SERVICING RIGHTS PURCHASE AGREEMENT
Among
WILSHIRE CREDIT CORPORATION,
LIFE BANK
and
LIFE FINANCIAL CORPORATION
AS OF JANUARY 31, 2001
SERVICING RIGHTS PURCHASE AGREEMENT
THIS SERVICING RIGHTS PURCHASE AGREEMENT (this "Agreement") is made and
entered into as of January 31, 2001 by and among Life Bank, a federally
chartered savings bank ("Seller"), Life Financial Corporation, a Delaware
corporation ("LFC" and, together with Seller, the "Seller Parties"), and
Wilshire Credit Corporation, a Nevada corporation ("Purchaser").
RECITALS
A. Seller desires to sell and transfer to Purchaser, and Purchaser
desires to acquire from Seller, the servicing rights to certain specified
Mortgage Loans (each as defined below).
B. The purpose of this Agreement is to set forth the terms under which
Purchaser will acquire the Servicing Rights to Mortgage Loans from Seller.
C. LFC owns all the outstanding capital stock of Seller.
NOW, THEREFORE, in consideration of the mutual covenants and conditions
set forth, the parties hereby agree as follows:
AGREEMENT
ARTICLE I. DEFINITIONS
1.1 CERTAIN TERMS USED HEREIN ARE DEFINED IN THIS SECTION OR OTHER
PORTIONS OF THIS AGREEMENT. Each term defined shall have the meaning ascribed to
it unless the context indicates otherwise. The term "including" means "including
without limitation." The following terms as used in this Agreement shall have
the following meaning:
"AFFILIATE" shall mean a Person that directly or indirectly through one
or more intermediaries, controls or is controlled by, or is under common control
with, the Person specified.
"AGGREGATE OUTSTANDING PRINCIPAL BALANCE" shall mean, as of any date of
determination, the aggregate Outstanding Principal Balance of all Mortgage Loans
for which the Servicing Rights will be conveyed to Purchaser as of the Cut-Off
Date.
"ANCILLARY INCOME" shall mean all ancillary income related to or due
under the terms of the Mortgage Loans and collected from the Borrower, including
without limitation, assumption fees, late charges, bad check charges,
telefacsimile fees, commissions on optional insurance premiums, administrative
fees, processing fees, property inspection fees, and prepayment penalties.
"Ancillary Loan Schedule" shall mean a loan schedule setting forth the
following information with respect to each Mortgage Loan as of December 31,
2000: (i) the Seller's Mortgage Loan identifying number; (ii) the primary
Borrower's name; (iii) the complete address of the Mortgaged Property including
the city, state and zip code; (iv) the Outstanding Principal Balance thereof;
(v) the Loan-to-Value Ratio, if
available; (vi) the Combined Loan-to-Value Ratio, if available; (vii) the
Mortgage Interest Rate as of the Cut-Off Date; (viii) the stated maturity date
of the Mortgage Loan; (ix) the due date for payments thereon; (x) the property
types, if available, and lien position of the Mortgage based upon the
information contained in the related Mortgage Loan File; (xi) a code indicating
whether a prepayment charge is applicable to such Mortgage Loan; (xii) the due
date of the Mortgage Loan after the most recent payment has been applied and
(xiii) whether such Mortgage Loan is a balloon loan.
"APPRAISED VALUE" shall mean the value set forth in an appraisal or
other indication of value made in connection with the origination or Seller's
acquisition of the related Mortgage Loan as the value of the related Mortgaged
Property.
"ASSIGNMENT OF MORTGAGE" shall mean an assignment of the Mortgage,
notice of transfer or equivalent instrument in recordable form to the current
applicable Investor at the time of the original sale to the Investor, sufficient
under the laws of the jurisdiction wherein the related Mortgaged Property is
located to reflect the sale of the Mortgage to an Investor.
"BEST EFFORTS" shall mean efforts which are reasonably diligent;
provided, however, that such efforts do not require Seller or Purchaser, as the
case may be, to enter into any litigation, arbitration or other legal or
quasi-legal proceeding, nor do they require Seller or Purchaser, as the case may
be, to advance or expend fees or sums of money except to the extent specifically
set forth in this Agreement.
"BORROWER" shall mean the Person, or Persons, if more than one,
obligated to make payments under the Mortgage Note or any guaranty relating
thereto, the mortgagors, trustors of trust deeds and deeds of trust, and the
grantors of any security deeds relating to the Mortgage Loans.
"BUSINESS DAY" shall mean any day other than (i) a Saturday or Sunday,
or (ii) a day on which banking and savings and loan institutions, in the State
of California or Oregon are authorized or obligated by law or executive order to
be closed.
"CLOSING DATE" shall mean the later of January 31, 2001 or the date
when all Investor consents required hereunder are obtained, other than the
consents of RFC, FNMA and FHLMC.
"COMBINED LOAN-TO-VALUE RATIO" shall mean, with respect to any Mortgage
Loan that is not in a first lien position with respect to the related Mortgaged
Property, the ratio (expressed as a percentage) of (x) the sum of the (i)
outstanding principal amount of the Mortgage Loan as of the Sale Date and (ii)
the outstanding principal amount of other senior liens on the related Mortgaged
Property as of the time of the origination of the Mortgage Loan to (y) the
lesser of (i) the Appraised Value of the Mortgaged Property and (ii) if the
Mortgage Loan was made to finance the acquisition of the related Mortgaged
Property, the purchase price of the Mortgaged Property.
"CORPORATE ADVANCES" shall mean any and all monies advanced or incurred
by Seller from its own funds for the payment of property insurance, taxes,
property preservation, property maintenance, attorneys' fees and disbursements,
advances to senior lienholders and principal and interest advances for
remittances on schedule/schedule or schedule/actual Mortgage Loan remittances to
the extent not offset by funds in applicable custodial accounts.
"CRANSTON-GONZALEZ ACT" shall mean the Cranston-Gonzalez National
Affordable Housing Act of 1990, as amended from time to time.
"CUSTODIAL AGREEMENT" shall mean those agreements governing the
retention of the originals of each Mortgage Note, Mortgage, Assignment of
Mortgage and other Mortgage Loan Instruments between Seller and one or more
Investors, including without limitation, any related fee agreement, all as
listed on EXHIBIT D attached hereto.
"CUT-OFF DATE" shall mean the close of business December 31, 2000 and
the date on which all activity as to payment of amounts applicable to the
Servicing Rights shall be deemed to have ceased for Seller's benefit and to have
commenced for Purchaser's benefit.
"DEED" shall mean a special or limited warranty deed, with respect to
Foreclosed Property, or its equivalent under the law of the state where the
Foreclosed Property is located.
"DUE DATE" shall mean the day of the month on which the Monthly Payment
is due on a Mortgage Loan.
"ESCROW ACCOUNT" shall mean an escrow or impound account maintained for
the deposit of Escrow Funds received in respect of one or more Mortgage Loans.
"FHLMC" shall mean the Federal Home Loan Mortgage Corporation.
"FNMA" shall mean the Federal National Mortgage Association.
"ESCROW FUNDS" shall mean any and all Borrower monies held in escrow or
impound for the payment of taxes, insurance, private mortgage insurance,
attorneys fees or any other purpose in connection with the Mortgage Loans.
"FORECLOSED PROPERTY" shall mean real property formerly securing a
Borrower's obligation under a mortgage loan serviced by Seller as a result of
some legal action or proceeding against a Borrower.
"INSURANCE PROCEEDS" shall mean the insurance proceeds paid to a
Borrower as reimbursement for a loss sustained on Mortgaged Property and held by
Seller on behalf of such Borrower pending repair or reconstruction of the
Mortgaged Property.
"INTERIM SERVICER" shall mean Seller, in its capacity as servicer of
the Mortgage Loans from the Cut-Off Date through the Transfer Date.
"INTERIM SERVICING PERIOD" shall mean that period which begins on the
Cut-Off Date and ends on the Transfer Date, unless extended by agreement between
the parties.
"INVESTOR" shall mean any owner, purchaser or beneficiary of a Mortgage
Loan (including a trustee) and/or any proceeds thereof, or any interest in such
Mortgage Loan.
"INVESTOR CONSENTS" shall mean all necessary approvals or consents of
Investors required to consummate transfer of the Servicing Rights as
contemplated by this Agreement.
"INVESTOR REQUIREMENTS" shall mean the applicable written rules,
regulations, directives and instructions of an Investor, if any, other than the
Mortgage Servicing Agreements or Consent Agreements, listed in EXHIBIT B.
"LEGAL CLAIMS" shall mean any litigation, arbitration, mediation or
similar proceedings or any written claim of Borrower arising in connection with
any Mortgage Loan.
"LOAN POOL" shall mean a group of Mortgage Loans that is serviced for
an Investor by the Seller or that collateralizes one or more classes of
securities which is considered to be aggregated for the purposes of servicing.
"LOAN-TO-VALUE RATIO" shall mean, with respect to any Mortgage Loan
that is in a first lien position with respect to the related Mortgaged Property,
the ratio (expressed as a percentage) of the outstanding principal amount of the
Mortgage Loan as of the Sale Date to the lesser of (i) the Appraised Value of
the Mortgaged Property and (ii) if the Mortgage Loan was made to finance the
acquisition of the related Mortgaged Property, the purchase price of the
Mortgaged Property.
"MI POLICY" shall mean a policy or certificate of primary mortgage
guaranty insurance, lender paid mortgage insurance, borrower paid mortgage
insurance, or pool mortgage insurance.
"MONTHLY PAYMENT" shall mean the scheduled monthly payment of principal
and/or interest, and taxes and insurance, if applicable on a Mortgage Loan.
"MORTGAGE" shall mean, with respect to any Mortgage Loan, the original
or a certified copy of a mortgage, deed of trust or other instrument showing the
recording information thereon purporting to create a first, second, third or
other lien on the related Mortgaged Property including any amendments thereto or
modifications thereof.
"MORTGAGE LOAN(S)" shall mean the loans for which the Servicing Rights
are to be sold to Purchaser hereunder as identified in EXHIBIT A, Schedule of
Mortgage Loans.
"MORTGAGE LOAN FILES" shall mean any and all files, insurance
documents, agreements, books, papers, ledger cards, reports, computer printouts,
imaged documents, magnetic tapes and other documents and records (other than the
Mortgage Loan Instruments) relating to any Mortgage Loan or Mortgage Servicing
Agreements and maintained by Seller. With regard to imaged documents, Seller,
however, only will be required to maintain its current system for at least six
months, will make Seller's software supplier and Seller's Employees reasonably
available to cooperate with Purchaser to convert the documents to Purchaser's
system, but Seller shall not be obligated to spend more than $3,000 in out of
pocket costs for such cooperation. Without limitation the files shall include
all MI insurance policies or certificates, all current hazard insurance
policies, a copy of Seller's master mortgage impairment insurance policy,
current flood insurance policies or evidence that flood insurance is not
required and a copy of the last premium billings for all insurance policies; all
loan collection record files for loans which have been delinquent at any time
including collection correspondence, attorney correspondence and property
inspections; and all records of foreclosure, bankruptcy, assumptions and pay-off
demands.
"MORTGAGE LOAN IN FORECLOSURE" shall mean a Mortgage Loan with respect
to which the Seller has (i) started a proceeding in or out of court to
extinguish all rights, title and interest of the
owner of the Mortgaged Property to satisfy a lien against it; (ii) been served
in such a proceeding by a senior lienholder; or (iii) accelerated the
indebtedness by written notice.
"MORTGAGE INTEREST RATE" shall mean the annual rate of interest
accruing on the outstanding principal of a Mortgage Loan.
"MORTGAGE LOAN INSTRUMENTS" shall mean, with respect to any Mortgage
Loan: (i) the Mortgage Note; (ii) the Mortgage; (iii) any agreement(s) altering,
modifying or assuming the Mortgage Note or Mortgage; (iv) the Assignment of
Mortgage; (v) all recorded intermediate assignments of mortgage made by holders
prior to the current Investor (including any blanket assignments showing
recording thereof); and (vi) the title policy.
"MORTGAGE NOTE" shall mean, with respect to any Mortgage Loan, (i) the
original promissory note or lost note affidavit evidenced by a copy of the
original promissory note executed by a Borrower and evidencing the Borrower's
obligation to make payments of principal and interest, and related obligations,
secured by a Mortgage on the Mortgaged Property, (ii) any amendment or
modification thereto executed by the Borrower, and (iii) original or copies of
all endorsements or note allonges causing a complete chain of title to the
current Investor.
"MORTGAGE SERVICING AGREEMENTS" shall mean all contracts or
arrangements pursuant to which Seller services, subservices or master services
Mortgage Loans as listed in EXHIBIT B.
"MORTGAGED PROPERTY" shall mean, with respect to any Mortgage Loan, the
real property purportedly securing the Borrower's obligations under each
Mortgage Note.
"OUTSTANDING PRINCIPAL BALANCE" shall mean, with respect to a Mortgage
Loan, as of any date of determination, the then principal amount of the related
Mortgage Note LESS all principal payments received on or before such date of
determination not yet applied to the Mortgage Note.
"PERMITTED ENCUMBRANCES" shall mean: (i) covenants, conditions and
restrictions, rights of way, easements and other matters of public record of a
type generally acceptable to lending institutions; and (ii) other matters to
which like properties are commonly subject which do not materially interfere
with the benefits intended to be provided to the Investor.
"PERSON" shall mean any individual, corporation, partnership, limited
liability company, joint venture, association, joint-stock company, trust,
unincorporated organization, government or any agency or political subdivision
thereof.
"PURCHASE PRICE" shall mean the aggregate of the amounts to be paid by
Purchaser to Seller for the Servicing Rights to the Mortgage Loans as set forth
in Section 3.1 of this Agreement.
"PURCHASE PRICE PERCENTAGE" shall mean 1.25%
"SCHEDULE OF MORTGAGE LOANS" shall mean the schedule of Mortgage Loans
listing each Mortgage Loan for which Servicing Rights are to be conveyed by
Seller to Purchaser, attached hereto as EXHIBIT A
"SERVICING FEE" shall mean the compensation which Purchaser shall be
entitled to receive from payments made on the Mortgage Loans for its performance
of servicing.
"SERVICING REQUIREMENTS" shall mean the provisions of the Mortgage
Servicing Agreements and Investor Requirements which are identified on EXHIBIT B
hereto and which set forth the standards and procedures Purchaser shall apply in
its servicing of the Mortgage Loans.
"SERVICING RIGHTS" shall mean, with respect to each Mortgage Loan any
and all of the following: (a) all of Seller's rights and obligations to service
or subservice the Mortgage Loan arising after the Cut-Off Date; (b) all rights
to receive servicing fees, additional servicing compensation (including any
accrued but unpaid Servicing Fees, late fees, assumption fees, penalties or
similar payments with respect to the Mortgage Loan, and any interest income on
any payments or other receipts on or with respect to the Mortgage Loan ),
reimbursements or indemnification for servicing the Mortgage Loan, and any
payments received in respect of the foregoing and proceeds thereof; (c) the
right to collect, hold and disburse escrow payments or other similar payments
with respect to the Mortgage Loans and any amounts actually collected with
respect thereto (in accordance with this Agreement), and to receive interest
income on such amounts to the extent permitted by applicable law; (d) all
accounts and other rights to payment related to any of the property described in
this paragraph; and (e) possession and use of any and all Mortgage Loan Files
pertaining to the Mortgage Loans or pertaining to the past, present or
prospective servicing of the Mortgage Loans.
"TRANSFER DATE" shall mean the date on which actual servicing of the
Servicing Rights is transferred to, and assumed by, Purchaser as follows:
- -------------------------------------------------------------------------------------------------------------------
INVESTOR NAME INVESTOR NUMBER LIFE BANK LIFE BANK TRANSFER DATA TO WFSG
CUTOFF SERVICE RELEASE
- -------------------------------------------------------------------------------------------------------------------
E-Trade 116 2/24/01 2/26/01 3/1/01
- -------------------------------------------------------------------------------------------------------------------
Coastal 126 2/28/01 3/1/01 3/1/01
- -------------------------------------------------------------------------------------------------------------------
FNMA 10 and 11 2/28/01 3/1/01 3/1/01
- -------------------------------------------------------------------------------------------------------------------
Fidelity 188 2/28/01 3/1/01 3/1/01
- -------------------------------------------------------------------------------------------------------------------
Lehman (BC1 & BC3) 124 2/28/01 3/1/01 3/1/01
- -------------------------------------------------------------------------------------------------------------------
RFC 103 2/28/01 3/1/01 3/1/01
- -------------------------------------------------------------------------------------------------------------------
FHLMC 22 3/15/01 3/16/01 3/19/01
- -------------------------------------------------------------------------------------------------------------------
PFF 101 3/16/01 3/17/01 manual 3/19/01
- -------------------------------------------------------------------------------------------------------------------
ARTICLE II. PURCHASE AND SALE
2.1 PURCHASE AND SALE OF SERVICING RIGHTS.
Purchaser hereby purchases from Seller, and Seller hereby sells,
assigns, transfers, conveys and delivers to Purchaser, all rights, title and
interest in and to the Servicing Rights associated with each Mortgage Loan
listed on EXHIBIT A accruing after the Cut-Off Date.
2.2 CONVEYANCE OF SERVICING RIGHTS.
(a) Seller, with the execution and delivery of this Agreement,
hereby assigns, transfers and conveys to Purchaser, and Purchaser assumes, as of
the Cut-Off Date any and all of the Servicing Rights. Seller hereby assigns all
Servicing Rights (including all Servicing Agreements with Investors) to
Purchaser and Purchaser shall execute and deliver any assumption agreements or
supplemental agreements reasonably required by the Servicing Requirements.
(b) On the date of execution of this Agreement, Seller shall
provide Purchaser with the Ancillary Loan Schedule.
(c) On the Closing Date, Seller, at its cost, shall provide
Purchaser with all consents received relating to transfer of the Servicing
Rights to Purchaser, including all required Investor Consents. Each required
Investor Consent shall be reasonably acceptable to Purchaser.
(d) Seller will comply with all Servicing Requirements, if
any, for transferring the note and mortgage or Foreclosed Property to the
Purchaser in connection with the servicing transfer, including without
limitation, any FNMA and FHLMC requirements.
2.3 RECORD TITLE; MORTGAGE LOAN INSTRUMENTS.
(a) Within sixty (60) days of the Closing Date, record title
to each Mortgage and the related Mortgage Note shall be placed in the name of
the Investor or Purchaser. Purchaser shall, with Seller's cooperation, be
responsible for coordinating with FNMA and FHLMC to determine in whose name
title to their Mortgages should be recorded. Seller shall be responsible for the
preparation of (or arranging the preparation of) assignments to the Purchaser
and assignments in blank for the Mortgage Loan Instruments and any other
instruments and documents that are required to be filed in order to transfer
record title of the Mortgage Loans as contemplated hereby. All expenses for
preparing (including notarization) and recording any of the aforementioned
instruments and documents shall be borne by Seller (for which Seller may seek
reimbursement from an Investor if the Investor has agreed to pay such costs).
All documents, however, shall be delivered to Purchaser with the applicable
filing fees, to be sent by Purchaser for recording.
(b) The Mortgage Loan Instruments for each Mortgage Loan shall
include the following documents except as provided in the exception report
attached hereto as EXHIBIT C.
Mortgage Loans:
1. Original Note or lost note affidavit and indemnity.
2. Original endorsement or allonge of note to Investor or blank.
3. Original Mortgage or copy thereof showing the Mortgage to be
recorded with the recording information.
4. Original or copies of all recorded assignments of the Mortgage
showing a clean chain of title to the current Investor or the
Purchaser
5. Original or copy of title policy.
Foreclosed Properties:
1. Judgment of foreclosure.
2. Applicable recorded deed to Investor.
2.4 ASSIGNMENT OF CUSTODIAL AGREEMENTS.
Seller, with the execution and delivery of this Agreement, does hereby
agree to assign, transfer and convey to Purchaser, and Purchaser agrees to
assume, as of the Cut-Off Date any and all of Seller's rights and obligations
under any and all Custodial Agreements arising after the Cut-Off Date. Seller
represents that all Custodial Agreements to which Seller is a signing party for
the Mortgage Loans are listed on Exhibit D and such Custodial Agreements have
not been modified or amended except as provided in EXHIBIT D. Seller shall pay
all fees due, if any, to the Custodian for which Seller is obligated for
services performed before the Transfer Date and Purchaser shall pay all fees, if
any, due the Custodian for which Purchaser is obligated as a servicer for
services performed on or after the Transfer Date.
2.5 TRANSFER OF SERVICING.
(a) TAX SERVICE. For all Mortgage Loans that are, or
originally were, first mortgage loans on the respective Mortgaged Property,
within five (5) Business Days after the Closing Date, Seller shall provide the
Purchaser with "life of loan" transferable Real Estate Tax Service contracts
with First American for all Mortgage Loans (including non-escrowed Mortgage
Loans) or pay the Purchaser a fee of $35 per Mortgage Loan without such tax
contracts.
(b) FLOOD CERTIFICATIONS. Within five (5) Business Days after
the Closing Date Seller shall provide Purchaser with "life of loan" transferable
flood determination/notification services for all Mortgage Loans or pay
Purchaser $25 per Mortgage Loan without such service.
(c) NOTICE, APPROVALS, CONSENTS AND FILINGS.
(i) Prior to the Closing Date Seller shall have
obtained all approvals and consents (other than RFC,
FNMA and FHLMC, which Seller shall obtain at least 16
days prior to the respective Transfer Date), given or
caused to be given notice, and made or caused to have
been made all filings required under applicable law,
regulation or order, insurance policies, Servicing
Requirements or otherwise with respect to the sale
and transfer of the Servicing Rights pursuant to this
Agreement and Purchaser shall exercise commercially
reasonable efforts to provide Seller with information
regarding Purchaser necessary therefor (including
assisting Seller in filling out any applicable
forms). If any approvals cannot be obtained,
Purchaser may terminate this Agreement or may
terminate the purchase of the Mortgages for which
consent is not obtained, and in any event Seller will
reimburse Purchaser $15,000 for its due diligence
costs, unless the failure of obtaining an approval is
because the new servicers is to be the Purchaser.
(ii) On or before that date that is at least 15 days
prior to the Transfer Date for an applicable
Mortgage, Purchaser and Seller shall each be
responsible for their respective requirements for
preparing and mailing, in accordance with the
relevant provisions of the Cranston-Gonzalez Act, to
the Borrower of each Mortgage Loan a letter (in form
and substance reasonably acceptable to Purchaser and
Seller) advising the Borrower of the transfer of the
servicing thereof and the Escrow Account therefor to
Purchaser.
(iii) Prior to the Transfer Date, Seller shall be
responsible for transmitting to any applicable
insurance agencies (including primary mortgage
guaranty insurers, pool mortgage insurers and hazard
and flood insurers) notification of the transfer of
the Servicing Rights to Purchaser and instructions to
deliver all notices and statements, as the case may
be, to Purchaser from and after the Transfer Date.
(iv) All expenses for such mailings, transmissions,
notices, filings and consents and any applicable
transfer fees shall be borne by Seller.
(d) MORTGAGE PAYMENTS RECEIVED PRIOR TO TRANSFER DATE. Seller
shall apply, or cause to be applied, any and all payments (including any and all
Monthly Payments, escrow payments and principal prepayments) received with
respect to each Mortgage Loan prior to the Transfer Date in accordance with the
Mortgage Loan Instruments and the Servicing Requirements.
(e) BOOKS AND RECORDS. On or before the Transfer Date, the
books, records and accounts of Seller and the lender with respect to the related
Servicing Rights and the Mortgage Loans shall be in accordance with all the
Servicing Requirements and generally accepted accounting practices. As of the
Cut-Off Date and the Transfer Date, all Loan Pools will be properly balanced and
fully funded.
(f) PRE-TRANSFER DATE INFORMATION. At least fifteen (15) days
prior to the applicable Transfer Date, Seller shall provide Purchaser with all
information and electronic boarding information reasonably possible to assist
Purchaser to prepare for servicing transfer.
(g) DELIVERY OF FILES. On or prior to FEBRUARY 10, 2001,
Seller shall forward, or cause to be forwarded, at its expense, to Purchaser all
Mortgage Loan Instruments in its possession relating to the FNMA and FHLMC
Mortgage Loans and all documents required therefor under Section 2.3(a). The
Seller, at its expense, shall cause the Purchaser to receive in Portland, Oregon
substantially all of the Mortgage Loan Files and remaining Mortgage Loan
Instruments in Seller's possession or control on the Transfer Date. In addition,
Seller shall provide a reporting of each Investor's custodian, and Seller will
provide Purchaser with any and all exceptions reports received by Seller to
date. If, during the course of any inventory of the Mortgage Loan Files and
Mortgage Loan Instruments, it shall be discovered that the original of any
Mortgage Note (including any original lost note affidavit) is missing, Seller
shall execute and place with the other related Mortgage Loan Instruments a lost
note affidavit and indemnity, in substantially the form attached hereto as
EXHIBIT E.
(h) ESCROW AND OTHER PAYMENTS; CORPORATE ADVANCES. Within
eight (8) Business Days after the Transfer Date, Seller shall transfer to
Purchaser the amount of the Escrow Funds, Servicing Fees, Insurance Proceeds,
impound and suspense balances, buydown funds and all loss draft balances,
unearned fees, principal and interest payments not paid to the applicable
Investor and all other amounts held by Seller with respect to each Mortgage Loan
(net of the Interim Servicing Fee due Seller pursuant to Section 4.1(b) and all
Ancillary Income collected by Seller and allowed to Seller under Section
4.1(b)). Within two (2) Business Days after the Transfer Date, Seller shall
provide Purchaser with an accounting of Escrow Funds, and suspense balances and
loss draft balances sufficient to enable Purchaser to reconcile the amount of
such payment with the account of each Mortgage Loan. Within eight (8) Business
Days after the Transfer Date, Seller and Purchaser shall agree on an accounting
statement of unreimbursed Corporate Advances outstanding as of the Transfer Date
that are contractually recoverable, which shall include details of each advance,
when advanced, and the applicable Mortgage Loan. On the 25th day of each month
Purchaser shall pay to Seller an amount equal to the Corporate Advances for
which Purchaser has received reimbursement for unreimbursed Corporate Advances
listed on the accounting statement during the prior month from the applicable
Borrower
(i) ELECTRONIC TRANSFER OF INFORMATION. On the Transfer Date
and with respect to any information that the Seller has in electronic format,
the Seller shall electronically transfer to the Purchaser all information
reasonably necessary for Purchaser to service the Mortgage Loans. Without
limitation the information shall include
(i) An electronic copy of the trial balance
reports, in a deconversion format, as of the
applicable Transfer Date cut-off which will
include: (a) Seller's Loan numbers; (b)
Investor's Loan numbers; (c) next payment
due dates; (d) unpaid principal balances,
and (e) monthly payment breakdowns,
including principal and interest, tax and
insurance escrows, and mortgage related
optional insurance premiums;
(ii) A CD containing loan information as of
Transfer Date for a tape-to-tape transfer
meeting Purchaser's Servicing system
requirements. (Details to be worked out
before Transfer Date between Seller and
Purchaser.)
