EXHIBIT 99.3

 

STATEMENTS TO HOLDERS OF MERRILL LYNCH MUNICIPAL ABS, INC.

PREREFUNDED MUNICIPAL CERTIFICATES, SERIES 2 AND SERIES 3,

RELATING TO THE DISTRIBUTION DATES OF APRIL 1, 2008 AND OCTOBER 1, 2008.

 

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[LOGO] Deutsche Bank

 

Safet Kalabovic

Bankers Trust Company

(201) 593-6850

 

April 1, 2008

 

Merrill Lynch

World Financial Center

North Towers - 9th Floor

250 Vesey Street

New York, NY 10281-1309

Attn Edward Stasen

 

The Depository Trust Company

55 Water Street

New York, NY 10004

Attn: Fran Vespa

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

Prerefunded Municipal Certificates Series 2

 

All:

 

Pursuant to Section 4.03 of the Trust Agreement dated as of March 28, 1995, Deutsche Bank Trust Company Americas, as Trustee for the above-referenced bond issues, hereby notifies you of the debt service payments for each Series due on April 1, 2008. Attached is a payment schedule for each Series.

 

If you have any questions, please feel free to call me at (212) 250-2268.

 

Very truly yours,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

----

 

 

[LOGO] Deutsche Bank

 

April 1, 2008

 

Edward Stasen

Merrill Lynch

World Financial Center

250 Vesey Street

New York, New York 10281

 

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

|   | Prerefunded Municipal Certificates Series 2 |
|--------|---------------------------------------------|

 

Edward:

 

For the above referenced issues, the principal and interest information for April 1, 2008 is attached. All other relevant information is as follows:

 

 

| Premium on Bonds                           | None     |
|--------------------------------------------|----------|
| Trustee Fees Payable                       | None     |
| Interest Shortfall on Bonds                | None     |
| Aggregate Shortfall on Bonds               | None     |
| Accrued Interest undistributed to holders  | None     |
| Accrued Principal undistributed to holders | None     |
| Underlying Bonds on issues                 | Attached |

 

 

Should you have any questions please call me at (212) 250-2268.

 

Sincerely,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

 

----

| **SERIES 2 CERTIFICATES**

  |
|-----------------------------------|
|                              |   |   |   |   |   |   |   |
| **Class****Number**               | **Certificate****Maturity****Date** | **CUSIP****Number** | **Certificate****Rate** | **Certificate****Amount** |   | **Interest****Amount****Due** | **Principal****Amount****Due** |
| 23                                | 10/1/2010 | 70252B BV4 | 5.60 | 4,585,000.00 | * | 128,380.00 | 175,000.00 |
| 24                                | 10/1/2012 | 70252B BZ5 | 5.70 | 1,915,000.00 | * | 54,577.50 | 0.00 |
| RI                                | 10/1/2012 | 70252B CA9 | Variable | 25,891.00 |   | Residual --> | 3,308.00 |
|                              |   |   |   |   |   |   |   |
| **TOTAL**                         |   |   |   | **$6,525,891.00** |   | **$182,957.50** | **$178,308.00** |

 

*******Please note that premium on bonds, trustee fees payable, interest shortfalls, aggregate***

***shortfalls, accrued interest undistributed, and accrued principal undistributed are at zero.***

*******Pasco County FLA Health Facilities***

***         13.125% 10/01/12***

 

----

 

[LOGO] Deutsche Bank

 

Safet Kalabovic

Bankers Trust Company

(201) 593-6850

 

April 1, 2008

 

Merrill Lynch

World Financial Center

North Towers - 9th Floor

250 Vesey Street

New York, NY 10281-1309

Attn Edward Stasen

 

The Depository Trust Company

55 Water Street

New York, NY 10004

Attn: Fran Vespa

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

Prerefunded Municipal Certificates Series 3

 

All:

 

Pursuant to Section 4.03 of the Trust Agreement dated as of March 28, 1995, Deutsche Bank Trust Company Americas, as Trustee for the above-referenced bond issues, hereby notifies you of the debt service payments for each Series due on April 1, 2008. Attached is a payment schedule for each Series.

 

If you have any questions, please feel free to call me at (212) 250-2268.

