-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Rb/AZzDiVBToCorpQDSto9G+v0lhCg0KMJRjsCfHQXeZy6u47uThIGAS7NsyLpPS jKwiqOgy8P1lbd4+M/NgfQ== 0001145443-05-000285.txt : 20050224 0001145443-05-000285.hdr.sgml : 20050224 20050224121357 ACCESSION NUMBER: 0001145443-05-000285 CONFORMED SUBMISSION TYPE: N-CSR PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050224 DATE AS OF CHANGE: 20050224 EFFECTIVENESS DATE: 20050224 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLLEGE & UNIVERSITY FACILITY LOAN TRUST ONE CENTRAL INDEX KEY: 0000820300 IRS NUMBER: 046575372 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: N-CSR SEC ACT: 1940 Act SEC FILE NUMBER: 811-05291 FILM NUMBER: 05636483 BUSINESS ADDRESS: STREET 1: C/O US BANK STREET 2: CORP TRUST DEPT ONE FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6176036406 MAIL ADDRESS: STREET 1: C/O US BANK STREET 2: CORPORATE TRUST DEPT ONE FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02110 N-CSR 1 d16257ncr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number: 811-05291 College and University Facility Loan Trust One ---------------------------------------------- (Exact name of registrant as specified in charter) c/o U.S. Bank One Federal Street Boston, MA 02110 ---------------------------------------------- (Address of principal executive offices) (Zip code) Diana J. Kenneally U.S. Bank Corporate Trust Services One Federal Street Boston, MA 02110 ---------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (617) 603-6406 Date of fiscal year end: November 30 Date of reporting period: December 1, 2003 - November 30, 2004 ITEM 1. REPORT TO STOCKHOLDERS. COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE FINANCIAL STATEMENTS NOVEMBER 30, 2004 INDEPENDENT AUDITORS' REPORT To U.S. Bank, Owner Trustee of College and University Facility Loan Trust One: We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of College and University Facility Loan Trust One (the Trust) as of November 30, 2004, the related statements of operations and cash flows for the year then ended, the statement of changes in net assets for each of the two years in the period then ended, and the financial highlights for each of the three years in the period then ended. These financial statements and financial highlights are the responsibility of the Trust's management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. The financial highlights of the Trust for each of the two years in the period ended November 30, 2001 were audited by other auditors who have ceased operations and whose report, dated January 4, 2002, expressed an unqualified opinion on those financial highlights. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Trust's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of November 30, 2004, by correspondence with the custodian. We believe that our audits provide a reasonable basis for our opinion. As described in Note 2 to the financial statements, the Trust is accounting for its investments under the amortized cost method of accounting, adjusted by an allowance for loan loss. In our opinion, accounting principles generally accepted in the United States of America require that the investments be accounted for under the fair value method of accounting. Accounting for the investments under the fair value method of accounting, based on management's estimate of fair value as described in Note 8, would result in an increase of approximately $12,126,000 and $16,307,000 in the recorded value of the investments and an increase in unrealized appreciation of investments of approximately $12,126,000 and $16,307,000 as of November 30, 2004 and November 30, 2003, respectively. In our opinion, except for the effect on the 2004 and 2003 financial statements of accounting for investments under the amortized cost method of accounting as discussed in the preceding paragraph, such financial statements and financial highlights present fairly, in all material respects, the financial position of the Trust as of November 30, 2004, the results of its operations and its cash flows for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the three years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. /s/ Deloitte & Touche LLP Boston, Massachusetts January 28, 2005 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE STATEMENT OF ASSETS AND LIABILITIES
November 30, 2004 - ------------------------------------------------------------------------------------- ASSETS: INVESTMENTS, at amortized cost, net of allowance for loan losses of $860,000 (Notes 1, 2, 6, 7, 8 and 9, and Schedule of Investments) $ 41,414,562 CASH 8,543 INTEREST RECEIVABLE 643,660 DEFERRED BOND ISSUANCE COSTS (Note 2) 286,981 ------------ Total assets 42,353,746 ------------ LIABILITIES: BONDS PAYABLE (Notes 3 and 8) 28,732,530 INTEREST PAYABLE (Note 3) 1,515,641 ACCRUED EXPENSES AND OTHER LIABILITIES 312,739 DISTRIBUTIONS PAYABLE TO CLASS B CERTIFICATEHOLDERS (Note 5) 890,465 ------------ Total liabilities 31,451,375 ------------ NET ASSETS: CLASS B CERTIFICATES, par value $1 - authorized, issued and outstanding - 1,001,643 certificates (Note 5) 1,001,643 DISTRIBUTIONS IN EXCESS OF TAX EARNINGS (Notes 2 and 5) (860,000) ADDITIONAL PAID-IN CAPITAL (Note 2) 10,760,728 ------------ Total net assets $ 10,902,371 ============ Net asset value per Class B certificate (based on 1,001,643 certificates outstanding) $ 10.88 ============
The accompanying notes are an integral part of these financial statements. 3 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE STATEMENT OF OPERATIONS
Year ended November 30, 2004 - -------------------------------------------------------------------- INVESTMENT INCOME: Interest income (Note 2) $5,768,998 ---------- EXPENSES: Interest expense (Notes 2 and 3) 3,192,299 Servicer fees (Note 4) 32,181 Trustee fees (Note 4) 42,843 Other trust and bond administration expenses 416,867 ---------- Total expenses 3,684,190 ---------- Net investment income 2,084,808 REDUCTION IN RESERVE FOR LOAN LOSSES (Note 6) 100,000 ---------- NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS $2,184,808 ==========
The accompanying notes are an integral part of these financial statements. 4 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE STATEMENT OF CASH FLOWS
Year ended November 30, 2004 - -------------------------------------------------------------------------- CASH FLOWS FROM OPERATING ACTIVITIES: Interest received $ 2,226,407 Interest paid (3,363,156) Operating expenses paid (510,093) ----------- Net cash used in operating activities (1,646,842) ----------- CASH FLOWS FROM INVESTING ACTIVITIES: Net decrease in funds held under investment agreements (468,594) Principal payments on Loans 8,984,562 ----------- Net cash provided by investing activities 8,515,968 ----------- CASH FLOWS FROM FINANCING ACTIVITIES: Principal repayments on Bonds (4,397,190) Distributions to Class B certificateholders (2,350,663) Advanced funds repaid to Servicer (286,461) ----------- Net cash used in financing activities (7,034,314) ----------- NET DECREASE IN CASH (165,188) CASH, beginning of year 173,731 ----------- CASH, end of year $ 8,543 =========== RECONCILIATION OF NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS TO NET CASH USED FOR OPERATING ACTIVITIES: Net increase in net assets resulting from operations $ 2,184,808 Provision for loan losses (100,000) Decrease in interest receivable 21,580 Decrease in accrued expenses and other liabilities (18,202) Decrease in Bond interest payable (231,952) Amortization of deferred Bond issuance costs 61,095 Amortization of purchase discount on Loans (3,564,171) ----------- Net cash used in operating activities $(1,646,842) ===========
The accompanying notes are an integral part of these financial statements. 5 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE STATEMENT OF CHANGES IN NET ASSETS (NOTE 2(f))
Years ended November 30, 2004 2003 - --------------------------------------------------------------------------------------- FROM OPERATIONS: Net investment income $ 2,084,808 $ 1,299,460 Reduction in reserve for loan losses 100,000 - ------------ ------------ Net increase in net assets applicable to Class B certificateholders resulting from operations 2,184,808 1,299,460 CAPITAL CERTIFICATE TRANSACTIONS: Distributions to Class B certificateholders (Note 5) (2,184,832) (1,275,917) ------------ ------------ NET INCREASE (DECREASE) IN NET ASSETS (24) 23,543 NET ASSETS: Beginning of year 10,902,395 10,878,852 ------------ ------------ End of year $ 10,902,371 $ 10,902,395 ============ ============
The accompanying notes are an integral part of these financial statements. 6 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE FINANCIAL HIGHLIGHTS (NOTES 1 AND 5)
Years ended November 30, 2004 2003 2002 2001 2000 - -------------------------------------------------------------------------------------------------------------------------------- NET ASSET VALUE, beginning of year $ 10.88 $ 10.86 $ 11.11 $ 11.36 $ 11.17 ------------- ------------ ------------ ------------ ------------ NET INVESTMENT INCOME 2.08 1.29 .78 .96 1.09 PROVISION FOR LOAN LOSSES .10 - - .16 - DIVIDENDS TO CLASS A PREFERRED CERTIFICATEHOLDERS: From net investment income - - - - .04 As tax return of capital - - - - (.06) DISTRIBUTIONS TO CLASS B CERTIFICATEHOLDERS (2.18) (1.27) (1.03) (1.37) (.88) ------------- ------------ ------------ ------------ ------------ NET ASSET VALUE, end of year $ 10.88 $ 10.88 $ 10.86 $ 11.11 $ 11.36 ============= ============ ============ ============ ============ TOTAL INVESTMENT RETURN (a) N/A N/A N/A N/A N/A NET ASSETS APPLICABLE TO CLASS A PREFERRED CERTIFICATES, end of year $ - $ - $ - $ - $ - NET ASSETS APPLICABLE TO CLASS B CERTIFICATES, end of year $ 10,902,371 $ 10,902,395 $ 10,878,852 $ 11,132,814 $ 11,379,460 ============= ============ ============ ============ ============ RATIOS AND SUPPLEMENTAL DATA: Ratio of operating expenses to average net assets applicable to Class B certificates 33.79%(B) 37.84%(b) 41.40%(b) 45.48%(b) 50.42%(b) Ratio of net investment income to average net assets applicable to Class B certificates 19.12% 11.93% 7.11% 8.57% 9.71% Number of Class B certificates outstanding, end of year 1,001,643 1,001,643 1,001,643 1,001,643 1,001,643
(a) The Trust's investments are recorded at amortized cost as discussed in Note 2. Accordingly, the financial statements do not reflect the market value of such investments. For this reason, management believes that no meaningful information can be provided regarding "Total Investment Return" and has not included information under that heading. In addition, as the Trust's investments are not traded, management believes that no meaningful information can be provided regarding portfolio turnover. (b) Excluding interest expense, the ratio of operating expenses to average net assets applicable to Class B certificates was 4.51%, 4.22%, 3.64%, 3.63% and 3.44% in 2004, 2003, 2002, 2001 and 2000, respectively. The accompanying notes are an integral part of these financial statements. 7 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS College and University Facility Loan Trust One (the Trust) was formed on September 17, 1987 as a business trust under the laws of the Commonwealth of Massachusetts by a declaration of trust by the Bank of Boston (the Owner Trustee), succeeded by State Street Bank and Trust Company, succeeded by US Bank (successor Owner Trustee), not in its individual capacity but solely as Owner Trustee. The Trust is registered under the Investment Company Act of 1940 (as amended) as a diversified, closed-end, management investment company. The Trust was formed for the sole purpose of raising funds through the issuance and sale of bonds (the Bonds). The Trust commenced operations on September, 1987 (the Closing Date) and issued Bonds in five tranches in the aggregate principal amount of $126,995,000. The Bonds constitute full recourse obligations of the Trust. The collateral securing the Bonds consists primarily of a pool of college and university facility loans (the Loans) to various postsecondary educational institutions and funds held under the indenture (the Indenture) and the investment agreements. The Loans were originated by, or previously assigned to, the United States Department of Education (ED) under the College Housing Loan Program or the Academic Facilities Loan Program. The Loans, which have been assigned to J.P. Morgan Trust Company, National Association, as successor in interest to Bank One Trust Company, NA, formerly The First National Bank of Chicago (the Bond Trustee), are secured by various types of collateral, including mortgages on real estate, general recourse obligations of the borrowers, pledges of securities and pledges of revenues. As of the Closing Date, the Loans had a weighted average stated interest rate of approximately 3.16% and a weighted average remaining term to maturity of approximately 19.4 years. Payments on the Loans are managed by the Bond Trustee in various fund accounts and are invested under investment agreements (see Note 2) as specified in the Indenture. 8 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 1. ORGANIZATION AND BUSINESS (Continued) All payments on the Loans and earnings under the investment agreements and any required transfers from the Expense, Reserve and Liquidity Funds are deposited to the credit of the Revenue Fund held by the Bond Trustee, as defined within, and in accordance with the Indenture. On each bond payment date, amounts on deposit in the Revenue Fund are applied in the following order of priority: to pay amounts due on the Bonds, to pay administrative expenses not previously paid from the Expense Fund, to fund the Expense Fund to the Expense Fund Requirement, to fund the Reserve Fund to the Maximum Reserve Requirement and to fund the Liquidity Fund to the Liquidity Fund Requirement. Any funds remaining in the Revenue Fund on such payment date are paid to the Class B certificateholders, as discussed in Note 5. On the Closing Date, certificates were issued by the Trust to ED as partial payments for the Loans. In December 1989, ED sold, through a private placement, all of its ownership interest in the Trust. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) College and University Facility Loans The Loans were purchased and recorded at a discount below par. Pursuant to a "no-action letter" that the Trust received from the Securities and Exchange Commission, the Loans, included in investments in the accompanying statement of assets and liabilities, are being accounted for under the amortized cost method of accounting. Under this method, the difference between the cost of each Loan to the Trust and the scheduled principal and interest payments is amortized, assuming no prepayments of principal, and included in the Trust's income by applying the Loan's effective interest rate to the amortized cost of that Loan. When a Loan prepays, the remaining discount is recognized as interest income. The remaining balance of the purchase discount on the Loans as of November 30, 2004 was approximately $15,076,000. As a result of prepayments of Loans in the year ended November 30, 2004, additional interest income of approximately $1,039,000 was recognized. 9 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) (a) College and University Facility Loans (Continued) The Trust's policy is to discontinue the accrual of interest on Loans for which payment of principal or interest is 180 days or more past due or for other such Loans if management believes the collection of interest and principal is doubtful. When a Loan is placed on nonaccrual status, all previously accrued but uncollected interest is reversed against the current period's interest income. Subsequently, interest income is generally recognized when received. Payments are generally applied to interest first, with the balance, if any, applied to principal. At November 30, 2004, one Loan has been placed on nonaccrual status, as discussed in Note 6. Prior to the loan modification discussed in Note 9, interest payments received on this loan were recorded as a reduction of the investment's amortized cost basis given the unlikelihood of collection of principal. Subsequent to the loan modification, if the loan is not delinquent in the payment of principal or interest, the Trust will recognize interest income on this loan. Accounting principles generally accepted in the United States of America (GAAP), requires that the Loans be accounted for under the fair value method of accounting. However, management believes that the amortized cost method of accounting best serves the informational needs of the users of the Trust's financial statements. (b) Other Investments Other investments, which are included in investments in the accompanying statement of assets and liabilities, consist of two unsecured investment agreements issued by the Federal National Mortgage Association bearing fixed rates of interest of 5% and 8%. These investments are carried at amortized cost. These investment agreements terminate on the earlier of December 1, 2014 or the date on which the Bonds are paid-in-full. GAAP requires that the investments be accounted for under the fair value method of accounting. However, management believes that the amortized cost method of accounting best serves the informational needs of the users of the Trust's financial statements. 10 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) (c) Federal Income Taxes It is the Trust's policy to comply with the requirements applicable to a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended, and to distribute substantially all of its investment company taxable income to its certificateholders each year. Accordingly, no federal or state income tax provision is required. For tax purposes, the Loans were transferred to the Trust at their face values. Accordingly, the accretion of the purchase discount creates a permanent book-tax difference. (d) Deferred Bond Issuance Costs Deferred bond issuance costs are being amortized using the effective interest-rate method, assuming that all mandatory semiannual payments will be made on the term bonds as discussed in Note 3. (e) Accounting for Impairment of a Loan and Allowance for Loan Losses The allowance for loan losses is based on the Trust's evaluation of the level of the allowance required to reflect the risks in the loan portfolio, based on circumstances and conditions known or anticipated at each reporting date. The methodology for assessing the appropriateness of the allowance consists of a review of the following three key elements: (1) a valuation allowance for loans identified as impaired, (2) a formula-based general allowance for the various loan portfolio classifications, and (3) an unallocated allowance. A loan is impaired when, based on current information and events, it is probable that the Trust will be unable to collect all amounts due in accordance with the contractual terms of the loan agreement. Loans identified as impaired are further evaluated to determine the estimated extent of impairment. 11 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) (e) Accounting for Impairment of a Loan and Allowance for Loan Losses (Continued) The formula-based general allowance is derived primarily from a risk-rating model that grades loans based on general characteristics of credit quality and relative risk. As credit quality for individual loans deteriorates, the risk rating and the allowance allocation percentage increases. The sum of these allocations comprise the Trust's formula-based general allowance. In addition to the valuation and formula-based general allowance, there is an unallocated allowance. This element recognizes the estimation risks associated with the valuation and formula-based models. It is further adjusted for qualitative factors including, among others, general economic and business conditions, credit quality trends, and specific industry conditions. There are inherent uncertainties with respect to the final outcome of loans and as such, actual losses may differ from the amounts reflected in the financial statements. (f) Presentation of Capital Distributions Capital distributions are accounted for in accordance with the American Institute of Certified Public Accountants Statement of Position (SOP) 93-2, "Determination, Disclosure and Financial Statement Presentation of Income, Capital Gain and Return of Capital Distributions by Investment Companies." SOP 93-2 requires the Trust to report distributions that are in excess of tax-basis earnings and profits as a tax return of capital and to present the capital accounts on a basis that approximates the amounts that are available for future distributions on a tax basis. In accordance with SOP 93-2, the Trust reclassifies certain amounts from distributions in excess of tax earnings to paid-in-capital. The total reclassification was $100,024 as of November 30, 2004. This reclassification has no impact on the net investment income or net assets of the Trust. 12 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) (f) Presentation of Capital Distributions (Continued) The reclassifications are a result of permanent differences between GAAP and tax accounting for such items as net operating losses and the accretion of purchase discount on the Loans. Additionally, the amount deducted for the allowance for loan losses is not currently deductible for tax purposes and creates a temporary deficit reflected as distributions in excess of tax earnings in the accompanying statement of assets and liabilities. On December 1, 2003 and June 1, 2004, distributions of $1.05 and $1.29 per certificate were declared and paid to certificateholders of record on November 20, 2003 and May 20, 2004, respectively. The tax character of distributions paid during the year ended November 30, 2004 were as follows: Distributions paid from: Ordinary income $ - Long-term capital gain - Return of capital 2,350,663 --------------- Total distributions $ 2,350,663 ===============
As of November 30, 2004, the components of distributable earnings on a tax basis were as follows: Undistributed ordinary loss $ (860,000) Undistributed long-term gain - Unrealized appreciation - --------------- $ (860,000) ===============
The undistributed ordinary loss consists of allowance for loan losses of $860,000 which will reverse in future years causing a reduction in taxable ordinary income. 13 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) (g) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires us to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements and for the period then ended. On an on-going basis, the Trust evaluates the estimates used, including those related to the allowance for loan losses. The Trust bases its estimates on historical experience, current conditions and various other assumptions that the Trust believes to be reasonable under the circumstances. These estimates form the basis for making judgments about the carrying values of assets and liabilities and are not readily apparent from other sources. These estimates are used to assist the Trust in the identification and assessment of the accounting treatment necessary with respect to commitments and contingencies. Actual results may differ from these estimates under different assumptions or conditions. The allowance for loan losses is a critical accounting policy that requires estimates and assumptions to be made in the preparation of the Trust's financial statements. The allowance for loan losses is based on the Trust's evaluation of the level of the allowance required in relation to the estimated loss exposure in the loan portfolio. The allowance for loan losses is a significant estimate and is therefore regularly evaluated for adequacy by taking into consideration factors such as prior loan loss experience, the character and size of the loan portfolio, business and economic conditions and the Trust's estimation of future losses. The use of different estimates or assumptions could produce different provisions for loan losses. See Note 2(e) for a detailed description of the Trust's estimation process and methodology related to the allowance for loan losses. 14 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 3. BONDS The Bonds outstanding at November 30, 2004 consist of the following:
Principal Interest Stated Amount Type Rate Maturity (000's) - --------------------------------------------------------- Term 10.55% December 1, 2014 $ 28,733
The Bonds are being redeemed, in part, on a pro rata basis by application of mandatory semiannual payments. The redemption price is equal to 100% of the principal amount to be redeemed plus interest accrued to the redemption date. Interest on the Bonds is payable semiannually. On December 1, 2004, the Trust made the mandatory redemption of $2,328,383 on the Bonds. The aggregate scheduled maturities of the Bonds, including the scheduled mandatory redemptions at November 30, 2004, are as follows:
Amount Fiscal Year (000's) - --------------------------------------------------- 2005 $ 4,091 2006 3,457 2007 3,218 2008 2,785 2009 2,794 Thereafter 12,388 --------- Total $ 28,733 =========
The Bonds are not subject to optional redemption by either the Trust or the bondholders. In the event the Trust realizes negative cash flows, various reserve funds have been established and maintained such that, on or before such bond payment date, such funds may be used by the Bond Trustee to make any required payments on the Bonds and to pay operating expenses of the Trust. 15 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 3. BONDS (Continued) As required by the Indenture, the scheduled future cash flows for Loans in Default are excluded from the calculation of the Reserve Fund requirement. The impact of excluding Loans in Default from the calculation increases the Reserve Fund requirement. The cash flows from the December 1, 2004 Bond Payment Date were sufficient to satisfy the maximum reserve fund requirement of $8,367,981, as required by the Indenture. 4. ADMINISTRATIVE AGREEMENTS (a) Servicer As compensation for the services provided under the servicing agreement, GMAC Commercial Mortgage receives a servicing fee. This fee is earned on each date of payment for each Loan and is equal to 0.055 of 1% of the outstanding principal balance of such Loan divided by the number of payments of principal and interest in a calendar year. For the year ended November 30, 2004, this fee totaled $26,531. GMAC Commercial Mortgage is reimbursed by the Trust for out-of-pocket expenses incurred in connection with the inspection of buildings and property used as collateral for the loans. For the year ended November 30, 2004, out-of-pocket expenses totaled $5,650. (b) Trustees As compensation for services provided, the Owner and Bond Trustees are entitled under the Declaration of Trust and the Indenture to receive the following fees: - - The Owner Trustee, in its capacities as manager of the Trust and as Owner Trustee, earned fees of $15,658 and $14,093, respectively, for the year ended November 30, 2004. In addition, the Owner Trustee incurred $1,646 of out-of-pocket expenses. - - The Bond Trustee is entitled to an annual fee equal to 0.025 of 1% of the aggregate outstanding principal of the Bonds on the bond payment date immediately preceding the date of payment of such fee. The Bond Trustee is also reimbursed for out-of-pocket expenses in an amount not to exceed 4% of the applicable annual fee. In addition, the Bond Trustee is reimbursed for other agreed-upon related expenses. For the year ended November 30, 2004, total Bond Trustee fees and out-of-pocket expenses amounted to $11,446. 16 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 5. CERTIFICATES Holders of each of the Class B certificates receive amounts paid to the Owner Trustee pursuant to the Declaration of Trust on a pro rata basis. On December 2, 2004, a distribution of $890,465 was made to the Class B certificateholders. This payment is reflected as a liability in the accompanying statement of assets and liabilities. While the Bonds are outstanding, distributions to the Class B certificateholders are made on the second business day in each June and December (the Distribution Date) and, after the Bonds are paid in full, on the first business day of each month. The certificateholders shall each be entitled to one vote per certificate. 6. ALLOWANCE FOR LOAN LOSSES An analysis of the allowance for loan losses for the year ended November 30, 2004 is summarized as follows: Balance, beginning of year $ 960,000 Reduction in reserve for loan losses 100,000 Charge-offs - ---------- Balance, end of year $ 860,000 ==========
At November 30, 2004, there was one Loan in Default, with an unpaid principal balance of approximately $2,400,000. The recorded investment in that loan, approximately $459,000 with a related allowance for loan loss of $321,000, is considered to be impaired (See Note 9). The average recorded investment in the impaired loan during the year ended November 30, 2004 was approximately $473,000. See Note 2(e) for a discussion of the Trust's impaired loan accounting policy. 17 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 7. LOANS Scheduled principal and interest payments on the Loans as of November 30, 2004, excluding payments for Loans in Default, as defined in the Indenture, are as follows:
Principal Interest Payments Payments Total Fiscal year (000's) (000's) (000's) - ---------------------------------------------------------------------------------- 2005 $ 4,623 $ 1,159 $ 5,782 2006 3,858 1,017 4,875 2007 3,520 898 4,418 2008 3,419 790 4,209 2009 3,403 684 4,087 Thereafter 19,882 2,563 22,445 -------------- ------------ -------------- Total $ 38,705 $ 7,111 $ 45,816 ============== ============ ==============
Expected payments may differ from contractual payments because borrowers may prepay or default on their obligations. Accordingly, actual principal and interest payments on the Loans may vary significantly from the scheduled payments. 18 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 7. LOANS (Continued) The following analysis summarizes the stratification of the Loan portfolio by type of collateral and institution as of November 30, 2004:
Amortized Number Cost Type of Collateral of Loans (000's) % - --------------------------------------------------------------------------- Loans secured by a first mortgage 55 $ 14,156 54.4% Loans not secured by a first mortgage 35 11,873 45.6 -------- -------------- ----- Total Loans 90 $ 26,029 100.0% ======== ============== =====
Amortized Number Cost Type of Institution of Loans (000's) % - --------------------------------------------------------------------------- Private 56 $ 13,100 50.3% Public 34 12,929 49.7 -------- -------------- ----- Total Loans 90 $ 26,029 100.0% ======== ============== =====
The ability of a borrower to meet future debt service payments on a Loan will depend on a number of factors relevant to the financial condition of such borrower, including, among others, the size and diversity of the borrower's sources of revenues; enrollment trends; reputation; management expertise; the availability and restrictions on the use of endowments and other funds; the quality and maintenance costs of the borrower's facilities and, in the case of some Loans to public institutions which are obligations of a state, the financial condition of the relevant state or other governmental entity and its policies with respect to education. The ability of a borrower to maintain enrollment levels will depend on such factors as tuition costs, geographical location, geographic diversity, quality of the student body, quality of the faculty and diversity of program offerings. 19 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 7. LOANS (Continued) The collateral for Loans that are secured by a mortgage on real estate generally consists of special purpose facilities, such as dormitories, dining halls and gymnasiums, which are integral components of the overall educational setting. As a result, in the event of borrower default on a Loan, the Trust's ability to realize the outstanding balance of the Loan through the sale of the underlying collateral may be negatively impacted by the special purpose nature and location of such collateral. 8. FAIR VALUE OF FINANCIAL INSTRUMENTS Statement of Financial Accounting Standards No. 107, "Disclosures about Fair Value of Financial Instruments," allows for the use of a wide range of valuation techniques; therefore, it may be difficult to compare the Trust's fair value information to public market information or to other fair value information. Accordingly, the fair value information presented below does not purport to represent, and should not be construed to represent, the underlying market value of the Trust's net assets or the amounts that would result from the sale or settlement of the related financial instruments. Further, as the assumptions inherent in fair value estimates change, the fair value estimates will change. Current market prices are not available for most of the Trust's financial instruments since an active market generally does not exist for such instruments. In accordance with the terms of the Indenture, the Trust is required to hold all of the Loans to maturity and to use the cash flows therefrom to retire the Bonds. Accordingly, the Trust has estimated the fair values of its financial instruments using a discounted cash flow methodology. This methodology is similar to the approach used at the formation of the Trust to determine the carrying amounts of these instruments for financial reporting purposes. In applying the methodology, the calculations have been adjusted for the change in the relevant market rates of interest, the estimated duration of the instruments and an internally developed credit risk rating of the instruments. All calculations are based on the scheduled principal and interest payments on the Loans because the prepayment rate on these Loans is not subject to estimate. 20 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 8. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) The estimated fair value of each category of the Trust's financial instruments and the related book value presented in the accompanying statement of assets and liabilities as of November 30, 2004 are as follows:
Amortized Cost Fair Value (000's) (000's) - ------------------------------------------------------- Loans $ 25,169* $ 35,531 Investment Agreements: Revenue Fund 13,645 14,516 Liquidity Fund 2,600 3,493 -------- -------- $ 41,414 $ 53,540 ======== ======== Bonds $ 28,733 $ 35,623 ======== ========
*Net of allowance for loan losses of $860,000. 9. LOAN MODIFICATION AGREEMENT Previously, the Trust entered into a loan restructuring agreement with a single post secondary educational institution (the "School"), the terms of which require interest only payments and suspension of the principal and reserve payment obligations under the School's original loan agreement. The restructuring agreement, dated December 27, 1994, granted the School temporary relief from debt service requirements for a five-year period. Subsequently, the School petitioned for and was granted a three-year extension to the restructuring agreement, which expired in February 2002. As a result of past due principal payments, the Trust deemed the School's loan to be in default and placed the loan on non-accrual status, as discussed in Note 2 (a). Furthermore, the Trust considered the loan to be impaired, as discussed in Note 2 (e), and a percentage of the recorded investment of the loan was included in the Trust's general allowance for loan loss, as discussed in Note 6. During the period of the restructuring agreement, the Trust did not recognize income on interest received from this loan. 21 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE NOTES TO FINANCIAL STATEMENTS 9. LOAN MODIFICATION AGREEMENT (Continued) Recently, the Trust entered into a loan modification/extension agreement with the School. The following is a summary of the modified terms: 1. Includes an option to extend the original maturity date of the loan a further 5 years subject to certain conditions; 2. Requires monthly principal and interest payments instead of semiannual payments based upon a 3.5% interest rate (previously 3%) and a 20-year amortization schedule; 3. Requires monthly payment of $1,500 for repair and replacement reserve; 4. Requires payment of $450,000 as a principal pay-down; 5. Requires payment of a $50,000 deposit into a replacement reserve. During the year ended November 30, 2004, the Trust's loan servicer, GMAC Commercial Mortgage, received and transferred to the Trust a $450,000 principal payment from the School pursuant to the loan modification. As a result of this payment, the Trust has reduced the unpaid principal balance on the School's loan by $450,000 and has recognized $450,000 in interest income, to reflect unrecognized interest income which had previously been adjusted against the investment's amortized cost. In addition, the Trust received approximately $106,000 of additional payments from the school which included interest payments of approximately $64,000, pursuant to the initial interest only restructuring agreement, and payments of approximately $21,000 in principal and $21,000 in interest pursuant to the new loan modification. As a result of these loan payments, the Trust has recognized approximately $106,000 of interest income. The Trust still considers the loan to be impaired and a percentage of the investment in the loan is included in the Trust's general allowance for loan loss, as discussed in Note 6. The servicer has also received and transferred to the Trust approximately $95,000 in payments from the School. The Trust has accounted for these payments as a liability associated with the loan modification, as the payments will be remitted back to the servicer. These payments include repair and replacement reserves and restructuring fees. 22 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE SCHEDULE OF INVESTMENTS November 30, 2004 (Dollar Amounts in Thousands) (continued)
Internal Outstanding Stated Rate of Amortized Principal Interest Maturity Return % (B) Cost (Notes Balance Description Rate % Date (Unaudited) 1 and 2) - ----------- ---------------------------------------------- -------- ---------- ------------ ----------- COLLEGE AND UNIVERSITY LOANS (60.8%) ---------- ALABAMA -------- $ 48 Birmingham-Southern College 3.00 10/01/2006 12.48 $ 43 236 Birmingham-Southern College 3.00 10/01/2010 12.47 175 10 Stillman College 3.00 02/01/2007 13.24 9 1,486 University of Alabama 3.00 05/01/2021 12.27 812 207 University of Montevallo 3.00 05/01/2023 12.30 106 ---------- CALIFORNIA -------- 603 Azusa Pacific University 3.00 04/01/2017 12.96 355 1,320 California State University 3.00 11/01/2012 10.57 974 40 Foothill College 3.00 10/01/2006 11.76 35 230 Monterey Peninsula College 3.00 10/01/2018 11.95 134 320 San Diego State University 3.00 11/01/2021 11.93 171 670 San Francisco State University 3.00 11/01/2021 11.93 359 28 Scripps College 3.00 10/01/2005 12.51 25 ---------- FLORIDA -------- 90 Florida Atlantic University 3.00 07/01/2006 11.85 78 17 Florida Institute of Technology 3.00 02/01/2006 13.17 15 113 University of Florida 3.00 01/01/2005 12.51 107 1,450 University of South Florida 3.00 07/01/2013 11.97 975 ---------- HAWAII -------- 270 University of Hawaii at Manoa 3.00 10/01/2006 11.76 238 ---------- ILLINOIS -------- 410 Concordia College 3.00 05/01/2011 12.64 303 ---------- INDIANA -------- 150 Anderson College 3.00 03/01/2010 13.02 115 340 Taylor University 3.00 10/01/2010 12.45 252 1,350 University of Notre Dame 3.00 04/01/2018 12.95 769 ---------- IOWA -------- 730 Drake University 3.00 10/01/2012 12.71 510 ---------- KANSAS -------- 210 Emporia State University 3.00 04/01/2009 12.33 171 42 Kansas Newman College 3.00 04/01/2006 13.10 38 ---------- LOUISIANA -------- 175 Grambling State University 3.00-3.75 10/01/2005 11.70 160 420 Xavier University 3.00 10/01/2017 12.54 240 ---------- MARYLAND -------- 980 Western Maryland College 3.00 11/01/2016 12.44 590
The accompanying notes are an integral part of this schedule. 23 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE SCHEDULE OF INVESTMENTS November 30, 2004 (Dollar Amounts in Thousands) (continued)
Internal Outstanding Stated Rate of Amortized Principal Interest Maturity Return % (B) Cost (Notes Balance Description Rate % Date (Unaudited) 1 and 2) - ----------- ---------------------------------------------- -------- ---------- ------------ ----------- ---------- MASSACHUSETTS -------- $ 172 Atlantic Union College 3.00 05/01/2023 12.68 $ 85 737 Boston University 3.00 12/31/2022 11.87 385 269 Dean Junior College 3.00 04/01/2016 12.96 168 51 Hampshire College 3.00 11/01/2006 12.43 47 98 Springfield College 3.00 05/01/2011 12.59 72 ---------- MICHIGAN -------- 950 Albion College 3.00 10/01/2015 12.51 587 290 Alma College 3.00 04/01/2010 11.87 227 2,421 Finlandia University (A) 3.00 08/01/2014 12.70 459 580 Michigan State University 3.00 05/01/2020 10.96 347 ---------- MINNESOTA -------- 1,020 Augsburg College 3.00 04/01/2016 12.95 620 445 College of St. Thomas 3.00 04/01/2017 12.95 263 ---------- MISSISSIPPI -------- 150 Jackson State University 3.00 01/01/2007 12.50 130 40 Mississippi Valley State 3.00 07/01/2008 11.89 32 103 Tougaloo College 3.00 06/01/2021 12.44 53 ---------- MISSOURI -------- 273 Missouri Southern State College 3.00 12/01/2008 10.56 226 133 Missouri Western State College 3.00 10/01/2008 11.77 108 190 Southeast Missouri State 3.50 04/01/2005 12.32 181 ---------- NEBRASKA -------- 92 University of Nebraska 3.00 07/01/2013 10.59 66 ---------- NEW HAMPSHIRE -------- 260 Daniel Webster College 3.00 04/01/2019 12.99 144 258 New England College 3.625 10/01/2013 12.37 179 795 New England College 3.00 04/01/2019 12.96 441 463 Rivier College 3.625 04/01/2014 12.78 315 ---------- NEW JERSEY -------- 91 Fairleigh Dickinson University 3.00 11/01/2020 12.09 51 180 Montclair State College 3.00 07/01/2008 11.32 147 ---------- NEW YORK -------- 135 Alfred University 3.00 11/01/2007 12.41 113 454 Long Island University 3.00 06/01/2016 12.34 274 103 Long Island University 3.75 10/01/2005 12.42 94 913 Sarah Lawrence College 3.00 11/01/2021 12.64 484
