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 : December 16, 2002
(Date of earliest event reported)
Commission File No.: 333-83930-02
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2002-C2
(Exact name of registrant as specified in its charter)
(New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2383394
52-2383395
(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 December 16, 2002 a distribution was made to holders of Wachovia
Commercial Mortgage Securities, Inc.,Commercial Mortgage Pass-Through
Certificates, Series 2002-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 2002-C2, relating to the
December 16, 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.
Wachovia Commercial Mortgage Securities, Inc
Commercial Mortgage Pass-Through Certificates
Series 2002-C2
By: Wells Fargo Bank Minnesota, N.A., as Trustee
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: December 16, 2002
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 2002-C2, relating to the
December 16, 2002 distribution.
EX-99.1
Wells Fargo Bank Minnesota, N.A.
Corporate Trust Services
9062 Old Annapolis Rd
Columbia, MD 21045-1951
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2002-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: 12/16/2002
Record Date: 11/29/2002
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 - 18
Specially Serviced Loan Detail 19 - 20
Modified Loan Detail 21
Liquidated Loan Detail 22
Depositor
Wachovia Commercial Mortgage
Securities, Inc.
Charlotte, NC 28288-1016
Contact: Tim Steward
Phone Number: (704) 593-7822
Master Servicer
Wachovia Bank, National Association
Charlotte Plaza, Floor 23 NC-1075
201 South College Street
Charlotte, NC 28288
Contact: Timothy S.Ryan
Phone Number: (704) 593-7878
Special Servicer
Lend Lease Asset Management, LP
700 Pearl Street
Suite 1900
Dallas, TX 75201.7424
Contact: Michael O'Hanon
Phone Number: (214) 999-7009
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 929766BH5 3.002000% 36,056,000.00 36,056,000.00 448,851.08
A-2 929766BJ1 4.043000% 80,000,000.00 80,000,000.00 288,940.55
A-3 929766CR2 4.440000% 88,219,000.00 88,219,000.00 0.00
A-4 929766CS0 4.980000% 471,716,000.00 471,716,000.00 0.00
B 929766BK8 5.126000% 32,815,000.00 32,815,000.00 0.00
C 929766BL6 5.215000% 10,939,000.00 10,939,000.00 0.00
D 929766BM4 5.274000% 28,439,000.00 28,439,000.00 0.00
E 929766BN2 5.373000% 8,751,000.00 8,751,000.00 0.00
F 929766BP7 5.719000% 10,938,000.00 10,938,000.00 0.00
G 929766BQ5 5.768000% 15,314,000.00 15,314,000.00 0.00
H 929766BR3 6.113000% 13,126,000.00 13,126,000.00 0.00
J 929766BS1 4.942000% 16,408,000.00 16,408,000.00 0.00
K 929766BT9 4.942000% 15,313,000.00 15,313,000.00 0.00
L 929766BU6 4.942000% 4,376,000.00 4,376,000.00 0.00
M 929766BV4 4.942000% 8,751,000.00 8,751,000.00 0.00
N 929766BW2 4.942000% 7,656,000.00 7,656,000.00 0.00
O 929766BX0 4.942000% 6,165,000.00 6,165,000.00 0.00
P 929766CP6 4.942000% 20,087,992.76 20,087,992.76 0.00
Z 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 875,069,992.76 875,069,992.76 737,791.63
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 929766BH5 90,200.09 0.00 0.00 539,051.17 35,607,148.92 22.77%
A-2 929766BJ1 269,533.33 0.00 0.00 558,473.88 79,711,059.45 22.77%
A-3 929766CR2 326,410.30 0.00 0.00 326,410.30 88,219,000.00 22.77%
A-4 929766CS0 1,957,621.40 0.00 0.00 1,957,621.40 471,716,000.00 22.77%
B 929766BK8 140,174.74 0.00 0.00 140,174.74 32,815,000.00 19.02%
C 929766BL6 47,539.07 0.00 0.00 47,539.07 10,939,000.00 17.76%
D 929766BM4 124,989.41 0.00 0.00 124,989.41 28,439,000.00 14.51%
E 929766BN2 39,182.60 0.00 0.00 39,182.60 8,751,000.00 13.51%
F 929766BP7 52,128.69 0.00 0.00 52,128.69 10,938,000.00 12.26%
G 929766BQ5 73,609.29 0.00 0.00 73,609.29 15,314,000.00 10.51%
H 929766BR3 66,866.03 0.00 0.00 66,866.03 13,126,000.00 9.01%
J 929766BS1 67,573.61 0.00 0.00 67,573.61 16,408,000.00 7.13%
K 929766BT9 63,064.04 0.00 0.00 63,064.04 15,313,000.00 5.38%
L 929766BU6 18,021.83 0.00 0.00 18,021.83 4,376,000.00 4.88%
M 929766BV4 36,039.54 0.00 0.00 36,039.54 8,751,000.00 3.88%
N 929766BW2 31,529.96 0.00 0.00 31,529.96 7,656,000.00 3.00%
O 929766BX0 25,389.53 0.00 0.00 25,389.53 6,165,000.00 2.30%
P 929766CP6 82,729.05 0.00 0.00 82,729.05 20,087,992.76 0.00%
Z 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 3,512,602.51 0.00 0.00 4,250,394.14 874,332,201.13
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<s> <c> <c> <c> <c>
IO-I 929766BY8 0.138222% 875,069,992.76 875,069,992.76
IO-II 929766BZ5 1.788344% 488,120,000.01 488,120,000.01
IO-III 929766CA9 1.368327% 336,495,000.00 336,495,000.00
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<s> <c> <c> <c> <c> <c>
IO-I 929766BY8 100,794.89 0.00 100,794.89 874,332,201.13
IO-II 929766BZ5 727,438.70 0.00 727,438.70 488,120,000.00
IO-III 929766CA9 383,696.08 0.00 383,696.08 336,495,000.00
<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 929766BH5 1,000.00000000 12.44872088 2.50166657 0.00000000 0.00000000 987.55127912
A-2 929766BJ1 1,000.00000000 3.61175687 3.36916663 0.00000000 0.00000000 996.38824313
A-3 929766CR2 1,000.00000000 0.00000000 3.70000000 0.00000000 0.00000000 1,000.00000000
A-4 929766CS0 1,000.00000000 0.00000000 4.15000000 0.00000000 0.00000000 1,000.00000000
B 929766BK8 1,000.00000000 0.00000000 4.27166662 0.00000000 0.00000000 1,000.00000000
C 929766BL6 1,000.00000000 0.00000000 4.34583326 0.00000000 0.00000000 1,000.00000000
D 929766BM4 1,000.00000000 0.00000000 4.39500018 0.00000000 0.00000000 1,000.00000000
E 929766BN2 1,000.00000000 0.00000000 4.47749971 0.00000000 0.00000000 1,000.00000000
F 929766BP7 1,000.00000000 0.00000000 4.76583379 0.00000000 0.00000000 1,000.00000000
G 929766BQ5 1,000.00000000 0.00000000 4.80666645 0.00000000 0.00000000 1,000.00000000
H 929766BR3 1,000.00000000 0.00000000 5.09416654 0.00000000 0.00000000 1,000.00000000
J 929766BS1 1,000.00000000 0.00000000 4.11833313 0.00000000 0.00000000 1,000.00000000
K 929766BT9 1,000.00000000 0.00000000 4.11833344 0.00000000 0.00000000 1,000.00000000
L 929766BU6 1,000.00000000 0.00000000 4.11833410 0.00000000 0.00000000 1,000.00000000
M 929766BV4 1,000.00000000 0.00000000 4.11833390 0.00000000 0.00000000 1,000.00000000
N 929766BW2 1,000.00000000 0.00000000 4.11833333 0.00000000 0.00000000 1,000.00000000
O 929766BX0 1,000.00000000 0.00000000 4.11833414 0.00000000 0.00000000 1,000.00000000
P 929766CP6 1,000.00000000 0.00000000 4.11833332 0.00000000 0.00000000 1,000.00000000
Z 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-I 929766BY8 1,000.00000000 0.11518495 0.00000000 999.15687701
IO-II 929766BZ5 1,000.00000000 1.49028661 0.00000000 999.99999998
IO-III 929766CA9 1,000.00000000 1.14027275 0.00000000 1,000.00000000
Reconciliation Detail
Advance Summary
<s> <c>
P & I Advances Outstanding 3,677,865.39
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 30,833.81
Less Delinquent Servicing Fees 20,025.76
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 0.00
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 10,808.05
Certificate Interest Reconciliation
Class Accrued Net Aggregate Deferred Distributable Distributable Additional Interest Remaining Unpaid
Certificate Prepayment Interest Certificate Certificate Trust Fund Distribution Distributable
Interest Interest Shortfall Amount Interest Interest Expenses Certificate
Adjustment Interest
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 90,200.09 0.00 0.00 90,200.09 0.00 0.00 90,200.09 0.00
A-2 269,533.33 0.00 0.00 269,533.33 0.00 0.00 269,533.33 0.00
A-3 326,410.30 0.00 0.00 326,410.30 0.00 0.00 326,410.30 0.00
A-4 1,957,621.40 0.00 0.00 1,957,621.40 0.00 0.00 1,957,621.40 0.00
IO-I 100,794.89 0.00 0.00 100,794.89 0.00 0.00 100,794.89 0.00
IO-II 727,438.70 0.00 0.00 727,438.70 0.00 0.00 727,438.70 0.00
IO-III 383,696.08 0.00 0.00 383,696.08 0.00 0.00 383,696.08 0.00
B 140,174.74 0.00 0.00 140,174.74 0.00 0.00 140,174.74 0.00
C 47,539.07 0.00 0.00 47,539.07 0.00 0.00 47,539.07 0.00
D 124,989.41 0.00 0.00 124,989.41 0.00 0.00 124,989.41 0.00
E 39,182.60 0.00 0.00 39,182.60 0.00 0.00 39,182.60 0.00
F 52,128.69 0.00 0.00 52,128.69 0.00 0.00 52,128.69 0.00
G 73,609.29 0.00 0.00 73,609.29 0.00 0.00 73,609.29 0.00
H 66,866.03 0.00 0.00 66,866.03 0.00 0.00 66,866.03 0.00
J 67,573.61 0.00 0.00 67,573.61 0.00 0.00 67,573.61 0.00
K 63,064.04 0.00 0.00 63,064.04 0.00 0.00 63,064.04 0.00
L 18,021.83 0.00 0.00 18,021.83 0.00 0.00 18,021.83 0.00
M 36,039.54 0.00 0.00 36,039.54 0.00 0.00 36,039.54 0.00
N 31,529.96 0.00 0.00 31,529.96 0.00 0.00 31,529.96 0.00
O 25,389.53 0.00 0.00 25,389.53 0.00 0.00 25,389.53 0.00
P 82,729.05 0.00 0.00 82,729.05 0.00 0.00 82,729.05 0.00
Total 4,724,532.18 0.00 0.00 4,724,532.18 0.00 0.00 4,724,532.18 0.00
Other Required Information
<s> <c>
Available Distribution Amount (1) 5,462,323.81
Aggregate Number of Outstanding Loans 104
Aggregate Stated Principal Balance of Loans Before Distribution 875,069,992.76
Aggregate Stated Principal Balance of Loans After Distribution 874,332,201.13
Aggregate Unpaid Principal Balance of Loans 874,875,249.76
Aggregate Amount of Servicing Fee 10,808.05
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 2,041.83
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
Aggregate Unpaid Principal Balance 0.00
<FN>
(1) The Available Distribution Amount includes any Prepayment Premiums.
</FN>
Appraisal Reduction Amount
Appraisal Cumulative Date Appraisal
Loan Reduction ASER Reduction
Number Amount Amount Effected
NONE
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 929766BH5 X Aaa AAA X Aaa AAA
A-2 929766BJ1 X Aaa AAA X Aaa AAA
A-3 929766CR2 X Aaa AAA X Aaa AAA
A-4 929766CS0 X Aaa AAA X Aaa AAA
IO-I 929766BY8 X Aaa AAA X Aaa AAA
IO-II 929766BZ5 X Aaa AAA X Aaa AAA
IO-III 929766CA9 X Aaa AAA X Aaa AAA
B 929766BK8 X Aa2 AA X Aa2 AA
C 929766BL6 X Aa3 AA- X Aa3 AA-
D 929766BM4 X A2 A X A2 A
E 929766BN2 X A3 A- X A3 A-
F 929766BP7 X Baa1 BBB+ X Baa1 BBB+
G 929766BQ5 X Baa2 BBB X Baa2 BBB
H 929766BR3 X Baa3 BBB- X Baa3 BBB-
J 929766BS1 X Ba1 BB+ X Ba1 BB+
K 929766BT9 X Ba2 BB X Ba2 BB
L 929766BU6 X Ba3 BB- X Ba3 BB-
M 929766BV4 X B1 B+ X B1 B+
N 929766BW2 X B2 B X B2 B
O 929766BX0 X B3 B- X B3 B-
P 929766CP6 X NR NR X NR NR
<FN>
NR - Designates that the class was not rated by the above agency at the
time of original issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction at the time of original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any particular
rating agency, no request has been made subsequent to issuance to obtain rating
information, if any, from such rating agency. The current ratings were obtained
directly from the applicable rating agency within 30 days of the payment date
listed above. The ratings may have changed since they were obtained. Because the
ratings may have changed, you may want to obtain current ratings directly from
the rating agencies.
Fitch, Inc.
One State Street Plaza
New York, New York 10004
(212) 908-0500
Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553-0300
Standard & Poor's Rating Services
55 Water Street
New York, New York 10041
(212) 438-2430
</FN>
Current Mortgage Loan and Property Stratification Tables
Scheduled Balance
% Of
Scheduled # of Scheduled Agg. WAM Weighted
Balance Loans Balance Bal. (2) WAC Avg DSCR(1)
<s> <c> <c> <c> <c> <c> <c>
Below 1,000,000 0 0.00 0.00 0 0.0000 0.000000
1,000,001 to 2,000,000 6 9,843,923.19 1.13 118 6.7072 1.860513
2,000,001 to 3,000,000 15 38,218,758.18 4.37 129 6.9455 1.595323
3,000,001 to 4,000,000 20 71,872,822.60 8.22 114 6.5105 1.439731
4,000,001 to 5,000,000 3 13,479,089.06 1.54 117 6.7922 1.615695
5,000,001 to 6,000,000 10 53,229,453.48 6.09 121 6.9771 1.690064
6,000,001 to 7,000,000 7 43,928,227.51 5.02 117 6.8132 1.424281
7,000,001 to 8,000,000 7 51,658,695.79 5.91 118 6.1620 1.668139
8,000,001 to 9,000,000 4 33,403,395.14 3.82 102 6.4451 1.401569
9,000,001 to 10,000,000 3 29,283,328.03 3.35 117 6.5508 1.346901
10,000,001 to 15,000,000 17 209,542,871.09 23.97 114 6.4270 1.448382
15,000,001 to 20,000,000 3 47,134,621.93 5.39 118 6.0516 1.284209
20,000,001 to 25,000,000 4 93,299,447.98 10.67 103 6.1994 1.397978
25,000,001 to 30,000,000 1 26,447,994.02 3.02 82 5.6800 1.534779
30,000,001 to 35,000,000 1 34,891,448.32 3.99 116 6.7400 1.546929
35,000,001 to 40,000,000 2 73,098,124.81 8.36 113 7.1560 1.325450
40,000,001 and greater 1 45,000,000.00 5.15 117 6.6250 1.790000
Totals 104 874,332,201.13 100.00 113 6.5239 1.482235
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 1 8,068,212.27 0.92 55 6.6000 1.338343
Arizona 2 12,682,939.85 1.45 117 6.0269 1.607956
California 29 312,613,552.41 35.75 114 6.6142 1.459736
Colorado 2 9,980,178.86 1.14 118 6.8879 2.007963
Florida 9 67,494,654.30 7.72 118 6.3250 1.415834
Georgia 4 19,811,015.11 2.27 118 6.7758 1.724804
Illinois 5 26,098,763.11 2.98 118 6.3764 1.697147
Maryland 4 95,187,332.10 10.89 114 6.8669 1.418249
Massachusetts 3 12,991,336.89 1.49 117 6.4300 1.578871
Michigan 2 15,098,792.59 1.73 118 6.8681 1.587178
Minnesota 1 5,583,180.81 0.64 116 6.8750 1.289796
Mississippi 1 2,190,270.69 0.25 116 7.2000 1.425512
Missouri 1 2,794,072.50 0.32 118 7.4000 2.390000
Nevada 1 15,191,226.28 1.74 118 5.8500 1.200000
New Hampshire 1 6,075,493.24 0.69 114 7.3700 1.334405
New Mexico 2 6,159,336.16 0.70 170 6.6967 1.595259
North Carolina 2 5,872,554.58 0.67 117 6.5441 1.349676
Ohio 3 8,576,111.18 0.98 183 7.7232 2.052609
Oklahoma 4 14,089,117.69 1.61 118 6.5587 1.366144
Oregon 1 3,706,446.75 0.42 102 7.7500 1.460000
Pennsylvania 2 7,658,837.30 0.88 117 6.4886 1.445629
Rhode Island 1 45,000,000.00 5.15 117 6.6250 1.790000
South Carolina 1 1,517,337.17 0.17 118 6.1900 1.377521
Tennessee 1 1,795,663.60 0.21 117 6.7500 1.430750
Texas 13 57,552,645.11 6.58 111 6.2574 1.405535
Utah 1 3,494,290.14 0.40 118 6.5000 1.370000
Virginia 6 51,607,590.53 5.90 90 6.0652 1.354533
Washington 4 49,202,677.96 5.63 104 5.9216 1.448319
Washington,DC 1 6,238,571.95 0.71 118 6.0000 1.350000
Totals 108 874,332,201.13 100.00 113 6.5239 1.482235
Debt Service Coverage Ratio(1)
Debt Service # of Scheduled % of Weighted
Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<s> <c> <c> <c> <c> <c> <c>
1.19 or less 0 0.00 0.00 0 0.0000 0.000000
1.20 to 1.24 2 18,585,679.55 2.13 118 5.9687 1.205860
1.25 to 1.29 13 125,387,993.06 14.34 108 6.6656 1.283239
1.30 to 1.34 18 149,087,591.33 17.05 114 6.5722 1.323651
1.35 to 1.39 15 131,947,336.47 15.09 114 6.5213 1.360487
1.40 to 1.44 13 105,215,366.69 12.03 111 6.4639 1.417505
1.45 to 1.49 9 65,551,487.15 7.50 112 6.3884 1.467812
1.50 to 1.54 11 129,994,098.73 14.87 109 6.2433 1.522080
1.55 to 1.59 2 7,423,989.96 0.85 118 6.2633 1.582716
1.60 to 1.64 2 15,021,397.66 1.72 118 5.8262 1.615748
1.65 to 1.69 0 0.00 0.00 0 0.0000 0.000000
1.70 to 1.74 2 8,397,551.58 0.96 151 7.0697 1.735548
1.75 to 1.79 4 60,251,630.40 6.89 126 6.6134 1.781679
1.80 to 1.89 1 4,000,000.00 0.46 119 5.7500 1.870000
1.90 to 1.99 1 3,172,339.04 0.36 117 6.7500 1.900000
2.0 to 2.2 1 4,390,685.36 0.50 118 7.4000 2.190000
2.2 or greater 10 45,905,054.15 5.25 118 7.3587 2.429124
Totals 104 874,332,201.13 100.00 113 6.5239 1.482235
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 3 14,888,015.38 1.70 155 6.8589 1.586848
Lodging 10 49,145,739.51 5.62 118 7.4000 2.410548
Mixed Use 2 6,690,270.69 0.77 118 6.4803 1.374721
Mobile Home Park 1 5,182,939.85 0.59 116 6.5000 1.402410
Multi-Family 30 202,172,653.45 23.12 105 6.3667 1.387424
Office 22 203,055,923.79 23.22 108 6.2409 1.441163
Retail 40 393,196,658.46 44.97 118 6.6297 1.435084
Totals 108 874,332,201.13 100.00 113 6.5239 1.482235
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>
5.999% or less 11 129,866,611.44 14.85 95 5.8209 1.455917
6.000% to 6.249% 16 138,254,582.65 15.81 115 6.0670 1.404127
6.250% to 6.499% 20 144,824,262.99 16.56 116 6.3646 1.406520
6.500% to 6.749% 19 209,902,569.97 24.01 116 6.6136 1.491864
6.750% to 6.999% 10 60,487,153.14 6.92 116 6.8046 1.365551
7.700% to 7.249% 11 107,108,687.77 12.25 114 7.1337 1.361203
7.250% to 7.499% 14 72,459,545.63 8.29 121 7.3748 2.064722
7.500% or greater 3 11,428,787.54 1.31 160 7.8150 1.567566
Totals 104 874,332,201.13 100.00 113 6.5239 1.482235
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 102 865,492,339.67 98.99 113 6.5102 1.480646
13 to 24 months 2 8,839,861.46 1.01 174 7.8603 1.637744
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
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 104 874,332,201.13 100.00 113 6.5239 1.482235
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 5 43,762,654.19 5.01 57 6.0504 1.343490
61 to 84 months 1 26,447,994.02 3.02 82 5.6800 1.534779
85 to 108 months 1 3,706,446.75 0.42 102 7.7500 1.460000
109 to 120 months 93 777,153,299.88 88.89 117 6.5706 1.487397
121 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 100 851,070,394.84 97.34 113 6.5213 1.481350
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>
120 months or less 0 0.00 0.00 0 0.0000 0.000000
120 to 192 months 1 12,800,000.00 1.46 68 5.9700 1.432109
193 to 264 months 3 10,461,806.29 1.20 229 7.4144 1.615490
265 to 336 months 0 0.00 0.00 0 0.0000 0.000000
337 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 4 23,261,806.29 2.66 140 6.6196 1.514583
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 8 109,570,000.00 12.53 104 6.3089 1.573713
120 months or less 0 0.00 0.00 0 0.0000 0.000000
120 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 264 months 2 5,616,503.59 0.64 117 6.5541 1.263451
265 to 336 months 16 85,064,123.09 9.73 118 6.9746 2.021559
337 months or greater 74 650,819,768.16 74.44 113 6.4975 1.397074
Totals 100 851,070,394.84 97.34 113 6.5213 1.481350
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>
Underwriter's Information 104 874,332,201.13 100.00 113 6.5239 1.482235
1 year or less 0 0.00 0.00 0 0.0000 0.000000
1 to 2 years 0 0.00 0.00 0 0.0000 0.000000
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 104 874,332,201.13 100.00 113 6.5239 1.482235
<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>
502737614 1 RT Smithfield RI 248,437.50 0.00 6.625%
567000002 2 RT Valencia CA 224,420.74 30,124.84 7.200%
567000003 3 MF Randallstown MD 211,849.08 30,325.22 7.110%
567000004 4 RT Gaithersburg MD 196,145.68 30,631.05 6.740%
567000005 5 OF Tacoma WA 125,320.42 28,150.00 5.680%
502697602 6 RT Northridge CA 131,500.00 21,382.03 6.575%
567000007 7 MF Ashburn VA 116,000.00 0.00 5.800%
567000008 8 RT Laguna Niguel CA 122,000.08 21,414.79 6.370%
502747318 9 RT Encinitas CA 112,840.96 22,179.27 6.050%
567000010 10 RT Puyallup WA 85,331.07 16,476.06 6.100%
502745110 11 MF Las Vegas NV 74,133.55 15,655.46 5.850%
502751714 12 RT Paso Robles CA 78,471.62 14,623.66 6.200%
502743125 13 MF Temple Terrace FL 77,804.22 14,245.50 6.250%
567000014 14 MF Houston TX 72,439.91 14,494.92 6.000%
567000015 15 OF Culver City CA 69,785.82 20,255.30 6.000%
502730612 16 RT Calabasas CA 72,420.36 13,155.28 6.290%
502738711 17 OF Santa Monica CA 74,804.18 12,547.62 6.500%
567000018 18 OF Bakersfield CA 63,680.00 0.00 5.970%
502741911 19 MF Houston TX 70,162.30 11,283.19 6.640%
567000020 20 OF Sparks MD 69,720.00 0.00 6.640%
502746413 21 OF Pembroke Pines FL 61,431.70 12,514.42 5.950%
502741906 22 OF Rockville MD 67,396.09 10,435.68 6.750%
502742425 23 LO Long Beach CA 71,465.18 13,504.69 7.400%
502746414 24 OF Palm Beach Garden FL 56,477.53 11,505.20 5.950%
567000025 25 RT Rancho Santa Marg CA 63,327.51 9,688.11 6.800%
667000026 26 OF Studio City CA 58,608.33 0.00 6.500%
502740918 27 RT Bloomfield Hills MI 59,393.17 9,457.56 6.650%
502742435 28 OF Maitland FL 55,185.16 9,511.95 6.440%
567000029 29 RT Rancho Santa Marg CA 59,098.42 8,737.39 6.900%
502746821 30 RT Harrisonburg VA 50,708.93 9,825.97 6.090%
667000031 31 RT Newark CA 59,853.10 7,742.59 7.310%
502745001 32 RT Newnan GA 49,440.81 9,052.32 6.250%
667000033 33 OF North Hollywood CA 48,339.51 8,250.99 6.450%
502742918 34 MF Elgin IL 44,507.36 7,698.27 6.430%
567000035 35 MF Huntsville AL 44,415.41 7,315.95 6.600%
502741213 36 RT Lawndale CA 42,310.79 7,658.88 6.300%
502746707 37 OF Irving TX 38,479.31 8,126.02 5.850%
502750138 38 MF Scottsdale AZ 35,625.00 0.00 5.700%
502742432 39 LO Costa Mesa CA 46,205.93 8,731.49 7.400%
502737611 40 OF Charlottesville VA 38,981.26 6,873.18 6.375%
502745707 41 RT Lake Bluff IL 36,344.85 7,272.45 6.000%
502746706 42 OF Irving TX 34,528.16 7,424.68 5.800%
567000043 43 IN Tustin CA 35,354.82 10,261.72 6.000%
502742917 44 MF Westfield MA 37,232.12 6,439.90 6.430%
502741917 45 RT North Lauderdale FL 35,975.75 5,534.53 6.750%
502746419 46 MF Washington DC 31,224.10 6,247.81 6.000%
502731815 47 RT Woodland Hills CA 35,841.04 5,121.63 7.000%
567000048 48 RT Woodland Hills CA 36,651.24 4,837.46 7.220%
567000049 49 RT Nashua NH 37,342.93 4,767.47 7.370%
502745312 50 OF San Jose CA 35,371.51 7,529.99 7.000%
502742415 51 LO Boulder CO 36,964.75 6,985.18 7.400%
567000052 52 RT Bloomington MN 32,014.32 4,773.70 6.875%
502744711 53 OF Los Angeles CA 27,102.52 5,423.10 6.000%
502742424 54 LO Lombard Il 33,268.27 6,286.67 7.400%
502742915 55 MF Modesto CA 28,245.06 4,885.44 6.430%
567000056 56 MH Mesa AZ 28,100.08 4,767.46 6.500%
567000057 57 IN Maumee OH 34,030.68 9,761.50 7.940%
667000058 58 OF Oklahoma City OK 27,672.67 4,641.81 6.500%
502742412 59 LO Atlanta GA 31,420.04 5,937.40 7.400%
567000060 60 OF Lakewood CA 31,008.01 4,025.45 7.320%
567000061 61 MF San Bernardino CA 26,253.25 4,001.38 6.860%
502745217 62 MU Boca Raton FL 22,987.50 0.00 6.130%
502742428 63 LO Southfield MI 27,107.48 5,122.47 7.400%
502742513 64 MF Chicago IL 19,166.67 0.00 5.750%
567000065 65 OF Denver CO 20,383.62 3,907.87 6.120%
502735512 66 OF Cranberry Township PA 21,864.83 3,602.31 6.570%
502731814 67 RT Chesapeake VA 21,464.49 3,686.84 6.450%
502742916 68 MF Sacramento CA 21,397.77 3,701.09 6.430%
567000069 69 MF Grand Prairie TX 22,087.67 5,296.73 6.650%
265950523 70 RT Eugene OR 23,956.26 2,909.20 7.750%
502737007 71 RT Greenville NC 20,363.96 7,506.15 6.630%
502742908 72 RT Kennett Square PA 19,585.42 3,401.92 6.400%
567000073 73 MF Dallas TX 19,604.36 3,346.23 6.450%
567000074 74 MF Tacoma WA 18,234.87 3,648.73 6.000%
502741915 75 RT Taylorsville UT 18,944.62 3,177.76 6.500%
502742919 76 MF Westfield MA 18,402.08 3,182.94 6.430%
667000077 77 OF Oklahoma City OK 18,403.34 3,086.97 6.500%
502737613 78 RT Oklahoma City OK 18,616.69 2,897.31 6.750%
567000079 79 MF Victorville CA 17,036.60 3,174.88 6.200%
567000080 80 RT Grottoes VA 18,027.31 2,920.70 6.600%
502735505 81 RT Beaumont TX 19,108.64 2,569.27 7.180%
502740927 82 RT Santa Fe NM 17,859.96 2,765.46 6.750%
502737423 83 RT Newport News VA 15,797.64 2,892.46 6.250%
502742413 84 LO Smyrna GA 18,482.37 3,492.60 7.400%
567000085 85 RT Los Lunas NM 16,565.65 6,795.28 6.640%
567000086 86 RT Rancho Santa Marg CA 16,892.14 2,401.63 7.000%
502742429 87 LO Chesterfield MO 17,250.22 3,259.75 7.400%
502722602 88 IN Pembroke Pines FL 15,846.18 3,323.07 7.050%
567000089 89 MF El Paso TX 13,629.28 2,539.90 6.200%
502742913 90 MF Amherst MA 14,042.29 2,428.84 6.430%
567000091 91 MF Pompano Beach FL 16,538.28 1,927.00 7.660%
667000092 92 RT Santa Maria CA 14,322.83 1,935.61 7.180%
502736106 93 RT Holly Hill FL 13,825.31 1,975.62 7.000%
567000094 94 RT Lynnwood WA 14,173.42 4,551.65 7.250%
667000095 95 OF Oklahoma City OK 12,381.66 2,076.90 6.500%
567000096 96 RT Dalton GA 12,636.77 1,956.69 6.750%
502745918 97 RT Sylva NC 11,713.73 2,047.40 6.400%
567000098 98 MU Ridgeland MS 13,157.66 2,673.30 7.200%
502742417 99 LO Sharonville OH 12,321.58 2,328.40 7.400%
502741016 100 RT Odessa TX 10,375.05 4,060.49 6.410%
667000101 101 MF Lewisburg TN 10,109.41 1,565.36 6.750%
567000102 102 MF Greenville SC 7,834.49 1,465.18 6.190%
502742419 103 LO Dayton OH 8,933.15 1,688.08 7.400%
502741109 104 MF Chicago IL 5,510.42 0.00 5.750%
Totals 4,757,407.83 737,791.62
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>
502737614 N/A 09/01/2012 N 45,000,000.00 45,000,000.00 12/01/2002
567000002 N/A 07/11/2012 N 37,403,456.60 37,373,331.76 11/11/2002
567000003 N/A 02/11/2012 N 35,755,118.26 35,724,793.05 11/11/2002
567000004 N/A 08/08/2012 N 34,922,079.37 34,891,448.32 12/08/2002
567000005 10/11/2009 09/11/2016 N 26,476,144.02 26,447,994.02 11/11/2002
502697602 N/A 11/01/2012 N 24,000,000.00 23,978,617.97 11/01/2002
567000007 N/A 10/11/2007 N 24,000,000.00 24,000,000.00 11/11/2002
567000008 N/A 10/11/2012 N 22,982,746.52 22,961,331.73 11/11/2002
502747318 10/11/2012 10/11/2032 N 22,381,677.55 22,359,498.28 11/11/2002
567000010 10/11/2012 10/11/2032 N 16,786,439.54 16,769,963.48 11/11/2002
502745110 N/A 10/11/2012 N 15,206,881.74 15,191,226.28 11/11/2002
502751714 N/A 10/11/2012 N 15,188,055.83 15,173,432.17 11/11/2002
502743125 N/A 10/11/2012 N 14,938,410.35 14,924,164.85 11/11/2002
567000014 N/A 10/11/2012 N 14,487,981.84 14,473,486.92 11/11/2002
567000015 N/A 10/11/2012 N 13,957,163.05 13,936,907.74 11/11/2002
502730612 N/A 09/11/2012 N 13,816,285.63 13,803,130.35 11/11/2002
502738711 N/A 10/11/2012 N 13,810,001.81 13,797,454.19 11/11/2002
567000018 08/01/2008 05/01/2014 N 12,800,000.00 12,800,000.00 12/01/2002
502741911 N/A 09/01/2012 N 12,679,934.25 12,668,651.06 12/01/2002
567000020 N/A 09/01/2012 N 12,600,000.00 12,600,000.00 12/01/2002
502746413 N/A 10/11/2012 N 12,389,586.66 12,377,072.24 11/11/2002
502741906 N/A 09/01/2012 N 11,981,526.41 11,971,090.73 12/01/2002
502742425 N/A 10/11/2012 N 11,588,947.91 11,575,443.22 11/11/2002
502746414 N/A 10/11/2012 N 11,390,426.44 11,378,921.24 11/11/2002
567000025 N/A 08/11/2012 N 11,175,442.44 11,165,754.33 11/11/2002
667000026 N/A 09/01/2012 N 10,820,000.00 10,820,000.00 12/01/2002
502740918 N/A 10/01/2012 N 10,717,564.79 10,708,107.23 12/01/2002
502742435 N/A 09/01/2012 N 10,282,949.42 10,273,437.47 12/01/2002
567000029 N/A 08/11/2012 N 10,277,986.91 10,269,249.52 11/11/2002
502746821 10/11/2012 10/11/2032 N 9,991,906.77 9,982,080.80 11/11/2002
667000031 N/A 07/01/2012 N 9,825,406.79 9,817,664.21 12/01/2002
502745001 N/A 10/01/2012 N 9,492,635.34 9,483,583.02 12/01/2002
667000033 N/A 10/01/2012 N 8,993,397.00 8,985,146.00 12/01/2002
502742918 N/A 09/01/2012 N 8,306,195.24 8,298,496.97 12/01/2002
567000035 N/A 07/11/2007 N 8,075,528.23 8,068,212.27 11/11/2002
502741213 N/A 09/01/2012 N 8,059,198.78 8,051,539.90 12/01/2002
502746707 N/A 10/11/2012 N 7,893,190.92 7,885,064.90 11/11/2002
502750138 N/A 10/11/2012 N 7,500,000.00 7,500,000.00 11/11/2002
502742432 N/A 10/11/2012 N 7,492,854.25 7,484,122.76 11/11/2002
502737611 N/A 09/01/2012 N 7,337,649.06 7,330,775.88 12/01/2002
502745707 N/A 10/11/2012 N 7,268,970.20 7,261,697.75 11/11/2002
502746706 N/A 10/11/2012 N 7,143,757.44 7,136,332.76 11/11/2002
567000043 N/A 10/11/2012 N 7,070,963.46 7,060,701.74 11/11/2002
502742917 N/A 09/01/2012 N 6,948,451.78 6,942,011.88 12/01/2002
502741917 N/A 10/01/2012 N 6,395,689.72 6,390,155.19 12/01/2002
502746419 N/A 10/11/2012 N 6,244,819.76 6,238,571.95 11/11/2002
502731815 N/A 08/01/2012 N 6,144,177.66 6,139,056.03 12/01/2002
567000048 N/A 09/11/2012 N 6,091,619.56 6,086,782.10 11/11/2002
567000049 06/11/2012 06/11/2032 N 6,080,260.71 6,075,493.24 11/11/2002
502745312 N/A 10/01/2012 N 6,063,687.11 6,056,157.12 11/01/2002
502742415 N/A 10/11/2012 N 5,994,283.40 5,987,298.22 11/11/2002
567000052 N/A 08/01/2012 N 5,587,954.51 5,583,180.81 11/01/2002
502744711 N/A 10/11/2007 N 5,420,503.55 5,415,080.45 11/11/2002
502742424 N/A 10/11/2012 N 5,394,855.06 5,388,568.39 11/11/2002
502742915 N/A 09/01/2012 N 5,271,239.28 5,266,353.84 12/01/2002
567000056 N/A 08/11/2012 N 5,187,707.31 5,182,939.85 11/11/2002
567000057 N/A 10/11/2021 N 5,143,176.21 5,133,414.71 11/11/2002
667000058 N/A 10/11/2012 N 5,108,801.32 5,104,159.51 11/11/2002
502742412 N/A 10/11/2012 N 5,095,140.89 5,089,203.49 11/11/2002
567000060 06/11/2012 06/11/2032 N 5,083,279.66 5,079,254.21 11/11/2002
567000061 N/A 05/11/2012 N 4,592,405.08 4,588,403.70 11/11/2002
502745217 N/A 11/11/2012 N 4,500,000.00 4,500,000.00 11/11/2002
502742428 N/A 10/11/2012 N 4,395,807.83 4,390,685.36 11/11/2002
502742513 N/A 11/11/2012 N 4,000,000.00 4,000,000.00 11/11/2002
567000065 N/A 10/11/2012 N 3,996,788.51 3,992,880.64 11/11/2002
502735512 N/A 09/01/2012 N 3,993,575.54 3,989,973.23 12/01/2002
502731814 N/A 09/01/2012 N 3,993,393.73 3,989,706.89 12/01/2002
502742916 N/A 09/01/2012 N 3,993,363.10 3,989,662.01 12/01/2002
567000069 N/A 08/11/2012 N 3,985,744.09 3,980,447.36 11/11/2002
265950523 N/A 06/01/2011 N 3,709,355.95 3,706,446.75 12/01/2002
502737007 N/A 09/01/2012 N 3,685,783.79 3,678,277.64 12/01/2002
502742908 10/01/2012 10/01/2032 N 3,672,265.99 3,668,864.07 12/01/2002
567000073 N/A 10/11/2007 N 3,647,322.12 3,643,975.89 11/11/2002
567000074 N/A 10/11/2012 N 3,646,974.73 3,643,326.00 11/11/2002
502741915 10/11/2012 10/11/2032 N 3,497,467.90 3,494,290.14 11/11/2002
502742919 N/A 09/01/2012 N 3,434,292.26 3,431,109.32 12/01/2002
667000077 N/A 10/11/2012 N 3,397,540.24 3,394,453.27 11/11/2002
502737613 08/01/2012 08/01/2032 N 3,309,634.03 3,306,736.72 12/01/2002
567000079 N/A 10/11/2012 N 3,297,406.86 3,294,231.98 11/11/2002
567000080 N/A 10/11/2012 N 3,277,693.32 3,274,772.62 11/11/2002
502735505 08/01/2012 08/01/2032 N 3,193,643.96 3,191,074.69 12/01/2002
502740927 09/01/2012 09/01/2032 N 3,175,104.50 3,172,339.04 12/01/2002
502737423 10/11/2012 10/11/2032 N 3,033,146.80 3,030,254.34 11/11/2002
502742413 N/A 10/11/2012 N 2,997,141.70 2,993,649.10 11/11/2002
567000085 N/A 10/11/2021 N 2,993,792.40 2,986,997.12 11/11/2002
567000086 N/A 09/11/2012 N 2,895,795.35 2,893,393.72 11/11/2002
502742429 N/A 10/11/2012 N 2,797,332.25 2,794,072.50 11/11/2002
502722602 N/A 10/01/2012 N 2,697,222.00 2,693,898.93 12/01/2002
567000089 N/A 10/11/2007 N 2,637,925.49 2,635,385.58 11/11/2002
502742913 N/A 09/01/2012 N 2,620,644.53 2,618,215.69 12/01/2002
567000091 N/A 05/11/2012 N 2,590,853.08 2,588,926.08 11/11/2002
667000092 07/01/2012 07/01/2032 N 2,393,786.98 2,391,851.38 12/01/2002
502736106 08/01/2012 08/01/2032 N 2,370,053.92 2,368,078.30 11/01/2002
567000094 N/A 10/11/2022 N 2,345,946.11 2,341,394.46 11/11/2002
667000095 N/A 10/11/2012 N 2,285,845.09 2,283,768.19 11/11/2002
567000096 N/A 09/01/2012 N 2,246,536.19 2,244,579.50 12/01/2002
502745918 N/A 09/11/2012 N 2,196,324.34 2,194,276.94 11/11/2002
567000098 N/A 08/01/2012 N 2,192,943.99 2,190,270.69 12/01/2002
502742417 N/A 10/11/2012 N 1,998,094.46 1,995,766.06 11/11/2002
502741016 09/01/2012 09/01/2032 N 1,942,286.44 1,938,225.95 12/01/2002
667000101 N/A 09/01/2012 N 1,797,228.96 1,795,663.60 12/01/2002
567000102 N/A 10/11/2012 N 1,518,802.35 1,517,337.17 11/11/2002
502742419 N/A 10/11/2012 N 1,448,618.49 1,446,930.41 11/11/2002
502741109 N/A 11/11/2012 N 1,150,000.00 1,150,000.00 11/11/2002
Totals 875,069,992.76 874,332,201.13
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
12/16/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
12/16/2002 0 $0.00 0 $0.00
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
12/16/2002 6.523897% 6.478813% 113
<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>
567000002 2 0 11/11/2002 253,298.80 253,298.80 A
567000003 3 0 11/11/2002 240,982.46 240,982.46 A
567000005 5 0 11/11/2002 152,587.88 152,587.88 A
502697602 6 0 11/01/2002 152,082.03 152,082.03 B
567000007 7 0 11/11/2002 115,200.00 115,200.00 A
567000008 8 0 11/11/2002 142,648.77 142,648.77 A
502747318 9 0 11/11/2002 134,274.17 134,274.17 A
567000010 10 0 11/11/2002 101,247.59 101,247.59 A
502745110 11 0 11/11/2002 89,282.11 89,282.11 A
502751714 12 0 11/11/2002 92,589.02 92,589.02 A
502743125 13 0 11/11/2002 91,551.78 91,551.78 A
567000014 14 0 11/11/2002 86,451.89 86,451.89 A
567000015 15 0 11/11/2002 89,575.88 89,575.88 A
502730612 16 0 11/11/2002 85,115.10 85,115.10 A
502738711 17 0 11/11/2002 86,891.46 86,891.46 A
502746413 21 0 11/11/2002 73,533.14 73,533.14 A
502742425 23 0 11/11/2002 84,583.57 84,583.57 A
502746414 24 0 11/11/2002 67,603.05 67,603.05 A
567000025 25 0 11/11/2002 72,643.10 72,643.10 A
567000029 29 0 11/11/2002 67,493.21 67,493.21 A
502746821 30 0 11/11/2002 60,201.84 60,201.84 A
567000035 35 0 11/11/2002 51,462.18 51,462.18 A
502746707 37 0 11/11/2002 46,342.23 46,342.23 A
502750138 38 0 11/11/2002 35,375.00 35,375.00 A
502742432 39 0 11/11/2002 54,687.66 54,687.66 A
502745707 41 0 11/11/2002 43,375.00 43,375.00 A
502746706 42 0 11/11/2002 41,714.72 41,714.72 A
567000043 43 0 11/11/2002 45,380.84 45,380.84 A
502746419 46 0 11/11/2002 37,263.75 37,263.75 A
567000048 48 0 11/11/2002 41,285.64 41,285.64 A
567000049 49 0 11/11/2002 41,907.72 41,907.72 A
502745312 50 0 11/01/2002 42,699.38 42,699.38 B
502742415 51 0 11/11/2002 43,750.13 43,750.13 A
567000052 52 0 11/01/2002 36,601.76 36,601.76 B
502744711 53 0 11/11/2002 32,344.93 32,344.93 A
502742424 54 0 11/11/2002 39,375.12 39,375.12 A
567000056 56 0 11/11/2002 32,694.62 32,694.62 A
567000057 57 0 11/11/2002 43,620.74 43,620.74 A
667000058 58 0 11/11/2002 31,931.32 31,931.32 A
502742412 59 0 11/11/2002 37,187.60 37,187.60 A
567000060 60 0 11/11/2002 34,864.02 34,864.02 A
567000061 61 0 11/11/2002 30,101.55 30,101.55 A
502745217 62 0 11/11/2002 22,837.50 22,837.50 A
502742428 63 0 11/11/2002 32,083.43 32,083.43 A
502742513 64 0 11/11/2002 19,033.33 19,033.33 A
567000065 65 0 11/11/2002 24,158.27 24,158.27 A
567000069 69 0 11/11/2002 27,251.54 27,251.54 A
567000073 73 0 11/11/2002 22,829.01 22,829.01 A
567000074 74 0 11/11/2002 21,762.04 21,762.04 A
502741915 75 0 11/11/2002 22,005.80 22,005.80 A
667000077 77 0 11/11/2002 21,178.87 21,178.87 A
567000079 79 0 11/11/2002 20,101.56 20,101.56 A
567000080 80 0 11/11/2002 20,838.75 20,838.75 A
502737423 83 0 11/11/2002 18,588.99 18,588.99 A
502742413 84 0 11/11/2002 21,875.07 21,875.07 A
567000085 85 0 11/11/2002 23,261.13 23,261.13 A
567000086 86 0 11/11/2002 19,197.25 19,197.25 A
502742429 87 0 11/11/2002 20,416.73 20,416.73 A
567000089 89 0 11/11/2002 16,081.25 16,081.25 A
567000091 91 0 11/11/2002 18,378.92 18,378.92 A
502736106 93 0 11/01/2002 15,721.93 15,721.93 B
567000094 94 0 11/11/2002 18,646.87 18,646.87 A
667000095 95 0 11/11/2002 14,249.02 14,249.02 A
502745918 97 0 11/11/2002 13,687.91 13,687.91 A
502742417 99 0 11/11/2002 14,583.38 14,583.38 A
567000102 102 0 11/11/2002 9,249.05 9,249.05 A
502742419 103 0 11/11/2002 10,572.95 10,572.95 A
502741109 104 0 11/11/2002 5,472.08 5,472.08 A
Totals 68 3,677,865.39 3,677,865.39
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>
567000002 37,403,456.60 0.00
567000003 35,755,118.26 0.00
567000005 26,476,144.02 0.00
502697602 24,000,000.00 0.00
567000007 24,000,000.00 0.00
567000008 22,982,746.52 0.00
502747318 22,381,677.55 0.00
567000010 16,786,439.54 0.00
502745110 15,206,881.74 0.00
502751714 15,188,055.83 0.00
502743125 14,938,410.35 0.00
567000014 14,487,981.84 0.00
567000015 13,957,163.05 0.00
502730612 13,816,285.63 0.00
502738711 13,810,001.81 0.00
502746413 12,389,586.66 0.00
502742425 11,588,947.91 0.00
502746414 11,390,426.44 0.00
567000025 11,175,442.44 0.00
567000029 10,277,986.91 0.00
502746821 9,991,906.77 0.00
567000035 8,075,528.23 0.00
502746707 7,893,190.92 0.00
502750138 7,500,000.00 0.00
502742432 7,492,854.25 0.00
502745707 7,268,970.20 0.00
502746706 7,143,757.44 0.00
567000043 7,070,963.46 0.00
502746419 6,244,819.76 0.00
567000048 6,091,619.56 0.00
567000049 6,080,260.71 0.00
502745312 6,063,687.11 0.00
502742415 5,994,283.40 0.00
567000052 5,587,954.51 0.00
502744711 5,420,503.55 0.00
502742424 5,394,855.06 0.00
567000056 5,187,707.31 0.00
567000057 5,143,176.21 0.00
667000058 5,108,801.32 0.00
502742412 5,095,140.89 0.00
567000060 5,083,279.66 0.00
567000061 4,592,405.08 0.00
502745217 4,500,000.00 0.00
502742428 4,395,807.83 0.00
502742513 4,000,000.00 0.00
567000065 3,996,788.51 0.00
567000069 3,985,744.09 0.00
567000073 3,647,322.12 0.00
567000074 3,646,974.73 0.00
502741915 3,497,467.90 0.00
667000077 3,397,540.24 0.00
567000079 3,297,406.86 0.00
567000080 3,277,693.32 0.00
502737423 3,033,146.80 0.00
502742413 2,997,141.70 0.00
567000085 2,993,792.40 0.00
567000086 2,895,795.35 0.00
502742429 2,797,332.25 0.00
567000089 2,637,925.49 0.00
567000091 2,590,853.08 0.00
502736106 2,370,053.92 0.00
567000094 2,345,946.11 0.00
667000095 2,285,845.09 0.00
502745918 2,196,324.34 0.00
502742417 1,998,094.46 0.00
567000102 1,518,802.35 0.00
502742419 1,448,618.49 0.00
502741109 1,150,000.00 0.00
Totals 584,440,835.93 0.00
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances Balance Advances
Totals by Delinquency Code:
Total for Status Code = A (64 loans) 3,430,760.29 3,430,760.29 546,419,140.39 0.00
Total for Status Code = B (4 loans) 247,105.10 247,105.10 38,021,695.54 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
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