Credit Enhacement Information

Exhibit XI-9Credit Enhancement Information

CREDIT ENHANCEMENT INFORMATION

BASIC INFORMATION

OUTSTANDING BOND NAME:

Bond Closing Date:

Source: ______

ORIGINAL BOND AMOUNT:

Current Interest Bonds:$

Capital Appreciation Bonds:$

Total$

Source: ______

OUTSTANDING BOND AMOUNT:

Schedule:

Current Interest Bonds:$

Capital Appreciation Bonds:

Total$

Actual*:

Current Interest Bonds:$

Capital Appreciation Bonds:

Total$

* If actual outstanding differs from scheduled outstanding, describe nature, date, and amount of unscheduled prepayments or (if actual exceeds scheduled) date and amount of defaulted principal payments: ______

______

______

Source: ______

Current as of: ______

Fannie Mae DUS GuidePage 1

09/03/96

Exhibit XI-9Credit Enhancement Information

INTEREST RATE INFORMATION:

Current: _____ (exact/approximate)

If adjustable, maximum: _____

Type of Bond Financing:

( )Fixed to Maturity

( )Adjustable/Variable

( )Other (describe) ______

______

If adjustable, describe nature of adjustments: ______

______

If multi-modal, describe various mode options: ______

______

MATURITY DATE(S):______

REMARKETING:

Next Remarketing/Reset Date:______

Remarket: (By whom, when, etc.) ______

______

ONGOING PROGRAM COSTS: (%/$) Per Period (N/A or

Unknown)

Credit Enhancement Fees______

Issuer Fees______

Trustee Fees______

Rebate Monitor______

Remarketing Agent Fees______

Other (describe) *______

Total______

______

* ______

PROJECT LOAN INFORMATION:

( )Current

( )Payment Default

( )Non-payment Default (describe)

______

______

( )Other

______

______

( )Status Unknown

Source: ______

Current as of: ______

Outstanding Balance:

( )Same as Bonds

( )Other

Principal Balance:$

Interest Arrearages:

Late Fees/Charges:

Total:$

Source: ______

Current as of: ______

Escrow Account Information:

Taxes:( ) Current( ) Underfunded

(Amount to bring current: $ )

Insurance:( ) Current( ) Underfunded

(Amount to bring current: $ )

Escrows held by: ______

______

Source: ______

Current as of: ______

PROJECT INFORMATION:

Number of Units:______

Location:______

______

Unit Mix:# of Units Type

______Efficiency

______1BR/1BA

______1BR/1BA/Den

______1 BR/1.5BA TH

______2BR/2BA

______2BR/2BA Den

______3BR/3BA

______Other (______)

Total______

Additional project description: ______

______

______

Source: ______as of: ______

Bond financing was for: ( ) New construction ( ) Acquisition only

( ) Acquisition/Rehabilitation ( ) Unknown ( ) Other (describe) ______

______

______

Source: ______as of: ______

Program Covenants/Requirements: ( ) basic Section 103 low-moderate income requirements;

( ) additional issuer-imposed program requirements (describe) ______

______

______

If additional issuer-imposed requirements apply, are they: ( ) Required by legislation

( ) Discretionary program requirements ( ) Issuer-imposed implementation of general

legislative requirements ( ) Other (describe) ______

______

______

DOCUMENTATION: (Check if copies on hand)

( )IndentureTitle:______

Date: ______

Parties: ______

( )Financing Loan AgreementTitle: ______

Date: ______

Parties: ______

( )Credit Enhancement AgreementTitle: ______

Date: ______

Parties: ______

( )Letter of Credit Reimbursement Title: ______

AgreementDate: ______

Parties: ______

( )Collateral Pledge AgreementTitle: ______

Date: ______

Parties: ______

( )Regulatory Agreement (Deed Title: ______

Restrictions)Date: ______

Parties: ______

( )Preliminary Official Statement:Title: ______

Date: ______

Parties: ______

( )Remarketing AgreementTitle: ______

Date: ______

Parties: ______

( )Mortgage Loan DocumentsBorrower: ______

Mortgagee of Record: ______

Date: ______

Other basic documents:

______Title: ______

(Name)Date: ______

Parties: ______

______Title: ______

(Name)Date: ______

Parties: ______

______Title: ______

(Name)Date: ______

Parties: ______

______Title: ______

(Name)Date: ______

Parties: ______

CREDIT ENHANCEMENT INFORMATION:

Type:( ) Certificate of Deposit ( ) Collateralized Letter of Credit ( ) Secondary Letter of

Credit behind Surety Bond ( ) Secondary Letter of Credit behind Bank Letter of Credit

() Other (describe) ______

______

Credit Enhancer (name/address of institution): ______

______

If role of thrift institution is secondary credit enhancer, name/address of primary credit enhancer and describe nature of primary credit enhancement: ______

______

Status of Credit Enhancer:

( ) Liquidated ( ) Conservationship ( ) Other (describe) ______

______

______

Supervising Regulator: ( ) RTC ( ) FDIC

Principal Contact: Name:______

Title:______

Address:______

______

Telephone:______

Telecopy:______

Source: ______

Current as of: ______

MATTERS PERTAINING TO POTENTIAL

CURRENT REFUNDING TRANSACTIONS

OPTIONAL BOND REDEMPTION OR ACCELERATION:

Bonds first subject to optional redemption on any interest payment date at redemption price of 100%. Bonds first subject to optional redemption at par currently.

Source: ______

______

Required redemption dates: ( ) any date ( ) interest payment dates ( ) Other (describe)

______

______

______

Source: ______

______

Minimum Redemption Notice Required: ______

Any Prepayment Premium? (describe) ______

______

OTHER REDEMPTION:

Project default: ( ) Yes ( ) No (describe)

______

______

______

______

Source: ______

______

Do conditions currently exist? ( ) Yes ( ) No ( ) Unknown

Source: ______

______

Thrift Default/Insolvency: ( ) Yes ( ) No (describe)

______

______

______

Source: ______

______

Do conditions currently exist? ( ) Yes ( ) No ( ) Unknown

Source: ______

______

Other Relevant Information:

______

______

______

INFORMATION CONCERNING PARTIES TO BE INVOLVED IN BOND REFUNDING

Issuer:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Counsel:______Address: ______

______

Telephone:______

Telecopy:______

Source: ______as of: ______

Original Borrower:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Counsel:______Address: ______

______

Telephone:______

Telecopy:______

Source: ______as of: ______

Current Borrower:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Counsel:______Address: ______

______

Telephone:______

Telecopy:______

Source: ______as of: ______

Bond Trustee:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Counsel:______Address: ______

______

Telephone:______

Telecopy:______

Source: ______as of: ______

Original Underwriter:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Counsel:______Address: ______

______

Telephone:______

Telecopy:______

Source: ______as of: ______

Original Bond Counsel:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Source: ______as of: ______

Proposed Bond Counsel:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Source: ______as of: ______

Proposed Underwriter:

Name:______

Address:______

______

______

Telephone:______Telecopy: ______

Counsel:______Address: ______

______

Telephone:______

Telecopy:______

Source: ______as of: ______

Fannie Mae DUS GuidePage 1

09/03/96