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 August 25, 1997
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC. (as depositor under an Amended
and Restated Trust Agreement, dated as of August 28, 1997, and pursuant to which
an Indenture was entered into, providing for, inter alia, the issuance of Home
Equity Loan-Backed Term Notes, Series 1997-GMACM4)
Residential Funding Mortgage Securities II, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE 33-28025 41-1808858
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd.
Suite 600
Minneapolis, Minnesota 55437
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code, is (612) 832-7000
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
4.3 Servicing Agreement dated as of August 1, 1997 among GMAC Mortgage
Corporation, as master servicer, Residential Funding Corporation, as
Administrator, the Home Equity Loan Trust 1997-GMACM4, as Issuer and The Chase
Manhattan Bank, as indenture trustee.
4.4 Amended and Restated Trust Agreement dated as of August 28, 1997
between Residential Funding Mortgage Securities II, Inc., as depositor and
Wilmington Trust Company, as owner trustee.
4.5 Indenture dated as of August 28, 1997 between Home Equity
Loan Trust 1997-GMACM4, as issuer and The Chase Manhattan Bank, as indenture
trustee.
10.1 Designated Seller's Agreement dated as of August 1, 1997
by Residential Funding Mortgage Securities II, Inc., as purchaser and GMAC
Mortgage Corporation, as seller.
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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.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By: /s/ Diane S. Wold
Name: Diane S. Wold
Title: Vice President
Dated: August 25, 1997
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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.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By:
Name: Diane S. Wold
Title: Vice President
Dated: August 25, 1997
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EXHIBIT 4.3
GMAC MORTGAGE CORPORATION
as Master Servicer,
RESIDENTIAL FUNDING CORPORATION
as Administrator,
HOME EQUITY LOAN TRUST 1997-GMACM4,
as Issuer
and
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THE CHASE MANHATTAN BANK
as Indenture Trustee
----------------------
SERVICING AGREEMENT
Dated as of August 1, 1997
----------------------
Revolving Credit Loans
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TABLE OF CONTENTS
Page
ARTICLE I
Definitions
Section 1.01. Definitions.............................................. 1
-----------
Section 1.02. Other Definitional Provisions............................ 2
-----------------------------
Section 1.03. Interest Calculations.................................... 2
---------------------
ARTICLE II
Representations and Warranties
Section 2.01. Representations and Warranties Regarding the Master
Servicer............................................... 3
-------
Section 2.02. Representations and Warranties of the Issuer............4
--------------------------------------------
Section 2.03. Enforcement of Representations and Warranties...........4
---------------------------------------------
ARTICLE III
Administration and Servicing
of Revolving Credit Loans
Section 3.01. The Master Servicer....................................... 6
-------------------
Section 3.02. Collection of Certain Revolving Credit Loan Payments...... 8
----------------------------------------------------
Section 3.03. Withdrawals from the Custodial Account.................... 10
--------------------------------------
Section 3.04. Maintenance of Hazard Insurance; Property Protection
Expenses....................................................12
Section 3.05. Modification Agreements................................... 13
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Page
Section 3.06. Trust Estate; Related Documents.............................. 13
-------------------------------
Section 3.07. Realization Upon Defaulted Revolving Credit Loans............ 14
-------------------------------------------------
Section 3.08. Issuer and Indenture Trustee to Cooperate.................... 15
-----------------------------------------
Section 3.09. Servicing Compensation; Payment of Certain Expenses by
Master Servicer............................................ 16
Section 3.10. Annual Statement as to Compliance............................ 17
---------------------------------
Section 3.11. Annual Servicing Report...................................... 17
-----------------------
Section 3.12. Access to Certain Documentation and Information
Regarding the Revolving Credit Loans.......................... 17
Section 3.13. Maintenance of Certain Servicing Insurance Policies.......... 18
---------------------------------------------------
Section 3.14. Information Required by the Internal Revenue Service a
nd Reports of Foreclosures and Abandonments of Mortgaged
Property............................. 18
Section 3.15. Optional Repurchase of Defaulted Revolving Credit
Loans.....................................................18
Section 3.16. Recording of Assignments..................................... 18
ARTICLE IV
Servicing Certificate
Section 4.01Statements to Securityholders............................... 19
ARTICLE V
Payment Account
Section 5.01. Payment Account.............................. 21
---------------
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Page
ARTICLE VI
The Master Servicer
Section 6.01. Liability of the Master Servicer............................22
--------------------------------
Section 6.02. Merger or Consolidation of, or Assumption of the
------------------------------------------------
Obligations of, the Master Servicer....................... 22
Section 6.03. Limitation on Liability of the Master Servicer and
Others.................................................... 22
Section 6.04. Master Servicer Not to Resign...............................23
-----------------------------
Section 6.05. Delegation of Duties........................................23
--------------------
Section 6.06. Payment of Indenture Trustee's and Owner Trustee's Fe
ARTICLE VII
The Administrator
Section 7.01. Liability of the Administrator..............................26
------------------------------
Section 7.02. Merger or Consolidation of, or Assumption of the
------------------------------------------------
Obligations of, the Administrator.............................26
Section 7.03. Limitation on Liability of the Administrator and Others.....26
-------------------------------------------------------
Section 7.04. Administrator Not to Resign.................................27
---------------------------
Section 7.05. Initial Payment of Indenture Trustee's and Owner
Trustee's Fees and Expenses...................................27
Section 7.06. Administrator Undertakings with Respect to the Trust........27
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Page
ARTICLE VIII
Default
Section 8.01. Servicing Default.......................................... 28
-----------------
Section 8.02. Indenture Trustee to Act; Appointment of Successor......... 30
--------------------------------------------------
Section 8.03. Notification to Securityholders............................ 31
-------------------------------
RTICLE IX
Miscellaneous Provisions
Section 9.01 Amendment.................................................. 32
---------
SECTION 9.02 GOVERNING LAW.............................................. 32
-------------
Section 9.03 Notices.................................................... 32
-------
Section 9.04 Severability of Provisions................................. 32
--------------------------
Section 9.05 Third-Party Beneficiaries.................................. 33
-------------------------
Section 9.06 Counterparts............................................... 33
------------
Section 9.07 Effect of Headings and Table of Contents................... 33
----------------------------------------
Section 9.08 Termination Upon Purchase by the Master Servicer or
---------------------------------------------------
Liquidation of All Revolving Credit Loans; Partial
Redemption................................. 33
Section 9.09 Certain Matters Affecting the Indenture Trustee........... 34
Section 9.10 Owner Trustee Not Liable for Related Documents............ 34
EXHIBIT A - REVOLVING CREDIT LOAN SCHEDULE............................A-1
EXHIBIT B - POWER OF ATTORNEY.........................................B-1
EXHIBIT C - FORM OF REQUEST FOR RELEASE...............................D-1
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Page
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This Servicing Agreement, dated as of August 1, 1997, among
GMAC Mortgage Corporation (the "Master Servicer"), Residential Funding
Corporation, as administrator (the "Administrator"), the Home Equity Loan Trust
1997-GMACM4 (the "Issuer"), and The Chase Manhattan Bank (the "Indenture
Trustee"),
W I T N E S S E T H T H A T:
WHEREAS, pursuant to the terms of the Designated Seller's
Agreement, GM AC Mortgage Corporation will sell to the Depositor the Revolving
Credit Loans, together with the related Documents on the Closing Date, and
thereafter all Additional Balances created on or after the Cut-off Date;
WHEREAS, the Depositor will sell the Revolving Credit Loans
and all of its rights under the Designated Seller's Agreement to the Issuer,
together with the related Documents on the Closing Date, and thereafter all
Additional Balances created on or after the Cut-off Date;
WHEREAS, pursuant to the terms of the Trust Agreement, the
Issuer will issu e and transfer to or at the direction of the Depositor, the
Certificates;
WHEREAS, pursuant to the terms of the Indenture, the Issuer will issue and
transfer to or at the direction of the Depositor, the Notes;
WHEREAS, pursuant to the terms of this Servicing Agreement,
the Master Servicer will service the Revolving Credit Loans directly or through
one or more Subservicer s; and
WHEREAS, pursuant to the terms of this Servicing Agreement,
the Administrator will administer the Revolving Credit Loans;
NOW, THEREFORE, in consideration of the mutual covenants
herein containe d, the parties hereto agree as follows:
ARTICLE I
Definitions
Section 1.01. Definitions. For all purposes of this Servicing
Agreement, except as otherwise expressly provided herein or unless the context
otherwise requires, capitalized term s not otherwise defined herein shall have
the meanings assigned to such terms in the Definitio ns contained in Appendix A
to the Indenture dated August 28, 1997 (the "Indenture"), between Home Equity
Loan Trust 1997-GMACM4, as issuer, and The Chase Manhattan Bank, as indenture
trustee, which is incorporated by reference herein. All other capitalized terms
used herein shall have the meanings specified herein.
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Section 1.02. Other Definitional Provisions. (a) All terms defined in this
Servicing Agreement shall have the defined meanings when used in any certificate
or other document made or delivered pursuant hereto unless otherwise defined
therein.
(b) As used in this Servicing Agreement and in any certificate or other
document made or delivered pursuant hereto or thereto, accounting terms not
defined in this Servicing Agreement or in any such certificate or other
document, and accounting terms partly defined in this Servicing Agreement or in
any such certificate or other document, to the extent not defined, shall have
the respective meanings given to them under generally accepted accounting
principles. To the extent that the definitions of accounting terms in this
Servicing Agreement or in any such certificate or other document are
inconsistent with the meanings of such terms under generally accepted accounting
principles, the definitions contained in this Servicing Agreement or in any such
certificate or other document shall control.
(c) The words "hereof," "herein," "hereunder" and words of similar
import when used in this Servicing Agreement shall refer to this Servicing
Agreement as a whole and not to any particular provision of this Servicing
Agreement; Section and Exhibit references contained in this Servicing Agreement
are references to Sections and Exhibits in or to this Servicing Agreement unless
otherwise specified; and the term "including" shall mean "including without
limitation".
(d) The definitions contained in this Servicing Agreement are
applicable to the singular as well as the plural forms of such terms and to the
masculine as well as the feminine and neuter genders of such terms.
(e) Any agreement, instrument or statute defined or referred to herein
or in any instrument or certificate delivered in connection herewith means such
agreement, instrument or statute as from time to time amended, modified or
supplemented and includes (in the case of agreements or instruments) references
to all attachments thereto and instruments incorporated therein; references to a
Person are also to its permitted successors and assigns.
Section 1.03. Interest Calculations. All calculations of interest hereunder
that are made in respect of the Loan Balance of a Revolving Credit Loan shall be
made on a daily basis using
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a 365-day year. All calculations of interest on the Securities shall be made on
the basis of the actual number of days in an Interest Period and a year assumed
to consist of 360 days. The calculation of the Servicing Fee shall be made on
the basis of a 360-day year consisting of twelve 30-day months. All dollar
amounts calculated hereunder shall be rounded to the nearest penny with one-half
of one penny being rounded up.
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ARTICLE II
Representations and Warranties
Section 2.01. Representations and Warranties Regarding the Master
Servicer. The Master Servicer represents and warrants to the Issuer and for the
benefit of the Indenture Trustee, as pledgee of the Revolving Credit Loans, as
of the Cut-off Date:
(i) The Master Servicer is a corporation duly
organized, validly existing and in good standing under the laws of the
Commonwealth of Pennsylvania and has the corporate power to own its
assets and to transact the business in which it is currently engaged.
The Master Servicer is duly qualified to do business as a foreign
corporation and is in good standing in each jurisdiction in which the
character of the business transacted by it or properties owned or
leased by it requires such qualification and in which the failure to so
qualify would have a material adverse effect on the business,
properties, assets, or condition (financial or other) of the Master
Servicer;
(ii) The Master Servicer has the power and authority to
make, execute, deliver and perform this Servicing Agreement and all of
the transactions contemplated under this Servicing Agreement, and has
taken all necessary corporate action to authorize the execution,
delivery and performance of this Servicing Agreement;
(iii) The Master Servicer is not required to obtain the
consent of any other Person or any consent, license, approval or
authorization from, or registration or declaration with, any
governmental authority, bureau or agency in connection with the
execution, delivery, performance, validity or enforceability of this
Servicing Agreeme nt, except for such consent, license, approval or
authorization, or registration or declaration, as shall have been
obtained or filed, as the case may be;
(iv) The execution and delivery of this Servicing Agreement and the
performance of the transactions contemplated hereby by the Master Servicer will
not
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violate any material provision of any existing law or regulation or any
order or decree of any court applicable to the Master Servicer or any
provision of the Articles of Incorporation or Bylaws of the Master
Servicer, or constitute a material breach of any mortgage, indenture,
contract or other agreement to which the Master Servicer is a party or
by which the Master Servicer may be bound; and
(v) No litigation or administrative proceeding of or
before any court, tribunal or governmental body is currently pending,
or to the knowledge of the Maste r Servicer threatened, against the
Master Servicer or any of its properties or with respect to this
Servicing Agreement or the Securities which in the opinion of the
Master Servicer has a reasonable likelihood of resulting in a material
adverse effect on the transactions contemplated by this Servicing
Agreement.
The foregoing representations and warranties shall survive any
termination of the Mas ter Servicer hereunder.
Section 2.02. Representations and Warranties of the Issuer. The Issuer
hereby represents and warrants to the Master Servicer and for the benefit of the
Indenture Trustee, as pledgee of the Revolving Credit Loans, as of the Cut-off
Date:
(i) The Issuer is a business trust duly formed and in
good standing under the laws of the State of Delaware and has full
power, authority and legal right to execute and deliver this Servicing
Agreement and to perform its obligations under this Servicing
Agreement, and has taken all necessary action to authorize the
execution, delivery and performance by it of this Servicing Agreement;
and
(ii) The execution and delivery by the Issuer of this
Servicing Agreement and the performance by the Issuer of its
obligations under this Servicing Agreement will not violate any
provision of any law or regulation governing the Issuer or any order,
writ, judgment or decree of any court, arbitrator or governmental
authority or agency applicable to the Issuer or any of its assets. Such
execution, delivery, authentication and performance will not require
the authorization, consent or approval
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of, the giving of notice to, the filing or registration with, or the
taking of any other action with respect to, any governmental authority
or agency regulating the activities of limited liability companies.
Such execution, delivery, authentication and performance will not
conflict with, or result in a breach or violation of, any mortgage,
deed of trust, lease or other agreement or instrument to which the
Issuer is bound.
Section 2.03. Enforcement of Representations and Warranties. The Master
Servicer, on behalf of and subject to the direction of the Indenture Trustee, as
pledgee of the Revolving Credit Loans, or the Issuer, shall enforce the
representations and warranties of the Designated Seller pursuant to the
Designated Seller's Agreement. Upon the discovery by the Designated Seller, the
Depositor, the Master Servicer, the Indenture Trustee, the Credit Enhancer, the
Issuer, or any Custodian of a breach of any of the representations and
warranties made in the Designated Seller's Agreement, in respect of any
Revolving Credit Loan which materially and adversely affects the interests of
the Securityholders or the Credit Enhancer, the party discovering such breach
shall give prompt written notice to the other parties (any Custodian being so
obligated under a Custodial Agreement). The Master Servicer shall promptly
notify the Designated Seller of such breach and request that, pursuant to the
terms of the Designated Seller's Agreement, the Designated Seller either (i)
cure such breach in all material respects within 45 days (with respect to a
breach of the representations and warranties contained in Section 4.1(a) of the
Designated Seller's Agreement) or 90 days (with respect to a breach of the
representations and warranties contained in Section 4.1(b) of the Designated
Seller's Agreem ent) from the date the Designated Seller was notified of such
breach or (ii) purchase such Revolving Credit Loan from the Issuer at the price
and in the manner set forth in Section 4.1(b) of the Designated Seller's
Agreement; provided that the Designated Seller shall, subject to the conditions
set forth in the Designated Seller's Agreement, have the option to substitute an
Eligible Substitute Loan or Loans for such Revolving Credit Loan. In the event
that the Designated Seller elects to substitute one or more Eligible Substitute
Loans pursuant to Section 4.1(b) of the Designated Seller's Agreement, the
Designated Seller shall deliver to the Issuer with respect to such Eligible
Substitute Loans, the original Credit Line Agreement, the Mortgage, and such
other documents and agreements as are required by the Designated Seller's
Agreement. Payments due with respect to Eligible Substitute Loans in the month
of substitut ion shall not be transferred to the Issuer and will be retained by
the Master Servicer and remi
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tted by the Master Servicer to the Designated Seller on the next succeeding
Payment Date provided a payment at least equal to the applicable Minimum Monthly
Payment has been received by the Issuer for such month in respect of the
Revolving Credit Loan to be removed. The Master Servicer shall amend or cause to
be amended the Revolving Credit Loan Schedul e to reflect the removal of such
Revolving Credit Loan and the substitution of the Eligible Substitute Loans and
the Master Servicer shall promptly deliver the amended Revolving Credit Loan
Schedule to the Owner Trustee and Indenture Trustee.
It is understood and agreed that the obligation of the Designated
Seller to cure such breach or purchase or substitute for such Revolving Credit
Loan as to which such a breach has occurred and is continuing shall constitute
the sole remedy respecting such breach available to the Issuer and the Indenture
Trustee, as pledgee of the Revolving Credit Loans, against the Designated
Seller. In connection with the purchase of or substitution for any such
Revolving Credit Loan by the Designated Seller, the Issuer shall assign to the
Designated Seller all of its right, title and interest in respect of the
Designated Seller's Agreement applicable to such Revolving Credit Loan. Upon
receipt of the Repurchase Price, or upon completion of such substitution, the
Master Servicer shall notify the Custodian and then the Custodian shall deliv er
the Mortgage Files to the Master Servicer, together with all relevant
endorsements and assignments prepared by the Master Servicer which the Indenture
Trustee shall execute.
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ARTICLE III
Administration and Servicing
of Revolving Credit Loans
Section 3.01. The Master Servicer. (a) The Master Servicer shall
service and administer the Revolving Credit Loans in a manner generally
consistent with the terms of the Program Guide and in a manner consistent with
the terms of this Servicing Agreement and which shall be normal and usual in its
general mortgage servicing activities and shall have full power and authority,
acting alone or through a subservicer, to do any and all things in connection
with such servicing and administration which it may deem necessary or desirable,
it being understood, however, that the Master Servicer shall at all times remain
responsible to the Issuer and the Indenture Trustee, as pledgee of the Revolving
Credit Loans, for the performance of its duties and obligations hereunder in
accordance with the terms hereof and the Program Guide. Without limiting the
generality of the foregoing, the Master Servicer shall continue, and is hereby
authorized and empowered by the Issuer and the Indenture Trustee, as pledgee of
the Revolving Credit Loans, to execute and deliver, on behalf of itself, the
Issuer, the Indenture Trustee or any of them, any and all instruments of
satisfaction or cancellation, or of partial or full release or discharge and all
other comparable instruments with respect to the Revolving Credit Loans and with
respect to the Mortgaged Properties. The Issuer, the Indenture Trustee and the
Custodian, as applicable, shall furnish the Master Servicer with any powers of
attorney and other documents necessary or appropriate to enable the Master
Servicer to carry out its servicing and administrative duties hereunder. In
addition, the Master Servicer may, at its own discretion and on behalf of the
Indenture Trustee, obtain credit information in the form of a "credit score"
from a credit repository. On the Closing Date, the Indenture Trustee shall
deliver to the Master Servicer a limited power of attorney substantially in the
form of Exhibit B hereto.
If the Mortgage relating to a Revolving Credit Loan did not have a lien
senior to the Revolving Credit Loan on the related Mortgaged Property as of the
Cut-off Date, then the Master Servicer, in such capacity, may not consent to the
placing of a lien senior to that of the Mortgage on the related Mortgaged
Property. If the Mortgage relating to a Revolving Credit Loan had a lien senior
to the Revolving Credit Loan on the related Mortgaged Property as of
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the Cut-off Date, then the Master Servicer, in such capacity, may consent to the
refinancing of the prior senior lien; provided that (i) the resulting Combined
Loan-to-Value Ratio of such Revolving Credit Loan is no higher than the greater
of the Combined Loan-to-Value Ratio ("CLTV") prior to such refinancing or 70%
CLTV (or 80% CLTV for those borrowers with a FICO "credit score" of 720 or
greater) and (ii) the interest rate for the loan evidencing the refinanced
senior lien is no higher than the interest rate on the loan evidencing the
existing senior lien immediately prior to the date of such refinancing (meaning,
in the case of an adjustable rate loan, a substantially similar index and a
gross margin no higher than that of the existing senior lien); provided however
if the loan evidencing the existing senior lien prior to the date of refinancing
is an adjustable rate loan and the loan evidencing the refinanced senior lien is
a fixed rate loan, then the interest rate on the loan evidencing the refinanced
senior lien may be up to 2.0% higher than the then-current mortgage rate of the
loan evidencing the exis ting senior lien and (iii) the loan evidencing the
refinanced senior lien is not subject to negative amortization.
In connection with servicing the Revolving Credit Loans, the Master
Servicer may take reasonable actions to encourage or effect the termination of
Loan Agreements that have become dormant.
The relationship of the Master Servicer (and of any successor to the
Master Servicer as servicer under this Servicing Agreement) to the Issuer under
this Servicing Agreement is intended by the parties to be that of an independent
contractor and not that of a joint venturer, partner or agent.
(b) The Master Servicer may enter into Subservicing Agreements with
Subservicers for the servicing and administration of certain of the Revolving
Credit Loans. References in this Servicing Agreement to actions taken or to be
taken by the Master Servicer in servicing the Revolving Credit Loans include
actions taken or to be taken by a Subservicer on behalf of the Master Servicer
and any amount actually received by such Subservicer in respect of a Revolving
Credit Loan shall be deemed to have been received by the Master Servicer whether
or not actually received by the Master Servicer. Each Subservicing Agreement
will be upon such terms and conditions as are not inconsistent with this
Servicing Agreement and as the Master Servicer
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and the Subservicer have agreed. With the approval of the Master Servicer, a
Subservicer may delegate its servicing obligations to third-party servicers, but
such Subservicers will remain obligated under the related Subservicing
Agreements. The Master Servicer and the Subservicer may enter into amendments to
the related Subservicing Agreements; provided, however, that any such amendments
shall not cause the Revolving Credit Loans to be serviced in a manner that would
be materially inconsistent with the standards set forth in this Servicing
Agreement. The Master Servicer shall be entitled to terminate any Subservicing
Agreement in accordance with the terms and conditions thereof and without any
limitation by virtue of this Servicing Agreement; provided, however, that in the
event of termination of any Subservicing Agreement by the Master Servicer or the
Subservicer, the Master Servicer shall either act as servicer of the related
Revolving Credit Loan or enter into a Subservicing Agreement with a successor
Subservicer which will be bound by the terms of the related Subservicing
Agreement. The Master Servicer shall be entitled to enter into any agreement
with a Subservicer for indemnification of the Master Servicer and nothing
contained in this Servicing Agreement shall be deemed to limit or modify such
indemnification.
In the event that the rights, duties and obligations of the Master
Servicer are terminated hereunder, any successor to the Master Servicer in its
sole discretion may, to the extent permitted by applicable law, terminate the
existing Subservicing Agreement with any Subserv icer in accordance with the
terms of the applicable Subservicing Agreement or assume the terminated Master
Servicer's rights and obligations under such subservicing arrangements which
termination or assumption will not violate the terms of such arrangements.
As part of its servicing activities hereunder, the Master Servicer, for
the benefit of the Trust, the Credit Enhancer and the Securityholders, shall use
reasonable efforts to enforce the obligations of each Subservicer under the
related Subservicing Agreement, to the extent that the non-performance of any
such obligation would have a material adverse effect on a Revolving Credit Loan.
Such enforcement, including, without limitation, the legal prosecution of
claims, termination of Subservicing Agreements and the pursuit of other
appropriate remedies, shall be in such form and carried out to such an extent
and at such time as the Master Servicer, in its good faith business judgment,
would require were it the owner of the related Revolving Credit Loans. The
Master Servicer shall pay the costs of such enforcement at its own expense, and
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shall be reimbursed therefor only (i) from a general recovery resulting from
such enforcemen t to the extent, if any, that such recovery exceeds all amounts
due in respect of the related Revolving Credit Loan or (ii) from a specific
recovery of costs, expenses or attorneys fees against the party against whom
such enforcement is directed.
(c) Prior to the close of business on tenth calendar day of each month
in which the related Payment Date is to occur, the Master Servicer shall furnish
a statement to the Administrator, in writing and/or in a machine readable format
as the Administrator shall reasonably request setting forth all information
reasonably necessary to allow the Administrat or to perform the calculations for
the distributions contemplated by Section 5.01 and to prepare the report
pursuant to Section 4.01.
Section 3.02. Collection of Certain Revolving Credit Loan Payments. (a)
The Master Servicer shall make reasonable efforts to collect all payments called
for under the terms and provisions of the Revolving Credit Loans, and shall, to
the extent such procedures shall be consistent with this Servicing Agreement and
generally consistent with the Program Guide, follow such collection procedures
as shall be normal and usual in its general mortgage servicing activities.
Consistent with the foregoing, and without limiting the generality of the
foregoing, the Master Servicer may in its discretion (i) waive any late payment
charge, penalty interest or other fees which may be collected in the ordinary
course of servicing such Revolving Credit Loan and (ii) arrange with a Mortgagor
a schedule for the payment of principal and interest due and unpaid; provided
such arrangement is consistent with the Master Servicer's policies with respect
to home equity revolving credit loans; provided, further, that notwithstanding
such arrangement such Revolving Credit Loans will be included in the information
regarding delinquent Revolving Credit Loans set forth in the Servicing
Certificate. The Master Servicer may also extend the Due Date for payment due on
a Revolving Credit Loan in accordance with the Program Guide, provided, however,
that the Master Servicer shall first determine that any such waiver or extension
will not impair the coverage of any related insurance policy or materially
adversely affect the lien of the related Mortgage or the interests of the
Securityholders or the Credit Enhancer. Consistent with the terms of this
Servicing Agreement, the Master Servicer may also waive, modify or vary any term
of any Revolving Credit Loan (including reduce the Credit Limit with respect to
any Revolving Credit Loan) or consent to the
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postponement of strict compliance with any such term or in any manner grant
indulgence to any Mortgagor if in the Master Servicer's determination such
waiver, modification, postponement or indulgence is not materially adverse to
the interests of the Securityholders or the Credit Enhancer, provided, however,
that the Master Servicer may not modify or permit any Subservicer to modify any
Revolving Credit Loan (including without limitation any modification that would
change the Loan Rate, forgive the payment of any principal or interest (unless
in connection with the liquidation of the related Revolving Credit Loan) or
extend the final mat urity date of such Revolving Credit Loan) unless such
Revolving Credit Loan is in default or, in the judgment of the Master Servicer,
such default is reasonably foreseeable. In addition, if a Revolving Credit Loan
is in default or, in the judgment of the Master Servicer, such default is
reasonably foreseeable, the Master Servicer may, through modification, convert
such Revolving Credit Loan to a fully amortizing closed-end loan.
Notwithstanding the foregoing, the Master Servicer (i) in its sole discretion
may permit the Mortgagor (or may enter into a modification agreement which will
allow the Mortgagor) to make monthly payments, with respect to any Billing Cycle
during the related Draw Period, in a minimum amount that will be equal to the
related finance charge for such Billing Cycle and (ii) may reduce the amount of
the Credit Limit (to an amount no less than the then current Principal Balance
of such Revolving Credit Loan) in connection with any refinancing of a senior
lien pursuant to the second paragraph of Section 3.01(a) of this Agreement.
(b) The Master Servicer shall establish a Custodial Account, which
shall be an Eligible Account in which the Master Servicer shall deposit or cause
to be deposited any amounts representing payments and collections in respect of
the Revolving Credit Loans received by it subsequent to the Cut-off Date (other
than in respect of the payments referred to in the following paragraph) within
one Business Day following receipt thereof (or otherwise on or prior to the
Closing Date), including the following payments and collections received or made
by it (without duplication):
(i) all payments of principal of or interest on the
Revolving Credit Loans received by the Master Servicer from the
respective Subservicer, net of any portion of the interest thereof
retained by the Subservicer as subservicing fees;
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(ii) the aggregate Repurchase Price of the Revolving Credit Loans purchased
by the Master Servicer pursuant to Section 3.15;
(iii) Net Liquidation Proceeds net of any related Foreclosure Profit;
(iv) all proceeds of any Revolving Credit Loans
repurchased by the Designated Seller pursuant to the Designated
Seller's Agreement, and all Substitution Adjustment Amounts required to
be deposited in connection with the substitution of an Eligible
Substitute Loan pursuant to the Designated Seller's Agreement;
(v) insurance proceeds, other than Net Liquidation Proceeds, resulti ng
from any insurance policy maintained on a Mortgaged Property; and
(vi) amounts required to be paid by the Master Servicer pursuant to Section
8.08.
provided, however, that with respect to each Collection Period, the Master
Servicer shall be permitted to retain from payments in respect of interest on
the Revolving Credit Loans, the Master Servicing Fee for such Collection Period.
The foregoing requirements respecting deposits to the Custodial Account are
exclusive, it being understood that, without limiting the generality of the
foregoing, the Master Servicer need not deposit in the Custodial Account amounts
representing Foreclosure Profits, fees (including annual fees) or late charge
penalties, payable by Mortgagors, or amounts received by the Master Servicer for
the accounts of Mortgagors for application towards the payment of taxes,
insurance premiums, assessments and similar items. In the event any amount not
required to be deposited in the Custodial Account is so deposited, the Master
Servicer may at any time withdraw such amount from the Custodial Account, any
provision herein to the contrary notwithstanding. The Custodial Account may
contain funds that belong to one or more trust funds created for the notes or
certificates of other series and may contain other funds respecting payments on
revolving credit loans or other mortgage loans belonging to the Master Servicer
or serviced or master serviced by it on behalf of others. Notwithstanding such
commingling of funds, the Master Servicer shall keep records that accurately
reflect the funds on deposit in the Custodial Account that have been identified
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by it as being attributable to the Revolving Credit Loans and shall hold all
collections in the Custodial Account to the extent they represent collections on
the Revolving Credit Loans for the benefit of the Trust, the Credit Enhancer and
the Securityholders and the Indenture Trustee, as their interests may appear.
The Master Servicer shall retain all Foreclosure Profits as additional servicing
compensation.
The Master Servicer may cause the institution maintaining the Custodial
Account to invest any funds in the Custodial Account in Permitted Investments
(including obligations of the Master Servicer or any of its Affiliates, if such
obligations otherwise qualify as Permitted Investments), which shall mature not
later than the Business Day next preceding the Payment Date and shall not be
sold or disposed of prior to its maturity. Except as provided above, all income
and gain realized from any such investment shall inure to the benefit of the
Master Servicer and shall be subject to its withdrawal or order from time to
time. The amount of any losses incurred in respect of the principal amount of
any such investments shall be deposited in the Custodial Account by the Master
Servicer out of its own funds immediately as realized.
(c) The Master Servicer will require each Subservicer to hold all funds
constituting collections on the Revolving Credit Loans, pending remittance
thereof to the Master Servicer, in one or more accounts meeting the requirements
of an Eligible Account, and invested in Permitted Investments, unless, all such
collections are remitted on a daily basis to the Master Servicer for deposit
into the Custodial Account.
Section 3.03. Withdrawals from the Custodial Account. The Master
Servicer shall, from time to time as provided herein, make withdrawals from the
Custodial Account of amounts on deposit therein pursuant to Section 3.02 that
are attributable to the Revolving Credit Loans for the following purposes:
(i) to deposit in the Payment Account, on the Business
Day prior to each Payment Date, an amount equal to the Interest
Collections and Principal Collections required to be distributed on
such Payment Date;
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(ii) prior to either an Amortization Event or the
Collection Period preceding the end of the Revolving Period, to pay to
the Designated Seller, the amount of any Additional Balances as and
when created during the related Collection Period, provided, that the
aggregate amount so paid to the Designated Seller in respect of
Additional Balances at any time during any Collection Period shall not
exceed the am ount of Principal Collections theretofore received for
such Collection Period;
(iii) to the extent deposited to the Custodial Account,
to reimburse itself or the related Subservicer for previously
unreimbursed expenses incurred in maintaining individual insurance
policies pursuant to Section 3.04, or Liquidation Expenses, paid
pursuant to Section 3.07 or otherwise reimbursable pursuant to the
terms of this Servicing Agreement (to the extent not payable pursuant
to Section 3.09), such withdrawal right being limited to amounts
received on particular Revolving Credit Loans (other than any
Repurchase Price in respect thereof) which represent late recoveries of
the payments for which such advances were made, or from related
Liquidation Proceeds or the proceeds of the purchase of such Revolving
Credit Loan;
(iv) to pay to itself out of each payment received on
account of interest on a Revolving Credit Loan as contemplated by
Section 3.09, an amount equal to the related Master Servicing Fee (to
the extent not retained pursuant to Section 3.02), and to pay to any
Subservicer any Subservicing Fees not previously withheld by the
Subservicer;
(v) to the extent deposited in the Custodial Account to
pay to itself as additional servicing compensation any interest or
investment income earned on funds deposited in the Custodial Account
and Payment Account that it is entitled to withdraw pursuant to
Sections 3.02(b) and 5.01;
(vi) to the extent deposited in the Custodial Account, to pay to itself as
additional servicing compensation any Foreclosure Profits (to the extent
permitted by law);
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(vii) to pay to itself or the Designated Seller, with
respect to any Revolving Credit Loan or property acquired in respect
thereof that has been purchased or otherwise transferred to the
Designated Seller, the Master Servicer or other entity, all amounts
received thereon and not required to be distributed to Securityholders
as of the date on which the related Purchase Price or Repurchase Price
is determined;
(viii) to withdraw any other amount deposited in the Custodial Account that
was not required to be deposited therein pursuant to Section 3.02;
(ix) to pay the Administrator, on the Business Day before each Paym ent
Date, an amount equal to the Administrator Fee for the prior calendar month; and
(x) after the occurrence of an Amortization Event, to pay to the Designated
Seller, the Excluded Amount for each Revolving Credit Loan.
Since, in connection with withdrawals pursuant to clauses (iii), (iv), (vi) and
(vii), the Master Servicer's entitlement thereto is limited to collections or
other recoveries on the related Revolving Credit Loan, the Master Servicer shall
keep and maintain separate accounting, on a Revolving Credit Loan by Revolving
Credit Loan basis, for the purpose of justifying any withdrawal from the
Custodial Account pursuant to such clauses. Notwithstanding any other provision
of this Servicing Agreement, the Master Servicer shall be entitled to reimburse
itsel f for any previously unreimbursed expenses incurred pursuant to Section
3.07 or otherwise reimbursable pursuant to the terms of this Servicing Agreement
that the Master Servicer determines to be otherwise nonrecoverable (except with
respect to any Revolving Credit Loan as to which the Repurchase Price has been
paid), by withdrawal from the Custodial Account of amounts on deposit therein
attributable to the Revolving Credit Loans on any Business Day prior to the
Payment Date succeeding the date of such determination.
Section 3.04. Maintenance of Hazard Insurance; Property Protection
Expenses. To the extent permitted under the related Credit Line Agreement and
Mortgage, and to the extent the Master Servicer receives notice that a hazard
insurance policy has been cancelled, the Master Servicer shall cause to be
maintained for each Revolving Credit Loan hazard insurance naming
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the Master Servicer or related Subservicer as loss payee thereunder providing
extended coverage in an amount which is at least equal to the lesser of (i) the
maximum insurable value of the improvements securing such Revolving Credit Loan
from time to time or (ii) the combined principal balance owing on such Revolving
Credit Loan and any mortgage loan senior to such Revolving Credit Loan from time
to time; provided, however, that such coverage may not be less than the minimum
amount required to fully compensate for any loss or damage on a replacement cost
basis. The Master Servicer shall use its best efforts to monitor that hazard
insurance is maintained as described in the previous sentence in the same manner
as it would for revolving credit home equity loans in its own portfolio. The
Master Servicer shall also cause to be maintained on property acquired upon
foreclosure, or deed in lieu of foreclosure, of any Revolving Credit Loan, fire
insurance with extended coverage in an amount which is at least equal to the
amount necessary to avoid the application of any co-insurance clause contained
in the related hazard insurance policy. Amounts collected by the Master Servicer
under any such policies (other than amounts to be applied to the restoration or
repair of the related Mortgaged Property or property thus acquired or amounts
released to the Mortgagor in accordance with the Master Servicer's normal
servicing procedures) shall be deposited in the Custodial Account to the extent
called for by Section 3.02. In cases in which any Mortgaged Property is located
at any time during the life of a Revolving Credit Loan in a federally designated
flood area, to the extent permitted under the related Credit Line Agreement and
Mortgage, and to the extent the Master Servicer receives notice that the related
flood insurance has been cancelled. All such flood insurance shall be in amounts
equal to the lesser of (i) the amount required to compensate for any loss or
damage to the Mortgaged Property on a replacement cost basis and (ii) the
maximum amount of such insurance available for the related Mortgaged Property
under the national flood insurance program (assuming that the area in which such
Mortgaged Property is located is participating in such program). The Master
Servicer shall use its best efforts to monitor such flood insurance as described
in the previous sentence in the same manner as it would for revolving credit
home equity loans in its own portfolio. The Master Servicer shall be under no
obligation to require that any Mortgagor maintain earthquake or other additional
insurance and shall be under no obligation itself to maintain any such
additional insurance on property acquired in respect of a Revolving Credit Loan,
other than pursuant to such applicable laws and regulations as shall at any time
be in force and as shall require such additional insurance. If the Master
Servicer shall obtain and maintain a blanket policy consistent with its
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general mortgage servicing activities insuring against hazard losses on all of
the Revolving Credit Loans, it shall conclusively be deemed to have satisfied
its obligations as set forth in the first sentence of this Section 3.04, it
being understood and agreed that such policy may contain a deductible clause, in
which case the Master Servicer shall, in the event that there shall not have
been maintained on the related Mortgaged Property a policy complying with the
first sentence of this Section 3.04 and there shall have been a loss which would
have been covered by such policy, deposit in the Custodial Account the amount
not otherwise payable under the blanket policy because of such deductible
clause. Any such deposit by the Master Servicer shall be made on the last
Business Day of the Collection Period in the month in which payments under any
such policy would have been deposited in the Custodial Account. In connection
with its activities as servicer of the Revolving Credit Loans, the Master
Servicer agrees to present, on behalf of itself, the Issuer and the Indenture
Trustee, claims under any such blanket policy.
Section 3.05. Modification Agreements. The Master Servicer or the
related Subservicer, as the case may be, shall be entitled to (A) execute
assumption agreements, substitution agreements, and instruments of satisfaction
or cancellation or of partial or full release or discharge, or any other
document contemplated by this Servicing Agreement and other comparable
instruments with respect to the Revolving Credit Loans and with respect to the
Mortgaged Properties subject to the Mortgages (and the Issuer and the Indenture
Trustee each shall promptly execute any such documents on request of the Master
Servicer) and (B) approve the granting of an easement thereon in favor of
another Person, any alteration or demolition of the related Mortgaged Property
or other similar matters, if it has determined, exercising its good faith
business judgment in the same manner as it would if it were the owner of the
related Revolving Credit Loan, that the security for, and the timely and full
collectability of, such Revolving Credit Loan would not be adversely affected
thereby. A partial release pursuant to this Section 3.05 shall be permitted only
if the Combined Loan-to-Value Ratio for such Revolving Credit Loan after such
partial release does not exceed the Combined Loan-to-Valu e Ratio for such
Revolving Credit Loan as of the Cut-off Date. Any fee collected by the Master
Servicer or the related Subservicer for processing such request will be retained
by the Master Servicer or such Subservicer as additional servicing compensation.
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Section 3.06. Trust Estate; Related Documents. (a) When required by the
provisions of this Servicing Agreement, the Issuer or the Indenture Trustee
shall execute instruments to release property from the terms of the Trust
Agreement, Indenture or Custodial Agreement, as applicable, or convey the
Issuer's or the Indenture Trustee's interest in the same, in a manner and under
circumstances which are not inconsistent with the provisions of this Servicing
Agreement. No party relying upon an instrument executed by the Issuer or the
Indenture Trustee as provided in this Section 3.06 shall be bound to ascertain
the Issuer's or the Indenture Trustee's authority, inquire into the satisfaction
of any conditions precedent or see to the application of any moneys.
(b) If from time to time the Master Servicer shall deliver to the
Custodian copies of any written assurance, assumption agreement or substitution
agreement or other similar agreement pursuant to Section 3.05, the Custodian
shall check that each of such documents purports to be an original executed copy
(or a copy of the original executed document if the original executed copy has
been submitted for recording and has not yet been returned) and, if so, shall
file such documents, and upon receipt of the original executed copy from the
applicable recording office or receipt of a copy thereof certified by the
applicable recording office shall file such originals or certified copies with
the Related Documents. If any such documents submitted by the Master Servicer do
not meet the above qualifications, such documents shall promptly be returned by
the Custodian to the Master Servicer, with a direction to the Master Servicer to
forward the correct documentation.
(c) Upon receipt of a Request for Release from the Master Servicer,
substantially in the form of Exhibit C to the effect that a Revolving Credit
Loan has been the subject of a final payment or a prepayment in full and the
related Revolving Credit Loan has been terminated or that substantially all
Liquidation Proceeds which have been determined by the Master Servicer in its
reasonable judgment to be finally recoverable have been recovered, and upon
deposit to the Custodial Account of such final monthly payment, prepayment in
full together with accrued and unpaid interest to the date of such payment with
respect to such Revolving Credit Loan or, if applicable, Liquidation Proceeds,
the Custodian shall promptly release the Related Documents to the Master
Servicer, which the Indenture Trustee shall execute, along with such documents
as the Master Servicer or the Mortgagor may request to evidence satisfaction and
discharge of
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such Revolving Credit Loan, upon request of the Master Servicer. If from time to
time and as appropriate for the servicing or foreclosure of any Revolving Credit
Loan, the Master Servicer requests the Custodian to release the Related
Documents and delivers to the Custodian a trust receipt reasonably satisfactory
to the Custodian and signed by a Responsible Officer of the Master Servicer, the
Custodian shall release the Related Documents to the Master Servicer. If such
Revolving Credit Loans shall be liquidated and the Custodian receives a
certificate from the Master Servicer as provided above, then, upon request of
the Master Servicer, the Custodian shall release the trust receipt to the Master
Servicer.
Section 3.07. Realization Upon Defaulted Revolving Credit Loans. With
respect to such of the Revolving Credit Loans as come into and continue in
default, the Master Servicer will decide whether to (i) foreclose upon the
Mortgaged Properties securing such Revolving Credit Loans, (ii) write off the
unpaid principal balance of the Revolving Credit Loans as bad debt, (iii) take a
deed in lieu of foreclosure, (iv) accept a short sale, (v) arrange for a
repayment plan, (vi) agree to a modification in accordance with this Servicing
Agreement, or (vii) take an unsecur ed note in each case subject to the rights
of any related first lien holder; provided that in connection with the foregoing
if the Master Servicer has actual knowledge that any Mortgaged Property is
affected by hazardous or toxic wastes or substances and that the acquisition of
such Mortgaged Property would not be commercially reasonable, then the Master
Servicer will not cause the Issuer or the Indenture Trustee to acquire title to
such Mortgaged Property in a foreclosure or similar proceeding. In connection
with such decision, the Master Servicer shall follow such practices (including,
in the case of any default on a related senior mortgage loan, the advancing of
funds to correct such default if deemed to be appropriate by the Master
Servicer) and procedures as it shall deem necessary or advisable and as shall be
normal and usual in its general mortgage servicing activities and as shall be
required or permitted by the Program Guide; provided that the Master Servicer
shall not be liable in any respect hereunder if the Master Servicer is acting in
connection with any such foreclosure or attempted foreclos ure which is not
completed or other conversion in a manner that is consistent with the provisions
of this Servicing Agreement. The foregoing is subject to the proviso that the
Master Servicer shall not be required to expend its own funds in connection with
any foreclosure or attempted foreclosure which is not completed or towards the
correction of any default on a related senior mortgage loan or restoration of
any property unless it shall determine that such expenditure will
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increase Net Liquidation Proceeds. In the event of a determination by the Master
Servicer that any such expenditure previously made pursuant to this Section 3.07
will not be reimbursable from Net Liquidation Proceeds, the Master Servicer
shall be entitled to reimbursement of its funds so expended pursuant to Section
3.03.
Notwithstanding any provision of this Servicing Agreement, a Revolving
Credit Loan may be deemed to be finally liquidated if substantially all amounts
expected by the Master Servicer to be received in connection with the related
defaulted Revolving Credit Loan have been received; provided, however, any
subsequent collections with respect to any such Revolving Credit Loan shall be
deposited to the Custodial Account. For purposes of determining the amount of
any Liquidation Proceeds or Insurance Proceeds, or other unscheduled
collections, the Master Servicer may take into account minimal amounts of
additional receipts expected to be received or any estimated additional
liquidation expenses expected to be incurred in connection with the related
defaulted Revolving Credit Loan.
In the event that title to any Mortgaged Property is acquired in
foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale
shall be issued to the Indenture Trustee, who shall hold the same on behalf of
the Issuer in accordance with Section 3.13 of the Indenture. Notwithstanding any
such acquisition of title and cancellation of the related Revolving Credit Loan,
such Mortgaged Property shall (except as otherwise expressly provided herein) be
considered to be an outstanding Revolving Credit Loan held as an asset of the
Issuer until such time as such property shall be sold. Consistent with the
foregoing for purposes of all calculations hereunder, so long as such Mortgaged
Property shall be considered to be an outstanding Revolving Credit Loan it shall
be assumed that, notwithstanding that the indebtedness evidenced by the related
Credit Line Agreement shall have been discharged, such Credit Line Agreement in
effect at the time of any such acquisition of title before any adjustment
thereto by reason of any bankruptcy or similar proceeding or any moratorium or
similar waiver or grace period will remain in effect.
Any proceeds from foreclosure proceedings or the purchase or repurchase
of any Revolving Credit Loan pursuant to the terms of this Servicing Agreement,
as well as any recovery resulting from a collection of Liquidation Proceeds or
Insurance Proceeds, will be
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applied in the following order of priority: first, to reimburse the Master
Servicer or the related Subservicer in accordance with this Section 3.07;
second, to the Master Servicer or the related Subservicer, all Servicing Fees
payable therefrom; third, to the extent of accrued and unpaid interest on the
related Revolving Credit Loan, at the Net Loan Rate to the Payment Date on which
such amounts are to be deposited in the Payment Account; fourth, as a recovery
of principal on the Revolving Credit Loan; and fifth, to Foreclosure Profits.
Section 3.08. Issuer and Indenture Trustee to Cooperate. On or before
each Payment Date, the Master Servicer will notify the Administrator, and the
Indenture Trustee or the Custodian, with a copy to the Issuer, of the
termination of or the payment in full and the termination of any Revolving
Credit Loan during the preceding Collection Period. Upon receipt of payment in
full, the Master Servicer is authorized to execute, pursuant to the
authorization contained in Section 3.01, if the assignments of Mortgage have
been recorded if required under the Designated Seller's Agreement, an instrument
of satisfaction regarding the related Mortgage, which instrument of satisfaction
shall be recorded by the Master Servicer if required by applicable law and be
delivered to the Person entitled thereto. It is understood and agreed that any
expenses incurred in connection with such instrument of satisfaction or transfer
shall be reimbursed from amounts deposited in the Custodial Account. From time
to time and as appropriate for the servicing or foreclosure of any Revolving
Credit Loan, the Indenture Trustee or the Custodian shall, upon request of the
Master Servicer and delivery to the Indenture Trustee or Custodian, with a copy
to the Issuer, of a Request for Release, in the form annexed hereto as Exhibit
C, signed by a Servicing Officer, release or cause to be released the related
Mortgage File to the Master Servicer and the Issuer or Indenture Trustee shall
promptly execute such documents, in the forms provided by the Master Servicer,
as shall be necessary for the prosecution of any such proceedings or the taking
of other servicing actions. Such trust receipt shall obligate the Master
Servicer to return the Mortgage File to the Indenture Trustee or the Custodian
(as specified in such receipt) when the need therefor by the Master Servicer no
longer exists unless the Revolving Credit Loan shall be liquidated, in which
case, upon receipt of a certificate of a Servicing Officer similar to that
hereinabove specified, the trust receipt shall be released to the Master
Servicer.
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In order to facilitate the foreclosure of the Mortgage securing any
Revolving Credit Loan that is in default following recordation of the
assignments of Mortgage in accordance with the provisions of the Designated
Seller's Agreement, the Indenture Trustee or the Issuer shall, if so requested
in writing by the Master Servicer, promptly execute an appropriate assignment in
the form provided by the Master Servicer to assign such Revolving Credit Loan
for the purpose of collection to the Master Servicer (any such assignment shall
unambiguously indicate that the assignment is for the purpose of collection
only), and, upon such assignment, such assignee for collection will thereupon
bring all required actions in its own name and otherwise enforce the terms of
the Revolving Credit Loan and deposit or credit the Net Liquidation Proceeds,
exclusive of Foreclosure Profits, received with respect thereto in the Custodial
Account. In the event that all delinquent payments due under any such Revolving
Credit Loan are paid by the Mortgagor and any other defaults are cured, then the
assignee for collection shall promptly reassign such Revolving Credit Loan to
the Indenture Trustee and return all Related Docume nts to the place where the
related Mortgage File was being maintained.
In connection with the Issuer's obligation to cooperate as provided in
this Section 3.08 and all other provisions of this Servicing Agreement requiring
the Issuer to authorize or permit any actions to be taken with respect to the
Revolving Credit Loans, the Indenture Trustee, as pledgee of the Revolving
Credit Loans and as assignee of record of the Revolving Credit Loa ns on behalf
of the Issuer pursuant to Section 3.13 of the Indenture, expressly agrees, on
beh alf of the Issuer, to take all such actions on behalf of the Issuer and to
promptly execute and return all instruments reasonably required by the Master
Servicer in connection therewith; provided that if the Master Servicer shall
request a signature of the Indenture Trustee, on beh alf of the Issuer, the
Master Servicer will deliver to the Indenture Trustee an Officer's Certificate
stating that such signature is necessary or appropriate to enable the Master
Servicer to carry out its servicing and administrative duties under this
Servicing Agreement.
Section 3.09. Servicing Compensation; Payment of Certain Expenses by
Master Servicer. The Master Servicer shall be entitled to receive the Master
Servicing Fee in accordance with Section 3.03 as compensation for its services
in connection with servicing the Revolving Cre dit Loans. Moreover, additional
servicing compensation in the form of late payment charges and other receipts
not required to be deposited in the Custodial Account as specified in Section
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3.02 shall be retained by the Master Servicer. The Master Servicer shall be
required to pay all expenses incurred by it in connection with its activities
hereunder (including payment of all other fees and expenses not expressly stated
hereunder to be for the account of the Securityholders, including, without
limitation, the fees and expenses of the Owner Trustee, Indenture Trustee and
any Custodian (except with respect to the initial fees and expenses of the Owner
Trustee and Indenture Trustee, which shall be paid by the Administrator pursuant
to Section 7.05 hereof)) and shall not be entitled to reimbursement therefor.
Section 3.10. Annual Statement as to Compliance. (a) The Master
Servicer will deliver to the Issuer and the Indenture Trustee, with a copy to
the Credit Enhancer, beginning March 31, 1998, and on or before March 31 of each
year thereafter, an Officer's Certificate stating that (i) a review of the
activities of the Master Servicer during the preceding calendar year and of its
performance under servicing agreements, including this Servicing Agreement has
been made under such officer's supervision and (ii) to the best of such
officer's knowledge, based on such review, the Master Servicer has complied in
all material respects with the minimum servicing standards set forth in the
Uniform Single Attestation Program for Mortgage Bankers and has fulfilled all of
its material obligations in all material respects throughout such year, or, if
there has been material noncompliance with such servicing standards or a default
in the fulfillment in all material respects of any such obligation relating to
this Servicing Agreement, such statement shall include a description of such
noncompliance or specify each such default, as the case may be, known to such
officer and the nature and status thereof.
(b) The Master Servicer shall deliver to the Issuer,, the Administrator
and the Indenture Trustee, with a copy to the Credit Enhancer, promptly after
having obtained knowledge thereof, but in no event later than five Business Days
thereafter, written notice by means of an Officer's Certificate of any event
which with the giving of notice or the lapse of time or both, would become a
Servicing Default.
Section 3.11. Annual Servicing Report. Beginning June 30, 1998, and on
or before June 30 of each year thereafter, the Master Servicer at its expense
shall cause a firm of nationally recognized independent public accountants (who
may also render other services to the Master Servicer) to furnish a report to
the Issuer, the Administrator, the Indenture Trustee, the
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Depositor, the Credit Enhancer and each Rating Agency stating its opinion that,
on the basis of an examination conducted by such firm substantially in
accordance with standards established by the American Institute of Certified
Public Accountants, the assertions made pursuant to Section 3.10 regarding
compliance with the minimum servicing standards set forth in the Uniform Single
Attestation Program for Mortgage Bankers during the preceding calendar year are
fairly stated in all material respects, subject to such exceptions and other
qualifications that, in the opinion of such firm, such accounting standards
require it to report. In rendering such statement, such firm may rely, as to
matters relating to the direct servicing of revolving credit loans by
Subservicers, upon comparable statements for examinations conducted by
independent public accountants substantially in accordance with standards
established by the American Institute of Certified Public Accountants (rendered
within one year of such statement) with respect to such Subservicers.
Section 3.12. Access to Certain Documentation and Information Regarding
the Revolving Credit Loans. Whenever required by statute or regulation, the
Master Servicer shall provide to the Credit Enhancer, any Securityholder upon
reasonable request (or a regulator for a Securityholder) or the Indenture
Trustee, reasonable access to the documentation regarding the Revolving Credit
Loans such access being afforded without charge but only upon reasonable request
and during normal business hours at the offices of the Master Servicer. Nothing
in this Section 3.12 shall derogate from the obligation of the Master Servicer
to observe any applicable law prohibiting disclosure of information regarding
the Mortgagors and the failure of the Master Servicer to provide access as
provided in this Section 3.12 as a result of such obligation shall not
constitute a breach of this Section 3.12.
Section 3.13. Maintenance of Certain Servicing Insurance Policies. The
Master Servicer shall during the term of its service as servicer maintain in
force (i) a policy or policies of insurance covering errors and omissions in the
performance of its obligations as master servicer hereunder and (ii) a fidelity
bond in respect of its officers, employees or agents. Each such policy or
policies and bond shall be at least equal to the coverage that would be required
by FNMA or FHLMC, whichever is greater, for Persons performing servicing for
revolving credit loans purchased by such entity.
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Section 3.14. Information Required by the Internal Revenue Service and
Reports of Foreclosures and Abandonments of Mortgaged Property. The Master
Servicer shall prepare and deliver all federal and state information reports
with respect to the Revolving Credit Loans when and as required by all
applicable state and federal income tax laws. In particular, with respect to the
requirement under Section 6050J of the Code to the effect that the Master
Servicer or Subservicer shall make reports of foreclosures and abandonments of
any mortgaged property for each year beginning in 1998, the Master Servicer or
Subservicer shall file reports relating to each instance occurring during the
previous calendar year in which the Master Servicer (i) on behalf of the Issuer,
acquires an interest in any Mortgaged Property through foreclosure or other
comparable conversion in full or partial satisfaction of a Revolving Credit
Loan, or (ii) knows or has reason to know that any Mortgaged Property has been
abandoned. The reports from the Master Servicer or Subservicer shall be in form
and substance sufficient to meet the reporting requirements imposed by Section
6050J and Section 6050H (reports relating to mortgage interest received) of the
Code.
Section 3.15. Optional Repurchase of Defaulted Revolving Credit Loans.
Notwithstanding any provision in Section 3.07 to the contrary, the Master
Servicer, at its option and in its sole discretion, may repurchase any Revolving
Credit Loan delinquent in payment for a period of 60 days or longer for a price
equal to the Repurchase Price.
Section 3.16. Recording of Assignments. If the credit rating of the
Master Servicer is reduced to below "BBB" by Standard & Poor's or below "A3" by
Moody's, the Master Servicer shall, within 60 days after written notification of
such reduction in credit rating by Standard & Poor's, Moody's or the Credit
Enhancer, the Master Servicer, at its own expense, shall complete and submit for
recording in the appropriate public office for real property records each of the
assignments of the Mortgage for each Revolving Credit Loan. While such
assignment to be recorded is being recorded, the Custodian shall retain a
photoco py of such assignment. If any assignment is lost or returned unrecorded
to the Custodian because of any defect therein, the Master Servicer is required
to prepare a substitute assignm ent or cure such defect, as the case may be, and
the Master Servicer shall cause such assignment to be recorded in accordance
with this paragraph.
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ARTICLE IV
Servicing Certificate
Section 4.01. Statements to Securityholders. With respect to each
Payment Date, on the Business Day following the related Determination Date the
Administrator shall forward to the Indenture Trustee and the Indenture Trustee
pursuant to Section 3.26 of the Indenture shall forward or cause to be forwarded
by mail to each Certificateholder, Noteholder, the Credit Enhancer, the
Depositor, the Owner Trustee, the Certificate Paying Agent and each Rating
Agency, a statement setting forth the following information as to the Notes and
Certificates, to the extent applicable:
(i) the aggregate amount of (a) Interest Collections, (b) Principal
Collection s and (c) Substitution Adjustment Amounts;
(ii) the amount of such distribution as principal to the Noteholders;
(iii) the amount of such distribution as interest to the Noteholders
separately stating the portion thereof in respect of overdue accrued interest;
(iv) the Credit Enhancement Draw Amount, if any, for such Payment Date and
the aggregate amount of prior draws thereunder not yet reimbursed;
(v) the amount of such distribution as principal and interest to the
Certificateholders, separately stating the portion thereof which
resulted in a reduction of the Certificate Principal Balance thereof;
(vi) the aggregate Loan Balance of the Revolving Credit Loans as of the end
of the preceding Collection Period;
(v) the number and aggregate Loan Balances of Revolving Credit Loans (a) as
to which the Minimum Monthly Payment is delinquent for 30-59 days, 60-89 days
and
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90 or more days, respectively, (b) that are foreclosed and (c) that
have become REO, in each case as of the end of the preceding Collection
Period; provided, however, that such information will not be provided
on the statements relating to the first Payment Date;
(vi) the weighted average Net Loan Rate for the related Collection Period;
(vii) the aggregate amount of Additional Balances created during the
previous Collection Period conveyed to the Issuer;
(viii) the aggregate Liquidation Loss Amounts with respect to the
related Collection Period, the amount of any Liquidation Loss
Distribution Amounts with res pect to the Notes and the aggregate of
the Liquidation Loss Amounts from all Collection Periods to date
expressed as dollars and as a percentage of the aggregate Cut-off Date
Loan Balance;
(ix) the aggregate Excess Loss Amounts with respect to the
related Collection Period and the aggregate of the Excess Loss Amounts
from all Collection Periods to date;
(x) the aggregate Special Hazard Losses, Fraud Losses,
Bankruptcy Losses and losses caused by or resulting from an
Extraordinary Event with respect to the rela ted Collection Period and
the aggregate of each of such losses from all Collection Periods to
date;
(xi) the aggregate Note Balance of each Class of Notes and
the Certificate Principal Balance of the Certificates after giving
effect to the distribution of principal on such Payment Date;
(xii) the respective Security Percentage applicable to each
of the Securities, after application of payments made on such Payment
Date; and
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(xiii) the Outstanding Reserve Amount, the Special Hazard Amount, the Fraud
Loss Amount and the Bankruptcy Loss Amount immediately following such Payment
Date.
In the case of information furnished pursuant to clauses (ii) and (iii)
above, the amounts shall be expressed as an aggregate dollar amount per Variable
Funding Note, Term Note or Certificate, as applicable, with a $1,000
denomination.
In addition, the Administrator shall forward to the Indenture Trustee
any other information reasonably requested by the Indenture Trustee necessary to
make distributions pursuant to Section 3.05 of the Indenture. Prior to the close
of business on the Business Day next succeeding each Determination Date, the
Administrator shall furnish a written statement to the Certificate Paying Agent,
the Master Servicer and the Indenture Trustee setting forth the aggregate
amounts required to be withdrawn from the Custodial Account and deposited into
the Payment Account on the Business Day preceding the related Payment Date
pursuant to Section 3.03. The determination by the Administrator of such amounts
shall, in the absence of obvious error, be presumptively deemed to be correct
for all purposes hereunder and the Owner Trustee and Indenture Trustee shall be
protected in relying upon the same without any independent check or
verification. In addition, upon the Issuer's written request, the Administrator
shall promptly furnish information reasonably requested by the Issuer that is
reasonably available to the Administrator to enable the Issuer to perform its
federal and state income tax reporting obligations.
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ARTICLE V
Payment Account
Section 5.01. Payment Account. The Indenture Trustee shall establish
and maintain a Payment Account titled "The Chase Manhattan Bank, as Indenture
Trustee, for the benefit of the Securityholders, the Certificate Paying Agent
and the Credit Enhancer pursuant to the Indenture, dated as of August 28, 1997,
between Home Equity Loan Trust 1997-GMACM4 and The Chase Manhattan Bank". The
Payment Account shall be an Eligible Account. On each Payment Date, amounts on
deposit in the Payment Account will be distributed by the Indenture Trustee in
accordance with Section 3.05 of the Indenture. The Indenture Trustee shall, upon
written request from the Master Servicer, invest or cause the institution
maintaining the Payment Account to invest the funds in the Payment Account in
Permitted Investments designated in the name of the Indenture Trustee, which
shall mature not later than the Business Day next preceding the Payment Date
next following the date of such investment (except that (i) any investment in
the institution with which the Payment Account is maintained may mature on such
Payment Date and (ii) any other investment may mature on such Payment Date if
the Indenture Trustee shall advance funds on such Payment Date to the Payment
Account in the amount payable on such investment on such Payment Date, pending
receipt thereof to the extent necessary to make distributions on the Securities)
and shall not be sold or disposed of prior to maturity. All income and gain
realized from any such investment shall be for the benefit of the Master
Servicer and shall be subject to its withdrawal or order from time to time. The
amount of any losses incurred in respect of any such investments shall be
deposited in the Payment Account by the Master Servicer out of its own funds
immediately as realized.
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ARTICLE VI
The Master Servicer
Section 6.01. Liability of the Master Servicer. The Master Servicer
shall be liable in accordance herewith only to the extent of the obligations
specifically imposed upon and undertaken by the Master Servicer herein.
Section 6.02. Merger or Consolidation of, or Assumption of the
Obligations of, the Master Servicer. Any corporation into which the Master
Servicer may be merged or convert ed or with which it may be consolidated, or
any corporation resulting from any merger, conversion or consolidation to which
the Master Servicer shall be a party, or any corporation succeeding to the
business of the Master Servicer, shall be the successor of the Master Servicer,
hereunder, 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.
The Master Servicer may assign its rights and delegate its duties and
obligations under this Servicing Agreement; provided that the Person accepting
such assignment or delegation shall be a Person which is qualified to service
revolving credit loans, is reasonably satisfactory to the Indenture Trustee (as
pledgee of the Revolving Credit Loans), the Issuer and the Credit Enhancer, is
willing to service the Revolving Credit Loans and executes and delivers to the
Indenture Trustee and the Issuer an agreement, in form and substance reasonably
satisfactory to the Credit Enhancer, the Indenture Trustee and the Issuer, which
contains an assumption by such Person of the due and punctual performance and
observance of each covenant and condition to be performed or observed by the
Master Servicer under this Servicing Agreement; provided further that each
Rating Agency's rating of the Securities in effect immediately prior to such
assignment and delegation will not be qualified, reduced, or withdrawn as a
result of such assignment and delegation (as evidenced by a letter to such
effect from each Rating Agency), if determined without regard to the Credit
Enhancement Instrument; and provided further that the Owner Trustee receives an
Opinion of Counsel to the effect that such assignment or delegation shall not
cause the Owner Trust to be treated as a corporation for federal or state income
tax purposes.
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Section 6.03. Limitation on Liability of the Master Servicer and
Others. Neither the Master Servicer nor any of the directors or officers or
employees or agents of the Master Servicer shall be under any liability to the
Issuer,, the Owner Trustee, the Administrator, the Indenture Trustee or the
Securityholders for any action taken or for refraining from the taking of any
action in good faith pursuant to this Servicing Agreement, provided, however,
that this provision shall not protect the Master Servicer or any such Person
against any liability which would otherwise be imposed by reason of its willful
misfeasance, bad faith or gross negligen ce in the performance of its duties
hereunder or by reason of its reckless disregard of its obli gations and duties
hereunder. The Master Servicer and any director or officer or employee or agent
of the Master Servicer may rely in good faith on any document of any kind prima
facie properly executed and submitted by any Person respecting any matters
arising hereunder. The Master Servicer and any director or officer or employee
or agent of the Master Servicer shall be indemnified by the Issuer and held
harmless against any loss, liability or expense incurred in connection with any
legal action relating to this Servicing Agreement or the Securities, including
any amount paid to the Owner Trustee or the Indenture Trustee pursuant to
Section 6.06(b), other than any loss, liability or expense incurred by reason of
its willful misfeasance, bad faith or gross negligence in the performance of its
duties hereunder or by reason of its reckless disregard of its obligations and
duties hereunder. The Master Servicer shall not be under any obligation to
appear in, prosecute or defend any legal action which is not incidental to its
duties to service the Revolving Credit Loans in accordance with this Servicing
Agreement, and which in its opinion may involve it in any expense or liability;
provided, however, that the Master Servicer may in its sole discretion undertake
any such action which it may deem necessary or desirable in respect of this
Servicing Agreement, and the rights and duties of the parti es hereto and the
interests of the Securityholders. In such event, the reasonable legal expenses
and costs of such action and any liability resulting therefrom shall be
expenses, costs and liabilities of the Issuer, and the Master Servicer shall be
entitled to be reimbursed therefor. The Master Servicer's right to indemnity or
reimbursement pursuant to this Section 6.03 shall survive any resignation or
termination of the Master Servicer pursuant to Section 6.04 or 7.01 with respect
to any losses, expenses, costs or liabilities arising prior to such resignation
or termination (or arising from events that occurred prior to such resignation
or termination).
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Section 6.04. Master Servicer Not to Resign. Subject to the provisions
of Section 6.02, the Master Servicer shall not resign from the obligations and
duties hereby imposed on it except (i) upon determination that the performance
of its obligations or duties hereunder are no longer permissible under
applicable law or are in material conflict by reason of applicable law with any
other activities carried on by it or its subsidiaries or Affiliates, the other
activities of the Master Servicer so causing such a conflict being of a type and
nature carried on by the Master Servicer or its subsidiaries or Affiliates at
the date of this Servicing Agreement or (ii) upon satisfaction of the following
conditions: (a) the Master Servicer has proposed a successor servicer to the
Issuer and the Indenture Trustee in writing and such proposed successor servicer
is reasonably acceptable to the Issuer, the Indenture Trustee and the Credit
Enhancer; (b) each Rating Agency shall have delivered a letter to the Issuer,
the Credit Enhancer and the Indenture Trustee prior to the appointment of the
successor servicer stating that the proposed appointment of such successor
servicer as Master Servicer hereunder will not result in the reduction or
withdrawal of the then current rating of the Securities, if determined without
regard to the Credit Enhancement Instrument; and (c) such proposed successor
servicer is reasonably acceptable to the Credit Enhancer, as evidenced by a
letter to the Issuer and the Indenture Trustee; provided, however, that no such
resignation by the Master Servicer shall become effective until such successor
servicer or, in the case of (i) above, the Indenture Trustee, as pledgee of the
Revolving Credit Loans, shall have assumed the Master Servicer's
responsibilities and obligations hereunder or the Indenture Trustee, as pledgee
of the Revolving Credit Loans, shall have designated a successor servicer in
accordance with Section 8.02. Any such resignation shall not relieve the Master
Servicer of responsibility for any of the obligations specified in Sections 7.01
and 7.02 as obligations that survive the resignation or termination of the
Master Servicer. Any such determination permitting the resignation of the Master
Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to
the Indenture Trustee and the Credit Enhancer.
Section 6.05. Delegation of Duties. In the ordinary course of business,
the Master Servicer at any time may delegate any of its duties hereunder to any
Person, including any of its Affiliates, who agrees to conduct such duties in
accordance with standards comparable to those with which the Master Servicer
complies pursuant to Section 3.01. Such delegation shall
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not relieve the Master Servicer of its liabilities and responsibilities with
respect to such duties and shall not constitute a resignation within the meaning
of Section 6.04.
Section 6.06. Payment of Indenture Trustee's and Owner Trustee's Fees
and Expense s; Indemnification. (a) After the Closing Date, the Master Servicer
covenants and agrees to pay to the Owner Trustee, the Indenture Trustee and any
co-trustee of the Indenture Trustee or the Owner Trustee from time to time, and
the Owner Trustee, the Indenture Trustee and any such co-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 services rendered by each of them in the execution of the trusts created
under the Trust Agreement and the Indenture and in the exercise and performance
of any of the powers and duties under the Trust Agreement or the Indenture, as
the case may be, of the Owner Trustee, the Indenture Trustee and any co-trustee,
and the Master Servicer will pay or reimburse the Indenture Trus tee and any
co-trustee upon request for all reasonable expenses, disbursements and advances
incurred or made by the Indenture Trustee or any co-trustee in accordance with
any of the provisions of this Servicing Agreement except any such expense,
disbursement or advance as may arise from its negligence, wilful misfeasance or
bad faith.
(b) The Master Servicer and the Administrator agree to indemnify the
Indenture Trus tee and the Owner Trustee for, and to hold the Indenture Trustee
and the Owner Trustee, as the case may be, harmless against, any loss, liability
or expense incurred without negligence, bad faith or willful misconduct on the
part of the Indenture Trustee or the Owner Trustee, as the case may be, arising
out of, or in connection with, the acceptance and administration of the Issuer
and the assets thereof, including the costs and expenses (including reasonable
legal fees and expenses) of defending the Indenture Trustee or the Owner
Trustee, as the case may be, against any claim in connection with the exercise
or performance of any of its powers or duti es under any Basic Document (with
respect to the Administrator such indemnification shall be strictly limited to
the extent such loss, liability or expense is incurred in connection with
calculations performed or information provided by the Administrator solely in
respect to the Payment Account), provided that:
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(i) with respect to any such claim, the Indenture
Trustee or Owner Trustee, as the case may be, shall have given the
Master Servicer or the Administrator, as the case may be, written
notice thereof promptly after the Indenture Trustee or Ow ner Trustee,
as the case may be, shall have actual knowledge thereof;
(ii) while maintaining control over its own defense, the
Issuer, the Indenture Trustee or Owner Trustee, as the case may be,
shall cooperate and consult fully with the Master Servicer in preparing
such defense; and
(iii) notwithstanding anything in this Servicing
Agreement to the contrary, the Master Servicer or the Administrator, as
the case may be, shall not be liable for settlement of any claim by the
Indenture Trustee or the Owner Trustee, as the case may be, entered
into without the prior consent of the Master Servicer or the
Administrator, as the case may be.
No termination of this Servicing Agreement shall affect the obligations created
by this Section 6.06 of the Master Servicer or the Administrator, as the case
may be, to indemnify the Indenture Trustee and the Owner Trustee under the
conditions and to the extent set forth herein.
Notwithstanding the foregoing, the indemnification provided by the
Master Servicer or the Administrator, as the case may be, in this Section
6.06(b) shall not pertain to any loss, liability or expense of the Indenture
Trustee or the Owner Trustee, including the costs and expenses of defending
itself against any claim, incurred in connection with any actions taken by the
Indenture Trustee or the Owner Trustee at the direction of the Noteholders or
Certificateholders, as the case may be, pursuant to the terms of this Servicing
Agreement.
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ARTICLE
VII
The Administrator
Section 7.01. Liability of the Administrator. The Administrator shall
be liable in accordance herewith only to the extent of the obligations
specifically imposed upon and undertaken by the Administrator herein.
Section 7.02. Merger or Consolidation of, or Assumption of the
Obligations of, the Administrator. Any corporation into which the Administrator
may be merged or converted or with which it may be consolidated, or any
corporation resulting from any merger, conversion or consolidation to which the
Administrator shall be a party, or any corporation succeeding to the business of
the Administrator, shall be the successor of the Administrator, hereunder,
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 7.03. Limitation on Liability of the Administrator and Others.
Neither the Administrator nor any of the directors or officers or employees or
agents of the Administrator shall be under any liability to the Trust, the
Issuer, the Owner Trustee, the Master Servicer, the Indenture Trustee or the
Securityholders for any action taken or for refraining from the taking of any
action in good faith pursuant to this Servicing Agreement, provided, however,
that this provision shall not protect the Administrator or any such Person
against any liability which would otherwise be imposed by reason of its willful
misfeasance, bad faith or gross negligen ce in the performance of its duties
hereunder or by reason of its reckless disregard of its obli gations and duties
hereunder. The Administrator and any director or officer or employee or agent of
the Administrator may rely in good faith on any document of any kind prima facie
properly executed and submitted by any Person respecting any matters arising
hereunder. The Administrator and any director or officer or employee or agent of
the Administrator shall be indemnified by the Trust and held harmless against
any loss, liability or expense incurred in connection with any legal action
relating to this Servicing Agreement or the Securities, other than any loss,
liability or expense incurred by reason of its willful misfeasance, bad faith or
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gross negligence in the performance of its duties hereunder or by reason of its
reckless disregard of its obligations and duties hereunder. The Administrator
shall not be under any obligation to appear in, prosecute or defend any legal
action which is not incidental to its duties to service the Revolving Credit
Loans in accordance with this Servicing Agreement, and which in its opinion may
involve it in any expense or liability; provided, however, that the
Administrator may in its sole discretion undertake any such action which it may
deem necessary or desirable in respect of this Servicing Agreement, and the
rights and duties of the parties hereto and the interests of the
Securityholders. In such event, the reasonable legal expenses and costs of such
action and any liability resulting therefrom shall be expenses, costs and
liabilities of the Trust, and the Administrator shall be entitled to be
reimbursed therefor. The Administrator's right to indemnity or reimbursement
pursuant to this Section 7.03 shall survive any resignation or termination of
the Administrator pursuant to Section 7.04 or 7.01 with respect to any losses,
expenses, costs or liabilities arising prior to such resignation or termination
(or arising from events that occurred prior to such resignation or termination).
Section 7.04. Administrator Not to Resign. Subject to the provisions of
Section 7.02, the Administrator shall not resign from the obligations and duties
hereby imposed on it except (i) upon determination that the performance of its
obligations or duties hereunder are no long er permissible under applicable law
or are in material conflict by reason of applicable law with any other
activities carried on by it or its subsidiaries or Affiliates, the other
activities of the Administrator so causing such a conflict being of a type and
nature carried on by the Administrator or its subsidiaries or Affiliates at the
date of this Servicing Agreement or (ii) upon satisfaction of the following
conditions: (a) the Administrator has proposed a successor administrator to the
Indenture Trustee in writing and such proposed successor administrator is
reasonably acceptable to the Indenture Trustee and the Credit Enhancer; (b) each
Rating Age ncy shall have delivered a letter to the Credit Enhancer and the
Indenture Trustee prior to the appointment of the successor administrator
stating that the proposed appointment of such successor administrator as
Administrator hereunder will not result in the reduction or withdra wal of the
then current rating of the Securities, if determined without regard to the
Credit Enhancement Instrument; and (c) such proposed successor administrator is
reasonably acceptable to the Credit Enhancer, as evidenced by a letter to the
Indenture Trustee.
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Section 7.05. Initial Payment of Indenture Trustee's and Owner Trustee's
Fees and Expenses. On the Closing Date, the Administrator will pay the initial
costs and expenses of the Indenture Trustee and the Owner Trustee.
Section 7.06. Administrator Undertakings with Respect to the Trust. The
Administrator hereby undertakes to (i) prepare and deliver to each Member of the
Trust, within ninety (90) days after the expiration of each Fiscal Year of the
Trust all information returns required by the Code and information with respect
to the Trust necessary for the preparation of the members' federal income tax
returns (ii) prepare all income tax returns of the Trust in all jurisdictions
where in its judgment such filings are required or where it is directed by the
Trust to file such income tax returns and (iii) deliver such returns to the
Owner Trustee not less than one week prior to their due date in order for the
Owner Trustee to sign and timely file such income tax returns. Pursuant to
Treasury Regulation ss. 301.7701-2(c)(2) the Administrator does not intend to
file any income tax returns of the Trust as long as the Trust has a single owner
of the Certificates.
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ARTICLE VIII
Default
Section 8.01. Servicing Default. If any one of the following events
("Servicing Default") shall occur and be continuing:
(i) Any failure by the Master Servicer to deposit in
the Custodial Account or Payment Account any deposit required to be
made under the terms of this Servicing Agreement which continues
unremedied for a period of five Business Days after the date upon which
written notice of such failure shall have been given to the Master
Servicer by the Issuer or the Indenture Trustee, or to the Master
Servicer, the Issuer and the Indenture Trustee by the Credit Enhancer;
or
(ii) Failure on the part of the Master Servicer duly to
observe or perform in any material respect any other covenants or
agreements of the Master Servicer set forth in the Securities or in
this Servicing Agreement, which failure, in each case, materially and
adversely affects the interests of Securityholders or the Credit
Enhancer and which continues unremedied for a period of 45 days after
the date on which written notice of such failure, requiring the same to
be remedied, and stating that such notice is a "Notice of Default"
hereunder, shall have been given to the Master Servicer by the Issuer
or the Indenture Trustee, or to the Master Servicer, the Issuer and the
Indenture Trustee by the Credit Enhancer; or
(iii) The entry against the Master Servicer of a decree
or order by a court or agency or supervisory authority having
jurisdiction in the premises for the appointment of a trustee,
conservator, receiver or liquidator in any insolvency, conser
vatorship, receivership, readjustment of debt, marshalling of assets
and liabilities or similar proceedings, or for the winding up or
liquidation of its affairs, and the continuance of any such decree or
order unstayed and in effect for a period of 60 consecutive days; or
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(iv) The Master Servicer shall voluntarily go into
liquidation, consent to the appointment of a conservator, receiver,
liquidator or similar person in any insolvency, readjustment of debt,
marshalling of assets and liabilities or similar proceedings of or
relating to the Master Servicer or of or relating to all or
substantially all of its property, or a decree or order of a court,
agency or supervisory authority having jurisdiction in the premises for
the appointment of a conservator, receiver, liquidator or similar
person 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 Master
Servicer and such decree or order shall have remained in force
undischarged, unbonded or unstayed for a period of 60 days; or the
Master Servicer shall admit in writing its inability to pay its debts
generally 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 voluntaril y suspend payment of its
obligations, then, and in every such case, so long as a Servicing
Default shall not have been remedied by the Master Servicer, either the
Issuer or the Indenture Trustee, with the consent of the Credit
Enhancer, or the Credit Enhancer, by notice then given in writing to
the Master Servicer (and to the Issuer and the Indenture Trustee if
given by the Credit Enhancer) may terminate all of the rights and
obligations of the Master Servicer as servicer under this Servicing
Agreement other than its right to receive servicing compensation and
expenses for servicing the Revolving Credit Loans hereunder during any
period prior to the date of such termination and the Issuer or the
Indenture Trustee, with the consent of the Credit Enhancer, or the
Credit Enhancer may exercise any and all other remedies available at
law or equity. Any such notice to the Master Servicer shall also be
given to each Rating Agency, the Credit Enhancer and the Issuer. On or
after the receipt by the Master Servicer of such written notice, all
authority and power of the Master Servicer under this Servicing
Agreement, whether with respect to the Securities or the Revolving
Credit Loans or otherwise, shall pass to and be vested in the Indenture
Trustee as pledgee of the Revolving Credit Loans, pursuant to and under
this Section 8.01; and, without limitation, the Indenture Trustee is
hereby authorized and empowered to execute and deliver, on behalf of
the Master Servicer, as attorney-in-fact or otherwise, any and all
documents and other instruments, and to do or accomplish all other acts
or things necessary or appropriate to effect the
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<PAGE>
purposes of such notice of termination, whether to complete the
transfer and endorsement of each Revolving Credit Loan and related
documents, or otherwise. The Master Servicer agrees to cooperate with
the Indenture Trustee in effecting the termination of the
responsibilities and rights of the Master Servicer hereunder,
including, without limitation, the transfer to the Indenture Trustee
for the administration by it of all cash amounts relating to the
Revolving Credit Loans that shall at the time be held by the Master
Servicer and to be deposited by it in the Custodial Account, or that
have been deposited by the Master Servicer in the Custodial Account or
thereafter received by the Master Servicer with respect to the
Revolving Credit Loans. All reasonable costs and expenses (including,
but not limited to, attorneys' fees) incurred in connection with
amending this Servicing Agreement to reflect such succession as Master
Servicer pursuant to this Section 8.01 shall be paid by the predecessor
Master Servicer (or if the predecessor Master Servicer is the Indenture
Trustee, the initial Master Servicer) upon presentation of reasonable
documentation of such costs and expenses.
Notwithstanding any termination of the activities of the Master
Servicer hereunder, the Master Servicer shall be entitled to receive, out of any
late collection of a payment on a Revolving Credit Loan which was due prior to
the notice terminating the Master Servicer's rights and obligations hereunder
and received after such notice, that portion to which the Mas ter Servicer would
have been entitled pursuant to Sections 3.03 and 3.09 as well as its Master
Servicing Fee in respect thereof, and any other amounts payable to the Master
Servicer hereunder the entitlement to which arose prior to the termination of
its activities hereunder.
Notwithstanding the foregoing, a delay in or failure of performance
under Section 8.0 1(i) or under Section 8.01(ii) after the applicable grace
periods specified in such Sections, shall not constitute a Servicing Default if
such delay or failure could not be prevented by the exercise of reasonable
diligence by the Master Servicer and such delay or failure was caused by an act
of God or the public enemy, acts of declared or undeclared war, public disorder,
rebellion or sabotage, epidemics, landslides, lightning, fire, hurricanes,
earthquakes, floods or similar causes. The preceding sentence shall not relieve
the Master Servicer from using reasonable efforts to perform its respective
obligations in a timely manner in accordance with the terms of this Servicing
Agreement and the Master Servicer shall provide the Indenture Trustee, the
Credit
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<PAGE>
Enhancer and the Securityholders with notice of such failure or delay by it,
together with a description of its efforts to so perform its obligations. The
Master Servicer shall immediately notify the Indenture Trustee, the Credit
Enhancer and the Owner Trustee in writing of any Servicing Default.
Section 8.02. Indenture Trustee to Act; Appointment of Successor. (a)
On and after the time the Master Servicer receives a notice of termination
pursuant to Section 8.01 or sends a notice pursuant to Section 6.04, the
Indenture Trustee as pledgee of the Revolving Credit Loans shall be the
successor in all respects to the Master Servicer in its capacity as servicer
under this Servicing Agreement 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 Master Servicer by the terms and provisions
hereof. Nothing in this Servicing Agreement or in the Trust Agreement shall be
construed to permit or require the Indenture Trustee to (i) succeed to the
responsibilities, duties and liabilities of the initial Master Servicer in its
capacity as Designated Seller under the Designated Seller's Agreement, (ii) be
responsible or accountable for any act or omission of the Master Servicer prior
to the issuance of a notice of termination hereunder, (iii) require or obligate
the Indenture Trustee, in its capacity as successor Master Servicer, to
purchase, repurchase or substitute any Revolving Credit Loan, (iv) fund any
Additional Balances with respect to any Revolving Credit Loan, (v) fund any
losses on any Permitted Investment directed by any other Master Servicer, or
(vi) be responsible for the representations and warranties of the Master
Servicer. As compensation therefor, the Indenture Trustee shall be entitled to
such compensation as the Master Servicer would have been entitled to hereunder
if no such notice of termination had been given. Notwithstanding the above, (i)
if the Indenture Trustee is unwilling to act as successor Master Servicer, or
(ii) if the Indenture Trustee is legally unable so to act, the Indenture Trustee
as pledgee of the Revolving Credit Loans may (in the situation described in
clause (i)) or shall (in the situation described in clause (ii)) appoint or
petition a court of competent jurisdiction to appoint any established housing
and home finance institution, bank or other mortgage loan or home equity loan
servicer having a net worth of not less than $10,000,000 as the successor to the
Master Servicer hereunder in the assumption of all or any part of the
responsibilities, duties or liabilities of the Master Servicer hereunder;
provided that any such successor Master Servicer shall be acceptable to the
Credit Enhancer, as evidenced by the Credit Enhancer's prior written consent
which consent shall not be unreasonably withheld
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and provided further that the appointment of any such successor Master Servicer
will not result in the qualification, reduction or withdrawal of the ratings
assigned to the Securities by the Rating Agencies, if determined without regard
to the Credit Enhancement Instrument. Pending appointment of a successor to the
Master Servicer hereunder, unless the Indenture Trustee is prohibited by law
from so acting, the Indenture Trustee shall act in such capacity as hereinabove
provided. In connection with such appointment and assumption, the successor
shall be entitled to receive compensation out of payments on Revolving Credit
Loans in an amount equal to the compensation which the Master Servicer would
otherwise have received pursuant to Section 3.09 (or such lesser compensation as
the Indenture Trustee and such successor shall agree). The appointment of a
successor Master Servicer shall not affect any liability of the predecessor
Master Servicer which may have arisen under this Servicing Agreement prior to
its termination as Master Servicer (including, without limitation, the
obligation to purchase Revolving Credit Loans pursuant to Section 3.01, to pay
any deductible under an insurance policy pursuant to Section 3.04 or to
indemnify the Indenture Trustee pursuant to Section 6.06), nor shall any
successor Master Servicer be liable for any acts or omissions of the predecessor
Master Servicer or for any breach by such Master Servicer of any of its
representations or warranties contained herein or in any related document or
agreement. The Indenture Trustee and such successor shall take such action,
consistent with this Servicing Agreement, as shall be necessary to effectuate
any such succession.
(b) Any successor, including the Indenture Trustee, to the Master
Servicer as servicer shall during the term of its service as servicer (i)
continue to service and administer the Revolving Credit Loans for the benefit of
the Securityholders, (ii) maintain in force a policy or policies of insurance
covering errors and omissions in the performance of its obligations as Master
Servicer hereunder and a fidelity bond in respect of its officers, employees and
agents to the same extent as the Master Servicer is so required pursuant to
Section 3.13 and (iii) be bound by the terms of the Insurance Agreement.
(c) Any successor Master Servicer, including the Indenture Trustee,
shall not be deemed in default or to have breached its duties hereunder if the
predecessor Master Servicer shall fail to deliver any required deposit to the
Custodial Account or otherwise cooperate with any required servicing transfer or
succession hereunder.
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Section 8.03. Notification to Securityholders. Upon any termination of
or appointment of a successor to the Master Servicer pursuant to this Article
VIII or Section 6.04, the Indenture Trustee shall give prompt written notice
thereof to the Securityholders, the Credit Enhancer, the Issuer,, the
Administrator and each Rating Agency.
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ARTICLE IX
Miscellaneous Provisions
Section 9.01 Amendment. This Servicing Agreement may be amended from
time to time by the parties hereto, provided that any amendment be accompanied
by a letter from the Rating Agencies that the amendment will not result in the
downgrading or withdrawal of the rating then assigned to the Securities, if
determined without regard to the Credit Enhancement Instrument, and the consent
of the Credit Enhancer and the Indenture Trustee.
SECTION 9.02 GOVERNING LAW. THIS SERVICING 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.
Section 9.03 Notices. 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 certified mail, return receipt requested, to (a) in
the case of the Master Servicer, 100 Witmer Road, Horsham, Pennsylvania 19044,
Attention: Anthony Renzi, (b) in the case of the Administrator, 8400 Normandale
Lake Boulevard, Suite 700, Minneapolis, Minnesota 55437, Attention: Managing
Director - Mortgage Finance, (c) in the case of the Credit Enhancer, Ambac
Assurance Corporation, One State Street Plaza, 17th Floor, New York, New York
10004: Attention Howard Pfeffer, (d) in the case of Moody's, Home Mortgage Loan
Monitoring Group, 4th Floor, 99 Church Street, New York, New York 10001, (e) in
the case of Standard & Poor's, 26 Broadway, 15th Floor, New York, New York
10004, Attention: Residential Mortgage Surveillance Group, (f) in the case of
the Owner Trustee, Wilmington Trust Company, Rodney Square North, 1100 North
Market Street, Wilmington, Delaware 19890-0001, and (g) in the case of the
Issuer, to Home Equity Loan Trust 1997-GMACM4, c/o Owner Trustee, Wilmington
Trust Company, Rodney Square North, 1100 North Market Street, Wilmington,
Delaware 19890-0001, and (h) in the case of the Indenture Trustee, The Chase
Manhattan Bank, 450 West 33rd Street, 10th Floor, New York, NY, 10001,
Attention: Global Trust Services, or, as to each party, at such other address as
shall be designated by such party in a written notice
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<PAGE>
to each other party. Any notice required or permitted to be mailed to a
Securityholder shall be given by first class mail, postage prepaid, at the
address of such Securityholder as shown in the Register. Any notice so mailed
within the time prescribed in this Servicing Agreement shall be conclusively
presumed to have been duly given, whether or not the Securityholder receives
such notice. Any notice or other document required to be delivered or mailed by
the Indenture Trustee to any Rating Agency shall be given on a reasonable
efforts basis and only as a matter of courtesy and accommodation and the
Indenture Trustee shall have no liability for failure to delivery such notice or
document to any Rating Agency.
Section 9.04 Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Servicing Agreement shall be
for any reason whatsoe ver held invalid, then such covenants, agreements,
provisions or terms shall be deemed severable from the remaining covenants,
agreements, provisions or terms of this Servicing Agreement and shall in no way
affect the validity or enforceability of the other provisions of this Servicing
Agreement or of the Securities or the rights of the Securityholders thereof.
Section 9.05 Third-Party Beneficiaries. This Servicing Agreement will
inure to the benefit of and be binding upon the parties hereto, the
Securityholders, the Credit Enhancer, the Owner Trustee and their respective
successors and permitted assigns. Except as otherwise provided in this Servicing
Agreement, no other Person will have any right or obligation hereund er.
Section 9.06 Counterparts. This instrument may be executed in any
number of counterparts, each of which so executed shall be deemed to be an
original, but all such counterparts shall together constitute but one and the
same instrument.
Section 9.07 Effect of Headings and Table of Contents. The Article and
Section headings herein and the Table of Contents are for convenience only and
shall not affect the construction hereof.
Section 9.08 Termination Upon Purchase by the Master Servicer or
Liquidation of All Revolving Credit Loans; Partial Redemption. (a) The
respective obligations and responsibilities
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of the Master Servicer, the Issuer and the Indenture Trustee created hereby
shall terminate upon the last action required to be taken by the Issuer pursuant
to the Trust Agreement and by the Indenture Trustee pursuant to the Indenture
following the earlier of:
(i) the date on or before which the Indenture or Trust Agreement is
terminated, or
(ii) the purchase by the Master Servicer from the Issuer of all
Revolving Credit Loans and all property acquired in respect of any
Revolving Credit Loan at a price eq ual to 100% of the unpaid Loan
Balance of each Revolving Credit Loan, plus accrued and unpaid interest
thereon at the Weighted Average Net Loan Rate up to the day preceding
the Payment Date on which such amounts are to be distributed to
Securityholders, plus any amounts due and owing to the Credit Enhancer
under the Insurance Agreement (any unpaid Master Servicing Fee shall be
deemed paid at such time).
The right of the Master Servicer to purchase the assets of the Issuer pursuant
to clause (ii) above is conditioned upon the Pool Balance as of such date being
less than ten percent of the aggregate of the Cut-off Date Loan Balances of the
Revolving Credit Loans. If such right is exercised by the Master Servicer, the
Master Servicer shall deposit the amount calculated pursuant to clause (ii)
above with the Indenture Trustee pursuant to Section 4.10 of the Indenture and,
upon the receipt of such deposit, the Indenture Trustee or Custodian shall
release to the Master Servicer, the files pertaining to the Revolving Credit
Loans being purchased.
(b) Subject to the provisions of clause (c) below, the Master Servicer
has the right to purchase a portion of the assets of the Issuer upon the Pool
Balance as of such date being less than ten percent of the aggregate of the
Cut-off Date Loan Balances of the Revolving Credit Loans at a price equal to the
greater of (a) 100% of the unpaid Loan Balance of each Revolvi ng Credit Loan so
purchased, plus accrued and unpaid interest thereon at the Weighted Average Net
Loan Rate up to the day preceding the Payment Date on which such amounts are to
be distributed to Securityholders, plus any amounts due and owing to the Credit
Enhancer under the Insurance Agreement (any unpaid Master Servicing Fee shall be
deemed paid at such time)
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and (b) the fair market value of the Revolving Credit Loans as determined by two
bids from competitive participants in the adjustable home equity loan market. If
such right is exercised by the Master Servicer, the Master Servicer shall
deposit the amount calculated above with the Indenture Trustee pursuant to
Section 5.02 of the Indenture and, upon the receipt of such deposit, the
Indenture Trustee or Custodian shall release to the Master Servicer, the files
pertaining to the Revolving Credit Loans being purchased.
(c) With respect to any purchase of a portion of the Revolving Credit
Loans by the Master Servicer pursuant to subsection (b) above, the following
conditions must be satisfied: (i) the Master Servicer shall have delivered to
the Indenture Trustee and the Credit Enhancer a loan schedule containing a list
of all Revolving Credit Loans remaining in the Issuer after such removal; (ii)
the Master Servicer shall represent and warrant that no selection procedures
adverse to the interests of the Securityholders or the Credit Enhancer were used
by the Master Servicer in selecting such Revolving Credit Loans; and (iii) each
Rating Agency shall have notified the Master Servicer that such retransfer would
not result in a reduction or withdrawal of the ratings of the Securities, if
determined without regard to the Credit Enhancement Instrument. In lieu of a
cash payment, if an Amortization Event had previously occurred, all or a portion
of such purchase price by the Master Servicer may be in the form of Additional
Balances on other Revolving Credit Loans not previously conveyed to the Issuer.
(d) The Master Servicer, at its expense, shall prepare and deliver to
the Indenture Trustee for execution, at the time the Revolving Credit Loans are
to be released to the Master Servicer, appropriate documents assigning each such
Revolving Credit Loan from the Indenture Trustee or the Issuer to the Master
Servicer or the appropriate party.
Section 9.09 Certain Matters Affecting the Indenture Trustee. For all
purposes of this Servicing Agreement, in the performance of any of its duties or
in the exercise of any of its powers hereunder, the Indenture Trustee shall be
subject to and entitled to the benefits of Article VI of the Indenture.
Section 9.10 Owner Trustee Not Liable for Related Documents. The recitals
contained herein shall be taken as the statements of the Depositor, and the
Owner Trustee assumes no
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<PAGE>
responsibility for the correctness thereof. The Owner Trustee makes no
representations as to the validity or sufficiency of this Servicing Agreement,
of any Basic Document or of the Certificates (other than the signatures of the
Owner Trustee on the Certificates) or the Notes, or of any Related Documents.
The Owner Trustee shall at no time have any responsibility or liability with
respect to the sufficiency of the Owner Trust Estate or its ability to generate
the payments to be distributed to Certificateholders under the Trust Agreement
or the Noteholders under the Indenture, including, the compliance by the
Depositor or the Designated Seller with any warranty or representation made
under any Basic Document or in any related document or the accuracy of any such
warranty or representation, or any action of the Certificate Paying Agent, the
Certificate Registrar or the Indenture Trustee taken in the name of the Owner
Trustee.
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<PAGE>
IN WITNESS WHEREOF, the Master Servicer, the Administrator, the
Indenture Trustee and the Issuer have caused this Servicing Agreement to be duly
executed by their respective officers or representatives all as of the day and
year first above written.
GMAC MORTGAGE CORPORATION,
as Master Servicer
By:
Name:
Title: Director
RESIDENTIAL FUNDING CORPORATION, as
Administrator
By:
Name:
Title:
HOME EQUITY LOAN TRUST 1997-GMACM4
, as Issuer
By: Wilmington Trust Company, not in its
individual capacity but solely as Owner
Trustee
By:
Name:
Title:Vice President
THE CHASE MANHATTAN BANK, as Indenture
Trustee
By:
Name:
Title:Vice President
[TPW: NY01:0343095.04] 16069-00000 08/21/97 11:24AM
<PAGE>
EXHIBIT A
REVOLVING CREDIT LOAN SCHEDULE
TO BE PROVIDED UPON REQUEST
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<PAGE>
EXHIBIT B
LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESE PREMISES:
That The Chase Manhattan Bank, as Indenture Trustee (the "Indenture Trustee"),
under the Indenture among Home Equity Loan Trust 1997-GMACM4 and the Indenture
Trustee, a nati onal banking association organized and existing under the laws
of the United States of America, and having its principal office located at 450
West 33rd Street in the City of New York in the State of New York, hath made,
constituted and appointed, and does by these presents make, constitute and
appoint GMAC Mortgage Corporation, a corporation organized and existing under
the laws of the Commonwealth of Pennsylvania, its true and lawful
Attorney-in-Fact, with full power and authority to sign, execute, acknowledge,
deliver, file for record, and record any instrument on its behalf and to perform
such other act or acts as may be customarily and reasonably necessary and
appropriate to effectuate the following enumerated transactions in respect of
any of the mortgages or deeds of trust (the "Mortgages" and the "Deeds of
Trust", respectively) creating a trust or second lien or an estate in fee simple
interest in real property securing a Revolving Credit Loan and promissory notes
secured thereby (the "Mortgage Notes") for which the undersigned is acting as
Indenture Trustee for various Securityholders (whether the undersigned is named
therein as mortgagee or beneficiary or has become mortgagee by virtue of
endorsement of the Mortgage Note secured by any such Mortgage or Deed of Trust)
and for which GMAC Mortgage Corporation is acting as master servicer and
Residential Funding Corporation as administrator pursuant to a Servicing
Agreement, dated as of August 1, 1997 (the "Servicing Agreement").
This appointment shall apply to the following enumerated transactions only:
1. The modification or re-recording of a Mortgage or Deed of Trust, where
said modification or re-recording is for the purpose of correcting the
Mortgage or Deed of Trust to conform same to the original intent of the
parties thereto or to correct title errors discovered after such title
insurance was issued and said modification or re-recording, in either
instance, does not adversely affect the lien of the Mortgage or Deed of
Trust as insured.
2. The subordination of the lien of a Mortgage or Deed of Trust to an
easement in favor of a public utility company or a government agency or
unit with powers of eminent domain; this section shall include, without
limitation, the execution of partial satisfactions/releases, partial
reconveyances or the execution of requests to trustees to accomplish
same.
3. With respect to a Mortgage or Deed of Trust, the foreclosure, the
taking of a deed in lieu of foreclosure, or the completion of judicial
or non-judicial foreclosure or termination, cancellation or rescission
of any such foreclosure, including, without limitation, any and all of
the following acts:
a. The substitution of trustee(s) serving under a Deed of Trust, in
accordance wit h state law and the Deed of Trust;
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<PAGE>
b. Statements of breach or non-performance;
c. Notices of default;
d. Cancellations/rescissions of notices of default and/or notices of sale;
e. The taking of a deed in lieu of foreclosure; and
f. Such other documents and actions as may be necessary under the terms of the
Mortgage, Deed of Trust or state law to expeditiously complete said
transactio
ns.
4. The conveyance of the properties to the mortgage insurer, or the
closing of the title to the property to be acquired as real estate
owned, or conveyance of title to real estate owned.
5. The completion of loan assumption agreements.
6. The full satisfaction/release of a Mortgage or Deed of Trust or full
reconveyance upo n payment and discharge of all sums secured thereby,
including, without limitation, cancellation of the related Mortgage
Note.
7. The assignment of any Mortgage or Deed of Trust and the related
Mortgage Note, in connection with the repurchase of the Revolving
Credit Loan secured and evidenced thereby.
8. The full assignment of a Mortgage or Deed of Trust upon payment and
discharge of all sums secured thereby in conjunction with the
refinancing thereof, including, without limitation, the endorsement of
the related Mortgage Note.
9. The modification or re-recording of a Mortgage or Deed of Trust, where
said modification or re-recording is for the purpose of any
modification pursuant to Sectio n 3.01 of the Servicing Agreement.
10.The subordination of the lien of a Mortgage or Deed of Trust, where
said subordinati on is in connection with any modification pursuant to
Section 3.01 of the Servicing Agreement, and the execution of partial
satisfactions/releases in connection with such same Section 3.01.
The undersigned gives said Attorney-in-Fact full power and authority to execute
such instruments and to do and perform all and every act and thing necessary and
proper to carry into effect the power or powers granted by or under this Limited
Power of Attorney as fully as the undersigned might or could do, and hereby does
ratify and confirm to all that said Attorney-in-Fact shall lawfully do or cause
to be done by authority hereof.
Third parties without actual notice may rely upon the exercise of the power
granted under this Limited Power of Attorney; and may be satisfied that this
Limited Power of Attorney shall
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<PAGE>
continue in full force and effect has not been revoked unless an instrument of
revocation has been made in writing by the undersigned.
THE CHASE MANHATTAN BANK
not in its individual capacity,
by solely as Indenture Trustee under
the Agreements and the Indentures
Name: Name:
Title: Title:
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<PAGE>
STATE OF )
SS.
COUNTY OF )
On this ____ day of August, 1997, before me the undersigned, Notary
Public of said State, personally appeared _______________________________
personally known to me to be duly authorized officers of The Chase Manhattan
Bank that executed the within instrument and personally known to me to be the
persons who executed the within instrument on behalf of The Chase Manhattan Bank
therein named, and acknowledged to me such The Chase Manhattan Bank executed the
within instrument pursuant to its by-laws.
WITNESS my hand
and official seal.
Notary Public in and for the
State of
After recording, please mail to:
Attn:
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<PAGE>
EXHIBIT C
FORM OF REQUEST FOR RELEASE
DATE:
TO:
RE: REQUEST FOR RELEASE OF DOCUMENTS
In connection with your administration of the Revolving Credit Loans, we request
the release of the Mortgage File described below.
Servicing Agreement Dated:
Series #:
Account #:
Pool #:
Loan #:
Borrower Name(s):
Reason for Document Request: (circle one) Revolving Credit Loan
Prepaid in Full
Mortgage Loan Repurchased
"We hereby certify that all amounts received or to be received in connection
with such payments which are required to be deposited have been or will be so
deposited as provided in the Servicing Agreement."
- -------------------------------------
GMAC Mortgage Corporation
Authorized Signature
******************************************************************
TO CUSTODIAN/INDENTURE TRUSTEE: Please acknowledge this request, and check off
documents being enclosed with a copy of this form. You should retain this form
for your files in accordance with the terms of the Servicing Agreement.
Enclosed Documents: [ ] Promissory Note
[ ] Mortgage or Deed of Trust
[ ] Assignment(s) of Mortgage or
Deed of Trust
[ ] Title Insurance Policy
[ ] Other: ___________________________
Name
Title
Date
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<PAGE>
[TPW: NY01:0601664.01] 16069-00406 08/27/97 9:04PM
<PAGE>
EXHIBIT 4.4
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
as Depositor
and
WILMINGTON TRUST COMPANY
as Owner Trustee
-----------------------------------------
AMENDED AND RESTATED TRUST AGREEMENT
Dated as of August 28, 1997
------------------------------------------
Home Equity Loan-Backed Certificates,
Series 1997-GMACM4
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<PAGE>
Table of Contents
Section Page
ARTICLE I
Definitions
1.01.Definitions.......................................................... 1
1.02.Other Definitional Provisions........................................ 1
ARTICLE II
Organization
2.01.Name................................................................. 3
2.02.Office............................................................... 3
2.03.Purposes and Powers.................................................. 3
2.04.Appointment of Owner Trustee......................................... 4
2.05.Initial Capital Contribution of Owner Trust Estate................... 4
2.06.Declaration of Trust................................................. 4
2.07.Title to Trust Property.............................................. 5
2.08.Situs of Trust....................................................... 5
2.09.Representations and Warranties of the Depositor...................... 5
2.10.Payment of Trust Fees................................................ 6
ARTICLE III
Conveyance of the Revolving Credit Loans; Certificates
3.01.Conveyance of the Revolving Credit Loans ......................... 7
3.02.Initial Ownership.................................................... 7
3.03.The Initial Certificates; The Variable Funding Certificates.......... 7
3.04.Authentication of Certificates....................................... 8
3.05.Registration of and Limitations on Transfer and Exchange of
Certificates......................................................... 8
3.06.Mutilated, Destroyed, Lost or Stolen Certificates....................11
3.07.Persons Deemed Certificateholders....................................11
3.08.Access to List of Certificateholders' Names and Addresses............11
3.09.Maintenance of Office or Agency......................................12
3.10.Certificate Paying Agent.............................................12
3.11.Cooperation..........................................................14
3.12.Additional Certificate Security Balances Upon Issuance of
Capped Funding Notes.................................................14
ARTICLE IV
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Section Page
Authority and Duties of Owner Trustee
4.01. General Authority.................................................15
4.02. General Duties....................................................15
4.03. Action upon Instruction...........................................15
4.04. No Duties Except as Specified under Specified Documents or in
Instructions......................................................16
4.05. Restrictions......................................................16
4.06. Prior Notice to Certificateholders and the Credit Enhancer with
Respect to Certain Matters........................................16
4.07. Action by Certificateholders with Respect to Certain Matters......17
4.08. Action by Certificateholders with Respect to Bankruptcy...........17
4.09. Restrictions on Certificateholders' Power.........................17
4.10. Majority Control..................................................17
4.11. Doing Business in Other Jurisdictions.............................18
ARTICLE V
Application of Trust Funds
5.01. Distributions.....................................................19
5.02. Method of Payment.................................................19
5.03. Signature on Returns..............................................20
5.04. Statements to Certificateholders..................................20
5.05. Tax Reporting; Tax Elections......................................20
ARTICLE VI
Concerning the Owner Trustee
6.01. Acceptance of Trusts and Duties...................................21
6.02. Furnishing of Documents...........................................22
6.03. Representations and Warranties....................................22
6.04. Reliance; Advice of Counsel.......................................23
6.05. Not Acting in Individual Capacity.................................23
6.06. Owner Trustee Not Liable for Certificates or Related Documents....23
6.07. Owner Trustee May Own Certificates and Notes......................24
ARTICLE VII
Compensation of Owner Trustee
7.01. Owner Trustee's Fees and Expenses.................................25
7.02. Indemnification...................................................25
ARTICLE VIII
Termination of Trust Agreement
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8.01.ermination of Trust Agreement.......................................7
ARTICLE IX
Successor Owner Trustees and Additional Owner Trustees
9.01.ligibility Requirements for Owner Trustee...........................9
9.02.eplacement of Owner Trustee.........................................9
9.03.uccessor Owner Trustee..............................................0
9.04.erger or Consolidation of Owner Trustee.............................0
9.05.ppointment of Co-Trustee or Separate Trustee........................0
ARTICLE X
Miscellaneous
10.01mendments...........................................................2
10.02o Legal Title to Owner Trust Estate.................................3
10.03imitations on Rights of Others......................................3
10.04otices..............................................................4
10.05everability.........................................................4
10.06eparate Counterparts................................................4
10.07uccessors and Assigns...............................................4
10.08o Petition..........................................................4
10.09o Recourse..........................................................5
10.10eadings.............................................................5
10.11overning Law........................................................5
10.12ntegration..........................................................5
10.13ights of Credit Enhancer To Exercise Rights of Certificateholders...5
Signatures .............................................................40
EXHIBIT
Exhibit A - Form of Certificate.........................................A-1
Exhibit B - Certificate of Trust of Residential Home Equity
Loan Trust 1997-GMACM4 ....................B-1
Exhibit C - Form of 144A Investment Representation......................C-1
Exhibit D - Form of Investor Representation Letter......................D-1
Exhibit E - Form of Transferor Representation Letter....................E-1
Exhibit F - Form of Certificate of Non-Foreign Status...................F-1
Exhibit G - Form of ERISA Representation Letter........................ G-1
Exhibit H - Form of Representation Letter...............................H-1
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This Amended and Restated Trust Agreement, dated as of August 28, 1997
(as amended from time to time, this "Trust Agreement"), between RESIDENTIAL
FUNDING MORTGAGE SECURITIES II, INC., a Delaware corporation, as Depositor (the
"Depositor") and Wilmington Trust Company, a Delaware banking corporation, as
Owner Trustee (the "Owner Trustee"),
WITNESSETH THAT:
In consideration of the mutual agreements herein contained, the
Depositor and the Owner Trustee agree as follows:
WHEREAS, the Depositor and the Owner Trustee entered into a trust
agreement dated as of August 25, 1997, in connection with the formation of a
Delaware business trust (the "Original Trust Agreement");
WHEREAS, the Depositor and the Owner Trustee wish to amend and restate the
Original Trust Agreement; ARTICLE I
Definitions
Section 1.01. Definitions. For all purposes of this Trust Agreement,
except as otherwise expressly provided herein or unless the context otherwise
requires, capitalized terms not otherwise defined herein shall have the meanings
assigned to such terms in Appendix A to the Indenture dated August 28, 1997 (the
"Indenture"), between Home Equity Loan Trust 1997- GMACM4, as issuer, and The
Chase Manhattan Bank, as indenture trustee. All other capitalized terms used
herein shall have the meanings specified herein.
Section 1.02. Other Definitional Provisions.
(a) All terms defined in this Trust Agreement shall have the defined
meanings when used in any certificate or other document made or delivered
pursuant hereto unless otherwise defined therein.
(b) As used in this Trust Agreement and in any certificate or other
document made or delivered pursuant hereto or thereto, accounting terms not
defined in this Trust Agreement or in any such certificate or other document,
and accounting terms partly defined in this Trust Agreement or in any such
certificate or other document to the extent not defined, shall have the
respective meanings given to them under generally accepted accounting
principles. To the extent that the definitions of accounting terms in this Trust
Agreement or in any such certificate or other document are inconsistent with the
meanings of such terms under generally accepted accounting principles, the
definitions contained in this Trust Agreement or in any such certificate or
other document shall control.
(c) The words "hereof," "herein," "hereunder" and words of similar
import when used in this Trust Agreement shall refer to this Trust Agreement as
a whole and not to any
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particular provision of this Trust Agreement; Section and Exhibit references
contained in this Trust Agreement are references to Sections and Exhibits in or
to this Trust Agreement unless otherwise specified; and the term "including"
shall mean "including without limitation".
(d) The definitions contained in this Trust Agreement are applicable to
the singular as well as the plural forms of such terms and to the masculine as
well as to the feminine and neuter genders of such terms.
(e) Any agreement, instrument or statute defined or referred to herein
or in any instrument or certificate delivered in connection herewith means such
agreement, instrument or statute as from time to time amended, modified or
supplemented and includes (in the case of agreements or instruments) references
to all attachments thereto and instruments incorporated therein; references to a
Person are also to its permitted successors and assigns.
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ARTICLE II
Organization
Section 2.01. Name. The trust created hereby (the "Trust") shall be
known as "Home Equity Loan Trust 1997-GMACM4," in which name the Owner Trustee
may conduct the business of the Trust, make and execute contracts and other
instruments on behalf of the Trust and sue and be sued.
Section 2.02. Office. The office of the Trust shall be in care of the Owner
Trustee at the Corporate Trust Office or at such other address in Delaware as
the Owner Trustee may designate by written notice to the Certificateholders and
the Depositor.
Section 2.03. Purposes and Powers. The purpose of the Trust is to engage in
the following activities:
(i) to issue the Notes pursuant to the Indenture and the Certificates
pursuant to this Trust Agreement and to sell the Notes and the Certificates;
(ii) to purchase the Revolving Credit Loans and to pay the organizational,
start- up and transactional expenses of the Trust;
(iii) to assign, grant, transfer, pledge and convey the
Revolving Credit Loans pursuant to the Indenture and to hold, manage
and distribute to the Certificateholders pursuant to Section 5.01 any
portion of the Revolving Credit Loans released from the Lien of, and
remitted to the Trust pursuant to the Indenture;
(iv) to enter into and perform its obligations under the Basic Documents to
which it is to be a party;
(v) to engage in those activities, including entering into
agreements, that are necessary, suitable or convenient to accomplish
the foregoing or are incidental thereto or connected therewith,
including, without limitation, to accept additional contributions of
equity that are not subject to the Lien of the Indenture; and
(vi) subject to compliance with the Basic Documents, to engage
in such other activities as may be required in connection with
conservation of the Owner Trust Estate and the making of distributions
to the Certificateholders and the Noteholders.
The Trust is hereby authorized to engage in the foregoing activities. The Trust
shall not engage in any activity other than in connection with the foregoing or
other than as required or authorized by the terms of this Trust Agreement or the
Basic Documents while any Note is outstanding without the consent of a majority
of the Certificateholders and the Indenture Trustee.
Section 2.04. Appointment of Owner Trustee. The Depositor hereby appoints
the Owner Trustee as trustee of the Trust effective as of the date hereof, to
have all the rights, powers and duties set forth herein.
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Section 2.05. Initial Capital Contribution of Owner Trust Estate. The
Depositor hereby sells, assigns, transfers, conveys and sets over to the Trust,
as of the date hereof, the sum of $1. The Owner Trustee hereby acknowledges
receipt in trust from the Depositor, as of the date hereof, of the foregoing
contribution, which shall constitute the initial corpus of the Trust and shall
be deposited in the Certificate Distribution Account. The Owner Trustee also
acknowledges on behalf of the Issuer, the receipt in trust of the Revolving
Credit Loans and a Credit Enhancement Instrument assigned to the Trust pursuant
to Section 3.01, which shall constitute the Owner Trust Estate.
Section 2.06. Declaration of Trust. The Owner Trustee hereby declares
that it shall hold the Owner Trust Estate in trust upon and subject to the
conditions set forth herein for the use and benefit of the Certificateholders,
subject to the obligations of the Trust under the Basic Documents. It is the
intention of the parties hereto that the Trust constitute a business trust under
the Business Trust Statute and that this Trust Agreement constitute the
governing instrument of such business trust. Effective as of the date hereof,
the Owner Trustee shall have all rights, powers and duties set forth herein and
in the Business Trust Statute with respect to accomplishing the purposes of the
Trust.
Section 2.07. Title to Trust Property. Legal title to the Owner Trust
Estate shall be vested at all times in the Trust as a separate legal entity
except where applicable law in any jurisdiction requires title to any part of
the Owner Trust Estate to be vested in a trustee or trustees, in which case
title shall be deemed to be vested in the Owner Trustee, a co-trustee and/or a
separate trustee, as the case may be.
Section 2.08. Situs of Trust. The Trust will be located and
administered in the State of Delaware. All bank accounts maintained by the Owner
Trustee on behalf of the Trust shall be located in the State of Delaware or the
State of New York. The Trust shall not have any employees in any state other
than Delaware; provided, however, that nothing herein shall restrict or prohibit
the Owner Trustee from having employees within or without the State of Delaware
or taking actions outside the State of Delaware in order to comply with Section
2.03. Payments will be received by the Trust only in Delaware or New York, and
payments will be made by the Trust only from Delaware or New York. The only
office of the Trust will be at the Corporate Trust Office in Delaware.
Section 2.9. Representations and Warranties of the Depositor. The Depositor
hereby represents and warrants to the Owner Trustee that:
(i) The Depositor is duly organized and validly existing
as a corporation in good standing under the laws of the State of
Delaware, with power and authority to own its properties and to conduct
its business as such properties are currently owned and such business
is presently conducted.
(ii) The Depositor is duly qualified to do business as a
foreign corporation in good standing and has obtained all necessary
licenses and approvals in all jurisdictions in which the ownership or
lease of its property or the conduct of its business shall require such
qualifications and in which the failure to so qualify would have a
material adverse
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effect on the business, properties, assets or condition (financial or
other) of the Depositor and the ability of the Depositor to perform
under this Trust Agreement.
(iii) The Depositor has the power and authority to execute
and deliver this Trust Agreement and to carry out its terms; the
Depositor has full power and authority to sell and assign the property
to be sold and assigned to and deposited with the Trust as part of the
Trust and the Depositor has duly authorized such sale and assignment
and deposit to the Trust by all necessary corporate action; and the
execution, delivery and performance of this Trust Agreement have been
duly authorized by the Depositor by all necessary corporate action.
(iv) The consummation of the transactions contemplated by
this Trust Agreement and the fulfillment of the terms hereof do not
conflict with, result in any breach of any of the terms and provisions
of, or constitute (with or without notice or lapse of time) a default
under, the articles of incorporation or bylaws of the Depositor, or any
indenture, agreement or other instrument to which the Depositor is a
party or by which it is bound; nor result in the creation or imposition
of any Lien upon any of its properties pursuant to the terms of any
such indenture, agreement or other instrument (other than pursuant to
the Basic Documents); nor violate any law or, to the best of the
Depositor's knowledge, any order, rule or regulation applicable to the
Depositor of any court or of any federal or state regulatory body,
administrative agency or other governmental instrumentality having
jurisdiction over the Depositor or its properties.
Section 2.10. Payment of Trust Fees. The Owner Trustee shall pay the
Trust's fees and expenses incurred with respect to the performance of the
Trust's duties under the Indenture.
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ARTICLE III
Conveyance of the Revolving Credit Loans;
Certificates
Section 3.01. Conveyance of the Revolving Credit Loans. The Depositor,
concurrently with the execution and delivery hereof, does hereby transfer,
convey, sell and assign to the Trust, on behalf of the Holders of the Notes and
the Certificates and the Credit Enhancer, without recourse, all its right, title
and interest in and to the Revolving Credit Loans. The Depositor will also
provide the Trust with the Credit Enhancement Instrument.
The parties hereto intend that the transaction set forth herein be a
sale by the Depositor to the Trust of all of its right, title and interest in
and to the Revolving Credit Loans. In the event that the transaction set forth
herein is not deemed to be a sale, the Depositor hereby grants to the Trust a
security interest in all of its right, title and interest in, to and under the
Owner Trust Estate, all distributions thereon and all proceeds thereof; and this
Trust Agreement shall constitute a security agreement under applicable law.
Section 3.02. Initial Ownership. Upon the formation of the Trust by the
contribution by the Depositor pursuant to Section 2.05 and until the conveyance
of the Revolving Credit Loans pursuant to Section 3.01 and the issuance of the
Certificates, the Depositor shall be the sole Certificateholder.
Section 3.03. The Initial Certificates; The Variable Funding
Certificates. The Certificates shall be issued in minimum denominations of a
Certificate Percentage Interest of 10.0000% and integral multiples of 0.0001% in
excess thereof; provided, however, that Certificates may be issued in minimum
denominations of less than 10.0000% in accordance with the provisions of Section
3.12.
The Certificates shall be executed on behalf of the Trust by manual or
facsimile signature of an authorized officer of the Owner Trustee and
authenticated in the manner provided in Section 3.04. Certificates bearing the
manual or facsimile signatures of individuals who were, at the time when such
signatures shall have been affixed, authorized to sign on behalf of the Trust,
shall be validly issued and entitled to the benefit of this Trust Agreement,
notwithstanding that such individuals or any of them shall have ceased to be so
authorized prior to the authentication and delivery of such Certificates or did
not hold such offices at the date of authentication and delivery of such
Certificates. A Person shall become a Certificateholder and shall be entitled to
the rights and subject to the obligations of a Certificateholder hereunder upon
such Person's acceptance of a Certificate duly registered in such Person's name,
pursuant to Section 3.05.
A transferee of a Certificate shall become a Certificateholder and
shall be entitled to the rights and subject to the obligations of a
Certificateholder hereunder upon such transferee's acceptance of a Certificate
duly registered in such transferee's name pursuant to and upon satisfaction of
the conditions set forth in Section 3.05.
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Section 3.04. Authentication of Certificates. Concurrently with the
acquisition of the Revolving Credit Loans by the Trust, the Owner Trustee or the
Certificate Paying Agent shall cause the Certificates in an initial Certificate
Percentage Interest of 100.00% to be executed on behalf of the Trust,
authenticated and delivered to or upon the written order of the Depositor,
signed by its chairman of the board, its president or any vice president,
without further corporate action by the Depositor, in authorized denominations.
No Certificate shall entitle its holder to any benefit under this Trust
Agreement or be valid for any purpose unless there shall appear on such
Certificate a certificate of authentication substantially in the form set forth
in Exhibit A, executed by the Owner Trustee or the Certificate Paying Agent, by
manual signature; such authentication shall constitute conclusive evidence that
such Certificate shall have been duly authenticated and delivered hereunder. All
Certificates shall be dated the date of their authentication.
Section 3.05. Registration of and Limitations on Transfer and Exchange
of Certificates. The Certificate Registrar shall keep or cause to be kept, at
the office or agency maintained pursuant to Section 3.09, a Certificate Register
in which, subject to such reasonable regulations as it may prescribe, the
Certificate Registrar shall provide for the registration of Certificates and of
transfers and exchanges of Certificates as herein provided. The Indenture
Trustee shall be the initial Certificate Registrar. If the Certificate Registrar
resigns or is removed, the Owner Trustee shall appoint a successor Certificate
Registrar.
Subject to satisfaction of the conditions set forth below, upon
surrender for registration of transfer of any Certificate at the office or
agency maintained pursuant to Section 3.09, the Owner Trustee shall execute,
authenticate and deliver (or shall cause the Certificate Registrar as its
authenticating agent to authenticate and deliver) in the name of the designated
transferee or transferees, one or more new Certificates in authorized
denominations of a like aggregate amount dated the date of authentication by the
Owner Trustee or any authenticating agent. At the option of a Certificateholder,
Certificates may be exchanged for other Certificates of authorized denominations
of a like aggregate amount upon surrender of the Certificates to be exchanged at
the office or agency maintained pursuant to Section 3.09.
Every Certificate presented or surrendered for registration of transfer
or exchange shall be accompanied by a written instrument of transfer in form
satisfactory to the Certificate Registrar duly executed by the Certificateholder
or such Certificateholder's attorney duly authorized in writing. Each
Certificate surrendered for registration of transfer or exchange shall be
cancelled and subsequently disposed of by the Certificate Registrar in
accordance with its customary practice.
No service charge shall be made for any registration of transfer or
exchange of Certificates, but the Owner Trustee or 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.
Except as described below, each Certificateholder shall establish its
non-foreign status by submitting to the Certificate Paying Agent an IRS Form W-9
and the Certificate of Non-Foreign Status set forth in Exhibit F hereto.
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A Certificate may be transferred to a Certificateholder unable to
establish its non-foreign status as described in the preceding paragraph only if
such Certificateholder provides an Opinion of Counsel, which Opinion of Counsel
shall not be an expense of the Trust, the Owner Trustee, the Certificate
Registrar or the Depositor, satisfactory to the Depositor and the Credit
Enhancer, that such transfer (1) will not affect the tax status of the Owner
Trust and (2) will not adversely affect the interests of any Certificateholder,
Noteholder or the Credit Enhancer, including, without limitation, as a result of
the imposition of any United States federal withholding taxes on the Trust
(except to the extent that such withholding taxes would be payable solely from
amounts otherwise distributable to the Certificate of the prospective
transferee). If such transfer occurs and such foreign Certificateholder becomes
subject to such United States federal withholding taxes, any such taxes will be
withheld by the Indenture Trustee at the direction of the Trust Tax Matters
Person. Each Certificateholder unable to establish its non-foreign status shall
submit to the Certificate Paying Agent a copy of its Form W-8 and shall resubmit
such Form W-8 every three years.
No transfer, sale, pledge or other disposition of a Certificate shall
be made unless such transfer, sale, pledge or other disposition is exempt from
the registration requirements of the Securities Act and any applicable state
securities laws or is made in accordance with said Act and laws. In the event of
any such transfer, the Certificate Registrar or the Depositor shall prior to
such transfer require the transferee to execute (A) either (i) (a) an investment
letter in substantially the form attached hereto as Exhibit C (or in such form
and substance reasonably satisfactory to the Certificate Registrar and the
Depositor) which investment letters shall not be an expense of the Trust, the
Owner Trustee, the Certificate Registrar, the Master Servicer or the Depositor
and which investment letter states that, among other things, such transferee (a)
is a "qualified institutional buyer" as defined under Rule 144A, acting for its
own account or the accounts of other "qualified institutional buyers" as defined
under Rule 144A, and (b) is aware that the proposed transferor intends to rely
on the exemption from registration requirements under the Securities Act of
1933, as amended, provided by Rule 144A or (ii) (a) a written Opinion of Counsel
acceptable to and in form and substance satisfactory to the Certificate
Registrar and the Depositor that such transfer may be made pursuant to an
exemption, describing the applicable exemption and the basis therefor, from said
Act and laws or is being made pursuant to said Act and laws, which Opinion of
Counsel shall not be an expense of the Trust, the Owner Trustee, the Certificate
Registrar, the Master Servicer or the Depositor and (b) the transferee executes
a representation letter, substantially in the form of Exhibit D hereto, and the
transferor executes a representation letter, substantially in the form of
Exhibit E hereto, each acceptable to and in form and substance satisfactory to
the Certificate Registrar and the Depositor certifying the facts surrounding
such transfer, which representation letters shall not be an expense of the
Trust, the Owner Trustee, the Certificate Registrar, the Master Servicer or the
Depositor and (B) the Certificate of Non-Foreign Status (in substantially the
form attached hereto as Exhibit F) acceptable to and in form and substance
reasonably satisfactory to the Certificate Registrar and the Depositor, which
certificate shall not be an expense of the Trust, the Owner Trustee, the
Certificate Registrar or the Depositor. If the Certificateholder is unable to
provide a Certificate of Non-Foreign Status, the Certificateholder must provide
an Opinion of Counsel as described in the preceding paragraph. The
Certificateholder desiring to effect such transfer shall, and does hereby agree
to, indemnify the Trust, the Owner Trustee, the Certificate Registrar, the
Master Servicer and the Depositor against any liability that may result if the
transfer is not so exempt or is not made in accordance with such federal and
state laws.
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No transfer of Certificates or any interest therein shall be made to
any employee benefit plan or certain other retirement plans and arrangements,
including individual retirement accounts and annuities, Keogh plans and bank
collective investment funds and insurance company general or separate accounts
in which such plans, accounts or arrangements are invested, that are subject to
ERISA, or Section 4975 of the Code (collectively, "Plan"), any Person acting,
directly or indirectly, on behalf of any such Plan or any Person acquiring such
Certificates with "plan assets" of a Plan within the meaning of the Department
of Labor regulation promulgated at 29 C.F.R. ss.2510.3-101 ("Plan Assets")
unless the Depositor, the Owner Trustee, the Certificate Registrar and the
Master Servicer are provided with an Opinion of Counsel which establishes to the
satisfaction of the Depositor, the Owner Trustee, the Certificate Registrar and
the Master Servicer that the purchase of Certificates is permissible under
applicable law, will not constitute or result in any prohibited transaction
under ERISA or Section 4975 of the Code and will not subject the Depositor, the
Owner Trustee, the Certificate Registrar or the Master Servicer to any
obligation or liability (including obligations or liabilities under ERISA or
Section 4975 of the Code) in addition to those undertaken in this Agreement,
which Opinion of Counsel shall not be an expense of the Depositor, the Owner
Trustee, the Certificate Registrar or the Master Servicer. In lieu of such
Opinion of Counsel, a Plan, any Person acting, directly or indirectly, on behalf
of any such Plan or any Person acquiring such Certificates with Plan Assets of a
Plan may provide a certification in the form of Exhibit G to this Agreement,
which the Depositor, the Owner Trustee, the Certificate Registrar and the Master
Servicer may rely upon without further inquiry or investigation. Neither an
Opinion of Counsel nor a certification will be required in connection with the
initial transfer of any such Certificate by the Depositor to an affiliate of the
Depositor (in which case, the Depositor or any affiliate thereof shall have
deemed to have represented that such affiliate is not a Plan or a Person
investing Plan Assets of any Plan) and the Owner Trustee shall be entitled to
conclusively rely upon a representation (which, upon the request of the Owner
Trustee, shall be a written representation) from the Depositor of the status of
such transferee as an affiliate of the Depositor.
In addition, no transfer of a Certificate shall be permitted, and no
such transfer shall be registered by the Certificate Registrar or be effective
hereunder, unless evidenced by an Opinion of Counsel, which establishes that
such transfer or the registration of such transfer would not cause the Trust to
be classified as a publicly traded partnership, by having more than 100
Certificateholders at any time during the taxable year of the Trust, an
association taxable as a corporation, a corporation or a taxable mortgage pool
for federal and relevant state income tax purposes.
In addition, no transfer, sale, assignment, pledge or other disposition
of a Certificate shall be made unless the proposed transferee executes a
representation letter substantially in the form of Exhibit D, or substantially
in the form of Exhibit H hereto, that (1) the transferee is acquiring the
Certificate for its own behalf and is not acting as agent or custodian for any
other person or entity in connection with such acquisition and (2) if the
transferee is a partnership, grantor trust or S corporation for federal income
tax purposes, the Certificates are not more than 50% of the assets of the
partnership, grantor trust or S corporation.
Section 3.06. Mutilated, Destroyed, Lost or Stolen Certificates. If (a) any
mutilated Certificate shall be surrendered to the Certificate Registrar, or if
the Certificate Registrar shall receive evidence to its satisfaction of the
destruction, loss or theft of any Certificate and (b) there
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shall be delivered to the Certificate Registrar and the Owner Trustee such
security or indemnity as may be required by them to save each of them and the
Issuer from harm, then in the absence of notice to the Certificate Registrar or
the Owner Trustee that such Certificate has been acquired by a bona fide
purchaser, the Owner Trustee shall execute on behalf of the Trust and the Owner
Trustee or the Certificate Paying Agent, as the Trust's authenticating agent,
shall authenticate and deliver, in exchange for or in lieu of any such
mutilated, destroyed, lost or stolen Certificate, a new Certificate of like
tenor and denomination. In connection with the issuance of any new Certificate
under this Section 3.06, the Owner Trustee or the Certificate Registrar may
require the payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection therewith. Any duplicate Certificate
issued pursuant to this Section 3.06 shall constitute conclusive evidence of
ownership in the Trust, as if originally issued, whether or not the lost, stolen
or destroyed Certificate shall be found at any time.
Section 3.07. Persons Deemed Certificateholders. Prior to due
presentation of a Certificate for registration of transfer, the Owner Trustee,
the Certificate Registrar or any Certificate Paying Agent may treat the Person
in whose name any Certificate is registered in the Certificate Register as the
owner of such Certificate for the purpose of receiving distributions pursuant to
Section 5.02 and for all other purposes whatsoever, and none of the Trust, the
Owner Trustee, the Certificate Registrar or any Paying Agent shall be bound by
any notice to the contrary.
Section 3.08. Access to List of Certificateholders' Names and
Addresses. The Certificate Registrar shall furnish or cause to be furnished to
the Depositor or the Owner Trustee, within 15 days after receipt by the
Certificate Registrar of a written request therefor from the Depositor or the
Owner Trustee, a list, in such form as the Depositor or the Owner Trustee, as
the case may be, may reasonably require, of the names and addresses of the
Certificateholders as of the most recent Record Date. Each Holder, by receiving
and holding a Certificate, shall be deemed to have agreed not to hold any of the
Trust, the Depositor, the Certificate Registrar or the Owner Trustee accountable
by reason of the disclosure of its name and address, regardless of the source
from which such information was derived.
Section 3.09. Maintenance of Office or Agency. The Owner Trustee on
behalf of the Trust, shall maintain in the City of New York, The City of New
York, an office or offices or agency or agencies where Certificates may be
surrendered for registration of transfer or exchange and where notices and
demands to or upon the Owner Trustee in respect of the Certificates and the
Basic Documents may be served. The Owner Trustee initially designates the
Corporate Trust Office of the Indenture Trustee as its office for such purposes.
The Owner Trustee shall give prompt written notice to the Depositor and the
Certificateholders of any change in the location of the Certificate Register or
any such office or agency.
Section 3.10. Certificate Paying Agent. (a) The Certificate Paying
Agent shall make distributions to Certificateholders from the Certificate
Distribution Account on behalf of the Trust in accordance with the provisions of
the Certificates and Section 5.01 hereof from payments remitted to the
Certificate Paying Agent by the Indenture Trustee pursuant to Section 3.05 of
the Indenture. The Trust hereby appoints the Indenture Trustee as Certificate
Paying Agent and the Indenture Trustee hereby accepts such appointment and
further agrees that it will be bound by the provisions of this Trust Agreement
relating to the Certificate Paying Agent and shall:
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(i) hold all sums held by it for the payment of amounts
due with respect to the Certificates in trust for the benefit of the
Persons entitled thereto until such sums shall be paid to such Persons
or otherwise disposed of as herein provided;
(ii) give the Owner Trustee notice of any default by the
Trust of which it has actual knowledge in the making of any payment
required to be made with respect to the Certificates;
(iii) at any time during the continuance of any such
default, upon the written request of the Owner Trustee forthwith pay to
the Owner Trustee on behalf of the Trust all sums so held in Trust by
such Certificate Paying Agent;
(iv) immediately resign as Certificate Paying Agent and
forthwith pay to the Owner Trustee on behalf of the Trust all sums held
by it in trust for the payment of Certificates if at any time it ceases
to meet the standards required to be met by the Certificate Paying
Agent at the time of its appointment;
(v) comply with all requirements of the Code with
respect to the withholding from any payments made by it on any
Certificates of any applicable withholding taxes imposed thereon and
with respect to any applicable reporting requirements in connection
therewith; and
(vi) deliver to the Owner Trustee a copy of the report
to Certificateholders prepared with respect to each Payment Date by the
Administrator pursuant to Section 4.01 of the Servicing Agreement.
(b) The Trust may revoke such power and remove the Certificate Paying
Agent if the Owner Trustee determines in its sole discretion that the
Certificate Paying Agent shall have failed to perform its obligations under this
Trust Agreement in any material respect. The Indenture Trustee shall be
permitted to resign as Certificate Paying Agent upon 30 days written notice to
the Owner Trustee; provided the Indenture Trustee is also resigning as Paying
Agent under the Indenture at such time. In the event that the Indenture Trustee
shall no longer be the Certificate Paying Agent under this Trust Agreement and
Paying Agent under the Indenture, the Owner Trustee shall appoint a successor to
act as Certificate Paying Agent (which shall be a bank or trust company) and
which shall also be the successor Paying Agent under the Indenture. The Owner
Trustee shall cause such successor Certificate Paying Agent or any additional
Certificate Paying Agent appointed by the Owner Trustee to execute and deliver
to the Owner Trustee an instrument to the effect set forth in this Section 3.10
as it relates to the Certificate Paying Agent. The Certificate Paying Agent
shall return all unclaimed funds to the Trust and upon removal of a Certificate
Paying Agent such Certificate Paying Agent shall also return all funds in its
possession to the Trust. The provisions of Sections 6.01, 6.03, 6.04 and 7.01
shall apply to the Certificate Paying Agent to the extent applicable. Any
reference in this Agreement to the Certificate Paying Agent shall include any
co-paying agent unless the context requires otherwise.
(c) The Certificate Paying Agent shall establish and maintain with
itself the Certificate Distribution Account in which the Certificate Paying
Agent shall deposit, on the same day as it is received from the Indenture
Trustee, each remittance received by the Certificate Paying Agent
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with respect to payments made pursuant to the Indenture. The Certificate Paying
Agent shall make all distributions of Certificate Distribution Amounts,
Certificate Preferred Return and any Interest Shortfalls on the Certificates,
from moneys on deposit in the Certificate Distribution Account.
Section 3.11. Cooperation. The Owner Trustee shall cooperate in all
respects with any reasonable request by the Credit Enhancer for action to
preserve or enforce the Credit Enhancer's rights or interest under this Trust
Agreement or the Insurance Agreement, consistent with this Trust Agreement and
without limiting the rights of the Certificateholders as otherwise expressly set
forth in this Trust Agreement.
Section 3.12. Additional Certificate Security Balances Upon Issuance of
Capped Funding Notes. (a) On any date on which Variable Funding Notes are
exchanged for Capped Funding Notes pursuant to Section 4.01(d) of the Indenture,
the Security Balance of one or more Certificates may be increased in an amount
equal to the Additional Certificate Security Balance as required pursuant to the
Opinion of Counsel required to be delivered pursuant to Section 4.01(d) of the
Indenture in connection with the issuance of the Capped Funding Notes.
(a) 100.00% of the value of the Additional Certificate Security Balance
shall be added to any Certificate held by the Designated Seller or an Affiliate
thereof without the consent of the other Certificateholders; or if no such
Certificate exists, a new Certificate or Certificates shall be issued at the
direction of the Designated Seller or an Affiliate thereof having in the
aggregate a Security Balance equal to such 100.00% of such value. Alternatively,
the Depositor may allocate any portion of such value to a Certificateholder
other than the Depositor or an Affiliate thereof, provided that such
Certificateholder provides its written consent to the Depositor and the Owner
Trustee.
(b) Following such increase, the Certificate Percentage Interest of
each Certificate shall be recalculated, the numerator of which shall be the
value thereof including the respective value of the portion of the Additional
Certificate Security Balance added thereto pursuant to this Section 3.12, and
the denominator of which shall be the value of all the Certificates following
such increase. The Owner Trustee shall issue new Certificates with new
Certificate Percentage Interests to each Holder of the Certificates, with such
Certificate Percentage Interests calculated to four decimal places. In addition,
the new Certificates may be issued in minimum denominations of 0.0001% and
integral multiples of 0.0001% in excess thereof.
(c) For purposes of the foregoing, the "value" of any Certificate or
any Additional Certificate Security Balance added thereto shall be determined by
the Seller in its sole discretion based on reasonable cash flow assumptions and
valuation methods, and any such determination shall be binding on the
Certificateholders. If the Seller is unable to determine the "value," the Owner
Trustee shall determine the "value" using the same assumptions and methods.
(d) The Owner Trustee, the Indenture Trustee and the Issuer agree to
cooperate with each other and the Depositor and the Seller and to cause no
unreasonable delay in adjusting the Certificate Percentage Interests of the
Certificates pursuant to this Section 3.12 and the issuing of Capped Funding
Notes in connection with Section 4.01(d) of the Trust Agreement.
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ARTICLE IV
Authority and Duties of Owner Trustee
Section 4.01. General Authority. The Owner Trustee is authorized and
directed to execute and deliver the Basic Documents to which the Trust is to be
a party and each certificate or other document attached as an exhibit to or
contemplated by the Basic Documents to which the Trust is to be a party and any
amendment or other agreement or instrument described herein, in each case, in
such form as the Owner Trustee shall approve, as evidenced conclusively by the
Owner Trustee's execution thereof. In addition to the foregoing, the Owner
Trustee is obligated to take all actions required of the Trust pursuant to the
Basic Documents.
Section 4.02. General Duties. The Owner Trustee shall be responsible to
administer the Trust pursuant to the terms of this Trust Agreement and the Basic
Documents to which the Trust is a party and in the interest of the
Certificateholders, subject to the Basic Documents and in accordance with the
provisions of this Trust Agreement.
Section 4.03. Action upon Instruction. (a) Subject to this Article IV and
in accordance with the terms of the Basic Documents, the Certificateholders may
by written instruction direct the Owner Trustee in the management of the Trust.
Such direction may be exercised at any time by written instruction of the
Certificateholders pursuant to this Article IV.
(b) Notwithstanding the foregoing, the Owner Trustee shall not be
required to take any action hereunder or under any Basic Document if the Owner
Trustee shall have reasonably determined, or shall have been advised by counsel,
that such action is likely to result in liability on the part of the Owner
Trustee or is contrary to the terms hereof or of any Basic Document or is
otherwise contrary to law.
(c) Whenever the Owner Trustee is unable to decide between alternative
courses of action permitted or required by the terms of this Trust Agreement or
under any Basic Document, or in the event that the Owner Trustee is unsure as to
the application of any provision of this Trust Agreement or any Basic Document
or any such provision is ambiguous as to its application, or is, or appears to
be, in conflict with any other applicable provision, or in the event that this
Trust Agreement permits any determination by the Owner Trustee or is silent or
is incomplete as to the course of action that the Owner Trustee is required to
take with respect to a particular set of facts, the Owner Trustee shall promptly
give notice (in such form as shall be appropriate under the circumstances) to
the Certificateholders (with a copy to the Credit Enhancer) requesting
instruction as to the course of action to be adopted, and to the extent the
Owner Trustee acts in good faith in accordance with any written instructions
received from Holders of Certificates representing a majority of the Security
Balance thereof, the Owner Trustee shall not be liable on account of such action
to any Person. If the Owner Trustee shall not have received appropriate
instruction within 10 days of such notice (or within such shorter period of time
as reasonably may be specified in such notice or may be necessary under the
circumstances) it may, but shall be under no duty to, take or refrain from
taking such action not inconsistent with this Trust Agreement or the Basic
Documents, as it shall deem to be in the best interests of the
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Certificateholders, and the Owner Trustee shall have no liability to any Person
for such action or inaction.
Section 4.04. No Duties Except as Specified under Specified Documents
or in Instructions. The Owner Trustee shall not have any duty or obligation to
manage, make any payment with respect to, register, record, sell, dispose of, or
otherwise deal with the Owner Trust Estate, or to otherwise take or refrain from
taking any action under, or in connection with, any document contemplated hereby
to which the Owner Trustee is a party, except as expressly provided (i) in
accordance with the powers granted to and the authority conferred upon the Owner
Trustee pursuant to this Trust Agreement, (ii) in accordance with the Basic
Documents and (iii) in accordance with any document or instruction delivered to
the Owner Trustee pursuant to Section 4.03; and no implied duties or obligations
shall be read into this Trust Agreement or any Basic Document against the Owner
Trustee. The Owner 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 or to prepare or file any Securities and Exchange Commission filing
for the Trust or to record this Trust Agreement or any Basic Document. The Owner
Trustee nevertheless agrees that it will, at its own cost and expense, promptly
take all action as may be necessary to discharge any liens on any part of the
Owner Trust Estate that result from actions by, or claims against, the Owner
Trustee that are not related to the ownership or the administration of the Owner
Trust Estate.
Section 4.05. Restrictions. (a) The Owner Trustee shall not take any
action (x) that is inconsistent with the purposes of the Trust set forth in
Section 2.03 or (y) that, to the actual knowledge of the Owner Trustee, would
result in the Trust becoming taxable as a corporation for federal income tax
purposes. The Certificateholders shall not direct the Owner Trustee to take
action that would violate the provisions of this Section 4.05.
(b) The Owner Trustee shall not convey or transfer any of the Trust's
properties or assets, including those included in the Trust Estate, to any
person unless (a) it shall have received an Opinion of Counsel to the effect
that such transaction will not have any material adverse tax consequence to the
Trust or any Certificateholder and (b) such conveyance or transfer shall not
violate the provisions of Section 3.16(b) of the Indenture.
Section 4.06. Prior Notice to Certificateholders and the Credit
Enhancer with Respect to Certain Matters. With respect to the following matters,
the Owner Trustee shall not take action unless at least 30 days before the
taking of such action, the Owner Trustee shall have notified the
Certificateholders and the Credit Enhancer in writing of the proposed action and
Holders of Certificates representing a majority of the Security Balance thereof
and the Credit Enhancer shall not have notified the Owner Trustee in writing
prior to the 30th day after such notice is given that such Certificateholders
have withheld consent or provided alternative direction:
(a) the initiation of any claim or lawsuit by the Trust (except claims
or lawsuits brought in connection with the collection of cash distributions due
and owing under the Revolving Credit Loans) and the compromise of any action,
claim or lawsuit brought by or against the Trust (except with respect to the
aforementioned claims or lawsuits for collection of cash distributions due and
owing under the Revolving Credit Loans);
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(b) the election by the Trust to file an amendment to the Certificate of
Trust (unless such amendment is required to be filed under the Business Trust
Statute);
(c) the amendment of the Indenture by a supplemental indenture in
circumstances where the consent of any Noteholder is required;
(d) the amendment of the Indenture by a supplemental indenture in
circumstances where the consent of any Noteholder is not required and such
amendment materially adversely affects the interest of the Certificateholders;
(e) the appointment pursuant to the Indenture of a successor Note
Registrar, Paying Agent or Indenture Trustee or pursuant to this Trust Agreement
of a successor Certificate Registrar or Certificate Paying Agent or the consent
to the assignment by the Note Registrar, Paying Agent, Indenture Trustee,
Certificate Registrar or Certificate Paying Agent of its obligations under the
Indenture or this Trust Agreement, as applicable.
Section 4.07. Action by Certificateholders with Respect to Certain
Matters. The Owner Trustee shall not have the power, except upon the direction
of Certificateholders evidencing not less than a majority of the outstanding
Security Balance of the Certificates, and with the consent of the Credit
Enhancer, to (a) remove the Master Servicer under the Servicing Agreement
pursuant to Sections 7.01 and 8.05 thereof or (b) except as expressly provided
in the Basic Documents, sell the Revolving Credit Loans after the termination of
the Indenture. The Owner Trustee shall take the actions referred to in the
preceding sentence only upon written instructions signed by Certificateholders
evidencing not less than a majority of the outstanding Security Balance of the
Certificates and with the consent of the Credit Enhancer.
Section 4.08. Action by Certificateholders with Respect to Bankruptcy.
The Owner Trustee shall not have the power to commence a voluntary proceeding in
bankruptcy relating to the Trust without the unanimous prior approval of all
Certificateholders and with the consent of the Credit Enhancer and the delivery
to the Owner Trustee by each such Certificateholder of a certificate certifying
that such Certificateholder reasonably believes that the Trust is insolvent.
Section 4.09. Restrictions on Certificateholders' Power. The
Certificateholders shall not direct the Owner Trustee to take or to refrain from
taking any action if such action or inaction would be contrary to any obligation
of the Trust or the Owner Trustee under this Trust Agreement or any of the Basic
Documents or would be contrary to Section 2.03, nor shall the Owner Trustee be
obligated to follow any such direction, if given.
Section 4.10. Majority Control. Except as expressly provided herein,
any action that may be taken by the Certificateholders under this Trust
Agreement may be taken by the Certificateholders evidencing not less than a
majority of the outstanding Security Balance of the Certificates. Except as
expressly provided herein, any written notice of the Certificateholders
delivered pursuant to this Trust Agreement shall be effective if signed by
Certificateholders evidencing not less than a majority of the outstanding
Security Balance of the Certificates at the time of the delivery of such notice.
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Section 4.11. Doing Business in Other Jurisdictions. Notwithstanding
anything contained herein to the contrary, neither Wilmington Trust Company nor
the Owner Trustee shall be required to take any action in any jurisdiction other
than in the State of Delaware if the taking of such action will, even after the
appointment of a co-trustee or separate trustee in accordance with Section 9.05
hereof, (i) require the consent or approval or authorization or order of or the
giving of notice to, or the registration with or the taking of any other action
in respect of, any state or other governmental authority or agency of any
jurisdiction other than the State of Delaware; (ii) result in any fee, tax or
other governmental charge under the laws of the State of Delaware becoming
payable by Wilmington Trust Company, or (iii) subject Wilmington Trust Company
to personal jurisdiction in any jurisdiction other than the State of Delaware
for causes of action arising from acts unrelated to the consummation of the
transactions by Wilmington Trust Company or the Owner Trustee, as the case may
be, contemplated hereby.
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ARTICLE V
Application of Trust Funds
Section 5.01. Distributions. (a) On each Payment Date, the Certificate
Paying Agent shall distribute to the Certificateholders all funds on deposit in
the Certificate Distribution Account and available therefor (as provided in
Section 3.05 of the Indenture), as the Certificate Distribution Amount for such
Payment Date. All distributions made pursuant to this Section shall be
distributed to the Certificateholders on a pro rata basis based on the
Certificate Percentage Interests thereof.
(b) In the event that any withholding tax is imposed on the
distributions (or allocations of income) to a Certificateholder, such tax shall
reduce the amount otherwise distributable to the Certificateholder in accordance
with this Section 5.01. The Certificate Paying Agent is hereby authorized and
directed to retain or cause to be retained from amounts otherwise distributable
to the Certificateholders sufficient funds for the payment of any tax that is
legally owed by the Trust (but such authorization shall not prevent the Owner
Trustee from contesting any such tax in appropriate proceedings, and withholding
payment of such tax, if permitted by law, pending the outcome of such
proceedings). The amount of any withholding tax imposed with respect to a
Certificateholder shall be treated as cash distributed to such Certificateholder
at the time it is withheld by the Certificate Paying Agent and remitted to the
appropriate taxing authority. If there is a possibility that withholding tax is
payable with respect to a distribution (such as a distribution to a non-U.S.
Certificateholder), the Certificate Paying Agent may in its sole discretion
withhold such amounts in accordance with this paragraph (b).
(c) Distributions to Certificateholders shall be subordinated to the
creditors of the Trust, including the Noteholders.
(d) Distributions to Certificateholders shall be subordinated to the
creditors of the Trust, including the Noteholders.
Section 5.02. Method of Payment. Subject to Section 8.01(c),
distributions required to be made to Certificateholders on any Payment Date as
provided in Section 5.01 shall be made to each Certificateholder of record on
the preceding Record Date either by, in the case of any Certificateholder owning
Certificates having denominations aggregating at least $1,000,000, wire
transfer, in immediately available funds, to the account of such Holder at a
bank or other entity having appropriate facilities therefor, if such
Certificateholder shall have provided to the Certificate Registrar appropriate
written instructions at least five Business Days prior to such Payment Date or,
if not, by check mailed to such Certificateholder at the address of such Holder
appearing in the Certificate Register.
Section 5.03. Signature on Returns. The Administrator, as the tax matters
partner, shall sign on behalf of the Trust the tax returns of the Trust.
Section 5.04. Statements to Certificateholders. On each Payment Date, the
Certificate Paying Agent shall send to each Certificateholder the statement or
statements provided to the
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Owner Trustee and the Certificate Paying Agent by the Administrator pursuant to
Section 4.01 of the Servicing Agreement with respect to such Payment Date.
Section 5.05. Tax Reporting; Tax Elections. The Administrator,
Residential Funding Corporation, hereby undertakes to (i) prepare and deliver to
each member of the Trust, within ninety(390) days after the expiration of each
Fiscal Year of the Trust all information returns required by the Code and
information with respect to the Trust necessary for the preparation of the
members' federal income tax returns (ii) prepare all income tax returns of the
Trust in all jurisdictions where in its judgment such filings are required or
where it is directed by the Trust to file such income tax returns and (iii)
deliver such returns to the Owner Trustee not less than one week prior to their
due date in order for such returns to be timely filed. Pursuant to Treasury
Regulation ss. 301.7701-2(c)(2), the Administrator does not intend to file any
income tax returns of the Trust as long as the Trust has a single owner of the
Certificates.
The Administrator, shall (i) act on behalf of the Trust in relation to
any tax matter or controversy involving the Trust and (ii) represent the Trust
in any administrative or judicial proceeding relating to tax examination or
audit by any governmental taxing authority with respect thereto. The legal
expenses, including without limitation attorneys' and accountants' fees, and
costs of any such proceeding and any liability resulting therefrom shall be
expenses of the Trust and the Administrator shall be entitled to reimbursement
therefor out of amounts attributable to the Revolving Credit Loans on deposit in
the Custodial Account as provided by Section 3.03 of the Servicing Agreement
unless such legal expenses and costs are incurred by reason of the
Administrator's willful misfeasance, bad faith or gross negligence.
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ARTICLE VI
Concerning the Owner Trustee
Section 6.01. Acceptance of Trusts and Duties. The Owner Trustee
accepts the trusts hereby created and agrees to perform its duties hereunder
with respect to such trusts but only upon the terms of this Trust Agreement. The
Owner Trustee and the Certificate Paying Agent also agree to disburse all moneys
actually received by it constituting part of the Owner Trust Estate upon the
terms of the Basic Documents and this Trust Agreement. The Owner Trustee shall
not be answerable or accountable hereunder or under any Basic Document under any
circumstances, except (i) for its own willful misconduct, negligence or bad
faith or negligent failure to act or (ii) in the case of the inaccuracy of any
representation or warranty contained in Section 6.03 expressly made by the Owner
Trustee. In particular, but not by way of limitation (and subject to the
exceptions set forth in the preceding sentence):
(a) No provision of this Trust Agreement or any Basic Document shall
require the Owner Trustee to expend or risk funds or otherwise incur any
financial liability in the performance of any of its rights, duties or powers
hereunder or under any Basic Document if the Owner Trustee shall have reasonable
grounds for believing that repayment of such funds or adequate indemnity against
such risk or liability is not reasonably assured or provided to it;
(b) Under no circumstances shall the Owner Trustee be liable for
indebtedness evidenced by or arising under any of the Basic Documents, including
the principal of and interest on the Notes;
(c) The Owner Trustee shall not be responsible for or in respect of the
validity or sufficiency of this Trust Agreement or for the due execution hereof
by the Depositor for the form, character, genuineness, sufficiency, value or
validity of any of the Owner Trust Estate, or for or in respect of the validity
or sufficiency of the Basic Documents, the Notes, the Certificates, other than
the certificate of authentication on the Certificates, if executed by the Owner
Trustee and the Owner Trustee shall in no event assume or incur any liability,
duty, or obligation to any Noteholder or to any Certificateholder, other than as
expressly provided for herein or expressly agreed to in the Basic Documents;
(d) The execution, delivery, authentication and performance by it of
this Trust Agreement will not require the authorization, consent or approval of,
the giving of notice to, the filing or registration with, or the taking of any
other action with respect to, any governmental authority or agency;
(e) The Owner Trustee shall not be liable for the default or misconduct
of the Depositor, Indenture Trustee or the Master Servicer under any of the
Basic Documents or otherwise and the Owner Trustee shall have no obligation or
liability to perform the obligations of the Trust under this Trust Agreement or
the Basic Documents that are required to be performed by the Indenture Trustee
under the Indenture or the Designated Seller under the Designated Seller's
Agreement; and
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(f) The Owner Trustee shall be under no obligation to exercise any of
the rights or powers vested in it or duties imposed by this Trust Agreement, or
to institute, conduct or defend any litigation under this Trust Agreement or
otherwise or in relation to this Trust Agreement or any Basic Document, at the
request, order or direction of any of the Certificateholders, unless such
Certificateholders have offered to the Owner Trustee security or indemnity
satisfactory to it against the costs, expenses and liabilities that may be
incurred by the Owner Trustee therein or thereby. The right of the Owner Trustee
to perform any discretionary act enumerated in this Trust Agreement or in any
Basic Document shall not be construed as a duty, and the Owner Trustee shall not
be answerable for other than its negligence, bad faith or willful misconduct in
the performance of any such act.
Section 6.02. Furnishing of Documents. The Owner Trustee shall furnish
to the Securityholders promptly upon receipt of a written reasonable request
therefor, duplicates or copies of all reports, notices, requests, demands,
certificates, financial statements and any other instruments furnished to the
Trust under the Basic Documents.
Section 6.03. Representations and Warranties. The Owner Trustee hereby
represents and warrants to the Depositor, for the benefit of the
Certificateholders, that:
(a) It is a banking corporation duly organized and validly existing in
good standing under the laws of the State of Delaware. It has all requisite
corporate power and authority to execute, deliver and perform its obligations
under this Trust Agreement;
(b) It has taken all corporate action necessary to authorize the
execution and delivery by it of this Trust Agreement, and this Trust Agreement
will be executed and delivered by one of its officers who is duly authorized to
execute and deliver this Trust Agreement on its behalf;
(c) Neither the execution nor the delivery by it of this Trust
Agreement, nor the consummation by it of the transactions contemplated hereby
nor compliance by it with any of the terms or provisions hereof will contravene
any federal or Delaware law, governmental rule or regulation governing the
banking or trust powers of the Owner Trustee or any judgment or order binding on
it, or constitute any default under its charter documents or bylaws or any
indenture, mortgage, contract, agreement or instrument to which it is a party or
by which any of its properties may be bound;
(d) This Trust Agreement, assuming due authorization, execution and
delivery by the Owner Trustee and the Depositor, constitutes a valid, legal and
binding obligation of the Owner Trustee, enforceable against it in accordance
with the terms hereof subject to applicable bankruptcy, insolvency,
reorganization, moratorium and other laws affecting the enforcement of
creditors' rights generally and to general principles of equity, regardless of
whether such enforcement is considered in a proceeding in equity or at law;
(e) The Owner Trustee 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 Owner Trustee or its properties or might have consequences
that would materially adversely affect its performance hereunder; and
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(f) No litigation is pending or, to the best of the Owner Trustee's
knowledge, threatened against the Owner Trustee which would prohibit its
entering into this Trust Agreement or performing its obligations under this
Trust Agreement.
Section 6.04. Reliance; Advice of Counsel. (a) The Owner Trustee shall
incur no liability to anyone in acting upon any signature, instrument, notice,
resolution, request, consent, order, certificate, report, opinion, bond, or
other document or paper believed by it to be genuine and believed by it to be
signed by the proper party or parties. The Owner Trustee may accept a certified
copy of a resolution of the board of directors or other governing body of any
corporate party as conclusive evidence that such resolution has been duly
adopted by such body and that the same is in full force and effect. As to any
fact or matter the method of determination of which is not specifically
prescribed herein, the Owner Trustee may for all purposes hereof rely on a
certificate, signed by the president or any vice president or by the treasurer
or other authorized officers of the relevant party, as to such fact or matter
and such certificate shall constitute full protection to the Owner Trustee for
any action taken or omitted to be taken by it in good faith in reliance thereon.
(b) In the exercise or administration of the Trust hereunder and in the
performance of its duties and obligations under this Trust Agreement or the
Basic Documents, the Owner Trustee (i) may act directly or through its agents,
attorneys, custodians or nominees (including persons acting under a power of
attorney) pursuant to agreements entered into with any of them, and the Owner
Trustee shall not be liable for the conduct or misconduct of such agents,
attorneys, custodians or nominees (including persons acting under a power of
attorney) if such persons have been selected by the Owner Trustee with
reasonable care, and (ii) may consult with counsel, accountants and other
skilled persons to be selected with reasonable care and employed by it at the
expense of the Trust. The Owner Trustee shall not be liable for anything done,
suffered or omitted in good faith by it in accordance with the written opinion
or advice of any such counsel, accountants or other such Persons and not
contrary to this Trust Agreement or any Basic Document.
Section 6.05. Not Acting in Individual Capacity. Except as provided in
this Article VI, in accepting the trusts hereby created Wilmington Trust Company
acts solely as Owner Trustee hereunder and not in its individual capacity, and
all Persons having any claim against the Owner Trustee by reason of the
transactions contemplated by this Trust Agreement or any Basic Document shall
look only to the Owner Trust Estate for payment or satisfaction thereof.
Section 6.06. Owner Trustee Not Liable for Certificates or Related
Documents. The recitals contained herein and in the Certificates (other than the
signatures of the Owner Trustee on the Certificates) shall be taken as the
statements of the Depositor, and the Owner Trustee assumes no responsibility for
the correctness thereof. The Owner Trustee makes no representations as to the
validity or sufficiency of this Trust Agreement, of any Basic Document or of the
Certificates (other than the signatures of the Owner Trustee on the
Certificates) or the Notes, or of any Related Documents. The Owner Trustee shall
at no time have any responsibility or liability with respect to the sufficiency
of the Owner Trust Estate or its ability to generate the payments to be
distributed to Certificateholders under this Trust Agreement or the Noteholders
under the Indenture, including, the compliance by the Depositor or the
Designated Seller with any warranty or representation made under any Basic
Document or in any related document or
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the accuracy of any such warranty or representation, or any action of the
Certificate Paying Agent, the Certificate Registrar or the Indenture Trustee
taken in the name of the Owner Trustee.
Section 6.07. Owner Trustee May Own Certificates and Notes. The Owner
Trustee in its individual or any other capacity may become the owner or pledgee
of Certificates or Notes and may deal with the Depositor, the Designated Seller,
the Certificate Paying Agent, the Certificate Registrar and the Indenture
Trustee in transactions with the same rights as it would have if it were not
Owner Trustee.
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ARTICLE VII
Compensation of Owner Trustee
Section 7.01. Owner Trustee's Fees and Expenses. The Owner Trustee
shall receive as compensation for its services hereunder such fees as have been
separately agreed upon before the date hereof, and the Owner Trustee shall be
reimbursed for its reasonable expenses hereunder and under the Basic Documents,
including the reasonable compensation, expenses and disbursements of such
agents, representatives, experts and counsel as the Owner Trustee may reasonably
employ in connection with the exercise and performance of its rights and its
duties hereunder and under the Basic Documents which shall be payable by the
Master Servicer pursuant to Section 3.09 of the Servicing Agreement.
Section 7.02. Indemnification. The holder of the majority of the
Certificate Percentage Interest of the Certificates shall indemnify, defend and
hold harmless the Owner Trustee and its successors, assigns, agents and servants
(collectively, the "Indemnified Parties") from and against, any and all
liabilities, obligations, losses, damages, taxes, claims, actions and suits, and
any and all reasonable costs, expenses and disbursements (including reasonable
legal fees and expenses) of any kind and nature whatsoever (collectively,
"Expenses") which may at any time be imposed on, incurred by, or asserted
against the Owner Trustee or any Indemnified Party in any way relating to or
arising out of this Trust Agreement, the Basic Documents, the Owner Trust
Estate, the administration of the Owner Trust Estate or the action or inaction
of the Owner Trustee hereunder, provided, that:
(i) the holder of the majority of the Certificate
Percentage Interest of the Certificates shall not be liable for or
required to indemnify an Indemnified Party from and against Expenses
arising or resulting from the Owner Trustee's willful misconduct,
negligence or bad faith or as a result of any inaccuracy of a
representation or warranty contained in Section 6.03 expressly made by
the Owner Trustee;
(ii) with respect to any such claim, the Indemnified
Party shall have given the holder of the majority of the Certificate
Percentage Interest of the Certificates written notice thereof promptly
after the Indemnified Party shall have actual knowledge thereof;
(iii) while maintaining control over its own defense, the
holder of the[ majority of the Certificate Percentage Interest of the
Certificates] shall consult with the Indemnified Party in preparing
such defense; and
(iv) notwithstanding anything in this Agreement to the
contrary, the holder of the majority of the Certificate Percentage
Interest of the Certificates shall not be liable for settlement of any
claim by an Indemnified Party entered into without the prior consent of
the holder of the[majority of the Certificate Percentage Interest of
the Certificates which consent shall not be unreasonably withheld.
The indemnities contained in this Section shall survive the resignation
or termination of the Owner Trustee or the termination of this Trust Agreement.
In the event of any claim, action or proceeding for which indemnity will be
sought pursuant to this Section 7.02, the Owner
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Trustee's choice of legal counsel, if other than the legal counsel retained by
the Owner Trustee in connection with the execution and delivery of this Trust
Agreement, shall be subject to the approval of the holder of the majority of the
Certificate Percentage Interest of the Certificates, which approval shall not be
unreasonably withheld. In addition, upon written notice to the Owner Trustee and
with the consent of the Owner Trustee which consent shall not be unreasonably
withheld, the holder of the majority of the Certificate Percentage Interest of
the Certificates has the right to assume the defense of any claim, action or
proceeding against the Owner Trustee.
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ARTICLE VIII
Termination of Trust Agreement
Section 8.01. Termination of Trust Agreement. (a) This Trust Agreement
(other than this Article VIII) and the Trust shall terminate and be of no
further force or effect upon the earliest of (i) the final distribution of all
moneys or other property or proceeds of the Owner Trust Estate in accordance
with the terms of the Indenture and this Trust Agreement, (ii) the Payment Date
in November 2011 (iii) or the purchase by the Master Servicer of all Revolving
Credit Loans pursuant to Section 8.08(a) of the Servicing Agreement. The
bankruptcy, liquidation, dissolution, death or incapacity of any
Certificateholder shall not (x) operate to terminate this Trust Agreement or the
Trust or (y) entitle such Certificateholder's legal representatives or heirs to
claim an accounting or to take any action or proceeding in any court for a
partition or winding up of all or any part of the Trust or the Owner Trust
Estate or (z) otherwise affect the rights, obligations and liabilities of the
parties hereto.
(b) Except as provided in Section 8.01(a), none of the Depositor or any
other Certif-icateholder shall be entitled to revoke or terminate the Trust.
(c) Notice of any termination of the Trust, specifying the Payment Date
upon which Certificateholders shall surrender their Certificates to the
Certificate Paying Agent for payment of the final distribution and cancellation,
shall be given by the Certificate Paying Agent by letter to Certificateholders
and the Credit Enhancer mailed within five Business Days of receipt of notice of
such termination from the Owner Trustee, stating (i) the Payment Date upon or
with respect to which final payment of the Certificates shall be made upon
presentation and surrender of the Certificates at the office of the Certificate
Paying Agent therein designated, (ii) the amount of any such final payment and
(iii) that the Record Date otherwise applicable to such Payment Date is not
applicable, payments being made only upon presentation and surrender of the
Certificates at the office of the Certificate Payment Agent therein specified.
The Certificate Paying Agent shall give such notice to the Owner Trustee and the
Certificate Registrar at the time such notice is given to Certificateholders.
Upon presentation and surrender of the Certificates, the Certificate Paying
Agent shall cause to be distributed to Certificateholders amounts distributable
on such Payment Date pursuant to Section 5.01.
In the event that all of the Certificateholders shall not surrender
their Certificates for cancellation within six months after the date specified
in the above mentioned written notice, the Certificate Paying Agent shall give a
second written notice to the remaining Certificateholders to surrender their
Certificates for cancellation and receive the final distribution with respect
thereto. Subject to applicable laws with respect to escheat of funds, if within
one year following the Payment Date on which final payment of the Certificates
was to have been made pursuant to Section 3.10, all the Certificates shall not
have been surrendered for cancellation, the Certificate Paying Agent 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 that shall
remain subject to this Trust Agreement. Any funds remaining in the Certificate
Distribution Account after exhaustion of such remedies shall be distributed by
the Certificate Paying Agent to the holder of the majority of the Certificate
Percentage Interest of the Certificates.
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(d) Upon the winding up of the Trust and its termination, the Owner
Trustee shall cause the Certificate of Trust to be cancelled by filing a
certificate of cancellation with the Secretary of State in accordance with the
provisions of Section 3810(c) of the Business Trust Statute.
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ARTICLE IX
Successor Owner Trustees and Additional Owner Trustees
Section 9.01. Eligibility Requirements for Owner Trustee. The Owner
Trustee shall at all times be a corporation satisfying the provisions of Section
3807(a) of the Business Trust Statute; authorized to exercise corporate trust
powers; having a combined capital and surplus of at least $50,000,000 and
subject to supervision or examination by federal or state authorities; and
having (or having a parent that has) long term debt obligations with a rating of
at least A by Moody's and/or Standard & Poor's. If such corporation shall
publish reports of condition at least annually pursuant to law or to the
requirements of the aforesaid supervising or examining authority, then for the
purpose of this Section, the combined capital and surplus of such corporation
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 Owner Trustee
shall cease to be eligible in accordance with the provisions of this Section
9.01, the Owner Trustee shall resign immediately in the manner and with the
effect specified in Section 9.02.
Section 9.02. Replacement of Owner Trustee. The Owner Trustee may at
any time resign and be discharged from the trusts hereby created by giving 30
days prior written notice thereof to the Credit Enhancer and the Depositor. Upon
receiving such notice of resignation, the Indenture Trustee shall promptly
appoint a successor Owner Trustee with the consent of the Credit Enhancer which
will not be unreasonably withheld, by written instrument, in duplicate, one copy
of which instrument shall be delivered to the resigning Owner Trustee and to the
successor Owner Trustee. If no successor Owner Trustee shall have been so
appointed and have accepted appointment within 30 days after the giving of such
notice of resignation, the resigning Owner Trustee may petition any court of
competent jurisdiction for the appointment of a successor Owner Trustee.
If at any time the Owner Trustee shall cease to be eligible in
accordance with the provisions of Section 9.01 and shall fail to resign after
written request therefor by the Indenture Trustee, or if at any time the Owner
Trustee shall be legally unable to act, or shall be adjudged bankrupt or
insolvent, or a receiver of the Owner Trustee or of its property shall be
appointed, or any public officer shall take charge or control of the Owner
Trustee or of its property or affairs for the purpose of rehabilitation,
conservation or liquidation, then the Indenture Trustee may and shall at the
direction of the Credit Enhancer remove the Owner Trustee. If the Indenture
Trustee shall remove the Owner Trustee under the authority of the immediately
preceding sentence, the Indenture Trustee shall promptly appoint a successor
Owner Trustee acceptable to the Credit Enhancer by written instrument, in
duplicate, one copy of which instrument shall be delivered to the outgoing Owner
Trustee so removed and one copy to the successor Owner Trustee, and shall pay
all fees owed to the outgoing Owner Trustee.
Any resignation or removal of the Owner Trustee and appointment of a
successor Owner Trustee pursuant to any of the provisions of this Section shall
not become effective until acceptance of appointment by the successor Owner
Trustee pursuant to Section 9.03 and payment of all fees and expenses owed to
the outgoing Owner Trustee.
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Section 9.03. Successor Owner Trustee. Any successor Owner Trustee
appointed pursuant to Section 9.02 shall execute, acknowledge and deliver to the
Indenture Trustee and to its predecessor Owner Trustee an instrument accepting
such appointment under this Trust Agreement, and thereupon the resignation or
removal of the predecessor Owner Trustee shall become effective, and such
successor Owner Trustee, without any further act, deed or conveyance, shall
become fully vested with all the rights, powers, duties and obligations of its
predecessor under this Trust Agreement, with like effect as if originally named
as Owner Trustee. The predecessor Owner Trustee shall upon payment of its fees
and expenses deliver to the successor Owner Trustee all documents and statements
and monies held by it under this Trust Agreement; and the predecessor Owner
Trustee shall execute and deliver such instruments and do such other things as
may reasonably be required for fully and certainly vesting and confirming in the
successor Owner Trustee all such rights, powers, duties and obligations.
No successor Owner Trustee shall accept appointment as provided in this
Section 9.03 unless at the time of such acceptance such successor Owner Trustee
shall be eligible pursuant to Section 9.01.
Upon acceptance of appointment by a successor Owner Trustee pursuant to
this Section 9.03, the Indenture Trustee shall mail notice thereof to all
Certificateholders, the Indenture Trustee, the Noteholders and the Rating
Agencies. If the Indenture Trustee shall fail to mail such notice within 10 days
after acceptance of such appointment by the successor Owner Trustee, the
successor Owner Trustee shall cause such notice to be mailed at the expense of
the Indenture Trustee.
Section 9.04. Merger or Consolidation of Owner Trustee. Any Person into
which the Owner Trustee may be merged or converted or with which it may be
consolidated, or any Person resulting from any merger, conversion or
consolidation to which the Owner Trustee shall be a party, or any Person
succeeding to all or substantially all of the corporate trust business of the
Owner Trustee, shall be the successor of the Owner Trustee hereunder, without
the execution or filing of any instrument or any further act on the part of any
of the parties hereto, anything herein to the contrary notwithstanding;
provided, that such Person shall be eligible pursuant to Section 9.01 and,
provided, further, that the Owner Trustee shall mail notice of such merger or
consolidation to the Rating Agencies.
Section 9.05. Appointment of Co-Trustee or Separate Trustee.
Notwithstanding any other provisions of this Trust Agreement, at any time, for
the purpose of meeting any legal requirements of any jurisdiction in which any
part of the Owner Trust Estate may at the time be located, the Owner Trustee
shall have the power and shall execute and deliver all instruments to appoint
one or more Persons to act as co-trustee, jointly with the Owner Trustee, or as
separate trustee or trustees, of all or any part of the Owner Trust Estate, and
to vest in such Person, in such capacity, such title to the Trust or any part
thereof and, subject to the other provisions of this Section, such powers,
duties, obligations, rights and trusts as the Owner Trustee may consider
necessary or desirable. No co-trustee or separate trustee under this Trust
Agreement shall be required to meet the terms of eligibility as a successor
Owner Trustee pursuant to Section 9.01 and no notice of the appointment of any
co-trustee or separate trustee shall be required pursuant to Section 9.03.
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Each separate trustee and co-trustee shall, to the extent permitted by
law, be appointed and act subject to the following provisions and conditions:
(a) All rights, powers, duties and obligations conferred or imposed
upon the Owner Trustee shall be conferred upon and exercised or performed by the
Owner Trustee and such separate trustee or co-trustee jointly (it being
understood that such separate trustee or co-trustee is not authorized to act
separately without the Owner Trustee joining in such act), except to the extent
that under any law of any jurisdiction in which any particular act or acts are
to be performed, the Owner 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 Owner Trust Estate or any
portion thereof in any such jurisdiction) shall be exercised and performed
singly by such separate trustee or co-trustee, but solely at the direction of
the Owner Trustee;
(b) No trustee under this Trust Agreement shall be personally liable by
reason of any act or omission of any other trustee under this Trust Agreement;
and
(c) The Owner Trustee may at any time accept the resignation of or remove
any separate trustee or co-trustee.
Any notice, request or other writing given to the Owner 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 Trust
Agreement and the conditions of this Article. 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 Owner Trustee or separately, as may be provided therein,
subject to all the provisions of this Trust Agreement, specifically including
every provision of this Trust Agreement relating to the conduct of, affecting
the liability of, or affording protection to, the Owner Trustee. Each such
instrument shall be filed with the Owner Trustee.
Any separate trustee or co-trustee may at any time appoint the Owner
Trustee as 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
Trust Agreement on its behalf and in its name. 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 Owner Trustee, to the extent permitted by law, without the
appointment of a new or successor co-trustee or separate trustee.
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ARTICLE X
Miscellaneous
Section 10.01. Amendments. (a) This Trust Agreement may be amended from
time to time by the parties hereto as specified in this Section 10.01, provided
that any amendment, except as provided in subparagraph (e) below, be accompanied
by an Opinion of Counsel, to the Owner Trustee to the effect that such amendment
(i) complies with the provisions of this Section and (ii) will not cause the
Trust to be subject to an entity level tax.
(b) If the purpose of the amendment (as detailed therein) is to correct
any mistake, eliminate any inconsistency, cure any ambiguity or deal with any
matter not covered (i.e. to give effect to the intent of the parties), it shall
not be necessary to obtain the consent of any Holders, but the Owner Trustee
shall be furnished with (A) a letter from the Rating Agencies that the amendment
will not result in the downgrading or withdrawal of the rating then assigned to
any Security if determined without regard to the Credit Enhancement Instrument
and (B) an Opinion of Counsel to the effect that such action will not adversely
affect in any material respect the interests of any Holders, and the consent of
the Credit Enhancer shall be obtained.
(c) If the purpose of the amendment is to prevent the imposition of any
federal or state taxes at any time that any Security is outstanding (i.e.
technical in nature), it shall not be necessary to obtain the consent of any
Holder, but the Owner Trustee shall be furnished with an Opinion of Counsel that
such amendment is necessary or helpful to prevent the imposition of such taxes
and is not materially adverse to any Holder and the consent of the Credit
Enhancer shall be obtained.
(d) If the purpose of the amendment is to add or eliminate or change
any provision of the Trust Agreement other than as contemplated in (b) and (c)
above, the amendment shall require (A) the consent of the Credit Enhancer and an
Opinion of Counsel to the effect that such action will not adversely affect in
any material respect the interests of any Holders and (B) either (a) a letter
from the Rating Agency that the amendment will not result in the downgrading or
withdrawal of the rating then assigned to any security if determined without
regard to the Credit Enhancement Instrument or (b) the consent of Holders of
Certificates evidencing a majority of the Security Balance of the Certificates
and the Indenture Trustee; provided, however, that no such amendment shall (i)
reduce in any manner the amount of, or delay the timing of, payments received
that are required to be distributed on any Certificate without the consent of
the related Certificateholder and the Credit Enhancer, or (ii) reduce the
aforesaid percentage of Certificates the Holders of which are required to
consent to any such amendment, without the consent of the Holders of all such
Certificates then outstanding.
(e) If the purpose of the amendment is to provide for the holding of
any of the Certificates in book-entry form, it shall require the consent of
Holders of all such Certificates then outstanding; provided, that the Opinion of
Counsel specified in subparagraph (a) above shall not be required.
(f) If the purpose of the amendment is to provide for the issuance of
additional certificates representing an interest in the Trust, it shall not be
necessary to obtain the consent
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of any Holder, but the Owner Trustee shall be furnished with (A) an Opinion of
Counsel to the effect that such action will not adversely affect in any material
respect the interests of any Holders and (B) a letter from the Rating Agencies
that the amendment will not result in the downgrading or withdrawal of the
rating then assigned to any Security, if determined without regard to the Credit
Enhancement Instrument and the consent of the Credit Enhancer shall be obtained.
(g) Promptly after the execution of any such amendment or consent, the
Owner Trustee shall furnish written notification of the substance of such
amendment or consent to each Certificateholder, the Indenture Trustee, the
Credit Enhancer and each of the Rating Agencies. It shall not be necessary for
the consent of Certificateholders or the Indenture Trustee pursuant to this
Section 10.01 to approve the particular form of any proposed amendment or
consent, but it shall be sufficient if such consent shall approve the substance
thereof. The manner of obtaining such consents (and any other consents of
Certificateholders provided for in this Trust Agreement or in any other Basic
Document) and of evidencing the authorization of the execution thereof by
Certificateholders shall be subject to such reasonable requirements as the Owner
Trustee may prescribe.
(h) In connection with the execution of any amendment to any agreement
to which the Trust is a party, other than this Trust Agreement, the Owner
Trustee shall be entitled to receive and conclusively rely upon an Opinion of
Counsel to the effect that such amendment is authorized or permitted by the
documents subject to such amendment and that all conditions precedent in the
Basic Documents for the execution and delivery thereof by the Trust or the Owner
Trustee, as the case may be, have been satisfied.
Promptly after the execution of any amendment to the Certificate of
Trust, the Owner Trustee shall cause the filing of such amendment with the
Secretary of State of the State of Delaware.
Section 10.02. No Legal Title to Owner Trust Estate. The
Certificateholders shall not have legal title to any part of the Owner Trust
Estate. The Certificateholders shall be entitled to receive distributions with
respect to their undivided beneficial interest therein only in accordance with
Articles V and VIII. No transfer, by operation of law or otherwise, of any
right, title or interest of the Certificateholders to and in their ownership
interest in the Owner Trust Estate shall operate to terminate this Trust
Agreement or the trusts hereunder or entitle any transferee to an accounting or
to the transfer to it of legal title to any part of the Owner Trust Estate
Section 10.03. Limitations on Rights of Others. Except for Section
2.07, the provisions of this Trust Agreement are solely for the benefit of the
Owner Trustee, the Depositor, the Certificateholders, the Credit Enhancer and,
to the extent expressly provided herein, the Indenture Trustee and the
Noteholders, and nothing in this Trust Agreement (other than Section 2.07),
whether express or implied, shall be construed to give to any other Person any
legal or equitable right, remedy or claim in the Owner Trust Estate or under or
in respect of this Trust Agreement or any covenants, conditions or provisions
contained herein.
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Section 10.04. Notices. (a) Unless otherwise expressly specified or
permitted by the terms hereof, all notices shall be in writing and shall be
deemed given upon receipt , if to the Owner Trustee, addressed to the Corporate
Trust Office; if to the Depositor, addressed to Residential Funding Mortgage
Securities II, Inc., 8400 Normandale Lake Boulevard, Suite 700, Minneapolis,
Minnesota 55437; if to the Credit Enhancer, addressed to Ambac Assurance
Corporation, One State Street Plaza, 17th Floor, New York, New York 10004:
Attention: Howard Pfeffer, if to the Rating Agencies, addressed to Moody's
Investors Service, Inc., 99 Church Street, 4th Floor, New York, New York 10001
and Standard & Poor's Ratings Services, 26 Broadway, 15th Floor, New York, New
York 10004, Attention: Structured Finance Department - MBS or, as to each party,
at such other address as shall be designated by such party in a written notice
to each other party.
(b) Any notice required or permitted to be given to a Certificateholder
shall be given by first-class mail, postage prepaid, at the address of such
Holder as shown in the Certificate Register. Any notice so mailed within the
time prescribed in this Trust Agreement shall be conclusively presumed to have
been duly given, whether or not the Certificateholder receives such notice.
(c) A copy of any notice delivered to the Owner Trustee or the Trust shall
also be delivered to the Depositor.
Section 10.05. Severability. Any provision of this Trust Agreement that
is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.
Section 10.06. Separate Counterparts. This Trust Agreement may be
executed by the parties hereto in separate counterparts, each of which when so
executed and delivered shall be an original, but all such counterparts shall
together constitute but one and the same instrument.
Section 10.07. Successors and Assigns. All representations, warranties,
covenants and agreements contained herein shall be binding upon, and inure to
the benefit of, each of the Depositor, the Owner Trustee and its successors and
each Certificateholder and its successors and permitted assigns, all as herein
provided and the Credit Enhancer. Any request, notice, direction, consent,
waiver or other instrument or action by a Certificateholder shall bind the
successors and assigns of such Certificateholder.
Section 10.08. No Petition. The Owner Trustee, by entering into this
Trust Agreement and each Certificateholder, by accepting a Certificate, hereby
covenant and agree that they will not at any time institute against the
Depositor or the Trust, or join in any institution against the Depositor or the
Trust of, any bankruptcy proceedings under any United States federal or state
bankruptcy or similar law in connection with any obligations to the
Certificates, the Notes, this Trust Agreement or any of the Basic Documents.
Section 10.09. No Recourse. Each Certificateholder by accepting a
Certificate acknowledges that such Certificateholder's Certificates represent
beneficial interests in the Trust
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only and do not represent interests in or obligations of the Depositor, the
Designated Seller, the Owner Trustee, the Indenture Trustee or any Affiliate
thereof and no recourse may be had against such parties or their assets, except
as may be expressly set forth or contemplated in this Trust Agreement, the
Certificates or the Basic Documents.
Section 10.10. Headings. The headings of the various Articles and Sections
herein are for convenience of reference only and shall not define or limit any
of the terms or provisions hereof.
Section 10.11. GOVERNING LAW. THIS TRUST AGREEMENT SHALL BE CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE
PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section 10.12. Integration. This Trust Agreement constitutes the entire
agreement among the parties hereto pertaining to the subject matter hereof and
supersedes all prior agreements and understanding pertaining thereto.
Section 10.13. Rights of Credit Enhancer To Exercise Rights of
Certificateholders. By accepting its Certificate, each Certificateholder agrees
that unless a Credit Enhancer Default exists, the Credit Enhancer shall have the
right to exercise all rights of the Certificateholders under this Agreement
without any further consent of the Certificateholders.
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IN WITNESS WHEREOF, the Depositor and the Owner Trustee have caused
their names to be signed hereto by their respective officers thereunto duly
authorized, all as of the day and year first above written.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By:
Name: Diane Wold
Title: Vice President
WILMINGTON TRUST COMPANY, not in its
individual capacity but solely as
Owner Trustee, except with respect
to the representations and
warranties contained in Section 6.03
hereof,
By:
Name:
Title:
Acknowledged and Agreed:
The Chase Manhattan Bank
Indenture Trustee, as Certificate
Registrar and Certificate
Paying Agent
By:
Name: Regina Bishop
Title: Vice President
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EXHIBIT A
FORM OF CERTIFICATE
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO
THE TERM NOTES AND THE VARIABLE FUNDING NOTES AS DESCRIBED IN THE
AGREEMENT (AS DEFINED HEREIN).
[THIS CERTIFICATE IS NOT TRANSFERABLE EXCEPT UPON
SATISFACTION OF THE CONDITIONS IN SECTION [3.12(b)] [3.13(b)] OF THE TRUST
AGREEMENT.]
[THIS CERTIFICATE IS ISSUED IN THE CERTIFICATE PERCENTAGE
INTEREST BELOW; HOWEVER, THE CERTIFICATE PERCENTAGE INTEREST OF
THIS CERTIFICATE MAY CHANGE IN ACCORDANCE WITH SECTION 3.12 OF THE
AGREEMENT. THE HOLDER OF THIS CERTIFICATE HEREBY CONSENTS TO ANY
CHANGE IN ITS CERTIFICATE PERCENTAGE INTEREST IN ACCORDANCE WITH
SUCH SECTION.]
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND
MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT
AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH ARE EXEMPT FROM
REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN
ACCORDANCE WITH THE PROVISIONS OF SECTION 3.05 OF THE TRUST AGREEMENT ("THE
AGREEMENT").
NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE
CERTIFICATE REGISTRAR SHALL HAVE RECEIVED EITHER (i) A REPRESENTATION LETTER
FROM THE TRANSFEREE OF THIS CERTIFICATE TO THE EFFECT THAT SUCH TRANSFEREE IS
NOT AN EMPLOYEE BENEFIT PLAN SUBJECT TO THE PROHIBITED TRANSACTION RESTRICTIONS
AND THE FIDUCIARY RESPONSIBILITY REQUIREMENTS OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986 (THE "CODE"), ANY PERSON ACTING, DIRECTLY OR INDIRECTLY, ON
BEHALF OF ANY SUCH PLAN OR ANY PERSON USING "PLAN ASSETS," WITHIN THE MEANING OF
THE DEPARTMENT OF LABOR REGULATION AT 29 C.F.R. ss.2510.3-101, TO ACQUIRE THIS
CERTIFICATE (COLLECTIVELY A "PLAN INVESTOR"), OR (ii) IF THIS CERTIFICATE IS
PRESENTED FOR REGISTRATION IN THE NAME OF A PLAN INVESTOR, AN OPINION OF
COUNSEL, OR A CERTIFICATION IN THE FORM OF EXHIBIT G TO THE AGREEMENT IN LIEU OF
SUCH OPINION OF COUNSEL, TO THE EFFECT THAT THE PURCHASE OR HOLDING OF THIS
CERTIFICATE IS PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE OR RESULT
IN A PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF
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THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) AND WILL NOT
SUBJECT THE COMPANY, THE OWNER TRUSTEE, THE MASTER SERVICER OR THE CERTIFICATE
REGISTRAR TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE
AGREEMENT.
THE TRANSFEREE OF THIS CERTIFICATE SHALL BE SUBJECT TO UNITED
STATES FEDERAL WITHHOLDING TAX UNLESS THE CERTIFICATE REGISTRAR SHALL HAVE
RECEIVED A CERTIFICATE OF NON-FOREIGN STATUS CERTIFYING AS TO THE TRANSFEREE'S
STATUS AS A U.S. PERSON OR CORPORATION OR PARTNERSHIP UNDER U.S. LAW.
THIS CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR
OBLIGATION OF THE SELLER, THE COMPANY, THE MASTER SERVICER, THE INDENTURE
TRUSTEE, OR THE OWNER TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES, EXCEPT AS
EXPRESSLY PROVIDED IN THE AGREEMENT OR THE BASIC DOCUMENTS.
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Certificate No. ____
Date of Trust Agreement
and Cut-off Date:
August 28, 1997
First Payment Date: Certificate Percentage Interest of
September ___, 1997 this Certificate: ____________%]
Assumed Final Payment Date: CUSIP [_____]
HOME EQUITY LOAN-BACKED CERTIFICATE
SERIES 1997-GMACM4
evidencing a fractional undivided interest in the Owner Trust Estate,
the property of which consists primarily of the Revolving Credit Loans, created
by RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC. (hereinafter called the
"Company," which term includes any successor entity under the Agreement referred
to below).
This Certificate is payable solely from the assets of the
Owner Trust Estate, and does not represent an obligation of or interest in the
Company, the Seller, the Master Servicer, the Indenture Trustee, the Owner
Trustee or GMAC Mortgage Group, Inc. or any of their affiliates. This
Certificate is not guaranteed or insured by any governmental agency or
instrumentality or by the Company, the Seller, the Master Servicer, the
Indenture Trustee, the Owner Trustee or GMAC Mortgage Group, Inc. or any of
their affiliates. None of the Company, the Seller, the Master Servicer, the
Indenture Trustee, the Owner Trustee, GMAC Mortgage Group, Inc. or any of their
affiliates will have any obligation with respect to any certificate or other
obligation secured by or payable from payments on the Certificates.
This certifies that [name of Holder] is the registered owner
of the Security Balance evidenced by this Certificate (as set forth on the face
hereof) in certain distributions with respect to the Owner Trust Estate,
consisting primarily of the Revolving Credit Loans, created by Residential
Funding Mortgage Securities II, Inc. The Trust (as defined herein) was created
pursuant to a Trust Agreement dated as specified above (as amended and
supplemented from time to time, the "Agreement") between the Company and
Wilmington Trust Company, as owner trustee (the "Owner Trustee," which term
includes any successor entity under the Agreement), a summary of certain of the
pertinent provisions of which is set forth hereafter. 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.
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Pursuant to the terms of the Agreement, a distribution will be
made on the 20th day of each month or, if such 20th day is not a Business Day,
the Business Day immediately following (the "Payment Date"), commencing on the
first Payment Date specified above, to the Person in whose name this Certificate
is registered at the close of business on the last day (or if such last day is
not a Business Day, the Business Day immediately preceding such last day) of the
month immediately preceding the month of such distribution (the "Record Date"),
in an amount equal to the pro rata portion evidenced by this Certificate (based
on the Certificate Percentage Interest stated on the face hereon) of the
Certificate Distribution Amount, if any, required to be distributed to Holders
of Certificates on such Payment Date. Distributions on this Certificate will be
made as provided in the Agreement by the Certificate Paying Agent by wire
transfer or check mailed to the Certificateholder of record in the Certificate
Register without the presentation or surrender of this Certificate or the making
of any notation hereon.
Except as otherwise provided in the Agreement and
notwithstanding the above, the final distribution on this Certificate will be
made after due notice by the Certificate Paying Agent of the pendency of such
distribution and only upon presentation and surrender of this Certificate at the
office or agency maintained by the Certificate Registrar for that purpose in the
City and State of New York. The initial Security Balance of this Certificate is
set forth above. The Security Balance hereof will be reduced to the extent of
the distributions allocable to principal.
No transfer of this Certificate will be made unless such
transfer is exempt from the registration requirements of the Securities Act of
1933, as amended, and any applicable state securities laws or is made in
accordance with said Act and laws. In the event that such a transfer is to be
made, (i) the Certificate Registrar or the Company may require an opinion of
counsel acceptable to and in form and substance satisfactory to the Certificate
Registrar and the Company that such transfer is exempt (describing the
applicable exemption and the basis therefor) from or is being made pursuant to
the registration requirements of the Securities Act of 1933, as amended, and of
any applicable statute of any state and (ii) the transferee shall execute an
investment letter in the form described in the Agreement and (iii) the
Certificate Registrar shall require the transferee to execute an investment
letter and a Certificate of Non-Foreign Status in the form described by the
Agreement (or if a Certificate of Non-Foreign Status is not provided, an Opinion
of Counsel as described in the Agreement), which investment letter and
certificate or Opinion of Counsel shall not be at the expense of the Trust, the
Owner Trustee, the Certificate Registrar or the Company. The Holder hereof
desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trust, the Owner Trustee, the Company, the Master Servicer and the Certificate
Registrar against any liability that may result if the transfer is not so exempt
or is not made in accordance with such federal and state laws. In connection
with any such transfer, the Certificate Registrar (unless otherwise directed by
the Company) will also require either (i) a representation letter, in the form
as described by the Agreement, stating that the transferee is not an employee
benefit or other plan subject to the prohibited transaction restrictions or the
fiduciary responsibility requirements of ERISA or Section 4975 of the Code
("Plan"), any person acting, directly or indirectly, on behalf of any such plan
or any person using the "plan assets," within the meaning of the Department of
Labor regulations at 29 C.F.R. ss.2510.3-101, to effect such acquisition
(collectively, a "Plan Investor") or (ii) if such transferee is a Plan Investor,
an opinion of counsel acceptable to and in form and substance satisfactory to
the Company, the Owner Trustee, the Master Servicer and the Certificate
Registrar, or a certification in the form of Exhibit G to the Agreement, to the
effect that the purchase or holding of the Certificate is
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<PAGE>
permissible under applicable law, will not constitute or result in a prohibited
transaction under Section 406 of ERISA or Section 4975 of the Code (or
comparable provisions of any subsequent enactments) and will not subject the
Company, the Owner Trustee, the Master Servicer or the Certificate Registrar to
any obligation or liability in addition to those undertaken in the Agreement.
This Certificate is one of a duly authorized issue of
Certificates designated as Home Equity Loan-Backed Certificates of the Series
specified hereon (herein collectively called the "Certificates"). All terms used
in this Certificate which are defined in the Agreement shall have the meanings
assigned to them in the Agreement.
The Certificateholder, by its acceptance of this Certificate,
agrees that it will look solely to the funds on deposit in the Certificate
Distribution Account that have been released from the Lien of the Indenture for
payment hereunder and that neither the Owner Trustee in its individual capacity
nor the Company is personally liable to the Certificateholders for any amount
payable under this Certificate or the Agreement or, except as expressly provided
in the Agreement, subject to any liability under the Agreement.
The Holder of this Certificate acknowledges and agrees that
its rights to receive distributions in respect of this Certificate are
subordinated to the rights of the Noteholders as described in the Indenture,
dated as of August 28, 1997 between Home Equity Loan Trust 1997- GMACM4 (the
"Trust") and The Chase Manhattan Bank, as Indenture Trustee (the "Indenture").
Each Certificateholder, by its acceptance of a Certificate,
covenants and agrees that such Certificateholder will not at any time institute
against the Company, or join in any institution against the Company or the Trust
of, any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings, or other proceedings under any United States federal or state
bankruptcy or similar law in connection with any obligations relating to the
Certificates, the Notes, the Agreement or any of the Basic Documents.
The Agreement permits the amendment thereof as specified
below, provided that any amendment be accompanied by the consent of the Credit
Enhancer and an Opinion of Counsel to the Owner Trustee to the effect that such
amendment complies with the provisions of the Agreement and will not cause the
Trust to be subject to an entity level tax. If the purpose of the amendment is
to correct any mistake, eliminate any inconsistency, cure any ambiguity or deal
with any matter not covered, it shall not be necessary to obtain the consent of
any Holder, but the Owner Trustee shall be furnished with a letter from the
Rating Agencies that the amendment will not result in the downgrading or
withdrawal of the rating then assigned to any Security if determined without
regard to the Credit Enhancement Instrument and the counsel of the Credit
Enhancer shall be obtained. If the purpose of the amendment is to prevent the
imposition of any federal or state taxes at any time that any Security is
outstanding, it shall not be necessary to obtain the consent of the any Holder,
but the Owner Trustee shall be furnished with an Opinion of Counsel that such
amendment is necessary or helpful to prevent the imposition of such taxes and is
not materially adverse to any Holder and the consent of the Credit Enhancer
shall be obtained. If the purpose of the amendment is to add or eliminate or
change any provision of the Agreement, other than as specified in the preceding
two sentences, the amendment shall require either (a) a letter from the Rating
Agencies that the amendment will not result in the downgrading
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<PAGE>
or withdrawal of the rating then assigned to any Security, if determined without
regard to the Credit Enhancement Instrument or (b) the consent of Holders of a
majority of the Certificate Percentage Interests of the Certificates and the
Indenture Trustee; provided, however, that no such amendment shall (i) reduce in
any manner the amount of, or delay the time of, payments received that are
required to be distributed on any Certificate without the consent of the related
Certificateholder and the Credit Enhancer, or (ii) reduce the aforesaid
percentage of Certificates the Holders of which are required to consent to any
such amendment without the consent of the Holders of all such Certificates then
outstanding.
As provided in the Agreement and subject to certain
limitations therein set forth, the transfer of this Certificate is registerable
in the Certificate Register upon surrender of this Certificate for registration
of transfer at the offices or agencies of the Certificate Registrar maintained
in the City and State of New York, accompanied by a written instrument of
transfer in form satisfactory to the Certificate Registrar 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 evidencing
the same Class and aggregate Certificate Percentage Interest will be issued to
the designated transferee. The initial Certificate Registrar appointed under the
Agreement is the Owner Trustee.
Except as provided in the Agreement, the Certificates are
issuable only in minimum denominations of a 10.0000% Certificate Percentage
Interest and in integral multiples of a 0.0001% Certificate Percentage Interest
in excess thereof. As provided in the Agreement and subject to certain
limitations therein set forth, the Certificates are exchangeable for new
Certificates of authorized denominations, as requested by the Holder
surrendering the same. This Certificate is issued in the Certificate Percentage
Interest above; however, the Certificate Percentage Interest of this Certificate
may change in accordance with Section 3.12 of the Agreement. The Holder of this
Certificate hereby consents to any change in its Certificate Percentage Interest
in accordance with such Section.
No service charge will be made for any such registration of
transfer or exchange, but the Owner Trustee or the Certificate Registrar may
require payment of a sum sufficient to cover any tax or governmental charge
payable in connection therewith.
The Owner Trustee, the Certificate Paying Agent, the
Certificate Registrar and any agent of the Owner Trustee, the Certificate Paying
Agent, or the Certificate Registrar may treat the Person in whose name this
Certificate is registered as the owner hereof for all purposes, and none of the
Owner Trustee, the Certificate Paying Agent, the Certificate Registrar or any
such agent shall be affected by any notice to the contrary.
This Certificate shall be governed by and construed in
accordance with the laws of the State of Delaware.
The obligations created by the Agreement in respect of the
Certificates and the Trust created thereby shall terminate upon the earliest of
(i) the final distribution of all moneys or other property or proceeds of the
Owner Trust Estate in accordance with the terms of the Indenture and the
Agreement, (ii) the Payment Date in ___________ 20___ or (iii) the purchase
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<PAGE>
by the Master Servicer of all Revolving Credit Loans pursuant to Section 9.08(a)
of the Servicing Agreement.
Unless the certificate of authentication hereon shall have
been executed by an authorized officer of the Owner Trustee, or an
authenticating agent by manual signature, this Certificate shall not be entitled
to any benefit under the Agreement or be valid for any purpose.
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<PAGE>
IN WITNESS WHEREOF, the Owner Trustee, on behalf of the Trust
and not in its individual capacity, has caused this Certificate to be duly
executed.
HOME EQUITY LOAN
TRUST 1997-GMACM4
by WILMINGTON TRUST COMPANY, not in
its individual capacity but solely as Owner
Trustee
Dated:
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Certificates referred to in the within mentioned Agreement.
WILMINGTON TRUST COMPANY,
not in its individual capacity
but solely as Owner Trustee
By:______________________________
Authorized Signatory
or __________________________________,
as Authenticating Agent of the Trust
By:______________________________
Authorized Signatory
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<PAGE>
ASSIGNMENT
FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto
PLEASE INSERT SOCIAL SECURITY OR
OTHER IDENTIFYING NUMBER OF ASSIGNEE
(Please print or type name and address, including postal zip code, of assignee)
the within Certificate, and all rights thereunder, hereby irrevocably
constituting and appointing
to transfer said Certificate on the books of the Certificate Registrar, with
full power of substitution in the premises.
Dated:
__________________________________________*/
Signature Guaranteed:
____________________________*/
- -----------------
*/ NOTICE: The signature to this assignment must correspond with the name as it
appears upon the face of the within Certificate in every particular, without
alteration, enlargement or any change whatever. Such signature must be
guaranteed by a member firm of the New York Stock Exchange or a commercial bank
or trust company.
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<PAGE>
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for the information of the
Certificate Paying Agent:
Distribution shall be made by wire transfer in immediately available funds
to ----------------------------------------------
- ----------------------------------------------------------------- for the
account of ________________________________________, account number
______________, or, if mailed by check, to ______________. Applicable statements
should be mailed to__________________.
------------------------------
Signature of assignee or agent
(for authorization of wire
transfer only)
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<PAGE>
EXHIBIT B
TO THE TRUST AGREEMENT
CERTIFICATE OF TRUST
OF
HOME EQUITY LOAN TRUST 1997-GMACM4
THE UNDERSIGNED, ______________________, as owner trustee (the
"Trustee"), for the purpose of forming a business trust does hereby certify as
follows:
1. The name of the business trust is:
HOME EQUITY LOAN TRUST 1997-GMACM4
2. The name and business address of the Trustee of the business trust in
the State of Delaware is ______________________, _______________, __________,
Delaware _____.
3. The business trust reserves the right to amend, alter, change, or
repeal any provision contained in this Certificate of Trust in the manner now or
hereafter prescribed by law.
4. This Certificate of Trust shall be effective upon filing.
THE UNDERSIGNED, being the Trustee hereinbefore named, for the purpose
of forming a business trust pursuant to the provisions of the Delaware Business
Trust Act, does make this certificate of trust, hereby declaring and further
certifying that this is its act and deed and that to the best of the
undersigned's knowledge and belief the facts herein stated are true.
[NAME OF OWNER TRUSTEE],
not in its individual capacity but
solely as owner trustee under a Trust
Agreement dated as of August 28,
1997
By:
Name:
Title:
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<PAGE>
EXHIBIT C
[FORM OF RULE 144A INVESTMENT REPRESENTATION]
Description of Rule 144A Securities, including
numbers:
The undersigned seller, as registered holder (the "Seller"),
intends to transfer the Rule 144A Securities described above to the undersigned
buyer (the "Buyer").
1. In connection with such transfer and in accordance with the
agreements pursuant to which the Rule 144A Securities were issued, the Seller
hereby certifies the following facts: Neither the Seller nor anyone acting on
its behalf has offered, transferred, pledged, sold or otherwise disposed of the
Rule 144A Securities, any interest in the Rule 144A Securities or any other
similar security to, or solicited any offer to buy or accept a transfer, pledge
or other disposition of the Rule 144A Securities, any interest in the Rule 144A
Securities or any other similar security from, or otherwise approached or
negotiated with respect to the Rule 144A Securities, any interest in the Rule
144A Securities 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, that would constitute a distribution of the
Rule 144A Securities under the Securities Act of 1933, as amended (the "1933
Act"), or that would render the disposition of the Rule 144A Securities a
violation of Section 5 of the 1933 Act or require registration pursuant thereto,
and that the Seller has not offered the Rule 144A Securities to any person other
than the Buyer or another "qualified institutional buyer" as defined in Rule
144A under the 1933 Act.
2. The Buyer warrants and represents to, and covenants with,
the Owner Trustee and the Depositor (as defined in the Trust Agreement (the
"Agreement"), dated as of _________, ____ between Residential Funding Mortgage
Securities II, Inc., as Depositor and ______________________, as Owner Trustee
pursuant to Section 3.05 of the Agreement and __________________________________
as indenture trustee, as follows:
a. The Buyer understands that the Rule 144A
Securities have not been registered under the 1933 Act or the
securities laws of any state.
b. The Buyer 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 Rule 144A
Securities.
c. The Buyer has been furnished with all information
regarding the Rule 144A Securities that it has requested from the
Seller, the Indenture Trustee, the Owner Trustee or the Master
Servicer.
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<PAGE>
d. Neither the Buyer nor anyone acting on its behalf
has offered, transferred, pledged, sold or otherwise disposed of the
Rule 144A Securities, any interest in the Rule 144A Securities or any
other similar security to, or solicited any offer to buy or accept a
transfer, pledge or other disposition of the Rule 144A Securities, any
interest in the Rule 144A Securities or any other similar security
from, or otherwise approached or negotiated with respect to the Rule
144A Securities, any interest in the Rule 144A Securities 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, that would constitute a distribution of the
Rule 144A Securities under the 1933 Act or that would render the
disposition of the Rule 144A Securities 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 Rule 144A Securities.
e. The Buyer is a "qualified institutional buyer" as
that term is defined in Rule 144A under the 1933 Act and has completed
either of the forms of certification to that effect attached hereto as
Annex 1 or Annex 2. The Buyer is aware that the sale to it is being
made in reliance on Rule 144A. The Buyer is acquiring the Rule 144A
Securities for its own account or the accounts of other qualified
institutional buyers, understands that such Rule 144A Securities may be
resold, pledged or transferred only (i) to a person reasonably believed
to be a qualified institutional buyer that purchases for its own
account or for the account of a qualified institutional buyer to whom
notice is given that the resale, pledge or transfer is being made in
reliance on Rule 144A, or (ii) pursuant to another exemption from
registration under the 1933 Act.
3. The Buyer represents that:
(i) either (a) or (b) is satisfied, as marked below:
____ a. The Buyer is not any employee benefit plan
subject to the Employee Retirement Income Security Act of 1974, as
amended ("ERISA"), or the Internal Revenue Code of 1986 (the "Code"), a
Person acting, directly or indirectly, on behalf of any such plan or
any Person acquiring such Certificates with "plan assets" of a Plan
within the meaning of the Department of Labor regulation promulgated at
29 C.F.R. ss.2510.3-101; or
____ b. The Buyer will provide the Depositor, the
Owner Trustee, the Certificate Registrar and the Master Servicer with
either: (x) an opinion of counsel, satisfactory to the Depositor, the
Owner Trustee, the Certificate Registrar and the Master Servicer, to
the effect that the purchase and holding of a Certificate by or on
behalf of the Buyer is permissible under applicable law, will not
constitute or result in a prohibited transaction under Section 406 of
ERISA or Section 4975 of the Code (or comparable provisions of any
subsequent enactments) and will not subject the Depositor, the Owner
Trustee, the Certificate Registrar, the Master Servicer or the
Administrator to any obligation or liability (including liabilities
under ERISA or Section 4975 of the Code) in addition to those
undertaken in the Trust Agreement, which opinion of counsel shall not
be an expense of the Depositor, the Owner Trustee, the Certificate
Registrar, the
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<PAGE>
Master Servicer or the Administrator; or (y) in lieu of such opinion of
counsel, a certification in the form of Exhibit G to the Trust
Agreement; and
(ii) the Buyer is familiar with the prohibited transaction restrictions
and fiduciary responsibility requirements of Sections 406 and 407 of
ERISA and Section 4975 of the Code and understands that each of the
parties to which this certification is made is relying and will
continue to rely on the statements made in this paragraph 3.
4. This document 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 document.
IN WITNESS WHEREOF, each of the parties has executed this
document as of the date set forth below.
Print Name of Seller Print Name of Buyer
By: By:
Name: Name:
Title: Title:
Taxpayer Identification: Taxpayer Identification:
No. No.
Date: Date:
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<PAGE>
ANNEX 1 TO EXHIBIT C
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers Other Than Registered Investment Companies]
The undersigned hereby certifies as follows in connection with the Rule
144A Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President, Chief
Financial Officer, Senior Vice President or other executive officer of the
Buyer.
2. In connection with purchases by the Buyer, the Buyer is a
"qualified institutional buyer" as that term is defined in Rule 144A under the
Securities Act of 1933 ("Rule 144A") because (i) the Buyer owned and/or invested
on a discretionary basis $______________________1 in securities (except for the
excluded securities referred to below) as of the end of the Buyer's most recent
fiscal year (such amount being calculated in accordance with Rule 144A) and (ii)
the Buyer satisfies the criteria in the category marked below.
___ Corporation, etc. The Buyer is a corporation (other than a bank,
savings and loan association or similar institution), Massachusetts
or similar business trust, partnership, or charitable organization
described in Section 501(c)(3) of the Internal Revenue Code.
___ Bank. The Buyer (a) is a national bank or banking institution
organized under the laws of any State, territory or the District of
Columbia, the business of which is substantially confined to
banking and is supervised by the State or territorial banking
commission or similar official or is a foreign bank or equivalent
institution, and (b) has an audited net worth of at least
$25,000,000 as demonstrated in its latest annual financial
statements, a copy of which is attached hereto.
- --------
1 Buyer must own and/or invest on a discretionary basis at least $100,000,000 in
securities unless Buyer is a dealer, and, in that case, Buyer must own and/or
invest on a discretionary basis at least $10,000,000 in securities.
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<PAGE>
___ Savings and Loan. The Buyer (a) is a savings and loan association,
building and loan association, cooperative bank, homestead
association or similar institution, which is supervised and
examined by a State or Federal authority having supervision over
any such institutions or is a foreign savings and loan association
or equivalent institution and (b) has an audited net worth of at
least $25,000,000 as demonstrated in its latest annual financial
statements.
___ Broker-Dealer. The Buyer is a dealer registered pursuant to Section 15 of
the ------------- Securities Exchange Act of 1934.
___ Insurance Company. The Buyer is an insurance company whose primary
and predominant business activity is the writing of insurance or
the reinsuring of risks underwritten by insurance companies and
which is subject to supervision by the insurance commissioner or a
similar official or agency of a State or territory or the District
of Columbia.
___ State or Local Plan. The Buyer is a plan established and maintained by a
State, its political subdivisions, or any agency or instrumentality of the
State or its political subdivisions, for the benefit of its employees.
___ ERISA Plan. The Buyer is an employee benefit plan within the
meaning of Title I of the Employee Retirement Income Security Act
of 1974.
___ Investment Adviser. The Buyer is an investment adviser registered under the
Investment Advisers Act of 1940.
___ SBIC. The Buyer is a Small Business Investment Company licensed by the U.S.
Small Business Administration under Section 301(c) or (d) of the Small
Business Investment Act of 1958.
___ Business Development Company. The Buyer is a business development company
as defined in Section 202(a)(22) of the Investment Advisers Act of 1940.
___ Trust Fund. The Buyer is a trust fund whose trustee is a bank or
trust company and whose participants are exclusively (a) plans
established and maintained by a State, its political subdivisions,
or any agency or instrumentality of the State or its political
subdivisions, for the benefit of its employees, or (b) employee
benefit plans within the meaning of Title I of the Employee
Retirement Income Security Act of 1974, but is not a trust fund
that includes as participants individual retirement accounts or
H.R. 10 plans.
3. The term "securities" as used herein does not include (i)
securities of issuers that are affiliated with the Buyer, (ii) securities that
are part of an unsold allotment to or subscription by the Buyer, if the Buyer is
a dealer, (iii) bank deposit notes and certificates of deposit, (iv) loan
participations, (v) repurchase agreements, (vi) securities owned but subject to
a repurchase agreement and (vii) currency, interest rate and commodity swaps.
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<PAGE>
4. For purposes of determining the aggregate amount of securities
owned and/or invested on a discretionary basis by the Buyer, the Buyer used the
cost of such securities to the Buyer and did not include any of the securities
referred to in the preceding paragraph. Further, in determining such aggregate
amount, the Buyer may have included securities owned by subsidiaries of the
Buyer, but only if such subsidiaries are consolidated with the Buyer in its
financial statements prepared in accordance with generally accepted accounting
principles and if the investments of such subsidiaries are managed under the
Buyer's direction. However, such securities were not included if the Buyer is a
majority-owned, consolidated subsidiary of another enterprise and the Buyer is
not itself a reporting company under the Securities Exchange Act of 1934.
5. The Buyer acknowledges that it is familiar with Rule 144A and
understands that the seller to it and other parties related to the Rule 144A
Securities are relying and will continue to rely on the statements made herein
because one or more sales to the Buyer may be in reliance on Rule 144A.
___ ___ Will the Buyer be purchasing the Rule 144A
Yes No Securities only for the Buyer's own account?
6. If the answer to the foregoing question is "no", the Buyer
agrees that, in connection with any purchase of securities sold to the Buyer for
the account of a third party (including any separate account) in reliance on
Rule 144A, the Buyer will only purchase for the account of a third party that at
the time is a "qualified institutional buyer" within the meaning of Rule 144A.
In addition, the Buyer agrees that the Buyer will not purchase securities for a
third party unless the Buyer has obtained a current representation letter from
such third party or taken other appropriate steps contemplated by Rule 144A to
conclude that such third party independently meets the definition of "qualified
institutional buyer" set forth in Rule 144A.
7. The Buyer will notify each of the parties to which this
certification is made of any changes in the information and conclusions herein.
Until such notice is given, the Buyer's purchase of Rule 144A Securities will
constitute a reaffirmation of this certification as of the date of such
purchase.
Print Name of Buyer
By:
Name:
Title:
Date:
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<PAGE>
ANNEX 2 TO EXHIBIT C
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers That Are Registered Investment Companies]
The undersigned hereby certifies as follows in connection with
the Rule 144A Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President,
Chief Financial Officer or Senior Vice President of the Buyer or, if the Buyer
is a "qualified institutional buyer" as that term is defined in Rule 144A under
the Securities Act of 1933 ("Rule 144A") because Buyer is part of a Family of
Investment Companies (as defined below), is such an officer of the Adviser.
2. In connection with purchases by Buyer, the Buyer is a
"qualified institutional buyer" as defined in SEC Rule 144A because (i) the
Buyer is an investment company registered under the Investment Company Act of
1940, and (ii) as marked below, the Buyer alone, or the Buyer's Family of
Investment Companies, owned at least $100,000,000 in securities (other than the
excluded securities referred to below) as of the end of the Buyer's most recent
fiscal year. For purposes of determining the amount of securities owned by the
Buyer or the Buyer's Family of Investment Companies, the cost of such securities
was used.
____ The Buyer owned $___________________ in securities (other than the excluded
securities referred to below) as of the end of the Buyer's most recent
fiscal year (such amount being calculated in accordance with Rule 144A).
____ The Buyer is part of a Family of Investment Companies which
owned in the aggregate $______________ in securities (other
than the excluded securities referred to below) as of the end
of the Buyer's most recent fiscal year (such amount being
calculated in accordance with Rule 144A).
3. The term "Family of Investment Companies" as used herein
means two or more registered investment companies (or series thereof) that have
the same investment adviser or investment advisers that are affiliated (by
virtue of being majority owned subsidiaries of the same parent or because one
investment adviser is a majority owned subsidiary of the other).
4. The term "securities" as used herein does not include (i)
securities of issuers that are affiliated with the Buyer or are part of the
Buyer's Family of Investment Companies, (ii) bank deposit notes and certificates
of deposit, (iii) loan participations, (iv) repurchase agreements, (v)
securities owned but subject to a repurchase agreement and (vi) currency,
interest rate and commodity swaps.
5. The Buyer is familiar with Rule 144A and understands that each of the
parties to which this certification is made are relying and will continue to
rely on the statements
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<PAGE>
made herein because one or more sales to the Buyer will be in reliance on Rule
144A. In addition, the Buyer will only purchase for the Buyer's own account.
6. The undersigned will notify each of the parties to which
this certification is made of any changes in the information and conclusions
herein. Until such notice, the Buyer's purchase of Rule 144A Securities will
constitute a reaffirmation of this certification by the undersigned as of the
date of such purchase.
Print Name of Buyer
By:
Name:
Title:
IF AN ADVISER:
Print Name of Buyer
Date:
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<PAGE>
EXHIBIT D
FORM OF INVESTOR REPRESENTATION LETTER
, 19
Residential Funding Mortgage Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, MN 55437
The Chase Manhattan Bank
450 West 33rd Street, 10th Floor
New York, NY 10001
Attention: Corporate Trust Administration
Re: Home Equity Loan-Backed Certificates
Series 1997-GMACM4
Ladies and Gentlemen:
(the "Purchaser") intends to purchase from (the "Seller") $ [Initial
Security Balance of Certificates] [Variable Funding Certificates] of Series
1997-GMACM4 (the "Certificates"), issued pursuant to the Trust Agreement (the
"Trust Agreement"), dated as of August 28, 1997 between Residential Funding
Mortgage Securities II, Inc. as depositor (the "Company") and Wilmington Trust
Company, as owner trustee (the "Owner Trustee"), as acknowledged and agreed by
The Chase Manhattan Bank as Certificate Registrar. All terms used herein and not
otherwise defined shall have the meanings set forth in the Trust Agreement. The
Purchaser hereby certifies, represents and warrants to, and covenants with, the
Company and the Certificate Registrar that:
1. The Purchaser understands that (a) the
Certificates have not been and will not be registered or
qualified under the Securities Act of 1933, as amended (the
"Act") or any state securities law, (b) the Company is not
required to so register or qualify the Certificates, (c) the
Certificates may be resold only if registered and qualified
pursuant to the provisions of the Act or any state securities
law, or if an exemption from such registration and
qualification is available, (d) the Trust Agreement contains
restrictions regarding the transfer of the Certificates and
(e) the Certificates will bear a legend to the foregoing
effect.
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<PAGE>
2. The Purchaser is acquiring the Certificates for
its own account for investment only and not with a view to or
for sale in connection with any distribution thereof in any
manner that would violate the Act or any applicable state
securities laws.
3. The Purchaser is (a) a substantial, sophisticated
institutional investor having such knowledge and experience in
financial and business matters, and, in particular, in such
matters related to securities similar to the Certificates,
such that it is capable of evaluating the merits and risks of
investment in the Certificates, (b) able to bear the economic
risks of such an investment and (c) an "accredited investor"
within the meaning of Rule 501(a) promulgated pursuant to the
Act.
4. The Purchaser has been furnished with, and has had
an opportunity to review (a) [a copy of the Private Placement
Memorandum, dated , 19 , relating to the Certificates (b)] a
copy of the Trust Agreement and [b] [c] such other information
concerning the Certificates, the Revolving Credit Loans and
the Company as has been requested by the Purchaser from the
Company or the Seller and is relevant to the Purchaser's
decision to purchase the Certificates. The Purchaser has had
any questions arising from such review answered by the Company
or the Seller to the satisfaction of the Purchaser. [If the
Purchaser did not purchase the Certificates from the Seller in
connection with the initial distribution of the Certificates
and was provided with a copy of the Private Placement
Memorandum (the "Memorandum") relating to the original sale
(the "Original Sale") of the Certificates by the Company, the
Purchaser acknowledges that such Memorandum was provided to it
by the Seller, that the Memorandum was prepared by the Company
solely for use in connection with the Original Sale and the
Company did not participate in or facilitate in any way the
purchase of the Certificates by the Purchaser from the Seller,
and the Purchaser agrees that it will look solely to the
Seller and not to the Company with respect to any damage,
liability, claim or expense arising out of, resulting from or
in connection with (a) error or omission, or alleged error or
omission, contained in the Memorandum, or (b) any information,
development or event arising after the date of the
Memorandum.]
5. The Purchaser has not and will not nor has it authorized or will it
authorize any person to (a) offer, pledge, sell, dispose of or otherwise
transfer any Certificate, any interest in any Certificate or any other similar
security to any person in any manner, (b) solicit any offer to buy or to accept
a pledge, disposition of other transfer of any Certificate, any interest in any
Certificate or any other similar security from any person in any manner, (c)
otherwise approach or negotiate with respect to any Certificate, any interest in
any Certificate or any other similar security with any person in any manner, (d)
make any general solicitation by means of general advertising or in any other
manner or (e) take any other action, that (as to any of (a) through (e) above)
would constitute a distribution of any Certificate under the Act, that would
render the disposition of any Certificate a violation of Section 5 of the Act or
any state securities law, or that would require registration or qualification
pursuant thereto. The Purchaser
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D-2
<PAGE>
will not sell or otherwise transfer any of the Certificates,
except in compliance with the provisions of the Trust
Agreement.
6. The Purchaser represents:
(i) that either (a) or (b) is satisfied, as marked below:
____ a. The Purchaser is not any employee benefit
plan subject to the Employee Retirement Income Security Act of 1974, as
amended ("ERISA"), or the Internal Revenue Code of 1986 (the "Code"), a
Person acting, directly or indirectly, on behalf of any such plan or
any Person acquiring such Certificates with "plan assets" of a Plan
within the meaning of the Department of Labor regulation promulgated at
29 C.F.R. ss.2510.3-101; or
____ b. The Purchaser will provide the Depositor, the
Owner Trustee, the Certificate Registrar and the Master Servicer with
either: (x) an opinion of counsel, satisfactory to the Depositor, the
Owner Trustee, the Certificate Registrar and the Master Servicer, to
the effect that the purchase and holding of a Certificate by or on
behalf of the Purchaser is permissible under applicable law, will not
constitute or result in a prohibited transaction under Section 406 of
ERISA or Section 4975 of the Code (or comparable provisions of any
subsequent enactments) and will not subject the Depositor, the Owner
Trustee, the Certificate Registrar or the Master Servicer to any
obligation or liability (including liabilities under ERISA or Section
4975 of the Code) in addition to those undertaken in the Trust
Agreement, which opinion of counsel shall not be an expense of the
Depositor, the Owner Trustee, the Certificate Registrar or the Master
Servicer; or (y) in lieu of such opinion of counsel, a certification in
the form of Exhibit G to the Trust Agreement; and
(ii) the Purchaser is familiar with the prohibited transaction
restrictions and fiduciary responsibility requirements of Sections 406
and 407 of ERISA and Section 4975 of the Code and understands that each
of the parties to which this certification is made is relying and will
continue to rely on the statements made in this paragraph 6.
7. The Purchaser is not a non-United States person.
Very truly yours,
By:
Name:
Title:
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D-3
<PAGE>
EXHIBIT E
FORM OF TRANSFEROR REPRESENTATION LETTER
, 19
Residential Funding Mortgage Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, MN 55437
The Chase Manhattan Bank
450 West 33rd Street, 10th Floor
New York, NY 10001
Attention: Corporate Trust Administration
Re: Home Equity Loan-Backed Certificates
Series 1997-GMACM4
Ladies and Gentlemen:
(the "Purchaser") intends to purchase from (the "Seller") a ___%
Certificate Percentage Interest of [Certificates] Series 1997-GMACM4 (the
"Certificates"), issued pursuant to the Trust Agreement (the "Trust Agreement"),
dated as of August 28, 1997 between Residential Funding Mortgage Securities II,
Inc. as depositor (the "Company") and Wilmington Trust Company, as owner trustee
(the "Owner Trustee"), as acknowledged and agreed by The Chase Manhattan Bank as
Certificate Registrar. All terms used herein and not otherwise defined shall
have the meanings set forth in the Trust Agreement. The Seller hereby certifies,
represents and warrants to, and covenants with, the Company and the Certificate
Registrar that:
Neither the Seller nor anyone acting on its behalf has (a)
offered, pledged, sold, disposed of or otherwise transferred any Certificate,
any interest in any Certificate or any other similar security to any person in
any manner, (b) has solicited any offer to buy or to accept a pledge,
disposition or other transfer of any Certificate, any interest in any
Certificate or any other similar security from any person in any manner, (c) has
otherwise approached or negotiated with respect to any Certificate, any interest
in any Certificate or any other similar security with any person in any manner,
(d) has made any general solicitation by means of general advertising or in any
other manner, or (e) has taken any other action, that (as to any of (a) through
(e) above) would constitute a distribution of the Certificates under the
Securities Act of 1933 (the "Act"), that would render the disposition of any
Certificate a violation of Section 5 of the Act or any state securities law, or
that would require registration or qualification pursuant thereto. The Seller
will
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E-1
<PAGE>
not act, in any manner set forth in the foregoing sentence with respect to any
Certificate. The Seller has not and will not sell or otherwise transfer any of
the Certificates, except in compliance with the provisions of the Trust
Agreement.
Very truly yours,
(Seller)
By:
Name:
Title:
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E-2
<PAGE>
EXHIBIT F
CERTIFICATE OF NON-FOREIGN STATUS
This Certificate of Non-Foreign Status ("certificate") is delivered
pursuant to Section 3.05 of the Trust Agreement, dated as of _________, ____
(the "Trust Agreement"), between Residential Funding Mortgage Securities II,
Inc., as depositor and ______________________, as Owner Trustee, in connection
with the acquisition of, transfer to or possession by the undersigned, whether
as beneficial owner (the "Beneficial Owner"), or nominee on behalf of the
Beneficial Owner of the Residential Home Equity Loan-Backed Certificates, Series
1997- GMACM4 (the "Certificate"). Capitalized terms used but not defined in this
certificate have the respective meanings given them in the Trust Agreement.
Each holder must complete Part I, Part II (if the holder is a nominee), and in
all cases sign and otherwise complete Part III. In addition, each holder shall
submit with the Certificate an IRS Form W-9 relating to such holder.
To confirm to the Trust that the provisions of Sections 871, 881 or 1446 of the
Internal Revenue Code (relating to withholding tax on foreign partners) do not
apply in respect of the Certificate held by the undersigned, the undersigned
hereby certifies:
Part I - Complete Either A or B
A.Individual as Beneficial Owner
1. I am (The Beneficial Owner is ) not a non-resident alien for
purposes of U.S. income taxation;
2. My (The Beneficial Owner's) name and home address are:
; and
3. My (The Beneficial Owner's) U.S. taxpayer identification number
(Social Security Number) is .
B.Corporate, Partnership or Other Entity as Beneficial Owner
1.(Name of the Beneficial Owner) is not a foreign
corporation, foreign partnership, foreign trust or foreign estate (as
those terms are defined in the Code and Treasury Regulations;
2. The Beneficial Owner's office address and place of incorporation
(if applicable) is
; and
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F-1
<PAGE>
3. The Beneficial Owner's U.S. employer identification number is
.
Part II - Nominees
If the undersigned is the nominee for the Beneficial Owner, the
undersigned certifies that this certificate has been made in reliance upon
information contained in:
an IRS Form W-9
a form such as this or substantially similar
provided to the undersigned by an appropriate person and (i) the undersigned
agrees to notify the Trust at least thirty (30) days prior to the date that the
form relied upon becomes obsolete, and (ii) in connection with change in
Beneficial Owners, the undersigned agrees to submit a new Certificate of
Non-Foreign Status to the Trust promptly after such change.
Part III - Declaration
The undersigned, as the Beneficial Owner or a nominee thereof, agrees
to notify the Trust within sixty (60) days of the date that the Beneficial Owner
becomes a foreign person. The undersigned understands that this certificate may
be disclosed to the Internal Revenue Service by the Trust and any false
statement contained therein could be punishable by fines, imprisonment or both.
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<PAGE>
Under penalties of perjury, I declare that I have examined this
certificate and to the best of my knowledge and belief it is true, correct and
complete and will further declare that I will inform the Trust of any change in
the information provided above, and, if applicable, I further declare that I
have the authority* to sign this document.
Name
Title (if applicable)
Signature and Date
*NOTE: If signed pursuant to a power of attorney, the power of attorney must
accompany this certificate.
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F-3
<PAGE>
EXHIBIT G
FORM OF ERISA REPRESENTATION LETTER
_____________, 199__
Residential Funding Mortgage
Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, MN 55437
Wilmington Trust Company
[ADDRESS]
Residential Funding Corporation
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, MN 55437
[CERTIFICATE REGISTRAR]
Re: Residential Funding Mortgage Securities II, Inc.
Home Equity Loan-Backed Certificates, Series 1997-GMACM4
Dear Sirs:
__________________________________ (the "Transferee") intends
to acquire from _____________________ (the "Transferor") a ____% Certificate
Percentage Interest of Residential Mortgage Securities II, Inc. Home Equity
Loan-Backed Certificates, Series 1997- GMACM4 (the "Certificates"), issued
pursuant to a Trust Agreement (the "Trust Agreement") dated August 28, 1997
among Residential Funding Mortgage Securities II, Inc., as depositor (the
"Depositor") and Wilmington Trust Company, as trustee (the "Owner Trustee").
Capitalized terms used herein and not otherwise defined shall have the meanings
assigned thereto in the Trust Agreement.
The Transferee hereby certifies, represents and warrants to, and
covenants with, the Depositor, the Owner Trustee, the Certificate Registrar and
the Master Servicer that either:
(1) The Certificates (i) are not being acquired by, and will
not be transferred to, any employee benefit plan within the meaning of
section 3(3) of the Employee Retirement Income Security Act of 1974, as
amended ("ERISA") or other retirement arrangement, including individual
retirement accounts and annuities, Keogh plans and bank collective
investment funds and insurance company general or separate accounts in
which such plans, accounts or arrangements are invested, that is
subject to Section 406 of ERISA or Section 4975 of the Internal Revenue
Code of 1986 (the "Code") (any of the
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<PAGE>
foregoing, a "Plan"), (ii) are not being acquired with "plan assets" of
a Plan within the meaning of the Department of Labor ("DOL")
regulation, 29 C.F.R. ss. 2510.3-101, and (iii) will not be transferred
to any entity that is deemed to be investing in plan assets within the
meaning of the DOL regulation, 29 C.F.R. ss. 2510.3-101; or
(2) The purchase of the Certificates is permissible under
applicable law, will not constitute or result in any prohibited
transaction under ERISA or Section 4975 of the Code, will not subject
the Depositor or the Trustee to any obligation in addition to those
undertaken in the Trust Agreement and, with respect to each source of
funds being used by the Transferee to acquire the Certificates (each
being referred to as a "Source") and the following statements in either
(a) or (b):
(a) the Transferee is an insurance company and (i)
the Source is assets of its "general account," (ii) the
conditions set forth in PTCE 95-60 issued by the DOL have been
satisfied and the purchase and holding of Certificates by or
on behalf of the Transferee are exempt under PTCE 95-60 and
(iii) the amount of reserves and liabilities for such general
account contracts held by or on behalf of any Plan do not
exceed 10% of the total reserves and liabilities of such
general account plus surplus as of the date hereof (for
purposes of this clause, all Plans maintained by the same
employer (or affiliate thereof) or employee organization are
deemed to be a single Plan) in connection with its purchase
and holding of such Certificates; or
(b) the Transferee is an insurance company and (i)
the Source is assets of its "general account," (ii) the
requirements of Section 401(c) of ERISA and the DOL
regulations to be promulgated thereunder ("401(c)
Regulations") have been satisfied and will continue to be
satisfied and (iii) the Transferee represents that it
understands that the operation of the general account after
December 31, 1998 may affect its ability to continue to hold
the Certificates after the date which is 18 months after the
401(c) Regulations become final and unless a class exemption
issued by the DOL or an exception under Section 401(c) of
ERISA is then available for the continued holding of
Certificates, if the assets of the general account constitute
Plan Assets, it will dispose of the Certificates prior to the
date which is 18 months after the 401(c) Regulations become
final.
(3) The Transferee is familiar with the prohibited transaction
restrictions and fiduciary responsibility requirements of Sections 406
and 407 of ERISA and Section 4975 of the Code and understands that each
of the parties to which this certification is made is relying and will
continue to rely on the statements made herein.
Very truly yours,
By:
Name:
Title:
[TPW: NY01:0601213.07] 16069-00406 08/28/97 3:10PM
G-2
<PAGE>
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<PAGE>
EXHIBIT H
FORM OF REPRESENTATION LETTER
_____________, 199__
Residential Funding Mortgage
Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, Minnesota 55437
Wilmington Trust Company
Rodney Square North
1100 North Market Street
Wilmington, Delaware 19890
Residential Funding Corporation
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, Minnesota 55437
[CERTIFICATE REGISTRAR]
Re: Residential Funding Mortgage Securities II, Inc.
Home Equity Loan-Backed Certificates, Series 1997-GMACM4
Dear Sirs:
__________________________________ (the "Transferee") intends
to acquire from _____________________ (the "Transferor") a ___% Certificate
Percentage Interest of Residential Mortgage Securities II, Inc. Home Equity
Loan-Backed Certificates, Series 1997-GMACM4 (the "Certificates"), issued
pursuant to a Trust Agreement (the "Trust Agreement") dated August 28, 1997
among Residential Funding Mortgage Securities II, Inc., as depositor (the
"Depositor") and Wilmington Trust Company, as trustee (the "Owner Trustee").
Capitalized terms used herein and not otherwise defined shall have the meanings
assigned thereto in the Trust Agreement.
The Transferee hereby certifies, represents and warrants to,
and covenants with, the Depositor, the Owner Trustee, the Certificate Registrar
and the Master Servicer that:
(1) the Transferee is acquiring the Certificate for its own behalf and is
not acting as agent or custodian for any other person or entity in connection
with such acquisition; and
(2) the Transferee is not a partnership, grantor trust or S corporation for
federal income tax purposes, or, if the Transferee is a partnership, grantor
trust or S
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<PAGE>
corporation for federal income tax purposes, the Certificates are not
more than 50% of the assets of the partnership, grantor trust or S
corporation.
Very truly yours,
By:
Name:
Title:
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G-2
<PAGE>
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<PAGE>
EXHIBIT 4.5
HOME EQUITY LOAN TRUST 1997-GMACM4
Issuer
AND
THE CHASE MANHATTAN BANK
Indenture Trustee
INDENTURE
Dated as of August 28, 1997
------------------------------------------
HOME EQUITY LOAN-BACKED TERM NOTES
HOME EQUITY LOAN-BACKED VARIABLE FUNDING NOTES
-------------
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<PAGE>
TABLE OF CONTENTS
Section Page
ARTICLE I
Definitions
1.01.Definitions........................................................... 2
-----------
1.02.Incorporation by Reference of Trust Indenture Act..................... 2
-------------------------------------------------
1.03.Rules of Construction................................................. 2
---------------------
ARTICLE II
Original Issuance of Notes
2.01.Form.................................................................. 4
----
2.02.Execution, Authentication and Delivery................................ 4
--------------------------------------
ARTICLE III
Covenants
3.01.Collection of Payments with respect to the Revolving Credit Loans..... 6
-----------------------------------------------------------------
3.02.Maintenance of Office or Agency....................................... 6
-------------------------------
3.03.Money for Payments To Be Held in Trust; Paying Agent.................. 6
----------------------------------------------------
3.04.Existence............................................................. 7
---------
3.05.Payment of Principal and Interest; Defaulted Interest................. 8
-----------------------------------------------------
3.06.Protection of Trust Estate............................................10
--------------------------
3.07.Opinions as to Trust Estate...........................................10
---------------------------
3.08.Performance of Obligations; Servicing Agreement.......................11
-----------------------------------------------
3.09.Negative Covenants....................................................11
------------------
3.10.Annual Statement as to Compliance.....................................12
---------------------------------
3.11.Recording of Assignments..............................................12
------------------------
3.12.Representations and Warranties Concerning the Revolving Credit
--------------------------------------------------------------
Loans.................................................................12
-----
3.13.Assignee of Record of the Mortgage Loans..............................13
----------------------------------------
3.14.Master Servicer as Agent and Bailee of the Indenture Trustee..........13
------------------------------------------------------------
3.15.Investment Company Act................................................13
----------------------
3.16.Issuer May Consolidate, etc...........................................13
----------------------------
3.17.Successor or Transferee...............................................15
-----------------------
3.18.No Other Business.....................................................15
-----------------
3.19.No Borrowing..........................................................15
------------
3.20.Guarantees, Loans, Advances and Other Liabilities.....................15
-------------------------------------------------
3.21.Capital Expenditures..................................................16
--------------------
3.22.Owner Trustee Not Liable for Certificates or Related Documents........16
--------------------------------------------------------------
3.23.Restricted Payments...................................................16
-------------------
3.24.Notice of Events of Default...........................................16
---------------------------
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i
<PAGE>
3.25.Further Instruments and Acts..........................................16
----------------------------
3.26.Statements to Noteholders.............................................16
-------------------------
3.27.Determination of Note Rate and Certificate Rate.......................16
-----------------------------------------------
3.28.Payments under the Credit Enhancement Instrument......................17
------------------------------------------------
ARTICLE IV
The Notes; Satisfaction and Discharge of Indenture
4.01.The Notes; Increase of Maximum Variable Funding Balance; Variable
Funding Notes.........................................................18
4.02.Registration of and Limitations on Transfer and Exchange of Notes;
Appointment of Certificate Registrar..................................19
------------------------------------
4.03.Mutilated, Destroyed, Lost or Stolen Notes............................21
------------------------------------------
4.04.Persons Deemed Owners.................................................21
---------------------
4.05.Cancellation..........................................................21
------------
4.06.Book-Entry Notes......................................................22
----------------
4.07.Notices to Depository.................................................23
---------------------
4.08.Definitive Notes......................................................23
----------------
4.09.Tax Treatment.........................................................23
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4.10.Satisfaction and Discharge of Indenture...............................23
---------------------------------------
4.11.Application of Trust Money............................................24
--------------------------
4.12.Subrogation and Cooperation...........................................25
---------------------------
4.13.Repayment of Monies Held by Paying Agent..............................25
----------------------------------------
4.14.Temporary Notes.......................................................26
---------------
5.01.Events of Default.....................................................27
-----------------
5.02.Acceleration of Maturity; Rescission and Annulment....................27
--------------------------------------------------
5.03.Collection of Indebtedness and Suits for Enforcement by Indenture
-----------------------------------------------------------------
Trustee...............................................................28
5.04.Remedies; Priorities..................................................30
--------------------
5.05.Optional Preservation of the Trust Estate.............................31
-----------------------------------------
5.06.Limitation of Suits...................................................32
-------------------
5.07.Unconditional Rights of Noteholders To Receive Principal and
Interest..............................................................32
--------
5.08.Restoration of Rights and Remedies....................................32
----------------------------------
5.09.Rights and Remedies Cumulative........................................33
------------------------------
5.10.Delay or Omission Not a Waiver........................................33
------------------------------
5.11.Control by Noteholders................................................33
----------------------
5.12.Waiver of Past Defaults...............................................34
-----------------------
5.13.Undertaking for Costs.................................................34
---------------------
5.14.Waiver of Stay or Extension Laws......................................34
--------------------------------
5.15.Sale of Trust Estate..................................................34
--------------------
5.16.Action on Notes.......................................................36
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ARTICLE VI
The Indenture Trustee
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6.01.Duties of Indenture Trustee...........................................38
---------------------------
6.02.Rights of Indenture Trustee...........................................39
---------------------------
6.03.Individual Rights of Indenture Trustee................................39
--------------------------------------
6.04.Indenture Trustee's Disclaimer........................................39
------------------------------
6.05.Notice of Event of Default............................................40
--------------------------
6.06.Reports by Indenture Trustee to Holders...............................40
---------------------------------------
6.07.Compensation and Indemnity............................................40
--------------------------
6.08.Replacement of Indenture Trustee......................................40
--------------------------------
6.09.Successor Indenture Trustee by Merger.................................41
-------------------------------------
6.10.Appointment of Co-Indenture Trustee or Separate Indenture Trustee.....42
-----------------------------------------------------------------
6.11.Eligibility; Disqualification.........................................43
-----------------------------
6.12.Preferential Collection of Claims Against Issuer......................43
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6.13.Representations and Warranties........................................43
------------------------------
6.14.Directions to Indenture Trustee.......................................44
-------------------------------
6.15.Indenture Trustee May Own Securities..................................44
------------------------------------
ARTICLE VII
Noteholders' Lists and Reports
7.01.Issuer To Furnish Indenture Trustee Names and Addresses of
Noteholders...........................................................45
-----------
7.02.Preservation of Information; Communications to Noteholders............45
----------------------------------------------------------
7.03.Reports by Issuer.....................................................45
-----------------
7.04.Reports by Indenture Trustee..........................................46
----------------------------
ARTICLE VIII
ccounts, Disbursements and Releases
8.01.Collection of Money...................................................47
-------------------
8.02.Trust Accounts........................................................47
--------------
8.03.Officer's Certificate.................................................47
---------------------
8.04.Termination Upon Distribution to Noteholders..........................47
--------------------------------------------
8.05.Release of Trust Estate...............................................48
-----------------------
8.06.Surrender of Notes Upon Final Payment.................................48
-------------------------------------
ARTICLE IX
Supplemental Indentures
9.01.Supplemental Indentures Without Consent of Noteholders................49
------------------------------------------------------
9.02.Supplemental Indentures With Consent of Noteholders...................50
---------------------------------------------------
9.03.Execution of Supplemental Indentures..................................51
------------------------------------
9.04.Effect of Supplemental Indenture......................................52
--------------------------------
9.05.Conformity with Trust Indenture Act...................................52
-----------------------------------
9.06.Reference in Notes to Supplemental Indentures.........................52
---------------------------------------------
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ARTICLE X
Miscellaneous
10.01. Compliance Certificates and Opinions, etc...........................53
-----------------------------------------
10.02. Form of Documents Delivered to Indenture Trustee....................54
------------------------------------------------
10.03. Acts of Noteholders.................................................55
-------------------
10.04. Notices, etc., to Indenture Trustee, Issuer, Credit Enhancer and
Rating Agencies.....................................................56
---------------
10.05. Notices to Noteholders; Waiver......................................56
------------------------------
10.06. Alternate Payment and Notice Provisions.............................57
---------------------------------------
10.07. Conflict with Trust Indenture Act...................................57
---------------------------------
10.08. Effect of Headings..................................................57
------------------
10.09. Successors and Assigns..............................................57
----------------------
10.10. Separability........................................................57
------------
10.11. Benefits of Indenture...............................................57
---------------------
10.12. Legal Holidays......................................................58
--------------
10.13. GOVERNING LAW.......................................................58
-------------
10.14. Counterparts........................................................58
------------
10.15. Recording of Indenture..............................................58
----------------------
10.16. Issuer Obligation...................................................58
-----------------
10.17. No Petition.........................................................58
-----------
10.18. Inspection..........................................................59
----------
Signatures and Seals ..................................................... 81
Acknowledgments .......................................................... 82
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EXHIBITS
Exhibit A-1 - Form of Term Notes
Exhibit A-2 - Form of Variable Funding Notes
Exhibit B - Form of 144A Investment Representation for Capped Funding Notes
Exhibit C - Form of Investor Representation Letter for Capped Funding Notes
Exhibit D - Form of Transferor Representation Letter for Capped Funding Notes
Appendix A Definitions
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This Indenture, dated as of August 28, 1997, between HOME EQUITY LOAN TRUST
1997-GMACM4, a Delaware business trust, as Issuer (the "Issuer"), and The Chase
Manhattan Bank, as Indenture Trustee (the "Indenture Trustee"),
WITNESSETH THAT:
Each party hereto agrees as follows for the benefit of the
other party and for the equal and ratable benefit of the Holders of the Issuer's
Series 1997-GMACM4 Home Equity Loan-Backed Term Notes and Home Equity
Loan-Backed Variable Funding Notes (together the
"Notes").
GRANTING CLAUSE
The Issuer hereby Grants to the Indenture Trustee at the
Closing Date, as trustee for the benefit of the Holders of the Notes, all of the
Issuer's right, title and interest in and to whether now existing or hereafter
created (a) the Revolving Credit Loans, (b) all funds on deposit from time to
time in the Payment Account and in all proceeds thereof; (c) the Credit
Enhancement Instrument and (d) all present and future claims, demands, causes
and chooses in action in respect of any or all of the foregoing and all payments
on or under, and all proceeds of every kind and nature whatsoever in respect of,
any or all of the foregoing and all payments on or under, and all proceeds of
every kind and nature whatsoever in the conversion thereof, voluntary or
involuntary, into cash or other liquid property, all cash proceeds, accounts,
accounts receivable, notes, drafts, acceptances, checks, deposit accounts,
rights to payment of any and every kind, and other forms of obligations and
receivables, instruments and other property which at any time constitute all or
part of or are included in the proceeds of any of the foregoing (collectively,
the "Trust Estate" or the "Collateral").
The foregoing Grant is made in trust to secure the payment of
principal of and interest on, and any other amounts owing in respect of, the
Notes, equally and ratably without prejudice, priority or distinction, and to
secure compliance with the provisions of this Indenture, all as provided in this
Indenture.
The foregoing Grant shall inure to the benefit of the Credit
Enhancer in respect of draws made on the Credit Enhancement Instrument and
amounts owing from time to time pursuant to the Insurance Agreement (regardless
of whether such amounts relate to the Notes or the Certificates), and such Grant
shall continue in full force and effect for the benefit of the Credit Enhancer
until all such amounts owing to it have been repaid in full.
The Indenture Trustee, as trustee on behalf of the Holders of
the Notes, acknowledges such Grant, accepts the trust under this Indenture in
accordance with the provisions hereof and agrees to perform its duties as
Indenture Trustee as required herein.
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ARTICLE I
Definitions
Section 1.01. Definitions. For all purposes of this Indenture, except
as otherwise expressly provided herein or unless the context otherwise requires,
capitalized terms not otherwise defined herein shall have the meanings assigned
to such terms in the Definitions attached hereto as Appendix A which is
incorporated by reference herein. All other capitalized terms used herein shall
have the meanings specified herein.
Section 1.02. Incorporation by Reference of Trust Indenture Act. Whenever
this Indenture refers to a provision of the Trust Indenture Act (the "TIA"), the
provision is incorporated by reference in and made a part of this Indenture. The
following TIA terms used in this Indenture have the following meanings:
"Commission" means the Securities and Exchange Commission.
"indenture securities" means the Notes.
"indenture security holder" means a Noteholder.
"indenture to be qualified" means this Indenture.
"indenture trustee" or "institutional trustee" means the Indenture Trustee.
"obligor" on the indenture securities means the Issuer and any other obligor on
the indenture securities.
All other TIA terms used in this Indenture that are defined
by the TIA, defined by TIA reference to another statute or defined by
Commission rule have the meaning assigned to them by such definitions.
Section 1.03. Rules of Construction. Unless the context otherwise requires:
(i) a term has the meaning assigned to it;
(ii) an accounting term not otherwise defined has the meaning assigned to
it in accordance with generally accepted accounting principles as in effect from
time to time;
(iii) "or" is not exclusive;
(iv) "including" means including without limitation;
(v) words in the singular include the plural and words in the plural
include the singular; and
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(vi) any agreement, instrument or statute defined or
referred to herein or in any instrument or certificate delivered in
connection herewith means such agreement, instrument or statute as from
time to time amended, modified or supplemented and includes (in the
case of agreements or instruments) references to all attachments
thereto and instruments incorporated therein; references to a Person
are also to its permitted successors and assigns.
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ARTICLE II
Original Issuance of Notes
Section 2.01. Form. The Term Notes and the Variable Funding Notes, in
each case together with the Indenture Trustee's certificate of authentication,
shall be in substantially the forms set forth in Exhibits A-1 and A-2,
respectively, with such appropriate insertions, omissions, substitutions and
other variations as are required or permitted by this Indenture and may have
such letters, numbers or other marks of identification and such legends or
endorsements placed thereon as may, consistently herewith, be determined by the
officers executing such Notes, as evidenced by their execution of the Notes. Any
portion of the text of any Note may be set forth on the reverse thereof, with an
appropriate reference thereto on the face of the Note.
The Notes shall be typewritten, printed, lithographed or engraved or
produced by any combination of these methods (with or without steel engraved
borders), all as determined by the Authorized Officers executing such Notes, as
evidenced by their execution of such Notes.
The terms of the Notes set forth in Exhibits A-1 and A-2 are part of
the terms of this Indenture.
Section 2.02. Execution, Authentication and Delivery. The Notes shall be
executed on behalf of the Issuer by any of its Authorized Officers. The
signature of any such Authorized Officer on the Notes may be manual or
facsimile.
Notes bearing the manual or facsimile signature of individuals who were
at any time Authorized Officers of the Issuer shall bind the Issuer,
notwithstanding that such individuals or any of them have ceased to hold such
offices prior to the authentication and delivery of such Notes or did not hold
such offices at the date of such Notes.
The Indenture Trustee shall upon Issuer Request authenticate and
deliver Term Notes for original issue in an aggregate initial principal amount
of $194,000,000 and Variable Funding Notes for original issue in an aggregate
initial principal amount of zero. The Security Balance of the Variable Funding
Notes in the aggregate may not exceed the Maximum Variable Funding
Note Balance.
Each Note shall be dated the date of its authentication. The Notes
shall be issuable as registered Notes and the Term Notes shall be issuable in
the minimum initial Security Balances of $1,000 and in integral multiples of
$1,000 in excess thereof.
Each Variable Funding Note shall be initially issued with a Security
Balance of $0 or, if applicable, with a Security Balance in the amount equal to
the Additional Balance Differential for the Collection Period related to the
Payment Date following the date of issuance of such Variable Funding Note
pursuant to Section 4.01(c).
No Note shall be entitled to any benefit under this Indenture or be
valid or obligatory for any purpose, unless there appears on such Note a
certificate of authentication substantially in the
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form provided for herein executed by the Indenture Trustee by the manual
signature of one of its authorized signatories, and such certificate upon any
Note shall be conclusive evidence, and the only evidence, that such Note has
been duly authenticated and delivered hereunder.
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ARTICLE III
Covenants
Section 3.01. Collection of Payments with respect to the Revolving
Credit Loans. The Indenture Trustee shall establish and maintain with itself the
Payment Account in which the Indenture Trustee shall, subject to the terms of
this paragraph, deposit, on the same day as it is received from the Master
Servicer, each remittance received by the Indenture Trustee with respect to the
Revolving Credit Loans. The Indenture Trustee shall make all payments of
principal of and interest on the Notes, subject to Section 3.03 as provided in
Section 3.05 herein from monies on deposit in the Payment Account.
Section 3.02. Maintenance of Office or Agency. The Issuer will maintain
in the City of New York, an office or agency where, subject to satisfaction of
conditions set forth herein, Notes may be surrendered for registration of
transfer or exchange, and where notices and demands to or upon the Issuer in
respect of the Notes and this Indenture may be served. The Issuer hereby
initially appoints the Indenture Trustee to serve as its agent for the foregoing
purposes. If at any time the Issuer shall fail to maintain any such office or
agency or shall fail to furnish the Indenture Trustee with the address thereof,
such surrenders, notices and demands may be made or served at the Corporate
Trust Office, and the Issuer hereby appoints the Indenture Trustee as its agent
to receive all such surrenders, notices and demands.
Section 3.03. Money for Payments To Be Held in Trust; Paying Agent. (a)
As provided in Section 3.01, all payments of amounts due and payable with
respect to any Notes that are to be made from amounts withdrawn from the Payment
Account pursuant to Section 3.01 shall be made on behalf of the Issuer by the
Indenture Trustee or by the Paying Agent, and no amounts so withdrawn from the
Payment Account for payments of Notes shall be paid over to the Issuer except as
provided in this Section 3.03.
The Issuer will cause each Paying Agent other than the Indenture
Trustee to execute and deliver to the Indenture Trustee an instrument in which
such Paying Agent shall agree with the Indenture Trustee (and if the Indenture
Trustee acts as Paying Agent it hereby so agrees), subject to the provisions of
this Section 3.03, that such Paying Agent will:
(i) hold all sums held by it for the payment of amounts
due with respect to the Notes in trust for the benefit of the Persons
entitled thereto until such sums shall be paid to such Persons or
otherwise disposed of as herein provided and pay such sums to such
Persons as herein provided;
(ii) give the Indenture Trustee and the Credit Enhancer
written notice of any default by the Issuer of which it has actual
knowledge in the making of any payment required to be made with respect
to the Notes;
(iii) at any time during the continuance of any such
default, upon the written request of the Indenture Trustee, forthwith
pay to the Indenture Trustee all sums so held in trust by such Paying
Agent;
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(iv) immediately resign as Paying Agent and forthwith
pay to the Indenture Trustee all sums held by it in trust for the
payment of Notes if at any time it ceases to meet the standards
required to be met by a Paying Agent at the time of its appointment;
(v) comply with all requirements of the Code with
respect to the withholding from any payments made by it on any Notes of
any applicable withholding taxes imposed thereon and with respect to
any applicable reporting requirements in connection therewith; and
(vi) deliver to the Indenture Trustee a copy of the
statement to Noteholders prepared with respect to each Payment Date by
the Administrator pursuant to Section 4.01 of the Servicing Agreement.
The Issuer may at any time, for the purpose of obtaining the
satisfaction and discharge of this Indenture or for any other purpose, by Issuer
Request direct any Paying Agent to pay to the Indenture Trustee all sums held in
trust by such Paying Agent, such sums to be held by the Indenture Trustee upon
the same trusts as those upon which the sums were held by such Paying Agent; and
upon such payment by any Paying Agent to the Indenture Trustee, such Paying
Agent shall be released from all further liability with respect to such money.
Subject to applicable laws with respect to escheat of funds, any money
held by the Indenture Trustee or any Paying Agent in trust for the payment of
any amount due with respect to any Note and remaining unclaimed for one year
after such amount has become due and payable shall be discharged from such trust
and be paid to the Issuer on Issuer Request; and the Holder of such Note shall
thereafter, as an unsecured general creditor, look only to the Issuer for
payment thereof (but only to the extent of the amounts so paid to the Issuer),
and all liability of the Indenture Trustee or such Paying Agent with respect to
such trust money shall thereupon cease; provided, however, that the Indenture
Trustee or such Paying Agent, before being required to make any such repayment,
shall at the expense and direction of the Issuer cause to be published once, in
an Authorized Newspaper, notice that such money remains unclaimed and that,
after a date specified therein, which shall not be less than 30 days from the
date of such publication, any unclaimed balance of such money then remaining
will be repaid to the Issuer. The Indenture Trustee may also adopt and employ,
at the expense and direction of the Issuer, any other reasonable means of
notification of such repayment (including, but not limited to, mailing notice of
such repayment to Holders whose Notes have been called but have not been
surrendered for redemption or whose right to or interest in monies due and
payable but not claimed is determinable from the records of the Indenture
Trustee or of any Paying Agent, at the last address of record for each such
Holder).
Section 3.04. Existence. The Issuer will keep in full effect its
existence, rights and franchises as a business trust under the laws of the State
of Delaware (unless it becomes, or any successor Issuer hereunder is or becomes,
organized under the laws of any other state or of the United States of America,
in which case the Issuer will keep in full effect its existence, rights and
franchises under the laws of such other jurisdiction) and will obtain and
preserve its qualification to do business in each jurisdiction in which such
qualification is or shall be necessary to protect the validity and
enforceability of this Indenture, the Notes, the Revolving Credit Loans and each
other instrument or agreement included in the Trust Estate.
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Section 3.05. Payment of Principal and Interest; Defaulted Interest.
(a) On each Payment Date from amounts on deposit in the Payment Account, the
Paying Agent shall pay to the Noteholders, the Certificate Paying Agent, on
behalf of the Certificateholders, and to other Persons the amounts to which they
are entitled, as set forth in the statements delivered to the Indenture Trustee
pursuant to Section 4.01 of the Servicing Agreement, as set forth below in the
following order of priority:
(i) to the Noteholders, as interest on the Term Notes and
Variable Funding Notes, interest for the related Interest Period at the
Note Rate less Interest Shortfalls on the Security Balances of Notes
immediately prior to such Payment Date, other than any
Interest Shortfalls;
(ii) to the Noteholders, as principal on the Term Notes and Variable
Funding Notes, pro rata based on the Security Balances thereof, the Principal
Collection Distribution Amount for such Payment Date;
(iii) to the Noteholders, as principal to the Term Notes
and Variable Funding Notes, pro rata based on the Security Balances
thereof, the Liquidation Loss Distribution Amounts for such Payment
Date, except to the extent attributable to Liquidation Loss Amounts for
all previous Collection Periods with respect to which payments were
made on the Notes by means of a draw on the Credit Enhancement
Instrument or otherwise;
(iv) to the Credit Enhancer, in the amount of the premium for the Credit
Enhancement Instrument (with interest thereon as provided in the Insurance
Agreement);
(v) to the Credit Enhancer, to reimburse it for prior
draws made on the Credit Enhancement Instrument (with interest thereon
as provided in the Insurance Agreement) (except for draws attributable
to Excess Loss Amounts);
(vi) to the Noteholders, as principal to the Term Notes
and Variable Funding Notes, pro rata based on the Security Balances
thereof, the amount necessary to bring the Outstanding Reserve Amount
up to the Reserve Amount Target;
(vii) to the Credit Enhancer, any other amounts owed to the Credit Enhancer
pursuant to the Insurance Agreement;
(viii) to pay the Term Notes and Variable Funding Notes,
any Interest Shortfalls not previously paid (together with interest
thereon at the Note Rate (as adjusted from time to time)), pro rata,
based on such amount remaining unpaid with respect to each of such
Notes;
(ix) to the Indenture Trustee, any amounts owing to the Indenture Trustee
pursuant to Section 6.07 remaining unpaid; and
(x) any remaining amount, to the Certificate Paying Agent, on behalf of the
holders of the Certificates.
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provided, however, in the event that on a Payment Date a Credit Enhancer Default
shall have occurred and be continuing then the priorities of distributions
described above will be adjusted such that payments of the Certificate
Distribution Amount and all other amounts to be paid to the Certificate Paying
Agent will not be paid until the full amount of interest and principal in
accordance with clauses (i) through (iii) and (vi) above that are due and
required to be paid on the Notes on such Payment Date have been paid and
provided, further, that on the Final Scheduled Payment Date or other final
Payment Date, the amount to be paid pursuant to clause (ii) above shall be equal
to the Security Balances of the Securities immediately prior to such Payment
Date. For purposes of the foregoing, required payments of principal on the Notes
on each Payment Date will include the pro rata portion allocable to the Notes of
all Liquidation Loss Amounts for such Payment Date and for all previous
Collection Periods until paid or covered in full, to the extent not otherwise
covered by a Liquidation Loss Distribution Amount, a reduction of the
Outstanding Reserve Amount or a draw on the Credit Enhancement Instrument (up to
the outstanding Security Balance thereof).
On each Payment Date, the Certificate Paying Agent shall deposit in the
Certificate Distribution Account all amounts it received pursuant to this
Section 3.05 for the purpose of
distributing such funds to the Certificateholders.
The amounts paid to Noteholders shall be paid to the Term Notes and the
Variable Funding Notes in accordance with the applicable percentage as set forth
in paragraph (b) below. Interest will accrue on the Notes during an Interest
Period on the basis of the actual number of days in such Interest Period and a
year assumed to consist of 360 days.
Any installment of interest or principal, if any, payable on any Note
that is punctually paid or duly provided for by the Issuer on the applicable
Payment Date shall, if such Holder holds Notes of an aggregate initial Security
Balance of at least $10,000, be paid to each Holder of record on the preceding
Record Date, by wire transfer to an account specified in writing by such Holder
reasonably satisfactory to the Indenture Trustee as of the preceding Record Date
or in all other cases or if no such instructions have been delivered to the
Indenture Trustee, by check to such Noteholder mailed to such Holder's address
as it appears in the Note Register the amount required to be distributed to such
Holder on such Payment Date pursuant to such Holder's Securities; provided,
however, that the Indenture Trustee shall not pay to such Holders any amount
required to be withheld from a payment to such Holder by the Code.
(b) The principal of each Note shall be due and payable in full on the
Final Scheduled Payment Date for such Note as provided in the related form of
Note set forth in Exhibits A-1 and A-2. All principal payments on each of the
Term Notes and the Variable Funding Notes shall be made to the Noteholders
entitled thereto in accordance with the Percentage Interests represented by such
Notes. Upon written notice to the Indenture Trustee by the Issuer, the Indenture
Trustee shall notify the Person in whose name a Note is registered at the close
of business on the Record Date preceding the Final Scheduled Payment Date or
other final Payment Date. Such notice shall be mailed no later than five
Business Days prior to such Final Scheduled Payment Date or other final Payment
Date and shall specify that payment of the principal amount and any interest due
with respect to such Note at the Final Scheduled Payment Date or other final
Payment Date will be payable only upon presentation and surrender of such
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Note and shall specify the place where such Note may be presented and
surrendered for such final payment.
Section 3.06. Protection of Trust Estate. (a) The Issuer will from time
to time execute and deliver all such supplements and amendments hereto and all
such financing statements, continuation statements, instruments of further
assurance and other instruments, and will take such other action necessary or
advisable to:
(i) maintain or preserve the lien and security interest (and the priority
thereof) of this Indenture or carry out more effectively the purposes hereof;
(ii) perfect, publish notice of or protect the validity of any Grant made
or to be made by this Indenture;
(iii) cause the Trust to enforce any of the Revolving Credit Loans; or
(iv) preserve and defend title to the Trust Estate and
the rights of the Indenture Trustee and the Noteholders in such Trust
Estate against the claims of all persons and parties.
(b) Except as otherwise provided in this Indenture, the Indenture
Trustee shall not remove any portion of the Trust Estate that consists of money
or is evidenced by an instrument, certificate or other writing from the
jurisdiction in which it was held at the date of the most recent Opinion of
Counsel delivered pursuant to Section 3.07 (or from the jurisdiction in which it
was held as described in the Opinion of Counsel delivered at the Closing Date
pursuant to Section 3.07(a), if no Opinion of Counsel has yet been delivered
pursuant to Section 3.07(b)) unless the Trustee shall have first received an
Opinion of Counsel to the effect that the lien and security interest created by
this Indenture with respect to such property will continue to be maintained
after giving effect to such action or actions.
The Issuer hereby designates the Indenture Trustee its agent and
attorney-in-fact to execute any financing statement, continuation statement or
other instrument required to be executed pursuant to this Section 3.06.
Section 3.07. Opinions as to Trust Estate. (a) On the Closing Date, the
Issuer shall furnish to the Indenture Trustee and the Owner Trustee an Opinion
of Counsel at the expense of the Issuer either stating that, in the opinion of
such counsel, such action has been taken with respect to the recording and
filing of this Indenture, any indentures supplemental hereto, and any other
requisite documents, and with respect to the execution and filing of any
financing statements and continuation statements, as are necessary to perfect
and make effective the lien and security interest in the Revolving Credit Loans
and reciting the details of such action, or stating that, in the opinion of such
counsel, no such action is necessary to make such lien and security interest
effective.
(b) On or before December 31st in each calendar year, beginning in
1997, the Issuer shall furnish to the Indenture Trustee an Opinion of Counsel at
the expense of the Issuer either stating that, in the opinion of such counsel,
such action has been taken with respect to the
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recording, filing, re-recording and refiling of this Indenture, any indentures
supplemental hereto and any other requisite documents and with respect to the
execution and filing of any financing statements and continuation statements as
is necessary to maintain the lien and security interest in the Revolving Credit
Loans and reciting the details of such action or stating that in the opinion of
such counsel no such action is necessary to maintain such lien and security
interest. Such Opinion of Counsel shall also describe the recording, filing,
re-recording and refiling of this Indenture, any indentures supplemental hereto
and any other requisite documents and the execution and filing of any financing
statements and continuation statements that will, in the opinion of such
counsel, be required to maintain the lien and security interest in the Revolving
Credit Loans until December 31 in the following calendar year.
Section 3.08. Performance of Obligations; Servicing Agreement. (a) The
Issuer will punctually perform and observe all of its obligations and agreements
contained in this Indenture, the Basic Documents and in the instruments and
agreements included in the Trust Estate.
(b) The Issuer may contract with other Persons to assist it in
performing its duties under this Indenture, and any performance of such duties
by a Person identified to the Indenture Trustee in an Officer's Certificate of
the Issuer shall be deemed to be action taken by the Issuer.
(c) The Issuer will not take any action or permit any action to be
taken by others which would release any Person from any of such Person's
covenants or obligations under any of the documents relating to the Revolving
Credit Loans or under any instrument included in the Trust Estate, or which
would result in the amendment, hypothecation, subordination, termination or
discharge of, or impair the validity or effectiveness of, any of the documents
relating to the Revolving Credit Loans or any such instrument, except such
actions as the Master Servicer is expressly permitted to take in the Servicing
Agreement.
(d) The Issuer may retain an administrator and may enter into contracts
with other Persons for the performance of the Issuer's obligations hereunder,
and performance of such obligations by such Persons shall be deemed to be
performance of such obligations by the Issuer.
Section 3.09. Negative Covenants. So long as any Notes are Outstanding, the
Issuer shall not:
(i) except as expressly permitted by this Indenture, sell, transfer,
exchange or otherwise dispose of the Trust Estate, unless directed to do so by
the Indenture Trustee;
(ii) claim any credit on, or make any deduction from the
principal or interest payable in respect of, the Notes (other than
amounts properly withheld from such payments under the Code) or assert
any claim against any present or former Noteholder by reason of the
payment of the taxes levied or assessed upon any part of the Trust
Estate;
(iii) (A) permit the validity or effectiveness of this
Indenture to be impaired, or permit the lien of this Indenture to be
amended, hypothecated, subordinated, terminated or discharged, or
permit any Person to be released from any covenants or
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obligations with respect to the Notes under this Indenture except as
may be expressly permitted hereby, (B) permit any lien, charge, excise,
claim, security interest, mortgage or other encumbrance (other than the
lien of this Indenture) to be created on or extend to or otherwise
arise upon or burden the Trust Estate or any part thereof or any
interest therein or the proceeds thereof or (C) permit the lien of this
Indenture not to constitute a valid first priority security interest in
the Trust Estate; or
(iv) impair or cause to be impaired the Issuer's
interest in the Revolving Credit Loans, the Designated Seller's
Agreement or in any Basic Document, if any such action would materially
and adversely affect the interests of the Noteholders.
Section 3.10. Annual Statement as to Compliance. The Issuer will
deliver to the Indenture Trustee, within 120 days after the end of each fiscal
year of the Issuer (commencing with the fiscal year 1997), an Officer's
Certificate stating, as to the Authorized Officer signing such Officer's
Certificate, that:
(i) a review of the activities of the Issuer during
such year and of its performance under this Indenture and the Trust
Agreement has been made under such Authorized Officer's supervision;
and
(ii) to the best of such Authorized Officer's knowledge,
based on such review, the Issuer has complied with all conditions and
covenants under this Indenture and the provisions of the Trust
Agreement throughout such year, or, if there has been a default in its
compliance with any such condition or covenant, specifying each such
default known to such Authorized Officer and the nature and status
thereof.
Section 3.11. Recording of Assignments. The Issuer shall enforce the
obligation of the Designated Seller under the Designated Seller's Agreement to
submit or cause to be submitted for recording all Assignments of Mortgages
within 60 days of receipt of recording information by the Master Servicer.
Section 3.12. Representations and Warranties Concerning the Revolving
Credit Loans. The Indenture Trustee, as pledgee of the Revolving Credit Loans,
has the benefit of the representations and warranties made by the Designated
Seller in Section 3.1(a) and Section 3.1(b) of the Designated Seller's Agreement
concerning the Revolving Credit Loans and the right to enforce the remedies
against the Designated Seller provided in such Section 3.1(a) or Section 3.1(b)
to the same extent as though such representations and warranties were made
directly to the Indenture Trustee.
Section 3.13. Assignee of Record of the Mortgage Loans. As pledgee of
the Revolving Credit Loans, the Indenture Trustee shall hold record title to the
Revolving Credit Loans by being named as payee in the endorsements of the
Mortgage Notes and assignee in the Assignments of Mortgage to be recorded under
Section 2.1 of the Designated Seller's Agreement. Except as expressly provided
in the Designated Seller's Agreement or in the Servicing Agreement with respect
to any specific Revolving Credit Loan, the Indenture Trustee shall not execute
any endorsement or assignment or otherwise release or transfer such record
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title to any of the Revolving Credit Loans until such time as the remaining
Trust Estate may be released pursuant to Section 8.05(b).
Section 3.14. Master Servicer as Agent and Bailee of the Indenture
Trustee. Solely for purposes of perfection under Section 9-305 of the Uniform
Commercial Code or other similar applicable law, rule or regulation of the state
in which such property is held by the Master Servicer, the Indenture Trustee
hereby acknowledges that the Master Servicer is acting as agent and bailee of
the Indenture Trustee in holding amounts on deposit in the Custodial Account
pursuant to Section 3.02 of the Servicing Agreement that are allocable to the
Revolving Credit Loans, as well as the agent and bailee of the Indenture Trustee
in holding any Related Documents released to the Master Servicer pursuant to
Section 3.06(c) of the Servicing Agreement, and any other items constituting a
part of the Trust Estate which from time to time come into the possession of the
Master Servicer. It is intended that, by the Master Servicer's acceptance of
such agency pursuant to Section 3.02 of the Servicing Agreement, the Indenture
Trustee, as a pledgee of the Revolving Credit Loans, will be deemed to have
possession of such Related Documents, such monies and such other items for
purposes of Section 9-305 of the Uniform Commercial Code of the state in which
such property is held by the Master Servicer.
Section 3.15. Investment Company Act. The Issuer shall not become an
"investment company" or under the "control" of an "investment company" as such
terms are defined in the Investment Company Act of 1940, as amended (or any
successor or amendatory statute), and the rules and regulations thereunder
(taking into account not only the general definition of the term "investment
company" but also any available exceptions to such general definition);
provided, however, that the Issuer shall be in compliance with this Section 3.15
if it shall have obtained an order exempting it from regulation as an
"investment company" so long as it is in compliance with the conditions imposed
in such order.
Section 3.16. Issuer May Consolidate, etc. (a) The Issuer shall not
consolidate or merge with or into any other Person, unless:
(i) the Person (if other than the Issuer) formed by or
surviving such consolidation or merger shall be a Person organized and
existing under the laws of the United States of America or any state or
the District of Columbia and shall expressly assume, by an indenture
supplemental hereto, executed and delivered to the Indenture Trustee,
in form reasonably satisfactory to the Indenture Trustee, the due and
punctual payment of the principal of and interest on all Notes and to
the Certificate Paying Agent, on behalf of the Certificateholders and
the performance or observance of every agreement and covenant of this
Indenture on the part of the Issuer to be performed or observed, all as
provided herein;
(ii) immediately after giving effect to such transaction, no Event of
Default shall have occurred and be continuing;
(iii) the Issuer receives consent of the Credit Enhancer
and the Rating Agencies shall have notified the Issuer that such
transaction shall not cause the rating of the Notes or the Certificates
to be reduced, suspended or withdrawn or to be considered
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by either Rating Agency to be below investment grade without taking into account
the Credit Enhancement Instrument;
(iv) the Issuer shall have received an Opinion of
Counsel (and shall have delivered copies thereof to the Indenture
Trustee and the Credit Enhancer) to the effect that such transaction
will not have any material adverse tax consequence to the Issuer, any
Noteholder or any Certificateholder;
(v) any action that is necessary to maintain the lien and security interest
created by this Indenture shall have been taken; and
(vi) the Issuer shall have delivered to the Indenture
Trustee an Officer's Certificate and an Opinion of Counsel each stating
that such consolidation or merger and such supplemental indenture
comply with this Article III and that all conditions precedent herein
provided for relating to such transaction have been complied with
(including any filing required by the Exchange Act).
(b) The Issuer shall not convey or transfer any of its properties or
assets, including those included in the Trust Estate, to any Person, unless:
(i) the Person that acquires by conveyance or transfer
the properties and assets of the Issuer the conveyance or transfer of
which is hereby restricted shall (A) be a United States citizen or a
Person organized and existing under the laws of the United States of
America or any state, (B) expressly assumes, by an indenture
supplemental hereto, executed and delivered to the Indenture Trustee,
in form satisfactory to the Indenture Trustee, the due and punctual
payment of the principal of and interest on all Notes and the
performance or observance of every agreement and covenant of this
Indenture on the part of the Issuer to be performed or observed, all as
provided herein, (C) expressly agrees by means of such supplemental
indenture that all right, title and interest so conveyed or transferred
shall be subject and subordinate to the rights of Holders of the Notes,
(D) unless otherwise provided in such supplemental indenture, expressly
agrees to indemnify, defend and hold harmless the Issuer against and
from any loss, liability or expense arising under or related to this
Indenture and the Notes and (E) expressly agrees by means of such
supplemental indenture that such Person (or if a group of Persons, than
one specified Person) shall make all filings with the Commission (and
any other appropriate Person) required by the Exchange Act in
connection with the Notes;
(ii) immediately after giving effect to such transaction, no Default or Event of
Default shall have occurred and be continuing;
(iii) the Issuer receives consent of the Credit Enhancer
and the Rating Agencies shall have notified the Issuer that such
transaction shall not cause the rating of the Notes or the Certificates
to be reduced, suspended or withdrawn, if determined, without regard to
the Credit Enhancement Instrument;
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(iv) the Issuer shall have received an Opinion of
Counsel (and shall have delivered copies thereof to the Indenture
Trustee) to the effect that such transaction will not have any material
adverse tax consequence to the Issuer or any Noteholder;
(v) any action that is necessary to maintain the lien and security interest
created by this Indenture shall have been taken; and
(vi) the Issuer shall have delivered to the Indenture
Trustee an Officer's Certificate and an Opinion of Counsel each stating
that such conveyance or transfer and such supplemental indenture comply
with this Article III and that all conditions precedent herein provided
for relating to such transaction have been complied with (including any
filing required by the Exchange Act).
Section 3.17. Successor or Transferee. (a) Upon any consolidation or
merger of the Issuer in accordance with Section 3.16(a), the Person formed by or
surviving such consolidation or merger (if other than the Issuer) shall succeed
to, and be substituted for, and may exercise every right and power of, the
Issuer under this Indenture with the same effect as if such Person
had been named as the Issuer herein.
(b) Upon a conveyance or transfer of all the assets and properties of
the Issuer pursuant to Section 3.16(b), the Issuer will be released from every
covenant and agreement of this Indenture to be observed or performed on the part
of the Issuer with respect to the Notes immediately upon the delivery of written
notice to the Indenture Trustee of such conveyance or transfer.
Section 3.18. No Other Business. The Issuer shall not engage in any
business other than financing, purchasing, owning and selling and managing the
Revolving Credit Loans and the issuance of the Notes and Certificates in the
manner contemplated by this Indenture and the Basic Documents and all activities
incidental thereto.
Section 3.19. No Borrowing. The Issuer shall not issue, incur, assume,
guarantee or otherwise become liable, directly or indirectly, for any
indebtedness except for the Notes.
Section 3.20. Guarantees, Loans, Advances and Other Liabilities. Except
as contemplated by this Indenture or the Basic Documents, the Issuer shall not
make any loan or advance or credit to, or guarantee (directly or indirectly or
by an instrument having the effect of assuring another's payment or performance
on any obligation or capability of so doing or otherwise), endorse or otherwise
become contingently liable, directly or indirectly, in connection with the
obligations, stocks or dividends of, or own, purchase, repurchase or acquire (or
agree contingently to do so) any stock, obligations, assets or securities of, or
any other interest in, or make any capital contribution to, any other Person.
Section 3.21. Capital Expenditures. The Issuer shall not make any
expenditure (by long- term or operating lease or otherwise) for capital assets
(either realty or personalty).
Section 3.22. Owner Trustee Not Liable for Certificates or Related
Documents. The recitals contained herein shall be taken as the statements of the
Depositor, and the Owner
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Trustee assumes no responsibility for the correctness thereof. The Owner Trustee
makes no representations as to the validity or sufficiency of this Indenture, of
any Basic Document or of the Certificates (other than the signatures of the
Owner Trustee on the Certificates) or the Notes, or of any Related Documents.
The Owner Trustee shall at no time have any responsibility or liability with
respect to the sufficiency of the Owner Trust Estate or its ability to generate
the payments to be distributed to Certificateholders under the Trust Agreement
or the Noteholders under this Indenture, including, the compliance by the
Depositor or the Designated Seller with any warranty or representation made
under any Basic Document or in any related document or the accuracy of any such
warranty or representation, or any action of the Certificate Paying Agent, the
Certificate Registrar or the Indenture Trustee taken in the name of the Owner
Trustee.
Section 3.23. Restricted Payments. The Issuer shall not, directly or
indirectly, (i) pay any dividend or make any distribution (by reduction of
capital or otherwise), whether in cash, property, securities or a combination
thereof, to the Owner Trustee or any owner of a beneficial interest in the
Issuer or otherwise with respect to any ownership or equity interest or security
in or of the Issuer, (ii) redeem, purchase, retire or otherwise acquire for
value any such ownership or equity interest or security or (iii) set aside or
otherwise segregate any amounts for any such purpose; provided, however, that
the Issuer may make, or cause to be made, (x) distributions to the Owner Trustee
and the Certificateholders as contemplated by, and to the extent funds are
available for such purpose under the Trust Agreement and (y) payments to the
Master Servicer pursuant to the terms of the Servicing Agreement. The Issuer
will not, directly or indirectly, make payments to or distributions from the
Custodial Account except in accordance with this Indenture and the Basic
Documents.
Section 3.24. Notice of Events of Default. The Issuer shall give the
Indenture Trustee, the Credit Enhancer and the Rating Agencies prompt written
notice of each Event of Default hereunder and under the Trust Agreement.
Section 3.25. Further Instruments and Acts. Upon request of the
Indenture Trustee, the Issuer will execute and deliver such further instruments
and do such further acts as may be reasonably necessary or proper to carry out
more effectively the purpose of this Indenture.
Section 3.26. Statements to Noteholders. On each Payment Date, the
Indenture Trustee and the Certificate Registrar shall forward by mail to each
Noteholder and Certificateholder, respectively, the Statement delivered to it,
on the Business Day following the related Determination Date pursuant to Section
4.01 of the Servicing Agreement.
Section 3.27. Determination of Note Rate. On the second LIBOR Business
Day immediately preceding (i) the Closing Date in the case of the first Interest
Period and (ii) the first day of each succeeding Interest Period, the Indenture
Trustee shall determine LIBOR and the Note Rate for such Interest Period and
shall inform the Issuer, the Master Servicer, the Administrator and the
Depositor at their respective facsimile numbers given to the Indenture Trustee
in writing thereof.
Section 3.28. Payments under the Credit Enhancement Instrument. (a) On any
Payment Date, the Indenture Trustee shall make a draw on the Credit Enhancement
Instrument in an
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amount if any equal to the Credit Enhancement Draw Amount. For purposes of the
foregoing, amounts in the Payment Account available for interest distributions
on any Payment Date shall be deemed to include all amounts distributed on the
Revolving Credit Loans for such Payment Date, other than the Principal
Collection Distribution Amount and the Liquidation Loss Distribution Amount (if
any) distributed thereon. On any Dissolution Payment Date, the Indenture Trustee
shall make a draw on the Credit Enhancement Instrument in an amount, if any,
equal to the Dissolution Draw. In addition, on the Final Scheduled Payment Date,
the Indenture Trustee shall make a draw on the Credit Enhancement Instrument in
the amount by which the Security Balances on the Notes exceeds the payments
otherwise available to be made to the Holders thereof on the Final Scheduled
Payment Date.
(b) The Indenture Trustee shall submit, if a Credit Enhancement Draw
Amount or Dissolution Draw is specified in any Statement to Holders prepared by
the Administrator pursuant to Section 4.01 of the Servicing Agreement, the
Notice of NonPayment and Demand for Payment of Insured Amounts (in the form
attached as Exhibit A to the Credit Enhancement Instrument) in the amount of the
Credit Enhancement Draw Amount or Dissolution Draw to the Credit Enhancer no
later than 2:00 P.M., New York City time, on the second Business Day prior to
the applicable Payment Date. Upon receipt of such Credit Enhancement Draw Amount
or Dissolution Draw in accordance with the terms of the Credit Enhancement
Instrument, the Indenture Trustee shall deposit such Credit Enhancement Draw
Amount or Dissolution Draw in the Payment Account for distribution to
Noteholders pursuant to Section 3.05.
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ARTICLE IV
The Notes; Satisfaction and Discharge of Indenture
Section 4.01. The Notes; Increase of Maximum Variable Funding Balance;
Variable Funding Notes. (a) The Term Notes shall be registered in the name of a
nominee designated by the Depository. Beneficial Owners will hold interests in
the Term Notes through the book-entry facilities of the Depository in minimum
initial Security Balances of $1,000 and integral multiples of $1,000 in excess
thereof. The Capped Funding Notes will be issued as physical notes in fully
registered form in minimum initial Security Balances of $10,000 and integral
multiples of $1,000 in excess thereof, together with any additional amount
necessary to cover (i) the aggregate initial Security Balance of the Capped
Funding Notes surrendered at the time of the initial denominational exchange
thereof (with such initial Security Balance in each case being deemed to be the
Security Balance of the Capped Funding Notes at the time of such initial
denominational exchange thereof) or (ii) the aggregate initial Security Balance
of any Capped Funding Notes issued in an exchange described in subsection (d)
below.
The Indenture Trustee may for all purposes (including the making of
payments due on the Notes) deal with the Depository as the authorized
representative of the Beneficial Owners with respect to the Term Notes for the
purposes of exercising the rights of Holders of Term Notes hereunder. Except as
provided in the next succeeding paragraph of this Section 4.01, the rights of
Beneficial Owners with respect to the Term Notes shall be limited to those
established by law and agreements between such Beneficial Owners and the
Depository and Depository Participants. Except as provided in Section 4.08,
Beneficial Owners shall not be entitled to definitive certificates for the Term
Notes as to which they are the Beneficial Owners. Requests and directions from,
and votes of, the Depository as Holder of the Term Notes shall not be deemed
inconsistent if they are made with respect to different Beneficial Owners. The
Indenture Trustee may establish a reasonable record date in connection with
solicitations of consents from or voting by Noteholders and give notice to the
Depository of such record date. Without the consent of the Issuer and the
Indenture Trustee, no Term Note may be transferred by the Depository except to a
successor Depository that agrees to hold such Note for the account of the
Beneficial Owners.
In the event the Depository Trust Company resigns or is removed as
Depository, the Indenture Trustee with the approval of the Issuer may appoint a
successor Depository. If no successor Depository has been appointed within 30
days of the effective date of the Depository's resignation or removal, each
Beneficial Owner shall be entitled to certificates representing the Notes it
beneficially owns in the manner prescribed in Section 4.08.
The Notes shall, on original issue, be executed on behalf of the Issuer
by the Owner Trustee, not in its individual capacity but solely as Owner
Trustee, authenticated by the Note Registrar and delivered by the Indenture
Trustee to or upon the order of the Issuer.
(b) On each Payment Date, the aggregate Security Balance of the
Variable Funding Notes shall be increased by an amount equal to the Additional
Balance Differential for such Payment Date, subject to the Maximum Variable
Funding Note Balance and the terms and
conditions set forth below.
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(c) The Variable Funding Note issued on the Closing Date shall bear the
Designation "VFN-1" and each new Variable Funding Note will bear sequential
numerical designations in
the order of their issuance.
(d) Subject to the following conditions, the Variable Funding Notes may
be exchanged pursuant to Section 4.02 for one or more Capped Funding Notes.
Prior to any such exchange, the party requesting the exchange must provide an
Opinion of Counsel, addressed to the Credit Enhancer, the Issuer and the
Indenture Trustee, to the effect that the Capped Funding Notes shall qualify for
federal income tax purposes as indebtedness of the Issuer and the Issuer will
not be characterized as an association (or a publicly traded partnership)
taxable as a corporation or a taxable mortgage pool within the meaning of
Section 7701(i) of the Code. If required by the Opinion of Counsel, the Capped
Funding Notes may be issued concurrently with a reduction in the Security
Balance of the Variable Funding Notes and an equivalent increase in the Security
Balance of the Certificates, pursuant to Section 3.12 of the Trust Agreement.
Upon receipt of the Opinion of Counsel, the Indenture Trustee shall issue Capped
Funding Notes with a Security Balance equal to the Security Balance permitted
under such Opinion of Counsel, in minimum denominations as set forth in
subsection (a) above. The Capped Funding Notes shall bear the designation
"Capped" in addition to any other applicable designation. Any Security Balance
not represented by either a Capped Funding Note or an increase in the Security
Balance of the Certificates referred to above shall result in the issuance of a
new Variable Funding Note having an initial Security Balance equal to the excess
of the outstanding Security Balance of the Variable Funding Note so surrendered
over the initial Security Balances of the Capped Funding Notes and an increase
in the Security Balance of the Certificates referred to above. The Indenture
Trustee and the Issuer agree to cooperate with each other and the party
requesting the exchange of Variable Funding Notes for Capped Funding Notes, the
Credit Enhancer, the Depositor, the Designated Seller and the Owner Trustee and
to cause no unreasonably delay in issuing Capped Funding Notes in connection
with this Section and Section 3.12 of the Trust Agreement.
Section 4.02. Registration of and Limitations on Transfer and Exchange
of Notes; Appointment of Certificate Registrar. The Issuer shall cause to be
kept at the Indenture Trustee's Corporate Trust Office a Note Register in which,
subject to such reasonable regulations as it may prescribe, the Note Registrar
shall provide for the registration of Notes and of transfers and exchanges of
Notes as herein provided.
Subject to the restrictions and limitations set forth below, upon
surrender for registration of transfer of any Note at the Corporate Trust
Office, the Issuer shall execute and the Note Registrar shall authenticate and
deliver, in the name of the designated transferee or transferees, one or more
new Notes in authorized initial Security Balances evidencing the same aggregate
Percentage Interests.
No Variable Funding Note, other than any Capped Funding Notes, may be
transferred. Subject to the provisions set forth below, Capped Funding Notes may
be transferred, provided that with respect to the initial transfer thereof by
the Designated Seller prior written notification of such transfer shall have
been given to the Rating Agencies and to the Credit Enhancer by the
Designated Seller.
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No transfer, sale, pledge or other disposition of a Capped Funding Note
shall be made unless such transfer, sale, pledge or other disposition is exempt
from the registration requirements of the Securities Act of 1933, as amended,
and any applicable state securities laws or is made in accordance with said Act
and laws. In the event of any such transfer, the Indenture Trustee or the Issuer
shall require the transferee to execute either (i)(a) an investment letter in
substantially the form attached hereto as Exhibit B (or in such form and
substance reasonably satisfactory to the Indenture Trustee and the Issuer) which
investment letters shall not be an expense of the Trust, the Owner Trustee, the
Indenture Trustee, the Master Servicer, the Depositor or the Issuer and which
investment letter states that, among other things, such transferee (a) is a
"qualified institutional buyer" as defined under Rule 144A, acting for its own
account or the accounts of other "qualified institutional buyers" as defined
under Rule 144A, and (b) is aware that the proposed transferor intends to rely
on the exemption from registration requirements under the Securities Act of
1933, as amended, provided by Rule 144A or (ii)(a) a written Opinion of Counsel
(which may be in-house counsel) acceptable to and in form and substance
reasonably satisfactory to the Indenture Trustee and the Issuer that such
transfer may be made pursuant to an exemption, describing the applicable
exemption and the basis therefor, from said Act and laws or is being made
pursuant to said Act and laws, which Opinion of Counsel shall not be an expense
of the Indenture Trustee or the Issuer and (b) the Indenture Trustee shall
require the transferee executes an investment letter in substantially the form
of Exhibit C hereto and the transferor executes a representation letter,
substantially in the form of Exhibit D hereto acceptable to and in form and
substance reasonably satisfactory to the Issuer and the Indenture Trustee
certifying to the Issuer and the Indenture Trustee the facts surrounding such
transfer, which investment letter shall not be an expense of the Indenture
Trustee or the Issuer. The Holder of a Capped Funding Note desiring to effect
such transfer shall, and does hereby agree to, indemnify the Indenture Trustee
the Credit Enhancer and the Issuer against any liability that may result if the
transfer is not so exempt or is not made in accordance with such federal and
state laws. Notwithstanding the foregoing, the restriction of transfer specified
in this paragraph is not applicable to any Capped Funding Notes that have been
registered under the Securities Act of 1933 pursuant to Section 2.4 of the
Designated Seller's Agreement.
Subject to the foregoing, at the option of the Noteholders, Notes may
be exchanged for other Notes of like tenor, in each case in authorized initial
Security Balances evidencing the same aggregate Percentage Interests upon
surrender of the Notes to be exchanged at the Corporate Trust Office of the Note
Registrar. With respect to any surrender of Capped Funding Notes for exchange
the new Notes delivered in exchange therefor will bear the designation "Capped"
in addition to any other applicable designations. Whenever any Notes are so
surrendered for exchange, the Indenture Trustee shall execute and the Note
Registrar shall authenticate and deliver the Notes which the Noteholder making
the exchange is entitled to receive. Each Note presented or surrendered for
registration of transfer or exchange shall (if so required by the Note
Registrar) be duly endorsed by, or be accompanied by a written instrument of
transfer in form reasonably satisfactory to the Note Registrar duly executed by,
the Holder thereof or his attorney duly authorized in writing with such
signature guaranteed by a commercial bank or trust company located or having a
correspondent located in the city of New York. Notes delivered upon any such
transfer or exchange will evidence the same obligations, and will be entitled to
the same rights and privileges, as the Notes surrendered.
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No service charge shall be made for any registration of transfer or
exchange of Notes, but the Note Registrar shall require payment of a sum
sufficient to cover any tax or governmental charge that may be imposed in
connection with any registration of transfer or exchange of Notes.
All Notes surrendered for registration of transfer and exchange shall
be cancelled by the Note Registrar and delivered to the Indenture Trustee for
subsequent destruction without liability on the part of either.
The Issuer hereby appoints the Indenture Trustee as Certificate
Registrar to keep at its Corporate Trust Office a Certificate Register pursuant
to Section 3.09 of the Trust Agreement in which, subject to such reasonable
regulations as it may prescribe, the Certificate Registrar shall provide for the
registration of Certificates and of transfers and exchanges thereof pursuant to
Section 3.05 of the Trust Agreement. The Indenture Trustee hereby accepts such
appoint-
ment.
Section 4.03. Mutilated, Destroyed, Lost or Stolen Notes. If (i) any
mutilated Note is surrendered to the Indenture Trustee, or the Indenture Trustee
receives evidence to its satisfaction of the destruction, loss or theft of any
Note, and (ii) there is delivered to the Indenture Trustee such security or
indemnity as may be required by it to hold the Issuer and the Indenture Trustee
harmless, then, in the absence of notice to the Issuer, the Note Registrar or
the Indenture Trustee that such Note has been acquired by a bona fide purchaser,
and provided that the requirements of Section 8-405 of the UCC are met, the
Issuer shall execute, and upon its request the Indenture Trustee shall
authenticate and deliver, in exchange for or in lieu of any such mutilated,
destroyed, lost or stolen Note, a replacement Note of the same class; provided,
however, that if any such destroyed, lost or stolen Note, but not a mutilated
Note, shall have become or within seven days shall be due and payable, instead
of issuing a replacement Note, the Issuer may pay such destroyed, lost or stolen
Note when so due or payable without surrender thereof. If, after the delivery of
such replacement Note or payment of a destroyed, lost or stolen Note pursuant to
the proviso to the preceding sentence, a bona fide purchaser of the original
Note in lieu of which such replacement Note was issued presents for payment such
original Note, the Issuer and the Indenture Trustee shall be entitled to recover
such replacement Note (or such payment) from the Person to whom it was delivered
or any Person taking such replacement Note from such Person to whom such
replacement Note was delivered or any assignee of such Person, except a bona
fide purchaser, and shall be entitled to recover upon the security or indemnity
provided therefor to the extent of any loss, damage, cost or expense incurred by
the Issuer or the Indenture Trustee in connection therewith.
Upon the issuance of any replacement Note under this Section 4.03, the
Issuer may require the payment by the Holder of such Note of a sum sufficient to
cover any tax or other governmental charge that may be imposed in relation
thereto and any other reasonable expenses (including the fees and expenses of
the Indenture Trustee) connected therewith.
Every replacement Note issued pursuant to this Section 4.03 in
replacement of any mutilated, destroyed, lost or stolen Note shall constitute an
original additional contractual obligation of the Issuer, whether or not the
mutilated, destroyed, lost or stolen Note shall be at
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any time enforceable by anyone, and shall be entitled to all the benefits of
this Indenture equally and proportionately with any and all other Notes duly
issued hereunder.
The provisions of this Section 4.03 are exclusive and shall preclude
(to the extent lawful) all other rights and remedies with respect to the
replacement or payment of mutilated, destroyed, lost or stolen Notes.
Section 4.04. Persons Deemed Owners. Prior to due presentment for
registration of transfer of any Note, the Issuer, the Indenture Trustee and any
agent of the Issuer or the Indenture Trustee may treat the Person in whose name
any Note is registered (as of the day of determination) as the owner of such
Note for the purpose of receiving payments of principal of and interest, if any,
on such Note and for all other purposes whatsoever, whether or not such Note be
overdue, and neither the Issuer, the Indenture Trustee nor any agent of the
Issuer or the Indenture Trustee shall be affected by notice to the contrary.
Section 4.05. Cancellation. All Notes surrendered for payment,
registration of transfer, exchange or redemption shall, if surrendered to any
Person other than the Indenture Trustee, be delivered to the Indenture Trustee
and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any
time deliver to the Indenture Trustee for cancellation any Notes previously
authenticated and delivered hereunder which the Issuer may have acquired in any
manner whatsoever, and all Notes so delivered shall be promptly cancelled by the
Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for
any Notes cancelled as provided in this Section 4.05, except as expressly
permitted by this Indenture. All cancelled Notes may be held or disposed of by
the Indenture Trustee in accordance with its standard retention or disposal
policy as in effect at the time unless the Issuer shall direct by an Issuer
Request that they be destroyed or returned to it; provided however, that such
Issuer Request is timely and the Notes have not been previously disposed of by
the Indenture Trustee.
Section 4.06. Book-Entry Notes. The Term Notes, upon original issuance,
will be issued in the form of typewritten Notes representing the Book-Entry
Notes, to be delivered to The Depository Trust Company, the initial Depository,
by, or on behalf of, the Issuer. Such Term Notes shall initially be registered
on the Note Register in the name of Cede & Co., the nominee of the initial
Depository, and no Beneficial Owner will receive a Definitive Note representing
such Beneficial Owner's interest in such Note, except as provided in Section
4.08. Unless and until definitive, fully registered Notes (the "Definitive
Notes") have been issued to Beneficial Owners pursuant to Section 4.08:
(i) the provisions of this Section 4.06 shall be in full force and effect;
(ii) the Note Registrar and the Indenture Trustee shall
be entitled to deal with the Depository for all purposes of this
Indenture (including the payment of principal of and interest on the
Notes and the giving of instructions or directions hereunder) as the
sole holder of the Term Notes, and shall have no obligation to the
Owners of Term Notes;
(iii) to the extent that the provisions of this Section
4.06 conflict with any other provisions of this Indenture, the
provisions of this Section 4.06 shall control;
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(iv) the rights of Beneficial Owners shall be exercised
only through the Depository and shall be limited to those established
by law and agreements between such Owners of Term Notes and the
Depository and/or the Depository Participants. Unless and until
Definitive Term Notes are issued pursuant to Section 4.08, the initial
Depository will make book-entry transfers among the Depository
Participants and receive and transmit payments of principal of and
interest on the Notes to such Depository Participants; and
(v) whenever this Indenture requires or permits actions
to be taken based upon instructions or directions of Holders of Term
Notes evidencing a specified percentage of the Security Balances of the
Term Notes, the Depository shall be deemed to represent such percentage
only to the extent that it has received instructions to such effect
from Beneficial Owners and/or Depository Participants owning or
representing, respectively, such required percentage of the beneficial
interest in the Term Notes and has delivered such instructions to the
Indenture Trustee.
Section 4.07. Notices to Depository. Whenever a notice or other
communication to the Term Note Holders is required under this Indenture, unless
and until Definitive Term Notes shall have been issued to Beneficial Owners
pursuant to Section 4.08, the Indenture Trustee shall give all such notices and
communications specified herein to be given to Holders of the Term Notes to the
Depository, and shall have no obligation to the Beneficial Owners.
Section 4.08. Definitive Notes. If (i) the Indenture Trustee determines
that the Depository is no longer willing or able to properly discharge its
responsibilities with respect to the Term Notes and the Indenture Trustee is
unable to locate a qualified successor, (ii) the Indenture Trustee elects to
terminate the book-entry system through the Depository or (iii) after the
occurrence of an Event of Default, Owners of Term Notes representing beneficial
interests aggregating at least a majority of the Security Balances of the Term
Notes advise the Depository in writing that the continuation of a book-entry
system through the Depository is no longer in the best interests of the
Beneficial Owners, then the Depository shall notify all Beneficial Owners and
the Indenture Trustee of the occurrence of any such event and of the
availability of Definitive Term Notes to Beneficial Owners requesting the same.
Upon surrender to the Indenture Trustee of the typewritten Term Notes
representing the Book-Entry Notes by the Depository, accompanied by registration
instructions, the Issuer shall execute and the Indenture Trustee shall
authenticate the Definitive Term Notes in accordance with the instructions of
the Depository. None of the Issuer, the Note Registrar or the Indenture 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 Notes, the Indenture Trustee shall recognize the
Holders of the Definitive Notes as Noteholders.
Section 4.09. Tax Treatment. The Issuer has entered into this
Indenture, and the Notes will be issued, with the intention that, for federal,
state and local income, single business and franchise tax purposes, the Notes
will qualify as indebtedness. The Issuer, by entering into this Indenture, and
each Noteholder, by its acceptance of its Note (and each Beneficial Owner by its
acceptance of an interest in the applicable Book-Entry Note), agree to treat the
Notes for federal, state and local income, single business and franchise tax
purposes as indebtedness.
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Section 4.10. Satisfaction and Discharge of Indenture. This Indenture
shall cease to be of further effect with respect to the Notes except as to (i)
rights of registration of transfer and exchange, (ii) substitution of mutilated,
destroyed, lost or stolen Notes, (iii) rights of Noteholders to receive payments
of principal thereof and interest thereon, (iv) Sections 3.03, 3.04, 3.06, 3.09,
3.16, 3.18 and 3.19, (v) the rights, obligations and immunities of the Indenture
Trustee hereunder (including the rights of the Indenture Trustee under Section
6.07 and the obligations of the Indenture Trustee under Section 4.11) and (vi)
the rights of Noteholders as beneficiaries hereof with respect to the property
so deposited with the Indenture Trustee payable to all or any of them, and the
Indenture Trustee, on demand of and at the expense of the Issuer, shall execute
proper instruments acknowledging satisfaction and discharge of this Indenture
with respect to the Notes, when
(A) either
(1) all Notes theretofore authenticated and delivered (other
than (i) Notes that have been destroyed, lost or stolen and that have
been replaced or paid as provided in Section 4.03 and (ii) Notes for
whose payment money has theretofore been deposited in trust or
segregated and held in trust by the Issuer and thereafter repaid to the
Issuer or discharged from such trust, as provided in Section 3.03) have
been delivered to the Indenture Trustee for cancellation; or
(2) all Notes not theretofore delivered to the Indenture Trustee for
cancellation
a. have become due and payable,
b. will become due and payable at the Final Scheduled Payment Date within
one year, or
c. have been declared immediately due and payable pursuant to Section 5.02.
and the Issuer, in the case of a. or b. above, has irrevocably
deposited or caused to be irrevocably deposited with the Indenture
Trustee cash or direct obligations of or obligations guaranteed by the
United States of America (which will mature prior to the date such
amounts are payable), in trust for such purpose, in an amount
sufficient to pay and discharge the entire indebtedness on such Notes
and Certificates then outstanding not theretofore delivered to the
Indenture Trustee for cancellation when due on the Final Scheduled
Payment Date;
(B) the Issuer has paid or caused to be paid all other sums payable
hereunder and under the Insurance Agreement by the Issuer; and
(C) the Issuer has delivered to the Indenture Trustee and the
Credit Enhancer an Officer's Certificate, an Opinion of Counsel and
each meeting the applicable requirements of Section 10.01 each stating
that all conditions precedent herein provided for relating to the
satisfaction and discharge of this Indenture have been complied with
and, if the Opinion of Counsel relates to a deposit made in connection
with Section
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4.10(A)(2)b. above, such opinion shall further be to the effect that such
deposit will not have any material adverse tax consequences to the Issuer, any
Noteholders or any Certificateholders.
Section 4.11. Application of Trust Money. All monies deposited with the
Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and
applied by it, in accordance with the provisions of the Notes and this
Indenture, to the payment, either directly or through any Paying Agent or
Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders
of Securities, of all sums due and to become due thereon for principal and
interest; but such monies need not be segregated from other funds except to the
extent required herein or required by law.
Section 4.12. Subrogation and Cooperation. (a) The Issuer and the
Indenture Trustee acknowledge that (i) to the extent the Credit Enhancer makes
payments under the Credit Enhancement Instrument on account of principal of or
interest on the Revolving Credit Loans, the Credit Enhancer will be fully
subrogated to the rights the Noteholders to receive such principal and interest
from the Revolving Credit Loans, and (ii) the Credit Enhancer shall be paid such
principal and interest but only from the sources and in the manner provided
herein and in the Insurance Agreement for the payment of such principal and
interest.
The Indenture Trustee shall cooperate in all respects with any
reasonable request by the Credit Enhancer for action to preserve or enforce the
Credit Enhancer's rights or interest under this Indenture or the Insurance
Agreement, consistent with this Indenture and without limiting the rights of the
Noteholders as otherwise set forth in the Indenture, including, without
limitation, upon the occurrence and continuance of a default under the Insurance
Agreement, a request to take any one or more of the following actions:
(i) institute Proceedings for the collection of all
amounts then payable on the Notes, or under this Indenture in respect
to the Notes and all amounts payable under the Insurance Agreement and
to enforce any judgment obtained and collect from the Issuer monies
adjudged due;
(ii) sell the Trust Estate or any portion thereof or
rights or interest therein, at one or more public or private Sales (as
defined in Section 5.15 hereof) called and conducted in any manner
permitted by law;
(iii) file or record all assignments that have not previously been
recorded;
(iv) institute Proceedings from time to time for the complete or partial
foreclosure of this Indenture; and
(v) exercise any remedies of a secured party under the
Uniform Commercial Code and take any other appropriate action to
protect and enforce the rights and remedies of the Credit Enhancer
hereunder.
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Following the payment in full of the Notes, the Credit
Enhancer shall continue to have all rights and privileges provided to it under
this Section and in all other provisions of this Indenture, until all amounts
owing to the Credit Enhancer have been paid in full.
Section 4.13. Repayment of Monies Held by Paying Agent. In connection
with the satisfaction and discharge of this Indenture with respect to the Notes,
all monies then held by any Person other than the Indenture Trustee under the
provisions of this Indenture with respect to such Notes shall, upon demand of
the Issuer, be paid to the Indenture Trustee to be held and applied according to
Section 3.05 and thereupon such Paying Agent shall be released from all further
liability with respect to such monies.
Section 4.14. Temporary Notes. Pending the preparation of any
Definitive Notes, the Issuer may execute and upon its written direction, the
Indenture Trustee may authenticate and make available for delivery, temporary
Notes that are printed, lithographed, typewritten, photocopied or otherwise
produced, in any denomination, substantially of the tenor of the Definitive
Notes in lieu of which they are issued and with such appropriate insertions,
omissions, substitutions and other variations as the officers executing such
Notes may determine, as evidenced by their execution of such Notes.
If temporary Notes are issued, the Issuer will cause Definitive Notes
to be prepared without unreasonable delay. After the preparation of the
Definitive Notes, the temporary Notes shall be exchangeable for Definitive Notes
upon surrender of the temporary Notes at the office or agency of the Indenture
Trustee, without charge to the Holder. Upon surrender for cancellation of any
one or more temporary Notes, the Issuer shall execute and the Indenture Trustee
shall authenticate and make available for delivery, in exchange therefor,
Definitive Notes of authorized denominations and of like tenor and aggregate
principal amount. Until so exchanged, such temporary Notes shall in all respects
be entitled to the same benefits under this Indenture as Definitive Notes.
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ARTICLE V
Default and Remedies
Section 5.01. Events of Default. The Issuer shall deliver to the
Indenture Trustee and the Credit Enhancer, within five days after learning of
the occurrence any event which with the giving of notice and the lapse of time
would become an Event of Default under clause (iii) of the definition of "Event
of Default" written notice in the form of an Officer's Certificate of its status
and what action the Issuer is taking or proposes to take with respect thereto.
Section 5.02. Acceleration of Maturity; Rescission and Annulment. If an
Event of Default should occur and be continuing or if the Master Servicer shall
purchase all of the Revolving Credit Loans pursuant to Section 8.08 of the
Servicing Agreement, then and in every such case the Indenture Trustee or the
Holders of Notes representing not less than a majority of the Security Balances
of all Notes with the written consent of the Credit Enhancer, or the Credit
Enhancer may declare the Notes to be immediately due and payable, by a notice in
writing to the Issuer (and to the Indenture Trustee if given by Noteholders),
and upon any such declaration the unpaid principal amount of such class of
Notes, together with accrued and unpaid interest thereon through the date of
acceleration, shall become immediately due and payable.
