MUNICIPAL SECURITIES TRUST, SERIES 52
REFERENCE TRUST AGREEMENT
This Reference Trust Agreement, dated September 25, 1991,
among Bear, Xxxxxxx & Co. Inc. and Gruntal & Co., Incorporated, as Depositors,
United States Trust Company of New York, as Trustee, and Xxxxx S&P Evaluation
Services, as Evaluator, sets forth certain provisions in full and incorporates
other provisions by reference to the document entitled "Municipal Securities
Trust, Series 45 and 73rd Discount Series, and Subsequent Series, Trust
Indenture and Agreement," dated July 20, 1989 (herein as amended or
supplemented called the "Indenture"), and such provisions as are set forth in
full and such provisions as are incorporated by reference constitute a single
instrument.
W I T N E S S E T H T H A T :
In consideration of the premises and of the mutual agreements
contained herein, the Depositors, the Trustee, and the Evaluator agree as
follows:
PART I
STANDARD TERMS AND
CONDITIONS OF TRUST
Subject to the provisions of Part II hereof, all the
provisions contained in the Indenture are herein incorporated by reference in
their entirety and shall be deemed to be a part of this instrument as fully and
to the same extent as if those said provisions had been set forth in full in
this instrument.
PART II
SPECIAL TERMS AND
CONDITIONS OF TRUST
The following special terms and conditions are hereby agreed
to:
(a) The interest-bearing obligations listed in schedule A
hereto have been deposited in trust under this Indenture.
(b) For the purposes of the definition of the Unit in Article
I the fractional undivided interest in and ownership of the Trust is 1/5,000.
C/M 11939.0001 407393.1
(c) The term Record Date shall mean the first day of each
month (or the last business day prior thereto) commencing on February 1, 1992
for monthly distributions, June 1 and December 1 of each year for semi-annual
distributions (commencing on June 1, 1992) and December 1 of each year for
annual distributions (commencing on December 1, 1992).
(d) The term Payment Date shall mean the fifteenth day of
each month (or the last business day prior thereto) commencing on February 15,
1992 for monthly distributions, June 15 and December 15 of each year for
semi-annual distributions (commencing on June 15, 1992) and December 15 of each
year for annual distributions (commencing on December 15, 1992).
(e) All Certificateholders of record on January 1, 1992 (the
"First Record Date"), regardless of the plan of distribution selected, will
receive a distribution to be made on or shortly after January 15, 1992 (the
"First Payment Date"), and thereafter distributions will be made monthly,
semi-annually or annually, depending upon the plan of distribution chosen by
each Certificateholder.
(f) The First Settlement Date shall mean October 2, 1991.
(g) The number of Units referred to in Section 2.03 is 5,000.
(h) For the purposes of Section 4.02(a), the Evaluator shall
receive for each evaluation of the Bonds in the Trust a minimum fee of $15,
plus a fee of $0.25 for determining the aggregate value of each issue of Bonds
in excess of 50 issues (treating separate maturities of Bonds as separate
issues).
(i) For the purposes of Section 6.01(g), the liquidation
amount is hereby specified to be $2,000,000.
(j) For the purposes of Section 6.04, the Trustee shall be
paid per annum $.96 per $1,000 principal amount of Bonds for that portion of
the Trust under the monthly distribution plan, $.50 per $1,000 principal amount
of Bonds for that portion of the Trust under the semi-annual distribution plan
and $.32 per $1,000 principal amount of Bonds for that portion of the Trust
under the annual distribution plan. During the first year after the date
hereof, such payments to the Trustee will be reduced by a portion [a maximum of
$.79 per Unit times the number of Units on the monthly distribution plan, $.50
per Unit plus $.29 of Trust expenses (to be assumed and paid by the Trustee)
times the number of Units on the semi-annual distribution plan and $.32 per
Unit plus $.47 of Trust expenses (to be assumed and paid by the Trustee) times
the number of Units on the annual distribution plan] of the amount of interest
which accrues on any "when, as
-2-
C/M 11939.0001 407393.1
and if issued" Bonds between the first settlement date of the Trust and the
respective dates of delivery of such Bonds.
(k) For purposes of Section 7.04, the Depositors' annual fee
is hereby specified to be $.25 per $1,000 principal amount of Bonds in the
Trust.
(l) For purposes of this Series of Municipal Securities
Trust, the form of Certificate set forth in this Indenture shall be
appropriately modified to reflect the title of this Series as set forth above.
IN WITNESS WHEREOF, the parties hereto have caused this
Reference Trust Agreement to be duly executed on the date first above written.
[Signatures on separate pages]
-3-
C/M 11939.0001 407393.1
BEAR, XXXXXXX & CO. INC.
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 6th day of September, 1991, before me personally
appeared Xxxxx X. XxXxxxx, to me known, who being by me duly sworn, said that
he is an Authorized Signatory of Bear, Xxxxxxx & Co. Inc., one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXXXXXXX XXXXXXX
NOTARY PUBLIC, State of New York
No. 00-0000000
Qualified in Bronx County
Commission Expires Aug. 31, 1993
Municipal Securities Trust,
Series 52
-4-
C/M 11939.0001 407393.1
GRUNTAL & CO., INCORPORATED
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 6th day of September, 1991, before me personally
appeared Xxxxxx Xxxxxxx, to me known, who being by me duly sworn, said that he
is an Authorized Signatory of Gruntal & Co., Incorporated, one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXXXXXXX XXXXXXX
NOTARY PUBLIC, State of New York
No. 00-0000000
Qualified in Bronx County
Commission Expires Aug. 31, 1993
Municipal Securities Trust,
Series 00
-0-
X/X 00000.0000 000000.0
XXXXXX XXXXXX TRUST COMPANY OF NEW YORK
Trustee
By
Assistant Vice President
(SEAL)
ATTEST:
Assistant Secretary
Municipal Securities Trust,
Series 52
-6-
C/M 11939.0001 407393.1
XXXXX INFORMATION SYSTEMS, INC.
By
President
(SEAL)
ATTEST:
Executive Vice President
and Secretary
Municipal Securities Trust,
Series 52
-7-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
PORTFOLIO
-----------------------------
SERIES 52
-----------------------------
As of September 25,1991
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Ref. - Refunding(2) Trust(3)
-----------------------------------------------------------------------------------------------------------------------------------
1 $ 250,000 Alaska State Hsg. Insrd. Mtg. Prgm. Bonds 1990 Aa* 7.800% 12/01/15 @ 100 S.F. $ 263,313
First Series 12/01/2030 12/01/00 @ 102 Ref.
2 500,000 Broward Cnty. Fla. Res. Rcvry. Xxx. Xxxxx (SES A* 7.950% 12/01/92 @ 100 S.F. 536,345
Broward Co., L.P. So. Prjt.) Series 1984 12/01/2008 12/01/99 @ 103 Ref.