The accompanying notes are an integral part of this schedule. 24 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE SCHEDULE OF INVESTMENTS November 30, 2004 (Dollar Amounts in Thousands) (continued)
Internal Outstanding Stated Rate of Amortized Principal Interest Maturity Return % (B) Cost (Notes Balance Description Rate % Date (Unaudited) 1 and 2) - ----------- ---------------------------------------------- --------- ---------- ------------ ----------- ---------- NORTH CAROLINA -------- $ 85 Montreat-Anderson College 3.00 12/01/2019 12.19 $ 47 275 North Carolina State University 3.00 09/01/2006 8.02 254 1,075 University of North Carolina 3.00 01/01/2018 11.49 659 ---------- OHIO -------- 1,435 Case Western Reserve University 3.00 04/01/2016 10.54 972 650 Kent State University 3.00 12/01/2008 10.55 541 81 Riverside Hospital 3.00 04/01/2007 13.09 71 186 University of Steubenville 3.375 04/01/2012 12.88 133 250 University of Steubenville 3.00 04/01/2017 12.96 147 ---------- PENNSYLVANIA -------- 457 Carnegie - Mellon University 3.00 11/01/2017 10.45 300 500 Harcum Junior College 3.00 11/01/2015 12.44 311 310 Haverford College 3.625 11/01/2013 12.29 221 40 Susquehanna University 3.00 11/01/2006 12.44 35 285 Susquehanna University 3.625 11/01/2014 12.32 190 95 Swarthmore College 3.00 11/01/2013 12.30 63 328 Temple University 3.375 11/01/2014 11.99 224 ---------- RHODE ISLAND -------- 296 Community College of Rhode Island 3.00 04/01/2018 12.10 177 ---------- SOUTH CAROLINA -------- 23 Benedict College 3.00 11/01/2006 12.42 20 715 College of Charleston 3.00 07/01/2016 12.02 440 624 Morris College 3.00 11/01/2013 12.42 415 ---------- SOUTH DAKOTA -------- 14 Black Hills State College 3.00 10/01/2005 11.76 13 34 Black Hills State College 3.00 10/01/2007 11.77 29 ---------- TENNESSEE -------- 103 Bryan College 3.00 02/01/2010 12.68 78 154 Vanderbilt University 3.00 08/01/2005 10.69 142 368 Vanderbilt University 3.00 06/30/2009 10.39 302 ---------- TEXAS -------- 438 Jarvis Christian College 3.00 04/01/2019 12.96 244 123 Laredo Junior College 3.00 08/01/2009 11.82 96 136 St. Edward's University 3.625 04/01/2013 12.80 95 105 Texas College 3.00 04/01/2007 13.09 91 473 Texas Tech University 3.625 03/01/2013 10.80 353 3,145 Texas Tech University 3.375-3.50 03/01/2012 10.83 2,409
The accompanying notes are an integral part of this schedule. 25 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE SCHEDULE OF INVESTMENTS November 30, 2004 (Dollar Amounts in Thousands) (continued)
Internal Outstanding Stated Rate of Amortized Principal Interest Maturity Return % (B) Cost (Notes Balance Description Rate % Date (Unaudited) 1 and 2) - ----------- ---------------------------------------------- -------- ---------- ------------ ----------- ---------- VERMONT -------- $ 970 Middlebury College 3.00 04/01/2018 12.87 $ 588 80 St. Michael's College 3.00 04/01/2008 13.06 69 2,212 University of Vermont 3.00 10/01/2019 12.19 1,251 ---------- VIRGINIA -------- 1,390 Old Dominion University 3.00 06/01/2013 11.70 941 ---------- WASHINGTON -------- 60 Western Washington University 3.00 10/01/2007 11.16 51 - -------- -------- 41,126 Total College and University Loans 26,029 - -------- Allowance for Loan Losses 860 -------- Net Loans of the Trust 25,169 (C) -------- INVESTMENT AGREEMENTS (39.2%) 2,600 FNMA #787 Liquidity Fund 8.00 12/01/2014 8.00 2,600 13,645 FNMA #786 Revenue Fund 5.00 12/01/2014 5.00 13,645 - -------- -------- 16,245 Total Investment Agreements 16,245 - -------- -------- 57,371 Total Investments (100.0%) $ 41,414 ======== ========
(A) This institution has been placed on nonaccrual status as more fully described in Notes 2(e) and 6. (B) Represents the rate of return based on the contributed cost and the amortization to maturity. (C) The tax basis in the Loans is approximately $26,029 The accompanying notes are an integral part of this schedule. 26 ITEM 2. CODE OF ETHICS Not applicable to the registrant. ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT Not applicable to the registrant. ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES (a) Audit Fees billed to the registrant for the two most recent fiscal years: Fiscal year ended 2004 - $179,000 Fiscal year ended 2003 - $179,000 (b) Audit-Related Fees billed to the registrant for the two most recent fiscal years: Fiscal year ended 2004 - $0 Fiscal year ended 2003 - $0 (c) Tax Fees billed to the registrant for the two most recent fiscal years: Fiscal year ended 2004 - $0 Fiscal year ended 2003 - $0 (d) All Other Fees billed to the registrant for the two most recent fiscal years: Fiscal year ended 2004 - $89,700 -$70,000 in connection with Accountants' Reports on Applying Agreed-Upon Procedures as required by the Trust's Indenture. -$15,000 in connection with Accountants' Report on Applying Agreed-Upon Procedures relating to the Trust's Servicing Agreement. -$4,700 out-of-pocket expenses Fiscal year ended 2003 - $91,700 -$70,000 in connection with Accountants' Reports on Applying Agreed-Upon Procedures as required by the Trust's Indenture. -$15,000 in connection with Accountants' Report on Applying Agreed-Upon Procedures relating to the Trust's Servicing Agreement. -$6,700 out-of-pocket expenses (e) (1) Audit Committee Policies regarding Pre-approval of Services. Not applicable to the registrant. (2) Percentage of services identified in items 4(b) through 4(d) that were approved by the registrants audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X: Not applicable to the registrant. (f) Not applicable to the registrant. (g) Not applicable to the registrant. (h) Not applicable to the registrant. ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS Not applicable to the registrant. ITEM 6. SCHEDULE OF INVESTMENTS Schedule is included as part of the report to shareholders filed under Item 1. ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES Not applicable to the registrant. ITEM 8. PORTFOLIO MANAGER OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES Not applicable to the registrant. ITEM 9. PURCHASE OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS Not applicable to the registrant. ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS Not applicable to the registrant. ITEM 11. CONTROLS AND PROCEDURES (a) Not applicable to the registrant. (b) Not applicable to the registrant. ITEM 12. EXHIBITS The following exhibits are attached to this Form N-CSR: (a) (1) Code of ethics or amendments: not applicable to the registrant. (2) Certification by the registrant's Owner Trustee, as required by Rule 30a-2(a) under the Investment Company Act of 1940, is attached. (3) Annual Compliance Statement of the Servicer, GMAC Commercial Mortgage Corporation, is attached. (4) Attestation Report of Independent Accountants, PricewaterhouseCoopers, LLP, is attached. (5) GMAC reports pursuant to section 1301, 1302, 1303, 1304, 1306 and 1307 of the servicer agreement. (b) Certification by the registrant's Owner Trustee, as required by Rule 30a-2(b) under the Investment Company Act of 1940, is attached. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) College and University Facility Loan Trust One By (Signature and Title) /s/ Diana J. Kenneally Assistant Vice President ------------------------------------------------------- Date February 18, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title) /s/ Diana J. Kenneally Assistant Vice President ------------------------------------------------------- Date February 18, 2005 EX-99.2 2 ex99_2.txt Exhibit 99.2 Certification I, Bryan Calder of the owner trustee, certify that: 1. I have reviewed this report on Form N-CSR of College and University Facility Loan Trust One; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in the report, fairly present in all material respects the financial condition, results of operation, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in the report; 4. Based on my knowledge, the distribution or servicing information required to be provided to the trustee by the servicer under the pooling and servicing, or similar agreement, for inclusion in this report is included in this report; 5. Based on my knowledge and upon the annual compliance statement included in the report and required to be delivered to the trustee in accordance with the terms of the pooling and servicing, or similar, agreement, and except as disclosed in this report, the servicer has fulfilled its obligations under the servicing agreement; and 6. The report discloses all significant deficiencies relating to the servicer's compliance with the minimum servicing standards based upon the report provided by an independent public accountant, after conducting a review in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar procedure, as set forth in the pooling and servicing, or similar, agreement, that is included in this report. In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties: GMAC Commercial Mortgage Corporation and J.P. Morgan Trust Company National Association. Date: February 18, 2005 /s/ Bryan Calder -------------------------- Bryan Calder Executive Vice President EX-99.3T1 3 t1ex99_3.txt [GMAC COMMERCIAL MORTGAGE LOGO] Annual Certification by Officer For the Year Ended December 31, 2004 UNITED STATES DEPARTMENT OF EDUCATION COLLEGE AND UNIVERSITY FACILITY LOAN TRUST ONE Pursuant to Section 206 and 207 of the Servicing Agreement, I attest that: i. A review of the activities of GMAC Commercial Mortgage Corporation as Servicer during the period under this Servicing Agreement has been made under my supervision, and, to the best of my knowledge, based on such review, GMAC Commercial Mortgage Corporation as Servicer, has fulfilled in all material respects, all of its duties, responsibilities, or obligations under this Servicing Agreement throughout the period. ii. I confirm that GMAC Commercial Mortgage Corporation as Servicer is in compliance with the requirements of Section 202. GMAC COMMERCIAL MORTGAGE CORPORATION /s/ Brian T. Stauffer By: Brian T. Stauffer Title: Senior Vice President Date: February 20, 2005 ..2G 200 Witmer Road - P.O. Box 1015 - Horsham, PA 19044-8015 EX-99.4 4 t1ex99_4.txt GMAC COMMERCIAL MORTGAGE CORPORATION REPORT ON COMPLIANCE WITH MINIMUM SERVICING STANDARDS DECEMBER 31, 2003 [PRICEWATERHOUSECOOPERS LOGO] PRICEWATERHOUSECOOPERS LLP 1177 Avenue of the Americas New York NY 10036 Telephone (646) 471 4000 Facsimile (646) 471 4100 REPORT OF INDEPENDENT ACCOUNTANTS To the Board of Directors and Shareholder of GMAC Commercial Mortgage Corporation: We have examined management's assertion, dated February 23, 2004, about GMAC Commercial Mortgage Corporation's (the "Company's") compliance with its established minimum servicing policy ("Servicing Policy"), which management derived from the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers ("USAP"), as of and for the year ended December 31, 2003 included in the accompanying management assertion (see Exhibit I). Management is responsible for the Company's compliance with the Servicing Policy. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Company's compliance with the Servicing Policy and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with its Servicing Policy. In our opinion, management's assertion that, except for instances of noncompliance, the Company complied with the aforementioned Servicing Policy as of and for the year ended December 31, 2003, is fairly stated, in all material respects. /s/ PricewaterhouseCoopers LLP February 23, 2004 GMAC Commercial Mortgage 200 Witmer Road Horsham, PA 19044 Tel. 215-328-4622 EXHIBIT I Fax 215-328-1316 MANAGEMENT'S ASSERTION CONCERNING COMPLIANCE WITH COMPANY SERVICING POLICY February 23, 2004 As of and for the year ended December 31, 2003, GMAC Commercial Mortgage Corporation (the "Company") has complied in all material respects with the minimum servicing standards set forth in the Company's Servicing Policy (attached in Exhibit II), which were derived by management from the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers, except that with respect to the requirement to maintain borrower funds in appropriate custodial accounts in trust for investors in accordance with applicable servicing agreement requirements, the Company did not in 2003 timely transfer reserve account balances for 550 Company originated loans. Such reserve account balances, which totaled $85 million at September 30, 2003, were recorded and reconciled at a loan-level. In the fourth quarter of 2003, the reserve funds were transferred to appropriate custodial bank accounts and existing mitigating and detective controls were enhanced so that, consistent with Company policy, upon loan sale all escrow funds, including reserve funds, are timely transferred to appropriate custodial bank accounts as required in applicable servicing agreements. As of December 31, 2003, the Company was covered by various General Motors Corporation insurance policies providing for $125 million of fidelity bond insurance and $100 million of errors and omissions insurance. /s/ Robert D. Feller - ----------------------------------------------------- Robert D. Feller Chief Executive Officer /s/ Michael I. Lipson - ----------------------------------------------------- Michael I. Lipson Executive Vice President Global Servicing /s/ Wayne D. Hoch - ----------------------------------------------------- Wayne D. Hoch Executive Vice President and Chief Financial Officer EXHIBIT II GMAC COMMERCIAL MORTGAGE CORPORATION MINIMUM SERVICING POLICY I. CUSTODIAL BANK ACCOUNTS 1. Reconciliations shall be prepared on a monthly basis for all custodial bank accounts and related bank clearing accounts. These reconciliations shall: - be mathematically accurate; - be prepared within forty-five (45) calendar days after the cutoff date; - be reviewed and approved by someone other than the person who prepared the reconciliation; and - document explanations for reconciling items. These reconciling items shall be resolved within ninety (90) calendar days of identification. 2. Funds of the servicing entity shall be advanced as specified in the servicing agreement in cases where there is an overdraft in an investor's or a mortgagor's account and an advance is specified in the Investor's Servicing Agreement. 3. All cash for each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor or in an investment account in accordance with the applicable servicing agreement requirements. 4. Escrow funds held in trust for a mortgagor shall be returned to the mortgagor within thirty (30) calendar days of payoff of the mortgage loan. II. MORTGAGE PAYMENTS 1. Mortgage payments which are properly identified with the Company's account number and which agree to the total amount of the scheduled payment due shall be deposited into the clearing bank accounts and related custodial bank accounts within two business days of receipt. Any mortgage payments which do not meet these parameters will be researched and deposited into the appropriate bank accounts within five business days of receipt. EXHIBIT II 2. Mortgage payments made in accordance with the mortgagor's loan documents shall be posted to the applicable mortgagor records within two business days of receipt. 3. Mortgage payments shall be allocated to principal, interest, insurance, taxes or other escrow items in accordance with the mortgagor's loan documents. 4. Mortgage payments identified as loan payoffs shall be allocated in accordance with the mortgagor's loan documents. III. DISBURSEMENTS 1. Disbursements made via wire transfer on behalf of a mortgagor or investor shall be made only by authorized personnel. 2. Disbursements made on behalf of a mortgagor or investor shall be posted within two business days to the mortgagor's or investor's records maintained by the servicing entity. 3. Tax and insurance payments for those loans that are escrowed shall be made on or before the penalty or insurance policy expirations date, as indicated on tax bills and insurance premium notices, respectively, provided that such support has been received by the servicing entity at least thirty (30) calendar days prior to these dates, and the mortgagor has agreed with the amounts due. 4. Any late payment penalties paid in conjunction with the payment of any tax bill or insurance premium notice shall be paid from the servicing entity's funds and not charged to the mortgagor, unless the late payment was due to the mortgagor's error or omission. 5. Amounts remitted to investors per the servicer's investor reports shall agree with cancelled checks, or other form of payment, or custodial bank statements. 6. Unissued checks shall be safeguarded so as to prevent unauthorized access. IV. INVESTOR ACCOUNTING AND REPORTING 1. Monthly investor reports shall be sent on a monthly basis listing the total unpaid principal balance and number of loans serviced. EXHIBIT II V. MORTGAGOR LOAN ACCOUNTING 1. The servicing entity's mortgage loans shall agree with, or reconcile to, the records of mortgagors with respect to the unpaid principal balance on a monthly basis. 2. Adjustments on ARM loans shall be computed based on the related mortgage note and any ARM rider. 3. Escrow accounts shall be analyzed, in accordance with the mortgagor's loan documents, on at least an annual basis. 4. Interest on escrow accounts, if required by the mortgage documents, shall be paid, or credited, to mortgagors in accordance with the borrower agreements. VI. DELINQUENCIES 1. Records documenting collection efforts shall be maintained during the period a loan is in default and shall be updated at least monthly. Such records shall describe the entity's activities in monitoring delinquent loans including, for example, phone calls, letters and mortgage payment rescheduling plans in cases where the delinquency is deemed temporary. VII. INSURANCE POLICIES 1. A fidelity bond and errors and omissions policy shall be in effect on the servicing entity in the amount of coverage represented to investors in management's assertion. EX-99.5 5 ex-99_5.txt GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR JANUARY 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE - ---------------------------------------------------------------------------------- 1-02-04 1-01-2004 20020803 UNIVERSITY OF FLORIDA 180,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK CREDIT FROM 12/31/2003 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 12/31 SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-05-04 1-01-2004 20001002 APPALACHIAN STATE UNIVERSITY - 1-05-04 1-01-2004 20009101 IOWA STATE UNIV OF SCI & TECH - 1-05-04 1-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA 65,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK CREDIT FROM 01/02 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/02 SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-06-04 1-01-2004 20009201 JACKSON STATE COLLEGE 50,000.00 1-06-04 1-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE - 1-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE - SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK CREDIT FROM 01/05 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/05 SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-07-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 4,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK CREDIT FROM 01/06 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/06 SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-08-04 -- 20002401 BOSTON UNIVERITY - 1-08-04 12-30-2003 20002401 BOSTON UNIVERITY - 1-08-04 -- 20018701 SOUMI COLLEGE - SYSTEM CREDITS - ---------------------------------------------------------------------------------- SYSTEM DEBITS - ---------------------------------------------------------------------------------- BANK CREDIT FROM 01/07 SYSTEM CREDITS ($1,515.00 FOR PARTIAL PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS) - ---------------------------------------------------------------------------------- 1-09-04 1-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY - SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK CREDIT FROM 01/08 SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK DEBIT FROM 01/08 SYSTEM DEBITS (PAYMENT REVERSAL) - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/08 SYSTEM CREDITS LESS $5.00 TO COMPLETE PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS - ---------------------------------------------------------------------------------- 1-12-04 BANK CREDIT FROM 01/09 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/09 SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-14-04 1-01-2004 20003901 COLLEGE OF CHARLESTON - 1-14-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-15-04 BANK CREDIT FROM 01/14 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/14 SYSTEM CREDITS (1274.81 WITHHELD FOR 12/2003 SERVICE FEE) - ---------------------------------------------------------------------------------- 1-16-04 BANK DEBIT FROM 01/15 SYSTEM DEBITS (INCLUDES 12/2003 SERVICE FEE IN THE AMOUNT OF $1274.81 AND 4TH QTR INSURANCE IN THE AMOUNT OF $1520.00) - ---------------------------------------------------------------------------------- 1-23-04 -- 20018701 SOUMI COLLEGE - 1-23-04 5-08-2003 20018701 SOUMI COLLEGE - SYSTEM CREDITS - ---------------------------------------------------------------------------------- SYSTEM DEBITS - ---------------------------------------------------------------------------------- 1-26-04 BANK CREDIT FROM 01/23 SYSTEM CREDITS - ---------------------------------------------------------------------------------- BANK DEBIT FROM 01/23 SYSTEM DEBITS (PAYMENT REVERSAL) - ---------------------------------------------------------------------------------- 1-28-04 1-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B - SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-29-04 BANK CREDIT FROM 01/28 SYSTEM CREDITS - ---------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/28 SYSTEM CREDITS - ---------------------------------------------------------------------------------- 1-30-04 2-01-2004 20010301 LAREDO MUNICIPAL JR. COLLEGE - SYSTEM CREDITS TOTALS: 299,000.00 ============ LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 12-31-04 1-01-2004 20022401 SOUTH FLORIDA - ------------ TOTALS: - ============ LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - ============ GRAND TOTAL: 299,000.00 ============ DATE GMACCM PRINCIPAL PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE BALANCE PAID INTEREST PAID - ---------------------------------------------------------------------------------------------------------------------------------- 1-02-04 1-01-2004 20020803 UNIVERSITY OF FLORIDA 4,395.00 184,395.00 293,000.00 180,000.00 4,395.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 12/31/2003 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 12/31 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-05-04 1-01-2004 20001002 APPALACHIAN STATE UNIVERSITY 2,085.00 2,085.00 139,000.00 - 2,085.00 1-05-04 1-01-2004 20009101 IOWA STATE UNIV OF SCI & TECH 7,500.00 7,500.00 500,000.00 - 7,500.00 1-05-04 1-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA 17,100.00 82,100.00 1,140,000.00 65,000.00 17,100.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/02 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/02 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-06-04 1-01-2004 20009201 JACKSON STATE COLLEGE 3,000.00 53,000.00 200,000.00 50,000.00 3,000.00 1-06-04 1-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE 750.00 750.00 50,000.00 - 749.99 1-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE - - - - 0.01 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/05 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/05 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-07-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 1,515.00 5,515.00 101,000.00 - 1,515.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/06 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/06 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-08-04 -- 20002401 BOSTON UNIVERITY - - - - - 1-08-04 12-30-2003 20002401 BOSTON UNIVERITY - - - 14,618.83 11,508.09 1-08-04 -- 20018701 SOUMI COLLEGE - - - - - SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/07 SYSTEM CREDITS ($1,515.00 FOR PARTIAL PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS) - -------------------------------------------------------------------------------------------------------------------------------- 1-09-04 1-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY 2,025.00 2,025.00 135,000.00 - 2,025.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/08 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 01/08 SYSTEM DEBITS (PAYMENT REVERSAL) - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/08 SYSTEM CREDITS LESS $5.00 TO COMPLETE PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS - -------------------------------------------------------------------------------------------------------------------------------- 1-12-04 BANK CREDIT FROM 01/09 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/09 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-14-04 1-01-2004 20003901 COLLEGE OF CHARLESTON 11,550.00 11,550.00 770,000.00 - 11,550.00 1-14-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - - - 4,000.00 - SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-15-04 BANK CREDIT FROM 01/14 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/14 SYSTEM CREDITS (1274.81 WITHHELD FOR 12/2003 SERVICE FEE) - -------------------------------------------------------------------------------------------------------------------------------- 1-16-04 BANK DEBIT FROM 01/15 SYSTEM DEBITS (INCLUDES 12/2003 SERVICE FEE IN THE AMOUNT OF $1274.81 AND 4TH QTR INSURANCE IN THE AMOUNT OF $1520.00) - -------------------------------------------------------------------------------------------------------------------------------- 1-23-04 -- 20018701 SOUMI COLLEGE - - - - - 1-23-04 5-08-2003 20018701 SOUMI COLLEGE - - - - 21,577.37 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - -------------------------------------------------------------------------------------------------------------------------------- 1-26-04 BANK CREDIT FROM 01/23 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 01/23 SYSTEM DEBITS (PAYMENT REVERSAL) - -------------------------------------------------------------------------------------------------------------------------------- 1-28-04 1-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3,330.00 3,330.00 222,000.00 - 3,330.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-29-04 BANK CREDIT FROM 01/28 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/28 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 1-30-04 2-01-2004 20010301 LAREDO MUNICIPAL JR. COLLEGE - - - - 2,175.00 SYSTEM CREDITS TOTALS: 53,250.00 352,250.00 3,550,000.00 313,618.83 88,510.46 =========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 12-31-04 1-01-2004 20022401 SOUTH FLORIDA 23,850.00 23,850.00 1,590,000.00 ------------------------------------ TOTALS: 23,850.00 23,850.00 1,590,000.00 ==================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - - - ==================================== GRAND TOTAL: 77,100.00 376,100.00 5,140,000.00 ==================================== DATE GMACCM NET SYSTEM TOTAL BANK FIRST CHICAGO RECEIVED DATE DUE NUMBER BORROWER NAME SUSPENSE TOTAL PAID CREDITS CREDITS WIRES - ---------------------------------------------------------------------------------------------------------------------------------- 1-02-04 1-01-2004 20020803 UNIVERSITY OF FLORIDA - 184,395.00 SYSTEM CREDITS 184,395.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 12/31/2003 SYSTEM CREDITS 49,976.92 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 12/31 SYSTEM CREDITS 49,976.92 - ------------------------------------------------------------------------------------------------------------------------------- 1-05-04 1-01-2004 20001002 APPALACHIAN STATE UNIVERSITY - 2,085.00 1-05-04 1-01-2004 20009101 IOWA STATE UNIV OF SCI & TECH - 7,500.00 1-05-04 1-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA - 82,100.00 SYSTEM CREDITS 91,685.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/02 SYSTEM CREDITS 184,395.00 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/02 SYSTEM CREDITS 184,395.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-06-04 1-01-2004 20009201 JACKSON STATE COLLEGE - 53,000.00 1-06-04 1-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE - 749.99 1-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE - 0.01 SYSTEM CREDITS 53,750.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/05 SYSTEM CREDITS 91,685.00 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/05 SYSTEM CREDITS 91,685.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-07-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - 1,515.00 SYSTEM CREDITS 1,515.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/06 SYSTEM CREDITS 53,750.00 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/06 SYSTEM CREDITS 53,750.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-08-04 -- 20002401 BOSTON UNIVERITY (26,126.92) (26,126.92) 1-08-04 12-30-2003 20002401 BOSTON UNIVERITY - 26,126.92 1-08-04 -- 20018701 SOUMI COLLEGE 21,577.37 21,577.37 SYSTEM CREDITS 47,704.29 - ------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS (26,126.92) - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/07 SYSTEM CREDITS ($1,515.00 FOR PARTIAL PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS) 1,515.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-09-04 1-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY - 2,025.00 SYSTEM CREDITS 2,025.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 01/08 SYSTEM CREDITS 47,704.29 - ------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 01/08 SYSTEM DEBITS (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/08 SYSTEM CREDITS LESS $5.00 TO COMPLETE PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS 21,572.37 - ------------------------------------------------------------------------------------------------------------------------------- 1-12-04 BANK CREDIT FROM 01/09 SYSTEM CREDITS 2,025.00 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/09 SYSTEM CREDITS 2,025.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-14-04 1-01-2004 20003901 COLLEGE OF CHARLESTON - 11,550.00 1-14-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - 4,000.00 SYSTEM CREDITS 15,550.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-15-04 BANK CREDIT FROM 01/14 SYSTEM CREDITS 15,550.00 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/14 SYSTEM CREDITS (1274.81 WITHHELD FOR 12/2003 SERVICE FEE) 14,275.19 - ------------------------------------------------------------------------------------------------------------------------------- 1-16-04 BANK DEBIT FROM 01/15 SYSTEM DEBITS (INCLUDES 12/2003 SERVICE FEE IN THE AMOUNT OF $1274.81 AND 4TH QTR INSURANCE IN THE AMOUNT OF $1520.00) - ------------------------------------------------------------------------------------------------------------------------------- 1-23-04 -- 20018701 SOUMI COLLEGE (21,577.37) (21,577.37) 1-23-04 5-08-2003 20018701 SOUMI COLLEGE - 21,577.37 SYSTEM CREDITS 21,577.37 - ------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS (21,577.37) - ------------------------------------------------------------------------------------------------------------------------------- 1-26-04 BANK CREDIT FROM 01/23 SYSTEM CREDITS 21,577.37 - ------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 01/23 SYSTEM DEBITS (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------- 1-28-04 1-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B - 3,330.00 SYSTEM CREDITS 3,330.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-29-04 BANK CREDIT FROM 01/28 SYSTEM CREDITS 3,330.00 - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/28 SYSTEM CREDITS 3,330.00 - ------------------------------------------------------------------------------------------------------------------------------- 1-30-04 2-01-2004 20010301 LAREDO MUNICIPAL JR. COLLEGE - 2,175.00 SYSTEM CREDITS 2,175.00 TOTALS: (26,126.92) 376,002.37 376,002.37 471,508.58 421,009.48 ========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 12-31-04 1-01-2004 20022401 SOUTH FLORIDA TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL: DATE GMACCM ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME OTHER WIRES - ----------------------------------------------------------------------------------- 1-02-04 1-01-2004 20020803 UNIVERSITY OF FLORIDA SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK CREDIT FROM 12/31/2003 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 12/31 SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-05-04 1-01-2004 20001002 APPALACHIAN STATE UNIVERSITY 1-05-04 1-01-2004 20009101 IOWA STATE UNIV OF SCI & TECH 1-05-04 1-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK CREDIT FROM 01/02 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/02 SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-06-04 1-01-2004 20009201 JACKSON STATE COLLEGE 1-06-04 1-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE 1-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK CREDIT FROM 01/05 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/05 SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-07-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK CREDIT FROM 01/06 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/06 SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-08-04 -- 20002401 BOSTON UNIVERITY 1-08-04 12-30-2003 20002401 BOSTON UNIVERITY 1-08-04 -- 20018701 SOUMI COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------- SYSTEM DEBITS - ----------------------------------------------------------------------------------- BANK CREDIT FROM 01/07 SYSTEM CREDITS ($1,515.00 FOR PARTIAL PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS) - ----------------------------------------------------------------------------------- 1-09-04 1-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK CREDIT FROM 01/08 SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK DEBIT FROM 01/08 SYSTEM DEBITS (PAYMENT REVERSAL) 26,126.92 - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/08 SYSTEM CREDITS LESS $5.00 TO COMPLETE PAYMENT OF 4TH QTR 2003 PROPERTY INSPECTIONS - ----------------------------------------------------------------------------------- 1-12-04 BANK CREDIT FROM 01/09 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/09 SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-14-04 1-01-2004 20003901 COLLEGE OF CHARLESTON 1-14-04 1-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-15-04 BANK CREDIT FROM 01/14 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/14 SYSTEM CREDITS (1274.81 WITHHELD FOR 12/2003 SERVICE FEE) - ----------------------------------------------------------------------------------- 1-16-04 BANK DEBIT FROM 01/15 SYSTEM DEBITS (INCLUDES 12/2003 SERVICE FEE IN THE AMOUNT OF $1274.81 AND 4TH QTR INSURANCE IN THE AMOUNT OF $1520.00) 2,794.81 - ----------------------------------------------------------------------------------- 1-23-04 -- 20018701 SOUMI COLLEGE 1-23-04 5-08-2003 20018701 SOUMI COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------- SYSTEM DEBITS - ----------------------------------------------------------------------------------- 1-26-04 BANK CREDIT FROM 01/23 SYSTEM CREDITS - ----------------------------------------------------------------------------------- BANK DEBIT FROM 01/23 SYSTEM DEBITS (PAYMENT REVERSAL) 21,577.37 - ----------------------------------------------------------------------------------- 1-28-04 1-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-29-04 BANK CREDIT FROM 01/28 SYSTEM CREDITS - ----------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 01/28 SYSTEM CREDITS - ----------------------------------------------------------------------------------- 1-30-04 2-01-2004 20010301 LAREDO MUNICIPAL JR. COLLEGE SYSTEM CREDITS TOTALS: 50,499.10 ============== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 12-31-04 1-01-2004 20022401 SOUTH FLORIDA TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION JANUARY-04 TOTAL SYSTEM CREDITS @ 1/31 376,002.37 ---------- TOTAL BANK CREDITS 471,508.58 ---------- 1/2/2004 FUNDS IN TRANSIT (49,976.92) 1/9/2004 PAYMENT REVERSAL (26,126.92) 1/26/2004 PAYMENT REVERSAL (21,577.37) 1/30/2004 FUNDS IN TRANSIT 2,175.00 ADJUSTED BANK CREDITS: 376,002.37 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION JANUARY-04 TOTAL SYSTEM/BANK CREDITS @ 1/31 376,002.37 ========== TOTAL DEBITS TO TRUSTEE@ 1/31 421,009.48 ========== 1/2/2004 DEPOSIT IN TRANSIT (49,976.92) 1/8/2004 WITHELD FOR 4TH QTR PROPERTY INSPECTIONS 1,515.00 1/9/2004 WITHELD FOR 4TH QTR PROPERTY INSPECTIONS 5.00 1/15/2004 WITHHELD FOR 12/2003 SERVICE FEE 1,274.81 1/31/2003 DEPOSIT IN TRANSIT 2,175.00 ADJUSTED DEBITS TO TRUSTEE 376,002.37 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR FEBRUARY 2004
PRINCIPAL DATE RECEIVED DATE DUE GMACCM NUMBER BORROWER NAME DUE - ------------------------------------------------------------------------------------------- 2-02-04 2-01-2004 20006901 FLORIDA INST OF TECH, INC 9,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 1/30/2004 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 1/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 2-03-04 2-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 8,000.00 2-03-04 2-01-2004 20018601 STILLMAN COLLEGE 4,000.00 2-03-04 2-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS - 2-03-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 2/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 2/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 2-04-04 -- 20018701 SOUMI COLLEGE - 2-04-04 8-08-2003 20018701 SOUMI COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- SYSTEM DEBITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 2/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 2/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 2-05-04 BANK CREDIT FROM 2/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK DEBIT FROM 02/04 SYSTEM DEBITS (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------- 2-20-04 -- 20-01-8701 SOUMI COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 2-23-04 BANK CREDIT FROM 2/20 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 2/20 SYSTEM CREDITS LESS $1,413.52 FOR 1/2004 SERVICE FEE - ------------------------------------------------------------------------------------------- 2-25-04 -- 20018701 SOUMI COLLEGE - BANK DEBI FOR 1/2004 SERVICE FEE WITHHELD FROM 02-23-04 TRUSTEE WIRE - ------------------------------------------------------------------------------------------- 2-26-04 BANK CREDIT REPRESENTING ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------- BANK DEBIT REPRESENTING ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------- TOTALS: 21,000.00 ========= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 1-30-04 2-01-2004 20010301 LAREDO MUN. J - --------- TOTALS: - ========= LOANS DUE IN CURRENT PERIOD NOT YET PAID: 2-08-2004 20018701 SUOMI COLLEGE - TOTALS: - ========= GRAND TOTAL: 21,000.00 ========= INTEREST PRINCIPAL PRINCIPAL DATE RECEIVED DATE DUE GMACCM NUMBER BORROWER NAME DUE TOTAL DUE BALANCE PAID - ------------------------------------------------------------------------------------------------------------------------------ 2-02-04 2-01-2004 20006901 FLORIDA INST OF TECH, INC 390.00 9,390.00 26,000.00 9,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 1/30/2004 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 1/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 2-03-04 2-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 1,785.00 9,785.00 119,000.00 8,000.00 2-03-04 2-01-2004 20018601 STILLMAN COLLEGE 210.00 4,210.00 14,000.00 4,000.00 2-03-04 2-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 4,633.43 4,633.43 308,895.00 0.00 2-03-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS - - - 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 2/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 2/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 2-04-04 -- 20018701 SOUMI COLLEGE - - - - 2-04-04 8-08-2003 20018701 SOUMI COLLEGE - - - - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ SYSTEM DEBITS - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 2/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 2/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 2-05-04 - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 2/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 02/04 SYSTEM DEBITS (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------ 2-20-04 -- 20-01-8701 SOUMI COLLEGE - - - - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 2-23-04 BANK CREDIT FROM 2/20 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 2/20 SYSTEM CREDITS LESS $1,413.52 FOR 1/2004 SERVICE FEE - ------------------------------------------------------------------------------------------------------------------------------ 2-25-04 -- 20018701 SOUMI COLLEGE - - - - BANK DEBI FOR 1/2004 SERVICE FEE WITHHELD FROM 02-23-04 TRUSTEE WIRE - ------------------------------------------------------------------------------------------------------------------------------ 2-26-04 BANK CREDIT REPRESENTING ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------------------------------------------ BANK DEBIT REPRESENTING ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------------------------------------------ TOTALS: 7,018.43 28,018.43 467,895.00 21,000.00 ============================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 1-30-04 2-01-2004 20010301 LAREDO MUN. J 2,175.00 2,175.00 145,000.00 ----------------------------------- TOTALS: 2,175.00 2,175.00 145,000.00 =================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: 2-08-2004 20018701 SUOMI COLLEGE 21,577.37 21,577.37 2,876,983.12 TOTALS: 21,577.37 21,577.37 2,876,983.12 =================================== GRAND TOTAL: 30,770.80 51,770.80 3,489,878.12 =================================== INTEREST NET SYSTEM DATE RECEIVED DATE DUE GMACCM NUMBER BORROWER NAME PAID SUSPENSE TOTAL PAID CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 2-02-04 2-01-2004 20006901 FLORIDA INST OF TECH, INC 390.00 - 9,390.00 SYSTEM CREDITS 9,390.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 1/30/2004 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 1/30 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 2-03-04 2-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 1,785.00 0.00 9,785.00 2-03-04 2-01-2004 20018601 STILLMAN COLLEGE 209.98 0.00 4,209.98 2-03-04 2-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 4,600.51 0.00 4,600.51 2-03-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 49.49 0.00 49.49 SYSTEM CREDITS 18,644.98 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 2/02 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 2/02 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 2-04-04 -- 20018701 SOUMI COLLEGE - (21,577.37) (21,577.37) 2-04-04 8-08-2003 20018701 SOUMI COLLEGE 21,577.37 - 21,577.37 SYSTEM CREDITS 21,577.37 - ----------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS (21,577.37) - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 2/03 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 2/03 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 2-05-04 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 2/04 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 02/04 SYSTEM DEBITS (PAYMENT REVERSAL) 21,577.37 - ----------------------------------------------------------------------------------------------------------------------------------- 2-20-04 -- 20-01-8701 SOUMI COLLEGE - 21,577.37 21,577.37 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 2-23-04 BANK CREDIT FROM 2/20 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 2/20 SYSTEM CREDITS LESS $1,413.52 FOR 1/2004 SERVICE FEE - ----------------------------------------------------------------------------------------------------------------------------------- 2-25-04 -- 20018701 SOUMI COLLEGE - - BANK DEBI FOR 1/2004 SERVICE FEE WITHHELD FROM 02-23-04 TRUSTEE WIRE - ----------------------------------------------------------------------------------------------------------------------------------- 2-26-04 BANK CREDIT REPRESENTING ESCROW 5 DISBURSEMENT - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT REPRESENTING ESCROW 5 DISBURSEMENT - ----------------------------------------------------------------------------------------------------------------------------------- TOTALS: 28,612.35 - 49,612.35 49,612.35 =================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 1-30-04 2-01-2004 20010301 LAREDO MUN. J TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 2-08-2004 20018701 SUOMI COLLEGE TOTALS: GRAND TOTAL: TOTAL BANK FIRST CHICAGO ACH DEBITS AND DATE RECEIVED DATE DUE GMACCM NUMBER BORROWER NAME CREDITS WIRES OTHER WIRES - ------------------------------------------------------------------------------------------------------------------------ 2-02-04 2-01-2004 20006901 FLORIDA INST OF TECH, INC SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 1/30/2004 SYSTEM CREDITS 2,175.00 - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 1/30 SYSTEM CREDITS 2,175.00 - ------------------------------------------------------------------------------------------------------------------------ 2-03-04 2-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 2-03-04 2-01-2004 20018601 STILLMAN COLLEGE 2-03-04 2-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 2-03-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 2/02 SYSTEM CREDITS 9,390.00 - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 2/02 SYSTEM CREDITS 9,390.00 - ------------------------------------------------------------------------------------------------------------------------ 2-04-04 -- 20018701 SOUMI COLLEGE 2-04-04 8-08-2003 20018701 SOUMI COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ SYSTEM DEBITS - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 2/03 SYSTEM CREDITS 18,644.98 - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 2/03 SYSTEM CREDITS 18,644.98 - ------------------------------------------------------------------------------------------------------------------------ 2-05-04 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 2/04 SYSTEM CREDITS 21,577.37 - ------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 02/04 SYSTEM DEBITS (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------ 2-20-04 -- 20-01-8701 SOUMI COLLEGE SYSTEM CREDITS 21,577.37 - ------------------------------------------------------------------------------------------------------------------------ 2-23-04 BANK CREDIT FROM 2/20 SYSTEM CREDITS 21,577.37 - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 2/20 SYSTEM CREDITS LESS $1,413.52 FOR 1/2004 SERVICE FEE 20,163.85 - ------------------------------------------------------------------------------------------------------------------------ 2-25-04 -- 20018701 SOUMI COLLEGE BANK DEBI FOR 1/2004 SERVICE FEE WITHHELD FROM 02-23-04 TRUSTEE WIRE 1,413.52 - ------------------------------------------------------------------------------------------------------------------------ 2-26-04 BANK CREDIT REPRESENTING ESCROW 5 DISBURSEMENT 657.00 - ------------------------------------------------------------------------------------------------------------------------ BANK DEBIT REPRESENTING ESCROW 5 DISBURSEMENT 657.00 - ------------------------------------------------------------------------------------------------------------------------ TOTALS: 74,021.72 50,373.83 23,647.89 ======================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 1-30-04 2-01-2004 20010301 LAREDO MUN. J TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 2-08-2004 20018701 SUOMI COLLEGE TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION FEBRUARY-04 TOTAL SYSTEM CREDITS @ 2/29 49,612.35 ----------- TOTAL BANK CREDITS 74,021.72 ----------- 2/2/2004 FUNDS IN TRANSIT (2,175.00) 2/5/2004 PAYMENT REVERSAL (21,577.37) 2/26/2004 ESCROW 5 DISBURSEMENT (657.00) ADJUSTED BANK CREDITS: 49,612.35 ===========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION FEBRUARY-04 TOTAL SYSTEM/BANK CREDITS @ 2/29 49,612.35 ========== TOTAL DEBITS TO TRUSTEE@ 2/29 50,373.83 ========== 2/2/2004 DEPOSIT IN TRANSIT (2,175.00) 1/8/2004 WITHHELD FOR 1/2004 SERVICE FEE 1,413.52 ADJUSTED DEBITS TO TRUSTEE 49,612.35 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR MARCH 2004
DATE GMACCM PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME DUE - ------------------------------------------------------------------------------------------------------ 3-01-04 3-01-2004 20019502 TEXAS TECH. UNIVERSITY 45,000.00 3-01-04 -- 20019503 TEXAS TECH. UNIVERSITY 331,000.00 3-01-04 3-01-2004 20019504 TEXAS TECH. UNIVERSITY 19,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-02-04 3-01-2004 20000902 ANDERSON COLLEGE 20,000.00 3-02-04 3-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 3/01 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 3/01 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-03-04 BANK CREDIT FROM 3/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 3/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-09-04 -- 20018701 SOUMI COLLEGE - 3-09-04 -- 20018701 SOUMI COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-10-04 BANK CREDIT FROM 3/09 ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 3/09 ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------------------ 3-22-04 4-01-2004 20002201 BLACK HILLS STATE COLLEGE - 3-22-04 4-01-2004 20002202 BLACK HILLS STATE COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-23-04 4-01-2004 20007201 FOOTHILL COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 3/22 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 3/22 SYSTEM CREDITS (LESS 959.73 FOR 2/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------ 3-24-04 BANK CREDIT FROM 3/23 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 3/23 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-25-04 BANK DEBIT FOR 2/2004 SERVICE FEE WITHHELD FROM 03-23-04 TRUSTEE WIRE - ------------------------------------------------------------------------------------------------------ 3-30-04 -- 20018701 SOUMI COLLEGE - 3-30-04 4-01-2004 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ 3-31-04 BANK CREDIT FROM 3/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 3/30 ESCROW DISBURSEMENT - ------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 3/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 3/30 ESCROW DISBURSEMENT - ------------------------------------------------------------------------------------------------------ TOTALS: 415,000.00 ========== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: ---------- TOTALS: - ========== LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - ========== GRAND TOTAL: 415,000.00 ========== DATE GMACCM PRINCIPAL PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE BALANCE PAID - -------------------------------------------------------------------------------------------------------------------------------- 3-01-04 3-01-2004 20019502 TEXAS TECH. UNIVERSITY 9,388.75 54,388.75 518,000.00 45,000.00 3-01-04 -- 20019503 TEXAS TECH. UNIVERSITY 5,792.50 336,792.50 331,000.00 331,000.00 3-01-04 3-01-2004 20019504 TEXAS TECH. UNIVERSITY 53,392.50 72,392.50 3,164,000.00 19,000.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-02-04 3-01-2004 20000902 ANDERSON COLLEGE 2,550.00 22,550.00 170,000.00 20,000.00 3-02-04 3-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY 6,075.00 6,075.00 405,000.00 0.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/01 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/01 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-03-04 BANK CREDIT FROM 3/02 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/02 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-09-04 -- 20018701 SOUMI COLLEGE - - - - 3-09-04 -- 20018701 SOUMI COLLEGE - - - - SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-10-04 BANK CREDIT FROM 3/09 ESCROW 5 DISBURSEMENT - -------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 3/09 ESCROW 5 DISBURSEMENT - -------------------------------------------------------------------------------------------------------------------------------- 3-22-04 4-01-2004 20002201 BLACK HILLS STATE COLLEGE - - - - 3-22-04 4-01-2004 20002202 BLACK HILLS STATE COLLEGE - - - - SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-23-04 4-01-2004 20007201 FOOTHILL COLLEGE - - - - SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/22 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/22 SYSTEM CREDITS (LESS 959.73 FOR 2/2004 SERVICE FEE) - -------------------------------------------------------------------------------------------------------------------------------- 3-24-04 BANK CREDIT FROM 3/23 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/23 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-25-04 BANK DEBIT FOR 2/2004 SERVICE FEE WITHHELD FROM 03-23-04 TRUSTEE WIRE - -------------------------------------------------------------------------------------------------------------------------------- 3-30-04 -- 20018701 SOUMI COLLEGE - - - - 3-30-04 4-01-2004 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 - - - 80,000.00 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- 3-31-04 BANK CREDIT FROM 3/30 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/30 ESCROW DISBURSEMENT - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/30 SYSTEM CREDITS - -------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 3/30 ESCROW DISBURSEMENT - -------------------------------------------------------------------------------------------------------------------------------- TOTALS: 77,198.75 492,198.75 4,588,000.00 495,000.00 ================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: -------------------------------------- TOTALS: - - - ====================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - - - ====================================== GRAND TOTAL: 77,198.75 492,198.75 4,588,000.00 ====================================== DATE GMACCM INTEREST NET SYSTEM RECEIVED DATE DUE NUMBER BORROWER NAME PAID SUSPENSE TOTAL PAID CREDITS - ------------------------------------------------------------------------------------------------------------------------------- 3-01-04 3-01-2004 20019502 TEXAS TECH. UNIVERSITY 9,388.75 - 54,388.75 3-01-04 -- 20019503 TEXAS TECH. UNIVERSITY 5,792.50 - 336,792.50 3-01-04 3-01-2004 20019504 TEXAS TECH. UNIVERSITY 53,392.50 - 72,392.50 SYSTEM CREDITS 463,573.75 - ------------------------------------------------------------------------------------------------------------------------------- 3-02-04 3-01-2004 20000902 ANDERSON COLLEGE 2,550.00 - 22,550.00 3-02-04 3-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY 6,075.00 - 6,075.00 SYSTEM CREDITS 28,625.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/01 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/01 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- 3-03-04 BANK CREDIT FROM 3/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/02 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- 3-09-04 -- 20018701 SOUMI COLLEGE - - - 3-09-04 -- 20018701 SOUMI COLLEGE - - - SYSTEM CREDITS 0.00 - ------------------------------------------------------------------------------------------------------------------------------- 3-10-04 BANK CREDIT FROM 3/09 ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 3/09 ESCROW 5 DISBURSEMENT - ------------------------------------------------------------------------------------------------------------------------------- 3-22-04 4-01-2004 20002201 BLACK HILLS STATE COLLEGE 510.00 - 510.00 3-22-04 4-01-2004 20002202 BLACK HILLS STATE COLLEGE 690.00 - 690.00 SYSTEM CREDITS 1,200.00 - ------------------------------------------------------------------------------------------------------------------------------- 3-23-04 4-01-2004 20007201 FOOTHILL COLLEGE 900.00 - 900.00 SYSTEM CREDITS 900.00 - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/22 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/22 SYSTEM CREDITS (LESS 959.73 FOR 2/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------- 3-24-04 BANK CREDIT FROM 3/23 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/23 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- 3-25-04 BANK DEBIT FOR 2/2004 SERVICE FEE WITHHELD FROM 03-23-04 TRUSTEE WIRE - ------------------------------------------------------------------------------------------------------------------------------- 3-30-04 -- 20018701 SOUMI COLLEGE - - - 3-30-04 4-01-2004 20021701 UNIVERSITY OF NOTRE DAME - BONDS 21,450.00 - 101,450.00 SYSTEM CREDITS 101,450.00 - ------------------------------------------------------------------------------------------------------------------------------- 3-31-04 BANK CREDIT FROM 3/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/30 ESCROW DISBURSEMENT - ------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 3/30 ESCROW DISBURSEMENT - ------------------------------------------------------------------------------------------------------------------------------- TOTALS: 100,748.75 - 595,748.75 595,748.75 ================================================= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL: DATE GMACCM TOTAL BANK FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME CREDITS WIRES OTHER WIRES - ------------------------------------------------------------------------------------------------------------------------------ 3-01-04 3-01-2004 20019502 TEXAS TECH. UNIVERSITY 3-01-04 -- 20019503 TEXAS TECH. UNIVERSITY 3-01-04 3-01-2004 20019504 TEXAS TECH. UNIVERSITY SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 3-02-04 3-01-2004 20000902 ANDERSON COLLEGE 3-02-04 3-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/01 SYSTEM CREDITS 463,573.75 - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/01 SYSTEM CREDITS 463,573.75 - ----------------------------------------------------------------------------------------------------------------------------- 3-03-04 BANK CREDIT FROM 3/02 SYSTEM CREDITS 28,625.00 - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/02 SYSTEM CREDITS 28,625.00 - ----------------------------------------------------------------------------------------------------------------------------- 3-09-04 -- 20018701 SOUMI COLLEGE 3-09-04 -- 20018701 SOUMI COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 3-10-04 BANK CREDIT FROM 3/09 ESCROW 5 DISBURSEMENT 8,301.16 - ----------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 3/09 ESCROW 5 DISBURSEMENT 8,301.16 - ----------------------------------------------------------------------------------------------------------------------------- 3-22-04 4-01-2004 20002201 BLACK HILLS STATE COLLEGE 3-22-04 4-01-2004 20002202 BLACK HILLS STATE COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 3-23-04 4-01-2004 20007201 FOOTHILL COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/22 SYSTEM CREDITS 1,200.00 - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/22 SYSTEM CREDITS (LESS 959.73 FOR 2/2004 SERVICE FEE) 240.27 - ----------------------------------------------------------------------------------------------------------------------------- 3-24-04 BANK CREDIT FROM 3/23 SYSTEM CREDITS 900.00 - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/23 SYSTEM CREDITS 900.00 - ----------------------------------------------------------------------------------------------------------------------------- 3-25-04 BANK DEBIT FOR 2/2004 SERVICE FEE WITHHELD FROM 03-23-04 TRUSTEE WIRE 959.73 - ----------------------------------------------------------------------------------------------------------------------------- 3-30-04 -- 20018701 SOUMI COLLEGE 3-30-04 4-01-2004 20021701 UNIVERSITY OF NOTRE DAME - BONDS SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 3-31-04 BANK CREDIT FROM 3/30 SYSTEM CREDITS 101,450.00 - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 3/30 ESCROW DISBURSEMENT 2,716.06 - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 3/30 SYSTEM CREDITS 101,450.00 - ----------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 3/30 ESCROW DISBURSEMENT 2,716.06 - ----------------------------------------------------------------------------------------------------------------------------- TOTALS: 606,765.97 594,789.02 11,976.95 =============================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION MARCH-04 TOTAL SYSTEM CREDITS @ 3/31 595,748.75 ----------- TOTAL BANK CREDITS 606,765.97 ----------- 3/10/2004 ESCROW 5 DISBURSEMENT (8,301.16) 3/31/2004 ESCROW 5 DISBURSEMENT (2,716.06) ADJUSTED BANK CREDITS: 595,748.75 ===========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION MARCH-04 TOTAL SYSTEM/BANK CREDITS @ 3/31 595,748.75 ========== TOTAL DEBITS TO TRUSTEE@ 3/31 594,789.02 ========== 3/25/2004 WITHHELD FOR 2/2004 SERVICE FEE 959.73 ADJUSTED DEBITS TO TRUSTEE 595,748.75 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR APRIL 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE - ---------------------------------------------------------------------------------------------------------------------- 4-02-04 4-01-2004 20000101 ALBION COLLEGE - 4-02-04 4-01-2004 20004001 COLLEGE OF ST. THOMAS 30,000.00 4-02-04 -- 20004304 COLORADO STATE UNIVERSITY - 4-02-04 4-01-2004 20010802 LONG ISLAND UNIVERSITY - 4-02-04 -- 20011401 MCKENDREE COLLEGE 50,000.00 4-02-04 4-01-2004 20012101 MIDDLEBURY COLLEGE 38,000.00 4-02-04 4-01-2004 20016101 RIVERSIDE HOSPITAL 30,000.00 4-02-04 4-01-2004 20016201 RIVIER COLLEGE 40,000.00 4-02-04 4-01-2004 20017102 SOUTH DAKOTA STATE UNIVERSITY 80,000.00 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY - 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY - 4-02-04 4-01-2004 20018302 ST. MICHAELS COLLEGE 25,000.00 4-02-04 4-01-2004 20021001 UNIVERSITY OF HAWAII AT MANOA - 4-02-04 -- 20021901 UNIVERSITY OF PORTLAND - 4-02-04 4-01-2004 20022601 UNIVERSITY OF STEUBENVILLE 20,000.00 4-02-04 4-01-2004 20022602 UNIVERSITY OF STEUBENVILLE 15,000.00 4-02-04 4-01-2004 20022701 UNIVERSITY OF VERMONT 57,000.00 4-02-04 4-01-2004 20023901 XAVIER UNIVERSITY OF LOUISIANA - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 4-05-04 4-01-2004 20003001 CASE WESTERN RESERVE UNIVERSIT 100,000.00 4-05-04 -- 20003502 CHAMINADE UNIVERSITY - 4-05-04 -- 20003502 CHAMINADE UNIVERSITY - 4-05-04 4-01-2004 20004202 VIRGIN ISLANDS COLLEGE - 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY 155,000.00 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY - 4-05-04 4-01-2004 20004401 R.I. JR. COLLEGE 10,000.00 4-05-04 4-01-2004 20005201 DANIEL WEBSTER COLLEGE 15,000.00 4-05-04 4-01-2004 20007902 GRAMBLING COLLEGE - 4-05-04 4-01-2004 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 22,000.00 4-05-04 4-01-2004 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 20,000.00 4-05-04 4-01-2004 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 180,000.00 4-05-04 4-01-2004 20018001 ST.EDWARDS UNIVERSITY 13,000.00 4-05-04 10-01-2004 20018001 ST.EDWARDS UNIVERSITY - 4-05-04 4-01-2004 20019401 TEXAS STATE COLLEGE 35,000.00 4-05-04 4-01-2004 20019701 TUFTS COLLEGE - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (P&I PAYMENTS) - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (SUSPENSE FUNDS) - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/02 SYSTEM CREDITS (LESS 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS) - --------------------------------------------------------------------------------------------------------------------- 4-06-04 4-01-2004 20002101 BIRMINGHAM SOUTHERN COLLEGE - 4-06-04 4-01-2004 20002102 BIRMINGHAM SOUTHERN COLLEGE - 4-06-04 4-01-2004 20006401 EMPORIA STATE UNIVERSITY 40,000.00 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/05 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 4/05 SYSTEM DEBITS - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/05 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS - --------------------------------------------------------------------------------------------------------------------- 4-07-04 BANK CREDIT FROM 4/06 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/06 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 4-08-04 4-01-2004 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 35,000.00 4-08-04 4-01-2004 20005401 DEAN ACADEMY & JR. COLLEGE 20,000.00 4-08-04 4-01-2004 20005801 DRAKE UNIVERSITY 40,000.00 4-08-04 4-01-2004 20019101 TAYLOR UNIVERISTY - 4-08-04 4-01-2004 20023601 WESTERN WASHINGTON STATE COLLEGE - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 4-12-04 4-01-2004 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 70,000.00 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/08 SYSTEM CREDITS (CREDITED TWICE) - --------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/08 System Credits - --------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/08 System Credit duplication - --------------------------------------------------------------------------------------------------------------------- 4-13-04 Bank Credit from 4/12 System Credits - --------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/12 System Credits - --------------------------------------------------------------------------------------------------------------------- 4-14-04 4-01-2004 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 4-15-04 BANK CREDIT FROM 4/14 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/14 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 4-20-04 5-01-2004 20002801 CARNEGIE MELLON UNIVERSITY - 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND 18,000.00 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND - 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - --------------------------------------------------------------------------------------------------------------------- 4-21-04 BANK CREDIT FROM 4/20 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/20 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/20 SYSTEM DEBITS (PAYMENT REVERSAL) - --------------------------------------------------------------------------------------------------------------------- 4-26-04 5-01-2004 20012001 MICHIGAN STATE UNIVERSITY - 4-26-04 5-01-2004 20016601 SARAH LAWRENCE COLLEGE - 4-26-04 -- 20018701 SOUMI COLLEGE - 4-26-04 5-01-2004 20018901 SWARTHMORE COLLEGE - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 4-27-04 BANK CREDIT FROM 4/26 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/26 SYSTEM CREDITS (ESCROW DISBURSEMENT) - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/26 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/26 SYSTEM DEBITS (ESCROW DISBURSEMENT) - --------------------------------------------------------------------------------------------------------------------- 4-30-04 5-01-2004 20017801 SPRINGFIELD COLLEGE - 4-30-04 -- 20018701 SOUMI COLLEGE - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- TOTALS: 1,158,000.00 ============ LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 3-22-04 4-01-2004 20002201 BLACKS HILLS - 3-22-04 4-01-2004 20002202 BLACKS HILLS - 3-23-04 4-01-2004 20007201 FOOTHILL JUNI - 3-30-04 4-01-2004 20021701 UNIV. OF NOTR 80,000.00 ------------ TOTALS: 80,000.00 ============ LOANS DUE IN CURRENT PERIOD NOT YET PAID: 4-01-2004 20000601 ALMA COLLEGE 45,000.00 4-01-2004 20012901 MONTEREY JR C - 4-01-2004 20013501 NEW ENGLAND C - 4-01-2004 20013502 NEW ENGLAND C 40,000.00 4-01-2004 20016701 SCRIPPS COLLE - TOTALS: 85,000.00 ============ GRAND TOTAL: 1,323,000.00 ============ DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE PRINCIPAL BALANCE PRINCIPAL PAID - ------------------------------------------------------------------------------------------------------------------------------------ 4-02-04 4-01-2004 20000101 ALBION COLLEGE 15,300.00 15,300.00 1,020,000.00 - 4-02-04 4-01-2004 20004001 COLLEGE OF ST. THOMAS 7,125.00 37,125.00 475,000.00 30,000.00 4-02-04 -- 20004304 COLORADO STATE UNIVERSITY - - - - 4-02-04 4-01-2004 20010802 LONG ISLAND UNIVERSITY 3,806.25 3,806.25 203,000.00 - 4-02-04 -- 20011401 MCKENDREE COLLEGE 3,150.00 53,150.00 210,000.00 210,000.00 4-02-04 4-01-2004 20012101 MIDDLEBURY COLLEGE 15,720.00 53,720.00 1,048,000.00 38,000.00 4-02-04 4-01-2004 20016101 RIVERSIDE HOSPITAL 1,665.00 31,665.00 111,000.00 30,000.00 4-02-04 4-01-2004 20016201 RIVIER COLLEGE 9,116.88 49,116.88 503,000.00 40,000.00 4-02-04 4-01-2004 20017102 SOUTH DAKOTA STATE UNIVERSITY 17,325.00 97,325.00 1,155,000.00 80,000.00 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY - - - 1,075,000.00 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY - - - - 4-02-04 4-01-2004 20018302 ST. MICHAELS COLLEGE 1,575.00 26,575.00 105,000.00 25,000.00 4-02-04 4-01-2004 20021001 UNIVERSITY OF HAWAII AT MANOA 6,000.00 6,000.00 400,000.00 - 4-02-04 -- 20021901 UNIVERSITY OF PORTLAND - - - - 4-02-04 4-01-2004 20022601 UNIVERSITY OF STEUBENVILLE 3,476.25 23,476.25 206,000.00 20,000.00 4-02-04 4-01-2004 20022602 UNIVERSITY OF STEUBENVILLE 3,975.00 18,975.00 265,000.00 15,000.00 4-02-04 4-01-2004 20022701 UNIVERSITY OF VERMONT 34,905.00 91,905.00 2,327,000.00 57,000.00 4-02-04 4-01-2004 20023901 XAVIER UNIVERSITY OF LOUISIANA 6,675.00 6,675.00 445,000.00 - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-05-04 4-01-2004 20003001 CASE WESTERN RESERVE UNIVERSIT 23,025.00 123,025.00 1,535,000.00 100,000.00 4-05-04 -- 20003502 CHAMINADE UNIVERSITY 2,715.00 2,715.00 181,000.00 181,000.00 4-05-04 -- 20003502 CHAMINADE UNIVERSITY - - - - 4-05-04 4-01-2004 20004202 VIRGIN ISLANDS COLLEGE 1,455.00 1,455.00 97,000.00 - 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY 5,709.38 160,709.38 315,000.00 - 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY - - - 315,000.00 4-05-04 4-01-2004 20004401 R.I. JR. COLLEGE 4,740.00 14,740.00 316,000.00 10,000.00 4-05-04 4-01-2004 20005201 DANIEL WEBSTER COLLEGE 4,125.00 19,125.00 275,000.00 15,000.00 4-05-04 4-01-2004 20007902 GRAMBLING COLLEGE 5,175.00 5,175.00 345,000.00 - 4-05-04 4-01-2004 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 6,900.00 28,900.00 460,000.00 22,000.00 4-05-04 4-01-2004 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 930.00 20,930.00 62,000.00 20,000.00 4-05-04 4-01-2004 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 6,475.00 186,475.00 370,000.00 180,000.00 4-05-04 4-01-2004 20018001 ST.EDWARDS UNIVERSITY 2,700.62 15,700.62 149,000.00 13,000.00 4-05-04 10-01-2004 20018001 ST.EDWARDS UNIVERSITY - - - - 4-05-04 4-01-2004 20019401 TEXAS STATE COLLEGE 2,100.00 37,100.00 140,000.00 35,000.00 4-05-04 4-01-2004 20019701 TUFTS COLLEGE 1,558.75 1,558.75 86,000.00 - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (P&I PAYMENTS) - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (SUSPENSE FUNDS) - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/02 SYSTEM CREDITS (LESS 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS) - ---------------------------------------------------------------------------------------------------------------------------------- 4-06-04 4-01-2004 20002101 BIRMINGHAM SOUTHERN COLLEGE 1,320.00 1,320.00 88,000.00 - 4-06-04 4-01-2004 20002102 BIRMINGHAM SOUTHERN COLLEGE 4,080.00 4,080.00 272,000.00 - 4-06-04 4-01-2004 20006401 EMPORIA STATE UNIVERSITY 3,750.00 43,750.00 250,000.00 40,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/05 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 4/05 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/05 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS - ---------------------------------------------------------------------------------------------------------------------------------- 4-07-04 BANK CREDIT FROM 4/06 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/06 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-08-04 4-01-2004 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 9,570.00 44,570.00 638,000.00 35,000.00 4-08-04 4-01-2004 20005401 DEAN ACADEMY & JR. COLLEGE 4,335.00 24,335.00 289,000.00 20,000.00 4-08-04 4-01-2004 20005801 DRAKE UNIVERSITY 12,150.00 52,150.00 810,000.00 40,000.00 4-08-04 4-01-2004 20019101 TAYLOR UNIVERISTY 5,850.00 5,850.00 390,000.00 - 4-08-04 4-01-2004 20023601 WESTERN WASHINGTON STATE COLLEGE 1,200.00 1,200.00 80,000.00 - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-12-04 4-01-2004 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 16,350.00 86,350.00 1,090,000.00 70,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/08 SYSTEM CREDITS (CREDITED TWICE) - ---------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/08 System Credits - ---------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/08 System Credit duplication - ---------------------------------------------------------------------------------------------------------------------------------- 4-13-04 Bank Credit from 4/12 System Credits - ---------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/12 System Credits - ---------------------------------------------------------------------------------------------------------------------------------- 4-14-04 4-01-2004 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 2,460.00 2,460.00 164,000.00 - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-15-04 BANK CREDIT FROM 4/14 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/14 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-20-04 5-01-2004 20002801 CARNEGIE MELLON UNIVERSITY - - - 15,000.00 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND 3,180.00 21,180.00 212,000.00 - 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND - - - 212,000.00 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND - - - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-21-04 BANK CREDIT FROM 4/20 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/20 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/20 SYSTEM DEBITS (PAYMENT REVERSAL) - ---------------------------------------------------------------------------------------------------------------------------------- 4-26-04 5-01-2004 20012001 MICHIGAN STATE UNIVERSITY - - - 14,393.48 4-26-04 5-01-2004 20016601 SARAH LAWRENCE COLLEGE - - - 20,951.44 4-26-04 -- 20018701 SOUMI COLLEGE - - - - 4-26-04 5-01-2004 20018901 SWARTHMORE COLLEGE - - - 4,217.72 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 4-27-04 BANK CREDIT FROM 4/26 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/26 SYSTEM CREDITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/26 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/26 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- 4-30-04 5-01-2004 20017801 SPRINGFIELD COLLEGE - - - 6,653.08 4-30-04 -- 20018701 SOUMI COLLEGE - - - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- TOTALS: 261,668.13 1,419,668.13 17,087,000.00 2,989,215.72 ========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 3-22-04 4-01-2004 20002201 BLACKS HILLS 510.00 510.00 34,000.00 3-22-04 4-01-2004 20002202 BLACKS HILLS 690.00 690.00 46,000.00 3-23-04 4-01-2004 20007201 FOOTHILL JUNI 900.00 900.00 60,000.00 3-30-04 4-01-2004 20021701 UNIV. OF NOTR 21,450.00 101,450.00 1,430,000.00 ------------------------------------------- TOTALS: 23,550.00 103,550.00 1,570,000.00 =========================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: 4-01-2004 20000601 ALMA COLLEGE 5,025.00 50,025.00 335,000.00 4-01-2004 20012901 MONTEREY JR C 3,675.00 3,675.00 245,000.00 4-01-2004 20013501 NEW ENGLAND C 5,129.37 5,129.37 282,999.99 4-01-2004 20013502 NEW ENGLAND C 12,525.00 52,525.00 835,000.00 4-01-2004 20016701 SCRIPPS COLLE 1,095.00 1,095.00 73,000.00 TOTALS: 27,449.37 112,449.37 1,770,999.99 =========================================== GRAND TOTAL: 312,667.50 1,635,667.50 20,427,999.99 =========================================== DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST PAID SUSPENSE TOTAL PAID - ---------------------------------------------------------------------------------------------------------------------- 4-02-04 4-01-2004 20000101 ALBION COLLEGE 15,300.00 - 15,300.00 4-02-04 4-01-2004 20004001 COLLEGE OF ST. THOMAS 7,125.00 - 37,125.00 4-02-04 -- 20004304 COLORADO STATE UNIVERSITY - 5,709.38 5,709.38 4-02-04 4-01-2004 20010802 LONG ISLAND UNIVERSITY 3,806.25 - 3,806.25 4-02-04 -- 20011401 MCKENDREE COLLEGE 3,150.00 - 213,150.00 4-02-04 4-01-2004 20012101 MIDDLEBURY COLLEGE 15,720.00 - 53,720.00 4-02-04 4-01-2004 20016101 RIVERSIDE HOSPITAL 1,665.00 - 31,665.00 4-02-04 4-01-2004 20016201 RIVIER COLLEGE 9,116.88 - 49,116.88 4-02-04 4-01-2004 20017102 SOUTH DAKOTA STATE UNIVERSITY 0.00 0.00 80,000.00 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY 17,325.00 0.00 1,092,325.00 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY 10,750.00 - 10,750.00 4-02-04 4-01-2004 20018302 ST. MICHAELS COLLEGE 1,575.00 - 26,575.00 4-02-04 4-01-2004 20021001 UNIVERSITY OF HAWAII AT MANOA 6,000.00 - 6,000.00 4-02-04 -- 20021901 UNIVERSITY OF PORTLAND - 217,120.00 217,120.00 4-02-04 4-01-2004 20022601 UNIVERSITY OF STEUBENVILLE 3,476.25 - 23,476.25 4-02-04 4-01-2004 20022602 UNIVERSITY OF STEUBENVILLE 3,975.00 - 18,975.00 4-02-04 4-01-2004 20022701 UNIVERSITY OF VERMONT 34,905.00 - 91,905.00 4-02-04 4-01-2004 20023901 XAVIER UNIVERSITY OF LOUISIANA 6,675.00 - 6,675.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- 4-05-04 4-01-2004 20003001 CASE WESTERN RESERVE UNIVERSIT 23,025.00 - 123,025.00 4-05-04 -- 20003502 CHAMINADE UNIVERSITY 2,715.00 - 183,715.00 4-05-04 -- 20003502 CHAMINADE UNIVERSITY 1,810.00 - 1,810.00 4-05-04 4-01-2004 20004202 VIRGIN ISLANDS COLLEGE 1,455.00 - 1,455.00 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY - (5,709.38) (5,709.38) 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY 5,709.38 - 320,709.38 4-05-04 4-01-2004 20004401 R.I. JR. COLLEGE 4,740.00 - 14,740.00 4-05-04 4-01-2004 20005201 DANIEL WEBSTER COLLEGE 4,125.00 - 19,125.00 4-05-04 4-01-2004 20007902 GRAMBLING COLLEGE 5,175.00 - 5,175.00 4-05-04 4-01-2004 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 6,900.00 - 28,900.00 4-05-04 4-01-2004 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 930.00 - 20,930.00 4-05-04 4-01-2004 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 6,475.00 - 186,475.00 4-05-04 4-01-2004 20018001 ST.EDWARDS UNIVERSITY 2,700.59 - 15,700.59 4-05-04 10-01-2004 20018001 ST.EDWARDS UNIVERSITY 0.04 - 0.04 4-05-04 4-01-2004 20019401 TEXAS STATE COLLEGE 2,100.00 - 37,100.00 4-05-04 4-01-2004 20019701 TUFTS COLLEGE 1,558.75 - 1,558.75 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (P&I PAYMENTS) - ---------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (SUSPENSE FUNDS) - ---------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/02 SYSTEM CREDITS (LESS 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS) - ---------------------------------------------------------------------------------------------------------------------- 4-06-04 4-01-2004 20002101 BIRMINGHAM SOUTHERN COLLEGE 1,320.00 - 1,320.00 4-06-04 4-01-2004 20002102 BIRMINGHAM SOUTHERN COLLEGE 4,080.00 - 4,080.00 4-06-04 4-01-2004 20006401 EMPORIA STATE UNIVERSITY 3,750.00 - 43,750.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/05 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 4/05 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/05 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS - ---------------------------------------------------------------------------------------------------------------------- 4-07-04 BANK CREDIT FROM 4/06 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/06 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- 4-08-04 4-01-2004 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 9,570.00 - 44,570.00 4-08-04 4-01-2004 20005401 DEAN ACADEMY & JR. COLLEGE 4,335.00 - 24,335.00 4-08-04 4-01-2004 20005801 DRAKE UNIVERSITY 12,150.00 - 52,150.00 4-08-04 4-01-2004 20019101 TAYLOR UNIVERISTY 5,850.00 - 5,850.00 4-08-04 4-01-2004 20023601 WESTERN WASHINGTON STATE COLLEGE 1,200.00 - 1,200.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- 4-12-04 4-01-2004 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 16,350.00 - 86,350.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/08 SYSTEM CREDITS (CREDITED TWICE) - ---------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/08 System Credits - ---------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/08 System Credit duplication - ---------------------------------------------------------------------------------------------------------------------- 4-13-04 Bank Credit from 4/12 System Credits - ---------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/12 System Credits - ---------------------------------------------------------------------------------------------------------------------- 4-14-04 4-01-2004 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 2,460.00 - 2,460.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- 4-15-04 BANK CREDIT FROM 4/14 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/14 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- 4-20-04 5-01-2004 20002801 CARNEGIE MELLON UNIVERSITY 7,305.00 - 22,305.00 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND - (217,120.00) (217,120.00) 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND 3,180.00 - 215,180.00 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND 1,940.00 - 1,940.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------- 4-21-04 BANK CREDIT FROM 4/20 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/20 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/20 SYSTEM DEBITS (PAYMENT REVERSAL) - ---------------------------------------------------------------------------------------------------------------------- 4-26-04 5-01-2004 20012001 MICHIGAN STATE UNIVERSITY 9,132.36 - 23,525.84 4-26-04 5-01-2004 20016601 SARAH LAWRENCE COLLEGE 14,328.30 - 35,279.74 4-26-04 -- 20018701 SOUMI COLLEGE - - - 4-26-04 5-01-2004 20018901 SWARTHMORE COLLEGE 1,548.14 - 5,765.86 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- 4-27-04 BANK CREDIT FROM 4/26 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/26 SYSTEM CREDITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/26 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/26 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------- 4-30-04 5-01-2004 20017801 SPRINGFIELD COLLEGE 1,664.82 - 8,317.90 4-30-04 -- 20018701 SOUMI COLLEGE - - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------- TOTALS: 310,146.76 - 3,299,362.48 ============================================= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 3-22-04 4-01-2004 20002201 BLACKS HILLS 3-22-04 4-01-2004 20002202 BLACKS HILLS 3-23-04 4-01-2004 20007201 FOOTHILL JUNI 3-30-04 4-01-2004 20021701 UNIV. OF NOTR TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 4-01-2004 20000601 ALMA COLLEGE 4-01-2004 20012901 MONTEREY JR C 4-01-2004 20013501 NEW ENGLAND C 4-01-2004 20013502 NEW ENGLAND C 4-01-2004 20016701 SCRIPPS COLLE TOTALS: GRAND TOTAL: DATE GMACCM NET SYSTEM TOTAL BANK FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME CREDITS CREDITS WIRES OTHER WIRES - ------------------------------------------------------------------------------------------------------------------------------------ 4-02-04 4-01-2004 20000101 ALBION COLLEGE 4-02-04 4-01-2004 20004001 COLLEGE OF ST. THOMAS 4-02-04 -- 20004304 COLORADO STATE UNIVERSITY 4-02-04 4-01-2004 20010802 LONG ISLAND UNIVERSITY 4-02-04 -- 20011401 MCKENDREE COLLEGE 4-02-04 4-01-2004 20012101 MIDDLEBURY COLLEGE 4-02-04 4-01-2004 20016101 RIVERSIDE HOSPITAL 4-02-04 4-01-2004 20016201 RIVIER COLLEGE 4-02-04 4-01-2004 20017102 SOUTH DAKOTA STATE UNIVERSITY 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY 4-02-04 -- 20017102 SOUTH DAKOTA STATE UNIVERSITY 4-02-04 4-01-2004 20018302 ST. MICHAELS COLLEGE 4-02-04 4-01-2004 20021001 UNIVERSITY OF HAWAII AT MANOA 4-02-04 -- 20021901 UNIVERSITY OF PORTLAND 4-02-04 4-01-2004 20022601 UNIVERSITY OF STEUBENVILLE 4-02-04 4-01-2004 20022602 UNIVERSITY OF STEUBENVILLE 4-02-04 4-01-2004 20022701 UNIVERSITY OF VERMONT 4-02-04 4-01-2004 20023901 XAVIER UNIVERSITY OF LOUISIANA SYSTEM CREDITS 1,983,393.76 - ---------------------------------------------------------------------------------------------------------------------------------- 4-05-04 4-01-2004 20003001 CASE WESTERN RESERVE UNIVERSIT 4-05-04 -- 20003502 CHAMINADE UNIVERSITY 4-05-04 -- 20003502 CHAMINADE UNIVERSITY 4-05-04 4-01-2004 20004202 VIRGIN ISLANDS COLLEGE 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY 4-05-04 -- 20004304 COLORADO STATE UNIVERSITY 4-05-04 4-01-2004 20004401 R.I. JR. COLLEGE 4-05-04 4-01-2004 20005201 DANIEL WEBSTER COLLEGE 4-05-04 4-01-2004 20007902 GRAMBLING COLLEGE 4-05-04 4-01-2004 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 4-05-04 4-01-2004 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 4-05-04 4-01-2004 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 4-05-04 4-01-2004 20018001 ST.EDWARDS UNIVERSITY 4-05-04 10-01-2004 20018001 ST.EDWARDS UNIVERSITY 4-05-04 4-01-2004 20019401 TEXAS STATE COLLEGE 4-05-04 4-01-2004 20019701 TUFTS COLLEGE SYSTEM CREDITS 960,418.76 - ---------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS (5,709.38) - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (P&I PAYMENTS) 1,760,564.38 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/02 SYSTEM CREDITS (SUSPENSE FUNDS) 222,829.38 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/02 SYSTEM CREDITS (LESS 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS) 1,981,212.90 - ---------------------------------------------------------------------------------------------------------------------------------- 4-06-04 4-01-2004 20002101 BIRMINGHAM SOUTHERN COLLEGE 4-06-04 4-01-2004 20002102 BIRMINGHAM SOUTHERN COLLEGE 4-06-04 4-01-2004 20006401 EMPORIA STATE UNIVERSITY SYSTEM CREDITS 49,150.00 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/05 SYSTEM CREDITS 960,418.76 - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 4/05 SYSTEM DEBITS 5,709.38 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/05 SYSTEM CREDITS 954,709.38 - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 1400.86 3/2004 SERVICE FEE AND 780.00 1ST QTR PROPERTY INSPECTIONS 2,180.86 - ---------------------------------------------------------------------------------------------------------------------------------- 4-07-04 BANK CREDIT FROM 4/06 SYSTEM CREDITS 49,150.00 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/06 SYSTEM CREDITS 49,150.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-08-04 4-01-2004 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 4-08-04 4-01-2004 20005401 DEAN ACADEMY & JR. COLLEGE 4-08-04 4-01-2004 20005801 DRAKE UNIVERSITY 4-08-04 4-01-2004 20019101 TAYLOR UNIVERISTY 4-08-04 4-01-2004 20023601 WESTERN WASHINGTON STATE COLLEGE SYSTEM CREDITS 128,105.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-12-04 4-01-2004 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU SYSTEM CREDITS 86,350.00 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/08 SYSTEM CREDITS (CREDITED TWICE) 256,210.00 - ---------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/08 System Credits 128,105.00 - ---------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/08 System Credit duplication 128,105.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-13-04 Bank Credit from 4/12 System Credits 86,350.00 - ---------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/12 System Credits 86,350.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-14-04 4-01-2004 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) SYSTEM CREDITS 2,460.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-15-04 BANK CREDIT FROM 4/14 SYSTEM CREDITS 2,460.00 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/14 SYSTEM CREDITS 2,460.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-20-04 5-01-2004 20002801 CARNEGIE MELLON UNIVERSITY 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND 4-20-04 -- 20021901 UNIVERSITY OF PORTLAND SYSTEM CREDITS 239,425.00 - ---------------------------------------------------------------------------------------------------------------------------------- SYSTEM DEBITS (217,120.00) - ---------------------------------------------------------------------------------------------------------------------------------- 4-21-04 BANK CREDIT FROM 4/20 SYSTEM CREDITS 239,425.00 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/20 SYSTEM CREDITS 22,305.00 - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/20 SYSTEM DEBITS (PAYMENT REVERSAL) 217,120.00 - ---------------------------------------------------------------------------------------------------------------------------------- 4-26-04 5-01-2004 20012001 MICHIGAN STATE UNIVERSITY 4-26-04 5-01-2004 20016601 SARAH LAWRENCE COLLEGE 4-26-04 -- 20018701 SOUMI COLLEGE 4-26-04 5-01-2004 20018901 SWARTHMORE COLLEGE SYSTEM CREDITS 64,571.44 - ---------------------------------------------------------------------------------------------------------------------------------- 4-27-04 BANK CREDIT FROM 4/26 SYSTEM CREDITS 64,571.44 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/26 SYSTEM CREDITS (ESCROW DISBURSEMENT) 958.50 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/26 SYSTEM CREDITS 64,571.44 - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 4/26 SYSTEM DEBITS (ESCROW DISBURSEMENT) 958.50 - ---------------------------------------------------------------------------------------------------------------------------------- 4-30-04 5-01-2004 20017801 SPRINGFIELD COLLEGE 4-30-04 -- 20018701 SOUMI COLLEGE SYSTEM CREDITS 8,317.90 - ---------------------------------------------------------------------------------------------------------------------------------- TOTALS: 3,299,362.48 3,642,937.46 3,288,863.72 354,073.74 ========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 3-22-04 4-01-2004 20002201 BLACKS HILLS 3-22-04 4-01-2004 20002202 BLACKS HILLS 3-23-04 4-01-2004 20007201 FOOTHILL JUNI 3-30-04 4-01-2004 20021701 UNIV. OF NOTR TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 4-01-2004 20000601 ALMA COLLEGE 4-01-2004 20012901 MONTEREY JR C 4-01-2004 20013501 NEW ENGLAND C 4-01-2004 20013502 NEW ENGLAND C 4-01-2004 20016701 SCRIPPS COLLE TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION APRIL-04 TOTAL SYSTEM CREDITS @ 4/30 3,299,362.48 ------------ Total Bank Credits 3,642,937.46 ------------ 4/5/2004 PAYMENT REVERSAL (5,709.38) 4/12/2004 BANK ERROR - BANK CREDIT DUPLICATION (128,105.00) 4/20/2004 PAYMENT REVERSAL (217,120.00) 4/27/2004 ESCROW DISBURSEMENT (958.50) 4/30/2004 FUNDS IN TRANSIT 8,317.90 ADJUSTED BANK CREDITS: 3,299,362.48 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION APRIL-04 TOTAL SYSTEM/BANK CREDITS @ 4/30 3,299,362.48 ============ TOTAL DEBITS TO TRUSTEE @ 4/30 3,288,863.72 ============ 4/6/2004 Withheld 3/2004 Service Fee 1,400.86 4/6/2004 Withheld 1st Qtr Property Inspections 780.00 4/30/2004 Funds in transit 8,317.90 ADJUSTED DEBITS TO TRUSTEE 3,299,362.48 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR MAY 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE - ------------------------------------------------------------------------------------------- 5-03-04 5-01-2004 20000401 UNIVERSITY OF ALFRED - 5-03-04 5-01-2004 20001901 BENEDICT COLLEGE SERIES 1974 - 5-03-04 5-01-2004 20004501 CONCORDIA TEACHERS COLLEGE 25,000.00 5-03-04 5-01-2004 20006502 FAIRLEIGH DICKINSON UNIVERSITY 2,178.92 5-03-04 5-01-2004 20008401 HAVERFORD COLL. - 5-03-04 4-01-2004 20012901 MONTEREY PENINSULA JR. COLLEGE - 5-03-04 5-01-2004 20013301 MORRIS COLLEGE - BONDS 1983 - 5-03-04 5-01-2004 20019201 TEMPLE UNIVERSITY - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/30 SYSTEM CREDITS (P&I PAYMENTS) [DUPLICATED] - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 4/30 SYSTEM CREDITS (ESCROW DISBURSEMENTS) - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 4/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK DEBITS FROM 4/30 SYSTEM DEBIT (ESCROW DISBURSEMENTS) - ------------------------------------------------------------------------------------------- BANK DEBITS FROM 4/30 SYSTEM DEBITS (P&I PAYMENTS) [REVERSAL DUPLICATE CREDIT] - ------------------------------------------------------------------------------------------- 5-04-04 5-01-2004 20002701 CALIFORNIA STATE UNIVERSITY - 5-04-04 5-01-2004 20016401 CALIFORNIA STATE UNIVERSITY - 5-04-04 5-01-2004 20016501 CALIFORNIA STATE UNIVERSITY - 5-04-04 5-01-2004 20018801 SUSQUEHANNA UNIVERSITY - 5-04-04 5-01-2004 20018802 SUSQUEHANNA UNIVERSITY - 5-04-04 -- 20021101 UNIVERSITY OF MISSOURI 182,000.00 5-04-04 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 8,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-05-04 5-01-2004 20023501 WESTERN MARYLAND COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-06-04 BANK CREDIT FROM 5/05 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/05 SYSTEM CREDITS (LESS 5952.48 4/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------- 5-07-04 4-01-2004 20000601 ALMA COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 4/2004 SERVICE FEE - ------------------------------------------------------------------------------------------- 5-10-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/07 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/07 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-11-04 5-01-2004 20020001 UNIVERSITY OF ALABAMA 70,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/10 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/10 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-12-04 5-01-2004 20008301 HARCUM COLLEGE - 5-12-04 4-01-2004 20016701 SCRIPPS COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/11 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/11 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-13-04 4-01-2004 20013501 NEW ENGLAND COLLEGE - 5-13-04 4-01-2004 20013502 NEW ENGLAND COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/12 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/12 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-14-04 BANK CREDIT FROM 5/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-17-04 5-01-2004 20001201 ATLANTIC UNION COLLEGE 3,302.31 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-18-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS - 5-18-04 5-01-2004 20008201 HAMPSHIRE COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- SYSTEM DEBITS(PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/17 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 5/17 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-19-04 BANK CREDIT FROM 5/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE TO TRUSTEE (INCORRECTLY WIRED FROM ED I ACCT. SHOULD HAVE BEEN FROM ED II ACCCOUNT) - ------------------------------------------------------------------------------------------- BANK DEBITS FROM 5/18 SYSTEM DEBIT (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------- 5-21-04 6-01-2004 20013001 MONTREAT-ANDERSON COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- 5-24-04 BANK CREDIT FROM 5/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------- WIRE FROM ED II ACCT TO REFUND FUNDS INCORRECTLY WIRED OUT ON 5-19-2004 - ------------------------------------------------------------------------------------------- 2004-05-28 -- 20018701 SOUMI COLLEGE - SYSTEM CREDITS - ------------------------------------------------------------------------------------------- TOTALS: 290,481.23 ============ LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 4-20-04 5-01-2004 20002801 CARNEGIE-MELL 15,000.00 4-26-04 5-01-2004 20012001 MSU HOUSING 14,393.48 4-26-04 5-01-2004 20016601 SARAH LAWRENC 20,951.44 4-30-04 5-01-2004 20017801 SPRINGFIELD C 6,653.08 4-26-04 5-01-2004 20018901 SWARTHMORE CO 4,217.72 ------------ TOTALS: 61,215.72 ============ LOANS DUE IN CURRENT PERIOD NOT YET PAID: 5-08-2004 20018701 SUOMI COLLEGE - TOTALS: - ============ GRAND TOTAL: 351,696.95 ============ DATE GMACCM PRINCIPAL PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE BALANCE PAID - ------------------------------------------------------------------------------------------------------------------------------------ 5-03-04 5-01-2004 20000401 UNIVERSITY OF ALFRED 2,655.00 2,655.00 177,000.00 - 5-03-04 5-01-2004 20001901 BENEDICT COLLEGE SERIES 1974 510.00 510.00 34,000.00 - 5-03-04 5-01-2004 20004501 CONCORDIA TEACHERS COLLEGE 6,975.00 31,975.00 464,999.99 25,000.00 5-03-04 5-01-2004 20006502 FAIRLEIGH DICKINSON UNIVERSITY 1,435.90 3,614.82 95,726.83 2,178.92 5-03-04 5-01-2004 20008401 HAVERFORD COLL. 5,618.75 5,618.75 310,000.00 - 5-03-04 4-01-2004 20012901 MONTEREY PENINSULA JR. COLLEGE - - - - 5-03-04 5-01-2004 20013301 MORRIS COLLEGE - BONDS 1983 10,245.00 10,245.00 683,000.00 0.00 5-03-04 5-01-2004 20019201 TEMPLE UNIVERSITY 6,041.25 6,041.25 358,000.00 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 4/30 SYSTEM CREDITS (P&I PAYMENTS) [DUPLICATED] - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 4/30 SYSTEM CREDITS (ESCROW DISBURSEMENTS) - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 4/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 4/30 SYSTEM DEBIT (ESCROW DISBURSEMENTS) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 4/30 SYSTEM DEBITS (P&I PAYMENTS) [REVERSAL DUPLICATE CREDIT] - ------------------------------------------------------------------------------------------------------------------------------------ 5-04-04 5-01-2004 20002701 CALIFORNIA STATE UNIVERSITY 21,900.00 21,900.00 1,460,000.00 - 5-04-04 5-01-2004 20016401 CALIFORNIA STATE UNIVERSITY 5,025.00 5,025.00 335,000.00 - 5-04-04 5-01-2004 20016501 CALIFORNIA STATE UNIVERSITY 10,500.00 10,500.00 700,000.00 - 5-04-04 5-01-2004 20018801 SUSQUEHANNA UNIVERSITY 900.00 900.00 60,000.00 - 5-04-04 5-01-2004 20018802 SUSQUEHANNA UNIVERSITY 5,618.75 5,618.75 310,000.00 - 5-04-04 -- 20021101 UNIVERSITY OF MISSOURI 3,298.75 185,298.75 182,000.00 182,000.00 5-04-04 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3,225.00 11,225.00 215,000.00 8,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-05-04 5-01-2004 20023501 WESTERN MARYLAND COLLEGE 15,750.00 15,750.00 1,050,000.00 - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-06-04 BANK CREDIT FROM 5/05 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/05 SYSTEM CREDITS (LESS 5952.48 4/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------------ 5-07-04 4-01-2004 20000601 ALMA COLLEGE - - - 45,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS REPRESENTING 4/2004 SERVICE FEE - ------------------------------------------------------------------------------------------------------------------------------------ 5-10-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS - - - - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/07 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/07 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-11-04 5-01-2004 20020001 UNIVERSITY OF ALABAMA 23,340.00 93,340.00 1,556,000.00 70,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/10 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/10 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-12-04 5-01-2004 20008301 HARCUM COLLEGE 8,100.00 8,100.00 540,000.00 - 5-12-04 4-01-2004 20016701 SCRIPPS COLLEGE - - - - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/11 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/11 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-13-04 4-01-2004 20013501 NEW ENGLAND COLLEGE - - - - 5-13-04 4-01-2004 20013502 NEW ENGLAND COLLEGE - - - 40,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/12 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/12 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-14-04 BANK CREDIT FROM 5/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-17-04 5-01-2004 20001201 ATLANTIC UNION COLLEGE 2,688.13 5,990.44 179,208.82 3,302.31 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-18-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS - - - - 5-18-04 5-01-2004 20008201 HAMPSHIRE COLLEGE 765.00 765.00 51,000.00 - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ SYSTEM DEBITS(PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/17 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/17 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-19-04 BANK CREDIT FROM 5/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE (INCORRECTLY WIRED FROM ED I ACCT. SHOULD HAVE BEEN FROM ED II ACCCOUNT) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 5/18 SYSTEM DEBIT (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------------ 5-21-04 6-01-2004 20013001 MONTREAT-ANDERSON COLLEGE - - - 2,400.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-24-04 BANK CREDIT FROM 5/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE FROM ED II ACCT TO REFUND FUNDS INCORRECTLY WIRED OUT ON 5-19-2004 - ------------------------------------------------------------------------------------------------------------------------------------ 2004-05-28 -- 20018701 SOUMI COLLEGE - - - - SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS: 134,591.53 425,072.76 8,760,935.64 377,881.23 ===================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 4-20-04 5-01-2004 20002801 CARNEGIE-MELL 7,305.00 22,305.00 487,000.00 4-26-04 5-01-2004 20012001 MSU HOUSING 9,132.36 23,525.84 608,823.83 4-26-04 5-01-2004 20016601 SARAH LAWRENC 14,328.30 35,279.74 955,219.93 4-30-04 5-01-2004 20017801 SPRINGFIELD C 1,664.82 8,317.90 110,987.41 4-26-04 5-01-2004 20018901 SWARTHMORE CO 1,548.14 5,765.86 103,209.51 ------------------------------------ TOTALS: 33,978.62 95,194.34 2,265,240.68 ==================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: 5-08-2004 20018701 SUOMI COLLEGE 21,577.37 21,577.37 2,876,983.12 TOTALS: 21,577.37 21,577.37 2,876,983.12 ==================================== GRAND TOTAL: 190,147.52 541,844.47 3,903,159.44 ==================================== DATE GMACCM INTEREST NET SYSTEM TOTAL BANK RECEIVED DATE DUE NUMBER BORROWER NAME PAID SUSPENSE TOTAL PAID CREDITS CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-03-04 5-01-2004 20000401 UNIVERSITY OF ALFRED 2,655.00 - 2,655.00 5-03-04 5-01-2004 20001901 BENEDICT COLLEGE SERIES 1974 510.00 - 510.00 5-03-04 5-01-2004 20004501 CONCORDIA TEACHERS COLLEGE 6,975.00 - 31,975.00 5-03-04 5-01-2004 20006502 FAIRLEIGH DICKINSON UNIVERSITY 1,435.90 - 3,614.82 5-03-04 5-01-2004 20008401 HAVERFORD COLL. 5,618.75 - 5,618.75 5-03-04 4-01-2004 20012901 MONTEREY PENINSULA JR. COLLEGE 3,675.00 - 3,675.00 5-03-04 5-01-2004 20013301 MORRIS COLLEGE - BONDS 1983 10,245.00 - 10,245.00 5-03-04 5-01-2004 20019201 TEMPLE UNIVERSITY 6,041.25 - 6,041.25 SYSTEM CREDITS 64,334.82 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 4/30 SYSTEM CREDITS (P&I PAYMENTS) [DUPLICATED] 16,635.80 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 4/30 SYSTEM CREDITS (ESCROW DISBURSEMENTS) 2,460.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 4/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 4/30 SYSTEM DEBIT (ESCROW DISBURSEMENTS) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 4/30 SYSTEM DEBITS (P&I PAYMENTS) [REVERSAL DUPLICATE CREDIT] - ------------------------------------------------------------------------------------------------------------------------------------ 5-04-04 5-01-2004 20002701 CALIFORNIA STATE UNIVERSITY 21,900.00 - 21,900.00 5-04-04 5-01-2004 20016401 CALIFORNIA STATE UNIVERSITY 5,025.00 - 5,025.00 5-04-04 5-01-2004 20016501 CALIFORNIA STATE UNIVERSITY 10,500.00 - 10,500.00 5-04-04 5-01-2004 20018801 SUSQUEHANNA UNIVERSITY 900.00 - 900.00 5-04-04 5-01-2004 20018802 SUSQUEHANNA UNIVERSITY 5,618.75 - 5,618.75 5-04-04 -- 20021101 UNIVERSITY OF MISSOURI 3,298.75 - 185,298.75 5-04-04 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3,225.00 - 11,225.00 SYSTEM CREDITS 240,467.50 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/03 SYSTEM CREDITS 64,334.82 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-05-04 5-01-2004 20023501 WESTERN MARYLAND COLLEGE 15,750.00 - 15,750.00 SYSTEM CREDITS 15,750.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/04 SYSTEM CREDITS 240,467.50 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-06-04 BANK CREDIT FROM 5/05 SYSTEM CREDITS 15,750.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/05 SYSTEM CREDITS (LESS 5952.48 4/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------------ 5-07-04 4-01-2004 20000601 ALMA COLLEGE 5,025.00 - 50,025.00 SYSTEM CREDITS 50,025.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS REPRESENTING 4/2004 SERVICE FEE - ------------------------------------------------------------------------------------------------------------------------------------ 5-10-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS 4,860.00 - 4,860.00 SYSTEM CREDITS 4,860.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/07 SYSTEM CREDITS 50,025.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/07 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-11-04 5-01-2004 20020001 UNIVERSITY OF ALABAMA 23,340.00 - 93,340.00 SYSTEM CREDITS 93,340.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/10 SYSTEM CREDITS 4,860.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/10 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-12-04 5-01-2004 20008301 HARCUM COLLEGE 8,100.00 - 8,100.00 5-12-04 4-01-2004 20016701 SCRIPPS COLLEGE 1,095.00 - 1,095.00 SYSTEM CREDITS 9,195.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/11 SYSTEM CREDITS 93,340.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/11 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-13-04 4-01-2004 20013501 NEW ENGLAND COLLEGE 5,129.37 - 5,129.37 5-13-04 4-01-2004 20013502 NEW ENGLAND COLLEGE 12,525.00 - 52,525.00 SYSTEM CREDITS 57,654.37 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/12 SYSTEM CREDITS 9,195.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/12 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-14-04 BANK CREDIT FROM 5/13 SYSTEM CREDITS 57,654.37 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-17-04 5-01-2004 20001201 ATLANTIC UNION COLLEGE 2,688.13 - 5,990.44 SYSTEM CREDITS 5,990.44 - ------------------------------------------------------------------------------------------------------------------------------------ 5-18-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS (4,860.00) - (4,860.00) 5-18-04 5-01-2004 20008201 HAMPSHIRE COLLEGE 765.00 - 765.00 SYSTEM CREDITS 765.00 - ------------------------------------------------------------------------------------------------------------------------------------ SYSTEM DEBITS(PAYMENT REVERSAL) (4,860.00) - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/17 SYSTEM CREDITS 5,990.44 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/17 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 5-19-04 BANK CREDIT FROM 5/18 SYSTEM CREDITS 765.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE (INCORRECTLY WIRED FROM ED I ACCT. SHOULD HAVE BEEN FROM ED II ACCCOUNT) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 5/18 SYSTEM DEBIT (PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------------ 5-21-04 6-01-2004 20013001 MONTREAT-ANDERSON COLLEGE 1,344.00 - 3,744.00 SYSTEM CREDITS 3,744.00 - ------------------------------------------------------------------------------------------------------------------------------------ 5-24-04 BANK CREDIT FROM 5/21 SYSTEM CREDITS 3,744.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE FROM ED II ACCT TO REFUND FUNDS INCORRECTLY WIRED OUT ON 5-19-2004 - ------------------------------------------------------------------------------------------------------------------------------------ 2004-05-28 -- 20018701 SOUMI COLLEGE - - - SYSTEM CREDITS 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS: 163,384.90 - 541,266.13 541,266.13 565,221.93 ======================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 4-20-04 5-01-2004 20002801 CARNEGIE-MELL 4-26-04 5-01-2004 20012001 MSU HOUSING 4-26-04 5-01-2004 20016601 SARAH LAWRENC 4-30-04 5-01-2004 20017801 SPRINGFIELD C 4-26-04 5-01-2004 20018901 SWARTHMORE CO TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 5-08-2004 20018701 SUOMI COLLEGE TOTALS: GRAND TOTAL: DATE GMACCM FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME WIRES OTHER WIRES - ------------------------------------------------------------------------------------------------------------ 5-03-04 5-01-2004 20000401 UNIVERSITY OF ALFRED 5-03-04 5-01-2004 20001901 BENEDICT COLLEGE SERIES 1974 5-03-04 5-01-2004 20004501 CONCORDIA TEACHERS COLLEGE 5-03-04 5-01-2004 20006502 FAIRLEIGH DICKINSON UNIVERSITY 5-03-04 5-01-2004 20008401 HAVERFORD COLL. 5-03-04 4-01-2004 20012901 MONTEREY PENINSULA JR. COLLEGE 5-03-04 5-01-2004 20013301 MORRIS COLLEGE - BONDS 1983 5-03-04 5-01-2004 20019201 TEMPLE UNIVERSITY SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 4/30 SYSTEM CREDITS (P&I PAYMENTS) [DUPLICATED] - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 4/30 SYSTEM CREDITS (ESCROW DISBURSEMENTS) - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 4/30 SYSTEM CREDITS 8,317.90 - ------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 4/30 SYSTEM DEBIT (ESCROW DISBURSEMENTS) 2,460.00 - ------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 4/30 SYSTEM DEBITS (P&I PAYMENTS) [REVERSAL DUPLICATE CREDIT] 8,317.90 - ------------------------------------------------------------------------------------------------------------ 5-04-04 5-01-2004 20002701 CALIFORNIA STATE UNIVERSITY 5-04-04 5-01-2004 20016401 CALIFORNIA STATE UNIVERSITY 5-04-04 5-01-2004 20016501 CALIFORNIA STATE UNIVERSITY 5-04-04 5-01-2004 20018801 SUSQUEHANNA UNIVERSITY 5-04-04 5-01-2004 20018802 SUSQUEHANNA UNIVERSITY 5-04-04 -- 20021101 UNIVERSITY OF MISSOURI 5-04-04 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/03 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/03 SYSTEM CREDITS 64,334.82 - ------------------------------------------------------------------------------------------------------------ 5-05-04 5-01-2004 20023501 WESTERN MARYLAND COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/04 SYSTEM CREDITS 240,467.50 - ------------------------------------------------------------------------------------------------------------ 5-06-04 BANK CREDIT FROM 5/05 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/05 SYSTEM CREDITS (LESS 5952.48 4/2004 SERVICE FEE) 9,797.52 - ------------------------------------------------------------------------------------------------------------ 5-07-04 4-01-2004 20000601 ALMA COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK DEBITS REPRESENTING 4/2004 SERVICE FEE 5,952.48 - ------------------------------------------------------------------------------------------------------------ 5-10-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/07 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/07 SYSTEM CREDITS 50,025.00 - ------------------------------------------------------------------------------------------------------------ 5-11-04 5-01-2004 20020001 UNIVERSITY OF ALABAMA SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/10 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/10 SYSTEM CREDITS 4,860.00 - ------------------------------------------------------------------------------------------------------------ 5-12-04 5-01-2004 20008301 HARCUM COLLEGE 5-12-04 4-01-2004 20016701 SCRIPPS COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/11 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/11 SYSTEM CREDITS 93,340.00 - ------------------------------------------------------------------------------------------------------------ 5-13-04 4-01-2004 20013501 NEW ENGLAND COLLEGE 5-13-04 4-01-2004 20013502 NEW ENGLAND COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/12 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/12 SYSTEM CREDITS 9,195.00 - ------------------------------------------------------------------------------------------------------------ 5-14-04 BANK CREDIT FROM 5/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/13 SYSTEM CREDITS 57,654.37 - ------------------------------------------------------------------------------------------------------------ 5-17-04 5-01-2004 20001201 ATLANTIC UNION COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ 5-18-04 10-01-2004 20004001 COLLEGE OF ST. THOMAS 5-18-04 5-01-2004 20008201 HAMPSHIRE COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ SYSTEM DEBITS(PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/17 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 5/17 SYSTEM CREDITS 5,990.44 - ------------------------------------------------------------------------------------------------------------ 5-19-04 BANK CREDIT FROM 5/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE (INCORRECTLY WIRED FROM ED I ACCT. SHOULD HAVE BEEN FROM ED II ACCCOUNT) 113,110.00 - ------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 5/18 SYSTEM DEBIT (PAYMENT REVERSAL) 4,860.00 - ------------------------------------------------------------------------------------------------------------ 5-21-04 6-01-2004 20013001 MONTREAT-ANDERSON COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ 5-24-04 BANK CREDIT FROM 5/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ WIRE FROM ED II ACCT TO REFUND FUNDS INCORRECTLY WIRED OUT ON 5-19-2004 (113,110.00) - ------------------------------------------------------------------------------------------------------------ 2004-05-28 -- 20018701 SOUMI COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------ TOTALS: 543,982.55 21,590.38 =========== ========= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 4-20-04 5-01-2004 20002801 CARNEGIE-MELL 4-26-04 5-01-2004 20012001 MSU HOUSING 4-26-04 5-01-2004 20016601 SARAH LAWRENC 4-30-04 5-01-2004 20017801 SPRINGFIELD C 4-26-04 5-01-2004 20018901 SWARTHMORE CO TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 5-08-2004 20018701 SUOMI COLLEGE TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION MAY-04 TOTAL SYSTEM CREDITS @ 5/31 541,266.13 ---------- TOTAL BANK CREDITS 565,221.93 ---------- 5/3/2004 FUNDS IN TRANSIT (P&I - DUPLICATED) (16,635.80) 5/3/2004 ESCROW DISBURSEMENTS (2,460.00) 5/18/2004 PAYMENT REVERSAL (4,860.00) ADJUSTED BANK CREDITS: 541,266.13 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION MAY-04 TOTAL SYSTEM/BANK CREDITS @ 5/31 541,266.13 ========== TOTAL DEBITS TO TRUSTEE@ 5/31 543,982.55 ========== 5/3/2004 DEPOSIT IN TRANSIT (8,317.90) 5/7/2004 4/2004 SERVICE FEE 5,952.48 5/18/2004 OVERDRAFT OF ACCOUNT (4,095.00) 5/21/2004 FUND OVERDRAFT (PARTIAL) 3,744.00 ADJUSTED DEBITS TO TRUSTEE 541,266.13 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR JUNE 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE - ------------------------------------------------------------------------------------------------------------------ 6-01-04 6-01-2004 20009702 KENT STATE UNIVERSITY - 6-01-04 6-01-2004 20012501 MISSOURI SOUTHERN STATE COLLEG - 6-01-04 6-01-2004 20014401 OLD DOMINION UNIVERSITY 135,000.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/28 SYSTEM CREDITS (ESCROW DISBURSEMENT) - ----------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 5/28 SYSTEM DEBIT (ESCROW DISBURSEMENT) - ----------------------------------------------------------------------------------------------------------------- 6-02-04 6-01-2003 20010801 LONG ISLAND UNIVERSITY - 6-02-04 6-01-2004 20010801 LONG ISLAND UNIVERSITY 30,000.00 6-02-04 6-01-2004 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 5,000.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 06/01 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/01 SYSTEM CREDITS (LESS 351.00 TO COVER OVERDRAFT FROM 5/18 PAYMENT REVERSAL) - ----------------------------------------------------------------------------------------------------------------- 6-03-04 BANK CREDIT FROM 06/02 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/02 SYSTEM CREDITS (LESS 4,068.83 FOR 5/2004 SERVICE FEE) - ----------------------------------------------------------------------------------------------------------------- 6-04-04 BANK DEBITS REPRESENTING 5/2004 SERVICE FEE - ----------------------------------------------------------------------------------------------------------------- 6-21-04 6-30-2004 20023102 VANDERBILT UNIV - 1979 MAYFIELD 5,000.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- 6-22-04 BANK CREDIT FROM 06/21 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/21 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- 6-30-04 6-30-2004 20002401 BOSTON UNIVERITY 14,838.10 6-30-04 7-01-2004 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 - SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- TOTALS: 189,838.10 ============ LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 5-21-04 6-01-2004 20013001 MONTREAT-ANDE 2,400.00 ------------ TOTALS: 2,400.00 ============ LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - ============ GRAND TOTAL: 192,238.10 ============ DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE PRINCIPAL BALANCE PRINCIPAL PAID - ------------------------------------------------------------------------------------------------------------------------------------ 6-01-04 6-01-2004 20009702 KENT STATE UNIVERSITY 9,750.00 9,750.00 650,000.00 - 6-01-04 6-01-2004 20012501 MISSOURI SOUTHERN STATE COLLEG 4,095.00 4,095.00 272,999.99 - 6-01-04 6-01-2004 20014401 OLD DOMINION UNIVERSITY 22,875.00 157,875.00 1,524,999.99 135,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/28 SYSTEM CREDITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 5/28 SYSTEM DEBIT (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- 6-02-04 6-01-2003 20010801 LONG ISLAND UNIVERSITY - - - 8,999.98 6-02-04 6-01-2004 20010801 LONG ISLAND UNIVERSITY 7,125.00 37,125.00 483,999.98 21,000.02 6-02-04 6-01-2004 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 1,620.00 6,620.00 108,000.00 5,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 06/01 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/01 SYSTEM CREDITS (LESS 351.00 TO COVER OVERDRAFT FROM 5/18 PAYMENT REVERSAL) - ---------------------------------------------------------------------------------------------------------------------------------- 6-03-04 BANK CREDIT FROM 06/02 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/02 SYSTEM CREDITS (LESS 4,068.83 FOR 5/2004 SERVICE FEE) - ---------------------------------------------------------------------------------------------------------------------------------- 6-04-04 BANK DEBITS REPRESENTING 5/2004 SERVICE FEE - ---------------------------------------------------------------------------------------------------------------------------------- 6-21-04 6-30-2004 20023102 VANDERBILT UNIV - 1979 MAYFIELD 1,620.00 6,620.00 108,000.00 34,396.12 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 6-22-04 BANK CREDIT FROM 06/21 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/21 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 6-30-04 6-30-2004 20002401 BOSTON UNIVERITY 11,288.82 26,126.92 752,587.58 14,838.10 6-30-04 7-01-2004 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 - - - 140,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- TOTALS: 58,373.82 248,211.92 3,900,587.54 359,234.22 ========================================================= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 5-21-04 6-01-2004 20013001 MONTREAT-ANDE 1,344.00 3,744.00 89,600.00 ----------------------------------------- TOTALS: 1,344.00 3,744.00 89,600.00 ========================================= LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - - - ========================================= GRAND TOTAL: 59,717.82 251,955.92 3,990,187.54 ========================================= DATE GMACCM NET SYSTEM TOTAL BANK RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST PAID SUSPENSE TOTAL PAID CREDITS CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 6-01-04 6-01-2004 20009702 KENT STATE UNIVERSITY 9,750.00 - 9,750.00 6-01-04 6-01-2004 20012501 MISSOURI SOUTHERN STATE COLLEG 4,095.00 - 4,095.00 6-01-04 6-01-2004 20014401 OLD DOMINION UNIVERSITY 22,875.00 - 157,875.00 SYSTEM CREDITS 171,720.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 5/28 SYSTEM CREDITS (ESCROW DISBURSEMENT) 807.59 - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 5/28 SYSTEM DEBIT (ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ 6-02-04 6-01-2003 20010801 LONG ISLAND UNIVERSITY 0.00 0.00 8,999.98 6-02-04 6-01-2004 20010801 LONG ISLAND UNIVERSITY 7,125.00 0.00 28,125.02 6-02-04 6-01-2004 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 1,620.00 0.00 6,620.00 SYSTEM CREDITS 43,745.00 - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 06/01 SYSTEM CREDITS 171,720.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 6/01 SYSTEM CREDITS (LESS 351.00 TO COVER OVERDRAFT FROM 5/18 PAYMENT REVERSAL) - ------------------------------------------------------------------------------------------------------------------------------------ 6-03-04 BANK CREDIT FROM 06/02 SYSTEM CREDITS 43,745.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 6/02 SYSTEM CREDITS (LESS 4,068.83 FOR 5/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------------ 6-04-04 BANK DEBITS REPRESENTING 5/2004 SERVICE FEE - ------------------------------------------------------------------------------------------------------------------------------------ 6-21-04 6-30-2004 20023102 VANDERBILT UNIV - 1979 MAYFIELD 6,026.88 - 40,423.00 SYSTEM CREDITS 40,423.00 - ------------------------------------------------------------------------------------------------------------------------------------ 6-22-04 BANK CREDIT FROM 06/21 SYSTEM CREDITS 40,423.00 - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 6/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 6-30-04 6-30-2004 20002401 BOSTON UNIVERITY 11,288.82 - 26,126.92 6-30-04 7-01-2004 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 23,850.00 - 163,850.00 SYSTEM CREDITS 189,976.92 - ------------------------------------------------------------------------------------------------------------------------------------ TOTALS: 86,630.70 - 445,864.92 445,864.92 256,695.59 =========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 5-21-04 6-01-2004 20013001 MONTREAT-ANDE TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL: DATE GMACCM FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME WIRES OTHER WIRES - -------------------------------------------------------------------------------------------------------------------------------- 6-01-04 6-01-2004 20009702 KENT STATE UNIVERSITY 6-01-04 6-01-2004 20012501 MISSOURI SOUTHERN STATE COLLEG 6-01-04 6-01-2004 20014401 OLD DOMINION UNIVERSITY SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 5/28 SYSTEM CREDITS (ESCROW DISBURSEMENT) - ----------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 5/28 SYSTEM DEBIT (ESCROW DISBURSEMENT) 807.59 - ----------------------------------------------------------------------------------------------------------------------------- 6-02-04 6-01-2003 20010801 LONG ISLAND UNIVERSITY 6-02-04 6-01-2004 20010801 LONG ISLAND UNIVERSITY 6-02-04 6-01-2004 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 06/01 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/01 SYSTEM CREDITS (LESS 351.00 TO COVER OVERDRAFT FROM 5/18 PAYMENT REVERSAL) 171,369.00 - ----------------------------------------------------------------------------------------------------------------------------- 6-03-04 BANK CREDIT FROM 06/02 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/02 SYSTEM CREDITS (LESS 4,068.83 FOR 5/2004 SERVICE FEE) 39,676.17 - ----------------------------------------------------------------------------------------------------------------------------- 6-04-04 BANK DEBITS REPRESENTING 5/2004 SERVICE FEE 4,068.83 - ----------------------------------------------------------------------------------------------------------------------------- 6-21-04 6-30-2004 20023102 VANDERBILT UNIV - 1979 MAYFIELD SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 6-22-04 BANK CREDIT FROM 06/21 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/21 SYSTEM CREDITS 40,423.00 - ----------------------------------------------------------------------------------------------------------------------------- 6-30-04 6-30-2004 20002401 BOSTON UNIVERITY 6-30-04 7-01-2004 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- TOTALS: 251,468.17 4,876.42 ========================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 5-21-04 6-01-2004 20013001 MONTREAT-ANDE TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION JUNE-04 TOTAL SYSTEM CREDITS @ 6/30 445,864.92 ----------- TOTAL BANK CREDITS 256,695.59 ----------- 6/1/2004 ESCROW DISBURSEMENTS (807.59) 6/30/2004 DEPOSIT IN TRANSIT 189,976.92 ADJUSTED BANK CREDITS: 445,864.92 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION JUNE-04 TOTAL SYSTEM/BANK CREDITS @ 6/30 445,864.92 ========== TOTAL DEBITS TO TRUSTEE @ 6/30 251,468.17 ========== 6/2/2004 Fund overdraft (partial) 351.00 6/4/2004 5/2004 Service Fee 4,068.83 6/30/2004 Deposit in Transit 189,976.92 ADJUSTED DEBITS TO TRUSTEE 445,864.92 ========== 0.00
