UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10 K
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended December 31, 2002
Or
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934
For the transition period from ________to _______
Commission file number 333 42127
ABN AMRO Mortgage Corporation (as depositor under the Pooling and Servicing Agreement, Dated as of March 1, 1998 providing for, inter alia, the issuance of ABN AMRO Mortgage Corporation Mortgage Pass Through Certificates Series 1998 1)
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
363886007
(I.R.S. Employer Identification No.)
181 West Madison Street, Chicago, Illinois
(Address of principal executive offices)
60602
(Zip Code)
Registrant's telephone number, including area code: (248) 643 2530
Securities registered pursuant to Section 12(b) of the Act: None
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes [ X ] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S K (~229.405 of this chapter)is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10 K or any amendment to this Form 10 K.
Not Applicable
State the aggregate market value of the voting and non voting common equity held
by non affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the common equity was sold, or the
average bid and asked prices of such common equity, as of a specified date
within 60 days prior to the date of filing. (See definition of affiliate in Rule 405, 17 CFR 230.405.)
Not Applicable
APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPCTY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
Not Applicable
(APPLICABLE ONLY TO CORPORATE REGISTRANTS)
Indicate the number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practicable date.
Not Applicable
DOCUMENTS INCORPORATED BY REFERENCE
List hereunder the following documents if incorporated by reference and the Part of the Form 10 K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders: (2) Any proxy or information statement: and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).
PART I
Item 1. Business.
Not applicable
Item 2. Properties.
Not applicable
Item 3. Legal Proceedings.
The registrant knows of no material pending legal proceedings involving
the trust created under the Pooling and Servicing Agreement (the Trust),
the Trustee, the Servicer or the registrant with respect to the Trust
other than routine litigation incidental to the duties of the respective
parties.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
PART II
Item 5. Market for Registrant's Common Equity and Related Stockholder
Matters.
Not applicable.
Item 6. Selected Financial Data.
Not applicable.
Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operation.
Not applicable.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
Not applicable.
Item 8. Financial Statements and Supplementary Data.
Not applicable.
Item 9. Changes in and Disagreements With Accountants on Accounting and
Financial Disclosure.
None.
PART III
Item 10. Directors and Executive Officers of the Registrant.
Not applicable.
Item 11. Executive Compensation.
Not applicable.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Not applicable.
Item 13. Certain Relationships and Related Transactions.
Not applicable.
PART IV
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8 K.
(99.1) Annual Independent Accountant's Servicing Report for the year ended
December 31, 2002.
(99.2) Report of Management as to compliance with minimum servicing standards
for the year ended December 31, 2002.
(99.3) Annual Statement of Compliance for the year ended December 31, 2002.
(99.4) Aggregate Statement of Principal and Interest Distributions to
Certificateholders as of December 31, 2002.
(B) Reports on Form 8 K were filed during the last quarter of 2002 in order to provide statements for the monthly distributions to investors on October 25, 2002, November 25, 2002, and December 26, 2002.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
ABN AMRO Mortgage Group, Inc.
as Servicer for ABN AMRO Mortgage Corporation
Mortgage Pass Through Certificates, Series 1998 1
By: /s/ Mary P. Sperlik
Mary P. Sperlik
First Vice President,
ABN AMRO Mortgage Group, Inc. as Servicer for ABN AMRO Mortgage Corporation
Date: March 27, 2003
Certification
ABN AMRO Mortgage Corporation
Mortgage Pass Through Certificates, Series 1998 1
I, Mary P. Sperlik, First Vice President of ABN AMRO Mortgage Group, Inc. certify that:
In giving the certifications above, I have reasonably relied on information provided to me by the following affiliated parties: LaSalle Bank National Association (an affiliate).
Date: March 27, 2003
By: /s/ Mary P. Sperlik
Mary P. Sperlik
First Vice President,
ABN AMRO Mortgage Group, Inc.