Exhibit 99.9
GE CAPITAL MORTGAGE SERVICES, INC.
SERVICER'S CERTIFICATE
SEPTEMBER 1996
REMIC Multi-Class Pass-Through Certificates
Series 1995-5
Pursuant to the Pooling and Servicing Agreement dated as of July 1, 1995
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank and Trust Company (the "Trustee"), governing the Certificates
referred to above, the Company hereby certifies to the Trustee:
With respect to the Agreement and as of the Determination Date for this
month:
A. Mortgage Loan Information:
1. Aggregate Scheduled Monthly Payments:
(a) Principal .................................... $ 101,341.98
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(b) Interest ..................................... $ 991,443.71
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(c) Total ........................................ $ 1,092,785.69
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2. Aggregate Monthly Payments Received and Monthly
Advances made this month:
(a) Principal .................................... $ 101,341.98
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(b) Interest ..................................... $ 966,141.06
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(c) Total ........................................ $ 1,067,483.04
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3. Aggregate Principal Prepayments in part received
and applied in prior month: ...................... $ 72,687.55
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4. Aggregate Principal Prepayments in full received
in prior month:
(a) Principal .................................... $ 0.00
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(b) Interest ..................................... $ 0.00
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(c) Total ........................................ $ 0.00
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5. Aggregate Insurance Proceeds for prior month:
(a) Principal .................................... $ 0.00
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(b) Interest ..................................... $ 0.00
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(c) Total ........................................ $ 0.00
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6. Aggregate Liquidation Proceeds for prior month:
(a) Principal .................................... $ 0.00
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(b) Interest ..................................... $ 0.00
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(c) Total ........................................ $ 0.00
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7. Aggregate Purchase Prices for Defaulted and
Modified Mortgage Loans:
(a) Principal .................................... $ 0.00
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(b) Interest ..................................... $ 0.00
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(c) Total ........................................ $ 0.00
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8. Aggregate Purchase Prices (and substitution
adjustments) for Defective Mortgage Loans:
(a) Principal .................................... $ 0.00
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(b) Interest ..................................... $ 0.00
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(c) Total ........................................ $ 0.00
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9. Pool Scheduled Principal Balance: ................ $139,090,784.89
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10. Available Funds: ................................. $ 1,140,170.59
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11. Realized Losses for prior month: ................. $ 0.00
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12. Aggregate Realized Losses:
(a) Deficient Valuations: ........................ $ 0.00
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(b) Special Hazard Losses: ....................... $ 0.00
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(c) Fraud Losses: ................................ $ 0.00
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(d) Excess Bankruptcy Losses: .................... $ 0.00
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(e) Excess Special Hazard Losses: ................ $ 0.00
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(f) Excess Fraud Losses: ......................... $ 0.00
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(g) Debt Service Reductions: ..................... $ 0.00
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13. Compensating Interest Payment: ................... $ 496.46
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14. Accrued Certificate Interest, Unpaid Class
Interest Shortfalls and Pay-out Rate:
Class 5-A1 ............... $337,946.13 $ 0.00 7.50000000%
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Class 5-A2 ............... $223,956.25 $ 0.00 7.50000000%
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Class 5-A3 ............... $ 60,356.25 $ 0.00 7.50000000%
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Class 5-A4 ............... $ 40,410.00 $ 0.00 9.00000000%
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Class 5-A5 ............... $ 51,718.33 $ 0.00 7.00000000%
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Class 5-A6 ............... $ 3,556.25 $ 0.00 7.50000000%
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Class 5-A7 ............... $ 43,125.00 $ 0.00 7.50000000%
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Class 5-A8 ............... $ 42,577.50 $ 0.00 7.00000000%
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Class 5-M ................ $ 21,937.28 $ 0.00 7.50000000%
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Class 5-B1 ............... $ 13,713.90 $ 0.00 7.50000000%
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Class 5-B2 ............... $ 16,452.96 $ 0.00 7.50000000%
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Class 5-B3 ............... $ 5,484.32 $ 0.00 7.50000000%
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Class 5-B4 ............... $ 2,742.16 $ 0.00 7.50000000%
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Class 5-B5 ............... $ 5,495.43 $ 0.00 7.50000000%
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Class 5-S ................ $ 96,668.35 $ 0.00 0.86440361%
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Class 5-R ................ $ 0.63 $ 0.00 7.50000000%
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15. Principal distributable
Class 5-A1 .... $ 166,205.38 Class 5-PO .... $ 163.79
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Class 5-A2 .... $ 0.00 Class 5-M ..... $ 2,552.90
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Class 5-A3 .... $ 0.00 Class 5-B1 .... $ 1,595.92
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Class 5-A4* ... $ 0.00 Class 5-B2 .... $ 1,914.68
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Class 5-A5* ... $ 0.00 Class 5-B3 .... $ 638.23
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Class 5-A6* ... $ 0.00 Class 5-B4 .... $ 319.11
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Class 5-A7 .... $ 0.00 Class 5-B5 .... $ 639.52
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Class 5-A8 .... $ 0.00 Class 5-R ..... $ 0.00
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16. Additional distributions to the Class 5-R
Certificate pursuant to Section 4.01(b): ......... $ 0.00
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17. Certificate Interest Rates of:
Class 5-S Certificates: ... 0.864404%
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* After giving effect to reimbursement of related Rounding Account and
withdrawal of Rounding Amount on such Distribution Date pursuant to Section
4.01(e)
18. The Rounding Account for:
Class A4 Certificates $ 999.99
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Class A5 Certificates $ 999.99
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Class A6 Certificates $ 999.99
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B. Other Amounts:
1. Senior Percentage for such Distribution Date: .... 92.429200%
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2. Senior Prepayment Percentage for such Distribution
Date: ............................................ 100.000000%
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3. Junior Percentage for such Distribution Date: .... 7.570800%
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4. Junior Prepayment Percentage for such Distribution
Date: ............................................ 0.000000%
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5. Subordinate Certificate Writedown Amount for such
Distribution Date: ............................... $ 0.00
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6. Prepayment Distribution Triggers satisfied:
YES NO
--- --
Class 5-B1........ X
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Class 5-B2........ X
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Class 5-B3........ X
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Class 5-B4........ X
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Class 5-B5........ X
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C. Rounding Account Activity:
Class A4 Class A5 Class A6
1. Opening Balance $999.99 $999.99 $999.99
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2. Reimbursement
pursuant to Section
4.01(e) (i) $ 0.00 $ 0.00 $ 0.00
------- ------- -------
3. Rounding Amount
(withdrawal) $ 0.00 $ 0.00 $ 0.00
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4. Closing Balance $999.99 $999.99 $999.99
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5. Amount, if any
distributable to
Class R Certificates
(pursuant to Section
4.01(e)) as set forth
in A. (16) above $ 0.00 $ 0.00 $ 0.00
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reimbursable on next
Distribution Date
(same as 3 above) $ 0.00 $ 0.00 $ 0.00
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Capitalized terms used in this Certificate shall have the same meanings as in
the Agreement.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Xxxxx Xxxxxxx
-----------------------------------
Xxxxx Xxxxxxx
Vice-President,
Investor Operations
