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HomeMy WebLinkAbout1989 i 21 -1 ti i DENTON COUNTY HOUSING FINANCE CORPORATION Meeting of Board of Directors January 17, 1983 1. CONVENING OF MEETING. A meeting of the Board of Directors of the Denton County Housing Finance Corporation convened at 100 p.m. on January 17, 1983. The meeting was in the Denton County Commissioner's Courtroom, Joseph A. Carroll Courts Building, Denton County, Texas. The meeting was called to order by Jerry John Crawford, President of the Corporation. All members were present except Mark Chew, Chris Hartung, Wallace Batey, and Dick Taliaferro. The President announced a f quorum was present and that the meeting could proceed, { 2. NEW DIRECTOR. The President next stated that the Denton County Commissioner's Court had appointed sandy Jacobs as a Director to replace Lloyd Odle, who had resigned, Thereafter, upon motion by Mr, Switzer, seconded by Mr. McNary, with all I members voting aye, the Board of. Directors ratified the appointment of Sandy Jacobs to the Board of Directors of the Denton County Housing Finance Corporation to fill the unexpired term of Lloyd Odle. 3. MINUTES OF PRIOR MEETING, The Secretary next read the ! i minutes o e meeting o the Cioard`of Directors held on January 10, 1983. The President asked if there were any f ' y questions or corrections, and upon hearing none, upon motion by a Judge Cole, seconded by Mr. McNary, with all members voting aye except Mrs. Jacobs abstained since she was not on the Board at that time, the minutes were approved as presented. i 4. REPORT REGARDING CERTIFICATES OF DEPOSITS, The President next reported that he ad nvested"toenlunds of the E Corporation received from the last bond issue, being in the amount of $116460.00, in two separate accounts at Denton Savings Association, and that both accounts would receive 9.75 perce.it initially and would fluctuate with the market in what is styled a "New Account," The funds may be withdrawn at any time without penalty. Mr. Mark Chew entered the meeting at thfs time. 5. REPORT FROM TOM BECKER, Mr. Beaker of Kidder, Peabody, Inc., next qav` e~CM-311iTrectors a report regarding the April Be 1982, single-family bond issue. Mr, Becker stated that ' the maximum price of new homes which could he purchased under the bond issue was set at $100,000.00, that the maximum price I , 1 i iE t: i i for used home under the bond issue was $64,000.00, and that the maximum price for duplexes was $72,000.00. The United States Treasury has now set new limits, as required under the Treasury Regulations and such amounts which will qualify under tho April 8, 1982, single-family bond issue are $91,980.00 for new homes, a maximum of $86,580.00 for used homes, and a maximum of $97,049.00 for duplexes. Mr. Becker stated that all commitments of the April P. 1982, issue, extended after and froni March 29, 1983, must adhere to the new home price limitations set by the 1 U. S. Treasury Department as maximums for this program, Mr. Recker next reported on the status of the 1983 single- family issue. Mr. Becker reviewed that the Corporation had signed a Bond Purchase Agreement in 1982 and that the Texas Department of Community Affairs has agreed to accept 1982 signed r 1 Bond Purchase Agreements for 1983 filings and has agreed that I priority for the Texas allocation will be decided by the { earliest date of the various bond Purchase Agreements, Since the Corporation has delivered only 508 of the 1982 bond issue, Mr. Recker stated that the Corporation needed to know if the various lenders desire us to proceed with a new issue. If so, this would require lenders to forfeit 4 points on the 1982 money not used because the 1982 issue balance of unused funds would be called by the 1983 issue. Mr. Hecker also stated that any new single-family issue would have a maximum limit of $112,420.00 for new houaes, $105,820.00 for existing homes, and that this was a new provision, Mr, Becker stated that the points in any 1983 issue would be 3 points up front plus a 1 fee, point origination Me, Becker stated that if the bonds were issued today, the final mortgage rate for a 30-year fixed mortgage would be { 10-3/4 percent. i i Mr. Becker next called for comments from the audience from f various lenders to see if they wished the Corporation to proceed with a 1983 issue which would result in the calling of their unused 1982 funds, The Corporation heard from Lon Barnhart of Lomas & Nettleton, Roger. Harris of STM Mortgage and Trinity Savings & Loan, B01 Brady of Denton savings & Loan, and Jerry Gage of Denton Savings & Loan. All of those who spoke were generally not in favor of a 1983 issue, Me, Becker further asked the audience if there was anyone in attendance who would favor a new issue. There was no response. The President next asked the Board of Directors if they had any comments regarding the 1983 issue. Mr. Switzer stated that our role is to benefit the consumer, and if we cannot see a benefit to the consumer, we should not proceed. Sandy Jacobs stated that she agreed with Bill Switzer and that the Corporation should not enter into a second issue, 2 - 10. s Mr. Becker next discussed the multi-family issues and stated that we needed to have input from lenders by giving lenders and developers notice in the various newspapers to see if we should proceed with issuing more multi-family bonds, The Corporation heard from Bill, Smerel who requested an inducement resolution for a $8,250,000.00 project in Lewisville on Highway 121, Mrs. Jacobs stated that she is opposed to issuing any more multi-family bonds, Bill Switzer also stated that he is opposed to issuing any more multi-family bonds. After hearing a request from Bill Smerel regarding his project in Lewisville known as Post Oak RAdge, upon notion by Mark Chew, seconded by Bill McNary, to issue an inducement to Mr. Smerel but to make no promise to issue the bonds, with Mark Chew, Dr. Ray Stephens, and Bill McNary voting aye, and with Judge Buddy Cole, Pill II Switzer, 14andy Jacobs, Lee Walker, and Jerry John Crawford voting no, the inducement resolution failed. 6, NOTICE TO INTERESTED PARTIES. After discussion of a procedure to n6tify .n erejte uu era, developers, and lenders regarding the continuation of multi-family issues, upon motion by Mrs. Jacobs and seconded by Mr. McNary, with all members voting aye, the President was instructed to publish notice of a hearing to be held on March It 1983, at 100 p.m, in the Denton County Commissioner's Courtroom, it was agreed that the notice would be published in the Lewisville Daily header, Denton Record and Chronicle, and in Times Chronicle Today in Carrollton. It 1 was also requested by Dr. Ray Stephens that the review of the sub-committee regarding multi-family plans for various cities in Denton County be completed by the March 10, meeting period. 7. 1982 F,S,L.I.C. SERIES A MULTX-FAMXLY BOND ISSUE. Mr, Becker next state teat C1`ber.t Morrow a prepar a resolution regarding approval of substitution of various projects for Associatt~ionyunder tthet1982tF,SeL.1,C, Serie,s n A Denton Bond Issue. After reviewing the substituted projects and Becker informing the Directors that Bond Counsel for taft hew Mr, Corporation, Elbert Morrow, had approved the form and substance of the substituted bond multi-Pamil.y projects, upon motion by Mr. Switzer, seconded by Mr. McNary, with all member: voting aye except Sandy Jacobs who abstained, the resolution attached to these minutes regarding the substituted multi-family projects to be financed by Denton Savings Association were approved. 