each Distribution Date will constitute an Accrual Amount which will be added to the
Class Principal Balance of that Class on each Distribution Date and will be distributable as
principal as set forth in this Terms Sheet under "Allocation of Principal."
Notional Classes:
The Notional Classes will not receive distributions of principal but have
Class Notional Balances for convenience in describing their entitlements to interest. The
Class Notional Balance of each Notional Class represents the percentage indicated below of,
and reduces to that extent with, the Class Principal Balances indicated:
Class
Original Class
Notional Balance
Represents Approximately
DI ......
$
2,733,333
22.2222222222% of NA (PAC Class)
IH ......
18,911,111
22.2222222222% of NB and NX, in the aggregate (PAC Classes)
IM ......
30,533,333
22.2222222222% of NA, NB, NC and NX, in the aggregate (PAC Classes)
IV ......
9,888,888
22.2222222222% of NX (PAC Class)
IX ......
9,022,222
22.2222222222% of NB (PAC Class)
LI........
14,583,333
41.6666666667% of LA (PAC/AD Class)
MS......
145,000,000
100% of MF (PAC/AD Class)
SA ......
65,000,000
100% of FA (PT Class)
TI ......
11,755,555
22.2222222222% of NA and NB, in the aggregate (PAC Classes)
YI ......
57,120,000
100% of YM (SUP Class)
YJ........
57,120,000
100% of YM (SUP Class)
Tax Status:
Double REMIC Series. See "Certain Federal Income Tax Consequences" in this
Supplement and in the Base Offering Circular.
Regular and Residual Classes:
Class RR is a Residual Class and includes the Residual
Interest of the Issuing REMIC and the Pooling REMIC; all other Classes of REMIC Securities are
Regular Classes.
B-36