SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report : September 11, 2002
(Date of earliest event reported)
Commission File No.: 333-65298-03
Banc of America Commercial Mortgage Inc.,
Commercial Mortgage Pass-Through Certificates
Series 2002-PB2
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2365571
52-2365572
52-7281898
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank Minnesota, N.A.
9062 Old Annapolis Road
Columbia, Maryland 21045
(Address of principal executive offices) (Zip Code)
(410) 884-2000
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. Other Events
On September 11, 2002 distribution was made to holders of Banc of America
Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates,
Series 2002-PB2.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 2002-PB2, relating to the
September 11, 2002 distribution.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Banc of America Commercial Mortgage Inc.,
Commercial Mortgage Pass-Through Certificates,
Series 2002-PB2
By: Wells Fargo Bank Minnesota, N.A., as Trustee
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: September 1, 2002
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 2002-PB2, relating to the
September 11, 2002 distribution.
Wells Fargo Bank Minnesota, N.A.
Corporate Trust Services
9062 Old Annapolis Rd
Columbia, MD 21045-1951
Banc of America Commercial Mortgage Inc.,
Commercial Mortgage Pass-Through Certificates
Series 2002-PB2
For Additional Information, please contact
CTSlink Customer Service
301-815-6600
Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
Payment Date:09/11/2002
Record Date: 08/30/2002
DISTRIBUTION DATE STATEMENT
Table of Contents
Certificate Distribution Detail 2
Certificate Factor Detail 3
Reconciliation Detail 4
Other Required Information 5
Ratings Detail 6
Current Mortgage Loan and Property Stratification Tables 7 - 9
Mortgage Loan Detail 10 - 13
Principal Prepayment Detail 14
Historical Detail 15
Delinquency Loan Detail 16 - 17
Specially Serviced Loan Detail 18 - 19
Modified Loan Detail 20
Liquidated Loan Detail 21
Depositor
Banc of America Commercial Mortgage, Inc.
100 North Tyron Street
Charlotte, NC 28255
Contact: David Gertner
Phone Number: (704) 388-3621
Master Servicer
Bank of America, N.A.
26th Floor
Los Angeles, CA 90017
Contact: Anita Roglich
Phone Number: (213) 345-0182
Special Servicer
Lennar Partners, Inc.
700 N.W. 107th Avenue
Miami, FL 33172
Contact: Steve Bruha
Phone Number: (305) 229-6614
This report has been compiled from information provided to Wells Fargo Bank MN,
N.A. by various third parties, which may include the Servicer, Master Servicer,
Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently
confirmed the accuracy of information received from these third parties and
assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any
responsibility for the accuracy or completeness of information furnished by
third parties.
Copyright 1997, Wells Fargo Bank Minnesota, N.A.
Certificate Distribution Detail
Class CUSIP Pass-Through Original Beginning Principal
Rate Balance Balance Distribution
<s> <c> <c> <c> <c> <c>
A-1 05947UEP9 4.334000% 63,228,491.00 60,787,253.42 800,192.54
A-2 05947UEQ7 5.676000% 172,175,646.00 172,175,646.00 0.00
A-3 05947UER5 6.085000% 90,950,559.00 90,950,559.00 0.00
A-4 05947UES3 6.186000% 545,000,000.00 545,000,000.00 0.00
B 05947UET1 6.309000% 50,594,789.00 50,594,789.00 0.00
C 05947UEU8 6.349000% 16,864,930.00 16,864,930.00 0.00
D 05947UEV6 6.417000% 14,054,108.00 14,054,108.00 0.00
E 05947UEW4 6.447000% 19,675,751.00 19,675,751.00 0.00
F 05947UEX2 6.525000% 11,243,286.00 11,243,286.00 0.00
G 05947UFA1 6.721000% 14,054,108.00 14,054,108.00 0.00
H 05947UFB9 6.820000% 16,864,930.00 16,864,930.00 0.00
J 05947UFC7 7.290312% 14,054,108.00 14,054,108.00 0.00
K 05947UFD5 6.290000% 16,864,930.00 16,864,930.00 0.00
L 05947UFE3 6.290000% 19,675,751.00 19,675,751.00 0.00
M 05947UFF0 6.290000% 8,432,465.00 8,432,465.00 0.00
N 05947UFG8 6.290000% 13,276,452.00 13,276,452.00 0.00
O 05947UFH6 6.290000% 7,234,924.00 7,234,924.00 0.00
P 05947UFJ2 6.290000% 4,823,283.00 4,823,283.00 0.00
Q 05947UFK9 6.290000% 25,260,130.00 25,260,130.00 0.00
R-I NA 0.000000% 0.00 0.00 0.00
R-II NA 0.000000% 0.00 0.00 0.00
Totals 1,124,328,641.00 1,121,887,403.42 800,192.54
Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current
Distribution Penalties Additional Trust Distribution Subordination
Fund Expenses Level(1)
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 05947UEP9 219,543.30 0.00 0.00 1,019,735.84 59,987,060.88 22.57%
A-2 05947UEQ7 814,390.81 0.00 0.00 814,390.81 172,175,646.00 22.57%
A-3 05947UER5 461,195.13 0.00 0.00 461,195.13 90,950,559.00 22.57%
A-4 05947UES3 2,809,475.00 0.00 0.00 2,809,475.00 545,000,000.00 22.57%
B 05947UET1 266,002.10 0.00 0.00 266,002.10 50,594,789.00 18.05%
C 05947UEU8 89,229.53 0.00 0.00 89,229.53 16,864,930.00 16.55%
D 05947UEV6 75,154.34 0.00 0.00 75,154.34 14,054,108.00 15.29%
E 05947UEW4 105,707.97 0.00 0.00 105,707.97 19,675,751.00 13.54%
F 05947UEX2 61,135.37 0.00 0.00 61,135.37 11,243,286.00 12.54%
G 05947UFA1 78,714.72 0.00 0.00 78,714.72 14,054,108.00 11.28%
H 05947UFB9 95,849.02 0.00 0.00 95,849.02 16,864,930.00 9.78%
J 05947UFC7 85,382.36 0.00 0.00 85,382.36 14,054,108.00 8.52%
K 05947UFD5 88,400.34 0.00 0.00 88,400.34 16,864,930.00 7.02%
L 05947UFE3 103,133.73 0.00 0.00 103,133.73 19,675,751.00 5.27%
M 05947UFF0 44,200.17 0.00 0.00 44,200.17 8,432,465.00 4.51%
N 05947UFG8 69,590.74 0.00 0.00 69,590.74 13,276,452.00 3.33%
O 05947UFH6 37,923.06 0.00 0.00 37,923.06 7,234,924.00 2.68%
P 05947UFJ2 25,282.04 0.00 0.00 25,282.04 4,823,283.00 2.25%
Q 05947UFK9 129,376.46 0.00 0.00 129,376.46 25,260,130.00 0.00%
R-I NA 0.00 0.00 0.00 0.00 0.00 0.00%
R-II NA 0.00 0.00 0.00 0.00 0.00 0.00%
Totals 5,659,686.19 0.00 0.00 6,459,878.73 1,121,087,210.88
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<s> <c> <c> <c> <c>
X-P 05947UEZ7 0.994816% 810,221,499.00 810,221,499.00
X-C 05947UEY0 0.514874% 1,124,328,641.00 1,121,887,403.42
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<s> <c> <c> <c> <c> <c>
X-P 05947UEZ7 671,684.53 0.00 671,684.53 810,221,499.00
X-C 05947UEY0 481,358.53 0.00 481,358.53 1,121,087,210.88
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of all
classes less (B) the sum of (i) the ending certificate balance of the designated
class and (ii) the ending certificate balance of all classes which are not
subordinate to the designated class and dividing the result by (A).
