8-K 1 mdc03tp11_oct.txt OCTOBER 8K SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report : October 14, 2003 (Date of earliest event reported) Commission File No.: 333-104283 Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2003-TOP11 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2123732 54-2123733 54-2123734 54-6553636 (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 October 14, 2003 a distribution was made to holders of Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2003-TOP11. 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 2003-TOP11 relating to the October 14, 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. Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-TOP11 By: Wells Fargo Bank Minnesota, N.A., as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: October 14, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates Series 2003-TOP11, relating to the October 14, 2003 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045 Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-TOP11 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 10/14/2003 Record Date: 09/30/2003 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 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 - 20 Specially Serviced Loan Detail 21 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 Depositor Morgan Stanley Capital I, Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number : (212) 761-4700 Master Servicer Wells Fargo Bank, National Association 45 Fremont Street, 2nd Floor investorreporting@wellsfargo.com San Francisco, CA 94105 Contact: Matilde Sanchez Phone Number: (212)222-2364 Special Servicer ARCap Servicing, Inc. 5605 N. MacArthur Blvd. Irving, TX 75038 Contact: Chris Crouch Phone Number: (972) 580-1688 Ex 333 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the 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 A-1 61746WG79 3.260000% 150,000,000.00 ~~150~~148,~~000~~784,~~000~~972.0027 1,~~215~~343,~~027~~916.7349 A-2 61746WG87 4.340000% 175,000,000.00 175,000,000.00 0.00 A-3 61746WG95 4.850000% 165,114,000.00 165,114,000.00 0.00 A-4 61746WH29 5.150000% 561,379,000.00 561,379,000.00 0.00 B 61746WH37 5.~~327717~~177366% 31,366,000.00 31,366,000.00 0.00 C 61746WH45 5.~~587717~~437366% 32,859,000.00 32,859,000.00 0.00 D 61746WH52 5.~~587717~~437366% 13,443,000.00 13,443,000.00 0.00 E 61746WH86 5.~~587717~~437366% 14,936,000.00 14,936,000.00 0.00 F 61746WH94 5.~~587717~~437366% 7,468,000.00 7,468,000.00 0.00 G 61746WJ27 5.~~587717~~437366% 7,468,000.00 7,468,000.00 0.00 H 61746WJ35 5.316000% 11,948,000.00 11,948,000.00 0.00 J 61746WJ43 5.316000% 2,988,000.00 2,988,000.00 0.00 K 61746WJ50 5.316000% 2,987,000.00 2,987,000.00 0.00 L 61746WJ68 5.316000% 2,987,000.00 2,987,000.00 0.00 M 61746WJ76 5.316000% 2,987,000.00 2,987,000.00 0.00 N 61746WJ84 5.316000% 11,949,395.09 11,949,395.09 0.00 R-I N/A 0.000000% 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 R-III N/A 0.000000% 0.00 0.00 0.00 Totals 1,194,879,395.09 1,~~194~~193,~~879~~664,~~395~~367.0936 1,~~215~~343,~~027~~916.7349

Class CUSIP Interest Prepayment Realized Loss/ Total Current Distribution Penalties Additional Trust Distribution Ending Balance Subordination Fund Expenses Level(1) A-1 61746WG79 ~~407~~404,~~500~~199.0017 0.00 0.00 1,~~622~~748,~~527~~115.7366 ~~148~~147,~~784~~441,~~972~~055.2778 12.0103% A-2 61746WG87 632,916.67 0.00 0.00 632,916.67 175,000,000.00 12.0103% A-3 61746WG95 667,335.75 0.00 0.00 667,335.75 165,114,000.00 12.0103% A-4 61746WH29 2,409,251.54 0.00 0.00 2,409,251.54 561,379,000.00 12.0103% B 61746WH37 ~~139~~135,~~257~~327.6572 0.00 0.00 ~~139~~135,~~257~~327.6572 31,366,000.00 9.3840% C 61746WH45 ~~153~~148,~~005~~888.6768 0.00 0.00 ~~153~~148,~~005~~888.6768 32,859,000.00 6.6364% D 61746WH52 6260,~~596~~912.4009 0.00 0.00 6260,~~596~~912.4009 13,443,000.00 5.51% E 61746WH86 6967,~~548~~677.4608 0.00 0.00 6967,~~548~~677.4608 14,936,000.00 4.2526% F 61746WH94 3433,~~774~~838.2354 0.00 0.00 3433,~~774~~838.2354 7,468,000.00 3.63% G 61746WJ27 3433,~~774~~838.2354 0.00 0.00 3433,~~774~~838.2354 7,468,000.00 3.0001% H 61746WJ35 52,929.64 0.00 0.00 52,929.64 11,948,000.00 2.00% J 61746WJ43 13,236.84 0.00 0.00 13,236.84 2,988,000.00 1.75% K 61746WJ50 13,232.41 0.00 0.00 13,232.41 2,987,000.00 1.50% L 61746WJ68 13,232.41 0.00 0.00 13,232.41 2,987,000.00 1.25% M 61746WJ76 13,232.41 0.00 0.00 13,232.41 2,987,000.00 1.00% N 61746WJ84 52,935.82 0.00 0.00 52,935.82 11,949,395.09 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-III N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 4,~~769~~752,~~760~~985.1331 0.00 0.00 56,~~984~~096,~~787~~901.8680 1,~~193~~192,~~664~~320,~~367~~450.3687

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 61746WH60 0.~~172416~~158335% 1,194,879,395.09 1,~~194~~193,~~879~~664,~~395~~367.0936 X-2 61746WH78 0.~~679451~~543810% 1,099,299,000.00 1,099,299,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 61746WH60 ~~171~~157,~~679~~498.9879 0.00 ~~171~~157,~~679~~498.9879 1,~~193~~192,~~664~~320,~~367~~450.3687 X-2 61746WH78 ~~622~~498,~~433~~174.5646 0.00 ~~622~~498,~~433~~174.5646 1,099,299,000.00 (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).

Certificate Factor Detail Prepayment Realized Loss/ Ending Beginning Principal Interest Penalties Additional Trust Balance Class CUSIP Balance Distribution Distribution Fund Expenses A-1 61746WG79 ~~1,000~~991.~~00000000~~89981513 8.~~10018487~~95944327 2.~~71666667~~69466113 0.00000000 0.00000000 ~~991~~982.~~89981513~~94037187 A-2 61746WG87 1,000.00000000 0.00000000 3.61666669 0.00000000 0.00000000 1,000.00000000 A-3 61746WG95 1,000.00000000 0.00000000 4.04166667 0.00000000 0.00000000 1,000.00000000 A-4 61746WH29 1,000.00000000 0.00000000 4.29166666 0.00000000 0.00000000 1,000.00000000 B 61746WH37 1,000.00000000 0.00000000 4.~~43976439~~31447172 0.00000000 0.00000000 1,000.00000000 C 61746WH45 1,000.00000000 0.00000000 4.~~65643111~~53113850 0.00000000 0.00000000 1,000.00000000 D 61746WH52 1,000.00000000 0.00000000 4.~~65643086~~53113814 0.00000000 0.00000000 1,000.00000000 E 61746WH86 1,000.00000000 0.00000000 4.~~65643144~~53113819 0.00000000 0.00000000 1,000.00000000 F 61746WH94 1,000.00000000 0.00000000 4.~~65643144~~53113819 0.00000000 0.00000000 1,000.00000000 G 61746WJ27 1,000.00000000 0.00000000 4.~~65643144~~53113819 0.00000000 0.00000000 1,000.00000000 H 61746WJ35 1,000.00000000 0.00000000 4.43000000 0.00000000 0.00000000 1,000.00000000 J 61746WJ43 1,000.00000000 0.00000000 4.43000000 0.00000000 0.00000000 1,000.00000000 K 61746WJ50 1,000.00000000 0.00000000 4.43000000 0.00000000 0.00000000 1,000.00000000 L 61746WJ68 1,000.00000000 0.00000000 4.43000000 0.00000000 0.00000000 1,000.00000000 M 61746WJ76 1,000.00000000 0.00000000 4.43000000 0.00000000 0.00000000 1,000.00000000 N 61746WJ84 1,000.00000000 0.00000000 4.42999998 0.00000000 0.00000000 1,000.00000000 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount X-1 61746WH60 ~~1,000~~998.~~00000000~~98313777 0.~~14367976~~13181145 0.00000000 ~~998~~997.~~98313777~~85840794 X-2 61746WH78 1,000.00000000 0.~~56620952~~45317467 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 0901,935.0067 Servicing Advances Outstanding ~~40,791~~0.9300 Reimbursement for Interest on Advances 0.00 paid from general collections Current Period Accrued Servicing Fees 51,975.14 Less Delinquent Servicing Fees 10,566.63 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 0.00 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 41,408.51

