SUBSEQUENT TRANSFER INSTRUMENT NUMBER THREE
Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
October 30, 1997, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1997-3, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of September 1, 1997, among Superior
Bank FSB, as Depositor, Xxx Xxxxxxxxx Company, a Division of Superior Bank FSB,
as Servicer, and LaSalle National Bank, as Trustee (the "Pooling and Servicing
Agreement"), the Depositor and the Trustee agree to the sale by the Depositor
and the purchase by the Trustee, on behalf of the Trust Fund, of the Mortgage
Loans listed on the attached Schedule of Mortgage Loans (the "Subsequent
Mortgage Loans").
Capitalized terms used and not defined herein have their respective
meanings as set forth in the Pooling and Servicing Agreement.
Section 1. Conveyance of Subsequent Mortgage Loans.
(a) The Depositor does hereby sell, transfer, assign, set over and convey
to the Trustee, on behalf of the Trust Fund, without recourse, all of its right,
title and interest in and to the Subsequent Mortgage Loans, excepting the
Depositor's Yield, and including all amounts due on the Subsequent Mortgage
Loans after the related Subsequent Cut-Off Date, and all items with respect to
the Subsequent Mortgage Loans to be delivered pursuant to Section 2.04 of the
Pooling and Servicing Agreement; provided, however that the Depositor reserves
and retains all right, title and interest in and to amounts (including
Prepayments, Curtailments and Excess Payments) due on the Subsequent Mortgage
Loans on or prior to the related Subsequent Cut-off Date. The Depositor,
contemporaneously with the delivery of this Agreement, has delivered or caused
to be delivered to the Trustee or, if a Custodian has been appointed pursuant to
Section 12.12 of the Pooling and Servicing Agreement, to the Custodian each item
set forth in Section 2.04 of the Pooling and Servicing Agreement. The transfer
to the Trustee by the Depositor of the Subsequent Mortgage Loans identified on
the Schedule of Mortgage Loans shall be absolute and is intended by the
Depositor, the Servicer, the Trustee and the Certificateholders to constitute
and to be treated as a sale by the Depositor to the Trust Fund.
(b) The expenses and costs relating to the delivery of the Subsequent
Mortgage Loans, this Instrument and the Pooling and Servicing Agreement shall be
borne by the Depositor.
(c) Additional terms of the sale are set forth on Attachment A hereto.
1
Section 2. Representations and Warranties; Conditions Precedent.
(a) The Depositor hereby affirms the representations and warranties set
forth in Section 3.02 of the Pooling and Servicing Agreement that relate to the
Subsequent Mortgage Loans as of the date hereof. The Depositor hereby confirms
that each of the conditions set forth in Section 2.10(b), and as applicable,
Section 2.10(c) or Section 2.10(d), of the Pooling and Servicing Agreement are
satisfied as of the date hereof.
(b) All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified and confirmed; provided, however, that in the event of any
conflict the provisions of this Instrument shall control over the conflicting
provisions of the Pooling and Servicing Agreement.
Section 3. Recordation of Instrument.
To the extent permitted by applicable law, this Instrument, or a memorandum
thereof if permitted under applicable law, is subject to recordation in all
appropriate public offices for real property records in all of the counties or
other comparable jurisdictions in which any or all of the properties subject to
the Mortgages are situated, and in any other appropriate public recording office
or elsewhere, such recordation to be effected by the Servicer at the
Certificateholders' expense on direction of the Certificate Insurer or the
related Majority Certificateholders, but only when accompanied by an Opinion of
Counsel to the effect that such recordation materially and beneficially affects
the interests of the Certificateholders or is necessary for the administration
or servicing of the Mortgage Loans.
Section 4. Governing Law.
This Instrument shall be construed in accordance with the laws of the State
of New York and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws, without giving effect to
principles of conflicts of law.
Section 5. Counterparts.
This Instrument may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same instrument.
2
Section 6. Successors and Assigns.
This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.
SUPERIOR BANK FSB
By: /s/ XXXXXXX X. XXXXXXX
----------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Senior Vice President and
Chief Financial Officer
AFC MORTGAGE LOAN ASSET
BACKED CERTIFICATES, SERIES 1997-3
By: LASALLE NATIONAL BANK,
as Trustee
By: /s/ XXXXXXXX XXXXXX
----------------------------------
Name: Xxxxxxxx Xxxxxx
Title: Trust Officer
Attachments
A. Additional terms of the sale.
B. Schedule of Subsequent Mortgage Loans.
C. Opinions of Depositor's counsel (bankruptcy, corporate).
X. Xxxxxxxxx's Officer's certificate.
E. Opinion of Trustee's Counsel.
3
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1997-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 1
Series 1997-3
October 30, 1997
A.
1. Subsequent Cut-off Date: October 29, 1997
2. Pricing Date:
3. Subsequent Transfer Date: October 30, 1997
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $2,282,246.39
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject
of this Instrument:
1. Shortest original term to maturity: 120 months
2. Longest original term to maturity: 360 months
3. Lowest Mortgage Rate: 9.55%
4. Greatest Combined Loan-to-Value Ratio: 90.00%
5. Largest Principal Balance $303,750.00
[As to the final transfer of Subsequent
Mortgage Loans:]
6. Weighted Average Term since Origination: 1.20 months
7. January 1998 first payment date: 0%
8. WAC of all Mortgage Loans: 11.5070%
9. WAM of all Mortgage Loans: 223.68 months
10. Maximum weighted average CLTV: 77.71%
11. Balloon Loans: 35.08%
12. Largest Principal Balance: $574,000.00
13. Non-owner occupied Mortgaged Properties: 6.81%
14. Maximum zip code concentration: 0.77%
15. Condominiums: 0.40%
16. Single-family: 79.97%
17. Multifamily and Mixed Use Properties: 4.60%
18. Manufactured Housing: 2.74%
19. Periodic Payment Loans: 6.34%
4
AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1997-3
ATTACHMENT A TO SUBSEQUENT TRANSFER INSTRUMENT
NUMBER THREE FOR SUB-POOL 2
Series 1997-3
October 30, 1997
A.
1. Subsequent Cut-off Date: October 29, 1997
2. Pricing Date:
3. Subsequent Transfer Date: October 30, 1997
4. Aggregate Principal Balance of the Subsequent
Mortgage Loans as of the Subsequent Cut-off Date: $12,177,263.33
5. Purchase Price: 100.00%
B.
As to all the Subsequent Mortgage Loans the subject
of this Instrument:
1. Shortest original term to maturity: 240 months
2. Longest original term to maturity: 360 months
3. Minimum Gross Margin: 3.75%
4. Greatest Loan-to-Value Ratio: 90.00%
5. Maximum Mortgage Rate: 19.50%
6. Largest Principal Balance $499,000.00
[As to the final transfer of Subsequent
Mortgage Loans:]
7. Weighted Average Term since Origination: 1.31 months
8. January 1998 first payment date: 0%
9. WAC of all Mortgage Loans: 10.2310%
10. Weighted Average Gross Margin: 5.9470%
11. WAM of all Mortgage Loans: 353.04 months
12. Maximum Weighted average LTV: 79.73%
13. Largest Principal Balance: $577,500.00
14. Non-owner occupied Mortgaged Properties: 3.53%
15. Maximum zip code concentration: 0.88%
16. Condominiums: 1.36%
17. Single-family: 85.09%
18. Multifamily and Mixed Use Properties: 0.00%
19. Manufactured Housing: 0.87%
5
SCHEDULE OF MORTGAGE LOANS
6
Page 1 10/30/97
ALLIANCE FUNDING Sale Schedule
A division of Superior Bank FSB 1997-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/30/97
Pool LSAMS Zip
ID Sale ID Account Name Address City State Code
------------------------------------------------------------------------------------------------------------------------------
47 SBC96 800249849 XXXXXXXX XXXXX 000 XXXXXX XXXXX XXXXXX ROBINS GA 31093
47 SBC96 800272726 XXXXXXX XXXXXX 33-00 000XX XX XXXXXX XX 00000
47 SBC96 800277196 XXXX XXXXXX 0 XXXXX XXXXX XX XXXXX XX 00000
47 SBC96 800278079 XXXXXX XXXXX 138-5 WOODSIDE GREEN STAMFORD CT 06905
47 SBC96 800287450 XXXXXXXXX XXX 74 SHORE DR MASTIC BEACH NY 11951
47 SBC96 800288888 XXXXXX XXXXX AIE 000 XXXX 00XX XXXXXX XXXX XXXXXXXX XX 00000
47 SBC96 800289019 XXXXX XXXXXXX F 0 XXXXXXXXXX XXXXX XXXXXX XXXXXX XX 00000
47 SBC96 800289175 XXXXX XXXXXXX X 0000 XXXXXXXX XXX XXXXXXXX XX 00000
47 SBC96 800289654 XXXXXX XXXXXXX A 0000 XXXXXXX XXX XXXXX XXXX XXXXX XX 00000
47 SBC96 800289811 XXXXX XXXXX E 0000 XXXXXX XXXXX XXX XXXXXX XX 00000
47 SBC96 800291775 XXXXXXXXX XXXXX X 00000 X XXXXXXX XXXXX XXXXXXXX XXXXX XX 00000
47 SBC96 800293854 XXXX XXXX M 10697 WEST HALLS RIVER ROA HOMOSASSA FL 34448
47 SBC96 800295107 XXXXXXX XXXXXXX X. 00000 XXXXX 000XX XXXXX XXXXXXXXXX XX 00000
47 SBC96 800308751 XXXXXXXXX XXXXXXXX L 0000 XXXXX XXXXX XXXXXXXXXX XX 00000
47 SBC96 800310674 XXXXX XXXX 000 XXXXXX XXXXXX XXXXXXXX XX 00000
47 SBC96 800312142 XXXXXXX XXXXXXXX 000 XXXX 0XX XXXXXX XXXX XXXX XX 00000
47 SBC96 800314213 XXXXXX XXXX XXXXX 000 XXXXXXXXXX XXXXXX XXXXXXX UNIVERSITY PA 19352
47 SBC96 800322901 XXXX XXXXX 10213 XXXXXX COURT CORAL SPRINGS FL 33071
47 SBC96 800329609 XXXXX XXXXX M 000 XXXXX XXXXXXXX XXXXXX XXXXXXXXX XX 00000
47 SBC96 800330730 RIDER F XXXX 00000 X XXXXXXXXXX XXXXXX XXXXXX XX 00000
47 SBC96 800335317 XXXXXX XXXXX O 1912 BALSAM AVENUE GREELEY CO 80631
47 SBC96 800340572 XXXXXXXXXXX XXXXXXX X 000 XXXXXXX XXXX XXXXXXX XX 00000
47 SBC96 800343139 XXXXXXXX XXXXXXX M 0000 XXXXXXXXX XXX XXXX XX XXXXXXX XX 00000
47 SBC96 800347551 XXXXXX XXXXXXX 000 XXXXXXXX XXXXXX XXXXXXXX XX 00000
00 SBC96 800349854 XXXXXXXXXXX XXXXXXX 000 XXXXXXXXX XXXXXX XXXXXXXXX XX 00000
47 SBC96 800351066 XXXXX XXX C 0000 XXXXXX XXXX XXXXX XXXXXXXX XX 00000
47 SBC96 800352577 XXXXXXX XXXX E 0000 0XX XXXXXX XXXX XXXXXXXXX XX 00000
47 SBC96 800354326 XXXXXXX XXXXX X 0000-0000 XXXXXXXXX XXXXX XXXXXXXX XX 00000
47 SBC96 800355554 XXXXXX XXXX K 0000 XXXX XXXXXX XXXXXXXX XX 00000
47 SBC96 800357337 XXXXXXX XXXXXXX 0000 00XX XXXXXX XXXXX XX XXXXXXXXXX XX 00000
47 SBC96 800359390 ST CROIX XXXXXX XXXXXX 0000 XXXX XXXX XXXXX XXX XXXX XXXXXX XX 00000
47 SBC96 800360224 XXXXXXX XXXXXX E 00000 XXXXXXXX XXXXX XXXX XX 00000
47 SBC96 800360851 XXXX XXXXXXX 00000 XX 00XX XXXXX XXXXXXXX XX 00000
47 SBC96 800362212 XXXX XXXXXXXXX X 0000 XXXXXXX XXXX XXXXXX XXXXXXXXXXX XX 00000
47 SBC96 800365579 XXXXXXX XXXXX O 40 XXXXXXX DRIVE LITTLESTOWN PA 17340
47 SBC96 800368508 XXXXXXXX XXXXXX T 0000 XXXX XXXXXXX XXX XXXX XXXXXX XX 00000
47 SBC96 800368821 XXXXX XXXXX E 00 XXXXX XXXXX XXXX XX 00000
47 SBC96 800370900 XXXXXX XXXXXXXX XXXXX 0000 XXXXXXXXXX XXXXX XXXX XXXXXX XXXX XX 00000
47 SBC96 800378903 XXXXXXXXX XXXXX 0000 XXXXX 00XX XXXXXX XXXXXXXXXXXX XX 00000
00 SBC96 800382723 XXXX XXXXXX 0 XXXXXXXXXX XXXX XXXX XXXXXXX XX 00000
47 SBC96 800383176 XXXXXX XXXXXX 00 XXXXXX XXXXXX XXXXXXX XX 00000
00 SBC96 800388183 XXXXXXX XXXXX B 1030-0000 XXXXXXX XXX XXXXXXXX XX 00000
-----------------------------------------
42 Sale Total
42 Total with Superior
42 Grand Total
Principal Cut-off Date First Original Current Scheduled
LSAMS Balance at Principal Payment Maturity Rem Date LTV Mortgage Payment
Account Origination Balance Date Date Term Due Ratio Rate Int & Prin
--------- ------------ ------------ -------- -------- ------ -------- ---- ------ ----------
800249849 39,100.00 39,030.23 09/01/97 08/01/12 177.07 11/01/97 85.0 13.200 499.87
800272726 117,000.00 117,000.00 11/01/97 10/01/12 179.08 11/01/97 90.0 11.300 1,140.82
800277196 32,000.00 32,000.00 10/22/97 09/22/12 178.78 10/22/97 79.9 13.800 421.87
800278079 27,950.00 27,831.99 09/28/97 08/28/12 177.96 11/28/97 65.0 9.650 238.08
800287450 61,200.00 61,200.00 10/04/97 09/04/27 358.19 10/04/97 85.0 12.950 674.60
800288888 58,400.00 58,400.00 09/22/97 08/22/12 177.76 10/22/97 80.0 13.040 647.85
800289019 48,900.00 48,849.32 10/01/97 09/01/17 238.09 11/01/97 89.7 12.950 571.16
800289175 24,300.00 24,300.00 09/04/97 08/04/12 177.17 10/04/97 89.9 12.600 301.09
800289654 25,500.00 25,500.00 10/19/97 09/19/12 178.68 10/19/97 85.0 12.100 307.69
800289811 22,000.00 22,000.00 10/08/97 09/08/12 178.32 10/08/97 84.8 13.150 280.53
800291775 24,800.00 24,751.98 09/13/97 08/13/12 177.47 11/13/97 90.0 12.350 303.25
800293854 45,900.00 45,891.70 09/27/97 08/27/27 357.93 10/27/97 85.0 11.000 437.12
800295107 32,000.00 32,000.00 09/01/97 08/01/12 177.07 11/01/97 79.9 11.250 310.80
800308751 37,500.00 37,393.24 10/24/97 09/24/12 178.85 11/24/97 75.0 11.600 440.46
800310674 20,400.00 20,400.00 10/22/97 09/22/12 178.78 11/22/97 85.0 12.600 219.30
800312142 128,700.00 128,700.00 10/11/97 09/11/12 178.42 10/11/97 90.0 11.550 1,279.42
800314213 36,200.00 36,200.00 09/13/97 08/13/12 177.47 10/13/97 89.9 11.700 364.02
800322901 66,600.00 66,600.00 09/25/97 08/25/12 177.86 10/25/97 74.6 12.500 820.86
800329609 45,000.00 45,000.00 10/09/97 09/09/12 178.36 10/09/97 90.0 10.650 416.69
800330730 21,520.00 21,503.78 10/17/97 09/17/12 178.62 11/17/97 79.8 13.600 280.83
800335317 45,900.00 45,900.00 10/08/97 09/08/12 178.32 11/08/97 79.8 11.900 468.61
800340572 34,500.00 34,500.00 09/26/97 08/26/12 177.90 10/26/97 89.9 12.000 354.87
800343139 11,125.00 11,068.02 10/26/97 09/26/12 178.92 11/26/97 79.9 12.350 136.03
800347551 127,000.00 127,000.00 10/18/97 09/18/27 358.65 11/18/97 74.7 12.350 1,340.65
800349854 144,000.00 144,000.00 10/04/97 09/04/12 178.19 11/04/97 90.0 11.550 1,431.52
800351066 27,200.00 27,200.00 10/26/97 09/26/12 178.92 10/26/97 80.0 12.550 336.13
800352577 15,650.00 15,650.00 10/08/97 09/08/12 178.32 11/08/97 89.9 11.400 181.83
800354326 16,973.00 16,973.00 10/24/97 09/24/12 178.85 10/24/97 66.5 9.900 181.36
800355554 12,500.00 12,493.62 10/15/97 09/15/12 178.55 11/15/97 89.3 11.950 149.62
800357337 15,000.00 14,886.97 10/22/97 09/22/12 178.78 11/22/97 87.8 11.950 179.54
800359390 17,000.00 16,963.32 10/15/97 09/15/07 118.55 11/15/97 83.5 11.350 237.56
800360224 60,800.00 60,800.00 10/13/97 09/13/12 178.49 11/13/97 78.2 11.375 705.43
800360851 117,000.00 117,000.00 11/01/97 10/01/12 179.08 11/01/97 84.9 10.750 1,092.17
800362212 303,750.00 303,750.00 10/10/97 09/10/27 358.39 10/10/97 75.0 11.700 3,054.45
800365579 37,500.00 37,500.00 10/26/97 09/26/12 178.92 10/26/97 84.8 13.250 480.65
800368508 31,496.00 31,496.00 10/05/97 09/05/12 178.22 10/05/97 79.8 15.200 445.14
800368821 72,250.00 72,250.00 10/12/97 09/12/12 178.45 10/12/97 85.0 11.750 729.30
800370900 22,600.00 22,600.00 10/24/97 09/24/07 118.85 10/24/97 84.9 11.650 319.69
800378903 44,000.00 43,910.97 10/26/97 09/26/12 178.92 11/26/97 80.0 11.000 500.10
800382723 151,170.00 151,170.00 11/01/97 10/01/12 179.08 11/01/97 70.4 11.600 1,775.57
800383176 20,620.00 20,582.25 10/26/97 09/26/12 178.92 11/26/97 84.9 11.900 246.15
800388183 40,000.00 40,000.00 10/26/97 09/26/27 358.92 10/26/97 66.6 9.550 337.80
--------------------------- ------ ----------------------------
2,283,004.00 2,282,246.39 224.26 81.5 11.832 24,640.48
2,283,004.00 2,282,246.39 224.26 81.5 11.832 24,640.48
2,283,004.00 2,282,246.39 224.26 81.5 11.832 24,640.48
Alliance Funding Page 1 10/30/97
A division of Superior Bank FSB
Sale Schedule A
1997-3 Class 2-3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
LSAMS Zip
Pool ID Sale ID Account Name Address City State Code
---------------------------------------------------------------------------------------------------------------------------------
48 SB577 161514773 XXXXX XXXXX 6123 XXXXX COURT NORTH LAS VEGAS NV 89031
48 SB577 161528724 XXXXXX XXXXXX XX. 0000 XXXXX XXXXX XXXXXX XXXXXXXXX XX 00000
48 SB577 161533914 XXXXXXXXX XXXXXXX X 0000 XXXXXXXXX XXXXX XXXXXXXX XXXXXXX CO 80920
48 SB577 161536966 XXXXXXXX XXXX 18695 XXXXXX DETROIT MI 48221
48 SB577 161538632 XXXXXXXXX XXXXXXXX 0000 XXXXXX XXXXX XXXXXXXXX XX 00000
48 SB577 161540265 XXXXXX XXXXX A 000 XXXXXX XXXXXX XX. XXXXXXX MN 55972
48 SB577 161543426 XXXXXXXX XXXXXX 0000 XXXX XXXXXXXX XXXXXXX IL 60606
48 SB577 161544291 XXXXXX XXXXXX X 00000 XXXXXXX XXXXXX XXXXXX XX 60426
48 SB577 161549696 XXXX XXXXX X 12392 DRIFTWOOD DRIVE DEMOTTE IN 46310
48 SB577 161550835 XXXXXXXXX XXXXXXX 0000 XXXXX XXXX XXXXX XXXXXXX XX 00000
48 SB577 161550983 XXXXXXX XXXXX L 0000 XXXXXXXX XXXXXX XX XXXXXX XX 00000
48 SB577 161553144 XXXXX XXXXX 0000 XXXX 00XX XXXXXX XXXXXXX XX 00000
48 SB577 161553516 XXXXXXXX XXXXXX 10269 SMUGGLERS COVE REMINDERVILLE OH 44202
48 SB577 161553912 XXXXXXXXX XXXXX 125 LOGAN JOLIET IL 60433
48 SB577 161554100 XXXXXXXX XXXXXX 000 XXXX XXX XXXXXX XXXXXXXXXXXX XX 00000
48 SB577 161555420 XXXXX XXXXXX M 68 WEST XXXXXXXXXX PONTIAC MI 48340
48 SB577 161556758 XXXXXXXXX XXXXX E 00000 X XXXXXX XXXX 00X XXXXXXXXXX XX 00000
48 SB577 161557434 XXXXXX XXXXXX W 401 W 550 NORTH VALPARAISO IN 46383
48 SB577 161559257 XXXXXX XXXX A 000 X 00XX XXXXX XXXXX IN 46107
48 SB577 161559893 XXXX XXXXXXX X 0000 XXXXX XXXXXXXXXX XX XXXXXXXXXX IN 47714
48 SB577 161560164 XXXXXXXX XXXXXXX D 000 XXX XXXXXX XXXX XX 00000
48 SB577 161562178 XXXXXXXXXX XXXXXXX C 9206 SOUTH CLAREMONT CHICAGO IL 60620
48 SB577 161563234 XXXXXXXXX XXXXXXX X 308 XXXXXX DRIVE XXXXXXXX IN 46013
48 SB577 161564786 XXXXX XXXXXXXX 8245 SOUTH XXXXXX CHICAGO IL 60620
48 SB577 161566922 XXXXXXXX XXXXX A 1422 OHIO LANSING MI 48906
48 SB577 161570189 XXXXXXXXXX XXXXXX XX 000 XXXXXXXX XXXXXX XXXXXXXXX XX 00000
48 SBC579 180083008 XXXXXX XXXXXXXX L 00 XXXXXXX XX XXXXXXXXX XX 00000
48 SBC578 800178865 XXXXXXX XXXXX 000 XX XXXXX XXX XXXXXXXX XX 00000
48 SBC578 800200347 XXXXXX XXXXXXXXX 0 XXXXXXXXX XXXXXXX XXXXX XXXXXXXXX XX 00000
48 SBC578 800228546 XXXXXX XXXX 000 XXXX 00XX XXXXXX XXXXXXXX XX 00000
48 SBC579 800230716 XXXXX XXXXX D 0000 XXXXXX XXXX XXXXXXXXXX XX 00000
48 SBC578 800238719 XXXXX XXXX A 0000 XXXXXXXXXXXX XXXXXX XXXXXXXXXXX XX 00000
48 SBC579 800241283 XXXXXX XXXXX R 000 X XXXX XXXX XXXXX XXXXXXXX XXXXXXXX XX 00000
48 SBC578 800241424 XXXXXX XXXXXXXXX 00 XXXXXXXXX XXXX XXXXXX XXXXXX XX 00000
48 SBC578 800242034 XXXXXXXX XXXXX M 000 XXXXXX XXX XXX XXXXXX XXXXX XX 00000
48 SBC579 800246423 REGA BERNARDINO 0000 XXXXXX XXXX XXXXXXXXXXXXXX XX 00000
48 SBC578 800259913 XXXXX XXXXX 0000 XXXX XX XXXXXXXX XX 00000
48 SBC578 800260218 XXXXXX XXXXXX 000 XXXXXXXXX XXXXX XXXX XXXXX XX 00000
48 SBC578 800260408 XXXXXXXXX XXXXXXX XXXXXXX 000 0XX XXXXXX XXXXXXXXXXX XX 00000
48 SBC579 800263485 XXXXXX XXXX A 000 XXXXXX XXXX XXXXXXXXXXXX XX 00000
00 SBC578 800272981 XXXXXX XXXXX XXXX KILN XX XXXXXXXX NJ 07832
48 SBC578 800278491 XXXXXX XXXXXXX 000 XXXXX 0XX XXXXXX XXXXXX XX 00000
48 SBC579 800282550 XXXXXXX XXXXXXX 00 XXXX XXXXXX XXXXXX XX 00000
48 SBC578 800284309 DE XXXXXX XXXXXXXXXX X 000 XXXXXXXX XXXXX XXXX XXXXX XX 00000
48 SBC578 800292260 XXXXXXXX XXXXXXX 000 XXXXXXX XXXXXX XXXXXX XXXXXX XX 00000
48 SBC578 800293961 XXXX XXXX P 00 XXXXXX XX XXXXXXXXXX XX 00000
48 SBC578 800296709 XXXXXXXXXXX XXXX 000 XXXXXX XXXX XXXXX PA 19087
48 SBC578 800297525 XXXXXX XXXXXX N 000 XXXXXXXX XXXXXX XXXXX XXXXX XX 00000
48 SBC578 800301228 XXXXXXX XXXXXXX 000 XXXXXX XXXXXX XXXXXX XX 00000
48 SBC578 800304081 XXXXX XXXXXX 000 XXXXX XXXX XXXXX XXXX XXXXXXXXX XX 00000
48 SBC579 800308256 XXXXXXXX XXXXXXX P 000 XXXXX XXXX XXXXXXX XX 00000
48 SBC578 800309023 XXXXXX XXXXXXX 00 XXX XXXXX XXXXXX XXXXXX XX 00000
48 SBC579 800310013 XXXXXX XXXX A 0000 XXXXXXX XXXXX XXXXXXX XX 00000
48 SBC578 800313413 XXXX XXXXXXX 00 XXXXX XXXXXX XXXXXX XXXX XXXXXXX XX 00000
48 SBC578 800315418 XXXXXXX XXXXXXXX I 0 XXXX XXXX XXXXXXX XX 00000
48 SBC579 800316093 XXXXXXXXX XXXXXX J 00 XXXXXXXX XXXXX XXXXXXX XX 00000
48 SBC578 800316846 XXXXXXX XXXXXXXXXX 0000 XXXXXXXXX XXXXXX XXXXXXXXXXXX XX 00000
48 SBC578 800317083 XXXXXXXX XXXXXX D 0000 00XX XXXXXX XXXXXXXX XX 00000
48 SBC578 800317570 XXXXXXX XXXXXX X XXX#0 XXXX XXXX XXXXXXXXXXX XX 00000
48 SBC578 800319485 XXXXXX XXXXXXX 000 XXXXXX XXXXXX XXXXXX XXXXXX XX 00000
00 SBC578 800319618 XXXXX XXXXXXXXX L 0000 XXXXX XXXXXX XXXXX XXXXXXXXXXXXX XX 00000
48 SBC578 800322653 XXXXX XXXX 0000 X 00 XXXXXX XXXXXXXX XX 00000
00 SBC578 800322745 XXXXXXXXX XX XXXXXXX 0000 XXXXX 00XX XXXXXX XXXXXXX XX 00000
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
--------------------------------------------------------------------------------------------------------------
161514773 120,657.00 120,606.40 10/01/97 09/01/27 10.250 9.250 16.250 6.000
161528724 107,100.00 107,100.00 11/01/97 10/01/27 8.375 7.375 14.375 4.000
161533914 160,000.00 159,925.35 10/01/97 09/01/27 9.750 8.750 15.750 5.250
161536966 56,000.00 55,983.06 10/01/97 09/01/27 11.750 10.750 17.750 7.125
161538632 94,500.00 94,500.00 11/01/97 10/01/27 10.000 10.000 16.000 6.250
161540265 92,800.00 92,800.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161543426 37,100.00 37,100.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161544291 34,200.00 34,200.00 11/01/97 10/01/27 11.875 10.875 17.875 6.250
161549696 250,000.00 250,000.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161550835 60,000.00 60,000.00 11/01/97 10/01/27 11.000 10.000 17.000 5.850
161550983 87,100.00 87,100.00 11/01/97 10/01/27 11.750 10.750 17.750 7.000
161553144 74,700.00 74,700.00 11/01/97 10/01/27 10.250 9.250 16.250 5.500
161553516 135,000.00 135,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161553912 30,750.00 30,750.00 11/01/97 10/01/27 11.250 10.250 17.250 6.000
161554100 32,400.00 32,400.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
161555420 65,600.00 65,600.00 11/01/97 10/01/27 12.625 11.625 18.625 7.500
161556758 119,000.00 119,000.00 11/01/97 10/01/27 9.250 8.250 15.250 4.250
161557434 89,200.00 89,200.00 11/01/97 10/01/27 12.625 11.625 18.625 7.000
161559257 68,400.00 68,400.00 11/01/97 10/01/27 11.000 10.000 17.000 6.250
161559893 33,800.00 33,800.00 11/01/97 10/01/27 10.500 9.500 16.500 5.750
161560164 94,500.00 94,500.00 11/01/97 10/01/27 10.875 9.875 16.875 6.250
161562178 120,000.00 120,000.00 11/01/97 10/01/27 12.750 11.750 18.750 7.500
161563234 95,600.00 95,600.00 11/01/97 10/01/27 11.875 10.875 17.875 7.000
161564786 55,000.00 55,000.00 11/01/97 10/01/27 10.625 9.625 16.625 5.000
161566922 28,800.00 28,800.00 11/01/97 10/01/27 9.250 8.250 15.250 4.500
161570189 145,000.00 145,000.00 11/01/97 10/01/27 8.750 7.750 14.750 3.750
180083008 124,270.00 123,803.83 02/01/97 01/01/27 9.625 9.625 15.625 7.250
800178865 225,400.00 225,107.68 07/01/97 06/01/27 11.500 10.500 17.500 6.750
800200347 60,800.00 60,800.00 10/01/97 09/01/27 13.375 12.375 19.375 8.200
800228546 127,500.00 127,426.66 08/01/97 07/01/27 12.000 11.000 18.000 7.500
800230716 89,200.00 89,116.42 08/01/97 07/01/27 9.750 8.750 15.750 6.250
800238719 68,700.00 68,642.14 09/01/97 08/01/27 10.250 9.250 16.250 6.250
800241283 95,625.00 95,550.69 09/01/97 08/01/27 10.625 9.625 16.625 6.000
800241424 97,600.00 97,549.39 10/01/97 09/01/27 9.250 9.250 15.250 5.900
800242034 62,600.00 62,504.42 08/01/97 07/01/27 9.375 9.375 15.375 6.750
800246423 81,000.00 80,897.23 08/01/97 07/01/27 10.250 9.250 16.250 6.750
800259913 104,000.00 103,835.18 05/01/97 04/01/27 11.625 11.625 17.625 8.250
800260218 200,000.00 199,904.19 10/01/97 09/01/27 9.625 8.625 15.625 5.050
800260408 51,000.00 50,951.15 09/01/97 08/01/27 9.625 8.625 15.625 4.750
800263485 45,900.00 45,862.36 09/01/97 08/01/27 10.375 10.375 16.375 7.000
800272981 161,100.00 161,100.00 11/01/97 10/01/27 10.000 10.000 16.000 6.800
800278491 100,000.00 99,869.69 07/01/97 06/01/27 10.125 10.125 16.125 6.250
800282550 232,262.00 232,199.14 10/01/97 09/01/27 12.250 11.250 18.250 7.775
800284309 32,400.00 32,400.00 11/01/97 10/01/27 12.750 11.750 18.750 7.500
800292260 168,000.00 168,000.00 11/01/97 10/01/27 10.500 10.500 16.500 7.150
800293961 90,000.00 90,000.00 11/01/97 10/01/27 10.000 9.000 16.000 5.000
800296709 106,900.00 106,856.11 09/01/97 08/01/27 13.500 12.500 19.500 8.500
800297525 85,500.00 85,456.82 10/01/97 09/01/27 9.375 9.375 15.375 5.750
800301228 159,000.00 159,000.00 11/01/97 10/01/27 10.125 9.125 16.125 5.900
800304081 66,950.00 66,950.00 11/01/97 10/01/27 13.500 12.500 19.500 8.650
800308256 73,600.00 73,551.43 09/01/97 08/01/27 11.375 11.375 17.375 8.000
800309023 139,500.00 139,500.00 11/01/97 10/01/27 9.750 9.750 15.750 6.400
800310013 43,850.00 43,827.86 10/01/97 09/01/27 9.375 8.375 15.375 5.750
800313413 142,400.00 142,400.00 11/01/97 10/01/27 11.625 10.625 17.625 7.150
800315418 194,400.00 194,311.68 10/01/97 09/01/27 9.875 9.875 15.875 6.500
800316093 139,200.00 139,200.00 11/01/97 10/01/27 13.000 12.000 19.000 8.300
800316846 30,000.00 30,000.00 11/01/97 10/01/27 10.625 9.625 16.625 5.500
