ASSET-BACKED FINANCING FACILITY
ADVANTA BANK CORP.
MONTHLY SERVICER CERTIFICATE
COLLECTION PERIOD: SEPTEMBER 1, 2002 - SEPTEMBER 30, 2002
SETTLEMENT DATE: 15-OCT-02
A. SERIES INFORMATION:
Advanta Equipment Leasing Receivables Series 2000-1 LLC
SERIES 2000-1
I. AGGREGATE CONTRACT PRINCIPAL BALANCE:
(a.) Beginning Aggregate Contract Principal Balance ................................................... $ 95,972,449.10
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(b.) Contract Principal Balance of all Collections allocable to Contracts ............................. $ 6,370,186.06
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(c.) Contract Principal Balance of Charged-Off Contracts .............................................. $ 526,136.62
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(d.) Ending Aggregate Contract Principal Balance of all Contracts as of this Settlement Date .......... $ 89,076,126.42
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BALANCES ON THIS PAYMENT DATE: (AFTER PRINCIPAL PAYMENTS MADE FOR THIS RELATED COLLECTION PERIOD)
(e.) Class A Principal Balance as of this
Settlement Date (Class A Note Factor) 0.1265031 $ 41,641,904.02
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(e1.) Ending Class A-1 Principal Balance 0.0000000 $ 0.00
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(e2.) Ending Class A-2 Principal Balance 0.0000000 $ --
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(e3.) Ending Class A-3 Principal Balance 0.4920873 $ 41,641,904.02
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(f.) Ending Class B Principal Balance as of this
Settlement Date (Class B Note Factor) 0.1791867 $ 5,055,752.46
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(g.) Ending Class C Principal Balance as of this
Settlement Date (Class C Note Factor) 0.1789575 $ 3,366,191.00
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(h.) Ending Class D Principal Balance as of this
Settlement Date (Class D Note Factor) 0.1786361 $ 1,680,072.81
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(i.) Ending Class E Principal Balance as of this
Settlement Date (Class E Note Factor) 0.3136376 $ 7,374,248.05
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(j.) Ending Class F Principal Balance as of this
Settlement Date (Class F Note Factor) 0.1894219 $ 11,580,213.84
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(k.) Excess Aggregate Contract Principal Balance over the sum of the Class A through F
Principal Balances $ 18,377,744.24
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II. COMPLIANCE RATIOS:
(a.) Aggregate Contract Balance Remaining ("CBR") of all Contracts .................................... $ 97,178,880.98
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(b.) CBR of Contracts 1 - 30 days delinquent .......................................................... $ 11,872,618.89
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(c.) % of Delinquent Contracts 1- 30 days as of the related Calculation Date ......................... 12.22%
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(d.) CBR of Contracts 31 - 60 days delinquent ......................................................... $ 3,537,874.25
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(e.) % of Delinquent Contracts 31- 60 days as of the related Calculation Date ........................ 3.64%
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(f.) CBR of Contracts 61 - 90 days delinquent ......................................................... $ 1,630,627.10
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(g.) % of Delinquent Contracts 61- 90 days as of the related Calculation Date ........................ 1.68%
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(h.) CBR of Contracts > 91 days delinquent ............................................................ $ 1,649,946.47
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(i.) % of Delinquent Contracts > 91 days as of the related Calculation Date .......................... 1.70%
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(j1.) % of Delinquent Contracts 31 days or more as of the related Calculation Date ..................... 7.02%
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(j2.) Month 2: Aug-02 ................................................................ 6.40%
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(j3.) Month 3: Jul-02 ................................................................ 6.55%
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(j4.) Three month rolling average % of Delinquent Contracts 31 days or more ............................ 6.66%
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(k1.) Net Charge-Off % for the related Collection Period (annualized 30/360) ........................... 2.64%
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(k2.) Month 2: Aug-02 ................................................................ 2.63%
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(k3.) Month 3: Jul-02 ................................................................ 4.41%
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(k4.) Three month rolling average % for Defaulted Contracts ............................................ 3.23%
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(l1.) Cumulative Net Loss Percentage ................................................................... 7.2246%
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(l2.) Does the Cumulative Net Loss % exceed ............................................................
