UNITED STATES
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 15, 2004
(Date of earliest event reported)
Commission File No.: 333-83930-05
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2003-C5
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
54-6553627
54-2120456
54-2120457
54-2120458
(I.R.S. Employer Identification No.)
c/o Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, MD 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)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On December 15, 2004, a distribution was made to holders of Wachovia
Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through
Certificates, Series 2003-C5.
ITEM 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 2003-C5, relating to the
December 15, 2004 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 2003-C5
(Registrant)
By: Wells Fargo Bank, N.A. as Trustee
By: /s/ Beth Belfield, Assistant Vice President
By: Beth Belfield, Assistant Vice President
Date: December 15, 2004
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial
Mortgage Pass-Through Certificates, Series 2003-C5,
relating to the December 15, 2004 distribution.
Wells Fargo Bank, N.A.
Corporate Trust Services
9062 Old Annapolis Road
Columbia, MD 21045-1951
Wachovia Commercial Mortgage Securities, Inc.
Commercial Mortgage Pass-Through Certificates
Series 2003-C5
For Additional Information, please contact
CTSLink Customer Service
(301) 815-6600
Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
Payment Date: December 15, 2004
Record Date: November 30, 2004
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 - 16
Mortgage Loan Detail 17 - 21
Principal Prepayment Detail 22
Historical Detail 23
Delinquency Loan Detail 24 - 26
Specially Serviced Loan Detail 27 - 28
Modified Loan Detail 29
Liquidated Loan Detail 30
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
Lennar Partners, Inc.
760 N.W. 107th Avenue
Miami, FL 33172
Contact: Steve Bruha
Phone Number: (305) 229-6614
This report has been compiled from information provided to
Wells Fargo Bank, N.A. by various third parties, which
may include the Servicer, Master Servicer, Special Servicer and others.
Wells Fargo Bank, 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, N.A. expressly disclaims
any responsibility for the accuracy or completeness of information
furnished by third parties.
Copyright 2004, Wells Fargo Bank, N.A.
Certificate Distribution Detail
Class CUSIP Pass-Through Original Beginning Principal Interest
Rate Balance Balance Distribution Distribution
<s> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 2.986000% 226,000,000.00 212,690,029.16 944,647.17 529,243.69
A-2 929766GS6 3.989000% 439,721,000.00 439,721,000.00 0.00 1,461,705.89
A1-A 929766GZ0 3.812000% 301,015,000.00 296,069,597.79 348,298.82 940,514.42
B 929766GT4 4.107000% 40,531,000.00 40,531,000.00 0.00 138,717.35
C 929766GU1 4.139000% 15,011,000.00 15,011,000.00 0.00 51,775.44
D 929766HB2 4.168000% 31,524,000.00 31,524,000.00 0.00 109,493.36
E 929766HD8 4.228000% 10,508,000.00 10,508,000.00 0.00 37,023.19
F 929766HF3 4.535000% 16,513,000.00 16,513,000.00 0.00 62,405.38
G 929766HH9 4.634000% 19,515,000.00 19,515,000.00 0.00 75,360.43
H 929766HK2 5.178000% 19,515,000.00 19,515,000.00 0.00 84,207.23
J 929766HM8 4.298000% 22,517,000.00 22,517,000.00 0.00 80,648.39
K 929766HP1 4.298000% 12,009,000.00 12,009,000.00 0.00 43,012.24
L 929766HR7 4.298000% 6,005,000.00 6,005,000.00 0.00 21,507.91
M 929766HT3 4.298000% 6,004,000.00 6,004,000.00 0.00 21,504.33
N 929766HV8 4.298000% 6,005,000.00 6,005,000.00 0.00 21,507.91
O 929766HX4 4.298000% 4,503,000.00 4,503,000.00 0.00 16,128.25
P 929766HZ9 4.298000% 24,018,922.87 24,018,922.87 0.00 85,125.84
R-I N/A 0.000000% 0.00 0.00 0.00 0.00
R-II N/A 0.000000% 0.00 0.00 0.00 0.00
Totals 1,200,914,922.87 1,182,659,549.82 1,292,945.99 3,779,881.25
Class CUSIP Prepayment Realized Loss/ Total Ending Current
Penalties Additional Trust Distribution Balance Subordination
Fund Expenses Level (1)
<s> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 0.00 0.00 1,473,890.86 211,745,381.99 19.82%
A-2 929766GS6 0.00 0.00 1,461,705.89 439,721,000.00 19.82%
A1-A 929766GZ0 0.00 0.00 1,288,813.24 295,721,298.97 19.82%
B 929766GT4 0.00 0.00 138,717.35 40,531,000.00 16.39%
C 929766GU1 0.00 0.00 51,775.44 15,011,000.00 15.12%
D 929766HB2 0.00 0.00 109,493.36 31,524,000.00 12.45%
E 929766HD8 0.00 0.00 37,023.19 10,508,000.00 11.56%
F 929766HF3 0.00 0.00 62,405.38 16,513,000.00 10.17%
G 929766HH9 0.00 0.00 75,360.43 19,515,000.00 8.51%
H 929766HK2 0.00 0.00 84,207.23 19,515,000.00 6.86%
J 929766HM8 0.00 0.00 80,648.39 22,517,000.00 4.96%
K 929766HP1 0.00 0.00 43,012.24 12,009,000.00 3.94%
L 929766HR7 0.00 0.00 21,507.91 6,005,000.00 3.43%
M 929766HT3 0.00 0.00 21,504.33 6,004,000.00 2.92%
N 929766HV8 0.00 0.00 21,507.91 6,005,000.00 2.41%
O 929766HX4 0.00 0.00 16,128.25 4,503,000.00 2.03%
P 929766HZ9 0.00 0.00 85,125.84 24,018,922.87 0.00%
R-I N/A 0.00 0.00 0.00 0.00 0.00%
R-II N/A 0.00 0.00 0.00 0.00 0.00%
Totals 0.00 0.00 5,072,827.24 1,181,366,603.83
Class CUSIP Pass-Through Original Beginning Interest
Rate Notional Notional Distribution
Amount Amount
<s> <c> <c> <c> <c> <c>
XC 929766GV9 0.114076% 1,200,914,922.87 1,182,659,549.82 112,428.00
XP 929766GX5 1.717900% 1,154,968,000.00 1,121,446,000.00 1,605,443.62
Class CUSIP Prepayment Total Ending
Penalties Distribution Notional
Amount
<s> <c> <c> <c> <c>
XC 929766GV9 0.00 112,428.00 1,181,366,603.83
XP 929766GX5 0.00 1,605,443.62 1,121,446,000.00
<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
Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending
Balance Distribution Distribution Penalties Additional Balance
Trust Fund
Expenses
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 941.10632372 4.17985473 2.34178624 0.00000000 0.00000000 936.92646898
A-2 929766GS6 1,000.00000000 0.00000000 3.32416666 0.00000000 0.00000000 1,000.00000000
A1-A 929766GZ0 983.57091105 1.15708128 3.12447692 0.00000000 0.00000000 982.41382978
B 929766GT4 1,000.00000000 0.00000000 3.42250006 0.00000000 0.00000000 1,000.00000000
C 929766GU1 1,000.00000000 0.00000000 3.44916661 0.00000000 0.00000000 1,000.00000000
D 929766HB2 1,000.00000000 0.00000000 3.47333333 0.00000000 0.00000000 1,000.00000000
E 929766HD8 1,000.00000000 0.00000000 3.52333365 0.00000000 0.00000000 1,000.00000000
F 929766HF3 1,000.00000000 0.00000000 3.77916672 0.00000000 0.00000000 1,000.00000000
G 929766HH9 1,000.00000000 0.00000000 3.86166692 0.00000000 0.00000000 1,000.00000000
H 929766HK2 1,000.00000000 0.00000000 4.31500026 0.00000000 0.00000000 1,000.00000000
J 929766HM8 1,000.00000000 0.00000000 3.58166674 0.00000000 0.00000000 1,000.00000000
K 929766HP1 1,000.00000000 0.00000000 3.58166708 0.00000000 0.00000000 1,000.00000000
L 929766HR7 1,000.00000000 0.00000000 3.58166694 0.00000000 0.00000000 1,000.00000000
M 929766HT3 1,000.00000000 0.00000000 3.58166722 0.00000000 0.00000000 1,000.00000000
N 929766HV8 1,000.00000000 0.00000000 3.58166694 0.00000000 0.00000000 1,000.00000000
O 929766HX4 1,000.00000000 0.00000000 3.58166778 0.00000000 0.00000000 1,000.00000000
P 929766HZ9 1,000.00000000 0.00000000 3.54411563 0.00000000 0.00000000 1,000.00000000
R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Class CUSIP Beginning Interest Prepayment Ending
Notional Distribution Penalties Notional
Amount Amount
<s> <c> <c> <c> <c> <c>
XC 929766GV9 984.79877908 0.09361862 0.00000000 983.72214495
XP 929766GX5 970.97581924 1.39003299 0.00000000 970.97581924
Reconciliation Detail
Advance Summary
<s> <c>
P & I Advances Outstanding 3,445,902.79
Servicing Advances Outstanding 0.00
Reimbursement for Interest on P & I Advances 0.00
paid from general collections
Reimbursement for Interest on Servicing 0.00
Advances paid from general collections
Aggregate amount of Nonrecoverable Advances 0.00
Servicing Fee Summary
<s> <c>
Current Period Accrued Servicing Fees 45,860.68
Less Delinquent Servicing Fees 20,758.20
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 22,369.76
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 47,472.24
Certificate Interest Reconciliation
Class Accrued Net Aggregate Deferred Distributable Distributable
Certificate Prepayment Interest Certificate Certificate
Interest Interest Amount Interest Interest
Shortfall Adjustment
<s> <c> <c> <c> <c> <c>
A-1 529,243.69 0.00 0.00 529,243.69 0.00
A-2 1,461,705.89 0.00 0.00 1,461,705.89 0.00
A1-A 940,514.42 0.00 0.00 940,514.42 0.00
XC 112,428.00 0.00 0.00 112,428.00 0.00
XP 1,605,443.62 0.00 0.00 1,605,443.62 0.00
B 138,717.35 0.00 0.00 138,717.35 0.00
C 51,775.44 0.00 0.00 51,775.44 0.00
D 109,493.36 0.00 0.00 109,493.36 0.00
E 37,023.19 0.00 0.00 37,023.19 0.00
F 62,405.38 0.00 0.00 62,405.38 0.00
G 75,360.43 0.00 0.00 75,360.43 0.00
H 84,207.23 0.00 0.00 84,207.23 0.00
J 80,648.39 0.00 0.00 80,648.39 0.00
K 43,012.24 0.00 0.00 43,012.24 0.00
L 21,507.91 0.00 0.00 21,507.91 0.00
M 21,504.33 0.00 0.00 21,504.33 0.00
N 21,507.91 0.00 0.00 21,507.91 0.00
O 16,128.25 0.00 0.00 16,128.25 0.00
P 86,027.78 0.00 0.00 86,027.78 0.00
Total 5,498,654.81 0.00 0.00 5,498,654.81 0.00
Class Additional Interest Remaining Unpaid
