Status of Mortgage Bonds

Interest Rates , Series A:	6.8750%
Amortization Factor :	0.683378020
Interest Rates, Series B:	7.1250%
Amortization Factor:	0.734792381
Example of Calculations

Historical Data, Ninth Mortage Trust, Serie A

First day of Quarter	Last day of the Quarter	Balance prior to previous payment date	Interest Rate during previous accrual period	Interest Payment on Previous Payment Date	Principal payment on Previous Payment Date	Balance after previous payment date
7 Feb - 7 Abr	8 Abr	9,375,000.00	6.1875%	99902.34	197,579.43	9,177,420.57
8 Abr - 7 Jul	8 Jul	9,177,420.57	6.1875%	143540.59	364,480.50	8,812,940.07
8 Jul - 7 Oct	8 Oct	8,812,940.07	6.1875%	139354.61	423,509.47	8,389,430.60
2009		0.00		0	0.00	0.00
8 Oct - 7 Ene	8 Ene	8,389,430.60	6.1875%	132657.87	156,100.08	8,233,330.52
8 Ene - 7 Abr	8 Abr	8,233,330.52	6.1875%	127359.33	87,812.84	8,145,517.68
8 Abr - 7 Jul	8 Jul	8,145,517.68	6.3125%	129974.74	187,646.02	7,957,871.66
8 Jul - 7 Oct	8 Oct	7,957,871.66	6.3125%	128375.94	185,729.91	7,772,141.75
2010		0.00		0	0.00	0.00
8 Oct - 7 Ene	8 Ene	7,772,141.75	6.3125%	125379.76	114,362.06	7,657,779.69
8 Ene - 7 Abr	8 Abr	7,657,779.69	6.3125%	120849.34	169,047.86	7,488,731.83
8 Abr - 7 Jul	8 Jul	7,488,731.83	7.5625%	143156.99	206,651.08	7,282,080.75
8 Jul - 7 Oct	8 Oct	7,282,080.75	7.5625%	140736.32	151,286.81	7,130,793.94
8 Oct - 10 Ene	11 Ene	7,130,793.94	7.5625%	142306.38	219,585.40	6,911,208.54
11 Ene - 7 Abr	8 Abr	6,911,208.54	7.5625%	126309.54	188,711.90	6,722,496.64
8 Abr - 7 Jul	8 Jul	6,722,496.64	6.8750%	116826.72	132,019.75	6,590,476.89
8-Jul - 9 Oct	10-Oct	6,590,476.89	6.8750%	118308.21	183,807.95	6,406,668.94
10-Oct - 10-Ene	10-Ene	6,406,668.94	6.8750%

Historical Data, Ninth Mortage Trust, Serie B

First day of Quarter	Last day of the Quarter	Balance prior to previous payment date	Interest Rate during previous accrual period	Interest Payment on Previous Payment Date	Principal payment on Previous Payment Date	Balance after previous payment date
Feb 07 - Abr 08	08-Abr	3,125,000.00	6.4375%	34646.27	36,136.36	3,088,863.64
Abr 08 - Jul 07	08-Jul	3,088,863.64	6.4375%	50263.75	141,826.52	2,947,037.12
Jul 08 - Oct 07	08-Oct	2,947,037.12	6.4375%	48482.85	160,520.53	2,786,516.59
2009		0.00		0	0.00	0.00
Oct 08 - Ene 07	08-Ene	2,786,516.59	6.4375%	45842.07	42,073.09	2,744,443.50
Ene 08 - Abr 07	08-Abr	2,744,443.50	6.4375%	44168.39	29,270.94	2,715,172.56
Abr 08 - Jul 07	08-Jul	2,715,172.56	6.5625%	45040.75	34,704.31	2,680,468.25
Jul 08 - Oct 07	08-Oct	2,680,468.25	6.5625%	44953.69	46,616.40	2,633,851.85
2010		0.00		0	0.00	0.00
Oct 08 - Ene 07	08-Ene	2,633,851.85	6.5625%	44171.89	24,155.07	2,609,696.78
8 Ene - 7 Abr	8 Abr	2,609,696.78	6.5625%	42815.34	95,123.21	2,514,573.57
8 Abr - 7 Jul	8 Jul	2,514,573.57	7.8125%	49658.46	12,623.54	2,501,950.03
8 Jul - 7 Oct	8 Oct	2,501,950.03	7.8125%	49952.13	405.75	2,501,544.28
8 Oct - 10 Ene	11 Ene	2,501,544.28	7.8125%	51572.64	45,533.53	2,456,010.75
11 Ene - 7 Abr	8 Abr	2,456,010.75	7.8125%	46369.99	1,392.48	2,454,618.27
8 Abr - 7 Jul	8 Jul	2,454,618.27	7.1250%	44208.70	79,675.74	2,374,942.53
8 Jul- 9 Oct	10-Oct	2,374,942.53	7.1250%	44183.83	78,716.34	2,296,226.19
10 Oct - 10 Ene	10 Ene	2,296,226.19	7.1250%		0.00	0.00