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      MOT 8-K 5-31-06
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                STATES </strong></font></div>
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                AND EXCHANGE COMMISSION</strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman">Washington,
                D.C. 20549</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 16pt; FONT-FAMILY: Times New Roman"><strong><em>FORM
                8-K</em></strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PURSUANT
                TO SECTION 13 OR 15(d) OF THE</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITIES
                EXCHANGE ACT OF 1934</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                of Report (Date of earliest event reported) June 26,
                2006</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Commission
                file number 333-104639-01</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong><u>NAVISTAR
                FINANCIAL DEALER NOTE MASTER OWNER TRUST</u></strong></font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
                name of registrant as specified in its charter)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Delaware</strong></font></div>
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            <td valign="top" width="9%">&#160;</td>
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            <td valign="top" width="4%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                or other jurisdiction of incorporation or organization)</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
                Employer Identification No.)</font></div>
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            <td align="left" colspan="2" valign="top" width="17%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>425
                N. Martingale Road, </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Schaumburg,
                IL 60173</strong></font></div>
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            <td colspan="3" valign="top" width="45%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
                of principal executive offices, Zip Code)</font></div>
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            <td align="left" colspan="2" valign="top" width="17%">&#160;</td>
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            <td align="left" colspan="2" valign="top" width="17%">&#160;</td>
            <td colspan="3" valign="top" width="45%">&#160;</td>
            <td align="left" colspan="2" valign="top" width="17%">&#160;</td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Registrant&#8217;s
                telephone number, including area code (630) 753-4000</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Former
                name or former address, if changed since last report:&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Not
                applicable</strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Check
                the appropriate box below if the Form&#160;8-K filing is intended to
                simultaneously satisfy the filing obligation of the registrant under
                any
                of the following provisions:</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Written
                communications pursuant to Rule&#160;425 under the Securities Act (17 CFR
                230.425)</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Soliciting
                material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR
                240.14a&#8212;12)</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Pre-commencement
                communications pursuant to Rule&#160;14d-2(b)&#160;under the Exchange Act
                (17 CFR 240.14d-2(b))</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Pre-commencement
                communications pursuant to Rule&#160;13e-4(c)&#160;under the Exchange Act
                (17 CFR 240.13e-4(c))</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>INFORMATION
      TO BE INCLUDED IN THE REPORT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Item
      8.01</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 72pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Other
      Events and Regulation FD Disclosure</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">On
      June
      26, 2006 the Registrant has caused to be made available by the trustee the
      monthly Servicer and Settlement Certificates for the Due Period ended May 31,
      2006, which are attached as Exhibit 20 hereto.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Item
      9.01</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 72pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Financial
      Statements, Proforma Financial Information and Exhibit </strong></font></div>
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            <td align="right" style="width: 54pt;"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(c)&#160;&#160;</font></td>
            <td>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Exhibits:
                See attached Exhibit Index.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURE</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, the Registrant
      has
      duly caused this report to be signed on its behalf by the undersigned thereunto
      duly authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>NAVISTAR
      FINANCIAL DEALER NOTE MASTER OWNER TRUST</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>(Registrant)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Date:
                July 10, 2006</font></div>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">By:
                /s/</font></div>
            </td>
            <td align="left" valign="top" width="29%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong><u>JOHN
                V. MULVANEY, SR.</u></strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">John
                V. Mulvaney, Sr.</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Vice
                President and Controller</font></div>
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      8-K</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>EXHIBIT
      INDEX</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Exhibit
                </strong></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Number</strong></font></div>
            </td>
            <td align="left" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Description</strong></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">20</font></div>
            </td>
            <td align="justify" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Monthly
                Servicer and Settlement Certificate #24, Series 2004-1 made available
                on
                June 26, 2006 and Monthly Servicer and Settlement Certificate #16,
                Series
                2005-1 made available on June 26, 2006</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">&#160;</td>
            <td align="justify" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">20(A)</font></div>
            </td>
            <td align="justify" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">5.34
                The percentages and all other information calculated pursuant to
                Section
                1.01 of the Supplement, Certificate #24</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">&#160;</td>
            <td align="justify" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">20(B)</font></div>
            </td>
            <td align="justify" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">5.34
                The percentages and all other information calculated pursuant to
                Section
                1.01 of the Supplement, Certificate #16</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">&#160;</td>
            <td align="justify" valign="top" width="64%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">20(C)</font></div>
            </td>
            <td align="justify" valign="top" width="64%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Dealer
                Note Master Owner Trust Series for the June 26, 2006 Distribution
                Date</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="1">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>&#160;</div>
    <div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>EXHIBIT
        20</strong></font></div>
    </div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td colspan="9" valign="top" width="43%">
              <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">MONTHLY
                SERVICER AND SETTLEMENT CERTIFICATE # 24</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" colspan="9" valign="top" width="43%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DEALER
                NOTE MASTER TRUST</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" colspan="9" valign="top" width="43%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DEALER
                NOTE</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" colspan="9" valign="top" width="43%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ASSET
                BACKED CERTIFICATES,</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" colspan="9" valign="top" width="43%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SERIES
                2004-1</font></div>
            </td>
          </tr>

      </table>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="left" valign="top" width="11%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
                    the Series 2004-1 Supplement dated as of June 10, 2004 (the "Supplement")
                    by and among Navistar Financial Corporation, <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">("NFC"),
                    Navistar Financial Securities Corporation ("NFSC") and The Bank
                    of New
                    York, as trustee (the "Master Trust Trustee") to <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    Pooling and Servicing Agreement dated as of June 8, 1995 (as
                    amended and
                    supplemented, the "Agreement") by and among <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NFC,
                    NFSC, and the Master Trust Trustee, the Master Trust Trustee
                    is required
                    to prepare certain information each month regarding <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">current
                    distributions to certain accounts and payments to the Series
                    2004-1
                    Certificateholders as well as the performance of the <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Master
                    Trust during the previous month. The information which is required
                    to be
                    prepared with respect to the Distribution Date <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    June 26, 2006,</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    the Transfer Date of </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">June
                    23, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    and with respect to the performance of the Master Trust during
                    the Due
                    <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Period
                    ended </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">on
                    May 31, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    and the Distribution Period ended </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">on
                    June 25, 2006 </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is
                    set forth below. Certain of the <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">information
                    is presented on the basis of an original principal amount of
                    $1,000 per
                    Investor Certificate. Certain other information <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">is
                    presented based on the aggregate amounts for the Master Trust
                    as a whole.
                    Capitalized terms used but not otherwise defined herein <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">shall
                    have the meanings assigned to such terms in the Agreement and
                    the
                    Supplement.</font></font></font></font></font></font></font></font></font></font></font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NFC
                    is Servicer under the Agreement.</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    undersigned is a Servicing Officer.</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Master
                    Trust Information.</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.1</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of the Advance, if any, for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">218,457.41
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.2</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of ITEC Finance Charges for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6,773,445.37
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    average daily balance of Dealer Notes outstanding during the
                    Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,488,210,414.32</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.4</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    total amount of Advance Reimbursements for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.5</font></div>
                </td>
                <td align="left" valign="top" width="2%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
                </td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate principal amount of Dealer Notes repaid during the
                    Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">445,394,860.21
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate principal amount of Dealer Notes purchased by the Master
                    Trust</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">during
                    the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">528,986,304.11</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.7</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of the Servicing Fee for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,276,420.53</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.8</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    average daily Master Trust Seller's Interest during the Due
                    Period</font></div>
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                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">419,173,080.23</font></div>
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              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.9</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Master Trust Seller's Interest as of the Distribution Date (after
                    giving
                    effect to the </font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">transactions
                    set forth in Article IV of the Supplement)</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">198,880,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.10</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Collections for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">457,169,099.78</font></div>
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              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.11</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Finance Charge Collections for the Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">11,774,239.57</font></div>
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              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.12</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Principal Collections for the Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">445,394,860.21</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.13</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Dealer Note Losses/(Recoveries) for the Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.14</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Dealer Notes as of the last day of the Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,531,704,643.05</font></div>
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              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.15</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of funds on deposit in the Excess Funding
                    Account</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                    of the end of the last day of the Due Period (after giving effect
                    to
                    the</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">transactions
                    set forth in Article IV of the Supplement and Article IV</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    the Agreement)</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.16</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Eligible
                    Investments in the Excess Funding Account:</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a.
                    The aggregate amount of funds invested in Eligible Investments
                    as of the
                    </font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;
                    end of the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">b.
                    Description of each Eligible Investment:</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">JP
                    Morgan Prime Money Market Fund</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">c.
                    The rate of interest applicable to each such Eligible
                    Investment</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.78%</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">d.
                    The rating of each such Eligible Investment</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AAAm/Aaa</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.17</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Dealer Notes issued to finance OEM
                    Vehicles,</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                    of the end of the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19,788,073.79
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.18</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Dealers with the five largest aggregate outstanding </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">principal
                    amounts of Dealer Notes in the Master Trust as of </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    end of the Due Period:</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i)&#160;
                    Chicago International</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii)
                    White's Tractor &amp; Truck</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iii)
                    Nalley Motor Trucks</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iv)
                    Longhorn Bus Sales</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">v)
                    Midwest Transit</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.19</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Aggregate
                    amount of delinquent principal payments (past due greater than
                    30
                    days)</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                    a percentage of the total principal amount outstanding, as of
                    the end of
                    the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.05%</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.20</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Dealer Notes issued to finance used
                    vehicles,</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                    of the end of the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">75,018,233.88</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.21</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of funds on deposit in the Servicer Transition
                    Fee
                    Account as of</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    end of the last day of the Due Period (after giving effect to
                    the
                    transactions set forth</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">in
                    Article IV of the Supplement)</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">100,406.81</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.22</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Eligible
                    Investments in the Servicer Transition Fee Account:</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a.
                    The aggregate amount of funds invested in Eligible
                    Investments</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">100,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">b.
                    Description of each Eligible Investment:</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">JP
                    Morgan Prime Money Market Fund</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">c.
                    The rate of interest applicable to each such Eligible
                    Investment</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.78%</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">d.
