Exhibit 99.1

TRUSTEE’S DISTRIBUTION STATEMENT



THE	TO THE HOLDERS OF:
BANK OF	Corporate Bond-Backed Certificates
NEW	Series 1998-NSC-1
YORK	Class A-1 Certificates
	CUSIP NUMBER:	219-87H-AN5

in accordance with the Standard Terms of Trust Agreements, The Bank of New York, as trustee submits the following cash basis statement for the period ending :

May 16, 2016


INTEREST ACCOUNT
Balance as of November 16, 2015			$	0.00
Schedule Income received on securities			$	121,226.00
Unscheduled Income received on securities			$	0.00
Interest Received on sale of securities			$	0.00
LESS:
Distribution to Class A-1 Holders	$	118,226.00
Distribution to Swap Counterparty	$	0.00
Trustee Fees	$	2,250.00
Fees allocated for third party expenses	$	750.00
Balance as of May 16, 2016		Subtotal	$	0.00

PRINCIPAL ACCOUNT
Balance as of November 16, 2015			$	0.00
Scheduled Principal payment received on securities			$	866,274.00
Principal received on sale of securities			$	0.00
LESS:
Distribution to Class A-1 Holders	$	866,274.00
Distribution to Swap Counterparty	$	0.00
Balance as of May 16, 2016		Subtotal	$	0.00
		Balance	$	0.00

UNDERLYING SECURITIES HELD AS OF: May 16, 2016

$25,000,000 7.90% Notes

Issued by

NORFOLK SOUTHERN CORPORATION

CUSIP# : 655-844-AK4

CORPORATE BOND BACKED CERT TR SER 1998-NSC 1 8-K