HORNE DAVID W CO 99,200.00 7.875 5.250
800644080 MALLEK KAMEL VA 180,400.00 8.750 5.500
800644114 GRABOWSKI ALBIN M PA 64,000.00 11.375 8.000
800646069 BURNS DANIEL KYLE NJ 129,000.00 9.625 6.000
800646747 SAYLOR ANNA M GA 301,750.00 10.375 0.000
800653685 ACCOMANDO ELENA NY 140,000.00 11.125 7.800
800654931 ANDRZEJEWSKI RONALD L. MI 144,500.00 11.375 7.000
800655953 JUNGBAER PETER PA 26,550.00 9.625 6.250
800656019 SMISL STEVEN V PA 104,000.00 11.250 8.000
800656415 UHLEY BRIAN ALAN MI 382,500.00 8.375 5.550
800659765 HETSKO GARY PA 48,750.00 11.500 7.900
800660292 SNYDER JR GERALD A PA 34,200.00 9.625 6.250
800661902 FERNANDEZ ANTONIO NJ 134,000.00 11.000 8.000
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 37 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800662702 BALOS TIMMY NY 87,000.00 10.625 7.050
800662710 MACWAN DAVID B NY 310,500.00 9.750 6.250
800663015 MARCANO MARIA PA 54,000.00 8.750 5.500
800663312 PFEIFFER RICHARD ALAN MN 120,700.00 11.750 7.625
800667925 ADDIE ROBIN OH 46,700.00 11.125 7.000
800668030 VICKERY ETHEL MI 70,000.00 6.750 3.500
800668659 SCARDUZIO MICHAEL B NJ 98,400.00 10.000 6.625
800670127 MILLER MICHAEL J PA 54,000.00 13.625 9.900
800671455 PALECKI CHRISTINA CT 122,400.00 10.875 7.500
800671729 ANGLETON ULRICH O IN 188,500.00 9.375 6.250
800672552 JACKSON HOWARD O OH 52,000.00 12.375 8.250
800672669 MCCOLLUM DARRELL L. MI 80,500.00 10.500 6.375
800673139 JELKS CURLEY M. OH 67,500.00 9.875 5.850
800673618 WOLFE EUGENE S PA 92,300.00 9.125 5.500
800675431 STUTO JO ANN E NY 38,400.00 11.750 8.375
800675597 INMAN DENNIS A NC 64,000.00 11.875 8.000
800675845 ORDONE WILLIE M NC 62,050.00 11.250 7.250
800677478 WHITLOCK ROSS CLAIR NC 77,850.00 9.125 6.250
800677502 MOONEY JOANNA S. MI 110,500.00 9.375 6.550
800678070 HILLS TONJA R NY 148,500.00 10.000 6.550
800678195 ALEKNA ROBERT PA 165,000.00 11.000 7.600
800679169 BAKER HOPA V. MA 153,000.00 9.625 6.250
800680910 KANE, JR. CHARLES W. NY 76,500.00 9.625 6.250
800681116 BITZBERGER MICHELLE L PA 142,700.00 9.750 6.250
800681249 DANT DARIN A. IN 68,000.00 10.500 6.250
800681603 MOYER FRANCIS J PA 88,650.00 9.375 6.250
800682114 MCCAFFERTY CHRISTINE M. MI 79,000.00 8.000 4.750
800682221 DEMARTINIS DONATO NJ 308,000.00 12.125 8.750
800683716 WILSON PATRICIA NY 138,000.00 12.625 9.000
800686396 ANDRETTA CHRISTINE A FL 52,000.00 9.625 6.550
800687600 DRUMMOND STEPHEN NJ 79,900.00 11.250 7.875
800688285 POA RICARDO M P GERMAN D PARDO VA 121,050.00 9.875 6.250
800688558 FASOIS JR NICHOLAS DE 122,400.00 9.750 6.625
800690414 POWELL DAVE E NY 230,400.00 9.875 6.875
800691560 WESTON BRUCE E OH 67,900.00 10.875 5.750
800691602 JOHNSON DEBRA L OH 66,000.00 12.875 9.000
800692485 HOOVER KENNETH PA 93,500.00 10.250 6.250
800692824 MENDOZA SCOTT MA 108,000.00 8.875 5.500
800693020 MELOCHE ANTHONY M. MI 90,000.00 10.000 6.250
800694804 SUTTON JOHN B. MI 69,000.00 9.250 6.050
800697534 MCWHITE STEVEN NJ 97,750.00 11.375 7.375
800698052 CLANTON CRAIG L IN 112,500.00 9.875 6.250
800698367 LINDBECK CONSTANCE G. FL 72,250.00 10.625 6.750
800702128 LUPA IRENA MI 197,200.00 11.500 7.875
800702235 GALENTINO THOMAS F NY 145,600.00 12.000 8.250
800702623 HIGGINS ALBERT R NJ 109,800.00 10.250 7.375
800702854 OLSEN DOUGLAS A NY 187,000.00 10.875 7.375
800703514 BROWN BOBBY D PA 93,500.00 8.750 5.000
800703688 MITCHELL JOHN E CO 120,000.00 8.625 5.000
800704017 WRAY BRENDA S GA 123,300.00 9.875 6.250
800704173 ALDIRAWI QUASSIM MI 60,000.00 9.625 6.125
800704298 HARRIS CECILA M NJ 104,000.00 13.000 9.400
800705816 BROWN MARK T NJ 564,000.00 9.000 5.300
800706087 COSNER PAUL L PA 105,000.00 12.250 8.375
800706640 THOMAS JEFFREY O PA 69,500.00 9.125 5.500
800706830 FRAWLEY KARL CT 202,400.00 10.750 6.750
800708299 MCLEISH ARCHIBALD NY 176,000.00 11.875 8.625
800714818 KING KENNETH P PA 63,200.00 13.000 9.125
800715591 MERLE ALBERT NY 144,500.00 11.500 7.375
800718140 MOTZ MELISSA ANNE FL 43,500.00 8.875 5.250
800718264 CURLEY JAMES M PA 154,700.00 10.875 7.750
800718637 BOWKER RICHARD A. FL 82,800.00 9.375 5.750