3 500,000 Kentucky Dev. Finc. Auth. Hosp. Facs. Rev. A- 7.125% 9/01/07 @ 100 S.F. 492,365
Bonds (St. Claire Med. Cntr. Inc. Prjt.) Series 9/01/2021 9/01/01 @ 102 Ref.
1991
4 250,000 Maine St. Hsg. Auth. Mtg. Purch. Bonds Series A+ 7.100% 11/15/07 @ 100 S.F. 250,000
1991B 11/15/2016 11/15/01 @ 102 Ref.
5 500,000 Mich. St. Hosp. Finc. Auth. (McLaren Obligated A+ 7.500% 9/15/09 @ 100 S.F. 515,935
Group) Hosp. Xxx. Xxxxx Series 1991A 9/15/2021 9/15/01 @ 102 Ref.
6 500,000 Mich. St. Hosp. Finc. Auth. Hosp. Xxx. Xxxxx A* 7/500% 2/15/12 @ 100 S.F. 513,425
(Sisters of Mercy Hlth. Corp.) Series 1991J 2/15/2018 2/15/01 @ 102 Ref.
7 500,000 N.Y. State Dorm. Auth. City Univ. Sys. Consldtd. A* 7.625% 7/01/06 @ 100 S.F. 517,545
Xxx. Xxxxx Series 1990A 7/01/2020 7/01/00 @ 102 Ref.
8 500,000 N.Y. State Dorm. Auth. City Univ. Ed. Facs. Rev. A* 7.125% 5/15/10 @ 100 S.F. 500,795
Bonds Series 1989A 5/15/2017 5/15/99 @ 102 Ref.
9 250,000 N.Y. State Thruway Auth. Local Hwy. & Bridge A* 7.250% 1/01/04 @ 100 S.F. 252,835
Serv. Cntrct. Bonds Series 1991 1/01/2010 1/01/01 @ 102 Ref.
10 500,000(4)S.D. Hsg. Dev. Auth. Hmownrshp. Mtg. Rev. Aa* 7.150% 5/01/12 @ 100 S.F. 500,000
Bonds Series 1991A 5/01/2027 5/01/01 @ 102 Ref.
11 500,000 Matagorda Cnty. Tx. Navgtion. Dstrct. No. One A3* 7.875% No Sinking Fund 521,435
(Cent. Pwr. & Lt. Co. Prjt.) (AMT) 12/01/2016 12/01/96 @ 102 Ref.
12 250,000 III. Hsg. Dev. Auth. Multi-Fam. Hsg. Xxx. Xxxxx A+ 0.000% 7/01/06 @ 13.676 S.F. 10,040
1983 Series A 7/01/2025 Non-Callable
---------------- ----------
$5,000,000 $4,874,033
================ ==========
-8-
C/M 11939.0001 407393.1
MUNICIPAL SECURITIES TRUST, MULTI-STATE SERIES 41
REFERENCE TRUST AGREEMENT
This Reference Trust Agreement, dated September 25, 1991,
among Bear, Xxxxxxx & Co. Inc. and Gruntal & Co., Incorporated, as Depositors,
United States Trust Company of New York, as Trustee, and Xxxxx S&P Evaluation
Services, as Evaluator, sets forth certain provisions in full and incorporates
other provisions by reference to the document entitled "Municipal Securities
Trust, Multi-State Series 37 and Subsequent Series, Trust Indenture and
Agreement," dated June 30, 1989 (herein as amended or supplemented called the
"Indenture"), and such provisions as are set forth in full and such provisions
as are incorporated by reference constitute a single instrument.
W I T N E S S E T H T H A T :
In consideration of the premises and of the mutual agreements
contained herein, the Depositors, the Trustee, and the Evaluator agree as
follows:
PART I
STANDARD TERMS AND
CONDITIONS OF TRUST
Subject to the provisions of Part II hereof, all the
provisions contained in the Indenture are herein incorporated by reference in
their entirety and shall be deemed to be a part of this instrument as fully and
to the same extent as if those said provisions had been set forth in full in
this instrument.
PART II
SPECIAL TERMS AND
CONDITIONS OF TRUST
The following special terms and conditions are hereby agreed
to:
(a) The interest-bearing obligations listed in Schedule A
hereto have been deposited in trust under this Indenture.
C/M 11939.0001 407393.1
(b) For the purposes of the definition of the Unit in
Article I, the fractional undivided interest in and ownership of
each State Trust is as follows:
California Trust: 1/3,000
New York Trust: 1/5,000
Virginia Trust: 1/3,000
(c) The term Record Date shall mean the first day of each
month (or the last business day prior thereto) commencing on February 1, 1992
for monthly distributions, June 1 and December 1 of each year for semi-annual
distributions (commencing on June 1, 1992) and December 1 of each year for
annual distributions (commencing on December 1, 1992).
(d) The term Payment Date shall mean the fifteenth day of
each month (or the last business day prior thereto) commencing on February 15,
1992 for monthly distributions, June 15 and December 15 of each year for
semi-annual distributions (commencing on June 15, 1992) and December 15 of each
year for annual distributions (commencing on December 15, 1992).
(e) All Certificateholders of record on January 1, 1992 (the
"First Record Date"), regardless of the plan distribution selected, will
receive a distribution to be made on or shortly after January 15, 1992 (the
"First Payment Date"), and thereafter distributions will be made monthly,
semi-annually or annually, depending upon the plan of distribution chosen by
each Certificateholder.
(f) The First Settlement Date shall mean October 2, 1991.
(g) The number of Units referred to in Section 2.03 for each
State Trust is as follows:
California Trust: 3,000
New York Trust: 5,000
Virginia Trust: 3,000
(h) For the purposes of Section 4.02(a), the Evaluator shall
receive for each evaluation of the Bonds in the Trust a minimum fee of $15,
plus a fee of $0.25 for determining the aggregate value of each issue of Bonds
in excess of 50 issues (treating separate maturities of Bonds as separate
issues).
-2-
C/M 11939.0001 407393.1
(i) For the purposes of Section 6.01(g), the liquidation
amount of each State Trust is hereby specified to be as follows:
California Trust: $1,200,000
New York Trust: $2,000,000
Virginia Trust: $1,200,000
(j) For the purposes of Section 6.04, the Trustee shall be
paid per annum $1.05 per $1,000 principal amount of Bonds for that portion of
the California Trust under the monthly distribution plan, $.60 per $1,000
principal amount of Bonds for that portion of the California Trust under the
semi-annual distribution plan and $.35 per $1,000 principal amount of Bonds for
that portion of the California Trust under the annual distribution plan. During
the first year after the date hereof, such payments to the Trustee will be
reduced by a portion [a maximum of $.88 per Unit times the number of Units on
the monthly distribution plan, $.60 per Unit plus $.28 of the California Trust
expenses (to be assumed and paid by the Trustee) times the number of Units on
the semi-annual distribution plan and $.35 per Unit plus $.53 of the California
Trust expenses (to be assumed and paid by the Trustee) times the number of
Units on the annual distribution plan] of the amount of interest which accrues
on any "when, as and if issued" Bonds between the first settlement date of the
California Trust and the respective dates of delivery of such Bonds.