 

Very truly yours,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

----

 

 

[LOGO] Deutsche Bank

 

April 1, 2008

 

Edward Stasen

Merrill Lynch

World Financial Center

250 Vesey Street

New York, New York 10281

 

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

Prerefunded Municipal Certificates 3

 

Edward:

 

For the above referenced issues, the principal and interest information for April 1, 2008 is attached. All other relevant information is as follows:

 

 

| Premium on Bonds                           | None     |
|--------------------------------------------|----------|
| Trustee Fees Payable                       | None     |
| Interest Shortfall on Bonds                | None     |
| Aggregate Shortfall on Bonds               | None     |
| Accrued Interest undistributed to holders  | None     |
| Accrued Principal undistributed to holders | None     |
| Underlying Bonds on issues                 | Attached |

 

 

Should you have any questions please call me at (212) 250-2268.

 

Sincerely,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

 

----

|       |            |       | **SERIES 3 CERTIFICATES** |               |   |
|------------|-----------------|------------|---------------------------|--------------------|--------|
|       |            |       |                      |               |   |   |   |
|       | **Certificate** |       |                      |               |   | **Interest** | **Principal** |
| **Class**  | **Maturity**    | **CUSIP**  | **Certificate**           | **Certificate**    |   | **Amount** | **Amount** |
| **Number** | **Date**        | **Number** | **Rate**                  | **Amount**         |   | **Due** | **Due** |
| 23         | 10/1/2008       | 684503 UD5 | 5.50                      | 5,785,000.00       | *      | 159,087.50 | 785,000.00 |
| 24         | 10/1/2009       | 684503 UF0 | 5.60                      | 6,085,000.00       | *      | 170,380.00 | 0.00 |
| 25         | 10/1/2010       | 684503 UH6 | 5.60                      | 6,410,000.00       | *      | 179,480.00 | 0.00 |
| 26         | 10/1/2011       | 684503 UK9 | 5.70                      | 6,750,000.00       | *      | 192,375.00 | 0.00 |
| 27         | 10/1/2012       | 684503 UM5 | 5.70                      | 4,910,000.00       | *      | 139,935.00 | 0.00 |
| RI         | 10/1/2012       | 684503 UN3 | Variable                  | 30,392.00          |   | Residual --> | 4,852.00 |
|       |            |       |                      |               |   |   |   |
| **TOTAL**  |            |       |                      | **$29,970,392.00** |   | **$841,257.50** | **$789,852.00** |

 

*******Please note that premium on bonds, trustee fees payable, interest shortfalls, aggregate***

***shortfalls, accrued interest undistributed, and accrued principal undistributed are at zero.***

*******Underlying Bond-Orange County FLA Health Facilities***

***         13.125%, 10/01/12***

 

 

----

 

[LOGO] Deutsche Bank

 

October 1, 2008

 

Merrill Lynch

World Financial Center

North Towers – 9th Floor

250 Vesey Street

New York, NY 10281-1309

Attn: Edward Stasen

 

The Depository Trust Company

55 Water Street

New York, NY 10004

Attn: Fran Vespa

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

Prerefunded Municipal Certificates Series 2

 

All:

 

Pursuant to Section 4.03 of the Trust Agreement dated as of March 28, 1995, Deutsche Bank Trust Company Americas, as Trustee for the above-referenced bond issues, hereby notifies you of the debt service payments for each Series due on October 1, 2008. Attached is a payment schedule for each Series.

 

If you have any questions, please feel free to call me at (212) 250-2268.

 

Very truly yours,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

----

 

[LOGO] Deutsche Bank

 

October 1, 2008

 

Edward Stasen

Merrill Lynch

World Financial Center

250 Vesey Street

New York, New York 10281

 

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

Prerefunded Municipal Certificates Series 2

 

Edward:

 

For the above referenced issues, the principal and interest information for October 1, 2008 is attached. All other relevant information is as follows:

 

| Premium on Bonds                           | None     |
|--------------------------------------------|----------|
| Trustee Fees Payable                       | None     |
| Interest Shortfall on Bonds                | None     |
| Aggregate Shortfall on Bonds               | None     |
| Accrued Interest undistributed to holders  | None     |
| Accrued Principal undistributed to holders | None     |
| Underlying Bonds on issues                 | Attached |

 

Should you have any questions please call me at (212) 250-2268.