800317083 499,000.00 499,000.00 10/01/97 09/01/27 10.250 9.250 16.250 5.850
800317570 102,840.00 102,801.28 11/01/97 10/01/27 10.750 9.750 16.750 6.500
800319485 121,500.00 121,500.00 11/01/97 10/01/27 10.875 9.875 16.875 6.650
800319618 104,000.00 104,000.00 11/01/97 10/01/27 12.250 11.250 18.250 7.450
800322653 270,000.00 270,000.00 11/01/97 10/01/27 10.125 10.125 16.125 6.400
800322745 54,000.00 54,000.00 11/01/97 10/01/27 10.875 9.875 16.875 6.550
Alliance Funding Page 2 10/30/97
A division of Superior Bank FSB
Sale Schedule A
1997-3 Class 2-3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
LSAMS Zip
Pool ID Sale ID Account Name Address City State Code
---------------------------------------------------------------------------------------------------------------------------------
48 SBC578 800323909 XXXXXXXX XXXXXXXX J 000 XXXXXXX XXXXX XXXXXXX XX 00000
48 SBC578 800324543 XXXXXXX XXXXXXX 000 XXXXXXXXX XXXXXX XXXXXXXX XX 00000
00 SBC578 800325656 XXXXXXX XXXXXX 000 XXXXX XXXXX XXXXXXXXX XX 00000
48 SBC578 800326993 XXXXXXX XXXXX XXXXXX 0 XXXXXXXXX XXXXXX XXXX XXXXXXX XX 00000
48 SBC578 800327116 XXXXXX XXXXXXXXX 0 XXX XXXXXX XXXXXXXXXX XX 00000
48 SBC578 800333171 XXXXXX XXXXXX A 0000 XXXX XXXXXXXX XXX XXXXX XX 00000
48 SBC578 800335259 XXXXXX XXXX X 000 XXXXXXXXX XXXXXX XXXXXXXX XX 00000
48 SBC579 800335382 XXXXXXXX XXXXXX 0000 X XXXXXXX XXXXXX XXXXXXXX XX 00000
48 SBC578 800335531 XXXXXXXXXX XXXXX X 0 XXXXXXX XXXXX XXX XXXXX XX 00000
48 SBC578 800335754 XXXXXX XXXXX X RR 1 BOX 22 CANTON PA 17724
48 SBC579 800336125 XXXXXXX XXXXX 000 XXXXXX XXXXXX XXXXXXXXX XX 00000
48 SBC578 800336729 XXXXXXX XXXXX 00 XXXXXXX XXX XXXXX XXXXXX XXX XXXXXX XX 00000
48 SBC578 800340176 XXXX XXXXXXXX 1143- 0000 XXXXXXXXX XXXXX XXXXXXXXXX XX 00000
48 SBC578 800340366 XXXXXXX XXXXXXXXX E 00000 XXXXXXX PLACE STEAMBOAT SPRINGS CO 80477
48 SBC578 800342628 XXXXX XXXX JO 0000 XXXXXXXX XXXXXX XXXXXXX XX 00000
48 SBC578 800342644 XXXXXXXX XXXXX 00-00 00XX XXXXXX XXXX XXXXXXXX XX 00000
48 SBC578 800342727 XXXXXXXX XXXXXX 000 00 000XX XXXXX XXXXXXXXXXX XXXXXXX XX 00000
48 SBC578 800343766 XXXXXX XXXXXXX XXXXXX 000 XXXXXX XXXXXX XXXXXXXX XXXXXX XXXXXX XX 00000
48 SBC578 800346595 XXXXXXXX XXXXXXX 000 XXXXX XXXXX XXXXX XXXX XXXXXX XX 00000
48 SBC578 800347577 XXXXXX XXXXX 000 XXXXXX XXXXX XXXX XXXXXX XXXXX XX 00000
48 SBC579 800348377 XXXXXX XXXXXX 000 XXXXX XXXXXXXX XXXXXX X. XXXXXXXXXX XX 00000
48 SBC578 800349235 XXXXXX XXXX E 0000 XXX XXXXXXXXX XXXX XXXXXX XX 00000
48 SBC578 800349250 XXXX XXXXXX E 000 XXXXXXX XXXXX XXXXXXXXX XX 00000
00 SBC578 800350670 XXXXX XXXXXXX L 00 XXXXXXXXX XXXXXX BEDMINSTER NJ 07921
48 SBC578 800352171 XXXXX XXXXX J 000 XXX XXXXXX XXXXXX XX 00000
48 SBC579 800352775 XXXX XXXXX 0000 XXXXXXXXXXX XXXXX XXXXXX XX 00000
48 SBC579 800355380 XXX XXXXXXXXX A 2860 OLDE SAVANNAH COVE SUWANEE GA 30174
48 SBC578 800356529 XXXXXX XXXXXXX 00 XXXX XXXXX XXXXX XX 00000
48 SBC578 800358947 XXXX XXXXXX R 457 ROOSEVELT DRIVE GENEVA OH 44041
48 SBC579 800359580 XXXXXX XXXXXX 000 XXXXXXXXX XXXXXX XXXXXXXX XX 00000
48 SBC578 800360661 XXXXXX XXXXXX W 745 XXXXXXXXXX RIDGE STONE MOUNTAIN GA 30087
48 SBC578 800360810 XXXXXXXX XXXXXX C 000 XXXXX XXXX XXXX XXXXXXXX XX 00000
48 SBC579 800360877 XXXXXXXX XXXXXXX 000 XXXXX XXXXXXXX XXXXXX XXXXXXXXXX XX 00000
48 SBC578 800362675 XXXXXXX XXXXXX X 000 XXXXXXXX XXXXXX XXXXXXXX XX 00000
48 SBC578 800368938 XXXXXXX XXXXXXX X. 0 XXXXX XXXXXX XXXXXXXX XXXX XX 00000
48 SBC579 800370132 XXXXXXX XXXXXXX M 000 XXXX X XXXXXX XXXXXX XX 00000
48 SBC578 800379737 XXXXXXXX XXX A 000 XXXXXXX XXX XXXX XXXXXX XX 00000
48 SBC578 800383655 XXXXXXXXX XXXXXX XXXX 0000 XXXXXX XXXXX XXXXXXXXXX XX 00000
48 SBC578 800383796 XXXXX XXXXXXX X 000 XXXXXXXXX XXXXXX XXXXXXXXXX XX 00000
00 SBC578 800384760 XXXXX, XXXXX X. 000 XXXXXX XXXX 000 XXXXXX XX 00000
48 SBC578 800390247 XXXXXXXX XXXX F 6391 00XX XXX XXXXX XXXXXXXX XXXX XX 00000
-----------------------------------------
104 Sale Total
104 Total with Superior
104 Grand Total
Principal Cut-off Date First Initial Minimum Maximum
LSAMS Balance at Principal Payment Maturity Mortage Mortgage Mortgage Gross
Account Origination Balance Date Date Rate Rate Rate Margin
--------------------------------------------------------------------------------------------------------------
800323909 375,000.00 375,000.00 11/01/97 10/01/27 9.625 8.625 15.625 5.000
800324543 162,000.00 162,000.00 10/01/97 09/01/27 9.375 9.375 15.375 6.050
800325656 117,000.00 116,950.94 10/01/97 09/01/27 10.250 9.250 16.250 5.750
800326993 52,800.00 52,800.00 11/01/97 10/01/27 10.625 9.625 16.625 5.750
800327116 113,000.00 113,000.00 11/01/97 10/01/27 10.750 9.750 16.750 6.250
800333171 137,250.00 137,250.00 11/01/97 10/01/27 11.500 10.500 17.500 7.150
800335259 130,400.00 130,400.00 11/01/97 10/01/27 12.500 11.500 18.500 8.250
800335382 90,000.00 90,000.00 11/01/97 10/01/27 9.375 9.375 15.375 6.050
800335531 91,200.00 91,200.00 11/01/97 10/01/27 8.500 7.500 14.500 4.500
800335754 52,700.00 52,700.00 11/01/97 10/01/27 11.125 10.125 17.125 6.500
800336125 95,625.00 95,585.96 10/01/97 09/01/27 10.375 10.375 16.375 7.000
800336729 71,920.00 71,920.00 11/01/97 10/01/27 11.625 10.625 17.625 7.250
800340176 77,000.00 77,000.00 11/01/97 10/01/27 10.125 9.125 16.125 5.900
800340366 216,500.00 216,500.00 11/01/97 10/01/27 10.125 10.125 16.125 6.750
800342628 58,800.00 58,800.00 11/01/97 10/01/27 8.750 7.750 14.750 4.500
800342644 186,300.00 186,300.00 11/01/97 10/01/27 9.125 9.125 15.125 5.750
800342727 112,800.00 112,800.00 11/01/97 10/01/27 13.125 12.125 19.125 8.625
800343766 184,500.00 184,500.00 11/01/97 10/01/27 8.875 8.875 14.875 6.050
800346595 275,000.00 275,000.00 11/01/97 10/01/27 10.000 9.000 16.000 5.800
800347577 258,300.00 258,197.35 11/01/97 10/01/27 10.500 10.500 16.500 7.150
800348377 159,800.00 159,800.00 11/01/97 10/01/27 10.875 10.875 16.875 7.550
800349235 62,250.00 62,250.00 11/01/97 10/01/27 9.875 8.875 15.875 5.550
800349250 67,050.00 67,050.00 11/01/97 10/01/27 10.875 9.875 16.875 6.250