8, ELECTION OF OFFICHRS. The President stated that the I! Corporation nee e"c1_7o re=e']ct officers for the 1983 calendar year. Thereafter, upon further discussion, and upon nomination f and upon motion by Dr. Ray Stephens, seconded by Mark Chew with all members voting aye, Jerry John Crawford was elected President, and Chris Hartung was elected Vicd-President for the w 1983 calendar year. Upon further discussion, and upon r - 3 w r t i nomination and upon motion by Mr. Switzer, seconded by Dr. Ray Stephens, and with all members voting aye, Hill McNary was elected Secretary of the Corporation to serve for the 1983 calendar year. 9. ADJOURNMENT. There being no further business to come before the meet~ing,'upon motion by Mr. Switzer, seconded by Mr. Chew, with all members voting aye, the meeting was ad3ourned. I j JERRY JOHN CRAWFORD,'j ChM ma and Acting Secretary r I I f ; 1 i Li I { k 4 r S t s 1 ;y ~-P f{ i. iE Ai3FNDA FOR TH' tILEI'INia OF THE BOARD Or' I)iRf-.CTOf h DEN-roN COUNTY FIOUSINIa i'IPI`AIJ!_C: =01fi (!A;1'fON~ JANUARY 12 , 1909 itI0C) A. V1. COMMIGSI'ONFRIS ! fi.IURT ROOM nI_D DFI~I'TOt~I GOLIh1'rY CUURTHOUGLC I;ON THt= SOOAI= . i CONSTDFRATION OF MINUTES FOR DEC01BER 15, 19BO BOARD MEETING AND REPORT ON MINUTC:5 FOR DEC; MLiER 28, 1788 PUDLIC HEARING. _ 2) CONSIDERATION OF AND ACTION UPON QUBSTITUTION OF UNDERWRITERS AND REMARK;F.TINij AGENT ON THE I EF'UNDING F,ROJECT, FINANCINQ BY DENTON SAVING AND LOAN. a) CONSIDERATION AND APPROPRIATE ACTION UPON THE PROPOSED [SINGLE FAMILY F I NANO I NGi INCLUDING APPROVAL UI" Ai.L-OCAT IOlq FOR ALLOTMENT TO LE.NDERB UNDER THE PROGRAM. g1) roNr~Inl (:Farzcli~i OF Ti2VlB V ItIl"T FR(K X0440. PURSUANT TO ARTICLE E252-17, SEC. r fsEliArDfNI LI'rIrIA'1'ICIII (r) REAL ESTATE (r), PERSONNEL 03), at SECURITY (.1). 1Fir. BOARD RESERVES THE RIGHT TO CONVENE IN EXEC.LITIVF SESSION, FPOll TIME TO TINE, AS DEEMED NECESSARY ON THE ABOVE. s TL iv IG. I ~ A) PENDING ~.3Y1~TCDl~^~%E~IJ7xVg BEEOSIONS WITH A'r'iokNI-Y'S FOR CORPORAT.(ON AS TO PENDING LITIGfATiON. C I E3) ACTION TO Df:' TAKEN IN f2E5F'CINBIr TO L.TTIf3A'TIC,N AS MAY BE 14 REGILIIR< D INCLUDING HE. FILING OF' AN ANSWER, WITH THE s; C.OLIK. 4 ! 7) CGNSIDCPA'T ON OF OTHER' rWBINESS OF IW'E:REBT TO THE DENTON ; r COUNTY HOU3I'NG FINANCC: CORP. ' o isa~ Cl (Y f!!1NAf F1S qFl 4'f r DEN,rON COUI'1TY HOUSING FINANCE CORPORATION 1989 Single-Family Housing Par clpants o% ReQ--uested Allo__ rated CAPITOL, CITY SAVINGS Attnr Nancy Hempe $ 3,0000000 $ 20100,000 919 Congress Ave,, 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY Attnr Rlck Carothers 6,000,OOQ 4,400,000 3333 Lee Parkway 4e~ ~tS P, O, Box 19000 Dallas, Texas 75219 f 1~ (214) 559-6500 r F.G.M.C.,INC. 50000,000 7 Attm Charlynn Hodges 30600,000 7322 Southwest Freeway { Houston, Texas 77074 (713) 270-0769 j NORWEST MORTGAGE INC. 1,000,000 1,0001000 Attns Kathleen Watczak 6757 Arapaho Rd,, Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGE 750 000 Attns Jay Tadloch 150,000 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION Attnt Joyce Blue Baugher 3,000,000 2,100,000 200 East Berry Street Fort Wayne, Indiana 46302 (219) 4258338 WEYERHAEUSER MORTGAGE COMPANY -LA-1-t-0 00 Alms Dorothy Bubenik 200._,000 t' 5720 LBJ Freeway Dallas, Texas 75240 (214) 458-9510 i 1 TOTAL "a"441 50 OQO 0 16 850 000 10 ,t; MINUTES OF MEETING OF BOARD OF DIRECTORS DECEMBER 15, 1988 THE STATE OF TEXAS § COUNTY. OF DENTON § DENTON COUNTY HOUSING FINANCE CORPORATION § The Board of Directors (the "Board") of Denton County Housing Finance Corporation (the "Corporation") met in the Commissioners Court Room, Courthouse on the Square, Denton, Texas at 3;00 p.m, on December 15, 1988, The following members of the Board were present; Mr, Mark Chew, Mr, Lloyd Harrell, County Judge Vic Burgess, Mr, Jim Jonne, Mr. Don Hill, and Diane Edmundson, Also attending were Messrs, Elbert M. Morrow and Veil Thomas of Fulbr.ight & Jaworski, counsel for the Corporation, The meeting was called to order by the President of the Board, Don Hill. The minutes of the meeting of April 20, 1988 were approved upon a motion, second and unanimous vote. Consideration was then given to the refinancing and modification of the financings on multi-family projects, The question arose as to the proper use of Reserve Funds created and established for the purpose of paying bonds on multi-Eamily projects when the Bonds secured by the Reserve Fund were being refunded and according to the financing documents, the Corporation was to direct its disposition, and the prior procedure was explained to the Board. A motion was made that J the prior procedure be continued, i,e,,, the Reserve Fund be used first to pay 30 days interest on the bonds being refunded (being the interest from the draw on the credit facility to the redemption date, second to fund the Reserve Fund for the refunding bonds, and third, any money then remaining should be paid over to the Corporation. Upon the motion be seconded, it was unanimously adopted, The refinancing of the following projects were then considered separatuiy and the financing documents to accomplish the refinancing was approved after a motion was duly made, and unanimously adopted (the financing documents being attached as the Exhibits herein shown); Denton Savings Association; Exhibit A; (1) Apple Creek Apartment: -Exhibit Bt (2) Brighton Place Apartments Exhibit C! (3) 1505 North Locust Apartments. i The re-issuance (as distinguished from refunding) of the Trammell Crow Project, between Carrollton Partners, Inc, and Trammell Dallas, N.A. (the documents being attached as Exhibit D) was presented by Eric otto. A motion was made, seconded and unanimously adopted that the documents required by the Corporation to accomplish the re-issuance be approved. A motion was then made, seconded, and unanimously adopted to table any action or consideration on any other refinancing projects, President Hill then announced that the Commissioners , Court had approved his holding of previous hearings on projects that might be required under the provisions of the internal 1 Revenue Code of 1986, as amended, and announced that he had j made arrangements for the immediate publication of two of public hearin notices g (attached as Exhibit E). A motion was made, seconded and unanimously approved that the notices presented be approved for publication, establishing a hearing date of December 28, at 3 o'clock p,m. Messrs. McEnRoe and Peterson of First Southwest Company presented a suggested single family mortgage program to the Board (authorized in attached Exhibit F) and it was recommended to the Board that application for an allocation for 1988 be filed, that First Southwest Company would advance the $500 (to be re-imbursed out of bond proceeds) in order to j establish priority for 1989 and that a 1989 application be filed at this appropriate time (if required to return such E allocation), j A motion was made, seconded and unanimously adopted t}lat (1) Fulbright & Jaworski be authorized to prepare the f appropriate application for an allocation to issue revenue bonds in the approximate amount of i $21,000,000 (but in no event shall the amount be more than is permitted to bo issued as tax exempt obligations by applicable law) on a new sories of # single family mortgage loan program with the understanding the application will be for the ii years 1988 and 1989= (2) when prepared, the President of this Board be authorized to execute the same on behalf of this Housing Finance Corporation, and; (3) First Southwest Company be authorized to arrange for the filing of the application for allocation, I nets -2- , Y! A motion was made, seconded and unanimously adopted that (1) First Southwest Company be named and designated as the managing underwriter for a new series of single family mortgage revenue bondsl (2) that such managing underwriter be authorized to proceed with the preparation of the documents to accomplish the financing, including the presentation to the President of this Housing Finance Corporation of the form of preliminary official statement