See Exhibit A to this Supplement for certain information regarding the characteristics of the
Mortgage Loans included in the Underlying Trust.
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 a Principal Only,
Interest Only, Inverse Floating Rate or Special 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 front cover 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
FA ............................................
LIBOR + 0.50%
5.63125%
0.50%
7.00000000%
0
0.00%
FB ............................................
LIBOR + 0.60%
5.73125%
0.60%
6.75000000%
0
0.00%
FM ............................................
LIBOR + 0.30%
5.43125%
0.30%
7.00000000%
0
0.00%
PF ............................................
LIBOR + 0.35%
5.48125%
0.35%
7.00000000%
0
0.00%
SA ............................................
6.50% - LIBOR
1.36875%
0.00%
6.50000000%
0
6.50%
SB ............................................
6.15% - LIBOR
1.01875%
0.00%
6.15000000%
0
6.15%
SG ............................................
39.89999707%-
9.11250%
0.00%
39.89999707%
0
6.65%
(LIBOR x 5.99999956)
SH ............................................
6.70% - LIBOR
1.56875%
0.00%
6.70000000%
0
6.70%
SI ............................................
6.65% - LIBOR
1.51875%
0.00%
6.65000000%
0
6.65%
SJ ............................................
40.19999705%-
9.41250%
0.00%
40.19999705%
0
6.70%
(LIBOR x 5.99999956)
TI ............................................
6.70% - LIBOR
0.05000%
0.00%
0.05000000%
0
6.70%
YC ............................................
(3)
0.00000%
0.00%
30.00000000%
19
Less than or
equal to
6.50%
YD ............................................
(4)
7.50000%
0.00%
7.50000000%
19
Greater than
6.50%
(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.
(3) If LIBOR is less than or equal to 6.50%, then 0.00%; if LIBOR is greater than 6.50%, then
30.00%.
(4) If LIBOR is less than or equal to 6.50%, then 7.50%; if LIBOR is greater than 6.50%, then
0.00%.
S-4