(j) INFORMATION TRANSFER. Unless otherwise provided below,
within eight (8) Business Days after the Transfer Date Seller also shall provide
Purchaser with the following:
(i) A copy of the Investor delinquency reports
as of the applicable Transfer Date cut-off;
(ii) Complete "principal & interest" and "tax &
insurance" account bank reconciliations as
of the applicable Transfer Date cut-off;
(iii) Complete Loan histories from the inception
of the Loan to the applicable Transfer Date
cut-off, in electronic form;
(iv) A copy of the last escrow analysis for each
Loan in hard copy or electronic form;
(v) All insurance premium billings theretofore
received by Seller for insurance premiums
due more than thirty (30) days after the
applicable Transfer Date;
(vi) A copy of all tax service contracts
accompanied by a copy of the letter from
Seller requesting assignment of the contract
to Purchaser, including a listing of the
Seller's Loan numbers, matching the
insurer's tax contract numbers and matching
taxing authorities;
(vii) All tax bills theretofore received by Seller
for taxes due more than thirty (30) days
subsequent to the applicable Transfer Date,
with respect to any Loan for which no tax
contract exists; and
(viii) A listing of all Loans on which mortgage
related optional insurance premiums are paid
together with the monthly Loan payment,
which list shall include the amount of each
monthly premium and the name of the
insurance company, agent and/or
representative.
(ix) Copies of all letters from January 1, 2000
to the Transfer Date to Borrowers advising
them of interest rate adjustments under
adjustable rate Mortgage Loans or an
original affidavit specifying a form letter
sent to a Borrower for this purpose, a copy
of the form and the date sent.
(k) RECONCILIATION. Seller shall, within eight (8) Business
Days after the Transfer Date, reconcile all balances and accounts and make any
monetary adjustments reasonably required by Purchaser. Without limitation Seller
shall provide a loan level reconciliation of scheduled balances and advances
(including principal and interest), and all custodial balances in the format of
EXHIBIT F. Any such monetary adjustments will be transferred between Seller and
Purchaser as appropriate.
(l) MORTGAGE PAYMENTS AND SERVICING FEES RECEIVED AFTER
TRANSFER DATE. Within one (1) Business Day after receipt thereof, Seller, at its
expense, shall forward to Purchaser by one-day overnight mail any and all
payments and Servicing Fees received by it after the Transfer Date with respect
to the Mortgage Loans.
(m) MISAPPLIED PAYMENTS. Misapplied payments shall be
processed as follows:
(i) The parties shall cooperate in correcting
misapplication errors;
(ii) The party receiving notice of misapplied
payment occurring prior to the Transfer Date
and discovered after the Transfer Date shall
immediately notify the other party and shall
accompany such notification with a copy of
the applicable cancelled check or similar
supporting documentation (unless the other
party is the party that has access to such
documentation);
(iii) If a misapplied payment which occurred prior
to the Transfer Date cannot be identified
and such misapplied payment has resulted in
a shortage in a Custodial Account or Escrow
Account, Seller shall be liable for the
amount of such shortage, provided Purchaser
provides Seller reasonable evidence that
Seller received such payment or Seller's
records reasonably provide such evidence.
Seller shall reimburse Purchaser for the
amount of such shortage after receipt of a
written demand, accompanied by a notice
therefor from Purchaser;
(iv) If a payment was misapplied prior to the
Transfer Date and has created an inaccuracy
in the Purchase Price paid as the result of
an inaccurate outstanding principal balance
of a Mortgage Loan, a check shall be issued
to the party shorted by the improper payment
application after notice thereof from the
other party;
(v) Any check issued pursuant to this Section
shall be accompanied by a statement
indicating the corresponding Seller and/or
the Purchaser Mortgage Loan identification
number and an explanation of the allocation
of any such payments; and
(vi) Seller shall advance funds to reconcile any
misapplied payment occurring prior to the
Transfer Date brought to Seller's attention
that cannot be reconciled within twenty (20)
days after notification in the case of a
shortage to a Borrower's loan account
status.
(n) NSF CHECKS. If a payment which was tendered prior to the
Transfer Date is returned unhonored by the Borrower's bank, the parties will
cooperate in identifying and debiting the appropriate loan account. The
Purchaser will be responsible for collecting said funds from the Borrower.
(o) IRS FORMS. If permitted by applicable law, Purchaser shall
file all Internal Revenue Service Forms 1098 and 1099(a) or (c), where
applicable, which are required by the Internal Revenue Service to be filed as a
result of events occurring after the Transfer Date, not later than the date on
which such forms are required by law to be filed in relation to the servicing
and ownership of the Mortgage Loans. Seller shall cooperate with Purchaser as
reasonably requested in the preparation of such forms. Seller shall similarly
file all such forms which are required by the Internal Revenue Service to be
filed as a result of events occurring prior to the Transfer Date when such
filings are required.
2.6 PENDING LEGAL CLAIMS. With respect to any Mortgage Loan which is,
as of the Sale Date, the subject of Legal Claims, Seller hereby assigns its
claims and rights with respect to such proceedings to Purchaser, effective on
the Cut-Off Date. Purchaser and Seller agree to cooperate and use their Best
Efforts, at Seller's expense, within sixty (60) days after the Closing Date, to
(as applicable): (i) notify the Clerk of the Court and all counsel of record in
each such proceeding of
the transfer (for purposes of collection only) of the Mortgage Loan from Seller
to Purchaser; (ii) file pleadings to relieve Seller's counsel of record from
further responsibility in such proceedings (unless said counsel has agreed to
represent Purchaser in such proceedings at Purchaser's expense); and (iii)
remove Seller as a party in such proceedings and substitute Purchaser as the
party-in-interest, and change the caption thereof accordingly. In connection
therewith, after the Closing Date, Purchaser shall have sole responsibility to
determine the appropriate direction and strategy for all Legal Claims.
2.7 ADJUSTMENTS. Errors or omissions in computing adjustments at the
Cut-Off Date or the Transfer Date shall be corrected within a reasonable time
following the Transfer Date. The party benefiting from the error or omission
shall, after such error or omission is brought to its attention, pay to the
other party an amount sufficient to correct the error.
2.8 RETENTION OF RECORDS. Purchaser, for the benefit of Seller, shall
make available files and other documentation, or imaged copies thereof, as may
be reasonably requested by Seller for the purpose of audits of other federal
requirements. Required retention periods will be per federal regulations.
ARTICLE III. PURCHASE PRICE
3.1 CALCULATION OF THE PURCHASE PRICE. The Purchase Price with respect
to the Servicing Rights shall be an amount equal to (i) the Aggregate
Outstanding Principal Balance as of December 31, 2000 after deducting the amount
of the Outstanding Principal Balance of Mortgage Loans that, as of December 31,
2000, are (a) ninety (90) days or more delinquent; (b) currently the subject of
Legal Claims (other than bankruptcy proceedings); (c) in bankruptcy and as to
which the Borrower has not made the last 2 our of 3 payments due preceding the
Cut-Off Date; and (d) a Mortgage Loan in Foreclosure; multiplied by (ii) the
Purchase Price Percentage.
3.2 PAYMENT OF THE PURCHASE PRICE. Purchaser shall pay to Seller the
Purchase Price as follows:
(a) Ten percent (10%) upon execution of the Agreement which
will be refunded to Purchaser if the Closing Date does not occur prior to
February 9, 2001.
(b) Twenty percent (20%) on the Closing Date.
(c) Forty percent (40%) on the Transfer Date.
(d) Twenty percent (20%) no later than five (5) days after the
Seller has received 95% of the documents required by Sections 2.3, 2.4, and 2.5,
and otherwise substantially complied with the other performance requirements of
such sections.
(e) Five percent (5%) on the earlier of (i) 30 days after
payment under 3.2(d) above and (ii) the date the Seller has delivered (a) all
outstanding mortgage documents (b) all outstanding Mortgage Files, (c) all
trailing Mortgage Loan Instruments and documents required by Section 2.3, and
(d) sufficient documentation that allows Purchaser to reconcile all accounting
matters (the "Holdback Items").
(f) Five percent (5%) on the date the Seller has delivered all
the Holdback Items.
(g) The Purchaser may withhold any amounts owed to the Seller
and may set off any funds in the Purchaser's possession against the Seller's
outstanding obligations under the Agreement.
ARTICLE IV. SERVICING OF THE MORTGAGE LOANS
4.1 INTERIM SERVICING.
(a) SELLER TO ACT AS INTERIM SERVICER. From the Cut-Off Date
until the Transfer Date, Seller shall service the Mortgage Loans, or cause them
to be serviced: (a) in compliance with the Mortgage Loan documentation and all
applicable laws and regulations, insurer requirements and Servicing
Requirements; and (b) with the customary and usual standards of Seller prior to
the Closing Date. From the date of this Agreement until the Transfer Date,
Seller shall not foreclose, modify or compromise any of the Mortgage Loans
without the written consent of Purchaser. In its capacity as Interim Servicer,
Seller shall make any and all remittances to Investors, as appropriate, in
accordance with the related Servicing Requirements and the terms of any
tri-party agreements which may be entered into by and among Seller, Purchaser
and any Investor. With respect to such tri-party agreements, if any, Seller
shall use its Best Efforts to assure that the related Investor acquiesces to
such interim servicing by Seller. Prior to the Transfer Date, Seller shall pay
all amounts of Corporate Advances (other than monthly premiums due for private
mortgage insurance) and other invoices related to servicing the Mortgage Loans,
that will come due within 45 days of the Transfer Date if Seller has received an
invoice for such amount prior to the Transfer Date, provided, however, Seller
shall only have to pay insurance premium billings and taxes due within thirty
(30) days of the Transfer Date. Within five (5) Business Days after
reconciliation of Corporate Advances after the last Transfer Date, Purchaser
shall reimburse Seller for Corporate Advances and such other invoices made after
December 31, 2000.
(b) INTERIM SERVICING FEE. In its capacity as Interim
Servicer, Seller shall be entitled to receive from Purchaser, with respect to
the Mortgage Loans serviced by Seller on behalf of Purchaser pursuant to this
Section 4.1, a servicing fee in an amount equal to: (i) Eight Dollars ($8.00)
per Mortgage Loan as of the first day of each month for each month of the
Interim Servicing Period, with the fee to be prorated for the actual number of
days elapsed for the months in which the Interim Servicing Period begins and
ends, if not on the first and last days of such months, respectively; plus (ii)
all Ancillary Income collected relating to such Mortgage Loans other than
prepayment fees. Prior to transmitting Servicing Fees to Purchaser pursuant to
Section 2.5, Seller may deduct the interim servicing fee and such Ancillary
Income due to Seller pursuant to this Section 4.1(b).
4.2 NO SOLICITATIONS. Seller Parties shall not directly or indirectly
solicit a refinance of any Mortgage Loan, nor will Seller Parties directly or
indirectly assist or be employed by or participate with any other Person in
soliciting a refinance of a Mortgage Loan or otherwise solicit a mortgagor or
borrower in connection with any mortgage loan. Seller Parties shall not directly
or indirectly solicit an Investor with respect to the Servicing Rights, nor will
Seller Parties directly or indirectly assist or be employed by or participate
with any other Person in soliciting the
Servicing Rights or otherwise solicit a mortgagor in connection with the
Servicing Rights. For purposes of this prohibition, advertising directed to the
general public, including mass mailings based upon commercially acquired mailing
lists shall not be deemed a solicitation prohibited hereby.
4.3 LIMITED POWER OF ATTORNEY. Upon expiration of the Interim Servicing
Period, Seller hereby irrevocably appoints Purchaser, or its assigns, its
limited attorney-in-fact with full power of substitution for, and on behalf of
Seller, and in its name, to endorse any checks, instruments or other papers; to
complete, execute, deliver and record any assignment; to take all necessary and
appropriate action in its name with respect to any Servicing Rights transferred
to Purchaser hereunder; and to sign Seller's name wherever appropriate relating
to the Servicing Rights in connection with the power granted by this Section. On
the transfer date, Seller will provide Purchaser with 50 original signed copies
of a power of attorney in the form of EXHIBIT G. This limited power of attorney
is solely intended to transact business related to Purchaser's ownership of the
Servicing Rights.
4.4 CUSTODIANSHIP. Seller, from the date of this Agreement until actual
delivery to Purchaser, shall hold the Servicing Rights and all proceeds thereof
received after the Cut-Off Date in trust for Purchaser pursuant to this
Agreement.
ARTICLE V. REPRESENTATIONS AND WARRANTIES
5.1 REPRESENTATIONS AND WARRANTIES OF PURCHASER.
Purchaser hereby makes the following representations and warranties to
each Seller Party as of the date of this Agreement:
(a) Purchaser is a corporation duly organized, validly
existing and in good standing under the laws of the State of Nevada, and has all
material licenses necessary to carry on its business as now being conducted and
is licensed, qualified and in good standing in each state where a Mortgaged
Property is located if the laws of such state require licensing or qualification
in order to conduct business of the type conducted by Purchaser and Purchaser's
ownership of the Servicing Rights purchased by it hereunder, or is otherwise
exempt under applicable law from such licensing or qualification. Purchaser is
an approved FNMA/FHLMC servicer.
(b) Purchaser has all requisite corporate power and authority
to execute, deliver and perform this Agreement. All necessary corporate action
has been taken to authorize Purchaser, and the officers or representatives
acting on Purchaser's behalf, to execute, deliver and perform Purchaser's
obligations under this Agreement.
(c) The execution and delivery of this Agreement by Purchaser,
and the performance by Purchaser of its obligations hereunder, do not and will
not conflict with or result in, as the case may be, a breach of any of the terms
of Purchaser's charter or bylaws or any provisions of any law, order, writ,
judgment, injunction or decree to which Purchaser or its property is subject.
(d) Purchaser has duly executed and delivered this Agreement;
and this Agreement, assuming the due authorization, execution and delivery
hereof by each Seller Party, constitutes a legal, valid and binding obligation
of Purchaser enforceable against Purchaser
according to its terms, except as such enforcement may be limited by bankruptcy,
reorganization, insolvency, receivership, moratorium or other laws relating to
the rights of creditors generally, and by general equity principles and public
policy (regardless of whether such enforcement is considered in a proceeding in
equity or at law).
(e) Purchaser has available to it all funds necessary to
satisfy all of its obligations hereunder, including the obligation to purchase
the Servicing Rights pursuant to this Agreement on the terms and conditions set
forth herein.
5.2 REPRESENTATIONS AND WARRANTIES OF SELLER - GENERAL. Seller hereby
represents and warrants to and covenants with Purchaser, as of the date of this
Agreement and as of the Closing Date and as of the Transfer Date, as follows:
(a) Seller is a federal savings bank duly organized and
validly existing in good standing under the laws of the United States, and has
all material licenses necessary to carry on its business as now being conducted
and is licensed, qualified and in good standing in each state where a Mortgaged
Property is located if the laws of such state require licensing or qualification
in order to conduct business of the type conducted by Seller, or is otherwise
exempt under applicable law from such licensing or qualification.
(b) Seller has all requisite corporate power and authority to
execute, deliver and perform its obligation under this Agreement. All necessary
corporate action has been taken to authorize Seller, and the officers or
representatives acting on its behalf, to execute, deliver and perform Seller's
obligations under this Agreement.
(c) The execution and delivery of this Agreement by Seller,
and the performance by it of its obligations hereunder, do not and will not
conflict with or result in, as the case may be, a breach of any of the terms of
Seller's certificate of incorporation or bylaws or any provisions of any law,
order, writ, judgment, injunction or decree to which Seller or its property is
subject.
(d) The execution and delivery of this Agreement by Seller,
and the performance by it of its obligations hereunder, do not and will not
conflict with or result in, as the case may be, a breach of any of the terms of
or constitute a default under any material indenture or loan or credit agreement
or any other material agreement or instrument to which Seller is a party or by
which it or its property may be affected.
(e) Seller has duly executed and delivered this Agreement; and
this Agreement, assuming the due authorization, execution and delivery hereof by
Purchaser, constitutes a legal, valid and binding obligation of Seller
enforceable against Seller according to its terms, except as such enforcement
may be limited by bankruptcy, reorganization, insolvency, receivership,
moratorium or other laws relating to the rights of creditors generally, and by
general equity principles and public policy (regardless of whether such
enforcement is commenced in a proceeding in equity or at law).
(f) No consent, approval, authorization or order of any
Person is required for the execution, delivery and performance by Seller of or
compliance by Seller with this Agreement, the sale of the Servicing Rights to
Purchaser or the consummation of the other
transactions contemplated by this Agreement except for those Persons from whom
consents will have been obtained and provided to Purchaser prior to the Closing
Date.
5.3 REPRESENTATIONS AND WARRANTIES OF SELLER AS TO EACH MORTGAGE LOAN.
(a) Seller represents and warrants to Purchaser as of the date of this Agreement
and as of the Transfer Date with respect to each Mortgage Loan as to which the
Servicing Rights are purchased by Purchaser:
(a) The information set forth on EXHIBIT A and the Ancillary
Loan Schedule is true and correct in all material respects as of the date
specified thereon. The Mortgage Loan balance does not include any capitalized
advances or other amounts.
(b) As of the Closing Date Seller is the sole owner of the
Servicing Rights for such Mortgage Loan. The Servicing Rights have not been
assigned or pledged, and Seller has marketable title to the Servicing Rights,
and has full right to transfer and sell the Servicing Rights to Purchaser free
and clear of any lien, encumbrance, pledge or charge, and has full right and
authority subject to no interest, or agreement with, any other party, to sell
and assign the Servicing Rights pursuant to this Agreement, and after the
transfer and sale of Servicing Rights to Purchaser, Purchaser will have
marketable title to the Servicing Rights free and clear of any lien,
encumbrance, pledge or charge.
(c) The related Mortgage Note, related Mortgage and other
agreements executed in connection therewith are genuine and each is the legal,
valid and binding obligation of the maker thereof, enforceable against such
maker in accordance with its terms except as such enforcement may be limited by
bankruptcy, insolvency, reorganization or other similar laws affecting the
enforcement of creditors' rights generally and by general equity principles and
public policy (regardless of whether such enforcement is considered in a
proceeding in equity or at law).
(d) Neither Seller, nor to Seller's knowledge any holder or
prior servicer of the Mortgage Loan, has modified the related Mortgage or
Mortgage Note in any material respect, or satisfied, canceled or subordinated so
as to materially affect the value of the underlying collateral such Mortgage or
Mortgage Note, in whole or in part, or released all or any material portion of
the Mortgaged Property from the lien of the Mortgage, or executed any instrument
of release, cancellation or satisfaction.
(e) No right of rescission, set off, counterclaim, or defense,
including the defense of usury, has been asserted in writing in respect of the
Mortgage Loan by or on behalf of the applicable Borrower.
(f) Each Mortgage Loan has been serviced, collected and
otherwise dealt with in compliance with all federal and state laws and
regulations, including the Truth in Lending Act (TIL), the Real Estate
Settlement and Procedures Act (RESPA), the Equal Credit Opportunity Act (ECOA),
and applicable debt collection acts and no Borrower has any claim, defense,
set-off or counterclaim arising from acts or omissions of Seller or of prior
servicers, including any claims arising from the placement of forced placed
insurance.
(g) The Mortgage Loan has closed and the proceeds of the
Mortgage Loan have been fully disbursed, and there is no requirement for future
advances thereunder.
(h) If the Mortgage Loan provides for Escrow Accounts, all
Escrow Funds information (as disclosed or contained in the Mortgage Loan Files)
with respect to such Mortgage Loan, including balances and disbursements, is
true and correct in all material respects.
(i) Neither credit life nor disability insurance is required
as a part of the Mortgage Loan and, to Seller's knowledge, no such insurance is
included as part of the amount financed of such Mortgage Loan.
(j) Seller and any prior servicer of the Mortgage Loan have
complied in all material respects with applicable federal, state and local law
regarding mortgagors' rights and the commencement and prosecution of foreclosure
proceedings.
(k) Seller has performed all material obligations to be
performed by it under any Servicing Requirements. Seller has serviced the
Mortgage Loan and has kept and maintained books and records in connection
therewith, all in material accordance with Servicing Requirements, and Seller
has remitted to each Investor all distributions to which it is entitled under
the relevant Servicing Requirements. Without limitation all adjustable rate
Mortgage Loans have been adjusted correctly. There are no shortages in any
shortage/surplus account for FHMA or FHLMC Loan Pools. Seller has complied with
all representations and warranties it has made to any Investor as servicer of
the Mortgage Loans as of the date of such representations and warranties.
(l) All waivers, consents, estoppels and approvals of
Investors required in connection with the transactions contemplated in this
Agreement have been obtained.
(m) Seller has complied with all material obligations under
the Custodial Agreements and Servicing Requirements in respect thereof,
including the payment of any and all fees due and payable to the Custodians.
(n) Except as disclosed in Schedule 5, under the Servicing
Rights, Purchaser will not be subject to liability or recourse by Investors for
losses in connection with the liquidation of a Mortgage Loan, Borrower defaults
or repurchase obligations upon the occurrence of non-payment or other events.
Seller Parties, jointly and severally, will be responsible for such liability or
recourse arising from Seller's origination of any Mortgage Loans.
(o) If included in a Loan Pool, the Mortgage Loan meets all
eligibility requirements for inclusion in such Loan Pool. The Servicing Rights
in respect of each Loan Pool are eligible under applicable law and Servicing
Requirements to be transferred to Purchaser.
(p) Any custodial accounts maintained pursuant to a Custodial
Agreement and Escrow Account in respect of such Mortgage Loan are maintained by
Seller in accordance with applicable law, the terms of the Mortgage Loans and
the Servicing Requirements related thereto. The Escrow Funds required by the
Mortgage which have been paid to Seller for the account of the Borrower are on
deposit in the appropriate Escrow Account. All funds received by Seller in
connection with the Mortgage Loan have been deposited in the appropriate
custodial account or Escrow Account, and all such funds have been applied to
reduce the principal balance of the Mortgage Loan in question, or for
reimbursement of repairs to the Mortgaged Property or as otherwise required by
applicable law and the Servicing Requirements.
(q) In the event the Mortgage constitutes a deed of trust, a
trustee, duly qualified under applicable law to serve as such, has been properly
designated and currently so serves and is named in the Mortgage, and no fees or
expenses are or will become payable by Purchaser or the related Investor to the
trustee under the deed of trust, except in connection with a trustee's sale
after default by the Borrower.
(r) Seller has complied with all obligations under all
applicable insurance contracts, including any MI Policy and any pool insurance
with respect to, the failure to comply with which would materially and adversely
affect the Mortgage Loans, the Loan Pools and the Servicing Rights, taken as a
whole. Seller has not taken any action or failed to take any action which would
cause the cancellation of or otherwise affect any of such insurance or guaranty
contracts.
(s) To the extent required by each Investor, the Mortgage Loan
is insured by a mortgage insurer acceptable to the applicable Investor as to
payment defaults by a MI Policy. All provisions of such MI Policy have been and
are being complied with and all premiums due thereunder have been paid. If
applicable, the Mortgage Loan subject to a MI Policy obligates the Borrower
thereunder to maintain the MI Policy and to pay all premiums and charges in
connection therewith.
(t) Except as disclosed on Schedule 5, there are no Foreclosed
Properties that Purchaser is required to service under the Mortgage Servicing
Agreements. The Foreclosed Properties disclosed on Schedule 5 are owned by the
applicable Investor as a result of a valid and properly held foreclosure
proceeding.
(u) There are no Servicing Requirements or Custodial
Agreements relating to the Mortgage Loans other than those listed on EXHIBITS B
AND D. The Mortgage Servicing Agreements and Custodial Agreements are in the
form previously delivered to the Purchaser. Seller has provided Purchaser with
all material information that it has regarding the Servicing Rights and that
would affect the value thereof and all such information provided is materially
correct. None of the Servicing Agreements can be terminated without cause.
(v) All Corporate Advances are contractually recoverable from
the Borrower and under the Mortgage Servicing Agreements and no advances are
required to be made except as set forth in the Mortgage Servicing Agreements.
(w) The average mortgage loan balance, the geographic
distribution, the weighted average interest rates, the weighted average
servicing fees, the late fee assessments and collections, the prepayment penalty
information and collections and the delinquency profile regarding the Mortgage
Loans contained in the October 2000 data tape are true and accurate in all
material respects as of the date of such data tape.
(x) Except as noted in the exception report specified in
EXHIBIT C, the Mortgage Loan Instruments include the documents identified in
Section 2.3(b). All the Mortgage Loan Instruments are held by the applicable
Investors or custodians as specified in EXHIBIT C.
(y) Except as disclosed in the exceptions report in Schedule
5, each Mortgage Loan is covered by either: (i) a mortgage title insurance
policy or other generally acceptable form
of insurance policy; or (ii) an attorney's opinion of title, lender's title
policy or binder or other assurance of title that would be acceptable under
applicable law and customary in the relevant jurisdiction. To the extent the
same are transferable, all of Seller's rights under such policies, opinions,
filings or other instruments shall be deemed to be transferred and assigned to
Purchaser upon sale and assignment of the Servicing Rights hereunder.
(z) Except with respect to Mortgage Loans covered by creditor
initiated insurance, the related Mortgaged Property will be covered by a valid
and existing hazard insurance policy with a generally acceptable carrier that
provides for fire and extended coverage representing coverage not less than the
lesser of: (i) the Outstanding Principal Balance of the related Mortgage Loan
(together, with the outstanding principal balance secured by any senior lien)
and (ii) the minimum amount required to compensate for damage or loss of the
Mortgaged Property on a replacement cost basis.
(aa) There is no event of acceleration existing under the
related Mortgage or the related Mortgage Note for which a prudent servicer
servicing in accordance with mortgage loan servicing standards and procedures
generally acceptable to prudent institutional mortgage lenders would institute
foreclosure or other legal proceedings.
(bb) The related Mortgage is a valid and enforceable first,
second, third or other lien on the related Mortgaged Property, as disclosed on
the Schedule of Mortgage Loans, free and clear of all encumbrances and liens
having priority thereover except for: (i) liens for real estate taxes and
special assessments not yet delinquent, where such Loans are impounded for the
payment of such taxes and assessments, and such liens are not more than one year
delinquent where such Loans are not impounded for taxes and assessments. (ii)
covenants, conditions, restrictions, rights of way, easements and other matters
of public record as of the date of recording of such mortgage; (iii) Permitted
Encumbrances; (iv) other matters which do not materially interfere with the
value or benefits of the security intended to be provided by such Mortgage; and
(v) in the case of any Mortgage Loan which the Schedule of Mortgage Loans shows
to be secured by a second, third or other lien, subject only to one or more
senior liens, as applicable, on such Mortgaged Property.
(cc) Seller has no knowledge of the commencement of any
condemnation or eminent domain proceedings affecting any Mortgaged Property.
(dd) Except as disclosed in EXHIBIT A and the Ancillary
Mortgage Schedule, each Mortgage Note provides for a schedule of monthly
payments which are sufficient to amortize fully the principal balance of such
Mortgage Note on or before its maturity date except for the possibility of not
more than two COFI loans.
5.4 REPRESENTATIONS AND WARRANTIES OF LFC. LFC hereby represents and
warrants to and covenants with Purchaser, as of the date of this Agreement and
as of the Closing Date and as of the Transfer Date, as follows:
(a) LFC is a corporation duly organized and validly existing
in good standing under the laws of the State of Delaware, and has all licenses
necessary to carry on its business as now being conducted.