prior to its circulation and use; , (3) and that upon approval of the form of preliminary official statement by the President the managing underwriter be authorized to distribute such preliminary official statement. John Stohlman of NCNB Texas Fort Worth, N.A. then I addressed the matter of whether Citibank, N.A. in Now York should be requested to resign as co-paying agent for the Corporation's Collateralized Loans-to-Lenders Revenue Bonds, Series 1981 pointing out that the Corporation had appointed Citibank as co-paying agent in 1481 because they were in the underwriting group and that while this was an important portion of that financing, it was making reconciliation of accounts very difficult and only ovie paying agent was required. A motion was mach,, seconded and unanimously adopted requesting Mr. Stohlman to communicate with Citibank to suggest this Board would invite their consideration of resigning as co-paying agent on the said Se_•ies 1981 Bands, recognizing the fee income to the Bank was not substantial, but that economies in handling the transaction in reconciling accounts could be effected and that a favorable response would be well received by the Board, It was then called to the attention of the Board that Mr, Stohlman's attorney was working with the firm of Dewey Ballentine, Bushby Palmer and Wood on a foreclosure on the Scripture Oaks project and had requested the execution of the i following document on behalf of the Corporation, i AUTHORIZATION TO NCNB TEXAS NATIONAL BANK TO EXECUTE AN ASSIGNMENT OF THE SCRIPTURE OAKS NOTE 1 The DENTON COUNTY HOUSING FINANCE CORPORATION, ("DCHFC"), as Issuer for the $81750,000 Denton County Housing -3- oess~ Finance Corporation Development Revenue Bonds (Scripture Oaks Development) Series 1983 (the "Bonds"), under the Indenture of Trust datud as of December 1, 1983 between DCHFC and NCNB TEXAS NATIONAi, BANK ("Trustee," formerly InterFirst Bank Fort Worth, N.A., Fort Worth, Texas), hereby authorizes and instructs the Trustee, on behalf of DCHFC, to execute an assignment of the promissory note dated November 1, 19831 in the principal amount of $8050,000 to the order of DCHFC (the "Note"), to RED RIVER FEDERAL SAVINGS AND LOAN ASSOCIATION, after payment in full of all principal and accrued interest on the Bonds, plus any fees and expenses payable to the Trustee. DENTON COUNTY HOUSING FINANCE CORPORATION, as 'Issuer I By - Its December 15, 1988 f A motion was made, seconded and unanimously adopted that the President of the Board be authorized and directed to execute such instrument for and on behalf of the Corporation, and as the act and deed of the Corporation, with instruction the assignment should be executed without recourse on this, Corporation or not at all, In connection with the investment of funds, a motion was made, seconded and unanimously adopted that approximately $231,000 of the Corporation's funds should be invested in a 30 i day Certificate of Deposition, and that Mr. Stohlman be initiated to meet with the Board in January to develop an investment policy, ? It was then moved, seconded and approved by unanimous vote that; iLj j (1) a checking account be established at a Denton Bank in the amount of $1,000 (to be kept at about that amount) and that the President and Secretary of the Board be authorized to sign checks; (2) the re±ty cash fund of $200 be established and maintained under ':he control of the President of the Board; and (3) the adm).nistrative assistant of Commissioner Hill be compensated for her work on behalf of the corporation at a pay scale equal to "overtime" pay for her position with Denton County (on an hourly, as needed basis), _q_ oessi. is f The meeting was then adjourned with instructions that notice of this meeting, as posted, should be attached as Exhibit G. THERE BEING NO FURTHER BUSINESS n COME BEFORE THE BOARD, the meeting was adjourned, The above and foregoing minutes were passed and approved by the Board of Directors on E President ATTEST: I I i Secretary { (CORPORATION SEAL) i { i owss~ rsr _r 1 I 7 c; MINUTES OF PUBLIC, HEARING N RE13ARD TO REFINANCING OF c,.ERTAIN MULTI-FAMILY PROJEC'T'S DECEMBER 28, 1908 THE STATE OF TEXAS COUNTY OF DENTON DENTON C'OUNT'Y HOUSINQ FINANCE CORP. THE HEARING WAS CALLED TO ORDER IN THE COMMISSIONERS C{JURT ROOM, Cf1URTHOUSE ON THE. SQUAREi, DE:NTON, TEXAS, AT PM ON DECEMBER 200 I-99O, BY DON HILL, PRESIDENT OF THE BOARD OF DIRECTORS, ACTING IN BEHALF OF THE COMMISSIONERS COURT OF DENTON COUNTY. ALSO IN ATTENDANCE WAS LLOYD HHRRELL, SECRETARY OF THE BOARD. r J ~ T THERE WERE NO PERSONS IN ATTENDANCE AT THIS HEARING, THEREFORE THERE WERE 140 COMMENTS FOR OR AGAINST THIS f P'ROP'OSAL. THERE BEING NO FURTHER fSLIEiINE&fi THE HE.ARINo WAS ADJOURNED. it i THE ABOVE AND FOREGOING MINU'T'ES WERE PASSED AND APPPOVED BY THE BOARD OF DIf2ECT'ORS ON PRESIDENT f ATTEST] SECRETARY f (CORPORATION SEAL) { { i I i r k t~ i to I is DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Family Housing Participants Requested Allocated CAPITOL CITY SAVINGS $ 3,0001000 $ 211000000 Attnt Nancy Hempe 919 Congress Ave,, 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 6,000,000 4,400,000 Attm Rick Carothers 3333 Lee Parkway P. 0. Box 19000 Dallas, Texas 75219 (214) 559-6500 F.G.M.C.,INC, 51000,000 30600,000 Attns Charlynn Hodges 7322 Southwest Freeway { Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 1,0001000 1,0001000 1 Attnt Kathleen Watcxak I 6757 Arapaho Rd., Suite 767 Dallas, Texas 75248 i UNIVERSITY CENTRE MORTGAGE 750,000 750,000 lkttnt Jay Tadlock 1320 South University Drive, Sulte 123 Fort Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION 3,0009000 2,100,000 Attn: %yce Blue Baugher r 200 East Berry Street Fort Wayne, Indiana 46802 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY 4,000,000 2,900.000 Attnt Dorothy Bubenik 3720 LBJ Freeway Dallas, Texas 75240 (214) 458-9510 TOTAL $22,750,000 $16,850,000 i I DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Famlly Housing Participants Requested Allocated CAPITOL CITY SAVINGS $ 300000000 $ 21100,000 Attn: Nancy Hempe 919 Congress Ave., 4th Floor Austfn, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 6,000,000 4,400,000 Attn: Rick Carothers 3333 Lee Parkway P. O, Box 19000 Dallas, Texas 75219 (214) 559-6300 f I F.G,M.C.,INC. 5,000,000 3,600,000 1 j Attnt Charlynn Hodges 7322 Southwest Freeway j Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 1,0001000 1,0001000 Attm kathleen Watcxak 6757 Arapaho Rd., Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGE 7500000 750,000 Attnt Jay Tadlock I 1320 South University Drive, Suite 123 1 hart Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION 300000000 21100,000 Attn: Joyce Blue Saugher 200 East Berry Street Fort Wayne, Indiana 46802 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY 41000,000 21900,000 Attm Dorothy Bubenik 5720 L8J Freeway Dallas, Texas 75240 (214)433.9510 TOTAL $22,730,000 16 830 000 f -77 ,l t ii DENTON COUNTY ROUSING FINANCE CORPORATION 1989 Single-Family Rousing Participants Requested Allocated CAPITOL CITY SAVINGS $ 31000,000 Attni Nancy Hempe $ 2,100000 919 Congress Ave,, 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 6 000 000 Attnt Rick Carothers ' ' 40400,000 3333 Lee Parkway P. 0, Sox 19000 1 Dallas, Texas 75219 (214) 559-6500 F.G.M.C.,INC. Attni Charlynn Hodges 3,0000000 3,6001000 I 7322 Southwest Freeway Houston; Texas 77074 (713) 270.0769 1i NORWEST MORTGAGE INC. 1,000,000 1,0000000 J Attnt Kathleen Watczak 6757 Arapaho Rd., Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGE 730 000 Attm Jay Tadlock r 730,000 ; 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 ; WATERFIELD FINANCIAL CORPORATION Attni Joyce Blue 9augher 3,000,000 2,100,000 200 East berry Street Fort Wayne, Indiana 46802 (219) 423.8338 WEYERHAEUSER MORTGAGE