Common use of Title of Certificates Clause in Contracts

Title of Certificates. Class M-2F ---------- Amount of Certificates: $11,400,000 (approximate) Pass-Through Rate: 7.38% Purchase Price Percentage: 99.55% Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1C ---------- Amount of Certificates: $11,400,000 46,500,000 (approximate) Pass-Through Rate: 7.386.52% Purchase Price Percentage: 99.5599.734375% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1E ---------- Amount of Certificates: $11,400,000 31,500,000 (approximate) Pass-Through Rate: 7.386.87% Purchase Price Percentage: 99.5599.61875% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1G ---------- Amount of Certificates: $11,400,000 24,500,000 (approximate) Pass-Through Rate: 7.387.32% for each Interest Period ending prior to Clean-up Call Date; 7.82% thereafter Purchase Price Percentage: 99.5599.55875% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1F ---------- Amount of Certificates: $11,400,000 17,000,000 (approximate) Pass-Through Rate: 7.387.17% Purchase Price Percentage: 99.5599.568125% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1D ---------- Amount of Certificates: $11,400,000 10,000,000 (approximate) Pass-Through Rate: 7.386.75% Purchase Price Percentage: 99.5599.684375% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-3 --------- Amount of Certificates: $11,400,000 39,250,000 (approximate) Pass-Through Rate: 7.386.68% Purchase Price Percentage: 99.55% 99.759375 Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-3 --------- Amount of Certificates: $11,400,000 14,500,000 (approximate) Pass-Through Rate: 7.387.22% Purchase Price Percentage: 99.5599.653125% Cut-off Date: June March 1, 1997 Closing: June 25March 26, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-5F ---------- Amount of Certificates: $11,400,000 12,000,000 (approximate) Pass-Through Rate: 7.387.255% Purchase Price Percentage: 99.5599.726563% Cut-off Date: June September 1, 1997 Closing: June 25September 19, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F M-1F ---------- Amount of Certificates: $11,400,000 8,550,000 (approximate) Pass-Through Rate: 7.387.13% Purchase Price Percentage: 99.55% 99.584375 Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-4 --------- Amount of Certificates: $11,400,000 9,750,000 (approximate) Pass-Through Rate: 7.386.95% Purchase Price Percentage: 99.55% 99.684375 Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- Amount of Certificates: $11,400,000 8,889,000 (approximate) Pass-Through Rate: 7.387.315% Purchase Price Percentage: 99.5599.75% Cut-off Date: June September 1, 1997 Closing: June 25September 19, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1A ---------- Amount of Certificates: $11,400,000 241,800,000 (approximate) Pass-Through Rate: 7.38LIBOR + .22% Purchase Price Percentage: 99.5599.775% Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-6 --------- Amount of Certificates: $11,400,000 19,000,000 (approximate) Pass-Through Rate: 7.386.92% Purchase Price Percentage: 99.55% 99.653125 Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-2F ---------- Amount of Certificates: $11,400,000 20,790,000 (approximate) Pass-Through Rate: 7.386.515% Purchase Price Percentage: 99.5599.75% Cut-off Date: June September 1, 1997 Closing: June 25September 19, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F B-1F ---------- Amount of Certificates: $11,400,000 6,650,000 (approximate) Pass-Through Rate: 7.387.68% Purchase Price Percentage: 99.5599.46875% Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-4F ---------- Amount of Certificates: $11,400,000 10,000,000 (approximate) Pass-Through Rate: 7.386.895% Purchase Price Percentage: 99.5599.75% Cut-off Date: June September 1, 1997 Closing: June 25September 19, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-2 --------- Amount of Certificates: $11,400,000 71,500,000 (approximate) Pass-Through Rate: 7.386.88% Purchase Price Percentage: 99.5599.734375% Cut-off Date: June March 1, 1997 Closing: June 25March 26, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-2 --------- Amount of Certificates: $11,400,000 10,500,000 (approximate) Pass-Through Rate: 7.386.52% Purchase Price Percentage: 99.5599.84% Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-I0 ---------- Amount of Certificates: $11,400,000 19,000,000 Notional Amount (approximate) Pass-Through Rate: 7.385.50% Purchase Price Percentage: 99.5514.01678% Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F B-1F ---------- Amount of Certificates: $11,400,000 5,335,000 (approximate) Pass-Through Rate: 7.387.65% Purchase Price Percentage: 99.5599.75% Cut-off Date: June September 1, 1997 Closing: June 25September 19, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1D ---------- Amount of Certificates: $11,400,000 19,900,000 (approximate) Pass-Through Rate: 7.387.87% Purchase Price Percentage: 99.5599.953125% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June September 1, 1997 1996 Closing: June 25September 17, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-5 --------- Amount of Certificates: $11,400,000 13,900,000 (approximate) Pass-Through Rate: 7.387.27% Purchase Price Percentage: 99.55% 99.618750 Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1E ---------- Amount of Certificates: $11,400,000 13,650,000 (approximate) Pass-Through Rate: 7.388.04% Purchase Price Percentage: 99.5599.984375% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June September 1, 1997 1996 Closing: June 25September 17, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-5 --------- Amount of Certificates: $11,400,000 25,000,000 (approximate) Pass-Through Rate: 7.387.18% Purchase Price Percentage: 99.5599.609375% Cut-off Date: June March 1, 1997 Closing: June 25March 26, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1B ---------- Amount of Certificates: $11,400,000 54,800,000 (approximate) Pass-Through Rate: 7.3899.984375% Purchase Price Percentage: 99.557.22% (plus accrued interest from Cut-off Date at applicable Pass-Through Rate) Cut-off Date: June September 1, 1997 1996 Closing: June 25September 17, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1B ---------- Amount of Certificates: $11,400,000 27,000,000 (approximate) Pass-Through Rate: 7.386.34% Purchase Price Percentage: 99.5599.80% (plus accrued interest from Cut-off Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-3 --------- Amount of Certificates: $11,400,000 11,683,000 (approximate) Pass-Through Rate: 7.387.275% Purchase Price Percentage: 99.5599.984375% (plus accrued interest from the Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.Date at applicable Pass-Through Rate)