(b) LFC has all requisite corporate power and authority to
execute, deliver and perform its obligation under this Agreement. All necessary
corporate action has been taken to authorize LFC, and the officers or
representatives acting on its behalf, to execute, deliver and perform LFC's
obligations under this Agreement.
(c) The execution and delivery of this Agreement by LFC, and
the performance by it of its obligations hereunder, do not and will not conflict
with or result in, as the case may be, a breach of any of the terms of LFC's
certificate of incorporation or bylaws or any provisions of any applicable law,
order, writ, judgment, injunction or decree to which LFC or its property is
subject.
(d) The execution and delivery of this Agreement by LFC, and
the performance by it of its obligations hereunder, do not and will not conflict
with or result in, as the case may be, a breach of any of the terms of or
constitute a default under any material indenture or loan or credit agreement or
any other material agreement or instrument to which LFC is a party or by which
it or its property may be affected.
(e) LFC has duly executed and delivered this Agreement; and
this Agreement, assuming the due authorization, execution and delivery hereof by
Purchaser, constitutes a legal, valid and binding obligation of LFC enforceable
against LFC according to its terms, except as such enforcement may be limited by
bankruptcy, reorganization, insolvency, receivership, moratorium or other laws
relating to the rights of creditors generally, and by general equity principles
and public policy (regardless of whether such enforcement is commenced in a
proceeding in equity or at law).
(f) No consent, approval, authorization or order of any court
or governmental agency or body is required for the execution, delivery and
performance by LFC of or compliance by LFC with this Agreement or the
performance by LFC of its obligations under this Agreement or, if required, any
such consent, approval, authorization or order has been or will be obtained
prior to the Sale Date.
5.6 BROKERS. Except for listing agreements for Foreclosed Properties in
the similar form and content of Schedule 5.6 attached hereto, no Party has
agreed to pay any fee or commission to any agent, broker, finder, or other
Person for or on account of service rendered as a broker or finder in connection
with this Agreement or the transactions contemplated hereby which would give
rise to any valid claim against the other party for any brokerage commission or
finder's fee or like payment.
ARTICLE VI. INDEMNIFICATION
6.1 SELLER'S OBLIGATION TO INDEMNIFY. From and after the Cut-Off Date,
the Seller Parties hereby jointly and severally agree to be directly liable for
and defend, indemnify, and hold harmless Purchaser and its affiliates, and their
respective employees, agents and representatives (collectively, "Purchaser
Indemnitees"), from and against any and all, liabilities, judgments, damages,
claims, demands, reasonable costs, expenses (including necessary and reasonable
legal fees and expenses) and losses (each, a "Claim") suffered or incurred by
reason of (i) any representation or warranty made by either Seller Party in this
Agreement having been untrue in any material respect when made or deemed made,
(ii) the breach by either Seller Party of any
covenant or agreement made by it herein, or (iii) any act or omission in the
origination or servicing of the Mortgage Loans on or prior to the Transfer Date.
Without limitation, if Purchaser is required to purchase a Mortgage Loan from an
Investor arising from any act or omission prior to the Transfer Date, or if
Purchaser is required to repurchase a Mortgage Loan because of a default under
the Mortgage Loan, Seller Parties will repurchase such Mortgage Loan from
Purchaser, provided that if Purchaser has caused the value or collectability of
the Mortgage Loan to be materially impaired, Seller Parties shall not be
required to repurchase the Mortgage Loan unless the impairment is cured or the
price is reduced to reflect the impaired value or collectability. If Purchaser
does not provide reasonable notice to Seller of any claim, Seller Parties shall
not be obligated to pay Purchaser for costs that reasonably could have been
avoided by Seller had such notice been provided.
6.2 PURCHASER'S OBLIGATION TO INDEMNIFY. From and after the Closing
Date, Purchaser hereby agrees to defend, indemnify, and hold harmless each of
the Seller Parties and their respective affiliates, employees, agents and
representatives (collectively, "Seller Indemnitees"), from and against any and
all Claims suffered or incurred by reason of (i) any representation or warranty
made by Purchaser in this Agreement having been untrue in any material respect
when made or deemed made, (ii) the breach by Purchaser of any covenant or
agreement made by it herein, or (iii) any act or omission in the servicing of
the Mortgage Loans after the Transfer Date. If Seller Parties do not provide
reasonable notice to Purchaser of any claim, Purchaser shall not be obligated to
pay Seller Parties for costs that reasonably could have been avoided by
Purchaser had such notice been provided.
6.3 INDEMNIFICATION FOR THIRD-PARTY CLAIMS. If a claim by a third party
is made against an indemnified party, and if such indemnified party intends to
seek indemnity with respect thereto under this Article VI, such indemnified
party shall promptly notify the indemnifying party in writing of such claims
setting forth such claims in reasonable detail. The indemnifying party shall
have thirty (30) days (or such shorter period required by a third party
claimant) after receipt of such notice to undertake, through counsel of its own
choosing and at its own expense, the settlement or defense thereof, and the
indemnified party shall cooperate with it in connection therewith; PROVIDED,
HOWEVER, that the indemnified party may participate in such settlement or
defense through counsel chosen by such indemnified party, provided that the fees
and expenses of such counsel shall be borne by such party. The indemnified party
shall not pay or settle any claim which the indemnifying party is contesting.
Notwithstanding the foregoing, the indemnified party shall have the right to pay
or settle any such claim, provided that in such event it shall waive any right
to indemnity for the damages incurred by the indemnifying party arising
therefrom. If the indemnifying party does not notify the indemnified party
within thirty (30) days (or such shorter period required by a third party
claimant) after the receipt of the indemnified party's notice of a claim of
indemnity hereunder that it elects to undertake the defense thereof the
indemnified party shall have the right to contest, settle or compromise the
claim but shall not thereby waive any right to indemnity therefor pursuant to
this Agreement.
ARTICLE VII. MISCELLANEOUS PROVISIONS
7.1 EXPENSES. Whether or not the transactions contemplated by this
Agreement are consummated, all legal and other costs and expenses incurred in
connection with this Agreement and the transactions contemplated hereby shall be
paid by the party incurring such costs and expenses, except as expressly
provided otherwise herein.
7.2 COOPERATION. At any time, and from time to time after the date of
this Agreement, upon the reasonable request of either party hereto, and at the
expense of such party, the other party shall do, execute, acknowledge and
deliver, and shall cause to be done, executed, acknowledged and delivered, all
such further acts, deeds, assignments, transfers, conveyances and assurances as
may be reasonably required in order to accomplish the purpose of any provision
hereof, including the assignment of any financing statements, guarantees and the
like.
7.3 NOTICE. Any notice or other communication in this Agreement
provided or permitted to be given by one party to the other must be in writing
and shall be deemed to have been duly given upon receipt after the same is
deposited in the United States mail (certified mail, return receipt requested),
addressed to the other party to be notified, postage prepaid, by confirmed
facsimile transmission. For purposes of this notice, the addresses of the
parties shall be as follows:
Either Seller Party:
Life Bank
10540 Magnolia Avenue
Riverside, CA 92503-1814
Attention: Steve Gardner
Telecopy: (909) 637-4428
With a copy to:
M. Randel Davies
Nebenzahl Kohn Davies & Leff, LLP
10940 Wilshire Boulevard, Suite 1500
Los Angeles, California 90024
Phone: (310) 824-1700
Fax: (310) 824-5676
E-Mail: mrdavies@nkdl.com
Purchaser:
Wilshire Credit Corporation
1776 SW Madison
Portland, OR 97201
Attention: Jay Memmott
Telecopy: (503) 223-8799
With a copy to:
Gary Barnum
Stoel Rives LLP
900 SW 5th Street
Portland, OR 97204
Telecopy: (503) 220-2480
The above addresses may be changed from time to time by written notice
from one party to the other.
7.4 TIME OF ESSENCE. Each party acknowledges that it is relying on the
timely completion of the transactions contemplated hereby and represents that it
is aware of no reason it cannot fully perform its obligation hereunder.
Accordingly, time is of the essence in the performance of the obligations
hereunder.
7.5 SEVERABILITY. If any provision of this Agreement is held to be
invalid or unenforceable under applicable law, such provision shall be
ineffective only to the extent of such invalidity, and neither the remainder of
such provision nor any other provisions of the Agreement shall be affected
thereby.
7.6 RULES OF CONSTRUCTION. The parties hereto agree that they have been
represented by counsel during the negotiation and execution of this Agreement
and, therefore, waive the application of any law, regulation, holding or rule of
construction providing that ambiguities in any agreement or other document will
be construed against the party drafting such agreement or document.
7.7 WAIVERS. No waiver of any term, provision, or condition of this
Agreement, whether by conduct or otherwise, in any one or more instances, shall
be deemed to be, or construed as a further or continuing waiver of any such
term, provision or condition, or any other term, provision or condition of this
Agreement.
7.8 AMENDMENT. Except as otherwise provided, this Agreement shall not
be modified or amended except by written agreement signed on behalf of the
parties hereto by their respective authorized officer.
7.9 CAPTIONS. Paragraph or other headings contained in this Agreement
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.
7.10 COUNTERPARTS. This Agreement may be executed in counterparts, each
of which shall be deemed an original, but all of which together shall constitute
but one and the same instrument. This Agreement and all other documents to be
executed in connection herewith are hereby authorized to be executed and
accepted by facsimile signatures and such facsimile signatures shall be
considered valid and binding as original signatures and may be relied upon by
the parties hereto.
7.11 GOVERNING LAW; ENFORCEMENT. This Agreement shall be construed in
accordance with the laws of the State of Oregon. Any action or proceeding of any
kind brought upon or with respect to this Agreement shall be brought upon in the
appropriate state or federal court located in the State of Oregon and Seller
Parties consent to venue therein.
7.12 WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO KNOWINGLY,
VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY
IN RESPECT OF ANY LITIGATION ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS
AGREEMENT OR ANY EXHIBIT HERETO, OR ANY COURSE OF CONDUCT, COURSE OF DEALING OR
STATEMENTS (WHETHER VERBAL OR WRITTEN) MADE BY THE PARTIES HEREIN.
7.13 LEGAL FEES: In the event of a dispute between Seller and Purchaser
with respect to the terms, provisions, rights, obligations, or other matters
under this Agreement, all costs, expenses and fees, including without limitation
reasonable attorneys fees, of the party prevailing in any corresponding legal
proceeding or arbitration will be made by the other party, unless provided
otherwise in a written agreement between Seller and Purchaser.
7.14 RELATIONSHIP OF THE PARTIES. It is agreed that neither the Seller
Parties nor Purchaser are partners or joint venturers and that neither is agent
for the other, and the parties shall have the status of and shall act in all
matters hereunder as Purchaser and Seller.
7.15 JOINT AND SEVERAL LIABILITY. Seller and LFC shall be jointly and
severally liable for all obligations of Seller under this Agreement. LFC's
liability shall be direct and not a guaranty liability.
7.16 CONFIDENTIALITY. The Purchaser and the Seller shall maintain the
confidentiality of the terms of this Agreement and the privacy of Borrower
information disclosed under this Agreement, except as required to implement the
Agreement, except as required to service the Mortgage Loans, except as required
by law and except that any party may announce the sale using the parties' names,
number of loans, and the Aggregate Outstanding Principal Balance.
7.17 ENTIRE AGREEMENT. This Agreement, the exhibits and schedules
attached hereto, and the documents referred to herein, or executed concurrently
herewith, constitute the entire agreement between the parties hereto with regard
to the subject matter hereof, and there are no prior agreements, understandings,
restrictions, warranties, or representations between the parties with respect
thereto.
IN WITNESS WHEREOF, the parties have executed this agreement on this
date first above written. The signatories hereto represent that they are duly
authorized to execute this
Agreement on behalf of the party for whom they sign and such party shall be
bound by this Agreement.
SELLER: Life Bank
By:
-------------------------------------
Name:
-----------------------------------
Its:
------------------------------------
LFC: Life Financial Corporation
By:
-------------------------------------
Name:
-----------------------------------
Its:
------------------------------------
PURCHASER: Wilshire Credit Corporation
By:
-------------------------------------
Name:
-----------------------------------
Its:
------------------------------------
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
EXHIBIT B
MORTGAGE SERVICING AGREEMENTS
COASTAL BANC SSB: Agreement dated February 19, 1999
Agreement dated March 9, 1999
Agreement dated May 24, 1999
Agreement dated May 25, 1999
LEHMAN BROTHERS: Agreement dated May 21, 1999 as reconstituted on
January 1, 2000, along with the Loss Mitigation
Advisory Agreement dated February 9, 2000.
FIDELITY BANK: Agreement dated June 1, 2000
E-TRADE BANK Agreement dated May 20, 1996
PFF BANK & TRUST: Agreement dated June 17, 1994
RFC: Per the terms of the RFC Servicing Guide
FNMA: Per the terms of the FNMA Servicing Guide
FHLMC: Per the terms of the FHLMC Servicing Guide
EXHIBIT C
MORTGAGE LOAN INSTRUMENTS EXCEPTION REPORT
AND LOCATION OF MORTGAGE LOAN INSTRUMENTS
FHLMC EXCEPTION REPORT PER CUSTODIAN TO DATE
- --------------------------------------------
Life Bank Loan POOLNUM LNAME DOCTYPETEXT MEMOTEXT
- ------------------------------------------------------------------------------------------------------------------------------------
1642532 9808286153 LINDQUIST M TPOL Missing TITLE REPORT RCVD
1642532 9808286153 LINDQUIST M ASN1 Document Is Copy, Need Original FIRSTPLUS FINANCIAL TO LIFE
1636312 9808286154 LEWIN W TPOL Missing PRELIMINARY REPORT RCVD
1643010 9808286154 ASHCRAFT CT ASN1 Document Is Copy, Need Original FIRSTPLUS TO LIFE
1632694 9808286158 BAXTER LG TPOL Title Insurance Coverage Is MTG: $49,000.00 TITLE INSURANCE COVERAGE:
Insufficient $30,000.00
1638165 9808286158 GIBBONS C ASN1 Document Is Copy, Need Original FIRSTPLUS FINANCIAL TO LIFE BANK
1638168 9808286158 GUTIERREZ JE TPOL Missing TITLE COMMITMENT RECEIVED
1638168 9808286158 GUTIERREZ JE SECI Property Address Does Not Agree SECI: 1907 SANTA ANA RANCHO VIEJO; SCH: 1514E LOS
With Schedule EBANOS BRO
1642603 9808286158 MARTINEZ IJ ASN1 Document Is Copy, Need Original FIRSTPLUS TO LIFE BANK
1639623 9808286159 MAYER JB TPOL Missing TITLE COMMITMENT RECEIVED
1639623 9808286159 MAYER JB ASN1 Document Is Copy, Need Original FIRSTPLUS FINANCIAL TO LIFE BANK
1643139 9808286159 HOFFARD ML SECI Property Address Does Not Agree SECI:14996 OLD FRANKFORT RD, MARION; SCH:1013
With Schedule NEWTON,JON CTY
1638163 9808286167 FRITZ PA ASN1 Document Is Copy, Need Original FIRSTPLUS FINANCIAL TO LIFE BANK
1639702 9808286168 WARFIELD DE ASN1 Document Is Copy, Need Original FIRSTPLUS FINANCIAL TO LIFE
1632749 9808286169 TORRES M ASN2 Document Is Copy, Need Original REGIONS MRTG TO AMERICA'S LOAN SOURCE
1632749 9808286169 TORRES M SECI Document Is Copy, Need Original
1641342 9808286169 BIRD H TPOL Missing TITLE COMMITMENT RCVD
1632746 9808286170 TALBOT DC TPOL Missing TITLE COMMITMENT RCVD
1632746 9808286170 TALBOT DC ASN2 Document Is Copy, Need Original REGIONS MTGE TO AMERICA'S LOAN SOURCE
1632746 9808286170 TALBOT DC SECI Document Is Copy, Need Original
1637151 9808286170 ROYAL FP ASN1 Document Is Copy, Need Original PRINCIPAL EQUITY TO LIFE
1642923 9808286171 LOVELADY CD TPOL Missing
1642923 9808286171 LOVELADY CD SECI Document Is Copy, Need Original
Lehman Exception Report
LEHMAN EXCEPTION REPORT PER CUSTODIAN TO DATE
- ---------------------------------------------
LOANID LNAME DOCTYPE LONGTEXT UPPERMEMO
- ------------------------------------------------------------------------------------------------------------------------------------
54600283 LEE RICKY ASSN Interim assignment is a company certified copy US TRUST MTG TO LB
54600283 LEE RICKY ASSN Deed of Trust is a company certified copy
54600283 LEE RICKY ASSN Document is a commitment/preliminary report only
54600314 CRESPO JOAQUINA ASSN Interim assignment is a company certified copy BANKING MTG TO LB
54600314 CRESPO JOAQUINA ASSN Deed of Trust is a company certified copy
54600314 CRESPO JOAQUINA ASSN Document is a commitment/preliminary report only
54600330 LOWE JOHN EDMUND ASSN Interim assignment is a company certified copy LOANS INC. TO LB
54600330 LOWE JOHN EDMUND ASSN Deed of Trust is a company certified copy
54600330 LOWE JOHN EDMUND ASSN Document is a commitment/preliminary report only
56600001 AUSMUS ETHEL F ASSN Deed of Trust is a company certified copy
56600001 AUSMUS ETHEL F ASSN Document is a commitment/preliminary report only
58600226 LATZKE APRIL LEA ASSN Deed of Trust is a company certified copy
58600287 RENTSCHLER LINDA ASSN Document is a copy
58600287 RENTSCHLER LINDA ASSN Document is a commitment/preliminary report only
58600411 EVANS KIMBERLY M. ASSN Document is a copy HCL TO LB
58600411 EVANS KIMBERLY M. ASSN Deed of Trust is a company certified copy
58600411 EVANS KIMBERLY M. ASSN Document is a commitment/preliminary report only
54600424 SHELDON DANIEL D ASSN Deed of Trust is a company certified copy
54600424 SHELDON DANIEL D ASSN Document is a commitment/preliminary report only
57600029 FAULKNER HUBERT E DOFT Deed of Trust is a company certified copy
57600029 FAULKNER HUBERT E DOFT Document is a commitment/preliminary report only
58600429 BAKER CALVIN BRADLEYDOFT Interim assignment is a company certified copy PREMIER FIN TO LB
58600429 BAKER CALVIN BRADLEYDOFT Deed of Trust is a company certified copy
58600429 BAKER CALVIN BRADLEYDOFT Document is a commitment/preliminary report only
58600433 REN LIN DOFT Interim assignment is a company certified copy HCL FIN TO LB
58600433 REN LIN DOFT Deed of Trust is a company certified copy
58600433 REN LIN DOFT Document is a commitment/preliminary report only
58600504 FERNANDEZ HUBERT DOFT Interim assignment is a company certified copy GREAT COUNTRY MTG TO LB
58600504 FERNANDEZ HUBERT DOFT Deed of Trust is a company certified copy
58600504 FERNANDEZ HUBERT DOFT Document is a commitment/preliminary report only
58600506 DENHAM RONALD DOFT Interim assignment is a company certified copy MAYFLOWER TO LB
58600506 DENHAM RONALD DOFT Document is a commitment/preliminary report only
58600564 OPSAHL PATRICK JOSEPDOFT Interim assignment is a company certified copy HCL TO LB
58600570 BINGAMAN CONSTANCEDOFT Interim assignment is a company certified copy LRS TO LB
58600570 BINGAMAN CONSTANCEDOFT Deed of Trust is a company certified copy
58600570 BINGAMAN CONSTANCEDOFT Document is a commitment/preliminary report only
58600590 ROYAL EASTAND DOFT Interim assignment is a company certified copy PREMIER TO LB
58600590 ROYAL EASTAND DOFT Deed of Trust is a company certified copy
58600590 ROYAL EASTAND DOFT Document is a commitment/preliminary report only
58600647 MCKENNON LOUISE C DOFT Interim assignment is a company certified copy CROWN BANK TO LB
61600061 JOINER DELBERT T DOFT Interim assignment is a company certified copy EAST WEST TO LB
57600124 TAYLOR-MENDOZA TPOL Deed of Trust is a company certified copy
58600678 PFLUEGER TIMOTHY PTPOL Interim assignment is a company certified copy TO LB
58600678 PFLUEGER TIMOTHY PTPOL Deed of Trust is a company certified copy
58600678 PFLUEGER TIMOTHY PTPOL Document is a commitment/preliminary report only
58600684 VALDEZ NORMA G. TPOL Interim assignment is a company certified copy TO LB
58600707 LOPEZ ELENA TPOL Interim assignment is a company certified copy TO LB
58600707 LOPEZ ELENA TPOL Deed of Trust is a company certified copy
58600707 LOPEZ ELENA TPOL Document is a commitment/preliminary report only
58600750 TEEPLES ACEL H TPOL Interim assignment is a company certified copy TO LB
58600750 TEEPLES ACEL H TPOL Deed of Trust is a company certified copy
54600678 DANIELE J TPOL Deed of Trust is a company certified copy
54600678 DANIELE J TPOL Document is a commitment/preliminary report only
55600677 BARCLAY RF TPOL Deed of Trust is a company certified copy
55600677 BARCLAY RF TPOL Document is a commitment/preliminary report only
58600997 HILL ST TPOL Document is a copy TO LB
58600997 HILL ST TPOL Deed of Trust is a company certified copy
58600997 HILL ST TPOL Document is a commitment/preliminary report only
58601092 WEISMAN CJ TPOL Document is a copy TO LB
58601092 WEISMAN CJ TPOL Deed of Trust is a company certified copy
58601092 WEISMAN CJ TPOL Document is a commitment/preliminary report only
SELLER PARTIES SHALL BE RESPONSIBLE FOR CURING THE ABOVE-DESCRIBED EXCEPTIONS.
SERVICED RETAINED LOANS SEE INV EXCPT REPORT
INV # INVESTOR COLLATERAL LOCATION WORKSHEET BASE FILE LOCATION
- ----- ----------------------- ------------------- -------------------- ------------------
#10-11 FNMA FNMA NONE LIFE BANK
Federal National Mortgage State Street (custodian)
Association
Washington DC 225 Franklin Street
Boston, MA 02110
Contact: Richard Dure
617-664-8414
#22 FHLMC WELLS FARGO BANK MINNESOTA, SEE ATTACHED LIFE BANK
FHLMC MORTGAGE DOCUMENT CUSTODY EXCEPTIONS OUTSTANDING
1031 10TH AVENUE SOUTHEAST
MINNEAPOLIS, MN 55414
KATHY MARSHALL
612-667-8032
#101 POMONA 1ST FEDERAL POMONA 1ST FEDERAL NONE LIFE BANK
550 N. INDIAN HILL BLVD 550 N. INDIAN HILL BLVD
2ND FLOOR 2ND FLOOR
POMONA, CA 91767 POMONA, CA 91767
LAURIE GOAD LAURIE GOAD
909-481-3111 909-481-3111
#103 RFC RFC NONE LIFE BANK
RESIDENTAL FUNDING CORPORATION RESIDENTAL FUNDING CORPORATION
2255 MORTH ONTARIO STREET, 2255 MORTH ONTARIO STREET,
SUITE 400 SUITE 400
GLENDALE, CA GLENDALE, CA
ANDREW SWOPE 818-260-1400 ANDREW SWOPE 818-260-1400
#124 LEHMAN BROS US BANK SEE ATTACHED SPREADSHEET LIFE BANK
3 WORLD FINANCIAL CENTER 108 EAST 5TH STREET OUTSTANDING EXCEPTIONS
12TH FLOOR ST. PAUL MN 55101
NEW YORK, NEW YORK 10285-1200 KATHRYN WALTER
LESLIE GELBER 651-244-8479
212-526-5861
#126 COASTAL BANC COASTAL BANC NONE LIFE BANK
5718 WESTHEIMER SUITE 400 5718 WESTHEIMER SUITE 400
HOUSTON, TEXAS 77057 HOUSTON, TEXAS 77057
CHRISTY MCCAUGHERTY CHRISTY MCCAUGHERTY
713-435-7804 713-435-7804
#188 FIDELITY BANK FIDELITY BANK NONE LIFE BANK
100 E. ENGLISH 100 E. ENGLISH
WITCHITA, KS 67201 WITCHITA, KS 67201
MARK SIKES MARK SIKES
316-268-7460 316-268-7460
SERVICED RETAINED LOANS
INV # INVESTOR COLLATERAL LOCATION EXCEPTION REPORT ON TRAILING DOCS
- ----- -------- ------------------- ---------------------------------
#116 ETRADE FKA TELEBANK ETRADE FKA TELEBANK NONE
111 N. HIGHLAND STREET 111 N. HIGHLAND STREET
ARLINGTON, VA 22201-2807 ARLINGTON, VA 22201-2807
VICTORIA WU 703-247-7081 VICTORIA WU 703-247-7081
EXHIBIT D
CUSTODIAL AGREEMENTS TO WHICH SELLER IS A PARTY
NONE
EXHIBIT E
FORM OF LOST NOTE AFFIDAVIT AND INDEMNIFICATION AGREEMENT
STATE OF __________________ )
COUNTY OF ________________ )
_________________, being first duly sworn upon oath deposes and status:
That he is the ___________________ of LIFE BANK.
That he is authorized by LIFE BANK to execute this Lost Note Affidavit and
Indemnification Agreement on behalf of LIFE BANK. Notwithstanding anything
contained herein, he shall have no personal liability pursuant to this Lost Note
Affidavit and Indemnification Agreement.
That the Note, executed by ________________________________________________ in
the original principal sum of $_____________ payable to the order of LIFE BANK.,
a copy of which is attached hereto as Exhibit A (the "Note") was lost and /or
destroyed and neither the affiant herein nor, to the best of affiant's
knowledge, any of the directors, officer, or employees of LIFE BANK have any
knowledge of the location or whereabouts of said Note and, to the best of
affiant's knowledge, said Note has not been paid, satisfied, transferred,
assigned, pledged, or hypothecated in any way.
NOW THEREFORE, for and in consideration of _________________. and its successors
and/or assigns, accepting a certified copy of the Note identified on Exhibit "A"
in lieu of the original Note, LIFE BANK does hereby agree to defend, indemnify
and hold harmless _________________, its respective transferees, and their
respective assigns, officers, directors, employees, agents, attorneys and
representatives (collectively, the "indemnified") from and against any and all
loss or damage, together with all reasonable costs, charges and expenses
(whether or not a lawsuit is filed) (collectively the "Loss") incurred by reason
of any claim, demand, suit, cause of action or proceeding by a third party
arising out of the Indemnified's inability to enforce the Note according to its
terms or the inability to receive any related insurance proceeds due to the lack
of an original Note by a third party. LIFE BANK shall pay any such Loss upon
demand provided that LIFE BANK is notified of any such Loss in writing at the
following address: 10540 Magnolia Avenue #B, Riverside, CA 92505; Attention:
PETER J. HARRISON, VICE PRESIDENT with copy to 10540 N. Magnolia Avenue, #B,
Riverside, CA 92505-1814; Attention, STEVEN GARDNER, President and further
provided that LIFE BANK is given reasonable opportunity to direct or assist, at
LIFE BANK'S option, the defense or settlement of any such Loss if such direction
or assistance would have prevented the Loss. LIFE BANK does hereby further agree
that should the original Note ever be found by it, it will prompt notify
_________________, and upon receipt by LIFE BANK of the Note, will endorse to
_________________, or its designee without recourse such original Note and
promptly forward said Note to _________________. or its designee. Upon receipt
of the original Note by LIFE BANK, this indemnification agreement shall become
null and void as to any loss accruing subsequent to ______________. receipt of
such original
Note, however, LIFE BANK, shall remain liable as to any loss accruing on or
prior to _________________ receipt of such original Note.
Executed this Life Bank
-------------
By:
-----------------------------
Name:
---------------------------
Title:
--------------------------
Subscribed and sworn to before me this_______day of_______________________,2001.
- ----------------------------------
Notary Public
EXHIBIT F
CUSTODIAL ACCOUNT RECONCILIATION WORKSHEET
Each of the below line items must be supported with Loan Level Detail Reports by
Month.
Prepaid Principal and Net Interest $________________
Plus Curtailments $________________
Plus Unremitted Liquidation Principal $________________
Plus Unremitted Liquidation Interest $________________
Plus Unremitted Prepayment Interest Shortfall $________________
Plus Unremitted Curtailment Adjustments $________________
Less Delinquent Principal and Net Interest $________________
Total Custodial Funding $________________
Less Actual P&I Custodial Balance $________________
Excess (Shortage) $________________
EXHIBIT G
FORM OF POWER OF ATTORNEY
After recording, return to:
Wilshire Credit Corporation
Attention: ___________________________
P.O. Box 8517
Portland, OR 97207-8517
LIMITED POWER OF ATTORNEY
This power of attorney is issued in connection with Wilshire Credit
Corporation's responsibilities to service mortgage loans and real estate
("Loans") previously serviced by _____________________________ ("Transferor"),
which servicing rights Transferor has transferred to Transferee. The Loans may
be comprised of notes and secured by mortgages, deeds of trust, deeds to secure
debt and other forms of security instruments (the "Security Instruments").
Transferor hereby constitutes and appoints Wilshire Credit Corporation,
a Nevada corporation ("Transferee"), 1776 S.W. Madison Street, Portland, Oregon
97205, its attorney-in-fact, to execute and acknowledge in writing or by
facsimile stamp all documents customarily and reasonably necessary and
appropriate for the servicing of Loans and Security Instruments to Transferee or
its assigns, and for the servicing thereof, including without limitation the
following:
1. To conduct all servicing with regard to any of the Loans;
2. To take any action regarding any foreclosure or bankruptcy
actions or other litigation relating to the Loans;
3. To enter into contracts to maintain, repair, preserve, or sell
any property that exists as collateral for the Loans; and
4. To execute and deliver checks, deeds, assignments, note
endorsements, modifications of notes and security agreements,
allonges, bills of sale, other instruments of sale,
conveyance, or transfer, releases, satisfactions, notice
filings, affidavits of debt, notices of substitute trustee,
notices of default, tax declarations, and other statements of
filings for any federal, state, municipal, local or other
governmental agency, together with such endorsements and
acknowledgements as may be necessary or appropriate to effect
the execution, delivery, conveyance, recordation or filing of
any such documents in connection with the Loans.
Transferor gives and grants Transferee full power and authority to do
all and every act and thing whatsoever requisite and necessary to be done
relative to any of the foregoing, as fully to all intents and purposes as
Transferor might or could do if personally present.
Any third parties may rely on a copy of this Limited Power of Attorney,
to the same extent as if it were an original, and shall be entitled to rely on a
writing signed by the Transferee to establish conclusively the identity of a
particular right, power, capacity, asset, liability, obligation, property, loan
or commitment of the Transferee for all purposes under this Limited Power of
Attorney.
Transferee shall not be obligated to furnish bond or other security in
connection with its actions hereunder.
Transferor authorizes Transferee, by and through any of its respective
directors or officers, or any other employee which is duly authorized by the
Transferee to certify, deliver and/or record copies and originals of this
Limited Power of Attorney.
If any provision of this Limited Power of Attorney shall be held
invalid, illegal or unenforceable, the validity, legality or enforceability of
the other provisions hereof shall not be affected thereby, and there shall be
deemed substituted for the provision at issue a valid and enforceable provision
as similar as possible to the provision at issue.
IN WITNESS WHEREOF, the undersigned have executed this Limited Power of
Attorney as of this _____ day of ______________, 2001.
- ------------------------------- --------------------------------------
Witness By:
-----------------------------------
Name:
---------------------------------
Title:
--------------------------------
- ------------------------------- --------------------------------------
Witness By:
-----------------------------------
Name:
---------------------------------
Title:
--------------------------------
STATE OF __________________________ )
) ss.
COUNTY OF ________________________ )
On the __ day of ____________, 2001, before me, a Notary Public in and
for said State, personally appeared _________________________, known to me to be
a ________________ of ___________________, the company that executed the within
instrument and acknowledged to me that such company executed the within
instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
--------------------------------------
Notary Public
My commission expires:_______________
STATE OF __________________________ )
) ss.
COUNTY OF ________________________ )
On the __ day of ____________, 2001, before me, a Notary Public in and
for said State, personally appeared _________________________, known to me to be
a ________________ of ___________________, the company that executed the within
instrument and acknowledged to me that such company executed the within
instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal the day and year in this certificate first above written.
--------------------------------------
Notary Public
My commission expires:_______________
SCHEDULE 5 EXCEPTIONS
SCHEDULE 5.3(N)
FHLMC LOANS SUBJECT TO REPURCHASE ON BORROWER DEFAULT
Group Actual Planned Life
FM Master Coverage Credit Coverage Coverage Life Bank
Servicer Mortgage Origination Commitment Commitment Seller Recovery Ehancement Termination Termination Recovery Bank Loan Chk
Number Number Date Number Number Number Order Name Date Date Source Loan No Digit
- ------------------------------------------------------------------------------------------------------------------------------------
364603 997703733 19980417 M98082683 9808286154 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1636312 12
364603 997703903 19980424 M98082683 9808286154 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1638870 19
364603 997704039 19980213 M98082683 9808286156 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1631180 18
364603 997704055 19980219 M98082683 9808286156 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1632173 11
364603 997704098 19980319 M98082683 9808286156 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1634639 20
364603 997704128 19980422 M98082683 9808286156 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1636870 18
364603 997704233 19980722 M98082683 9808286156 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1642463 14
364603 997704284 19980430 M98082683 9808286157 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1634032 16
364603 997704551 19971203 M98082683 9808286158 364603 1 INDEMN 12/4/98 12/5/99 SELLER 1632694 16
364603 997704632 19980428 M98082683 9808286158 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1636990 13
364603 997704640 19980504 M98082683 9808286158 364603 1 INDEMN 5/5/99 5/5/00 SELLER 1637074 14
364603 997704713 19980602 M98082683 9808286158 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1638529 12
364603 997704756 19980529 M98082683 9808286158 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1639013 19
364603 997705833 19980309 M98082683 9808286161 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1636117 18
364603 997706015 19980629 M98082683 9808286161 364603 1 INDEMN 6/30/99 6/30/00 SELLER 1641740 20
364603 997706104 19980312 M98082683 9808286162 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1633448 17
364603 997706252 19980624 M98082683 9808286162 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1641629 18
364603 997706422 19980702 M98082683 9808286163 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1641956 21
364603 997706481 19980102 M98082683 9808286164 364603 1 INDEMN 1/3/99 1/4/00 SELLER 1632692 20
364603 997706678 19980706 M98082683 9808286164 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1640961 21
364603 997706740 19970624 M98082683 9808286167 364603 1 INDEMN 6/25/98 6/26/99 SELLER 1629286 12
364603 997706937 19970404 M98082683 9808286168 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1629279 21
364603 997706945 19970417 M98082683 9808286168 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1629280 13
364603 997707178 19980521 M98082683 9808286168 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1638453 20
364603 997707216 19980612 M98082683 9808286168 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1639459 14
364603 997707224 19980622 M98082683 9808286168 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1639573 21
364603 997707380 19970423 M98082683 9808286169 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1629283 18
364603 997707437 19980226 M98082683 9808286169 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1632461 17
364603 997707577 19980324 M98082683 9808286169 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1634720 12
364603 997707763 19980615 M98082683 9808286169 364603 1 INDEMN 6/16/99 6/16/00 SELLER 1639469 21
364603 997707771 19980617 M98082683 9808286169 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1640110 19
364603 997707798 19980619 M98082683 9808286169 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1640388 14
364603 997707801 19970617 M98082683 9808286169 364603 1 INDEMN 6/18/98 6/19/99 SELLER 1640482 18
364603 997707844 19980703 M98082683 9808286169 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1641342 15
364603 997707879 19980720 M98082683 9808286169 364603 1 INDEMN 8/31/00 1/1/00 SELLER 1642372 20
364603 997707968 19980212 M98082683 9808286170 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1632228 13
364603 997707992 19980331 M98082683 9808286170 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1633551 19
364603 997708034 19980430 M98082683 9808286170 364603 1 INDEMN 5/1/99 5/1/00 SELLER 1637151 20
364603 997708123 19980721 M98082683 9808286170 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1642377 21
364603 997708131 19980724 M98082683 9808286170 364603 1 INDEMN 7/25/99 7/25/00 SELLER 1642429 18
364603 997708239 19980130 M98082683 9808286171 364603 1 INDEMN 1/31/99 2/1/00 SELLER 1631222 19
364603 997708298 19980227 M98082683 9808286171 364603 1 INDEMN 2/28/99 2/29/00 SELLER 1633055 18
364603 997708352 19980508 M98082683 9808286171 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1636738 15
364603 997708468 19980603 M98082683 9808286171 364603 1 INDEMN 1/1/00 1/1/00 SELLER 1638508 11
364603 997708581 19980614 M98082683 9808286171 364603 1 INDEMN 6/15/99 1/1/00 SELLER 1642180 14
SCHEDULE 5.3(t) - Foreclosed Properties.
(Properties shaded Black are in escrow)
LAST PMT DAYS FCL DAYS
NAME PROPERTY ADDRESS DUE SINCE SALE SINCE
REO # PROPERTY TYPE DATE DELIQ DATE SALE
GOATES 16 W. MAPLE LANE 11/1/99 457 9/1/00 152
1830-51-259 STILWELL, OK 74960 RECVD 9/15/00
55-600485-20
124-1416
BLAIR 2995 N. BANNOCK DR. 11/1/99 457 9/21/00 132
1830-51-261 PROVO, UT 84604
54-600601-18
124-1416
NOT YET CHARGED OFF
GRIFFS 4422 HWY 65 6/1/00 244 10/3/00 120
1830-51-263 PELHAM, GA 31779
58-600865-19
124-1416
ZENDER 501 SE 4TH STREET 12/1/99 427 8/17/00 167
1830-51-264 LOVELAND, CO 80537
55-600348-16
124-1416
NOT YET CHARGED OFF
BUDMIR 2576 E. SWEETWATER 12/1/99 427 8/28/00 156
1830-51-265 PHOENIX, AZ 85032 RECVD 10/24/00
57-600054-19
124-1416
NOT YET CHARGED OFF
LISTING AGENT/ TELEPHONE
NAME CURRENT LIST PRICE & FAX # OF NET FAIR
REO # APPRAISAL EXP. DATE NUMBERS OFFERS VALUE
GOATES F/C BPO NATIONAL ASSET 760-436-3080 0 $ 44,846
1830-51-259 $ 25,000.00 DISPOSITION SERVICE FAX
55-600485-20 8/2/00 BOB/KEN ZALUD 760-436-2244
124-1416 EVICTION
EVICTION ATTORNEY CAMERON & DREYFUSS
KAYO MANSON-TOMPKINS
714-972-1144 FAX 714-972-1218
PMI 11/1/00
BLAIR $ 138,000.00 NATIONAL ASSET 760-436-3080 1 $ 128,859
1830-51-261 REO APPRAISAL DISPOSITION SERVICE FAX
54-600601-18 11/20/00 BOB/KEN ZALUD 760-436-2244
124-1416 $ 138,250.00
NOT YET CHARGED OFF 2/28/01
GRIFFS $ 279,700.00 NATIONAL ASSET 760-436-3080 0 $ 216,105
1830-51-263 REO APPRAISAL DISPOSITION SERVICE FAX
58-600865-19 11/2/00 BOB/KEN ZALUD 760-436-2244
124-1416 $ 289,500.00
2/17/01
PMI 12/3/00
ZENDER $ 175,000.00 NATIONAL ASSET 760-436-3080 1 $ 183,319
1830-51-264 REO APPRAISAL DISPOSITION SERVICE FAX
55-600348-16 11/16/00 BOB/KEN ZALUD 760-436-2244
124-1416 $ 179,500.00
NOT YET CHARGED OFF 2/28/01
PMI 12/21/00
BUDMIR F/C BPO GOODMAN DEAN 714-229-8999 0 $ 98,938
1830-51-265 $ 110,000.00 GAYE WISEMAN FAX
57-600054-19 6/7/00 714-229-9143
124-1416
NOT YET CHARGED OFF
PMI 10/28/00
VASQUEZ 901 N. 16TH STREET 5/1/00 275 10/4/00 119
1830-51-266 MCALLEN, TX 78501
01-653030-16
124-1416
NOT YET CHARGED OFF
SHARUM 5111 MEYERS STREET 5/1/00 275 10/26/00 97
1830-51-268 FORT SMITH, AR 72904
55-600415-15
124-1416
NOT YET CHARGED OFF
MABRY 141 SHELLNUT DR 11/1/99 457 11/1/00 91
1830-51-269 COWPENS, SC 29330
54-600305-12
124-1416
NOT YET CHARGED OFF
ROBINS 96 PARIS AVE. 11/1/99 457 9/8/00 145
1830-51-270 AKRON, OH 44301 RECVD 12/21/00
01-651479-15
LEHMAN BROTHERS124-1416
NOT YET CHARGED OFF
ORIGINAL APPRAISAL $43,000.00 DATED
ORIGNIAL LOAN AMOUNT $34,400.00
TAYLOR 5000 N. CAPITOL ST. NW6/1/00 244 12/5/00 57
1830-51-271 WASHINGTON, DC 20011
58-600236-11
LEHMAN BROTHERS 124-1417
NOT YET CHARGED OFF
ORIGINAL APPRAISAL $135,000.00 DATED 2/25/99
ORIGNIAL LOAN AMOUNT $76,950.00
HAMPTON 5655 DESOTO 4/1/00 305 12/15/00 47
1830-51-274 HOUSTON, TX 77055
01-653029-13 CONDO
124-1416
NOT YET CHARGED OFF
ORIGINAL APPRAISAL $39,500 DATED 5/28/98
ORIGINAL LOAN AMOUNT $31,200
$ 25,000.00 714-229-8999 1 $ 26,281
F/C BPO FAX
10/2/00 714-229-9143
$ 28,000.00 NATIONAL ASSET 760-436-3080 0 $ 24,164
F/C DRIVE BY DISPOSITION SERVICE FAX
8/28/00 BOB/KEN ZALUD 760-436-2244
EVICTION
EVICTION ATTORNEY CAMERON & DREYFUSS
KAYO MANSON-TOMPKINS
714-972-1144 FAX 714-972-1218
PMI 12/26/00
REO APPRAISAL NATIONAL ASSET 760-436-3080 0 $ 50,669
$ 62,000.00 DISPOSITION SERVICE FAX
12/7/00 BOB/KEN ZALUD 760-436-2244
$ 64,000.00
4/3/00
PMI 1/1/01
F/C BPO GOODMAN DEAN 714-229-8999 0 $ 34,302
$ 48,000.00 GAYE WISEMAN FAX
7/5/00 EVICTION 714-229-9143
EVICTION ATTORNEY CAMERON & DREYFUSS
KAYO MANSON-TOMPKINS
714-972-1144 FAX 714-972-1218
F/C BPO NATIONAL ASSET 760-436-3080 0 $ 30,875
$ 121,000.00 DISPOSITION SERVICE FAX
10/3/00 BOB/KEN ZALUD 760-436-2244
EVICTION
EVICTION ATTORNEY CAMERON & DREYFUSS
KAYO MANSON-TOMPKINS
714-972-1144 FAX 714-972-1218
F/C BPO NATIONAL ASSET 760-436-3080 0 $ 76,590
$ 25,000.00 DISPOSITION SERVICE FAX
11/10/00 BOB/KEN ZALUD 760-436-2244
EVICTION
EVICTION ATTORNEY CAMERON & DREYFUSS
KAYO MANSON-TOMPKINS
714-972-1144 FAX 714-972-1218
-2-
COLE 134 GROVE STREET 5/1/00 275 1/2/01
HENDERSON, NV
58-600365-15 SFR
124-1417
NOT YET CHARGED OFF
ORIGINAL APPRAISAL $80,000. DATED 04/16/99
ORIGINAL LOAN AMOUNT $64,000.00
RICHARDS 2821 MYRTIS ROAD 4/1/00 305 12/20/00
JACKSONVILLE, FL 32218
54-600252-17 SFR
LEHMAN BROTHERS124-1416
NOT YET CHARGED OFF
ORIGINAL APPRAISAL $66,000. DATED 03/16/99
ORIGNIAL LOAN AMOUNT $59,400.00
SCHMITTE 130 ELMWOOD AVENUE 2/1/00 365 1/4/01
SYRACUSE, NY 13207
61-600026-11 SFR
LEHMAN BROTHERS 124-1417
NOT YET CHARGED OFF
ORIGINAL APPRAISAL $46,000.00 DATED 1/13/99
ORIGNIAL LOAN AMOUNT $29,900.00
MADERO 3620 S. DAWSON PLACE 12/1/99 427 1/2/01
TUCSON, AZ 85730
01-649314-16 TOWNHOUSE
124-1416
NOT YET CHARGED OFF
ORIGINAL APPRAISAL
ORIGINAL LOAN AMOUNT $52,700.00
SUBTOTAL ALL PROPERTIES
OFFERS SUBMITTED PENDING APPROVAL OF COUNTERS
LESS SOLD PROPERTIES PENDING ESCROWS
TOTAL REO SECURITIES
ALLEN 1005 I STREET 1/1/00 396 9/1/00
1830-51-260 WASHOUGAL, WA 98671
57-600094-14
124-1416
NOT YET CHARGED OFF
29 F/C DRIVE BY GOODMAN DEAN 714-229-8999 0 $ 63,735
$ 81,000.00 GAYE WISEMAN FAX
8/25/00 714-229-9143
PMI 03/02/01
42 F/C BPO GOODMAN DEAN 714-229-8999 0 $ 59,091
$ 47,000.00 GAYE WISEMAN FAX
8/1/00 714-229-9143
PMI 2/20/01
27 F/C BPO NATIONAL ASSET 760-436-3080 0 $ 29,853
$ 43,000.00 DISPOSITION SERVICE FAX
7/9/00 BOB/KEN ZALUD 760-436-2244
PMI 03/04/01
29 F/C DRIVE BY GOODMAN DEAN 714-229-8999 0 $ 52,329
$ 65,000.00 GAYE WISEMAN FAX
12/29/00 714-229-9143
15 $ 1,119,954
0
3 $ 338,459
12 $ 781,496
152 $ 120,000.00 NATIONAL ASSET 760-436-3080 0 $ 74,342
F/C BPO DISPOSITION SERVICE FAX
6/26/00 BOB/KEN ZALUD 760-436-2244
BANKRUPTCY
PMI 11/1/00 HOLD OFF DUE TO BKY
-3-
SCHEDULE 5.3(y)
Missing title policies.
Approximately 30 Mortgages for which Seller's origination program parameters (a
copy of which is attached as Schedule 5.3(y)) required only a preliminary title
report or commitment at origination.
