UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-K/A

Amendment No. 1

(Mark one)

/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2002

/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

Commission File Number: 333-53266-02

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

(Exact name of registrant as specified in its charter)

New York 52-2316405
52-2316406
52-7184008
52-2316404
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

c/o Wells Fargo Bank Minnesota, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (410) 884-2000

Securities registered pursuant to Section 12(b) of the Act:

NONE.

Securities registered pursuant to Section 12(g) of the Act:

NONE.

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.

Yes X No ___

Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K ( 229.405 of this chapter) is not contained
herein, and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated by reference
in Part III of this Form 10-K or any amendment to this Form 10-K.

Not applicable.

State the aggregate market value of the voting and non-voting common
equity held by non-affiliates of the registrant. The aggregate market
value shall be computed by reference to the price at which the common
equity was sold, or the average bid and asked prices of such common
equity, as of a specified date within 60 days prior to the date of
filing. (See definition of affiliate in Rule 405, 17 CFR 230.405.)

Not applicable.

Indicate the number of shares outstanding of each of the registrant's
classes of common stock, as of the latest practicable date.

Not applicable.

List hereunder the following documents if incorporated by reference and
the Part of the Form 10-K (e.g. Part I, Part II, etc..) into which the
document is incorporated: (1)Any annual report to security holders; (2)
Any proxy or information statement; and (3)Any prospectus filed pursuant
to Rule 424(b) or (c) under the Securities Act of 1933. The listed
documents should be clearly described for identification purposes (e.g.
annual report to security holders for fiscal year ended December 24, 1980).

Not applicable.

PART I

Item 1. Business.

Omitted.

Item 2. Properties.

See Item 14(a), Exhibits 99.1, 99.2, and 99.3, for information
provided in lieu of information required by Item 102 of
Regulation S-K.

Item 3. Legal Proceedings.

The registrant knows of no material pending legal proceedings
involving the trusts created under the Pooling and Servicing
Agreement (the Trusts), the Trustee, the Servicer or the
registrant with respect to the Trusts other than routine
litigation incidental to the duties of the respective parties.

Item 4. Submission of Matters to a Vote of Security Holders.

None.

PART II

Item 5. Market for registrant's Common Equity and Related Stockholder
Matters.

No established public trading market for the Certificates exists.

Records provided to the Trust by the DTC and the Trustee
indicate that as of December 31, 2002, the number of holders of
record for each class of Certificate were as follows:

Class A-1 14
Class A-2 10
Class B 3
Class C 2
Class D 2
Class E 2
Class F 2
Class G 3
Class H 3
Class IO 6
Class J 4
Class K 6
Class L 2
Class M 1
Class N 1
Class O 1
Class P 1
Class Q 1
Class R-I 1
Class R-II 1
Class V 2
Class Z-I 1
Class Z-II 1

Total: 70

Item 6. Selected Financial Data.

Omitted.

Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operation.

Omitted.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk.

Not applicable.

Item 8. Financial Statements and Supplementary Data.

See Item 14(a), Exhibits 99.1, 99.2, 99.3, for information
provided in lieu of information required by Item 302 of
Regulation S-K.

Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.

None.

PART III

Item 10. Directors and Executive Officers of the Registrant.

Not applicable.

Item 11. Executive Compensation.

Not applicable.

Item 12. Security Ownership of Certain Beneficial Owners and Management.

Not applicable.

Item 13. Certain Relationships and Related Transactions.

Not applicable.

Item 14. Controls and Procedures.

Not applicable.

PART IV

Item 15. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.

(a) Exhibits

(99.1) Annual Independent Accountants' Servicing Reports concerning
servicing activities for the year ended December 31, 2002.

<s> <c>
a) First Union National Bank, as Master Servicer <F1>
b) Lennar Partners, Inc., as Special Servicer <F1>

(99.2) Report of Management as to Compliance with Minimum Servicing
Standards for the year ended December 31, 2002.

<s> <c>
a) First Union National Bank, as Master Servicer <F1>
b) Lennar Partners, Inc., as Special Servicer <F1>

(99.3) Annual Statements of Compliance under the Pooling and Servicing
Agreements for the year ended December 31, 2002.

<s> <c>
a) First Union National Bank, as Master Servicer <F1>
b) Lennar Partners, Inc., as Special Servicer <F1>

(99.4) Aggregate Statement of Principal and Interest Distributions to
Certificate Holders.

(b) On October 25, 2002, November 27, 2002 and December 18, 2002 reports on
Form 8-K were filed by the Company in order to provide the statements
for the monthly distributions to holders of the Certificates. No other
reports on Form 8-K have been filed during the last quarter of the
period covered by this report.

(d) Omitted.

<F1> Filed Herewith.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized:

First Union Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2001-C2
(Registrant)

Signed: Wachovia Commercial Mortgage Securities Inc. as Depositor

By: William J. Cohane, Vice President

By: /s/ William J. Cohane

Dated: July 17, 2003

Sarbanes-Oxley Certification

I, William J. Cohane, certify that:

1. I have reviewed this annual report on Form 10-K, and all reports on Form
8-K containing distribution or servicing reports filed in respect of
periods included in the year covered by this annual report, of the Trust;

2. Based on my knowledge, the information in these reports, taken as a whole,
does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading as of
the last day of the period covered by this annual report;

3. Based on my knowledge, the distribution or servicing information required
to be provided to the trustee by the servicer under the pooling and
servicing, or similar, agreement, for inclusion in these reports is
included in these reports;

4. Based on my knowledge and upon the annual compliance statement
included in the report and required to be delivered to the
trustee in accordance with the terms of the pooling and
servicing, or similar, agreement, and except as disclosed
in the reports, the servicer has fulfilled its obligations
under the servicing agreement; and

5. The reports disclose all significant deficiencies relating to the
servicer's compliance with the minimum servicing standards based upon the
report provided by an independent public accountant, after conducting a
review in compliance with the Uniform Single Attestation Program for
Mortgage Bankers or similar procedure, as set forth in the pooling and
servicing, or similar, agreement, that is included in these reports.

In giving the certifications above, I have reasonably relied on
information provided to me by the following unaffiliated parties: Lennar
Partners, Inc., as special servicer, and Wells Fargo Bank Minnesota, N.A.,
as trustee.

Date: July 17, 2003

/s/ William J. Cohane
Signature

Vice President
Title

SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO
SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

(a)(i) No annual report is provided to the Certificateholders other than
with respect to aggregate principal and interest distributions.

(a)(ii) No proxy statement, form of proxy or other proxy soliciting
material has been sent to any Certificateholder with respect to any
annual or other meeting of Certificateholders.

Ex-99.1 (a)

KPMG (logo)

401 South Tryon Street
Suite 2300
Charlotte, NC 28202-1911

Independent Accountants' Report

The Board of Directors
Wachovia Bank National Association:

We have examined management's assertion, included in the accompanying report,
that Wachovia Bank National Association (the Bank) complied with the minimum
servicing standards set forth in the Mortgage Bankers Association of America's
(MBA's) Uniform Single Attestation Program for Mortgage Bankers, except
for minimum servicing standards V.4. and VI.1, which the MBA has interpreted as
being inapplicable to the servicing of commercial and multifamily loans, as of
and for the year ended December 31, 2002. Management is responsible for the
Bank's compliance with those minimum servicing standards. Our responsibility is
to express an opinion on management's assertion about the Bank's compliance
based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included examining, on a test basis, evidence about the
Bank's compliance with the applicable minimum servicing standards specified
above and performing such other procedures as we considered necessary in the
circumstances. We believe that our examination provides a reasonable basis for
our opinion. Our examination does not provide a legal determination on the
Bank's compliance with the minimum servicing standards.

In our opinion, management's assertion that the Bank has complied with the
aforementioned minimum servicing standards during the year ended December 31,
2002 is fairly stated, in all material respects.

/s/ KPMG LLP

March 10, 2003

KPMG LLP. KPMG LLP, a U.S. limited liability partnership, is a member of KPMG
International, a Swiss association.

Ex-99.1 (b)

Deloitte & Touche LLP
Certified Public Accountants
Suite 400
200 South Biscayne Boulevard
Miami, Florida 33131-2310

Ph: (305) 372-3100
Fax: (305) 372-3160
www.us.deloitte.com

Deloitte
& Touche (logo)

INDEPENDENT ACCOUNTANT'S REPORT

To the Board of Directors of
Lennar Partners, Inc.:

We have examined management's assertion about Lennar Partners, Inc.'s (the
"Company") compliance with the minimum servicing standards identified in the
Mortgage Bankers Association of America's Uniform Single Attestation Program
for Mortgage Bankers (USAP) as applicable to the special servicing of
commercial and multifamily mortgage loans as of and for the year ended December
31, 2002 included in the accompanying management assertion. Management is
responsible for the Company's compliance with those minimum-servicing standards.
Our responsibility is to express an opinion on management's assertion about the
entity's compliance based on our examination.

Our examination was made in accordance with standards established by the
American institute of Certified Public Accountants and, accordingly, included
examining, on a test basis, evidence about the Company's compliance with the
minimum servicing standards and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination
provides a reasonable basis for our opinion. Our examination does not provide
a legal determination on the Company's compliance with the minimum servicing
standards.

In our opinion, management's assertion that the Company complied with the
aforementioned minimum servicing standards as of and for the year ended
December 31, 2002 is fairly stated, in all material respects.

/s/ Deloitte & Touche LLP
February 15, 2003

Deloitte
Touche
Tohmatsu (logo)

Ex-99.2 (a)

Wachovia Securities (LOGO)
8739 Research Drive
Charlotte NC 28288

Commercial Loan Servicing

Management Assertion

As of and for the year ended December 31, 2002, Wachovia Bank National
Association (the Bank) has complied in all material respects with the minimum
servicing standards set forth in the Mortgage Bankers Association of America's
(MBA's) Uniform Single Attestation Program for Mortgage Bankers (USAP),
except for minimum servicing standards V.4. and VI.1., which the MBA has
interpreted as being inapplicable to the servicing of commerical and multi-
family loans. As of and for this same period, the Bank had in effect a
fidelity bond and errors and omissions policy in the amount of $200 million
and $20 million, respectively.

/s/ John M. Church March 10, 2003
John M. Church Date
Managing Director/Senior Vice President
Wachovia Bank National Association

/s/ Timothy S. Ryan March 10, 2003
Timothy S. Ryan Date
Director/Vice President
Wachovia Bank National Association

Wachovia is the trade name under which Wachovia Corporation conducts its
investment banking, capital markets and institutional securities business
through First Union Securities, Inc. ("FUSI"), member NYSE, NASD, SIPC, and
through other bank and non-bank and broker-dealer subsidiaries of Wachovia
Corporation, including Wachovia Bank, N.A. and First Union National Bank.

Ex-99.2 (b)

LENNAR PARTNERS
An LNR Company (logo)

March 1, 2003

Wells Fargo Bank Minnesota, NA
11000 Broken Land Parkway
Columbia, MD 21044-3562
Attention: Corporate Trust Services (CMBS) FUNB 2001-C2

RE: Annual Independent Public Accountant's Servicing Report
First Union Commercial Mortgage Securities Inc., Commercial Mortgage Pass-
Through Certificates, Series 2001-C2

To Whom It May Concern:

As of and for the year ended December 31, 2002, Lennar Partners, Inc. has
complied in all material respects with the applicable minimum servicing
standards set forth in the Mortgage Bankers Association of America's Uniform
Single Attestation Program for Mortgage Bankers applicable to the commercial
and multifamily mortgages for the special servicer as noted in the attachment
to this assertion. As of and for this same period, Lennar Partners, Inc. had
in effect a fidelity bond in the amount of $10,000,000 and an errors and
omissions policy in the amount of $10,000,000.

Sincerely,

LENNAR PARTNERS, INC.

/s/ Susan K. Chapman
Susan K. Chapman
Vice President

cc: Wachovia Bank, NA
NC 1075, 8739 Research Drive-URP4
Charlotte, NC 28262-1075
Wachovia National Bank Commercial Mortgage Trust

1601 Washington Avenue * Suite 700 * Miami Beach, Florida 33139
Telephone: (305) 695-5600 * Fax: (305) 695-5601

First Union Commercial Mortgage Securities Inc., Commercial Mortgage Pass-
Through Certificates, Series 2001-C2
Page 2

Moody's Investor's Service, Inc.
99 Church Street, 4th Floor
New York, NY 10007
Commercial Mortgage Surveillance Group

Standard & Poor's Rating Services, Inc.
55 Water Street
New York, NY 10041-0003
Commercial Mortgage Surveillance Manager

Wachovia Securities, Inc.
Wachovia Capital Markets Group
One Wachovia Center, DC6
Charlotte, NC 28288-1075
William J. Cohane

Merrill Lynch, Pierce, Fenner & Smith, Incorporated
100 Church Street, 18th Floor
New York, NY 10080-6518
Andrea Balkan

Greenwich Capital Markets, Inc.
600 Steamboat Road
Greenwich, CT 06830
Legal Department

Ex-99.3 (a)

WACHOVIA
SECURITIES (logo)

8739 Research Drive
Charlotte, NC 28288

OFFICER'S CERTIFICATE

Reference is hereby made to that certain Pooling and Servicing Agreement dated
as of June 10, 2001 by and among First Union Commercial Mortgage Securities,
Inc. as Depositor, Wachovia Bank, National Association (formerly know as First
Union National Bank) as Master Servicer, Lennar Partners, Inc. as Special
Servicer, and Wells Fargo Bank Minnesota, National Association as Trustee, with
respect to Commercial Mortgage Pass-Through Certificates, Series 2001-C2 (the
"Agreement"). Capitalized terms used herein not otherwise defined shall have
the meanings assigned in the Agreement.

Pursuant to Section 3.13 of this Agreement, Timothy E. Steward and Clyde M.
Alexander, Directors of the Master Servicer, do hereby certify that:

1. A review of the activities of the Master Servicer during the period from
January 1, 2002 through December 31, 2002 and of performance under the
Agreement during such period has been made under our supervision; and

2. To the best of our knowledge, based on such review, the Master Servicer has
fulfilled all its obligations under the Agreement in all material respects
throughout the period January 1, 2002 through December 31, 2002; and

3. The Master Servicer has received no notice regarding qualification or
challenging the status, of REMIC I, REMIC II as a REMIC under the REMIC
Provisions or of the Grantor Trust as a "Grantor Trust" for income tax purposes
under the Grantor Trust Provisions from the Internal Revenue Service or any
other governmental agency or body.

IN WITNESS WHEREOF, the undersigned have executed this Certificate as of the
day of March, 2003.

/s/ Timothy E. Steward /s/ Clyde M. Alexander
Timothy E. Steward, Director Clyde M. Alexander, Director
Wachovia Bank, National Association Wachovia Bank, National Association
(formerly know as First Union National (formerly know as First Union National
Bank) Bank)

Wachovia Securities is the trade name under which Wachovia Corporation conducts
its investment banking, capital markets and institutional securities business
through First Union Securities, Inc. ("FUSI"), member NYSE, NASD, SIPC, and
through other bank and non-bank and broker-dealer subsidiaries of Wachovia
Corporation, including Wachovia Bank, N.A. and First Union National Bank.

Ex-99.3 (b)

CERTIFICATE OF OFFICER
OF
LENNAR PARTNERS, INC.

Pooling and Servicing Agreement
(the "Agreement") dated June 10, 2001, among WACHOVIA
COMMERCIAL MORTGAGE SECURITIES, INC. formerly known as FIRST
UNION COMMERCIAL MORTGAGE SECURITIES, INC., as Depositor,
WACHOVIA BANK, N.A. formerly known as FIRST UNION NATIONAL BANK,
as Master Servicer, LENNAR PARTNERS, INC., as Special Servicer, and WELLS
FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Trustee.
(FUNB 2001-C2)

The undersigned, Susan K. Chapman, as Vice President of LENNAR PARTNERS, INC.,
a Florida Corporation (the "Company"), in accordance with Section 3.13 of the
Agreement, does hereby certify on behalf of the Company that (i) a review of
the activities of the Company during the year ended December 31, 2002 and of
the Company's performance under the Agreement has been made under my
supervision, (ii) to the best of my knowledge, based on such review, the
Company has fulfilled all of its obligations under the Agreement throughout
such period ended December 31, 2002 and (iii) the Company has received no
notice regarding qualification, or challenging the status, of REMIC I or REMIC
II as a REMIC under the Grantor Trust Provisions from the Internal Revenue
Service or any other governmental agency or body.

IN WITNESS WHEREOF, the undersigned has executed and delivered this Certificate
as of the 1st day of March, 2003.

/s/ Susan K. Chapman
Susan K. Chapman
Vice President
Lennar Partners, Inc.

Ex-99.4
Schedule of Year-To-Date Principal and Interest Distributions to
Certificateholders

Class Interest Principal Losses Ending Balance
<s> <c> <c> <c> <c>
A-1 11,252,327.71 9,986,981.21 0.00 175,933,421.71
A-2 39,354,809.64 0.00 0.00 590,647,000.00
B 2,902,507.32 0.00 0.00 42,565,000.00
C 866,634.36 0.00 0.00 12,520,000.00
D 870,195.72 0.00 0.00 12,519,000.00
E 1,402,770.96 0.00 0.00 20,031,000.00
F 713,368.44 0.00 0.00 10,015,000.00
G 1,109,899.20 0.00 0.00 15,023,000.00
H 1,312,246.44 0.00 0.00 17,527,000.00
IO 10,739,656.90 0.00 0.00 0.00
J 965,139.46 0.00 0.00 12,519,000.00
K 970,485.84 0.00 0.00 15,023,000.00
L 1,294,002.60 0.00 0.00 20,031,000.00
LR 0.00 0.00 0.00 0.00
M 323,516.76 0.00 0.00 5,008,000.00
N 390,700.80 0.00 0.00 6,048,000.00
O 381,656.76 0.00 0.00 5,908,000.00
P 254,459.40 0.00 0.00 3,939,000.00
Q 1,399,514.24 0.00 0.00 21,663,038.00
R-I 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00
V 43,560.51 (43,560.51) 0.00 1,301,468.07
Z-I 0.00 0.00 0.00 0.00
Z-II 0.00 0.00 0.00 0.00