(k) For the purposes of Section 6.04, the Trustee shall be
paid per annum $.96 per $1,000 principal amount of Bonds for that portion of
the New York Trust under the monthly distribution plan, $.50 per $1,000
principal amount of Bonds for that portion of the New York Trust under the
semi-annual distribution plan and $.32 per $1,000 principal amount of Bonds for
that portion of the New York Trust under the annual distribution plan. During
the first year after the date hereof, such payments to the Trustee will be
reduced by a portion [a maximum of $.79 per Unit times the number of Units on
the monthly distribution plan, $.50 per Unit plus $.29 of New York Trust
expenses (to be assumed and paid by the Trustee) times the number of Units on
the semi-annual distribution plan and $.32 per Unit plus $.47 of New York Trust
expenses (to be assumed and paid by the Trustee) times the number of Units on
the annual distribution plan] of the amount of interest which accrues on any
"when, as and if issued" Bonds between the first settlement date of the New
York Trust and the respective dates of delivery of such Bonds.
(l) For the purposes of Section 6.04, the Trustee shall be
paid per annum $1.05 per $1,000 principal amount of Bonds for that portion of
the Virginia Trust under the monthly distribution plan, $.60 per $1,000
principal amount of Bonds for
-3-
C/M 11939.0001 407393.1
that portion of the Virginia Trust under the semi-annual distribution plan and
$.35 per $1,000 principal amount of Bonds for that portion of the Virginia
Trust under the annual distribution plan. During the first year after the date
hereof, such payments to the Trustee will be reduced by a portion [a maximum of
$.88 per Unit times the number of Units on the monthly distribution plan, $.60
per Unit plus $.28 of the Virginia Trust expenses (to be assumed and paid by
the Trustee) times the number of Units on the semi-annual distribution plan and
$.35 per Unit plus $.53 of the Virginia Trust expenses (to be assumed and paid
by the Trustee) times the number of Units on the annual distribution plan] of
the amount of interest which accrues on any "when, as and if issued" Bonds
between the first settlement date of the Virginia Trust and the respective
dates of delivery of such Bonds.
(m) For purposes of Section 7.04, the Depositors' annual fee
is hereby specified to be $.25 per $1,000 principal amount of Bonds in the
State Trusts.
(n) For purposes of this Series of Municipal Securities
Trust, the form of Certificate set forth in this Indenture shall be
appropriately modified to reflect the title of this Series as set forth above.
IN WITNESS WHEREOF, the parties hereto have caused this Reference
Trust Agreement to be duly executed on the date first above written.
[Signatures on separate pages)
-4-
C/M 11939.0001 407393.1
BEAR, XXXXXXX & CO. INC.
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 6th day of September, 1991, before me personally
appeared Xxxxx X. XxXxxxx, to me known, who being by me duly sworn, said that
he is an Authorized Signatory of Bear, Xxxxxxx & Co. Inc., one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXXXXXXX XXXXXXX
NOTARY PUBLIC, State of New York
No. 00-0000000
Qualified in Bronx County
Commission Expires Aug. 31, 1993
Municipal Securities Trust,
Series 41
-5-
C/M 11939.0001 407393.1
GRUNTAL & CO., INCORPORATED
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 6th day of September, 1991, before me personally
appeared Xxxxxx Xxxxxxx, to me known, who being by me duly sworn, said that he
is an Authorized Signatory of Gruntal & Co., Incorporated, one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXXXXXXX XXXXXXX
NOTARY PUBLIC, State of New York
No. 00-0000000
Qualified in Bronx County
Commission Expires Aug. 31, 1993
Municipal Securities Trust,
Series 00
-0-
X/X 00000.0000 000000.0
XXXXXX XXXXXX TRUST COMPANY OF NEW YORK
Trustee
By
Assistant Vice President
(SEAL)
ATTEST:
Assistant Secretary
Municipal Securities Trust,
Series 41
-7-
C/M 11939.0001 407393.1
XXXXX INFORMATION SYSTEMS, INC.
By
President
(SEAL)
ATTEST:
Executive Vice President
and Secretary
Municipal Securities Trust,
Series 41
-8-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
MULTI-STATE SERIES 41
PORTFOLIO
--------------------------------------
CALIFORNIA TRUST
--------------------------------------
As of September 25,1991
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Ref. - Refunding(2) Trust(3)
-----------------------------------------------------------------------------------------------------------------------------------
1 $ 400,000 Calif. Hlth. Facs. Fincg. Auth. Hosp. Rev. A1* 6.950% 10/01/05 @ 100 S.F. $ 401,604
Bonds (San Diego Hosp. Assoc.) Series 1991A 10/01/2021 10/01/01 @ 102 Ref.
2 125,000 Calif. Hlth. Facs. Fincg. Auth. Xxx. Xxxxx (St. AA- 6.750% 7/01/11 @ 100 S.F. 123,402
Xxxxxx Hlth. Sys.) Series 1991A 7/01/2021 7/01/01 @ 102 Ref.
3 275,000 Fresno Calif. Wtr. Sys. Xxx. Xxxxx Series A* 7.250% 6/01/06 @ 100 S.F. 283,886
1990A 6/01/2010 6/01/98 @ 102 Ref.
4 400,000 Los Angeles Calif. Cnvntn. & Exhib. Cntr. A1Con.* 7.000% 8/15/19 @ 100 S.F. 404,512
Auth. Rfndg. Xxx. Xxxxx Certs. of Part. Series 8/15/2020 8/15/99 @ 101.5 Ref.
1989A
5 400,000 Los Angeles Calif. Trans. Commsn. Sales Tax A+ 6.750% 7/01/07 @ 100 S.F. 400,000
Xxx. Xxxxx Series 1991A 7/01/2011 7/01/01 @ 102 Ref.
6 400,000 Los Angeles Calif. Waste Wtr. Sys. Xxx. Xxxxx A1* 7.000% No Sinking Fund 405,420
Series 1991A 7/01/2009 2/01/99 @ 102 Ref.
7 400,000 So. Calif. Pub. Pwr. Auth. Multiple Prjt. Rev. A 7.000% 7/01/06 @ 100 S.F. 404,456
Bonds Series 1989 7/01/2009 7/01/00 @ 102 Ref.
8 195,000 P.R. Elec. Pwr. Auth. Pwr. Xxx. Xxxxx A- 7/125% No Sinking Fund 198,266
Series O 7/01/2014 7/01/99 @ 101.5 Ref.
9 255,000 P.R. Pub. Bldgs. Auth. Xxx. Xxxxx Series H A 7.250% 7/01/10 @ 100 S.F. 261,227
7/01/2017 7/01/98 @ 101.5 Ref.
10 150,000 Xxxxxxx Xxx. Elec. Sys. Rev. Certs. of Part. AAA 0.000% 7/01/15 @ 75.356 S.F. 21,783
Series 0000X (XXXX Corp.) 7/01/2019 7/10/99 @ 24.784 Ref.
