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 13, 2002
(Date of earliest event reported)

Commission File No.:  333-53266-02

First Union Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2001-C2
(Exact name of registrant as specified in its charter)

New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)

52-2316405
52-2316406
52-7184008
52-2316404
(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 13, 2002 a distribution was made to holders of First Union
Commercial Mortgage Securities, Commercial Mortgage Pass-Through Certificates,
Series 2001-C2.


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 2001-C2, relating to the
               September 13, 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.


              First Union Commercial Mortgage Securities, Inc
                 Commercial Mortgage Pass-Through Certificates
                               Series 2001-C2


              By:   Wells Fargo Bank Minnesota, N.A., as Trustee
              By:   /s/ Beth Belfield, Assistant Vice President
              By:   Beth Belfield, Assistant Vice President
              Date: September 13, 2002


                                INDEX TO EXHIBITS


Exhibit Number                       Description

(EX-99.1)      Monthly report distributed to holders of Commercial Mortgage
               Pass-Through Certificates, Series 2001-C2, relating to the
               September 13, 2002 distribution.
EX-99.1


Wells Fargo Bank Minnesota, N.A.
Corporate Trust Services
9062 Old Annapolis Road
Columbia, MD 21045-1951

First Union Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 2001-C2

For Additional Information, please contact
CTSLink Customer Service
(301) 815-6600

Reports Available on the World Wide Web
@ www.ctslink.com/cmbs

Payment Date: 09/13/2002
Record Date:  08/30/2002


                            DISTRIBUTION DATE STATEMENT


                                  Table of Contents
STATEMENT SECTIONS                                               PAGE(s)

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
Specially Serviced Loan Detail                                   17 - 18
Modified Loan Detail                                                19
Liquidated Loan Detail                                              20



    Underwriter
First Union Securities, Inc
201 South College Street
Charlotte, NC  28288
Contact: William J. Cohane
Phone Number: (704) 383-4984

    Underwriter
Merrill Lynch, Pierce, Fenner & Smith Inc.
World Financial Center, North Tower
250 Vesey Street
New York, NY 10281
Contact: John E. Gluszak
Phone Number: (212) 449-1000

    Master Servicer
First Union National Bank
Charlotte Plaza, Floor 23 NC-1075
201 South College Street
Charlotte, NC  28288
Contact: Timothy S. Ryan
Phone Number: (704) 593-7878

    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          33736XBY4       6.204000%               190,553,000.00        179,291,656.71          750,338.76
A-2          33736XBZ1       6.663000%               590,647,000.00        590,647,000.00                0.00
B            33736XCA5       6.819000%                42,565,000.00         42,565,000.00                0.00
C            33736XCB3       6.922000%                12,520,000.00         12,520,000.00                0.00
D            33736XCC1       6.951000%                12,519,000.00         12,519,000.00                0.00
E            33736XCD9       7.003000%                20,031,000.00         20,031,000.00                0.00
F            33736XCE7       7.123000%                10,015,000.00         10,015,000.00                0.00
G            33736XCF4       7.388000%                15,023,000.00         15,023,000.00                0.00
H            33736XCG2       7.487000%                17,527,000.00         17,527,000.00                0.00
J            33736XCH0       7.853605%                12,519,000.00         12,519,000.00                0.00
K            33736XCJ6       6.460000%                15,023,000.00         15,023,000.00                0.00
L            33736XCK3       6.460000%                20,031,000.00         20,031,000.00                0.00
M            33736XCL1       6.460000%                 5,008,000.00          5,008,000.00                0.00
N            33736XCM9       6.460000%                 6,048,000.00          6,048,000.00                0.00
O            33736XCN7       6.460000%                 5,908,000.00          5,908,000.00                0.00
P            33736XCP2       6.460000%                 3,939,000.00          3,939,000.00                0.00
Q            33736XCQ0       6.460000%                21,663,038.00         21,663,038.00                0.00
V            33736XCS6       6.828000%                 1,175,111.70          1,272,263.27           -7,239.18
Z-I             N/A          0.000000%                         0.00                  0.00                0.00
Z-II            N/A          0.000000%                         0.00                  0.00                0.00
R-I             N/A          0.000000%                         0.00                  0.00                0.00
R-II            N/A          0.000000%                         0.00                  0.00                0.00

Totals                                             1,002,714,149.70        991,549,957.98          743,099.58







Class       CUSIP             Interest          Prepayment      Realized Loss/          Total             Ending         Current
                             Distribution       Penalties       Additional Trust     Distribution         Balance     Subordination
                                                                 Fund Expenses                                           Level(1)
<s>      <c>        <c>                    <c>            <c>            <c>               <c>                <c>
A-1          33736XBY4            926,937.87        0.00            0.00        1,677,276.63          178,541,317.95      22.37%
A-2          33736XBZ1          3,279,567.47        0.00            0.00        3,279,567.47          590,647,000.00      22.37%
B            33736XCA5            241,875.61        0.00            0.00          241,875.61           42,565,000.00      18.07%
C            33736XCB3             72,219.53        0.00            0.00           72,219.53           12,520,000.00      16.81%
D            33736XCC1             72,516.31        0.00            0.00           72,516.31           12,519,000.00      15.54%
E            33736XCD9            116,897.58        0.00            0.00          116,897.58           20,031,000.00      13.52%
F            33736XCE7             59,447.37        0.00            0.00           59,447.37           10,015,000.00      12.51%
G            33736XCF4             92,491.60        0.00            0.00           92,491.60           15,023,000.00      11.00%
H            33736XCG2            109,353.87        0.00            0.00          109,353.87           17,527,000.00       9.23%
J            33736XCH0             81,932.74        0.00            0.00           81,932.74           12,519,000.00       7.96%
K            33736XCJ6             80,873.82        0.00            0.00           80,873.82           15,023,000.00       6.45%
L            33736XCK3            107,833.55        0.00            0.00          107,833.55           20,031,000.00       4.43%
M            33736XCL1             26,959.73        0.00            0.00           26,959.73            5,008,000.00       3.92%
N            33736XCM9             32,558.40        0.00            0.00           32,558.40            6,048,000.00       3.31%
O            33736XCN7             31,804.73        0.00            0.00           31,804.73            5,908,000.00       2.71%
P            33736XCP2             21,204.95        0.00            0.00           21,204.95            3,939,000.00       2.32%
Q            33736XCQ0            116,619.35        0.00            0.00          116,619.35           21,663,038.00       0.13%
V            33736XCS6              7,239.18        0.00            0.00                0.00            1,279,502.45       0.00%
Z-I             N/A                     0.00        0.00            0.00                0.00                    0.00       0.00%
Z-II            N/A                     0.00        0.00            0.00                0.00                    0.00       0.00%
R-I             N/A                     0.00        0.00            0.00                0.00                    0.00       0.00%
R-II            N/A                     0.00        0.00            0.00                0.00                    0.00       0.00%

