Distribution Date will constitute the 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 Balance indicated:
Class
Original Class
Notional Balance
Represents Approximately
BI....................................
$
8,880,000
100% of OB (PAC III/AD Class)
CI....................................
2,833,333
100% of OC (PAC III/AD Class)
FE ..................................
20,681,518
100% of OE (PAC I Class)
NY ..................................
163,504,580
100% of NF (PAC I Class)
QI ..................................
2,411,561
16.6666655148% of QB (PAC II Class)
SE ..................................
20,681,518
100% of OE (PAC I Class)
SY ..................................
41,710,659
100% of FA (SC/PT Class)
UI ..................................
9,804,667
100% of UO (SC/SCH Class)
Tax Status: Double REMIC Series as to the Group 1 through 3 Trust Assets and Double REMIC
Series as to the Group 4 Trust Assets. Separate REMIC elections will be made as to the Issuing
REMIC and the Pooling REMIC with respect to the Group 1 through 3 Trust Assets and the
Group 4 Trust Assets (the "Group 1 through 3 Pooling REMIC," the "Group 1 through 3
Issuing REMIC," the "Group 4 Pooling REMIC" and the "Group 4 Issuing REMIC," respec-
tively). See "Certain Federal Income Tax Consequences" in this Supplement and in the Base
Offering Circular.
Regular and Residual Classes: Class RR1 is a Residual Class and includes the Residual
Interest of the Group 1 through 3 Issuing REMIC and the Group 1 through 3 Pooling REMIC;
Class RR2 is a Residual Class and includes the Residual Interest of the Group 4 Issuing REMIC
and the Group 4 Pooling REMIC; all other Classes of REMIC Securities are Regular Classes.
B-16