<PAGE>

                                  EXHIBIT 10.1

CONTACT: CUSTOMER SERVICES -- CTSLINK
         WELLS FARGO BANK MINNESOTA, N.A.
         SECURITIES ADMINISTRATION SERVICES
         7485 NEW HORIZON WAY
         FREDERICK, MD  21703
         WWW.CTSLINK.COM
         TELEPHONE: (301) 815-6600
         FAX: (301) 315-6660

                                SMT SERIES 2004-2
                         RECORD DATE: SEPTEMBER 30, 2004
                       DISTRIBUTION DATE: OCTOBER 20, 2004

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
                Certificate Certificate    Beginning
                   Class       Pass-       Certificate      Interest    Principal      Current
Class   CUSIP   Description Through Rate    Balance      Distribution  Distribution  Realized Loss
-----   -----   ----------- ------------ --------------  ------------- ------------- -------------
<S>   <C>      <C>          <C>          <C>             <C>           <C>           <C>
  A   81744FAN7     SEN       2.19125%   600,819,434.66   1,097,121.32 10,806,638.13     0.00
 X-1  81744FAP2      IO       0.80000%             0.00     344,304.16          0.00     0.00
 X-2  81744FAQ0      IO       0.33705%             0.00     168,753.06          0.00     0.00
 X-B  81744FAR8      IO       0.72358%             0.00      11,185.39          0.00     0.00
 B-1  81744FAT4     SUB       2.31125%    11,550,000.00      22,245.78          0.00     0.00
 B-2  81744FAU1     SUB       2.79125%     7,000,000.00      16,282.29          0.00     0.00
 B-3  81744FAV9     SUB       3.21596%     3,150,000.00       8,441.91          0.00     0.00
 B-4  81744FAW7     SUB       3.21596%     1,750,000.00       4,689.95          0.00     0.00
 B-5  81744FAX5     SUB       3.21596%     1,400,000.00       3,751.96          0.00     0.00
 B-6  81744FAY6     SUB       3.21596%     3,150,069.00       8,442.09          0.00     0.00
 A-R  81744FAS6     RES       2.67176%             0.00           0.00          0.00     0.00
                                         --------------   ------------ -------------     ----
Totals                                   628,819,503.66   1,685,217.91 10,806,638.13     0.00
                                         --------------   ------------ -------------     ----

<CAPTION>
                   Ending
                 Certificate      Total       Cumulative
Class   CUSIP     Balance      Distribution  Realized Loss
-----   -----   -------------- ------------- -------------
<S>   <C>       <C>            <C>           <C>
  A   81744FAN7 590,012,796.53 11,903,759.45     0.00
 X-1  81744FAP2           0.00    344,304.16     0.00
 X-2  81744FAQ0           0.00    168,753.06     0.00
 X-B  81744FAR8           0.00     11,185.39     0.00
 B-1  81744FAT4  11,550,000.00     22,245.78     0.00
 B-2  81744FAU1   7,000,000.00     16,282.29     0.00
 B-3  81744FAV9   3,150,000.00      8,441.91     0.00
 B-4  81744FAW7   1,750,000.00      4,689.95     0.00
 B-5  81744FAX5   1,400,000.00      3,751.96     0.00
 B-6  81744FAY6   3,150,069.00      8,442.09     0.00
 A-R  81744FAS6           0.00          0.00     0.00
                -------------- -------------     ----
Totals          618,012,865.53 12,491,856.04     0.00
                -------------- -------------     ----
</TABLE>

All distributions required by the Pooling and Servicing Agreement have been
calculated by the Certificate Administrator on behalf of the Trustee.