COMPANY 4 000 Attni Dorothy 6ubeolk AL0.1-0 0 219001000 5720 L83 Freeway Dallas, Texas 75240 (214) 458.9510 TOTAL, 22 750 000 161830,000 i { DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Family Housing Participants Requested Allocated CAPITOL CITY SAVINGS $ 31000,000 $ 21100,000 Attn: Nancy Hempe 919 Congress Ave., 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 61000,000 404000000 Attn: Rick Carothers 3333 Lee Parkway P. 0. Box 19000 Dallas, Texas 75219 (214) 559-6300 + F.G.M.C.,INC. 5,000,000 3,600,000 Attn: Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. Attns Kathleen Watczak 10000,000 100000000 6757 Arapaho Rd,, Suite 767 j Dallas, Texas 75248 ( I UNIVERSITY CENTRE MORTGAGE i j Attn: Jay Tadlock 1300000 750,000 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION 3,000,000 2,100,000 Attn: Joyce Blue Baugher 200 East Berry Street Fort Wayne, Indiana 46802 (219) 423-8338 WEYERHAEUSER MORTGAGE COMPANY 41000,000 2,900,000 Attn: Dorothy Bubenik 3720 LBJ Freeway Dallas, Texas 75240 (214) 458»9510 TOTAL 22 50 000 16 $ 0 000 i i 10 " DENTON COUNTY HOUSING, FINANCE CORPORATION 1999 Single-Family Housing Partlclpants _a ested_ Allocated CAPITOL CITY SAVINGS $ 31000,000 $ 2,100,000 Attns Nancy Hempe 919 Congress Ave., 4th Floor Austin, Texas 73701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 610000000 4,400,000 Attn: Rick Carothers 3333 Lee Parkway _ P. 0. Box 19000 Dallas, Texas 75219 (214) 559-6500 1 1 F.G,M.C.,INC. 5,000,000 3,600,000 Attnt Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 10000,000 10000,000 h Attn: Kathleen Watcxak 6737 Arapaho Rd., Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGE 750,000 750,000 Attnt Jay Tadlock 1320 South University Drive, Suite 123 Fort North, Texas 76107 WATERFIELD FINANCIAL CORPORATION Attnt Joyce Blue Baugher 3,000,000 2,100,000 200 East Berry Street Fort Wayne, Indiana 46802 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY 4.OOtlL000 2,900,000 Attns Dorothy Bubenik 5720 LBJ Freeway Dallas, Texas 75240 (214)458.9310 TOTAL 22 750 000 16 850 0 0 y Y \4\Ilyh;5 DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-!:amity Housing Participants Requested Allocated CAPITOL CITY SAVINGS $ 3,0002000 $ 2,1001000 Attna Nancy Flempe 919 Congress Ave,, 4th Floor Austin, Texas 78701-2444 (512) 478-1607 t CTX MORTGAGE COMPANY 61000,000 41400,000 Attm Rick Carothers 3333 Lee Parkway P. 0. Box 19000 Dallas, Texas 75219 (214) 559-6500 l i F.G.M.C.,INC. 5,000,000 30600,000 Attnt Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 1,0001000 1,000,000 Attm Kathloen Watczak 6757 Arapaho Rd., Suite 767 Dallas, Texas 73248 I UNIVERSITY CENTRE MORTGAGE 750,000 750,000 Attm Jay Tadlock 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION 3,000,000 201000000 Attm 3oyce Blue Baugher 200 East Barry Street Fort Wayne, Indiana 46802 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY 41000,000 2,900.x,000 Attm Dorothy Bubenik 5720 LBJ Freeway Dallas, Texas 75240 (214) 458.9510 j TOTAL $22,750,000 16 8 0 000 i 1 I DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-F--roily Housing Participants Requested Allocated CAPITOL CITY SAVINGS $ 3,000,000 $ 2,1001000 Attm Nancy Hempe 919 Congress Ave., 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 61000,000 4,4000000 Attn: Kick Carothers 3333 Lee Parkway j P. O, box 19000 l Dallas, Texas 75219 (214) 539-6500 v F.G.M.C.,INC. 50000,000 3,600,000 Attm Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 10000,000 10000,000 Attnt Kathleen Watczak 6757 Arapaho Rd., Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGE 750,000 750,000 ( Attnt Jay Tadlock 1320 South University Drive, Suite 123 Fort North, Texas 76107 J WA'rERFIELD FINANCIAL CORPORATION 300000000 291000000 'Attnt Joyce B'ue Baugher 200 East Berry Stree, Fort Wayne, Indianr 46802 (219) 423-8338 WEYERHAEUSER MORTGAGE COMPANY `4,000.000 2,900.000 Attna Dorothy Bubenik - 5720 W Freeway Dallas, Texas 13240 (214)458«9310 i TOTAL 22 730 000 $161$30,000 V f Y)l`:iCf 4 Lj I DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Family Housing Participants ~r ` Requested Allocated CAPITOL CITY SAVINGS $ 31000,000 $ 2110U1000 Attni Nancy Hempe 919 Congress Ave,, 4th Floor Austin, Texas 78701-2444 (312) 478-1607 CTX MORTGAGE COMPANY 61000,000 4,4001000 Attnt Rick Caruthers 3333 Lee Parkway P. 0. Box 19000 Dallas, Texas 75219 (214) 559-6500 F.G.M.C.,INC. 30000,000 31600,000 Attnt Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 1,000,000 10000,000 Attnt Kathleen V/atczak 6757 Arapaho Rd,, Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGE 750,000 7500000 Attnt Jay Tadlock 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION 30000,000 201000000 Attnt Joyce Blue Bougher 200 East Berry Street Fort Wayne, Indiana 46802 3 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY 4,000,000 21900,000 Attm Dorothy Bubeolk 5720 LBJ Freeway Dallas, Texas 75240 (214) 438-9510 TOTAL 22 750 000 16 8 0 `000 i i t, . J r. ~ 1 i fl DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Family }lousing Participants Requested Allocated CAPITOL CITY SAVINGS Attm Nancy Hempe $ 31000,000 $ 21100,000 919 Congress Ave., 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY Attnt Rick Carothers 61000,000 4,400,000 333 Lee Parkway P. 0. Box 19600 i Dallast Texas 7 _ 3219 (214) 559-6500 F,G.M.G., INC. A ttnt Charlynn Hodges 31000$000 3, 600,000 7322 Southwest Freeway r" Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. Attn: Kathleen Watczak 1,000,000 1,000,000 6757 Arapaho Rdl, Suite 767 Dallas, Texas 73248 UNIVERSITY CENTRE MORTGAGE Attn: Jay Tadlock 750,000 730,000 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 j WATERFIELD FINANCIAL CORPORATION Attnt Joyce Blue Haughey 3,000,000 2,IOD~000 200 East Berry Street Fort Wayne, Indiana 46802 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY Attnt Dorothy Bubenik -4'0'00-d 21900.000 I 3720 L83 Freeway Dallas, Texas 75240 (214) 458-9310 i TOTAL 22 750 000 6 830 110 DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Family Housing Participants Requested Allocated CAPITOL CITY SAVINGS $ 32000,000 $ 2,1001000 Attnt Nancy Hernpe 919 Congress Ave., 4th Floor Austin, Texas 75701-2444 (512)478-1607 CTX MORTGAGE COMPANY 61000,000 41400,000 Attm Rick Carothers 3333 Lee Parkway P, O, Box 19000 Dallas, Texas 75219 j _ (214) 559-6500 F,G.M.C,OINC. 50000,000 306000000 j I Attns Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. 1,0000000 11000,000 Attnt Kathleen Watczak € 6757 Arapaho Rd., Suite 767 Dallas, Texas 75248 UNIVERSITY CENTRE MORTGAGp 7500000 750,000 j Attns Jay ?adlock 1320 South University Drive, Suite 123 Fort Worth, Texas 76107 WATERFIELD FINANCIAL CORPORATION 3,0000000 201000000 Attnt Joyce Blue Baugher 200 East Borry Street Fort Wayne, Indiana 46802 (219) 423.8338 WEYERHAEUSER MORTGAGE COMPANY 4,000,000 21900,000 Attnt Dorothy Bubenik 3720 LBO Freeway Dallas, Texas 75240 (214).458-9310 TOTAL 22 730 000 t16.830'000 Y S z DENTON COUNTY HOUSING FINANCE CORPORATION 1989 Single-Famlty Housing Participants Requested _Aliocated CAPITOL CITY SAVINGS $ 30000,000 Attn: Nancy Hempe $ 2,100,000 919 Congress Ave., 4th Floor Austin, Texas 78701-2444 (512) 478-1607 CTX MORTGAGE COMPANY 6,000 000 Attnt Rick Carothers 4,400,000 3333 Lee Parkway P. 0. Box 19000 Dallas, Texas 75219 (214) 559-6500 i ' F.G.M,C.,INC. 510000000 30600,000 Attnt Charlynn Hodges 7322 Southwest Freeway Houston, Texas 77074 (713) 270-0769 NORWEST MORTGAGE INC. j Attm Kathleen Watcxak 1,0009000 10000000 6757 Arapaho Rd., Suite 767 j Dallas, Texas 75248 G l UNIVERSITY CENTRE MORTGAGE { Attnt Jay Tadlock 750,000 750,000 1320 South University Drlve, Suite 123 Fort Worth, Texas 76107 1 WATERFIELD FINANCIAL CORPORATION 3 Attm Joyce Blue Baugher ,000,000 2,100 000 200 East Berry Street Fort Wayne, Indlana 46802 (219) 425-8338 WEYERHAEUSER MORTGAGE COMPANY 4,000.000 Attm Dorothy Bubenik 2.900,00_0 5720 LBJ Freeway Dallas, Texas 75240 (214)458.9510 [!I E TOTAL 22 750 000 _ 16 8 0 0~~ 4 f /Vypj1 FE,q~j NCNB Texas 801 Cherry Street Trust and Investment Services P.O. Box 1317 ~:orl Worth, Texas 76101 asi (817) 390-6161 i JANUARY 1, 1989 Texas LISTING OF ISSUANCE DENTON COUNTY HOUSING FI14ANCE CORPORATION l SINGLE FAMILY MORTGAGE REVENUE BONDS Exhibit A k SERIES 1980, DATED NOVEMBER 1, 1980 DENTON COUNTY HOUSING FINANCE CORPORATION COLLATERALIZED LOANS-TO-LENDERS Exhibit 8 { HOUSING REVENUE BONDS 1 SERIES 1981 A, DATED NOVEMBER 1, 1981 r DENTON COUNTY HOUSING FINANCE CORPORATION SINGLE FAMILY MORTGAGE REVENUE LJNDS Exhibit C 6ERIES 1982, DATED MARCH It 1982 DENTON COUNTY HO'.SING FINANCE CORPORATION MULTI-FAMILY HOUSING REVENUE BONDS SERIES 1982 A - DENTON SAVINGS ASSOCIATION SERIES 1982 B - SAVER'S FEDERAL SAVINGS AND LOAN DENTON COUNTY HOUSING FINANCE CORPORATION DEVELOPMENT REVENUE BONDS Exhibit D j (SCRIPTURE OARS DEVELOPMENT) SERIES 1983, DATED DECEMBER If 1983 DENTON COUNTY HOUSING FINANCE CORPORATION MULTI-FAMILY HOUSING REVENUE BONDS Exhibit E SERIES 1983 A - DENTON SAVINGS ASSOCIATION SERIES 1983 D - ALAMO SAVINGS A890CIATION DENTON COUNTY HOUSING FINANCE CORPORATION SINGLE FAMILY MORTGAGE REVENUE BONDS Exhibit F SERIES 1984, DATED JULY 16, 1984 DENTON COUNTY HOUSING FINANCE CORPORATION } SINGLE FAMILY MORTGAGE REVENUE BONDS Exhibit G SERIES 1986, DATED MARCH 15, 1985 DENTON COUNTY HOUSING FINANCE CORPORATION MULTI-FAMILY HOUSING REVENUE BONDS SERIES 1988, DATED FEBRUARY It 1980 y 5'rttiRn <n ,7.r ~ ~ k n > x b7 n p N 9 0 o r m o A, to S, 9 W w j u ro ~ m ea m y rp o ;i ao o y ~°t o c D4 I I tf 00 cn 5 ~ O O PO en G N N y cn 20 Ul ~ , ~ y y y { ; y O~ O -J lz O N `A G, o w 00 00 b f f y { N ° N N b Q a 0 cn v4 N ~ . i 00 C 00 N of >1 ~ ty f to N N pp W , N N N 3 00 00 N ~ A N to N O 00 N c ?0 oo ao o ° 4 a a co to w y uo ~ oa oo to 4" m N N N Email W tp o Wf x .aye+m. pp?YAa5!liJ rNpygy NCNB Texas Fort Worth Banking Center 500 West Seventh Street PO. Box 2260 Fort Worth, Texas 76113 (81 7) 390-6161 ~7nc~r+rrx s;. f7 t~1 Ca: f N E Date x 1 ~ f.. To: NCNB Abilene NCNB Wichita Falls NCNB Brownwood per distribution list NCNB Ft Worth IICNB Odessa From: Jodie Moon Seven day average yield - Aim Money Market Funds t Tax Week STIC Treasury Ending Series Free 8.18 7.84 T j 10/l0/10/8816/88 8.18 7.79 it r~ I 10/23/88 8.17 7.84 10/30/88 8.18 7.86 11/04/88 8.17 7.89 11/13/88 8.17 7.88 11/20/88 8.25 8.11 11/27/88 8.34 $.18 12/04/88 8.41 8.20 12/11/88 8.53 8.22 5,96 12118/88 8.70 8.27 5198 12/26/88 8.86 8.45 6.11 f 0102/89 8.96 8,58 6.99 01/08/89 9.03 8181 6.46 (1) Rates apply to Short Term Investment Funds (A), (B). (AE6P) & (BEEP) T,T . .sAYMtW +.as'2ni 4RSR Exhibit A t, a i~ hENTON COUNTY HOUSING FINANCE CORPORATION SINGLE GAMILY MORTGAGE REVENUE BONDS SERIES 1980, DATED 11/1/80 Bonds Out.standinq as of 6/1/88 $17,375,000.00 1 All reserve funds are intact and invested per Investment Agreement with Citibank, N.A. dated December 1, 1980. 1 Call History. Delinquency Information as of 6/1/88 20 Loans $ 994,433.87 Date Amount of Call 30 Days 246,000 60 Days 6 Loaner $2660367.36 i 06/Oi/82 $ 265,000 90 Days 6 Loaner $-342x018.66 06/01/83 $ 12/01/83 $ 450000 In Foreclosure 4 Loans $ 172,942.31 06/01/84 $ 130,000 12/01/84 $ 290,000 12/01/85 $ 716,000 Mortgage Rata - 11064 06/01/86 $ 265,000 12/01/86 $ 10lio' 000 ; 06/01/87 $ 2,120,000 Outstendin Mort a e Balance as of 6/1180 j i 12/01/87 $ 1.260,000 277 Loans $130380,815.24 ~ 06/01/88 $ 655,000 j ~ Claims an E'ool Insurance a~ of 6/]/88 2 Claims $ 16,351.35 This is for your information only. We are providing this in response to numerous requests for the release of this data, in order that we might make it available to all bondholders, without priority. NCNB TEXAS NATIONAL BANK TRUSTEE I 'AROI~.iz -A Ii 1~. NOTICE OF CALL FOR REDEMPTION OF BONDS December 1, 19!!8 DENTON COUNTY HOUS;NG FINANCE CORPORATION SINGLE FAMILY MORTUAGE REVENUE BONDS SERIES IM No Ke is heloby iv an to [no Wder 01 in, Bondsrdgescr w MNow mill $;20,W0.00 plnoipal omounI of dated Nova ~ 1 1980, $no "had to I*ddemptan V. OecMiWr 11x02 fleVMW BMdI, SNie! 1480. reN lkYl lOe le this pr; p I 0petiyr46B Itne redempWn dale). at a the rWempbOn dole, N as(NOVlded IOr In MO Truft rlrkennturd e l(I of 0 Nov tmf 1 1980 b1~ jrld b0AW M Canton County Housing Finance CaporauW end NCNB Tells NAW11 Bank, Buaesia to Fklt fl►PWlk Bank FW Worth, N.A. I W610fty me F1111 National Bank of FW WOnh), a! Tluslea. The Bonds to be reGMmed, 16 Iletled by lot by the 71,6121 are dOmtod as lolloVra' ,310 AE 4 C&110 N0"lls D turN L 2013 21~11210~~ Na: 143 Tao NO fur 1445 2112 701 2111 201A 4123 13 1 1212 ui2 y»3/131 1111321 2Ma pMi 2{M 8001 q0 isi1 in312 2163 7Mi 11{81 4201 MMNlred sakes N1alber Amawn Ce1ad ~p~pQ KM 26, I ,.r l 1M mentor of d Mail, of you twnd(s) Is e1 your daue8on. ho,", 1!6 ~q►s lransmi i lneua be p=eAyeerWd'd mul. The Bench so cow 1a r►danl Wn yi1h, as wwnAb * fgpon6 ANNtul py { IdenkOed Jlebw ed And surrenW red fa p1y,*M of m. redempbort Prroe AN the dlfion of the peyh0 e0W4 Handal shill otl/e to IWW dw Boras hereby CW►d (a Hdlmpdp, on dN tedaf,q{pn dAW, and lepiteaWd ryCau'rtulunn06ubaeWMrd to lM redanpeon date shW be rad. UnPUd Vrl/ritlhslANrnsnp 1 WW W this, bC p! / *WI h MW "h9ld on Of WON 10 1W nedem0b)n daW %NW oontlriue to W l upon P1a1M1AW1 and W610a of suoh d0uponl. PAYft AGENT I01100 to: ONB TORS National Sank I 001111. r►sas IS.M-0 01 D"v* W: NCNB Tesae N6NOnel Bank 050 N001 St. PAW - Nh F1odr f - 01N/e, Texas 75201 DOM: November I, I9e8 NCNN TEXAS ItATIONAL rMNK rNs"No NOTION 1. i eeWqryhofdinp of 20%o1 0p7066 r:.Z; ion M000e61 of 1nY pem11n1 made VMlkn IN UANW $Wb1 nMy f Corrlcl liad by tM InlanE alld O'vW1rM Taa Cpnplianoe Act d! IIII uMese CM PAy4q ADAM its, mi CerNSC1t/ of Hie Pay" roa PierN fwni>S I W-ty of amclo" ideftscitboo nrwlibN) o/ dsemtswy, equlveNnt when Pill" Y" lewntbs. MoPsrN C0"'plaw Farm W.4 or eN,ern)Kbn urOlKAte of i I i I n e j~ s.~as T,q nt.y Lf Exhibit H r ,•'^"'S~r~"s+u'-,,,,up,n iouu uudu'lslaCU'.n lnt•reUWll(Iltntr lrrfl'CUr CtlAl.l1U}II'f allare to lllP Marion Labs Hpa rural nfllnr.han'• repro rlnrd I111 refit railed lirr re<h'nlit fun.I)lridrmiearrrued I111Lt5 1. lt)HFi (NYSE; Symbol; AIKC) n the,harer eullyd for rcdrnryltlun ++III be 1u nl ba chrrkn mailed to the reglalerrd huhlen Thereof Low i1I the usu l nmm+er. 43 lW UmwrnA' 21 tOM Anne'd Ihr rvvlilirale, n'pn-enline ghare% of P(eterred S104 cullyd for rr(Jrnlpllou mar he 38 0 L van=lrrre,Iltenreli) 111 it InmIk,uflhrCompan). F 33 21 THAN5CONTIN`ENTAL GAS PIPE LINE 21 Lf CORI'OHATION 20 18 i, I1y11Jf Il WISE I)dird: Ipril 1 F;xerutite Vice Piesfdenl a6 !7 Y d d A 1 0 n 6 i 'B FM T W r 1988 and CAitifFinn ncialOfcer ~I BuAlrSwl Pharinmuncels Yursnd.da *61111499r N 6comu 01111 4 mnUon No lo NOTICE OF CALL FOR - ~ ~ =yg,g tnUhonl Al anb • AhAn 9eeoadganbr,6-W-4-,U97t REDEMPTION OF BONDS N *t u'°°"« la anu a 44" "r 14 coritso on May 1, loss 1 Ar tWh 4r filer torus. 129 96Ah"" DENTON COUNTY HOUSINC FINANCE CORPORATION CammoA tkuyAOn 11o.gmnlion COLLATERAId7,E101, LOANS.TA-LENDERS tk~Adldwnt.d ton+tlKt ROUSING REVENUE BONDS N w A04 1067. SERIFS 1901A. DATED 11/1191 mi- i PLryueot to 14 terms of Seetlon li n(d) of Ih{{ 1'wd 11114 orr and y~ween Benton Cnin,ty The na n Flnctle~(Ymsore Capona,n and f'Im t{rpgtiArNhk Ten Wonh, .A.