                    The rating of each such Eligible Investment</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AAAm/Aaa</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3.23</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of funds on deposit in the Servicer Transition
                    Fee
                    Account as of</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    Distribution Date (after giving effect to the transactions set
                    forth in
                    Article IV</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    the Supplement and to the payments made on the Distribution
                    Date)</font></div>
                </td>
                <td align="left" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">100,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.0</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Series
                    2004-1 Information.</u></font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.1</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Invested Amount as of the Distribution</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    (after giving effect to the transactions set forth</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">in
                    Article IV of the Supplement and to the </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">payments
                    made on the Distribution Date)</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">424,000,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.2</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Adjusted Invested Amount as of the Distribution</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    (after giving effect to the transactions set forth</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">in
                    Article IV of the Supplement and to the </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">payments
                    made on the Distribution Date)</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">462,160,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.3</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Seller's Invested Amount</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$307,704,643.05
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.4</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Series Allocable Dealer Notes Losses /
                    (Recoveries)</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.5</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Series Allocable Finance Charge </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Collections
                    for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3,364,734.09
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.6</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Series Allocable Principal Collections </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">96,989,147.17
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.7</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Noteholder Allocated Dealer Note Losses / (Recoveries)
                    for
                    </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.8</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Noteholder Available Interest Amounts </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,863,052.23
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.9</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Noteholder Available Principal Amounts for </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">82,527,405.83
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.10</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of the Principal </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Shortfall,
                    if any, for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.11</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Seller Interest Amounts</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">501,681.85
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.12</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    aggregate amount of Seller's Principal Amounts</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">14,461,081.84
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.13</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Reassignment Amount as of the Transfer Date</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">424,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.14</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Minimum Series Seller's </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Invested
                    Amount as of the Distribution Date (after giving </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions set forth in Article IV </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    the Supplement)</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50,880,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.15</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Minimum Seller's </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Invested
                    Amount as of the Distribution Date (after giving </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions set forth in Article IV </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    the Supplement)</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.16</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Minimum Series Seller's </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Interest
                    as of the Distribution Date (after giving </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions set forth in Article IV </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    the Supplement)</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50,880,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.17</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Series Allocation Percentage with respect to Series 2004-1
                    for</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">28.58%</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.18</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Noteholder Floating Allocation Percentage for the </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">85.09%</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.19</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    Noteholder Principal Allocation Percentage, if applicable,</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">85.09%</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.20</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    total amount to be distributed on the Series </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2004-1
                    Certificates on the Distribution Date</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,294,953.34
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.21</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    total amount, if any, to be distributed on the Series </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2004-1
                    Certificates on the Distribution Date</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    to the Invested Amount</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.22</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    total amount, if any, to be distributed on</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    Series 2004-1 Certificates on the Distribution</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    allocable to interest on the Series 2004-1</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certificates</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,984,575.87
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.23</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of the Investor Servicing Fee to be</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">paid
                    on such Distribution Date</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">310,377.47
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.24</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Investment Income with respect to the Series 2004-1
                    Certificate
                    </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17,291.04
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.25</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Excess Interest Collections for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">585,389.94
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.26</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Excess Interest Collections for the</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Due
                    Period allocated to other Series</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.27</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of Noteholder Available Principal Amounts treated</font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                    Shared Principal Collections and allocated to other Series for
                    the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">22,425,130.35
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">&#160;</td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.28</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="49%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                    amount of all Shared Principal Collections allocated to Series
                    2004-1
                    </font></div>
                </td>
                <td align="right" valign="top" width="10%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="49%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
    </div>
    <div>&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="1">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">
      <div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="right" colspan="9" valign="top" width="58%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NOTE
                    STATEMENT</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="9" valign="top" width="58%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">MONTHLY
                    SERVICER AND SETTLEMENT CERTIFICATE # 24</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="9" valign="top" width="58%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NAVISTAR
                    FINANCIAL DEALER NOTE MASTER OWNER TRUST</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="9" valign="top" width="58%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SERIES
                    2004-1 NOTES</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="right" colspan="10" valign="top" width="64%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
                    the Series 2004-1 Indenture Supplement dated as of June 10, 2004
                    (the
                    "Indenture Supplement") by and</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">among
                    the Navistar Financial Dealer Note Master Owner Trust (the "Master
                    Owner
                    Trust") and The Bank of New</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">York,
                    as trustee (the "Indenture Trustee"), the Indenture Trustee is
                    required to
                    prepare certain information each </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">month
                    regarding current distributions to certain accounts and payments
                    on the
                    Series 2004-1 Notes as well as the</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">performance
                    of the Master Owner Trust during the previous month. The information
                    which
                    is required to be </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" colspan="10" valign="top" width="64%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">prepared
                    with respect to the Payment Date </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    June 26, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
                    the Transfer Date </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    June 23, 2006</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">and
                    with respect to the performance of the Master Owner Trust during
                    the Due
                    Period ended on</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">May
                    31, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    and the Distribution Period ended </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">on
                    June 25, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    is
                    set forth below.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certain
                    of the information is presented on the basis of an original principal
                    amount of $1,000 per Note.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certain
                    other information is presented based on the aggregate amounts
                    for the
                    Master Owner Trust as a whole.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Capitalized
                    terms used but not otherwise defined herein shall have the meanings
                    assigned to such terms in the </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indenture
                    Supplement.</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Series
                    2004-1 Notes Information</u></font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.1</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Nominal Liquidation Amount as of the Transfer Date
                    (after</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to the transactions set forth in Article III of the Series
                    2004-1</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indenture
                    Supplement and to payments made on the Payment Date).</font></div>
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                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">212,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cumulative
                    Reductions (Net of Reinstatements) of the Series 2004-1
                    Nominal</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Liquidation
                    Amount, if any, as of the Transfer Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.2</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Collateral Amount as of the Transfer Date (after giving
                    effect to
                    </font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    transactions set forth in Article III of the Series 2004-1 Indenture
                    Supplement and</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    payments made on the Payment Date).</font></div>
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                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">231,080,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.3</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Overcollateralization Amount as of the Transfer Date (after
                    giving
                    effect</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    the transactions set forth in Article III of the Series 2004-1
                    Indenture
                    Supplement</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">and
                    to payments made on the Payment Date).</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19,080,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Target Overcollateralization Amount, if any, as of the
                    Transfer
                    Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19,080,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cumulative
                    Reductions (Net of Reinstatements) of the Series 2004-1 </font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Overcollateralization
                    Amount Deficiency, if any, as of the Transfer Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.4</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Allocated Dealer Note Losses / (Recoveries) for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.5</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Allocated Interest Amounts for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,431,526.12
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.6</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Allocated Principal Amounts for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">41,263,702.92
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.7</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Noteholders Allocated Dealer Note Losses / (Recoveries)
                    for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.8</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Available Interest Amounts with respect to the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,445,561.60
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.9</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Available Principal Amounts with respect to the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">41,263,702.92
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.10
                    </font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Shortfall
                    in Series Available Principal Amounts, if any, for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.11</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Sellers
                    Invested Amount for the Series 2004-1 Notes for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">25,440,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.12</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Shortfall
                    in Series Available Interest Amounts, if any, for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.13</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Unreimbursed
                    reductions to the Series 2004-1 Collateral Amount, if any,</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.14</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Nominal
                    Liquidation Amount plus Accrued and Unpaid Interest as of the
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transfer
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.15</font></div>
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                    2004-1 Required Seller's Invested Amount as of the Payment
                    Date</font></div>
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.16</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
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                    2004-1 Controlled Accumulation Amount, if any, for the Due
                    Period</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.17</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Controlled Deposit Amount, if any, for the Due
                    Period</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.18</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
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                    Variable Allocation Percentage for the Due Period</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.19</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    Fixed Allocation Percentage for the Due Period</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.20
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Series 2004-1 Notes on the Payment
                    Date</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,184,483.14
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.21</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount, if any, to be distributed on the Series 2004-1 Notes
                    on the
                    Payment</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    allocable to the Outstanding Principal Amount</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.22</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Series 2004-1 Notes on the Payment
                    Date
                    allocable</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    interest on the Series 2004-1 Notes</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,002,101.27
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.23</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Servicing Fee to be paid on the Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">182,381.87
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.1</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Investment Income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3,255.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.2</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Principal Funding Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Negative Carry Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.4</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Interest Funding Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.5</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Spread Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10,779.93
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                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.25</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">261,078.46
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.26</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
                    Available Interest Amounts for the Due Period allocated to
                    other</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.27</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
                    Available Interest Amounts for the Due Period allocated to
                    Series</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
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                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.28</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
                    Available Principal Collections allocated from other series of
                    Notes to
                    Series 2004-1 </font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">for
                    the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.29</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                    of Shared Principal Collections allocated to Series 2004-1 Collateral
                    Certificate for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">22,425,130.35
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.30
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                    of Excess Available Principal Collections allocated to other
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    of Notes for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.31
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cash
                    Collateral Percentage as of the Transfer Date </font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.32
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mismatch
                    Amount for the Series 2004-1 Notes for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.33
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Reimbursement
                    Amount for the Series 2004-1 Notes for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.34</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certain
                    amounts and calculations referenced in the definition of Early
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Redemption
                    Event</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">See
                    Exhibit 20(A)</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Account
                    Information</u></font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.1</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Spread Account Balance as of the Payment Date after giving
                    effect</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    all withdrawals and deposits made on such Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,650,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Spread Account Required Amount, if any, as of the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">after
                    giving effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,650,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.2</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Principal Funding Account Balance as of the Payment Date
                    after</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Negative Carry Account Balance as of the Payment Date
                    after</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Required Negative Carry Account Balance, if any, as of
                    the
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payment
                    Date after giving effect to all withdrawals and deposits made
                    on
                    such</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.4</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2004-1 Interest Funding Account Balance as of the Payment Date
                    after
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Class
                    A Notes Information</u></font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.1</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    A Outstanding Principal Amount as of the Payment Date after giving
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions made on such Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">200,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.2</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    A Nominal Liquidation Amount as of the Payment Date after giving
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions made on such Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">200,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">939,139.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.4</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount, if any, to be distributed on the Class A Notes on the
                    Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    to the Class A Outstanding Principal Amount</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.5</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    interest on the Class A Notes</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">939,139.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    A Monthly Interest for the Interest Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">939,139.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Class
                    B Notes Information</u></font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.1</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    B Outstanding Principal Amount as of the Payment Date after giving
                    effect</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    the transactions made on such Payment Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.2</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    B Nominal Liquidation Amount as of the Payment Date after giving
                    </font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions made on such Payment Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.3</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">62,961.71
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.4</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="65%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount, if any, to be distributed on the Class B Notes on the
                    Payment</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    allocable to the Class B Outstanding Principal Amount</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.5</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    interest on the Class B Notes</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">62,961.71
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="65%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    B Monthly Interest for the Interest Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">62,961.71
                    </font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div>&#160;</div>
      <div><br>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="right" colspan="9" valign="top" width="58%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NOTE
                    STATEMENT</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="9" valign="top" width="58%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">MONTHLY
                    SERVICER AND SETTLEMENT CERTIFICATE # 16</font></div>
                </td>
              </tr>
              <tr>
                <td colspan="9" valign="top" width="58%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NAVISTAR
                    FINANCIAL DEALER NOTE MASTER OWNER TRUST</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="9" valign="top" width="58%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SERIES
                    2005-1 NOTES</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td align="right" colspan="10" valign="top" width="64%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
                    the Series 2005-1 Indenture Supplement dated as of February 28,
                    2005 (the
                    "Indenture Supplement") by and</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">among
                    the Navistar Financial Dealer Note Master Owner Trust (the "Master
                    Owner
                    Trust") and The Bank of New</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">York,
                    as trustee (the "Indenture Trustee"), the Indenture Trustee is
                    required to
                    prepare certain information each </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">month
                    regarding current distributions to certain accounts and payments
                    on the
                    Series 2005-1 Notes as well as the</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">performance
                    of the Master Owner Trust during the previous month. The information
                    which
                    is required to be </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" colspan="10" valign="top" width="64%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">prepared
                    with respect to the Payment Date </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    June 26, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
                    the Transfer Date </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    June 23, 2006</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">and
                    with respect to the performance of the Master Owner Trust during
                    the Due
                    Period ended on</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">May
                    31, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    and the Distribution Period ended </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">on
                    June 25, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    is
                    set forth below.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certain
                    of the information is presented on the basis of an original principal
                    amount of $1,000 per Note.</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="64%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certain
                    other information is presented based on the aggregate amounts
                    for the
                    Master Owner Trust as a whole.</font></div>
                </td>
              </tr>
              <tr>
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              <tr>
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                    Supplement.</font></div>
                </td>
              </tr>

          </table>
        </div>
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      <div>&#160;</div>
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                    2005-1 Notes Information</u></font></div>
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                <td align="right" valign="top" width="11%">&#160;</td>
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              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
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                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                    (after</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to the transactions set forth in Article III of the Series
                    2005-1</font></div>
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                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indenture
                    Supplement and to payments made on the Payment Date).</font></div>
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                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">212,000,000.00
                    </font></div>
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              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cumulative
                    Reductions (Net of Reinstatements) of the Series 2005-1
                    Nominal</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Liquidation
                    Amount, if any, as of the Transfer Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.2</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Collateral Amount as of the Transfer Date (after giving
                    effect to
                    </font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                    transactions set forth in Article III of the Series 2005-1 Indenture
                    Supplement and</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    payments made on the Payment Date).</font></div>
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                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">231,080,000.00</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.3</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Overcollateralization Amount as of the Transfer Date (after
                    giving
                    effect</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    the transactions set forth in Article III of the Series 2005-1
                    Indenture
                    Supplement</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">and
                    to payments made on the Payment Date).</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19,080,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Target Overcollateralization Amount, if any, as of the