At any time after such declaration of acceleration of maturity with
respect to an Event of Default has been made and before a judgment or decree for
payment of the money due has been obtained by the Indenture Trustee as
hereinafter in this Article V provided, the Holders of Notes representing a
majority of the Security Balances of all Notes, by written notice to the Issuer
and the Indenture Trustee with the written consent of the Credit Enhancer, or
the Credit Enhancer, may in writing waive the related Event of Default and
rescind and annul such declaration and its consequences if:
(i) the Issuer has paid or deposited with the Indenture Trustee a sum
sufficient to pay:
(A) all payments of principal of and interest on the
Notes and all other amounts that would then be due hereunder
or upon the Notes if the Event of Default giving rise to such
acceleration had not occurred; and
(B) all sums paid or advanced by the Indenture Trustee hereunder and the
reasonable compensation, expenses, disbursements and advances of the Indenture
Trustee and its agents and counsel; and
(ii) all Events of Default, other than the nonpayment of
the principal of the Notes that has become due solely by such
acceleration, have been cured or waived as provided in Section 5.12.
No such rescission shall affect any subsequent default or impair any
right consequent thereto.
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Section 5.03. Collection of Indebtedness and Suits for Enforcement by
Indenture Trustee.
(a) The Issuer covenants that if default in the payment of (i) any
interest on any Note when the same becomes due and payable, and such default
continues for a period of five days, or (ii) the principal of or any installment
of the principal of any Note when the same becomes due and payable, the Issuer
shall, upon demand of the Indenture Trustee, pay to it, for the benefit of the
Holders of Notes, the whole amount then due and payable on the Notes for
principal and interest, with interest upon the overdue principal, and in
addition thereto such further amount as shall be sufficient to cover the costs
and expenses of collection, including the reasonable compensation, expenses,
disbursements and advances of the Indenture Trustee and its agents and counsel.
(b) In case the Issuer shall fail forthwith to pay such amounts upon
such demand, the Indenture Trustee, in its own name and as trustee of an express
trust, subject to the provisions of Section 10.17 hereof may institute a
Proceeding for the collection of the sums so due and unpaid, and may prosecute
such Proceeding to judgment or final decree, and may enforce the same against
the Issuer or other obligor upon the Notes and collect in the manner provided by
law out of the property of the Issuer or other obligor upon the Notes, wherever
situated, the monies adjudged or decreed to be payable.
(c) If an Event of Default occurs and is continuing, the Indenture
Trustee subject to the provisions of Section 10.17 hereof may, as more
particularly provided in Section 5.04, in its discretion, proceed to protect and
enforce its rights and the rights of the Noteholders, by such appropriate
Proceedings as the Indenture Trustee shall deem most effective to protect and
enforce any such rights, whether for the specific enforcement of any covenant or
agreement in this Indenture or in aid of the exercise of any power granted
herein, or to enforce any other proper remedy or legal or equitable right vested
in the Indenture Trustee by this Indenture or by law.
(d) In case there shall be pending, relative to the Issuer or any other
obligor upon the Notes or any Person having or claiming an ownership interest in
the Trust Estate, Proceedings under Title 11 of the United States Code or any
other applicable federal or state bankruptcy, insolvency or other similar law,
or in case a receiver, assignee or trustee in bankruptcy or reorganization,
liquidator, sequestrator or similar official shall have been appointed for or
taken possession of the Issuer or its property or such other obligor or Person,
or in case of any other comparable judicial Proceedings relative to the Issuer
or other obligor upon the Notes, or to the creditors or property of the Issuer
or such other obligor, the Indenture Trustee, irrespective of whether the
principal of any Notes shall then be due and payable as therein expressed or by
declaration or otherwise and irrespective of whether the Indenture Trustee shall
have made any demand pursuant to the provisions of this Section, shall be
entitled and empowered, by intervention in such Proceedings or otherwise:
(i) to file and prove a claim or claims for the whole
amount of principal and interest owing and unpaid in respect of the
Notes and to file such other papers or documents as may be necessary or
advisable in order to have the claims of the Indenture Trustee
(including any claim for reasonable compensation to the Indenture
Trustee and each predecessor Indenture Trustee, and their respective
agents, attorneys and counsel,
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and for reimbursement of all expenses and liabilities incurred, and all
advances made, by the Indenture Trustee and each predecessor Indenture
Trustee, except as a result of negligence, willful misconduct or bad
faith) and of the Noteholders allowed in such Proceedings;
(ii) unless prohibited by applicable law and
regulations, to vote on behalf of the Holders of Notes in any election
of a trustee, a standby trustee or Person performing similar functions
in any such Proceedings;
(iii) to collect and receive any monies or other property
payable or deliverable on any such claims and to distribute all amounts
received with respect to the claims of the Noteholders and of the
Indenture Trustee on their behalf; and
(iv) to file such proofs of claim and other papers or
documents as may be necessary or advisable in order to have the claims
of the Indenture Trustee or the Holders of Notes allowed in any
judicial proceedings relative to the Issuer, its creditors and its
property;
and any trustee, receiver, liquidator, custodian or other similar official in
any such Proceeding is hereby authorized by each of such Noteholders to make
payments to the Indenture Trustee, and, in the event that the Indenture Trustee
shall consent to the making of payments directly to such Noteholders, to pay to
the Indenture Trustee such amounts as shall be sufficient to cover reasonable
compensation to the Indenture Trustee, each predecessor Indenture Trustee and
their respective agents, attorneys and counsel, and all other expenses and
liabilities incurred, and all advances made, by the Indenture Trustee and each
predecessor Indenture Trustee except as a result of negligence, willful
misconduct or bad faith.
(e) Nothing herein contained shall be deemed to authorize the Indenture
Trustee to authorize or consent to or vote for or accept or adopt on behalf of
any Noteholder any plan of reorganization, arrangement, adjustment or
composition affecting the Notes or the rights of any Holder thereof or to
authorize the Indenture Trustee to vote in respect of the claim of any
Note-holder in any such proceeding except, as aforesaid, to vote for the
election of a trustee in bankruptcy or similar Person.
(f) All rights of action and of asserting claims under this Indenture,
or under any of the Notes, may be enforced by the Indenture Trustee without the
possession of any of the Notes or the production thereof in any trial or other
Proceedings relative thereto, and any such action or proceedings instituted by
the Indenture Trustee shall be brought in its own name as trustee of an express
trust, and any recovery of judgment, subject to the payment of the expenses,
disbursements and compensation of the Indenture Trustee, each predecessor
Indenture Trustee and their respective agents and attorneys, shall be for the
ratable benefit of the Holders of the Term Notes or the Variable Funding Notes,
as applicable.
(g) In any Proceedings brought by the Indenture Trustee (and also any
Proceedings involving the interpretation of any provision of this Indenture to
which the Indenture Trustee shall be a party), the Indenture Trustee shall be
held to represent all the Holders of the Notes, and it shall not be necessary to
make any Noteholder a party to any such Proceedings.
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Section 5.04. Remedies; Priorities. (a) If an Event of Default shall have
occurred and be continuing, the Indenture Trustee subject to the provisions of
Section 10.17 hereof may with the written consent of the Credit Enhancer or
shall at the written direction of the Credit Enhancer do one or more of the
following (subject to Section 5.05):
(i) institute Proceedings in its own name and as
trustee of an express trust for the collection of all amounts then
payable on the Notes or under this Indenture with respect thereto,
whether by declaration or otherwise, and all amounts payable under the
Insurance Agreement, enforce any judgment obtained, and collect from
the Issuer and any other obligor upon such Notes monies adjudged due;
(ii) institute Proceedings from time to time for the complete or partial
foreclosure of this Indenture with respect to the Trust Estate;
(iii) exercise any remedies of a secured party under the
UCC and take any other appropriate action to protect and enforce the
rights and remedies of the Indenture Trustee and the Holders of the
Notes; and
(iv) sell the Trust Estate or any portion thereof or
rights or interest therein, at one or more public or private sales
called and conducted in any manner permitted by law;
provided, however, that the Indenture Trustee may not sell or otherwise
liquidate the Trust Estate following an Event of Default, unless (A) the
Indenture Trustee obtains the consent of the Holders of 100% of the aggregate
Security Balances of the Notes and the Credit Enhancer, which consent will not
be unreasonably withheld, (B) the proceeds of such sale or liquidation
distributable to Holders are sufficient to discharge in full all amounts then
due and unpaid upon the Notes for principal and interest and to reimburse the
Credit Enhancer for any amounts drawn under the Credit Enhancement Instrument
and any other amounts due the Credit Enhancer under the Insurance Agreement or
(C) the Indenture Trustee determines that the Revolving Credit Loans will not
continue to provide sufficient funds for the payment of principal of and
interest on the Notes as they would have become due if the Notes had not been
declared due and payable, and the Indenture Trustee obtains the consent of the
Credit Enhancer, which consent will not be unreasonably withheld, and of the
Holders of 66 2/3% of the aggregate Security Balances of the Notes. In
determining such sufficiency or insufficiency with respect to clause (B) and
(C), the Indenture Trustee may, but need not, obtain and rely upon an opinion of
an Independent investment banking or accounting firm of national reputation as
to the feasibility of such proposed action and as to the sufficiency of the
Trust Estate for such purpose. Notwithstanding the foregoing, so long as a
Servicing Default has not occurred, any Sale of the Trust Estate shall be made
subject to the continued servicing of the Revolving Credit Loans by the Master
Servicer as provided in the Servicing Agreement.
(b) If the Indenture Trustee collects any money or property pursuant to
this Article V, it shall pay out the money or property in the following order:
FIRST: to the Indenture Trustee for amounts due under Section 6.07;
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SECOND: to Holders of the Notes for amounts due and unpaid on the related Notes
for interest, ratably, without preference or priority of any kind, according to
the amounts due and payable on such Notes for interest from amounts available in
the Trust Estate for such Noteholders;
THIRD: to Holders of the Notes for amounts due and unpaid on the related Notes
for principal, ratably, without preference or priority of any kind, according to
the amounts due and payable on such Notes for principal, from amounts available
in the Trust Estate for such Noteholders, until the Security Balances of the
Notes have been reduced to zero;
FOURTH: [reserved];
FIFTH: to the payment of all amounts due and owing to the Credit Enhancer
under the Insurance Agreement;
SIXTH: to the Certificate Paying Agent for amounts due under Article VIII
of the Trust Agreement; and
SEVENTH: to the payment of the remainder, if any, to the Issuer or any other
person legally entitled thereto.
The Indenture Trustee may fix a record date and payment date for any
payment to Noteholders pursuant to this Section 5.04. At least 15 days before
such record date, the Indenture Trustee shall mail to each Noteholder a notice
that states the record date, the payment date and the amount to be paid.
Section 5.05. Optional Preservation of the Trust Estate. If the Notes
have been declared to be due and payable under Section 5.02 following an Event
of Default and such declaration and its consequences have not been rescinded and
annulled, the Indenture Trustee may, but need not, (but shall at the written
direction of the Credit Enhancer) elect to take and maintain possession of the
Trust Estate. It is the desire of the parties hereto and the Noteholders that
there be at all times sufficient funds for the payment of principal of and
interest on the Notes and other obligations of the Issuer including payment to
the Credit Enhancer, and the Indenture Trustee shall take such desire into
account when determining whether or not to take and maintain possession of the
Trust Estate. In determining whether to take and maintain possession of the
Trust Estate, the Indenture Trustee may, but need not, obtain and rely upon an
opinion of an Independent investment banking or accounting firm of national
reputation as to the feasibility of such proposed action and as to the
sufficiency of the Trust Estate for such purpose.
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Section 5.06. Limitation of Suits. No Holder of any Note shall have any
right to institute any Proceeding, judicial or otherwise, with respect to this
Indenture, or for the appointment of a receiver or trustee, or for any other
remedy hereunder, unless and subject to the provisions of Section 10.17 hereof:
(i) such Holder has previously given written notice to the Indenture
Trustee of a continuing Event of Default;
(ii) the Holders of not less than 25% of the Security
Balances of the Notes have made written request to the Indenture
Trustee to institute such Proceeding in respect of such Event of
Default in its own name as Indenture Trustee hereunder;
(iii) such Holder or Holders have offered to the Indenture Trustee
reasonable indemnity against the costs, expenses and liabilities to be incurred
in complying with such request;
(iv) the Indenture Trustee for 60 days after its receipt of such notice,
request and offer of indemnity has failed to institute such Proceedings; and
(v) no direction inconsistent with such written request
has been given to the Indenture Trustee during such 60-day period by
the Holders of a majority of the Security Balances of the Notes or by
the Credit Enhancer.
It is understood and intended that no one or more Holders of Notes shall have
any right in any manner whatever by virtue of, or by availing of, any provision
of this Indenture to affect, disturb or prejudice the rights of any other
Holders of Notes or to obtain or to seek to obtain priority or preference over
any other Holders or to enforce any right under this Indenture, except in the
manner herein provided.
In the event the Indenture Trustee shall receive conflicting or
inconsistent requests and indemnity from two or more groups of Holders of Notes,
each representing less than a majority of the Security Balances of the Notes,
the Indenture Trustee in its sole discretion may determine what action, if any,
shall be taken, notwithstanding any other provisions of this Indenture.
Section 5.07. Unconditional Rights of Noteholders To Receive Principal
and Interest. Notwithstanding any other provisions in this Indenture, the Holder
of any Note shall have the right, which is absolute and unconditional, to
receive payment of the principal of and interest, if any, on such Note on or
after the respective due dates thereof expressed in such Note or in this
Indenture and to institute suit for the enforcement of any such payment, and
such right shall not be impaired without the consent of such Holder.
Section 5.08. Restoration of Rights and Remedies. If the Indenture
Trustee or any Noteholder has instituted any Proceeding to enforce any right or
remedy under this Indenture and such Proceeding has been discontinued or
abandoned for any reason or has been determined adversely to the Indenture
Trustee or to such Noteholder, then and in every such case the Issuer, the
Indenture Trustee and the Noteholders shall, subject to any determination in
such Proceeding, be restored severally and respectively to their former
positions hereunder, and
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thereafter all rights and remedies of the Indenture Trustee and the Noteholders
shall continue as though no such Proceeding had been instituted.
Section 5.09. Rights and Remedies Cumulative. No right or remedy herein
conferred upon or reserved to the Indenture Trustee, the Credit Enhancer or to
the Noteholders is intended to be exclusive of any other right or remedy, and
every right and remedy shall, to the extent permitted by law, be cumulative and
in addition to every other right and remedy given hereunder or now or hereafter
existing at law or in equity or otherwise. The assertion or employment of any
right or remedy hereunder, or otherwise, shall not prevent the concurrent
assertion or employment of any other appropriate right or remedy.
Section 5.10. Delay or Omission Not a Waiver. No delay or omission of
the Indenture Trustee, the Credit Enhancer or any Holder of any Note to exercise
any right or remedy accruing upon any Event of Default shall impair any such
right or remedy or constitute a waiver of any such Event of Default or an
acquiescence therein. Every right and remedy given by this Article V or by law
to the Indenture Trustee or to the Noteholders may be exercised from time to
time, and as often as may be deemed expedient, by the Indenture Trustee or by
the Noteholders, as the case may be.
Section 5.11. Control by Noteholders. The Holders of a majority of the
Security Balances of Notes with the consent of the Credit Enhancer, or the
Credit Enhancer (so long as no Credit Enhancer Default exists) shall have the
right to direct the time, method and place of conducting any Proceeding for any
remedy available to the Indenture Trustee with respect to the Notes or
exercising any trust or power conferred on the Indenture Trustee; provided that:
(i) such direction shall not be in conflict with any rule of law or with
this Indenture;
(ii) subject to the express terms of Section 5.04, any
direction to the Indenture Trustee to sell or liquidate the Trust
Estate shall be by Holders of Notes representing not less than 100% of
the Security Balances of Notes with the consent of the Credit Enhancer,
or the Credit Enhancer (so long as no Credit Enhancer Default exists);
(iii) if the conditions set forth in Section 5.05 have
been satisfied and the Indenture Trustee elects to retain the Trust
Estate pursuant to such Section, then any direction to the Indenture
Trustee by Holders of Notes representing less than 100% of the Security
Balances of Notes to sell or liquidate the Trust Estate shall be of no
force and effect; and
(iv) the Indenture Trustee may take any other action deemed proper by the
Indenture Trustee that is not inconsistent with such direction.
Notwithstanding the rights of Noteholders set forth in this Section, subject to
Section 6.01, the Indenture Trustee need not take any action that it determines
might involve it in liability or might materially adversely affect the rights of
any Noteholders not consenting to such action.
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Section 5.12. Waiver of Past Defaults. Prior to the declaration of the
acceleration of the maturity of the Notes as provided in Section 5.02, the
Holders of Notes of not less than a majority of the Security Balances of the
Notes with the consent of the Credit Enhancer, or the Credit Enhancer (so long
as no Credit Enhancer Default exists) may waive any past Event of Default and
its consequences except an Event of Default (a) with respect to payment of
principal of or interest on any of the Notes or (b) in respect of a covenant or
provision hereof which cannot be modified or amended without the consent of the
Holder of each Note. In the case of any such waiver, the Issuer, the Indenture
Trustee and the Holders of the Notes shall be restored to their former positions
and rights hereunder, respectively; but no such waiver shall extend to any
subsequent or other Event of Default or impair any right consequent thereto.
Upon any such waiver, any Event of Default arising therefrom shall be
deemed to have been cured and not to have occurred, for every purpose of this
Indenture; but no such waiver shall extend to any subsequent or other Event of
Default or impair any right consequent thereto.
Section 5.13. Undertaking for Costs. All parties to this Indenture
agree, and each Holder of any Note by such Holder's acceptance thereof shall be
deemed to have agreed, that any court may in its discretion require, in any suit
for the enforcement of any right or remedy under this Indenture, or in any suit
against the Indenture Trustee for any action taken, suffered or omitted by it as
Indenture Trustee, the filing by any party litigant in such suit of an
undertaking to pay the costs of such suit, and that such court may in its
discretion assess reasonable costs, including reasonable attorneys' fees,
against any party litigant in such suit, having due regard to the merits and
good faith of the claims or defenses made by such party litigant; but the
provisions of this Section 5.13 shall not apply to (a) any suit instituted by
the Indenture Trustee, (b) any suit instituted by any Noteholder, or group of
Noteholders, in each case holding in the aggregate more than 10% of the Security
Balances of the Notes or (c) any suit instituted by any Noteholder for the
enforcement of the payment of principal of or interest on any Note on or after
the respective due dates expressed in such Note and in this Indenture.
Section 5.14. Waiver of Stay or Extension Laws. The Issuer covenants
(to the extent that it may lawfully do so) that it will not at any time insist
upon, or plead or in any manner whatsoever, claim or take the benefit or
advantage of, any stay or extension law wherever enacted, now or at any time
hereafter in force, that may affect the covenants or the performance of this
Indenture; and the Issuer (to the extent that it may lawfully do so) hereby
expressly waives all benefit or advantage of any such law, and covenants that it
shall not hinder, delay or impede the execution of any power herein granted to
the Indenture Trustee, but will suffer and permit the execution of every such
power as though no such law had been enacted.
Section 5.15. Sale of Trust Estate. (a) The power to effect any sale or
other disposition (a "Sale") of any portion of the Trust Estate pursuant to
Section 5.04 is expressly subject to the provisions of Section 5.05 and this
Section 5.15. The power to effect any such Sale shall not be exhausted by any
one or more Sales as to any portion of the Trust Estate remaining unsold, but
shall continue unimpaired until the entire Trust Estate shall have been sold or
all amounts payable on the Notes and under this Indenture and under the
Insurance Agreement shall have been paid. The Indenture Trustee may from time to
time postpone any public Sale by public announcement made at the time and place
of such Sale. The Indenture Trustee hereby expressly waives its right to any
amount fixed by law as compensation for any Sale.
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(b) The Indenture Trustee shall not in any private Sale sell the Trust
Estate, or any portion thereof, unless:
(1) the Holders of all Notes and the Credit Enhancer consent to or direct
the Indenture Trustee to make, such Sale, or
(2) the proceeds of such Sale would be not less than the
entire amount which would be payable to the Noteholders under the Notes, the
Certificateholders under the Certificates and the Credit Enhancer in respect of
amounts drawn under the Credit Enhancement Instrument and any other amounts due
the Credit Enhancer under the Insurance Agreement, in full payment thereof in
accordance with Section 5.02, on the Payment Date next succeeding the date of
such Sale, or
(3) The Indenture Trustee determines, in its sole discretion,
that the conditions for retention of the Trust Estate set forth in Section 5.05
cannot be satisfied (in making any such determination, the Indenture Trustee may
rely upon an opinion of an Independent investment banking firm obtained and
delivered as provided in Section 5.05), and the Credit Enhancer consents to such
Sale, which consent will not be unreasonably withheld and the Holders
representing at least 66-2/3% of the Security Balances of the Notes consent to
such Sale.
The purchase by the Indenture Trustee of all or any portion of the Trust Estate
at a private Sale shall not be deemed a Sale or other disposition thereof for
purposes of this Section 5.15(b).
(c) Unless the Holders and the Credit Enhancer have otherwise consented
or directed the Indenture Trustee, at any public Sale of all or any portion of
the Trust Estate at which a minimum bid equal to or greater than the amount
described in paragraph (2) of subsection (b) of this Section 5.15 has not been
established by the Indenture Trustee and no Person bids an amount equal to or
greater than such amount, the Indenture Trustee shall bid an amount at least
$1.00 more than the highest other bid.
(d) In connection with a Sale of all or any portion of the Trust Estate:
(1) any Holder or Holders of Notes may bid for and with the
consent of the Credit Enhancer purchase the property offered for sale, and upon
compliance with the terms of sale may hold, retain and possess and dispose of
such property, without further accountability, and may, in paying the purchase
money therefor, deliver any Notes or claims for interest thereon in lieu of cash
up to the amount which shall, upon distribution of the net proceeds of such
sale, be payable thereon, and such Notes, in case the amounts so payable thereon
shall be less than the amount due thereon, shall be returned to the Holders
thereof after being appropriately stamped to show such partial payment;
(2) the Indenture Trustee may bid for and acquire the property
offered for Sale in connection with any Sale thereof, and, subject to any
requirements of, and to the extent permitted by, applicable law in connection
therewith, may purchase all or any portion of the Trust Estate in a private
sale, and, in lieu of paying cash therefor, may make settlement for the purchase
price by crediting the gross Sale price against the sum of (A) the amount which
would be distributable to the Holders of the Notes and Holders of Certificates
and amounts owing to
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the Credit Enhancer as a result of such Sale in accordance with Section 5.04(b)
on the Payment Date next succeeding the date of such Sale and (B) the expenses
of the Sale and of any Proceedings in connection therewith which are
reimbursable to it, without being required to produce the Notes in order to
complete any such Sale or in order for the net Sale price to be credited against
such Notes, and any property so acquired by the Indenture Trustee shall be held
and dealt with by it in accordance with the provisions of this Indenture;
(3) the Indenture Trustee shall execute and deliver an appropriate
instrument of conveyance transferring its interest in any portion of the Trust
Estate in connection with a Sale thereof;
(4) the Indenture Trustee is hereby irrevocably appointed the
agent and attorney-in-fact of the Issuer to transfer and convey its interest in
any portion of the Trust Estate in connection with a Sale thereof, and to take
all action necessary to effect such Sale; and
(5) no purchaser or transferee at such a Sale shall be bound
to ascertain the Indenture Trustee's authority, inquire into the satisfaction of
any conditions precedent or see to the application of any monies.
Section 5.16. Action on Notes. The Indenture Trustee's right to seek
and recover judgment on the Notes or under this Indenture shall not be affected
by the seeking, obtaining or application of any other relief under or with
respect to this Indenture. Neither the lien of this Indenture nor any rights or
remedies of the Indenture Trustee or the Noteholders shall be impaired by the
recovery of any judgment by the Indenture Trustee against the Issuer or by the
levy of any execution under such judgment upon any portion of the Trust Estate
or upon any of the assets of the Issuer. Any money or property collected by the
Indenture Trustee shall be applied in accordance with Section 5.04(b).
Section 5.17. Performance and Enforcement of Certain Obligations. (a)
Promptly following a written request from the Credit Enhancer or the Indenture
Trustee with the written consent of the Credit Enhancer to do so, the Issuer, in
its capacity as holder of the Revolving Credit Loans, shall, with the written
consent of the Credit Enhancer, take all such lawful action as the Indenture
Trustee may request to cause the Issuer to compel or secure the performance and
observance by the Designated Seller and the Master Servicer, as applicable, of
each of their obligations to the Issuer under or in connection with the
Designated Seller's Agreement and the Servicing Agreement, and to exercise any
and all rights, remedies, powers and privileges lawfully available to the Issuer
under or in connection with the Designated Seller's Agreement and the Servicing
Agreement to the extent and in the manner directed by the Indenture Trustee, as
pledgee of the Revolving Credit Loans, including the transmission of notices of
default on the part of the Designated Seller or the Master Servicer thereunder
and the institution of legal or administrative actions or proceedings to compel
or secure performance by the Designated Seller or the Master Servicer of each of
their obligations under the Designated Seller's Agreement and the Servicing
Agreement.
(b) If an Event of Default has occurred and is continuing, the
Indenture Trustee, as pledgee of the Revolving Credit Loans, subject to the
rights of the Credit Enhancer under the Servicing Agreement may, and at the
direction (which direction shall be in writing or by
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telephone (confirmed in writing promptly thereafter)) of the Holders of 66-2/3%
of the Security Balances of the Notes shall, exercise all rights, remedies,
powers, privileges and claims of the Issuer against the Designated Seller or the
Master Servicer under or in connection with the Designated Seller's Agreement
and the Servicing Agreement, including the right or power to take any action to
compel or secure performance or observance by the Designated Seller or the
Master Servicer, as the case may be, of each of their obligations to the Issuer
thereunder and to give any consent, request, notice, direction, approval,
extension or waiver under the Designated Seller's Agreement and the Servicing
Agreement, as the case may be, and any right of the Issuer to take such action
shall not be suspended. In connection therewith, as determined by the Indenture
Trustee, the Issuer shall take all actions necessary to effect the transfer of
the Revolving Credit Loans to the Indenture Trustee.
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ARTICLE VI
The Indenture Trustee
Section 6.01. Duties of Indenture Trustee. (a) If an Event of Default
has occurred and is continuing, the Indenture Trustee shall exercise the rights
and powers vested in it by this Indenture and use the same degree of care and
skill in their exercise as a prudent person would exercise or use under the
circumstances in the conduct of such person's own affairs.
(b) Except during the continuance of an Event of Default:
(i) the Indenture Trustee undertakes to perform such
duties and only such duties as are specifically set forth in this
Indenture and no implied covenants or obligations shall be read into
this Indenture against the Indenture Trustee; and
(ii) in the absence of bad faith on its part, the
Indenture Trustee may conclusively rely, as to the truth of the
statements and the correctness of the opinions expressed therein, upon
certificates or opinions furnished to the Indenture Trustee and
conforming to the requirements of this Indenture; however, the
Indenture Trustee shall examine the certificates and opinions to
determine whether or not they conform to the requirements of this
Indenture.
(c) The Indenture Trustee may not be relieved from liability for its
own negligent action, its own negligent failure to act or its own willful
misconduct, except that:
(i) this paragraph does not limit the effect of paragraph (b) of this
Section 6.01;
(ii) the Indenture Trustee shall not be liable for any
error of judgment made in good faith by a Responsible Officer unless it
is proved that the Indenture Trustee was negligent in ascertaining the
pertinent facts; and
(iii) the Indenture Trustee shall not be liable with
respect to any action it takes or omits to take in good faith in
accordance with a direction received by it (A) pursuant to Section 5.11
or (B) from the Credit Enhancer, which it is entitled to give under any
of the Basic Documents.
(d) The Indenture Trustee shall not be liable for interest on any money
received by it except as the Indenture Trustee may agree in writing with the
Issuer.
(e) Money held in trust by the Indenture Trustee need not be segregated
from other funds except to the extent required by law or the terms of this
Indenture or the Trust Agreement.
(f) No provision of this Indenture shall require the Indenture Trustee
to expend or risk its own funds or otherwise incur financial liability in the
performance of any of its duties hereunder or in the exercise of any of its
rights or powers, if it shall have reasonable grounds
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to believe that repayment of such funds or adequate indemnity against such risk
or liability is not reasonably assured to it.
(g) Every provision of this Indenture relating to the conduct or
affecting the liability of or affording protection to the Indenture Trustee
shall be subject to the provisions of this Section and to the provisions of the
TIA.
Section 6.02. Rights of Indenture Trustee. (a) The Indenture Trustee may
rely on any document believed by it to be genuine and to have been signed or
presented by the proper person. The Indenture Trustee need not investigate any
fact or matter stated in the document.
(b) Before the Indenture Trustee acts or refrains from acting, it may
require an Officer's Certificate or an Opinion of Counsel. The Indenture Trustee
shall not be liable for any action it takes or omits to take in good faith in
reliance on an Officer's Certificate or Opinion of Counsel.
(c) The Indenture Trustee may execute any of the trusts or powers
hereunder or perform any duties hereunder either directly or by or through
agents or attorneys or a custodian or nominee, and the Indenture Trustee shall
not be responsible for any misconduct or negligence on the part of, or for the
supervision of, any such agent, attorney, custodian or nominee appointed with
due care by it hereunder.
(d) The Indenture Trustee shall not be liable for any action it takes
or omits to take in good faith which it believes to be authorized or within its
rights or powers; provided, however, that the Indenture Trustee's conduct does
not constitute willful misconduct, negligence or bad faith.
(e) The Indenture Trustee may consult with counsel, and the advice or
opinion of counsel with respect to legal matters relating to this Indenture and
the Notes shall be full and complete authorization and protection from liability
in respect to any action taken, omitted or suffered by it hereunder in good
faith and in accordance with the advice or opinion of such counsel.
Section 6.03. Individual Rights of Indenture Trustee. The Indenture
Trustee in its individual or any other capacity may become the owner or pledgee
of Notes and may otherwise deal with the Issuer or its Affiliates with the same
rights it would have if it were not Indenture Trustee. Any Note Registrar,
co-registrar or co-paying agent may do the same with like rights. However, the
Indenture Trustee must comply with Sections 6.11 and 6.12.
Section 6.04. Indenture Trustee's Disclaimer. The Indenture Trustee
shall not be (i) responsible for and makes no representation as to the validity
or adequacy of this Indenture or the Notes, (ii) accountable for the Issuer's
use of the proceeds from the Notes or (iii) responsible for any statement of the
Issuer in the Indenture or in any document issued in connection with the sale of
the Notes or in the Notes other than the Indenture Trustee's certificate of
authentication.
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Section 6.05. Notice of Event of Default. If an Event of Default occurs
and is continuing and if it is known to a Responsible Officer of the Indenture
Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer.
The Indenture Trustee shall mail to each Noteholder notice of the Event of
Default within 90 days after it occurs. Except in the case of an Event of
Default in payment of principal of or interest on any Note, the Indenture
Trustee may withhold the notice if and so long as a committee of its Responsible
Officers in good faith determines that withholding the notice is in the
interests of Noteholders.
Section 6.06. Reports by Indenture Trustee to Holders. The Indenture
Trustee shall deliver to each Noteholder such information as may be required to
enable such holder to prepare its federal and state income tax returns. In
addition, upon the Issuer's written request, the Indenture Trustee shall
promptly furnish information reasonably requested by the Issuer that is
reasonably available to the Indenture Trustee to enable the Issuer to perform
its federal and state income tax reporting obligations.
Section 6.07. Compensation and Indemnity. The Issuer shall pay to the
Indenture Trustee on each Payment Date reasonable compensation for its services.
The Indenture Trustee shall be compensated and indemnified by the Master
Servicer in accordance with Section 6.06 of the Servicing Agreement, and all
amounts owing to the Indenture Trustee hereunder in excess of such amount shall
be paid solely as provided in Section 3.05 hereof (subject to the priorities set
forth therein). The Indenture Trustee's compensation shall not be limited by any
law on compensation of a trustee of an express trust. The Issuer shall reimburse
the Indenture Trustee for all reasonable out-of-pocket expenses incurred or made
by it, including costs of collection, in addition to the compensation for its
services. Such expenses shall include the reasonable compensation and expenses,
disbursements and advances of the Indenture Trustee's agents, counsel,
accountants and experts. The Issuer shall indemnify the Indenture Trustee
against any and all loss, liability or expense (including attorneys' fees)
incurred by it in connection with the administration of this trust and the
performance of its duties hereunder. The Indenture Trustee shall notify the
Issuer promptly of any claim for which it may seek indemnity. Failure by the
Indenture Trustee to so notify the Issuer shall not relieve the Issuer of its
obligations hereunder. The Issuer shall defend any such claim, and the Indenture
Trustee may have separate counsel and the Issuer shall pay the fees and expenses
of such counsel. The Issuer is not obligated to reimburse any expense or
indemnify against any loss, liability or expense incurred by the Indenture
Trustee through the Indenture Trustee's own willful misconduct, negligence or
bad faith.
The Issuer's payment obligations to the Indenture Trustee pursuant to
this Section 6.07 shall survive the discharge of this Indenture. When the
Indenture Trustee incurs expenses after the occurrence of an Event of Default
specified in Section 5.01(iv) or (v) with respect to the Issuer, the expenses
are intended to constitute expenses of administration under Title 11 of the
United States Code or any other applicable federal or state bankruptcy,
insolvency or similar law.
Section 6.08. Replacement of Indenture Trustee. No resignation or
removal of the Indenture Trustee and no appointment of a successor Indenture
Trustee shall become effective until the acceptance of appointment by the
successor Indenture Trustee pursuant to this Section 6.08. The Indenture Trustee
may resign at any time by so notifying the Issuer and the
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Credit Enhancer. The Holders of a majority of Security Balances of the Notes or
the Credit Enhancer may remove the Indenture Trustee by so notifying the
Indenture Trustee and the Credit Enhancer and may appoint a successor Indenture
Trustee. The Issuer shall remove the Indenture Trustee if:
(i) the Indenture Trustee fails to comply with Section 6.11;
(ii) the Indenture Trustee is adjudged a bankrupt or insolvent;
(iii) a receiver or other public officer takes charge of the Indenture Trustee
or its property; or
(iv) the Indenture Trustee otherwise becomes incapable of acting.
If the Indenture Trustee resigns or is removed or if a vacancy exists
in the office of the Indenture Trustee for any reason (the Indenture Trustee in
such event being referred to herein as the retiring Indenture Trustee), the
Issuer shall promptly appoint a successor Indenture Trustee with the consent of
the Credit Enhancer which consent will not be unreasonably withheld. In
addition, the Indenture Trustee will resign to avoid being directly or
indirectly controlled by the Issuer.
A successor Indenture Trustee shall deliver a written acceptance of its
appointment to the retiring Indenture Trustee and to the Issuer. Thereupon, the
resignation or removal of the retiring Indenture Trustee shall become effective,
and the successor Indenture Trustee shall have all the rights, powers and duties
of the Indenture Trustee under this Indenture. The successor Indenture Trustee
shall mail a notice of its succession to Noteholders. The retiring Indenture
Trustee shall promptly transfer all property held by it as Indenture Trustee to
the successor Indenture Trustee.
If a successor Indenture Trustee does not take office within 60 days
after the retiring Indenture Trustee resigns or is removed, the retiring
Indenture Trustee, the Issuer or the Holders of a majority of Security Balances
of the Notes may petition any court of competent jurisdiction for the
appointment of a successor Indenture Trustee.
If the Indenture Trustee fails to comply with Section 6.11, any
Noteholder may petition any court of competent jurisdiction for the removal of
the Indenture Trustee and the appointment of a successor Indenture Trustee.
Notwithstanding the replacement of the Indenture Trustee pursuant to
this Section, the Issuer's shall continue for the benefit of the retiring
Indenture Trustee.
Section 6.09. Successor Indenture Trustee by Merger. If the Indenture
Trustee consolidates with, merges or converts into, or transfers all or
substantially all its corporate trust business or assets to, another corporation
or banking association, the resulting, surviving or transferee corporation
without any further act shall be the successor Indenture Trustee; provided, that
such corporation or banking association shall be otherwise qualified and
eligible under
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Section 6.11. The Indenture Trustee shall provide the Rating Agencies written
notice of any such transaction after the Closing Date.
In case at the time such successor or successors by merger, conversion
or consolidation to the Indenture Trustee shall succeed to the trusts created by
this Indenture any of the Notes shall have been authenticated but not delivered,
any such successor to the Indenture Trustee may adopt the certificate of
authentication of any predecessor trustee, and deliver such Notes so
authenticated; and in case at that time any of the Notes shall not have been
authenticated, any successor to the Indenture Trustee may authenticate such
Notes either in the name of any predecessor hereunder or in the name of the
successor to the Indenture Trustee; and in all such cases such certificates
shall have the full force which it is anywhere in the Notes or in this Indenture
provided that the certificate of the Indenture Trustee shall have.
Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture
Trustee. (a) Notwithstanding any other provisions of this Indenture, at any
time, for the purpose of meeting any legal requirement of any jurisdiction in
which any part of the Trust Estate may at the time be located, the Indenture
Trustee shall have the power and may execute and deliver all instruments to
appoint one or more Persons to act as a co-trustee or co-trustees, or separate
trustee or separate trustees, of all or any part of the Owner Trust, and to vest
in such Person or Persons, in such capacity and for the benefit of the
Noteholders, such title to the Trust Estate, or any part hereof, and, subject to
the other provisions of this Section, such powers, duties, obligations, rights
and trusts as the Indenture Trustee may consider necessary or desirable. No
co-trustee or separate trustee hereunder shall be required to meet the terms of
eligibility as a successor trustee under Section 6.11 and no notice to
Noteholders of the appointment of any co-trustee or separate trustee shall be
required under Section 6.08 hereof.
(b) Every separate trustee and co-trustee shall, to the extent
permitted by law, be appointed and act subject to the following provisions and
conditions:
(i) all rights, powers, duties and obligations conferred
or imposed upon the Indenture Trustee shall be conferred or imposed
upon and exercised or performed by the Indenture Trustee and such
separate trustee or co-trustee jointly (it being understood that such
separate trustee or co-trustee is not authorized to act separately
without the Indenture Trustee joining in such act), except to the
extent that under any law of any jurisdiction in which any particular
act or acts are to be performed the Indenture 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 Estate or any portion thereof in any such
jurisdiction) shall be exercised and performed singly by such separate
trustee or co-trustee, but solely at the direction of the Indenture
Trustee;
(ii) no trustee hereunder shall be personally liable by reason of any act
or omission of any other trustee hereunder; and
(iii) the Indenture Trustee may at any time accept the resignation of or
remove any separate trustee or co-trustee.
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(c) Any notice, request or other writing given to the Indenture 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 VI. 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
Indenture Trustee or separately, as may be provided therein, subject to all the
provisions of this Indenture, specifically including every provision of this
Indenture relating to the conduct of, affecting the liability of, or affording
protection to, the Indenture Trustee. Every such instrument shall be filed with
the Indenture Trustee.
(d) Any separate trustee or co-trustee may at any time constitute the
Indenture 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. 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 Indenture Trustee, to the extent permitted by law, without the
appointment of a new or successor trustee.
Section 6.11. Eligibility; Disqualification. The Indenture Trustee
shall at all times satisfy the requirements of TIA ss. 310(a). The Indenture
Trustee shall have a combined capital and surplus of at least $50,000,000 as set
forth in its most recent published annual report of condition and it or its
parent shall have a long-term debt rating of A or better by Moody's. The
Indenture Trustee shall comply with TIA ss. 310(b), including the optional
provision permitted by the second sentence of TIA ss. 310(b)(9); provided,
however, that there shall be excluded from the operation of TIA ss. 310(b)(1)
any indenture or indentures under which other securities of the Issuer are
outstanding if the requirements for such exclusion set forth in TIA ss.
310(b)(1) are met.
Section 6.12. Preferential Collection of Claims Against Issuer. The
Indenture Trustee shall comply with TIA ss. 311(a), excluding any creditor
relationship listed in TIA ss. 311(b). An Indenture Trustee who has resigned or
been removed shall be subject to TIA ss. 311(a) to the extent indicated.
Section 6.13. Representations and Warranties. The Indenture Trustee hereby
represents that: (i) The Indenture Trustee is duly organized, validly
existing and in good standing under the laws of the State of New York
with power and authority to own its properties and to conduct its
business as such properties are currently owned and such business is
presently conducted.
(ii) The Indenture Trustee has the power and authority to
execute and deliver this Indenture and to carry out its terms; and the
execution, delivery and performance of this Indenture have been duly
authorized by the Indenture Trustee by all necessary corporate action.
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(iii) The consummation of the transactions contemplated by
this Indenture and the fulfillment of the terms hereof do not conflict
with, result in any breach of any of the terms and provisions of, or
constitute (with or without notice or lapse of time) a default under,
the articles of organization or bylaws of the Indenture Trustee or any
agreement or other instrument to which the Indenture Trustee is a party
or by which it is bound.
(iv) To the Indenture Trustee's best knowledge, there are no
proceedings or investigations pending or threatened before any court,
regulatory body, administrative agency or other governmental
instrumentality having jurisdiction over the Indenture Trustee or its
properties: (A) asserting the invalidity of this Indenture (B) seeking
to prevent the consummation of any of the transactions contemplated by
this Indenture or (C) seeking any determination or ruling that might
materially and adversely affect the performance by the Indenture
Trustee of its obligations under, or the validity or enforceability of,
this Indenture.
(v) The Indenture Trustee does not have notice of any
adverse claim (as such terms are used in Delaware UCC Section 8-302)
with respect to the Revolving Credit Loans.
Section 6.14. Directions to Indenture Trustee. The Indenture Trustee is
hereby directed:
(a) to accept the pledge of the Revolving Credit Loans and hold the assets
of the Trust in trust for the Noteholders and the Credit Enhancer;
(b) to authenticate and deliver the Notes substantially in the form
prescribed by Exhibit A in accordance with the terms of this Indenture; and
(c) to take all other actions as shall be required to be taken by the terms
of this Indenture.
Section 6.15. Indenture Trustee May Own Securities. The Indenture Trustee,
in its individual or any other capacity may become the owner or pledgee of
Securities with the same rights it would have if it were not Indenture Trustee.
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ARTICLE VII
Noteholders' Lists and Reports
Section 7.01. Issuer To Furnish Indenture Trustee Names and Addresses
of Noteholders. The Issuer will furnish or cause to be furnished to the
Indenture Trustee (a) not more than five days after each Record Date, a list, in
such form as the Indenture Trustee may reasonably require, of the names and
addresses of the Holders of Notes as of such Record Date and, (b) at such other
times as the Indenture Trustee and the Credit Enhancer may request in writing,
within 30 days after receipt by the Issuer of any such request, a list of
similar form and content as of a date not more than 10 days prior to the time
such list is furnished; provided, however, that so long as the Indenture Trustee
is the Note Registrar, no such list shall be required to be furnished.
Section 7.02. Preservation of Information; Communications to
Noteholders. (a) The Indenture Trustee shall preserve, in as current a form as
is reasonably practicable, the names and addresses of the Holders of Notes
contained in the most recent list furnished to the Indenture Trustee as provided
in Section 7.01 and the names and addresses of Holders of Notes received by the
Indenture Trustee in its capacity as Note Registrar. The Indenture Trustee may
destroy any list furnished to it as provided in such Section 7.01 upon receipt
of a new list so furnished.
(b) Noteholders may communicate pursuant to TIA ss. 312(b) with other
Noteholders with respect to their rights under this Indenture or under the
Notes.
(c) The Issuer, the Indenture Trustee and the Note Registrar shall have the
protection of TIA ss. 312(c).
Section 7.03. Reports by Issuer. (a) The Issuer shall:
(i) file with the Indenture Trustee, within 15 days
after the Issuer is required to file the same with the Commission,
copies of the annual reports and the information, documents and other
reports (or copies of such portions of any of the foregoing as the
Commission may from time to time by rules and regulations prescribe)
that the Issuer may be required to file with the Commission pursuant to
Section 13 or 15(d) of the Exchange Act;
(ii) file with the Indenture Trustee, and the Commission
in accordance with rules and regulations prescribed from time to time
by the Commission such additional information, documents and reports
with respect to compliance by the Issuer with the conditions and
covenants of this Indenture as may be required from time to time by
such rules and regulations; and
(iii) supply to the Indenture Trustee (and the Indenture
Trustee shall transmit by mail to all Noteholders described in TIA ss.
313(c)) such summaries of any information, documents and reports
required to be filed by the Issuer pursuant to
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clauses (i) and (ii) of this Section 7.03(a) and by rules and regulations
prescribed from time to time by the Commission.
(b) Unless the Issuer otherwise determines, the fiscal year of the
Issuer shall end on December 31 of each year.
Section 7.04. Reports by Indenture Trustee. If required by TIA ss.
313(a), within 60 days after each January 1 beginning with January 1, 1998, the
Indenture Trustee shall mail to each Noteholder as required by TIA ss. 313(c)
and to the Credit Enhancer a brief report dated as of such date that complies
with TIA ss. 313(a). The Indenture Trustee also shall comply with
TIA ss. 313(b).
A copy of each report at the time of its mailing to Noteholders shall
be filed by the Indenture Trustee with the Commission and each stock exchange,
if any, on which the Term Notes are listed. The Issuer shall notify the
Indenture Trustee if and when the Term Notes are listed on any stock exchange.
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ARTICLE VIII
Accounts, Disbursements and Releases
Section 8.01. Collection of Money. Except as otherwise expressly
provided herein, the Indenture Trustee may demand payment or delivery of, and
shall receive and collect, directly and without intervention or assistance of
any fiscal agent or other intermediary, all money and other property payable to
or receivable by the Indenture Trustee pursuant to this Indenture. The Indenture
Trustee shall apply all such money received by it as provided in this Indenture.
Except as otherwise expressly provided in this Indenture, if any default occurs
in the making of any payment or performance under any agreement or instrument
that is part of the Trust Estate, the Indenture Trustee may take such action as
may be appropriate to enforce such payment or performance, including the
institution and prosecution of appropriate Proceedings. Any such action shall be
without prejudice to any right to claim a Default or Event of Default under this
Indenture and any right to proceed thereafter as provided in Article V.
Section 8.02. Trust Accounts. (a) On or prior to the Closing Date, the
Issuer shall cause the Indenture Trustee to establish and maintain, in the name
of the Indenture Trustee, for the benefit of the Noteholders and the Certificate
Paying Agent, on behalf of the Certificateholders and the Credit Enhancer, the
Payment Account as provided in Section 3.01
of this Indenture.
(b) All monies deposited from time to time in the Payment Account
pursuant to the Servicing Agreement and all deposits therein pursuant to this
Indenture are for the benefit of the Noteholders and the Certificate Paying
Agent, on behalf of the Certificateholders and all investments made with such
monies including all income or other gain from such investments are for the
benefit of the Master Servicer as provided by the Servicing Agreement.
On each Payment Date, the Indenture Trustee shall distribute all
amounts on deposit in the Payment Account to Noteholders in respect of the Notes
and in its capacity as Certificate Paying Agent to Certificateholders in the
order of priority set forth in Section 3.05 (except as otherwise provided in
Section 5.04(b).
The Master Servicer shall direct the Indenture Trustee in writing to
invest any funds in the Payment Account in Permitted Investments maturing no
later than the Business Day preceding each Payment Date and shall not be sold or
disposed of prior to the maturity.
Section 8.03. Officer's Certificate. The Indenture Trustee shall
receive at least seven days notice when requested by the Issuer to take any
action pursuant to Section 8.05(a), accompanied by copies of any instruments to
be executed, and the Indenture Trustee shall also require, as a condition to
such action, an Officer's Certificate, in form and substance satisfactory to the
Indenture Trustee, stating the legal effect of any such action, outlining the
steps required to complete the same, and concluding that all conditions
precedent to the taking of such action have been complied with.
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Section 8.04. Termination Upon Distribution to Noteholders. This
Indenture and the respective obligations and responsibilities of the Issuer and
the Indenture Trustee created hereby shall terminate upon the distribution to
Noteholders, Certificate Paying Agent, on behalf of the Certificateholders and
the Indenture Trustee of all amounts required to be distributed pursuant to
Article III; provided, however, that in no event shall the trust created hereby
continue beyond the expiration of 21 years from the death of the survivor of the
descendants of Joseph P. Kennedy, the late ambassador of the United States to
the Court of St. James, living on the date hereof.
Section 8.05. Release of Trust Estate. (a) Subject to the payment of
its fees and expenses, the Indenture Trustee may, and when required by the
provisions of this Indenture shall, execute instruments to release property from
the lien of this Indenture, or convey the Indenture Trustee's interest in the
same, in a manner and under circumstances that are not inconsistent with the
provisions of this Indenture. No party relying upon an instrument executed by
the Indenture Trustee as provided in Article VIII hereunder shall be bound to
ascertain the Indenture Trustee's authority, inquire into the satisfaction of
any conditions precedent, or see to the application of any monies.
(b) The Indenture Trustee shall, at such time as (i) there are no Notes
Outstanding, (ii) all sums due the Indenture Trustee pursuant to this Indenture
have been paid, and (iii) all sums due the Credit Enhancer have been paid,
release any remaining portion of the Trust Estate that secured the Notes from
the lien of this Indenture.
(c) The Indenture Trustee shall release property from the lien of this
Indenture pursuant to this Section 8.05 only upon receipt of a request from the
Issuer accompanied by an Officers' Certificate and a letter from the Credit
Enhancer, stating that the Credit Enhancer has no objection to such request from
the Issuer.
(d) The Indenture Trustee shall, at the request of the Issuer or the
Depositor, surrender the Credit Enhancement Instrument to the Credit Enhancer
for cancellation, upon final payment of principal and interest on the Notes.
Section 8.06. Surrender of Notes Upon Final Payment. By acceptance of any
Note, the Holder thereof agrees to surrender such Note to the Indenture Trustee
promptly, prior to such Noteholder's receipt of the final payment thereon.
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ARTICLE IX
Supplemental Indentures
Section 9.01. Supplemental Indentures Without Consent of Noteholders.
(a) Without the consent of the Holders of any Notes but with prior notice to the
Rating Agencies and the Credit Enhancer, the Issuer and the Indenture Trustee,
when authorized by an Issuer Request, at any time and from time to time, may
enter into one or more indentures supplemental hereto (which shall conform to
the provisions of the Trust Indenture Act as in force at the date of the
execution thereof), in form satisfactory to the Indenture Trustee, for any of
the following purposes:
(i) to correct or amplify the description of any
property at any time subject to the lien of this Indenture, or better
to assure, convey and confirm unto the Indenture Trustee any property
subject or required to be subjected to the lien of this Indenture, or
to subject to the lien of this Indenture additional property;
(ii) to evidence the succession, in compliance with the applicable
provisions hereof, of another person to the Issuer, and the assumption by any
such successor of the covenants of the Issuer herein and in the Notes contained;
(iii) to add to the covenants of the Issuer, for the benefit of the Holders
of the Notes or the Credit Enhancer, or to surrender any right or power herein
conferred upon the Issuer;
(iv) to convey, transfer, assign, mortgage or pledge any property to or
with the Indenture Trustee;
(v) to cure any ambiguity, to correct or supplement any provision herein or
in any supplemental indenture that may be inconsistent with any other provision
herein or in any supplemental indenture;
(vi) to make any other provisions with respect to matters
or questions arising under this Indenture or in any supplemental
indenture; provided, that such action shall not materially and
adversely affect the interests of the Holders of the Notes or the
Credit Enhancer;
(vii) to evidence and provide for the acceptance of the
appointment hereunder by a successor trustee with respect to the Notes
and to add to or change any of the provisions of this Indenture as
shall be necessary to facilitate the administration of the trusts
hereunder by more than one trustee, pursuant to the requirements of
Article VI; or
(viii) to modify, eliminate or add to the provisions of
this Indenture to such extent as shall be necessary to effect the
qualification of this Indenture under the TIA or under any similar
federal statute hereafter enacted and to add to this Indenture such
other provisions as may be expressly required by the TIA;
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provided, however, that no such indenture supplements shall be entered into
unless the Indenture Trustee shall have received an Opinion of Counsel that
entering into such indenture supplement will not have any material adverse tax
consequences to the Noteholders.
The Indenture Trustee is hereby authorized to join in the execution of
any such supplemental indenture and to make any further appropriate agreements
and stipulations that may be therein contained.
(b) The Issuer and the Indenture Trustee, when authorized by an Issuer
Request, may, also without the consent of any of the Holders of the Notes but
with prior notice to the Rating Agencies and the Credit Enhancer, enter into an
indenture or indentures supplemental hereto for the purpose of adding any
provisions to, or changing in any manner or eliminating any of the provisions
of, this Indenture or of modifying in any manner the rights of the Holders of
the Notes under this Indenture; provided, however, that such action shall not,
as evidenced by an Opinion of Counsel, (i) adversely affect in any material
respect the interests of any Noteholder or the Credit Enhancer or (ii) cause the
Issuer to be subject to an entity level tax.
Section 9.02. Supplemental Indentures With Consent of Noteholders. The
Issuer and the Indenture Trustee, when authorized by an Issuer Request, also
may, with prior notice to the Rating Agencies and with the consent of the
Holders of not less than a majority of the Security Balances of each Class of
Notes affected thereby and the Credit Enhancer, by Act of such Holders delivered
to the Issuer and the Indenture Trustee, enter into an indenture or indentures
supplemental hereto for the purpose of adding any provisions to, or changing in
any manner or eliminating any of the provisions of, this Indenture or of
modifying in any manner the rights of the Holders of the Notes under this
Indenture; provided, however, that no such supplemental indenture shall, without
the consent of the Holder of each Note affected thereby:
(i) change the date of payment of any installment of
principal of or interest on any Note, or reduce the principal amount
thereof or the interest rate thereon, change the provisions of this
Indenture relating to the application of collections on, or the
proceeds of the sale of, the Trust Estate to payment of principal of or
interest on the Notes, or change any place of payment where, or the
coin or currency in which, any Note or the interest thereon is payable,
or impair the right to institute suit for the enforcement of the
provisions of this Indenture requiring the application of funds
available therefor, as provided in Article V, to the payment of any
such amount due on the Notes on or after the respective due dates
thereof;
(ii) reduce the percentage of the Security Balances of
the Notes, the consent of the Holders of which is required for any such
supplemental indenture, or the consent of the Holders of which is
required for any waiver of compliance with certain provisions of this
Indenture or certain defaults hereunder and their consequences provided
for in this Indenture;
(iii) modify or alter the provisions of the proviso to the definition of
the term "Outstanding" or modify or alter the exception in the definition of the
term "Holder";
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(iv) reduce the percentage of the Security Balances of the Notes required
to direct the Indenture Trustee to direct the Issuer to sell or liquidate the
Trust Estate pursuant to Section 5.04;
(v) modify any provision of this Section 9.02 except to
increase any percentage specified herein or to provide that certain
additional provisions of this Indenture or the Basic Documents cannot
be modified or waived without the consent of the Holder of each Note
affected thereby;
(vi) modify any of the provisions of this Indenture in
such manner as to affect the calculation of the amount of any payment
of interest or principal due on any Note on any Payment Date (including
the calculation of any of the individual components of such
calculation); or
(vii) permit the creation of any lien ranking prior to or
on a parity with the lien of this Indenture with respect to any part of
the Trust Estate or, except as otherwise permitted or contemplated
herein, terminate the lien of this Indenture on any property at any
time subject hereto or deprive the Holder of any Note of the security
provided by the lien of this Indenture; and provided, further, that
such action shall not, as evidenced by an Opinion of Counsel, cause the
Issuer to be subject to an entity level tax.
The Indenture Trustee may in its discretion determine whether or not
any Notes would be affected by any supplemental indenture and any such
determination shall be conclusive upon the Holders of all Notes, whether
theretofore or thereafter authenticated and delivered hereunder. The Indenture
Trustee shall not be liable for any such determination made in good faith.
It shall not be necessary for any Act of Noteholders (as defined in
Section 10.03) under this Section 9.02 to approve the particular form of any
proposed supplemental indenture, but it shall be sufficient if such Act shall
approve the substance thereof.
Promptly after the execution by the Issuer and the Indenture Trustee of
any supplemental indenture pursuant to this Section 9.02, the Indenture Trustee
shall mail to the Holders of the Notes to which such amendment or supplemental
indenture relates a notice setting forth in general terms the substance of such
supplemental indenture. Any failure of the Indenture Trustee to mail such
notice, or any defect therein, shall not, however, in any way impair or affect
the validity of any such supplemental indenture.
Section 9.03. Execution of Supplemental Indentures. In executing, or
permitting the additional trusts created by, any supplemental indenture
permitted by this Article IX or the modification thereby of the trusts created
by this Indenture, the Indenture Trustee shall be entitled to receive, and
subject to Sections 6.01 and 6.02, shall be fully protected in relying upon, an
Opinion of Counsel stating that the execution of such supplemental indenture is
authorized or permitted by this Indenture. The Indenture Trustee may, but shall
not be obligated to, enter into any such supplemental indenture that affects the
Indenture Trustee's own rights, duties, liabilities or immunities under this
Indenture or otherwise.
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Section 9.04. Effect of Supplemental Indenture. Upon the execution of
any supplemental indenture pursuant to the provisions hereof, this Indenture
shall be and shall be deemed to be modified and amended in accordance therewith
with respect to the Notes affected thereby, and the respective rights,
limitations of rights, obligations, duties, liabilities and immunities under
this Indenture of the Indenture Trustee, the Issuer and the Holders of the Notes
shall thereafter be determined, exercised and enforced hereunder subject in all
respects to such modifications and amendments, and all the terms and conditions
of any such supplemental indenture shall be and be deemed to be part of the
terms and conditions of this Indenture for any and all purposes.
Section 9.05. Conformity with Trust Indenture Act. Every amendment of
this Indenture and every supplemental indenture executed pursuant to this
Article IX shall conform to the requirements of the Trust Indenture Act as then
in effect so long as this Indenture shall
then be qualified under the Trust Indenture Act.
Section 9.06. Reference in Notes to Supplemental Indentures. Notes
authenticated and delivered after the execution of any supplemental indenture
pursuant to this Article IX may, and if required by the Indenture Trustee shall,
bear a notation in form approved by the Indenture Trustee as to any matter
provided for in such supplemental indenture. If the Issuer or the Indenture
Trustee shall so determine, new Notes so modified as to conform, in the opinion
of the Indenture Trustee and the Issuer, to any such supplemental indenture may
be prepared and executed by the Issuer and authenticated and delivered by the
Indenture Trustee in exchange for Outstanding Notes.
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ARTICLE X
Miscellaneous
Section 10.01. Compliance Certificates and Opinions, etc. (a) Upon any
application or request by the Issuer to the Indenture Trustee to take any action
under any provision of this Indenture, the Issuer shall furnish to the Indenture
Trustee and to the Credit Enhancer (i) an Officer's Certificate stating that all
conditions precedent, if any, provided for in this Indenture relating to the
proposed action have been complied with and (ii) an Opinion of Counsel stating
that in the opinion of such counsel all such conditions precedent, if any, have
been complied with, except that, in the case of any such application or request
as to which the furnishing of such documents is specifically required by any
provision of this Indenture, no additional certificate or opinion need be
furnished.
Every certificate or opinion with respect to compliance with a
condition or covenant provided for in this Indenture shall include:
(1) a statement that each signatory of such certificate or
opinion has read or has caused to be read such covenant or condition
and the definitions herein relating thereto;
(2) a brief statement as to the nature and scope of the examination or
investigation upon which the statements or opinions contained in such
certificate or opinion are based;
(3) a statement that, in the opinion of each such signatory,
such signatory has made such examination or investigation as is
necessary to enable such signatory to express an informed opinion as to
whether or not such covenant or condition has been complied with;
(4) a statement as to whether, in the opinion of each such signatory, such
condition or covenant has been complied with; and
(5) if the Signer of such Certificate or Opinion is required to be
Independent, the Statement required by the definition of the term "Independent".
(b) (i) Prior to the deposit of any Collateral or other property or
securities with the Indenture Trustee that is to be made the basis for the
release of any property or securities subject to the lien of this Indenture, the
Issuer shall, in addition to any obligation imposed in Section 10.01(a) or
elsewhere in this Indenture, furnish to the Indenture Trustee an Officer's
Certificate certifying or stating the opinion of each person signing such
certificate as to the fair value (within 90 days of such deposit) to the Issuer
of the Collateral or other property or securities to be so deposited.
(ii) Whenever the Issuer is required to furnish to the Indenture Trustee an
Officer's Certificate certifying or stating the opinion of any signer thereof as
to the matters described in clause (i) above, the Issuer shall also deliver to
the Indenture Trustee an Independent Certificate as to the same matters, if the
fair value to the Issuer of the securities to
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be so deposited and of all other such securities made the basis of any such
withdrawal or release since the commencement of the then-current fiscal year of
the Issuer, as set forth in the certificates delivered pursuant to clause (i)
above and this clause (ii), is 10% or more of the Security Balances of the
Notes, but such a certificate need not be furnished with respect to any
securities so deposited, if the fair value thereof to the Issuer as set forth in
the related Officer's Certificate is less than $25,000 or less than one percent
of the Security Balances of the Notes.
(iii) Whenever any property or securities are to be released from the lien
of this Indenture, the Issuer shall also furnish to the Indenture Trustee an
Officer's Certificate certifying or stating the opinion of each person signing
such certificate as to the fair value (within 90 days of such release) of the
property or securities proposed to be released and stating that in the opinion
of such person the proposed release will not impair the security under this
Indenture in contravention of the provisions hereof.
(iv) Whenever the Issuer is required to furnish to the Indenture Trustee an
Officer's Certificate certifying or stating the opinion of any signer thereof as
to the matters described in clause (iii) above, the Issuer shall also furnish to
the Indenture Trustee an Independent Certificate as to the same matters if the
fair value of the property or securities and of all other property, other than
property as contemplated by clause (v) below or securities released from the
lien of this Indenture since the commencement of the then-current calendar year,
as set forth in the certificates required by clause (iii) above and this clause
(iv), equals 10% or more of the Security Balances of the Notes, but such
certificate need not be furnished in the case of any release of property or
securities if the fair value thereof as set forth in the related Officer's
Certificate is less than $25,000 or less than one percent of the then Security
Balances of the Notes.
(v) Notwithstanding any provision of this Indenture, the Issuer may,
without compliance with the requirements of the other provisions of this Section
10.01, (A) collect, sell or otherwise dispose of the Revolving Credit Loans as
and to the extent permitted or required by the Basic Documents or (B) make cash
payments out of the Payment Account as and to the extent permitted or required
by the Basic Documents, so long as the Issuer shall deliver to the Indenture
Trustee every six months, commencing February 28, 1998, an Officer's Certificate
of the Issuer stating that all the dispositions of Collateral described in
clauses (A) or (B) above that occurred during the preceding six calendar months
were in the ordinary course of the Issuer's business and that the proceeds
thereof were applied in accordance with the Basic Documents.
Section 10.02. Form of Documents Delivered to Indenture Trustee. In any
case where several matters are required to be certified by, or covered by an
opinion of, any specified Person, it is not necessary that all such matters be
certified by, or covered by the opinion of, only one such Person, or that they
be so certified or covered by only one document, but one such Person may certify
or give an opinion with respect to some matters and one or more other such
Persons as to other matters, and any such Person may certify or give an opinion
as to such matters in one or several documents.
Any certificate or opinion of an Authorized Officer of the Issuer may
be based, insofar as it relates to legal matters, upon a certificate or opinion
of, or representations by, counsel,
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unless such officer knows, or in the exercise of reasonable care should know,
that the certificate or opinion or representations with respect to the matters
upon which his certificate or opinion is based are erroneous. Any such
certificate of an Authorized Officer or Opinion of Counsel may be based, insofar
as it relates to factual matters, upon a certificate or opinion of, or
representations by, an officer or officers of the Designated Seller or the
Issuer, stating that the information with respect to such factual matters is in
the possession of the Designated Seller or the Issuer, unless such counsel
knows, or in the exercise of reasonable care should know, that the certificate
or opinion or representations with respect to such matters are erroneous.
Where any Person is required to make, give or execute two or more
applications, requests, consents, certificates, statements, opinions or other
instruments under this Indenture, they may, but need not, be consolidated and
form one instrument.
Whenever in this Indenture, in connection with any application or
certificate or report to the Indenture Trustee, it is provided that the Issuer
shall deliver any document as a condition of the granting of such application,
or as evidence of the Issuer's compliance with any term hereof, it is intended
that the truth and accuracy, at the time of the granting of such application or
at the effective date of such certificate or report (as the case may be), of the
facts and opinions stated in such document shall in such case be conditions
precedent to the right of the Issuer to have such application granted or to the
sufficiency of such certificate or report. The foregoing shall not, however, be
construed to affect the Indenture Trustee's right to rely upon the truth and
accuracy of any statement or opinion contained in any such document as provided
in Article VI.
Section 10.03. Acts of Noteholders. (a) Any request, demand,
authorization, direction, notice, consent, waiver or other action provided by
this Indenture to be given or taken by Noteholders may be embodied in and
evidenced by one or more instruments of substantially similar tenor signed by
such Noteholders in person or by agents 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 Indenture Trustee, and, where it
is hereby expressly required, to the Issuer. Such instrument or instruments (and
the action embodied therein and evidenced thereby) are herein sometimes referred
to as the "Act" of the Noteholders signing such instrument or instruments. Proof
of execution of any such instrument or of a writing appointing any such agent
shall be sufficient for any purpose of this Indenture and (subject to Section
6.01) conclusive in favor of the Indenture Trustee and the Issuer, if made in
the manner provided in this Section 10.03.
(b) The fact and date of the execution by any person of any such
instrument or writing may be proved in any manner that the Indenture Trustee
deems sufficient.
(c) The ownership of Notes shall be proved by the Note Registrar.
(d) Any request, demand, authorization, direction, notice, consent,
waiver or other action by the Holder of any Notes shall bind the Holder of every
Note issued upon the registration thereof or in exchange therefor or in lieu
thereof, in respect of anything done, omitted or suffered to be done by the
Indenture Trustee or the Issuer in reliance thereon, whether or not notation of
such action is made upon such Note.
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Section 10.04. Notices, etc., to Indenture Trustee, Issuer, Credit
Enhancer and Rating Agencies. Any request, demand, authorization, direction,
notice, consent, waiver or Act of Noteholders or other documents provided or
permitted by this Indenture shall be in writing and if such request, demand,
authorization, direction, notice, consent, waiver or Act of Noteholders is to be
made upon, given or furnished to or filed with:
(i) the Indenture Trustee by any Noteholder or by the
Issuer shall be sufficient for every purpose hereunder if made, given,
furnished or filed in writing to or with the Indenture Trustee at the
Corporate Trust Office. The Indenture Trustee shall promptly transmit
any notice received by it from the Noteholders to the Issuer, or
(ii) the Issuer by the Indenture Trustee or by any
Noteholder shall be sufficient for every purpose hereunder if in
writing and mailed first-class, postage prepaid to the Issuer addressed
to: Home Equity Loan Trust 1997-GMACM4, in care of Wilmington Trust
Company, or at any other address previously furnished in writing to the
Indenture Trustee by the Issuer. The Issuer shall promptly transmit any
notice received by it from the Noteholders to the Indenture Trustee, or
(iii) the Credit Enhancer by the Issuer, the Indenture
Trustee or by any Noteholders shall be sufficient for every purpose
hereunder to in writing and mailed, first-class postage pre-paid, or
personally delivered or telecopied to: Ambac Assurance Corporation, One
State Street Plaza, 17th Floor, New York, New York 10004, Attention:
Howard Pfeffer, telecopier number (212) 363-1459. The Credit Enhancer
shall promptly transmit any notice received by it from the Issuer, the
Indenture Trustee or the Noteholders to the Issuer or Indenture
Trustee, as the case may be.
Notices required to be given to the Rating Agencies by the Issuer, the
Indenture Trustee or the Owner Trustee shall be in writing, personally delivered
or mailed by certified mail, return receipt requested, to (i) in the case of
Moody's, at the following address: Moody's Investors Service, Inc., ABS
Monitoring Department, 99 Church Street, New York, New York 10007 and (ii) in
the case of Standard & Poor's, at the following address: Standard & Poor's
Ratings Services, 26 Broadway (15th Floor), New York, New York 10004, Attention
of Asset Backed Surveillance Department; or as to each of the foregoing, at such
other address as shall be designated by written notice to the other parties.
Section 10.05. Notices to Noteholders; Waiver. Where this Indenture
provides for notice to Noteholders of any event, such notice shall be
sufficiently given (unless otherwise herein expressly provided) if in writing
and mailed, first-class, postage prepaid to each Noteholder affected by such
event, at such Person's address as it appears on the Note Register, not later
than the latest date, and not earlier than the earliest date, prescribed for the
giving of such notice. In any case where notice to Noteholders is given by mail,
neither the failure to mail such notice nor any defect in any notice so mailed
to any particular Noteholder shall affect the sufficiency of such notice with
respect to other Noteholders, and any notice that is mailed in the manner herein
provided shall conclusively be presumed to have been duly given regardless of
whether such notice is in fact actually received.
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Where this Indenture provides for notice in any manner, such notice may
be waived in writing by any Person entitled to receive such notice, either
before or after the event, and such waiver shall be the equivalent of such
notice. Waivers of notice by Noteholders shall be filed with the Indenture
Trustee but such filing shall not be a condition precedent to the validity of
any action taken in reliance upon such a waiver.
In case, by reason of the suspension of regular mail service as a
result of a strike, work stoppage or similar activity, it shall be impractical
to mail notice of any event to Noteholders when such notice is required to be
given pursuant to any provision of this Indenture, then any manner of giving
such notice as shall be satisfactory to the Indenture Trustee shall be deemed to
be a sufficient giving of such notice.
Where this Indenture provides for notice to the Rating Agencies,
failure to give such notice shall not affect any other rights or obligations
created hereunder, and shall not under any circumstance constitute an Event of
Default.
Section 10.06. Alternate Payment and Notice Provisions. Notwithstanding
any provision of this Indenture or any of the Notes to the contrary, the Issuer
may enter into any agreement with any Holder of a Note providing for a method of
payment, or notice by the Indenture Trustee to such Holder, that is different
from the methods provided for in this Indenture for such payments or notices.
The Issuer shall furnish to the Indenture Trustee a copy of each such agreement
and the Indenture Trustee shall cause payments to be made and notices to be
given in accordance with such agreements.
Section 10.07. Conflict with Trust Indenture Act. If any provision
hereof limits, qualifies or conflicts with another provision hereof that is
required to be included in this Indenture by any of the provisions of the Trust
Indenture Act, such required provision shall control.
The provisions of TIA ss.ss. 310 through 317 that impose duties on any
Person (including the provisions automatically deemed included herein unless
expressly excluded by this Indenture) are a part of and govern this Indenture,
whether or not physically contained herein.
Section 10.08. Effect of Headings. The Article and Section headings herein
are for convenience only and shall not affect the construction hereof.
Section 10.09. Successors and Assigns. All covenants and agreements in
this Indenture and the Notes by the Issuer shall bind its successors and
assigns, whether so expressed or not. All agreements of the Indenture Trustee in
this Indenture shall bind its successors, co-trustees and agents.
Section 10.10. Separability. In case any provision in this Indenture or
in the Notes shall be invalid, illegal or unenforceable, the validity, legality,
and enforceability of the remaining provisions shall not in any way be affected
or impaired thereby.
Section 10.11. Benefits of Indenture. Nothing in this Indenture or in
the Notes, express or implied, shall give to any Person, other than the parties
hereto and their successors hereunder, and the Noteholders, the Credit Enhancer,
and any other party secured hereunder,
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and any other Person with an ownership interest in any part of the Trust Estate,
any benefit or any legal or equitable right, remedy or claim under this
Indenture.
Section 10.12. Legal Holidays. In any case where the date on which any
payment is due shall not be a Business Day, then (notwithstanding any other
provision of the Notes or this Indenture) payment need not be made on such date,
but may be made on the next succeeding Business Day with the same force and
effect as if made on the date on which nominally due, and no interest shall
accrue for the period from and after any such nominal date.
Section 10.13. GOVERNING LAW. THIS INDENTURE SHALL BE
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK,
WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE
OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE
DETERMINED IN ACCORDANCE WITH SUCH LAWS.
Section 10.14. Counterparts. This Indenture may be executed in any number
of counterparts, each of which so executed shall be deemed to be an original,
but all such counterparts shall together constitute but one and the same
instrument.
Section 10.15. Recording of Indenture. If this Indenture is subject to
recording in any appropriate public recording offices, such recording is to be
effected by the Issuer and at its expense accompanied by an Opinion of Counsel
(which may be counsel to the Indenture Trustee or any other counsel reasonably
acceptable to the Indenture Trustee) to the effect that such recording is
necessary either for the protection of the Noteholders or any other Person
secured hereunder or for the enforcement of any right or remedy granted to the
Indenture Trustee under this Indenture.
Section 10.16. Issuer Obligation. No recourse may be taken, directly or
indirectly, with respect to the obligations of the Issuer, the Owner Trustee or
the Indenture Trustee on the Notes or under this Indenture or any certificate or
other writing delivered in connection herewith or therewith, against (i) the
Indenture Trustee or the Owner Trustee in its individual capacity, (ii) any
owner of a beneficial interest in the Issuer or (iii) any partner, owner,
beneficiary, agent, officer, director, employee or agent of the Indenture
Trustee or the Owner Trustee in its individual capacity, any holder of a
beneficial interest in the Issuer, the Owner Trustee or the Indenture Trustee or
of any successor or assign of the Indenture Trustee or the Owner Trustee in its
individual capacity, except as any such Person may have expressly agreed (it
being understood that the Indenture Trustee and the Owner Trustee have no such
obligations in their individual capacity) and except that any such partner,
owner or beneficiary shall be fully liable, to the extent provided by applicable
law, for any unpaid consideration for stock, unpaid capital contribution or
failure to pay any installment or call owing to such entity. For all purposes of
this Indenture, in the performance of any duties or obligations of the Issuer
hereunder, the Owner Trustee shall be subject to, and entitled to the benefits
of, the terms and provisions of Article VI, VII and VIII of the Trust Agreement.
Section 10.17. No Petition. The Indenture Trustee, by entering into
this Indenture, and each Noteholder, by accepting a Note, hereby covenant and
agree that they will not at any time institute against the Depositor or the
Issuer, or join in any institution against the Depositor
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or the Issuer of, any bankruptcy, reorganization, arrangement, insolvency or
liquidation proceedings, or other proceedings under any United States federal or
state bankruptcy or similar law in connection with any obligations relating to
the Notes, this Indenture or any of the Basic Documents.
Section 10.18. Inspection. The Issuer agrees that, on reasonable prior
notice, it shall permit any representative of the Indenture Trustee, during the
Issuer's normal business hours, to examine all the books of account, records,
reports and other papers of the Issuer, to make copies and extracts therefrom,
to cause such books to be audited by Independent certified public accountants,
and to discuss the Issuer's affairs, finances and accounts with the Issuer's
officers, employees, and Independent certified public accountants, all at such
reasonable times and as often as may be reasonably requested. The Indenture
Trustee shall and shall cause its representatives to hold in confidence all such
information except to the extent disclosure may be required by law (and all
reasonable applications for confidential treatment are unavailing) and except to
the extent that the Indenture Trustee may reasonably determine that such
disclosure is consistent with its obligations hereunder.
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IN WITNESS WHEREOF, the Issuer and the Indenture Trustee have caused
their names to be signed hereto by their respective officers thereunto duly
authorized, all as of the day and year first above written.
HOME EQUITY LOAN TRUST 1997-GMACM4,
as Issuer
Wilmington Trust Company
not in its individual capacity
but solely as Owner Trustee
By:
Name:
Title:
THE CHASE MANHATTAN BANK,
as Indenture Trustee
By:
Name: Regina Bishop
Title: Vice President
THE CHASE MANHATTAN BANK
hereby accepts the appointment as
Paying Agent pursuant to Section 3.03
hereof and as Note Registrar pursuant to
Section 4.02 hereof.
By:
Name: Regina Bishop
Title: Vice President
<PAGE>
STATE OF DELAWARE )
) ss.:
COUNTY OF NEW CASTLE )
On this ___th day of August 1997, before me personally appeared , to me known,
who being by me duly sworn, did depose and say, that he resides at 106 W. -
Sutton Pla. Wilmington, DE, that he is the of the Owner Trustee, one of the
corporations described in and which executed the above instrument; that he knows
the seal of said corporation; that the seal affixed to said instrument is such
corporate seal; that it was so affixed by order of the Board of Directors of
said corporation; and that he signed his name thereto by like order.
Notary Public
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<PAGE>
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this ___th day of August, 1997, before me personally appeared Regina
Bishop, to me known, who being by me duly sworn, did depose and say, that he
resides at 450 West 33rd Street, 10th Floor, New York, NY, that she is the Vice
President of The Chase Manhattan Bank, as Indenture Trustee, one of the
corporations described in and which executed the above instrument; that she
knows the seal of said corporation; that the seal affixed to said instrument is
such corporate seal; that it was so affixed by order of the Board of Directors
of said corporation; and that he signed his name thereto by like order.
Notary Public
NOTORIAL SEAL
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<PAGE>
Exhibit A-1
Exhibit A-1
FORM OF TERM NOTES
UNLESS THIS TERM NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY TERM NOTE
ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
THE PRINCIPAL OF THIS TERM NOTE IS PAYABLE IN INSTALLMENTS
AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING PRINCIPAL AMOUNT
OF THIS TERM NOTE AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ON
THE FACE HEREOF.
THIS TERM NOTE DOES NOT REPRESENT AN INTEREST IN OR
OBLIGATION OF THE DESIGNATED SELLER, THE DEPOSITOR, THE MASTER
SERVICER, THE INDENTURE TRUSTEE, THE OWNER TRUSTEE OR GMAC
MORTGAGE GROUP, INC. OR ANY OF THEIR RESPECTIVE AFFILIATES, EXCEPT AS
EXPRESSLY PROVIDED IN THE INDENTURE OR THE BASIC DOCUMENTS.
HOME EQUITY LOAN TRUST 1997-GMACM4
Home Equity Loan-Backed Term Note
Registered Principal Amount: $194,000,000.00
No. 1 Note Rate: Floating
CUSIP NO.____________
Home Equity Loan Trust 1997-GMACM4, a business trust duly
organized and existing under the laws of the State of Delaware (herein referred
to as the "Issuer"), for value received, hereby promises to pay to Cede & Co. or
registered assigns, the principal sum of $194,000,000.00 payable on each Payment
Date in an amount equal to the Percentage Interest specified above of the
aggregate amount, if any, payable from the Payment Account in respect of
principal on the Term Notes pursuant to Section 3.05 of the Indenture dated as
of August 28, 1997 (the "Indenture") between the Issuer, as Issuer, and The
Chase Manhattan Bank, as Indenture Trustee (the "Indenture Trustee"); provided,
however, that the entire unpaid principal amount of this Term Note shall be due
and payable on the Payment Date in November 2011,
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to the extent not previously paid on a prior Payment Date. Capitalized terms
used but not defined herein are defined in Appendix A of the Indenture.
Interest on the Term Notes will be paid monthly on each
Payment Date at the Note Rate for the related Interest Period subject to
limitations which may result in Interest Shortfalls (as further described in the
Indenture). The Note Rate for each Interest Period will be a floating rate equal
to the lesser of (i) the sum of (a) LIBOR plus 0.18% per annum (or, on any
Payment Date when the aggregate Principal Balance of the Revolving Credit Loans
as of the last day during the related Collection Period is less than 10% of the
aggregate Cut-off Date Balance, LIBOR plus 0.36%) and (ii) the Maximum Net Loan
Rate. LIBOR for each applicable Interest Period will be determined on the second
LIBOR Business Day immediately preceding (i) the Closing Date in the case of the
first Interest Period and (ii) the first day of each succeeding Interest Period
by the Indenture Trustee as set forth in the Indenture. All determinations of
LIBOR by the Indenture Trustee shall, in the absence of manifest error, be
conclusive for all purposes, and each holder of this Term Note, by accepting
this Term Note, agrees to be bound by such determination. Interest on this Term
Note will accrue for each Payment Date from the most recent Payment Date on
which interest has been paid (in the case of the first Payment Date, from the
Closing Date) to but excluding such Payment Date. Interest will be computed on
the basis of the actual number of days in each Interest Period and a year
assumed to consist of 360 days. Principal of and interest on this Term Note
shall be paid in the manner specified on the reverse hereof.
Principal of and interest on this Term Note are payable in
such coin or currency of the United States of America as at the time of payment
is legal tender for payment of public and private debts. All payments made by
the Issuer with respect to this Term Note shall be applied first to interest due
and payable on this Term Note as provided above and then to the unpaid principal
of this Term Note.
Reference is made to the further provisions of this Term Note
set forth on the reverse hereof, which shall have the same effect as though
fully set forth on the face of this Term Note.
Unless the certificate of authentication hereon has been
executed by the Indenture Trustee whose name appears below by manual signature,
this Term Note shall not be entitled to any benefit under the Indenture referred
to on the reverse hereof, or be valid or obligatory for any purpose.
This Term Note is one of a duly authorized issue of Term Notes
of the Issuer, designated as its Home Equity Loan-Backed Term Notes (herein
called the "Term Notes"), all issued under the Indenture, to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of
the respective rights and obligations thereunder of the Issuer, the Indenture
Trustee and the holders of the Term Notes. The Term Notes are subject to all
terms of the Indenture.
The Term Notes and the Variable Funding Notes (collectively,
the "Notes") are and will be equally and ratably secured by the collateral
pledged as security therefor as provided in the Indenture.
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This Term Note is entitled to the benefits of an irrevocable
and unconditional financial guaranty insurance policy issued by Ambac Assurance
Corporation.
Principal of and interest on this Term Note will be payable on
each Payment Date, commencing on September 22, 1997 as described in the
Indenture. "Payment Date" means the twentieth day of each month, or, if any such
date is not a Business Day, then the next Business Day.
The entire unpaid principal amount of this Term Note shall be
due and payable in full on the Payment Date in November 2011 pursuant to the
Indenture, to the extent not previously paid on a prior Payment Date.
Notwithstanding the foregoing, if an Event of Default shall have occurred and be
continuing, then the Indenture Trustee or the holders of Notes representing not
less than a majority of the Security Balances of all Notes with the consent of
the Credit Enhancer, or the Credit Enhancer may declare the Notes to be
immediately due and payable in the manner provided in Section 5.02 of the
Indenture. All principal payments on the Term Notes shall be made pro rata to
the holders of Term Notes entitled thereto.
Payments of interest on this Term Note due and payable on each
Payment Date, together with the installment of principal, if any, to the extent
not in full payment of this Term Note, shall be made by check mailed to the
Person whose name appears as the Registered Holder of this Term Note (or one or
more Predecessor Notes) on the Note Register as of the close of business on each
Record Date, except that with respect to Term Notes registered on the Record
Date in the name of the nominee of the Depository Agency (initially, such
nominee to be Cede & Co.), payments will be made by wire transfer in immediately
available funds to the account designated by such nominee. Such checks shall be
mailed to the Person entitled thereto at the address of such Person as it
appears on the Note Register as of the applicable Record Date without requiring
that this Term Note be submitted for notation of payment. Any reduction in the
principal amount of this Term Note (or any one or more Predecessor Term Notes)
effected by any payments made on any Payment Date shall be binding upon all
future holders of this Term Note and of any Term Note issued upon the
registration of transfer hereof or in exchange hereof or in lieu hereof, whether
or not noted hereon. If funds are expected to be available, as provided in the
Indenture, for payment in full of the then remaining unpaid principal amount of
this Term Note on a Payment Date, then the Indenture Trustee, in the name of and
on behalf of the Issuer, will notify the Person who was the Registered Holder
hereof as of the Record Date preceding such Payment Date by notice mailed or
transmitted by facsimile prior to such Payment Date, and the amount then due and
payable shall be payable only upon presentation and surrender of this Term Note
at the address specified in such notice of final payment.
As provided in the Indenture and subject to certain
limitations set forth therein, the transfer of this Term Note may be registered
on the Note Register upon surrender of this Term Note for registration of
transfer at the Corporate Trust Office, duly endorsed by, or accompanied by a
written instrument of transfer in form satisfactory to the Indenture Trustee
duly executed by, the holder hereof or such holder's attorney duly authorized in
writing, with such signature guaranteed by an "eligible guarantor institution"
meeting the requirements of the Note Registrar, which requirements include
membership or participation in the Securities Transfer Agent's Medallion Program
("STAMP") or such other "signature guarantee program" as may be determined by
the Note Registrar in addition to, or in substitution for, STAMP, all
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<PAGE>
in accordance with the Securities Exchange Act of 1934, as amended, and
thereupon one or more new Term Notes in authorized denominations and in the same
aggregate principal amount will be issued to the designated transferee or
transferees. No service charge will be charged for any registration of transfer
or exchange of this Term Note, but the Note Registrar shall require payment of a
sum sufficient to cover any tax or governmental charge that may be imposed in
connection with any registration of transfer or exchange of this Term Note.
Each holder or Beneficial Owner of a Term Note, by acceptance
of a Term Note, or, in the case of a Beneficial Owner of a Term Note, a
beneficial interest in a Term Note, covenants and agrees that no recourse may be
taken, directly or indirectly, with respect to the obligations of the Issuer,
the Owner Trustee, the Designated Seller, the Master Servicer, the Depositor or
the Indenture Trustee on the Term Notes or under the Indenture or any
certificate or other writing delivered in connection therewith, against (i) the
Indenture Trustee or the Owner Trustee in its individual capacity, (ii) any
owner of a beneficial interest in the Issuer or (iii) any partner, owner,
beneficiary, agent, officer, director or employee of the Indenture Trustee or
the Owner Trustee in its individual capacity, any holder of a beneficial
interest in the Issuer, the Owner Trustee or the Indenture Trustee or of any
successor or assign of the Indenture Trustee or the Owner Trustee in its
individual capacity, except as any such Person may have expressly agreed and
except that any such partner, owner or beneficiary shall be fully liable, to the
extent provided by applicable law for any unpaid consideration for stock, unpaid
capital contribution or failure to pay any installment or call owing to such
entity.
Each holder or Beneficial Owner of a Term Note, by acceptance
of a Term Note or, in the case of a Beneficial Owner of a Term Note, a
beneficial interest in a Term Note, covenants and agrees by accepting the
benefits of the Indenture that such holder or Beneficial Owner of a Term Note
will not at any time institute against the Depositor, the Designated Seller, the
Master Servicer, GMAC Mortgage Group, Inc. or the Issuer, or join in any
institution against the Depositor, the Designated Seller, the Master Servicer,
GMAC Mortgage Group, Inc. or the Issuer of, any bankruptcy, reorganization,
arrangement, insolvency or liquidation proceedings under any United States
federal or state bankruptcy or similar law in connection with any obligations
relating to the Term Notes, the Indenture or the Basic Documents.
The Issuer has entered into the Indenture and this Term Note
is issued with the intention that, for federal, state and local income, single
business and franchise tax purposes, the Term Notes will qualify as indebtedness
of the Issuer. Each holder of a Term Note, by acceptance of a Term Note (and
each Beneficial Owner of a Term Note by acceptance of a beneficial interest in a
Term Note), agrees to treat the Term Notes for federal, state and local income,
single business and franchise tax purposes as indebtedness of the Issuer.
Prior to the due presentment for registration of transfer of
this Term Note, the Issuer, the Indenture Trustee and any agent of the Issuer or
the Indenture Trustee may treat the Person in whose name this Term Note is
registered (as of the day of determination or as of such other date as may be
specified in the Indenture) as the owner hereof for all purposes, whether or not
this Term Note be overdue, and none of the Issuer, the Indenture Trustee or any
such agent shall be affected by notice to the contrary.
[TPW: NY01:0601292.02] 16069-00406 08/26/97 12:42PM
4
<PAGE>
The Indenture permits, with certain exceptions as therein
provided, the amendment thereof and the modification of the rights and
obligations of the Issuer and the Indenture Trustee and the rights of the
holders of the Term Notes under the Indenture at any time by the Issuer and the
Indenture Trustee with the consent of the holders of Notes representing a
majority of the Security Balances of all Notes at the time Outstanding and the
Credit Enhancer and with prior notice to the Rating Agencies. The Indenture also
contains provisions permitting the holders of Notes representing specified
percentages of the Security Balances of all Notes, on behalf of the holders of
all the Notes, to waive compliance by the Issuer with certain provisions of the
Indenture and certain past defaults under the Indenture and their consequences.
Any such consent or waiver by the holder of this Term Note (or any one of more
Predecessor Term Notes) shall be conclusive and binding upon such holder and
upon all future holders of this Term Note and of any Term Note issued upon the
registration of transfer hereof or in exchange hereof or in lieu hereof whether
or not notation of such consent or waiver is made upon this Term Note. The
Indenture also permits the Issuer and the Indenture Trustee to amend or waive
certain terms and conditions set forth in the Indenture without the consent of
holders of the Term Notes issued thereunder but with prior notice to the Rating
Agencies and the Credit Enhancer.
The term "Issuer" as used in this Term Note includes any
successor or the Issuer under the Indenture.
The Issuer is permitted by the Indenture, under certain
circumstances, to merge or consolidate, subject to the rights of the Indenture
Trustee and the holders of Term Notes under the Indenture.
The Term Notes are issuable only in registered form in
denominations as provided in the Indenture, subject to certain limitations
therein set forth.
This Term Note and the Indenture shall be construed in
accordance with the laws of the State of New York, without reference to its
conflict of law provisions and the obligations, rights and remedies of the
parties hereunder and thereunder shall be determined in accordance with such
laws.
No reference herein to the Indenture and no provision of this
Term Note or of the Indenture shall alter or impair, the obligation of the
Issuer, which is absolute and unconditional, to pay the principal of and
interest on this Term Note at the times, place and rate, and in the coin or
currency herein prescribed.
Anything herein to the contrary notwithstanding, except as
expressly provided in the Basic Documents, none of Wilmington Trust Company in
its individual capacity, The Chase Manhattan Bank in its individual capacity,
any owner of a beneficial interest in the Issuer, or any of their respective
partners, beneficiaries, agents, officers, directors, employees or successors or
assigns shall be personally liable for, nor shall recourse be had to any of them
for, the payment of principal of or interest on this Term Note or performance
of, or omission to perform, any of the covenants, obligations or
indemnifications contained in the Indenture. The holder of this Term Note by its
acceptance hereof agrees that, except as expressly provided in the Basic
Documents, in the case of an Event of Default under the Indenture, the holder
shall have no claim against any of the foregoing for any deficiency, loss or
claim therefrom; provided,
[TPW: NY01:0601292.02] 16069-00406 08/26/97 12:42PM
5
<PAGE>
however, that nothing contained herein shall be taken to prevent recourse to,
and enforcement against, the assets of the Issuer for any and all liabilities,
obligations and undertakings contained in the Indenture or in this Term Note.
[TPW: NY01:0601292.02] 16069-00406 08/26/97 12:42PM
6
<PAGE>
IN WITNESS WHEREOF, the Owner Trustee, on behalf of the Issuer
and not in its individual capacity, has caused this Term Note to be duly
executed.
HOME EQUITY LOAN TRUST 1997-GMACM4
By WILMINGTON TRUST COMPANY, not in
its individual capacity but solely as Owner
Trustee
Dated: August 28, 1997
By
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Term Notes referred to in the within mentioned Indenture.
THE CHASE MANHATTAN BANK, not
in its individual capacity but solely as
Indenture Trustee
Dated: August 28, 1997
By
Authorized Signatory
<PAGE>
ASSIGNMENT
Social Security or taxpayer I.D. or other identifying number of
assignee:__________________________________________________________
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfer unto
==============================================================================
(name and address of assignee) the within Term Note and all rights thereunder,
and hereby irrevocably constitutes and appoints
- ------------------------------------------------------------------------------
___________________________, attorney, to transfer said Term Note on the books
kept for registration thereof, with full power of substitution in the premises.
Dated: */
Signature Guaranteed:
*/
- --------
* NOTICE: The signature to this assignment must correspond with the name of
the -------- registered owner as it appears on the face of the within Term
Note in every particular, without alteration, enlargement or any change
whatever. Such signature must be guaranteed by an "eligible guarantor
institution" meeting the requirements of the Note Registrar, which
requirements include membership or participation in STAMP or such other
"signature guarantee program" as may be determined by the Note Registrar in
addition to, or in substitution for, STAMP, all in accordance with the
Securities Exchange Act of 1934, as amended.
<PAGE>
Exhibit A-2
FORM OF VARIABLE FUNDING NOTES
THIS VARIABLE FUNDING NOTE HAS NOT BEEN AND WILL NOT BE
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS
OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED
PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS WHICH
ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND
IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 4.02 OF THE
INDENTURE REFERRED TO HEREIN.
THE PRINCIPAL OF THIS VARIABLE FUNDING NOTE IS PAYABLE IN
INSTALLMENTS AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING
PRINCIPAL AMOUNT OF THIS VARIABLE FUNDING NOTE AT ANY TIME MAY BE
LESS THAN THE AMOUNT SHOWN ON THE FACE HEREOF.
THIS VARIABLE FUNDING NOTE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SELLER, THE DEPOSITOR, THE MASTER
SERVICER, THE INDENTURE TRUSTEE, THE OWNER TRUSTEE OR GMAC
MORTGAGE GROUP, INC. OR ANY OF THEIR RESPECTIVE AFFILIATES, EXCEPT
AS EXPRESSLY PROVIDED IN THE INDENTURE OR THE BASIC DOCUMENTS.
HOME EQUITY LOAN TRUST 1997-GMACM4
Home Equity Loan-Backed Variable Funding Note
Registered Initial Maximum Variable
Funding Note Balance: $____________
VFN-1 Note Rate: Floating
Home Equity Loan Trust 1997-GMACM4, a business trust duly
organized and existing under the laws of the State of Delaware (herein referred
to as the "Issuer"), for value received, hereby promises to pay
to________________ or registered assigns, the principal amount set forth on
Schedule A attached hereto (or otherwise owing hereunder as determined pursuant
to the Indenture as defined below), payable on each Payment Date in an amount
equal to the pro rata portion allocable hereto (based on the Security Balances
of all Variable Funding Notes immediately prior to such Payment Date) of the
aggregate amount, if any, payable from the Payment Account in respect of
principal on the Variable Funding Notes pursuant to Section 3.05 of the
Indenture dated as of August 28, 1997 (the "Indenture") between the Issuer, as
Issuer, and The Chase Manhattan Bank, as Indenture Trustee (the "Indenture
Trustee"); provided, however, that the entire unpaid principal amount of this
Variable Funding Note shall be due and payable on the Payment Date in November
2011, to the extent not previously paid
9
<PAGE>
on a prior Payment Date. Capitalized terms used but not defined herein are
defined in Appendix A of the Indenture.
Interest on this Variable Funding Note will be paid monthly on
each Payment Date at the Note Rate for the related Interest Period subject to
limitations which may result in Interest Shortfalls (as further described in the
Indenture). The Note Rate for each Interest Period will be a floating rate equal
to the lesser of (i) the sum of (a) LIBOR plus 0.18% per annum (or, on any
Payment Date when the aggregate Principal Balance of the Revolving Credit Loans
as of the last day during the related Collection Period is less than 10% of the
aggregate Cut-off Date Balance, LIBOR plus 0.36%) and (ii) the Maximum Net Loan
Rate. All determinations of LIBOR by the Indenture Trustee shall, in the absence
of manifest error, be conclusive for all purposes, and each holder of this
Variable Funding Note, by accepting this Variable Funding Note, agrees to be
bound by such determination. Interest on this Variable Funding Note will accrue
for each Payment Date from the most recent Payment Date on which interest has
been paid (in the case of the First Payment Date, from the Closing Date) to but
excluding such Payment Date. Interest will be computed on the basis of the
actual number of days in each Interest Period and a year assumed to consist of
360 days. Principal of and interest on this Variable Funding Note shall be paid
in the manner specified on the reverse hereof.
Principal of and interest on this Variable Funding Note are
payable in such coin or currency of the United States of America as at the time
of payment is legal tender for payment of public and private debts. All payments
made by the Issuer with respect to this Variable Funding Note shall be applied
first to interest due and payable on this Variable Funding Note as provided
above and then to the unpaid principal of this Variable Funding Note.
Reference is made to the further provisions of this Variable
Funding Note set forth on the reverse hereof, which shall have the same effect
as though fully set forth on the face of this Variable Funding Note.
Unless the certificate of authentication hereon has been
executed by the Indenture Trustee whose name appears below by manual signature,
this Variable Funding Note shall not be entitled to any benefit under the
Indenture referred to on the reverse hereof, or be valid or obligatory for any
purpose.
This Variable Funding Note is one of a duly authorized issue
of Variable Funding Notes of the Issuer, designated as its Home Equity
Loan-Backed Variable Funding Notes (herein called the "Variable Funding Notes"),
all issued under the Indenture, to which Indenture and all indentures
supplemental thereto reference is hereby made for a statement of the respective
rights and obligations thereunder of the Issuer, the Indenture Trustee and the
holders of the Variable Funding Notes. The Variable Funding Notes are subject to
all terms of the Indenture.
The Variable Funding Notes and the Term Notes (collectively,
the "Notes") are and will be equally and ratably secured by the collateral
pledged as security therefor as provided in the Indenture.
This Variable Funding Note is entitled to the benefits of an
irrevocable and unconditional financial guaranty insurance policy issued by
Ambac Assurance Corporation.
10
<PAGE>
Principal of and interest on this Variable Funding Note will
be payable on each Payment Date, commencing on September 22, 1997, as described
in the Indenture. "Payment Date" means the twentieth day of each month, or, if
any such day is not a Business Day, then the next Business Day.
The entire unpaid principal amount of this Variable Funding
Note shall be due and payable in full on the Payment Date in November 2011
pursuant to the Indenture, to the extent not previously paid on a prior Payment
Date. Notwithstanding the foregoing, if an Event of Default shall have occurred
and be continuing, then the Indenture Trustee or the holders of Notes
representing not less than a majority of the Security Balances of all Notes with
the consent of the Credit Enhancer, or the Credit Enhancer may declare the Notes
to be immediately due and payable in the manner provided in Section 5.02 of the
Indenture. All principal payments on the Variable Funding Notes shall be made
pro rata to the holders of Variable Funding Notes entitle thereto.
Payments of interest on this Variable Funding Note due and
payable on each Payment Date, together with the installment of principal, if
any, to the extent not in full payment of this Variable Funding Note, shall be
made by check mailed to the Person whose name appears as the Registered Holder
of this Variable Funding Note (or one or more Predecessor Notes) on the Note
Register as of the close of business on each Record Date. Any reduction in the
principal amount of this Variable Funding Note (or any one or more Predecessor
Variable Funding Notes) effected by any payments made on any Payment Date shall
be binding upon all future holders of this Variable Funding Note and of any
Variable Funding Note issued upon the registration of transfer hereof or in
exchange hereof or in lieu hereof, whether or not noted hereon. If funds are
expected to be available, as provided in the Indenture, for payment in full of
the then remaining unpaid principal amount of this Variable Funding Note on a
Payment Date, then the Indenture Trustee, in the name of and on behalf of the
Issuer, will notify the Person who was the Registered Holder hereof as of the
Record Date preceding such Payment Date by notice mailed or transmitted by
facsimile prior to such Payment Date and the amount then due and payable shall
be payable only upon presentation and surrender of this Variable Funding Note at
the address specified in such notice of final payment.
As provided in the Indenture and subject to certain
limitations set forth therein, the transfer of this Variable Funding Note may be
registered on the Note Register upon surrender of this Variable Funding Note for
registration of transfer at the Corporate Trust Office, duly endorsed by, and
accompanied by a written instrument of transfer in form satisfactory to the
Indenture Trustee duly executed by, the holder hereof or such holder's attorney
duly authorized in writing, with such signature guaranteed by an "eligible
guarantor institution" meeting the requirements of the Note Registrar, which
requirements include membership or participation in the Securities Transfer
Agent's Medallion Program ("STAMP") or such other "signature guarantee program"
as may be determined by the Note Registrar in addition to or in substitution
for, STAMP, all in accordance with the Securities Exchange Act of 1934, as
amended, and thereupon one or more new Variable Funding Notes in authorized
denominations and in the same aggregate principal amount will be issued to the
designated transferee or transferees. No service charge will be charged for any
registration of transfer or exchange of this Variable Funding Note, but the Note
Registrar shall require payment of a sum
11
<PAGE>
sufficient to cover any tax or governmental charge that may be imposed in
connection with any registration of transfer or exchange of this Variable
Funding Note.
Each holder or Beneficial Owner of a Variable Funding Note, by
acceptance of a Variable Funding Note or, in the case of a Beneficial Owner of a
Variable Funding Note, a beneficial interest in a Variable Funding Note,
covenants and agrees that no recourse may be taken, directly or indirectly, with
respect to the obligations of the Issuer, the Owner Trustee, the Designated
Seller, the Master Servicer, the Depositor or the Indenture Trustee on the
Variable Funding Notes or under the Indenture or any certificate or other
writing delivered in connection therewith, against (i) the Indenture Trustee or
the Owner Trustee in its individual capacity, (ii) any owner of a beneficial
interest in the Issuer or (iii) any partner, owner, beneficiary, agent, officer,
director or employee of the Indenture Trustee or the Owner Trustee in its
individual capacity, any holder of a beneficial interest in the Issuer, the
Owner Trustee or the Indenture Trustee or of any successor or assign of the
Indenture Trustee or the Owner Trustee in its individual capacity, except as any
such Person may have expressly agreed and except that any such partner, owner or
beneficiary shall be fully liable, to the extent provided by applicable law, for
any unpaid consideration for stock, unpaid capital contribution or failure to
pay any installment or call owing to such entity.
Each holder or Beneficial Owner of a Variable Funding Note, by
acceptance of a Variable Funding Note or, in the case of a Beneficial Owner of a
Variable Funding Note, a beneficial interest in a Variable Funding Note,
covenants and agrees by accepting the benefits of the Indenture that such holder
or Beneficial Owner of a Variable Funding Note will not at any time institute
against the Depositor, the Designated Seller, the Master Servicer, GMAC Mortgage
Group, Inc. or the Issuer, or join in any institution against the Depositor, the
Designated Seller, the Master Servicer, GMAC Mortgage Group, Inc. or the Issuer
of, any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings under any United States federal or state bankruptcy or similar law
in connection with any obligations relating to the Variable Funding Notes, the
Indenture or the Basic Documents.
The Issuer has entered into the Indenture and this Variable
Funding Note is issued with the intention that, for federal, state and local
income, single business and franchise tax purposes, the Variable Funding Notes
will qualify as indebtedness of the Issuer. Each holder of a Variable Funding
Note, by acceptance of a Variable Funding Note (and each Beneficial Owner of a
Variable Funding Note, by acceptance of a beneficial interest in a Variable
Funding Note), agrees to treat the Variable Funding Notes for federal, state and
local income, single business and franchise tax purposes as indebtedness of the
Issuer.
Prior to the due presentment for registration of transfer of
this Variable Funding Note, the Issuer, the Indenture Trustee and any agent of
the Issuer or the Indenture Trustee may treat the Person in whose name this
Variable Funding Note (as of the day of determination or as of such other date
as may be specified in the Indenture) is registered as the owner hereof for all
purposes, whether or not this Variable Funding Note be overdue, and none of the
Issuer, the Indenture Trustee or any such agent shall be affected by notice to
the contrary.
The Indenture permits, with certain exceptions as therein
provided, the amendment thereof and the modification of the rights and
obligations of the Issuer and the Indenture Trustee
12
<PAGE>
and the rights of the holders of the Variable Funding Notes under the Indenture
at any time by the Issuer and the Indenture Trustee with the consent of the
holders of Notes representing a majority of the Security Balances of all Notes
at the time Outstanding and the Credit Enhancer and with prior notice to the
Rating Agencies. The Indenture also contains provisions permitting the holders
of Notes representing specified percentages of the Security Balances of all
Notes, on behalf of the holders of all the Notes, to waive compliance by the
Issuer with certain provisions of the Indenture and certain past defaults under
the Indenture and their consequences. Any such consent or waiver by the holder
of this Variable Funding Note (or any one of more Predecessor Variable Funding
Notes) shall be conclusive and binding upon such holder and upon all future
holders of this Variable Funding Note and of any Variable Funding Note issued
upon the registration of transfer hereof or in exchange hereof or in lieu hereof
whether or not notation of such consent or waiver is made upon this Variable
Funding Note. The Indenture also permits the Indenture Trustee to amend or waive
certain terms and conditions set forth in the Indenture without the consent of
holders of the Variable Funding Notes issued thereunder but with prior notice to
the Rating Agencies and the Credit Enhancer.
The term "Issuer" as used in this Variable Funding Note
includes any successor to the Issuer under the Indenture.
The Issuer is permitted by the Indenture, under certain
circumstances, to merge or consolidate, subject to the rights of the Indenture
Trustee and the holders of Variable Funding Notes under the Indenture.
The Variable Funding Notes are issuable only in registered
form in denominations as provided in the Indenture, subject to certain
limitations therein set forth.
This Variable Funding Note and the Indenture shall be
construed in accordance with the laws of the State of New York, without
reference to its conflict of law provisions, and the obligations, rights and
remedies of the parties hereunder and thereunder shall be determined in
accordance with such laws.
No reference herein to the Indenture and no provision of this
Variable Funding Note or of the Indenture shall alter or impair the obligation
of the Issuer, which is absolute and unconditional, to pay the principal of and
interest on this Variable Funding Note at the times, place and rate, and in the
coin or currency herein prescribed.
Anything herein to the contrary notwithstanding, except as
expressly provided in the Basic Documents, none of Wilmington Trust Company in
its individual capacity, The Chase Manhattan Bank in its individual capacity,
any owner of a beneficial interest in the Issuer, or any of their respective
partners, beneficiaries, agents, officers, directors, employees or successors or
assigns shall be personally liable for, nor shall recourse be had to any of them
for, the payment of principal of or interest on this Variable Funding Note or
performance of, or omission to perform, any of the covenants, obligations or
indemnifications contained in the Indenture. The holder of this Variable Funding
Note by its acceptance hereof agrees that, except as expressly provided in the
Basic Documents, in the case of an Event of Default under the Indenture, the
holder shall have no claim against any of the foregoing for any deficiency, los
or claim therefrom; provided, however, that nothing contained herein shall be
taken to prevent
13
<PAGE>
recourse to, and enforcement against, the assets of the Issuer for any and all
liabilities, obligations and undertakings contained in the Indenture or in this
Variable Funding Note.
14
<PAGE>
IN WITNESS WHEREOF, the Owner Trustee, on behalf of the Issuer and not in its
individual capacity, has caused this Variable Funding Note to be duly executed.
HOME EQUITY LOAN TRUST 1997-GMACM4
By WILMINGTON TRUST COMPANY, not in
its individual capacity but solely as Owner
Trustee
Dated: August 28, 1997
By
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Term Notes referred to in the within mentioned Indenture.
THE CHASE MANHATTAN BANK, not
in its individual capacity but solely as
Indenture Trustee
Dated: August 28, 1997
By
Authorized Signatory
<PAGE>
ASSIGNMENT
Social Security or taxpayer I.D. or other identifying number of assignee:
______________ ---------------------------------------------------------- FOR
VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto__________________________________________________________________________
- ------------------------------------------------------------------------------
(name and address of assignee) the within Variable Funding Note and all rights
thereunder, and hereby irrevocably constitutes and
appoints_______________________________________________________, attorney, to
transfer said Variable Funding Note on the books kept for registration thereof,
with full power of substitution in the premises.
Dated: */
Signature Guaranteed:
//
- -------- / NOTICE: The signature to this assignment must correspond with the
name of the -------- registered owner as it appears on the face of the within
Variable Funding Note in every particular, without alteration, enlargement or
any change whatever. Such signature must be guaranteed by an "eligible guarantor
institution" meeting the requirements of the Note Registrar, which requirements
include membership or participation in STAMP or such other "signature guarantee
program" as may be determined by the Note Registrar in addition to, or in
substitution for, STAMP, all in accordance with the Securities Exchange Act of
1934, as amended. 16
<PAGE>
SCHEDULE A
to
HOME EQUITY LOAN TRUST 1997-GMACM4
Home Equity Loan-Backed Variable Funding Note
==============================================================================
Date Percentage Interest Principal Security Balance Authorized Signature
Payment Outstanding of Indenture Trustee
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
- ------------------------------------------------------------------------------
17
<PAGE>
Exhibit B
[FORM OF RULE 144A INVESTMENT REPRESENTATION]
Description of Rule 144A Securities, including
numbers:
The undersigned seller, as registered holder (the "Seller"),
intends to transfer the Rule 144A Securities described above to the undersigned
buyer (the "Buyer").
1. In connection with such transfer and in accordance with the
agreements pursuant to which the Rule 144A Securities were issued, the Seller
hereby certifies the following facts: Neither the Seller nor anyone acting on
its behalf has offered, transferred, pledged, sold or otherwise disposed of the
Rule 144A Securities, any interest in the Rule 144A Securities or any other
similar security to, or solicited any offer to buy or accept a transfer, pledge
or other disposition of the Rule 144A Securities, any interest in the Rule 144A
Securities or any other similar security from, or otherwise approached or
negotiated with respect to the Rule 144A Securities, any interest in the Rule
144A Securities 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, that would constitute a distribution of the
Rule 144A Securities under the Securities Act of 1933, as amended (the "1933
Act"), or that would render the disposition of the Rule 144A Securities a
violation of Section 5 of the 1933 Act or require registration pursuant thereto,
and that the Seller has not offered the Rule 144A Securities to any person other
than the Buyer or another "qualified institutional buyer" as defined in Rule
144A under the 1933 Act.
2. The Buyer warrants and represents to, and covenants with,
the Indenture Trustee and the Issuer (as defined in the Indenture (the
"Indenture"), dated as of August 28, 1997, between Home Equity Loan Trust
1997-GMACM4, as Issuer, and The Chase Manhattan Bank, as Indenture Trustee,
pursuant to Section 4.02 of the Indenture, as follows:
a. The Buyer understands that the Rule 144A Securities
have not been registered under the 1933 Act or the securities laws of
any state.
b. The Buyer 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 Rule 144A
Securities.
c. The Buyer has been furnished with all information
regarding the Rule 144A Securities that it has requested from the
Seller, the Indenture Trustee, the Owner Trustee or the Master
Servicer.
18
<PAGE>
d. Neither the Buyer nor anyone acting on its behalf
has offered, transferred, pledged, sold or otherwise disposed of the
Rule 144A Securities, any interest in the Rule 144A Securities or any
other similar security to, or solicited any offer to buy or accept a
transfer, pledge or other disposition of the Rule 144A Securities, any
interest in the Rule 144A Securities or any other similar security
from, or otherwise approached or negotiated with respect to the Rule
144A Securities, any interest in the Rule 144A Securities 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, that would constitute a distribution of the
Rule 144A Securities under the 1933 Act or that would render the
disposition of the Rule 144A Securities 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 Rule 144A Securities.
e. The Buyer is a "qualified institutional buyer" as
that term is defined in Rule 144A under the 1933 Act and has completed
either of the forms of certification to that effect attached hereto as
Annex 1 or Annex 2. The Buyer is aware that the sale to it is being
made in reliance on Rule 144A. The Buyer is acquiring the Rule 144A
Securities for its own account or the accounts of other qualified
institutional buyers, understands that such Rule 144A Securities may be
resold, pledged or transferred only (i) to a person reasonably believed
to be a qualified institutional buyer that purchases for its own
account or for the account of a qualified institutional buyer to whom
notice is given that the resale, pledge or transfer is being made in
reliance on Rule 144A, or (ii) pursuant to another exemption from
registration under the 1933 Act.
3. This document 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 document.
IN WITNESS WHEREOF, each of the parties has executed this
document as of the date set forth below.
Print Name of Seller Print Name of Buyer
By: By:
Name: Name:
Title: Title:
Taxpayer Identification: Taxpayer Identification:
No. No.
Date: Date:
19
<PAGE>
ANNEX 1 TO EXHIBIT B
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers Other Than Registered Investment Companies]
The undersigned hereby certifies as follows in connection with the Rule
144A Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President, Chief
Financial Officer, Senior Vice President or other executive officer of the
Buyer.
2. In connection with purchases by the Buyer, the Buyer is a
"qualified institutional buyer" as that term is defined in Rule 144A under the
Securities Act of 1933 ("Rule 144A") because (i) the Buyer owned and/or invested
on a discretionary basis $______________________** in securities (except for the
excluded securities referred to below) as of the end of the Buyer's most recent
fiscal year (such amount being calculated in accordance with Rule 144A) and (ii)
the Buyer satisfies the criteria in the category marked below.
___ Corporation, etc. The Buyer is a corporation (other than a bank,
savings and loan association or similar institution), Massachusetts
or similar business trust, partnership, or charitable organization
described in Section 501(c)(3) of the Internal Revenue Code.
___ Bank. The Buyer (a) is a national bank or banking institution organized
under the laws of any State, territory or the District of Columbia, the
business of which is substantially confined to banking and is supervised by
the State or territorial banking commission or similar official or is a
foreign bank or equivalent institution, and (b) has an audited net worth of
at least $25,000,000 as demonstrated in its latest annual financial
statements, a copy of which is attached hereto. --------
** Buyer must own and/or invest on a discretionary basis at least $100,000,000
in securities unless Buyer is a dealer, and, in that case, Buyer must own and/or
invest on a discretionary basis at least $10,000,000 in securities.
20
<PAGE>
___ Savings and Loan. The Buyer (a) is a savings and loan association,
building and loan association, cooperative bank, homestead
association or similar institution, which is supervised and
examined by a State or Federal authority having supervision over
any such institutions or is a foreign savings and loan association
or equivalent institution and (b) has an audited net worth of at
least $25,000,000 as demonstrated in its latest annual financial
statements.
___ Broker-Dealer. The Buyer is a dealer registered pursuant to Section 15 of
the ------------- Securities Exchange Act of 1934.
___ Insurance Company. The Buyer is an insurance company whose primary
and predominant business activity is the writing of insurance or
the reinsuring of risks underwritten by insurance companies and
which is subject to supervision by the insurance commissioner or a
similar official or agency of a State or territory or the District
of Columbia.
___ State or Local Plan. The Buyer is a plan established and maintained by a
State, its political subdivisions, or any agency or instrumentality of the
State or its political subdivisions, for the benefit of its employees.
___ ERISA Plan. The Buyer is an employee benefit plan within the
meaning of Title I of the Employee Retirement Income Security Act
of 1974.
___ Investment Adviser. The Buyer is an investment adviser registered under the
Investment Advisers Act of 1940.
___ SBIC. The Buyer is a Small Business Investment Company licensed by the U.S.
Small Business Administration under Section 301(c) or (d) of the Small
Business Investment Act of 1958.
___ Business Development Company. The Buyer is a business development company
as defined in Section 202(a)(22) of the Investment Advisers Act of 1940.
___ Trust Fund. The Buyer is a trust fund whose trustee is a bank or trust
company ---------- and whose participants are exclusively (a) plans
established and maintained by a State, its political subdivisions, or any
agency or instrumentality of the State or its political subdivisions, for
the benefit of its employees, or (b) employee benefit plans within the
meaning of Title I of the Employee Retirement Income Security Act of 1974,
but is not a trust fund that includes as participants individual retirement
accounts or H.R. 10 plans.
3. The term "securities" as used herein does not include (i)
securities of issuers that are affiliated with the Buyer, (ii) securities that
are part of an unsold allotment to or subscription by the Buyer, if the Buyer is
a dealer, (iii) bank deposit notes and certificates of deposit, (iv) loan
participations, (v) repurchase agreements, (vi) securities owned but subject to
a repurchase agreement and (vii) currency, interest rate and commodity swaps.
21
<PAGE>
4. For purposes of determining the aggregate amount of securities
owned and/or invested on a discretionary basis by the Buyer, the Buyer used the
cost of such securities to the Buyer and did not include any of the securities
referred to in the preceding paragraph. Further, in determining such aggregate
amount, the Buyer may have included securities owned by subsidiaries of the
Buyer, but only if such subsidiaries are consolidated with the Buyer in its
financial statements prepared in accordance with generally accepted accounting
principles and if the investments of such subsidiaries are managed under the
Buyer's direction. However, such securities were not included if the Buyer is a
majority-owned, consolidated subsidiary of another enterprise and the Buyer is
not itself a reporting company under the Securities Exchange Act of 1934.
5. The Buyer acknowledges that it is familiar with Rule 144A and
understands that the seller to it and other parties related to the Rule 144A
Securities are relying and will continue to rely on the statements made herein
because one or more sales to the Buyer may be in reliance on Rule 144A.
___ ___ Will the Buyer be purchasing the Rule 144A
Yes No Securities only for the Buyer's own account?
6. If the answer to the foregoing question is "no", the Buyer
agrees that, in connection with any purchase of securities sold to the Buyer for
the account of a third party (including any separate account) in reliance on
Rule 144A, the Buyer will only purchase for the account of a third party that at
the time is a "qualified institutional buyer" within the meaning of Rule 144A.
In addition, the Buyer agrees that the Buyer will not purchase securities for a
third party unless the Buyer has obtained a current representation letter from
such third party or taken other appropriate steps contemplated by Rule 144A to
conclude that such third party independently meets the definition of "qualified
institutional buyer" set forth in Rule 144A.
22
<PAGE>
7. The Buyer will notify each of the parties to which this
certification is made of any changes in the information and conclusions herein.
Until such notice is given, the Buyer's purchase of Rule 144A Securities will
constitute a reaffirmation of this certification as of the date of such
purchase.
Print Name of Buyer
By:
Name:
Title:
Date:
23
<PAGE>
ANNEX 2 TO EXHIBIT B
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers That Are Registered Investment Companies]
The undersigned hereby certifies as follows in connection with
the Rule 144A Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President,
Chief Financial Officer or Senior Vice President of the Buyer or, if the Buyer
is a "qualified institutional buyer" as that term is defined in Rule 144A under
the Securities Act of 1933 ("Rule 144A") because Buyer is part of a Family of
Investment Companies (as defined below), is such an officer of the Adviser.
2. In connection with purchases by Buyer, the Buyer is a
"qualified institutional buyer" as defined in SEC Rule 144A because (i) the
Buyer is an investment company registered under the Investment Company Act of
1940, and (ii) as marked below, the Buyer alone, or the Buyer's Family of
Investment Companies, owned at least $100,000,000 in securities (other than the
excluded securities referred to below) as of the end of the Buyer's most recent
fiscal year. For purposes of determining the amount of securities owned by the
Buyer or the Buyer's Family of Investment Companies, the cost of such securities
was used.
____ The Buyer owned $___________________ in securities (other than the excluded
securities referred to below) as of the end of the Buyer's most recent
fiscal year (such amount being calculated in accordance with Rule 144A).
____ The Buyer is part of a Family of Investment Companies which
owned in the aggregate $______________ in securities (other
than the excluded securities referred to below) as of the end
of the Buyer's most recent fiscal year (such amount being
calculated in accordance with Rule 144A).
3. The term "Family of Investment Companies" as used herein
means two or more registered investment companies (or series thereof) that have
the same investment adviser or investment advisers that are affiliated (by
virtue of being majority owned subsidiaries of the same parent or because one
investment adviser is a majority owned subsidiary of the other).
4. The term "securities" as used herein does not include (i)
securities of issuers that are affiliated with the Buyer or are part of the
Buyer's Family of Investment Companies, (ii) bank deposit notes and certificates
of deposit, (iii) loan participations, (iv) repurchase agreements, (v)
securities owned but subject to a repurchase agreement and (vi) currency,
interest rate and commodity swaps.
24
<PAGE>
5. The Buyer is familiar with Rule 144A and understands that
each of the parties to which this certification is made are relying and will
continue to rely on the statements made herein because one or more sales to the
Buyer will be in reliance on Rule 144A. In addition, the Buyer will only
purchase for the Buyer's own account.
6. The undersigned will notify each of the parties to which
this certification is made of any changes in the information and conclusions
herein. Until such notice, the Buyer's purchase of Rule 144A Securities will
constitute a reaffirmation of this certification by the undersigned as of the
date of such purchase.
Print Name of Buyer
By:
Name:
Title:
IF AN ADVISER:
Print Name of Buyer
Date:
25
<PAGE>
EXHIBIT C
FORM OF INVESTOR REPRESENTATION LETTER
, 19
Residential Funding Mortgage Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, MN 55437
The Chase Manhattan Bank
450 West 33rd Street, 15th Floor
New York, NY 10001
Attention: Corporate Trust Administration
Re: Home Equity Loan-Backed Capped Funding Notes
Series 1997-GMACM4
Ladies and Gentlemen:
(the "Purchaser") intends to purchase from
(the "Seller") $ Capped Funding Notes of Series 1997-GMACM4 (the "Notes"),
issued pursuant to the Indenture (the "Indenture"), dated as of August 28, 1997
between Home Equity Loan Trust, as issuer (the "Issuer"), and The Chase
Manhattan Bank, as indenture trustee (the "Indenture Trustee"). All terms used
herein and not otherwise defined shall have the meanings set forth in the
Indenture. The Purchaser hereby certifies, represents and warrants to, and
covenants with, the Issuer and the Indenture Trustee that:
1. The Purchaser understands that (a) the Notes have
not been and will not be registered or qualified under the
Securities Act of 1933, as amended (the "Act") or any state
securities law, (b) the Company is not required to so register
or qualify the Notes, (c) the Notes may be resold only if
registered and qualified pursuant to the provisions of the Act
or any state securities law, or if an exemption from such
registration and qualification is available, (d) the Indenture
contains restrictions regarding the transfer of the Notes and
(e) the Notes will bear a legend to the foregoing effect.
C-1
<PAGE>
2. The Purchaser is acquiring the Notes for its own
account for investment only and not with a view to or for sale
in connection with any distribution thereof in any manner that
would violate the Act or any applicable state securities laws.
3. The Purchaser is (a) a substantial, sophisticated
institutional investor having such knowledge and experience in
financial and business matters, and, in particular, in such
matters related to securities similar to the Notes, such that
it is capable of evaluating the merits and risks of investment
in the Notes, (b) able to bear the economic risks of such an
investment and (c) an "accredited investor" within the meaning
of Rule 501(a) promulgated pursuant to the Act.
4. The Purchaser has been furnished with, and has had
an opportunity to review (a) a copy of the Indenture and [b]
such other information concerning the Notes, the Revolving
Credit Loans and the Company as has been requested by the
Purchaser from the Company or the Seller and is relevant to
the Purchaser's decision to purchase the Notes. The Purchaser
has had any questions arising from such review answered by the
Company or the Seller to the satisfaction of the Purchaser.
5. The Purchaser has not and will not nor has it
authorized or will it authorize any person to (a) offer,
pledge, sell, dispose of or otherwise transfer any Note, any
interest in any Note or any other similar security to any
person in any manner, (b) solicit any offer to buy or to
accept a pledge, disposition of other transfer of any Note,
any interest in any Note or any other similar security from
any person in any manner, (c) otherwise approach or negotiate
with respect to any Note, any interest in any Note or any
other similar security with any person in any manner, (d) make
any general solicitation by means of general advertising or in
any other manner or (e) take any other action, that (as to any
of (a) through (e) above) would constitute a distribution of
any Note under the Act, that would render the disposition of
any Note a violation of Section 5 of the Act or any state
securities law, or that would require registration or
qualification pursuant thereto. The Purchaser will not sell or
otherwise transfer any of the Notes, except in compliance with
the provisions of the Indenture.
6. The Purchaser is not a non-United States person.
Very truly yours,
By:
Name:
Title:
C-2
<PAGE>
EXHIBIT D
FORM OF TRANSFEROR REPRESENTATION LETTER
, 19
Residential Funding Mortgage Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 600
Minneapolis, MN 55437
The Chase Manhattan Bank
450 West 33rd Street, 15th Floor
New York, NY 10001
Attention: Corporate Trust Administration
Re: Home Equity Loan-Backed Capped Funding Notes
Series 1997-GMACM4
Ladies and Gentlemen:
(the "Purchaser") intends to purchase from
(the "Seller") $ Capped Funding Notes of Series 1997-GMACM4 (the "Notes"),
issued pursuant to the (the "Indenture"), dated as of August 28, 1997 between
Home Equity Loan Trust, as issuer (the "Issuer"), and The Chase Manhattan Bank,
as indenture trustee (the "Indenture Trustee"). All terms used herein and not
otherwise defined shall have the meanings set forth in the Indenture. The Seller
hereby certifies, represents and warrants to, and covenants with, the Issuer and
the Indenture Trustee that:
Neither the Seller nor anyone acting on its behalf has (a)
offered, pledged, sold, disposed of or otherwise transferred any Note, any
interest in any Note or any other similar security to any person in any manner,
(b) has solicited any offer to buy or to accept a pledge, disposition or other
transfer of any Note, any interest in any Note or any other similar security
from any person in any manner, (c) has otherwise approached or negotiated with
respect to any Note, any interest in any Note or any other similar security with
any person in any manner, (d) has made any general solicitation by means of
general advertising or in any other manner, or (e) has taken any other action,
that (as to any of (a) through (e) above) would constitute a distribution of the
Notes under the Securities Act of 1933 (the "Act"), that would render the
disposition of any Note a violation of Section 5 of the Act or any state
securities law, or that would require registration or qualification pursuant
thereto. The Seller will not act, in any manner set forth in the foregoing
sentence with respect to any
D-1
<PAGE>
Note. The Seller has not and will not sell or otherwise transfer any of the
Notes, except in compliance with the provisions of the Indenture.
Very truly yours,
(Seller)
By:
Name:
Title:
D-2
<PAGE>
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<PAGE>
EXHIBIT 4.6
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<PAGE>
EXHIBIT 10.1
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
as Purchaser,
and
GMAC MORTGAGE CORPORATION
as Designated Seller
DESIGNATED SELLER'S AGREEMENT
Dated as of August 1, 1997
Revolving Credit Loans
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<PAGE>
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<PAGE>
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS
Section 1.1. Definitions............................................. 2
-----------
ARTICLE II
SALE OF REVOLVING CREDIT LOANS AND RELATED PROVISIONS
Section 2.1. Sale of Revolving Credit Loans.......................... 2
------------------------------
Section 2.2. Payment of Purchase Price............................... 5
-------------------------
Section 2.3. Variable Funding Notes on or after the Closing Date..... 6
---------------------------------------------------
Section 2.4. Draws After an Amortization Event....................... 7
---------------------------------
ARTICLE III
EXAMINATION OF MORTGAGE FILES;
DUE DILIGENCE
Section 3.1. Delivery of Files....................................... 8
-----------------
Section 3.2. Due Diligence........................................... 8
-------------
Section 3.3. Information in Prospectus Supplement.................... 9
------------------------------------
ARTICLE IV
REPRESENTATIONS AND WARRANTIES;
REMEDIES FOR BREACH
Section 4.1. Designated Seller Representations and Warranties........ 9
------------------------------------------------
ARTICLE V
DESIGNATED SELLER'S COVENANTS
Section 5.1. Covenants of the Designated Seller......................17
----------------------------------
ARTICLE VI
-i-
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<PAGE>
Page
Section 6.1. Closing.................................................. 17
-------
Section 6.2. Closing Documents........................................ 18
-----------------
ARTICLE VII
SERVICING
Section 7.1. Servicing................................................ 20
---------
ARTICLE VIII
INDEMNIFICATION BY THE DESIGNATED SELLER
WITH RESPECT TO THE REVOLVING CREDIT LOANS
Section 8.1. Indemnification With Respect to the Revolving Credit Loans..... 20
----------------------------------------------------------
Section 8.2. Limitation on Liability of the Designated Seller............... 20
------------------------------------------------
ARTICLE IX
INDEMNIFICATION
Section 9.1. Indemnification................................................ 20
---------------
ARTICLE X
TERMINATION
Section 10.1.Termination.................................................... 23
-----------
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.1.Amendment...................................................... 23
---------
Section 11.2.GOVERNING LAW.................................................. 23
-------------
Section 11.3.Costs.......................................................... 23
-----
Section 11.4.Notices........................................................ 24
-------
Section 11.5.Severability of Provisions..................................... 24
--------------------------
Section 11.6.Relationship of Parties........................................ 24
-----------------------
-ii-
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<PAGE>
Page
Section 11.7. Counterparts.............................................24
------------
Section 11.8. Further Agreements.......................................25
------------------
Section 11.9. Intention of the Parties.................................25
------------------------
Section 11.10. Successors and Assigns; Assignment of This Agreement.....25
----------------------------------------------------
Section 11.11. Survival.................................................26
--------
-iii-
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<PAGE>
Exhibits
Exhibit 1 Revolving Credit Loan Schedule
Exhibit 2 Officer's Certificate of the Designated Seller
Exhibit 3 Board Resolutions of the Designated Seller
Exhibit 4 Opinion of the Designated Seller
Exhibit 5 Form of Underwriting Agreement
-iv-
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<PAGE>
This DESIGNATED SELLER'S AGREEMENT (this "Agreement"), dated as of August
1, 1997, is made between GMAC Mortgage Corporation (the "Designated Seller") and
Residential Funding Mortgage Securities II, Inc. (the "Purchaser").
W I T N E S S E T H :
WHEREAS, the Designated Seller owns Cut-off Date Loan Balances
and the Related Documents for the home equity lines of credit indicated on the
Revolving Credit Loan Schedule attached as Exhibit 1 hereto (collectively, the
"Revolving Credit Loans"), including rights to (a) any property acquired by
foreclosure or deed in lieu of foreclosure or otherwise, and (b) the proceeds of
any insurance policies covering the Revolving Credit Loans;
WHEREAS, the parties hereto desire that the Designated Seller
sell the Cut-off Date Loan Balances of the Revolving Credit Loans to the
Purchaser pursuant to the terms of this Agreement together with the Related
Documents on the Closing Date, and thereafter all Additional Balances created on
or after the Cut-off Date;
WHEREAS, pursuant to the terms of the Servicing Agreement, the
Master Servicer will service the Revolving Credit Loans directly or through one
or more Subservicers;
WHEREAS, pursuant to the terms of the Trust Agreement, the
Purchaser will sell the Revolving Credit Loans to the Issuer in exchange for the
cash proceeds of the Securities;
WHEREAS, pursuant to the terms of the Trust Agreement, the Issuer will
issue and transfer to or at the direction of the Purchaser, the Certificates;
WHEREAS, pursuant to the terms of the Indenture, the Issuer will issue and
transfer to or at the direction of the Purchaser, the Notes, secured by the
Revolving Credit Loans;
NOW, THEREFORE, in consideration of the mutual covenants
herein contained, the parties hereto agree as follows:
ARTICLE I
DEFINITIONS
Section 1.1. Definitions. For all purposes of this Designated
Seller's Agreement, except as otherwise expressly provided herein or unless the
context otherwise requires, capitalized terms not otherwise defined herein shall
have the meanings assigned to such terms in the Definitions contained in
Appendix A to the Indenture dated August 28, 1997 (the "Indenture"), between
Home Equity Loan Trust 1997-GMACM4, as issuer, and The Chase Manhattan Bank, as
indenture trustee, which is incorporated by reference herein. All other
capitalized terms used herein shall have the meanings specified herein.
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<PAGE>
-2-
ARTICLE II
SALE OF REVOLVING CREDIT LOANS AND RELATED PROVISIONS
Section 2.1. Sale of Revolving Credit Loans.
(a) The Designated Seller, by the execution and delivery of
this Agreement, does hereby sell, assign, set over, and otherwise convey to the
Purchaser, without recourse, all of its right, title and interest in, to and
under the following, and wherever located: (i) the Revolving Credit Loans
(including without limitation the Cut-off Date Loan Balances and all Additional
Balances; provided, however, that following the occurrence of an Amortization
Event, any subsequent loan balance represented by each Draw and interest thereon
will not be deemed transferred to the Issuer, and the Designated Seller (in such
event) shall retain ownership of each loan balance represented by each such Draw
made thereafter and interest thereon), all interest accruing thereon and all
collections in respect thereof received on or after the Cut-off Date; (ii) the
interest of the Designated Seller in any insurance policies in respect of the
Revolving Credit Loans; and (iii) all proceeds of the foregoing; provided,
however, that the Purchaser does not assume the obligation under each Loan
Agreement to fund Draws to the Mortgagor thereunder, and the Purchaser shall not
be obligated or permitted to fund any such Draws, it being agreed that the
Designated Seller will retain the obligation to fund future Draws. Such
conveyance shall be deemed to be made: (1) with respect to the Cut-off Date Loan
Balances, as of the Closing Date; and (2) with respect to the amount of each
Additional Balance created on or after the Cut-off Date, as of the later of the
Closing Date and the date that the corresponding Draw was made pursuant to the
related Loan Agreement, subject to the receipt by the Designated Seller of
consideration therefor as provided herein under clause (b) of Section 2.2. The
sale of the Revolving Credit Loans shall take place on August 28, 1997, or such
other date as shall be mutually acceptable to the parties hereto, subject to and
simultaneously with the deposit of the Revolving Credit Loans into the Trust,
the issuance of the Notes and Certificates, and the sale of the Notes by the
Purchaser pursuant to the Underwriting Agreement to be entered into by the
Purchaser, the Designated Seller and the Underwriter, a form of which is
attached hereto as Exhibit 5.
(b) In connection with such conveyance, the Designated Seller
further agrees, at its own expense, on or prior to the Closing Date with respect
to the Loan Balance of the Revolving Credit Loans to indicate in its books and
records that the Revolving Credit Loans have been sold to the Purchaser pursuant
to this Agreement and to deliver to the Purchaser true and complete lists of all
of the Revolving Credit Loans specifying for each Revolving Credit Loan (i) its
account number and (ii) its Cut-off Date Loan Balance. Such lists, which form
part of the Revolving Credit Loan Schedule, shall be marked as Exhibit 1 to this
Agreement and are hereby incorporated into and made a part of this Agreement.
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<PAGE>
-3-
(c) In connection with such conveyance by the Designated
Seller, the Designated Seller shall on behalf of the Purchaser deliver to, and
deposit with the respective Custodian, on or before the Closing Date, with
respect to (i) below, or within 90 days of the Closing Date, with respect to
(ii) through (v) below, the following documents or instruments with respect to
each Revolving Credit Loan:
(i) the original Credit Line Agreement endorsed without
recourse in blank or, with respect to any Revolving Credit Loan as to
which the original Credit Line Agreement has been permanently lost or
destroyed and has not been replaced, a Lost Note Affidavit;
(ii) the original Mortgage with evidence of recording
thereon, or, if the original Mortgage has not yet been returned from
the public recording office, a copy of the original Mortgage certified
by the public recording office in which such original Mortgage has been
recorded, or a certified copy of such Mortgage in the event the
recording office keeps the original or if the original is lost;
(iii) assignments (which may be included in one or more
blanket assignments if permitted by applicable law) of the Mortgage in
recordable form as follows: (A) from the related originator to the
Designated Seller, and (B) from the Designated Seller to "The Chase
Manhattan Bank as trustee under that certain Indenture dated as of
August 28, 1997, for Residential Funding Mortgage Securities II, Inc.,
Home Equity Loan-Backed Notes, Series 1997-GMACM4" c/o the Designated
Seller at an address specified by the Designated Seller;
(iv) originals of any intervening assignments of the
Mortgage, with evidence of recording thereon, or, if the original of
any such intervening assignment has not yet been returned from the
public recording office, a copy of such original intervening assignment
certified by the public recording office in which such original
intervening assignment has been recorded; and
(v) a true and correct copy of each assumption, modification, consolidation
or substitution agreement, if any, relating to the Revolving Credit Loan.
Within the time period for the review of each Mortgage File
set forth in Section 2.2 of the Custodial Agreement, if a material defect in any
Mortgage File is discovered which may materially and adversely affect the value
of the related Revolving Credit Loan, or the interests of the Indenture Trustee
(as pledgee of the Revolving Credit Loans), the Noteholders, the
Certificateholders or the Credit Enhancer in such Revolving Credit Loan,
including the Designated Seller's failure to deliver any document required to be
delivered to the Custodian on behalf of the Indenture Trustee (provided that a
Mortgage File will not be deemed to contain a defect for an unrecorded
assignment under clause (iii) above if the Designated Seller has submitted such
assignment for recording pursuant to the terms of the following paragraph), the
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<PAGE>
-4-
Designated Seller shall cure such defect, repurchase the related Revolving
Credit Loan at the Repurchase Price or substitute an Eligible Substitute Loan
for the related Revolving Credit Loan upon the same terms and conditions set
forth in Section 4.1 hereof for breaches of
representations and warranties as to the Revolving Credit Loans.
In instances where an original Mortgage or any original
intervening assignment of Mortgage was not, in accordance with clause (iv)
above, delivered by the Designated Seller to the respective Custodian in
accordance with the execution and delivery of this Agreement, the Designated
Seller will deliver or cause to be delivered the originals or certified copies
of such documents to such Custodian promptly upon receipt thereof.
Upon sale of the Revolving Credit Loans, the ownership of each
Credit Line Agreement, the mortgage and the contents of the related Mortgage
File is vested in the Purchaser and the ownership of all records and documents
with respect to the related Revolving Credit Loan prepared by or which come into
the possession of the Designated Seller as seller of the Revolving Credit Loans
hereunder or in its capacity as Master Servicer under the Servicing Agreement
shall immediately vest in the Purchaser and shall be retained and maintained in
trust by the Designated Seller or the Master Servicer at the will of the
Purchaser in such custodial capacity only. In the event that any original
document held by the Designated Seller of the Revolving Credit Loans hereunder
in its capacity as Master Servicer is required pursuant to the terms of this
Section to be part of a Mortgage File, such document shall be delivered promptly
to the Custodian. The Designated Seller's records will accurately reflect the
sale of each Revolving Credit Loan to the Purchaser.
The Purchaser hereby acknowledges its acceptance of all right, title and
interest to the property, conveyed to it pursuant to this Section 2.1.
(d) The parties hereto intend that the transactions set forth
herein constitute a sale by the Designated Seller to the Purchaser of all the
Designated Seller's right, title and interest in and to the Revolving Credit
Loans and other property as and to the extent described above. In the event the
transactions set forth herein are deemed not to be a sale, the Designated Seller
hereby grants to the Purchaser a security interest in all of the Designated
Seller's right, title and interest in, to and under the Revolving Credit Loans
and such other property, to secure all of the Designated Seller's obligations
hereunder, and this Agreement shall constitute a security agreement under
applicable law. The Designated Seller agrees to take or cause to be taken such
actions and to execute such documents, including without limitation the filing
of any continuation statements with respect to the UCC-1 financing statements
filed with respect to the Revolving Credit Loans by the Purchaser on the Closing
Date, and any amendments thereto required to reflect a change in the name or
corporate structure of the Designated Seller or the filing of any additional
UCC-1 financing statements due to the change in the principal office of the
Designated Seller, as are necessary to perfect and protect the Purchaser's
interests in each Revolving Credit Loan and the proceeds thereof.
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<PAGE>
-5-
(e) The Designated Seller hereby sells the Revolving Credit
Loans to the Purchaser without any obligation of the Purchaser or any successor
transferee to provide any amounts to General Motors Corporation, or any
affiliate or subsidiary thereof ("GM"), in connection with any program, whether
documented or not, including, without limitation, the GM Card Financial Network
Home Equity Credit Line, Home Equity Earnings Program, or any future program
between the Designated Seller and GM, whereby the borrower under any Revolving
Credit Loan receives any benefit or rebate or other amounts in connection with
the future purchase of a new car or otherwise. The Designated Seller hereby
retains all such obligations.
Section 2.2. Payment of Purchase Price.
(a) The "Purchase Price" for the Revolving Credit Loans
(including the Additional Balances) shall be (1) an amount equal to $193,515,000
in immediately available funds, together with the Certificates, in respect of
the Cut-off Date Loan Balances thereof and (2) in the case of each Additional
Balance transferred hereunder created on or after the Cut-off Date, the
principal amount of the related Draw under the Loan Agreement on the later of
the Closing Date and the date of the creation of such Additional Balance.
(b) In consideration of the sale of the Revolving Credit Loans
from the Designated Seller to the Purchaser on the Closing Date, the Purchaser
shall pay to the Designated Seller on the Closing Date by wire transfer of
immediately available funds to a bank account designated by the Designated
Seller, the amount specified above in clause (a)(1) for each Revolving Credit
Loan; provided, that such payment may be on a net funding basis if agreed by the
Designated Seller and the Purchaser. With respect to each Additional Balance
transferred hereunder with respect to any Revolving Credit Loan, the Issuer as
assignee of the Purchaser shall pay or cause to be paid to the Designated Seller
or its designee the portion of the Purchase Price specified above in clause
(a)(2) for such Additional Balance in one of the following ways, as applicable:
(i) for any Collection Period during the Revolving Period, so long as an
Amortization Event has not occurred, (a) a cash payment pursuant to Section
3.03(ii) of the Servicing Agreement and Section 2.2(a)(2) hereof in an amount
equal to the related Draw, if then available from Principal Collections during
the related Collection Period on the Revolving Credit Loans, and (b) to the
extent aggregate Draws exceed Principal Collections for such Collection Period,
an increase in the aggregate principal amount of the Variable Funding Notes or
an issuance of new Variable Funding Notes, as of the Payment Date corresponding
to the Collection Period in which such Additional Balances were created, equal
to the amount by which Additional Balances exceeded Principal Collections for
such Collection Period, and (ii) for any Collection Period after the end of the
Revolving Period, so long as an Amortization Event has not occurred, an increase
in the aggregate principal amount of Variable Funding Notes or an issuance of
new Variable Funding Notes as of each Payment Date in an aggregate amount equal
to the total of the related Draws for the corresponding Collection Period.
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Section 2.3. Variable Funding Notes on or after the Closing Date.
Subject to Section 4.01(d) of the Indenture, if at any time,
the Designated Seller holds Variable Funding Notes that have reached their
Maximum Individual Variable Funding Note Balance, and to the extent that the
same are exchanged for Capped Funding Notes in accordance with Section 4.01(d)
of the Indenture, the Purchaser agrees that, upon written request made by the
Designated Seller at any time, the Purchaser shall use its best reasonable
efforts to cause such Capped Funding Notes held by the Designated Seller to be
registered for resale by the Designated Seller pursuant to an effective
registration statement filed by the Purchaser in accordance with, and meeting
all requirements of, the Securities Act of 1933, as amended. The Purchaser shall
use its best reasonable efforts to cause such registration statement to become
effective with respect to such Capped Funding Notes as soon as practicable
within a mutually agreed reasonable time period after the Designated Seller's
request. It is contemplated that such registration statement will be the shelf
registration statement pursuant to which the Term Notes issued on the Closing
Date are to be offered, or one substantially similar thereto. In connection with
such registration statement and offering, the Designated Seller shall reimburse
the Purchaser for costs related thereto including registration fees, printing
fees, rating fees, legal fees, accountant's fees, blue sky registration fees and
expenses (if any), related expenses of the Credit Enhancer and other
out-of-pocket costs, if any. In connection with such registration statement and
related prospectus, the Designated Seller shall provide the Purchaser with an
updated Revolving Credit Loan Schedule and all other information reasonably
necessary to assure that the statements in the prospectus with respect to the
Revolving Credit Loans and the Designated Seller (including in its capacity as
servicer of the Revolving Credit Loans) are complete and correct in all material
respects as of the date of sale of such Capped Funding Notes by the Designated
Seller. The registration statement shall not include any information with
respect to the Credit Enhancer, except for information approved by the Credit
Enhancer for use therein.
Section 2.4. Draws After an Amortization Event.
In the event that an Amortization Event occurs, any Draws made
on the Revolving Credit Loans thereafter shall not be deemed to be "Additional
Balances" hereunder, and the ownership of the related balances shall be retained
by the Designated Seller. Following an Amortization Event, on any Payment Date,
with respect to the related Collection Period, all Interest Collections and
Principal Collections in respect of each individual Revolving Credit Loan shall
be allocated on a pro rata basis as between the Issuer and the Designated
Seller, based on the relative proportions of the Loan Balance and the Excluded
Amount, respectively, as of the end of the calendar month immediately prior to
such Collection Period. Any losses incurred with respect to any individual
Revolving Credit Loan following an Amortization Event shall be allocated on a
pro rata basis between the Issuer and the Designated Seller, based on the Loan
Balance and the Excluded Amount thereof as of the date of liquidation of such
Revolving Credit Loan. Notwithstanding any other provision hereof or of the
Servicing Agreement, the payments and collections allocable to the Excluded
Amount need not be deposited in the Custodial Account and shall not be deposited
in the Distribution Account or the Payment
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Account, and shall be distributed by the Master Servicer to the Designated
Seller not less frequently than monthly in accordance with reasonable
instructions provided by the Designated Seller.
ARTICLE III
EXAMINATION OF MORTGAGE FILES;
DUE DILIGENCE
Section 3.1. Delivery of Files.
On such dates agreed to by the Designated Seller and the
Purchaser, the Designated Seller shall (a) deliver to the Purchaser magnetic
tapes acceptable to the Purchaser which contain such information about the
Mortgage Loans as may be reasonably requested by the Purchaser, and (b) either,
as specified by the Purchaser, deliver to the Purchaser, or its designee, in
escrow, or make available for examination during normal business hours, all
credit files, underwriting documentation and Mortgage Files relating to the
Mortgage Loans. If the Purchaser identifies any Mortgage Loans which in its sole
discretion do not conform to the Designated Seller's underwriting standards or
the representations and warranties in Section 4.1(b) hereof such Mortgage Loans
shall be deleted from the Mortgage Loan Schedule. The Purchaser may, at its sole
option and without notice to the Designated Seller, accept all or part of the
Mortgage Loans without conducting any partial or complete examination. The fact
that the Purchaser has conducted or has failed to conduct any partial or
complete examination of the credit files, underwriting documentation or Mortgage
Files relating to the Mortgage Loans shall not affect the Purchaser's, the
Indenture Trustee's or any Securityholder's right to demand repurchase of the
Mortgage Loans or other relief as provided under this Agreement or to be
provided under the Servicing Agreement.
Section 3.2. Due Diligence.
On or prior to the Closing Date, in addition to the foregoing
examination of the Mortgage Files and related documents, the Designated Seller
agrees to allow the Purchaser, or its designee, or any representative of
Standard & Poor's Ratings Services or Moody's Investors Service, Inc. (together,
the "Rating Agencies") to examine and audit all books, records and files
pertaining to the Mortgage Loans, the Designated Seller's underwriting
procedures and the Designated Seller's ability to perform or observe all of the
terms, covenants and conditions of this Agreement and the Servicing Agreement.
Such examinations and audits shall take place at one or more offices of the
Designated Seller during normal business hours and shall not be conducted in a
manner that is disruptive to the Designated Seller's normal business operations,
and in the course of such examinations and audits, the Designated Seller will
make available to the Purchaser, or its designee, reasonably adequate
facilities, as well as the assistance of a sufficient number of knowledgeable
and responsible individuals who are familiar with the
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Mortgage Loans and the terms of this Agreement and the Designated Seller shall
cooperate fully with any such review in all respects. On or prior to the Closing
Date, the Designated Seller agrees to provide the Purchaser, its affiliates or
its designee with all material information regarding the Designated Seller's
financial condition as is customarily provided to lenders, and to provide access
to knowledgeable financial or accounting officers for the purpose of answering
questions with respect to the Designated Seller's financial condition, financial
statements as provided to the Purchaser or other developments affecting the
Designated Seller.
Section 3.3. Information in Prospectus Supplement.
The Purchaser and the Designated Seller shall agree on the
information relating to the Designated Seller to be included in the Prospectus
Supplement, including but not limited to financial information and information
regarding the status of the Designated Seller with respect to any regulatory
body or entity, and the presentation of such information in the Prospectus
Supplement. In connection therewith each party shall promptly inform the other
party of any information it reasonably wishes to include or exclude from the
Prospectus Supplement, and upon being so informed, the parties shall use their
best efforts to mutually agree, as promptly as possible, on the presentation and
content of information to be included in the Prospectus Supplement. The
Purchaser shall keep confidential any information regarding the Designated
Seller which has been delivered into the Purchaser's possession and which is not
otherwise publicly available; provided, however, that such information shall not
be kept confidential (and the right to require confidentiality under any
confidentiality agreement shall be waived) to the extent the parties agree to
include such information in the Prospectus Supplement.
ARTICLE IV
REPRESENTATIONS AND WARRANTIES;
REMEDIES FOR BREACH
Section 4.1. Designated Seller Representations and Warranties. The
Designated Seller represents and warrants to the Purchaser, as of the Closing
Date (or if otherwise specified below, as of the date so specified):
(a) As to the Designated Seller:
(i) The Designated Seller is a corporation duly
organized, validly existing and in good standing under the laws of the
Commonwealth of Pennsylvania and has the corporate power to own its
assets and to transact the business in which it is currently engaged.
The Designated Seller is duly qualified to do business as a foreign
corporation and is in good standing in each jurisdiction in which the
character of the business transacted by it or properties owned or
leased by it requires such qualification
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and in which the failure to so qualify would have a material adverse
effect on the business, properties, assets or condition (financial or
other) of the Designated Seller;
(ii) The Designated Seller has the power and authority
to make, execute, deliver and perform its obligations under this
Agreement and all of the transactions contemplated under this
Agreement, and has taken all necessary corporate action to authorize
the execution, delivery and performance of this Agreement;
(iii) The Designated Seller is not required to obtain the
consent of any other Person or any consent, license, approval or
authorization from, or registration or declaration with, any
governmental authority, bureau or agency in connection with the
execution, delivery, performance, validity or enforceability of this
Agreement, except for such consents, license, approvals or
authorization, or registration or declaration, as shall have been
obtained or filed, as the case may be;
(iv) The execution and delivery of this Agreement and
the performance of the transactions contemplated hereby by the
Designated Seller will not violate any material provision of any
existing law or regulation or any order or decree of any court
applicable to the Designated Seller or any provision of the Articles of
Incorporation or Bylaws of the Designated Seller, or constitute a
material breach of any mortgage, indenture, contract or other agreement
to which the Designated Seller is a party or by which the Designated
Seller may be bound; and
(v) No litigation or administrative proceeding of or
before any court, tribunal or governmental body is currently pending,
or to the knowledge of the Designated Seller threatened, against the
Designated Seller or any of its properties or with respect to this
Agreement or the Certificates which in the commercially reasonable
opinion of the Designated Seller has a reasonable likelihood of
resulting in a material adverse effect on the transactions contemplated
by this Agreement.
