ITEM 1. Business
The Ford Credit Auto Loan Master Trust (the "Trust") was created on February 5, 1992 pursuant to the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement") dated as of December 31, 1991 among Ford Motor Credit Company ("Ford Credit"), as servicer, Ford Credit Auto Receivables Corporation (the "Company"), as seller, and The Chase Manhattan Bank (the "Trustee"), as successor trustee. Pursuant to the Pooling and Servicing Agreement, the Company transferred to the trust property primarily consisting of wholesale receivables generated from time to time in a portfolio of revolving financing arrangements with automobile dealers to finance their automobile and light truck inventory, collections as to the receivables, security interests in the vehicles financed thereby and certain other property. Such property was obtained by the Company pursuant to the Receivables Purchase Agreement dated as of December 31, 1991 between the Company, as purchaser, and Ford Credit, as servicer.
The Company has registered with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and sold to the general public the Series 1992-1, 6 7/8% Auto Loan Asset Backed Certificates (the "Series 1992-1 Certificates") in the initial principal amount of $1,000,000,000, the Series 1992-2, 7 3/8% Auto Loan Asset Backed Certificates (the "Series 1992-2 Certificates") in the initial principal amount of $700,000,000, the Series 1994-1, Floating Rate Auto Loan Asset Backed Certificates (the "1994-1 Certificates") in the initial principal amount of $1,000,000,000, the Series 1995-1, 6.50% Auto Loan Asset Backed Certificates (the "1995-1 Certificates") in the initial principal amount of $1,000,000,000, the Series 1996-1, 5.50% Auto Loan Asset Backed Certificates (the "1996-1 Certificates") in the initial principal amount of $800,000,000 and the Series 1996-2 Variable Rate Auto Loan Asset Backed Certificates (the "1996-2 Certificates") in the initial principal amount of $960,000,000. The Series 1992-1 Certificates, Series 1992-2 Certificates, Series 1994-1 Certificates, the 1995-1 Certificates, the 1996-1 Certificates and the 1996-2 Certificates were created pursuant to the Series 1992-1 Supplement dated as of December 31, 1991 to the Pooling and Servicing Agreement (the "1992-1 Supplement"), the Series 1992-2 Supplement dated as of March 31, 1992 to the Pooling and Servicing Agreement (the "1992-2 Supplement"), the Series 1994-1 Supplement dated as of June 30, 1994 to the Pooling and Servicing Agreement (the "1994-1 Supplement"), the Series 1995-1 Supplement dated as of June 30, 1995 to the Pooling and Servicing Agreement (the "1995-1 Supplement"), the Series 1996-1 Supplement dated as of December 31, 1995 to the Pooling and Servicing Agreement (the "1996-1 Supplement") and the Series 1996-2 Supplement dated as of December 31, 1995 to the Pooling and Servicing Agreement (the "1996-2 Supplement"), respectively.
Each Series of Certificates represents an undivided interest in certain assets of the Trust.
ITEM 2.
ITEM 2. PROPERTIES - -------------------
For information regarding the property of the Trust, see the Pooling and Servicing Agreement, the 1992-1 Supplement, the 1992-2 Supplement, the 1994-1 Supplement, the 1995-1 Supplement, the 1996-1 Supplement, the 1996-2 Supplement and the prospectuses (Exhibits 19.13, 19.14, 19.15, 19.16, 19.17 and 19.18) relating to the Series 1992-1 Certificates, the Series 1992-2 Certificates, the 1994-1 Certificates, the 1995-1 Certificates, the 1996-1 Certificates and the 1996-2 Certificates and incorporated hereby by reference. The Series 1992-1 Certificates were redeemed in January 1997. For additional information regarding the Certificates contained in the Distribution Date Statements furnished to the Trustee on each Distribution Date during 1996, see the Current Reports on Form 8-K incorporated by reference herein (Exhibits 19.1 through 19.12). For additional information, regarding the Certificates, see Exhibit 99.
ITEM 3.
ITEM 3. LEGAL PROCEEDINGS
Nothing to report.
ITEM 4.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
Nothing to report.
PART II.
ITEM 5.
ITEM 5. MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER MATTERS
There were 61 Series 1992-2 Certificateholders, 29 Series 1994-1 Certificateholders, 77 Series 1995-1 Certificateholders, 61 Series 1996-1 Certificateholders and 14 Series 1996-2 Certificateholders at March 4, 1997. There is no established public trading market for any of the Certificates.
ITEM 9.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.
Nothing to report.
PART III.
ITEM 12.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
(3)Amount and nature of (2) Name and Address beneficial (1)Title of of beneficial ownership (4)Percent Class owner* (in thousands) of Class --------- ---------------- -------------- --------
Series 1992-2 Bank of New York $ 86,900 12.4% 7 3/8% Auto Loan 925 Patterson Plank Rd. Asset Backed Secaucus, NJ 07094 Certificates
Series 1992-2, Bankers Trust Company $101,175 14.4% 7 3/8% Auto Loan c/o BT Services Asset Backed Tennessee Inc. Certificates Pension Trust Services 648 Grassmere Park Drive Nashville, TN 37211
Series 1992-2, The Chase Manhattan $235,925 33.7% 7 3/8% Auto Loan Bank Asset Backed 2 Chase Manhattan Plaza Certificates 5th Floor New York, NY 10081
Series 1992-2 SSB-Custodian $ 84,060 12.0% 7 3/8% Auto Loan Global Proxy Unit, A5NW Asset Backed P. O. Box 1631 Certificates Boston, MA 02105-1631
ITEM 12. (CONTINUED)
(3)Amount and nature of (2) Name and Address beneficial (1)Title of of beneficial ownership (4)Percent Class owner* (in thousands) of Class --------- ---------------- -------------- -------- Series 1994-1 Bank of New York $ 66,140 6.6% Floating Rate 1 Chase Manhattan Plaza Auto Loan 3B-Proxy Dept. Asset Backed New York, NY 10081 Certificates
Series 1994-1 Chase Manhattan Bank $ 93,915 9.4% Floating Rate 2 Chase Manhattan Plaza Auto Loan 5th Floor Asset Backed New York, NY 10081 Certificates
Series 1994-1 Citicorp Services, Inc. $238,260 23.8% Floating Rate P. O. Box 30576 Auto Loan Tampa, FL 33630-3576 Asset Backed Certificates
Series 1994-1 Northern Trust Company $ 91,105 9.1% Floating Rate 801 S. Canal C-In Auto Loan Chicago, IL 60607 Asset Backed Certificates
Series 1994-1 SSB-Custodian $451.175 45.1% Floating Rate Global Proxy Unit, A5NW Auto Loan P. O. Box 1631 Asset Backed Boston, MA 02105-1631 Certificates
Series 1995-1 Bank of New York $ 87,965 8.8% 6.50% Auto Loan 925 Patterson Plank Rd. Asset Backed Secaucus, NJ 07094 Certificates
Series 1995-1 Bankers Trust Company $ 87,475 8.7% 6.50% Auto Loan c/o BT Services Asset Backed Tennessee Inc. Certificates Pension Trust Services 648 Grassmere Park Drive Nashville, TN 37211
ITEM 12. (CONTINUED)
(3)Amount and nature of (2) Name and Address beneficial (1)Title of of beneficial ownership (4)Percent Class owner* (in thousands) of Class --------- ---------------- -------------- -------- Series 1995-1 Boston Safe Deposit $ 63,760 6.4% 6.50% Auto Loan & Trust Co. Asset Backed c/o Mellon Bank N.A. Certificates Three Mellon Bank Center Pittsburgh, PA 15259
Series 1995-1 Bank of Toyko-Mitsubishi $110,000 11.0% 6.50% Auto Loan Trust Company (The) Asset Backed c/o The Bank of Tokyo Certificates Trust Co. 100 Broadway New York, NY 10005
Series 1995-1 Chase Manhattan Bank, $176,945 17.7% 6.50% Auto Loan Two Chase Manhattan Plaza Asset Backed 5th Floor Certificates New York, NY 10081
Series 1995-1 Corstates Bank N.A. $ 50,940 5.1% 6.50% Auto Loan P.O.Box 7618 F.C.#1-9-1-21 Asset Backed Philadelphia, PA 19106-7618 Certificates
ITEM 12. (CONTINUED)
(3)Amount and nature of (2) Name and Address beneficial (1)Title of of beneficial ownership (4)Percent Class owner* (in thousands) of Class --------- ---------------- -------------- -------- Series 1995-1 Northern Trust Co. $ 52,115 5.2% 6.50% Auto Loan -Trust Asset Backed c/o ADP Proxy Services Certificates 51 Mercedes Way Edgewood, NY 11717
Series 1995-1 SSB-Custodian $140,885 14.1% 6.50% Auto Loan Global Proxy Unit, A5NW Asset Backed P.O.Box 1631 Certificates Boston, MA 02105-1631
Series 1996-1 Bank of New York $ 46,250 5.2% 5.50% Auto Loan 925 Patterson Plank Rd. Asset Backed Secaucus, NJ 07094 Certificates
Series 1996-1 Bankers Trust Company $ 66,850 8.3% 5.50% Auto Loan c/o BT Services Asset Backed Tennessee, Inc. Certificates Custody Services 648 Grassmere Park Road Nashville, TN 37211
Series 1996-1 Bank One Trust Company $101,000 12.6% 5.50% Auto Loan N.A./Public Employee Asset Backed Retirement System Certificates 277 E. Town Street Columbus, OH 43215
Series 1996-1 Boston Safe Deposit & $ 49,635 6.2% 5.50% Auto Loan Trust Co. Asset Backed c/o Mellon Bank N.A. Certificates Three Mellon Bank Center Room 153-3015 Pittsburgh, PA 15259
Series 1996-1 Chase Manhattan Bank $ 40,550 5.1% 5.50% Auto Loan Two Chase Manhattan Plaza Asset Backed 5th Floor Certificates New York, NY 10081
ITEM 12. (CONTINUED)
(3)Amount and nature of (2) Name and Address beneficial (1)Title of of beneficial ownership (4)Percent Class owner* (in thousands) of Class --------- ---------------- -------------- -------- Series 1996-1 Prudential Securities Inc.$117,110 14.6% 5.50% Auto Loan 111 8th Avenue, 4th Floor Asset Backed New York, NY 10011 Certificates
Series 1996-1 SSB-Custodian $ 98,075 12.2% 5.50% Auto Loan Global Proxy Unit, A5NW Asset Backed P.O.Box 1631 Certificates Boston, MA 02105-1631
Series 1996-2 Bankers Trust Company $289,500 30.1% Variable Auto c/o BT Services Loan Asset Tennessee, Inc. Backed Custody Services Certificates 648 Grassmere Park Road Nashville, TN 37211
Series 1996-2 Chase Manhattan Bank/ $ 55,400 5.8% Variable Auto Chemical Loan Asset Auto Settlement Department Backed 4 New York Plaza, 4th Floor Certificates New York, NY 10004
Series 1996-2 Citicorp Services, Inc. $206,000 21.4% Variable Auto P. O. Box 30576 Loan Asset Tampa, FL 33607 Backed Certificates
Series 1996-2 SSB-Custodian $314,870 32.8% Variable Auto Global Proxy Unit, A5NW Loan Asset P.O.Box 1631 Backed Boston, MA 02105-1631 Certificates
* As of March 4, 1997
ITEM 13.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Nothing to report.
PART IV.
ITEM 14.
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K
(a)3. Exhibits
Designation Description Method of Filing - ----------- ----------- ----------------
Exhibit 3.1 Restated Certificate of Filed as Exhibit 3.1 to Incorporation of Ford Ford Credit Auto Credit Auto Receivables Receivables Corporation's Corporation. Registration Statement on Form S-1 (No. 33-44432) and incorporated herein by reference.
Exhibit 3.2 By-Laws of Ford Credit Filed as Exhibit 3.2 to Auto Receivables Ford Credit Auto Corporation. Receivables Corporation's Registration Statement on Form S-1 (No. 33-44432) and incorporated herein by reference.
Exhibit 4.1 Conformed copy of Pooling Filed as Exhibit 4.1 to and Servicing Agreement Ford Credit Auto dated as of December 31, Receivables Corporation's 1991 among Ford Credit Registration Statement on Auto Receivables Form S-1 (No. 33-47582) Corporation, as seller, and incorporated herein Ford Motor Credit Company by reference. as servicer, and Chemical Bank, as trustee.
Exhibit 4.2 Conformed copy of Series Filed as Exhibit 4.2 to 1992-1 Supplement dated Ford Credit Auto Loan as of December 31, 1991 Master Trust Current to the Pooling and Report on Form 8-K dated Servicing Agreement February 7, 1992 and referenced in Exhibit and incorporated herein 4.1 above among Ford by reference. Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
ITEM 14. (Continued)
Designation Description Method of Filing - ----------- ----------- -----------------
Exhibit 4.3 Conformed copy of Series Filed as Exhibit 4.2 to 1992-2 Supplement dated Ford Credit Auto Loan as of March 31, 1993 to Master Trust Current Pooling and Servicing Report on Form 8-K dated Agreement referred to in May 15, 1992 and Exhibit 4.1 above among incorporated herein by Ford Credit Auto reference. Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.4 Form of Series Filed as Exhibit 4.2 to 1994-1 Supplement dated Registration Statement No. as of June 30, 1994 33-54673 on Form S-3 and to Pooling and Servicing incorporated herein by Agreement referred to in reference. Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.5 Form of Series Filed as Exhibit 4.2 to 1995-1 Supplement dated Registration Statement as of June 30, 1995 No. 33-61033 on Form S-3 to Pooling and Servicing and incorporated herein by Agreement referred to in reference. Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.6 Form of Series Filed as Exhibit 4.2 to 1996-1 Supplement dated Registration Statement as of December 31, 1995 No. 333-00243 on Form S-3 to Pooling and Servicing and incorporated herein by Agreement referred to in reference. Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
ITEM 14. (Continued)
Designation Description Method of Filing - ----------- ----------- -----------------
Exhibit 4.7 Form of Series Filed as Exhibit 4.2 to 1996-2 Supplement dated Registration Statement as of December 31, 1995 No. 333-00243 on Form S-3 to Pooling and Servicing and incorporated herein by Agreement referred to in reference. Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 19.1 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended January 31, 1996. Master Trust Current Report on Form 8-K dated February 13, 1996 and incorporated herein by reference.
Exhibit 19.2 Distribution Date Statement Filed as Exhibit 19 to for Collection Period ended Ford Credit Auto Loan February 29, 1996. Master Trust Current Report on Form 8-K dated March 13, 1996 and incorporated herein by reference.
Exhibit 19.3 Distribution Date Statement Filed as Exhibit 19 to for Collection Period ended Ford Credit Auto Loan March 31, 1996. Master Trust Current Report on Form 8-K dated April 16, 1996 and incorporated herein by reference.
Exhibit 19.4 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended April 30, 1996. Master Trust Current Report on Form 8-K dated May 24, 1996 and incorporated herein by reference.
ITEM 14. (Continued)
Designation Description Method of Filing - ----------- ----------- -----------------
Exhibit 19.5 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended May 31, 1996. Master Trust Current Report on Form 8-K dated June 11, 1996 and incorporated herein by reference.
Exhibit 19.6 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended June 30, 1996. Master Trust Current Report on Form 8-K dated July 11, 1996 and incorporated herein by reference.
Exhibit 19.7 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended July 31, 1996 Master Trust Current Report on Form 8-K dated August 12, 1996 and incorporated herein by reference.
Exhibit 19.8 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended August 31, 1996. Master Trust Current Report on Form 8-K dated September 9, 1996 and incorporated herein by reference.
Exhibit 19.9 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended September 30, 1996. Master Trust Current Report on Form 8-K dated October 14, 1996 and incorporated herein by reference. Exhibit 19.10 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended October 31, 1996. Master Trust Current Report on Form 8-K dated November 13, 1996 and incorporated herein by reference.
ITEM 14. (Continued)
Designation Description Method of Filing - ----------- ----------- -----------------
Exhibit 19.11 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended November 30, 1996. Master Trust Current Report on Form 8-K dated December 9, 1996 and incorporated herein by reference.
Exhibit 19.12 Distribution Date Statement Filed as Exhibit 19 to for Collection Period Ford Credit Auto Loan ended December 31, 1996. Master Trust Current Report on Form 8-K dated January 15, 1997 and incorporated herein by reference.
Exhibit 19.13 Prospectus dated January Filed as Exhibit 28.1 30, 1992 relating to to Ford Credit Auto Series 1992-1 Master Trust Current Certificates. Report on Form 8-K dated February 7, 1992 and incorporated herein by reference.
Exhibit 19.14 Prospectus dated May Filed as Exhibit 28.1 to 11, 1992 relating to Ford Credit Auto Loan Series 1992-2 Master Trust Current. Certificates. Report on Form 8-K dated May 15, 1992 and incorporated herein by reference.
Exhibit 19.15 Prospectus dated July Filed with the Commission 26, 1994 relating to pursuant to Rule 424(b)(1) on Series 1994-1 July 27, 1994 and Certificates. incorporated herein by reference.
Exhibit 19.16 Prospectus dated August 1, Filed with the Commission 1995 relating to Series pursuant to Rule 424(b)(1) 1995-1 Certificates on August 3, 1995 and incorporated herein by reference.
ITEM 14. (Continued)
Designation Description Method of Filing - ----------- ----------- ----------------- Exhibit 19.17 Prospectus dated February Filed with the Commission 12, 1996 relating to pursuant to Rule 424(b)(1) Series 1996-1 Certificates on February 14, 1996 and incorporated herein by reference.
Exhibit 19.18 Prospectus dated February Filed with the Commission 12, 1996 relating to pursuant to Rule 424(b)(1) Series 1996-2 Certificates on February 14, 1996 and incorporated herein by reference.
Exhibit 99.1 Selected Information Filed with this report. relating to the Series 1992-1 Certificates, the the Series 1992-2 Certificates, the Series 1994-1 Certificates and the 1995-1 Certificates.
(b) Reports on Form 8-K
Date of Report Item
October 14, 1996 Item 5 - Other Events November 13, 1996 Item 5 - Other Events December 9, 1996 Item 5 - Other Events January 15, 1997 Item 5 - Other Events
SIGNATURES
Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Ford Credit Auto Loan Master Trust (Registrant)
March 25, 1997 By: /s/ Richard P. Conrad ------------------------ Richard P. Conrad (Assistant Secretary of Ford Credit Auto Receivables Corporation, originator of Trust)
EXHIBIT INDEX
Exhibit Number Description of Exhibit Page - -------- ---------------------- ----
Exhibit 3.1 Restated Certificate of * Incorporation of Ford Credit Auto Receivables Corporation.
Exhibit 3.2 By-Laws of Ford Credit Auto * Receivables Corporation.
Exhibit 4.1 Conformed copy of Pooling and * Servicing Agreement dated as of December 31, 1991 among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.2 Conformed copy of Series * 1992-1 Supplement dated as of December 31, 1991 to the Pooling and Servicing Agreement referenced in Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.3 Conformed copy of Series * 1992-2 Supplement dated as of March 31, 1993 to the Pooling and Servicing Agreement referred to in Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.4 Form of Series 1994-1 * Supplement to the Pooling and Servicing Agreement referred to in Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
EXHIBIT INDEX
Exhibit Number Description of Exhibit Page - -------- ---------------------- ---- Exhibit 4.5 Form of Series 1995-1 * Supplement to the Pooling and Servicing Agreement referred to in Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.6 Form of Series 1996-1 * Supplement to the Pooling and Servicing Agreement referred to in Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 4.7 Form of Series 1996-2 * Supplement to the Pooling and Servicing Agreement referred to in Exhibit 4.1 above among Ford Credit Auto Receivables Corporation, as seller, Ford Motor Credit Company, as servicer, and Chemical Bank, as trustee.
Exhibit 19.1 Distribution Date Statement * for Collection Period ended January 31, 1996.
Exhibit 19.2 Distribution Date Statement * for Collection Period ended February 29, 1996.
Exhibit 19.3 Distribution Date Statement * for Collection Period ended March 31, 1996.
Exhibit 19.4 Distribution Date Statement * for Collection Period ended April 30, 1996.
EXHIBIT INDEX
Exhibit Number Description of Exhibit Page - -------- ---------------------- ---- Exhibit 19.5 Distribution Date Statement * for Collection Period ended May 31, 1996.
Exhibit 19.6 Distribution Date Statement * for Collection Period ended June 30, 1996.
Exhibit 19.7 Distribution Date Statement * for Collection Period ended July 31, 1996.
Exhibit 19.8 Distribution Date Statement * for Collection Period ended August 31, 1996.
Exhibit 19.9 Distribution Date Statement * for Collection Period ended September 30, 1996.
Exhibit 19.10 Distribution Date Statement * for Collection Period ended October 31, 1996.
Exhibit 19.11 Distribution Date Statement * for Collection Period ended November 30, 1996.
Exhibit 19.12 Distribution Date Statement * for Collection Period ended December 31, 1996.
EXHIBIT INDEX
Exhibit Number Description of Exhibit Page - -------- ---------------------- ---- Exhibit 19.13 Prospectus dated January 30, * 1992 relating to Series 1992-1 Certificates.
Exhibit 19.14 Prospectus dated May 11, 1992 * relating to Series 1992-2 Certificates.
Exhibit 19.15 Prospectus dated July 26, 1994 * relating to Series 1994-1 Certificates.
Exhibit 19.16 Prospectus dated August 1, 1995 * relating to Series 1995-1 Certificates.
Exhibit 19.17 Prospectus dated February 12, * 1996 relating to Series 1996-1 Certificates.
Exhibit 19.18 Prospectus dated February 12 * 1996 relating to Series 1996-2 Certificates.
Exhibit 99 Selected Information relating Filed with this Report. to the Series 1992-1 Certificates, the Series 1992-2 Certificates, the Series 1994-1 Certificates, the 1995-1 Certificates, the 1996-1 Certificates and the 1996-2 Certificates.
_____________________ * Previously Filed