800718967 SANDS DWIGHT D GA 62,050.00 10.250 6.250
</TABLE>
<PAGE>
A L L I A N C E F U N D I N G Page 38 of 38
A division of Superior Bank FSB
Loans Funded and Available for Sale to 1998-1 as of 3/19/98
<TABLE>
<CAPTION>
Orig LSAMS Current Note
Account Accounts Name State Principal Rate Margin
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
800719171 DOCTOROFF GILBERT CO 256,000.00 8.875 5.500
800720534 CACCAMO DAVID W PA 147,700.00 10.000 6.250
800724122 MORGAN PATRICIA D GA 135,900.00 10.375 6.600
800725624 BALDWIN JULIE NY 108,000.00 9.500 6.625
- --------------------------------------------------------------------------------------------------------
ARM Loans Set to Close 128 14,669,025.00
</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 1998-1, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of March 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.
-2-
<PAGE>
Section 6. Successors and Assigns.
This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.
SUPERIOR BANK FSB
By: _______________________________
Name:
Title:
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES,
SERIES 1998-1
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.
-3-
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-1
ATTACHMENT A TO SUBSEQUENT TRANSFER
INSTRUMENT FOR GROUP 1
Series 1998-1
________, 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. April 1998 first payment date: _____ %
18. Deferred Payment Loans _____ %
<PAGE>
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-1
ATTACHMENT A TO SUBSEQUENT TRANSFER
INSTRUMENT FOR GROUP 2
Series 1998-1
________, 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. April 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 March 1, 1998 (the
"Pooling and Servicing Agreement"), between [Depositor] [Trustee]
and [Servicer], relating to AFC Mortgage Loan Asset Backed
Certificates, Series 1998-1
-----------------------------------------------------------------
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 1998-1", and "Group 2 Reserve
Account, Superior Bank FSB, in trust for the registered holders of AFC Mortgage
Loan Asset Backed Certificates, Series 1998-1", and (b) transfer on or before
June 24, 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: ___________________________
-2-
<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 Sub-Pool I and Sub-Pool II Mortgage Loans] [Section 2.10(d)
for Sub-Pool III and Sub-Pool IV Mortgage Loans] of the Pooling and
Servicing Agreement, dated as of March 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
-2-
<PAGE>
Apr
Loan Loan Borrower
ID Amt Name Document
-- --- ---- --------
0800022055 64,500.00 REATHA SNELL NOTE
0800072324 22,000.00 JOHN E HAAS NOTE
0800077034 189,000.00 JOSE ANTONIO YANES NOTE
0800085797 23,800.00 ROBERT G JUMP NOTE
0800097867 40,000.00 MARIO PETICCA NOTE
0800103350 89,250.00 MARIA MELENDEZ NOTE
0800124851 40,000.00 DEBORAH A HARDY NOTE
0800131211 137,600.00 KELLY PRICE ROLLE NOTE
0800139073 283,000.00 JOSEPH D GONZALEZ NOTE
0800149056 34,800.00 CHARLES J BALYOZIAN NOTE
0800178238 83,200.00 ENID JONES NOTE
0800233710 80,000.00 ROBERT VANALPHEN NOTE
0800234379 50,900.00 MARILYN KAYE NOTE
0800288342 95,200.00 FRANK CORMIER NOTE
0800307217 78,500.00 WILLIAM J PETROSKY NOTE
0800311730 24,100.00 JEFFREY E BARDIN NOTE
0800312571 35,000.00 ANGELO MARCECA NOTE
0800316671 54,000.00 JUDD JENNERJAHN NOTE
0800322554 34,000.00 MARJORIE L TALBOTT NOTE
0800334138 50,000.00 FRANK CONTE NOTE
0800342933 46,800.00 CATHERINE NORMAND NOTE
0800343121 50,000.00 ISAIAH THOMPSON NOTE
0800346314 164,000.00 DANIEL FELICIANO NOTE
0800349037 67,200.00 ADRIAN E GONZALEZ NOTE
0800352460 96,575.00 SOTIRIOUS STAVROPOULOS NOTE
0800373094 112,500.00 MERRY S WHITE NOTE
0800375818 175,500.00 DONALD FRANK INGEGNO NOTE
0800393787 40,000.00 PAUL CERASI NOTE
0800397887 105,200.00 ANNA LIPANI NOTE
0800557159 64,800.00 ALBERT L MATHEWS NOTE
0800634842 112,500.00 DORIS WRIGHT PEOPLES NOTE
5100004190 59,953.00 DOUGLAS CARLIN DOLPH NOTE
5400001094 15,700.00 YODER, EUGENE R NOTE
33 2,619,578.00