INVEST PRGM SHORT NAME ORIGINAL
# MASTER ACCOUNT NO. BORROWER BALANCE
- - ------ ------- --- -------- -------
1 188 57600893 815 ROBINSON RL 11,100.00
2 188 58603336 815 CONRAD JM 15,600.00
3 188 57600589 815 CARROLL L 16,400.00
4 188 56600018 815 MCLEAN D 16,500.00
5 188 58602844 815 QUICK CG 17,700.00
6 188 57600876 815 GRATTON MG 20,800.00
7 188 58602817 815 SALAS S 21,000.00
8 188 57600634 815 KHIEV FS 25,000.00
9 188 57601186 815 ANSTETH A 25,000.00
10 188 58603607 815 CADENHEAD PW 25,000.00
11 188 58602497 815 CARPENTER L 25,400.00
12 188 57600820 815 BRAGG CW 29,000.00
13 188 57600918 815 MULDOON TE 29,400.00
14 188 57600583 815 VINCENT FR 30,000.00
15 188 57600562 815 MACMURTRY SE 30,400.00
16 188 58603360 815 AGNOR EL 31,000.00
17 188 57601198 815 CRAMER B 31,990.00
18 188 57600814 815 HEMPFLENG KN 32,000.00
19 188 57601115 815 TUCKER GT 32,500.00
20 188 58603278 815 WIEDEMAN R 33,000.00
21 188 58603352 815 ANDERSON PM 33,200.00
22 188 58602925 815 ESPINOLA G 35,000.00
23 188 57600669 815 KARANDOS M 35,350.00
24 188 58602796 815 SIGNORELLI L 36,000.00
25 188 57600885 815 MYLES BG 37,200.00
26 188 58603247 815 SUTHERLIN J 37,300.00
27 188 58602760 815 HENDERICKS SM 38,300.00
28 188 58603400 815 HARLOW LM 39,500.00
29 188 58602513 815 GARCIA A 45,000.00
30 188 58603099 815 BARTOLOVIC P 45,500.00
31 188 56600022 815 UHER F 50,000.00
32 188 57600770 815 MEHRUNISSA K 50,000.00
33 188 58602690 815 HUNT RL 50,000.00
34 188 58603468 815 HENNING DM 50,000.00
SCHEDULE 5.6
Form of Foreclosed Properties Listing Agreement
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
1 10 1602416 101 11 1606563 201 11 1606834
2 10 1602539 102 11 1606564 202 11 1606837
3 10 1602988 103 11 1606565 203 11 1606844
4 10 1603099 104 11 1606567 204 11 1606845
5 10 1603142 105 11 1606568 205 11 1606847
6 10 1603305 106 11 1606571 206 11 1606852
7 10 1603314 107 11 1606572 207 11 1606853
8 10 1603322 108 11 1606573 208 11 1606857
9 10 1603408 109 11 1606575 209 11 1606861
10 10 1603433 110 11 1606576 210 11 1606862
11 10 1603470 111 11 1606579 211 11 1606864
12 10 1603489 112 11 1606580 212 11 1606867
13 10 1603507 113 11 1606581 213 11 1606869
14 10 1603516 114 11 1606583 214 11 1606871
15 10 1603613 115 11 1606584 215 11 1606873
16 10 1603643 116 11 1606590 216 11 1606875
17 10 1603644 117 11 1606591 217 11 1606879
18 10 1603656 118 11 1606598 218 11 1606880
19 10 1603796 119 11 1606602 219 11 1606882
20 10 1603830 120 11 1606603 220 11 1606895
21 10 1604297 121 11 1606609 221 11 1606898
22 10 1604766 122 11 1606615 222 11 1606900
23 10 1604771 123 11 1606616 223 11 1606903
24 10 1604772 124 11 1606619 224 11 1606904
25 10 1604773 125 11 1606621 225 11 1606906
26 10 1604774 126 11 1606623 226 11 1606907
27 10 1604775 127 11 1606624 227 11 1606913
28 10 1604777 128 11 1606630 228 11 1606914
29 10 1604781 129 11 1606631 229 11 1606915
30 10 1604783 130 11 1606637 230 11 1606918
31 10 1604784 131 11 1606644 231 11 1606919
32 10 1604785 132 11 1606646 232 11 1606923
33 10 1604787 133 11 1606647 233 11 1606927
34 10 1604789 134 11 1606648 234 11 1606931
35 10 1604790 135 11 1606660 235 11 1606934
36 10 1604791 136 11 1606661 236 11 1606935
37 10 1604793 137 11 1606662 237 11 1606936
38 10 1604796 138 11 1606665 238 11 1606937
39 10 1604798 139 11 1606667 239 11 1606938
40 10 1604799 140 11 1606670 240 11 1606939
41 10 1604801 141 11 1606674 241 11 1606941
42 10 1604805 142 11 1606675 242 11 1606942
43 10 1604806 143 11 1606677 243 11 1606945
44 10 1604807 144 11 1606680 244 11 1606946
45 10 1604809 145 11 1606681 245 11 1606948
46 10 1604824 146 11 1606686 246 11 1606951
47 10 1604826 147 11 1606689 247 11 1606954
48 10 1604827 148 11 1606691 248 11 1606960
49 10 1604832 149 11 1606696 249 11 1606964
50 10 1604833 150 11 1606697 250 11 1606967
51 10 1604835 151 11 1606698 251 11 1606973
52 10 1604836 152 11 1606699 252 11 1606974
53 10 1604839 153 11 1606701 253 11 1606977
54 10 1604844 154 11 1606702 254 11 1606981
55 10 1604847 155 11 1606704 255 11 1606983
56 10 1605502 156 11 1606708 256 11 1606988
57 10 1605503 157 11 1606710 257 11 1606989
58 10 1606778 158 11 1606711 258 11 1606990
59 11 1604099 159 11 1606720 259 11 1606992
60 11 1604283 160 11 1606723 260 11 1606995
61 11 1604284 161 11 1606724 261 11 1606996
62 11 1604289 162 11 1606733 262 11 1607001
63 11 1604294 163 11 1606734 263 11 1607003
64 11 1604299 164 11 1606736 264 11 1607004
65 11 1604300 165 11 1606744 265 11 1607005
66 11 1604301 166 11 1606745 266 22 1608725
67 11 1604302 167 11 1606751 267 22 1617883
68 11 1604331 168 11 1606752 268 22 1622587
69 11 1604332 169 11 1606753 269 22 1629170
70 11 1604333 170 11 1606754 270 22 1629181
71 11 1604334 171 11 1606759 271 22 1629244
72 11 1604336 172 11 1606761 272 22 1629247
73 11 1604337 173 11 1606764 273 22 1629277
74 11 1604340 174 11 1606766 274 22 1629279
75 11 1604343 175 11 1606768 275 22 1629280
76 11 1604348 176 11 1606769 276 22 1629283
77 11 1604349 177 11 1606772 277 22 1629286
78 11 1604353 178 11 1606774 278 22 1629291
79 11 1605506 179 11 1606776 279 22 1630078
80 11 1605510 180 11 1606777 280 22 1630929
81 11 1605514 181 11 1606781 281 22 1631180
82 11 1605515 182 11 1606783 282 22 1631210
83 11 1605517 183 11 1606785 283 22 1631219
84 11 1605527 184 11 1606788 284 22 1631222
85 11 1605532 185 11 1606789 285 22 1631223
86 11 1606524 186 11 1606790 286 22 1631234
87 11 1606528 187 11 1606791 287 22 1631550
88 11 1606529 188 11 1606792 288 22 1631573
89 11 1606534 189 11 1606793 289 22 1631714
90 11 1606536 190 11 1606795 290 22 1631993
91 11 1606537 191 11 1606796 291 22 1632007
92 11 1606539 192 11 1606805 292 22 1632017
93 11 1606544 193 11 1606806 293 22 1632020
94 11 1606545 194 11 1606811 294 22 1632110
95 11 1606549 195 11 1606814 295 22 1632173
96 11 1606550 196 11 1606818 296 22 1632228
97 11 1606551 197 11 1606822 297 22 1632321
98 11 1606552 198 11 1606826 298 22 1632400
99 11 1606554 199 11 1606831 299 22 1632415
100 11 1606556 200 11 1606832 300 22 1632453
301 22 1632461 401 22 1638520 501 22 1640284
302 22 1632692 402 22 1638529 502 22 1640291
303 22 1632694 403 22 1638588 503 22 1640295
304 22 1632741 404 22 1638644 504 22 1640297
305 22 1632746 405 22 1638647 505 22 1640388
306 22 1632749 406 22 1638652 506 22 1640482
307 22 1632753 407 22 1638655 507 22 1640560
308 22 1632831 408 22 1638659 508 22 1640574
309 22 1633055 409 22 1638660 509 22 1640718
310 22 1633371 410 22 1638664 510 22 1640730
311 22 1633423 411 22 1638665 511 22 1640857
312 22 1633448 412 22 1638672 512 22 1640925
313 22 1633463 413 22 1638679 513 22 1640961
314 22 1633485 414 22 1638774 514 22 1640982
315 22 1633536 415 22 1638785 515 22 1640990
316 22 1633538 416 22 1638789 516 22 1641074
317 22 1633551 417 22 1638844 517 22 1641137
318 22 1633592 418 22 1638870 518 22 1641223
319 22 1633906 419 22 1638942 519 22 1641342
320 22 1633973 420 22 1638954 520 22 1641419
321 22 1634012 421 22 1638961 521 22 1641424
322 22 1634032 422 22 1638968 522 22 1641616
323 22 1634071 423 22 1638969 523 22 1641628
324 22 1634169 424 22 1638976 524 22 1641629
325 22 1634267 425 22 1638980 525 22 1641631
326 22 1634325 426 22 1638997 526 22 1641639
327 22 1634383 427 22 1638999 527 22 1641665
328 22 1634521 428 22 1639006 528 22 1641706
329 22 1634584 429 22 1639013 529 22 1641740
330 22 1634627 430 22 1639037 530 22 1641818
331 22 1634639 431 22 1639087 531 22 1641838
332 22 1634655 432 22 1639172 532 22 1641883
333 22 1634720 433 22 1639231 533 22 1641916
334 22 1634777 434 22 1639321 534 22 1641956
335 22 1635814 435 22 1639380 535 22 1641994
336 22 1635836 436 22 1639418 536 22 1642045
337 22 1635974 437 22 1639429 537 22 1642122
338 22 1635998 438 22 1639459 538 22 1642131
339 22 1636103 439 22 1639469 539 22 1642180
340 22 1636107 440 22 1639573 540 22 1642369
341 22 1636117 441 22 1639580 541 22 1642371
342 22 1636119 442 22 1639590 542 22 1642372
343 22 1636230 443 22 1639599 543 22 1642377
344 22 1636299 444 22 1639612 544 22 1642429
345 22 1636300 445 22 1639613 545 22 1642461
346 22 1636302 446 22 1639614 546 22 1642463
347 22 1636312 447 22 1639623 547 22 1642485
348 22 1636316 448 22 1639629 548 22 1642502
349 22 1636317 449 22 1639630 549 22 1642511
350 22 1636321 450 22 1639636 550 22 1642520
351 22 1636324 451 22 1639649 551 22 1642532
352 22 1636424 452 22 1639653 552 22 1642539
353 22 1636571 453 22 1639657 553 22 1642556
354 22 1636721 454 22 1639669 554 22 1642563
355 22 1636738 455 22 1639670 555 22 1642577
356 22 1636870 456 22 1639681 556 22 1642579
357 22 1636930 457 22 1639684 557 22 1642603
358 22 1636957 458 22 1639685 558 22 1642677
359 22 1636990 459 22 1639688 559 22 1642683
360 22 1637074 460 22 1639689 560 22 1642684
361 22 1637116 461 22 1639691 561 22 1642709
362 22 1637151 462 22 1639693 562 22 1642712
363 22 1637612 463 22 1639694 563 22 1642855
364 22 1637730 464 22 1639702 564 22 1642923
365 22 1637743 465 22 1639706 565 22 1642959
366 22 1637796 466 22 1639720 566 22 1642960
367 22 1637864 467 22 1639751 567 22 1642967
368 22 1637868 468 22 1639762 568 22 1642972
369 22 1637877 469 22 1639778 569 22 1642976
370 22 1638116 470 22 1639864 570 22 1643006
371 22 1638129 471 22 1639868 571 22 1643008
372 22 1638130 472 22 1639874 572 22 1643010
373 22 1638134 473 22 1639880 573 22 1643017
374 22 1638141 474 22 1639925 574 22 1643032
375 22 1638156 475 22 1639966 575 22 1643112
376 22 1638159 476 22 1640110 576 22 1643123
377 22 1638161 477 22 1640153 577 22 1643127
378 22 1638163 478 22 1640157 578 22 1643135
379 22 1638165 479 22 1640160 579 22 1643138
380 22 1638168 480 22 1640166 580 22 1643139
381 22 1638170 481 22 1640192 581 22 1643147
382 22 1638171 482 22 1640207 582 22 1643156
383 22 1638174 483 22 1640209 583 22 1643161
384 22 1638203 484 22 1640214 584 22 1643172
385 22 1638267 485 22 1640215 585 22 1643173
386 22 1638269 486 22 1640216 586 22 1643190
387 22 1638287 487 22 1640217 587 22 1643197
388 22 1638289 488 22 1640219 588 22 1643208
389 22 1638306 489 22 1640220 589 22 1643260
390 22 1638312 490 22 1640222 590 22 1643281
391 22 1638325 491 22 1640224 591 22 1643292
392 22 1638326 492 22 1640225 592 22 1643365
393 22 1638347 493 22 1640226 593 22 1643388
394 22 1638356 494 22 1640228 594 22 1643516
395 22 1638363 495 22 1640231 595 22 1643617
396 22 1638453 496 22 1640233 596 22 1643628
397 22 1638496 497 22 1640245 597 22 1643668
398 22 1638504 498 22 1640254 598 22 1644010
399 22 1638508 499 22 1640255 599 22 1644503
400 22 1638516 500 22 1640268 600 22 1644585
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
601 22 1645041 701 22 1648773 801 22 1649854
602 22 1645616 702 22 1648788 802 22 1649893
603 22 1645672 703 22 1648796 803 22 1649927
604 22 1645691 704 22 1648810 804 22 1649930
605 22 1645883 705 22 1648842 805 22 1649937
606 22 1646009 706 22 1648943 806 22 1649941
607 22 1646087 707 22 1648947 807 22 1649949
608 22 1646309 708 22 1648949 808 22 1649960
609 22 1646505 709 22 1648992 809 22 1649965
610 22 1646520 710 22 1649002 810 22 1649979
611 22 1646530 711 22 1649011 811 22 1649988
612 22 1646534 712 22 1649021 812 22 1650001
613 22 1646535 713 22 1649028 813 22 1650004
614 22 1646745 714 22 1649034 814 22 1650027
615 22 1646778 715 22 1649046 815 22 1650028
616 22 1646826 716 22 1649049 816 22 1650033
617 22 1646858 717 22 1649053 817 22 1650047
618 22 1646860 718 22 1649121 818 22 1650052
619 22 1646887 719 22 1649124 819 22 1650068
620 22 1646936 720 22 1649127 820 22 1650069
621 22 1646975 721 22 1649141 821 22 1650072
622 22 1646982 722 22 1649143 822 22 1650074
623 22 1646995 723 22 1649147 823 22 1650079
624 22 1647030 724 22 1649150 824 22 1650094
625 22 1647050 725 22 1649163 825 22 1650128
626 22 1647061 726 22 1649169 826 22 1650129
627 22 1647063 727 22 1649185 827 22 1650141
628 22 1647065 728 22 1649191 828 22 1650144
629 22 1647073 729 22 1649214 829 22 1650148
630 22 1647133 730 22 1649232 830 22 1650153
631 22 1647145 731 22 1649240 831 22 1650157
632 22 1647146 732 22 1649250 832 22 1650158
633 22 1647151 733 22 1649287 833 22 1650172
634 22 1647152 734 22 1649298 834 22 1650175
635 22 1647156 735 22 1649313 835 22 1650195
636 22 1647160 736 22 1649330 836 22 1650199
637 22 1647171 737 22 1649335 837 22 1650204
638 22 1647186 738 22 1649349 838 22 1650216
639 22 1647193 739 22 1649356 839 22 1650226
640 22 1647319 740 22 1649357 840 22 1650235
641 22 1647324 741 22 1649358 841 22 1650236
642 22 1647340 742 22 1649362 842 22 1650245
643 22 1647347 743 22 1649378 843 22 1650247
644 22 1647391 744 22 1649387 844 22 1650257
645 22 1647395 745 22 1649391 845 22 1650259
646 22 1647414 746 22 1649393 846 22 1650268
647 22 1647421 747 22 1649395 847 22 1650299
648 22 1647771 748 22 1649396 848 22 1650362
649 22 1647796 749 22 1649399 849 22 1650363
650 22 1647849 750 22 1649406 850 22 1650364
651 22 1647861 751 22 1649409 851 22 1650369
652 22 1647892 752 22 1649417 852 22 1650373
653 22 1647911 753 22 1649420 853 22 1650385
654 22 1647980 754 22 1649421 854 22 1650404
655 22 1648015 755 22 1649422 855 22 1650406
656 22 1648057 756 22 1649425 856 22 1650408
657 22 1648138 757 22 1649426 857 22 1650412
658 22 1648206 758 22 1649451 858 22 1650445
659 22 1648211 759 22 1649456 859 22 1650454
660 22 1648228 760 22 1649458 860 22 1650458
661 22 1648229 761 22 1649461 861 22 1650462
662 22 1648243 762 22 1649462 862 22 1650491
663 22 1648341 763 22 1649467 863 22 1650494
664 22 1648343 764 22 1649486 864 22 1650496
665 22 1648347 765 22 1649497 865 22 1650497
666 22 1648353 766 22 1649503 866 22 1650574
667 22 1648356 767 22 1649505 867 22 1650581
668 22 1648361 768 22 1649506 868 22 1650583
669 22 1648368 769 22 1649508 869 22 1650589
670 22 1648371 770 22 1649511 870 22 1650594
671 22 1648383 771 22 1649512 871 22 1650598
672 22 1648388 772 22 1649516 872 22 1650601
673 22 1648393 773 22 1649527 873 22 1650602
674 22 1648463 774 22 1649528 874 22 1650603
675 22 1648465 775 22 1649569 875 22 1650605
676 22 1648471 776 22 1649571 876 22 1650606
677 22 1648473 777 22 1649572 877 22 1650612
678 22 1648482 778 22 1649577 878 22 1650615
679 22 1648483 779 22 1649578 879 22 1650616
680 22 1648500 780 22 1649579 880 22 1650618
681 22 1648508 781 22 1649581 881 22 1650627
682 22 1648509 782 22 1649584 882 22 1650630
683 22 1648517 783 22 1649585 883 22 1650635
684 22 1648520 784 22 1649586 884 22 1650638
685 22 1648528 785 22 1649595 885 22 1650642
686 22 1648558 786 22 1649597 886 22 1650645
687 22 1648574 787 22 1649598 887 22 1650651
688 22 1648581 788 22 1649603 888 22 1650655
689 22 1648586 789 22 1649605 889 22 1650660
690 22 1648587 790 22 1649650 890 22 1650661
691 22 1648590 791 22 1649657 891 22 1650662
692 22 1648600 792 22 1649669 892 22 1650666
693 22 1648605 793 22 1649671 893 22 1650678
694 22 1648641 794 22 1649751 894 22 1650681
695 22 1648684 795 22 1649752 895 22 1650687
696 22 1648706 796 22 1649783 896 22 1650704
697 22 1648712 797 22 1649796 897 22 1650705
698 22 1648735 798 22 1649806 898 22 1650729
699 22 1648765 799 22 1649810 899 22 1650732
700 22 1648766 800 22 1649835 900 22 1650738
901 22 1650753 1,001 101 1603228 1,101 103 1607922
902 22 1650757 1,002 101 1603372 1,102 103 1607926
903 22 1650758 1,003 101 1603662 1,103 103 1608014
904 22 1650762 1,004 101 1603842 1,104 103 1608031
905 22 1650767 1,005 101 1603883 1,105 103 1608036
906 22 1650774 1,006 101 1603996 1,106 103 1608054
907 22 1650775 1,007 101 1604039 1,107 103 1608058
908 22 1650778 1,008 101 1604052 1,108 103 1608138
909 22 1650822 1,009 101 1604889 1,109 103 1608191
910 22 1650840 1,010 101 1604891 1,110 103 1608262
911 22 1650842 1,011 101 1605568 1,111 103 1608285
912 22 1650843 1,012 101 1605572 1,112 103 1608351
913 22 1650847 1,013 101 1605592 1,113 103 1608358
914 22 1650848 1,014 101 1605594 1,114 103 1608415
915 22 1650853 1,015 101 1605598 1,115 103 1608416
916 22 1650867 1,016 101 1605600 1,116 103 1608479
917 22 1650977 1,017 101 1605624 1,117 103 1608485
918 22 1650986 1,018 101 1605656 1,118 103 1608533
919 22 1651057 1,019 101 1605671 1,119 103 1608549
920 22 1651119 1,020 101 1605679 1,120 103 1608578
921 22 1651126 1,021 101 1605685 1,121 103 1608586
922 22 1651144 1,022 101 1605695 1,122 103 1608606
923 22 1651149 1,023 101 1605715 1,123 103 1608632
924 22 1651190 1,024 101 1605957 1,124 103 1608681
925 22 1651232 1,025 101 1605958 1,125 103 1608687
926 22 1651263 1,026 101 1605959 1,126 103 1608688
927 22 1651292 1,027 101 1605991 1,127 103 1608703
928 22 1651329 1,028 101 1606540 1,128 103 1608704
929 22 1651346 1,029 101 1606669 1,129 103 1608765
930 22 1651372 1,030 101 1606725 1,130 103 1608774
931 22 1651376 1,031 101 1606901 1,131 103 1608784
932 22 1651402 1,032 101 1607000 1,132 103 1608787
933 22 1651418 1,033 101 1607009 1,133 103 1608789
934 22 1651436 1,034 101 1607066 1,134 103 1608794
935 22 1651448 1,035 101 1607071 1,135 103 1608864
936 22 1651460 1,036 101 1607107 1,136 103 1609009
937 22 1651515 1,037 101 1607113 1,137 103 1609014
938 22 1651516 1,038 101 1607168 1,138 103 1609054
939 22 1651521 1,039 103 1605339 1,139 103 1609163
940 22 1651534 1,040 103 1605364 1,140 103 1609194
941 22 1651536 1,041 103 1605394 1,141 103 1609240
942 22 1651539 1,042 103 1605445 1,142 103 1609241
943 22 1651541 1,043 103 1605448 1,143 103 1609252
944 22 1651554 1,044 103 1605479 1,144 103 1609286
945 22 1651555 1,045 103 1605480 1,145 103 1609303
946 22 1651560 1,046 103 1605481 1,146 103 1609318
947 22 1651568 1,047 103 1605486 1,147 103 1609319
948 22 1651576 1,048 103 1605489 1,148 103 1609341
949 22 1651702 1,049 103 1605500 1,149 103 1609354
950 22 1651865 1,050 103 1605647 1,150 103 1609369
951 22 1651876 1,051 103 1605664 1,151 103 1609397
952 22 1651919 1,052 103 1605681 1,152 103 1609453
953 22 1651975 1,053 103 1605736 1,153 103 1609471
954 22 1651990 1,054 103 1605741 1,154 103 1609499
955 22 1651992 1,055 103 1605762 1,155 103 1609583
956 22 1651993 1,056 103 1605776 1,156 103 1609708
957 22 1651999 1,057 103 1605786 1,157 103 1609711
958 22 1652000 1,058 103 1605790 1,158 103 1609780
959 22 1652015 1,059 103 1605792 1,159 103 1609822
960 22 1652017 1,060 103 1605834 1,160 103 1609841
961 22 1652131 1,061 103 1605853 1,161 103 1609887
962 22 1652133 1,062 103 1605876 1,162 103 1609889
963 22 1652162 1,063 103 1605903 1,163 103 1609916
964 22 1652172 1,064 103 1605922 1,164 103 1609918
965 22 1652219 1,065 103 1605929 1,165 103 1609973
966 22 1652280 1,066 103 1605934 1,166 103 1610014
967 22 1652297 1,067 103 1606005 1,167 103 1610059
968 22 1652341 1,068 103 1606008 1,168 103 1610110
969 22 1652356 1,069 103 1606009 1,169 116 1608310
970 22 1652372 1,070 103 1606022 1,170 116 1608406
971 22 1652373 1,071 103 1606026 1,171 116 1608598
972 22 1652440 1,072 103 1606033 1,172 116 1608699
973 22 55600002 1,073 103 1606036 1,173 116 1608742
974 22 55600012 1,074 103 1606312 1,174 116 1608772
975 22 55600050 1,075 103 1606314 1,175 116 1608885
976 22 55600055 1,076 103 1606319 1,176 116 1609064
977 22 55600060 1,077 103 1606325 1,177 116 1609109
978 22 55600063 1,078 103 1606335 1,178 116 1609117
979 22 55600067 1,079 103 1606343 1,179 116 1609120
980 22 55600071 1,080 103 1606775 1,180 116 1609147
981 22 55600072 1,081 103 1607183 1,181 116 1609165
982 22 55600075 1,082 103 1607194 1,182 116 1609221
983 22 55600078 1,083 103 1607196 1,183 124 1605877
984 22 55600099 1,084 103 1607744 1,184 124 1605987
985 22 55600111 1,085 103 1607777 1,185 124 1606317
986 22 55600127 1,086 103 1607780 1,186 124 1610252
987 22 55600147 1,087 103 1607783 1,187 124 1610285
988 22 55600178 1,088 103 1607800 1,188 124 1610830
989 22 55600190 1,089 103 1607802 1,189 124 1610953
990 22 55600205 1,090 103 1607809 1,190 124 1611073
991 22 55600217 1,091 103 1607811 1,191 124 1611193
992 22 55600269 1,092 103 1607817 1,192 124 1611485
993 22 55600278 1,093 103 1607834 1,193 124 1629172
994 22 55600342 1,094 103 1607839 1,194 124 1629175
995 22 55600344 1,095 103 1607862 1,195 124 1629186
996 22 55600351 1,096 103 1607875 1,196 124 1634092
997 101 1600112 1,097 103 1607877 1,197 124 1634369
998 101 1600318 1,098 103 1607903 1,198 124 1634381
999 101 1603169 1,099 103 1607908 1,199 124 1639638
1,000 101 1603200 1,100 103 1607909 1,200 124 1640096
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
1,201 124 1640609 1,301 124 1648447 1,401 124 1649869
1,202 124 1641682 1,302 124 1648450 1,402 124 1649882
1,203 124 1644379 1,303 124 1648475 1,403 124 1649942
1,204 124 1644464 1,304 124 1648489 1,404 124 1649951
1,205 124 1644544 1,305 124 1648491 1,405 124 1650017
1,206 124 1644581 1,306 124 1648512 1,406 124 1650020
1,207 124 1645636 1,307 124 1648516 1,407 124 1650031
1,208 124 1646527 1,308 124 1648588 1,408 124 1650036
1,209 124 1646834 1,309 124 1648595 1,409 124 1650037
1,210 124 1646920 1,310 124 1648633 1,410 124 1650044
1,211 124 1646935 1,311 124 1648686 1,411 124 1650045
1,212 124 1646966 1,312 124 1648691 1,412 124 1650054
1,213 124 1646993 1,313 124 1648805 1,413 124 1650056
1,214 124 1647045 1,314 124 1649000 1,414 124 1650061
1,215 124 1647054 1,315 124 1649001 1,415 124 1650075
1,216 124 1647066 1,316 124 1649024 1,416 124 1650076
1,217 124 1647128 1,317 124 1649032 1,417 124 1650080
1,218 124 1647165 1,318 124 1649041 1,418 124 1650082
1,219 124 1647167 1,319 124 1649052 1,419 124 1650086
1,220 124 1647175 1,320 124 1649056 1,420 124 1650087
1,221 124 1647179 1,321 124 1649065 1,421 124 1650090
1,222 124 1647182 1,322 124 1649164 1,422 124 1650091
1,223 124 1647184 1,323 124 1649192 1,423 124 1650105
1,224 124 1647190 1,324 124 1649224 1,424 124 1650106
1,225 124 1647196 1,325 124 1649226 1,425 124 1650131
1,226 124 1647198 1,326 124 1649247 1,426 124 1650160
1,227 124 1647200 1,327 124 1649259 1,427 124 1650162
1,228 124 1647201 1,328 124 1649314 1,428 124 1650169
1,229 124 1647202 1,329 124 1649323 1,429 124 1650174
1,230 124 1647203 1,330 124 1649341 1,430 124 1650176
1,231 124 1647209 1,331 124 1649359 1,431 124 1650177
1,232 124 1647217 1,332 124 1649369 1,432 124 1650180
1,233 124 1647218 1,333 124 1649389 1,433 124 1650190
1,234 124 1647220 1,334 124 1649402 1,434 124 1650229
1,235 124 1647221 1,335 124 1649419 1,435 124 1650249
1,236 124 1647222 1,336 124 1649440 1,436 124 1650251
1,237 124 1647223 1,337 124 1649453 1,437 124 1650261
1,238 124 1647226 1,338 124 1649476 1,438 124 1650298
1,239 124 1647228 1,339 124 1649479 1,439 124 1650305
1,240 124 1647230 1,340 124 1649494 1,440 124 1650367