-------------- ---------------
$3,000,000 $2,904,556
============== ===============
-9-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
MULTI-STATE SERIES 41
PORTFOLIO
--------------------------------------
NEW YORK TRUST
--------------------------------------
As of September 25,1991
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Ref. - Refunding(2) Trust(3)
------------------------------------------------------------------------------------------------------------------------------------
1 $ 500,000 N.Y. State Dorm. Auth. City Univ. Sys. A* 7.625% 7/01/06 @ 100 S.F. $ 517,545
Consldtd. Xxx. Xxxxx Series 1990A 7/01/2020 7/01/00 @ 102 Ref.
2 155,000 Dorm. Auth. of the State of N.Y. Xxx. Xxxxx A* 7.600% 7/01/06 @ 100 S.F. 160,151
Upstate Cmmnty. (Cllgs. 1990A Issue 7/01/2020 7/01/00 @ 102 Ref.
3 465,000 N.Y. State Dorm. Auth. State Univ. Ed. Facs. A* 7.700% 5/15/06 @ 100 S.F. 485,526
Xxx. Xxxxx Series 1990A 5/15/2012 5/15/00 @ 102 Ref.
4 500,000 N.Y. Local Gov. Asst. Corp. (A Pub. Benefit A+ 7.000% 4/01/16 @ 100 S.F. 496,900
Corp. of the State of N.Y.) Xxx. Xxxxx Series 4/01/2021 4/01/01 @ 102 Ref.
1991C
5 350,000 N.Y. State Med. Care Facs. Finc. Agncy. Rev. A 7.375% 8/15/92 @ 100 S.F. 355,477
Bonds Mental Hlth. Servs. 2/15/2014 8/15/99 @ 102 Ref.
6 95,000 N.Y. State Med. Care Facs. Finc. Agncy. Mental A* 7.750% 2/15/05 @ 100 S.F. 99,327
Hlth. Svs. Facs. Imprvmt. Xxx. Xxxxx Series 8/15/2008 8/15/98 @ 102 Ref.
1988B
7 100,000 N.Y. State Med. Care Facs. Finc. Agncy. Mental A* 7.750% 2/15/08 @ 100 S.F. 105,408
Hlth. Svs. Facs. Imprvmt. Xxx. Xxxxx Series 8/15/2011 2/15/01 @ 102 Ref.
1991A
8 500,000 N.Y. State Thruway Auth. Local Hwy. & Bridge A 7.250% 1/01/04 @ 100 S.F. 505,670
Serv. Cntrct. Bonds Series 1991 1/01/2010 1/01/01 @ 102 Ref.
9 400,000 N.Y. State Urb. Dev. Corp. Correc. Facs. Rev. A* 6.000% 1/01/18 @ 100 S.F. 349,376
Bonds Series G 1/01/2019 1/01/00 @ 100 Ref.
10 500,000 N.Y. State Urb. Dev. Corp. Prjt. Xxx. Xxxxx A* 7.375% 1/01/02 @ 100 S.F. 510,460
(Univ. of Rochester Cntr. for Electro-Optic 1/01/2021 1/01/01 @ 102 Ref.
Imaging Grant) Series 1991
11 200,000 N.Y. State Urb. Dev. Corp. Prjt. Xxx. Xxxxx A* 8.000% 1/01/01 @ 100 S.F. 212,968
(Clarkson Cntr. for Advanced Materials 1/01/2020 1/01/01 @ 102 Ref.
Processing Grant) Series 1990
12 500,000 Metro. Trans. Auth. Trans. Facs. 1987 Serv. A* 6.000% 7/01/17 0 100 S.F. 436,340
Cntrct. Bond Series 3 7/01/2019 7/01/00 @ 100 Ref.
13 500,000 N.Y. City Genl. Oblig. Xxx. Xxxxx Series F A- 8.250% No Sinking Fund 525,395
11/15/2018 11/15/01 @ 101.5 Ref.
14 235,000 N.Y. State Mtg. Agncy. Hmownr. Mtg. Rev. Aa* 0.000% 4/01/12 @ 52.88 S.F. 23,109
Bonds Series II 4/01/2020 4/01/99 @ 19.34 Ref.
------------- -------------
$5,000,000 $4,783,652
============= ==============
-10-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
MULTI-STATE SERIES 41
PORTFOLIO
--------------------------------------
VIRGINIA TRUST
--------------------------------------
As of September 25,1991
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Coupon/ Redemption Feature Cost of
Portfolio Principal Maturity S.F. - Sinking Fund Bonds to
No. Amount Name of Issuer and Title of Bonds Contracted for(5) Ratings (1) Date(s) (2) Ref. - Refunding (2) Trust (3)
-----------------------------------------------------------------------------------------------------------------------------------
1 $500,000 Va. Hsg. Dev. Auth. Multi.-Fam. Hsg. Xxx. Xxxxx AA 7.100% 5/01/05 @ 100 S.F. $507,500
Series 1991F 5/01/2013 5/01/01 @ 102 Ref.
2 400,000 Arlington Cnty. Va. Ind. Dev. Auth. Hosp. Xxx. Xxxxx A1* 7.125% 9/01/12 @ 100 S.F. 403,972
(The Arlington Hosp.) Series 1991A 9/01/2021 9/01/01 @ 102 Ref.
3 425,000 Augusta Cnty. Va. Ind. Dev. Auth. Hosp. Xxx. Xxxxx A* 7.000% 9/01/13 @ 100 S.F. 425,000
(Augusta Hosp. Corp. Prjt.) Series 1991 9/01/2021 9/01/01 @ 102 Ref.
4 180,000 Fairfax Cnty. Va. Econ. Dev. Auth. Res. Rec. Rev. Aa* 7.750% 2/01/05 @ 100 S.F. 191,848
Bonds (Xxxxx Xxxxxx Sys. of Fairfax 2/01/2011 2/01/99 @ 103 Ref.
Inc Prjt.) Series 1988A (AMT)
5 450,000 Fairfax Cnty. Va. Wtr. Auth. Wtr. Xxx. Xxxxx Series Aa1* 6.125% 1/01/28 @ 100 S.F. 420,435
1989 1/01/2029 1/01/00 @ 100 Ref.
6 145,000 Richmond Va. Genl. Oblig. Pub. Imprvmt. Xxx. Xxxxx AA 6.250% 1/15/12 @ 100 S.F. 138,438
Series 1991A 1/15/2021 1/15/01 @ 102 Ref.
7 500,000 Upper Occoquan Va. Swg. Auth. Rgnl. Swrg. Sys. Rev. AAA 6.500% 7/01/12 @ 100 S.F. 493,780
Bonds Series 0000 (XXXX Corp.) 7/01/2017 7/01/01 @ 102 Ref.
8 400,000 P.R. Elec. Pwr. Auth. Pwr. Xxx. Xxxxx Series 0 A- 6.000% No Sinking Fund 362,380
7/01/99 @ 100 Ref.
