above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-8)
above. The Class B-2 M Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 1 Portion of the Class B-2 M Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 M Remittance Rate: 7.756.50% $_____________________________ Cut-Off Date: November February 1, 1999 First Distribution Date: March 25, 1999 Last Scheduled Distribution Date: February 25, 2029 Class B-2 M Principal Balance as of the Cut-Off Date: $ $_______________________________ _____________________ Registered Owner Certificate No. .____ [OID LEGEND] This certificate was issued on [November___February 24, 1999] with original issued discount ("OID") of $_________________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-12 CUSIP _____________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-1 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November February 24,1999. [___], 1999. The rate at which interest is payable as of the Issue Date with respect to Unless this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp)
above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $1,057,000.00 Class B-2 Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-2 Principal Balance as of the Cut-Off Date: $ $1,057,000.00 _________________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___February 24, 1999] 2000 with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-14 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-3 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]February 24, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $705,000.00 Class B-3 Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-3 Principal Balance as of the Cut-Off Date: $ $705,000.00 __________________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___February 24, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_$ ______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 A-15 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]February 24, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $470,000.00 Class B-4 Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-4 Principal Balance as of the Cut-Off Date: $ $470,000.00 ______________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ February 24, 1999] 2000 with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-5 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]February 24, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $469,853.56 Class B-6 Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-5 Principal Balance as of the Cut-Off Date: $ $469,853.56 _______________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___February 24, 1999] 2000 with original issued discount ("OID") of $__________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_$ _______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ ---------- MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 19992000-8 1 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-1)
above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-2 A-8 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $1,500,000.00 Class B-2 A-8 Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-2 A-8 Principal Balance as of the Cut-Off Date: $ $1,500,000.00 ---------------- Registered Owner Certificate No.____ [OID LEGEND] This certificate was issued on February 24, 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ___% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_____ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Xxxxxxx X-0 CUSIP ________ MORTGAGE PASS-THROUGH CERTIFICATE Class A-9 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. The issue date (the "Issue Date") of this Certificate is February 24, 2000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.30% per annum. [Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation ("DTC"), to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein.] Series 2000-1 Portion of the Class A-9 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $500,000.00 Class A-9 Remittance Rate: 7.30% Cut-Off Date: February 1, 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class A-9 Principal Balance as of the Cut-Off Date: $500,000.00 _________________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___February 24, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ___% per annum, an annualized monthly compounded yield to maturity of ___%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $__________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-10 CUSIP _____ MORTGAGE PASS-THROUGH CERTIFICATE Class A-P Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. The issue date (the "Issue Date") of this Certificate is February 24, 2000. Interest is not payable with respect to this Certificate. [Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation ("DTC"), to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein.] Series 2000-1 Portion of the Class A-P Principal Balance as of the Cut-Off Date evidenced by this Certificate: $2,408,935.00 Class A-P Remittance Rate: 0.00% Cut-Off Date: February 1, 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class A-P Principal Balance as of the Cut-Off Date: $2,408,935.00 _________________________ Registered Owner Certificate No. ____ [OID LEGEND] This certificate was issued on February 24, 2000 with original issued discount ("OID") of $_____ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-11 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class M Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]February 24, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-1)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 1 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 B-1 Remittance Rate: 7.756.50% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 Principal Balance as of the Cut-Off Date: $ $______________________________ Cut-Off Date: February 1, 1999 First Distribution Date: March 25, 1999 Last Scheduled Distribution Date: February 25, 2029 Class B-1 Principal Balance as of the Cut-Off Date: $__________________________ --------------------------- Registered Owner Certificate No. .____ [OID LEGEND] This certificate was issued on [November___February 24, 1999] with original issued discount ("OID") of $_________________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-13 CUSIP ____________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November February 24, 1999. [Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation ("DTC"), to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein.] IN THE CASE OF ANY CLASS B-2 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT (i) THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND (ii) SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR; PROVIDED THAT IF THE CLASS B-2 CERTIFICATE IS A BOOK-ENTRY CERTIFICATE, SUCH TRANSFEREE SHALL BE DEEMED BY THE ACCEPTANCE OR ACQUISITION OF SUCH CERTIFICATE TO HAVE MADE THE REPRESENTATIONS IN CLAUSES (i) AND (ii) ABOVE; The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-1 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: Class B-2 Remittance Rate: 6.50% $___]______________________ Cut-Off Date: February 1, 1999. The rate at which interest is payable 1999 First Distribution Date: March 25, 1999 Last Scheduled Distribution Date: February 25, 2029 Class B-2 Principal Balance as of the Issue Date Cut-Off Date: $_____________________________ __________________ Registered Owner Certificate No.__ [OID LEGEND] This certificate was issued on [February 24, 1999] with original issued discount ("OID") of $_________________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ___%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ___% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ___% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-14 CUSIP _____________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-3 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is 7.75% per annumFebruary 24, 1999. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 1 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.756.50% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ $_____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp)
above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 6 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 Remittance Rate: 7.757.00% Cut-Off Date: November September 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberSeptember ___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-13 CUSIP_________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-3 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November September [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.757.00% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 6 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.757.00% Cut-Off Date: November September 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ -------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberSeptember ___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP A-14 CUSIP_________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November September [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.757.00% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 6 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.757.00% Cut-Off Date: November September 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberSeptember ___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP A-15 CUSIP__________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-5 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November September [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.757.00% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 6 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.757.00% Cut-Off Date: November September 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberSeptember ___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP CUSIP__________ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 6 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.757.00%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-6)
above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 5 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $1,243,400.00 Class B-2 Remittance Rate: 7.756.75% Cut-Off Date: November July 1, 1999 First Distribution Date: August 25, 1999 Last Scheduled Distribution Date: August 25, 2029 Class B-2 Principal Balance as of the Cut-Off Date: $ ___$1,243,400.00 ________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___July 27, 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-16 CUSIP_______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-3 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]July 27, 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 5 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $1,088,000.00 Class B-3 Remittance Rate: 7.756.75% Cut-Off Date: November July 1, 1999 First Distribution Date: August 25, 1999 Last Scheduled Distribution Date: August 25, 2029 Class B-3 Principal Balance as of the Cut-Off Date: $ _____$1,088,000.00 ________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___July 27, 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP A-17 CUSIP_______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]July 27, 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 5 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $621,700.00 Class B-4 Remittance Rate: 7.756.75% Cut-Off Date: November July 1, 1999 First Distribution Date: August 25, 1999 Last Scheduled Distribution Date: August 25, 2029 Class B-4 Principal Balance as of the Cut-Off Date: $ ___$621,700.00 ________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ July 27 , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP __A-18 CUSIP_______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-5 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]July 27, 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 5 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $777,222.86 Class B-6 B-5 Remittance Rate: 7.756.75% Cut-Off Date: November July 1, 1999 First Distribution Date: August 25, 1999 Last Scheduled Distribution Date: August 25, 2029 Class B-5 Principal Balance as of the Cut-Off Date: $ ___$777,222.86 ________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___July 27, 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP __________ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 5 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.756.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-5)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 6 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 B-1 Remittance Rate: 7.757.00% Cut-Off Date: November September 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 B-1 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberSeptember ___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP A-12 CUSIP_________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November September [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.757.00% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-6)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 7 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 B-1 Remittance Rate: 7.756.50% Cut-Off Date: November October 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 B-1 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberOctober___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-10 CUSIP__________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-2 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November October[___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.50% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-7)
above. The Class B-2 A-7 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of the Class A-1 Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-2 A-7 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-2 A-7 Remittance Rate: 7.757.90% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-2 A-7 Principal Balance as of the Cut-Off Date: $ $[___________________ ] -------------------- Registered Owner Certificate No. ____ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of _____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of _____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 Xxxxxxx X-0 CUSIP __________ MORTGAGE PASS-THROUGH CERTIFICATE Class A-8 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLANTRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITIONWRONGFUL inasmuch as the registered owner hereof, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95Cede & Co., has an interest herein.] Series 2000-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 2 Portion of the Class B-3 Principal Balance A-8 Notional Amount as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ $[__________] Class A-8 Remittance Rate: 8.00% Cut-Off Date: April 1, 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class A-8 Notional Amount as of the Cut-Off Date: $[__________] -------------------- Registered Owner Certificate No. ____ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of _____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of _____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 Xxxxxxx X-0 CUSIP __________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 A-9 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLANTRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITIONWRONGFUL inasmuch as the registered owner hereof, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95Cede & Co., has an interest herein.] Series 2000-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 2 Portion of the Class B-4 A-9 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-4 A-9 Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-4 A-9 Principal Balance as of the Cut-Off Date: $ $[___________________ ] -------------------- Registered Owner Certificate No. ____ [OID LEGEND] This certificate was issued on [NovemberApril ___ , 1999] 2000 with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of _____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of _____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP A-10 CUSIP____________ MORTGAGE PASS-THROUGH CERTIFICATE Class A-10 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLANTRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITIONWRONGFUL inasmuch as the registered owner hereof, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95Cede & Co., has an interest herein.] Series 2000-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 2 Portion of the Class B-5 A-10 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ $[___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R A-10 Remittance Rate: 7.75%. Additionally8.00% Cut-Off Date: April 1, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual 2000 First Distribution Amount as defined in the Pooling Agreement.Date: May 25, 2000
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-2)
above. The Class B-2 IM Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 2 Portion of the Class B-2 IM Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 IM Remittance Rate: 7.756.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 Principal Balance as of the Cut-Off Date: $ $___________________________ Cut-Off Date: March 1, 1999 First Distribution Date: April 26, 1999 Last Scheduled Distribution Date: __________ __, 20__ Class IM Principal Balance as of the Cut-Off Date: $______________________ ---------------- Registered Owner Certificate No. .__ [OID LEGEND] This certificate was issued on [November___March 24, 1999] with original issued discount ("OID") of $_________________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-10 CUSIP _____________ MORTGAGE PASS-THROUGH CERTIFICATE Class IB-1 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- one-to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]March 24, 1999. The rate at which interest is payable as of the Issue Date with respect to [Unless this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 B-1 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 B-1 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 A-20 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-8)
above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-2 Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-2 Principal Balance as of the Cut-Off Date: $ $[___________________ ] ------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of _____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of _____% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-16 CUSIP____________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-3 Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-3 Principal Balance as of the Cut-Off Date: $ $[_____________________ ] -------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP A-17 CUSIP____________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-4 Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-4 Principal Balance as of the Cut-Off Date: $ $[___________________ ] ------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [NovemberApril ___ , 1999] 2000 with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP A-18 CUSIP____________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-5 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-6 B-5 Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-5 Principal Balance as of the Cut-Off Date: $ $[___________________ ] ------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP CUSIP________ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 19992000-8 2 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.758.00%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-2)