1,241 124 1647233 1,341 124 1649498 1,441 124 1650397
1,242 124 1647234 1,342 124 1649529 1,442 124 1650413
1,243 124 1647236 1,343 124 1649530 1,443 124 1650418
1,244 124 1647237 1,344 124 1649533 1,444 124 1650423
1,245 124 1647238 1,345 124 1649534 1,445 124 1650439
1,246 124 1647239 1,346 124 1649535 1,446 124 1650444
1,247 124 1647240 1,347 124 1649536 1,447 124 1650448
1,248 124 1647245 1,348 124 1649537 1,448 124 1650449
1,249 124 1647246 1,349 124 1649541 1,449 124 1650453
1,250 124 1647247 1,350 124 1649542 1,450 124 1650457
1,251 124 1647248 1,351 124 1649544 1,451 124 1650470
1,252 124 1647249 1,352 124 1649545 1,452 124 1650472
1,253 124 1647251 1,353 124 1649547 1,453 124 1650473
1,254 124 1647253 1,354 124 1649551 1,454 124 1650482
1,255 124 1647254 1,355 124 1649552 1,455 124 1650489
1,256 124 1647256 1,356 124 1649554 1,456 124 1650490
1,257 124 1647257 1,357 124 1649558 1,457 124 1650492
1,258 124 1647260 1,358 124 1649560 1,458 124 1650507
1,259 124 1647262 1,359 124 1649561 1,459 124 1650515
1,260 124 1647268 1,360 124 1649562 1,460 124 1650516
1,261 124 1647270 1,361 124 1649564 1,461 124 1650519
1,262 124 1647271 1,362 124 1649567 1,462 124 1650521
1,263 124 1647272 1,363 124 1649602 1,463 124 1650522
1,264 124 1647273 1,364 124 1649604 1,464 124 1650524
1,265 124 1647275 1,365 124 1649606 1,465 124 1650527
1,266 124 1647277 1,366 124 1649607 1,466 124 1650539
1,267 124 1647281 1,367 124 1649608 1,467 124 1650542
1,268 124 1647282 1,368 124 1649609 1,468 124 1650547
1,269 124 1647283 1,369 124 1649612 1,469 124 1650549
1,270 124 1647285 1,370 124 1649613 1,470 124 1650552
1,271 124 1647286 1,371 124 1649614 1,471 124 1650554
1,272 124 1647287 1,372 124 1649615 1,472 124 1650557
1,273 124 1647288 1,373 124 1649618 1,473 124 1650558
1,274 124 1647291 1,374 124 1649622 1,474 124 1650559
1,275 124 1647292 1,375 124 1649627 1,475 124 1650560
1,276 124 1647294 1,376 124 1649629 1,476 124 1650563
1,277 124 1647295 1,377 124 1649631 1,477 124 1650565
1,278 124 1647296 1,378 124 1649632 1,478 124 1650570
1,279 124 1647297 1,379 124 1649634 1,479 124 1650573
1,280 124 1647298 1,380 124 1649637 1,480 124 1650590
1,281 124 1647299 1,381 124 1649638 1,481 124 1650591
1,282 124 1647314 1,382 124 1649639 1,482 124 1650609
1,283 124 1647635 1,383 124 1649642 1,483 124 1650614
1,284 124 1648128 1,384 124 1649653 1,484 124 1650617
1,285 124 1648171 1,385 124 1649658 1,485 124 1650622
1,286 124 1648186 1,386 124 1649662 1,486 124 1650623
1,287 124 1648200 1,387 124 1649673 1,487 124 1650644
1,288 124 1648204 1,388 124 1649684 1,488 124 1650652
1,289 124 1648230 1,389 124 1649690 1,489 124 1650658
1,290 124 1648242 1,390 124 1649696 1,490 124 1650663
1,291 124 1648345 1,391 124 1649704 1,491 124 1650675
1,292 124 1648346 1,392 124 1649719 1,492 124 1650683
1,293 124 1648355 1,393 124 1649737 1,493 124 1650684
1,294 124 1648359 1,394 124 1649756 1,494 124 1650691
1,295 124 1648366 1,395 124 1649763 1,495 124 1650694
1,296 124 1648373 1,396 124 1649765 1,496 124 1650697
1,297 124 1648375 1,397 124 1649769 1,497 124 1650701
1,298 124 1648385 1,398 124 1649770 1,498 124 1650707
1,299 124 1648402 1,399 124 1649784 1,499 124 1650711
1,300 124 1648410 1,400 124 1649800 1,500 124 1650712
1,501 124 1650713 1,601 124 1651135 1,701 124 1651471
1,502 124 1650714 1,602 124 1651138 1,702 124 1651473
1,503 124 1650716 1,603 124 1651140 1,703 124 1651474
1,504 124 1650717 1,604 124 1651141 1,704 124 1651477
1,505 124 1650721 1,605 124 1651143 1,705 124 1651478
1,506 124 1650726 1,606 124 1651146 1,706 124 1651479
1,507 124 1650727 1,607 124 1651147 1,707 124 1651480
1,508 124 1650731 1,608 124 1651148 1,708 124 1651481
1,509 124 1650734 1,609 124 1651150 1,709 124 1651483
1,510 124 1650735 1,610 124 1651158 1,710 124 1651484
1,511 124 1650736 1,611 124 1651159 1,711 124 1651485
1,512 124 1650737 1,612 124 1651162 1,712 124 1651486
1,513 124 1650739 1,613 124 1651171 1,713 124 1651494
1,514 124 1650741 1,614 124 1651181 1,714 124 1651496
1,515 124 1650748 1,615 124 1651186 1,715 124 1651498
1,516 124 1650752 1,616 124 1651188 1,716 124 1651499
1,517 124 1650759 1,617 124 1651197 1,717 124 1651501
1,518 124 1650760 1,618 124 1651202 1,718 124 1651509
1,519 124 1650764 1,619 124 1651203 1,719 124 1651512
1,520 124 1650773 1,620 124 1651204 1,720 124 1651528
1,521 124 1650779 1,621 124 1651209 1,721 124 1651531
1,522 124 1650781 1,622 124 1651210 1,722 124 1651538
1,523 124 1650786 1,623 124 1651215 1,723 124 1651540
1,524 124 1650799 1,624 124 1651216 1,724 124 1651542
1,525 124 1650801 1,625 124 1651221 1,725 124 1651544
1,526 124 1650804 1,626 124 1651223 1,726 124 1651545
1,527 124 1650807 1,627 124 1651225 1,727 124 1651551
1,528 124 1650808 1,628 124 1651230 1,728 124 1651563
1,529 124 1650809 1,629 124 1651233 1,729 124 1651564
1,530 124 1650819 1,630 124 1651237 1,730 124 1651566
1,531 124 1650820 1,631 124 1651240 1,731 124 1651567
1,532 124 1650827 1,632 124 1651242 1,732 124 1651571
1,533 124 1650829 1,633 124 1651243 1,733 124 1651572
1,534 124 1650830 1,634 124 1651244 1,734 124 1651575
1,535 124 1650832 1,635 124 1651246 1,735 124 1651579
1,536 124 1650833 1,636 124 1651249 1,736 124 1651581
1,537 124 1650837 1,637 124 1651253 1,737 124 1651582
1,538 124 1650838 1,638 124 1651257 1,738 124 1651584
1,539 124 1650839 1,639 124 1651259 1,739 124 1651587
1,540 124 1650857 1,640 124 1651260 1,740 124 1651588
1,541 124 1650859 1,641 124 1651261 1,741 124 1651590
1,542 124 1650860 1,642 124 1651264 1,742 124 1651592
1,543 124 1650864 1,643 124 1651267 1,743 124 1651594
1,544 124 1650868 1,644 124 1651272 1,744 124 1651596
1,545 124 1650873 1,645 124 1651281 1,745 124 1651597
1,546 124 1650877 1,646 124 1651282 1,746 124 1651598
1,547 124 1650878 1,647 124 1651288 1,747 124 1651608
1,548 124 1650879 1,648 124 1651291 1,748 124 1651609
1,549 124 1650880 1,649 124 1651293 1,749 124 1651610
1,550 124 1650882 1,650 124 1651294 1,750 124 1651611
1,551 124 1650883 1,651 124 1651296 1,751 124 1651618
1,552 124 1650884 1,652 124 1651299 1,752 124 1651619
1,553 124 1650915 1,653 124 1651300 1,753 124 1651622
1,554 124 1650918 1,654 124 1651303 1,754 124 1651623
1,555 124 1650923 1,655 124 1651307 1,755 124 1651626
1,556 124 1650924 1,656 124 1651310 1,756 124 1651627
1,557 124 1650925 1,657 124 1651313 1,757 124 1651628
1,558 124 1650926 1,658 124 1651315 1,758 124 1651629
1,559 124 1650927 1,659 124 1651317 1,759 124 1651631
1,560 124 1650973 1,660 124 1651323 1,760 124 1651641
1,561 124 1650984 1,661 124 1651325 1,761 124 1651680
1,562 124 1650989 1,662 124 1651328 1,762 124 1651684
1,563 124 1651014 1,663 124 1651331 1,763 124 1651685
1,564 124 1651022 1,664 124 1651338 1,764 124 1651686
1,565 124 1651023 1,665 124 1651340 1,765 124 1651689
1,566 124 1651026 1,666 124 1651342 1,766 124 1651690
1,567 124 1651027 1,667 124 1651349 1,767 124 1651693
1,568 124 1651029 1,668 124 1651350 1,768 124 1651695
1,569 124 1651030 1,669 124 1651369 1,769 124 1651698
1,570 124 1651032 1,670 124 1651375 1,770 124 1651699
1,571 124 1651034 1,671 124 1651380 1,771 124 1651700
1,572 124 1651037 1,672 124 1651381 1,772 124 1651704
1,573 124 1651046 1,673 124 1651388 1,773 124 1651705
1,574 124 1651052 1,674 124 1651389 1,774 124 1651706
1,575 124 1651064 1,675 124 1651390 1,775 124 1651712
1,576 124 1651069 1,676 124 1651391 1,776 124 1651714
1,577 124 1651073 1,677 124 1651395 1,777 124 1651720
1,578 124 1651074 1,678 124 1651400 1,778 124 1651724
1,579 124 1651081 1,679 124 1651401 1,779 124 1651727
1,580 124 1651083 1,680 124 1651405 1,780 124 1651729
1,581 124 1651084 1,681 124 1651407 1,781 124 1651730
1,582 124 1651087 1,682 124 1651408 1,782 124 1651731
1,583 124 1651089 1,683 124 1651409 1,783 124 1651733
1,584 124 1651090 1,684 124 1651411 1,784 124 1651735
1,585 124 1651092 1,685 124 1651412 1,785 124 1651737
1,586 124 1651093 1,686 124 1651413 1,786 124 1651739
1,587 124 1651094 1,687 124 1651417 1,787 124 1651740
1,588 124 1651096 1,688 124 1651420 1,788 124 1651743
1,589 124 1651098 1,689 124 1651421 1,789 124 1651749
1,590 124 1651100 1,690 124 1651428 1,790 124 1651751
1,591 124 1651102 1,691 124 1651437 1,791 124 1651752
1,592 124 1651105 1,692 124 1651445 1,792 124 1651757
1,593 124 1651106 1,693 124 1651446 1,793 124 1651758
1,594 124 1651114 1,694 124 1651449 1,794 124 1651760
1,595 124 1651118 1,695 124 1651450 1,795 124 1651763
1,596 124 1651122 1,696 124 1651459 1,796 124 1651768
1,597 124 1651123 1,697 124 1651462 1,797 124 1651769
1,598 124 1651128 1,698 124 1651463 1,798 124 1651789
1,599 124 1651131 1,699 124 1651468 1,799 124 1651790
1,600 124 1651134 1,700 124 1651469 1,800 124 1651791
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
1,801 124 1651792 1,901 124 1652117 2,001 124 1652347
1,802 124 1651793 1,902 124 1652118 2,002 124 1652348
1,803 124 1651797 1,903 124 1652119 2,003 124 1652357
1,804 124 1651803 1,904 124 1652120 2,004 124 1652358
1,805 124 1651807 1,905 124 1652121 2,005 124 1652359
1,806 124 1651810 1,906 124 1652122 2,006 124 1652360
1,807 124 1651814 1,907 124 1652123 2,007 124 1652361
1,808 124 1651819 1,908 124 1652124 2,008 124 1652369
1,809 124 1651820 1,909 124 1652125 2,009 124 1652371
1,810 124 1651823 1,910 124 1652139 2,010 124 1652375
1,811 124 1651827 1,911 124 1652140 2,011 124 1652378
1,812 124 1651830 1,912 124 1652143 2,012 124 1652379
1,813 124 1651831 1,913 124 1652145 2,013 124 1652380
1,814 124 1651837 1,914 124 1652146 2,014 124 1652382
1,815 124 1651840 1,915 124 1652147 2,015 124 1652384
1,816 124 1651842 1,916 124 1652156 2,016 124 1652385
1,817 124 1651843 1,917 124 1652157 2,017 124 1652387
1,818 124 1651844 1,918 124 1652158 2,018 124 1652388
1,819 124 1651845 1,919 124 1652166 2,019 124 1652390
1,820 124 1651847 1,920 124 1652167 2,020 124 1652392
1,821 124 1651856 1,921 124 1652168 2,021 124 1652393
1,822 124 1651862 1,922 124 1652171 2,022 124 1652394
1,823 124 1651864 1,923 124 1652174 2,023 124 1652396
1,824 124 1651867 1,924 124 1652175 2,024 124 1652397
1,825 124 1651879 1,925 124 1652178 2,025 124 1652398
1,826 124 1651880 1,926 124 1652181 2,026 124 1652400
1,827 124 1651881 1,927 124 1652186 2,027 124 1652403
1,828 124 1651882 1,928 124 1652192 2,028 124 1652404
1,829 124 1651883 1,929 124 1652194 2,029 124 1652409
1,830 124 1651886 1,930 124 1652197 2,030 124 1652411
1,831 124 1651891 1,931 124 1652200 2,031 124 1652412
1,832 124 1651892 1,932 124 1652201 2,032 124 1652413
1,833 124 1651893 1,933 124 1652202 2,033 124 1652415
1,834 124 1651894 1,934 124 1652206 2,034 124 1652417
1,835 124 1651896 1,935 124 1652210 2,035 124 1652418
1,836 124 1651900 1,936 124 1652211 2,036 124 1652421
1,837 124 1651903 1,937 124 1652213 2,037 124 1652422
1,838 124 1651904 1,938 124 1652215 2,038 124 1652423
1,839 124 1651909 1,939 124 1652216 2,039 124 1652424
1,840 124 1651910 1,940 124 1652218 2,040 124 1652425
1,841 124 1651913 1,941 124 1652220 2,041 124 1652426
1,842 124 1651920 1,942 124 1652221 2,042 124 1652427
1,843 124 1651928 1,943 124 1652225 2,043 124 1652433
1,844 124 1651933 1,944 124 1652227 2,044 124 1652434
1,845 124 1651935 1,945 124 1652229 2,045 124 1652435
1,846 124 1651936 1,946 124 1652230 2,046 124 1652439
1,847 124 1651942 1,947 124 1652233 2,047 124 1652445
1,848 124 1651944 1,948 124 1652234 2,048 124 1652453
1,849 124 1651947 1,949 124 1652236 2,049 124 1652454
1,850 124 1651950 1,950 124 1652239 2,050 124 1652455
1,851 124 1651951 1,951 124 1652240 2,051 124 1652458
1,852 124 1651958 1,952 124 1652247 2,052 124 1652460
1,853 124 1651959 1,953 124 1652248 2,053 124 1652465
1,854 124 1651963 1,954 124 1652250 2,054 124 1652467
1,855 124 1651968 1,955 124 1652251 2,055 124 1652468
1,856 124 1651969 1,956 124 1652256 2,056 124 1652469
1,857 124 1651971 1,957 124 1652257 2,057 124 1652470
1,858 124 1651972 1,958 124 1652260 2,058 124 1652476
1,859 124 1651974 1,959 124 1652261 2,059 124 1652477
1,860 124 1651977 1,960 124 1652268 2,060 124 1652478
1,861 124 1651981 1,961 124 1652269 2,061 124 1652479
1,862 124 1651986 1,962 124 1652270 2,062 124 1652480
1,863 124 1651989 1,963 124 1652271 2,063 124 1652483
1,864 124 1651998 1,964 124 1652273 2,064 124 1652485
1,865 124 1652006 1,965 124 1652276 2,065 124 1652486
1,866 124 1652010 1,966 124 1652277 2,066 124 1652487
1,867 124 1652011 1,967 124 1652278 2,067 124 1652490
1,868 124 1652013 1,968 124 1652279 2,068 124 1652492
1,869 124 1652016 1,969 124 1652285 2,069 124 1652493
1,870 124 1652018 1,970 124 1652286 2,070 124 1652494
1,871 124 1652019 1,971 124 1652290 2,071 124 1652496
1,872 124 1652023 1,972 124 1652292 2,072 124 1652497
1,873 124 1652024 1,973 124 1652296 2,073 124 1652500
1,874 124 1652032 1,974 124 1652300 2,074 124 1652501
1,875 124 1652034 1,975 124 1652301 2,075 124 1652502
1,876 124 1652035 1,976 124 1652302 2,076 124 1652511
1,877 124 1652036 1,977 124 1652303 2,077 124 1652514
1,878 124 1652037 1,978 124 1652304 2,078 124 1652515
1,879 124 1652038 1,979 124 1652306 2,079 124 1652517
1,880 124 1652039 1,980 124 1652307 2,080 124 1652518
1,881 124 1652041 1,981 124 1652309 2,081 124 1652521
1,882 124 1652081 1,982 124 1652312 2,082 124 1652522
1,883 124 1652082 1,983 124 1652313 2,083 124 1652523
1,884 124 1652085 1,984 124 1652314 2,084 124 1652526
1,885 124 1652086 1,985 124 1652316 2,085 124 1652531
1,886 124 1652087 1,986 124 1652317 2,086 124 1652534
1,887 124 1652088 1,987 124 1652318 2,087 124 1652535
1,888 124 1652089 1,988 124 1652322 2,088 124 1652537
1,889 124 1652094 1,989 124 1652325 2,089 124 1652541
1,890 124 1652095 1,990 124 1652326 2,090 124 1652544
1,891 124 1652096 1,991 124 1652328 2,091 124 1652546
1,892 124 1652099 1,992 124 1652329 2,092 124 1652547
1,893 124 1652100 1,993 124 1652330 2,093 124 1652551
1,894 124 1652102 1,994 124 1652334 2,094 124 1652553
1,895 124 1652103 1,995 124 1652336 2,095 124 1652556
1,896 124 1652104 1,996 124 1652337 2,096 124 1652557
1,897 124 1652108 1,997 124 1652338 2,097 124 1652558
1,898 124 1652110 1,998 124 1652339 2,098 124 1652559
1,899 124 1652111 1,999 124 1652343 2,099 124 1652560
1,900 124 1652112 2,000 124 1652345 2,100 124 1652650
2,101 124 1652652 2,201 124 1652871 2,301 124 1653057
2,102 124 1652653 2,202 124 1652872 2,302 124 1653058
2,103 124 1652654 2,203 124 1652873 2,303 124 1653062
2,104 124 1652655 2,204 124 1652877 2,304 124 1653067
2,105 124 1652657 2,205 124 1652879 2,305 124 1653070
2,106 124 1652663 2,206 124 1652880 2,306 124 1653073
2,107 124 1652664 2,207 124 1652881 2,307 124 1653074
2,108 124 1652665 2,208 124 1652884 2,308 124 1653076
2,109 124 1652666 2,209 124 1652893 2,309 124 1653078
2,110 124 1652668 2,210 124 1652897 2,310 124 1653081
2,111 124 1652671 2,211 124 1652898 2,311 124 1653082
2,112 124 1652674 2,212 124 1652900 2,312 124 1653086
2,113 124 1652675 2,213 124 1652901 2,313 124 1653087
2,114 124 1652676 2,214 124 1652902 2,314 124 1653221
2,115 124 1652678 2,215 124 1652905 2,315 124 1653222
2,116 124 1652681 2,216 124 1652906 2,316 124 1653224
2,117 124 1652682 2,217 124 1652912 2,317 124 1653226
2,118 124 1652683 2,218 124 1652914 2,318 124 1653229
2,119 124 1652684 2,219 124 1652916 2,319 124 1653232
2,120 124 1652693 2,220 124 1652917 2,320 124 1653233
2,121 124 1652698 2,221 124 1652918 2,321 124 1653235
2,122 124 1652700 2,222 124 1652920 2,322 124 1653236
2,123 124 1652702 2,223 124 1652923 2,323 124 1653238
2,124 124 1652703 2,224 124 1652924 2,324 124 1653239
2,125 124 1652705 2,225 124 1652925 2,325 124 1653240
2,126 124 1652706 2,226 124 1652926 2,326 124 1653241
2,127 124 1652707 2,227 124 1652928 2,327 124 1653243
2,128 124 1652708 2,228 124 1652929 2,328 124 1653245
2,129 124 1652709 2,229 124 1652931 2,329 124 1653247
2,130 124 1652710 2,230 124 1652932 2,330 124 1653251
2,131 124 1652711 2,231 124 1652934 2,331 124 1653252
2,132 124 1652712 2,232 124 1652935 2,332 124 1653254
2,133 124 1652717 2,233 124 1652936 2,333 124 1653257
2,134 124 1652720 2,234 124 1652937 2,334 124 1653258
2,135 124 1652724 2,235 124 1652938 2,335 124 1653259
2,136 124 1652725 2,236 124 1652939 2,336 124 1653260
2,137 124 1652726 2,237 124 1652940 2,337 124 1653263
2,138 124 1652727 2,238 124 1652941 2,338 124 1653264
2,139 124 1652728 2,239 124 1652943 2,339 124 1653265
2,140 124 1652730 2,240 124 1652944 2,340 124 1653266
2,141 124 1652731 2,241 124 1652945 2,341 124 1653267
2,142 124 1652732 2,242 124 1652946 2,342 124 1653270
2,143 124 1652733 2,243 124 1652947 2,343 124 1653271
2,144 124 1652735 2,244 124 1652948 2,344 124 1653273
2,145 124 1652736 2,245 124 1652950 2,345 124 1653277
2,146 124 1652741 2,246 124 1652951 2,346 124 1653278
2,147 124 1652744 2,247 124 1652952 2,347 124 1653280
2,148 124 1652745 2,248 124 1652953 2,348 124 1653281
2,149 124 1652746 2,249 124 1652954 2,349 124 1653282
2,150 124 1652747 2,250 124 1652957 2,350 124 1653283
2,151 124 1652753 2,251 124 1652958 2,351 124 1653284
2,152 124 1652754 2,252 124 1652960 2,352 124 1653285
2,153 124 1652755 2,253 124 1652961 2,353 124 1653287
2,154 124 1652756 2,254 124 1652962 2,354 124 1653288
2,155 124 1652759 2,255 124 1652963 2,355 124 1653289
2,156 124 1652760 2,256 124 1652965 2,356 124 1653291
2,157 124 1652761 2,257 124 1652969 2,357 124 1653293
2,158 124 1652762 2,258 124 1652970 2,358 124 1653294
2,159 124 1652763 2,259 124 1652976 2,359 124 1653297
2,160 124 1652766 2,260 124 1652977 2,360 124 1653298
2,161 124 1652767 2,261 124 1652978 2,361 124 54600000
2,162 124 1652768 2,262 124 1652979 2,362 124 54600001
2,163 124 1652769 2,263 124 1652982 2,363 124 54600003
2,164 124 1652771 2,264 124 1652986 2,364 124 54600004
2,165 124 1652772 2,265 124 1652988 2,365 124 54600005
2,166 124 1652775 2,266 124 1652989 2,366 124 54600008
2,167 124 1652776 2,267 124 1652992 2,367 124 54600009
2,168 124 1652778 2,268 124 1652997 2,368 124 54600010
2,169 124 1652779 2,269 124 1652999 2,369 124 54600011
2,170 124 1652781 2,270 124 1653002 2,370 124 54600012
2,171 124 1652782 2,271 124 1653006 2,371 124 54600013
2,172 124 1652783 2,272 124 1653007 2,372 124 54600014
2,173 124 1652784 2,273 124 1653008 2,373 124 54600015
2,174 124 1652785 2,274 124 1653010 2,374 124 54600016
2,175 124 1652788 2,275 124 1653014 2,375 124 54600017
2,176 124 1652789 2,276 124 1653015 2,376 124 54600019
2,177 124 1652790 2,277 124 1653016 2,377 124 54600020
2,178 124 1652792 2,278 124 1653018 2,378 124 54600021
2,179 124 1652794 2,279 124 1653019 2,379 124 54600022
2,180 124 1652796 2,280 124 1653021 2,380 124 54600023
2,181 124 1652798 2,281 124 1653024 2,381 124 54600025
2,182 124 1652800 2,282 124 1653025 2,382 124 54600027
2,183 124 1652801 2,283 124 1653028 2,383 124 54600028
2,184 124 1652802 2,284 124 1653029 2,384 124 54600030
2,185 124 1652803 2,285 124 1653031 2,385 124 54600032
2,186 124 1652825 2,286 124 1653032 2,386 124 54600034
2,187 124 1652830 2,287 124 1653034 2,387 124 54600035
2,188 124 1652832 2,288 124 1653035 2,388 124 54600037
2,189 124 1652833 2,289 124 1653036 2,389 124 54600039
2,190 124 1652834 2,290 124 1653037 2,390 124 54600040
2,191 124 1652837 2,291 124 1653038 2,391 124 54600041
2,192 124 1652842 2,292 124 1653044 2,392 124 54600044
2,193 124 1652843 2,293 124 1653045 2,393 124 54600046
2,194 124 1652845 2,294 124 1653048 2,394 124 54600050
2,195 124 1652849 2,295 124 1653049 2,395 124 54600051
2,196 124 1652855 2,296 124 1653050 2,396 124 54600052
2,197 124 1652856 2,297 124 1653051 2,397 124 54600053
2,198 124 1652857 2,298 124 1653052 2,398 124 54600054
2,199 124 1652864 2,299 124 1653053 2,399 124 54600056
2,200 124 1652866 2,300 124 1653054 2,400 124 54600058
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
2,401 124 54600059 2,501 124 54600207 2,601 124 54600351
2,402 124 54600060 2,502 124 54600208 2,602 124 54600354
2,403 124 54600061 2,503 124 54600213 2,603 124 54600356
2,404 124 54600062 2,504 124 54600214 2,604 124 54600359
2,405 124 54600063 2,505 124 54600215 2,605 124 54600360
2,406 124 54600067 2,506 124 54600216 2,606 124 54600361
2,407 124 54600068 2,507 124 54600217 2,607 124 54600362
2,408 124 54600072 2,508 124 54600219 2,608 124 54600364
2,409 124 54600075 2,509 124 54600221 2,609 124 54600365
2,410 124 54600076 2,510 124 54600222 2,610 124 54600366
2,411 124 54600077 2,511 124 54600224 2,611 124 54600367
2,412 124 54600078 2,512 124 54600227 2,612 124 54600369
2,413 124 54600079 2,513 124 54600228 2,613 124 54600371
2,414 124 54600080 2,514 124 54600230 2,614 124 54600372
2,415 124 54600082 2,515 124 54600232 2,615 124 54600373
2,416 124 54600083 2,516 124 54600233 2,616 124 54600375
2,417 124 54600084 2,517 124 54600234 2,617 124 54600376
2,418 124 54600085 2,518 124 54600235 2,618 124 54600377
2,419 124 54600086 2,519 124 54600237 2,619 124 54600379
2,420 124 54600087 2,520 124 54600238 2,620 124 54600380
2,421 124 54600088 2,521 124 54600239 2,621 124 54600381
2,422 124 54600090 2,522 124 54600240 2,622 124 54600382
2,423 124 54600093 2,523 124 54600241 2,623 124 54600384
2,424 124 54600095 2,524 124 54600242 2,624 124 54600386
2,425 124 54600096 2,525 124 54600243 2,625 124 54600388
2,426 124 54600097 2,526 124 54600244 2,626 124 54600389
2,427 124 54600098 2,527 124 54600245 2,627 124 54600390
2,428 124 54600099 2,528 124 54600246 2,628 124 54600393
2,429 124 54600105 2,529 124 54600248 2,629 124 54600394
2,430 124 54600106 2,530 124 54600249 2,630 124 54600395
2,431 124 54600107 2,531 124 54600250 2,631 124 54600397
2,432 124 54600108 2,532 124 54600252 2,632 124 54600398
2,433 124 54600109 2,533 124 54600254 2,633 124 54600399
2,434 124 54600111 2,534 124 54600257 2,634 124 54600401
2,435 124 54600113 2,535 124 54600259 2,635 124 54600402
2,436 124 54600114 2,536 124 54600260 2,636 124 54600403
2,437 124 54600115 2,537 124 54600262 2,637 124 54600404
2,438 124 54600118 2,538 124 54600263 2,638 124 54600409
2,439 124 54600119 2,539 124 54600264 2,639 124 54600410
2,440 124 54600120 2,540 124 54600265 2,640 124 54600411
2,441 124 54600121 2,541 124 54600266 2,641 124 54600412
2,442 124 54600122 2,542 124 54600268 2,642 124 54600413
2,443 124 54600127 2,543 124 54600269 2,643 124 54600414
2,444 124 54600128 2,544 124 54600271 2,644 124 54600415
2,445 124 54600131 2,545 124 54600272 2,645 124 54600418
2,446 124 54600132 2,546 124 54600273 2,646 124 54600419
2,447 124 54600134 2,547 124 54600274 2,647 124 54600420
2,448 124 54600135 2,548 124 54600275 2,648 124 54600421
2,449 124 54600136 2,549 124 54600276 2,649 124 54600423
2,450 124 54600141 2,550 124 54600277 2,650 124 54600425
