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 : October 18, 2002
(Date of earliest event reported)
Commission File No.: 333-62671-01
First Union National Bank-Chase Manhattan Bank
Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1999-C2
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2178384 52-2178389
52-7000342 52-2178388
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank Minnesota, N.A.
9062 Old Annapolis Rd
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 October 18, 2002 a distribution was made to holders of First Union National
Bank-Chase Manhattan Bank Commercial Mortgage Trust, Commercial Mortgage Pass-
Through Certificates Series 1999-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 1999-C2, relating to the
October 18, 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 National Bank-Chase Manhattan Bank
Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1999-C2
By: Wells Fargo Bank Minnesota, N.A., as Trustee
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: October 18, 2002
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1999-C2, relating to the
October 18, 2002 distribution.
Wells Fargo Bank Minnesota, N.A. First Union National Bank
Corporate Trust Services Commercial Mortgage Trust
9062 Old Annapolis Road Commercial Mortgage Pass-Through Certificates
Columbia, MD 21045-1951 Series 1999-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: 10/18/2002
Record Date: 09/30/2002
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 - 16
Principal Prepayment Detail 17
Historical Detail 18
Delinquency Loan Detail 19 - 20
Specially Serviced Loan Detail 21 - 28
Modified Loan Detail 29
Liquidated Loan Detail 30
This report has been compiled from information provided to Wells Fargo MN, N.A.
by various third parties, which may include the Servicer, Master Servicer,
Special Servicer and others. Wells Fargo 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 MN, N.A. expressly disclaims any
responsibility for the accuracy or completeness of information furnished by
third parties.
Underwriter
First Union Capital Markets
One First Union Center
301 South College Street
Charlotte, NC 28288
Contact: Craig M. Lieberman
Phone Number: (704) 383-7407
Underwriter
Chase Securities, Inc.
270 Park Avenue, 6th Floor
New York NY 10017
Contact: Steven Schwartz
Phone Number: (212) 834-5612
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
ARCap Special Servicing, Inc
5605 N. MacArthur Blvd
Irving, TX 75038
Contact: Chris Crouch
Phone Number: (972) 580-1688 Ext 30
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 337366AA6 6.363000% 203,500,000.00 144,904,939.78 12,942,526.68
A-2 337366AB4 6.645000% 673,747,967.00 673,747,967.00 0.00
B 337366AD0 6.795000% 47,260,093.00 47,260,093.00 0.00
C 337366AE8 6.944000% 62,028,874.00 62,028,874.00 0.00
D 337366AF5 7.062000% 14,768,779.00 14,768,779.00 0.00
E 337366AG3 7.188894% 41,352,582.00 41,352,582.00 0.00
F 337366AH1 7.188894% 17,722,535.00 17,722,535.00 0.00
G 337366AJ7 5.950000% 41,352,582.00 41,352,582.00 0.00
H 337366AK4 5.950000% 11,815,024.00 11,815,024.00 0.00
J 337366AL2 5.950000% 11,815,023.00 11,815,023.00 0.00
K 337366AM0 5.950000% 11,815,024.00 11,815,024.00 0.00
L 337366AN8 5.950000% 11,815,023.00 11,815,023.00 0.00
M 337366AP3 5.950000% 11,815,024.00 11,815,024.00 0.00
N 337366AQ1 5.950000% 20,676,291.00 20,676,291.00 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
R-III N/A 0.000000% 0.00 0.00 0.00
Totals 1,181,484,821.00 1,122,889,760.78 12,942,526.68
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 337366AA6 768,358.44 0.00 0.00 13,710,885.12 131,962,413.10 27.41%
A-2 337366AB4 3,730,879.37 0.00 0.00 3,730,879.37 673,747,967.00 27.41%
B 337366AD0 267,610.28 0.00 0.00 267,610.28 47,260,093.00 23.15%
C 337366AE8 358,940.42 0.00 0.00 358,940.42 62,028,874.00 17.56%
D 337366AF5 86,914.26 0.00 0.00 86,914.26 14,768,779.00 16.23%
E 337366AG3 247,732.79 0.00 0.00 247,732.79 41,352,582.00 12.51%
F 337366AH1 106,171.19 0.00 0.00 106,171.19 17,722,535.00 10.91%
G 337366AJ7 205,039.89 0.00 0.00 205,039.89 41,352,582.00 7.19%
H 337366AK4 58,582.83 0.00 0.00 58,582.83 11,815,024.00 6.12%
J 337366AL2 58,582.82 0.00 0.00 58,582.82 11,815,023.00 5.06%
K 337366AM0 58,582.83 0.00 0.00 58,582.83 11,815,024.00 3.99%
L 337366AN8 58,582.82 0.00 0.00 58,582.82 11,815,023.00 2.93%
M 337366AP3 58,582.83 0.00 0.00 58,582.83 11,815,024.00 1.86%
N 337366AQ1 61,370.73 0.00 0.00 61,370.73 20,676,291.00 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%
R-III N/A 0.00 0.00 0.00 0.00 0.00 0.00%
Totals 6,125,931.50 0.00 0.00 19,068,458.18 1,109,947,234.10
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<s> <c> <c> <c> <c>
IO 337366AC2 0.698313% 1,181,484,821.00 1,122,889,760.78
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<s> <c> <c> <c> <c> <c>
IO 337366AC2 653,440.04 0.00 653,440.04 1,109,947,234.10
<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 Tust Ending
Class CUSIP Balance Distribution Distribution Penalties Fund Expenses Balance
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 337366AA6 712.06358614 63.59963971 3.77571715 0.00000000 0.00000000 648.46394644
A-2 337366AB4 1,000.00000000 0.00000000 5.53750000 0.00000000 0.00000000 1,000.00000000
B 337366AD0 1,000.00000000 0.00000000 5.66250007 0.00000000 0.00000000 1,000.00000000
C 337366AE8 1,000.00000000 0.00000000 5.78666671 0.00000000 0.00000000 1,000.00000000
D 337366AF5 1,000.00000000 0.00000000 5.88499970 0.00000000 0.00000000 1,000.00000000
E 337366AG3 1,000.00000000 0.00000000 5.99074539 0.00000000 0.00000000 1,000.00000000
F 337366AH1 1,000.00000000 0.00000000 5.99074512 0.00000000 0.00000000 1,000.00000000
G 337366AJ7 1,000.00000000 0.00000000 4.95833344 0.00000000 0.00000000 1,000.00000000
H 337366AK4 1,000.00000000 0.00000000 4.95833356 0.00000000 0.00000000 1,000.00000000
J 337366AL2 1,000.00000000 0.00000000 4.95833313 0.00000000 0.00000000 1,000.00000000
K 337366AM0 1,000.00000000 0.00000000 4.95833356 0.00000000 0.00000000 1,000.00000000
L 337366AN8 1,000.00000000 0.00000000 4.95833313 0.00000000 0.00000000 1,000.00000000
M 337366AP3 1,000.00000000 0.00000000 4.95833356 0.00000000 0.00000000 1,000.00000000
N 337366AQ1 1,000.00000000 0.00000000 2.96816919 0.00000000 0.00000000 1,000.00000000
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
R-III 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
<s> <c> <c> <c> <c> <c>
IO 337366AC2 950.40557510 0.55306681 0.00000000 939.45111640
Reconciliation Detail
Advance Summary
<s> <c>
P & I Advances Outstanding 1,500,768.84
Servicing Advances Outstanding 0.00
Reimbursement for Interest on Advances 0.00
paid from general collections
Reimbursement for Interest on Servicing 0.00
Advances paid from general collections
Aggregate amount of Nonrecoverable Advances 0.00
Servicing Fee Breakdowns
<s> <c>
Current Period Accrued Servicing Fees 67,580.65
Less Delinquent Servicing Fees 1,755.69
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 2,361.20
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 68,186.16
Certificate Interest Reconciliation
Class Accrued Net Aggregate Distributable Distributable Additonal Interest Remaining Unpaid
Certificate Prepayment Certificate Certificate Trust Funds Distribution Distributable
Interest Interest Interest Interest Expenses Certificate Interest
Shortfall Adjustment
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 768,358.44 0.00 768,358.44 0.00 0.00 768,358.44 0.00
A-2 3,730,879.37 0.00 3,730,879.37 0.00 0.00 3,730,879.37 0.00
IO 653,440.04 0.00 653,440.04 0.00 0.00 653,440.04 0.00
B 267,610.28 0.00 267,610.28 0.00 0.00 267,610.28 0.00
C 358,940.42 0.00 358,940.42 0.00 0.00 358,940.42 0.00
D 86,914.26 0.00 86,914.26 0.00 0.00 86,914.26 0.00
E 247,732.79 0.00 247,732.79 0.00 0.00 247,732.79 0.00
F 106,171.19 0.00 106,171.19 0.00 0.00 106,171.19 0.00
G 205,039.89 0.00 205,039.89 0.00 0.00 205,039.89 0.00
H 58,582.83 0.00 58,582.83 0.00 0.00 58,582.83 0.00
J 58,582.82 0.00 58,582.82 0.00 0.00 58,582.82 0.00
K 58,582.83 0.00 58,582.83 0.00 0.00 58,582.83 0.00
L 58,582.82 0.00 58,582.82 0.00 0.00 58,582.82 0.00
M 58,582.83 0.00 58,582.83 0.00 0.00 58,582.83 0.00
N 102,519.94 0.00 102,519.94 0.00 41,149.22 61,370.73 318,291.64
Total 6,820,520.75 0.00 6,820,520.75 0.00 41,149.22 6,779,371.54 318,291.64
Other Required Information
<s> <c>
Available Distribution Amount (1) 19,721,898.22
Aggregate Number of Outstanding Loans 205.00
Aggregate Unpaid Principal Balance of Loans 1,110,219,476.99
Aggregate Stated Principal Balance of Loans 1,109,947,234.47
Aggregate Amount of Servicing Fee 68,186.16
Aggregate Amount of Special Servicing Fee 3,272.61
Aggregate Amount of Trustee Fee 2,105.42
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 10.00
Aggregate Unpaid Principal Balance 0.00
<FN>
(1) The Available Distribution Amount includes any Prepayment Premiums.