                    Transfer
                    Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19,080,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cumulative
                    Reductions (Net of Reinstatements) of the Series 2005-1 </font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Overcollateralization
                    Amount Deficiency, if any, as of the Transfer Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.4</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Allocated Dealer Note Losses / (Recoveries) for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.5</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Allocated Interest Amounts for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,431,526.12
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.6</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Allocated Principal Amounts for the Due Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">41,263,702.92
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.7</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Noteholders Allocated Dealer Note Losses / (Recoveries)
                    for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.8</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Available Interest Amounts with respect to the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,445,561.60
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.9</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Available Principal Amounts with respect to the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">41,263,702.92
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.10
                    </font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Shortfall
                    in Series Available Principal Amounts, if any, for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.11</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Sellers
                    Invested Amount for the Series 2005-1 Notes for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">25,440,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.12</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Shortfall
                    in Series Available Interest Amounts, if any, for the Due
                    Period</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.13</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Unreimbursed
                    reductions to the Series 2005-1 Collateral Amount, if any,</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
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                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.14</font></div>
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                    </font></div>
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                <td align="left" valign="top" width="11%">&#160;</td>
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              <tr>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transfer
                    Date</font></div>
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                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">212,000,000.00
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                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
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                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.15</font></div>
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                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
                </td>
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                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Required Seller's Invested Amount as of the Payment
                    Date</font></div>
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                <td align="left" valign="top" width="11%">
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.16</font></div>
                </td>
                <td align="left" valign="top" width="2%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
                </td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Controlled Accumulation Amount, if any, for the Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.17</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Controlled Deposit Amount, if any, for the Due
                    Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.18</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    Variable Allocation Percentage for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.19</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    Fixed Allocation Percentage for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.20
                    </font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Series 2005-1 Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,164,856.47
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.21</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount, if any, to be distributed on the Series 2005-1 Notes
                    on the
                    Payment</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    allocable to the Outstanding Principal Amount</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.22</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Series 2005-1 Notes on the Payment
                    Date
                    allocable</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    interest on the Series 2005-1 Notes</font></div>
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                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">982,474.60
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.23</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Servicing Fee to be paid on the Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">182,381.87
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.1</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Investment Income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3,255.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.2</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Principal Funding Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Negative Carry Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.4</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Interest Funding Account investment income</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.24.5</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10,779.93
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                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.25</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">280,705.13
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.26</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
                    Available Interest Amounts for the Due Period allocated to
                    other</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    of Notes </font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.27</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
                    Available Interest Amounts for the Due Period allocated to
                    Series</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                    Investor Certificates</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.28</font></div>
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                <td align="left" valign="top" width="2%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
                </td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
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                    Notes
                    to</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.29</font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
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                    Certificate for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">22,425,130.35
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.30
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                    of Excess Available Principal Collections allocated to other
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    of Notes for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
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                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.31
                    </font></div>
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                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cash
                    Collateral Percentage as of the Transfer Date </font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
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              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.32
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mismatch
                    Amount for the Series 2005-1 Notes for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.33
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Reimbursement
                    Amount for the Series 2005-1 Notes for the Due Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5.34</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Certain
                    amounts and calculations referenced in the definition of Early
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Redemption
                    Event</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">See
                    Exhibit 20(B)</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Account
                    Information</u></font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.1</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Spread Account Balance as of the Payment Date after giving
                    effect</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    all withdrawals and deposits made on such Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,650,000.00
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                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Spread Account Required Amount, if any, as of the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">after
                    giving effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,650,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.2</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Principal Funding Account Balance as of the Payment Date
                    after</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                    after</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payment
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                    on
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                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payment
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                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.4</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                    2005-1 Interest Funding Account Balance as of the Payment Date
                    after
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">giving
                    effect to all withdrawals and deposits made on such Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Class
                    A Notes Information</u></font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.1</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    A Outstanding Principal Amount as of the Payment Date after giving
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions made on such Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">200,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.2</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    A Nominal Liquidation Amount as of the Payment Date after giving
                    </font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions made on such Payment Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">200,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.3</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">923,139.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.4</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount, if any, to be distributed on the Class A Notes on the
                    Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    to the Class A Outstanding Principal Amount</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.5</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    interest on the Class A Notes</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">923,139.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    A Monthly Interest for the Interest Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">923,139.56
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8
                    </font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Class
                    B Notes Information</u></font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.1</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    B Outstanding Principal Amount as of the Payment Date after giving
                    effect</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">to
                    the transactions made on such Payment Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.2</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    B Nominal Liquidation Amount as of the Payment Date after giving
                    </font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
                    to the transactions made on such Payment Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12,000,000.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.3</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date</font></div>
                </td>
                <td align="right" valign="top" width="11%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">59,335.04
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">&#160;</td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">&#160;</td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="6%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.4</font></div>
                </td>
                <td align="right" valign="top" width="2%">&#160;</td>
                <td align="right" valign="top" width="52%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount, if any, to be distributed on the Class B Notes on the
                    Payment</font></div>
                </td>
                <td align="right" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                    allocable to the Class B Outstanding Principal Amount</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.00
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.5</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date</font></div>
                </td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocable
                    interest on the Class B Notes</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">59,335.04
                    </font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">&#160;</td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">&#160;</td>
                <td align="left" valign="top" width="11%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="6%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">8.6</font></div>
                </td>
                <td align="left" valign="top" width="2%">&#160;</td>
                <td align="left" valign="top" width="52%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Class
                    B Monthly Interest for the Interest Period</font></div>
                </td>
                <td align="left" valign="top" width="11%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">59,335.04
                    </font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div>&#160;</div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 36pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Exhibit
            20(A)</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 36pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong><u>Series
            2004-1 Notes</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 45pt" align="center">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 45pt" align="left">&#160;</div>
          <div align="left">
            <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">

                <tr bgcolor="white">
                  <td valign="top" width="5%">5.34&#160;</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                      percentages and all other information calculated pursuant to
                      the
                      Definitions at Early Redemption Events as specified in Section
                      1.01 of The
                      Series 2004-1 Indenture Supplement</font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>Early
                      Redemption Events</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#8221;
                      means, with respect to the Series 2004-1 Notes, each of the
                      Early
                      Amortization Events specified in Section 9.01 of the Pooling
                      and Servicing
                      Agreement, as supplemented by the Series Supplement, plus each
                      of the
                      following:</font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(A)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">failure
                      on the part of the Seller (i) to make any payment, distribution
                      or deposit
                      under the Pooling and Servicing Agreement or the Series Supplement
                      within
                      five Business Days after the Due Date or (ii) to observe or
                      perform in any
                      material respect any other material covenants or agreements
                      of the Seller,
                      which failure has a material adverse effect on the Series 2004-1
                      Noteholders and which continues unremedied for a period of
                      60 days after
                      written notice of such failure shall have been given to the
                      Seller by the
                      Indenture Trustee or to the Seller and the Indenture Trustee
                      by any Holder
                      of the Series 2004-1 Notes;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(B)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                      representation or warranty made by the Seller pursuant to the
                      Pooling and
                      Servicing Agreement or any information contained in the schedule
                      of Dealer
                      Notes delivered thereunder or the Series Supplement shall prove
                      to have
                      been incorrect in any material respect when made or when delivered,
                      which
                      representation, warranty or schedule, or the circumstances
                      or condition
                      that caused such representation, warranty or schedule to be
                      incorrect,
                      continues to be incorrect or uncured in any material respect
                      for a period
                      of 60 days after written notice of such incorrectness shall
                      have been
                      given to the Seller by the Indenture Trustee or to the Seller
                      and the
                      Indenture Trustee by any Holder of the Series 2004-1 Notes
                      and as a result
                      of which the interests of the Series 2004-1 Noteholders are
                      materially and
                      adversely affected, provided, however, that an Early Redemption
                      Event
                      shall not be deemed to occur if the Seller has repurchased
                      the related
                      Dealer Notes or all such Dealer Notes, if applicable, during
                      such period
                      in accordance with the provisions of the Pooling and Servicing
                      Agreement;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>
                      __No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(C)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                      of the Seller, ITEC, NIC or NFC Shall file a petition commencing
                      a
                      voluntary case under any chapter of the federal bankruptcy
                      laws; or the
                      Seller or NFC shall file a petition or answer or consent seeking
                      reorganization, arrangement, adjustment or composition under
                      any other
                      similar applicable federal law, or shall consent to the filing
                      of any such
                      petition, answer or consent; or the Seller, ITEC, NIC or NFC
                      shall
                      appoint, or consent to the appointment of a custodian, receiver,
                      liquidator, trustee, assignee, sequestrator or other similar
                      official in
                      bankruptcy or insolvency of it or of any substantial part of
                      its property;
                      or the Seller, ITEC, NIC or NFC shall make an assignment for
                      the benefit
                      of creditors, or shall admit in writing its inability to pay
                      its debts
                      generally as they become due;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>
                      __No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(D)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                      order for relief against any of the Seller, ITEC, NIC or NFC
                      shall have
                      been entered by a court having jurisdiction in the premises
                      under any
                      chapter of the federal bankruptcy laws, and such order shall
                      have
                      continued undischarged or unstayed for a period of 120 days;
                      or a decree
                      or order by a court having jurisdiction in the premises shall
                      have been
                      entered approving as properly filed a petition seeking reorganization,
                      arrangement, adjustment, or composition of the Seller, ITEC,
                      NIC or NFC
                      under any other similar applicable federal law, and such decree
                      or order
                      shall have continued undischarged or unstayed for a period
                      of 120 days; or
                      a decree or order of a court having jurisdiction in the premises
                      for the
                      appointment of a custodian, receiver, liquidator, trustee,
                      assignee,
                      sequestrator or other similar official in bankruptcy or insolvency
                      of the
                      Seller, ITEC, NIC or NFC of any substantial part of their property,
                      or for
                      the winding up or liquidation of their affairs, shall have
                      been entered,
                      and such decree or order shall have remained in force undischarged
                      or
                      unstayed for a period of 120 days; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(E)</td>
                  <td width="95%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                    Seller shall become legally unable for any reason to transfer
                    Dealer Notes
                    </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">to
                    the Master Trust in accordance with the provisions of the Pooling
                    and</font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Servicing
                      Agreement;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No_</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(F)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Transfer Date, after giving effect to allocations to be
                      made on that
                      Transfer Date (including payments to be made on the related
                      Payment Date),
                      the Series 2004-1 Target Overcollateralization Amount exceeds
                      the Series
                      2004-1 Overcollateralization Amount by more than the Series
                      2004-1
                      Overcollateralization Amount Shortfall Trigger; provided, however,
                      that if
                      such shortfall was caused by an Excess Cash Collateral Event,
                      the Seller
                      shall have a six month period during which an Early Redemption
                      Event shall
                      not occur if the foregoing condition is satisfied by calculating
                      the
                      Series 2004-1 Nominal Liquidation Amount after subtracting
                      the amount on
                      deposit in the Series 2004-1 Principal Funding Account in respect
                      of the
                      Series 2004-1 Notes; </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(G)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                      Servicer Termination Event shall occur (i) which would have
                      a material
                      adverse effect on the Series 2004-1 Noteholders and (ii) for
                      which the
                      Servicer has received a notice of termination; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(H)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Determination Date, as of the last day of the preceding
                      Due Period,
                      the aggregate principal balance amount of Dealer Notes owned
                      by the Master
                      Trust relating to used vehicles exceeds 25% of the aggregate
                      principal
                      balance of Dealer Notes held by the Master Trust on that last
                      day;
                      Aggregate Principal Dealer Note Balance which was advanced
                      against
                      Financed Vehicles which are Used Vehicles exceeds 25% of the
                      Aggregate
                      Principal Balance of all Dealer Notes?</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                    <div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Used
                        Financed Vehicle Ratio: </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">4.88%</font></div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                    </div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(I)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Determination Date, the quotient of (i) the product of
                      (a) the sum of
                      Dealer Note Collections for each of the related Due Period
                      and the two
                      immediately preceding Due Periods and (b) four, divided by
                      (ii) the daily
                      average principal amount of Dealer Notes outstanding during
                      such Due
                      Periods (&#8220;Turnover&#8221;) is less than 1.7;</font></div>
                    <div>&#160;</div>
                    <div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Turnover
                        Ratio
                        less than 1.7?</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">__<u>No</u>__</font></div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Turnover
                          Ratio:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.55</font></div>
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                      </div>
                    </div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(J)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Series 2004-1 Outstanding Principal Amount is not repaid by
                      the Expected
                      Principal Payment Date;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(K)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Issuer becomes an &#8220;investment company&#8221; within the meaning of the
                      Investment Company Act of 1940, as amended, and is not exempt
                      from
                      compliance with that Act;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">
                    <div>(L)</div>
                    <div>&#160;</div>
                  </td>
                  <td valign="top" width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      occurrence of an Event of Default under the Indenture;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(M)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      delivery by the Seller to the Master Trust Trustee of a notice
                      stating
                      that the Seller shall no longer continue to sell Dealer Notes
                      to the
                      Master Trust commencing on the date specified in such notice;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>
                      __No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(N)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Average Coverage Differential shall be equal to or less than
                      negative two
                      percent (-2%) on each of three consecutive Determination Dates;
                      Average
                      Coverage Differential shall be equal to or less than negative
                      Two percent
                      (-2.00%) on each of three consecutive Determination Dates?</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;2
                        Months Past:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.65%</font></div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;1
                          Month
                          Past:&#160;</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.61%</font></div>
                      </div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Current
                          Month:</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.61%</font></div>
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                      </div>
                    </div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(O)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Determination Date, the quotient of (i) the sum of Dealer
                      Note Losses
                      for each of the related Due Period and the five immediately
                      preceding Due
                      Periods and (ii) the sum of Principal Collections for each
                      of the related
                      Due Period and the five immediately preceding Due Periods,
                      is greater than
                      or equal to one percent (1%);</font></div>
                    <div>&#160;</div>
                    <div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;</font>&#160;Dealer
                        Note Loss
                        Ratio greater than or equal to one percent (1.00%)?</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;</font>&#160;Dealer
                          Note Loss
                          Ratio:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                      </div>
                    </div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(P)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">at
                      the end of any Due Period, the Seller&#8217;s Invested Amount is reduced to an
                      amount less than the Minimum Seller&#8217;s Invested Amount and the Seller has
                      failed to assign additional Dealer Notes to the Master Trust
                      or deposit
                      cash into the Excess Funding Account, the Series 2004-1 Principal
                      Funding
                      Account or any other principal funding account with respect
                      to any other
                      series in the amount of such deficiency within ten Business
                      Days following
                      the end of such Due Period; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>provided</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">,
                      </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>however</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">,
                      that if such deficiency was caused by an Excess Cash Collateral
                      Event, the
                      Seller shall have a six month period during which an Early
                      Redemption
                      Event shall not occur if the foregoing condition is satisfied
                      by
                      calculating the Series 2004-1 Nominal Liquidation Amount after
                      subtracting
                      the amount on deposit in the Series 2004-1 Principal Funding
                      Account in
                      respect of the Series 2004-1 Notes; and</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(Q)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">failure
                      on the part of ITEC to make a deposit in the Interest Deposit
                      Account
                      required by the terms of the Interest Deposit Agreement on
                      or before the
                      date occurring five Business Days after the date such deposit
                      is required
                      by the Interest Deposit Agreement to be made </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td colspan="2" valign="top" width="100%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">In
                    the case of any event described in clauses (A), (B) or (G) above,
                    an Early
                    Redemption Event with respect to Series 2004-1 Notes shall be
                    deemed to
                    have occurred only if, after the applicable grace period described
                    in
                    those clauses, if any, either the Indenture Trustee or Series
                    2004-1
                    Noteholders holding Series 2004-1 Notes evidencing more than
                    50% of the
                    Series 2004-1 Outstanding Principal Amount by written notice
                    to the
                    Seller, the Servicer, the Master Trust Trustee and, if given
                    by Series
                    2004-1 Noteholders, the Indenture Trustee, declare that an Early
                    Redemption Event has occurred as of the date of that notice.
