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      MT 8-K 06/30/2006
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                STATES </strong></font></div>
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                AND EXCHANGE COMMISSION</strong></font></div>
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                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) July 25,
                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 033-36767-03</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 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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              <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>
            <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
      July
      25, 2006 the Registrant has caused to be made available by the trustee the
      monthly Servicer and Settlement Certificates for the Due Period ended June
      30,
      2006, which are attached as Exhibit 20 hereto.</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"><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 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 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="right"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">By:
                /s/</font></div>
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            <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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    </div>
    <div><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: 14pt; FONT-FAMILY: Times New Roman"><strong>FORM
      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">20.1</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 #97, Series 1998-1 made available
                on
                July 25, 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">20.1
                (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">4.43
                The percentages and all other information calculated pursuant to
                Section
                6.01 of the Supplement, Certificate #97</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">20.2</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">
                <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 #25, Series 2004-1 made available
                  on
                  July 25, 2006 and Monthly Servicer and Settlement Certificate #17,
                  Series
                  2005-1 made available on July 25, 2006</font></div>
              </div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="13%">&#160;</td>
            <td align="left" 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">20.2
                (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 #25</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">20.2
                (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 #17</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">20.3</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 Trust Series for the July 25, 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>
    <div><br></div>
    <div>
      <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: right">
          </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>
    <div><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
      20.1</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td valign="bottom" width="82%">
                <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">MONTHLY
                  SERVICER AND SETTLEMENT CERTIFICATE # 97</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="82%">
                <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">DEALER
                  NOTE MASTER TRUST</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="82%">
                <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">CLASS
                  A, DEALER NOTE</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="82%">
                <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">ASSET
                  BACKED CERTIFICATES,</font></div>
              </td>
            </tr>
            <tr>
              <td valign="bottom" width="82%">
                <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">SERIES
                  1998-1</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="12%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under
                  the Series 1998-1 Supplement dated as of July 17, 1998 (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, the Master Trust Trustee and The Chase Manhattan Bank, as
                  1990 Trust
                  Trustee, the Master Trust Trustee is <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">required
                  to prepare certain information each month regarding current distributions
                  to certain accounts and payments to Series <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1998-1
                  Certificateholders as well as the performance of the Master Trust
                  during
                  the previous month. The information which is <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">required
                  to be prepared with respect to the Distribution Date of July 25,
                  2006, the
                  Transfer Date of July 24, 2006 and with <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">respect
                  to the performance of the Master Trust during the Due Period ended
                  on June
                  30, 2006 and the Distribution Period ended <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">July
                  24, 2006 is set forth below. Certain of the information is presented
                  on
                  the basis of an original principal amount of $1,000 per <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Investor
                  Certificate. Certain other information is presented based on the
                  aggregate
                  amounts for the Master Trust as a whole.&#160;
                  C</font></font></font></font></font></font></font></font></font></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">apitalized
                  terms used but not otherwise defined herein shall have the meanings
                  assigned to such terms in the Agreement and the <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Supplement.</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="57%">
                <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="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">469,424.63
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.2</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 ITEC Finance Charges for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6,482,126.80
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.3</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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
                  average daily balance of Dealer Notes outstanding during the Due
                  Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,507,204,877.41
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.4</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 of Advance Reimbursements for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.5</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 principal amount of Dealer Notes repaid during the Due
                  Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">469,372,925.91
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.6</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 principal amount of Dealer Notes purchased by the Master
                  Trust</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">424,601,677.30
                  </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="57%">
                <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">during
                  the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.7</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Servicing Fee for the Due Period</font></div>
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              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,239,111.17
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.8</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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
                  average daily Master Trust Seller's Interest during the Due
                  Period</font></div>
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              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">283,204,877.41
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.9</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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
                  Master Trust Seller's Interest as of the Distribution Date (after
                  giving
                  effect to the transactions set forth in Article IV of the
                  Supplement)</font></div>
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              <td align="right" valign="bottom" width="22%">
                <div 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="right" valign="top" width="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.10</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Collections for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">481,128,242.15
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.11</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Finance Charge Collections for the Due
                  Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">11,755,316.24
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Principal Collections for the Due
                  Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">469,372,925.91
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.13</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Dealer Note Losses/(Recoveries) for the Due
                  Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.14</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 as of the last day of the Due
                  Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,486,933,394.44
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.15</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Excess Funding
                  Account</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">as
                  of the end of the last day of the Due Period (after giving effect
                  to
                  the</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">transactions
                  set forth in Article IV of the Supplement and Article IV</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">of
                  the Agreement)</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.16</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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">Eligible
                  Investments in the Excess Funding Account:</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">a.
                  The aggregate amount of funds invested in Eligible Investments
                  as of the
                  </font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">
                <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">end
                  of the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">b.
                  Description of each Eligible Investment:</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">JP
                  Morgan Prime Money Market Fund</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">c.
                  The rate of interest applicable to each such Eligible
                  Investment</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.89%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">20,423,980.39
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i)&#160;&#160;
                  Chicago International</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii)&#160;
                  Lee-Smith Inc.</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iv)
                  Southland Intl.</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">v)&#160;
                  Whites Tractor &amp; Truck</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.19</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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">Aggregate
                  amount of delinquent principal payments (past due greater than
                  30
                  days)</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">as
                  a percentage of the total principal amount outstanding, as of the
                  end of
                  the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.08%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.20</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 the end of the last day of the Due Period (after
                  giving
                  effect to the transactions set forth in Article IV of the Supplement)
                  established on 7/10/03 for the benefit of the Master Trust
                  Certificateholders.</font></div>
              </td>
              <td align="right" valign="bottom" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">100,403.25</font>&#160;</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">3.21</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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">Eligible
                  Investments in the Servicer Transition Fee Account:</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">a.
                  The aggregate amount of funds invested in Eligible
                  Investments</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">100,000.00</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">b.
                  Description of each Eligible Investment:</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">JP
                  Morgan Prime Money Market Fund</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">c.