                        PRINCIPAL DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                           Beginning      Scheduled     Unscheduled
         Original Face    Certificate     Principal      Principal               Realized
Class       Amount         Balance       Distribution  Distribution   Accretion  Loss (1)
------  ---------------  --------------  ------------  -------------  ---------  --------
<S>      <C>             <C>             <C>           <C>            <C>        <C>
  A      671,998,000.00  600,819,434.66      0.00      10,806,638.13     0.00      0.00
 X-1               0.00            0.00      0.00               0.00     0.00      0.00
 X-2               0.00            0.00      0.00               0.00     0.00      0.00
 X-B               0.00            0.00      0.00               0.00     0.00      0.00
 B-1      11,550,000.00   11,550,000.00      0.00               0.00     0.00      0.00
 B-2       7,000,000.00    7,000,000.00      0.00               0.00     0.00      0.00
 B-3       3,150,000.00    3,150,000.00      0.00               0.00     0.00      0.00
 B-4       1,750,000.00    1,750,000.00      0.00               0.00     0.00      0.00
 B-5       1,400,000.00    1,400,000.00      0.00               0.00     0.00      0.00
 B-6       3,150,069.00    3,150,069.00      0.00               0.00     0.00      0.00
 A-R             100.00            0.00      0.00               0.00     0.00      0.00
         --------------  --------------      ----      -------------     ----      ----
Totals   699,998,169.00  628,819,503.66      0.00      10,806,638.13     0.00      0.00
         --------------  --------------      ----      -------------     ----      ----

<CAPTION>
              Total          Ending         Ending
             Principal     Certificate    Certificate   Total Principal
Class        Reduction       Balance      Percentage     Distribution
------     -------------  --------------  ----------    ---------------
<S>        <C>            <C>             <C>           <C>
  A        10,806,638.13  590,012,796.53  0.87799785    10,806,638.13
 X-1                0.00            0.00  0.00000000             0.00
 X-2                0.00            0.00  0.00000000             0.00
 X-B                0.00            0.00  0.00000000             0.00
 B-1                0.00   11,550,000.00  1.00000000             0.00
 B-2                0.00    7,000,000.00  1.00000000             0.00
 B-3                0.00    3,150,000.00  1.00000000             0.00
 B-4                0.00    1,750,000.00  1.00000000             0.00
 B-5                0.00    1,400,000.00  1.00000000             0.00
 B-6                0.00    3,150,069.00  1.00000000             0.00
 A-R                0.00            0.00  0.00000000             0.00
           -------------  --------------  ----------    -------------
Totals     10,806,638.13  618,012,865.53  0.88287783    10,806,638.13
           -------------  --------------  ----------    -------------
</TABLE>

(1)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.

<PAGE>

                    PRINCIPAL DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                        Beginning       Scheduled    Unscheduled
       Original Face   Certificate      Principal     Principal               Realized
Class     Amount         Balance      Distribution  Distribution  Accretion   Loss (3)
-----  --------------  -------------  ------------  ------------  ----------  ----------
<S>    <C>             <C>            <C>           <C>           <C>         <C>
  A    671,998,000.00   894.07920062    0.00000000  16.08135460   0.00000000  0.00000000
 X-1             0.00     0.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 X-2             0.00     0.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 X-B             0.00     0.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 B-1    11,550,000.00  1000.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 B-2     7,000,000.00  1000.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 B-3     3,150,000.00  1000.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 B-4     1,750,000.00  1000.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 B-5     1,400,000.00  1000.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 B-6     3,150,069.00  1000.00000000    0.00000000   0.00000000   0.00000000  0.00000000
 A-R           100.00     0.00000000    0.00000000   0.00000000   0.00000000  0.00000000

<CAPTION>
         Total         Ending         Ending
       Principal    Certificate    Certificate  Total Principal
Class  Reduction      Balance       Percentage    Distribution
-----  -----------  -------------  -----------  ---------------
<S>    <C>          <C>            <C>          <C>
  A    16.08135460   877.99784602   0.87799785    16.08135460
 X-1    0.00000000     0.00000000   0.00000000     0.00000000
 X-2    0.00000000     0.00000000   0.00000000     0.00000000
 X-B    0.00000000     0.00000000   0.00000000     0.00000000
 B-1    0.00000000  1000.00000000   1.00000000     0.00000000
 B-2    0.00000000  1000.00000000   1.00000000     0.00000000
 B-3    0.00000000  1000.00000000   1.00000000     0.00000000
 B-4    0.00000000  1000.00000000   1.00000000     0.00000000
 B-5    0.00000000  1000.00000000   1.00000000     0.00000000
 B-6    0.00000000  1000.00000000   1.00000000     0.00000000
 A-R    0.00000000     0.00000000   0.00000000     0.00000000
</TABLE>

(3)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.

                        INTEREST DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                        Beginning                  Payment of               Non-
                          Current     Certificate/     Current      Unpaid      Current   Supported
         Original Face  Certificate     Notional       Accrued      Interest   Interest   Interest   Realized
Class      Amount         Rate           Balance      Interest     Shortfall   Shortfall  Shortfall  Loss (4)
------  --------------  -----------  --------------  ------------  ----------  ---------  ---------  --------
<S>     <C>             <C>          <C>             <C>           <C>         <C>        <C>        <C>
   A    671,998,000.00    2.19125%   600,819,434.66  1,097,121.32     0.00       0.00       0.00       0.00
  X-1             0.00    0.80000%   516,456,232.58    344,304.16     0.00       0.00       0.00       0.00
  X-2             0.00    0.33705%   600,819,434.66    168,753.06     0.00       0.00       0.00       0.00
  X-B             0.00    0.72358%    18,550,000.00     11,185.39     0.00       0.00       0.00       0.00
  B-1    11,550,000.00    2.31125%    11,550,000.00     22,245.78     0.00       0.00       0.00       0.00
  B-2     7,000,000.00    2.79125%     7,000,000.00     16,282.29     0.00       0.00       0.00       0.00
  B-3     3,150,000.00    3.21596%     3,150,000.00      8,441.91     0.00       0.00       0.00       0.00
  B-4     1,750,000.00    3.21596%     1,750,000.00      4,689.95     0.00       0.00       0.00       0.00
  B-5     1,400,000.00    3.21596%     1,400,000.00      3,751.96     0.00       0.00       0.00       0.00
  B-6     3,150,069.00    3.21596%     3,150,069.00      8,442.09     0.00       0.00       0.00       0.00
  A-R           100.00    2.67176%             0.00          0.00     0.00       0.00       0.00       0.00
        --------------                               ------------     ----       ----       ----       ----
Totals  699,998,169.00                               1,685,217.91     0.00       0.00       0.00       0.00
        --------------                               ------------     ----       ----       ----       ----

<CAPTION>
                          Remaining       Ending
                           Unpaid      Certificate/
           Total Interest  Interest     Notational
Class       Distribution  Shortfall      Balance
------     -------------- ---------  --------------
<S>        <C>            <C>        <C>
   A        1,097,121.32    0.00     590,012,796.53
  X-1         344,304.16    0.00     497,257,688.40
  X-2         168,753.06    0.00     590,012,796.53
  X-B          11,185.39    0.00      18,550,000.00
  B-1          22,245.78    0.00      11,550,000.00
  B-2          16,282.29    0.00       7,000,000.00
  B-3           8,441.91    0.00       3,150,000.00
  B-4           4,689.95    0.00       1,750,000.00
  B-5           3,751.96    0.00       1,400,000.00
  B-6           8,442.09    0.00       3,150,069.00
  A-R               0.00    0.00               0.00
            ------------    ----
Totals      1,685,217.91    0.00
            ------------    ----
</TABLE>

(4)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.

<PAGE>

                    INTEREST DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                                                                           Payment of                Non-
                            Current        Beginning                         Unpaid     Current    Supported
           Original Face   Certificate    Certificate/    Current Accrued   Interest   Interest    Interest     Realized
Class (5)     Amount         Rate       Notional Balance    Interest       Shortfall   Shortfall   Shortfall    Loss (6)
---------  --------------  -----------  ----------------  ---------------  ----------  ----------  ----------  ----------
<S>        <C>             <C>          <C>               <C>              <C>         <C>         <C>         <C>
    A      671,998,000.00   2.19125%      894.07920062      1.63262587     0.00000000  0.00000000  0.00000000  0.00000000
   X-1               0.00   0.80000%      768.53834770      0.51235891     0.00000000  0.00000000  0.00000000  0.00000000
   X-2               0.00   0.33705%      894.07920062      0.25112137     0.00000000  0.00000000  0.00000000  0.00000000
   X-B               0.00   0.72358%     1000.00000000      0.60298598     0.00000000  0.00000000  0.00000000  0.00000000
   B-1      11,550,000.00   2.31125%     1000.00000000      1.92604156     0.00000000  0.00000000  0.00000000  0.00000000
   B-2       7,000,000.00   2.79125%     1000.00000000      2.32604143     0.00000000  0.00000000  0.00000000  0.00000000
   B-3       3,150,000.00   3.21596%     1000.00000000      2.67997143     0.00000000  0.00000000  0.00000000  0.00000000
   B-4       1,750,000.00   3.21596%     1000.00000000      2.67997143     0.00000000  0.00000000  0.00000000  0.00000000
   B-5       1,400,000.00   3.21596%     1000.00000000      2.67997143     0.00000000  0.00000000  0.00000000  0.00000000
   B-6       3,150,069.00   3.21596%     1000.00000000      2.67996987     0.00000000  0.00000000  0.00000000  0.00000000
   A-R             100.00   2.67176%        0.00000000      0.00000000     0.00000000  0.00000000  0.00000000  0.00000000

<CAPTION>
                             Remaining
                              Unpaid
           Total Interest    Interest   Ending Certificate
Class (5)   Distribution     Shortfall  Notational Balance
---------  --------------   ----------  -------------------
<S>        <C>              <C>         <C>
    A        1.63262587     0.00000000      877.99784602
   X-1       0.51235891     0.00000000      739.96900050
   X-2       0.25112137     0.00000000      877.99784602
   X-B       0.60298598     0.00000000     1000.00000000
   B-1       1.92604156     0.00000000     1000.00000000
   B-2       2.32604143     0.00000000     1000.00000000
   B-3       2.67997143     0.00000000     1000.00000000
   B-4       2.67997143     0.00000000     1000.00000000
   B-5       2.67997143     0.00000000     1000.00000000
   B-6       2.67996987     0.00000000     1000.00000000
   A-R       0.00000000     0.00000000        0.00000000
</TABLE>

(5)   Per $1 denomination

(6)   Amount does not include excess special hazard, bankruptcy, or fraud losses
      unless otherwise disclosed. Please refer to the prospectus supplement for
      a full description.

                       CERTIFICATEHOLDER ACCOUNT STATEMENT

                               CERTIFICATE ACCOUNT

<TABLE>
<S>                                                                 <C>
Beginning Balance                                                            0.00

Deposits
         Payments of Interest and Principal                         12,692,480.01
         Liquidations, Insurance Proceeds, Reserve Funds                     0.00
         Proceeds from Repurchased Loans                                     0.00
         Other Amounts (Servicer Advances)                              25,268.71
         Realized Losses (Gains, Subsequent Expenses & Recoveries)           0.00
         Prepayment Penalties                                                0.00
                                                                    -------------
Total Deposits                                                      12,717,748.72

Withdrawals
         Reimbursement for Servicer Advances                            23,026.36
         Payment of Service Fee                                        202,866.32
         Payment of Interest and Principal                          12,491,856.04
                                                                    -------------
Total Withdrawals (Pool Distribution Amount)                        12,717,748.72

Ending Balance                                                               0.00
                                                                    =============
</TABLE>

<PAGE>

                    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

<TABLE>
<S>                                                                <C>
Total Prepayment/Curtailment Interest Shortfall                    0.00
Servicing Fee Support                                              0.00
                                                                   ----
Non-Supported Prepayment Curtailment Interest Shortfall            0.00
                                                                   ====
</TABLE>

                                 SERVICING FEES

<TABLE>
<S>                                                         <C>
Gross Servicing Fee                                         197,888.16
Master Servicing Fee                                          4,978.16
Supported Prepayment/Curtailment Interest Shortfall               0.00
                                                            ----------
Net Servicing Fee                                           202,866.32
                                                            ==========
</TABLE>

                                 OTHER ACCOUNTS

<TABLE>
<CAPTION>
                       Beginning    Current     Current   Ending
     Account Type       Balance   Withdrawals  Deposits   Balance
---------------------  ---------  -----------  --------  --------
<S>                    <C>        <C>          <C>       <C>
Class X-1 Sub Account  4,500.00      0.00        0.00    4,500.00
Class X-2 Sub Account  4,500.00      0.00        0.00    4,500.00
Class X-B Sub Account  1,000.00      0.00        0.00    1,000.00
</TABLE>

<PAGE>

             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

                                   DELINQUENT

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days          0               0.00
30 Days           30       8,644,296.88
60 Days            0.              0.00
90 Days            0               0.00
120 Days           0               0.00
150 Days           1         506,400.00
180+ Days          0               0.00
                 ----      ------------
                  31       9,150,696.88
</TABLE>

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days      0.000000%    0.000000%
30 Days        1.645639%    1.398723%
60 Days        0.000000%    0.000000%
90 Days        0.000000%    0.000000%
120 Days       0.000000%    0.000000%
150 Days       0.054855%    0.081940%
180+ Days      0.000000%    0.000000%
               --------     --------
               1.700494%    1.480662%
</TABLE>

                                   BANKRUPTCY

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days          0           0.00
30 Days            0           0.00
60 Days            0           0.00
90 Days            0           0.00
120 Days           0           0.00
150 Days           0           0.00
180+ Days          0           0.00
                  ---          ----
                   0           0.00
</TABLE>

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days      0.000000%    0.000000%
30 Days        0.000000%    0.000000%
60 Days        0.000000%    0.000000%
90 Days        0.000000%    0.000000%
120 Days       0.000000%    0.000000%
150 Days       0.000000%    0.000000%
180+ Days      0.000000%    0.000000%
               --------     --------
               0.000000%    0.000000%
</TABLE>

                                   FORECLOSURE

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days          0          0.00
30 Days            0          0.00
60 Days            0          0.00
90 Days            0          0.00
120 Days           0          0.00
150 Days           0          0.00
180+ Days          0          0.00
                  ---         ----
                   0          0.00
</TABLE>

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days      0.000000%     0.000000%
30 Days        0.000000%     0.000000%
60 Days        0.000000%     0.000000%
90 Days        0.000000%     0.000000%
120 Days       0.000000%     0.000000%
150 Days       0.000000%     0.000000%
180+ Days      0.000000%     0.000000%
               --------      --------
               0.000000%     0.000000%
</TABLE>

                                       REO

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days          0             0.00
30 Days            0             0.00
60 Days            0             0.00
90 Days            0             0.00
120 Days           0             0.00
150 Days           0             0.00
180+ Days          0             0.00
                  ---            ----
                   0             0.00
</TABLE>

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
0-29 Days      0.000000%     0.000000%
30 Days        0.000000%     0.000000%
60 Days        0.000000%     0.000000%
90 Days        0.000000%     0.000000%
120 Days       0.000000%     0.000000%
150 Days       0.000000%     0.000000%
180+ Days      0.000000%     0.000000%
               --------      --------
               0.000000%     0.000000%
</TABLE>

                                     TOTAL

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
 0-29 Days         0               0.00
 30 Days          30       8,644,296.88
 60 Days           0               0.00
 90 Days           0               0.00
 120 Days          0               0.00
 150 Days          1         506,400.00
 180+ Days         0               0.00
                 ----      ------------
                  31       9,150,696.88
</TABLE>

<TABLE>
<CAPTION>
                 No. of     Principal
                 Loans       Balance
               ---------   ------------
<S>            <C>         <C>
 0-29 Days     0.000000%    0.000000%
 30 Days       1.645639%    1.398723%
 60 Days       0.000000%    0.000000%
 90 Days       0.000000%    0.000000%
 120 Days      0.000000%    0.000000%
 150 Days      0.054855%    0.081940%
 180+ Days     0.000000%    0.000000%
               --------     --------
               1.700494%    1.480662%
</TABLE>

<TABLE>
<S>                                        <C>  <C>                                          <C>  <C>              <C>
Current Period Class A Insufficient Funds: 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 25,268.71
</TABLE>

<TABLE>
<CAPTION>
            Original $     Original%    Current $      Current %   Current Class %  Prepayment %
           -------------  -----------  -------------  -----------  ---------------  ------------
<S>        <C>            <C>          <C>            <C>          <C>              <C>
Class A    28,000,069.00  4.00002032%  28,000,069.00  4.53066118%     95.469339%      0.000000%
Class X-1  28,000,069.00  4.00002032%  28,000,069.00  4.53066118%      0.000000%      0.000000%
Class X-2  28,000,069.00  4.00002032%  28,000,069.00  4.53066118%      0.000000%      0.000000%
Class B-1  16,450,069.00  2.35001600%  16,450,069.00  2.66176805%      1.868893%     41.249898%
Class B-2   9,450,069.00  1.35001339%   9,450,069.00  1.52910555%      1.132663%     24.999938%
Class B-3   6,300,069.00  0.90001221%   6,300,069.00  1.01940742%      0.509698%     11.249972%
Class B-4   4,550,069.00  0.65001156%   4,550,069.00  0.73624179%      0.283166%      6.249985%
Class B-5   3,150,069.00  0.45001103%   3,150,069.00  0.50970929%      0.226533%      4.999988%
Class B-6           0.00  0.00000000%           0.00  0.00000000%      0.509709%     11.250219%
</TABLE>

Please refer to the prospectus supplement for a full description of loss
exposure

<PAGE>

                              COLLATERAL STATEMENT

<TABLE>
<CAPTION>
<S>                                                     <C>
Collateral Description                                        Mixed Arm

Weighted Average Gross Coupon                                  3.603102%
Weighted Average Net Coupon                                    3.225465%
Weighted Average Pass-Through Rate                             3.215965%
Weighted Average Maturity (Stepdown Calculation)                    337

Beginning Scheduled Collateral Loan Count                         1,851
Number of Loans Paid in Full                                         28
Ending Scheduled Collateral Loan Count                            1,823

Beginning Scheduled Collateral Balance                   628,819,503.73
Ending Scheduled Collateral Balance                      618,012,865.60
Ending Actual Collateral Balance at 30-Sept-2004         618,013,706.40

Monthly P&I Constant                                       1,888,084.23
Special Servicing Fee                                              0.00
Prepayment Penalties                                               0.00
Realization Loss Amount                                            0.00
Cumulative Realized Loss                                           0.00

Class A Optimal Amount                                    12,428,002.06

Ending Scheduled Balance for Premium Loans               618,012,865.60

Scheduled Principal                                                0.00
Unscheduled Principal                                     10,806,638.13
</TABLE>

MISCELLANEOUS REPORTING

<TABLE>
<S>                                                      <C>
One-Month Libor Loan Balance                              71,681,830.12
Six-Month Libor Loan Balance                             546,331,035.48
Prorata Senior Percentage                                     95.547201%
Senior Percentage                                            100.000000%
Senior Prepayment Percentage                                 100.000000%
Subordinate Percentage                                         0.000000%
Subordinate Prepayment Percentage                              0.000000%
</TABLE>