2,451 124 54600142 2,551 124 54600278 2,651 124 54600426
2,452 124 54600144 2,552 124 54600279 2,652 124 54600427
2,453 124 54600145 2,553 124 54600280 2,653 124 54600428
2,454 124 54600147 2,554 124 54600281 2,654 124 54600430
2,455 124 54600148 2,555 124 54600282 2,655 124 54600432
2,456 124 54600149 2,556 124 54600285 2,656 124 54600434
2,457 124 54600150 2,557 124 54600286 2,657 124 54600435
2,458 124 54600151 2,558 124 54600287 2,658 124 54600436
2,459 124 54600152 2,559 124 54600288 2,659 124 54600437
2,460 124 54600154 2,560 124 54600289 2,660 124 54600438
2,461 124 54600155 2,561 124 54600291 2,661 124 54600439
2,462 124 54600157 2,562 124 54600295 2,662 124 54600441
2,463 124 54600158 2,563 124 54600296 2,663 124 54600442
2,464 124 54600159 2,564 124 54600297 2,664 124 54600443
2,465 124 54600160 2,565 124 54600299 2,665 124 54600444
2,466 124 54600162 2,566 124 54600301 2,666 124 54600445
2,467 124 54600163 2,567 124 54600302 2,667 124 54600447
2,468 124 54600166 2,568 124 54600303 2,668 124 54600448
2,469 124 54600167 2,569 124 54600304 2,669 124 54600449
2,470 124 54600168 2,570 124 54600306 2,670 124 54600450
2,471 124 54600169 2,571 124 54600307 2,671 124 54600452
2,472 124 54600170 2,572 124 54600309 2,672 124 54600453
2,473 124 54600171 2,573 124 54600310 2,673 124 54600454
2,474 124 54600173 2,574 124 54600311 2,674 124 54600455
2,475 124 54600175 2,575 124 54600312 2,675 124 54600456
2,476 124 54600176 2,576 124 54600313 2,676 124 54600458
2,477 124 54600178 2,577 124 54600316 2,677 124 54600460
2,478 124 54600179 2,578 124 54600317 2,678 124 54600461
2,479 124 54600180 2,579 124 54600318 2,679 124 54600463
2,480 124 54600182 2,580 124 54600319 2,680 124 54600467
2,481 124 54600183 2,581 124 54600320 2,681 124 54600468
2,482 124 54600184 2,582 124 54600321 2,682 124 54600469
2,483 124 54600186 2,583 124 54600322 2,683 124 54600470
2,484 124 54600187 2,584 124 54600324 2,684 124 54600472
2,485 124 54600188 2,585 124 54600326 2,685 124 54600473
2,486 124 54600189 2,586 124 54600328 2,686 124 54600474
2,487 124 54600190 2,587 124 54600329 2,687 124 54600475
2,488 124 54600191 2,588 124 54600331 2,688 124 54600476
2,489 124 54600192 2,589 124 54600332 2,689 124 54600477
2,490 124 54600193 2,590 124 54600333 2,690 124 54600478
2,491 124 54600194 2,591 124 54600334 2,691 124 54600479
2,492 124 54600195 2,592 124 54600336 2,692 124 54600483
2,493 124 54600196 2,593 124 54600340 2,693 124 54600486
2,494 124 54600197 2,594 124 54600342 2,694 124 54600487
2,495 124 54600198 2,595 124 54600343 2,695 124 54600488
2,496 124 54600199 2,596 124 54600346 2,696 124 54600489
2,497 124 54600201 2,597 124 54600347 2,697 124 54600491
2,498 124 54600202 2,598 124 54600348 2,698 124 54600492
2,499 124 54600204 2,599 124 54600349 2,699 124 54600493
2,500 124 54600205 2,600 124 54600350 2,700 124 54600494
2,701 124 54600495 2,801 124 54600655 2,901 124 55600315
2,702 124 54600496 2,802 124 54600657 2,902 124 55600317
2,703 124 54600497 2,803 124 54600658 2,903 124 55600321
2,704 124 54600501 2,804 124 54600660 2,904 124 55600322
2,705 124 54600503 2,805 124 54600664 2,905 124 55600324
2,706 124 54600504 2,806 124 54600668 2,906 124 55600325
2,707 124 54600505 2,807 124 54600672 2,907 124 55600329
2,708 124 54600506 2,808 124 54600675 2,908 124 55600330
2,709 124 54600507 2,809 124 55600007 2,909 124 55600333
2,710 124 54600508 2,810 124 55600015 2,910 124 55600334
2,711 124 54600509 2,811 124 55600019 2,911 124 55600335
2,712 124 54600510 2,812 124 55600025 2,912 124 55600337
2,713 124 54600511 2,813 124 55600042 2,913 124 55600340
2,714 124 54600513 2,814 124 55600056 2,914 124 55600341
2,715 124 54600514 2,815 124 55600065 2,915 124 55600345
2,716 124 54600518 2,816 124 55600069 2,916 124 55600346
2,717 124 54600519 2,817 124 55600076 2,917 124 55600349
2,718 124 54600521 2,818 124 55600079 2,918 124 55600352
2,719 124 54600523 2,819 124 55600080 2,919 124 55600355
2,720 124 54600524 2,820 124 55600088 2,920 124 55600360
2,721 124 54600525 2,821 124 55600090 2,921 124 55600364
2,722 124 54600526 2,822 124 55600093 2,922 124 55600366
2,723 124 54600527 2,823 124 55600094 2,923 124 55600367
2,724 124 54600528 2,824 124 55600096 2,924 124 55600368
2,725 124 54600529 2,825 124 55600097 2,925 124 55600371
2,726 124 54600530 2,826 124 55600104 2,926 124 55600372
2,727 124 54600531 2,827 124 55600108 2,927 124 55600374
2,728 124 54600536 2,828 124 55600115 2,928 124 55600381
2,729 124 54600537 2,829 124 55600116 2,929 124 55600382
2,730 124 54600538 2,830 124 55600128 2,930 124 55600384
2,731 124 54600540 2,831 124 55600129 2,931 124 55600386
2,732 124 54600541 2,832 124 55600131 2,932 124 55600387
2,733 124 54600542 2,833 124 55600132 2,933 124 55600390
2,734 124 54600543 2,834 124 55600134 2,934 124 55600391
2,735 124 54600544 2,835 124 55600138 2,935 124 55600396
2,736 124 54600546 2,836 124 55600139 2,936 124 55600399
2,737 124 54600549 2,837 124 55600140 2,937 124 55600401
2,738 124 54600550 2,838 124 55600145 2,938 124 55600402
2,739 124 54600551 2,839 124 55600160 2,939 124 55600403
2,740 124 54600552 2,840 124 55600161 2,940 124 55600404
2,741 124 54600553 2,841 124 55600162 2,941 124 55600407
2,742 124 54600555 2,842 124 55600167 2,942 124 55600408
2,743 124 54600558 2,843 124 55600168 2,943 124 55600410
2,744 124 54600561 2,844 124 55600169 2,944 124 55600411
2,745 124 54600562 2,845 124 55600170 2,945 124 55600412
2,746 124 54600564 2,846 124 55600171 2,946 124 55600413
2,747 124 54600565 2,847 124 55600172 2,947 124 55600414
2,748 124 54600566 2,848 124 55600175 2,948 124 55600416
2,749 124 54600568 2,849 124 55600179 2,949 124 55600418
2,750 124 54600569 2,850 124 55600185 2,950 124 55600420
2,751 124 54600571 2,851 124 55600186 2,951 124 55600422
2,752 124 54600572 2,852 124 55600187 2,952 124 55600423
2,753 124 54600573 2,853 124 55600189 2,953 124 55600425
2,754 124 54600574 2,854 124 55600193 2,954 124 55600426
2,755 124 54600579 2,855 124 55600194 2,955 124 55600428
2,756 124 54600580 2,856 124 55600195 2,956 124 55600433
2,757 124 54600582 2,857 124 55600197 2,957 124 55600434
2,758 124 54600583 2,858 124 55600203 2,958 124 55600435
2,759 124 54600584 2,859 124 55600207 2,959 124 55600436
2,760 124 54600585 2,860 124 55600208 2,960 124 55600437
2,761 124 54600586 2,861 124 55600209 2,961 124 55600438
2,762 124 54600587 2,862 124 55600211 2,962 124 55600440
2,763 124 54600588 2,863 124 55600212 2,963 124 55600441
2,764 124 54600589 2,864 124 55600213 2,964 124 55600442
2,765 124 54600590 2,865 124 55600214 2,965 124 55600444
2,766 124 54600591 2,866 124 55600215 2,966 124 55600445
2,767 124 54600593 2,867 124 55600221 2,967 124 55600446
2,768 124 54600594 2,868 124 55600222 2,968 124 55600447
2,769 124 54600595 2,869 124 55600231 2,969 124 55600448
2,770 124 54600596 2,870 124 55600233 2,970 124 55600449
2,771 124 54600597 2,871 124 55600234 2,971 124 55600450
2,772 124 54600598 2,872 124 55600235 2,972 124 55600451
2,773 124 54600599 2,873 124 55600239 2,973 124 55600455
2,774 124 54600602 2,874 124 55600240 2,974 124 55600457
2,775 124 54600605 2,875 124 55600243 2,975 124 55600458
2,776 124 54600606 2,876 124 55600249 2,976 124 55600462
2,777 124 54600607 2,877 124 55600257 2,977 124 55600463
2,778 124 54600609 2,878 124 55600260 2,978 124 55600465
2,779 124 54600610 2,879 124 55600261 2,979 124 55600466
2,780 124 54600611 2,880 124 55600262 2,980 124 55600467
2,781 124 54600612 2,881 124 55600263 2,981 124 55600468
2,782 124 54600613 2,882 124 55600264 2,982 124 55600469
2,783 124 54600614 2,883 124 55600266 2,983 124 55600470
2,784 124 54600617 2,884 124 55600267 2,984 124 55600472
2,785 124 54600618 2,885 124 55600274 2,985 124 55600473
2,786 124 54600620 2,886 124 55600280 2,986 124 55600474
2,787 124 54600621 2,887 124 55600281 2,987 124 55600475
2,788 124 54600623 2,888 124 55600284 2,988 124 55600478
2,789 124 54600626 2,889 124 55600285 2,989 124 55600479
2,790 124 54600627 2,890 124 55600288 2,990 124 55600480
2,791 124 54600631 2,891 124 55600291 2,991 124 55600481
2,792 124 54600633 2,892 124 55600292 2,992 124 55600482
2,793 124 54600635 2,893 124 55600294 2,993 124 55600487
2,794 124 54600638 2,894 124 55600304 2,994 124 55600489
2,795 124 54600639 2,895 124 55600306 2,995 124 55600490
2,796 124 54600640 2,896 124 55600308 2,996 124 55600491
2,797 124 54600641 2,897 124 55600310 2,997 124 55600493
2,798 124 54600645 2,898 124 55600311 2,998 124 55600494
2,799 124 54600646 2,899 124 55600312 2,999 124 55600495
2,800 124 54600648 2,900 124 55600313 3,000 124 55600496
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
3,001 124 55600497 3,101 124 55600661 3,201 124 57600121
3,002 124 55600498 3,102 124 55600662 3,202 124 57600123
3,003 124 55600499 3,103 124 55600663 3,203 124 57600125
3,004 124 55600500 3,104 124 55600664 3,204 124 57600127
3,005 124 55600501 3,105 124 55600665 3,205 124 57600128
3,006 124 55600502 3,106 124 55600667 3,206 124 57600129
3,007 124 55600503 3,107 124 55600670 3,207 124 57600130
3,008 124 55600505 3,108 124 55600671 3,208 124 57600132
3,009 124 55600507 3,109 124 55600672 3,209 124 57600133
3,010 124 55600508 3,110 124 55600674 3,210 124 57600134
3,011 124 55600511 3,111 124 55600675 3,211 124 57600137
3,012 124 55600514 3,112 124 55600676 3,212 124 57600141
3,013 124 55600520 3,113 124 55600680 3,213 124 57600143
3,014 124 55600521 3,114 124 55600681 3,214 124 57600145
3,015 124 55600523 3,115 124 55600688 3,215 124 57600146
3,016 124 55600526 3,116 124 56600002 3,216 124 57600148
3,017 124 55600527 3,117 124 56600003 3,217 124 57600149
3,018 124 55600528 3,118 124 56600005 3,218 124 57600150
3,019 124 55600529 3,119 124 56600009 3,219 124 57600151
3,020 124 55600530 3,120 124 57600001 3,220 124 57600152
3,021 124 55600531 3,121 124 57600003 3,221 124 57600153
3,022 124 55600532 3,122 124 57600004 3,222 124 57600154
3,023 124 55600533 3,123 124 57600005 3,223 124 57600155
3,024 124 55600534 3,124 124 57600006 3,224 124 57600156
3,025 124 55600536 3,125 124 57600007 3,225 124 57600157
3,026 124 55600537 3,126 124 57600010 3,226 124 57600158
3,027 124 55600538 3,127 124 57600011 3,227 124 57600159
3,028 124 55600540 3,128 124 57600013 3,228 124 57600161
3,029 124 55600541 3,129 124 57600014 3,229 124 57600163
3,030 124 55600544 3,130 124 57600015 3,230 124 57600164
3,031 124 55600545 3,131 124 57600016 3,231 124 57600166
3,032 124 55600550 3,132 124 57600017 3,232 124 57600168
3,033 124 55600551 3,133 124 57600020 3,233 124 57600173
3,034 124 55600552 3,134 124 57600021 3,234 124 57600178
3,035 124 55600553 3,135 124 57600022 3,235 124 57600180
3,036 124 55600554 3,136 124 57600025 3,236 124 57600182
3,037 124 55600555 3,137 124 57600026 3,237 124 57600187
3,038 124 55600556 3,138 124 57600030 3,238 124 57600192
3,039 124 55600557 3,139 124 57600033 3,239 124 57600193
3,040 124 55600558 3,140 124 57600034 3,240 124 57600195
3,041 124 55600559 3,141 124 57600035 3,241 124 58600000
3,042 124 55600560 3,142 124 57600038 3,242 124 58600001
3,043 124 55600561 3,143 124 57600039 3,243 124 58600003
3,044 124 55600565 3,144 124 57600040 3,244 124 58600006
3,045 124 55600566 3,145 124 57600041 3,245 124 58600007
3,046 124 55600567 3,146 124 57600042 3,246 124 58600010
3,047 124 55600568 3,147 124 57600044 3,247 124 58600011
3,048 124 55600569 3,148 124 57600045 3,248 124 58600012
3,049 124 55600570 3,149 124 57600046 3,249 124 58600014
3,050 124 55600571 3,150 124 57600047 3,250 124 58600016
3,051 124 55600574 3,151 124 57600048 3,251 124 58600017
3,052 124 55600575 3,152 124 57600049 3,252 124 58600018
3,053 124 55600576 3,153 124 57600052 3,253 124 58600019
3,054 124 55600577 3,154 124 57600053 3,254 124 58600020
3,055 124 55600578 3,155 124 57600056 3,255 124 58600021
3,056 124 55600584 3,156 124 57600057 3,256 124 58600022
3,057 124 55600585 3,157 124 57600058 3,257 124 58600023
3,058 124 55600587 3,158 124 57600059 3,258 124 58600024
3,059 124 55600588 3,159 124 57600060 3,259 124 58600025
3,060 124 55600591 3,160 124 57600062 3,260 124 58600027
3,061 124 55600593 3,161 124 57600063 3,261 124 58600029
3,062 124 55600594 3,162 124 57600065 3,262 124 58600035
3,063 124 55600595 3,163 124 57600066 3,263 124 58600036
3,064 124 55600596 3,164 124 57600067 3,264 124 58600039
3,065 124 55600597 3,165 124 57600070 3,265 124 58600040
3,066 124 55600599 3,166 124 57600072 3,266 124 58600043
3,067 124 55600600 3,167 124 57600073 3,267 124 58600044
3,068 124 55600602 3,168 124 57600075 3,268 124 58600045
3,069 124 55600603 3,169 124 57600077 3,269 124 58600047
3,070 124 55600604 3,170 124 57600078 3,270 124 58600048
3,071 124 55600605 3,171 124 57600079 3,271 124 58600049
3,072 124 55600606 3,172 124 57600080 3,272 124 58600052
3,073 124 55600608 3,173 124 57600083 3,273 124 58600056
3,074 124 55600609 3,174 124 57600084 3,274 124 58600057
3,075 124 55600611 3,175 124 57600085 3,275 124 58600058
3,076 124 55600613 3,176 124 57600086 3,276 124 58600064
3,077 124 55600623 3,177 124 57600089 3,277 124 58600066
3,078 124 55600626 3,178 124 57600090 3,278 124 58600067
3,079 124 55600627 3,179 124 57600091 3,279 124 58600068
3,080 124 55600628 3,180 124 57600093 3,280 124 58600069
3,081 124 55600629 3,181 124 57600094 3,281 124 58600070
3,082 124 55600630 3,182 124 57600097 3,282 124 58600071
3,083 124 55600631 3,183 124 57600098 3,283 124 58600072
3,084 124 55600632 3,184 124 57600099 3,284 124 58600073
3,085 124 55600633 3,185 124 57600101 3,285 124 58600074
3,086 124 55600634 3,186 124 57600102 3,286 124 58600075
3,087 124 55600635 3,187 124 57600103 3,287 124 58600078
3,088 124 55600637 3,188 124 57600106 3,288 124 58600081
3,089 124 55600638 3,189 124 57600107 3,289 124 58600085
3,090 124 55600639 3,190 124 57600108 3,290 124 58600087
3,091 124 55600640 3,191 124 57600109 3,291 124 58600088
3,092 124 55600641 3,192 124 57600110 3,292 124 58600090
3,093 124 55600642 3,193 124 57600111 3,293 124 58600091
3,094 124 55600643 3,194 124 57600112 3,294 124 58600092
3,095 124 55600648 3,195 124 57600113 3,295 124 58600095
3,096 124 55600652 3,196 124 57600114 3,296 124 58600096
3,097 124 55600657 3,197 124 57600116 3,297 124 58600100
3,098 124 55600658 3,198 124 57600117 3,298 124 58600101
3,099 124 55600659 3,199 124 57600118 3,299 124 58600102
3,100 124 55600660 3,200 124 57600120 3,300 124 58600103
3,301 124 58600104 3,401 124 58600264 3,501 124 58600424
3,302 124 58600106 3,402 124 58600265 3,502 124 58600425
3,303 124 58600107 3,403 124 58600266 3,503 124 58600427
3,304 124 58600109 3,404 124 58600267 3,504 124 58600430
3,305 124 58600112 3,405 124 58600268 3,505 124 58600432
3,306 124 58600115 3,406 124 58600269 3,506 124 58600435
3,307 124 58600116 3,407 124 58600271 3,507 124 58600437
3,308 124 58600120 3,408 124 58600272 3,508 124 58600438
3,309 124 58600121 3,409 124 58600274 3,509 124 58600440
3,310 124 58600122 3,410 124 58600275 3,510 124 58600443
3,311 124 58600124 3,411 124 58600278 3,511 124 58600444
3,312 124 58600126 3,412 124 58600279 3,512 124 58600445
3,313 124 58600127 3,413 124 58600280 3,513 124 58600446
3,314 124 58600128 3,414 124 58600281 3,514 124 58600447
3,315 124 58600131 3,415 124 58600282 3,515 124 58600448
3,316 124 58600132 3,416 124 58600283 3,516 124 58600449
3,317 124 58600133 3,417 124 58600284 3,517 124 58600450
3,318 124 58600134 3,418 124 58600286 3,518 124 58600451
3,319 124 58600136 3,419 124 58600288 3,519 124 58600452
3,320 124 58600137 3,420 124 58600289 3,520 124 58600453
3,321 124 58600139 3,421 124 58600290 3,521 124 58600454
3,322 124 58600141 3,422 124 58600291 3,522 124 58600455
3,323 124 58600143 3,423 124 58600292 3,523 124 58600456
3,324 124 58600145 3,424 124 58600293 3,524 124 58600457
3,325 124 58600147 3,425 124 58600294 3,525 124 58600458
3,326 124 58600148 3,426 124 58600296 3,526 124 58600459
3,327 124 58600149 3,427 124 58600297 3,527 124 58600460
3,328 124 58600151 3,428 124 58600298 3,528 124 58600461
3,329 124 58600152 3,429 124 58600299 3,529 124 58600464
3,330 124 58600157 3,430 124 58600300 3,530 124 58600470
3,331 124 58600159 3,431 124 58600302 3,531 124 58600471
3,332 124 58600160 3,432 124 58600304 3,532 124 58600474
3,333 124 58600165 3,433 124 58600306 3,533 124 58600476
3,334 124 58600167 3,434 124 58600310 3,534 124 58600477
3,335 124 58600169 3,435 124 58600311 3,535 124 58600478
3,336 124 58600171 3,436 124 58600313 3,536 124 58600479
3,337 124 58600172 3,437 124 58600314 3,537 124 58600480
3,338 124 58600175 3,438 124 58600315 3,538 124 58600481
3,339 124 58600176 3,439 124 58600316 3,539 124 58600483
3,340 124 58600177 3,440 124 58600318 3,540 124 58600484
3,341 124 58600182 3,441 124 58600320 3,541 124 58600485
3,342 124 58600183 3,442 124 58600321 3,542 124 58600487
3,343 124 58600184 3,443 124 58600322 3,543 124 58600488
3,344 124 58600186 3,444 124 58600323 3,544 124 58600490
3,345 124 58600187 3,445 124 58600324 3,545 124 58600491
3,346 124 58600189 3,446 124 58600325 3,546 124 58600493
3,347 124 58600193 3,447 124 58600326 3,547 124 58600495
3,348 124 58600195 3,448 124 58600327 3,548 124 58600497
3,349 124 58600196 3,449 124 58600328 3,549 124 58600498
3,350 124 58600198 3,450 124 58600329 3,550 124 58600500
3,351 124 58600199 3,451 124 58600331 3,551 124 58600501
3,352 124 58600200 3,452 124 58600332 3,552 124 58600505
3,353 124 58600201 3,453 124 58600333 3,553 124 58600507
3,354 124 58600202 3,454 124 58600335 3,554 124 58600508
3,355 124 58600203 3,455 124 58600336 3,555 124 58600510
3,356 124 58600204 3,456 124 58600337 3,556 124 58600511
3,357 124 58600205 3,457 124 58600338 3,557 124 58600512
3,358 124 58600206 3,458 124 58600339 3,558 124 58600514
3,359 124 58600207 3,459 124 58600342 3,559 124 58600515
3,360 124 58600208 3,460 124 58600343 3,560 124 58600516
3,361 124 58600209 3,461 124 58600344 3,561 124 58600517
3,362 124 58600210 3,462 124 58600345 3,562 124 58600518
3,363 124 58600211 3,463 124 58600348 3,563 124 58600519
3,364 124 58600213 3,464 124 58600351 3,564 124 58600520
3,365 124 58600216 3,465 124 58600353 3,565 124 58600522
3,366 124 58600217 3,466 124 58600355 3,566 124 58600523
3,367 124 58600219 3,467 124 58600357 3,567 124 58600524
3,368 124 58600220 3,468 124 58600358 3,568 124 58600525
3,369 124 58600221 3,469 124 58600359 3,569 124 58600526
3,370 124 58600223 3,470 124 58600360 3,570 124 58600527
3,371 124 58600224 3,471 124 58600362 3,571 124 58600528
3,372 124 58600225 3,472 124 58600364 3,572 124 58600529
3,373 124 58600227 3,473 124 58600365 3,573 124 58600530
3,374 124 58600228 3,474 124 58600366 3,574 124 58600531
3,375 124 58600229 3,475 124 58600368 3,575 124 58600532
3,376 124 58600230 3,476 124 58600372 3,576 124 58600533
3,377 124 58600232 3,477 124 58600373 3,577 124 58600534
3,378 124 58600233 3,478 124 58600376 3,578 124 58600535
3,379 124 58600235 3,479 124 58600377 3,579 124 58600536
3,380 124 58600236 3,480 124 58600384 3,580 124 58600538
3,381 124 58600237 3,481 124 58600387 3,581 124 58600539
3,382 124 58600239 3,482 124 58600389 3,582 124 58600540
3,383 124 58600240 3,483 124 58600390 3,583 124 58600541
3,384 124 58600241 3,484 124 58600392 3,584 124 58600542
3,385 124 58600242 3,485 124 58600395 3,585 124 58600543
3,386 124 58600243 3,486 124 58600396 3,586 124 58600545
3,387 124 58600244 3,487 124 58600397 3,587 124 58600546
3,388 124 58600246 3,488 124 58600398 3,588 124 58600547
3,389 124 58600247 3,489 124 58600400 3,589 124 58600548
3,390 124 58600250 3,490 124 58600401 3,590 124 58600549
3,391 124 58600251 3,491 124 58600403 3,591 124 58600550
3,392 124 58600253 3,492 124 58600405 3,592 124 58600551
3,393 124 58600254 3,493 124 58600406 3,593 124 58600553
3,394 124 58600255 3,494 124 58600407 3,594 124 58600554
3,395 124 58600256 3,495 124 58600415 3,595 124 58600556
3,396 124 58600259 3,496 124 58600416 3,596 124 58600557
3,397 124 58600260 3,497 124 58600417 3,597 124 58600558
3,398 124 58600261 3,498 124 58600421 3,598 124 58600560
3,399 124 58600262 3,499 124 58600422 3,599 124 58600561
3,400 124 58600263 3,500 124 58600423 3,600 124 58600562
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
124 58600565 3,701 124 58600708 3,801 124 58600862
3,601 124 58600566 3,702 124 58600709 3,802 124 58600863
3,602 124 58600567 3,703 124 58600711 3,803 124 58600864
3,603 124 58600569 3,704 124 58600714 3,804 124 58600867
3,604 124 58600571 3,705 124 58600715 3,805 124 58600869
3,605 124 58600573 3,706 124 58600718 3,806 124 58600870
3,606 124 58600575 3,707 124 58600719 3,807 124 58600871
3,607 124 58600576 3,708 124 58600723 3,808 124 58600872
3,608 124 58600578 3,709 124 58600725 3,809 124 58600873
3,609 124 58600579 3,710 124 58600726 3,810 124 58600874
3,610 124 58600580 3,711 124 58600729 3,811 124 58600875
3,611 124 58600581 3,712 124 58600731 3,812 124 58600877
3,612 124 58600582 3,713 124 58600732 3,813 124 58600878
3,613 124 58600584 3,714 124 58600736 3,814 124 58600879
3,614 124 58600585 3,715 124 58600737 3,815 124 58600880
3,615 124 58600586 3,716 124 58600738 3,816 124 58600882
3,616 124 58600587 3,717 124 58600739 3,817 124 58600883
3,617 124 58600588 3,718 124 58600742 3,818 124 58600884
3,618 124 58600591 3,719 124 58600743 3,819 124 58600885
3,619 124 58600592 3,720 124 58600744 3,820 124 58600886
3,620 124 58600593 3,721 124 58600746 3,821 124 58600887
3,621 124 58600594 3,722 124 58600747 3,822 124 58600888
3,622 124 58600595 3,723 124 58600749 3,823 124 58600889
3,623 124 58600597 3,724 124 58600751 3,824 124 58600890
3,624 124 58600598 3,725 124 58600752 3,825 124 58600891
3,625 124 58600599 3,726 124 58600754 3,826 124 58600892
3,626 124 58600600 3,727 124 58600755 3,827 124 58600893
3,627 124 58600601 3,728 124 58600756 3,828 124 58600894
3,628 124 58600602 3,729 124 58600757 3,829 124 58600895
3,629 124 58600603 3,730 124 58600758 3,830 124 58600896
3,630 124 58600605 3,731 124 58600759 3,831 124 58600897
3,631 124 58600606 3,732 124 58600760 3,832 124 58600898
3,632 124 58600607 3,733 124 58600761 3,833 124 58600899
3,633 124 58600613 3,734 124 58600762 3,834 124 58600900
3,634 124 58600614 3,735 124 58600765 3,835 124 58600901
3,635 124 58600615 3,736 124 58600767 3,836 124 58600902
3,636 124 58600616 3,737 124 58600769 3,837 124 58600903
3,637 124 58600617 3,738 124 58600771 3,838 124 58600904
3,638 124 58600618 3,739 124 58600772 3,839 124 58600905
3,639 124 58600619 3,740 124 58600774 3,840 124 58600906
3,640 124 58600620 3,741 124 58600775 3,841 124 58600907
