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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
        AND EXCHANGE COMMISSION</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: 10pt; FONT-FAMILY: Times New Roman">Washington,
        D.C. 20549</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#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">FORM
        8-K</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#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">CURRENT
        REPORT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#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">Pursuant
        to Section 13 or 15(d) of the</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: 10pt; FONT-FAMILY: Times New Roman">Securities
        Exchange Act of 1934</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#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">Date
        of
        Report: October 28, 2005</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: 10pt; FONT-FAMILY: Times New Roman">(Date
        of
        earliest event reported)</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#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">FIRST
        HORIZON ASSET SECURITIES INC., (as depositor under the Pooling and Servicing
        Agreement,</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: 10pt; FONT-FAMILY: Times New Roman">dated
        as
        of October 1, 2005, providing for the issuance of the First Horizon Alternative
        Mortgage Securities Trust 2005-AA10,</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: 10pt; FONT-FAMILY: Times New Roman">Mortgage
        Pass-Through Certificates, Series 2005-AA10). </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#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">FIRST
        HORIZON ASSET SECURITIES INC.</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: 10pt; FONT-FAMILY: Times New Roman">(Exact
        name of Registrant as specified in its charter)</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

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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">Delaware</font></div>
              </td>
              <td valign="top" width="27%">
                <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">333-125158</font></div>
              </td>
              <td valign="top" width="27%">
                <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">75-2808384</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="27%">
                <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
                  of Incorporation)</font></div>
              </td>
              <td valign="top" width="27%">
                <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 No.)</font></div>
              </td>
              <td valign="top" width="27%">
                <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 </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                  No.)</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

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              <td valign="top" width="34%">
                <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">4000
                  Horizon Way</font></div>
              </td>
              <td valign="top" width="19%">&#160;</td>
              <td valign="top" width="27%">
                <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">75063</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="34%">
                <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">Irving,
                  Texas</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: 10pt; FONT-FAMILY: Times New Roman">(Address
                  of Principal executive offices)</font></div>
              </td>
              <td valign="top" width="19%">&#160;</td>
              <td valign="top" width="27%">
                <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">(Zip
                  Code)</font></div>
              </td>
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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: 10pt; FONT-FAMILY: Times New Roman">Registrant&#8217;s
        Telephone Number, Including Area Code: (214) 441-4000</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">

            <tr>
              <td align="justify" valign="bottom" width="80%">
                <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: 10pt; FONT-FAMILY: Times New Roman">Check
                  the appropriate box if the Form 8-K filing is intended to simultaneously
                  satisfy the filing obligation of the registrant under any of the
                  following
                  provisions:</font></div>
              </td>
            </tr>

        </table>
      </div>
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                  <td align="left" style="WIDTH: 27pt">&#160;</td>
                  <td align="left">&#160;</td>
                </tr>

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

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                  <td align="left" style="WIDTH: 27pt"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
                  <td align="left">
                    <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Written
                      communications pursuant to Rule 425 under the Securities Act
                      (17 CFR
                      230.425)</font></div>
                  </td>
                </tr>

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

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                  <td align="left" style="WIDTH: 27pt">&#160;</td>
                  <td align="left">&#160;</td>
                </tr>

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

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                <td align="left" style="WIDTH: 27pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-FAMILY: Wingdings">o</font></div>
                </td>
                <td align="left">
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Soliciting
                    material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                    240.14a-12)</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">
        <div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="LINE-HEIGHT: 1.25">
                  <td align="left" style="WIDTH: 27pt">&#160;</td>
                  <td align="left">&#160;</td>
                </tr>

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

                <tr valign="top" style="LINE-HEIGHT: 1.25">
                  <td align="left" style="WIDTH: 27pt">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-FAMILY: Wingdings">o</font></div>
                  </td>
                  <td align="left">
                    <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
                      communications pursuant to Rule 14d-2(b) under the Exchange
                      Act (17 CFR
                      240.14d-2(b))</font></div>
                  </td>
                </tr>

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

                <tr valign="top" style="LINE-HEIGHT: 1.25">
                  <td align="left" style="WIDTH: 27pt">&#160;</td>
                  <td align="left">&#160;</td>
                </tr>

            </table>
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">
        <div>
          <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

              <tr valign="top" style="LINE-HEIGHT: 1.25">
                <td align="left" style="WIDTH: 27pt">
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-FAMILY: Wingdings">o</font></div>
                </td>
                <td align="left">
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
                    communications pursuant to Rule 13e-4(c) under the Exchange Act
                    (17 CFR
                    240.13e-4(c))</font></div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br>&#160;</div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="3">
          </div>
        </div>
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              <tr valign="top" style="LINE-HEIGHT: 1.25">
                <td align="left" style="WIDTH: 54pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
                  8.01.</font></td>
                <td align="left">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Other
                    Events</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.</font></div>
                </td>
              </tr>