800350670 40,000.00 40,000.00 11/01/97 10/01/27 11.250 10.250 17.250 6.550
800352171 72,250.00 72,140.09 10/01/97 09/01/17 8.875 8.875 14.875 5.550
800352775 101,600.00 101,559.62 10/01/97 09/01/27 10.500 10.500 16.500 7.100
800355380 132,500.00 132,500.00 11/01/97 10/01/27 10.875 10.875 16.875 7.550
800356529 101,200.00 101,200.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800358947 97,750.00 97,750.00 11/01/97 10/01/27 10.750 9.750 16.750 6.250
800359580 141,525.00 141,525.00 11/01/97 10/01/27 11.375 10.375 17.375 6.850
800360661 80,910.00 80,910.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800360810 186,300.00 186,300.00 11/01/97 10/01/27 10.250 10.250 16.250 6.800
800360877 216,750.00 216,750.00 11/01/97 10/01/27 11.875 10.875 17.875 7.550
800362675 120,600.00 120,600.00 11/01/97 10/01/27 10.250 9.250 16.250 5.750
800368938 100,000.00 100,000.00 11/01/97 10/01/27 12.125 11.125 18.125 7.250
800370132 54,000.00 54,000.00 11/01/97 10/01/27 10.375 9.375 16.375 5.750
800379737 300,000.00 300,000.00 11/01/97 10/01/27 8.125 7.125 14.125 3.750
800383655 97,750.00 97,750.00 11/01/97 10/01/27 8.875 7.875 14.875 4.500
800383796 184,500.00 184,434.21 10/01/97 09/01/27 11.000 10.000 17.000 6.800
800384760 108,000.00 108,000.00 11/01/97 10/01/27 12.125 11.125 18.125 7.250
800390247 59,900.00 59,900.00 11/01/97 10/01/27 10.875 9.875 16.875 6.000
--------------------------------- ------ ---------------------------
12,179,934.00 12,177,263.33 10.562 9.855 16.562 6.360
12,179,934.00 12,177,263.33 10.562 9.855 16.562 6.360
12,179,934.00 12,177,263.33 10.562 9.855 16.562 6.360
Alliance Funding Page 1 10/30/97
A division of Superior Bank FSB
Sale Schedule B
1997-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
-----------------------------------------------------------------------------------------------------------------------------------
48 SB577 161514773 XXXXX XXXXX 120,657.00 1 1,081.21 120,606.40
48 SB577 161528724 XXXXXX XXXXXX XX. 107,100.00 1 814.04 107,100.00
48 SB577 161533914 XXXXXXXXX XXXXXXX X 160,000.00 1 1,374.65 159,925.35
48 SB577 161536966 XXXXXXXX XXXX 56,000.00 1 565.27 55,983.06
48 SB577 161538632 XXXXXXXXX XXXXXXXX 94,500.00 1 829.31 94,500.00
48 SB577 161540265 XXXXXX XXXXX A 92,800.00 1 936.73 92,800.00
48 SB577 161543426 XXXXXXXX XXXXXX 37,100.00 4 335.91 37,100.00
48 SB577 161544291 XXXXXX XXXXXX J 34,200.00 1 348.50 34,200.00
48 SB577 161549696 XXXX XXXXX X 250,000.00 1 2,523.52 250,000.00
48 SB577 161550835 XXXXXXXXX XXXXXXX 60,000.00 4 571.39 60,000.00
48 SB577 161550983 XXXXXXX XXXXX L 87,100.00 1 879.20 87,100.00
48 SB577 161553144 XXXXX XXXXX 74,700.00 3 669.39 74,700.00
48 SB577 161553516 XXXXXXXX XXXXXX 135,000.00 1 1,222.30 135,000.00
48 SB577 161553912 XXXXXXXXX XXXXX 30,750.00 1 298.66 30,750.00
48 SB577 161554100 XXXXXXXX XXXXXX 32,400.00 1 293.35 32,400.00
48 SB577 161555420 XXXXX XXXXXX X 65,600.00 1 706.49 65,600.00
48 SB577 161556758 XXXXXXXXX XXXXX E 119,000.00 1 978.98 119,000.00
48 SB577 161557434 XXXXXX XXXXXX W 89,200.00 1 960.65 89,200.00
48 SB577 161559257 XXXXXX XXXX A 68,400.00 1 651.39 68,400.00
48 SB577 161559893 XXXX XXXXXXX X 33,800.00 1 309.18 33,800.00
48 SB577 161560164 XXXXXXXX XXXXXXX X 94,500.00 1 891.03 94,500.00
48 SB577 161562178 XXXXXXXXXX XXXXXXX C 120,000.00 1 1,304.03 120,000.00
48 SB577 161563234 XXXXXXXXX XXXXXXX X 95,600.00 1 974.16 95,600.00
48 SB577 161564786 XXXXX XXXXXXXX 55,000.00 1 508.25 55,000.00
48 SB577 161566922 XXXXXXXX XXXXX A 28,800.00 1 236.93 28,800.00
48 SB577 161570189 XXXXXXXXXX XXXXXX XX 145,000.00 1 1,140.72 145,000.00
48 SBC579 180083008 XXXXXX XXXXXXXX L 124,270.00 1 1,147.73 123,803.83
48 SBC578 800178865 XXXXXXX XXXXX 225,400.00 3 2,232.12 225,107.68
48 SBC578 800200347 XXXXXX XXXXXXXXX 60,800.00 1 690.44 60,800.00
48 SBC578 800228546 XXXXXX XXXX 127,500.00 1 1,311.49 127,426.66
48 SBC579 800230716 XXXXX XXXXX D 89,200.00 1 766.37 89,116.42
48 SBC578 800238719 XXXXX XXXX A 68,700.00 1 615.62 68,642.14
48 SBC579 800241283 XXXXXX XXXXX R 95,625.00 1 883.67 95,550.69
48 SBC578 800241424 XXXXXX XXXXXXXXX 97,600.00 1 802.94 97,549.39
48 SBC578 800242034 XXXXXXXX XXXXX M 62,600.00 1 520.68 62,504.42
48 SBC579 800246423 REGA BERNARDINO 81,000.00 1 725.84 80,897.23
48 SBC578 800259913 XXXXX XXXXX 104,000.00 1 1,039.83 103,835.18
48 SBC578 800260218 XXXXXX XXXXXX 200,000.00 1 1,699.98 199,904.19
48 SBC578 800260408 XXXXXXXXX XXXXXXX XXXXXXX 51,000.00 1 433.50 50,951.15
48 SBC579 800263485 XXXXXX XXXX A 45,900.00 1 415.58 45,862.36
48 SBC578 800272981 XXXXXX XXXXX 161,100.00 1 1,413.77 161,100.00
48 SBC578 800278491 XXXXXX XXXXXXX 100,000.00 3 886.82 99,869.69
48 SBC579 800282550 XXXXXXX XXXXXXX 232,262.00 1 2,433.87 232,199.14
48 SBC578 800284309 DE XXXXXX XXXXXXXXXX X 32,400.00 1 352.09 32,400.00
48 SBC578 800292260 XXXXXXXX XXXXXXX 168,000.00 1 1,536.77 168,000.00
48 SBC578 800293961 XXXX XXXX P 90,000.00 1 789.81 90,000.00
48 SBC578 800296709 XXXXXXXXXXX XXXX 106,900.00 1 1,224.45 106,856.11
48 SBC578 800297525 XXXXXX XXXXXX N 85,500.00 1 711.15 85,456.82
48 SBC578 800301228 XXXXXXX XXXXXXX 159,000.00 3 1,410.05 159,000.00
48 SBC578 800304081 XXXXX XXXXXX 66,950.00 1 766.85 66,950.00
48 SBC579 800308256 XXXXXXXX XXXXXXX P 73,600.00 1 721.84 73,551.43
48 SBC578 800309023 XXXXXX XXXXXXX 139,500.00 3 1,198.53 139,500.00
48 SBC579 800310013 XXXXXX XXXX A 43,850.00 1 364.72 43,827.86
48 SBC578 800313413 XXXX XXXXXXX 142,400.00 1 1,423.77 142,400.00
48 SBC578 800315418 XXXXXXX XXXXXXXX I 194,400.00 1 1,688.07 194,311.68
48 SBC579 800316093 XXXXXXXXX XXXXXX J 139,200.00 1 1,539.83 139,200.00
48 SBC578 800316846 XXXXXXX XXXXXXXXXX 30,000.00 1 277.23 30,000.00
48 SBC578 800317083 XXXXXXXX XXXXXX D 499,000.00 1 4,471.55 499,000.00
48 SBC578 800317570 XXXXXXX XXXXXX R 102,840.00 1 959.99 102,801.28
48 SBC578 800319485 XXXXXX XXXXXXX 121,500.00 1 1,145.62 121,500.00
48 SBC578 800319618 XXXXX XXXXXXXXX L 104,000.00 1 1,089.82 104,000.00
48 SBC578 800322653 XXXXX XXXX 270,000.00 4 2,394.43 270,000.00