(vi) This Agreement constitutes a legal, valid and
binding obligation of the Designated Seller, enforceable against the
Designated Seller in accordance with its terms, except as
enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or other similar laws now or hereafter in
effect affecting the enforcement of creditors' rights in general and
except as such enforceability may be limited by general principles of
equity (whether considered in a proceeding at law or in equity);
(vii) This Agreement constitutes a valid transfer and
assignment to the Purchaser of all right, title and interest of the
Designated Seller in and to the Cut-off Date Loan Balances with respect
to the Revolving Credit Loans, all monies due or to become due with
respect thereto, and all proceeds of such Cut-off Date Loan Balances
with respect to the Revolving Credit Loans and such funds as are from
time to time
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deposited in the Custodial Account (excluding any investment earnings
thereon) as assets of the Trust and all other property specified in the
definition of "Trust" as being part of the corpus of the Trust conveyed
to the Purchaser by the Designated Seller, and upon payment for the
Additional Balances, will constitute a valid transfer and assignment to
the Purchaser of all right, title and interest of the Designated Seller
in and to the Additional Balances, all monies due or to become due with
respect thereto, and all proceeds of such Additional Balances and all
other property specified in the definition of "Trust" relating to the
Additional Balances; and
(viii) The Designated Seller is not in default with
respect to any order or decree of any court or any order, regulation or
demand or 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 Master
Servicer or its properties or might have consequences that would
materially adversely affect its performance hereunder;
(b) As to the Revolving Credit Loans:
(i) The information set forth in the Revolving Credit
Loan Schedule for such Revolving Credit Loans is true and correct in
all material respects as of the date or dates respecting which such
information is furnished;
(ii) The Cut-off Date Loan Balances have not been
assigned or pledged, the Designated Seller has good and marketable
title thereto and the Designated Seller is the sole owner and holder of
such Cut-off Date Loan Balances free and clear of any and all liens,
claims, encumbrances, participation interests, equities, pledges,
charges of security interests of any nature and has full right and
authority, under all governmental and regulatory bodies having
jurisdiction over the ownership of the applicable Revolving Credit
Loans to sell and assign the same pursuant to this Agreement;
(iii) The related Credit Line Agreement and the Mortgage
have not been assigned or pledged, the Designated Seller has good and
marketable title thereto and the Designated Seller is the sole owner
and holder of the Revolving Credit Loan free and clear of any and all
liens, claims, encumbrances, participation interests, equities,
pledges, charges of security interests of any nature and has full right
and authority, under all governmental and regulatory bodies having
jurisdiction over the ownership of the applicable Revolving Credit
Loans to sell and assign the same pursuant to this Agreement;
(iv) To the best of the Designated Seller's knowledge, there is no valid
offset, defense or counterclaim of any obligor under any Loan Agreement or
Mortgage;
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(v) To the best of the Designated Seller's knowledge, there is no
delinquent recording or other tax or fee or assessment lien against any related
Mortgaged Property;
(vi) To the best of the Designated Seller's knowledge, there is no
proceeding pending or threatened for the total or partial condemnation of the
related Mortgaged Property;
(vii) To the best of the Designated Seller's knowledge,
there are no mechanics' or similar liens or claims which have been
filed for work, labor or material affecting the related Mortgaged
Property which are, or may be liens prior or equal to, or subordinate
with, the lien of the related Mortgage, except liens which are fully
insured against by the title insurance policy referred to in clause
(xi);
(viii) As of the Cut-off Date, no Revolving Credit Loan was 30 days or more
delinquent;
(ix) For each Revolving Credit Loan, the related Mortgage File contains
each of the documents and instruments specified to be included therein;
(x) To the best of the Designated Seller's knowledge,
the related Credit Line Agreement and the related Mortgage at the time
it was made complied in all material respects with applicable local,
state and federal laws;
(xi) A policy of title insurance was obtained by the
Designated Seller for credit line amounts in excess of $100,000 for the
entire line amount and a title search or other assurance of title
customary in the relevant jurisdiction was obtained with respect to
each Revolving Credit Loan as to which no title insurance policy or
binder was issued;
(xii) None of the Mortgaged Properties is a mobile home or a manufactured
housing unit that is not permanently attached to its foundation;
(xiii) As of the Cut-off Date no more than 20.4% of the
Revolving Credit Loans, by aggregate principal balance, are secured by
Mortgaged Properties located in Michigan and no more than 4.37% of the
Revolving Credit Loans, by aggregate principal balance, are secured by
Mortgaged Properties located in planned unit developments;
(xiv) As of the Cut-off Date the Combined Loan-to-Value Ratio for each
Revolving Credit Loan was not in excess of 100%;
(xv) [Reserved];
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(xvi) The Designated Seller has not transferred the Revolving Credit Loans
to the Purchaser with any intent to hinder, delay or defraud any of its
creditors;
(xvii) The minimum monthly payment with respect to any
Revolving Credit Loan is not less than the interest accrued at the
applicable Loan Rate on the average daily Loan Balance during the
interest period relating to the date on which such minimum monthly
payment is due;
(xviii) Within a loan type, and except as required by
applicable law, each Loan Agreement and each Mortgage is substantially
similar one to the other and is an enforceable obligation of the
related Mortgagor;
(xix) To the best knowledge of the Designated Seller, the physical property
subject to each Mortgage is free of material damage and is in good repair;
(xx) The Designated Seller has not received a notice of
default of any senior mortgage loan related to a Mortgaged Property
which has not been cured by a party other than the Master Servicer;
(xxi) Except with Revolving Credit Loans originated in
the State of Washington, each of the Credit Line Agreements has a
substantially similar definition of Prime as the Index applicable to
the related Loan Rate; each Revolving Credit Loan originated in
Washington has a substantially similar definition of Six-Month Treasury
Rate as the Index applicable to the related Loan Rate;
(xxii) None of the Revolving Credit Loans are reverse mortgage loans;
(xxiii) (A) No Revolving Credit Loan has an original term
to maturity in excess of 180 months. With respect to approximately 95%
of the Revolving Credit Loans, interest rate adjustments prior to the
Cut-off Date were made in compliance with the related Mortgage and
Credit Line Agreement. Over the term of any Revolving Credit Loan, the
Loan Rate may not exceed the related Maximum Loan Rate, if any. (B) The
Revolving Credit Loans have Maximum Loan Rates which range between
14.50% and 19.50%. The Current Gross Margins for the Revolving Credit
Loans range between -1.00% and 4.00%, and the weighted average Current
Gross Margin for the Revolving Credit Loans is approximately 1.08% as
of the Cut-off Date. As of the Cutoff Date, the Loan Rates on the
Revolving Credit Loans range between 7.22% and 12.50% and the weighted
average Loan Rate is approximately 9.57% The weighted average remaining
term to scheduled maturity of the Revolving Credit Loans on a
contractual basis as of the Cut-off Date is approximately 111 months;
(xxiv) (A) Each Mortgaged Property with respect to the
Revolving Credit Loans consists of a single parcel of real property
with a single family or two- to four-
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family residence erected thereon, or an individual condominium unit,
planned unit development unit. (B) With respect to the Revolving Credit
Loans for which such information was available (i) approximately 7.24%
(by Cut-off Date Balance) are secured by real property improved by
individual condominium units and planned development units, (ii)
approximately 91.69% (by Cut-off Date Balance) are secured by real
property with a single family residence erected thereon, and (iii)
approximately 0.88% (by Cut-off Date Balance) are secured by real
property with a two- to four-family residence erected thereon and, (iv)
approximately 0.19% are secured by real property improved by
manufactured housing;
(xxv) As of the Cut-off Date, the Credit Limits on the
Revolving Credit Loans range between approximately $6,600 and $550,000
with an average of $36,296. As of the Cut-off Date, no Revolving Credit
Loan had a principal balance in excess of $401,443 and the weighted
average Credit Utilization Rate, based on the Cut-off Date Balance of
the Revolving Credit Loans is equal to approximately 84.0%;
(xxvi) No more than approximately 86.2% of the Revolving Credit Loans, by
aggregate principal balance as of the Cut-off Date are second liens;
(xxvii) A policy of hazard insurance and flood insurance, if applicable,
has been required from the Borrower for his Revolving Credit Loan when the
Revolving Credit Loan was originated;
(xxviii) There is no material default, breach, violation or
event of acceleration existing under the terms of any Credit Line
Agreement or Mortgage and, to the best of the Designated Seller's
knowledge, no event which, with notice and expiration of any grace or
cure period, would constitute a material default, breach, violation or
event of acceleration under the terms of any Credit Line Agreement or
Mortgage, and no such material default, breach, violation or event of
acceleration has been waived by the Designated Seller involved in
originating or servicing a Revolving Credit Loan;
(xxix) No instrument of release or waiver has been
executed in connection with the Revolving Credit Loans, and no
Mortgagor has been released, in whole or in part from its obligations
in connection with a Revolving Credit Loan;
(xxx) With respect to each Revolving Credit Loan that is
a second lien, either (i) no consent for the Revolving Credit Loan was
required by the holder or holders of the related prior lien, (ii) such
consent has been obtained and is contained in the mortgage file or
(iii) no consent for the Revolving Credit Loan was required by relevant
law; and
(xxxi) To the extent permitted by applicable law, the Mortgage contains a
customary provision for the acceleration of the payment of the unpaid principal
balance
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of the Revolving Credit Loan in the event the related Mortgaged
Property is sold without the prior consent of the mortgagee thereunder.
Upon discovery by the Designated Seller or upon notice from
the Purchaser, the Credit Enhancer, the Issuer, the Owner Trustee, the Indenture
Trustee or any Custodian, as applicable, of a breach of any representation or
warranty in clause (a) above which materially and adversely affects the
interests of the Securityholders or the Credit Enhancer, as applicable, in any
Revolving Credit Loan, the Designated Seller shall, within 90 days of its
discovery or its receipt of notice of such breach, either (i) cure such breach
in all material respects or (ii) to the extent that such breach is with respect
to a Revolving Credit Loan or a Related Document, either (A) repurchase such
Revolving Credit Loan from the Issuer at the Repurchase Price, or (B) substitute
one or more Eligible Substitute Loans for such Revolving Credit Loan, in each
case in the manner and subject to the conditions and limitations set forth
below.
Upon discovery by the Designated Seller or upon notice from
the Purchaser, the Credit Enhancer, the Issuer, the Owner Trustee, the Indenture
Trustee or any Custodian, as applicable, of a breach of any representation or
warranty in this clause (b) above with respect to any Revolving Credit Loan, or
upon the occurrence of a Repurchase Event, which materially and adversely
affects the interests of any Securityholders or the Credit Enhancer, as
applicable, or of the Purchaser in such Revolving Credit Loan (notice of which
shall be given to the Purchaser by the Designated Seller, if it discovers the
same), notwithstanding the Designated Seller's lack of knowledge with respect to
the substance of such representation and warranty, the Designated Seller shall,
within 90 days after the earlier of its discovery or receipt of notice thereof,
either cure such breach or Repurchase Event in all material respects or either
(i) repurchase such Revolving Credit Loan from the Issuer at the Repurchase
Price, or (ii) substitute one or more Eligible Substitute Loans for such
Revolving Credit Loan, in each case in the manner and subject to the conditions
set forth below. The Repurchase Price for any such Revolving Credit Loan
repurchased by the Designated Seller shall be deposited or caused to be
deposited by the Master Servicer in the Custodial Account maintained by it
pursuant to Section 3.02 of the Servicing Agreement.
In the event that the Designated Seller elects to substitute
an Eligible Substitute Loan or Loans for a Deleted Loan pursuant to this Section
4.1, the Designated Seller shall deliver to the Custodian on behalf of the
Issuer, with respect to such Eligible Substitute Loan or Loans, the original
Credit Line Agreement and all other documents and agreements as are required by
Section 2.1(c), with the Credit Line Agreement endorsed as required by Section
2.1(c). No substitution will be made in any calendar month after the
Determination Date for such month. Monthly Payments due with respect to Eligible
Substitute Loans in the month of substitution shall not be part of the Owner
Trust and will be retained by the Master Servicer and remitted by the Master
Servicer to the Designated Seller on the next succeeding Payment Date, provided
that a payment at least equal to the applicable Minimum Monthly Payment has been
received by the Owner Trust, for such month in respect of the Deleted Loan. For
the month of substitution, distributions to the Distribution Account pursuant to
the Servicing Agreement
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will include the Monthly Payment due on a Deleted Loan for such month and
thereafter the Designated Seller shall be entitled to retain all amounts
received in respect of such Deleted Loan. The Master Servicer shall amend or
cause to be amended the Revolving Credit Loan Schedule to reflect the removal of
such Deleted Loan and the substitution of the Eligible Substitute Loan or Loans
and the Master Servicer shall deliver the amended Revolving Credit Loan Schedule
to the Owner Trustee. Upon such substitution, the Eligible Substitute Loan or
Loans shall be subject to the terms of this Agreement and the Servicing
Agreement in all respects, the Designated Seller shall be deemed to have made
the representations and warranties with respect to the Eligible Substitute Loan
contained herein set forth in Section 4.1(b) (other than clauses (viii), (xiii),
(xiv) (xxiii)(B), (xxiv)(B), (xxv), and (xxvi) thereof) as of the date of
substitution, and the Designated Seller shall be obligated to repurchase or
substitute for any Eligible Substitute Loan as to which a Repurchase Event has
occurred as provided herein. In connection with the substitution of one or more
Eligible Substitute Loans for one or more Deleted Loans, the Master Servicer
will determine the amount (such amount, a "Substitution Adjustment Amount"), if
any, by which the aggregate principal balance of all such Eligible Substitute
Loans as of the date of substitution is less than the aggregate principal
balance of all such Deleted Loans (after application of the principal portion of
the Monthly Payments due in the month of substitution that are to be distributed
to the Payment Account in the month of substitution). The Designated Seller
shall deposit the amount of such shortfall into the Custodial Account on the day
of substitution, without any reimbursement therefor.
Upon receipt by the Indenture Trustee on behalf of the Issuer
and the Custodian of written notification, signed by a Servicing Officer, of the
deposit of such Repurchase Price or of such substitution of an Eligible
Substitute Loan (together with the complete related Mortgage File) and deposit
of any applicable Substitution Adjustment Amount as provided above, the
Custodian, on behalf of the Indenture Trustee shall release to the Designated
Seller the related Mortgage File for the Revolving Credit Loan being repurchased
or substituted for and the Indenture Trustee on behalf of the Issuer shall
execute and deliver such instruments of transfer or assignment prepared by the
Master Servicer, in each case without recourse, as shall be necessary to vest in
the Designated Seller or its designee such Revolving Credit Loan released
pursuant hereto and thereafter such Revolving Credit Loan shall not be an asset
of the Issuer.
It is understood and agreed that the obligation of the
Designated Seller to cure any breach, or to repurchase or substitute for, any
Revolving Credit Loan as to which such a breach has occurred and is continuing
shall, except to the extent provided in Section 6.1 of this Agreement,
constitute the sole remedy respecting such breach available to the Purchaser,
the Issuer, the Certificateholders (or the Owner Trustee on behalf of the
Certificateholders) and the Noteholders (or the Indenture Trustee on behalf of
the Noteholders) against the Designated Seller.
It is understood and agreed that the representations and
warranties set forth in this Section 4.1 shall survive delivery of the
respective Mortgage Files to the Issuer, or its Custodians.
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ARTICLE V
DESIGNATED SELLER'S COVENANTS
Section 5.1. Covenants of the Designated Seller. The
Designated Seller hereby covenants that, except for the transfer hereunder, the
Designated Seller will not sell, pledge, assign or transfer to any other Person,
or grant, create, incur or assume any Lien on any Revolving Credit Loan, or any
interest therein, except with respect to any Excluded Amount; the Designated
Seller will notify the Issuer, as assignee of the Purchaser, of the existence of
any Lien (other than as provided above) on any Revolving Credit Loan immediately
upon discovery thereof; and the Designated Seller will defend the right, title
and interest of the Issuer, as assignee of the Purchaser, in, to and under the
Revolving Credit Loans against all claims of third parties claiming through or
under the Designated Seller; provided, however, that nothing in this Section 5.1
shall be deemed to apply to any Liens for municipal or other local taxes and
other governmental charges if such taxes or governmental charges shall not at
the time be due and payable or if the Designated Seller shall currently be
contesting the validity thereof in good faith by appropriate proceedings.
ARTICLE VI
CLOSING
Section 6.1. Closing. The closing of the sale of the Mortgage Loans shall
be held at the office of Thacher Proffitt & Wood at 10:00 A.M., New York time,
on the Closing Date.
The closing shall be subject to each of the following conditions:
(a) All of the representations and warranties of the Designated Seller
herein shall be true and correct as of the Closing Date;
(b) All Closing Documents specified in Section 6.2 of
this Agreement, in such forms as are agreed upon and
acceptable to the Purchaser, shall be duly executed and
delivered by all signatories as required pursuant to the
respective terms thereof;
(c) The Designated Seller shall have delivered and released to the
Purchaser or its designee, all documents required to be delivered to the
Purchaser pursuant to Section 2 of this Agreement;
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(d) The result of the examination and audit performed
by the Purchaser pursuant to Section 3 hereof shall be
satisfactory to the Purchaser in its reasonable determination
and the parties shall have agreed to the information to be
disclosed in the Prospectus Supplement pursuant to the final
paragraph of Section 3 hereof;
(e) All other terms and conditions of this Agreement
required to be complied with on or before the Closing Date
shall have been complied with and the Designated Seller shall
have the ability to comply with all terms and conditions and
perform all duties and obligations required to be complied
with or performed after the Closing Date;
(f) The Closing Date may be postponed or cancelled in the reasonable
discretion of the Purchaser in the event of any material failure by the
Designated Seller to meet its obligations on a timely basis;
(g) All of the terms and conditions of the Underwriting Agreement required
to be complied with on or before the Closing Date shall have been complied with;
and
(h) The Designated Seller shall have paid all fees and expenses payable by
it to the Purchaser.
Both parties agree to use their best efforts to perform their
respective obligations hereunder in a manner which will enable the Purchaser to
purchase the Mortgage Loans on the Closing Date. In the event any of the
foregoing conditions is not satisfied and the failure to satisfy such condition
is attributable to the Designated Seller and is not a direct result of the
Purchaser's failure to perform its duties hereunder, (i) the Purchaser shall
have no obligation to consummate this transaction or continue to participate in
this transaction in any manner and (ii) the Designated Seller shall be
responsible for all net costs and out of pocket expenses for which the Purchaser
may be liable pursuant to this Agreement.
Section 6.2. Closing Documents. The Closing Documents shall consist of the
following:
(a) the Mortgage Loan Files;
(b) This Agreement duly executed by the Purchaser and the Designated
Seller;
(c) Copies of all Basic Documents duly executed by the signatories thereto,
including all exhibits thereto;
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(d) The Underwriting Agreement duly executed by the Purchaser and the
Underwriters, and all exhibits thereto duly executed by all applicable
signatories;
(e) An Officer's Certificate of the Designated Seller
in the form of Exhibit 2 annexed hereto, dated the Closing
Date, and attached thereto resolutions of the board of
directors of the Designated Seller, in a form substantially
similar to Exhibit 3 annexed hereto, together with copies of
the documents governing the Designated Seller's organization
and certificate of good standing of the Designated Seller;
(f) A true and complete copy, certified as such by an
officer of the Designated Seller, of each certificate or other
evidence of merger or change of name, signed or stamped by the
applicable regulatory authority, if any of the Mortgage Loans
were acquired by the Designated Seller by merger or acquired
or originated by the Designated Seller while conducting
business under a name other than its present name;
(g) A cross-receipt dated the Closing Date duly executed by the Designated
Seller and the Underwriters;
(h) A written opinion of General Counsel for the
Designated Seller, substantially in the form of Exhibit 4
annexed hereto, with any modifications required by the Rating
Agencies and the Credit Enhancer, dated the Closing Date and
such other written opinions as may be reasonably required by
the Rating Agencies and the Credit Enhancer; and
(i) Such other documents, certificates and opinions as may be reasonably
required by the Purchaser, Purchaser's counsel, the Rating Agencies or the
Credit Enhancer.
ARTICLE VII
SERVICING
Section 7.1. Servicing. The Designated Seller will service the
Revolving Credit Loans pursuant to the terms and conditions of the Servicing
Agreement and will service the Revolving Credit Loans directly or through one or
more sub-servicers in accordance therewith.
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ARTICLE VIII
INDEMNIFICATION BY THE DESIGNATED SELLER
WITH RESPECT TO THE REVOLVING CREDIT LOANS
Section 8.1. Indemnification With Respect to the Revolving
Credit Loans. The Designated Seller shall indemnify and hold harmless the
Purchaser from and against any loss, liability or expense directly arising from
the breach by the Designated Seller of its representations and warranties in
Section 4.1 of this Agreement which materially and adversely affects the
Purchaser's interest in any Revolving Credit Loan or from the failure by the
Designated Seller to perform its obligations under this Agreement in any
material respect, provided that the Designated Seller shall have no obligation
to indemnify the Purchaser in respect of any loss, liability or expense that
arises as a result of the Purchaser's willful malfeasance, bad faith or
negligence or as a result of the breach by the Purchaser of its obligations
hereunder.
Section 8.2. Limitation on Liability of the Designated Seller.
None of the directors, officers, employees or agents of the Designated Seller
shall be under any liability to the Purchaser, it being expressly understood
that all such liability is expressly waived and released as a condition of, and
as consideration for, the execution of this Agreement. Except as and to the
extent expressly provided in the Servicing Agreement, the Designated Seller
shall not be under any liability to the Issuer, the Trust, the Owner Trustee,
the Indenture Trustee or the Securityholders. The Designated Seller and any
director, officer, employee or agent of the Designated Seller may rely in good
faith on any document of any kind prima facie properly executed and submitted by
any Person respecting any matters arising hereunder.
ARTICLE IX
INDEMNIFICATION
Section 9.1. Indemnification. (a) The Designated Seller agrees
to indemnify and hold harmless the Purchaser and its respective officers and
directors, and each person, if any who controls the Purchaser within the meaning
of either Section 15 of the Securities Act of 1933 (the "1933 Act") or Section
20 of the Securities Exchange Act of 1934 (the "1934 Act") from and against any
and all losses, claims, damages and liabilities caused by any untrue statement
or alleged untrue statement of a material fact contained in any information
furnished by Designated Seller for the Prospectus Supplement, it being
acknowledged that the only information furnished by the Designated Seller for
the Prospectus Supplement and to which this indemnity applies is the information
set forth under the following captions in the Prospectus Supplement:
"Description of the Mortgage Pool", "Servicing of Revolving Credit
Loans--Delinquency and Loss Experience of the Master Servicer's Portfolio",
"Description of the Servicing Agreement--The Master Servicer" and in the
subsections entitled "Master
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Servicer" and "The Mortgage Pool" under the caption entitled "Summary" or
elsewhere in the Prospectus Supplement with respect to the subjects discussed
under such captions if the information is furnished and approved by the
Designated Seller, or caused by any omission or alleged omission by the
Designated Seller to state a material fact required to be stated therein or
necessary to make the statements therein, in light of the circumstances under
which they are made, not misleading.
(b) In case any proceeding (including any governmental
investigation) shall be instituted involving any person in respect of which
indemnity may be sought pursuant to Section 9.1(a) above, such person (the
"indemnified party") shall promptly notify the person against whom such
indemnity may be sought (the "indemnifying party") in writing and the
indemnifying party, upon request of the indemnified party, shall retain counsel
reasonably satisfactory to the indemnified party to represent the indemnified
party and any others the indemnifying party may designate in such proceeding and
shall pay the reasonable fees and disbursements of such counsel related to such
proceeding. In any such proceeding, any indemnified party shall have the right
to retain its own counsel, but the reasonable fees and expenses of such counsel
shall be at the expense of such indemnified party unless (i) the indemnifying
party and the indemnified party shall have mutually agreed to the retention of
such counsel or (ii) the named parties to any such proceeding (including any
impleaded parties) include both the indemnifying party and the indemnified party
and representation of both parties by the same counsel would be inappropriate
due to actual or potential differing interests between them. It is understood
that the indemnifying party shall not, in connection with any proceeding or
related proceedings in the same jurisdiction, be liable for the reasonable fees
and expenses of more than one separate firm for all such indemnified parties.
The indemnifying party may, at its option, at any time upon written notice to
the indemnified party, assume the defense of any proceeding and may designate
counsel satisfactory to the indemnified party in connection therewith provided
that the counsel so designated would have no actual or potential conflict of
interest in connection with such representation. Unless it shall assume the
defense of any proceeding, the indemnifying party shall not be liable for any
settlement of any proceeding effected without its written consent, but if
settled with such consent or if there be a final judgment for the plaintiff, the
indemnifying party agrees to indemnify the indemnified party from and against
any loss or liability by reason of such settlement or judgment. If the
indemnifying party assumes the defense of any proceeding, it shall be entitled
to settle such proceeding with the consent of the indemnified party or, if such
settlement provides for release of the indemnified party in connection with all
matters relating to the proceeding which have been asserted against the
indemnified party in such proceeding by the other parties to such settlement,
without the consent of the indemnified party.
(c) If the indemnification provided for in this Section 9.1 is
unavailable to an indemnified party under Section 9.1(a) hereof then the
indemnifying party, in lieu of indemnifying such indemnified party, shall
contribute to the amount paid or payable by such indemnified party as a result
of such losses, claims, damages or liabilities, in such proportion as is
appropriate to reflect the relative fault of the indemnified and indemnifying
parties in
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connection with the statements or omissions which resulted in such losses,
claims, damages or liabilities, as well as any other relevant equitable
considerations. The relative fault of the indemnified and indemnifying parties
shall be determined by reference to, among other things, whether the untrue or
alleged untrue statement of a material fact or the omission or alleged omission
to state a material fact relates to information supplied by such parties and the
parties' relative intent, knowledge, access to information and opportunity to
correct or prevent such statement or omission.
(d) The Purchaser and the Designated Seller agree that it
would not be just and equitable if contribution pursuant to Section 9.1(c) were
determined by pro rata allocation or by any other method of allocation which
does not take account of the considerations referred to in Section 9.1(c) above.
The amount paid or payable by an indemnified party as a result of the losses,
claims, damages and liabilities referred to in this Section 9.1 shall be deemed
to include, subject to the limitations set forth above, any legal or other
expenses reasonably incurred by such indemnified party in connection with
investigating or defending any such action or claim, except where the
indemnified party is required to bear such expenses pursuant to this Section
9.1, which expenses the indemnifying party shall pay as and when incurred, at
the request of the indemnified party, to the extent that the indemnifying party
will be ultimately obligated to pay such expenses. In the event that any
expenses so paid by the indemnifying party are subsequently determined to not be
required to be borne by the indemnifying party hereunder, the party which
received such payment shall promptly refund the amount so paid to the party
which made such payment. No person guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the 1933 Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent
misrepresentation.
(e) The indemnity and contribution agreements contained in
this Section 9.1 shall remain operative and in full force and effect regardless
of (i) any termination of this Agreement, (ii) any investigation made by the
Purchaser or any person controlling the Purchaser or by or on behalf of the
Designated Seller and their respective directors or officers or any person
controlling the Designated Seller, and (iii) acceptance of and payment for any
of the Certificates.
ARTICLE X
TERMINATION
Section 10.1. Termination. The respective obligations and responsibilities
of the Designated Seller and the Purchaser created hereby shall terminate,
except for the Designated Seller's indemnity obligations as provided herein,
upon the termination of the Owner Trust pursuant to the terms of the Trust
Agreement.
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ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.1. Amendment. This Agreement may be amended from
time to time by the Designated Seller and the Purchaser by written agreement
signed by the Designated Seller and the Purchaser, with the consent of the
Credit Enhancer (which consent shall not be unreasonably withheld).
Section 11.2. GOVERNING LAW. THIS AGREEMENT SHALL BE
GOVERNED BY AND 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.
Section 11.3. Costs. The Designated Seller shall pay directly
all of its own expenses, including out-of-pocket expenses and its attorney fees,
and its rating agency fees. In addition, in the event that this Agreement is
terminated, the Designated Seller will pay to the Purchaser an amount equal to
the Purchaser's out-of-pocket expenses, including but not limited to attorney's
fees and costs related to any examination by the Purchaser or its designee of
the Mortgage Files of the Designated Seller.
Section 11.4. Notices. 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 registered mail, postage prepaid, addressed
as follows:
(i) if to the Designated Seller:
GMAC Mortgage Corporation
100 Witmer Road
Horsham, Pennsylvania 10944
David M. Applegate, Chief Financial Officer
Attention: Home Equity Loan Trust 1997-GMACM4
or, such other address as may hereafter be furnished to the Purchaser in writing
by the Designated Seller.
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(ii) if to the Purchaser:
Residential Funding Mortgage Securities II, Inc.
8400 Normandale Lake Boulevard
Suite 700
Minneapolis, Minnesota 55437
Attention: Home Equity Loan Trust 1997-GMACM4
or such other address as may hereafter be furnished to the Designated Seller in
writing by the Purchaser.
Section 11.5. 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, provisions or terms of this Agreement and shall in no way affect the
validity of enforceability of the other provisions of this Agreement.
Section 11.6. Relationship of Parties. Nothing herein
contained shall be deemed or construed to create a partnership or joint venture
between the parties hereto, and the services of the Designated Seller shall be
rendered as an independent contractor and not as agent for the Purchaser.
Section 11.7. 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
and such counterparts, together, shall constitute one and the same agreement.
Section 11.8. Further Agreements. The Purchaser and the Designated Seller
each agree to execute and deliver to the other such additional documents,
instruments or agreements as may be necessary or appropriate to effectuate the
purposes of this Agreement.
Section 11.9. Intention of the Parties. It is the intention of
the parties that the Purchaser is purchasing, and the Designated Seller is
selling, the Revolving Credit Loans, rather than a loan by the Purchaser to the
Designated Seller secured by the Revolving Credit Loans. Accordingly, the
parties hereto each intend to treat the transaction for Federal income tax
purposes as a sale by the Designated Seller, and a purchase by the Purchaser, of
the Revolving Credit Loans. The Purchaser will have the right to review the
Revolving Credit Loans and the Related Documents to determine the
characteristics of the Revolving Credit Loans which will affect the Federal
income tax consequences of owning the Revolving Credit Loans and the Designated
Seller will cooperate with all reasonable requests made by the Purchaser in the
course of such review.
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Section 11.10. Successors and Assigns; Assignment of This
Agreement. This Agreement shall bind and inure to the benefit of and be
enforceable by the Designated Seller, Purchaser and their respective successors
and assigns. The obligations of the Designated Seller under this Agreement
cannot be assigned or delegated to a third party without the consent of the
Credit Enhancer and the Purchaser, which consent shall be at the Purchaser's
sole discretion, except that the Purchaser and the Credit Enhancer acknowledge
and agree that the Designated Seller may assign its obligations hereunder to any
Affiliate of the Designated Seller, to any Person succeeding to the business of
the Designated Seller, to any Person into which the Designated Seller is merged
and to any Person resulting from any merger, conversion or consolidation to
which the Designated Seller is a party. The parties hereto acknowledge that the
Purchaser is acquiring the Revolving Credit Loans for the purpose of
contributing them to the Home Equity Loan Trust 1997-GMACM4. Pursuant to the
terms of the Trust Agreement, the Issuer will issue and transfer to or at the
direction of the Purchaser, the Certificates and pursuant to the terms of the
Indenture, the Issuer will issue and transfer to or at the direction of the
Purchaser, the Notes secured by the Revolving Credit Loans. As an inducement to
the Purchaser to purchase the Revolving Credit Loans, the Designated Seller
acknowledges and consents to (i) the assignment by the Purchaser to the Issuer
of all of the Purchaser's rights against the Designated Seller pursuant to this
Agreement insofar as such rights relate to Revolving Credit Loans transferred to
the Issuer and to the enforcement or exercise of any right or remedy against the
Designated Seller pursuant to this Agreement by the Issuer, (ii) the enforcement
or exercise of any right or remedy against the Designated Seller pursuant to
this Agreement by or on behalf of the Issuer and (iii) the Issuer's pledge of
its interest in this Agreement to the Indenture Trustee and the enforcement by
the Indenture Trustee of any such right or remedy against the Designated Seller
following an Event of Default under the Indenture. Such enforcement of a right
or remedy by the Issuer or the Indenture Trustee, as applicable, shall have the
same force and effect as if the right or remedy had been enforced or exercised
by the Purchaser directly.
Section 11.11. Survival. The representations and warranties made herein by
the Designated Seller and the provisions of Article VIII hereof shall survive
the purchase of the Revolving Credit Loans hereunder.
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IN WITNESS WHEREOF, the Designated Seller and the Purchaser
have caused their names to be signed to this Designated Seller's Agreement by
their respective officers thereunto duly authorized as of the day and year first
above written.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
as Purchaser
By:
Name: Diane Wold
Title: Vice President
GMAC MORTGAGE CORPORATION
as Designated Seller
By:
Title:
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<PAGE>
EXHIBIT 1
REVOLVING CREDIT LOAN SCHEDULE
09/10/97 1997-HS2 LOAN LISTING 1
Address Orig Term Curr Rate Principal Bal
City Rem Term Margin Credit Limit Maturity
Zip Code Loan Number CLTV Ceiling Appr Value Note Date
Debt Ratio Sr Lien
FRANKLIN TN 10.49%
UNKNW 120 1.99 $40,025.16
TN 2578005 90.00 107 50000.00 7/2/96
37064 39 12:00 AM
HERINGTO KS 120 $22,392.23
UNKNW 107 0.99 22600.00 7/24/06
KS 2578006 80.00 7/24/96
67449 40
9.49%
ROCHESTE NY 120 $10,226.31
UNKNW 106 2.75 10500.00 6/21/06
NY 2578007 90.00 6/21/96
14624 36
11.25%
3506 QUAIL HILL DRIVE 120 $12,613.27
MIDLOTHIAN 107 0.99 13000.00 7/24/06
VA 2578008 80.00 7/24/96
23112 44
9.49%
CORAL GABLES FL 120 $22,929.48
UNKNW 107 1.99 23000.00 7/22/06
FL 2578009 90.00 7/22/96
33134 26
10.49%
NORTH BELLMORE NY 120 $19,470.63
UNKNW 107 0.99 30000.00 7/5/06
NY 2578010 73.00 7/5/96
11710 23
9.49%
422 GARFIELD AVE 120 $56,100.18
AVON BY THE SEA 107 0.99 100000.00 7/18/06
NJ 2578011 44.00 7/18/96
07717 49
9.49%
TAMPA FL 120 $39,382.67
UNKNW 107 0.99 40000.00 7/11/06
FL 2578012 77.00 7/11/96
33606 45
9.49%
5340 HOLLYHOCK LANE 120 $9,871.48
BOSSIER CITY 108 0.99 10000.00 8/6/06
LA 2578013 78.00 8/6/96
71112 16
9.49%
SANTA CLARITA CA
UNKNW 120 0.99 $23,353.88
CA 2578014 48.00 107 50000.00 7/10/96
91354 26 12:00 AM
9.49%
SCHNECKS PA 120 $24,694.80
UNKNW 107 1.75 25000.00 7/1/06
PA 2578015 56.00 7/1/96
18078 37
10.25%
FOOTHILL RANCH CA 120 $36,874.05
UNKNW 106 1.99 40000.00 6/28/06
CA 2578016 87.00 6/28/96
92610 35
10.49%
481 ROLLING DRIVE 120 $13,048.58
WEST CHESTER 107 0.99 30000.00 7/25/06
PA 2578017 77.00 7/25/96
19380 33
9.49%
P O BOX 36 120 $149,996.00
NEW LISBON 108 0.99 150000.00 8/21/06
NY 2578018 97.00 8/21/96
13415 18
9.49%
7510 HAPPY VALLEY RD. 120 $1,406.84
TAFTSVILLE 108 0.99 15000.00 8/7/06
VT 2578019 78.00 8/7/96
05073 29
9.49%
FLOWERY BRANCH GA 120 $15,977.38
UNKNW 107 2.75 16000.00 7/1/06
MI 2578020 88.00 7/1/96
30542 31
11.25%
BETHEL ISLAND CA 120 $37,305.22
UNKNW 107 1.75 94500.00 7/1/06
CA 2578021 80.00 7/1/96
94511 35
10.25%
172 HWY 344 120 $28,559.46
EDGEWOOD 107 0.99 28700.00 7/19/06
NM 2578022 80.00 7/19/96
87015 36
9.49%
HUNTSVIL AL 120 $21,540.77
UNKNW 106 0.99 25000.00 6/27/06
AL 2578023 80.00 6/27/96
35803 30
9.49%
88 DEAN ROAD 120 $19,420.78
TAWAS CITY 107 0.99 19500.00 7/23/06
MI 2578024 80.00 7/23/96
48763 45
9.49%
MILLERS CREEK NC
UNKNW 120 0.99 $25,916.71
NC 2578025 80.00 107 28000.00 7/1/96
28651 23 12:00 AM
9.49%
ENGLEWOO CO 120 $9,665.22
UNKNW 108 0.99 10400.00 8/15/06
CO 2578026 80.00 8/15/96
80112 30
9.49%
1648 KINGHAM WAY 120 $34,380.40
FULLERTON 107 0.99 50000.00 7/18/06
CA 2578027 69.00 7/18/96
92633 45
9.49%
CANTON MI 120 $19,718.73
UNKNW 107 1.99 20000.00 7/5/06
MI 2578028 90.00 7/5/96
48188 38
10.49%
21521 AMAPOLA AVENUE 120 $8,581.87
TORRANCE 107 0.99 21400.00 7/15/06
CA 2578029 80.00 7/15/96
90501 32
9.49%
42 LITTLE SILVER PARKWAY 120 $19,580.61
LITTLE SILVER 107 0.99 30000.00 7/24/06
NJ 2578030 28.00 7/24/96
07739 22
9.49%
QUEENS NY 120 $33,350.00
UNKNW 106 1.75 50000.00 6/19/06
NY 2578031 65.00 6/19/96
11375 34
10.25%
SAINT LOUIS MO 120 $10,017.55
UNKNW 106 1.75 12300.00 6/26/06
MO 2578032 80.00 6/26/96
63138 31
10.25%
127 SMOKY HILL ROAD 120 $12,581.25
MANSFIELD 107 1.99 13000.00 7/17/06
LA 2578033 90.00 7/17/96
71052 44
10.49%
BAY CITY MI 120 $57,500.00
UNKNW 106 1.25 57500.00 6/24/06
MI 2578034 80.00 6/24/96
48708 31
9.75%
463 WALTON FERRY ROAD 120 $9,733.33
************** 107 2.00 10000.00 7/18/06
TN 2578035 76.00 7/18/96
37075 27
10.5%
GRANTS PASS OR
UNKNW 120 0.99 $94,294.00
OR 2578036 80.00 109 94600.00 9/4/96
97526 41 12:00 AM
9.49%
CAMDEN ME 120 $13,099.44
SIMONTON R 107 0.99 14000.00 7/12/06
ME 2578037 80.00 7/12/96
04843 41
9.49%
S. NEW BERLIN NY 120 $49,461.34
UNKNW 107 1.75 50000.00 7/11/06
NY 2578038 77.00 7/11/96
13843 24
10.25%
LAWRENCE NJ 120 $28,685.01
UNKNW 107 2.75 31500.00 7/8/06
NJ 2578039 89.00 7/8/96
08648 31
11.25%
ELMWOOD PARK NJ 120 $55,079.60
UNKNW 107 0.99 55400.00 7/11/06
NJ 2578040 80.00 7/11/96
07407 37
9.49%
ENGLEWOO CO 120 $49,000.00
UNKNW 107 1.75 50000.00 7/1/06
CO 2578041 80.00 7/1/96
80111 42
10.25%
TROY MI 120 $13,083.31
UNKNW 106 1.75 15500.00 6/25/06
MI 2578042 80.00 6/25/96
48083 32
10.25%
DENVER CO 120 $22,696.46
UNKNW 107 0.99 30000.00 7/3/06
CO 2578043 57.00 7/3/96
80206 27
9.49%
1603 WINDING CREEK ROAD 120 $18,591.63
ELIZABETHTOWN 107 1.99 19000.00 7/30/06
NC 2578044 90.00 7/30/96
28337 39
10.49%
71 MOUNTAIN SHADOW WAY 120 $34,215.81
SNOWMASS 108 0.99 35000.00 8/14/06
CO 2578045 66.00 8/14/96
81654 46
9.49%
MECHANIC PA 120 $13,823.75
UNKNW 107 1.99 25000.00 7/9/06
PA 2578046 82.00 7/9/96
17055 44
10.49%
PHOENIX AZ
UNKNW 120 0.99 $17,000.00
AZ 2578047 56.00 107 25100.00 7/5/96
85048 36 12:00 AM
9.49%
RT 1 BOX CC9 COUNTRY CLUB 120 $27,216.36
HENNESSEY 106 0.99 30000.00 6/26/06
OK 2578048 80.00 6/26/96
73742 43
9.49%
4173 NW TOWNLINE RD 120 $22,063.21
MARCELLUS 108 0.99 29000.00 8/13/06
NY 2578049 77.00 8/13/96
13108 45
9.49%
HIGHLAND MI 120 $54,593.61
UNKNW 107 0.99 100000.00 7/16/06
MI 2578050 71.00 7/16/96
48356 33
9.49%
PHILADEL PA 120 $9,634.48
UNKNW 107 0.99 10000.00 7/11/06
PA 2578051 75.00 7/11/96
19149 42
9.49%
R.R. #3, BOX 284 120 $18,238.88
RICHLAND 106 0.99 30000.00 6/25/06
WI 2578052 71.00 6/25/96
53581 42
9.49%
PHOENIX AZ 120 $28,720.00
UNKNW 106 0.99 40000.00 6/27/06
AZ 2578053 49.00 6/27/96
85028 30
9.49%
ROCHESTE HILL MI 120 $16,054.83
UNKNW 107 0.99 50000.00 7/3/06
MI 2578054 68.00 7/3/96
48306 17
9.49%
N HUNTINGDON PA 120 $35,305.83
UNKNW 107 0.99 38800.00 7/17/06
PA 2578055 80.00 7/17/96
15642 18
9.49%
1040 BROADVIEW PLACE 120 $29,966.13
COLORADO 107 1.99 30000.00 7/22/06
CO 2578056 83.00 7/22/96
80904 35
10.49%
SAGINAW MI 120 $29,811.76
UNKNW 106 1.50 34200.00 6/24/06
MI 2578057 80.00 6/24/96
48603 25
10.%
SIERRA VISTA AZ
UNKNW 120 2.75 $25,198.25
AZ 2578058 90.00 106 25100.00 6/26/96
85635 32 12:00 AM
11.25%
FRANKLIN NY 120 $47,996.62
UNKNW 107 0.99 48000.00 7/1/06
NY 2578059 80.00 7/1/96
14737 34
9.49%
3282 BEAR RUN RD 120 $34,678.21
S WEBSTER 108 0.99 35000.00 8/5/06
OH 2578060 80.00 8/5/96
45682 32
9.49%
LIVONIA MI 120 $94,463.57
UNKNW 106 0.00 140000.00 6/26/06
MI 2578061 70.00 6/26/96
48154 15
8.5%
4931 BLUEBELL AVENUE 120 $55,000.00
LOS ANGELES 109 0.99 55000.00 9/19/06
CA 2578062 80.00 9/19/96
91607 34
9.49%
116 REFLECTIONS 120 $34,087.44
AUBURNDALE 108 0.99 35000.00 8/8/06
FL 2578063 75.00 8/8/96
33823 38
9.49%
2658 SMYRNA LANDING ROAD 120 $11,691.87
SMYRNA 107 3.00 25000.00 7/11/06
DE 2578064 86.00 7/11/96
19977 37
11.5%
TEMECULA CA 120 $12,693.45
UNKNW 106 3.00 12700.00 6/17/06
CA 2578065 90.00 6/17/96
92592 33
11.5%
LOCKPORT NY 120 $63,798.63
UNKNW 106 1.00 96000.00 6/17/06
NY 2578066 80.00 6/17/96
14094 28
9.5%
WONDER LAKE IL 120 $6,017.57
UNKNW 107 1.99 12500.00 7/11/06
IL 2578067 90.00 7/11/96
60097 37
10.49%
6635 RICHARD ROAD 120 $19,218.91
LANSING 108 1.99 19400.00 8/16/06
MI 2578068 90.00 8/16/96
48911 42
10.49%
PATTERSO NY
UNKNW 120 3.00 $18,211.39
NY 2578069 84.00 106 30000.00 6/18/96
12563 24 12:00 AM
11.5%
735 WILLOW CREEK DRIVE 120 $21,542.60
AMHERST 111 1.99 39000.00 11/6/06
OH 2578070 90.00 11/6/96
44001 40
10.49%
105 CHAPEL LANE 120 $31,864.17
DAGSBORO 107 0.99 32000.00 7/7/06
DE 2578071 85.00 7/7/96
19939 42
9.49%
ROCHESTE HILLS MI 120 $35,000.00
UNKNW 106 2.25 42000.00 6/18/06
MI 2578072 90.00 6/18/96
48306 13
10.75%
QUEENSTO MD 120 $18,371.87
UNKNW 107 0.99 21600.00 7/3/06
MD 2578073 80.00 7/3/96
21658 33
9.49%
MARION IA 120 $9,975.78
UNKNW 106 0.99 10000.00 6/24/06
IA 2578074 80.00 6/24/96
52302 41
9.49%
768 NORTH 63RD STREET 120 $9,834.06
SAN DIEGO 107 1.99 10000.00 7/18/06
CA 2578075 90.00 7/18/96
92114 38
10.49%
POINT PLEASANT NJ 120 $29,603.74
UNKNW 107 0.99 30000.00 7/3/06
NJ 2578076 79.00 7/3/96
08742 40
9.49%
MIAMI FL 120 $12,742.37
UNKNW 106 0.99 25000.00 6/21/06
FL 2578077 80.00 6/21/96
33193 35
9.49%
WEST BRANCH MI 120 $12,252.34
UNKNW 106 0.99 13500.00 6/20/06
MI 2578078 80.00 6/20/96
48661 38
9.49%
COCOA FL 120 $6,034.54
UNKNW 106 0.99 11000.00 6/27/06
FL 2578079 30.00 6/27/96
32922 34
9.49%
1 SARGENT QUARRY ROAD
AMHERST 120 1.99 $21,169.72
NH 2578080 90.00 107 24700.00 7/26/96
03031 25 12:00 AM
10.49%
HOUSE SPRINGS MO 120 $18,874.48
UNKNW 106 1.75 20000.00 6/14/06
MO 2578081 73.00 6/14/96
63051 43
10.25%
SUSSEX NJ 120 $8,143.79
UNKNW 106 0.99 30000.00 6/27/06
NJ 2578082 77.00 6/27/96
07461 27
9.49%
ALPHARET GA 120 $43,224.08
UNKNW 106 2.75 43600.00 6/17/06
GA 2578083 90.00 6/17/96
30023 37
11.25%
GLEN ALLEN VA 120 $29,500.00
UNKNW 106 2.75 31500.00 6/21/06
VA 2578084 90.00 6/21/96
23060 26
11.25%
2190 POTTS HILL ROAD 120 $26,692.01
ETTERS 107 1.99 26900.00 7/23/06
PA 2578085 90.00 7/23/96
17319 24
10.49%
CHICAGO IL 120 $26,912.47
UNKNW 106 0.99 29000.00 6/26/06
IL 2578086 80.00 6/26/96
60607 37
9.49%
WESTLAND MI 120 $28,117.46
UNKNW 107 0.99 33600.00 7/23/06
MI 2578087 37.00 7/23/96
48185 29
9.49%
168 WICOMICO DRIVE 120 $24,823.76
NEW MARKET 107 0.99 25000.00 7/24/06
MD 2578088 63.00 7/24/96
21774 38
9.49%
15753 DEARBORN 120 $18,984.92
OVERLAND PARK 107 0.99 25800.00 7/18/06
KS 2578089 80.00 7/18/96
66223 37
9.49%
JOHNSONV SC 120 $17,917.16
UNKNW 107 0.99 20000.00 7/2/06
SC 2578090 36.00 7/2/96
29555 18
9.49%
GORHAM ME
UNKNW 120 0.99 $10,398.20
ME 2578091 80.00 107 10400.00 7/11/96
04038 38 12:00 AM
9.49%
CAMPBELL OH 120 $14,982.46
UNKNW 107 0.99 15000.00 7/11/06
OH 2578092 40.00 7/11/96
44405 27
9.49%
7933 NORWOOD 120 $27,607.56
PRAIRIE VILLAGE 107 0.99 30000.00 7/12/06
KS 2578093 50.00 7/12/96
66208 19
9.49%
FARMINGT MI 120 $15,057.17
UNKNW 106 2.00 17000.00 6/14/06
MI 2578094 80.00 6/14/96
48331 0
10.5%
CHESTERF MO 120 $21,702.62
UNKNW 106 1.50 50000.00 6/13/06
MO 2578095 74.00 6/13/96
63005 0
10.%
PEVELY MO 120 $19,102.79
UNKNW 106 3.00 19200.00 6/13/06
MO 2578096 33.00 6/13/96
63070 0
11.5%
BURTON MI 120 $323.61
UNKNW 106 2.75 75200.00 6/14/06
MI 2578097 90.00 6/14/96
48509 0
11.25%
3515 CHRISTY WAY NORTH 120 $40,179.27
SAGINAW 107 1.99 40000.00 7/31/06
MI 2578098 89.00 7/31/96
48603 0
10.49%
WHEATON IL 120 $24,708.33
UNKNW 107 0.99 26000.00 7/5/06
IL 2578099 80.00 7/5/96
60187 36
9.49%
CENTERVI OH 120 $11,295.74
UNKNW 106 0.99 30000.00 6/26/06
OH 2578100 71.00 6/26/96
45458 41
9.49%
773 WOODS COURT 120 $11,914.01
WALLED LAKE 107 0.99 14000.00 7/15/06
MI 2578101 80.00 7/15/96
48390 39
9.49%
TARENTUM PA
UNKNW 120 0.99 $28,396.99
PA 2578102 36.00 107 30000.00 7/1/96
15084 38 12:00 AM
9.49%
BLACKSBU VA 120 $20,213.41
UNKNW 106 2.00 53400.00 6/13/06
VA 2578103 80.00 6/13/96
24060 28
10.5%
GREENWOO MN 120 $66,582.49
UNKNW 107 0.99 81000.00 7/19/06
MN 2578104 75.00 7/19/96
55331 24
9.49%
PO BOX 250004 120 $80,434.22
3175 WEST LAKE 108 0.99 100000.00 8/6/06
WY 2578105 45.00 8/6/96
83001 44
9.49%
BOISE ID 120 $12,917.27
UNKNW 106 0.99 13000.00 6/26/06
ID 2578106 51.00 6/26/96
83704 28
9.49%
NORTH BRANCH MI 120 $79,816.07
UNKNW 107 0.99 80000.00 7/11/06
MI 2578107 80.00 7/11/96
48461 37
9.49%
POCASSET MA 120 $27,550.45
UNKNW 107 1.99 28700.00 7/2/06
MA 2578108 90.00 7/2/96
02559 41
10.49%
WARREN MI 120 $21,803.71
UNKNW 106 0.99 23000.00 6/21/06
MI 2578109 80.00 6/21/96
48093 30
9.49%
15 BIRKETT STREET 120 $67,684.01
CARBONDALE 108 0.99 68000.00 8/1/06
PA 2578110 80.00 8/1/96
18407 28
9.49%
HARRISBU OR 120 $20,737.68
UNKNW 106 0.99 25100.00 6/24/06
OR 2578111 54.00 6/24/96
97446 29
9.49%
SANDWICH IL 120 $67,813.55
UNKNW 106 0.99 69000.00 6/24/06
IL 2578112 80.00 6/24/96
60548 33
9.49%
538 ELM HILL ROAD
SOUTH PARIS 120 1.99 $21,397.03
ME 2578113 90.00 107 21400.00 7/16/96
04281 42 12:00 AM
10.49%
647 RAMBLEWOOD PLACE 120 $14,289.64
FAIRBORN 107 1.99 29900.00 7/19/06
OH 2578114 90.00 7/19/96
45324 42
10.49%
HAMPSTEA NH 120 $14,994.59
P O BOX # 106 0.99 15000.00 6/25/06
NH 2578115 76.00 6/25/96
03841 44
9.49%
NELSONVI OH 120 $29,648.57
UNKNW 106 0.99 30000.00 6/25/06
OH 2578116 67.00 6/25/96
45764 44
9.49%
21842 MOUNTSIDE DRIVE 120 $34,320.35
NORTH AUGUSTA 107 0.99 35000.00 7/12/06
SC 2578117 76.00 7/12/96
29841 43
9.49%
HOPKINSV KY 120 $20,716.77
UNKNW 105 0.99 25000.00 5/24/06
KY 2578118 70.00 5/24/96
42240 0
9.49%
YADKINVI NC 120 $14,967.07
UNKNW 106 0.99 15000.00 6/23/06
NC 2578119 13.00 6/23/96
27055 16
9.49%
PENDLETO N.T. NY 120 $24,373.46
UNKNW 106 0.99 25000.00 6/24/06
NY 2578120 46.00 6/24/96
14120 44
9.49%
BLOOMFIE HILLS MI 120 $23,709.93
UNKNW 107 0.99 23900.00 7/3/06
MI 2578121 80.00 7/3/96
48302 30
9.49%
FREMONT CA 120 $28,816.29
UNKNW 107 0.99 30000.00 7/11/06
CA 2578122 67.00 7/11/96
94538 40
9.49%
CONVERSE IN 120 $28,283.73
UNKNW 106 0.99 28800.00 6/26/06
IN 2578123 80.00 6/26/96
46919 19
9.49%
HERMITAG TN
UNKNW 120 1.99 $20,447.04
TN 2578124 90.00 107 24800.00 7/18/96
37076 39 12:00 AM
10.49%
SAINT PETERS MO 120 $15,022.93
UNKNW 106 0.99 15500.00 6/20/06
MO 2578125 80.00 6/20/96
63376 30
9.49%
MONTAGUE MI 120 $18,970.87
UNKNW 107 1.99 19000.00 7/3/06
MI 2578126 90.00 7/3/96
49437 41
10.49%
1276 ARROWWOOD CIRCLE 120 $9,554.04
GRAND BLANC 107 0.99 10000.00 7/31/06
MI 2578127 62.00 7/31/96
48439 29
9.49%
FRANKLIN MA 120 $39,668.03
UNKNW 108 0.99 40000.00 8/8/06
MA 2578128 22.00 8/8/96
02038 45
9.49%
4490 CLEVELAND AVENUE 120 $41,938.47
STEVENSVILLE 107 0.99 42000.00 7/29/06
MI 2578129 80.00 7/29/96
49127 34
9.49%
VALINDA CA 120 $24,182.78
UNKNW 108 0.99 30000.00 8/27/06
CA 2578130 34.00 8/27/96
91744 30
9.49%
CANDIA NH 120 $2,917.92
UNKNW 106 1.75 53900.00 6/14/06
NH 2578131 80.00 6/14/96
03034 40
10.25%
FAIR HAVEN MI 120 $37,099.14
UNKNW 106 1.75 41500.00 6/12/06
MI 2578132 80.00 6/12/96
48023 38
10.25%
59228 ALBERT LANE 120 $11,337.17
NEW HUDSON 107 0.99 40000.00 7/16/06
MI 2578133 56.00 7/16/96
48165 22
9.49%
LENOX IA 120 $12,096.91
UNKNW 106 0.99 12200.00 6/28/06
IA 2578134 80.00 6/28/96
50851 35
9.49%
12362 BAJA PANORAMA
SANTA ANA 120 0.99 $86,944.36
CA 2578135 58.00 107 100000.00 7/19/96
92705 31 12:00 AM
9.49%
SAGINAW MI 120 $21,039.37
UNKNW 107 1.99 23500.00 7/9/06
MI 2578136 90.00 7/9/96
48609 33
10.49%
HOOKSETT NH 120 $22,678.38
UNKNW 107 3.00 22700.00 7/3/06
NH 2578137 90.00 7/3/96
03106 38
11.5%
WASHINGT MI 120 $18,390.78
UNKNW 106 1.75 74000.00 6/13/06
MI 2578138 80.00 6/13/96
48094 45
10.25%
JACKSONV FL 120 $22,126.14
UNKNW 106 2.00 50000.00 6/21/06
FL 2578139 75.00 6/21/96
32223 26
10.5%
MILTON VT 120 $2,804.95
UNKNW 106 3.00 10000.00 6/24/06
VT 2578140 89.00 6/24/96
05468 31
11.5%
COTTAGE GROVE OR 120 $13,485.71
UNKNW 106 2.00 25000.00 6/14/06
OR 2578141 65.00 6/14/96
97424 31
10.5%
315 KENILWORTH ROAD 120 $72,437.95
GREENVILLE 107 0.99 75000.00 7/24/06
NC 2578142 68.00 7/24/96
27858 45
9.49%
ESPARTO CA 120 $34,826.56
UNKNW 107 0.99 35000.00 7/16/06
CA 2578143 65.00 7/16/96
95627 47
9.49%
WARRENTO MO 120 $13,906.78
UNKNW 106 1.75 14500.00 6/28/06
MO 2578144 80.00 6/28/96
63383 23
10.25%
7370 CREEKRIDGE ROAD 120 $49,892.81
RICHMOND 107 0.99 50000.00 7/18/06
VA 2578145 71.00 7/18/96
23231 28
9.49%
BURLINGT VT
UNKNW 120 1.99 $16,948.48
VT 2578146 90.00 107 17600.00 7/17/96
05401 40 12:00 AM
10.49%
HIGHLAND RANCH CO 120 $1,039.67
UNKNW 106 0.99 22900.00 6/25/06
CO 2578147 80.00 6/25/96
80126 32
9.49%
11916 KENNEDY LANE 120 $15,935.59
************** 107 1.99 16000.00 7/24/06
VA 2578148 84.00 7/24/96
22407 29
10.49%
O FALLON MO 120 $33,051.65
UNKNW 106 1.50 38400.00 6/13/06
MO 2578149 80.00 6/13/96
63366 42
10.%
LIVONIA MI 120 $39,880.55
UNKNW 106 1.25 45000.00 6/14/06
MI 2578150 79.00 6/14/96
48154 19
9.75%
LOVELAND CO 120 $15,732.63
UNKNW 106 2.00 25000.00 6/13/06
CO 2578151 61.00 6/13/96
80537 22
10.5%
MOUNT TABOR NJ 120 $14,612.15
UNKNW 106 3.00 40400.00 6/17/06
NJ 2578152 90.00 6/17/96
07878 36
11.5%
QUINCY CA 120 $9,540.34
UNKNW 106 3.00 12200.00 6/10/06
CA 2578153 90.00 6/10/96
95971 39
11.5%
HAMPTON NH 120 $20,192.86
UNKNW 106 2.00 21400.00 6/27/06
NH 2578154 80.00 6/27/96
03842 47
10.5%
TAMPA FL 120 $8,838.33
UNKNW 106 0.99 57000.00 6/28/06
FL 2578155 80.00 6/28/96
33606 24
9.49%
O FALLON IL 120 $8,688.08
UNKNW 106 0.99 11500.00 6/12/06
IL 2578156 25.00 6/12/96
62269 40
9.49%
VERMONTV MI
UNKNW 120 1.99 $20,672.58
MI 2578157 90.00 107 20700.00 7/9/96
49096 20 12:00 AM
10.49%
TULSA OK 120 $17,850.83
UNKNW 107 0.99 19000.00 7/2/06
OK 2578158 65.00 7/2/96
74105 36
9.49%
SUTTER CREEK CA 120 $152,995.70
UNKNW 106 1.25 153000.00 6/20/06
CA 2578159 80.00 6/20/96
95685 49
9.75%
VICKSBUR MS 120 $9,561.49
UNKNW 107 1.99 10000.00 7/9/06
MS 2578160 90.00 7/9/96
39180 32
10.49%
BIXBY OK 120 $28,254.65
UNKNW 106 0.99 30000.00 6/19/06
OK 2578161 52.00 6/19/96
74008 34
9.49%
BURLINGT NJ 120 $7,451.84
UNKNW 106 0.99 19000.00 6/24/06
NJ 2578162 78.00 6/24/96
08016 46
9.49%
BISMARK ND 60 $8,994.06
UNKNW 47 0.99 15000.00 7/9/01
ND 2578163 80.00 7/9/96
58504 39
9.49%
GREENSBO NC 120 $25,191.52
UNKNW 106 2.75 25700.00 6/14/06
NC 2578164 90.00 6/14/96
27410 40
11.25%
YORK PA 120 $1,800.00
UNKNW 106 2.00 10500.00 6/20/06
PA 2578165 77.00 6/20/96
17402 45
10.5%
BALTIMOR MD 120 $24,073.37
UNKNW 106 0.99 40300.00 6/11/06
MD 2578166 80.00 6/11/96
21207 40
9.49%
CLARKSTO MI 120 $11,258.18
UNKNW 106 1.75 25900.00 6/18/06
MI 2578167 80.00 6/18/96
48348 34
10.25%
FENTON MI
UNKNW 120 1.75 $24,680.48
MI 2578168 80.00 106 25000.00 6/12/96
48430 39 12:00 AM
10.25%
3293 ELDERWOOD 120 $32,400.00
HOLLAND 107 1.99 32400.00 7/11/06
MI 2578169 90.00 7/11/96
49424 44
10.49%
INDIANAP IN 120 $20,000.00
UNKNW 106 0.99 22000.00 6/12/06
IN 2578170 79.00 6/12/96
46278 29
9.49%
STAMFORD CT 120 $38,408.60
UNKNW 107 0.99 50000.00 7/12/06
ME 2578171 46.00 7/12/96
06905 10
9.49%
HAMBURG NY 120 $13,660.28
UNKNW 106 3.00 13700.00 6/17/06
NY 2578172 90.00 6/17/96
14075 31
11.5%
BARTO PA 120 $19,398.79
UNKNW 106 3.00 19500.00 6/6/06
PA 2578173 90.00 6/6/96
19504 35
11.5%
WILMINGT DE 120 $24,606.39
UNKNW 106 0.99 25000.00 6/13/06
DE 2578174 80.00 6/13/96
19806 28
9.49%
H C R #1 BOX 485 A 120 $25,282.81
LEWIS 108 0.99 25400.00 8/12/06
NY 2578175 80.00 8/12/96
12950 34
9.49%
399 SCHOLAR COURT 120 $64,788.24
FRANKLIN LAKES 109 0.99 100000.00 9/4/06
NJ 2578176 70.00 9/4/96
07417 26
9.49%
HOWELL MI 120 $14,577.30
UNKNW 106 0.99 25000.00 6/17/06
MI 2578177 75.00 6/17/96
48843 27
9.49%
LA QUINTA CA 120 $24,748.95
UNKNW 107 0.99 30000.00 7/10/06
CA 2578178 79.00 7/10/96
92253 41
9.49%
MACOMB MI
UNKNW 120 0.99 $12,921.14
MI 2578179 33.00 106 20000.00 6/13/96
48044 43 12:00 AM
9.49%
TAMPA FL 120 $27,000.00
UNKNW 106 1.25 27000.00 6/6/06
FL 2578180 80.00 6/6/96
33647 21
9.75%
FLUSHING MI 120 $17,437.10
UNKNW 106 2.75 30000.00 6/7/06
MI 2578181 89.00 6/7/96
48433 33
11.25%
ALGER MI 120 $28,078.35
UNKNW 106 0.99 30000.00 6/20/06
MI 2578182 39.00 6/20/96
48610 42
9.49%
BALLWIN MO 120 $17,420.87
UNKNW 106 0.99 49800.00 6/12/06
MO 2578183 80.00 6/12/96
63011 27
9.49%
CLARKSTO MI 120 $46,943.96
UNKNW 106 0.99 100000.00 6/27/06
MI 2578184 61.00 6/27/96
48348 25
9.49%
60 WEST BEECH STREET 120 $30,104.13
LONG BEACH 107 0.99 50000.00 7/18/06
NY 2578185 65.00 7/18/96
11561 43
9.49%
SUNRISE FL 120 $24,918.17
UNKNW 106 0.99 25000.00 6/24/06
FL 2578186 64.00 6/24/96
33323 43
9.49%
INDIANAP IN 120 $16,665.70
UNKNW 107 1.99 20000.00 7/5/06
IN 2578187 90.00 7/5/96
46234 43
10.49%
BYRON CENTER MI 120 $38,868.16
UNKNW 106 0.99 50000.00 6/27/06
MI 2578188 78.00 6/27/96
49315 19
9.49%
MARINA DEL RAY CA 120 $26,800.40
UNKNW 107 0.99 50000.00 7/9/06
CA 2578189 69.00 7/9/96
90292 44
9.49%
NORTHVIL MI
UNKNW 120 0.99 $24,369.25
MI 2578190 58.00 106 25000.00 6/6/96
48167 44 12:00 AM
9.49%
WAYLAND MA 120 $49,386.35
UNKNW 106 1.75 50000.00 6/12/06
MA 2578191 57.00 6/12/96
01778 0
10.25%
RESEDA CA 120 $36,732.00
UNKNW 106 0.99 39000.00 6/19/06
CA 2578192 85.00 6/19/96
91335 22
9.49%
RAMONA CA 120 $13,963.28
UNKNW 107 0.99 14000.00 7/30/06
CA 2578193 65.00 7/30/96
92065 48
9.49%
SANTA CLARITA CA 120 $24,937.78
UNKNW 106 3.00 25000.00 6/10/06
CA 2578194 90.00 6/10/96
91350 49
11.5%
BERKELEY TWP NJ 120 $23,519.23
UNKNW 107 2.75 23800.00 7/1/06
NJ 2578195 90.00 7/1/96
08721 39
11.25%
LOS OSOS CA 120 $9,353.76
UNKNW 106 2.00 39000.00 6/7/06
CA 2578196 80.00 6/7/96
93402 39
10.5%
TROY MI 120 $24,893.70
UNKNW 106 3.00 27000.00 6/4/06
MI 2578197 99.00 6/4/96
48098 0
11.5%
NEW LISBON WI 120 $9,704.20
UNKNW 107 3.00 10000.00 7/17/06
WI 2578198 90.00 7/17/96
53950 42
11.5%
ROCHESTE HILLS MI 120 $31,639.77
UNKNW 106 0.99 60000.00 6/27/06
MI 2578199 74.00 6/27/96
48306 34
9.49%
NEW BALTIMORE MI 120 $23,821.72
UNKNW 106 0.99 25000.00 6/13/06
MI 2578200 54.00 6/13/96
48047 44
9.49%
WEST CAVINA CA
UNKNW 120 1.99 $36,971.07
CA 2578201 90.00 106 37000.00 6/19/96
91792 0 12:00 AM
10.49%
PHILADEL PA 120 $12,608.01
UNKNW 107 0.99 20000.00 7/2/06
PA 2578202 79.00 7/2/96
19116 5
9.49%
WISCONSI DELLS WI 120 $11,441.12
UNKNW 106 3.00 15000.00 6/5/06
WI 2578203 84.00 6/5/96
53965 37
11.5%
ESCONDID CA 120 $19,174.14
UNKNW 106 2.00 35000.00 6/6/06
CA 2578204 72.00 6/6/96
92046 29
10.5%
MERRIMAC NH 120 $4,444.70
UNKNW 106 2.00 25000.00 6/6/06
NH 2578205 62.00 6/6/96
03054 43
10.5%
CONCORD NH 120 $16,570.09
UNKNW 106 0.99 30000.00 6/13/06
NH 2578206 69.00 6/13/96
03301 13
9.49%
222 SKIMINO ROAD 120 $33,158.97
WILLIAMSBURG 107 1.99 34100.00 7/29/06
VA 2578207 90.00 7/29/96
23188 43
10.49%
WILTON MANORS FL 120 $20,146.33
UNKNW 106 3.00 20200.00 6/3/06
FL 2578208 90.00 6/3/96
33305 34
11.5%
EASTPOIN MI 120 $30,993.50
UNKNW 106 2.50 31000.00 6/5/06
MI 2578209 90.00 6/5/96
48021 45
11.%
LAKE ORION MI 120 $17,250.38
UNKNW 106 3.00 30000.00 6/12/06
MI 2578210 90.00 6/12/96
48360 0
11.5%
ROCHESTE HILLS MI 120 $25,158.70
UNKNW 106 0.99 46600.00 6/5/06
MI 2578211 86.00 6/5/96
48309 36
9.49%
HOLLY MI
UNKNW 120 1.75 $22,633.21
MI 2578212 80.00 106 22700.00 6/5/96
48442 45 12:00 AM
10.25%
ANCHORAG AK 120 $58,466.63
UNKNW 106 1.50 59500.00 6/12/06
AK 2578213 80.00 6/12/96
99516 38
10.%
CHATSWOR GA 120 $29,670.11
UNKNW 108 2.75 30000.00 8/12/06
GA 2578214 85.00 8/12/96
30705 39
11.25%
WESTMINS CA 120 $39,971.52
UNKNW 106 0.99 40000.00 6/21/06
CA 2578215 73.00 6/21/96
92683 39
9.49%
42 CUYLER ROAD 120 $45,778.06
PRINCETON 108 0.99 50000.00 8/8/06
NH 2578216 36.00 8/8/96
08540 43
9.49%
19401 GAINSBOROUGH 120 $28,725.47
DETROIT 107 0.99 30000.00 7/25/06
MI 2578217 59.00 7/25/96
48223 41
9.49%
WOOD RIDGE NJ 120 $88,895.08
UNKNW 106 0.99 100000.00 6/27/06
NJ 2578218 55.00 6/27/96
07075 39
9.49%
2855 SW BROOKSIDE ROAD 120 $67,679.18
LAKE OSWEGO 108 1.50 80000.00 8/5/06
OR 2578219 57.00 8/5/96
97035 41
10.%
HC 64 BOX 3990 120 $8,267.22
HEAVENER 109 0.99 15000.00 9/10/06
OK 2578220 25.00 9/10/96
74937 32
9.49%
1416 CHACO AVE 120 $29,298.33
GRANTS 107 0.99 29300.00 7/31/06
NM 2578221 80.00 7/31/96
87020 36
9.49%
FAYETTEV GA 120 $19,835.41
UNKNW 106 2.00 24000.00 6/25/06
GA 2578222 80.00 6/25/96
30214 48
10.5%
SAINT PETERS MO
UNKNW 120 1.99 $16,038.23
MO 2578223 90.00 107 16800.00 7/11/96
63376 40 12:00 AM
10.49%
OAKLEY CA 120 $21,746.27
UNKNW 106 2.00 21900.00 6/5/06
CA 2578224 80.00 6/5/96
94561 44
10.5%
SCOTTSVI NY 120 $56,299.52
UNKNW 106 1.25 56600.00 6/20/06
NY 2578225 80.00 6/20/96
14546 26
9.75%
GROSSE POINTE PARK MI 120 $24,196.54
UNKNW 106 1.75 25000.00 6/5/06
MI 2578226 46.00 6/5/96
48230 17
10.25%
YORK ME 120 $22,296.76
UNKNW 106 1.75 33300.00 6/17/06
ME 2578227 80.00 6/17/96
03909 42
10.25%
BRIGHTON MI 120 $22,405.33
UNKNW 106 2.00 30000.00 6/17/06
MI 2578228 33.00 6/17/96
48116 17
10.5%
MURFREES TN 120 $13,041.45
UNKNW 107 0.99 13000.00 7/9/06
TN 2578229 80.00 7/9/96
37129 29
9.49%
MARKLEVI IN 120 $25,344.05
UNKNW 108 0.99 66000.00 8/22/06
IN 2578230 80.00 8/22/96
46056 18
9.49%
FLUSHING MI 120 $20,763.24
UNKNW 106 2.00 30800.00 6/14/06
MI 2578231 80.00 6/14/96
48433 24
10.5%
WARREN OH 120 $13,987.56
UNKNW 106 3.00 14300.00 6/27/06
OH 2578232 90.00 6/27/96
44481 36
11.5%
765 CHAUCER LANE 120 $62,370.26
TIPP CITY 106 1.25 100000.00 6/4/06
OH 2578233 76.00 6/4/96
45371 37
9.75%
DAVISON MI
UNKNW 120 2.00 $70,000.00
MI 2578234 90.00 106 70000.00 6/7/96
48423 34 12:00 AM
10.5%
JACKSON MI 120 $25,092.17
UNKNW 106 2.75 25100.00 6/7/06
MI 2578235 90.00 6/7/96
49201 35
11.25%
FOUNTAIN VALLEY CA 120 $36,972.79
UNKNW 106 1.75 59000.00 6/4/06
CA 2578236 79.00 6/4/96
92708 36
10.25%
SAN FRANCISCO CA 120 $10,452.69
UNKNW 106 0.99 11800.00 6/14/06
CA 2578237 80.00 6/14/96
94127 34
9.49%
18 S. EQUESTRAIN COURT 120 $24,991.68
HAUPPAGUE 107 0.99 25000.00 7/1/06
NY 2578238 66.00 7/1/96
11788 27
9.49%
PLATTSBU MO 120 $27,784.23
UNKNW 107 0.99 30000.00 7/16/06
MO 2578239 77.00 7/16/96
64477 27
9.49%
DETROIT MI 120 $17,812.64
UNKNW 106 0.99 18300.00 6/27/06
MI 2578240 80.00 6/27/96
48228 20
9.49%
2637 EAST 7 MILE RD 120 $84,033.72
ROSCOMMON 107 0.99 100000.00 7/30/06
MI 2578241 78.00 7/30/96
48653 42
9.49%
STERLING VA 120 $13,403.65
UNKNW 106 2.00 17500.00 6/3/06
VA 2578242 80.00 6/3/96
20164 40
10.5%
PINELLAS PARK FL 120 $17,924.68
UNKNW 106 0.99 22000.00 6/20/06
FL 2578243 80.00 6/20/96
34666 42
9.49%
SAN JOSE CA 120 $38,450.00
UNKNW 106 0.99 50000.00 6/14/06
CA 2578244 80.00 6/14/96
95131 28
9.49%
22 STADLEY ROUGH ROAD
DANBURY 120 0.99 $11,438.05
CT 2578245 23.00 107 25100.00 7/3/96
06811 31 12:00 AM
9.49%
BLOOMFIE HILLS MI 120 $69,845.88
UNKNW 106 0.99 73800.00 6/26/06
MI 2578246 80.00 6/26/96
48304 32
9.49%
WELLSVIL KS 120 $17,674.39
UNKNW 106 0.99 17700.00 6/12/06
KS 2578247 80.00 6/12/96
66092 39
9.49%
PHOENIX AZ 120 $24,761.28
UNKNW 106 0.99 30000.00 6/19/06
AZ 2578248 74.00 6/19/96
85023 32
9.49%
CHINA MI 120 $28,611.84
UNKNW 106 1.75 32000.00 6/19/06
MI 2578249 72.00 6/19/96
48054 42
10.25%
12297 MERIDIAN ROAD NE 120 $15,276.92
MOUNT ANGEL 107 2.00 18700.00 7/2/06
OR 2578250 75.00 7/2/96
97362 45
10.5%
2034 DWIGHT AVENUE 120 $27,334.57
FLINT 108 0.99 27200.00 8/12/06
MI 2578251 80.00 8/12/96
48503 35
9.49%
COLUMBIA SC 120 $10,484.89
UNKNW 109 0.99 11300.00 9/9/06
SC 2578252 85.00 9/9/96
29205 48
9.49%
COLUMBIA MI 120 $16,007.63
UNKNW 106 2.75 17400.00 6/7/06
MI 2578253 90.00 6/7/96
48421 35
11.25%
WHITE LAKE MI 120 $22,420.93
UNKNW 106 1.50 100000.00 6/18/06
MI 2578254 48.00 6/18/96
48386 32
10.%
WEST BLOOMFIELD MI 120 $18,028.72
UNKNW 107 1.99 18100.00 7/9/06
MI 2578255 90.00 7/9/96
48324 33
10.49%
CLEMMONS NC
UNKNW 120 0.99 $28,676.61
NC 2578256 74.00 106 30000.00 6/11/96
27012 31 12:00 AM
9.49%
NOVI MI 120 $31,773.54
UNKNW 106 2.50 41400.00 6/18/06
MI 2578257 90.00 6/18/96
48374 43
11.%
BRIDGEPO CT 120 $18,239.49
UNKNW 107 0.99 20000.00 7/31/06
AL 2578258 36.00 7/31/96
06606 44
9.49%
MOUNTAIN VIEW CA 120 $24,719.21
UNKNW 107 0.99 25000.00 7/3/06
CA 2578259 11.00 7/3/96
94041 39
9.49%
HCR 68 BOX 123 120 $48,873.88
WOODSTOCK 107 1.99 49000.00 7/19/06
VT 2578260 90.00 7/19/96
05091 0
10.49%
MONTPELI VA 120 $21,037.26
UNKNW 107 0.99 30000.00 7/29/06
VA 2578261 78.00 7/29/96
23192 31
9.49%
MAPLEWOO MN 120 $9,497.08
UNKNW 109 1.99 10000.00 9/4/06
MN 2578262 89.00 9/4/96
55109 45
10.49%
LODI CA 120 $51,000.00
UNKNW 106 0.99 70800.00 6/17/06
CA 2578263 80.00 6/17/96
95240 40
9.49%
GRAND ISLAND NY 120 $14,927.38
UNKNW 106 1.99 22800.00 6/10/06
NY 2578264 90.00 6/10/96
14072 29
10.49%
SAN DIEGO CA 120 $41,105.45
UNKNW 106 2.75 50000.00 6/11/06
CA 2578265 89.00 6/11/96
92131 42
11.25%
MONTEREY CA 120 $39,552.46
UNKNW 107 2.75 40000.00 7/18/06
CA 2578266 89.00 7/18/96
93940 49
11.25%
CHESTERF MO
UNKNW 120 0.99 $20,684.41
MO 2578267 77.00 106 22000.00 6/13/96
63017 29 12:00 AM
9.49%
MANASSAS VA 120 $35,800.00
UNKNW 106 2.75 35800.00 6/25/06
VA 2578268 90.00 6/25/96
20110 39
11.25%
SANDY UT 120 $6,168.80
UNKNW 106 2.00 10800.00 6/13/06
UT 2578269 80.00 6/13/96
84093 36
10.5%
SAN JOSE CA 120 $39,180.13
UNKNW 105 2.75 39400.00 5/31/06
CA 2578270 90.00 5/31/96
95148 39
11.25%
UTICA MI 120 $26,745.87
UNKNW 106 0.99 27100.00 6/13/06
MI 2578271 80.00 6/13/96
48315 37
9.49%
OAK PARK MI 120 $29,261.88
UNKNW 106 0.99 29900.00 6/14/06
MI 2578272 80.00 6/14/96
48237 0
9.49%
LOVELAND CO 120 $99,370.44
UNKNW 106 0.99 100000.00 6/27/06
CO 2578273 61.00 6/27/96
80537 46
9.49%
DIMONDAL MI 120 $1,178.32
UNKNW 106 2.00 17200.00 6/19/06
MI 2578274 80.00 6/19/96
48821 18
10.5%
CAMERON MO 120 $9,939.29
UNKNW 106 1.99 10000.00 6/26/06
MO 2578275 90.00 6/26/96
64429 29
10.49%
SPRINGVI NY 120 $21,351.15
UNKNW 107 0.99 22200.00 7/11/06
NY 2578276 80.00 7/11/96
14141 39
9.49%
TULSA OK 120 $41,619.66
UNKNW 107 0.99 50000.00 7/19/06
OK 2578277 55.00 7/19/96
74148 39
9.49%
6815 POLK AVE.
DAYTON 120 0.99 $12,222.62
OH 2578278 80.00 108 12900.00 8/1/96
45414 27 12:00 AM
9.49%
LOWELL MI 120 $14,938.30
UNKNW 106 1.75 15000.00 6/6/06
MI 2578279 90.00 6/6/96
49331 42
10.25%
NEW BALTIMORE MI 120 $14,425.92
UNKNW 106 2.00 35000.00 6/11/06
MI 2578280 69.00 6/11/96
48047 32
10.5%
ALMONT MI 120 $49,949.37
UNKNW 106 1.50 50000.00 6/4/06
MI 2578281 36.00 6/4/96
48003 29
10.%
SEBASTOP CA 120 $8,007.74
UNKNW 106 0.99 30000.00 6/4/06
CA 2578282 78.00 6/4/96
95472 21
9.49%
PORT CHARLOTTE FL 120 $20,822.93
UNKNW 106 0.99 23000.00 6/13/06
FL 2578283 63.00 6/13/96
33954 44
9.49%
ROMULUS MI 120 $49,949.70
UNKNW 107 0.99 50000.00 7/12/06
MI 2578284 62.00 7/12/96
48174 42
9.49%
NAPERVIL IL 120 $1,060.00
UNKNW 106 0.99 10000.00 6/20/06
IL 2578285 82.00 6/20/96
60540 0
9.49%
ROYAL OAK MI 120 $11,494.19
UNKNW 106 2.75 12000.00 6/13/06
MI 2578286 89.00 6/13/96
48067 41
11.25%
NEW MADISON OH 120 $36,000.00
UNKNW 106 2.75 36000.00 6/3/06
OH 2578287 90.00 6/3/96
45346 52
11.25%
DAYTON OH 120 $17,888.09
UNKNW 105 2.75 18200.00 5/29/06
OH 2578288 90.00 5/29/96
45431 37
11.25%
BREWSTER NY
UNKNW 120 2.75 $49,916.06
NY 2578289 82.00 106 50000.00 6/17/96
10509 27 12:00 AM
11.25%
666 S. WELLWOOD AVENUE 120 $23,328.24
LINDENHURST 107 1.99 25900.00 7/30/06
NY 2578290 90.00 7/30/96
11757 36
10.49%
BEAVERTO OR 120 $25,280.61
UNKNW 106 2.75 30500.00 6/6/06
OR 2578291 90.00 6/6/96
97006 29
11.25%
DESERT HOT SPRINGS CA 120 $13,750.46
UNKNW 105 2.00 25200.00 5/29/06
CA 2578292 80.00 5/29/96
92241 34
10.5%
DE SOTO MO 120 $3,574.43
UNKNW 106 1.75 50000.00 6/6/06
MO 2578293 78.00 6/6/96
63020 46
10.25%
RIPON CA 120 $16,498.12
UNKNW 105 0.99 20000.00 5/31/06
CA 2578294 76.00 5/31/96
95366 17
9.49%
304 TRAIL CREEK LOOP 120 $85,000.00
ENNIS 107 0.99 85000.00 7/17/06
MT 2578295 34.00 7/17/96
59729 47
9.49%
YAKIMA, WA. 120 $20,868.25
UNKNW 107 4.00 23000.00 7/22/06
WA 2578296 80.00 7/22/96
98902 42
9.22%
PAPILLIO NE 120 $29,062.92
UNKNW 106 0.99 30000.00 6/10/06
NE 2578297 80.00 6/10/96
68061 35
9.49%
GILROY CA 120 $47,931.61
UNKNW 106 1.75 75000.00 6/3/06
CA 2578298 74.00 6/3/96
95020 45
10.25%
BERKLEY MI 120 $24,406.53
UNKNW 106 1.49 24600.00 6/19/06
MI 2578299 77.00 6/19/96
48072 39
9.99%
ROCHESTE NY
UNKNW 120 1.75 $24,457.81
NY 2578300 80.00 106 26000.00 6/10/96
14626 23 12:00 AM
10.25%
YARDVILL NJ 120 $29,051.10
UNKNW 105 0.99 30000.00 5/29/06
NJ 2578301 69.00 5/29/96
00000 44
9.49%
LIVE OAK CA 120 $10,638.52
UNKNW 106 2.00 13000.00 6/11/06
CA 2578302 80.00 6/11/96
95953 20
10.5%
COLUMBIA MI 120 $23,821.60
UNKNW 105 1.75 25000.00 5/24/06
MI 2578303 80.00 5/24/96
48421 42
10.25%
MACOMB MI 120 $33,895.25
UNKNW 106 0.99 34100.00 6/10/06
MI 2578304 80.00 6/10/96
48044 25
9.49%
GLEN ALLEN VA 120 $7,829.42
UNKNW 106 0.99 11000.00 6/11/06
VA 2578305 80.00 6/11/96
23060 25
9.49%
PORTAGE MI 120 $8,492.12
UNKNW 107 1.99 10000.00 7/3/06
MI 2578306 88.00 7/3/96
49002 18
10.49%
ROSEAU MN 120 $7,831.08
UNKNW 109 0.99 20000.00 9/17/06
MN 2578307 57.00 9/17/96
56751 29
9.49%
SYLACAUG AL 120 $14,993.53
UNKNW 105 3.00 15000.00 5/29/06
AL 2578308 83.00 5/29/96
35150 22
11.5%
LAFAYETT CA 120 $48,275.13
UNKNW 105 1.75 50000.00 5/24/06
CA 2578309 72.00 5/24/96
94549 0
10.25%
KENMORE NY 120 $5,789.52
UNKNW 106 0.99 25100.00 6/3/06
NY 2578310 36.00 6/3/96
14217 29
9.49%
16 CHURCHILL LANE
NEWTOWN 120 0.99 $38,976.40
PA 2578311 24.00 108 40000.00 8/20/96
18940 35 12:00 AM
9.49%
MC CAMMON ID 120 $12,988.03
UNKNW 105 3.00 13000.00 5/23/06
ID 2578312 90.00 5/23/96
83250 42
11.5%
SAN RAFAEL CA 120 $14,649.02
UNKNW 105 3.00 15000.00 5/23/06
CA 2578313 84.00 5/23/96
94903 42
11.5%
PASS CHRISTIAN MS 120 $47,548.94
UNKNW 105 1.50 50000.00 5/28/06
MS 2578314 52.00 5/28/96
39571 48
10.%
CASTRO VALLEY CA 120 $6,500.00
UNKNW 105 3.00 50000.00 5/30/06
CA 2578315 87.00 5/30/96
94546 44
11.5%
VISTA CA 120 $25,000.00
UNKNW 105 3.00 44200.00 5/29/06
CA 2578316 90.00 5/29/96
92085 41
11.5%
SUMNER WA 120 $5,001.45
UNKNW 105 4.00 10000.00 5/30/06
WA 2578317 68.00 5/30/96
98390 36
9.22%
BENSALEM PA 120 $26,746.08
UNKNW 106 2.50 30000.00 6/19/06
PA 2578318 90.00 6/19/96
19020 28
11.%
AURORA OR 120 $29,192.45
UNKNW 107 0.99 30000.00 7/5/06
OR 2578319 42.00 7/5/96
97002 26
9.49%
LEXINGTO KY 120 $13,183.77
UNKNW 107 0.99 15600.00 7/5/06
KY 2578320 80.00 7/5/96
40516 44
9.49%
GANSEVOO NY 120 $22,454.50
UNKNW 106 0.99 25000.00 6/28/06
NY 2578321 85.00 6/28/96
12831 36
9.49%
CHESTER SPRINGS PA
UNKNW 120 0.99 $19,543.89
PA 2578322 66.00 106 20000.00 6/26/96
19425 42 12:00 AM
9.49%
WESTLAND MI 120 $3,686.00
UNKNW 106 0.99 54000.00 6/6/06
MI 2578323 79.00 6/6/96
48186 12
9.49%
HATFIELD PA 120 $44,499.42
UNKNW 106 0.99 68000.00 6/27/06
PA 2578324 80.00 6/27/96
19440 24
9.49%
DAVISON MI 120 $24,883.37
UNKNW 106 0.99 25000.00 6/11/06
MI 2578325 76.00 6/11/96
48423 33
9.49%
GRAND LEDGE MI 120 $18,638.93
UNKNW 106 2.75 25500.00 6/11/06
MI 2578326 86.00 6/11/96
48837 37
11.25%
STATELIN NV 120 $58,512.63
UNKNW 106 1.50 60000.00 6/24/06
NV 2578327 69.00 6/24/96
89449 40
10.%
CLINTON TOWNSHIP MI 120 $14,795.12
UNKNW 106 3.00 16800.00 6/4/06
MI 2578328 90.00 6/4/96
48038 42
11.5%
7 MILANO 120 $72,827.61
SAN RAFAEL 107 0.99 78700.00 7/15/06
CA 2578329 75.00 7/15/96
94901 46
9.49%
WYANDOTT MI 120 $15,809.25
UNKNW 106 2.75 16000.00 6/11/06
MI 2578330 90.00 6/11/96
48192 25
11.25%
BLOOMFIE HILLS MI 120 $93,506.44
UNKNW 106 0.99 100000.00 6/11/06
MI 2578331 58.00 6/11/96
48302 22
9.49%
ALBERT LEA MN 120 $18,000.00
UNKNW 106 2.00 18000.00 6/13/06
MN 2578332 63.00 6/13/96
56007 42
10.5%
LANCASTE CA
UNKNW 120 3.00 $22,663.93
CA 2578333 90.00 105 36000.00 5/23/96
93534 35 12:00 AM
11.5%
FENTON MI 120 $786.27
UNKNW 105 1.75 19000.00 5/24/06
MI 2578334 80.00 5/24/96
48430 45
10.25%
MASTIC NY 120 $7,926.42
UNKNW 106 0.99 10000.00 6/3/06
NY 2578335 76.00 6/3/96
11950 26
9.49%
LAINGSBU MI 120 $20,878.75
UNKNW 107 0.99 21300.00 7/1/06
MI 2578336 80.00 7/1/96
48848 28
9.49%
CALEDONI MI 120 $14,104.87
UNKNW 106 0.99 14200.00 6/4/06
MI 2578337 80.00 6/4/96
49316 45
9.49%
ST. JAMES MN 120 $11,996.94
UNKNW 107 1.99 12200.00 7/3/06
MN 2578338 90.00 7/3/96
56081 35
10.49%
ROCHELLE PARK NJ 120 $17,555.10
UNKNW 105 2.00 18400.00 5/30/06
NJ 2578339 80.00 5/30/96
07662 47
10.5%
TROY MI 120 $26,190.25
UNKNW 105 0.99 26200.00 5/29/06
MI 2578340 84.00 5/29/96
48098 37
9.49%
HAMILTON SQUARE NJ 120 $8,859.29
UNKNW 108 0.99 10000.00 8/7/06
NJ 2578341 80.00 8/7/96
08690 18
9.49%
ROYAL OAK MI 120 $19,676.86
UNKNW 105 2.00 19800.00 5/30/06
MI 2578342 80.00 5/30/96
48067 32
10.5%
MARION IA 120 $29,794.99
UNKNW 105 1.99 30000.00 5/22/06
IA 2578343 90.00 5/22/96
52302 0
10.49%
ROCHESTE MI
UNKNW 120 1.50 $28,124.05
MI 2578344 80.00 105 49600.00 5/28/96
48306 30 12:00 AM
10.%
TROY OH 120 $28,068.11
UNKNW 106 2.25 48000.00 6/3/06
OH 2578345 90.00 6/3/96
45373 32
10.75%
BEAVERTO OR 120 $30,396.12
UNKNW 105 1.75 63300.00 5/24/06
OR 2578346 80.00 5/24/96
97006 25
10.25%
ELKHORN NE 120 $24,409.45
UNKNW 106 2.00 25000.00 6/7/06
NE 2578347 45.00 6/7/96
68022 37
10.5%
SAINT PETERS MO 120 $31,141.86
UNKNW 106 0.99 33200.00 6/14/06
MO 2578348 80.00 6/14/96
63376 36
9.49%
OAKLAND CA 120 $24,230.97
UNKNW 107 0.99 25000.00 7/16/06
CA 2578349 30.00 7/16/96
94621 37
9.49%
MANSFIEL OH 120 $46,310.21
UNKNW 107 0.99 47800.00 7/11/06
OH 2578350 80.00 7/11/96
44904 33
9.49%
GRAND BLANC MI 120 $29,764.15
UNKNW 107 1.99 30000.00 7/18/06
MI 2578351 90.00 7/18/96
48439 40
10.49%
LARGO FL 120 $7,604.45
UNKNW 106 0.99 10000.00 6/10/06
FL 2578352 78.00 6/10/96
34641 26
9.49%
2149 NORTH MELVINA AVENUE 120 $15,039.19
CHICAGO 108 1.99 15700.00 8/9/06
IL 2578353 90.00 8/9/96
60639 30
10.49%
AUBURN PA 120 $21,470.06
UNKNW 106 0.99 27000.00 6/3/06
PA 2578354 79.00 6/3/96
17922 36
9.49%
EDDINGTO ME
UNKNW 120 2.00 $9,705.49
ME 2578355 75.00 105 18200.00 5/22/96
04428 28 12:00 AM
10.5%
STEAMBOA SPRINGS CO 120 $11,981.39
UNKNW 106 0.99 50000.00 6/14/06
CO 2578356 66.00 6/14/96
80477 37
9.49%
TREMONTO UT 120 $18,200.27
UNKNW 106 0.99 30000.00 6/25/06
UT 2578357 61.00 6/25/96
84337 41
9.49%
SANDY UT 120 $29,805.20
UNKNW 105 0.99 30000.00 5/30/06
UT 2578358 75.00 5/30/96
84093 33
9.49%
HOLBROOK NY 120 $39,074.63
UNKNW 105 1.75 51000.00 5/21/06
NY 2578359 74.00 5/21/96
11741 21
10.25%
MONTROSE CO 120 $80,003.12
UNKNW 105 1.50 82500.00 5/21/06
CO 2578360 58.00 5/21/96
81401 44
10.%
COLUMBIA TN 120 $13,067.15
UNKNW 105 2.75 13700.00 5/31/06
TN 2578361 90.00 5/31/96
38401 36
11.25%
CORAL SPRINGS FL 120 $29,511.00
UNKNW 106 0.99 30000.00 6/11/06
FL 2578362 67.00 6/11/96
33067 36
9.49%
MOORE SC 120 $23,511.16
UNKNW 106 0.99 26000.00 6/5/06
SC 2578363 80.00 6/5/96
29369 22
9.49%
HAMBURG PA 120 $18,582.54
UNKNW 105 2.00 30000.00 5/23/06
PA 2578364 56.00 5/23/96
19526 46
10.5%
HASLETT MI 120 $38,947.11
UNKNW 106 0.99 39200.00 6/24/06
MI 2578365 80.00 6/24/96
48840 45
9.49%
DES MOINES IA
UNKNW 120 0.99 $25,302.89
IA 2578366 80.00 105 26900.00 5/31/96
50310 44 12:00 AM
9.49%
12911 RD 62 120 $28,633.86
DALTON 108 0.99 28700.00 8/15/06
NE 2578367 80.00 8/15/96
69131 29
9.49%
40 N. SUNSET DRIVE 120 $39,676.44
PETERSBURG 107 1.49 40000.00 7/29/06
NJ 2578368 52.00 7/29/96
08270 32
9.99%
ROCKY MOUNT NC 120 $19,896.48
UNKNW 105 1.99 20200.00 5/21/06
NC 2578369 90.00 5/21/96
27803 28
10.49%
HUDSONVI MI 120 $32,250.76
UNKNW 105 2.50 33500.00 5/31/06
MI 2578370 90.00 5/31/96
49426 36
11.%
ELBERT CO 120 $29,070.77
UNKNW 106 1.75 30000.00 6/10/06
CO 2578371 78.00 6/10/96
80106 20
10.25%
KANSAS CITY KS 120 $13,937.99
UNKNW 106 0.99 14000.00 6/10/06
KS 2578372 80.00 6/10/96
66109 39
9.49%
SAINT LOUIS MO 120 $57,321.12
UNKNW 106 0.99 100000.00 6/19/06
MO 2578373 57.00 6/19/96
63131 35
9.49%
46 LOCUST STREET 120 $49,969.31
GREENVALE 110 1.99 50000.00 10/8/06
NY 2578374 89.00 10/8/96
11548 29
10.49%
SOMERVIL NJ 120 $59,867.11
UNKNW 106 0.99 60000.00 6/11/06
NJ 2578375 79.00 6/11/96
08876 40
9.49%
CHECOTAH OK 120 $28,405.15
UNKNW 106 0.99 30000.00 6/25/06
OK 2578376 74.00 6/25/96
74426 42
9.49%
CHESTERF TWP MI
UNKNW 120 1.75 $23,349.79
MI 2578377 80.00 105 36600.00 5/23/96
48047 0 12:00 AM
10.25%
DOVER TOWNSHIP NJ 120 $18,906.11
UNKNW 106 2.75 27400.00 6/7/06
NJ 2578378 90.00 6/7/96
08753 36
11.25%
SOUTH LYON MI 120 $26,099.80
UNKNW 105 2.50 26100.00 5/17/06
MI 2578379 90.00 5/17/96
48178 39
11.%
635 WOODLAWN 120 $13,073.37
TRAER 106 1.99 14300.00 6/26/06
IA 2578380 90.00 6/26/96
50675 31
10.49%
21401 NORTH MIDDLEVILLE 120 $17,090.41
HASTINGS 107 0.99 30000.00 7/11/06
MI 2578381 70.00 7/11/96
49058 25
9.49%
PARK CITY UT 120 $27,220.45
UNKNW 106 1.75 30000.00 6/5/06
UT 2578382 79.00 6/5/96
84098 39
10.25%
15701 WINDMILL POINTE DRIVE 120 $52,026.31
GROSSE POINTE 109 0.99 100000.00 9/18/06
MI 2578383 62.00 9/18/96
48230 16
9.49%
NILES OH 120 $15,123.51
UNKNW 106 0.99 15300.00 6/12/06
OH 2578384 80.00 6/12/96
44446 0
9.49%
GRAND BLANC MI 120 $29,697.82
UNKNW 105 1.25 30000.00 5/20/06
MI 2578385 64.00 5/20/96
48439 21
9.75%
WOODLAND MI 120 $14,373.53
UNKNW 105 1.75 50000.00 5/21/06
MI 2578386 77.00 5/21/96
48897 46
10.25%
UPLAND CA 120 $10,658.55
UNKNW 105 3.00 10700.00 5/17/06
CA 2578387 84.00 5/17/96
91786 28
11.5%
SILVER SPRING MD
UNKNW 120 2.00 $4,088.59
MD 2578388 80.00 105 25000.00 5/29/96
20906 38 12:00 AM
10.5%
WINTER HAVEN FL 120 $10,002.00
UNKNW 107 0.99 10000.00 7/3/06
FL 2578389 25.00 7/3/96
33881 34
9.49%
STERLING HEIGHTS MI 120 $6,900.00
UNKNW 106 0.99 10000.00 6/4/06
MI 2578390 78.00 6/4/96
48310 27
9.49%
MAMMOTH LAKES CA 120 $42,125.80
UNKNW 106 0.99 45000.00 6/26/06
CA 2578391 80.00 6/26/96
93546 43
9.49%
MESA AZ 120 $21,030.12
UNKNW 106 1.99 26000.00 6/11/06
AZ 2578392 83.00 6/11/96
85206 36
10.49%
15 WASHINGTON VALLEY 120 $32,472.99
MORRISTOWN 108 0.99 100000.00 8/15/06
NJ 2578393 52.00 8/15/96
07960 27
9.49%
LAS VEGAS, NV 120 $45,438.37
UNKNW 106 0.99 50000.00 6/26/06
NV 2578394 34.00 6/26/96
89126 22
9.49%
MARQUETT MI 120 $7,764.84
UNKNW 105 0.99 10000.00 5/21/06
MI 2578395 12.00 5/21/96
49855 48
9.49%
OCEAN VIEW DE 120 $21,589.96
UNKNW 107 0.99 21900.00 7/9/06
DE 2578396 80.00 7/9/96
19970 36
9.49%
ROME NY 120 $10,594.72
UNKNW 105 0.99 16900.00 5/23/06
NY 2578397 80.00 5/23/96
13440 22
9.49%
SOUTHBUR CT 120 $45,896.91
UNKNW 106 0.99 80800.00 6/12/06
CT 2578398 80.00 6/12/96
06488 40
9.49%
WEST BLOOMFIELD MI
UNKNW 120 1.99 $29,744.30
MI 2578399 90.00 106 30400.00 6/18/96
48324 0 12:00 AM
10.49%
SAN MARCOS, CA 120 $49,879.80
UNKNW 105 2.50 50000.00 5/21/06
CA 2578400 89.00 5/21/96
92069 28
11.%
MIDDLEVI MI 120 $15,661.14
UNKNW 105 2.75 17000.00 5/20/06
MI 2578401 90.00 5/20/96
49333 39
11.25%
PLAINFIE IN 120 $34,866.77
UNKNW 105 1.99 36700.00 5/30/06
IN 2578402 90.00 5/30/96
46168 40
10.49%
23257 ALCO DRIVE 120 $71,087.82
WATERFORD 107 0.99 90000.00 7/10/06
MI 2578403 69.00 7/10/96
48329 37
9.49%
ELKO NV 120 $26,274.70
UNKNW 105 1.75 30000.00 5/24/06
NV 2578404 73.00 5/24/96
89801 25
10.25%
SAN DIEGO CA 120 $13,712.26
UNKNW 105 3.00 17200.00 5/16/06
CA 2578405 90.00 5/16/96
92154 32
11.5%
BIG PINE CA 120 $28,999.86
UNKNW 105 2.75 29800.00 5/17/06
CA 2578406 90.00 5/17/96
93513 35
11.25%
MATTAPOI MA 120 $17,211.09
UNKNW 105 3.00 18600.00 5/16/06
MA 2578407 90.00 5/16/96
02739 0
11.5%
WILLIAMS VA 120 $15,501.42
UNKNW 105 3.00 16000.00 5/21/06
VA 2578408 90.00 5/21/96
23185 38
11.5%
CERRITOS CA 120 $22,110.92
UNKNW 105 3.00 33000.00 5/15/06
CA 2578409 90.00 5/15/96
90703 36
11.5%
ARDSLEY PA
UNKNW 120 1.99 $28,017.60
PA 2578410 90.00 105 28200.00 5/31/96
19038 33 12:00 AM
10.49%
ARLINGTO HEIGHTS IL 120 $97,601.41
UNKNW 106 0.99 100000.00 6/10/06
IL 2578411 58.00 6/10/96
60005 6
9.49%
RED WING MN 120 $18,564.20
UNKNW 105 0.99 20600.00 5/30/06
MN 2578412 80.00 5/30/96
55066 17
9.49%
TRINIDAD CO 120 $30,819.53
UNKNW 105 1.75 58400.00 5/21/06
CO 2578413 80.00 5/21/96
81082 38
10.25%
DEARBORN MI 120 $20,037.17
UNKNW 105 2.75 26100.00 5/30/06
MI 2578414 90.00 5/30/96
48124 32
11.25%
ANN ARBOR MI 120 $35,768.69
UNKNW 106 1.50 67900.00 6/7/06
MI 2578415 80.00 6/7/96
48104 42
10.%
ARVADA CO 120 $25,515.45
UNKNW 105 2.75 25900.00 5/17/06
CO 2578416 90.00 5/17/96
80003 27
11.25%
DOLTON IL 120 $6,203.81
UNKNW 106 0.99 10000.00 6/10/06
IL 2578417 39.00 6/10/96
60419 25
9.49%
1418 RAINER ROAD 120 $12,799.78
BROOKHAVEN 107 0.99 12900.00 7/15/06
PA 2578418 80.00 7/15/96
19015 37
9.49%
OAK FOREST IL 120 $28,772.36
UNKNW 106 0.99 30000.00 6/4/06
IL 2578419 77.00 6/4/96
60452 30
9.49%
UTICA MI 120 $284.35
UNKNW 106 2.00 26800.00 6/21/06
MI 2578420 90.00 6/21/96
48315 29
10.5%
ROCHESTE HILLS MI
UNKNW 120 2.00 $13,201.48
MI 2578421 86.00 106 28400.00 6/10/96
48307 30 12:00 AM
10.5%
FLORIEN LA 120 $19,375.52
UNKNW 105 0.99 19500.00 5/30/06
LA 2578422 80.00 5/30/96
71429 44
9.49%
REDWOOD CITY CA 120 $46,910.64
UNKNW 106 1.49 50000.00 6/10/06
CA 2578423 68.00 6/10/96
94062 36
9.99%
TROY NY 120 $17,020.64
UNKNW 105 0.99 17100.00 5/28/06
NY 2578424 80.00 5/28/96
12180 42
9.49%
CASTRO VALLEY CA 120 $26,662.13
UNKNW 105 0.99 30000.00 5/21/06
CA 2578425 76.00 5/21/96
94546 42
9.49%
LAS VEGAS NV 120 $9,954.52
UNKNW 105 3.00 10000.00 5/21/06
NV 2578426 90.00 5/21/96
89102 27
11.5%
104 CHATHAM ROAD 120 $24,601.10
SHORT HILLS 106 1.99 25000.00 6/24/06
NJ 2578427 86.00 6/24/96
07078 34
10.49%
JACKSONV FL 120 $23,424.31
UNKNW 105 3.00 25000.00 5/14/06
FL 2578428 84.00 5/14/96
32259 36
11.5%
WINNEMUC NV 120 $50,258.17
UNKNW 105 1.50 54500.00 5/28/06
NV 2578429 80.00 5/28/96
89445 31
10.%
LIVONIA MI 120 $14,527.45
UNKNW 105 2.75 14900.00 5/17/06
MI 2578430 90.00 5/17/96
48150 41
11.25%
SHELL LAKE WI 120 $6,532.74
UNKNW 106 0.99 10000.00 6/20/06
WI 2578431 59.00 6/20/96
54871 25
9.49%
MURRIETA CA
UNKNW 120 0.99 $26,024.29
CA 2578432 80.00 106 52000.00 6/3/96
92562 0 12:00 AM
9.49%
CLARENDO HILLS IL 120 $57,317.92
UNKNW 105 0.99 60000.00 5/30/06
IL 2578433 68.00 5/30/96
60514 32
9.49%
GREAT FALLS MT 120 $10,050.22
UNKNW 106 1.49 16000.00 6/20/06
MT 2578434 80.00 6/20/96
59405 35
9.99%
POLAND ME 120 $16,912.26
UNKNW 105 3.00 17300.00 5/22/06
ME 2578435 90.00 5/22/96
04274 31
11.5%
GUALALA CA 120 $8,824.89
UNKNW 105 3.00 33900.00 5/24/06
CA 2578436 90.00 5/24/96
95445 0
11.5%
TROY MI 120 $15,403.14
UNKNW 105 3.00 17400.00 5/16/06
MI 2578437 90.00 5/16/96
48083 28
11.5%
ANCHORAG AK 120 $73,655.57
UNKNW 105 1.50 74800.00 5/22/06
AK 2578438 80.00 5/22/96
99503 44
10.%
LANGHORN PA 120 $2,355.36
UNKNW 106 0.99 10000.00 6/12/06
PA 2578439 67.00 6/12/96
19047 41
9.49%
HAMILTON NJ 120 $24,844.19
UNKNW 107 1.99 28500.00 7/2/06
NJ 2578440 90.00 7/2/96
08330 40
10.49%
BIRMINGH AL 120 $14,375.92
UNKNW 108 0.99 15000.00 8/28/06
AL 2578441 66.00 8/28/96
35228 36
9.49%
ANDERSON IN 120 $42,620.38
UNKNW 106 0.99 45000.00 6/4/06
IN 2578442 74.00 6/4/96
46011 37
9.49%
FRANKLIN LAKES NJ
UNKNW 120 1.50 $110,772.90
NJ 2578443 73.00 105 286600.00 5/28/96
07417 35 12:00 AM
10.%
POMPTON LAKES NJ 120 $19,384.97
UNKNW 105 2.00 20000.00 5/20/06
NJ 2578444 57.00 5/20/96
07442 42
10.5%
BRIGHTON MI 120 $21,976.00
UNKNW 105 2.50 48100.00 5/21/06
MI 2578445 90.00 5/21/96
48116 34
11.%
AVON CO 120 $48,020.17
UNKNW 105 1.75 50000.00 5/17/06
CO 2578446 35.00 5/17/96
81620 36
10.25%
MIAMI FL 120 $28,745.11
UNKNW 106 0.99 30000.00 6/4/06
FL 2578447 69.00 6/4/96
33133 32
9.49%
LAKE FOREST CA 120 $21,977.96
UNKNW 106 2.00 24200.00 6/6/06
CA 2578448 80.00 6/6/96
92630 43
10.5%
VERNON HILLS IL 120 $11,413.77
UNKNW 106 2.00 12000.00 6/3/06
IL 2578449 88.00 6/3/96
60061 39
10.5%
THOUSAND OAKS CA 120 $46,616.64
UNKNW 106 0.99 50000.00 6/13/06
CA 2578450 74.00 6/13/96
91362 43
9.49%
MANHATTE BEACH CA 120 $8,425.97
UNKNW 106 0.99 10000.00 6/28/06
CA 2578451 38.00 6/28/96
90266 39
9.49%
BONNE TERRE MO 120 $18,645.55
UNKNW 105 0.99 22000.00 5/30/06
MO 2578452 80.00 5/30/96
63628 27
9.49%
NEW HARTFORD IA 120 $12,657.22
UNKNW 105 2.75 12700.00 5/24/06
IA 2578453 90.00 5/24/96
50660 40
11.25%
KETTERIN OH
UNKNW 120 0.99 $21,130.56
OH 2578454 74.00 107 25000.00 7/8/96
45409 24 12:00 AM
9.49%
WASHINGT TOWNSHIP MI 120 $29,883.87
UNKNW 105 1.50 43900.00 5/29/06
MI 2578455 80.00 5/29/96
48095 39
10.%
BERKLEY MI 120 $33,347.33
UNKNW 105 2.75 44200.00 5/21/06
MI 2578456 90.00 5/21/96
48072 31
11.25%
ROWLEY MA 120 $15,427.79
UNKNW 105 3.00 16400.00 5/20/06
MA 2578457 90.00 5/20/96
01969 39
11.5%
ROCHESTE MI 120 $35,177.53
UNKNW 105 2.25 35800.00 5/20/06
MI 2578458 90.00 5/20/96
48307 35
10.75%
GUILFORD CT 120 $17,227.25
UNKNW 106 2.00 64000.00 6/9/06
CT 2578459 80.00 6/9/96
06437 29
10.5%
ANCHORAG AK 120 $36,363.02
UNKNW 105 2.75 37500.00 5/9/06
AK 2578460 90.00 5/9/96
99508 31
11.25%
OLATHE KS 120 $28,000.00
UNKNW 105 0.99 30000.00 5/20/06
KS 2578461 53.00 5/20/96
66061 13
9.49%
DETROIT MI 120 $22,008.93
UNKNW 105 1.99 22100.00 5/29/06
MI 2578462 90.00 5/29/96
48221 29
10.49%
JENKINTO PA 120 $43,711.43
UNKNW 105 1.50 45200.00 5/29/06
PA 2578463 90.00 5/29/96
19046 42
10.%
64 MILL POND LN 120 $27,813.81
DUXBURY 108 0.99 30000.00 8/13/06
MA 2578464 48.00 8/13/96
02332 23
9.49%
MANSFIEL OH
UNKNW 120 0.99 $12,749.20
OH 2578465 39.00 105 30000.00 5/20/96
44903 22 12:00 AM
9.49%
ROCKVILL MD 120 $10,671.70
UNKNW 106 1.99 18800.00 6/7/06
MD 2578466 90.00 6/7/96
20853 37
10.49%
LA PORTE CITY IA 120 $26,345.25
UNKNW 105 1.75 30000.00 5/13/06
IA 2578467 66.00 5/13/96
50651 41
10.25%
HAMILTON MT 120 $20,140.31
UNKNW 105 0.99 25000.00 5/28/06
MT 2578468 80.00 5/28/96
59840 37
9.49%
WATERFOR MI 120 $28,084.31
UNKNW 106 0.99 30000.00 6/20/06
MI 2578469 71.00 6/20/96
48329 27
9.49%
TROY MI 120 $19,803.86
UNKNW 105 0.99 30000.00 5/17/06
MI 2578470 80.00 5/17/96
48098 27
9.49%
21911 SHERWOOD 120 $21,827.60
MONROE 106 0.99 40000.00 6/20/06
LA 2578471 82.00 6/20/96
71201 36
9.49%
WEST ISLIP NY 120 $22,864.62
UNKNW 106 2.00 25100.00 6/5/06
NY 2578472 68.00 6/5/96
11795 43
10.5%
LOS ANGELES CA 120 $31,525.88
UNKNW 106 0.99 35000.00 6/5/06
CA 2578473 47.00 6/5/96
90065 34
9.49%
LA MESA CA 120 $41,048.39
UNKNW 105 1.75 41200.00 5/14/06
CA 2578474 90.00 5/14/96
91941 32
10.25%
REEDSBUR WI 120 $12,052.32
UNKNW 105 3.00 12200.00 5/9/06
WI 2578475 90.00 5/9/96
53959 33
11.5%
EAST BETHANY NY
UNKNW 120 1.25 $73,271.15
NY 2578476 80.00 106 74400.00 6/6/96
14054 33 12:00 AM
9.75%
MIAMI FL 120 $67,386.45
UNKNW 106 0.99 70000.00 6/11/06
FL 2578477 69.00 6/11/96
33125 32
9.49%
SPRING HILL TN 120 $40,842.16
UNKNW 105 2.50 40900.00 5/21/06
TN 2578478 90.00 5/21/96
37174 39
11.%
COLORADO SPRINGS CO 120 $13,630.07
UNKNW 105 3.00 13700.00 5/14/06
CO 2578479 90.00 5/14/96
80910 37
11.5%
44 FEDERATION ROAD 120 $40,190.85
BEDFORD 108 2.75 41500.00 8/15/06
NH 2578480 90.00 8/15/96
03110 32
11.25%
BOULDER CO 120 $47,000.00
UNKNW 106 0.99 50000.00 6/7/06
CO 2578481 73.00 6/7/96
80303 44
9.49%
6515 DUPONT STREET 120 $369.36
FLINT 105 0.99 24800.00 5/14/06
MI 2578482 80.00 5/14/96
48505 27
9.49%
MARKLE IN 120 $26,953.63
UNKNW 105 2.50 27000.00 5/9/06
IN 2578483 90.00 5/9/96
46770 40
11.%
LOMBARD IL 120 $31,447.90
UNKNW 105 1.50 31500.00 5/15/06
IL 2578484 80.00 5/15/96
60148 43
10.%
TOPSFIEL MA 120 $22,127.72
UNKNW 105 2.00 22600.00 5/23/06
MA 2578485 80.00 5/23/96
01983 33
10.5%
LONG BEACH CA 120 $29,991.17
UNKNW 105 2.50 50000.00 5/9/06
CA 2578486 90.00 5/9/96
90807 12
11.%
QUINCY MA
UNKNW 120 2.00 $22,045.05
MA 2578487 80.00 105 28900.00 5/23/96
02171 39 12:00 AM
10.5%
ROSELLE, IL 120 $9,438.15
UNKNW 105 0.99 100000.00 5/30/06
IL 2578488 60.00 5/30/96
60172 38
9.49%
WAKE FOREST NC 120 $11,623.06
UNKNW 106 2.75 11900.00 6/13/06
NC 2578489 90.00 6/13/96
27587 42
11.25%
DEARBORN HEIGHTS MI 120 $20,829.90
UNKNW 109 0.99 21000.00 9/3/06
MI 2578490 80.00 9/3/96
48215 30
9.49%
FRIES VA 120 $42,824.12
UNKNW 106 0.99 44800.00 6/28/06
VA 2578491 80.00 6/28/96
24330 36
9.49%
EDMOND OK 120 $17,933.84
UNKNW 105 0.99 18200.00 5/20/06
OK 2578492 80.00 5/20/96
73003 13
9.49%
ALBANY NY 120 $19,753.37
UNKNW 106 1.99 20200.00 6/7/06
NY 2578493 90.00 6/7/96
12205 39
10.49%
TAYLOR MILL KY 120 $19,800.00
UNKNW 105 1.99 20800.00 5/22/06
KY 2578494 89.00 5/22/96
41015 0
10.49%
BOX 131 25 N. 2ND STREET 120 $13,917.91
COHASSET 107 0.99 14600.00 7/19/06
MN 2578495 80.00 7/19/96
55721 43
9.49%
ORIENT, OH 120 $12,368.50
UNKNW 107 0.99 13000.00 7/4/06
OH 2578496 65.00 7/4/96
43146 29
9.49%
ZIMMERMA MN 120 $10,209.59
UNKNW 107 1.99 10300.00 7/10/06
MN 2578497 90.00 7/10/96
55398 33
10.49%
DAYTON NJ
UNKNW 120 0.99 $13,116.37
NJ 2578498 43.00 105 15000.00 5/29/96
08810 42 12:00 AM
9.49%
EAST MEADOW NY 120 $13,963.31
UNKNW 106 0.99 14400.00 6/7/06
NY 2578499 80.00 6/7/96
11554 37
9.49%
SACO ME 120 $11,799.70
UNKNW 106 0.99 22600.00 6/7/06
ME 2578500 80.00 6/7/96
04072 40
9.49%
OLIVEBRI NY 120 $21,373.58
UNKNW 106 0.99 30000.00 6/5/06
NY 2578501 79.00 6/5/96
12461 44
9.49%
SAN PEDRO CA 120 $29,417.38
UNKNW 106 0.99 30000.00 6/5/06
CA 2578502 53.00 6/5/96
90731 52
9.49%
LAS VEGAS NV 120 $30,517.55
UNKNW 106 1.99 30700.00 6/3/06
NV 2578503 90.00 6/3/96
89128 39
10.49%
CINCINNA OH 120 $15,228.72
UNKNW 105 0.99 30000.00 5/29/06
OH 2578504 62.00 5/29/96
45224 30
9.49%
REEDSBUR WI 120 $27,819.10
UNKNW 106 1.99 27900.00 6/7/06
WI 2578505 90.00 6/7/96
53959 41
10.49%
PLAINFIE CT 120 $6,466.60
UNKNW 106 0.99 10000.00 6/13/06
CT 2578506 62.00 6/13/96
06374 21
9.49%
TORRANCE CA 120 $15,544.87
UNKNW 106 0.99 24200.00 6/4/06
CA 2578507 80.00 6/4/96
90503 18
9.49%
OGALLALA NE 120 $10,178.33
UNKNW 106 0.99 10200.00 6/4/06
NE 2578508 80.00 6/4/96
69153 36
9.49%
ANCHORAG AK
UNKNW 120 1.99 $31,598.49
AK 2578509 90.00 105 31800.00 5/30/96
99511 48 12:00 AM
10.49%
DURHAM NH 120 $19,890.80
UNKNW 106 0.99 20000.00 6/12/06
NH 2578510 70.00 6/12/96
03824 44
9.49%
KIRKVILL NY 120 $15,967.83
UNKNW 105 0.99 28200.00 5/22/06
NY 2578511 80.00 5/22/96
13082 36
9.49%
108 WEST OAK 120 $20,258.15
WARRENTON 107 0.99 20600.00 7/16/06
MO 2578512 80.00 7/16/96
63383 18
9.49%
34 AUBLE ROAD 120 $69,688.86
BLAIRSTOWN 108 0.99 70000.00 8/14/06
NJ 2578513 35.00 8/14/96
07825 48
9.49%
ARVADA CO 120 $18,207.12
UNKNW 105 2.00 18700.00 5/10/06
CO 2578514 79.00 5/10/96
80003 34
10.5%
GRANT MI 120 $21,481.52
UNKNW 105 3.00 33800.00 5/9/06
MI 2578515 90.00 5/9/96
49327 35
11.5%
17 TELLER DRIVE 120 $16,848.43
ASHLAND 107 2.00 25000.00 7/25/06
MA 2578516 64.00 7/25/96
01721 27
10.5%
BILLERIC MA 120 $21,944.90
UNKNW 105 2.00 23400.00 5/23/06
MA 2578517 80.00 5/23/96
01821 40
10.5%
STILLWAT TOWNSHIP NJ 120 $4,989.32
UNKNW 105 3.00 10000.00 5/7/06
NJ 2578518 7.00 5/7/96
07860 0
11.5%
LAS GATOS CA 120 $23,051.72
UNKNW 106 3.00 37900.00 6/20/06
CA 2578519 90.00 6/20/96
95030 35
11.5%
SHELBY TOWNSHIP MI
UNKNW 120 1.99 $29,418.34
MI 2578520 90.00 105 34700.00 5/31/96
48316 32 12:00 AM
10.49%
JEROME MI 120 $24,820.36
UNKNW 105 0.99 30000.00 5/17/06
MI 2578521 78.00 5/17/96
49249 25
9.49%
MABLETON GA 120 $3,077.74
UNKNW 105 2.75 50000.00 5/8/06
GA 2578522 85.00 5/8/96
30059 22
11.25%
SANTA ROSA CA 120 $31,663.09
UNKNW 105 2.75 34500.00 5/13/06
CA 2578523 90.00 5/13/96
95409 28
11.25%
POUGHKEE NY 120 $49,010.00
UNKNW 106 0.99 50000.00 6/5/06
NY 2578524 42.00 6/5/96
12603 28
9.49%
SPRING HILL FL 120 $28,773.42
UNKNW 106 1.99 28900.00 6/5/06
FL 2578525 90.00 6/5/96
34608 32
10.49%
KINGSTON NY 120 $18,606.74
UNKNW 106 0.99 20000.00 6/5/06
NY 2578526 71.00 6/5/96
12401 44
9.49%
ADA MI 120 $38,730.20
UNKNW 106 0.99 40000.00 6/12/06
MI 2578527 78.00 6/12/96
49301 28
9.49%
NEWBURY PARK CA 120 $96,032.96
UNKNW 105 1.00 100000.00 5/10/06
CA 2578528 61.00 5/10/96
91320 22
9.5%
ANCHORAG AK 120 $66,300.12
UNKNW 105 1.50 66500.00 5/24/06
AK 2578529 80.00 5/24/96
99516 24
10.%
ANCHORAG AK 120 $65,310.39
UNKNW 105 1.50 68400.00 5/24/06
AK 2578530 75.00 5/24/96
99516 0
10.%
IMPERIAL MO
UNKNW 120 2.00 $9,092.37
MO 2578531 80.00 105 10900.00 5/8/96
63052 28 12:00 AM
10.5%
ENGLEWOO CO 120 $30,540.38
UNKNW 106 0.99 50000.00 6/10/06
CO 2578532 75.00 6/10/96
80111 19
9.49%
ROMULUS MI 120 $21,496.42
UNKNW 106 0.99 28000.00 6/11/06
MI 2578533 80.00 6/11/96
48174 12
9.49%
ELGIN IL 120 $10,258.70
UNKNW 105 0.99 12000.00 5/21/06
IL 2578534 69.00 5/21/96
60123 43
9.49%
ARNOLD MO 120 $5,588.62
UNKNW 105 0.99 10000.00 5/29/06
MO 2578535 64.00 5/29/96
63010 32
9.49%
TEHACHAP CA 120 $14,885.91
UNKNW 106 0.99 15000.00 6/12/06
CA 2578536 66.00 6/12/96
93561 44
9.49%
LACHINE MI 120 $73,486.52
UNKNW 105 1.25 75000.00 5/15/06
MI 2578537 61.00 5/15/96
49753 35
9.75%
SPARKS NV 120 $17,810.00
UNKNW 106 2.00 33400.00 6/13/06
NV 2578538 80.00 6/13/96
89431 33
10.5%
RENO NV 120 $9,400.81
UNKNW 105 3.00 10000.00 5/23/06
NV 2578539 81.00 5/23/96
89512 0
11.5%
PALOS VERDES PENINSU CA 120 $78,220.77
UNKNW 105 2.00 100000.00 5/28/06
CA 2578540 85.00 5/28/96
90274 42
10.5%
TORRANCE CA 120 $19,385.90
UNKNW 105 2.75 20500.00 5/28/06
CA 2578541 87.00 5/28/96
90504 45
11.25%
NARVON PA
UNKNW 120 0.99 $55,552.70
PA 2578542 48.00 106 56000.00 6/5/96
17555 44 12:00 AM
9.49%
MARKHAM IL 120 $15,700.73
UNKNW 105 2.00 19000.00 5/13/06
IL 2578543 75.00 5/13/96
60428 25
10.5%
RED OAK IA 120 $14,700.90
UNKNW 105 0.99 15000.00 5/29/06
IA 2578544 71.00 5/29/96
51566 21
9.49%
MARINETT WI 120 $22,925.32
UNKNW 106 0.99 24000.00 6/13/06
WI 2578545 47.00 6/13/96
54143 28
9.49%
WARREN MI 120 $32,847.61
UNKNW 105 0.99 33900.00 5/30/06
MI 2578546 80.00 5/30/96
48092 43
9.49%
LENEXA KS 120 $24,106.66
UNKNW 106 0.99 25000.00 6/4/06
KS 2578547 80.00 6/4/96
66215 37
9.49%
STATESBO GA 120 $14,398.90
UNKNW 105 0.99 14400.00 5/28/06
GA 2578548 80.00 5/28/96
30458 45
9.49%
SUTTONS BAY MI 120 $66,336.42
UNKNW 106 0.99 67000.00 6/10/06
MI 2578549 80.00 6/10/96
49682 44
9.49%
FULTONDA AL 120 $12,968.19
UNKNW 106 1.99 13000.00 6/4/06
AL 2578550 90.00 6/4/96
35068 42
10.49%
S MILWAUKEE WI 120 $19,666.99
UNKNW 106 0.99 23000.00 6/3/06
WI 2578551 80.00 6/3/96
53172 34
9.49%
OAK PARK MI 120 $9,174.23
UNKNW 106 0.99 10000.00 6/4/06
MI 2578552 30.00 6/4/96
48237 21
9.49%
MARINA DEL REY, CA.