Trust Fund Distribution Distributable
Expenses Certificate Interest
<s> <c> <c> <c>
A-1 0.00 529,243.69 0.00
A-2 0.00 1,461,705.89 0.00
A1-A 0.00 940,514.42 0.00
XC 0.00 112,428.00 0.00
XP 0.00 1,605,443.62 0.00
B 0.00 138,717.35 0.00
C 0.00 51,775.44 0.00
D 0.00 109,493.36 0.00
E 0.00 37,023.19 0.00
F 0.00 62,405.38 0.00
G 0.00 75,360.43 0.00
H 0.00 84,207.23 0.00
J 0.00 80,648.39 0.00
K 0.00 43,012.24 0.00
L 0.00 21,507.91 0.00
M 0.00 21,504.33 0.00
N 0.00 21,507.91 0.00
O 0.00 16,128.25 0.00
P 901.94 85,125.84 983.69
Total 901.94 5,497,752.87 983.69
Other Required Information
<s> <c>
Available Distribution Amount (1) 6,790,698.86
Aggregate Number of Outstanding Loans 152
Aggregate Stated Principal Balance of Loans Before Distribution 1,182,659,549.82
Aggregate Stated Principal Balance of Loans After Distribution 1,181,366,603.83
Aggregate Unpaid Principal Balance of Loans 1,182,011,683.69
Aggregate Amount of Servicing Fee 47,472.24
Aggregate Amount of Special Servicing Fee 805.44
Aggregate Amount of Trustee Fee 2,069.65
Aggregate Trust Fund Expenses 96.50
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
None
Cash Reconciliation Detail
<s>
Total Funds Collected
Interest:
Scheduled Interest 5,546,585.12
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 5,546,585.12
Principal:
Scheduled Principal 1,292,945.99
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 1,292,945.99
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 6,839,531.11
Total Funds Distributed
Fees:
Master Servicing Fee 45,860.68
Trustee Fee 2,069.65
Certificate Administration Fee 0.00
Insurer Fee 0.00
Miscellaneous Fee 0.00
Total Fees 47,930.33
Additional Trust Fund Expenses:
Reimbursement for Interest on Advances 0.00
ASER Amount 0.00
Special Servicing Fee 805.44
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 96.50
Total Additional Trust Fund Expenses 901.94
Interest Reserve Deposit 0.00
Payments to Certificateholders & Others:
Interest Distribution 5,497,752.87
Principal Distribution 1,292,945.99
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 6,790,698.86
Total Funds Distributed 6,839,531.13
Ratings Detail
Class CUSIP Original Ratings Current Ratings (1)
Fitch Moody's S & P Fitch Moody's S & P
<s> <c> <c> <c> <c> <c> <c> <c>
A-1 929766GR8 X Aaa AAA X Aaa AAA
A-2 929766GS6 X Aaa AAA X Aaa AAA
A1-A 929766GZ0 X Aaa AAA X Aaa AAA
XC 929766GV9 X Aaa AAA X Aaa AAA
XP 929766GX5 X Aaa AAA X Aaa AAA
B 929766GT4 X Aa2 AA X Aa2 AA
C 929766GU1 X Aa3 AA- X Aa3 AA-
D 929766HB2 X A2 A X A2 A
E 929766HD8 X A3 A- X A3 A-
F 929766HF3 X Baa1 BBB+ X Baa1 BBB+
G 929766HH9 X Baa2 BBB X Baa2 BBB
H 929766HK2 X Baa3 BBB- X Baa3 BBB-
J 929766HM8 X Ba1 BB+ X Ba1 BB+
K 929766HP1 X Ba2 BB X Ba2 BB
L 929766HR7 X Ba3 BB- X Ba3 BB-
M 929766HT3 X B1 B+ X B1 B+
N 929766HV8 X B2 B X B2 B
O 929766HX4 X B3 B- X B3 B-
P 929766HZ9 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
Aggregate Pool
Scheduled Balance
Scheduled # of Scheduled % of WAM WAC Weighted
Balance Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Below 2,000,000 28 42,283,314.20 3.58 109 6.0281 1.462646
2,000,001 to 3,000,000 15 36,909,843.21 3.12 112 5.9736 1.507724
3,000,001 to 4,000,000 20 69,959,210.77 5.92 116 5.8457 1.435295
4,000,001 to 5,000,000 12 53,651,154.94 4.54 113 5.7137 1.447893
5,000,001 to 6,000,000 11 61,157,318.08 5.18 99 5.6488 1.594295
6,000,001 to 7,000,000 14 91,749,175.80 7.77 99 5.6626 1.361001
7,000,001 to 8,000,000 8 58,656,248.02 4.97 93 5.5694 1.510475
8,000,001 to 9,000,000 3 25,544,694.57 2.16 73 5.3434 1.271965
9,000,001 to 10,000,000 3 28,636,376.72 2.42 102 5.5818 1.438861
10,000,001 to 15,000,000 18 228,797,448.66 19.37 89 5.5431 1.410943
15,000,001 to 20,000,000 10 165,928,365.64 14.05 96 5.7363 1.331239
20,000,001 to 25,000,000 4 89,012,462.98 7.53 99 5.6531 1.436152
25,000,001 to 30,000,000 3 81,236,643.00 6.88 89 5.0121 1.869270
30,000,001 to 35,000,000 1 35,000,000.00 2.96 98 5.6700 2.320000
35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000
40,000,001 to 45,000,000 1 44,201,649.51 3.74 101 6.0800 1.300000
45,000,001 to 65,000,000 0 0.00 0.00 0 0.0000 0.000000
65,000,001 and greater 1 68,642,697.73 5.81 102 5.4200 3.330000
Totals 152 1,181,366,603.83 100.00 98 5.6279 1.583673
State (3)
State # of Scheduled % of WAM WAC Weighted
Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Alaska 1 8,698,761.64 0.74 52 5.4500 1.550000
Arizona 7 55,483,365.84 4.70 87 5.3837 1.376341
California 21 162,729,927.27 13.77 89 5.6197 1.384131
Colorado 8 56,453,961.14 4.78 98 5.6048 1.390131
Connecticut 1 7,285,775.79 0.62 98 5.8900 1.110000
Delaware 2 19,211,123.51 1.63 101 5.4419 1.151872
Florida 22 123,921,242.73 10.49 97 5.5847 1.426715
Georgia 5 17,498,162.38 1.48 114 5.7361 1.319337
Illinois 6 36,285,456.18 3.07 101 5.6194 1.369573
Iowa 1 7,752,966.26 0.66 101 5.8600 1.530000
Kansas 1 20,275,311.65 1.72 96 5.6400 1.380000
Maryland 4 23,233,107.07 1.97 114 6.1951 1.289705
Massachusetts 2 32,167,027.01 2.72 99 5.9085 1.406168
Michigan 2 11,249,030.24 0.95 101 5.7822 0.865302
Minnesota 1 1,464,162.13 0.12 161 5.5000 1.190000
Missouri 1 2,114,679.82 0.18 100 5.5700 1.270000
Nebraska 1 3,717,025.28 0.31 100 6.0000 1.350000
Nevada 5 35,425,135.39 3.00 109 5.6695 1.427317
New Jersey 1 2,142,450.40 0.18 102 5.8600 1.280000
New Mexico 1 3,224,667.41 0.27 100 5.1600 1.580000
New York 9 108,370,698.18 9.17 102 5.8378 1.785076
North Carolina 7 48,675,515.44 4.12 112 5.6249 1.448047
North Dakota 2 12,675,302.58 1.07 101 5.2417 1.533915
Oregon 3 91,577,578.16 7.75 99 5.4868 2.916916
Pennsylvania 4 59,872,466.63 5.07 101 5.9417 1.393349
South Carolina 3 29,034,151.11 2.46 73 4.3715 3.093918
Tennessee 1 4,308,641.95 0.36 100 5.6200 1.810000
Texas 16 68,504,785.57 5.80 102 5.7532 1.423877
Virginia 7 29,141,442.39 2.47 101 5.7447 1.422549
Washington 3 19,436,192.38 1.65 92 5.6535 1.490001
Washington,DC 4 64,722,347.01 5.48 101 5.5391 1.323965
Wisconsin 2 14,714,143.29 1.25 101 5.7500 1.340000
Totals 154 1,181,366,603.83 100.00 98 5.6279 1.583673
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of WAM WAC Weighted
Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
1.04 or less 7 48,780,197.74 4.13 118 5.9890 0.944633
1.05 to 1.09 1 6,954,479.88 0.59 102 5.1500 1.070000
1.10 to 1.14 10 80,070,564.00 6.78 106 5.7634 1.117002
1.15 to 1.19 6 44,209,061.33 3.74 93 5.5300 1.161777
1.20 to 1.24 9 46,368,699.05 3.93 95 5.7706 1.217465
1.25 to 1.29 14 120,070,233.76 10.16 94 5.5478 1.270900
1.30 to 1.34 12 113,193,680.12 9.58 95 5.8758 1.318279
1.35 to 1.39 17 150,110,470.12 12.71 101 5.6657 1.369923
1.40 to 1.44 6 30,943,512.22 2.62 101 5.5438 1.426378
1.45 to 1.49 10 73,204,821.77 6.20 100 5.5557 1.468717
1.50 to 1.54 10 59,429,023.03 5.03 109 5.7066 1.519342
1.55 to 1.59 12 88,474,877.99 7.49 87 5.7184 1.564407
1.60 to 1.64 5 46,498,396.91 3.94 96 5.6981 1.609020
1.65 to 1.69 4 15,092,385.56 1.28 90 5.6319 1.678108
1.70 to 1.74 4 35,970,827.62 3.04 79 5.3138 1.727450
1.75 to 1.79 2 28,360,724.66 2.40 101 5.8883 1.751347
1.80 to 1.84 4 10,821,460.00 0.92 101 5.4931 1.814994
1.85 to 1.89 6 21,059,274.93 1.78 101 5.6619 1.867621
1.90 to 1.99 5 15,221,214.68 1.29 106 5.7652 1.976971
2.00 to 2.19 3 10,672,665.35 0.90 102 5.6308 2.083843
2.20 to 2.29 2 6,317,335.38 0.53 101 5.1112 2.267153
2.30 or greater 3 129,542,697.73 10.97 94 5.2116 3.047120
Totals 152 1,181,366,603.83 100.00 98 5.6279 1.583673
Property Type (3)
Property # of Scheduled % of WAM WAC Weighted
Type Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Industrial 6 38,969,023.87 3.30 95 5.9862 1.462862
Lodging 1 10,073,410.66 0.85 102 5.7300 1.460000
Mixed Use 3 25,431,380.20 2.15 73 5.5587 1.574382
Mobile Home Park 9 27,165,777.16 2.30 96 5.4504 1.567702
Multi-Family 42 324,125,016.68 27.44 100 5.4782 1.343648
Office 28 332,520,998.67 28.15 94 5.7478 1.542541
Retail 59 398,169,780.48 33.70 101 5.6123 1.835275
Self Storage 6 24,911,216.11 2.11 101 5.8854 1.500101
Totals 154 1,181,366,603.83 100.00 98 5.6279 1.583673
Note Rate
Note Rate # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
5.249% or less 15 150,799,422.00 12.76 82 4.9424 1.748420
5.250% to 5.499% 28 276,110,740.93 23.37 98 5.4132 1.893490
5.500% to 5.749% 42 359,472,664.38 30.43 95 5.6175 1.501528
5.750% to 5.999% 38 242,802,685.78 20.55 102 5.8541 1.392396
6.000% to 6.249% 15 96,585,587.60 8.18 102 6.0859 1.365113
6.250% to 6.499% 5 27,990,758.95 2.37 113 6.3480 1.461429
6.500% to 6.749% 1 6,329,385.97 0.54 100 6.5000 1.330000
6.750% to 6.999% 3 7,136,825.28 0.60 189 6.8832 1.066049
7.000% to 7.249% 1 5,356,042.21 0.45 84 7.1500 1.210000
7.250% to 7.499% 1 3,007,131.12 0.25 170 7.3500 1.010000
7.500% to 8.499% 0 0.00 0.00 0 0.0000 0.000000
8.500% to 8.749% 2 2,965,623.19 0.25 164 8.6250 1.752324
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 1 2,809,736.42 0.24 261 9.3100 1.100000
Totals 152 1,181,366,603.83 100.00 98 5.6279 1.583673
Seasoning
Seasoning # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
12 months or less 0 0.00 0.00 0 0.0000 0.000000
13 to 24 months 144 1,157,907,280.97 98.01 97 5.5925 1.590696
25 to 36 months 4 12,126,005.55 1.03 107 7.1499 1.436755
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 months and greater 4 11,333,317.31 0.96 215 7.6134 1.023286