------------ -----------
$3,000,000 $2,943,353
============ ===========
-11-
C/M 11939.0001 407393.1
MUNICIPAL SECURITIES TRUST, SERIES 53
REFERENCE TRUST AGREEMENT
This Reference Trust Agreement, dated November 19, 1992,
among Bear, Xxxxxxx & Co. Inc. and Gruntal & Co., Incorporated, as Depositors,
United States Trust Company of New York, as Trustee, and Xxxxx S&P Evaluation
Services, as Evaluator, sets forth certain provisions in full and incorporates
other provisions by reference to the document entitled "Municipal Securities
Trust, Series 45 and 73rd Discount Series, and Subsequent Series, Trust
Indenture and Agreement," dated July 20, 1989 (herein as amended or
supplemented called the "Indenture"), and such provisions as are set forth in
full and such provisions as are incorporated by reference constitute a single
instrument.
W I T N E S S E T H T H A T :
In consideration of the premises and of the mutual agreements
contained herein, the Depositors, the Trustee, and the Evaluator agree as
follows:
PART I
STANDARD TERMS AND
CONDITIONS OF TRUST
Subject to the provisions of Part II hereof, all the
provisions contained in the Indenture are herein incorporated by reference in
their entirety and shall be deemed to be a part of this instrument as fully and
to the same extent as if those said provisions had been set forth in full in
this instrument except, however, that all references to the words "Standard &
Poor's Corporation" appearing therein are hereby deleted and the words "Xxxxx
S&P Evaluation Services" are hereby added in place thereof.
C/M 11939.0001 407393.1
PART II
SPECIAL TERMS AND
CONDITIONS OF TRUST
The following special terms and conditions are hereby agreed
to:
(a) The interest-bearing obligations listed in Schedule A
hereto have been deposited in trust under this Indenture.
(b) For the purposes of the definition of the Unit in Article
I the fractional undivided interest in and ownership of the Trust is 1/4,000.
(c) The fiscal year for the Trust shall end on June 30th of
each year.
(d) The term Record Date shall mean the first day of each
month (or the last business day prior thereto) commencing on April 1, 1993 for
monthly distributions, June 1 and December 1 of each year for semi-annual
distributions (commencing on June 1, 1993) and December 1 of each year for
annual distributions (commencing on December 1, 1993).
(e) The term Payment Date shall mean the fifteenth day of
each month (or the last business day prior thereto) commencing on April 15,
1993 for monthly distributions, June 15 and December 15 of each year for
semi-annual distributions (commencing on June 15, 1993) and December 15 of each
year for annual distributions (commencing on December 15, 1993).
(f) All Certificateholders of record on March 1, 1993 (the
"First Record Date"), regardless of the plan of distribution selected, will
receive a distribution to be made on or shortly after March 15, 1993 (the
"First Payment Date"), and thereafter distributions will be made monthly,
semi-annually or annually, depending upon the plan of distribution chosen by
each Certificateholder.
(g) The First Settlement Date shall mean November 27, 1992.
(h) The number of Units referred to in Section 2.03 is 4,000.
(i) For the purposes of Section 4.02(a), the Evaluator shall
receive for each evaluation of the Bonds in the Trust a minimum fee of $8, plus
a fee of $0.25 for determining the
-2-
C/M 11939.0001 407393.1
aggregate value of each issue of Bonds in excess of 50 issues (treating
separate maturities of Bonds as separate issues).
(j) For the purposes of Section 6.01(g), the liquidation
amount is hereby specified to be $1,600,000.
(k) For the purposes of Section 6.04, the Trustee shall be
paid per annum $1.10 per $1,000 principal amount of Bonds for that portion of
the Trust under the monthly distribution plan, $.63 per $1,000 principal amount
of Bonds for that portion of the Trust under the semi-annual distribution plan
and $.36 per $1,000 principal amount of Bonds for that portion of the Trust
under the annual distribution plan. During the first year after the date
hereof, such payments to the Trustee will be reduced by a portion [a maximum of
$.93 per Unit times the number of Units on the monthly distribution plan, $.63
per Unit plus $.30 of Trust expenses (to be assumed and paid by the Trustee)
times the number of Units on the semi-annual distribution plan and $.36 per
Unit plus $.57 of Trust expenses (to be assumed and paid by the Trustee) times
the number of Units on the annual distribution plan] of the amount of interest
which accrues on any "when, as and if issued" Bonds between the first
settlement date of the Trust and the respective dates of delivery of such
Bonds.
(l) For purposes of Section 7.04, the Depositors' annual fee
is hereby specified to be $.25 per $1,000 principal amount of Bonds in the
Trust.
(m) For purposes of this Series of Municipal Securities
Trust, the form of Certificate set forth in this Indenture shall be
appropriately modified to reflect the title of this Series as set forth above.
IN WITNESS WHEREOF, the parties hereto have caused this
Reference Trust Agreement to be duly executed on the date first above written.
(Signatures on separate pages]
-3-
C/M 11939.0001 407393.1
BEAR, XXXXXXX & CO. INC.
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 18th day of November, 1992, before me personally
appeared Xxxxx X. XxXxxxx, to me known, who being by me duly sworn, said that
he is an Authorized Signatory of Bear, Xxxxxxx & Co. Inc., one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXXXX XXXXXX
NOTARY PUBLIC, State of New York
No. _____________
Qualified in the County of New
York
Commission Expires Aug. 31, 1994
Municipal Securities Trust,
Series 53
-4-
C/M 11939.0001 407393.1
GRUNTAL & CO., INCORPORATED
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 17th day of November, 1992, before me personally
appeared Xxxxxx Xxxxxxxxx, to me known, who being by me duly sworn, said that
he is an Authorized Signatory of Gruntal & Co., Incorporated, one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXX X. XXXXXX
NOTARY PUBLIC, State of New York
No. 24-01BL4916761
Qualified in Kings County
Commission Expires December 28,
1993
Municipal Securities Trust,
Series 00
-0-
X/X 00000.0000 000000.0
XXXXXX XXXXXX TRUST COMPANY OF NEW YORK
Trustee
By
Assistant Vice President
(SEAL)
ATTEST:
Assistant Secretary
Municipal Securities Trust,
Series 53
-6-
C/M 11939.0001 407393.1
XXXXX INFORMATION SYSTEMS, INC.
By
President
(SEAL)
ATTEST:
Executive Vice President
and Secretary
Municipal Securities Trust,
Series 53
-7-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
PORTFOLIO
-------------------------
SERIES 53
-------------------------
As of November 19,1992
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Opt. - Optional(2) Trust(3)
--------------------------------------------------------------------------------------------------------------------------------
1 $100,000 Calif Hlth. Facs. Fincg. Auth. Hosp. Xxx. Xxxxx A1* 6.950% 10/01/05 @ 100 S.F. $ 103,458
(San Diego Hosp. Assoc.) Series 1991A 10/01/2021 10/01/01 @ 102 Opt.