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR JULY 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE 7-01-04 -- 20001002 APPALACHIAN STATE UNIVERSITY 139,000.00 7-01-04 7-01-04 20003901 COLLEGE OF CHARLESTON 55,000.00 7-01-04 -- 20009101 IOWA STATE UNIV OF SCI & TECH 125,000.00 7-01-04 7-01-04 20020803 UNIVERSITY OF FLORIDA - SYSTEM CREDITS - ------------------------------------------------------------------------------------- BANK CREDIT FROM 06/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-02-04 7-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA - SYSTEM CREDITS - ------------------------------------------------------------------------------------- BANK CREDIT FROM 71/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/1/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-06-04 7-01-2004 20009201 JACKSON STATE COLLEGE - 7-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE 10,000.00 7-06-04 1-01-2005 20012401 MISSISSIPPI VALLEY ST. COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------- BANK CREDITS FROM 7/2/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/2/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 6/2004 SERVICE FEE ($1,178.35)AND 2ND QTR. PROPERTY INSPECTIONS ($3,350.00) - ------------------------------------------------------------------------------------- 7-07-04 -- -- -- - ------------------------------------------------------------------------------------- BANK CREDITS FROM 7/6/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/6/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-08-04 7-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY 45,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-09-04 7-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 42,000.00 7-09-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - SYSTEM CREDITS - ------------------------------------------------------------------------------------- BANK CREDIT FROM 7/8/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/8/04 FOR SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-12-04 - ------------------------------------------------------------------------------------- BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------- BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS(ECROW HELD PAYMENT) - ------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/09/04 FOR SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-22-04 -- 20018701 SOUMI COLLEGE 7-22-04 -- 20018701 SOUMI COLLEGE SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-23-04 - ------------------------------------------------------------------------------------- BANK CREDITS FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSMENT) - ------------------------------------------------------------------------------------- BANK DEBIT FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------- 7-26-04 8-01-2004 20040726 LAREDO MUNICIPAL JR. COLLEGE -- SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-27-04 - ------------------------------------------------------------------------------------- BANK CREDIT FROM 7/26/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------- WIRES TO TRUSTEE FOR 7/26/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------- 7-28-04 0 20018701 SOUMI COLLEGE -- 7-28-04 11-08-2003 20018701 SOUMI COLLEGE -- SYSTEM CREDITS - ------------------------------------------------------------------------------------- TOTALS: 416,000.00 ========== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 6-30-04 7-01-2004 20022401 SOUTH FLORIDA 140,000.00 ---------- TOTALS: 140,000.00 ========== LOANS DUE IN CURRENT PERIOD NOT YET PAID: 7-01-2004 20012401 MISSISSIPPI V 10,000.00 TOTALS: 10,000.00 ========== GRAND TOTAL: 566,000.00 ========== DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE PRINCIPAL BALANCE PRINCIPAL PAID 7-01-04 -- 20001002 APPALACHIAN STATE UNIVERSITY 2,085.00 141,085.00 139,000.00 139,000.00 7-01-04 7-01-04 20003901 COLLEGE OF CHARLESTON 11,550.00 66,550.00 770,000.00 55,000.00 7-01-04 -- 20009101 IOWA STATE UNIV OF SCI & TECH 7,500.00 132,500.00 500,000.00 500,000.00 7-01-04 7-01-04 20020803 UNIVERSITY OF FLORIDA 1,695.00 1,695.00 113,000.00 - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 06/30 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/30 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 7-02-04 7-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA 16,125.00 16,125.00 1,075,000.00 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 71/04 FROM SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/1/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 7-06-04 7-01-2004 20009201 JACKSON STATE COLLEGE 2,250.00 2,250.00 150,000.00 0.00 7-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE 750.00 10,750.00 50,000.00 10,000.00 7-06-04 1-01-2005 20012401 MISSISSIPPI VALLEY ST. COLLEGE - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/2/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/2/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 6/2004 SERVICE FEE ($1,178.35)AND 2ND QTR. PROPERTY INSPECTIONS ($3,350.00) - ---------------------------------------------------------------------------------------------------------------------------------- 7-07-04 -- -- -- -- -- -- - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/6/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/6/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 7-08-04 7-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY 2,025.00 47,025.00 135,000.00 45,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 7-09-04 7-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3,330.00 45,330.00 222,000.00 42,000.00 7-09-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - - - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 7/8/04 FROM SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/8/04 FOR SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 7-12-04 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS(ECROW HELD PAYMENT) - --------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/09/04 FOR SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------------------- 7-22-04 -- 20018701 SOUMI COLLEGE - 7-22-04 -- 20018701 SOUMI COLLEGE - SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------------------- 7-23-04 - --------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSMENT) - --------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSEMENT) - --------------------------------------------------------------------------------------------------------------------------------- 7-26-04 8-01-2004 20040726 LAREDO MUNICIPAL JR. COLLEGE -- -- -- 22,000.00 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------------------- 7-27-04 - --------------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 7/26/04 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------------------- WIRES TO TRUSTEE FOR 7/26/04 FROM SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------------------- 7-28-04 0 20018701 SOUMI COLLEGE -- -- -- 0.00 7-28-04 11-08-2003 20018701 SOUMI COLLEGE -- -- -- 0.00 SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------------------- TOTALS: 47,310.00 463,310.00 3,154,000.00 813,000.00 ======================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 6-30-04 7-01-2004 20022401 SOUTH FLORIDA 23,850.00 163,850.00 1,590,000.00 --------------------------------------- TOTALS: 23,850.00 163,850.00 1,590,000.00 ======================================= LOANS DUE IN CURRENT PERIOD NOT YET PAID: 7-01-2004 20012401 MISSISSIPPI V 750.00 10,750.00 50,000.00 TOTALS: 750.00 10,750.00 50,000.00 ======================================= GRAND TOTAL: 71,910.00 637,910.00 4,794,000.00 ======================================= DATE GMACCM NET SYSTEM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST PAID SUSPENSE TOTAL PAID CREDITS 7-01-04 -- 20001002 APPALACHIAN STATE UNIVERSITY 2,085.00 0.00 141,085.00 7-01-04 7-01-04 20003901 COLLEGE OF CHARLESTON 11,550.00 0.00 66,550.00 7-01-04 -- 20009101 IOWA STATE UNIV OF SCI & TECH 7,500.00 0.00 507,500.00 7-01-04 7-01-04 20020803 UNIVERSITY OF FLORIDA 1,695.00 0.00 1,695.00 SYSTEM CREDITS 716,830.00 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 06/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 6/30 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ 7-02-04 7-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA 16,125.00 0.00 16,125.00 SYSTEM CREDITS 16,125.00 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 71/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 7/1/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ 7-06-04 7-01-2004 20009201 JACKSON STATE COLLEGE 2,250.00 0.00 2,250.00 7-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE 749.99 0.00 10,749.99 7-06-04 1-01-2005 20012401 MISSISSIPPI VALLEY ST. COLLEGE 0.01 - 0.01 SYSTEM CREDITS 13,000.00 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 7/2/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 7/2/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ BANK DEBITS REPRESENTING 6/2004 SERVICE FEE ($1,178.35)AND 2ND QTR. PROPERTY INSPECTIONS ($3,350.00) - ------------------------------------------------------------------------------------------------------------------------ 7-07-04 -- -- -- -- -- - ------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 7/6/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 7/6/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ 7-08-04 7-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY 2,025.00 - 47,025.00 SYSTEM CREDITS 47,025.00 - ------------------------------------------------------------------------------------------------------------------------ 7-09-04 7-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3,330.00 - 45,330.00 7-09-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - 1,455.00 1,455.00 SYSTEM CREDITS 46,785.00 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 7/8/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 7/8/04 FOR SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ 7-12-04 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS(ECROW HELD PAYMENT) - ------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FOR 7/09/04 FOR SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ 7-22-04 -- 20018701 SOUMI COLLEGE - - 7-22-04 -- 20018701 SOUMI COLLEGE - - SYSTEM CREDITS - - ------------------------------------------------------------------------------------------------------------------------ 7-23-04 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSMENT) - ------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------ 7-26-04 8-01-2004 20040726 LAREDO MUNICIPAL JR. COLLEGE 2,175.00 - 24,175.00 SYSTEM CREDITS 24,175.00 - ------------------------------------------------------------------------------------------------------------------------ 7-27-04 - ------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 7/26/04 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ WIRES TO TRUSTEE FOR 7/26/04 FROM SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------ 7-28-04 0 20018701 SOUMI COLLEGE 0.00 -21,577.37 -21,577.37 7-28-04 11-08-2003 20018701 SOUMI COLLEGE 21,577.37 0.00 21,577.37 SYSTEM CREDITS 21,577.37 - ------------------------------------------------------------------------------------------------------------------------ TOTALS: 71,062.37 (20,122.37) 863,940.00 885,517.37 =============================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 6-30-04 7-01-2004 20022401 SOUTH FLORIDA TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 7-01-2004 20012401 MISSISSIPPI V TOTALS: GRAND TOTAL: DATE GMACCM TOTAL BANK FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME CREDITS WIRES OTHER WIRES 7-01-04 -- 20001002 APPALACHIAN STATE UNIVERSITY 7-01-04 7-01-04 20003901 COLLEGE OF CHARLESTON 7-01-04 -- 20009101 IOWA STATE UNIV OF SCI & TECH 7-01-04 7-01-04 20020803 UNIVERSITY OF FLORIDA SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 06/30 SYSTEM CREDITS 189,976.92 - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 6/30 SYSTEM CREDITS 189,976.92 - ----------------------------------------------------------------------------------------------------------------- 7-02-04 7-01-2004 20021603 UNIVERSITY OF NORTH CAROLINA SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 71/04 FROM SYSTEM CREDITS 716,830.00 - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/1/04 SYSTEM CREDITS 712,301.65 - ----------------------------------------------------------------------------------------------------------------- 7-06-04 7-01-2004 20009201 JACKSON STATE COLLEGE 7-06-04 7-01-2004 20012401 MISSISSIPPI VALLEY ST. COLLEGE 7-06-04 1-01-2005 20012401 MISSISSIPPI VALLEY ST. COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/2/04 SYSTEM CREDITS 16,125.00 - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/2/04 SYSTEM CREDITS 16,125.00 - ----------------------------------------------------------------------------------------------------------------- BANK DEBITS REPRESENTING 6/2004 SERVICE FEE ($1,178.35)AND 2ND QTR. PROPERTY INSPECTIONS ($3,350.00) 4,528.35 - ----------------------------------------------------------------------------------------------------------------- 7-07-04 -- -- - ----------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/6/04 SYSTEM CREDITS 13,000.00 - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/6/04 SYSTEM CREDITS 13,000.00 - ----------------------------------------------------------------------------------------------------------------- 7-08-04 7-01-2004 20006801 FLORIDA ATLANTIC UNIVERSITY SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- 7-09-04 7-01-2004 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 7-09-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 7/8/04 FROM SYSTEM CREDITS 47,025.00 - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/8/04 FOR SYSTEM CREDITS 47,025.00 - ----------------------------------------------------------------------------------------------------------------- 7-12-04 - ----------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS 45,330.00 - ----------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/09/04 FROM SYSTEM CREDITS(ECROW HELD PAYMENT) 1,455.00 - ----------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 7/09/04 FOR SYSTEM CREDITS 46,785.00 - ----------------------------------------------------------------------------------------------------------------- 7-22-04 -- 20018701 SOUMI COLLEGE 7-22-04 -- 20018701 SOUMI COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- 7-23-04 - ----------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSMENT) 44,679.00 - ----------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 7/22/04 SYSTEM CREDITS(ESCROW DISBURSEMENT) 44,679.00 - ----------------------------------------------------------------------------------------------------------------- 7-26-04 8-01-2004 20040726 LAREDO MUNICIPAL JR. COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- 7-27-04 - ----------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 7/26/04 SYSTEM CREDITS 24,175.00 - ----------------------------------------------------------------------------------------------------------------- WIRES TO TRUSTEE FOR 7/26/04 FROM SYSTEM CREDITS 24,175.00 - ----------------------------------------------------------------------------------------------------------------- 7-28-04 0 20018701 SOUMI COLLEGE 7-28-04 11-08-2003 20018701 SOUMI COLLEGE SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------- TOTALS: 1,098,595.92 1,049,388.57 49,207.35 ======================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 6-30-04 7-01-2004 20022401 SOUTH FLORIDA TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 7-01-2004 20012401 MISSISSIPPI V TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION JULY-04 TOTAL SYSTEM CREDITS @ 7/31 885,517.37 ------------ TOTAL BANK CREDITS 1,098,595.92 ------------ 7/1/2004 TRANSACTION IN TRANSIT (189,976.92) 7/23/2004 ESCROW DISBURSTMENT (44,679.00) 7/28/2004 TRANSACTION IN TRANSIT 21,577.37 ADJUSTED BANK CREDITS: 885,517.37 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION JULY-04 TOTAL SYSTEM/BANK CREDITS @ 7/31 885,517.37 ============ TOTAL DEBITS TO TRUSTEE@ 7/31 1,049,388.57 ============ 7/1/2004 TRANSACTION IN TRANSIT (189,976.92) 7/6/2004 6/2004 SERVICE FEE AND 2ND QTR PROPERTY INSPECTIONS 4,528.35 7/28/2004 TRANSACTION IN TRANSIT 21,577.37 ADJUSTED DEBITS TO TRUSTEE 885,517.37 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR AUGUST 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE - ---------------------------------------------------------------------------------------- 8-02-04 8-01-2004 20006901 FLORIDA INST OF TECH, INC - 8-02-04 8-01-2004 20018601 STILLMAN COLLEGE - 8-02-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 155,000.00 8-02-04 2-01-2005 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS - SYSTEM CREDITS - ---------------------------------------------------------------------------------------- 8-03-04 8-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 8,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------- BANK CREDITS FROM 8/2/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/2/04 SYSTEM CREDITS - ---------------------------------------------------------------------------------------- 8-04-04 BANK CREDITS FROM 8/3/2004 SYSTEM CREDITS - ---------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/3/2004 SYSTEM CREDITS-(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $1,330.00) - ---------------------------------------------------------------------------------------- 8-09-04 - - - BANK DEBIT REPRESENTING 7/2004 SERVICE FEE ($1,331.30) - ---------------------------------------------------------------------------------------- 8-12-04 -- 20018701 SOUMI COLLEGE - SYSTEMS CREDITS - ---------------------------------------------------------------------------------------- 8-13-04 BANK CREDITS FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSMENT) - ---------------------------------------------------------------------------------------- BANK DEBIT FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------- 8-17-04 8-01-2004 20018701 SOUMI COLLEGE - SYSTEM CREDITS - ---------------------------------------------------------------------------------------- BANK CREDITS FROM 8/16/2004 SYSTEM CREDITS - ---------------------------------------------------------------------------------------- BANK DEBIT FROM 8/16/2004 SYSTEM CREDITS(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $.30) - ---------------------------------------------------------------------------------------- 8-31-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - 8-31-04 7-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - SYSTEM CREDITS - ---------------------------------------------------------------------------------------- TOTALS: 163,000.00 ========== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 7-26-04 8-01-2004 20022401 LAREDO MUN. J 22,000.00 ---------- TOTALS: 22,000.00 ========== LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - ========== GRAND TOTAL: 185,000.00 ========== DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE PRINCIPAL BALANCE PRINCIPAL PAID - ------------------------------------------------------------------------------------------------------------------------------------ 8-02-04 8-01-2004 20006901 FLORIDA INST OF TECH, INC 255.00 255.00 17,000.00 - 8-02-04 8-01-2004 20018601 STILLMAN COLLEGE 150.00 150.00 10,000.00 - 8-02-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 4,633.43 159,633.43 308,895.00 155,000.00 8-02-04 2-01-2005 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS - - - - SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 8-03-04 8-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 1,665.00 9,665.00 111,000.00 8,000.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/2/04 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/2/04 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 8-04-04 BANK CREDITS FROM 8/3/2004 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/3/2004 SYSTEM CREDITS-(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $1,330.00) - ----------------------------------------------------------------------------------------------------------------------------------- 8-09-04 - - - - - - BANK DEBIT REPRESENTING 7/2004 SERVICE FEE ($1,331.30) - ----------------------------------------------------------------------------------------------------------------------------------- 8-12-04 -- 20018701 SOUMI COLLEGE 21,577.37 21,577.37 2,876,983.12 - SYSTEMS CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- 8-13-04 BANK CREDITS FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSMENT) - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ----------------------------------------------------------------------------------------------------------------------------------- 8-17-04 8-01-2004 20018701 SOUMI COLLEGE - - - - SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/16/2004 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/16/2004 SYSTEM CREDITS(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $.30) - ----------------------------------------------------------------------------------------------------------------------------------- 8-31-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - - - - 8-31-04 7-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - - - 5,000.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- TOTALS: 28,280.80 191,280.80 3,323,878.12 168,000.00 ========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 7-26-04 8-01-2004 20022401 LAREDO MUN. J 2,175.00 24,175.00 145,000.00 ------------------------------------------- TOTALS: 2,175.00 24,175.00 145,000.00 =========================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - - - =========================================== GRAND TOTAL: 30,455.80 215,455.80 3,468,878.12 =========================================== DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST PAID SUSPENSE TOTAL PAID - ----------------------------------------------------------------------------------------------------------------------------- 8-02-04 8-01-2004 20006901 FLORIDA INST OF TECH, INC 255.00 0.00 255.00 8-02-04 8-01-2004 20018601 STILLMAN COLLEGE 150.00 0.00 150.00 8-02-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 4,583.94 0.00 159,583.94 8-02-04 2-01-2005 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 66.06 0.00 66.06 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 8-03-04 8-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE 1,665.00 0.00 9,665.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/2/04 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/2/04 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 8-04-04 BANK CREDITS FROM 8/3/2004 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/3/2004 SYSTEM CREDITS-(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $1,330.00) - ----------------------------------------------------------------------------------------------------------------------------- 8-09-04 - - - - BANK DEBIT REPRESENTING 7/2004 SERVICE FEE ($1,331.30) - ----------------------------------------------------------------------------------------------------------------------------- 8-12-04 -- 20018701 SOUMI COLLEGE - - - SYSTEMS CREDITS - ----------------------------------------------------------------------------------------------------------------------------- 8-13-04 BANK CREDITS FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSMENT) - ----------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ----------------------------------------------------------------------------------------------------------------------------- 8-17-04 8-01-2004 20018701 SOUMI COLLEGE - 540,702.37 540,702.37 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/16/2004 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/16/2004 SYSTEM CREDITS(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $.30) - ----------------------------------------------------------------------------------------------------------------------------- 8-31-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB - (1,455.00) (1,455.00) 8-31-04 7-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 1,455.00 - 6,455.00 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------- TOTALS: 8,175.00 539,247.37 715,422.37 ==================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 7-26-04 8-01-2004 20022401 LAREDO MUN. J TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL: DATE GMACCM NET SYSTEM TOTAL BANK FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME CREDITS CREDITS WIRES OTHER WIRES - -------------------------------------------------------------------------------------------------------------------------------- 8-02-04 8-01-2004 20006901 FLORIDA INST OF TECH, INC 8-02-04 8-01-2004 20018601 STILLMAN COLLEGE 8-02-04 8-01-2004 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 8-02-04 2-01-2005 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS SYSTEM CREDITS 160,055.00 - -------------------------------------------------------------------------------------------------------------------------------- 8-03-04 8-01-2004 20002501 WILLIAM JENNINGS BRYAN COLLEGE SYSTEM CREDITS 9,665.00 - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/2/04 SYSTEM CREDITS 160,055.00 - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/2/04 SYSTEM CREDITS 160,055.00 - -------------------------------------------------------------------------------------------------------------------------------- 8-04-04 BANK CREDITS FROM 8/3/2004 SYSTEM CREDITS 9,665.00 - -------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FOR 8/3/2004 SYSTEM CREDITS-(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $1,330.00) 8,334.00 - -------------------------------------------------------------------------------------------------------------------------------- 8-09-04 - - BANK DEBIT REPRESENTING 7/2004 SERVICE FEE ($1,331.30) 1,331.30 - -------------------------------------------------------------------------------------------------------------------------------- 8-12-04 -- 20018701 SOUMI COLLEGE SYSTEMS CREDITS 0.00 - -------------------------------------------------------------------------------------------------------------------------------- 8-13-04 BANK CREDITS FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSMENT) 3,047.99 - -------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/12/2004 SYSTEM CREDITS(ESCROW DISBURSEMENT) 3,047.99 - -------------------------------------------------------------------------------------------------------------------------------- 8-17-04 8-01-2004 20018701 SOUMI COLLEGE SYSTEM CREDITS 540,702.37 - -------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/16/2004 SYSTEM CREDITS 540,702.37 - -------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/16/2004 SYSTEM CREDITS(MINUS 7/2004 SERVICE FEE IN THE AMOUNT OF $.30) 540,702.07 - -------------------------------------------------------------------------------------------------------------------------------- 8-31-04 -- 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 8-31-04 7-01-2004 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB SYSTEM CREDITS 5,000.00 - -------------------------------------------------------------------------------------------------------------------------------- TOTALS: 715,422.37 713,470.36 709,091.07 4,379.29 ====================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 7-26-04 8-01-2004 20022401 LAREDO MUN. J TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION AUGUST-04 TOTAL SYSTEM CREDITS @ 8/31 710,422.37 ---------- TOTAL BANK CREDITS 713,470.36 ---------- 8/13/2004 ESCROW DISBURSEMENT (3,047.99) ---------- ADJUSTED BANK CREDITS: 710,422.37 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION AUGUST-04 TOTAL SYSTEM/BANK CREDITS @ 8/31 710,422.37 ========== TOTAL DEBITS TO TRUSTEE @ 8/31 709,091.07 ========== 8/9/2004 7/2004 SERVICE FEE 1,331.30 ADJUSTED DEBITS TO TRUSTEE 710,422.37 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR SEPTEMBER 2004
DATE GMACCM PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME DUE INTEREST DUE - ----------------------------------------------------------------------------------------------------- 9-01-04 9-01-2004 20000902 ANDERSON COLLEGE 0.00 2,250.00 9-01-04 9-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY 130,000.00 6,075.00 9-01-04 -- 20018701 SOUMI COLLEGE - - 9-01-04 9-01-2004 20019502 TEXAS TECH. UNIVERSITY 0.00 8,573.12 9-01-04 9-01-2004 20019504 TEXAS TECH. UNIVERSITY 0.00 53,071.88 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/31 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/31 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 8/31 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- 9-02-04 9-02-2004 20018701 SOUMI COLLEGE - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/ SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- 9-03-04 BANK CREDITS FROM 9/2 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/2 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------- 9-15-04 -- 20018701 SOUMI COLLEGE - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- 9-16-04 -- 20018701 SOUMI COLLEGE - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/15 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/15 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------- 9-17-04 BANK CREDITS FROM 9/16 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/16 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------- 9-22-04 10-01-2004 20007201 FOOTHILL COLLEGE - - 9-22-04 -- 20007201 FOOTHILL COLLEGE - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- 9-23-04 11-08-2003 20018701 SOUMI COLLEGE - - 9-23-04 0 20018701 SOUMI COLLEGE - - 9-23-04 -- 20018701 SOUMI COLLEGE - - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/22 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/22 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/22 SYSTEM CREDITS (MINUS SERVICE FEE IN THE AMT OF $132.26) - ---------------------------------------------------------------------------------------------------- BANK DEBIT REPRESENTING 8/2004 SERVICE FEE ($132.26) - ---------------------------------------------------------------------------------------------------- 9-24-04 BANK CREDITS FROM 9/23 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/23 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------- 9-27-04 -- 20007201 FOOTHILL COLLEGE - - SYSTEM DEBIT - ---------------------------------------------------------------------------------------------------- 9-28-04 10-01-2004 20002201 BLACK HILLS STATE COLLEGE - - 9-28-04 10-01-2004 20002202 BLACK HILLS STATE COLLEGE - - SYSTEM CREDIT - ---------------------------------------------------------------------------------------------------- SYTEM DEBIT FROM 9/27 SYSTEM DEBIT - ---------------------------------------------------------------------------------------------------- 9-28-04 BANK CREDIT FROM 9/28 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/28 SYSTEM CREDITS (MINUS $4,110.00 TO COVER OVERDRAFT FROM 9/28) - ---------------------------------------------------------------------------------------------------- 130,000.00 69,970.0 ======================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: TOTALS: - - ======================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - - ======================== GRAND TOTAL: 130,000.00 69,970.0 ======================== DATE GMACCM PRINCIPAL PRINCIPAL INTEREST RECEIVED DATE DUE NUMBER BORROWER NAME TOTAL DUE BALANCE PAID PAID SUSPENSE - ------------------------------------------------------------------------------------------------------------------------------------ 9-01-04 9-01-2004 20000902 ANDERSON COLLEGE 2,250.00 150,000.00 0.00 2,250.00 0.00 9-01-04 9-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY 136,075.00 405,000.00 130,000.00 6,075.00 0.00 9-01-04 -- 20018701 SOUMI COLLEGE - - 0.00 0.00 15,075.52 9-01-04 9-01-2004 20019502 TEXAS TECH. UNIVERSITY 8,573.12 473,000.00 0.00 8,573.12 0.00 9-01-04 9-01-2004 20019504 TEXAS TECH. UNIVERSITY 53,071.88 3,145,000.00 0.00 53,071.88 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 8/31 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 8/31 SYSTEM DEBITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 8/31 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 9-02-04 9-02-2004 20018701 SOUMI COLLEGE - - 0.00 0.00 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 9/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 9/ SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 9/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 9-03-04 BANK CREDITS FROM 9/2 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 9/2 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ 9-15-04 -- 20018701 SOUMI COLLEGE - - 0.00 0.00 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 9-16-04 -- 20018701 SOUMI COLLEGE - - 0.00 0.00 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 9/15 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 9/15 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ 9-17-04 BANK CREDITS FROM 9/16 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBITS FROM 9/16 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ------------------------------------------------------------------------------------------------------------------------------------ 9-22-04 10-01-2004 20007201 FOOTHILL COLLEGE - - 20,000.00 900.00 0.00 9-22-04 -- 20007201 FOOTHILL COLLEGE - - 0.00 0.00 4,110.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 9-23-04 11-08-2003 20018701 SOUMI COLLEGE - - 450,000.00 0.00 0.00 9-23-04 0 20018701 SOUMI COLLEGE - - 0.00 0.00 -450,000.00 9-23-04 -- 20018701 SOUMI COLLEGE - - 0.00 0.00 0.00 - - SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/22 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/22 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/22 SYSTEM CREDITS (MINUS SERVICE FEE IN THE AMT OF $132.26) - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT REPRESENTING 8/2004 SERVICE FEE ($132.26) - ----------------------------------------------------------------------------------------------------------------------------------- 9-24-04 BANK CREDITS FROM 9/23 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/23 SYSTEM DEBITS - ----------------------------------------------------------------------------------------------------------------------------------- 9-27-04 -- 20007201 FOOTHILL COLLEGE - - - - (4,110.00) SYSTEM DEBIT - ----------------------------------------------------------------------------------------------------------------------------------- 9-28-04 10-01-2004 20002201 BLACK HILLS STATE COLLEGE - - 20,000.00 510.00 0.00 9-28-04 10-01-2004 20002202 BLACK HILLS STATE COLLEGE - - 12,000.00 690.00 0.00 SYSTEM CREDIT - ----------------------------------------------------------------------------------------------------------------------------------- SYTEM DEBIT FROM 9/27 SYSTEM DEBIT - ----------------------------------------------------------------------------------------------------------------------------------- 9-28-04 BANK CREDIT FROM 9/28 SYSTEM CREDITS - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/28 SYSTEM CREDITS (MINUS $4,110.00 TO COVER OVERDRAFT FROM 9/28) - ----------------------------------------------------------------------------------------------------------------------------------- 199,970.00 4,173,000.00 632,000.00 72,070.00 (434,924.48) ======================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: TOTALS: - - ======================= LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: - - ======================= GRAND TOTAL: 199,970.00 4,173,000.00 ======================= FIRST ACH DEBITS DATE GMACCM NET SYSTEM TOTAL BANK CHICAGO AND RECEIVED DATE DUE NUMBER BORROWER NAME TOTAL PAID CREDITS CREDITS WIRES OTHER WIRES - ----------------------------------------------------------------------------------------------------------------------------------- 9-01-04 9-01-2004 20000902 ANDERSON COLLEGE 2,250.00 9-01-04 9-01-2004 20013801 NORTH CAROLINA STATE UNIVERSITY 136,075.00 9-01-04 -- 20018701 SOUMI COLLEGE 15,075.52 9-01-04 9-01-2004 20019502 TEXAS TECH. UNIVERSITY 8,573.12 9-01-04 9-01-2004 20019504 TEXAS TECH. UNIVERSITY 53,071.88 SYSTEM CREDITS 215,045.52 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 8/31 SYSTEM CREDITS 6,455.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 8/31 SYSTEM DEBITS 1,455.00 - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 8/31 SYSTEM CREDITS 5,000.00 - ----------------------------------------------------------------------------------------------------------------------------------- 9-02-04 9-02-2004 20018701 SOUMI COLLEGE 0.00 SYSTEM CREDITS 0.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/1 SYSTEM CREDITS 15,075.52 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/ SYSTEM CREDITS 199,970.00 - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/1 SYSTEM CREDITS 215,045.52 - ----------------------------------------------------------------------------------------------------------------------------------- 9-03-04 BANK CREDITS FROM 9/2 SYSTEM CREDITS(ESCROW DISBURSEMENT) 900.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/2 SYSTEM DEBITS (ESCROW DISBURSEMENT) 900.00 - ----------------------------------------------------------------------------------------------------------------------------------- 9-15-04 -- 20018701 SOUMI COLLEGE 0.00 SYSTEM CREDITS 0.00 - ----------------------------------------------------------------------------------------------------------------------------------- 9-16-04 -- 20018701 SOUMI COLLEGE 0.00 SYSTEM CREDITS 0.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/15 SYSTEM CREDITS(ESCROW DISBURSEMENT) 3,370.50 - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/15 SYSTEM DEBITS (ESCROW DISBURSEMENT) 3,370.50 - ----------------------------------------------------------------------------------------------------------------------------------- 9-17-04 BANK CREDITS FROM 9/16 SYSTEM CREDITS(ESCROW DISBURSEMENT) 3,555.85 - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/16 SYSTEM DEBITS (ESCROW DISBURSEMENT) 3,555.85 - ----------------------------------------------------------------------------------------------------------------------------------- 9-22-04 10-01-2004 20007201 FOOTHILL COLLEGE 20,900.00 9-22-04 -- 20007201 FOOTHILL COLLEGE 4,110.00 SYSTEM CREDITS 25,010.00 - ----------------------------------------------------------------------------------------------------------------------------------- 9-23-04 11-08-2003 20018701 SOUMI COLLEGE 450,000.00 9-23-04 0 20018701 SOUMI COLLEGE (450,000.00) 9-23-04 -- 20018701 SOUMI COLLEGE - SYSTEM CREDITS 0.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/22 SYSTEM CREDITS 20,900.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 9/22 SYSTEM CREDITS 4,110.00 - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/22 SYSTEM CREDITS (MINUS SERVICE FEE IN THE AMT OF $132.26) 24,877.74 - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT REPRESENTING 8/2004 SERVICE FEE ($132.26) 132.26 - ----------------------------------------------------------------------------------------------------------------------------------- 9-24-04 BANK CREDITS FROM 9/23 SYSTEM CREDITS 450,000.00 - ----------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 9/23 SYSTEM DEBITS 450,000.00 - ----------------------------------------------------------------------------------------------------------------------------------- 9-27-04 -- 20007201 FOOTHILL COLLEGE (4,110.00) SYSTEM DEBIT (4,110.00) (4,110.00) - ----------------------------------------------------------------------------------------------------------------------------------- 9-28-04 10-01-2004 20002201 BLACK HILLS STATE COLLEGE 20,510.00 9-28-04 10-01-2004 20002202 BLACK HILLS STATE COLLEGE 12,690.00 SYSTEM CREDIT 33,200.00 - ----------------------------------------------------------------------------------------------------------------------------------- SYTEM DEBIT FROM 9/27 SYSTEM DEBIT 4,110.00 - ----------------------------------------------------------------------------------------------------------------------------------- 9-28-04 BANK CREDIT FROM 9/28 SYSTEM CREDITS - 33,200.00 - ----------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 9/28 SYSTEM CREDITS (MINUS $4,110.00 TO COVER OVERDRAFT FROM 9/28) 29,090.00 - ----------------------------------------------------------------------------------------------------------------------------------- 269,145.52 269,145.52 733,426.87 274,013.26 463,523.61 =========================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION AUGUST-04 TOTAL SYSTEM CREDITS @ 9/30 269,145.52 =========== TOTAL BANK CREDITS 733,426.87 ----------- 8/31/2004 TRANSACTION IN TRANSIT (6,455.00) 9/2/2004 ESCROW DISBURSEMENT (900.00) 9/15/2004 ESCROW DISBURSEMENT (3,370.50) 9/16/2004 ESCROW DISBURSEMENT (3,555.85) 9/23/2004 ESCROW DISBURSEMENT (450,000.00) ----------- ADJUSTED BANK CREDITS: 269,145.52 ===========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION SEPTEMBER-04 TOTAL SYSTEM/BANK CREDITS @ 9/30 269,145.52 ========== TOTAL DEBITS TO TRUSTEE@ 9/30 274,013.26 ========== 9/1/2004 TRANSACTION IN TRANSIT (5,000.00) 9/8/2004 8/2004 SERVICE FEE 132.26 ADJUSTED DEBITS TO TRUSTEE 269,145.52 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION OCTOBER-04 TOTAL SYSTEM/BANK CREDITS @ 10/31 1,484,111.10 ============ TOTAL DEBITS TO TRUSTEE @ 10/31 1,482,963.51 ============ 10/4/2004 TRANSACTION IN TRANSIT 1,106.34 9/2004 SERVICE FEE 10/6/2004 TRANSACTION IN TRANSIT 41.25 9/2004 SERVICE FEE ADJUSTED DEBITS TO TRUSTEE 1,484,111.10 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR OCTOBER 2004
DATE GMACCM RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE - ----------------------------------------------------------------------------------------------------------------------------- 10-01-04 10-01-04 20000101 ALBION COLLEGE 70,000.00 10-01-04 10-01-04 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 0.00 10-01-04 10-01-04 20002101 BIRMINGHAM SOUTHERN COLLEGE 40,000.00 10-01-04 10-01-04 20002102 BIRMINGHAM SOUTHERN COLLEGE 36,000.00 10-01-04 10-01-04 20004001 COLLEGE OF ST. THOMAS 0.00 10-01-04 10-01-04 20004202 VIRGIN ISLANDS COLLEGE 97,000.00 10-01-04 10-01-04 20004401 R.I. JR. COLLEGE 10,000.00 10-01-04 10-01-04 20013501 NEW ENGLAND COLLEGE 25,000.00 10-01-04 10-01-04 20013502 NEW ENGLAND COLLEGE 0.00 10-01-04 10-01-04 20016101 RIVERSIDE HOSPITAL 0.00 10-01-04 10-01-04 20016201 RIVIER COLLEGE 0.00 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 0.00 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 0.00 10-01-04 10-01-04 20019701 TUFTS COLLEGE 86,000.00 10-01-04 10-01-04 20021001 UNIVERSITY OF HAWAII AT MANOA 130,000.00 10-01-04 10-01-04 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 0.00 10-01-04 10-01-04 20022601 UNIVERSITY OF STEUBENVILLE 0.00 10-01-04 10-01-04 20022602 UNIVERSITY OF STEUBENVILLE 0.00 10-01-04 10-01-04 20023901 XAVIER UNIVERSITY OF LOUISIANA 25,000.00 SYSTEM CREDIT - ---------------------------------------------------------------------------------------------------------------------------- 10-04-04 10-01-04 20003001 CASE WESTERN RESERVE UNIVERSIT 10-04-04 10-01-04 20005201 DANIEL WEBSTER COLLEGE 0.00 10-04-04 10-01-04 20006401 EMPORIA STATE UNIVERSITY 0.00 10-04-04 10-01-04 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 0.00 10-04-04 10-01-04 20010802 LONG ISLAND UNIVERSITY 100,000.00 10-04-04 10-01-04 20012101 MIDDLEBURY COLLEGE 40,000.00 10-04-04 10-01-04 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 31,000.00 10-04-04 10-01-04 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 0.00 10-04-04 0 20018001 ST.EDWARDS UNIVERSITY 0.00 10-04-04 10-01-04 20018302 ST. MICHAELS COLLEGE 0.00 10-04-04 0 20018701 SOUMI COLLEGE 0.00 10-04-04 10-01-04 20019401 TEXAS STATE COLLEGE 0.00 10-04-04 10-01-04 20022701 UNIVERSITY OF VERMONT 58,000.00 SYSTEM CREDIT - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-05-04 BANK CREDIT FROM 10/4 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/4 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 10/4 SYSTEM DEBIT - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TUSTEE FROM 10/4 SYSTEM CREDITS(MINUS-$1,106.34 9/2004 SERVICE FEE) - ---------------------------------------------------------------------------------------------------------------------------- 10-06-04 10-01-04 20005801 DRAKE UNIVERSITY 40,000.00 10-06-04 10-01-04 20019101 TAYLOR UNIVERISTY 50,000.00 10-06-04 10-01-04 20023601 WESTERN WASHINGTON STATE COLLEGE 20,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-07-04 10-01-04 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 0.00 10-07-04 10-01-04 20005401 DEAN ACADEMY & JR. COLLEGE 0.00 10-07-04 0 20018701 SOUMI COLLEGE SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FOR 10/6 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/6 SYSTEM CREDITS( MINUS $41.25 9/2004 SERVICE FEE) - ---------------------------------------------------------------------------------------------------------------------------- 10-08-04 BANK CREDITS FROM 10/7 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 10/7 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK DEDIT REPRESENTS 9/2004 SERVICE FEE ($1,147.59) - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/7 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-13-04 10-01-04 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-14-04 10-01-04 20016701 SCRIPPS COLLEGE 45,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 10/13 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/13 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-15-04 BANK CREDITS FROM 10/14 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS-(SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) - ---------------------------------------------------------------------------------------------------------------------------- 10-18-04 11-01-04 20002801 CARNEGIE MELLON UNIVERSITY 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS (SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) - ---------------------------------------------------------------------------------------------------------------------------- 10-19-04 BANK CREDITS FROM 10/18 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/18 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-21-04 10-01-04 20000601 ALMA COLLEGE 0.00 10-21-04 10-01-04 20007902 GRAMBLING COLLEGE 170,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-22-04 BANK CREDITS FROM 10/21 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/21 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-27-04 11-01-04 20016601 SARAH LAWRENCE COLLEGE 0.00 10-27-04 11-01-04 20017801 SPRINGFIELD COLLEGE 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-28-04 11-01-04 20018901 SWARTHMORE COLLEGE 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/27 SYSTEMS CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/27 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 10-29-04 BANK CREDITS FROM 10/28 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/28 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------- 1,073,000.00 ============ LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 9-28-04 10-01-04 20002201 BLACKS HILLS 20,000.00 9-28-04 10-01-04 BLACKS HILLS 12,000.00 TOTALS: 32,000.00 ============ LOANS DUE IN CURRENT PERIOD NOT YET PAID: 10-01-04 20007201 FOOTHILL JUNI 20,000.00 11-01-04 10-01-04 20012601 MISSOURI WEST 31,000.00 TOTALS: 51,000.00 ============ GRAND TOTAL: 1,156,000.00 ============ DATE GMACCM PRINCIPAL PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME INTEREST DUE TOTAL DUE BALANCE PAID - ------------------------------------------------------------------------------------------------------------------------------------ 10-01-04 10-01-04 20000101 ALBION COLLEGE 15,300.00 85,300.00 1,020,000.00 70,000.00 10-01-04 10-01-04 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 15,300.00 15,300.00 1,020,000.00 0.00 10-01-04 10-01-04 20002101 BIRMINGHAM SOUTHERN COLLEGE 1,320.00 41,320.00 88,000.00 40,000.00 10-01-04 10-01-04 20002102 BIRMINGHAM SOUTHERN COLLEGE 4,080.00 40,080.00 272,000.00 36,000.00 10-01-04 10-01-04 20004001 COLLEGE OF ST. THOMAS 6,675.00 6,675.00 445,000.00 0.00 10-01-04 10-01-04 20004202 VIRGIN ISLANDS COLLEGE 1,455.00 98,455.00 97,000.00 97,000.00 10-01-04 10-01-04 20004401 R.I. JR. COLLEGE 4,590.00 14,590.00 306,000.00 10,000.00 10-01-04 10-01-04 20013501 NEW ENGLAND COLLEGE 5,129.37 30,129.37 282,999.99 25,000.00 10-01-04 10-01-04 20013502 NEW ENGLAND COLLEGE 11,925.00 11,925.00 795,000.00 0.00 10-01-04 10-01-04 20016101 RIVERSIDE HOSPITAL 1,215.00 1,215.00 81,000.00 0.00 10-01-04 10-01-04 20016201 RIVIER COLLEGE 8,391.88 8,391.88 463,000.00 0.00 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 2,465.00 2,465.00 136,000.00 0.00 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 0.00 0.00 0.00 0.00 10-01-04 10-01-04 20019701 TUFTS COLLEGE 1,558.75 87,558.75 86,000.00 86,000.00 10-01-04 10-01-04 20021001 UNIVERSITY OF HAWAII AT MANOA 6,000.00 136,000.00 400,000.00 130,000.00 10-01-04 10-01-04 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 20,250.00 20,250.00 1,350,000.00 0.00 10-01-04 10-01-04 20022601 UNIVERSITY OF STEUBENVILLE 3,138.75 3,138.75 186,000.00 0.00 10-01-04 10-01-04 20022602 UNIVERSITY OF STEUBENVILLE 3,750.00 3,750.00 250,000.00 0.00 10-01-04 10-01-04 20023901 XAVIER UNIVERSITY OF LOUISIANA 6,675.00 31,675.00 445,000.00 25,000.00 SYSTEM CREDIT - ------------------------------------------------------------------------------------------------------------------------------------ 10-04-04 10-01-04 20003001 CASE WESTERN RESERVE UNIVERSIT 0.00 10-04-04 10-01-04 20005201 DANIEL WEBSTER COLLEGE 3,900.00 3,900.00 260,000.00 0.00 10-04-04 10-01-04 20006401 EMPORIA STATE UNIVERSITY 3,150.00 3,150.00 210,000.00 0.00 10-04-04 10-01-04 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 630.00 630.00 42,000.00 0.00 10-04-04 10-01-04 20010802 LONG ISLAND UNIVERSITY 3,806.25 103,806.25 203,000.00 100,000.00 10-04-04 10-01-04 20012101 MIDDLEBURY COLLEGE 15,150.00 55,150.00 1,010,000.00 40,000.00 10-04-04 10-01-04 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 2,460.00 33,460.00 164,000.00 31,000.00 10-04-04 10-01-04 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3,325.00 3,325.00 190,000.00 0.00 10-04-04 0 20018001 ST.EDWARDS UNIVERSITY 0.00 0.00 0.00 0.00 10-04-04 10-01-04 20018302 ST. MICHAELS COLLEGE 1,200.00 1,200.00 80,000.00 0.00 10-04-04 0 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 10-04-04 10-01-04 20019401 TEXAS STATE COLLEGE 1,575.00 1,575.00 105,000.00 0.00 10-04-04 10-01-04 20022701 UNIVERSITY OF VERMONT 34,050.00 92,050.00 2,270,000.00 58,000.00 SYSTEM CREDIT - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-05-04 BANK CREDIT FROM 10/4 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/4 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 10/4 SYSTEM DEBIT - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TUSTEE FROM 10/4 SYSTEM CREDITS(MINUS-$1,106.34 9/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------------ 10-06-04 10-01-04 20005801 DRAKE UNIVERSITY 11,550.00 51,550.00 770,000.00 40,000.00 10-06-04 10-01-04 20019101 TAYLOR UNIVERISTY 5,850.00 55,850.00 390,000.00 50,000.00 10-06-04 10-01-04 20023601 WESTERN WASHINGTON STATE COLLEGE 1,200.00 21,200.00 80,000.00 20,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-07-04 10-01-04 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 9,045.00 9,045.00 603,000.00 0.00 10-07-04 10-01-04 20005401 DEAN ACADEMY & JR. COLLEGE 4,035.00 4,035.00 269,000.00 0.00 10-07-04 0 20018701 SOUMI COLLEGE 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FOR 10/6 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/6 SYSTEM CREDITS( MINUS $41.25 9/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------------ 10-08-04 BANK CREDITS FROM 10/7 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 10/7 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK DEDIT REPRESENTS 9/2004 SERVICE FEE ($1,147.59) - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/7 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-13-04 10-01-04 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 6,570.00 6,570.00 438,000.00 0.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-14-04 10-01-04 20016701 SCRIPPS COLLEGE 1,095.00 46,095.00 73,000.00 45,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 10/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-15-04 BANK CREDITS FROM 10/14 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS-(SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) - ------------------------------------------------------------------------------------------------------------------------------------ 10-18-04 11-01-04 20002801 CARNEGIE MELLON UNIVERSITY 0.00 0.00 0.00 15,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS (SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) - ------------------------------------------------------------------------------------------------------------------------------------ 10-19-04 BANK CREDITS FROM 10/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-21-04 10-01-04 20000601 ALMA COLLEGE 4,350.00 4,350.00 290,000.00 0.00 10-21-04 10-01-04 20007902 GRAMBLING COLLEGE 5,175.00 175,175.00 345,000.00 170,000.00 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-22-04 BANK CREDITS FROM 10/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-27-04 11-01-04 20016601 SARAH LAWRENCE COLLEGE 0.00 0.00 0.00 21,265.71 10-27-04 11-01-04 20017801 SPRINGFIELD COLLEGE 0.00 0.00 0.00 6,752.88 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-28-04 11-01-04 20018901 SWARTHMORE COLLEGE 0.00 0.00 0.00 4,280.98 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/27 SYSTEMS CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/27 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 10-29-04 BANK CREDITS FROM 10/28 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/28 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------------ 237,335.00 1,310,335.00 15,514,999.99 1,120,299.57 ======================================================= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 9-28-04 10-01-04 20002201 BLACKS HILLS 510.00 20,510.00 34,000.00 9-28-04 10-01-04 BLACKS HILLS 690.00 12,690.00 46,000.00 TOTALS: 1,200.00 33,200.00 80,000.00 ========================================= LOANS DUE IN CURRENT PERIOD NOT YET PAID: 10-01-04 20007201 FOOTHILL JUNI 900.00 20,900.00 60,000.00 11-01-04 10-01-04 20012601 MISSOURI WEST 2,460.00 33,460.00 164,000.00 TOTALS: 3,360.00 54,360.00 224,000.00 ========================================= GRAND TOTAL: 241,895.00 1,397,895.00 15,818,999.99 ========================================= DATE GMACCM INTEREST NET SYSTEM RECEIVED DATE DUE NUMBER BORROWER NAME PAID SUSPENSE TOTAL PAID CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-01-04 10-01-04 20000101 ALBION COLLEGE 15,300.00 0.00 85,300.00 10-01-04 10-01-04 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 15,300.00 0.00 15,300.00 10-01-04 10-01-04 20002101 BIRMINGHAM SOUTHERN COLLEGE 1,320.00 0.00 41,320.00 10-01-04 10-01-04 20002102 BIRMINGHAM SOUTHERN COLLEGE 4,080.00 0.00 40,080.00 10-01-04 10-01-04 20004001 COLLEGE OF ST. THOMAS 6,675.00 0.00 6,675.00 10-01-04 10-01-04 20004202 VIRGIN ISLANDS COLLEGE 1,455.00 0.00 98,455.00 10-01-04 10-01-04 20004401 R.I. JR. COLLEGE 4,590.00 0.00 14,590.00 10-01-04 10-01-04 20013501 NEW ENGLAND COLLEGE 5,129.37 0.00 30,129.37 10-01-04 10-01-04 20013502 NEW ENGLAND COLLEGE 11,925.00 0.00 11,925.00 10-01-04 10-01-04 20016101 RIVERSIDE HOSPITAL 1,215.00 0.00 1,215.00 10-01-04 10-01-04 20016201 RIVIER COLLEGE 8,391.88 0.00 8,391.88 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 2,464.96 0.00 2,464.96 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 0.00 0.04 0.04 10-01-04 10-01-04 20019701 TUFTS COLLEGE 1,558.75 0.00 87,558.75 10-01-04 10-01-04 20021001 UNIVERSITY OF HAWAII AT MANOA 6,000.00 0.00 136,000.00 10-01-04 10-01-04 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 20,250.00 0.00 20,250.00 10-01-04 10-01-04 20022601 UNIVERSITY OF STEUBENVILLE 3,138.75 0.00 3,138.75 10-01-04 10-01-04 20022602 UNIVERSITY OF STEUBENVILLE 3,750.00 0.00 3,750.00 10-01-04 10-01-04 20023901 XAVIER UNIVERSITY OF LOUISIANA 6,675.00 0.00 31,675.00 SYSTEM CREDIT 638,218.75 - ------------------------------------------------------------------------------------------------------------------------------ 10-04-04 10-01-04 20003001 CASE WESTERN RESERVE UNIVERSIT 21,525.00 0.00 21,525.00 10-04-04 10-01-04 20005201 DANIEL WEBSTER COLLEGE 3,900.00 0.00 3,900.00 10-04-04 10-01-04 20006401 EMPORIA STATE UNIVERSITY 3,150.00 0.00 3,150.00 10-04-04 10-01-04 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 630.00 0.00 630.00 10-04-04 10-01-04 20010802 LONG ISLAND UNIVERSITY 3,806.25 0.00 103,806.25 10-04-04 10-01-04 20012101 MIDDLEBURY COLLEGE 15,150.00 0.00 55,150.00 10-04-04 10-01-04 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 2,460.00 0.00 33,460.00 10-04-04 10-01-04 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3,325.00 0.00 3,325.00 10-04-04 0 20018001 ST.EDWARDS UNIVERSITY 0.00 -0.04 -0.04 10-04-04 10-01-04 20018302 ST. MICHAELS COLLEGE 1,200.00 0.00 1,200.00 10-04-04 0 20018701 SOUMI COLLEGE 0.00 16,075.52 16,075.52 10-04-04 10-01-04 20019401 TEXAS STATE COLLEGE 1,575.00 0.00 1,575.00 10-04-04 10-01-04 20022701 UNIVERSITY OF VERMONT 34,050.00 0.00 92,050.00 SYSTEM CREDIT 335,846.73 - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/1 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-05-04 BANK CREDIT FROM 10/4 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/4 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK DEBIT FROM 10/4 SYSTEM DEBIT - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TUSTEE FROM 10/4 SYSTEM CREDITS(MINUS-$1,106.34 9/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------ 10-06-04 10-01-04 20005801 DRAKE UNIVERSITY 11,550.00 0.00 51,550.00 10-06-04 10-01-04 20019101 TAYLOR UNIVERISTY 5,850.00 0.00 55,850.00 10-06-04 10-01-04 20023601 WESTERN WASHINGTON STATE COLLEGE 1,200.00 0.00 21,200.00 SYSTEM CREDITS 128,600.00 - ------------------------------------------------------------------------------------------------------------------------------ 10-07-04 10-01-04 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 9,045.00 0.00 9,045.00 10-07-04 10-01-04 20005401 DEAN ACADEMY & JR. COLLEGE 4,035.00 0.00 4,035.00 10-07-04 0 20018701 SOUMI COLLEGE 0.00 64,732.12 64,732.12 SYSTEM CREDITS 77,812.12 - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FOR 10/6 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/6 SYSTEM CREDITS( MINUS $41.25 9/2004 SERVICE FEE) - ------------------------------------------------------------------------------------------------------------------------------ 10-08-04 BANK CREDITS FROM 10/7 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 10/7 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ BANK DEDIT REPRESENTS 9/2004 SERVICE FEE ($1,147.59) - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/7 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-13-04 10-01-04 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 6,570.00 0.00 6,570.00 SYSTEM CREDITS 6,570.00 - ------------------------------------------------------------------------------------------------------------------------------ 10-14-04 10-01-04 20016701 SCRIPPS COLLEGE 1,095.00 0.00 46,095.00 SYSTEM CREDITS 46,095.00 - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDITS FROM 10/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/13 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-15-04 BANK CREDITS FROM 10/14 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS-(SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) - ------------------------------------------------------------------------------------------------------------------------------ 10-18-04 11-01-04 20002801 CARNEGIE MELLON UNIVERSITY 7,080.00 0.00 22,080.00 SYSTEM CREDITS 22,080.00 - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS (SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) - ------------------------------------------------------------------------------------------------------------------------------ 10-19-04 BANK CREDITS FROM 10/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/18 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-21-04 10-01-04 20000601 ALMA COLLEGE 4,350.00 0.00 4,350.00 10-21-04 10-01-04 20007902 GRAMBLING COLLEGE 5,175.00 0.00 175,175.00 SYSTEM CREDITS 179,525.00 - ------------------------------------------------------------------------------------------------------------------------------ 10-22-04 BANK CREDITS FROM 10/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/21 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-27-04 11-01-04 20016601 SARAH LAWRENCE COLLEGE 14,014.03 0.00 35,279.74 10-27-04 11-01-04 20017801 SPRINGFIELD COLLEGE 1,565.02 0.00 8,317.90 SYSTEM CREDITS 43,597.64 - ------------------------------------------------------------------------------------------------------------------------------ 10-28-04 11-01-04 20018901 SWARTHMORE COLLEGE 1,484.88 0.00 5,765.86 SYSTEM CREDITS 5,765.86 - ------------------------------------------------------------------------------------------------------------------------------ BANK CREDIT FROM 10/27 SYSTEMS CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/27 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 10-29-04 BANK CREDITS FROM 10/28 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ WIRE TO TRUSTEE FROM 10/28 SYSTEM CREDITS - ------------------------------------------------------------------------------------------------------------------------------ 283,003.89 80,807.64 1,484,111.10 1,484,111.10 ================================================= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 9-28-04 10-01-04 20002201 BLACKS HILLS 9-28-04 10-01-04 BLACKS HILLS TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 10-01-04 20007201 FOOTHILL JUNI 11-01-04 10-01-04 20012601 MISSOURI WEST TOTALS: GRAND TOTAL: DATE GMACCM TOTAL BANK FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME CREDITS WIRES OTHER WIRES - ------------------------------------------------------------------------------------------------------------------------ 10-01-04 10-01-04 20000101 ALBION COLLEGE 10-01-04 10-01-04 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 10-01-04 10-01-04 20002101 BIRMINGHAM SOUTHERN COLLEGE 10-01-04 10-01-04 20002102 BIRMINGHAM SOUTHERN COLLEGE 10-01-04 10-01-04 20004001 COLLEGE OF ST. THOMAS 10-01-04 10-01-04 20004202 VIRGIN ISLANDS COLLEGE 10-01-04 10-01-04 20004401 R.I. JR. COLLEGE 10-01-04 10-01-04 20013501 NEW ENGLAND COLLEGE 10-01-04 10-01-04 20013502 NEW ENGLAND COLLEGE 10-01-04 10-01-04 20016101 RIVERSIDE HOSPITAL 10-01-04 10-01-04 20016201 RIVIER COLLEGE 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 10-01-04 10-01-04 20018001 ST.EDWARDS UNIVERSITY 10-01-04 10-01-04 20019701 TUFTS COLLEGE 10-01-04 10-01-04 20021001 UNIVERSITY OF HAWAII AT MANOA 10-01-04 10-01-04 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 10-01-04 10-01-04 20022601 UNIVERSITY OF STEUBENVILLE 10-01-04 10-01-04 20022602 UNIVERSITY OF STEUBENVILLE 10-01-04 10-01-04 20023901 XAVIER UNIVERSITY OF LOUISIANA SYSTEM CREDIT - --------------------------------------------------------------------------------------------------------------------- 10-04-04 10-01-04 20003001 CASE WESTERN RESERVE UNIVERSIT 10-04-04 10-01-04 20005201 DANIEL WEBSTER COLLEGE 10-04-04 10-01-04 20006401 EMPORIA STATE UNIVERSITY 10-04-04 10-01-04 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 10-04-04 10-01-04 20010802 LONG ISLAND UNIVERSITY 10-04-04 10-01-04 20012101 MIDDLEBURY COLLEGE 10-04-04 10-01-04 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 10-04-04 10-01-04 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 10-04-04 0 20018001 ST.EDWARDS UNIVERSITY 10-04-04 10-01-04 20018302 ST. MICHAELS COLLEGE 10-04-04 0 20018701 SOUMI COLLEGE 10-04-04 10-01-04 20019401 TEXAS STATE COLLEGE 10-04-04 10-01-04 20022701 UNIVERSITY OF VERMONT SYSTEM CREDIT - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/1 SYSTEM CREDITS 638,218.71 - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/1 SYSTEM CREDITS 0.04 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/1 SYSTEM CREDITS 638,218.75 - --------------------------------------------------------------------------------------------------------------------- 10-05-04 BANK CREDIT FROM 10/4 SYSTEM CREDITS 319,771.25 - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/4 SYSTEM CREDITS 16,075.52 - --------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 10/4 SYSTEM DEBIT 0.04 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TUSTEE FROM 10/4 SYSTEM CREDITS(MINUS-$1,106.34 9/2004 SERVICE FEE) 334,740.39 - --------------------------------------------------------------------------------------------------------------------- 10-06-04 10-01-04 20005801 DRAKE UNIVERSITY 10-06-04 10-01-04 20019101 TAYLOR UNIVERISTY 10-06-04 10-01-04 20023601 WESTERN WASHINGTON STATE COLLEGE SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 10-07-04 10-01-04 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 10-07-04 10-01-04 20005401 DEAN ACADEMY & JR. COLLEGE 10-07-04 0 20018701 SOUMI COLLEGE SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDITS FOR 10/6 SYSTEM CREDITS 128,600.00 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/6 SYSTEM CREDITS( MINUS $41.25 9/2004 SERVICE FEE) 128,558.75 - --------------------------------------------------------------------------------------------------------------------- 10-08-04 BANK CREDITS FROM 10/7 SYSTEM CREDITS 64,732.12 - --------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 10/7 SYSTEM CREDITS 13,080.00 - --------------------------------------------------------------------------------------------------------------------- BANK DEDIT REPRESENTS 9/2004 SERVICE FEE ($1,147.59) 1,147.59 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/7 SYSTEM CREDITS 77,812.12 - --------------------------------------------------------------------------------------------------------------------- 10-13-04 10-01-04 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 10-14-04 10-01-04 20016701 SCRIPPS COLLEGE SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 10/13 SYSTEM CREDITS 6,570.00 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/13 SYSTEM CREDITS 6,570.00 - --------------------------------------------------------------------------------------------------------------------- 10-15-04 BANK CREDITS FROM 10/14 SYSTEM CREDITS 46,095.00 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS-(SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) 6,570.00 - --------------------------------------------------------------------------------------------------------------------- 10-18-04 11-01-04 20002801 CARNEGIE MELLON UNIVERSITY SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/14 SYSTEM CREDITS (SENT $6.570.00 INSTEAD OF $46,095.00 DIFF OF $39,525.00 SENT 10/18) 39,525.00 - --------------------------------------------------------------------------------------------------------------------- 10-19-04 BANK CREDITS FROM 10/18 SYSTEM CREDITS 22,080.00 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/18 SYSTEM CREDITS 22,080.00 - --------------------------------------------------------------------------------------------------------------------- 10-21-04 10-01-04 20000601 ALMA COLLEGE 10-21-04 10-01-04 20007902 GRAMBLING COLLEGE SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 10-22-04 BANK CREDITS FROM 10/21 SYSTEM CREDITS 179,525.00 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/21 SYSTEM CREDITS 179,525.00 - --------------------------------------------------------------------------------------------------------------------- 10-27-04 11-01-04 20016601 SARAH LAWRENCE COLLEGE 10-27-04 11-01-04 20017801 SPRINGFIELD COLLEGE SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- 10-28-04 11-01-04 20018901 SWARTHMORE COLLEGE SYSTEM CREDITS - --------------------------------------------------------------------------------------------------------------------- BANK CREDIT FROM 10/27 SYSTEMS CREDITS 43,597.64 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/27 SYSTEM CREDITS 43,597.64 - --------------------------------------------------------------------------------------------------------------------- 10-29-04 BANK CREDITS FROM 10/28 SYSTEM CREDITS 5,765.86 - --------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 10/28 SYSTEM CREDITS 5,765.86 - --------------------------------------------------------------------------------------------------------------------- 1,484,111.14 1,482,963.51 1,147.63 ======================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 9-28-04 10-01-04 20002201 BLACKS HILLS 9-28-04 10-01-04 BLACKS HILLS TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 10-01-04 20007201 FOOTHILL JUNI 11-01-04 10-01-04 20012601 MISSOURI WEST TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION OCTOBER-04 TOTAL SYSTEM CREDITS @ 10/30 1,484,111.10 ============ TOTAL BANK CREDITS 1,484,111.14 ------------ 10/4/2004 ESCROW DISBURSEMENT (0.04) ------------ ADJUSTED BANK CREDITS: 1,484,111.10 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION OCTOBER-04 TOTAL SYSTEM/BANK CREDITS @ 10/31 1,484,111.10 ============ TOTAL DEBITS TO TRUSTEE @ 10/31 1,482,963.51 ============ 10/4/2004 TRANSACTION IN TRANSIT 1,106.34 9/2004 SERVICE FEE 10/6/2004 TRANSACTION IN TRANSIT 41.25 9/2004 SERVICE FEE ADJUSTED DEBITS TO TRUSTEE 1,484,111.10 ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT FOR OCTOBER 2004
DATE GMACCM PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE 11-01-04 11-01-04 20001901 BENEDICT COLLEGE SERIES 1974 11,000.00 510.00 11,510.00 34,000.00 11-01-04 11-01-04 20004501 CONCORDIA TEACHERS COLLEGE 30,000.00 6,600.00 36,600.00 439,999.99 11-01-04 11-01-04 20006502 FAIRLEIGH DICKINSON UNIVERSITY 2,211.60 1,403.22 3,614.82 93,547.91 11-01-04 11-01-04 20012901 MONTEREY PENINSULA JR. COLLEGE 0.00 0.00 0.00 0.00 11-01-04 11-01-04 20013301 MORRIS COLLEGE - BONDS 1983 59,000.00 10,245.00 69,245.00 683,000.00 11-01-04 11-01-04 20018801 SUSQUEHANNA UNIVERSITY 20,000.00 900.00 20,900.00 60,000.00 11-01-04 11-01-04 20018802 SUSQUEHANNA UNIVERSITY 25,000.00 5,618.75 30,618.75 310,000.00 11-01-04 11-01-04 20019201 TEMPLE UNIVERSITY 30,000.00 6,041.25 36,041.25 358,000.00 11-01-04 11-01-04 20021301 UNIVERSITY OF MONTEVALLO 0.00 3,105.00 3,105.00 207,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-03-04 11-01-04 20000401 UNIVERSITY OF ALFRED 42,000.00 2,655.00 44,655.00 177,000.00 11-03-04 11-01-04 20002701 CALIFORNIA STATE UNIVERSITY 140,000.00 21,900.00 161,900.00 1,460,000.00 11-03-04 11-01-04 20008301 HARCUM COLLEGE 40,000.00 8,100.00 48,100.00 540,000.00 11-03-04 11-01-04 20012001 MICHIGAN STATE UNIVERSITY 14,609.38 8,916.46 23,525.84 594,430.35 11-03-04 11-01-04 20016401 CALIFORNIA STATE UNIVERSITY 15,000.00 5,025.00 20,025.00 335,000.00 11-03-04 11-01-04 20016501 CALIFORNIA STATE UNIVERSITY 30,000.00 10,500.00 40,500.00 700,000.00 11-03-04 0 20018701 SOUMI COLLEGE 6,802.39 7,273.13 14,075.52 2,413,205.72 11-03-04 0 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 11-03-04 11-01-04 20023501 WESTERN MARYLAND COLLEGE 70,000.00 15,750.00 85,750.00 1,050,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-04-04 BANK CREDITS FROM 11/3 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/3 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/3 SYSTEM CREDITS- (Minus 10/04 Service in the amt of $4,834.57) - ---------------------------------------------------------------------------------------------------------------------------------- 11-05-04 11-01-04 20020001 UNIVERSITY OF ALABAMA 0.00 22,290.00 22,290.00 1,486,000.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-08-04 11-01-04 20001201 ATLANTIC UNION COLLEGE 3,351.84 2,638.60 5,990.44 175,906.51 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/5 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE SENT TO TRUSTEE FROM 11/5 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-09-04 BANK CREDITS FROM 11/8 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/8 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-11-04 20018701 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-12-04 BANK CREDITS FROM 11/11 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 11/11 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- 11-19-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 11-19-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-22-04 120104 20013001 MONTREAT-ANDERSON COLLEGE 0.00 0.00 0.00 0.00 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-23-04 BANK CEDITS FROM 11/22 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/22 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 11/22 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-30-40 -- 20018701 FINLANDIA UNIVERSITY 0.00 0.00 0.00 0.00 11-30-40 -- 20018701 FINLANDIA UNIVERSITY 0.00 0.00 0.00 0.00 11-30-04 -- 20018701 FINLANDIA UNIVERSITY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 538,975.21 139,471.41 678,446.62 11,117,090.48 ====================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 10-18-04 11-01-04 20002801 CARNEGIE-MELL 15,000.00 7,080.00 22,080.00 472,000.00 10-27-04 11-01-04 20013301 MORRIS COLLEG 59,000.00 10,245.00 69,245.00 683,000.00 10-28-04 11-01-04 20018901 SWARTHMORE CO 4,280.98 1,484.88 5,765.86 98,991.79 TOTALS: 78,280.98 18,809.88 97,090.86 1,253,991.79 ===================================================== LOANS DUE IN CURRENT PERIOD NOT YET PAID: 11-01-04 20008401 HAVERFORD COL 25,000.00 5,618.75 30,618.75 310,000.00 TOTALS: 25,000.00 5,618.75 30,618.75 310,000.00 ====================================================== GRAND TOTAL: 642,256.19 163,900.04 806,156.23 12,681,082.27 ====================================================== DATE GMACCM PRINCIPAL RECEIVED DATE DUE NUMBER BORROWER NAME PAID INTEREST PAID SUSPENSE TOTAL PAID 11-01-04 11-01-04 20001901 BENEDICT COLLEGE SERIES 1974 11,000.00 510.00 0.00 11,510.00 11-01-04 11-01-04 20004501 CONCORDIA TEACHERS COLLEGE 30,000.00 6,600.00 0.00 36,600.00 11-01-04 11-01-04 20006502 FAIRLEIGH DICKINSON UNIVERSITY 2,211.60 1,403.22 0.00 3,614.82 11-01-04 11-01-04 20012901 MONTEREY PENINSULA JR. COLLEGE 15,000.00 3,675.00 0.00 18,675.00 11-01-04 11-01-04 20013301 MORRIS COLLEGE - BONDS 1983 59,000.00 10,245.00 0.00 69,245.00 11-01-04 11-01-04 20018801 SUSQUEHANNA UNIVERSITY 20,000.00 900.00 0.00 20,900.00 11-01-04 11-01-04 20018802 SUSQUEHANNA UNIVERSITY 25,000.00 5,618.75 0.00 30,618.75 11-01-04 11-01-04 20019201 TEMPLE UNIVERSITY 30,000.00 6,041.25 0.00 36,041.25 11-01-04 11-01-04 20021301 UNIVERSITY OF MONTEVALLO 0.00 3,105.00 0.00 3,105.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-03-04 11-01-04 20000401 UNIVERSITY OF ALFRED 42,000.00 2,655.00 0.00 44,655.00 11-03-04 11-01-04 20002701 CALIFORNIA STATE UNIVERSITY 140,000.00 21,900.00 0.00 161,900.00 11-03-04 11-01-04 20008301 HARCUM COLLEGE 40,000.00 8,100.00 0.00 48,100.00 11-03-04 11-01-04 20012001 MICHIGAN STATE UNIVERSITY 14,609.38 8,916.46 0.00 23,525.84 11-03-04 11-01-04 20016401 CALIFORNIA STATE UNIVERSITY 15,000.00 5,025.00 0.00 20,025.00 11-03-04 11-01-04 20016501 CALIFORNIA STATE UNIVERSITY 30,000.00 10,500.00 0.00 40,500.00 11-03-04 0 20018701 SOUMI COLLEGE 0.00 0.00 15,075.52 15,075.52 11-03-04 0 20018701 SOUMI COLLEGE 0.00 0.00 500.00 500.00 11-03-04 11-01-04 20023501 WESTERN MARYLAND COLLEGE 70,000.00 15,750.00 0.00 85,750.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/1 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-04-04 BANK CREDITS FROM 11/3 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/3 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/3 SYSTEM CREDITS- (Minus 10/04 Service in the amt of $4,834.57) - ---------------------------------------------------------------------------------------------------------------------------------- 11-05-04 11-01-04 20020001 UNIVERSITY OF ALABAMA 0.00 22,290.00 0.00 22,290.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-08-04 11-01-04 20001201 ATLANTIC UNION COLLEGE 3,351.84 2,638.60 0.00 5,990.44 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/5 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE SENT TO TRUSTEE FROM 11/5 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-09-04 BANK CREDITS FROM 11/8 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/8 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-11-04 20018701 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-12-04 BANK CREDITS FROM 11/11 SYSTEM CREDITS(ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 11/11 SYSTEM DEBITS (ESCROW DISBURSEMENT) - ---------------------------------------------------------------------------------------------------------------------------------- 11-19-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 0.00 11-19-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 -18,202.37 (18,202.37) SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-22-04 120104 20013001 MONTREAT-ANDERSON COLLEGE 2,400.00 1,308.00 0.00 3,708.00 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 -50,000.00 (50,000.00) 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 - 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 -50,000.00 (50,000.00) 11-22-04 -- 20018701 SOUMI COLLEGE 0.00 0.00 0.00 - SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-23-04 BANK CEDITS FROM 11/22 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/22 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 11/22 SYSTEM DEBITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-30-40 -- 20018701 FINLANDIA UNIVERSITY 0.00 0.00 50,000.00 50,000.00 11-30-40 -- 20018701 FINLANDIA UNIVERSITY 0.00 0.00 0.00 0.00 11-30-04 -- 20018701 FINLANDIA UNIVERSITY 0.00 0.00 0.00 0.00 SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 549,572.82 137,181.28 (52,626.85) 634,127.25 ======================================================== LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 10-18-04 11-01-04 20002801 CARNEGIE-MELL 10-27-04 11-01-04 20013301 MORRIS COLLEG 10-28-04 11-01-04 20018901 SWARTHMORE CO TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 11-01-04 20008401 HAVERFORD COL TOTALS: GRAND TOTAL: DATE GMACCM NET SYSTEM TOTAL BANK FIRST CHICAGO ACH DEBITS AND RECEIVED DATE DUE NUMBER BORROWER NAME CREDITS CREDITS WIRES OTHER WIRES 11-01-04 11-01-04 20001901 BENEDICT COLLEGE SERIES 1974 11-01-04 11-01-04 20004501 CONCORDIA TEACHERS COLLEGE 11-01-04 11-01-04 20006502 FAIRLEIGH DICKINSON UNIVERSITY 11-01-04 11-01-04 20012901 MONTEREY PENINSULA JR. COLLEGE 11-01-04 11-01-04 20013301 MORRIS COLLEGE - BONDS 1983 11-01-04 11-01-04 20018801 SUSQUEHANNA UNIVERSITY 11-01-04 11-01-04 20018802 SUSQUEHANNA UNIVERSITY 11-01-04 11-01-04 20019201 TEMPLE UNIVERSITY 11-01-04 11-01-04 20021301 UNIVERSITY OF MONTEVALLO SYSTEM CREDITS 230,309.82 - ---------------------------------------------------------------------------------------------------------------------------------- 11-03-04 11-01-04 20000401 UNIVERSITY OF ALFRED 11-03-04 11-01-04 20002701 CALIFORNIA STATE UNIVERSITY 11-03-04 11-01-04 20008301 HARCUM COLLEGE 11-03-04 11-01-04 20012001 MICHIGAN STATE UNIVERSITY 11-03-04 11-01-04 20016401 CALIFORNIA STATE UNIVERSITY 11-03-04 11-01-04 20016501 CALIFORNIA STATE UNIVERSITY 11-03-04 0 20018701 SOUMI COLLEGE 11-03-04 0 20018701 SOUMI COLLEGE 11-03-04 11-01-04 20023501 WESTERN MARYLAND COLLEGE SYSTEM CREDITS 440,031.36 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/1 SYSTEM CREDITS 230,309.82 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/1 SYSTEM CREDITS 230,309.82 - ---------------------------------------------------------------------------------------------------------------------------------- 11-04-04 BANK CREDITS FROM 11/3 SYSTEM CREDITS 424,455.84 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/3 SYSTEM CREDITS 15,575.52 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/3 SYSTEM CREDITS- (Minus 10/04 Service in the amt of $4,834.57) 435,196.79 - ---------------------------------------------------------------------------------------------------------------------------------- 11-05-04 11-01-04 20020001 UNIVERSITY OF ALABAMA SYSTEM CREDITS 22,290.00 - ---------------------------------------------------------------------------------------------------------------------------------- 11-08-04 11-01-04 20001201 ATLANTIC UNION COLLEGE SYSTEM CREDITS 5,990.44 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/5 SYSTEM CREDITS 22,290.00 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE SENT TO TRUSTEE FROM 11/5 SYSTEM CREDITS 22,290.00 - ---------------------------------------------------------------------------------------------------------------------------------- 11-09-04 BANK CREDITS FROM 11/8 SYSTEM CREDITS 5,990.44 - ---------------------------------------------------------------------------------------------------------------------------------- WIRE TO TRUSTEE FROM 11/8 SYSTEM CREDITS 5,990.44 - ---------------------------------------------------------------------------------------------------------------------------------- 11-11-04 20018701 20018701 SOUMI COLLEGE SYSTEM CREDITS - - ---------------------------------------------------------------------------------------------------------------------------------- 11-12-04 BANK CREDITS FROM 11/11 SYSTEM CREDITS(ESCROW DISBURSEMENT) 4,040.08 - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBIT FROM 11/11 SYSTEM DEBITS (ESCROW DISBURSEMENT) 4,040.08 - ---------------------------------------------------------------------------------------------------------------------------------- 11-19-04 -- 20018701 SOUMI COLLEGE 11-19-04 -- 20018701 SOUMI COLLEGE SYSTEM DEBITS (18,202.37) - ---------------------------------------------------------------------------------------------------------------------------------- 11-22-04 120104 20013001 MONTREAT-ANDERSON COLLEGE 11-22-04 -- 20018701 SOUMI COLLEGE 11-22-04 -- 20018701 SOUMI COLLEGE 11-22-04 -- 20018701 SOUMI COLLEGE 11-22-04 -- 20018701 SOUMI COLLEGE (96,292.00) SYSTEM CREDITS - ---------------------------------------------------------------------------------------------------------------------------------- 11-23-04 BANK CEDITS FROM 11/22 SYSTEM DEBITS 50,000.00 - ---------------------------------------------------------------------------------------------------------------------------------- BANK CREDITS FROM 11/22 SYSTEM DEBITS 3,708.00 - ---------------------------------------------------------------------------------------------------------------------------------- BANK DEBITS FROM 11/22 SYSTEM DEBITS 100,000.00 - ---------------------------------------------------------------------------------------------------------------------------------- 11-30-40 -- 20018701 FINLANDIA UNIVERSITY 11-30-40 -- 20018701 FINLANDIA UNIVERSITY 11-30-04 -- 20018701 FINLANDIA UNIVERSITY SYSTEM CREDITS 50,000.00 - --------------------------------------------------------------------------------------------------------------------------------- 634,127.25 756,369.70 693,787.05 104,040.08 ========================================================= LOANS DUE IN CURRENT PERIOD AND PAID IN PRIOR PERIOD: 10-18-04 11-01-04 20002801 CARNEGIE-MELL 10-27-04 11-01-04 20013301 MORRIS COLLEG 10-28-04 11-01-04 20018901 SWARTHMORE CO TOTALS: LOANS DUE IN CURRENT PERIOD NOT YET PAID: 11-01-04 20008401 HAVERFORD COL TOTALS: GRAND TOTAL:
COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION NOVEMBER-04 TOTAL SYSTEM CREDITS @ 11/30 634,127.25 ========== TOTAL BANK CREDITS 756,369.70 ---------- 11/11/2004 ESCROW DISBURSEMENT (4,040.08) 11/22/2004 ESCROW DISBURSEMENT (50,000.00) 11/22/2004 ESCROW DISBURSEMENT (18,202.37) 11/22/2004 ESCROW DISBURSEMENT (50,000.00) ---------- ADJUSTED BANK CREDITS: 634,127.25 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I REMITTANCE REPORT RECONCILIATION NOVEMBER-04 TOTAL SYSTEM/BANK CREDITS @ 11/31 634,127.25 ========== TOTAL DEBITS TO TRUSTEE @ 11/31 693,787.05 ========== 11/3/2004 WITHHELD FOR 10/2004 SERVICE FEE 4,834.57 11/19/2004 ESCORW DISBURSEMENT (SYSTEM DEBIT) (18,202.37) 11/22/2004 ESCORW DISBURSEMENT (SYSTEM DEBIT) (96,292.00) 11/30/2004 TRANSACTION IN TRANSIT 50,000.00 ADJUSTED DEBITS TO TRUSTEE 634,127.25 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF JANUARY 1, 2004 THROUGH JANUARY 31, 2004 COLLECTIONS: Principal Payments 313,618.83 Interest Payments 88,510.46 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 402,129.29 ========== Payments and Reversals Posted to Suspense (26,126.92) ---------- TOTAL COLLECTIONS 376,002.37 ========== Less: Servicing Fees (not withheld from remittances) (1,413.52) ---------- NET COLLECTIONS 374,588.85 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF JANUARY 1, 2004 THROUGH JANUARY 31, 2004
DATE DUE GMACCM NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE PRINCIPAL BALANCE SERVICE FEES - ----------------------------------------------------------------------------------------------------------------- 1-01-2004 20001002 APPALACHIAN S 0.00 2085.00 2085.00 139000.00 38.23 1-01-2004 20003901 COLL. OF CHAR 0.00 11550.00 11550.00 770000.00 211.75 1-01-2004 20006101 ECKERD COLLEG 0.00 1365.00 1365.00 0.00 - 1-01-2004 20006801 FLORIDA ATLAN 0.00 2025.00 2025.00 135000.00 37.13 1-01-2004 20009101 IOWA STATE UN 0.00 7500.00 7500.00 500000.00 137.50 1-01-2004 20009201 JACKSON ST. 50000.00 3000.00 53000.00 200000.00 55.00 1-01-2004 20012401 MISSISSIPPI V 0.00 750.00 750.00 50000.00 13.75 1-01-2004 20012801 MONTCLAIR COL 0.00 3330.00 3330.00 222000.00 61.05 1-01-2004 20020803 UNIV. OF FLOR 180000.00 4395.00 184395.00 293000.00 80.58 1-01-2004 20021401 U OF NEBRASKA 4000.00 1515.00 5515.00 101000.00 27.78 1-01-2004 20021603 NORTH CAROLIN 65000.00 17100.00 82100.00 1140000.00 313.50 1-01-2004 20022401 SOUTH FLORIDA 0.00 23850.00 23850.00 1590000.00 437.25 TOTALS: 299,000.00 78,465.00 377,465.00 5,140,000.00 1,413.52 ========== ========= ========== ============ ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF JANUARY 1, 2004 THROUGH JANUARY 31, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ------------------------------------------------------------------------------------------------------------ None to Report TOTAL: - - - - === === === ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF JANUARY 1, 2004 THROUGH JANUARY 31, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - --------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF JANUARY 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 335,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 170,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 179,208.82 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,090,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 638,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 752,587.58 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 119,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 487,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSITY 3.00 1,535,000.00 4-01-2016 20003502 CHAMINADE UNIVERSITY 3.00 181,000.00 10-01-2011 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 475,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004304 COLORADO STATE UNIVERSITY 3.63 315,000.00 4-01-2005 20004401 R.I. JR. COLLEGE 3.00 316,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 464,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 275,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 289,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 810,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 250,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 95,726.83 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 26,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 460,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 62,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 483,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20011401 MCKENDREE COLLEGE 3.00 210,000.00 4-01-2007 20012001 MICHIGAN STATE UNIVERSITY 3.00 608,823.83 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,048,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF JANUARY 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------------------- 20013001 MONTREAT-ANDERSON COLLEGE 3.00 89,600.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 835,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,524,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 111,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 503,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 955,219.93 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017102 SOUTH DAKOTA STATE UNIVERSITY 3.00 1,155,000.00 4-01-2016 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 370,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 110,987.41 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.63 149,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 105,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 14,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 103,209.51 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 140,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 518,000.00 3-01-2013 20019503 TEXAS TECH. UNIVERSITY 3.50 331,000.00 3-01-2004 20019504 TEXAS TECH. UNIVERSITY 3.38 3,164,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 108,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,556,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021101 UNIVERSITY OF MISSOURI 3.63 182,000.00 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3.00 215,000.00 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,430,000.00 4-01-2018 20021901 UNIVERSITY OF PORTLAND 3.00 212,000.00 4-01-2013 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,590,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 206,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 265,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,327,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 402,765.17 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 48,658,007.14 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF JANUARY 31, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - ------------------------------------------------------------------------------ 20018701 SUOMI COLL. 8-08-2003 21,577.37 2,876,983.12 20010801 LONG ISLAND U 6-01-2003 8,999.98 483,999.98 --------- ------------ TOTAL 30,577.35 3,360,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF JANUARY 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF FEBRUARY 1, 2004 THROUGH FEBRUARY 29, 2004 COLLECTIONS: Principal Payments 21,000.00 Interest Payments 28,612.35 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 49,612.35 ========== Payments and Reversals Posted to Suspense - ---------- TOTAL COLLECTIONS 49,612.35 ========== Less: Servicing Fees (not withheld from remittances) (959.73) ---------- NET COLLECTIONS 48,652.62 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF FEBRUARY 1, 2004 THROUGH FEBRUARY 29, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - -------------------------------------------------------------------------------------------------------- 2-01-2004 20002501 BRYAN COLLEGE 8000.00 1785.00 9785.00 119000.00 32.73 2-01-2004 20006901 FLORIDA TECH 9000.00 390.00 9390.00 26000.00 7.15 2-01-2004 20010301 LAREDO MUN. J 0.00 2175.00 2175.00 145000.00 39.88 2-01-2004 20018601 STILLMAN COLL 4000.00 210.00 4210.00 14000.00 3.85 2-08-2004 20018701 SUOMI COLLEGE 0.00 21577.37 21577.37 2876983.12 791.17 2-01-2004 20023101 VANDERBLT/GEO 0.00 4633.43 4633.43 308895.00 84.95 TOTALS: 21,000.00 30,770.80 51,770.80 3,489,878.12 959.73 ========== ========= ========= ============ ======
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF FEBRUARY 1, 2004 THROUGH FEBRUARY 29, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - -------------------------------------------------------------------------------------------------------- None to Report TOTAL: - - - - ===== ===== ===== =====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF FEBRUARY 1, 2004 THROUGH FEBRUARY 29, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ---------------------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF FEBRUARY 29, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 335,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 170,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 179,208.82 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,090,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 638,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERSITY 3.00 752,587.58 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 111,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 487,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSITY 3.00 1,535,000.00 4-01-2016 20003502 CHAMINADE UNIVERSITY 3.00 181,000.00 10-01-2011 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 475,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004304 COLORADO STATE UNIVERSITY 3.63 315,000.00 4-01-2005 20004401 R.I. JR. COLLEGE 3.00 316,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 464,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 275,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 289,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 810,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 250,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 95,726.83 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 460,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 62,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 483,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20011401 MCKENDREE COLLEGE 3.00 210,000.00 4-01-2007 20012001 MICHIGAN STATE UNIVERSITY 3.00 608,823.83 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,048,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018
Page 1 of 2 GMAC COMMERCIAL MORTGAGE College and University Loan Trust I Trial Balance As of February 29, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------- 20013001 MONTREAT-ANDERSON COLLEGE 3.00 89,600.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 835,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,524,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 111,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 503,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 955,219.93 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017102 SOUTH DAKOTA STATE UNIVERSITY 3.00 1,155,000.00 4-01-2016 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 370,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 110,987.41 5-01-2011 20018001 ST.EDWARDS UNIVERSITY 3.63 149,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 105,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 103,209.51 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 140,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 518,000.00 3-01-2013 20019503 TEXAS TECH. UNIVERSITY 3.50 331,000.00 3-01-2004 20019504 TEXAS TECH. UNIVERSITY 3.38 3,164,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 108,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,556,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021101 UNIVERSITY OF MISSOURI 3.63 182,000.00 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3.00 215,000.00 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,430,000.00 4-01-2018 20021901 UNIVERSITY OF PORTLAND 3.00 212,000.00 4-01-2013 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,590,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 206,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 265,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,327,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 402,765.17 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 48,637,007.14 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF FEBRUARY 29, 2004
GMACCM LOAN NEXT PAYMENT P AND I NUMBER BORROWER NAME DUE DUE CURRENT UPB - ---------------------------------------------------------------------------- 20018701 SUOMI COLL. 8-08-2003 21,577.37 2,876,983.12 20010801 LONG ISLAND U 6-01-2003 8,999.98 483,999.98 ---------- ------------- TOTAL 30,577.35 3,360,983.10 ========== =============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF FEBRUARY 29, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF MARCH 1, 2004 THROUGH MARCH 31, 2004 COLLECTIONS: Principal Payments 495,000.00 Interest Payments 100,748.75 ----------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 595,748.75 =========== Payments and Reversals Posted to Suspense - ----------- TOTAL COLLECTIONS 595,748.75 =========== Less: Servicing Fees (not withheld from remittances) (1,400.86) ----------- NET COLLECTIONS 594,347.89 ===========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF MARCH 1, 2004 THROUGH MARCH 31, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - ---------------------------------------------------------------------------------------------------------- 3-01-2004 20000902 ANDERSON COLL 20000.00 2550.00 22550.00 170000.00 46.75 3-01-2004 20001501 BAPT COL CHAR 40000.00 7350.00 47350.00 490000.00 134.75 3-01-2004 20006102 ECKERD COLLEG 8000.00 300.00 8300.00 16000.00 4.40 3-01-2004 20013801 NORTH CAROLIN 0.00 6075.00 6075.00 405000.00 111.38 3-01-2004 20019502 TEXAS TECH UN 45000.00 9388.75 54388.75 518000.00 142.45 3-01-2004 20019503 TEXAS TECH UN 331000.00 5792.50 336792.50 331000.00 91.03 3-01-2004 20019504 TEXAS TECH UN 19000.00 53392.50 72392.50 3164000.00 870.10 TOTALS: 463,000.00 84,848.75 547,848.75 5,094,000.00 1,400.86 ========== ========= ========== ============ ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF MARCH 1, 2004 THROUGH MARCH 31, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ---------------------------------------------------------------------------------------------------- 20019503 3-01-04 336792.50 331000.00 5792.50 - 3-01-2004 TOTAL: 336,792.50 331,000.00 5,792.50 - =========== ========== ======== ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF MARCH 1, 2004 THROUGH MARCH 31, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - -------------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ===== ==== ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF MARCH 31, 2004
GMACCM INTEREST CURRENT MATURITY NUMBER BORROWER NAME RATE UPB DATE - ----------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 335,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 179,208.82 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,090,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 638,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 752,587.58 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 111,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 487,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,535,000.00 4-01-2016 20003502 CHAMINADE UNIVERSITY 3.00 181,000.00 10-01-2011 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 475,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004304 COLORADO STATE UNIVERSITY 3.63 315,000.00 4-01-2005 20004401 R.I. JR. COLLEGE 3.00 316,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 464,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 275,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 289,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 810,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 250,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 95,726.83 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 460,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 62,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 483,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20011401 MCKENDREE COLLEGE 3.00 210,000.00 4-01-2007 20012001 MICHIGAN STATE UNIVERSITY 3.00 608,823.83 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,048,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF MARCH 31, 2004
GMACCM INTEREST CURRENT MATURITY NUMBER BORROWER NAME RATE UPB DATE - ----------------------------------------------------------------------------------------------------- 20013001 MONTREAT-ANDERSON COLLEGE 3.00 89,600.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 835,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,524,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 111,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 503,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 955,219.93 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017102 SOUTH DAKOTA STATE UNIVERSITY 3.00 1,155,000.00 4-01-2016 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 370,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 110,987.41 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.63 149,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 105,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 103,209.51 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 140,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 108,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,556,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021101 UNIVERSITY OF MISSOURI 3.63 182,000.00 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3.00 215,000.00 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20021901 UNIVERSITY OF PORTLAND 3.00 212,000.00 4-01-2013 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,590,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 206,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 265,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,327,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 402,765.17 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 48,142,007.14 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF MARCH 31, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - -------------------------------------------------------------------------- 20018701 SUOMI COLL. 11-08-2003 21,577.37 2,876,983.12 20010801 LONG ISLAND U 6-01-2003 8,999.98 483,999.98 --------- ------------ TOTAL 30,577.35 3,360,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF MARCH 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF APRIL 1, 2004 THROUGH APRIL 30, 2004 COLLECTIONS: Principal Payments 2,989,215.72 Interest Payments 310,146.76 ------------ TOTAL PRINCIPAL AND INTEREST COLLECTIONS 3,299,362.48 ============ Payments and Reversals Posted to Suspense - ------------ TOTAL COLLECTIONS 3,299,362.48 ============ Less: Servicing Fees (not withheld from remittances) (5,952.48) ------------ NET COLLECTIONS 3,293,410.00 ============
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF APRIL 1, 2004 THROUGH APRIL 30, 2004
DATE DUE GMACCM NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE PRINCIPAL BALANCE SERVICE FEES - -------------------------------------------------------------------------------------------------------------------------------- 4-01-2004 20000101 ALBION COLLEGE 0.00 15300.00 15300.00 1020000.00 280.50 4-01-2004 20000601 ALMA COLLEGE 45000.00 5025.00 50025.00 335000.00 92.13 4-01-2004 20001104 ARIZONA ST. 0.00 910.00 910.00 0.00 - 4-01-2004 20001301 AUGSBERG COLL 70000.00 16350.00 86350.00 1090000.00 299.75 4-01-2004 20001401 AZUSA UNIVERS 35000.00 9570.00 44570.00 638000.00 175.45 4-01-2004 20002101 BIRMINGHAM SO 0.00 1320.00 1320.00 88000.00 24.20 4-01-2004 20002102 BIRMINGHAM SO 0.00 4080.00 4080.00 272000.00 74.80 4-01-2004 20002201 BLACKS HILLS 0.00 510.00 510.00 34000.00 9.35 4-01-2004 20002202 BLACKS HILLS 0.00 690.00 690.00 46000.00 12.65 4-01-2004 20003001 CASE WESTERN 100000.00 23025.00 123025.00 1535000.00 422.13 4-01-2004 20003502 ST. LOUIS CHA 0.00 2715.00 2715.00 181000.00 49.78 4-01-2004 20004001 COLL.OF ST. T 30000.00 7125.00 37125.00 475000.00 130.63 4-01-2004 20004202 VIRGIN ISLAND 0.00 1455.00 1455.00 97000.00 26.68 4-01-2004 20004304 COLORADO ST. 155000.00 5709.38 160709.38 315000.00 86.63 4-01-2004 20004401 R.I. JR. COLL 10000.00 4740.00 14740.00 316000.00 86.90 4-01-2004 20005201 DANIEL WEBSTE 15000.00 4125.00 19125.00 275000.00 75.63 4-01-2004 20005401 DEAN ACADEMY 20000.00 4335.00 24335.00 289000.00 79.48 4-01-2004 20005801 DRAKE UNIV. 40000.00 12150.00 52150.00 810000.00 222.75 4-01-2004 20006401 KS.ST.TEACHER 40000.00 3750.00 43750.00 250000.00 68.75 4-01-2004 20007201 FOOTHILL JUNI 0.00 900.00 900.00 60000.00 16.50 4-01-2004 20007801 GORDON COLLEG 50000.00 9870.00 59870.00 564000.00 155.10 4-01-2004 20007901 GRAMBLING 0.00 937.50 937.50 0.00 - 4-01-2004 20007902 GRAMBLING 0.00 5175.00 5175.00 345000.00 94.88 4-01-2004 20009302 JARVIS CHRIST 22000.00 6900.00 28900.00 460000.00 126.50 4-01-2004 20009502 SACRED HEART 20000.00 930.00 20930.00 62000.00 17.05 4-01-2004 20010802 LONG ISLAND U 0.00 3806.25 3806.25 203000.00 55.83 4-01-2004 20011401 MCKENDREE COLM 50000.00 3150.00 53150.00 210000.00 57.75 4-01-2004 20012101 MIDDLEBURY CO 38000.00 15720.00 53720.00 1048000.00 288.20 4-01-2004 20012601 MISSOURI WEST 0.00 2460.00 2460.00 164000.00 45.10 4-01-2004 20012901 MONTEREY JR C 0.00 3675.00 3675.00 245000.00 67.38 4-01-2004 20013501 NEW ENGLAND C 0.00 5129.37 5129.37 282999.99 77.82 4-01-2004 20013502 NEW ENGLAND C 40000.00 12525.00 52525.00 835000.00 229.63 4-01-2004 20016101 RIVERSIDE HOS 30000.00 1665.00 31665.00 111000.00 30.53 4-01-2004 20016201 RIVIER COLLEG 40000.00 9116.88 49116.88 503000.00 138.33 4-01-2004 20016701 SCRIPPS COLLE 0.00 1095.00 1095.00 73000.00 20.08 4-01-2004 20017102 SOUTH DAKOTA 80000.00 17325.00 97325.00 1155000.00 317.63 4-01-2004 20017301 S.E. MISSOURI 180000.00 6475.00 186475.00 370000.00 101.75 4-01-2004 20018001 ST. EDWARDS 13000.00 2700.62 15700.62 149000.00 40.98 4-01-2004 20018302 ST. MICHAELS 25000.00 1575.00 26575.00 105000.00 28.88 4-01-2004 20019101 TAYLOR UNIV. 0.00 5850.00 5850.00 390000.00 107.25 4-01-2004 20019401 TEXAS COLLEGE 35000.00 2100.00 37100.00 140000.00 38.50 4-01-2004 20019701 TUFTS COLLEGE 0.00 1558.75 1558.75 86000.00 23.65 4-01-2004 20021001 UNIV HAWAII 0.00 6000.00 6000.00 400000.00 110.00 4-01-2004 20021701 UNIV. OF NOTR 80000.00 21450.00 101450.00 1430000.00 393.25 4-01-2004 20021901 UNIV. OF PORT 18000.00 3180.00 21180.00 212000.00 58.30 4-01-2004 20022301 UNIV. SOUTH D 0.00 11835.62 11835.62 653000.00 179.58 4-01-2004 20022601 UNIV.OF STEUB 20000.00 3476.25 23476.25 206000.00 56.65 4-01-2004 20022602 UNIV. OF STEUB 15000.00 3975.00 18975.00 265000.00 72.88 4-01-2004 20022701 UNIV OF VERMO 57000.00 34905.00 91905.00 2327000.00 639.93 4-01-2004 20023601 WSTRN WASH. S 0.00 1200.00 1200.00 80000.00 22.00 4-01-2004 20023901 XAVIER UNIV. 0.00 6675.00 6675.00 445000.00 122.38 TOTALS: 1,373,000.00 336,220.62 1,709,220.62 21,644,999.99 5,952.48 ============ ========== ============ ============= ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF APRIL 1, 2004 THROUGH APRIL 30, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ----------------------------------------------------------------------------------------------- 20003502 4-05-04 183,715.00 181,000.00 2,715.00 - 10-01-2011 20004304 4-05-04 320,709.38 315,000.00 5,709.38 - 4-01-2005 20011401 4-02-04 213,150.00 210,000.00 3,150.00 - 4-01-2007 20017102 4-02-04 1,092,325.00 1,075,000.00 17,325.00 - 4-01-2016 20021901 4-20-04 215,180.00 212,000.00 3,180.00 - 4-01-2013 TOTAL: 2,025,079.38 1,993,000.00 32,079.38 - ============ ============ ========= =====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF APRIL 1, 2004 THROUGH APRIL 30, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - --------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF APRIL 30, 2004
INTEREST GMACCM NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - ----------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 335,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 179,208.82 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,020,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERSITY 3.00 752,587.58 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 111,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 472,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,435,000.00 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004401 R.I. JR. COLLEGE 3.00 306,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 464,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 770,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 95,726.83 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 483,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594,430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,010,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 89,600.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 835,000.00 4-01-2019
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF APRIL 30, 2004
INTEREST GMACCM NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - ----------------------------------------------------------------------------------------------------- 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,524,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 81,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 463,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 934,268.49 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 104,334.33 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.63 136,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 98,991.79 11-01-2013 20019101 TAYLOR UNIVERISITY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 108,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,556,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021101 UNIVERSITY OF MISSOURI 3.63 182,000.00 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3.00 215,000.00 5-01-2023 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,590,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,270,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 402,765.17 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 45,152,791.42 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF APRIL 30, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - ---------------------------------------------------------------------------- 20018701 SUOMI COLL. 11-08-2003 21,577.37 2,876,983.12 20010801 LONG ISLAND U 6-01-2003 8,999.98 483,999.98 --------- ------------ TOTAL 30,577.35 3,360,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF APRIL 30, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF MAY 1, 2004 THROUGH MAY 31, 2004 COLLECTIONS: Principal Payments 377,881.23 Interest Payments 163,384.90 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 541,266.13 ========== Payments and Reversals Posted to Suspense - ---------- TOTAL COLLECTIONS 541,266.13 ========== Less: Servicing Fees (not withheld from remittances) (4,068.83) ---------- NET COLLECTIONS 537,197.30 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF MAY 1, 2004 THROUGH MAY 31, 2004
DATE DUE GMACCM NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE PRINCIPAL BALANCE SERVICE FEES - ------------------------------------------------------------------------------------------------------------------------ 5-01-2004 20000401 ALFRED UNIVER 0.00 2655.00 2655.00 177000.00 48.68 5-01-2004 20001201 ATLANTIC UNIO 3302.31 2688.13 5990.44 179208.82 49.28 5-01-2004 20001901 THE BENEDICT 0.00 510.00 510.00 34000.00 9.35 5-01-2004 20002701 CALIFORNIA ST 0.00 21900.00 21900.00 1460000.00 401.50 5-01-2004 20002801 CARNEGIE-MELL 15000.00 7305.00 22305.00 487000.00 133.93 5-01-2004 20004501 CONCORDIA TEA 25000.00 6975.00 31975.00 464999.99 127.87 5-01-2004 20006501 FAIRLEIGH DIC 0.00 945.00 945.00 0.00 - 5-01-2004 20006502 FAIRLEIGH DIC 2178.92 1435.90 3614.82 95726.83 26.32 5-01-2004 20008201 HAMPSHIRE COL 0.00 765.00 765.00 51000.00 14.03 5-01-2004 20008301 HARCUM JR COL 0.00 8100.00 8100.00 540000.00 148.50 5-01-2004 20008401 HAVERFORD COL 0.00 5618.75 5618.75 310000.00 85.25 5-01-2004 20010002 KNOX COLLEGE 10446.18 1147.46 11593.64 76497.27 21.04 5-01-2004 20012001 MSU HOUSING 14393.48 9132.36 23525.84 608823.83 167.43 5-01-2004 20013301 MORRIS COLLEG 0.00 10245.00 10245.00 683000.00 187.83 5-01-2004 20016401 CALIFORNIA ST 0.00 5025.00 5025.00 335000.00 92.13 5-01-2004 20016501 CALIFORNIA ST 0.00 10500.00 10500.00 700000.00 192.50 5-01-2004 20016601 SARAH LAWRENC 20951.44 14328.30 35279.74 955219.93 262.69 5-01-2004 20017801 SPRINGFIELD C 6653.08 1664.82 8317.90 110987.41 30.52 5-01-2004 20018403 LELAND STANFO 30000.00 12240.00 42240.00 816000.00 224.40 5-08-2004 20018701 SUOMI COLLEGE 0.00 21577.37 21577.37 2876983.12 791.17 5-01-2004 20018801 SUSQUEHANNA U 0.00 900.00 900.00 60000.00 16.50 5-01-2004 20018802 SUSQUEHANNA U 0.00 5618.75 5618.75 310000.00 85.25 5-01-2004 20018901 SWARTHMORE CO 4217.72 1548.14 5765.86 103209.51 28.38 5-01-2004 20019201 TEMPLE UNIV. 0.00 6041.25 6041.25 358000.00 98.45 5-01-2004 20020001 UNIV. OF ALAB 70000.00 23340.00 93340.00 1556000.00 427.90 5-01-2004 20021101 UNIV.OF MISSO 182000.00 3298.75 185298.75 182000.00 50.05 5-01-2004 20021301 UNIV OF MONTE 8000.00 3225.00 11225.00 215000.00 59.13 5-01-2004 20023501 WSTRN MARYLAN 0.00 15750.00 15750.00 1050000.00 288.75 TOTALS: 392,143.13 204,479.98 596,623.11 14,795,656.71 4,068.83 ========== ========== ========== ============= ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF MAY 1, 2004 THROUGH MAY 31, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST MATURITY NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES DATE - -------------------------------------------------------------------------------------- 20021101 5-04-04 185,298.75 182,000.00 3,298.75 - 5-01-2004 TOTAL: 185,298.75 182,000.00 3,298.75 - ========== ========== ======== ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF MAY 1, 2004 THROUGH MAY 31, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ---------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ====== ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF MAY 31, 2004
GMACCM NUMBER BORROWER NAME INTEREST RATE CURRENT UPB MATURITY DATE - ------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 290,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 175,906.51 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,020,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 752,587.58 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 111,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 472,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,435,000.00 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004401 R.I. JR. COLLEGE 3.00 306,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 439,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 770,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 93,547.91 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL. 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 483,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594,430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,010,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 87,200.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 795,000.00 4-01-2019
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF MAY 31, 2004
GMACCM NUMBER BORROWER NAME INTEREST RATE CURRENT UPB MATURITY DATE - ------------------------------------------------------------------------------------------------------- 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,524,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 81,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 463,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 934,268.49 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 104,334.33 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.63 136,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 98,991.79 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 108,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,486,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3.00 207,000.00 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,590,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,270,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 402,765.17 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 44,774,910.19 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF MAY 31, 2004
GMACCM LOAN NUMBER BORROWER NAME NEXT PAYMENT DUE P AND I DUE CURRENT UPB - -------------------------------------------------------------------------------- 20018701 SUOMI COLL. 11-08-2003 21,577.37 2,876,983.12 20010801 LONG ISLAND U 6-01-2003 8,999.98 483,999.98 --------- ------------ TOTAL 30,577.35 3,360,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF MAY 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF JUNE 1, 2004 THROUGH JUNE 30, 2004 COLLECTIONS: Principal Payments 359,234.22 Interest Payments 86,630.70 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 445,864.92 ========== Payments and Reversals Posted to Suspense - ---------- TOTAL COLLECTIONS 445,864.92 ========== Less: Servicing Fees (not withheld from remittances) (1,178.35) ---------- NET COLLECTIONS 444,686.57 ==========
COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF JUNE 1, 2004 THROUGH JUNE 30, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - ---------------------------------------------------------------------------------------------------------------- 6-30-2004 20002401 BOSTON UNIVER 14838.10 11288.82 26126.92 752587.58 206.96 6-01-2004 20009702 KENT STATE 0.00 9750.00 9750.00 650000.00 178.75 6-01-2004 20010801 LONG ISLAND U 30000.00 7125.00 37125.00 483999.98 133.10 6-01-2004 20012501 MISSOURI SOUT 0.00 4095.00 4095.00 272999.99 75.07 6-01-2004 20013001 MONTREAT-ANDE 2400.00 1344.00 3744.00 89600.00 24.64 6-01-2004 20014401 DOMNION UNIV. 135000.00 22875.00 157875.00 1524999.99 419.37 6-01-2004 20019601 TOUGALOO COLL 5000.00 1620.00 6620.00 108000.00 29.70 6-30-2004 20023102 VANDERBLT/GEO 34396.12 6026.88 40423.00 402765.17 110.76 TOTALS: 221,634.22 64,124.70 285,758.92 4,284,952.71 1,178.35 ============ ========== ========== ============ ========
Page 2 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF JUNE 1, 2004 THROUGH JUNE 30, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ------------------------------------------------------------------------------------------------------ NONE TO REPORT FOR THIS PERIOD TOTAL: - - - - ====== ========= ======== ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF JUNE 1, 2004 THROUGH JUNE 30, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ----------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ====== ========= ========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF JUNE 30, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - -------------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 290,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 175,906.51 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,020,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 737,749.48 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 111,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 472,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,435,000.00 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004401 R.I. JR. COLLEGE 3.00 306,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 439,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 770,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 93,547.91 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL. 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 453,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594,430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,010,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 87,200.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013
Page 5 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF JUNE 30, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - -------------------------------------------------------------------------------------------------------------- 20013502 NEW ENGLAND COLLEGE 3.00 795,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,389,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 81,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 463,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 934,268.49 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 104,334.33 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.63 136,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 98,991.79 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 103,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,486,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3.00 207,000.00 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,450,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,270,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 368,369.05 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 44,415,675.97 =============
Page 6 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF JUNE 30, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - ------------------------------------------------------------------------------------ 20018701 SUOMI COLL. 11-08-2003 21,577.37 2,876,983.12 --------- ------------ TOTAL 21,577.37 2,876,983.12 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF JUNE 30, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF JULY 1, 2004 THROUGH JULY 31, 2004 COLLECTIONS: Principal Payments 813,000.00 Interest Payments 71,062.37 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 884,062.37 ========== Payments and Reversals Posted to Suspense (20,122.37) ========== TOTAL COLLECTIONS 863,940.00 ========== Less: Servicing Fees (not withheld from remittances) (1,331.30) ---------- NET COLLECTIONS 862,608.70 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF JULY 1, 2004 THROUGH JULY 31, 2004
GMACCM DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE PRINCIPAL BALANCE SERVICE FEES - --------------------------------------------------------------------------------------------------------------------------- 7-01-2004 20001002 APPALACHIAN S 139000.00 2085.00 141085.00 139000.00 38.23 7-01-2004 20003901 COLL. OF CHAR 55000.00 11550.00 66550.00 770000.00 211.75 7-01-2004 20006801 FLORIDA ATLAN 45000.00 2025.00 47025.00 135000.00 37.13 7-01-2004 20009101 IOWA STATE UN 125000.00 7500.00 132500.00 500000.00 137.50 7-01-2004 20009201 JACKSON ST. 0.00 2250.00 2250.00 150000.00 41.25 7-01-2004 20012401 MISSISSIPPI V 10000.00 750.00 10750.00 50000.00 13.75 7-01-2004 20012801 MONTCLAIR COL 42000.00 3330.00 45330.00 222000.00 61.05 7-01-2004 20020803 UNIV. OF FLOR 0.00 1695.00 1695.00 113000.00 31.08 7-01-2004 20021401 U OF NEBRASKA 5000.00 1455.00 6455.00 97000.00 26.68 7-01-2004 20021603 NORTH CAROLIN 0.00 16125.00 16125.00 1075000.00 295.63 7-01-2004 20022401 SOUTH FLORIDA 140,000.00 23,850.00 163,850.00 1,590,000.00 437.25 TOTALS: 561,000.00 72,615.00 633,615.00 4,841,000.00 1,331.30 ========== ========= ========== ============ ========
Page 2 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF JULY 1, 2004 THROUGH JULY 30, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ----------------------------------------------------------------------------------------------------------------------- 20001002 7-01-04 141,085.00 139,000.00 2,085.00 - 7-01-2004 20009101 7-01-04 507,500.00 500,000.00 7,500.00 - 7-01-2007 TOTAL: 648,585.00 639,000.00 9,585.00 - ========== ========== ======== ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF JULY 1, 2004 THROUGH JULY 31, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ------------------------------------------------------------------ None to Report -- 0.00 0.00 0 TOTAL: - - - ===== ====== ========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF JULY 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 290,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001201 ATLANTIC UNION COLLEGE 3.00 175,906.51 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,020,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 737,749.48 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 111,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 472,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,435,000.00 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 715,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004401 R.I. JR. COLLEGE 3.00 306,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 439,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 770,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 93,547.91 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 90,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL. 3.63 310,000.00 11-01-2013 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 123,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 453,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594,430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,010,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 40,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 180,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 87,200.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 795,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006
Page 5 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF JULY 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------------------- 20014401 OLD DOMINION UNIVERSITY 3.00 1,389,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 81,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 463,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 934,268.49 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 104,334.33 5-01-2011 20018001 ST.EDWARDS UNIVERSITY 3.63 136,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 98,991.79 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 103,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,486,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3.00 207,000.00 5-01-2023 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 3.00 97,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,450,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,270,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 368,369.05 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 43,602,675.97 =============