                  The rate of interest applicable to each such Eligible
                  Investment</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.89%</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="57%">&#160;</td>
              <td align="left" valign="top" width="22%">&#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="57%">
                <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="left" valign="top" width="22%">
                <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">AAAm/Aaa</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="57%">&#160;</td>
              <td align="left" valign="top" width="22%">&#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="57%">
                <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 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)</font></div>
              </td>
              <td align="left" valign="bottom" width="22%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">
                  <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>
                </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="57%">&#160;</td>
              <td align="left" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="left" valign="top" width="22%">&#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="57%">
                <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
                  1998-1 Information.</u></font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Deficiency Amount as of the Transfer Date </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(after
                  giving effect to the transactions set forth in </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">Article
                  IV of the Supplement)</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.2a</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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
                  Maximum Subordinated Amount as of the </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transfer
                  Date (after giving effect to the transactions </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">set
                  forth in Article IV of the Supplement)</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">31,000,000.00</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.2b.</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
                  Available Subordinated Amount as of the</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transfer
                  Date (after giving effect to the transactions</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">set
                  forth in Article IV of the Supplement)</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">31,000,000.00</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Projected Spread for the following Distribution Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 on deposit in the Spread Account as of </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                  Transfer Date (after giving effect to the </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 on deposit in the Liquidity </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Reserve
                  Account as of the Transfer Date (after giving </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <div 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="right" valign="top" width="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,958,993.23
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">78,219,791.35
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Principal Account Losses </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Investor Dealer Note Losses / (Recoveries) for </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Investor Finance Charge Collections </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,581,103.43
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Investor Principal Collections for </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">63,131,193.59
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Available Certificateholder's Interest </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,593,620.42
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 1998-1 Shared Principal </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Series 1998-1 Principal </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Seller's Percentage for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19.29%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Excess Seller's Percentage for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.78%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Collections </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15,088,597.75
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Available Seller's Finance Charge </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">303,839.85
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Available Seller's Principal </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">9,785,295.90
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 Excess Seller's Principal </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5,303,301.85
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Controlled Amortization Amount, if applicable, </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 1998-1 Master Trust Seller's </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">37,000,000.00
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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 1998-1 Allocation Percentage for</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16.66%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Floating Allocation Percentage for the </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">80.71%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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
                  Principal Allocation Percentage, if applicable,</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1998-1
                  Certificates on the Distribution Date</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,050,356.30
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.29</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1998-1
                  Certificates on the Distribution Date</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.30</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                  Series 1998-1 Certificates on the Distribution</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                  allocable to interest on the Series 1998-1</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">883,694.44
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.31</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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
                  Draw Amount as of the Transfer Date</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.32</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Investor Charge-Offs as of </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transfer
                  Date</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.33</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 reimbursement of Investor Charge-</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Offs
                  as of the Transfer Date</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.34</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">166,661.86
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.35</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                  Series Principal Account as of the end of the </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">last
                  day of the Due Period (after giving effect to the</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">payments
                  and adjustments made pursuant to Article</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">IV
                  of the Supplement and of the Agreement)</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.36</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Spread
                  Account as of the end of the last day of </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                  Due Period (after giving effect to payments and</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">adjustments
                  made pursuant to Article IV of the</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Supplement
                  and the Agreement)</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.37</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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">Eligible
                  Investments in the Series Principal Account:</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">a.
                  The aggregate amount of funds invested in</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Eligible
                  Investments</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">b.
                  Description of each Eligible Investment:</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NA</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">c.
                  The rate of interest applicable to each such </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Eligible
                  Investment</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_______%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NA</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.38</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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">Eligible
                  Investments in the Liquidity Reserve Account:</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">a.
                  The aggregate amount of funds invested in</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Eligible
                  Investments</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">b.
                  Description of each Eligible Investment:</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NA</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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">c.
                  The rate of interest applicable to each such </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Eligible
                  Investment</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">_______%</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NA</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.39</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">543,264.12
                  </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.40</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Investor Principal Collections from other Series
                  treated</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                  Shared Principal Collections for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.41</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Due
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              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.42</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Investor Principal Collections treated</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">as
                  Shared Principal Collections for the Due Period </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocated
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              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.43</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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
                  percentages and all other information calculated </font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">pursuant
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              </td>
              <td align="right" valign="top" width="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">See
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              </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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.44</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Remaining Available Seller's Principal</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">9,785,295.90</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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.45</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 1998-1 Shared Seller's Principal</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <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="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.46</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Shared Seller's Principal</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Collections
                  from Other Series for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.47</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 Seller's Principal Collections</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">allocated
                  to Series 1998-1 for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.48</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 all Shared Seller's Principal</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Collections
                  allocated to Other Series for the Due Period</font></div>
              </td>
              <td align="right" valign="top" width="22%">
                <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="57%">&#160;</td>
              <td align="right" valign="top" width="22%">&#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">4.49</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="57%">
                <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 all Early Distributions Amounts</font></div>
              </td>
              <td align="right" valign="top" width="22%">&#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="57%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">paid
                  or deemed paid for the Distribution Period</font></div>
              </td>
              <td align="left" valign="top" width="22%">
                <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>

        </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: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>EXHIBIT
        20.1 (A)</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><strong>Series
        1998-1</strong></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br>
        <div>
          <table cellpadding="0" cellspacing="0" width="100%">

              <tr>
                <td valign="top" width="4%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">4.43</font></div>
                </td>
                <td colspan="7" valign="top" width="74%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                    percentages and all other information calculated pursuant to
                    Section 6.01
                    of the Supplement.</font></div>
                </td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="right" colspan="2" valign="top" width="12%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>Section
                    6.01 </u></font></div>
                </td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="5%" style="border-bottom: #ffffff solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(a)</font></div>
                </td>
                <td colspan="6" valign="top" width="69%" style="border-bottom: #ffffff solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                    Invested Amount is not reduced to zero by the Expected Payment
                    Date?</font></div>
                </td>
                <td align="right" valign="top" width="7%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">NO</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="5%" style="border-bottom: #ffffff solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(f)</font></div>
                </td>
                <td colspan="6" valign="top" width="69%" style="border-bottom: #ffffff solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                    Available Subordinated Amount for such Transfer Date will be
                    reduced to an
                    amount less than the Required Subordinated Amount?</font></div>
                </td>
                <td align="right" valign="bottom" width="7%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">NO&#160;</div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="5%" style="border-bottom: #ffffff solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(i)</font></div>
                </td>
                <td colspan="6" valign="top" width="69%" style="border-bottom: #ffffff solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Average
                    Coverage Differential shall be equal to or less than negative
                    two percent
                    (-2.00%) on each of three consecutive Determination Dates?</font></div>
                </td>
                <td align="right" valign="bottom" width="7%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">NO&#160;</div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td colspan="2" valign="top" width="25%">&#160;</td>
                <td align="right" valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td colspan="2" valign="top" width="25%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;<font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">2
                    Months Past :</font></div>
                </td>
                <td align="right" valign="top" width="15%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.61%</font></div>
                </td>
                <td align="right" valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td colspan="2" valign="top" width="25%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;<font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">1
                    Month Past :</font></div>
                </td>
                <td align="right" valign="top" width="15%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.61%</font></div>
                </td>
                <td align="right" valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td colspan="2" valign="top" width="25%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;<font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Current
                    Month :</font></div>
                </td>
                <td align="right" valign="top" width="15%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.77%</font></div>
                </td>
                <td align="right" valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(j)</font></div>
                </td>
                <td colspan="6" valign="top" width="69%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">The
                    Master Trust Seller&#8217;s Interest is reduced to an amount less than the
                    Master Trust </font></div>
                </td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="5%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td colspan="6" valign="top" width="69%" style="border-bottom: #ffffff solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Minimum
                    Seller's Interest?</font></div>
                </td>
                <td align="right" valign="top" width="7%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">NO</font></div>
                </td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="7%">&#160;</td>
                <td align="left" valign="top" width="7%">&#160;</td>
                <td align="left" valign="top" width="7%">&#160;</td>
                <td align="left" valign="top" width="18%">&#160;</td>
                <td align="left" valign="top" width="15%">&#160;</td>
                <td align="left" valign="top" width="15%">&#160;</td>
                <td align="left" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="4%">&#160;</td>
                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" colspan="4" valign="top" width="39%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Master
                  Trust Seller's Interest :</font></td>
                <td valign="top" width="15%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>$
                    262,933,394.44 </u></font></div>
                </td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="4%">&#160;</td>
                <td align="right" valign="top" width="5%">&#160;</td>
                <td align="right" colspan="4" valign="top" width="39%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Master
                    Trust Minimum Seller's Interest :</font></div>
                </td>
                <td valign="top" width="15%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><u>$
                    198,880,000.00 </u></font></div>
                </td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="5%" style="border-bottom: #ffffff solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(k)</font></div>
                </td>
                <td colspan="4" valign="top" width="39%" style="border-bottom: #ffffff solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Turnover
                    Ratio less than 1.7?</font></div>
                </td>
                <td valign="top" width="15%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="15%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td align="right" valign="top" width="7%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">NO</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td colspan="3" valign="top" width="21%"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Turnover
                  Ratio :&#160; 3.60</font></td>
