Exhibit 99.4

July 19, 2005

Mr. George H. Davison

State Street Bank

Corporate Trust

P.O. Box 778

Boston, Massachusetts 02102-0778

Dennis Kildea

Chase Manhattan Bank

450 West 33^rd Street, 15^th Floor

New York, NY 10001

RE: Public Facility Loan Trust Payment Date Report

•      Due period amounts billed from January2, 2004 through July 1, 2005.

$              3,172,397.11

•      Due period amounts billed and not received through July 1, 2005.

$              561,536.92

•      Due period amounts billed and received July 2, 2005 through July 15, 2005.

$              532,699.12

We certify the above information to be true and correct to the best of our knowledge.

/s/ Mark McCool

Mark McCool

Senior Vice President

Cc:	Jie Gong
	Deloitte & Touche
	Two Hilton Court,
	Parsippany, NJ 07054

GMAC Commercial Mortgage

Public Facilities Loan Trust

January — 2005

Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Amount Paid	Interest Amount Paid	Suspense Amount	Transaction Amount	Transaction Description	Total BankCredits	Wires	ACH Debits
1-03-05	1-01-05	40028502	CITY OF WOODSTOCK	0.00	4,218.72	4,218.72	149,998.88	0.00	4,218.00	0.00	4,218.00	PAYMENT REC’D
1-03-05	1-01-05	40039801	WARREN CO. WATER DIST.	18,000.00	693.75	18,693.75	37,000.00	18,000.00	693.75	0.00	18,693.75	PAYMENT REC’D
1-03-05	1-01-05	40051701	WRIGHTSTOWN MUNICIPAL UTILITY AUTH	15,000.00	6,721.88	21,721.88	239,000.00	15,000.00	6,721.88	0.00	21,721.88	PAYMENT REC’D
1-03-05	1-01-05	40051701	WRIGHTSTOWN MUNICIPAL UTILITY AUTH	0.00	0.00	0.00	0.00	0.00	0.00	0.03	0.03	ESCROW HELD PAYMENT
1-03-05	1-01-05	40071001	TOWN OF CHURCHILL	38,000.00	4,387.50	42,387.50	195,000.00	38,000.00	4,387.50	0.00	42,387.50	PAYMENT REC’D
1-03-05	1-01-05	40088301	CITY OF HARRISVILLE	0.00	787.50	787.50	35,000.00	0.00	787.50	0.00	787.50	PAYMENT REC’D
1-03-05	1-01-05	40089801	PORT OF KINGSTON	0.00	1,702.10	1,702.10	109,525.96	0.00	1,702.09	0.00	1,702.09	PAYMENT REC’D
1-03-05	1-01-05	40089802	PORT OF KINGSTON	0.00	153.73	153.73	7,898.03	0.00	153.72	0.00	153.72	PAYMENT REC’D
System Credit											89,664.47
Wire to Trustee from 12/30-12/31 System Credits														92,942.47
Bank Credits from 12/30 System Credits													81,434.38
Bank Credits from 12/30-System Credits													0.59
Bank Credits from 12/31 System Credits													11,507.50
Bank Credits from 12/31 System Credits (Funds Duplicated)													11,507.50
Bank Debit Represents Reversal to Duplicate System Credit from 12/31															11,507.50
1-04-05	1-01-05	40028502	CITY OF WOODSTOCK	0.00	0.00	0.00	0.00	0.00	0.72	0.00	0.72	PAYMENT REC’D
1-04-05	1-01-05	40049401	CITY OF WAYNESBORO	23,000.00	2,760.00	25,760.00	91,999.99	23,000.00	2,760.00	0.00	25,760.00	PAYMENT REC’D
1-04-05	—	40051701	WRIGHTSTOWN MUNICIPAL UTILITY AUTH	0.00	0.00	0.00	0.00	0.00	0.00	-0.03	-0.03	SUPSENSE ESCROW DISB
1-04-05	—	40085401	CITY OF RENO	10,000.00	3,346.88	13,346.88	119,000.00	0.00	0.00	-0.59	-0.59	SUPSENSE ESCROW DISB
1-04-05	1-01-05	40089801	PORT OF KINGSTON	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.01	PAYMENT REC’D
1-04-05	1-01-05	40089802	PORT OF KINGSTON	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.01	PAYMENT REC’D
System Credit											25,760.12
Wire to Trustee from 1/3 System Credit														89664.47
Bank Credits from 1/3 System Credits													89,664.44
Bank Credits from 1/3 System Credits													0.03
1-05-05	1-01-05	40000501	BIG COVE WATER AUTHORITY	0.00	360.00	360.00	18,000.00	0.00	360.00	0.00	360.00	PAYMENT REC’D
1-05-05	1-01-05	40005501	CITY OF DOUGLAS, WATER & FIRE	55,000.00	7,625.00	62,625.00	304,999.99	55,000.00	7,625.00	0.00	62,625.00	PAYMENT REC’D
1-05-05	1-01-05	40039001	RUSSELLVILLE NO.#1 W	0.00	112.50	112.50	6,000.00	0.00	112.50	0.00	112.50	PAYMENT REC’D
1-05-05	—	40039001	RUSSELLVILLE NO.#1 W	0.00	0.00	0.00	0.00	0.00	0.00	2,000.00	2,000.00	ESCROW HELD PAYMENT
System Credit											65,097.50
Wire to Trustee from 1/4 System Credit (Minus $4,800 4th Quarter Property Inspection)														21,752.12
Bank Credits from 1/4 System Credit													25,760.74
Bank Debits from 1/4 System Debit															0.62
1-06-05	1-01-05	40013101	TOWN OF NORPHLET	0.00	440.00	440.00	22,000.00	0.00	440.00	0.00	440.00	PAYMENT REC’D
1-06-05	—	40039001	RUSSELLVILLE NO.#1 W	0.00	0.00	0.00	0.00	0.00	0.00	-2,000.00	-2,000.00	PAYMENT REVERSAL
1-06-05	1-01-05	40039001	RUSSELLVILLE NO.#1 W	0.00	0.00	0.00	0.00	2,000.00	0.00	0.00	2,000.00	PRINCIPAL CURTAILMENT
System Credit											440.00
Wire to Trustee from 1/5 System Credit														65,097.50
Bank Credits from 1/5 System Credit													63,097.50
Bank Credits from 1/5 System Credit													2,000.00
Bank Debits Representin 4th Quarter Property Taxes															4,800.00
1-07-05	1-01-05	40006401	CITY OF GUNTERSVILLE	18,000.00	1,102.50	19,102.50	49,000.00	18,000.00	1,102.50	0.00	19,102.50	PAYMENT REC’D
1-07-05	1-01-05	40006402	CITY OF GUNTERSVILLE	18,000.00	2,970.00	20,970.00	99,000.00	18,000.00	2,970.00	0.00	20,970.00	PAYMENT REC’D
System Credit											40,072.50
Wire to Trustee from 1/6 System Credit														440.00
Wire Amt for Trust Fund Expense Ln#40087501-Inv#860166														333.10
Bank Credit from 1/6 System Credit													2,440.00
Bank Debit from 1/6 System Debit(Payment Reversal)															2,000.00
10-10-05	1-01-05	40049302	CITY OF WAVELAND	0.00	4,031.25	4,031.25	150,000.00	0.00	4,031.25	0.00	4,031.25	PAYMENT REC’D
System Credit											4,031.25
Wire to Trustee from 1/7 System Credit														40,072.50
Bank Credit from 1/7 System Credit													40,072.50

1-11-05	1-01-05	40001501	TOWN OF GRANT	0.00	360.00	360.00	12,000.00	0.00	360.00	0.00	360.00	PAYMENT REC’D
1-11-05	1-01-05	40021001	HOMESTEAD COMMUNITY HOSP., INC	0.00	5,287.50	5,287.50	235,000.00	0.00	5,287.50	0.00	5,287.50	PAYMENT REC’D
1-11-05	1-01-05	40021002	HOMESTEAD COMMUNITY HOSP., INC	0.00	10,406.16	10,406.16	369,996.76	0.00	10,405.66	0.00	10,405.66	PAYMENT REC’D
1-11-05	7-01-05	40021002	HOMESTEAD COMMUNITY HOSP., INC	0.00	0.00	0.00	0.00	0.00	0.96	0.00	0.96	PAYMENT REC’D
1-11-05	1-01-05	40025501	CITY OF FORT GAINES	20,000.00	2,042.50	22,042.50	86,000.00	20,000.00	2,042.50	0.00	22,042.50	PAYMENT REC’D
1-11-05	12-01-04	40042601	PRAIRIE ROAD WATER DISTRICT	0.00	0.00	0.00	0.00	10,000.00	5,062.50	0.00	15,062.50	PAYMENT REC’D
1-11-05	1-01-05	40069001	TOWN OF WARE SHOALS - WARESHW/S70A	0.00	1,128.75	1,128.75	42,000.00	0.00	1,128.75	0.00	1,128.75	PAYMENT REC’D
1-11-05	7-01-05	40069001	TOWN OF WARE SHOALS - WARESHW/S70A	0.00	0.00	0.00	0.00	0.00	0.21	0.00	0.21	PAYMENT REC’D
1-11-05	1-01-05	40080201	CITY OF DALWORTHING	0.00	765.00	765.00	34,000.00	0.00	765.00	0.00	765.00	PAYMENT REC’D
System Credit											55,053.08
Wire to Trustee from 1/10 System Credit(Minus $3,975.60 12/04 Service Fee)														55.65
Bank Credit from 1/10 System Credit													4,031.25
1-12-05	12-01-04	40030601	LAKE BLUFF PARK DIST	0.00	0.00	0.00	0.00	26,000.00	1,560.00	0.00	27,560.00	PAYMENT REC’D
1-12-05	1-01-05	40090301	CITY OF BENWOOD	9,000.00	2,640.00	11,640.00	88,000.00	9,000.00	0.00	0.00	9,000.00	PAYMENT REC’D
System Credit											36,560.00
Wire to Trustee from 1/11 System Credit (Minus .50 cents to cover 12/14 overdraft)														55,052.58
Bank Credit from 1/11 System Credit													55,053.08
1-13-05	1-01-05	40061301	MOORE PUBLIC WORKS A	60,000.00	10,500.00	70,500.00	420,000.00	58,000.02	10,499.98	0.00	68,500.00	PAYMENT REC’D
1-13-05	1-01-05	40061301	MOORE PUBLIC WORKS A	0.00	0.00	0.00	0.00	1,999.98	0.00	0.00	1,999.98	PAYMENT REC’D
1-13-05	7-01-05	40061301	MOORE PUBLIC WORKS A	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.02	PAYMENT REC’D
1-13-05	1-01-05	40088801	SALT LAKE COUNTY	0.00	20,400.00	20,400.00	679,999.99	0.00	20,400.00	0.00	20,400.00	PAYMENT REC’D
System Credits											90,900.00
Wire to Trustee from 1/12 System Credit														36,560.00
Bank Credits from 1/12 System Credits													36,560.00
Bank Debits Represents 12/4 Service Fee															3,975.60
1-14-05	1-01-05	40005901	TOWN OF ARDMORE	0.00	2,400.00	2,400.00	96,000.00	0.00	2,400.00	0.00	2,400.00	PAYMENT REC’D
1-14-05	1-01-05	40005902	TOWN OF ARDMORE	0.00	300.00	300.00	12,000.00	0.00	300.00	0.00	300.00	PAYMENT REC’D
1-14-05	1-01-05	40030801	CITY OF MONMOUTH	0.00	5,715.61	5,715.61	294,999.32	0.00	5,715.61	0.00	5,715.61	PAYMENT REC’D
1-14-05	7-01-05	40030801	CITY OF MONMOUTH	0.00	0.00	0.00	0.00	0.00	0.31	0.00	0.31	PAYMENT REC’D
1-14-05	1-01-05	40069802	CITY OF ARDMORE	0.00	125.00	125.00	5,000.00	0.00	125.00	0.00	125.00	PAYMENT REC’D
1-14-05	1-01-05	40069803	CITY OF ARDMORE	0.00	1,400.00	1,400.00	56,000.00	0.00	1,400.00	0.00	1,400.00	PAYMENT REC’D
1-14-05	12-01-04	40086804	CITY OF SPRINGTOWN	0.00	0.00	0.00	0.00	0.00	7,050.00	0.00	7,050.00	PAYMENT REC’D
1-14-05	1-01-05	40090301	CITY OF BENWOOD	0.00	0.00	0.00	0.00	0.00	2,640.00	0.00	2,640.00	PAYMENT REC’D
System Credit											19,630.92
Wire to Trustee from 1/13 System Credit														90,900.00
Bank Credit from 1/13 System Credit													90,900.00
1-18-04	1-01-05	40029801	CITY OF EAST ST LOUIS	0.00	2,375.00	2,375.00	100,000.00	0.00	2,375.00	0.00	2,375.00	PAYMENT REC’D
1-18-04	1-01-05	40089901	TOWN OF STARBUCK	0.00	67.81	67.81	3,500.00	0.00	67.81	0.00	67.81	PAYMENT REC’D
System Credit											2,442.81
Wire to Trustee from 1/14 System Credit														19,630.92
Bank Credit from 1/14 System Credit													19,630.92
1-19-05	2-01-05	40002302	CITY OF LITTLEVILLE	0.00	0.00	0.00	0.00	15,000.00	2,025.00	0.00	17,025.00	PAYMENT REC’D
1-19-05	1-01-05	40073401	TOWN OF MICHIE	0.00	2,227.50	2,227.50	99,000.00	0.00	2,227.50	0.00	2,227.50	PAYMENT REC’D
System Credit											19,252.50
Wire to Trustee from 1/18 System Credit														2,442.81
Bank Credit from 1/18 System Credit													2,442.81
1-20-05

Wire to Trustee from 1/19 System Credit														19,252.50
Bank Credit from 1/19 System Credit													19,252.50
1-24-05	2-01-05	40078702	CITY OF BYERS	0.00	0.00	0.00	0.00	0.00	280.00	0.00	280.00	PAYMENT REC’D
System Credit											280.00
1-25-05	2-01-05	40035902	HENDRON WATER	0.00	0.00	0.00	0.00	21,000.00	6,906.88	0.00	27,906.88	PAYMENT REC’D
1-25-05	2-01-05	40042401	VILLAGE OF PARKS	0.00	0.00	0.00	0.00	7,000.00	412.50	0.00	7,412.50	PAYMENT REC’D
1-25-05	2-01-05	40042402	VILLAGE OF PARKS	0.00	0.00	0.00	0.00	0.00	4,471.88	0.00	4,471.88	PAYMENT REC’D
System Credit											39,791.26
Wire to Trustee from 1/24 System Credit														280.00
Bank Credit from 1/24 System Credit													280.00
1-26-05
Wire to Trustee from 1/25 System Credit														39,791.26
Bank Credit from 1/25 System Credit													39,791.26
1-27-05	2-01-05	40071901	TIPTON COUNTY	0.00	0.00	0.00	0.00	0.00	281.25	0.00	281.25	PAYMENT REC’D
1-27-05	2-01-05	40081402	CITY OF HASLET	0.00	0.00	0.00	0.00	0.00	2,096.25	0.00	2,096.25	PAYMENT REC’D
System Credit											2,377.50
1-28-05
Wire to Trustee from 1/27 System Credit														2,377.50
Bank Credit from 1/27 System Credit													2,377.50
1-31-05	1-01-05	40015401	APPLE VALLEY HEIGHTS COMMUNITY	0.00	80.00	80.00	4,000.00	0.00	80.00	0.00	80.00	PAYMENT REC’D
1-31-05	1-01-05	40041501	TOWN OF GRAMBLING	21,000.00	3,386.25	24,386.25	126,000.00	21,000.00	3,386.25	0.00	24,386.25	PAYMENT REC’D
1-31-05	1-01-05	40043001	VILLAGE OF SOUTH MANSFIELD	9,000.00	640.00	9,640.00	32,000.00	9,000.00	0.00	0.00	9,000.00	PAYMENT REC’D
1-31-05	12-01-04	40057301	TAYLORTOWN SANITARY	0.00	0.00	0.00	0.00	0.00	60.00	0.00	60.00	PAYMENT REC’D
1-31-05	2-01-05	40086201	City of Schertz	0.00	0.00	0.00	0.00	6,000.00	2,000.00	0.00	8,000.00	PAYMENT REC’D
System Credit											41,526.25
				314,000.00	113,660.39	427,660.39	4,428,918.92	391,000.00	141,880.75	-0.59	532,880.16		597,804.50	576,645.38	22,283.72
Loans Due in Current Period and Paid Prior Period:
12-28-04	1-01-04	40072401	TOWN OF GREEN	0.00	937.50	937.50	50,000.00
12-28-04	1-01-04	40072402	TOWN OF GREEN	0.00	225.00	225.00	12,000.00
12-29-04	1-01-04	40017601	RUBIDOUX COMM	0.00	1,100.00	1,100.00	55,000.00
12-30-04	1-01-04	40079801	CROSBY MUNICI	12,000.00	3,712.50	15,712.50	131,999.96
12-30-04	1-01-04	40079802	CROSBY MUNICI	40,000.00	12,375.00	52,375.00	440,000.00
12-31-04	1-01-04	40079101	CHILDRESS GEN	0.00	3,892.50	3,892.50	173,000.00
12-31-04	1-01-04	40079601	TOWN OF COMBE	5,000.00	860.00	5,860.00	32,000.00
12-31-04	1-01-04	40042501	PINE HILLS WA	0.00	1,755.00	1,755.00	78,000.00
			TOTALS:	57,000.00	24,857.50	81,857.50	971,999.96
Loans Due in Current Period and Not Yet Paid:
	1-01-04	40026401	CLAY CO HOSP	0.00	175.00	175.00	0.00
	1-01-04	40036801	CITY OF JENKI	0.00	402.50	402.50	0.00
	1-01-04	40081601	HOUSTON COUNT	0.00	185.63	185.63	9,000.00
	1-01-04	40081602	HOUSTON COUNT	0.00	5,445.00	5,445.00	264,000.00
			TOTALS:	0.00	6,208.13	6,208.13	273,000.00
				.
			GRAND TOTAL:	371,000.00	144,726.02	515,726.02	5,673,918.88

GMAC Commercial Mortgage

Public Facilities Loan Trust

February —2005

Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Amount Paid	Interest Amount Paid	Suspense Amount	Transaction Amount	Transaction Description	Total BankCredits	Wires	ACH Debits
2-01-05	2-01-2005	40034101	CITY OF COLD SPRING	0.00	4,891.25	4,891.25	182,000.00	0.00	4,891.25	0.00	4,891.25	PAYMENT REC’D
2-01-05	—	40034101	CITY OF COLD SPRING	0.00	0.00	0.00	0.00	0.00	0.00	1,961.88	1,961.88	ESCROW HELD PAYMENT
2-01-05	2-01-2005	40036101	HICKORY WATER DISTRI	0.00	1,687.50	1,687.50	90,000.00	0.00	1,687.50	0.00	1,687.50	PAYMENT REC’D
2-01-05	2-01-2005	40086502	SEYMOUR HOSPITAL AUTHORITY	0.00	405.00	405.00	18,000.00	0.00	405.00	0.00	405.00	PAYMENT REC’D
System Credits											8,945.63
Bank Credits from 1/31/2005 System Credits													41,526.25
Wire to Trustee for 1/31/2005 System Credits														41,526.25
2-02-05	—	40044501	REED CITY HOSPITAL CORP.	40,000.00	5,375.00	45,375.00	215,000.00	0.00	0.00	221,487.50	221,487.50	ESCROW HELD PAYMENT
System Credits											221,487.50		6,983.75
Bank Credits from 2/01/2005 System Credits													1,961.88
Bank Credits from 2/01/2005 System Credits (Escrow Held Payment)														8,945.63
Wire to Trustee for 2/01/2005 System Credits
2-03-05
Bank Credits from 2/02/2005 System Credits													221,487.50
Wire to Trustee for 2/02/2005 System Credits														221,487.50
2-04-05	—	40044501	REED CITY HOSPITAL CORP.	0.00	0.00	0.00	0.00	0.00	0.00	-221,487.50	-221,487.50	PAYMENT REVERSAL
2-04-05	—	40044501	REED CITY HOSPITAL CORP.	0.00	0.00	0.00	0.00	215,000.00	5,375.00	0.00	220,375.00	LOAN PAYOFF
2-04-05	—	40044501	REED CITY HOSPITAL CORP.	0.00	0.00	0.00	0.00	0.00	1,112.50	0.00	1,112.50	INTEREST PAYMENT
System Credits											221,487.50
System Debits											-221,487.50
2-07-05	2-01-2005	40009501	CITY OF BARLING	9,000.00	855.00	9,855.00	38,000.00	9,000.00	855.00	0.00	9,855.00	PAYMENT REC’D
2-07-05	2-01-2005	40019001	CITY OF ALTEMONTE SPRINGS	40,000.00	10,406.25	50,406.25	370,000.00	39,999.63	10,406.25	0.00	50,405.88	PAYMENT REC’D
2-07-05	2-01-2005	40019004	CITY OF ALTAMONTE SPRINGS	60,000.00	8,062.50	68,062.50	300,000.00	59,999.70	8,062.50	0.00	68,062.20	PAYMENT REC’D
2-07-05	2-01-2005	40026301	CANDLER COUNTY HOSPTIAL AUTHORITY	0.00	4,512.50	4,512.50	190,000.00	0.00	4,512.50	0.00	4,512.50	PAYMENT REC’D
2-07-05	2-01-2005	40080701	FANNIN COUNTY HOSPITAL - FANNI-JL71	65,000.00	16,645.50	81,645.50	554,850.01	65,000.00	16,605.00	0.00	81,605.00	PAYMENT REC’D
2-07-05	8-01-2005	40080701	FANNIN COUNTY HOSPITAL - FANNI-JL71	0.00	0.00	0.00	0.00	0.00	45.00	0.00	45.00	PAYMENT REC’D
System Credits											214,485.58
Bank Credits from 2/04/2005 System Credits													221,487.50
Bank Debits from 2/04/2005 System Debits															221,487.50
2-08-05	2-01-2005	40019001	CITY OF ALTEMONTE SPRINGS	0.00	0.00	0.00	0.00	0.37	0.00	0.00	0.37	PAYMENT REC’D
2-08-05	2-01-2005	40019004	CITY OF ALTAMONTE SPRINGS	0.00	0.00	0.00	0.00	0.30	0.00	0.00	0.30	PAYMENT REC’D
2-08-05	2-01-2005	40077101	TOWN OF ANTHONY	0.00	1,828.13	1,828.13	65,000.00	0.00	1,828.13	0.00	1,828.13	PAYMENT REC’D
System Credits											1,828.80
Bank Credits from 2/07/2005 System Credits													214,485.58
Wire to Trustee for 2/07/2005 System Credits														210,573.52
2-09-05	2-01-2005	40001801	HAZEL GREEN WATER & FIRE DEPARTMENT	0.00	2,767.50	2,767.50	123,000.00	0.00	2,767.50	0.00	2,767.50	PAYMENT REC’D
2-09-05	2-01-2005	40002601	MAYSVILLE WTR & FIRE	0.00	1,102.50	1,102.50	49,000.00	0.00	1,102.50	0.00	1,102.50	PAYMENT REC’D
2-09-05	2-01-2005	40077503	CITY OF AUBREY	0.00	140.00	140.00	7,000.00	0.00	140.00	0.00	140.00	PAYMENT REC’D
2-09-05	—	40081601	HOUSTON COUNTY HOSPITAL	0.00	0.00	0.00	0.00	0.00	0.00	9,000.00	9,000.00	ESCROW HELD PAYMENT
2-09-05	2-01-2005	40086501	SEYMOUR HOSPITAL AUTHORITY	0.00	2,902.50	2,902.50	129,000.00	0.00	2,902.50	0.00	2,902.50	PAYMENT REC’D
System Credits											15,912.50
Bank Credits from 2/08/2005 System Credits													1,828.80
Wire to Trustee for 2/08/2005 System Credits														1,828.80

2-10-05
Bank Credits from 2/09/2005 System Credits (Escrow Held Payment)													9,000.00
Bank Credits from 2/09/2005 System Credits													6,912.50
Wire to Trustee for 2/09/2005 System Credits														15,912.50
2-11-05
Bank Debit representing 1/2005 Service Fee															3,912.06
2-14-05	—	40081601	HOUSTON COUNTY HOSPITAL	0.00	0.00	0.00	0.00	0.00	0.00	-9,000.00	-9,000.00	PAYMENT REVERSAL
2-14-05	7-01-2004	40081601	HOUSTON COUNTY HOSPITAL	0.00	0.00	0.00	0.00	9,000.00	0.00	0.00	9,000.00	PRINCIPAL CURTAILMENT
System Credits											9,000.00
System Debits											-9,000.00
2-15-05	—	40081602	HOUSTON COUNTY HOSPITAL	0.00	0.00	0.00	0.00	0.00	0.00	264,000.00	264,000.00	ESCROW HELD PAYMENT
System Credits											264,000.00
Bank Credits from 2/14/2005 System Credits													9,000.00
Bank Debits from 2/14/2005 System Debits															9,000.00
2-16-05	—	40081602	HOUSTON COUNTY HOSPITAL	0.00	0.00	0.00	0.00	0.00	0.00	-264,000.00	-264,000.00	PAYMENT REVERSAL
2-16-05	7-01-2004	40081602	HOUSTON COUNTY HOSPITAL	0.00	0.00	0.00	0.00	264,000.00	0.00	0.00	264,000.00	PRINCIPAL CURTAILMENT
System Credits											264,000.00
System Debits											-264,000.00
Bank Credits from 2/15/2005 System Credits													264,000.00
Wire to Trustee for 2/15/2005 System Credits														264,000.00
2-17-05	3-01-2005	40040701	BAYOU LIBERTY WATER ASSOC.	0.00	0.00	0.00	0.00	0.00	5,509.38	0.00	5,509.38	PAYMENT REC’D
System Credits											5,509.38
Bank Credits from 2/16/2005 System Credits													264,000.00
Bank Debits from 2/16/2005 System Debits															264,000.00
2-18-05	3-01-2005	40081901	CITY OF HUXLEY	0.00	0.00	0.00	0.00	65,000.00	8,625.00	0.00	73,625.00	PAYMENT REC’D
System Credits											73,625.00
Bank Credits from 2/17/2005 System Credits													5,509.38
Wire to Trustee for 2/17/2005 System Credits														5,509.38
2-22-05
Bank Credits from 2/18/2005 System Credits													73,625.00
Wire to Trustee for 2/18/2005 System Credits														73,625.00
2-23-05	3-01-2005	40017902	SEELY CO. WATER DIST.	0.00	0.00	0.00	0.00	9,000.00	180.00	0.00	9,180.00	PAYMENT REC’D
2-23-05	3-01-2005	40032602	CITY OF ADAIRVILLE	0.00	0.00	0.00	0.00	17,000.00	1,665.00	0.00	18,665.00	PAYMENT REC’D
2-23-05	3-01-2005	40080801	CITY OF FATE	0.00	0.00	0.00	0.00	6,000.00	975.00	0.00	6,975.00	PAYMENT REC’D
System Credits											34,820.00
2-24-05
Bank Credits from 2/23/2005 System Credits													34,820.00
Wire to Trustee for 2/23/2005 System Credits														34,820.00
				214,000.00	61,581.13	275,581.13	2,330,850.01	759,000.00	79,652.51	1,961.88	840,614.39		1,376,628.14	878,228.58	498,399.56
Loans Due in Current Period and Paid Prior Period:
1-19-05	2-01-2005	40002302	TOWN OF LITTL	15,000.00	2,025.00	17,025.00	81,000.00

1-24-05	2-01-2005	40078702	CITY OF BYERS	0.00	280.00	280.00	14,000.00
1-25-05	2-01-2005	40035902	HENDRON WATER	21,000.00	6,906.88	27,906.88	257,000.00
1-25-05	2-01-2005	40042401	VILLAGE OF PA	7,000.00	412.50	7,412.50	22,000.00
1-25-05	2-01-2005	40042402	VILLAGE OF PA	0.00	4,471.88	4,471.88	159,000.00
1-27-05	2-01-2005	40071901	FIRST UTILITY	0.00	281.25	281.25	15,000.00
1-27-05	2-01-2005	40081402	CITY OF HASLE	0.00	2,096.25	2,096.25	78,000.00
1-31-05	2-01-2005	40086201	SCHAEFER RD W	6,000.00	2,000.00	8,000.00	40,000.00
			TOTALS:	49,000.00	18,473.76	67,473.76	666,000.00
Loans Due in Current Period and Not Yet Paid:
	201-20-05	40007701	TOWN OF VINCE	17,000.00	3,937.50	20,937.50	140,000.00
	201-20-05	40059501	BRYAN CO HOME	9,000.00	540.00	9,540.00	27,000.00
			TOTALS:	26,000.00	4,477.50	30,477.50	167,000.00
				.
			GRAND TOTAL:	289,000.00	84,532.39	373,532.39	3,163,850.01

GMAC Commercial Mortgage

Public Facilities Loan Trust

March —2005

Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Amount Paid	Interest Amount Paid	Suspense Amount	Transaction Amount	Transaction Description	Total BankCredits	Wires	ACH Debits
3-01-05	—	40024201	CITY OF CHICKAMAUGA	34,999.75	940.62	35,940.37	34,999.75	0.00	0.00	940.63	940.63	ESCROW HELD PAYMENT
3-01-05	—	40034101	CITY OF COLD SPRING	0.00	0.00	0.00	0.00	0.00	0.00	-1,961.88	-1,961.88	PAYMENT REVERSAL
3-01-05	8-01-2005	40034101	CITY OF COLD SPRING	0.00	0.00	0.00	0.00	0.00	1,961.88	0.00	1,961.88	PAYMENT REC’D
3-01-05	—	40049901	CASS COUNTY DISTRICT 2	22,000.00	591.25	22,591.25	22,000.00	22,000.00	591.25	0.00	22,591.25	LOAN PAYOFF
System Credits											25,493.76
System Debits											-1,961.88
3-03-05	3-01-2005	40020201	CITY OF CRYSTAL RIVER	0.00	1,420.00	1,420.00	70,999.99	0.00	1,420.00	0.00	1,420.00	PAYMENT REC’D
3-03-05	3-01-2005	40025101	CITY OF EATONTON- BOND	0.00	4,750.00	4,750.00	190,000.00	0.00	4,750.00	0.00	4,750.00	PAYMENT REC’D
System Credits											6,170.00
Bank Credits from 03/01/2005 System Credits													24,553.13
Bank Credits from 03/01/2005 System Credits (Escrow Held Payment)													940.63
Wire to Trustee for 03/01/2005 System Credits														23,531.88
Bank Debits from 03/01/2005 System Debits															1,961.88
3-04-05
Bank Credits from 03/03/2005 System Credits													6,170.00
Wire to Trustee for 03/03/2005 System Credits (LESS $3,788.72 for 2/2005 Service Fee)														2,381.28
3-07-05	3-01-2005	40087401	TOWN OF WHITEHOUSE	20,000.00	3,400.00	23,400.00	136,000.00	20,000.00	3,400.00	0.00	23,400.00	PAYMENT REC’D
System Credits											23,400.00
Bank Debits representing 2/2005 Service Fee															3,788.72
3-08-05	—	40058301	CITY OF LINCOLN HEIGHTS	0.00	0.00	0.00	0.00	0.00	0.00	7210	7,210.00	ESCROW HELD PAYMENT
3-08-05	—	40058302	CITY OF LINCOLN HEIGHTS	0.00	0.00	0.00	0.00	0.00	0.00	4120	4,120.00	ESCROW HELD PAYMENT
3-08-05	3-01-2005	40069201	CITY OF NORTH SIOUX	7,000.00	1,856.25	8,856.25	66,000.00	7,000.00	1,855.92	0	8,855.92	PAYMENT REC’D
3-08-05	3-01-2005	40070101	TOWN OF BAXTER	0.00	450.00	450.00	24,000.00	0.00	450.00	0	450.00	PAYMENT REC’D
3-08-05	3-01-2005	40075701	TOWN OF SPENCER	1,000.00	26.88	1,026.88	1,000.00	1,000.00	26.88	0	1,026.88	PAYMENT REC’D
3-08-05	3-01-2005	40078901	CARDINAL MEADOWS IMPORT DIST	6,000.00	596.61	6,596.61	26,515.95	6,000.00	596.61	0	6,596.61	PAYMENT REC’D
3-08-05	3-01-2005	40079301	CISCO HOSPITAL AUTHORITY	0.00	4,000.00	4,000.00	160,000.00	0.00	4,000.00	0.00	4,000.00	PAYMENT REC’D
3-08-05	3-01-2005	40085101	CITY OF RAYMONDVILLE	15,000.00	2,418.75	17,418.75	90,000.00	15,000.00	2,418.66	0.00	17,418.66	PAYMENT REC’D
System Credits											49,678.07
Bank Credits from 03/07/2005 System Credits													23,400.00
Wire to Trustee for 03/07/2005 System Credits														23,400.00
3-09-05	—	40007701	TOWN OF VINCENT	0.00	0.00	0.00	0.00	0.00	0.00	124,845.00	124,845.00	ESCROW HELD PAYMENT
3-09-05	3-01-2005	40041301	VILLAGE OF EAST HODGE	0.00	1,410.00	1,410.00	47,000.00	0.00	1,410.00	0.00	1,410.00	PAYMENT REC’D
3-09-05	3-01-2005	40088601	CITY OF PLEASANT VIEW	0.00	5,190.00	5,190.00	173,000.00	0.00	5,190.00	0.00	5,190.00	PAYMENT REC’D
System Credits											131,445.00
Bank Credits from 03/08/2005 System Credits													38,348.07
Bank Credits from 03/08/2005 System Credits (Escrow Held Payment)													11,330.00
Wire to Trustee for 03/08/2005 System Credits														49,678.07
3-11-05	—	40058301	CITY OF LINCOLN HEIGHTS	0.00	0.00	0.00	0.00	0.00	0.00	-7,210.00	-7,210.00	PAYMENT REVERSAL
3-11-05	—	40058301	CITY OF LINCOLN HEIGHTS	7,000.00	210.00	7,210.00	7,000.00	7,000.00	210.00	0.00	7,210.00	LOAN PAYOFF
3-11-05	—	40058302	CITY OF LINCOLN HEIGHTS	0.00	0.00	0.00	0.00	0.00	0.00	-4,120.00	-4,120.00	PAYMENT REVERSAL
3-11-05	—	40058302	CITY OF LINCOLN HEIGHTS	4,000.00	120.00	4,120.00	4,000.00	4,000.00	120.00	0.00	4,120.00	LOAN PAYOFF
System Credits											11,330.00
System Debits											-11,330.00

Bank Credits from 03/09/2005 System Credits													6,600.00
Bank Credits from 03/09/2005 System Credits (Escrow Held Payment)													124,845.00
Wire to Trustee for 03/09/2005 System Credits														131,445.00
3-14-05	—	40007701	TOWN OF VINCENT	0.00	0.00	0.00	0.00	0.00	0.00	17,255.00	17,255.00	ESCROW HELD PAYMENT
3-14-05	2-01-2005	40059501	BRYAN COUNTY NURSING HOME AUTHORITY	0.00	0.00	0.00	0.00	9,000.00	540.00	0.00	9,540.00	PAYMENT REC’D
3-14-05	4-01-2005	40082001	WEST JEFFERSON COUNTY MUNICIPAL	0.00	0.00	0.00	0.00	30,000.00	4,000.00	0.00	34,000.00	PAYMENT REC’D
System Credits											60,795.00
Bank Credits from 03/11/2005 System Credits													11,330.00
Bank Debits from 03/11/2005 System Debits															11,330.00
3-15-05	3-01-2005	40007301	TOWN OF MOULTON	0.00	2,643.75	2,643.75	141,000.00	0.00	2,643.75	0.00	2,643.75	PAYMENT REC’D
3-15-05	—	40007701	TOWN OF VINCENT	0.00	0.00	0.00	0.00	0.00	0.00	-17,255.00	-17,255.00	PAYMENT REVERSAL
3-15-05	—	40007701	TOWN OF VINCENT	0.00	0.00	0.00	0.00	0.00	0.00	-124,845.00	-124,845.00	PAYMENT REVERSAL
3-15-05	—	40007701	TOWN OF VINCENT	0.00	0.00	0.00	0.00	140,000.00	2,100.00	0.00	142,100.00	LOAN PAYOFF
3-15-05	—	40086101	CITY OF SANTA ANNA	0.00	0.00	0.00	0.00	0.00	0.00	21,420.00	21,420.00	ESCROW HELD PAYMENT
System Credits											166,163.75
System Debits											-142,100.00
Bank Credits from 03/14/2005 System Credits													43,540.00
Bank Credits from 03/14/2005 System Credits (Escrow Held Payment)													17,255.00
Wire to Trustee for 03/14/2005 System Credits														60,795.00
3-16-05	4-01-2005	40016801	IDYLLWILD CO. Water District	0.00	0.00	0.00	0.00	0.00	4,875.00	0.00	4,875.00	PAYMENT REC’D
System Credits											4,875.00
Bank Credits from 03/15/2005 System Credits													144,743.75
Bank Credits from 03/15/2005 System Credits (Escrow Held Payment)													21,420.00
Wire to Trustee for 03/125/2005 System Credits														24,063.75
Bank Debits from 03/15/2005 System Debits															142,100.00
3-18-05	4-01-2005	40078003	CITY OF BLUM	0.00	0.00	0.00	0.00	8,000.00	160.00	0.00	8,160.00	PAYMENT REC’D
System Credits											8,160.00
Bank Credits from 03/16/2005 System Credits													9,750.00
Wire to Trustee for 03/16/2005 System Credits														4,875.00
Bank Debits from 03/16/2005 System Debits															4,875.00
3-21-05	4-01-2005	40018801	TRI-COUNTY WTR. CONS	0.00	0.00	0.00	0.00	0.00	25,000.00	0.00	25,000.00	PAYMENT REC’D
3-21-05	—	40086101	CITY OF SANTA ANNA	0.00	0.00	0.00	0.00	0.00	0.00	-21,420.00	-21,420.00	PAYMENT REVERSAL
3-21-05	—	40086101	CITY OF SANTA ANNA	16,000.00	420.00	16,420.00	21,000.00	21,000.00	420.00	0.00	21,420.00	LOAN PAYOFF
System Credits											46,420.00
System Debits											-21,420.00
Bank Credits from 03/18/2005 System Credits													8,160.00
Wire to Trustee for 03/18/2005 System Credits														8,160.00
3-22-05
Bank Credits from 03/21/2005 System Credits													46,420.00
Wire to Trustee for 03/21/2005 System Credits														25,000.00
Bank Debits from 03/21/2005 System Debits															21,420.00
3-23-05	4-01-2005	40007801	CITY OF FAYETTE WATER WORKS BOAR	0.00	0.00	0.00	0.00	20,000.00	1,763.75	0.00	21,763.75	PAYMENT REC’D
System Credits											21,763.75
3-24-05	4-01-2005	40085301	RED RIVER AUTHORITY OF TEXAS	0.00	0.00	0.00	0.00	4,000.00	697.50	0.00	4,697.50	PAYMENT REC’D
System Credits											4,697.50
Bank Credits from 03/23/2005 System Credits													21,763.75
Wire to Trustee for 03/23/2005 System Credits														21,763.75

3-28-05	4-01-2005	40028601	CITY OF CHUBBUCK	0.00	0.00	0.00	0.00	0.00	12,450.00	0.00	12,450.00	PAYMENT REC’D
3-28-05	4-01-2005	40032101	CITY OF EVANSDALE	0.00	0.00	0.00	0.00	0.00	1,667.50	0.00	1,667.50	PAYMENT REC’D
3-28-05	4-01-2005	40037402	MCCREARY CO. WATER DISTRICT	0.00	0.00	0.00	0.00	36,000.00	652.50	0.00	36,652.50	PAYMENT REC’D
3-28-05	4-01-2005	40037603	CITY OF MIDDLESBORO	0.00	0.00	0.00	0.00	45,000.00	6,483.75	0.00	51,483.75	PAYMENT REC’D
3-28-05	4-01-2005	40039503	CITY OF STANTON	0.00	0.00	0.00	0.00	28,000.00	990.00	0.00	28,990.00	PAYMENT REC’D
3-28-05	4-01-2005	40039504	CITY OF STANTON	0.00	0.00	0.00	0.00	10,000.00	902.50	0.00	10,902.50	PAYMENT REC’D
3-28-05	4-01-2005	40044901	CITY OF LAKE CITY	0.00	0.00	0.00	0.00	0.00	1,040.00	0.00	1,040.00	PAYMENT REC’D
3-28-05	4-01-2005	40086701	SOUTH LIMESTONE HOSPITAL DISTRICT	0.00	0.00	0.00	0.00	0.00	6,750.00	0.00	6,750.00	PAYMENT REC’D
System Credits											149,936.25
Bank Credits from 03/24/2005 System Credits													9,395.00
Wire to Trustee for 03/24/2005 System Credits														4,697.50
Bank Debits from 03/24/2005 System Debits															4,697.50
3-29-05	—	40024201	CITY OF CHICKAMAUGA	0.00	0.00	0.00	0.00	0.00	0.00	35,000.00	35,000.00	ESCROW HELD PAYMENT
System Credits											35,000.00
Bank Credits from 03/28/2005 System Credits													149,936.25
Wire to Trustee for 03/28/2005 System Credits														149,936.25
3-30-05	4-01-2005	40002902	TOWN OF MOUNDVILLE	0.00	0.00	0.00	0.00	10,000.00	2,010.00	0.00	12,010.00	PAYMENT REC’D
3-30-05	—	40024201	CITY OF CHICKAMAUGA	0.00	0.00	0.00	0.00	0.00	0.00	-35,000.00	-35,000.00	PAYMENT REVERSAL
3-30-05	—	40024201	CITY OF CHICKAMAUGA	0.00	0.00	0.00	0.00	0.00	0.00	-940.63	-940.63	PAYMENT REVERSAL
3-30-05	—	40024201	CITY OF CHICKAMAUGA	0.00	0.00	0.00	0.00	34,999.75	940.88	0.00	35,940.63	LOAN PAYOFF
System Credits											47,950.63
System Debits											-35,940.63
Bank Credits from 03/29/2005 System Credits													35,000.00
Wire to Trustee for 03/29/2005 System Credits														35,000.00
3-31-05	4-01-2005	40031601	CORDRY-SWEETWATER CONSERVANCY	0.00	0.00	0.00	0.00	30,000.00	5,125.00	0.00	35,125.00	PAYMENT REC’D
System Credits											35,125.00
Bank Credits from 03/24/2005 System Credits													47,950.63
Wire to Trustee for 03/24/2005 System Credits														12,010.00
Bank Debits from 03/24/2005 System Debits															35,940.63
				132,999.75	30,444.11	163,443.86	1,214,515.69	507,999.75	109,613.33	-1,961.88	615,651.20		802,851.21	576,737.48	226,113.73
Loans Due in Current Period and Paid Prior Period:
2-23-05	3-01-2005	40017902	SEELY CO WATE	9,000.00	180.00	9,180.00	9,000.00
2-23-05	3-01-2005	40032602	CITY OF ADAIR	17,000.00	1,665.00	18,665.00	74,000.00
2-17-05	3-01-2005	40040701	BAYOU LIBERTY	0.00	5,509.38	5,509.38	205,000.00
2-23-05	3-01-2005	40080801	CITY OF FATE	6,000.00	975.00	6,975.00	38,999.99
2-18-05	3-01-2005	40081901	CITY OF HUXLE	65,000.00	8,625.00	73,625.00	345,000.00
			TOTALS:	97,000.00	16,954.38	113,954.38	671,999.99
Loans Due in Current Period and Not Yet Paid:
	301-20-05	40074401	CITY OF RAMER	4,000.00	779.37	4,779.37	29,000.00
			TOTALS:	4,000.00	779.37	4,779.37	29,000.00
				.
			GRAND TOTAL:	233,999.75	48,177.86	282,177.61	1,915,515.68

GMAC Commercial Mortgage

Public Facilities Loan Trust

April —2005

Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Amount Paid	Interest Amount Paid	Suspense Amount	Transaction Amount	Transaction Description	Total BankCredits	Wires	ACH Debits
4-01-05	4-01-2005	40009201	ARKANSAS STATE UNIVERSITY -BONDS 1969	12,600.00	12,600.00	560,000.00		0.00	12,600.00	0.00	12,600.00	PAYMENT REC’D
4-01-05	4-01-2005	40010101	CENTER HILL, CITY OF	5,400.00	5,400.00	191,999.97		0.00	5,399.98	0.00	5,399.98	PAYMENT REC’D
4-01-05	—	40010101	CENTER HILL, CITY OF	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.02	ESCROW HELD PAYMENT
4-01-05	4-01-2005	40013401	PANGBURN WATER & SEWER AUTHORITY	15,000.00	318.75	15,318.75	15,000.00	0.00	318.75	0.00	318.75	PAYMENT REC’D
4-01-05	4-01-2005	40015002	CITY OF WEST FORK	7,000.00	675.00	7,675.00	30,000.00	7,000.00	675.00	0.00	7,675.00	PAYMENT REC’D
4-01-05	4-01-2005	40021501	CITY OF LIVE OAK	13,000.00	4,275.00	17,275.00	152,000.00	13,000.00	4,275.00	0.00	17,275.00	PAYMENT REC’D
4-01-05	4-01-2005	40021502	CITY OF LIVE OAK	14,000.00	4,415.63	18,415.63	157,000.00	14,000.00	4,415.63	0.00	18,415.63	PAYMENT REC’D
4-01-05	4-01-2005	40025601	TOWN OF FORT OGLETHORPE-FTCGLEW/S73	0.00	8,550.00	8,550.00	285,000.00	0.00	8,550.00	0.00	8,550.00	PAYMENT REC’D
4-01-05	4-01-2005	40062101	PAULS VALLEY HOSP AUTHORITY	37,000.00	2,632.50	39,632.50	117,000.00	37,000.00	2,632.50	0.00	39,632.50	PAYMENT REC’D
4-01-05	4-01-2005	40068501	TOWN OF ST STEPHEN	0.00	7,121.87	7,121.87	265,000.00	0.00	7,121.87	0.00	7,121.87	PAYMENT REC’D
4-01-05	—	40068501	TOWN OF ST STEPHEN	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	ESCROW HELD PAYMENT
System Credits											116,988.76
Bank Credits from 3/31 System Credits													35,125.00
Wire to Trustee for 3/31 System Credits														35,125.00
Bank Debits (Bank Error - corrected on 4/06)															35,125.00
4-04-05	4-01-2005	40006601	CITY OF WINFEILD	0.00	1,012.50	1,012.50	36,000.00	0.00	1,012.50	0.00	1,012.50	PAYMENT REC’D
4-04-05	4-01-2005	40008601	GREATER JUNEAU BOROUGH	0.00	3,937.50	3,937.50	175,000.00	0.00	3,937.50	0.00	3,937.50	PAYMENT REC’D
4-04-05	—	40010101	CENTER HILL, CITY OF	0.00	0.00	0.00	0.00	0.00	0.00	-0.02	-0.02	SUPSENSE ESCROW DISB
4-04-05	4-01-2005	40013502	CITY OF PARKDALE	5,000.00	382.50	5,382.50	17,000.00	5,000.00	0.00	0.00	5,000.00	PAYMENT REC’D
4-04-05	4-01-2005	40020401	TOWN OF EATONVILLE	15,000.00	3,768.30	18,768.30	125,610.00	15,000.00	3,768.30	0.00	18,768.30	PAYMENT REC’D
4-04-05	4-01-2005	40044401	VILLAGE OF ONTONAGON	0.00	675.00	675.00	30,000.00	0.00	675.00	0.00	675.00	PAYMENT REC’D
4-04-05	—	40068501	TOWN OF ST STEPHEN	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.01	SUPSENSE ESCROW DISB
4-04-05	4-01-2005	40079401	CITY OF COMO	4,000.00	80.00	4,080.00	4,000.00	4,000.00	80.00	0.00	4,080.00	PAYMENT REC’D
4-04-05	—	40079402	CITY OF COMO	1,000.00	20.00	1,020.00	1,000.00	0.00	0.00	1,020.00	1,020.00	ESCROW HELD PAYMENT
4-04-05	4-01-2005	40080901	CITY OF GARY	0.00	3,397.50	3,397.50	151,000.00	0.00	3,397.50	0.00	3,397.50	PAYMENT REC’D
System Credits											37,890.80
System Debits											-0.03
Bank Credits from 4/01 System Credits													116,988.73
Bank Credits from 4/01 System Credits (Escrow Held Payment)													0.03
Wire to Trustee for 4/01 System Credits (Less 3/2005 Service Fee)														113,282.59
4-05-05	4-01-2005	40001601	TOWN OF GULF SHORES - GULFSHORES 68	18,000.00	1,080.00	19,080.00	54,000.00	18,000.00	1,080.00	0.00	19,080.00	PAYMENT REC’D
4-05-05	4-01-2005	40014001	CITY OF SALEM	0.00	262.50	262.50	14,000.00	0.00	262.50	0.00	262.50	PAYMENT REC’D
4-05-05	4-01-2005	40014002	CITY OF SALEM	0.00	318.75	318.75	15,000.00	0.00	318.75	0.00	318.75	PAYMENT REC’D
4-05-05	4-01-2005	40014003	CITY OF SALEM	0.00	320.88	320.88	15,100.00	0.00	320.87	0.00	320.87	PAYMENT REC’D
4-05-05	4-01-2005	40061502	MULDROW UTILITY AUTHORITY	40,000.00	5,250.00	45,250.00	210,000.00	40,000.00	5,250.00	0.00	45,250.00	PAYMENT REC’D
4-05-05	4-01-2005	40066501	TOWN OF FAIRFAX SERIES 1969	21,000.00	2,802.50	23,802.50	118,000.00	21,000.00	2,802.50	0.00	23,802.50	PAYMENT REC’D
System Credits											89,034.62
Bank Credits from 4/04 System Credits													36,870.80
Bank Credits from 4/04 System Credits (Escrow Held Payment)													1,020.00
Wire to Trustee for 4/04 System Credits														37,890.77
Bank Debits from 4/04 System Debits (Escrow Disbursement)															0.03
Bank Debits representing 3/2005 Service Fee															3,706.17
4-06-05	4-01-2005	40013502	CITY OF PARKDALE	0.00	0.00	0.00	0.00	0.00	382.50	0.00	382.50	PAYMENT REC’D
4-06-05	4-01-2005	40014003	CITY OF SALEM	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.01	PAYMENT REC’D
4-06-05	4-01-2005	40068701	TOWN OF SUMMERTON	19,000.00	2,873.75	21,873.75	121,000.00	19,000.00	2,873.75	0.00	21,873.75	PAYMENT REC’D
System Credits											22,256.26
Bank Credits from 4/05 System Credits													89,034.62
Bank Credits (Correction from 4/1 Bank Debits)													35,125.00
Wire to Trustee for 4/05 System Credits														89,034.62
4-07-05	4-01-2005	40041201	CITY OF DONALDSONVILLE	20,000.00	2,340.00	22,340.00	104,000.00	20,000.00	2,340.00	0.00	22,340.00	PAYMENT REC’D
4-07-05	—	40079402	CITY OF COMO	0.00	0.00	0.00	0.00	0.00	0.00	-1,020.00	-1,020.00	PAYMENT REVERSAL
4-07-05	4-01-2005	40079402	CITY OF COMO	0.00	0.00	0.00	0.00	1,000.00	0.00	0.00	1,000.00	PAYMENT REC’D

4-07-05	4-01-2005	40079402	CITY OF COMO	0.00	0.00	0.00	0.00	0.00	20.00	0.00	20.00	PAYMENT REC’D
System Credits											23,360.00
System Debits											-1,020.00
Bank Credits from 4/06 System Credits													22,256.26
Wire to Trustee for 4/06 System Credits														22,256.26
4-08-05	4-01-2005	40062901	ROOSEVELT PUBLIC WORKS	6,000.00	251.88	6,251.88	13,000.00	6,000.00	251.88	0.00	6,251.88	PAYMENT REC’D
System Credits											6,251.88
Bank Credits from 4/07 System Credits													23,360.00
Wire to Trustee for 4/07 System Credits														22,340.00
Bank Debits from 4/07 System Debits (payment reversal)															1,020.00
4-11-05	4-01-2005	40013401	PANGBURN WATER & SEWER AUTHORITY	0.00	0.00	0.00	0.00	15,000.00	0.00	0.00	15,000.00	PAYMENT REC’D
4-11-05	4-01-2005	40080101	COUNTY OF CULBERSON	0.00	1,825.00	1,825.00	73,000.00	0.00	1,825.00	0.00	1,825.00	PAYMENT REC’D
System Credits											16,825.00
Bank Credits from 4/08 System Credits													6,251.88
Wire to Trustee for 4/08 System Credits														6,251.88
4-12-05
Bank Credits from 4/11 System Credits													16,825.00
Wire to Trustee for 4/11 System Credits														16,825.00
4-13-05	4-01-2005	40065301	CITY OF BEAUFORT	0.00	20,334.38	20,334.38	723,000.00	0.00	20,334.38	0.00	20,334.38	PAYMENT REC’D
System Credits											20,334.38
4-14-05
Bank Credits from 4/13 System Credits													20,334.38
Wire to Trustee for 4/13 System Credits														20,334.38
4-20-05	5-01-2005	40083801	CITY OF SUMMERFIELD	0.00	0.00	0.00	0.00	13,000.00	281.25	0.00	13,281.25	PAYMENT REC’D
4-20-05	5-01-2005	40083802	CITY OF SUMMERFIELD	0.00	0.00	0.00	0.00	17,000.00	1,080.00	0.00	18,080.00	PAYMENT REC’D
System Credits											31,361.25
4-21-05	5-01-2005	40036202	CITY OF HODGEENVILLE	0.00	0.00	0.00	0.00	22,000.00	2,115.00	0.00	24,115.00	PAYMENT REC’D
System Credits											24,115.00
Bank Credits from 4/20 System Credits													31,361.25
Wire to Trustee for 4/20 System Credits														31,361.25
4-22-05
Bank Credits from 4/21 System Credits													24,115.00
Wire to Trustee for 4/21 System Credits														24,115.00
4-25-05	5-01-2005	40030101	CITY OF JOHNSTON CITY	0.00	0.00	0.00	0.00	0.00	1,209.38	0.00	1,209.38	PAYMENT REC’D
4-25-05	5-01-2005	40034301	SANITATION DIST.#1 OF NORTH KENTUCKY	0.00	0.00	0.00	0.00	0.00	967.50	0.00	967.50	PAYMENT REC’D
System Credits											2,176.88
4-26-05
Bank Credits from 4/25 System Credits													2,176.88
Wire to Trustee for 4/25 System Credits														2,176.88

4-29-05	5-01-2005	40029701	CURRAN GARDNER-TWP PUBLIC WATER DIST.	0.00	0.00	0.00	0.00	0.00	3,262.50	0.00	3,262.50	PAYMENT REC’D
4-29-05	3-01-2005	40074401	CITY OF RAMER	0.00	0.00	0.00	0.00	3,220.63	779.37	0.00	4,000.00	PAYMENT REC’D
System Credits											7,262.50
				253,000.00	96,921.69	1,065,921.66	3,020,710.00	290,220.63	106,616.67	0.00	396,837.30		460,844.83	420,993.63	39,851.20
Loans Due in Current Period and Paid Prior Period:
3-30-05	4-01-2005	40002902	TOWN OF MOUND	10,000.00	2,010.00	12,010.00	67,000.00
3-23-05	4-01-2005	40007801	CITY OF FAYET	20,000.00	1,763.75	21,763.75	83,000.00
3-16-05	4-01-2005	40016801	IDYLLWILD CA.	0.00	4,875.00	4,875.00	195,000.00
3-21-05	4-01-2005	40018801	TRI-COUNTY WT	0.00	25,000.00	25,000.00	1,000,000.00
3-28-05	4-01-2005	40028601	CITY OF CHUBB	0.00	12,450.00	12,450.00	415,000.00
3-31-05	4-01-2005	40031601	CORDRY-SWEETW	30,000.00	5,125.00	35,125.00	205,000.00
3-28-05	4-01-2005	40032101	CITY OF EVANS	0.00	1,667.50	1,667.50	92,000.00
3-28-05	4-01-2005	40037402	MCCREARY CO W	36,000.00	652.50	36,652.50	36,000.00
3-28-05	4-01-2005	40037603	CITY OF MIDDL	45,000.00	6,483.75	51,483.75	273,000.00
3-28-05	4-01-2005	40039503	CITY OF STANT	28,000.00	990.00	28,990.00	48,000.00
3-28-05	4-01-2005	40039504	CITY OF STANT	10,000.00	902.50	10,902.50	38,000.00
3-28-05	4-01-2005	40044901	CITY OF LAKE	0.00	1,040.00	1,040.00	52,000.00
3-18-05	4-01-2005	40078003	CITY OF BLUM	8,000.00	160.00	8,160.00	8,000.00
3-14-05	4-01-2005	40082001	COUNTY MUNICI	30,000.00	4,000.00	34,000.00	160,000.00
3-24-05	4-01-2005	40085301	RED RIVER AUT	4,000.00	697.50	4,697.50	31,000.00
3-28-05	4-01-2005	40086701	SOUTH LIMESTO	0.00	6,750.00	6,750.00	225,000.00
			TOTALS:	221,000.00	74,567.50	295,567.50	2,928,000.00
Loans Due in Current Period and Not Yet Paid:
	401-20-05	40070001	CITY OF ATHEN	0.00	5,287.50	5,287.50	235,000.00
			TOTALS:	0.00	5,287.50	5,287.50	235,000.00
				.
			GRAND TOTAL:	474,000.00	176,776.69	1,366,776.66	6,183,710.00

GMAC Commercial Mortgage

Public Facilities Loan Trust

May —2005

Date Received		Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Amount Paid	Interest Amount Paid	Suspense Amount	Transaction Amount	Transaction Description	Total BankCredits	Wires	ACH Debits
5-02-2005		5-01-2005	40027301	METTER, CITY OF MET W/S 71	20,000.00	4,568.75	24,568.75	170,000.00	0.17	4,568.75	0.00	4,568.92	PAYMENT REC’D
5-02-2005		5-01-2005	40037502	CITY OF MCKEE	5,000.00	93.75	5,093.75	5,000.00	5,000.00	93.75	0.00	5,093.75	PAYMENT REC’D
5-02-2005		5-01-2005	40071801	FENTRESS UTILITY DISTRICT CO.	10,000.00	187.50	10,187.50	10,000.00	10,000.00	187.50	0.00	10,187.50	PAYMENT REC’D
5-02-2005		5-01-2005	40076702	W. WARREN-VIOLA UTILITIY DIST.	35,000.00	3,262.50	38,262.50	145,000.00	35,000.00	3,262.50	0.00	38,262.50	PAYMENT REC’D
5-02-2005		5-01-2005	40083201	MACEDONIA EYLAU	16,000.00	2,362.50	18,362.50	105,000.00	16,000.00	2,362.50	0.00	18,362.50	PAYMENT REC’D
System Credits												76,475.17
Bank Credits from 4/29 System Credits														14,525.00
Bank Debit 4/29 payments credited twice in error.																7,262.50
Wire to Trustee for 4/29 System Credits															7,262.50
5-03-05		5-01-2005	40031401	CITY OF STERLING	45,000.00	6,125.00	51,125.00	245,000.00	45,000.00	6,125.00	0.00	51,125.00	PAYMENT REC’D
System Credits												51,125.00
Bank Credits from 5/02 System Credits														76,475.17
Wire to Trustee for 5/02 System Credits (LESS 3659.01 4/2005 Service Fee)															72,816.16
5-04-05		—	40009501	CITY OF BARLING					0.00	0.00	29,000.00	29,000.00	ESCROW HELD PAYMENT
5-04-05		5-01-2005	40036703	CITY OF JACKSON	5,000.00	690.00	5,690.00	23,000.00	5,000.00	690.00	0.00	5,690.00	PAYMENT REC’D
5-04-05		5-01-2005	40088501	CITY OF PLAIN CITY	23,000.00	4,792.50	27,792.50	213,000.00	18,207.50	4,792.50	0.00	23,000.00	PAYMENT REC’D
System Credits												57,690.00
Bank Credits from 5/03 System Credits														51,125.00
Wire to Trustee for 5/03 System Credits															51,125.00
Bank Debits representing 4/2005 Service Fee																3,659.01
5-05-05		5-01-2005	40003801	CITY OF ENTERPRISE PUB BLDG	13,000.00	281.25	13,281.25	15,000.00	0.00	3,285.00	0.00	3,285.00	PAYMENT REC’D
5-05-05		5-01-2005	40004101	CITY OF SELMA (5-1328)	60,000.00	21,796.88	81,796.88	775,000.00	0.91	21,796.74	0.00	21,797.65	PAYMENT REC’D
5-05-05		5-01-2005	40022401	TOWN OF SAINT MARKS	14,000.00	1,305.00	15,305.00	58,000.00	14,000.00	1,305.00	0.00	15,305.00	PAYMENT REC’D
5-05-05		5-01-2005	40027301	METTER, CITY OF MET W/S 71					19,999.83	0.00	0.00	19,999.83	PAYMENT REC’D
5-05-05		—	40027301	METTER, CITY OF MET W/S 71					0.00	0.00	0.17	0.17	ESCROW HELD PAYMENT
5-05-05		—	40029501	BURNHAM HOSPITAL- CHAMPAIGN					235,000.00	4,700.00	0.00	239,700.00	LOAN PAYOFF
System Credits												300,087.65
Bank Credits from 5/04 System Credits														28,690.00
Bank Credits from 5/04 System Credits (Escrow Held Payment)														29,000.00
Wire to Trustee for 5/04 System Credits															57,690.00
5-06-05	5-01-2005		40004101	CITY OF SELMA (5-1328)					59,999.09	0.00	0.00	59,999.09	PAYMENT REC’D
5-06-05	11-01-2005		40004101	CITY OF SELMA (5-1328)					0.00	0.91	0.00	0.91	PAYMENT REC’D
System Credits												60,000.00
Bank Credits from 5/05 System Credits														300,087.48
Bank Credits from 5/05 System Credits (Escrow Held Payment)														0.17
Wire to Trustee for 5/05 System Credits															300,087.65
5-09-05		—	40009501	CITY OF BARLING					0.00	0.00	-29,000.00	-29,000.00	PAYMENT REVERSAL
5-09-05		2-01-2005	40009501	CITY OF BARLING					29,000.00	0.00	0.00	29,000.00	PRINCIPAL CURTAILMENT
5-09-05		—	40027301	METTER, CITY OF MET W/S 71					0.00	0.00	-0.17	-0.17	SUPSENSE ESCROW DISB
System Credits												29,000.00
System Debits												-29,000.17
Bank Credits from 5/06 System Credits														60,000.00
Wire to Trustee for 5/06 System Credits															60,000.00
5-10-05		5-01-2005	40058001	ARCANUM, VILLAGE OF	11000	460	11460	23000	11,000.00	460.00	0.00	11,460.00	PAYMENT REC’D
5-10-05		5-01-2005	40058601	SCIOTO BOARD OF COMMISSIONERS	30000	5240.62	35240.62	195000	29,999.81	5,240.62	0.00	35,240.43	PAYMENT REC’D
5-10-05		5-01-2005	40058601	SCIOTO BOARD OF COMMISSIONERS					0.19	0.00	0.00	0.19	PAYMENT REC’D
5-10-05		5-01-2005	40078401	BRAZORIA COUNTY WATER CONTROL DIST	0.00	1,100.00	1,100.00	46,224.99	0.00	1,100.00	0.00	1,100.00	PAYMENT REC’D
5-10-05		5-01-2005	40079502	CITY OF COPPELL	17,000.00	700.00	17,700.00	36,980.00	17,000.00	700.00	0.00	17,700.00	PAYMENT REC’D

5-10-05	5-01-2005	40088201	FARR WEST CITY SEWER	0.00	225.00	225.00	10,000.00	0.00	225.00	0.00	225.00	PAYMENT REC’D
5-10-05	5-01-2005	40088202	FARR WEST CITY SEWER	0.00	495.00	495.00	22,000.00	0.00	495.00	0.00	495.00	PAYMENT REC’D
5-10-05	5-01-2005	40088501	CITY OF PLAIN CITY					4,792.50	0.00	0.00	4,792.50	PAYMENT REC’D
System Credits											71,013.12
Bank Credits from 5/09 System Credits													29,000.00
Bank Debits from 5/09 System Debits (payment reversal)															29,000.17
5-16-05	5-01-2005	40020001	TOWN OF CEDAR GROVE	6,000.00	1,715.63	7,715.63	61,000.00	6,000.00	1,715.63	0.00	7,715.63	PAYMENT REC’D
5-16-05	5-01-2005	40040601	PARISH OF AVOYELLES	0.00	2,493.75	2,493.75	105,000.00	0.00	2,493.75	0.00	2,493.75	PAYMENT REC’D
System Credits											10,209.38
Bank Credits from 5/10 System Credits													71,013.12
Wire to Trustee for 5/10 System Credits														71,012.95
5-18-05	6-01-2005	40052801	TOWN OF BELHAVEN					10,000.00	225.00	0.00	10,225.00	PAYMENT REC’D
Bank Credits from 5/16 System Credits											10,225.00		10,209.38
Wire to Trustee for 5/16 System Credits														10,209.38
5-20-05	6-01-2005	40031901	TOWN OF LYNNVILLE					12,000.00	240.00	0.00	12,240.00	PAYMENT REC’D
5-20-05	6-01-2005	40055401	TOWN OF MANTEO					10,000.00	400.00	0.00	10,400.00	PAYMENT REC’D
System Credits											22,640.00
Bank Credits from 5/18 System Credits													10,225.00
Wire to Trustee for 5/18 System Credits														10,225.00
5-23-05	6-01-2005	40042601	PRAIRIE ROAD WATER DISTRICT					0.00	4,781.25	0.00	4,781.25	PAYMENT REC’D
5-23-05	6-01-2005	40050501	JACKSON CO. DIST #15					0.00	9,028.13	0.00	9,028.13	PAYMENT REC’D
5-23-05	—	40053601	TOWN OF CREEDMOOR					0.00	0.00	3,650.13	3,650.13	ESCROW HELD PAYMENT
5-23-05	—	40053601	TOWN OF CREEDMOOR					0.00	0.00	1,449.87	1,449.87	ESCROW HELD PAYMENT
5-23-05	6-01-2005	40054402	TOWN OF GRANITE QUARRY					20,000.00	855.00	0.00	20,855.00	PAYMENT REC’D
5-23-05	6-01-2005	40073102	TOWN OF LIVINGSTON					0.00	1,343.75	0.00	1,343.75	PAYMENT REC’D
5-23-05	6-01-2005	40076201	UN FORK-BAKEWELL					21,000.00	2,565.00	0.00	23,565.00	PAYMENT REC’D
5-23-05	6-01-2005	40056301	TOWN OF PRINCEVILLE					9,000.00	1,080.00	0.00	10,080.00	PAYMENT REC’D
System Credits											74,753.13
Bank Credits from 5/20 System Credits													22,640.00
Wire to Trustee for 5/20 System Credits														22,640.00
5-24-05	—	40053601	TOWN OF CREEDMOOR					0.00	0.00	-1,449.87	-1,449.87	PAYMENT REVERSAL
5-24-05	—	40053601	TOWN OF CREEDMOOR					0.00	0.00	-3,650.13	-3,650.13	PAYMENT REVERSAL
5-24-05	—	40053601	TOWN OF CREEDMOOR					4,540.00	81.60	0.00	4,621.60	LOAN PAYOFF
5-24-05	—	40053601	TOWN OF CREEDMOOR					0.00	0.00	478.40	478.40	ESCROW HELD PAYMENT
System Credits											5,100.00
System Debits											-5,100.00
Bank Credits from 5/23 System Credits													69,653.13
Bank Credits from 5/23 System Credits (Escrow Held Payment)													5,100.00
Wire to Trustee for 5/23 System Credits														74,753.13
5-26-05	6-01-2005	40052901	TOWN OF BOONE					1,000.00	18.75	0.00	1,018.75	PAYMENT REC’D
5-26-05	6-01-2005	40081501	CITY OF HOOKS					0.00	5,939.38	0.00	5,939.38	PAYMENT REC’D
System Credits											6,958.13
Bank Credits from 5/24 System Credits													4,621.60
Bank Credits from 5/24 System Credits (Escrow Held Payment)													478.40
Bank Debits from 5/24 System Debits (payment reversal)															5,100.00
5-27-05	—	40053601	TOWN OF CREEDMOOR					0.00	0.00	-478.40	-478.40	SUSPENSE ESCROW DISB
5-27-05	—	40054001	TOWN OF ELM CITY					0.00	0.00	2,040.00	2,040.00	ESCROW HELD PAYMENT
5-27-05	6-01-2005	40054002	TOWN OF ELM CITY					7,000.00	280.00	0.00	7,280.00	PAYMENT REC’D
5-27-05	—	40086804	CITY OF SPRINGTOWN					0.00	0.00	235,000.00	235,000.00	ESCROW HELD PAYMENT
System Credits											243,841.60
Bank Credits from 5/26 System Credits
Bank Credits from 5/26 System Credits (Escrow Held Payment)													6,958.13

Wire to Trustee for 5/26 System Credits													6,958.13
5-31-05
System Credits											0.00
Bank Credits from 5/27 System Credits
Bank Credits from 5/27 System Credits (Escrow Held Payment)												244,320.00
Bank Debits from 5/27 System Debits (Escrow Disbursement)														478.40
Wire to Trustee for 5/27 System Credits													243,841.60
				310,000.00	57,895.63	367,895.63	2,263,204.99	655,540.00	92,438.01	237,040.00	985,018.01	1,034,121.58	988,621.50	45,500.08
Loans Due in Current Period and Paid Prior Period:
4-20-05	5-01-2005	40083801	CITY OF ENTER	0.00	3,285.00	3,285.00	146,000.00
4-20-05	5-01-2005	40083802	CITY OF NEW S	17,000.00	1,080.00	18,080.00	48,000.00
4-21-05	5-01-2005	40036202	CITY OF HODGEENVILLE	22,000.00	2,115.00	24,115.00	94,000.00
4-25-05	5-01-2005	40030101	CITY OF JOHNSTON CITY	0.00	1,209.38	1,209.38	43,000.00
4-25-05	5-01-2005	40034301	SANITATION DIST.#1 OF NORTH KENTUCKY	0.00	967.50	967.50	43,000.00
4-29-05	5-01-2005	40029701	CURRAN GARDNER-TWP PUBLIC WATER DIST.	0.00	3,262.50	3,262.50	145,000.00
			TOTALS:	39,000.00	11,919.38	50,919.38	519,000.00
Loans Due in Current Period and Not Yet Paid:
			TOTALS:	0.00	0.00	0.00	0.00
				.
			GRAND TOTAL:	349,000.00	69,815.01	418,815.01	2,782,204.99

GMAC Commercial Mortgage

Public Facilities Loan Trust

June —2005

Date Received		Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Amount Paid	Interest Amount Paid	Suspense Amount	Transaction Amount	Transaction Description	Total BankCredits	Wires	ACH Debits
6-01-2005		6-01-2005	40055902	TOWN OF NEWPORT	2,500.00	210.94	2,710.94	7,500.00	2,500.00	210.94	0.00	2,710.94	PAYMENT REC’D
6-01-2005		6-01-2005	40083001	CITY OF LUCAS	0.00	1,525.00	1,525.00	61,000.00	0.00	1,525.00	0.00	1,525.00	PAYMENT REC’D
6-01-2005		6-01-2005	40084901	CITY OF QUEEN CITY - QUEENCO 72	0.00	6,450.00	6,450.00	240,000.00	0.00	6,450.00	0.00	6,450.00	PAYMENT REC’D
6-01-2005		—	40085701	CITY OF ROBINSON	25,000.00	500.00	25,500.00	25,000.00	25,000.00	500.00	0.00	25,500.00	PAYMENT REC’D
6-01-2005		—	40085702	CITY OF ROBINSON	7,000.00	157.50	7,157.50	7,000.00	7,000.00	157.50	0.00	7,157.50	PAYMENT REC’D
System Credits 5/31												43,343.44
Bank Credits from 5/31 System Credits
Wire to Trustee for 5/31 System Credits
6-02-2005	6-01-2005		40005101	TOWN OF HELENA	0.00	5,625.00	5,625.00	200,000.00	0.00	5,625.00	0.00	5,625.00	PAYMENT REC’D
6-02-2005	6-01-2005		40026201	HOSPITAL AUTHORITY CALHOUN COUNTY	0.00	6,181.25	6,181.25	230,000.00	0.00	6,181.25	0.00	6,181.25	PAYMENT REC’D
6-02-2005	12-01-2005		40026201	HOSPITAL AUTHORITY CALHOUN COUNTY					0.00	0.23	0.00	0.23	PAYMENT REC’D
6-02-2005	—		40039701	CITY OF CADIZ	0.00	640.00	640.00	32,000.00	0.00	0.00	640.00	640.00	ESCROW HELD PAYMENT
6-02-2005	6-01-2005		40063401	VALLEY VIEW HOSPITAL	0.00	3,465.00	3,465.00	168,000.00	0.00	3,465.00	0.00	3,465.00	PAYMENT REC’D
6-02-2005	6-01-2005		40072201	CITY OF GOODLETTSVILLE	35,000.00	4,162.50	39,162.50	185,000.00	35,000.00	4,162.50	0.00	39,162.50	PAYMENT REC’D
6-02-2005	—		40076001	SODDY DAISY FALLING WATER UTILITY	35,000.00	8,859.38	43,859.38	315,000.00	315,000.00	8,859.38	0.00	323,859.38	LOAN PAYOFF
6-02-2005	—		40076001	SODDY DAISY FALLING WATER UTILITY					0.00	3,150.00	0.00	3,150.00	INTEREST PAYMENT
6-02-2005	6-01-2005		40081201	CITY OF GREY FOREST	0.00	5,287.50	5,287.50	235,000.00	0.00	5,287.50	0.00	5,287.50	PAYMENT REC’D
System Credits												387,370.86
Bank Credits from 6/01 System Credits														43,343.44
Wire to Trustee for 6/01 System Credits															43,343.44
6-03-05		—	40054001	TOWN OF ELM CITY					0.00	0.00	-2,040.00	-2,040.00	PAYMENT REVERSAL
6-03-05		—	40054001	TOWN OF ELM CITY	2,000.00	40.00	2,040.00	2,000.00	2,000.00	40.00	0.00	2,040.00	LOAN PAYOFF
System Credits												2,040.00
System Debits												-2,040.00
Bank Credits from 6/02 System Credits														387,370.86
Wire to Trustee for 6/02 System Credits (LESS 3552.49 5/2005 Service Fee)															383,818.37
6-06-05		6-01-2005	40073701	TOWN OF OLIVER SPRING	0.00	7,000.00	7,000.00	280,000.00	0.00	7,000.00	0.00	7,000.00	PAYMENT REC’D
System Credits												7,000.00
Bank Credits from 6/03 System Credits														4,080.00
Bank Debits from 6/03 System Debits (payment reversal)																4,080.00
6-08-05	6-01-2005		40004601	TOWN OF SLOCOMB	0.00	1,567.50	1,567.50	75,999.92	0.00	1,567.12	0.00	1,567.12	PAYMENT REC’D
6-08-05	6-01-2005		40005001	TOWN OF BLOUNTSVILLE - BLNTVLLUT 74	0.00	1,406.22	1,406.22	49,999.05	0.00	1,406.22	0.00	1,406.22	PAYMENT REC’D
6-08-05	12-01-2005		40005001	TOWN OF BLOUNTSVILLE - BLNTVLLUT 74					0.00	0.28	0.00	0.28	PAYMENT REC’D
6-08-05	6-01-2005		40007501	TOWN OF PARRISH	0.00	1,603.13	1,603.13	57,000.00	0.00	1,603.13	0.00	1,603.13	PAYMENT REC’D
6-08-05	—		40007501	TOWN OF PARRISH					0.00	0.00	0.28	0.28	ESCROW HELD PAYMENT
6-08-05	—		40054601	TOWN OF HAVELOCK					0.00	0.00	13,000.00	13,000.00	ESCROW HELD PAYMENT
6-08-05	—		40054601	TOWN OF HAVELOCK					0.00	0.00	260.00	260.00	ESCROW HELD PAYMENT
6-08-05	6-01-2005		40054602	TOWN OF HAVELOCK	30,000.00	1,040.00	31,040.00	52,000.00	28,960.00	1,040.00	0.00	30,000.00	PAYMENT REC’D
6-08-05	—		40054602	TOWN OF HAVELOCK					0.00	0.00	1,040.00	1,040.00	ESCROW HELD PAYMENT
6-08-05	—		40086804	CITY OF SPRINGTOWN					0.00	0.00	-235,000.00	-235,000.00	PAYMENT REVERSAL
6-08-05	12-01-2004		40086804	CITY OF SPRINGTOWN	25,000.00	7,050.00	32,050.00	235,000.00	235,000.00	0.00	0.00	235,000.00	PRINCIPAL CURTAILMENT
System Credits												283,877.03
System Debits												-235,000.00
Bank Credits from 6/07 System Credits														7,000.00
Wire to Trustee for 6/07 System Credits															7,000.00
6-09-05		6-01-2005	40004601	TOWN OF SLOCOMB					0.00	0.38	0.00	0.38	PAYMENT REC’D
6-09-05		6-01-2005	40031701	TOWN OF HANOVER	23,000.00	750.00	23,750.00	30,000.00	0.00	750.00	0.00	750.00	PAYMENT REC’D
System Credits												750.38
Bank Credits from 06/08 System Credits														283,877.03
Bank Debits from 6/08 System Debits (payment reversal)																235,000.00

Wire to Trustee for 6/08 System Credits															48,877.03
6-13-05		—	40054601	TOWN OF HAVELOCK					0.00	0.00	-260.00	-260.00	PAYMENT REVERSAL
6-13-05		—	40054601	TOWN OF HAVELOCK					0.00	0.00	-13,000.00	-13,000.00	PAYMENT REVERSAL
6-13-05		—	40054601	TOWN OF HAVELOCK	13,000.00	260.00	13,260.00	13,000.00	13,000.00	260.00	0.00	13,260.00	LOAN PAYOFF
6-13-05		—	40054602	TOWN OF HAVELOCK					0.00	0.00	-1,040.00	-1,040.00	PAYMENT REVERSAL
6-13-05		6-01-2005	40054602	TOWN OF HAVELOCK					1,040.00	0.00	0.00	1,040.00	PAYMENT REC’D
6-13-05		6-15-2005	40085201	CITY OF RED OAK	10,000.00	2,418.75	12,418.75	90,000.00	10,000.00	2,418.75	0.00	12,418.75	PAYMENT REC’D
System Credits												26,718.75
System Debits												-14,300.00
Bank Credits from 6/10 System Credits														750.38
Wire to Trustee for 6/10 System Credits															750.38
6-15-05		—	40007501	TOWN OF PARRISH					0.00	0.00	-0.28	-0.28	SUPSENSE ESCROW DISB
6-15-05		6-01-2005	40031701	TOWN OF HANOVER					23,000.00	0.00	0.00	23,000.00	PAYMENT REC’D
6-15-05		6-01-2005	40060801	GROVE MUNICIPAL SERV	13,000.00	845.63	13,845.63	41,000.00	13,000.00	845.63	0.00	13,845.63	PAYMENT REC’D
6-15-05		7-01-2005	40086001	TAFT HOSPITAL DISTRICT					12,000.00	1,147.50	0.00	13,147.50	PAYMENT REC’D
System Credits												49,993.13
System Debits												-0.28
Bank Credits from 6/14 System Credits														26,718.75
Bank Debits from 6/14 System Debits (Escrow Disbursement)																14,300.00
Wire to Trustee for 6/14 System Credits															12,418.75
6-17-05		6-01-2005	40076301	TOWN OF WARTRACE	0.00	564.38	564.38	21,000.00	0.00	564.38	0.00	564.38	PAYMENT REC’D
6-17-05		6-15-2005	40077301	CITY OF ARP	7,000.00	300.00	7,300.00	15,000.00	7,000.00	300.00	0.00	7,300.00	PAYMENT REC’D
System Credits												7,864.38
Bank Credits from 6/16 System Credits														49,993.13
Bank Debits from 6/16 System Debits (Escrow Disbursement)																0.28
Wire to Trustee for 6/16 System Credits															49,992.85
6-20-05		6-01-2005	40057301	TAYLORTOWN SANITARY	3,000.00	60.00	3,060.00	3,000.00	3,000.00	60.00	0.00	3,060.00	PAYMENT REC’D
6-20-05		7-01-2005	40079601	TOWN OF COMBES					0.00	725.63	0.00	725.63	PAYMENT REC’D
6-20-05		7-01-2005	40089901	TOWN OF STARBUCK					3,500.00	67.81	0.00	3,567.81	PAYMENT REC’D
System Credits												7,353.44
Bank Credits from 6/17 System Credits														7,864.38
Bank Debits from 6/17 System Debits																3,552.49
Wire to Trustee for 6/17 System Credits															7,864.38
6-21-05	—		40039001	RUSSELLVILLE NO.#1 W					0.00	0.00	4,112.50	4,112.50	ESCROW HELD PAYMENT
6-21-05	11-01-2005		40078401	BRAZORIA COUNTY WATER CONTROL DIST					2,224.99	0.00	0.00	2,224.99	PAYMENT REC’D
6-21-05	7-01-2005		40079101	CHILDRESS GENERAL HOSPITAL					45,000.00	3,892.50	0.00	48,892.50	PAYMENT REC’D
System Credits												55,229.99
Bank Credits from 6/20 System Credits														7,353.44
Wire to Trustee for 6/20 System Credits															7,353.44
6-22-05		7-01-2005	40072401	TOWN OF GREENVILLE					25,000.00	937.50	0.00	25,937.50	PAYMENT REC’D
6-22-05		7-01-2005	40072402	TOWN OF GREENVILLE					8,000.00	225.00	0.00	8,225.00	PAYMENT REC’D
System Credits												34,162.50
Bank Credits from 6/21 System Credits														55,229.99
Wire to Trustee for 6/21 System Credits															55,229.99
6-23-05		7-01-2005	40085401	CITY OF RENO					0.00	3,065.63	0.00	3,065.63	PAYMENT REC’D
System Credits												3,065.63
Bank Credits from 6/22 System Credits														34,162.50
Wire to Trustee for 6/22 System Credits															34,162.50
6-27-05		7-01-2005	40041501	TOWN OF GRAMBLING	4,540.00	90.80	4,630.80	9,080.00	0.00	2,821.87	0.00	2,821.87	PAYMENT REC’D
6-27-05		7-01-2005	40042501	PINE HILLS WATERWORK					19,000.00	1,755.00	0.00	20,755.00	PAYMENT REC’D

System Credits											23,576.87
Bank Credits from 6/24 System Credits													3,065.63
Wire to Trustee for 6/24 System Credits														3,065.63
6-28-05	7-01-2005	40049302	CITY OF WAVELAND					48,000.00	4,031.25	0.00	52,031.25	PAYMENT REC’D
System Credits											52,031.25
Bank Credits from 6/27 System Credits													23,576.87
Wire to Trustee for 6/27 System Credits														23,576.87
6-29-05	—	40039001	RUSSELLVILLE NO.#1 W					0.00	0.00	-4,112.50	-4,112.50	PAYMENT REVERSAL
6-29-05	—	40039001	RUSSELLVILLE NO.#1 W					4,000.00	112.50	0.00	4,112.50	LOAN PAYOFF
System Credits											4,112.50
System Debits											-4,112.50
Bank Credits from 6/28 System Credits													52,031.25
Wire to Trustee for 6/28 System Credits														52,031.25
6-30-05	7-01-2005	40005901	TOWN OF ARDMORE					18,000.00	2,400.00	0.00	20,400.00	PAYMENT REC’D
6-30-05	7-01-2005	40005902	TOWN OF ARDMORE					2,000.00	300.00	0.00	2,300.00	PAYMENT REC’D
6-30-05	7-01-2005	40017601	RUBIDOUX COMMUNITY S					25,000.00	1,100.00	0.00	26,100.00	PAYMENT REC’D
6-30-05	—	40039701	CITY OF CADIZ					0.00	0.00	-640.00	-640.00	PAYMENT REVERSAL
6-30-05	6-01-2005	40039701	CITY OF CADIZ					0.00	640.00	0.00	640.00	PAYMENT REC’D
6-30-05	7-01-2005	40069802	CITY OF ARDMORE					1,000.00	125.00	0.00	1,125.00	PAYMENT REC’D
6-30-05	7-01-2005	40069803	CITY OF ARDMORE					10,000.00	1,400.00	0.00	11,400.00	PAYMENT REC’D
6-30-05	7-01-2005	40079801	CROSBY MUNICIPAL DISTRICT					0.00	3,375.00	0.00	3,375.00	PAYMENT REC’D
6-30-05	7-01-2005	40079802	CROSBY MUNICIPAL DISTRICT					0.00	11,250.00	0.00	11,250.00	PAYMENT REC’D
System Credits											76,590.00
System Debits											-640.00
Bank Credits from 6/29 System Credits
Bank Debits from 6/29 System Debits
				235,040.00	68,060.48	303,100.48	2,679,578.97	943,224.99	102,802.38	-237,040.00	808,987.37		986,417.65	729,484.88	256,932.77
Loans Due in Current Period and Paid Prior Period:
5-23-05	6-01-2005	40042601	PRAIRIE RD DI	0.00	4,781.25	4,781.25	170,000.00
5-23-05	6-01-2005	40050501	JACKSON CO DI	0.00	9,028.13	9,028.13	321,000.00
5-18-05	6-01-2005	40052801	TOWN OF BELHA	10,000.00	225.00	10,225.00	10,000.00
5-26-05	6-01-2005	40052901	TOWN OF BOONE	1,000.00	18.75	1,018.75	1,000.00
5-26-05	6-01-2005	40054002	TOWN OF ELM C	7,000.00	280.00	7,280.00	14,000.00
5-23-05	6-01-2005	40054402	TOWN OF GRANI	20,000.00	855.00	20,855.00	38,000.00
5-20-05	6-01-2005	40055401	TOWN OF MANTE	10,000.00	400.00	10,400.00	20,000.00
5-23-05	6-01-2005	40056301	TOWN OF PRINC	9,000.00	1,080.00	10,080.00	36,000.00
5-23-05	6-01-2005	40073102	TOWN OF LIVIN	0.00	1,343.75	1,343.75	50,000.00
5-23-05	6-01-2005	40076201	UN FORK-BAKEW	21,000.00	2,565.00	23,565.00	114,000.00
5-26-05	6-01-2005	40081501	CITY OF HOOKS	0.00	5,939.38	5,939.38	221,000.00
			TOTALS:	78,000.00	26,516.26	104,516.26	995,000.00
					27,681.26
Loans Due in Current Period and Not Yet Paid:
	6-01-2005	40030601	LAKE BLUFF PA	0.00	1,040.00	1,040.00	52,000.00
	6-01-2005	40082803	TOWN OF LITTL	0.00	125.00	125.00	5,000.00
			TOTALS:	0.00	1,165.00	1,165.00	57,000.00
				.
			GRAND TOTAL:	313,040.00	95,741.74	408,781.74	3,731,578.97

GMAC Commercial Mortgage

Public Facilities Trust (HUD)

Paid In Full Loan Schedule

For the Period of January 1, 2005 through June 30, 2005

Loan Number	Payoff Date	Total Amount	Principal Amount	Interest Amount	Maturity Date
Loans Paid in Full at Maturity:
40024201	3-30-05	35,940.63	34,999.75	940.88	3-01-2005
40049901	3-01-05	22,591.25	22,000.00	591.25	3-01-2005
40075701	3-08-05	1,026.88	1,000.00	26.88	3-01-2005
40013401	4-11-05	15,000.00	15,000.00	—	4-01-2005
40079401	4-04-05	4,080.00	4,000.00	80.00	4-01-2005
40079402	4-07-05	1,000.00	1,000.00	—	4-01-2005
40029501	5-05-05	239,700.00	235,000.00	4,700.00	5-01-2005
40037502	5-02-05	5,093.75	5,000.00	93.75	5-01-2005
40071801	5-02-05	10,187.50	10,000.00	187.50	5-01-2005
40054001	6-03-05	2,040.00	2,000.00	40.00	6-01-2005
40054601	6-13-05	13,260.00	13,000.00	260.00	6-01-2005
40057301	6-20-05	3,060.00	3,000.00	60.00	6-01-2005
40085701	6-01-05	25,500.00	25,000.00	500.00	6-01-2005
40085702	6-01-05	7,157.50	7,000.00	157.50	6-01-2005
Total Paid at Maturity:		385,637.51	377,999.75	7,637.76
Loans Paid in Full Prior to Maturity:
40007701	3-15-05	142,100.00	140,000.00	2,100.00	2-01-2011
40017902	2-23-05	9,180.00	9,000.00	180.00	3-01-2005
40044501	2-04-05	220,375.00	215,000.00	5,375.00	2-01-2009
40081601	2-14-05	9,000.00	9,000.00	—	7-01-2007
40081602	2-16-05	264,000.00	264,000.00	—	7-01-2007
40037402	3-28-05	36,652.50	36,000.00	652.50	4-01-2005
40058301	3-11-05	7,210.00	7,000.00	210.00	3-15-2005
40058302	3-11-05	4,120.00	4,000.00	120.00	3-15-2005
40078003	3-18-05	8,160.00	8,000.00	160.00	4-01-2005
40086101	3-21-05	21,420.00	21,000.00	420.00	3-15-2006
40009501	5-09-05	29,000.00	29,000.00	—	2-01-2008
40031901	5-20-05	12,240.00	12,000.00	240.00	6-01-2005
40052801	5-18-05	10,225.00	10,000.00	225.00	6-01-2005
40052901	5-26-05	1,018.75	1,000.00	18.75	6-01-2005
40053601	5-24-05	4,621.60	4,540.00	81.60	6-01-2005
40039001	6-29-05	4,112.50	4,000.00	112.50	7-01-2005
40076001	6-02-05	323,859.38	315,000.00	8,859.38	6-01-2012
40086804	6-08-05	235,000.00	235,000.00	—	6-01-2012
40089901	6-20-05	3,567.81	3,500.00	67.81	7-01-2005
Total Paid Prior to Maturity:		1,345,862.54	1,327,040.00	18,822.54
Total Paid in Full:		1,731,500.05	1,705,039.75	26,460.30

* Please note that service fees have not yet been deducted.

GMAC Commercial Mortgage

Public Facilities Trust (HUD)

Summary of Partial Prepayments

For the Period of January 1, 2005 through June 30, 2005

Loan Number	Transaction Date	Transaction Amount	Principal Amount	Interest Amount
40039001	1-06-05	2,000.00	2,000.00	0

GMAC Commercial Mortgage

Public Facilities Loan Trust (HUD)

Delinquency Report (60+ Days)

as of June 30, 2005

GMACCM Loan Number	Borrower Name	Next Payment Due	P and I Due	Current UPB
40074401	City of Ramer	3-01-05	779.37	25,779.37
40070001	City of Athen	4-01-05	5,287.50	235,000.00
	TOTAL:		6,066.87	260,779.37