Totals 152 1,181,366,603.83 100.00 98 5.6279 1.583673
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of WAM WAC Weighted
Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
60 months or less 5 31,805,761.18 2.69 42 5.5011 1.460284
61 to 84 months 9 102,224,449.46 8.65 68 5.0137 1.916326
85 to 108 months 125 1,015,804,066.06 85.99 99 5.6596 1.561959
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,592,120.51 0.13 150 8.6250 1.970000
157 to 168 months 0 0.00 0.00 0 0.0000 0.000000
169 to 180 months 2 4,380,633.80 0.37 173 7.7498 1.163634
181 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 204 months 0 0.00 0.00 0 0.0000 0.000000
205 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 276 months 1 2,809,736.42 0.24 261 9.3100 1.100000
277 to 288 months 0 0.00 0.00 0 0.0000 0.000000
289 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 143 1,158,616,767.43 98.07 96 5.6191 1.588368
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
120 months or less 2 990,938.02 0.08 100 5.9100 1.765683
121 to 192 months 3 8,025,402.54 0.68 178 5.7457 1.345896
193 to 264 months 4 13,733,495.84 1.16 225 6.2760 1.313379
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 9 22,749,836.40 1.93 203 6.0730 1.344552
Remaining Amortization Term (ARD and Balloon Loans)
Remaining Amortization # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Interest Only 1 25,900,000.00 2.19 66 4.0400 3.280000
120 months or less 3 3,705,080.08 0.31 100 5.9100 1.249760
121 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 264 months 7 17,742,699.77 1.50 112 6.0249 1.326789
265 to 336 months 32 207,041,323.07 17.53 100 5.9504 1.583038
337 months or greater 100 904,227,664.51 76.54 95 5.5793 1.547655
Totals 143 1,158,616,767.43 98.07 96 5.6191 1.588368
Age of Most Recent NOI
Age of Most # of Scheduled % of WAM WAC Weighted
Recent NOI Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Underwriter's Information 5 35,251,031.17 2.98 90 5.6550 1.406305
1 year or less 145 1,134,430,144.48 96.03 98 5.6150 1.592364
1 to 2 years 2 11,685,428.18 0.99 93 6.7979 1.274998
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 152 1,181,366,603.83 100.00 98 5.6279 1.583673
<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 ommission 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>
Current Mortgage Loan and Property Stratification Tables
Group 1
Scheduled Balance
Scheduled # of Scheduled % of WAM WAC Weighted
Balance Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Below 2,000,000 19 27,839,714.63 2.36 104 6.0096 1.435078
2,000,001 to 3,000,000 10 23,422,729.88 1.98 112 5.7430 1.569916
3,000,001 to 4,000,000 14 48,798,060.62 4.13 123 6.0415 1.463677
4,000,001 to 5,000,000 9 39,518,606.42 3.35 111 5.8501 1.474604
5,000,001 to 6,000,000 8 45,002,113.75 3.81 99 5.7568 1.678501
6,000,001 to 7,000,000 8 52,865,171.06 4.47 99 5.9112 1.393917
7,000,001 to 8,000,000 5 37,413,378.44 3.17 88 5.6846 1.461311
8,000,001 to 9,000,000 2 16,794,694.57 1.42 76 5.5223 1.173999
9,000,001 to 10,000,000 2 19,413,048.36 1.64 102 5.5495 1.424067
10,000,001 to 15,000,000 13 163,008,032.69 13.80 87 5.5974 1.446922
15,000,001 to 20,000,000 10 165,928,365.64 14.05 96 5.7363 1.331239
20,000,001 to 25,000,000 2 44,896,473.97 3.80 101 5.7668 1.555050
25,000,001 to 30,000,000 2 52,900,000.00 4.48 83 4.9383 2.136711
30,000,001 to 35,000,000 1 35,000,000.00 2.96 98 5.6700 2.320000
35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000
40,000,001 to 45,000,000 1 44,201,649.51 3.74 101 6.0800 1.300000
45,000,001 to 65,000,000 0 0.00 0.00 0 0.0000 0.000000
65,000,001 or greater 1 68,642,697.73 5.81 102 5.4200 3.330000
Totals 107 885,644,737.27 74.97 97 5.6864 1.653625
State (3)
State # of Scheduled % of WAM WAC Weighted
Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Alaska 1 8,698,761.64 0.74 52 5.4500 1.550000
Arizona 3 13,886,455.79 1.18 67 5.5221 1.517389
California 14 134,518,281.36 11.39 88 5.6681 1.344739
Colorado 8 56,453,961.14 4.78 98 5.6048 1.390131
Connecticut 1 7,285,775.79 0.62 98 5.8900 1.110000
Florida 15 78,447,802.16 6.64 96 5.7696 1.531247
Georgia 4 16,115,201.68 1.36 116 5.7306 1.323571
Illinois 6 36,285,456.18 3.07 101 5.6194 1.369573
Iowa 1 7,752,966.26 0.66 101 5.8600 1.530000
Maryland 2 18,491,049.69 1.57 93 5.8206 1.326861
Massachusetts 2 32,167,027.01 2.72 99 5.9085 1.406168
Michigan 2 11,249,030.24 0.95 101 5.7822 0.865302
Missouri 1 2,114,679.82 0.18 100 5.5700 1.270000
Nebraska 1 3,717,025.28 0.31 100 6.0000 1.350000
Nevada 4 28,381,627.41 2.40 111 5.7364 1.426652
New Jersey 1 2,142,450.40 0.18 102 5.8600 1.280000
New York 8 99,147,369.82 8.39 102 5.8552 1.814386
North Carolina 4 28,746,773.90 2.43 117 5.6173 1.394134
Oregon 3 91,577,578.16 7.75 99 5.4868 2.916916
Pennsylvania 3 52,774,345.41 4.47 101 6.0280 1.314444
South Carolina 2 27,660,648.43 2.34 68 4.1603 3.173065
Tennessee 1 4,308,641.95 0.36 100 5.6200 1.810000
Texas 11 32,208,546.93 2.73 113 5.9958 1.595893
Virginia 5 24,576,118.06 2.08 102 5.7292 1.459031
Washington 2 17,769,636.42 1.50 91 5.6820 1.504069
Washington,DC 2 34,453,383.05 2.92 101 5.8753 1.257722
Wisconsin 2 14,714,143.29 1.25 101 5.7500 1.340000
Totals 109 885,644,737.27 74.97 97 5.6864 1.653625
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of WAM WAC Weighted
Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
1.04 or less 6 45,160,231.77 3.82 119 6.0162 0.977869
1.05 to 1.09 0 0.00 0.00 0 0.0000 0.000000
1.10 to 1.14 4 42,333,411.57 3.58 101 5.8006 1.110121
1.15 to 1.19 4 30,988,355.24 2.62 100 5.6567 1.164911
1.20 to 1.24 6 27,044,796.48 2.29 97 5.9550 1.222799
1.25 to 1.29 11 90,107,844.83 7.63 95 5.5960 1.274371
1.30 to 1.34 9 103,786,705.48 8.79 94 5.9148 1.316311
1.35 to 1.39 13 91,623,546.25 7.76 104 5.8550 1.366886
1.40 to 1.44 3 18,417,517.39 1.56 101 5.7287 1.425617
1.45 to 1.49 6 46,597,070.19 3.94 110 5.6545 1.468887
1.50 to 1.54 7 38,065,520.35 3.22 100 5.7690 1.521005
1.55 to 1.59 8 59,389,235.76 5.03 82 5.8679 1.565479
1.60 to 1.64 5 46,498,396.91 3.94 96 5.6981 1.609020
1.65 to 1.69 3 11,559,756.26 0.98 87 5.6447 1.680586
1.70 to 1.74 2 26,864,136.12 2.27 71 5.3343 1.730531
1.75 to 1.79 2 28,360,724.66 2.40 101 5.8883 1.751347
1.80 to 1.84 3 8,889,139.04 0.75 101 5.5460 1.811732
1.85 to 1.89 5 19,527,468.97 1.65 101 5.6911 1.866650
1.90 to 1.99 2 3,898,181.54 0.33 100 5.7652 1.972258
2.00 to 2.19 3 10,672,665.35 0.90 102 5.6308 2.083843
2.20 to 2.29 2 6,317,335.38 0.53 101 5.1112 2.267153
2.30 or greater 3 129,542,697.73 10.97 94 5.2116 3.047120
Totals 107 885,644,737.27 74.97 97 5.6864 1.653625
Property Type (3)
Property # of Scheduled % of WAM WAC Weighted
Type Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Industrial 6 38,969,023.87 3.30 95 5.9862 1.462862
Lodging 1 10,073,410.66 0.85 102 5.7300 1.460000
Mixed Use 3 25,431,380.20 2.15 73 5.5587 1.574382
Mobile Home Park 2 4,064,430.46 0.34 101 5.6539 1.683414
Multi-Family 4 51,504,496.82 4.36 100 5.5977 1.259736
Office 28 332,520,998.67 28.15 94 5.7478 1.542541
Retail 59 398,169,780.48 33.70 101 5.6123 1.835275
Self Storage 6 24,911,216.11 2.11 101 5.8854 1.500101
Totals 109 885,644,737.27 74.97 97 5.6864 1.653625
Note Rate
Note Rate # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
5.249% or less 6 71,280,810.51 6.03 73 4.7468 2.214312
5.250% to 5.499% 10 153,981,455.00 13.03 94 5.4219 2.269010
5.500% to 5.749% 29 275,554,490.17 23.33 94 5.6301 1.546212
5.750% to 5.999% 37 241,419,725.08 20.44 102 5.8544 1.393098
6.000% to 6.249% 14 93,588,112.98 7.92 103 6.0887 1.372643
6.250% to 6.499% 5 27,990,758.95 2.37 113 6.3480 1.461429
6.500% to 6.749% 1 6,329,385.97 0.54 100 6.5000 1.330000
6.750% to 6.999% 3 7,136,825.28 0.60 189 6.8832 1.066049
7.000% to 7.249% 1 5,356,042.21 0.45 84 7.1500 1.210000
7.250% to 7.499% 1 3,007,131.12 0.25 170 7.3500 1.010000
7.500% to 8.499% 0 0.00 0.00 0 0.0000 0.000000
8.500% to 8.749% 0 0.00 0.00 0 0.0000 0.000000
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 885,644,737.27 74.97 97 5.6864 1.653625
Seasoning
Seasoning # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
12 months or less 0 0.00 0.00 0 0.0000 0.000000
13 to 24 months 102 867,960,774.02 73.47 96 5.6626 1.663430
25 to 36 months 2 9,160,382.36 0.78 89 6.6724 1.334591
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 to 60 months 0 0.00 0.00 0 0.0000 0.000000
61 to 72 months 3 8,523,580.89 0.72 200 7.0542 0.997998
73 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 885,644,737.27 74.97 97 5.6864 1.653625
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of WAM WAC Weighted
Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
60 months or less 3 26,758,650.30 2.27 43 5.4961 1.467118
61 to 84 months 6 76,979,154.63 6.52 69 4.9846 2.125634
85 to 108 months 90 762,604,126.95 64.55 99 5.7441 1.622452
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 0 0.00 0.00 0 0.0000 0.000000
157 to 168 months 0 0.00 0.00 0 0.0000 0.000000
169 to 180 months 1 3,007,131.12 0.25 170 7.3500 1.010000
181 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 100 869,349,063.00 73.59 95 5.6748 1.660108
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
19 months or less 0 0.00 0.00 0 0.0000 0.000000
