This notice is being issued in accordance with Terms and Conditions, Section 6. MODIFICATION AND AMENDMENT, which states; "Depositary may modify or amend this agreement by mailing notice to Holder at least thirty (30) days in advance of such modification or amendment, and Holder agrees to be bound by such modification and amendment if Holder does not terminate this agreement prior to the effective date of such modification or amendment."

We are modifying the percentage that appears in Section 3.9 from 3% to 1%, therefore;

Section 3.9 is amended as follows;
"In the event that the outstanding principal balance of the Guaranteed Portion as calculated exceeds the outstanding principal balance of the Guaranteed Portion as reported by the Servicing Bank and accepted by Depositary by more than 1%, promptly remit to Holder the difference. In the event that the outstanding principal balance of the Guaranteed Portion reported by Servicing Bank and accepted by Depositary exceeds the outstanding principal balance of the Guaranteed Portion as calculated (which may result from the performance of Depositary's services hereunder including and without limitation, (i) differences created due to the Servicing Bank receiving payments from the borrower on days of the month other than that assumed by the note, and (ii) changes to or differences in the interest calculation method used by Servicing Bank and Depositary) such amounts will be retained and become the property of the Depositary."

The effective date of this modification is August 1, 2003. Holder is bound by this modification if Holder does not terminate this agreement prior to August 1, 2003.