SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
Amendment No. 1
(Mark One)
| x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the period from February 28, 1995(INCEPTION) to February 28, 1996
| | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File No.: 0-15483/33-75416
Ryland Mortgage Securities Corproation, Mortgage
Participation Securities, Series 1995-1
(Exact name of registrant as specified in its charter)
New York (governing law of pooling and servicing agreement)
State or other jurisdiction of incorporation or organization)
52-6737487
(I.R.S. Employer Identification No.)
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, MD 21044
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number, including area code (410) 884-2000
Securities registered pursuant to Section 12(b) of the Act: NONE
Securities registered pursuant to Section 12(g) of the Act: NONE
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No
This Amendment No. 1 on Form 10-K/A amends Item 14 of the original Annual Report
on Form 10-K (the "Original Form 10-K") filed on April 1, 1996, by Norwest Bank
Minnesota, N.A. (the "Reporting Person"), on behalf of Ryland Mortgage
Securities Corporation, Mortgage Participation Securities, Series 1995-1, (the
"Trust"), established pursuant to the Trust Agreement (the "Trust Agreement")
among Ryland Mortgage Securities Corporation, as Seller, (the "Seller"), Norwest
Bank Minnesota, N.A., as Securities Administrator, ( the "Securities
Administrator"), as successor to Ryland Mortgage Company, and Texas Commerce
Bank National Association, as Trustee (the "Trustee") pursuant to which Ryland
Mortgage Securities Corporation, Mortgage Participation Securities, Series
1995-1, the certificates registered under the Securities Act of 1933 (the
"Certificates") were issued. Item 14 of the Original Form 10-K is amended to
read in its entirety as follows:
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) Exhibits
99.1 Annual Report of Independent Public Accountants' as to master
servicing activities or servicing activities as applicable:
(a) No Exhibit will be attached as the holdings of the Trust are
restricted to securities only. The Annual Report of
Independent Public Accountants, and Management Assertion
Letter are inapplicable as a result.
99.2 Management Assertion Letter:
(a) No Exhibit will be attached as the holdings of the Trust are
restricted to securities only. The Annual Report of
Independent Public Accountants, and Management Assertion
Letter are inapplicable as a result.
99.3 Annual Statements of Compliance with obligations under the
Pooling Agreement or servicing agreement, as applicable, of:
(a) The Annual Statement of Compliance is not applicable for
1995.
(b) Omitted.
(c) Omitted.
(d) Omitted.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) 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:
Ryland Mortgage Securities Corporation, Series 1995-1,
Mortage Participation Securities
By: Norwest Bank Minnesota, N.A., (as successor to
Ryland Mortgage Securities Corporation),
as Securities Administrator
By: /s/ Sherri J. Sharps
By: Sherri J. Sharps
Title: Vice President
Dated: October 1, 1997