</FN>
Certificate Factor Detail
Beginning Principal Interest Prepayment Realized Loss/
Class CUSIP Balance Distribution Distribution Penalties Additional Trust Ending
Fund Expenses Balance
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 05947UEP9 961.39022865 12.65556915 3.47222109 0.00000000 0.00000000 948.73465951
A-2 05947UEQ7 1,000.00000000 0.00000000 4.73000003 0.00000000 0.00000000 1,000.00000000
A-3 05947UER5 1,000.00000000 0.00000000 5.07083337 0.00000000 0.00000000 1,000.00000000
A-4 05947UES3 1,000.00000000 0.00000000 5.15500000 0.00000000 0.00000000 1,000.00000000
B 05947UET1 1,000.00000000 0.00000000 5.25749994 0.00000000 0.00000000 1,000.00000000
C 05947UEU8 1,000.00000000 0.00000000 5.29083311 0.00000000 0.00000000 1,000.00000000
D 05947UEV6 1,000.00000000 0.00000000 5.34749982 0.00000000 0.00000000 1,000.00000000
E 05947UEW4 1,000.00000000 0.00000000 5.37249989 0.00000000 0.00000000 1,000.00000000
F 05947UEX2 1,000.00000000 0.00000000 5.43750021 0.00000000 0.00000000 1,000.00000000
G 05947UFA1 1,000.00000000 0.00000000 5.60083358 0.00000000 0.00000000 1,000.00000000
H 05947UFB9 1,000.00000000 0.00000000 5.68333340 0.00000000 0.00000000 1,000.00000000
J 05947UFC7 1,000.00000000 0.00000000 6.07525999 0.00000000 0.00000000 1,000.00000000
K 05947UFD5 1,000.00000000 0.00000000 5.24166658 0.00000000 0.00000000 1,000.00000000
L 05947UFE3 1,000.00000000 0.00000000 5.24166676 0.00000000 0.00000000 1,000.00000000
M 05947UFF0 1,000.00000000 0.00000000 5.24166658 0.00000000 0.00000000 1,000.00000000
N 05947UFG8 1,000.00000000 0.00000000 5.24166698 0.00000000 0.00000000 1,000.00000000
O 05947UFH6 1,000.00000000 0.00000000 5.24166667 0.00000000 0.00000000 1,000.00000000
P 05947UFJ2 1,000.00000000 0.00000000 5.24166631 0.00000000 0.00000000 1,000.00000000
Q 05947UFK9 1,000.00000000 0.00000000 5.12176541 0.00000000 0.00000000 1,000.00000000
R-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Beginnning Ending
Notional Interest Prepayment Notional
Class CUSIP Amount Distribution Penalties Amount
<s> <c> <c> <c> <c> <c>
X-P 05947UEZ7 1,000.00000000 0.82901346 0.00000000 1,000.00000000
X-C 05947UEY0 997.82871530 0.42812974 0.00000000 997.11700832
Reconciliation Detail
Advance Summary
<s> <c>
P & Advances Outstanding 2,927,622.29
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances
paid from general collections 132.52
Aggregate amount of Nonrecoverable Advances 0.00
Servicing Fee Breakdowns
<s> <c>
Current Period Accrued Servicing Fees 89,628.37
Less Delinquent Servicing Fees 33,959.61
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 25,994.69
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 81,663.45
Certificate Interest Reconciliation
Class Accrued Uncovered Indemnification Certificate Unpaid
Certificate Prepayment Expenses Deferred Interest
Interest Interest Interest Shortfall
Shortfall Amount Amount
<s> <c> <c> <c> <c> <c>
A-1 219,543.30 0.00 0.00 0.00 0.00
A-2 814,390.81 0.00 0.00 0.00 0.00
A-3 461,195.13 0.00 0.00 0.00 0.00
A-4 2,809,475.00 0.00 0.00 0.00 0.00
X-P 671,684.53 0.00 0.00 0.00 0.00
X-C 481,358.53 0.00 0.00 0.00 0.00
B 266,002.10 0.00 0.00 0.00 0.00
C 89,229.53 0.00 0.00 0.00 0.00
D 75,154.34 0.00 0.00 0.00 0.00
E 105,707.97 0.00 0.00 0.00 0.00
F 61,135.37 0.00 0.00 0.00 0.00
G 78,714.72 0.00 0.00 0.00 0.00
H 95,849.02 0.00 0.00 0.00 0.00
J 85,382.36 0.00 0.00 0.00 0.00
K 88,400.34 0.00 0.00 0.00 0.00
L 103,133.73 0.00 0.00 0.00 0.00
M 44,200.17 0.00 0.00 0.00 0.00
N 69,590.74 0.00 0.00 0.00 0.00
O 37,923.06 0.00 0.00 0.00 0.00
P 25,282.04 0.00 0.00 0.00 0.00
Q 132,405.18 0.00 0.00 0.00 1,610.54
Total 6,815,757.97 0.00 0.00 0.00 1,610.54
Class Optimal Interest Interest Appraisal
Interest Shortfall Distribution Reduction
Distribution Amount Amount
Amount
<s> <c> <c> <c> <c>
A-1 219,543.30 0.00 219,543.30 0.00
A-2 814,390.81 0.00 814,390.81 0.00
A-3 461,195.13 0.00 461,195.13 0.00
A-4 2,809,475.00 0.00 2,809,475.00 0.00
X-P 671,684.53 0.00 671,684.53 0.00
X-C 481,358.53 0.00 481,358.53 0.00
B 266,002.10 0.00 266,002.10 0.00
C 89,229.53 0.00 89,229.53 0.00
D 75,154.34 0.00 75,154.34 0.00
E 105,707.97 0.00 105,707.97 0.00
F 61,135.37 0.00 61,135.37 0.00
G 78,714.72 0.00 78,714.72 0.00
H 95,849.02 0.00 95,849.02 0.00
J 85,382.36 0.00 85,382.36 0.00
K 88,400.34 0.00 88,400.34 0.00
L 103,133.73 0.00 103,133.73 0.00
M 44,200.17 0.00 44,200.17 0.00
N 69,590.74 0.00 69,590.74 0.00
O 37,923.06 0.00 37,923.06 0.00
P 25,282.04 0.00 25,282.04 0.00
Q 134,015.72 4,639.26 129,376.46 0.00
Total 6,817,368.51 4,639.26 6,812,729.25 0.00
Other Required Information
<s> <c>
Available Distribution Amount (1) 7,612,921.79
Aggregate Number of Outstanding Loans 118.00
Aggregate Unpaid Principal Balance of Loans 1,121,337,302.04
Aggregate Stated Principal Balance of Loans 1,121,087,211.17
Aggregate Amount of Servicing Fee 81,663.45
Aggregate Amount of Special Servicing Fee 2,896.20
Aggregate Amount of Trustee Fee 1,642.32
Aggregate Trust Fund Expenses 132.52
Interest Reserve Deposit 0.00
Interest Reserve Withdrawal 0.00
Specially Serviced Loans not Delinquent
Number of Outstanding Loans 0.00
Aggregate Unpaid Principal Balance 0.00
<FN>
4.02 (a) (xxxii), (xxxiii), (xxxiv) The Swap Contract is in effect and there was no Rating Agency
Trigger Event or Swap Default during the current period.
(1) The Available Distribution Amount includes any Prepayment Premiums.
</FN>
Appraisal Reduction Amount
Appraisal Cumulative Date Appraisal
Loan Reduction ASER Reduction
Number Amount Amount Effected
<s> <c> <c> <c>
None
Total
Ratings Detail
Original Ratings Current Ratings (1)
Class CUSIP Fitch Moodys S & P Fitch Moodys S & P
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 05947UEP9 X Aaa AAA X Aaa AAA
A-2 05947UEQ7 X Aaa AAA X Aaa AAA
A-3 05947UER5 X Aaa AAA X Aaa AAA
A-4 05947UES3 X Aaa AAA X Aaa AAA
X-P 05947UEZ7 X Aaa AAA X Aaa AAA
X-C 05947UEY0 X Aaa AAA X Aaa AAA
B 05947UET1 X Aa2 AA X Aa2 AA
C 05947UEU8 X Aa3 AA- X Aa3 AA-
D 05947UEV6 X A1 A+ X A1 A+
E 05947UEW4 X A2 A X A2 A
F 05947UEX2 X A3 A- X A3 A-
G 05947UFA1 X Baa1 BBB+ X Baa1 BBB+
H 05947UFB9 X Baa2 BBB X Baa2 BBB
J 05947UFC7 X Baa3 BBB- X Baa3 BBB-
K 05947UFD5 X Ba1 BB+ X Ba1 BB+
L 05947UFE3 X Ba2 BB X Ba2 BB
M 05947UFF0 X Ba3 BB- X Ba3 BB-
N 05947UFG8 X NR B+ X NR B+
O 05947UFH6 X NR B X NR B
P 05947UFJ2 X NR B- X NR B-
Q 05947UFK9 X NR NR X NR NR
<FN>
NR - Designates that the class was not rated by the above agency at the time of
original issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction at the time of original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any particular
rating agency, no request has been made subsequent to issuance to obtain rating
information, if any, from such rating agency. The current ratings were obtained
directly from the applicable rating agency within 30 days of the payment date
listed above. The ratings may have changed since they were obtained. Because the
ratings may have changed, you may want to obtain current ratings directly from
the rating agencies.
Fitch, Inc.
One State Street Plaza
New York, New York 10004
(212) 908-0500
Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553-0300
Standard & Poor's Rating Services
55 Water Street
New York, New York 10041
(212) 438-2430
</FN>
Current Mortgage Loan and Property Stratification Tables
Scheduled Balance
%of
Scheduled # of Scheduled Agg. WAM Weighted
Balance Loans Balance Bal. (2) WAC Avg DSCR(1)
<s> <c> <c> <c> <c> <c> <c>
Below 1,999,999 11 18,134,212.52 1.62 109 7.3982 1.296423
2,000,000 to 2,999,999 17 43,132,706.78 3.85 112 7.3108 1.387428
3,000,000 to 3,999,999 15 51,925,778.94 4.63 106 7.2502 1.309334
4,000,000 to 4,999,999 12 53,227,055.05 4.75 105 7.1808 1.348377
5,000,000 to 7,499,999 17 105,630,229.56 9.42 111 7.2211 1.358539
7,500,000 to 9,999,999 14 120,091,394.91 10.71 107 7.2491 1.329909
10,000,000 to 14,999,999 13 165,668,803.53 14.78 108 7.2494 1.330322
15,000,000 to 19,999,999 8 135,698,473.99 12.10 103 7.3962 1.293573
20,000,000 to 29,999,999 3 84,990,629.83 7.58 111 6.9358 1.361651
30,000,000 and greater 8 342,587,926.06 30.56 99 6.9468 1.433456
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
State (3)
# of Scheduled % of Weighted
State Props. Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
Alabama 2 5,340,116.48 0.48 81 7.1528 1.312083
Arizona 4 14,730,339.73 1.31 99 7.2874 1.424011
California 17 147,577,387.87 13.16 113 7.0997 1.282312
Colorado 5 21,204,585.21 1.89 106 7.2400 1.410201
Connecticut 3 31,197,056.78 2.78 107 7.4064 1.268527
Delaware 2 17,228,269.64 1.54 106 7.8030 1.230957
Florida 17 137,092,768.30 12.23 98 6.9174 1.385448
Georgia 5 34,434,349.38 3.07 81 7.1531 1.302560
Illinois 5 19,096,440.60 1.70 109 7.2244 1.249127
Indiana 6 13,444,850.62 1.20 114 7.1100 1.400000
Kentucky 3 16,834,610.68 1.50 89 7.0036 1.262198
Louisiana 2 9,288,419.89 0.83 109 7.2612 1.259366
Maryland 10 53,944,525.47 4.81 112 6.9947 1.433013
Massachusetts 1 3,172,322.05 0.28 108 7.2500 1.318937
Michigan 4 67,888,979.21 6.06 111 7.1475 1.256299
Missouri 2 30,641,776.30 2.73 119 7.3403 1.264346
Nevada 1 4,365,779.90 0.39 112 7.5900 1.450000
New Jersey 2 63,787,644.30 5.69 76 6.9672 1.330312
New York 3 57,609,038.33 5.14 111 7.1511 1.397523
North Carolina 9 30,973,495.70 2.76 100 7.1794 1.288128
Ohio 9 55,729,428.57 4.97 109 7.2249 1.333854
Oklahoma 1 3,575,329.32 0.32 110 7.4600 1.360000
Oregon 1 11,704,699.26 1.04 112 7.1000 1.450000
Pennsylvania 1 19,691,998.00 1.76 97 8.3270 1.198853
South Carolina 1 9,103,061.98 0.81 113 7.2800 1.260000
Tennessee 3 11,757,233.10 1.05 100 7.3823 1.318961
Texas 14 76,580,178.67 6.83 108 7.3350 1.285906
Utah 1 3,969,584.87 0.35 112 7.0000 1.410000
Virginia 3 115,470,271.92 10.30 110 7.0233 1.696792
Washington 5 20,504,662.56 1.83 111 7.1126 1.464053
Wisconsin 1 13,148,006.08 1.17 110 6.9600 1.282267
Totals 143 1,121,087,211.17 100.00 105 7.1498 1.363913
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of Weighted
Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
1.19 or less 8 102,665,196.23 9.16 103 7.2712 1.152274
1.20 to 1.24 21 143,574,165.55 12.81 107 7.2445 1.219867
1.25 to 1.29 28 252,312,871.28 22.51 104 7.1812 1.266558
1.30 to 1.34 12 112,849,665.26 10.07 97 7.1505 1.313044
1.35 to 1.39 19 145,606,674.79 12.99 97 7.1096 1.376482
1.40 to 1.49 17 189,236,249.04 16.88 112 6.9778 1.438607
1.50 to 1.59 6 38,054,825.36 3.39 106 7.6311 1.538403
1.60 to 1.69 3 92,404,970.34 8.24 112 6.7891 1.662491
1.70 to 1.99 2 36,133,125.04 3.22 110 7.6482 1.791200
