Attached, in Word format, are the closing documents for the Hawaii II
transaction. Each of the documents has been marked to show changes from
the prior version, with the following exceptions: (i) the Series
Certificate and Omnibus Amendment for McGarret A are clean and (ii) the
Series Certificates and the Omnibus Amendments for McGarret C and D are
marked against the comparable McGarret A documents.

The documents are identified as follows:

* Closing Checklist (266026)
* Second Amended and Restated Trust Agmt (265272)
* Beneficial Interest Certificate (265276)
* Distribution Agreement (265277)
* Subscription Agmt (265278)
* Ex. H to Facility Agmt (Transfer and Auction Agmt) (266163)
* Ex. I, Part A to Facility Agmt (Asset LLC Agmt) (266143)
* Ex. I, Part B to Facility Agmt (Transferor LLC Agmt) (266137)
* Omnibus Amendment (McGarret A) (266755)
* Omnibus Amendment (McGarret C) (266950)
* Omnibus Amendment (McGarret D) (267037)
* Letter Agmt re: Equity Commitment (267979)
* Replacement Series Certificate (McGarret A) 268572)
* Replacement Series Certificate (McGarret B) (268675)
* Replacement Series Certificate (McGarret D) (268676)


 - 265272.wpd
 - 265276.wpd
 - 265277.wpd
 - 265278.wpd
 - 266026.wpd
 - 266137.wpd
 - 266143.wpd
 - 266163.wpd
 - 266755.wpd
 - 266950.wpd
 - 267037.wpd
 - 267979.wpd
 - 268572.wpd
 - 268675.wpd
 - 268676.wpd