UNKNW 120 0.99 $5,678.80
MD 2578553 75.00 105 36000.00 5/9/96
90295 30 12:00 AM
9.49%
STERLING HEIGHTS MI 120 $35,919.23
UNKNW 105 1.25 100000.00 5/8/06
MI 2578554 72.00 5/8/96
48312 37
9.75%
179 EXETER STREET 120 $4,500.00
HIGHLAND PARK 106 1.99 21800.00 6/7/06
NJ 2578555 90.00 6/7/96
08904 0
10.49%
ORANGE PARK FL 120 $22,290.09
UNKNW 105 3.00 24800.00 5/22/06
FL 2578556 90.00 5/22/96
32073 36
11.5%
CHEEKTOW NY 120 $35,460.74
UNKNW 106 0.99 50000.00 6/5/06
NY 2578557 60.00 6/5/96
14225 41
9.49%
CHILLICO MO 120 $26,876.47
UNKNW 105 0.99 30000.00 5/21/06
MO 2578558 65.00 5/21/96
64601 33
9.49%
FREMONT MI 120 $21,685.38
UNKNW 105 3.00 21700.00 5/6/06
MI 2578559 90.00 5/6/96
49412 0
11.5%
W BLOOMFIELD MI 120 $24,236.45
UNKNW 105 0.99 30000.00 5/10/06
MI 2578560 79.00 5/10/96
48324 23
9.49%
DESTREHA LA 120 $13,143.56
UNKNW 105 0.99 15500.00 5/20/06
LA 2578561 80.00 5/20/96
70047 29
9.49%
MACOMB MI 120 $10,902.63
UNKNW 105 0.99 13400.00 5/15/06
MI 2578562 80.00 5/15/96
48042 28
9.49%
GRANTS NM 120 $9,725.22
UNKNW 105 1.99 10000.00 5/30/06
NM 2578563 86.00 5/30/96
87020 32
10.49%
LAKE ST. LOUIS MO
UNKNW 120 0.99 $17,000.00
MO 2578564 80.00 105 30000.00 5/10/96
63367 26 12:00 AM
9.49%
SWINK CO 120 $10,487.18
UNKNW 106 1.99 10600.00 6/13/06
CO 2578565 90.00 6/13/96
81077 43
10.49%
LONG BEACH CA 120 $19,697.35
UNKNW 106 1.99 20000.00 6/4/06
CA 2578566 82.00 6/4/96
90815 45
10.49%
WESTLAND MI 120 $5,697.85
UNKNW 105 2.00 48100.00 5/7/06
MI 2578567 80.00 5/7/96
48185 37
10.5%
PACIFIC GROVE CA 120 $38,535.81
UNKNW 106 2.50 41000.00 6/6/06
CA 2578568 81.00 6/6/96
93950 45
11.%
RIO VISTA CA 120 $18,648.38
UNKNW 105 3.00 29000.00 5/23/06
CA 2578569 90.00 5/23/96
94571 39
11.5%
SANTE FE NM 120 $29,295.22
UNKNW 106 0.99 30000.00 6/3/06
NM 2578570 69.00 6/3/96
87505 31
9.49%
GREENSBO NC 120 $16,580.87
UNKNW 105 0.99 18900.00 5/14/06
NC 2578571 80.00 5/14/96
27405 42
9.49%
NORRIDGE ME 120 $34,998.00
UNKNW 107 0.99 35000.00 7/8/06
ME 2578572 46.00 7/8/96
04957 42
9.49%
ALHAMBRA IL 120 $29,027.28
UNKNW 106 0.99 30000.00 6/24/06
IL 2578573 69.00 6/24/96
62001 40
9.49%
MILTON DE 120 $19,327.18
UNKNW 105 0.99 25000.00 5/8/06
DE 2578574 68.00 5/8/96
19968 42
9.49%
SCOTTSDA AZ
UNKNW 120 0.99 $4,941.72
AZ 2578575 78.00 105 30000.00 5/9/96
85254 38 12:00 AM
9.49%
RAINIER, OR 120 $19,997.93
UNKNW 105 0.99 20000.00 5/16/06
OR 2578576 64.00 5/16/96
97048 36
9.49%
GALESBUR IL 120 $15,983.90
UNKNW 105 0.99 16000.00 5/15/06
IL 2578577 79.00 5/15/96
61401 27
9.49%
BUTLER PA 120 $29,080.79
UNKNW 106 0.99 30000.00 6/11/06
PA 2578578 8.00 6/11/96
16001 37
9.49%
MOLINE IL 120 $24,049.62
UNKNW 105 0.99 25000.00 5/23/06
IL 2578579 80.00 5/23/96
61265 45
9.49%
WICHITA KS 120 $69,278.88
UNKNW 106 0.99 70000.00 6/6/06
KS 2578580 63.00 6/6/96
67206 40
9.49%
PORTLAND OR 120 $41,744.07
UNKNW 106 0.99 42400.00 6/18/06
OR 2578581 80.00 6/18/96
97217 29
9.49%
VALINDA CA 120 $10,342.48
UNKNW 107 0.99 75000.00 7/1/06
CA 2578582 45.00 7/1/96
91744 44
9.49%
HOLLYWOO FL 120 $47,291.92
UNKNW 106 0.99 50000.00 6/18/06
FL 2578583 68.00 6/18/96
33019 38
9.49%
WARREN, MI 120 $47,252.12
UNKNW 105 1.75 50000.00 5/6/06
MI 2578584 44.00 5/6/96
48093 22
10.25%
CANYON COUNTRY CA 120 $22,558.40
UNKNW 105 1.99 25000.00 5/22/06
CA 2578585 90.00 5/22/96
91351 38
10.49%
18 LAUREL ROAD
SOUTH SALEM 120 0.99 $1,879.79
NY 2578586 42.00 107 60000.00 7/15/96
10590 44 12:00 AM
9.49%
MEDINA TN 120 $24,945.09
UNKNW 109 0.99 25000.00 9/16/06
TN 2578587 31.00 9/16/96
38355 47
9.49%
SNELLVIL GA 120 $10,235.99
UNKNW 107 0.99 15300.00 7/9/06
GA 2578588 80.00 7/9/96
30278 23
9.49%
LAS VEGAS NV 120 $15,846.65
UNKNW 106 1.99 16000.00 6/13/06
NV 2578589 90.00 6/13/96
89122 42
10.49%
METAIRIE LA 120 $10,183.29
UNKNW 105 0.99 46000.00 5/30/06
LA 2578590 79.00 5/30/96
70006 35
9.49%
GLENDALE AZ 120 $40,950.23
UNKNW 107 2.75 42000.00 7/3/06
AZ 2578591 90.00 7/3/96
85308 24
11.25%
NORTH BRUNSWICK NJ 120 $13,184.99
UNKNW 105 2.00 25000.00 5/23/06
NJ 2578592 71.00 5/23/96
08902 41
10.5%
PORTAGE WI 120 $9,371.84
UNKNW 105 2.00 10000.00 5/17/06
WI 2578593 60.00 5/17/96
53901 27
10.5%
PLAINWEL MI 120 $48,915.83
UNKNW 106 0.99 50000.00 6/4/06
MI 2578594 39.00 6/4/96
49080 37
9.49%
127-15 150 AVENUE 120 $22,673.22
S. OZONE PARK 107 0.99 30000.00 7/19/06
NY 2578595 66.00 7/19/96
11420 35
9.49%
1PO BOX 692 120 $39,518.33
ILION 106 0.99 40000.00 6/27/06
NY 2578596 43.00 6/27/96
13357 41
9.49%
JENNINGS LA
UNKNW 120 0.99 $14,755.25
LA 2578597 75.00 107 15000.00 7/9/96
70546 41 12:00 AM
9.49%
P.O. BOX 906 120 $36,375.34
URBANNA 105 1.99 35000.00 5/23/06
VA 2578598 89.00 5/23/96
23175 37
10.49%
MILFORD MI 120 $24,501.33
UNKNW 106 0.99 25000.00 6/27/06
MI 2578599 68.00 6/27/96
48380 37
9.49%
CORVALLI OR 120 $62,185.56
UNKNW 106 0.99 62500.00 6/3/06
OR 2578600 79.00 6/3/96
97330 41
9.49%
MOUNTAIN LAKES NJ 120 $48,801.24
UNKNW 105 1.75 50000.00 5/13/06
NJ 2578601 87.00 5/13/96
07046 23
10.25%
BELVIDER NJ 120 $22,918.64
UNKNW 106 3.00 25000.00 6/4/06
NJ 2578602 90.00 6/4/96
07823 19
11.5%
RICHMOND VA 120 $35,556.32
UNKNW 106 0.99 168000.00 6/21/06
VA 2578603 80.00 6/21/96
23220 37
9.49%
ANCHORAG AK 120 $36,706.76
UNKNW 106 0.99 37000.00 6/6/06
AK 2578604 80.00 6/6/96
99516 34
9.49%
WEST COVINA CA 120 $8,414.95
UNKNW 107 1.99 12600.00 7/9/06
CA 2578605 90.00 7/9/96
91790 25
10.49%
BROOKING OR 120 $19,955.12
UNKNW 106 1.99 20200.00 6/11/06
OR 2578606 90.00 6/11/96
97415 38
10.49%
LAKE WAUKOMIS MO 120 $24,511.25
UNKNW 105 0.99 30000.00 5/10/06
MO 2578607 58.00 5/10/96
64151 13
9.49%
PALOS VERDES ESTATES CA
UNKNW 120 0.99 $32,086.61
CA 2578608 80.00 105 35000.00 5/29/96
90274 45 12:00 AM
9.49%
VICTORVI CA 120 $13,619.72
UNKNW 105 3.00 14000.00 5/17/06
CA 2578609 88.00 5/17/96
92393 42
11.5%
WILMINGT DE 120 $90,500.00
UNKNW 105 1.00 133000.00 5/15/06
MI 2578610 79.00 5/15/96
19808 46
9.5%
CANTON NC 120 $44,596.64
UNKNW 106 0.99 44800.00 6/12/06
NC 2578611 80.00 6/12/96
28716 43
9.49%
AROMAS CA 120 $28,611.83
UNKNW 105 0.99 30000.00 5/30/06
CA 2578612 65.00 5/30/96
95004 41
9.49%
26222 CORNWALL COURT 120 $25,684.61
SOUTHFIELD 107 0.99 33300.00 7/25/06
MI 2578613 80.00 7/25/96
48076 34
9.49%
ROMEO MI 120 $17,448.25
UNKNW 105 0.99 20000.00 5/28/06
MI 2578614 60.00 5/28/96
48065 18
9.49%
RANCHO CUCAMONGA CA 120 $14,288.64
UNKNW 106 0.99 14400.00 6/12/06
CA 2578615 80.00 6/12/96
91730 43
9.49%
ROCHESTE HILLS MI 120 $35,112.74
UNKNW 105 1.50 80000.00 5/3/06
MI 2578616 33.00 5/3/96
48306 24
10.%
SAINT LOUIS MO 120 $62,864.73
UNKNW 105 1.50 75000.00 5/3/06
MO 2578617 64.00 5/3/96
63141 32
10.%
SANDOWN NH 120 $8,948.30
UNKNW 106 1.99 11200.00 6/3/06
NH 2578618 90.00 6/3/96
03873 36
10.49%
GODWIN NC
UNKNW 120 0.99 $15,749.07
NC 2578619 80.00 106 16000.00 6/21/96
28344 34 12:00 AM
9.49%
MILAN MI 120 $6,428.34
UNKNW 106 0.99 30000.00 6/6/06
MI 2578620 31.00 6/6/96
48160 30
9.49%
PITTSBUR PA 120 $44,067.83
UNKNW 105 0.99 45000.00 5/29/06
PA 2578621 25.00 5/29/96
15239 40
9.49%
BRANDON MS 120 $56,360.67
UNKNW 105 0.99 56400.00 5/31/06
MS 2578622 79.00 5/31/96
39042 34
9.49%
N MASSAPEQUA NY 120 $47,096.08
UNKNW 106 2.00 47100.00 6/13/06
NY 2578623 90.00 6/13/96
11758 38
10.5%
STRASBUR VA 120 $5,473.58
UNKNW 105 2.00 10000.00 5/24/06
VA 2578624 89.00 5/24/96
22657 41
10.5%
TRENTON NJ 120 $3,694.60
UNKNW 105 1.75 19500.00 5/8/06
NJ 2578625 90.00 5/8/96
08610 25
10.25%
NATICK MA 120 $23,523.23
UNKNW 105 2.00 25000.00 5/21/06
MA 2578626 79.00 5/21/96
01760 35
10.5%
HOWELL MI 120 $58,725.98
UNKNW 105 0.99 67000.00 5/21/06
MI 2578627 78.00 5/21/96
48843 38
9.49%
FOREST PARK OK 120 $18,405.45
UNKNW 106 0.99 19000.00 6/6/06
OK 2578628 80.00 6/6/96
73121 0
9.49%
ROSWELL GA 120 $12,291.79
UNKNW 105 2.00 13000.00 5/31/06
GA 2578629 90.00 5/31/96
30075 26
10.5%
LAFAYETT CA
UNKNW 120 2.00 $3,542.80
CA 2578630 64.00 105 50000.00 5/2/96
94549 42 12:00 AM
10.5%
SAN BRUNO CA 120 $27,572.02
UNKNW 105 2.75 33700.00 5/2/06
CA 2578631 90.00 5/2/96
94066 36
11.25%
ALBUQUER NM 120 $19,174.73
UNKNW 105 2.75 19900.00 5/8/06
NM 2578632 90.00 5/8/96
87120 28
11.25%
VANCOUVE WA 120 $26,787.52
UNKNW 105 4.00 27600.00 5/1/06
WA 2578633 80.00 5/1/96
98663 30
12.5%
SAN JOSE CA 120 $9,735.75
UNKNW 105 2.00 10000.00 5/1/06
CA 2578634 80.00 5/1/96
95127 0
10.5%
SPARKS NV 120 $15,261.58
UNKNW 105 0.99 25000.00 5/13/06
NV 2578635 76.00 5/13/96
89434 45
9.49%
LA HABRA CA 120 $20,669.21
UNKNW 105 0.99 30000.00 5/30/06
CA 2578636 63.00 5/30/96
90631 31
9.49%
CLINTON MA 120 $24,144.44
UNKNW 107 0.99 25000.00 7/8/06
MA 2578637 57.00 7/8/96
01510 40
9.49%
WYOMING IL 120 $21,408.69
UNKNW 106 0.99 22000.00 6/19/06
IL 2578638 72.00 6/19/96
61491 39
9.49%
PHOENIX AZ 120 $33,513.20
UNKNW 106 0.99 40000.00 6/5/06
AZ 2578639 68.00 6/5/96
85032 44
9.49%
QUAKERTO PA 120 $25,796.96
UNKNW 105 2.75 28000.00 5/21/06
PA 2578640 83.00 5/21/96
18951 38
11.25%
LAS VEGAS NV
UNKNW 120 0.99 $16,201.35
NV 2578641 80.00 106 17000.00 6/7/96
89103 16 12:00 AM
9.49%
POTTSVIL PA 120 $46,110.20
UNKNW 106 0.99 47000.00 6/18/06
PA 2578642 78.00 6/18/96
17901 47
9.49%
ISANTI MN 120 $64,999.44
UNKNW 105 0.99 65000.00 5/30/06
MN 2578643 80.00 5/30/96
55040 46
9.49%
LEBANON IL 120 $24,671.76
UNKNW 106 2.00 25000.00 6/5/06
IL 2578644 89.00 6/5/96
62254 40
10.5%
SAN JOSE CA 120 $99,096.06
UNKNW 106 0.99 100000.00 6/28/06
CA 2578645 72.00 6/28/96
95120 28
9.49%
PORTLAND OR 120 $10,437.17
UNKNW 105 0.99 18000.00 5/14/06
OR 2578646 80.00 5/14/96
97218 21
9.49%
MOBILE AL 120 $15,465.85
UNKNW 105 0.99 17000.00 5/6/06
AL 2578647 80.00 5/6/96
36618 34
9.49%
BALTIMOR MD 120 $34,998.40
UNKNW 106 0.99 35000.00 6/25/06
MD 2578648 60.00 6/25/96
21212 27
9.49%
LYNN HAVEN FL 120 $12,023.68
UNKNW 105 0.99 12000.00 5/16/06
FL 2578649 65.00 5/16/96
32444 45
9.49%
CAPE MAY NJ 120 $20,992.22
UNKNW 105 3.00 24500.00 5/9/06
NJ 2578650 90.00 5/9/96
08204 41
11.5%
FRANKLIN LAKES NJ 120 $14,079.43
UNKNW 104 2.00 100000.00 4/30/06
NJ 2578651 73.00 4/30/96
07417 43
10.5%
BASTROP LA
UNKNW 120 0.99 $8,408.98
LA 2578652 31.00 105 15000.00 5/8/96
71220 24 12:00 AM
9.49%
CANTON MI 120 $14,146.20
UNKNW 105 3.00 14700.00 5/8/06
MI 2578653 90.00 5/8/96
48188 44
11.5%
GREEN OAK TOWNSHIP MI 120 $34,312.41
UNKNW 105 1.50 34800.00 5/5/06
MI 2578654 80.00 5/5/96
48116 28
10.%
WARREN MI 120 $30,008.84
UNKNW 105 1.50 74200.00 5/1/06
MI 2578655 80.00 5/1/96
48093 31
10.%
SAN PABLO CA 120 $11,448.32
UNKNW 105 2.00 12000.00 5/13/06
CA 2578656 70.00 5/13/96
94806 44
10.5%
WATERFOR MI 120 $53,909.86
UNKNW 105 0.99 54000.00 5/14/06
MI 2578657 80.00 5/14/96
48329 0
9.49%
1209 CHERRY GROVE 120 $28,987.68
GRAYSON 107 0.99 31000.00 7/25/06
KY 2578658 71.00 7/25/96
41143 44
9.49%
UTICA NY 120 $27,207.49
UNKNW 106 0.99 30000.00 6/3/06
NY 2578659 53.00 6/3/96
13502 24
9.49%
CHESTERF MO 120 $22,742.93
UNKNW 105 0.99 25000.00 5/6/06
MO 2578660 79.00 5/6/96
63005 32
9.49%
CROYDON PA 120 $33,864.79
UNKNW 105 0.99 34000.00 5/20/06
PA 2578661 85.00 5/20/96
19021 39
9.49%
KANSAS CITY KS 120 $12,398.33
UNKNW 106 0.99 13000.00 6/20/06
KS 2578662 80.00 6/20/96
66104 18
9.49%
BELGRADE MT
UNKNW 120 0.99 $15,859.00
MT 2578663 79.00 105 16000.00 5/30/96
59714 40 12:00 AM
9.49%
NEWTOWN PA 120 $29,890.93
UNKNW 105 0.99 30000.00 5/17/06
PA 2578664 71.00 5/17/96
18940 28
9.49%
SOQUEL CA 120 $47,579.47
UNKNW 106 0.99 100000.00 6/11/06
CA 2578665 69.00 6/11/96
95073 39
9.49%
BUFFALO NY 120 $16,121.91
UNKNW 106 1.99 16000.00 6/12/06
NY 2578666 90.00 6/12/96
14222 43
10.49%
ST PETE BEACH FL 120 $41,583.17
UNKNW 105 1.99 41400.00 5/14/06
FL 2578667 87.00 5/14/96
33706 30
10.49%
NEWARK DE 120 $17,457.37
UNKNW 105 1.99 26200.00 5/9/06
DE 2578668 90.00 5/9/96
19702 22
10.49%
POTEAU OK 120 $20,358.96
UNKNW 105 0.99 24700.00 5/20/06
OK 2578669 80.00 5/20/96
74953 27
9.49%
PHILADEL PA 120 $13,356.71
UNKNW 105 0.99 26000.00 5/13/06
PA 2578670 80.00 5/13/96
19111 28
9.49%
MARLTON NJ 120 $28,341.93
UNKNW 106 0.99 29000.00 6/3/06
NJ 2578671 80.00 6/3/96
08053 26
9.49%
CLINTON MO 120 $69,777.68
UNKNW 106 0.99 70500.00 6/19/06
MO 2578672 80.00 6/19/96
64735 37
9.49%
MARYLAND HEIGHTS MO 120 $24,395.28
UNKNW 105 0.99 25000.00 5/10/06
MO 2578673 80.00 5/10/96
63042 43
9.49%
EAST MEADOW NY
UNKNW 120 0.99 $22,307.94
NY 2578674 66.00 105 25000.00 5/8/96
11554 0 12:00 AM
9.49%
CONYERS GA 120 $13,394.61
UNKNW 106 0.99 13400.00 6/13/06
GA 2578675 80.00 6/13/96
30208 41
9.49%
LIVERMOR CA 120 $11,735.60
UNKNW 105 0.99 20000.00 5/10/06
CA 2578676 48.00 5/10/96
94550 39
9.49%
CLARKSTO MI 120 $37,863.58
UNKNW 105 0.99 38000.00 5/28/06
MI 2578677 80.00 5/28/96
48348 0
9.49%
SANTA BARBARA CA 120 $300,000.00
UNKNW 104 1.50 300000.00 4/30/06
CA 2578678 41.00 4/30/96
93108 48
10.%
CONSTANT NY 120 $26,856.35
UNKNW 104 2.75 27300.00 4/24/06
NY 2578679 90.00 4/24/96
13044 23
11.25%
LEBANON TN 120 $20,986.77
UNKNW 105 3.00 34000.00 5/7/06
TN 2578680 90.00 5/7/96
37087 37
11.5%
CLOVIS CA 120 $14,384.24
UNKNW 105 3.00 14400.00 5/8/06
CA 2578681 90.00 5/8/96
93611 37
11.5%
OKEMOS MI 120 $1,666.93
UNKNW 104 1.75 15500.00 4/30/06
MI 2578682 80.00 4/30/96
48864 29
10.25%
RIVER VALE NJ 120 $149,222.14
UNKNW 105 1.50 153000.00 5/2/06
NJ 2578683 60.00 5/2/96
07675 13
10.%
SAINT LOUIS MO 120 $25,500.00
UNKNW 105 1.75 25500.00 5/3/06
MO 2578684 73.00 5/3/96
63146 24
10.25%
WYOMISSI PA
UNKNW 120 2.00 $17,005.71
PA 2578685 77.00 104 68000.00 4/25/96
19610 35 12:00 AM
10.5%
1 OXFORD ROAD 120 $13,328.68
EAST SANDWICH 108 1.99 15000.00 8/12/06
MA 2578686 90.00 8/12/96
02537 34
10.49%
BOCA RATON FL 120 $10,827.19
UNKNW 105 0.99 15800.00 5/6/06
FL 2578687 80.00 5/6/96
33487 30
9.49%
MOUNDS VIEW MN 120 $44,982.39
UNKNW 105 0.99 45000.00 5/31/06
MN 2578688 83.00 5/31/96
55112 0
9.49%
MARIETTA PA 120 $54,953.68
UNKNW 105 0.99 65000.00 5/23/06
PA 2578689 80.00 5/23/96
17547 35
9.49%
LAWRENCE IN 120 $7,415.22
UNKNW 105 2.00 12500.00 5/21/06
IN 2578690 80.00 5/21/96
47025 40
10.5%
PALM DESERT CA 120 $16,876.25
UNKNW 105 0.99 23000.00 5/29/06
CA 2578691 80.00 5/29/96
92260 44
9.49%
PLACENTI CA 120 $20,633.31
UNKNW 106 2.75 25000.00 6/4/06
CA 2578692 88.00 6/4/96
92670 30
11.25%
JAMISON PA 120 $23,742.79
UNKNW 104 0.99 33200.00 4/25/06
PA 2578693 90.00 4/25/96
18929 27
9.49%
1842 NORTH KACHINA 120 $39,016.75
MESA 106 1.99 39300.00 6/6/06
AZ 2578694 90.00 6/6/96
85203 25
10.49%
MORGAN HILL CA 120 $17,800.00
UNKNW 106 0.99 20000.00 6/28/06
CA 2578695 51.00 6/28/96
95037 44
9.49%
COLOMBIA TN
UNKNW 120 0.99 $17,244.63
TN 2578696 62.00 105 18000.00 5/7/96
38401 26 12:00 AM
9.49%
MANDEVIL LA 120 $20,079.61
UNKNW 105 0.99 20000.00 5/3/06
LA 2578697 74.00 5/3/96
70448 33
9.49%
ROCK ISLAND IL 120 $13,414.91
UNKNW 105 0.99 15000.00 5/16/06
IL 2578698 79.00 5/16/96
61201 29
9.49%
PARISH NY 120 $22,999.87
UNKNW 106 0.99 23000.00 6/20/06
NY 2578699 85.00 6/20/96
13131 45
9.49%
WYANDOTT MI 120 $11,448.39
UNKNW 105 2.75 13100.00 5/17/06
MI 2578700 90.00 5/17/96
48192 31
11.25%
CHALMETT LA 120 $14,186.84
UNKNW 106 0.99 21600.00 6/7/06
LA 2578701 80.00 6/7/96
70043 38
9.49%
ROACHDAL IN 120 $20,085.31
UNKNW 105 0.99 30000.00 5/15/06
IN 2578702 76.00 5/15/96
46172 38
9.49%
COLLINSV IL 120 $9,770.77
UNKNW 105 0.99 14000.00 5/9/06
IL 2578703 80.00 5/9/96
62234 38
9.49%
12500 KURTZ ROAD 120 $77,416.48
HOLLY 107 0.99 80000.00 7/9/06
MI 2578704 80.00 7/9/96
48442 23
9.49%
DAVISON MI 120 $19,198.89
UNKNW 106 0.99 20400.00 6/3/06
MI 2578705 80.00 6/3/96
48423 20
9.49%
LITTLE FERRY NJ 120 $27,164.09
UNKNW 106 0.99 29000.00 6/4/06
NJ 2578706 79.00 6/4/96
07643 40
9.49%
FARIBAUL MN
UNKNW 120 2.00 $18,880.73
MN 2578707 80.00 105 19000.00 5/21/96
55021 37 12:00 AM
10.5%
39170 MEMORY LANE 120 $18,996.55
HARRISON 107 2.00 19000.00 7/22/06
MI 2578708 90.00 7/22/96
48045 39
10.5%
NEWCASTL CA 120 $39,965.58
UNKNW 105 0.99 40000.00 5/30/06
CA 2578709 69.00 5/30/96
95658 42
9.49%
JACKSONV FL 120 $23,605.07
UNKNW 104 2.00 36500.00 4/23/06
FL 2578710 75.00 4/23/96
32256 23
10.5%
DURHAM NC 120 $24,597.52
UNKNW 104 3.00 24600.00 4/23/06
NC 2578711 90.00 4/23/96
27703 23
11.5%
RENO NV 120 $41,760.46
UNKNW 104 2.50 46600.00 4/23/06
NV 2578712 90.00 4/23/96
89511 21
11.%
HOLLIS NH 120 $10,144.81
UNKNW 105 2.00 21700.00 5/13/06
NH 2578713 75.00 5/13/96
03049 57
10.5%
N WOODMERE NY 120 $48,606.70
UNKNW 106 0.99 50000.00 6/13/06
NY 2578714 74.00 6/13/96
11581 48
9.49%
GROSSE PTE PARK MI 120 $75,000.00
UNKNW 106 0.99 75000.00 6/3/06
MI 2578715 82.00 6/3/96
48230 42
9.49%
OWOSSO MI 120 $39,598.91
UNKNW 105 0.99 39600.00 5/8/06
MI 2578716 80.00 5/8/96
48867 22
9.49%
BUFFALO NY 120 $39,554.10
UNKNW 105 0.99 40000.00 5/29/06
NY 2578717 47.00 5/29/96
14220 23
9.49%
MOUNT MORRIS MI
UNKNW 120 0.99 $17,607.91
MI 2578718 65.00 105 20000.00 5/15/96
48458 41 12:00 AM
9.49%
HIDDEN HILLS CA 120 $59,361.49
UNKNW 104 1.99 80500.00 4/22/06
CA 2578719 90.00 4/22/96
91302 31
10.49%
BLOOMFIE HILLS MI 120 $165,000.00
UNKNW 104 1.00 225000.00 4/26/06
MI 2578720 71.00 4/26/96
48302 0
9.5%
COLUMBIA MI 120 $11,224.52
UNKNW 104 2.75 14600.00 4/29/06
MI 2578721 90.00 4/29/96
48421 40
11.25%
MURRIETA CA 120 $8,329.84
UNKNW 104 3.00 10000.00 4/23/06
CA 2578722 85.00 4/23/96
92562 0
11.5%
GADSDEN AL 120 $10,077.95
UNKNW 104 1.75 10000.00 4/25/06
AL 2578723 63.00 4/25/96
35901 0
10.25%
MADISON CT 120 $30,515.36
UNKNW 105 0.99 31000.00 5/24/06
CT 2578724 80.00 5/24/96
06443 38
9.49%
LAPLATA MO 120 $25,374.57
UNKNW 105 0.99 27000.00 5/28/06
MO 2578725 80.00 5/28/96
63549 19
9.49%
JACKSON MI 120 $20,951.09
UNKNW 105 0.99 21300.00 5/9/06
MI 2578726 80.00 5/9/96
49201 31
9.49%
DORAVILL GA 120 $9,282.09
UNKNW 106 1.99 10000.00 6/4/06
GA 2578727 90.00 6/4/96
30340 36
10.49%
LIBERTY MO 120 $37,435.83
UNKNW 105 0.99 45000.00 5/14/06
MO 2578728 73.00 5/14/96
64068 43
9.49%
BERKELEY CA
UNKNW 120 1.75 $26,341.08
CA 2578729 75.00 105 59000.00 5/2/96
94705 0 12:00 AM
10.25%
GARDNERV NV 120 $9,118.55
UNKNW 105 2.00 11000.00 5/5/06
NV 2578730 70.00 5/5/96
89410 52
10.5%
SANTA ROSA CA 120 $22,952.89
UNKNW 105 3.00 28000.00 5/29/06
CA 2578731 87.00 5/29/96
95403 41
11.5%
CLEARLAK CA 120 $20,994.39
UNKNW 104 2.00 21700.00 4/29/06
CA 2578732 80.00 4/29/96
95422 41
10.5%
NEW GLOUCESTER ME 120 $11,329.08
UNKNW 105 2.00 11400.00 5/30/06
ME 2578733 80.00 5/30/96
04260 44
10.5%
805 TANGLEWOOD DR. 120 $29,967.15
LAFAYETTE 106 1.49 30000.00 6/28/06
CA 2578734 64.00 6/28/96
94549 48
9.99%
SHELTON CT 120 $11,189.94
UNKNW 105 0.99 13500.00 5/14/06
CT 2578735 75.00 5/14/96
06484 42
9.49%
LINCOLN UNIVERSITY PA 120 $9,701.56
UNKNW 104 1.50 52800.00 4/23/06
PA 2578736 80.00 4/23/96
19352 24
10.%
ROWLAND HEIGHTS CA 120 $21,715.38
UNKNW 104 2.75 22000.00 4/18/06
CA 2578737 88.00 4/18/96
91748 42
11.25%
SHELBY TOWNSHIP MI 120 $18,665.51
UNKNW 105 1.75 36500.00 5/7/06
MI 2578738 80.00 5/7/96
48317 39
10.25%
ROSELLE PARK NJ 120 $33,997.80
UNKNW 105 0.99 37400.00 5/24/06
NJ 2578739 80.00 5/24/96
07204 34
9.49%
DECATUR AL
UNKNW 120 1.99 $35,548.96
AL 2578740 90.00 106 45200.00 6/7/96
35603 20 12:00 AM
10.49%
DAYTON OH 120 $21,461.56
UNKNW 105 1.99 21500.00 5/21/06
OH 2578741 90.00 5/21/96
45406 27
10.49%
WILLIAMS NY 120 $17,884.60
UNKNW 105 2.00 18000.00 5/16/06
NY 2578742 80.00 5/16/96
14221 31
10.5%
LAINGSBU MI 120 $25,436.12
UNKNW 105 0.99 30000.00 5/29/06
MI 2578743 78.00 5/29/96
48848 28
9.49%
SUPERIOR NE 120 $8,585.83
UNKNW 105 0.99 16800.00 5/6/06
NE 2578744 80.00 5/6/96
68978 25
9.49%
BRIELLE NJ 120 $17,442.90
UNKNW 105 3.00 20000.00 5/1/06
NJ 2578745 87.00 5/1/96
08730 42
11.5%
SALINAS CA 120 $125,908.84
UNKNW 105 1.50 200000.00 5/8/06
CA 2578746 22.00 5/8/96
93908 56
10.%
1237 BOLAND PLACE 120 $14,597.53
ST. LOUIS 107 0.99 20000.00 7/5/06
MO 2578747 69.00 7/5/96
63117 26
9.49%
SALINAS CA 120 $26,459.67
UNKNW 105 1.99 40000.00 5/17/06
CA 2578748 83.00 5/17/96
93907 30
10.49%
SHELBY TOWNSHIP MI 120 $19,103.87
UNKNW 105 0.99 23100.00 5/6/06
MI 2578749 80.00 5/6/96
48316 28
9.49%
TEMPE AZ 120 $11,800.58
UNKNW 106 1.99 25100.00 6/12/06
AZ 2578750 87.00 6/12/96
85282 41
10.49%
CHESTERF MI
UNKNW 120 0.99 $10,966.50
MI 2578751 80.00 105 13500.00 5/9/96
48047 20 12:00 AM
9.49%
SAN DIEGO CA 120 $11,390.74
UNKNW 105 1.99 15000.00 5/21/06
CA 2578752 87.00 5/21/96
92123 36
10.49%
FLINT MI 120 $30,561.46
UNKNW 106 0.99 40000.00 6/25/06
MI 2578753 49.00 6/25/96
48532 29
9.49%
SHENANDO IA 120 $12,469.68
UNKNW 105 0.99 14400.00 5/10/06
IA 2578754 80.00 5/10/96
51601 16
9.49%
STATEN ISLAND NY 120 $47,398.83
UNKNW 105 1.75 47400.00 5/7/06
PA 2578755 60.00 5/7/96
10308 42
10.25%
OKLAHOMA CITY OK 120 $10,991.73
UNKNW 104 3.00 10900.00 4/18/06
OK 2578756 90.00 4/18/96
73127 39
11.5%
CANDIA NH 120 $16,559.87
UNKNW 105 3.00 19500.00 5/14/06
NH 2578757 90.00 5/14/96
03034 35
11.5%
TOTOWA NJ 120 $19,454.20
UNKNW 104 2.00 25000.00 4/29/06
NJ 2578758 79.00 4/29/96
07511 35
10.5%
ORTONVIL MI 120 $36,757.41
UNKNW 105 1.25 36200.00 5/31/06
MI 2578759 80.00 5/31/96
48462 0
9.75%
FOWLER MI 120 $13,677.40
UNKNW 105 1.75 66300.00 5/15/06
MI 2578760 79.00 5/15/96
48835 37
10.25%
CONCORD CA 120 $17,547.71
UNKNW 105 1.99 17600.00 5/17/06
CA 2578761 90.00 5/17/96
94521 20
10.49%
DETROIT MI
UNKNW 120 0.99 $20,720.53
MI 2578762 80.00 105 21000.00 5/16/96
48219 43 12:00 AM
9.49%
120 $30,577.13
UNKNW 105 2.75 35000.00 5/14/06
CA 2578763 90.00 5/14/96
00000 28
11.25%
DEARBORN MI 120 $19,488.35
UNKNW 104 2.00 28500.00 4/24/06
MI 2578764 75.00 4/24/96
48124 42
10.5%
BARTLETT IL 120 $40,582.29
UNKNW 104 0.99 80000.00 4/23/06
IL 2578765 90.00 4/23/96
60103 40
9.49%
LIVONIA MI 120 $14,151.22
UNKNW 105 1.75 48000.00 5/8/06
MI 2578766 80.00 5/8/96
48154 22
10.25%
CLARKSTO MI 120 $13,611.01
UNKNW 105 1.75 13700.00 5/22/06
MI 2578767 80.00 5/22/96
48348 27
10.25%
PLAINWEL MI 120 $24,720.01
UNKNW 104 2.75 25000.00 4/23/06
MI 2578768 82.00 4/23/96
49080 0
11.25%
ONTARIO NY 120 $10,816.37
UNKNW 105 0.99 15000.00 5/1/06
NY 2578769 79.00 5/1/96
14519 30
9.49%
STOCKTON CA 120 $9,422.61
UNKNW 105 0.99 10000.00 5/30/06
CA 2578770 75.00 5/30/96
95205 44
9.49%
PENDLETO IN 120 $17,496.87
UNKNW 104 0.99 30000.00 4/23/06
IN 2578771 73.00 4/23/96
00000 24
9.49%
MILWAUKE WI 120 $18,560.89
UNKNW 105 0.99 25000.00 5/30/06
WI 2578772 43.00 5/30/96
53225 46
9.49%
SOUTH AMBOY NJ
UNKNW 120 1.99 $49,940.97
NJ 2578773 90.00 105 50000.00 5/13/96
08879 43 12:00 AM
10.49%
COVENTRY RI 120 $13,700.00
UNKNW 106 0.99 14200.00 6/5/06
RI 2578774 80.00 6/5/96
02816 34
9.49%
O'FALLON MO 120 $8,004.67
UNKNW 105 2.00 15000.00 5/21/06
MO 2578775 80.00 5/21/96
63366 33
10.5%
NORTH WALES PA 120 $18,999.92
UNKNW 104 1.99 19000.00 4/29/06
PA 2578776 90.00 4/29/96
19454 39
10.49%
ANCHORAG AK 120 $26,594.26
UNKNW 104 1.75 37000.00 4/17/06
AK 2578777 80.00 4/17/96
99508 37
10.25%
FRANKTON IN 120 $17,045.70
UNKNW 105 1.99 24600.00 5/4/06
IN 2578778 90.00 5/4/96
46044 23
10.49%
WHITTIER CA 120 $34,831.72
UNKNW 104 4.00 35000.00 4/30/06
CA 2578779 99.00 4/30/96
90605 37
12.5%
TELLURID CO 120 $29,917.12
UNKNW 104 1.75 50000.00 4/26/06
CO 2578780 63.00 4/26/96
81435 30
10.25%
BRIER WA 120 $36,165.86
UNKNW 105 4.00 38000.00 5/23/06
WA 2578781 80.00 5/23/96
98036 34
12.5%
MOUNT VERNON NY 120 $73,855.60
UNKNW 105 0.99 75000.00 5/30/06
NY 2578782 63.00 5/30/96
10552 46
9.49%
MESA AZ 120 $100,155.08
UNKNW 106 0.99 100000.00 6/7/06
AZ 2578783 58.00 6/7/96
85207 0
9.49%
NEW YORK NY
UNKNW 120 1.49 $9,912.63
NY 2578784 75.00 106 34000.00 6/7/96
10011 0 12:00 AM
9.99%
EVANSVIL WI 120 $19,400.60
UNKNW 105 1.75 30000.00 5/8/06
WI 2578785 40.00 5/8/96
53536 9
10.25%
FREEBURG IL 120 $26,472.76
UNKNW 104 0.99 28000.00 4/25/06
IL 2578786 80.00 4/25/96
62243 22
9.49%
NEW OXFORD PA 120 $13,699.53
UNKNW 104 2.00 23400.00 4/18/06
PA 2578787 80.00 4/18/96
17350 24
10.5%
SANTA CRUZ CA 120 $3,021.96
UNKNW 106 0.99 100000.00 6/21/06
CA 2578788 63.00 6/21/96
95060 45
9.49%
SAN JOSE CA 120 $24,042.33
UNKNW 105 0.99 25000.00 5/3/06
CA 2578789 78.00 5/3/96
95124 22
9.49%
PLEASANT HILL CA 120 $23,497.53
UNKNW 105 2.00 24000.00 5/10/06
CA 2578790 80.00 5/10/96
94523 36
10.5%
DIMONDAL MI 120 $16,995.16
UNKNW 104 0.99 30000.00 4/26/06
MI 2578791 77.00 4/26/96
48821 12
9.49%
GROSSE POINTE WOODS MI 120 $4,637.59
UNKNW 105 1.75 23000.00 5/2/06
MI 2578792 80.00 5/2/96
48236 22
10.25%
BELMONT MI 120 $64,623.41
UNKNW 106 2.00 64800.00 6/20/06
MI 2578793 90.00 6/20/96
49306 21
10.5%
CLARE MI 120 $14,394.85
UNKNW 104 0.99 14500.00 4/26/06
MI 2578794 80.00 4/26/96
48617 39
9.49%
GLEN ALLEN VA
UNKNW 120 0.99 $12,828.67
VA 2578795 80.00 104 16600.00 4/29/96
23060 28 12:00 AM
9.49%
OXFORD MI 120 $16,907.46
UNKNW 105 1.75 17000.00 5/17/06
MI 2578796 75.00 5/17/96
48371 30
10.25%
ANCHORAG AK 120 $56,889.82
UNKNW 105 0.99 61500.00 5/16/06
AK 2578797 80.00 5/16/96
99517 15
9.49%
ROCHESTE NY 120 $2,761.37
UNKNW 105 0.99 22000.00 5/16/06
NY 2578798 80.00 5/16/96
14612 25
9.49%
KILDEER IL 120 $1,058.37
UNKNW 104 0.99 30000.00 4/26/06
IL 2578799 69.00 4/26/96
60047 33
9.49%
HEREFORD AZ 120 $25,062.70
UNKNW 106 2.75 25100.00 6/4/06
AZ 2578800 90.00 6/4/96
85615 44
11.25%
2382 PHLOX COURT 120 $22,302.24
JAMISON 107 2.00 24000.00 7/9/06
PA 2578801 90.00 7/9/96
18929 28
10.5%
MILAN TN 120 $20,852.56
UNKNW 106 1.49 21000.00 6/4/06
TN 2578802 90.00 6/4/96
38358 35
9.99%
CLOVERDA CA 120 $31,709.92
UNKNW 105 0.99 32000.00 5/10/06
CA 2578803 80.00 5/10/96
95425 44
9.49%
HARRISBU PA 120 $18,962.39
UNKNW 105 0.99 19000.00 5/9/06
PA 2578804 90.00 5/9/96
17112 38
9.49%
SAINT LOUIS MO 120 $8,217.56
UNKNW 104 3.00 12500.00 4/16/06
MO 2578805 90.00 4/16/96
63129 23
11.5%
STAMFORD CT
UNKNW 120 1.75 $32,492.74
CT 2578806 90.00 105 33900.00 5/22/96
06905 41 12:00 AM
10.25%
MIDDLETO MD 120 $14,719.88
UNKNW 104 0.99 15000.00 4/26/06
MD 2578807 80.00 4/26/96
21769 36
9.49%
6328 COUNTY DONEGAL 120 $7,843.31
CHARLOTTE 105 1.50 49000.00 5/20/06
NC 2578808 80.00 5/20/96
28277 20
10.%
BLOOMING IL 120 $56,524.64
UNKNW 105 0.99 71000.00 5/17/06
IL 2578809 74.00 5/17/96
61704 30
9.49%
HAYWARD CA 120 $9,718.30
UNKNW 105 1.99 10000.00 5/23/06
CA 2578810 90.00 5/23/96
94544 0
10.49%
MIDDLEBU VT 120 $12,971.09
UNKNW 106 2.00 13800.00 6/11/06
VT 2578811 90.00 6/11/96
05753 36
10.5%
AMHERST NY 120 $33,978.85
UNKNW 104 2.50 36000.00 4/15/06
NY 2578812 90.00 4/15/96
14068 55
11.%
MESA AZ 120 $24,393.38
UNKNW 104 0.99 25400.00 4/25/06
AZ 2578813 72.00 4/25/96
85213 22
9.49%
FLINT MI 120 $27,490.19
UNKNW 105 0.99 30000.00 5/28/06
MI 2578814 80.00 5/28/96
48501 33
9.49%
925 BROMLEY WAY 120 $45,709.61
RALEIGH 112 0.99 100000.00 12/4/06
NC 2578815 51.00 12/4/96
27615 49
9.49%
CASTAIC CA 120 $33,365.92
UNKNW 104 2.75 33600.00 4/15/06
CA 2578816 90.00 4/15/96
91384 43
11.25%
HIGHLAND UT
UNKNW 120 2.75 $33,486.34
UT 2578817 90.00 104 34600.00 4/19/96
84003 0 12:00 AM
11.25%
PATTERSO NY 120 $14,985.76
UNKNW 104 0.99 16000.00 4/24/06
NY 2578818 77.00 4/24/96
12563 45
9.49%
FLAGSTAF AZ 120 $25,256.23
UNKNW 105 1.75 25600.00 5/10/06
AZ 2578819 80.00 5/10/96
86001 21
10.25%
MC KEESPORT PA 120 $11,773.62
UNKNW 105 3.00 12600.00 5/13/06
PA 2578820 90.00 5/13/96
15134 30
11.5%
AFFTON MO 120 $23,788.18
UNKNW 106 0.99 30000.00 6/12/06
MO 2578821 73.00 6/12/96
63123 41
9.49%
EUREKA CA 120 $20,585.08
UNKNW 105 2.00 41000.00 5/30/06
CA 2578822 90.00 5/30/96
95501 37
10.5%
TROY MI 120 $37,412.88
UNKNW 105 0.99 40000.00 5/13/06
MI 2578823 66.00 5/13/96
48098 34
9.49%
WESTWOOD MA 120 $72,045.83
UNKNW 105 0.99 73000.00 5/20/06
MA 2578824 76.00 5/20/96
02090 41
9.49%
BEVERLY MA 120 $20,335.21
UNKNW 104 3.00 30000.00 4/23/06
MA 2578825 89.00 4/23/96
01915 40
11.5%
EUGENE OR 120 $29,939.98
UNKNW 104 1.50 30000.00 4/30/06
OR 2578826 57.00 4/30/96
97404 51
10.%
MEDFORD MA 120 $14,041.56
UNKNW 105 0.99 14400.00 5/7/06
MA 2578827 80.00 5/7/96
02155 0
9.49%
WHITE LAKE MI
UNKNW 120 0.99 $38,755.53
MI 2578828 67.00 105 40000.00 5/31/96
48386 43 12:00 AM
9.49%
SPARKS NV 120 $21,847.58
UNKNW 106 0.99 23100.00 6/17/06
NV 2578829 80.00 6/17/96
89431 42
9.49%
CARLSBAD CA 120 $18,319.71
UNKNW 105 0.99 18900.00 5/6/06
CA 2578830 80.00 5/6/96
92008 42
9.49%
CLARKSTO MI 120 $24,703.00
UNKNW 106 2.50 26000.00 6/5/06
MI 2578831 90.00 6/5/96
48348 29
11.%
FORT LAUDERDALE FL 120 $89,667.13
UNKNW 107 0.99 100000.00 7/17/06
FL 2578832 54.00 7/17/96
33316 46
9.49%
BAY CITY MI 120 $19,996.59
UNKNW 105 1.75 20000.00 5/10/06
MI 2578833 90.00 5/10/96
48706 27
10.25%
FLORAL CITY FL 120 $22,255.60
UNKNW 105 0.99 24000.00 5/9/06
FL 2578834 80.00 5/9/96
34436 26
9.49%
334 CHERRY STREET 120 $17,714.12
LABADIEVILLE 107 1.99 20000.00 7/9/06
LA 2578835 88.00 7/9/96
70372 45
10.49%
BURTON MI 120 $23,591.54
UNKNW 105 0.99 24200.00 5/7/06
MI 2578836 80.00 5/7/96
48529 30
9.49%
BRAZIL IN 120 $14,070.92
UNKNW 105 2.00 14600.00 5/17/06
IN 2578837 80.00 5/17/96
47834 44
10.5%
MOUNT MORRIS MI 120 $29,062.22
UNKNW 106 0.99 30000.00 6/4/06
MI 2578838 52.00 6/4/96
48458 31
9.49%
MEREDITH CO
UNKNW 120 1.75 $39,350.24
CO 2578839 61.00 104 40000.00 4/12/96
81642 0 12:00 AM
10.25%
WASHINGT TOWNSHIP NJ 120 $51,052.14
UNKNW 104 2.50 58000.00 4/11/06
NJ 2578840 89.00 4/11/96
08691 0
11.%
APTOS CA 120 $49,927.46
UNKNW 104 2.75 50200.00 4/11/06
CA 2578841 90.00 4/11/96
95003 42
11.25%
SAN DIEGO CA 120 $33,000.00
UNKNW 104 2.75 33000.00 4/22/06
CA 2578842 90.00 4/22/96
92154 42
11.25%
WHITE LAKE MI 120 $32,352.53
UNKNW 104 1.25 55600.00 4/22/06
MI 2578843 80.00 4/22/96
48386 28
9.75%
BRICK TOWNSHIP NJ 120 $26,444.62
UNKNW 105 2.75 37400.00 5/14/06
NJ 2578844 90.00 5/14/96
08723 40
11.25%
17325 PARKSIDE 120 $18,149.36
TINLEY PARK 107 0.99 20000.00 7/10/06
IL 2578845 73.00 7/10/96
60477 46
9.49%
MICCO FL 120 $39,899.63
UNKNW 105 0.99 40000.00 5/9/06
FL 2578846 40.00 5/9/96
32976 30
9.49%
LOCKPORT NY 120 $19,894.53
UNKNW 105 0.99 20000.00 5/6/06
NY 2578847 80.00 5/6/96
14094 32
9.49%
FOREST GROVE OR 120 $22,699.92
UNKNW 105 3.00 22700.00 5/8/06
OR 2578848 86.00 5/8/96
97116 41
11.5%
FRANKLIN TN 120 $7,791.28
UNKNW 105 0.99 13300.00 5/7/06
TN 2578849 80.00 5/7/96
37064 27
9.49%
SANTA CLARITA CA
UNKNW 120 2.50 $58,999.60
CA 2578850 89.00 104 66000.00 4/12/96
91350 43 12:00 AM
11.%
1510 CANTEBURY CIRCLE 120 $23,910.14
GRUNDY CENTER 104 2.00 25000.00 4/29/06
IA 2578851 75.00 4/29/96
50638 19
10.5%
SAN DIMAS CA 120 $11,812.71
UNKNW 105 0.99 15000.00 5/16/06
CA 2578852 80.00 5/16/96
91773 0
9.49%
NORCO CA 120 $11,394.08
UNKNW 105 1.99 12400.00 5/15/06
CA 2578853 90.00 5/15/96
91760 27
10.49%
VICKSBUR MS 120 $28,980.56
UNKNW 108 0.99 28800.00 8/6/06
MS 2578854 80.00 8/6/96
39180 44
9.49%
WEST HAVEN CT 120 $27,959.25
UNKNW 104 0.99 37600.00 4/30/06
CT 2578855 80.00 4/30/96
06516 0
9.49%
HARWOOD HEIGHTS IL 120 $23,555.16
UNKNW 105 3.00 25900.00 5/7/06
IL 2578856 90.00 5/7/96
60656 33
11.5%
ST. CLAIR SHORES MI 120 $20,542.07
UNKNW 105 0.99 37000.00 5/14/06
MI 2578857 80.00 5/14/96
48082 34
9.49%
CARY NC 120 $22,172.37
UNKNW 104 3.00 29800.00 4/11/06
NC 2578858 90.00 4/11/96
27511 0
11.5%
FLINT MI 120 $10,061.88
UNKNW 105 0.99 12000.00 5/8/06
MI 2578859 70.00 5/8/96
48507 31
9.49%
DULUTH GA 120 $11,105.98
UNKNW 105 1.99 12200.00 5/21/06
GA 2578860 90.00 5/21/96
30136 39
10.49%
VENETA OR
UNKNW 120 0.99 $20,570.89
OR 2578861 58.00 105 40000.00 5/8/96
97487 33 12:00 AM
9.49%
FLUSHING MI 120 $11,130.24
UNKNW 105 0.99 12000.00 5/8/06
MI 2578862 27.00 5/8/96
48433 25
9.49%
CLAIRTON PA 120 $25,958.68
UNKNW 104 0.99 27000.00 4/24/06
PA 2578863 64.00 4/24/96
15025 31
9.49%
LOS OLIVOS, CA 120 $26,987.39
UNKNW 104 2.75 27000.00 4/19/06
CA 2578864 90.00 4/19/96
93441 44
11.25%
SADDLE RIVER NJ 120 $35,513.69
UNKNW 104 1.75 86000.00 4/10/06
NJ 2578865 71.00 4/10/96
07458 0
10.25%
DEFIANCE OH 120 $20,727.17
UNKNW 104 0.99 30000.00 4/29/06
OH 2578866 44.00 4/29/96
43512 37
9.49%
GRAND ISLAND NY 120 $25,624.14
UNKNW 104 0.99 30000.00 4/22/06
NY 2578867 51.00 4/22/96
14072 33
9.49%
FOREST HILLS NY 120 $15,000.00
UNKNW 105 2.00 15000.00 5/29/06
NY 2578868 74.00 5/29/96
11375 40
10.5%
SCHERERV IN 120 $53,016.33
UNKNW 105 0.99 55000.00 5/3/06
IN 2578869 61.00 5/3/96
46375 0
9.49%
CAMBY IN 120 $11,899.63
UNKNW 104 1.75 30000.00 4/24/06
IN 2578870 44.00 4/24/96
46113 21
10.25%
AUSTIN TX 120 $23,992.13
UNKNW 104 3.00 25800.00 4/26/06
NJ 2578871 90.00 4/26/96
78734 30
11.5%
GROSSE POINTE WOODS MI
UNKNW 120 2.75 $35,230.53
MI 2578872 90.00 104 36500.00 4/25/96
48236 44 12:00 AM
11.25%
VIENNA TOWNSHIP MI 120 $25,175.34
UNKNW 104 2.50 26000.00 4/25/06
MI 2578873 90.00 4/25/96
48420 30
11.%
12 ANNESWAY 120 $21,701.17
LANDENBERG 107 0.99 55300.00 7/2/06
PA 2578874 80.00 7/2/96
19350 28
9.49%
BOYNTON BEACH FL 120 $35,793.67
UNKNW 105 0.99 36000.00 5/22/06
FL 2578875 80.00 5/22/96
33437 0
9.49%
CLOVERDA CA 120 $17,513.00
UNKNW 104 0.99 20000.00 4/23/06
CA 2578876 10.00 4/23/96
95425 31
9.49%
WATERFOR MI 120 $8,105.75
UNKNW 105 0.99 25000.00 5/3/06
MI 2578877 39.00 5/3/96
48328 40
9.49%
MERRILLV IN 120 $24,992.20
UNKNW 106 0.99 25000.00 6/12/06
IN 2578878 80.00 6/12/96
46410 39
9.49%
BOZEMAN MT 120 $32,996.58
UNKNW 105 0.99 34000.00 5/21/06
MT 2578879 80.00 5/21/96
59715 44
9.49%
VANCOUVE WA 120 $23,571.00
UNKNW 105 4.00 23600.00 5/9/06
WA 2578880 80.00 5/9/96
98682 41
9.22%
BEDFORD NY 120 $228.97
UNKNW 104 2.00 25000.00 4/9/06
NY 2578881 80.00 4/9/96
10549 0
10.5%
ROCHESTE HILLS MI 120 $32,596.89
UNKNW 104 1.50 40000.00 4/12/06
MI 2578882 80.00 4/12/96
48309 23
10.%
FLUSHING MI
UNKNW 120 1.75 $47,674.81
MI 2578883 79.00 104 50000.00 4/24/96
48433 31 12:00 AM
10.25%
LANCASTE NY 120 $19,189.00
UNKNW 104 2.75 19200.00 4/29/06
NY 2578884 89.00 4/29/96
14086 33
11.25%
EATON OH 120 $6,764.24
UNKNW 104 1.75 28900.00 4/12/06
OH 2578885 79.00 4/12/96
45320 43
10.25%
WINDSOR CT 120 $5,697.59
UNKNW 104 2.00 16800.00 4/15/06
CT 2578886 80.00 4/15/96
06095 25
10.5%
OCCIDENT CA 120 $42,401.40
UNKNW 105 0.99 50000.00 5/28/06
CA 2578887 56.00 5/28/96
95465 44
9.49%
CARO MI 120 $33,913.40
UNKNW 105 0.99 35000.00 5/17/06
MI 2578888 50.00 5/17/96
48723 30
9.49%
OMAHA NE 120 $51,084.16
UNKNW 105 0.99 52000.00 5/10/06
IA 2578889 78.00 5/10/96
68108 40
9.49%
SOUTHFIE MI 120 $37,313.03
UNKNW 105 0.99 37500.00 5/7/06
MI 2578890 74.00 5/7/96
48034 34
9.49%
MORGAN HILL CA 120 $27,675.35
UNKNW 104 0.99 30000.00 4/23/06
CA 2578891 62.00 4/23/96
95037 20
9.49%
GROSSE POINT PARK MI 120 $14,362.07
UNKNW 105 0.99 40000.00 5/20/06
MI 2578892 78.00 5/20/96
48230 27
9.49%
RED BLUFF CA 120 $19,533.99
UNKNW 105 0.99 22000.00 5/28/06
CA 2578893 80.00 5/28/96
96080 41
9.49%
SUGAR GROVE IL
UNKNW 120 1.50 $24,913.20
IL 2578894 73.00 106 25000.00 6/19/96
60554 64 12:00 AM
10.%
HOLLYWOO FL 120 $14,850.26
UNKNW 105 0.99 24000.00 5/15/06
FL 2578895 85.00 5/15/96
33024 29
9.49%
MARLBORO NJ 120 $219,627.00
UNKNW 106 0.99 220000.00 6/5/06
NJ 2578896 77.00 6/5/96
07746 37
9.49%
ST. MICHAEL MN 120 $8,913.16
UNKNW 105 0.99 10000.00 5/3/06
MN 2578897 62.00 5/3/96
55376 33
9.49%
PHILADEL PA 120 $11,999.80
UNKNW 105 0.99 12000.00 5/31/06
PA 2578898 80.00 5/31/96
19104 9
9.49%
SUMMIT NJ 120 $11,370.40
UNKNW 104 0.99 30000.00 4/22/06
NJ 2578899 56.00 4/22/96
07901 28
9.49%
SAN RAFAEL CA 120 $59,973.96
UNKNW 104 1.50 60000.00 4/10/06
CA 2578900 68.00 4/10/96
94903 39
10.%
PORTLAND OR 120 $13,951.52
UNKNW 104 3.00 14000.00 4/8/06
OR 2578901 84.00 4/8/96
97213 40
11.5%
EVERGREE CO 120 $49,550.43
UNKNW 104 1.75 50000.00 4/24/06
CO 2578902 58.00 4/24/96
80437 45
10.25%
BOX 132A 120 $25,442.40
GREAT 106 2.75 25900.00 6/4/06
MA 2578903 90.00 6/4/96
01230 35
11.25%
PHENIX CITY AL 120 $11,926.29
UNKNW 104 0.99 12000.00 4/18/06
AL 2578904 55.00 4/18/96
36867 15
9.49%
PEMBROKE FL
UNKNW 120 0.99 $42,814.97
FL 2578905 80.00 106 42900.00 6/17/96
33023 36 12:00 AM
9.49%
MC HENRY IL 120 $29,976.05
UNKNW 105 0.99 30000.00 5/6/06
IL 2578906 75.00 5/6/96
60050 36
9.49%
BILLINGS MT 120 $37,216.98
UNKNW 105 0.99 76000.00 5/22/06
MT 2578907 79.00 5/22/96
59106 44
9.49%
OKLAHOMA CITY OK 120 $18,960.90
UNKNW 105 0.99 42600.00 5/3/06
OK 2578908 80.00 5/3/96
73099 35
9.49%
PARAMUS NJ 120 $14,386.27
UNKNW 104 3.00 16100.00 4/12/06
NJ 2578909 90.00 4/12/96
07652 29
11.5%
MIDLOTHI VA 120 $42,848.16
UNKNW 106 1.75 43000.00 6/24/06
VA 2578910 77.00 6/24/96
23113 29
10.25%
HUNTINGT BEACH CA 120 $13,081.03
UNKNW 106 0.99 15000.00 6/18/06
CA 2578911 68.00 6/18/96
92647 42
9.49%
KENMORE NY 120 $13,099.89
UNKNW 104 1.75 13400.00 4/12/06
NY 2578912 80.00 4/12/96
14217 41
10.25%
LEISURE CITY FL 120 $12,027.17
UNKNW 104 2.00 27700.00 4/29/06
FL 2578913 80.00 4/29/96
33033 32
10.5%
173 OLD FARM CIRCLE 120 $19,005.70
WILLIAMSVILLE 108 0.99 19600.00 8/1/06
NY 2578914 80.00 8/1/96
14221 25
9.49%
TRAPPE PA 120 $17,766.89
UNKNW 104 0.99 30000.00 4/19/06
PA 2578915 79.00 4/19/96
19426 28
9.49%
MILLSBOR DE
UNKNW 120 1.99 $35,687.31
DE 2578916 86.00 105 36000.00 5/14/96
19966 43 12:00 AM
10.49%
LAS VEGAS NV 120 $21,723.78
UNKNW 104 1.99 23100.00 4/29/06
NV 2578917 90.00 4/29/96
89129 40
10.49%
BLOOMFIE HILLS MI 120 $33,929.02
UNKNW 104 1.75 63500.00 4/12/06
MI 2578918 80.00 4/12/96
48304 29
10.25%
ARLINGTO HEIGHTS IL 120 $7,349.62
UNKNW 105 0.99 25000.00 5/1/06
IL 2578919 83.00 5/1/96
60005 41
9.49%
GRAND RAPIDS MI 120 $19,309.31
UNKNW 104 0.99 30000.00 4/17/06
MI 2578920 68.00 4/17/96
49505 37
9.49%
CANTON MI 120 $25,638.18
UNKNW 104 0.99 26000.00 4/26/06
MI 2578921 77.00 4/26/96
48187 31
9.49%
ROCHESTE HILLS MI 120 $9,559.62
UNKNW 105 1.75 10000.00 5/2/06
MI 2578922 80.00 5/2/96
48442 28
10.25%
PITTSFOR NY 120 $19,498.02
UNKNW 105 2.00 21000.00 5/10/06
NY 2578923 80.00 5/10/96
14534 25
10.5%
MONTPELI VA 120 $9,134.04
UNKNW 104 0.99 10000.00 4/25/06
VA 2578924 57.00 4/25/96
23192 37
9.49%
RICHMOND CA 120 $7,832.10
UNKNW 104 0.99 100000.00 4/24/06
CA 2578925 77.00 4/24/96
94803 31
9.49%
VIENNA VA 120 $26,946.76
UNKNW 104 0.99 30000.00 4/25/06
VA 2578926 51.00 4/25/96
22180 37
9.49%
ANDERSON IN
UNKNW 120 0.99 $23,135.06
IN 2578927 73.00 104 30000.00 4/17/96
46011 33 12:00 AM
9.49%
210 AZALEA LANE 120 $9,902.15
UNCASVILLE 106 1.99 10000.00 6/10/06
CT 2578928 88.00 6/10/96
06382 33
10.49%
BRENTWOO NH 120 $58,707.47
UNKNW 105 0.99 64000.00 5/23/06
NH 2578929 70.00 5/23/96
03833 46
9.49%
BIRMINGH MI 120 $27,424.11
UNKNW 105 0.99 28000.00 5/6/06
MI 2578930 79.00 5/6/96
48009 35
9.49%
SAN DIEGO CA 120 $18,105.35
UNKNW 104 3.00 21700.00 4/23/06
CA 2578931 90.00 4/23/96
92129 27
11.5%
SANDWICH MA 120 $12,753.82
UNKNW 104 2.50 12800.00 4/23/06
MA 2578932 90.00 4/23/96
02563 0
11.%
STEAMBOA SPRINGS, CO 120 $22,234.92
UNKNW 104 2.00 100000.00 4/4/06
CO 2578933 74.00 4/4/96
80477 27
10.5%
CASTRO VALLEY CA 120 $4,093.99
UNKNW 104 2.00 40000.00 4/8/06
CA 2578934 79.00 4/8/96
94546 23
10.5%
CHOUTEAU OK 120 $15,934.51
UNKNW 105 1.99 16000.00 5/31/06
OK 2578935 89.00 5/31/96
74337 42
10.49%
TIVERTON RI 120 $20,842.11
UNKNW 106 0.99 21000.00 6/5/06
RI 2578936 76.00 6/5/96
02878 44
9.49%
MODESTO CA 120 $74,266.29
UNKNW 105 0.99 75000.00 5/28/06
CA 2578937 82.00 5/28/96
95355 41
9.49%
BROWNSVI WI
UNKNW 120 0.99 $19,448.02
WI 2578938 68.00 104 20000.00 4/17/96
53006 23 12:00 AM
9.49%
INDIANAP IN 120 $23,488.30
UNKNW 104 0.99 50000.00 4/25/06
IN 2578939 49.00 4/25/96
46236 32
9.49%
BURNSVIL MN 120 $18,656.19
UNKNW 106 0.99 26000.00 6/4/06
MN 2578940 54.00 6/4/96
55337 42
9.49%
BYRON MI 120 $23,885.96
UNKNW 104 1.75 25000.00 4/18/06
MI 2578941 21.00 4/18/96
48418 33
10.25%
BLOOMFIE MI 120 $23,124.29
UNKNW 105 0.99 25000.00 5/9/06
MI 2578942 80.00 5/9/96
48304 0
9.49%
LONG BEACH CA 120 $19,806.59
UNKNW 104 0.99 20000.00 4/29/06
CA 2578943 77.00 4/29/96
90804 0
9.49%
NORFOLK MA 120 $27,089.25
UNKNW 105 0.99 30000.00 5/2/06
MA 2578944 48.00 5/2/96
02056 38
9.49%
BAY CITY MI 120 $36,000.00
UNKNW 105 0.99 36000.00 5/13/06
MI 2578945 67.00 5/13/96
48708 44
9.49%
SPRINGFI MO 120 $21,644.42
UNKNW 105 0.99 23600.00 5/21/06
MO 2578946 80.00 5/21/96
65807 44
9.49%
CORDOVA TN 120 $32,903.94
UNKNW 104 2.75 33700.00 4/4/06
TN 2578947 90.00 4/4/96
38018 31
11.25%
TRENTON MI 120 $15,460.66
UNKNW 104 3.00 20200.00 4/17/06
MI 2578948 90.00 4/17/96
48183 36
11.5%
BASALT CO
UNKNW 120 1.75 $23,857.96
CO 2578949 75.00 104 28000.00 4/4/96
81621 34 12:00 AM
10.25%
MESA AZ 120 $10,670.52
UNKNW 104 2.00 25100.00 4/8/06
AZ 2578950 66.00 4/8/96
85201 39
10.5%
BAKERSFI CA 120 $4,226.16
UNKNW 104 0.99 12800.00 4/24/06
CA 2578951 80.00 4/24/96
93309 21
9.49%
BALLWIN MO 120 $8,640.99
UNKNW 104 3.00 10000.00 4/8/06
MO 2578952 84.00 4/8/96
63021 21
11.5%
WATERFOR MI 120 $11,886.28
UNKNW 104 1.75 12000.00 4/8/06
MI 2578953 57.00 4/8/96
48329 36
10.25%
TROY MI 120 $21,661.74
UNKNW 104 1.75 33500.00 4/9/06
MI 2578954 92.00 4/9/96
48083 44
10.25%
OCEANSID CA 120 $33,017.04
UNKNW 104 2.50 36000.00 4/17/06
CA 2578955 90.00 4/17/96
92056 43
11.%
ALGONAC MI 120 $28,101.51
UNKNW 104 0.99 30000.00 4/18/06
MI 2578956 79.00 4/18/96
48001 39
9.49%
EAST WINDSOR NJ 120 $18,190.70
UNKNW 105 0.99 22600.00 5/31/06
NJ 2578957 80.00 5/31/96
08520 25
9.49%
25 WEST CHERRY STREET 120 $13,742.31
RISING SUN 104 0.99 20200.00 4/23/06
MD 2578958 90.00 4/23/96
21911 23
9.49%
REVERE MA 120 $10,950.00
UNKNW 106 0.99 11000.00 6/19/06
MA 2578959 68.00 6/19/96
02151 48
9.49%
BURBANK IL
UNKNW 120 0.99 $26,726.25
IL 2578960 62.00 104 30000.00 4/12/96
60459 37 12:00 AM
9.49%
BATTLEFI MO 120 $17,937.84
UNKNW 105 0.99 18900.00 5/10/06
MO 2578961 80.00 5/10/96
65619 26
9.49%
CAIRO GA 120 $29,674.50
UNKNW 105 0.99 30000.00 5/15/06
GA 2578962 79.00 5/15/96
31728 37
9.49%
HILTON HEAD SC 120 $41,940.73
UNKNW 106 0.99 50000.00 6/11/06
SC 2578963 32.00 6/11/96
29928 37
9.49%
SAN LORENZO CA 120 $10,794.37
UNKNW 104 0.99 20000.00 4/17/06
CA 2578964 67.00 4/17/96
94580 39
9.49%
CHINO HILLS CA 120 $15,115.12
UNKNW 106 0.99 17000.00 6/14/06
CA 2578965 85.00 6/14/96
91709 22
9.49%
PENSACOL FL 120 $18,911.02
UNKNW 105 0.99 19000.00 5/1/06
FL 2578966 76.00 5/1/96
32514 45
9.49%
GREENBRI TN 120 $32,864.14
UNKNW 105 0.99 33000.00 5/30/06
TN 2578967 73.00 5/30/96
37073 26
9.49%
WARREN MI 120 $14,809.30
UNKNW 104 0.99 15000.00 4/22/06
MI 2578968 74.00 4/22/96
48089 39
9.49%
36 TINC ROAD 120 $18,900.35
FLANDERS 113 1.99 20000.00 1/9/07
NJ 2578969 84.00 1/9/97
07836 27
10.49%
MAYVILLE ND 60 $14,832.20
UNKNW 45 0.99 18800.00 5/30/01
ND 2578970 80.00 5/30/96
58257 19
9.49%
GRANITE CITY IL
UNKNW 120 0.99 $12,561.84
IL 2578971 80.00 106 13000.00 6/18/96
62040 42 12:00 AM
9.49%
MIAMI FL 120 $26,851.06
UNKNW 105 1.49 28400.00 5/3/06
FL 2578972 80.00 5/3/96
33175 39
9.99%
FARRELL PA 120 $20,905.34
UNKNW 105 0.99 21000.00 5/10/06
PA 2578973 80.00 5/10/96
16121 20
9.49%
GARDEN GROVE CA 120 $29,600.00
UNKNW 105 0.99 29600.00 5/9/06
CA 2578974 80.00 5/9/96
92840 40
9.49%
PORTALES NM 120 $13,325.00
UNKNW 105 2.00 15000.00 5/15/06
NM 2578975 64.00 5/15/96
88130 43
10.5%
POMPANO BEACH FL 120 $23,176.82
UNKNW 106 0.99 24000.00 6/11/06
FL 2578976 80.00 6/11/96
33060 43
9.49%
WHITE LAKE MI 120 $54,677.13
UNKNW 104 0.99 90000.00 4/24/06
MI 2578977 79.00 4/24/96
48383 23
9.49%
STURGEON LAKE MN 120 $21,095.27
UNKNW 105 0.99 21800.00 5/2/06
MN 2578978 80.00 5/2/96
55783 43
9.49%
NEWARK DE 120 $12,996.22
UNKNW 104 0.99 29000.00 4/11/06
DE 2578979 80.00 4/11/96
19711 31
9.49%
STERLING HEIGHTS MI 120 $27,039.56
UNKNW 104 0.99 29000.00 4/10/06
MI 2578980 80.00 4/10/96
48313 46
9.49%
R. R. #1 BOX 261 120 $34,770.49
HAUBSTADT 108 0.99 35000.00 8/29/06
IN 2578981 67.00 8/29/96
47639 19
9.49%
LINDENHU IL
UNKNW 120 0.99 $24,665.43
IL 2578982 69.00 105 25000.00 5/2/96
60046 42 12:00 AM
9.49%
LONDON DARRY NH 120 $25,099.45
UNKNW 104 1.25 25100.00 4/9/06
NH 2578983 73.00 4/9/96
03053 50
9.75%
GLENDALE AZ 120 $29,858.91
UNKNW 104 2.75 30000.00 4/10/06
AZ 2578984 85.00 4/10/96
85310 22
11.25%
WANTAGH NY 120 $18,856.38
UNKNW 104 3.00 19000.00 4/3/06
NY 2578985 90.00 4/3/96
11793 38
11.5%
PLACENTI CA 120 $20,880.72
UNKNW 105 0.99 37700.00 5/13/06
CA 2578986 80.00 5/13/96
92870 25
9.49%
LIVONIA MI 120 $19,182.06
UNKNW 104 1.49 30000.00 4/26/06
MI 2578987 57.00 4/26/96
48154 33
9.99%
LAUDERDA LAKES FL 120 $14,864.31
UNKNW 105 0.99 15000.00 5/20/06
FL 2578988 72.00 5/20/96
33311 45
9.49%
GRAND ISLAND NY 120 $21,800.92
UNKNW 104 0.99 25000.00 4/29/06
NY 2578989 60.00 4/29/96
14072 30
9.49%
MIDLOTHI VA 120 $13,880.73
UNKNW 105 0.99 15000.00 5/17/06
VA 2578990 56.00 5/17/96
23113 28
9.49%
VERNON NJ 120 $19,647.57
UNKNW 105 0.99 20000.00 5/21/06
NJ 2578991 77.00 5/21/96
07462 44
9.49%
ORANGE PARK FL 120 $15,790.51
UNKNW 104 0.99 17500.00 4/12/06
FL 2578992 80.00 4/12/96
32065 34
9.49%
LUCAS KY
UNKNW 120 0.99 $22,381.66
KY 2578993 65.00 105 35000.00 5/9/96
42156 43 12:00 AM
9.49%
FRANKLIN TN 120 $444.48
UNKNW 104 0.99 30000.00 4/22/06
TN 2578994 70.00 4/22/96
37064 25
9.49%
409 E. RIALTO 120 $28,828.48
FRESNO 107 1.99 29000.00 7/12/06
CA 2578995 90.00 7/12/96
93704 45
10.49%
BROWNSBU IN 120 $21,456.30
UNKNW 104 0.99 22700.00 4/26/06
IN 2578996 80.00 4/26/96
46112 33
9.49%
MIAMI FL 120 $14,988.24
UNKNW 105 0.99 15000.00 5/20/06
FL 2578997 76.00 5/20/96
33186 44
9.49%
BENTON HARBOR MI 120 $59,004.39
UNKNW 105 0.99 58000.00 5/6/06
MI 2578998 56.00 5/6/96
49022 32
9.49%
HOLBROOK NY 120 $28,839.83
UNKNW 104 0.99 30000.00 4/23/06
NY 2578999 65.00 4/23/96
11741 22
9.49%
SAGINAW MI 120 $15,177.44
UNKNW 104 0.99 15300.00 4/18/06
MI 2579000 80.00 4/18/96
48603 33
9.49%
BARRINGT IL 120 $29,441.47
UNKNW 104 0.99 30000.00 4/26/06
IL 2579001 57.00 4/26/96
60010 48
9.49%
ROCHESTE HILLS MI 120 $8,308.63
UNKNW 104 1.75 25000.00 4/23/06
MI 2579002 32.00 4/23/96
48309 0
10.25%
CORONA CA 120 $11,340.45
UNKNW 106 1.99 11800.00 6/7/06
CA 2579003 90.00 6/7/96
91720 31
10.49%
UNIONVIL CT
UNKNW 120 0.99 $86,300.84
CT 2579004 80.00 105 90300.00 5/29/96
06085 37 12:00 AM
9.49%
ST ALBANS VT 120 $3,334.34
UNKNW 105 0.99 21800.00 5/7/06
VT 2579005 80.00 5/7/96
05478 30
9.49%
OXFORD MI 120 $38,820.27
UNKNW 104 0.99 40000.00 4/24/06
MI 2579006 85.00 4/24/96
48371 34
9.49%
WARWICK RI 120 $23,689.33
UNKNW 104 0.99 23700.00 4/26/06
RI 2579007 80.00 4/26/96
02889 32
9.49%
LAWTON OK 120 $34,463.67
UNKNW 106 1.99 40000.00 6/10/06
OK 2579008 90.00 6/10/96
73507 0
10.49%
SAN DIMAS CA 119 $32,599.06
UNKNW 104 4.00 35000.00 4/25/06
CA 2579009 97.00 5/30/96
91773 39
12.5%
WYOMING MI 120 $14,367.38
UNKNW 104 3.00 14300.00 4/29/06
MI 2579010 90.00 4/29/96
49509 44
11.5%
WEST BLOOMFIELD MI 120 $96,401.70
UNKNW 104 1.00 100000.00 4/17/06
MI 2579011 89.00 4/17/96
48323 43
9.5%
SANTA FE NM 120 $14,661.96
UNKNW 104 3.00 16600.00 4/12/06
NM 2579012 90.00 4/12/96
87505 0
11.5%
MASON MI 120 $17,940.76
UNKNW 104 2.75 18700.00 4/9/06
MI 2579013 90.00 4/9/96
48854 0
11.25%
RIVERBAN CA 120 $29,207.39
UNKNW 104 0.99 30000.00 4/25/06
CA 2579014 65.00 4/25/96
95367 31
9.49%
CHARLOTT NC
UNKNW 120 0.99 $15,772.04
NC 2579015 79.00 105 16900.00 5/7/96
28269 47 12:00 AM
9.49%
SILVER CITY NM 120 $26,703.65
UNKNW 105 0.99 30000.00 5/22/06
NM 2579016 75.00 5/22/96
88062 0
9.49%
ADDISON TOWNSHIP MI 120 $21,494.94
UNKNW 105 0.50 26800.00 5/2/06
MI 2579017 80.00 5/2/96
48370 36
9.%
MIDLAND MI 120 $11,590.47
UNKNW 104 1.75 12000.00 4/2/06
MI 2579018 80.00 4/2/96
48642 44
10.25%
EAST MEADOW NY 120 $4,538.20
UNKNW 105 0.99 36300.00 5/15/06
NY 2579019 80.00 5/15/96
11554 39
9.49%
MOORHEAD MN 120 $17,071.66
UNKNW 104 1.99 17100.00 4/23/06
MN 2579020 90.00 4/23/96
56560 22
10.49%
GREENCAS PA 120 $16,565.58
UNKNW 104 0.99 18800.00 4/10/06
PA 2579021 80.00 4/10/96
17225 29
9.49%
CLARKSTO MI 120 $34,444.53
UNKNW 105 0.99 60000.00 5/20/06
MI 2579022 79.00 5/20/96
48348 24
9.49%
JEFFERSO OR 120 $2,881.58
UNKNW 104 0.99 10000.00 4/29/06
OR 2579023 3.00 4/29/96
97352 29
9.49%
GRIFFIN GA 120 $48,042.88
UNKNW 104 2.50 50000.00 4/18/06
GA 2579024 90.00 4/18/96
30223 37
11.%
ARVADA CO 120 $12,378.15
UNKNW 104 3.00 13000.00 4/5/06
CO 2579025 85.00 4/5/96
80003 34
11.5%
MEHLVILL MO
UNKNW 120 0.99 $13,984.07
MO 2579026 80.00 104 15800.00 4/17/96
63129 31 12:00 AM
9.49%
GLOCESTE RI 120 $13,811.06
UNKNW 104 0.99 40000.00 4/19/06
RI 2579027 74.00 4/19/96
02828 39
9.49%
PO BOX 7729 120 $16,011.62
JACKSON, 105 0.99 25000.00 5/14/06
WY 2579028 40.00 5/14/96
83002 34
9.49%
ROCHESTE HILLS MI 120 $19,277.07
UNKNW 105 0.99 20000.00 5/8/06
MI 2579029 61.00 5/8/96
48309 30
9.49%
WINSTED MN 120 $12,620.31
UNKNW 104 0.99 15000.00 4/25/06
MN 2579030 80.00 4/25/96
55395 36
9.49%
CROWLEY LA 120 $19,974.46
UNKNW 104 0.99 20000.00 4/18/06
LA 2579031 80.00 4/18/96
70526 27
9.49%
GARDNER MA 120 $41,995.65
UNKNW 105 1.99 45100.00 5/30/06
MA 2579032 90.00 5/30/96
01440 34
10.49%
LINCOLN RI 120 $25,058.40
UNKNW 104 1.75 31500.00 4/25/06
RI 2579033 75.00 4/25/96
02865 46
10.25%
ELK CITY OK 120 $13,300.22
UNKNW 104 0.99 14200.00 4/5/06
OK 2579034 80.00 4/5/96
73644 0
9.49%
WATERFOR TOWNSHIP MI 120 $17,100.00
UNKNW 103 2.75 18600.00 3/29/06
MI 2579035 86.00 3/29/96
48329 0
11.25%
CHICAGO IL 120 $8,066.92
UNKNW 105 1.99 10400.00 5/9/06
IL 2579036 90.00 5/9/96
60649 29
10.49%
BELLEVIL IL
UNKNW 120 0.99 $10,892.46
IL 2579037 80.00 105 19400.00 5/21/96
62221 29 12:00 AM
9.49%
LA VERNE CA 120 $13,000.00
UNKNW 104 0.99 29200.00 4/29/06
CA 2579038 80.00 4/29/96
91750 28
9.49%
NORTHRID CA 120 $20,000.00
UNKNW 104 0.99 30000.00 4/26/06
CA 2579039 43.00 4/26/96
91325 35
9.49%
BRECKENR CO 120 $19,849.59
UNKNW 104 2.00 20000.00 4/9/06
CO 2579040 69.00 4/9/96
80424 47
10.5%
HARWINTO CT 120 $10,238.77
UNKNW 104 1.99 13500.00 4/23/06
CT 2579041 90.00 4/23/96
06791 34
10.49%
LEWISTON NY 120 $1,429.63
P O BOX 106 0.99 100000.00 6/10/06
NY 2579042 49.00 6/10/96
14092 35
9.49%
HOKESSIN DE 120 $24,712.04
UNKNW 104 0.99 30000.00 4/9/06
DE 2579043 80.00 4/9/96
19707 39
9.49%
LA CROSSE WI 120 $7,707.86
UNKNW 105 0.99 10000.00 5/20/06
WI 2579044 45.00 5/20/96
54601 63
9.49%
3909 VISTA CREST DRIVE 120 $13,550.56
RENO 108 1.99 19900.00 8/7/06
NV 2579045 90.00 8/7/96
89509 35
10.49%
ALBANY OR 120 $45,988.96
UNKNW 104 0.99 60000.00 4/17/06
OR 2579046 59.00 4/17/96
97321 24
9.49%
WEST COVINA CA 120 $11,874.40
UNKNW 105 0.99 30000.00 5/8/06
CA 2579047 63.00 5/8/96
91792 0
9.49%
ORONO MN
UNKNW 120 0.99 $99,387.40
MN 2579048 54.00 105 100000.00 5/8/96
55391 36 12:00 AM
9.49%
ORCHARD PARK NY 120 $40,283.79
UNKNW 105 0.99 48000.00 5/2/06
NY 2579049 80.00 5/2/96
14127 35
9.49%
ROYAL OAK MI 120 $9,125.93
UNKNW 104 0.99 12000.00 4/22/06
MI 2579050 55.00 4/22/96
48073 37
9.49%
SHIPPENS PA 120 $28,585.57
UNKNW 104 0.99 30000.00 4/5/06
PA 2579051 79.00 4/5/96
17257 19
9.49%
FLORISSA MO 120 $34,403.81
UNKNW 105 0.99 37000.00 5/3/06
MO 2579052 80.00 5/3/96
63034 32
9.49%
LOCKPORT NY 120 $40,516.40
UNKNW 105 1.99 40000.00 5/13/06
NY 2579053 90.00 5/13/96
14094 29
10.49%
SEVERNA PARK MD 120 $24,993.49
UNKNW 105 0.99 25000.00 5/2/06
MD 2579054 70.00 5/2/96
21146 26
9.49%
ASHLAND WI 120 $49,636.42
UNKNW 105 0.99 50000.00 5/21/06
WI 2579055 35.00 5/21/96
54806 22
9.49%
JANESVIL CA 120 $23,286.23
UNKNW 105 0.99 25000.00 5/7/06
CA 2579056 26.00 5/7/96
96114 46
9.49%
SUNNYVAL CA 120 $15,608.58
UNKNW 104 2.00 30000.00 4/2/06
CA 2579057 37.00 4/2/96
94089 26
10.5%
FREMONT HILLS MO 120 $30,000.00
UNKNW 105 1.50 30000.00 5/2/06
MO 2579058 74.00 5/2/96
65714 40
10.%
VERO BEACH FL
UNKNW 120 0.99 $25,000.00
FL 2579059 79.00 105 25000.00 5/2/96
32962 46 12:00 AM
9.49%
KILA MT 120 $28,699.08
UNKNW 104 0.99 30000.00 4/17/06
MT 2579060 75.00 4/17/96
59920 43
9.49%
MAYS LANDING NJ 120 $34,723.46
UNKNW 104 0.99 35000.00 4/30/06
NJ 2579061 77.00 4/30/96
08330 38
9.49%
BEVERLY HILLS MI 120 $15,692.11
UNKNW 104 3.00 16500.00 4/4/06
MI 2579062 90.00 4/4/96
48025 29
11.5%
ENGLEWOO OH 120 $19,149.08
UNKNW 109 2.75 25000.00 9/12/06
OH 2579063 90.00 9/12/96
45322 38
11.25%
CINCINNA OH 120 $14,184.42
UNKNW 104 3.00 17500.00 4/3/06
OH 2579064 90.00 4/3/96
45251 27
11.5%
MIAMISBU OH 120 $27,201.92
UNKNW 104 1.50 27500.00 4/3/06
OH 2579065 80.00 4/3/96
45403 27
10.%
FORT GRATIOT MI 120 $18,291.22
UNKNW 104 0.99 18500.00 4/29/06
MI 2579066 77.00 4/29/96
48059 45
9.49%
ROCHESTE HILLS MI 120 $38,581.00
UNKNW 104 0.99 40000.00 4/22/06
MI 2579067 67.00 4/22/96
48309 43
9.49%
ALGONAC MI 120 $85,853.55
UNKNW 104 1.25 92700.00 4/22/06
MI 2579068 80.00 4/22/96
48001 35
9.75%
LOS GATOS CA 120 $94,012.02
UNKNW 104 0.99 100000.00 4/23/06
CA 2579069 68.00 4/23/96
95032 29
9.49%
SOUTHFIE MI
UNKNW 120 0.99 $28,284.66
MI 2579070 60.00 105 30000.00 5/13/96
48075 36 12:00 AM
9.49%
OKLAHOMA CITY OK 120 $15,660.50
UNKNW 104 1.75 24100.00 4/30/06
OK 2579071 80.00 4/30/96
73129 31
10.25%
FORT MYERS FL 120 $24,902.59
UNKNW 104 2.00 25000.00 4/4/06
FL 2579072 64.00 4/4/96
33908 40
10.5%
RIDGEFIE PARK NJ 120 $42,600.00
UNKNW 107 0.99 45600.00 7/5/06
NJ 2579073 80.00 7/5/96
07660 44
9.49%
ROSCOMMO MI 120 $29,726.14
UNKNW 104 0.99 30000.00 4/5/06
MI 2579074 85.00 4/5/96
48653 29
9.49%
MOHNTON PA 120 $20,000.00
UNKNW 104 3.00 20000.00 4/19/06
PA 2579075 85.00 4/19/96
19540 25
11.5%
MORRISTO NJ 120 $6,482.97
UNKNW 104 0.99 10000.00 4/23/06
NJ 2579076 81.00 4/23/96
07960 40
9.49%
STATEN ISLAND NY 120 $13,009.31
UNKNW 104 0.99 30000.00 4/12/06
NY 2579077 73.00 4/12/96
10306 39
9.49%
PETALUMA CA 120 $10,063.21
UNKNW 104 0.99 30000.00 4/5/06
CA 2579078 69.00 4/5/96
94952 43
9.49%
MARLBORO MA 120 $2,544.24
UNKNW 105 3.00 14000.00 5/3/06
MA 2579079 86.00 5/3/96
01752 38
11.5%
ST MARYS PA 120 $47,175.59
UNKNW 104 0.99 63100.00 4/19/06
PA 2579080 80.00 4/19/96
15857 37
9.49%
WILLIS MI
UNKNW 120 0.99 $29,486.20
MI 2579081 77.00 104 38500.00 4/16/96
48191 44 12:00 AM
9.49%
BETTENDO IA 120 $16,251.37
UNKNW 104 0.99 17200.00 4/23/06
IA 2579082 80.00 4/23/96
52722 27
9.49%
SAUK RAPIDS MN 120 $22,671.85
UNKNW 104 2.00 22800.00 4/24/06
MN 2579083 80.00 4/24/96
56379 35
10.5%
LOOMIS CA 120 $23,130.31
UNKNW 104 0.99 25000.00 4/5/06
CA 2579084 47.00 4/5/96
95650 42
9.49%
ROCHESTE HILLS MI 120 $14,291.49
UNKNW 103 4.00 24000.00 3/27/06
MI 2579085 100.00 3/27/96
48307 35
12.5%
FORT LAUDERDALE FL 120 $18,517.53
UNKNW 104 2.00 38000.00 4/5/06
FL 2579086 80.00 4/5/96
33312 23
10.5%
PORT CLINTON OH 120 $42,419.01
UNKNW 104 2.50 43900.00 4/8/06
OH 2579087 90.00 4/8/96
43452 0
11.%
BATON ROUGE LA 120 $12,879.17
UNKNW 104 3.00 17600.00 4/2/06
LA 2579088 90.00 4/2/96
70817 29
11.5%
GRAND HAVEN MI 120 $27,418.62
UNKNW 104 2.50 32000.00 4/3/06
MI 2579089 87.00 4/3/96
49417 31
11.%
GALWAY NY 120 $29,543.52
UNKNW 104 0.99 30000.00 4/1/06
NY 2579090 26.00 4/1/96
12074 50
9.49%
GOLDEN VALLEY MN 120 $31,697.27
UNKNW 104 0.99 33000.00 4/25/06
MN 2579091 44.00 4/25/96
55416 47
9.49%
SALINAS CA
UNKNW 120 0.99 $23,634.92
CA 2579092 73.00 104 30000.00 4/10/96
93906 33 12:00 AM
9.49%
41 LOTOWANA LANE 120 $52,643.39
STONYBROOK 108 0.99 70000.00 8/5/06
NY 2579093 78.00 8/5/96
11790 40
9.49%
SHRUB OAK NY 120 $13,346.38
UNKNW 104 1.99 17000.00 4/4/06
NY 2579094 79.00 4/4/96
10588 34
10.49%
60601 KITTLE RD 120 $77,483.45
WASHINGTON 106 0.99 80000.00 6/18/06
MI 2579095 43.00 6/18/96
48094 43
9.49%
OAKLAND NJ 120 $8,540.14
UNKNW 104 0.99 29000.00 4/17/06
NJ 2579096 80.00 4/17/96
07436 36
9.49%
MONTAUK, NY 120 $38,807.76
UNKNW 106 0.99 40000.00 6/13/06
NY 2579097 58.00 6/13/96
11954 42
9.49%
ST. PETERS MO 120 $28,027.63
UNKNW 104 2.75 29100.00 4/25/06
MO 2579098 90.00 4/25/96
63376 34
11.25%
DETROIT MI 120 $19,370.33
UNKNW 105 1.99 19400.00 5/1/06
MI 2579099 90.00 5/1/96
48224 32
10.49%
PORTLAND OR 120 $22,017.04
UNKNW 104 0.99 30000.00 4/15/06
OR 2579100 22.00 4/15/96
97219 7
9.49%
MOUNT PLEASANT PA 120 $23,472.37
UNKNW 105 0.99 25000.00 5/3/06
PA 2579101 79.00 5/3/96
15666 32
9.49%
LIVERPOO NY 120 $11,121.19
UNKNW 104 1.49 16000.00 4/18/06
NY 2579102 75.00 4/18/96
13088 39
9.99%
BROUSSAR LA
UNKNW 120 0.99 $8,815.50
LA 2579103 67.00 105 10000.00 5/14/96
70518 25 12:00 AM
9.49%
MORTON GROVE IL 120 $10,911.67
UNKNW 104 2.00 20000.00 4/10/06
IL 2579104 49.00 4/10/96
60053 41
10.5%
TEMPERAN MI 120 $81,664.94
UNKNW 105 0.99 81700.00 5/7/06
MI 2579105 90.00 5/7/96
48182 34
9.49%
ALTO MI 120 $24,194.25
UNKNW 105 0.99 25800.00 5/9/06
MI 2579106 80.00 5/9/96
49302 41
9.49%
CHESTERF MO 120 $23,368.12
UNKNW 105 0.99 25000.00 5/10/06
MO 2579107 72.00 5/10/96
63005 46
9.49%
SAINT FRANCISVILLE LA 120 $25,072.14
UNKNW 104 0.99 25200.00 4/19/06
LA 2579108 80.00 4/19/96
70775 39
9.49%
PHOENIX AZ 120 $18,618.79
UNKNW 104 3.00 25100.00 4/17/06
AZ 2579109 81.00 4/17/96
85022 0
11.5%
FLETCHER NC 120 $19,886.51
UNKNW 104 1.99 19900.00 4/26/06
NC 2579110 90.00 4/26/96
28732 33
10.49%
WHITMAN MA 120 $22,919.10
UNKNW 104 0.99 23100.00 4/15/06
MA 2579111 80.00 4/15/96
02382 37
9.49%
RIVERVAL NJ 120 $24,762.62
UNKNW 104 0.99 25000.00 4/17/06
NJ 2579112 66.00 4/17/96
07675 37
9.49%
HIGHLAND MI 120 $28,880.36
UNKNW 104 0.99 30000.00 4/11/06
MI 2579113 75.00 4/11/96
48356 34
9.49%
ABSECON NJ
UNKNW 120 0.99 $13,180.97
NJ 2579114 70.00 104 15000.00 4/11/96
08201 25 12:00 AM
9.49%
WESTWOOD NJ 120 $22,946.55
UNKNW 104 1.99 32100.00 4/22/06
NJ 2579115 89.00 4/22/96
07675 36
10.49%
SOUTH ORANGE NJ 120 $33,295.85
UNKNW 103 2.75 35000.00 3/27/06
NJ 2579116 90.00 3/27/96
07079 39
11.25%
SUN VALLEY NV 120 $23,921.77
UNKNW 103 3.00 26500.00 3/26/06
NV 2579117 90.00 3/26/96
89433 30
11.5%
ESTACADA OR 120 $6,868.46
UNKNW 104 3.00 19800.00 4/9/06
OR 2579118 90.00 4/9/96
97023 39
11.5%
CHINO CA 120 $14,202.06
UNKNW 104 3.00 14400.00 4/6/06
CA 2579119 90.00 4/6/96
91710 39
11.5%
NEWMARKE NH 120 $24,300.00
UNKNW 104 0.99 28200.00 4/2/06
NH 2579120 82.00 4/2/96
03857 26
9.49%
ROCHESTE HILLS MI 120 $34,282.51
UNKNW 104 0.99 35000.00 4/11/06
MI 2579121 74.00 4/11/96
48309 33
9.49%
YOUNGSTO OH 120 $24,321.44
UNKNW 104 0.99 33000.00 4/17/06
OH 2579122 80.00 4/17/96
44515 27
9.49%
JACKSONV FL 120 $15,986.21
UNKNW 105 0.99 16000.00 5/29/06
FL 2579123 80.00 5/29/96
32223 32
9.49%
CHINO HILLS CA 120 $25,649.62
UNKNW 104 1.99 26200.00 4/24/06
CA 2579124 90.00 4/24/96
91709 0
10.49%
DICKSON TN
UNKNW 120 0.99 $18,189.87
TN 2579125 56.00 104 20000.00 4/22/96
37055 44 12:00 AM
9.49%
CONCIORD CA 120 $17,381.09
UNKNW 104 2.00 19600.00 4/29/06
CA 2579126 80.00 4/29/96
94521 37
10.5%
OVERLAND PARK KS 120 $22,239.62
UNKNW 104 0.99 30000.00 4/3/06
KS 2579127 34.00 4/3/96
66214 29
9.49%
N MASSAPQUA NY 120 $17,657.92
UNKNW 105 0.99 31000.00 5/10/06
NY 2579128 80.00 5/10/96
11758 44
9.49%
LAFAYETT LA 120 $55,640.85
UNKNW 105 1.50 67300.00 5/8/06
LA 2579129 80.00 5/8/96
70505 36
10.%
SUNNYVAL CA 120 $577.30
UNKNW 104 0.99 25000.00 4/10/06
CA 2579130 46.00 4/10/96
94087 35
9.49%
DOWNERS GROVE IL 120 $10,696.12
UNKNW 104 0.99 13500.00 4/2/06
IL 2579131 80.00 4/2/96
60516 25
9.49%
22060 AUBURN AVENUE 120 $33,674.14
HOLT 107 0.99 35000.00 7/12/06
MI 2579132 80.00 7/12/96
48842 30
9.49%
READING PA 120 $10,845.15
UNKNW 104 3.00 11000.00 4/12/06
PA 2579133 92.00 4/12/96
19601 20
11.5%
HAVRE DE GRACE MD 120 $51,076.82
UNKNW 105 0.99 52900.00 5/1/06
MD 2579134 80.00 5/1/96
21078 30
9.49%
COLUMBIA TN 120 $25,139.51
UNKNW 104 2.50 35800.00 4/4/06
TN 2579135 90.00 4/4/96
38401 30
11.%
SALINAS CA
UNKNW 120 0.99 $24,619.55
CA 2579136 75.00 104 25000.00 4/23/96
93908 39 12:00 AM
9.49%
LA HABRA CA 120 $12,487.06
UNKNW 104 0.99 14000.00 4/26/06
CA 2579137 85.00 4/26/96
90632 44
9.49%
SAN JOSE CA 120 $10,618.06
UNKNW 104 2.00 15000.00 4/9/06
CA 2579138 77.00 4/9/96
95127 35
10.5%
IMLAY CITY MI 120 $29,932.90
UNKNW 104 0.99 30000.00 4/19/06
MI 2579139 61.00 4/19/96
48444 42
9.49%
PORTSMOU NH 120 $12,035.47
UNKNW 104 0.99 12700.00 4/23/06
NH 2579140 80.00 4/23/96
03801 0
9.49%
1164 HENDRICKSON 120 $6,646.86
CLAWSON 107 0.99 34900.00 7/16/06
MI 2579141 80.00 7/16/96
48017 37
9.49%
LAKE OSWEGO OR 120 $16,766.49
UNKNW 104 3.00 20000.00 4/4/06
OR 2579142 86.00 4/4/96
97035 40
11.5%
LOS ALTOS CA 120 $15,475.48
UNKNW 104 2.00 25000.00 4/1/06
CA 2579143 30.00 4/1/96
94024 30
10.5%
SCOTTSDA AZ 120 $29,907.90
UNKNW 104 2.75 30000.00 4/1/06
AZ 2579144 89.00 4/1/96
85255 29
11.25%
MARTINEZ CA 120 $15,883.93
UNKNW 103 3.00 16000.00 3/22/06
CA 2579145 90.00 3/22/96
94553 38
11.5%
SAGINAW MI 120 $29,111.46
UNKNW 103 1.50 57000.00 3/22/06
MI 2579146 80.00 3/22/96
48609 36
10.%
PLAINFIE NJ
UNKNW 120 0.99 $60,794.94
NJ 2579147 80.00 104 99300.00 4/11/96
07060 28 12:00 AM
9.49%
DAVIS CA 120 $11,923.88
UNKNW 104 2.00 30000.00 4/8/06
CA 2579148 63.00 4/8/96
95616 36
10.5%
ARLINGTO HEIGHTS IL 120 $8,511.19
UNKNW 105 2.00 68000.00 5/7/06
IL 2579149 90.00 5/7/96
60004 23
10.5%
MALDEN BRIDGE NY 120 $15,475.63
UNKNW 104 0.99 28000.00 4/3/06
NY 2579150 76.00 4/3/96
12115 36
9.49%
ROCKFORD MI 120 $43,709.52
UNKNW 105 0.99 50000.00 5/1/06
MI 2579151 76.00 5/1/96
49341 0
9.49%
ANDERSON IN 120 $41,338.41
UNKNW 104 0.99 41500.00 4/23/06
IN 2579152 80.00 4/23/96
46017 22
9.49%
WEST BLOOMFIELD MI 120 $2,802.18
UNKNW 104 0.99 89000.00 4/22/06
MI 2579153 80.00 4/22/96
48322 30
9.49%
WEDDINGT NC 120 $29,164.68
UNKNW 105 0.99 30000.00 5/2/06
NC 2579154 33.00 5/2/96
28105 29
9.49%
PEMBROKE MA 120 $13,588.27
UNKNW 104 0.99 25000.00 4/18/06
MA 2579155 79.00 4/18/96
02359 0
9.49%
KALISPEL MT 120 $12,171.46
UNKNW 104 0.99 15000.00 4/9/06
MT 2579156 41.00 4/9/96
59901 33
9.49%
HASTINGS MN 120 $25,412.57
UNKNW 104 1.75 26000.00 4/19/06
MN 2579157 59.00 4/19/96
55033 21
10.25%
STERLING HEIGHTS MI
UNKNW 120 1.75 $20,477.15
MI 2579158 66.00 104 30000.00 4/11/96
48313 36 12:00 AM
10.25%
ROCHESTE MI 120 $51,692.14
UNKNW 105 1.00 70000.00 5/20/06
MI 2579159 80.00 5/20/96
48306 21
9.5%
LONG BRANCH NJ 120 $54,383.13
UNKNW 104 0.99 54000.00 4/17/06
NJ 2579160 78.00 4/17/96
07740 16
9.49%
ROCKVILL MD 120 $10,487.05
UNKNW 104 0.99 20000.00 4/24/06
MD 2579161 85.00 4/24/96
20853 22
9.49%
BEVERLY HILLS MI 120 $23,980.58
UNKNW 104 1.75 25000.00 4/18/06
MI 2579162 79.00 4/18/96
48025 42
10.25%
KANSAS CITY MO 120 $16,892.13
UNKNW 104 2.00 30000.00 4/25/06
MO 2579163 67.00 4/25/96
64110 0
10.5%
WRIGHT CITY MO 120 $17,722.87
UNKNW 103 1.75 18600.00 3/28/06
MO 2579164 90.00 3/28/96
63339 22
10.25%
MERAUX, LA 120 $14,797.91
UNKNW 105 0.99 15000.00 5/20/06
MS 2579165 75.00 5/20/96
70075 41
9.49%
NAPLES FL 120 $10,599.00
UNKNW 107 1.99 11000.00 7/1/06
FL 2579166 82.00 7/1/96
33999 39
10.49%
PINEHURS NC 120 $4,900.00
UNKNW 103 2.75 13500.00 3/21/06
NC 2579167 90.00 3/21/96
28374 42
11.25%
FORT WAYNE IN 120 $20,421.37
UNKNW 103 0.99 25000.00 3/29/06
IN 2579168 72.00 3/29/96
46804 37
9.49%
DOYLESTO PA
UNKNW 120 3.00 $14,884.59
PA 2579169 90.00 105 14900.00 5/24/96
18901 0 12:00 AM
11.5%
NORTH PLAINFIELD NJ 120 $27,558.24
UNKNW 106 0.99 30000.00 6/20/06
NJ 2579170 80.00 6/20/96
07060 36
9.49%
GROVELAN MA 120 $33,885.01
UNKNW 104 1.75 34400.00 4/8/06
MA 2579171 80.00 4/8/96
01834 41
10.25%
BLOOMFIE HILLS MI 120 $13,550.95
UNKNW 104 0.99 100000.00 4/9/06
MI 2579172 70.00 4/9/96
48304 23
9.49%
QUINCY FL 120 $12,343.97
UNKNW 105 0.99 12000.00 5/13/06
FL 2579173 79.00 5/13/96
32351 30
9.49%
BORDEN IN 120 $13,075.30
UNKNW 104 2.00 17000.00 4/17/06
IN 2579174 79.00 4/17/96
47106 29
10.5%
CANTON TOWNSHIP MI 120 $9,200.00
UNKNW 103 2.75 10000.00 3/25/06
MI 2579175 86.00 3/25/96
48188 34
11.25%
BROWNSBU IN 120 $30,089.53
UNKNW 104 1.75 35900.00 4/1/06
IN 2579176 80.00 4/1/96
46112 13
10.25%
1804 MARVALE AVE SE 120 $13,981.83
ROCHESTER 104 1.99 14000.00 4/19/06
MN 2579177 90.00 4/19/96
55904 39
10.49%
YORKVILL IL 120 $12,925.63
UNKNW 104 1.99 29000.00 4/1/06
IL 2579178 80.00 4/1/96
60560 35
10.49%
TULLY NY 120 $29,033.28
UNKNW 104 0.99 30000.00 4/2/06
NY 2579179 79.00 4/2/96
13159 25
9.49%
2P O BOX 175
MONTAUK 120 0.99 $29,918.90
NY 2579180 55.00 107 30000.00 7/18/96
11954 38 12:00 AM
9.49%
LITTLETO CO 120 $10,724.01
UNKNW 104 0.99 30000.00 4/14/06
CO 2579181 78.00 4/14/96
80124 25
9.49%
LAINGSBU MI 120 $24,038.25
UNKNW 104 0.99 30000.00 4/11/06
MI 2579182 69.00 4/11/96
48848 25
9.49%
WHEATLAN OK 120 $7,500.00
UNKNW 104 2.00 35000.00 4/30/06
OK 2579183 56.00 4/30/96
73097 39
10.5%
SAN RAFAEL CA 120 $49,952.21
UNKNW 104 0.99 50000.00 4/24/06
CA 2579184 21.00 4/24/96
94901 54
9.49%
GREENWOO IN 120 $11,374.55
UNKNW 105 0.99 30000.00 5/2/06
IN 2579185 52.00 5/2/96
46143 36
9.49%
MILL VALLEY CA 120 $67,483.98
UNKNW 105 0.99 77100.00 5/17/06
CA 2579186 75.00 5/17/96
94941 40
9.49%
LANSING MI 120 $18,144.93
UNKNW 104 1.75 18000.00 4/3/06
MI 2579187 80.00 4/3/96
48911 38
10.25%
NORWALK CT 120 $27,191.27
UNKNW 105 0.99 30000.00 5/28/06
CT 2579188 58.00 5/28/96
06855 0
9.49%
FENTON MI 120 $22,632.29
UNKNW 105 1.75 30000.00 5/16/06
MI 2579189 78.00 5/16/96
48430 26
10.25%
GRAND BLANC MI 120 $52,686.33
UNKNW 104 0.99 54300.00 4/18/06
MI 2579190 80.00 4/18/96
48439 44
9.49%
ALBERTVI AL
UNKNW 120 0.99 $39,041.64
AL 2579191 56.00 105 40000.00 5/8/96
35950 42 12:00 AM
9.49%
WINSTON SALEM NC 120 $22,547.40
UNKNW 104 0.99 28000.00 4/16/06
NC 2579192 80.00 4/16/96
27107 34
9.49%
SANTA ROSA CA 120 $13,632.15
UNKNW 104 2.00 14000.00 4/24/06
CA 2579193 80.00 4/24/96
95401 37
10.5%
GRAND RAPIDS MI 120 $19,673.92
UNKNW 103 3.00 20000.00 3/27/06
MI 2579194 90.00 3/27/96
49503 42
11.5%
WEBSTER GROVES MO 120 $24,655.69
UNKNW 104 3.00 25000.00 4/4/06
MO 2579195 84.00 4/4/96
63119 38
11.5%
BALLWIN MO 120 $20,761.97
UNKNW 103 3.00 23600.00 3/20/06
MO 2579196 90.00 3/20/96
63021 39
11.5%
NORTH BRUNSWICK NJ 120 $28,297.43
UNKNW 109 1.75 100000.00 9/16/06
NJ 2579197 67.00 9/16/96
08902 25
10.25%
GENESEE NY 120 $36,676.38
UNKNW 104 1.50 38000.00 4/29/06
NY 2579198 78.00 4/29/96
14454 47
10.%
DAVISON MI 120 $27,783.59
UNKNW 105 2.50 28400.00 5/7/06
MI 2579199 90.00 5/7/96
48423 0
11.%
LEONARD MI 120 $41,443.80
UNKNW 103 2.50 42200.00 3/27/06
MI 2579200 90.00 3/27/96
48367 39
11.%
MARION IA 120 $6,144.98
UNKNW 104 2.00 23000.00 4/5/06
IA 2579201 80.00 4/5/96
52302 14
10.5%
VALLEJO CA
UNKNW 120 0.99 $23,012.59
CA 2579202 80.00 103 23200.00 3/29/96
94589 45 12:00 AM
9.49%
DEARBORN HEIGHTS MI 120 $13,919.82
UNKNW 104 1.75 21000.00 4/2/06
MI 2579203 80.00 4/2/96
48127 30
10.25%
SAN JOSE CA 120 $11,370.22
UNKNW 105 0.99 20000.00 5/3/06
CA 2579204 76.00 5/3/96
95128 32
9.49%
SALINAS CA 120 $8,603.77
UNKNW 105 1.99 23000.00 5/13/06
CA 2579205 90.00 5/13/96
93905 42
10.49%
READING PA 120 $48,065.80
UNKNW 104 1.99 50000.00 4/30/06
PA 2579206 86.00 4/30/96
19605 30
10.49%
JANESVIL WI 120 $14,810.31
UNKNW 104 0.99 15000.00 4/23/06
WI 2579207 62.00 4/23/96
53545 0
9.49%
WEST BURLINGTON IA 120 $12,100.00
UNKNW 104 3.00 12100.00 4/25/06
IA 2579208 90.00 4/25/96
52655 32
11.5%
BATTLE CREEK MI 120 $23,706.54
UNKNW 104 0.99 25000.00 4/26/06
MI 2579209 75.00 4/26/96
49017 31
9.49%
HASTINGS MI 120 $28,592.61
UNKNW 104 1.75 30000.00 4/23/06
MI 2579210 80.00 4/23/96
49058 41
10.25%
WESTCHES OH 120 $24,834.67
UNKNW 104 0.99 25000.00 4/19/06
OH 2579211 72.00 4/19/96
45069 41
9.49%
HUGO MN 120 $28,178.30
UNKNW 104 1.75 30000.00 4/17/06
MN 2579212 66.00 4/17/96
55038 41
10.25%
WOODSTOW NJ
UNKNW 120 0.99 $24,840.12
NJ 2579213 32.00 105 25000.00 5/6/96
08098 0 12:00 AM
9.49%
BUFFALO NY 120 $15,350.23
UNKNW 106 0.99 39900.00 6/11/06
NY 2579214 80.00 6/11/96
14223 24
9.49%
SAN FRANCISCO CA 120 $16,723.01
UNKNW 103 2.00 20000.00 3/29/06
CA 2579215 49.00 3/29/96
94121 32
10.5%
LAKEPORT CA 120 $19,583.39
UNKNW 105 0.99 20000.00 5/23/06
CA 2579216 79.00 5/23/96
95453 37
9.49%
CHESAPEA VA 120 $28,393.29
UNKNW 105 1.75 35000.00 5/13/06
VA 2579217 77.00 5/13/96
23320 35
10.25%
COLLEGEV PA 120 $15,356.47
UNKNW 103 0.99 20000.00 3/29/06
PA 2579218 63.00 3/29/96
19426 32
9.49%
333 S. HOPE ST. 48TH FL 120 $17,886.35
LOS ANGLES 105 0.99 19000.00 5/15/06
CA 2579219 78.00 5/15/96
90017 41
9.49%
SAVANNAH MO 120 $9,509.64
UNKNW 106 0.99 14700.00 6/26/06
MO 2579220 80.00 6/26/96
64485 36
9.49%
FLINT MI 120 $24,925.35
UNKNW 104 0.99 25000.00 4/5/06
MI 2579221 80.00 4/5/96
48506 30
9.49%
BELMONT CA 120 $28,536.78
UNKNW 107 0.99 28700.00 7/3/06
CA 2579222 80.00 7/3/96
94002 40
9.49%
GARDINER ME 120 $14,351.98
UNKNW 105 1.99 15300.00 5/1/06
ME 2579223 90.00 5/1/96
04345 37
10.49%
FOWLERVI MI
UNKNW 120 1.75 $29,537.76
MI 2579224 73.00 104 30000.00 4/12/96
48836 30 12:00 AM
10.25%
HARRISON TOWNSHIP MI 120 $15,858.02
UNKNW 103 1.75 16000.00 3/21/06
MI 2579225 80.00 3/21/96
48045 40
10.25%
DAYTON OH 120 $19,647.80
UNKNW 103 2.75 20000.00 3/21/06
OH 2579226 84.00 3/21/96
45431 26
11.25%
ESCONDID CA 120 $3,395.62
UNKNW 104 0.99 16000.00 4/18/06
CA 2579227 79.00 4/18/96
92025 22
9.49%
VANCOUVE WA 120 $34,895.56
UNKNW 104 1.75 35000.00 4/29/06
WA 2579228 75.00 4/29/96
98682 44
10.25%
TOWACO NJ 120 $9,382.88
UNKNW 103 0.99 30000.00 3/28/06
NJ 2579229 76.00 3/28/96
07082 38
9.49%
POMPANO BEACH FL 120 $19,530.22
UNKNW 104 0.99 50000.00 4/3/06
FL 2579230 69.00 4/3/96
33062 36
9.49%
CAPE ELIZABETH ME 120 $15,151.31
UNKNW 104 0.99 15000.00 4/10/06
ME 2579231 71.00 4/10/96
04107 35
9.49%
DAVISON MI 120 $54,932.36
UNKNW 104 0.99 60000.00 4/26/06
MI 2579232 72.00 4/26/96
48423 22
9.49%
SOUTHFIE MI 120 $47,275.19
UNKNW 105 0.99 50000.00 5/29/06
MI 2579233 70.00 5/29/96
48034 34
9.49%
SUMMIT NJ 120 $59,929.94
UNKNW 104 1.50 60000.00 4/19/06
NJ 2579234 80.00 4/19/96
07901 43
10.%
SAUCIER MS
UNKNW 120 0.99 $28,454.96
MS 2579235 71.00 104 30000.00 4/25/96
39574 28 12:00 AM
9.49%
GLEN CARBON IL 120 $30,719.03
UNKNW 104 0.99 31600.00 4/18/06
IL 2579236 80.00 4/18/96
62034 33
9.49%
STOCKTON CA 120 $21,806.05
UNKNW 103 3.00 22000.00 3/27/06
CA 2579237 90.00 3/27/96
95209 32
11.5%
SANTA CRUZ CA 120 $14,000.00
UNKNW 103 0.99 30000.00 3/27/06
CA 2579238 77.00 3/27/96
95060 36
9.49%
BASKING RIDGE NJ 120 $27,494.57
UNKNW 104 0.99 30000.00 4/23/06
NJ 2579239 61.00 4/23/96
07920 18
9.49%
LIVONIA MI 120 $25,150.52
UNKNW 104 2.50 26100.00 4/3/06
MI 2579240 90.00 4/3/96
48150 28
11.%
FENTON MI 120 $37,301.43
UNKNW 103 1.50 40000.00 3/20/06
MI 2579241 79.00 3/20/96
48430 30
10.%
GM BUILDING 120 $49,913.93
DETROIT 103 1.25 100000.00 3/20/06
MI 2579242 54.00 3/20/96
48202 33
9.75%
BELLEVIL NJ 120 $28,892.18
UNKNW 104 2.50 29100.00 4/1/06
NJ 2579243 90.00 4/1/96
07109 46
11.%
CHANHASS MN 120 $50,000.00
UNKNW 104 1.99 50000.00 4/29/06
MN 2579244 90.00 4/29/96
55317 34
10.49%
HOMER IL 120 $21,840.87
UNKNW 105 0.99 22000.00 5/7/06
IL 2579245 80.00 5/7/96
61849 0
9.49%
WEST SENECA NY
UNKNW 120 2.75 $22,932.67
NY 2579246 90.00 104 23000.00 4/12/96
14224 0 12:00 AM
11.25%
FISHKILL NY 120 $19,704.71
UNKNW 104 1.99 21000.00 4/23/06
NY 2579247 90.00 4/23/96
12524 32
10.49%
RIDGELAN MS 120 $23,509.53
UNKNW 104 2.00 30000.00 4/2/06
MS 2579248 69.00 4/2/96
39157 19
10.5%
EASTPORT ME 120 $19,983.95
UNKNW 105 0.99 20000.00 5/8/06
ME 2579249 53.00 5/8/96
04631 26
9.49%
PORTLAND OR 120 $16,046.28
UNKNW 104 0.99 16100.00 4/15/06
OR 2579250 80.00 4/15/96
97266 38
9.49%
SAN DIEGO CA 120 $17,330.94
UNKNW 104 0.99 25000.00 4/26/06
CA 2579251 49.00 4/26/96
92128 38
9.49%
TINLEY PARK IL 120 $10,562.94
UNKNW 104 2.00 10700.00 4/25/06
IL 2579252 80.00 4/25/96
60477 30
10.5%
BEAVER FALLS PA 120 $25,903.28
UNKNW 105 0.99 26000.00 5/3/06
PA 2579253 80.00 5/3/96
15010 38
9.49%
WARREN OH 120 $9,761.80
UNKNW 104 0.99 10000.00 4/26/06
OH 2579254 76.00 4/26/96
44483 32
9.49%
RICHMOND VA 120 $20,036.23
UNKNW 103 3.00 23300.00 3/29/06
VA 2579255 90.00 3/29/96
23235 49
11.5%
LAKE ORION MI 120 $25,139.35
UNKNW 103 1.25 26600.00 3/20/06
MI 2579256 80.00 3/20/96
48362 35
9.75%
COUNCIL BLUFFS IA
UNKNW 120 0.99 $34,348.68
IA 2579257 80.00 104 34400.00 4/18/96
51503 0 12:00 AM
9.49%
BADEN PA 120 $13,010.38
UNKNW 104 0.99 29000.00 4/25/06
PA 2579258 80.00 4/25/96
15005 43
9.49%
FAYETTEV NY 120 $13,183.97
UNKNW 104 2.00 25000.00 4/18/06
NY 2579259 74.00 4/18/96
13066 31
10.5%
SAN DIEGO CA 120 $49,693.80
UNKNW 104 0.99 50000.00 4/25/06
CA 2579260 62.00 4/25/96
92131 43
9.49%
PACIFICA CA 120 $24,380.44
UNKNW 105 0.99 25000.00 5/10/06
CA 2579261 79.00 5/10/96
94044 46
9.49%
NEWFANE, NY 120 $27,845.67
UNKNW 104 0.99 30000.00 4/25/06
NY 2579262 79.00 4/25/96
14108 0
9.49%
ROCHELLE IL 120 $39,379.60
UNKNW 104 0.99 39600.00 4/5/06
IL 2579263 69.00 4/5/96
61068 27
9.49%
AUSABLE FORKS NY 120 $29,072.93
UNKNW 104 1.75 30000.00 4/15/06
NY 2579264 50.00 4/15/96
12912 6
10.25%
WELLSVILLE,UT 120 $47,783.39
UNKNW 105 0.99 50000.00 5/3/06
WY 2579265 76.00 5/3/96
84339 46
9.49%
MERIDIAN MS 120 $29,592.51
UNKNW 104 0.99 30000.00 4/15/06
MS 2579266 79.00 4/15/96
39301 41
9.49%
CARY IL 120 $24,802.95
UNKNW 104 0.99 25000.00 4/17/06
IL 2579267 77.00 4/17/96
60013 32
9.49%
FORT WASHINGTON PA
UNKNW 120 0.99 $14,095.74
PA 2579268 70.00 104 30000.00 4/2/96
19034 38 12:00 AM
9.49%
STERLING HEIGHTS MI 120 $22,175.42
UNKNW 104 0.99 30000.00 4/5/06
MI 2579269 64.00 4/5/96
48310 27
9.49%
MIRA LOMA CA 120 $14,800.00
UNKNW 103 3.00 14800.00 3/21/06
CA 2579270 87.00 3/21/96
91752 0
11.5%
CENTERVI OH 120 $20,000.00
UNKNW 103 2.75 23900.00 3/18/06
OH 2579271 90.00 3/18/96
45459 35
11.25%
RIVERSID CA 120 $373,668.74
UNKNW 109 1.00 373600.00 9/26/06
CA 2579272 81.00 9/26/96
92506 42
9.5%
LIVONIA MI 120 $49,179.86
UNKNW 103 1.50 50000.00 3/19/06
MI 2579273 57.00 3/19/96
48152 43
10.%
KELSEYVI CA 120 $24,421.95
UNKNW 105 2.00 24700.00 5/3/06
CA 2579274 80.00 5/3/96
95451 22
10.5%
HATTIESB MS 120 $9,229.35
UNKNW 105 0.99 10500.00 5/7/06
MS 2579275 80.00 5/7/96
39402 19
9.49%
PLATTSBU NY 120 $17,271.07
UNKNW 104 1.99 17000.00 4/8/06
NY 2579276 90.00 4/8/96
12901 24
10.49%
MAROA IL 120 $24,654.04
UNKNW 104 0.99 25000.00 4/5/06
IL 2579277 70.00 4/5/96
61756 37
9.49%
SEAL BEACH CA 120 $18,205.98
UNKNW 105 0.99 18300.00 5/15/06
CA 2579278 80.00 5/15/96
90740 38
9.49%
WESTMINS CO
UNKNW 120 0.99 $19,119.22
CO 2579279 72.00 104 25000.00 4/17/96
80030 34 12:00 AM
9.49%
NOVATO CA 120 $66,343.00
UNKNW 104 0.99 82300.00 4/4/06
CA 2579280 80.00 4/4/96
94949 36
9.49%
METAMORA OH 120 $19,980.02
UNKNW 104 0.99 20000.00 4/19/06
OH 2579281 64.00 4/19/96
43540 37
9.49%
HOPEWELL NJ 120 $12,420.74
UNKNW 104 0.99 15200.00 4/10/06
NJ 2579282 80.00 4/10/96
08525 41
9.49%
COOPER CITY FL 120 $17,822.35
UNKNW 105 0.99 20000.00 5/3/06
FL 2579283 80.00 5/3/96
33328 0
9.49%
GRAND MARAIS MN 120 $39,580.14
UNKNW 104 0.99 40000.00 4/22/06
MN 2579284 54.00 4/22/96
55604 38
9.49%
MILWAUKI OR 120 $16,512.03
UNKNW 103 2.00 17000.00 3/21/06
OR 2579285 80.00 3/21/96
97267 20
10.5%
OLNEY MD 120 $44,737.74
UNKNW 104 0.99 44800.00 4/9/06
MD 2579286 80.00 4/9/96
20832 0
9.49%
EATON RAPIDS MI 120 $27,769.37
UNKNW 103 2.50 35000.00 3/19/06
MI 2579287 90.00 3/19/96
48827 32
11.%
UNION NJ 120 $23,832.93
UNKNW 104 0.99 25000.00 4/4/06
NJ 2579288 65.00 4/4/96
07083 37
9.49%
OVIEDO FL 120 $17,240.38
UNKNW 104 1.99 18200.00 4/26/06
FL 2579289 90.00 4/26/96
32765 42
10.49%
BLOOMING MN
UNKNW 120 0.99 $26,872.30
MN 2579290 33.00 104 30000.00 4/1/96
55425 7 12:00 AM
9.49%
NEW YORK NY 120 $31,606.91
UNKNW 105 2.75 40000.00 5/1/06
MI 2579291 90.00 5/1/96
10019 43
11.25%
PENNELLV NY 120 $22,825.40
UNKNW 104 0.99 25000.00 4/19/06
NY 2579292 66.00 4/19/96
13132 0
9.49%
SECTION AL 120 $8,489.45
UNKNW 105 0.99 26300.00 5/8/06
AL 2579293 80.00 5/8/96
35771 28
9.49%
HARTLAND MI 120 $42,337.64
UNKNW 104 0.99 43000.00 4/30/06
MI 2579294 62.00 4/30/96
48353 36
9.49%
SICKLERV NJ 120 $12,166.03
UNKNW 105 0.99 16700.00 5/9/06
NJ 2579295 80.00 5/9/96
08081 45
9.49%
LEAVENWO KS 120 $17,271.72
UNKNW 103 0.99 20000.00 3/22/06
KS 2579296 78.00 3/22/96
66048 37
9.49%
TURNER ME 120 $29,511.94
UNKNW 104 0.99 30000.00 4/10/06
ME 2579297 53.00 4/10/96
04282 40
9.49%
CHARLEVO MI 120 $20,545.44
UNKNW 105 0.99 20400.00 5/13/06
MI 2579298 75.00 5/13/96
49720 39
9.49%
VOORHEES NJ 120 $37,831.24
UNKNW 104 2.75 37600.00 4/16/06
NJ 2579299 90.00 4/16/96
08043 23
11.25%
SAN FRANCISCO CA 120 $19,993.46
UNKNW 104 0.99 20000.00 4/16/06
CA 2579300 78.00 4/16/96
94112 40
9.49%
CRANFORD NJ
UNKNW 120 1.75 $18,250.00
NJ 2579301 41.00 103 35000.00 3/21/96
07016 38 12:00 AM
10.25%
ROCHESTE HILLS MI 120 $59,871.32
UNKNW 104 2.00 63000.00 4/2/06
MI 2579302 90.00 4/2/96
48306 36
10.5%
KENT CITY MI 120 $37,419.24
UNKNW 103 1.50 38000.00 3/21/06
MI 2579303 80.00 3/21/96
49330 33
10.%
NEWVILLE PA 120 $41,460.00
UNKNW 106 2.75 45000.00 6/25/06
PA 2579304 78.00 6/25/96
17241 46
11.25%
SAN JOSE CA 120 $13,996.28
UNKNW 104 0.99 20000.00 4/9/06
CA 2579305 43.00 4/9/96
95126 49
9.49%
P.O. BOX 1155 120 $32,016.36
REDDING 104 0.99 33000.00 4/26/06
CT 2579306 80.00 4/26/96
06875 44
9.49%
HOBOKEN NJ 120 $15,151.55
UNKNW 104 0.99 19600.00 4/17/06
NJ 2579307 80.00 4/17/96
07030 0
9.49%
MENLO PARK CA 120 $58,981.71
UNKNW 105 0.99 150000.00 5/24/06
CA 2579308 53.00 5/24/96
94025 46
9.49%
LINDEN NJ 120 $21,347.36
UNKNW 103 0.99 30000.00 3/25/06
NJ 2579309 54.00 3/25/96
07036 20
9.49%
PHILADEL PA 120 $21,560.67
UNKNW 105 0.99 22400.00 5/10/06
PA 2579310 80.00 5/10/96
19152 37
9.49%
DOVER NJ 120 $18,071.45
UNKNW 103 0.99 25000.00 3/22/06
NJ 2579311 45.00 3/22/96
07801 15
9.49%
WALLED LAKE MI
UNKNW 120 0.99 $12,685.75
MI 2579312 80.00 104 12700.00 4/3/96
48390 39 12:00 AM
9.49%
PARKVILL MO 120 $1,863.25
UNKNW 103 0.99 30000.00 3/26/06
MO 2579313 77.00 3/26/96
64152 19
9.49%
BRENTWOO TN 120 $52,885.16
UNKNW 106 0.99 54800.00 6/21/06
TN 2579314 80.00 6/21/96
37027 24
9.49%
ANDERSON IN 120 $38,766.12
UNKNW 104 2.25 39500.00 4/9/06
IN 2579315 87.00 4/9/96
46011 39
10.75%
WATERFOR MI 120 $18,140.74
UNKNW 104 1.75 20000.00 4/12/06
MI 2579316 76.00 4/12/96
48327 27
10.25%
TROY OH 120 $47,681.31
UNKNW 103 1.50 50000.00 3/26/06
OH 2579317 78.00 3/26/96
45373 38
10.%
GAYLORD MI 120 $64,735.93
UNKNW 104 1.50 66000.00 4/26/06
MI 2579318 59.00 4/26/96
49735 39
10.%
SUNNYVAL CA 120 $22,567.04
UNKNW 104 3.00 25000.00 4/18/06
CA 2579319 88.00 4/18/96
94087 0
11.5%
YORK PA 120 $21,841.15
UNKNW 103 2.00 50000.00 3/19/06
PA 2579320 46.00 3/19/96
17403 32
10.5%
CAMINO CA 120 $29,150.44
UNKNW 103 1.25 30000.00 3/21/06
CA 2579321 47.00 3/21/96
95709 32
9.75%
NORTH LIBERTY IA 120 $14,920.94
UNKNW 104 0.99 15000.00 4/22/06
IA 2579322 80.00 4/22/96
52317 44
9.49%
LA VERNE CA
UNKNW 120 1.75 $32,978.88
CA 2579323 80.00 104 98800.00 4/24/96
91750 39 12:00 AM
10.25%
DICKSON CITY 120 $13,562.01
UNKNW 104 3.00 13600.00 4/2/06
PA 2579324 90.00 4/2/96
18519 37
11.5%
EAST LANSING MI 120 $25,164.96
UNKNW 103 1.25 26000.00 3/20/06
MI 2579325 80.00 3/20/96
48823 28
9.75%
ROMULUS MI 120 $16,765.45
UNKNW 104 1.75 50000.00 4/2/06
MI 2579326 79.00 4/2/96
48174 0
10.25%
NASHVILL TN 120 $34,954.13
UNKNW 104 2.75 43000.00 4/2/06
TN 2579327 90.00 4/2/96
37205 28
11.25%
ELK GROVE VILLA IL 120 $23,197.40
UNKNW 103 3.00 24300.00 3/18/06
IL 2579328 90.00 3/18/96
60007 32
11.5%
PORT ORCHARD WA 120 $47,263.37
UNKNW 104 4.00 75000.00 4/3/06
WA 2579329 73.00 4/3/96
98367 48
9.22%
DAVENPOR IA 120 $26,897.93
UNKNW 104 1.75 30000.00 4/3/06
IA 2579330 68.00 4/3/96
52806 41
10.25%
KANSAS CITY KS 120 $31,154.04
UNKNW 105 0.99 32300.00 5/13/06
KS 2579331 80.00 5/13/96
66104 33
9.49%
OVERTON NV 120 $17,288.42
UNKNW 103 0.99 25000.00 3/27/06
OR 2579332 38.00 3/27/96
89040 26
9.49%
STERLING HEIGHTS MI 120 $13,540.33
UNKNW 104 0.99 12800.00 4/4/06
MI 2579333 78.00 4/4/96
48310 45
9.49%
CHARLOTT VA
UNKNW 120 0.99 $121,298.00
VA 2579334 75.00 104 225000.00 4/11/96
22903 0 12:00 AM
9.49%
YPSILANT MI 120 $17,146.75
UNKNW 104 0.99 17600.00 4/11/06
MI 2579335 80.00 4/11/96
48197 45
9.49%
LINDSAY OK 120 $13,703.38
UNKNW 104 0.99 13800.00 4/22/06
OK 2579336 80.00 4/22/96
73052 36
9.49%
IMPERIAL BCH CA 120 $34,083.32
UNKNW 104 0.99 35000.00 4/22/06
CA 2579337 80.00 4/22/96
91932 38
9.49%
ROCHESTE HILLS MI 120 $1,843.12
UNKNW 104 0.99 10000.00 4/22/06
MI 2579338 46.00 4/22/96
48309 34
9.49%
MILWAUKI OR 120 $23,773.91
UNKNW 104 2.00 25000.00 4/3/06
OR 2579339 63.00 4/3/96
97267 40
10.5%
CRAIG CO 120 $36,944.83
UNKNW 103 2.75 37000.00 3/15/06
CO 2579340 90.00 3/15/96
81625 31
11.25%
WALKER MI 120 $9,455.03
UNKNW 103 2.75 10700.00 3/19/06
MI 2579341 90.00 3/19/96
49544 33
11.25%
BAKERSFI CA 120 $16,363.24
UNKNW 105 3.00 20200.00 5/10/06
CA 2579342 90.00 5/10/96
93306 12
11.5%
ALPINE NY 120 $23,090.81
UNKNW 104 0.99 24000.00 4/23/06
NY 2579343 64.00 4/23/96
14869 45
9.49%
COLLINSV IL 120 $13,171.96
UNKNW 104 0.99 15000.00 4/15/06
IL 2579344 80.00 4/15/96
62234 28
9.49%
NORTH BALTIMORE OH
UNKNW 120 0.99 $13,951.07
OH 2579345 63.00 103 30000.00 3/29/96
45872 33 12:00 AM
9.49%
WILLISTO PARK NY 120 $15,566.87
UNKNW 103 0.99 16400.00 3/27/06
NY 2579346 62.00 3/27/96
11596 42
9.49%
PONTIAC MI 120 $12,334.31
UNKNW 103 1.75 20000.00 3/12/06
MI 2579347 80.00 3/12/96
48341 7
10.25%
QUNICY MA 120 $22,354.08
UNKNW 103 2.00 31200.00 3/26/06
MA 2579348 80.00 3/26/96
02169 33
10.5%
FORESTVI CA 120 $13,740.47
UNKNW 104 0.99 20000.00 4/19/06
CA 2579349 89.00 4/19/96
95436 35
9.49%
BLISSFIE MI 120 $24,782.75
UNKNW 107 0.99 25000.00 7/5/06
MI 2579350 72.00 7/5/96
49228 20
9.49%
EXETER RI 120 $10,052.41
UNKNW 104 0.99 20000.00 4/3/06
RI 2579351 83.00 4/3/96
02822 35
9.49%
SPRINGHI LA 120 $28,987.84
UNKNW 104 0.99 30000.00 4/17/06
LA 2579352 80.00 4/17/96
71075 34
9.49%
ATWATER CA 120 $13,795.06
UNKNW 105 3.00 13900.00 5/9/06
CA 2579353 90.00 5/9/96
95301 40
11.5%
WESTPORT MA 120 $15,962.46
UNKNW 105 0.99 18000.00 5/6/06
MA 2579354 80.00 5/6/96
02790 0
9.49%
HACKETTS NJ 120 $33,004.54
UNKNW 104 0.99 35000.00 4/2/06
NJ 2579355 65.00 4/2/96
07840 54
9.49%
OAK RIDGE NJ
UNKNW 120 0.99 $23,760.13
NJ 2579356 66.00 104 25000.00 4/4/96
07438 43 12:00 AM
9.49%
LAUDERHI FL 120 $21,086.01
UNKNW 103 0.99 25000.00 3/25/06
FL 2579357 66.00 3/25/96
33319 34
9.49%
PO BOX 4080 120 $65,049.89
PRESCOTT 107 0.99 65800.00 7/24/06
AZ 2579358 70.00 7/24/96
86302 46
9.49%
CROMWELL CT 120 $22,374.10
UNKNW 103 0.99 25000.00 3/21/06
CT 2579359 79.00 3/21/96
06416 33
9.49%
PHILADEL PA 120 $17,460.91
UNKNW 107 0.99 18400.00 7/10/06
PA 2579360 80.00 7/10/96
19138 21
9.49%
SANTEE CA 120 $15,343.50
UNKNW 104 2.75 22400.00 4/1/06
CA 2579361 89.00 4/1/96
92071 35
11.25%
NEW CASTLE DE 120 $12,107.99
UNKNW 104 1.75 20000.00 4/11/06
DE 2579362 79.00 4/11/96
19720 19
10.25%
NAPA CA 120 $20,000.00
UNKNW 103 3.00 20000.00 3/29/06
CA 2579363 89.00 3/29/96
94558 45
11.5%
LAKE ORION MI 120 $14,919.94
UNKNW 104 1.75 15300.00 4/5/06
MI 2579364 80.00 4/5/96
48362 28
10.25%
MOUNT AIRY NC 120 $224.78
UNKNW 105 1.49 10000.00 5/29/06
NC 2579365 34.00 5/29/96
27030 21
9.99%
YORKVILL CA 120 $16,698.54
UNKNW 104 0.99 20000.00 4/11/06
CA 2579366 77.00 4/11/96
95494 37
9.49%
DES MOINES WA
UNKNW 120 1.75 $31,720.71
WA 2579367 80.00 104 32300.00 4/15/96
98198 43 12:00 AM
10.25%
QUINTON VA 120 $6,808.11
UNKNW 103 0.99 25000.00 3/25/06
VA 2579368 80.00 3/25/96
23141 39
9.49%
FRASER MI 120 $33,225.32
UNKNW 103 0.99 34000.00 3/29/06
MI 2579369 80.00 3/29/96
48026 39
9.49%
OREGON CITY OR 120 $36,842.33
UNKNW 103 2.50 39000.00 3/29/06
OR 2579370 90.00 3/29/96
97045 43
11.%
FRANKENM MI 120 $44,300.00
UNKNW 104 0.99 45000.00 4/1/06
MI 2579371 74.00 4/1/96
48734 28
9.49%
VICKSBUR MI 120 $20,938.87
UNKNW 104 0.99 30000.00 4/24/06
MI 2579372 38.00 4/24/96
49097 32
9.49%
CHAFFEE MO 120 $19,259.31
UNKNW 105 0.99 20000.00 5/24/06
MO 2579373 61.00 5/24/96
63740 43
9.49%
FREEPORT ME 120 $9,685.77
UNKNW 106 0.99 18600.00 6/8/06
ME 2579374 80.00 6/8/96
04032 30
9.49%
PLEASANT CA 120 $14,209.76
UNKNW 103 2.00 75000.00 3/18/06
CA 2579375 66.00 3/18/96
94588 48
10.5%
WATERFOR TOWNSHIP MI 120 $19,260.23
UNKNW 105 1.75 29900.00 5/8/06
MI 2579376 80.00 5/8/96
48329 40
10.25%
SOUTHFIE MI 120 $49,420.73
UNKNW 103 2.50 50000.00 3/12/06
MI 2579377 87.00 3/12/96
48075 39
11.%
WARREN MI
UNKNW 120 1.75 $20,047.90
MI 2579378 34.00 103 28000.00 3/25/96
48093 35 12:00 AM
10.25%
LEVITTOW PA 120 $20,081.89
UNKNW 103 2.00 22800.00 3/11/06
PA 2579379 75.00 3/11/96
19057 38
10.5%
ROCHESTE MI 120 $43,016.30
UNKNW 104 1.50 59000.00 4/9/06
MI 2579380 80.00 4/9/96
48307 35
10.%
SALINAS CA 120 $50,113.88
UNKNW 104 0.99 50000.00 4/10/06
CA 2579381 76.00 4/10/96
93907 44
9.49%
LOUISVIL KY 120 $16,734.13
UNKNW 103 0.99 17000.00 3/18/06
KY 2579382 80.00 3/18/96
40291 35
9.49%
FLINT MI 120 $15,065.10
UNKNW 103 1.75 15700.00 3/6/06
MI 2579383 100.00 3/6/96
48507 41
10.25%
FAYETTEV GA 120 $27,801.17
UNKNW 105 1.75 30000.00 5/6/06
GA 2579384 59.00 5/6/96
30214 38
10.25%
CRANBURY NJ 120 $69,648.52
UNKNW 104 0.99 80000.00 4/24/06
NJ 2579385 50.00 4/24/96
08512 0
9.49%
GENESEE MI 120 $30,574.69
UNKNW 104 0.99 35400.00 4/24/06
MI 2579386 80.00 4/24/96
48437 26
9.49%
WEST CALDWELL NJ 120 $36,537.21
UNKNW 104 0.99 38000.00 4/16/06
NJ 2579387 80.00 4/16/96
07006 43
9.49%
JACKSONV FL 120 $30,155.97
UNKNW 105 0.99 30000.00 5/2/06
FL 2579388 75.00 5/2/96
32216 0
9.49%
FOWLERVI MI
UNKNW 120 1.75 $15,540.87
MI 2579389 90.00 106 18200.00 6/11/96
48836 34 12:00 AM
10.25%
NOGALES AZ 120 $59,857.33
UNKNW 104 0.99 59900.00 4/24/06
AZ 2579390 80.00 4/24/96
85621 35
9.49%
ANACONDA MT 120 $16,626.36
UNKNW 104 0.99 26000.00 4/12/06
MT 2579391 62.00 4/12/96
59711 24
9.49%
MEDFORD OR 120 $46,640.78
UNKNW 104 0.99 46800.00 4/19/06
OR 2579392 80.00 4/19/96
97501 23
9.49%
BARRINGT RI 120 $27,719.82
UNKNW 104 0.99 29000.00 4/5/06
RI 2579393 69.00 4/5/96
02806 44
9.49%
CASPER NY 120 $25,453.14
UNKNW 104 0.99 27500.00 4/26/06
WY 2579394 80.00 4/26/96
82602 37
9.49%
ORLAND PARK IL 120 $40,449.68
UNKNW 104 2.75 45000.00 4/1/06
IL 2579395 89.00 4/1/96
60462 32
11.25%
HUNTINGT BEACH CA 120 $33,405.28
UNKNW 104 1.75 36500.00 4/18/06
CA 2579396 80.00 4/18/96
92646 33
10.25%
CONCORD CA 120 $44,280.67
UNKNW 103 0.99 45000.00 3/26/06
CA 2579397 79.00 3/26/96
94519 41
9.49%
MUNCIE IN 120 $13,671.50
UNKNW 105 0.99 14000.00 5/16/06
IN 2579398 56.00 5/16/96
47302 22
9.49%
DOVER DE 120 $17,591.27
UNKNW 104 0.99 29900.00 4/10/06
DE 2579399 80.00 4/10/96
19904 24
9.49%
FLUSHING MI
UNKNW 120 0.99 $25,650.38
MI 2579400 78.00 104 25700.00 4/17/96
48433 29 12:00 AM
9.49%
HANOVER PA 120 $14,787.57
UNKNW 104 2.00 16000.00 4/9/06
PA 2579401 80.00 4/9/96
17331 21
10.5%
CHICO CA 120 $39,736.45
UNKNW 104 0.99 45000.00 4/17/06
CA 2579402 84.00 4/17/96
95928 28
9.49%
JUNCTION CITY KS 120 $30,208.73
UNKNW 104 0.99 30000.00 4/18/06
KS 2579403 78.00 4/18/96
66441 0
9.49%
TONAWAND NY 120 $33,082.91
UNKNW 103 0.99 33000.00 3/29/06
NY 2579404 80.00 3/29/96
14150 0
9.49%
EGG HARBOR NJ 120 $31,462.39
UNKNW 103 1.75 35000.00 3/27/06
NJ 2579405 48.00 3/27/96
08234 25
10.25%
MOHNTON PA 120 $19,418.16
BUCK HOLLOW R 104 2.00 19700.00 4/5/06
PA 2579406 80.00 4/5/96
19540 25
10.5%
POWAY CA 120 $29,892.09
UNKNW 103 2.75 30000.00 3/11/06
CA 2579407 90.00 3/11/96
92064 38
11.25%
JIM THORPE PA 120 $10,442.23
UNKNW 103 3.00 10500.00 3/5/06
PA 2579408 89.00 3/5/96
18229 18
11.5%
MEBANE NC 120 $51,456.34
UNKNW 104 1.49 52000.00 4/15/06
NC 2579409 80.00 4/15/96
27302 39
9.99%
SACRAMEN NM 120 $27,390.46
UNKNW 106 0.99 30000.00 6/7/06
NM 2579410 32.00 6/7/96
88347 28
9.49%
PLYMOUTH MN
UNKNW 120 0.99 $20,562.54
MN 2579411 57.00 105 25000.00 5/1/96
55446 28 12:00 AM
9.49%
NEWARK DE 120 $13,018.66
UNKNW 104 0.99 50000.00 4/26/06
DE 2579412 46.00 4/26/96
19711 18
9.49%
CRYSTAL MN 120 $22,450.59
UNKNW 105 1.99 22600.00 5/14/06
MN 2579413 90.00 5/14/96
55427 35
10.49%
WEST GROVE PA 120 $29,651.95
UNKNW 104 0.99 30000.00 4/25/06
PA 2579414 80.00 4/25/96
19390 31
9.49%
MEDIA PA 120 $59,305.00
UNKNW 104 0.99 100000.00 4/15/06
PA 2579415 54.00 4/15/96
19063 35
9.49%
COLLINGS NJ 120 $21,758.02
UNKNW 103 2.00 24900.00 3/22/06
NJ 2579416 80.00 3/22/96
08108 23
10.5%
HANOVER PARK IL 120 $49,027.00
UNKNW 104 2.75 50000.00 4/2/06
IL 2579417 89.00 4/2/96
60103 40
11.25%
BATTLE CREEK NE 120 $25,240.54
UNKNW 104 0.99 30000.00 4/8/06
NE 2579418 80.00 4/8/96
68715 45
9.49%
SUITE 2-A 120 $35,096.84
NEW YORK 105 0.99 35300.00 5/2/06
NY 2579419 80.00 5/2/96
10011 24
9.49%
MANHASSE NY 120 $117,164.02
UNKNW 103 2.50 150500.00 3/15/06
NY 2579420 86.00 3/15/96
11030 14
11.%
CARY NC 120 $30,105.12
UNKNW 104 0.99 30000.00 4/23/06
NC 2579421 65.00 4/23/96
27511 44
9.49%
WISE VA
UNKNW 120 0.99 $18,839.69
VA 2579422 84.00 105 19000.00 5/3/96
24293 39 12:00 AM
9.49%
GRAND BLANC MI 120 $42,017.75
UNKNW 105 0.99 42100.00 5/9/06
MI 2579423 80.00 5/9/96
48439 36
9.49%
SAN RAFAEL CA 120 $29,261.60
UNKNW 104 1.75 30000.00 4/15/06
CA 2579424 22.00 4/15/96
94901 40
10.25%
MANAHAWK NJ 120 $18,002.32
UNKNW 106 1.99 18200.00 6/12/06
NJ 2579425 90.00 6/12/96
08050 0
10.49%
CANTON MI 120 $45,182.14
UNKNW 104 1.49 52500.00 4/23/06
MI 2579426 80.00 4/23/96
48187 32
9.99%
STEAMBOA SPRINGS CO 120 $73,949.35
UNKNW 104 0.99 74000.00 4/18/06
CO 2579427 78.00 4/18/96
80477 47
9.49%
CLARKSTO MI 120 $26,695.00
UNKNW 103 0.99 27000.00 3/20/06
MI 2579428 84.00 3/20/96
48348 37
9.49%
OCEAN SPRINGS MS 120 $22,217.83
UNKNW 104 0.99 22000.00 4/19/06
MS 2579429 33.00 4/19/96
39564 25
9.49%
MACOMB MI 120 $5,110.47
UNKNW 103 1.75 30600.00 3/15/06
MI 2579430 80.00 3/15/96
48044 26
10.25%
MEDFORD MA 120 $33,000.00
UNKNW 103 1.75 50000.00 3/11/06
NH 2579431 41.00 3/11/96
02155 19
10.25%
STAMFORD CT 120 $23,959.78
UNKNW 105 2.00 25000.00 5/15/06
CT 2579432 78.00 5/15/96
06902 44
10.5%
OAKLAND CA
UNKNW 120 2.00 $9,997.41
CA 2579433 7.00 104 10000.00 4/24/96
94605 0 12:00 AM
10.5%
SAN FRANCISCO CA 120 $47,131.38
UNKNW 104 0.99 70000.00 4/1/06
CA 2579434 78.00 4/1/96
94110 45
9.49%
WHEATON MD 120 $30,489.00
UNKNW 104 1.75 30000.00 4/25/06
MD 2579435 72.00 4/25/96
20906 39
10.25%
BEAVERTO OR 120 $20,396.38
UNKNW 104 0.99 25000.00 4/18/06
OR 2579436 63.00 4/18/96
97008 39
9.49%
SHELBY TOWNSHIP MI 120 $25,445.27
UNKNW 104 0.99 30000.00 4/15/06
MI 2579437 77.00 4/15/96
48315 22
9.49%
ALBANY NY 120 $67,244.40
UNKNW 104 0.99 71000.00 4/11/06
NY 2579438 80.00 4/11/96
12205 31
9.49%
FLINT MI 120 $13,541.37
UNKNW 104 0.99 20000.00 4/15/06
MI 2579439 45.00 4/15/96
48505 12
9.49%
ROCHESTE HILLS MI 120 $41,213.28
UNKNW 104 2.50 44000.00 4/4/06
MI 2579440 90.00 4/4/96
48306 27
11.%
BRISTOL IN 120 $14,885.80
UNKNW 103 2.00 15000.00 3/29/06
IN 2579441 80.00 3/29/96
46507 26
10.5%
IRVINE CA 120 $13,695.00
UNKNW 104 0.99 99900.00 4/10/06
CA 2579442 60.00 4/10/96
92714 36
9.49%
KATZ TX 120 $22,779.00
UNKNW 104 1.99 23300.00 4/22/06
VA 2579443 90.00 4/22/96
77491 30
10.49%
KALAMAZO MI
UNKNW 120 0.99 $20,936.37
MI 2579444 80.00 103 21000.00 3/25/96
49009 41 12:00 AM
9.49%
FOXBORO MA 120 $25,051.73
UNKNW 104 1.75 25000.00 4/4/06
MA 2579445 66.00 4/4/96
02035 43
10.25%
LAWTON OK 120 $9,385.78
UNKNW 103 2.00 30000.00 3/20/06
OK 2579446 72.00 3/20/96
73507 26
10.5%
BRATTLEB VT 120 $13,891.10
UNKNW 104 0.99 14100.00 4/3/06
VT 2579447 80.00 4/3/96
05301 41
9.49%
FORT WAYNE IN 120 $17,983.10
UNKNW 104 0.99 27400.00 4/29/06
KY 2579448 75.00 4/29/96
46835 23
9.49%
WATERFOR MI 120 $22,734.68
UNKNW 103 0.99 100000.00 3/29/06
MI 2579449 50.00 3/29/96
48329 29
9.49%
ST CHARLES MI 120 $17,897.79
UNKNW 103 0.99 20000.00 3/18/06
MI 2579450 77.00 3/18/96
48655 25
9.49%
JOHNSONV NY 120 $16,010.82
UNKNW 104 0.99 20000.00 4/5/06
NY 2579451 77.00 4/5/96
12094 38
9.49%
EDISON NJ 120 $19,452.09
UNKNW 104 0.99 20000.00 4/22/06
NJ 2579452 52.00 4/22/96
08820 43
9.49%
FENTON MO 120 $24,058.25
UNKNW 104 3.00 25000.00 4/2/06
MO 2579453 90.00 4/2/96
63026 39
11.5%
SOUTH PLAINFIELD NJ 120 $12,193.16
UNKNW 103 0.99 13000.00 3/31/06
NJ 2579454 56.00 3/31/96
07080 44
9.49%
CHATTANO TN
UNKNW 120 1.49 $14,786.75
TN 2579455 72.00 104 15000.00 4/18/96
37415 21 12:00 AM
9.99%
WARRENVI IL 120 $24,334.96
UNKNW 105 1.99 25000.00 5/3/06
IL 2579456 82.00 5/3/96
60555 38
10.49%
NEWTOWN PA 120 $19,698.74
UNKNW 104 1.49 27300.00 4/2/06
PA 2579457 80.00 4/2/96
18940 28
9.99%
BAYSHORE NY 120 $14,291.04
UNKNW 104 2.00 15000.00 4/3/06
NY 2579458 80.00 4/3/96
11706 29
10.5%
MILFORD PA 120 $33,309.26
UNKNW 104 2.75 34600.00 4/3/06
PA 2579459 90.00 4/3/96
18337 31
11.25%
NOVATO CA 120 $37,624.21
UNKNW 104 1.75 38000.00 4/3/06
CA 2579460 53.00 4/3/96
94947 45
10.25%
MENDOTA IL 120 $22,507.52
UNKNW 104 3.00 24000.00 4/2/06
IL 2579461 90.00 4/2/96
61342 34
11.5%
HIGHLAND MI 120 $19,318.42
UNKNW 103 1.75 23000.00 3/14/06
MI 2579462 80.00 3/14/96
48356 25
10.25%
CULLOWHE NC 120 $15,242.65
UNKNW 105 1.49 20000.00 5/8/06
NC 2579463 70.00 5/8/96
28723 37
9.99%
POLAND OH 120 $49,927.47
UNKNW 103 0.99 50000.00 3/12/06
OH 2579464 80.00 3/12/96
44514 35
9.49%
HOLT MI 120 $10,200.11
UNKNW 103 3.00 18000.00 3/21/06
MI 2579465 90.00 3/21/96
48842 35
11.5%
CHESTERF MI
UNKNW 120 1.75 $8,900.00
MI 2579466 42.00 103 30000.00 3/28/96
48051 27 12:00 AM
10.25%
DETROIT MI 120 $8,893.92
UNKNW 104 1.99 10200.00 4/26/06
MI 2579467 90.00 4/26/96
48234 29
10.49%
ENGLEWOO CO 120 $34,890.93
UNKNW 104 0.99 39400.00 4/16/06
IL 2579468 79.00 4/16/96
80112 44
9.49%
BRIGHTON MI 120 $25,183.20
UNKNW 104 1.50 30000.00 4/12/06
MI 2579469 76.00 4/12/96
48116 27
10.%
VAIL AZ 120 $12,882.07
UNKNW 104 0.99 25100.00 4/4/06
AZ 2579470 80.00 4/4/96
85641 25
9.49%
SHAWNEE KS 120 $22,483.55
UNKNW 104 0.99 27000.00 4/22/06
KS 2579471 80.00 4/22/96
66213 39
9.49%
BERLIN WI 120 $8,149.04
UNKNW 105 1.49 21000.00 5/30/06
WI 2579472 80.00 5/30/96
54923 29
9.99%
DONIPHAN NE 120 $26,200.09
UNKNW 104 1.99 26700.00 4/30/06
NE 2579473 90.00 4/30/96
68832 38
10.49%
7 HICKORY DOWNS, 4101 FIVE 120 $10,800.00
DURHAM 105 0.99 10800.00 5/20/06
NC 2579474 81.00 5/20/96
27707 52
9.49%
RED BANK NJ 120 $19,642.37
UNKNW 103 0.99 20000.00 3/14/06
NJ 2579475 78.00 3/14/96
07701 37
9.49%
ANN ARBOR MI 120 $17,037.90
UNKNW 103 2.00 30000.00 3/26/06
MI 2579476 25.00 3/26/96
48104 23
10.5%
BALDWIN NY
UNKNW 120 0.99 $34,171.76
PA 2579477 18.00 104 35000.00 4/29/96
11510 44 12:00 AM
9.49%
LAPEER MI 120 $21,815.69
UNKNW 103 2.75 25000.00 3/18/06
MI 2579478 89.00 3/18/96
48446 34
11.25%
SANTA ROSA CA 120 $31,648.25
UNKNW 103 2.75 35000.00 3/15/06
CA 2579479 83.00 3/15/96
95403 39
11.25%
INDIANAP IN 120 $24,068.57
UNKNW 104 2.00 25100.00 4/19/06
IN 2579480 67.00 4/19/96
46226 45
10.5%
ROCHESTE HILLS MI 120 $10,723.83
UNKNW 103 1.75 25100.00 3/9/06
MI 2579481 59.00 3/9/96
48306 25
10.25%
WILLMAR MN 120 $24,541.24
UNKNW 103 0.99 25000.00 3/13/06
MN 2579482 59.00 3/13/96
56201 37
9.49%
RANCHO CORDOVA CA 120 $14,733.36
UNKNW 103 2.00 15000.00 3/19/06
CA 2579483 78.00 3/19/96
95670 31
10.5%
OKEMOS MI 120 $9,359.82
UNKNW 103 0.99 12000.00 3/8/06
MI 2579484 80.00 3/8/96
48864 21
9.49%
CLARK LAKE MI 120 $11,089.82
UNKNW 103 1.49 22900.00 3/16/06
MI 2579485 80.00 3/16/96
49234 15
9.99%
SHELBY TWP MI 120 $18,594.52
UNKNW 103 0.99 20000.00 3/5/06
MI 2579486 80.00 3/5/96
48316 27
9.49%
VALDOSTA GA 120 $12,543.36
UNKNW 105 1.49 22800.00 5/30/06
GA 2579487 73.00 5/30/96
31602 34
9.99%
PINE RIDGE SD
UNKNW 120 1.99 $14,857.74
SD 2579488 88.00 106 15000.00 6/11/96
57770 45 12:00 AM
10.49%
MONONGAH PA 120 $14,933.64
UNKNW 103 0.99 15300.00 3/12/06
PA 2579489 80.00 3/12/96
15063 38
9.49%
PHILADEL PA 120 $24,114.79
UNKNW 103 2.00 40000.00 3/18/06
PA 2579490 80.00 3/18/96
19147 38
10.5%
ANCHORAG AK 120 $23,901.27
UNKNW 104 3.00 25100.00 4/4/06
AK 2579491 90.00 4/4/96
99502 43
11.5%
RALEIGH NC 120 $15,300.00
UNKNW 105 2.00 18800.00 5/1/06
NC 2579492 80.00 5/1/96
27614 26
10.5%
FAIRHOPE AL 120 $39,476.69
UNKNW 104 0.99 40000.00 4/26/06
AL 2579493 56.00 4/26/96
36532 37
9.49%
ROCHESTE NY 120 $16,469.92
UNKNW 103 1.49 32000.00 3/22/06
NY 2579494 80.00 3/22/96
14619 22
9.99%
SULPHUR LA 120 $13,336.69
UNKNW 103 1.49 14300.00 3/8/06
LA 2579495 80.00 3/8/96
70663 37
9.99%
DAMMERON VALLEY UT 120 $41,580.61
UNKNW 104 0.99 50000.00 4/10/06
UT 2579496 69.00 4/10/96
84783 0
9.49%
BUFFALO GROVE IL 120 $31,747.40
UNKNW 104 1.75 50000.00 4/18/06
IL 2579497 76.00 4/18/96
60089 31
10.25%
NEWNAN GA 120 $57,517.77
UNKNW 104 0.99 57600.00 4/5/06
GA 2579498 80.00 4/5/96
30263 37
9.49%
SANTA CLARA CA
UNKNW 120 1.75 $42,350.40
CA 2579499 68.00 103 50000.00 3/26/96
95054 21 12:00 AM
10.25%
LEWISTON NY 120 $18,000.00
UNKNW 103 0.99 30000.00 3/1/06
NY 2579500 58.00 3/1/96
14092 34
9.49%
BLISSFIE MI 120 $19,857.20
UNKNW 102 1.75 38000.00 2/14/06
MI 2579501 80.00 2/14/96
49228 28
10.25%
FREEPORT NY 120 $13,147.42
UNKNW 103 2.00 99900.00 3/3/06
NY 2579502 70.00 3/3/96
11520 40
10.5%
ELIOT ME 120 $19,393.09
UNKNW 102 0.99 20000.00 2/6/06
ME 2579503 60.00 2/6/96
03903 36
9.49%
PHOENIX AZ 120 $22,127.04
UNKNW 103 2.00 25100.00 3/1/06
AZ 2579504 77.00 3/1/96
85022 26
10.5%
FLINT MI 120 $25,236.54
UNKNW 102 0.99 25000.00 2/13/06
MI 2579505 56.00 2/13/96
48505 42
9.49%
CANNON FALLS MN 120 $17,827.10
UNKNW 102 0.99 18000.00 2/20/06
MN 2579506 80.00 2/20/96
55009 21
9.49%
ESCONDID CA 120 $20,129.03
UNKNW 105 2.00 26000.00 5/31/06
CA 2579507 53.00 5/31/96
92029 39
10.5%
TAYLOR MI 120 $25,641.64
UNKNW 104 0.99 28000.00 4/17/06
MI 2579508 52.00 4/17/96
48180 38
9.49%
MEDINA OH 120 $23,319.62
UNKNW 102 1.49 24300.00 2/20/06
OH 2579509 65.00 2/20/96
44256 33
9.99%
FLINT MI
UNKNW 120 1.49 $24,823.67
MI 2579510 73.00 103 25000.00 3/13/96
48506 23 12:00 AM
9.99%
ST LOUIS MO 120 $10,728.52
UNKNW 104 0.99 20000.00 4/6/06
MO 2579511 21.00 4/6/96
63146 29
9.49%
SOUTHFIE MI 120 $37,047.68
UNKNW 102 0.99 37300.00 2/17/06
MI 2579512 92.00 2/17/96
48034 38
9.49%
MINNEAPO MN 120 $5,053.44
UNKNW 103 1.75 40000.00 3/7/06
MN 2579513 37.00 3/7/96
55417 12
10.25%
BELLAIR MI 120 $15,725.31
UNKNW 100 2.00 17600.00 12/29/05
MI 2579514 80.00 12/29/95
49615 33
10.5%
TWIN PEAKS CA 120 $9,028.13
UNKNW 101 2.00 40000.00 1/31/06
CA 2579515 57.00 1/31/96
92391 29
10.5%
PHILADEL PA 120 $10,053.18
UNKNW 101 3.00 15300.00 1/29/06
PA 2579516 90.00 1/29/96
19132 16
11.5%
BRIGHTON MI 120 $29,023.60
UNKNW 101 1.75 30000.00 1/26/06
MI 2579517 79.00 1/26/96
48116 36
10.25%
EDEN PRAIRIE MN 120 $19,219.73
UNKNW 102 2.00 40600.00 2/20/06
MN 2579518 75.00 2/20/96
55347 36
10.5%
ORLAND PARK IL 120 $32,107.15
UNKNW 102 0.99 33000.00 2/3/06
IL 2579519 42.00 2/3/96
60462 24
9.49%
VALLEY STREAM NY 120 $99,900.00
UNKNW 101 1.50 99900.00 1/27/06
NY 2579520 56.00 1/27/96
11581 40
10.%
GRAND BAY AL
UNKNW 120 2.00 $12,138.70
AL 2579521 80.00 102 24800.00 2/6/96
36541 39 12:00 AM
10.5%
RIVERVIE MI 120 $14,457.53
UNKNW 102 1.50 100000.00 2/2/06
MI 2579522 78.00 2/2/96
48192 21
10.%
LAINGSBU MI 120 $23,050.67
UNKNW 102 2.75 24900.00 2/9/06
MI 2579523 90.00 2/9/96
48848 27
11.25%
SALINAS CA 120 $40,000.00
UNKNW 101 1.50 40000.00 1/25/06
CA 2579524 59.00 1/25/96
93908 48
10.%
TUCSON AZ 120 $144,452.00
UNKNW 103 1.50 144300.00 3/6/06
AZ 2579525 79.00 3/6/96
85742 45
10.%
CHURCH HILL MD 120 $29,819.54
UNKNW 102 0.99 31700.00 2/15/06
MD 2579526 80.00 2/15/96
21623 40
9.49%
DAYVILLE CT 120 $24,384.28
UNKNW 102 0.99 25000.00 2/12/06
CT 2579527 28.00 2/12/96
06241 35
9.49%
SHAKER HEIGHTS OH 120 $21,080.71
UNKNW 101 2.75 20900.00 1/2/06
OH 2579528 90.00 1/2/96
44122 25
11.25%
WOODSTOC GA 120 $20,436.52
UNKNW 100 4.00 22400.00 12/12/05
GA 2579529 100.00 12/12/95
30189 26
12.5%
MECHANIC PA 120 $4,336.75
UNKNW 100 2.00 25100.00 12/13/05
PA 2579530 51.00 12/13/95
17055 25
10.5%
BAY CITY MI 120 $7,780.11
UNKNW 100 1.75 26000.00 12/6/05
MI 2579531 69.00 12/6/95
48706 21
10.25%
ANTIOCH CA
UNKNW 120 2.00 $6,209.66
CA 2579532 80.00 100 15000.00 12/28/95
94509 39 12:00 AM
10.5%
EVANSDAL IA 120 $33,950.97
UNKNW 101 2.75 34000.00 1/16/06
IA 2579533 90.00 1/16/96
50707 23
11.25%
WESTFIEL NJ 120 $39,536.27
UNKNW 101 2.75 50000.00 1/3/06
NJ 2579534 89.00 1/3/96
07090 27
11.25%
TROY MI 120 $12,626.63
UNKNW 103 1.50 25200.00 3/21/06
MI 2579535 80.00 3/21/96
48083 24
10.%
FLINT MI 120 $20,372.12
UNKNW 101 2.75 20600.00 1/5/06
MI 2579536 90.00 1/5/96
48532 28
11.25%
MADISON CT 120 $9,674.39
UNKNW 101 3.00 20700.00 1/29/06
CT 2579537 90.00 1/29/96
06443 34
11.5%
35 SHORE DRIVE 180 $21,402.62
GREAT NECK, 135 2.00 63000.00 11/22/08
NY 2579538 65.00 11/22/93
11024 26
10.5%
9197 EAST 300 SOUTH 120 $25,911.08
ZIONSVILLE, 104 0.99 100000.00 4/29/06
IN 2579539 55.00 4/29/96
46208 0
9.49%
BETTENDO IA 120 $50,017.87
UNKNW 101 1.50 75000.00 1/29/06
IA 2579540 79.00 1/29/96
52722 23
10.%
BERKELEY CA 120 $2,832.94
UNKNW 100 2.00 17100.00 12/14/05
CA 2579541 80.00 12/14/95
94708 33
10.5%
CASTAIC CA 120 $34,746.83
UNKNW 100 4.00 35000.00 12/9/05
CA 2579542 100.00 12/9/95
91384 39
12.5%
14 E. 47TH STREET 6TH
NEW YORK 120 1.75 $26,744.75
NJ 2579543 51.00 100 50000.00 12/20/95
10017 26 12:00 AM
10.25%
LITTLETO NH 120 $32,353.84
UNKNW 101 1.50 45000.00 1/15/06
NH 2579544 45.00 1/15/96
03561 42
10.%
OAKLAND MI 120 $8,431.59
UNKNW 100 2.75 19200.00 12/5/05
MI 2579545 90.00 12/5/95
48363 26
11.25%
SAN DIEGO CA 120 $4,512.55
UNKNW 100 2.00 50000.00 12/18/05
CA 2579546 36.00 12/18/95
92131 39
10.5%
METAIRIE LA 120 $33,773.76
UNKNW 100 1.75 35000.00 12/18/05
LA 2579547 28.00 12/18/95
70001 28
10.25%
GEIMFASK MI 120 $38,049.57
UNKNW 100 1.00 39200.00 12/6/05
MI 2579548 80.00 12/6/95
49836 30
9.5%
LAKE CLARKE SHORES FL 120 $14,189.53
UNKNW 100 3.00 17200.00 12/21/05
FL 2579549 90.00 12/21/95
33406 39
11.5%
RENTON, WA 120 $10,535.06
UNKNW 99 4.00 25100.00 11/27/05
WA 2579550 73.00 11/27/95
98058 28
9.22%
PACIFICA CA 120 $24,577.79
UNKNW 100 2.00 25100.00 12/12/05
CA 2579551 68.00 12/12/95
94044 30
10.5%
WILLOW GROVE PA 120 $3,839.79
UNKNW 100 1.75 25000.00 12/1/05
PA 2579552 14.00 12/1/95
19090 42
10.25%
GALLUP NM 120 $12,000.00
UNKNW 101 2.00 30000.00 1/4/06
NM 2579553 40.00 1/4/96
87301 14
10.5%
DETROIT MI
UNKNW 120 2.00 $20,094.90
MI 2579554 80.00 100 20000.00 12/5/95
48204 16 12:00 AM
10.5%
RIDGECRE CA 120 $18,864.83
UNKNW 99 4.00 19500.00 11/22/05
CA 2579555 100.00 11/22/95
93555 36
12.5%
HOLLY MI 120 $19,373.02
UNKNW 100 1.75 29100.00 12/13/05
MI 2579556 80.00 12/13/95
48442 26
10.25%
JACKSONV FL 120 $12,840.85
UNKNW 99 4.00 12900.00 11/28/05
FL 2579557 100.00 11/28/95
32225 33
12.5%
BURTON MI 120 $10,709.11
UNKNW 99 4.00 12300.00 11/8/05
MI 2579558 93.00 11/8/95
48529 24
12.5%
DECATUR GA 120 $13,126.63
UNKNW 100 1.75 39400.00 12/6/05
GA 2579559 80.00 12/6/95
30034 20
10.25%
PLYMOUTH MA 120 $14,125.54
UNKNW 100 4.00 15000.00 12/14/05
MA 2579560 96.00 12/14/95
02360 35
12.5%
BLANDON PA 120 $8,729.73
UNKNW 101 4.00 14000.00 1/19/06
PA 2579561 100.00 1/19/96
19510 30
12.5%
BURLINGT VT 120 $34,737.10
UNKNW 99 4.00 35000.00 11/22/05
VT 2579562 95.00 11/22/95
05401 32
12.5%
PHOENIX AZ 120 $12,682.39
UNKNW 100 2.00 89800.00 12/21/05
AZ 2579563 80.00 12/21/95
85044 27
10.5%
SHELBY TWP. MI 120 $6,254.94
UNKNW 99 1.75 30000.00 11/11/05
MI 2579564 60.00 11/11/95
48315 21
10.25%
WASILLA AK
UNKNW 120 4.00 $41,044.35
AK 2579565 100.00 100 41100.00 12/5/95
99654 34 12:00 AM
12.5%
RALEIGH NC 120 $18,090.43
UNKNW 100 2.00 51600.00 12/5/05
NC 2579566 75.00 12/5/95
27614 23
10.5%
OXON HILL MD 120 $18,973.80
UNKNW 99 3.00 21100.00 11/28/05
MD 2579567 90.00 11/28/95
20745 30
11.5%
NOVI MI 120 $33,524.97
UNKNW 103 1.50 42800.00 3/8/06
MI 2579568 80.00 3/8/96
48374 37
10.%
CANTON MI 120 $27,732.43
UNKNW 99 1.50 50000.00 11/17/05
MI 2579569 62.00 11/17/95
48188 39
10.%
APOLLO PA 120 $23,009.23
UNKNW 101 1.75 52000.00 1/16/06
PA 2579570 80.00 1/16/96
15613 40
10.25%
PITTSBOR IN 120 $17,887.65
UNKNW 100 1.75 25000.00 12/14/05
IN 2579571 64.00 12/14/95
46167 36
10.25%
NORTH WALES PA 120 $11,982.34
UNKNW 100 1.75 25300.00 12/1/05
PA 2579572 90.00 12/1/95
19454 33
10.25%
SELBYVIL DE 120 $20,489.13
UNKNW 100 3.00 20500.00 12/27/05
DE 2579573 90.00 12/27/95
19975 35
11.5%
DETROIT MI 120 $26,892.84
UNKNW 99 1.50 30000.00 11/14/05
MI 2579574 60.00 11/14/95
48217 29
10.%
FRESNO CA 120 $13,471.18
UNKNW 100 3.00 25000.00 12/12/05
CA 2579575 89.00 12/12/95
93720 28
11.5%
ANAHEIM CA
UNKNW 120 4.00 $29,376.21
CA 2579576 93.00 101 35000.00 1/3/96
92808 34 12:00 AM
12.5%
CHANTILL VA 120 $24,830.66
UNKNW 100 1.75 25000.00 12/12/05
VA 2579577 78.00 12/12/95
22021 36
10.25%
VANDALIA OH 120 $800.00
UNKNW 100 1.75 40000.00 12/4/05
OH 2579578 66.00 12/4/95
45377 17
10.25%
LOCKPORT IL 120 $48,246.54
UNKNW 100 1.75 50000.00 12/11/05
IL 2579579 80.00 12/11/95
60441 33
10.25%
PHOENIX AZ 120 $16,910.29
UNKNW 100 4.00 25100.00 12/1/05
AZ 2579580 91.00 12/1/95
85018 30
12.5%
BOLINGBR IL 120 $25,570.58
UNKNW 99 1.75 29000.00 11/17/05
IL 2579581 80.00 11/17/95
60440 37
10.25%
ANN ARBOR MI 120 $31,474.11
UNKNW 103 2.25 39500.00 3/1/06
MI 2579582 90.00 3/1/96
48105 20
10.75%
COSTA MESA CA 120 $49,892.04
UNKNW 102 1.75 58800.00 2/23/06
CA 2579583 75.00 2/23/96
92627 23
10.25%
NORTH VERNON IN 120 $2,817.95
UNKNW 102 1.75 10000.00 2/23/06
IN 2579584 65.00 2/23/96
47265 38
10.25%
CHATHAM NJ 120 $31,780.59
UNKNW 103 1.75 50000.00 3/30/06
NJ 2579585 75.00 3/30/96
07928 14
10.25%
HOWARD CITY MI 120 $25,968.08
UNKNW 103 2.75 30000.00 3/21/06
MI 2579586 90.00 3/21/96
49329 39
11.25%
ORTONVIL MI
UNKNW 120 1.75 $15,357.16
MI 2579587 73.00 103 75000.00 3/15/96
48462 37 12:00 AM
10.25%
SAN JOSE CA 120 $7,259.00
UNKNW 102 2.00 50000.00 2/28/06
CA 2579588 75.00 2/29/96
95122 35
10.5%
HAYWARD CA 120 $3,809.73
UNKNW 103 2.00 25000.00 3/14/06
CA 2579589 48.00 3/14/96
94545 48
10.5%
BREWSTER NY 120 $33,182.45
UNKNW 103 1.75 34300.00 3/6/06
NY 2579590 80.00 3/6/96
10509 43
10.25%
WATERFOR MI 120 $49,940.87
UNKNW 103 1.25 100000.00 3/1/06
MI 2579591 68.00 3/1/96
48329 31
9.75%
LAFAYETT CO 120 $6,177.02
UNKNW 103 2.00 20000.00 3/4/06
CO 2579592 72.00 3/4/96
80026 25
10.5%
BURBANK CA 120 $16,826.79
UNKNW 103 2.00 17600.00 3/8/06
CA 2579593 80.00 3/8/96
91505 37
10.5%
SAGINAW MI 120 $22,754.53
UNKNW 103 4.00 23000.00 3/30/06
MI 2579594 100.00 3/30/96
48602 22
12.5%
LAKEVILL MA 120 $6,804.57
UNKNW 102 2.00 22000.00 2/9/06
MA 2579595 64.00 2/9/96
02347 41
10.5%
FT WAYNE IN 120 $20,104.76
UNKNW 102 1.75 40000.00 2/22/06
IN 2579596 75.00 2/22/96
46804 37
10.25%
BRENTWOO TN 120 $50,952.88
UNKNW 102 1.50 72000.00 2/16/06
TN 2579597 90.00 2/16/96
37027 44
10.%
LANSING MI
UNKNW 120 4.00 $15,159.65
MI 2579598 100.00 102 16000.00 2/23/96
48911 38 12:00 AM
12.5%
STEAMBOA SPRINGS CO 120 $4,702.65
UNKNW 102 2.00 36400.00 2/9/06
CO 2579599 76.00 2/9/96
80477 43
10.5%
AMHERST NY 120 $14,646.84
UNKNW 102 1.50 30000.00 2/23/06
NY 2579600 76.00 2/23/96
14221 19
10.%
FOREST HILL MD 120 $10,256.62
UNKNW 102 2.50 25900.00 2/16/06
MD 2579601 90.00 2/16/96
21050 0
11.%
WHITE PLAINS MD 120 $5,110.09
UNKNW 102 1.99 22700.00 2/21/06
MD 2579602 75.00 2/21/96
20695 23
10.49%
EDEN PRAIRIE MN 120 $58,028.36
UNKNW 102 2.50 58400.00 2/16/06
MN 2579603 90.00 2/16/96
55346 29
11.%
AMELIA OH 120 $20,201.87
UNKNW 104 2.00 25000.00 4/2/06
OH 2579604 79.00 4/2/96
45102 21
10.5%
SURRY VA 120 $14,243.62
UNKNW 102 3.00 14300.00 2/16/06
VA 2579605 90.00 2/16/96
23883 39
11.5%
OLD TAPPAN NJ 120 $36,226.58
UNKNW 103 1.75 100000.00 3/13/06
NJ 2579606 46.00 3/13/96
07675 37
10.25%
MISSION VIEJO CA 120 $27,409.40
UNKNW 102 2.75 28900.00 2/27/06
CA 2579607 90.00 2/27/96
92692 40
11.25%
HALF MOON BAY CA 120 $42,353.26
UNKNW 102 2.75 44200.00 2/3/06
AZ 2579608 90.00 2/3/96
94019 38
11.25%
SANTA ROSA CA
UNKNW 120 2.75 $27,010.66
CA 2579609 90.00 101 27100.00 1/30/96
95403 39 12:00 AM
11.25%
MONMOUTH JUNCTION NJ 120 $14,644.26
UNKNW 101 3.00 46300.00 1/26/06
NJ 2579610 90.00 1/26/96
08852 35
11.5%
EATON RAPIDS MI 120 $19,877.72
UNKNW 102 3.00 20200.00 2/5/06
MI 2579611 100.00 2/5/96
48827 33
11.5%
ORION TWP MI 120 $9,603.89
UNKNW 101 1.75 30000.00 1/25/06
MI 2579612 73.00 1/25/96
48360 46
10.25%
COTTAGE GROVE MN 120 $12,202.04
UNKNW 101 3.00 12500.00 1/26/06
MN 2579613 90.00 1/26/96
55016 52
11.5%
ALBUQUER NM 120 $25,945.22
UNKNW 102 0.99 27600.00 2/13/06
NM 2579614 64.00 2/13/96
87111 37
9.49%
WHEATON IL 120 $10,616.92
UNKNW 102 1.75 60200.00 2/8/06
IL 2579615 80.00 2/8/96
60187 20
10.25%
BILLINGS MT 120 $20,017.15
UNKNW 102 0.99 25000.00 2/6/06
MT 2579616 22.00 2/6/96
59101 22
9.49%
NEWTOWN PA 120 $25,169.91
UNKNW 102 2.75 25300.00 2/5/06
PA 2579617 90.00 2/5/96
18940 37
11.25%
COMMERCE CITY CO 120 $16,619.39
UNKNW 102 2.00 25000.00 2/2/06
CO 2579618 58.00 2/2/96
80022 27
10.5%
WEST BLOOMFIELD MI 120 $32,361.19
UNKNW 102 1.50 100000.00 2/8/06
MI 2579619 78.00 2/8/96
48324 21
10.%
LARGO FL
UNKNW 120 2.00 $3,251.81
FL 2579620 54.00 103 35000.00 3/5/96
34640 32 12:00 AM
10.5%
SEAFORD NY 120 $25,099.60
UNKNW 101 1.50 25100.00 1/4/06
NY 2579621 20.00 1/4/96
11783 45
10.%
RIDGEWOO NJ 120 $22,217.76
UNKNW 101 3.00 33600.00 1/12/06
NJ 2579622 90.00 1/12/96
07450 30
11.5%
GROSSE ILE MI 120 $5,746.28
UNKNW 103 2.75 15000.00 3/12/06
MI 2579623 90.00 3/12/96
48138 30
11.25%
SANTA CRUZ CA 120 $84,789.32
UNKNW 101 1.50 85000.00 1/26/06
CA 2579624 49.00 1/26/96
95062 42
10.%
PHENIX CITY AL 120 $21,034.98
UNKNW 101 1.75 25000.00 1/19/06
AL 2579625 72.00 1/19/96
36867 21
10.25%
CHAGRIN FALLS OH 120 $29,835.74
UNKNW 101 1.50 30000.00 1/23/06
OH 2579626 48.00 1/23/96
44022 35
10.%
CALPARAI IN 120 $11,531.78
UNKNW 101 2.00 25000.00 1/26/06
IN 2579627 78.00 1/26/96
46383 36
10.5%
FLUSHING MI 120 $25,666.71
UNKNW 101 1.50 40000.00 1/26/06
MI 2579628 80.00 1/26/96
48433 28
10.%
PLANTATI FL 120 $4,500.77
UNKNW 102 2.00 23200.00 2/2/06
FL 2579629 90.00 2/2/96
33317 27
10.5%
AMHERST NH 120 $9,282.73
UNKNW 102 3.00 25000.00 2/28/06
NH 2579630 90.00 2/28/96
03031 29
11.5%
PALATINE IL
UNKNW 120 2.25 $37,538.44
IL 2579631 90.00 102 40500.00 2/2/96
60067 24 12:00 AM
10.75%
WESTWOOD NJ 120 $26,350.53
UNKNW 101 2.75 27500.00 1/30/06
NJ 2579632 90.00 1/30/96
07675 38
11.25%
ANCHORAG AK 120 $25,547.26
UNKNW 102 1.75 29800.00 2/9/06
AK 2579633 78.00 2/9/96
99508 33
10.25%
LOCKPORT NY 120 $20,061.75
UNKNW 96 2.75 20300.00 8/30/05
NY 2579634 90.00 8/30/95
14094 19
11.25%
BRIDGEPO MI. 120 $18,989.53
UNKNW 97 4.00 19000.00 9/29/05
MI 2579635 99.00 9/29/95
48722 35
12.5%
CYPRESS, CA 120 $18,692.71
UNKNW 97 4.00 25500.00 9/5/05
CA 2579636 100.00 9/5/95
90630 30
12.5%
EL CERRITO CA 120 $46,690.16
UNKNW 101 1.75 50000.00 1/9/06
CA 2579637 56.00 1/9/96
94530 26
10.25%
EDEN PRARIE MN 120 $38,620.94
UNKNW 101 2.75 44000.00 1/3/06
MN 2579638 90.00 1/3/96
55347 26
11.25%
KENSINGT NH 120 $55,000.00
UNKNW 101 1.50 75000.00 1/23/06
NH 2579639 77.00 1/23/96
03833 40
10.%
BRODHEAD PA 120 $26,691.04
UNKNW 101 4.00 26700.00 1/5/06
PA 2579640 100.00 1/5/96
18322 37
12.5%
OAK PARK MI 120 $29,604.14
UNKNW 101 1.50 30000.00 1/29/06
MI 2579641 68.00 1/29/96
48237 13
10.%
CAMP HILL PA
UNKNW 120 2.00 $15,000.00
PA 2579642 80.00 101 59500.00 1/31/96
17011 33 12:00 AM
10.5%
DUMONT NJ 120 $6,354.73
UNKNW 101 3.00 10000.00 1/19/06
NJ 2579643 82.00 1/19/96
07628 39
11.5%
NEWVILLE PA 120 $25,346.47
UNKNW 101 4.00 25800.00 1/23/06
PA 2579644 94.00 1/23/96
17241 38
12.5%
HUNTINGT VALLEY PA 120 $36,846.12
UNKNW 101 2.75 37500.00 1/16/06
PA 2579645 90.00 1/16/96
19006 32
11.25%
OAK LAWN IL 120 $17,791.94
UNKNW 101 2.75 27000.00 1/16/06
IL 2579646 90.00 1/16/96
60453 39
11.25%
NORWALK IA 120 $23,095.23
UNKNW 95 2.00 31900.00 7/31/05
IA 2579647 80.00 7/31/95
50211 28
10.5%
IDABEL OK 120 $24,959.27
UNKNW 95 2.00 25000.00 7/31/05
OK 2579648 73.00 7/31/95
74745 40
10.5%
SAN FRANCISCO CA 120 $32,132.95
UNKNW 95 1.75 50000.00 7/24/05
CA 2579649 67.00 7/24/95
94114 43
10.25%
HASBROUC HGHTS NJ 120 $44,000.00
UNKNW 96 1.75 70000.00 8/19/05
NJ 2579650 87.00 8/19/95
07604 32
10.25%
AMBLER PA 120 $8,174.09
UNKNW 95 2.00 50000.00 7/24/05
PA 2579651 43.00 7/24/95
19002 37
10.5%
EASTON PA 120 $9,164.91
UNKNW 95 2.00 25100.00 7/18/05
PA 2579652 83.00 7/18/95
18042 37
10.5%
THOUSAND OAKS, CA
UNKNW 120 1.75 $42,333.97
CA 2579653 63.00 95 50000.00 7/12/95
91360 33 12:00 AM
10.25%
MT CLEMENS, MI 120 $8,967.33
UNKNW 94 1.75 50000.00 6/21/05
MI 2579654 39.00 6/21/95
48045 23
10.25%
CHESTERF MO 120 $2,323.95
UNKNW 95 2.00 10700.00 7/31/05
MO 2579655 80.00 7/31/95
63017 21
10.5%
FARMINGT HILLS, MI 120 $69,066.19
UNKNW 95 1.25 69100.00 7/5/05
MI 2579656 69.00 7/5/95
48331 49
9.75%
ORTONVIL MI 120 $7,341.43
UNKNW 94 1.50 25000.00 6/29/05
MI 2579657 80.00 6/29/95
48462 30
10.%
TROY MI 120 $43,609.47
UNKNW 95 1.50 100000.00 7/21/05
MI 2579658 78.00 7/21/95
48098 31
10.%
INDIANAP IN 120 $25,000.00
UNKNW 95 2.00 25000.00 7/12/05
IN 2579659 55.00 7/12/95
46226 44
10.5%
ROCHESTE NH 120 $21,954.04
UNKNW 96 2.00 30000.00 8/2/05
NH 2579660 79.00 8/2/95
03867 39
10.5%
MAYVILLE MI 120 $40,324.99
UNKNW 95 1.50 41200.00 7/21/05
MI 2579661 80.00 7/21/95
48744 32
10.%
CAMARILL CA 120 $36,288.63
UNKNW 94 1.75 41200.00 6/30/05
CA 2579662 77.00 6/30/95
93012 22
10.25%
WESTBURG NY 120 $19,506.00
UNKNW 95 2.00 25000.00 7/17/05
NY 2579663 44.00 7/17/95
11590 56
10.5%
OMAHA NE
UNKNW 120 2.00 $15,146.01
NE 2579664 63.00 95 30000.00 7/18/95
68152 38 12:00 AM
10.5%
RAHWAY NJ 120 $11,441.13
UNKNW 98 3.00 18700.00 10/4/05
NJ 2579665 90.00 10/4/95
07065 36
11.5%
NORTH ANDOVER, MA 120 $7,969.03
UNKNW 94 2.00 44900.00 6/27/05
MA 2579666 80.00 6/27/95
01845 39
10.5%
BISMARCK ND 120 $45,589.57
UNKNW 95 1.99 64200.00 7/10/05
ND 2579667 80.00 7/10/95
58501 19
10.49%
GLENSIDE PA 180 $33,617.10
UNKNW 157 1.50 36500.00 9/6/10
PA 2579668 80.00 9/6/95
19038 24
10.%
WYZATA, MN 120 $43,463.18
UNKNW 95 1.75 44900.00 7/7/05
MN 2579669 80.00 7/7/95
55391 38
10.25%
BALTIC, CT 120 $16,774.98
UNKNW 95 2.00 47200.00 7/19/05
CT 2579670 80.00 7/19/95
06330 37
10.5%
SAN DIEGO CA 120 $13,176.95
UNKNW 95 2.00 22100.00 7/7/05
CA 2579671 80.00 7/7/95
92122 52
10.5%
BAYONNE, NJ. 120 $24,967.18
UNKNW 94 2.00 25000.00 6/29/05
NJ 2579672 34.00 6/29/95
07002 43
10.5%
ROCKY MOUNT NC 120 $13,765.10
UNKNW 96 1.99 28900.00 8/25/05
NC 2579673 80.00 8/25/95
27804 20
10.49%
MENLOW PARK CA 120 $39,508.81
MENLOW PARK, 94 2.00 40000.00 6/28/05
CA 2579674 75.00 6/28/95
94025 40
10.5%
MOORPARK CA
UNKNW 120 2.00 $16,980.70
CA 2579675 74.00 94 25000.00 6/29/95
93021 35 12:00 AM
10.5%
SCRANTON PA 120 $17,392.36
UNKNW 95 3.00 17600.00 7/25/05
PA 2579676 90.00 7/25/95
18505 27
11.5%
DETROIT MI 120 $17,672.04
UNKNW 95 3.00 17800.00 7/13/05
MI 2579677 90.00 7/13/95
48219 36
11.5%
FRESNO CA 120 $17,229.05
UNKNW 95 4.00 17900.00 7/24/05
CA 2579678 100.00 7/24/95
93703 34
12.5%
RALEIGH, NC. 120 $27,046.01
UNKNW 94 1.75 36900.00 6/23/05
NC 2579679 80.00 6/23/95
27615 40
10.25%
PENNINGT NJ 120 $33,964.26
UNKNW 95 1.75 34000.00 7/11/05
NJ 2579680 80.00 7/11/95
08534 39
10.25%
ST PAUL PARK, MN. 120 $10,874.13
UNKNW 94 2.00 11200.00 6/26/05
MN 2579681 80.00 6/26/95
55071 41
10.5%
MOUNT SINAI NY 120 $37,228.47
UNKNW 95 1.75 39000.00 7/12/05
NY 2579682 80.00 7/12/95
11766 40
10.25%
CHARLEST SC 120 $6,511.18
UNKNW 95 2.00 25000.00 7/13/05
SC 2579683 60.00 7/13/95
29412 42
10.5%
PLYMOUTH MA 120 $13,550.44
UNKNW 94 2.00 40000.00 6/26/05
MA 2579684 69.00 6/26/95
02367 37
10.5%
JANSVILL WI 120 $11,720.27
UNKNW 95 4.00 13200.00 7/27/05
WI 2579685 100.00 7/27/95
53546 35
12.5%
NAHANT MA
UNKNW 120 2.00 $16,085.76
MA 2579686 80.00 95 26700.00 7/31/95
01908 40 12:00 AM
10.5%
VILLE PLATTE LA 120 $35,730.96
UNKNW 100 1.75 36000.00 12/12/05
LA 2579687 59.00 12/12/95
70586 37
10.25%
ALTADENA CA 120 $24,953.30
UNKNW 100 2.00 25100.00 12/19/05
CA 2579688 56.00 12/19/95
91001 41
10.5%
SAGINAW MI 120 $34,666.21
UNKNW 100 1.50 38800.00 12/6/05
MI 2579689 80.00 12/6/95
48602 39
10.%
ATLANTIC BEACH NY 120 $19,000.00
UNKNW 100 2.00 80000.00 12/15/05
NY 2579690 74.00 12/15/95
11509 41
10.5%
DETROIT MI 120 $29,991.79
UNKNW 100 1.75 30000.00 12/27/05
MI 2579691 48.00 12/27/95
48224 40
10.25%
BROOKLYN NY 120 $14,073.11
UNKNW 94 2.00 15400.00 6/19/05
NY 2579692 80.00 6/19/95
11234 35
10.5%
CHESTERF MI 120 $39,340.74
UNKNW 94 1.75 40000.00 6/20/05
MI 2579693 45.00 6/20/95
48051 35
10.25%
SEATTLE, WA 120 $13,289.02
UNKNW 94 4.00 13400.00 6/22/05
WA 2579694 80.00 6/22/95
98117 40
9.22%
FULLERTO CA. 180 $15,854.38
UNKNW 154 2.00 25000.00 6/10/10
CA 2579695 13.00 6/10/95
92835 37
10.5%
WESTFIEL NJ 180 $11,441.91
UNKNW 155 1.99 90000.00 7/27/10
NJ 2579696 75.00 7/27/95
07090 45
10.49%
VALLEJO CA
UNKNW 120 3.00 $23,730.01
CA 2579697 90.00 95 24500.00 7/18/95
94591 40 12:00 AM
11.5%
DETROIT MI 120 $23,250.86
UNKNW 96 4.00 24200.00 8/10/05
MI 2579698 100.00 8/10/95
48235 34
12.5%
ESCONDID CA 120 $16,825.47
UNKNW 94 3.00 47000.00 6/20/05
CA 2579699 90.00 6/20/95
92026 43
11.5%
WOLCOHVI IN 120 $13,489.18
UNKNW 94 1.75 86600.00 6/23/05
IN 2579700 80.00 6/23/95
46795 41
10.25%
ST. LOUIS MO 120 $10,557.56
UNKNW 99 3.00 10600.00 11/6/05
MO 2579701 90.00 11/6/95
63116 40
11.5%
WYOMISSI PA 120 $15,661.62
UNKNW 100 1.99 16300.00 12/14/05
PA 2579702 80.00 12/14/95
19610 29
10.49%
UTICA NY 120 $2,195.39
UNKNW 99 2.00 40000.00 11/27/05
NY 2579703 73.00 11/27/95
13502 34
10.5%
BOYNE CITY MI 120 $35,670.94
UNKNW 99 1.50 38400.00 11/20/05
MI 2579704 80.00 11/20/95
49712 37
10.%
STEUBENV OH 120 $36,934.68
UNKNW 100 1.75 38000.00 12/30/05
OH 2579705 80.00 12/30/95
43952 33
10.25%
FORSYTH GA 120 $6,978.92
UNKNW 99 3.00 13000.00 11/22/05
GA 2579706 90.00 11/22/95
31029 32
11.5%
LINDSAY OK 120 $91,186.38
UNKNW 99 1.50 91200.00 11/30/05
OK 2579707 80.00 11/30/95
73052 26
10.%
LAKE ORION MI
UNKNW 120 1.75 $6,933.61
MI 2579708 72.00 99 100000.00 11/10/95
48360 34 12:00 AM
10.25%
UNION CITY CA 120 $16,543.23
UNKNW 99 2.00 25000.00 11/21/05
CA 2579709 77.00 11/21/95
94587 30
10.5%
FLINT MI 120 $9,247.17
UNKNW 99 2.75 26100.00 11/24/05
MI 2579710 90.00 11/24/95
48504 32
11.25%
MILWAUKI OR 120 $42,981.65
UNKNW 99 0.99 45000.00 11/28/05
OR 2579711 91.00 11/28/95
97222 32
9.49%
SWARTZ CREEK MI 120 $29,962.41
UNKNW 99 1.50 41000.00 11/18/05
MI 2579712 80.00 11/18/95
48473 39
10.%
SANTA FE NM 120 $20,046.77
UNKNW 99 2.00 25000.00 11/22/05
NM 2579713 52.00 11/22/95
87501 23
10.5%
LAKE ELSINORE CA 120 $10,439.63
UNKNW 99 4.00 10600.00 11/15/05
CA 2579714 100.00 11/15/95
92530 35
12.5%
WASHINGT MI 120 $27,271.44
UNKNW 100 1.50 45400.00 12/5/05
MI 2579715 80.00 12/5/95
48094 41
10.%
PORTAGE MI 120 $31,188.87
UNKNW 99 1.50 64000.00 11/4/05
MI 2579716 80.00 11/4/95
49002 27
10.%
CHARLEST SC 120 $28,580.10
UNKNW 99 1.50 30000.00 11/20/05
SC 2579717 72.00 11/20/95
29401 23
10.%
CORCORAN CA 120 $49,133.48
UNKNW 100 1.75 50000.00 12/1/05
CA 2579718 69.00 12/1/95
93212 42
10.25%
MACOMB MI
UNKNW 120 4.00 $29,551.63
MI 2579719 100.00 99 30000.00 11/16/95
48044 35 12:00 AM
12.5%
SPRINGHI FL 120 $16,385.94
UNKNW 99 3.00 18000.00 11/13/05
FL 2579720 90.00 11/13/95
34606 11
11.5%
GETTYSBU PA 120 $26,028.26
UNKNW 99 1.75 34500.00 11/18/05
PA 2579721 80.00 11/18/95
17325 34
10.25%
LANSING MI 120 $28,681.28
UNKNW 100 4.00 29000.00 12/1/05
MI 2579722 100.00 12/1/95
48911 36
12.5%
FLINT MI 120 $19,443.10
UNKNW 99 4.00 20500.00 11/13/05
MI 2579723 100.00 11/13/95
48503 27
12.5%
LAKE MARY FL 120 $26,898.08
UNKNW 99 1.75 27500.00 11/16/05
FL 2579724 74.00 11/16/95
32746 31
10.25%
SHELBY TOWNSHIP MI 120 $21,100.00
UNKNW 100 4.00 21100.00 12/1/05
MI 2579725 100.00 12/1/95
48315 33
12.5%
HASTINGS MI 120 $3,735.85
UNKNW 98 1.75 19600.00 10/30/05
MI 2579726 80.00 10/30/95
49058 39
10.25%
HAUGHTON LA 120 $24,793.30
UNKNW 99 2.00 25000.00 11/17/05
LA 2579727 60.00 11/17/95
71037 39
10.5%
LAS VEGAS NV 120 $2,001.52
UNKNW 100 2.00 10000.00 12/8/05
NV 2579728 73.00 12/8/95
89121 41
10.5%
HAMBURG NY 120 $11,500.00
UNKNW 98 1.50 32100.00 10/19/05
NY 2579729 80.00 10/19/95
14075 11
10.%
WOODSIDE CA
UNKNW 120 1.75 $28,413.24
CA 2579730 69.00 98 27000.00 10/27/95
94062 37 12:00 AM
10.25%
SAGINAW MI 120 $23,278.65
UNKNW 99 1.75 24000.00 11/7/05
MI 2579731 80.00 11/7/95
48601 30
10.25%
JANESVIL WI 120 $18,432.71
UNKNW 98 1.75 70400.00 10/29/05
WI 2579732 80.00 10/29/95
53545 24
10.25%
MARTINEZ CA 120 $706.39
UNKNW 99 2.00 50000.00 11/7/05
CA 2579733 76.00 11/7/95
94553 31
10.5%
AGOURA HILLS CA 120 $29,194.37
UNKNW 99 1.75 30000.00 11/25/05
CA 2579734 78.00 11/25/95
91301 41
10.25%
GREENSBO NC 120 $28,265.23
UNKNW 98 1.75 30000.00 10/26/05
NC 2579735 66.00 10/26/95
27410 26
10.25%
STATEN ISLAND NY 120 $10,891.10
UNKNW 98 3.00 11500.00 10/20/05
NY 2579736 90.00 10/20/95
10314 34
11.5%
FLAGSTAF AZ 120 $73,054.33
UNKNW 99 1.50 75000.00 11/20/05
AZ 2579737 74.00 11/20/95
86004 34
10.%
DERUYTER NY 120 $15,522.32
UNKNW 99 3.00 15800.00 11/30/05
NY 2579738 90.00 11/30/95
13052 36
11.5%
45 COUNTY ROAD 12 120 $25,157.21
KREMMLING 99 1.75 30000.00 11/15/05
CO 2579739 79.00 11/15/95
80459 38
10.25%
WESTPORT MA 120 $28,966.46
UNKNW 99 1.75 30000.00 11/28/05
MA 2579740 20.00 11/28/95
02790 31
10.25%
BUFFALO NY
UNKNW 120 2.00 $19,130.30
NY 2579741 80.00 99 19600.00 11/17/95
14220 34 12:00 AM
10.5%
ANCHORAG AK 120 $28,366.89
UNKNW 98 1.75 30000.00 10/16/05
AK 2579742 67.00 10/16/95
99507 36
10.25%
FAIR OAKS CA 120 $18,625.65
UNKNW 99 4.00 19800.00 11/13/05
CA 2579743 100.00 11/13/95
95628 33
12.5%
MANCHEST NH 120 $11,205.14
UNKNW 99 4.00 11200.00 11/8/05
NH 2579744 100.00 11/8/95
03109 36
12.5%
SANDUSKY OH 120 $9,649.12
UNKNW 99 4.00 10000.00 11/27/05
OH 2579745 91.00 11/27/95
44870 32
12.5%
SAN JOSE CA 120 $11,312.21
UNKNW 99 3.00 12700.00 11/14/05
CA 2579746 90.00 11/14/95
95123 36
11.5%
MOUNT SINAI NY 120 $38,070.27
UNKNW 98 1.75 40000.00 10/26/05
NY 2579747 56.00 10/26/95
11766 32
10.25%
WEST JORDAN UT 120 $23,139.03
UNKNW 99 2.00 30000.00 11/7/05
UT 2579748 41.00 11/7/95
84084 40
10.5%
RESTON VA 120 $33,919.99
UNKNW 99 1.75 38000.00 11/2/05
VA 2579749 77.00 11/2/95
22091 24
10.25%
ROCHESTE HILLS MI 120 $29,596.33
UNKNW 99 1.50 29900.00 11/3/05
MI 2579750 76.00 11/3/95
48306 43
10.%
ST. PAUL MN 120 $24,289.47
UNKNW 98 2.00 25200.00 10/24/05
MN 2579751 80.00 10/24/95
55106 30
10.5%
WICOMICO CHURCH VA
UNKNW 120 2.00 $1,896.55
VA 2579752 67.00 99 25100.00 11/13/95
22579 38 12:00 AM
10.5%
PRINCETO JUNCTION NJ 120 $23,699.93
UNKNW 98 3.00 30000.00 10/25/05
NJ 2579753 86.00 10/25/95
08550 32
11.5%
RIO RICO AZ 120 $24,348.84
UNKNW 99 4.00 25100.00 11/8/05
AZ 2579754 94.00 11/8/95
85648 26
12.5%
WALLINGF CT 120 $19,568.29
UNKNW 98 3.00 25000.00 10/18/05
CT 2579755 85.00 10/18/95
06492 39
11.5%
TEMPE AZ 120 $29,035.83
UNKNW 98 1.75 75000.00 10/2/05
AZ 2579756 40.00 10/2/95
85284 14
10.25%
WOODSTOC VA 120 $52,898.00
UNKNW 98 1.50 63300.00 10/18/05
VA 2579757 80.00 10/18/95
22664 21
10.%
PIEDMONT CA 120 $101,846.79
UNKNW 98 1.50 150000.00 10/3/05
CA 2579758 41.00 10/3/95
94611 38
10.%
EAST AMHERST NY 120 $33,503.21
UNKNW 98 1.75 40000.00 10/25/05
NY 2579759 79.00 10/25/95
14051 37
10.25%
SUNFIELD MI 120 $33,110.34
UNKNW 99 1.50 33700.00 11/14/05
MI 2579760 80.00 11/14/95
48890 36
10.%
SANTA CRUZ CA 120 $33,280.05
UNKNW 98 4.00 35000.00 10/25/05
CA 2579761 100.00 10/25/95
95065 32
12.5%
TRABUCO CANYON CA 120 $26,781.76
UNKNW 99 1.25 65000.00 11/22/05
CA 2579762 80.00 11/22/95
92679 0
9.75%
DUBLIN OH
UNKNW 120 3.00 $10,000.00
OH 2579763 90.00 98 15000.00 10/13/95
43017 27 12:00 AM
11.5%
HERALD CA 120 $1,846.06
UNKNW 98 2.00 25000.00 10/3/05
CA 2579764 71.00 10/3/95
95638 34
10.5%
EVERETT MA 120 $17,527.23
UNKNW 99 2.00 26000.00 11/4/05
MA 2579765 39.00 11/4/95
02149 40
10.5%
DRACUT MA 120 $9,656.44
UNKNW 99 3.00 12600.00 11/29/05
MA 2579766 90.00 11/29/95
01826 22
11.5%
DWIGHT ND 60 $9,440.00
UNKNW 40 2.00 10000.00 12/5/00
ND 2579767 78.00 12/5/95
58075 9
10.5%
ESCONDID CA 120 $503.41
UNKNW 97 3.00 24900.00 9/26/05
CA 2579768 90.00 9/26/95
92027 23
11.5%
CLARKSTO MI 120 $80,368.61
UNKNW 97 2.00 80400.00 9/28/05
MI 2579769 90.00 9/28/95
48348 39
10.5%
INDIANAP IN 120 $18,678.50
UNKNW 99 4.00 25600.00 11/3/05
IN 2579770 100.00 11/3/95
46254 30
12.5%
NAMPA ID 120 $22,990.09
UNKNW 98 2.00 75000.00 10/30/05
OR 2579771 55.00 10/30/95
83686 37
10.5%
SHAKOPEE MN 120 $8,581.53
UNKNW 98 2.00 10000.00 10/12/05
MN 2579772 89.00 10/12/95
55379 42
10.5%
SIOUX CITY IA 120 $28,129.37
UNKNW 98 1.75 29300.00 10/24/05
IA 2579773 80.00 10/24/95
51104 26
10.25%
ELK GROVE CA
UNKNW 120 4.00 $21,190.57
CA 2579774 100.00 100 21800.00 12/2/95
95624 17 12:00 AM
12.5%
CHESAPEA VA 120 $29,099.09
UNKNW 99 1.75 29200.00 11/9/05
VA 2579775 80.00 11/9/95
23320 38
10.25%
CHELMSFO MA 120 $15,000.00
UNKNW 98 3.00 22200.00 10/17/05
MA 2579776 90.00 10/17/95
01824 12
11.5%
AMBLER PA 120 $13,500.00
UNKNW 97 2.00 25200.00 9/29/05
PA 2579777 80.00 9/29/95
19002 32
10.5%
PHILADEL PA 120 $10,793.28
UNKNW 98 3.00 10800.00 10/25/05
PA 2579778 90.00 10/25/95
19134 24
11.5%
PHILEDEL PA 120 $24,814.70
UNKNW 97 2.00 25000.00 9/22/05
PA 2579779 66.00 9/22/95
19144 20
10.5%
GRESHAM OR 120 $64,115.18
UNKNW 98 1.50 65000.00 10/11/05
OR 2579780 57.00 10/11/95
97080 14
10.%
READING PA 120 $21,699.93
UNKNW 98 3.00 22400.00 10/24/05
PA 2579781 90.00 10/24/95
19607 34
11.5%
TEMPLE HILLS MD 120 $96,792.11
UNKNW 96 1.50 96600.00 8/31/05
MD 2579782 80.00 8/31/95
20748 28
10.%
SCOTCH PLAINS NJ 120 $24,272.85
UNKNW 97 2.00 25000.00 9/6/05
NJ 2579783 90.00 9/6/95
07076 34
10.5%
BLOOMFIE HILLS MI 120 $20,002.13
UNKNW 96 1.50 50000.00 8/28/05
MI 2579784 80.00 8/28/95
48301 13
10.%
SAVAGE MN
UNKNW 120 2.75 $26,000.00
MN 2579785 90.00 97 30000.00 9/7/95
55378 19 12:00 AM
11.25%
SOUTH SAN FRANCISCO CA 120 $15,823.84
UNKNW 97 2.00 40300.00 9/5/05
CA 2579786 80.00 9/5/95
94080 25
10.5%
ADDISON IL 120 $20,583.15
UNKNW 97 1.75 25000.00 9/20/05
IL 2579787 74.00 9/20/95
60101 37
10.25%
WATERFOR MI 120 $16,509.91
UNKNW 97 2.00 18900.00 9/22/05
MI 2579788 80.00 9/22/95
48328 42
10.5%
BALTIMOR MD 120 $24,265.84
UNKNW 98 4.00 25000.00 10/9/05
MD 2579789 100.00 10/9/95
21234 32
12.5%
FAIR OAKS CA 120 $8,929.46
UNKNW 97 2.00 50000.00 9/14/05
CA 2579790 70.00 9/14/95
95628 9
10.5%
MATAWAN NJ 120 $86,486.12
UNKNW 97 1.50 87300.00 9/1/05
NJ 2579791 80.00 9/1/95
07747 26
10.%
PORTAGE WI 120 $18,457.11
UNKNW 98 3.00 18200.00 10/18/05
WI 2579792 90.00 10/18/95
53901 35
11.5%
COLUMBIA MI 120 $65,571.31
UNKNW 97 1.25 65600.00 9/28/05
MI 2579793 80.00 9/28/95
48421 34
9.75%
PASADENA MD 120 $38,977.30
UNKNW 97 1.75 50000.00 9/26/05
MD 2579794 66.00 9/26/95
21122 36
10.25%
NERSTAND MN 120 $10,044.88
UNKNW 100 3.00 11500.00 12/22/05
MN 2579795 90.00 12/22/95
55053 39
11.5%
SCARBORO ME
UNKNW 120 1.75 $36,562.74
ME 2579796 80.00 100 60000.00 12/26/95
04070 41 12:00 AM
10.25%
SAN JOSE CA 120 $37,822.58
UNKNW 100 1.75 68700.00 12/31/05
CA 2579797 85.00 12/31/95
95138 32
10.25%
GLENDALE CA 120 $34,167.54
UNKNW 100 2.75 36000.00 12/27/05
CA 2579798 90.00 12/27/95
91206 43
11.25%
WINDSOR CA 120 $20,279.48
UNKNW 99 3.00 23800.00 11/13/05
CA 2579799 90.00 11/13/95
95492 33
11.5%
PARAMUS NJ 120 $221,201.38
UNKNW 100 1.50 240000.00 12/4/05
NJ 2579800 80.00 12/4/95
07652 22
10.%
PARAMUS NJ 120 $58,861.25
UNKNW 99 1.50 58400.00 11/15/05
NJ 2579801 80.00 11/15/95
07652 33
10.%
COMMERCE TOWNSHIP, MI. 120 $22,551.48
UNKNW 99 1.50 70000.00 11/3/05
MI 2579802 25.00 11/3/95
48382 20
10.%
TRINITY AL 120 $762.00
UNKNW 99 2.00 25000.00 11/3/05
AL 2579803 79.00 11/3/95
35673 40
10.5%
HEWITT NJ 120 $12,823.22
UNKNW 98 3.00 23000.00 10/25/05
NJ 2579804 90.00 10/25/95
07421 26
11.5%
DAVISON MI 120 $28,825.92
UNKNW 99 2.50 30000.00 11/20/05
MI 2579805 90.00 11/20/95
48423 34
11.%
ST JOHNS MI 120 $17,656.82
UNKNW 84 1.75 27500.00 8/15/04
MI 2579806 80.00 8/15/94
48879 40
10.25%
BLANCHAR OK
UNKNW 120 2.75 $14,228.16
OK 2579807 90.00 96 25000.00 8/2/95
73010 30 12:00 AM
11.25%
BUDD LAKE NJ 120 $15,000.00
UNKNW 99 1.75 15000.00 11/30/05
NJ 2579808 74.00 11/30/95
07828 40
10.25%
SEASIDE CA 120 $17,200.00
UNKNW 100 3.00 17200.00 12/1/05
CA 2579809 90.00 12/1/95
93955 42
11.5%
E. LANSING MI 120 $34,446.70
UNKNW 100 4.00 35000.00 12/8/05
MI 2579810 97.00 12/8/95
48823 29
12.5%
RAMSEY NJ 120 $4,450.78
UNKNW 100 2.00 25000.00 12/4/05
NJ 2579811 56.00 12/4/95
07446 43
10.5%
LOCKPORT NY 120 $60,130.08
UNKNW 100 1.25 64000.00 12/7/05
NY 2579812 80.00 12/7/95
14094 14
9.75%
NORTH BRUNSWICK NJ 120 $43,564.62
UNKNW 100 1.75 45000.00 12/13/05
NJ 2579813 69.00 12/13/95
08902 42
10.25%
PHOENIX AZ 120 $42,623.77
UNKNW 100 2.50 43000.00 12/13/05
AZ 2579814 90.00 12/13/95
85253 37
11.%
WESTON MA 120 $95,200.00
UNKNW 100 2.50 95200.00 12/15/05
MA 2579815 90.00 12/15/95
02193 34
11.%
ROMEO MI 120 $17,567.92
UNKNW 100 1.75 18000.00 12/11/05
MI 2579816 80.00 12/11/95
48065 28
10.25%
BRIGHTON MI 120 $20,521.64
UNKNW 100 1.50 56200.00 12/22/05
MI 2579817 75.00 12/22/95
48116 30
10.%
HUEYTOWN AL
UNKNW 120 3.00 $10,359.06
AL 2579818 88.00 101 10500.00 1/8/96
35023 34 12:00 AM
11.5%
BRISTOL VT 120 $14,249.56
UNKNW 100 3.00 14300.00 12/22/05
VT 2579819 90.00 12/22/95
05443 29
11.5%
YARMOUTH ME 120 $15,726.63
UNKNW 101 2.00 22500.00 1/10/06
ME 2579820 75.00 1/10/96
04096 32
10.5%
HAUPPAUQ NY 120 $21,857.23
UNKNW 104 2.00 23000.00 4/4/06
NY 2579821 80.00 4/4/96
11788 42
10.5%
HOLLYWOO FL 120 $16,635.00
UNKNW 99 2.00 18400.00 11/10/05
FL 2579822 80.00 11/10/95
33019 38
10.5%
RINGWOOD NJ 120 $14,006.02
UNKNW 99 2.00 100000.00 11/14/05
NJ 2579823 48.00 11/14/95
07456 39
10.5%
AUSTIN MN 120 $11,428.71
UNKNW 99 3.00 11600.00 11/15/05
MN 2579824 90.00 11/15/95
55912 26
11.5%
ALPHARET GA 120 $6,175.33
UNKNW 99 1.75 20000.00 11/17/05
GA 2579825 30.00 11/17/95
30202 24
10.25%
ROCHESTE HILLS MI 120 $16,163.65
UNKNW 99 1.75 41800.00 11/22/05
MI 2579826 80.00 11/22/95
48306 19
10.25%
PETERBOR NH 120 $19,708.19
UNKNW 100 2.00 25000.00 12/14/05
NH 2579827 76.00 12/14/95
03458 24
10.5%
MOORESVI IL 120 $17,011.47
UNKNW 99 1.75 26000.00 11/26/05
IL 2579828 80.00 11/26/95
46158 30
10.25%
KEW GARDENS HILLS NY
UNKNW 120 1.75 $25,920.52
NY 2579829 78.00 100 40000.00 12/26/95
11367 36 12:00 AM
10.25%
RIVEREDG NJ 120 $8,430.82
UNKNW 101 3.00 25000.00 1/26/06
NJ 2579830 90.00 1/26/96
07661 24
11.5%
WEST WINDSOR NJ 120 $32,215.12
UNKNW 99 1.75 40000.00 11/22/05
NJ 2579831 75.00 11/22/95
08520 40
10.25%
DETROIT MI 120 $9,977.80
UNKNW 99 2.75 10000.00 11/22/05
MI 2579832 90.00 11/22/95
48219 24
11.25%
UNION MO 120 $9,532.61
UNKNW 100 3.00 13200.00 12/1/05
MO 2579833 90.00 12/1/95
63084 42
11.5%
UTICA MI 120 $27,687.80
UNKNW 99 1.50 74000.00 11/30/05
MI 2579834 80.00 11/30/95
48315 36
10.%
ORLAND PARK IL 120 $24,378.51
UNKNW 99 2.00 25000.00 11/30/05
MI 2579835 25.00 11/30/95
60462 44
10.5%
HAVERHIL MA 120 $15,210.16
UNKNW 98 4.00 19000.00 10/17/05
MA 2579836 100.00 10/17/95
01832 37
12.5%
LAKEWOOD CO. 120 $86,745.21
UNKNW 98 1.50 100000.00 10/16/05
CO 2579837 76.00 10/16/95
80235 38
10.%
PARK RIDGE NJ 120 $23,575.46
UNKNW 98 2.00 25000.00 10/16/05
NJ 2579838 53.00 10/16/95
07656 46
10.5%
SOUTHGAT MI 120 $22,256.05
UNKNW 98 1.75 23400.00 10/27/05
MI 2579839 80.00 10/27/95
48195 41
10.25%
MILTON WI
UNKNW 120 2.25 $48,200.15
WI 2579840 90.00 98 50700.00 10/23/95
53563 44 12:00 AM
10.75%
YARDLEY PA 120 $18,431.75
UNKNW 98 3.00 25000.00 10/25/05
PA 2579841 81.00 10/25/95
19067 37
11.5%
SOUTH LYON MI 120 $7,876.01
UNKNW 99 1.75 49000.00 11/16/05
MI 2579842 75.00 11/16/95
48178 23
10.25%
OAK CREEK CO 120 $35,841.79
UNKNW 98 1.75 43000.00 10/31/05
CO 2579843 75.00 10/31/95
80467 27
10.25%
WADING RIVER NY 120 $12,619.45
UNKNW 99 2.00 28700.00 11/9/05
NY 2579844 75.00 11/9/95
11792 34
10.5%
PLEASANT CA 120 $19,770.74
UNKNW 99 3.00 20000.00 11/8/05
CA 2579845 86.00 11/8/95
94588 34
11.5%
GREENWOO LAKE NY 120 $9,116.98
UNKNW 99 3.00 15900.00 11/7/05
NY 2579846 90.00 11/7/95
10925 28
11.5%
HOLBROOK NY 120 $30,000.00
UNKNW 99 2.75 30000.00 11/8/05
NY 2579847 88.00 11/8/95
11741 42
11.25%
TEANECK NJ 120 $20,957.81
UNKNW 99 3.00 27300.00 11/10/05
NJ 2579848 90.00 11/10/95
07666 36
11.5%
SAN JOSE CA 120 $4,368.91
UNKNW 97 3.00 25000.00 9/21/05
CA 2579849 26.00 9/21/95
95125 65
11.5%
N. BERWICK ME 120 $5,853.20
UNKNW 97 2.00 10000.00 9/28/05
ME 2579850 70.00 9/28/95
03906 40
10.5%
MACOMB TOWNSHIP MI
UNKNW 120 1.75 $6,630.66
MI 2579851 80.00 97 21600.00 9/26/95
48044 32 12:00 AM
10.25%
JANESVIL WI 120 $21,620.06
UNKNW 97 2.75 20400.00 9/21/05
WI 2579852 90.00 9/21/95
53545 29
11.25%
WATERLOO IA 120 $38,363.09
UNKNW 98 1.50 38400.00 10/17/05
IA 2579853 80.00 10/17/95
50701 37
10.%
HOWARD CITY MI 120 $17,032.00
UNKNW 97 1.75 17200.00 9/25/05
MI 2579854 75.00 9/25/95
49349 42
10.25%
SHELBY TOWNSHIP MI 120 $41,954.71
UNKNW 98 1.75 60000.00 10/6/05
MI 2579855 51.00 10/6/95
48315 43
10.25%
ALLENTOW PA 120 $9,688.72
UNKNW 98 4.00 10000.00 10/5/05
PA 2579856 98.00 10/5/95
18103 38
12.5%
DAVISBUR MI 120 $28,671.60
UNKNW 98 1.50 35000.00 10/20/05
MI 2579857 62.00 10/20/95
48350 36
10.%
CANTON MI 120 $28,599.76
UNKNW 98 2.75 28600.00 10/6/05
MI 2579858 84.00 10/6/95
48187 34
11.25%
CHESTER VA 120 $31,766.60
UNKNW 98 1.25 183500.00 10/11/05
VA 2579859 80.00 10/11/95
23832 39
9.75%
COCONUT CREEK FL 120 $13,299.80
UNKNW 98 3.00 13400.00 10/26/05
FL 2579860 90.00 10/26/95
33073 29
11.5%
ROCHESTE MI 120 $24,557.08
UNKNW 98 2.00 25000.00 10/18/05
MI 2579861 26.00 10/18/95
48306 34
10.5%
PALMETTO FL
UNKNW 120 3.00 $15,477.84
FL 2579862 90.00 99 15800.00 11/13/95
34221 36 12:00 AM
11.5%
OAKTON VA 120 $35,899.05
UNKNW 97 1.25 40000.00 9/19/05
VA 2579863 80.00 9/19/95
22124 20
9.75%
WERNERSV PA 120 $20,947.41
UNKNW 98 3.00 25000.00 10/13/05
PA 2579864 88.00 10/13/95
19565 40
11.5%
CORPUS CRISTI TX 120 $23,782.84
UNKNW 97 2.00 25000.00 9/25/05
AZ 2579865 88.00 9/25/95
78412 29
10.5%
KNIGHTDA NC 120 $7,235.24
UNKNW 98 2.75 25000.00 10/11/05
NC 2579866 82.00 10/11/95
27545 38
11.25%
FLINT MI 120 $10,190.84
Flint 99 4.00 10300.00 11/15/05
MI 2579867 100.00 11/15/95
48507 33
12.5%
POTTSTOW PA 120 $13,301.25
UNKNW 98 2.00 29000.00 10/4/05
PA 2579868 80.00 10/4/95
19465 39
10.5%
PAW PAW MI 120 $11,482.42
UNKNW 98 1.75 23600.00 10/2/05
MI 2579869 90.00 10/2/95
49079 25
10.25%
LAKE MARY FL 120 $25,563.45
UNKNW 98 4.00 27600.00 10/18/05
FL 2579870 100.00 10/18/95
32746 26
12.5%
HOLT MI 120 $34,668.35
UNKNW 98 4.00 35000.00 10/11/05
MI 2579871 96.00 10/11/95
48842 37
12.5%
GREENWIC CT 120 $20,346.75
UNKNW 97 2.00 60000.00 9/18/05
CT 2579872 25.00 9/18/95
06831 41
10.5%
DALLAS OR
UNKNW 120 3.00 $24,283.91
OR 2579873 44.00 97 25000.00 9/19/95
97338 40 12:00 AM
11.5%
MURRIETA CA 120 $20,477.91
UNKNW 97 2.00 60000.00 9/20/05
CA 2579874 41.00 9/20/95
92562 37
10.5%
TOLEDO OH 120 $9,057.39
UNKNW 97 4.00 11100.00 9/29/05
OH 2579875 100.00 9/29/95
43605 30
12.5%
SAN JOSE CA 120 $1,709.17
UNKNW 98 4.00 17000.00 10/28/05
CA 2579876 100.00 10/28/95
95111 17
12.5%
STEGER IL 120 $13,956.09
UNKNW 96 3.00 16900.00 8/25/05
IL 2579877 90.00 8/25/95
60475 37
11.5%
KUTZTOWN PA 120 $4,109.15
UNKNW 98 2.00 15400.00 10/9/05
PA 2579878 80.00 10/9/95
19530 16
10.5%
BURLINGT VT 120 $4,357.79
UNKNW 97 2.00 18000.00 9/25/05
VT 2579879 80.00 9/25/95
05401 31
10.5%
WEBSTER NY 120 $23,645.41
UNKNW 97 2.75 25000.00 9/29/05
NY 2579880 89.00 9/29/95
14580 37
11.25%
CINCINNA OH 120 $33,373.21
UNKNW 99 1.75 39700.00 11/2/05
OH 2579881 80.00 11/2/95
45247 38
10.25%
CIRCLE PINES MN 120 $28,867.32
UNKNW 99 1.75 30000.00 11/1/05
MN 2579882 79.00 11/1/95
55014 31
10.25%
ENGLEWOO CO 120 $11,899.53
UNKNW 99 2.00 60000.00 11/18/05
CO 2579883 79.00 11/18/95
80110 23
10.5%
FAIRPLAY CO
UNKNW 120 1.75 $34,697.00
CO 2579884 54.00 98 45000.00 10/6/95
80440 38 12:00 AM
10.25%
FRESNO CA 120 $11,785.08
UNKNW 96 3.00 31400.00 8/31/05
CA 2579885 84.00 8/31/95
93720 34
11.5%
FAIRLAWN NJ 120 $18,420.99
UNKNW 98 2.00 28900.00 10/18/05
NJ 2579886 80.00 10/18/95
07410 39
10.5%
GOSHEN NY 120 $49,117.85
UNKNW 97 1.75 50000.00 9/29/05
NY 2579887 44.00 9/29/95
10924 40
10.25%
LEXINGTO MA 120 $235,034.80
UNKNW 97 1.50 245300.00 9/6/05
MA 2579888 75.00 9/6/95
02173 33
10.%
YORKVILL IL 120 $21,361.44
UNKNW 96 1.50 25000.00 8/28/05
IL 2579889 69.00 8/28/95
60560 0
10.%
ROCHESTE HILLS MI 120 $10,500.00
UNKNW 97 1.75 100000.00 9/14/05
MI 2579890 52.00 9/14/95
48306 21
10.25%
CHALFONT PA 120 $36,372.26
UNKNW 97 1.75 41700.00 9/8/05
PA 2579891 90.00 9/8/95
18914 34
10.25%
SAINT ALBANS VT 120 $3,916.65
UNKNW 97 1.75 50000.00 9/21/05
VT 2579892 70.00 9/21/95
05478 19
10.25%
WATERPOR NY 120 $43,972.24
UNKNW 96 1.75 44000.00 8/28/05
NY 2579893 80.00 8/28/95
14571 22
10.25%
DEARBORN MI 120 $25,575.39
UNKNW 97 2.00 25800.00 9/8/05
MI 2579894 80.00 9/8/95
48126 36
10.5%
BOCA RATON FL
UNKNW 120 2.00 $12,240.48
FL 2579895 72.00 98 30000.00 10/23/95
33433 25 12:00 AM
10.5%
VENICE FL 120 $14,048.58
UNKNW 98 4.00 16000.00 10/3/05
FL 2579896 100.00 10/3/95
34293 36
12.5%
GILFORD NH 120 $2,841.07
UNKNW 96 1.75 55500.00 8/31/05
NH 2579897 80.00 8/31/95
03246 25
10.25%
THOUSAND OAKS CA 120 $56,607.55
UNKNW 97 1.00 56900.00 9/19/05
CA 2579898 75.00 9/19/95
91360 34
9.5%
HOLLISTO MA 120 $31,729.62
UNKNW 97 4.00 33200.00 9/27/05
MA 2579899 100.00 9/27/95
01746 28
12.5%
INDIANAP IN 120 $11,571.64
UNKNW 98 2.00 30000.00 10/3/05
IN 2579900 72.00 10/3/95
46205 26
10.5%
PENFIELD NY 120 $22,672.29
UNKNW 95 2.50 28000.00 7/31/05
NY 2579901 90.00 7/31/95
14526 28
11.%
FLUSHING MI 120 $3,763.09
UNKNW 96 1.75 27000.00 8/23/05
MI 2579902 90.00 8/23/95
48433 26
10.25%
WARREN OH 120 $46,815.91
UNKNW 97 1.75 76700.00 9/16/05
OH 2579903 80.00 9/16/95
44484 22
10.25%
ALLENTOW PA 120 $7,979.62
UNKNW 95 2.00 38000.00 7/31/05
PA 2579904 80.00 7/31/95
18104 32
10.5%
SANDY HOOK CT 120 $7,218.92
UNKNW 96 2.00 38900.00 8/28/05
CT 2579905 81.00 8/28/95
06482 30
10.5%
STOCKBRI MI
UNKNW 120 2.00 $18,080.07
MI 2579906 28.00 96 25000.00 8/31/95
49285 43 12:00 AM
10.5%
NORTH WALES PA 120 $30,235.75
UNKNW 96 2.75 31000.00 8/4/05
PA 2579907 90.00 8/4/95
19454 40
11.25%
P.O. BOX 482 120 $529.63
SWEETSER, 96 1.75 70000.00 8/9/05
IN 2579908 80.00 8/9/95
46987 24
10.25%
SAN DIEGO CA 120 $26,942.56
UNKNW 96 1.75 67000.00 8/4/05
CA 2579909 80.00 8/4/95
92121 30
10.25%
JESUP IA 120 $35,962.85
UNKNW 96 1.50 36000.00 8/11/05
IA 2579910 80.00 8/11/95
50648 37
10.%
NIAGRA FALLS, NY 120 $7,959.03
UNKNW 96 1.75 72600.00 8/7/05
NY 2579911 75.00 8/7/95
14304 31
10.25%
ST LOUIS MO 120 $23,697.19
UNKNW 97 2.00 25000.00 9/9/05
MO 2579912 70.00 9/9/95
63116 30
10.5%
YOUNGSTO NY 120 $53,689.83
UNKNW 96 1.25 54800.00 8/28/05
NY 2579913 80.00 8/28/95
14174 31
9.75%
DEWEY OK 120 $5,761.58
UNKNW 96 4.00 15600.00 8/30/05
OK 2579914 100.00 8/30/95
74029 34
12.5%
DENVER CO 120 $4,671.16
UNKNW 96 3.00 26200.00 8/9/05
CO 2579915 85.00 8/9/95
80218 37
11.5%
LYNBROOK NY 120 $16,812.20
UNKNW 96 3.00 17000.00 8/2/05
NY 2579916 90.00 8/2/95
11563 35
11.5%
ROCKVILL CENTER NY
UNKNW 120 1.75 $40,460.46
NY 2579917 65.00 95 100000.00 7/18/95
11570 42 12:00 AM
10.25%
FRANKTON IN 120 $51,528.91
UNKNW 98 1.25 51600.00 10/13/05
IN 2579918 80.00 10/13/95
46044 33
9.75%
CHEHALIS WA 120 $24,739.66
UNKNW 97 4.00 25000.00 9/12/05
WA 2579919 70.00 9/12/95
98532 37
9.22%
WESTLAND MI 120 $20,000.00
UNKNW 97 1.75 25000.00 9/11/05
MI 2579920 65.00 9/11/95
48185 28
10.25%
CLARKSTO MI 120 $8,781.95
UNKNW 96 2.00 65000.00 8/18/05
MI 2579921 55.00 8/18/95
48348 21
10.5%
STERLING HEIGHTS MI 120 $11,824.92
UNKNW 95 2.75 15300.00 7/26/05
MI 2579922 90.00 7/26/95
48310 24
11.25%
NEW BOSTON MI 120 $24,464.23
UNKNW 96 2.75 25000.00 8/10/05
MI 2579923 90.00 8/10/95
48164 26
11.25%
PLEASANT NY 120 $17,350.82
UNKNW 97 2.00 50000.00 9/22/05
NY 2579924 36.00 9/22/95
10570 37
10.5%
ROCHESTE HILLS MI 120 $24,835.24
UNKNW 95 1.50 32000.00 7/31/05
MI 2579925 80.00 7/31/95
48306 33
10.%
FORT LAUDERDALE FL 120 $48,500.00
UNKNW 96 1.75 50000.00 8/10/05
FL 2579926 67.00 8/10/95
33301 29
10.25%
GREENWIC RI 120 $3,237.68
UNKNW 95 2.00 60000.00 7/31/05
RI 2579927 80.00 7/31/95
02818 43
10.5%
PEABODY MA
UNKNW 120 2.00 $2,929.18
MA 2579928 80.00 96 22500.00 8/24/95
01960 18 12:00 AM
10.5%
ELK RIVER MN 120 $9,921.93
UNKNW 96 2.00 10000.00 8/23/05
MN 2579929 83.00 8/23/95
55330 41
10.5%
LAINGSBU MI 120 $24,213.35
UNKNW 97 3.00 24500.00 9/8/05
MI 2579930 100.00 9/8/95
48848 32
11.5%
MADERA CA 120 $37,497.95
UNKNW 97 1.75 38000.00 9/7/05
CA 2579931 90.00 9/7/95
93638 37
10.25%
WOODMERE NY 180 $24,758.68
UNKNW 155 2.00 25000.00 7/19/10
NY 2579932 72.00 7/19/95
11598 40
10.5%
EDEN PRAIRIE, MN 120 $25,341.48
UNKNW 95 1.25 27600.00 7/7/05
MN 2579933 90.00 7/7/95
55344 39
9.75%
WHITMORE LAKE MI 120 $18,364.64
UNKNW 96 1.50 18700.00 8/23/05
MI 2579934 90.00 8/23/95
48189 15
10.%
REDWOOD CITY CA 120 $20,129.98
UNKNW 96 2.00 58700.00 8/19/05
CA 2579935 67.00 8/19/95
94063 25
10.5%
GRAND ISLAND NY 120 $28,185.59
UNKNW 96 1.50 45000.00 8/4/05
NY 2579936 72.00 8/4/95
14072 29
10.%
DICKINSO ND 120 $28,207.68
UNKNW 97 1.75 38800.00 9/11/05
ND 2579937 80.00 9/11/95
58601 22
10.25%
PORTLAND OR 120 $14,322.00
UNKNW 95 3.00 14500.00 7/14/05
OR 2579938 88.00 7/14/95
97202 43
11.5%
NEW CASTLE DE
UNKNW 120 4.00 $12,825.86
DE 2579939 100.00 97 13300.00 9/19/95
19720 28 12:00 AM
12.5%
CARMEL IN 120 $4,475.42
UNKNW 95 2.00 23600.00 7/29/05
IN 2579940 80.00 7/29/95
46033 26
10.5%
ST CHARLES MO 120 $24,500.00
UNKNW 97 3.00 25000.00 9/13/05
MO 2579941 87.00 9/13/95
63303 19
11.5%
BOHEMIA NY 120 $7,081.15
UNKNW 97 3.00 38600.00 9/7/05
NY 2579942 90.00 9/7/95
11716 31
11.5%
GROSSE POINT WOODS MI 120 $50,481.97
UNKNW 96 1.25 50800.00 8/8/05
MI 2579943 80.00 8/8/95
48236 20
9.75%
ROYAL OAK MI 120 $22,129.02
UNKNW 97 2.75 39800.00 9/13/05
MI 2579944 90.00 9/13/95
48073 23
11.25%
GREER SC 120 $11,739.10
UNKNW 96 2.00 29300.00 8/11/05
SC 2579945 80.00 8/11/95
29650 29
10.5%
BETHLEHE PA 120 $28,066.94
UNKNW 96 1.75 30200.00 8/15/05
PA 2579946 80.00 8/15/95
18015 18
10.25%
ALPHAREI GA 120 $120,461.27
UNKNW 97 1.50 125000.00 9/7/05
GA 2579947 67.00 9/7/95
30202 31
10.%
DOVER, NH 120 $3,715.99
UNKNW 94 2.00 29400.00 6/30/05
NH 2579948 80.00 6/30/95
03820 26
10.5%
TROY MI 120 $34,464.75
UNKNW 96 1.50 44700.00 8/16/05
MI 2579949 80.00 8/16/95
48098 26
10.%
LOOMIS CA
UNKNW 120 2.00 $19,000.00
CA 2579950 90.00 96 25000.00 8/24/95
95650 38 12:00 AM
10.5%
NORTH TONAWANDA NY 120 $19,431.08
UNKNW 97 2.00 20000.00 9/11/05
NY 2579951 90.00 9/11/95
14120 40
10.5%
HOLLIS, NH 120 $18,293.87
UNKNW 94 2.00 19200.00 6/30/05
NH 2579952 80.00 6/30/95
03033 31
10.5%
NOVI MI 120 $8,929.99
UNKNW 95 1.75 16000.00 7/17/05
MI 2579953 75.00 7/17/95
48375 37
10.25%
ANCHORAG AK 120 $35,864.76
UNKNW 96 1.75 53900.00 8/21/05
AK 2579954 80.00 8/21/95
99511 25
10.25%
MIAMI FL 120 $33,998.13
UNKNW 95 3.00 35000.00 7/12/05
FL 2579955 100.00 7/12/95
33185 36
11.5%
LYNBROOK NY 120 $4,047.93
UNKNW 96 3.00 25000.00 8/24/05
NY 2579956 89.00 8/24/95
11563 16
11.5%
SIERRA VISTA, AZ 120 $56,600.00
UNKNW 95 1.50 80000.00 7/7/05
AZ 2579957 66.00 7/7/95
85635 50
10.%
ELIZABET NJ 120 $22,756.92
UNKNW 96 2.00 31100.00 8/16/05
NJ 2579958 100.00 8/16/95
07202 35
10.5%
BILLERIC MA 120 $25,703.90
UNKNW 96 1.75 30000.00 8/24/05
MA 2579959 77.00 8/24/95
01821 34
10.25%
MUSCLE SHOALS AL 120 $27,256.74
UNKNW 96 4.00 27600.00 8/2/05
AL 2579960 100.00 8/2/95
35661 23
12.5%
BALTIMOR MD
UNKNW 120 2.00 $20,821.66
MD 2579961 80.00 96 34400.00 8/15/95
21216 19 12:00 AM
10.5%
ANDERSON IN 120 $60,107.07
UNKNW 94 1.25 60000.00 6/22/05
IN 2579962 55.00 6/22/95
46012 43
9.75%
NEW CASTLE IN 120 $46,923.21
UNKNW 95 1.50 48600.00 7/20/05
IN 2579963 80.00 7/20/95
47362 13
10.%
ST. PAUL MN 120 $18,535.06
UNKNW 96 2.00 36800.00 8/22/05
MN 2579964 80.00 8/22/95
55116 13
10.5%
DANVILLE CA 120 $4,625.19
UNKNW 94 1.75 86600.00 6/28/05
CA 2579965 80.00 6/28/95
94506 49
10.25%
MANCHEST MO 120 $24,948.90
UNKNW 96 2.00 90600.00 8/14/05
MO 2579966 80.00 8/14/95
63021 37
10.5%
COLORADO SPRINGS CO 120 $34,998.25
UNKNW 96 1.75 35000.00 8/4/05
CO 2579967 45.00 8/4/95
80911 40
10.25%
VIRGINIA MN 120 $25,368.92
UNKNW 95 1.75 25600.00 7/21/05
MN 2579968 80.00 7/21/95
55792 24
10.25%
MELBOURN FL 120 $10,974.67
UNKNW 95 1.75 11200.00 7/31/05
FL 2579969 80.00 7/31/95
32935 43
10.25%
LA MIRADA CA 120 $15,463.02
UNKNW 96 4.00 16900.00 8/11/05
CA 2579970 100.00 8/11/95
90638 35
12.5%
BERKELEY CA 120 $21,728.41
UNKNW 97 4.00 25100.00 9/11/05
AZ 2579971 100.00 9/11/95
94708 28
12.5%
ARNOLD CA
UNKNW 120 2.00 $23,759.87
CA 2579972 80.00 95 25200.00 7/31/95
95223 21 12:00 AM
10.5%
MARIETTA GA 120 $23,736.01
UNKNW 95 2.00 28300.00 7/30/05
GA 2579973 80.00 7/30/95
30066 18
10.5%
EDMOND OK 120 $43,142.69
UNKNW 95 1.25 100000.00 7/21/05
OK 2579974 74.00 7/21/95
73034 0
9.75%
BATON ROUGE LA 120 $2,409.50
UNKNW 95 1.75 86400.00 7/18/05
LA 2579975 80.00 7/18/95
70806 29
10.25%
CARLSBAD CA 120 $6,895.16
UNKNW 95 2.00 25000.00 7/31/05
CA 2579976 64.00 7/31/95
92008 32
10.5%
DIMONDAL MI 120 $6,000.00
UNKNW 95 2.00 29500.00 7/7/05
MI 2579977 80.00 7/7/95
48821 27
10.5%
YPSILANT MI 120 $4,729.19
UNKNW 97 1.75 50000.00 9/11/05
MI 2579978 65.00 9/11/95
48197 26
10.25%
SPRINGBO OH 120 $6,300.87
UNKNW 96 2.00 50000.00 8/7/05
OH 2579979 73.00 8/7/95
45066 23
10.5%
SANTA CLARITA CA 120 $29,838.48
UNKNW 97 1.75 34800.00 9/8/05
CA 2579980 100.00 9/8/95
91351 34
10.25%
LAS VEAGS NV 120 $9,920.00
UNKNW 98 3.00 10000.00 10/2/05
NV 2579981 90.00 10/2/95
89123 35
11.5%
NORTHBRO IL 120 $10,434.96
UNKNW 95 3.00 50000.00 7/30/05
IL 2579982 90.00 7/30/95
60062 37
11.5%
LOCKPORT NY
UNKNW 120 2.75 $11,505.82
NY 2579983 90.00 96 12000.00 8/8/95
14094 30 12:00 AM
11.25%
FORDS NJ 120 $60,184.47
UNKNW 96 2.00 140000.00 8/22/05
NJ 2579984 80.00 8/22/95
08863 33
10.5%
FREEPORT ME 120 $35,610.67
UNKNW 97 2.75 42400.00 9/22/05
ME 2579985 89.00 9/22/95
04032 33
11.25%
OAKLAND NJ 120 $25,744.57
UNKNW 95 1.75 50000.00 7/20/05
NJ 2579986 80.00 7/20/95
07436 35
10.25%
WATERFOR MI 120 $24,735.67
UNKNW 95 3.00 25000.00 7/24/05
MI 2579987 88.00 7/24/95
48328 36
11.5%
ST CLOUD MN 120 $20,158.87
UNKNW 97 2.00 25100.00 9/8/05
MN 2579988 80.00 9/8/95
56303 29
10.5%
SAN MATEO CA 120 $35,461.37
UNKNW 95 1.75 40000.00 7/15/05
CA 2579989 88.00 7/15/95
94402 39
10.25%
LAKE OSWEGO OR 120 $26,656.02
UNKNW 95 1.75 38000.00 7/13/05
OR 2579990 80.00 7/13/95
97035 39
10.25%
GROSSE PTE PARK MI 120 $35,681.24
UNKNW 96 1.75 48300.00 8/4/05
MI 2579991 80.00 8/4/95
48230 28
10.25%
VENTURA CA 120 $5,444.34
UNKNW 95 2.00 24300.00 7/17/05
CA 2579992 90.00 7/17/95
93004 23
10.5%
EMMAUS PA 120 $14,000.00
UNKNW 95 3.00 14000.00 7/18/05
PA 2579993 90.00 7/18/95
18049 36
11.5%
SAN BARTON NH
UNKNW 120 2.00 $9,109.46
NH 2579994 90.00 97 19000.00 9/1/95
03269 28 12:00 AM
10.5%
HAYWARD, CA. 120 $24,649.11
UNKNW 94 2.00 25000.00 6/10/05
CA 2579995 78.00 6/10/95
94542 39
10.5%
SANDUSKY OH 120 $21,074.17
UNKNW 94 4.00 21100.00 6/17/05
OH 2579996 100.00 6/17/95
44870 28
12.5%
BLOOMING MN 120 $30,924.51
UNKNW 94 1.75 65000.00 6/21/05
MN 2579997 55.00 6/21/95
55438 18
10.25%
CLAREMOU CA 120 $11,572.80
UNKNW 95 2.00 11600.00 7/19/05
CA 2579998 90.00 7/19/95
91711 43
10.5%
HENDERSO NEVADA 120 $31,858.93
UNKNW 94 4.00 31900.00 6/22/05
NV 2579999 100.00 6/22/95
89014 27
12.5%
BURLINGA CA 120 $15,310.72
UNKNW 96 2.00 26600.00 8/28/05
CA 2580000 80.00 8/28/95
94010 33
10.5%
IRVINE CA 120 $12,266.90
UNKNW 96 3.00 13300.00 8/10/05
CA 2580001 90.00 8/10/95
92715 27
11.5%
HILLSDAL NJ 120 $22,603.03
UNKNW 96 2.00 25000.00 8/30/05
NJ 2580002 66.00 8/30/95
07642 40
10.5%
ONTARIO CA 120 $21,316.58
UNKNW 96 4.00 22400.00 8/30/05
CA 2580003 100.00 8/30/95
91761 33
12.5%
MACOMB MI 120 $10,660.24
UNKNW 95 1.75 29900.00 7/15/05
MI 2580004 80.00 7/15/95
48044 31
10.25%
LENEXA KS
UNKNW 120 1.75 $38,420.67
KS 2580005 62.00 96 40000.00 8/16/95
66220 35 12:00 AM
10.25%
PHILA PA 120 $35,383.00
UNKNW 97 1.75 37700.00 9/9/05
PA 2580006 80.00 9/9/95
19138 41
10.25%
WHITESBO NY 120 $27,837.45
UNKNW 95 1.75 28000.00 7/19/05
NY 2580007 80.00 7/19/95
13492 32
10.25%
CLIO, MI 120 $29,505.03
UNKNW 97 1.50 30000.00 9/12/05
MI 2580008 47.00 9/12/95
48420 41
10.%
ST. LOUIS, MO 120 $24,870.56
UNKNW 94 2.00 25000.00 6/6/05
MO 2580009 80.00 6/6/95
63139 24
10.5%
GRAND RAPIDS, MI 120 $16,036.60
UNKNW 94 2.00 25000.00 6/6/05
MI 2580010 61.00 6/6/95
49546 45
10.5%
NOKOMIS, FL. 120 $5,041.60
UNKNW 94 2.00 75000.00 6/2/05
FL 2580011 31.00 6/2/95
34274 30
10.5%
NOVI, MI. 180 $6,323.44
UNKNW 154 2.00 30700.00 6/9/10
MI 2580012 80.00 6/9/95
48374 31
10.5%
ROCHESTE N.Y. 120 $49,666.52
UNKNW 94 1.50 50000.00 6/9/05
NY 2580013 80.00 6/9/95
14622 35
10.%
SPRING LAKE, N.J. 180 $52,951.77
UNKNW 152 1.50 120000.00 4/25/10
NJ 2580014 56.00 4/25/95
07762 37
10.%
KENNER, LA. 120 $46,401.93
UNKNW 94 1.75 60700.00 6/7/05
LA 2580015 80.00 6/7/95
70065 35
10.25%
ST CLAIR SHORES, MI.
UNKNW 120 2.75 $17,074.20
MI 2580016 90.00 94 16600.00 6/6/95
48082 15 12:00 AM
11.25%
RANDOLPH MN 120 $9,217.89
UNKNW 94 3.00 10000.00 6/9/05
MN 2580017 90.00 6/9/95
55065 29
11.5%
O'FALLON MO. 180 $22,195.52
UNKNW 154 2.00 25000.00 6/8/10
MO 2580018 68.00 6/8/95
63366 49
10.5%
STEAMBOA SPRINGS, CO 120 $22,701.94
UNKNW 94 2.00 43800.00 6/16/05
CO 2580019 70.00 6/16/95
80488 33
10.5%
TRENTON, N.J. 120 $3,100.00
UNKNW 94 2.00 57500.00 6/8/05
NJ 2580020 80.00 6/8/95
08610 28
10.5%
FAIRFAX, VA. 120 $18,550.00
UNKNW 93 2.00 36300.00 5/27/05
VA 2580021 80.00 5/27/95
22030 25
10.5%
ADAIR, OK 180 $39,243.33
UNKNW 153 1.75 48200.00 5/17/10
OK 2580022 80.00 5/17/95
74330 30
10.25%
OTTAWA, OH 120 $13,098.19
UNKNW 93 4.00 13100.00 5/15/05
OH 2580023 100.00 5/15/95
45875 27
12.5%
BARTLESV OK 180 $9,995.09
UNKNW 153 2.00 10000.00 5/19/10
OK 2580024 78.00 5/19/95
74003 37
10.5%
GOLETA, CA 120 $199.80
UNKNW 93 1.50 29000.00 5/23/05
CA 2580025 80.00 5/23/95
93117 25
10.%
NORTHBRO IL 120 $35,993.47
UNKNW 93 2.75 37000.00 5/22/05
IL 2580026 90.00 5/22/95
60062 29
11.25%
OCEANSID CA
UNKNW 120 4.00 $28,886.10
CA 2580027 100.00 93 29000.00 5/23/95
92057 29 12:00 AM
12.5%
RALEIGH, NC 120 $16,635.81
UNKNW 93 3.00 18600.00 5/15/05
NC 2580028 90.00 5/15/95
27606 34
11.5%
TRENTON, NJ 120 $22,908.15
UNKNW 93 4.00 23000.00 5/30/05
MI 2580029 100.00 5/30/95
48183 0
12.5%
GRAND RAPIDS, MI 120 $622.54
UNKNW 93 2.75 14400.00 5/22/05
MI 2580030 90.00 5/22/95
49504 23
11.25%
HOWARD, OH 120 $13,959.60
UNKNW 94 2.00 14700.00 6/1/05
OH 2580031 90.00 6/1/95
43028 44
10.5%
CHINO HILLS, CA 120 $23,980.01
UNKNW 94 3.00 24700.00 6/2/05
CA 2580032 90.00 6/2/95
91709 32
11.5%
1811 N.E. 146TH STREET 120 $19,993.45
NORTH MIAMI, 94 4.00 20000.00 6/1/05
FL 2580033 100.00 6/1/95
33181 16
12.5%
PONTE VERDE BEACH, FL 120 $23,547.64
UNKNW 94 2.00 50000.00 6/7/05
FL 2580034 74.00 6/7/95
32082 36
10.5%
EDINA, MN 120 $23,400.00
UNKNW 93 2.50 23400.00 5/1/05
MN 2580035 90.00 5/1/95
55435 40
11.%
HAGERSTO MD 120 $7,259.78
UNKNW 93 3.00 14800.00 5/3/05
MD 2580036 90.00 5/3/95
21742 24
11.5%
CAMARILL CA 120 $48,702.61
UNKNW 93 2.00 48900.00 5/9/05
CA 2580037 65.00 5/9/95
93012 64
10.5%
DENVER, CO
UNKNW 120 3.00 $18,291.75
CO 2580038 90.00 93 18300.00 5/10/95
80236 18 12:00 AM
11.5%
LATROBE, PA 180 $1,500.00
UNKNW 153 2.00 55400.00 5/11/10
PA 2580039 80.00 5/11/95
15650 29
10.5%
CORTLAND OH 180 $35,276.40
UNKNW 153 1.75 50000.00 5/5/10
OH 2580040 58.00 5/5/95
44410 49
10.25%
BLOOMFIE HILLS, MI 120 $40,934.77
UNKNW 93 2.00 57500.00 5/12/05
MI 2580041 75.00 5/12/95
48304 40
10.5%
TONAWAND NY 120 $14,194.25
UNKNW 93 2.75 15000.00 5/13/05
NY 2580042 82.00 5/13/95
14150 33
11.25%
CLINTON, CT 120 $90,000.00
UNKNW 93 1.50 90000.00 5/12/05
CT 2580043 45.00 5/12/95
06413 43
10.%
DRYDEN, MI 120 $22,363.78
UNKNW 93 4.00 35000.00 5/16/05
MI 2580044 99.00 5/16/95
48428 32
12.5%
UNION, NJ 120 $19,326.14
UNKNW 93 3.00 26000.00 5/8/05
NJ 2580045 90.00 5/8/95
07083 32
11.5%
DELMAR, NY 120 $28,051.57
UNKNW 93 3.00 28700.00 5/5/05
NY 2580046 90.00 5/5/95
12054 44
11.5%
BRANDYWI MD 120 $8,933.43
UNKNW 93 2.00 50000.00 5/10/05
MD 2580047 28.00 5/10/95
20613 7
10.5%
ORANGE PARK, FL 180 $36,893.89
UNKNW 153 1.75 37000.00 5/16/10
FL 2580048 80.00 5/16/95
32073 36
10.25%
LOS ANGELES, CA
UNKNW 120 2.75 $27,541.70
CA 2580049 90.00 92 30300.00 4/25/95
90008 43 12:00 AM
11.25%
WIXON, MI 180 $8,041.78
UNKNW 152 1.75 50000.00 4/23/10
MI 2580050 78.00 4/23/95
48393 24
10.25%
ALTADENA CA 120 $2,954.53
UNKNW 92 2.00 52600.00 4/20/05
CA 2580051 80.00 4/20/95
91001 21
10.5%
CLARKSTO MI 120 $12,810.15
UNKNW 92 2.75 19300.00 4/26/05
MI 2580052 90.00 4/26/95
48348 25
11.25%
ROCHESTE MI 180 $33,715.99
UNKNW 152 1.25 36600.00 4/19/10
MI 2580053 80.00 4/19/95
48306 0
9.75%
OPA LOCKA, FL 180 $29,304.24
UNKNW 152 1.75 29500.00 4/24/10
FL 2580054 80.00 4/24/95
33055 20
10.25%
CAMPHILL PA 120 $13,413.37
UNKNW 92 2.00 30000.00 4/28/05
PA 2580055 38.00 4/28/95
17001 45
10.5%
RICHMOND HILL, NY 120 $3,289.68
UNKNW 92 3.00 13100.00 4/19/05
NY 2580056 90.00 4/19/95
11419 35
11.5%
APTOS, CA 180 $38,262.74
UNKNW 152 1.75 70600.00 4/27/10
CA 2580057 75.00 4/27/95
95003 39
10.25%
COLUMBUS IN 120 $12,687.19
UNKNW 92 3.00 25000.00 4/28/05
IN 2580058 90.00 4/28/95
47021 27
11.5%
MOLALLA, OR 120 $26,849.95
UNKNW 93 1.50 27200.00 5/4/05
OR 2580059 80.00 5/4/95
97038 33
10.%
CHESTERF MI
UNKNW 180 2.00 $21,780.61
MI 2580060 69.00 153 33000.00 5/5/95
48051 33 12:00 AM
10.5%
MT MORRIS, MI 120 $4,656.71
UNKNW 93 2.75 10000.00 5/8/05
MI 2580061 90.00 5/8/95
48458 35
11.25%
MARLTON, NJ 120 $18,605.22
UNKNW 92 3.00 18800.00 4/6/05
NJ 2580062 90.00 4/6/95
08053 28
11.5%
FREEHOLD NJ 120 $6,800.00
UNKNW 92 2.00 30000.00 4/5/05
NJ 2580063 67.00 4/5/95
07728 45
10.5%
WEST BLOOMFIELD, MI 120 $6,383.73
UNKNW 92 2.00 48000.00 4/10/05
MI 2580064 80.00 4/10/95
48323 25
10.5%
GRAND RAPIDS, MI 120 $17,893.36
UNKNW 92 2.75 18100.00 4/5/05
MI 2580065 90.00 4/5/95
49504 40
11.25%
ROYALTON NY 120 $19,674.66
UNKNW 92 2.75 20000.00 4/10/05
NY 2580066 90.00 4/10/95
14067 25
11.25%
RANCHO PALOS VERDES, CA 120 $20,847.18
UNKNW 92 2.00 25000.00 4/14/05
CA 2580067 72.00 4/14/95
90275 45
10.5%
2850 MYRTLE DRIVE FORD 180 $104,639.45
************** 152 2.50 106500.00 4/13/10
PA 2580068 90.00 4/13/95
17055 21
11.%
PARLIN, NJ 120 $4,797.84
UNKNW 92 2.00 28100.00 4/14/05
NJ 2580069 90.00 4/14/95
08859 22
10.5%
DAYTON, OH 180 $44,968.71
UNKNW 152 2.50 47200.00 4/14/10
OH 2580070 90.00 4/14/95
45415 33
11.%
SCHENECT NY
UNKNW 180 2.00 $21,493.24
NY 2580071 80.00 152 20300.00 4/17/95
12303 38 12:00 AM
10.5%
ANNVILLE PA 120 $13,057.57
UNKNW 92 2.75 13500.00 4/22/05
PA 2580072 90.00 4/22/95
17003 33
11.25%
CANTON, MI 120 $9,481.74
UNKNW 92 1.75 12000.00 4/18/05
MI 2580073 90.00 4/18/95
48187 39
10.25%
DURAND MI 180 $58,354.71
UNKNW 152 1.25 65000.00 4/20/10
MI 2580074 65.00 4/20/95
48429 20
9.75%
KOKOMO, IN 120 $22,539.74
UNKNW 91 2.50 59000.00 3/17/05
IN 2580075 90.00 3/17/95
46902 47
11.%
WANTAGH, NY 180 $38,728.92
UNKNW 151 1.75 45000.00 3/16/10
NY 2580076 63.00 3/16/95
11793 35
10.25%
MAPLEWOO NJ 120 $25,000.00
UNKNW 91 3.00 25000.00 3/20/05
NJ 2580077 90.00 3/20/95
07040 26
11.5%
PLAINVIE NY 180 $13,748.58
UNKNW 151 2.00 15000.00 3/16/10
NY 2580078 79.00 3/16/95
11803 36
10.5%
ASPEN, CO 180 $120,542.83
UNKNW 151 1.50 400000.00 3/20/10
CO 2580079 52.00 3/20/95
81611 45
10.%
PELHAM MANOR, NY 180 $50,304.86
UNKNW 151 1.50 50000.00 3/20/10
NY 2580080 80.00 3/20/95
10803 19
10.%
KINGSTON MA 120 $25,058.39
UNKNW 91 2.75 25200.00 3/17/05
MA 2580081 85.00 3/17/95
02364 37
11.25%
RUSSIAVI IN
UNKNW 120 2.50 $25,000.28
IN 2580082 90.00 89 26900.00 1/23/95
46979 24 12:00 AM
11.%
FORT WASHINGTON, PA 120 $9,842.57
UNKNW 90 1.75 12400.00 2/28/05
PA 2580083 85.00 2/28/95
19034 37
10.25%
WHEATON, IL 180 $44,151.98
UNKNW 151 1.75 44600.00 3/24/10
IL 2580084 75.00 3/24/95
60187 47
10.25%
RIVER EDGE, NJ 180 $35,132.18
UNKNW 152 1.25 42000.00 4/3/10
NJ 2580085 80.00 4/3/95
07661 0
9.75%
JAMESBUR NJ 180 $35,000.00
UNKNW 152 1.75 90000.00 4/3/10
NJ 2580086 72.00 4/3/95
08831 40
10.25%
MIAMI, FL 180 $20,400.02
UNKNW 152 2.00 20500.00 4/4/10
FL 2580087 90.00 4/4/95
33183 37
10.5%
WILMINGT DE 180 $37,000.00
UNKNW 152 1.75 37000.00 4/7/10
DE 2580088 25.00 4/7/95
19810 37
10.25%
SPARKS, NV 120 $66,500.00
UNKNW 90 2.00 75000.00 2/17/05
NV 2580089 70.00 2/17/95
89434 20
10.5%
HOLLIS, NH 180 $2,178.98
UNKNW 150 2.00 38000.00 2/28/10
NH 2580090 75.00 2/28/95
03049 39
10.5%
BLOOMFIE HILLS, MI 180 $135,335.00
UNKNW 150 1.25 140000.00 2/22/10
MI 2580091 39.00 2/22/95
48304 28
9.75%
HERMITAG PA 180 $44,374.79
UNKNW 149 2.00 90000.00 1/26/10
PA 2580092 77.00 1/26/95
16148 17
10.5%
WEXFORD, PA
UNKNW 180 1.50 $6,894.95
PA 2580093 80.00 150 64000.00 2/25/95
15090 0 12:00 AM
10.%
MIAMI, FL 120 $29,390.89
UNKNW 91 2.00 34000.00 3/2/05
FL 2580094 80.00 3/2/95
33182 33
10.5%
FREMONT, CA 180 $53,000.00
UNKNW 150 1.25 100000.00 2/3/10
CA 2580095 30.00 2/3/95
94536 33
9.75%
ROCHESTE HILLS, MI 180 $11,690.94
UNKNW 151 1.75 76000.00 3/13/10
MI 2580096 80.00 3/13/95
48309 38
10.25%
PARAMUS, NJ 120 $52,169.67
UNKNW 91 1.50 53000.00 3/14/05
NJ 2580097 90.00 3/14/95
07652 26
10.%
GRAND RAPIDS, MI 120 $21,787.45
UNKNW 91 2.75 24000.00 3/13/05
MI 2580098 90.00 3/13/95
49505 36
11.25%
CHARLOTT NC 120 $22,458.53
UNKNW 91 2.00 22900.00 3/9/05
NC 2580099 80.00 3/9/95
27227 38
10.5%
CHASE CITY, VA 180 $15,085.28
UNKNW 151 2.00 45000.00 3/7/10
OH 2580100 56.00 3/7/95
23924 36
10.5%
N. CAPE MAY, NJ 120 $14,689.45
UNKNW 91 3.00 14600.00 3/10/05
NJ 2580101 90.00 3/10/95
08204 35
11.5%
RANCHO SANTA FE, CA 120 $39,000.00
UNKNW 89 2.00 45000.00 1/20/05
CA 2580102 66.00 1/20/95
92067 44
10.5%
FREEPORT IL 180 $76,233.67
UNKNW 149 1.50 91200.00 1/13/10
IL 2580103 80.00 1/13/95
61032 23
10.%
GRANDVIL MI
UNKNW 180 2.00 $7,581.00
MI 2580104 80.00 149 17200.00 1/27/95
49418 40 12:00 AM
10.5%
KEEGO HARBOR, MI 180 $24,930.14
UNKNW 150 2.00 25000.00 2/2/10
MI 2580105 45.00 2/2/95
48320 34
10.5%
HOLLY, MI 180 $146,933.77
UNKNW 149 1.25 150000.00 1/30/10
MI 2580106 49.00 1/30/95
48442 29
9.75%
ENGLISHT NJ 180 $117,128.76
UNKNW 150 2.00 134400.00 2/2/10
NJ 2580107 80.00 2/2/95
07726 39
10.5%
WATSONVI CA 180 $8,565.00
UNKNW 150 2.00 77450.00 2/9/10
CA 2580108 70.00 2/9/95
95077 43
10.5%
SEASIDE, CA 120 $12,200.00
UNKNW 90 3.00 12200.00 2/8/05
CA 2580109 90.00 2/8/95
93955 33
11.5%
MIAMI FL 180 $10,195.26
UNKNW 149 2.00 54800.00 1/26/10
FL 2580110 80.00 1/26/95
33165 22
10.5%
CUMMING, GA 180 $15,739.53
UNKNW 149 2.00 33200.00 1/10/10
GA 2580111 80.00 1/10/95
30130 24
10.5%
DEARBORN MI 180 $61,420.00
UNKNW 150 1.25 80000.00 2/15/10
MI 2580112 67.00 2/15/95
48127 35
9.75%
MILFORD, MA 180 $50,540.00
UNKNW 149 1.25 60000.00 1/24/10
MA 2580113 42.00 1/24/95
01757 41
9.75%
GREATNEC NY 180 $12,379.82
UNKNW 150 2.00 13000.00 2/15/10
NY 2580114 80.00 2/15/95
11020 34
10.5%
DOVER, NH
UNKNW 180 2.00 $324.21
NH 2580115 69.00 150 40000.00 2/17/95
03820 31 12:00 AM
10.5%
BIG BEAR LAKE, CA. 180 $21,726.12
UNKNW 149 2.00 25000.00 1/4/10
CA 2580116 37.00 1/4/95
92315 33
10.5%
DETROIT, MI. 180 $19,956.65
UNKNW 149 2.00 20000.00 1/4/10
MI 2580117 54.00 1/4/95
48221 45
10.5%
ANDERSON IN. 180 $52,902.81
UNKNW 149 1.25 58000.00 1/4/10
IN 2580118 80.00 1/4/95
46012 14
9.75%
CINCINNA OH. 180 $20,618.62
UNKNW 149 1.75 50000.00 1/5/10
OH 2580119 40.00 1/5/95
45240 38
10.25%
NEWTOWN SQUARE, PA. 180 $88,742.87
UNKNW 149 1.50 300000.00 1/6/10
PA 2580120 80.00 1/6/95
19073 27
10.%
WHITE LAKE, MI. 180 $20,000.00
UNKNW 149 1.75 40000.00 1/9/10
MI 2580121 49.00 1/9/95
48383 39
10.25%
SHILLING PA. 180 $49,949.61
UNKNW 149 1.75 50000.00 1/5/10
PA 2580122 69.00 1/5/95
19607 43
10.25%
SOO TOWNSHIP, MI. 180 $24,910.52
UNKNW 149 2.00 28000.00 1/5/10
MI 2580123 79.00 1/5/95
49783 38
10.5%
SHELBY, MI 180 $27,331.83
UNKNW 149 1.75 99950.00 1/17/10
MI 2580124 60.00 1/17/95
48315 31
10.25%
IRONS, MI. 180 $22,000.00
UNKNW 149 2.00 28400.00 1/14/10
MI 2580125 80.00 1/14/95
49644 24
10.5%
PAINESVI OH
UNKNW 180 1.50 $62,139.35
OH 2580126 56.00 149 70000.00 1/23/95
44077 44 12:00 AM
10.%
1817 WEST 107TH STREET 180 $39,497.10
CHICAGO, 149 1.50 40000.00 1/27/10
IL 2580127 61.00 1/27/95
60643 48
10.%
FLINT, MI 180 $16,856.00
UNKNW 149 1.50 25000.00 1/19/10
MI 2580128 33.00 1/19/95
48507 0
10.%
MINNETRI MN. 180 $49,277.77
UNKNW 148 1.75 75000.00 12/16/09
MN 2580129 62.00 12/16/94
55364 33
10.25%
JACKSONV FL. 180 $15,175.17
UNKNW 148 2.00 50000.00 12/27/09
FL 2580130 76.00 12/27/94
32246 43
10.5%
RICHMOND VA. 180 $40,000.00
UNKNW 148 1.75 100000.00 12/16/09
VA 2580131 69.00 12/16/94
23235 43
10.25%
DETROIT, MI. 180 $17,854.27
UNKNW 148 2.00 20000.00 12/19/09
MI 2580132 80.00 12/19/94
48209 27
10.5%
SEEKONK, MA. 120 $24,918.20
UNKNW 88 2.00 25000.00 12/21/04
MA 2580133 66.00 12/21/94
02771 40
10.5%
SCHENECT NY. 180 $34,887.08
UNKNW 148 1.75 35000.00 12/16/09
NY 2580134 40.00 12/16/94
12303 43
10.25%
ST PETERS MO 180 $57,008.46
UNKNW 148 1.25 67600.00 12/27/09
IN 2580135 65.00 12/27/94
63376 24
9.75%
BRIGHTON MI. 180 $24,650.16
UNKNW 148 1.50 25000.00 12/28/09
MI 2580136 80.00 12/28/94
48116 43
10.%
COLEBROO NH.
UNKNW 180 1.75 $49,894.66
NH 2580137 77.00 148 50000.00 12/30/94
03576 19 12:00 AM
10.25%
LIGHTHOU POINT, FL. 180 $24,696.88
UNKNW 148 2.00 25000.00 12/27/09
FL 2580138 78.00 12/27/94
33064 50
10.5%
SUITE 202 180 $29,630.53
MARQUETTE, MI 148 1.75 52000.00 12/28/09
MI 2580139 80.00 12/28/94
49855 20
10.25%
MIDDLEBU FL 180 $24,884.05
UNKNW 148 2.00 24900.00 12/29/09
FL 2580140 80.00 12/29/94
32068 27
10.5%
GASTON, OR. 120 $54,824.81
UNKNW 88 1.50 100000.00 12/29/04
OR 2580141 65.00 12/29/94
97119 40
10.%
PHILADEL PA. 120 $50,000.00
UNKNW 87 2.75 50000.00 11/15/04
PA 2580142 89.00 11/15/94
19118 35
11.25%
HOVLAND, MN 180 $24,785.27
UNKNW 147 2.00 25000.00 11/29/09
MN 2580143 72.00 11/29/94
55606 37
10.5%
MASSENA, NY. 180 $16,366.01
UNKNW 147 1.75 45000.00 11/29/09
NY 2580144 79.00 11/29/94
13662 40
10.25%
TEMPERAN MI. 180 $11,941.73
UNKNW 148 1.75 12000.00 12/5/09
MI 2580145 80.00 12/5/94
48182 33
10.25%
STEAMBOA SPRINGS, CO 180 $27,538.86
UNKNW 147 1.75 81000.00 11/18/09
CO 2580146 67.00 11/18/94
80477 34
10.25%
JACKSONV OR 120 $31,883.00
UNKNW 88 1.75 32000.00 12/1/04
OR 2580147 90.00 12/1/94
97530 34
10.25%
SPRAKERS NY.
UNKNW 180 1.75 $28,134.28
NY 2580148 80.00 148 32000.00 12/7/94
12116 35 12:00 AM
10.25%
OSCODA, MI. 180 $18,630.82
UNKNW 148 1.75 25000.00 12/8/09
MI 2580149 68.00 12/8/94
48750 43
10.25%
MADRAS OR 120 $59,970.15
UNKNW 88 1.50 60000.00 12/9/04
OR 2580150 80.00 12/9/94
97741 28
10.%
FAIRMOUN IN. 180 $31,116.19
UNKNW 147 1.75 31600.00 11/29/09
IN 2580151 80.00 11/29/94
46928 29
10.25%
WINCHEST IN 180 $31,393.44
UNKNW 148 1.50 34000.00 12/22/09
IN 2580152 80.00 12/22/94
47394 39
10.%
HOWELL, MI. 180 $36,160.44
UNKNW 148 1.50 36600.00 12/15/09
MI 2580153 80.00 12/15/94
48843 32
10.%
WEST BLOOMFIELD, MI. 180 $49,845.37
UNKNW 148 1.50 50000.00 12/14/09
MI 2580154 50.00 12/14/94
48323 34
10.%
CARBONDA CO 180 $17,292.18
UNKNW 147 2.00 25000.00 11/17/09
CO 2580155 53.00 11/17/94
81623 58
10.5%
LAUDERDA BY THE SEA, FL 180 $49,793.82
UNKNW 147 1.75 50000.00 11/14/09
FL 2580156 56.00 11/14/94
33308 42
10.25%
WOODBURY NY. 180 $188,565.78
UNKNW 147 1.50 190000.00 11/10/09
NY 2580157 75.00 11/10/94
11797 47
10.%
MONT CLARE PA 180 $46,399.20
UNKNW 147 1.75 48000.00 11/18/09
PA 2580158 80.00 11/18/94
19453 24
10.25%
CARPENTE CA.