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      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Reference
        is hereby made to the Registrant&#8217;s Registration Statement on Form S-3 (File No.
        333-125158) filed with the Securities and Exchange Commission (the &#8220;Commission&#8221;)
        on July 29, 2005 (the &#8220;Registration Statement&#8221;), pursuant to which the
        Registrant registered $12,000,000,000 aggregate principal amount of its mortgage
        pass-through certificates, issuable in various series, for sale in accordance
        with the provisions of the Securities Act of 1933, as amended. Reference
        is also
        hereby made to the Prospectus and the related Prospectus Supplement
        (collectively, the &#8220;Prospectus&#8221;), which was filed with the Commission pursuant
        to Rule 424(b)(5) on October 24, 2005, with respect to the Registrant&#8217;s Mortgage
        Pass-Through Certificates, Series 2005-AA10 (the &#8220;Offered
        Securities&#8221;).</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
        to a Mortgage Loan Purchase Agreement dated as of October 28, 2005 (&#8220;MLPA I&#8221;),
        by and between First Horizon Home Loan Corporation (&#8220;FHHLC&#8221;) and First Tennessee
        Bank National Association (&#8220;FTBNA&#8221;), FHHLC sold two pools of primarily 30-year
        adjustable rate, first lien, fully amortizing, one-to-four family residential
        mortgage loans (the &#8220;Mortgage Loans&#8221;) to FTBNA. Pursuant to a Mortgage Loan
        Purchase Agreement dated as of October 28, 2005 (&#8220;MLPA II&#8221;), by and between
        FTBNA and the Registrant, FTBNA sold the Mortgage Loans to the Registrant.
        Copies of MLPA I and MLPA II are filed herewith as </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Exhibit
        10.1</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
        and
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Exhibit
        10.2</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
        respectively.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
        October 28, 2005, the Registrant caused the issuance and sale of the Offered
        Securities. The Offered Securities evidence a beneficial ownership interest
        in
        the Mortgage Loans. The Offered Securities were created pursuant to a Pooling
        and Servicing Agreement dated as of October 1, 2005 (the &#8220;Pooling and Servicing
        Agreement&#8221;) by and among the Registrant, as Depositor, FHHLC, as Master
        Servicer, and The Bank of New York, as Trustee. A copy of the Pooling and
        Servicing Agreement is filed herewith as </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Exhibit
        4.1</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
        </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        Offered Securities, having an aggregate principal balance of approximately
        $309,661,100 have been sold by the Registrant to First Tennessee Bank National
        Association pursuant to an Underwriting Agreement (i) dated as of November
        20,
        2003 (the &#8220;FTBNA Underwriting Agreement&#8221;), as supplemented by a Terms Agreement
        dated as of October [__], 2005 (the &#8220;FTBNA Terms Agreement&#8221;), each by and among
        FTBNA, the Registrant and FHHLC, and (ii) dated as of September 26, 2005
        (the
&#8220;Goldman Sachs Underwriting Agreement&#8221;), as supplemented by a Terms Agreement
        dated as of October 24, 2005 (the &#8220;Goldman Sachs Terms Agreement&#8221;), each by and
        among Goldman, Sachs &amp; Co., the Registrant and FHHLC. The FTBNA Underwriting
        Agreement and the Goldman Sachs Underwriting Agreement were previously filed
        with the Commission and are incorporated herein by reference as </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Exhibits
        1.1 and 1.2</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
        FTBNA
        Terms Agreement and the Goldman Sachs Terms Agreement are filed herewith
        as
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Exhibits
        1.3 and 1.4</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
        respectively. </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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        <div>
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              <tr valign="top" style="LINE-HEIGHT: 1.25">
                <td align="left" style="WIDTH: 54pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
                  9.01</font></td>
                <td align="left">
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>Financial
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        <table border="0" cellpadding="0" cellspacing="0" width="100%">