2 500,000 Il. Hlth. Facs. Auth. Xxx. Xxxxx (Alexian Bros. A* 6.800% 1/01/16 @ 100 S.F. 496,810
Med. Cntr. Inc. Prjt.) Series 1992A 1/01/2022 1/01/02 @ 102 Opt.
3 370,000 Il. State Toll Hwy. Auth. Toll Hwy. Priority Rev. A+ 6.375% 1/01/13 @ 100 S.F. 366,718
Bonds 1992 Series A 1/01/2015 1/01/03 @ 102 Opt.
4 460,000 Village of Streamwood Il. Multi-Fam. Hsg. Rev. Aa* 6.700% 5/01/07 @ 100 S.F. 456,881
Bonds (FHA Insrd. Mtg. Loan-Southgate Manors 11/1/2028 1/01/01 @ 103 Opt.
Prjt.) Series 1992
5 460,000 In. Trans. Finc. Auth. Arpt. Facs. Lease Rev. A 6.250% 11/01/12 @ 100 S.F. 440,735
Bonds Series A 11/01/2016 11/01/02 @ 102 Opt.
6 470,000 N.M. Mtg. Finc. Auth. Hosp. Sngle. Fam. Mtg. AA 6.900% 1/01/13 @ 100 S.F. 479,358
Purch. Rfndg. Sr. Bonds 1992 Series A 7/01/2024 7/01/02 @ 102 Opt.
7 460,000(4)Richland Cnty. S.C. Poll. Cntr. Rev. Rfndg. A1* 6.550% No Sinking Fund 460,000
Bonds (Union Camp Corp. Prjt.) Series 1992C 11/01/2020 11/01/02 @ 102 Opt.
8 460,000 Tx. Natl. Res. Lab Commnty. Finc. Corp. Aa* 7.100% 12/01/13 @ 100 S.F. 474,173
Superconducting Super Collider Prjt. Lease Rev. 12/01/2021 12/01/01 @ 102 Opt.
Bonds
9 500,000 Wisc. Hlth. & Ed. Facs. Auth. (Mercy Hosp. of A* 6.600% 8/15/12 @ 100 S.F. 490,360
Janesville) Xxx. Xxxxx 8/15/2022 8/15/02 @ 102 Opt.
10 220,000 Savannah Ga. Econ. Dev. Auth. Xxx. Xxxxx Aaa* 0.000% No Sinking Fund 31,121
(Southern Care Corp. Fac.) Series 1991C 12/01/2021 None
$4,000,000 $3,799,614
========== ==========
-8-
C/M 11939.0001 407393.1
MUNICIPAL SECURITIES TRUST, MULTI-STATE SERIES 42
REFERENCE TRUST AGREEMENT
This Reference Trust Agreement, dated November 19, 1992,
among Bear, Xxxxxxx & Co. Inc. and Gruntal & Co., Incorporated, as Depositors,
United States Trust Company of New York, as Trustee, and Xxxxx S&P Evaluation
services, as Evaluator, sets forth certain provisions in full and incorporates
other provisions by reference to the document entitled "Municipal Securities
Trust, Multi-State Series 37 and Subsequent Series, Trust Indenture and
Agreement," dated June 30, 1989 (herein as amended or supplemented called the
"Indenture"), and such provisions as are set forth in full and such provisions
as are incorporated by reference constitute a single instrument.
W I T N E S S E T H T H A T :
In consideration of the premises and of the mutual agreements
contained herein, the Depositors, the Trustee, and the Evaluator agree as
follows:
PART I
STANDARD TERMS AND
CONDITIONS OF TRUST
Subject to the provisions of Part II hereof, all the
provisions contained in the Indenture are herein incorporated by reference in
their entirety and shall be deemed to be a part of this instrument as fully and
to the same extent as if those said provisions had been set forth in full in
this instrument, except, however, that all references to the words "Standard &
Poor's Corporation" appearing therein are hereby deleted and the words "Xxxxx
S&P Evaluation Services" are hereby added in place thereof.
C/M 11939.0001 407393.1
PART II
SPECIAL TERMS AND
CONDITIONS OF TRUST
The following special terms and conditions are hereby agreed
to:
(a) The interest-bearing obligations listed in Schedule A
hereto have been deposited in trust under this Indenture.
(b) For the purposes of the definition of the Unit in Article
I, the fractional undivided interest in and ownership of each State Trust is as
follows:
California Trust: 1/2,500
New York Trust: 1/2,500
Virginia Trust: 1/3,000
(c) The fiscal year for each State Trust shall end on June
30th of each year.
(d) The term Record Date shall mean the first day of each
month (or the last business day prior thereto) commencing on April 1, 1993 for
monthly distributions, June 1 and December 1 of each year for semi-annual
distributions (commencing on June 1, 1993) and December 1 of each year for
annual distributions (commencing on December 1, 1993).
(e) The term Payment Date shall mean the fifteenth day of
each month (or the last business day prior thereto) commencing on April 15,
1993 for monthly distributions, June 15 and December 15 of each year for
semi-annual distributions (commencing on June 15, 1993) and December 15 of each
year for annual distributions (commencing on December 15, 1993).
(f) All Certificateholders of record on March 1, 1993 (the
"First Record Date"), regardless of the plan distribution selected, will
receive a distribution to be made on or shortly after March 15, 1993 (the
"First Payment Date"), and thereafter distributions will be made monthly,
semi-annually or annually, depending upon the plan of distribution chosen by
each Certificateholder.
-2-
C/M 11939.0001 407393.1
(g) The First Settlement Date shall mean November 27, 1992.
(h) The number of Units referred to in Section 2.03 for each
State Trust is as follows:
California Trust: 2,500
New York Trust: 2,500
Virginia Trust: 3,000
(i) For the purposes of Section 4.02(a), the Evaluator shall
receive for each evaluation of the Bonds in the Trust a minimum fee of $5, plus
a fee of $0.25 for determining the aggregate value of each issue of Bonds in
excess of 50 issues (treating separate maturities of Bonds as separate issues).
(j) For the purposes of Section 6.01(g), the liquidation
amount of each State Trust is hereby specified to be as follows:
California Trust: $1,000,000
New York Trust: $1,000,000
Virginia Trust: $1,200,000
(k) For the purposes of Section 6.04, the Trustee shall be
paid per annum $1.10 per $1,000 principal amount of Bonds for that portion of
the California Trust under the monthly distribution plan, $.63 per $1,000
principal amount of Bonds for that portion of the California Trust under the
semi-annual distribution plan and $.36 per $1,000 principal amount of Bonds for
that portion of the California Trust under the annual distribution plan. During
the first year after the date hereof, such payments to the Trustee will be
reduced by a portion [a maximum of $.93 per Unit times the number of Units on
the monthly distribution plan, $.63 per Unit plus $.30 of the California Trust
expenses (to be assumed and paid by the Trustee) times the number of Units on
the semi-annual distribution plan and $.36 per Unit plus $.57 of the California
Trust expenses (to be assumed and paid by the Trustee) times the number of
Units on the annual distribution plan] of the amount of interest which accrues
on any "when, as and if issued" Bonds between the,first settlement date of the
California Trust and the respective dates of delivery of such Bonds.