Totals                          5,478,333.66        0.00            0.00        6,221,433.24          990,806,858.40









                                            Original             Beginning
                     Pass-Through           Notional              Notional
Class     CUSIP         Rate                 Amount                Amount
<s>    <c>           <c>                <c>                  <c>
IO       33736XCR8      1.223835%           1,001,539,038.00    990,277,694.71







                                                                              Ending
                         Interest         Prepayment         Total           Notional
Class     CUSIP        Distribution       Penalties       Distribution        Amount
<s>        <c>           <c>                 <c>            <c>                <c>
IO       33736XCR8    1,009,947.27          0.00        1,009,947.27        989,527,355.95







<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
                                                                                               Realized Loss/
                               Beginning       Principal       Interest       Prepayment     Additional Trust     Ending
 Class          CUSIP          Balance        Distribution   Distribution     Penalties      Fund Expenses        Balance
                                                              <c>              <c>             <c>
  A-1         33736XBY4      940.90177909      3.93769062     4.86446222      0.00000000       0.00000000       936.96408847
  A-2         33736XBZ1    1,000.00000000      0.00000000     5.55250000      0.00000000       0.00000000     1,000.00000000
   B          33736XCA5    1,000.00000000      0.00000000     5.68249994      0.00000000       0.00000000     1,000.00000000
   C          33736XCB3    1,000.00000000      0.00000000     5.76833307      0.00000000       0.00000000     1,000.00000000
   D          33736XCC1    1,000.00000000      0.00000000     5.79250020      0.00000000       0.00000000     1,000.00000000
   E          33736XCD9    1,000.00000000      0.00000000     5.83583346      0.00000000       0.00000000     1,000.00000000
   F          33736XCE7    1,000.00000000      0.00000000     5.93583325      0.00000000       0.00000000     1,000.00000000
   G          33736XCF4    1,000.00000000      0.00000000     6.15666644      0.00000000       0.00000000     1,000.00000000
   H          33736XCG2    1,000.00000000      0.00000000     6.23916643      0.00000000       0.00000000     1,000.00000000
   J          33736XCH0    1,000.00000000      0.00000000     6.54467130      0.00000000       0.00000000     1,000.00000000
   K          33736XCJ6    1,000.00000000      0.00000000     5.38333356      0.00000000       0.00000000     1,000.00000000
   L          33736XCK3    1,000.00000000      0.00000000     5.38333333      0.00000000       0.00000000     1,000.00000000
   M          33736XCL1    1,000.00000000      0.00000000     5.38333267      0.00000000       0.00000000     1,000.00000000
   N          33736XCM9    1,000.00000000      0.00000000     5.38333333      0.00000000       0.00000000     1,000.00000000
   O          33736XCN7    1,000.00000000      0.00000000     5.38333277      0.00000000       0.00000000     1,000.00000000
   P          33736XCP2    1,000.00000000      0.00000000     5.38333333      0.00000000       0.00000000     1,000.00000000
   Q          33736XCQ0    1,000.00000000      0.00000000     5.38333312      0.00000000       0.00000000     1,000.00000000
   V          33736XCS6    1,082.67432790     -6.16041862     6.16041862      0.00000000       0.00000000     1,088.83474652
  Z-I               N/A        0.00000000      0.00000000     0.00000000      0.00000000       0.00000000         0.00000000
  Z-II              N/A        0.00000000      0.00000000     0.00000000      0.00000000       0.00000000         0.00000000
  R-I               N/A        0.00000000      0.00000000     0.00000000      0.00000000       0.00000000         0.00000000
  R-II              N/A        0.00000000      0.00000000     0.00000000      0.00000000       0.00000000         0.00000000








                               Beginnning                                                       Ending
                                Notional             Interest             Prepayment           Notional
Class       CUSIP                Amount            Distribution           Penalties             Amount
                                                                            
IO       33736XCR8           988.75596171          1.00839531            0.00000000         988.00677598








                         Reconciliation Detail
Advance Summary
<s>                                                      <c>
P & I Advances Outstanding                                           202,638.55
Servicing Advances Outstanding                                             0.00

Reimbursement for Interest on P&I Advances                                 0.00
paid from general collections
Reimbursement for Interest on Servicing Advances                           0.00
paid from general collections

Aggregate amount of Nonrecoverable Advances                                0.00







Servicing Fee Summary
<s>                                                       <c>
Current Period Accrued Servicing Fees                                 44,263.34
Less Delinquent Servicing Fees                                         1,245.68
Less Reductions to Servicing Fees                                          0.00
Plus Servicing Fees for Delinquent Payments Received                   3,123.58
Plus Adjustments for Prior Servicing Calculation                           0.00
Total Servicing Fees Collected                                        46,141.24