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              <td align="justify" valign="top" width="5%" style="BORDER-BOTTOM: medium none">
                <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: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
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              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%" style="BORDER-BOTTOM: medium none">&#160;</td>
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            <tr>
              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
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              <td align="justify" valign="top" width="7%" style="BORDER-BOTTOM: #ffffff solid">&#160;</td>
              <td align="justify" valign="top" width="5%" style="BORDER-BOTTOM: #ffffff solid">&#160;</td>
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              <td align="justify" valign="top" width="70%" style="BORDER-BOTTOM: #000000 thin solid">
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
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              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="10%" style="BORDER-BOTTOM: #ccffcc">
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              <td align="justify" valign="top" width="70%" style="BORDER-BOTTOM: #ccffcc">
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                  Agreement dated November 20, 2003, by and among FTBNA, the Registrant
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
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              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="10%" style="BORDER-BOTTOM: #ccffcc">
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              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%" style="BORDER-BOTTOM: #ccffcc">
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
            </tr>
            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="10%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">1.3</font></div>
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              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%" style="BORDER-BOTTOM: #ccffcc">
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
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              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="10%" style="BORDER-BOTTOM: #ccffcc">
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              <td width="2%">&#160;</td>
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                  FHHLC</font></div>
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
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            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="10%" style="BORDER-BOTTOM: #ccffcc">
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              <td width="2%">&#160;</td>
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                  York, as Trustee</font></div>
              </td>
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
            </tr>
            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="10%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">10.1</font></div>
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              </td>
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
            </tr>
            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="7%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
              <td align="justify" valign="top" width="5%" bgcolor="#ffffff" style="BORDER-BOTTOM: #ffffff">&#160;</td>
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              <td align="justify" valign="top" width="7%">&#160;</td>
              <td align="justify" valign="top" width="5%">&#160;</td>
              <td align="justify" valign="top" width="10%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="70%">&#160;</td>
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              </tr>

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        as of
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        its
        behalf by the undersigned hereunto duly authorized.</font></div>
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            <tr valign="top" bgcolor="#ffffff">
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              <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FIRST
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              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<br>&#160;</font></td>
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              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;&#160;</font></td>
              <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/&#160;Alfred
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                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Alfred
                  Chang</font></div>
                <div><font size="2">Vice President</font></div>
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        </table>
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      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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        <div>
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        <table border="0" cellpadding="0" cellspacing="0" width="100%">

            <tr>
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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: 10pt; FONT-FAMILY: Times New Roman">Exhibit
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              <td align="justify" valign="top" width="90%" style="BORDER-BOTTOM: #000000 thin solid">
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              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="90%">&#160;</td>
            </tr>
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              <td align="justify" valign="top" width="8%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">1.1</font></div>
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              <td width="2%" style="BORDER-BOTTOM: #ccffcc">&#160;</td>
              <td align="justify" valign="top" width="90%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">Underwriting
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              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
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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: 10pt; FONT-FAMILY: Times New Roman">1.2</font></div>
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              <td width="2%" style="BORDER-BOTTOM: #ccffcc">&#160;</td>
              <td align="justify" valign="top" width="90%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">Underwriting
                  Agreement dated September 26, 2005, by and among Goldman, Sachs,
                  the
                  Registrant and FHHLC **</font></div>
              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
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                  Agreement dated October 24, 2005 to Underwriting Agreement dated
                  November
                  20, 2003, by and among FTBNA, the Registrant and FHHLC</font></div>
              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="8%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">1.4</font></div>
              </td>
              <td width="2%" style="BORDER-BOTTOM: #ccffcc">&#160;</td>
              <td align="justify" valign="top" width="90%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">Terms
                  Agreement dated October 24, 2005 to Underwriting Agreement dated
                  September
                  26, 2005, 2005, by and among Goldman, Sachs, the Registrant and
                  FHHLC</font></div>
              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="8%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">4.1</font></div>
              </td>
              <td width="2%" style="BORDER-BOTTOM: #ccffcc">&#160;</td>
              <td align="justify" valign="top" width="90%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">Pooling
                  and Servicing Agreement dated as of October 1, 2005, by and among
                  the
                  Registrant, as Depositor, FHHLC, as Master Servicer, and The Bank
                  of New
                  York, as Trustee</font></div>
              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="90%">&#160;</td>
            </tr>
            <tr bgcolor="#ccffcc">
              <td align="justify" valign="top" width="8%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">10.1</font></div>
              </td>
              <td width="2%" style="BORDER-BOTTOM: #ccffcc">&#160;</td>
              <td align="justify" valign="top" width="90%" style="BORDER-BOTTOM: #ccffcc">
                <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: 10pt; FONT-FAMILY: Times New Roman">Mortgage
                  Loan Purchase Agreement dated as of October 28, 2005, by and between
                  FHHLC, as Seller, and FTBNA, as Purchaser</font></div>
              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="90%">&#160;</td>
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              <td width="2%" style="BORDER-BOTTOM: #ccffcc">&#160;</td>
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                  Loan Purchase Agreement dated as of October 28, 2005, by and between
                  FTBNA, as Seller, and the Registrant, as Purchaser</font></div>
              </td>
            </tr>
            <tr bgcolor="#ffffff">
              <td align="justify" valign="top" width="8%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="justify" valign="top" width="90%">&#160;</td>
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                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Previously
                      filed with the Commission on December 15, 2003, as Exhibit
                      1.1 to the
                      Registrant&#8217;s Current Report on Form 8-K (No. 333-73524
                      )</font></div>
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                </tr>