48 SBC578 800322745 XXXXXXXXX XX XXXXXXX 54,000.00 1 509.17 54,000.00
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
--------------------------------------------------------------------------------------------------------------
161514773 84.9 09/01/99 10.250 142,000.00 Y
161528724 85.0 10/01/99 8.375 126,000.00 Y
161533914 79.6 09/01/99 9.750 201,000.00 Y
161536966 80.0 09/01/99 11.750 70,000.00 Y
161538632 90.0 04/01/98 10.000 105,000.00 Y
161540265 80.0 10/01/99 11.750 116,000.00 Y
161543426 70.0 10/01/99 10.375 53,000.00 N
161544291 51.0 10/01/99 11.875 67,000.00 Y
161549696 75.7 10/01/99 11.750 330,000.00 Y
161550835 60.0 10/01/99 11.000 100,000.00 Y
161550983 84.9 10/01/99 11.750 102,500.00 Y
161553144 64.9 10/01/99 10.250 115,000.00 N
161553516 90.0 10/01/99 10.375 150,000.00 Y
161553912 75.0 10/01/99 11.250 41,000.00 Y
161554100 90.0 10/01/99 10.375 36,000.00 Y
161555420 80.0 10/01/99 12.625 82,000.00 Y
161556758 85.0 10/01/99 9.250 140,000.00 Y
161557434 84.9 10/01/99 12.625 105,000.00 Y
161559257 84.9 10/01/99 11.000 80,500.00 Y
161559893 59.2 10/01/99 10.500 57,000.00 N
161560164 90.0 10/01/99 10.875 105,000.00 Y
161562178 80.0 10/01/99 12.750 150,000.00 Y
161563234 84.9 10/01/99 11.875 112,500.00 Y
161564786 61.1 10/01/99 10.625 90,000.00 Y
161566922 80.0 10/01/99 9.250 36,000.00 Y
161570189 77.1 10/01/99 8.750 188,000.00 Y
180083008 85.0 01/01/98 10.625 146,200.00 Y
800178865 69.3 06/01/99 11.500 325,000.00 Y
800200347 80.0 09/01/99 13.375 76,000.00 Y
800228546 85.0 07/01/99 12.000 150,000.00 Y
800230716 80.0 07/01/99 9.750 111,500.00 Y
800238719 70.1 08/01/99 10.250 98,000.00 Y
800241283 75.0 08/01/99 10.625 127,500.00 Y
800241424 80.0 03/01/98 9.250 122,000.00 Y
800242034 74.9 01/01/98 9.375 83,500.00 Y
800246423 90.0 07/01/99 10.250 90,000.00 Y
800259913 80.0 10/01/97 11.625 130,000.00 Y
800260218 68.9 09/01/99 9.625 290,000.00 N
800260408 85.0 08/01/99 9.625 60,000.00 Y
800263485 85.0 02/01/98 10.375 54,000.00 Y
800272981 90.0 04/01/98 10.000 179,000.00 Y
800278491 80.0 12/01/97 10.125 125,000.00 Y
800282550 85.0 09/01/99 12.250 273,250.00 Y
800284309 80.0 10/01/99 12.750 40,500.00 Y
800292260 77.0 04/01/98 10.500 218,000.00 Y
800293961 90.0 10/01/99 10.000 100,000.00 Y
800296709 80.9 08/01/99 13.500 132,000.00 Y
800297525 90.0 03/01/98 9.375 95,000.00 Y
800301228 84.5 10/01/99 10.125 188,000.00 Y
800304081 70.4 10/01/99 13.500 95,000.00 Y
800308256 80.0 02/01/98 11.375 92,000.00 Y
800309023 90.0 04/01/98 9.750 155,000.00 Y
800310013 89.9 09/01/99 9.375 48,750.00 Y
800313413 80.0 10/01/99 11.625 178,000.00 Y
800315418 90.0 03/01/98 9.875 216,000.00 Y
800316093 80.0 10/01/99 13.000 174,000.00 Y
800316846 60.0 10/01/99 10.625 50,000.00 N
800317083 52.5 09/01/99 10.250 950,000.00 Y
800317570 85.9 10/01/99 10.750 119,600.00 Y
800319485 90.0 10/01/99 10.875 135,000.00 Y
800319618 80.0 10/01/99 12.250 130,000.00 Y
800322653 90.0 04/01/98 10.125 300,000.00 Y
800322745 90.0 10/01/99 10.875 60,000.00 Y
Alliance Funding Page 2 10/30/97
A division of Superior Bank FSB
Sale Schedule B
1997-3 Class 2 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/30/97
Principal Type of Scheduled Cut-off Date
Balance at Mortgaged Payment Principal
Pool ID Sale ID Account Name Origination Property Int & Prin Balance
------------------------------------------------------------------------------------------------------------------------------------
48 SBC578 800323909 XXXXXXXX XXXXXXXX J 375,000.00 1 3,187.46 375,000.00
48 SBC578 800324543 XXXXXXX XXXXXXX 162,000.00 3 1,347.44 162,000.00
48 SBC578 800325656 XXXXXXX XXXXXX 117,000.00 1 1,048.44 116,950.94
48 SBC578 800326993 XXXXXXX XXXXX XXXXXX 52,800.00 1 487.92 52,800.00
48 SBC578 800327116 XXXXXX XXXXXXXXX 113,000.00 1 1,054.83 113,000.00
48 SBC578 800333171 XXXXXX XXXXXX A 137,250.00 1 1,359.17 137,250.00
48 SBC578 800335259 XXXXXX XXXX X 130,400.00 3 1,391.70 130,400.00
48 SBC579 800335382 XXXXXXXX XXXXXX 90,000.00 3 748.57 90,000.00
48 SBC578 800335531 XXXXXXXXXX XXXXX D 91,200.00 1 701.25 91,200.00
48 SBC578 800335754 XXXXXX XXXXX R 52,700.00 1 506.86 52,700.00
48 SBC579 800336125 XXXXXXX XXXXX 95,625.00 1 865.80 95,585.96
48 SBC578 800336729 XXXXXXX XXXXX 71,920.00 1 719.08 71,920.00
48 SBC578 800340176 XXXX XXXXXXXX 77,000.00 3 682.85 77,000.00
48 SBC578 800340366 XXXXXXX XXXXXXXXX E 216,500.00 1 1,919.98 216,500.00
48 SBC578 800342628 XXXXX XXXX JO 58,800.00 1 462.58 58,800.00
48 SBC578 800342644 XXXXXXXX XXXXX 186,300.00 3 1,515.80 186,300.00
48 SBC578 800342727 XXXXXXXX XXXXXX 112,800.00 1 1,258.82 112,800.00
48 SBC578 800343766 XXXXXX XXXXXXX XXXXXX 184,500.00 1 1,467.96 184,500.00
48 SBC578 800346595 XXXXXXXX XXXXXXX 275,000.00 1 2,413.32 275,000.00
48 SBC578 800347577 XXXXXX XXXXX 258,300.00 1 2,362.78 258,197.35
48 SBC579 800348377 XXXXXX XXXXXX 159,800.00 1 1,506.74 159,800.00
48 SBC578 800349235 XXXXXX XXXX E 62,250.00 1 540.55 62,250.00
48 SBC578 800349250 XXXX XXXXXX E 67,050.00 1 632.21 67,050.00
48 SBC578 800350670 XXXXX XXXXXXX L 40,000.00 1 388.50 40,000.00
48 SBC578 800352171 XXXXX XXXXX J 72,250.00 7 644.26 72,140.09
48 SBC579 800352775 XXXX XXXXX 101,600.00 1 929.38 101,559.62
48 SBC579 800355380 XXX XXXXXXXXX A 132,500.00 1 1,249.33 132,500.00
48 SBC578 800356529 XXXXXX XXXXXXX 101,200.00 1 916.27 101,200.00
48 SBC578 800358947 XXXX XXXXXX R 97,750.00 1 912.48 97,750.00
48 SBC579 800359580 XXXXXX XXXXXX 141,525.00 1 1,388.03 141,525.00
48 SBC578 800360661 XXXXXX XXXXXX W 80,910.00 1 732.56 80,910.00
48 SBC578 800360810 XXXXXXXX XXXXXX C 186,300.00 1 1,669.44 186,300.00
48 SBC579 800360877 XXXXXXXX XXXXXXX 216,750.00 1 2,208.68 216,750.00
48 SBC578 800362675 XXXXXXX XXXXXX M 120,600.00 1 1,080.70 120,600.00
48 SBC578 800368938 XXXXXXX XXXXXXX X. 100,000.00 1 1,038.24 100,000.00
48 SBC579 800370132 XXXXXXX XXXXXXX M 54,000.00 1 488.92 54,000.00
48 SBC578 800379737 XXXXXXXX XXX A 300,000.00 1 2,227.49 300,000.00
48 SBC578 800383655 XXXXXXXXX XXXXXX XXXX 97,750.00 1 777.74 97,750.00
48 SBC578 800383796 XXXXX XXXXXXX X 184,500.00 3 1,757.04 184,434.21