                    In the case
                    of any Early Redemption Event that is also an Early Amortization
                    Event as
                    described in the Series Supplement or any event other than </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>clauses
                    (A),</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>(B)</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">
                    or
                    </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>(G)</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">
                    described above, an Early Redemption Event with respect to the
                    Series
                    2004-1 Notes shall be deemed to have occurred without any notice
                    or other
                    action on the part of the Indenture Trustee or the Series 2004-1
                    Noteholders immediately upon the occurrence of that
                    event.</font></td>
                </tr>

            </table>
          </div>
        </div>
        <div>&#160;</div>
        <div>&#160;</div>
        <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
          <div id="FTR">
            <div id="GLFTR" style="WIDTH: 100%" align="left">
            </div>
          </div>
          <div id="PN" style="PAGE-BREAK-AFTER: always">
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
            </div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade size="1">
            </div>
          </div>
          <div id="HDR">
            <div id="GLHDR" style="WIDTH: 100%" align="right">
            </div>
          </div>
        </div>
        <div>&#160;</div>
        <div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 36pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Exhibit
            20(B)</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 36pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong><u>Series
            2005-1 Notes</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 36pt" align="center">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 36pt" align="left">&#160;</div>
          <div align="left">
            <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">

                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;5.34</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                      percentages and all other information calculated pursuant to
                      the
                      Definitions at Early Redemption Events as specified in Section
                      1.01 of The
                      Series 2005-1 Indenture Supplement.</font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td width="5%">&#160;</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#8220;Early
                      Redemption Events&#8221; means, with respect to the Series 2005-1 Notes, each of
                      the Early Amortization Events specified in Section 9.01 of
                      the Pooling and
                      Servicing Agreement, as supplemented by the Series Supplement,
                      plus each
                      of the following:</font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(A)</td>
                  <td width="95%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">failure
                    on the part of the Seller (i) to make any payment, distribution
                    or deposit
                    required under the Pooling and Servicing Agreement or the Series
                    Supplement within five Business Days after the Due Date or (ii)
                    to observe
                    or perform in any material respect any other material covenants
                    or
                    agreements of the Seller, which failure has a material adverse
                    effect on
                    the Series 2005-1 Noteholders and which continues unremedied
                    for a period
                    of 60 days after written notice of such failure shall have been
                    given to
                    the Seller by the Indenture Trustee or to the Seller and the
                    Indenture
                    Trustee by any Holder of the Series 2005-1 Notes;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>
                    __No__</u></font>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(B)</td>
                  <td width="95%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                    representation or warranty made by the Seller pursuant to the
                    Pooling and
                    Servicing Agreement or any information contained in the schedule
                    of Dealer
                    Notes delivered thereunder or the Series Supplement shall prove
                    to have
                    been incorrect in any material respect when made or when delivered,
                    which
                    representation, warranty or schedule, or the circumstances or
                    condition
                    that caused such representation, warranty or schedule to be incorrect,
                    continues to be incorrect or uncured in any material respect
                    for a period
                    of 60 days after written notice of such incorrectness shall have
                    been
                    given to the Seller by the Indenture Trustee or to the Seller
                    and the
                    Indenture Trustee by any Holder of the Series 2005-1 Notes and
                    as a result
                    of which the interests of the Series 2005-1 Noteholders are materially
                    and
                    adversely affected, provided, however, that an Early Redemption
                    Event
                    shall not be deemed to occur if the Seller has repurchased the
                    related
                    Dealer Notes or all such Dealer Notes, if applicable, during
                    such period
                    in accordance with the provisions of the Pooling and Servicing
                    Agreement;
                    </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(C)</td>
                  <td width="95%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                    of the Seller, ITEC, NIC or NFC shall file a petition commencing
                    a
                    voluntary case under any chapter of the federal bankruptcy laws;
                    or the
                    Seller or NFC shall file a petition or answer or consent seeking
                    reorganization, arrangement, adjustment or composition under
                    any other
                    similar applicable federal law, or shall consent to the filing
                    of any such
                    petition, answer or consent; or the Seller, ITEC, NIC or NFC
                    shall
                    appoint, or consent to the appointment of a custodian, receiver,
                    liquidator, trustee, assignee, sequestrator or other similar
                    official in
                    bankruptcy or insolvency of it or of any substantial part of
                    its property;
                    or the Seller, ITEC, NIC or NFC shall make an assignment for
                    the benefit
                    of creditors, or shall admit in writing its inability to pay
                    its debts
                    generally as they become due; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(D)</td>
                  <td width="95%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                    order for relief against any of the Seller, ITEC, NIC or NFC
                    shall have
                    been entered by a court having jurisdiction in the premises under
                    any
                    chapter of the federal bankruptcy laws, and such order shall
                    have
                    continued undischarged or unstayed for a period of 120 days;
                    or a decree
                    or order by a court having jurisdiction in the premises shall
                    have been
                    entered approving as properly filed a petition seeking reorganization,
                    arrangement, adjustment, or composition of the Seller, ITEC,
                    NIC or NFC
                    under any other similar applicable federal law, and such decree
                    or order
                    shall have continued undischarged or unstayed for a period of
                    120 days; or
                    a decree or order of a court having jurisdiction in the premises
                    for the
                    appointment of a custodian, receiver, liquidator, trustee, assignee,
                    sequestrator or other similar official in bankruptcy or insolvency
                    of the
                    Seller, ITEC, NIC or NFC of any substantial part of their property,
                    or for
                    the winding up or liquidation of their affairs, shall have been
                    entered,
                    and such decree or order shall have remained in force undischarged
                    or
                    unstayed for a period of 120 days; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(E)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Seller shall become legally unable for any reason to transfer
                      Dealer Notes
                      to the Master Trust in accordance with the provisions of the
                      Pooling and
                      Servicing Agreement; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(F)</td>
                  <td width="95%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                    any Transfer Date, after giving effect to allocations to be made
                    on that
                    Transfer Date (including payments to be made on the related Payment
                    Date),
                    the Series 2005-1 Target Overcollateralization Amount exceeds
                    the Series
                    2005-1 Overcollateralization Amount by more than the Series 2005-1
                    Overcollateralization Amount Shortfall Trigger; provided, however,
                    that if
                    such shortfall was caused by an Excess Cash Collateral Event,
                    the Seller
                    shall have a six month period during which an Early Redemption
                    Event shall
                    not occur if the foregoing condition is satisfied by calculating
                    the
                    Series 2005-1 Nominal Liquidation Amount after subtracting the
                    amount on
                    deposit in the Series 2005-1 Principal Funding Account in respect
                    of the
                    Series 2005-1 Notes;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(G)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">any
                      Servicer Termination Event shall occur (i) which would have
                      a material
                      adverse effect on the Series 2005-1 Noteholders and (ii) for
                      which the
                      Servicer has received a notice of termination; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(H)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Determination Date, as of the last day of the preceding
                      Due Period,
                      the aggregate principal balance amount of Dealer Notes owned
                      by the Master
                      Trust relating to used vehicles exceeds 25% of the aggregate
                      principal
                      balance of Dealer Notes held by the Master Trust on that last
                      day;
                      Aggregate Principal Dealer Note Balance which was advanced
                      against
                      Financed Vehicles which are Used Vehicles exceeds 25% of the
                      aggregate
                      Principal Balance of all Dealer Notes? </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                    <div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Used
                        Financed Vehicle Ratio: </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">4.88%</font></div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    </div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(I)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Determination Date, the quotient of (i) the product of
                      (a) the sum of
                      Dealer Note Collections for each of the related Due Period
                      and the two
                      immediately preceding Due Periods and (b) four, divided by
                      (ii) the daily
                      average principal amount of Dealer Notes outstanding during
                      such Due
                      Periods (&#8220;Turnover&#8221;) is less than 1.7;</font></div>
                    <div>&#160;</div>
                    <div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Turnover
                        Ratio
                        less than 1.7?</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Turnover
                          Ratio:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.55</font></div>
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                      </div>
                    </div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(J)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Series 2005-1 Outstanding Principal Amount is not repaid by
                      the Expected
                      Principal Payment Date;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(K)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Issuer becomes an &#8220;investment company&#8221; within the meaning of the
                      Investment Company Act of 1940, as amended, and is not exempt
                      from
                      compliance with that Act; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(L)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      occurrence of an Event of Default under the Indenture; </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(M)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      delivery by the Seller to the Master Trust Trustee of a notice
                      stating
                      that the Seller shall no longer continue to sell Dealer Notes
                      to the
                      Master Trust commencing on the date specified in such notice;
</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(N)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">the
                      Average Coverage Differential shall be equal to or less than
                      negative two
                      percent (-2%) on each of three consecutive Determination Dates;
                      Average
                      Coverage Differential shall be equal to or less than negative
                      Two percent
                      (-2.00%) on each of three consecutive Determination </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Dates?</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;<u>__No__</u></font></div>
                    <div>&#160;</div>
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;2
                      Months Past:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.65%<br><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;1
                      Month
                      Past:&#160;&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.61%</font></font></div>
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Current
                      Month:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.61%</font></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(O)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">on
                      any Determination Date, the quotient of (i) the sum of Dealer
                      Note Losses
                      for each of the related Due Period and the five immediately
                      preceding Due
                      Periods and (ii) the sum of Principal Collections for each
                      of the related
                      Due Period and the five immediately preceding Due Periods,
                      is greater than
                      or equal to one percent (1%); </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Dealer
                      Note Loss Ratio greater than or equal to one percent (1.00%)?
</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No_</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt"><font id="TAB2" style="LETTER-SPACING: 9pt"><font id="TAB2" style="LETTER-SPACING: 9pt"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;</font>&#160;Dealer
                      Note Loss Ratio:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(P)</td>
                  <td width="95%">
                    <div><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">at
                      the end of any Due Period, the Seller&#8217;s Invested Amount is reduced to an
                      amount less than the Minimum Seller&#8217;s Invested Amount and the Seller has
                      failed to assign additional Dealer Notes to the Master Trust
                      or deposit
                      cash into the Excess Funding Account, the Series 2005-1 Principal
                      Funding
                      Account or any other principal funding account with respect
                      to any other
                      series in the amount of such deficiency within ten Business
                      Days following
                      the end of such Due Period; </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>provided</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">,
                      </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>however</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">,
                      that if such deficiency was caused by an Excess Cash Collateral
                      Event, the
                      Seller shall have a six month period during which an Early
                      Redemption
                      Event shall not occur if the foregoing condition is satisfied
                      by
                      calculating the Series 2005-1 Nominal Liquidation Amount after
                      subtracting
                      the amount on deposit in the Series 2005-1 Principal Funding
                      Account in
                      respect of the Series 2005-1 Notes; and </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td valign="top" width="5%">&#160;(Q)</td>
                  <td width="95%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">failure
                      on the part of ITEC to make a deposit in the Interest Deposit
                      Account
                      required by the terms of the Interest Deposit Agreement on
                      or before the
                      date occurring five Business Days after the date such deposit
                      is required
                      by the Interest Deposit Agreement to be made </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>__No__</u></font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td colspan="2" valign="top" width="100%">&#160;<font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">In
                    the case of any event described in clauses (A), (B) or (G) above,
                    an Early
                    Redemption Event with respect to Series 2005-1 Notes shall be
                    deemed to
                    have occurred only if, after the applicable grace period described
                    in
                    those clauses, if any, either the Indenture Trustee or Series
                    2005-1
                    Noteholders holding Series 2005-1 Notes evidencing more than
                    50% of the
                    Series 2005-1 Outstanding Principal Amount by written notice
                    to the
                    Seller, the Servicer, the Master Trust Trustee and, if given
                    by Series
                    2005-1 Noteholders, the Indenture Trustee, declare that an Early
                    Redemption Event has occurred as of the date of that notice.
                    In the case
                    of any Early Redemption Event that is also an Early Amortization
                    Event as
                    described in the Series Supplement or any event other than </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>clauses
                    (A),</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>(B)</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">
                    or
                    </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>(G)</u></font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">
                    described above, an Early Redemption Event with respect to the
                    Series
                    2005-1 Notes shall be deemed to have occurred without any notice
                    or other
                    action on the part of the Indenture Trustee or the Series 2005-1
                    Noteholders immediately upon the occurrence of that
                    event.</font></td>
                </tr>

            </table>
          </div>
        </div>
      </div>
      <div>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
          <div id="FTR">
            <div id="GLFTR" style="WIDTH: 100%" align="left">
            </div>
          </div>
          <div id="PN" style="PAGE-BREAK-AFTER: always">
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
            </div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade size="1">
            </div>
          </div>
          <div id="HDR">
            <div id="GLHDR" style="WIDTH: 100%" align="right">
            </div>
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">&#160;</div>
        <div style="PAGE-BREAK-AFTER: always"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman"><br></font>
          <div>
            <table cellpadding="0" cellspacing="0" width="100%">

                <tr>
                  <td align="right" colspan="6" valign="top" width="67%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<strong>EXHIBIT
                      20(C)</strong></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="6" valign="top" width="67%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<strong>Navistar
                      Financial Dealer Note Master Owner
                      Trust</strong></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="6" valign="top" width="67%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;<strong>Notes
                      Series Data</strong></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="6" valign="top" width="67%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong>for
                      the </strong><strong>June 26,
                      2006</strong><strong> Distribution Date</strong></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">&#160;</td>
                  <td align="right" valign="top" width="2%">&#160;</td>
                  <td align="right" valign="top" width="32%">&#160;</td>
                  <td align="right" valign="top" width="10%">&#160;</td>
                  <td align="right" valign="top" width="10%">&#160;</td>
                  <td align="right" valign="top" width="11%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman"><strong><u>2004-1</u></strong></font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman"><strong><u>2005-1</u></strong></font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman"><strong><u>Total</u></strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Aggregate
                      amount of Collections</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">42,695,229.03
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">42,695,229.03
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">85,390,458.07
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Allocated
                      Interest Amounts for the Due Period</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1,431,526.12
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1,431,526.12
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">2,863,052.23
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Allocated
                      Principal Amounts for the Due Period</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">41,263,702.92
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">41,263,702.92
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">82,527,405.83
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Allocation
                      From / (To) Other Series</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">2.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Series
                      Fixed Allocation Percentage for the Due Period</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">100.0000%</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Series
                      Variable Allocation Percentage for the Due Period</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">50.00%</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Principal
                      Allocation Percentage</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">3.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Total
                      amount distributed (without Servicing Fee)</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1,002,101.27
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">982,474.60
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1,984,575.87
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">4.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Total
                      amount of such distribution allocable</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">to
                      the Outstanding Principal Amount</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">5.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Total
                      amount of such distribution allocable</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">to
                      interest on the Series Notes</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1,002,101.27
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">982,474.60
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">1,984,575.87
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">6.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Series
                      Allocated Dealer Note Losses</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">7.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Recoveries
                      on Dealer Note Losses</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">8.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Amount
                      of Series Allocated Dealer Note Losses / (Recoveries)</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">-
                      Noteholder portion of Dealer Note Losses / (Recoveries)</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">-
                      Seller portion of Dealer Note Losses / (Recoveries)</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">9.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Draw
                      Amount</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">10.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Investor
                      Charge Offs</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">11.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Reimbursement
                      of Investor Charge Offs</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">12.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Monthly
                      Servicing Fee</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">-
                      Series Allocation - Servicing Fee</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">182,381.87
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">182,381.87
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">364,763.74
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">-
                      Noteholder Servicing Fee</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">155,188.73
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">155,188.73
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">310,377.47
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">-
                      Seller Servicing Fee</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">27,193.14
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">27,193.14
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">54,386.27
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">13.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Controlled
                      Accumulation Amount</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">14.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Nominal
                      Liquidation Amount prior to Distribution Date</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">212,000,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">212,000,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">424,000,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Nominal
                      Liquidation Amount after Distribution Date</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">212,000,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">212,000,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">424,000,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">15.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Nominal
                      Liquidation Amount</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">212,000,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">212,000,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">424,000,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Overcollateralization
                      Amount</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">19,080,000.00</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">19,080,000.00</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">38,160,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Negative
                      Carry Account Balance</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Other</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Collateral
                      Amount</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">231,080,000.00</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">231,080,000.00</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">462,160,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Required
                      Excess Seller's Interest</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">N/A</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">16.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Beginning
                      Spread Account Balance</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">2,650,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">2,650,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">5,300,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Withdrawals
                      from Spread Account (-) Interest</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">(10,779.93)</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">(10,779.93)</font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">(21,559.86)</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Deposits
                      to Spread Account (+) Interest</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">10,779.93
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">10,779.93
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">21,559.86
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Spread
                      Account Balance as of the close of</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">business
                      on the Distribution date</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">2,650,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">2,650,000.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">5,300,000.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">17.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Series
                      Principal Funding Account Balance</font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="10%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">18.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Delinquency
                      on Serviced Portfolio</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">30
                      -
                      59 Days</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.0059%</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">60
                      -
                      89 Days</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.0047%</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">90+
                      Days</font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">0.0394%</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="11%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="2%">
                    <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">19.</font></div>
                  </td>
                  <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="32%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Master
                      Owner Trust Receivables Balance </font></div>
                  </td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="right" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="left" valign="top" width="11%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">$0.00
                      </font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="left" valign="top" width="32%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Master
                      Trust Receivables Balance</font></div>
                  </td>
                  <td align="left" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="left" valign="top" width="10%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                  <td align="left" valign="top" width="11%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">$1,531,704,643.05
                      </font></div>
                  </td>
                </tr>

            </table>
          </div>
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[{"type": "8-K", "sequence": "1", "filename": "motform8-k.htm", "description": "MOT 8-K 5-31-06", "secsgml_size_bytes": 511854}]
{"company-data": {"conformed-name": "NAVISTAR FINANCIAL DEALER NOTE MASTER OWNER TRUST", "cik": "0001227898", "assigned-sic": "6189", "irs-number": "000000000", "state-of-incorporation": "DE", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-104639-01", "film-number": "06952789"}, "business-address": {"street1": "425 N. MARTINGALE ROAD", "street2": "SUITE 1800", "city": "SCHAUMBURG", "state": "IL", "zip": "60173", "phone": "630-753-4000"}, "mail-address": {"street1": "425 N. MARTINGALE ROAD", "street2": "SUITE 1800", "city": "SCHAUMBURG", "state": "IL", "zip": "60173"}}
MOT 8-K 5-31-06
UNITED
                STATES
SECURITIES
                AND EXCHANGE COMMISSION
Washington,
                D.C. 20549
FORM
                8-K
PURSUANT
                TO SECTION 13 OR 15(d) OF THE
SECURITIES
                EXCHANGE ACT OF 1934
Date
                of Report (Date of earliest event reported) June 26,
                2006
Commission
                file number 333-104639-01
NAVISTAR
                FINANCIAL DEALER NOTE MASTER OWNER TRUST
(Exact
                name of registrant as specified in its charter)
Delaware
36-3731520
(State
                or other jurisdiction of incorporation or organization)
(I.R.S.