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                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Previously
                      filed with the Commission on October 10, 2005, as Exhibit 1.2
                      to the
                      Registrant&#8217;s Current Report on Form 8-K (No. 333-125158)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 225pt">&#160;</font></div>
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{"company-data": {"conformed-name": "FIRST HORIZON ASSET SECURITIES INC", "cik": "0001081915", "assigned-sic": "6189", "irs-number": "752808384", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-74467", "film-number": "051183932"}, "business-address": {"street1": "4000 HORIZON WAY", "city": "IRVING", "state": "TX", "zip": "75063", "phone": "9724845600"}, "mail-address": {"street1": "4000 HORIZON WAY", "city": "IRVING", "state": "TX", "zip": "78063"}}
SECURITIES
        AND EXCHANGE COMMISSION
Washington,
        D.C. 20549
FORM
        8-K
CURRENT
        REPORT
Pursuant
        to Section 13 or 15(d) of the
Securities
        Exchange Act of 1934
Date
        of
        Report: October 28, 2005
(Date
        of
        earliest event reported)
FIRST
        HORIZON ASSET SECURITIES INC., (as depositor under the Pooling and Servicing
        Agreement,
dated
        as
        of October 1, 2005, providing for the issuance of the First Horizon Alternative
        Mortgage Securities Trust 2005-AA10,
Mortgage
        Pass-Through Certificates, Series 2005-AA10).
FIRST
        HORIZON ASSET SECURITIES INC.
(Exact
        name of Registrant as specified in its charter)
Delaware
333-125158
75-2808384
(State
                  of Incorporation)
(Commission
                  File No.)
(I.R.S.
                  Employer
Identification
                  No.)
4000
                  Horizon Way
75063
Irving,
                  Texas
(Address
                  of Principal executive offices)
(Zip
                  Code)
Registrant's
        Telephone Number, Including Area Code: (214) 441-4000
Check
                  the appropriate box 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))
Item
                  8.01.
Other
                    Events
.
Reference
        is hereby made to the Registrant's Registration Statement on Form S-3 (File No.
        333-125158) filed with the Securities and Exchange Commission (the "Commission")
        on July 29, 2005 (the "Registration Statement"), pursuant to which the
        Registrant registered $12,000,000,000 aggregate principal amount of its mortgage
        pass-through certificates, issuable in various series, for sale in accordance
        with the provisions of the Securities Act of 1933, as amended. Reference
        is also
        hereby made to the Prospectus and the related Prospectus Supplement
        (collectively, the "Prospectus"), which was filed with the Commission pursuant
        to Rule 424(b)(5) on October 24, 2005, with respect to the Registrant's Mortgage
        Pass-Through Certificates, Series 2005-AA10 (the "Offered
        Securities").
Pursuant
        to a Mortgage Loan Purchase Agreement dated as of October 28, 2005 ("MLPA I"),
        by and between First Horizon Home Loan Corporation ("FHHLC") and First Tennessee
        Bank National Association ("FTBNA"), FHHLC sold two pools of primarily 30-year
        adjustable rate, first lien, fully amortizing, one-to-four family residential
        mortgage loans (the "Mortgage Loans") to FTBNA. Pursuant to a Mortgage Loan
        Purchase Agreement dated as of October 28, 2005 ("MLPA II"), by and between
        FTBNA and the Registrant, FTBNA sold the Mortgage Loans to the Registrant.
        Copies of MLPA I and MLPA II are filed herewith as
Exhibit
        10.1
and
Exhibit
        10.2
,
        respectively.
On
        October 28, 2005, the Registrant caused the issuance and sale of the Offered
        Securities. The Offered Securities evidence a beneficial ownership interest
        in
        the Mortgage Loans. The Offered Securities were created pursuant to a Pooling
        and Servicing Agreement dated as of October 1, 2005 (the "Pooling and Servicing
        Agreement") by and among the Registrant, as Depositor, FHHLC, as Master
        Servicer, and The Bank of New York, as Trustee. A copy of the Pooling and
        Servicing Agreement is filed herewith as
Exhibit
        4.1
.
The
        Offered Securities, having an aggregate principal balance of approximately
        $309,661,100 have been sold by the Registrant to First Tennessee Bank National
        Association pursuant to an Underwriting Agreement (i) dated as of November
        20,
        2003 (the "FTBNA Underwriting Agreement"), as supplemented by a Terms Agreement
        dated as of October [__], 2005 (the "FTBNA Terms Agreement"), each by and among