Title of Certificates. Class M-2F A-4 ---------- Amount of Certificates: $11,400,000 5,000,000 (approximate) Pass-Through Rate: 7.386.74% Purchase Price Percentage: 99.55100.00% (plus accrued interest from the Cut-off Date at applicable Pass-Through Rate) Cut-Off Date: June September 1, 1997 Closing: June 25September 26, 1997 Denominations: $25,000.00 1,000 and integral multiples of $1.00 in excess thereof.thereof Schedule I - 2

Title of Certificates. Class M-2F ---------- A-2 --------- Amount of Certificates: $11,400,000 15,600,000 (approximate) Pass-Through Rate: 7.38Rate 6.800% Purchase Price Percentage: 99.5599.96875% (plus accrued interest from the Cut-off Date: June 1, 1997 Closing: June 25, 1997 Denominations: $25,000.00 and integral multiples of $1.00 in excess thereof.Date at applicable Pass-Through Rate)

Title of Certificates. Class M-2F ---------- A-4 --------- Amount of Certificates: $11,400,000 23,000,000 (approximate) Pass-Through Rate: 7.387.61% Purchase Price Percentage: 99.5599.568750% Cut-off Date: June March 1, 1997 Closing: June 25March 26, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1C ---------- Amount of Certificates: $11,400,000 17,450,00 (approximate) Pass-Through Rate: 7.387.57% Purchase Price Percentage: 99.5599.984375% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June September 1, 1997 1996 Closing: June 25September 17, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.. Schedule II-1 35

Title of Certificates. Class M-2F A-1C ---------- Amount of Certificates: $11,400,000 17,450,00 (approximate) Pass-Through Rate: 7.387.57% Purchase Price Percentage: 99.5599.984375% (plus accrued interest from Cutoff Date at applicable Pass-Through Rate) Cut-off Date: June September 1, 1997 1996 Closing: June 25September 17, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-3F ---------- Amount of Certificates: $11,400,000 25,000,000 (approximate) Pass-Through Rate: 7.386.595% Purchase Price Percentage: 99.5599.75% Cut-off Date: June September 1, 1997 Closing: June 25September 19, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F ---------- A-4 --------- Amount of Certificates: $11,400,000 23,000,000 (approximate) Pass-Through Rate: 7.387.61% Purchase Price Percentage: 99.5599.568750% Cut-off Date: June March 1, 1997 Closing: June 25March 26, 1997 44 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-2 ---------- Amount of Certificates: $11,400,000 13,000,000 (approximate) Pass-Through Rate: 7.38Rate 6.53% Purchase Price Percentage: 99.5599.96875% (plus accrued interest from the Cut-off Date at applicable Pass-Through Rate) Cut-Off Date: June September 1, 1997 Closing: June 25September 26, 1997 Denominations: $25,000.00 1,000 and integral multiples of $1.00 in excess thereof.thereof Schedule I - 1

Title of Certificates. Class M-2F A-3F ---------- Amount of Certificates: $11,400,000 25,000,000 (approximate) Pass-Through Rate: 7.386.595% Purchase Price Percentage: 99.5599.75% Cut-off Date: June September 1, 1997 42 Closing: June 25September 19, 1997 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.

Title of Certificates. Class M-2F A-1B ---------- Amount of Certificates: $11,400,000 27,000,000 (approximate) Pass-Through Rate: 7.386.34% Purchase Price Percentage: 99.5599.80% (plus accrued interest from Cut-off Date at applicable Pass-Through Rate) Cut-off Date: June December 1, 1997 1996 Closing: June 25December 27, 1997 1996 Denominations: $25,000.00 1,000.00 and integral multiples of $1.00 in excess thereof.. Schedule II-1 35