3,641 124 58600621 3,742 124 58600777 3,842 124 58600908
3,642 124 58600622 3,743 124 58600778 3,843 124 58600909
3,643 124 58600623 3,744 124 58600779 3,844 124 58600910
3,644 124 58600625 3,745 124 58600780 3,845 124 58600911
3,645 124 58600626 3,746 124 58600783 3,846 124 58600912
3,646 124 58600630 3,747 124 58600784 3,847 124 58600913
3,647 124 58600631 3,748 124 58600787 3,848 124 58600914
3,648 124 58600632 3,749 124 58600788 3,849 124 58600916
3,649 124 58600634 3,750 124 58600789 3,850 124 58600917
3,650 124 58600635 3,751 124 58600790 3,851 124 58600918
3,651 124 58600636 3,752 124 58600791 3,852 124 58600919
3,652 124 58600637 3,753 124 58600792 3,853 124 58600920
3,653 124 58600639 3,754 124 58600793 3,854 124 58600921
3,654 124 58600640 3,755 124 58600795 3,855 124 58600922
3,655 124 58600641 3,756 124 58600796 3,856 124 58600923
3,656 124 58600642 3,757 124 58600797 3,857 124 58600924
3,657 124 58600643 3,758 124 58600799 3,858 124 58600925
3,658 124 58600644 3,759 124 58600802 3,859 124 58600926
3,659 124 58600646 3,760 124 58600804 3,860 124 58600927
3,660 124 58600648 3,761 124 58600805 3,861 124 58600929
3,661 124 58600651 3,762 124 58600806 3,862 124 58600932
3,662 124 58600652 3,763 124 58600807 3,863 124 58600933
3,663 124 58600653 3,764 124 58600809 3,864 124 58600934
3,664 124 58600654 3,765 124 58600810 3,865 124 58600935
3,665 124 58600657 3,766 124 58600811 3,866 124 58600940
3,666 124 58600658 3,767 124 58600814 3,867 124 58600941
3,667 124 58600659 3,768 124 58600815 3,868 124 58600945
3,668 124 58600660 3,769 124 58600816 3,869 124 58600948
3,669 124 58600662 3,770 124 58600817 3,870 124 58600949
3,970 124 58600663 3,771 124 58600819 3,871 124 58600950
3,971 124 58600668 3,772 124 58600820 3,872 124 58600951
3,972 124 58600669 3,773 124 58600821 3,873 124 58600952
3,973 124 58600670 3,774 124 58600823 3,874 124 58600953
3,974 124 58600671 3,775 124 58600824 3,875 124 58600954
3,975 124 58600673 3,776 124 58600825 3,876 124 58600956
3,976 124 58600674 3,777 124 58600826 3,877 124 58600957
3,977 124 58600675 3,778 124 58600828 3,878 124 58600959
3,978 124 58600676 3,779 124 58600829 3,879 124 58600960
3,979 124 58600677 3,780 124 58600832 3,880 124 58600962
3,980 124 58600679 3,781 124 58600833 3,881 124 58600964
3,981 124 58600681 3,782 124 58600834 3,882 124 58600965
3,982 124 58600682 3,783 124 58600837 3,883 124 58600968
3,983 124 58600683 3,784 124 58600841 3,884 124 58600969
3,984 124 58600685 3,785 124 58600845 3,885 124 58600970
3,985 124 58600686 3,786 124 58600846 3,886 124 58600971
3,986 124 58600687 3,787 124 58600848 3,887 124 58600972
3,987 124 58600688 3,788 124 58600849 3,888 124 58600973
3,989 124 58600689 3,789 124 58600850 3,889 124 58600974
3,990 124 58600690 3,790 124 58600851 3,890 124 58600975
3,991 124 58600692 3,791 124 58600852 3,891 124 58600977
3,992 124 58600694 3,792 124 58600853 3,892 124 58600978
3,993 124 58600695 3,793 124 58600854 3,893 124 58600979
3,994 124 58600697 3,794 124 58600855 3,894 124 58600980
3,995 124 58600698 3,795 124 58600856 3,895 124 58600981
3,996 124 58600699 3,796 124 58600857 3,896 124 58600982
3,997 124 58600700 3,797 124 58600858 3,897 124 58600984
3,998 124 58600701 3,798 124 58600859 3,898 124 58600986
3,999 124 58600703 3,799 124 58600860 3,899 124 58600987
4,000 124 58600706 3,800 124 58600861 3,900 124 58600990
3,901 124 58600991 4,001 124 61600008 4,101 126 1629179
3,902 124 58600992 4,002 124 61600009 4,102 126 1634363
3,903 124 58600993 4,003 124 61600012 4,103 126 1640298
3,904 124 58600994 4,004 124 61600013 4,104 126 1641534
3,905 124 58600995 4,005 124 61600015 4,105 126 1642977
3,906 124 58600996 4,006 124 61600016 4,106 126 1644490
3,907 124 58600998 4,007 124 61600018 4,107 126 1644570
3,908 124 58601000 4,008 124 61600019 4,108 126 1645738
3,909 124 58601001 4,009 124 61600020 4,109 126 1645756
3,910 124 58601002 4,010 124 61600021 4,110 126 1645771
3,911 124 58601003 4,011 124 61600022 4,111 126 1645996
3,912 124 58601004 4,012 124 61600023 4,112 126 1646228
3,913 124 58601005 4,013 124 61600024 4,113 126 1646401
3,914 124 58601006 4,014 124 61600026 4,114 126 1646423
3,915 124 58601007 4,015 124 61600028 4,115 126 1646743
3,916 124 58601008 4,016 124 61600029 4,116 126 1646876
3,917 124 58601010 4,017 124 61600030 4,117 126 1646911
3,918 124 58601012 4,018 124 61600031 4,118 126 1647042
3,919 124 58601013 4,019 124 61600034 4,119 126 1647044
3,920 124 58601014 4,020 124 61600035 4,120 126 1647057
3,921 124 58601015 4,021 124 61600037 4,121 126 1647132
3,922 124 58601016 4,022 124 61600038 4,122 126 1647154
3,923 124 58601017 4,023 124 61600041 4,123 126 1647158
3,924 124 58601019 4,024 124 61600042 4,124 126 1647162
3,925 124 58601021 4,025 124 61600043 4,125 126 1647164
3,926 124 58601022 4,026 124 61600044 4,126 126 1647170
3,927 124 58601023 4,027 124 61600045 4,127 126 1647172
3,928 124 58601024 4,028 124 61600046 4,128 126 1647176
3,929 124 58601025 4,029 124 61600047 4,129 126 1647178
3,930 124 58601027 4,030 124 61600048 4,130 126 1647187
3,931 124 58601029 4,031 124 61600049 4,131 126 1647191
3,932 124 58601031 4,032 124 61600050 4,132 126 1647192
3,933 124 58601032 4,033 124 61600052 4,133 126 1647195
3,934 124 58601033 4,034 124 61600053 4,134 126 1647204
3,935 124 58601034 4,035 124 61600054 4,135 126 1647206
3,936 124 58601035 4,036 124 61600056 4,136 126 1647207
3,937 124 58601037 4,037 124 61600058 4,137 126 1647208
3,938 124 58601038 4,038 124 61600060 4,138 126 1647224
3,939 124 58601039 4,039 124 61600063 4,139 126 1647252
3,940 124 58601040 4,040 124 61600065 4,140 126 1647255
3,941 124 58601041 4,041 124 61600067 4,141 126 1647258
3,942 124 58601042 4,042 124 61600068 4,142 126 1647261
3,943 124 58601043 4,043 124 61600069 4,143 126 1647979
3,944 124 58601045 4,044 124 61600072 4,144 126 1648054
3,945 124 58601046 4,045 124 61600073 4,145 126 1648097
3,946 124 58601047 4,046 124 61600074 4,146 126 1648101
3,947 124 58601048 4,047 124 61600075 4,147 126 1648106
3,948 124 58601049 4,048 124 61600076 4,148 126 1648118
3,949 124 58601050 4,049 124 61600077 4,149 126 1648119
3,950 124 58601051 4,050 124 61600078 4,150 126 1648124
3,951 124 58601055 4,051 124 61600079 4,151 126 1648142
3,952 124 58601057 4,052 124 61600080 4,152 126 1648143
3,953 124 58601058 4,053 124 61600081 4,153 126 1648151
3,954 124 58601059 4,054 124 61600083 4,154 126 1648168
3,955 124 58601061 4,055 124 61600084 4,155 126 1648194
3,956 124 58601063 4,056 124 61600085 4,156 126 1648202
3,957 124 58601064 4,057 124 61600086 4,157 126 1648208
3,958 124 58601066 4,058 124 61600087 4,158 126 1648219
3,959 124 58601067 4,059 124 61600088 4,159 126 1648224
3,960 124 58601068 4,060 124 61600089 4,160 126 1648236
3,961 124 58601069 4,061 124 61600090 4,161 126 1648237
3,962 124 58601071 4,062 124 61600092 4,162 126 1648342
3,963 124 58601072 4,063 124 61600094 4,163 126 1648370
3,964 124 58601073 4,064 124 61600095 4,164 126 1648384
3,965 124 58601074 4,065 124 61600096 4,165 126 1648389
3,966 124 58601075 4,066 124 61600099 4,166 126 1648391
3,967 124 58601076 4,067 124 61600100 4,167 126 1648392
3,968 124 58601077 4,068 124 61600101 4,168 126 1648396
3,969 124 58601078 4,069 124 61600102 4,169 126 1648414
3,970 124 58601079 4,070 124 61600103 4,170 126 1648420
3,971 124 58601082 4,071 124 61600104 4,171 126 1648452
3,972 124 58601084 4,072 124 61600107 4,172 126 1648474
3,973 124 58601086 4,073 124 61600108 4,173 126 1648476
3,974 124 58601087 4,074 124 61600112 4,174 126 1648477
3,975 124 58601088 4,075 124 61600115 4,175 126 1648514
3,976 124 58601089 4,076 124 61600116 4,176 126 1648535
3,977 124 58601091 4,077 124 61600119 4,177 126 1648557
3,978 124 58601093 4,078 124 61600122 4,178 126 1648639
3,979 124 58601094 4,079 124 61600125 4,179 126 1648745
3,980 124 58601095 4,080 124 61600129 4,180 126 1648887
3,981 124 58601096 4,081 124 61600130 4,181 126 1648948
3,982 124 58601098 4,082 124 61600135 4,182 126 1648952
3,983 124 58601100 4,083 124 61600136 4,183 126 1648976
3,984 124 58601102 4,084 124 61600137 4,184 126 1648989
3,985 124 58601103 4,085 124 61600139 4,185 126 1648994
3,986 124 58601104 4,086 124 61600140 4,186 126 1649007
3,987 124 58601105 4,087 124 61600142 4,187 126 1649016
3,988 124 58601106 4,088 124 63600003 4,188 126 1649030
3,989 124 58601107 4,089 124 63600004 4,189 126 1649042
3,990 124 58601108 4,090 124 63600005 4,190 126 1649048
3,991 124 58601109 4,091 124 63600008 4,191 126 1649050
3,992 124 58601110 4,092 124 63600009 4,192 126 1649060
3,993 124 58601111 4,093 124 63600011 4,193 126 1649062
3,994 124 58601113 4,094 124 63600012 4,194 126 1649063
3,995 124 58601114 4,095 124 63600013 4,195 126 1649074
3,996 124 58601116 4,096 124 63600014 4,196 126 1649077
3,997 124 61600001 4,097 124 63600017 4,197 126 1649079
3,998 124 61600002 4,098 124 63600020 4,198 126 1649102
3,999 124 61600003 4,099 124 63600021 4,199 126 1649138
4,000 124 61600007 4,100 124 63600024 4,200 126 1649153
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
4,201 126 1649156 4,301 126 1650009 4,401 126 1650693
4,202 126 1649158 4,302 126 1650011 4,402 126 1650698
4,203 126 1649165 4,303 126 1650014 4,403 126 1650706
4,204 126 1649198 4,304 126 1650048 4,404 126 1650708
4,205 126 1649199 4,305 126 1650057 4,405 126 1650709
4,206 126 1649201 4,306 126 1650058 4,406 126 1650710
4,207 126 1649204 4,307 126 1650065 4,407 126 1650718
4,208 126 1649211 4,308 126 1650067 4,408 126 1650720
4,209 126 1649229 4,309 126 1650084 4,409 126 1650725
4,210 126 1649252 4,310 126 1650096 4,410 126 1650746
4,211 126 1649262 4,311 126 1650107 4,411 126 1650749
4,212 126 1649275 4,312 126 1650115 4,412 126 1650761
4,213 126 1649279 4,313 126 1650120 4,413 126 1650765
4,214 126 1649300 4,314 126 1650124 4,414 126 1650766
4,215 126 1649301 4,315 126 1650138 4,415 126 1650769
4,216 126 1649307 4,316 126 1650140 4,416 126 1650776
4,217 126 1649311 4,317 126 1650143 4,417 126 1650777
4,218 126 1649312 4,318 126 1650149 4,418 126 1650780
4,219 126 1649332 4,319 126 1650161 4,419 126 1650785
4,220 126 1649334 4,320 126 1650165 4,420 126 1650791
4,221 126 1649337 4,321 126 1650173 4,421 126 1650792
4,222 126 1649339 4,322 126 1650179 4,422 126 1650793
4,223 126 1649347 4,323 126 1650186 4,423 126 1650796
4,224 126 1649352 4,324 126 1650200 4,424 126 1650802
4,225 126 1649371 4,325 126 1650205 4,425 126 1650812
4,226 126 1649394 4,326 126 1650206 4,426 126 1650813
4,227 126 1649397 4,327 126 1650210 4,427 126 1650815
4,228 126 1649400 4,328 126 1650213 4,428 126 1650817
4,229 126 1649405 4,329 126 1650214 4,429 126 1650821
4,230 126 1649411 4,330 126 1650215 4,430 126 1650824
4,231 126 1649463 4,331 126 1650218 4,431 126 1650825
4,232 126 1649474 4,332 126 1650220 4,432 126 1650831
4,233 126 1649481 4,333 126 1650221 4,433 126 1650841
4,234 126 1649483 4,334 126 1650230 4,434 126 1650844
4,235 126 1649492 4,335 126 1650242 4,435 126 1650849
4,236 126 1649499 4,336 126 1650246 4,436 126 1650850
4,237 126 1649500 4,337 126 1650271 4,437 126 1650858
4,238 126 1649502 4,338 126 1650273 4,438 126 1650863
4,239 126 1649519 4,339 126 1650281 4,439 126 1650865
4,240 126 1649522 4,340 126 1650285 4,440 126 1650866
4,241 126 1649523 4,341 126 1650286 4,441 126 1650869
4,242 126 1649524 4,342 126 1650307 4,442 126 1650871
4,243 126 1649526 4,343 126 1650308 4,443 126 1650874
4,244 126 1649549 4,344 126 1650361 4,444 126 1650906
4,245 126 1649550 4,345 126 1650383 4,445 126 1650914
4,246 126 1649553 4,346 126 1650395 4,446 126 1650917
4,247 126 1649557 4,347 126 1650405 4,447 126 1650920
4,248 126 1649570 4,348 126 1650425 4,448 126 1650921
4,249 126 1649583 4,349 126 1650456 4,449 126 1650985
4,250 126 1649592 4,350 126 1650459 4,450 126 1650994
4,251 126 1649594 4,351 126 1650467 4,451 126 1650996
4,252 126 1649616 4,352 126 1650468 4,452 126 1650997
4,253 126 1649621 4,353 126 1650474 4,453 126 1650998
4,254 126 1649623 4,354 126 1650476 4,454 126 1650999
4,255 126 1649624 4,355 126 1650483 4,455 126 1651002
4,256 126 1649626 4,356 126 1650484 4,456 126 1651009
4,257 126 1649628 4,357 126 1650486 4,457 126 1651012
4,258 126 1649672 4,358 126 1650487 4,458 126 1651016
4,259 126 1649680 4,359 126 1650488 4,459 126 1651018
4,260 126 1649683 4,360 126 1650495 4,460 126 1651019
4,261 126 1649691 4,361 126 1650500 4,461 126 1651020
4,262 126 1649706 4,362 126 1650502 4,462 126 1651024
4,263 126 1649712 4,363 126 1650504 4,463 126 1651028
4,264 126 1649715 4,364 126 1650506 4,464 126 1651033
4,265 126 1649727 4,365 126 1650509 4,465 126 1651036
4,266 126 1649736 4,366 126 1650518 4,466 126 1651038
4,267 126 1649741 4,367 126 1650528 4,467 126 1651042
4,268 126 1649746 4,368 126 1650529 4,468 126 1651043
4,269 126 1649764 4,369 126 1650531 4,469 126 1651053
4,270 126 1649766 4,370 126 1650532 4,470 126 1651054
4,271 126 1649768 4,371 126 1650534 4,471 126 1651056
4,272 126 1649787 4,372 126 1650535 4,472 126 1651058
4,273 126 1649792 4,373 126 1650540 4,473 126 1651059
4,274 126 1649797 4,374 126 1650541 4,474 126 1651062
4,275 126 1649804 4,375 126 1650548 4,475 126 1651063
4,276 126 1649844 4,376 126 1650551 4,476 126 1651065
4,277 126 1649888 4,377 126 1650556 4,477 126 1651066
4,278 126 1649905 4,378 126 1650564 4,478 126 1651067
4,279 126 1649906 4,379 126 1650566 4,479 126 1651068
4,280 126 1649910 4,380 126 1650568 4,480 126 1651075
4,281 126 1649911 4,381 126 1650569 4,481 126 1651117
4,282 126 1649917 4,382 126 1650571 4,482 126 1651127
4,283 126 1649929 4,383 126 1650572 4,483 126 1651129
4,284 126 1649940 4,384 126 1650576 4,484 126 1651132
4,285 126 1649959 4,385 126 1650578 4,485 126 1651136
4,286 126 1649961 4,386 126 1650580 4,486 126 1651157
4,287 126 1649962 4,387 126 1650584 4,487 126 1651163
4,288 126 1649964 4,388 126 1650585 4,488 126 1651166
4,289 126 1649967 4,389 126 1650586 4,489 126 1651167
4,290 126 1649972 4,390 126 1650592 4,490 126 1651170
4,291 126 1649973 4,391 126 1650610 4,491 126 1651185
4,292 126 1649975 4,392 126 1650611 4,492 126 1651192
4,293 126 1649976 4,393 126 1650629 4,493 126 1651193
4,294 126 1649987 4,394 126 1650639 4,494 126 1651198
4,295 126 1649992 4,395 126 1650646 4,495 126 1651200
4,296 126 1649996 4,396 126 1650656 4,496 126 1651207
4,297 126 1649997 4,397 126 1650670 4,497 126 1651208
4,298 126 1649999 4,398 126 1650673 4,498 126 1651224
4,299 126 1650000 4,399 126 1650679 4,499 126 1651226
4,300 126 1650007 4,400 126 1650680 4,500 126 1651227
4,501 126 1651229 4,601 126 1651927 4,701 126 1652835
4,502 126 1651231 4,602 126 1651931 4,702 126 1652838
4,503 126 1651239 4,603 126 1651948 4,703 126 1652839
4,504 126 1651245 4,604 126 1651956 4,704 126 1652840
4,505 126 1651247 4,605 126 1651957 4,705 126 1652841
4,506 126 1651251 4,606 126 1651964 4,706 126 1652844
4,507 126 1651265 4,607 126 1651966 4,707 126 1652847
4,508 126 1651277 4,608 126 1651970 4,708 126 1652848
4,509 126 1651284 4,609 126 1651976 4,709 126 1652850
4,510 126 1651286 4,610 126 1651982 4,710 126 1652851
4,511 126 1651289 4,611 126 1651984 4,711 126 1652853
4,512 126 1651301 4,612 126 1651985 4,712 126 1652858
4,513 126 1651304 4,613 126 1651987 4,713 126 1652860
4,514 126 1651311 4,614 126 1651988 4,714 126 1652862
4,515 126 1651316 4,615 126 1651994 4,715 126 1652870
4,516 126 1651321 4,616 126 1651996 4,716 126 1652875
4,517 126 1651327 4,617 126 1652001 4,717 126 1652883
4,518 126 1651334 4,618 126 1652012 4,718 126 1652887
4,519 126 1651336 4,619 126 1652030 4,719 126 55600008
4,520 126 1651344 4,620 126 1652031 4,720 126 55600021
4,521 126 1651347 4,621 126 1652079 4,721 126 55600023
4,522 126 1651377 4,622 126 1652080 4,722 126 55600030
4,523 126 1651378 4,623 126 1652090 4,723 126 55600032
4,524 126 1651383 4,624 126 1652097 4,724 126 55600034
4,525 126 1651394 4,625 126 1652128 4,725 126 55600036
4,526 126 1651396 4,626 126 1652135 4,726 126 55600037
4,527 126 1651404 4,627 126 1652136 4,727 126 55600038
4,528 126 1651415 4,628 126 1652142 4,728 126 55600039
4,529 126 1651416 4,629 126 1652149 4,729 126 55600046
4,530 126 1651423 4,630 126 1652150 4,730 126 55600047
4,531 126 1651424 4,631 126 1652151 4,731 126 55600049
4,532 126 1651427 4,632 126 1652155 4,732 126 55600053
4,533 126 1651429 4,633 126 1652159 4,733 126 55600081
4,534 126 1651432 4,634 126 1652161 4,734 126 55600083
4,535 126 1651433 4,635 126 1652164 4,735 126 55600085
4,536 126 1651434 4,636 126 1652165 4,736 126 55600101
4,537 126 1651439 4,637 126 1652177 4,737 126 55600103
4,538 126 1651447 4,638 126 1652180 4,738 126 55600109
4,539 126 1651453 4,639 126 1652183 4,739 126 55600117
4,540 126 1651454 4,640 126 1652188 4,740 126 55600121
4,541 126 1651457 4,641 126 1652190 4,741 126 55600125
4,542 126 1651458 4,642 126 1652195 4,742 126 55600137
4,543 126 1651466 4,643 126 1652196 4,743 126 55600144
4,544 126 1651470 4,644 126 1652199 4,744 126 55600149
4,545 126 1651475 4,645 126 1652204 4,745 126 55600152
4,546 126 1651482 4,646 126 1652209 4,746 126 55600157
4,547 126 1651488 4,647 126 1652214 4,747 126 55600158
4,548 126 1651490 4,648 126 1652222 4,748 126 55600163
4,549 126 1651492 4,649 126 1652228 4,749 126 55600164
4,550 126 1651500 4,650 126 1652232 4,750 126 55600165
4,551 126 1651514 4,651 126 1652237 4,751 126 55600173
4,552 126 1651523 4,652 126 1652253 4,752 126 55600174
4,553 126 1651525 4,653 126 1652264 4,753 126 55600180
4,554 126 1651535 4,654 126 1652344 4,754 126 55600196
4,555 126 1651546 4,655 126 1652351 4,755 126 55600199
4,556 126 1651552 4,656 126 1652354 4,756 126 55600201
4,557 126 1651556 4,657 126 1652355 4,757 126 55600206
4,558 126 1651557 4,658 126 1652362 4,758 126 55600224
4,559 126 1651569 4,659 126 1652363 4,759 126 55600228
4,560 126 1651573 4,660 126 1652366 4,760 126 55600229
4,561 126 1651589 4,661 126 1652367 4,761 126 55600241
4,562 126 1651593 4,662 126 1652376 4,762 126 55600244
4,563 126 1651600 4,663 126 1652389 4,763 126 55600246
4,564 126 1651601 4,664 126 1652414 4,764 126 55600247
4,565 126 1651613 4,665 126 1652419 4,765 126 55600248
4,566 126 1651616 4,666 126 1652420 4,766 126 55600250
4,567 126 1651617 4,667 126 1652443 4,767 126 55600254
4,568 126 1651621 4,668 126 1652444 4,768 126 55600258
4,569 126 1651630 4,669 126 1652448 4,769 126 55600268
4,570 126 1651632 4,670 126 1652461 4,770 126 55600273
4,571 126 1651715 4,671 126 1652464 4,771 126 55600282
4,572 126 1651719 4,672 126 1652473 4,772 126 55600295
4,573 126 1651726 4,673 126 1652475 4,773 126 55600299
4,574 126 1651734 4,674 126 1652482 4,774 126 55600300
4,575 126 1651748 4,675 126 1652488 4,775 126 55600301
4,576 126 1651756 4,676 126 1652491 4,776 126 55600302
4,577 126 1651759 4,677 126 1652512 4,777 126 55600303
4,578 126 1651761 4,678 126 1652513 4,778 126 55600314
4,579 126 1651812 4,679 126 1652516 4,779 126 55600318
4,580 126 1651815 4,680 126 1652527 4,780 126 55600320
4,581 126 1651834 4,681 126 1652532 4,781 126 55600327
4,582 126 1651835 4,682 126 1652533 4,782 126 55600338
4,583 126 1651849 4,683 126 1652538 4,783 126 55600353
4,584 126 1651850 4,684 126 1652539 4,784 126 55600356
4,585 126 1651854 4,685 126 1652543 4,785 126 55600358
4,586 126 1651858 4,686 126 1652554 4,786 126 55600362
4,587 126 1651860 4,687 126 1652649 4,787 126 55600365
4,588 126 1651863 4,688 126 1652658 4,788 126 55600370
4,589 126 1651885 4,689 126 1652659 4,789 126 55600373
4,590 126 1651895 4,690 126 1652660 4,790 126 55600375
4,591 126 1651897 4,691 126 1652661 4,791 126 55600383
4,592 126 1651898 4,692 126 1652662 4,792 126 55600385
4,593 126 1651901 4,693 126 1652669 4,793 126 55600397
4,594 126 1651906 4,694 126 1652670 4,794 126 55600406
4,595 126 1651908 4,695 126 1652673 4,795 188 54601511
4,596 126 1651912 4,696 126 1652679 4,796 188 56600018
4,597 126 1651914 4,697 126 1652680 4,797 188 56600022
4,598 126 1651916 4,698 126 1652719 4,798 188 57600562
4,599 126 1651922 4,699 126 1652723 4,799 188 57600583
4,600 126 1651924 4,700 126 1652831 4,800 188 57600589
EXHIBIT A
SCHEDULE OF MORTGAGE LOANS
INVEST INVEST INVEST
# MASTER ACCOUNT # MASTER ACCOUNT # MASTER ACCOUNT
- ------ ------- - ------ ------- - ------ -------
4,801 188 57600627
4,802 188 57600634
4,803 188 57600669
4,804 188 57600701
4,805 188 57600770
4,806 188 57600799
4,807 188 57600814
4,808 188 57600820
4,809 188 57600837
4,810 188 57600876
4,811 188 57600885
4,812 188 57600893
4,813 188 57600918
4,814 188 57600921
4,815 188 57600952
4,816 188 57601115
4,817 188 57601121
4,818 188 57601186
4,819 188 57601198
4,820 188 58602484
4,821 188 58602497
4,822 188 58602513
4,823 188 58602690
4,824 188 58602691
4,825 188 58602760
4,826 188 58602796
4,827 188 58602817
4,828 188 58602844
4,829 188 58602858
4,830 188 58602909
4,831 188 58602925
4,832 188 58603099
4,833 188 58603148
4,834 188 58603247
4,835 188 58603278
4,836 188 58603336
4,837 188 58603352
4,838 188 58603360
4,839 188 58603375
4,840 188 58603400
4,841 188 58603468
4,842 188 58603598
4,843 188 58603607
4,844 188 58603608
4,845 188 61600308
4,846 188 61600338
LIFE BANK
FUNDING SCHEDULE
DATA CUT-OFF: 12/31/00
------------------------------
# LOANS UPB
------------------------------
BANKRUPTCY LOANS
Performing 24 2,071,513.23
Greater than or equal to 90 days 14 1,268,474.98
==============================
TOTAL BANKRUPTCY LOANS 38 3,339,988.21
FORECLOSURE 222 18,928,548.57
REGULAR LOANS
Performing 4575 429,443,545.22
Greater than or equal to 90 days 11 901,512.30
==============================
TOTAL REGULAR LOANS 4586 430,345,057.52
==============================
TOTAL ALL LOANS 4846 452,613,594.30
==============================
-----------------------------
ALL LOANS # LOANS UPB
-----------------------------
Performing loan pool 4599 431,515,058.45
-----------------------------
Non Performing loan pool 247 21,098,535.85
-----------------------------
TOTAL ALL LOANS 4846 452,613,594.30
-----------------------------
---------------------
Purchase Price 1.25%
---------------------
Purchase Price (Dollar Price) $ 5,393,938.23
---------------------
Partial Accrued Servicing Fee $60,000
=====================
TOTAL PRICE $ 5,453,938.23
---------------------
Partial Accrued Servicing Fee Payment to be paid to Seller in
conjunction with Holdback payments, on the date Seller has
delivered all the Holdback items.
SELLER PURCHASER
By: By:
----------------------- ----------------------
Name: Name:
----------------------- ----------------------
Title: Title:
----------------------- ----------------------