        FTBNA, the Registrant and FHHLC, and (ii) dated as of September 26, 2005
        (the
"Goldman Sachs Underwriting Agreement"), as supplemented by a Terms Agreement
        dated as of October 24, 2005 (the "Goldman Sachs Terms Agreement"), each by and
        among Goldman, Sachs & Co., the Registrant and FHHLC. The FTBNA Underwriting
        Agreement and the Goldman Sachs Underwriting Agreement were previously filed
        with the Commission and are incorporated herein by reference as
Exhibits
        1.1 and 1.2
.
The
        FTBNA
        Terms Agreement and the Goldman Sachs Terms Agreement are filed herewith
        as
Exhibits
        1.3 and 1.4
,
        respectively.
Item
                  9.01
Financial
                    Statements and Exhibits
.
(c)
Exhibits
Exhibit
                  No.
Description
1.1
Underwriting
                  Agreement dated November 20, 2003, by and among FTBNA, the Registrant
                  and
                  FHHLC *
1.2
Underwriting
                  Agreement dated September 26, 2005, by and among Goldman, Sachs,
                  the
                  Registrant and FHHLC **
1.3
Terms
                  Agreement dated October 24, 2005 to Underwriting Agreement dated
                  November
                  20, 2003, by and among FTBNA, the Registrant and FHHLC
1.4
Terms
                  Agreement dated October 24, 2005 to Underwriting Agreement dated
                  September
                  26, 2005, 2005, by and among Goldman, Sachs, the Registrant and
                  FHHLC
4.1
Pooling
                  and Servicing Agreement dated as of October 1, 2005, by and among
                  the
                  Registrant, as Depositor, FHHLC, as Master Servicer, and The Bank
                  of New
                  York, as Trustee
10.1
Mortgage
                  Loan Purchase Agreement dated as of October 28, 2005, by and between
                  FHHLC, as Seller, and FTBNA, as Purchaser
10.2
Mortgage
                  Loan Purchase Agreement dated as of October 28, 2005, by and between
                  FTBNA, as Seller, and the Registrant, as Purchaser
*
Previously
                    filed with the Commission on December 15, 2003, as Exhibit 1.1
                    to the
                    Registrant's Current Report on Form 8-K (No. 333-73524
                    )
**
Previously
                    filed with the Commission on October 10, 2005, as Exhibit 1.2
                    to the
                    Registrant's Current Report on Form 8-K (No. 333-125158)
Signatures
Pursuant
        to the requirements of the Securities Exchange Act of 1934, the Registrant
        as of
        the date first written above has duly caused this Report to be signed on
        its
        behalf by the undersigned hereunto duly authorized.
FIRST
                HORIZON ASSET SECURITIES INC.
November
                3, 2005
By:
/s/ Alfred
                Chang
Alfred
                  Chang
Vice President
INDEX
        TO
        EXHIBITS
Exhibit
                  No.
Description
1.1
Underwriting
                  Agreement dated November 20, 2003, by and among FTBNA, the Registrant
                  and
                  FHHLC *
1.2
Underwriting
                  Agreement dated September 26, 2005, by and among Goldman, Sachs,
                  the
                  Registrant and FHHLC **
1.3
Terms
                  Agreement dated October 24, 2005 to Underwriting Agreement dated
                  November
                  20, 2003, by and among FTBNA, the Registrant and FHHLC
1.4
Terms
                  Agreement dated October 24, 2005 to Underwriting Agreement dated
                  September
                  26, 2005, 2005, by and among Goldman, Sachs, the Registrant and
                  FHHLC
4.1
Pooling
                  and Servicing Agreement dated as of October 1, 2005, by and among
                  the
                  Registrant, as Depositor, FHHLC, as Master Servicer, and The Bank
                  of New
                  York, as Trustee
10.1
Mortgage
                  Loan Purchase Agreement dated as of October 28, 2005, by and between
                  FHHLC, as Seller, and FTBNA, as Purchaser
10.2
Mortgage
                  Loan Purchase Agreement dated as of October 28, 2005, by and between
                  FTBNA, as Seller, and the Registrant, as Purchaser
*
Previously
                      filed with the Commission on December 15, 2003, as Exhibit
                      1.1 to the
                      Registrant's Current Report on Form 8-K (No. 333-73524
                      )
**
Previously
                      filed with the Commission on October 10, 2005, as Exhibit 1.2
                      to the
                      Registrant's Current Report on Form 8-K (No. 333-125158)