Statements EFTA00196403

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BEAR OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue STEARNS _——-" 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE wow.bearstearns.com FINANCIAL TRUST CO INC ATT F,1, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE) REPURCHASE PRICING PURCHASE PRICEY ACCAUED REPO QUANTITY START DATE _DATE RATE PRINCIPAL INTEREST" (FACE AMOUNT) YOU SOLD (REPO) 02/04/05 __ OPEN 0.000 -1 -17,600,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD July 30, 2005 THROUGH August 31,2005 account nuvecr TAXPAYER NUMBER On File LAST STATEMENT duly 29, 2005 GOVERNMENT NATIONAL MTG ASSOC 38374FDB7 SERIES 2004-5 CLASS P_ 3.3406 02/20/33 "As of statement date \ —/ * End of Statement****** This summary is for informational purposes only. It Is not intended as a tax document ‘This statemem should be retained for your records. See reverse side for important information (08/01/05;13:28 001 Vass EFTA00196404

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 09/01/08;13:28 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vases EFTA00196405

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BEAR OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue STEARNS _—— 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE wow.bearstearns.com FINANCIAL TRUST CO INC ATT F,1, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE) REPURCHASE PRICING PURCHASE PRICEY ACCAUED REPO QUANTITY START DATE _DATE RATE PRINCIPAL INTEREST* (FACE AMOUNT) YOU SOLD (REPO) 02/04/05 __ OPEN 0.000 -1 -17,600,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO July 1, 2005 THROUGH July 29, 2005 accout Nuvecr TAXPAYER NUMBER On File LAST STATEMENT June 30, 2005 GOVERNMENT NATIONAL MTG ASSOC 38374FDB7 SERIES 2004-5 CLASS P_ 3.5200 02/20/33 "As of statement date \ —— * End of Statement****** This summary is for informational purposes only. It Is not intended as a tax document ‘This statemem should be retained for your records. See reverse side for important information 07/30/05;10:08 001 Vass EFTA00196406

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/30008;10:03 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vases EFTA00196407

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BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD June 1, 2005 THROUGH June 30, 2005 accout nuvecr TAXPAYER NUMBER On File VISIT OUR WEBSITE www.bearstearns.com Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us. LAST STATEMENT May 31, 2005 FINANCIAL TRUST CO INC ATT FI, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear,Stearns& Co.Inc. outstanding as of date of statement PURCHASE! REPURCHASE PRICING PURCHASE PRICEY AGCAUED REPO QUANTITY START DATE DATE PATE PRINCIPAL INTEREST* (FACE AMOUNT) cusp DESCRIPTION GOVERNMENT NATIONAL MTG ASSOC 38374FDB7 SERIES 2004-5 CLASS P_3.6900 02/20/33 YOU SOLD 02/04/05 _ OPEN -17,600,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 *As of statement date This summary is for informational purposes only. It bs not intended as a tax document ‘Ths statemem should be retamed for your records. See reverse side for important mformation 027 07/01/08;10:42 001 vasaiP EFTA00196408

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New = New York 10179 BEAR STEARNS 2 of3 Your messages iw Bear Stearns receives payments or other remuneration from the advisers, distributors or other affiliates of certain of the mutual funds available through Bear Stearns, Such payments or remuneration are for administrative, technological or other services provided in connection with fund accounts and are generally calculated based on the amount of assets held in the accounts, Such payments or other remuneration are in addition to shareholder servicing and distribution fees that Bear Stearns may receive. Funds whose affiliates do not make payments to Bear Steams, including funds that may pay a higher or lower return, may be available to you, ice if Bear Stearns makes changes in any of the credit terms and conditions described herein or if a change is required by law, we will notify you of such change within a reasonable period of time, unless such change results in the same or a higher rate to you, in which case we will provide you at least 30 days prior written notice, The annual rate of interest you are charged is tied to the Bear Stearns Margin Basis Rate, the Bear Stearns Fed Funds Rate or LIBOR and may fluctuate with those rates, The changes in rates resulting from this fluctuation will be made without prior notice to you (as contrasted with changes in the credit terms and conditions, notice of which will be provided as described above). Except as described above, the Truth in Lending disclosure previously provided to you remains in effect, CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO June 1,2005 THROUGH June 30, 2005, accout Nuecr TAXPAYER NUMBER On File LAST STATEMENT May 31,2005 | NOTICE OF CHANGE PURSUANT TO TRUTH IN LENDING SEC RULE 10b-16 Effective no earlier than thirty (30) days from your receipt of this statement, the annual rate of interest charged on any credit extended to you by Bear Stearns for the purpose of purchasing, carrying or trading in any security or other property shall be based on either the Bear Stearns Margin Basis Rate, the Bear Stearns Fed Funds Rate or the London Interbank Offering Rate ("LIBOR’), as notified to you upon request, The Bear Stearns Margin Basis Rate will be quoted daily by Bear Stearns at our main office in New York, Factors affecting the determination of the Bear Stearns Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that Bear Stearns is charged for borrowing money, The Bear Stearns Fed Funds Rate is the rate for U.S. dollar funds, as quoted by an independent broker of such funds selected by Bear Stearns for the last transaction completed prior to 9:30 a.m, (Eastern Time) on the business day on which such rate is determined, The annual rate of interest will be no more than 3% above the Bear Steams Margin Basis Rate or 4% above either the Bear Stearns Fed Funds Rate or LIBOR and will appear on your monthly statements, 027 07/01/08;10:42 001 vasalP EFTA00196409

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3 of3 STATEMENT BACKER IS PRINTED ON THIS PAGE 07/01/08;10:42 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vasalP EFTA00196410

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BEAR OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue STEARNS a" 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE www.bearstearns.com FINANCIAL TRUST CO INC ATT F,1, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE) REPURCHASE PRICING PURCHASE PRICEY ACCAUED REPO QUANTITY START DATE _DATE RATE PRINCIPAL INTEREST* (FACE AMOUNT) YOU SOLD (REPO) 02/04/05 _ OPEN 0.000 -1 -17,600,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD April 30,2005 THROUGH May 31, 2005 accout Nuvecr TAXPAYER NUMBER On File LAST STATEMENT April 29, 2005 GOVERNMENT NATIONAL MTG ASSOC 38374FDB7 SERIES 2004-5 CLASS P_ 3.8600 02/20/33 “As of statement date \ ——/ * End of Statement*™***** This summary Is for informational purposes only. It Is not intended as a tax document ‘This statemem should be retained for your records. See reverse side for important information (06/01/05;08:08 001 vara EFTA00196411

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE (06/01/05;09:03 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC vara EFTA00196412

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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. BEAR 383 Madison Avenue STEARNS New York, New York 10179 a ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE www.bearstearns.com FINANCIAL TRUST CO INC ATT F,1, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE) REPURCHASE PRICING PURCHASE PRICEY ACCAUED REPO START DATE _DATE RATE PRINCIPAL INTEREST* YOU SOLD (REPO) 02/04/05 __ OPEN 0.000 -1 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 QUANTITY (FACE AMOUNT) -17,600,000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOD April 1, 2005 THROUGH April 29, 2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT March 31,2005 cUsP DESCRIPTION GOVERNMENT NATIONAL MTG ASSOC 38374FDB7 SERIES 2004-5 CLASS P_ 3.9500 02/20/33 “AS of statement date (stor ****** End of Statement™***** A \ — This summary is for informational purposes only. It Is not intended as a tax document This stateemt should be retamed for your records. See reverse side for important information (04/90105;11:24 001 VaT? EFTA00196413

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE (04/90/08;11:24 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC EFTA00196414

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Bear, Stearns Securities Corp. Bear, Stearns & Co. Inc. One Metrotech Center North 383 Madison Avenue Brockiyn, New York 11201-3859 STEARNS New York, New York 10179 | st FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PERIOD March 1, 2005 VISIT OUR WEBSITE www.bearstearns.com THROUGH March 31,2005 accout nuvecr TAXPAYER NUMBER On File LAST STATEMENT February 28, 2005 FINANCIAL TRUST CO INC ATT F,1, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE! REPURCHASE PRICING PURCHASE PRICEY ACCAUED REPO QUANTITY START DATE DATE RATE PRINCIPAL INTEREST" (FACE AMOUNT) cus DESCRIPTION YOU SOLD GOVERNMENT NATIONAL MTG ASSOC (REPO) 02/04/05 _ OPEN 0.000 A -17,600,000 __38374FDB7 _ SERIES 2004-5 CLASS P_4.1000 02/20/33 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 “As of statement date (stor **e*** End of Statement™***** / \ —/ This summary is for informational purposes only. It Is not intended as a tax document This statement should be retained for your records. See reverse side for important information 027 04/01/05,08:49 001 Va76 EFTA00196415

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/01/05;09:49 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC va7ré EFTA00196416

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BEAR OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue STEARNS _——-" 10179 ACCOUNT EXECUTIVE GNMA GOVT BOND VISIT OUR WEBSITE wow.bearstearns.com FINANCIAL TRUST CO INC ATT F,1, CLEARING SERVICES 1 METROTECH CENTER N C/O OFFICE Repurchase and Reverse Repurchase Transactions with Bear, Stearns& Co.Inc. outstanding as of date of statement PURCHASE) REPURCHASE PRICING PURCHASE PRICEY ACCAUED REPO QUANTITY START DATE _DATE RATE PRINCIPAL INTEREST" (FACE AMOUNT) YOU SOLD (REPO) 02/04/05 _ OPEN 0.000 -1 -17,600,000 TOTAL REVERSE REPURCHASE TRANSACTIONS $0 $0 TOTAL REPURCHASE TRANSACTIONS $-1 $0 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC STATEMENT PERIOO February 1, 2005 THROUGH February 28,2005 accout Nuvecr TAXPAYER NUMBER On File LAST STATEMENT October 29, 2004 GOVERNMENT NATIONAL MTG ASSOC 38374FDB7 SERIES 2004-5 CLASS P 4.3518 02/20/33 "As of statement date \ ——/ * End of Statement****** This summary is for informational purposes only. It Is not intended as a tax document ‘This statemem should be retained for your records. See reverse side for important information 04/01/08;11:08 001 va72 EFTA00196417

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2 of2 STATEMENT BACKER IS PRINTED ON THIS PAGE 04/01/08;11:08 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST CO INC var2 EFTA00196418