                Employer Identification No.)
425
                N. Martingale Road,
Schaumburg,
                IL 60173
(Address
                of principal executive offices, Zip Code)
Registrant's
                telephone number, including area code (630) 753-4000
Former
                name or former address, if changed since last report:
Not
                applicable
Check
                the appropriate box below if the Form 8-K filing is intended to
                simultaneously satisfy the filing obligation of the registrant under
                any
                of the following provisions:
o
Written
                communications pursuant to Rule 425 under the Securities Act (17 CFR
                230.425)
o
Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a—12)
o
Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act
                (17 CFR 240.14d-2(b))
o
Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act
                (17 CFR 240.13e-4(c))
INFORMATION
      TO BE INCLUDED IN THE REPORT
Item
      8.01
Other
      Events and Regulation FD Disclosure
On
      June
      26, 2006 the Registrant has caused to be made available by the trustee the
      monthly Servicer and Settlement Certificates for the Due Period ended May 31,
      2006, which are attached as Exhibit 20 hereto.
Item
      9.01
Financial
      Statements, Proforma Financial Information and Exhibit
(c)
Exhibits:
                See attached Exhibit Index.
SIGNATURE
Pursuant
      to the requirements of the Securities Exchange Act of 1934, the Registrant
      has
      duly caused this report to be signed on its behalf by the undersigned thereunto
      duly authorized.
NAVISTAR
      FINANCIAL DEALER NOTE MASTER OWNER TRUST
(Registrant)
Date:
                July 10, 2006
By:
                /s/
JOHN
                V. MULVANEY, SR.
John
                V. Mulvaney, Sr.
Vice
                President and Controller
FORM
      8-K
EXHIBIT
      INDEX
Exhibit
Number
Description
20
Monthly
                Servicer and Settlement Certificate #24, Series 2004-1 made available
                on
                June 26, 2006 and Monthly Servicer and Settlement Certificate #16,
                Series
                2005-1 made available on June 26, 2006
20(A)
5.34
                The percentages and all other information calculated pursuant to
                Section
                1.01 of the Supplement, Certificate #24
20(B)
5.34
                The percentages and all other information calculated pursuant to
                Section
                1.01 of the Supplement, Certificate #16
20(C)
Dealer
                Note Master Owner Trust Series for the June 26, 2006 Distribution
                Date
EXHIBIT
        20
MONTHLY
                SERVICER AND SETTLEMENT CERTIFICATE # 24
DEALER
                NOTE MASTER TRUST
DEALER
                NOTE
ASSET
                BACKED CERTIFICATES,
SERIES
                2004-1
Under
                    the Series 2004-1 Supplement dated as of June 10, 2004 (the "Supplement")
                    by and among Navistar Financial Corporation,
("NFC"),
                    Navistar Financial Securities Corporation ("NFSC") and The Bank
                    of New
                    York, as trustee (the "Master Trust Trustee") to
the
                    Pooling and Servicing Agreement dated as of June 8, 1995 (as
                    amended and
                    supplemented, the "Agreement") by and among
NFC,
                    NFSC, and the Master Trust Trustee, the Master Trust Trustee
                    is required
                    to prepare certain information each month regarding
current
                    distributions to certain accounts and payments to the Series
                    2004-1
                    Certificateholders as well as the performance of the
Master
                    Trust during the previous month. The information which is required
                    to be
                    prepared with respect to the Distribution Date
of
                    June 26, 2006,
the Transfer Date of
June
                    23, 2006
and with respect to the performance of the Master Trust during
                    the Due
Period
                    ended
on
                    May 31, 2006
and the Distribution Period ended
on
                    June 25, 2006
is
                    set forth below. Certain of the
information
                    is presented on the basis of an original principal amount of
                    $1,000 per
                    Investor Certificate. Certain other information
is
                    presented based on the aggregate amounts for the Master Trust
                    as a whole.
                    Capitalized terms used but not otherwise defined herein
shall
                    have the meanings assigned to such terms in the Agreement and
                    the
                    Supplement.
1
NFC
                    is Servicer under the Agreement.
2
The
                    undersigned is a Servicing Officer.
3
Master
                    Trust Information.
3.1
The
                    amount of the Advance, if any, for the Due Period
218,457.41
3.2
The
                    amount of ITEC Finance Charges for the Due Period
6,773,445.37
3.3
The
                    average daily balance of Dealer Notes outstanding during the
                    Due
                    Period
1,488,210,414.32
3.4
The
                    total amount of Advance Reimbursements for the Due Period
0.00
3.5
The
                    aggregate principal amount of Dealer Notes repaid during the
                    Due
                    Period
445,394,860.21
3.6
The
                    aggregate principal amount of Dealer Notes purchased by the Master
                    Trust
during
                    the Due Period
528,986,304.11
3.7
The
                    amount of the Servicing Fee for the Due Period
1,276,420.53
3.8
The
                    average daily Master Trust Seller's Interest during the Due
                    Period
419,173,080.23
3.9
The
                    Master Trust Seller's Interest as of the Distribution Date (after
                    giving
                    effect to the
transactions
                    set forth in Article IV of the Supplement)
198,880,000.00
3.10
The
                    aggregate amount of Collections for the Due Period
457,169,099.78
3.11
The
                    aggregate amount of Finance Charge Collections for the Due
                    Period
11,774,239.57
3.12
The
                    aggregate amount of Principal Collections for the Due
                    Period
445,394,860.21
3.13
The
                    amount of Dealer Note Losses/(Recoveries) for the Due
                    Period
0.00
3.14
The
                    aggregate amount of Dealer Notes as of the last day of the Due
                    Period
1,531,704,643.05
3.15
The
                    aggregate amount of funds on deposit in the Excess Funding
                    Account
as
                    of the end of the last day of the Due Period (after giving effect
                    to
                    the
transactions
                    set forth in Article IV of the Supplement and Article IV
of
                    the Agreement)
0.00
3.16
Eligible
                    Investments in the Excess Funding Account:
a.
                    The aggregate amount of funds invested in Eligible Investments
                    as of the
0.00
end of the Due Period
b.
                    Description of each Eligible Investment:
JP
                    Morgan Prime Money Market Fund
c.
                    The rate of interest applicable to each such Eligible
                    Investment
4.78%
d.
                    The rating of each such Eligible Investment
AAAm/Aaa
3.17
The
                    aggregate amount of Dealer Notes issued to finance OEM
                    Vehicles,
as
                    of the end of the Due Period
19,788,073.79
3.18
The
                    Dealers with the five largest aggregate outstanding
principal
                    amounts of Dealer Notes in the Master Trust as of
the
                    end of the Due Period:
i) 
                    Chicago International
ii)
                    White's Tractor & Truck
iii)
                    Nalley Motor Trucks
iv)
                    Longhorn Bus Sales
v)
                    Midwest Transit
3.19
Aggregate
                    amount of delinquent principal payments (past due greater than
                    30
                    days)
as
                    a percentage of the total principal amount outstanding, as of
                    the end of
                    the Due Period
0.05%
3.20
The
                    aggregate amount of Dealer Notes issued to finance used
                    vehicles,
as
                    of the end of the Due Period
75,018,233.88
3.21
The
                    aggregate amount of funds on deposit in the Servicer Transition
                    Fee
                    Account as of
the
                    end of the last day of the Due Period (after giving effect to
                    the
                    transactions set forth
in
                    Article IV of the Supplement)
100,406.81
3.22
Eligible
                    Investments in the Servicer Transition Fee Account:
a.
                    The aggregate amount of funds invested in Eligible
                    Investments
100,000.00
b.
                    Description of each Eligible Investment:
JP
                    Morgan Prime Money Market Fund
c.
                    The rate of interest applicable to each such Eligible
                    Investment
4.78%
d.
                    The rating of each such Eligible Investment
AAAm/Aaa
3.23
The
                    aggregate amount of funds on deposit in the Servicer Transition
                    Fee
                    Account as of
the
                    Distribution Date (after giving effect to the transactions set
                    forth in
                    Article IV
of
                    the Supplement and to the payments made on the Distribution
                    Date)
100,000.00
4.0
Series
                    2004-1 Information.
4.1
The
                    Invested Amount as of the Distribution
Date
                    (after giving effect to the transactions set forth
in
                    Article IV of the Supplement and to the
payments
                    made on the Distribution Date)
424,000,000.00
4.2
The
                    Adjusted Invested Amount as of the Distribution
Date
                    (after giving effect to the transactions set forth
in
                    Article IV of the Supplement and to the
payments
                    made on the Distribution Date)
462,160,000.00
4.3
The
                    amount of Seller's Invested Amount
for
                    the Due Period
$307,704,643.05
4.4
The
                    amount of Series Allocable Dealer Notes Losses /
                    (Recoveries)
for
                    the Due Period
0.00
4.5
The
                    amount of Series Allocable Finance Charge
Collections
                    for the Due Period
3,364,734.09
4.6
The
                    amount of Series Allocable Principal Collections
for
                    the Due Period
96,989,147.17
4.7
The
                    amount of Noteholder Allocated Dealer Note Losses / (Recoveries)
                    for
the
                    Due Period
0.00
4.8
The
                    amount of Noteholder Available Interest Amounts
for
                    the Due Period
2,863,052.23
4.9
The
                    amount of Noteholder Available Principal Amounts for
the
                    Due Period
82,527,405.83
4.10
The
                    aggregate amount of the Principal
Shortfall,
                    if any, for the Due Period
0.00
4.11
The
                    aggregate amount of Seller Interest Amounts
for
                    the Due Period
501,681.85
4.12
The
                    aggregate amount of Seller's Principal Amounts
for
                    the Due Period
14,461,081.84
4.13
The
                    Reassignment Amount as of the Transfer Date
424,000,000.00
4.14
The
                    Minimum Series Seller's
Invested
                    Amount as of the Distribution Date (after giving
effect
                    to the transactions set forth in Article IV
of
                    the Supplement)
50,880,000.00
4.15
The
                    Minimum Seller's
Invested
                    Amount as of the Distribution Date (after giving
effect
                    to the transactions set forth in Article IV
of
                    the Supplement)
0.00
4.16
The
                    Minimum Series Seller's
Interest
                    as of the Distribution Date (after giving
effect
                    to the transactions set forth in Article IV
of
                    the Supplement)
50,880,000.00
4.17
The
                    Series Allocation Percentage with respect to Series 2004-1
                    for
the
                    Due Period
28.58%
4.18
The
                    Noteholder Floating Allocation Percentage for the
Due
                    Period
85.09%
4.19
The
                    Noteholder Principal Allocation Percentage, if applicable,
for
                    the Due Period
85.09%
4.20
The
                    total amount to be distributed on the Series
2004-1
                    Certificates on the Distribution Date
2,294,953.34
4.21
The
                    total amount, if any, to be distributed on the Series
2004-1
                    Certificates on the Distribution Date
allocable
                    to the Invested Amount
0.00
4.22
The
                    total amount, if any, to be distributed on
the
                    Series 2004-1 Certificates on the Distribution
Date
                    allocable to interest on the Series 2004-1
Certificates
1,984,575.87
4.23
The
                    amount of the Investor Servicing Fee to be
paid
                    on such Distribution Date
310,377.47
4.24
The
                    amount of Investment Income with respect to the Series 2004-1
                    Certificate
for
                    the Due Period
17,291.04
4.25
The
                    amount of Excess Interest Collections for the Due Period
585,389.94
4.26
The
                    amount of Excess Interest Collections for the
Due
                    Period allocated to other Series
0.00
4.27
The
                    amount of Noteholder Available Principal Amounts treated
as
                    Shared Principal Collections and allocated to other Series for
                    the Due
                    Period
22,425,130.35
4.28
The
                    amount of all Shared Principal Collections allocated to Series
                    2004-1
for
                    the Due Period
NOTE
                    STATEMENT
MONTHLY
                    SERVICER AND SETTLEMENT CERTIFICATE # 24
NAVISTAR
                    FINANCIAL DEALER NOTE MASTER OWNER TRUST
SERIES
                    2004-1 NOTES
Under
                    the Series 2004-1 Indenture Supplement dated as of June 10, 2004
                    (the
                    "Indenture Supplement") by and
among
                    the Navistar Financial Dealer Note Master Owner Trust (the "Master
                    Owner
                    Trust") and The Bank of New
York,
                    as trustee (the "Indenture Trustee"), the Indenture Trustee is
                    required to
                    prepare certain information each
month
                    regarding current distributions to certain accounts and payments
                    on the
                    Series 2004-1 Notes as well as the
performance
                    of the Master Owner Trust during the previous month. The information
                    which
                    is required to be
prepared
                    with respect to the Payment Date
of
                    June 26, 2006
,
                    the Transfer Date
of
                    June 23, 2006
and
                    with respect to the performance of the Master Owner Trust during
                    the Due
                    Period ended on
May
                    31, 2006
and the Distribution Period ended
on
                    June 25, 2006
is
                    set forth below.