~~Servicing~~Certificate ~~Fee~~Interest ~~Summary~~Reconciliation ~~Current~~Class ~~Period~~ Accrued ~~Servicing~~Net ~~Fees~~Aggregate 53Previously Distributable Distributable Certificate Prepayment Realized Unpaid Interest Certificate Certificate Remaining Interest Interest Losses/ (including Interest Interest Interest Unpaid Shortfall Expense Losses interest thereon) Adjustment Distribution Interest A-1 404,~~468~~199.4417 ~~Less~~0.00 ~~Delinquent~~0.00 ~~Servicing~~0.00 ~~Fees~~404,199.17 0.00 ~~Less~~404,199.17 ~~Reductions~~0.00 toA-2 ~~Servicing~~632,916.67 ~~Fees~~0.00 0.00 ~~Plus~~0.00 ~~Servicing~~632,916.67 ~~Fees~~0.00 ~~for~~632,916.67 ~~Delinquent~~0.00 ~~Payments~~A-3 ~~Received~~667,335.75 0.00 ~~Plus~~0.00 ~~Adjustments~~0.00 ~~for~~667,335.75 ~~Prior~~0.00 ~~Servicing~~667,335.75 ~~Calculation~~0.00 A-4 2,409,251.54 0.00 0.00 0.00 2,409,251.54 0.00 2,409,251.54 0.00 X-1 157,498.79 0.00 0.00 0.00 157,498.79 0.00 157,498.79 0.00 X-2 498,174.46 0.00 0.00 0.00 498,174.46 0.00 498,174.46 0.00 B 135,327.72 0.00 0.00 0.00 135,327.72 0.00 135,327.72 0.00 C 148,888.68 0.00 0.00 0.00 148,888.68 0.00 148,888.68 0.00 D 60,912.09 0.00 0.00 0.00 60,912.09 0.00 60,912.09 0.00 E 67,677.08 0.00 0.00 0.00 67,677.08 0.00 67,677.08 0.00 F 33,838.54 0.00 0.00 0.00 33,838.54 0.00 33,838.54 0.00 G 33,838.54 0.00 0.00 0.00 33,838.54 0.00 33,838.54 0.00 H 52,929.64 0.00 0.00 0.00 52,929.64 0.00 52,929.64 0.00 J 13,236.84 0.00 0.00 0.00 13,236.84 0.00 13,236.84 0.00 K 13,232.41 0.00 0.00 0.00 13,232.41 0.00 13,232.41 0.00 L 13,232.41 0.00 0.00 0.00 13,232.41 0.00 13,232.41 0.00 M 13,232.41 0.00 0.00 0.00 13,232.41 0.00 13,232.41 0.00 N 52,935.82 0.00 0.00 0.00 52,935.82 0.00 52,935.82 0.00 Total ~~Servicing~~5,408,658.56 ~~Fees~~0.00 ~~Collected~~0.00 530.00 5,~~468~~408,658.4456 0.00 5,408,658.56 0.00

~~Certificate~~Other ~~Interest~~Required ~~Reconciliation~~Information ~~Class~~Available ~~Accrued~~Distribution ~~Net~~Amount ~~Aggregate Previously Distributable Distributable Certificate Prepayment Realized Unpaid Interest Certificate Certificate Remaining Interest Interest Losses/~~ (~~including Interest Interest Interest Unpaid Shortfall Expense Losses interest thereon~~1) ~~Adjustment Distribution Interest A-1 407~~6,~~500~~752,575.0005 ~~0.00~~Principal ~~0.00~~Distribution ~~0.00~~Amount ~~407~~1,~~500.00 0.00 407~~343,~~500~~916.0047 ~~0.00~~(a) ~~A-2~~Principal ~~632,916.67~~portion ~~0.00~~of ~~0.00~~Scheduled ~~0.00~~Payments ~~632~~1,~~916.67 0.00 632~~343,916.6747 ~~0.00~~and ~~A-3~~any ~~667,335.75~~Assumed ~~0.00~~Scheduled ~~0.00~~Payments ~~0.00~~(b) ~~667,335.75~~Principal ~~0.00~~Prepayments ~~667,335.75~~ 0.00 ~~A-4~~(c) ~~2,409,251.54~~Principal ~~0.00~~Portion ~~0.00~~of ~~0.00~~Balloon ~~2,409,251.54~~Payments 0.00 ~~2,409,251.54~~(d) ~~0.00 X-1 171~~Liquidation,~~679.98~~ ~~0.00 0.00 0.00 171~~Condemnation,~~679.98~~ ~~0.00 171~~Purchase,~~679.98~~ 0.00 ~~X-2~~and ~~622,433.56~~Insurance ~~0.00~~Proceeds ~~0.00~~and ~~0.00~~REO ~~622,433.56~~Income ~~0.00~~Received ~~622,433.56~~on ~~0.00~~a BMortgage ~~139,257.65~~Loan ~~0.00~~Aggregate ~~0.00~~Number ~~0.00~~of ~~139,257.65~~Outstanding ~~0.00~~Mortgage ~~139,257.65~~Loans ~~0.00~~188 CAggregate ~~153,005.67~~Unpaid ~~0.00~~Principal ~~0.00~~Balance ~~0.00~~of ~~153,005.67~~the ~~0.00~~Mortgage ~~153,005.67~~Loans ~~0.00 D 62~~1,~~596~~192,411,740.4056 ~~0.00~~Aggregate ~~0.00~~Scheduled ~~0.00~~Principal ~~62,596.40~~Balance ~~0.00~~of ~~62,596.40~~the ~~0.00~~Mortgage ELoans 691,~~548~~192,320,450.4689 ~~0.00~~Interest ~~0.00~~Reserve ~~0.00~~Account ~~69,548.46~~Deposits 0.00 ~~69,548.46~~Withdrawals 0.00 FTotal ~~34,774.23~~Servicing ~~0.00~~and ~~0.00~~Special ~~0.00~~Servicing ~~34,774.23~~Fee ~~0.00~~Paid 3441,~~774~~408.2351 ~~0.00~~Servicing GFee 34paid 41,~~774~~408.2351 ~~0.00~~Special ~~0.00~~Servicing ~~0.00~~Fee ~~34,774.23~~paid 0.00 ~~34,774.23~~Trustee ~~0.00~~Fee HPaid 521,~~929~~004.6467 ~~0.00~~Paying ~~0.00~~Agent ~~0.00~~Fee ~~52,929.64~~Paid ~~0.00 52~~1,~~929~~124.6403 ~~0.00~~(1) JThe ~~13,236.84~~Available ~~0.00~~Distribution ~~0.00~~Amount ~~0.00~~includes ~~13,236.84~~any ~~0.00~~Prepayment ~~13,236.84~~Premiums 0.00 KExpense ~~13,232.41~~Losses ~~0.00~~(Additional ~~0.00~~Trust ~~0.00~~Fund ~~13,232.41~~Expenses) 0.00 ~~13,232.41~~(i) ~~0.00~~Special LServicing ~~13,232.41~~and ~~0.00~~Liquidation ~~0.00~~Fees 0.00 ~~13,232.41~~(ii) ~~0.00~~Advance ~~13,232.41~~Interest 0.00 M(iii) ~~13,232.41~~Indemnification ~~0.00~~Expenses 0.00 ~~0.00~~(iv) ~~13,232.41~~Taxes ~~0.00~~Imposed ~~13,232.41~~on ~~0.00~~the NTrust ~~52,935.82~~ 0.00 ~~0.00~~(v) ~~0.00~~Amount ~~52,935.82~~of ~~0.00~~any ~~52,935.82~~Advance ~~0.00~~not ~~Total~~Recovered ~~5,563,873.67~~ 0.00 ~~0.00~~upon ~~0.00~~a ~~5,563,873.67~~Final ~~0.00~~Recovery ~~5,563,873.67 0.00~~Determination

Other Required Information Available Distribution Amount (1) 6,778,901.40 Principal Distribution Amount 1,215,027.74 (a) Principal portion of Scheduled Payments 1,215,027.74 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 0.00 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 188 Aggregate Unpaid Principal Balance of the Mortgage Loans 1,193,664,367.50 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,193,664,367.38 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 53,468.44 Servicing Fee paid 53,468.44 Special Servicing Fee paid 0.00 Trustee Fee Paid 1,033.06 Paying Agent Fee Paid 1,155.80 (1) The Available Distribution Amount includes any Prepayment Premiums.

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,~~619~~462,~~530~~762.9340 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,~~619~~462,~~530~~762.9340 Principal: Scheduled Principal 1,~~215~~343,~~027~~916.7447 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,~~215~~343,~~027~~916.7447 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,~~834~~806,~~558~~678.6787 Total Funds Distributed Fees: Master Servicing Fee 5351,~~468~~975.4414 Trustee Fee 1,~~033~~004.0667 Certificate Administration Fee 1,~~155~~124.8003 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 5554,~~657~~103.2984 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 5,~~563~~408,~~873~~658.6756 Principal Distribution 1,~~215~~343,~~027~~916.7349 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,~~778~~752,~~901~~575.4005 Total Funds Distributed 6,~~834~~806,~~558~~678.6989

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

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) Below 1,000,000 7 6,~~590~~580,~~104~~066.5602 0.55 ~~116~~115 6.1831 2.~~033616~~033673 1,000,001 to 2,000,000 41 6160,~~028~~923,~~391~~987.4984 5.11 ~~127~~126 5.~~8449~~8448 2.~~138017~~138360 2,000,001 to 3,000,000 32 80,~~414~~270,~~011~~917.5591 6.7473 ~~128~~127 5.~~8167~~8166 1.~~866807~~866901 3,000,001 to 4,000,000 22 77,~~594~~485,~~408~~980.3793 6.50 ~~116~~115 5.~~5580~~5579 2.~~107278~~107508 4,000,001 to 5,000,000 18 81,~~716~~618,~~318~~083.1387 6.85 ~~124~~122 5.~~5047~~5045 2.~~125869~~126208 5,000,001 to 6,000,000 11 60,~~759~~692,~~142~~272.0727 5.09 ~~127~~126 5.~~5706~~5705 1.~~954739~~954990 6,000,001 to 7,000,000 7 4544,~~022~~921,~~717~~150.0656 3.77 ~~118~~117 5.~~5423~~5426 1.~~727372~~727547 7,000,001 to 8,000,000 5 37,~~831~~796,~~023~~309.4580 3.17 ~~115~~114 5.~~8112~~8111 1.~~652815~~652846 8,000,001 to 9,000,000 7 60,~~204~~172,~~444~~518.1008 5.0405 ~~111~~110 5.~~3418~~3415 2.~~153619~~153935 9,000,001 to 10,000,000 6 55,~~542~~464,~~989~~398.5823 4.65 ~~140~~139 5.8532 1.~~540824~~540744 10,000,001 to 15,000,000 16 200,~~299~~083,~~735~~177.8451 16.78 ~~113~~112 5.~~4308~~4305 2.~~142368~~142786 15,000,001 to 20,000,000 9 147,~~987~~859,~~975~~902.3965 12.40 ~~111~~110 5.~~4993~~4989 2.~~086890~~087323 20,000,001 to 30,000,000 5 ~~120~~119,~~008~~899,~~077~~384.9566 10.0506 ~~100~~99 5.~~3073~~3070 2.~~243760~~244172 30,000,001 and greater 2 158,~~665~~552,~~027~~300.8456 13.2930 ~~100~~99 5.~~1427~~1422 2.~~541077~~541462 Totals 188 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112

