NATIONAL CITY MORTGAGE CO.
                               3232 NEWMARK DRIVE
                              MIAMISBURG, OH 45342



                        SERVICER'S ANNUAL CERTIFICATION
                   January 1, 1996 through December 31, 1996



Dear Sir/Madam:

The  undersigned  hereby  certifies  with  respect  to each and  every  mortgage
serviced under the Servicing Agreement between Norwest Bank as follows:



1.   There are no outstanding unpaid installments of taxes, special assessments,
     or insurance unless otherwise reported.

2.   There has been no notice of  cancellation  received for any hazard or other
     insurance  incident to any mortgage,  without the Servicer obtaining proper
     coverage to protect the security interest in the property of Norwest Bank.

3.   Private mortgage insurance, as required, remains in full force and effect.

4.   All  notices  detrimental  to  Norwest  Bank  security  interest  have been
     forwarded to Norwest Bank.

5.   All ARM and GPM loan  adjustments  have  been made in  accordance  with the
     mortgage  terms,  with timely proper notice  provided to the  mortgagors as
     required by the terms of the note and by regulatory guidelines.

6.   The needed internal controls are in piece to insure that all index changes,
     made either manually or by automation,  reflect the accurate index for that
     period.

7.   All loan documents pertaining mortgage loans are held by National City Bank
     of Kentucky, our document custodian.

8.   All mortgage  insurance  premiums due under the contract of insurance  with
     the Federal Housing  Administration or private mortgage insurance companies
     have been paid.

9.   All FHA 235/265 mortgage loans have been property recertified.

10.  Fidelity  Bond  Coverage and Error's & Omissions  Coverage is in full force
     and effect.

11.  A Form 1099 was filed with the  Internal  Revenue  Service for all interest
     paid to mortgagors over $10.00 on their  escrow/impound  accounts (IRS Code
     6049).

12.  A Form 1099-A was filed with the Internal  Revenue  Service for all Norwest
     Bank property foreclosure acquisitions and abandonments (IRS Code 60500).

13.  A Form 1099-C was filed with the Internal  Revenue  Service for all Norwest
     Bank accounts that had forgiveness of debt.

14.  A Form 1098 was filed with the  Internal  Revenue  Service  for all Norwest
     Bank accounts for interest paid by the borrowers in excess of $600.00

15.  All requirements of Regulation Z have been met.

16.  We are in compliance with the National Flood Insurance Act of 1994.

17.  All property inspections have been completed as required.

18.  Interest is paid on escrow/impound accounts in states that require it.

19.  We  have  established   policies,   procedures  and   responsibilities  for
     comprehensive   contingency   planning,  to  minimize  financial  loss  and
     disruption  of  service to the  institution  and its  customers  and ensure
     timely resumptions in the event of a disaster.

20.  We  acknowledge  that the  institution's  contingency  plan is reviewed and
     approved annually by management.


/s/Patricia A. Maynard
Patricia A. Maynard
Vice President

Date: 3/7/97