Certain
                    of the information is presented on the basis of an original principal
                    amount of $1,000 per Note.
Certain
                    other information is presented based on the aggregate amounts
                    for the
                    Master Owner Trust as a whole.
Capitalized
                    terms used but not otherwise defined herein shall have the meanings
                    assigned to such terms in the
Indenture
                    Supplement.
5
Series
                    2004-1 Notes Information
5.1
Series
                    2004-1 Nominal Liquidation Amount as of the Transfer Date
                    (after
giving
                    effect to the transactions set forth in Article III of the Series
                    2004-1
Indenture
                    Supplement and to payments made on the Payment Date).
212,000,000.00
Cumulative
                    Reductions (Net of Reinstatements) of the Series 2004-1
                    Nominal
Liquidation
                    Amount, if any, as of the Transfer Date
0.00
5.2
Series
                    2004-1 Collateral Amount as of the Transfer Date (after giving
                    effect to
the
                    transactions set forth in Article III of the Series 2004-1 Indenture
                    Supplement and
to
                    payments made on the Payment Date).
231,080,000.00
5.3
Series
                    2004-1 Overcollateralization Amount as of the Transfer Date (after
                    giving
                    effect
to
                    the transactions set forth in Article III of the Series 2004-1
                    Indenture
                    Supplement
and
                    to payments made on the Payment Date).
19,080,000.00
Series
                    2004-1 Target Overcollateralization Amount, if any, as of the
                    Transfer
                    Date
19,080,000.00
Cumulative
                    Reductions (Net of Reinstatements) of the Series 2004-1
Overcollateralization
                    Amount Deficiency, if any, as of the Transfer Date
0.00
5.4
Series
                    2004-1 Allocated Dealer Note Losses / (Recoveries) for the Due
                    Period
0.00
5.5
Series
                    2004-1 Allocated Interest Amounts for the Due Period
1,431,526.12
5.6
Series
                    2004-1 Allocated Principal Amounts for the Due Period
41,263,702.92
5.7
Series
                    2004-1 Noteholders Allocated Dealer Note Losses / (Recoveries)
                    for the Due
                    Period
0.00
5.8
Series
                    2004-1 Available Interest Amounts with respect to the Due
                    Period
1,445,561.60
5.9
Series
                    2004-1 Available Principal Amounts with respect to the Due
                    Period
41,263,702.92
5.10
Shortfall
                    in Series Available Principal Amounts, if any, for the Due
                    Period
0.00
5.11
Sellers
                    Invested Amount for the Series 2004-1 Notes for the Due
                    Period
25,440,000.00
5.12
Shortfall
                    in Series Available Interest Amounts, if any, for the Due
                    Period
0.00
5.13
Unreimbursed
                    reductions to the Series 2004-1 Collateral Amount, if any,
for
                    the Due Period
0.00
5.14
Nominal
                    Liquidation Amount plus Accrued and Unpaid Interest as of the
Transfer
                    Date
212,000,000.00
5.15
Series
                    2004-1 Required Seller's Invested Amount as of the Payment
                    Date
25,440,000.00
5.16
Series
                    2004-1 Controlled Accumulation Amount, if any, for the Due
                    Period
0.00
5.17
Series
                    2004-1 Controlled Deposit Amount, if any, for the Due
                    Period
0.00
5.18
Series
                    Variable Allocation Percentage for the Due Period
50.00%
5.19
Series
                    Fixed Allocation Percentage for the Due Period
50.00%
5.20
Total
                    amount to be distributed on the Series 2004-1 Notes on the Payment
                    Date
1,184,483.14
5.21
Total
                    amount, if any, to be distributed on the Series 2004-1 Notes
                    on the
                    Payment
Date
                    allocable to the Outstanding Principal Amount
0.00
5.22
Total
                    amount to be distributed on the Series 2004-1 Notes on the Payment
                    Date
                    allocable
to
                    interest on the Series 2004-1 Notes
1,002,101.27
5.23
Series
                    2004-1 Servicing Fee to be paid on the Payment Date
182,381.87
5.24.1
Series
                    2004-1 Investment Income
3,255.56
5.24.2
Series
                    2004-1 Principal Funding Account investment income
0.00
5.24.3
Series
                    2004-1 Negative Carry Account investment income
0.00
5.24.4
Series
                    2004-1 Interest Funding Account investment income
0.00
5.24.5
Series
                    2004-1 Spread Account investment income
10,779.93
5.25
Series
                    Excess Available Interest Amounts for the Due Period
261,078.46
5.26
Excess
                    Available Interest Amounts for the Due Period allocated to
                    other
Series
                    of Notes
0.00
5.27
Excess
                    Available Interest Amounts for the Due Period allocated to
                    Series
0.00
of
                    Investor Certificates
5.28
Excess
                    Available Principal Collections allocated from other series of
                    Notes to
                    Series 2004-1
0.00
for
                    the Due Period
5.29
Amount
                    of Shared Principal Collections allocated to Series 2004-1 Collateral
                    Certificate for the Due Period
22,425,130.35
5.30
Amount
                    of Excess Available Principal Collections allocated to other
Series
                    of Notes for the Due Period
0.00
5.31
Cash
                    Collateral Percentage as of the Transfer Date
0.00%
5.32
Mismatch
                    Amount for the Series 2004-1 Notes for the Due Period
0.00
5.33
Reimbursement
                    Amount for the Series 2004-1 Notes for the Due Period
0.00
5.34
Certain
                    amounts and calculations referenced in the definition of Early
Redemption
                    Event
See
                    Exhibit 20(A)
6
Account
                    Information
6.1
Series
                    2004-1 Spread Account Balance as of the Payment Date after giving
                    effect
to
                    all withdrawals and deposits made on such Payment Date
2,650,000.00
Series
                    2004-1 Spread Account Required Amount, if any, as of the Payment
                    Date
after
                    giving effect to all withdrawals and deposits made on such Payment
                    Date
2,650,000.00
6.2
Series
                    2004-1 Principal Funding Account Balance as of the Payment Date
                    after
giving
                    effect to all withdrawals and deposits made on such Payment
                    Date
0.00
6.3
Series
                    2004-1 Negative Carry Account Balance as of the Payment Date
                    after
giving
                    effect to all withdrawals and deposits made on such Payment
                    Date
0.00
Series
                    2004-1 Required Negative Carry Account Balance, if any, as of
                    the
Payment
                    Date after giving effect to all withdrawals and deposits made
                    on
                    such
Payment
                    Date
0.00
6.4
Series
                    2004-1 Interest Funding Account Balance as of the Payment Date
                    after
giving
                    effect to all withdrawals and deposits made on such Payment
                    Date
0.00
7
Class
                    A Notes Information
7.1
Class
                    A Outstanding Principal Amount as of the Payment Date after giving
effect
                    to the transactions made on such Payment Date
200,000,000.00
7.2
Class
                    A Nominal Liquidation Amount as of the Payment Date after giving
effect
                    to the transactions made on such Payment Date
200,000,000.00
7.3
Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date
939,139.56
7.4
Total
                    amount, if any, to be distributed on the Class A Notes on the
                    Payment
                    Date
allocable
                    to the Class A Outstanding Principal Amount
0.00
7.5
Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date
allocable
                    interest on the Class A Notes
939,139.56
7.6
Class
                    A Monthly Interest for the Interest Period
939,139.56
8
Class
                    B Notes Information
8.1
Class
                    B Outstanding Principal Amount as of the Payment Date after giving
                    effect
to
                    the transactions made on such Payment Date
12,000,000.00
8.2
Class
                    B Nominal Liquidation Amount as of the Payment Date after giving
effect
                    to the transactions made on such Payment Date
12,000,000.00
8.3
Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date
62,961.71
8.4
Total
                    amount, if any, to be distributed on the Class B Notes on the
                    Payment
Date
                    allocable to the Class B Outstanding Principal Amount
0.00
8.5
Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date
allocable
                    interest on the Class B Notes
62,961.71
8.6
Class
                    B Monthly Interest for the Interest Period
62,961.71
NOTE
                    STATEMENT
MONTHLY
                    SERVICER AND SETTLEMENT CERTIFICATE # 16
NAVISTAR
                    FINANCIAL DEALER NOTE MASTER OWNER TRUST
SERIES
                    2005-1 NOTES
Under
                    the Series 2005-1 Indenture Supplement dated as of February 28,
                    2005 (the
                    "Indenture Supplement") by and
among
                    the Navistar Financial Dealer Note Master Owner Trust (the "Master
                    Owner
                    Trust") and The Bank of New
York,
                    as trustee (the "Indenture Trustee"), the Indenture Trustee is
                    required to
                    prepare certain information each
month
                    regarding current distributions to certain accounts and payments
                    on the
                    Series 2005-1 Notes as well as the
performance
                    of the Master Owner Trust during the previous month. The information
                    which
                    is required to be
prepared
                    with respect to the Payment Date
of
                    June 26, 2006
,
                    the Transfer Date
of
                    June 23, 2006
and
                    with respect to the performance of the Master Owner Trust during
                    the Due
                    Period ended on
May
                    31, 2006
and the Distribution Period ended
on
                    June 25, 2006
is
                    set forth below.
Certain
                    of the information is presented on the basis of an original principal
                    amount of $1,000 per Note.
Certain
                    other information is presented based on the aggregate amounts
                    for the
                    Master Owner Trust as a whole.
Capitalized
                    terms used but not otherwise defined herein shall have the meanings
                    assigned to such terms in the
Indenture
                    Supplement.
5
Series
                    2005-1 Notes Information
5.1
Series
                    2005-1 Nominal Liquidation Amount as of the Transfer Date
                    (after
giving
                    effect to the transactions set forth in Article III of the Series
                    2005-1
Indenture
                    Supplement and to payments made on the Payment Date).
212,000,000.00
Cumulative
                    Reductions (Net of Reinstatements) of the Series 2005-1
                    Nominal
Liquidation
                    Amount, if any, as of the Transfer Date
0.00
5.2
Series
                    2005-1 Collateral Amount as of the Transfer Date (after giving
                    effect to
the
                    transactions set forth in Article III of the Series 2005-1 Indenture
                    Supplement and
to
                    payments made on the Payment Date).
231,080,000.00
5.3
Series
                    2005-1 Overcollateralization Amount as of the Transfer Date (after
                    giving
                    effect
to
                    the transactions set forth in Article III of the Series 2005-1
                    Indenture
                    Supplement
and
                    to payments made on the Payment Date).