</FN>
Original Subordination Level
<s> <c> <c> <c>
Class A-1 25.75% Class G 6.75%
Class A-2 25.75% Class H 5.75%
Class B 21.75% Class J 4.75%
Class C 16.50% Class K 3.75%
Class D 15.25% Class L 2.75%
Class E 11.75% Class M 1.75%
Class F 10.25% Class N 0.00%
Appraisal Reduction Amount
Appraisal Cumulative Date Appraisal
Loan Reduction ASER Reduction
Number Amount Amount Effected
<s> <c> <c> <c>
245114332 673,185.96 4,381.32 10/11/2002
265999976 4,728,746.59 172,096.15 10/11/2002
Total 5,401,932.55 176,477.47
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> <c>
A-1 337366AA6 AAA Aaa X AAA Aaa X
A-2 337366AB4 AAA Aaa X AAA Aaa X
IO 337366AC2 AAA Aaa X AAA Aaa X
B 337366AD0 AA Aa2 X AA Aa2 X
C 337366AE8 A A2 X A A2 X
D 337366AF5 A- A3 X A- A3 X
E 337366AG3 BBB Baa2 X BBB Baa2 X
F 337366AH1 BBB- Baa3 X BBB- Baa3 X
G 337366AJ7 BB+ Ba1 X BB+ Ba1 X
H 337366AK4 BB Ba2 X BB Ba2 X
J 337366AL2 BB- Ba3 X BB- Ba3 X
K 337366AM0 B+ B1 X B+ B1 X
L 337366AN8 B B2 X B B2 X
M 337366AP3 B- B3 X B- B3 X
N 337366AQ1 NR NR X NR NR X
<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
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 1,000,000 8 6,103,450.70 0.55 96 7.9035 1.737183
1,000,001 to 2,000,000 40 60,033,052.50 5.41 113 7.5791 1.552790
2,000,001 to 3,000,000 49 119,795,200.44 10.79 116 7.4266 1.574226
3,000,001 to 4,000,000 22 79,067,527.55 7.12 104 7.6514 1.938960
4,000,001 to 5,000,000 21 95,946,394.15 8.64 84 7.3421 1.597755
5,000,001 to 6,000,000 12 64,552,874.09 5.82 91 7.2649 1.545367
6,000,001 to 7,000,000 9 56,378,188.85 5.08 75 7.3268 1.552576
7,000,001 to 8,000,000 6 44,767,333.51 4.03 96 7.1547 1.411260
8,000,001 to 9,000,000 6 52,402,820.99 4.72 94 7.1842 1.475641
9,000,001 to 10,000,000 4 38,193,726.57 3.44 76 7.4520 1.602069
10,000,001 to 15,000,000 14 168,097,711.57 15.14 73 7.4467 1.417461
15,000,001 to 20,000,000 7 120,588,159.03 10.86 75 7.1945 1.499130
20,000,001 to 25,000,000 4 90,515,051.80 8.15 72 7.4896 1.628450
25,000,001 and greater 3 113,505,742.72 10.23 75 7.1042 1.333793
Totals 205 1,109,947,234.47 100.00 87 7.3602 1.531725
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 5 32,072,666.62 2.89 81 7.3395 1.442011
Arizona 5 23,481,177.85 2.12 77 7.5151 1.330034
Arkansas 1 3,548,284.06 0.32 164 7.2350 NAP
California 37 143,483,423.88 12.93 77 7.6822 1.566563
Connecticut 6 51,526,655.91 4.64 80 7.6667 1.466876
Delaware 1 21,145,318.23 1.91 73 6.7500 1.330000
Florida 20 76,170,330.74 6.86 86 7.2952 1.470434
Georgia 17 111,976,987.81 10.09 77 7.4657 1.424594
Hawaii 1 6,071,532.86 0.55 77 6.9100 1.150000
Illinois 6 21,266,742.64 1.92 74 6.9647 1.434352
Indiana 3 15,713,880.57 1.42 76 7.3584 1.598560
Iowa 1 3,864,523.10 0.35 214 8.1100 NAP
Kansas 4 19,649,988.84 1.77 74 6.7807 1.638974
Kentucky 2 2,583,765.37 0.23 162 7.3911 1.569404
Louisiana 2 5,689,793.93 0.51 132 7.8699 1.560044
Maryland 2 9,143,482.30 0.82 99 7.2598 1.360000
Massachusetts 6 22,678,739.04 2.04 97 7.6451 1.621951
Michigan 3 17,643,513.56 1.59 120 7.3954 1.340000
Minnesota 2 13,684,455.07 1.23 73 6.7697 1.727754
Missouri 4 26,157,499.88 2.36 79 6.8786 1.914048
Nebraska 8 10,848,032.22 0.98 77 7.6546 1.508018
Nevada 5 33,527,199.39 3.02 85 7.6156 1.287170
New Hampshire 1 2,396,463.51 0.22 212 6.9420 NAP
New Jersey 7 53,348,361.18 4.81 73 6.7468 1.612015
New York 16 65,533,266.71 5.90 79 7.7116 2.031624
North Carolina 18 66,070,640.60 5.95 114 7.3433 1.350705
Ohio 4 9,934,783.70 0.90 110 7.7972 1.340828
Oregon 1 2,514,321.46 0.23 76 7.7500 1.660000
Pennsylvania 9 61,778,570.07 5.57 84 7.2175 1.487560
Rhode Island 1 994,960.98 0.09 77 8.5000 1.730000
South Carolina 4 18,577,770.84 1.67 108 8.1092 -0.040000
Tennessee 4 10,059,590.95 0.91 126 7.3278 1.929349
Texas 13 80,773,993.91 7.28 82 6.8488 1.759081
Utah 1 3,203,794.79 0.29 79 7.8500 1.450000
Virginia 18 34,997,104.35 3.15 138 7.3249 1.984589
Washington 1 17,685,443.55 1.59 69 7.2130 1.490000
Wisconsin 3 10,150,174.00 0.91 77 7.8594 0.333298
Totals 242 1,109,947,234.47 100.00 87 7.3602 1.531725
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>
Credit Lease 27 72,108,293.63 6.50 186 7.2023 NAP
1.19 or less 24 165,690,795.96 14.93 81 7.4161 0.940410
1.20 to 1.24 3 9,357,399.78 0.84 79 7.5375 1.230165
1.25 to 1.29 4 16,203,376.72 1.46 103 7.7157 1.273295
1.30 to 1.34 16 97,270,038.76 8.76 77 7.1071 1.328801
1.35 to 1.39 12 57,070,323.88 5.14 76 7.4604 1.369559
1.40 to 1.44 10 57,868,282.82 5.21 88 7.5353 1.419661
1.45 to 1.49 11 81,808,480.20 7.37 73 7.4951 1.472145
1.50 to 1.54 16 152,649,416.98 13.75 76 7.5477 1.523995
1.55 to 1.59 10 64,620,521.06 5.82 76 7.4321 1.575748
1.60 to 1.69 11 51,498,955.32 4.64 86 7.4846 1.659289
1.7 and greater 61 283,801,349.36 25.57 81 7.1935 2.014820
Totals 205 1,109,947,234.47 100.00 87 7.3602 1.531725
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>
Health Care 9 23,017,792.82 2.07 84 7.7194 1.895310
Industrial 13 35,718,320.37 3.22 77 7.6846 1.248313
Lodging 27 175,443,253.89 15.81 94 7.2291 1.371129
Mixed Use 9 41,901,312.99 3.78 77 7.6560 1.507751
Mobile Home Park 3 9,034,647.92 0.81 75 7.5708 1.246940
Multi-Family 85 354,331,919.96 31.92 83 7.4533 1.445252
Office 23 145,202,813.01 13.08 73 7.5731 1.735801
Other 1 1,346,536.24 0.12 247 7.7500 NAP
Retail 71 322,121,420.37 29.02 95 7.1253 1.644400
Self Storage 1 1,829,216.91 0.16 77 7.3750 2.060000
Totals 242 1,109,947,234.47 100.00 87 7.3602 1.531725
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>
6.749% or Less 18 137,917,290.66 12.43 76 6.5526 1.765791
6.750% to 6.999% 21 126,418,430.04 11.39 102 6.8238 1.442540
7.000% to 7.249% 32 170,207,436.72 15.33 90 7.1125 1.595193
7.250% to 7.499% 40 172,170,689.69 15.51 101 7.3625 1.493384
7.500% to 7.749% 36 297,529,883.03 26.81 77 7.6199 1.566664
7.750% to 7.999% 30 106,945,753.47 9.64 81 7.8167 1.431937
8.000% to 8.249% 13 36,331,815.86 3.27 91 8.0700 1.441718
8.250% to 8.499% 7 37,361,560.78 3.37 74 8.2699 1.434291
8.500% to 8.999% 5 18,979,466.58 1.71 89 8.5710 0.472353
9.000% and greater 3 6,084,907.64 0.55 129 9.3437 1.958435
Totals 205 1,109,947,234.47 100.00 87 7.3602 1.531725
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 0 0.00 0.00 0 0.0000 0.000000
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
37 to 48 months 152 874,261,230.66 78.77 80 7.3683 1.500538
49 months and greater 53 235,686,003.81 21.23 111 7.3301 1.665103
Totals 205 1,109,947,234.47 100.00 87 7.3602 1.531725
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>
108 months or less 163 983,723,900.99 88.63 74 7.3685 1.523302
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 4 17,438,378.90 1.57 128 7.1696 1.433620
157 to 216 months 12 38,199,823.99 3.44 186 7.1814 NAP
217 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 252 months 0 0.00 0.00 0 0.0000 0.000000
253 to 300 months 0 0.00 0.00 0 0.0000 0.000000
301 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 179 1,039,362,103.88 93.64 79 7.3583 1.521950
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 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 156 months 4 9,439,527.63 0.85 131 8.4549 2.058572
157 to 216 months 18 53,730,906.82 4.84 197 7.1658 1.779882
217 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 252 months 1 1,346,536.24 0.12 247 7.7500 NAP
253 to 300 months 1 3,102,801.31 0.28 253 7.2500 1.670000
301 and greater 2 2,965,358.59 0.27 309 7.9767 1.228110
Totals 26 70,585,130.59 6.36 196 7.3871 1.781697
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>
180 months or less 0 0.00 0.00 0 0.0000 0.000000
181 to 228 months 16 43,723,945.89 3.94 122 7.3752 1.783192
229 to 240 months 1 5,064,884.12 0.46 192 6.7500 NAP
241 to 264 months 44 230,926,795.02 20.81 80 7.3254 1.400395
265 to 288 months 5 17,736,879.64 1.60 109 7.2304 1.440925
289 to 300 months 4 53,437,847.51 4.81 75 7.7640 1.310505
301 to 348 months 109 688,471,751.70 62.03 75 7.3446 1.570592
349 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 179 1,039,362,103.88 93.64 79 7.3583 1.521950
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>
Credit Lease 27 72,108,293.63 6.50 186 7.2023 NAP
Underwriter's Information 8 9,595,765.29 0.86 107 7.4100 1.310000
1 year or less 160 968,985,325.42 87.30 80 7.3457 1.543956
1 to 2 years 8 49,164,121.56 4.43 78 7.7912 1.304813
2 years or greater 2 10,093,728.57 0.91 78 7.7252 1.673635
Totals 205 1,109,947,234.47 100.00 87 7.3602 1.531725
<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 ommision 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>
480000001 1 LO Various Various 267,062.58 87,402.40 6.750%
265300078 2 Various Various CA 230,833.84 34,201.97 7.610%
265999996 3 MF Newnan GA 177,330.14 0.00 7.050%
480000004 4 LO Hoover AL 146,946.86 40,572.86 7.400%
480000005 5 OF Los Angeles CA 163,491.69 20,705.20 8.250%
480000006 6 MF Smyrna GA 139,296.66 20,485.96 7.650%
480000007 7 RT Amarillo TX 115,858.54 24,847.43 6.570%
480000008 8 OF Stamford CT 124,542.75 18,325.29 7.720%
480000009 9 RT South Plainfield NJ 100,972.50 21,508.55 6.570%
480000010 10 RT Lewisville TX 99,725.93 21,243.00 6.570%
480000011 11 LO Seattle WA 106,494.80 31,699.72 7.213%
265300024 12 RT Phoenix AZ 102,971.26 15,915.21 7.500%
265300057 13 MF Bellflower CA 95,776.60 14,699.29 7.500%
265300050 14 MF Henderson NV 93,313.16 14,931.28 7.370%
265300048 15 MF New York NY 94,979.33 13,747.10 7.700%
265300038 16 MF Philadelphia PA 90,806.37 13,185.12 7.690%
480000017 17 RT Allentown PA 80,456.46 15,525.99 6.950%
480000018 18 OF Marlboro NJ 73,068.21 15,926.98 6.500%
480000019 19 MF Raleigh NC 80,846.64 14,259.81 7.375%
265999976 20 LO Charleston SC 87,872.23 16,807.29 8.500%
480000021 21 RT Novi MI 77,066.29 11,369.57 7.600%
255999863 22 OF Maryland Heights MO 68,600.00 0.00 6.860%
480000023 23 RT Philadelphia PA 64,208.67 11,626.85 7.275%
480000024 24 MF Roswell GA 66,370.03 9,760.85 7.650%
480000025 25 MF Clarkston GA 65,426.41 9,756.23 7.550%
265300045 26 MF Various CA 65,797.90 9,702.46 7.625%
480000027 27 RT Derby CT 67,456.40 9,400.96 7.875%
255999598 28 MF Matawan NJ 61,191.29 10,434.16 7.240%
480000029 29 MF Largo FL 63,339.16 9,315.10 7.650%
480000030 30 OF New York NY 63,786.25 9,113.93 7.700%
355132452 31 MF Charlotte NC 50,650.20 25,683.75 6.800%
480000032 32 RT Miami FL 54,601.30 10,259.10 7.050%
480000033 33 MF Atlanta GA 55,694.35 9,823.42 7.375%
480000034 34 RT Minnetonka MN 48,025.91 10,230.18 6.570%
480000035 35 MF Clearwater FL 56,102.16 8,250.79 7.650%
265300042 36 MF Las Vegas NV 56,437.71 8,039.39 7.750%
255999747 37 OF Various PA 49,971.46 11,931.88 7.000%
265300018 38 MF Indianapolis IN 52,969.82 8,701.09 7.340%
480000039 39 LO Kissimmee FL 44,796.63 12,982.57 7.000%
825999751 40 RT Norwalk CT 48,803.10 9,731.95 7.750%
480000041 41 RT Oxnard CA 41,202.55 8,776.72 6.570%
480000042 42 RT Wichita KS 41,202.55 8,776.72 6.570%
480000043 43 MF Pikesville MD 46,052.64 8,122.81 7.375%
265300052 44 RT Auburn MA 45,184.41 6,505.20 7.700%
265300025 45 RT Cerritos CA 43,738.79 6,138.54 7.780%
265300007 46 MF Various IL 39,531.77 9,849.97 7.470%
480000047 47 MF Fayetteville NC 40,662.21 6,063.45 7.550%
480000048 48 OF New York NY 38,000.37 6,970.34 7.125%
265300060 49 OF New York NY 40,253.57 5,776.86 7.710%
255999680 50 RT Lafayette IN 36,076.45 10,882.57 7.375%
265300016 51 MF Ewa HI 34,999.54 6,534.42 6.910%
480000052 52 RT Manchester MO 33,067.02 7,043.73 6.570%
255999829 53 RT Norwalk CT 35,902.64 6,467.52 7.125%
825999708 54 LO Raleigh NC 32,989.51 0.00 7.235%
265999995 55 RT Mission Viejo CA 38,439.28 5,797.83 7.625%
255999783 56 LO Tampa FL 33,654.72 9,620.51 7.100%
255999600 57 LO Gastonia NC 34,542.51 8,791.67 7.625%
480000058 58 RT Dallas TX 30,180.21 6,428.81 6.570%
480000059 59 MF Smyrna GA 35,380.86 5,203.36 7.650%
265300073 60 MF Euless TX 31,968.72 5,364.63 7.200%
480000061 61 MF Charlotte NC 33,569.25 5,005.77 7.550%
825999870 62 RT Chesapeake VA 28,548.21 10,352.56 6.750%
255999781 63 LO Sarasota FL 30,177.22 8,626.43 7.100%
255999950 64 MF Wallkill NY 32,635.76 5,121.82 7.500%
265999999 65 HC New Rochelle NY 37,058.64 19,337.58 9.375%
255999936 66 MH Monticello MN 29,278.27 8,247.33 7.125%
265300066 67 MF Grand Island NE 31,565.72 4,829.05 7.510%
265300010 68 OF Boston MA 32,810.61 7,083.00 7.930%
480000069 69 RT Wichita KS 27,162.19 5,785.93 6.570%
255999917 70 MF Tallahassee FL 28,448.87 5,185.89 6.875%
480000071 71 IN Exton PA 29,145.94 7,717.21 7.250%
480000072 72 RT Wichita KS 26,768.54 5,702.07 6.570%
480000073 73 MF Cincinnati OH 32,592.08 4,389.66 8.000%
245114243 74 LO Alexandria VA 28,635.66 10,672.21 7.375%
255999833 75 MF Roselle Park NJ 24,333.41 6,047.12 6.125%
255999780 76 LO Knoxville TN 27,664.76 7,908.22 7.100%
265999981 77 MU Monroe CT 29,366.57 4,821.85 7.375%
255999948 78 HC Macon GA 24,255.67 8,154.27 6.500%
480000079 79 MF Lutz FL 27,463.46 4,038.97 7.650%
255999726 80 HC Various GA 25,769.01 10,827.41 7.625%
480000081 81 OF Wellesley MA 27,823.78 3,850.52 7.800%
265300033 82 IN Green Bay WI 27,902.32 3,819.47 7.875%
480000083 83 IN Exton PA 24,859.77 6,582.33 7.250%
480000084 84 RT Joplin MO 22,831.99 4,863.53 6.570%
265999978 85 RT Orange CA 26,481.88 3,584.34 7.500%
480000086 86 OF Atlanta GA 27,279.11 3,791.82 7.900%
825999709 87 LO Hilton Head SC 22,392.88 0.00 7.235%
265300029 88 OF Fenton MO 25,543.57 5,823.50 7.730%
245114242 89 LO Alexandria VA 23,458.12 8,742.59 7.375%
265300040 90 RT Las Vegas NV 27,053.50 5,391.22 8.250%
480000091 91 OF Pasadena CA 26,249.36 3,606.65 7.920%
825999748 92 RT Davenport IA 26,159.22 6,138.78 8.110%
255999954 93 RT San Diego CA 23,861.70 4,107.53 7.250%
480000094 94 MF Marietta GA 25,236.70 3,711.48 7.650%
825999697 95 LO Little Rock AR 21,393.20 0.00 7.235%
265300000 96 OF Bronx NY 24,786.24 3,512.04 7.750%
265300034 97 IN Green Bay WI 23,045.62 8,544.72 7.830%
265300044 98 RT Flower Mound TX 23,563.25 3,328.13 7.760%
480000099 99 IN North Haven CT 23,459.57 3,276.07 7.910%
480000100 100 IN Vernon CA 23,766.88 3,066.43 8.020%
245114332 101 LO Asheville NC 21,497.13 8,808.91 7.810%
265300058 102 RT San Francisco CA 23,635.69 3,006.05 8.090%
480000103 103 RT Baton Rouge LA 23,341.85 2,829.55 8.200%
255999931 104 RT Scarsdale & New R NY 19,608.48 3,677.11 7.000%
480000105 105 RT Philadelphia PA 18,612.64 3,763.99 6.750%
480000106 106 OF Draper UT 20,976.85 2,857.03 7.850%
255999965 107 MF Boone NC 18,776.76 5,075.87 7.250%
255999563 108 HC Statesville NC 18,323.39 3,404.03 7.125%
825999678 109 LO Sparks NV 16,744.67 0.00 7.235%
480000110 110 OF Southborough MA 15,664.04 13,510.87 7.125%
825999696 111 LO Mobile AL 16,294.82 0.00 7.235%
255999804 112 HC Burlington NC 17,332.94 3,291.44 7.000%
825999591 113 RT Commerce Townsh MI 16,664.93 4,640.96 6.942%
265300069 114 MU Savannah GA 21,022.81 3,641.50 8.750%
480000115 115 OF Las Vegas NV 19,424.11 2,588.83 8.000%
480000116 116 OF Carpinteria CA 18,407.92 2,654.60 7.750%
265999979 117 MF Denton TX 18,994.23 2,578.45 8.000%
255999650 118 RT Ft. Meyers FL 14,951.35 7,222.20 7.000%
825999914 119 RT Colleyville TX 14,206.42 7,303.58 6.700%
265300074 120 MF Fort Worth TX 16,901.50 2,619.02 7.470%
480000121 121 MF Charlotte NC 16,998.64 2,534.79 7.550%
825999588 122 RT Holland MI 15,125.82 4,212.33 6.942%
245114238 123 LO Fredericksburg VA 15,426.51 5,749.29 7.375%
265300081 124 MF Los Angeles CA 16,791.48 3,119.14 7.750%
825999906 125 RT Pembroke Pines FL 13,618.51 7,035.14 6.750%
25-5999947 126 LO Richmond VA 13,951.13 6,779.84 6.875%
825999874 127 RT York PA 13,975.20 7,271.94 7.020%
265999982 128 RT Medford OR 16,262.57 3,753.64 7.750%
255999933 129 MF Orange NJ 16,388.54 2,388.63 7.750%
255999782 130 LO Mobile AL 14,558.94 4,161.81 7.100%
265300008 131 MF St. Augustine Beach FL 15,282.22 2,542.62 7.300%
825114249 132 RT Franklin TN 13,876.00 6,388.35 7.125%
265300041 133 MU Lawrenceville GA 16,610.62 2,173.75 8.000%
825114317 134 RT Yarmouth MA 14,952.60 3,485.89 7.375%
825999895 135 RT Dallas TX 13,006.50 6,662.17 6.750%
265300013 136 MF San Francisco CA 15,110.22 3,734.06 7.500%
825999574 137 RT Claremont NH 13,884.30 3,587.89 6.942%
265300064 138 MF North Platte NE 15,315.44 2,343.02 7.510%
265300062 139 MH Ranch Mirage CA 15,812.99 2,240.60 7.750%
265300028 140 MF Grand Prairie TX 14,996.37 2,408.64 7.375%
265300055 141 IN Phoenix AZ 15,442.32 2,278.33 7.640%
245114237 142 LO Shreveport LA 14,024.61 5,226.81 7.375%
265300032 143 IN Green Bay WI 15,625.30 2,138.90 7.875%
265300017 144 MF Phoenix AZ 14,574.74 2,367.52 7.375%
825999929 145 RT Oviedo FL 12,324.00 5,791.67 6.688%
265300035 146 MF Topeka KS 16,033.95 3,089.75 8.375%
825999592 147 RT Ironton OH 13,102.46 3,385.85 6.942%
480000148 148 RT Various NY 14,735.39 2,006.46 7.875%
265999990 149 MF Arlington VA 14,225.08 2,073.30 7.750%
245114239 150 LO Charlotte NC 12,901.97 4,808.42 7.375%
255999890 151 MU Livingston NJ 12,404.93 3,555.06 7.040%
265999998 152 MF Los Angeles CA 13,061.69 2,133.16 7.375%
265300019 153 RT Commack NY 13,900.42 2,958.69 8.050%
265300047 154 RT Copperas Cove TX 13,876.82 1,839.21 7.960%
255999651 155 RT Montgomery AL 11,239.65 5,429.28 7.000%
480000156 156 OF Pasadena CA 13,959.17 1,728.94 8.190%
255999966 157 RT East Northport NY 11,565.27 2,230.24 6.875%
265300022 158 MF Nashville TN 12,191.96 2,025.53 7.270%
265300014 159 HC Woodstock VA 13,265.50 2,084.72 8.250%
265300020 160 SS Charlottesville VA 11,270.88 4,688.46 7.375%
245114188 161 MF Long Branch NJ 11,931.03 2,012.20 7.470%
255999988 162 MF Radford VA 10,829.10 2,102.94 6.875%
265300051 163 MF Chesapeake VA 12,827.16 2,471.80 8.375%
265999993 164 IN North Miami FL 11,704.49 2,744.95 7.750%
265999991 165 IN Margate FL 11,760.92 1,743.45 7.750%
265999975 166 MF Omaha NE 12,669.18 1,528.97 8.375%
265300026 167 HC Charlottesville VA 12,392.45 1,505.98 8.250%
815114264 168 RT Tallahassee FL 10,222.21 4,163.56 7.250%
825999776 169 RT Lansdowne MD 9,340.57 4,715.60 6.740%
480000170 170 RT Winter Park FL 9,527.89 2,003.66 6.630%
255999603 171 LO Asheville NC 11,061.07 4,163.32 8.150%
265300049 172 MH Hamilton OH 11,986.89 2,146.53 8.625%
255999951 173 MF New Windsor NY 10,126.46 1,684.09 7.375%
825999949 175 RT Tarboro NC 9,245.51 3,751.78 7.125%
265999977 176 RT New York NY 10,857.07 2,297.86 8.120%
265300065 177 MF Norfolk NE 9,712.53 1,485.86 7.510%
265300039 178 MF Sarasota FL 10,299.24 2,134.73 8.080%
825999797 180 RT Rocky Mount VA 8,303.47 2,719.11 7.000%
265300063 181 MF Marietta GA 9,797.60 1,302.69 7.950%
245114240 182 LO Mount Sterling KY 8,601.31 3,205.62 7.375%
255999850 183 RT Riverside CA 8,833.03 2,318.11 7.410%
265999983 184 MF Bronx NY 9,379.17 1,367.01 7.750%
255999987 186 MF Radford VA 7,875.71 1,529.41 6.875%
255999859 187 RT Garner NC 8,336.79 1,350,087.94 7.410%
255999727 188 MF Lowell MA 8,271.95 1,345.08 7.320%
265300056 189 IN Phoenix AZ 8,647.70 1,275.86 7.640%
825999800 190 OT Rock Hill SC 8,704.10 1,195.90 7.750%
255999852 191 RT Fresno CA 7,840.56 1,269,725.66 7.410%
265999994 192 IN Margate FL 8,106.88 1,901.23 7.750%
825114352 193 RT Greenville SC 6,729.23 4,886.00 7.125%
255999839 196 RT Peru IL 7,542.81 1,221,508.12 7.410%
255999860 197 RT Dothan AL 7,443.56 1,953.47 7.410%
255999847 198 RT Evansville IN 7,443.56 1,953.47 7.410%
255999842 199 RT Hopkinsville KY 7,344.32 1,927.41 7.410%
255999844 200 RT Tallahassee FL 7,344.32 1,189,363.36 7.410%
255999849 201 RT Visalia CA 7,344.32 1,927.41 7.410%
255999837 203 RT Albany GA 7,145.82 1,875.32 7.410%
255999855 204 RT Heath OH 7,145.82 1,157,218.59 7.410%
255999836 206 RT Temple TX 7,046.58 1,141,145.87 7.410%
255999858 207 RT Zanesville OH 6,947.33 1,823.23 7.410%
255999851 208 RT Fresno CA 6,848.08 1,797.18 7.410%
255999857 209 RT Jackson MS 6,848.08 1,109,001.09 7.410%
255999853 211 RT Champaign IL 6,550.34 1,060,783.61 7.410%
255999854 212 RT Sanford NC 6,451.09 1,044,710.90 7.410%
255999830 213 RT Moberly MO 6,451.09 1,044,710.90 7.410%
895096319 214 MF Knoxville TN 7,799.14 829.14 8.900%
265300027 215 RT Pawtucket RI 7,063.69 2,265.41 8.500%
805114051 216 RT Ormond Beach FL 7,340.03 3,006.50 9.125%
255999970 217 MF Radford VA 5,906.78 1,147.06 6.875%
825999672 218 LO Lumberton NC 5,498.25 0.00 7.235%
265300054 219 IN Phoenix AZ 5,559.24 820.19 7.640%
255999986 220 MF Radford VA 4,257.79 826.84 6.875%
265300031 221 MF Corpus Christi TX 4,543.11 701.00 7.500%
255999969 222 MF Radford VA 2,838.53 551.22 6.875%
265300012 223 RT Douglasville GA 3,158.28 458.82 9.500%
Totals 6,890,206.88 12,942,526.68
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>
480000001 11/10/2008 11/10/2023 N 47,477,792.05 47,390,389.65 10/10/2002
265300078 N/A 04/01/2009 N 36,399,555.04 36,365,353.07 10/01/2002
265999996 N/A 01/01/2009 N 29,750,000.00 29,750,000.00 10/01/2002
480000004 N/A 06/10/2008 N 23,829,220.65 23,788,647.79 10/10/2002
480000005 N/A 10/01/2008 N 23,780,609.73 23,759,904.53 10/01/2002
480000006 N/A 03/10/2009 N 21,850,455.89 21,829,969.93 10/10/2002
480000007 11/10/2008 11/10/2028 N 21,161,376.98 21,136,529.55 10/10/2002
480000008 N/A 12/10/2008 N 19,358,976.68 19,340,651.39 10/10/2002
480000009 12/10/2008 12/10/2028 N 18,442,465.45 18,420,956.90 10/10/2002
480000010 12/10/2008 12/10/2028 N 18,214,781.19 18,193,538.19 10/10/2002
480000011 07/10/2008 11/10/2023 N 17,717,143.27 17,685,443.55 10/10/2002
265300024 N/A 03/01/2009 N 16,475,401.23 16,459,486.02 10/01/2002
265300057 N/A 04/01/2009 N 15,324,255.29 15,309,556.00 10/01/2002
265300050 N/A 04/01/2009 N 15,193,458.26 15,178,526.98 10/01/2002
265300048 N/A 03/01/2009 N 14,801,973.87 14,788,226.77 10/01/2002
265300038 N/A 03/01/2009 N 14,170,044.30 14,156,859.18 10/01/2002
480000017 08/10/2008 08/10/2028 N 13,891,763.06 13,876,237.07 10/10/2002
480000018 N/A 12/10/2005 N 13,489,516.55 13,473,589.57 10/10/2002
480000019 N/A 04/10/2009 N 13,154,706.73 13,140,446.92 10/10/2002
265999976 N/A 12/01/2008 N 12,405,491.67 12,388,684.38 09/01/2001
480000021 N/A 05/10/2009 N 12,168,361.03 12,156,991.46 10/10/2002
255999863 N/A 09/01/2009 N 12,000,000.00 12,000,000.00 10/01/2002
480000023 N/A 03/10/2013 N 10,591,120.20 10,579,493.35 10/10/2002
480000024 N/A 03/10/2009 N 10,410,985.63 10,401,224.78 10/10/2002
480000025 N/A 06/10/2009 N 10,398,900.21 10,389,143.98 10/10/2002
265300045 N/A 04/01/2009 N 10,355,078.58 10,345,376.12 10/01/2002
480000027 N/A 01/10/2004 N 10,279,071.07 10,269,670.11 10/10/2002
255999598 01/01/2009 01/21/2029 N 10,142,202.04 10,131,767.88 10/01/2002
480000029 N/A 03/10/2009 N 9,935,553.86 9,926,238.76 10/10/2002
480000030 N/A 05/10/2009 N 9,940,714.96 9,931,601.03 10/10/2002
355132452 N/A 08/01/2018 N 8,938,270.37 8,912,586.62 10/01/2002
480000032 N/A 07/10/2008 N 9,293,837.79 9,283,578.69 10/10/2002
480000033 N/A 04/10/2009 N 9,062,131.51 9,052,308.09 10/10/2002
480000034 12/10/2008 12/10/2028 N 8,771,855.12 8,761,624.94 10/10/2002
480000035 N/A 03/10/2009 N 8,800,338.84 8,792,088.05 10/10/2002
265300042 N/A 03/01/2009 N 8,738,741.46 8,730,702.07 10/01/2002
255999747 N/A 07/01/2008 N 8,566,536.79 8,554,604.91 10/01/2002
265300018 N/A 02/01/2009 N 8,659,915.49 8,651,214.40 10/01/2002
480000039 N/A 11/10/2008 N 7,679,422.39 7,666,439.82 10/10/2002
825999751 N/A 01/01/2019 N 7,556,609.03 7,546,877.08 10/01/2002
480000041 12/10/2008 12/10/2028 N 7,525,580.57 7,516,803.85 10/10/2002
480000042 12/10/2008 12/10/2028 N 7,525,580.57 7,516,803.85 10/10/2002
480000043 N/A 04/10/2009 N 7,493,310.78 7,485,187.97 10/10/2002
265300052 N/A 04/01/2009 N 7,041,726.14 7,035,220.94 10/01/2002
265300025 N/A 04/01/2009 N 6,746,342.62 6,740,204.08 10/01/2002
265300007 N/A 02/01/2009 N 6,350,485.62 6,340,635.65 10/01/2002
480000047 N/A 06/10/2009 N 6,462,867.82 6,456,804.37 10/10/2002
480000048 N/A 07/10/2008 N 6,400,061.96 6,393,091.62 10/10/2002
265300060 N/A 04/01/2009 N 6,265,147.79 6,259,370.93 10/01/2002
255999680 N/A 07/01/2008 N 5,870,066.70 5,859,184.13 10/01/2002
265300016 N/A 03/01/2009 N 6,078,067.28 6,071,532.86 10/01/2002
480000052 12/10/2008 12/10/2028 N 6,039,638.00 6,032,594.27 10/10/2002
255999829 N/A 10/01/2008 N 6,046,760.08 6,040,292.56 10/01/2002
825999708 N/A 06/01/2016 N 5,471,653.00 5,471,653.00 10/01/2002
265999995 N/A 01/01/2009 N 6,049,460.34 6,043,662.51 10/01/2002
255999783 N/A 09/01/2008 N 5,688,122.30 5,678,501.79 10/01/2002
255999600 N/A 06/01/2008 N 5,436,198.87 5,427,407.20 10/01/2002
480000058 12/10/2008 12/10/2028 N 5,512,367.89 5,505,939.08 10/10/2002
480000059 N/A 03/10/2009 N 5,549,938.06 5,544,734.70 10/10/2002
265300073 N/A 05/01/2009 N 5,328,120.75 5,322,756.12 10/01/2002
480000061 N/A 06/10/2009 N 5,335,510.40 5,330,504.63 10/10/2002
825999870 N/A 10/01/2018 N 5,075,236.68 5,064,884.12 10/01/2002
255999781 N/A 09/01/2008 N 5,100,374.46 5,091,748.03 10/01/2002
255999950 N/A 01/01/2009 N 5,221,722.29 5,216,600.47 10/01/2002
265999999 N/A 01/01/2014 N 4,743,506.02 4,724,168.44 10/01/2002
255999936 N/A 10/01/2008 N 4,931,077.46 4,922,830.13 10/01/2002
265300066 N/A 04/01/2009 N 5,043,789.87 5,038,960.82 10/01/2002
265300010 N/A 04/01/2009 N 4,965,035.55 4,957,952.55 10/01/2002
480000069 12/10/2008 12/10/2028 N 4,961,130.97 4,955,345.04 10/10/2002
255999917 N/A 10/01/2008 N 4,965,621.39 4,960,435.50 10/01/2002
480000071 N/A 02/10/2009 N 4,824,154.82 4,816,437.61 10/10/2002
480000072 12/10/2008 12/10/2028 N 4,889,230.61 4,883,528.54 10/10/2002
480000073 N/A 12/10/2008 N 4,888,811.72 4,884,422.06 10/10/2002
245114243 N/A 03/01/2020 N 4,659,361.53 4,648,689.32 10/01/2002
255999833 N/A 11/01/2008 N 4,767,362.75 4,761,315.63 10/01/2002
255999780 N/A 09/01/2008 N 4,675,734.07 4,667,825.85 10/01/2002
265999981 N/A 12/01/2008 N 4,778,289.17 4,773,467.32 10/01/2002
255999948 N/A 10/01/2008 N 4,477,969.58 4,469,815.31 09/01/2002
480000079 N/A 03/10/2009 N 4,307,994.20 4,303,955.23 10/10/2002
255999726 N/A 07/01/2008 N 4,055,450.87 4,044,623.46 10/01/2002
480000081 N/A 05/10/2009 N 4,280,581.20 4,276,730.68 10/10/2002
265300033 N/A 03/01/2009 N 4,251,782.82 4,247,963.35 10/01/2002
480000083 N/A 02/10/2009 N 4,114,720.21 4,108,137.88 10/10/2002
480000084 12/10/2008 12/10/2028 N 4,170,226.11 4,165,362.58 10/10/2002
265999978 N/A 12/01/2008 N 4,237,101.26 4,233,516.92 10/01/2002
480000086 N/A 12/10/2008 N 4,143,662.57 4,139,870.75 09/10/2002
825999709 N/A 06/01/2016 N 3,714,091.73 3,714,091.73 10/01/2002
265300029 N/A 04/01/2009 N 3,965,366.53 3,959,543.03 10/01/2002
245114242 N/A 03/01/2020 N 3,816,914.29 3,808,171.70 10/01/2002
265300040 N/A 03/01/2009 N 3,935,055.27 3,929,664.05 10/01/2002
480000091 N/A 01/10/2009 N 3,977,176.47 3,973,569.82 10/10/2002
825999748 N/A 08/01/2020 N 3,870,661.88 3,864,523.10 10/01/2002
255999954 N/A 11/01/2008 N 3,949,522.00 3,945,414.47 10/01/2002
480000094 N/A 03/10/2009 N 3,958,697.29 3,954,985.81 10/10/2002
825999697 N/A 06/01/2016 N 3,548,284.06 3,548,284.06 10/01/2002
265300000 N/A 04/01/2009 N 3,837,869.68 3,834,357.64 10/01/2002
265300034 N/A 04/01/2009 N 3,531,895.77 3,523,351.05 10/01/2002
265300044 N/A 04/01/2009 N 3,643,800.81 3,640,472.68 10/01/2002
480000099 N/A 11/10/2008 N 3,558,973.52 3,555,697.45 10/10/2002
480000100 N/A 05/10/2009 N 3,556,141.03 3,553,074.60 10/10/2002
245114332 N/A 05/01/2008 N 3,303,015.97 3,294,207.06 04/01/2002
265300058 N/A 04/01/2009 N 3,505,911.67 3,502,905.62 10/01/2002
480000103 N/A 06/10/2009 N 3,415,880.56 3,413,051.01 10/10/2002
255999931 N/A 10/01/2008 N 3,361,453.55 3,357,776.44 10/01/2002
480000105 N/A 11/10/2008 N 3,308,912.95 3,305,148.96 09/10/2002
480000106 N/A 05/10/2009 N 3,206,651.82 3,203,794.79 10/10/2002
255999965 N/A 11/01/2023 N 3,107,877.18 3,102,801.31 10/01/2002
255999563 N/A 05/01/2008 N 3,086,045.20 3,082,641.17 10/01/2002
825999678 N/A 06/01/2016 N 2,777,278.43 2,777,278.43 10/01/2002
480000110 N/A 08/10/2013 N 2,638,153.93 2,624,643.06 10/10/2002
825999696 N/A 06/01/2016 N 2,702,664.98 2,702,664.98 10/01/2002
255999804 N/A 08/01/2008 N 2,971,360.99 2,968,069.55 10/01/2002
825999591 N/A 06/01/2020 N 2,880,714.05 2,876,073.09 10/01/2002
265300069 N/A 04/01/2009 N 2,883,127.98 2,879,486.48 10/01/2002
480000115 N/A 02/10/2009 N 2,913,616.69 2,911,027.86 10/10/2002
480000116 N/A 02/10/2009 N 2,850,258.70 2,847,604.10 10/10/2002
265999979 N/A 11/01/2008 N 2,849,134.94 2,846,556.49 10/01/2002
255999650 N/A 08/01/2013 N 2,563,088.68 2,555,866.48 10/01/2002
825999914 N/A 11/01/2018 N 2,544,433.80 2,537,130.22 10/01/2002
265300074 N/A 04/01/2009 N 2,715,100.89 2,712,481.87 10/01/2002
480000121 N/A 06/10/2009 N 2,701,770.51 2,699,235.72 10/10/2002
825999588 N/A 06/01/2020 N 2,614,661.34 2,610,449.01 10/01/2002
245114238 N/A 03/01/2020 N 2,510,075.52 2,504,326.23 10/01/2002
265300081 N/A 05/01/2009 N 2,599,971.50 2,596,852.36 10/01/2002
825999906 N/A 09/01/2018 N 2,421,067.66 2,414,032.52 10/01/2002
25-5999947 N/A 11/01/2008 N 2,435,105.97 2,428,326.13 10/01/2002
825999874 N/A 12/01/2013 N 2,388,923.05 2,381,651.11 10/01/2002
265999982 N/A 02/01/2009 N 2,518,075.10 2,514,321.46 10/01/2002
255999933 N/A 12/01/2008 N 2,537,579.89 2,535,191.26 10/01/2002
255999782 N/A 09/01/2008 N 2,460,665.66 2,456,503.85 10/01/2002
265300008 N/A 02/01/2009 N 2,512,146.45 2,509,603.83 10/01/2002
825114249 N/A 12/01/2018 N 2,337,011.34 2,330,622.99 10/01/2002
265300041 N/A 04/01/2009 N 2,491,592.76 2,489,419.01 10/01/2002
825114317 N/A 01/01/2019 N 2,432,964.85 2,429,478.96 10/01/2002
825999895 N/A 10/01/2018 N 2,312,267.30 2,305,605.13 10/01/2002
265300013 N/A 02/01/2009 N 2,417,635.15 2,413,901.09 10/01/2002
825999574 N/A 06/01/2020 N 2,400,051.40 2,396,463.51 10/01/2002
265300064 N/A 04/01/2009 N 2,447,208.13 2,444,865.11 10/01/2002
265300062 N/A 04/01/2009 N 2,448,463.50 2,446,222.90 10/01/2002
265300028 N/A 03/01/2009 N 2,440,087.37 2,437,678.73 10/01/2002
265300055 N/A 03/01/2009 N 2,425,495.25 2,423,216.92 10/01/2002
245114237 N/A 03/01/2020 N 2,281,969.73 2,276,742.92 10/01/2002
265300032 N/A 03/01/2009 N 2,380,998.50 2,378,859.60 10/01/2002
265300017 N/A 02/01/2009 N 2,371,482.50 2,369,114.98 10/01/2002
825999929 N/A 08/01/2018 N 2,211,409.84 2,205,618.17 10/01/2002
265300035 N/A 03/01/2009 N 2,297,401.16 2,294,311.41 07/01/2002
825999592 N/A 06/01/2020 N 2,264,902.63 2,261,516.78 10/01/2002
480000148 N/A 04/10/2009 N 2,245,392.87 2,243,386.41 10/10/2002
265999990 N/A 12/01/2008 N 2,202,592.44 2,200,519.14 10/01/2002
245114239 N/A 03/01/2020 N 2,099,302.87 2,094,494.45 10/01/2002
255999890 N/A 11/01/2008 N 2,114,476.26 2,110,921.20 10/01/2002
265999998 N/A 01/01/2009 N 2,125,292.33 2,123,159.17 10/01/2002
265300019 N/A 02/01/2009 N 2,072,111.96 2,069,153.27 09/01/2002
265300047 N/A 04/01/2009 N 2,091,983.44 2,090,144.23 10/01/2002
255999651 N/A 08/01/2013 N 1,926,797.24 1,921,367.96 10/01/2002
480000156 N/A 03/10/2009 N 2,045,299.60 2,043,570.66 10/10/2002
255999966 N/A 12/01/2008 N 2,018,665.59 2,016,435.35 10/01/2002
265300022 N/A 03/01/2009 N 2,012,427.79 2,010,402.26 10/01/2002
265300014 N/A 02/01/2009 N 1,929,526.80 1,927,442.08 10/01/2002
265300020 N/A 03/01/2009 N 1,833,905.37 1,829,216.91 10/01/2002
245114188 N/A 03/01/2028 N 1,916,630.94 1,914,618.74 10/01/2002
255999988 N/A 11/01/2008 N 1,890,169.73 1,888,066.79 10/01/2002
265300051 N/A 03/01/2009 N 1,837,920.93 1,835,449.13 10/01/2002
265999993 N/A 03/01/2009 N 1,812,307.99 1,809,563.04 10/01/2002
265999991 N/A 03/01/2009 N 1,821,045.45 1,819,302.00 10/01/2002
265999975 N/A 11/01/2008 N 1,815,285.74 1,813,756.77 10/01/2002
265300026 N/A 03/01/2009 N 1,802,538.79 1,801,032.81 10/01/2002
815114264 N/A 05/01/2018 N 1,691,951.23 1,687,787.67 10/01/2002
825999776 N/A 12/01/2018 N 1,663,009.93 1,658,294.33 10/01/2002
480000170 N/A 11/10/2008 N 1,724,504.30 1,722,500.64 10/10/2002
255999603 N/A 06/01/2008 N 1,628,623.69 1,624,460.37 10/01/2002
265300049 N/A 04/01/2009 N 1,667,741.42 1,665,594.89 10/01/2002
255999951 N/A 10/01/2005 N 1,647,694.61 1,646,010.52 10/01/2002
825999949 N/A 07/01/2018 N 1,557,137.83 1,553,386.05 10/01/2002
265999977 N/A 12/01/2008 N 1,604,493.73 1,602,195.87 10/01/2002
265300065 N/A 04/01/2009 N 1,551,935.38 1,550,449.52 10/01/2002
265300039 N/A 04/01/2009 N 1,529,590.67 1,527,455.94 10/01/2002
825999797 N/A 05/01/2018 N 1,423,452.15 1,420,733.04 10/01/2002
265300063 N/A 04/01/2009 N 1,478,883.37 1,477,580.68 10/01/2002
245114240 N/A 03/01/2020 N 1,399,535.04 1,396,329.42 10/01/2002
255999850 N/A 09/01/2011 N 1,430,450.28 1,428,132.17 10/01/2002
265999983 N/A 12/01/2008 N 1,452,258.96 1,450,891.95 10/01/2002
255999987 N/A 11/01/2008 N 1,374,668.88 1,373,139.47 10/01/2002
255999859 N/A 09/01/2011 N 1,350,087.94 0.00 10/01/2002
255999727 N/A 04/01/2009 N 1,356,057.93 1,354,712.85 10/01/2002
265300056 N/A 03/01/2009 N 1,358,277.50 1,357,001.64 10/01/2002
825999800 N/A 05/01/2023 N 1,347,732.14 1,346,536.24 10/01/2002
255999852 N/A 09/01/2011 N 1,269,725.66 0.00 10/01/2002
265999994 N/A 03/01/2009 N 1,255,258.17 1,253,356.94 10/01/2002
825114352 N/A 01/01/2013 N 1,133,344.49 1,128,458.49 10/01/2002
255999839 N/A 09/01/2011 N 1,221,508.12 0.00 10/01/2002
255999860 N/A 09/01/2011 N 1,205,435.51 1,203,482.04 10/01/2002
255999847 N/A 09/01/2011 N 1,205,435.51 1,203,482.04 10/01/2002
255999842 N/A 09/01/2011 N 1,189,363.36 1,187,435.95 10/01/2002
255999844 N/A 09/01/2011 N 1,189,363.36 0.00 10/01/2002
255999849 N/A 09/01/2011 N 1,189,363.35 1,187,435.94 10/01/2002
255999837 N/A 09/01/2011 N 1,157,218.59 1,155,343.27 10/01/2002
255999855 N/A 09/01/2011 N 1,157,218.59 0.00 10/01/2002
255999836 N/A 09/01/2011 N 1,141,145.87 0.00 10/01/2002
255999858 N/A 09/01/2011 N 1,125,073.20 1,123,249.97 10/01/2002
255999851 N/A 09/01/2011 N 1,109,001.09 1,107,203.91 10/01/2002
255999857 N/A 09/01/2011 N 1,109,001.09 0.00 10/01/2002
255999853 N/A 09/01/2011 N 1,060,783.61 0.00 10/01/2002
255999854 N/A 09/01/2011 N 1,044,710.90 0.00 10/01/2002
255999830 N/A 09/01/2011 N 1,044,710.90 0.00 10/01/2002
895096319 N/A 02/01/2029 N 1,051,568.99 1,050,739.85 10/01/2002
265300027 N/A 03/01/2009 N 997,226.39 994,960.98 10/01/2002
805114051 N/A 12/01/2012 N 965,264.14 962,257.64 10/01/2002
255999970 N/A 11/01/2008 N 1,031,001.67 1,029,854.61 10/01/2002
825999672 N/A 06/01/2016 N 911,942.18 911,942.18 10/01/2002
265300054 N/A 03/01/2009 N 873,178.48 872,358.29 10/01/2002
255999986 N/A 11/01/2008 N 743,178.45 742,351.61 10/01/2002
265300031 N/A 03/01/2009 N 726,898.18 726,197.18 10/01/2002
255999969 N/A 11/01/2008 N 495,452.48 494,901.26 10/01/2002
265300012 N/A 02/01/2009 N 398,940.38 398,481.56 10/01/2002
Totals 1,122,889,761.15 1,109,947,234.47
Appraisal Appraisal Res Mod
Loan Reduction Reduction Strat. Code
Number Date Amount (2) (3)
265999976 10/11/2002 4,728,746.59 2
245114332 10/11/2002 673,185.96 13
255999850 7
255999859 7
255999852 7
255999839 7
255999860 7
255999847 7
255999842 7
255999844 7
255999849 7
255999837 7
255999855 7
255999836 7
255999858 7
255999851 7
255999857 7
255999853 7
255999854 7
255999830 7
Totals 5,401,932.55
<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
Loan Number Offering Document Principal Prepayment Amount Prepayment Penalties
Cross-Reference Payoff Amount Curtailment Amount Prepayment Premium Yield Maintenance Premium
255999859 187 1,350,087.94 0.00 0.00 0.00
255999852 191 1,269,725.66 0.00 0.00 0.00
255999839 196 1,221,508.12 0.00 0.00 0.00
255999844 200 1,189,363.36 0.00 0.00 0.00
255999855 204 1,157,218.59 0.00 0.00 0.00
255999836 206 1,141,145.87 0.00 0.00 0.00
255999857 209 1,109,001.09 0.00 0.00 0.00
255999853 211 1,060,783.61 0.00 0.00 0.00
255999854 212 1,044,710.90 0.00 0.00 0.00
255999830 213 1,044,710.90 0.00 0.00 0.00
Totals 11,588,256.04 0.00 0.00 0.00
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications
Date # Balance # Balance # Balance # Balance # Balance # Balance
10/18/2002 0 $0.00 1 $2,294,311.41 1 $3,294,207.06 1 $12,388,684.38 8 $ 9,595,765.29 0 $0.00
09/17/2002 1 $2,297,401.16 0 $0.00 1 $3,303,015.97 1 $12,405,491.67 18 $21,199,596.93 0 $0.00
08/16/2002 0 $0.00 0 $0.00 1 $3,311,054.25 1 $12,419,269.04 19 $22,838,904.87 0 $0.00
07/17/2002 0 $0.00 0 $0.00 1 $3,319,038.83 2 $13,625,642.92 20 $22,838,527.22 0 $0.00
06/17/2002 0 $0.00 0 $0.00 1 $3,327,687.17 2 $13,644,034.02 23 $24,359,984.29 0 $0.00
05/17/2002 1 $1,846,375.48 0 $0.00 2 $15,798,460.92 7 $8,729,249.38 17 $20,562,231.71 0 $0.00
04/17/2002 0 $0.00 0 $0.00 2 $15,823,287.72 18 $7,188,623.39 6 $ 7,188,623.39 0 $0.00
03/15/2002 0 $0.00 1 $3,351,865.96 1 $12,492,427.46 21 $25,648,076.81 5 $ 6,193,151.41 0 $0.00
02/15/2002 1 $3,361,751.23 0 $0.00 1 $12,514,373.07 0 $0.00 2 $ 2,582,813.87 0 $0.00
01/17/2002 3 $8,801,746.90 0 $0.00 1 $12,527,359.28 0 $0.00 0 $0.00 0 $0.00
12/17/2001 2 $3,037,148.25 0 $0.00 1 $12,527,359.28 0 $0.00 0 $0.00 0 $0.00
11/19/2001 2 $7,164,331.39 2 $14,005,783.19 26 $32,035,895.67 0 $0.00 0 $0.00 0 $0.00
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
10/18/2002 0 $0.00 10 $11,588,256.04
09/17/2002 0 $0.00 1 $1,609,506.89
08/16/2002 0 $0.00 1 $1,158,845.33
07/17/2002 0 $0.00 1 $1,482,811.83
06/17/2002 0 $0.00 3 $3,696,776.98
05/17/2002 0 $0.00 0 $0.00
04/17/2002 0 $0.00 2 $2,460,969.98
03/15/2002 0 $0.00 0 $0.00
02/15/2002 1 $146,798.00 0 $0.00
01/17/2002 0 $0.00 0 $0.00
12/17/2001 0 $0.00 0 $0.00
11/19/2001 0 $0.00 0 $0.00
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
10/18/2002 7.360156% 7.270545% 87
09/17/2002 7.360642% 7.258410% 88
08/16/2002 7.360678% 7.256709% 89
07/17/2002 7.360694% 7.255475% 90
06/17/2002 7.360731% 7.253918% 91
05/17/2002 7.360822% 7.250048% 92
04/17/2002 7.360794% 7.250009% 93
03/15/2002 7.360866% 7.247477% 94
02/15/2002 7.360850% 7.248184% 95
01/17/2002 7.360818% 7.248149% 96
12/17/2001 7.360783% 7.248105% 97
11/19/2001 7.360711% 7.276591% 98
<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-Reference Delinq. Date Advances Advances** Loan(1)
<s> <c> <c> <c> <c> <c> <c>
265999976 20 12 09/01/2001 70,874.09 1,150,183.11 7
255999948 78 0 09/01/2002 32,186.04 32,186.04 B
480000086 86 0 09/10/2002 30,777.42 30,777.42 B
245114332 101 5 04/01/2002 25,842.14 191,698.41 3
480000105 105 0 09/10/2002 22,142.25 22,142.25 B
265300035 146 2 07/01/2002 19,066.27 57,026.10 2
265300019 153 0 09/01/2002 16,755.51 16,755.51 B
255999850 183 0 10/01/2002 0.00 0.00 9
255999860 197 0 10/01/2002 0.00 0.00 9
255999847 198 0 10/01/2002 0.00 0.00 9
255999842 199 0 10/01/2002 0.00 0.00 9
255999849 201 0 10/01/2002 0.00 0.00 9
255999837 203 0 10/01/2002 0.00 0.00 9
255999858 207 0 10/01/2002 0.00 0.00 9
255999851 208 0 10/01/2002 0.00 0.00 9
Totals 15 217,643.72 1,500,768.84
Resolution Actual Outstanding
Loan Number Strategy Servicing Foreclosure Principal Servicing Bankruptcy REO
Code(2) Transfer Date Date Balance Advances Date Date
265999976 2 10/11/2001 12,584,217.47 0.00
255999948 4,477,969.58 0.00
480000086 4,143,662.57 0.00
245114332 13 03/06/2002 3,344,102.15 0.00
480000105 3,308,912.95 0.00
265300035 2,302,456.98 0.00
265300019 2,072,111.96 0.00
255999850 7 09/21/2000 1,428,132.17 0.00 03/29/2002
255999860 7 09/21/2000 1,203,482.04 0.00 03/08/2002
255999847 7 09/21/2000 1,203,482.04 0.00 05/10/2002
255999842 7 09/21/2000 1,187,435.95 0.00 04/01/2002
255999849 7 09/21/2000 1,187,435.94 0.00 04/04/2002
255999837 7 09/21/2000 1,155,343.27 0.00 03/05/2002
255999858 7 09/21/2000 1,123,249.97 0.00 04/15/2002
255999851 7 09/21/2000 1,107,203.91 0.00 05/22/2002
Totals 41,829,198.95 0.00
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances** Balance Advances
Totals by deliquency code:
Total for Status Code = 2 (1 loan) 19,066.27 57,026.10 2,302,456.98 0.00
Total for Status Code = 3 (1 loan) 25,842.14 191,698.41 3,344,102.15 0.00
Total for Status Code = 7 (1 loan) 70,874.09 1,150,183.11 12,584,217.47 0.00
Total for Status Code = 9 (8 loans) 0.00 0.00 9,595,765.29 0.00
Total for Status Code = B (4 loans) 101,861.22 101,861.22 14,002,657.06 0.00
<FN>
(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.