above. The Class B-2 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 7 Portion of the Class B-2 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-2 Remittance Rate: 7.756.50% Cut-Off Date: November October 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-2 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberOctober___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-11 CUSIP__________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-3 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November October [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.50% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 7 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.756.50% Cut-Off Date: November October 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ -------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberOctober___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP A-12 CUSIP__________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November October [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.50% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 7 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.756.50% Cut-Off Date: November October 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberOctober___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP A-13 CUSIP__________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-5 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November October [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.50% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 7 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.756.50% Cut-Off Date: November October 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ ------------------- Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [NovemberOctober___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ______% per annum, an annualized monthly compounded yield to maturity of ______%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ______% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ______% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP CUSIP_________ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 7 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.756.50%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreement.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-7)
above. The Class B-2 M Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-2 M Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $5,872,000.00 Class B-2 M Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-2 M Principal Balance as of the Cut-Off Date: $ $5,872,000.00 ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. ____ [OID LEGEND] This certificate was issued on [November___February 24, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 A-12 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 B-1 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]February 24, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-1)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 1 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $1,996,000.00 Class B-2 B-1 Remittance Rate: 7.75% Cut-Off Date: November February 1, 1999 2000 First Distribution Date: March 27, 2000 Last Scheduled Distribution Date: February 25, 2030 Class B-2 B-1 Principal Balance as of the Cut-Off Date: $ $1,996,000.00 ________________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___February 24, 1999] 2000 with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-13 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]February 24, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-1)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-2 B-1 Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-2 B-1 Principal Balance as of the Cut-Off Date: $ $[___________________ ] ------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $_______ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of _____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP A-15 CUSIP____________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-2)
above. The Class B-2 M Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 4 Portion of the Class B-2 M Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $8,582,337 Class B-2 M Remittance Rate: 7.75% Variable Cut-Off Date: November June 1, 1999 First Distribution Date: July 26, 1999 Last Scheduled Distribution Date: June 25, 2029 Class B-2 M Principal Balance as of the Cut-Off Date: $ ___________________ $8,582,337 ----------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [November___June 25, 1999] with original issued discount ("OID") of $_________________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $___________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 A-23 CUSIP _____________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-1 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___]June 25, 1999. The rate at which interest is payable as of the Issue Date with respect to [Unless this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-4)
above. The Class B-2 M Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 19992000-8 2 Portion of the Class B-2 M Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $[__________] Class B-2 M Remittance Rate: 7.758.00% Cut-Off Date: November April 1, 1999 2000 First Distribution Date: May 25, 2000 Last Scheduled Distribution Date: [__________], 20__ Class B-2 M Principal Balance as of the Cut-Off Date: $ $[___________________ ] ------------------- Registered Owner Certificate No. .___ [OID LEGEND] This certificate was issued on [November_April __, 1999] 2000 with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of _____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of _____% and OID allocable to the initial short accrual period of $_________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-14 CUSIP____________ MORTGAGE PASS-THROUGH CERTIFICATE Class B-1 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]April 25, 19992000. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.758.00% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2000-2)
above. The Class B-2 B-1 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 5 Portion of the Class B-2 B-1 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ $2,486,800.00 Class B-2 B-1 Remittance Rate: 7.756.75% Cut-Off Date: November July 1, 1999 First Distribution Date: August 25, 1999 Last Scheduled Distribution Date: August 25, 2029 Class B-2 B-1 Principal Balance as of the Cut-Off Date: $ ___$2,486,800.00 ________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___July 27, 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of _____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is %____% _ [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-21 CUSIP A-15 CUSIP_______ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code")amended. The issue date (the "Issue Date") of this Certificate is November [___]July 27, 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.756.75% per annum. IN THE CASE OF ANY CLASS B-3 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974[Unless this Certificate is presented by an authorized representative of The Depository Trust Company, AS AMENDED a New York corporation ("ERISADTC"), OR SECTION 4975 OF THE CODE to the Trustee or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-3 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-3 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-3 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-3 Principal Balance as of the Cut-Off Date: $ _____________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $_______ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-22 CUSIP _______ MORTGAGE PASS-THROUGH CERTIFICATE Class B-4 Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-4 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR The Class B-4 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-4 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-4 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-4 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___ , 1999] with original issued discount ("OID") of $_________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is _____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. Exhibit A-23 CUSIP _________ MORTGAGE PASS-THROUGH CERTIFICATE Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to four-family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION This Certificate represents ownership of a "regular interest" in a "real estate mortgage investment conduit," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended (the "Code"). The issue date (the "Issue Date") of this Certificate is November [___], 1999. The rate at which interest is payable as of the Issue Date with respect to this Certificate is 7.75% per annum. IN THE CASE OF ANY CLASS B-5 CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. The Class B-5 Certificates will be subordinate in right of payment to and provide credit support to certain Classes of Certificates, as described in the Pooling Agreement. Series 1999-8 Portion of the Class B-5 Principal Balance as of the Cut-Off Date evidenced by this Certificate: $ Class B-6 Remittance Rate: 7.75% Cut-Off Date: November 1, 1999 First Distribution Date: Last Scheduled Distribution Date: Class B-5 Principal Balance as of the Cut-Off Date: $ ___________________ Registered Owner Certificate No. __ [OID LEGEND] This certificate was issued on [November___, 1999] with original issued discount ("OID") of $________ per $1,000 of original certificate [notional] principal balance, an initial class coupon rate of ____% per annum, an annualized monthly compounded yield to maturity of ____%, an adjusted issue price as a percentage of original certificate [notional] principal balance of ____% and OID allocable to the initial short accrual period of $________ per $1,000 of original certificate [notional] principal balance. The prepayment assumption used by the issuer in pricing this certificate is ____% [PSA, CPR]. The yield to maturity was based upon fractional monthly compounding taking into account the initial short accrual period. EXHIBIT B FORM OF RESIDUAL CERTIFICATE CUSIP ____ MORTGAGE PASS-THROUGH CERTIFICATE Class R Evidencing a Percentage Interest in certain distributions with respect to a pool of conventional one- to-four family mortgage loans formed and administered by ABN AMRO MORTGAGE CORPORATION ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE DEPOSITOR AND THE CERTIFICATE REGISTRAR THAT (1) SUCH TRANSFEREE IS NOT EITHER (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (B) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (C) ANY ORGANIZATION DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A), (B), OR (C) BEING HEREINAFTER REFERRED TO AS A "DISQUALIFIED ORGANIZATION"), OR (D) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (2) NO PURPOSE OF SUCH TRANSFER IS TO ENABLE THE TRANSFER TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX. SUCH AFFIDAVIT SHALL INCLUDE CERTAIN REPRESENTATIONS AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE PLEDGE OR OTHER DISPOSITION OF THIS CLASS R CERTIFICATE USE HEREOF FOR VALUE OR OTHERWISE BY OR TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATIONANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDERCede & Co., INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF A CLASS R CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH. IN THE CASE OF ANY CLASS R CERTIFICATE PRESENTED FOR REGISTRATION IN THE NAME OF AN EMPLOYEE BENEFIT OR OTHER PLAN SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR SECTION 4975 OF THE CODE (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS) (A "PLAN"), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING "PLAN ASSETS" OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, THE TRUSTEE OR CERTIFICATE REGISTRAR SHALL REQUIRE SUCH TRANSFEREE TO PROVIDE AN OFFICER'S CERTIFICATE SIGNED BY A RESPONSIBLE OFFICER OF SUCH TRANSFEREE STATING THAT THE TRANSFEREE IS AN INSURANCE COMPANY USING ASSETS OF AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60) TO EFFECT SUCH PURCHASE AND SATISFIES ALL OF THE REQUIREMENTS FOR EXEMPTIVE RELIEF UNDER SECTIONS I AND III OF PTCE 95-60, WHICH OFFICER'S CERTIFICATE SHALL NOT BE AN EXPENSE OF THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, IF ANY, OR THE DEPOSITOR. Solely for U.S. federal income tax purposes, this Certificate represents "residual interests" in "real estate mortgage investment conduits," as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. Series 1999-8 Percentage Interest evidenced by this Class R Certificate in the distributions to be made with respect to the Class R Certificate: 100% Class R Remittance Rate: 7.75%. Additionally, the Class R Certificates are entitled to Excess Liquidation Proceeds and the Residual Distribution Amount as defined in the Pooling Agreementhas an interest herein.]
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Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 1999-5)