State(3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Alabama 1 15,~~949~~934,~~756~~880.2080 1.34 ~~116~~115 6.4500 1.880000 Arizona 11 49,~~065~~019,~~444~~298.65 4.11 ~~116~~115 5.7643 1.~~826046~~826030 California 67 ~~365~~364,~~160~~610,~~002~~995.6960 30.5958 ~~126~~125 5.~~5378~~5377 2.~~011000~~011217 Colorado 5 20,~~729~~702,~~343~~602.1175 1.74 ~~108~~107 5.9681 1.~~585485~~585497 Connecticut 5 36,~~522~~487,~~446~~793.6905 3.06 ~~110~~109 5.~~3098~~3095 2.~~567149~~567422 Delaware 1 4,~~453~~436,~~147~~920.4986 0.37 ~~177~~176 5.6000 1.410000 Florida 10 45,~~613~~569,~~663~~902.0511 3.82 ~~119~~118 5.~~3879~~3876 2.~~484220~~484705 Georgia 3 35,~~228~~208,~~357~~105.1236 2.95 ~~103~~102 4.~~9745~~9740 2.~~345690~~346200 Hawaii 1 13,~~733~~720,~~954~~926.6099 1.15 9695 7.0000 1.490000 Idaho 1 1,~~195~~193,~~401~~713.1672 0.10 ~~117~~116 6.2600 1.650000 Illinois 12 52,~~560~~499,~~999~~087.9558 4.40 ~~126~~125 5.~~5005~~5004 1.~~979687~~980308 Indiana 2 9,700,000.00 0.81 9897 5.4191 1.768969 Kentucky 2 16,~~775~~756,~~178~~469.5889 1.41 ~~116~~115 5.~~8112~~8111 1.~~489708~~489717 Louisiana 1 9,~~058~~049,~~464~~177.6232 0.76 ~~109~~108 6.1700 1.390000 Maryland 5 44,~~574~~516,~~512~~802.2282 3.73 ~~115~~114 5.~~8998~~8999 1.~~557709~~557675 Massachusetts 6 119,~~476~~407,~~607~~807.5073 10.01 7372 5.~~1319~~1312 2.~~634882~~635446 Michigan 3 26,~~708~~647,~~733~~082.8419 2.2423 ~~235~~234 5.7400 1.950000 Minnesota 4 7,~~807~~789,~~847~~471.8200 0.65 ~~116~~115 5.5330 2.~~319044~~318918 Montana 1 2,~~614~~604,~~304~~946.8978 0.22 ~~176~~175 5.9100 1.260000 Nevada 2 5,~~309~~303,~~959~~164.8490 0.44 ~~117~~116 5.1891 2.~~065425~~065444 New Jersey 9 83,~~730~~693,~~913~~959.0096 7.0102 9695 4.~~9572~~9570 2.~~626939~~627359 New Mexico 2 109,~~016~~997,~~546~~328.2493 0.84 ~~116~~115 5.~~7318~~7317 1.~~577130~~577190 New York 11 70,~~078~~016,~~146~~801.7350 5.87 ~~116~~115 5.~~1494~~1492 2.~~268668~~269023 Ohio 1 12,~~548~~520,~~810~~963.4585 1.05 8281 5.9000 1.650000 Oklahoma 1 1,005,100.00 0.08 ~~117~~116 5.0500 2.680000 Oregon 2 7,~~591~~581,~~003~~525.9247 0.64 ~~115~~114 5.~~3530~~3529 2.~~093772~~093813 Pennsylvania 4 12,~~602~~582,~~514~~517.9252 1.06 ~~115~~114 6.~~5495~~5493 1.~~577537~~577505 Rhode Island 1 12,900,000.00 1.08 8079 5.1000 2.480000 South Carolina 1 9,~~100~~090,~~235~~792.2416 0.76 ~~114~~113 5.9500 1.410000 Tennessee 2 12,~~825~~806,~~441~~359.6528 1.07 ~~116~~115 5.9676 1.~~429792~~429791 Texas 19 38,~~029~~001,~~192~~047.7739 3.19 ~~123~~122 5.~~4719~~4716 2.~~208226~~208520 Utah 1 1,~~277~~272,~~489~~800.3253 0.11 ~~115~~114 5.7100 1.340000 Virginia 1 10,~~921~~911,~~175~~261.8567 0.9192 ~~111~~110 6.7500 1.300000 Washington 3 14,~~504~~486,~~060~~711.8938 1.22 ~~114~~113 5.6900 1.~~680286~~680285 Wisconsin 2 14,~~295~~294,~~610~~131.3815 1.20 8786 4.~~6025~~6023 2.~~931938~~932073 Totals 203 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112

Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.20 or less 2 16,~~736~~699,~~661~~796.0744 1.40 ~~108~~107 7.~~2390~~2391 1.~~196302~~196306 1.21 to 1.30 7 42,~~400~~337,~~699~~919.1151 3.55 ~~134~~133 6.~~4534~~4535 1.~~281859~~281869 1.31 to 1.40 14 60,~~642~~534,~~511~~420.1825 5.08 ~~138~~137 5.8960 1.~~374713~~374727 1.41 to 1.50 18 103,~~933~~752,~~535~~912.8728 8.7170 ~~126~~125 5.~~9410~~9413 1.~~459777~~459771 1.51 to 1.60 16 7372,~~067~~970,~~490~~586.3628 6.12 ~~115~~114 5.8367 1.~~546134~~546133 1.61 to 1.70 22 ~~116~~115,~~057~~864,~~001~~604.5926 9.72 ~~110~~109 5.~~6219~~6221 1.~~652234~~652229 1.71 to 1.80 19 112,~~768~~611,~~082~~416.1934 9.4544 ~~105~~104 5.~~5411~~5410 1.~~753681~~753684 1.81 or greater 90 ~~668~~667,~~058~~548,~~386~~795.0153 55.9799 ~~112~~111 5.~~2117~~2114 2.~~550663~~550943 Totals 188 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112

Property Type (3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 34 161,~~956~~638,~~347~~435.1837 13.5756 ~~143~~142 5.~~7732~~7735 1.~~868995~~869204 Lodging 2 18,~~716~~680,~~795~~766.4471 1.57 9493 6.~~1241~~1242 1.~~762045~~762112 Mixed Use 5 37,~~416~~385,~~651~~958.4037 3.1314 ~~103~~102 5.~~2654~~2652 2.~~404039~~404282 Mobile Home Park 8 55,~~106~~058,~~655~~185.1454 4.62 ~~120~~119 5.1741 2.~~393003~~393342 Multi-Family 22 101,~~875~~767,~~020~~102.8223 8.5354 ~~122~~121 5.~~4041~~4039 2.~~052995~~053326 Office 33 ~~395~~394,~~035~~657,~~789~~279.4999 33.0910 ~~105~~104 5.~~4483~~4479 2.~~135147~~135491 Other 5 31,~~068~~043,~~596~~857.0300 2.60 ~~100~~99 6.~~0857~~0855 1.~~921179~~921394 Retail 77 338,~~680~~328,~~301~~732.3780 28.3738 ~~115~~114 5.~~4285~~4281 2.~~118021~~118417 Self Storage 17 53,~~808~~760,~~210~~132.5188 4.51 ~~100~~99 5.~~4478~~4476 2.~~393886~~394255 Totals 203 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112

Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 5.500% or less 66 ~~563~~562,~~089~~673,~~748~~295.7652 47.1719 9998 4.~~9680~~9678 2.~~571288~~571713 5.501% to 6.000% 79 ~~438~~437,~~571~~920,~~188~~057.1636 36.7473 ~~130~~129 5.7368 1.~~772439~~772450 6.001% to 6.500% 32 132,~~493~~305,~~312~~629.5605 11.10 ~~131~~130 6.2567 1.~~538364~~538414 6.501% to 7.000% 9 41,~~703~~651,~~049~~539.7943 3.49 ~~113~~112 6.~~7694~~7695 1.~~569884~~569809 7.001% to 7.500% 2 17,~~807~~769,~~068~~929.1153 1.49 ~~104~~103 7.3333 1.203889 7.5% or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 188 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112

Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less ~~186~~185 1,~~164~~161,~~431~~019,~~610~~018.9910 97.5537 ~~115~~114 5.~~4498~~4473 2.~~127110~~129022 13 to 24 months 2 2917,~~232~~580,~~756~~505.3980 21.4547 ~~100~~103 7.~~1644~~2306 1.~~336246~~209621 25 to 36 months 01 013,720,926.0099 01.0015 095 07.0000 01.~~000000~~490000 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 188 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112

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) 60 months or less 8 103,~~989~~960,~~450~~081.3857 8.7172 5554 4.~~8292~~8290 2.~~771734~~772035 61 to 120 months 153 ~~909~~908,~~606~~688,~~639~~897.2243 76.2021 ~~108~~107 5.~~5105~~5103 2.~~096854~~097141 121 to 180 months 5 90,~~725~~587,~~529~~187.3704 7.60 ~~154~~153 5.7870 1.~~935444~~935457 181 months and greater 1 2,~~287~~283,~~651~~492.5066 0.19 ~~201~~200 6.2100 1.400000 Totals 167 1,~~106~~105,~~609~~519,~~270~~658.4770 92.7172 ~~107~~106 5.~~4706~~4703 2.~~145600~~145917

Remaining Stated Term (Fully Amortizing Loans) Remaining # of Scheduled % of Weighted Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 12 40,~~802~~653,~~649~~085.3720 3.4241 ~~176~~175 5.6142 1.~~455333~~455328 181 to 240 months 9 46,~~252~~147,~~447~~706.5499 3.87 ~~235~~234 5.8896 1.~~777506~~777491 241 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 21 8786,~~055~~800,~~096~~792.9119 7.2928 ~~208~~207 5.~~7605~~7606 1.~~626504~~626606

Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 20 254,747,250.00 21.3437 8079 4.7172 3.026597 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 3 9,~~600~~564,~~865~~258.1882 0.80 9190 5.~~0441~~0442 1.~~620393~~620382 181 to 240 months 20 91,~~219~~014,~~978~~004.3230 7.6463 ~~109~~108 6.~~0379~~0380 1.~~835857~~835797 241 to 300 months 51 247,~~661~~277,~~821~~760.7287 20.7574 ~~123~~122 5.7721 1.~~823698~~823703 301 to 360 months 73 ~~503~~502,~~379~~916,~~355~~384.2571 42.1718 ~~113~~112 5.~~6089~~6088 1.~~924273~~924364 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 167 1,~~106~~105,~~609~~519,~~270~~658.4770 92.7172 ~~107~~106 5.~~4706~~4703 2.~~145600~~145917

Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Underwriter's Information 188 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112 1 year or less 0 0.00 0.00 0 0.0000 0.000000 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 188 1,~~193~~192,~~664~~320,~~367~~450.3889 100.00 ~~115~~114 5.~~4918~~4915 2.~~107742~~108112 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrower on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (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 each property as disclosed in the offering document. Note: (i) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 600872350 1 OF Boston MA ~~338~~327,~~524~~604.3117 0.00 4.625% 600872301 2 OF Costa Mesa CA 352,~~901~~364.0338 112,~~190~~727.6328 5.740% 700201093 003 004 IN Various Various ~~154~~149,~~608~~508.2586 2025,~~842~~941.5897 6.450% 600872302 5 IN Troy MI 9,~~799~~463.8247 4,~~230~~566.4378 5.740% 600872303 6 IN Troy MI 7370,~~498~~975.6899 3134,~~728~~250.2392 5.740% 600872304 7 IN Troy MI 4847,~~999~~317.1232 2122,~~152~~833.1595 5.740% 850201139 8 OF Oakland CA ~~114~~110,~~379~~574.3993 2630,~~619~~423.2571 5.175% 850201166 9 OF New York NY 9289,~~690~~700.00 0.00 4.680% 310901067 10 IN Van Nuys CA ~~104~~101,~~671~~071.0926 4852,~~727~~327.7861 5.500% 850201186 11 RT Smyrna GA 79,908.33 0.00 4.460% 310901121 12 MH Davie FL 8482,~~797~~062.9250 0.00 5.050% 600872305 13 MF Monterey CA 7169,~~429~~125.1700 0.00 4.740% 600872344 14 OF Gaithersburg MD 9087,~~782~~781.2450 1316,~~877~~878.6135 6.250% 310901139 15 OF Beverly Hills CA 6765,~~851~~591.0702 1719,~~357~~617.2025 4.930% 600872306 16 OF Germantown MD 75,~~885~~769.1780 24,~~288~~404.9835 5.700% 850201174 017 018 Various East Hanover NJ 61,393.02 0.00 4.685% 850201098 19 RT Edison NJ 7573,~~596~~090.9025 1416,~~451~~958.8853 5.650% 310900360 20 OF Bedford MA 9794,~~745~~413.0753 2932,~~297~~628.4094 7.310% 310901157 21 OF Concord CA 7168,~~337~~968.8680 1517,~~216~~585.2632 5.350% 850201128 22 MU Greenwich CT 7269,~~052~~664.9758 1315,~~565~~953.1352 5.670% 850201146 23 MF Lexington KY 7169,~~884~~502.8169 1315,~~340~~723.9204 5.690% 600872307 24 RT LaGrange IL 6967,~~620~~313.9549 1215,~~995~~303.8329 5.690% 850201165 25 MU Edgewater NJ 54,658.33 0.00 4.685% 850201187 26 OT Honolulu HI 8280,~~847~~114.2874 1013,~~295~~027.0761 7.000% 850201119 27 RT Racine WI 48,840.00 0.00 4.440% 850201134 28 OF Providence RI 54,825.00 0.00 5.100% 310901026 29 LO Independence OH 6361,~~885~~698.2932 2527,~~659~~846.6360 5.900% 850201147 30 RT West Paterson NJ 43,238.65 0.00 4.685% 850201178 31 IN Santa Fe Springs CA 4846,~~466~~735.8727 3941,~~295~~027.9656 5.135% 850201097 32 RT Mays Landing NJ 5048,~~366~~669.3438 1617,~~201~~898.4743 5.350% 600872345 33 OF Suffolk VA 6361,~~524~~431.7961 79,~~821~~914.0018 6.750% 850201163 34 MF New York NY 4644,~~282~~740.2372 1113,~~731~~272.0556 4.965% 600872308 35 RT Stamford CT 4846,~~121~~521.4268 1012,~~740~~340.8761 5.300% 850201148 36 RT Brick NJ 37,552.08 0.00 4.375% 310901179 37 RT Chandler AZ 4443,~~524~~047.2870 810,~~714~~191.9452 5.550% 600872309 38 RT Alpharetta GA 4442,~~462~~987.0847 810,~~585~~060.4708 5.640% 600872310 39 MF Boiling Springs SC 4645,~~666~~122.5400 79,~~898~~443.5408 5.950% 700200916 40 OF Metairie LA 4846,~~169~~575.0061 79,~~693~~287.9130 6.170% 600872311 41 IN Peabody MA 4745,~~477~~869.8129 1516,~~166~~775.9042 6.090% 600872312 42 OF Memphis TN 4543,~~383~~860.0151 1113,~~945~~468.7323 5.880% 700201133 43 RT Mission Viejo CA 4039,~~848~~530.5383 0.00 5.330% 700201053 44 IN Kirkland WA 4442,~~101~~640.6209 89,~~062~~524.7427 5.790% 850201157 045 051 RT Various Various 36,227.02 0.00 5.050% 850201111 52 RT San Marcos TX 4240,~~370~~967.7956 78,~~530~~933.2952 5.805% 850201156 053 059 RT Various TX 35,450.37 0.00 5.050% 850201154 60 RT Windsor CT 29,321.54 0.00 4.390% 310901064 61 MH Glendale AZ 3735,~~076~~880.00 0.00 5.520% 310901101 62 RT Yuba City CA 3837,~~908~~620.6203 68,~~889~~178.5009 5.830% 850201137 63 RT Pasadena CA 3836,~~097~~836.1234 67,~~460~~720.1391 5.915% 600872313 64 RT West Nyack NY 3534,~~762~~576.9236 78,~~104~~290.0258 5.560% 850201115 65 OF Denver CO 3938,~~617~~291.3446 910,~~198~~524.1907 6.250% 310900825 66 RT Farmington NM 3534,~~382~~169.0038 1415,~~445~~658.6527 5.920% 610901155 67 IN Rancho Cucamonga CA 2827,~~059~~053.5337 2526,~~575~~581.2743 4.740% 600872314 68 RT Orland Park IL 3130,~~842~~770.0364 910,~~360~~431.5291 5.670% 310901007 69 RT Brandon FL 2928,~~314~~326.4819 910,~~713~~701.3665 5.270% 850201189 70 LO San Diego CA 3433,~~988~~821.2412 78,~~015~~182.0113 6.580% 850201112 71 MH Countryside IL 2827,~~445~~428.0885 2122,~~902~~918.0831 5.405% 850201114 72 MF Corvallis OR 2726,~~277~~370.7374 67,~~185~~092.8180 5.250% 310900793 73 IN Sausalito CA 2928,~~777~~787.5726 67,~~069~~059.5384 5.880% 600872315 74 MH Casa Grande AZ 2423,~~316~~505.1978 67,~~395~~205.4990 4.880% 610901174 75 MF Fullerton CA 2322,~~301~~550.6700 0.00 4.920% 700201113 76 OF New York NY 25,~~995~~132.4389 56,~~232~~095.9751 5.500% 600872316 77 MF Middletown NY 2423,~~030~~219.1631 89,~~411~~222.3520 5.090% 600872317 78 RT Lone Tree CO 2928,~~545~~569.2142 45,~~355~~330.0281 6.260% 600872318 79 OF Greenbelt MD 2726,~~260~~345.3817 78,~~440~~355.2546 5.780% 850201055 80 OT New York NY 2524,~~524~~676.0811 56,~~446~~293.0097 5.425% 310901140 81 RT Plano TX 2625,~~463~~586.3618 45,~~995~~873.9917 5.650% 310900905 82 RT Sacramento CA 3028,~~000~~976.0150 1011,~~409~~432.4394 6.430% 600872319 83 MF Greenwood IN 2524,~~528~~705.5000 0.00 5.490% 310901062 84 SS Truckee CA 23,~~871~~079.3815 45,~~769~~561.5578 5.580% 310901130 85 IN Redondo Beach CA 19,~~915~~273.7833 0.00 4.720% 700201088 86 OF Agoura Hills CA 2322,~~534~~753.0242 45,~~595~~376.8545 5.600% 850201133 87 RT Allentown PA 2726,~~710~~766.4230 910,~~126~~070.1931 6.605% 850201142 88 SS Lincolnwood IL 2120,~~236~~551.9488 0.00 5.085% 310901131 89 RT Studio City CA 19,~~715~~079.1417 0.00 4.820% 850201164 90 SS San Clemente CA 2221,~~450~~705.6067 45,~~519~~264.3831 5.500% 600872321 91 RT Hiram GA 23,~~959~~139.7654 910,~~371~~191.4668 6.060% 600872347 92 OF Tucson AZ 2322,~~421~~645.1087 34,~~981~~756.0326 5.940% 310901102 93 SS Costa Mesa CA 20,~~783~~093.4213 45,~~429~~119.3261 5.380% 850201161 94 RT Dover DE 2120,~~548~~781.6235 1516,~~459~~226.3663 5.600% 850201121 95 OT Philadelphia PA 2322,~~313~~543.9835 34,~~652~~423.7942 6.100% 310901063 96 MH Demotte IN 19,~~735~~099.8117 0.00 5.330% 310901112 97 OF West Hollywood CA 2120,~~064~~366.5758 34,~~892~~590.6564 5.700% 600872322 98 RT Miami FL 8,~~320~~040.2178 2,~~323~~602.2972 5.700% 600872323 99 RT Pembroke Pines FL 1211,~~267~~855.7262 3,~~447~~859.1121 5.700% 850201172 100 MU Medford and Malden MA 18,~~945~~293.3932 910,~~356~~008.0613 5.250% 600872324 101 MH Las Vegas NV 17,~~608~~021.2743 