20 to 39 months 0 0.00 0.00 0 0.0000 0.000000
40 to 59 months 0 0.00 0.00 0 0.0000 0.000000
60 to 79 months 0 0.00 0.00 0 0.0000 0.000000
80 to 99 months 0 0.00 0.00 0 0.0000 0.000000
100 to 109 months 2 990,938.02 0.08 100 5.9100 1.765683
110 to 139 months 0 0.00 0.00 0 0.0000 0.000000
140 months or greater 5 15,304,736.25 1.30 220 6.3350 1.278127
Totals 7 16,295,674.27 1.38 212 6.3091 1.307775
Remaining Amortization Term (ARD and Balloon Loans)
Remaining Amortization # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Interest Only 1 25,900,000.00 2.19 66 4.0400 3.280000
174 months or less 3 3,705,080.08 0.31 100 5.9100 1.249760
175 to 199 months 0 0.00 0.00 0 0.0000 0.000000
200 to 224 months 4 10,241,481.37 0.87 120 6.5110 1.071819
225 to 249 months 0 0.00 0.00 0 0.0000 0.000000
250 to 274 months 0 0.00 0.00 0 0.0000 0.000000
275 to 299 months 13 86,114,810.09 7.29 98 5.7980 1.822745
300 to 324 months 3 28,275,851.49 2.39 89 5.9726 1.335831
325 months or greater 76 715,111,839.97 60.53 96 5.6942 1.605227
Totals 100 869,349,063.00 73.59 95 5.6748 1.660108
Age of Most Recent NOI
Age of Most # of Scheduled % of WAM WAC Weighted
Recent NOI Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Underwriter's Information 2 9,928,608.64 0.84 102 5.7505 1.451003
1 year or less 103 864,030,700.45 73.14 97 5.6707 1.661074
1 to 2 years 2 11,685,428.18 0.99 93 6.7979 1.274998
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 107 885,644,737.27 74.97 97 5.6864 1.653625
<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 ommission 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>
Current Mortgage Loan and Property Stratification Tables
Group 2
Scheduled Balance
Scheduled # of Scheduled % of WAM WAC Weighted
Balance Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Below 2,000,000 9 14,443,599.57 1.22 120 6.0639 1.515782
2,000,001 to 3,000,000 5 13,487,113.33 1.14 112 6.3741 1.399716
3,000,001 to 4,000,000 6 21,161,150.15 1.79 101 5.3943 1.369846
4,000,001 to 5,000,000 3 14,132,548.52 1.20 118 5.3323 1.373200
5,000,001 to 6,000,000 3 16,155,204.33 1.37 100 5.3479 1.359730
6,000,001 to 7,000,000 6 38,884,004.74 3.29 99 5.3245 1.316249
7,000,001 to 8,000,000 3 21,242,869.58 1.80 101 5.3666 1.597063
8,000,001 to 9,000,000 1 8,750,000.00 0.74 66 5.0000 1.460000
9,000,001 to 10,000,000 1 9,223,328.36 0.78 102 5.6500 1.470000
10,000,001 to 15,000,000 5 65,789,415.97 5.57 92 5.4086 1.321797
15,000,001 to 20,000,000 0 0.00 0.00 0 0.0000 0.000000
20,000,001 to 25,000,000 2 44,115,989.01 3.73 98 5.5373 1.315151
25,000,001 to 30,000,000 1 28,336,643.00 2.40 100 5.1500 1.370000
30,000,001 to 35,000,000 0 0.00 0.00 0 0.0000 0.000000
35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000
40,000,001 to 45,000,000 0 0.00 0.00 0 0.0000 0.000000
45,000,001 to 65,000,000 0 0.00 0.00 0 0.0000 0.000000
65,000,001 or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,721,866.56 25.03 99 5.4524 1.374175
State (3)
State # of Scheduled % of WAM WAC Weighted
Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Arizona 4 41,596,910.05 3.52 93 5.3376 1.329255
California 7 28,211,645.91 2.39 93 5.3891 1.571960
Delaware 2 19,211,123.51 1.63 101 5.4419 1.151872
Florida 7 45,473,440.57 3.85 97 5.2657 1.246382
Georgia 1 1,382,960.70 0.12 100 5.8000 1.270000
Kansas 1 20,275,311.65 1.72 96 5.6400 1.380000
Maryland 2 4,742,057.38 0.40 195 7.6556 1.144823
Minnesota 1 1,464,162.13 0.12 161 5.5000 1.190000
Nevada 1 7,043,507.98 0.60 100 5.4000 1.430000
New Mexico 1 3,224,667.41 0.27 100 5.1600 1.580000
New York 1 9,223,328.36 0.78 102 5.6500 1.470000
North Carolina 3 19,928,741.54 1.69 104 5.6359 1.525814
North Dakota 2 12,675,302.58 1.07 101 5.2417 1.533915
Pennsylvania 1 7,098,121.22 0.60 101 5.3000 1.980000
South Carolina 1 1,373,502.68 0.12 180 8.6250 1.500000
Texas 5 36,296,238.64 3.07 92 5.5380 1.271233
Virginia 2 4,565,324.33 0.39 100 5.8283 1.226159
Washington 1 1,666,555.96 0.14 102 5.3500 1.340000
Washington,DC 2 30,268,963.96 2.56 100 5.1564 1.399366
Totals 45 295,721,866.56 25.03 99 5.4524 1.374175
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of WAM WAC Weighted
Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
1.04 or less 1 3,619,965.97 0.31 99 5.6500 0.530000
1.05 to 1.09 1 6,954,479.88 0.59 102 5.1500 1.070000
1.10 to 1.14 6 37,737,152.43 3.19 113 5.7216 1.124721
1.15 to 1.19 2 13,220,706.09 1.12 77 5.2332 1.154430
1.20 to 1.24 3 19,323,902.57 1.64 93 5.5127 1.210000
1.25 to 1.29 3 29,962,388.93 2.54 94 5.4029 1.260462
1.30 to 1.34 3 9,406,974.64 0.80 100 5.4463 1.340000
1.35 to 1.39 4 58,486,923.87 4.95 96 5.3692 1.374681
1.40 to 1.44 3 12,525,994.83 1.06 101 5.2719 1.427497
1.45 to 1.49 4 26,607,751.58 2.25 84 5.3828 1.468420
1.50 to 1.54 3 21,363,502.68 1.81 125 5.5956 1.516378
1.55 to 1.59 4 29,085,642.23 2.46 98 5.4131 1.562217
1.60 to 1.64 0 0.00 0.00 0 0.0000 0.000000
1.65 to 1.69 1 3,532,629.30 0.30 102 5.5900 1.670000
1.70 to 1.74 2 9,106,691.50 0.77 101 5.2534 1.718363
1.75 to 1.79 0 0.00 0.00 0 0.0000 0.000000
1.80 to 1.84 1 1,932,320.96 0.16 99 5.2500 1.830000
1.85 to 1.89 1 1,531,805.96 0.13 102 5.2900 1.880000
1.90 to 1.99 3 11,323,033.14 0.96 108 5.7652 1.978594
2.00 to 2.19 0 0.00 0.00 0 0.0000 0.000000
2.20 to 2.29 0 0.00 0.00 0 0.0000 0.000000
2.30 or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,721,866.56 25.03 99 5.4524 1.374175
Property Type (3)
Property # of Scheduled % of WAM WAC Weighted
Type Props Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Mobile Home Park 7 23,101,346.70 1.96 96 5.4146 1.547344
Multi-Family 38 272,620,519.86 23.08 100 5.4556 1.359501
Totals 45 295,721,866.56 25.03 99 5.4524 1.374175
Note Rate
Note Rate # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
5.249% or less 9 79,518,611.49 6.73 90 5.1178 1.330793
5.250% to 5.499% 18 122,129,285.93 10.34 103 5.4023 1.420032
5.500% to 5.749% 13 83,918,174.21 7.10 95 5.5760 1.354802
5.750% to 5.999% 1 1,382,960.70 0.12 100 5.8000 1.270000
6.000% to 6.249% 1 2,997,474.62 0.25 100 6.0000 1.130000
6.250% to 6.499% 0 0.00 0.00 0 0.0000 0.000000
6.500% to 6.749% 0 0.00 0.00 0 0.0000 0.000000
6.750% to 6.999% 0 0.00 0.00 0 0.0000 0.000000
7.000% to 7.249% 0 0.00 0.00 0 0.0000 0.000000
7.250% to 7.499% 0 0.00 0.00 0 0.0000 0.000000
7.500% to 8.499% 0 0.00 0.00 0 0.0000 0.000000
8.500% to 8.749% 2 2,965,623.19 0.25 164 8.6250 1.752324
8.750% to 9.249% 0 0.00 0.00 0 0.0000 0.000000
9.250% or greater 1 2,809,736.42 0.24 261 9.3100 1.100000
Totals 45 295,721,866.56 25.03 99 5.4524 1.374175
Seasoning
Seasoning # of Scheduled % of WAM WAC Weighted
Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
12 months or less 0 0.00 0.00 0 0.0000 0.000000
13 to 24 months 42 289,946,506.95 24.54 97 5.3826 1.372965
25 to 36 months 2 2,965,623.19 0.25 164 8.6250 1.752324
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 to 60 months 1 2,809,736.42 0.24 261 9.3100 1.100000
61 to 72 months 0 0.00 0.00 0 0.0000 0.000000
73 months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 45 295,721,866.56 25.03 99 5.4524 1.374175
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of WAM WAC Weighted
Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
60 months or less 2 5,047,110.88 0.43 41 5.5275 1.424052
61 to 84 months 3 25,245,294.83 2.14 66 5.1025 1.278094
85 to 108 months 35 253,199,939.11 21.43 99 5.4052 1.379763
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 156 months 1 1,592,120.51 0.13 150 8.6250 1.970000
157 to 168 months 0 0.00 0.00 0 0.0000 0.000000
169 to 180 months 1 1,373,502.68 0.12 180 8.6250 1.500000
181 to 192 months 0 0.00 0.00 0 0.0000 0.000000
193 to 204 months 0 0.00 0.00 0 0.0000 0.000000
204 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 276 months 1 2,809,736.42 0.24 261 9.3100 1.100000
277 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 43 289,267,704.43 24.49 98 5.4519 1.372765
Remaining Stated Term (Fully Amortizing Loans)
Remaining Stated # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
19 months or less 0 0.00 0.00 0 0.0000 0.000000
20 to 39 months 0 0.00 0.00 0 0.0000 0.000000
40 to 59 months 0 0.00 0.00 0 0.0000 0.000000
60 to 79 months 0 0.00 0.00 0 0.0000 0.000000
80 to 99 months 0 0.00 0.00 0 0.0000 0.000000
100 to 109 months 0 0.00 0.00 0 0.0000 0.000000
110 to 139 months 0 0.00 0.00 0 0.0000 0.000000
140 months or greater 2 6,454,162.13 0.55 180 5.4768 1.437406
Totals 2 6,454,162.13 0.55 180 5.4768 1.437406
Remaining Amortization Term (ARD and Balloon Loans)
Remaining Amortization # of Scheduled % of WAM WAC Weighted
Term Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
174 months or less 0 0.00 0.00 0 0.0000 0.000000
175 to 199 months 0 0.00 0.00 0 0.0000 0.000000
200 to 224 months 3 7,501,218.40 0.63 101 5.3612 1.674900
225 to 249 months 0 0.00 0.00 0 0.0000 0.000000
250 to 274 months 0 0.00 0.00 0 0.0000 0.000000
275 to 299 months 4 14,470,930.98 1.22 101 5.5575 1.464239
300 to 324 months 2 4,183,239.10 0.35 234 9.0851 1.231334
325 months or greater 34 263,112,315.95 22.27 95 5.3909 1.361368
Totals 43 289,267,704.43 24.49 98 5.4519 1.372765
Age of Most Recent NOI
Age of Most # of Scheduled % of WAM WAC Weighted
Recent NOI Loans Balance Agg. (2) Avg DSCR (1)
Bal.
