RECORD DATE: 08/31/96 PAYABLE DATE: 09/01/96 - ----------------------------------------------------------------------------------------------------------------------------- CLASS A-4 CLASS B TI AMOUNT AMT./$1,000 AMOUNT AMT./$1,000 TOTAL - ----------------------------------------------------------------------------------------------------------------------------- Class Original Principal Balance......... 15,195,000.00 20,987,589.00 36,182,589.00 Beginning Principal Balance.............. 5,888,144.17 20,987,589.00 26,875,733.17 Principal Distributed.................... 315,602.03 0.00 315,602.03 Interest Distributed..................... 44,161.08 2,906,290,227 157,406.92 7,500,000,119 201,570.91 TOTAL DISTRIBUTION....................... 359,763.11 157,406.92 517,170.03 Class Ending Principal Balance........... 5,572,542.14 20,987,589.00 26,560,131.14 - ----------------------------------- INFORMATION CONCERNING: - ----------------------------------- Liquidating Loans Sold Since The Preceding Distribution Date: The Sale Price Was: Principal Balance of the Mortgage Loan Prior to Such Sale Was: - ----------------------------------- Number of Loans Delinquent - ----------------------------------- 30 days: 60 or More Days: Principal Amount Delinquent More Than 30 Days: Principal Amount Delinquent More Than 60 Days: Principal Balance of Delinquent Loan Reserve Fund Balance After Debt. Distribution: Subordinated Amount After Distribution: