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 : November 17, 2003 (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 November 17, 2003 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 November 17, 2003 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: November 17, 2003 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 November 17, 2003 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: 11/17/2003 Record Date: 10/31/2003 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 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 - 18 Specially Serviced Loan Detail 19 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Depositor Wachovia Commercial Mortgage Securities, Inc. 301 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S.Ryan Phone Number: (704) 593-7878 Special Servicer Lend Lease Asset Management, LP 700 N. Pearl Street Suite 1900 Dallas, TX 75201-7424 Contact: Michael O'Hanlon 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 2003, 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 31,314,286.88 397,435.31 A-2 929766BJ1 4.043000% 80,000,000.00 76,947,599.68 255,842.49 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 875,069,992.76 867,275,879.32 653,277.80 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 78,337.91 0.00 0.00 475,773.22 30,916,851.57 22.97% A-2 929766BJ1 259,249.29 0.00 0.00 515,091.78 76,691,757.19 22.97% A-3 929766CR2 326,410.30 0.00 0.00 326,410.30 88,219,000.00 22.97% A-4 929766CS0 1,957,621.40 0.00 0.00 1,957,621.40 471,716,000.00 22.97% B 929766BK8 140,174.74 0.00 0.00 140,174.74 32,815,000.00 19.19% C 929766BL6 47,539.07 0.00 0.00 47,539.07 10,939,000.00 17.92% D 929766BM4 124,989.40 0.00 0.00 124,989.40 28,439,000.00 14.64% E 929766BN2 39,182.60 0.00 0.00 39,182.60 8,751,000.00 13.63% F 929766BP7 52,128.69 0.00 0.00 52,128.69 10,938,000.00 12.37% G 929766BQ5 73,609.29 0.00 0.00 73,609.29 15,314,000.00 10.60% H 929766BR3 66,866.03 0.00 0.00 66,866.03 13,126,000.00 9.09% J 929766BS1 67,573.61 0.00 0.00 67,573.61 16,408,000.00 7.19% K 929766BT9 63,064.04 0.00 0.00 63,064.04 15,313,000.00 5.43% L 929766BU6 18,021.83 0.00 0.00 18,021.83 4,376,000.00 4.92% M 929766BV4 36,039.54 0.00 0.00 36,039.54 8,751,000.00 3.91% N 929766BW2 31,529.96 0.00 0.00 31,529.96 7,656,000.00 3.03% O 929766BX0 25,389.53 0.00 0.00 25,389.53 6,165,000.00 2.32% 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 3,490,456.28 0.00 0.00 4,143,734.08 866,622,601.52 Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount <s> <c> <c> <c> <c> IO-I 929766BY8 0.122564% 875,069,992.76 867,275,879.32 IO-II 929766BZ5 2.005534% 488,120,000.01 488,120,000.00 IO-III 929766CA9 1.585517% 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 88,580.66 0.00 88,580.66 866,622,601.52 IO-II 929766BZ5 815,784.35 0.00 815,784.35 448,598,000.00 IO-III 929766CA9 444,598.87 0.00 444,598.87 336,495,000.00 <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 868.49031728 11.02272326 2.17267334 0.00000000 0.00000000 857.46759402 A-2 929766BJ1 961.84499600 3.19803112 3.24061612 0.00000000 0.00000000 958.64696487 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 4.39499982 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 991.09315426 0.10122694 0.00000000 990.34661077 IO-II 929766BZ5 999.99999998 1.67127827 0.00000000 919.03220518 IO-III 929766CA9 1,000.00000000 1.32126442 0.00000000 1,000.00000000 Reconciliation Detail Advance Summary <s> <c> P & I Advances Outstanding 1,414,098.21 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 Current Period Accrued Servicing Fees 