( rfy rAe Fln1 Na11onJ luiF sts gelgyuesllonofcompetitionfoY ofrutrWOnh),notice isFr,bygvm1,theaMkereamew'dyJN p yl• IlxeJed(p Cardlzem by generlC drugs continues to We,., tram en 4j" 1. Isom, nr asap emlum amount or wopercen (Q%)plw aec Mre ale aalddate. pester the companv,AkhoughAlarlon's a' Thr1110rated roredemdpeuonwflh Ji un~m~atmeddouponflnaohed ,a d hddhr pr~eted „Q it'llt for the drug expired several wears heru61rcBiAJ,.owomhoNApethej,1,1 ell lit&rP rrmffil- me 64 the . rhe6falc brrvils! lt~ie of king ~ 1190,ItWas granted e%clusivlly for the( PUp , urrnr ar tM nsld nn AW Bnndt. J~ . (Diff I{ under the 1YaXmuil•HeICh 1aµ' that ex. dm,ni,u~n 1111c iF II rronillooe ro be rp~~~W~'t'I fin IMo rn obnn prrvnm,ojM Iwneirg,, of s the lorded drug patents n wnt So Merlon holds exclusive rights for the drug until 1992, with the We caveal that a ra"° Alen' company could sell a Compoting drug if 11 Mau m: runt 14pWici anh Poo woos, t(A. rals 7wn rkoa meal repnxiured all 01 Atarlon's pre•ehnlcal and 2r ea 8'X51 Clinical ihlnls and received federal a r Miles, TriarrllAl p INlirer r,i Rrn ReyublleAanl Con N'onh, M.A. proval. Nven bearish analysis say that is Coraamte 7rvn Deparlme nl ' unlikely to occur. SlO h'onh Sr. Paul-Blh floe Still, the uncertainty plagues sonle Ana. Dallas, Tout 151ol " We are concerred aWid recurring (lair' Apal 1, IA45 - rumors aboul the ppoossib1111y of generte r„ t Be phi It Ban it r,ej Werth, v.A. cnnlpelillon to Cnrdlrem," Alerrlll's Mr, assn liuermann asserts. " SIbile we think it's un - likely, we think It night stay in imesfots' molds, i !ns•estols and analysis assn Numbers eapu;hs dis dppnlnunent over a s^ron(i type of ap' Speak louder pm,al fol Cardi2cnl. three Sears Igo they say, ,1larlnn applied For f 5 I oOd an(, than wards. Drug Adminlalrallnll l11)pl oval to I se a V01" ellnl of the drug foi iwpc riension relies. hr r!,inpaliv is 51111 aN VV 911111 i. tt r l li vA. rh v" ' I .all' 1 and j,zhr 't I,I r ` Vn i `r. IIIU~I I1 kt ill R. n+ 1 , 1.Ji t. ! li Hnr t:r 11111 ell 1'6 Y L'IIIIIY l _ 'fed 1 Thistimdy 1 1 h wr r I I::. Aa fundseek5lo ~hNIN lake advanluge of ))lift _ • - changhagbondmarknl5bv t rrnvidin;r.tbdarlcnc~lween f` + uyuy tyy,11 1y1yJJ INNJJ L o 358 C~NO~GI~JSPPU 7YN U8 R~h~CS':i BRB'~~Nng&8P1°an~r~bSbG'~1~KU tl Y- ~ j~.q'la ? N N~ it SJe S~ WN C ~ 8 Il tlxYg#l65E@~x~~5u~?~#E#E65~S~E#~f~E9~~~&9G~~59ra~&~5~!3eva ~ o s §aoosii9igiii!lEiEEi98~oiEE~!i#~#'u~#:ErEiE~#i9~q~, e m O NN NNNwyl yy yy Yy yu ~f ypy~pl ~ DS~ ~ PO ~ NO ~ SO ~ 1~ ~~N~O VN'Oi~PGNO4YC.^iSISPaUPS'j~UY~O~UOO~$'srax~Rvad:~~a E d z o i u uuui;a iiii ' J • ~ ~ ~ O n ~V~.a V..~ MIM iiJ.-~..ii xiserj ~VVVVy~y 494-9 iiii.i951M~ N7:1PM\Y2034gi iiP,iiii 9a xy ss~ • $ E o Mill .0 4 RO R~ CL _ xn~vay as rs s ,i _--1ff ~#b4yMMNiiiMiM5~~5~~iliiili~tli~'BiSEiKiiiiiiii~i®:s'Nc~##MN1913'iE4EEgr~$iIII~S~55d5#~~g~~iE?~~~g$~~#~# #ikiiE##~#EE#iQQ449&i99'~3a?96#AIEEE#~EE$#iE#E~#999n'9~E#~3E#EE#N1EES#6~r#e#~re~9a#~ ca:aER~1 R yy ]~y `~y yyyy yyy !y~`~`~yyyy list tii9Aii9 iiiii~7~il~il glaug~7ii817 m sxxxxEiiiE44iiiii~iE#Ei~i9999S9i6ii~iiilGlii%?1M?Y? I VPUN+ aiJitesxeAexYa s~i iih,iggig&96xu Ka aR 08811-Ili iiilillHIItfiliiiiifflilli9IiiiiiiiiHO iEiEi i ri99i&46i 3 w fill j i ii'fflWeitisNOliliiiiitoiwili~~~aAg'~g~a3 E A ibll~ ll~E199 P~ ~ 1 ~ i11~ ~H MiO iil-IMiAMIliH1§iHii 901 411 RilS »190 i$iei IMM-11 iMiHHH"i"HiM-a iiOx rIt "biy~yi:~i~e e=a~C►09 ii 1 I i II ILI fq l f 1o# A ~o~ Exhibit C to ii D,iNTON COUNTY 1IOUS'ING FINANCE CORPORATION SINGLE FAMILY MORTGAGE RFVENUE BONDS SERIES 1982, DATED 3/1/82 Bonds Outstandin4 as of_4/1~88 CURRENT INTEREST BONDS Maturity Interest Principal Date Rate Outstanding 4/1/89 11.60% $ 100,000 4/1/90 12.10% 100.000 4/1/91 12.35* 130,000 I( 911/92 12.60$ 140,000 4/1/93 12.901 165,000 4/1/94 13.10% 170,000 4/1/2004 13.625$ 2,640,000 r All reserve funds are intact and invested per Investment Agreement with Citicorp, N.A. dated March 1, 1982. Call History Delinquency Information as of 4/1/98 I f Date Amount of Call 30 Days 6 Loans $ 3x112.49 10/01/83 $12,065,000.00 60 Days 4 Loans $ 4070466 04/01/84 $ 425,000.00 90 Days 3 Loans $ 6,040.69 10/01/84 $ 111451000.00 In Foreclosure 3 Loans $23476.61 04/01/85 $ 5650000.00 10/01/85 $ 416000100 Mortgage Rate - 13.56# 04/01/86 $ 1,370,000.00 10/01/86 $ 2x670,000.00 Claims on Pool Insurance as of 4/1/88 04/01/87 $ 1,935,000.00 10 Claims $64,286.13 10/01/87 $ 845,000.00 Lj' 04/01/88 $ 4850000.00 i Outstanding Mortq_aCjs Balance as of 4/1/88 85 Loans $ 3,607,653.99 NCNB TEXAS NATIONAL BANK TRUSTEE ~e'JMr11t~q rw t; Jive% , ~.!e ni r'ynl - SI NOTICE OF CALL FOR REDFMPTION OF BONDS October 1, 1988 MA TON' COUNT!' HOUSING FINANCE CORPORATION SINGLE FAMIJA lstowrGAGF: REVENUE: BONDS SFRIES ID92, DATED )LARCH 1, 1982 I'ittlnJnt to the lemlr Of 514lun 101 of the butt hldeulurr b) and for I -m I (he Urolon Colo Iry9 fousl0g Fi. ante Cugwrallon and R(-NB Tt Ua Nallanal flmk Asug ue from hede,A) Urppatit Inniunce Corppaullan a,HIYn,er of f'intHcpuhlirDent1'111, "'1111 N'.A.(fmmul) the finl N.1hoal iioank of ho41i'mob notice u heaeb) pen Il.at soil S rm or) Pei nripal anwunt of full)' reltltefed bond, shall Lr tilln3 fv rrdnnpuo. on Ormber I ILL", n par pC,s acnved ioietnl to wild dare. In .to"LAnce wllh the prm HlOm of the Lidconur, Ih; ToWty his tcl,vled by lot the folia.mg nnlebfled kondt snit anwunl from. each hand rsllr,l for rnlempllo o. 1lN Not lnlrrml so" .lmuu nl llalurit) Inmuu Bond Amount are .Number tilled _Uale Halr RumLer filled ( l'SIP NU%I HER 445501 ST 1~ ~ (IU51P NIJ1lDRA 14M6 11' 0 , 411959 11.wl. Dr. 115 loom 411991 11.107 P 250 6,000 I l'SIP N7rSIDER 144796 SLRS lit .5.000 HI 990 5,600 291 12.107 HP 160 ID00 PJ 292 Sow AT L'16 SO CIrSIP Ntr%lis iq 918704 DAI I .701 5.000 CU5I P.N l DEA 9 qi% A11 e4-WN 13.625A AL 1741, 31000. 4 6199! 19354 RO 116 .5,0(q Hl. 1611 1.000 He 1.19 .5 .000 HL 1933 5,00 RO 160 5.000 HL 1841 6,000 RC 16' 5.000 AL 1811 20.000 I fsl'SIP V09IRR l49790 AN'4 All U4 3 0.1,100 111,913 14.150'4 AH '20] 5007 E) P11 Oil .50M HE, MI 6,000 NI1 210 5.000 HL 1665 6.000 C2'SIP NCSIDF.R !M7% \Y If 44 3.000 PL 16611 40.000 4 .1•1491 14904 RI It6 heSU HL 1647 IS,170o HI IW ibw AL IST2 72 I 470,00(. 1 RI. 25,000 000 I R 271 t0.000 T he ruin nH of fhl .men t of 'ou r bOnd(I) Ir al )'eu rdiscretf n, hnwhM, .l lugpe u l r n mlllal 6>'ret urrd I o, a Merrd glad. In lpr ratio anv l.ondr .hick ere aegislt,Moe then, t In etern , 1 reaped omounl. the Udanue of that amount x lI~M fru.,td and returned along .Oh ! ehttY for the nl amount. SaW bq;dr should betoC t,wriod for payment et the Coryrer+t l Trust [NAa of "CND Tram Nulomd Ban al eflhrr m rru Hurd Le. on Oclniur 1 1966. aner .Lich date no further inletnl shill arrnu or he an wild bends I, 1Ia11 b. NCNB Thas Nallonal Au,k Y.O. Boa 85501 IMIx Trial TMA5 IMI 1 Dellste la: NCND Tnu National Rank 1Y7 Nortb 51. Paul - Sill floor _ D, Im. Tea as 7.5201 DaMd: September I. 1956 NCND TFAASNATIO,NAI, RANX Trull" NoTICR N'lhholdtng of 204 0(11021 drmrlfor p,,.•reedr r of any pa)meni made wHhba the United Sla1e1 may be rrg9k d byy the Inlereu enW, 1.l0nd fa. Gompihnce Act of I%1 milt. the Paying Alen] has the tovett III` u he PayapNee PiAleMerw ate ton hilnuh a ilso a pr(osocfelpc l) C e ampy le rled em Furo, r pl 55'Id9 enrt8 or eormp wpllonun m cbernu)6calr or or a or an lelonulaslenl .h Altet %hof en ` prf RnllnB )our rrcurlllrs j i I i i i ) y lrVY.a1 Exhibit D NOTICE OF CALL FOR REDEMPTION OF BONDS December 28, 1988 DENTON COUNTY HOUSING FINANCE CORPORATION DEVELOPMENT REVENUE BONDS (SCRIPTURE OAKS DEVELOPMENT) SERIES 19830 DATED DECEMBER It 1983 Pursuant to the terms of Section 2,07(b) of the Trust indenture by and between the Denton County ]lousing Finance Corporation and NCNB Texas National Bank, Successor to First RepublicBank Fort Worth, N.A. (formerly lnterFirst Bank Fort Worth, N.A.), notice Is hereby given that the entire principal amount of $8,750,000.00 of fully registered bonds shall be called for redemption on December 28, 1988, at par plus accrued interest to said date. The amount of accrued interest payable per $5,000,90 principal amount will t•3 $36.09. l~ 1 The manner of shipment of your bond(s) is at your dfacration, however, we suggest transmittal by Insured or registered mail. Said bonds should be Rs presented for payment at the