Certificate Interest Reconciliation

 Class      Accrued           Net Aggregate    Deferred   Distributable   Distributable  Additional    Interest    Remaining Unpaid
            Certificate       Prepayment        Interest    Certificate     Certificate    Trust      Distribution   Distributable
            Interest        Interest Shortfall   Amount     Interest        Interest       Fund                       Certificate
                                                                             Adjustment   Expenses                      Interest
<s>            <c>               <c>              <c>           <c>            <c>         <c>                <c>             <c>
  A-1         926,937.87         0.00               0.00        926,937.87     0.00        0.00          926,937.87          0.00
  A-2       3,279,567.47         0.00               0.00      3,279,567.47     0.00        0.00        3,279,567.47          0.00
  IO        1,009,947.27         0.00               0.00      1,009,947.27     0.00        0.00        1,009,947.27          0.00
   B          241,875.61         0.00               0.00        241,875.61     0.00        0.00          241,875.61          0.00
   C           72,219.53         0.00               0.00         72,219.53     0.00        0.00           72,219.53          0.00
   D           72,516.31         0.00               0.00         72,516.31     0.00        0.00           72,516.31          0.00
   E          116,897.58         0.00               0.00        116,897.58     0.00        0.00          116,897.58          0.00
   F           59,447.37         0.00               0.00         59,447.37     0.00        0.00           59,447.37          0.00
   G           92,491.60         0.00               0.00         92,491.60     0.00        0.00           92,491.60          0.00
   H          109,353.87         0.00               0.00        109,353.87     0.00        0.00          109,353.87          0.00
   J           81,932.74         0.00               0.00         81,932.74     0.00        0.00           81,932.74          0.00
   K           80,873.82         0.00               0.00         80,873.82     0.00        0.00           80,873.82          0.00
   L          107,833.55         0.00               0.00        107,833.55     0.00        0.00          107,833.55          0.00
   M           26,959.73         0.00               0.00         26,959.73     0.00        0.00           26,959.73          0.00
   N           32,558.40         0.00               0.00         32,558.40     0.00        0.00           32,558.40             0
   O           31,804.73         0.00               0.00         31,804.73     0.00        0.00           31,804.73          0.00
   P           21,204.95         0.00               0.00         21,204.95     0.00        0.00           21,204.95             0
   Q          116,619.35         0.00               0.00        116,619.35     0.00        0.00          116,619.35         76.42
   V            7,239.18         0.00               0.00          7,239.18     0.00    7,239.18            7,239.18    103,757.79

 Total      6,488,280.93         0.00               0.00      6,488,280.93     0.00    7,239.18        6,488,280.93    103,834.21







                      Other Required Information
<s>                                                            <c>
Available Distribution Amount (1)                                                  7,231,380.51




Aggregate Number of Outstanding Loans                                                    108.00
Aggregate Stated Principal Balance of Loans Before Distribution                  991,549,957.98
Aggregate Stated Principal Balance of Loans After Distribution                   990,806,858.40
Aggregate Unpaid Principal Balance of Loans                                      990,826,061.56




Aggregate Amount of Servicing Fee                                                     46,141.24
Aggregate Amount of Special Servicing Fee                                                  0.00
Aggregate Amount of Trustee Fee                                                        1,815.51
Aggregate Trust Fund Expenses                                                              0.00




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




(1) The Available Distribution Amount includes any Prepayment Premiums.






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    Moody's    S&P      Fitch    Moody's    S&P
<s>        <c>            <c>     <c>       <c>              <c>       <c>
  A-1      33736XBY4       X        Aaa       AAA       X       Aaa       AAA
  A-2      33736XBZ1       X        Aaa       AAA       X       Aaa       AAA
   IO      33736XCR8       X        Aaa       AAA       X       Aaa       AAA
   B       33736XCA5       X        Aa2       AA        X       Aa2       AA
   C       33736XCB3       X        Aa3       AA-       X       Aa3       AA-
   D       33736XCC1       X        A1        A+        X        A1       A+
   E       33736XCD9       X        A2         A        X        A2        A
   F       33736XCE7       X        A3        A-        X        A3       A-
   G       33736XCF4       X       Baa1      BBB+       X       Baa1     BBB+
   H       33736XCG2       X       Baa2       BBB       X       Baa2      BBB
   J       33736XCH0       X       Baa3      BBB-       X       Baa3     BBB-
   K       33736XCJ6       X        Ba1       BB+       X       Ba1       BB+
   L       33736XCK3       X        Ba2       BB        X       Ba2       BB
   M       33736XCL1       X        Ba3       BB-       X       Ba3       BB-
   N       33736XCM9       X        B1        B+        X        B1       B+
   O       33736XCN7       X        B2         B        X        B2        B
   P       33736XCP2       X        B3        B-        X        B3       B-
   Q       33736XCQ0       X        NR        NR        X        NR       NR
   V       33736XCS6       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 2,000,000                    20         27,128,101.07        2.74          105      7.7444    1.422278
      2,000,001 to 4,000,000                19         53,986,501.83        5.45          100      7.6347    1.439081
      4,000,001 to 6,000,000                22        111,073,217.49       11.21          100      7.7695    1.510278
      6,000,001 to 8,000,000                10         70,366,802.17        7.10          100      7.7538    1.843769
     8,000,001 to 10,000,000                 8         75,111,917.15        7.58          100      7.6287    1.393424
     10,000,001 to 15,000,000                9        119,155,526.10       12.03           99      7.6264    1.576226
     15,000,001 to 20,000,000                6        101,471,854.65       10.24          102      7.5425    1.301763
     20,000,001 to 25,000,000                6        133,649,771.35       13.49          100      7.6413    1.511575
     25,000,001 to 30,000,000                2         54,477,303.03        5.50           78      8.3625    1.388644
     30,000,001 to 35,000,000                3         96,773,155.86        9.77          102      7.6839    1.119267
     35,000,001 to 40,000,000                0                  0.00        0.00            0      0.0000    0.000000
     40,000,001 to 45,000,000                1         44,000,000.00        4.44          100      6.7940    1.830000
     45,000,001 to 50,000,000                1         50,000,000.00        5.05          100      7.7500    2.140000
      50,000,001 or greater                  1         53,612,707.70        5.41          101      7.5800    1.390000

              Totals                       108        990,806,858.40      100.00           99      7.6616    1.500156




















                                              State(3)
                                                         % Of
                       # of            Scheduled          Agg.          WAM                  Weighted
        State         Props            Balance            Bal.          (2)      WAC         Avg DSCR(1)
  <s>                 <c>          <c>                   <c>          <c>           <c>           <c>
       Alabama            3         10,510,150.34        1.06           104     7.2200        1.585000
       Arizona            1          1,548,334.25        0.16           101     7.8750        1.381539
      Arkansas            1            904,709.06        0.09           101     7.8750        1.352425
     California          27        226,963,494.31       22.91            99     7.9608        1.525508
     Connecticut          4         12,879,057.95        1.30           100     7.8011        1.902743
      Delaware            2         11,621,671.38        1.17           101     7.3253        1.342051
       Florida           14         97,312,051.40        9.82            90     7.7828        1.268697
       Georgia            3         18,225,806.67        1.84           101     7.7312        1.798920
       Hawaii             1         20,568,129.53        2.08           100     8.0000        1.300000
        Idaho             1            874,437.52        0.09           101     8.0000        1.510000
      Illinois            2          7,507,580.14        0.76           101     7.4876        1.391395
       Indiana            1         12,400,000.00        1.25           104     7.4400        1.460000
        Maine             1          9,325,795.52        0.94           103     7.3000        1.260000
      Maryland            2         24,387,544.02        2.46            98     8.3300        1.520000
    Massachusetts         3          7,359,068.53        0.74           101     7.8447        1.418013
      Michigan            3          5,234,754.76        0.53           117     7.2092        1.474218
      Missouri            1          2,459,469.41        0.25           101     7.8750        1.381539
       Nevada             4         48,540,572.53        4.90           101     7.3346        1.152184
     New Jersey           5         33,856,876.61        3.42           100     7.5187        1.260402
     New Mexico           1          1,680,704.84        0.17            98     8.7500        2.860000
      New York            7         80,967,174.87        8.17           101     7.8236        1.536761
   North Carolina         2         27,033,997.14        2.73           103     7.1773        1.293699
      Oklahoma            1          7,241,000.00        0.73           104     7.4400        1.850000
    Pennsylvania          6         83,436,919.51        8.42           100     7.2038        1.553225
   South Carolina         1         11,755,689.61        1.19           103     7.2900        1.340000
      Tennessee           4          9,854,034.03        0.99           101     8.0249        1.409846
        Texas            26        120,667,589.12       12.18            98     7.5484        1.862072
      Virginia            6         39,217,429.61        3.96           103     7.3264        1.522785
    Washington,DC         1         53,612,707.70        5.41           101     7.5800        1.390000
      Wisconsin           1          2,860,108.03        0.29           101     7.7500        0.840000

       Totals           135        990,806,858.40      100.00            99     7.6616        1.500156









                           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>
           Unknown                  1         1,279,502.45        0.13        129       6.8280          NAP
        1.04 or less               10        55,421,280.85        5.59        100       7.3966     0.957489
        1.05 to 1.14                6        78,945,923.54        7.97        100       7.8334     1.080851
        1.15 to 1.19                5        53,566,335.02        5.41        100       7.5446     1.184118
        1.20 to 1.24                6        45,706,459.71        4.61         77       8.0901     1.228040
        1.25 to 1.29                6        64,766,252.84        6.54        103       7.3965     1.268721
        1.30 to 1.34                8       105,949,414.41       10.69        102       7.5870     1.323603
        1.35 to 1.39               10       123,864,731.50       12.50        101       7.7219     1.374746
        1.40 to 1.44                6        22,807,145.14        2.30        102       7.5913     1.410363
        1.45 to 1.49                4        48,620,336.14        4.91         99       7.3293     1.472146
        1.50 to 1.54                5        47,639,430.94        4.81        100       7.8640     1.518380
        1.55 to 1.59                5        42,060,330.22        4.25         96       8.4639     1.568415
        1.60 to 1.64                9        49,810,611.11        5.03         99       8.0312     1.620863
        1.65 to 1.69                4        12,205,725.18        1.23        101       7.6583     1.668165
        1.70 to 1.74                4        19,380,545.44        1.96        100       8.1104     1.720673
        1.75 to 1.79                0                 0.00        0.00          0       0.0000     0.000000
        1.80 to 1.89                3        56,569,619.71        5.71        101       6.9667     1.830676
        1.90 to 1.94                1         3,206,384.36        0.32        101       7.5000     1.900000
        1.95 to 1.99                3        25,728,326.44        2.60        100       7.3808     1.980769
       2.00 or greater             12       133,278,503.40       13.45        100       7.6679     2.240573

           Totals                 108       990,806,858.40      100.00         99       7.6616     1.500156




















                             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                 7        49,695,992.56        5.02        100       8.0943     1.295556
           Lodging                  8        61,577,061.91        6.21        100       7.9286     2.048210
          Mixed Use                 3        36,693,688.17        3.70         98       7.8710     2.046528
      Mobile Home Park              1           890,115.19        0.09         40       8.5000     1.040000
        Multi-Family               40       331,227,490.93       33.43         97       7.5036     1.391297
           Office                  29       288,880,884.26       29.16        100       7.7206     1.575079
           Retail                  27       186,919,633.24       18.87        103       7.5625     1.371041
        Self Storage               20        34,921,992.14        3.52        101       7.8750     1.366406

           Totals                 135       990,806,858.40      100.00         99       7.6616     1.500156






















                                    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               7        55,247,870.89        5.58        106       6.8098     1.638058
      7.000% to 7.249%             14       136,669,217.21       13.79        103       7.1774     1.288776
      7.250% to 7.499%             22       226,861,629.54       22.90        100       7.3436     1.565084
      7.500% to 7.749%             14       121,959,661.10       12.31        101       7.6056     1.410677
      7.750% to 7.999%             18       192,717,740.08       19.45        101       7.8030     1.755348
      8.000% to 8.249%             15       132,215,266.51       13.34         92       8.0485     1.281591
      8.250% to 8.499%              8        45,270,855.94        4.57         94       8.3466     1.347419
      8.500% to 8.749%              8        63,484,598.08        6.41         95       8.6571     1.500769
      8.750% or greater             2        16,380,019.05        1.65         94       8.8577     1.747233

           Totals                 108       990,806,858.40      100.00         99       7.6616     1.500156


















                                    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             0                 0.00        0.00          0       0.0000     0.000000
       13 to 24 months            105       941,048,862.35       94.98        100       7.6051     1.499542
       25 to 36 months              3        49,757,996.05        5.02         94       8.7306     1.511773
       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                 108       990,806,858.40      100.00         99       7.6616     1.500156














         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>
      60 months or less             2         4,147,946.90        0.42         38       8.3351     1.000730
       61 to 84 months              1        28,287,910.65        2.86         64       8.0500     1.230000
      85 to 108 months             90       891,661,469.31       89.99        100       7.6681     1.493343
      109 to 120 months             0                 0.00        0.00          0       0.0000     0.000000
    121 months or greater           0                 0.00        0.00          0       0.0000     0.000000

           Totals                  93       924,097,326.86       93.27         99       7.6828     1.483071










          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>
     108 months or less             9        55,461,660.65        5.60        101       7.4684     1.909148
      109 to 120 months             0                 0.00        0.00          0       0.0000     0.000000
      121 to 144 months             6        11,247,870.89        1.14        129       6.8715     0.887207
      145 to 300 months             0                 0.00        0.00          0       0.0000     0.000000
      301 to 348 months             0                 0.00        0.00          0       0.0000     0.000000
      349 to 360 months             0                 0.00        0.00          0       0.0000     0.000000
    361 months or greater           0                 0.00        0.00          0       0.0000     0.000000