48 SBC578 800384760 XXXXX, XXXXX X. 108,000.00 1 1,121.30 108,000.00
48 SBC578 800390247 XXXXXXXX XXXX F 59,900.00 1 564.79 59,900.00
------------------------------------------------------------- ------------------------------
104 Sale Total 12,179,934.00 112,278.49 12,177,263.33
104 Total with Superior 12,179,934.00 112,278.49 12,177,263.33
104 Grand Total 12,179,934.00 112,278.49 12,177,263.33
Original Next Current Property
LTV Adjustment Mortgage Value at Owner
Account Ratio Date Rate Origination Occupied
----------------------------------------------------------------------------------------------------------
800323909 89.9 10/01/99 9.625 417,000.00 Y
800324543 90.0 03/01/98 9.375 180,000.00 Y
800325656 90.0 09/01/99 10.250 130,000.00 Y
800326993 80.0 10/01/99 10.625 66,000.00 Y
800327116 85.9 10/01/99 10.750 131,500.00 Y
800333171 75.0 10/01/99 11.500 183,000.00 Y
800335259 80.0 10/01/99 12.500 163,000.00 Y
800335382 90.0 04/01/98 9.375 100,000.00 Y
800335531 80.0 10/01/99 8.500 114,000.00 Y
800335754 85.0 10/01/99 11.125 62,000.00 Y
800336125 85.0 03/01/98 10.375 112,500.00 Y
800336729 80.0 10/01/99 11.625 89,900.00 Y
800340176 70.0 10/01/99 10.125 110,000.00 N
800340366 84.9 04/01/98 10.125 255,000.00 Y
800342628 80.0 10/01/99 8.750 73,500.00 Y
800342644 90.0 04/01/98 9.125 207,000.00 Y
800342727 80.0 10/01/99 13.125 141,000.00 Y
800343766 90.0 04/01/98 8.875 205,000.00 Y
800346595 57.2 10/01/99 10.000 480,000.00 N
800347577 89.7 04/01/98 10.500 287,936.00 Y
800348377 84.7 04/01/98 10.875 188,500.00 Y
800349235 75.0 10/01/99 9.875 83,000.00 Y
800349250 84.9 10/01/99 10.875 78,900.00 Y
800350670 19.0 10/01/99 11.250 210,000.00 Y
800352171 85.0 03/01/98 8.875 85,000.00 Y
800352775 80.0 03/01/98 10.500 127,000.00 Y
800355380 84.9 04/01/98 10.875 155,900.00 Y
800356529 80.9 10/01/99 10.375 125,000.00 Y
800358947 85.0 10/01/99 10.750 115,000.00 Y
800359580 85.0 10/01/99 11.375 166,500.00 Y
800360661 90.0 10/01/99 10.375 89,900.00 Y
800360810 90.0 04/01/98 10.250 207,000.00 Y
800360877 85.0 10/01/99 11.875 255,000.00 Y
800362675 90.0 10/01/99 10.250 134,000.00 Y
800368938 80.0 10/01/99 12.125 125,000.00 Y
800370132 90.0 10/01/99 10.375 60,000.00 Y
800379737 80.0 10/01/99 8.125 375,000.00 Y
800383655 85.0 10/01/99 8.875 115,000.00 Y
800383796 90.0 09/01/99 11.000 205,000.00 Y
800384760 80.0 10/01/99 12.125 135,000.00 Y
800390247 70.0 10/01/99 10.875 85,500.00 Y
------------------------ ------ ------------
104 80.9 10.572 15,447,836.00
104 80.9 10.572 15,447,836.00
104 80.9 10.572 15,447,836.00
ADDITION NOTICE
Date: October 30, 1997
LaSalle National Bank
000 Xxxxx XxXxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Re: Pooling and Servicing Agreement, dated as of
September 1, 1997, between Superior Bank FSB, as
seller (the "Depositor"), LaSalle National Bank as
trustee (the "Trustee") and Xxx Xxxxxxxxx Company, a
division of the Depositor, as servicer, relating to
AFC Mortgage Loan Asset Backed Certificates, Series
1997-3 Sub-Pool 1
---------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated the Subsequent Mortgage Loans to be sold
to the Trust Fund on October 30, 1997, with an aggregate principal balance of
$2,280,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
SUPERIOR BANK FSB
By: /s/ XXXX X. XXXXXXXXX
----------------------------------
Name: Xxxx X. Xxxxxxxxx
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ XXXXXXXX XXXXXX
-----------------------------
Name: Xxxxxxxx Xxxxxx
Title: Trust Officer
Date: October 30, 1997
----------
* Approximate
7
ADDITION NOTICE
Date: October 30, 1997
LaSalle National Bank
000 Xxxxx XxXxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Re: Pooling and Servicing Agreement, dated as of
September 1, 1997, between Superior Bank FSB, as
seller (the "Depositor"), LaSalle National Bank as
trustee (the "Trustee") and Xxx Xxxxxxxxx Company, a
division of the Depositor, as servicer, relating to
AFC Mortgage Loan Asset Backed Certificates, Series
1997-3 Sub-Pool 2
----------------------------------------------------
Ladies and Gentlemen:
Pursuant to Section 2.10 of the above-captioned Pooling and Servicing
Agreement, the Depositor has designated the Subsequent Mortgage Loans to be sold
to the Trust Fund on October 30, 1997, with an aggregate principal balance of
$12,170,000.00*. Capitalized terms not otherwise defined herein have the meaning
set forth in the Pooling and Servicing Agreement.
Please acknowledge your receipt of this notice by countersigning the
enclosed copy in the space indicated below and returning it to the attention of
the undersigned.
Very truly yours,
SUPERIOR BANK FSB
By: /s/ XXXX X. XXXXXXXXX
----------------------------------
Name: Xxxx X. Xxxxxxxxx
Title: Vice President
ACKNOWLEDGED AND AGREED:
LASALLE NATIONAL BANK
By: /s/ XXXXXXXX XXXXXX
-----------------------------
Name: Xxxxxxxx Xxxxxx
Title: Trust Officer
Date: October 30, 1997
----------
* Approximate
8
OFFICER'S CERTIFICATE
I, Xxxxxxx Xxxxxxx hereby certify that I am the duly elected Senior Vice
President and Chief Financial Officer of Superior Bank FSB, a federally
chartered stock savings bank (the "Depositor"), and further, to the best of my
knowledge and after due inquiry, as follows:
Each condition precedent specified in Section 2.10(b), Section 2.10(c)
and Section 2.10(d) for the Subsequent Mortgage Loans of the Pooling and
Servicing Agreement, dated as of September 1, 1997, among the Depositor,
Xxx Xxxxxxxxx Company, a division of Superior Bank FSB, and LaSalle
National Bank, as Trustee (the "Pooling and Servicing Agreement") and each
condition precedent specified in Subsequent Transfer Instrument has been
satisfied by the Depositor.
Capitalized terms not otherwise defined herein have the meanings set forth
in the Pooling and Servicing Agreement.
IN WITNESS WHEREOF, I have hereunto signed my name.
Dated: October 30, 1997 By: /s/ XXXXXXX X. XXXXXXX
---------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Senior Vice President and
Chief Financial Officer
9