                <td align="right" valign="top" width="18%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="right" valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%" style="border-bottom: #ffffff solid;">&#160;</td>
                <td valign="top" width="5%" style="border-bottom: #ffffff solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">(l)</font></div>
                </td>
                <td colspan="6" valign="top" width="69%" style="border-bottom: #ffffff solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><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></div>
                </td>
                <td align="right" valign="top" width="7%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">NO</font></div>
                </td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
                <td valign="top" width="18%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="7%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="4%">&#160;</td>
                <td valign="top" width="5%">&#160;</td>
                <td colspan="3" valign="top" width="21%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Dealer
                    Note Loss Ratio :</font></div>
                </td>
                <td align="right" valign="top" width="18%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
                </td>
                <td valign="top" width="15%">&#160;</td>
                <td valign="top" width="15%">&#160;</td>
                <td align="left" valign="top" width="7%">&#160;</td>
              </tr>

          </table>
        </div>
      </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: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>EXHIBIT
        20.2</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">
        <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 # 25</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>
      </div>
    </div>
    <div>&#160;</div>
    <div><br>
      <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
                  July 25, 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">July
                  24, 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
                  June 30, 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
                  July 24, 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 align="right">
        <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="51%">
                <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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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 style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">469,424.63
                  </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="51%">&#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="51%">
                <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">6,482,126.80
                  </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="51%">&#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%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
              </td>
              <td align="left" valign="top" width="51%">
                <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">1,507,204,877.41
                  </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="right" valign="top" width="51%">&#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%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
              </td>
              <td align="left" valign="top" width="51%">
                <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="51%">&#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%">&#160;</td>
              <td align="left" valign="top" width="51%">
                <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">469,372,925.91
                  </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="51%">&#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="51%">
                <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
                  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">424,601,677.30
                  </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="left" valign="top" width="51%">&#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>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="51%">
                <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>
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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">1,239,111.17
                  </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="51%">&#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>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="51%">
                <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">283,204,877.41
                  </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="right" valign="top" width="51%">&#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>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="51%">
                <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="51%">
                <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>
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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">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="51%">&#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="51%">
                <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">481,128,242.15
                  </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="51%">&#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="51%">
                <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">11,755,316.24
                  </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="51%">&#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>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="51%">
                <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">469,372,925.91
                  </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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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">1,486,933,394.44
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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
                  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">0.00</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="51%">&#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="51%">
                <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: 9pt; 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="51%">&#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="51%">
                <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">4.89%</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="51%">&#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="51%">
                <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 style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" 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="51%">&#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="51%">
                <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="51%">
                <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 style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">20,423,980.39
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">i)&#160;&#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="51%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ii)&#160;
                  Lee-Smith Inc.</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="51%">
                <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="51%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">iv)
                  Southland Intl.</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="51%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">v)
                  Whites Tractor &amp; Truck</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="51%">&#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="51%">
                <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="51%">
                <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">0.08%</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="51%">&#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="51%">
                <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="51%">
                <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">75,476,157.04</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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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">100,403.25</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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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: 9pt; 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="51%">&#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="51%">
                <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">4.89%</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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">$262,933,394.44
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">3,919,343.34
                  </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="51%">&#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="51%">
                <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="51%">
                <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">156,493,761.00
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">3,352,214.36
                  </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="51%">&#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="51%">
                <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="51%">
                <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">133,841,987.36
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">567,128.98
                  </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="51%">&#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="51%">
                <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="51%">
                <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">22,644,647.22
                  </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="51%">&#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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">33.34%</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="51%">&#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="51%">
                <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="51%">
                <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">85.53%</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="51%">&#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="51%">
                <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="51%">
                <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">85.53%</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="51%">&#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="51%">
                <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="51%">
                <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">2,234,646.60
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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="51%">
                <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="51%">
                <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">1,881,294.45
                  </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="51%">&#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="51%">
                <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="51%">
                <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">353,352.15
                  </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="51%">&#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="51%">
                <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="51%">
                <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">16,513.61
                  </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="51%">&#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="51%">
                <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">1,134,081.37
                  </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="51%">&#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="51%">
                <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="51%">
                <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="51%">&#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="51%">
                <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="51%">
                <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">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="51%">&#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="51%">
                <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="51%">
                <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="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>

        </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 # 25</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><br>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <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">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 <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 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 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
                  July 25, 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
                  July 24, 2006 and with respect to the performance of the Master
                  Owner
                  Trust during the Due <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Period
                  ended on <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">June
                  30, 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
                  July 24, 2006</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                  is
                  set forth below.&#160; <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.&#160; <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.&#160; Capitalized terms used but not
                  otherwise defined herein shall have the meanings assigned to such
                  terms in
                  the Indenture
                  Supplement.</font></font></font></font></font></font></font></font></div>
              </td>
            </tr>

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

            <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">5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.1</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.2</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.3</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.4</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.5</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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">1,676,107.18
                  </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="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.6</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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">66,920,993.68
                  </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="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.7</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.8</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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">1,689,169.34
                  </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="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.9</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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">66,920,993.68
                  </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="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.10
                  </font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.11</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.12</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.13</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="right" valign="top" width="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.14</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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">212,000,000.00
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#160;</td>
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              <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">5.15</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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                  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">25,440,000.00
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              <td align="left" valign="top" width="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.16</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.17</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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
                  </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="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.18</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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>
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.19</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.20
                  </font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">1,156,106.77
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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="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.21</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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
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              </td>
              <td align="left" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.22</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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>
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              <td align="left" valign="top" width="11%">&#160;</td>
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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="left" valign="top" width="55%">
                <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">949,540.56
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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="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.23</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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>
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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">206,566.21
                  </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="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.1</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  2004-1 Investment Income</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">3,451.45
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.2</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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>
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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
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.3</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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>
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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
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.4</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">9,610.71
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.25</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  Excess Available Interest Amounts 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">533,062.57
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.26</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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
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              </td>
              <td align="left" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.27</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="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
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              </td>
              <td align="left" valign="top" width="11%">&#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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.28</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.29</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.30
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.31
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.32
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.33
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.34</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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 20.2(A)</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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.1</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.2</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right">&#160;</div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.3</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.4</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.1</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.2</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.3</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">890,138.89