(l3.) The Loss Trigger Level % from Beginning Period to and including 12th Collection Period? Y or N ... N/A
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(l4.) The Loss Trigger Level % from 13th Collection Period to and including 24th Collection
Period? Y or N ................................................................................... N/A
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(l5.) The Loss Trigger Level % from 25th Collection Period and thereafter ? Y or N .................... NO
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(m5.) Is there currently a Trigger Event which has not been cured for this payment date Y or N ........ NO
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(m5.) Is there currently an Event of Default for this payment date Y or N ............................ NO
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III.FLOW OF FUNDS:
(1.) The amount on deposit in Available Funds ......................................................... $ 7,665,377.01
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(2.) Amounts deposited, if any, by the Servicer to the Collection Account for contracts repurchased ... $ --
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(3.) Total deposits in the Collection Account to be used as available funds on this Payment Date (1+2) $ 7,665,377.01
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(4.) Funds to the servicer, any Excluded Amounts-Residual Receipts .................................... $ 282,473.99
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(a.) To the Trustee, trustee fees and expenses subject to an annual limit ............................. --
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(b.) To the Servicer, any unrecoverable servicer advances / initial unpaid balance amounts ............ $ --
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(c.) To the Servicer, the servicing fee then due and miscellaneous amounts, if any .................... $ 79,977.04
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TO SERIES 2000-1 NOTEHOLDERS INCLUDING RETAINED INTEREST HOLDERS: INTEREST
(d.) To Class A, the total Class A Note Interest for the related interest accrual period .............. $ 287,121.08
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Interest on Class A-1 Notes ...................... $ --
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Interest on Class A-2 Notes ...................... $ --
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Interest on Class A-3 Notes ...................... $ 287,121.08
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(e.) Interest on Class B Notes for the related interest accrual period ................................ $ 34,502.09
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(f.) Interest on Class C Notes for the related interest accrual period ................................ $ 23,354.06
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(g.) Interest on Class D Notes for the related interest accrual period ................................ $ 12,158.24
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CLASS E INTEREST:
(h1.) After the Class E Notes Interest Commencement Date, then Interest on Class E Notes for
the related interest ............................................................................. --
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accrual period to be paid to the Class E Noteholder ..............................................
(h2.) Prior to the Class E Notes Interest Commencement Date, then amount in (h1) from above to be
paid as additional principal pro rata among the Class A, Class B,
Class C and Class D Notes .......................................... $ 73,387.26
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TO SERIES 2000-1 NOTEHOLDERS INCLUDING RETAINED INTEREST HOLDERS: PRINCIPAL
(i1.) Class A percentage ................................................. 0.699999
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(i2.) To Class A, amount from reserve account, if any ....................
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(i3.) To Class A, the Class A overdue principal, if any .................. --
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(i4.) To Class A, the Class A monthly principal payment amount ........... $ 4,827,418.98
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(i5.) To Class A, the additional principal, if any, allocable from
Class E interest amount ............................................ $ 59,413.27
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(i6.) To Class A, the additional principal, if any, allocable from
Class F floor amount ............................................... --
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(i7.) Total principal payment to Class A (i2-i6) ........................ $ 4,886,832.25
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(i8.) ................. Principal payment to Class A-1 Noteholders ..................................... $ --
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(i9.) ................. Principal payment to Class A-2 Noteholders ..................................... $ --
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(i10.) ................. Principal payment to Class A-3 Noteholders ..................................... $ 4,886,832.25
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(j1.) Class B percentage ................................................. 0.0599996
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(j2.) To Class B, amount from reserve account, if any .................... --
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(j3.) To Class B, the Class B overdue principal, if any ..................
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(j4.) To Class B, the Class B monthly principal payment amount ........... $ 413,776.60
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(j5.) To Class B, the additional principal, if any, allocable from
Class E interest amount ............................................ $ 6,993.06
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(j6.) To Class B, the additional principal, if any, allocable from
Class F floor amount ............................................... --
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(j7.) Total principal payment to Class B Noteholders (j2-j6) ........................................... $ 420,769.66
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(k1.) Class C percentage ................................................. 0.0399997
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(j2.) To Class C, amount from reserve account, if any .................... --
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(k3.) To Class C, the Class C overdue principal, if any .................. 0.00
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(k4.) To Class C, the Class C monthly principal payment amount ........... $ 275,850.84
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(k5.) To Class C, the additional principal, if any, allocable from
Class E interest amount ............................................ $ 4,656.53
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(k6.) To Class C, the additional principal, if any, allocable from
Class F floor amount ............................................... --
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</Table>
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(k7.) Total principal payment to Class C Noteholders (k2-k6) ........................................... $ 280,507.37
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(l1.) Class D percentage ................................................. 0.0199999
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(l2.) To Class D, amount from reserve account, if any .................... --
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(l3.) To Class D, the Class D overdue principal, if any .................. 0.00
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(l4.) To Class D, the Class D monthly principal payment amount ........... $ 137,925.76
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(l5.) To Class D, the additional principal, if any, allocable from
Class E interest amount ............................................ $ 2,324.40
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(l6.) To Class D, the additional principal, if any, allocable from
Class F floor amount ............................................... --
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(l7.) Total principal payment to Class D Noteholders (l2-l6) ........................................... $ 140,250.16
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(m1.) Class E percentage ................................................. 0.0499986
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(m2.) To Class E, amount from reserve account, if any ....................