2.00 and greater 2 8,249,468.28 0.74 111 7.3079 2.222144
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
Property Type
Property # of Scheduled % of Weighted
Type Props Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
Industrial 18 155,085,860.69 13.83 100 7.1094 1.314945
Mobile Home Park 10 46,076,425.68 4.11 108 7.1762 1.389504
Multi-Family 54 348,673,381.70 31.10 103 7.1958 1.302554
Office 24 203,743,310.88 18.17 102 7.1796 1.336081
Other 1 45,154,939.01 4.03 111 6.5000 1.150000
Retail 30 303,628,737.16 27.08 110 7.1808 1.502048
Self Storage 6 18,724,555.65 1.67 111 7.3020 1.427904
Totals 143 1,121,087,211.17 100.00 105 7.1498 1.363913
Note Rate
Note # of Scheduled % of Weighted
Rate Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
6.999% or less 21 384,472,976.67 34.29 102 6.8275 1.400730
7.000% to 7.249% 35 362,459,365.74 32.33 105 7.0987 1.336723
7.250% to 7.499% 45 224,592,267.89 20.03 109 7.3262 1.324425
7.500% to 7.749% 11 89,894,632.39 8.02 113 7.5994 1.486705
7.750% to 7.999% 3 18,875,021.35 1.68 103 7.8403 1.157408
8.000% and greater 3 40,792,947.13 3.64 96 8.3594 1.300880
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
Seasoning
# of Scheduled % of Weighted
Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
12 months or less 97 960,754,608.58 85.70 106 7.0662 1.380316
13 to 24 months 20 147,494,696.46 13.16 99 7.5829 1.241426
25 to 36 months 1 12,837,906.13 1.15 93 8.4300 1.543617
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
59 months or less 3 54,867,312.47 4.89 49 7.0190 1.292829
60 to 79 months 8 83,190,923.52 7.42 72 7.0341 1.333052
80 to 99 months 3 40,792,947.13 3.64 96 8.3594 1.300880
100 to 109 months 39 233,964,226.57 20.87 107 7.2751 1.288745
110 to 119 months 59 661,137,606.55 58.97 111 7.0521 1.405630
120 to 139 months 3 34,527,320.62 3.08 125 7.2133 1.307411
140 months or greater 3 12,606,874.31 1.12 170 7.1920 1.442908
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
Remaining Stated Term (Fully Amortizing Loans)
Remaining # of Scheduled % of Weighted
Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
149 months or less 0 0.00 0.00 0 0.0000 0.000000
150 to 174 months 0 0.00 0.00 0 0.0000 0.000000
175 to 249 months 0 0.00 0.00 0 0.0000 0.000000
250 to 274 months 0 0.00 0.00 0 0.0000 0.000000
275 to 299 months 0 0.00 0.00 0 0.0000 0.000000
300 to 324 months 0 0.00 0.00 0 0.0000 0.000000
324 to 349 months 0 0.00 0.00 0 0.0000 0.000000
350 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 0 0.00 0.00 0 0.0000 0.000000
Remaining Amortization Term (ARD and Balloon Loans)
Remaining # of Scheduled % of Weighted
Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
174 months or less 2 3,869,864.88 0.35 109 7.2416 1.161827
175 to 249 months 4 14,134,776.18 1.26 109 7.3196 1.232913
250 to 274 months 3 30,943,239.17 2.76 95 8.2259 1.206847
275 to 299 months 24 182,395,841.11 16.27 94 7.2075 1.397918
300 to 324 months 3 21,730,861.97 1.94 119 7.0631 1.356393
325 to 349 months 47 460,520,812.48 41.08 103 7.1586 1.372488
350 or Greater 35 407,491,815.38 36.35 111 7.0301 1.357794
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
Age of Most Recent NOI
Age of Most # of Scheduled % of Weighted
Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
Underwriters Information 110 1,085,748,167.92 96.85 105 7.1486 1.360449
1 year or less 8 35,339,043.25 3.15 107 7.1863 1.470356
1 to 2 years 0 0.00 0.00 0 0.0000 0.000000
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 118 1,121,087,211.17 100.00 105 7.1498 1.363913
<FN>
(1) The Trustee makes no representations as to the accuracy of the data
provided by the borrower for this calculation. "NAP" means not applicable
and relates to the ommission of credit lease loans in the calculation of DSCR.
(2) Anticipated Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro-rata the current loan
information to the properties based upon the Cut-off Date balance of each
property as disclosed in the offering document.
</FN>
Mortgage Loan Detail
Loan Property Interest Principal Gross
Number ODCR Type(1) City State Payment Payment Coupon
<s> <c> <c> <c> <c> <c> <c> <c>
3136520 A1 MF New York NY 201,098.35 21,228.76 7.125%
10206794 A10 MF Houston TX 55,510.10 11,128.61 7.330%
3113453 A11 MF Dover DE 59,249.92 0.00 8.327%
10206795 A12 MF Clute TX 45,265.96 9,074.89 7.330%
3131448 A13 MF Cary NC 41,441.96 0.00 6.990%
3131562 A14 MF Fairborn OH 32,488.45 0.00 6.990%
3131315 A15 MF Athens GA 27,116.35 0.00 6.990%
3131182 A16 MF Birmingham AL 25,069.83 0.00 6.990%
3136587 A17 MF Tempe AZ 25,428.10 2,541.13 7.250%
10206797 A18 MF Houston TX 14,432.63 2,893.44 7.330%
10206798 A19 MF Houston TX 10,881.24 2,181.46 7.330%
3113651 A2 MF Harrisburg PA 141,200.92 0.00 8.327%
3136595 A20 RT Richmond VA 476,003.90 59,089.53 6.750%
3125051 A21 RT Fenton MO 106,438.55 9,918.87 7.550%
3099702 A22 RT Fresno CA 93,238.57 6,345.95 8.430%
3124424 A23 RT Ahoskie NC 42,840.10 4,401.14 7.360%
3129046 A24 RT Cotati CA 39,993.59 3,182.54 7.810%
3131067 A25 RT Southfield MI 30,583.55 2,864.63 7.360%
3136280 A26 RT Emerald Isle NC 21,625.03 3,673.21 7.250%
3124310 A27 RT Saginaw MI 22,209.79 2,066.94 7.500%
3136298 A28 RT Henderson NC 17,794.31 3,022.53 7.250%
3129061 A29 RT The Colony TX 16,481.03 1,470.73 7.610%
10207140 A3 MF Gainesville FL 106,015.98 12,075.53 6.950%
3130697 A30 RT Altavista VA 9,745.81 1,485.82 7.650%
3132131 A31 OF Miami FL 263,351.45 29,677.21 7.010%
3132628 A32 OF Troy MI 194,602.14 20,495.73 7.110%
3132610 A33 OF Troy MI 170,714.31 17,979.83 7.110%
3136421 A34 OF Maryland Heights MO 87,363.03 9,241.56 7.100%
10206587 A35 OF Metairie LA 44,564.72 4,424.88 7.280%
3130424 A36 OF Chattanooga TN 36,026.29 3,408.94 7.410%
10207133 A37 OF Englewood CO 27,426.85 2,759.45 7.250%
10207134 A38 OF Centennial CO 20,453.93 2,057.89 7.250%
3131778 A39 OF Rockland MA 19,817.54 2,012.10 7.250%
3132107 A4 MF Long Beach CA 93,576.33 10,275.27 7.070%
3131828 A40 IN East Hanover NJ 163,608.32 18,758.33 6.950%
3136249 A41 IN San Diego CA 87,485.05 8,341.77 7.320%
3136579 A42 IN Milford CT 74,426.65 7,353.13 7.240%
3132420 A43 IN Suwanee GA 54,428.00 5,683.20 7.150%
3129103 A44 IN Phoenix AZ 27,794.08 0.00 7.250%
3130648 A45 IN Cerritos CA 19,459.78 2,294.83 6.850%
3128436 A46 IN Waukegan IL 13,879.53 1,371.19 7.380%
3136397 A47 SS Various NC 38,561.06 3,391.81 7.500%
3129111 A5 MF Athens GA 93,043.63 10,158.52 7.150%
10206793 A6 MF Grapevine TX 90,651.78 18,173.79 7.330%
10207115 A7 MF Madison WI 78,853.98 8,942.94 6.960%
3131299 A8 MF Altamonte Springs FL 60,372.24 0.00 6.990%
3131372 A9 MF Louisville KY 55,255.95 0.00 6.990%
82A122 B1 MF Wilmington DE 56,544.09 5,279.67 7.320%
82A120 B10 MF Olympia WA 18,880.43 1,760.57 7.370%
82A118 B11 MF El Cajon CA 16,476.37 1,642.46 7.235%
82A106 B12 MF Los Angeles CA 16,792.10 1,574.05 7.410%
82A107 B13 MF Los Angeles CA 16,249.98 1,543.68 7.380%
82A105 B14 MF Pasadena CA 12,195.53 1,299.10 7.140%
820007 B15 RT Bainbridge OH 60,366.24 9,652.65 7.470%
820008 B16 RT Berea OH 34,457.11 5,652.30 7.350%
3137379 B17 RT Hagerstown MD 10,950.34 2,998.11 7.360%
230303927 B18 RT Troy AL 7,835.35 2,001.23 7.730%
82A110 B19 OF Walnut Creek CA 61,287.18 17,750.42 7.250%
317010356 B2 MF Aurora CO 46,480.40 4,799.18 7.140%
230308002 B20 OF Irvine CA 48,347.38 5,342.53 7.000%
82A111 B21 OF Centralia WA 12,919.93 6,392.52 7.370%
230307980 B22 MH Tomball TX 52,903.31 5,710.20 7.125%
230307999 B23 MH Alviso CA 22,421.33 3,582.38 7.400%
230308017 B24 MH Visalia CA 21,037.51 1,901.14 7.440%
230307990 B25 MH Graham WA 14,264.54 1,425.51 7.250%
230299606 B26 MH Fountain CO 14,454.41 1,431.12 7.375%
230307991 B27 MH Tucson AZ 14,218.49 1,344.71 7.390%
82A112 B3 MF Bloomington IL 37,416.48 3,949.84 7.125%
317070321 B4 MF Lilburn GA 28,469.95 2,910.16 7.250%
82A115 B5 MF Normal IL 26,854.43 2,625.12 7.300%
230307992 B6 MF Phoenix AZ 25,035.84 2,414.19 7.310%
82A109 B7 MF Champaign IL 22,313.37 2,244.98 7.250%
230307995 B8 MF Springfield OH 20,369.40 2,250.88 7.000%
82A114 B9 MF Springfield IL 18,411.37 1,901.53 7.175%
6104459 P1 MF Various MD 230,349.86 26,639.95 6.880%
6104346 P10 MF Miami FL 10,602.85 1,082.90 7.180%
6103802 P11 RT Williamsburg VA 213,155.83 31,047.20 7.690%
6104484 P12 RT Tampa FL 173,630.64 21,148.25 6.760%
6104434 P13 RT Staten Island NY 116,201.01 11,997.93 7.140%
6104442 P14 RT Brandon FL 77,789.73 9,413.88 6.790%
6104429 P15 RT Portland OR 71,607.23 7,524.53 7.100%
6104427 P16 RT Vancouver WA 44,970.77 5,133.68 6.910%
6104430 P17 RT Silverdale WA 34,663.37 3,642.45 7.100%
6103925 P18 RT Henderson NV 28,558.82 3,796.00 7.590%
6104488 P19 RT Kearns UT 23,948.25 3,396.37 7.000%
6104485 P2 MF Muncie IN 82,367.82 8,447.54 7.110%
6104489 P20 RT Aurora CO 23,475.09 3,775.12 7.340%
6104403 P21 RT Norman OK 22,980.96 2,092.23 7.460%
6104374 P22 RT Germantown TN 20,014.95 1,859.52 7.430%
6104441 P23 RT Memphis TN 18,756.84 3,854.07 7.280%
6104384 P24 RT Clayton GA 9,177.44 2,520.01 7.410%
6104433 P25 RT Forest Park OH 9,401.14 1,264.24 7.890%
6104381 P26 OF Beachwood OH 106,728.48 10,504.15 7.300%
6104111 P27 OF Farmington CT 78,112.12 6,518.06 7.850%
6104383 P28 OF Baltimore MD 51,147.85 5,304.34 7.130%
6104478 P29 OF New York NY 37,679.81 3,576.84 7.330%
6104518 P3 MF Columbia SC 57,100.59 5,504.83 7.280%
6104395 P30 IN South Brunswick NJ 219,447.36 41,589.07 6.980%
6104477 P31 IN Various TX 101,505.38 8,790.80 7.540%
6104526 P32 IN Brownsville TX 11,521.05 997.77 7.540%
6104470 P33 IN Jacksonville FL 79,776.65 11,716.74 6.910%
6104439 P34 IN Culver City CA 45,102.96 8,144.94 7.050%
6104469 P35 IN Jacksonville FL 28,402.59 3,242.33 6.910%
6104373 P36 IN Grapevine TX 12,066.64 1,161.62 7.350%
6104380 P37 IN West Sacramento CA 11,288.44 5,895.70 7.100%
6104436 P38 MH Pflugerville TX 72,778.53 7,514.49 7.140%
6104370 P39 MH Louisville KY 27,059.68 5,015.24 7.020%
6104457 P4 MF Marina CA 45,087.10 8,112.87 7.040%
6104369 P40 MH Middletown OH 26,551.94 4,921.13 7.020%
6104368 P41 MH Elsmere KY 19,264.34 3,570.45 7.020%
6104480 P42 OT Foster City CA 252,936.20 34,654.75 6.500%
6104409 P43 SS Wilton CT 46,570.53 8,558.25 7.000%
6104365 P44 SS Pasadena MD 32,711.65 5,076.48 7.530%
6104446 P5 MF Austintown OH 39,618.61 4,552.42 6.910%
6104440 P6 MF Greensboro NC 29,337.55 3,673.18 6.730%
6104345 P7 MF Hialeah Gardens FL 17,210.42 1,757.76 7.180%
6104350 P8 MF Bowling Green OH 16,996.79 2,990.06 7.170%
6104385 P9 MF Slidell LA 13,549.23 1,384.11 7.200%
Totals 6,907,028.61 800,192.56
Loan Anticipated Neg Beginning Ending Paid
Number Repayment Maturity Amort Scheduled Scheduled Thru
Date Date (Y/N) Balance Balance Date
<s> <c> <c> <c> <c> <c> <c>
3136520 N/A 11/01/2011 N 32,776,641.74 32,755,412.98 08/01/2002
10206794 N/A 07/01/2011 N 8,800,000.00 8,788,871.39 08/01/2002
3113453 10/01/2010 05/01/2028 N 8,263,043.00 8,263,043.00 08/01/2002
10206795 N/A 07/01/2011 N 7,176,000.00 7,166,925.11 08/01/2002
3131448 N/A 10/01/2008 N 6,885,000.00 6,885,000.00 08/01/2002
3131562 N/A 10/01/2011 N 5,397,500.00 5,397,500.00 08/01/2002
3131315 N/A 10/01/2011 N 4,505,000.00 4,505,000.00 08/01/2002
3131182 N/A 10/01/2008 N 4,165,000.00 4,165,000.00 08/01/2002
3136587 N/A 11/01/2008 N 4,073,021.65 4,070,480.52 08/01/2002
10206797 N/A 07/01/2011 N 2,288,000.00 2,285,106.56 08/01/2002
10206798 N/A 07/01/2011 N 1,725,000.00 1,722,818.55 08/01/2002
3113651 10/01/2010 05/01/2028 N 19,691,998.00 19,691,998.00 08/01/2002
3136595 N/A 11/01/2011 N 81,893,143.79 81,834,054.26 09/01/2002
3125051 N/A 03/01/2013 N 16,371,662.88 16,361,744.01 09/01/2002
3099702 N/A 06/01/2010 N 12,844,252.08 12,837,906.13 09/01/2002
3124424 N/A 02/01/2011 N 6,759,482.76 6,755,081.62 09/01/2002
3129046 N/A 08/01/2011 N 5,946,756.33 5,943,573.79 08/01/2002
3131067 N/A 01/01/2012 N 4,825,594.97 4,822,730.34 09/01/2002
3136280 N/A 11/01/2011 N 3,463,853.00 3,460,179.79 08/01/2002
3124310 N/A 06/01/2011 N 3,438,934.58 3,436,867.64 09/01/2002
3136298 N/A 11/01/2011 N 2,850,256.15 2,847,233.62 08/01/2002
3129061 N/A 05/01/2011 N 2,515,015.12 2,513,544.39 09/01/2002
10207140 N/A 11/01/2011 N 17,714,436.03 17,702,360.50 09/01/2002
3130697 N/A 07/01/2011 N 1,479,439.20 1,477,953.38 08/01/2002
3132131 N/A 09/01/2008 N 43,627,316.81 43,597,639.60 09/01/2002
3132628 N/A 12/01/2011 N 31,784,751.68 31,764,255.95 09/01/2002
3132610 N/A 12/01/2011 N 27,883,105.11 27,865,125.28 09/01/2002
3136421 N/A 12/01/2011 N 14,289,273.85 14,280,032.29 09/01/2002
10206587 N/A 10/01/2011 N 7,108,869.83 7,104,444.95 08/01/2002
3130424 N/A 09/01/2011 N 5,646,016.34 5,642,607.40 09/01/2002
10207133 N/A 10/01/2011 N 4,393,178.11 4,390,418.67 09/01/2002
10207134 N/A 10/01/2011 N 3,276,268.38 3,274,210.49 09/01/2002
3131778 N/A 09/01/2011 N 3,174,334.15 3,172,322.05 09/01/2002
3132107 N/A 09/01/2011 N 15,370,479.64 15,360,204.37 09/01/2002
3131828 N/A 10/01/2011 N 27,337,662.67 27,318,904.34 09/01/2002
3136249 N/A 01/01/2012 N 13,879,172.87 13,870,831.10 09/01/2002
3136579 N/A 01/01/2012 N 11,937,976.86 11,930,623.73 08/01/2002
3132420 N/A 11/01/2011 N 8,840,098.84 8,834,415.64 09/01/2002
3129103 N/A 06/01/2011 N 4,452,000.00 4,452,000.00 08/01/2002
3130648 N/A 12/01/2006 N 3,299,044.88 3,296,750.05 09/01/2002
3128436 N/A 05/01/2011 N 2,184,033.21 2,182,662.02 08/01/2002
3136397 N/A 01/01/2012 N 5,970,745.09 5,967,353.28 09/01/2002
3129111 N/A 05/01/2006 N 15,111,980.98 15,101,822.46 09/01/2002
10206793 N/A 07/01/2011 N 14,371,000.00 14,352,826.21 08/01/2002
10207115 N/A 11/01/2011 N 13,156,949.02 13,148,006.08 09/01/2002
3131299 N/A 10/01/2008 N 10,030,000.00 10,030,000.00 08/01/2002
3131372 N/A 10/01/2008 N 9,180,000.00 9,180,000.00 08/01/2002
82A122 N/A 03/01/2012 N 8,970,506.31 8,965,226.64 09/01/2002
82A120 N/A 01/01/2012 N 2,974,988.12 2,973,227.55 09/01/2002
82A118 N/A 12/01/2011 N 2,644,622.49 2,642,980.03 09/01/2002
82A106 N/A 10/01/2016 N 2,631,646.74 2,630,072.69 08/01/2002
82A107 N/A 10/01/2016 N 2,557,039.25 2,555,495.57 08/01/2002
82A105 N/A 09/01/2011 N 1,983,550.85 1,982,251.75 09/01/2002
820007 N/A 09/01/2011 N 9,384,569.07 9,374,916.42 09/01/2002
820008 N/A 11/01/2011 N 5,444,177.83 5,438,525.53 09/01/2002
3137379 N/A 01/01/2012 N 1,727,788.95 1,724,790.84 09/01/2002
230303927 N/A 09/01/2011 N 1,177,117.71 1,175,116.48 09/01/2002
82A110 N/A 10/01/2011 N 9,816,856.45 9,799,106.03 09/01/2002
317010356 N/A 01/01/2012 N 7,559,838.11 7,555,038.93 09/01/2002
230308002 N/A 12/01/2011 N 8,020,763.04 8,015,420.51 09/01/2002
82A111 N/A 10/01/2011 N 2,035,792.32 2,029,399.80 09/01/2002
230307980 N/A 08/01/2011 N 8,622,610.05 8,616,899.85 08/01/2002
230307999 N/A 12/01/2011 N 3,518,604.77 3,515,022.39 09/01/2002
230308017 N/A 01/01/2012 N 3,283,690.37 3,281,789.23 08/01/2002
230307990 N/A 11/01/2011 N 2,284,865.86 2,283,440.35 07/01/2002
230299606 N/A 05/01/2008 N 2,276,036.35 2,274,605.23 09/01/2002
230307991 N/A 10/01/2011 N 2,234,343.16 2,232,998.45 08/01/2002
82A112 N/A 11/01/2011 N 6,098,441.81 6,094,491.97 09/01/2002
317070321 08/01/2011 08/01/2018 N 4,560,258.61 4,557,348.45 09/01/2002
82A115 N/A 11/01/2011 N 4,272,025.24 4,269,400.12 09/01/2002
230307992 N/A 12/01/2011 N 3,977,274.95 3,974,860.76 08/01/2002
82A109 N/A 10/01/2011 N 3,574,110.94 3,571,865.96 09/01/2002
230307995 N/A 12/01/2011 N 3,379,255.81 3,377,004.93 08/01/2002
82A114 N/A 11/01/2011 N 2,979,922.06 2,978,020.53 09/01/2002
6104459 N/A 01/01/2012 N 38,881,259.97 38,854,620.02 08/01/2002
6104346 N/A 12/01/2011 N 1,714,900.24 1,713,817.34 09/01/2002
6103802 N/A 11/01/2011 N 32,189,311.48 32,158,264.28 09/01/2002