<s> <c> <c> <c> <c> <c> <c>
Underwriter's Information 3 25,322,422.53 2.14 85 5.6176 1.388780
1 year or less 42 270,399,444.03 22.89 101 5.4370 1.372808
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 45 295,721,866.56 25.03 99 5.4524 1.374175
<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 ommission 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>
343005011 1 RT Portland OR 310,413.47 83,532.45 5.420%
502767418 2 OF Philadelphia PA 224,197.81 47,918.78 6.080%
502752708 3 OF New York NY 165,375.00 0.00 5.670%
502764101 4 MF Washington DC 121,768.41 36,579.20 5.150%
502756439 5 MF Sacramento CA 130,500.00 0.00 5.800%
502769501 6 RT Columbia SC 87,196.67 0.00 4.040%
502768814 7 OF New York NY 121,412.07 27,352.31 5.930%
502762819 8 MF Glendale AZ 108,404.68 28,242.05 5.450%
310100068 9 RT Lakewood CO 94,593.19 24,370.56 5.570%
801000010 10 MF Overland Park KS 95,409.23 24,524.36 5.640%
502768323 11 OF Washington DC DC 90,641.67 0.00 5.960%
502764302 12 OF Mount Kisco NY 86,059.96 20,014.53 5.840%
701000013 13 OF Lanham MD 80,824.26 21,520.53 5.725%
502762107 14 MF Framingham MA 77,491.67 0.00 5.470%
701000015 15 RT Henderson NV 75,014.40 20,658.18 5.420%
801000016 16 MU Portland OR 77,591.10 19,673.13 5.650%
701000017 17 OF Washington DC 78,135.25 18,468.96 5.780%
502770417 18 RT San Diego CA 72,690.53 19,348.38 5.450%
502765507 19 RT Parkland FL 74,488.88 18,273.82 5.690%
310100005 20 IN Wilmington MA 80,976.02 15,977.40 6.400%
701000021 21 RT Raleigh NC 72,605.56 17,421.42 5.820%
502764801 22 MF Durham NC 67,000.00 0.00 5.360%
502720204 23 IN Various WI 70,586.49 16,949.44 5.750%
502765003 24 OF San Diego CA 63,190.20 18,806.18 5.160%
701000025 25 OF Tumwater WA 67,505.54 16,560.66 5.690%
502764109 26 MF Christiana DE 63,124.48 17,071.65 5.420%
701000027 27 OF Miami FL 64,831.25 0.00 5.500%
502749415 28 RT Palm Beach Gardens FL 68,031.64 15,366.15 5.940%
502765717 29 MF Seabrook TX 59,355.78 15,592.37 5.500%
502764911 30 OF San Diego CA 54,656.36 16,327.05 5.150%
701000031 31 MF Austin TX 56,312.82 14,560.52 5.560%
502769917 32 MF Miami FL 51,009.52 14,883.79 5.200%
502768418 33 OF San Diego CA 54,963.19 13,926.29 5.600%
701000034 34 RT Simi Valley CA 50,744.92 12,820.57 5.660%
502764301 35 RT Fairview Heights IL 48,563.82 12,757.39 5.500%
801000036 36 RT Valencia CA 49,027.83 12,070.77 5.680%
502757713 37 RT Flowery Branch GA 48,309.96 12,312.78 5.600%
502769502 38 LO Norfolk VA 48,180.79 16,806.69 5.730%
310100109 39 OF Northbrook IL 44,372.44 11,810.82 5.450%
801000040 40 OF Sacramento CA 45,510.67 11,202.75 5.650%
701000041 41 MF Halfmoon NY 43,499.80 15,567.96 5.650%
701000042 42 OF Anchorage AK 39,555.21 10,642.71 5.450%
701000043 43 MF Phoenix AZ 36,458.33 0.00 5.000%
310100103 44 OF Ann Arbor MI 37,825.52 9,536.00 5.600%
502766015 45 RT Boone NC 34,296.25 10,081.71 5.180%
801000046 46 OF Des Moines IA 37,903.06 8,752.72 5.860%
801000047 47 MU Tempe AZ 32,405.85 9,288.59 5.310%
701000048 48 RT Westport CT 35,801.95 8,339.06 5.890%
410100091 49 RT Various TX 37,032.60 7,512.63 6.230%
701000050 50 MF Fargo ND 31,994.80 8,716.19 5.400%
502755510 51 MF State College PA 31,389.21 8,870.38 5.300%
801000052 52 MF Las Vegas NV 31,734.91 8,695.31 5.400%
701000053 53 MF Atlantic Beach FL 29,884.43 8,883.44 5.150%
310100060 54 RT Federal Heights CO 32,070.96 8,262.62 5.570%
801000055 55 MF Fairfield CA 30,268.74 8,602.59 5.300%
502754448 56 RT Miami Beach FL 34,277.09 7,646.45 5.990%
701000057 57 RT Mohegan Lake NY 35,308.53 7,473.49 6.180%
502741201 58 OF Harrisburg PA 31,828.48 7,724.98 5.720%
801000059 59 RT Troutdale OR 31,223.79 7,417.89 5.780%
310100063 60 RT Lakewood CO 29,846.15 7,689.43 5.570%
310100099 61 MH Apache Junction AZ 28,715.51 7,783.99 5.400%
410100084 62 MF Pensacola FL 29,084.10 7,740.66 5.480%
310100069 63 SS Chula Vista CA 34,335.92 9,552.55 6.500%
310100050 64 OF Lakeside CO 31,835.41 7,135.37 6.000%
701000065 65 MF Atlantic Beach FL 26,938.08 8,007.60 5.150%
410100105 66 MF Torrance CA 27,856.38 7,307.65 5.490%
502772602 67 SS Fairfax Station VA 27,476.70 10,058.02 5.580%
701000068 68 OF Lone Tree CO 26,474.87 7,309.16 5.350%
502754814 69 OF Bannockburn IL 28,100.00 0.00 5.620%
502759109 70 MF Yorktown Heights NY 24,725.52 7,667.37 5.050%
701000071 71 MF Fargo ND 23,441.71 7,296.62 5.040%
502748108 72 RT Boca Raton FL 27,796.88 0.00 5.930%
701000073 73 OF Sacramento CA 31,944.59 5,287.21 7.150%
310100056 74 MF Dallas TX 24,542.46 6,470.46 5.520%
502761803 75 MF Christiana DE 24,102.04 6,331.45 5.500%
502764713 76 SS Springfield VA 25,449.22 8,597.01 5.870%
701000077 77 OF Wellington FL 24,134.84 5,560.26 5.640%
701000078 78 MF Brandon FL 22,746.08 0.00 5.470%
502765001 79 MF Miami FL 19,968.45 6,226.60 5.050%
502767415 80 RT Elgin IL 22,909.13 5,346.78 5.830%
310100087 81 RT New York NY 24,792.49 7,169.00 6.350%
701000082 82 RT Plano TX 22,431.90 5,348.20 5.770%
502760701 83 RT Colorado Springs CO 22,355.13 7,480.84 5.900%
410100097 84 RT Lexington NC 20,930.29 10,792.05 5.800%
410100083 85 MF Pensacola FL 20,135.15 5,358.92 5.480%
701000086 86 RT Cordova TN 20,202.75 5,112.25 5.620%
701000087 87 IN Denver CO 18,156.12 7,484.85 5.200%
310100088 88 RT Destin FL 20,988.52 4,355.37 6.150%
502768426 89 RT Las Vegas NV 20,170.55 4,411.02 6.000%
502755914 90 RT Las Vegas NV 22,763.75 7,973.76 6.910%
502768925 91 MF Stockton CA 16,169.25 5,181.55 4.950%
502755808 92 RT Goodyear AZ 18,735.06 4,607.85 5.750%
310100014 93 OF Dallas TX 19,831.92 4,307.75 6.120%
502765720 94 OF Las Vegas NV 17,906.98 4,531.31 5.620%
502749508 95 RT Mount Prospect IL 19,043.40 4,339.07 6.000%
502762508 96 RT Omaha NE 18,605.70 4,114.87 6.000%
310100057 97 MF White Settlement TX 17,064.22 4,293.50 5.650%
701000098 98 RT Bothell WA 16,731.96 4,163.98 5.650%
310100092 99 MH Santa Ana CA 16,475.58 4,168.57 5.590%
310100094 100 MH Santa Ana CA 16,475.58 4,168.57 5.590%
701000101 101 RT Dallas TX 18,022.80 8,487.60 6.250%
502735515 102 MF Greenville NC 15,193.71 8,783.61 5.450%
502765613 103 RT Dickinson TX 15,439.53 4,035.63 5.500%
310100085 104 MH Las Cruces NM 13,883.94 4,155.26 5.160%
502736006 105 IN Menominee MI 16,462.27 7,658.36 6.250%
701000106 106 RT Ft. Lauderdale FL 15,174.91 3,601.19 5.800%
502755923 107 RT Colonie NY 18,457.26 6,299.20 7.350%
502753022 108 SS Brandon FL 14,005.91 3,634.47 5.520%
701000109 109 RT San Jose CA 14,869.75 4,914.53 5.900%
502751738 110 MF Richmond VA 15,003.96 3,318.30 6.000%
128878895 111 MF Aberdeen MD 21,815.69 2,168.09 9.310%
502765330 112 MF Lafayette CA 12,843.82 3,313.50 5.550%
701000113 113 RT Fontana CA 13,278.04 3,151.05 5.800%
310100095 114 MH San Luis AZ 11,636.88 6,955.34 5.290%
410100100 115 RT Mesa AZ 12,838.81 3,045.55 5.770%
502765609 116 RT Lodi CA 12,733.93 6,251.49 6.000%
310100096 117 MH Mesquite TX 11,139.23 3,143.88 5.290%
410100101 118 RT Alpharetta GA 11,304.88 2,700.87 5.750%
502770502 119 SS Oldsmar FL 10,617.39 2,755.16 5.520%
310100089 120 MH McAllen TX 10,432.23 2,740.47 5.500%
502768321 121 SS Maple Shade NJ 10,479.43 3,507.53 5.860%
310100062 122 RT Jefferson City MO 9,827.39 2,531.89 5.570%
701000123 123 RT Holly Springs GA 10,277.40 4,999.06 6.100%
701000124 124 RT Conroe TX 9,766.94 2,287.62 5.820%
310100015 125 OF Houston TX 10,078.11 2,189.09 6.120%
701000126 126 MF Washington DC 8,469.29 3,515.67 5.250%
701000127 127 MF Landover MD 8,469.29 3,515.67 5.250%
502756535 128 RT Shippensburg PA 9,372.42 3,136.35 5.900%
310100070 129 RT Deerfield Beach FL 8,545.78 11,477.36 5.910%
801000130 130 IN Springfield VA 8,469.16 2,898.31 5.790%
701000131 131 RT Denver CO 8,678.33 1,998.13 5.900%
701000132 132 RT West Columbia SC 8,710.42 2,000.62 5.930%
701000133 133 MF Spokane Valley WA 7,439.22 2,053.82 5.350%
502763514 134 MU Richmond VA 7,951.10 1,899.61 5.750%
502765328 135 MF Layfayette CA 7,579.22 1,955.31 5.550%
502755922 136 RT Baltimore MD 8,998.83 5,196.15 6.850%
310100043 137 RT Pantego TX 9,258.51 1,553.27 6.850%
310100016 138 OF Houston TX 8,132.34 1,766.44 6.120%
125129420 139 MF Salisbury NC 11,451.51 1,133.13 8.625%
502746509 140 MH Newfield NY 8,044.06 3,742.16 6.250%
502763203 141 MF Charlottesville VA 7,194.64 1,889.98 5.500%
310100093 142 MH Coachella CA 6,770.55 4,046.74 5.290%
701000143 143 OF Huntersville NC 6,922.79 1,883.45 5.390%
701000144 144 MF Two Harbors MN 6,739.16 6,199.37 5.500%
701000145 145 RT Aurora IL 7,097.16 1,579.59 5.950%
701000146 146 RT Kennesaw GA 7,173.31 2,219.40 6.130%
701000147 147 MF Hapeville GA 6,695.49 2,312.39 5.800%
125157750 148 MF Inman SC 9,879.75 1,071.53 8.625%
310100072 149 RT Boca Raton FL 6,211.11 8,341.79 5.910%
310100073 150 RT Hialeah FL 3,612.13 4,851.26 5.910%
310100074 151 RT Fort Lauderdale FL 2,686.46 4,168.82 5.910%
310100071 152 RT Tamarac FL 2,231.50 3,462.81 5.910%
Totals 5,546,585.12 1,292,945.99
Loan Anticipated Maturity Neg. Beginning Ending Paid Thru
Number Repayment Date Amort Scheduled Scheduled Date
Date (Y/N) Balance Balance
<s> <c> <c> <c> <c> <c> <c>
343005011 06/11/2013 06/11/2033 N 68,726,230.18 68,642,697.73 11/11/2004
502767418 05/11/2013 05/11/2033 N 44,249,568.29 44,201,649.51 11/11/2004
502752708 N/A 02/11/2013 N 35,000,000.00 35,000,000.00 12/11/2004
502764101 N/A 04/11/2013 N 28,373,222.20 28,336,643.00 12/11/2004
502756439 N/A 04/11/2013 N 27,000,000.00 27,000,000.00 12/11/2004
502769501 N/A 06/11/2010 N 25,900,000.00 25,900,000.00 12/11/2004
502768814 N/A 05/11/2013 N 24,569,053.31 24,541,701.00 12/11/2004
502762819 N/A 04/11/2013 N 23,868,919.41 23,840,677.36 11/11/2004
310100068 04/11/2013 04/11/2033 N 20,379,143.53 20,354,772.97 11/11/2004
801000010 N/A 12/01/2012 N 20,299,836.01 20,275,311.65 09/01/2004
502768323 N/A 05/11/2013 N 18,250,000.00 18,250,000.00 12/11/2004
502764302 N/A 05/11/2013 N 17,683,552.87 17,663,538.34 11/11/2004
701000013 N/A 02/01/2012 N 16,941,329.81 16,919,809.28 12/01/2004
502762107 N/A 05/11/2013 N 17,000,000.00 17,000,000.00 12/11/2004
701000015 02/01/2012 02/01/2033 N 16,608,353.91 16,587,695.73 12/01/2004
801000016 N/A 02/01/2012 N 16,479,524.61 16,459,851.48 12/01/2004
701000017 N/A 06/01/2013 N 16,221,852.01 16,203,383.05 12/01/2004
502770417 N/A 06/11/2013 N 16,005,253.71 15,985,905.33 12/11/2004
502765507 N/A 05/11/2013 N 15,709,429.24 15,691,155.42 12/11/2004
310100005 12/11/2012 12/11/2032 N 15,183,004.41 15,167,027.01 11/11/2004
701000021 N/A 01/01/2013 N 14,970,219.55 14,952,798.13 12/01/2004
502764801 N/A 04/11/2013 N 15,000,000.00 15,000,000.00 12/11/2004
502720204 N/A 05/11/2013 N 14,731,092.73 14,714,143.29 11/11/2004
502765003 05/11/2010 04/17/2033 N 14,695,394.58 14,676,588.40 12/11/2004
701000025 05/11/2012 05/11/2033 N 14,236,670.18 14,220,109.52 11/11/2004
502764109 N/A 05/11/2013 N 13,975,898.88 13,958,827.23 12/11/2004
701000027 05/11/2011 05/11/2033 N 14,145,000.00 14,145,000.00 11/11/2004
502749415 N/A 04/11/2013 N 13,743,765.47 13,728,399.32 11/11/2004
502765717 N/A 05/11/2013 N 12,950,351.82 12,934,759.45 11/11/2004
502764911 05/11/2010 04/16/2033 N 12,735,463.17 12,719,136.12 12/11/2004
701000031 N/A 04/01/2012 N 12,153,845.85 12,139,285.33 12/01/2004
502769917 N/A 06/11/2010 N 11,771,427.75 11,756,543.96 12/11/2004
502768418 N/A 05/11/2013 N 11,777,825.70 11,763,899.41 11/11/2004
701000034 N/A 02/01/2008 N 10,758,641.31 10,745,820.74 12/01/2004
502764301 N/A 05/11/2013 N 10,595,742.44 10,582,985.05 12/11/2004
801000036 N/A 05/01/2013 N 10,357,992.34 10,345,921.57 12/01/2004
502757713 N/A 04/11/2013 N 10,352,133.26 10,339,820.48 12/11/2004
502769502 N/A 06/11/2013 N 10,090,217.35 10,073,410.66 11/11/2004
310100109 N/A 06/11/2013 N 9,770,078.21 9,758,267.39 12/11/2004
801000040 N/A 07/01/2013 N 9,665,983.72 9,654,780.97 12/01/2004
701000041 N/A 06/11/2013 N 9,238,896.32 9,223,328.36 12/11/2004
701000042 04/11/2009 05/11/2033 N 8,709,404.35 8,698,761.64 12/11/2004
701000043 N/A 06/11/2010 N 8,750,000.00 8,750,000.00 11/11/2004
310100103 N/A 06/11/2013 N 8,105,468.93 8,095,932.93 11/11/2004
502766015 N/A 06/11/2013 N 7,945,077.06 7,934,995.35 11/11/2004
801000046 N/A 05/01/2013 N 7,761,718.98 7,752,966.26 12/01/2004
801000047 N/A 02/01/2008 N 7,323,356.51 7,314,067.92 12/01/2004
701000048 N/A 02/01/2013 N 7,294,114.85 7,285,775.79 12/01/2004
410100091 N/A 05/11/2013 N 7,133,085.75 7,125,573.12 11/11/2004
701000050 N/A 05/11/2013 N 7,109,956.57 7,101,240.38 11/11/2004
502755510 05/11/2013 05/06/2033 N 7,106,991.60 7,098,121.22 12/11/2004
801000052 N/A 04/01/2013 N 7,052,203.29 7,043,507.98 12/01/2004
701000053 N/A 06/11/2013 N 6,963,363.32 6,954,479.88 11/11/2004
310100060 04/11/2013 04/11/2033 N 6,909,363.82 6,901,101.20 12/11/2004
801000055 N/A 04/01/2012 N 6,853,298.87 6,844,696.28 12/01/2004