30,562.57 Less Delinquent Servicing Fees 8,057.67 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 10,514.63 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 33,019.53 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 78,337.91 0.00 0.00 78,337.91 0.00 0.00 78,337.91 0.00 A-2 259,249.29 0.00 0.00 259,249.29 0.00 0.00 259,249.29 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 88,580.66 0.00 0.00 88,580.66 0.00 0.00 88,580.66 0.00 IO-II 815,784.35 0.00 0.00 815,784.35 0.00 0.00 815,784.35 0.00 IO-III 444,598.87 0.00 0.00 444,598.87 0.00 0.00 444,598.87 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 0.00 124,989.40 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 75.22 Total 4,839,420.17 0.00 0.00 4,839,420.17 0.00 0.00 4,839,420.16 75.22 Other Required Information <s> <c> Available Distribution Amount (1) 5,492,697.96 Aggregate Number of Outstanding Loans 104 Aggregate Stated Principal Balance of Loans Before Distribution 867,275,879.32 Aggregate Stated Principal Balance of Loans After Distribution 866,622,601.52 Aggregate Unpaid Principal Balance of Loans 866,804,782.58 Aggregate Amount of Servicing Fee 33,019.53 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 2,023.64 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 (1) The Available Distribution Amount includes any Prepayment Premiums. Appraisal Reduction Amount Appraisal Cumulative Date Appraisal Loan Reduction ASER Reduction Number Amount Amount Effected NONE Cash Reconciliation Detail <s> <c> <c> Total Funds Collected Interest: Scheduled Interest 4,872,006.37 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 4,872,006.37 Principal: Scheduled Principal 653,277.80 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 653,277.80 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 5,525,284.17 Total Funds Distributed Fees: Master Servicing Fee 30,562.57 Trustee Fee 2,023.64 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 32,586.21 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 4,839,420.16 Principal Distribution 653,277.80 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 5,492,697.96 Total Funds Distributed 5,525,284.17 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 9,725,895.88 1.12 107 6.7063 1.665294 2,000,001 to 3,000,000 15 37,762,116.79 4.36 117 6.9455 1.540243 3,000,001 to 4,000,000 20 71,166,400.05 8.21 103 6.5102 1.406943 4,000,001 to 5,000,000 3 13,384,104.91 1.54 106 6.7895 1.102309 5,000,001 to 6,000,000 11 58,603,078.28 6.76 110 6.9783 1.567338 6,000,001 to 7,000,000 7 44,483,835.17 5.13 106 6.6613 1.362638 7,000,001 to 8,000,000 8 60,158,886.79 6.94 98 6.2564 1.585806 8,000,001 to 9,000,000 2 17,118,162.15 1.98 107 6.4404 1.434828 9,000,001 to 10,000,000 3 29,007,903.79 3.35 106 6.5514 1.520600 10,000,001 to 15,000,000 17 207,734,173.15 23.97 103 6.4271 1.494855 15,000,001 to 20,000,000 3 46,644,693.64 5.38 107 6.0517 1.314061 20,000,001 to 25,000,000 4 92,623,664.43 10.69 92 6.1984 1.448732 25,000,001 to 30,000,000 1 26,150,542.19 3.02 71 5.6800 1.534779 30,000,001 to 35,000,000 1 34,576,175.44 3.99 105 6.7400 1.350000 35,000,001 to 40,000,000 2 72,482,968.86 8.36 102 7.1560 1.493648 40,000,001 and greater 1 45,000,000.00 5.19 106 6.6250 1.560000 Totals 104 866,622,601.52 100.00 102 6.5236 1.473615 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 7,992,553.31 0.92 44 6.6000 1.220000 Arizona 2 12,633,518.83 1.46 106 6.0251 1.346888 California 29 309,731,892.88 35.74 103 6.6143 1.562015 Colorado 2 9,865,824.74 1.14 107 6.8873 1.344293 Florida 9 66,863,667.95 7.72 107 6.3251 1.460948 Georgia 4 19,597,320.76 2.26 107 6.7752 1.285184 Illinois 5 25,876,416.30 2.99 107 6.3748 1.605539 Maryland 4 94,435,112.08 10.90 103 6.8667 1.346766 Massachusetts 3 12,866,220.06 1.48 106 6.4300 1.611958 Michigan 2 14,947,416.02 1.72 107 6.8676 1.194002 Minnesota 1 5,534,258.71 0.64 105 6.8750 1.490000 Mississippi 1 2,162,012.09 0.25 105 7.2000 1.610000 Missouri 1 2,759,784.59 0.32 107 7.4000 2.490000 Nevada 1 15,026,407.49 1.73 107 5.8500 1.200000 New Hampshire 1 6,027,424.44 0.70 103 7.3700 1.030000 New Mexico 2 6,056,399.13 0.70 158 6.6971 1.632226 North Carolina 2 5,769,346.70 0.67 106 6.5434 1.413126 Ohio 3 8,427,877.07 0.97 171 7.7221 1.825691 Oklahoma 4 13,957,770.17 1.61 107 6.5587 1.638086 Oregon 1 3,677,254.67 0.42 91 7.7500 1.920000 Pennsylvania 2 7,586,262.32 0.88 106 6.4886 1.200744 Rhode Island 1 45,000,000.00 5.19 106 6.6250 1.560000 South Carolina 1 1,502,037.00 0.17 107 6.1900 1.960000 Tennessee 1 1,779,565.77 0.21 106 6.7500 1.540000 Texas 13 56,932,183.24 6.57 100 6.2575 1.386376 Utah 1 3,461,384.98 0.40 107 6.5000 1.370000 Virginia 6 51,334,695.45 5.92 79 6.0640 1.451368 Washington 4 48,644,971.95 5.61 93 5.9210 1.379041 Washington,DC 1 6,173,022.82 0.71 107 6.0000 1.070000 Totals 108 866,622,601.52 100.00 102 6.5236 1.473615 <Table> 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 12 61,573,212.57 7.10 103 6.6648 0.984067 1.20 to 1.24 4 46,801,881.82 5.40 96 6.0898 1.222207 1.25 to 1.29 7 57,607,018.76 6.65 106 6.4810 1.269815 1.30 to 1.34 12 114,400,771.09 13.20 94 6.5580 1.316521 1.35 to 1.39 10 69,584,260.11 8.03 106 6.6959 1.357468 1.40 to 1.44 5 36,530,683.48 4.22 106 6.7078 1.415228 1.45 to 1.49 9 99,434,318.85 11.47 106 6.4294 1.472068 1.50 to 1.54 8 103,507,634.77 11.94 98 6.2338 1.517219 1.55 to 1.59 7 91,137,272.68 10.52 106 6.5123 1.564336 1.60 to 1.64 2 9,220,092.09 1.06 107 6.1283 1.617655 1.65 to 1.69 4 48,551,084.84 5.60 98 6.9438 1.654414 1.70 to 1.74 2 8,268,216.89 0.95 140 7.0693 1.740000 1.75 to 1.79 2 14,935,309.71 1.72 107 6.2288 1.779844 1.80 to 1.89 7 40,038,030.74 4.62 87 6.3696 1.828000 1.90 to 1.99 7 37,099,431.12 4.28 105 6.6747 1.942551 2.0 to 2.2 2 15,202,143.04 1.75 142 6.9361 2.060000 2.2 or greater 4 12,731,238.96 1.47 107 7.2510 2.402491 Totals 104 866,622,601.52 100.00 102 6.5236 1.473615 </Table> 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 14,636,471.67 1.69 144 6.8571 1.863847 Lodging 10 48,542,640.04 5.60 107 7.4000 1.638061 Mixed Use 2 6,662,012.09 0.77 107 6.4772 1.407359 Mobile Home Park 1 5,133,518.83 0.59 105 6.5000 1.430000 Multi-Family 30 200,564,832.76 23.14 94 6.3659 1.327734 Office 22 201,254,582.98 23.22 97 6.2414 1.581385 Retail 40 389,828,543.15 44.98 107 6.6299 1.459609 Totals 108 866,622,601.52 100.00 102 6.5236 1.473615 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 11 128,988,239.19 14.88 84 5.8209 1.503225 6.000% to 6.249% 16 136,761,022.81 15.78 104 6.0671 1.437674 6.250% to 6.499% 20 143,387,889.72 16.55 105 6.3646 1.455677 6.500% to 6.749% 19 208,462,864.46 24.05 105 6.6136 1.449353 6.750% to 6.999% 10 59,949,465.39 6.92 105 6.8046 1.467597 7.700% to 7.249% 11 106,158,720.82 12.25 103 7.1338 1.472241 7.250% to 7.499% 14 71,640,002.54 8.27 110 7.3748 1.544289 7.500% or greater 3 11,274,396.59 1.30 149 7.8142 1.843394 Totals 104 866,622,601.52 100.00 102 6.5236 1.473615 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 4 33,407,809.75 3.85 108 6.3879 1.563433 13 to 24 months 99 829,537,537.10 95.72 102 6.5237 1.468019 25 to 36 months 1 3,677,254.67 0.42 91 7.7500 1.920000 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 104 866,622,601.52 100.00 102 6.5236 1.473615 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 43,568,883.23 5.03 46 6.0492 1.335189 61 to 84 months 1 26,150,542.19 3.02 71 5.6800 1.534779 85 to 108 months 94 773,871,386.36 89.30 106 6.5762 1.469501 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 100 843,590,811.78 97.34 102 6.5212 1.464588 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 1.48 57 5.9700 1.830000 193 to 264 months 3 10,231,789.74 1.18 218 7.4154 1.771986 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 23,031,789.74 2.66 128 6.6121 1.804228 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 8 109,550,092.22 12.64 93 6.3088 1.485561 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 5,490,187.08 0.63 106 6.5541 1.294147 265 to 336 months 17 87,610,295.18 10.11 106 7.0080 1.655284 337 months or greater 73 640,940,237.30 73.96 102 6.4907 1.436397 Totals 100 843,590,811.78 97.34 102 6.5212 1.464588 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 10 82,792,405.38 9.55 95 6.2416 1.435645 1 year or less 94 783,830,196.14 90.45 103 6.5534 1.477625 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 104 866,622,601.52 100.00 102 6.5236 1.473615 <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 256,718.75 0.00 6.625% 567000002 2 RT Valencia CA 229,973.31 24,572.27 7.200% 567000003 3 MF Randallstown MD 216,983.01 25,191.29 7.110% 567000004 4 RT Gaithersburg MD 200,826.89 25,949.84 6.740% 567000005 5 OF Tacoma WA 128,029.64 25,440.78 5.680% 502697602 6 RT Northridge CA 134,615.52 18,266.51 6.575% 567000007 7 MF Ashburn VA 119,866.67 0.00 5.800% 567000008 8 RT Laguna Niguel CA 124,830.42 18,584.45 6.370% 502747318 9 RT Encinitas CA 115,378.28 19,641.95 6.050% 567000010 10 RT Puyallup WA 87,259.51 14,547.62 6.100% 502745110 11 MF Las Vegas NV 75,766.17 14,022.84 5.850% 502751714 12 RT Paso Robles CA 80,262.70 12,832.58 6.200% 502743125 13 MF Temple Terrace FL 79,588.72 12,461.00 6.250% 567000014 14 MF Houston TX 74,060.48 12,874.35 6.000% 567000015 15 OF Culver City CA 70,980.24 19,060.88 6.000% 502730612 16 RT Calabasas CA 74,082.83 11,492.81 6.290% 502738711 17 OF Santa Monica CA 76,560.58 10,791.22 6.500% 567000018 18 OF Bakersfield CA 65,802.67 0.00 5.970% 502741911 19 MF Houston TX 71,825.83 9,619.66 6.640% 567000020 20 OF Sparks MD 71,980.62 8,823.58 6.640% 502746413 21 OF Pembroke Pines FL 62,798.92 11,147.20 5.950% 502741906 22 OF Rockville MD 69,009.46 8,822.31 6.750% 502742425 23 LO Long Beach CA 72,932.83 12,037.04 7.400% 502746414 24 OF Palm Beach Garden FL 57,734.49 10,248.24 5.950% 567000025 25 RT Rancho Santa Marga CA 64,846.74 8,168.88 6.800% 667000026 26 OF Studio City CA 60,561.94 0.00 6.500% 502740918 27 RT Bloomfield Hills MI 60,806.55 8,044.18 6.650% 502742435 28 OF Maitland FL 56,470.07 8,227.04 6.440% 567000029 29 RT Rancho Santa Marga CA 60,528.28 7,307.53 6.900% 502746821 30 RT Harrisonburg VA 51,853.78 8,681.12 6.090% 667000031 31 RT Newark CA 61,346.70 6,248.99 7.310% 502745001 32 RT Newnan GA 50,574.77 7,918.36 6.250% 667000033 33 OF North Hollywood CA 49,469.34 7,121.16 6.450% 502742918 34 MF Elgin IL 45,542.69 6,662.94 6.430% 567000035 35 MF Huntsville AL 45,459.99 6,271.37 6.600% 502741213 36 RT Lawndale CA 43,283.00 6,686.67 6.300% 502746707 37 OF Irving TX 39,326.72 7,278.61 5.850% 502750138 38 MF Scottsdale AZ 36,812.50 0.00 5.700% 502742432 39 LO Costa Mesa CA 47,154.84 7,782.58 7.400% 502737611 40 OF Charlottesville VA 39,883.38 5,971.06 6.375% 502745707 41 RT Lake Bluff IL 37,157.93 6,459.37 