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
FA
LIBOR + 0.35%
1.6500%
0.35%
7.5000%
0
0.00%
FB
LIBOR + 0.22%
1.5200%
0.22%
7.5000%
0
0.00%
FC
LIBOR + 0.35%
1.4900%
0.35%
7.5000%
0
0.00%
FD
LIBOR + 0.40%
1.7000%
0.40%
7.5000%
0
0.00%
FN
LIBOR + 0.30%
1.5500%
0.30%
7.5000%
0
0.00%
NF
LIBOR + 0.30%
1.5500%
0.30%
7.5000%
0
0.00%
SA
46.475% - (LIBOR × 6.50)
38.0250%
0.00%
46.4750%
0
7.15%
SB
7.28% - LIBOR
5.9800%
0.00%
7.2800%
0
7.28%
SC
46.475% - (LIBOR × 6.50)
39.0650%
0.00%
46.4750%
0
7.15%
SD
9.10% - LIBOR
7.8000%
2.00%
9.1000%
0
7.10%
SN
7.20% - LIBOR
5.9500%
0.00%
7.2000%
0
7.20%
UA
12.5125% - (LIBOR × 1.75)
10.5175%
0.00%
12.5125%
0
7.15%
UB
7.15% - LIBOR
6.0100%
0.00%
7.1500%
0
7.15%
(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 Float-
ing 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
The Group 1 Principal Distribution Amount and beginning in step 3, the ZB Accrual
Amount will be allocated in the following order of priority:
1. To the PAC I Classes, until reduced to their Aggregate Scheduled Principal Balance for
that Distribution Date, in the following order of priority:
a. Sequentially, to DA, DB, DC, DE and DG, in that order, until retired
b. Concurrently, to HA and HB, pro rata, until retired
2. Up to the ZB Jump Percentage of the remaining Principal Distribution Amount to ZB,
until its balance (before giving effect to any increase on that Distribution Date) has been
reduced to $4,125,000
3. To YA, until reduced to its Scheduled Principal Balance for that Distribution Date
4. To ZB, until its balance (after giving effect to any increase or reduction on that
Distribution Date) has been reduced to $4,125,000
5. To YA, without regard to its Scheduled Principal Balances, until retired
6. To ZB, until retired
7. To the PAC I Classes, in the manner and order of priority described in Step 1, but
without regard to their Aggregate Scheduled Principal Balances, until retired
B-90