UNKNW 180 2.00 $16,204.00
CA 2580159 75.00 147 55000.00 11/18/94
93013 32 12:00 AM
10.5%
WARREN, NJ 180 $70,000.00
UNKNW 147 1.50 70400.00 11/16/09
NJ 2580160 75.00 11/16/94
07059 28
10.%
KEY LARGO, FL. 180 $175,532.04
UNKNW 147 1.00 200000.00 11/7/09
FL 2580161 49.00 11/7/94
33037 0
9.5%
NORWALK, OH 120 $24,837.56
UNKNW 87 1.75 38200.00 11/25/04
OH 2580162 90.00 11/25/94
44857 34
10.25%
TROY, MI 180 $36,370.28
UNKNW 147 1.50 40000.00 11/23/09
MI 2580163 48.00 11/23/94
48083 40
10.%
STEAMBOA SPRINGS, CO 180 $26,609.59
UNKNW 147 1.75 74200.00 11/18/09
CO 2580164 75.00 11/18/94
80487 39
10.25%
ANTRIM, NH. 180 $15,108.93
UNKNW 147 2.00 30000.00 11/30/09
NH 2580165 39.00 11/30/94
03440 30
10.5%
DENVILLE NJ. 180 $62,000.00
UNKNW 147 1.50 80000.00 11/21/09
NJ 2580166 80.00 11/21/94
07834 53
10.%
BROOKPAR OH. 180 $24,133.05
UNKNW 147 1.75 25000.00 11/22/09
OH 2580167 28.00 11/22/94
44142 40
10.25%
MOORESTO NJ. 120 $53,804.08
UNKNW 87 2.50 91500.00 11/28/04
NJ 2580168 90.00 11/28/94
08057 43
11.%
GAINES, MI. 180 $40,748.50
UNKNW 146 1.50 42600.00 10/17/09
MI 2580169 80.00 10/17/94
48436 30
10.%
BUFFALO, NY
UNKNW 120 2.50 $9,916.06
NY 2580170 95.00 86 10000.00 10/12/94
14215 29 12:00 AM
11.%
RICHBORO PA 120 $33,300.00
UNKNW 86 2.75 33300.00 10/31/04
PA 2580171 90.00 10/31/94
18940 35
11.25%
MICHIGAN MI 180 $62,681.98
UNKNW 146 1.25 68000.00 10/27/09
MI 2580172 80.00 10/27/94
49254 23
9.75%
TRUMBULL CT. 180 $28,837.03
UNKNW 146 1.75 31600.00 10/25/09
CT 2580173 80.00 10/25/94
06611 45
10.25%
BRIGHTON MI. 120 $20,458.26
UNKNW 86 2.75 20600.00 10/27/04
MI 2580174 91.00 10/27/94
48116 25
11.25%
MONUT MORRIS, MI. 180 $27,342.43
UNKNW 146 1.50 28000.00 10/24/09
MI 2580175 80.00 10/24/94
48458 30
10.%
VANDALIA OH. 180 $19,425.46
UNKNW 146 1.75 42000.00 10/21/09
OH 2580176 63.00 10/21/94
45377 21
10.25%
NAPERVIL IL 120 $35,000.00
UNKNW 86 2.75 35000.00 10/28/04
IL 2580177 85.00 10/28/94
60564 44
11.25%
ROCHESTE HILLS , MI 180 $88,910.13
UNKNW 147 1.00 160000.00 11/4/09
MI 2580178 80.00 11/4/94
48309 0
9.5%
SPRING CITY, PA 120 $34,500.00
UNKNW 87 2.75 34500.00 11/14/04
PA 2580179 90.00 11/14/94
19475 37
11.25%
PARAMUS, NJ. 180 $24,048.08
UNKNW 147 2.00 47900.00 11/9/09
NJ 2580180 80.00 11/9/94
07652 40
10.5%
CUYAHOGA FALLS, OH
UNKNW 180 1.75 $6,643.21
OH 2580181 42.00 147 25000.00 11/14/94
44224 37 12:00 AM
10.25%
102 STATE STREET 120 $20,505.19
BRISTOL 113 0.99 52000.00 1/31/07
RI 2580182 73.00 1/14/97
02809 35
9.49%
37972 MEADOW HILL DRIVE 120 $18,084.75
NORTHVILLE 113 0.99 49000.00 1/31/07
MI 2580183 74.00 1/31/97
48167 24
9.49%
631 MI TIERRA LANE 120 $49,209.39
SANTA MARIA 114 0.99 50000.00 2/11/07
CA 2580184 79.00 2/11/97
93455 48
9.49%
300 NAKOTA 120 $9,394.38
CLAWSON 113 0.99 10000.00 1/31/07
MI 2580185 70.00 1/31/97
48017 39
9.49%
SALINAS CA 180 $20,320.76
UNKNW 136 2.00 40500.00 12/7/08
CA 2580186 75.00 12/7/93
93906 18
10.5%
JAMISON, PA 180 $23,857.80
UNKNW 145 2.00 24200.00 9/9/09
PA 2580187 80.00 9/9/94
18929 38
10.5%
RIDLEY PARK, PA 120 $9,285.42
UNKNW 84 3.00 12200.00 8/30/04
PA 2580188 90.00 8/30/94
19078 35
11.5%
SPERRYVI VA 180 $99,719.49
UNKNW 144 1.25 100000.00 8/24/09
VA 2580189 70.00 8/24/94
22740 62
9.75%
WEST CHESTER, PA 180 $28,868.12
UNKNW 144 1.75 28900.00 8/16/09
PA 2580190 75.00 8/16/94
19382 41
10.25%
BAY CITY, MI 120 $25,571.90
UNKNW 85 2.25 25600.00 9/2/04
MI 2580191 90.00 9/2/94
48706 0
10.75%
RENO, NV
UNKNW 120 1.50 $30,221.89
NV 2580192 75.00 85 59350.00 9/14/94
89509 37 12:00 AM
10.%
STRATHMO CA 180 $8,762.42
UNKNW 146 2.00 10000.00 10/5/09
CA 2580193 74.00 10/5/94
93267 33
10.5%
LIVONIA, MI 180 $26,652.22
UNKNW 146 1.25 56700.00 10/7/09
MI 2580194 80.00 10/7/94
48154 0
9.75%
274 ST. AUGUSTINE DRIVE 120 $30,000.00
CHICO 110 0.99 70000.00 10/7/06
CA 2580195 72.00 10/7/96
95928 42
7.5%
1623 QUINCY AVENUE 120 $19,109.23
DUNMORE 117 0.99 30000.00 5/16/07
PA 2580196 80.00 5/16/97
18509 0
7.5%
TAYLOR MI 120 $11,402.00
UNKNW 113 1.99 16500.00 1/31/07
MI 2580197 90.00 1/31/97
48190 43
10.49%
803 POPLAR SPRINGS 120 $30,398.52
SHELBY 113 0.99 30600.00 1/31/07
NC 2580198 80.00 1/31/97
28150 43
9.49%
2044 GRAYSTONE 120 $15,117.51
ST CHARLES 113 1.99 15800.00 1/31/07
MO 2580199 90.00 1/31/97
63303 31
10.49%
45 GREENING LANE 120 $50,000.00
CRANSTON 113 0.99 50000.00 1/31/07
MA 2580200 29.00 1/31/97
02920 43
9.49%
PHILADEL PA 120 $61,404.07
UNKNW 113 0.99 80000.00 1/31/07
PA 2580201 80.00 1/31/97
19150 24
9.49%
612 ESSEX 120 $29,041.46
ROCHESTER 113 0.99 30000.00 1/31/07
MI 2580202 71.00 1/31/97
48307 29
9.49%
5131 CORNERS DRIVE
WEST 120 0.99 $30,000.00
MI 2580203 60.00 113 30000.00 1/31/97
48322 29 12:00 AM
9.49%
10 CAROLINA MAIN STREET 120 $14,495.38
RICHMOND 113 0.99 15000.00 1/31/07
RI 2580204 61.00 1/31/97
02812 30
9.49%
178 SHIPLEY AVENUE 120 $41,562.99
DALY CITY 113 1.99 43000.00 1/31/07
CA 2580205 90.00 1/31/97
94015 33
10.49%
242 MERCER STREET 120 $21,800.00
HIGHTSTOWN 113 0.99 40000.00 1/31/07
NJ 2580206 67.00 1/31/97
08520 45
9.49%
1721 FREEMONT DR. 120 $47,115.36
TROY 117 1.99 50000.00 5/12/07
MI 2580207 83.00 5/12/97
48098 0
7.5%
11342 DORCHESTER DRIVE 120 $18,359.04
TRUCKEE 117 1.99 26200.00 5/21/07
CA 2580208 90.00 5/21/97
96161 0
7.5%
4782 DONALD AVENUE 120 $6,038.00
RICHMOND 117 0.99 15000.00 5/15/07
OH 2580209 65.00 5/19/97
44143 0
7.5%
463 RED APPLE LANE 120 $20,458.73
GREECE 117 1.99 24400.00 5/13/07
NY 2580210 90.00 5/13/97
14612 0
7.5%
18900 SW 54 PLACE 120 $41,166.67
FT. LAUDERDALE 117 1.99 41500.00 5/19/07
FL 2580211 15.00 5/19/97
33332 0
7.5%
CANTON MI 120 $13,460.69
UNKNW 117 1.99 29700.00 5/21/07
MI 2580212 90.00 5/21/97
48188 0
7.5%
14572 RANCH ROAD 120 $34,757.38
ELK RIVER 117 1.99 35000.00 5/21/07
MN 2580213 88.00 5/21/97
55330 0
7.5%
MESILLA PARK NM
UNKNW 120 0.99 $26,976.02
NM 2580214 76.00 117 27000.00 5/20/97
88047 0 12:00 AM
7.5%
UNIONTOW PA 120 $27,764.64
UNKNW 117 0.99 29000.00 5/21/07
PA 2580215 80.00 5/21/97
15401 0
7.5%
328 CAMEO DRIVE 120 $10,552.86
LESLIE 117 0.99 15000.00 5/21/07
MI 2580216 49.00 5/21/97
49251 0
7.5%
BURTON MI 120 $14,347.32
UNKNW 117 0.99 15000.00 5/19/07
MI 2580217 77.00 5/19/97
48509 0
7.5%
130 E STRAUB ROAD 120 $24,899.88
MANSFIELD 117 0.99 42600.00 5/23/07
OH 2580218 85.00 5/23/97
44907 0
7.5%
755 CAMBRIAN DRIVE 120 $42,697.44
CAMPBELL 117 1.99 75000.00 5/12/07
CA 2580219 85.00 5/12/97
95008 0
7.5%
5765 JENSEN ST 120 $39,472.87
LAS VEGAS 117 0.99 40000.00 5/19/07
NV 2580220 36.00 5/19/97
89129 0
7.5%
153 BIRCH LANE 120 $19,471.56
GLENVILLE 117 1.99 21000.00 5/17/07
NY 2580221 90.00 5/17/97
12302 0
7.5%
8146 N W LAKEVIEW DRIVE 120 $28,007.57
PARKVILLE 117 0.99 70000.00 5/17/07
MO 2580222 77.00 5/17/97
64152 0
7.5%
SHOHOLA PA 120 $31,986.21
UNKNW 117 1.99 32000.00 5/16/07
PA 2580223 90.00 5/17/97
18458 0
7.5%
7625 KIMCOE LANE 120 $91,327.36
INDIANAPOLIS 117 0.99 141800.00 5/16/07
IN 2580224 80.00 5/16/97
46254 0
7.5%
1900 WEST 55TH STREET
MISSION HILLS 120 0.99 $47,328.76
KS 2580225 52.00 117 150000.00 5/17/97
66208 0 12:00 AM
7.5%
BIRMINGH AL 120 $16,157.43
UNKNW 117 1.99 17000.00 5/19/07
AL 2580226 86.00 5/19/97
35208 0
7.5%
103 HESSIAN AVENUE 120 $12,560.19
NATIONAL PARK 117 0.99 12800.00 5/19/07
NJ 2580227 85.00 5/19/97
08063 0
7.5%
1760 NISKEY COVE ROAD 120 $41,637.12
ATLANTA 117 1.99 73900.00 5/19/07
GA 2580228 90.00 5/19/97
30331 0
7.5%
985 TILLSON DRIVE 120 $79,890.74
ZIONSVILLE 117 0.99 96000.00 5/19/07
IN 2580229 80.00 5/19/97
46077 0
7.5%
MOBILE AL 120 $67,314.19
UNKNW 117 0.99 70000.00 5/19/07
AL 2580230 44.00 5/19/97
36695 0
7.5%
3600 SAINT ANDREWS DRIVE 120 $75,200.00
SIERRA VISTA 117 0.99 100000.00 5/16/07
AZ 2580231 80.00 5/16/97
85635 0
7.5%
623 GRAND AVENUE 120 $35,211.64
MANCOS 117 0.99 50000.00 5/15/07
CO 2580232 77.00 5/15/97
81328 0
7.5%
36 GEORGANNA STREET 120 $9,567.80
BRAINTREE 116 1.99 20300.00 4/29/07
MA 2580233 90.00 4/29/97
02184 0
7.5%
17006 THE STRAND 120 $70,656.37
MINNETONKA 117 0.99 79500.00 5/16/07
MN 2580234 80.00 5/16/97
55345 0
7.5%
HACIENDA HEIGHTS CA 120 $13,716.21
UNKNW 117 0.99 20000.00 5/16/07
CA 2580235 67.00 5/16/97
91745 0
7.5%
SILVER SPRINGS NV
UNKNW 120 1.99 $7,819.86
NV 2580236 90.00 117 11700.00 5/13/97
89429 0 12:00 AM
7.5%
7 WABAN STREET 120 $22,289.49
SAUGUS 117 1.99 22300.00 5/16/07
MA 2580237 90.00 5/16/97
01906 0
7.5%
4809 E LONGDALE DRIVE 120 $9,794.97
NASHVILLE 117 0.99 10000.00 5/15/07
TN 2580238 76.00 5/15/97
37211 0
7.5%
ALBUQUER NM 120 $36,700.00
UNKNW 117 1.99 36700.00 5/16/07
NM 2580239 90.00 5/16/97
87123 0
7.5%
KENNETT SQUARE, PA 120 $62,659.63
UNKNW 94 0.99 100000.00 6/29/05
PA 2580240 36.00 6/29/95
19348 44
7.5%
MORGAN HILL CA 120 $44,097.43
UNKNW 116 0.99 45000.00 4/12/07
CA 2580241 65.00 4/12/97
95037 0
7.5%
14525 S W 97TH STREET 120 $10,937.71
MIAMI 117 0.99 29000.00 5/17/07
FL 2580242 80.00 5/17/97
33186 0
7.5%
WINTER PARK FL 120 $37,283.33
UNKNW 117 0.99 50000.00 5/15/07
FL 2580243 75.00 5/15/97
32792 0
7.5%
1193 HOLTWOOD ROAD 120 $18,544.92
HOLTWOOD 117 0.99 20000.00 5/15/07
PA 2580244 68.00 5/15/97
17532 0
7.5%
29724 JEFFERSON 120 $24,010.46
SAINT CLAIR 117 1.99 50000.00 5/5/07
MI 2580245 82.00 5/5/97
48080 0
7.5%
G-5456 W COURT ST 120 $17,087.92
FLINT 117 1.99 22700.00 5/12/07
MI 2580246 90.00 5/12/97
48532 0
7.5%
1209 NEWIT VICK DRIVE
VICKSBURG 120 0.99 $18,249.62
MS 2580247 65.00 117 20000.00 5/15/97
39180 0 12:00 AM
7.5%
ALLEN PARK MI 120 $23,631.36
UNKNW 117 0.99 25000.00 5/15/07
MI 2580248 73.00 5/15/97
48101 0
7.5%
EDISON NJ 120 $11,776.21
UNKNW 117 1.99 25000.00 5/15/07
NJ 2580249 85.00 5/15/97
08837 0
7.5%
74 ST. ANDREWS FAIRWAY 120 $25,852.72
MEMPHIS 117 1.99 26200.00 5/15/07
TN 2580250 85.00 5/15/97
38111 0
7.5%
79 CORRAL DRIVE 120 $42,418.32
PENFIELD 117 0.99 47000.00 5/9/07
NY 2580251 80.00 5/14/97
14526 0
7.5%
2880 MASON 120 $78,822.22
HUDSONVILLE 117 0.99 80000.00 5/16/07
MI 2580252 79.00 5/16/97
49426 0
7.5%
29 HAMILTON COURT 120 $17,954.00
WHIPPANY 117 0.99 18000.00 5/16/07
NJ 2580253 80.00 5/16/97
07981 0
7.5%
9 BRIARWOOD DRIVE 120 $77,051.42
MATAWAN 117 0.99 94600.00 5/16/07
NJ 2580254 80.00 5/16/97
07747 0
7.5%
2605 LINKS ENDS 120 $28,878.52
ROWSELL 117 0.99 50000.00 5/14/07
GA 2580255 72.00 5/14/97
30076 0
7.5%
14952 AIMY DRIVE 120 $8,570.84
MONROE 117 1.99 11300.00 5/14/07
MI 2580256 90.00 5/14/97
48161 0
7.5%
MOUND MN 120 $39,376.50
UNKNW 117 0.99 40000.00 5/14/07
MN 2580257 39.00 5/14/97
55364 0
7.5%
775 COMANCHE LANE
FRANKLIN LAKES 120 0.99 $43,546.09
NJ 2580258 79.00 117 70000.00 5/14/97
07417 0 12:00 AM
7.5%
436 LORRAINE AVENUE 120 $8,798.52
MIDDLESEX 117 1.99 10000.00 5/14/07
NJ 2580259 86.00 5/14/97
08846 0
7.5%
211 MOBILE DRIVE 120 $19,240.42
GREECE 117 1.99 20100.00 5/5/07
NY 2580260 90.00 5/5/97
14616 0
7.5%
AMHERST NY 120 $13,241.66
UNKNW 117 1.99 13500.00 5/5/07
NY 2580261 90.00 5/5/97
14228 0
7.5%
5825 HARTLAKE RD. 120 $39,006.63
OTTER LAKE 117 0.99 40000.00 5/14/07
MI 2580262 27.00 5/14/97
48464 0
7.5%
639 ANTIQUITY DRIVE 120 $29,800.00
FAIRFIELD 117 1.99 29800.00 5/8/07
CA 2580263 15.00 5/8/97
94585 0
7.5%
3726 FAIRWAY DRIVE 120 $29,769.39
ARNOLD 117 0.99 30000.00 5/14/07
CA 2580264 71.00 5/14/97
95223 0
7.5%
3505 GREYFIELD LANE 119 $9,004.27
KENNESAW 116 0.99 10000.00 4/26/07
GA 2580265 72.00 5/15/97
30152 0
7.5%
SAN JOSE CA 120 $14,208.09
UNKNW 117 0.99 20000.00 5/5/07
CA 2580266 53.00 5/5/97
95123 0
7.5%
35 REGAL COURT 120 $30,000.00
BABSON PARK 117 0.99 30000.00 5/12/07
FL 2580267 80.00 5/12/97
33827 0
7.5%
5001 ADELAIDE COURT 120 $28,704.20
WINNEMUCCA 117 0.99 50000.00 5/12/07
NV 2580268 70.00 5/12/97
89445 0
7.5%
19 WAYNE COURT
REDWOOD CITY 120 0.99 $30,000.00
CA 2580269 41.00 117 30000.00 5/12/97
94063 0 12:00 AM
7.5%
OLIVE BRANCH MS 120 $22,100.00
UNKNW 116 1.99 22100.00 4/30/07
MS 2580270 90.00 4/30/97
38654 0
7.5%
3333 LOCKHEAD 120 $13,604.22
BURTON 117 1.99 26600.00 5/12/07
MI 2580271 90.00 5/12/97
48529 0
7.5%
816 TACKEN 120 $50,000.00
FLINT 117 1.99 50000.00 5/12/07
MI 2580272 85.00 5/12/97
48532 0
7.5%
1005 FRY ROAD 120 $80,000.00
GREENWOOD 117 0.99 80000.00 5/12/07
IN 2580273 67.00 5/12/97
46142 0
7.5%
3 CONTRA COSTA PLACE 120 $40,868.00
OAKLAND 117 0.99 114000.00 5/13/07
CA 2580274 80.00 5/13/97
94618 0
7.5%
95 HARVARD AVENUE 120 $47,383.50
MAPLEWOOD 117 1.99 48000.00 5/13/07
NJ 2580275 90.00 5/13/97
07040 0
7.5%
3140 SMITH ROAD 120 $14,907.99
LAMBERTVILLE 117 0.99 15000.00 5/13/07
MI 2580276 76.00 5/13/97
48144 0
7.5%
201 KRISTEN LANE 120 $41,700.00
CHESTER 117 1.99 41700.00 5/13/07
VA 2580277 86.00 5/13/97
23831 0
7.5%
12520 TURKS TURN 120 $40,173.79
ANCHORAGE 117 1.99 50000.00 5/14/07
AK 2580278 87.00 5/14/97
99516 0
7.5%
10021 MATHEW AVENUE NE 120 $53,983.65
ALBUQUERQUE 117 1.99 54400.00 5/7/07
NM 2580279 90.00 5/7/97
87112 0
7.5%
26 W 703 LINDSEY
WINFIELD 120 1.99 $224.04
IL 2580280 90.00 117 73100.00 5/15/97
60190 0 12:00 AM
7.5%
NORTH BERWICK ME 120 $20,000.00
UNKNW 117 1.99 20000.00 5/7/07
ME 2580281 88.00 5/7/97
03906 0
7.5%
STONE MOUNTAIN GA 120 $27,750.00
UNKNW 117 1.99 27800.00 5/9/07
GA 2580282 90.00 5/9/97
30087 0
7.5%
12876 CRAIG DRIVE 120 $25,860.00
RANCHO 117 1.99 25800.00 5/2/07
CA 2580283 10.00 5/12/97
91739 0
7.5%
312 GREATVIEW CIRCLE 120 $9,698.47
HOOVER 117 0.99 10000.00 5/12/07
AL 2580284 61.00 5/12/97
35226 0
7.5%
1204T S HIGH STREET 120 $9,982.58
BURLINGTON 117 1.99 10800.00 5/9/07
NJ 2580285 90.00 5/9/97
08016 0
7.5%
2803 MARQUETTE DRIVE 120 $34,159.33
ST CLOUD 117 1.99 40000.00 5/8/07
MN 2580286 83.00 5/9/97
56301 0
7.5%
SULPHUR LA 120 $23,738.60
UNKNW 117 0.99 28000.00 5/6/07
LA 2580287 36.00 5/6/97
70663 0
7.5%
1107 FAIRWAY DRIVE 120 $28,283.83
WINTER PARK 117 0.99 30000.00 5/5/07
FL 2580288 73.00 5/5/97
32789 0
7.5%
1932 HUIZENS S.W. 120 $11,666.94
WYOMING 117 1.99 38200.00 5/5/07
MI 2580289 90.00 5/5/97
49509 0
7.5%
210 W. HILLSIDE DRIVE 120 $24,907.88
FARMINGTON 117 0.99 25000.00 5/12/07
MO 2580290 78.00 5/12/97
63640 0
7.5%
SOUTHFIE MI
UNKNW 120 0.99 $29,894.00
MI 2580291 75.00 117 30000.00 5/9/97
48076 0 12:00 AM
7.5%
4393 DEXTER TOWN HALL 120 $14,899.32
DEXTER 117 1.99 16600.00 5/3/07
MI 2580292 88.00 5/3/97
48130 0
7.5%
899 BELLE ST. 120 $11,849.72
WATERLOO 117 0.99 30000.00 5/9/07
IA 2580293 71.00 5/9/97
50702 0
7.5%
2946 ANN MARIE LANE 120 $4,624.25
REX 117 0.99 10000.00 5/8/07
GA 2580294 48.00 5/8/97
30273 0
7.5%
69 NOBADEER ROAD 120 $49,920.43
CENTERVILLE 117 0.99 50000.00 5/10/07
MA 2580295 70.00 5/10/97
02632 0
7.5%
4620 PERIWINKLE COURT N W 120 $10,476.82
ALBUQUERQUE 117 1.99 10500.00 5/10/07
NM 2580296 90.00 5/10/97
87120 0
7.5%
1340 WOO BOULEVARD 120 $48,721.60
ANCHORAGE 117 0.99 94000.00 5/9/07
AK 2580297 75.00 5/9/97
99515 0
7.5%
1353 W 109TH PLACE 120 $5,471.90
CHICAGO 117 0.99 20000.00 5/10/07
IL 2580298 47.00 5/10/97
60643 0
7.5%
8647 HAVENHURST DRIVE 120 $6,895.23
GERMANTOWN 117 0.99 18600.00 5/10/07
TN 2580299 80.00 5/10/97
38138 0
7.5%
78 BROOKSIDE ROAD 120 $16,494.00
NEEDHAM 117 0.99 30000.00 5/9/07
MA 2580300 80.00 5/9/97
02192 0
7.5%
6815 LONG ROAD 120 $4,311.90
CHARLOTTE 116 1.99 56500.00 4/14/07
NC 2580301 41.00 4/14/97
28227 0
7.5%
MARGATE FL
UNKNW 120 0.99 $24,029.39
FL 2580302 28.00 117 25000.00 5/10/97
33063 0 12:00 AM
7.5%
1665 ASHLEY LAKE ROAD 120 $12,306.36
KALISPELL 117 0.99 50000.00 5/9/07
MT 2580303 63.00 5/9/97
59901 0
7.5%
3708 MT. VERNON DRIVE 120 $17,826.60
LAKE ORION 117 1.99 18000.00 5/9/07
MI 2580304 89.00 5/9/97
48360 0
7.5%
195 MAIN STREET 120 $12,670.62
HANSON 117 1.99 15000.00 5/9/07
MA 2580305 89.00 5/9/97
02341 0
7.5%
100 FOX STREET 120 $21,761.86
SPRINGFIELD 117 0.99 24300.00 5/9/07
GA 2580306 75.00 5/9/97
31329 0
7.5%
11245 HILL ROAD 120 $4,240.07
GOODRICH 117 0.99 84600.00 5/9/07
MI 2580307 85.00 5/9/97
48438 0
7.5%
FENTON MI 120 $46,139.69
UNKNW 117 1.99 53500.00 5/9/07
MI 2580308 90.00 5/9/97
48430 0
7.5%
CLAYTON CA 120 $8,352.71
UNKNW 117 0.99 21300.00 5/9/07
CA 2580309 80.00 5/9/97
94517 0
7.5%
INDIANAP IN 120 $29,763.85
UNKNW 117 0.99 30000.00 5/9/07
IN 2580310 79.00 5/9/97
46234 0
7.5%
4100 RHODES AVENUE 120 $24,430.06
STUDIO CITY 117 0.99 26000.00 5/10/07
CA 2580311 82.00 5/10/97
91604 0
7.5%
705 WEST MUSSER STREET 120 $35,614.63
CARSON CITY 117 0.99 40000.00 5/9/07
NV 2580312 75.00 5/9/97
89703 0
7.5%
1 STACEY LANE
HOPKINTON 120 0.99 $6,178.16
RI 2580313 80.00 117 22000.00 5/9/97
02833 0 12:00 AM
7.5%
BETTENDO IA 120 $28,697.71
UNKNW 117 0.99 29900.00 5/9/07
IA 2580314 80.00 5/9/97
52722 0
7.5%
32343 SHERIDAN 120 $14,807.71
GARDEN CITY 117 1.99 15000.00 5/8/07
MI 2580315 90.00 5/8/97
48135 0
7.5%
221 MAPLE STREET 120 $11,033.63
LAKE ODESSA 117 0.99 30000.00 5/8/07
MI 2580316 55.00 5/8/97
48849 0
7.5%
BRICK NJ 120 $23,154.67
UNKNW 117 1.99 23100.00 5/9/07
NJ 2580317 90.00 5/9/97
08723 0
7.5%
245 MOSELEY CROSSING 120 $9,263.93
STOCKBRIDGE 117 0.99 20900.00 5/8/07
GA 2580318 80.00 5/8/97
30281 0
7.5%
260 E 320TH STREET 120 $35,401.11
WILLOWICK 117 0.99 50000.00 5/9/07
OH 2580319 38.00 5/9/97
44095 0
7.5%
1401 OLIVE LANE 120 $19,900.00
DAUPHIN ISLAND 117 0.99 30000.00 5/8/07
AL 2580320 37.00 5/8/97
36528 0
7.5%
R R 1 BOX 285 120 $16,602.34
12504 HIGHWA 117 1.99 20000.00 5/9/07
IA 2580321 90.00 5/9/97
50478 0
7.5%
WEST LONG BRANCH NJ 120 $29,837.52
UNKNW 117 1.99 50000.00 5/6/07
NJ 2580322 90.00 5/6/97
07764 0
7.5%
1952 COUNTY ROAD 4 N E 120 $34,836.32
ATWATER 117 0.99 38500.00 5/8/07
MN 2580323 75.00 5/8/97
56209 0
7.5%
350 MAIN STREET
MATAWAN 120 1.99 $13,698.43
NJ 2580324 90.00 117 28200.00 5/9/97
07747 0 12:00 AM
7.5%
1627 STACK ROAD 120 $12,433.65
MONROE 117 1.99 13000.00 5/1/07
NC 2580325 90.00 5/1/97
28112 0
7.5%
KENNER LA 120 $8,676.87
UNKNW 117 0.99 10000.00 5/9/07
LA 2580326 48.00 5/9/97
70065 0
7.5%
13724 BERKLEY DAVIS DRIVE 120 $14,489.71
CHESTERFIELD 117 1.99 26000.00 5/8/07
VA 2580327 90.00 5/8/97
23838 0
7.5%
27 ANDERSON AVENUE 120 $30,260.67
BERGENFIELD 117 0.99 32000.00 5/5/07
NJ 2580328 80.00 5/5/97
07621 0
7.5%
1850 HICKORY BARK LANE 120 $42,238.11
BLOOMFIELD 117 0.99 43000.00 5/8/07
MI 2580329 61.00 5/8/97
48304 0
7.5%
209 S. SHERMAN 119 $11,268.95
LESLIE 116 1.99 12900.00 4/30/07
MI 2580330 90.00 5/2/97
49251 0
7.5%
1075 BROOKSIDE DRIVE 120 $36,856.41
GRAND LEDGE 117 0.99 40000.00 5/8/07
MI 2580331 65.00 5/8/97
48837 0
7.5%
1310 SOUTH EVERGREEN 120 $12,623.81
SHAWANO 117 0.99 25000.00 5/8/07
WI 2580332 55.00 5/8/97
54166 0
7.5%
356 ELLIOT PLACE 120 $34,798.53
PARAMUS 117 1.49 50000.00 5/6/07
NJ 2580333 70.00 5/8/97
07652 0
7.5%
O'FALLON MO 120 $15,000.00
UNKNW 117 1.99 15000.00 5/8/07
MO 2580334 90.00 5/8/97
63366 0
7.5%
JEFFERSO OR
UNKNW 120 0.99 $19,266.25
OR 2580335 63.00 117 20000.00 5/6/97
97352 0 12:00 AM
7.5%
133 BRUSH HOLLOW 120 $77,963.50
RYE BROOK 117 0.99 99000.00 5/8/07
NY 2580336 34.00 5/8/97
10573 0
7.5%
405 ARLINGTON ROAD 120 $24,715.85
SAVANNAH 117 0.99 30000.00 5/8/07
GA 2580337 64.00 5/8/97
31419 0
7.5%
BELOIT WI 120 $7,061.35
UNKNW 117 0.99 10000.00 5/8/07
WI 2580338 17.00 5/8/97
53511 0
7.5%
9372 WILLOW OAK ROAD 120 $26,936.46
SALINAS 117 0.99 43200.00 5/7/07
CA 2580339 80.00 5/7/97
93907 0
7.5%
3988 GREEN CORNERS RD. 120 $4,134.45
METAMORA 116 1.99 12400.00 4/29/07
MI 2580340 84.00 4/29/97
48455 0
7.5%
16 OLD LONG PLAIN ROAD 120 $23,254.38
LEVERETT 117 1.99 25000.00 5/5/07
MA 2580341 86.00 5/5/97
01054 0
7.5%
1259 MILES ROAD 120 $42,944.56
MERCED 117 1.99 61600.00 5/6/07
CA 2580342 90.00 5/6/97
95340 0
7.5%
621 10TH STREET 120 $19,212.15
OREGON CITY 117 0.99 50000.00 5/7/07
OR 2580343 87.00 5/7/97
97045 0
7.5%
6340 W. EATON HIGHWAY 120 $9,464.96
LANSING 117 0.99 10000.00 5/7/07
MI 2580344 63.00 5/7/97
48906 0
7.5%
TORRANCE CA 120 $19,995.93
UNKNW 116 0.99 20000.00 4/28/07
CA 2580345 71.00 4/30/97
90504 0
7.5%
SALEM OR
UNKNW 120 0.99 $6,097.83
OR 2580346 58.00 117 40000.00 5/8/97
97304 0 12:00 AM
7.5%
1321 BISHOP ROAD 120 $15,849.98
GROSSE POINTE 117 0.99 24400.00 5/7/07
MI 2580347 80.00 5/7/97
48230 0
7.5%
5085 HIGH HOLLY BYRON 119 $27,080.56
HOLLEY 116 0.99 50000.00 4/30/07
NY 2580348 67.00 5/2/97
14470 0
7.5%
1122 HILLGATE WAY 120 $25,482.43
LANSING 117 1.99 25500.00 5/8/07
MI 2580349 90.00 5/8/97
48912 0
7.5%
5 CARY AVENUE 120 $9,404.15
OAKFIELD 117 1.99 19200.00 5/8/07
NY 2580350 90.00 5/8/97
14125 0
7.5%
10 BEECHWOOD COURT 120 $9,074.53
NEWINGTON 117 1.99 12300.00 5/7/07
CT 2580351 90.00 5/7/97
06111 0
7.5%
ROCKLAND ME 120 $10,759.29
UNKNW 117 1.99 10800.00 5/7/07
ME 2580352 90.00 5/7/97
04841 0
7.5%
SANTA ANA CA 120 $17,900.75
UNKNW 117 0.99 18000.00 5/7/07
CA 2580353 63.00 5/7/97
92704 0
7.5%
23558 BURBANK BOULEVARD 120 $36,673.09
WOODLAND HILLS 117 0.99 40000.00 5/5/07
CA 2580354 79.00 5/5/97
91367 0
7.5%
5919 POST ROAD 120 $70,345.72
NASHVILLE 117 1.99 100000.00 5/6/07
TN 2580355 88.00 5/6/97
37205 0
7.5%
6090 N. MCKINLEY 120 $10,895.53
FLUSHING 117 0.99 35000.00 5/7/07
MI 2580356 67.00 5/7/97
48433 0
7.5%
MARLBORO NJ
UNKNW 120 1.99 $34,705.00
NJ 2580357 77.00 117 44000.00 5/9/97
07746 0 12:00 AM
7.5%
1263 QUIET CIRCLE 120 $36,948.19
CONCORD 117 1.99 37500.00 5/7/07
CA 2580358 90.00 5/7/97
94521 0
7.5%
MOORHEAD MN 120 $22,258.20
UNKNW 117 1.99 22300.00 5/7/07
MN 2580359 90.00 5/7/97
56560 0
7.5%
10301 ISLAND VIEW DRIVE 120 $15,855.03
OKLAHOMA CITY 117 0.99 25000.00 5/7/07
OK 2580360 79.00 5/7/97
73162 0
7.5%
1041 SUMMERSONG COURT 120 $47,763.34
SAN JOSE 117 1.99 48000.00 5/6/07
CA 2580361 90.00 5/7/97
95132 0
7.5%
34279 BARNFIELD PLACE 120 $17,537.89
FREMONT 117 1.99 17600.00 5/5/07
CA 2580362 90.00 5/7/97
94555 0
7.5%
1805 LAWNVIEW DRIVE 120 $3,587.08
FREDERICK 117 1.99 10000.00 5/5/07
MD 2580363 89.00 5/5/97
21702 0
7.5%
2032 WATERFALL COURT 120 $43,408.18
MODESTO 117 1.99 43900.00 5/2/07
CA 2580364 90.00 5/2/97
95355 0
7.5%
3807 RIVERTON AVENUE 120 $8,369.21
EAGAN 117 0.99 10000.00 5/1/07
MN 2580365 65.00 5/5/97
55122 0
7.5%
2214 HIGH POINT 120 $136.10
SLATINGTON 116 1.99 30000.00 4/30/07
PA 2580366 90.00 4/30/97
18080 0
7.5%
760 STONE HARBOR 120 $4,000.00
MARIETTA 117 1.99 17200.00 5/5/07
GA 2580367 90.00 5/5/97
30060 0
7.5%
OLD WOOD ROAD
RUTLAND 120 0.99 $113,000.00
VT 2580368 67.00 117 113000.00 5/5/97
05701 0 12:00 AM
7.5%
153 PALISADE AVENUE 120 $29,069.12
BOGOTA 117 0.99 30000.00 5/6/07
NJ 2580369 78.00 5/6/97
07603 0
7.5%
NEWARK NJ 120 $34,601.42
UNKNW 117 1.99 35000.00 5/5/07
NJ 2580370 84.00 5/6/97
07106 0
7.5%
G-5330 REUBEN ST 120 $42,900.00
FLINT 117 0.99 50000.00 5/6/07
MI 2580371 53.00 5/6/97
48532 0
7.5%
8 PINEHURST DRIVE 120 $57,296.43
PURCHASE 117 1.99 80000.00 5/6/07
NY 2580372 81.00 5/6/97
10577 0
7.5%
COLUMBIA PA 120 $58,143.78
UNKNW 117 0.99 100000.00 5/5/07
PA 2580373 79.00 5/6/97
17512 0
7.5%
7615 BRIGHAM DRIVE 120 $18,976.62
ATLANTA 117 0.99 30000.00 5/2/07
GA 2580374 74.00 5/2/97
30350 0
7.5%
DALLAS GA 120 $8,100.00
UNKNW 117 0.99 13300.00 5/3/07
GA 2580375 80.00 5/3/97
30132 0
7.5%
103 BUCKEYE LANE 120 $8,148.34
RADFORD 117 0.99 30000.00 5/3/07
VA 2580376 78.00 5/3/97
24141 0
7.5%
125 2ND AVENUE NORTHWEST 120 $15,242.18
OELWEIN 117 0.99 20000.00 5/3/07
IA 2580377 80.00 5/3/97
50662 0
7.5%
MARLBORO NJ 120 $39,624.95
UNKNW 117 1.99 40000.00 5/3/07
NJ 2580378 90.00 5/3/97
07746 0
7.5%
1091 TREELINE DRIVE
ALLENTOWN 120 1.99 $29,956.85
PA 2580379 83.00 116 30000.00 4/25/97
18103 0 12:00 AM
7.5%
723 ARBOR RD. 120 $28,647.94
PARAMUS 117 1.99 30000.00 5/8/07
NJ 2580380 45.00 5/8/97
07652 0
7.5%
CHARLOTT MI 120 $47,815.76
UNKNW 116 0.99 50000.00 4/25/07
MI 2580381 77.00 4/25/97
48813 0
7.5%
WESTMINS CA 120 $15,760.32
UNKNW 117 0.99 20000.00 5/5/07
CA 2580382 72.00 5/5/97
92683 0
7.5%
7122 S W 8TH AVENUE 120 $61,164.22
PORTLAND 117 0.99 69000.00 5/5/07
OR 2580383 80.00 5/5/97
97219 0
7.5%
508 TESLIN COURT 120 $12,226.32
BAKERSFIELD 117 1.99 12500.00 5/5/07
CA 2580384 90.00 5/5/97
93308 0
7.5%
KENTWOOD MI 120 $9,994.23
UNKNW 117 1.99 10000.00 5/2/07
MI 2580385 88.00 5/2/97
49508 0
7.5%
7496 W. LEONARD 120 $26,411.49
EASTMANVILLE 117 0.99 75000.00 5/5/07
MI 2580386 48.00 5/5/97
49404 0
7.5%
31 JAMES STREET 120 $12,199.05
COHOES 117 1.99 12600.00 5/2/07
NY 2580387 90.00 5/2/97
12047 0
7.5%
1132 CLOVERDALE DRIVE 120 $12,612.45
GREENVILLE 117 0.99 15000.00 5/2/07
MS 2580388 79.00 5/2/97
38701 0
7.5%
597 CORN NECK RD 119 $20,265.00
BLOCK ISLAND 116 0.99 50000.00 4/30/07
RI 2580389 56.00 5/2/97
02807 0
7.5%
307 SPRINGFIELD
PARK FOREST 120 0.99 $7,746.73
IL 2580390 66.00 116 10000.00 4/25/97
60466 0 12:00 AM
7.5%
115 WILLOW LAWN DR. 120 $1,600.00
WAVERLY 116 0.99 20000.00 4/25/07
IA 2580391 80.00 4/25/97
50677 0
7.5%
5087 LAUR ROAD 120 $27,941.00
NORTH BRANCH 117 1.99 29200.00 5/2/07
MI 2580392 90.00 5/2/97
48461 0
7.5%
CONYERS GA 120 $12,980.13
UNKNW 117 0.99 15000.00 5/2/07
GA 2580393 87.00 5/2/97
30208 0
7.5%
CLARKSTO MI 120 $3,813.97
UNKNW 117 0.99 10000.00 5/1/07
MI 2580394 59.00 5/1/97
48346 0
7.5%
WETUMKA OK 120 $3,913.96
UNKNW 116 0.99 19000.00 4/25/07
OK 2580395 80.00 4/25/97
74883 0
7.5%
1805 SYCAMORE 120 $44,454.30
GRANGER 117 0.99 55000.00 5/2/07
IA 2580396 46.00 5/3/97
50109 0
7.5%
206 GRATTON STREET 120 $23,817.15
BURLINGTON 117 1.99 24000.00 5/3/07
IA 2580397 71.00 5/3/97
52601 0
7.5%
PHOENIX AZ 120 $25,214.35
UNKNW 117 0.99 30000.00 5/3/07
AZ 2580398 45.00 5/3/97
85029 0
7.5%
SEVEN SPRINGS NC 120 $13,614.61
UNKNW 116 0.99 14100.00 4/26/07
NC 2580399 80.00 4/26/97
28578 0
7.5%
8960 AUTUMNGLO DRIVE 120 $31,951.29
CLARKSTON 117 1.99 230000.00 5/2/07
MI 2580400 90.00 5/2/97
48348 0
7.5%
2428 EAST VERMONTVILLE
CHARLOTTE 120 0.99 $40,546.86
MI 2580401 75.00 117 100000.00 5/2/97
48813 0 12:00 AM
7.5%
120 N VAN DYKE 120 $9,716.61
MARLETTE 117 1.99 11200.00 5/1/07
MI 2580402 87.00 5/1/97
48453 0
7.5%
406 BOWER HILL ROAD 119 $36,550.95
VENETIA 116 0.99 50000.00 4/29/07
PA 2580403 53.00 5/2/97
15367 0
7.5%
BURNSVIL MN 120 $36,752.52
UNKNW 117 1.99 36900.00 5/2/07
MN 2580404 90.00 5/2/97
55337 0
7.5%
OREGON CITY OR 120 $6,807.93
UNKNW 116 0.99 15000.00 4/29/07
OR 2580405 40.00 4/29/97
97045 0
7.5%
112 PRAIRIE 119 $11,300.42
OKTAHA 116 1.99 13000.00 4/30/07
OK 2580406 88.00 5/2/97
74450 0
7.5%
751 LOS COCHES AVENUE 120 $11,182.56
SALINAS 117 0.99 15000.00 5/1/07
CA 2580407 71.00 5/1/97
93906 0
7.5%
4 TEAL DRIVE 120 $5,959.26
LANGHORNE 117 0.99 10000.00 5/2/07
PA 2580408 49.00 5/2/97
19047 0
7.5%
1098 LORI STREET 120 $17,990.91
YPSILANTI 117 1.99 18600.00 5/2/07
MI 2580409 90.00 5/2/97
48198 0
7.5%
81 ANDERSON ROAD 120 $14,199.84
WINDHAM 117 0.99 20000.00 5/2/07
ME 2580410 79.00 5/2/97
04062 0
7.5%
PINEVILL MO 120 $9,236.16
UNKNW 116 0.99 10000.00 4/30/07
MO 2580411 66.00 4/30/97
64856 0
7.5%
BERLIN MD
UNKNW 120 0.99 $5,727.56
MD 2580412 65.00 117 10000.00 5/1/97
21811 0 12:00 AM
7.5%
FORREST ROAD 80 120 $24,959.84
PRESCOTT 117 0.99 30000.00 5/1/07
AZ 2580413 68.00 5/1/97
86302 0
7.5%
813 E SCOTT AVENUE 119 $38,835.92
GILBERT 116 0.99 43400.00 4/29/07
AZ 2580414 80.00 5/1/97
85234 0
7.5%
3049 12TH STREET 120 $19,481.27
NEW BRIGHTON 117 0.99 35000.00 5/1/07
MN 2580415 71.00 5/1/97
55112 0
7.5%
6202 HOMESTEAD DRIVE 120 $8,591.46
PLACERVILLE 117 1.99 19400.00 5/1/07
CA 2580416 90.00 5/1/97
95667 0
7.5%
4 RAINBOW TRAIL 120 $13,485.94
HIGHLAND LAKES 116 0.99 20000.00 4/29/07
NJ 2580417 46.00 4/30/97
07422 0
7.5%
1801 SOUTHPOINTE CIRCLE 120 $57,080.89
HOOVER 117 0.99 63000.00 5/1/07
AL 2580418 80.00 5/1/97
35224 0
7.5%
12300 SHADY LAKE PLACE 120 $14,869.79
RICHMOND 117 0.99 50000.00 5/1/07
VA 2580419 60.00 5/1/97
23233 0
7.5%
38486 HARTWELL 120 $96,000.00
STERLING 117 0.99 96000.00 5/1/07
MI 2580420 79.00 5/1/97
48312 0
7.5%
BERKLEY MI 120 $7,476.87
UNKNW 116 0.99 20000.00 4/29/07
MI 2580421 58.00 4/29/97
48072 0
7.5%
14917 WHITE OAK DR 120 $59,700.00
BURNSVILLE 116 1.99 59700.00 4/25/07
MN 2580422 90.00 4/25/97
55306 0
7.5%
6906 IVISON ROAD
BYRON 120 0.99 $18,991.31
NY 2580423 79.00 116 20000.00 4/30/97
14422 0 12:00 AM
7.5%
44 HURTLE AVENUE 120 $27,274.23
WORCESTER 116 0.99 27300.00 4/17/07
MA 2580424 80.00 4/23/97
01604 0
7.5%
PACIFICA CA 120 $3,953.27
UNKNW 116 0.99 20000.00 4/28/07
CA 2580425 75.00 4/30/97
94044 0
7.5%
2008 TAFT AVENUE 120 $9,473.62
BERKELEY 116 0.99 19600.00 4/28/07
IL 2580426 80.00 4/28/97
60163 0
7.5%
1176 WEST VALLEY VIEW 120 $11,975.51
LARKSPUR 116 0.99 12000.00 4/30/07
CO 2580427 66.00 4/30/97
80118 0
7.5%
BOX 2309 HALLS POND ROAD 120 $13,885.85
SALEM 116 0.99 25000.00 4/30/07
NY 2580428 53.00 4/30/97
12865 0
7.5%
18 TICE ROAD 120 $7,219.02
HEWITT 116 0.99 75000.00 4/30/07
NJ 2580429 65.00 4/30/97
07421 0
7.5%
750 FAIRFIELD LANE 120 $14,697.89
ALGONQUIN 116 0.99 24500.00 4/30/07
IL 2580430 53.00 4/30/97
60102 0
7.5%
7458 SANTA BARBARA DRIVE 120 $25,114.46
ROHNERT PARK 116 1.99 25600.00 4/30/07
CA 2580431 90.00 4/30/97
94928 0
7.5%
37829 CARPATHIA 120 $27,621.74
STERLING 116 0.99 95100.00 4/29/07
MI 2580432 80.00 4/29/97
48310 0
7.5%
WATERFOR MI 120 $17,000.00
UNKNW 116 1.99 17000.00 4/30/07
MI 2580433 90.00 4/30/97
48329 0
7.5%
4514 S. SKIPWORTH ROAD
SPOKANE 120 4.00 $11,134.13
WA 2580434 10.00 117 14800.00 5/5/97
99206 0 12:00 AM
7.22%
953 PINES TERRACE 120 $29,142.91
FRANKLIN LAKES 116 1.99 29200.00 4/28/07
NJ 2580435 80.00 4/28/97
07417 0
7.5%
13154 GATEHALL AVENUE 120 $3,008.35
CORONA 116 1.99 10400.00 4/29/07
CA 2580436 90.00 4/29/97
91719 0
7.5%
KEENE NH 120 $11,968.44
UNKNW 116 0.99 15000.00 4/29/07
NH 2580437 64.00 4/29/97
03431 0
7.5%
BRICK NJ 120 $19,450.70
UNKNW 116 0.99 20000.00 4/29/07
NJ 2580438 78.00 4/29/97
08724 0
7.5%
7295 TWIN CANYON 120 $45,189.52
LAMBERTVILLE 116 0.99 45300.00 4/28/07
MI 2580439 90.00 4/28/97
48144 0
7.5%
204 NORTH MAIN STREET 120 $47,482.96
HOLLY SPRINGS 116 0.99 60000.00 4/28/07
NC 2580440 70.00 4/28/97
27540 0
7.5%
1565 BAY FLAT ROAD 120 $39,071.50
BODEGA BAY 116 0.99 40000.00 4/25/07
CA 2580441 53.00 4/26/97
94923 0
7.5%
2075 CLIFFVIEW DRIVE 120 $14,857.00
SAINT PAUL 116 1.99 15000.00 4/30/07
MN 2580442 83.00 4/30/97
55122 0
7.5%
3501 DAYTONA AVENUE 120 $19,837.91
CINCINNATI 116 0.99 25000.00 4/30/07
OH 2580443 77.00 4/30/97
45211 0
7.5%
3329 KEMPTOWN CHURCH 120 $16,544.85
MONROVIA 116 0.99 25200.00 4/28/07
MD 2580444 76.00 4/29/97
21770 0
7.5%
NEW OXFORD PA
UNKNW 120 0.99 $13,681.37
PA 2580445 65.00 116 20000.00 4/30/97
17350 0 12:00 AM
7.5%
4640 PICKERING ROAD 120 $156,296.43
BLOOMFIELD 116 0.99 157100.00 4/30/07
MI 2580446 80.00 4/30/97
48301 0
7.5%
4 SPRINGDALE ROAD 120 $6,574.09
LEXINGTON 116 0.99 75000.00 4/28/07
MA 2580447 50.00 4/28/97
02173 0
7.5%
POINCIAN FL 120 $6,441.34
UNKNW 116 1.99 10000.00 4/28/07
FL 2580448 90.00 4/28/97
34759 0
7.5%
3033 S E 3RD STREET 120 $26,436.87
GRESHAM 116 0.99 30000.00 4/28/07
OR 2580449 53.00 4/28/97
97080 0
7.5%
NOGALES AZ 120 $50,157.71
UNKNW 116 0.99 50300.00 4/28/07
AZ 2580450 80.00 4/28/97
85621 0
7.5%
47109 YARMOUTH DRIVE 120 $29,161.25
CANTON 116 0.99 35000.00 4/26/07
MI 2580451 69.00 4/28/97
48188 0
7.5%
12995 BROILI DRIVE 120 $42,095.00
RENO 116 0.99 62000.00 4/28/07
NV 2580452 80.00 4/28/97
89511 0
7.5%
7525 S W 60 STREET 120 $15,277.58
MIAMI 116 0.99 30000.00 4/28/07
FL 2580453 78.00 4/28/97
33143 0
7.5%
GOODLETT TN 120 $14,746.06
UNKNW 116 1.99 15000.00 4/28/07
TN 2580454 85.00 4/28/97
37072 0
7.5%
WATERFOR MI 120 $7,850.21
UNKNW 116 0.99 20000.00 4/28/07
MI 2580455 79.00 4/28/97
48328 0
7.5%
1242 MADRID ROAD
SANTA FE 120 0.99 $12,680.56
NM 2580456 58.00 116 13000.00 4/28/97
87501 0 12:00 AM
7.5%
15413 THOMAS 120 $12,981.50
ALLEN PARK 116 1.99 13000.00 4/28/07
MI 2580457 90.00 4/28/97
48101 0
7.5%
20215 FLORAL AVE. 120 $6,392.10
LIVONIA 116 1.99 26500.00 4/28/07
MI 2580458 90.00 4/28/97
48152 0
7.5%
7950 DEERWOOD DRIVE 120 $12,816.69
PALOS PARK 116 0.99 25000.00 4/26/07
IL 2580459 69.00 4/26/97
60464 0
7.5%
288 EAST 10TH STREET 120 $14,132.00
OSWEGO 116 0.99 15000.00 4/26/07
NY 2580460 79.00 4/26/97
13126 0
7.5%
23118 DOLOROSA STREET 120 $58,823.36
WOODLAND HILLS 116 0.99 100000.00 4/26/07
CA 2580461 78.00 4/26/97
91367 0
7.5%
101 TORY ROAD 120 $4,271.16
TOLLAND 116 0.99 60000.00 4/26/07
CT 2580462 44.00 4/26/97
06084 0
7.5%
412 WHITE OAK TRACE 120 $11,895.24
SPRING HILL 115 1.99 18000.00 3/26/07
TN 2580463 90.00 3/26/97
37174 0
7.5%
1016 PROPP AVENUE 120 $15,500.23
FRANKLIN 116 0.99 30000.00 4/23/07
NY 2580464 71.00 4/26/97
11010 0
7.5%
340 VALLEYVIEW DRIVE 120 $26,852.23
FENTON 116 0.99 30000.00 4/26/07
MI 2580465 80.00 4/26/97
48430 0
7.5%
5006 HACKAMORE COURT 120 $6,300.00
COLORADO 116 0.99 15000.00 4/26/07
CO 2580466 44.00 4/26/97
80918 0
7.5%
6097 COUNTY ROAD 54
KILLEN 120 1.99 $14,697.20
AL 2580467 90.00 116 15000.00 4/17/97
35645 0 12:00 AM
7.5%
WOODBRID VA 120 $7,515.01
UNKNW 116 1.99 14700.00 4/28/07
VA 2580468 83.00 4/28/97
22193 0
7.5%
MENDON NY 120 $19,465.50
UNKNW 116 0.99 30000.00 4/28/07
NY 2580469 68.00 4/28/97
14472 0
7.5%
QUEENS VILLAGE NY 120 $23,058.93
UNKNW 116 0.99 23000.00 4/28/07
NY 2580470 20.00 4/28/97
11429 0
7.5%
TEMECULA CA 120 $16,891.08
UNKNW 116 1.99 16900.00 4/25/07
CA 2580471 90.00 4/25/97
92591 0
7.5%
SPRINGVI CA 120 $25,888.20
UNKNW 116 1.99 34000.00 4/18/07
CA 2580472 89.00 4/25/97
93265 0
7.5%
COOKE CITY MT 120 $26,322.71
UNKNW 116 0.99 30000.00 4/25/07
MT 2580473 56.00 4/25/97
59020 0
7.5%
110 HILLSIDE DRIVE 120 $47,537.84
HUEYTOWN 116 0.99 50000.00 4/23/07
AL 2580474 69.00 4/23/97
35023 0
7.5%
BRISTOL VT 120 $10,897.63
UNKNW 116 1.99 12600.00 4/25/07
VT 2580475 90.00 4/25/97
05443 0
7.5%
3242 LAKE PLEASANT ROAD 120 $60,000.00
OSSEO 116 1.99 60000.00 4/25/07
MI 2580476 55.00 4/25/97
49266 0
7.5%
45301 BROWNELL 120 $58,401.48
UTICA 116 0.99 60000.00 4/23/07
MI 2580477 52.00 4/23/97
48317 0
7.5%
20636 EMMETT AVENUE
TAYLOR 120 1.99 $12,156.62
MI 2580478 90.00 116 12400.00 4/25/97
48180 0 12:00 AM
7.5%
8206 INDIGO COURT N. E. 120 $40,551.13
ALBUQUERQUE 116 1.99 40800.00 4/25/07
NM 2580479 83.00 4/25/97
87122 0
7.5%
COMSTOCK PARK MI 120 $11,960.78
UNKNW 116 0.99 20000.00 4/25/07
MI 2580480 44.00 4/25/97
49321 0
7.5%
8200 BELLEVUE STREET 120 $33,498.76
GROSSE ILE 116 0.99 50000.00 4/26/07
MI 2580481 76.00 4/26/97
48138 0
7.5%
10699 CAMBAY DRIVE 120 $14,389.09
BOYNTON BEACH 116 0.99 15000.00 4/24/07
FL 2580482 81.00 4/24/97
33437 0
7.5%
1650 OAKWOOD 120 $26,861.12
ORTONVILLE 116 0.99 30000.00 4/23/07
MI 2580483 79.00 4/24/97
48462 0
7.5%
MILL VALLEY CA 120 $100,841.14
UNKNW 116 0.99 101000.00 4/23/07
CA 2580484 34.00 4/24/97
94941 0
7.5%
840 COLEHERNE RD. 120 $29,250.00
COLLIERVILLE 116 1.99 30000.00 4/24/07
TN 2580485 90.00 4/24/97
38017 0
7.5%
FREEHOLD NJ 120 $64,358.72
UNKNW 116 0.99 65000.00 4/25/07
NJ 2580486 78.00 4/25/97
07728 0
7.5%
13219 SW 85TH STREET ROAD 120 $28,175.74
MIAMI 116 1.99 43000.00 4/25/07
FL 2580487 86.00 4/25/97
33183 0
7.5%
36 ELM STREET 120 $6,113.00
NORTH UXBRIDGE 116 1.99 10600.00 4/25/07
MA 2580488 90.00 4/25/97
01538 0
7.5%
WASHINGT TWP. NJ
UNKNW 120 0.99 $16,166.37
NJ 2580489 65.00 116 20000.00 4/11/97
07675 0 12:00 AM
7.5%
CANTON OH 120 $12,287.58
UNKNW 116 1.99 13700.00 4/25/07
OH 2580490 90.00 4/25/97
44707 0
7.5%
1453 MONTEREY LANE 120 $16,800.00
JANESVILLE 116 1.99 16800.00 4/25/07
WI 2580491 81.00 4/25/97
53546 0
7.5%
COLUMBUS MS 120 $4,950.00
UNKNW 116 1.99 11000.00 4/25/07
MS 2580492 84.00 4/25/97
39702 0
7.5%
6135 N. GENESEE RD. 120 $10,035.90
FLINT 116 0.99 32000.00 4/18/07
MI 2580493 48.00 4/18/97
48506 0
7.5%
1200 S BROADWAY 120 $35,099.69
ADA 116 0.99 75000.00 4/25/07
OK 2580494 79.00 4/25/97
74820 0
7.5%
GRAND JUNCTIO CO 120 $23,722.44
UNKNW 116 0.99 25000.00 4/24/07
CO 2580495 57.00 4/24/97
81501 0
7.5%
DOVER TOWNSHIP NJ 120 $12,162.78
UNKNW 116 0.99 35000.00 4/24/07
NJ 2580496 43.00 4/24/97
08753 0
7.5%
3101 SUNBURY COURT 120 $9,248.71
ROCHESTER 116 1.99 15000.00 4/24/07
MI 2580497 84.00 4/24/97
48309 0
7.5%
863 SURF STREET 120 $7,476.37
LINDENHURST 116 0.99 30000.00 4/23/07
NY 2580498 79.00 4/23/97
11757 0
7.5%
11901 ROCKING HORSE ROAD 120 $41,103.11
ROCKVILLE 116 1.99 42000.00 4/22/07
MD 2580499 90.00 4/22/97
20852 0
7.5%
FREMONT CA
UNKNW 120 1.99 $24,234.76
CA 2580500 88.00 116 32200.00 4/14/97
94536 0 12:00 AM
7.5%
71 OLD POST ROAD 120 $18,863.33
FREEHOLD 116 0.99 30000.00 4/24/07
NJ 2580501 72.00 4/24/97
07728 0
7.5%
SHANDAKE NY 120 $11,441.13
UNKNW 116 1.99 12000.00 4/24/07
NY 2580502 90.00 4/24/97
12480 0
7.5%
ROSCOMMO MI 120 $10,385.39
UNKNW 116 0.99 12000.00 4/24/07
MI 2580503 70.00 4/24/97
48653 0
7.5%
EAST STROUDSBURG PA 120 $94,350.35
UNKNW 116 0.99 95000.00 4/24/07
PA 2580504 80.00 4/24/97
18301 0
7.5%
GRAND RAPIDS MI 120 $30,000.00
UNKNW 116 1.99 30000.00 4/24/07
MI 2580505 89.00 4/24/97
49546 0
7.5%
PLYMOUTH MI 120 $7,933.33
UNKNW 116 0.99 15000.00 4/24/07
MI 2580506 10.00 4/24/97
48170 0
7.5%
28 CLIFF ST. 120 $49,940.84
NEW YORK 116 1.99 50400.00 4/28/07
NY 2580507 90.00 4/28/97
10038 0
7.5%
6609 LOCH MOOR COURT 120 $17,734.34
CLARKSTON 116 0.99 47100.00 4/22/07
MI 2580508 80.00 4/22/97
48346 0
7.5%
37885 MALLAST 120 $1,960.00
HARRISON 116 0.99 10000.00 4/17/07
MI 2580509 61.00 4/17/97
48045 0
7.5%
46 SOUTHGATE DRIVE 120 $2,759.44
TROY 116 0.99 52000.00 4/21/07
MO 2580510 80.00 4/21/97
63379 0
7.5%
FULLERTO CA
UNKNW 120 1.99 $35,171.65
CA 2580511 87.00 116 50000.00 4/23/97
92835 0 12:00 AM
7.5%
6339 E CARPENTER RD 120 $20,877.38
FLINT 116 0.99 23000.00 4/23/07
MI 2580512 80.00 4/23/97
48506 0
7.5%
SCOTTSDA AZ 120 $44,000.00
UNKNW 116 0.99 100000.00 4/23/07
AZ 2580513 20.00 4/23/97
85259 0
7.5%
CLARKSVI TN 120 $27,545.94
UNKNW 116 0.99 50000.00 4/24/07
TN 2580514 65.00 4/24/97
37043 0
7.5%
PERRY MI 120 $10,016.88
UNKNW 116 0.99 10000.00 4/24/07
MI 2580515 79.00 4/24/97
48872 0
7.5%
SAINT CLAIR SHORES MI 120 $17,904.66
UNKNW 116 0.99 25000.00 4/21/07
MI 2580516 32.00 4/22/97
48081 0
7.5%
PALMYRA NY 120 $28,336.00
UNKNW 116 0.99 30000.00 4/24/07
NY 2580517 30.00 4/24/97
14522 0
7.5%
81 FORESTVIEW DRIVE 120 $62,783.20
DEPEW 116 0.99 82000.00 4/24/07
NY 2580518 80.00 4/24/97
14043 0
7.5%
392 TINY LANE 120 $20,624.56
EL CAJON 116 0.99 38400.00 4/23/07
CA 2580519 80.00 4/23/97
92019 0
7.5%
608 SHEFFIELD DRIVE 120 $13,233.13
SILER CITY 116 0.99 15000.00 4/12/07
NC 2580520 35.00 4/16/97
27344 0
7.5%
SAN JOSE CA 120 $2,647.00
UNKNW 116 0.99 50000.00 4/28/07
CA 2580521 52.00 4/28/97
95133 0
7.5%
4436 NEWBERRY
WAYNE 120 1.99 $37,812.92
MI 2580522 89.00 116 59600.00 4/23/97
48184 0 12:00 AM
7.5%
13212 S E 26TH STREET 120 $11,580.61
VANCOUVER 116 4.00 20000.00 4/28/07
WA 2580523 84.00 4/28/97
98683 0
7.22%
CHICAGO IL 120 $1,863.07
UNKNW 116 0.99 10200.00 4/18/07
IL 2580524 77.00 4/18/97
60629 0
7.5%
40490 SR 517 120 $24,913.37
LISBON 116 0.99 25000.00 4/23/07
OH 2580525 80.00 4/23/97
44432 0
7.5%
36418 PELO ROAD 120 $23,396.87
CLAYTON 116 0.99 25000.00 4/23/07
NY 2580526 71.00 4/23/97
13624 0
7.5%
2920 IROQUIOS DRIVE 120 $29,094.18
THOMPSONS 116 1.99 30500.00 4/15/07
TN 2580527 90.00 4/15/97
37179 0
7.5%
CLEARLAK OAKS CA 120 $17,922.04
UNKNW 116 1.99 18800.00 4/23/07
CA 2580528 90.00 4/23/97
95423 0
7.5%
319 WEST NORTH STREET 120 $9,063.97
SMYRNA 116 0.99 21400.00 4/21/07
DE 2580529 80.00 4/23/97
19977 0
7.5%
1 BROMLEY COURT 120 $2,540.24
LAWRENCEVILLE 116 0.99 10000.00 4/15/07
NJ 2580530 78.00 4/15/97
08648 0
7.5%
106 MEADOW COURT 120 $19,694.42
ENGLISHTOWN 116 0.99 30000.00 4/7/07
NJ 2580531 64.00 4/7/97
07726 0
7.5%
48 STANDFORD HILL ROAD 120 $18,457.06
PEMBROKE 116 1.99 19800.00 4/22/07
MA 2580532 90.00 4/22/97
02359 0
7.5%
NORTH HOLLYWOOD CA
UNKNW 120 0.99 $20,209.78
CA 2580533 80.00 116 20000.00 4/22/97
91605 0 12:00 AM
7.5%
31838 VIRGINIA WAY 120 $41,193.97
LAGUNA BEACH 116 1.99 41200.00 4/22/07
CA 2580534 10.00 4/22/97
92651 0
7.5%
SAINT CLAIR SHORES MI 120 $16,258.77
UNKNW 116 0.99 45800.00 4/22/07
MI 2580535 80.00 4/22/97
48081 0
7.5%
3275 BROKEN ARROW ROAD 120 $35,000.00
BORREGO 116 0.99 82700.00 4/23/07
CA 2580536 67.00 4/23/97
92004 0
7.5%
WAUKEGAN IL 120 $12,468.48
UNKNW 116 0.99 50000.00 4/19/07
IL 2580537 77.00 4/21/97
60087 0
7.5%
OAKDALE CA 120 $19,347.54
UNKNW 116 0.99 20000.00 4/20/07
CA 2580538 42.00 4/23/97
95361 0
7.5%
6111 MIDDLE LAKE ROAD 120 $139,216.86
CLARKSTON 116 0.99 140000.00 4/23/07
MI 2580539 73.00 4/23/97
48346 0
7.5%
272 A BOGHT ROAD 120 $10,009.24
WATERVLIET 116 0.99 50000.00 4/16/07
NY 2580540 50.00 4/16/97
12189 0
7.5%
TALLAHAS FL 120 $12,547.50
UNKNW 116 0.99 20000.00 4/18/07
FL 2580541 40.00 4/21/97
32301 0
7.5%
COLUMBUS GA 120 $27,746.56
UNKNW 116 1.99 30000.00 4/14/07
GA 2580542 89.00 4/14/97
31901 0
7.5%
18279 DELAWARE 120 $17,586.99
REDFORD 116 1.99 18000.00 4/21/07
MI 2580543 88.00 4/21/97
48240 0
7.5%
N. ATTLEBORO MA
UNKNW 120 0.99 $7,862.06
MA 2580544 80.00 116 17800.00 4/21/97
02760 0 12:00 AM
7.5%
38 DUTTON ROAD 120 $6,432.92
OXFORD 116 0.99 10000.00 4/21/07
CT 2580545 64.00 4/21/97
06483 0
7.5%
24 E. TENAFLY AVE. 120 $53,237.20
STATEN ISLAND 116 0.99 62400.00 4/21/07
NY 2580546 80.00 4/21/97
10312 0
7.5%
BRIGHTON MI 120 $24,483.19
UNKNW 116 0.99 25000.00 4/21/07
MI 2580547 74.00 4/21/97
48116 0
7.5%
7383 WALLSEND DRIVE 120 $87,221.08
RENO 116 0.99 90000.00 4/21/07
NV 2580548 72.00 4/21/97
89511 0
7.5%
LEE'S SUMMIT MO 120 $14,255.13
UNKNW 116 1.99 14500.00 4/25/07
MO 2580549 88.00 4/25/97
64086 0
7.5%
1007 OSWEGO STREET 120 $12,507.67
TAMA 116 1.99 12800.00 4/21/07
IA 2580550 90.00 4/21/97
52339 0
7.5%
16 BELMONT CIRCLE 120 $24,129.25
TRENTON 116 1.99 24300.00 4/21/07
NJ 2580551 90.00 4/21/97
08618 0
7.5%
324 W 9TH STREET 120 $19,963.70
MUNCIE 116 0.99 20000.00 4/22/07
IN 2580552 80.00 4/22/97
47302 0
7.5%
10905 CONSTITUTION NE 120 $35,941.04
ALBUQUERQUE 116 0.99 38300.00 4/22/07
NM 2580553 40.00 4/22/97
87112 0
7.5%
SOUTHFIE MI 120 $33,096.63
UNKNW 116 0.99 47200.00 4/22/07
MI 2580554 80.00 4/22/97
48034 0
7.5%
2619 ALAMEDA STREET
CEDAR FALLS 120 1.99 $8,354.05
IA 2580555 90.00 116 24900.00 4/18/97
50613 0 12:00 AM
7.5%
345 LINDA KAY LANE 120 $47,250.56
ORTONVILLE 116 0.99 50000.00 4/19/07
MI 2580556 80.00 4/19/97
48462 0
7.5%
9866 S. CLINTON TRAIL 120 $15,538.26
EATON RAPIDS 116 1.99 15400.00 4/19/07
MI 2580557 90.00 4/19/97
48827 0
7.5%
3042 SHAWNEE LANE 120 $35,065.37
WATERFORD 116 1.99 36000.00 4/15/07
MI 2580558 89.00 4/15/97
48329 0
7.5%
1588 SMILEY DRIVE 120 $9,909.47
NEW WINDSOR 116 1.99 15000.00 4/14/07
MD 2580559 90.00 4/14/97
21776 0
7.5%
BIRMINGH AL 120 $61,868.56
UNKNW 116 0.99 85000.00 4/19/07
AL 2580560 71.00 4/21/97
35213 0
7.5%
20 BEECHWOOD DRIVE 120 $36,271.39
CRANSTON 116 0.99 50000.00 4/18/07
RI 2580561 71.00 4/21/97
02921 0
7.5%
6326 PABLO COURT 120 $11,056.17
CHINO 116 1.99 15000.00 4/21/07
CA 2580562 84.00 4/21/97
91710 0
7.5%
1506 BRANCH OWL PLACE 120 $32,396.38
SANTA ROSA 116 1.99 32400.00 4/9/07
CA 2580563 89.00 4/9/97
95409 0
7.5%
12975 27 MILE ROAD 120 $63,171.24
WASHINGTON 116 0.99 80000.00 4/21/07
MI 2580564 84.00 4/21/97
48094 0
7.5%
CLARKSTO MI 120 $24,622.04
UNKNW 116 0.99 30000.00 4/21/07
MI 2580565 43.00 4/21/97
48346 0
7.5%
LOS OSOS CA
UNKNW 120 0.99 $6,159.77
CA 2580566 74.00 116 10000.00 4/21/97
93402 0 12:00 AM
7.5%
3183 NORTH LAKEVIEW 120 $21,518.89
SANFORD 116 0.99 85000.00 4/19/07
MI 2580567 79.00 4/19/97
48657 0
7.5%
2434 NORTH ALAMO 120 $1,759.69
MESA 116 0.99 100000.00 4/19/07
AZ 2580568 75.00 4/19/97
85213 0
7.5%
PHOENIX AZ 120 $14,437.20
UNKNW 116 1.99 25100.00 4/19/07
AZ 2580569 93.00 4/19/97
85044 0
7.5%
STOCKTON CA 120 $20,681.92
UNKNW 116 0.99 30000.00 4/18/07
CA 2580570 74.00 4/18/97
95219 0
7.5%
6 RIDGEVIEW AVENUE 120 $28,002.94
SALEM 116 0.99 30000.00 4/19/07
NH 2580571 71.00 4/19/97
03079 0
7.5%
111 BUTLER STREET 120 $29,342.12
WEST WYOMING 116 0.99 30000.00 4/19/07
PA 2580572 62.00 4/19/97
18644 1
7.5%
2925 WEST 17TH AVENUE 120 $15,788.31
SPOKANE 116 4.00 45900.00 4/18/07
WA 2580573 80.00 4/24/97
99224 0
7.22%
ROSSVILL GA 120 $27,124.12
UNKNW 116 1.99 28000.00 4/19/07
GA 2580574 87.00 4/19/97
30741 0
7.5%
5060 TAXI LANE 120 $11,710.04
PLACERVILLE 116 0.99 30000.00 4/17/07
CA 2580575 80.00 4/17/97
95667 0
7.5%
6023 S. MAJOR AVENUE 120 $10,249.17
CHICAGO 116 0.99 15000.00 4/19/07
IL 2580576 77.00 4/19/97
60638 0
7.5%
5772 INDEPENDENCE LANE
W BLOOMFIELD 120 0.99 $18,975.64
MI 2580577 80.00 116 20200.00 4/19/97
48322 0 12:00 AM
7.5%
DENVER CO 120 $25,784.05
UNKNW 116 0.99 28100.00 4/19/07
CO 2580578 80.00 4/19/97
80220 0
7.5%
4 SIX PENNEY LANE 120 $16,395.78
DENNIS 116 0.99 18400.00 4/18/07
MA 2580579 80.00 4/18/97
02638 0
7.5%
2722 THE FONTAINEBLEAU, 120 $15,906.93
ATLANTA 116 1.99 30000.00 4/18/07
GA 2580580 87.00 4/18/97
30331 0
7.5%
2620 ORMSBY DRIVE 120 $31,179.18
STERLING 116 0.99 47900.00 4/11/07
MI 2580581 80.00 4/11/97
48310 0
7.5%
7815 W. 101ST PLACE 120 $21,230.45
PALOS HILLS 116 0.99 50000.00 4/15/07
IL 2580582 46.00 4/15/97
60465 0
7.5%
25577 TAMARISK DRIVE 120 $14,844.92
MADERA 116 0.99 20000.00 4/12/07
CA 2580583 80.00 4/12/97
93638 0
7.5%
3520 TIVOLA STREET 120 $31,000.00
SANTA YNEZ 116 1.99 31000.00 4/15/07
CA 2580584 84.00 4/23/97
93460 0
7.5%
128 HELENE AVENUE 120 $2,350.00
ROYAL OAK 116 1.99 15200.00 4/18/07
MI 2580585 90.00 4/18/97
48067 0
7.5%
6491 PINE VALLEY ROAD 120 $52,005.83
CLARKSTON 116 0.99 61900.00 4/18/07
MI 2580586 80.00 4/18/97
48346 0
7.5%
FERNDALE MI 120 $2,696.49
UNKNW 116 1.99 12700.00 4/18/07
MI 2580587 90.00 4/18/97
48220 0
7.5%
13481 IROQUOIS WOODS
FENTON 120 1.99 $6,629.42
MI 2580588 82.00 116 10000.00 4/18/97
48430 0 12:00 AM
7.5%
NAPPANEE IN 120 $8,670.02
UNKNW 116 1.99 11500.00 4/19/07
IN 2580589 88.00 4/19/97
46550 0
7.5%
2938 DARTMOUTH DRIVE 120 $43,182.91
JANEVILLE 116 0.99 43300.00 4/19/07
WI 2580590 80.00 4/19/97
53545 0
7.5%
3205 BRANDON STREET 120 $22,112.02
FLINT 116 0.99 35200.00 4/11/07
MI 2580591 80.00 4/18/97
48503 0
7.5%
10 BEAUMONT STREET 120 $47,274.76
DORCHESTER 116 1.99 50000.00 4/18/07
MA 2580592 88.00 4/18/97
02124 0
7.5%
15099 RIDGEWOOD AVENUE 120 $13,092.22
PRAIRIEVILLE 116 0.99 20000.00 4/11/07
LA 2580593 80.00 4/11/97
70769 0
7.5%
SEMINOLE FL 120 $7,692.50
UNKNW 116 0.99 10000.00 4/18/07
FL 2580594 77.00 4/18/97
33777 0
7.5%
4842 WATER STREET 120 $10,931.20
COLUMBIAVILLE 116 0.99 16000.00 4/11/07
MI 2580595 78.00 4/11/97
48421 0
7.5%
12415 WINDSWEPT AVENUE 120 $13,214.11
RIVERVIEW 116 0.99 15000.00 4/18/07
FL 2580596 66.00 4/18/97
33569 0
7.5%
213 BEAR CREEK ROAD 120 $7,000.00
ANDOVER 116 1.99 45000.00 4/18/07
NJ 2580597 86.00 4/18/97
07821 0
7.5%
4268 WINTHROP ROAD 120 $25,462.21
PLACERVILLE 116 1.99 27800.00 4/15/07
CA 2580598 90.00 4/15/97
95667 0
7.5%
64675 EAST VIA AFORTUNADO
TUCSON 120 0.99 $100,000.00
AZ 2580599 91.00 116 100000.00 4/18/97
85739 0 12:00 AM
7.5%
43993 BANNOCKBURN 120 $20,483.97
CANTON 116 1.99 77900.00 4/11/07
MI 2580600 90.00 4/11/97
48187 0
7.5%
BRENTWOO CA 120 $39,499.86
UNKNW 116 1.99 40000.00 4/15/07
CA 2580601 89.00 4/15/97
94513 0
7.5%
15 EVERGREEN FARMS ROAD 120 $6,560.01
SCARBOROUGH 116 1.99 50000.00 4/18/07
ME 2580602 89.00 4/18/97
04074 0
7.5%
PHOENIX AZ 120 $15,589.84
UNKNW 116 0.99 25100.00 4/10/07
AZ 2580603 66.00 4/17/97
85051 0
7.5%
600 PATTEN AVE. 120 $29,984.93
OCEANSIDE 116 1.99 30000.00 4/17/07
NY 2580604 90.00 4/17/97
11572 0
7.5%
9748 PINEWOOD AVENUE 120 $28,100.00
TUJUNGA 116 1.99 28100.00 4/22/07
CA 2580605 90.00 4/22/97
91042 0
7.5%
1856 CENTER STREET 120 $4,955.65
LEE CENTER 116 0.99 12000.00 4/16/07
IL 2580606 80.00 4/16/97
61331 0
7.5%
18 BRIDLE LANE 120 $10,214.20
SEWELL 116 0.99 30000.00 4/17/07
NJ 2580607 57.00 4/17/97
08080 0
7.5%
EATON RAPIDS MI 120 $686.52
UNKNW 116 1.99 10000.00 4/17/07
MI 2580608 86.00 4/17/97
48827 0
7.5%
360 S. WAVERLY ROAD 120 $9,567.97
EATON RAPIDS 116 1.99 154800.00 4/14/07
MI 2580609 90.00 4/14/97
48827 0
7.5%
3297 WEST LAS POSITAS
PLEASANTON 120 0.99 $24,615.78
CA 2580610 80.00 116 25000.00 4/17/97
00000 0 12:00 AM
7.5%
3769 CARD ROAD 120 $30,613.73
YORKSHIRE 116 1.99 30900.00 4/17/07
NY 2580611 90.00 4/17/97
14042 0
7.5%
3657 COLEPORT 120 $11,481.00
ORION 116 1.99 11800.00 4/18/07
MI 2580612 90.00 4/18/97
48359 0
7.5%
233 SHERWIN STREET 120 $49,600.39
MAMMOTH LAKES 116 1.99 50000.00 4/15/07
CA 2580613 85.00 4/17/97
93546 0
7.5%
2226 RIDGE ROAD 120 $7,167.89
RANSOMVILLE 116 0.99 80000.00 4/18/07
NY 2580614 73.00 4/18/97
14131 0
7.5%
7841 HOLLY CREEK LANE 120 $43,995.89
INDIANAPOLIS 116 1.99 44000.00 4/16/07
IN 2580615 86.00 4/16/97
46240 0
7.5%
4415 DECKERLAND DRIVE 120 $13,952.00
WEST 116 1.99 50000.00 4/14/07
MI 2580616 87.00 4/14/97
48323 0
7.5%
279 EDGE OF WOODS ROAD 120 $49,638.71
SOUTHAMPTON 116 0.99 60000.00 4/11/07
NY 2580617 41.00 4/17/97
11968 0
7.5%
HOLLYWOO FL 120 $12,417.94
UNKNW 116 0.99 20000.00 4/16/07
FL 2580618 39.00 4/17/97
33020 0
7.5%
127 MARTHA COURT 120 $10,027.00
CORRALES 116 0.99 63400.00 4/17/07
NM 2580619 80.00 4/17/97
87048 0
7.5%
ST CLAIR SHORES MI 120 $37,952.01
UNKNW 116 0.99 38000.00 4/17/07
MI 2580620 79.00 4/17/97
48082 0
7.5%
MANCHEST ME
UNKNW 120 1.99 $14,804.90
ME 2580621 90.00 116 16300.00 4/17/97
04351 0 12:00 AM
7.5%
LYNWOOD CA 120 $13,982.21
UNKNW 116 1.99 15000.00 4/17/07
CA 2580622 83.00 4/17/97
90262 0
7.5%
PHILADEL PA 120 $46,871.93
UNKNW 116 0.99 50000.00 4/17/07
PA 2580623 72.00 4/17/97
19153 0
7.5%
755 PAVILION DRIVE 120 $35,967.52
FAIRFIELD 116 1.99 36000.00 4/22/07
CA 2580624 89.00 4/22/97
94585 0
7.5%
LAKE ORION MI 120 $2,691.65
UNKNW 116 0.99 10000.00 4/16/07
MI 2580625 24.00 4/16/97
48362 0
7.5%
EL CERRITO CA 120 $40,112.00
UNKNW 116 0.99 45200.00 4/17/07
CA 2580626 59.00 4/17/97
94530 0
7.5%
AYER MA 120 $26,234.36
UNKNW 116 0.99 50000.00 4/16/07
MA 2580627 61.00 4/16/97
01432 0
7.5%
552 BAR DRIVE 120 $16,525.27
POINCIANA 116 0.99 25000.00 4/15/07
FL 2580628 80.00 4/15/97
34759 0
7.5%
1371 ST. PAUL ROAD 120 $13,765.27
BALLWIN 116 1.99 21000.00 4/11/07
MO 2580629 90.00 4/11/97
63021 0
7.5%
DETROIT MI 120 $7,637.13
UNKNW 116 0.99 10000.00 4/16/07
MI 2580630 80.00 4/16/97
48227 0
7.5%
1980 NIDERER ROAD 120 $31,000.00
PASO ROBLES 116 0.99 50000.00 4/8/07
CA 2580631 54.00 4/9/97
93446 0
7.5%
10515 TROPHY COURT
BAKERSFIELD 120 1.99 $27,984.73
CA 2580632 85.00 116 28000.00 4/16/97
93312 0 12:00 AM
7.5%
905 WEST 100 NORTH 120 $26,066.54
FRANKLIN 116 0.99 30000.00 4/16/07
IN 2580633 80.00 4/16/97
46131 0
7.5%
FALMOUTH MA 120 $48,680.00
UNKNW 116 0.99 100000.00 4/16/07
MA 2580634 33.00 4/16/97
02536 0
7.5%
951 KENILWORTH COURT 120 $17,299.28
WALNUT CREEEK 116 1.99 30000.00 4/15/07
CA 2580635 85.00 4/15/97
94596 0
7.5%
1124 HAROLD CIRCLE 120 $29,388.38
ANN ARBOR 116 0.99 35000.00 4/15/07
MI 2580636 68.00 4/15/97
48103 0
7.5%
13194 AVENIDA DEL GENERAL 120 $30,312.43
SAN DIEGO 116 1.99 40000.00 4/16/07
CA 2580637 90.00 4/16/97
92129 0
7.5%
WEST WARWICK RI 120 $12,997.21
UNKNW 116 1.99 13500.00 4/16/07
RI 2580638 90.00 4/16/97
02893 0
7.5%
3890 LONG MEADOW LANE 120 $17,302.77
ORION 116 0.99 45000.00 4/15/07
MI 2580639 84.00 4/15/97
48359 0
7.5%
8 WILDWOOD COURT 120 $36,513.93
FLEMINGTON 116 0.99 60000.00 4/10/07
NJ 2580640 58.00 4/10/97
08822 0
7.5%
4046 HUDSON AVENUE 120 $15,388.97
SEAFORD 116 1.99 30000.00 4/15/07
NY 2580641 89.00 4/15/97
11783 0
7.5%
12224 STEPHANE 120 $42,400.00
SHELBY 116 1.99 42400.00 4/15/07
MI 2580642 90.00 4/15/97
48315 0
7.5%
FRANKLIN LAKES NJ
UNKNW 120 0.99 $141,596.08
NJ 2580643 58.00 116 161000.00 4/15/97
07417 0 12:00 AM
7.5%
3959 E MALLARD DRIVE 120 $41,548.55
HIGHLANDS 116 0.99 67000.00 4/15/07
CO 2580644 80.00 4/15/97
80126 0
7.5%
1333 FAIRLAWN WAY 120 $79,500.00
PASADENA 116 0.99 79500.00 4/15/07
CA 2580645 79.00 4/15/97
91105 0
7.5%
DETROIT MI 120 $19,500.00
UNKNW 116 1.99 19500.00 4/15/07
MI 2580646 90.00 4/15/97
48223 0
7.5%
21 WILSON AVE. 120 $19,823.32
CONCORD 116 1.99 24600.00 4/8/07
NH 2580647 90.00 4/12/97
03301 0
7.5%
701 BRIAN AVENUE 120 $22,135.57
SCHAUMBURG 116 0.99 40000.00 4/10/07
IL 2580648 49.00 4/10/97
60194 0
7.5%
1545 TIONONTATI 120 $23,167.61
TAHOE PARIDISE 116 0.99 60000.00 4/10/07
CA 2580649 63.00 4/16/97
96150 0
7.5%
ABERDEEN WA 120 $27,162.09
UNKNW 116 4.00 32000.00 4/16/07
WA 2580650 80.00 4/21/97
98520 0
7.22%
26 RICHFIELD ST. 120 $28,300.00
PLAINVIEW 116 1.99 28300.00 4/15/07
NY 2580651 90.00 4/15/97
11803 0
7.5%
COLUMBIA SC 120 $23,936.11
UNKNW 116 1.99 24200.00 4/14/07
SC 2580652 90.00 4/14/97
29212 0
7.5%
ROYAL OAK MI 120 $6,084.70
UNKNW 116 1.99 10000.00 4/14/07
MI 2580653 90.00 4/14/97
48067 0
7.5%
LOS ANGELES CA
UNKNW 120 1.99 $31,048.78
CA 2580654 85.00 116 32000.00 4/14/97
90043 0 12:00 AM
7.5%
5608 MARTYS HILL PLACE 120 $13,445.88
FORT WAYNE 116 1.99 18200.00 4/14/07
IN 2580655 90.00 4/14/97
46815 0
7.5%
PARSIPPA NJ 120 $12,150.41
UNKNW 116 0.99 15000.00 4/14/07
NJ 2580656 77.00 4/14/97
07054 0
7.5%
18651 BIRWOOD 120 $16,400.00
DETROIT 116 1.99 16400.00 4/14/07
MI 2580657 90.00 4/14/97
48221 0
7.5%
43363 CASTLE PARK COURT 120 $2,621.55
FREMONT 116 1.99 11400.00 4/8/07
CA 2580658 85.00 4/8/97
94538 0
7.5%
1714 CONTINENTAL ACCESS 120 $6,051.16
CEDAR FALLS 116 0.99 32500.00 4/14/07
IA 2580659 80.00 4/14/97
50613 0
7.5%
HAMBURG PA 120 $11,755.28
UNKNW 116 0.99 16000.00 4/12/07
PA 2580660 80.00 4/12/97
19526 0
7.5%
702 FLORENCE AVENUE 120 $15,029.64
ROYAL OAK 116 1.99 22800.00 4/14/07
MI 2580661 90.00 4/14/97
48067 0
7.5%
3627 HUTCHINS HILL 120 $11,959.90
WEST 116 0.99 30000.00 4/14/07
MI 2580662 80.00 4/14/97
48322 0
7.5%
DAVISON MI 120 $9,123.98
UNKNW 116 0.99 10100.00 4/12/07
MI 2580663 80.00 4/12/97
48423 0
7.5%
PORTLAND OR 120 $11,800.00
UNKNW 116 0.99 12000.00 4/12/07
OR 2580664 72.00 4/12/97
97216 0
7.5%
HAWLEY PA
UNKNW 120 0.99 $8,867.31
PA 2580665 79.00 116 12000.00 4/12/97
18428 0 12:00 AM
7.5%
10757 SOUTH AVENUE L 120 $29,657.05
CHICAGO 116 1.99 30000.00 4/12/07
IL 2580666 82.00 4/12/97
60617 0
7.5%
EDINA MN 120 $21,457.80
UNKNW 116 0.99 30000.00 4/12/07
MN 2580667 77.00 4/12/97
55424 0
7.5%
MINNEAPO MN 120 $20,000.00
UNKNW 116 0.99 20000.00 4/12/07
MN 2580668 58.00 4/12/97
55430 0
7.5%
SCARBORO ME 120 $19,513.37
UNKNW 116 1.99 45500.00 4/8/07
ME 2580669 90.00 4/12/97
04074 0
7.5%
430 HOLLY COURT 120 $17,853.00
MIDDLETOWN 116 0.99 18000.00 4/11/07
DE 2580670 72.00 4/12/97
19709 0
7.5%
916 DEWEY STREET 120 $9,709.77
ELDORADO 116 0.99 10000.00 4/11/07
IL 2580671 67.00 4/11/97
62930 0
7.5%
ROUTE 1 BOX 287 120 $26,243.97
LAMAR 116 0.99 28200.00 4/11/07
MS 2580672 80.00 4/14/97
38642 0
7.5%
2590 OLD HIGHWAY 99 SOUTH 120 $8,548.87
ASHLAND 116 0.99 15000.00 4/9/07
OR 2580673 69.00 4/14/97
97520 0
7.5%
TOOMSUBA MS 120 $27,853.56
UNKNW 116 0.99 30000.00 4/11/07
MS 2580674 67.00 4/11/97
39364 0
7.5%
1109 SOUTH OAK AVENUE 120 $42,912.30
BROKEN ARROW 116 0.99 45000.00 4/11/07
OK 2580675 80.00 4/11/97
74012 0
7.5%
BEVERLY HILLS CA
UNKNW 120 0.99 $170,000.00
CA 2580676 9.00 116 250000.00 4/11/97
90201 0 12:00 AM
7.5%
6426 SOUTHAMPTON 120 $68,663.97
CLARKSTON 116 1.99 68700.00 4/11/07
MI 2580677 90.00 4/11/97
48346 0
7.5%
LEBANON IN 120 $8,989.68
UNKNW 116 1.99 10000.00 4/11/07
IN 2580678 88.00 4/11/97
46052 0
7.5%
5031 S. BELSAY 120 $6,364.48
GRAND BLANC 116 1.99 36400.00 4/11/07
MI 2580679 90.00 4/11/97
48439 0
7.5%
34811 GLADSTONE PLACE 120 $17,696.82
FREMONT 116 1.99 72500.00 4/10/07
CA 2580680 90.00 4/10/97
94555 0
7.5%
TEWKSBUR MA 120 $14,146.35
UNKNW 116 0.99 20500.00 4/11/07
MA 2580681 79.00 4/11/97
01876 0
7.5%
24094 FOXMOOR BLVD 120 $8,355.66
WOODHAVEN 116 0.99 110200.00 4/11/07
MI 2580682 89.00 4/11/97
48183 0
7.5%
8 WOODDUCK DRIVE 120 $29,695.71
MULLICA HILL 116 0.99 30000.00 4/12/07
NJ 2580683 63.00 4/12/97
08062 0
7.5%
VICKSBUR MS 120 $30,046.46
UNKNW 116 0.99 43000.00 4/12/07
MS 2580684 78.00 4/12/97
39180 0
7.5%
KNOXVILL TN 120 $26,106.98
UNKNW 116 1.99 34200.00 4/7/07
TN 2580685 90.00 4/12/97
37914 0
7.5%
1735 WOODMORE OAKS 120 $15,077.91
MANCHESTER 116 0.99 50000.00 4/12/07
MO 2580686 36.00 4/12/97
63021 0
7.5%
MITCHELL SD
UNKNW 60 1.99 $38,485.97
SD 2580687 90.00 56 38500.00 4/10/97
57301 0 12:00 AM
7.5%
HUDSON IA 120 $1,997.34
UNKNW 116 1.99 10000.00 4/10/07
IA 2580688 90.00 4/10/97
50643 0
7.5%
12 NESBIT DRIVE 120 $39,000.00
BOW 116 1.99 39000.00 4/11/07
NH 2580689 90.00 4/11/97
03304 0
7.5%
5 MORGAN COURT 120 $50,792.86
BURR RIDGE 116 0.99 120000.00 4/10/07
IL 2580690 63.00 4/10/97
60521 0
7.5%
1107 DISCOVERY WAY 120 $40,100.00
CONCORD 116 1.99 40100.00 4/10/07
CA 2580691 90.00 4/10/97
94521 0
7.5%
NEWTON MA 120 $47,782.49
UNKNW 116 0.99 100000.00 4/10/07
MA 2580692 74.00 4/10/97
02159 0
7.5%
MANHASSE NY 120 $46,648.00
UNKNW 116 0.99 50000.00 4/11/07
NY 2580693 72.00 4/11/97
11030 0
7.5%
551 W. MIRAMONT STREET 120 $15,588.86
RIALTO 116 1.99 15600.00 4/11/07
CA 2580694 90.00 4/11/97
92376 0
7.5%
TOLEDO OH 120 $30,956.03
UNKNW 116 0.99 35000.00 4/4/07
OH 2580695 76.00 4/11/97
43611 0
7.5%
4617 ANDREWS DRIVE 120 $14,772.69
WINSTON SALEM 116 1.99 15000.00 4/9/07
NC 2580696 86.00 4/11/97
27106 0
7.5%
2060 OSTRUM DRIVE 120 $9,697.96
WATERFORD 116 0.99 10000.00 4/11/07
MI 2580697 14.00 4/11/97
48328 0
7.5%
TULSA OK
UNKNW 120 0.99 $19,796.21
OK 2580698 69.00 116 20000.00 4/11/97
74133 0 12:00 AM
7.5%
GLADWIN MI 120 $10,776.15
UNKNW 116 0.99 11000.00 4/10/07
MI 2580699 64.00 4/10/97
48624 0
7.5%
9501 LYNNHALL PLACE 120 $33,000.00
ALEXANDRIA 116 0.99 150000.00 4/10/07
VA 2580700 72.00 4/10/97
22309 0
7.5%
4895 N STATE ROAD #55 120 $45,009.77
ATTICA 116 0.99 60000.00 4/10/07
IN 2580701 60.00 4/10/97
47918 0
7.5%
39 RED BANK ROAD 120 $5,022.28
SPOTSWOOD 116 0.99 22700.00 4/10/07
NJ 2580702 80.00 4/10/97
08884 0
7.5%
SUMMERDA AL 120 $11,944.07
UNKNW 116 0.99 12000.00 4/11/07
AL 2580703 69.00 4/11/97
36580 0
7.5%
143 COLOMA WAY 120 $25,000.00
SACRAMENTO 116 1.99 25000.00 4/10/07
CA 2580704 90.00 4/10/97
95819 0
7.5%
2483 FLORY DRIVE 120 $32,612.20
SAN JOSE 116 0.99 50000.00 4/9/07
CA 2580705 79.00 4/9/97
95121 0
7.5%
RR 1 BOX 856 120 $49,853.79
ROCKVILLE 116 0.99 50000.00 4/10/07
IN 2580706 69.00 4/10/97
47872 0
7.5%
241 WEST PLACITA SINFIN 120 $19,984.82
GREEN VALLEY 116 0.99 25100.00 4/4/07
AZ 2580707 66.00 4/10/97
85614 0
7.5%
FREMONT CA 120 $46,627.84
UNKNW 116 0.99 53000.00 4/9/07
CA 2580708 62.00 4/9/97
94539 0
7.5%
2936 CORAL SHORES DRIVE
FT. LAUDERDALE 120 0.99 $23,278.41
FL 2580709 80.00 116 24300.00 4/10/97
33306 0 12:00 AM
7.5%
DEFIANCE OH 120 $34,925.64
UNKNW 116 0.99 60000.00 4/8/07
OH 2580710 57.00 4/10/97
43512 0
7.5%
12014 RUNNING CREEK ROAD 120 $18,893.44
LOUISVILLE 116 1.99 27900.00 4/12/07
KY 2580711 90.00 4/12/97
40243 0
7.5%
324 WILLIE HATCHER 120 $20,997.59
CHINQUAPIN 116 0.99 30000.00 4/9/07
NC 2580712 79.00 4/9/97
28521 0
7.5%
RR2 BOX 4101 120 $20,124.75
TUCKER 116 0.99 22200.00 4/9/07
VT 2580713 75.00 4/9/97
05641 0
7.5%
DUFFY LANE 120 $16,410.63
CANYON CREEK 116 0.99 16500.00 4/9/07
MT 2580714 60.00 4/9/97
59633 0
7.5%
1219 NORTH DYE ROAD 120 $3,674.31
FLINT 116 0.99 30000.00 4/9/07
MI 2580715 41.00 4/9/97
48532 0
7.5%
13120 NORTH 150TH AVENUE 120 $7,968.62
COLLINSVILLE 116 0.99 30000.00 4/9/07
OK 2580716 66.00 4/9/97
74021 0
7.5%
MANDEVIL LA 120 $20,161.00
UNKNW 116 0.99 30000.00 4/9/07
LA 2580717 37.00 4/9/97
70471 0
7.5%
589 LAURA LANE 120 $25,938.16
ORTONVILLE 116 0.99 30000.00 4/9/07
MI 2580718 34.00 4/9/97
48462 0
7.5%
1108 NORTH BARKLEY STREET 120 $19,330.17
MESA 116 0.99 25100.00 4/8/07
AZ 2580719 80.00 4/8/97
85203 0
7.5%
1388 ALMOND
TROY 120 0.99 $35,000.00
MI 2580720 80.00 116 88000.00 4/9/97
48098 0 12:00 AM
7.5%
VALLEJO CA 120 $38,827.47
UNKNW 116 1.99 39000.00 4/3/07
CA 2580721 90.00 4/8/97
94591 0
7.5%
3530 COLLEGE ROAD 120 $12,550.00
OLIVE BRANCH 116 1.99 20000.00 4/9/07
MS 2580722 84.00 4/9/97
38654 0
7.5%
448 SERRA DRIVE 120 $10,612.70
WHITE LAKE 116 0.99 15000.00 4/9/07
MI 2580723 79.00 4/9/97
48386 0
7.5%
932 OAKWOOD COURT 120 $47,905.80
GLEN ELLYN 116 0.99 50000.00 4/9/07
IL 2580724 70.00 4/9/97
60137 0
7.5%
GARDNERV NV 120 $3,161.01
UNKNW 116 0.99 10000.00 4/9/07
NV 2580725 69.00 4/9/97
89418 0
7.5%
CALIFON NJ 120 $21,725.29
UNKNW 116 0.99 100000.00 4/8/07
NJ 2580726 64.00 4/8/97
07830 0
7.5%
6540 N MESA VIEW DRIVE 120 $36,188.63
TUCSON 116 0.99 75000.00 4/8/07
AZ 2580727 67.00 4/8/97
85718 0
7.5%
1 DEERFIELD LANE 120 $1,786.60
WARRENTON 116 0.99 32700.00 4/4/07
MO 2580728 80.00 4/4/97
63383 0
7.5%
50 BELLAMY ROAD 120 $10,000.00
DOVER 116 0.99 25000.00 4/10/07
NH 2580729 61.00 4/10/97
03820 0
7.5%
404 NORTH 11TH STREET 120 $26,349.80
SARATOGA 116 0.99 28000.00 4/4/07
WY 2580730 80.00 4/4/97
82334 0
7.5%
NEWTON NJ
UNKNW 120 0.99 $1,167.62
NJ 2580731 66.00 116 30000.00 4/8/97
07860 0 12:00 AM
7.5%
TURNERSV NJ 120 $30,927.32
UNKNW 116 0.99 32000.00 4/9/07
NJ 2580732 66.00 4/9/97
08012 0
7.5%
7703 24TH AVENUE WEST 120 $24,914.87
BRADENTON 116 0.99 45000.00 4/8/07
FL 2580733 80.00 4/8/97
34209 0
7.5%
252 MCCHESNEY STREET 120 $11,973.14
WILSON 116 1.99 12100.00 4/9/07
NY 2580734 90.00 4/9/97
14172 0
7.5%
TUCSON AZ 120 $64,567.04
UNKNW 116 0.99 85000.00 4/8/07
AZ 2580735 54.00 4/8/97
85749 0
7.5%
79 CALUMET AVENUE 120 $9,108.04
OAKLAND 116 1.99 35300.00 4/8/07
NJ 2580736 90.00 4/8/97
07436 0
7.5%
SALINAS CA 120 $25,488.79
UNKNW 116 0.99 81600.00 4/8/07
CA 2580737 47.00 4/8/97
93906 0
7.5%
296 BLACKHAWK ROAD 120 $24,083.01
RIVERSIDE 116 1.99 50000.00 4/8/07
IL 2580738 90.00 4/8/97
60546 0
7.5%
5742 E. CAMDEN STREET 120 $28,016.06
TUCSON 116 0.99 30000.00 4/2/07
AZ 2580739 74.00 4/8/97
85712 0
7.5%
1236 WELLINGTON DRIVE 120 $6,221.19
CLEARWATER 116 0.99 10000.00 4/8/07
FL 2580740 78.00 4/8/97
34624 0
7.5%
8849 SCENIC BLUFF LANE 120 $25,569.35
WHITE LAKE 116 0.99 41700.00 4/8/07
MI 2580741 80.00 4/8/97
48386 0
7.5%
3502 W. 229TH PLACE
TORRANCE 120 1.99 $32,595.65
CA 2580742 90.00 116 38600.00 4/8/97
90505 0 12:00 AM
7.5%
3916 WALWORTH DRIVE 120 $2,294.82
RICHMOND 116 0.99 10000.00 4/8/07
VA 2580743 61.00 4/8/97
23237 0
7.5%
PAINESVI OH 120 $42,936.20
UNKNW 116 1.99 44200.00 4/9/07
OH 2580744 89.00 4/9/97
44077 0
7.5%
7027 BASCOMBE DRIVE 120 $21,608.74
DAYTON 116 0.99 25000.00 4/8/07
OH 2580745 45.00 4/8/97
45424 0
7.5%
4473 PARKSIDE 120 $2,077.88
ALLEN PARK 116 0.99 36500.00 4/8/07
MI 2580746 64.00 4/8/97
48101 0
7.5%
VISALIA CA 120 $12,180.00
UNKNW 116 1.99 12200.00 4/7/07
CA 2580747 91.00 4/7/97
93291 0
7.5%
JOHNSTON RI 120 $14,246.31
UNKNW 116 1.99 17700.00 4/7/07
RI 2580748 90.00 4/7/97
02919 0
7.5%
9902 ACKER RD. 120 $5,363.89
HUDSON 116 0.99 48500.00 4/7/07
IA 2580749 78.00 4/7/97
50643 0
7.5%
8918 E. 12TH 120 $59,850.00
TULSA 116 0.99 60000.00 4/11/07
OK 2580750 68.00 4/11/97
74112 0
7.5%
2125 PALACE COURT 120 $18,300.00
AUBURN 116 1.99 18300.00 4/11/07
IN 2580751 90.00 4/11/97
46706 0
7.5%
0424 SUMMIT COUNTY ROAD 120 $11,577.33
BRECKENRIDGE 116 0.99 30000.00 4/8/07
CO 2580752 75.00 4/8/97
80424 0
7.5%
3125 JAY DRIVE
ANDERSON 120 0.99 $20,969.21
IN 2580753 62.00 116 25000.00 4/8/97
46012 0 12:00 AM
7.5%
2844 TIMBER CREEK DRIVE 120 $35,519.48
CORTLAND 116 0.99 50000.00 4/8/07
OH 2580754 58.00 4/8/97
44410 0
7.5%
25382 SHADYWOOD 120 $31,680.13
LAGUNA NIGUEL 116 1.99 32000.00 4/8/07
CA 2580755 90.00 4/8/97
92677 0
7.5%
209 LARSON STREET 120 $7,191.00
IONIA 116 0.99 10000.00 4/8/07
MI 2580756 59.00 4/8/97
48846 0
7.5%
1119 PARK STREET 120 $12,857.67
TARENTUM 116 1.99 20000.00 4/10/07
PA 2580757 84.00 4/10/97
15084 0
7.5%
315 SE TIMBERCREEK 120 $17,132.90
LEES SUMMIT 116 1.99 17900.00 4/4/07
MO 2580758 90.00 4/8/97
64063 0
7.5%
13450 WARD WAY 120 $60,000.00
SARATOGA 116 0.99 100000.00 4/7/07
CA 2580759 53.00 4/7/97
95070 0
7.5%
TROY IL 120 $9,980.00
UNKNW 116 1.99 10000.00 4/7/07
IL 2580760 90.00 4/7/97
62294 0
7.5%
CHICAGO IL 120 $20,440.15
UNKNW 116 0.99 25000.00 4/4/07
IL 2580761 65.00 4/7/97
60647 0
7.5%
2150 BLAIRMONT DRIVE 120 $39,640.18
PITTSBURGH 116 0.99 100000.00 4/7/07
PA 2580762 64.00 4/7/97
15241 0
7.5%
320 TOPAZ STREET 120 $47,944.57
REDWOOD CITY 116 1.99 50000.00 4/7/07
CA 2580763 84.00 4/7/97
94062 0
7.5%
R R 1 BOX 6835, ROUTE 15
UNDERHILL 120 0.99 $18,446.96
VT 2580764 77.00 116 20000.00 4/7/97
05489 0 12:00 AM
7.5%
17525 ORANGE TERRACE 120 $48,249.48
YORBA LINDA 116 1.99 50000.00 4/7/07
CA 2580765 89.00 4/7/97
92886 0
7.5%
104 LANTERN HILL ROAD 120 $27,170.86
MYSTIC 116 0.99 35000.00 4/7/07
CT 2580766 77.00 4/7/97
06355 0
7.5%
ROCHESTE HILLS MI 120 $25,453.97
UNKNW 116 0.99 30000.00 4/7/07
MI 2580767 44.00 4/7/97
48306 0
7.5%
24015 SCOTT DRIVE 120 $5,413.23
FARMINGTON 116 0.99 40000.00 4/7/07
MI 2580768 69.00 4/7/97
48336 0
7.5%
2640 HAWAII COURT 120 $16,519.66
GREEN RIVER 116 0.99 30000.00 4/7/07
WY 2580769 71.00 4/7/97
82935 0
7.5%
2 SHERIDAN AVENUE 120 $7,084.24
WALDWICK 116 0.99 10000.00 4/7/07
NJ 2580770 77.00 4/7/97
07463 0
7.5%
PLEASANT CA 120 $24,967.21
UNKNW 116 0.99 35000.00 4/2/07
CA 2580771 80.00 4/2/97
94588 0
7.5%
CHICAGO IL 120 $60,000.00
UNKNW 116 1.99 60000.00 4/4/07
IL 2580772 90.00 4/4/97
60626 0
7.5%
611 KINGSWOOD STREET 120 $19,743.65
DURAND 116 0.99 19800.00 4/4/07
MI 2580773 80.00 4/4/97
48429 0
7.5%
STRATTON ME 120 $46,926.49
UNKNW 116 0.99 60000.00 4/3/07
ME 2580774 80.00 4/5/97
04982 0
7.5%
5270 OZARK MOUNTAIN PLACE
RANCHO 120 0.99 $16,186.95
CA 2580775 44.00 116 25000.00 4/6/97
91737 0 12:00 AM
7.5%
GERMANSV PA 120 $8,611.72
UNKNW 116 0.99 10000.00 4/5/07
PA 2580776 11.00 4/5/97
18053 0
7.5%
32 WATERBURY ROAD 120 $24,418.79
WARWICK 116 0.99 30000.00 4/5/07
NY 2580777 63.00 4/5/97
10990 0
7.5%
SANTA ROSA CA 120 $19,092.59
UNKNW 116 0.99 30000.00 4/5/07
CA 2580778 77.00 4/5/97
95401 0
7.5%
1383 E DEXTER DRIVE 120 $15,167.60
PORT ORANGE 116 0.99 20000.00 4/5/07
FL 2580779 78.00 4/5/97
32119 0
7.5%
1976 LANCASTER 120 $9,332.92
GROSSE POINTE 116 0.99 20000.00 4/5/07
MI 2580780 80.00 4/5/97
48236 0
7.5%
PITTSFOR VT 120 $24,433.92
UNKNW 116 1.99 24200.00 4/5/07
VT 2580781 90.00 4/5/97
05763 0
7.5%
LEXINGTO MI 120 $14,059.34
UNKNW 115 0.99 15000.00 3/27/07
MI 2580782 59.00 3/27/97
48450 0
7.5%
LUTZ FL 120 $18,489.32
UNKNW 116 0.99 30000.00 4/4/07
FL 2580783 50.00 4/4/97
33549 0
7.5%
3736 WEST HERBISON 120 $21,604.56
DEWITT 116 0.99 30000.00 4/4/07
MI 2580784 76.00 4/4/97
48820 0
7.5%
513 CYPRESS COURT 120 $28,110.67
BENICIA 116 1.99 35000.00 4/2/07
CA 2580785 82.00 4/2/97
94510 0
7.5%
NORTH TONAWANDA NY
UNKNW 120 0.99 $21,512.09
NY 2580786 54.00 116 30000.00 4/4/97
14120 0 12:00 AM
7.5%
ANCHORAG AK 120 $7,222.51
UNKNW 116 0.99 25100.00 4/2/07
AK 2580787 80.00 4/2/97
99517 0
7.5%
188 8TH AVENUE 120 $4,700.89
MANILLA 116 0.99 10000.00 4/4/07
IA 2580788 79.00 4/4/97
51454 0
7.5%
MIAMI FL 120 $14,992.59
UNKNW 116 0.99 16000.00 4/4/07
FL 2580789 80.00 4/4/97
33190 0
7.5%
1204 FOXVIEW TERRACE 120 $17,499.33
BALLWIN 116 0.99 61100.00 4/4/07
MO 2580790 80.00 4/4/97
63011 0
7.5%
54 VILLAGE ROAD 120 $19,900.00
SOUTH 115 1.99 44900.00 3/27/07
NJ 2580791 89.00 3/27/97
08824 0
7.5%
603 SPRING RIDGE DRIVE 120 $32,000.00
KENNESAW 116 0.99 32000.00 4/4/07
GA 2580792 45.00 4/4/97
30144 0
7.5%
LAVEROCK PA 120 $24,146.76
UNKNW 116 0.99 50000.00 4/4/07
PA 2580793 27.00 4/4/97
19038 0
7.5%
SOUTHFIE MI 120 $9,905.03
UNKNW 116 1.99 18000.00 4/4/07
MI 2580794 90.00 4/4/97
48075 0
7.5%
1120 COURTLAND COURT 120 $13,929.51
FAIRFIELD 116 1.99 14100.00 4/3/07
CA 2580795 90.00 4/3/97
94533 0
7.5%
SAGINAW MI 120 $14,995.51
UNKNW 116 1.99 15000.00 4/3/07
MI 2580796 88.00 4/3/97
48609 0
7.5%
1391 S. SENECA CT
DENVER 120 1.99 $22,752.78
CO 2580797 90.00 116 29500.00 4/3/97
80223 0 12:00 AM
7.5%
10132 N MCKINLEY 120 $15,849.07
MONTROSE 115 1.99 28200.00 3/27/07
MI 2580798 90.00 3/27/97
48457 0
7.5%
ESTES PARK CO 120 $27,000.00
UNKNW 116 1.99 27000.00 4/2/07
CO 2580799 90.00 4/3/97
80517 0
7.5%
3822 BELLE VISTA DRIVE E 120 $32,108.64
ST PETERSBURG, 115 1.99 32200.00 3/28/07
FL 2580800 90.00 3/28/97
33706 0
7.5%
4111 BRISTOLWOOD 120 $3,460.17
FLINT 116 1.99 24500.00 4/3/07
MI 2580801 90.00 4/3/97
48507 0
7.5%
713 FOREST AVENUE 120 $11,397.52
RIVER FOREST 116 0.99 12000.00 4/3/07
IL 2580802 71.00 4/3/97
60305 0
7.5%
CAPE ELIZABETH ME 120 $41,939.07
UNKNW 116 1.99 63600.00 4/4/07
ME 2580803 90.00 4/4/97
04107 0
7.5%
30 BLUE SPRUCE DRIVE 120 $30,000.00
UPPER SADDLE 116 0.99 100000.00 4/4/07
NJ 2580804 76.00 4/4/97
07458 0
7.5%
COLUMBUS OH 120 $44,480.17
UNKNW 116 0.99 45000.00 4/4/07
OH 2580805 73.00 4/4/97
43227 0
7.5%
PLYMOUTH MI 120 $20,000.00
UNKNW 116 0.99 75000.00 4/4/07
MI 2580806 77.00 4/4/97
48170 0
7.5%
10455 SAN MARCOS ROAD 120 $25,000.00
ATASCADERO 116 0.99 25000.00 4/2/07
CA 2580807 67.00 4/2/97
93422 0
7.5%
ROCHESTE HILLS, MI
UNKNW 180 0.99 $56,500.00
MI 2580808 76.00 76 85000.00 12/15/88
48309 0 12:00 AM
7.5%
674 TOWNBANK ROAD 120 $28,251.06
NORTH CAPE MAY 116 1.99 31800.00 4/2/07
NJ 2580809 90.00 4/2/97
08204 0
7.5%
COLUMBUS GA 120 $17,083.62
UNKNW 115 0.99 50000.00 3/26/07
GA 2580810 71.00 3/26/97
31904 0
7.5%
CAROLINA BEACH NC 120 $27,596.73
UNKNW 116 0.99 31000.00 4/3/07
NC 2580811 79.00 4/3/97
28428 0
7.5%
818 SHERWOOD ROAD 120 $9,538.70
SHOREVIEW 116 1.99 10000.00 4/3/07
MN 2580812 86.00 4/3/97
55126 0
7.5%
OVERLAND PARK KS 120 $20,502.45
UNKNW 116 0.99 30000.00 4/3/07
KS 2580813 40.00 4/3/97
66212 0
7.5%
SILVER SPRING MD 120 $11,197.52
UNKNW 115 0.99 15000.00 3/31/07
MD 2580814 54.00 3/31/97
20906 0
7.5%
BLANCHAR OK 120 $18,146.75
UNKNW 116 0.99 30000.00 4/2/07
OK 2580815 80.00 4/3/97
73010 0
7.5%
11904 PERSIMMON AVENUE NE 120 $45,000.00
ALBUQUERQUE 116 1.99 68700.00 4/2/07
NM 2580816 90.00 4/2/97
87111 0
7.5%
5335 PARVIEW 120 $10,014.22
CLARKSTON 116 0.99 12100.00 4/3/07
MI 2580817 80.00 4/3/97
48346 0
7.5%
12830 54TH AVENUE N. 120 $19,880.82
MINNEAPOLIS 116 1.99 54800.00 4/8/07
MN 2580818 89.00 4/8/97
55442 0
7.5%
339 LIGHT HOUSE WAY
SACRAMENTO 120 0.99 $53,017.74
CA 2580819 80.00 113 53300.00 1/7/97
95831 51 12:00 AM
7.5%
1152 TOWN ROAD 384 120 $7,382.64
BAUDETTE, 116 0.99 30000.00 4/2/07
MN 2580820 80.00 4/2/97
56623 0
7.5%
375 UNION STREET 120 $7,196.61
LODI 116 0.99 15000.00 4/2/07
NJ 2580821 55.00 4/2/97
07644 0
7.5%
TUJUNGA CA 120 $2,000.00
UNKNW 116 1.99 25000.00 4/2/07
CA 2580822 86.00 4/2/97
91042 0
7.5%
WEST 5364 410TH AVENUE 120 $35,078.20
ELLSWORTH 115 0.99 45000.00 3/31/07
WI 2580823 80.00 3/31/97
54011 0
7.5%
EAST AURORA NY 120 $15,450.09
UNKNW 116 0.99 20000.00 4/2/07
NY 2580824 68.00 4/2/97
14052 0
7.5%
HOWELL MI 120 $17,445.75
UNKNW 116 0.99 70000.00 4/2/07
MI 2580825 79.00 4/2/97
48843 0
7.5%
2362 EAST CAMERON AVENUE 120 $26,813.49
COVINA 116 1.99 28500.00 4/2/07
CA 2580826 90.00 4/2/97
91724 0
7.5%
3403 MILBURN STREET 120 $42,977.57
ROCKLIN 116 0.99 43000.00 4/2/07
CA 2580827 66.00 4/2/97
95765 0
7.5%
23342 DERBY LANE 120 $39,627.47
FARMINGTON 116 0.99 65100.00 4/2/07
MI 2580828 80.00 4/2/97
48336 0
7.5%
1153 HUMBOLDT STREET 120 $14,411.85
SANTA ROSA 116 1.99 21000.00 4/2/07
CA 2580829 90.00 4/2/97
95404 0
7.5%
8602 EDENFIELD COVE
GERMANTOWN 120 0.99 $13,402.73
TN 2580830 73.00 116 50000.00 4/2/97
38138 0 12:00 AM
7.5%
LAS VEGAS NV 120 $27,453.26
UNKNW 115 1.99 28500.00 3/28/07
NV 2580831 90.00 3/31/97
89117 0
7.5%
2704 CUMBERLAND AVENUE 120 $7,807.46
MOUNT PENN 115 0.99 20000.00 3/28/07
PA 2580832 80.00 3/28/97
19606 0
7.5%
2242 E JAEGER 120 $21,296.41
MESA 115 0.99 25100.00 3/31/07
AZ 2580833 73.00 3/31/97
85213 0
7.5%
454 KUHN FORDING ROAD 120 $2,270.30
EAST BERLIN 115 1.99 10000.00 3/31/07
PA 2580834 86.00 3/31/97
17316 0
7.5%
1200 SEVEREN COURT 120 $46,700.00
AMBLER 115 1.99 46700.00 3/31/07
PA 2580835 90.00 3/31/97
19002 0
7.5%
32754 FAIRCHILD 120 $5,475.23
WESTLAND 115 0.99 36400.00 3/21/07
MI 2580836 80.00 3/21/97
48186 0
7.5%
173 RAINIER AVENUE 120 $13,936.25
LIVERMORE 115 0.99 20000.00 3/31/07
CA 2580837 53.00 3/31/97
94550 0
7.5%
2780 BENEDICT LANE 120 $11,987.88
SHELBY 115 0.99 45000.00 3/31/07
MI 2580838 35.00 3/31/97
48315 0
7.5%
RICHMOND VA 120 $11,349.71
UNKNW 115 1.99 22000.00 3/21/07
VA 2580839 90.00 3/21/97
23233 0
7.5%
740 DIXIE BLVD 120 $15,826.93
ALGONAC 115 1.99 16000.00 3/31/07
MI 2580840 87.00 3/31/97
48001 0
7.5%
774 FIFTH AVENUE
RIVER EDGE 120 1.99 $31,000.00
NJ 2580841 90.00 115 31000.00 3/31/97
07661 0 12:00 AM
7.5%
22022 S DANS AVENUE 120 $29,331.06
BEAVERCREEK 115 1.99 30000.00 3/26/07
OR 2580842 90.00 3/27/97
97004 0
7.5%
2 ESTHER CIRCLE 120 $14,814.14
SINKING SPRING 115 0.99 25000.00 3/29/07
PA 2580843 78.00 3/29/97
19608 0
7.5%
27 NELSON COURT 120 $14,587.47
DALY CITY 116 0.99 69000.00 4/3/07
CA 2580844 80.00 4/3/97
94015 0
7.5%
3125 OLD CARRIAGE TRAIL 120 $4,409.73
BRIGHTON 115 0.99 17000.00 3/28/07
MI 2580845 80.00 3/28/97
48116 0
7.5%
4066 W KENDERTON TRAIL 120 $3,437.19
BEAVERCREEK 115 0.99 24000.00 3/21/07
OH 2580846 69.00 3/21/97
45430 0
7.5%
585 COVINGTON 120 $10,064.54
SOUTH LYON 115 0.99 14000.00 3/21/07
MI 2580847 75.00 3/21/97
48178 0
7.5%
ROBBINS IL 120 $24,905.85
UNKNW 115 0.99 25000.00 3/28/07
IL 2580848 43.00 3/28/97
60472 0
7.5%
LEMON GROVE CA 120 $1,694.47
UNKNW 115 1.99 19500.00 3/31/07
CA 2580849 90.00 3/31/97
91945 0
7.5%
2176 PEPPERMILL ROAD 120 $27,429.38
LAPEER 115 0.99 37600.00 3/31/07
MI 2580850 80.00 3/31/97
48446 0
7.5%
LOCKPORT NY 120 $14,552.37
UNKNW 115 1.99 15300.00 3/31/07
NY 2580851 84.00 3/31/97
14094 0
7.5%
6985 EAST 72ND STREET
TULSA 120 0.99 $5,684.15
OK 2580852 78.00 115 60000.00 3/24/97
74133 0 12:00 AM
7.5%
MODESTO CA 120 $14,714.85
UNKNW 115 1.99 20000.00 3/31/07
CA 2580853 90.00 3/31/97
95350 0
7.5%
1153 AIRPORT DRIVE 120 $14,784.66
SOUTH 115 0.99 15000.00 3/31/07
VT 2580854 75.00 3/31/97
05403 0
7.5%
118 GALLERON WAY 120 $13,449.00
SPARKS 115 1.99 13500.00 3/28/07
NV 2580855 90.00 3/28/97
89431 0
7.5%
HOLT MI 120 $17,795.49
UNKNW 115 0.99 17800.00 3/28/07
MI 2580856 70.00 3/28/97
48842 0
7.5%
MONTEREY CA 120 $175,743.00
UNKNW 115 1.99 180000.00 3/28/07
CA 2580857 90.00 3/28/97
93940 0
7.5%
46705 OAKPOINTE 120 $19,791.67
MACOMB 115 1.99 20000.00 3/28/07
MI 2580858 84.00 3/28/97
48042 0
7.5%
WHITTIER CA 120 $19,200.00
UNKNW 115 0.99 20000.00 3/25/07
CA 2580859 61.00 3/25/97
90605 0
7.5%
MT. CLEMENS MI 120 $9,212.04
UNKNW 115 1.99 13300.00 3/28/07
MI 2580860 90.00 3/28/97
4803 0
7.5%
82 KEATS DRIVE 120 $49,063.58
NEW WINDSOR 115 0.99 50000.00 3/27/07
NY 2580861 69.00 3/27/97
12553 0
7.5%
2310 SOUTH SEYMOUR ROAD 120 $8,162.61
SWARTZ CREEK 115 0.99 20000.00 3/29/07
MI 2580862 80.00 3/29/97
48473 0
7.5%
FORT MADISON IA
UNKNW 120 0.99 $27,971.59
IA 2580863 50.00 115 30000.00 3/29/97
52627 0 12:00 AM
7.5%
770 N. WOODROSE PLACE 120 $18,378.77
TUCSON 115 0.99 25100.00 3/28/07
AZ 2580864 80.00 3/28/97
85710 0
7.5%
CLINTON TOWNSHIP MI 120 $7,942.86
UNKNW 115 0.99 10000.00 3/27/07
MI 2580865 53.00 3/27/97
48038 0
7.5%
417 VALVERDE DRIVE 120 $28,747.98
SOUTH SAN 115 0.99 39200.00 3/29/07
CA 2580866 80.00 3/29/97
94080 0
7.5%
PRINCETO NJ 120 $33,508.00
UNKNW 115 0.99 40000.00 3/28/07
NJ 2580867 26.00 3/28/97
08540 0
7.5%
127 CHICORA POINT 120 $30,999.25
DATAW ISLAND 115 0.99 40000.00 3/28/07
SC 2580868 43.00 3/28/97
29920 0
7.5%
4588 ALLEN ROAD 120 $13,762.16
WEBBERVILLE 115 0.99 15000.00 3/28/07
MI 2580869 58.00 3/28/97
48892 0
7.5%
72 EXETER ROAD 120 $12,327.69
NORTH HAMPTON 115 0.99 20000.00 3/28/07
NH 2580870 78.00 3/28/97
03862 0
7.5%
MARTINEZ CA 120 $9,781.65
UNKNW 115 1.99 34200.00 3/27/07
CA 2580871 90.00 3/27/97
94553 0
7.5%
446 SOUTH MAIN STREET 120 $19,354.76
BETHLEHEM 115 0.99 20000.00 3/25/07
CT 2580872 70.00 3/28/97
06751 0
7.5%
33 KIMBERLY ROAD 120 $9,063.01
WOODBRIDGE 115 0.99 10000.00 3/28/07
NJ 2580873 57.00 3/28/97
07067 0
7.5%
2216 BURNING RIDGE DRIVE
FRANKTOWN 120 0.99 $28,591.93
CO 2580874 39.00 115 30000.00 3/28/97
80116 0 12:00 AM
7.5%
17360 OAK LEAF DRIVE 120 $28,398.58
MORGAN HILL 115 0.99 30000.00 3/28/07
CA 2580875 79.00 3/28/97
95037 0
7.5%
357 BLUNK 120 $11,082.71
PLYMOUTH 115 1.99 41400.00 3/28/07
MI 2580876 90.00 3/28/97
48170 0
7.5%
ENGLEWOO NJ 120 $8,444.37
UNKNW 115 0.99 26000.00 3/27/07
NJ 2580877 74.00 3/27/97
07631 0
7.5%
9 STONEWALL COURT 120 $23,886.97
RINGWOOD 115 0.99 26800.00 3/28/07
NJ 2580878 80.00 3/28/97
07456 0
7.5%
6378 WINDHAM PLACE 120 $18,940.20
GRAND BLANC 115 1.99 19100.00 3/26/07
MI 2580879 89.00 3/26/97
48439 0
7.5%
LANCASTE CA 120 $20,490.14
UNKNW 115 1.99 20500.00 3/27/07
CA 2580880 90.00 3/27/97
93536 0
7.5%
2016 WEST MCLEAN AVENUE 120 $63,700.00
CHICAGO 115 1.99 63700.00 3/27/07
IL 2580881 90.00 3/27/97
60647 0
7.5%
2111 PEAK 120 $39,550.62
THOUSAND OAKS 115 0.99 40000.00 3/27/07
CA 2580882 57.00 3/27/97
91360 0
7.5%
1185 ALTA MESA ROAD 120 $60,710.26
MONTEREY 115 0.99 67200.00 3/27/07
CA 2580883 80.00 3/27/97
93940 0
7.5%
14013 REBECCA DRIVE 120 $23,541.69
PHILADELPHIA 115 1.99 24000.00 3/27/07
PA 2580884 90.00 3/27/97
19116 0
7.5%
CLARKSTO MI
UNKNW 120 0.99 $54,758.75
MI 2580885 66.00 115 100000.00 3/27/97
48348 0 12:00 AM
7.5%
3848 ELDER RD SOUTH 120 $36,544.23
WEST 115 1.99 37200.00 3/27/07
MI 2580886 88.00 3/27/97
48324 0
7.5%
RICHLAND OR 120 $19,710.01
UNKNW 115 0.99 30000.00 3/28/07
OR 2580887 22.00 3/28/97
97870 0
7.5%
JENKS OK 120 $9,958.42
UNKNW 115 1.99 10000.00 3/28/07
OK 2580888 89.00 3/28/97
74037 0
7.5%
1961 PARADISE DRIVE 120 $19,943.00
LEWISBURG 115 1.99 20100.00 3/28/07
TN 2580889 90.00 3/28/97
37091 0
7.5%
1987 BISHOPWOOD 120 $9,492.59
HARLEYSVILLE 115 1.99 10000.00 3/28/07
PA 2580890 85.00 3/28/97
19438 0
7.5%
1828 LATTIMER LANE 120 $38,662.51
************** 115 0.99 50000.00 3/24/07
TN 2580891 73.00 3/24/97
37075 0
7.5%
29 DAYTONA STREET 120 $8,705.76
SOUTH 115 1.99 8800.00 3/14/07
ME 2580892 90.00 3/24/97
04106 0
7.5%
13620 GLEN EAGLE CT. 120 $20,216.00
ORLAND PARK 115 1.99 21400.00 3/25/07
IL 2580893 88.00 3/25/97
60462 0
7.5%
79 ROUTE 202 120 $21,927.49
BARRINGTON 115 1.99 22900.00 3/25/07
NH 2580894 90.00 3/25/97
03825 0
7.5%
1037 ELMONT ROAD 120 $36,285.00
VALLEY STREAM 115 0.99 53900.00 3/29/07
NY 2580895 80.00 3/29/97
11580 0
7.5%
8640 GODFREY
BELDING 120 0.99 $19,748.75
MI 2580896 55.00 115 20000.00 3/25/97
48809 0 12:00 AM
7.5%
2550 INDEPENDENCE AVE. 120 $21,692.71
RIVERDALE 115 1.99 25000.00 3/25/07
NJ 2580897 90.00 3/25/97
10463 0
7.5%
EUGENE OR 120 $10,797.82
UNKNW 115 0.99 14500.00 3/31/07
OR 2580898 80.00 3/31/97
97405 0
7.5%
14509 RAYNHAM DRIVE 120 $3,212.00
CHARLOTTE 115 1.99 37800.00 3/26/07
NC 2580899 90.00 3/26/97
28262 0
7.5%
1901 CAMPHOR WAY 120 $13,839.05
LODI 115 1.99 17500.00 3/26/07
CA 2580900 90.00 3/26/97
95242 0
7.5%
1117 GIDDINGS SE 120 $16,456.57
GRAND RAPIDS 115 1.99 16800.00 3/26/07
MI 2580901 90.00 3/26/97
49506 0
7.5%
1309 LINDENGROVE AVENUE 120 $17,500.00
LA PUENTE 115 1.99 17500.00 3/31/07
CA 2580902 90.00 3/31/97
91748 0
7.5%
30 HIAWATHA PASS 120 $9,346.11
WEST MILFORD 115 0.99 15000.00 3/21/07
NJ 2580903 9.00 3/21/97
07480 1
7.5%
HUNTINGT BEACH CA 120 $29,437.84
UNKNW 115 1.99 30000.00 3/26/07
CA 2580904 86.00 3/26/97
92648 28
7.5%
11217 GLENIS DR. 120 $15,422.21
STERLING 115 1.99 18900.00 3/21/07
MI 2580905 90.00 3/21/97
48312 0
7.5%
STRATHAM NH 120 $8,356.42
UNKNW 115 0.99 17500.00 3/21/07
NH 2580906 59.00 3/21/97
03885 0
7.5%
1212 SIERRA LARGA DRIVE NE
ALBUQUERQUE 120 0.99 $58,002.44
NM 2580907 64.00 115 60000.00 3/22/97
87112 0 12:00 AM
7.5%
8008 COPPERWOOD DRIVE 120 $26,000.00
CITRUS HEIGHTS 115 1.99 26000.00 3/22/07
CA 2580908 90.00 3/22/97
95610 0
7.5%
15 MULLIGAN DRIVE 120 $99,900.00
READING 115 0.99 99900.00 3/24/07
PA 2580909 77.00 3/24/97
19606 0
7.5%
1 BUFORD ROAD 120 $3,166.02
ROBBINSVILLE 115 0.99 100000.00 3/27/07
NJ 2580910 76.00 3/27/97
08691 0
7.5%
9282 1/2 ELMS ROAD 120 $10,273.04
CLIO 115 1.99 10300.00 3/28/07
MI 2580911 90.00 3/28/97
48420 0
7.5%
45-660 PASEO CORONADO 120 $50,000.00
INDIAN WELLS 115 0.99 50000.00 3/28/07
CA 2580912 70.00 3/28/97
92210 0
7.5%
LAKEWOOD CO 120 $3,182.62
UNKNW 115 1.99 49000.00 3/28/07
CO 2580913 90.00 3/28/97
80228 0
7.5%
125 E. NORTH AVE 120 $33,122.04
LAKE BLUFF 115 1.99 50000.00 3/28/07
IL 2580914 90.00 3/28/97
60044 0
7.5%
24 LISETTE DRIVE 120 $1,904.17
SALEM 115 0.99 50000.00 3/25/07
NH 2580915 64.00 3/25/97
03079 0
7.5%
815 SIXTH TERRACE 120 $5,123.79
BOCA RATON 115 0.99 30000.00 3/25/07
FL 2580916 67.00 3/25/97
33486 0
7.5%
SUNNYVAL CA 120 $17,838.00
UNKNW 115 0.99 30000.00 3/26/07
CA 2580917 58.00 3/26/97
94086 0
7.5%
39263 LORIEN DRIVE
STERLING 120 0.99 $39,755.66
MI 2580918 80.00 115 72300.00 3/25/97
48313 0 12:00 AM
7.5%
1126 HIP POCKET ROAD 120 $24,772.69
PEACHTREE CITY 115 0.99 25000.00 3/25/07
GA 2580919 32.00 3/25/97
30269 0
7.5%
HAMBURG NJ 120 $7,700.00
UNKNW 115 1.99 10000.00 3/25/07
NJ 2580920 12.00 3/25/97
07419 0
7.5%
190 MARGIE DRIVE 120 $692.12
PLEASANT HILL 115 0.99 50000.00 3/26/07
CA 2580921 72.00 3/26/97
94523 53
7.5%
LOS ANGELES CA 120 $50,049.45
UNKNW 115 1.99 50000.00 3/26/07
CA 2580922 82.00 3/26/97
90029 0
7.5%
1002 HAAN DRIVE 120 $50,000.00
WEST LAFAYETTE 115 0.99 50000.00 3/26/07
IN 2580923 78.00 3/26/97
47906 0
7.5%
RALEIGH NC 120 $13,847.13
UNKNW 115 1.99 15000.00 3/21/07
NC 2580924 90.00 3/21/97
27613 0
7.5%
11944 S. CEDAR RIDGE RD. 120 $44,261.98
SANDY 115 0.99 45000.00 3/26/07
UT 2580925 79.00 3/26/97
84094 39
7.5%
8540 S. TRIPP AV 120 $36,356.21
CHICAGO 115 1.99 36400.00 3/26/07
IL 2580926 90.00 3/26/97
60652 0
7.5%
9216 N HUDSON STREET 120 $13,329.46
PORTLAND 115 1.99 15000.00 3/24/07
OR 2580927 86.00 3/24/97
97203 0
7.5%
CEDAR RAPIDS IA 120 $9,793.18
UNKNW 115 0.99 15000.00 3/19/07
IA 2580928 79.00 3/19/97
52403 0
7.5%
AUBURN NY
UNKNW 120 0.99 $14,500.00
NY 2580929 69.00 115 30000.00 3/24/97
13021 0 12:00 AM
7.5%
5539 TERRITORIAL 120 $24,308.83
GRAND BLANC 115 0.99 26200.00 3/24/07
MI 2580930 80.00 3/24/97
48439 0
7.5%
29 COVENTRY ROAD 120 $138,568.36
MENDHAM 115 0.99 150000.00 3/25/07
NJ 2580931 53.00 3/25/97
07945 35
7.5%
65 ROCKROSE AVENUE 120 $23,852.34
ALISO VIEJO 115 0.99 25000.00 3/25/07
CA 2580932 58.00 3/25/97
92656 0
7.5%
INDIANAP IN 120 $18,124.03
UNKNW 114 1.99 18200.00 2/25/07
IN 2580933 90.00 2/25/97
46268 41
7.5%
123 COVERED BRIDGE DRIVE 120 $13,621.23
MADISON 115 1.99 14000.00 3/25/07
VA 2580934 86.00 3/25/97
22727 31
7.5%
8411 WILLIAM 120 $8,389.00
TAYLOR 115 1.99 13100.00 3/25/07
MI 2580935 90.00 3/25/97
48180 34
7.5%
2467 15TH AVENUE 120 $20,443.07
KINGSBURG 115 1.99 25000.00 3/25/07
CA 2580936 86.00 3/25/97
93631 0
7.5%
22635 SOUTH RECKER ROAD 120 $57,915.73
HIGLEY 115 0.99 60000.00 3/25/07
AZ 2580937 22.00 3/25/97
85236 0
7.5%
39 TYLER STREET 120 $8,400.30
EAST HAVEN 115 0.99 13000.00 3/25/07
CT 2580938 64.00 3/25/97
06512 0
7.5%
777 FORT HILL ROAD 120 $18,398.74
GORHAM 115 1.99 18700.00 3/17/07
ME 2580939 90.00 3/17/97
04038 0
7.5%
3210 KENSINGTON PARK
BLOOMINGTON 120 1.99 $31,500.00
IN 2580940 90.00 115 31500.00 3/21/97
47401 33 12:00 AM
7.5%
CHICAGO IL 120 $36,912.00
UNKNW 115 1.99 37500.00 3/21/07
IL 2580941 90.00 3/21/97
60641 0
7.5%
PEMBROKE PINES FL 120 $19,995.00
UNKNW 115 1.99 22000.00 3/21/07
FL 2580942 90.00 3/21/97
33026 39
7.5%
2960 DOMINO DRIVE 120 $23,452.21
BISMARCK 115 0.99 24000.00 3/24/07
ND 2580943 85.00 3/24/97
58501 0
7.5%
1162 HEIGHTS ROAD 120 $32,204.17
LAKE ORION 115 0.99 35000.00 3/24/07
MI 2580944 44.00 3/24/97
48362 0
7.5%
ALTUS OK 120 $15,206.76
UNKNW 115 0.99 16500.00 3/24/07
OK 2580945 80.00 3/24/97
73521 0
7.5%
115 ALLISON STREET 120 $29,572.48
TEXHOMA 115 0.99 29600.00 3/24/07
OK 2580946 80.00 3/24/97
73949 0
7.5%
1564 TAFT AV 120 $6,075.03
BERKELEY 114 1.99 20400.00 2/24/07
IL 2580947 90.00 2/24/97
60164 29
7.5%
8415 ROTHESAY PLACE 120 $24,899.22
STOCKTON 115 0.99 25000.00 3/24/07
CA 2580948 83.00 3/24/97
95209 0
7.5%
1621 MITHERING LANE 120 $17,004.45
SILVER SPRING 115 0.99 50000.00 3/24/07
MD 2580949 66.00 3/24/97
20905 0
7.5%
66 RIVERVIEW TERRACE 120 $18,903.54
BELLE MEAD 115 0.99 20000.00 3/24/07
NJ 2580950 67.00 3/24/97
08502 0
7.5%
5238 SQUIRE HILL
FLINT 120 0.99 $29,079.91
MI 2580951 76.00 115 35000.00 3/20/97
48532 45 12:00 AM
7.5%
15733 S. LAMON 120 $11,370.59
OAK FOREST 115 1.99 27800.00 3/21/07
IL 2580952 90.00 3/21/97
60452 35
7.5%
228 KANDEMOR LANE 120 $25,265.03
ROCKY MOUNT 115 1.99 26000.00 3/21/07
NC 2580953 90.00 3/21/97
27804 40
7.5%
14 FOX RUN ROAD 120 $39,830.78
MEDWAY 115 0.99 60000.00 3/17/07
MA 2580954 23.00 3/17/97
02053 0
7.5%
1005 LOCKHEAD AVENUE 120 $18,307.80
FLINT 115 1.99 20200.00 3/21/07
MI 2580955 90.00 3/21/97
48507 0
7.5%
FAIRFIEL ME 120 $10,624.87
UNKNW 115 1.99 10900.00 3/21/07
ME 2580956 90.00 3/21/97
04937 36
7.5%
SCARBORO ME 120 $13,300.00
UNKNW 115 1.99 13300.00 3/21/07
ME 2580957 90.00 3/21/97
04074 33
7.5%
222 PREBLE ST. PO BOX 628 120 $29,790.66
WELLS 115 0.99 30000.00 3/21/07
ME 2580958 63.00 3/21/97
04090 43
7.5%
8227 W-98TH TERRACE 120 $19,152.84
SHAWNEE 115 0.99 71400.00 3/21/07
KS 2580959 80.00 3/21/97
66212 0
7.5%
TUCSON AZ 120 $64,524.27
UNKNW 115 0.99 65000.00 3/21/07
AZ 2580960 40.00 3/21/97
85704 9
7.5%
5649 PRICES FORK ROAD 120 $14,558.00
RADFORD 115 0.99 30000.00 3/21/07
VA 2580961 68.00 3/21/97
24141 0
7.5%
1409 PRAIRIE ROSE LANE
GLENCOE 120 0.99 $28,899.36
MO 2580962 72.00 115 70000.00 3/21/97
63038 38 12:00 AM
7.5%
4118 AVONDALE 120 $53,575.93
DALLAS 114 1.99 53600.00 2/20/07
CO 2580963 89.00 2/20/97
75219 41
7.5%
50 WILLOW POND DRIVE 120 $26,326.51
ROCKLAND 115 0.99 27800.00 3/20/07
MA 2580964 80.00 3/20/97
02370 0
7.5%
MEMPHIS TN 120 $49,131.00
UNKNW 115 0.99 50000.00 3/20/07
TN 2580965 60.00 3/20/97
38117 0
7.5%
9 CAMEO DRIVE 120 $22,121.67
RICHBORO 115 0.99 30000.00 3/20/07
PA 2580966 69.00 3/20/97
18954 0
7.5%
PHILADEL PA 120 $17,940.29
UNKNW 115 0.99 20000.00 3/20/07
PA 2580967 27.00 3/20/97
19136 0
7.5%
170 PARADISE ROAD 120 $8,341.81
SALINAS 115 0.99 31800.00 3/20/07
CA 2580968 80.00 3/20/97
93907 0
7.5%
21 STAFFORD COURT 120 $17,113.85
HAMILTON 115 0.99 20000.00 3/20/07
NJ 2580969 45.00 3/20/97
08690 0
7.5%
5135 NORTH VIA CONDESA 120 $23,761.13
TUCSON 115 1.99 31900.00 3/20/07
AZ 2580970 90.00 3/20/97
85718 0
7.5%
DINGMANS FERRY PA 120 $6,375.39
UNKNW 115 0.99 10000.00 3/20/07
PA 2580971 80.00 3/20/97
18328 19
7.5%
DUNKERTO IA 120 $13,326.49
UNKNW 115 0.99 13700.00 3/20/07
IA 2580972 33.00 3/20/97
50626 19
7.5%
739 BOSCO DRIVE
LAKE ORION 120 0.99 $16,158.40
MI 2580973 58.00 115 30000.00 3/27/97
48362 0 12:00 AM
7.5%
2824 MARION TERRACE 120 $28,325.99
MARTINEZ 115 1.99 40500.00 3/20/07
CA 2580974 90.00 3/20/97
94553 0
7.5%
GRETNA LA 120 $18,861.82
UNKNW 115 0.99 20000.00 3/19/07
LA 2580975 77.00 3/19/97
70056 45
7.5%
11942 FRAZHO RD. 120 $16,860.54
WARREN 115 1.99 18000.00 3/19/07
MI 2580976 84.00 3/19/97
48089 38
7.5%
1241 HOBART STREET 120 $32,541.09
MENLO PARK 115 0.99 50000.00 3/19/07
CA 2580977 63.00 3/19/97
94025 32
7.5%
917 GLEN EAGLE LANE 120 $6,235.90
FT WAYNE 115 0.99 10900.00 3/19/07
IN 2580978 80.00 3/19/97
46845 19
7.5%
1745 W. 12TH STREET 120 $21,433.80
LORAIN 115 0.99 28000.00 3/19/07
OH 2580979 76.00 3/19/97
44052 0
7.5%
GRAND RAPIDS MI 120 $9,938.16
UNKNW 115 1.99 10000.00 3/19/07
MI 2580980 89.00 3/19/97
49504 0
7.5%
416 HARDEN DRIVE 120 $12,922.62
HOLLY 115 0.99 14500.00 3/19/07
MI 2580981 75.00 3/19/97
48442 0
7.5%
3913 BRANCH AVENUE 120 $24,894.70
NORTH POLE 115 1.99 25100.00 3/20/07
AK 2580982 90.00 3/20/97
99705 41
7.5%
GLOUCHES NJ 120 $38,692.22
UNKNW 115 0.99 50000.00 3/20/07
NJ 2580983 61.00 3/20/97
08030 43
7.5%
5265 GOLDEN COURT
KLAMATH FALLS 120 0.99 $9,799.03
OR 2580984 66.00 115 10000.00 3/20/97
97603 0 12:00 AM
7.5%
SHIRLEY IN 120 $59,744.83
UNKNW 115 0.99 60500.00 3/20/07
IN 2580985 80.00 3/20/97
47384 0
7.5%
925 EDWARDS DRIVE 120 $34,829.96
SPRINGFIELD 115 0.99 40000.00 3/20/07
PA 2580986 23.00 3/20/97
19064 0
7.5%
SIOUX CITY IA 120 $2,383.09
UNKNW 115 0.99 10000.00 3/18/07
IA 2580987 66.00 3/18/97
51104 42
7.5%
LANSING MI 120 $3,916.25
UNKNW 115 1.99 10500.00 3/18/07
MI 2580988 90.00 3/18/97
48906 43
7.5%
SAN JOSE CA 120 $32,193.09
UNKNW 115 1.99 38100.00 3/18/07
CA 2580989 90.00 3/18/97
95131 0
7.5%
7427 CARSON TRAIL NW 120 $25,000.00
ALBUQUERQUE 115 1.99 25000.00 3/18/07
NM 2580990 85.00 3/18/97
87120 34
7.5%
BYRON CENTER MI 120 $13,589.35
UNKNW 115 1.99 14300.00 3/18/07
MI 2580991 90.00 3/18/97
49315 41
7.5%
115 LILLYRIDGE DRIVE 120 $14,899.43
EAST AMHERST 115 0.99 15000.00 3/19/07
NY 2580992 66.00 3/19/97
14051 0
7.5%
1435 CANDLEWOOD STREET 120 $29,810.46
************** 115 0.99 30000.00 3/19/07
VA 2580993 72.00 3/19/97
22401 39
7.5%
2895 SHIRLEY DRIVE 120 $47,474.46
THOUSAND OAKS 115 1.99 47500.00 3/19/07
CA 2580994 90.00 3/19/97
91320 37
7.5%
STOCKBRI GA
UNKNW 120 0.99 $17,100.00
GA 2580995 80.00 115 17100.00 3/19/97
30281 33 12:00 AM
7.5%
5785 SANDSTONE 120 $24,110.91
OXFORD 115 0.99 25000.00 3/19/07
MI 2580996 59.00 3/19/97
48371 44
7.5%
12311 STATE ROUTE 13 120 $28,225.60
MILAN 115 0.99 39000.00 3/19/07
OH 2580997 77.00 3/19/97
44846 0
7.5%
8718 DILL DRIVE 120 $5,270.69
STERLING 115 0.99 12000.00 3/19/07
MI 2580998 54.00 3/19/97
48312 29
7.5%
CAMBY IN 120 $27,023.00
UNKNW 115 0.99 28000.00 3/18/07
IN 2580999 44.00 3/18/97
46113 24
7.5%
PEMBROKE PINES FL 120 $188.70
UNKNW 115 0.99 18400.00 3/18/07
FL 2581000 80.00 3/18/97
33026 45
7.5%
18 NEW ENGLAND DRIVE 120 $21,500.79
LAKE HIAWATHA 115 0.99 47900.00 3/18/07
NJ 2581001 80.00 3/18/97
07034 23
7.5%
1932 S. 8TH AVE. 120 $25,615.81
MAYWOOD 115 1.99 25700.00 3/18/07
IL 2581002 90.00 3/18/97
60153 44
7.5%
ROUND HILL VA 120 $24,049.89
UNKNW 115 0.99 25000.00 3/18/07
VA 2581003 64.00 3/18/97
20141 46
7.5%
344 ESPANOLA AVENUE 120 $5,846.75
PARCHMENT 115 0.99 30000.00 3/18/07
MI 2581004 30.00 3/18/97
49004 18
7.5%
23 PINEWOOD DRIVE 120 $29,166.86
SPENCERPORT 115 0.99 30000.00 3/18/07
NY 2581005 74.00 3/18/97
14559 35
7.5%
275 SHEPARD AVENUE
KENMORE 120 0.99 $3,443.28
NY 2581006 79.00 115 10000.00 3/18/97
14217 37 12:00 AM
7.5%
26 LACE BARK LANE 120 $13,990.54
MEDFORD 115 0.99 20000.00 3/18/07
NY 2581007 25.00 3/18/97
11763 20
7.5%
4930 MERIDIAN ROAD 120 $6,782.45
WILLIAMSTON 115 1.99 24900.00 3/18/07
MI 2581008 90.00 3/18/97
48895 33
7.5%
MACOMB TWP MI 120 $24,122.36
UNKNW 115 1.99 63500.00 3/18/07
MI 2581009 90.00 3/18/97
48044 45
7.5%
JUSTICE IL 120 $5,027.32
UNKNW 115 1.99 10000.00 3/18/07
IL 2581010 82.00 3/18/97
60458 31
7.5%
88 WEST LAKESIDE DRIVE 120 $10,968.48
NORTH 115 0.99 20000.00 3/17/07
IN 2581011 27.00 3/17/97
46962 31
7.5%
913 STARKLAND WAY 120 $11,400.00
HOLLY SPRINGS 115 0.99 11400.00 3/17/07
NC 2581012 80.00 3/17/97
27540 23
7.5%
40138 HARCOURT 120 $20,168.31
STERLING 115 0.99 75000.00 3/17/07
MI 2581013 57.00 3/17/97
48310 18
7.5%
136 EAST FRANKLIN AVENUE 120 $20,603.43
MESA 115 1.99 25100.00 3/17/07
AZ 2581014 90.00 3/17/97
85210 42
7.5%
3241 NEW STATENVILLE 120 $24,179.10
VALDOSTA 115 0.99 25000.00 3/17/07
GA 2581015 76.00 3/17/97
31606 42
7.5%
33127 STONE ROAD 120 $17,447.76
WARREN 115 0.99 20000.00 3/17/07
OR 2581016 70.00 3/17/97
97053 22
7.5%
HORTON MI
UNKNW 120 1.99 $13,937.06
MI 2581017 90.00 115 14200.00 3/17/97
49246 41 12:00 AM
7.5%
15516 SUMMER RIDGE DRIVE 120 $44,998.18
CHESTERFIELD 115 0.99 60600.00 3/17/07
MO 2581018 80.00 3/17/97
63017 44
7.5%
MASHPEE MA 120 $24,764.51
UNKNW 115 0.99 26100.00 3/18/07
MA 2581019 80.00 3/18/97
02649 41
7.5%
NEWARK OH 120 $5,874.04
UNKNW 115 0.99 10000.00 3/18/07
OH 2581020 67.00 3/18/97
43055 33
7.5%
OXFORD NJ 120 $12,307.50
UNKNW 115 0.99 23000.00 3/18/07
NJ 2581021 80.00 3/18/97
07863 38
7.5%
10941 14TH AVE 120 $35,969.42
GRAND RAPIDS 115 1.99 42900.00 3/18/07
MI 2581022 90.00 3/18/97
49544 41
7.5%
1140 E EL NORTE PARKWAY 120 $15,424.17
ESCONDIDO 115 1.99 20000.00 3/14/07
CA 2581023 91.00 3/14/97
92027 40
7.5%
6 WALNUT HILL DRIVE 120 $353.12
PENFIELD 115 0.99 38300.00 3/14/07
NY 2581024 80.00 3/14/97
14526 22
7.5%
10743 MAUE DRIVE 120 $4,492.79
ORLAND PARK 115 0.99 41000.00 3/14/07
IL 2581025 78.00 3/14/97
60462 22
7.5%
495 BURANO COURT 120 $13,126.14
AGOURA 115 0.99 90000.00 3/14/07
CA 2581026 74.00 3/14/97
91301 0
7.5%
PO BOX 770712 120 $50,000.00
STEAMBOAT 115 0.99 50000.00 3/14/07
CO 2581027 71.00 3/14/97
80488 47
7.5%
MONTGOME AL
UNKNW 120 1.99 $18,440.52
AL 2581028 90.00 115 30000.00 3/15/97
36109 0 12:00 AM
7.5%
ALPINE NJ 120 $100,474.00
UNKNW 115 0.99 100000.00 3/17/07
NJ 2581029 45.00 3/17/97
07620 0
7.5%
49 LONGVIEW AVENUE 120 $7,815.29
MADISON 115 1.99 29500.00 3/17/07
NJ 2581030 90.00 3/17/97
07940 19
7.5%
ROCHESTE MN 120 $5,596.15
UNKNW 115 0.99 20000.00 3/17/07
MN 2581031 60.00 3/17/97
55901 39
7.5%
5132 N E EVERETT STREET 120 $43,461.45
PORTLAND 115 0.99 47600.00 3/17/07
OR 2581032 80.00 3/17/97
97213 0
7.5%
17155 EAST 107TH STREET N. 120 $12,049.49
OWASSO 115 0.99 18000.00 3/17/07
OK 2581033 77.00 3/17/97
74055 35
7.5%
113 SILVER STREET 120 $16,608.30
KENTON 115 1.99 16700.00 3/17/07
OH 2581034 90.00 3/17/97
43326 44
7.5%
1325 ABERDEEN DRIVE 120 $6,945.20
BROOMFIELD 115 0.99 30000.00 3/14/07
CO 2581035 72.00 3/14/97
80020 42
7.5%
12108 E. CARPENTER ROAD 120 $11,566.28
DAVISON 115 0.99 17000.00 3/14/07
MI 2581036 80.00 3/14/97
48423 21
7.5%
12184 WOODLINE DRIVE 120 $61,585.92
FENTON 115 0.99 83400.00 3/14/07
MI 2581037 80.00 3/14/97
48430 32
7.5%
838 E. PACIFIC 120 $22,812.86
WEBSTER 115 0.99 60000.00 3/14/07
MO 2581038 74.00 3/14/97
63119 42
7.5%
MODESTO CA
UNKNW 120 0.99 $19,013.97
CA 2581039 80.00 115 20500.00 3/14/97
95350 39 12:00 AM
7.5%
203 MAPLE DRIVE 120 $8,756.25
SMYRNA 115 1.99 10000.00 3/14/07
TN 2581040 90.00 3/14/97
37167 39
7.5%
LIBERTYV IL 120 $7,337.60
UNKNW 115 0.99 25000.00 3/14/07
IL 2581041 62.00 3/14/97
60048 45
7.5%
3506 RICHLAND AVE. 120 $28,386.08
NASHVILLE 115 0.99 30000.00 3/14/07
TN 2581042 62.00 3/14/97
37205 44
7.5%
15514 EASY RIDGE COURT 120 $21,611.85
CHESTERFIELD 115 0.99 25000.00 3/14/07
MO 2581043 80.00 3/14/97
63017 25
7.5%
29 SUMMERHILL LANE 120 $47,550.57
CHESTERFIELD 115 1.99 50000.00 3/14/07
MO 2581044 87.00 3/14/97
63017 25
7.5%
BELLE PLAINE MN 120 $13,663.94
UNKNW 115 0.99 13800.00 3/14/07
MN 2581045 80.00 3/14/97
56011 0
7.5%
TEMPLE CITY CA 120 $11,399.60
UNKNW 115 1.99 28800.00 3/14/07
CA 2581046 90.00 3/14/97
91780 34
7.5%
2828 REYWOOD LANE 120 $17,963.46
MODESTO 115 1.99 18000.00 3/14/07
CA 2581047 88.00 3/14/97
95358 39
7.5%
12623 CASTLE COURT DRIVE 120 $37,727.06
LAKESIDE 115 1.99 38000.00 3/14/07
CA 2581048 90.00 3/14/97
92040 43
7.5%
P O BOX 900 120 $32,131.74
CLEVELAND 115 0.99 42000.00 3/14/07
MS 2581049 71.00 3/14/97
38732 4
7.5%
14436 STATE HIGHWAY 14E
BRUNER 120 0.99 $19,681.89
MO 2581050 80.00 115 23600.00 3/14/97
65620 35 12:00 AM
7.5%
BRANDON MS 120 $18,637.56
UNKNW 115 0.99 21000.00 3/14/07
MS 2581051 80.00 3/14/97
39042 44
7.5%
RT 2 BOX 214 120 $21,396.32
CANNON FARM 115 1.99 22000.00 3/14/07
NC 2581052 90.00 3/14/97
28752 34
7.5%
103 WOOLSEY AVE. 120 $5,000.00
GLEN COVE 115 0.99 20000.00 3/14/07
NY 2581053 72.00 3/14/97
11542 47
7.5%
6511 STONEBRIDGE BLVD 120 $7,608.37
CHARLESTOWN 115 0.99 42600.00 3/14/07
IN 2581054 80.00 3/14/97
47111 41
7.5%
291 JESSIE STREET 120 $19,513.64
LEBANON 115 1.99 20000.00 3/14/07
MO 2581055 90.00 3/14/97
65536 44
7.5%
WOODSBOR MD 120 $1,049.43
UNKNW 115 1.99 22500.00 3/14/07
MD 2581056 90.00 3/14/97
21798 51
7.5%
365 NORTH 500 WEST 120 $29,430.08
SANTAQUIN 115 0.99 30000.00 3/14/07
UT 2581057 78.00 3/14/97
84655 44
7.5%
MANALAPA NJ 120 $24,832.74
UNKNW 115 0.99 25000.00 3/14/07
NJ 2581058 38.00 3/14/97
07726 44
7.5%
SANTA ROSA CA 120 $3,000.00
UNKNW 115 0.99 50000.00 3/13/07
CA 2581059 76.00 3/13/97
95405 36
7.5%
1007 JEFFERSON CIRCLE 120 $24,750.00
CLEVELAND 115 0.99 25000.00 3/13/07
MS 2581060 74.00 3/13/97
38732 34
7.5%
303 WEST MAPLE AVENUE
NORTH LIBERTY 120 1.99 $19,285.17
IN 2581061 90.00 115 20000.00 3/13/97
46554 42 12:00 AM
7.5%
HOMEWOOD IL 120 $59,365.73
UNKNW 115 1.99 61400.00 3/13/07
IL 2581062 90.00 3/13/97
60430 30
7.5%
9121 ASPEN DRIVE 120 $29,066.89
WEED 115 0.99 30000.00 3/13/07
CA 2581063 59.00 3/13/97
96094 0
7.5%
1725 BAY BLVD. 120 $30,000.00
POINT PLEASANT 115 0.99 50000.00 3/13/07
NJ 2581064 63.00 3/13/97
08742 51
7.5%
2239 CRIMORA DRIVE 120 $29,945.17
SCHOOLCRAFT 115 0.99 30000.00 3/13/07
MI 2581065 70.00 3/13/97
49087 28
7.5%
42868 BILAND 120 $5,879.61
CLINTON 115 0.99 84000.00 3/13/07
MI 2581066 80.00 3/13/97
48038 0
7.5%
SPRINGFI MO 120 $9,999.82
UNKNW 115 0.99 10000.00 3/13/07
MO 2581067 76.00 3/13/97
65807 37
7.5%
MONROE MI 120 $41,770.58
UNKNW 115 1.99 42400.00 3/13/07
MI 2581068 90.00 3/13/97
48161 45
7.5%
40631 N NORTHVILLE TRAIL 120 $5,236.06
NORTHVILLE 115 1.99 48800.00 3/13/07
MI 2581069 90.00 3/13/97
48167 30
7.5%
103 MANORWOOD 120 $35,500.00
BLOOMFIELD 115 0.99 43500.00 3/13/07
MI 2581070 90.00 3/13/97
48301 31
7.5%
584 VICKSBORO ROAD 120 $18,650.90
HENDERSON 115 0.99 19000.00 3/12/07
NC 2581071 80.00 3/12/97
27536 35
7.5%
4158 LARK LANE
FLINT 120 1.99 $22,267.44
MI 2581072 90.00 115 22800.00 3/12/97
48506 35 12:00 AM
7.5%
1408 THAMESFORD DRIVE 120 $10,501.60
VIRGINIA BEACH 115 0.99 10600.00 3/12/07
VA 2581073 80.00 3/12/97
23464 49
7.5%
GILLETTE WY 120 $30,392.21
UNKNW 115 0.99 39000.00 3/13/07
WY 2581074 75.00 3/13/97
82716 21
7.5%
19281 JUNIPERO SERRA DRIVE 120 $39,349.83
SONOMA 115 0.99 39900.00 3/13/07
CA 2581075 80.00 3/13/97
95476 43
7.5%
8471 ROCKY FORK ROAD 120 $13,374.60
SMYRNA 115 0.99 20000.00 3/13/07
TN 2581076 61.00 3/13/97
37167 45
7.5%
16 CLARK STREET 120 $29,422.72
CRANFORD 115 0.99 50000.00 3/13/07
NJ 2581077 29.00 3/13/97
07016 38
7.5%
3344 WOODVIEW LAKE 120 $30,610.26
WEST 115 0.99 100000.00 3/13/07
MI 2581078 76.00 3/13/97
48323 28
7.5%
SOUND BEACH NY 120 $14,950.52
UNKNW 115 0.99 15000.00 3/13/07
NY 2581079 75.00 3/13/97
11789 34
7.5%
1040 REDEMPTION WAY 120 $33,132.01
FLORISSANT 115 0.99 45000.00 3/13/07
MO 2581080 70.00 3/13/97
63034 38
7.5%
70 EMERALD TRAIL 120 $34,580.81
AMHERST 115 0.99 35000.00 3/13/07
NY 2581081 63.00 3/13/97
14221 44
7.5%
12040 CANGE STREET 120 $23,283.22
ANCHORAGE 115 1.99 25100.00 3/13/07
AK 2581082 90.00 3/13/97
99516 39
7.5%
153 ALLEN DRIVE
************** 120 0.99 $40,703.61
TN 2581083 79.00 115 47000.00 3/12/97
37075 43 12:00 AM
7.5%
435 HICKORY HILL ROAD 120 $110,102.44
WEST CHESTER 115 0.99 200000.00 3/12/07
PA 2581084 65.00 3/12/97
19382 39
7.5%
WHITE LAKE MI 120 $16,907.21
UNKNW 115 0.99 26800.00 3/12/07
MI 2581085 60.00 3/12/97
48383 44
7.5%
14709 FOREST WOOD LANE 120 $22,786.26
MIDLOTHIAN 115 0.99 27300.00 3/12/07
VA 2581086 80.00 3/12/97
23112 47
7.5%
2706 ENGLISH 120 $71,414.80
TROY 115 0.99 100000.00 3/12/07
MI 2581087 57.00 3/12/97
48098 0
7.5%
245 E. MCFARLAN STREET 120 $17,586.53
DOVER 115 0.99 20000.00 3/12/07
NJ 2581088 85.00 3/12/97
07801 43
7.5%
21621 RUTH 120 $8,657.99
FARMINGTON 115 0.99 10000.00 3/12/07
MI 2581089 76.00 3/12/97
48336 46
7.5%
3129 KINGS CORNERS 120 $14,639.02
LEXINGTON 115 0.99 30000.00 3/12/07
OH 2581090 35.00 3/12/97
44904 13
7.5%
EATON RAPIDS MI 120 $7,649.97
UNKNW 115 0.99 30000.00 3/12/07
MI 2581091 55.00 3/12/97
48827 39
7.5%
BUTTONWO ARMS 120 $25,628.72
MATAWAN 115 0.99 26000.00 3/12/07
NJ 2581092 80.00 3/12/97
07747 42
7.5%
951 PINECREEK DRIVE 120 $7,915.19
CENTERVILLE 115 0.99 10000.00 3/12/07
OH 2581093 78.00 3/12/97
45458 23
7.5%
4133 FIELDS DRIVE
LAFAYETTE HILL 120 0.99 $11,657.86
PA 2581094 42.00 115 30000.00 3/12/97
19444 0 12:00 AM
7.5%
16818 BRADNER 120 $5,955.98
NORTHVILLE 115 0.99 30000.00 3/11/07
MI 2581095 70.00 3/11/97
48167 20
7.5%
RAYTOWN MO 120 $19,745.77
UNKNW 115 0.99 20000.00 3/11/07
MO 2581096 65.00 3/11/97
64138 29
7.5%
176 THOMAS OVERBY DRIVE 120 $5,182.92
SHARPSBURG 115 1.99 25000.00 3/11/07
GA 2581097 84.00 3/11/97
30277 32
7.5%
12825 WEBSTER ROAD 120 $39,468.36
BATH 115 0.99 65000.00 3/11/07
MI 2581098 69.00 3/11/97
48808 21
7.5%
1844 DORCHESTER DRIVE 120 $19,771.72
COMMERCE 115 1.99 20700.00 3/11/07
MI 2581099 90.00 3/11/97
48390 39
7.5%
16733 80TH AVE 120 $27,650.29
COOPERSVILLE 115 1.99 31300.00 3/11/07
MI 2581100 90.00 3/11/97
49404 35
7.5%
HARTFORD CT 120 $50,005.25
UNKNW 115 1.99 50000.00 3/12/07
CT 2581101 86.00 3/12/97
06105 0
7.5%
615 HOWARD STREET 120 $3,736.63
SANTA ROSA 115 0.99 20200.00 3/12/07
CA 2581102 80.00 3/12/97
95404 32
7.5%
1 MILLERS FALLS ROAD 120 $17,514.54
TURNERS FALLS 115 1.99 18000.00 3/12/07
MA 2581103 90.00 3/12/97
01376 44
7.5%
HAVERTOW PA 120 $32,285.56
UNKNW 115 1.99 33000.00 3/12/07
PA 2581104 90.00 3/12/97
19083 44
7.5%
62 OAK HILL DRIVE
WAYNE 120 0.99 $13,559.39
NJ 2581105 75.00 115 24900.00 3/12/97
07470 40 12:00 AM
7.5%
8301 AUGUSTA DRIVE 120 $9,428.38
ANAHEIM 115 1.99 20200.00 3/12/07
CA 2581106 90.00 3/12/97
92804 24
7.5%
112 KIRK DRIVE 120 $99,850.27
HUNTINGDON 115 0.99 100000.00 3/11/07
PA 2581107 55.00 3/11/97
19006 44
7.5%
CALIFORN CITY CA 120 $22,151.12
UNKNW 115 0.99 25000.00 3/11/07
CA 2581108 76.00 3/11/97
93505 42
7.5%
6479 LAMBETH WAY 120 $22,512.43
CANTON 115 0.99 75500.00 3/11/07
MI 2581109 70.00 3/11/97
48187 36
7.5%
249 EAST AVENUE 120 $104,992.19
CORONADO 115 0.99 137100.00 3/11/07
CA 2581110 75.00 3/11/97
92118 0
7.5%
607 ROCKWOOD DR. 120 $13,074.30
ARNOLD 115 1.99 14100.00 3/11/07
MO 2581111 90.00 3/11/97
63010 39
7.5%
9895 HUNT CLUB WAY 120 $10,375.69
ALPHARETTA 115 0.99 41000.00 3/11/07
GA 2581112 81.00 3/11/97
30202 33
7.5%
460 BLUFFVIEW HEIGHTS 120 $30,775.10
ARNOLD 115 0.99 35000.00 3/11/07
MO 2581113 80.00 3/11/97
63010 42
7.5%
525 WILDWOOD AVENUE 120 $22,911.00
NEW CASTLE 115 0.99 25000.00 3/11/07
PA 2581114 67.00 3/11/97
16105 42
7.5%
1807 OASIS COURT 120 $18,005.69
LAUGHLIN 115 0.99 20000.00 3/11/07
NV 2581115 78.00 3/11/97
89029 26
7.5%
36369 TULANE DRIVE
STERLING 120 0.99 $7,071.28
MI 2581116 43.00 115 15000.00 3/11/97
48312 0 12:00 AM
7.5%
ALMONT MI 120 $21,946.77
UNKNW 115 0.99 30000.00 3/11/07
MI 2581117 33.00 3/11/97
48003 23
7.5%
6882 WELLESLEY TERR 120 $35,287.91
CLARKSTON 115 0.99 50000.00 3/11/07
MI 2581118 70.00 3/11/97
48346 32
7.5%
PONTIAC MI 120 $9,145.06
UNKNW 115 0.99 10000.00 3/10/07
MI 2581119 33.00 3/10/97
48340 43
7.5%
3103 GREENFIELD ROAD 120 $7,840.08
GLENSHAW 115 0.99 12000.00 3/10/07
PA 2581120 67.00 3/10/97
15116 31
7.5%
4212 E SCHMALZRIED ROAD 120 $15,091.57
LAGRO 115 1.99 15100.00 3/10/07
IN 2581121 90.00 3/10/97
46941 34
7.5%
3026 ARROBA WAY 120 $12,288.53
SAN JOSE 115 0.99 20000.00 3/10/07
CA 2581122 72.00 3/10/97
95118 29
7.5%
2264 LINCOLN MANOR DRIVE 120 $7,400.26
FLINT 115 1.99 18100.00 3/5/07
MI 2581123 90.00 3/5/97
48507 0
7.5%
CALLAHAN FL 120 $58,560.76
UNKNW 115 0.99 66000.00 3/11/07
FL 2581124 78.00 3/11/97
32011 0
7.5%
120 FANNING AVENUE 120 $61,586.79
DRACUT 115 0.99 62400.00 3/11/07
MA 2581125 80.00 3/11/97
01826 27
7.5%
29 LAND OF NODD 120 $16,631.85
WINDHAM 115 0.99 30000.00 3/11/07
ME 2581126 73.00 3/11/97
04062 32
7.5%
125 KENT BLVD
SALAMANCA 120 0.99 $11,598.95
NY 2581127 27.00 115 12000.00 3/11/97
14779 24 12:00 AM
7.5%
NORTH ROSE NY 120 $14,232.70
UNKNW 115 0.99 15000.00 3/11/07
NY 2581128 32.00 3/11/97
14516 40
7.5%
7079 WINDING TRAIL 120 $49,443.71
BRIGHTON 115 0.99 50000.00 3/11/07
MI 2581129 74.00 3/11/97
48116 26
7.5%
1490 MELBOURNE COVE 120 $12,561.54
ORANGE PARK 115 1.99 15000.00 3/11/07
FL 2581130 84.00 3/11/97
32073 33
7.5%
291 EAST DAVIS BRIDGE ROAD 120 $16,024.25
VILLA RICA 115 0.99 40000.00 3/10/07
GA 2581131 69.00 3/10/97
30180 18
7.5%
205 CHARMUTH ROAD 120 $62,639.57
TIMONIUM 115 0.99 75000.00 3/10/07
MD 2581132 75.00 3/10/97
21093 36
7.5%
1934 TRUMAN NE 120 $31,730.95
ALBUQUERQUE 115 1.99 32000.00 3/10/07
NM 2581133 90.00 3/10/97
87110 37
7.5%
2400 ASHLAND 120 $48,397.83
ROLLING 115 0.99 50500.00 3/10/07
IL 2581134 70.00 3/10/97
60008 54
7.5%
7181 MAYETTA DRIVE 120 $22,380.63
MECHANICSVILLE 115 0.99 23000.00 3/10/07
VA 2581135 70.00 3/10/97
23111 44
7.5%
604 HANGMANS RD. 120 $33,713.20
BAILEY 115 0.99 35000.00 3/10/07
CO 2581136 62.00 3/10/97
80421 36
7.5%
FONTANA CA 120 $39,854.72
UNKNW 115 0.99 40000.00 3/10/07
CA 2581137 32.00 3/10/97
92335 39
7.5%
N8802 MCELROY ROAD
PARDEEVILLE 120 0.99 $11,928.25
WI 2581138 76.00 115 12000.00 3/10/97
53954 40 12:00 AM
7.5%
5772 RADFORD AVENUE 120 $45,553.22
VALLEY VILLAGE 115 1.99 46000.00 3/10/07
CA 2581139 90.00 3/10/97
91607 49
7.5%
LA MESA CA 120 $17,776.67
UNKNW 115 1.99 43000.00 3/10/07
CA 2581140 90.00 3/10/97
91941 45
7.5%
YONKERS NY 120 $10,355.34
UNKNW 115 0.99 11000.00 3/10/07
NY 2581141 80.00 3/10/97
10708 15
7.5%
MECHANIC PA 120 $28,700.00
UNKNW 115 0.99 30000.00 3/10/07
PA 2581142 54.00 3/10/97
17055 22
7.5%
966 CABRIOLE COURT 120 $36,816.66
EUGENE 115 1.99 38000.00 3/7/07
OR 2581143 88.00 3/7/97
97401 42
7.5%
1504 TALLY HO COURT 120 $30,404.45
KOKOMO 115 0.99 33500.00 3/4/07
IN 2581144 80.00 3/4/97
46902 0
7.5%
3827 FOREST AVENUE 120 $26,447.79
WESTERN 115 0.99 46000.00 3/8/07
IL 2581145 79.00 3/8/97
60558 30
7.5%
8772 BOULDER RIDGE COURT 120 $7,127.74
SALEM 115 0.99 78700.00 3/10/07
OR 2581146 80.00 3/10/97
97301 32
7.5%
SUITE T-19 120 $25,579.06
PORTLAND 115 0.99 27600.00 3/10/07
OR 2581147 80.00 3/10/97
97204 36
7.5%
HATTIESB MS 120 $38,069.75
UNKNW 115 0.99 41000.00 3/10/07
MS 2581148 17.00 3/10/97
39402 9
7.5%
1132 BROMPTON ROAD
ROCHESTER 120 0.99 $46,859.77
MI 2581149 72.00 115 47000.00 3/10/97
48309 43 12:00 AM
7.5%
234 TARA PLACE 120 $26,528.47
MANY 115 0.99 32000.00 3/10/07
LA 2581150 85.00 3/10/97
71449 44
7.5%
114-31 200TH STREET 120 $18,538.40
ST. ALBANS 115 1.99 20000.00 3/10/07
NY 2581151 89.00 3/10/97
11412 34
7.5%
MORROW GA 120 $12,839.43
UNKNW 115 0.99 30000.00 3/10/07
GA 2581152 67.00 3/10/97
30260 31
7.5%
8110 NORTH 120TH EAST 120 $8,360.68
OWASSO 115 0.99 10000.00 3/10/07
OK 2581153 67.00 3/10/97
74055 22
7.5%
1095 SHALLOWDALE DRIVE 120 $10,931.77
TROY 115 0.99 50000.00 3/10/07
MI 2581154 73.00 3/10/97
48098 24
7.5%
18 FLEMING COURT 120 $52,589.70
LONG VALLEY 115 0.99 70000.00 3/7/07
NJ 2581155 80.00 3/7/97
07853 44
7.5%
411 W SENECA 120 $17,562.49
NOWATA 115 0.99 18000.00 3/7/07
OK 2581156 71.00 3/7/97
74048 44
7.5%
1260 CENTRAL PARKWAY 120 $21,983.04
FLORISSANT 115 1.99 23500.00 3/7/07
MO 2581157 90.00 3/7/97
63031 36
7.5%
30609 CHAMPINE 120 $6,242.27
ST CLAIR SHORES 115 0.99 25000.00 3/7/07
MI 2581158 80.00 3/7/97
48082 35
7.5%
DEARBORN HEIGHTS MI 120 $6,396.57
UNKNW 115 0.99 22900.00 3/7/07
MI 2581159 80.00 3/7/97
48127 36
7.5%
1 ANDREWS STREET
WILMINGTON 120 0.99 $35,965.39
MA 2581160 80.00 115 60500.00 3/7/97
01887 40 12:00 AM
7.5%
TOWNSEND MA 120 $18,616.74
UNKNW 115 0.99 20000.00 3/7/07
MA 2581161 72.00 3/7/97
01469 30
7.5%
650 WAGNER ROAD 120 $25,416.74
LAFAYETTE HILL 115 0.99 30000.00 3/7/07
PA 2581162 79.00 3/7/97
19444 27
7.5%
151 CHERRY 120 $39,231.30
TROY 115 1.99 50000.00 3/7/07
MI 2581163 90.00 3/7/97
48083 34
7.5%
126 ROCK GLEN WAY 120 $11,078.58
SANTEE 115 1.99 31600.00 3/7/07
CA 2581164 90.00 3/7/97
92071 25
7.5%
22960 GILL 120 $2,741.70
FARMINGTON 115 0.99 45000.00 3/7/07
MI 2581165 79.00 3/7/97
48335 27
7.5%
FARMINGT HILLS MI 120 $13,906.94
UNKNW 115 1.99 15000.00 3/7/07
MI 2581166 86.00 3/7/97
48331 41
7.5%
93 OAK TREE DRIVE 120 $24,981.29
CANFIELD 115 0.99 30000.00 3/6/07
OH 2581167 69.00 3/6/97
44406 24
7.5%
560 CHESTERFIELD LANE 120 $24,098.31
BARRINGTON 115 0.99 30000.00 3/6/07
IL 2581168 60.00 3/6/97
60010 33
7.5%
712 INNES 120 $10,511.68
GRAND RAPIDS 115 1.99 11200.00 3/6/07
MI 2581169 90.00 3/6/97
49503 45
7.5%
282 EASTLAWN STREET 120 $39,000.00
FAIRFIELD 115 0.99 39000.00 3/6/07
CT 2581170 90.00 3/6/97
06430 29
7.5%
1060 HARTFORD STREET
CAMBRIA 120 0.99 $64,944.65
CA 2581171 24.00 115 70000.00 3/6/97
93428 13 12:00 AM
7.5%
SONOMA CA 120 $48,184.04
UNKNW 115 0.99 50000.00 3/7/07
CA 2581172 78.00 3/7/97
95476 46
7.5%
320 LINCOLN AVENUE 120 $13,661.86
ELGIN 115 1.99 14000.00 3/7/07
IL 2581173 90.00 3/7/97
60120 0
7.5%
PORTAGE MI 120 $10,978.80
UNKNW 115 1.99 11100.00 3/7/07
MI 2581174 90.00 3/7/97
49002 33
7.5%
99 GREEN MEADOWS 120 $48,648.07
WENTZVILLE 115 1.99 125900.00 3/7/07
MO 2581175 90.00 3/7/97
63385 10
7.5%
501 HOOD BOULEVARD 120 $14,126.95
FAIRLESS HILL 115 0.99 15000.00 3/7/07
PA 2581176 61.00 3/7/97
19030 43
7.5%
2749 PENDLETON DRIVE 120 $20,514.59
BLOOMFIELD 115 0.99 58300.00 3/7/07
MI 2581177 80.00 3/7/97
48304 16
7.5%
85 MICHAEL DRIVE 120 $34,470.34
GUILFORD 115 1.99 35700.00 3/7/07
CT 2581178 87.00 3/7/97
06437 44
7.5%
CORONA CA 120 $14,797.79
UNKNW 115 1.99 15000.00 3/5/07
CA 2581179 86.00 3/5/97
91719 48
7.5%
6235 MARSHALL RD. 120 $8,737.48
NASHVILLE 115 0.99 42500.00 3/5/07
MI 2581180 75.00 3/5/97
49073 43
7.5%
EDINBURG IL 120 $19,832.15
UNKNW 115 1.99 20000.00 3/6/07
IL 2581181 83.00 3/6/97
62531 46
7.5%
HOLLISTE CA
UNKNW 120 1.99 $19,850.50
CA 2581182 90.00 115 24700.00 3/6/97
95023 42 12:00 AM
7.5%
CARMEL NY 120 $30,640.53
UNKNW 115 1.99 38600.00 3/6/07
NY 2581183 90.00 3/6/97
10512 43
7.5%
120 E WATMAUGH ROAD 120 $33,355.66
SONOMA 115 0.99 50000.00 3/6/07
CA 2581184 40.00 3/6/97
95476 43
7.5%
82 HYATT ROAD 120 $24,404.02
BRANCHVILLE 115 0.99 25000.00 3/6/07
NJ 2581185 67.00 3/6/97
07826 40
7.5%
79 MAIN STREET 120 $23,983.04
TOPSHAM 115 0.99 30000.00 3/6/07
ME 2581186 72.00 3/6/97
04086 29
7.5%
56 SIDNEY COURT 120 $40,129.81
BRICK 115 0.99 68000.00 3/6/07
NJ 2581187 80.00 3/6/97
08724 41
7.5%
CHICAGO IL 120 $17,457.69
UNKNW 115 1.99 23000.00 3/6/07
IL 2581188 89.00 3/6/97
60620 35
7.5%
226 OAKVIEW STREET 120 $16,834.42
PITTSBURGH 115 0.99 17000.00 3/6/07
PA 2581189 80.00 3/6/97
15218 13
7.5%
3513 BOSTON'S FARM DRIVE 120 $14,349.69
ST LOUIS 115 0.99 15000.00 3/6/07
MO 2581190 79.00 3/6/97
63044 44
7.5%
657 PEMBROKE ROAD 120 $11,575.53
RYDAL 115 0.99 15000.00 3/5/07
PA 2581191 77.00 3/5/97
19046 42
7.5%
33290 NORTH HA WA SI TRAIL 120 $29,883.81
BLACK CANYON 115 0.99 30000.00 3/5/07
AZ 2581192 73.00 3/5/97
85324 43
7.5%
12232 OVERLOOK DRIVE
FENTON 120 0.99 $23,938.37
MI 2581193 74.00 115 60000.00 3/5/97
48430 18 12:00 AM
7.5%
9789 WEST HURON RIVER 120 $64,191.31
DEXTER 115 0.99 67600.00 3/5/07
MI 2581194 80.00 3/5/97
48130 40
7.5%
8 OLD STONE ROAD 120 $25,265.04
COLUMBIA 115 0.99 45000.00 3/5/07
IL 2581195 80.00 3/5/97
62236 35
7.5%
AURORA CO 120 $13,080.46
UNKNW 115 1.99 20500.00 3/5/07
CO 2581196 88.00 3/5/97
80015 51
7.5%
2302 S. ELDRIDGE ST. 120 $18,146.88
LAKEWOOD 115 1.99 18500.00 3/5/07
CO 2581197 90.00 3/5/97
80228 43
7.5%
41742 WESTBURY LN 120 $23,545.15
CLINTON 115 0.99 24000.00 3/5/07
MI 2581198 78.00 3/5/97
48038 36
7.5%
712 24TH AVENUE 120 $18,689.60
MINOT 115 1.99 18900.00 3/5/07
ND 2581199 90.00 3/5/97
58701 41
7.5%
NASHVILL TN 120 $5,458.11
UNKNW 115 1.99 16300.00 3/5/07
TN 2581200 90.00 3/5/97
37214 40
7.5%
DANSVILL MI 120 $15,712.59
UNKNW 115 1.99 15800.00 3/5/07
MI 2581201 90.00 3/5/97
48819 42
7.5%
9100 MC GEHEE ROAD 120 $14,183.03
MONTGOMERY 115 0.99 15000.00 3/5/07
AL 2581202 71.00 3/5/97
36105 51
7.5%
PO BOX 445 120 $88,427.74
WILSON 115 0.99 190000.00 3/5/07
WY 2581203 80.00 3/5/97
83014 22
7.5%
4271 SEQUOIA PLACE
ACWORTH 120 0.99 $38,102.21
GA 2581204 80.00 115 40500.00 3/5/97
30102 34 12:00 AM
7.5%
132 WINTER LANE 120 $8,168.34
BOONES MILL 115 0.99 10000.00 3/5/07
VA 2581205 71.00 3/5/97
24065 31
7.5%
959 LONGFELLOW STREET 120 $18,499.24
DETROIT 115 0.99 20000.00 3/5/07
MI 2581206 26.00 3/5/97
48202 45
7.5%
3641 RUTGERS DRIVE 120 $18,773.36
BETHLEHEM 115 0.99 19700.00 3/5/07
PA 2581207 85.00 3/5/97
18017 43
7.5%
360 BERTHOLD AVENUE 120 $33,381.75
RAHWAY 115 0.99 50000.00 3/5/07
NJ 2581208 70.00 3/5/97
07065 44
7.5%
MEDFORD OR 120 $18,954.32
UNKNW 115 0.99 19000.00 3/5/07
OR 2581209 80.00 3/5/97
97501 43
7.5%
431 BALDWIN ROAD 120 $37,414.87
BIRMINGHAM 115 0.99 74800.00 3/5/07
MI 2581210 80.00 3/5/97
48009 27
7.5%
5749 CORBETT CIRCLE 120 $5,000.00
SANTA ROSA 114 0.99 12800.00 2/28/07
CA 2581211 70.00 2/28/97
95403 0
7.5%
505 E SAINT LOUIS AVE 120 $4,308.53
EFFINGHAM 115 0.99 20000.00 3/5/07
IL 2581212 73.00 3/5/97
62401 21
7.5%
828 EAST REA STREET 120 $2,975.69
MARSHALL 115 0.99 10000.00 3/5/07
MO 2581213 80.00 3/5/97
65340 22
7.5%
RAYMOND MS 120 $37,695.67
UNKNW 115 1.99 38600.00 3/5/07
MS 2581214 90.00 3/5/97
39154 40
7.5%
WATERLOO IA
UNKNW 120 0.99 $14,095.11
IA 2581215 69.00 115 15000.00 3/4/97
50701 33 12:00 AM
7.5%
4911 JANELLE DRIVE 120 $12,447.81
HARRISBURG 115 0.99 30000.00 3/4/07
PA 2581216 38.00 3/4/97
17112 26
7.5%
2413 S. WAVERLY ROAD 120 $25,309.59
EATON RAPIDS 115 1.99 25700.00 3/4/07
MI 2581217 90.00 3/4/97
48827 17
7.5%
107 OAKLAWN DR 120 $10,158.91
GALLATIN 115 1.99 16000.00 3/4/07
TN 2581218 90.00 3/4/97
37066 45
7.5%
EATON RAPIDS MI 120 $24,100.26
UNKNW 115 0.99 24500.00 3/4/07
MI 2581219 80.00 3/4/97
48827 46
7.5%
2430 CENTRAL AVE. 120 $11,670.35
GRAND RAPIDS 115 1.99 12000.00 3/4/07
MI 2581220 90.00 3/4/97
49509 44
7.5%
30950 WHITE COTTON LANE 120 $14,904.88
STEAMBOAT 115 0.99 35000.00 3/4/07
CO 2581221 64.00 3/4/97
80488 35
7.5%
10585 TAMRYN BOULEVARD 120 $19,923.24
HOLLY 115 0.99 34700.00 3/4/07
MI 2581222 80.00 3/4/97
48442 26
7.5%
2025 STOCKBRIDGE DRIVE 120 $3,518.09
NEWMAN 115 0.99 30000.00 3/4/07
CA 2581223 57.00 3/4/97
95360 44
7.5%
901 GROVE STREET 120 $55,000.00
MARQUETTE 115 0.99 55000.00 3/5/07
MI 2581224 80.00 3/5/97
49855 39
7.5%
ROCHESTE HILLS MI 120 $27,717.57
UNKNW 115 0.99 30000.00 3/5/07
MI 2581225 63.00 3/5/97
48307 38
7.5%
GRANDVIL MI
UNKNW 120 0.99 $26,409.06
MI 2581226 80.00 115 26700.00 3/5/97
49418 45 12:00 AM
7.5%
1 ST. JAMES PLACE 120 $14,075.18
HIGHLAND 115 1.99 15400.00 3/3/07
IL 2581227 90.00 3/3/97
62249 37
7.5%
LAKE ORION MI 120 $24,593.54
UNKNW 115 0.99 28900.00 3/3/07
MI 2581228 80.00 3/3/97
48359 32
7.5%
4474 THORNTREE DRIVE 120 $17,623.15
BURTON 115 0.99 25000.00 3/4/07
MI 2581229 66.00 3/4/97
48509 28
7.5%
UTICA MI 120 $36,431.16
UNKNW 115 0.99 48000.00 3/4/07
MI 2581230 80.00 3/4/97
48317 30
7.5%
34300 MCBRIDE 120 $8,306.47
ROMULUS 115 0.99 65000.00 3/4/07
MI 2581231 72.00 3/4/97
48174 24
7.5%
951 ORANGEWOOD COURT 120 $5,232.25
LEMOORE 115 0.99 54700.00 3/4/07
CA 2581232 80.00 3/4/97
93245 25
7.5%
575 WELLER LANE 120 $2,494.62
ASHLAND 115 0.99 30000.00 3/4/07
OR 2581233 43.00 3/4/97
97520 36
7.5%
8810 ROCKDALE ROAD 120 $15,314.97
RICHMOND 115 1.99 21300.00 3/4/07
VA 2581234 90.00 3/4/97
23236 35
7.5%
HOOKSETT NH 120 $19,797.87
UNKNW 115 0.99 25000.00 3/4/07
NH 2581235 24.00 3/4/97
03106 48
7.5%
11751 SOUTH STONE VALLEY 120 $19,367.40
SANDY 115 0.99 25000.00 3/4/07
UT 2581236 77.00 3/4/97
84094 28
7.5%
1270 NEW YORK DRIVE
CONCORD 120 0.99 $4,234.93
CA 2581237 60.00 115 50000.00 3/4/97
94521 27 12:00 AM
7.5%
NASHVILL TN 120 $17,106.18
UNKNW 115 1.99 24300.00 3/4/07
TN 2581238 90.00 3/4/97
37212 39
7.5%
STEAMBOA SPRINGS CO 120 $48,692.37
UNKNW 115 0.99 67000.00 3/3/07
CO 2581239 39.00 3/3/97
80477 42
7.5%
1843 VISTA DEL VERDE DRIVE 120 $9,846.00