45,~~631~~218.2307 4.880% 600872325 102 RT New Lenox IL 2019,~~316~~643.8110 34,~~900~~574.5526 5.640% 310901034 103 OF Denver CO 18,~~644~~016.7508 6,~~224~~852.0370 5.250% 850201167 104 OF Newark NJ 1615,~~223~~700.3300 0.00 4.710% 850201138 105 MH Lothian MD 18,~~784~~160.3585 34,~~851~~475.9848 5.470% 850201124 106 RT Houston TX 1817,~~336~~727.2911 34,~~975~~584.3654 5.340% 850201153 107 RT Malden MA 1716,~~382~~783.6483 89,~~788~~387.4728 5.200% 600872326 108 RT Memphis TN 2019,~~610~~920.6345 45,~~923~~614.9614 6.170% 310901059 109 SS Goleta CA 18,~~762~~131.0040 5,~~342~~973.4000 5.700% 600872327 110 RT Roseville CA 1817,~~629~~990.5335 8,~~006~~645.2745 5.730% 850201140 111 SS Chicago IL 16,~~534~~001.6325 0.00 5.100% 850201143 112 SS River Grove IL 15,~~982~~466.4488 0.00 5.085% 600872328 113 RT Jacksonville FL 17,~~718~~123.3666 45,~~805~~400.5020 5.780% 700201159 114 MU New York NY 1716,~~149~~580.0393 3,~~142~~710.8191 5.690% 410901098 115 MH Blaine MN 14,~~963~~446.1961 8,~~135~~651.2684 5.000% 410901077 116 SS Morgan Hill CA 1716,~~015~~452.9107 3,~~117~~681.3620 5.750% 410900192 117 SS Palm Springs CA 16,~~973~~403.9899 45,~~565~~135.3534 5.900% 410901145 118 SS Palm Springs CA 15,~~607~~082.2141 45,~~657~~182.6848 5.500% 410901068 119 RT Sylmar CA 17,~~808~~177.1525 1011,~~666~~297.9787 6.350% 410901117 120 OF Glendora CA 1615,~~248~~703.3505 4,~~355~~900.0232 5.830% 410901045 121 IN Newbury Park CA 1716,~~069~~497.7588 4,~~149~~720.0693 6.140% 600872329 122 SS Del Rey Oaks CA 15,~~644~~126.9638 23,~~927~~446.8543 5.700% 410901118 123 OF Seattle WA 1514,~~340~~824.5770 45,~~501~~017.7966 5.600% 410901079 124 MF Santa Cruz CA 14,~~919~~417.1810 45,~~541~~043.2533 5.500% 410901147 125 OF Albuquerque NM 1413,~~144~~674.6166 3,~~089~~559.0904 5.310% 850201125 126 RT Orlando FL 13,~~752~~295.2233 23,~~981~~438.5241 5.340% 600872348 127 RT Huntington NY 14,~~951~~456.6036 23,~~670~~165.1034 5.810% 600872330 128 RT Evanston IL 1413,~~331~~855.0257 23,~~834~~310.6409 5.570% 410901073 129 RT Redding CA 15,~~673~~148.4332 34,~~839~~364.4152 6.100% 410901049 130 OF San Diego CA 1413,~~050~~566.3087 67,~~586~~069.3275 5.500% 600872331 131 RT Boca Raton FL 13,~~727~~266.7439 34,~~961~~422.4782 5.610% 410901075 132 IN Colorado Springs CO 13,~~448~~001.0195 23,~~626~~072.2026 5.600% 600872332 133 RT Sun City CA 1312,~~387~~927.3385 56,~~825~~285.8937 5.690% 310900948 134 IN Fountain Valley CA 13,~~793~~330.1520 34,~~602~~065.9994 6.000% 600872333 135 MF Chandler AZ 1211,~~235~~829.9039 23,~~628~~034.1364 5.390% 410901107 136 MF Missoula MT 1312,~~349~~875.8445 89,~~883~~358.7211 5.910% 410901056 137 MF El Cajon CA 12,~~715~~287.2291 34,~~594~~021.4475 5.720% 410901116 138 OF Sacramento CA 12,~~846~~415.5748 3,~~446~~877.4251 5.810% 600872334 139 IN San Diego CA 11,~~744~~700.4894 9,~~499~~543.6923 5.500% 410901100 140 MF Puyallup WA 11,~~697~~308.1482 2,~~419~~807.2658 5.450% 410901094 141 IN Burbank CA 1211,~~415~~998.2942 3,~~388~~804.0087 5.800% 410901065 142 RT Orlando FL 12,~~912~~453.5068 8,~~319~~778.2305 6.100% 410901043 143 OF Santa Fe Springs CA 12,~~685~~265.6199 2,~~066~~486.4406 6.040% 410901060 144 IN El Monte CA 11,~~981~~579.6500 3,~~387~~789.0772 5.720% 600872335 145 RT Goodyear AZ 11,~~394~~016.7064 2,~~277~~655.4450 5.530% 850201068 146 RT Salisbury MD 11,~~479~~093.5687 3,~~210~~595.0776 5.750% 600872336 147 RT Homestead PA 14,~~913~~407.5043 4,~~003~~509.5764 7.490% 600872337 148 RT Glenview IL 11,~~860~~838.0160 4,~~137~~158.4384 6.210% 410901070 149 IN San Bernardino Cou CA 1110,~~368~~963.3975 78,~~817~~222.3600 5.820% 600872338 150 RT Tarrytown NY 10,~~728~~372.8891 2,~~131~~487.2017 5.560% 700201120 151 RT Suffern NY 10,~~388~~039.5008 3,~~121~~470.4284 5.500% 850201117 152 MF Bloomfield NJ 11,~~988~~593.8411 12,~~700~~096.3508 6.350% 410901061 153 IN Salinas CA 10,~~830~~466.7494 3,~~009~~373.6040 5.750% 410901106 154 IN Chatsworth CA 1110,~~214~~816.6461 7,~~302~~700.7073 5.960% 310900845 155 MF Louisville KY 1211,~~139~~733.3647 2,~~579~~985.7665 6.650% 410901057 156 SS Apple Valley CA 10,~~370~~021.0358 23,~~934~~282.3580 5.700% 410901111 157 RT Marana AZ 109,~~167~~831.8537 12,~~720~~056.4997 5.920% 850201122 158 RT Ridgefield CT 9,~~874~~547.7964 12,~~796~~123.6782 5.750% 620901150 159 IN Van Nuys CA 9,~~530~~209.1976 23,~~811~~131.3578 5.550% 410900983 160 OF Wellington FL 109,~~025~~693.4493 1,~~602~~934.6819 6.070% 410901146 161 SS Bakersfield CA 8,~~971~~670.8912 2,~~695~~997.7754 5.500% 850201141 162 SS South Yarmouth MA 87,~~253~~987.9469 0.00 5.085% 600872339 163 MF Houston TX 109,~~022~~680.8945 34,~~700~~042.2367 6.200% 410901050 164 OF Claremont CA 8,~~664~~366.3524 4,~~061~~359.5768 5.500% 410901095 165 166 Various Sacramento CA 8,~~662~~370.0396 2,~~451~~742.0411 5.700% 600872340 167 IN Mangonia Park FL 8,~~985~~683.2170 2,~~322~~623.1869 6.030% 410901055 168 MF Castro Valley CA 8,~~515~~211.4593 6,~~016~~320.7325 5.750% 410901090 169 RT Costa Mesa CA 8,~~457~~177.9275 1,~~516~~797.8805 5.800% 410901099 170 MF Sonoma CA 7,~~555~~304.1038 1,~~529~~780.5224 5.500% 410901058 171 SS Apple Valley CA 7,~~686~~427.0276 2,~~174~~433.8713 5.700% 410901120 172 RT Portland OR 7,~~751~~491.5532 2,~~125~~385.4265 5.750% 410901123 173 MF West St. Paul MN 7,~~330~~079.5710 3,~~157~~409.9138 5.700% 410901072 174 IN Santa Fe Springs CA 7,~~255~~011.4556 2,~~090~~334.7160 5.650% 410901081 175 OF Hauppauge NY 7,~~491~~224.1667 5,~~069~~336.6514 5.880% 850201149 176 SS Bolingbrook IL 6,~~349~~144.1938 0.00 5.085% 410901093 177 RT Fresno CA 87,~~031~~757.5663 23,~~753~~027.6659 6.470% 600872341 178 RT Eagan MN 7,~~354~~102.05 23,~~984~~236.07 5.940% 410901083 179 RT Woodbury MN 7,~~633~~372.6774 23,~~818~~079.6053 6.250% 850201160 180 SS Wheeling IL 65,~~130~~932.2550 0.00 5.085% 410901134 181 RT Pasadena TX 76,~~159~~914.2887 2,~~564~~808.1758 6.300% 410901128 182 RT Sacramento CA 6,~~992~~758.0717 1,~~599~~833.7161 6.270% 410901113 183 MF Provo UT 6,~~303~~078.2972 4,~~464~~688.2279 5.710% 410901104 184 IN Murrieta CA 6,~~760~~535.0168 1,~~212~~437.9831 6.200% 410901163 185 IN Watertown CT 6,~~790~~550.5334 34,~~995~~235.5069 6.350% 410901110 186 IN Boise ID 6,~~451~~236.8101 1,~~471~~687.6444 6.260% 600872342 187 RT Chicago IL 65,~~183~~978.4794 1,~~011~~215.1467 6.000% 410901089 188 IN San Jose CA 65,~~166~~959.0228 1,~~565~~772.6034 6.000% 410901066 189 OF Sacramento CA 6,~~764~~533.6497 2,~~260~~490.1279 6.610% 410901076 190 RT Carson CA 5,~~931~~735.8241 1,~~037~~233.0243 5.860% 410901020 191 OF Las Vegas NV 65,~~145~~940.8838 1,~~371~~576.3787 6.340% 600872343 192 IN Brookfield WI 5,~~997~~989.3834 1,~~471~~479.1923 6.560% 410901069 193 IN Ontario CA 5,~~502~~317.6692 1,~~484~~668.1488 5.850% 410901105 194 IN Santa Monica CA 5,~~390~~198.6077 3,~~743~~935.9174 5.750% 310900936 195 IN Scottsdale AZ 5,~~283~~105.1066 1,~~424~~602.7721 5.911% 410901051 196 OF Upland CA 4,~~800~~635.5235 2,~~250~~415.3249 5.500% 410901092 197 RT Colorado Springs CO 5,~~394~~216.2918 ~~782~~960.4152 6.280% 850201120 198 OT Philadelphia PA 5,~~239~~065.1092 ~~820~~994.8503 6.100% 410901129 199 IN Buena Park CA 4,~~715~~556.3369 1,~~425~~584.5519 5.500% 410901048 200 MU Sacramento CA 54,~~151~~981.9247 ~~850~~1,020.0247 6.010% 410901088 201 MF Tucson AZ 5,~~458~~272.6224 12,~~932~~118.4987 6.390% 410901135 202 RT Pasadena TX 5,~~265~~085.1179 1,~~723~~902.5890 6.600% 410901087 203 MF Tucson AZ 3,~~911~~777.3495 1,~~324~~457.1756 6.540% Totals 5,~~619~~462,~~530~~762.9340 1,~~215~~343,~~027~~916.7447