6.000% 502746706 42 OF Irving TX 35,284.49 6,668.35 5.800% 567000043 43 IN Tustin CA 35,959.94 9,656.60 6.000% 502742917 44 MF Westfield MA 38,098.21 5,573.81 6.430% 502741917 45 RT North Lauderdale FL 36,839.33 4,670.95 6.750% 502746419 46 MF Washington DC 31,922.62 5,549.29 6.000% 502731815 47 RT Woodland Hills CA 36,715.41 4,247.26 7.000% 567000048 48 RT Woodland Hills CA 37,562.97 3,925.73 7.220% 567000049 49 RT Nashua NH 38,276.71 3,833.69 7.370% 502745312 50 OF San Jose CA 36,065.35 6,836.15 7.000% 502742415 51 LO Boulder CO 37,723.88 6,226.05 7.400% 567000052 52 RT Bloomington MN 32,787.27 4,000.75 6.875% 502744711 53 OF Los Angeles CA 27,708.84 4,816.78 6.000% 502742424 54 LO Lombard Il 33,951.49 5,603.45 7.400% 502742915 55 MF Modesto CA 28,902.09 4,228.41 6.430% 567000056 56 MH Mesa AZ 28,756.46 4,111.08 6.500% 567000057 57 IN Maumee OH 34,437.60 9,354.58 7.940% 667000058 58 OF Oklahoma City OK 28,322.43 3,992.05 6.500% 502742412 59 LO Atlanta GA 32,065.29 5,292.15 7.400% 567000060 60 OF Lakewood CA 31,780.41 3,253.05 7.320% 567000061 61 MF San Bernardino CA 26,881.84 3,372.79 6.860% 502745217 62 MU Boca Raton FL 23,753.75 0.00 6.130% 502742428 63 LO Southfield MI 27,664.18 4,565.77 7.400% 502742513 64 MF Chicago IL 19,805.56 0.00 5.750% 567000065 65 OF Denver CO 20,845.20 3,446.29 6.120% 502735512 66 OF Cranberry Township PA 22,380.00 3,087.14 6.570% 502731814 67 RT Chesapeake VA 21,964.73 3,186.60 6.450% 502742916 68 MF Sacramento CA 21,895.52 3,203.34 6.430% 567000069 69 MF Grand Prairie TX 22,497.99 4,886.41 6.650% 265950523 70 RT Eugene OR 24,555.98 2,309.48 7.750% 502737007 71 RT Greenville NC 20,573.78 7,296.33 6.630% 502742908 72 RT Kennett Square PA 20,041.07 2,946.27 6.400% 567000073 73 MF Dallas TX 20,062.56 2,888.03 6.450% 567000074 74 MF Tacoma WA 18,642.81 3,240.79 6.000% 502741915 75 RT Taylorsville UT 19,389.44 2,732.94 6.500% 502742919 76 MF Westfield MA 18,830.15 2,754.87 6.430% 667000077 77 OF Oklahoma City OK 18,835.45 2,654.86 6.500% 502737613 78 RT Oklahoma City OK 19,061.38 2,452.62 6.750% 567000079 79 MF Victorville CA 17,425.45 2,786.03 6.200% 567000080 80 RT Grottoes VA 18,454.42 2,493.59 6.600% 502735505 81 RT Beaumont TX 19,581.59 2,096.32 7.180% 502740927 82 RT Santa Fe NM 18,287.51 2,337.91 6.750% 502737423 83 RT Newport News VA 16,159.97 2,530.13 6.250% 502742413 84 LO Smyrna GA 18,861.94 3,113.03 7.400% 567000085 85 RT Los Lunas NM 16,691.16 6,669.77 6.640% 567000086 86 RT Rancho Santa Marga CA 17,305.07 1,988.70 7.000% 502742429 87 LO Chesterfield MO 17,604.48 2,905.49 7.400% 502722602 88 IN Pembroke Pines FL 16,158.88 3,010.37 7.050% 567000089 89 MF El Paso TX 13,940.36 2,228.82 6.200% 502742913 90 MF Amherst MA 14,368.94 2,102.19 6.430% 567000091 91 MF Pompano Beach FL 16,960.05 1,505.23 7.660% 667000092 92 RT Santa Maria CA 14,676.64 1,581.80 7.180% 502736106 93 RT Holly Hill FL 14,162.59 1,638.34 7.000% 567000094 94 RT Lynnwood WA 14,335.63 4,389.44 7.250% 667000095 95 OF Oklahoma City OK 12,672.38 1,786.18 6.500% 567000096 96 RT Dalton GA 12,939.27 1,654.19 6.750% 502745918 97 RT Sylva NC 11,985.45 1,775.68 6.400% 567000098 98 MU Ridgeland MS 13,419.43 2,411.53 7.200% 502742417 99 LO Sharonville OH 12,574.62 2,075.36 7.400% 502741016 100 RT Odessa TX 10,475.35 3,960.19 6.410% 667000101 101 MF Lewisburg TN 10,351.42 1,323.35 6.750% 567000102 102 MF Greenville SC 8,013.13 1,286.54 6.190% 502742419 103 LO Dayton OH 9,116.60 1,504.63 7.400% 502741109 104 MF Chicago IL 5,694.10 0.00 5.750% Totals 4,872,006.37 653,277.80 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 11/01/2003 567000002 N/A 07/11/2012 N 37,092,468.95 37,067,896.68 10/11/2003 567000003 N/A 02/11/2012 N 35,440,263.47 35,415,072.18 11/11/2003 567000004 N/A 08/08/2012 N 34,602,125.28 34,576,175.44 11/08/2003 567000005 10/11/2009 09/11/2016 N 26,175,982.97 26,150,542.19 11/11/2003 502697602 N/A 11/01/2012 N 23,776,076.26 23,757,809.75 11/01/2003 567000007 N/A 10/11/2007 N 24,000,000.00 24,000,000.00 11/11/2003 567000008 N/A 10/11/2012 N 22,757,356.61 22,738,772.16 10/11/2003 502747318 10/11/2012 10/11/2032 N 22,146,724.47 22,127,082.52 10/11/2003 567000010 10/11/2012 10/11/2032 N 16,612,070.04 16,597,522.42 11/11/2003 502745110 N/A 10/11/2012 N 15,040,430.33 15,026,407.49 11/11/2003 502751714 N/A 10/11/2012 N 15,033,596.31 15,020,763.73 11/11/2003 502743125 N/A 10/11/2012 N 14,788,098.07 14,775,637.07 11/11/2003 567000014 N/A 10/11/2012 N 14,334,287.31 14,321,412.96 11/11/2003 567000015 N/A 10/11/2012 N 13,738,111.39 13,719,050.51 11/11/2003 502730612 N/A 09/11/2012 N 13,677,530.69 13,666,037.88 10/11/2003 502738711 N/A 10/11/2012 N 13,678,316.96 13,667,525.74 10/11/2003 567000018 08/01/2008 05/01/2014 N 12,800,000.00 12,800,000.00 11/01/2003 502741911 N/A 09/01/2012 N 12,561,842.70 12,552,223.04 11/01/2003 567000020 N/A 09/01/2012 N 12,588,915.80 12,580,092.22 11/01/2003 502746413 N/A 10/11/2012 N 12,256,769.54 12,245,622.34 11/11/2003 502741906 N/A 09/01/2012 N 11,872,594.55 11,863,772.24 11/01/2003 502742425 N/A 10/11/2012 N 11,445,430.45 11,433,393.41 10/11/2003 502746414 N/A 10/11/2012 N 11,268,320.31 11,258,072.07 11/11/2003 567000025 N/A 08/11/2012 N 11,074,395.77 11,066,226.89 11/11/2003 667000026 N/A 09/01/2012 N 10,820,000.00 10,820,000.00 11/01/2003 502740918 N/A 10/01/2012 N 10,618,655.80 10,610,611.62 11/01/2003 502742435 N/A 09/01/2012 N 10,182,941.91 10,174,714.87 11/01/2003 567000029 N/A 08/11/2012 N 10,187,087.82 10,179,780.29 11/11/2003 502746821 10/11/2012 10/11/2032 N 9,887,896.41 9,879,215.29 11/11/2003 667000031 N/A 07/01/2012 N 9,745,736.62 9,739,487.63 11/01/2003 502745001 N/A 10/01/2012 N 9,397,119.23 9,389,200.87 11/01/2003 667000033 N/A 10/01/2012 N 8,906,707.36 8,899,586.20 10/01/2003 502742918 N/A 09/01/2012 N 8,225,238.89 8,218,575.95 11/01/2003 567000035 N/A 07/11/2007 N 7,998,824.68 7,992,553.31 11/11/2003 502741213 N/A 09/01/2012 N 7,978,433.69 7,971,747.02 11/01/2003 502746707 N/A 10/11/2012 N 7,806,793.71 7,799,515.10 11/11/2003 502750138 N/A 10/11/2012 N 7,500,000.00 7,500,000.00 11/11/2003 502742432 N/A 10/11/2012 N 7,400,062.73 7,392,280.15 10/11/2003 502737611 N/A 09/01/2012 N 7,265,283.67 7,259,312.61 11/01/2003 502745707 N/A 10/11/2012 N 7,191,857.97 7,185,398.60 10/11/2003 502746706 N/A 10/11/2012 N 7,064,748.35 7,058,080.00 11/11/2003 567000043 N/A 10/11/2012 N 6,959,987.71 6,950,331.11 11/11/2003 502742917 N/A 09/01/2012 N 6,880,728.63 6,875,154.82 11/01/2003 502741917 N/A 10/01/2012 N 6,337,949.83 6,333,278.88 11/01/2003 502746419 N/A 10/11/2012 N 6,178,572.11 6,173,022.82 11/11/2003 502731815 N/A 08/01/2012 N 6,091,035.52 6,086,788.26 11/01/2003 567000048 N/A 09/11/2012 N 6,041,760.57 6,037,834.84 11/11/2003 567000049 06/11/2012 06/11/2032 N 6,031,258.13 6,027,424.44 10/11/2003 502745312 N/A 10/01/2012 N 5,983,190.96 5,976,354.81 11/01/2003 502742415 N/A 10/11/2012 N 5,920,050.25 5,913,824.20 10/11/2003 567000052 N/A 08/01/2012 N 5,538,259.46 5,534,258.71 11/01/2003 502744711 N/A 10/11/2007 N 5,363,000.57 5,358,183.79 10/11/2003 502742424 N/A 10/11/2012 N 5,328,045.20 5,322,441.75 10/11/2003 502742915 N/A 09/01/2012 N 5,219,863.08 5,215,634.67 11/01/2003 567000056 N/A 08/11/2012 N 5,137,629.91 5,133,518.83 11/11/2003 567000057 N/A 10/11/2021 N 5,036,782.75 5,027,428.17 11/11/2003 667000058 N/A 10/11/2012 N 5,060,086.47 5,056,094.42 10/11/2003 502742412 N/A 10/11/2012 N 5,032,042.73 5,026,750.58 10/11/2003 567000060 06/11/2012 06/11/2032 N 5,041,841.40 5,038,588.35 11/11/2003 567000061 N/A 05/11/2012 N 4,550,673.30 4,547,300.51 11/11/2003 502745217 N/A 11/11/2012 N 4,500,000.00 4,500,000.00 11/11/2003 502742428 N/A 10/11/2012 N 4,341,370.17 4,336,804.40 10/11/2003 502742513 N/A 11/11/2012 N 4,000,000.00 4,000,000.00 10/11/2003 567000065 N/A 10/11/2012 N 3,955,446.83 3,952,000.54 11/11/2003 502735512 N/A 09/01/2012 N 3,955,811.58 3,952,724.44 11/01/2003 502731814 N/A 09/01/2012 N 3,954,639.26 3,951,452.66 11/01/2003 502742916 N/A 09/01/2012 N 3,954,441.78 3,951,238.44 11/01/2003 567000069 N/A 08/11/2012 N 3,928,825.97 3,923,939.56 11/11/2003 265950523 N/A 06/01/2011 N 3,679,564.15 3,677,254.67 11/01/2003 502737007 N/A 09/01/2012 N 3,603,639.20 3,596,342.87 11/01/2003 502742908 10/01/2012 10/01/2032 N 3,636,484.15 3,633,537.88 11/01/2003 567000073 N/A 10/11/2007 N 3,612,164.69 3,609,276.66 10/11/2003 567000074 N/A 10/11/2012 N 3,608,286.05 3,605,045.26 10/11/2003 502741915 10/11/2012 10/11/2032 N 3,464,117.92 3,461,384.98 11/11/2003 502742919 N/A 09/01/2012 N 3,400,819.92 3,398,065.05 11/01/2003 667000077 N/A 10/11/2012 N 3,365,143.13 3,362,488.27 10/11/2003 502737613 08/01/2012 08/01/2032 N 3,279,377.83 3,276,925.21 11/01/2003 567000079 N/A 10/11/2012 N 3,263,872.82 3,261,086.79 11/11/2003 567000080 N/A 10/11/2012 N 3,247,111.80 3,244,618.21 11/11/2003 502735505 08/01/2012 08/01/2032 N 3,167,118.56 3,165,022.24 11/01/2003 502740927 09/01/2012 09/01/2032 N 3,146,237.55 3,143,899.64 11/01/2003 502737423 10/11/2012 10/11/2032 N 3,002,626.81 3,000,096.68 10/11/2003 502742413 N/A 10/11/2012 N 2,960,025.09 2,956,912.06 10/11/2003 567000085 N/A 10/11/2021 N 2,919,169.26 2,912,499.49 10/11/2003 567000086 N/A 09/11/2012 N 2,870,887.68 2,868,898.98 11/11/2003 502742429 N/A 10/11/2012 N 2,762,690.08 2,759,784.59 10/11/2003 502722602 N/A 10/01/2012 N 2,661,722.76 2,658,712.39 11/01/2003 567000089 N/A 10/11/2007 N 2,611,098.29 2,608,869.47 11/11/2003 502742913 N/A 09/01/2012 N 2,595,102.38 2,593,000.19 11/01/2003 567000091 N/A 05/11/2012 N 2,571,218.98 2,569,713.75 11/11/2003 667000092 07/01/2012 07/01/2032 N 2,373,793.57 2,372,211.77 11/01/2003 502736106 08/01/2012 08/01/2032 N 2,349,554.92 2,347,916.58 11/01/2003 567000094 N/A 10/11/2022 N 2,296,251.52 2,291,862.08 11/11/2003 667000095 N/A 10/11/2012 N 2,264,048.45 2,262,262.27 10/11/2003 567000096 N/A 09/01/2012 N 2,226,111.44 2,224,457.25 11/01/2003 502745918 N/A 09/11/2012 N 2,174,779.51 2,173,003.83 11/11/2003 567000098 N/A 08/01/2012 N 2,164,423.62 2,162,012.09 11/01/2003 502742417 N/A 10/11/2012 N 1,973,350.04 1,971,274.68 10/11/2003 502741016 09/01/2012 09/01/2032 N 1,897,804.40 1,893,844.21 11/01/2003 667000101 N/A 09/01/2012 N 1,780,889.12 1,779,565.77 11/01/2003 567000102 N/A 10/11/2012 N 1,503,323.54 1,502,037.00 11/11/2003 502742419 N/A 10/11/2012 N 1,430,678.85 1,429,174.22 10/11/2003 502741109 N/A 11/11/2012 N 1,150,000.00 1,150,000.00 10/11/2003 Totals 867,275,879.32 866,622,601.52 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 11/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 10/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 08/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 07/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 06/16/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 05/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 04/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 03/17/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 02/18/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 01/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 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 11/17/2003 0 $0.00 0 $0.00 10/15/2003 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00 08/15/2003 0 $0.00 0 $0.00 07/15/2003 0 $0.00 0 $0.00 06/16/2003 0 $0.00 0 $0.00 05/15/2003 0 $0.00 0 $0.00 04/15/2003 0 $0.00 0 $0.00 03/17/2003 0 $0.00 0 $0.00 02/18/2003 0 $0.00 0 $0.00 01/15/2003 0 $0.00 0 $0.00 12/16/2002 0 $0.00 0 $0.00 Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 11/17/2003 6.523642% 6.478554% 102 10/15/2003 6.523661% 6.478573% 103 09/15/2003 6.523692% 6.478605% 104 08/15/2003 6.523710% 6.478623% 105 07/15/2003 6.523726% 6.478640% 106 06/16/2003 6.523755% 6.478670% 107 05/15/2003 6.523772% 6.478686% 108 04/15/2003 6.523800% 6.478715% 109 03/17/2003 6.523815% 6.478731% 110 02/18/2003 6.523868% 6.478784% 111 01/15/2003 6.523882% 6.478799% 112 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 10/11/2003 253,309.16 253,309.16 A 567000008 8 0 10/11/2003 142,656.29 142,656.29 A 502747318 9 0 10/11/2003 134,282.01 134,282.01 A 502730612 16 0 10/11/2003 85,119.72 85,119.72 A 502738711 17 0 10/11/2003 86,895.86 86,895.86 A 502742425 23 0 10/11/2003 84,588.35 84,588.35 A 667000033 33 0 10/01/2003 55,922.50 55,922.50 A 502742432 39 0 10/11/2003 54,690.76 54,690.76 A 502745707 41 0 10/11/2003 43,377.58 43,377.58 A 567000049 49 0 10/11/2003 41,909.36 41,909.36 A 502742415 51 0 10/11/2003 43,752.59 43,752.59 A 502744711 53 0 10/11/2003 32,346.85 32,346.85 A 502742424 54 0 10/11/2003 39,377.34 39,377.34 A 667000058 58 0 10/11/2003 31,934.97 31,934.97 A 502742412 59 0 10/11/2003 37,189.70 37,189.70 A 502742428 63 0 10/11/2003 32,085.23 32,085.23 A 502742513 64 0 10/11/2003 19,672.22 19,672.22 A 567000073 73 0 10/11/2003 22,830.19 22,830.19 A 567000074 74 0 10/11/2003 21,763.32 21,763.32 A 667000077 77 0 10/11/2003 21,181.84 21,181.84 A 502737423 83 0 10/11/2003 18,590.01 18,590.01 A 502742413 84 0 10/11/2003 21,876.31 21,876.31 A 567000085 85 0 10/11/2003 23,263.63 23,263.63 A 502742429 87 0 10/11/2003 20,417.89 20,417.89 A 667000095 95 0 10/11/2003 14,251.02 14,251.02 A 502742417 99 0 10/11/2003 14,584.20 14,584.20 A 502742419 103 0 10/11/2003 10,573.55 10,573.55 A 502741109 104 0 10/11/2003 5,655.76 5,655.76 A Totals 28 1,414,098.21 1,414,098.21 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 37,092,468.95 0.00 567000008 22,757,356.61 0.00 502747318 22,146,724.47 0.00 502730612 13,677,530.69 0.00 502738711 13,678,316.96 0.00 502742425 11,445,430.45 0.00 667000033 8,906,707.36 0.00 502742432 7,400,062.73 0.00 502745707 7,191,857.97 0.00 567000049 6,031,258.13 0.00 502742415 5,920,050.25 0.00 502744711 5,363,000.57 0.00 502742424 5,328,045.20 0.00 667000058 5,060,086.47 0.00 502742412 5,032,042.73 0.00 502742428 4,341,370.17 0.00 502742513 4,000,000.00 0.00 567000073 3,612,164.69 0.00 567000074 3,608,286.05 0.00 667000077 3,365,143.13 0.00 502737423 3,002,626.81 0.00 502742413 2,960,025.09 0.00 567000085 2,919,169.26 0.00 502742429 2,762,690.08 0.00 667000095 2,264,048.45 0.00 502742417 1,973,350.04 0.00 502742419 1,430,678.85 0.00 502741109 1,150,000.00 0.00 Totals 214,420,492.16 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 (28 loans) 1,414,098.21 1,414,098.21 214,420,492.16 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