Page 6 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF JULY 31, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - --------------------------------------------------------------------------- 20018701 SUOMI COLL. 2-08-2004 43,154.74 2,876,983.12 --------- ------------ TOTAL 43,154.74 2,876,983.12 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF JULY 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF AUGUST 1, 2004 THROUGH AUGUST 31, 2004 COLLECTIONS: Principal Payments 168,000.00 Interest Payments 8,175.00 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 176,175.00 ========== Payments and Reversals Posted to Suspense 539,247.37 ========== TOTAL COLLECTIONS 715,422.37 ========== Less: Servicing Fees (not withheld from remittances) (132.26) ---------- NET COLLECTIONS 715,290.11 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF AUGUST 1, 2004 THROUGH AUGUST 31, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - ---------------------------------------------------------------------------------------------------------------------- 8-01-2004 20002501 BRYAN COLLEGE 8,000.00 1,665.00 9,665.00 111,000.00 30.53 8-01-2004 20006901 FLORIDA TECH 0.00 255.00 255.00 17000.00 4.68 8-01-2004 20010301 LAREDO MUN. J 22000.00 2175.00 24175.00 145000.00 39.88 8-01-2004 20018601 STILLMAN COLL 0.00 150.00 150.00 10000.00 2.75 8-01-2004 20023101 VANDERBLT/GEO 155000.00 4633.43 159633.43 308895.00 84.95 TOTALS: 177,000.00 7,213.43 184,213.43 480,895.00 132.26 ========== ======== ========== ========== ======
Page 2 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF AUGUST 1, 2004 THROUGH AUGUST 31, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ------------------------------------------------------------------------------------------------------ TOTAL: - - - - ====== ========= ======== ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF JULY 1, 2004 THROUGH JULY 31, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ----------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ====== ========= ========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF AUGUST 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - -------------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 290,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001201 ATLANTIC UNION COLLEGE 3.00 175,906.51 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,020,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 737,749.48 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 103,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 472,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,435,000.00 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 715,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004401 R.I. JR. COLLEGE 3.00 306,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 439,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 770,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 93,547.91 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 90,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL. 3.63 310,000.00 11-01-2013 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 123,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 453,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594,430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,010,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 40,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 180,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 87,200.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 795,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006
Page 5 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF AUGUST 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - -------------------------------------------------------------------------------------------------------------- 20014401 OLD DOMINION UNIVERSITY 3.00 1,389,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 81,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 463,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 934,268.49 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 104,334.33 5-01-2011 20018001 ST.EDWARDS UNIVERSITY 3.63 136,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 98,991.79 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 103,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,486,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3.00 207,000.00 5-01-2023 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 3.00 92,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,450,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,270,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 153,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 368,369.05 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 43,434,675.97 =============
Page 6 of 8 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF AUGUST 31, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - ------------------------------------------------------------------------------------ 20018701 SUOMI COLL. 2-08-2004 43,154.74 2,876,983.12 20010801 LONG ISLAND UNIVERSITY 6-01-2004 8,999.98 453,999.98 --------- ------------ TOTAL 52,154.72 3,330,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF JULY 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF SEPTEMBER 1, 2004 THROUGH SEPTEMBER 30,2004 COLLECTIONS: Principal Payments 632,000.00 Interest Payments 72,070.00 ---------- TOTAL PRINCIPAL AND INTEREST COLLECTIONS 704,070.00 ========== Payments and Reversals Posted to Suspense (434,924.48) ========== TOTAL COLLECTIONS 269,145.52 ========== Less: Servicing Fees (not withheld from remittances) (1,147.59) ---------- NET COLLECTIONS 267,997.93 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF SEPTEMBER 1, 2004 THROUGH SEPTEMBER 30, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - -------------------------------------------------------------------------------------------------------------------- 9-01-2004 20000902 ANDERSON COLL - 2,250.00 2,250.00 150,000.00 41.25 9-01-2004 20013801 NORTH CAROLIN 130000.00 6075.00 136075.00 405000.00 111.38 9-01-2004 20019502 TEXAS TECH UN 0.00 8573.12 8573.12 473000.00 130.08 9-01-2004 20019504 TEXAS TECH UN 0.00 53071.88 53071.88 3145000.00 864.88 TOTALS: 130,000.00 69,970.00 199,970.00 4,173,000.00 1,147.59 ========== ========= ========== ============ ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF SEPTEMBER 1, 2004 THROUGH SEPTEMBER 30, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ------------------------------------------------------------------------------------ TOTAL: - - - - === === === ===
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF SEPTEMBER 1, 2004 THROUGH SEPTEMBER 30, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - -------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF SEPTEMBER 30, 2004
GMACCM NUMBER BORROWER NAME INTEREST RATE CURRENT UPB MATURITY DATE - ------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1020000 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177000 11-01-2007 20000601 ALMA COLLEGE 3.00 290000 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150000 3-01-2010 20001201 ATLANTIC UNION COLLEGE 3.00 175906.51 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1020000 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603000 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34000 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88000 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272000 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 14000 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 34000 10-01-2007 20002401 BOSTON UNIVERSITY 3.00 737749.48 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 103000 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1460000 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 472000 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSITY 3.00 1435000 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 715000 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445000 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97000 10-01-2004 20004401 R.I. JR. COLLEGE 3.00 306000 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 439999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260000 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269000 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 770000 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210000 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 93547.91 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 90000 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17000 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 40000 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345000 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51000 11-01-2006 20008301 HARCUM COLLEGE 3.00 540000 11-01-2015 20008401 HAVERFORD COLL. 3.63 310000 11-01-2013 20009201 JACKSON STATE COLLEGE 3.00 150000 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438000 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42000 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650000 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 123000 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 453999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203000 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1010000 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 40000 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164000 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 180000 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245000 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 87200 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683000 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 795000 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 275000 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1389999.99 6-01-2013
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF SEPTEMBER 30, 2004
GMACCM NUMBER BORROWER NAME INTEREST RATE CURRENT UPB MATURITY DATE - ------------------------------------------------------------------------------------------------------- 20016101 RIVERSIDE HOSPITAL 3.00 81000 4-01-2007 20016201 RIVIER COLLEGE 3.63 463000 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335000 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700000 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 934268.49 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73000 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190000 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 104334.33 5-01-2011 20018001 ST.EDWARDS UNIVERSITY 3.63 136000 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80000 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10000 2-01-2007 20018701 SOUMI COLLEGE 3.00 2426983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60000 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310000 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 98991.79 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390000 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358000 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105000 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473000 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3145000 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 103000 6-01-2021 20019701 TUFTS COLLEGE 3.63 86000 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1486000 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113000 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400000 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3.00 207000 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3.00 92000 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1075000 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1350000 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1450000 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186000 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250000 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2270000 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 153895 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 368369.05 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1050000 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80000 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445000 10-01-2017 TOTALS: 42,802,675.97 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF SEPTEMBER 30, 2004
GMACCM LOAN NUMBER BORROWER NAME NEXT PAYMENT DUE P AND I DUE CURRENT UPB - ------------------------------------------------------------------------------------ 20018701 SUOMI COLL. 2-08-2004 64,732.11 2,426,983.12 20010801 LONG ISLAND UNIVERSITY 6-01-2004 8,999.98 453,999.98 --------- ------------ TOTAL 73,732.09 2,880,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF SEPTEMBER 30, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF OCTOBER 1, 2004 THROUGH OCTOBER 31, 2004 COLLECTIONS: Principal Payments 1,120,299.57 Interest Payments 283,003.89 ============ TOTAL PRINCIPAL AND INTEREST COLLECTIONS 1,403,303.46 ============ Payments and Reversals Posted to Suspense 80,807.64 ============ TOTAL COLLECTIONS 1,484,111.10 ============ Less: Servicing Fees (not withheld from remittances) (4,834.57) ------------ NET COLLECTIONS 1,479,276.53 ============
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF OCTOBER 1, 2004 THROUGH OCTOBER 31, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - ------------------------------------------------------------------------------------------------------------ 10-01-2004 20000101 ALBION COLLEGE 70,000.00 15,300.00 85,300.00 1,020,000.00 280.50 10-01-2004 20000601 ALMA COLLEGE 0.00 4,350.00 4,350.00 290,000.00 79.75 10-01-2004 20001301 AUGSBERG COLL 0.00 15,300.00 15,300.00 1,020,000.00 280.50 10-01-2004 20001401 AZUSA UNIVERS 0.00 9,045.00 9,045.00 603,000.00 165.83 10-01-2004 20002101 BIRMINGHAM SO 40,000.00 1,320.00 41,320.00 88,000.00 24.20 10-01-2004 20002102 BIRMINGHAM SO 36,000.00 4,080.00 40,080.00 272,000.00 74.80 10-01-2004 20002201 BLACKS HILLS 20,000.00 510.00 20,510.00 34,000.00 9.35 10-01-2004 20002202 BLACKS HILLS 12,000.00 690.00 12,690.00 46,000.00 12.65 10-01-2004 20003001 CASE WESTERN 0.00 21,525.00 21,525.00 1,435,000.00 394.63 10-01-2004 20004001 COLL.OF ST. T 0.00 6,675.00 6,675.00 445,000.00 122.38 10-01-2004 20004202 VIRGIN ISLAND 97,000.00 1,455.00 98,455.00 97,000.00 26.68 10-01-2004 20004401 R.I. JR. COLL 10,000.00 4,590.00 14,590.00 306,000.00 84.15 10-01-2004 20005201 DANIEL WEBSTE 0.00 3,900.00 3,900.00 260,000.00 71.50 10-01-2004 20005401 DEAN ACADEMY 0.00 4,035.00 4,035.00 269,000.00 73.98 10-01-2004 20005801 DRAKE UNIV. 40,000.00 11,550.00 51,550.00 770,000.00 211.75 10-01-2004 20006401 KS.ST.TEACHER 0.00 3,150.00 3,150.00 210,000.00 57.75 10-01-2004 20007902 GRAMBLING 170,000.00 5,175.00 175,175.00 345,000.00 94.88 10-01-2004 20009302 JARVIS CHRIST 0.00 6,570.00 6,570.00 438,000.00 120.45 10-01-2004 20009502 SACRED HEART 0.00 630.00 630.00 42,000.00 11.55 10-01-2004 20010802 LONG ISLAND U 100,000.00 3,806.25 103,806.25 203,000.00 55.83 10-01-2004 20012101 MIDDLEBURY CO 40,000.00 15,150.00 55,150.00 1,010,000.00 277.75 10-01-2004 20012601 MISSOURI WEST 31,000.00 2,460.00 33,460.00 164,000.00 45.10 10-01-2004 20012901 MONTEREY JR C 15,000.00 3,675.00 18,675.00 245,000.00 67.38 10-01-2004 20013501 NEW ENGLAND C 25,000.00 5,129.37 30,129.37 282,999.99 77.82 10-01-2004 20013502 NEW ENGLAND C 0.00 11,925.00 11,925.00 795,000.00 218.63 10-01-2004 20016101 RIVERSIDE HOS 0.00 1,215.00 1,215.00 81,000.00 22.28 10-01-2004 20016201 RIVIER COLLEG 0.00 8,391.88 8,391.88 463,000.00 127.33 10-01-2004 20016701 SCRIPPS COLLE 45,000.00 1,095.00 46,095.00 73,000.00 20.08 10-01-2004 20017301 S.E. MISSOURI 0.00 3,325.00 3,325.00 190,000.00 52.25 10-01-2004 20018001 ST. EDWARDS 0.00 2,465.00 2,465.00 136,000.00 37.40 10-01-2004 20018302 ST. MICHAELS 0.00 1,200.00 1,200.00 80,000.00 22.00 10-01-2004 20019101 TAYLOR UNIV. 50,000.00 5,850.00 55,850.00 390,000.00 107.25 10-01-2004 20019401 TEXAS COLLEGE 0.00 1,575.00 1,575.00 105,000.00 28.88 10-01-2004 20019701 TUFTS COLLEGE 86,000.00 1,558.75 87,558.75 86,000.00 23.65 10-01-2004 20021001 UNIV HAWAII 130,000.00 6,000.00 136,000.00 400,000.00 110.00 10-01-2004 20021701 UNIV. OF NOTR 0.00 20,250.00 20,250.00 1,350,000.00 371.25 10-01-2004 20021901 UNIV. OF PORT 0.00 2,910.00 2,910.00 194,000.00 53.35 10-01-2004 20022601 UNIV.OF STEUB 0.00 3,138.75 3,138.75 186,000.00 51.15 10-01-2004 20022602 UNIV.OF STEUB 0.00 3,750.00 3,750.00 250,000.00 68.75 10-01-2004 20022701 UNIV OF VERMO 58,000.00 34,050.00 92,050.00 2,270,000.00 624.25 10-01-2004 20023601 WSTRN WASH. S 20,000.00 1,200.00 21,200.00 80,000.00 22.00 10-01-2004 20023901 XAVIER UNIV. 25,000.00 6,675.00 31,675.00 445,000.00 122.38 8-01-2004 20002501 BRYAN COLLEGE 8,000.00 1,665.00 9,665.00 111,000.00 30.53 service fee uncollected 8/2004 TOTALS: 1,128,000.00 268,310.00 1,396,310.00 17,579,999.99 4,834.57 ============ ========== ============ ============= ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF OCTOBER 1, 2004 THROUGH OCTOBER 31, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ------------------------------------------------------------------------------------------- 20004202 4-10-01 98,455.00 97,000.00 1,455.00 10-01-2004 20019701 4-10-01 87,558.75 86,000.00 1,558.75 10-01-2004 TOTAL: 186,013.75 183,000.00 3,013.75 - ========== ========== ======== ======
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF OCTOBER 1, 2004 THROUGH OCTOBER 31, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - --------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF OCTOBER 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 950,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 290,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 150,000.00 3-01-2010 20001201 ATLANTIC UNION COLLEGE 3.00 175,906.51 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,020,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 603,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 48,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 236,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 14,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 737,749.48 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 103,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 457,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,435,000.00 4-01-2016 20003901 COLLEGE OF CHARLESTON 3.00 715,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 445,000.00 4-01-2017 20004401 R.I. JR. COLLEGE 3.00 296,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 439,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 260,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 269,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 730,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 210,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 93,547.91 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 90,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 17,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 40,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 175,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL 3.63 310,000.00 11-01-2013 20009201 JACKSON STATE COLLEGE 3.00 150,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 438,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 42,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 123,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 453,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 103,000.00 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3.00 594,430.35 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 970,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 40,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 133,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 180,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3.00 87,200.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 257,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 795,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 275,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,389,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 81,000.00 4-01-2007
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF OCTOBER 31, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - --------------------------------------------------------------------------------------------- 20016201 RIVIER COLLEGE 3.63 463,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 913,002.78 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 28,000.00 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 190,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 97,581.45 5-01-2011 20018001 ST.EDWARDS UNIVERSITY 3.63 136,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 80,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 10,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,426,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 94,710.81 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 340,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 105,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 473,000.00 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.38 3,145,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 103,000.00 6-01-2021 20020001 UNIVERSITY OF ALABAMA 3.00 1,486,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 113,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 270,000.00 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3.00 207,000.00 5-01-2023 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 3.00 92,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,075,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,350,000.00 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,450,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 186,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 250,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,212,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 153,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 368,369.05 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 60,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 420,000.00 10-01-2017 TOTALS: 41,682,376.40 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF OCTOBER 31, 2004
GMACCM LOAN NEXT PAYMENT P AND I NUMBER BORROWER NAME DUE DUE CURRENT UPB - ------------------------------------------------------------------------------------ 20018701 SUOMI COLL. 2-08-2004 64,732.11 2,426,983.12 20010801 LONG ISLAND UNIVERSITY 6-01-2004 8,999.98 453,999.98 --------- ------------ TOTAL 73,732.09 2,880,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF OCTOBER 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF NOVEMBER 1, 2004 THROUGH NOVEMBER 30, 2004 COLLECTIONS: Principal Payments 549,572.82 Interest Payments 137,181.28 ========== TOTAL PRINCIPAL AND INTEREST COLLECTIONS 686,754.10 ========== Payments and Reversals Posted to Suspense (52,626.85) ========== TOTAL COLLECTIONS 634,127.25 ========== Less: Servicing Fees (not withheld from remittances) (2,836.22) ---------- NET COLLECTIONS 631,291.03 ==========
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF NOVEMBER 1, 2004 THROUGH NOVEMBER 30, 2004
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - --------------------------------------------------------------------------------------------------------------- 11012004 20000401 ALFRED UNIVER 42,000.00 2,655.00 44,655.00 177,000.00 48.68 11012004 20001201 ATLANTIC UNIO 3,351.84 2,638.60 5,990.44 175,906.51 48.37 11012004 20001901 THE BENEDICT 11,000.00 510.00 11,510.00 34,000.00 9.35 11012004 20002701 CALIFORNIA ST 140,000.00 21,900.00 161,900.00 1,460,000.00 401.50 11012004 20002801 CARNEGIE-MELL 15,000.00 7,080.00 22,080.00 472,000.00 129.80 11012004 20004501 CONCORDIA TEA 30,000.00 6,600.00 36,600.00 439,999.99 121.00 11012004 20006502 FAIRLEIGH DIC 2,211.60 1,403.22 3,614.82 93,547.91 25.73 11012004 20008301 HARCUM JR COL 40,000.00 8,100.00 48,100.00 540,000.00 148.50 11012004 20012001 MSU HOUSING 14,609.38 8,916.46 23,525.84 594,430.35 163.47 11012004 20013301 MORRIS COLLEG 59,000.00 10,245.00 69,245.00 683,000.00 187.83 11012004 20016401 CALIFORNIA ST 15,000.00 5,025.00 20,025.00 335,000.00 92.13 11012004 20016501 CALIFORNIA ST 30,000.00 10,500.00 40,500.00 700,000.00 192.50 11012004 20016601 SARAH LAWRENC 21,265.71 14,014.03 35,279.74 934,268.49 256.92 11012004 20017801 SPRINGFIELD C 6,752.88 1,565.02 8,317.90 104,334.33 28.69 11012004 20018801 SUSQUEHANNA U 20,000.00 900.00 20,900.00 60,000.00 16.50 11012004 20018802 SUSQUEHANNA U 25,000.00 5,618.75 30,618.75 310,000.00 85.25 11012004 20018901 SWARTHMORE CO 4,280.98 1,484.88 5,765.86 98,991.79 27.22 11012004 20019201 TEMPLE UNIV. 30,000.00 6,041.25 36,041.25 358,000.00 98.45 11012004 20020001 UNIV. OF ALAB 0.00 22,290.00 22,290.00 1,486,000.00 408.65 11012004 20021101 UNIV.OF MISSO 0.00 3,298.75 3,298.75 0.00 - 11012004 20021301 UNIV OF MONTE 0.00 3,105.00 3,105.00 207,000.00 56.93 11012004 20023501 WSTRN MARYLAN 70,000.00 15,750.00 85,750.00 1,050,000.00 288.75 TOTALS: 579,472.39 159,640.96 739,113.35 10,313,479.37 2,836.22 ========== ========== ========== ============= ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF NOVEMBER 1, 2004 THROUGH NOVEMBER 30, 2004
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ----------------------------------------------------------------------------------------------------- NONE TO REPORT 0.00 0.00 0.00 0.00 TOTAL: - - - - ==== ==== ==== ====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF NOVEMBER 1, 2004 THROUGH NOVEMBER 30, 2004
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ----------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF NOVEMBER 30, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - ----------------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3 950000 10-01-2015 20000401 UNIVERSITY OF ALFRED 3 135000 11-01-2007 20000601 ALMA COLLEGE 3 290000 4-01-2010 20000902 ANDERSON COLLEGE 3 150000 3-01-2010 20001201 ATLANTIC UNION COLLEGE 3 172554.67 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3 1020000 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3 603000 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3 23000 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3 48000 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3 236000 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3 14000 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3 34000 10-01-2007 20002401 BOSTON UNIVERSITY 3 737749.48 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3 103000 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3 1320000 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3 457000 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSITY 3 1435000 4-01-2016 20003901 COLLEGE OF CHARLESTON 3 715000 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3 445000 4-01-2017 20004401 R.I. JR. COLLEGE 3 296000 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3 409999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3 260000 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3 269000 4-01-2016 20005801 DRAKE UNIVERSITY 3 730000 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3 210000 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3 91336.31 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3 90000 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3 17000 2-01-2006 20007201 FOOTHILL COLLEGE 3 40000 10-01-2006 20007902 GRAMBLING COLLEGE 3 175000 10-01-2005 20008201 HAMPSHIRE COLLEGE 3 51000 11-01-2006 20008301 HARCUM COLLEGE 3 500000 11-01-2015 20008401 HAVERFORD COLL 3.625 310000 11-01-2013 20009201 JACKSON STATE COLLEGE 3 150000 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3 438000 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3 42000 4-01-2006 20009702 KENT STATE UNIVERSITY 3 650000 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3 123000 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3 453999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 103000 10-01-2005 20012001 MICHIGAN STATE UNIVERSITY 3 579820.97 5-01-2020 20012101 MIDDLEBURY COLLEGE 3 970000 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3 40000 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEGE 3 272999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3 133000 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3 180000 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3 230000 10-01-2018 20013001 MONTREAT-ANDERSON COLLEGE 3 84800 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3 624000 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.625 257999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3 795000 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3 275000 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3 1389999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3 81000 4-01-2007 20016201 RIVIER COLLEGE 3.625 463000 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3 320000 11-01-2021
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF NOVEMBER 30, 2004
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - ----------------------------------------------------------------------------------------------------------- 20016501 CALIFORNIA STATE UNIVERSITY 3 670000 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3 913002.78 11-01-2021 20016701 SCRIPPS COLLEGE 3 28000 10-01-2005 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.5 190000 4-01-2005 20017801 SPRINGFIELD COLLEGE 3 97581.45 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.625 136000 4-01-2013 20018302 ST. MICHAELS COLLEGE 3 80000 4-01-2008 20018601 STILLMAN COLLEGE 3 10000 2-01-2007 20018701 FINLANDIA UNIVERSITY 3.5 2426983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3 40000 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.625 285000 11-01-2014 20018901 SWARTHMORE COLLEGE 3 94710.81 11-01-2013 20019101 TAYLOR UNIVERISITY 3 340000 10-01-2010 20019201 TEMPLE UNIVERSITY 3.375 328000 11-01-2014 20019401 TEXAS STATE COLLEGE 3 105000 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.625 473000 3-01-2013 20019504 TEXAS TECH. UNIVERSITY 3.375 3145000 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3 103000 6-01-2021 20020001 UNIVERSITY OF ALABAMA 3 1486000 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3 113000 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3 270000 10-01-2006 20021301 UNIVERSITY OF MONTEVALLO 3 207000 5-01-2023 20021401 UNIV. OF NEBRASKA/ AG MENS CLUB 3 92000 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3 1075000 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3 1350000 4-01-2018 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3 1450000 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.375 186000 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3 250000 4-01-2017 20022701 UNIVERSITY OF VERMONT 3 2212000 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3 153895 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3 368369.05 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3 980000 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3 60000 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3 420000 10-01-2017 TOTALS: 41,132,803.58 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF NOVEMBER 30, 2004
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - -------------------------------------------------------------------------------------- 20010801 LONG ISLAND UNIVERSITY 6-01-2004 8,999.98 453,999.98 -------- ---------- TOTAL 8,999.98 453,999.98 ======== ==========
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF NOVEMBER 31, 2004 NONE TO REPORT FOR THIS PERIOD GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I COLLECTION ACCOUNT ACTIVITY REPORT FOR THE PERIOD OF DECEMBER 1, 2003 THROUGH DECEMBER 31, 2003 COLLECTIONS: Principal Payments 1,125,159.34 Interest Payments 102,887.55 ------------ TOTAL PRINCIPAL AND INTEREST COLLECTIONS 1,228,046.89 ============ Payments and Reversals Posted to Suspense (16,980.58) ------------ TOTAL COLLECTIONS 1,211,066.31 ============ Less: Servicing Fees (not withheld from remittances) (1,274.81) ------------ NET COLLECTIONS 1,209,791.50 ============
GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I SERVICE FEES SCHEDULE FOR THE PERIOD OF DECEMBER 1, 2003 THROUGH DECEMBER 31, 2003
GMACCM PRINCIPAL SERVICE DATE DUE NUMBER BORROWER NAME PRINCIPAL DUE INTEREST DUE TOTAL DUE BALANCE FEES - --------------------------------------------------------------------------------------------------------------------- 12-30-2003 20002401 BOSTON UNIVER 14618.82 11887.81 26506.63 792520.65 217.94 12-01-2003 20008502 HIGH POINT CO 15000.00 1425.00 16425.00 95000.00 26.13 12-01-2003 20009702 KENT STATE 130000.00 11700.00 141700.00 780000.00 214.50 12-01-2003 20010801 LONG ISLAND U 0.00 7125.00 7125.00 483999.98 133.10 12-01-2003 20012501 MISSOURI SOUT 50000.00 4845.00 54845.00 322999.99 88.82 12-01-2003 20013001 MONTREAT-ANDE 2400.00 1380.00 3780.00 92000.00 25.30 12-01-2003 20014401 DOMNION UNIV. 0.00 22875.00 22875.00 1524999.99 419.37 12-01-2003 20019601 TOUGALOO COLL 0.00 1620.00 1620.00 108000.00 29.70 12-30-2003 20023102 VANDERBLT/GEO 33408.56 6542.61 39951.17 436173.73 119.95 TOTALS: 245,427.38 69,400.42 314,827.80 4,635,694.34 1,274.81 ========== ========= ========== ============ ========
Page 1 of 1 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I PAID-IN-FULL LOANS FOR THE PERIOD OF DECEMBER 1, 2003 THROUGH DECEMBER 31, 2003
LOAN PAYOFF TOTAL AMOUNT PRINCIPAL INTEREST NUMBER DATE PAID AMOUNT AMOUNT OTHER FEES MATURITY DATE - ----------------------------------------------------------------------------------------------------- 20010002 12-01-03 76688.51 76497.27 191.24 5-01-2007 20018403 12-15-03 816000.00 816000.00 0.00 5-01-2024 TOTAL: 892,688.51 892,497.27 191.24 - ========== ========== ====== ====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I SUMMARY OF PARTIAL PREPAYMENTS FOR THE PERIOD OF DECEMBER 1, 2003 THROUGH DECEMBER 31, 2003
TOTAL AMOUNT PRINCIPAL INTEREST LOAN NUMBER PAYOFF DATE PAID AMOUNT AMOUNT - ------------------------------------------------------------------------- None to Report -- 0.00 0.00 0 TOTAL: - - - ==== ==== ====
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF DECEMBER 31, 2003
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - -------------------------------------------------------------------------------------------------- 20000101 ALBION COLLEGE 3.00 1,020,000.00 10-01-2015 20000401 UNIVERSITY OF ALFRED 3.00 177,000.00 11-01-2007 20000601 ALMA COLLEGE 3.00 335,000.00 4-01-2010 20000902 ANDERSON COLLEGE 3.00 170,000.00 3-01-2010 20001002 APPALACHIAN STATE UNIVERSITY 3.00 139,000.00 7-01-2004 20001201 ATLANTIC UNION COLLEGE 3.00 179,208.82 5-01-2023 20001301 AUGSBURG COLLEGE ACCT# AUGS466ADSU 3.00 1,090,000.00 4-01-2016 20001401 AZUSA PACIFIC UNIVERSITY-1967#95-403850 3.00 638,000.00 4-01-2017 20001901 BENEDICT COLLEGE SERIES 1974 3.00 34,000.00 11-01-2006 20002101 BIRMINGHAM SOUTHERN COLLEGE 3.00 88,000.00 10-01-2006 20002102 BIRMINGHAM SOUTHERN COLLEGE 3.00 272,000.00 10-01-2010 20002201 BLACK HILLS STATE COLLEGE 3.00 34,000.00 10-01-2005 20002202 BLACK HILLS STATE COLLEGE 3.00 46,000.00 10-01-2007 20002401 BOSTON UNIVERITY 3.00 767,206.41 12-31-2022 20002501 WILLIAM JENNINGS BRYAN COLLEGE 3.00 119,000.00 2-01-2010 20002701 CALIFORNIA STATE UNIVERSITY 3.00 1,460,000.00 11-01-2012 20002801 CARNEGIE MELLON UNIVERSITY 3.00 487,000.00 11-01-2017 20003001 CASE WESTERN RESERVE UNIVERSIT 3.00 1,535,000.00 4-01-2016 20003502 CHAMINADE UNIVERSITY 3.00 181,000.00 10-01-2011 20003901 COLLEGE OF CHARLESTON 3.00 770,000.00 7-01-2016 20004001 COLLEGE OF ST. THOMAS 3.00 475,000.00 4-01-2017 20004202 VIRGIN ISLANDS COLLEGE 3.00 97,000.00 10-01-2004 20004304 COLORADO STATE UNIVERSITY 3.63 315,000.00 4-01-2005 20004401 R.I. JR. COLLEGE 3.00 316,000.00 4-01-2018 20004501 CONCORDIA TEACHERS COLLEGE 3.00 464,999.99 5-01-2011 20005201 DANIEL WEBSTER COLLEGE 3.00 275,000.00 4-01-2019 20005401 DEAN ACADEMY & JR. COLLEGE 3.00 289,000.00 4-01-2016 20005801 DRAKE UNIVERSITY 3.00 810,000.00 10-01-2012 20006401 EMPORIA STATE UNIVERSITY 3.00 250,000.00 4-01-2009 20006502 FAIRLEIGH DICKINSON UNIVERSITY 3.00 95,726.83 11-01-2020 20006801 FLORIDA ATLANTIC UNIVERSITY 3.00 135,000.00 7-01-2006 20006901 FLORIDA INST OF TECH, INC 3.00 26,000.00 2-01-2006 20007201 FOOTHILL COLLEGE 3.00 60,000.00 10-01-2006 20007902 GRAMBLING COLLEGE 3.00 345,000.00 10-01-2005 20008201 HAMPSHIRE COLLEGE 3.00 51,000.00 11-01-2006 20008301 HARCUM COLLEGE 3.00 540,000.00 11-01-2015 20008401 HAVERFORD COLL 3.63 310,000.00 11-01-2013 20009101 IOWA STATE UNIV OF SCI & TECH 3.00 500,000.00 7-01-2007 20009201 JACKSON STATE COLLEGE 3.00 200,000.00 1-01-2007 20009302 JARVIS CHRISTIAN COLLEGE - BND 69A 3.00 460,000.00 4-01-2019 20009502 SACRED HEART KANSAS NEWMAN COLLEGE 3.00 62,000.00 4-01-2006 20009702 KENT STATE UNIVERSITY 3.00 650,000.00 12-01-2008 20010301 LAREDO MUNICIPAL JR. COLLEGE 3.00 145,000.00 8-01-2009 20010801 LONG ISLAND UNIVERSITY 3.00 483,999.98 6-01-2016 20010802 LONG ISLAND UNIVERSITY 3.75 203,000.00 10-01-2005 20011401 MCKENDREE COLLEGE 3.00 210,000.00 4-01-2007 20012001 MICHIGAN STATE UNIVERSITY 3.00 608,823.83 5-01-2020 20012101 MIDDLEBURY COLLEGE 3.00 1,048,000.00 4-01-2018 20012401 MISSISSIPPI VALLEY ST. COLLEGE 3.00 50,000.00 7-01-2008 20012501 MISSOURI SOUTHERN STATE COLLEG 3.00 272,999.99 12-01-2008 20012601 MISSOURI WESTERN STATE COLLEGE (ESCROW) 3.00 164,000.00 10-01-2008 20012801 MONTCLAIR STATE COLL (NJEFA) SER 77B 3.00 222,000.00 7-01-2008 20012901 MONTEREY PENINSULA JR. COLLEGE 3.00 245,000.00 10-01-2018
Page 1 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I TRIAL BALANCE AS OF DECEMBER 31, 2003
GMACCM INTEREST NUMBER BORROWER NAME RATE CURRENT UPB MATURITY DATE - -------------------------------------------------------------------------------------------------- 20013001 MONTREAT-ANDERSON COLLEGE 3.00 89,600.00 12-01-2019 20013301 MORRIS COLLEGE - BONDS 1983 3.00 683,000.00 11-01-2013 20013501 NEW ENGLAND COLLEGE 3.63 282,999.99 10-01-2013 20013502 NEW ENGLAND COLLEGE 3.00 835,000.00 4-01-2019 20013801 NORTH CAROLINA STATE UNIVERSITY 3.00 405,000.00 9-01-2006 20014401 OLD DOMINION UNIVERSITY 3.00 1,524,999.99 6-01-2013 20016101 RIVERSIDE HOSPITAL 3.00 111,000.00 4-01-2007 20016201 RIVIER COLLEGE 3.63 503,000.00 4-01-2014 20016401 CALIFORNIA STATE UNIVERSITY 3.00 335,000.00 11-01-2021 20016501 CALIFORNIA STATE UNIVERSITY 3.00 700,000.00 11-01-2021 20016601 SARAH LAWRENCE COLLEGE 3.00 955,219.93 11-01-2021 20016701 SCRIPPS COLLEGE 3.00 73,000.00 10-01-2005 20017102 SOUTH DAKOTA STATE UNIVERSITY 3.00 1,155,000.00 4-01-2016 20017301 SOUTHEAST MISSOURI STATE UNIV (ESCROW) 3.50 370,000.00 4-01-2005 20017801 SPRINGFIELD COLLEGE 3.00 110,987.41 5-01-2011 20018001 ST. EDWARDS UNIVERSITY 3.63 149,000.00 4-01-2013 20018302 ST. MICHAELS COLLEGE 3.00 105,000.00 4-01-2008 20018601 STILLMAN COLLEGE 3.00 14,000.00 2-01-2007 20018701 SOUMI COLLEGE 3.00 2,876,983.12 2-08-2014 20018801 SUSQUEHANNA UNIVERSITY 3.00 60,000.00 11-01-2006 20018802 SUSQUEHANNA UNIVERSITY 3.63 310,000.00 11-01-2014 20018901 SWARTHMORE COLLEGE 3.00 103,209.51 11-01-2013 20019101 TAYLOR UNIVERISTY 3.00 390,000.00 10-01-2010 20019201 TEMPLE UNIVERSITY 3.38 358,000.00 11-01-2014 20019401 TEXAS STATE COLLEGE 3.00 140,000.00 4-01-2007 20019502 TEXAS TECH. UNIVERSITY 3.63 518,000.00 3-01-2013 20019503 TEXAS TECH. UNIVERSITY 3.50 331,000.00 3-01-2004 20019504 TEXAS TECH. UNIVERSITY 3.38 3,164,000.00 3-01-2012 20019601 TOUGALOO COLLEGE/ DORM BONDS 1981 3.00 108,000.00 6-01-2021 20019701 TUFTS COLLEGE 3.63 86,000.00 10-01-2004 20020001 UNIVERSITY OF ALABAMA 3.00 1,556,000.00 5-01-2021 20020803 UNIVERSITY OF FLORIDA 3.00 293,000.00 1-01-2005 20021001 UNIVERSITY OF HAWAII AT MANOA 3.00 400,000.00 10-01-2006 20021101 UNIVERSITY OF MISSOURI 3.63 182,000.00 5-01-2004 20021301 UNIVERSITY OF MONTEVALLO 3.00 215,000.00 5-01-2023 20021401 UNIV.OF NEBRASKA/ AG MENS CLUB 3.00 101,000.00 1-01-2013 20021603 UNIVERSITY OF NORTH CAROLINA 3.00 1,140,000.00 1-01-2018 20021701 UNIVERSITY OF NOTRE DAME - BONDS 1968 3.00 1,430,000.00 4-01-2018 20021901 UNIVERSITY OF PORTLAND 3.00 212,000.00 4-01-2013 20022401 UNIVERSITY OF SOUTH FLOR./REV CERTS.,83 3.00 1,590,000.00 7-01-2013 20022601 UNIVERSITY OF STEUBENVILLE 3.38 206,000.00 4-01-2012 20022602 UNIVERSITY OF STEUBENVILLE 3.00 265,000.00 4-01-2017 20022701 UNIVERSITY OF VERMONT 3.00 2,327,000.00 10-01-2019 20023101 VANDERBILT UNIV - 1965 CARMIC TOWERS 3.00 308,895.00 8-01-2005 20023102 VANDERBILT UNIV - 1979 MAYFIELD 3.00 402,765.17 6-30-2009 20023501 WESTERN MARYLAND COLLEGE 3.00 1,050,000.00 11-01-2016 20023601 WESTERN WASHINGTON STATE COLLEGE 3.00 80,000.00 10-01-2007 20023901 XAVIER UNIVERSITY OF LOUISIANA 3.00 445,000.00 10-01-2017 TOTALS: 48,971,625.97 =============
Page 2 of 2 GMAC COMMERCIAL MORTGAGE COLLEGE & TRUST FACILITY LOAN TRUST I DELINQUENCY REPORT (60+DAYS) AS OF DECEMBER 31, 2003
GMACCM NEXT PAYMENT P AND I LOAN NUMBER BORROWER NAME DUE DUE CURRENT UPB - ---------------------------------------------------------------------------------- 20018701 SUOMI COLL. 5-08-2003 43,154.74 2,876,983.12 20010801 LONG ISLAND U 6-01-2003 8,999.98 483,999.98 --------- ------------ TOTAL 52,154.72 3,360,983.10 ========= ============
GMAC COMMERCIAL MORTGAGE COLLEGE AND UNIVERSITY LOAN TRUST I LIQUIDATION REPORT AS OF DECEMBER 31, 2003 NONE TO REPORT FOR THIS PERIOD EX-99.906CERT 6 ex99_906cert.txt EX-99.906CERT CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 I, Bryan Calder, Executive Vice President of US Bank, the Owner Trustee of College and University Facility Loan Trust One (the "Registrant"), hereby certifies that: 1. the Registrant's report on Form N-CSR (the "Report") for the period ended November 30, 2004 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and 2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. Date: February 18, 2005 By: /s/ Bryan Calder ------------------------------ Executive Vice President A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request. -----END PRIVACY-ENHANCED MESSAGE-----