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 600872350 N/A 04/08/2008 N 85,000,000.00 85,000,000.00 09/08/2003 600872301 N/A 06/01/2016 N 73,~~777~~665,~~218~~027.4784 73,~~665~~552,~~027~~300.8456 0910/01/2003 700201093 N/A 05/01/2013 N 27,~~836~~815,~~443~~601.8325 27,~~815~~789,~~601~~659.2528 0910/01/2003 600872302 N/A 04/01/2023 N 1,~~982~~978,~~655~~424.1774 1,~~978~~973,~~424~~857.7496 0910/01/2003 600872303 N/A 04/01/2023 N 14,~~869~~838,~~913~~185.6845 14,~~838~~803,~~185~~934.4553 0910/01/2003 600872304 N/A 04/01/2023 N 9,~~913~~892,~~275~~123.8065 9,~~892~~869,~~123~~289.6570 0910/01/2003 850201139 N/A 05/01/2010 N 25,~~667~~640,~~183~~564.6742 25,~~640~~610,~~564~~140.4271 0910/01/2003 850201166 N/A 06/01/2013 N 23,000,000.00 23,000,000.00 09/01/2003 310901067 N/A 04/01/2013 N 22,~~100~~051,~~640~~912.0628 2221,~~051~~999,~~912~~584.2867 0910/01/2003 850201186 N/A 07/01/2009 N 21,500,000.00 21,500,000.00 0910/01/2003 310901121 N/A 05/01/2013 N 19,500,000.00 19,500,000.00 0910/01/2003 600872305 N/A 06/01/2013 N 17,500,000.00 17,500,000.00 0910/01/2003 600872344 N/A 12/01/2012 N 16,~~867~~854,~~925~~048.8221 16,~~854~~837,~~048~~169.2186 09/01/2003 310901139 N/A 07/01/2013 N 15,~~982~~965,~~716~~358.1797 15,~~965~~945,~~358~~741.9772 0910/01/2003 600872306 N/A 07/01/2013 N 15,~~975~~951,~~825~~536.8587 15,~~951~~927,~~536~~132.8752 0910/01/2003 850201174 N/A 07/01/2010 N 15,725,000.00 15,725,000.00 0910/01/2003 850201098 N/A 04/01/2013 N 15,~~538~~523,~~044~~592.1729 15,~~523~~506,~~592~~633.2976 0910/01/2003 310900360 N/A 04/01/2012 N 15,~~528~~498,~~099~~801.1879 15,~~498~~466,~~801~~172.7985 0910/01/2003 310901157 N/A 07/01/2013 N 15,~~484~~469,~~853~~637.5226 15,~~469~~452,~~637~~051.2694 0910/01/2003 850201128 N/A 05/01/2013 N 14,~~757~~743,~~392~~827.4633 14,~~743~~727,~~827~~873.3381 0910/01/2003 850201146 N/A 06/01/2013 N 14,~~671~~657,~~200~~859.9098 14,~~657~~642,~~859~~136.9894 0910/01/2003 600872307 N/A 05/03/2013 N 14,~~209~~196,~~163~~167.1027 14,~~196~~180,~~167~~863.2798 0910/03/2003 850201165 N/A 06/01/2010 N 14,000,000.00 14,000,000.00 0910/01/2003 850201187 N/A 09/01/2011 N 13,~~744~~733,~~249~~954.6760 13,~~733~~720,~~954~~926.6099 0910/01/2003 850201119 N/A 04/01/2010 N 13,200,000.00 13,200,000.00 0910/01/2003 850201134 N/A 05/01/2010 N 12,900,000.00 12,900,000.00 0910/01/2003 310901026 N/A 07/01/2010 N 12,~~574~~548,~~470~~810.0845 12,~~548~~520,~~810~~963.4585 0910/01/2003 850201147 N/A 06/01/2010 N 11,075,000.00 11,075,000.00 0910/01/2003 850201178 N/A 07/01/2018 N 10,~~960~~921,~~877~~581.0307 10,~~921~~880,~~581~~553.0751 0910/01/2003 850201097 N/A 04/01/2013 N 10,~~932~~916,~~699~~497.0255 10,~~916~~898,~~497~~599.5512 0910/01/2003 600872345 N/A 12/01/2012 N 10,~~928~~921,~~996~~175.85 10,~~921~~911,~~175~~261.8567 09/01/2003 850201163 N/A 06/01/2013 N 10,~~825~~813,~~197~~466.4943 10,~~813~~800,~~466~~193.4487 0910/01/2003 600872308 N/A 03/01/2013 N 10,~~543~~533,~~950~~209.7285 10,~~533~~520,~~209~~869.8524 0910/01/2003 850201148 N/A 06/01/2010 N 10,300,000.00 10,300,000.00 0910/01/2003 310901179 N/A 07/01/2013 N 9,~~316~~307,~~326~~611.5157 9,~~307~~297,~~611~~420.5705 09/01/2003 600872309 N/A 03/01/2013 N 9,~~154~~146,~~855~~269.3891 9,~~146~~136,~~269~~209.9183 0910/01/2003 600872310 N/A 03/01/2013 N 9,~~108~~100,~~133~~235.7824 9,~~100~~090,~~235~~792.2416 0910/01/2003 700200916 N/A 10/01/2012 N 9,~~066~~058,~~158~~464.5362 9,~~058~~049,~~464~~177.6232 0910/01/2003 600872311 N/A 05/01/2015 N 9,~~053~~038,~~451~~284.4959 9,~~038~~021,~~284~~509.5917 0910/01/2003 600872312 N/A 05/05/2013 N 8,~~963~~951,~~069~~123.3562 8,~~951~~937,~~123~~655.6239 09/05/2003 700201133 N/A 07/01/2013 N 8,900,000.00 8,900,000.00 0910/01/2003 700201053 N/A 02/01/2013 N 8,~~845~~837,~~386~~323.2349 8,~~837~~827,~~323~~799.4922 0910/01/2003 850201157 N/A 06/01/2013 N 8,608,400.00 8,608,400.00 0910/01/2003 850201111 N/A 05/01/2013 N 8,~~476~~468,~~277~~746.2899 8,~~468~~459,~~746~~813.9947 0910/01/2003 850201156 N/A 06/01/2013 N 8,423,850.00 8,423,850.00 0910/01/2003 850201154 N/A 06/01/2010 N 8,015,000.00 8,015,000.00 0910/01/2003 310901064 N/A 04/01/2013 N 7,800,000.00 7,800,000.00 0910/01/2003 310901101 N/A 04/01/2013 N 7,~~750~~743,~~292~~402.0151 7,~~743~~735,~~402~~224.5142 0910/01/2003 850201137 N/A 05/01/2013 N 7,~~479~~473,~~596~~136.5744 7,~~473~~465,~~136~~415.4453 0910/01/2003 600872313 N/A 04/01/2013 N 7,~~469~~462,~~628~~524.4543 7,~~462~~454,~~524~~233.4385 0910/01/2003 850201115 N/A 04/01/2013 N 7,~~361~~351,~~158~~960.2607 7,~~351~~341,~~960~~436.0700 0910/01/2003 310900825 N/A 04/01/2013 N 6,~~940~~926,~~672~~226.2156 6,~~926~~910,~~226~~568.5629 0910/01/2003 610901155 N/A 07/01/2010 N 6,~~874~~848,~~528~~953.7043 6,~~848~~822,~~953~~372.4300 0910/01/2003 600872314 N/A 12/01/2012 N 6,~~521~~512,~~665~~305.6816 6,~~512~~501,~~305~~873.1625 0910/01/2003 310901007 N/A 04/01/2013 N 6,~~459~~449,~~700~~987.3600 6,~~449~~439,~~987~~285.0035 0910/01/2003 850201189 N/A 08/01/2013 N 6,~~175~~167,~~000~~984.0099 6,~~167~~159,~~984~~802.9986 0910/01/2003 850201112 N/A 04/01/2018 N 6,~~111~~089,~~563~~661.6658 6,~~089~~066,~~661~~743.5827 0910/01/2003 850201114 N/A 04/01/2013 N 6,~~033~~027,~~784~~598.1534 6,~~027~~020,~~598~~505.3454 0910/01/2003 310900793 N/A 05/01/2013 N 5,~~881~~874,~~021~~951.2471 5,~~874~~867,~~951~~891.7187 0910/01/2003 600872315 N/A 06/05/2013 N 5,~~786~~780,~~506~~110.2677 5,~~780~~772,~~110~~904.7787 09/05/2003 610901174 N/A 07/01/2013 N 5,500,000.00 5,500,000.00 0910/01/2003 700201113 N/A 06/08/2013 N 5,~~488~~483,~~771~~538.6366 5,~~483~~477,~~538~~443.6615 09/08/2003 600872316 N/A 06/01/2013 N 5,~~482~~474,~~513~~101.0267 5,~~474~~464,~~101~~879.6747 0910/01/2003 600872317 N/A 04/01/2013 N 5,~~480~~476,~~921~~566.4644 5,~~476~~471,~~566~~235.4463 0910/01/2003 600872318 N/A 05/01/2013 N 5,~~477~~469,~~026~~586.4419 5,~~469~~461,~~586~~230.1973 0910/01/2003 850201055 N/A 02/01/2013 N 5,~~463~~458,~~755~~309.33 5,~~458~~452,~~309~~015.3336 0910/01/2003 310901140 N/A 06/01/2013 N 5,~~439~~434,~~229~~233.2728 5,~~434~~428,~~233~~360.2811 