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

                              SERVICER'S ANNUAL CERTIFICATION

Dear Sir/Madam:

The  undersigned  hereby  certifies  with  respect  to each and  every  mortgage
serviced under the Servicing  Agreement between Norwest Bank Minnesota,  N.A. 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
      Minnesota, N.A..

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

4.    All notices detrimental to Norwest Bank Minnesota,  N.A. security interest
      have been forwarded to Norwest Bank Minnesota, N.A..

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 place  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  flied 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 Minnesota,  N.A.  property foreclosure  acquisitions and abandonments
      (IRS Code 60500).

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

14.   A Form 1098 was filed with the  Internal Revenue  Service  for all Norwest
      Bank Minnesota, N.A. 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.

By:/s/Patricia A. Maynard                                          3/23/98
Patricia A. Maynard, Vice President                                Date