(LOGO) First Union

First Union National Bank
NC1075
Structured Products Servicing
8739 Research Drive, URP4
Charlotte, NC 28288-1075

MANAGEMENT'S ASSERTION

As of and for the year ended  December 31, 1999,  First Union National Bank (the
Bank) has complied in all material respects with the minimum servicing standards
set forth in the  Mortgage  Bankers  Association  of America's  (MBA's)  Uniform
Single  Attestation  Program for Mortgage Bankers,  except for minimum servicing
standards V.4. and VI. 1., which the MBA has  interpreted as being  inapplicable
to the servicing of commercial  and  multifamily  loans.  As of and for the same
period,  the Bank had in effect fidelity bond and errors and omissions  policies
in the amount of $200 million and $20 million, respectively.



John M. Church
Managing Director/Senior Vice President
First Union National Bank
February 4, 2000
Date

Timothy S. Ryan
Director/Vice President
First Union National Bank
February 4, 2000
Date

John V. Gannon
Vice President
First Union National Bank
Residential Master Servicing
February 4, 2000
Date

Jeffrey B. Mandel
Vice President
First Union National Bank
Residential Master Servicing
February 4, 2000
Date