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(m3.) To Class E, the Class E overdue principal, if any .................. 872,624.60
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(m4.) To Class E, the Class E monthly principal payment amount ........... $ 344,806.48
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(m5.) To Class E, the additional principal, if any, allocable
from Class F floor amount .......................................... --
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(m6.) Total principal payment to Class E Noteholders (m2-m5) ........................................... $ 1,217,431.08
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TO THE RESERVE ACCOUNT :
(4.) The amount, if any, needed to maintain the amount in the reserve account at the required
reserve amount ................................................................................... $ --
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CLASS F PAYMENTS:
(n1.) Sub-Total of funds disbursed through the Reserve Account ........... $ 7,665,377.02
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(n2.) Funds available to be paid to Class F .............................. $ --
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(n3.) Class F percentage ................................................. 0.1300032
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(n4.) Class F floor amount ............................................... $ 9,405,070.31
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(n5.) Class F principal balance before payment of principal on
this payment date .................................................. $ 12,476,757.86
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(n6.) If Funds available to be paid to Class F (n2) is greater than $0, then payment as follows:
(n7.) If principal balance (n5) is greater than Class F floor (n4) then to Class F in an amount equal to
the lesser of (a) Class F monthly principal amount until the Class F principal balance has been
reduced to the Class F floor amount and (b) funds available ..................................... $ --
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(n8.) If Funds available to be paid to Class F (n2) is $0, then no payments to Class F and enter $0 ....
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TO THE TRUSTEE:
(7.) To the Trustee, any fees and expenses not previously paid subject to a limit .....................
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TO THE ISSUERS:
(8.) To the issuers, as owner of the pledged assets, any remaining available funds on deposit in the
collection account after all payments are made above ............................................. $ (0.00)
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IV. SERVICER ADVANCES
(a.) Aggregate amount of Servicer Advances at the beginning of the Collection Period .................. $ 2,135,986.34
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(b.) Servicer Advances reimbursed during the Collection Period ........................................ $ 48,203.74
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(c.) Amount of unreimbursed Service Advances to be reimbursed on the Settlement Date .................. $ --
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(d.) Servicer Advances made during the related Collection Period ...................................... $ 10,946.18
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(e.) Aggregate amount of Servicer Advances at the end of the Collection Period ........................ $ 2,098,728.78
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(f.) Amount of delinquent Scheduled Payments for which Servicer Advances were not made ................ --
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V. RESERVE ACCOUNT
(a.) Amount on deposit at the beginning of the related Collection Period .............................. $ --
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(b.) Reserve Account initial deposit ..................................................................
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(c.) Amount of interest earnings reinvested for the related Monthly Period ............................ $ --
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(d.) Amounts used to cover shortfalls, if any, for the related Collection Period ..................... 0.00
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(e.) Amounts used as required in a Trigger Event , if any, for the related Collection Period ......... $ --
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(f.) Amounts transferred in from the Collection Account, if applicable (line 4) ....................... $ --
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(g.) Interest earnings for the related Monthly Period .................................................
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(h.) Interest earnings withdrawn and included as Available Funds for the related Monthly Period ......
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(i.) Amount on deposit at the end of the related Collection Period .................................... $ --
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(j.) Is the Required Reserve Amount equal to the balance in the Reserve Account as of the related
Collection period ? Y or N ....................................................................... N
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VI. ADVANCE PAYMENTS
(a.) Beginning aggregate Advance Payments ............................................................. $ 1,258,236.99
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(b.) Add: Amount of Advance Payments collected during the related Collection Period .................. $ 1,053,645.38
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(c.) Add: Investment earnings for the related Collection Period ..................................... $ --
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(d.) Less: Amount of Advance Payments withdrawn for deposit into Facility Account ..................... $ 1,035,758.44
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(e.) Ending aggregate Advance Payments ................................................................ $ 1,276,123.93
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ADVANTA BANK CORP., AS SERVICER
BY: /s/ MARK SHAPIRO
TITLE: Asst. V.P. Structured Finance
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DATE: 10/10/02
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