0910/01/2003 310900905 N/A 05/01/2023 N 5,~~418~~407,~~153~~744.4502 5,~~407~~396,~~744~~311.0208 0910/01/2003 600872319 N/A 03/01/2013 N 5,400,000.00 5,400,000.00 0910/01/2003 310901062 N/A 02/01/2010 N 4,~~968~~963,~~028~~258.4590 4,~~963~~957,~~258~~697.9012 0910/01/2003 310901130 N/A 06/01/2013 N 4,900,000.00 4,900,000.00 0910/01/2003 700201088 N/A 04/01/2013 N 4,~~880~~875,~~327~~731.7691 4,~~875~~870,~~731~~355.9146 0910/01/2003 850201133 N/A 05/01/2013 N 4,~~872~~862,~~042~~916.6950 4,~~862~~852,~~916~~846.5019 0910/01/2003 850201142 N/A 06/01/2013 N 4,850,000.00 4,850,000.00 0910/01/2003 310901131 N/A 06/01/2013 N 4,750,000.00 4,750,000.00 0910/01/2003 850201164 N/A 06/01/2018 N 4,~~740~~735,~~302~~783.7839 4,~~735~~730,~~783~~519.4008 0910/01/2003 600872321 N/A 04/01/2023 N 4,~~591~~582,~~458~~087.6721 4,~~582~~571,~~087~~895.2153 0910/01/2003 600872347 N/A 03/01/2013 N 4,~~578~~574,~~904~~923.3532 4,~~574~~570,~~923~~167.3206 09/01/2003 310901102 N/A 05/01/2013 N 4,~~486~~481,~~168~~739.5624 4,~~481~~476,~~739~~619.2463 0910/01/2003 850201161 N/A 06/01/2018 N 4,~~468~~453,~~606~~147.8549 4,~~453~~436,~~147~~920.4986 0910/01/2003 850201121 N/A 05/01/2013 N 4,~~438~~434,~~410~~757.2041 4,~~434~~430,~~757~~333.4199 09/01/2003 310901063 N/A 04/01/2010 N 4,300,000.00 4,300,000.00 0910/01/2003 310901112 N/A 06/01/2013 N 4,~~291~~287,~~594~~701.1550 4,~~287~~283,~~701~~110.5086 0910/01/2003 600872322 N/A 05/01/2013 N 1,~~695~~692,~~119~~796.5627 1,~~692~~690,~~796~~193.2755 0910/01/2003 600872323 N/A 05/01/2013 N 2,~~499~~495,~~366~~919.3625 2,~~495~~492,~~919~~060.2504 0910/01/2003 850201172 N/A 07/01/2013 N 4,~~190~~181,~~686~~329.0599 4,~~181~~171,~~329~~321.9986 0910/01/2003 600872324 N/A 06/05/2013 N 4,~~190~~185,~~228~~597.6542 4,~~185~~180,~~597~~379.4235 09/05/2003 600872325 N/A 04/03/2013 N 4,~~183~~179,~~283~~382.3883 4,~~179~~174,~~382~~808.8357 0910/03/2003 310901034 N/A 04/01/2010 N 4,~~124~~117,~~185~~961.0401 4,~~117~~111,~~961~~108.0131 0910/01/2003 850201167 N/A 06/01/2013 N 4,000,000.00 4,000,000.00 0910/01/2003 850201138 N/A 05/01/2013 N 3,~~987~~984,~~950~~098.5759 3,~~984~~979,~~098~~623.5911 0910/01/2003 850201124 N/A 05/01/2013 N 3,~~987~~983,~~595~~620.4408 3,~~983~~979,~~620~~035.0854 0910/01/2003 850201153 N/A 06/01/2013 N 3,~~881~~873,~~979~~191.6013 3,~~873~~863,~~191~~803.1385 0910/01/2003 600872326 N/A 04/01/2013 N 3,~~879~~874,~~241~~318.9903 3,~~874~~868,~~318~~703.0389 0910/01/2003 310901059 N/A 03/01/2008 N 3,~~822~~817,~~478~~136.8242 3,~~817~~811,~~136~~163.42 0910/01/2003 600872327 N/A 05/01/2023 N 3,~~775~~767,~~618~~612.6134 3,~~767~~758,~~612~~966.3489 0910/01/2003 850201140 N/A 05/01/2013 N 3,765,000.00 3,765,000.00 0910/01/2003 850201143 N/A 06/01/2013 N 3,650,000.00 3,650,000.00 0910/01/2003 600872328 N/A 06/01/2013 N 3,~~559~~555,~~889~~084.9444 3,~~555~~549,~~084~~684.4424 0910/01/2003 700201159 N/A 08/08/2013 N 3,~~500~~496,~~000~~857.0019 3,~~496~~493,~~857~~146.1928 09/08/2003 410901098 N/A 05/01/2013 N 3,~~475~~467,~~322~~186.0478 3,~~467~~458,~~186~~534.7894 0910/01/2003 410901077 N/A 04/01/2013 N 3,~~436~~433,~~593~~475.1882 3,~~433~~429,~~475~~794.8262 0910/01/2003 410900192 N/A 01/01/2008 N 3,~~340~~336,~~969~~404.4207 3,~~336~~331,~~404~~268.0773 0910/01/2003 410901145 N/A 07/01/2008 N 3,~~295~~290,~~364~~706.2860 3,~~290~~285,~~706~~524.6012 0910/01/2003 410901068 N/A 04/01/2018 N 3,~~256~~246,~~761~~094.2629 3,~~246~~234,~~094~~796.2942 0910/01/2003 410901117 N/A 05/01/2013 N 3,~~236~~232,~~544~~189.6563 3,~~232~~227,~~189~~289.6331 0910/01/2003 410901045 N/A 03/01/2013 N 3,~~228~~224,~~491~~342.3226 3,~~224~~219,~~342~~621.2633 0910/01/2003 600872329 N/A 04/01/2013 N 3,~~187~~184,~~428~~500.4257 3,~~184~~181,~~500~~054.5714 0910/01/2003 410901118 N/A 04/01/2013 N 3,~~181~~176,~~223~~721.2344 3,~~176~~171,~~721~~703.4478 0910/01/2003 410901079 N/A 04/01/2013 N 3,~~150~~145,~~090~~549.2601 3,~~145~~140,~~549~~505.0168 0910/01/2003 410901147 N/A 06/01/2013 N 3,~~093~~090,~~408~~319.7768 3,~~090~~086,~~319~~760.6864 0910/01/2003 850201125 N/A 05/01/2013 N 2,~~990~~987,~~696~~715.5705 2,~~987~~984,~~715~~276.0564 0910/01/2003 600872348 N/A 04/01/2013 N 2,~~988~~985,~~494~~823.0595 2,~~985~~982,~~823~~658.9561 09/01/2003 600872330 N/A 04/01/2013 N 2,~~987~~985,~~877~~042.5389 2,~~985~~981,~~042~~732.8980 0910/01/2003 410901073 N/A 04/01/2008 N 2,~~983~~979,~~837~~997.2180 2,~~979~~975,~~997~~633.8028 0910/01/2003 410901049 N/A 03/01/2013 N 2,~~966~~960,~~631~~045.3301 2,~~960~~952,~~045~~975.0126 0910/01/2003 600872331 N/A 06/01/2013 N 2,~~841~~837,~~692~~730.1265 2,~~837~~833,~~730~~307.6583 0910/01/2003 410901075 N/A 04/01/2013 N 2,~~788~~786,~~758~~132.7252 2,~~786~~783,~~132~~060.5226 0910/01/2003 600872332 N/A 05/01/2023 N 2,~~732~~726,~~262~~436.6879 2,~~726~~720,~~436~~151.7942 0910/01/2003 310900948 N/A 12/01/2012 N 2,~~669~~666,~~642~~039.5253 2,~~666~~661,~~039~~973.5359 0910/01/2003 600872333 N/A 03/01/2013 N 2,~~636~~633,~~259~~631.3724 2,~~633~~630,~~631~~596.2460 0910/01/2003 410901107 N/A 05/01/2018 N 2,~~623~~614,~~188~~304.6189 2,~~614~~604,~~304~~946.8978 0910/01/2003 410901056 N/A 03/01/2013 N 2,~~581~~577,~~478~~884.4400 2,~~577~~573,~~884~~862.0025 0910/01/2003 410901116 N/A 06/01/2013 N 2,~~567~~564,~~745~~298.0462 2,~~564~~560,~~298~~421.6211 0910/01/2003 600872334 N/A 04/01/2018 N 2,~~562~~552,~~432~~933.7001 2,~~552~~543,~~933~~389.0178 0910/01/2003 410901100 N/A 05/01/2013 N 2,~~492~~490,~~435~~015.2296 2,~~490~~487,~~015~~208.9638 0910/01/2003 410901094 N/A 04/01/2013 N 2,~~485~~482,~~819~~431.06 2,~~482~~478,~~431~~626.0619 0910/01/2003 410901065 N/A 03/01/2018 N 2,~~458~~449,~~222~~903.8461 2,~~449~~441,~~903~~125.6156 0910/01/2003 410901043 N/A 03/01/2013 N 2,~~439~~436,~~019~~952.0561 2,~~436~~434,~~952~~466.6155 0910/01/2003 410901060 N/A 03/01/2013 N 2,~~432~~429,~~546~~159.9891 2,~~429~~425,~~159~~370.9119 0910/01/2003 600872335 N/A 05/01/2013 N 2,~~392~~390,~~867~~589.4197 2,~~390~~387,~~589~~934.9747 0910/01/2003 850201068 N/A 03/01/2013 N 2,~~318~~315,~~452~~242.4336 2,~~315~~311,~~242~~646.3660 0910/01/2003 600872336 N/A 11/01/2012 N 2,~~312~~308,~~269~~266.8932 2,~~308~~303,~~266~~756.3268 0910/01/2003 600872337 N/A 06/01/2020 N 2,~~291~~287,~~788~~651.9350 2,~~287~~283,~~651~~492.5066 0910/01/2003 410901070 N/A 04/01/2018 N 2,~~268~~260,~~384~~567.6731 2,~~260~~252,~~567~~345.31 0910/01/2003 600872338 N/A 04/01/2013 N 2,~~240~~238,~~888~~757.5434 2,~~238~~236,~~757~~270.3417 0910/01/2003 700201120 N/A 06/01/2013 N 2,~~193~~190,~~466~~345.7129 2,~~190~~186,~~345~~874.2945 0910/01/2003 850201117 N/A 04/01/2018 N 2,~~192~~190,~~523~~823.5116 2,~~190~~188,~~823~~727.1608 0910/01/2003 410901061 N/A 04/01/2013 N 2,~~187~~184,~~414~~404.2666 2,~~184~~181,~~404~~031.6626 0910/01/2003 410901106 N/A 06/01/2018 N 2,~~185~~177,~~143~~841.9222 2,~~177~~170,~~841~~140.2249 0910/01/2003 310900845 N/A 09/01/2012 N 2,~~119~~117,~~898~~318.3660 2,~~117~~114,~~318~~332.6095 09/01/2003 410901057 N/A 04/01/2008 N 2,~~112~~109,~~739~~805.8247 2,~~109~~106,~~805~~522.4767 0910/01/2003 410901111 N/A 05/01/2013 N 1,~~994~~992,~~565~~844.4394 1,~~992~~990,~~844~~787.9497 0910/01/2003 850201122 N/A 05/01/2013 N 1,~~994~~992,~~346~~550.9023 1,~~992~~990,~~550~~426.2341 0910/01/2003 620901150 N/A 06/01/2013 N 1,~~994~~991,~~110~~299.4813 1,~~991~~988,~~299~~167.1335 0910/01/2003 410900983 N/A 04/01/2013 N 1,~~918~~916,~~030~~427.3264 1,~~916~~914,~~427~~493.6445 0910/01/2003 410901146 N/A 06/01/2008 N 1,~~894~~891,~~357~~661.6184 1,~~891~~888,~~661~~664.8430 0910/01/2003 850201141 N/A 05/01/2013 N 1,885,000.00 1,885,000.00 0910/01/2003 600872339 N/A 06/03/2023 N 1,~~877~~873,~~335~~635.4724 1,~~873~~869,~~635~~592.2457 0910/03/2003 410901050 N/A 03/01/2013 N 1,~~829~~825,~~422~~361.6306 1,~~825~~821,~~361~~001.0638 0910/01/2003 410901095 N/A 04/01/2013 N 1,~~764~~762,~~759~~308.1410 1,~~762~~759,~~308~~565.1099 0910/01/2003 600872340 N/A 12/01/2012 N 1,~~730~~728,~~421~~099.3214 1,~~728~~725,~~099~~475.1445 0910/01/2003 410901055 N/A 03/01/2018 N 1,~~719~~713,~~811~~794.0532 1,~~713~~707,~~794~~474.3207 0910/01/2003 410901090 N/A 04/01/2013 N 1,~~693~~691,~~465~~948.6577 1,~~691~~690,~~948~~151.7772 09/01/2003 410901099 N/A 05/01/2013 N 1,~~595~~593,~~212~~683.6614 1,~~593~~591,~~683~~902.1490 0910/01/2003 410901058 N/A 04/01/2008 N 1,~~565~~563,~~913~~738.0518 1,~~563~~561,~~738~~305.1805 0910/01/2003 410901120 N/A 06/01/2013 N 1,~~565~~563,~~531~~405.0058 1,~~563~~561,~~405~~019.5893 0910/01/2003 410901123 N/A 06/01/2013 N 1,~~493~~490,~~494~~336.0312 1,~~490~~486,~~336~~926.1274 0910/01/2003 410901072 N/A 04/01/2013 N 1,~~491~~489,~~272~~181.2958 1,~~489~~486,~~181~~846.5898 0910/01/2003 410901081 N/A 04/01/2013 N 1,~~479~~474,~~492~~422.0843 1,~~474~~469,~~422~~086.4329 0910/01/2003 850201149 N/A 06/01/2013 N 1,450,000.00 1,450,000.00 0910/01/2003 410901093 N/A 05/01/2013 N 1,~~441~~438,~~573~~819.0034 1,~~438~~435,~~819~~791.3475 0910/01/2003 600872341 N/A 04/01/2013 N 1,~~437~~434,~~742~~758.1508 1,~~434~~431,~~758~~522.0801 0910/01/2003 410901083 N/A 04/01/2013 N 1,~~418~~415,~~385~~566.4484 1,~~415~~412,~~566~~487.8431 0910/01/2003 850201160 N/A 06/01/2013 N 1,400,000.00 1,400,000.00 0910/01/2003 410901134 N/A 06/01/2013 N 1,~~319~~317,~~682~~118.4629 1,~~317~~314,~~118~~309.2971 0910/01/2003 410901128 N/A 05/01/2013 N 1,~~295~~293,~~028~~428.5281 1,~~293~~291,~~428~~595.8120 0910/01/2003 410901113 N/A 04/01/2013 N 1,~~281~~277,~~953~~489.5432 1,~~277~~272,~~489~~800.3253 0910/01/2003 410901104 N/A 05/01/2013 N 1,~~266~~264,~~183~~970.3840 1,~~264~~263,~~970~~533.40 09 10/01/2003 410901163 N/A 06/01/2018 N 1,~~241~~237,~~854~~859.7828 1,~~237~~233,~~859~~623.2859 0910/01/2003 410901110 N/A 06/01/2013 N 1,~~196~~195,~~872~~401.8016 1,~~195~~193,~~401~~713.1672 0910/01/2003 600872342 N/A 05/01/2013 N 1,~~196~~195,~~799~~788.8672 1,~~195~~194,~~788~~573.7205 0910/01/2003 410901089 N/A 04/01/2013 N 1,~~193~~191,~~422~~856.2767 1,~~191~~190,~~856~~084.6733 0910/01/2003 410901066 N/A 03/01/2023 N 1,~~188~~186,~~458~~198.2210 1,~~186~~183,~~198~~707.1031 0910/01/2003 410901076 N/A 04/01/2013 N 1,~~175~~174,~~523~~486.7876 1,~~174~~173,~~486~~253.7633 0910/01/2003 410901020 N/A 05/01/2013 N 1,~~125~~124,~~733~~362.7942 1,~~124~~122,~~362~~785.4255 0910/01/2003 600872343 N/A 06/05/2018 N 1,~~097~~095,~~081~~610.5738 1,~~095~~094,~~610~~131.3815 09/05/2003 410901069 N/A 03/01/2013 N 1,~~092~~090,~~338~~854.9379 1,~~090~~089,~~854~~185.7991 0910/01/2003 410901105 N/A 05/01/2018 N 1,~~088~~084,~~705~~961.2130 1,~~084~~081,~~961~~025.3056 0910/01/2003 310900936 N/A 12/01/2012 N 1,~~038~~036,~~018~~593.4164 1,~~036~~034,~~593~~991.6443 0910/01/2003 410901051 N/A 03/01/2013 N 1,~~013~~011,~~599~~348.0674 1,~~011~~008,~~348~~933.7425 0910/01/2003 410901092 N/A 05/01/2013 N ~~997,505.48~~ 996,723.07 09995,762.55 10/01/2003 850201120 N/A 05/01/2013 N ~~997,395.54~~ 996,574.69 09995,580.66 10/01/2003 410901129 N/A 05/01/2013 N ~~995,612.42~~ 994,186.87 09992,602.68 10/01/2003 410901048 N/A 03/01/2013 N ~~995,486.91~~ 994,636.89 09993,616.42 10/01/2003 410901088 N/A 04/01/2013 N ~~992,024.76~~ 990,092.27 09987,973.40 10/01/2003 410901135 N/A 06/01/2013 N ~~926,412.47~~ 924,688.89 09922,785.99 10/01/2003 410901087 N/A 04/01/2013 N ~~694,526.05~~ 693,201.88 09691,744.32 10/01/2003 Totals 1,~~194~~193,~~879~~664,~~395~~367.1136 1,~~193~~192,~~664~~320,~~367~~450.3889 Appraisal Appraisal Res Mod Reduction Reduction Strat. Code Date Amount (2) (3) Totals 0.00 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10- Deed In Lieu of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination

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 10/14/2003 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

Prepayments Distribution Curtailments Payoff Date # Amount # Amount 10/14/2003 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00

Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 10/14/2003 5.491472% 5.437081% 114 09/15/2003 5.491757% 5.437366% 115 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Liquidated Loan Detail No Liquidated Loans this Period

Filing Compare · MORGAN STANLEY DEAN WITTER CAPITAL I INC TRUST 2003-TOP 11