GLENDALE 115 1.99 12400.00 3/3/07
CA 2581240 90.00 3/3/97
91208 0
7.5%
412 HOLIDAY DRIVE 120 $17,599.00
GREENTOWN 114 1.99 17600.00 2/27/07
IN 2581241 90.00 2/27/97
46936 41
7.5%
450 LASSEN DRIVE 120 $21,598.77
MARTINEZ 115 0.99 21700.00 3/3/07
CA 2581242 80.00 3/3/97
94553 41
7.5%
11423 BARTEE AVENUE 120 $6,283.17
MISSION HILLS 115 0.99 34800.00 3/3/07
CA 2581243 80.00 3/3/97
91345 20
7.5%
14200 EGGLESTON 120 $49,986.61
RIVERDALE 115 0.99 50000.00 3/3/07
IL 2581244 52.00 3/3/97
60627 31
7.5%
PENDLETO OR 120 $17,498.70
UNKNW 115 0.99 20000.00 3/3/07
OR 2581245 64.00 3/3/97
97801 19
7.5%
9585 S. CHERRYVALE DR 120 $9,329.37
LITTLETON 115 1.99 10100.00 3/3/07
CO 2581246 90.00 3/3/97
80126 41
7.5%
6 PAUL REVERE DRIVE 120 $21,787.94
WORCESTER 115 1.99 22000.00 3/3/07
MA 2581247 84.00 3/3/97
01609 41
7.5%
KODAK TN
UNKNW 120 0.99 $24,000.00
TN 2581248 69.00 115 30000.00 3/3/97
37764 33 12:00 AM
7.5%
FAIRLESS HILLS PA 120 $24,503.12
UNKNW 115 0.99 25000.00 3/3/07
PA 2581249 71.00 3/3/97
19030 39
7.5%
MUTTONTO NY 120 $23,572.28
UNKNW 115 1.49 25000.00 3/3/07
NY 2581250 21.00 3/3/97
11791 36
7.5%
32854 RED OAKS TRAIL 120 $49,496.84
BEVERLY HILLS 114 1.99 50000.00 2/28/07
MI 2581251 86.00 2/28/97
48025 44
7.5%
5739 COLISEUM STREET 120 $20,373.91
LOS ANGELES 114 1.99 20700.00 2/28/07
CA 2581252 90.00 2/28/97
90016 42
7.5%
936 GREEN DRIVE 120 $20,193.50
COSHOCTON 114 0.99 30000.00 2/28/07
OH 2581253 30.00 2/28/97
43812 16
7.5%
817 SOUTH THIRD AVENUE 120 $16,257.97
BOZEMAN 114 0.99 30000.00 2/28/07
MT 2581254 56.00 2/28/97
59715 41
7.5%
37161 JEFFERSON AVENUE 120 $8,581.53
HARRISON 114 0.99 15000.00 2/28/07
MI 2581255 62.00 2/28/97
48045 28
7.5%
FOREST VA 120 $13,072.56
UNKNW 114 1.99 14400.00 2/24/07
VA 2581256 90.00 2/24/97
24551 0
7.5%
#12 BENTON COURT 120 $18,239.27
O' FALLON 114 0.99 21900.00 2/28/07
MO 2581257 80.00 2/28/97
63366 35
7.5%
2223 JUNIPER COURT 120 $58,140.83
SHELBY 114 0.99 87000.00 2/28/07
MI 2581258 80.00 2/28/97
48316 44
7.5%
1455 PEPPER DRIVE
EL CENTRO 120 1.99 $44,477.38
CA 2581259 90.00 115 46700.00 3/3/97
92243 27 12:00 AM
7.5%
501 EAST DURANT 120 $53,715.35
WILBURTON 115 0.99 70000.00 3/3/07
OK 2581260 80.00 3/3/97
74578 36
7.5%
2432 FLINTRIDGE DRIVE 120 $15,774.21
GLENDALE 115 1.99 47500.00 3/3/07
CA 2581261 90.00 3/3/97
91206 25
7.5%
4332 FRUITVALE AVENUE 120 $19,646.41
OAKLAND 115 0.99 30000.00 3/3/07
CA 2581262 65.00 3/3/97
94602 51
7.5%
OAKLAND PARK FL 120 $16,527.75
UNKNW 114 0.99 20000.00 2/28/07
FL 2581263 81.00 2/28/97
33334 36
7.5%
CENTERVI UT 120 $59,073.02
UNKNW 114 0.99 100000.00 2/28/07
UT 2581264 80.00 2/28/97
84014 27
7.5%
P.O. BOX 163 120 $36,067.31
JACKSON 114 0.99 77000.00 2/28/07
WY 2581265 79.00 2/28/97
83001 43
7.5%
7708 BRANDBURY PLACE 120 $11,461.19
DUBLIN 114 1.99 22000.00 2/28/07
OH 2581266 88.00 2/28/97
43017 42
7.5%
120 $32,046.42
UNKNW 114 1.99 33000.00 2/28/07
NY 2581267 90.00 2/28/97
00000 37
7.5%
4137 LA JUNTA DRIVE 120 $1,178.58
CLAREMONT 114 0.99 50000.00 2/28/07
CA 2581268 75.00 2/28/97
91711 21
7.5%
101 MADRONE AVENUE 120 $6,593.79
WOODACRE 114 0.99 25000.00 2/28/07
CA 2581269 46.00 2/28/97
94973 23
7.5%
1560 ST PAUL STREET
DENVER 120 0.99 $49,457.66
CO 2581270 62.00 114 50000.00 2/28/97
80206 38 12:00 AM
7.5%
954 KITTIWAKE LANE 120 $38,694.53
CHULA VISTA 114 0.99 53400.00 2/28/07
CA 2581271 80.00 2/28/97
91911 40
7.5%
179 WOODSIDE AVENUE 120 $64,924.62
FRANKLIN LAKES 114 0.99 100000.00 2/28/07
NJ 2581272 64.00 2/28/97
07417 44
7.5%
805 CHURCH STREET 120 $48,962.38
MIDDLETOWN 114 0.99 50000.00 2/28/07
NJ 2581273 74.00 2/28/97
07748 46
7.5%
5500 MAIN STREET 120 $30,978.70
STRATFORD 114 0.99 80400.00 2/28/07
CT 2581274 80.00 2/28/97
06497 44
7.5%
5587 OAKHURST DRIVE 120 $71,716.62
CAMBRIA 114 0.99 78500.00 2/27/07
CA 2581275 80.00 2/27/97
93428 48
7.5%
7113 WEST VIEW BLVD. 120 $18,990.36
FAIRVIEW 114 0.99 25000.00 2/27/07
TN 2581276 77.00 2/27/97
37062 42
7.5%
SOUTHFIE MI 120 $10,605.21
UNKNW 114 0.99 20000.00 2/27/07
MI 2581277 77.00 2/27/97
48075 26
7.5%
DUMONT NJ 120 $21,874.78
UNKNW 114 1.49 44300.00 2/27/07
NJ 2581278 70.00 2/27/97
07628 16
7.5%
35311 MALIBU 120 $26,399.68
STERLING 114 1.99 26400.00 2/27/07
MI 2581279 90.00 2/27/97
48312 27
7.5%
307 BELAIR DR 120 $9,781.95
SMYRNA 114 1.99 11000.00 2/27/07
TN 2581280 87.00 2/27/97
37167 41
7.5%
ELDORADO IL
UNKNW 120 0.99 $20,800.00
IL 2581281 60.00 114 30000.00 2/27/97
62930 18 12:00 AM
7.5%
129 SEALION PLACE 120 $54,989.14
VALLEJO 114 1.99 55000.00 2/27/07
CA 2581282 89.00 2/27/97
94591 35
7.5%
7520 N. SPRING STREET 120 $47,921.68
BROHMAN 114 1.49 50000.00 2/27/07
MI 2581283 67.00 2/27/97
49312 49
7.5%
2094 TRESTLE GLEN ROAD 120 $39,018.10
WALNUT CREEK 114 1.99 39200.00 2/27/07
CA 2581284 90.00 2/27/97
94598 34
7.5%
5272 MARLWOOD 120 $5,240.94
WEST 114 0.99 99000.00 2/27/07
MI 2581285 73.00 2/27/97
48323 30
7.5%
13954 SHALESTONE DR 120 $24,576.83
CLIFTON 114 1.99 25000.00 2/27/07
VA 2581286 90.00 2/27/97
20124 42
7.5%
4542 PETOSKEY 120 $18,937.81
WILLIAMSTON 114 0.99 23000.00 2/26/07
MI 2581287 80.00 2/26/97
48895 26
7.5%
7004 BLVD EAST 29C 120 $43,000.00
GUTTENBERG 114 0.99 43000.00 2/26/07
NJ 2581288 80.00 2/26/97
07093 28
7.5%
3 FAWN LAKE DRIVE 120 $9,888.04
ST PETERS 114 1.99 10000.00 2/27/07
MO 2581289 88.00 2/27/97
63376 43
7.5%
4235 EAST LEAKE ROAD 120 $14,951.88
GUM SPRING 114 1.99 15000.00 2/27/07
VA 2581290 89.00 2/27/97
23065 40
7.5%
LANSING MI 120 $14,938.58
UNKNW 114 1.99 15700.00 2/27/07
MI 2581291 90.00 2/27/97
48917 43
7.5%
10 LEATHERSTOCKING LANE
SCARSDALE 120 1.49 $95,667.69
NY 2581292 66.00 114 100000.00 2/27/97
10583 43 12:00 AM
7.5%
MADISON HEIGHTS MI 120 $22,891.81
UNKNW 114 0.99 40000.00 2/27/07
MI 2581293 37.00 2/27/97
48071 45
7.5%
PITTSBUR PA 120 $12,360.42
UNKNW 114 0.99 30000.00 2/27/07
PA 2581294 43.00 2/27/97
15205 41
7.5%
6002 CHURCH ROAD 120 $23,746.57
FERNDALE 114 4.00 30000.00 2/27/07
WA 2581295 79.00 2/27/97
98248 40
7.22%
1365 STONETREE 120 $24,866.65
TROY 114 0.99 49500.00 2/27/07
MI 2581296 80.00 2/27/97
48083 29
7.5%
159 HARDING ST. 120 $45,407.27
ELGIN 114 1.99 55100.00 2/27/07
IL 2581297 87.00 2/27/97
60123 34
7.5%
COLUMBIA MO 120 $12,238.80
UNKNW 114 0.99 12400.00 2/27/07
MO 2581298 80.00 2/27/97
65201 40
7.5%
15 CHESTNUT STREET 120 $24,025.00
REHOBOTH 114 1.99 24300.00 2/21/07
MA 2581299 90.00 2/21/97
02769 0
7.5%
P.O. BOX 53 120 $64,260.70
BLUE POINT 114 0.99 64800.00 2/26/07
NY 2581300 80.00 2/26/97
11715 42
7.5%
609 CHESTNUT STREET 120 $28,053.75
BEREA 114 0.99 30000.00 2/26/07
KY 2581301 75.00 2/26/97
40403 22
7.5%
LAGUNA BEACH CA 120 $17,185.70
UNKNW 114 0.99 35000.00 2/26/07
CA 2581302 71.00 2/26/97
92651 45
7.5%
RENO NV
UNKNW 120 0.99 $19,842.82
NV 2581303 80.00 114 22500.00 2/26/97
89506 42 12:00 AM
7.5%
HASKELL NJ 120 $17,759.11
UNKNW 114 1.99 20000.00 2/26/07
NJ 2581304 88.00 2/26/97
07420 32
7.5%
NHN ALYESKA HIGHWAY 120 $50,149.43
GIRDWOOD 114 0.99 50000.00 2/26/07
AK 2581305 80.00 2/26/97
99587 32
7.5%
104 WHITE OAK CIRCLE 120 $12,449.76
WEST MONROE 114 0.99 18000.00 2/26/07
LA 2581306 80.00 2/26/97
71291 39
7.5%
10 ALVIN ROAD 120 $2,201.91
WALNUT CREEK 114 0.99 26700.00 2/26/07
UT 2581307 75.00 2/26/97
94598 48
7.5%
DENVER CO 120 $9,646.00
UNKNW 114 1.99 11500.00 2/26/07
CO 2581308 90.00 2/26/97
80239 19
7.5%
MASON MI 120 $24,028.90
UNKNW 114 0.99 24200.00 2/26/07
MI 2581309 80.00 2/26/97
48854 0
7.5%
2505 WOODLARK DRIVE 120 $3,978.21
ONTARIO 114 1.99 10000.00 2/26/07
CA 2581310 89.00 2/26/97
91761 45
7.5%
17783 VERMONT STREET 120 $9,044.32
GRAFTON 114 0.99 25000.00 2/25/07
OH 2581311 80.00 2/25/97
44044 44
7.5%
4316 LEHIGH DRIVE 120 $10,619.45
TROY 114 1.99 46500.00 2/25/07
MI 2581312 90.00 2/25/97
48098 31
7.5%
TIMBERLA OH 120 $41,025.24
UNKNW 114 0.99 49700.00 2/25/07
OH 2581313 80.00 2/25/97
44095 45
7.5%
2401 OLIVE GROVE CT.
RIVERBANK 120 1.99 $23,119.49
CA 2581314 89.00 114 27000.00 2/25/97
95367 29 12:00 AM
7.5%
FORT COLLINS CO 120 $13,490.31
UNKNW 114 1.99 14000.00 2/25/07
CO 2581315 90.00 2/25/97
80525 33
7.5%
215 RIDGECREST DRIVE 120 $23,078.39
CANNON FALLS 114 1.99 23200.00 2/25/07
MN 2581316 90.00 2/25/97
55009 0
7.5%
800 ESTHER DRIVE 120 $15,521.14
LAKE ORION 114 0.99 29700.00 2/25/07
MI 2581317 80.00 2/25/97
48362 45
7.5%
3304 AMMON WAY 120 $9,923.20
FOREST GROVE 114 0.99 10000.00 2/25/07
OR 2581318 77.00 2/25/97
97116 33
7.5%
25408 HAINES ROAD 120 $17,301.49
GREENWOOD 114 1.99 18500.00 2/25/07
MO 2581319 90.00 2/25/97
64034 39
7.5%
12424 CALLE LUCIA TERRACE 120 $11,872.93
LAKESIDE 114 1.99 49900.00 2/25/07
CA 2581320 90.00 2/25/97
92040 23
7.5%
ATTLEBOR MA 120 $25,313.75
UNKNW 114 1.99 25800.00 2/26/07
MA 2581321 90.00 2/26/97
02703 31
7.5%
246 SOUTH REVERE STREET 120 $14,293.45
HARRISBURG 114 0.99 17300.00 2/26/07
PA 2581322 80.00 2/26/97
17109 47
7.5%
R R 2, BOX 278 120 $43,335.77
DINGMANS FERRY 114 0.99 46500.00 2/24/07
PA 2581323 71.00 2/24/97
18328 42
7.5%
HENDERSO NV 120 $16,798.31
UNKNW 114 0.99 20000.00 2/24/07
NV 2581324 22.00 2/24/97
89015 13
7.5%
LEONARD MI
UNKNW 120 0.99 $2,458.30
MI 2581325 80.00 114 55000.00 2/24/97
48367 36 12:00 AM
7.5%
6325 TONAWANDA CREEK 120 $19,790.40
LOCKPORT 114 0.99 21600.00 2/24/07
NY 2581326 80.00 2/24/97
14094 40
7.5%
25521 HOPKINS STREET 120 $14,896.05
DEARBORN 114 0.99 15000.00 2/24/07
MI 2581327 74.00 2/24/97
48125 35
7.5%
110-21 73RD ST. APT. 2M 120 $17,600.00
FOREST HILLS 114 1.99 35200.00 2/24/07
NY 2581328 90.00 2/24/97
11375 40
7.5%
SAGAMORE HILLS OH 120 $18,888.59
UNKNW 114 0.99 20600.00 2/24/07
OH 2581329 80.00 2/24/97
44067 34
7.5%
815 HATHAWAY 120 $24,386.95
AUBURN HILLS 114 1.99 24500.00 2/24/07
MI 2581330 86.00 2/24/97
48326 41
7.5%
3160 EAST WOODSON ROAD 120 $28,830.88
ACAMPO 114 1.99 29000.00 2/25/07
CA 2581331 90.00 2/25/97
95220 41
7.5%
WEST BLOOMFIELD MI 120 $246,599.74
UNKNW 114 0.99 250000.00 2/25/07
MI 2581332 41.00 2/25/97
48234 36
7.5%
817 NORTH PRICE ROAD 120 $9,461.39
OLIVETTE 114 0.99 10000.00 2/25/07
MO 2581333 76.00 2/25/97
63132 34
7.5%
132-17 97 AVENUE 120 $13,304.79
RICHMOND HILL 114 0.99 20000.00 2/25/07
NY 2581334 22.00 2/25/97
11419 42
7.5%
BLOOMFIE HILLS MI 120 $30,704.63
UNKNW 114 0.99 53000.00 2/21/07
MI 2581335 66.00 2/21/97
48304 45
7.5%
5132 LAUREL DRIVE
CONCORD 120 0.99 $2,808.31
CA 2581336 61.00 114 30000.00 2/21/97
94521 45 12:00 AM
7.5%
640 HARRIGAN ROAD 120 $15,000.00
FALLON 114 1.99 15000.00 2/21/07
NV 2581337 90.00 2/21/97
89406 39
7.5%
PRUDENVI MI 120 $49,984.04
UNKNW 114 0.99 50000.00 2/24/07
MI 2581338 73.00 2/24/97
48430 41
7.5%
67 DEBI LEI DRIVE 120 $32,973.56
WINONA 114 0.99 45000.00 2/24/07
MN 2581339 76.00 2/24/97
55987 0
7.5%
75459 HENDERSON ROAD 120 $21,460.56
COVINGTON 114 0.99 25000.00 2/24/07
LA 2581340 71.00 2/24/97
70435 36
7.5%
103 GEDNEY ST. 120 $19,352.24
NYACK 114 1.99 26500.00 2/24/07
NY 2581341 85.00 2/24/97
10960 0
7.5%
37642 ANDREW 120 $35,487.62
STERLING HGTS 114 0.99 48000.00 2/24/07
MI 2581342 80.00 2/24/97
48312 0
7.5%
1581 11TH STREET 120 $76,391.69
PACIFIC GROVE 114 0.99 85500.00 2/24/07
CA 2581343 80.00 2/24/97
93950 31
7.5%
BALTIMOR MD 120 $8,984.80
UNKNW 114 1.99 10400.00 2/24/07
MD 2581344 90.00 2/24/97
21217 41
7.5%
129 ASPHODEL DRIVE 120 $33,816.44
LULING 114 0.99 47800.00 2/24/07
LA 2581345 68.00 2/24/97
70070 23
7.5%
843 SPRUCE PEAK ROAD 120 $45,000.00
STOWE 114 1.99 50000.00 2/24/07
VT 2581346 89.00 2/24/97
05672 0
7.5%
LAS VEGAS NV
UNKNW 120 1.99 $12,404.08
NV 2581347 90.00 114 15300.00 2/21/97
89113 42 12:00 AM
7.5%
MILFORD PA 120 $15,992.45
UNKNW 114 1.99 42000.00 2/21/07
PA 2581348 90.00 2/21/97
18337 37
7.5%
117 NORTH GRANT STREET 120 $21,712.62
ADAMS 114 0.99 22700.00 2/21/07
WI 2581349 80.00 2/21/97
53910 45
7.5%
6355 ORION AVENUE 120 $60,204.58
VAN NUYS 114 0.99 100000.00 2/21/07
CA 2581350 50.00 2/21/97
91411 32
7.5%
14 HILLVIEW COURT 120 $30,545.95
DANVILLE 114 0.99 48200.00 2/21/07
CA 2581351 75.00 2/21/97
94506 37
7.5%
CLINTON TOWNSHIP MI 120 $14,839.33
UNKNW 114 0.99 15000.00 2/21/07
MI 2581352 74.00 2/21/97
48035 46
7.5%
SLIDELL LA 120 $12,231.43
UNKNW 114 0.99 13000.00 2/21/07
LA 2581353 58.00 2/21/97
70458 46
7.5%
SECANE PA 120 $9,424.66
UNKNW 114 0.99 25000.00 2/21/07
PA 2581354 78.00 2/21/97
19018 44
7.5%
6829 NORTH 15TH PLACE 120 $5,942.16
PHOENIX 114 0.99 25100.00 2/21/07
AZ 2581355 75.00 2/21/97
85014 44
7.5%
948 GNATVILLE ROAD 120 $7,601.40
PIEDMONT 114 0.99 28600.00 2/21/07
AL 2581356 80.00 2/21/97
36272 39
7.5%
2816 JONES BOULEVARD 120 $19,626.91
EASTON 114 0.99 23000.00 2/21/07
PA 2581357 81.00 2/21/97
18042 35
7.5%
297 LARGO DRIVE
NASHVILLE 120 0.99 $10,820.25
TN 2581358 80.00 114 19400.00 2/21/97
37211 19 12:00 AM
7.5%
ARTESIA NM 120 $9,229.58
UNKNW 114 0.99 15000.00 2/20/07
NM 2581359 67.00 2/20/97
88210 12
7.5%
RR #4 BOX 188 120 $33,719.09
RIVER OAKS L 114 1.99 45400.00 2/20/07
MN 2581360 84.00 2/20/97
56537 38
7.5%
2807 LYNNWOOD DRIVE 120 $23,889.90
RAPID CITY 114 0.99 24000.00 2/20/07
SD 2581361 66.00 2/20/97
57701 43
7.5%
23 NORTH FRANKLIN STREET 120 $27,913.60
LAMBERTVILLE 114 0.99 50000.00 2/20/07
NJ 2581362 40.00 2/20/97
08530 17
7.5%
422 TAPPAN ROAD 120 $21,058.83
NORTHVALE 114 0.99 26200.00 2/20/07
NJ 2581363 75.00 2/20/97
07647 34
7.5%
324 FENTON 120 $17,799.57
LANSING 114 1.99 17800.00 2/20/07
MI 2581364 90.00 2/20/97
48910 20
7.5%
CALABASH NC 120 $24,240.58
UNKNW 114 0.99 30000.00 2/20/07
NC 2581365 52.00 2/20/97
28467 43
7.5%
32 REXLAND DRIVE 120 $10,426.65
BOONTON 114 0.99 24000.00 2/20/07
NJ 2581366 80.00 2/20/97
07005 22
7.5%
3351 INLAND EMPIRE BLVD 120 $28,858.01
ONTARIO 114 0.99 30000.00 2/20/07
NV 2581367 51.00 2/20/97
91764 16
7.5%
ARLINGTO TN 120 $16,700.00
UNKNW 114 1.99 16700.00 2/20/07
TN 2581368 90.00 2/20/97
38002 42
7.5%
1255 W. KENILWORTH
PALATINE 120 0.99 $18,874.33
IL 2581369 70.00 114 90000.00 2/20/97
60067 17 12:00 AM
7.5%
1013 KAPLAN DR. 120 $2,838.18
WATERLOO 114 0.99 15000.00 2/20/07
IA 2581370 80.00 2/20/97
50702 27
7.5%
18181 KIRKSHIRE 120 $18,238.32
BEVERLY HILLS 114 0.99 50000.00 2/19/07
MI 2581371 78.00 2/19/97
48025 16
7.5%
203 CAROL ROAD 120 $25,612.99
NILES 114 0.99 30000.00 2/19/07
MI 2581372 38.00 2/19/97
49120 19
7.5%
DAVISBUR MI 120 $52,142.69
UNKNW 114 0.99 53100.00 2/19/07
MI 2581373 80.00 2/19/97
48350 31
7.5%
ATASCADE CA 120 $9,984.59
UNKNW 114 0.99 10000.00 2/19/07
CA 2581374 78.00 2/19/97
93422 41
7.5%
3945 MEADOWBROOK CIRCLE 120 $8,360.14
PITTSBURG 114 1.99 18000.00 2/19/07
CA 2581375 90.00 2/19/97
94565 16
7.5%
12955 PODUCK 120 $169.48
CEDAR SPRINGS 114 1.99 10000.00 2/20/07
MI 2581376 89.00 2/20/97
49319 0
7.5%
EVERGREE CO 120 $39,130.50
UNKNW 114 0.99 50000.00 2/20/07
CO 2581377 72.00 2/20/97
80439 33
7.5%
20646 OLYMPIAN WAY 120 $43,827.01
OLYMPIA FLDS 114 0.99 45300.00 2/20/07
IL 2581378 80.00 2/20/97
60461 40
7.5%
302 EASTERN 120 $17,185.75
ELK CITY 114 1.99 17600.00 2/20/07
OK 2581379 90.00 2/20/97
73644 41
7.5%
HAMPTON SC
UNKNW 120 0.99 $18,978.73
PA 2581380 24.00 114 20000.00 2/20/97
29924 43 12:00 AM
7.5%
4625 THETA STREET 120 $23,401.66
FREMONT 114 0.99 23500.00 2/20/07
CA 2581381 90.00 2/20/97
94536 44
7.5%
5401 N. RYBURN WAY 120 $40,043.85
LINDEN 114 1.99 40500.00 2/20/07
CA 2581382 90.00 2/20/97
95236 47
7.5%
8125 RHODES AVENUE 120 $24,916.92
LOS ANGELES 114 1.99 26200.00 2/18/07
CA 2581383 90.00 2/18/97
91605 38
7.5%
7410 ROBERTSON 120 $12,790.07
MIDDLEVILLE 114 0.99 40500.00 2/18/07
MI 2581384 75.00 2/18/97
49333 35
7.5%
WEST HAGUE ROAD 120 $38,276.67
HAGUE 114 1.99 39100.00 2/18/07
NY 2581385 90.00 2/18/97
12836 41
7.5%
105 AMELIA DRIVE 120 $16,911.71
LEESVILLE 114 1.99 19500.00 2/19/07
LA 2581386 90.00 2/19/97
71446 38
7.5%
1924 EAST ROCKWOOD DRIVE 120 $32,700.34
PHOENIX 114 0.99 75000.00 2/19/07
AZ 2581387 52.00 2/19/97
85024 31
7.5%
SHARON VT 120 $4,930.05
UNKNW 114 0.99 20000.00 2/19/07
VT 2581388 63.00 2/19/97
05065 45
7.5%
440 PATTIE DRIVE 120 $9,946.55
BEREA 114 1.99 10000.00 2/19/07
OH 2581389 90.00 2/19/97
44017 34
7.5%
2612 CAMELLIA DRIVE 120 $14,888.74
FLATWOODS 114 0.99 15100.00 2/19/07
KY 2581390 60.00 2/19/97
41139 35
7.5%
ROCHESTE MI
UNKNW 120 0.99 $5,582.97
MI 2581391 62.00 114 10000.00 2/19/97
48307 28 12:00 AM
7.5%
104 POUND HOLLOW RD. 120 $14,095.83
OLD BROOKVILLE 114 0.99 25000.00 2/19/07
NY 2581392 21.00 2/19/97
11545 27
7.5%
308 FAIRFIELD DR. 120 $19,220.05
STATE COLLEGE 114 1.99 24500.00 2/19/07
PA 2581393 90.00 2/19/97
16801 45
7.5%
9125 N. SIMPSON ROAD 120 $85,000.00
NEWMAN LAKE 114 4.00 85000.00 2/19/07
WA 2581394 70.00 2/19/97
99025 48
7.22%
4183 KIVEY DRIVE 120 $12,188.29
LAKE WORTH 114 1.99 12500.00 2/18/07
FL 2581395 90.00 2/18/97
33461 30
7.5%
2939 KEOKUK STREET 120 $13,938.43
BUTTE 114 0.99 50000.00 2/18/07
MT 2581396 60.00 2/18/97
59701 8
7.5%
84 OAKLAND AVENUE 120 $9,967.98
SAN ANSELMO 114 0.99 37900.00 2/18/07
CA 2581397 80.00 2/18/97
94960 46
7.5%
MCALESTE OK 120 $16,707.00
UNKNW 114 1.99 17000.00 2/18/07
OK 2581398 88.00 2/18/97
74501 21
7.5%
250 ARLINGTON ROAD 120 $2,724.48
REDWOOD CITY 114 0.99 19200.00 2/18/07
CA 2581399 80.00 2/18/97
94062 35
7.5%
2685 TANGBOURNE 120 $20,251.23
MEMPHIS 114 0.99 23500.00 2/18/07
TN 2581400 70.00 2/18/97
38119 40
7.5%
200 KNICKERBOCKER ROAD 120 $48,700.00
TENAFLY 114 1.99 50000.00 2/18/07
NJ 2581401 90.00 2/18/97
07670 41
7.5%
SANTA BARBARA CA
UNKNW 120 1.99 $34,536.30
CA 2581402 89.00 114 35000.00 2/18/97
93110 40 12:00 AM
7.5%
CRESSKIL NJ 120 $25,000.00
UNKNW 114 1.99 25000.00 2/18/07
NJ 2581403 89.00 2/18/97
07626 33
7.5%
GUSTINE CA 120 $22,602.38
UNKNW 114 1.99 28600.00 2/18/07
CA 2581404 89.00 2/18/97
95322 43
7.5%
1003 TROY O FALLON ROAD 120 $29,768.57
TROY 114 0.99 30000.00 2/18/07
IL 2581405 78.00 2/18/97
62294 0
7.5%
1545 10TH STREET 120 $76,429.88
MANHATTAN 114 1.99 77000.00 2/18/07
CA 2581406 90.00 2/18/97
90266 29
7.5%
9131 ROUNDOAK DRIVE 120 $4,600.00
BATON ROUGE 114 0.99 10000.00 2/17/07
LA 2581407 64.00 2/17/97
70817 34
7.5%
5712 CODY STREET 120 $9,740.86
HOLLYWOOD 114 0.99 10000.00 2/17/07
FL 2581408 35.00 2/17/97
33021 28
7.5%
BLOOMFIE HILLS MI 120 $25,503.04
UNKNW 114 0.99 30000.00 2/17/07
MI 2581409 68.00 2/17/97
48302 26
7.5%
6363 SHOREWOOD COURT 120 $32,894.49
PLEASANTON 114 1.99 35900.00 2/17/07
CA 2581410 90.00 2/17/97
94588 35
7.5%
916 E. 228TH STREET 120 $5,817.22
BRONX 114 1.99 18200.00 2/18/07
NY 2581411 89.00 2/18/97
10466 39
7.5%
410 JENKS AVENUE 120 $19,847.13
COKATO 114 0.99 25500.00 2/18/07
MN 2581412 73.00 2/18/97
55321 39
7.5%
29 VASSAR PLACE
LYNBROOK 120 1.99 $5,402.56
NY 2581413 90.00 114 20200.00 2/18/97
11563 29 12:00 AM
7.5%
29 SOUTH STREET 120 $8,929.39
MIDDLETOWN 114 0.99 30000.00 2/18/07
VT 2581414 77.00 2/18/97
05757 15
7.5%
21470 WINCHESTER 120 $2,363.86
SOUTHFIELD 114 0.99 68700.00 2/18/07
MI 2581415 80.00 2/18/97
48076 29
7.5%
832 GOLFVIEW 120 $5,173.44
ROUND LAKE 114 0.99 10000.00 2/18/07
IL 2581416 73.00 2/18/97
60073 44
7.5%
WEYMOUTH MA 120 $24,456.76
UNKNW 114 0.99 25000.00 2/18/07
MA 2581417 76.00 2/18/97
02189 32
7.5%
8340 SUNBURST 120 $14,241.16
CENTERLINE 114 0.99 15000.00 2/18/07
MI 2581418 73.00 2/18/97
48015 44
7.5%
110 BOWERWOOD 120 $62,915.00
CHICKASHA 114 0.99 63200.00 2/14/07
OK 2581419 80.00 2/14/97
73018 26
7.5%
10330 PUTTYGUT ROAD 120 $19,120.98
CASCO 114 0.99 30000.00 2/14/07
MI 2581420 25.00 2/14/97
48064 44
7.5%
507 APPLE STREET 120 $5,800.00
OWENSVILLE 114 1.99 10000.00 2/14/07
MO 2581421 85.00 2/14/97
65066 23
7.5%
4241 BUTTERNUT HILL 120 $10,535.73
TROY 114 1.99 11000.00 2/14/07
MI 2581422 86.00 2/14/97
48098 36
7.5%
BOX 643 120 $19,054.85
LIBERAL 114 0.99 22600.00 2/17/07
KS 2581423 80.00 2/17/97
67905 38
7.5%
P.O. BOX 525
DRIGGS 120 0.99 $75,510.58
ID 2581424 80.00 114 96000.00 2/17/97
83422 24 12:00 AM
7.5%
15267 HIGHWAY 10 EAST 120 $13,812.24
ROSELAND 114 0.99 72000.00 2/17/07
LA 2581425 80.00 2/17/97
70456 30
7.5%
37 ISABELLE STREET 120 $19,884.42
NARRAGANSETT 114 1.99 20000.00 2/17/07
RI 2581426 89.00 2/17/97
02882 0
7.5%
9421 E. KAYENTA DRIVE 120 $29,682.62
TUCSON 114 0.99 30300.00 2/17/07
AZ 2581427 80.00 2/17/97
85749 36
7.5%
14805 PECK DR. 120 $26,601.06
WARREN 114 1.99 30000.00 2/17/07
MI 2581428 85.00 2/17/97
48093 30
7.5%
4225 ARLINGTON DR. 120 $9,098.61
ROYAL OAK 114 0.99 11800.00 2/17/07
MI 2581429 80.00 2/17/97
48073 29
7.5%
853 GOSHEN ROAD 120 $11,115.54
GOSHEN 114 1.99 11200.00 2/17/07
NJ 2581430 90.00 2/17/97
08218 42
7.5%
46551 VINEYARDS LANE 120 $6,966.43
MACOMB 114 1.99 32500.00 2/13/07
MI 2581431 90.00 2/13/97
48042 39
7.5%
SHELBURN VT 120 $32,500.00
UNKNW 114 1.99 32500.00 2/14/07
VT 2581432 78.00 2/14/97
05482 40
7.5%
3728 ADAMS ROAD 120 $9,476.78
EAST JORDAN 114 0.99 10000.00 2/14/07
MI 2581433 75.00 2/14/97
49727 45
7.5%
525 RIO BRAVO STREET 120 $26,819.44
RIDGECREST 114 1.99 27000.00 2/14/07
CA 2581434 90.00 2/14/97
93555 0
7.5%
451 COGNEWAUGH ROAD
COS COB 120 0.99 $47,320.30
CT 2581435 47.00 114 100000.00 2/14/97
06807 22 12:00 AM
7.5%
EDGEWATE FL 120 $9,875.22
UNKNW 114 1.99 10000.00 2/14/07
FL 2581436 90.00 2/14/97
32132 44
7.5%
749 VANBUREN NORTH WEST 120 $14,984.84
GRAND RAPIDS 114 1.99 17600.00 2/14/07
MI 2581437 90.00 2/14/97
49504 35
7.5%
2721 VAN DYKE AVENUE 120 $30,481.54
RALEIGH 114 1.99 32000.00 2/14/07
NC 2581438 90.00 2/14/97
27607 40
7.5%
3929 LANTANA LANE 120 $38,643.87
NAPA 114 0.99 41100.00 2/14/07
CA 2581439 80.00 2/14/97
94558 37
7.5%
507 RIDEVIEW DRIVE 120 $18,850.03
BIG RAPIDS 115 0.99 29500.00 3/12/07
MI 2581440 80.00 3/12/97
49307 33
7.5%
241 VALLEY ROAD 120 $14,915.35
WAYNE 114 0.99 99000.00 2/14/07
NJ 2581441 85.00 2/14/97
07470 43
7.5%
WALKERSV MD 120 $6,252.04
UNKNW 114 0.99 25000.00 2/14/07
MD 2581442 71.00 2/14/97
21793 45
7.5%
857 PUTMAN 120 $77,760.00
MT LAUREL 114 0.99 100000.00 2/13/07
NJ 2581443 77.00 2/13/97
08054 18
7.5%
634 ESCAMBIA DRIVE 120 $62,880.06
LILLIAN 114 0.99 80000.00 2/13/07
MI 2581444 53.00 2/13/97
36549 21
7.5%
154 SHELLBANK PL. 120 $5,383.22
ROCKVILLE 114 1.99 25000.00 2/13/07
NY 2581445 89.00 2/13/97
11570 32
7.5%
MANNFORD OK
UNKNW 120 1.99 $11,339.37
OK 2581446 90.00 114 15500.00 2/13/97
74044 33 12:00 AM
7.5%
FRANKLIN TN 120 $39,960.38
UNKNW 114 1.99 40000.00 2/13/07
TN 2581447 89.00 2/13/97
37069 25
7.5%
2967 CRESTWOOD DRIVE 120 $35,231.26
EAST LANSING 114 0.99 40000.00 2/13/07
MI 2581448 27.00 2/13/97
48823 0
7.5%
5855 RAVEN ROAD 120 $45,321.61
BLOOMFIELD 114 0.99 50000.00 2/13/07
MI 2581449 69.00 2/13/97
48301 26
7.5%
16 FRANCONIA DR. 120 $33,454.34
NASHUA 114 1.99 35700.00 2/13/07
NH 2581450 90.00 2/13/97
03063 38
7.5%
SAN CLEMENTE CA 120 $14,900.00
UNKNW 114 1.99 15000.00 2/13/07
CA 2581451 85.00 2/13/97
92672 48
7.5%
3907 BELLVUE DRIVE 120 $11,752.42
SAINT PETERS 114 1.99 12700.00 2/13/07
MO 2581452 90.00 2/13/97
63376 29
7.5%
19219 MARTIN 120 $13,287.53
CLINTON 114 1.99 25000.00 2/13/07
MI 2581453 85.00 2/13/97
48038 27
7.5%
6724 S. KOMENSKY 120 $2,550.87
CHICAGO 114 0.99 14000.00 2/13/07
IL 2581454 75.00 2/13/97
60629 27
7.5%
1700 SOUTH WEST 68TH 120 $68,946.76
PLANTATION 114 0.99 70000.00 2/12/07
FL 2581455 77.00 2/12/97
33317 44
7.5%
1008 SOUTHWEST 104TH WAY 120 $20,609.48
PEMBROKE PINES 114 1.99 21000.00 2/12/07
FL 2581456 90.00 2/12/97
33025 43
7.5%
ALEXANDR LA
UNKNW 120 1.99 $49,912.70
LA 2581457 87.00 114 50000.00 2/12/97
71301 29 12:00 AM
7.5%
ROUTE 1 BOX 198 - A 120 $10,968.32
GRAYSON 114 0.99 11500.00 2/12/07
LA 2581458 80.00 2/12/97
71435 44
7.5%
8205 PALM COVE BOULEVARD 120 $25,352.43
PANAMA CITY 114 1.99 26000.00 2/12/07
FL 2581459 90.00 2/12/97
32408 45
7.5%
6815 HUBBARD CIRCLE 120 $14,776.84
CLARKSTON 114 0.99 34000.00 2/12/07
MI 2581460 80.00 2/12/97
48348 28
7.5%
807 GLENMAR ROAD 120 $23,985.87
FAIRLESS HILLS 114 0.99 46000.00 2/12/07
PA 2581461 80.00 2/12/97
19030 23
7.5%
3860 AVOCET COURT 120 $23,274.88
RENO 114 1.99 41300.00 2/12/07
NV 2581462 90.00 2/12/97
89506 20
7.5%
520 NANCY DRIVE 120 $20,653.31
RIPON 114 1.99 21600.00 2/12/07
CA 2581463 90.00 2/12/97
95366 19
7.5%
552 HATHAWAY RD. 120 $31,785.59
DAYTON 114 0.99 50000.00 2/12/07
OH 2581464 63.00 2/12/97
45419 21
7.5%
FALLBROO CA 120 $33,220.52
UNKNW 114 1.99 33700.00 2/12/07
CA 2581465 90.00 2/12/97
92028 31
7.5%
1756 CROCKER LANE 120 $22,618.97
JAMINSON 114 0.99 26400.00 2/13/07
PA 2581466 80.00 2/13/97
18929 26
7.5%
MOUNT DORA FL 120 $13,640.04
UNKNW 114 1.99 14600.00 2/11/07
FL 2581467 90.00 2/11/97
32757 45
7.5%
6850 E. EDGEMONT PLACE
TUCSON 120 1.99 $38,121.38
AZ 2581468 90.00 114 44100.00 2/11/97
85710 41 12:00 AM
7.5%
RR 1 BOX 106A 120 $24,860.55
RICH HILL 114 0.99 25000.00 2/11/07
MO 2581469 72.00 2/11/97
64779 45
7.5%
2876 HORSESHOE COURT 121 $39,784.80
GRANDVILLE 115 0.99 40000.00 3/17/07
MI 2581470 73.00 2/11/97
49418 41
7.5%
1907 E BEAUFORT ST. 120 $17,051.61
LARAMIE 114 0.99 25000.00 2/11/07
WY 2581471 60.00 2/11/97
82070 27
7.5%
8791 SW 49 STREET 120 $20,028.99
MIAMI 114 0.99 40000.00 2/11/07
FL 2581472 80.00 2/11/97
33165 40
7.5%
2091 JARMAN DRIVE 120 $1,706.00
TROY 114 0.99 25000.00 2/11/07
MI 2581473 79.00 2/11/97
48098 24
7.5%
BENSENVI IL 120 $19,000.00
UNKNW 114 1.99 20000.00 2/11/07
IL 2581474 86.00 2/11/97
60106 40
7.5%
LEXINGTO NC 120 $27,381.70
UNKNW 114 1.99 27500.00 2/11/07
NC 2581475 90.00 2/11/97
27292 44
7.5%
13379 BRADBURY ROAD 120 $42,148.97
DELHI 114 1.99 50000.00 2/11/07
CA 2581476 89.00 2/11/97
95315 45
7.5%
2520 PARKWEST DRIVE NW 120 $4,699.34
ALBUQUERQUE 114 1.99 13300.00 2/11/07
NM 2581477 90.00 2/11/97
87120 0
7.5%
10 CHARLES RIVER DRIVE 120 $34,967.29
FRANKLIN 114 1.99 35100.00 2/11/07
MA 2581478 90.00 2/11/97
02038 33
7.5%
1125 WEST SHERMAN STREET
LEBANON 120 0.99 $14,813.17
OR 2581479 80.00 114 17000.00 2/10/97
97355 44 12:00 AM
7.5%
310 MOUNTAIN LANE 120 $32,300.00
KNOXVILLE 114 1.99 32300.00 2/10/07
MD 2581480 90.00 2/10/97
21758 45
7.5%
RENO NV 120 $35,026.51
UNKNW 114 0.99 40000.00 2/10/07
NV 2581481 43.00 2/10/97
89502 40
7.5%
KENTWOOD MI 120 $14,617.15
UNKNW 114 1.99 15000.00 2/10/07
MI 2581482 86.00 2/10/97
49508 44
7.5%
13343 HWY 55 120 $33,403.39
BOISE 114 1.99 33700.00 2/10/07
ID 2581483 90.00 2/10/97
83703 39
7.5%
6199 WEST 250 SOUTH 120 $22,982.99
RUSSIAVILLE 114 1.99 23200.00 2/3/07
IN 2581484 90.00 2/3/97
46979 36
7.5%
5900 BENFIELD DRIVE 120 $64,912.35
ALEXANDRIA 114 0.99 65000.00 2/10/07
VA 2581485 59.00 2/10/97
22310 38
7.5%
CORAL SPRINGS FL 120 $22,349.70
UNKNW 114 0.99 27400.00 2/10/07
FL 2581486 80.00 2/10/97
33065 36
7.5%
39456 LAKE SHORE DRIVE 120 $21,961.00
HARRISON 114 0.99 30000.00 2/10/07
MI 2581487 19.00 2/10/97
48045 7
7.5%
24417 222ND AVENUE S.E. 120 $24,152.54
MAPLE VALLEY 114 4.00 25000.00 2/10/07
WA 2581488 53.00 2/10/97
98038 42
7.22%
2260 AVENIDA LA PAZ 120 $21,047.12
CHINO HILLS 114 1.99 21000.00 2/10/07
CA 2581489 90.00 2/10/97
91709 35
7.5%
1515 KINGS BRIDLE
GRAND BLANC 120 1.99 $34,318.14
MI 2581490 90.00 114 35100.00 2/10/97
48439 37 12:00 AM
7.5%
1001 RUMSEY AVENUE 120 $11,257.18
CODY 114 0.99 30000.00 2/7/07
WY 2581491 55.00 2/7/97
82414 29
7.5%
13386 NEVADA STREET 120 $17,883.82
WESTMINSTER 114 0.99 100000.00 2/7/07
CA 2581492 80.00 2/7/97
92683 28
7.5%
YPSILANT MI 120 $12,716.03
UNKNW 114 1.99 13100.00 2/7/07
MI 2581493 90.00 2/7/97
48197 0
7.5%
8702 LAKESHORE 120 $35,367.37
PERRY 114 1.99 35500.00 2/7/07
MI 2581494 90.00 2/7/97
48872 43
7.5%
5412 TERRITORIAL 120 $67,654.31
GRAND BLANC 114 0.99 87600.00 2/7/07
MI 2581495 80.00 2/7/97
48439 28
7.5%
MILFORD MI 120 $3,272.27
UNKNW 114 0.99 10000.00 2/7/07
MI 2581496 61.00 2/7/97
48380 20
7.5%
23572 LAS COLINAS COURT 120 $35,740.00
LAGUNA NIGUEL 114 1.99 35700.00 2/7/07
CA 2581497 90.00 2/7/97
92677 41
7.5%
576 KERNODLE AVENUE 120 $9,879.92
CAMP HILL 114 0.99 10000.00 2/10/07
AL 2581498 80.00 2/10/97
36850 30
7.5%
9414 PLAINFIELD DRIVE 120 $52,696.03
ROCKHILL 114 0.99 60000.00 2/10/07
MO 2581499 77.00 2/10/97
63119 29
7.5%
OSCEOLA WI 120 $23,623.43
UNKNW 114 1.99 24300.00 2/10/07
WI 2581500 90.00 2/10/97
54020 36
7.5%
PO BOX 1376
FORSYTHE 120 0.99 $12,523.59
MO 2581501 80.00 114 12900.00 2/10/97
65653 43 12:00 AM
7.5%
DOVER FOXCROFT ME 120 $43,930.36
UNKNW 114 0.99 44000.00 2/10/07
ME 2581502 80.00 2/10/97
04426 35
7.5%
30 LINCOLN 120 $15,025.77
OXFORD 114 1.99 15100.00 2/6/07
MI 2581503 90.00 2/6/97
48371 0
7.5%
5743 STONEY BROOK ROAD 120 $20,626.38
KALAMAZOO 114 0.99 85000.00 2/6/07
MI 2581504 80.00 2/6/97
49009 34
7.5%
75 PARTRIDGE LANE 120 $17,899.72
WEST SENECA 114 0.99 39600.00 2/6/07
NY 2581505 90.00 2/6/97
14224 29
7.5%
551 FLETCHER ROAD 120 $48,800.00
COLLIERVILLE 114 1.99 48800.00 2/6/07
TN 2581506 90.00 2/6/97
38017 50
7.5%
771 MANDALAY BEACH ROAD 120 $97,875.00
OXNARD 114 0.99 100000.00 2/7/07
CA 2581507 74.00 2/7/97
93035 46
7.5%
PORT JERVIS NY 120 $12,990.26
UNKNW 114 0.99 13700.00 2/7/07
NY 2581508 47.00 2/7/97
12771 36
7.5%
765 SAN DIEGO ROAD 120 $49,960.00
BERKELEY 114 0.99 50000.00 2/7/07
CA 2581509 51.00 2/7/97
94707 48
7.5%
2929 DIANE DRIVE 120 $15,814.56
AURORA 114 1.99 16900.00 2/7/07
IL 2581510 90.00 2/7/97
60504 41
7.5%
951 HIGH STREET 120 $22,226.89
OCONOMOWOC 114 1.99 23200.00 2/7/07
WI 2581511 90.00 2/7/97
53066 36
7.5%
ANGOLA NY
UNKNW 120 0.99 $17,061.16
NY 2581512 79.00 114 17000.00 2/7/97
14006 24 12:00 AM
7.5%
SAN JOSE CA 120 $98,276.82
UNKNW 114 0.99 100000.00 2/7/07
CA 2581513 58.00 2/7/97
95120 33
7.5%
45 LORELEI DRIVE 120 $15,348.89
HOWELL 114 0.99 22000.00 2/7/07
NJ 2581514 78.00 2/7/97
07731 31
7.5%
3035 WEST BRENDA LOOP 120 $19,906.28
FLAGSTAFF 114 0.99 25100.00 2/6/07
AZ 2581515 76.00 2/6/97
86001 36
7.5%
22251 CHATSFORD 120 $19,355.28
SOUTHFIELD 114 0.99 20000.00 2/6/07
MI 2581516 71.00 2/6/97
48034 31
7.5%
8 MURRAY AVENUE 120 $15,232.93
EAST 114 1.99 15500.00 2/6/07
RI 2581517 90.00 2/6/97
02915 43
7.5%
207 EAST RIPPEY 120 $35,000.00
BAXTER 114 0.99 35000.00 2/6/07
IA 2581518 52.00 2/6/97
50028 45
7.5%
136 PATRIOTS LANDING 120 $20,521.30
FILLMORE 114 0.99 22000.00 2/6/07
IN 2581519 80.00 2/6/97
46128 45
7.5%
5506 MAXWELL AVE 120 $16,679.63
SAINT LOUIS 114 1.99 17000.00 2/6/07
MO 2581520 90.00 2/6/97
63123 37
7.5%
DES MOINES IA 120 $9,565.00
UNKNW 114 0.99 10000.00 2/6/07
IA 2581521 61.00 2/6/97
50310 44
7.5%
7614 STRATFORD PLACE 120 $61,703.19
DARIEN 114 0.99 100000.00 2/6/07
IL 2581522 37.00 2/6/97
60559 33
7.5%
100 BROWN ROAD
WARNER 120 1.99 $37,893.42
NH 2581523 89.00 114 40000.00 2/6/97
03278 31 12:00 AM
7.5%
7535 SOUTH TRENTON PLACE 120 $25,248.85
TULSA 114 1.99 26000.00 2/6/07
OK 2581524 90.00 2/6/97
74136 27
7.5%
909 KINGSRIDGE 120 $6,020.00
WILDWOOD 114 0.99 18700.00 2/6/07
MO 2581525 80.00 2/6/97
63021 33
7.5%
105 SOUTH 110TH 120 $15,106.67
OMAHA 114 1.99 17100.00 2/6/07
NE 2581526 90.00 2/6/97
68154 51
7.5%
76 OXFORD DRIVE 120 $9,926.55
FRANKLIN 114 0.99 10000.00 2/5/07
MA 2581527 80.00 2/5/97
02038 24
7.5%
WATERFOR MI 120 $40,000.00
UNKNW 114 0.99 40000.00 2/5/07
MI 2581528 46.00 2/5/97
48328 40
7.5%
192 JESSIE LANE 120 $24,155.19
PETALUMA 114 0.99 25000.00 2/5/07
CA 2581529 50.00 2/5/97
94952 44
7.5%
30 FOREST RD. 120 $47,290.75
DEMAREST 114 1.49 71000.00 2/5/07
NJ 2581530 70.00 2/5/97
07627 18
7.5%
2961 SEAN PARKWAY 120 $12,411.40
SAINT LOUIS 114 1.99 13000.00 2/5/07
MO 2581531 82.00 2/5/97
63129 39
7.5%
BURLINGT VT 120 $9,959.52
UNKNW 114 0.99 10000.00 2/5/07
VT 2581532 76.00 2/5/97
05401 46
7.5%
13712 WHITE CAP DRIVE 120 $24,500.84
STERLING 114 0.99 30000.00 2/5/07
MI 2581533 66.00 2/5/97
48313 23
7.5%
108 STUAAN COURT
BARTONVILLE, 120 0.99 $11,365.28
IL 2581534 22.00 114 15000.00 2/5/97
61607 28 12:00 AM
7.5%
7614 CHERRYWOOD DRIVE 120 $10,769.85
WESTLAND 114 1.99 17000.00 2/5/07
MI 2581535 90.00 2/5/97
48185 26
7.5%
1004 WALNUT LANE 120 $8,034.90
WARRENSBURG 114 0.99 30000.00 2/5/07
MO 2581536 69.00 2/5/97
64093 24
7.5%
7555 N W 214TH PLACE 120 $6,085.50
HILLSBORO 114 0.99 10000.00 2/5/07
OR 2581537 47.00 2/5/97
97124 60
7.5%
CITRUS HEIGHTS CA 120 $17,981.34
UNKNW 114 1.99 18500.00 2/6/07
CA 2581538 90.00 2/6/97
95610 52
7.5%
5057 WEST HARDING ROAD 120 $15,903.24
KNIGHTSTOWN 114 0.99 34900.00 2/4/07
IN 2581539 80.00 2/4/97
46148 30
7.5%
431 WEST CALLE MONTE 120 $3,580.49
TEMPE 114 0.99 25100.00 2/4/07
AZ 2581540 80.00 2/4/97
85284 26
7.5%
101 MCPHERSON 120 $22,141.01
LANSING 114 0.99 28000.00 2/4/07
MI 2581541 80.00 2/4/97
48915 27
7.5%
521 M STREET 120 $24,100.00
ANCHORAGE 114 1.99 25100.00 2/4/07
AK 2581542 90.00 2/4/97
99501 41
7.5%
302 WEST MONROE STREET 120 $19,890.40
INWOOD 114 0.99 20600.00 2/5/07
IA 2581543 80.00 2/5/97
51240 41
7.5%
RIVER VALE NJ 120 $6,049.48
UNKNW 114 0.99 20000.00 2/5/07
NJ 2581544 37.00 2/5/97
07675 33
7.5%
1366 JOLIET STREET
EL CAJON 120 1.99 $10,011.10
CA 2581545 90.00 114 14900.00 2/5/97
92019 43 12:00 AM
7.5%
1317 GREENWOOD DRIVE 120 $10,109.58
MODESTO 114 1.99 10300.00 2/5/07
CA 2581546 90.00 2/5/97
95350 39
7.5%
W15055 GULCH ROAD 120 $11,538.40
WISCONSIN 114 1.99 13000.00 2/5/07
WI 2581547 87.00 2/5/97
53965 28
7.5%
2095 COVERT ROAD 120 $35,664.13
BURTON 114 0.99 35500.00 2/5/07
MI 2581548 76.00 2/5/97
48509 44
7.5%
2291 EMERALD DRIVE 120 $29,688.07
LOGANVILLE 114 1.99 30000.00 2/5/07
GA 2581549 86.00 2/5/97
30249 43
7.5%
617 LONGFELLOW LANE 120 $11,749.86
MUNDELEIN 114 1.49 11800.00 2/5/07
IL 2581550 90.00 2/5/97
60060 42
7.5%
RUGBY ND 120 $20,673.51
UNKNW 114 0.99 21400.00 2/3/07
ND 2581551 76.00 2/3/97
58368 45
7.5%
GLENSIDE PA 120 $16,480.97
UNKNW 114 0.99 25000.00 2/3/07
PA 2581552 61.00 2/3/97
19038 39
7.5%
131 WOODBOURNE CT 120 $58,531.79
O FALLON 114 1.99 59000.00 2/3/07
IL 2581553 90.00 2/3/97
62269 34
7.5%
47552 FALCON 120 $2,364.45
SHELBY TWP 114 0.99 85000.00 2/3/07
MI 2581554 79.00 2/3/97
48317 30
7.5%
706 MAPLE STREET 120 $17,595.71
PANA 114 1.99 17800.00 2/4/07
IL 2581555 90.00 2/4/97
62557 43
7.5%
EDMOND OK
UNKNW 120 0.99 $10,856.27
OK 2581556 80.00 114 18000.00 2/4/97
73034 0 12:00 AM
7.5%
BROAD RUN VA 120 $54,884.15
UNKNW 114 1.99 55000.00 2/4/07
VA 2581557 85.00 2/4/97
20137 45
7.5%
1255 HIGHLAND DRIVE 120 $27,526.28
HOMER 114 0.99 30000.00 2/4/07
AK 2581558 40.00 2/4/97
99603 15
7.5%
3567 LUKE CIRCLE NORTH 120 $5,125.64
ALBUQUERQUE 114 0.99 10000.00 2/4/07
NM 2581559 72.00 2/4/97
87107 22
7.5%
2726 STARFALL DRIVE 120 $11,000.00
LA CRESCENTA 114 0.99 50000.00 2/4/07
CA 2581560 35.00 2/4/97
91214 39
7.5%
GRAND BLANC MI 120 $10,000.00
UNKNW 114 1.99 10000.00 2/4/07
MI 2581561 83.00 2/4/97
48439 33
7.5%
2 MISSION HILLS DRIVE 120 $20,289.34
SLIDELL 114 0.99 30000.00 2/4/07
LA 2581562 66.00 2/4/97
70458 43
7.5%
CONCORD 120 $33,553.22
UNKNW 114 1.99 44500.00 2/3/07
CA 2581563 86.00 2/3/97
00000 33
7.5%
BIRMINGH AL 120 $11,259.56
UNKNW 114 0.99 11300.00 2/3/07
AL 2581564 80.00 2/3/97
35235 32
7.5%
WARREN MI 120 $48,340.75
UNKNW 114 0.99 50000.00 2/3/07
MI 2581565 67.00 2/3/97
48093 44
7.5%
2175 WAYWARD DRIVE 120 $5,789.29
ROCHESTER 114 1.99 15000.00 2/3/07
MI 2581566 84.00 2/3/97
48309 29
7.5%
MIAMI FL
UNKNW 120 0.99 $7,001.25
FL 2581567 74.00 114 10000.00 2/3/97
33169 40 12:00 AM
7.5%
LAS VEGAS NV 120 $16,000.00
UNKNW 114 0.99 20000.00 2/3/07
NV 2581568 72.00 2/3/97
89130 35
7.5%
6100 AFRICA ROAD 120 $5,748.09
GALENA 114 0.99 20000.00 2/3/07
OH 2581569 59.00 2/3/97
00000 33
7.5%
SAINT LOUIS MO 120 $22,978.39
UNKNW 114 0.99 25100.00 2/3/07
MO 2581570 67.00 2/3/97
63122 16
7.5%
1830 Q 120 $26,927.72
BELLEVILLE 114 0.99 27000.00 2/3/07
KS 2581571 60.00 2/3/97
66935 29
7.5%
1626 CAHILL DRIVE 120 $14,435.00
EAST LANSING 114 0.99 14900.00 2/3/07
MI 2581572 80.00 2/3/97
48823 20
7.5%
1449 WEST AVENUE 120 $15,476.99
OCEAN CITY 114 1.99 15600.00 2/3/07
NJ 2581573 90.00 2/3/97
08226 40
7.5%
2899 KILLARNEY PARK DRIVE 120 $29,604.16
HARTLAND 114 0.99 29900.00 2/3/07
MI 2581574 80.00 2/3/97
48353 30
7.5%
ROCHESTE HILLS MI 180 $14,921.31
UNKNW 137 1.75 25000.00 1/21/09
MI 2581575 79.00 1/21/94
48307 38
10.25%
ROCHESTE HILLS MI 180 $29,693.65
UNKNW 138 1.50 30300.00 2/3/09
MI 2581576 75.00 2/3/94
48309 35
10.%
CLIFTON VA 180 $80,448.29
UNKNW 138 1.00 81000.00 2/10/09
VA 2581577 80.00 2/10/94
22024 0
9.5%
TUCSON AZ
UNKNW 120 1.75 $6,509.02
AZ 2581578 75.00 79 26900.00 3/31/94
85737 38 12:00 AM
10.25%
INVERNES IL 180 $57,371.18
UNKNW 140 1.50 95000.00 4/19/09
IL 2581579 73.00 4/19/94
60067 38
10.%
TUCSON AZ 180 $13,071.99
UNKNW 140 2.00 48800.00 4/28/09
AZ 2581580 65.00 4/28/94
85715 40
10.5%
ENGLEWOO CO 180 $18,132.20
UNKNW 142 2.00 50000.00 6/7/09
CO 2581581 70.00 6/7/94
80112 56
10.5%
NOVI MI 180 $6,461.08
UNKNW 142 1.75 28250.00 6/17/09
MI 2581582 75.00 6/17/94
48374 35
10.25%
OAKLAND CA 180 $23,702.86
UNKNW 143 2.00 103000.00 7/12/09
CA 2581583 75.00 7/12/94
94705 35
10.5%
ST. CHARLES MO 180 $1,949.71
UNKNW 143 1.75 22300.00 7/27/09
MO 2581584 80.00 7/27/94
63304 31
10.25%
1758 GYPSUM CREEK ROAD 120 $95,000.00
GYPSUM 114 0.99 100000.00 2/3/07
CO 2581585 67.00 2/3/97
81637 34
7.5%
CORUNNA MI 120 $15,166.70
UNKNW 114 0.99 18000.00 2/3/07
MI 2581586 52.00 2/3/97
48817 43
7.5%
PORTLAND OR 120 $11,851.43
UNKNW 114 0.99 27400.00 2/3/07
OR 2581587 80.00 2/3/97
97213 42
7.5%
14771 N. 100TH PL. 120 $25,182.50
SCOTTSDALE 115 2.50 26900.00 3/26/07
AZ 2581588 90.00 3/26/97
85260 0
11.%
3581 KACHEMAK CIRCLE
ANCHORAGE 120 2.75 $34,339.18
AK 2581589 19.00 116 35000.00 4/9/97
99515 0 12:00 AM
11.25%
1511 RIVER OAKS DRIVE 120 $14,923.40
TARPON SPRINGS 117 3.00 14800.00 5/5/07
FL 2581590 15.00 5/5/97
34689 0
11.5%
BLOOMFIE HILLS MI 180 $15,225.70
UNKNW 73 1.50 111000.00 9/9/03
MI 2581591 76.00 9/9/88
48304 38
10.%
POCONO SUMMITT PA 180 $8,190.06
UNKNW 96 1.75 12000.00 8/13/05
PA 2581592 71.00 8/13/90
18346 34
10.25%
IRVINE CA 180 $42,202.34
UNKNW 115 1.75 42500.00 3/25/07
CA 2581593 75.00 3/25/92
92714 34
10.25%
ANN ARBOR MI 180 $15,530.51
UNKNW 128 1.75 27500.00 4/21/08
MI 2581594 75.00 4/21/93
48105 17
10.25%
LAKE MARY FL 180 $9,439.37
UNKNW 130 2.00 10000.00 6/25/08
FL 2581595 77.00 6/25/93
32746 29
10.5%
BLOOMFIE HILLS MI 180 $8,403.07
UNKNW 132 1.75 74250.00 8/26/08
MI 2581596 75.00 8/26/93
48302 36
10.25%
LAKE WORTH FL 180 $19,449.07
UNKNW 134 2.00 49500.00 10/14/08
FL 2581597 75.00 10/14/93
33467 37
10.5%
CHADDS FORD PA 180 $14,643.21
UNKNW 135 2.00 127200.00 11/11/08
PA 2581598 75.00 11/11/93
19317 30
10.5%
NORTHVIL MI 180 $66,423.09
UNKNW 135 1.25 90250.00 11/11/08
MI 2581599 75.00 11/11/93
48167 58
9.75%
DOYLESTO PA
UNKNW 180 1.75 $26,440.61
PA 2581600 75.00 135 27000.00 11/24/93
18901 32 12:00 AM
10.25%
5467 HIDDEN PINES DRIVE 120 $11,848.00
BRIGHTON 113 0.99 45000.00 1/7/07
MI 2581601 59.00 1/7/97
48116 44
9.49%
6031 SIERRA BRAVO 120 $11,032.40
IRVINE 113 1.99 47000.00 1/2/07
CA 2581602 90.00 1/2/97
92715 21
10.49%
5020 WINDING HILLS LANE 120 $33,793.65
WOODSTOCK 112 0.99 33800.00 12/26/06
GA 2581603 90.00 12/26/96
30189 40
9.49%
BOX 1 A 243/485 COTTONTAIL 120 $13,669.20
LACKAWAXEN 113 1.99 15000.00 1/8/07
PA 2581604 90.00 1/8/97
18435 43
10.49%
11542 DISCOVERY HEIGHTS 120 $29,000.00
ANCHORAGE 112 1.75 29000.00 12/31/06
AK 2581605 75.00 12/31/96
99515 37
10.25%
338 FALLINGSTAR 120 $20,060.31
IRVINE 113 1.99 22100.00 1/13/07
CA 2581606 90.00 1/13/97
92714 29
10.49%
2616 ALPINE CREEK ROAD 120 $21,250.00
RENO 113 0.99 25000.00 1/28/07
NV 2581607 63.00 1/28/97
89509 48
9.49%
309 WEDGEMER STREET 120 $33,407.12
APEX 113 1.99 33600.00 1/28/07
NC 2581608 90.00 1/28/97
27502 30
10.49%
109 AGEE COURT 120 $26,789.27
************** 113 1.99 28400.00 1/29/07
TN 2581609 90.00 1/29/97
37075 44
10.49%
5046 ROSEWOOD DRIVE 120 $31,280.22
DOYLESTOWN 113 1.99 31700.00 1/29/07
PA 2581610 90.00 1/29/97
18901 38
10.49%
5718 ANDOVER
TROY 120 1.99 $27,256.54
MI 2581611 90.00 113 30500.00 1/24/97
48098 36 12:00 AM
10.49%
7510 GREENWAY LANE 120 $22,002.12
WEST 113 0.99 22000.00 1/27/07
MI 2581612 63.00 1/27/97
48322 0
9.49%
8534 ALBURY WALK LN. 120 $22,900.00
CHARLOTTE 113 1.99 22900.00 1/30/07
NC 2581613 90.00 1/30/97
28277 46
10.49%
1306 HAWLING PLACE 120 $38,400.44
LEESBURG 112 1.99 39500.00 12/4/06
VA 2581614 91.00 12/4/96
22075 33
10.49%
LAKE OSWEGO OR 120 $42,932.16
UNKNW 112 1.75 43000.00 12/13/06
OR 2581615 80.00 12/13/96
97035 33
10.25%
3239 RIDGETOP VIEW DRIVE 120 $19,509.97
SAINT LOUIS 112 1.99 20000.00 12/13/06
MO 2581616 89.00 12/13/96
63129 44
10.49%
104 SOUTH HOLMAN WAY 120 $20,000.21
GOLDEN 113 0.99 20000.00 1/15/07
CO 2581617 84.00 1/15/97
80401 45
9.49%
390 DEWSBURY PLACE 120 $40,800.00
BLUE BELL 112 1.99 40800.00 12/17/06
PA 2581618 90.00 12/17/96
19422 30
10.49%
7820 GATE WAY 120 $21,066.15
DUBLIN 112 1.99 27900.00 12/11/06
CA 2581619 91.00 12/11/96
94568 43
10.49%
64 HAWN 120 $48,823.56
FRISCO 112 1.75 50000.00 12/20/06
CO 2581620 84.00 12/20/96
80443 23
10.25%
#6 BROCKTON CIRCLE 120 $9,655.32
O FALLON 113 2.75 12000.00 1/17/07
MO 2581621 90.00 1/17/97
63366 44
11.25%
107 DEL RIO DRIVE
APEX 120 1.99 $25,603.14
NC 2581622 90.00 113 25700.00 1/2/97
27502 34 12:00 AM
10.49%
4033 W. JEBB ISLAND CIRCLE 120 $19,926.33
JACKSONVILLE 113 3.00 30000.00 1/31/07
FL 2581623 83.00 1/31/97
32216 42
11.5%
LAUREL MD 120 $31,163.52
UNKNW 113 1.99 34400.00 1/3/07
MD 2581624 90.00 1/3/97
20708 42
10.49%
28131 SAN LUCAS 120 $20,000.00
MISSION VIEJO 112 0.99 40000.00 12/27/06
CA 2581625 75.00 12/27/96
92692 37
9.49%
2 UPPER VINTAGE ROAD 120 $48,715.52
LAGUNA NIGUEL 113 0.99 50000.00 1/6/07
CA 2581626 63.00 1/6/97
92677 35
9.49%
ASBURY NJ 120 $9,504.55
UNKNW 112 2.00 31000.00 12/13/06
NJ 2581627 75.00 12/13/96
08802 45
10.5%
2170 DOE RUN DRIVE 120 $9,449.65
ARNOLD 111 1.99 15500.00 11/20/06
MO 2581628 90.00 11/20/96
63010 27
10.49%
12169 WILSEY WAY 120 $13,641.21
POWAY 112 1.99 15000.00 12/9/06
CA 2581629 90.00 12/9/96
92064 40
10.49%
6831 COFFEE SPRINGS 120 $21,076.29
SAINT LOUIS 111 1.99 23200.00 11/21/06
MO 2581630 90.00 11/21/96
63129 46
10.49%
3693 NORMANDY 120 $20,241.48
ROCHESTER 111 0.99 24000.00 11/21/06
MI 2581631 80.00 11/21/96
48306 38
9.49%
23436 GLENRIDGE DRIVE 120 $32,914.62
NEWHALL 112 0.99 44000.00 12/17/06
CA 2581632 80.00 12/17/96
91321 30
9.49%
UNKNW 120 1.99 $24,889.83
NJ 2581633 90.00 111 25000.00 11/21/96
00000 41 12:00 AM
10.49%
NEWPORT BEACH CA 120 $265,648.58
UNKNW 113 0.99 350000.00 1/8/07
CA 2581634 72.00 1/8/97
92660 17
9.49%
8745 SW RAVINE DRIVE 120 $75,084.64
BEAVERTON 112 1.99 75100.00 12/9/06
OR 2581635 90.00 12/9/96
97007 31
10.49%
316 SPINNAKER WAY 120 $8,500.00
SEAL BEACH 113 1.99 20600.00 1/22/07
CA 2581636 90.00 1/22/97
90740 33
10.49%
PO BOX 1134 120 $10,929.54
CAMPTON 112 1.99 13200.00 12/30/06
NH 2581637 90.00 12/30/96
03223 43
10.49%
745 RIVERVIEW DRIVE 120 $37,400.00
FRANKLIN 112 2.50 37600.00 12/13/06
TN 2581638 90.00 12/13/96
37064 43
11.%
11911 CHEROKEE 120 $24,987.00
LEAWOOD 112 1.99 33000.00 12/4/06
KS 2581639 90.00 12/4/96
66206 39
10.49%
TUCSON AZ 120 $25,015.79
UNKNW 111 1.99 25100.00 11/25/06
AZ 2581640 86.00 11/25/96
85704 22
10.49%
ROCHESTE HILLS MI 120 $8,619.04
UNKNW 111 0.99 71000.00 11/7/06
MI 2581641 80.00 11/7/96
48307 31
9.49%
2213 WIMBLEDON CIRCLE 120 $36,150.95
FRANKLIN 111 2.50 46700.00 11/14/06
TN 2581642 90.00 11/14/96
37069 42
11.%
75 RAYS CIRCLE 120 $24,677.19
HOLLISTER 112 0.99 38000.00 12/3/06
CA 2581643 80.00 12/3/96
95023 25
9.49%
10100 OLD WARDEN ROAD
RALEIGH 120 0.99 $14,914.64
NC 2581644 80.00 112 26800.00 12/3/96
27615 20 12:00 AM
9.49%
515 WEATHERSTONE COURT 120 $11,454.12
ALPHARETTA 112 1.99 17800.00 12/6/06
GA 2581645 87.00 12/6/96
30201 34
10.49%
3714 EAST REDFIELD ROAD 120 $43,567.00
GILBERT 111 1.99 43900.00 11/12/06
AZ 2581646 90.00 11/12/96
85233 43
10.49%
20754 MISSIONARY RIDGE 120 $32,872.72
DIAMOND BAR 112 0.99 33000.00 12/13/06
CA 2581647 71.00 12/13/96
91789 40
9.49%
INDIANAP IN 120 $25,000.00
UNKNW 112 0.99 30000.00 12/19/06
IN 2581648 75.00 12/19/96
46268 28
9.49%
40708 COACHWOOD CIRCLE 120 $649.35
NORTHVILLE 111 0.99 16000.00 11/15/06
MI 2581649 80.00 11/15/96
48167 34
9.49%
5071 NORRIS STREET 120 $15,765.99
IRVINE 111 1.99 50000.00 11/21/06
CA 2581650 85.00 11/21/96
92604 19
10.49%
PHOENIX AZ 120 $24,243.04
UNKNW 111 1.99 25100.00 11/21/06
AZ 2581651 82.00 11/21/96
85024 40
10.49%
NAPA CA 120 $38,087.96
UNKNW 111 1.99 42200.00 11/15/06
CA 2581652 90.00 11/15/96
94559 49
10.49%
3839 CAVALRY STREET 120 $23,499.28
LAS VEGAS 112 1.99 24000.00 12/10/06
NV 2581653 90.00 12/10/96
89121 31
10.49%
6907 NEUHOFF LANE 120 $32,464.96
CHARLOTTE 111 1.99 32600.00 11/22/06
NC 2581654 90.00 11/22/96
28269 40
10.49%
1103 E BLUE RIDGE DRIVE
CLARKSTON 120 2.25 $49,251.34
MI 2581655 90.00 110 49500.00 10/22/96
48348 43 12:00 AM
10.75%
2435 TUSCANY WAY 120 $39,177.77
FULLERTON 110 1.99 41000.00 10/22/06
CA 2581656 90.00 10/22/96
92835 42
10.49%
5320 TRACI DRIVE 120 $15,001.64
SANTA BARBARA 111 0.99 21400.00 11/7/06
CA 2581657 80.00 11/7/96
93111 27
9.49%
2312 CHESTNUT CIRCLE 120 $8,665.84
LAKE ORION 112 2.75 18000.00 12/14/06
MI 2581658 88.00 12/14/96
48360 38
11.25%
BOCA RATON FL 120 $38,620.12
UNKNW 111 1.99 38900.00 11/26/06
FL 2581659 90.00 11/26/96
33433 30
10.49%
OCEANSID CA 120 $20,647.24
UNKNW 112 1.99 21700.00 12/4/06
CA 2581660 90.00 12/4/96
92056 38
10.49%
103 BALZAC COURT 120 $12,227.01
CARY 110 1.99 45000.00 10/30/06
NC 2581661 95.00 10/30/96
27511 38
10.49%
19 HIGHLAND LANE 120 $12,508.30
HAWLEY 111 3.00 27700.00 11/11/06
PA 2581662 90.00 11/11/96
18428 18
11.5%
4333 CLEARWOOD ROAD 120 $18,849.01
MOORPARK 111 1.99 36500.00 11/26/06
CA 2581663 90.00 11/26/96
93021 36
10.49%
1128 CRYSTAL DOWNS DRIVE 120 $35,534.37
CHULA VISTA 111 1.99 36000.00 11/1/06
CA 2581664 90.00 11/1/96
91915 29
10.49%
1000 NORTH U S HIGHWAY 1 120 $24,257.26
JUPITER 110 0.99 24500.00 10/29/06
FL 2581665 85.00 10/29/96
33477 43
9.49%
8 QUAIL RUN COURT
ST. CHARLES 120 0.99 $18,629.75
MO 2581666 76.00 111 20000.00 11/6/96
63303 29 12:00 AM
9.49%
2044 KINGSWOOD DRIVE 120 $38,966.46
FLINT 110 2.50 42600.00 10/9/06
MI 2581667 90.00 10/9/96
48507 40
11.%
ELLENWOO GA 120 $4,800.45
UNKNW 111 1.99 25000.00 11/26/06
GA 2581668 89.00 11/26/96
30049 25
10.49%
BOCA RATON FL 120 $50,000.00
UNKNW 111 0.99 100000.00 11/25/06
FL 2581669 43.00 11/25/96
33496 47
9.49%
800 BONHURST DRIVE 120 $4,994.00
HOLLY SPRINGS 110 2.75 32000.00 10/11/06
NC 2581670 90.00 10/11/96
27540 39
11.25%
FORT COLLINS CO 120 $94,328.05
UNKNW 110 1.99 99000.00 10/28/06
CO 2581671 90.00 10/28/96
80525 38
10.49%
MILFORD PA 120 $16,249.22
UNKNW 111 1.99 17000.00 11/4/06
PA 2581672 90.00 11/4/96
18337 41
10.49%
SAINT LOUIS MO 120 $69,043.91
UNKNW 110 1.99 157500.00 10/18/06
MO 2581673 90.00 10/18/96
63128 22
10.49%
HOLLAND PA 120 $9,653.10
UNKNW 111 1.99 10000.00 11/22/06
PA 2581674 88.00 11/22/96
18966 43
10.49%
13057 KIWI LANE 120 $8,666.98
GARDEN GROVE 111 0.99 10000.00 11/13/06
CA 2581675 80.00 11/13/96
92844 22
9.49%
BLUE BELL PA 120 $39,345.20
UNKNW 110 1.99 42000.00 10/22/06
PA 2581676 90.00 10/22/96
19422 33
10.49%
SAN JOSE CA
UNKNW 120 0.99 $66,500.00
CA 2581677 82.00 111 66500.00 11/5/96
95138 38 12:00 AM
9.49%
27451 BETANZOS 120 $28,216.93
MISSION VIEJO 109 1.99 40300.00 9/18/06
CA 2581678 90.00 9/18/96
92692 40
10.49%
2217 GLADWIN DRIVE 120 $12,051.45
WALNUT CREEK 109 0.99 50000.00 9/27/06
CA 2581679 80.00 9/27/96
94596 30
9.49%
7523 NORTH DEL NORTE DRIVE 120 $24,543.94
SCOTTSDALE 110 0.99 25100.00 10/24/06
AZ 2581680 69.00 10/24/96
85258 41
9.49%
165 SILK LEAF DRIVE 120 $2,125.53
DULUTH 111 1.99 26400.00 11/12/06
GA 2581681 90.00 11/12/96
30155 37
10.49%
LARKSPUR CO 120 $29,715.14
UNKNW 110 0.99 30000.00 10/1/06
CO 2581682 59.00 10/1/96
80118 50
9.49%
BOCA RATON FL 120 $14,668.21
UNKNW 110 1.99 14900.00 10/16/06
FL 2581683 90.00 10/16/96
33428 23
10.49%
MANASSAS VA 120 $9,409.71
UNKNW 110 1.99 10400.00 10/30/06
VA 2581684 90.00 10/30/96
22111 27
10.49%
7818 N VIA DE LAS BRISAS 120 $25,059.79
SCOTTSDALE 109 0.99 25100.00 9/25/06
AZ 2581685 55.00 9/25/96
85258 48
9.49%
4936 DAKOTA DR 120 $21,489.20
FORT COLLINS 109 1.99 21500.00 9/30/06
CO 2581686 90.00 9/30/96
80525 32
10.49%
32793 MONO LAKE LANE 120 $19,047.46
FREMONT 110 1.99 20100.00 10/10/06
CA 2581687 90.00 10/10/96
94555 46
10.49%
LAKE ORION MI
UNKNW 120 1.50 $13,476.04
MI 2581688 80.00 109 23400.00 9/26/96
48359 34 12:00 AM
10.%
3001 FORRESTAL COURT 120 $6,228.53
NEW PORT 109 1.99 11100.00 9/30/06
FL 2581689 90.00 9/30/96
34655 41
10.49%
4532 EAST DUANE LANE 120 $31,978.78
CAVE CREEK 110 0.99 50000.00 10/14/06
AZ 2581690 61.00 10/14/96
85331 23
9.49%
TUCSON AZ 120 $49,516.49
UNKNW 110 1.99 50000.00 10/8/06
AZ 2581691 81.00 10/8/96
85715 47
10.49%
PHOENIX AZ 120 $16,260.48
UNKNW 108 1.99 25100.00 8/26/06
AZ 2581692 84.00 8/26/96
85051 19
10.49%
4674 KELLY BARRY WAY 120 $22,457.26
LAS VEGAS 109 1.99 24500.00 9/27/06
NV 2581693 90.00 9/27/96
89121 34
10.49%
12276 TURKEY WING COURT 120 $7,674.51
RESTON 110 0.99 20000.00 10/3/06
VA 2581694 80.00 10/3/96
22091 44
9.49%
3254 COLLINGSWOOD DR. 120 $38,306.82
CAMERON PARK 109 1.99 39000.00 9/25/06
CA 2581695 90.00 9/25/96
95682 40
10.49%
2306 LAKE VIEW DRIVE 120 $22,310.84
SANTA ROSA 109 0.99 25000.00 9/16/06
CA 2581696 34.00 9/16/96
95405 38
9.49%
GRAND RAPIDS MI 120 $23,900.76
UNKNW 109 2.75 25000.00 9/11/06
MI 2581697 89.00 9/11/96
49509 38
11.25%
5909 E. NORWOOD STREET 120 $13,382.18
MESA 109 1.99 26000.00 9/12/06
AZ 2581698 89.00 9/12/96
85215 38
10.49%
304 CAMARITAS WAY
DANVILLE 120 0.99 $21,248.21
CA 2581699 79.00 110 25000.00 10/17/96
94526 37 12:00 AM
9.49%
1441 VALLEY FORGE WAY 120 $11,093.04
ABINGDON 110 0.99 20000.00 10/25/06
MD 2581700 78.00 10/25/96
21009 35
9.49%
430 ALEXANDRA CIRCLE 120 $11,978.14
FORT 109 1.50 70700.00 9/13/06
FL 2581701 75.00 9/13/96
33326 33
10.%
408 FONTAINE DRIVE 120 $26,881.60
FRANKLIN 109 0.99 35000.00 9/13/06
TN 2581702 73.00 9/13/96
37064 38
9.49%
3303 STILLBROOK PASS 120 $30,757.35
MARIETTA 108 1.25 37900.00 8/7/06
GA 2581703 80.00 8/7/96
30062 14
9.75%
833 BUCKINGHAM PL 120 $25,957.11
DANVILLE 108 1.75 75900.00 8/9/06
CA 2581704 75.00 8/9/96
94506 44
10.25%
4300 43RD AVENUE SOUTH 120 $14,909.03
MINNEAPOLIS 109 0.99 19200.00 9/3/06
MN 2581705 80.00 9/3/96
55406 23
9.49%
1705 TYLER ST 120 $11,789.05
ALTUS 108 0.99 14800.00 8/20/06
OK 2581706 80.00 8/20/96
73521 34
9.49%
TUCSON AZ 120 $24,768.16
UNKNW 108 3.00 25100.00 8/15/06
AZ 2581707 90.00 8/15/96
85748 44
11.5%
1809 WHISPERING RIDGE 120 $5,039.87
SAINT PETERS 108 3.00 14200.00 8/14/06
MO 2581708 90.00 8/14/96
63376 16
11.5%
6511 DOWNEY FINCH DRIVE 120 $15,077.06
ANCHORAGE 108 1.99 35700.00 8/9/06
AK 2581709 90.00 8/9/96
99516 44
10.49%
13410 ELLIOTT ANN COURT
HERNDON 120 0.99 $16,153.44
VA 2581710 80.00 111 17300.00 11/12/96
22071 40 12:00 AM
9.49%
ANN ARBOR MI 120 $14,000.00
UNKNW 108 1.75 27400.00 8/19/06
MI 2581711 80.00 8/19/96
48108 30
10.25%
GREENWOO VILLAGE CO 120 $10,011.45
UNKNW 108 0.99 54500.00 8/20/06
CO 2581712 80.00 8/20/96
80111 38
9.49%
18851 PORTOFINO DRIVE 120 $66,700.00
IRVINE 108 1.99 67200.00 8/19/06
CA 2581713 90.00 8/19/96
92612 44
10.49%
1206 RIDGEBURY TERRACE 120 $14,219.57
MATTHEWS 107 0.99 14500.00 7/23/06
NC 2581714 80.00 7/23/96
28105 28
9.49%
2121 ARMSTRONG DRIVE 120 $25,812.22
PLEASANTON 107 2.75 26200.00 7/16/06
CA 2581715 90.00 7/16/96
94588 38
11.25%
601 TEESIDE COURT, MARSH 120 $28,570.45
ST. AUGUSTINE 108 1.99 29800.00 8/8/06
FL 2581716 90.00 8/8/96
32084 25
10.49%
3010 VESUVIA WAY 120 $50,381.72
SAN DIEGO 108 0.99 50000.00 8/30/06
CA 2581717 34.00 8/30/96
92139 21
9.49%
4026 BARRINGTON COURT 120 $13,610.36
FLORISSANT 108 3.00 25000.00 8/13/06
MO 2581718 90.00 8/13/96
63034 31
11.5%
48758 DESERT FLOWER DRIVE 120 $9,887.37
PALM DESERT 110 0.99 10000.00 10/30/06
CA 2581719 78.00 10/30/96
92260 44
9.49%
PALM BEACH GARDENS FL 120 $14,537.30
UNKNW 109 0.99 15000.00 9/5/06
FL 2581720 62.00 9/5/96
33418 42
9.49%
105 ARLEN PARK DRIVE
CHAPEL HILL 120 1.75 $40,693.40
NC 2581721 75.00 107 46500.00 7/24/96
27516 46 12:00 AM
10.25%
24 TOPAZ LANE 120 $12,017.49
HAMILTON 108 1.99 19300.00 8/29/06
NJ 2581722 90.00 8/29/96
08690 39
10.49%
LITTLETO CO 120 $11,949.19
UNKNW 108 3.00 12000.00 8/2/06
CO 2581723 89.00 8/2/96
80120 44
11.5%
MISSION VIEJO CA 120 $25,970.35
UNKNW 107 1.99 26500.00 7/31/06
CA 2581724 90.00 7/31/96
92692 32
10.49%
3722 MERRIWEATHER LANE 120 $18,200.00
ROCHESTER 108 3.00 65200.00 8/1/06
MI 2581725 90.00 8/1/96
48306 38
11.5%
BROOKLYN NY 120 $26,912.13
UNKNW 106 2.75 28100.00 6/25/06
PA 2581726 90.00 6/25/96
11209 22
11.25%
NORTH BRUNSWICK NJ 120 $5,304.60
UNKNW 106 2.00 29800.00 6/13/06
NJ 2581727 80.00 6/13/96
08902 33
10.5%
TUCSON AZ 120 $19,458.19
UNKNW 106 0.99 25100.00 6/28/06
AZ 2581728 77.00 6/28/96
85718 42
9.49%
11 NIDDEN 120 $61,276.54
IRVINE 107 0.99 100000.00 7/29/06
CA 2581729 67.00 7/29/96
92715 21
9.49%
FLINT MI 120 $23,447.67
UNKNW 107 0.99 24000.00 7/1/06
MI 2581730 80.00 7/1/96
48507 31
9.49%
MAPLE GROVE MN 120 $9,105.82
UNKNW 107 1.99 10000.00 7/18/06
MN 2581731 90.00 7/18/96
55369 25
10.49%
WELLINGO FL
UNKNW 120 0.99 $60,567.10
FL 2581732 80.00 108 67000.00 8/14/96
33414 35 12:00 AM
9.49%
SCOTTS VALLEY CA 120 $9,723.34
UNKNW 109 0.99 10000.00 9/10/06
CA 2581733 68.00 9/10/96
95066 43
9.49%
12614 RED PEPPER COURT 120 $12,460.13
GERMANTOWN 108 0.99 12800.00 8/9/06
MD 2581734 80.00 8/9/96
20874 38
9.49%
19 LONG MEADOW DRIVE 120 $22,395.71
IPSWICH 109 1.49 50000.00 9/24/06
MA 2581735 62.00 9/24/96
01938 44
9.99%
TEMPE AZ 120 $21,540.08
UNKNW 107 3.00 40000.00 7/1/06
AZ 2581736 88.00 7/1/96
85283 41
11.5%
SCOTTSDA AZ 120 $41,945.73
UNKNW 107 1.99 42000.00 7/2/06
AZ 2581737 90.00 7/2/96
85251 42
10.49%
52180 WYNDHAM CREST 120 $16,877.35
GRANGER 108 0.99 22600.00 8/8/06
IN 2581738 80.00 8/8/96
46530 27
9.49%
STREAMWO IL 120 $10,594.38
UNKNW 106 3.00 11100.00 6/26/06
IL 2581739 90.00 6/26/96
60107 36
11.5%
6 ZOLA COURT 120 $49,452.16
IRVINE 106 1.99 50000.00 6/20/06
CA 2581740 88.00 6/20/96
92715 36
10.49%
SCOTTSDA AZ 120 $24,688.23
UNKNW 105 3.00 38600.00 5/29/06
AZ 2581741 90.00 5/29/96
85259 27
11.5%
SHELBY TOWNSHIP MI 120 $6,455.68
UNKNW 106 1.50 59200.00 6/5/06
MI 2581742 80.00 6/5/96
48315 24
10.%
MESA AZ
UNKNW 120 2.00 $23,717.22
AZ 2581743 70.00 106 29100.00 6/6/96
85215 14 12:00 AM
10.5%
MOORPARK CA 120 $29,454.19
UNKNW 106 1.75 30000.00 6/5/06
CA 2581744 75.00 6/5/96
93021 46
10.25%
HORSHAM PA 120 $11,841.19
UNKNW 106 0.99 12000.00 6/17/06
PA 2581745 69.00 6/17/96
19044 46
9.49%
RAMONA CA 120 $26,750.83
UNKNW 106 0.99 27400.00 6/17/06
CA 2581746 80.00 6/17/96
92065 45
9.49%
TINTON FALLS NJ 120 $24,818.05
UNKNW 106 2.75 25000.00 6/21/06
NJ 2581747 83.00 6/21/96
07724 49
11.25%
3080 CRUMPTON LANE 120 $21,014.34
MARINA 108 1.99 23000.00 8/6/06
CA 2581748 88.00 8/6/96
93933 41
10.49%
ANTIOCH TN 120 $12,431.85
UNKNW 106 3.00 12300.00 6/13/06
TN 2581749 90.00 6/13/96
37013 44
11.5%
SAGINAW MI 120 $9,934.66
UNKNW 106 1.50 10000.00 6/13/06
MI 2581750 75.00 6/13/96
48603 23
10.%
DELRAY BEACH FL 120 $13,000.00
UNKNW 107 2.00 29100.00 7/16/06
FL 2581751 80.00 7/16/96
33445 36
10.5%
LAS VEGAS NV 120 $47,743.65
UNKNW 106 1.99 48000.00 6/14/06
NV 2581752 90.00 6/14/96
89129 36
10.49%
CASTRO VALLEY CA 120 $58,694.81
UNKNW 105 0.99 75000.00 5/28/06
CA 2581753 67.00 5/28/96
94552 49
9.49%
ANAHEIM CA
UNKNW 120 1.99 $32,064.37
CA 2581754 90.00 105 40900.00 5/28/96
92807 39 12:00 AM
10.49%
PARAMUS NJ 120 $24,663.60
UNKNW 105 2.00 25000.00 5/3/06
NJ 2581755 36.00 5/3/96
07652 38
10.5%
PHOENIX AZ 120 $14,245.30
UNKNW 105 1.75 31000.00 5/7/06
AZ 2581756 80.00 5/7/96
85044 26
10.25%
CLARKSTO MI 120 $39,547.17
UNKNW 106 0.99 40000.00 6/6/06
MI 2581757 81.00 6/6/96
48346 32
9.49%
DOVE CANYON CA 120 $13,855.00
UNKNW 105 3.00 40000.00 5/10/06
CA 2581758 90.00 5/10/96
92679 36
11.5%
COCONUT CREEK FL 120 $22,332.49
UNKNW 106 2.00 22600.00 6/24/06
FL 2581759 90.00 6/24/96
33073 42
10.5%
SAINT LOUIS MO 120 $22,718.82
UNKNW 105 2.75 23500.00 5/14/06
MO 2581760 90.00 5/14/96
63129 26
11.25%
CARMEL IN 120 $27,978.70
UNKNW 106 0.99 30000.00 6/11/06
IN 2581761 64.00 6/11/96
46032 40
9.49%
BAHAMA NC 120 $26,369.97
UNKNW 105 1.75 29000.00 5/22/06
NC 2581762 80.00 5/22/96
27503 39
10.25%
163 BUCKSKIN DRIVE 120 $9,053.04
CARBONDALE 105 2.00 28600.00 5/21/06
CO 2581763 80.00 5/21/96
81623 45
10.5%
ABINGDON MD 120 $24,883.82
UNKNW 106 0.99 30000.00 6/11/06
MD 2581764 78.00 6/11/96
21009 25
9.49%
SOUTHAMP NJ
UNKNW 120 2.75 $35,986.66
NJ 2581765 90.00 104 38000.00 4/8/96
08088 41 12:00 AM
11.25%
ST PETERS MO 120 $14,875.34
UNKNW 104 3.00 15000.00 4/18/06
MO 2581766 90.00 4/18/96
63376 40
11.5%
BRONX NY 120 $17,145.66
UNKNW 104 0.99 40000.00 4/22/06
NY 2581767 64.00 4/22/96
10460 38
9.49%
W PALM BEACH FL 120 $26,062.94
UNKNW 106 0.99 45000.00 6/18/06
FL 2581768 49.00 6/18/96
33417 44
9.49%
MONARCH BEACH CA 120 $35,689.03
UNKNW 104 0.99 50000.00 4/10/06
CA 2581769 52.00 4/10/96
92629 18
9.49%
ANCHORAG AK 120 $34,117.75
UNKNW 104 2.75 41200.00 4/26/06
AK 2581770 90.00 4/26/96
99515 39
11.25%
HUNTINGT BEACH CA 120 $19,908.85
UNKNW 107 2.00 20000.00 7/29/06
CA 2581771 86.00 7/29/96
92648 41
10.5%
OLD BRIDGE NJ 120 $12,132.42
UNKNW 105 0.99 20000.00 5/7/06
NJ 2581772 79.00 5/7/96
08857 35
9.49%
NORCROSS GA 120 $11,676.16
UNKNW 104 2.00 100000.00 4/18/06
GA 2581773 69.00 4/18/96
30092 36
10.5%
CHESTERF MO 120 $32,055.83
UNKNW 104 1.75 35400.00 4/15/06
MO 2581774 80.00 4/15/96
63017 31
10.25%
CHESTERF MO 120 $14,472.34
UNKNW 104 2.00 14500.00 4/16/06
MO 2581775 75.00 4/16/96
63017 38
10.5%
BOCA RATON FL
UNKNW 120 1.75 $31,791.44
FL 2581776 80.00 105 33800.00 5/16/96
33498 36 12:00 AM
10.25%
HIGHLAND MILLS NY 120 $55,936.98
UNKNW 106 0.99 60000.00 6/21/06
NY 2581777 76.00 6/21/96
10930 41
9.49%
TUCSON AZ 120 $30,000.00
UNKNW 101 2.75 33000.00 1/10/06
AZ 2581778 90.00 1/10/96
85718 15
11.25%
SPRING HILL FL 120 $12,737.87
UNKNW 101 2.00 30000.00 1/16/06
FL 2581779 38.00 1/16/96
34609 36
10.5%
GRAYSON GA 120 $36,450.48
UNKNW 102 1.49 36400.00 2/13/06
GA 2581780 80.00 2/13/96
30221 38
9.99%
SONOMA CA 120 $48,000.00
UNKNW 104 1.75 100000.00 4/30/06
CA 2581781 45.00 4/30/96
95476 29
10.25%
YORKTOWN HEIGHTS NY 120 $23,892.57
UNKNW 104 2.00 27000.00 4/11/06
NY 2581782 74.00 4/11/96
10598 37
10.5%
DRUMS PA 120 $11,668.77
UNKNW 104 3.00 11800.00 4/16/06
PA 2581783 90.00 4/16/96
18222 41
11.5%
HENDERSO NV 120 $7,915.75
UNKNW 103 0.99 10000.00 3/28/06
NV 2581784 67.00 3/28/96
89014 47
9.49%
CARY NC 120 $13,537.64
UNKNW 103 2.00 25000.00 3/19/06
NC 2581785 80.00 3/19/96
27513 23
10.5%
CLARKSTO MI 120 $9,800.72
UNKNW 107 0.99 10500.00 7/8/06
MI 2581786 75.00 7/8/96
48346 28
9.49%
TINLEY PARK IL
PARKVIEW 120 2.00 $7,894.33
IL 2581787 75.00 103 24000.00 3/11/96
60477 31 12:00 AM
10.5%
FARMINGT HILLS MI 120 $14,123.19
UNKNW 105 0.99 40000.00 5/20/06
MI 2581788 71.00 5/20/96
48331 20
9.49%
APEX NC 120 $13,741.31
UNKNW 103 2.00 29400.00 3/15/06
NC 2581789 90.00 3/15/96
27502 27
10.5%
AUBURN CA 120 $19,384.33
UNKNW 104 0.99 30000.00 4/23/06
CA 2581790 56.00 4/23/96
95602 39
9.49%
GERMANTO MD 120 $12,197.79
UNKNW 104 0.99 16000.00 4/23/06
MD 2581791 76.00 4/23/96
20874 27
9.49%
ELLISVIL MO 120 $11,800.95
UNKNW 98 1.75 11900.00 10/26/05
MO 2581792 80.00 10/26/95
63021 17
10.25%
SAN DIEGO CA 120 $17,998.28
UNKNW 99 2.00 19600.00 11/22/05
CA 2581793 80.00 11/22/95
92121 37
10.5%
OCEANSID CA 120 $14,605.47
UNKNW 101 2.00 50000.00 1/2/06
CA 2581794 33.00 1/2/96
92056 39
10.5%
CASTLE ROCK CO 120 $13,220.78
UNKNW 99 2.75 14300.00 11/10/05
CO 2581795 90.00 11/10/95
80104 34
11.25%
HAWLEY PA 120 $4,000.00
UNKNW 99 2.00 25000.00 11/9/05
PA 2581796 60.00 11/9/95
18428 52
10.5%
JACKSONV FL 120 $13,899.56
UNKNW 99 4.00 15000.00 11/15/05
FL 2581797 100.00 11/15/95
32257 37
12.5%
FOREST LAKE MN
UNKNW 120 1.50 $67,110.48
MN 2581798 79.00 99 70000.00 11/6/95
55025 39 12:00 AM
10.%
DALLAS TX 120 $20,906.49
UNKNW 98 3.00 24800.00 10/11/05
FL 2581799 90.00 10/11/95
75226 24
11.5%
NOBLESVI IN 120 $61,254.63
UNKNW 99 1.00 168000.00 11/8/05
IN 2581800 80.00 11/8/95
46060 27
9.5%
GAITHERS MD 120 $24,912.77
UNKNW 99 2.00 25100.00 11/21/05
MD 2581801 66.00 11/21/95
20879 27
10.5%
COARGOLD CA 120 $8,200.89
UNKNW 95 3.00 25000.00 7/5/05
CA 2581802 90.00 7/5/95
93614 34
11.5%
JACKSONV FL 120 $40,515.88
UNKNW 94 2.75 44700.00 6/14/05
FL 2581803 90.00 6/14/95
32224 37
11.25%
TAMPA FL 120 $29,800.45
UNKNW 102 2.75 30000.00 2/15/06
FL 2581804 90.00 2/15/96
33624 32
11.25%
ST LOUIS MO 120 $13,680.83
UNKNW 103 3.00 21400.00 3/14/06
MO 2581805 90.00 3/14/96
63146 19
11.5%
ANN ARBOR, MI 120 $12,657.69
UNKNW 91 1.75 40600.00 3/9/05
MI 2581806 90.00 3/9/95
48108 22
10.25%
CARTERSV GA 180 $21,708.01
UNKNW 151 2.00 56000.00 3/27/10
GA 2581807 80.00 3/27/95
30120 33
10.5%
DELRAY BEACH, FL 180 $9,535.63
UNKNW 151 3.00 10000.00 3/31/10
FL 2581808 90.00 3/31/95
33445 49
11.5%
PONTE VERDE BEACH, FL
UNKNW 180 1.50 $92,475.37
FL 2581809 90.00 152 122000.00 4/11/95
32082 35 12:00 AM
10.%
NOVI, MI 120 $16,394.02
UNKNW 92 2.75 17000.00 4/7/05
MI 2581810 90.00 4/7/95
48374 40
11.25%
DANVILLE CA 120 $66,385.71
UNKNW 92 2.00 80000.00 4/24/05
CA 2581811 68.00 4/24/95
94506 46
10.5%
TUCSON, AZ 120 $26,049.99
UNKNW 93 1.75 25800.00 5/22/05
AZ 2581812 80.00 5/22/95
85737 35
10.25%
ALGODONE NM 120 $16,962.19
UNKNW 94 3.00 17500.00 6/2/05
NM 2581813 90.00 6/2/95
87001 33
11.5%
NOVI MI 180 $27,966.51
UNKNW 155 1.50 40900.00 7/26/10
MI 2581814 80.00 7/26/95
48375 10
10.%
HUNTINGT NY 120 $55,000.00
UNKNW 95 1.50 115000.00 7/17/05
NY 2581815 80.00 7/17/95
11743 28
10.%
WILLIAMS VA 120 $24,085.02
UNKNW 96 2.00 25000.00 8/25/05
VA 2581816 74.00 8/25/95
23188 41
10.5%
SAN LEANDRO CA 120 $7,541.45
UNKNW 97 4.00 25900.00 9/22/05
CA 2581817 100.00 9/22/95
94578 24
12.5%
SAN RAMON CA 120 $13,247.62
UNKNW 97 2.00 50000.00 9/7/05
CA 2581818 59.00 9/7/95
94583 36
10.5%
EAST BRUNSWICK NJ 120 $9,729.39
UNKNW 98 3.00 10000.00 10/4/05
NJ 2581819 87.00 10/4/95
08816 39
11.5%
12712 LAKESTONE DRIVE
MIDLOTHIAN 120 1.99 $89,265.71
VA 2581820 90.00 116 100000.00 4/17/97
23113 0 12:00 AM
7.5%
3 EBONY COURT 120 $21,100.00
NEWTOWN 116 1.99 21100.00 4/23/07
PA 2581821 90.00 4/23/97
18940 0
7.5%
LAKE WORTH FL 119 $29,838.92
UNKNW 116 1.99 30000.00 4/25/07
FL 2581822 90.00 5/1/97
33467 0
7.5%
ALLAMUCH NJ 120 $13,371.70
UNKNW 117 1.99 15000.00 5/1/07
NJ 2581823 88.00 5/1/97
07820 0
7.5%
BIRMINGH AL 120 $20,703.85
UNKNW 117 1.99 27200.00 5/7/07
AL 2581824 90.00 5/7/97
35226 0
7.5%
RALEIGH NC 120 $19,624.12
UNKNW 117 1.99 20000.00 5/12/07
NC 2581825 87.00 5/12/97
27615 0
7.5%
22375 PINEGLEN 120 $45,792.91
MISSION VIEJO 117 1.99 50000.00 5/15/07
CA 2581826 85.00 5/15/97
92692 0
7.5%
30 LAWRENCE LAKE DRIVE 120 $65,285.49
BOYNTON BEACH 117 0.99 66000.00 5/20/07
FL 2581827 70.00 5/20/97
33436 0
7.5%
WORLDWID DIRECT 120 $61,000.00
PO BOX 160, 113 0.99 61500.00 1/31/07
NJ 2581828 80.00 1/31/97
20636 22
9.49%
CLAYTON, CA 120 $6,569.89
UNKNW 85 3.00 26350.00 9/23/04
CA 2581829 90.00 9/23/94
94517 26
11.5%
YORBA LINDA, CA 120 $43,500.00
UNKNW 86 2.75 43500.00 10/6/04
CA 2581830 90.00 10/6/94
92687 38
11.25%
MIAMI, FL.
UNKNW 180 1.75 $30,021.17
FL 2581831 38.00 148 30000.00 12/15/94
33174 35 12:00 AM
10.25%
TUSCON, AZ 120 $27,397.72
UNKNW 89 2.75 30500.00 1/24/05
AZ 2581832 90.00 1/24/95
85718 31
11.25%
10206 56TH STREET S W 120 $18,087.40
COOPER CITY 116 0.99 35400.00 4/3/07
FL 2581833 80.00 4/3/97
33328 0
7.5%
7186 SOUTHWEST 22ND 120 $11,837.98
DAVIE 116 0.99 12200.00 4/4/07
FL 2581834 80.00 4/4/97
33317 0
7.5%
4 EFFORD CT 120 $6,600.00
WILLIAMSBURG 116 0.99 22800.00 4/4/07
VA 2581835 80.00 4/4/97
23188 0
7.5%
RANCHO MIRAGE CA 120 $34,974.86
UNKNW 116 1.99 35000.00 4/9/07
CA 2581836 89.00 4/9/97
92270 0
7.5%
4724 GROVETON WAY 120 $14,041.17
ST. LOUIS 116 0.99 18800.00 4/8/07
MO 2581837 79.00 4/8/97
63128 0
7.5%
1932 OZARK PARKWAY 120 $19,075.40
ALGONQUIN 116 1.99 22700.00 4/15/07
IL 2581838 90.00 4/15/97
60102 0
7.5%
22 INDEPENDENCE AVENUE 120 $37,155.52
LAKE OSWEGO 116 0.99 50000.00 4/15/07
OR 2581839 46.00 4/15/97
97035 0
7.5%
10700 NW 4TH STREET 120 $24,890.46
PLANTATION 116 1.99 25000.00 4/17/07
FL 2581840 90.00 4/17/97
33324 0
7.5%
912 QUINCY CT. 120 $39,607.19
JACKSONVILLE 116 1.99 40000.00 4/18/07
FL 2581841 86.00 4/18/97
32259 0
7.5%
1753 CHARITY DRIVE
BRENTWOOD 120 1.99 $75,000.00
TN 2581842 90.00 116 75000.00 4/21/97
37027 0 12:00 AM
7.5%
2082 GOLD KEY LAKE 120 $11,347.51
MILFORD 116 1.99 11700.00 4/25/07
PA 2581843 13.00 4/25/97
18337 0
7.5%
4862 TALL OAK COURT 120 $33,999.59
DOYLESTOWN 116 1.99 34000.00 4/22/07
PA 2581844 89.00 4/22/97
18901 0
7.5%
3703 MERRIWEATHER LANE 120 $6,702.29
ROCHESTER 115 1.99 41700.00 3/26/07
MI 2581845 89.00 3/26/97
48306 0
7.5%
2025 WILLOW TRAIL 120 $24,660.04
SAINT CHARLES 115 0.99 26000.00 3/27/07
MO 2581846 80.00 3/27/97
63303 0
7.5%
CHAPEL HILL NC 120 $40,206.03
UNKNW 115 1.99 40500.00 3/26/07
NC 2581847 90.00 3/26/97
27516 0
7.5%
TUCSON AZ 120 $35,166.21
UNKNW 115 1.99 35200.00 3/27/07
AZ 2581848 90.00 3/27/97
85748 0
7.5%
WOODBURY MN 120 $18,506.07
UNKNW 115 0.99 18700.00 3/28/07
MN 2581849 80.00 3/28/97
55125 0
7.5%
113 PERSIMMONS DRIVE 120 $33,306.67
COLLEGEVILLE 115 1.99 33700.00 3/28/07
PA 2581850 90.00 3/28/97
19426 0
7.5%
226 SOUTH HOLYOKE DRIVE 120 $16,345.05
ELKO 115 0.99 25000.00 3/26/07
NV 2581851 77.00 3/26/97
89801 0
7.5%
SAINT CHARLES MO 120 $31,873.97
UNKNW 115 0.99 32600.00 3/28/07
MO 2581852 80.00 3/28/97
63304 0
7.5%
11928 ACACIA GLEN COURT
SAN DIEGO 120 1.99 $20,156.96
CA 2581853 41.00 115 25000.00 3/26/97
92126 0 12:00 AM
7.5%
ROCHESTE HILLS MI 120 $5,415.85
UNKNW 116 1.99 20800.00 4/2/07
MI 2581854 89.00 4/2/97
48309 0
7.5%
2007 S. PRINCE COURT 120 $15,295.20
WINTER PARK 116 1.99 16000.00 4/2/07
FL 2581855 90.00 4/2/97
32792 0
7.5%
12550 N. WAYFARER WAY 120 $23,558.89
TUCSON 116 1.99 25100.00 4/2/07
AZ 2581856 90.00 4/2/97
85737 0
7.5%
874 MADIGAN AVENUE 120 $12,526.34
CONCORD 115 0.99 27000.00 3/4/07
CA 2581857 75.00 3/4/97
94518 49
7.5%
40 WINCHESTER ROAD 120 $91,135.97
ORMOND BCH 115 0.99 92200.00 3/6/07
FL 2581858 80.00 3/6/97
32174 36
7.5%
5 EXETER COURT 120 $18,557.94
PRINCETON 115 1.99 19800.00 3/6/07
NJ 2581859 90.00 3/6/97
08540 35
7.5%
9518 PLANTATION ROAD 120 $31,063.54
OLIVE BRANCH 115 1.99 31100.00 3/7/07
MS 2581860 90.00 3/7/97
38654 37
7.5%
1492 PINE CREEK COURT 120 $31,856.40
THOUSAND OAKS 115 1.99 32000.00 3/11/07
CA 2581861 90.00 3/11/97
91320 37
7.5%
DINGMANS FERRY PA 120 $4,182.51
UNKNW 115 1.99 7400.00 3/11/07
PA 2581862 90.00 3/11/97
18328 19
7.5%
OAKDALE CA 120 $18,668.17
UNKNW 115 1.99 18800.00 3/14/07
CA 2581863 90.00 3/14/97
95361 44
7.5%
3582 E COSTILLA
LITTLETON 120 1.99 $28,769.82
CO 2581864 90.00 115 28800.00 3/14/97
80122 39 12:00 AM
7.5%
1327 ROBERTRIDGE DR. 120 $31,372.16
SAINT CHARLES 115 1.99 31900.00 3/14/07
MO 2581865 90.00 3/14/97
63304 37
7.5%
1510 WEST SAND COVE DRIVE 120 $23,880.95
GILBERT 115 1.99 25100.00 3/20/07
AZ 2581866 90.00 3/20/97
85233 0
7.5%
159 MILL STREET 121 $8,249.89
WESTWOOD 115 0.99 22000.00 3/21/07
ME 2581867 75.00 2/20/97
02090 29
7.5%
15915 LA RENA COURT 120 $99,105.81
MORGAN HILL 115 0.99 99500.00 3/24/07
CA 2581868 67.00 3/24/97
95037 43
7.5%
ORION MI 120 $27,869.98
UNKNW 114 1.99 28300.00 2/17/07
MI 2581869 90.00 2/17/97
48359 44
7.5%
LAS VEGAS NV 120 $12,197.70
UNKNW 114 0.99 12600.00 2/20/07
NV 2581870 80.00 2/20/97
89123 42
7.5%
1905 NE 82ND TERRACE 120 $10,280.17
KANSAS CITY 114 0.99 22900.00 2/24/07
MO 2581871 89.00 2/24/97
64118 34
7.5%
2327 VIA ZAFIRO 120 $74,800.36
SAN CLEMENTE 114 1.99 77000.00 2/25/07
CA 2581872 90.00 2/25/97
92673 38
7.5%
721 WAKEHURST DRIVE 120 $25,245.43
APEX 114 1.99 25600.00 2/26/07
NC 2581873 90.00 2/26/97
27502 27
7.5%
11068 THRUSH RIDGE ROAD 120 $48,036.20
RESTON 114 0.99 48600.00 2/27/07
VA 2581874 80.00 2/27/97
20191 35
7.5%
4184 PINEWOOD LAKE DRIVE
BAKERSFIELD 120 0.99 $10,496.24
CA 2581875 79.00 114 50000.00 2/27/97
93309 29 12:00 AM
7.5%
ORLANDO FL 120 $11,773.32
UNKNW 114 0.99 15000.00 2/27/07
FL 2581876 65.00 2/27/97
32817 0
7.5%
2114 STURBRIDGE COMMONS 120 $18,260.64
HOLLAND 114 0.99 20000.00 2/28/07
PA 2581877 75.00 2/28/97
18966 37
7.5%
4994 BROOKBURN DRIVE 120 $31,512.33
SAN DIEGO 114 1.99 47200.00 2/28/07
CA 2581878 90.00 2/28/97
92130 32
7.5%
27 VIA PERICO 120 $27,161.39
RANCHO SANTA 114 1.99 28000.00 2/28/07
CA 2581879 90.00 2/28/97
92688 35
7.5%
78 VISTA MONTEMAR 120 $71,700.00
LAGUNA NIGUEL 114 1.99 71700.00 2/28/07
CA 2581880 90.00 2/28/97
92677 39
7.5%
22800 ALVISO ROAD 120 $20,948.32
PERRIS 111 1.99 21000.00 11/1/06
CA 2581881 90.00 11/1/96
92570 29
10.49%
5 LAKEVIEW 120 $6,905.46
LAKE SAINT 114 0.99 29000.00 2/3/07
MO 2581882 80.00 2/3/97
63367 31
7.5%
TAMPA FL 120 $9,240.00
UNKNW 114 1.99 13500.00 2/4/07
FL 2581883 90.00 2/4/97
33624 0
7.5%
44 CREAM STREET 120 $7,198.00
POUGHKEEPSIE 114 0.99 50000.00 2/4/07
NC 2581884 34.00 2/4/97
12601 55
7.5%
13015 E. CAPE HORN DRIVE 120 $99,994.70
TUCSON 114 0.99 100000.00 2/5/07
AZ 2581885 58.00 2/5/97
85749 32
7.5%
111 SHAWNEE CIRCLE
ELDRIDGE 120 1.99 $41,222.50
IA 2581886 90.00 114 47000.00 2/5/97
52748 43 12:00 AM
7.5%
7944 E PARKVIEW LANE 120 $43,218.52
SCOTTSDALE 114 1.99 43300.00 2/7/07
AZ 2581887 90.00 2/7/97
85255 30
7.5%
17 MAGNOLIA DRIVE 120 $24,953.76
ST LOUIS 114 1.99 25300.00 2/11/07
MO 2581888 90.00 2/11/97
63124 0
7.5%
267 OAK PATH 120 $22,413.94
BALLWIN 114 1.99 23600.00 2/13/07
MO 2581889 90.00 2/13/97
63011 29
7.5%
3831 WOLCOTT COURT 120 $36,798.67
FLORISSANT 114 1.99 39000.00 2/14/07
MO 2581890 89.00 2/14/97
63034 0
7.5%
542 W. 58TH STREET 120 $14,622.30
HINSDALE 114 0.99 15000.00 2/14/07
IL 2581891 52.00 2/14/97
60521 45
7.5%
14413 CLIPPER COVE COURT 120 $7,492.88
MIDLOTHIAN 114 0.99 20000.00 2/17/07
VA 2581892 66.00 2/17/97
23113 40
7.5%
LA GRANDE OR 120 $19,149.26
UNKNW 117 0.99 20000.00 5/2/07
OR 2581893 72.00 5/2/97
97850 0
7.5%
MARION, MI 180 $29,800.00
UNKNW 146 1.75 30000.00 10/25/09
MI 2581894 79.00 10/25/94
49665 36
10.25%
WEST WINFIELD NY 120 $24,249.20
UNKNW 92 3.00 24300.00 4/25/05
NY 2581895 90.00 4/25/95
13491 29
11.5%
MARION, IN 120 $20,301.92
UNKNW 93 1.75 28000.00 5/30/05
IN 2581896 70.00 5/30/95
46953 0
10.25%
CLOVER SC
UNKNW 120 0.99 $14,073.00
SC 2581897 66.00 106 15000.00 6/4/96
29710 42 12:00 AM
9.49%
MILAN MI 120 $16,205.36
UNKNW 108 0.99 18000.00 8/2/06
MI 2581898 61.00 8/2/96
48160 32
9.49%
P.O. BOX 121 120 $37,597.85
ANNAPOLIS 108 0.99 39000.00 8/1/06
MO 2581899 65.00 8/1/96
63620 31
9.49%
NEWPORT MI 120 $24,912.70
UNKNW 106 0.99 25000.00 6/20/06
MI 2581900 72.00 6/20/96
48166 44
9.49%
ROUTE 2 BOX 299 120 $20,597.45
MARION 108 0.99 20600.00 8/6/06
NC 2581901 80.00 8/6/96
28752 41
9.49%
GLEN CARRIE ROAD 120 $8,120.05
HULL 110 0.99 10000.00 10/1/06
GA 2581902 75.00 10/1/96
30646 34
9.49%
SUSANVIL CA 120 $20,627.00
UNKNW 109 0.99 30000.00 9/17/06
CA 2581903 72.00 9/17/96
96130 26
9.49%
5321 COUNTY ROAD 25 120 $12,317.44
CORTEZ 110 0.99 15000.00 10/1/06
CO 2581904 61.00 10/1/96
81321 38
9.49%
27981 N SANTIAM HIGHWAY 120 $55,996.41
MILL CITY 110 1.99 57000.00 10/2/06
OR 2581905 49.00 10/2/96
97360 23
10.49%
BLUE BELL PA 180 $50,000.00
UNKNW 132 1.75 70425.00 8/27/08
PA 2581906 75.00 8/27/93
19422 36
10.25%
WARREN MI 180 $34,606.28
UNKNW 135 1.50 50000.00 11/11/08
MI 2581907 56.00 11/11/93
48093 37
10.%
SANTA ANA CA
UNKNW 180 1.75 $34,253.49
CA 2581908 75.00 137 34600.00 1/14/94
92711 17 12:00 AM
10.25%
CHESTERF MI 180 $2,710.87
UNKNW 138 2.00 38750.00 2/16/09
MI 2581909 75.00 2/16/94
48051 34
10.5%
CROFTON MD 180 $42,935.07
UNKNW 135 1.75 48000.00 11/15/08
MD 2581910 75.00 11/15/93
21114 32
10.25%
ROCHESTE HILLS MI 180 $22,821.17
UNKNW 138 1.75 29600.00 2/22/09
MI 2581911 75.00 2/22/94
48306 16
10.25%
PENNSAUK NJ 180 $4,662.25
UNKNW 140 2.00 36800.00 4/11/09
NJ 2581912 75.00 4/11/94
08109 31
10.5%
DOYLESTO PA 180 $20,338.82
UNKNW 141 2.00 55900.00 5/20/09
PA 2581913 75.00 5/20/94
18901 25
10.5%
1975 E. SUNRISE BLVD SUITE 180 $132,055.35
FT. LAUDERDALE 144 1.50 133600.00 8/3/09
FL 2581914 80.00 8/3/94
33304 37
10.%
CLARKSTO MI 180 $29,161.56
UNKNW 144 1.25 35500.00 8/2/09
MI 2581915 80.00 8/2/94
48346 0
9.75%
EUFAULA AL 120 $24,482.09
UNKNW 114 0.99 25000.00 2/12/07
AL 2581916 57.00 2/12/97
36027 44
7.5%
ROUTE 7 BOX 211-H 120 $12,109.00
BEDFORD 116 1.99 16700.00 4/10/07
VA 2581917 90.00 4/10/97
24523 0
7.5%
REDDING CA 120 $5,615.68
UNKNW 116 1.99 10800.00 4/24/07
CA 2581918 90.00 4/24/97
96003 0
7.5%
FLUSHING MI
UNKNW 120 0.99 $27,558.85
MI 2581919 33.00 113 30000.00 1/7/97
48433 0 12:00 AM
9.49%
53408 BRYCE COURT 120 $9,801.56
NEW BALTIMORE 113 0.99 10000.00 1/21/07
MI 2581920 51.00 1/21/97
48047 39
9.49%
3420 SPRING BLUFF PLACE 120 $5,923.98
LAUDERHILL 113 1.99 7500.00 1/29/07
FL 2581921 90.00 1/29/97
33319 34
10.49%
CLINTON TOWNSHIP MI 120 $21,380.92
UNKNW 113 0.99 62500.00 1/17/07
MI 2581922 57.00 1/17/97
48038 39
9.49%
8250 LOST PINES 120 $49,982.69
DAVISBURG 113 1.99 50000.00 1/16/07
MI 2581923 90.00 1/16/97
48350 54
10.49%
WATERFOR MI 120 $17,093.46
UNKNW 113 0.99 30000.00 1/27/07
MI 2581924 79.00 1/27/97
48327 25
9.49%
MIAMI FL 120 $248.42
UNKNW 114 3.00 48000.00 2/14/07
FL 2581925 90.00 2/14/97
33160 26
11.5%
133 CROSSRIDGE DRIVE 120 $35,765.04
KETTERING 114 2.25 40000.00 2/26/07
OH 2581926 85.00 2/26/97
45429 34
10.75%
4702 MAPLE CREEK COURT 120 $24,909.64
WEST 106 2.75 25000.00 6/28/06
MI 2581927 86.00 6/28/96
48322 0
11.25%
WAYNE NJ 180 $5,956.16
UNKNW 107 2.00 122000.00 7/9/06
NJ 2581928 75.00 7/9/91
07470 45
10.5%
LA CANADA CA 180 $40,448.10
UNKNW 117 1.75 45000.00 5/2/07
CA 2581929 75.00 5/2/92
91012 36
10.25%
NORWOOD NJ
UNKNW 180 2.00 $14,968.21
NJ 2581930 75.00 117 61200.00 5/21/92
07648 38 12:00 AM
10.5%
ASPEN CO 180 $5,000.00
UNKNW 123 2.00 65000.00 11/17/07
CO 2581931 47.00 11/17/92
81612 40
10.5%
NEW ROCHELLE NY 120 $55,935.08
UNKNW 112 0.99 60700.00 12/18/06
NY 2581932 80.00 12/18/96
10805 44
9.49%
ANN ARBOR MI 120 $17,974.03
UNKNW 112 0.99 20000.00 12/10/06
MI 2581933 71.00 12/10/96
48103 36
9.49%
WALLED LAKE MI 120 $14,325.52
UNKNW 112 1.99 14500.00 12/10/06
MI 2581934 88.00 12/10/96
48390 48
10.49%
ROCHESTE NY 120 $31,255.57
UNKNW 113 1.99 31900.00 1/6/07
NY 2581935 90.00 1/6/97
14610 26
10.49%
ATLANTA GA 120 $43,412.72
UNKNW 113 0.99 99000.00 1/14/07
GA 2581936 71.00 1/14/97
30326 37
9.49%
180 MAIN STREET 120 $10,652.43
BRIDGEWATER 112 3.00 10800.00 12/17/06
MA 2581937 90.00 12/17/96
02324 17
11.5%
WHEELING IL 120 $20,348.54
UNKNW 112 1.99 20900.00 12/12/06
IL 2581938 90.00 12/12/96
60090 42
10.49%
TOLEDO OH 120 $28,977.73
UNKNW 112 1.99 29400.00 12/27/06
OH 2581939 90.00 12/27/96
43615 42
10.49%
GOLETA CA 120 $28,977.67
UNKNW 112 1.99 29100.00 12/13/06
CA 2581940 90.00 12/13/96
93117 36
10.49%
NASHVILL TN
UNKNW 120 1.99 $7,965.84
TN 2581941 90.00 112 15000.00 12/24/96
37211 40 12:00 AM
10.49%
333 RICHARD AVENUE 120 $36,000.00
APT. 112 1.99 36000.00 12/18/06
NY 2581942 90.00 12/18/96
11801 40
10.49%
TIGARD OR 120 $15,664.12
UNKNW 112 0.99 15700.00 12/18/06
OR 2581943 90.00 12/18/96
97224 46
9.49%
250 TENNIS COURT 119 $9,110.00
BELMAR 112 0.99 11800.00 12/27/06
NJ 2581944 80.00 1/17/97
07719 0
9.49%
13415 SW 111 TERRACE 120 $13,801.11
MIAMI 112 1.99 14400.00 12/9/06
FL 2581945 90.00 12/9/96
33186 47
10.49%
ARVADA CO 120 $22,574.90
UNKNW 111 0.99 24000.00 11/7/06
CO 2581946 40.00 11/7/96
80005 27
9.49%
844 FAIRLANE COURT, UNIT #8 120 $42,000.77
SAGINAW 111 1.99 46800.00 11/21/06
MI 2581947 90.00 11/21/96
48609 40
10.49%
2635 NOSTRAND AVENUE #3-H 120 $18,529.62
BROOKLYN 110 0.99 50000.00 10/30/06
FL 2581948 60.00 10/30/96
11210 24
9.49%
HUNTINGT BEACH CA 120 $19,183.19
UNKNW 111 1.99 19500.00 11/13/06
CA 2581949 90.00 11/13/96
92646 45
10.49%
2107 WEST JARVIS #3E 120 $16,101.30
CHICAGO 110 0.99 20000.00 10/31/06
IL 2581950 61.00 10/31/96
60645 19
9.49%
ASPEN CO 120 $49,365.34
UNKNW 110 0.99 50000.00 10/29/06
CO 2581951 44.00 10/29/96
81611 27
9.49%
8765 EASTBROOK CIRCLE
CHAGRIN FALLS 120 0.99 $44,752.22
OH 2581952 80.00 112 46300.00 12/23/96
44023 37 12:00 AM
9.49%
1801 CALIFORNIA AVENUE 118 $89,683.74
SANTA MONICA 111 1.50 100000.00 11/22/06
CA 2581953 80.00 1/16/97
90403 21
10.%
# 214 120 $9,670.71
WYNNEWOOD 112 1.99 10000.00 12/13/06
PA 2581954 88.00 12/13/96
19096 37
10.49%
LAGUNA NIGUEL CA 120 $30,028.56
UNKNW 112 0.99 30000.00 12/3/06
CA 2581955 73.00 12/3/96
92677 44
9.49%
MILFORD MA 120 $14,980.96
UNKNW 111 2.00 26000.00 11/19/06
MA 2581956 68.00 11/19/96
01757 42
10.5%
120 $35,162.45
UNKNW 111 1.99 35900.00 11/22/06
NJ 2581957 90.00 11/22/96
00000 38
10.49%
101 HARRISON STREET, 120 120 $34,900.00
SAN FRANCISCO 109 1.99 34900.00 9/10/06
CA 2581958 90.00 9/10/96
94105 41
10.49%
11407 LAKEVIEW DRIVE 120 $21,962.72
CORAL SPRINGS 109 0.99 26900.00 9/23/06
FL 2581959 80.00 9/23/96
33071 40
9.49%
9177 LAKE PINE DR. 120 $19,005.35
WHITMORE LAKE 109 2.75 20400.00 9/24/06
MI 2581960 90.00 9/24/96
48189 30
11.25%
WATERBUR CT 120 $15,701.41
UNKNW 110 0.99 15800.00 10/28/06
CT 2581961 85.00 10/28/96
06705 52
9.49%
STATEN ISLAND NY 120 $23,200.00
UNKNW 110 1.99 23200.00 10/2/06
NY 2581962 90.00 10/2/96
10305 36
10.49%
8303 N. 61ST PLACE
PARADISE 120 0.99 $42,300.00
CO 2581963 58.00 109 42300.00 9/30/96
85253 42 12:00 AM
9.49%
311 QUEENSBERRY CIRCLE 120 $43,130.11
PITTSBURGH 109 0.99 59600.00 9/20/06
PA 2581964 80.00 9/20/96
15234 21
9.49%
SOUTH GATE CA 120 $19,049.35
UNKNW 110 1.99 19900.00 10/7/06
CA 2581965 90.00 10/7/96
90280 26
10.49%
MAHWAH NJ 120 $55,047.46
UNKNW 111 0.99 100000.00 11/11/06
NJ 2581966 59.00 11/11/96
07430 43
9.49%
13130 HIDEAWAY LANE 120 $56,200.00
DEWITT 110 0.00 56200.00 10/7/06
MI 2581967 90.00 10/7/96
48820 29
8.5%
4406 WILDER ROAD 120 $10,000.00
NAPLES 112 0.99 10000.00 12/31/06
FL 2581968 63.00 12/31/96
34105 47
9.49%
LAKE ORION MI 120 $12,159.44
UNKNW 111 0.99 13400.00 11/13/06
MI 2581969 80.00 11/13/96
48360 13
9.49%
NORTH MIAMI BEACH FL 120 $8,854.14
UNKNW 109 1.99 10100.00 9/18/06
FL 2581970 90.00 9/18/96
33160 43
10.49%
ATLANTA GA 120 $31,500.00
UNKNW 109 0.99 35000.00 9/11/06
GA 2581971 68.00 9/11/96
30342 45
9.49%
490 WESTGATE DRIVE 120 $27,909.45
NORTH EDISON 110 0.99 28000.00 10/23/06
NJ 2581972 80.00 10/23/96
08820 33
9.49%
NOVI MI 120 $2,891.95
UNKNW 109 0.99 22200.00 9/6/06
MI 2581973 80.00 9/6/96
48377 35
9.49%
SAN FRANCISCO CA
UNKNW 120 1.99 $17,708.10
CA 2581974 90.00 108 19100.00 8/22/96
94108 31 12:00 AM
10.49%
214 POND TERRACE 120 $22,681.61
WASHINGTON 111 1.99 25400.00 11/13/06
NJ 2581975 90.00 11/13/96
07675 40
10.49%
SAN DIEGO CA 120 $9,997.42
UNKNW 110 1.99 10000.00 10/3/06
CA 2581976 90.00 10/3/96
92108 44
10.49%
8958 COLLINS AVE. 120 $39,200.64
SURFSIDE 110 0.99 40000.00 10/11/06
FL 2581977 77.00 10/11/96
33154 24
9.49%
WEST BLOOMFIELD MI 120 $36,349.18
UNKNW 110 0.99 36700.00 10/2/06
MI 2581978 90.00 10/2/96
48322 43
9.49%
6400 PACIFIC AVENUE 120 $36,300.00
PLAYA DEL REY 109 1.99 36300.00 9/5/06
CA 2581979 90.00 9/5/96
90293 38
10.49%
BOCA RATON FL 120 $9,512.51
UNKNW 110 0.99 10000.00 10/3/06
FL 2581980 74.00 10/3/96
33434 41
9.49%
IRVINE CA 120 $14,825.99
UNKNW 110 0.99 15000.00 10/15/06
CA 2581981 80.00 10/15/96
92714 45
9.49%
11 PHEASANT LANE 120 $20,275.62
HUCKINS F 109 2.00 40000.00 9/9/06
MA 2581982 64.00 9/9/96
01730 15
10.5%
GLENDALE CA 120 $10,103.25
UNKNW 108 1.99 10200.00 8/29/06
CA 2581983 90.00 8/29/96
91206 29
10.49%
197 B WEST SHORE DRIVE 120 $23,465.12
MARBLEHEAD 108 0.99 25000.00 8/9/06
MA 2581984 63.00 8/9/96
01945 45
9.49%
PASADENA CA
UNKNW 120 1.99 $11,674.56
CA 2581985 90.00 110 22300.00 10/23/96
91101 48 12:00 AM
10.49%
MONTROSE CA 120 $630.14
UNKNW 108 0.99 16700.00 8/8/06
CA 2581986 80.00 8/8/96
91020 37
9.49%
GLENDALE CA 120 $13,259.71
UNKNW 108 0.99 16500.00 8/21/06
CA 2581987 80.00 8/21/96
91202 43
9.49%
671 PANORAMA DRIVE 120 $9,303.35
MOHEGAN LAKE 108 1.99 10000.00 8/30/06
NY 2581988 87.00 8/30/96
10547 45
10.49%
N-5 QUINCY CIRCLE 120 $9,718.15
DAYTON 109 1.99 10000.00 9/13/06
NJ 2581989 86.00 9/13/96
08810 33
10.49%
4626 FOXCHASE DRIVE 120 $26,693.29
WHITE LAKE 108 2.50 27000.00 8/8/06
MI 2581990 90.00 8/8/96
48383 29
11.%
1339 KNOLLCREST CIRCLE 120 $26,469.97
BLOOMFIELD 108 2.50 27000.00 8/19/06
MI 2581991 90.00 8/19/96
48304 48
11.%
ANN ARBOR MI 120 $30,000.00
UNKNW 109 0.99 30000.00 9/4/06
MI 2581992 68.00 9/4/96
48108 19
9.49%
HACKENSA NJ 120 $18,858.19
UNKNW 108 0.99 21200.00 8/26/06
NJ 2581993 80.00 8/26/96
07601 30
9.49%
ARLINGTO VA 120 $19,919.99
UNKNW 106 2.00 20000.00 6/21/06
VA 2581994 80.00 6/21/96
22207 46
10.5%
TRUMBULL CT 120 $16,066.83
UNKNW 108 0.99 25000.00 8/15/06
CT 2581995 61.00 8/15/96
06611 32
9.49%
BARRINGT IL
UNKNW 120 1.99 $30,578.56
IL 2581996 90.00 108 31000.00 8/5/96
60010 35 12:00 AM
10.49%
EAST HANOVER NJ 120 $19,643.85
UNKNW 107 0.99 20000.00 7/31/06
NJ 2581997 78.00 7/31/96
07936 46
9.49%
CHICAGO IL 120 $13,807.38
UNKNW 107 0.99 30000.00 7/9/06
IL 2581998 73.00 7/9/96
60610 43
9.49%
SALT LAKE CITY UT 120 $8,682.98
UNKNW 108 1.99 10000.00 8/29/06
UT 2581999 79.00 8/29/96
84119 36
10.49%
INDIANAP IN 120 $6,571.49
UNKNW 107 0.99 31500.00 7/22/06
IN 2582000 80.00 7/22/96
46219 11
9.49%
GOLDEN CO 120 $2,168.51
UNKNW 107 2.00 14500.00 7/12/06
CO 2582001 80.00 7/12/96
80401 42
10.5%
LAS VEGAS NV 120 $16,837.83
UNKNW 107 0.99 18100.00 7/22/06
NV 2582002 80.00 7/22/96
89103 40
9.49%
WESTCHES IL 120 $26,400.00
UNKNW 107 0.99 30000.00 7/24/06
IL 2582003 64.00 7/24/96
60154 44
9.49%
ARLINGTO HTS IL 120 $13,500.00
UNKNW 108 0.99 14000.00 8/26/06
IL 2582004 80.00 8/26/96
60004 45
9.49%
FORT COLLINS CO 120 $37,246.01
UNKNW 107 2.75 38900.00 7/18/06
CO 2582005 90.00 7/18/96
80525 37
11.25%
BELLEVIL NJ 120 $12,460.01
UNKNW 106 0.99 33800.00 6/13/06
NJ 2582006 80.00 6/13/96
07109 24
9.49%
RENO NV
UNKNW 120 2.75 $18,117.89
NV 2582007 90.00 106 18400.00 6/25/96
89509 31 12:00 AM
11.25%
WASHINGT TOWNSHIP MI 120 $31,714.71
UNKNW 106 2.50 34000.00 6/3/06
MI 2582008 90.00 6/3/96
48094 34
11.%
4142 COVE LANE UNIT A 120 $19,728.59
GLENVIEW 107 1.99 20000.00 7/15/06
IL 2582009 90.00 7/15/96
60025 35
10.49%
HERCULES CA 120 $14,000.00
UNKNW 105 3.00 14000.00 5/31/06
CA 2582010 90.00 5/31/96
94547 43
11.5%
2455 CLAYBORN DRIVE 120 $14,504.85
CHESTERFIELD 107 0.99 30000.00 7/31/06
MO 2582011 80.00 7/31/96
63017 38
9.49%
REDONDO BEACH CA 120 $29,055.45
UNKNW 106 2.50 30500.00 6/6/06
CA 2582012 90.00 6/6/96
90277 42
11.%
SEA RANCH LAKES FL 120 $94,679.29
UNKNW 107 1.50 96000.00 7/8/06
FL 2582013 76.00 7/8/96
33308 25
10.%
CENTERVI OH 120 $19,609.05
UNKNW 106 1.75 20000.00 6/12/06
OH 2582014 63.00 6/12/96
45459 20
10.25%
P O BOX 167 CC 942 120 $148,371.84
ARSINOI MAU 107 1.50 150000.00 7/1/06
CA 2582015 79.00 7/1/96
21231 45
10.%
LAKE FOREST CA 120 $18,034.64
UNKNW 105 2.75 22100.00 5/13/06
CA 2582016 90.00 5/13/96
92630 0
11.25%
UNION CITY CA 120 $18,329.19
UNKNW 107 0.99 28000.00 7/26/06
CA 2582017 85.00 7/26/96
94587 28
9.49%
WHITEHAL MI
UNKNW 120 1.49 $59,158.43
MI 2582018 80.00 106 100000.00 6/3/96
49461 31 12:00 AM
9.99%
SCARBORO ME 120 $3,286.24
UNKNW 109 0.99 50000.00 9/26/06
ME 2582019 75.00 9/26/96
04074 35
9.49%
KALAMAZO MI 120 $42,763.97
UNKNW 106 0.99 43000.00 6/20/06
FL 2582020 75.00 6/20/96
49006 22
9.49%
EDUCATIO DEPT MILLER HALL 120 $29,276.61
VALPARASIO 105 0.99 30000.00 5/20/06
IN 2582021 30.00 5/20/96
46383 0
9.49%
FORT LAUDERDALE FL 120 $10,905.21
UNKNW 107 0.99 11400.00 7/22/06
FL 2582022 85.00 7/22/96
33326 0
9.49%
BOSTON MA 120 $34,808.67
# 105 1.75 43000.00 5/24/06
MA 2582023 80.00 5/24/96
02116 0
10.25%
WATERTOW MA 120 $40,974.97
UNKNW 105 0.99 41100.00 5/6/06
MA 2582024 80.00 5/6/96
02172 0
9.49%
SAN JOSE CA 120 $14,931.45
UNKNW 105 0.99 15000.00 5/13/06
CA 2582025 85.00 5/13/96
95123 0
9.49%
REVERE MA 120 $15,877.96
UNKNW 106 0.99 22000.00 6/5/06
MA 2582026 80.00 6/5/96
02151 0
9.49%
WASHINGT MI 120 $9,921.33
UNKNW 105 1.50 25000.00 5/1/06
MI 2582027 11.00 5/1/96
48094 0
10.%
PLANTATI FL 120 $15,327.28
UNKNW 106 1.99 15500.00 6/26/06
FL 2582028 85.00 6/26/96
33322 44
10.49%
ROYAL OAK MI
UNKNW 120 0.99 $6,578.58
MI 2582029 83.00 106 10000.00 6/13/96
48073 0 12:00 AM
9.49%
MACOMB MI 120 $28,660.56
UNKNW 105 1.50 30000.00 5/29/06
MI 2582030 70.00 5/29/96
48044 41
10.%
MIAMI FL 120 $5,071.15
UNKNW 104 2.00 16200.00 4/29/06
FL 2582031 65.00 4/29/96
33184 0
10.5%
ST. LOUIS MO 120 $1,205.26
UNKNW 103 3.00 10200.00 3/29/06
MO 2582032 81.00 3/29/96
63146 43
11.5%
DALLAS, TX 120 $26,305.12
UNKNW 104 1.75 40000.00 4/18/06
CO 2582033 70.00 4/18/96
75287 27
10.25%
ST. PAUL MN 120 $15,477.56
UNKNW 104 0.99 15500.00 4/30/06
MN 2582034 64.00 4/30/96
55116 43
9.49%
SCHAUMBE IL 120 $25,900.57
UNKNW 104 1.99 26000.00 4/17/06
IL 2582035 88.00 4/17/96
60194 33
10.49%
ANN ARBOR MI 120 $4,531.09
UNKNW 105 0.99 15000.00 5/7/06
MI 2582036 66.00 5/7/96
48108 0
9.49%
PRINCETO NJ 120 $30,796.04
UNKNW 105 1.99 30800.00 5/31/06
NJ 2582037 90.00 5/31/96
08540 38
10.49%
MARGATE NJ 120 $24,800.00
UNKNW 105 0.99 25000.00 5/21/06
NJ 2582038 80.00 5/21/96
08402 39
9.49%
ASPEN CO 120 $36,521.57
UNKNW 104 1.75 65000.00 4/4/06
CO 2582039 80.00 4/4/96
81611 22
10.25%
STATEN ISLAND NY
UNKNW 120 0.99 $47,895.05
NY 2582040 80.00 105 50000.00 5/9/96
10312 31 12:00 AM
9.49%
CHERRY HILL NJ 120 $13,752.89
UNKNW 106 0.99 15000.00 6/4/06
NJ 2582041 79.00 6/4/96
08034 41
9.49%
CHICAGO IL 120 $28,013.70
UNKNW 105 0.99 42000.00 5/10/06
IL 2582042 73.00 5/10/96
60614 44
9.49%
DODGE CITY KS 120 $19,892.41
UNKNW 106 0.99 23000.00 6/18/06
KS 2582043 80.00 6/18/96
67801 44
9.49%
ROCHESTE HILLS MI 120 $13,650.00
UNKNW 98 2.00 25000.00 10/25/05
MI 2582044 75.00 10/25/95
48309 33
10.5%
BLOOMING MN 120 $6,517.76
UNKNW 105 3.00 6600.00 5/17/06
MN 2582045 90.00 5/17/96
55438 44
11.5%
SALISBUR MA 120 $10,530.36
UNKNW 100 2.00 25500.00 12/13/05
MA 2582046 39.00 12/13/95
01952 40
10.5%
MAILBU CA 120 $49,021.88
UNKNW 102 0.99 50000.00 2/2/06
CA 2582047 20.00 2/2/96
90265 40
9.49%
FENTON MI 120 $20,662.27
UNKNW 104 1.75 30000.00 4/2/06
MI 2582048 65.00 4/2/96
48430 43
10.25%
WOOD DALE IL 120 $27,198.54
UNKNW 104 0.99 30000.00 4/12/06
IL 2582049 71.00 4/12/96
60191 37
9.49%
BRIGHTON MI 120 $36,269.95
UNKNW 103 1.50 46000.00 3/11/06
MI 2582050 80.00 3/11/96
48116 44
10.%
MONTROSE NY
UNKNW 120 0.99 $16,623.67
NY 2582051 80.00 105 16800.00 5/1/96
10548 25 12:00 AM
9.49%
FARMINGT HILLS MI 120 $22,930.32
UNKNW 103 1.50 55000.00 3/19/06
MI 2582052 80.00 3/19/96
48336 26
10.%
DAYTON NJ 120 $21,896.70
UNKNW 104 0.99 23700.00 4/10/06
NJ 2582053 80.00 4/10/96
08810 31
9.49%
CHARLOTT NC 120 $13,200.48
UNKNW 104 0.99 15600.00 4/10/06
NC 2582054 80.00 4/10/96
28209 23
9.49%
NAPLES FL 120 $74,576.62
UNKNW 104 1.00 100000.00 4/1/06
FL 2582055 49.00 4/1/96
33999 45
9.5%
INDEPEND TOWNSHI MI 120 $12,773.71
UNKNW 103 2.00 50000.00 3/26/06
MI 2582056 63.00 3/26/96
48346 24
10.5%
SAN FRANCISCO CA 120 $17,179.31
UNKNW 96 2.00 17500.00 8/16/05
CA 2582057 80.00 8/16/95
94107 43
10.5%
LOCKPORT NY 120 $28,094.60
UNKNW 95 1.50 28200.00 7/31/05
NY 2582058 80.00 7/31/95
14094 23
10.%
NEW YORK, NY 120 $24,300.00
UNKNW 96 2.00 25000.00 8/9/05
NY 2582059 78.00 8/9/95
10013 44
10.5%
FARMINGT HILLS MI 120 $85,000.00
UNKNW 95 1.25 86000.00 7/31/05
MI 2582060 90.00 7/31/95
48335 30
9.75%
APPLE VALLEY MN 120 $26,050.00
UNKNW 96 2.50 26100.00 8/25/05
MN 2582061 90.00 8/25/95
55124 31
11.%
MAPLE GLEN PA
UNKNW 120 1.75 $44,774.05
PA 2582062 78.00 97 47000.00 9/18/95
19002 32 12:00 AM
10.25%
TONAWAND NY 120 $89,671.49
UNKNW 99 1.50 96000.00 11/7/05
NY 2582063 80.00 11/7/95
14151 37
10.%
ROCHESTE HILLS MI 120 $9,809.15
UNKNW 100 1.75 10000.00 12/21/05
MI 2582064 80.00 12/21/95
48309 35
10.25%
GRAND BLANC MI 120 $29,500.00
UNKNW 99 2.50 49500.00 11/30/05
MI 2582065 90.00 11/30/95
48439 42
11.%
CHICAGO IL 120 $20,136.16
UNKNW 100 1.50 21000.00 12/8/05
IL 2582066 80.00 12/8/95
60614 31
10.%
EL CAJON CA 120 $15,143.19
UNKNW 99 3.00 15200.00 11/8/05
CA 2582067 90.00 11/8/95
92020 32
11.5%
BILLINGS MT 120 $48,743.85
UNKNW 99 1.75 53600.00 11/7/05
MT 2582068 80.00 11/7/95
59102 38
10.25%
STERLING HEIGHTS MI 120 $21,512.54
UNKNW 98 1.75 24300.00 10/5/05
MI 2582069 80.00 10/5/95
48310 10
10.25%
CLINTON TOWNSHIP, MI. 180 $27,512.83
UNKNW 146 1.50 35000.00 10/14/09
MI 2582070 63.00 10/14/94
48036 45
10.%
ST. JAMES, NY 120 $18,119.19
UNKNW 87 3.00 18000.00 11/30/04
NY 2582071 90.00 11/30/94
11780 36
11.5%
APT. 403 180 $39,200.00
MARCO ISLAND, 148 1.50 40000.00 12/2/09
FL 2582072 48.00 12/2/94
33937 44
10.%
UNIT M-3
JACKSONVILLE 120 1.75 $23,813.30
NC 2582073 20.00 88 25000.00 12/6/94
32256 43 12:00 AM
10.25%
FORT COLLINS, CO 180 $20,040.20
UNKNW 151 1.75 25000.00 3/2/10
CO 2582074 74.00 3/2/95
80525 44
10.25%
CAMPBELL CA 120 $1,091.78
UNKNW 91 3.00 18000.00 3/15/05
CA 2582075 88.00 3/15/95
95008 36
11.5%
HADDONFI , NJ 180 $67,898.36
UNKNW 153 1.50 78000.00 5/2/10
NJ 2582076 65.00 5/2/95
08033 41
10.%
FARMINGT HILLS, MI 120 $10,237.77
UNKNW 94 1.75 31900.00 6/15/05
MI 2582077 80.00 6/15/95
48334 34
10.25%
OAKDALE, MN 120 $9,567.61
UNKNW 94 2.00 25000.00 6/19/05
MN 2582078 49.00 6/19/95
55128 38
10.5%
WOODSBUR MN 120 $23,269.93
UNKNW 95 2.00 26600.00 7/31/05
MN 2582079 80.00 7/31/95
55125 37
10.5%
HOLLIS NH 120 $18,584.20
UNKNW 96 2.00 42600.00 8/7/05
NH 2582080 65.00 8/7/95
03049 25
10.5%
WASHINGT CROSSING PA 120 $30,281.64
UNKNW 96 1.75 32000.00 8/4/05
PA 2582081 80.00 8/4/95
18977 41
10.25%
HAZEL CREST IL 120 $13,888.20
UNKNW 95 2.00 14400.00 7/13/05
IL 2582082 90.00 7/13/95
60429 25
10.5%
HOLMDEL NJ 120 $18,985.48
UNKNW 116 0.99 30000.00 4/23/07
NJ 2582083 79.00 4/23/97
07733 0
7.5%
30628 RAMBLEWOOD
FARMINGTON 120 0.99 $18,121.14
MI 2582084 80.00 116 35000.00 4/23/97
48331 0 12:00 AM
7.5%
1844 CAMINITO ASCUA 120 $19,662.91
LA JOLLA 116 0.99 20000.00 4/25/07
CA 2582085 77.00 4/25/97
92037 0
7.5%
2735 ASPEN RIDGE DR. 120 $30,800.00
ANN ARBOR 116 1.99 30800.00 4/25/07
MI 2582086 90.00 4/25/97
48103 0
7.5%
HASLETT MI 120 $21,873.40
UNKNW 116 0.99 25000.00 4/28/07
MI 2582087 72.00 4/28/97
48840 0
7.5%
DUBLIN CA 120 $13,129.03
UNKNW 116 0.99 15400.00 4/29/07
CA 2582088 80.00 4/30/97
94568 0
7.5%
130 BELLAIRE AVENUE #305 120 $10,915.16
DAYTON 116 0.99 12000.00 4/30/07
OH 2582089 80.00 4/30/97
45420 0
7.5%
CARDIFF BY THE SEA CA 119 $18,700.00
UNKNW 116 1.99 18700.00 4/30/07
CA 2582090 90.00 5/12/97
92007 0
7.5%
18274 BLUE HERON DRIVE W 120 $10,163.82
NORTHVILLE 117 0.99 40000.00 5/13/07
MI 2582091 58.00 5/13/97
48167 0
7.5%
NEW YORK NY 120 $18,887.29
UNKNW 117 1.99 19500.00 5/15/07
NY 2582092 87.00 5/15/97
10017 0
7.5%
LUDLOW VT 120 $48,749.47
UNKNW 117 0.99 51100.00 5/5/07
VT 2582093 80.00 5/5/97
05149 0
7.5%
OAK PARK IL 120 $7,564.58
UNKNW 117 1.99 11700.00 5/15/07
IL 2582094 90.00 5/17/97
60302 0
7.5%
FREEHOLD NJ
UNKNW 120 1.99 $14,000.00
NJ 2582095 90.00 116 14000.00 4/4/97
07728 0 12:00 AM
7.5%
SAN JOSE CA 120 $45,826.26
UNKNW 116 0.99 46100.00 4/7/07
CA 2582096 80.00 4/7/97
95134 0
7.5%
BRIGHTON MI 120 $66,225.54
UNKNW 116 0.99 100000.00 4/10/07
MI 2582097 40.00 4/10/97
48116 0
7.5%
152 MAPLEWOOD COURT 120 $20,712.87
EDISON 116 0.99 25000.00 4/12/07
NJ 2582098 52.00 4/12/97
08820 0
7.5%
6662 ALTA DRIVE 120 $26,000.00
BRIGHTON 116 1.99 26000.00 4/14/07
MI 2582099 90.00 4/14/97
48116 0
7.5%
182 ASTER COURT 120 $26,337.22
WHITEHOUSE 116 1.99 39000.00 4/16/07
NJ 2582100 90.00 4/16/97
08889 0
7.5%
4670 PINE GROVE DRIVE 120 $11,007.36
DELRAY BEACH 116 0.99 12000.00 4/17/07
FL 2582101 73.00 4/17/97
33445 0
7.5%
14 1/2 FAIRVIEW AVENUE 120 $19,000.00
NORWALK 116 1.99 21000.00 4/17/07
CT 2582102 90.00 4/18/97
06850 0
7.5%
TAMPA FL 120 $8,974.03
UNKNW 116 1.99 10000.00 4/17/07
FL 2582103 89.00 4/18/97
33615 0
7.5%
166- A ALTA STREET 120 $19,906.31
ARCADIA 116 0.99 20500.00 4/11/07
CA 2582104 74.00 4/17/97
91006 0
7.5%
MIAMI FL 120 $16,752.40
UNKNW 116 1.99 19000.00 4/21/07
FL 2582105 85.00 4/21/97
33183 0
7.5%
5837 W EVANS DRIVE
GLENDALE 120 0.99 $25,282.00
AZ 2582106 81.00 116 28800.00 4/21/97
85306 0 12:00 AM
7.5%
NORTH WOODSTOCK NH 120 $3,458.35
UNKNW 115 0.99 10500.00 3/4/07
NH 2582107 69.00 3/4/97
03262 20
7.5%
9585 S. CHERRYVALE DR 120 $14,411.73
LITTLETON 115 0.99 14500.00 3/4/07
CO 2582108 75.00 3/4/97
80126 42
7.5%
1331 PARK AVENUE SW, #1408 120 $1,794.22
ALBUQUERQUE 115 0.99 52700.00 3/4/07
NM 2582109 80.00 3/4/97
87102 37
7.5%
5093 LA CUENTA DRIVE 120 $13,489.06
SAN DIEGO 115 1.99 13700.00 3/5/07
CA 2582110 90.00 3/5/97
92124 42
7.5%
INDIALAN FL 120 $8,800.00
UNKNW 115 0.99 14800.00 3/18/07
FL 2582111 80.00 3/18/97
32903 0
7.5%
1659 COVINGTON ROAD 120 $21,293.25
YARDLEY 115 0.99 25000.00 3/21/07
PA 2582112 79.00 3/21/97
19067 0
7.5%
ELMHURST IL 120 $13,046.11
UNKNW 115 0.99 15000.00 3/24/07
IL 2582113 48.00 3/24/97
60126 0
7.5%
7 CAMBRIDGE PARK 120 $46,663.72
FRANKENMUTH 115 0.99 52300.00 3/25/07
MI 2582114 85.00 3/25/97
48734 0
7.5%
25775 LARAMIE DRIVE 120 $31,269.41
NOVI 115 1.99 33900.00 3/28/07
MI 2582115 90.00 3/28/97
48374 0
7.5%
EDISON NJ 120 $23,044.58
UNKNW 115 0.99 30100.00 3/28/07
NJ 2582116 80.00 3/28/97
08820 0
7.5%
53 ALDERWOOD DRIVE
STRATHAM 120 1.99 $29,363.86
NH 2582117 90.00 115 29400.00 3/31/97
03885 0 12:00 AM
7.5%
WALL NJ 120 $23,650.00
UNKNW 116 1.99 23700.00 4/2/07
NJ 2582118 90.00 4/2/97
07719 0
7.5%
526 E. CHURCH STREET 120 $24,132.50
SANTA MARIA 115 0.99 25000.00 3/25/07
CA 2582119 55.00 3/26/97
93454 0
7.5%
63 BERKLEY STREET 120 $15,032.98
TAUNTON 115 0.99 16400.00 3/19/07
MA 2582120 79.00 3/31/97
02780 0
7.5%
3513 NORTH MARSHFIELD 120 $16,500.00
CHICAGO 116 0.99 35000.00 4/4/07
IL 2582121 68.00 4/4/97
60657 0
7.5%
20 GREEN STREET 120 $34,945.84
MILFORD 117 0.99 35000.00 5/15/07
MA 2582122 78.00 5/15/97
01757 0
7.5%
140 BEACHWOOD DRIVE 120 $24,780.35
POTOWOMUT 117 0.99 25000.00 5/6/07
RI 2582123 33.00 5/6/97
02818 0
7.5%
12212 PARADISE VILLAGE 120 $9,663.69
PARKWAY 114 1.99 25700.00 2/11/07
AZ 2582124 90.00 2/11/97
85032 28
7.5%
WOODLAND HILLS CA 120 $34,451.35
UNKNW 114 0.99 35000.00 2/12/07
CA 2582125 68.00 2/12/97
91367 50
7.5%
NEW YORK NY 120 $28,980.66
UNKNW 114 0.99 30000.00 2/14/07
NY 2582126 70.00 2/14/97
10016 39
7.5%
SAN BRUNO CA 120 $29,771.84
UNKNW 114 0.99 50000.00 2/25/07
CA 2582127 56.00 2/25/97
94066 0
7.5%
200 WINSTON DRIVE
CLIFFSIDE PARK 120 1.99 $49,040.56
NJ 2582128 90.00 114 50000.00 2/25/97
07010 41 12:00 AM
7.5%
21310 PARK PLACE 120 $26,459.49
CLINTON 114 0.99 62400.00 2/26/07
MI 2582129 80.00 2/26/97
48038 35
7.5%
BUILDING 6 120 $9,432.56
PLAYA DEL REY 114 0.99 18700.00 2/27/07
CA 2582130 85.00 2/27/97
90293 39
7.5%
LONGHILL ROAD 120 $16,535.99
HIGHLAND MILLS 110 0.00 60000.00 10/16/06
NY 2582131 80.00 10/16/96
10930 31
8.5%
938 & 938.5 ALABAMA STREET 120 $16,694.94
SAN FRANCISCO 112 1.99 16800.00 12/5/06
CA 2582132 85.00 12/5/96
94110 45
10.49%
114 EMERY STREET 120 $19,994.61
PORTLAND 112 0.99 20000.00 12/17/06
ME 2582133 73.00 12/17/96
04102 40
9.49%
BELGRADE ME 120 $18,091.52
UNKNW 111 3.00 18100.00 11/18/06
ME 2582134 90.00 11/18/96
04917 43
11.5%
31 FAIRFIELD STREET 120 $25,426.90
WATERTOWN 111 1.99 27000.00 11/26/06
MA 2582135 83.00 11/26/96
02172 44
10.49%
6744 SHAWNEE ROAD 120 $48,763.65
NORTH 112 0.99 50000.00 12/6/06
NY 2582136 47.00 12/6/96
14120 25
9.49%
35 LAFAYETTE ST. 120 $24,149.38
ARLINGTON 112 3.00 24200.00 12/13/06
MA 2582137 90.00 12/13/96
02174 35
11.5%
425 PLEASANT ST. 120 $27,337.02
MELROSE 112 0.99 40600.00 12/17/06
MA 2582138 80.00 12/17/96
02176 24
9.49%
617-619 W THIRD STREET
HAZLETON 120 3.00 $12,900.00
PA 2582139 90.00 116 12900.00 4/9/97
18201 0 12:00 AM
11.5%
HOWELL MI 180 $27,798.93
UNKNW 98 1.50 32000.00 10/22/05
MI 2582140 76.00 10/22/90
48843 36
10.%
BRONX NY 180 $46,450.37
UNKNW 121 1.75 100000.00 9/10/07
NY 2582141 67.00 9/10/92
10469 42
10.25%
PHILADEL PA 180 $9,618.56
UNKNW 131 2.00 25000.00 7/16/08
PA 2582142 50.00 7/16/93
19111 26
10.5%
SPENCERP NY 180 $16,783.43
UNKNW 136 2.00 25000.00 12/7/08
NY 2582143 56.00 12/7/93
14559 40
10.5%
FRAMINGH MA 120 $1,167.75
UNKNW 108 2.00 13400.00 8/15/06
MA 2582144 80.00 8/15/96
01701 35
10.5%
3128 MASON WAY 120 $28,559.10
MODESTO 108 0.99 33600.00 8/8/06
CA 2582145 80.00 8/8/96
95355 33
9.49%
157 PROSPECT AVENUE 120 $41,074.46
SAN FRANCISCO 108 2.75 50000.00 8/15/06
CA 2582146 87.00 8/15/96
94110 28
11.25%
40 UPLAND ROAD 120 $24,160.95
WINTHROP 108 2.00 29700.00 8/23/06
MA 2582147 80.00 8/23/96
02152 32
10.5%
4564 40TH STREET 120 $36,985.22
SAN DIEGO 109 0.99 46000.00 9/6/06
CA 2582148 80.00 9/6/96
92116 43
9.49%
PEORIA IL 120 $3,972.40
UNKNW 109 0.99 17000.00 9/30/06
IL 2582149 81.00 9/30/96
61603 33
9.49%
39 PLEASANT STREET
LUDLOW 120 0.99 $39,972.65
VT 2582150 61.00 110 40000.00 10/31/96
05149 37 12:00 AM
9.49%
45 COOLIDGE ROAD 120 $14,955.46
SPRINGFIELD 109 2.00 15000.00 9/13/06
VT 2582151 80.00 9/13/96
05156 39
10.5%
BUFFALO NY 120 $16,296.73
UNKNW 110 0.99 50000.00 10/14/06
NY 2582152 75.00 10/14/96
14207 14
9.49%
4625 BRUMMEL ST. 120 $15,543.45
SKOKIE 110 2.00 50000.00 10/16/06
IL 2582153 43.00 10/16/96
60076 42
10.5%
2580 ROBINSON AVENUE 120 $42,925.77
SANTA CLARA 111 0.99 95000.00 11/5/06
CA 2582154 62.00 11/5/96
95051 22
9.49%
101-48 107TH STREET 120 $27,873.16
RICHMOND HILL 110 0.99 28000.00 10/30/06
NY 2582155 85.00 10/30/96
11417 45
9.49%
FELTON CA 120 $15,936.65
UNKNW 105 3.00 34400.00 5/14/06
CA 2582156 90.00 5/14/96
95018 29
11.5%
PATERSON NJ 120 $31,563.11
UNKNW 105 1.75 31600.00 5/30/06
NJ 2582157 76.00 5/30/96
07502 42
10.25%
BROOKLYN NY 120 $15,037.50
UNKNW 105 3.00 15000.00 5/1/06
NY 2582158 90.00 5/1/96
11203 42
11.5%
JERSEY CITY NJ 120 $21,019.38
UNKNW 105 3.00 21000.00 5/14/06
NJ 2582159 87.00 5/14/96
07307 37
11.5%
MALDEN MA 120 $39,970.45
UNKNW 106 1.99 40000.00 6/10/06
MA 2582160 84.00 6/10/96
02148 38
10.49%
JAMAICA PLAIN MA
UNKNW 120 1.75 $45,445.69
MA 2582161 72.00 106 50000.00 6/14/96
02130 41 12:00 AM
10.25%
23525 EMERALD STREET 120 $42,992.36
EUGENE 107 0.99 44000.00 7/10/06
OR 2582162 71.00 7/10/96
97405 44
9.49%
BUFFALO NY 120 $17,963.22
UNKNW 105 1.75 25000.00 5/31/06
NY 2582163 72.00 5/31/96
14221 30
10.25%
CRANFORD NJ 120 $2,909.11
UNKNW 107 1.99 25000.00 7/25/06
NJ 2582164 85.00 7/25/96
07016 34
10.49%
396 TYSENS LANE 120 $43,156.79
STATEN ISLAND 108 0.99 75000.00 8/13/06
NY 2582165 72.00 8/13/96
10306 24
9.49%
SAN FRANCISCO CA 120 $45,999.98
UNKNW 106 2.75 46000.00 6/24/06
CA 2582166 90.00 6/24/96
94114 0
11.25%
UNION CITY NJ 120 $23,374.24
UNKNW 107 0.99 24000.00 7/30/06
NJ 2582167 75.00 7/30/96
07087 43
9.49%
62 SECOND STREET 120 $9,795.95
GENESEO 108 0.99 32500.00 8/12/06
NY 2582168 80.00 8/12/96
14454 28
9.49%
3139 28TH AVENUE SOUTH 120 $36,498.41
MINNEAPOLIS 115 0.99 42000.00 3/3/07
MN 2582169 57.00 3/3/97
55406 37
7.5%
BERGENFI NJ 120 $16,229.81
UNKNW 115 1.99 27000.00 3/6/07
NJ 2582170 83.00 3/6/97
07621 35
7.5%
1717 S 700 EAST 120 $16,493.48
MARION 115 0.99 30000.00 3/31/07
IN 2582171 50.00 3/31/97
46953 0
7.5%
510 DONALD DRIVE
HAMILTON 120 1.99 $40,651.30
NJ 2582172 90.00 116 41000.00 4/2/97
08619 0 12:00 AM
7.5%
125 BRACEWELL AVENUE 120 $12,465.71
NORTH ADAMS 116 1.99 13100.00 4/16/07
MA 2582173 90.00 4/16/97
01247 0
7.5%
151 WHITTIER LANE 120 $26,305.56
HAYWARD 117 0.99 55000.00 5/6/07
CA 2582174 75.00 5/9/97
94544 0
7.5%
41 SPRUCE STREET 120 $22,336.60
ELMWOOD PARK 117 0.99 30000.00 5/9/07
NJ 2582175 80.00 5/9/97
07407 0
7.5%
MINNEAPO MN 120 $19,950.81
UNKNW 117 1.99 27300.00 5/6/07
MN 2582176 90.00 5/6/97
55408 0
7.5%
RR 1 BOX 187 RIVER ROAD 120 $22,659.93
PORT LEYDEN 117 0.99 22900.00 5/15/07
NY 2582177 80.00 5/15/97
13433 0
7.5%
SANTA CLARA, CA. 180 $19,073.63
UNKNW 148 2.00 25000.00 12/13/09
CA 2582178 70.00 12/13/94
95050 41
10.5%
CHICAGO, IL 180 $27,800.00
UNKNW 149 2.00 30000.00 1/10/10
IL 2582179 25.00 1/10/95
60618 19
10.5%
CLIFFSID PARK, NJ 180 $64,217.52
UNKNW 152 1.50 70000.00 4/3/10
NJ 2582180 75.00 4/3/95
07010 44
10.%
EL SORBRANTE, CA 120 $26,441.67
UNKNW 93 1.75 50000.00 5/10/05
CA 2582181 50.00 5/10/95
94803 43
10.25%
DETROIT, MI. 120 $35,882.79
UNKNW 94 1.50 36000.00 6/14/05
MI 2582182 80.00 6/14/95
48267 27
10.%
NEWARK NJ
UNKNW 120 2.00 $25,000.00
NJ 2582183 51.00 102 25000.00 2/23/96
07106 40 12:00 AM
10.5%
NEWARK DE 120 $29,989.00
UNKNW 104 0.99 30000.00 4/11/06
PA 2582184 79.00 4/11/96
19714 16
9.49%
CARLSTAD NJ 120 $24,675.99
UNKNW 104 0.99 25000.00 4/5/06
NJ 2582185 50.00 4/5/96
07072 44
9.49%
WATERTOW NY 120 $8,044.07
UNKNW 105 0.99 30000.00 5/16/06
NY 2582186 74.00 5/16/96
13601 27
9.49%
RIVER EDGE NJ 120 $14,860.93
UNKNW 103 2.00 16000.00 3/12/06
NJ 2582187 80.00 3/12/96
07661 44
10.5%
PATERSON NJ 120 $14,195.24
UNKNW 104 2.00 15000.00 4/5/06
NJ 2582188 80.00 4/5/96
07513 32
10.5%
6269 GC MARGRATEN 120 $9,943.17
UNKNW 105 3.00 10000.00 5/6/06
IA 2582189 85.00 5/6/96
00000 40
11.5%
EAST ORANGE NJ 120 $19,543.12
UNKNW 104 2.00 20000.00 4/26/06
NJ 2582190 27.00 4/26/96
07017 44
10.5%
CARDIFF CA 120 $49,198.65
UNKNW 104 2.75 50000.00 4/15/06
CA 2582191 90.00 4/15/96
92007 47
11.25%
PROVIDEN RI 120 $22,775.49
UNKNW 104 0.99 22900.00 4/25/06
RI 2582192 80.00 4/25/96
02908 45
9.49%
PHILADEL PA 120 $11,213.08
UNKNW 105 0.99 12000.00 5/30/06
PA 2582193 78.00 5/30/96
19146 41
9.49%
WILOWSPR IL
UNKNW 180 1.75 $15,793.27
IL 2582194 75.00 135 68500.00 11/13/93
60480 22 12:00 AM
10.25%
CARMEL IN 180 $10,055.02
UNKNW 135 2.00 62500.00 11/12/08
IN 2582195 74.00 11/12/93
46032 31
10.5%
2582196
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<PAGE>
-2-
EXHIBIT 2
OFFICER'S CERTIFICATE
I, _______________, hereby certify that I am the duly elected
_____________________ of GMAC Mortgage Corporation ("Designated Seller") a
corporation organized under the laws of the State of ________, and further
certify as follows:
1. Attached hereto as Exhibit A is a true and correct copy of
the Charter and By-laws of the Designated Seller, all of which are in
full force and effect on the date hereof. Attached hereto as Exhibit B
is a Certificate of Good Standing, dated __________. No event has
occurred since _________ which has affected the good standing of the
Designated Seller under the laws of the State of ________.
2. There are no actions, suits or proceedings pending or
threatened against or affecting the Designated Seller which if
adversely determined, individually or in the aggregate, would
materially adversely affect the Designated Seller's obligations under
the Designated Seller's Agreement dated _____________________ __, 1997
between the Designated Seller and Residential Funding Mortgage
Securities II, Inc. (the "Purchaser"), or the Underwriting Agreement
dated _________________________ __, 1997 among the Designated Seller,
the Purchaser and ___________________ (collectively, the "Agreements").
3. Each person who, as an officer or representative of the
Designated Seller, signed the Agreements and any other document
delivered prior hereto or on the date hereof in connection with the
transactions described in the Agreements was, at the respective times
of such signing and delivery, and is now, duly elected or appointed,
qualified and acting as such officer or representative, and the
signatures of such persons appearing on such documents are their
genuine signatures.
4. All of the Designated Seller's representations and
warranties contained in the Agreements are true and correct as of the
respective dates thereof and are true and correct in all material
respects as of the Closing Date, and no event of default in the
performance of any of the Designated Seller's covenants or agreements
under the Agreements has occurred and is continuing, nor has an event
occurred which with the passage of time or notice or both would become
such an event of default.
5. With respect to its transfer of the Mortgage Loans and the
transactions contemplated by the Agreements, the Designated Seller has
complied in all respects with all the agreements by which it is bound
and has satisfied in all respects all the conditions on its part to be
performed or satisfied prior to the Closing Date.
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<PAGE>
-3-
6. The statements contained in the Prospectus Supplement dated
August__, 1997 under the caption "Description of the Mortgage Pool" to
the extent such statements are based upon information regarding the
Mortgage Loans (as defined in the Designated Seller's Agreement) and
under the captions ["Servicing of Revolving Credit Loans--Delinquency
and Loss Experience of the Master Servicer's Portfolio," "Description
of the Servicing Agreement--The Master Servicer" and in the subsections
entitled "Master Servicer" and "The Mortgage Pool" under the caption
entitled "Summary"] or elsewhere in the Prospectus Supplement with
respect to the subjects discussed under such captions furnished or
approved by the Designated Seller is true and accurate in all material
respects and does not contain any untrue statement of a material fact
or omit to state a material fact necessary to make the statements
therein not misleading.
7. Attached hereto as Exhibit C is a certified true copy of
the resolutions of the Board of Directors of the Designated Seller with
respect to the sale of the Mortgage Loans subject to the Agreements,
and the same are in full force and effect and have not been revoked,
repealed or amended.
8. Attached hereto as Exhibit D is a true and complete copy of each
certificate or other evidence of merger or change of name, signed or stamped by
the applicable regulatory authority.
9. The representations and warranties contained in paragraph
(b) of Section 4 of the Designated Seller's Agreement are true and
correct as of the Closing Date and the Designated Seller's obligations
to cure any breaches thereof and to repurchase or effect substitution
of any Mortgage Loan as to which such breaches are not cured as
described in such exhibits are enforceable against the Designated
Seller in accordance with its terms (subject to bankruptcy insolvency,
reorganization, receivership or moratorium, other similar laws
effecting the rights of creditors generally and by general equity
principles). The Designated Seller acknowledges and consents to the
assignment pursuant to the Designated Seller's Agreement of such
representations and warranties and related rights to the Owner Trustee
for the benefit of Certificateholders.
IN WITNESS WHEREOF, I have hereunto signed my name and affixed the seal
of the Designated Seller.
Dated: _________________, 1997
Name:
Title:
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<PAGE>
-4-
I, , a [Assistant] Secretary of , hereby certify that
_______________________ is the duly elected, qualified and acting
________________ of the Designated Seller and that the signature appearing above
is [her] [his] genuine signature.
IN WITNESS WHEREOF, I have hereunto signed my name.
Dated: _________________, 1997
Name:
Title: [Assistant] Secretary
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
-1-
EXHIBIT 3
RESOLUTION
[To be supplied by __________________________________.]
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<PAGE>
-1-
EXHIBIT 4
August __, 1997
Residential Funding Mortgage
Securities II, Inc.
8400 Normandale Lake Boulevard
Minneapolis, Minnesota 55432
Standard & Poor's Ratings Services
26 Broadway - 10th Floor
New York, New York 10004
Moody's Investors Service, Inc.
99 Church Street
New York, New York 10007
Re: Home Equity Loan-Backed Term Notes
Series 1997-GMACM4
Dear Sirs:
I have acted as counsel to GMAC Mortgage Corporation (the "Designated
Seller"), a ________ corporation, in connection with the execution and delivery
by the Designated Seller of the Designated Seller's Agreement ("Designated
Seller's Agreement") between the Designated Seller and Residential Funding
Mortgage Securities II, Inc. (the "Purchaser") dated as of
___________________________ __, 1997 and the Underwriting Agreement
("Underwriting Agreement") among the Designated Seller, the Purchaser,
____________________________ and ___________________ dated as of
_______________________ __, 1997. The Designated Seller's Agreement and the
Underwriting Agreement are collectively referred to as the "Agreements". This
opinion is being delivered to you pursuant to Section 6.02(g) of the Designated
Seller's Agreement. Capitalized terms used but not defined herein shall have the
meanings ascribed to them in the Agreements.
As to matters of fact material to this opinion, I have relied, without
independent investigation, on (i) the representations and warranties of the
Designated Seller in the Agreements, (ii) relevant resolutions of the Board of
Directors of the Designated Seller and
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
-2-
certificates of responsible officers of the Designated Seller and (iii)
certificates of public officials.
I have examined and relied on originals or copies, certified or
otherwise identified to my satisfaction, of the certificate of incorporation and
by-laws of the Designated Seller, records of proceedings taken by the Designated
Seller and such other corporate documents and records of the Designated Seller,
and have made such other investigations, as I have deemed relevant or necessary
for the purpose of this opinion. I have assumed, without independent
investigation, the genuineness of all signatures, the authenticity of all
documents submitted to me as originals and the conformity to original documents
of all documents submitted to me as certified, conformed or reproduction copies.
Based on the foregoing, I am of the opinion that:
1. The Designated Seller is a corporation validly existing and in good
standing under the laws of the State of ________ and is duly authorized and has
full power and authority to transact the business contemplated by the
Agreements, and to execute, deliver and comply with its obligations under the
Agreements, the execution, delivery and performance of which have been duly
authorized by all necessary corporate action on the part of the Designated
Seller.
2. The Designated Seller has the full power and authority and legal
right to own the Mortgage Loans and to transfer and convey the Mortgage Loans to
the Purchaser and has the power to engage in the transactions contemplated by
the Agreements and all requisite power, authority and legal right to execute and
deliver the Agreements and to perform and observe the terms and conditions of
such instruments.
3. The execution and delivery of the Agreements by the Designated
Seller and the Designated Seller's performance and compliance with the terms of
the Agreements do not (a) violate the Designated Seller's certificate of
incorporation or by-laws, (b) violate any ________ or federal law or regulation
or, to the best of my knowledge, any administrative decree or order known to me
to which the Designated Seller is subject or (c) to the best of my knowledge,
constitute a default (or an event which, with notice or lapse of time, or both,
would constitute a default) under, or result in the breach of, any material
contract, agreement or other instrument known to me to which the Designated
Seller is a party or by which it is bound or to which any of its assets are
subject, which violation, default or breach would materially and adversely
affect the Designated Seller's ability to perform its obligations under the
Agreements.
4. Each of the Agreements constitute, assuming due authorization,
execution and delivery by the other parties thereto, the valid and binding
obligation of the Designated Seller enforceable against the Designated Seller in
accordance with its terms, except as enforcement may be limited by (a)
bankruptcy, insolvency, reorganization, moratorium or other laws affecting the
enforcement of creditors' rights in general, (b) general equity principles
(regardless of whether such enforcement is considered in a proceeding in equity
or at law) and (c)
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
-3-
limitations of public policy under applicable securities laws as to rights of
indemnity and contribution thereunder.
5. No consent, approval, authorization or order of any court or
governmental agency or body is required for the execution, delivery and
performance by the Designated Seller of the Agreements or the consummation of
the transactions contemplated by the Agreements except for such consents,
approvals, authorizations and orders (if any) that have been obtained.
6. To the best of my current actual knowledge, there are no actions,
proceedings or investigations pending or threatened against the Designated
Seller before any court, administrative agency or other tribunal (i) asserting
the invalidity of the Agreements, (ii) seeking to prevent the consummation of
any of the transactions contemplated in the Agreements, or (iii) which might
materially and adversely affect the performance by the Designated Seller of its
obligations under, or the validity or enforceability of, the Agreements.
I do not purport to be an expert on, or to express any opinion
concerning, any law other than the law of the State of New York and the federal
law of the United States of America.
This opinion is being delivered only to the parties to which
it is addressed, and is not to be used, quoted or relied upon by anyone other
than such parties.
Very truly yours,
------------------------------
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
-1-
EXHIBIT 5
FORM OF UNDERWRITING AGREEMENT
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
-2-
- ------------------ COMPARISON OF HEADERS ------------------
- -HEADER 1-
Page
- -HEADER 2-
- -v-
- ------------------ COMPARISON OF FOOTERS ------------------
- -FOOTER 1-
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- -FOOTER 2-
- -i-
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
-3-
- ------------------ DELETIONS ------------------
{1} and, (iv) approximately 19% are secured by real property improved by
manufactured housing
[TPW: NY01:0343093.05] 16069-00000 08/26/97 12:25PM
<PAGE>
[TPW: NY01:0601664.01] 16069-00406 08/27/97 9:04PM
<PAGE>
EXHIBITS
(Intentionally Omitted)
[TPW: NY01:0601664.01] 16069-00406 08/27/97 9:04PM
<PAGE>