 

Sincerely,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

----

|       |            |       | **SERIES 2 CERTIFICATES** |              |   |
|------------|-----------------|------------|---------------------------|-------------------|--------|
|       |            |       |                      |              |   |   |   |
|       | **Certificate** |       |                      |              |   | **Interest** | **Principal** |
| **Class**  | **Maturity**    | **CUSIP**  | **Certificate**           | **Certificate**   |   | **Amount** | **Amount** |
| **Number** | **Date**        | **Number** | **Rate**                  | **Amount**        |   | **Due** | **Due** |
| 23         | 10/1/2010       | 70252B BV4 | 5.60                      | 4,410,000.00      | *      | 123,480.00 | 1,270,000.00 |
| 24         | 10/1/2012       | 70252B BZ5 | 5.70                      | 1,915,000.00      | *      | 54,577.50 | 0.00 |
| RI         | 10/1/2012       | 70252B CA9 | Variable                  | 25,891.00         |   | Residual --> | 3,208.00 |
|       |            |       |                      |              |   |   |   |
| **TOTAL**  |            |       |                      | **$6,350,891.00** |   | **$178,057.50** | **$1,273,208.00** |

 

*******Please note that premium on bonds, trustee fees payable, interest shortfalls, aggregate***

***shortfalls, accrued interest undistributed, and accrued principal undistributed are at zero.***

*******Pasco County FLA Health Facilities***

***         13.125% 10/01/12***

 

----

 

[LOGO] Deutsche Bank

 

October 1, 2008

 

Merrill Lynch

World Financial Center

North Towers – 9th Floor

250 Vesey Street

New York, NY 10281-1309

Attn: Edward Stasen

 

The Depository Trust Company

55 Water Street

New York, NY 10004

Attn: Fran Vespa

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

Prerefunded Municipal Certificates Series 3

 

All:

 

Pursuant to Section 4.03 of the Trust Agreement dated as of March 28, 1995, Deutsche Bank Trust Company Americas, as Trustee for the above-referenced bond issues, hereby notifies you of the debt service payments for each Series due on October 1, 2008. Attached is a payment schedule for each Series.

 

If you have any questions, please feel free to call me at (212) 250-2268.

 

Very truly yours,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

----

 

[LOGO] Deutsche Bank

 

October 1, 2008

 

Edward Stasen

Merrill Lynch

World Financial Center

250 Vesey Street

New York, New York 10281

 

 

| Re: | Merrill Lynch Municipal ABS, Inc. |
|-----|-----------------------------------|

|   | Prerefunded Municipal Certificates Series 3 |
|--------|---------------------------------------------|

 

Edward:

 

For the above referenced issues, the principal and interest information for October 1, 2008 is attached. All other relevant information is as follows:

 

| Premium on Bonds                           | None     |
|--------------------------------------------|----------|
| Trustee Fees Payable                       | None     |
| Interest Shortfall on Bonds                | None     |
| Aggregate Shortfall on Bonds               | None     |
| Accrued Interest undistributed to holders  | None     |
| Accrued Principal undistributed to holders | None     |
| Underlying Bonds on issues                 | Attached |

 

Should you have any questions please call me at (212) 250-2268.

 

Sincerely,

 

/s/ Teddy Banica

Teddy Banica

Assistant Vice President

 

----

|       |            |       | **SERIES 3 CERTIFICATES** |               |   |            |
|------------|-----------------|------------|---------------------------|--------------------|--------|-----------------|
|       |            |       |                      |               |   |            |   |
|       | **Certificate** |       |                      |               |   | **Interest**    | **Principal** |
| **Class**  | **Maturity**    | **CUSIP**  | **Certificate**           | **Certificate**    |   | **Amount**      | **Amount** |
| **Number** | **Date**        | **Number** | **Rate**                  | **Amount**         |   | **Due**         | **Due** |
| 23         | 10/1/2008       | 684503 UD5 | 5.50                      | 5,000,000.00       | *      | 137,500.00      | 5,000,000.00 |
| 24         | 10/1/2009       | 684503 UF0 | 5.60                      | 6,085,000.00       | *      | 170,380.00      | 0.00 |
| 25         | 10/1/2010       | 684503 UH6 | 5.60                      | 6,410,000.00       | *      | 179,480.00      | 0.00 |
| 26         | 10/1/2011       | 684503 UK9 | 5.70                      | 6,750,000.00       | *      | 192,375.00      | 0.00 |
| 27         | 10/1/2012       | 684503 UM5 | 5.70                      | 4,910,000.00       | *      | 139,935.00      | 0.00 |
| RI         | 10/1/2012       | 684503 UN3 | Variable                  | 30,392.00          |   | Residual --> | 1,439.00 |
|       |            |       |                      |               |   |            |   |
| **TOTAL**  |            |       |                      | **$29,185,392.00** |   | **$819,670.00** | **$5,001,439.00** |

 

*******Please note that premium on bonds, trustee fees payable, interest shortfalls, aggregate***

***shortfalls, accrued interest undistributed, and accrued principal undistributed are at zero.***

*******Underlying Bond-Orange County FLA Health Facilities***

***         13.125%, 10/01/12***

 

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