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.4</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">890,138.89
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.6</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">890,138.89
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">8
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.1</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.2</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.3</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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">59,401.67
                  </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="55%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.4</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">8.5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">59,401.67
                  </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="55%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">8.6</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="55%">
                <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">59,401.67
                  </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>&#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 # 17</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>&#160;</div>
    <div><br>
      <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 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 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 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 performance of the Master Owner
                  Trust
                  during the previous month.&#160; The information which is required to be
                  prepared with respect to the Payment Date of July 25, 2006, the
                  Transfer
                  Date of July 24, 2006 and with respect to the performance of the
                  Master
                  Owner Trust during the Due Period ended on June 30, 2006 and the
                  Distribution Period ended on July 24, 2006 is set forth below.&#160;
                  Certain of the information is presented on the basis of an original
                  principal amount of $1,000 per Note.&#160; Certain other information is
                  presented based on the aggregate amounts of the Master Owner Trust
                  as a
                  whole.&#160; Capitalized terms used but not otherwise defined herein shall
                  have the meanings assigned to such terms in the Indenture
                  Supplement.</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="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">5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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
                  2005-1 Notes Information</u></font></div>
              </td>
              <td align="right" valign="top" width="11%">&#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="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.1</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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 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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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>
              </td>
              <td align="right" valign="top" width="11%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.2</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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>
              </td>
              <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.3</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.4</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.5</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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">1,676,107.18
                  </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="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.6</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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">66,920,993.68
                  </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="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.7</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.8</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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">1,689,170.71
                  </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="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.9</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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">66,920,993.68
                  </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="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.10
                  </font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.11</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.12</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">5.13</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.14</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">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">212,000,000.00
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.15</font></div>
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              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
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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">25,440,000.00
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              <td align="left" valign="top" width="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#160;</td>
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            <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">5.16</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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>
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.17</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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>
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.18</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.19</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.20
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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>
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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">1,138,320.10
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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="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.21</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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
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              </td>
              <td align="left" valign="top" width="11%">&#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="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                  allocable to the Outstanding Principal Amount</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>
            <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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.22</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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>
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              <td align="left" valign="top" width="11%">&#160;</td>
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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="left" valign="top" width="53%">
                <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">931,753.89
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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="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.23</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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>
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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">206,566.21
                  </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="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.1</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  2005-1 Investment Income</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">3,451.45
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.2</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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>
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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>
            <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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.3</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="53%">
                <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>
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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
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.4</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.24.5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  2005-1 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">9,612.08
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              </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.25</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  Excess Available Interest Amounts 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">550,850.61
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.26</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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
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              </td>
              <td align="left" valign="top" width="11%">&#160;</td>
            </tr>
            <tr>
              <td align="left" valign="top" width="4%">&#160;</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="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.27</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
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              </td>
              <td align="left" valign="top" width="11%">&#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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.28</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excess
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                  Notes to
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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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
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              </td>
              <td align="left" valign="top" width="11%">&#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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.29</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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">0.00
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              </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.30</font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.31
                  </font></div>
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              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.32
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.33
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">5.34</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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 20.2(B)</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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.1</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.2</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.3</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  2005-1 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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Series
                  2005-1 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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">6.4</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.1</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">effect
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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">200,000,000.00
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.2</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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
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              </td>
              <td align="left" valign="top" width="11%">&#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="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.3</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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">875,638.89
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.4</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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">875,638.89
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">7.6</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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">875,638.89
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">8
                  </font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.1</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.2</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.3</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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">56,115.00
                  </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="53%">&#160;</td>
              <td align="right" valign="top" width="11%">&#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">8.4</font></div>
              </td>
              <td align="right" valign="top" width="2%">&#160;</td>
              <td align="right" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">8.5</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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="4%">&#160;</td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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">56,115.00
                  </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="53%">&#160;</td>
              <td align="left" valign="top" width="11%">&#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">8.6</font></div>
              </td>
              <td align="left" valign="top" width="2%">&#160;</td>
              <td align="left" valign="top" width="53%">
                <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">56,115.00
                  </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>
      <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
        20.2 (A)</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><strong>Series
        2004-1 Notes</strong></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">

            <tr bgcolor="white">
              <td valign="top" width="3%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;5.34</div>
              </td>
              <td valign="top" width="97%"><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 style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                  <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">&#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 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="3%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;(A)</div>
              </td>
              <td width="97%">
                <div>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 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="3%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;(B)</div>
              </td>
              <td width="97%">
                <div>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 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="3%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;(C)</div>
              </td>
              <td width="97%">
                <div>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 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="3%">&#160;(D)</td>
              <td width="97%">
                <div>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 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="3%">&#160;(E)</td>
              <td width="97%">
                <div>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;&#160;&#160;<u>&#160;&#160;
                  No&#160;&#160;&#160;</u></div>
                <div>&#160;</div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="3%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;(F)</div>
              </td>
              <td width="97%">
                <div>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;&#160; <u>__No__</u></div>
                <div>&#160;</div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="3%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;(G)</div>
              </td>
              <td width="97%">
                <div>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 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="3%">&#160;(H)</td>
              <td width="97%">
                <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 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">5.12%</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">&#160;</div>
                </div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="3%">&#160;(I)</td>
              <td width="97%"><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 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"><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"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;</font>&#160;&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;</font>&#160;</font></font>&#160;</font>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="center">
                      <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;</font><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;</font>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">3.60</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>
                </div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="3%">&#160;(J)</td>
              <td width="97%">
                <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="3%">&#160;(K)</td>
              <td width="97%">
                <div>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 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="3%">&#160;(L)</td>
              <td width="97%">
                <div>&#160;the occurrence of an Event of Default under the Indenture;<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="3%">&#160;(M)</td>
              <td width="97%">
                <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
                  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 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="3%">&#160;(N)</td>
              <td width="97%"><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 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">&#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;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#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">3.61%</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;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#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 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;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;&#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">3.77%</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="3%">&#160;(O)</td>
              <td width="97%">
                <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">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"><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">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="3%">&#160;(P)</td>
              <td width="97%">
                <div>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 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="3%">&#160;(Q)</td>
              <td width="97%">
                <div>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 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 colspan="2" valign="top" width="100%">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 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 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">&#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>
    <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
        20.2 (B)</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><strong>Series
        2005-1 Notes</strong></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 align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">

            <tr bgcolor="white">
              <td valign="top" width="4%">&#160;5.34</td>
              <td width="96%"><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 style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><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">&#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 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="4%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">(A)</div>
              </td>
              <td width="96%">
                <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
                  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>
                <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="4%">&#160;(B)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(C)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(D)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(E)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(F)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(G)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(H)</td>
