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 2, 2007 AND OCTOBER 1,            2007.

 

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[LOGO] Deutsche Bank

 

Safet            Kalabovic

Bankers            Trust Company

(201)            593-6850

 

April            2, 2007

 

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            2, 2007. 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,

 

 

Teddy            Banica

Assistant Vice President

 

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[LOGO] Deutsche Bank

 

April            2, 2007

 

Bielka            Tortorelli

Merrill            Lynch

World            Financial Center

250            Vesey Street

New            York, New York 10281

 

 

Re:                   Merrill Lynch Municipal ABS, Inc.

Prerefunded Municipal Certificates Series 2

 

Bielka:

 

For the            above referenced issues, the principal and interest information for April 2, 2007 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,

 

Teddy            Banica

Assistant Vice President

 

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**                               SERIES 2 CERTIFICATES**

|                                                                                                                          |            |       |            |              |   |            |            |
|-------------------------------------------------------------------------------------------------------------------------------|-----------------|------------|-----------------|-------------------|--------|-----------------|-----------------|
|                                                                                                                          | **Certificate** |       |            |              |   | **Interest**    | **Principal**   |
| **Class**                                                                                                                     | **Maturity**    | **CUSIP**  | **Certificate** | **Certificate**   |   | **Amount**      | **Amount**      |
| **Number**                                                                                                                    | **Date**        | **Number** | **Rate**        | **Amount**        |   | **Due**         | **Due**         |
| 22                                                                                                                            | 10/1/2007       | 70252B BP7 | 5.40            | 955,000.00        | *      | 25,785.00       | 200,000.00      |
| 23                                                                                                                            | 10/1/2010       | 70252B BV4 | 5.60            | 5,000,000.00      | *      | 140,000.00      | 0.00            |
| 24                                                                                                                            | 10/1/2012       | 70252B BZ5 | 5.70            | 1,915,000.00      | *      | 54,577.50       | 0.00            |
| RI                                                                                                                            | 10/1/2012       | 70252B CA9 | Variable        | 34,753.00         |   | Residual --> | 4,231.00        |
|                                                                                                                          |            |       |            |              |   |            |            |
| **TOTAL**                                                                                                                     |            |       |            | **$7,904,753.00** |   | **$220,362.50** | **$204,231.00** |
| *******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            2, 2007

 

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            2, 2007. 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,

 

 

Teddy            Banica

Assistant Vice President

 

----

 

                                                                                                                                                                  [LOGO] Deutsche Bank

 

April            2, 2007

 

Bielka            Tortorelli

Merrill            Lynch

World            Financial Center

250            Vesey Street

New            York, New York 10281

 

Re:                   Merrill Lynch Municipal ABS, Inc.

Prerefunded Municipal Certificates Series 3

 

Bielka:

 

For the            above referenced issues, the principal and interest information for April 2, 2007 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,

 

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**         |
| 22                                                                                                                            | 10/1/2007       | 684503 UB9 | 5.40            | 5,480,000.00       | *      | 147,960.00      | 880,000.00      |
| 23                                                                                                                            | 10/1/2008       | 684503 UD5 | 5.50            | 5,785,000.00       | *      | 159,087.50      | 0.00            |
| 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        | 37,904.00          |   | Residual --> | 4,376.00        |
|                                                                                                                          |            |       |            |               |   |            |            |
| **TOTAL**                                                                                                                     |            |       |            | **$35,457,904.00** |   | **$989,217.50** | **$884,376.00** |
| *******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, 2007

 

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, 2007. 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,

 

 

Teddy            Banica

Assistant Vice President

 

----

 

[LOGO] Deutsche Bank

 

October            1, 2007

 

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, 2007 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,

 

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**           |
| 22                                                                                                                            | 10/1/2007       | 70252B BP7 | 5.40            | 755,000.00        | *      | 20,385.00       | 755,000.00        |
| 23                                                                                                                            | 10/1/2010       | 70252B BV4 | 5.60            | 5,000,000.00      | *      | 140,000.00      | 415,000.00        |
| 24                                                                                                                            | 10/1/2012       | 70252B BZ5 | 5.70            | 1,915,000.00      | *      | 54,577.50       | 0.00              |
| RI                                                                                                                            | 10/1/2012       | 70252B CA9 | Variable        | 30,522.00         |   | Residual --> | 4,631.00          |
|                                                                                                                          |            |       |            |              |   |            |              |
| **TOTAL**                                                                                                                     |            |       |            | **$7,700,522.00** |   | **$214,962.50** | **$1,174,631.00** |
| *******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, 2007

 

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, 2007. 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,

 

 

Teddy            Banica

Assistant Vice President

 

----

 

[LOGO] Deutsche Bank

 

October            1, 2007

 

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, 2007 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,

 

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**           |
| 22                                                                                                                            | 10/1/2007       | 684503 UB9 | 5.40            | 4,600,000.00       | *      | 124,200.00      | 4,600,000.00      |
| 23                                                                                                                            | 10/1/2008       | 684503 UD5 | 5.50            | 5,785,000.00       | *      | 159,087.50      | 0.00              |
| 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        | 33,528.00          |   | Residual --> | 3,136.00          |
|                                                                                                                          |            |       |            |               |   |            |              |
| **TOTAL**                                                                                                                     |            |       |            | **$34,573,528.00** |   | **$965,457.50** | **$4,603,136.00** |
| *******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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