Issuance of Securities:
The Securities, other than the Residual Securities, will initially be
issued in book-entry form through the book-entry system of the U.S. Federal Reserve Banks (the
"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 an 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
FP
LIBOR + 0.38%
1.48000%
0.38%
7.5000000%
0
0.00%
FY
LIBOR + 0.44%
1.65000
0.44%
7.5000000%
0
0.00%
JF
LIBOR + 0.95%
2.16000
0.95%
7.0000000%
15
0.00%
JS
49.2537089% - (LIBOR × 8.9552198)
38.41789
0.00%
49.2537089%
15
5.50%
JT
109.9999639% - (LIBOR × 18.1818122) 10.00000
0.00%
10.0000000%
15
6.05%
SP
7.12% - LIBOR
6.02000
0.00%
7.1200000%
0
7.12%
SY
7.06% - LIBOR
5.85000
0.00%
7.0600000%
0
7.06%
(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 QZ Accrual Amount will be allocated as follows:
• The QZ Accrual Amount, sequentially, to QJ, QK and QZ, in that order, until retired
• The Group 1 Adjusted Principal Distribution Amount in the following order of priority:
B-12