              <td width="96%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                    <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, 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>
                </div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
                  <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;</font>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">5.12%</font></div>
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                  </div>
                </div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="4%">&#160;(I)</td>
              <td width="96%">
                <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 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 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: 72pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">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: 72pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">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">3.60</font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
                </div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="4%">&#160;(J)</td>
              <td width="96%">
                <div>the Series 2005-1 Outstanding Principal Amount is not repaid
                  by the
                  Expected Principal Payment Date;<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="4%">&#160;(K)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(L)</td>
              <td width="96%">
                <div>the occurrence of an Event of Default under the Indenture;
<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="4%">&#160;(M)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(N)</td>
              <td valign="top" width="96%">
                <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 </font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Dates?</font><u><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">__No__
                  </font></u></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;2
                    Months Past:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#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;1
                    Month
                    Past: </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</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">
                    <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;Current
                      Month:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">3.77%</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="4%">&#160;(O)</td>
              <td width="96%">
                <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">
                  <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"><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;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>
                </div>
              </td>
            </tr>
            <tr bgcolor="white">
              <td valign="top" width="4%">&#160;(P)</td>
              <td width="96%">
                <div>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 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="4%">&#160;(Q)</td>
              <td width="96%">
                <div>&#160;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 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 colspan="2" valign="top" width="100%">&#160;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 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 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 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>
    <div>&#160;</div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong>EXHIBIT
      20.3<br></strong>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="right" colspan="3" valign="top" width="27%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman"><strong>Navistar
                  Financial Dealer Note Master Trust</strong></font></div>
              </td>
            </tr>
            <tr>
              <td align="left" colspan="3" valign="top" width="27%">
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                  Data</strong></font></div>
              </td>
            </tr>
            <tr>
              <td align="right" colspan="3" valign="top" width="27%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 16pt; FONT-FAMILY: Times New Roman"><strong>for
                  the </strong></font><font style="DISPLAY: inline; FONT-SIZE: 16pt; FONT-FAMILY: Times New Roman"><strong>July
                  25, 2006</strong></font><font style="DISPLAY: inline; FONT-SIZE: 14pt; FONT-FAMILY: Times New Roman"><strong>
                  Distribution Date</strong></font></div>
              </td>
            </tr>

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

            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong>Series</strong></font></div>
              </td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div>&#160;</div>
              </td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong><u>1998-1</u></strong></font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong><u>2004-1***</u></strong></font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong><u>2000-VFC-KHFC</u></strong></font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong><u>2000-VFC-Liberty</u></strong></font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong><u>Total</u></strong></font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><strong><u>Street
                  Funding</u></strong></font></div>
              </td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">1.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Aggregate
                  amount of Collections</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">80,178,784.57
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">160,413,104.34
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">80,178,784.57
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">160,357,569.15
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              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">481,128,242.63
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              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Aggregate
                  amount of Interest Collections</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,958,993.23
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">3,919,343.34
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,958,993.23
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">3,917,986.46
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">11,755,316.25
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Aggregate
                  amount of Principal Collections</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">78,219,791.35
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">156,493,761.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">78,219,791.35
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">156,439,582.69
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">469,372,926.38
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Allocation
                  From / (To) Other Series</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">2.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Series
                  Allocation Percentage</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">16.6647429%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">33.3410285%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">16.6647429%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">33.3294858%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Floating
                  Allocation Percentage</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">80.71%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">85.53%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">80.71%</font></div>
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              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">80.71%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Principal
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              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">85.53%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00%</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">3.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Total
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              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">883,694.44
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              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,881,294.45
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              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">857,084.33
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,715,486.67
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5,337,559.89
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">4.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Total
                  amount of such distribution allocable</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">to
                  the Invested Amount of Series</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">5.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Total
                  amount of such distribution allocable</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">to
                  interest on the Series Certificates</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">883,694.44
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,881,294.45
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">857,084.33
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,715,486.67
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5,337,559.89
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">6.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Gross
                  Dealer Note Losses</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">7.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Recoveries
                  on Dealer Note Losses</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">8.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Amount
                  of Series allocable Dealer Note Losses / (Recoveries)</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-
                  Investor portion of Dealer Note Losses / (Recoveries)</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-
                  Seller portion of Dealer Note Losses / (Recoveries)</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">9.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Draw
                  Amount</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">10.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Investor
                  Charge Offs</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">11.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Reimbursement
                  of Investor Charge Offs</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">12.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Monthly
                  Servicing Fee</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-
                  Series Allocation - Servicing Fee</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">206,494.69
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">413,132.41
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">206,494.69
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">412,989.38
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,239,111.17
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-
                  Investor Servicing Fee</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">166,661.86
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">353,352.15
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">166,661.86
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">333,323.73
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,019,999.61
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">-
                  Seller Servicing Fee</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">39,832.83
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">59,780.26
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">39,832.83
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">79,665.65
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">219,111.56
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">13.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Controlled
                  Amortization Amount</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">14.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Invested
                  Amount prior to Distribution Date</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">200,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">424,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">200,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">400,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,224,000,000.00</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Invested
                  Amount after Distribution Date</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">200,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">424,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">200,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">400,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,224,000,000.00</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">15.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Invested
                  Amount</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">200,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">424,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">200,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">400,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,224,000,000.00</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Available
                  Subordinated Amount / Overcollateralization Amount</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">31,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">38,160,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">31,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">62,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">162,160,000.00</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Negative
                  Carry Subordinated Amount</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">NA</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">NA</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">NA</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">NA</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Other</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Adjusted
                  Invested Amount</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">231,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">462,160,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">231,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">462,000,000.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1,386,160,000.00</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Required
                  Excess Seller's Interest **</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">6,000,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">12,720,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">6,000,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">12,000,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">36,720,000.00</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">16.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Beginning
                  Spread Account Balance</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5,300,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5,000,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">15,300,000.00
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Withdrawals
                  from Spread Account: (-) Interest</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">(9,066.73)</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">(19,222.79)</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">(9,058.72)</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">(18,117.44)</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">(63,259.54)</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Deposits
                  to Spread Account: (+) Interest</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">9,066.73
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">19,222.79
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">9,058.72
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">18,117.44
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">63,259.54
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Spread
                  Account balance as of the close of</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">business
                  on the Distribution date</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5,300,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">2,500,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">5,000,000.00
                  </font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">15,300,000.00
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">17.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Series
                  Principal Account Balance as of the end of Due Period</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.00</font></div>
              </td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; 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: 8pt; FONT-FAMILY: Times New Roman">18.</font></div>
              </td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Delinquency
                  on Serviced Portfolio</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
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            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
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                  -
                  59 Days</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.0168%</font></div>
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            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">60
                  -
                  89 Days</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
                <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">0.0055%</font></div>
              </td>
            </tr>
            <tr>
              <td align="right" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="28%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">90+
                  Days</font></div>
              </td>
              <td align="right" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="right" valign="top" width="12%">
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              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">19.</font></div>
              </td>
              <td align="left" valign="top" width="28%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Master
                  Trust Receivables Balance </font></div>
              </td>
              <td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%">
                <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">$1,486,933,394.44
                  </font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" colspan="5" valign="top" width="68%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">*
                  Series 2004-1 Collateral Certificate Principal Allocation Percentage
                  </font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
              </td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" colspan="6" valign="top" width="80%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">**
                  Series 2004-1: Part of Required Excess Seller's Invested Amount
                  </font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
              </td>
              <td align="left" valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td align="left" colspan="6" valign="top" width="80%">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">***
                  Series 2004-1 Collateral Certificate (combined data for the Series
                  2004-1
                  and 2005-1 Notes) </font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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              <td align="left" valign="top" width="12%">&#160;</td>
            </tr>

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[{"type": "8-K", "sequence": "1", "filename": "form8kmt063006.htm", "description": "MT 8-K 06/30/2006", "secsgml_size_bytes": 694613}]
{"company-data": {"conformed-name": "NAVISTAR FINANCIAL DEALER NOTE MASTER TRUST", "cik": "0001001679", "assigned-sic": "6189", "irs-number": "000000000", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-36767-03", "film-number": "06980917"}, "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"}}
MT 8-K 06/30/2006
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) July 25,
                2006
Commission
                file number 033-36767-03
NAVISTAR
                FINANCIAL DEALER NOTE MASTER 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
      July
      25, 2006 the Registrant has caused to be made available by the trustee the
      monthly Servicer and Settlement Certificates for the Due Period ended June
      30,
      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 TRUST
(Registrant)
Date:
                July 26, 2006
By:
                /s/
JOHN
                V. MULVANEY, SR.
John
                V. Mulvaney, Sr.
Vice
                President and Controller
FORM
      8-K
EXHIBIT
      INDEX
Exhibit
Number
Description
20.1
Monthly
                Servicer and Settlement Certificate #97, Series 1998-1 made available
                on
                July 25, 2006
20.1
                (A)
4.43
                The percentages and all other information calculated pursuant to
                Section
                6.01 of the Supplement, Certificate #97
20.2
Monthly
                  Servicer and Settlement Certificate #25, Series 2004-1 made available
                  on
                  July 25, 2006 and Monthly Servicer and Settlement Certificate #17,
                  Series
                  2005-1 made available on July 25, 2006
20.2
                (A)
5.34
                The percentages and all other information calculated pursuant to
                Section
                1.01 of the Supplement, Certificate #25
20.2
                (B)
5.34
                The percentages and all other information calculated pursuant to
                Section
                1.01 of the Supplement, Certificate #17
20.3
Dealer
                Note Master Trust Series for the July 25, 2006 Distribution
                Date
EXHIBIT
      20.1
MONTHLY
                  SERVICER AND SETTLEMENT CERTIFICATE # 97
DEALER
                  NOTE MASTER TRUST
CLASS
                  A, DEALER NOTE
ASSET
                  BACKED CERTIFICATES,
SERIES
                  1998-1
Under
                  the Series 1998-1 Supplement dated as of July 17, 1998 (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, the Master Trust Trustee and The Chase Manhattan Bank, as
                  1990 Trust
                  Trustee, the Master Trust Trustee is
required
                  to prepare certain information each month regarding current distributions
                  to certain accounts and payments to Series
1998-1
                  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 July 25,
                  2006, the
                  Transfer Date of July 24, 2006 and with
respect
                  to the performance of the Master Trust during the Due Period ended
                  on June
                  30, 2006 and the Distribution Period ended
July
                  24, 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. 
                  C
apitalized
                  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
469,424.63
3.2
The
                  amount of ITEC Finance Charges for the Due Period
6,482,126.80
3.3
The
                  average daily balance of Dealer Notes outstanding during the Due
                  Period
1,507,204,877.41
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
469,372,925.91
3.6
The
                  aggregate principal amount of Dealer Notes purchased by the Master
                  Trust
424,601,677.30
during
                  the Due Period
3.7
The
                  amount of the Servicing Fee for the Due Period
1,239,111.17
3.8
The
                  average daily Master Trust Seller's Interest during the Due
                  Period
283,204,877.41
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
481,128,242.15
3.11
The
                  aggregate amount of Finance Charge Collections for the Due
                  Period
11,755,316.24
3.12
The
                  aggregate amount of Principal Collections for the Due
                  Period
469,372,925.91
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
1,486,933,394.44
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
4.89%
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
20,423,980.39
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) 
                  Lee-Smith Inc.
iii)
                  Nalley Motor Trucks
iv)
                  Southland Intl.
v) 
                  Whites Tractor & Truck
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
0.08%
3.20
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)
                  established on 7/10/03 for the benefit of the Master Trust
                  Certificateholders.
100,403.25
3.21
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
4.89%
d.
                  The rating of each such Eligible Investment
AAAm/Aaa
3.22
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
                  1998-1 Information.
4.1
The
                  Deficiency Amount as of the Transfer Date
(after
                  giving effect to the transactions set forth in
Article
                  IV of the Supplement)
0.00
4.2a
The
                  Maximum Subordinated Amount as of the
Transfer
                  Date (after giving effect to the transactions
set
                  forth in Article IV of the Supplement)
31,000,000.00
4.2b.
The
                  Available Subordinated Amount as of the
Transfer
                  Date (after giving effect to the transactions
set
                  forth in Article IV of the Supplement)
31,000,000.00
4.3
The
                  Projected Spread for the following Distribution Period
2,500,000.00
4.4
The
                  amount on deposit in the Spread Account as of
the
                  Transfer Date (after giving effect to the
transactions
                  set forth in Article IV of the Supplement)
2,500,000.00
4.5
The
                  aggregate amount on deposit in the Liquidity
Reserve
                  Account as of the Transfer Date (after giving
effect
                  to the transactions set forth in Article IV
of
                  the Supplement)
0.00
4.6
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)
200,000,000.00
4.7
The
                  amount of Series Allocable Dealer Notes Losses /
                  (Recoveries)
for
                  the Due Period
0.00
4.8
The
                  amount of Series Allocable Finance Charge
Collections
                  for the Due Period
1,958,993.23
4.9
The
                  amount of Series Allocable Principal Collections
for
                  the Due Period
78,219,791.35
4.10
The
                  amount of Series Principal Account Losses
for
                  the Due Period
0.00
4.11
The
                  amount of Investor Dealer Note Losses / (Recoveries) for
the
                  Due Period
0.00
4.12
The
                  amount of Investor Finance Charge Collections
for
                  the Due Period
1,581,103.43
4.13
The
                  amount of Investor Principal Collections for
the
                  Due Period
63,131,193.59
4.14
The
                  amount of Available Certificateholder's Interest
Collections
                  for the Due Period
1,593,620.42
4.15
The
                  amount of Series 1998-1 Shared Principal
Collections
                  for the Due Period
0.00
4.16
The
                  aggregate amount of the Series 1998-1 Principal
Shortfall,
                  if any, for the Due Period
0.00
4.17
The
                  Seller's Percentage for the Due Period
19.29%
4.18
The
                  Excess Seller's Percentage for the Due Period
6.78%
4.19
The
                  aggregate amount of Seller's Principal Collections
for
                  the Due Period
15,088,597.75
4.20
The
                  amount of Available Seller's Finance Charge
Collections
                  for the Due Period
303,839.85
4.21
The
                  aggregate amount of Available Seller's Principal
Collections
                  for the Due Period
9,785,295.90
4.22
The
                  aggregate amount of Excess Seller's Principal
Collections
                  for the Due Period
5,303,301.85
4.23
The
                  Controlled Amortization Amount, if applicable,
for
                  the Due Period
0.00
4.24
The
                  Minimum Series 1998-1 Master Trust Seller's
Interest
                  as of the Distribution Date (after giving
effect
                  to the transactions set forth in Article IV
of
                  the Supplement)
37,000,000.00
4.25
The
                  Series 1998-1 Allocation Percentage for
the
                  Due Period
16.66%
4.26
The
                  Floating Allocation Percentage for the
Due
                  Period
80.71%
4.27
The
                  Principal Allocation Percentage, if applicable,
for
                  the Due Period
0.00%
4.28
The
                  total amount to be distributed on the Series
1998-1
                  Certificates on the Distribution Date
1,050,356.30
4.29
The
                  total amount, if any, to be distributed on the Series
1998-1
                  Certificates on the Distribution Date
allocable
                  to the Invested Amount
0.00
4.30
The
                  total amount, if any, to be distributed on
the
                  Series 1998-1 Certificates on the Distribution
Date
                  allocable to interest on the Series 1998-1
Certificates
883,694.44
4.31
The
                  Draw Amount as of the Transfer Date
0.00
4.32
The
                  amount of Investor Charge-Offs as of
Transfer
                  Date
0.00
4.33
The
                  amount of reimbursement of Investor Charge-
Offs
                  as of the Transfer Date
0.00
4.34
The
                  amount of the Investor Servicing Fee to be
paid
                  on such Distribution Date
166,661.86
4.35
The
                  aggregate amount of funds on deposit in
the
                  Series Principal Account as of the end of the
last
                  day of the Due Period (after giving effect to the
payments
                  and adjustments made pursuant to Article
IV
                  of the Supplement and of the Agreement)
0.00
4.36
The
                  aggregate amount of funds on deposit in the
Spread
                  Account as of the end of the last day of
the
                  Due Period (after giving effect to payments and
adjustments
                  made pursuant to Article IV of the
Supplement
                  and the Agreement)
2,500,000.00
4.37
Eligible
                  Investments in the Series Principal Account:
a.