502754448 N/A 03/11/2013 N 6,866,863.07 6,859,216.62 12/11/2004
701000057 N/A 01/01/2013 N 6,856,025.31 6,848,551.82 12/01/2004
502741201 N/A 05/11/2013 N 6,677,302.94 6,669,577.96 11/11/2004
801000059 N/A 05/01/2013 N 6,482,446.84 6,475,028.95 12/01/2004
310100063 04/11/2013 04/11/2033 N 6,430,050.56 6,422,361.13 12/11/2004
310100099 N/A 06/11/2013 N 6,381,225.27 6,373,441.28 11/11/2004
410100084 N/A 04/11/2013 N 6,368,781.84 6,361,041.18 12/11/2004
310100069 N/A 04/11/2013 N 6,338,938.52 6,329,385.97 11/11/2004
310100050 N/A 02/11/2013 N 6,367,082.78 6,359,947.41 11/11/2004
701000065 N/A 06/11/2013 N 6,276,834.63 6,268,827.03 11/11/2004
410100105 N/A 06/11/2013 N 6,088,826.74 6,081,519.09 12/11/2004
502772602 N/A 06/11/2013 N 5,908,968.00 5,898,909.98 11/11/2004
701000068 N/A 06/11/2013 N 5,938,288.14 5,930,978.98 11/11/2004
502754814 N/A 05/11/2013 N 6,000,000.00 6,000,000.00 11/11/2004
502759109 N/A 05/11/2013 N 5,875,370.11 5,867,702.74 11/11/2004
701000071 N/A 05/11/2013 N 5,581,358.82 5,574,062.20 11/11/2004
502748108 N/A 01/11/2013 N 5,625,000.00 5,625,000.00 12/11/2004
701000073 N/A 12/01/2011 N 5,361,329.42 5,356,042.21 12/01/2004
310100056 N/A 03/11/2013 N 5,335,316.31 5,328,845.85 11/11/2004
502761803 N/A 05/11/2013 N 5,258,627.73 5,252,296.28 12/11/2004
502764713 N/A 04/11/2013 N 5,202,565.27 5,193,968.26 11/11/2004
701000077 N/A 05/11/2013 N 5,135,071.84 5,129,511.58 11/11/2004
701000078 N/A 06/11/2020 N 4,990,000.00 4,990,000.00 11/11/2004
502765001 N/A 04/11/2010 N 4,744,977.47 4,738,750.87 12/11/2004
502767415 N/A 05/11/2013 N 4,715,430.21 4,710,083.43 11/11/2004
310100087 N/A 05/11/2013 N 4,685,195.85 4,678,026.85 11/11/2004
701000082 N/A 05/11/2013 N 4,665,213.63 4,659,865.43 12/11/2004
502760701 04/11/2013 04/08/2028 N 4,546,805.49 4,539,324.65 11/11/2004
410100097 N/A 06/11/2023 N 4,330,404.70 4,319,612.65 12/11/2004
410100083 N/A 04/11/2013 N 4,409,156.57 4,403,797.65 12/11/2004
701000086 N/A 04/11/2013 N 4,313,754.20 4,308,641.95 12/11/2004
701000087 N/A 07/11/2010 N 4,189,872.75 4,182,387.90 11/11/2004
310100088 N/A 06/11/2013 N 4,095,320.27 4,090,964.90 11/11/2004
502768426 06/11/2013 05/16/2033 N 4,034,109.68 4,029,698.66 11/11/2004
502755914 N/A 06/15/2024 N 3,953,183.12 3,945,209.36 12/15/2004
502768925 N/A 06/11/2013 N 3,919,818.69 3,914,637.14 12/11/2004
502755808 N/A 01/11/2013 N 3,909,924.71 3,905,316.86 11/11/2004
310100014 N/A 12/11/2012 N 3,888,612.67 3,884,304.92 11/11/2004
502765720 N/A 04/11/2013 N 3,823,554.97 3,819,023.66 12/11/2004
502749508 N/A 11/11/2012 N 3,808,679.22 3,804,340.15 11/11/2004
502762508 04/11/2013 04/11/2033 N 3,721,140.15 3,717,025.28 11/11/2004
310100057 N/A 03/11/2013 N 3,624,259.47 3,619,965.97 09/11/2004
701000098 N/A 05/11/2013 N 3,553,690.88 3,549,526.90 12/11/2004
310100092 N/A 06/11/2013 N 3,536,797.87 3,532,629.30 11/11/2004
310100094 N/A 06/11/2013 N 3,536,797.87 3,532,629.30 11/11/2004
701000101 N/A 05/11/2023 N 3,460,377.43 3,451,889.83 11/11/2004
502735515 N/A 04/11/2013 N 3,345,404.64 3,336,621.03 12/11/2004
502765613 06/11/2013 05/16/2033 N 3,368,625.56 3,364,589.93 11/11/2004
310100085 N/A 04/11/2013 N 3,228,822.67 3,224,667.41 11/11/2004
502736006 N/A 03/11/2013 N 3,160,755.67 3,153,097.31 11/11/2004
701000106 N/A 04/11/2013 N 3,139,635.91 3,136,034.72 12/11/2004
502755923 N/A 02/15/2019 N 3,013,430.32 3,007,131.12 12/15/2004
502753022 N/A 06/11/2013 N 3,044,763.79 3,041,129.32 11/11/2004
701000109 N/A 06/11/2013 N 3,024,355.79 3,019,441.26 12/11/2004
502751738 N/A 04/11/2013 N 3,000,792.92 2,997,474.62 12/11/2004
128878895 N/A 09/01/2026 N 2,811,904.51 2,809,736.42 12/01/2004
502765330 N/A 05/11/2008 N 2,777,042.34 2,773,728.84 11/11/2004
701000113 N/A 04/11/2013 N 2,747,181.36 2,744,030.31 12/11/2004
310100095 N/A 06/11/2013 N 2,639,746.75 2,632,791.41 11/11/2004
410100100 N/A 06/11/2013 N 2,670,116.56 2,667,071.01 11/11/2004
502765609 05/11/2013 05/11/2023 N 2,546,786.48 2,540,534.99 12/11/2004
310100096 N/A 06/11/2013 N 2,526,856.39 2,523,712.51 11/11/2004
410100101 N/A 06/11/2013 N 2,359,280.21 2,356,579.34 11/11/2004
502770502 N/A 06/11/2013 N 2,308,127.34 2,305,372.18 11/11/2004
310100089 N/A 05/11/2008 N 2,276,122.51 2,273,382.04 11/11/2004
502768321 N/A 06/11/2013 N 2,145,957.93 2,142,450.40 11/11/2004
310100062 04/11/2013 04/11/2033 N 2,117,211.71 2,114,679.82 12/11/2004
701000123 N/A 06/11/2023 N 2,021,783.06 2,016,784.00 11/11/2004
701000124 N/A 05/11/2013 N 2,013,802.94 2,011,515.32 11/11/2004
310100015 N/A 12/11/2012 N 1,976,100.09 1,973,911.00 11/11/2004
701000126 N/A 03/11/2013 N 1,935,836.63 1,932,320.96 12/11/2004
701000127 N/A 03/11/2013 N 1,935,836.63 1,932,320.96 12/11/2004
502756535 04/11/2013 04/03/2028 N 1,906,254.29 1,903,117.94 12/11/2004
310100070 N/A 04/11/2013 N 1,735,183.68 1,723,706.32 12/11/2004
801000130 N/A 06/01/2013 N 1,755,266.67 1,752,368.36 12/01/2004
701000131 N/A 03/11/2013 N 1,765,085.03 1,763,086.90 12/11/2004
701000132 N/A 02/11/2013 N 1,762,649.05 1,760,648.43 12/11/2004
701000133 N/A 06/11/2013 N 1,668,609.78 1,666,555.96 12/11/2004
502763514 N/A 06/11/2013 N 1,659,360.41 1,657,460.80 11/11/2004
502765328 N/A 05/11/2013 N 1,638,749.39 1,636,794.08 11/11/2004
502755922 N/A 02/15/2019 N 1,576,436.56 1,571,240.41 12/15/2004
310100043 N/A 02/11/2013 N 1,621,928.78 1,620,375.51 11/11/2004
310100016 N/A 12/11/2012 N 1,594,575.80 1,592,809.36 11/11/2004
125129420 N/A 06/01/2017 N 1,593,253.64 1,592,120.51 12/01/2004
502746509 N/A 03/11/2013 N 1,544,460.11 1,540,717.95 11/11/2004
502763203 N/A 05/11/2013 N 1,569,739.69 1,567,849.71 11/11/2004
310100093 N/A 06/11/2013 N 1,535,852.70 1,531,805.96 11/11/2004
701000143 N/A 06/11/2013 N 1,541,251.22 1,539,367.77 12/11/2004
701000144 N/A 05/11/2018 N 1,470,361.50 1,464,162.13 11/11/2004
701000145 N/A 06/11/2013 N 1,431,359.75 1,429,780.16 12/11/2004
701000146 N/A 05/11/2013 N 1,404,237.26 1,402,017.86 11/11/2004
701000147 N/A 04/11/2013 N 1,385,273.09 1,382,960.70 11/11/2004
125157750 N/A 12/01/2019 N 1,374,574.21 1,373,502.68 12/01/2004
310100072 N/A 04/11/2013 N 1,261,138.68 1,252,796.89 12/11/2004
310100073 N/A 04/11/2013 N 733,428.13 728,576.87 12/11/2004
310100074 N/A 04/11/2013 N 545,474.20 541,305.38 12/11/2004
310100071 N/A 04/11/2013 N 453,095.45 449,632.64 12/11/2004
Totals 1,182,659,549.82 1,181,366,603.83
Loan Appraisal Appraisal Res. Mod.