</FN>
Specially Serviced Loan Detail - Part 1
Loan Offering Servicing Resolution Scheduled Property State Interest Actual
Number Document Transfer Strategy Balance Type (2) Rate Balance
Cross-Reference Date Code (1)
265999976 20 10/11/2001 2 12,388,684.38 LO SC 8.500% 12,584,217.47
245114332 101 03/06/2002 13 3,294,207.06 LO NC 7.810% 3,344,102.15
255999850 183 09/21/2000 7 1,428,132.17 RT CA 7.410% 1,428,132.17
255999859 187 09/21/2000 7 0.00 RT NC 7.410% 0.00
255999852 191 09/21/2000 7 0.00 RT CA 7.410% 0.00
255999839 196 09/21/2000 7 0.00 RT IL 7.410% 0.00
255999860 197 09/21/2000 7 1,203,482.04 RT AL 7.410% 1,203,482.04
255999847 198 09/21/2000 7 1,203,482.04 RT IN 7.410% 1,203,482.04
255999842 199 09/21/2000 7 1,187,435.95 RT KY 7.410% 1,187,435.95
255999844 200 09/21/2000 7 0.00 RT FL 7.410% 0.00
255999849 201 09/21/2000 7 1,187,435.94 RT CA 7.410% 1,187,435.94
255999837 203 09/21/2000 7 1,155,343.27 RT GA 7.410% 1,155,343.27
255999855 204 09/21/2000 7 0.00 RT OH 7.410% 0.00
255999836 206 09/21/2000 7 0.00 RT TX 7.410% 0.00
255999858 207 09/21/2000 7 1,123,249.97 RT OH 7.410% 1,123,249.97
255999851 208 09/21/2000 7 1,107,203.91 RT CA 7.410% 1,107,203.91
255999857 209 09/21/2000 7 0.00 RT MS 7.410% 0.00
255999853 211 09/21/2000 7 0.00 RT IL 7.410% 0.00
255999854 212 09/21/2000 7 0.00 RT NC 7.410% 0.00
255999830 213 09/21/2000 7 0.00 RT MO 7.410% 0.00
Loan Net DSCR DSCR Note Maturity Remaining
Number Operating Date Date Date Amortization
Income Term
265999976 345,457.16 09/30/2001 -0.04 01/01/1999 12/01/2008 253
245114332 290,134.88 09/30/2001 1.85 06/01/1998 05/01/2008 186
255999850 174,755.88 1.31 10/01/1998 09/01/2011 250
255999859 164,851.34 1.31 10/01/1998 09/01/2011 250
255999852 155,063.57 1.31 10/01/1998 09/01/2011 250
255999839 149,229.81 1.31 10/01/1998 09/01/2011 250
255999860 147,188.73 1.31 10/01/1998 09/01/2011 250
255999847 147,188.73 1.31 10/01/1998 09/01/2011 250
255999842 145,226.17 1.31 10/01/1998 09/01/2011 250
255999844 145,415.66 1.31 10/01/1998 09/01/2011 250
255999849 145,226.14 1.31 10/01/1998 09/01/2011 250
255999837 141,301.23 1.31 10/01/1998 09/01/2011 250
255999855 141,301.08 1.31 10/01/1998 09/01/2011 250
255999836 139,338.47 1.31 10/01/1998 09/01/2011 250
255999858 137,376.16 1.31 10/01/1998 09/01/2011 250
255999851 135,413.61 1.31 10/01/1998 09/01/2011 250
255999857 135,413.61 1.31 10/01/1998 09/01/2011 250
255999853 129,525.89 1.31 10/01/1998 09/01/2011 250
255999854 127,563.45 1.31 10/01/1998 09/01/2011 250
255999830 127,563.50 1.31 10/01/1998 09/01/2011 250
<FN>
(1) Resolution Strategy Code
1 - Modification 6 - DPO 10 - Deed in Lieu Of
2 - Foreclosure 7 - REO Foreclosure
3 - Bankruptcy 8 - Resolved 11 - Full Payoff
4 - Extension 9 - Pending Return 12 - Reps and Warranties
5 - Note Sale to Master Servicer 13 - Other or TBD
(2) Property Type Code
MF - Multi-Family OF - Office
RT - Retail MU- Mixed Use
HC - Health Care LO - Lodging
IN - Industrial SS - Self Storage
WH - Warehouse OT - Other
MH - Mobile Home Park
</FN>
Specially Serviced Loan Detail - Part 2
Loan Offering Resolution Site Other REO
Number Document Strategy Inspection Phase 1 Apprasial Apprasial Property
Cross-Reference Code (1) Date Date Date Value Revenue
265999976 20 2 03/22/2002 10,000,000.00
245114332 101 13 07/03/2002 3,100,000.00
255999850 183 7 11/15/2000 1,800,000.00
255999859 187 7 04/13/2001 1,970,000.00
255999852 191 7 11/11/2000 1,700,000.00
255999839 196 7 04/06/2001 1,260,000.00
255999860 197 7 03/29/2001 900,000.00
255999847 198 7 11/15/2000 2,415,000.00
255999842 199 7 04/02/2001 750,000.00
255999844 200 7 04/09/2001 2,170,000.00
255999849 201 7 11/11/2000 1,900,000.00
255999837 203 7 03/14/2001 760,000.00
255999855 204 7 04/03/2001 1,190,000.00
255999836 206 7 11/09/2000 1,050,000.00
255999858 207 7 04/03/2001 995,000.00
255999851 208 7 11/11/2000 1,000,000.00
255999857 209 7 11/17/2000 1,000,000.00
255999853 211 7 04/07/2001 1,180,000.00
255999854 212 7 04/13/2001 1,380,000.00
255999830 213 7 04/12/2001 1,135,000.00
Loan Comments from Special Servicer
Number
265999976 The PIP negotiations continue between the receiver and Radisson. Upon completion,
expected mid-July, the PIP figures will be utilized to obtain an updated valuation on the
propety and to establish a marketing and operation strategy for the property. Ane
ngineering report is in process and is expected to be completed in mid-July and a methane
gas level assessment is being done to confirm that the existing ventilation system under the
building is adequate before taking title. The court approved the receiver's turning over of
excess cash to the Trust for application to the debt. Excess cash thorugh June
approximated $500M; although, the chiller is in the process of being replaced at a cost
estimate of $150M, which was not a budgeted capital expenditure.
245114332 Discussions with the borrower have revealed that the issue is bigger than the borrower
needing a couple of months to make up delinquent payments. According to the borrower,
there is subordinate debt, delinquent franchise fees, and delinquent federal ands tate
withholding taxes. A written request has been made of the borrower to produce current
operating statements, pro-forma operating statements, and detailed descriptions and
documentation evidencing all other debt and past due obligations. This informat ion is to be
delivered next week. The information will be reviewed to analyze the extent of the
obligations encumbering the property and the borrower's ability to manage its way out of this
situation. If it appears that nothing is viable, the noteholde
255999850 Property should be taken back through deed in lieu by the end of April 2002.
255999859 5-13-02: Uncontested foreclosure should be completed around 5-22-02.
255999852 5-13-02: Property should be taken back through deed in lieu by the end of May 2002.
255999839 Property should be taken back through deed in lieu by the end of April 2002.
255999860 Property should be taken back through deed in lieu by the end of April 2002.
255999847 Property should be taken back through deed in lieu by the end of April 2002.
255999844 7-11-02: Uncontested (judicial) foreclosure should be completed around the middle of July 2002.
255999837 Property should be taken back through deed in lieu by the end of April 2002.
255999855 Property should be taken back through deed in lieu by the end of April 2002.
255999836 Property should be taken back through deed in lieu by the end of April 2002.
255999858 Property should be taken back through deed in lieu by the end of April 2002.
255999851 5-13-02: Property should be taken back through deed in lieu by the end of May 2002.
255999857 5-13-02: Property should be taken back through deed in lieu by the end of May 2002.
255999853 Property should be taken back through deed in lieu by the end of April 2002.
255999854 5-13-02: Uncontested foreclosure should be completed around 5-22-02.
255999830 Property should be taken back through deed in lieu by the end of April 2002.
<FN>
(1) Resolution Strategy Code
1 - Modification 6 - DPO 10 - Deed in Lieu Of
2 - Foreclosure 7 - REO Foreclosure
3 - Bankruptcy 8 - Resolved 11 - Full Payoff
4 - Extension 9 - Pending Return 12 - Reps and Warranties
5 - Note Sale to Master Servicer 13 - Other or TBD
</FN>
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
Final Recovery Offering Gross Proceeds
Loan Determination Document Appraisal Appraisal Actual Gross as a % of
Number Date Cross-Reference Date Value Balance Proceeds Actual Balance
<c>
255999856 09/04/2002 174 04/13/2001 2,000,000.00 1,609,506.89 0.00 0.000%
255999846 06/26/2002 179 11/04/2000 2,000,000.00 1,485,167.94 0.00 0.000%
255999848 05/23/2002 185 04/11/2001 1,400,000.00 1,422,544.47 0.00 0.000%
255999859 09/20/2002 187 04/13/2001 1,970,000.00 1,350,087.94 0.00 0.000%
255999852 09/06/2002 191 11/11/2000 1,700,000.00 1,269,725.66 0.00 0.000%
255999843 194 04/06/2001 1,160,000.00 1,232,145.20 0.00 0.000%
255999838 195 04/02/2001 550,000.00 1,232,145.20 0.00 0.000%
255999839 09/27/2002 196 04/06/2001 1,260,000.00 1,221,508.12 0.00 0.000%
255999844 09/27/2002 200 04/09/2001 2,170,000.00 1,189,363.36 0.00 0.000%
255999841 05/31/2002 202 04/03/2001 1,150,000.00 1,180,065.09 0.00 0.000%
255999855 09/12/2002 204 04/03/2001 1,190,000.00 1,157,218.59 0.00 0.000%
255999845 08/09/2002 205 04/13/2001 1,370,000.00 1,160,461.76 0.00 0.000%
255999836 09/27/2002 206 11/09/2000 1,050,000.00 1,141,145.87 0.00 0.000%
255999857 09/27/2002 209 11/17/2000 1,000,000.00 1,109,001.09 0.00 0.000%
255999840 05/10/2002 210 11/19/2000 820,000.00 1,099,238.79 0.00 0.000%
255999853 09/27/2002 211 04/07/2001 1,180,000.00 1,060,783.61 0.00 0.000%
255999854 09/27/2002 212 04/13/2001 1,380,000.00 1,044,710.90 0.00 0.000%
255999830 09/27/2002 213 04/12/2001 1,135,000.00 1,044,710.90 0.00 0.000%
Current Total 14,035,000.00 11,588,256.04 0.00
Cumulative Total 24,485,000.00 22,009,531.38 0.00
Aggregate Net Net Proceeds Repurchased
Loan Liquidation Liquidation as a % of Realized by Seller
Number Expenses* Proceeds Actual Balance Loss (Y/N)
<c>
255999856 0.00 1,609,506.89 100.000% 0.00 N
255999846 0.00 1,482,811.83 99.841% 0.00 N
255999848 0.00 1,420,595.65 99.863% 0.00 N
255999859 0.00 1,350,087.94 100.000% 0.00 N
255999852 0.00 1,269,725.66 100.000% 0.00 N
255999843 0.00 1,230,484.99 99.865% 0.00 N
255999838 0.00 1,230,484.99 99.865% 0.00 N
255999839 0.00 1,221,508.12 100.000% 0.00 N
255999844 0.00 1,189,363.36 100.000% 0.00 N
255999841 0.00 1,178,448.45 99.863% 0.00 N
255999855 0.00 1,157,218.59 100.000% 0.00 N
255999845 0.00 1,158,845.33 99.861% 0.00 N
255999836 0.00 1,141,145.87 100.000% 0.00 N
255999857 0.00 1,109,001.09 100.000% 0.00 N
255999840 0.00 1,097,732.88 99.863% 0.00 N
255999853 0.00 1,060,783.61 100.000% 0.00 N
255999854 0.00 1,044,710.90 100.000% 0.00 N
255999830 0.00 1,044,710.90 100.000% 0.00 N
Current Total 0.00 11,588,256.04 0.00
Cumulative Total 0.00 21,997,167.05 0.00