                  The aggregate amount of funds invested in
Eligible
                  Investments
0.00
b.
                  Description of each Eligible Investment:
NA
c.
                  The rate of interest applicable to each such
Eligible
                  Investment
_______%
d.
                  The rating of each such Eligible Investment
NA
4.38
Eligible
                  Investments in the Liquidity Reserve Account:
a.
                  The aggregate amount of funds invested in
Eligible
                  Investments
0.00
b.
                  Description of each Eligible Investment:
NA
c.
                  The rate of interest applicable to each such
Eligible
                  Investment
_______%
d.
                  The rating of each such Eligible Investment
NA
4.39
The
                  amount of Excess Interest Collections for the Due Period
543,264.12
4.40
The
                  amount of Investor Principal Collections from other Series
                  treated
as
                  Shared Principal Collections for the Due Period
0.00
4.41
The
                  amount of Excess Interest Collections for the
Due
                  Period allocated to other Series
0.00
4.42
The
                  amount of Investor Principal Collections treated
as
                  Shared Principal Collections for the Due Period
allocated
                  to Other Series
0.00
4.43
The
                  percentages and all other information calculated
pursuant
                  to Section 6.01 of the Supplement
See
                  Exhibit 20.1(A)
4.44
The
                  amount of Remaining Available Seller's Principal
Collections
                  for the Due Period
9,785,295.90
4.45
The
                  amount of Series 1998-1 Shared Seller's Principal
Collections
                  for the Due Period
0.00
4.46
The
                  aggregate amount of Shared Seller's Principal
Collections
                  from Other Series for the Due Period
0.00
4.47
The
                  amount of all Shared Seller's Principal Collections
allocated
                  to Series 1998-1 for the Due Period
0.00
4.48
The
                  aggregate amount of all Shared Seller's Principal
Collections
                  allocated to Other Series for the Due Period
0.00
4.49
The
                  aggregate amount of all Early Distributions Amounts
paid
                  or deemed paid for the Distribution Period
0.00
EXHIBIT
        20.1 (A)
Series
        1998-1
4.43
The
                    percentages and all other information calculated pursuant to
                    Section 6.01
                    of the Supplement.
Section
                    6.01
(a)
The
                    Invested Amount is not reduced to zero by the Expected Payment
                    Date?
NO
(f)
The
                    Available Subordinated Amount for such Transfer Date will be
                    reduced to an
                    amount less than the Required Subordinated Amount?
NO
(i)
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 :
3.61%
1
                    Month Past :
3.61%
Current
                    Month :
3.77%
(j)
The
                    Master Trust Seller's Interest is reduced to an amount less than the
                    Master Trust
Minimum
                    Seller's Interest?
NO
Master
                  Trust Seller's Interest :
$
                    262,933,394.44
Master
                    Trust Minimum Seller's Interest :
$
                    198,880,000.00
(k)
Turnover
                    Ratio less than 1.7?
NO
Turnover
                  Ratio :  3.60
(l)
Dealer
                    Note Loss Ratio greater than or equal to one percent
                    (1.00%)?
NO
Dealer
                    Note Loss Ratio :
0.00%
EXHIBIT
        20.2
MONTHLY
                    SERVICER AND SETTLEMENT CERTIFICATE # 25
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
                  July 25, 2006,
the Transfer Date of
July
                  24, 2006
and with respect to the performance of the Master Trust during
                  the Due
Period
                  ended
on
                  June 30, 2006
and the Distribution Period ended
on
                  July 24, 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
469,424.63
3.2
The
                  amount of ITEC Finance Charges for the Due Period
6,482,126.80
3.3
The
                  average daily balance of Dealer Notes outstanding during the Due
                  Period
1,507,204,877.41
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
469,372,925.91
3.6
The
                  aggregate principal amount of Dealer Notes purchased by the Master
                  Trust
                  during the Due Period
424,601,677.30
3.7
The
                  amount of the Servicing Fee for the Due Period
1,239,111.17
3.8
The
                  average daily Master Trust Seller's Interest during the Due
                  Period
283,204,877.41
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
481,128,242.15
3.11
The
                  aggregate amount of Finance Charge Collections for the Due
                  Period
11,755,316.24
3.12
The
                  aggregate amount of Principal Collections for the Due
                  Period
469,372,925.91
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
1,486,933,394.44
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
                  end of the Due Period
0.00
b.
                  Description of each Eligible Investment:
JP
                  Morgan Prime Money Market Fund
c.
                  The rate of interest applicable to each such Eligible
                  Investment
4.89%
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
20,423,980.39
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) 
                  Lee-Smith Inc.
iii)
                  Nalley Motor Trucks
iv)
                  Southland Intl.
v)
                  Whites Tractor & Truck
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
0.08%
3.20
The
                  aggregate amount of Dealer Notes issued to finance used
                  vehicles,
as
                  of the end of the Due Period
75,476,157.04
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)
100,403.25
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
4.89%
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
$262,933,394.44
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
3,919,343.34
4.6
The
                  amount of Series Allocable Principal Collections
for
                  the Due Period
156,493,761.00
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
3,352,214.36
4.9
The
                  amount of Noteholder Available Principal Amounts for
the
                  Due Period
133,841,987.36
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
567,128.98
4.12
The
                  aggregate amount of Seller's Principal Amounts
for
                  the Due Period
22,644,647.22
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
33.34%
4.18
The
                  Noteholder Floating Allocation Percentage for the
Due
                  Period
85.53%
4.19
The
                  Noteholder Principal Allocation Percentage, if applicable,
for
                  the Due Period
85.53%
4.20
The
                  total amount to be distributed on the Series
2004-1
                  Certificates on the Distribution Date
2,234,646.60
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
1,881,294.45
4.23
The
                  amount of the Investor Servicing Fee to be
paid
                  on such Distribution Date
353,352.15
4.24
The
                  amount of Investment Income with respect to the Series 2004-1 Certificate
for
                  the Due Period
16,513.61
4.25
The
                  amount of Excess Interest Collections for the Due Period
1,134,081.37
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
0.00
4.28
The
                  amount of all Shared Principal Collections allocated to Series
                  2004-1
for
                  the Due Period
0.00
NOTE
                  STATEMENT
MONTHLY
                  SERVICER AND SETTLEMENT CERTIFICATE # 25
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
                  July 25, 2006
,
                  the Transfer Date
of
                  July 24, 2006 and with respect to the performance of the Master
                  Owner
                  Trust during the Due
Period
                  ended on
June
                  30, 2006
and the Distribution Period ended
on
                  July 24, 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