6104484 N/A 01/01/2012 N 29,827,748.46 29,806,600.21 09/01/2002
6104434 N/A 01/01/2012 N 18,899,595.35 18,887,597.42 09/01/2002
6104442 12/01/2011 12/01/2031 N 13,304,339.50 13,294,925.62 09/01/2002
6104429 N/A 01/01/2012 N 11,712,223.79 11,704,699.26 09/01/2002
6104427 N/A 01/01/2012 N 7,557,759.47 7,552,625.79 09/01/2002
6104430 N/A 01/01/2012 N 5,669,611.52 5,665,969.07 08/01/2002
6103925 N/A 01/01/2012 N 4,369,575.90 4,365,779.90 09/01/2002
6104488 01/01/2012 07/01/2029 N 3,972,981.24 3,969,584.87 09/01/2002
6104485 N/A 03/01/2012 N 13,453,298.15 13,444,850.61 05/01/2002
6104489 02/01/2012 02/01/2027 N 3,714,087.01 3,710,311.89 09/01/2002
6104403 11/01/2011 11/01/2031 N 3,577,421.55 3,575,329.32 09/01/2002
6104374 10/01/2011 10/01/2031 N 3,128,287.05 3,126,427.53 09/01/2002
6104441 12/01/2008 12/01/2024 N 2,992,052.24 2,988,198.17 09/01/2002
6104384 11/01/2011 11/01/2021 N 1,438,282.84 1,435,762.83 09/01/2002
6104433 N/A 12/01/2011 N 1,383,707.00 1,382,442.76 09/01/2002
6104381 N/A 10/01/2011 N 16,978,458.79 16,967,954.64 08/01/2002
6104111 N/A 01/01/2011 N 11,555,522.86 11,549,004.80 09/01/2002
6104383 N/A 01/01/2012 N 8,330,644.82 8,325,340.48 09/01/2002
6104478 N/A 01/01/2012 N 5,969,604.77 5,966,027.93 08/01/2002
6104518 N/A 02/01/2012 N 9,108,566.81 9,103,061.98 08/01/2002
6104395 N/A 12/01/2006 N 36,510,329.03 36,468,739.96 09/01/2002
6104477 N/A 01/01/2012 N 15,633,583.39 15,624,792.59 08/01/2002
6104526 N/A 01/01/2012 N 1,774,440.08 1,773,442.31 09/01/2002
6104470 N/A 01/01/2013 N 13,407,213.94 13,395,497.20 09/01/2002
6104439 N/A 12/01/2016 N 7,429,450.99 7,421,306.05 09/01/2002
6104469 N/A 01/01/2013 N 4,773,321.74 4,770,079.41 09/01/2002
6104373 N/A 10/01/2011 N 1,906,512.82 1,905,351.20 08/01/2002
6104380 N/A 11/01/2011 N 1,846,360.78 1,840,465.08 09/01/2002
6104436 N/A 01/01/2012 N 11,837,114.99 11,829,600.50 09/01/2002
6104370 N/A 10/01/2011 N 4,476,373.88 4,471,358.64 08/01/2002
6104457 N/A 01/01/2012 N 7,437,387.38 7,429,274.51 08/01/2002
6104369 N/A 10/01/2011 N 4,392,380.13 4,387,459.00 08/01/2002
6104368 N/A 10/01/2011 N 3,186,822.49 3,183,252.04 08/01/2002
6104480 12/01/2011 12/01/2031 N 45,189,593.76 45,154,939.01 08/01/2002
6104409 N/A 12/01/2011 N 7,725,986.50 7,717,428.25 09/01/2002
6104365 N/A 10/01/2011 N 5,044,850.61 5,039,774.13 09/01/2002
6104446 N/A 12/01/2011 N 6,658,279.24 6,653,726.82 08/01/2002
6104440 N/A 11/01/2011 N 5,062,320.58 5,058,647.40 08/01/2002
6104345 N/A 12/01/2011 N 2,783,606.17 2,781,848.41 09/01/2002
6104350 N/A 10/01/2011 N 2,752,888.53 2,749,898.47 09/01/2002
6104385 N/A 11/01/2011 N 2,185,359.05 2,183,974.94 09/01/2002
1,121,887,403.71 1,121,087,211.17
Loan Appraisal Appraisal Res Mod
Number Reduction Reduction Strat. Code
Date Amount (2) (3)
6104485 13
Totals 0.00
<FN>
(1) Property Type Code
MF- Multi-Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
MU- Mixed Use
LO- Lodging
SS- Self Storage
OT- Other
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Servicer
10- Deed In Lieu of Foreclosure
11- Full Payoff
12- Reps and Warranties
13- Other or TBD
(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write-Off
4- Combination
</FN>
Principal Prepayment Detail
No Principal Prepayments this Period
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications
Date # Balance # Balance # Balance # Balance # Balance # Balance
09/11/2002 1 $2,283,440.35 0 0.00 1 $13,444,850.61 0 $0.00 0 $0.00 0 $0.00
08/12/2002 1 $2,284,865.86 1 $13,453,298.15 0 $0.00 0 $0.00 0 $0.00 0 $0.00
07/11/2002 1 $13,461,694.29 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
06/11/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
08/12/2002 0 $0.00 0 $0.00
08/12/2002 0 $0.00 0 $0.00
07/11/2002 0 $0.00 0 $0.00
06/11/2002 0 $0.00 0 $0.00
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
08/12/2002 7.149777% 7.055296% 105
08/12/2002 7.149759% 7.055282% 106
07/11/2002 7.149734% 7.055261% 107
06/11/2002 7.149706% 7.055238% 108
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
Delinquency Loan Detail
Offering # of Current Outstanding Status of
Loan Number Document Months Paid Through P & I P & I Mortgage
Cross Delinq. Date Advances Advances** Loan(1)
Reference
<s> <c> <c> <c> <c> <c> <c>
3136520 A1 0 08/01/2002 222,327.11 222,327.11 A
10206794 A10 0 08/01/2002 61,091.91 61,091.91 A
3113453 A11 0 08/01/2002 59,249.92 59,249.92 A
10206795 A12 0 08/01/2002 49,817.68 49,817.68 A
3131448 A13 0 08/01/2002 41,441.96 41,441.96 A
3131562 A14 0 08/01/2002 32,488.45 32,488.45 A
3131315 A15 0 08/01/2002 27,116.35 27,116.35 A
3131182 A16 0 08/01/2002 25,069.83 25,069.83 A
3136587 A17 0 08/01/2002 27,969.23 27,969.23 A
10206797 A18 0 08/01/2002 15,883.90 15,883.90 A
10206798 A19 0 08/01/2002 11,975.40 11,975.40 A
3113651 A2 0 08/01/2002 141,200.92 141,200.92 A
3129046 A24 0 08/01/2002 43,176.13 43,176.13 A
3136280 A26 0 08/01/2002 25,298.24 25,298.24 A
3136298 A28 0 08/01/2002 20,816.84 20,816.84 A
3130697 A30 0 08/01/2002 11,231.63 11,231.63 A
10206587 A35 0 08/01/2002 48,989.60 48,989.60 A
3136579 A42 0 08/01/2002 81,779.78 81,779.78 A
3129103 A44 0 08/01/2002 27,794.08 27,794.08 A
3128436 A46 0 08/01/2002 15,250.72 15,250.72 A
