"Fedwire Book-Entry System"). The Residual Securities will be issued in fully registered,
certificated form. See "Description of the Securities – Form of Securities" in this Supplement.
Modification and Exchange: If you own exchangeable Securities you will be able, upon
notice and payment of an exchange fee, to exchange them for a proportionate interest in the
related Securities shown on Schedule I to this Supplement. See "Description of the Securi-
ties – Modification and Exchange" in this Supplement.
Increased Minimum Denomination Classes:
Each Class that constitutes a Principal Only,
Interest Only or Inverse Floating Rate Class. See "Description of the Securities – Form of
Securities" in this Supplement.
Interest Rates:
The Interest Rates for the Fixed Rate Classes are shown on the inside cover
page of this Supplement or on Schedule I to this Supplement.
The Floating Rate and Inverse Floating Rate Classes will bear interest at per annum rates based
on one-month LIBOR (hereinafter referred to as "LIBOR") as follows:
Class
Interest Rate
Formula(1)
Initial
Interest
Rate(2)
Minimum
Rate
Maximum
Rate
Delay
(in days)
LIBOR
for Minimum
Interest Rate
F
LIBOR + 0.46%
1.792%
0.46%
7.00%
0
0.00%
S
6.54% - LIBOR
5.208%
0.00%
6.54%
0
6.54%
SA
85.02% - (LIBOR × 13.00)
67.704%
0.00%
85.02%
0
6.54%
(1) LIBOR will be established on the basis of the BBA LIBOR method, as described under "Description of the Securities –
Interest Distributions – Floating Rate and Inverse Floating Rate Classes" in this Supplement.
(2) The initial Interest Rate will be in effect during the first Accrual Period; the Interest Rate will adjust monthly thereafter.
Allocation of Principal:
On each Distribution Date for a Security Group, the following
distributions will be made to the related Securities:
SECURITY GROUP 1
A percentage of the Group 1 Principal Distribution Amount will be applied to the Trustee
Fee, and the remainder of the Group 1 Principal Distribution Amount (the "Group 1 Adjusted
Principal Distribution Amount") and the CZ and Z Accrual Amounts will be allocated as
follows:
• The CZ Accrual Amount in the following order of priority:
1. To PC, PD and PB, in that order, until retired
2. To CZ
• The Z Accrual Amount in the following order of priority:
1. To VA and B, in that order, until retired
2. To Z
• The Group 1 Adjusted Principal Distribution Amount in the following order of priority:
1. To PC, PD and PB, in that order, until reduced to their Aggregate Scheduled
Principal Balance for that Distribution Date
2. To CZ, until retired
3. To PC, PD and PB, in that order, without regard to their Aggregate Scheduled
Principal Balance, until retired
4. To B, VA and Z, in that order, until retired
B-5