SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K/A Amendment No. 2 (Mark One) | x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 1996 | | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No.: 333-96500-03 Access Financial Mortgage Loan Trust, Series 1996-1 (Exact name of registrant as specified in its charter) New York (governing law of pooling and servicing agreement) State or other jurisdiction of incorporation or organization) 52-6825868, 52-6825869 (I.R.S. Employer Identification No.) c/o Norwest Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, MD 21044 (Address of principal executive (Zip Code) offices) Registrant's telephone number, including area code (410) 884-2000 Securities registered pursuant to Section 12(b) of the Act: NONE Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No This Amendment No. 2 on Form 10-K/A amends Item 14 of the original Annual Report on Form 10-K (the "Original Form 10-K") filed on March 26, 1997, by Norwest Bank Minnesota, N.A. (the "Reporting Person"), on behalf of Access Financial Mortgage Loan Trust, Series 1996-1 (the "Trust"), established pursuant to a Pooling Agreement (the "Pooling Agreement") among Cargill Financial Services Corporation, as Sponsor, (the "Sponsor"), Access Financial Lending Corp., as Seller, (the ("Seller"), and Norwest Bank Minnesota, N.A., as Trustee, ( the "Trustee"), pursuant to which the Access Financial Mortgage Loan Trust, Series 1996-1, certificates registered under the Securities Act of 1933 (the "Certificates") were issued. Item 14 of the Original Form 10-K is amended to read in its entirety as follows: Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K. (a) Exhibits 99.1 Annual Report of Independent Public Accountants' as to master servicing activities or servicing activities as applicable: (a) Electronic Data Systems Corp., as Servicer<F1> (b) LSI Financial Group, as Servicer<F1> 99.2 Management Assertion Letter: (a) Electronic Data Systems Corp., as Servicer<F1> (b) LSI Financial Group, as Servicer<F2> 99.3 Annual Statements of Compliance with obligations under the Pooling Agreement or servicing agreement, as applicable, of: (a) Electronic Data Systems Corp., as Servicer<F1> (b) LSI Financial Group, as Servicer<F1> (b) On October 1, 1996, November 1, 1996, and December 5, 1996 a report on Form 8-K was filed in order to provide the statements for the monthly distributions to holders of the Certificates. No other reports on Form 8-K have been filed during the last quarter of the period covered by this report. (c) Omitted. (d) Omitted. <F1> Previously Filed. <F2> Filed herewith. SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized: Access Financial Mortgage Loan Trust, Series 1996-1 By: Norwest Bank Minnesota, N.A., as Trustee By: /s/ Sherri J. Sharps By: Sherri J. Sharps Title: Vice President Dated: October 1, 1997 EXHIBIT INDEX Exhibit No. 99.1 Annual Report of Independent Public Accountants' as to master servicing activities or servicing activities as applicable: (a) Electronic Data Systems Corp., as Servicer<F1> (b) LSI Financial Group, as Servicer<F1> 99.2 Management Assertion Letter: (a) Electronic Data Systems Corp., as Servicer<F1> (b) LSI Financial Group, as Servicer<F2> 99.3 Annual Statements of Compliance with obligations under the Pooling Agreement or servicing agreement, as applicable, of: (a) Electronic Data Systems Corp., as Servicer<F1> (b) LSI Financial Group, as Servicer<F1> <F1> Previously Filed. <F2> Filed herewith.