10206793 A6 0 08/01/2002 99,767.26 99,767.26 A
3131299 A8 0 08/01/2002 60,372.24 60,372.24 A
3131372 A9 0 08/01/2002 55,255.95 55,255.95 A
82A106 B12 0 08/01/2002 18,366.15 18,366.15 A
82A107 B13 0 08/01/2002 17,793.66 17,793.66 A
230307980 B22 0 08/01/2002 58,613.51 58,613.51 A
230308017 B24 0 08/01/2002 22,938.65 22,938.65 A
230307990 B25 1 07/01/2002 15,690.05 31,380.01 1
230307991 B27 0 08/01/2002 15,563.20 15,563.20 A
230307992 B6 0 08/01/2002 27,450.03 27,450.03 A
230307995 B8 0 08/01/2002 22,620.28 22,620.28 A
6104459 P1 0 08/01/2002 256,989.81 256,989.81 A
6104430 P17 0 08/01/2002 38,305.82 38,305.82 A
6104485 P2 3 05/01/2002 90,815.36 363,261.44 3
6104381 P26 0 08/01/2002 117,232.63 117,232.63 A
6104478 P29 0 08/01/2002 41,256.65 41,256.65 A
6104518 P3 0 08/01/2002 62,605.42 62,605.42 A
6104477 P31 0 08/01/2002 110,296.18 110,296.18 A
6104373 P36 0 08/01/2002 13,228.26 13,228.26 A
6104370 P39 0 08/01/2002 32,074.92 32,074.92 A
6104457 P4 0 08/01/2002 53,199.97 53,199.97 A
6104369 P40 0 08/01/2002 31,473.07 31,473.07 A
6104368 P41 0 08/01/2002 22,834.79 22,834.79 A
6104480 P42 0 08/01/2002 287,590.95 287,590.95 A
6104446 P5 0 08/01/2002 44,171.03 44,171.03 A
6104440 P6 0 08/01/2002 33,010.73 33,010.73 A
Totals 46 2,639,486.25 2,927,622.29
Resolution Actual Outstanding Bankruptcy
Loan Number Strategy Servicing Foreclosure Principal Servicing Date REO
Code(2) Transfer Date Date Balance Advances Date
<s> <c> <c> <c> <c> <c> <c> <c>
3136520 32,776,641.74 0.00
10206794 8,794,453.20 0.00
3113453 8,263,043.00 0.00
10206795 7,171,476.83 0.00
3131448 6,885,000.00 0.00
3131562 5,397,500.00 0.00
3131315 4,505,000.00 0.00
3131182 4,165,000.00 0.00
3136587 4,073,021.65 0.00
10206797 2,286,557.83 0.00
10206798 1,723,912.70 0.00
3113651 19,691,998.00 0.00
3129046 5,946,756.33 0.00
3136280 3,463,853.00 0.00
3136298 2,850,256.15 0.00
3130697 1,479,439.20 0.00
10206587 7,108,869.83 0.00
3136579 11,937,976.86 0.00
3129103 4,452,000.00 0.00
3128436 2,184,033.21 0.00
10206793 14,361,941.69 0.00
3131299 10,030,000.00 0.00
3131372 9,180,000.00 0.00
82A106 2,631,646.74 0.00
82A107 2,557,039.25 0.00
230307980 8,622,610.05 0.00
230308017 3,283,690.37 0.00
230307990 2,286,282.52 0.00
230307991 2,234,343.16 0.00
230307992 3,977,274.95 0.00
230307995 3,379,255.81 0.00
6104459 38,881,259.97 0.00
6104430 5,669,611.52 0.00
6104485 13 07/17/2002 13,480,962.17 0.00
6104381 16,978,458.79 0.00
6104478 5,969,604.77 0.00
6104518 9,108,566.81 0.00
6104477 15,633,583.39 0.00
6104373 1,906,512.82 0.00
6104370 4,476,373.88 0.00
6104457 7,437,387.38 0.00
6104369 4,392,380.13 0.00
6104368 3,186,822.49 0.00
6104480 45,189,593.76 0.00
6104446 6,658,279.24 0.00
6104440 5,062,320.58 0.00
Totals 391,732,591.77 0.00
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances Balance Advances
Totals by Deliquency Code:
Total for Status Code = 1 (1 loan) 15,690.05 31,380.01 2,286,282.52 0
Total for Status Code = 3 (1 loan) 90,815.36 363,261.44 13,480,962.17 0
Total for Status Code = A (44 loans 2,532,980.84 2,532,980.84 375,965,347.08 0
(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment (Performing Matured Balloon)
7- Foreclosure
9- REO
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Servicer
10-Deed In Lieu Of Foreclosure
11-Full Payoff
12-Reps and Warranties
13-Other or TBD
** Outstanding P & I Advances include the current period advance.
Specially Serviced Loan Detail - Part 1
Offering Servicing Resolution
Loan Document Transfer Strategy Scheduled Property State Interest Actual
Number Cross-Reference Date Code (1) Balance Type (2) Rate Balance
6104485 P2 07/17/2002 13 13,444,850.61 MF IN 7.110% 13,480,962.17
Net Remaining
Loan Operating DSCR DSCR Note Maturity Amortization
Number Income Date Date Date Term
6104485 1,620,375.00 05/01/2002 1.40 04/01/2002 03/01/2012 353
Specially Serviced Loan Detail - Part 2
Offering Resolution Site
Loan Document Strategy Inspection Phase 1 Date Appraisal Appraisal Other REO
Number Cross-Reference Code (1) Date Date Value Property Revenue
6104485 P2 13 17,180,000
Loan
Number Comments from Special Servicer
<s>
6104485 Loan closed in February 2002 with first payment due in April. Has not made June or July or
August payment. Default rate 4% over note rate (total 11/1%). Sent default letter. Attorney
for Borrower indicates that principal of Borrower has financial problems in development
deals and assisted care facilities, and has been unable to pay his employees and has not
been attending to this property. This property is student apartments for Ball State University.
Borrower is in negotiations with a potential purchaser and has retained the prospective
purchaser to manage the property in the interim. Original appraisal was $17 million. Attorney
has been hired to commence foreclosure, in case sale does not go through.
<FN>
(1) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Servicer
10-Deed In Lieu Of Foreclosure
11-Full Payoff
12-Reps and Warranties
13-Other or TBD
(2) Property Type Code
MF- Multi-Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
MU- Mixed Use
LO- Lodging
SS- Self Storage
OT- Other
</FN>
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period