19,080,000.00
Series
                    2005-1 Target Overcollateralization Amount, if any, as of the
                    Transfer
                    Date
19,080,000.00
Cumulative
                    Reductions (Net of Reinstatements) of the Series 2005-1
Overcollateralization
                    Amount Deficiency, if any, as of the Transfer Date
0.00
5.4
Series
                    2005-1 Allocated Dealer Note Losses / (Recoveries) for the Due
                    Period
0.00
5.5
Series
                    2005-1 Allocated Interest Amounts for the Due Period
1,431,526.12
5.6
Series
                    2005-1 Allocated Principal Amounts for the Due Period
41,263,702.92
5.7
Series
                    2005-1 Noteholders Allocated Dealer Note Losses / (Recoveries)
                    for the Due
                    Period
0.00
5.8
Series
                    2005-1 Available Interest Amounts with respect to the Due
                    Period
1,445,561.60
5.9
Series
                    2005-1 Available Principal Amounts with respect to the Due
                    Period
41,263,702.92
5.10
Shortfall
                    in Series Available Principal Amounts, if any, for the Due
                    Period
0.00
5.11
Sellers
                    Invested Amount for the Series 2005-1 Notes for the Due
                    Period
25,440,000.00
5.12
Shortfall
                    in Series Available Interest Amounts, if any, for the Due
                    Period
0.00
5.13
Unreimbursed
                    reductions to the Series 2005-1 Collateral Amount, if any,
for
                    the Due Period
0.00
5.14
Nominal
                    Liquidation Amount plus Accrued and Unpaid Interest as of the
Transfer
                    Date
212,000,000.00
5.15
Series
                    2005-1 Required Seller's Invested Amount as of the Payment
                    Date
25,440,000.00
5.16
Series
                    2005-1 Controlled Accumulation Amount, if any, for the Due
                    Period
0.00
5.17
Series
                    2005-1 Controlled Deposit Amount, if any, for the Due
                    Period
0.00
5.18
Series
                    Variable Allocation Percentage for the Due Period
50.00%
5.19
Series
                    Fixed Allocation Percentage for the Due Period
50.00%
5.20
Total
                    amount to be distributed on the Series 2005-1 Notes on the Payment
                    Date
1,164,856.47
5.21
Total
                    amount, if any, to be distributed on the Series 2005-1 Notes
                    on the
                    Payment
Date
                    allocable to the Outstanding Principal Amount
0.00
5.22
Total
                    amount to be distributed on the Series 2005-1 Notes on the Payment
                    Date
                    allocable
to
                    interest on the Series 2005-1 Notes
982,474.60
5.23
Series
                    2005-1 Servicing Fee to be paid on the Payment Date
182,381.87
5.24.1
Series
                    2005-1 Investment Income
3,255.56
5.24.2
Series
                    2005-1 Principal Funding Account investment income
0.00
5.24.3
Series
                    2005-1 Negative Carry Account investment income
0.00
5.24.4
Series
                    2005-1 Interest Funding Account investment income
0.00
5.24.5
Series
                    2005-1 Spread Account investment income
10,779.93
5.25
Series
                    Excess Available Interest Amounts for the Due Period
280,705.13
5.26
Excess
                    Available Interest Amounts for the Due Period allocated to
                    other
Series
                    of Notes
0.00
5.27
Excess
                    Available Interest Amounts for the Due Period allocated to
                    Series
0.00
of
                    Investor Certificates
5.28
Excess
                    Available Principal Collections allocated from other series of
                    Notes
                    to
Series
                    2005-1 for the Due Period
0.00
5.29
Amount
                    of Shared Principal Collections allocated to Series 2004-1 Collateral
                    Certificate for the Due Period
22,425,130.35
5.30
Amount
                    of Excess Available Principal Collections allocated to other
Series
                    of Notes for the Due Period
0.00
5.31
Cash
                    Collateral Percentage as of the Transfer Date
0.00%
5.32
Mismatch
                    Amount for the Series 2005-1 Notes for the Due Period
0.00
5.33
Reimbursement
                    Amount for the Series 2005-1 Notes for the Due Period
0.00
5.34
Certain
                    amounts and calculations referenced in the definition of Early
Redemption
                    Event
See
                    Exhibit 20(B)
6
Account
                    Information
6.1
Series
                    2005-1 Spread Account Balance as of the Payment Date after giving
                    effect
to
                    all withdrawals and deposits made on such Payment Date
2,650,000.00
Series
                    2005-1 Spread Account Required Amount, if any, as of the Payment
                    Date
after
                    giving effect to all withdrawals and deposits made on such Payment
                    Date
2,650,000.00
6.2
Series
                    2005-1 Principal Funding Account Balance as of the Payment Date
                    after
giving
                    effect to all withdrawals and deposits made on such Payment
                    Date
0.00
6.3
Series
                    2005-1 Negative Carry Account Balance as of the Payment Date
                    after
giving
                    effect to all withdrawals and deposits made on such Payment
                    Date
0.00
Series
                    2005-1 Required Negative Carry Account Balance, if any, as of
                    the
Payment
                    Date after giving effect to all withdrawals and deposits made
                    on
                    such
Payment
                    Date
0.00
6.4
Series
                    2005-1 Interest Funding Account Balance as of the Payment Date
                    after
giving
                    effect to all withdrawals and deposits made on such Payment
                    Date
0.00
7
Class
                    A Notes Information
7.1
Class
                    A Outstanding Principal Amount as of the Payment Date after giving
effect
                    to the transactions made on such Payment Date
200,000,000.00
7.2
Class
                    A Nominal Liquidation Amount as of the Payment Date after giving
effect
                    to the transactions made on such Payment Date
200,000,000.00
7.3
Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date
923,139.56
7.4
Total
                    amount, if any, to be distributed on the Class A Notes on the
                    Payment
                    Date
allocable
                    to the Class A Outstanding Principal Amount
0.00
7.5
Total
                    amount to be distributed on the Class A Notes on the Payment
                    Date
allocable
                    interest on the Class A Notes
923,139.56
7.6
Class
                    A Monthly Interest for the Interest Period
923,139.56
8
Class
                    B Notes Information
8.1
Class
                    B Outstanding Principal Amount as of the Payment Date after giving
                    effect
to
                    the transactions made on such Payment Date
12,000,000.00
8.2
Class
                    B Nominal Liquidation Amount as of the Payment Date after giving
effect
                    to the transactions made on such Payment Date
12,000,000.00
8.3
Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date
59,335.04
8.4
Total
                    amount, if any, to be distributed on the Class B Notes on the
                    Payment
Date
                    allocable to the Class B Outstanding Principal Amount
0.00
8.5
Total
                    amount to be distributed on the Class B Notes on the Payment
                    Date
allocable
                    interest on the Class B Notes
59,335.04
8.6
Class
                    B Monthly Interest for the Interest Period
59,335.04
Exhibit
            20(A)
Series
            2004-1 Notes
5.34
The
                      percentages and all other information calculated pursuant to
                      the
                      Definitions at Early Redemption Events as specified in Section
                      1.01 of The
                      Series 2004-1 Indenture Supplement
"
Early
                      Redemption Events
"
                      means, with respect to the Series 2004-1 Notes, each of the
                      Early
                      Amortization Events specified in Section 9.01 of the Pooling
                      and Servicing
                      Agreement, as supplemented by the Series Supplement, plus each
                      of the
                      following:
(A)
failure
                      on the part of the Seller (i) to make any payment, distribution
                      or deposit
                      under the Pooling and Servicing Agreement or the Series Supplement
                      within
                      five Business Days after the Due Date or (ii) to observe or
                      perform in any
                      material respect any other material covenants or agreements
                      of the Seller,
                      which failure has a material adverse effect on the Series 2004-1
                      Noteholders and which continues unremedied for a period of
                      60 days after
                      written notice of such failure shall have been given to the
                      Seller by the
                      Indenture Trustee or to the Seller and the Indenture Trustee
                      by any Holder
                      of the Series 2004-1 Notes;
__No__
(B)
any
                      representation or warranty made by the Seller pursuant to the
                      Pooling and
                      Servicing Agreement or any information contained in the schedule
                      of Dealer
                      Notes delivered thereunder or the Series Supplement shall prove
                      to have
                      been incorrect in any material respect when made or when delivered,
                      which
                      representation, warranty or schedule, or the circumstances
                      or condition
                      that caused such representation, warranty or schedule to be
                      incorrect,
                      continues to be incorrect or uncured in any material respect
                      for a period
                      of 60 days after written notice of such incorrectness shall
                      have been
                      given to the Seller by the Indenture Trustee or to the Seller
                      and the
                      Indenture Trustee by any Holder of the Series 2004-1 Notes
                      and as a result
                      of which the interests of the Series 2004-1 Noteholders are
                      materially and
                      adversely affected, provided, however, that an Early Redemption
                      Event
                      shall not be deemed to occur if the Seller has repurchased
                      the related
                      Dealer Notes or all such Dealer Notes, if applicable, during
                      such period
                      in accordance with the provisions of the Pooling and Servicing
                      Agreement;
__No__
(C)
any
                      of the Seller, ITEC, NIC or NFC Shall file a petition commencing
                      a
                      voluntary case under any chapter of the federal bankruptcy
                      laws; or the
                      Seller or NFC shall file a petition or answer or consent seeking
                      reorganization, arrangement, adjustment or composition under
                      any other
                      similar applicable federal law, or shall consent to the filing
                      of any such
                      petition, answer or consent; or the Seller, ITEC, NIC or NFC
                      shall
                      appoint, or consent to the appointment of a custodian, receiver,
                      liquidator, trustee, assignee, sequestrator or other similar
                      official in
                      bankruptcy or insolvency of it or of any substantial part of
                      its property;
                      or the Seller, ITEC, NIC or NFC shall make an assignment for
                      the benefit
                      of creditors, or shall admit in writing its inability to pay
                      its debts
                      generally as they become due;
__No__
(D)
any
                      order for relief against any of the Seller, ITEC, NIC or NFC
                      shall have
                      been entered by a court having jurisdiction in the premises
                      under any
                      chapter of the federal bankruptcy laws, and such order shall
                      have
                      continued undischarged or unstayed for a period of 120 days;
                      or a decree
                      or order by a court having jurisdiction in the premises shall
                      have been
                      entered approving as properly filed a petition seeking reorganization,
                      arrangement, adjustment, or composition of the Seller, ITEC,
                      NIC or NFC
                      under any other similar applicable federal law, and such decree
                      or order
                      shall have continued undischarged or unstayed for a period
                      of 120 days; or
                      a decree or order of a court having jurisdiction in the premises
                      for the
                      appointment of a custodian, receiver, liquidator, trustee,
                      assignee,
                      sequestrator or other similar official in bankruptcy or insolvency
                      of the
                      Seller, ITEC, NIC or NFC of any substantial part of their property,
                      or for
                      the winding up or liquidation of their affairs, shall have
                      been entered,
                      and such decree or order shall have remained in force undischarged
                      or
                      unstayed for a period of 120 days;
__No__
(E)
the
                    Seller shall become legally unable for any reason to transfer
                    Dealer Notes
to
                    the Master Trust in accordance with the provisions of the Pooling
                    and
Servicing
                      Agreement;
__No_
(F)
on
                      any Transfer Date, after giving effect to allocations to be
                      made on that
                      Transfer Date (including payments to be made on the related
                      Payment Date),
                      the Series 2004-1 Target Overcollateralization Amount exceeds
                      the Series
                      2004-1 Overcollateralization Amount by more than the Series
                      2004-1
                      Overcollateralization Amount Shortfall Trigger; provided, however,
                      that if
                      such shortfall was caused by an Excess Cash Collateral Event,
                      the Seller
                      shall have a six month period during which an Early Redemption
                      Event shall
                      not occur if the foregoing condition is satisfied by calculating
                      the
                      Series 2004-1 Nominal Liquidation Amount after subtracting
                      the amount on
                      deposit in the Series 2004-1 Principal Funding Account in respect
                      of the
                      Series 2004-1 Notes;
__No__
(G)
any
                      Servicer Termination Event shall occur (i) which would have
                      a material
                      adverse effect on the Series 2004-1 Noteholders and (ii) for
                      which the
                      Servicer has received a notice of termination;
__No__
(H)
on
                      any Determination Date, as of the last day of the preceding
                      Due Period,
                      the aggregate principal balance amount of Dealer Notes owned
                      by the Master
                      Trust relating to used vehicles exceeds 25% of the aggregate
                      principal
                      balance of Dealer Notes held by the Master Trust on that last
                      day;
                      Aggregate Principal Dealer Note Balance which was advanced
                      against
                      Financed Vehicles which are Used Vehicles exceeds 25% of the
                      Aggregate
                      Principal Balance of all Dealer Notes?
__No__
Used
                        Financed Vehicle Ratio:
4.88%
(I)
on
                      any Determination Date, the quotient of (i) the product of
                      (a) the sum of
                      Dealer Note Collections for each of the related Due Period
                      and the two
                      immediately preceding Due Periods and (b) four, divided by
                      (ii) the daily
                      average principal amount of Dealer Notes outstanding during
                      such Due
                      Periods ("Turnover") is less than 1.7;
Turnover
                        Ratio
                        less than 1.7?
__
No
__
Turnover
                          Ratio:
3.55
(J)
the
                      Series 2004-1 Outstanding Principal Amount is not repaid by
                      the Expected
                      Principal Payment Date;
__No__
(K)
the
                      Issuer becomes an "investment company" within the meaning of the
                      Investment Company Act of 1940, as amended, and is not exempt
                      from
                      compliance with that Act;
__No__
(L)
the
                      occurrence of an Event of Default under the Indenture;
__No__
(M)
the
                      delivery by the Seller to the Master Trust Trustee of a notice
                      stating
                      that the Seller shall no longer continue to sell Dealer Notes
                      to the
                      Master Trust commencing on the date specified in such notice;
__No__
(N)
the
                      Average Coverage Differential shall be equal to or less than
                      negative two
                      percent (-2%) on each of three consecutive Determination Dates;
                      Average
                      Coverage Differential shall be equal to or less than negative
                      Two percent
                      (-2.00%) on each of three consecutive Determination Dates?
__No__
2
                        Months Past:
3.65%
1
                          Month
                          Past:
3.61%
Current
                          Month:
3.61%
(O)
on
                      any Determination Date, the quotient of (i) the sum of Dealer
                      Note Losses
                      for each of the related Due Period and the five immediately
                      preceding Due
                      Periods and (ii) the sum of Principal Collections for each
                      of the related
                      Due Period and the five immediately preceding Due Periods,
                      is greater than
                      or equal to one percent (1%);
Dealer
                        Note Loss
                        Ratio greater than or equal to one percent (1.00%)?
__No__
Dealer
                          Note Loss
                          Ratio:
0.00%
(P)
at
                      the end of any Due Period, the Seller's Invested Amount is reduced to an
                      amount less than the Minimum Seller's Invested Amount and the Seller has
                      failed to assign additional Dealer Notes to the Master Trust
                      or deposit
                      cash into the Excess Funding Account, the Series 2004-1 Principal
                      Funding
                      Account or any other principal funding account with respect
                      to any other
                      series in the amount of such deficiency within ten Business
                      Days following
                      the end of such Due Period;
provided
,
however
,
                      that if such deficiency was caused by an Excess Cash Collateral
                      Event, the
                      Seller shall have a six month period during which an Early
                      Redemption
                      Event shall not occur if the foregoing condition is satisfied
                      by
                      calculating the Series 2004-1 Nominal Liquidation Amount after
                      subtracting
                      the amount on deposit in the Series 2004-1 Principal Funding
                      Account in
                      respect of the Series 2004-1 Notes; and
__No__
(Q)
failure
                      on the part of ITEC to make a deposit in the Interest Deposit
                      Account
                      required by the terms of the Interest Deposit Agreement on
                      or before the
                      date occurring five Business Days after the date such deposit
                      is required
                      by the Interest Deposit Agreement to be made
__No__
In
                    the case of any event described in clauses (A), (B) or (G) above,
                    an Early
                    Redemption Event with respect to Series 2004-1 Notes shall be
                    deemed to
                    have occurred only if, after the applicable grace period described
                    in
                    those clauses, if any, either the Indenture Trustee or Series
                    2004-1
                    Noteholders holding Series 2004-1 Notes evidencing more than
                    50% of the
                    Series 2004-1 Outstanding Principal Amount by written notice
                    to the
                    Seller, the Servicer, the Master Trust Trustee and, if given
                    by Series
                    2004-1 Noteholders, the Indenture Trustee, declare that an Early
                    Redemption Event has occurred as of the date of that notice.
                    In the case
                    of any Early Redemption Event that is also an Early Amortization
                    Event as
                    described in the Series Supplement or any event other than
clauses
                    (A),
(B)
or
(G)
described above, an Early Redemption Event with respect to the
                    Series
                    2004-1 Notes shall be deemed to have occurred without any notice
                    or other
                    action on the part of the Indenture Trustee or the Series 2004-1
                    Noteholders immediately upon the occurrence of that
                    event.