Corporate Trust Office of NCNB Texas National Bank to either address listed below on Dec mber 2t, 1988, fter which date no further Interest shall accrue or be paid on said bonds. Mail to: NCNB Texas National Bank P.O.Box 830501 Dallas, Texas 75283-0601 Deliver to: NCNB Texas National Bank 350 North St. Paul - 8th Floor I Dallas, Texas 75201 Dated: December 5, 1988 s I NCNB TEXAS NATIONAL BANK Trustee i NOTICE j Withholding of 20% of gross redemption proceeds of any payment made within the United States may be required by the Interest and Dividend Tax Compliance Act of 1983 unless the Paying Agent has the correct taxpayer identification number (social security or employer Identification number) or exemption certificate of the Payee. Please furnish a properly completed Form W-9 or exemption cortificate or equivalent when presenting your securities. t j r~ Exhibit E If it r i NOTICE OF CALL FOR REDEMPTION OF BONDS February 25, 1988 DENTON COUNTY HOUSING FINANCE CORPORATION MULTIFAMILY HOUSING REVENUE BONDS (CERTIFICATE OF DEPOSIT PROGRAM) SERIES 1983-D, DATED APRIL 1, 1983 ALAMO SAVINGS ASSOCIATION OF TEXAS Pursuant to the terms of Section 3.01 of the Trust Indenture by and between the Denton County Housing Finance Corporation and First RepublicBank Fort Worth, N.A. (formerly The First National Bank of Fort Worth), notice Is hereby given that the entire principal amount of $8,225,000.00 of fully registered bonds shall be called for redemption on February 25, 1988, at par plus accrued interest I to said date. Said bonds should be presented for payme:a at the principal Corporate Trust Office of First RepublicBank Fort Worth, N,A, at the address listed below on February 25, 1988, after which date no further Interest shall accrue or be paid on said bonds. f Mail to- First RepublicBank Fort Worth, N.A. P.O. Box 83854 k Dallas, Texas 75283 Deliver to: First RepublicBank Fort Worth, N.A. j j 350 North St. Paul - 8th Floor A i Dallas, Texas 75201 Dated: February 10, 1988 FIRST REPUBLICBANK FORT WORTH, N.A. Trustee i Exhibit F DENTON COUNTY HOUSING FINANCE CORPORATION SINGLE FAMILY MORTGAGE REVENUE BONDS SERIES 1984, DATED 7/l5184 Bends Outstanding as of l/l/88 CURRENT INTEREST BONDS COMPOUND INTEREST BONDS MATURED VALUE Maturity Interest Principal Maturity Principal Date Rate Outstanding Date Outstanding 7/1/88 8.75% S 90,000 7/1/95 $ 200,000 1/1/89 9.00% 90,000 7/1/96 210,000 7/1/89 9600* 100,000 7/1/97 2400000 1/1/90 9.25% 100,000 7/1/98 146,000 1 7/1/90 9.25% 110,000 1/1/99 245,000 1/1/91 9.50$ 110,000 7/1/2000 255,000 7/1/91 91504 130,000 7/1/2001 300,000 1/1/92 9.7F% 130,000 7/1/2002 305,000 7/1/92 9.75% 145,000 7/1/2003 315,000 1/1/93 10.00% 145,000 7/1/2004 310,000 7/1/93 10.00% f 175 . 000 1/1/2016 7, 920,OOq 1/1/94 10.20% 1.00,000 7/1/94 10.20% 120,000 1/1/95 10.40% 125,000 ; 1/1/96 10.60% 145,000 f l/l/97 10.75 150,000 1/1/98 10.90% 175,000 1/1/99 11.00* 195,000 1/1/2011 11.75% 6,495,000 All venerve fundL are intact and invested per Investment Agreement with Mercantile National Bank at Dallas (MBank Dallas) dated July 16, 1984. Call Histor y Delinquency Information as of 1/1/88 Date Amount of Call 30 Days 6 Loans $396,497.82 60 Days 3 Loring $198,066,97 2/1/86 $110614,715.35 90 Days 9 Loans $649,762.06 1/1/87 $ 11187,008.20 In Foreclosure 7 Loans $468,179.60 7/1/87 $ 2,132,587.20 1/1/88 $ 1,130,879.05 Mortgage Rate - 12.00% Outstandinq Mortgage Balance as of 11/88 146 Loans $9,568,952.87 Claims on Pool Insurance as of 1/1/88 0 Loans FIRST REPUBLICOANK FORT WORTH, M.A. TRUSTEE ,xr;mr~ "y C NOTICE OF CALL FOR REDEMPTION OF BONDS l January 1, 1989 DENTON COUNTY HOUSING FINANCE CORPORATION SINGLE FAMILY MORTGAGE REVENUE BONDS SERIES 1984, DATED 7/15/84 Pursuant to the terms of Section 3.01 of the Trust Indenture by and between the Denton County Housing Finance Corporation and NCNB Texas National Bank, Successor to First RepublicBank Fort Worth, N.A. {formerly InterFirst Bank Fort Worth, N.A.), notice is hereby given that $531,661.20 principal amount on Current Interest Paying Bonds and compounded amount on Compound Interest Bonds shall be called for redemption on January 1, 1989, at par plus accrued interest to said date on Current Interest Paying Bonds and at the compounded amount on Compound Interest Bonds. In accordance with the provisions of the Indenture the Trustee has selected by lot the following numbered bonds and amount from each bond called for redemptions CURRENT INTEREST PAYING BONDS Maturity Interest Bond Amount Maturity Interest Bond Amount Date Kate Number Called Date_ Rate , Number 0"ed CUS'.P #248796 BL 7 CUED' #248796 BIM 3 "'1/89 9.00% RBL 987 $ 50000 7/1/94 10.20% R 1943 b,1100 I 3 ' 17USIP 0248796 BM 5 CUSIP #2487% BX I 111/90 9.25% RBM 203 5,000 1/1/95 10.40% R 1822 5,000 { , j CUSH) 02487% BN 3 CURD #248796 BZ 6 t ! 7/1/90 9125% RBN1008 50000 1/1/98 10.60% R 1711 50000 R 1716 5,000 i CUSIP #248796 BP 8 i 1 1/1/91 9.50% RBP 277 51000 CUSIP #248796 CB 8 1/1/97 10.76% R 1812 100000 ! CUSIP 0248796 BQ 8 ! 7/1/91 9.50% R 1961 5,000 USIIP 8' #248706 CD 4 RCA 701 6,000 s CUSIP #248796 OR 4 R 1901 5,000 1/.1/92 9.75% RBR 316 50000 CUSIP #248798 CF 9 CUSIP #248748 BS 2 1/1/99 11.00% R 1813 60000 f ! 7/1/92 9.75% R 1860 51000 R 1824 51000 R 1917 51000 CUEUP #248'96. CM 2 DR 673 b,000 CUSIP #248786 BT 0 1/1/2011 DR 683 10,000 1/1/93 10.00% R 1879 10,000 DR 684 59000 CUSIP #248796 BU 7 DR 878 59000 7/1/93 10.00% R 1843 5,000 DR 883 320,000 11 1881 5,000 R 1938 10,000 CUSIP 0248796 BV 5 j 1/1/94 10,20% R 18' 0 5,000 J i COMPOUND INTEREST BONDS i , Total Total ! ,laturity f3ond Value Compounded Maturity Band Value Compounded Dote _ Number, Called Amount Date Number Coiled Amount 3U31P #248798 BY 9 CUSIP #248796 CA 0 ! 1/1/95 R 1642 $ 6,000 $ 20531.50 7/1/98 R 1298 $ 59000 $ 2,239.66 R 1661 5 R 1843 5)0()() 21531.50 1000 2,239.65 c COMPOUND INTEREST BONDS l Total Total laturity Bond Value Compounded Maturity Bond Value Compounded _Date Number Called Amount Date Number Called Amount CUSIP #248796 CC 6 CUSIP #2487% CM 4 7/1/97 R 1523 $ 5,000 $ 11988.05 7/1/2004 R 1637 $ 5,00n $ 951.90 R 1623 50000 1,988.05 R 1680 5,000 851,90 R 1644 5,000 1,988.05 CUSIP #248796 CP 7 CUSIP 0248796 CE 2 1/1/2016 CR1973 $ 51000 $ 201.80 7/1/1.18 R 1606 5,000 1,775.60 CR2069 51000 201.80 R 1654 5,000 10775.60 CR 2135 5,000 201.80 R 1676 5,000 19775.60 CR2136 25,000 1,009.00 CR2143 5,000 201.80 CUSIP #248796 CO 7 CR2168 10,000 403.60 7/1/99 RCG426 5,000 10584.45 CR2180 51000 201.80 R 1628 50000 1,584.45 CR2192 59000 201.80 R 1641 5,000 11584.45 CR2193 5,000 201.80 CR 2209 50000 201.90 CUSIP #248708 CII 5 CR2221 5,000 201.80 7/l/2000 R 1328 51000 1,404.80 CR2244 10,000 403.60 R 1390 59000 1, 404.80 CR 2247 20,000 807.20 R 1554 5,000 1,404.80 CR2250 51000 201.80 i-- CR2252 50000 201.80 r CUSIP #248796 Cd 1 CR2254 10,000 403.60 7/1/2001 RCJ597 5,000 11243.15 CR2260 50000 201.80 R 1677 100000 2,486.30 CR2268 102000 401•.60 CR2287 10,000 403.60 CUM #248796 CK 8 CR 2295 69000 201.80 7/1/2002 RCK597 5,000 11098.05 CR 2301 309000 10210.80 R 1491 50000 11098.05 CR 2302 15,000 605.40 R 1647 5,000 1,098.05 CR2303 25,000 10009.00 CR2305 360000 1,412.60 CUSIP #2487% CL 6 CR2300 100000 403.60 E 7/1/2003 ACL819 51000 968.10 CR2311 5,000 201.80 R 1354 61000 968.10 CR 2312 50000 201.80 R 1497 50000 968.10 CR 2314 50000 201.80 R 1679 5,000 968.10 CR 2316 59000 201.80 CR2318 16,000 605.40 CMW #248796 CM 4 CR 2320 6.000 201.90 I 7/1/2004 R 1364 50000 851.90 CR2322 26, JO 807.20 R 1636 5,000 851.90 CR2325 100,00 4,036.00 The manner of shipment of your bond(s) is at your discretion, however, we suggest transmittal by insured or registered mRII. In the case of any bonds which are registered - for an amount in excess of the called amount, the balance of that amount will be reissued r and returned along with a check for the called amount. Said bonds should be presented for payment at the Corporate Truet Office of NCNB III Texas National Bank to either address listed below on January 1, 1989, after which date no further Interest shall accrue or be paid on said bonds. Mall to: NCNB Texas National Rank P.O. Box 830501 ' Dallas, Texas 76283-0301 Deliver to: NCNB Texas National Bank 350 North St. Paul - 8th Floor Dallas, Texas 75201 ; Dated: December 2, 1988 r 1 NCNB TEXAS NATIONAL BANK Trustee NOTICE Withholding of 20% of gross redemption proceeds of any payment made within the United States may be required by the Interest and Dividend Tax Compliance Act of 1983 unless the Paying Agent has the correct taxpayer identification number (social socurity or employer identification number) or exemption certificate of the Payee. Please furnish a properly completed Form W-9 or exemption certificate or equivalent when presenting your securities. DENTON COUNTY HOUSING FINANCE CORPORATION SINGLE FAMILY MORTGAGE REVENUE BONDS SERIES 1984, DATED 7/15/84 Bonds Outstanding 3s of 7/1/88 i CURRENT INTEREST BONDS Maturity Interest Principal Maturity Interest Principal Date Rate Outstanding Date Rate Outstanding 1/1/89 9.00$1 $ 90,000 7/1/93 10.00- 170,000 7/1/89 9.004 100,000 1/1/94 10.20% 100,000 1/1/90 9.25% 100,000 7/1/94 10.20% 115,000 7/1/90 9.26k 105,000 1/1/95 10.40% 120e000 r- 1/1/91 9.50% 105,000 1/L/96 10.60* 140,000 7/1/91 9.50% 125,000 1/1/97 10.751 146,000 ! 1/1/92 9.75% 125,000 1/1/98 10.904 1700000 7/1/92 9.75% 140,000 1/1/99 11.00% 1900000 1/1/93 10.00# 140,000 1/1/2011 11.75% 6,310,000 ! COMPOUND INTEREST BONDS MATURED VALUE Maturity Principal Maturity Principal Date Outstandin Date Outstanding 7/1/95 $ 196,000 7/1/2001 $ 296FOOO ! 7/1/96 206,000 7/1/2002 300"000 7/1/97 236,000 7/1/2003 306"000 7/1/98 240,000 7/1/2004 305,000 7/1/99 240,000 1/1/2016 7,706,000 j 7/1/2000 260,000 All reserve funds are intact and invested per Investment Agreement with EE Mercantile National Bank at Dallas (MBank Dallas) dated July 16" 1984. I ~ Call History Delinquency Information an of 7/1/88 Date Amount of Call 30 Days 4 Loam" $ 2610447.10 2/1/86 $11,614,715.36 60 Days 1 Loan $ 78tO42.71 1/1/87 $ 1,187,008.20 90 Days 7 Loans $ 512,1Q6.74 7/1/87 $ 2,132,687.20 In Noreclosure 11 Loans $ 743,358.34 L/1/88 $ 1,130,879.05 7/1/88 $ 263,943.80 Mortgage Rate 12.00% Outstanding Mortgage Balance na 91_2Li/~8 141 Loans 9,214,752.25 Claims on Pool Insurance as of 711/68 2 Loans $ 16,000.44 This is for your information only. We are providing this in restponstt to numerous requests for the release of this data, in order that we might make it available to all bondholders, without priority. NCNB TEXAS NATIONAL BANK f TRUSTEE i vtrµT[`r{ it , * A 1 Exhibit G . 1 i UF.NTON COUNTY f10US1NG FINANCE CORPORATION SIN+-,[,E FAMILY MORTGAGE REVENUF BONDS SFRIFS 1985, DATED 3/15/95 Bonds Outstanding as; of 3/1/88 CURRENT INTEREST BONDS Maturity Interest Principal Maturity Interest Principal - Date Rate_ Outstanding Date Rate Outstanding 9/i/88 7.101: S 175,000 9/1/93 8.70% $ 325,000 311189 7.60% 210,000 3/1/94 8.80% 290,000 9/1/89 7.6015 195,000 9/1/94 8.80% 280,000 3/1/90 7.903 240,000 3/1/95 8.90% 336,000 9/1/90 7.90% 225,000 3/1/96 9.20% 370,000 3/1/91 8.25% 100,000 3/1/97 9.404 300eOOO 9/1/91 8.25% 255,000 3/1/98 9.50% 330,000 i I 3/1/92 8.50% 205,000 3/1/99 9.60% 370,000 9/1/92 8.503 285,000 3/1/2000 9.70% 4000000 3/1/93 8.70% 245,000 9/1/2005 10,00% 5,3100000 r' COMPOUND INTEREST BONDS MATURED VALUE Maturity Principal Maturity Principal Date Outstanding Date Outstanding 9/1/95 $ 900,000 9/1/99 $ 390,000 j 9/1/96 395,000 9/1/2000 395,000 9/1/97 395,000 9/1/2011 150000,000 9/1/98 390,000 I] All reserve funds are intact and invested per Investment Agreement with ! Citicorp, N.A. dated April 11, 1985. Call History Delinquency Information as of 3)1/88 J Date Amount of Call_ 30 Days 3 Loans $167,055.21 I 5/1/86 $11,423,826.38 60 Days 0 Loans -0 3/1/87 $ 1,165,335.19 90 Days 0 Loans .O- i 9/1/87 $ 513,838.15 In Foreclosure 4 Loans $233,527.02 3/1/88 $ 176,895.91 Mortgage Rate - 10.804 Outstanding Mortgage Balance as of 3/1/88 176 Loans $11,305,824.23 There io no pool insurance on this bond program, The bonds are insured antler the Municipal Bond guaranty Insurance Policy with Municipal Bond Insurance y Association dated April 11, 1985. i NCNB TEXAS NATIONAL, BANK TRUSTEE S Ut 1h~8' 1.4 6's 1r i3 Yf NOTICE OF CALL FOR REDEMPTION OF BONDS September 1, 1988 DENTON COUNTY HOUSING FINANCE CORPORATION SINGLE FAMILY MORTGAGE REVENUE BONDS SERIES 1885, DATED MARCH 16, 1985 Pursuant to the terms of Section 3.01 of the Trust indenture by and between the Donlon County Housing Finance Corpo•atlon and First RepublicBank Fort Worth, N.A. (formerly IntarFirst Bank Fort Worth, N.A.), notice is hereby given that $374,927.80 principal amount of fully registered bonds shall be called for redemption on September 1, 1988, at par plus accrued Interest to sald date on Current Interest Paying Bonds and at the compounded amount on Compound Interest Bonds, In accordance with the provisions of the Indenture, the Trustee has selected by lot the lolloMng numbered bonds and amount from each bond called for redemption: CURRENT INT 01" PAYING PONDS Me" Inbn.l Bond Amount Mexxily IMM.I Bond AMOUM Dole R_NO NVmber calked 00to Row N~ 06M CUSIP NUMBER 248797 AF 1 CU91P NUMBER 144797 AU 6 31.1949 7.60% 3513 6,000 ?-11998 9.20% W 6.000 CUIIP NUMBER 244767 AO 7 30,19 5.000 9.1.19" 7.60% 3725 61000 3716 6,000 CUW NUMKR 248711 AN S CU&P NUMBER 244711 AW 2 1.1-1990 7.90% 3067 5.000 3114997 9.10% 3426 6,000 ' 3670 6.000 3134 6,000 CUSIP NUMER 249717 AJ I COW NUMBER 244797 AY 0 0.14900 Tw% 1795 6,000 34.12" 9.60% 2770 6,000 1 3174 5,000 3736 6,000 Cum NUMaIR 20717 Ax 1 CU" NUMBER 207971/A 6 34.1991 026% 3677 6,000. 3.1 110" 9.60% 2876 6000 I'AMP NOMaIR 20117 AL 6 37" 10,000 . 0.11991 625% 3701 10,000 CU61P NUMBER 244707 IC 6 CLAIM!, WJVMR 19W 40% 207 AMW 5000 3'/•000 9,70% 31307 SAW f 3 219 5.000 CUEIP NUMBER 20M AN 2 3139 6,400 9.1.1902 03389 6,000 CUW W AM" 244' it al I 3711 6,006 0.12006 10.00% 2413 6,000 CUR NUMBER MM AP 7 3561 6,400 ' 311.1013 670% 3006 10,000 3616 6,000 CuBR NUMBER 207" AD 6 3741 6,000 GI•r0e3 a.70% 3726 5,000 370 6000 3W 3764 10.00 COW IRImm *W" AR 1. 6,000. 3w 26,000 3-1 -110114 0.00% 3207 6.000 3816 10,000 { cWR NUMBER 2447" 0031200 610011 W7 OA000 0.1.1901 0.60% 3216 5.000 3008 20,000 f 3827 6.000 300 6,000 cUR "Vamp 01,17 A6 1 305 6.000 3.1-IM 6.00% 3637 6,000 3730 3,000 COmpoo DNRIPEBT SON" TAW T9W McB,My Bend V" CowpaPWM ii I, are VMw C"W"wdM i O." N- CIO" AMMPA Dole Nweu Cali A,ea,wI A CWNP KW" 20161 A71 CUR NUMBER 246M RE 6 3 , [ 04.1906 2592 6,000 2318191 9.14900 1411 6.000 1192966 2217 6000 2.661481 1612 6,000 1,429.85. CUR wimo a 207" AV 4 CU" KWER 2071/ M 7 9.1.1196 1603 5,000 2,39712 01.1001 7021 6,000 1,736.35 2104 6000 2,397.62 rise 6.000 03645 + CUR N *KA 20"7 AX 0 CUR WAAmR 20117 M 3 0.1.1001 1443 6,000 2.150.12 0.1.2000 Iwo 300 1,669.16 low 5.000 21160.12 2203 6,660 1.608.16 The manner of ahipment of your bond; s) Is al your dlsoretlon, however, we suMat transmittal by Insured or registered maif, in the case of any bonds which are raplstered for an amount in excess of the called Amount, ft belar6oo of that amount will be reissued and returned along with a check for the Called amount. Said bonds should be pfetented for payment at the Corporate Trust ONO of First RApubIlaBAnk Fort Worm, N.A, to either address listed below on 1 SaptAmber 1, 1986, shot which date m further Interest shall accrue or be paid on Bald bonds. Mall tot First RepubHcBank Fort Worth, N,A. P.O. Box 83501 Dallas, TaxA6 76283^3501 DeNver to: First RepublicBank Fort Worth, N.A. 350 North St. Paul - 8th Floor Dallas, Texas 76201 Dated; August 2, 1968 FIRST REPUBLICBANK FORT WORTH, N.A. 'Trustee .k~ ,.1 f~ a Ti ti.. IE N i A rl j I ~ Ft F I L IE r,'