(l) For the purposes of Section 6.04, the Trustee shall be
paid per annum $1.10 per $1,000 principal amount of Bonds for that portion of
the New York Trust under the monthly distribution plan, $.63 per $1,000
principal amount of Bonds for that portion of the New York Trust under the
semi-annual distribution plan and $.36 per $1,000 principal amount of Bonds for
that portion of the New York Trust under the annual distribution plan. During
the first year after the date hereof,
-3-
C/M 11939.0001 407393.1
such payments to the Trustee will be reduced by a portion [a maximum of $.93
per Unit times the number of Units on the monthly distribution plan, $.63 per
Unit plus $.30 of New York Trust expenses (to be assumed and paid by the
Trustee) times the number of Units on the semi-annual distribution plan and
$.36 per Unit plus $.57 of New York Trust expenses (to be assumed and paid by
the Trustee) times the number of Units on the annual distribution plan] of the
amount of interest which accrues on any "when, as and if issued" Bonds between
the first settlement date of the New York Trust and the respective dates of
delivery of such Bonds.
(m) For the purposes of Section 6.04, the Trustee shall be
paid per annum $1.10 per $1,000 principal amount of Bonds for that portion of
the Virginia Trust under the monthly distribution plan, $.63 per $1,000
principal amount of Bonds for that portion of the Virginia Trust under the
semi-annual distribution plan and $.36 per $1,000 principal amount of Bonds for
that portion of the Virginia Trust under the annual distribution plan. During
the first year after the date hereof, such payments to the Trustee will be
reduced by a portion [a maximum of $.93 per Unit times the number of Units on
the monthly distribution plan, $.63 per Unit plus $.30 of the Virginia Trust
expenses (to be assumed and paid by the Trustee) times the number of Units on
the semi-annual distribution plan and $.36 per Unit plus $.57 of the Virginia
Trust expenses (to be assumed and paid by the Trustee) times the number of
Units on the annual distribution plan] of the amount of interest which accrues
on any "when, as and if issued" Bonds between the first settlement date of the
Virginia Trust and the respective dates of delivery of such Bonds.
(n) For purposes of Section 7.04, the Depositors' annual fee
is hereby specified to be $.25 per $1,000 principal amount of Bonds in the
State Trusts.
(o) For purposes of this Series of Municipal Securities
Trust, the form of Certificate set forth in this Indenture shall be
appropriately modified to reflect the title of this Series as set forth above.
IN WITNESS WHEREOF, the parties hereto have caused this
Reference Trust Agreement to be duly executed on the date first above written.
(Signatures on separate pages]
-4-
C/M 11939.0001 407393.1
BEAR, XXXXXXX & CO. INC.
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 18th day of November, 1992, before me personally
appeared Xxxxx X. XxXxxxx, to me known, who being by me duly sworn, said that
he is an Authorized Signatory of Bear, Xxxxxxx & Co. Inc., one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXXXX XXXXXX
NOTARY PUBLIC, State of New York
No. ____________
Qualified in the County of New
York
Term Expires Aug. 31, 1994
Municipal Securities Trust,
Multi-State Series 42
-5-
C/M 11939.0001 407393.1
GRUNTAL & CO., INCORPORATED
Depositor
By
Authorized Signatory
STATE OF NEW YORK )
) ss.:
COUNTY OF NEW YORK )
On this 17th day of November, 1992, before me personally
appeared Xxxxxx Xxxxxxxxx, to me known, who being by me duly sworn, said that
he is an Authorized Signatory of Gruntal & Co., Incorporated, one of the
corporations described in and which executed the foregoing instrument, and that
he signed his name thereto by authority of the Board of Directors of said
corporation.
Notary Public
XXXX X. XXXXXX
NOTARY PUBLIC, State of New York
No. 24-01BL4916761
Qualified in Kings County
Commission Expires December 28,
1993
Municipal Securities Trust,
Multi-State Series 00
-0-
X/X 00000.0000 000000.0
XXXXXX XXXXXX TRUST COMPANY OF NEW YORK
Trustee
By
Assistant Vice President
(SEAL)
ATTEST:
Assistant Secretary
Municipal Securities Trust,
Multi-State Series 42
-7-
C/M 11939.0001 407393.1
XXXXX INFORMATION SYSTEMS, INC.
By
President
(SEAL)
ATTEST:
Executive Vice President
and Secretary
Municipal Securities Trust,
Multi-State Series 42
-8-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
MULTI-STATE SERIES 42
PORTFOLIO
-----------------------------------------------------------------------
CALIFORNIA TRUST (Long-Intermediate)
-----------------------------------------------------------------------
As of November 19, 1992
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Opt. - Optional(2) Trust(3)
-----------------------------------------------------------------------------------------------------------------------------------
1 $ 300,000 Coachilla Valley Ca. Wtr. Dstrct. 1992 Certs. of Part. A* 6.350% No Sinking Fund $ 302,457
(Flood Cntrl. Prjt.) Imprvmt. Dstrct. No. 71 (Storm 10/01/2004 10/01/02 @ 102 Opt.
Wtr. Dstrct) (Riverside, Imperial, & San Diego Cntys.
Ca.)
2 300,000 Desert Ca. Hosp. Dstrct. Insrd. Hosp. Rev. Certs. of AAA 6.250% No Sinking Fund 304,623
Part. (Desert Hosp. Corp. Prjt.) Series 1992 (Capital 7/01/2003 7/01/02 @ 102 Opt.
Guaranty)
3 350,000 Fresno Cnty. Ca. Certs. of Part. Fresno Unified Schl. A(Con.)* 6.500% No Sinking Fund 351,208
Dstrct. For Project Phase IX Series 1992B 5/01/2006 5/01/00 @ 102 Opt.
4 300,000 Los Angeles Cnty. Ca. Trans. Cmmsion. Propstion. C A1* 6.200% No Sinking Fund 303,690
Sales Tax Xxx. Xxxxx Second Sr. Bonds Series 1992A 7/01/2004 None
5 300,000(4) Oakland Ca. Statewide Cmmntys. Dev. Auth. 1992 AAA 6.000% No Sinking Fund 300,000
Lease Xxx. Xxxxx (City of Oakland Cnvntn. Cntrs. 10/01/2004 10/01/02 @ 102 Opt.
Prjt.) (AMBAC)
6 315,000 Orange Cnty. Ca. Trans. Dstrct. Certs. of Part. (1990 A1* 6.750% 12/01/00 @ 100 S.F. 325,735
Bus Acqstion. Prjt.) Fincg. Corp. 12/01/2005 12/01/00 @ 101 Opt.