           Totals                  15        66,709,531.54        6.73        106       7.3677     1.736839







          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>
        Interest Only               7        61,250,000.00        6.18        100       7.3500     2.102531
     108 months or less             0                 0.00        0.00          0       0.0000     0.000000
      109 to 120 months             0                 0.00        0.00          0       0.0000     0.000000
      121 to 144 months             0                 0.00        0.00          0       0.0000     0.000000
      145 to 300 months            12       251,757,129.22       25.41        100       7.5602     1.594870
      301 to 348 months            73       603,126,730.37       60.87         98       7.7652     1.360595
      349 to 360 months             0                 0.00        0.00          0       0.0000     0.000000
    361 months or greater           1         7,963,467.27        0.80         99       7.8800     2.460000

           Totals                  93       924,097,326.86       93.27         99       7.6828     1.483071










                           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        10        61,923,579.50        6.25        101       8.0175     1.350222
           Unknown                  1         1,279,502.45        0.13        129       6.8280          NAP
       1 year or less              94       910,707,086.19       91.92         99       7.6385     1.510280
        1 to 2 years                3        16,896,690.26        1.71        103       7.6636     1.617590
     2 years or greater             0                 0.00        0.00          0       0.0000     0.000000

           Totals                 108       990,806,858.40      100.00         99       7.6616     1.500156





<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 omission 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 the related
mortgage loan 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>
    265950394       1       OF     Washington                   DC                350,315.96          57,283.85
    265950357       2       LO     Various                    Various             333,680.56               0.00
    510000162       3       OF     Philadelphia                 PA                257,417.11               0.00
    265950334       4       MF     La Jolla                     CA                233,686.29          17,976.81
    510000172       5       RT     Islip                        NY                217,170.69          17,907.11
    603000006       6       MF     Tallahassee                  FL                189,837.12          20,797.12
    603000007       7       MF     Various                      FL                196,193.90          14,955.40
    603000008       8       OF     Anaheim                      CA                196,289.06          11,594.19
    510000146       9       OF     Gaithersburg                 MD                175,018.82          11,935.01
    265950525       10      MU     Sacramento                   CA                154,375.00               0.00
    265950455       11      MF     Las Vegas                    NV                142,793.75               0.00
    265950554       12      OF     New York                     NY                137,082.57          15,036.00
    510000160       13      RT     Kaneohe                      HI                141,831.06          20,250.35
    265950520       14      MF     Las Vegas                    NV                123,568.27          14,060.08
    510000165       15      SS     Various                    Various             123,219.13          18,221.61
    265950445       16      IN     Lake Forest                  CA                117,452.03          10,167.84
    265950532       17      RT     Asheboro                     NC                105,366.15          11,468.02
    510000166       18      SS     Various                    Various             113,833.35          16,833.64
    265950489       19      MF     Riverside                    CA                100,752.51          10,530.25
    265950448       20      MF     Neptune City                 NJ                 98,988.32          18,106.39
    265950378       21      MF     Irving                       TX                 94,937.50               0.00
    510000129       22      OF     New York                     NY                112,321.35           6,176.33
    503000023       23      MF     Moon Township                PA                 90,935.30           9,262.01
    265950381       24      MF     Irving                       TX                 90,190.63               0.00
    265950457       25      RT     Woodbridge                   VA                 79,489.85           8,263.23
    265950614       26      MF     Bloomington                  IN                 79,442.67               0.00
    265950322       27      OF     Bensalem Township            PA                 85,873.87           6,326.03
    265950611       28      RT     Los Angeles                  CA                 75,778.96           7,388.49
    503000029       29      RT     Bluffton                     SC                 73,844.41           7,657.68
    265950533       30      RT     Randleman                    NC                 61,827.77           6,735.11
    510000153       31      IN     Santa Cruz                   CA                 72,071.62           4,131.26
    265950386       32      MF     Dallas                       TX                 60,127.08               0.00
    265950400       33      RT     Chesapeake                   VA                 60,531.92           5,893.46
    265950450       34      MF     Wilmington                   DE                 58,048.71          10,617.94
    510000169       35      RT     Bangor                       ME                 58,661.06           6,056.84
    265950449       36      MF     Matawan                      NJ                 56,826.63          10,394.41
    510000128       37      IN     Sunnyvale                    CA                 65,636.27           4,140.81
    265330988       38      MU     Santa Monica                 CA                 54,640.30           4,456.18
    510000151       39      OF     New York                     NY                 54,042.41             863.37
    265950566       40      OF     Richmond                     VA                 42,530.52          45,403.61
    265330998       41      OF     Los Angeles                  CA                 52,947.09           3,661.75
    265330995       42      OF     San Francisco                CA                 50,958.39           4,073.95
    265950562       43      OF     Houston                      TX                 41,396.37          44,192.85
    265950619       44      MF     Norman                       OK                 46,390.67               0.00
    265330972       45      LO     Sabal Park                   FL                 48,498.94           5,538.52
    265950561       46      OF     Birmingham                   AL                 36,859.79          39,349.79
    265950377       47      MF     Richardson                   TX                 39,557.29               0.00
    265950384       48      MF     Bedford                      TX                 39,557.29               0.00
    510000168       49      RT     Jacksonville                 FL                 37,701.38           3,759.58
    510000148       50      OF     Parsippany                   NJ                 42,487.48           2,718.06
    510000144       51      RT     Los Angeles                  CA                 41,365.88           2,583.44
    265950348       52      OF     Austin                       TX                 35,581.85           3,104.41
    265950458       53      MF     Safety Harbor                FL                 35,431.21           3,042.59
    265950395       54      IN     Augusta                      GA                 35,152.39           2,996.56
    265950387       55      MF     Dallas                       TX                 33,228.13               0.00
    510000163       56      MF     Joliet                       IL                 33,472.12           3,236.64
    265950456       57      OF     Alexandria                   VA                 32,925.45           3,220.30
    265330973       58      LO     Tallahassee                  FL                 38,306.82           4,374.58
    265950321       59      MU     Las Vegas                    NV                 34,590.05           2,595.48
    510000156       60      MF     Lafayette Hills              PA                 30,294.55           3,442.01
    265950435       61      RT     Morrow                       GA                 32,457.83           2,900.63
    510000152       62      MF     Monterey                     CA                 32,078.42           2,957.37
    265950390       63      RT     Cupertino                    CA                 32,092.30           2,842.75
    265950444       64      OF     San Clemente                 CA                 31,954.83           2,766.33
    265950382       65      MF     San Antonio                  TX                 30,063.54               0.00
    510000159       66      RT     Austin                       TX                 31,992.03           2,494.90
    265950349       67      OF     Austin                       TX                 29,651.54           2,587.01
    265950565       68      OF     Richmond                     VA                 23,817.09          25,426.02
    510000145       69      RT     Jacksonville                 FL                 28,673.79           2,121.55
    503000070       70      OF     Pittsburgh                   PA                 27,383.05           2,234.27
    603000071       71      MF     Patton Township              PA                 25,834.98           2,408.01
    265950317       72      IN     Memphis                      TN                 25,583.75           1,823.41
    825999645       73      RT     Galt                         CA                 17,898.92          16,027.66
    265950370       74      MF     Pasadena                     TX                 23,267.93           1,616.73
    510000164       75      MF     Farmers Branch               TX                 20,720.84           2,003.63
    265950372       76      MF     Arlington                    TX                 22,348.70           1,534.54
    265950560       77      OF     Birmingham                   AL                 17,012.21          18,161.44
    265950563       78      OF     Houston                      TX                 17,012.21          18,161.44
    265950459       79      RT     Palm Beach Garden            FL                 19,044.06           1,739.78
    265950422       80      IN     Green Bay                    WI                 19,106.93           2,948.67
    510000161       81      OF     Healdsburg                   CA                 19,409.36           1,502.93
    825999649       82      RT     Palm Desert                  CA                 14,024.40          12,855.60
    265950365       83      MF     Newark                       DE                 15,335.28           1,404.04
    265950328       84      RT     Sterling                     IL                 14,964.50           1,472.37
    265950481       85      MF     Detroit                      MI                 14,963.13           1,339.87
    265950431       86      RT     Stamford                     CT                 15,127.50           1,225.62
    510000158       87      MF     Johnson Ciy                  TN                 14,702.72           1,146.59
    265330960       88      MF     Clarksville                  TN                 14,400.72           1,188.27
    265950559       89      OF     Birmingham                   AL                 11,908.55          12,713.01
    265950369       90      MF     Woburn                       MA                 13,131.94               0.00
    265330945       91      OF     San Francisco                CA                 13,210.04           1,118.20
    510000157       92      MF     Johnson Ciy                  TN                 13,443.46           1,048.39
    825999532       93      RT     Portage                      MI                  9,294.24           8,241.59
    510000154       94      IN     Plano                        TX                 11,571.58             902.42
    510000149       95      RT     Albuquerque                  NM                 12,668.96             704.95
    825999737       96      RT     Roanoke                      VA                  8,437.20           7,746.82
    825999799       97      RT     Warren                       MI                  7,771.40           7,239.82
    265950312       98      OF     Encino                       CA                 10,612.61             682.18
    265950564       99      OF     San Antonio                  TX                  7,939.03           8,475.34
    265950440      100      MF     Naples                       FL                  8,578.04             702.85
    265950353      101      OF     White Plains                 NY                  8,861.21             627.29
    265950367      102      MF     Stuart                       FL                  8,625.32             562.44
    265330909      103      MH     Roanoke                      TX                  6,518.09             402.13
    265950423      104      RT     Meridian                     ID                  6,027.12             466.70
    265950429      105      MF     Carson City                  NV                  5,732.63             500.16
    265950409      106      RT     Long Beach                   CA                  4,818.19             295.08
    265950428      107      MF     Brookline                    MA                  3,714.79             237.02
    825999649      108      RT     Palm Desert                  CA                  7,239.18          -7,239.18

     Totals                                                                     6,534,359.76         743,099.58










    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>
    265950394          N/A        02/01/2011         N       53,669,991.55        53,612,707.70         09/01/2002
    265950357          N/A        01/01/2011         N       50,000,000.00        50,000,000.00         09/01/2002
    510000162      01/31/2011     01/01/2029         N       44,000,000.00        44,000,000.00         09/01/2002
    265950334          N/A        01/01/2011         N       33,795,470.34        33,777,493.53         09/01/2002
    510000172      06/01/2011     06/01/2031         N       32,457,943.99        32,440,036.88         09/01/2002
    603000006      02/01/2011     02/01/2031         N       30,576,422.57        30,555,625.45         09/01/2002
    603000007          N/A        01/01/2008         N       28,302,866.05        28,287,910.65         09/01/2002
    603000008      07/01/2010     07/01/2030         N       26,200,986.57        26,189,392.38         09/01/2002
    510000146      11/01/2010     11/01/2030         N       24,399,479.03        24,387,544.02         09/01/2002
    265950525          N/A        11/10/2010         N       23,750,000.00        23,750,000.00         09/10/2002
    265950455          N/A        01/01/2011         N       22,500,000.00        22,500,000.00         09/01/2002
    265950554      04/01/2011     04/01/2031         N       22,233,612.53        22,218,576.53         09/01/2002
    510000160          N/A        01/01/2011         N       20,588,379.88        20,568,129.53         09/01/2002
    265950520          N/A        03/01/2011         N       20,239,581.35        20,225,521.27         09/01/2002
    510000165      02/01/2011     02/01/2026         N       18,170,562.74        18,152,341.13         09/01/2002
    265950445          N/A        04/01/2011         N       17,713,754.52        17,703,586.68         09/01/2002
    265950532          N/A        04/01/2011         N       17,046,627.13        17,035,159.11         08/01/2002
    510000166      02/01/2011     02/01/2026         N       16,786,484.64        16,769,651.00         09/01/2002
    265950489          N/A        02/01/2011         N       15,984,003.97        15,973,473.72         09/01/2002
    265950448          N/A        02/01/2011         N       15,855,749.40        15,837,643.01         09/01/2002
    265950378          N/A        01/01/2011         N       15,000,000.00        15,000,000.00         09/01/2002
    510000129          N/A        06/01/2010         N       14,705,490.54        14,699,314.21         09/01/2002
    503000023          N/A        02/01/2011         N       14,309,252.32        14,299,990.31         09/01/2002
    265950381          N/A        01/01/2011         N       14,250,000.00        14,250,000.00         09/01/2002
    265950457          N/A        03/01/2011         N       12,645,314.04        12,637,050.81         09/01/2002
    265950614          N/A        05/01/2011         N       12,400,000.00        12,400,000.00         09/01/2002
    265950322          N/A        12/01/2010         N       12,251,166.73        12,244,840.70         09/01/2002
    265950611          N/A        11/01/2009         N       11,876,028.95        11,868,640.46         09/01/2002
    503000029          N/A        04/01/2011         N       11,763,347.29        11,755,689.61         09/01/2002
    265950533          N/A        04/01/2011         N       10,005,573.14         9,998,838.03         08/01/2002
    510000153          N/A        01/01/2011         N        9,675,847.33         9,671,716.07         09/01/2002
    265950386          N/A        01/01/2011         N        9,500,000.00         9,500,000.00         09/01/2002
    265950400          N/A        01/01/2011         N        9,372,684.62         9,366,791.16         09/01/2002
    265950450          N/A        02/01/2011         N        9,298,124.67         9,287,506.73         09/01/2002
    510000169          N/A        04/01/2011         N        9,331,852.36         9,325,795.52         09/01/2002
    265950449          N/A        02/01/2011         N        9,102,374.59         9,091,980.18         09/01/2002
    510000128          N/A        06/01/2010         N        8,873,430.27         8,869,289.46         09/01/2002
    265330988          N/A        11/01/2010         N        7,991,592.86         7,987,136.68         09/01/2002
    510000151          N/A        12/01/2010         N        7,964,330.64         7,963,467.27         09/01/2002
    265950566          N/A        05/01/2011         N        6,840,759.46         6,795,355.85         09/01/2002
    265330998      11/01/2010     11/01/2030         N        7,408,065.92         7,404,404.17         09/01/2002
    265330995          N/A        10/01/2010         N        7,397,186.05         7,393,112.10         09/01/2002
    265950562          N/A        05/01/2011         N        6,658,339.19         6,614,146.34         09/01/2002
    265950619          N/A        05/01/2011         N        7,241,000.00         7,241,000.00         09/01/2002
    265330972          N/A        11/01/2010         N        6,473,718.28         6,468,179.76         09/01/2002
    265950561          N/A        05/01/2011         N        5,928,658.17         5,889,308.38         09/01/2002
    265950377          N/A        01/01/2011         N        6,250,000.00         6,250,000.00         09/01/2002
    265950384          N/A        01/01/2011         N        6,250,000.00         6,250,000.00         09/01/2002
    510000168          N/A        04/01/2011         N        5,932,554.35         5,928,794.77         09/01/2002
    510000148          N/A        10/01/2010         N        5,818,431.88         5,815,713.82         09/01/2002
    510000144          N/A        10/01/2010         N        5,631,628.62         5,629,045.18         09/01/2002
    265950348          N/A        01/01/2011         N        5,331,724.12         5,328,619.71         09/01/2002
    265950458          N/A        02/01/2011         N        5,295,484.63         5,292,442.04         09/01/2002
    265950395          N/A        03/01/2011         N        5,267,371.46         5,264,374.90         09/01/2002
    265950387          N/A        01/01/2011         N        5,250,000.00         5,250,000.00         09/01/2002
    510000163          N/A        02/01/2011         N        5,182,780.58         5,179,543.94         09/01/2002
    265950456          N/A        03/01/2011         N        5,139,248.52         5,136,028.22         09/01/2002
    265330973          N/A        11/01/2010         N        5,113,256.73         5,108,882.15         09/01/2002
    265950321          N/A        12/01/2010         N        4,959,146.97         4,956,551.49         09/01/2002
    510000156          N/A        01/01/2011         N        4,927,278.18         4,923,836.17         09/01/2002
    265950435          N/A        02/01/2011         N        4,907,937.64         4,905,037.01         09/01/2002
    510000152          N/A        01/01/2011         N        4,885,555.65         4,882,598.28         09/01/2002
    265950390          N/A        02/01/2011         N        4,840,061.56         4,837,218.81         09/01/2002
    265950444          N/A        04/01/2011         N        4,819,328.75         4,816,562.42         09/01/2002
    265950382          N/A        01/01/2011         N        4,750,000.00         4,750,000.00         09/01/2002
    510000159          N/A        01/01/2011         N        4,644,004.09         4,641,509.19         09/01/2002
    265950349          N/A        01/01/2011         N        4,443,103.43         4,440,516.42         09/01/2002
    265950565          N/A        05/01/2011         N        3,830,825.32         3,805,399.30         09/01/2002
    510000145      10/01/2010     10/01/2030         N        4,075,715.81         4,073,594.26         09/01/2002
    503000070          N/A        01/01/2011         N        4,025,274.60         4,023,040.33         09/01/2002
    603000071          N/A        01/01/2011         N        3,947,620.01         3,945,212.00         09/01/2002
    265950317          N/A        03/01/2011         N        3,649,897.19         3,648,073.78         09/01/2002
    825999645          N/A        06/01/2013         N        3,094,023.16         3,077,995.50         09/01/2002
    265950370          N/A        11/01/2005         N        3,259,448.44         3,257,831.71         09/01/2002
    510000164          N/A        02/01/2011         N        3,208,387.99         3,206,384.36         09/01/2002
    265950372          N/A        11/01/2010         N        3,172,778.70         3,171,244.16         09/01/2002
    265950560          N/A        05/01/2011         N        2,736,303.82         2,718,142.38         09/01/2002
    265950563          N/A        05/01/2011         N        2,736,303.82         2,718,142.38         09/01/2002
    265950459          N/A        02/01/2011         N        2,898,517.06         2,896,777.28         09/01/2002
    265950422          N/A        02/01/2011         N        2,863,056.70         2,860,108.03         09/01/2002
    510000161          N/A        02/01/2011         N        2,817,488.35         2,815,985.42         09/01/2002
    825999649          N/A        06/01/2013         N        2,464,746.32         2,451,890.72         09/01/2002
    265950365          N/A        02/01/2011         N        2,335,568.69         2,334,164.65         09/01/2002
    265950328          N/A        02/01/2011         N        2,329,508.57         2,328,036.20         09/01/2002
    265950481          N/A        03/01/2011         N        2,274,416.68         2,273,076.81         09/01/2002
    265950431          N/A        02/01/2011         N        2,223,723.91         2,222,498.29         09/01/2002
    510000158          N/A        01/01/2011         N        2,134,265.74         2,133,119.15         09/01/2002
    265330960          N/A        01/01/2011         N        2,123,607.98         2,122,419.71         09/01/2002
    265950559          N/A        05/01/2011         N        1,915,412.59         1,902,699.58         09/01/2002
    265950369          N/A        01/01/2011         N        2,000,000.00         2,000,000.00         09/01/2002
    265330945          N/A        04/01/2011         N        1,979,444.64         1,978,326.44         09/01/2002
    510000157          N/A        01/01/2011         N        1,951,469.78         1,950,421.39         09/01/2002
    825999532          N/A        06/01/2013         N        1,595,577.83         1,587,336.24         09/01/2002
    510000154          N/A        01/01/2011         N        1,679,746.06         1,678,843.64         09/01/2002
    510000149          N/A        11/01/2010         N        1,681,409.79         1,680,704.84         08/01/2002
    825999737          N/A        06/01/2013         N        1,484,551.09         1,476,804.27         09/01/2002
    825999799          N/A        06/01/2013         N        1,381,581.53         1,374,341.71         09/01/2002
    265950312          N/A        10/01/2010         N        1,455,055.82         1,454,373.64         09/01/2002
    265950564          N/A        05/01/2011         N        1,276,941.78         1,268,466.44         09/01/2002
    265950440          N/A        02/01/2011         N        1,264,964.33         1,264,261.48         09/01/2002
    265950353          N/A        11/01/2010         N        1,247,325.40         1,246,698.11         09/01/2002
    265950367          N/A        12/01/2010         N        1,192,440.07         1,191,877.63         09/01/2002
    265330909          N/A        01/01/2006         N          890,517.32           890,115.19         09/01/2002
    265950423          N/A        02/01/2011         N          874,904.22           874,437.52         09/01/2002
    265950429          N/A        01/01/2011         N          858,999.93           858,499.77         09/01/2002
    265950409          N/A        02/01/2011         N          658,272.97           657,977.89         08/01/2002
    265950428          N/A        02/01/2011         N          512,649.86           512,412.84         09/01/2002
    825999649          N/A        06/01/2013         N        1,272,263.27         1,279,502.45         09/01/2002


     Totals                                                 991,549,957.98       990,806,858.40






                         Appraisal               Appraisal                Res              Mod
Loan Number              Reduction               Reduction               Strat.            Code
                           Date                   Amount                  (2)              (3)
                                                

Totals                                              0.00
<FN>

(1) Property Type Code

SS- Self Storage
MF- Multi-Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
OT- Other
IW- Industrial/Warehouse

(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
                                                                                      
09/13/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
08/14/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
07/12/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
06/14/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
05/14/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
04/12/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
03/14/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
02/14/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
01/14/2002         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
12/14/2001         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
11/15/2001         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
10/15/2001         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
09/14/2001         0     $0.00           0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00
08/14/2001         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
                                    
09/13/2002            0       $0.00      0       $0.00
08/14/2002            0       $0.00      0       $0.00
07/12/2002            0       $0.00      0       $0.00
06/14/2002            0       $0.00      0       $0.00
05/14/2002            0       $0.00      0       $0.00
04/12/2002            0       $0.00      0       $0.00
03/14/2002            0       $0.00      0       $0.00
02/14/2002            0       $0.00      0       $0.00
01/14/2002            0       $0.00      0       $0.00
12/14/2001            0       $0.00      0       $0.00
11/15/2001            0       $0.00      0       $0.00
10/15/2001            0       $0.00      0       $0.00
09/14/2001            0       $0.00      0       $0.00
08/14/2001            0       $0.00      0       $0.00




Rate and Maturities

Distribution      Next Weighted Avg.            WAM
   Date           Coupon        Remit
                                      
08/14/2002        7.661613%     7.605847%        99
08/14/2002        7.661508%     7.605742%       100
07/12/2002        7.661403%     7.605638%       101
06/14/2002        7.661319%     7.605554%       102
05/14/2002        7.661216%     7.605451%       103
04/12/2002        7.661133%     7.605369%       104
03/14/2002        7.661031%     7.605267%       105
02/14/2002        7.660988%     7.605225%       106
01/14/2002        7.660887%     7.605124%       107
12/14/2001        7.660786%     7.605024%       108
11/15/2001        7.660706%     7.604944%       109
10/15/2001        7.660607%     7.604845%       110
09/14/2001        7.660527%     7.604766%       111
08/14/2001        7.660429%     7.604668%       112

<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.

</FN>




                        Delinquency Loan Detail

                Offering          # of           Paid                 Current          Outstanding     Status of
Loan Number     Document         Months        Through                P & I              P & I         Mortgage
            Cross-Reference      Delinq.         Date                 Advances           Advances**     Loan(1)
<s>         <c>                  <c>               <c>            <c>                  <c>         <c>
265950532          17              0           08/01/2002           116,123.89         116,123.89          B
265950533          30              0           08/01/2002            68,145.98          68,145.98          B
510000149          95              0           08/01/2002            13,282.83          13,282.83          B
265950409         106              0           08/01/2002             5,085.85           5,085.85          B



Totals             4                                                202,638.55         202,638.55






                     Resolution                                           Actual             Outstanding
Loan Number           Strategy         Servicing       Foreclosure      Principal             Servicing       Bankruptcy     REO
                       Code(2)       Transfer Date       Date            Balance               Advances       Date         Date
<s>                  <c>            <c>               <c>            <c>                 <c>             <c>            <c>
265950532                                                         17,046,627.13          0.00
265950533                                                         10,005,573.14          0.00
510000149                                                          1,681,409.79          0.00
265950409                                                            658,272.97          0.00





Totals                                                            29,391,883.03          0.00




                                          Current      Outstanding      Actual       Outstanding
                                           P & I         P & I         Principal      Servicing
                                          Advances      Advances        Balance        Advances

                                                                            
Totals by Delinquency Code:
Total for Status Code = B (4 Loans)    202,638.55       202,638.55   29,391,883.03      0.00





(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

                         No Specially Serviced Loans this Period


                       Specially Serviced Loan Detail - Part 2

                         No Specially Serviced Loans this Period



                             Modified Loan Detail

                                No Modified Loans


                            Liquidated Loan Detail

                               No Liquidated Loans