Number Reduction Reduction Strat. Code
Date Amount (2) (3)
<s> <c> <c> <c> <c>
310100057 13
Totals 0.00
<FN>
(1) Property Type Code
MF - Multi-Family
RT - Retail
HC - Health Care
IN - Industrial
WH - Warehouse
MH - Mobile Home Park
OF - Office
MU - Mixed Use
LO - Lodging
SS - Self Storage
OT - Other
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
Date # Balance # Balance # Balance
<s> <c> <c> <c> <c> <c> <c>
12/15/2004 0 $0.00 2 $23,895,277.62 0 $0.00
11/15/2004 0 $0.00 0 $0.00 0 $0.00
10/15/2004 1 $5,139,804.62 0 $0.00 0 $0.00
09/15/2004 1 $4,042,199.70 0 $0.00 0 $0.00
08/16/2004 0 $0.00 0 $0.00 0 $0.00
07/15/2004 0 $0.00 0 $0.00 0 $0.00
06/15/2004 0 $0.00 0 $0.00 0 $0.00
05/17/2004 0 $0.00 0 $0.00 0 $0.00
04/15/2004 0 $0.00 0 $0.00 0 $0.00
03/15/2004 0 $0.00 0 $0.00 0 $0.00
02/17/2004 0 $0.00 0 $0.00 0 $0.00
01/15/2004 0 $0.00 0 $0.00 0 $0.00
Distribution Foreclosure REO Modifications
Date # Balance # Balance # Balance
<s> <c> <c> <c> <c> <c> <c>
12/15/2004 0 $0.00 0 $0.00 0 $0.00
11/15/2004 0 $0.00 0 $0.00 0 $0.00
10/15/2004 0 $0.00 0 $0.00 0 $0.00
09/15/2004 0 $0.00 0 $0.00 0 $0.00
08/16/2004 0 $0.00 0 $0.00 0 $0.00
07/15/2004 0 $0.00 0 $0.00 0 $0.00
06/15/2004 0 $0.00 0 $0.00 0 $0.00
05/17/2004 0 $0.00 0 $0.00 0 $0.00
04/15/2004 0 $0.00 0 $0.00 0 $0.00
03/15/2004 0 $0.00 0 $0.00 0 $0.00
02/17/2004 0 $0.00 0 $0.00 0 $0.00
01/15/2004 0 $0.00 0 $0.00 0 $0.00
Prepayments Rate and Maturities
Distribution Curtailments Payoff Next Weighted Avg. WAM
Date # Amount # Amount Coupon Remit
<s> <c> <c> <c> <c> <c> <c> <c>
12/15/2004 0 $0.00 0 $0.00 5.627864% 5.578466% 98
11/15/2004 0 $0.00 0 $0.00 5.627911% 5.579277% 99
10/15/2004 0 $0.00 0 $0.00 5.627952% 5.579318% 100
09/15/2004 0 $0.00 0 $0.00 5.627998% 5.579363% 101
08/16/2004 0 $0.00 0 $0.00 5.628038% 5.579403% 102
07/15/2004 0 $0.00 0 $0.00 5.628079% 5.579442% 103
06/15/2004 0 $0.00 0 $0.00 5.628123% 5.579486% 104
05/17/2004 0 $0.00 0 $0.00 5.628162% 5.579524% 105
04/15/2004 0 $0.00 0 $0.00 5.628206% 5.579567% 106
03/15/2004 0 $0.00 0 $0.00 5.628245% 5.579605% 107
02/17/2004 0 $0.00 0 $0.00 5.628292% 5.579651% 108
01/15/2004 0 $0.00 0 $0.00 5.628328% 5.579686% 109
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
Delinquency Loan Detail
Offering # of Paid Through Current Outstanding Status of
Loan Number Document Months Date P & I P & I Mortgage
Cross- Delinq. Advances Advances ** Loan (1)
Reference
<s> <c> <c> <c> <c> <c> <c>
343005011 1 0 11/11/2004 391,655.04 391,655.04 A
502767418 2 0 11/11/2004 270,641.61 270,641.61 A
502762819 8 0 11/11/2004 135,851.09 135,851.09 A
310100068 9 0 11/11/2004 118,284.45 118,284.45 A
801000010 10 2 09/01/2004 117,480.69 352,434.01 2
502764302 12 0 11/11/2004 105,485.03 105,485.03 A
310100005 20 0 11/11/2004 96,447.32 96,447.32 A
502720204 23 0 11/11/2004 87,044.89 87,044.89 A
701000025 25 0 11/11/2004 83,591.64 83,591.64 A
701000027 27 0 11/11/2004 64,359.75 64,359.75 A
502749415 28 0 11/11/2004 82,939.67 82,939.67 A
502765717 29 0 11/11/2004 74,516.47 74,516.47 A
502768418 33 0 11/11/2004 68,496.88 68,496.88 A
502769502 38 0 11/11/2004 64,651.14 64,651.14 A
701000043 43 0 11/11/2004 36,166.67 36,166.67 A
310100103 44 0 11/11/2004 47,091.34 47,091.34 A
502766015 45 0 11/11/2004 44,113.12 44,113.12 A
410100091 49 0 11/11/2004 44,010.25 44,010.25 A
701000050 50 0 11/11/2004 40,473.99 40,473.99 A
701000053 53 0 11/11/2004 38,535.75 38,535.75 A
502741201 58 0 11/11/2004 39,330.88 39,330.88 A
310100099 61 0 11/11/2004 36,286.80 36,286.80 A
310100069 63 0 11/11/2004 43,677.17 43,677.17 A
310100050 64 0 11/11/2004 38,758.54 38,758.54 A
701000065 65 0 11/11/2004 34,736.46 34,736.46 A
502772602 67 0 11/11/2004 37,140.79 37,140.79 A
701000068 68 0 11/11/2004 33,586.09 33,586.09 A
502754814 69 0 11/11/2004 27,900.00 27,900.00 A
502759109 70 0 11/11/2004 32,197.05 32,197.05 A
701000071 71 0 11/11/2004 30,552.29 30,552.29 A
310100056 74 0 11/11/2004 30,835.08 30,835.08 A
502764713 76 0 11/11/2004 33,872.81 33,872.81 A
701000077 77 0 11/11/2004 29,523.94 29,523.94 A
701000078 78 0 11/11/2004 22,579.74 22,579.74 A
502767415 80 0 11/11/2004 28,098.73 28,098.73 A
310100087 81 0 11/11/2004 31,805.31 31,805.31 A
502760701 83 0 11/11/2004 29,684.41 29,684.41 A
701000087 87 0 11/11/2004 25,501.31 25,501.31 A
310100088 88 0 11/11/2004 25,207.37 25,207.37 A
502768426 89 0 11/11/2004 24,447.09 24,447.09 A
502755808 92 0 11/11/2004 23,082.24 23,082.24 A
310100014 93 0 11/11/2004 24,010.05 24,010.05 A
502749508 95 0 11/11/2004 23,255.51 23,255.51 A
502762508 96 0 11/11/2004 22,596.53 22,596.53 A
310100057 97 2 09/11/2004 21,236.91 63,710.34 2
310100092 99 0 11/11/2004 20,526.25 20,526.25 A
310100094 100 0 11/11/2004 20,526.25 20,526.25 A
701000101 101 0 11/11/2004 26,395.06 26,395.06 A
502765613 103 0 11/11/2004 19,362.88 19,362.88 A
310100085 104 0 11/11/2004 17,931.58 17,931.58 A
502736006 105 0 11/11/2004 24,015.27 24,015.27 A
502753022 108 0 11/11/2004 17,538.88 17,538.88 A
502765330 112 0 11/11/2004 16,064.76 16,064.76 A
310100095 114 0 11/11/2004 18,504.22 18,504.22 A
410100100 115 0 11/11/2004 15,639.60 15,639.60 A
310100096 117 0 11/11/2004 14,198.89 14,198.89 A
410100101 118 0 11/11/2004 13,789.48 13,789.48 A
502770502 119 0 11/11/2004 13,295.61 13,295.61 A
310100089 120 0 11/11/2004 13,096.82 13,096.82 A
502768321 121 0 11/11/2004 13,843.89 13,843.89 A
701000123 123 0 11/11/2004 15,209.06 15,209.06 A
701000124 124 0 11/11/2004 11,987.44 11,987.44 A
310100015 125 0 11/11/2004 12,201.32 12,201.32 A
502763514 134 0 11/11/2004 9,795.39 9,795.39 A
502765328 135 0 11/11/2004 9,479.91 9,479.91 A
310100043 137 0 11/11/2004 10,757.72 10,757.72 A
310100016 138 0 11/11/2004 9,845.62 9,845.62 A
502746509 140 0 11/11/2004 11,734.74 11,734.74 A
502763203 141 0 11/11/2004 9,032.30 9,032.30 A
310100093 142 0 11/11/2004 10,766.09 10,766.09 A
701000144 144 0 11/11/2004 12,889.51 12,889.51 A
701000146 146 0 11/11/2004 9,345.91 9,345.91 A
701000147 147 0 11/11/2004 8,961.70 8,961.70 A
Totals 73 3,168,476.04 3,445,902.79
Resolution Servicing Actual Outstanding
Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO
Number Code (2) Date Date Balance Advances Date Date
<s> <c> <c> <c> <c> <c> <c> <c>
343005011 68,726,230.18 0.00
502767418 44,249,568.29 0.00
502762819 23,868,919.41 0.00
310100068 20,379,143.53 0.00
801000010 20,299,836.01 0.00
502764302 17,683,552.87 0.00
310100005 15,183,004.41 0.00
502720204 14,731,092.73 0.00
701000025 14,236,670.18 0.00
701000027 14,145,000.00 0.00
502749415 13,743,765.47 0.00
502765717 12,950,351.82 0.00
502768418 11,777,825.70 0.00
502769502 10,090,217.35 0.00
701000043 8,750,000.00 0.00
310100103 8,105,468.93 0.00
502766015 7,945,077.06 0.00
410100091 7,133,085.75 0.00
701000050 7,109,956.57 0.00
701000053 6,963,363.32 0.00
502741201 6,677,302.94 0.00
310100099 6,381,225.27 0.00
310100069 6,338,938.52 0.00
310100050 6,367,082.78 0.00
701000065 6,276,834.63 0.00
502772602 5,908,968.00 0.00
701000068 5,938,288.14 0.00
502754814 6,000,000.00 0.00
502759109 5,875,370.11 0.00
701000071 5,581,358.82 0.00
310100056 5,335,316.31 0.00
502764713 5,202,565.27 0.00
701000077 5,135,071.84 0.00
701000078 4,990,000.00 0.00
502767415 4,715,430.21 0.00
310100087 4,685,195.85 0.00
502760701 4,546,805.49 0.00
701000087 4,189,872.75 0.00
310100088 4,095,320.27 0.00
502768426 4,034,109.68 0.00
502755808 3,909,924.71 0.00
310100014 3,888,612.67 0.00
502749508 3,808,679.22 0.00
502762508 3,721,140.15 0.00
310100057 13 11/09/2004 3,632,222.14 0.00
310100092 3,536,797.87 0.00
310100094 3,536,797.87 0.00
701000101 3,460,377.43 0.00
502765613 3,368,625.56 0.00
310100085 3,228,822.67 0.00
502736006 3,160,755.67 0.00
502753022 3,044,763.79 0.00
502765330 2,777,042.34 0.00
310100095 2,639,746.75 0.00
410100100 2,670,116.56 0.00
310100096 2,526,856.39 0.00
410100101 2,359,280.21 0.00
502770502 2,308,127.34 0.00
310100089 2,276,122.51 0.00
502768321 2,145,957.93 0.00
701000123 2,021,783.06 0.00
701000124 2,013,802.94 0.00
310100015 1,976,100.09 0.00
502763514 1,659,360.41 0.00
502765328 1,638,749.39 0.00
310100043 1,621,928.78 0.00
310100016 1,594,575.80 0.00
502746509 1,544,460.11 0.00
502763203 1,569,739.69 0.00
310100093 1,535,852.70 0.00
701000144 1,470,361.50 0.00
701000146 1,404,237.26 0.00
701000147 1,385,273.09 0.00
Totals 539,784,181.06 0.00
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances** Balance Advances
<s> <c> <c> <c> <c>
Totals By Delinquency Code:
Total for Status Code = 2 (2 loans) 138,717.60 416,144.35 23,932,058.15 0.00
Total for Status Code = A (71 loans) 3,029,758.44 3,029,758.44 515,852,122.91 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
Offering Servicing Resolution Scheduled Property Interest Actual
Loan Document Transfer Strategy Balance Type (2) State Rate Balance
Number Cross Date Code (1)
Reference
<s> <c> <c> <c> <c> <c> <c> <c> <c>
310100057 97 11/09/2004 13 3,619,965.97 MF TX 5.650% 3,632,222.14
Net Remaining
Loan Operating DSCR Note Maturity Amortization
Number Income Date DSCR Date Date Term
<s> <c> <c> <c> <c> <c> <c>
310100057 67,961.62 06/30/2004 0.53 04/11/2003 03/11/2013 338
<FN>
(1) 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
(2) Property Type Code
MF - Multi-Family
RT - Retail
HC - Health Care
IN - Industrial
WH - Warehouse
MH - Mobile Home Park
OF - Office
MU - Mixed Use
LO - Lodging
SS - Self Storage
OT - Other
</FN>
Specially Serviced Loan Detail - Part 2
Offering
Document Resolution Site Other REO
Loan Cross Strategy Inspection Phase 1 Appraisal Appraisal Property
Number Reference Code (1) Date Date Date Value Revenue
<s> <c> <c> <c> <c> <c> <c> <c>
310100057 97 13 02/14/2003 4,750,000.00
Loan
Number Comments from Special Servicer
<s> <c>
310100057 Bwr is unable to keep the loan current due to cash flow problems.
<FN>
(1) 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
</FN>
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans