Xxxxxxx Xxxxx
Credit Corporation
Private Client Group
0000 Xxxx Xxxx Xxxxx Xxxx
Xxxxxxxxxxxx, Xxxxxxx 00000-6484
000 000 0000
000 000 0000
OFFICERS' CERTIFICATE
ANNUAL STATEMENT AS TO COMPLIANCE
(LOGO) Xxxxxxx Xxxxx
Re: Norwest Funding, Inc. ("Owner"),
Xxxxxxx Xxxxx Credit Corporation ("Company"),
Master Servicing Agreement dated as April 1, 1998 ("Agreement")
Pursuant to the above Agreement, the Company hereby states:
1. A review of the activities of the Company during the 1999
calendar year and of its performance under the Agreement has been made under the
supervision of each of the undersigned officers.
2. To the best of each such officer's knowledge, based on such
review, the Company has fulfilled all of its material obligations under the
Agreement in all material respects throughout such year, except with regard to
the following matter:
In connection with certain Mortgage Loans, the Company may
have deducted interest, to which it was entitled, from
certain xxxxxxxx0 prepayments, and applied the remainder of
the prepayment to reduce the principal balance The related
Notes contemplate that principal prepayments be applied to
reduce the amount of principal owed under the Note, and
that the borrower be subsequently billed for the interest
owed. The practice has been discontinued.
Dated: March 31, 2000
Xxxxxxx Xxxxx Credit Corporation
By: Xxxxx X. Xxxxx, Vice President
Xxx X. Xxxxxxx,Vice President
