Document:

<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 2002-7
                            RECORD DATE: MAY 30, 2003
                        DISTRIBUTION DATE: JUNE 20, 2003

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
                                       Certificate                                          Beginning
                                         Class                Certificate Pass-            Certificate                Interest
Class              CUSIP               Description               Through Rate                Balance                Distribution
--------------------------------------------------------------------------------------------------------------------------------
<S>              <C>                   <C>                    <C>                         <C>                       <C>
  A              81743YAA5                SEN                      1.65813%               494,196,889.81              682,868.90
 A-R             SMT0207AR                SEN                      3.51715%                         0.00                    0.00
 B-1             81743YAE7                SUB                      2.06813%                 8,080,000.00               13,925.41
 B-2             81743YAF4                SUB                      2.80029%                 5,771,000.00               13,467.05
 B-3             81743YAG2                SUB                      2.80029%                 3,463,000.00                8,081.16
 B-4             SMT0207B4                SUB                      2.80029%                 1,442,000.00                3,365.01
 B-5             SMT0207B5                SUB                      2.80029%                 1,154,000.00                2,692.94
 B-6             SMT0207B6                SUB                      2.80029%                 2,600,498.71                6,068.45
 X-1             81743YAC1                SEN                      0.95300%                         0.00               68,043.11
 X-2             81743YAD9                SEN                      1.17311%                         0.00              407,262.17
--------------------------------------------------------------------------------------------------------------------------------
Totals                                                                                    516,707,388.52            1,205,774.20
--------------------------------------------------------------------------------------------------------------------------------

<CAPTION>

------------------------------------------------------------------------------------------------------------------------------
                                                                 Ending
              Principal                  Current               Certificate                  Total                 Cumulative
Class        Distribution             Realized Loss              Balance                 Distribution            Realized Loss
------------------------------------------------------------------------------------------------------------------------------
<S>          <C>                      <C>                     <C>                        <C>                     <C>
  A          8,651,890.02                  0.00               485,544,999.79             9,334,759.92                 0.00
 A-R                 0.00                  0.00                         0.00                     0.00                 0.00
 B-1                 0.00                  0.00                 8,080,000.00                13,925.41                 0.00
 B-2                 0.00                  0.00                 5,771,000.00                13,467.05                 0.00
 B-3                 0.00                  0.00                 3,463,000.00                 8,081.16                 0.00
 B-4                 0.00                  0.00                 1,442,000.00                 3,365.01                 0.00
 B-5                 0.00                  0.00                 1,154,000.00                 2,692.94                 0.00
 B-6                 0.00                  0.00                 2,600,498.71                 6,068.45                 0.00
 X-1                 0.00                  0.00                         0.00                68,043.11                 0.00
 X-2                 0.00                  0.00                         0.00               407,262.17                 0.00
--------------------------------------------------------------------------------------------------------------------------
Totals       8,651,890.02                  0.00               508,055,498.50             9,857,664.22                 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             554,686,000.00         494,196,889.81          1,394.00             8,650,496.02           0.00              0.00
 A-R                    100.00                   0.00              0.00                     0.00           0.00              0.00
 B-1              8,080,000.00           8,080,000.00              0.00                     0.00           0.00              0.00
 B-2              5,771,000.00           5,771,000.00              0.00                     0.00           0.00              0.00
 B-3              3,463,000.00           3,463,000.00              0.00                     0.00           0.00              0.00
 B-4              1,442,000.00           1,442,000.00              0.00                     0.00           0.00              0.00
 B-5              1,154,000.00           1,154,000.00              0.00                     0.00           0.00              0.00
 B-6              2,600,498.71           2,600,498.71              0.00                     0.00           0.00              0.00
 X-1                     50.00                   0.00              0.00                     0.00           0.00              0.00
 X-2                     50.00                   0.00              0.00                     0.00           0.00              0.00
------------------------------------------------------------------------------------------------------------------------------------
Totals          577,196,698.71         516,707,388.52          1,394.00             8,650,496.02           0.00              0.00
------------------------------------------------------------------------------------------------------------------------------------

<CAPTION>

---------------------------------------------------------------------------------------------------------
                         Total                  Ending                    Ending               Total
                       Principal              Certificate               Certificate          Principal
Class                  Reduction                Balance                 Percentage          Distribution
---------------------------------------------------------------------------------------------------------
<S>                   <C>                   <C>                         <C>                 <C>
  A                   8,651,890.02          485,544,999.79              0.87535110          8,651,890.02
 A-R                          0.00                    0.00              0.00000000                  0.00
 B-1                          0.00            8,080,000.00              1.00000000                  0.00
 B-2                          0.00            5,771,000.00              1.00000000                  0.00
 B-3                          0.00            3,463,000.00              1.00000000                  0.00
 B-4                          0.00            1,442,000.00              1.00000000                  0.00
 B-5                          0.00            1,154,000.00              1.00000000                  0.00
 B-6                          0.00            2,600,498.71              1.00000000                  0.00
 X-1                          0.00                    0.00              0.00000000                  0.00
 X-2                          0.00                    0.00              0.00000000                  0.00
--------------------------------------------------------------------------------------------------------
Totals                8,651,890.02          508,055,498.50              0.88021207          8,651,890.02
--------------------------------------------------------------------------------------------------------
</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         554,686,000.00        890.94891490        0.00251313          15.59530260        0.00000000            0.00000000
A-R                100.00          0.00000000        0.00000000           0.00000000        0.00000000            0.00000000
B-1          8,080,000.00       1000.00000000        0.00000000           0.00000000        0.00000000            0.00000000
B-2          5,771,000.00       1000.00000000        0.00000000           0.00000000        0.00000000            0.00000000
B-3          3,463,000.00       1000.00000000        0.00000000           0.00000000        0.00000000            0.00000000
B-4          1,442,000.00       1000.00000000        0.00000000           0.00000000        0.00000000            0.00000000
B-5          1,154,000.00       1000.00000000        0.00000000           0.00000000        0.00000000            0.00000000
B-6          2,600,498.71       1000.00000000        0.00000000           0.00000000        0.00000000            0.00000000
X-1                 50.00          0.00000000        0.00000000           0.00000000        0.00000000            0.00000000
X-2                 50.00          0.00000000        0.00000000           0.00000000        0.00000000            0.00000000
-------------------------------------------------------------------------------------------------------------------------------

<CAPTION>

-----------------------------------------------------------------------------------------------------------
            Total Principal         Ending Certificate           Ending Certificate       Total Principal
Class          Reduction                 Balance                    Percentage              Distribution
-----------------------------------------------------------------------------------------------------------
<S>         <C>                     <C>                          <C>                      <C>
 A            15.59781574               875.35109916                0.87535110              15.59781574
A-R            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
X-1            0.00000000                 0.00000000                0.00000000               0.00000000
X-2            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
                                                               Certificate/            Current               Unpaid
                Original Face              Current               Notional              Accrued              Interest
 Class             Amount              Certificate Rate          Balance               Interest             Shortfall
---------------------------------------------------------------------------------------------------------------------------
<S>             <C>                    <C>                    <C>                    <C>                    <C>
   A            554,686,000.00             1.65813%           494,196,889.81           682,868.91             0.00
  A-R                   100.00             3.51715%                     0.00                 0.00             0.00
  B-1             8,080,000.00             2.06813%             8,080,000.00            13,925.41             0.00
  B-2             5,771,000.00             2.80029%             5,771,000.00            13,467.05             0.00
  B-3             3,463,000.00             2.80029%             3,463,000.00             8,081.16             0.00
  B-4             1,442,000.00             2.80029%             1,442,000.00             3,365.01             0.00
  B-5             1,154,000.00             2.80029%             1,154,000.00             2,692.94             0.00
  B-6             2,600,498.71             2.80029%             2,600,498.71             6,068.45             0.00
  X-1                    50.00             0.95300%            85,678,418.94            68,043.11             0.00
  X-2                    50.00             1.17311%           416,598,470.87           407,262.18             0.00
------------------------------------------------------------------------------------------------------------------
Totals          577,196,698.71                                                       1,205,774.22             0.00
------------------------------------------------------------------------------------------------------------------

<CAPTION>

-------------------------------------------------------------------------------------------------------------------------
                             Non-                                                       Remaining            Ending
            Current        Supported                                                     Unpaid            Certificate/
            Interest       Interest          Realized         Total Interest            Interest            Notational
 Class     Shortfall       Shortfall         Loss (4)          Distribution             Shortfall            Balance
-------------------------------------------------------------------------------------------------------------------------
<S>        <C>             <C>               <C>              <C>                       <C>               <C>
   A         0.00            0.00              0.00              682,868.90               0.00            485,544,999.79
  A-R        0.00            0.00              0.00                    0.00               0.00                      0.00
  B-1        0.00            0.00              0.00               13,925.41               0.00              8,080,000.00
  B-2        0.00            0.00              0.00               13,467.05               0.00              5,771,000.00
  B-3        0.00            0.00              0.00                8,081.16               0.00              3,463,000.00
  B-4        0.00            0.00              0.00                3,365.01               0.00              1,442,000.00
  B-5        0.00            0.00              0.00                2,692.94               0.00              1,154,000.00
  B-6        0.00            0.00              0.00                6,068.45               0.00              2,600,498.71
  X-1        0.00            0.00              0.00               68,043.11               0.00             84,958,359.34
  X-2        0.00            0.00              0.00              407,262.17               0.00            408,666,640.45
------------------------------------------------------------------------------------------------------------------------
Totals       0.00            0.00              0.00            1,205,774.20               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
                                      Current            Beginning                                       Unpaid            Current
               Original Face        Certificate         Certificate/             Current Accrued        Interest          Interest
Class (5)          Amount              Rate           Notional Balance               Interest          Shortfall          Shortfall
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>                  <C>               <C>                        <C>                   <C>               <C>
    A          554,686,000.00         1.65813%            890.94891490               1.23109094        0.00000000        0.00000000
   A-R                 100.00         3.51715%              0.00000000               0.00000000        0.00000000        0.00000000
   B-1           8,080,000.00         2.06813%           1000.00000000               1.72344183        0.00000000        0.00000000
   B-2           5,771,000.00         2.80029%           1000.00000000               2.33357304        0.00000000        0.00000000
   B-3           3,463,000.00         2.80029%           1000.00000000               2.33357205        0.00000000        0.00000000
   B-4           1,442,000.00         2.80029%           1000.00000000               2.33357143        0.00000000        0.00000000
   B-5           1,154,000.00         2.80029%           1000.00000000               2.33357019        0.00000000        0.00000000
   B-6           2,600,498.71         2.80029%           1000.00000000               2.33357162        0.00000000        0.00000000
   X-1                  50.00         0.95300%        1713568.37880000            1360.86220000        0.00000000        0.00000000
   X-2                  50.00         1.17311%        8331969.41740000            8145.24360000        0.00000000        0.00000000
------------------------------------------------------------------------------------------------------------------------------------

<CAPTION>

                       Non-                                                     Remaining
                    Supported                                                    Unpaid
                    Interest             Realized           Total Interest      Interest           Ending Certificate/
Class (5)           Shortfall            Loss (6)            Distribution       Shortfall          Notational Balance
---------------------------------------------------------------------------------------------------------------------
<S>                 <C>                 <C>                 <C>                 <C>                <C>
    A               0.00000000          0.00000000             1.23109092       0.00000000              875.35109916
   A-R              0.00000000          0.00000000             0.00000000       0.00000000                0.00000000
   B-1              0.00000000          0.00000000             1.72344183       0.00000000             1000.00000000
   B-2              0.00000000          0.00000000             2.33357304       0.00000000             1000.00000000
   B-3              0.00000000          0.00000000             2.33357205       0.00000000             1000.00000000
   B-4              0.00000000          0.00000000             2.33357143       0.00000000             1000.00000000
   B-5              0.00000000          0.00000000             2.33357019       0.00000000             1000.00000000
   B-6              0.00000000          0.00000000             2.33357162       0.00000000             1000.00000000
   X-1              0.00000000          0.00000000          1360.86220000       0.00000000          1699167.18680000
   X-2              0.00000000          0.00000000          8145.24340000       0.00000000          8173332.80900000
--------------------------------------------------------------------------------------------------------------------
</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                               10,023,021.33
       Liquidations, Insurance Proceeds, Reserve Funds                           0.00
       Proceeds from Repurchased Loans                                           0.00
       Other Amounts (Servicer Advances)                                       967.60
       Realized Losses                                                           0.00
       Prepayment Penalties                                                      0.00
                                                                        -------------

Total Deposits                                                          10,023,988.93

Withdrawals
       Reimbursement for Servicer Advances                                     342.73
       Payment of Service Fee                                              165,981.98
       Payment of Interest and Principal                                 9,857,664.22
                                                                        -------------

Total Withdrawals (Pool Distribution Amount)                            10,023,988.93

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                  0.01
                                                                         ====
</TABLE>

                                 SERVICING FEES

<TABLE>
<S>                                                                     <C>
Gross Servicing Fee                                                     161,676.11
Master Servicing Fee                                                      4,305.87
Supported Prepayment/Curtailment Interest Shortfall                           0.00
                                                                        ----------

Net Servicing Fee                                                       165,981.98
                                                                        ==========
</TABLE>

<TABLE>
<CAPTION>
                                       Beginning               Current          Current          Ending
         Account Type                   Balance              Withdrawals        Deposits         Balance
--------------------------------------------------------------------------------------------------------
<S>                                    <C>                   <C>                <C>             <C>
Basis Risk Reserve Fund - X-1           1,512.84                0.00              0.00          1,512.84
Basis Risk Reserve Fund - X-2           8,487.16                0.00              0.00          8,487.16
--------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------
              DELINQUENT                            BANKRUPTCY                          FORECLOSURE
---------------------------------------------------------------------------------------------------------------
<S>           <C>         <C>           <C>         <C>          <C>         <C>        <C>           <C>
                No. of     Principal                 No. of      Principal                No. of      Principal
                Loans       Balance                   Loans       Balance                  Loans       Balance

30 Days           2       389,504.17    30 Days         0            0.00    30 Days         0            0.00
60 Days           0             0.00    60 Days         0            0.00    60 Days         0            0.00
90 Days           0             0.00    90 Days         0            0.00    90 Days         0            0.00
120 Days          0             0.00    120 Days        0            0.00    120 Days        0            0.00
150 Days          0             0.00    150 Days        0            0.00    150 Days        0            0.00
180+ Days         0             0.00    180+ Days       0            0.00    180+ Days       0            0.00
               --------   ----------                 --------    --------                --------     --------
                  2       389,504.17                    0            0.00                    0            0.00

                No. of     Principal                 No. of      Principal                No. of      Principal
                Loans       Balance                   Loans       Balance                  Loans       Balance

30 Days        0.143062%    0.076666%   30 Days      0.000000%   0.000000%   30 Days     0.000000%    0.000000%
60 Days        0.000000%    0.000000%   60 Days      0.000000%   0.000000%   60 Days     0.000000%    0.000000%
90 Days        0.000000%    0.000000%   90 Days      0.000000%   0.000000%   90 Days     0.000000%    0.000000%
120 Days       0.000000%    0.000000%   120 Days     0.000000%   0.000000%   120 Days    0.000000%    0.000000%
150 Days       0.000000%    0.000000%   150 Days     0.000000%   0.000000%   150 Days    0.000000%    0.000000%
180+ Days      0.000000%    0.000000%   180+ Days    0.000000%   0.000000%   180+ Days   0.000000%    0.000000%
               --------   ----------                 --------    --------                --------     --------
               0.143062%    0.076666%                0.000000%   0.000000%               0.000000%    0.000000%
--------------------------------------------------------------------------------------------------------------

<CAPTION>

---------------------------------------------------------------------------
                  REO                                 TOTAL
---------------------------------------------------------------------------
<S>            <C>          <C>         <C>          <C>        <C>
                 No. of     Principal                 No. of     Principal
                 Loans       Balance                   Loans      Balance

30 Days            0            0.00    30 Days         2       389,504.17
60 Days            0            0.00    60 Days         0             0.00
90 Days            0            0.00    90 Days         0             0.00
120 Days           0            0.00    120 Days        0             0.00
150 Days           0            0.00    150 Days        0             0.00
180+ Days          0            0.00    180+ Days       0             0.00
               --------     --------                 --------   ----------
                   0            0.00                    2       389,504.17

                 No. of     Principal                 No. of     Principal
                 Loans       Balance                   Loans      Balance

30 Days        0.000000%    0.000000%   30 Days      0.143062%    0.076666%
60 Days        0.000000%    0.000000%   60 Days      0.000000%    0.000000%
90 Days        0.000000%    0.000000%   90 Days      0.000000%    0.000000%
120 Days       0.000000%    0.000000%   120 Days     0.000000%    0.000000%
150 Days       0.000000%    0.000000%   150 Days     0.000000%    0.000000%
180+ Days      0.000000%    0.000000%   180+ Days    0.000000%    0.000000%
               --------     --------                 --------   ----------
               0.000000%    0.000000%                0.143062%    0.076666%
--------------------------------------------------------------------------
</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   967.60
</TABLE>

<TABLE>
<CAPTION>
                   Original $      Original %       Current $        Current %
<S>              <C>              <C>            <C>                <C>
Bankruptcy          100,261.00    0.01737033%       100,261.00      0.01973426%
Fraud            17,315,901.00    3.00000001%    17,315,901.00      3.40826958%
Special Hazard    5,771,967.00    1.00000000%     5,080,554.99      1.00000000%
</TABLE>

Limit of subordinate's exposure to certain types of losses

<PAGE>

                           DELINQUENCY STATUS BY GROUP

                                 ONE-MONTH LIBOR

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------
              DELINQUENT                            BANKRUPTCY                          FORECLOSURE
---------------------------------------------------------------------------------------------------------------
<S>            <C>         <C>          <C>          <C>         <C>         <C>         <C>          <C>
                No. of     Principal                  No. of     Principal               No. of       Principal
                Loans       Balance                   Loans       Balance                 Loans        Balance

30 Days           0            0.00     30 Days         0            0.00    30 Days        0             0.00
60 Days           0            0.00     60 Days         0            0.00    60 Days        0             0.00
90 Days           0            0.00     90 Days         0            0.00    90 Days        0             0.00
120 Days          0            0.00     120 Days        0            0.00    120 Days       0             0.00
150 Days          0            0.00     150 Days        0            0.00    150 Days       0             0.00
180+ Days         0            0.00     180+ Days       0            0.00    180+ Days      0             0.00
               --------    --------                  --------    --------                --------     --------
                  0            0.00                     0            0.00                   0             0.00

                 No. of    Principal                  No. of     Principal                No. of      Principal
                 Loans      Balance                   Loans       Balance                  Loans       Balance

30 Days        0.000000%   0.000000%    30 Days      0.000000%   0.000000%   30 Days     0.000000%    0.000000%
60 Days        0.000000%   0.000000%    60 Days      0.000000%   0.000000%   60 Days     0.000000%    0.000000%
90 Days        0.000000%   0.000000%    90 Days      0.000000%   0.000000%   90 Days     0.000000%    0.000000%
120 Days       0.000000%   0.000000%    120 Days     0.000000%   0.000000%   120 Days    0.000000%    0.000000%
150 Days       0.000000%   0.000000%    150 Days     0.000000%   0.000000%   150 Days    0.000000%    0.000000%
180+ Days      0.000000%   0.000000%    180+ Days    0.000000%   0.000000%   180+ Days   0.000000%    0.000000%
               --------    --------                  --------    --------                --------     --------
               0.000000%   0.000000%                 0.000000%   0.000000%               0.000000%    0.000000%
--------------------------------------------------------------------------------------------------------------

<CAPTION>

--------------------------------------------------------------------------
                 REO                                  TOTAL
--------------------------------------------------------------------------
<S>            <C>         <C>          <C>          <C>         <C>
                No. of     Principal                  No. of     Principal
                Loans       Balance                   Loans       Balance

30 Days           0            0.00     30 Days         0            0.00
60 Days           0            0.00     60 Days         0            0.00
90 Days           0            0.00     90 Days         0            0.00
120 Days          0            0.00     120 Days        0            0.00
150 Days          0            0.00     150 Days        0            0.00
180+ Days         0            0.00     180+ Days       0            0.00
               --------    --------                  --------    --------
                  0            0.00                     0            0.00

                 No. of    Principal                  No. of     Principal
                 Loans      Balance                   Loans       Balance

30 Days        0.000000%   0.000000%    30 Days      0.000000%   0.000000%
60 Days        0.000000%   0.000000%    60 Days      0.000000%   0.000000%
90 Days        0.000000%   0.000000%    90 Days      0.000000%   0.000000%
120 Days       0.000000%   0.000000%    120 Days     0.000000%   0.000000%
150 Days       0.000000%   0.000000%    150 Days     0.000000%   0.000000%
180+ Days      0.000000%   0.000000%    180+ Days    0.000000%   0.000000%
               --------    --------                  --------    --------
               0.000000%   0.000000%                 0.000000%   0.000000%
-------------------------------------------------------------------------
</TABLE>

                                 SIX-MONTH LIBOR

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------
              DELINQUENT                            BANKRUPTCY                          FORECLOSURE
---------------------------------------------------------------------------------------------------------------
<S>            <C>        <C>           <C>          <C>         <C>         <C>         <C>          <C>
                No. of     Principal                  No. of     Principal                No. of      Principal
                Loans       Balance                   Loans       Balance                  Loans       Balance

30 Days           2       389,504.17    30 Days         0            0.00    30 Days        0             0.00
60 Days           0             0.00    60 Days         0            0.00    60 Days        0             0.00
90 Days           0             0.00    90 Days         0            0.00    90 Days        0             0.00
120 Days          0             0.00    120 Days        0            0.00    120 Days       0             0.00
150 Days          0             0.00    150 Days        0            0.00    150 Days       0             0.00
180+ Days         0             0.00    180+ Days       0            0.00    180+ Days      0             0.00
               --------   ----------                 --------    --------                --------     --------
                  2       389,504.17                    0            0.00                   0             0.00

                No. of     Principal                  No. of     Principal                No. of      Principal
                Loans       Balance                   Loans       Balance                  Loans       Balance

30 Days        0.169779%    0.092604%   30 Days      0.000000%   0.000000%   30 Days     0.000000%    0.000000%
60 Days        0.000000%    0.000000%   60 Days      0.000000%   0.000000%   60 Days     0.000000%    0.000000%
90 Days        0.000000%    0.000000%   90 Days      0.000000%   0.000000%   90 Days     0.000000%    0.000000%
120 Days       0.000000%    0.000000%   120 Days     0.000000%   0.000000%   120 Days    0.000000%    0.000000%
150 Days       0.000000%    0.000000%   150 Days     0.000000%   0.000000%   150 Days    0.000000%    0.000000%
180+ Days      0.000000%    0.000000%   180+ Days    0.000000%   0.000000%   180+ Days   0.000000%    0.000000%
               --------   ----------                 --------    --------                --------     --------
               0.169779%    0.092604%                0.000000%   0.000000%               0.000000%    0.000000%
---------------------------------------------------------------------------------------------------------------

<CAPTION>

--------------------------------------------------------------------------
                 REO                                  TOTAL
--------------------------------------------------------------------------
<S>            <C>         <C>          <C>          <C>        <C>
                 No. of    Principal                  No. of     Principal
                 Loans      Balance                   Loans       Balance

30 Days            0           0.00     30 Days         2       389,504.17
60 Days            0           0.00     60 Days         0             0.00
90 Days            0           0.00     90 Days         0             0.00
120 Days           0           0.00     120 Days        0             0.00
150 Days           0           0.00     150 Days        0             0.00
180+ Days          0           0.00     180+ Days       0             0.00
               --------    ---------                 --------   ----------
                   0           0.00                     2       389,504.17

                 No. of    Principal                  No. of     Principal
                 Loans      Balance                   Loans       Balance

30 Days        0.000000%   0.000000%    30 Days      0.169779%    0.092604%
60 Days        0.000000%   0.000000%    60 Days      0.000000%    0.000000%
90 Days        0.000000%   0.000000%    90 Days      0.000000%    0.000000%
120 Days       0.000000%   0.000000%    120 Days     0.000000%    0.000000%
150 Days       0.000000%   0.000000%    150 Days     0.000000%    0.000000%
180+ Days      0.000000%   0.000000%    180+ Days    0.000000%    0.000000%
               --------    --------                  --------   ----------
               0.000000%   0.000000%                 0.169779%    0.092604%
--------------------------------------------------------------------------
</TABLE>

<PAGE>

                              COLLATERAL STATEMENT

<TABLE>
<CAPTION>
Collateral Description                                                                            Mixed Fixed & Arm
<S>                                                                                               <C>
Weighted Average Gross Coupon                                                                            3.185763%
Weighted Average Net Coupon                                                                              2.810287%
Weighted Average Pass-Through Rate                                                                       2.800287%
Weighted Average Maturity (Stepdown Calculation)                                                              347

Beginning Scheduled Collateral Loan Count                                                                   1,420
Number of Loans Paid in Full                                                                                   22
Ending Scheduled Collateral Loan Count                                                                      1,398

Beginning Scheduled Collateral Balance                                                             516,707,388.52
Ending Scheduled Collateral Balance                                                                508,055,498.50
Ending Actual Collateral Balance at 30-May-2003                                                    508,052,909.55

Monthly P&I Constant                                                                                 1,373,150.24
Special Servicing Fee                                                                                        0.00
Prepayment Penalties                                                                                         0.00
Realization Loss Amount                                                                                      0.00
Cumulative Realized Loss                                                                                     0.00
Scheduled Principal                                                                                      1,394.00
Unscheduled Principal                                                                                8,650,496.02
</TABLE>

                             MISCELLANEOUS REPORTING

<TABLE>
<S>                                                                 <C>
Pro Rata Senior Percent                                              95.643473%
Senior Percent                                                      100.000000%
Senior Prepay Percent                                               100.000000%
Subordinate Percent                                                   0.000000%
Subordinate Prepay Percent                                            0.000000%
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
           GROUP                           ONE MONTH LIBOR      SIX MONTH LIBOR               TOTAL
<S>                                        <C>                  <C>                     <C>
Collateral Description                            Monthly          6 Month Arm          Mixed Fixed & Arm
Weighted Average Coupon Rate                     3.002728             3.223407                   3.185763
Weighted Average Net Rate                        2.627728             2.847833                   2.810287
Pass-Through Rate                                2.617728             2.837833                   2.800287
Weighted Average Maturity                             307                  308                        347
Record Date                                    05/30/2003           05/30/2003                 05/30/2003
Principal and Interest Constant                220,550.30         1,152,599.94               1,373,150.24
Beginning Loan Count                                  222                1,198                      1,420
Loans Paid in Full                                      2                   20                         22
Ending Loan Count                                     220                1,178                      1,398
Beginning Scheduled Balance                 88,139,974.19       428,567,414.33             516,707,388.52
Ending Scheduled Balance                    87,442,008.86       420,613,489.64             508,055,498.50
Scheduled Principal                                  0.00             1,394.00                   1,394.00
Unscheduled Principal                          697,965.33         7,952,530.69               8,650,496.02
Scheduled Interest                             220,550.30         1,151,205.94               1,371,756.24
Servicing Fee                                   27,543.74           134,132.37                 161,676.11
Master Servicing Fee                               734.49             3,571.38                   4,305.87
Trustee Fee                                          0.00                 0.00                       0.00
FRY Amount                                           0.00                 0.00                       0.00
Special Hazard Fee                                   0.00                 0.00                       0.00
Other Fee                                            0.00                 0.00                       0.00
Pool Insurance Fee                                   0.00                 0.00                       0.00
Spread 1                                             0.00                 0.00                       0.00
Spread 2                                             0.00                 0.00                       0.00
Spread 3                                             0.00                 0.00                       0.00
Net Interest                                   192,272.07         1,013,502.19               1,205,774.26
Realized Loss Amount                                 0.00                 0.00                       0.00
Cumulative Realized Loss                             0.00                 0.00                       0.00
Percentage of Cumulative Losses                      0.00                 0.00                       0.00
Prepayment Penalties                                 0.00                 0.00                       0.00
Special Servicing Fee                                0.00                 0.00                       0.00
</TABLE><PAGE>

                                  EXHIBIT 10.1

The Bank of New York
Corporate Trust and Agency Services
5 Penn Plaza, 16th Floor
New York, NY  10001
Patricia O' Neil Manella
(212) 328-7574

Distribution Date:  June 30, 2003

                      SEQUOIA MORTGAGE FUNDING CORPORATION
                 COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A

                    CERTIFICATE MONTHLY DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                        BEGINNING         PASS          INTEREST        PRINCIPAL           TOTAL         REALIZED      ENDING CERT
CLASS      CUSIP      CERT BALANCE      THROUGH       DISTRIBUTION     DISTRIBUTION      DISTRIBUTION      LOSSES         BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>          <C>               <C>           <C>              <C>               <C>              <C>          <C>
 A-1     81743UAA3    39,206,474.79     1.920000%      62,730.36       2,759,977.27      2,882,707.63       0.00       36,446,497.52
 A-2     81743UAB1    12,093,522.16     2.070000%      20,861.33         247,147.01        268,008.33       0.00       11,846,375.16
------------------------------------------------------------------------------------------------------------------------------------
Total                 51,299,996.95                    83,591.69       3,007,124.27      3,090,715.96       0.00       48,292,872.68
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

                           CURRENT PAYMENT INFORMATION
                                FACTORS PER $1.00

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
                          ORIGINAL CERT       BEGINNING       INTEREST         PRINCIPAL         ENDING          CURRENT PASS
CLASS       CUSIP            BALANCE           FACTOR          FACTOR           FACTOR           FACTOR             THROUGH
-----------------------------------------------------------------------------------------------------------------------------
<S>       <C>            <C>                <C>              <C>             <C>              <C>                <C>
 A-1      81743UAA3      64,761,000.00      605.402553799    0.968644086     42.617891451     562.784662348        1.920000%
 A-2      81743UAB1      15,861,000.00      762.469085421    1.315259172     15.582056937     746.887028483        2.070000%
-----------------------------------------------------------------------------------------------------------------------------
Total                    80,622,000.00      636.302708323    1.036834678     37.299053277     599.003655046
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>

             UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------
                                 ORIGINAL          BEGINNING       PASS          INTEREST
   SERIES          CLASS         BALANCE            BALANCE       THROUGH      DISTRIBUTION
--------------------------------------------------------------------------------------------
<S>                <C>       <C>                <C>               <C>          <C>
  CWMBS 94K          A1      123,119,000.00        818,548.90     3.746398%       2,555.51
DLJMA 93-Q18        1A1       51,833,000.00        147,618.89     4.968468%         611.20
 DLJMA 94-2A        1A1       85,787,000.00        586,019.72     5.269514%       2,573.37
  ONE 00-2           2A      152,653,000.00      7,201,639.49     4.380251%      26,287.49
 RYMS3 92-B         1A2        7,712,906.00              0.00     0.000000%           0.00
  SBM7 94-2          A1       49,384,000.00      1,138,790.38     5.379559%       5,105.16
  SMS 91-K           A1      110,588,063.00              0.00     0.000000%           0.00
  SMS 91-K           A3        1,917,885.00              0.00     0.000000%           0.00
 EAGLE 98-1          M1       46,029,000.00     18,242,144.10     2.320000%      34,092.54
  INMC 94-R          M2        4,620,000.00      2,296,192.56     4.875945%       9,330.09
  INMC 94-V          B1        3,618,000.00      1,312,162.83     4.568515%       4,995.53
  INMC 94-X          B1        2,769,000.00      1,139,044.42     4.465575%       4,238.74
  INMC 95-C          B1       12,828,797.00      4,183,189.78     5.013317%      17,476.38
  INMC 95-T          A2       65,695,250.00      2,795,622.31     4.386060%      10,218.14
--------------------------------------------------------------------------------------------
          Total              718,554,901.00     39,860,973.38                   117,484.14
--------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------
                    PRINCIPAL           TOTAL         REALIZED    INTEREST         ENDING
   SERIES         DISTRIBUTION      DISTRIBUTION       LOSSES     SHORTFALL        BALANCE
--------------------------------------------------------------------------------------------
<S>               <C>               <C>               <C>         <C>          <C>
  CWMBS 94K         331,633.46        334,188.97        0.00         0.00         486,915.43
DLJMA 93-Q18         69,197.40         69,808.60        0.00         0.00          78,421.49
 DLJMA 94-2A          1,653.90          4,227.27        0.00         0.00         584,365.81
  ONE 00-2          262,811.23        289,098.72        0.00         0.00       6,938,828.26
 RYMS3 92-B               0.00              0.00        0.00         0.00               0.00
  SBM7 94-2           1,936.60          7,041.76        0.00         0.00       1,136,853.79
  SMS 91-K                0.00              0.00        0.00         0.00               0.00
  SMS 91-K                0.00              0.00        0.00         0.00               0.00
 EAGLE 98-1         899,230.14        933,322.68        0.00         0.00      17,342,913.96
  INMC 94-R          38,222.93         47,553.02        0.00         0.00       2,257,969.63
  INMC 94-V           4,299.16          9,294.69        0.00         0.00       1,307,863.67
  INMC 94-X         116,463.93        120,702.67        0.00         0.00       1,022,580.49
  INMC 95-C         397,494.10        414,970.48        0.00         0.00       3,785,695.68
  INMC 95-T         637,034.41        647,252.55        0.00         0.00       2,158,587.90
--------------------------------------------------------------------------------------------
         Total    2,759,977.27      2,877,461.41        0.00         0.00      37,100,996.12
--------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

             UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------
                                ORIGINAL        BEGINNING       PASS       INTEREST
   SERIES           CLASS       BALANCE          BALANCE       THROUGH   DISTRIBUTION
-------------------------------------------------------------------------------------
<S>                 <C>      <C>              <C>             <C>        <C>
GRCAP 94-HM4         A1      245,813,000.00      434,299.68   4.556705%    1,649.15
  INMC 95-E          B1        4,608,492.00    2,727,992.16   4.593361%   10,442.21
  PMLT 99-A          M1        2,914,000.00    2,135,009.32   2.339332%    4,162.08
  RTC 95-2           A3      119,696,000.00    6,957,374.97   3.662157%   21,232.50
-----------------------------------------------------------------------------------
          Total              373,031,492.00   12,254,676.13               37,485.94
-----------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------
                    PRINCIPAL       TOTAL         REALIZED   INTEREST       ENDING
   SERIES         DISTRIBUTION   DISTRIBUTION      LOSSES    SHORTFALL      BALANCE
--------------------------------------------------------------------------------------
<S>               <C>            <C>              <C>        <C>         <C>
GRCAP 94-HM4         13,652.22     15,301.37        0.00       0.00         420,647.45
  INMC 95-E           7,766.37     18,208.58        0.00       0.00       2,720,225.79
  PMLT 99-A         126,287.92    130,450.00        0.00       0.00       2,008,721.40
  RTC 95-2           99,440.49    120,672.99        0.00       0.00       6,857,934.48
--------------------------------------------------------------------------------------
          Total     247,147.01    284,632.95        0.00       0.00      12,007,529.12
--------------------------------------------------------------------------------------
</TABLE>

                 UNDERLYING POOL DELINQUENT INFORMATION BY GROUP

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------
                          LOANS
                       OUTSTANDING         DELINQUENT 30-59 DAYS         DELINQUENT 60-89 DAYS         DELINQUENT 90+ DAYS
    SERIES               BALANCE          NO.           BALANCE          NO.         BALANCE          NO.         BALANCE
---------------------------------------------------------------------------------------------------------------------------
<S>                  <C>                  <C>        <C>                 <C>      <C>                <C>       <C>
   CWMBS 94K           8,063,564.44         4          490,151.29         0               0.00        0                0.00
DLJMA 93-Q18(1)        3,122,012.64         0                0.00         0               0.00        1           59,227.72
DLJMA 94-2A(1)           949,404.62         0                0.00         0               0.00        0                0.00
  ONE 00-2(2)        283,745,766.00        72        6,157,402.00        13       1,253,563.00        8        1,152,534.00
 RYMS3 92-B(2)                 0.00         0                0.00         0               0.00        0                0.00
 SBM7 94-2(2)          4,132,807.94         2          190,906.50         0               0.00        0                0.00
   SMS 91-K                    0.00         0                0.00         0               0.00        0                0.00
  EAGLE 98-1          29,366,916.54        18        1,406,644.27         8         655,428.34       23        2,781,817.01
   INMC 94-R           6,932,491.35         1          114,821.48         0               0.00        1          101,148.98
   INMC 94-V           5,850,080.16         1          122,601.95         0               0.00        0                0.00
   INMC 94-X           4,828,439.60         2          263,403.93         2         230,692.03        2          190,943.06
   INMC 95-C           7,501,226.21         2          163,043.04         2         250,536.50        0                0.00
 INMC 95-T(2)          6,739,501.52         4          892,089.26         0               0.00        0                0.00
---------------------------------------------------------------------------------------------------------------------------
     Total           361,232,211.02       106        9,801,063.72        25       2,390,219.87       35        4,285,670.77
---------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
---------------------------------------------------------------------------

                     FORECLOSURE               REO           REALIZED LOSSES
    SERIES        NO.     BALANCE       NO.      BALANCE       CURR. AMOUNT
---------------------------------------------------------------------------
<S>               <C>   <C>             <C>   <C>            <C>
   CWMBS 94K       1      237,873.56     0            0.00            0.00
DLJMA 93-Q18(1)    1      115,209.46     0            0.00            0.00
DLJMA 94-2A(1)     0            0.00     0            0.00            0.00
  ONE 00-2(2)     14    3,043,621.00     5      561,359.00      -30,657.00
 RYMS3 92-B(2)     0            0.00     0            0.00            0.00
 SBM7 94-2(2)      0            0.00     1      125,780.16            0.00
   SMS 91-K        0            0.00     0            0.00            0.00
  EAGLE 98-1      18    2,332,845.20    15    1,479,114.50            0.00
   INMC 94-R       3    1,404,498.97     1       54,214.30            0.00
   INMC 94-V       0            0.00     0            0.00            0.00
   INMC 94-X       1      139,325.03     0            0.00        4,194.64
   INMC 95-C       5      678,268.83     0            0.00            0.00
 INMC 95-T(2)      2      538,431.21     0            0.00      -21,282.71
--------------------------------------------------------------------------
     Total        45    8,490,073.26    22    2,220,467.96      -47,745.07
--------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
                            LOANS
                         OUTSTANDING     DELINQUENT 30-59 DAYS   DELINQUENT 60-89 DAYS   DELINQUENT 90+ DAYS
    SERIES                 BALANCE       NO.         BALANCE      NO.       BALANCE       NO.      BALANCE
------------------------------------------------------------------------------------------------------------
<S>                     <C>              <C>     <C>             <C>     <C>             <C>   <C>
-----------------------------------------------------------------------------------------------------------
    GRCAP 94-HM4          5,823,267.13     0              0.00     0             0.00     0            0.00
      INMC 95-E          13,116,608.72     7      1,987,422.65     2       179,086.71     3      408,767.96
      PMLT 99-A          30,898,687.85    28      1,679,129.82     4       485,062.97     6      452,469.23
     RTC 95-2(1)         20,458,378.01     7        375,932.21     2       244,451.49     4      300,235.77
-----------------------------------------------------------------------------------------------------------
        Total            70,296,941.71    42      4,042,484.68     8       908,601.17    13    1,161,472.96
-----------------------------------------------------------------------------------------------------------
      Total All         431,529,152.73   148     13,843,548.40    33     3,298,821.04    48    5,447,143.73
-----------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------

                           FORECLOSURE                  REO         REALIZED LOSSES
    SERIES              NO.     BALANCE       NO.      BALANCE       CURR. AMOUNT
-----------------------------------------------------------------------------------
<S>                     <C>  <C>              <C>   <C>             <C>
-----------------------------------------------------------------------------------
    GRCAP 94-HM4         0            0.00     0            0.00            0.00
      INMC 95-E          5      571,880.14     0            0.00            0.00
      PMLT 99-A         26    1,641,565.86     2       90,765.33      236,273.26
     RTC 95-2(1)         2      110,784.92     0            0.00            0.00
--------------------------------------------------------------------------------
        Total           33    2,324,230.92     2       90,765.33      236,273.26
--------------------------------------------------------------------------------
      Total All         78   10,814,304.18    24    2,311,233.29      188,528.19
--------------------------------------------------------------------------------
</TABLE>

(1)      Information shown for the Underlying Mortgage Loans for this Pooled
         Security is based on the Underlying Mortgage Loan group related to such
         Pooled Security only.

(2)      Information shown for the Underlying Mortgage Loans for this Pooled
         Security is based on all the Underlying Mortgage Loan groups in the
         related series.

<PAGE>

                         CERTIFICATE ACCOUNT INFORMATION

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
                                                  WITHDRAWALS                                                             ENDING
GROUP    BEGINNING BALANCE   FUNDS DEPOSITED      TRUSTEE FEE    MANAGEMENT FEE   AVAILABLE FUNDS   FUNDS DISTRIBUTED     BALANCE
----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                 <C>                  <C>            <C>              <C>               <C>                  <C>
   I           0.00            2,877,461.41          996.52           0.00          2,876,464.89       2,822,707.63      53,757.26
  II           0.00              284,632.95          306.37           0.00            284,326.58         268,008.33      16,318.25
----------------------------------------------------------------------------------------------------------------------------------
 Total         0.00            3,162,094.36        1,302.89           0.00          3,160,791.46       3,090,715.96      70,075.51
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------
                   ADDITIONAL REPORTING ITEMS                 POOL I           POOL II              TOTAL
-------------------------------------------------------------------------------------------------------------
<S>            <C>                                       <C>               <C>                 <C>
2.15(a)        Available Interest                            117,484.14        37,485.94           154,970.08
-------------------------------------------------------------------------------------------------------------
               Available Principal                         2,759,977.27       247,147.01         3,007,124.27
-------------------------------------------------------------------------------------------------------------
2.15(b)        Monthly Interest Amt.                        see p. 1
-------------------------------------------------------------------------------------------------------------
2.15(c)        Carryforward Interest                               0.00             0.00                 0.00
-------------------------------------------------------------------------------------------------------------
2.15(d)        Principal Paid                               see p. 1
-------------------------------------------------------------------------------------------------------------
2.15(e)        Class Print Amts.                            see p. 1
-------------------------------------------------------------------------------------------------------------
2.15(f)        Beginning Actual OC                               1.6420%          1.3150%
-------------------------------------------------------------------------------------------------------------
               Ending Actual OC                                  1.7641%          1.3421%
-------------------------------------------------------------------------------------------------------------
2.15(g)        2nd preceding pool bal                    383,968,196.11    70,135,250.44       454,103,446.55
-------------------------------------------------------------------------------------------------------------
2.15(h)        Required OC                                       2.7000%          2.0000%
-------------------------------------------------------------------------------------------------------------
2.15(i)        Has Step-up Occurred?                                 No               No
-------------------------------------------------------------------------------------------------------------
2.15(k)        Monies Deposited to Reserve Fund                    0.00             0.00                 0.00
-------------------------------------------------------------------------------------------------------------
2.15(l)        Amts. Dist. to Investor Certificateholders     53,757.26        16,318.25            70,075.51
-------------------------------------------------------------------------------------------------------------
</TABLE>

Note: Management Fee is to be paid on an annual basis. This month's Fee together
with last month's annualized amount equals the full annual Fee.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}]]