1,676,107.18
5.6
Series
                  2004-1 Allocated Principal Amounts for the Due Period
66,920,993.68
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
1,689,169.34
5.9
Series
                  2004-1 Available Principal Amounts with respect to the Due
                  Period
66,920,993.68
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
1,156,106.77
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
949,540.56
5.23
Series
                  2004-1 Servicing Fee to be paid on the Payment Date
206,566.21
5.24.1
Series
                  2004-1 Investment Income
3,451.45
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
9,610.71
5.25
Series
                  Excess Available Interest Amounts for the Due Period
533,062.57
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
0.00
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 20.2(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
890,138.89
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
890,138.89
7.6
Class
                  A Monthly Interest for the Interest Period
890,138.89
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
59,401.67
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
59,401.67
8.6
Class
                  B Monthly Interest for the Interest Period
59,401.67
NOTE
                  STATEMENT
MONTHLY
                  SERVICER AND SETTLEMENT CERTIFICATE # 17
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 July 25, 2006, the
                  Transfer
                  Date of July 24, 2006 and with respect to the performance of the
                  Master
                  Owner Trust during the Due Period ended on June 30, 2006 and the
                  Distribution Period ended on July 24, 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 of 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
1,676,107.18
5.6
Series
                  2005-1 Allocated Principal Amounts for the Due Period
66,920,993.68
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
1,689,170.71
5.9
Series
                  2005-1 Available Principal Amounts with respect to the Due
                  Period
66,920,993.68
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
1,138,320.10
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
931,753.89
5.23
Series
                  2005-1 Servicing Fee to be paid on the Payment Date
206,566.21
5.24.1
Series
                  2005-1 Investment Income
3,451.45
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
9,612.08
5.25
Series
                  Excess Available Interest Amounts for the Due Period
550,850.61
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
0.00
for
                  the Due Period
5.29
Amount
                  of Shared Principal Collections allocated to Series 2004-1 Collateral
                  Certificate for the Due Period
0.00
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 20.2(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
875,638.89
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
875,638.89
7.6
Class
                  A Monthly Interest for the Interest Period
875,638.89
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
56,115.00
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
56,115.00
8.6
Class
                  B Monthly Interest for the Interest Period
56,115.00
EXHIBIT
        20.2 (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:
5.12%
(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:
3.60
(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:
3.61%
1 Month Past:
3.61%
Current Month:
3.77%
(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
        20.2 (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:
5.12%
(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:
3.60
(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:
3.61%
1
                    Month
                    Past:
3.61%
Current
                      Month:
3.77%
(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
      20.3
Navistar
                  Financial Dealer Note Master Trust
Series
                  Data
for
                  the
July
                  25, 2006
Distribution Date
Series
1998-1
2004-1***
2000-VFC-KHFC
2000-VFC-Liberty
Total
Street
                  Funding
1.
Aggregate
                  amount of Collections
80,178,784.57
160,413,104.34
80,178,784.57
160,357,569.15
481,128,242.63
Aggregate
                  amount of Interest Collections
1,958,993.23
3,919,343.34
1,958,993.23
3,917,986.46
11,755,316.25
Aggregate
                  amount of Principal Collections
78,219,791.35
156,493,761.00
78,219,791.35
156,439,582.69
469,372,926.38
Allocation
                  From / (To) Other Series
0.00
0.00
0.00
0.00
0.00
2.
Series
                  Allocation Percentage
16.6647429%
33.3410285%
16.6647429%
33.3294858%
100.0000%
Floating
                  Allocation Percentage
80.71%
85.53%
80.71%
80.71%
N/A
Principal
                  Allocation Percentage *
0.00%
85.53%
0.00%
0.00%
N/A
3.
Total
                  amount Distributed
883,694.44
1,881,294.45
857,084.33
1,715,486.67
5,337,559.89
4.
Total
                  amount of such distribution allocable
to
                  the Invested Amount of Series
0.00
0.00
0.00
0.00
0.00
5.
Total
                  amount of such distribution allocable
to
                  interest on the Series Certificates
883,694.44
1,881,294.45
857,084.33
1,715,486.67
5,337,559.89
6.
Gross
                  Dealer Note Losses
0.00
0.00
0.00
0.00
0.00
7.
Recoveries
                  on Dealer Note Losses
0.00
0.00
0.00
0.00
0.00
8.
Amount
                  of Series allocable Dealer Note Losses / (Recoveries)
0.00
0.00
0.00
0.00
0.00
-
                  Investor portion of Dealer Note Losses / (Recoveries)
0.00
0.00
0.00
0.00
0.00
-
                  Seller portion of Dealer Note Losses / (Recoveries)
0.00
0.00
0.00
0.00
0.00
9.
Draw
                  Amount
0.00
0.00
0.00
0.00
0.00
10.
Investor
                  Charge Offs
0.00
0.00
0.00
0.00
0.00
11.
Reimbursement
                  of Investor Charge Offs
0.00
0.00
0.00
0.00
0.00
12.
Monthly
                  Servicing Fee
-
                  Series Allocation - Servicing Fee
206,494.69
413,132.41
206,494.69
412,989.38
1,239,111.17
-
                  Investor Servicing Fee
166,661.86
353,352.15
166,661.86
333,323.73
1,019,999.61
-
                  Seller Servicing Fee
39,832.83
59,780.26
39,832.83
79,665.65
219,111.56
13.
Controlled
                  Amortization Amount
0.00
0.00
0.00
0.00
0.00
14.
Invested
                  Amount prior to Distribution Date
200,000,000.00
424,000,000.00
200,000,000.00
400,000,000.00
1,224,000,000.00
Invested
                  Amount after Distribution Date
200,000,000.00
424,000,000.00
200,000,000.00
400,000,000.00
1,224,000,000.00
15.
Invested
                  Amount
200,000,000.00
424,000,000.00
200,000,000.00
400,000,000.00
1,224,000,000.00
Available
                  Subordinated Amount / Overcollateralization Amount
31,000,000.00
38,160,000.00
31,000,000.00
62,000,000.00
162,160,000.00
Negative
                  Carry Subordinated Amount
NA
NA
NA
NA
0.00
Other
0
0
0
0
0.00
Adjusted
                  Invested Amount
231,000,000.00
462,160,000.00
231,000,000.00
462,000,000.00
1,386,160,000.00
Required
                  Excess Seller's Interest **
6,000,000.00
12,720,000.00
6,000,000.00
12,000,000.00
36,720,000.00
16.
Beginning
                  Spread Account Balance
2,500,000.00
5,300,000.00
2,500,000.00
5,000,000.00
15,300,000.00
Withdrawals
                  from Spread Account: (-) Interest
(9,066.73)
(19,222.79)
(9,058.72)
(18,117.44)
(63,259.54)
Deposits
                  to Spread Account: (+) Interest
9,066.73
19,222.79
9,058.72
18,117.44
63,259.54
Spread
                  Account balance as of the close of
business
                  on the Distribution date
2,500,000.00
5,300,000.00
2,500,000.00
5,000,000.00
15,300,000.00
17.
Series
                  Principal Account Balance as of the end of Due Period
0.00
0.00
0.00
0.00
0.00
18.
Delinquency
                  on Serviced Portfolio
30
                  -
                  59 Days
0.0168%
60
                  -
                  89 Days
0.0055%
90+
                  Days
0.0577%
19.
Master
                  Trust Receivables Balance
$1,486,933,394.44
*
                  Series 2004-1 Collateral Certificate Principal Allocation Percentage
**
                  Series 2004-1: Part of Required Excess Seller's Invested Amount
***
                  Series 2004-1 Collateral Certificate (combined data for the Series
                  2004-1
                  and 2005-1 Notes)