7 120,000 City of Santa Monica Ca. Redev. Agncy. Ocean Park A+ 6.200% No Sinking Fund 120,000
Redev. Prjts. Rev. Rfndg. Bonds Series 1992 7/01/2005 7/01/02 @ 102 Opt.
8 140,000 City of Santa Monica Ca. Redev. Agncy. Ocean Park A+ 6.300% No Sinking Fund 140,000
Redev. Prjts. Rev. Rfndg. Bonds Series 1992 7/01/2006 7/01/02 @ 102 Opt.
9 250,000 P.R. Cmmnwlth. Hwy. Auth. Hwy. Rev. Rfndg. A 6.750% 7/01/05 @ 100 S.F. 258,910
Bonds Series R 7/01/2005 7/01/00 @ 102 Opt.
10 125,000 Cmmnwlth. of P.R. Pub. Imprvmnt. Genl. Oblig. A 0.000% No Sinking Fund 54,061
Rfndg. Xxx. Xxxxx Series 1988 7/01/2006 None
$2,500,000 $2,460,684
========== ==========
-9-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
MULTI-STATE SERIES 42
PORTFOLIO
----------------------------------
NEW YORK TRUST
----------------------------------
As of November 19, 1992
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Opt. - Optional(2) Trust(3)
------------------------------------------------------------------------------------------------------------------------------------
1 $ 255,000 N.Y. State Genl. Oblg. Xxx. Xxxxx A* 6.875% No Sinking Fund $ 263,558
3/01/2020 3/01/02 @ 102 Opt.
2 270,000 N.Y. State Hsg. Finc. Agncy. Insrd. Multi-Fam. AAA 6.500% 2/15/15 @ 100 S.F. 270,675
Mtg. Hsg. Xxx. Xxxxx 1992 Series C 8/15/2024 8/15/2024 @ 102 Opt.
3 250,000 N.Y. Local Gov. Assis. Corp. (A Pub. Benefit A 7.000% 4/01/12 @ 100 S.F. 259,295
Corp. of the State of N.Y.) Xxx. Xxxxx Series 4/01/2016 4/01/01 @ 102 Opt.
1991A
4 350,000 N.Y. State Med. Care Facs. Finc. Agncy. Hosp. & Aa* 6.650% 8/15/04 @ 100 S.F. 351,750
Nrsg. Home Insrd. Mtg. Xxx. Xxxxx 1992 8/15/2032 8/15/02 @ 102 Opt.
Series C
5 350,000 N.Y. City Genl. Oblig. Xxx. Xxxxx Series C A- 7.000% No Sinking Fund 355,537
Subseries C1 8/01/2016 8/01/02 @ 101.5 Opt.
6 300,000 N.Y. City Muni. Wtr. Finc. Auth. Wtr. & Swr. A* 6.000% 6/15/17 @ 100 S.F. 281,127
Sys. Xxx. Xxxxx Fiscal 1990 Series A 6/15/2019 6/15/99 @ 100 Opt.
7 300,000 Oneida N.Y. Hlth. Care Corp. Mtg. Xxx. Xxxxx AA- 7.200% 2/01/07 @ 100 S.F. 317,160
(FHA Insrd. Mtg. Loan-Oneida Hlth. Care Corp. 8/01/2031 8/01/01 @ 102 Opt.
Resdntl. Hlth. Care Fac. Prjt.) Series 1991A
8 300,000 P.R. Commnwlth. Hwy. & Trans. Auth. Hwy. Rev. A 6.625% 7/01/13 @ 100 S.F. 304,218
Bonds 7/01/2018 7/01/02 @ 101.5 Opt.
9 125,000 N.Y. State Mtg. Agncy. Hmownr. Mtg. Rev. Aa* 0.000% 4/01/12 @ 52.88 S.F. 12,312
Bonds Series II 4/01/2020 4/01/99 @ 19.34 Opt.
$2,500,000 $2,415,632
========== ==========
-10-
C/M 11939.0001 407393.1
SCHEDULE A
MUNICIPAL SECURITIES TRUST
MULTI-STATE SERIES 42
PORTFOLIO
----------------------------------
VIRGINIA TRUST
----------------------------------
As of November 19, 1992
A MONTHLY PAYMENT SERIES
SEMI-ANNUAL PAYMENT SERIES OR ANNUAL PAYMENT SERIES
Aggregate Name of Issuer and Coupon/ Redemption Feature Cost of
Portfolio Principal Title of Bonds Maturity S.F. - Sinking Fund Bonds to
No. Amount Contracted for(5) Ratings(1) Date(s)(2) Opt. - Optional(2) Trust(3)
-----------------------------------------------------------------------------------------------------------------------------------
1 $ 500,000 Va. State Hsg. Dev. Auth. Cnmnwlth. Mtg. Rev. Aa* 6.900% 1/01/10 @ 100 S.F. $515,280
Bonds Series B 7/01/2013 1/01/00 @ 102 Opt.
2 500,000 Albemarle Cnty. Va. Ind. Dev. Auth. Hlth. A+ 6.500% 10/01/13 @ 100 S.F. 496,685
Servs. Xxx. Xxxxx (The Univ. of Va. Hlth. 10/01/2022 10/01/02 @ 102 Opt.
Servs. Fndtion.) Series 1992
3 500,000 Arlington Cnty. Va. Ind. Dev. Auth. Hosp. Rev. A1* 7.000% 9/01/06 @ 100 S.F. 521,065
Bonds (The Arlington Hosp.) Series 1991A 9/01/2011 9/01/01 @ 102 Opt.
4 250,000 Harrisonburg Va. Redev. & Hsg. Auth. Pub. Fac. A1* 6.500% 9/01/07 @ 100 S.F. 251,628
Lease Xxx. Xxxxx (Rockingham Cnty. & City of 9/01/2014 9/01/01 @ 100 Opt.
Harrisonburg Prjt.) Series 1991
5 400,000 Loudoun Cnty. Va. Ind. Dev. Auth. A1* 6.250% 5/15/13 @ 100 S.F. 392,084
Univ. Facs. Rev. Rfndg. Bonds (The Xxxxxx 5/15/2022 5/15/02 @ 102 Opt.
Washington Univ.) Series 1992
6 250,000 Met. Wash. Va. Arpts. Auth. Arpt. Sys. Rev. AAA 6.250% 10/01/20 @ 100 S.F. 245,067
Bonds Series 0000X (XXX) (XXXX Corp.) 10/01/2021 10/01/02 @ 102 Opt.
7 450,000 Peninsula Ports Auth. of Va. Hlth. Sys. Aa* 6.625% 7/01/11 @ 100 S.F. 458,168
Rev. & Rfndg. Bonds (Riverside Hlth. Sys. 7/01/2018 7/01/02 @ 102 Opt.
Prjt.) Series 1992-A
8 150,000 P.R. Elec. Pwr. Auth. Pwr. Xxx. Xxxxx Series O A- 0.000% No Sinking Fund 29,965
7/01/2017 None
$3,000,000 $2,909,942
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C/M 11939.0001 407393.1