Exhibit
            20(B)
Series
            2005-1 Notes
5.34
The
                      percentages and all other information calculated pursuant to
                      the
                      Definitions at Early Redemption Events as specified in Section
                      1.01 of The
                      Series 2005-1 Indenture Supplement.
"Early
                      Redemption Events" means, with respect to the Series 2005-1 Notes, each of
                      the Early Amortization Events specified in Section 9.01 of
                      the Pooling and
                      Servicing Agreement, as supplemented by the Series Supplement,
                      plus each
                      of the following:
(A)
failure
                    on the part of the Seller (i) to make any payment, distribution
                    or deposit
                    required under the Pooling and Servicing Agreement or the Series
                    Supplement within five Business Days after the Due Date or (ii)
                    to observe
                    or perform in any material respect any other material covenants
                    or
                    agreements of the Seller, which failure has a material adverse
                    effect on
                    the Series 2005-1 Noteholders and which continues unremedied
                    for a period
                    of 60 days after written notice of such failure shall have been
                    given to
                    the Seller by the Indenture Trustee or to the Seller and the
                    Indenture
                    Trustee by any Holder of the Series 2005-1 Notes;
__No__
(B)
any
                    representation or warranty made by the Seller pursuant to the
                    Pooling and
                    Servicing Agreement or any information contained in the schedule
                    of Dealer
                    Notes delivered thereunder or the Series Supplement shall prove
                    to have
                    been incorrect in any material respect when made or when delivered,
                    which
                    representation, warranty or schedule, or the circumstances or
                    condition
                    that caused such representation, warranty or schedule to be incorrect,
                    continues to be incorrect or uncured in any material respect
                    for a period
                    of 60 days after written notice of such incorrectness shall have
                    been
                    given to the Seller by the Indenture Trustee or to the Seller
                    and the
                    Indenture Trustee by any Holder of the Series 2005-1 Notes and
                    as a result
                    of which the interests of the Series 2005-1 Noteholders are materially
                    and
                    adversely affected, provided, however, that an Early Redemption
                    Event
                    shall not be deemed to occur if the Seller has repurchased the
                    related
                    Dealer Notes or all such Dealer Notes, if applicable, during
                    such period
                    in accordance with the provisions of the Pooling and Servicing
                    Agreement;
__No__
(C)
any
                    of the Seller, ITEC, NIC or NFC shall file a petition commencing
                    a
                    voluntary case under any chapter of the federal bankruptcy laws;
                    or the
                    Seller or NFC shall file a petition or answer or consent seeking
                    reorganization, arrangement, adjustment or composition under
                    any other
                    similar applicable federal law, or shall consent to the filing
                    of any such
                    petition, answer or consent; or the Seller, ITEC, NIC or NFC
                    shall
                    appoint, or consent to the appointment of a custodian, receiver,
                    liquidator, trustee, assignee, sequestrator or other similar
                    official in
                    bankruptcy or insolvency of it or of any substantial part of
                    its property;
                    or the Seller, ITEC, NIC or NFC shall make an assignment for
                    the benefit
                    of creditors, or shall admit in writing its inability to pay
                    its debts
                    generally as they become due;
__No__
(D)
any
                    order for relief against any of the Seller, ITEC, NIC or NFC
                    shall have
                    been entered by a court having jurisdiction in the premises under
                    any
                    chapter of the federal bankruptcy laws, and such order shall
                    have
                    continued undischarged or unstayed for a period of 120 days;
                    or a decree
                    or order by a court having jurisdiction in the premises shall
                    have been
                    entered approving as properly filed a petition seeking reorganization,
                    arrangement, adjustment, or composition of the Seller, ITEC,
                    NIC or NFC
                    under any other similar applicable federal law, and such decree
                    or order
                    shall have continued undischarged or unstayed for a period of
                    120 days; or
                    a decree or order of a court having jurisdiction in the premises
                    for the
                    appointment of a custodian, receiver, liquidator, trustee, assignee,
                    sequestrator or other similar official in bankruptcy or insolvency
                    of the
                    Seller, ITEC, NIC or NFC of any substantial part of their property,
                    or for
                    the winding up or liquidation of their affairs, shall have been
                    entered,
                    and such decree or order shall have remained in force undischarged
                    or
                    unstayed for a period of 120 days;
__No__
(E)
the
                      Seller shall become legally unable for any reason to transfer
                      Dealer Notes
                      to the Master Trust in accordance with the provisions of the
                      Pooling and
                      Servicing Agreement;
__No__
(F)
on
                    any Transfer Date, after giving effect to allocations to be made
                    on that
                    Transfer Date (including payments to be made on the related Payment
                    Date),
                    the Series 2005-1 Target Overcollateralization Amount exceeds
                    the Series
                    2005-1 Overcollateralization Amount by more than the Series 2005-1
                    Overcollateralization Amount Shortfall Trigger; provided, however,
                    that if
                    such shortfall was caused by an Excess Cash Collateral Event,
                    the Seller
                    shall have a six month period during which an Early Redemption
                    Event shall
                    not occur if the foregoing condition is satisfied by calculating
                    the
                    Series 2005-1 Nominal Liquidation Amount after subtracting the
                    amount on
                    deposit in the Series 2005-1 Principal Funding Account in respect
                    of the
                    Series 2005-1 Notes;
__No__
(G)
any
                      Servicer Termination Event shall occur (i) which would have
                      a material
                      adverse effect on the Series 2005-1 Noteholders and (ii) for
                      which the
                      Servicer has received a notice of termination;
__No__
(H)
on
                      any Determination Date, as of the last day of the preceding
                      Due Period,
                      the aggregate principal balance amount of Dealer Notes owned
                      by the Master
                      Trust relating to used vehicles exceeds 25% of the aggregate
                      principal
                      balance of Dealer Notes held by the Master Trust on that last
                      day;
                      Aggregate Principal Dealer Note Balance which was advanced
                      against
                      Financed Vehicles which are Used Vehicles exceeds 25% of the
                      aggregate
                      Principal Balance of all Dealer Notes?
__No__
Used
                        Financed Vehicle Ratio:
4.88%
(I)
on
                      any Determination Date, the quotient of (i) the product of
                      (a) the sum of
                      Dealer Note Collections for each of the related Due Period
                      and the two
                      immediately preceding Due Periods and (b) four, divided by
                      (ii) the daily
                      average principal amount of Dealer Notes outstanding during
                      such Due
                      Periods ("Turnover") is less than 1.7;
Turnover
                        Ratio
                        less than 1.7?
__No__
Turnover
                          Ratio:
3.55
(J)
the
                      Series 2005-1 Outstanding Principal Amount is not repaid by
                      the Expected
                      Principal Payment Date;
__No__
(K)
the
                      Issuer becomes an "investment company" within the meaning of the
                      Investment Company Act of 1940, as amended, and is not exempt
                      from
                      compliance with that Act;
__No__
(L)
the
                      occurrence of an Event of Default under the Indenture;
__No__
(M)
the
                      delivery by the Seller to the Master Trust Trustee of a notice
                      stating
                      that the Seller shall no longer continue to sell Dealer Notes
                      to the
                      Master Trust commencing on the date specified in such notice;
__No__
(N)
the
                      Average Coverage Differential shall be equal to or less than
                      negative two
                      percent (-2%) on each of three consecutive Determination Dates;
                      Average
                      Coverage Differential shall be equal to or less than negative
                      Two percent
                      (-2.00%) on each of three consecutive Determination
Dates?
__No__
2
                      Months Past:
3.65%
1
                      Month
                      Past:
3.61%
Current
                      Month:
3.61%
(O)
on
                      any Determination Date, the quotient of (i) the sum of Dealer
                      Note Losses
                      for each of the related Due Period and the five immediately
                      preceding Due
                      Periods and (ii) the sum of Principal Collections for each
                      of the related
                      Due Period and the five immediately preceding Due Periods,
                      is greater than
                      or equal to one percent (1%);
Dealer
                      Note Loss Ratio greater than or equal to one percent (1.00%)?
__No_
Dealer
                      Note Loss Ratio:
0.00%
(P)
at
                      the end of any Due Period, the Seller's Invested Amount is reduced to an
                      amount less than the Minimum Seller's Invested Amount and the Seller has
                      failed to assign additional Dealer Notes to the Master Trust
                      or deposit
                      cash into the Excess Funding Account, the Series 2005-1 Principal
                      Funding
                      Account or any other principal funding account with respect
                      to any other
                      series in the amount of such deficiency within ten Business
                      Days following
                      the end of such Due Period;
provided
,
however
,
                      that if such deficiency was caused by an Excess Cash Collateral
                      Event, the
                      Seller shall have a six month period during which an Early
                      Redemption
                      Event shall not occur if the foregoing condition is satisfied
                      by
                      calculating the Series 2005-1 Nominal Liquidation Amount after
                      subtracting
                      the amount on deposit in the Series 2005-1 Principal Funding
                      Account in
                      respect of the Series 2005-1 Notes; and
__No__
(Q)
failure
                      on the part of ITEC to make a deposit in the Interest Deposit
                      Account
                      required by the terms of the Interest Deposit Agreement on
                      or before the
                      date occurring five Business Days after the date such deposit
                      is required
                      by the Interest Deposit Agreement to be made
__No__
In
                    the case of any event described in clauses (A), (B) or (G) above,
                    an Early
                    Redemption Event with respect to Series 2005-1 Notes shall be
                    deemed to
                    have occurred only if, after the applicable grace period described
                    in
                    those clauses, if any, either the Indenture Trustee or Series
                    2005-1
                    Noteholders holding Series 2005-1 Notes evidencing more than
                    50% of the
                    Series 2005-1 Outstanding Principal Amount by written notice
                    to the
                    Seller, the Servicer, the Master Trust Trustee and, if given
                    by Series
                    2005-1 Noteholders, the Indenture Trustee, declare that an Early
                    Redemption Event has occurred as of the date of that notice.
                    In the case
                    of any Early Redemption Event that is also an Early Amortization
                    Event as
                    described in the Series Supplement or any event other than
clauses
                    (A),
(B)
or
(G)
described above, an Early Redemption Event with respect to the
                    Series
                    2005-1 Notes shall be deemed to have occurred without any notice
                    or other
                    action on the part of the Indenture Trustee or the Series 2005-1
                    Noteholders immediately upon the occurrence of that
                    event.
EXHIBIT
                      20(C)
Navistar
                      Financial Dealer Note Master Owner
                      Trust
Notes
                      Series Data
for
                      the
June 26,
                      2006
Distribution Date
2004-1
2005-1
Total
1.
Aggregate
                      amount of Collections
42,695,229.03
42,695,229.03
85,390,458.07
Allocated
                      Interest Amounts for the Due Period
1,431,526.12
1,431,526.12
2,863,052.23
Allocated
                      Principal Amounts for the Due Period
41,263,702.92
41,263,702.92
82,527,405.83
Allocation
                      From / (To) Other Series
0.00
0.00
0.00
2.
Series
                      Fixed Allocation Percentage for the Due Period
50.00%
50.00%
100.0000%
Series
                      Variable Allocation Percentage for the Due Period
50.00%
50.00%
N/A
Principal
                      Allocation Percentage
N/A
N/A
N/A
3.
Total
                      amount distributed (without Servicing Fee)
1,002,101.27
982,474.60
1,984,575.87
4.
Total
                      amount of such distribution allocable
to
                      the Outstanding Principal Amount
0.00
0.00
0.00
5.
Total
                      amount of such distribution allocable
to
                      interest on the Series Notes
1,002,101.27
982,474.60
1,984,575.87
6.
Series
                      Allocated Dealer Note Losses
0.00
0.00
0.00
7.
Recoveries
                      on Dealer Note Losses
0.00
0.00
0.00
8.
Amount
                      of Series Allocated Dealer Note Losses / (Recoveries)
0.00
0.00
0.00
-
                      Noteholder portion of Dealer Note Losses / (Recoveries)
0.00
0.00
0.00
-
                      Seller portion of Dealer Note Losses / (Recoveries)
0.00
0.00
0.00
9.
Draw
                      Amount
N/A
N/A
N/A
10.
Investor
                      Charge Offs
N/A
N/A
N/A
11.
Reimbursement
                      of Investor Charge Offs
N/A
N/A
N/A
12.
Monthly
                      Servicing Fee
-
                      Series Allocation - Servicing Fee
182,381.87
182,381.87
364,763.74
-
                      Noteholder Servicing Fee
155,188.73
155,188.73
310,377.47
-
                      Seller Servicing Fee
27,193.14
27,193.14
54,386.27
13.
Controlled
                      Accumulation Amount
0.00
0.00
0.00
14.
Nominal
                      Liquidation Amount prior to Distribution Date
212,000,000.00
212,000,000.00
424,000,000.00
Nominal
                      Liquidation Amount after Distribution Date
212,000,000.00
212,000,000.00
424,000,000.00
15.
Nominal
                      Liquidation Amount
212,000,000.00
212,000,000.00
424,000,000.00
Overcollateralization
                      Amount
19,080,000.00
19,080,000.00
38,160,000.00
Negative
                      Carry Account Balance
0.00
0.00
0.00
Other
0.00
0.00
0.00
Collateral
                      Amount
231,080,000.00
231,080,000.00
462,160,000.00
Required
                      Excess Seller's Interest
N/A
N/A
N/A
16.
Beginning
                      Spread Account Balance
2,650,000.00
2,650,000.00
5,300,000.00
Withdrawals
                      from Spread Account (-) Interest
(10,779.93)
(10,779.93)
(21,559.86)
Deposits
                      to Spread Account (+) Interest
10,779.93
10,779.93
21,559.86
Spread
                      Account Balance as of the close of
business
                      on the Distribution date
2,650,000.00
2,650,000.00
5,300,000.00
17.
Series
                      Principal Funding Account Balance
0.00
0.00
0.00
18.
Delinquency
                      on Serviced Portfolio
30
                      -
                      59 Days
0.0059%
60
                      -
                      89 Days
0.0047%
90+
                      Days
0.0394%
19.
Master
                      Owner Trust Receivables Balance
$0.00
Master
                      Trust Receivables Balance
$1,531,704,643.05