8-K 1 bsc03pwr2.txt NOVEMBER 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 : November 12, 2003 (Date of earliest event reported) Commission File No.: 333-86366-03 Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2003-PWR2 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2126349 54-2126350 54-2126351 54-6553654 54-6553655 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On November 12, 2003 distribution was made to holders of Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-PWR2. 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-PWR2, relating to the November 12, 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. Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2003-PWR2 By: Wells Fargo Bank Minnesota, N.A., as Certificate Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: November 12, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-PWR2, relating to the November 12, 2003 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Rd Columbia, MD 21045-1951 Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2003-PWR2 For Additional Information, please contact CTSlink Customer Service 301-815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date:11/12/2003 Record Date: 10/31/2003 DISTRIBUTION DATE STATEMENT Table of Contents Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 - 18 Specially Serviced Loan Detail 19 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Depositor Bear Stearns Commercial Mortgage Securities 383 Madison Avenue New York, NY 10179 Contact: General Information Number Phone Number: (212) 272-2000 Master Servicer Wells Fargo Bank, National Association 45 Fremont Street, 2nd Floor investorreporting@wellsfargo.com San Francisco, CA 94105 Contact: Matilde Sanchez Phone Number: (415) 222-2364 Master Servicer Prudential Asset Resources, Inc. 2200 Ross Avenue, Suite 4900E Dallas, TX 75201 Contact: Hal Collett Phone Number: (214) 721-6032 General Special Servicer GMAC Commercial Mortgage Corporatior 550 California Street San Francisco, CA 94104 Contact: CMBS Portfolio Manager Phone Number (415) 835-9200 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 07383FWC8 3.432000% 92,125,000.00 9291,~~125~~246,~~000~~971.0039 ~~878~~800,~~028~~966.6187 A-2 07383FWD6 4.382000% 125,000,000.00 ~~125~~124,~~000~~420,~~000~~155.0035 ~~579~~528,~~844~~953.6556 A-3 07383FXH6 4.834000% 97,156,000.00 97,156,000.00 0.00 A-4 07383FXJ2 5.186000% 608,255,000.00 608,255,000.00 0.00 B 07383FWE4 5.~~219776~~371840% 26,670,000.00 26,670,000.00 0.00 C 07383FWF1 5.~~318776~~470840% 28,004,000.00 28,004,000.00 0.00 D 07383FWG9 5.~~415776~~567840% 9,334,000.00 9,334,000.00 0.00 E 07383FWK0 5.~~692776~~844840% 12,000,000.00 12,000,000.00 0.00 F 07383FWL8 5.~~692776~~844840% 10,670,000.00 10,670,000.00 0.00 G 07383FWM6 5.~~692776~~844840% 9,335,000.00 9,335,000.00 0.00 H 07383FWN4 5.300000% 13,335,000.00 13,335,000.00 0.00 J 07383FWP9 5.300000% 5,334,000.00 5,334,000.00 0.00 K 07383FWQ7 5.300000% 5,334,000.00 5,334,000.00 0.00 L 07383FWR5 5.300000% 4,000,000.00 4,000,000.00 0.00 M 07383FWS3 5.300000% 5,334,000.00 5,334,000.00 0.00 N 07383FWT1 5.300000% 2,667,000.00 2,667,000.00 0.00 P 07383FWU8 5.300000% 12,002,323.00 12,002,323.00 0.00 R N/A 0.000000% 0.00 0.00 0.00 V N/A 0.000000% 0.00 0.00 0.00 Totals 1,066,555,323.00 1,~~066~~065,~~555~~097,~~323~~449.0074 1,~~457~~329,~~873~~920.2643

Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current Distribution Penalties Additional Trust Distribution Subordination Fund Expenses Level(1) A-1 07383FWC8 ~~263~~260,~~477~~966.5034 0.00 0.00 1,~~141~~061,~~506~~933.1121 9190,~~246~~446,~~971~~004.3952 13.5254% A-2 07383FWD6 ~~456~~454,~~458~~340.3393 0.00 0.00 1983,~~036,302~~294.9849 ~~124~~123,~~420~~891,~~155~~201.3579 13.5254% A-3 07383FXH6 391,376.75 0.00 0.00 391,376.75 97,156,000.00 13.5254% A-4 07383FXJ2 2,628,675.36 0.00 0.00 2,628,675.36 608,255,000.00 13.5254% B 07383FWE4 ~~116~~119,~~009~~389.5215 0.00 0.00 ~~116~~119,~~009~~389.5215 26,670,000.00 11.0203% C 07383FWF1 ~~124~~127,~~122~~671.5018 0.00 0.00 ~~124~~127,~~122~~671.5018 28,004,000.00 8.3940% D 07383FWG9 4243,~~125~~308.7152 0.00 0.00 4243,~~125~~308.7152 9,334,000.00 7.5152% E 07383FWK0 5658,~~927~~448.7640 0.00 0.00 5658,~~927~~448.7640 12,000,000.00 6.39% F 07383FWL8 5051,~~618~~970.2737 0.00 0.00 5051,~~618~~970.2737 10,670,000.00 5.3839% G 07383FWM6 4445,~~285~~467.0599 0.00 0.00 4445,~~285~~467.0599 9,335,000.00 4.51% H 07383FWN4 58,896.25 0.00 0.00 58,896.25 13,335,000.00 3.26% J 07383FWP9 23,558.50 0.00 0.00 23,558.50 5,334,000.00 2.7576% K 07383FWQ7 23,558.50 0.00 0.00 23,558.50 5,334,000.00 2.2526% L 07383FWR5 17,666.67 0.00 0.00 17,666.67 4,000,000.00 1.88% M 07383FWS3 23,558.50 0.00 0.00 23,558.50 5,334,000.00 1.38% N 07383FWT1 11,779.25 0.00 0.00 11,779.25 2,667,000.00 1.13% P 07383FWU8 53,010.26 0.00 0.00 53,010.26 12,002,323.00 0.00% R N/A 0.00 0.00 0.00 0.00 0.00 0.00% V N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 4,~~386~~393,~~104~~642.6892 0.00 0.00 5,~~843~~723,~~977~~563.9435 1,~~065~~063,~~097~~767,~~449~~529.7431

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 07383FWH7 0.~~063700~~066642% 1,066,555,323.00 1,~~066~~065,~~555~~097,~~323~~449.0074 X-2 07383FWJ3 0.~~721107~~858996% 1,026,748,000.00 1,026,748,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 07383FWH7 5659,~~616~~150.3555 0.00 5659,~~616~~150.3555 1,~~065~~063,~~097~~767,~~449~~529.7431 X-2 07383FWJ3 ~~616~~734,~~996~~976.1298 0.00 ~~616~~734,~~996~~976.1298 1,026,748,000.00 (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 Beginning Principal Interest Prepayment Realized Loss/ Class CUSIP Balance Distribution Distribution Penalties Additional Trust Ending Fund Expenses Balance A-1 07383FWC8 ~~1,000~~990.~~00000000~~46916027 98.~~53083973~~69434866 2.~~86000000~~83274182 0.00000000 0.00000000 ~~990~~981.~~46916027~~77481161 A-2 07383FWD6 ~~1,000~~995.~~00000000~~36124280 4.~~63875720~~23162848 3.~~65166664~~63472744 0.00000000 0.00000000 ~~995~~991.~~36124280~~12961432 A-3 07383FXH6 1,000.00000000 0.00000000 4.02833330 0.00000000 0.00000000 1,000.00000000 A-4 07383FXJ2 1,000.00000000 0.00000000 4.32166667 0.00000000 0.00000000 1,000.00000000 B 07383FWE4 1,000.00000000 0.00000000 4.~~34981327~~47653356 0.00000000 0.00000000 1,000.00000000 C 07383FWF1 1,000.00000000 0.00000000 4.~~43231324~~55903371 0.00000000 0.00000000 1,000.00000000 D 07383FWG9 1,000.00000000 0.00000000 4.~~51314656~~63986715 0.00000000 0.00000000 1,000.00000000 E 07383FWK0 1,000.00000000 0.00000000 4.~~74398000~~87070000 0.00000000 0.00000000 1,000.00000000 F 07383FWL8 1,000.00000000 0.00000000 4.~~74398032~~87070009 0.00000000 0.00000000 1,000.00000000 G 07383FWM6 1,000.00000000 0.00000000 4.~~74397965~~87070059 0.00000000 0.00000000 1,000.00000000 H 07383FWN4 1,000.00000000 0.00000000 4.41666667 0.00000000 0.00000000 1,000.00000000 J 07383FWP9 1,000.00000000 0.00000000 4.41666667 0.00000000 0.00000000 1,000.00000000 K 07383FWQ7 1,000.00000000 0.00000000 4.41666667 0.00000000 0.00000000 1,000.00000000 L 07383FWR5 1,000.00000000 0.00000000 4.41666750 0.00000000 0.00000000 1,000.00000000 M 07383FWS3 1,000.00000000 0.00000000 4.41666667 0.00000000 0.00000000 1,000.00000000 N 07383FWT1 1,000.00000000 0.00000000 4.41666667 0.00000000 0.00000000 1,000.00000000 P 07383FWU8 1,000.00000000 0.00000000 4.41666667 0.00000000 0.00000000 1,000.00000000 R N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 V 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 07383FWH7 ~~1,000~~998.~~00000000~~63310114 0.~~05308337~~05545943 0.00000000 ~~998~~997.~~63310114~~38617057 X-2 07383FWJ3 1,000.00000000 0.~~60092264~~71582996 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 1,~~068~~207,~~229~~290.8292 Services Advances Outstanding ~~2,225~~0.1100 Reimbursement for Interest on Advances 0.00 paid from general collections

Servicing Fee Summary Current Period Accrued Master Servicing Fees 3637,~~974~~984.9997 Less Delinquent Master Servicing Fees 69,~~860~~776.1671 Less Reductions to Master Servicing Fees 0.00 Plus Master Servicing Fees for Delinquent Payments Received 06,860.0016 Plus Adjustments for Prior Master Servicing Calculation 0.00 Total Master Servicing Fees Collected 3035,~~114~~068.8342

Certificate Interest Reconciliation Class Accrued Net Aggregate Distribution Distributable Additional Interest Remaining Unpaid Certificate Prepatment Certificate Certificate Interest Trust Fund Distribution Distributable Interest Interest Shortfall Interest Adjustment Expenses Certificate Interest A-1 ~~263~~260,~~477~~966.5034 0.00 ~~263~~260,~~477~~966.5034 0.00 0.00 ~~263~~260,~~477~~966.5034 0.00 A-2 ~~456~~454,~~458~~340.3393 0.00 ~~456~~454,~~458~~340.3393 0.00 0.00 ~~456~~454,~~458~~340.3393 0.00 A-3 391,376.75 0.00 391,376.75 0.00 0.00 391,376.75 0.00 A-4 2,628,675.36 0.00 2,628,675.36 0.00 0.00 2,628,675.36 0.00 X-1 5659,~~616~~150.3555 0.00 5659,~~616~~150.3555 0.00 0.00 5659,~~616~~150.3555 0.00 X-2 ~~616~~734,~~996~~976.1298 0.00 ~~616~~734,~~996~~976.1298 0.00 0.00 ~~616~~734,~~996~~976.1298 0.00 B ~~116~~119,~~009~~389.5215 0.00 ~~116~~119,~~009~~389.5215 0.00 0.00 ~~116~~119,~~009~~389.5215 0.00 C ~~124~~127,~~122~~671.5018 0.00 ~~124~~127,~~122~~671.5018 0.00 0.00 ~~124~~127,~~122~~671.5018 0.00 D 4243,~~125~~308.7152 0.00 4243,~~125~~308.7152 0.00 0.00 4243,~~125~~308.7152 0.00 E 5658,~~927~~448.7640 0.00 5658,~~927~~448.7640 0.00 0.00 5658,~~927~~448.7640 0.00 F 5051,~~618~~970.2737 0.00 5051,~~618~~970.2737 0.00 0.00 5051,~~618~~970.2737 0.00 G 4445,~~285~~467.0599 0.00 4445,~~285~~467.0599 0.00 0.00 4445,~~285~~467.0599 0.00 H 58,896.25 0.00 58,896.25 0.00 0.00 58,896.25 0.00 J 23,558.50 0.00 23,558.50 0.00 0.00 23,558.50 0.00 K 23,558.50 0.00 23,558.50 0.00 0.00 23,558.50 0.00 L 17,666.67 0.00 17,666.67 0.00 0.00 17,666.67 0.00 M 23,558.50 0.00 23,558.50 0.00 0.00 23,558.50 0.00 N 11,779.25 0.00 11,779.25 0.00 0.00 11,779.25 0.00 P 53,010.26 0.00 53,010.26 0.00 0.00 53,010.26 0.00 Total 5,~~059~~187,~~717~~770.1545 0.00 5,~~059~~187,~~717~~770.1545 0.00 0.00 5,~~059~~187,~~717~~770.1545 0.00

Other Required Information Available Distribution Amount (1) 6,517,~~590~~690.4188 Principal Distribution Amount 1,~~461~~329,~~252~~920.1145 (a) Principal portion of Scheduled Payments 1,~~457~~329,~~873~~920.2845 and any Assumed Scheduled Payments (b) Principal Prepayments ~~3,378~~0.8300 (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 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Aggregate Number of Outstanding Mortgage Loans 106 Aggregate Unpaid Principal Balance of the Mortgage Loans 1,~~065~~063,~~310~~979,~~292~~225.7016 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,~~065~~063,~~097~~767,~~449~~529.8239 Total Servicing and Special Servicing Fee Paid 3035,~~114~~068.8342 Servicing Fee paid 3035,~~114~~068.8342 Special Servicing Fee paid 0.00 Trustee Fee paid ~~835~~856.4787 Paying Agent Fee paid 1,~~386~~422.5204 Report Administrator Fee paid 0.00 Expense Losses (Additional Trust Fund Expenses) 0.00 (i) Special Servicing and Liquidation Fees 0.00 (ii) Advance Interest 0.00 (iii) Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,~~098~~228,~~914~~034.1936 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,~~098~~228,~~914~~034.1936 Principal: Scheduled Principal 1,~~454~~329,~~494~~920.45 Unscheduled Principal ~~3,378~~0.8300 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 ~~3,378~~0.8300 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 1,~~457~~329,~~873~~920.2845 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,~~556~~557,~~787~~954.4781 Total Funds Distributed Fees: Master Servicing Fee 3637,~~974~~984.9997 Trustee Fee ~~835~~856.4787 Certificate Administration Fee 1,~~386~~422.5204 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 3940,~~196~~263.9888 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,~~059~~187,~~717~~770.1545 Principal Distribution 1,~~457~~329,~~873~~920.2643 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 6,517,~~590~~690.4188 Total Funds Distributed 6,~~556~~557,~~787~~954.3976

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 999,999 2 1,~~535~~534,~~027~~258.3356 0.14 9998 5.~~6669~~6667 2.~~113766~~114109 1,000,000 to 1,999,999 6 9,~~421~~412,~~477~~820.2330 0.88 ~~107~~106 6.~~0303~~0304 1.~~701148~~701361 2,000,000 to 3,999,999 31 94,~~610~~496,~~637~~955.2410 8.88 ~~120~~119 5.6899 1.~~628628~~628707 4,000,000 to 5,999,999 15 75,~~844~~743,~~634~~027.0192 7.12 ~~122~~121 5.~~6626~~6625 1.~~668362~~668447 6,000,000 to 7,999,999 19 133,~~979~~838,~~983~~184.6290 12.58 ~~114~~113 5.~~5839~~5838 1.~~797206~~797348 8,000,000 to 9,999,999 8 71,~~408~~341,~~468~~418.6383 6.7071 ~~107~~106 5.~~7178~~7177 1.~~718155~~718353 10,000,000 to 11,999,999 2 20,~~839~~825,~~540~~128.9365 1.96 ~~116~~115 5.~~7908~~7907 1.~~777914~~778113 12,000,000 to 13,999,999 1 12,~~448~~435,~~071~~880.5203 1.17 ~~116~~115 5.4400 1.500000 14,000,000 to 15,999,999 3 45,~~139~~110,~~059~~769.7165 4.24 ~~117~~116 5.5619 1.~~628305~~628410 16,000,000 to 17,999,999 3 49,~~304~~252,~~430~~073.5502 4.63 ~~118~~117 5.~~7351~~7352 1.~~409937~~409941 18,000,000 to 19,999,999 4 77,~~286~~158,~~854~~410.9611 7.2625 ~~133~~132 5.~~3696~~3702 1.~~563728~~563601 20,000,000 to 29,999,999 7 ~~185~~184,~~005~~713,~~960~~104.2131 17.3736 ~~116~~115 5.~~4232~~4233 1.~~746518~~747115 Above 30,000,000 5 ~~288~~287,~~273~~905,~~303~~498.8801 27.0706 ~~146~~145 6.~~1742~~1735 1.~~997500~~997481 Totals 106 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034

State (3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Alabama 1 29,350,000.00 2.76 ~~119~~118 4.2700 3.080000 Alaska 1 ~~721~~720,~~638~~473.6840 0.07 ~~113~~112 6.5000 1.570000 Arizona 5 16,~~142~~129,~~421~~143.7851 1.52 ~~116~~115 5.~~6928~~6927 1.~~666840~~666947 California 26 195,~~618~~408,~~899~~252.1066 18.37 ~~116~~115 5.7231 1.~~468920~~468917 Colorado 4 57,~~968~~905,~~990~~103.0188 5.44 ~~118~~117 5.~~9144~~9143 1.~~559714~~559713 Connecticut 1 10,000,000.00 0.94 ~~115~~114 5.6400 2.090000 Delaware 2 5,~~774~~761,~~036~~400.8588 0.54 ~~118~~117 5.4500 1.700000 Florida 7 35,~~528~~478,~~822~~787.6937 3.34 ~~126~~125 5.~~7819~~7818 1.~~409880~~409980 Georgia 5 63,~~725~~699,~~039~~193.5565 5.9899 9594 4.~~9657~~9655 2.~~425679~~426039 Idaho 2 13,~~143~~118,~~395~~362.8018 1.23 ~~117~~116 6.4900 2.034985 Illinois 1 207,~~594~~259.6947 0.02 ~~113~~112 6.5000 1.570000 Indiana 1 ~~741~~740,~~409~~212.6039 0.07 ~~113~~112 6.5000 1.570000 Kansas 1 ~~227~~226,~~365~~998.6147 0.02 ~~113~~112 6.5000 1.570000 Maine 1 ~~573~~572,~~356~~430.7692 0.05 ~~113~~112 6.5000 1.570000 Maryland 4 33,~~411~~384,~~787~~118.2114 3.14 ~~119~~118 6.2653 1.~~442063~~442019 Massachusetts 4 33,~~837~~744,~~341~~628.5952 3.1817 ~~153~~152 5.~~0866~~0873 1.~~671975~~671886 Michigan 4 42,~~335~~288,~~287~~235.3384 3.9798 ~~112~~111 5.~~3916~~3915 1.~~593253~~593255 Minnesota 1 3,~~450~~438,~~982~~850.1765 0.32 ~~176~~175 5.6100 1.480000 Montana 1 355,~~876~~301.6195 0.03 ~~113~~112 6.5000 1.570000 Nevada 3 8,~~313~~305,~~991~~189.0541 0.78 ~~116~~115 5.7972 1.~~584310~~584314 New Jersey 2 10,~~870~~857,~~992~~193.9215 1.02 9796 5.~~3318~~3317 1.~~719987~~720027 New Mexico 1 8,~~483~~475,~~099~~248.3184 0.80 ~~118~~117 5.6200 1.550000 New York 10 154,~~253~~001,~~984~~864.3031 14.48 ~~179~~178 6.~~7180~~7172 2.~~194487~~194367 North Carolina 5 66,~~289~~114,~~116~~141.7334 6.22 ~~110~~109 5.~~2919~~2924 1.~~656139~~657227 North Dakota 1 375,~~647~~040.5395 0.04 ~~113~~112 6.5000 1.570000 Ohio 5 7,~~727~~719,~~516~~484.0943 0.73 ~~113~~112 6.~~1856~~1858 1.~~473186~~473187 Pennsylvania 12 26,~~801~~783,~~359~~066.7230 2.52 9998 5.~~3055~~3054 2.~~279300~~279781 South Carolina 1 7,~~036~~029,~~224~~842.8071 0.66 ~~118~~117 5.7000 1.620000 Texas 17 60,~~754~~683,~~656~~107.6872 5.70 ~~115~~114 5.~~6788~~6787 1.~~569951~~569967 Utah 3 9,~~065~~055,~~316~~757.7552 0.85 ~~116~~115 5.~~6345~~6346 1.~~644992~~644962 Vermont 1 ~~454~~453,~~731~~996.2394 0.04 ~~113~~112 6.5000 1.570000 Virginia 8 154,~~806~~646,~~677~~717.3391 14.5354 ~~119~~118 5.6671 1.~~563275~~563258 Washington 2 5,~~375~~363,~~481~~716.3400 0.50 ~~139~~138 5.~~8499~~8500 1.~~454049~~453993 West Virginia 1 1,374,408.00 0.13 7675 4.9700 3.170000 Totals 144 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.249 or Less 3 28,~~811~~649,~~429~~194.5167 2.7169 ~~127~~126 5.~~3518~~3530 1.~~157621~~157569 1.250 to 1.299 1 42,~~421~~385,~~679~~726.3509 3.98 ~~118~~117 5.9650 1.290000 1.300 to 1.349 3 25,~~961~~939,~~985~~206.7131 2.44 ~~118~~117 6.1149 1.~~316810~~316808 1.350 to 1.399 7 ~~100~~99,~~060~~963,~~490~~881.4973 9.3940 ~~117~~116 5.~~8134~~8135 1.~~377005~~377004 1.400 to 1.449 12 87,~~650~~547,~~855~~967.8840 8.23 ~~115~~114 6.0739 1.~~430851~~430852 1.450 to 1.499 10 58,~~294~~223,~~292~~722.0038 5.47 ~~120~~119 5.7514 1.~~479485~~479484 1.500 to 1.549 9 59,~~844~~766,~~704~~254.3478 5.62 ~~120~~119 5.6346 1.~~514709~~514707 1.550 to 1.599 17 164,~~646~~460,~~117~~941.3350 15.46 ~~116~~115 5.~~6801~~6800 1.~~564064~~564063 1.600 to 1.649 10 68,~~134~~063,~~600~~574.0249 6.40 ~~119~~118 5.5815 1.~~618651~~618652 1.650 to 1.699 4 39,~~507~~459,~~307~~072.7445 3.71 ~~117~~116 5.~~6997~~6996 1.~~674999~~674998 1.700 to 1.749 6 97,~~484~~325,~~665~~089.3345 9.15 ~~127~~126 5.~~2290~~2294 1.~~707961~~707949 1.750 to 1.799 1 5,~~289~~284,~~231~~213.1022 0.50 ~~118~~117 5.5200 1.750000 1.800 or Greater 23 286,~~990~~698,~~091~~684.0292 26.9495 ~~142~~141 5.~~8469~~8457 2.~~473332~~473541 Totals 106 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034

Property Type(3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 39 ~~109~~108,~~129~~996,~~414~~234.6887 10.25 ~~119~~118 5.~~8728~~8729 1.~~504902~~504881 Lodging 3 39,~~435~~375,~~479~~538.5082 3.70 ~~117~~116 6.0966 1.~~798312~~798267 Mobile Home Park 2 22,~~616~~598,~~365~~323.0003 2.12 ~~118~~117 6.1866 1.313379 Multi-Family 23 122,~~700~~578,~~290~~909.0863 11.52 ~~114~~113 5.4968 1.~~557571~~557573 Office 19 374,~~806~~194,~~555~~076.0629 35.1918 ~~142~~141 6.~~0831~~0830 1.~~747738~~747745 Retail 52 371,~~898~~545,~~372~~370.5787 34.9293 ~~116~~115 5.~~3817~~3815 1.~~959189~~959568 Self Storage 6 24,~~510~~479,~~972~~075.9289 2.30 ~~115~~114 5.~~4283~~4282 1.~~724290~~724302 Totals 144 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034

Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 4.4499% or Less 1 29,350,000.00 2.76 ~~119~~118 4.2700 3.080000 4.4500% to 4.7499% 2 63,~~922~~847,~~707~~670.9111 6.00 ~~112~~111 4.~~6444~~6445 2.~~480281~~481163 4.7500% to 4.9999% 7 45,~~038~~017,~~095~~887.2311 4.23 8887 4.8991 2.~~689190~~689470 5.0000% to 5.2499% 10 77,~~389~~182,~~065~~333.0058 7.2726 ~~115~~114 5.~~1080~~1082 1.~~510377~~510959 5.2500% to 5.4999% 17 187,~~533~~345,~~568~~737.9474 17.61 ~~116~~115 5.3844 1.~~671167~~671194 5.5000% to 5.7499% 25 224,~~806~~573,~~787~~055.6559 21.11 ~~117~~116 5.6179 1.~~551634~~551672 5.7500% to 5.9999% 21 ~~138~~137,~~081~~914,~~534~~303.5697 12.96 ~~122~~121 5.8992 1.~~485264~~485278 6.0000% to 6.2499% 12 97,~~154~~060,~~884~~346.8058 9.12 ~~120~~119 6.1392 1.~~448848~~448831 6.2500% to 6.4999% 8 91,~~198~~090,~~446~~544.9947 8.56 ~~116~~115 6.3547 1.~~497846~~497774 6.5000% to 7.2499% 1 9,~~687~~672,~~752~~108.1260 0.91 ~~113~~112 6.5000 1.570000 7.2500% to 7.4999% 1 99,~~347~~127,~~429~~224.4998 9.3332 ~~216~~215 7.3800 2.350000 7.5000% or Greater 1 1,~~587~~586,~~177~~316.1366 0.15 ~~102~~101 7.9300 1.020000 Totals 106 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034

Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 Months or Less 105 1,~~063~~062,~~510~~181,~~272~~212.6973 99.85 ~~125~~124 5.~~7334~~7333 1.~~768006~~768150 13 to 24 Months 1 1,~~587~~586,~~177~~316.1366 0.15 ~~102~~101 7.9300 1.020000 25 to 36 Months 0 0.00 0.00 0 0.0000 0.000000 37 Months or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 106 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034

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 1 3,~~886~~882,~~603~~274.1374 0.36 5756 4.8700 1.720000 61 to 84 Months 10 90,~~737~~715,~~208~~963.2182 8.5253 8079 4.~~9146~~9145 2.~~657837~~658099 85 to 120 Months 85 ~~802~~801,~~043~~249,~~583~~620.9063 75.3032 ~~117~~116 5.6752 1.~~622564~~622622 121 Months or Greater 3 9,~~570~~559,~~420~~467.5030 0.90 ~~159~~158 5.9051 1.~~522922~~522921 Totals 99 ~~906~~905,~~237~~407,~~815~~326.7449 85.0811 ~~113~~112 5.~~5981~~5979 1.~~725586~~725735

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 84 Months 0 0.00 0.00 0 0.0000 0.000000 85 to 120 Months 1 21,~~294~~153,~~842~~184.96 21.0099 ~~115~~114 5.0000 1.170000 121 Months or Greater 6 137,~~564~~207,~~791~~017.1294 12.9290 ~~206~~205 6.~~7642~~7648 2.~~131396~~131605 Totals 7 158,~~859~~360,~~634~~202.0890 14.9289 ~~193~~192 6.~~5277~~5291 2.~~002523~~003158

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 8 102,276,460.00 9.6061 9190 4.6215 2.977544 60 Months or Less 0 0.00 0.00 0 0.0000 0.000000 61 to 84 Months 0 0.00 0.00 0 0.0000 0.000000 85 to 120 Months 0 0.00 0.00 0 0.0000 0.000000 121 Months or Greater 91 803,~~961~~130,~~355~~866.7449 75.4850 ~~116~~115 5.7223 1.~~566317~~566320 Totals 99 ~~906~~905,~~237~~407,~~815~~326.7449 85.0811 ~~113~~112 5.~~5981~~5979 1.~~725586~~725735

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 ~~106~~64 1662,~~065~~523,~~097,449~~129.8231 ~~100~~62.0028 ~~125~~113 5.~~7367~~6079 1.~~766891~~769561 1 Year or Less 042 0401,244,400.0008 037.0072 0142 05.~~0000~~9489 01.~~000000~~762862 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 106 1,~~065~~063,~~097~~767,~~449~~529.8239 100.00 ~~125~~124 5.~~7367~~7366 1.~~766891~~767034 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers 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.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 6105192 1 OF New York NY ~~612~~610,~~332~~986.6769 ~~218~~220,~~858~~204.5351 7.380% 510901239 2 OF Arlington VA ~~283~~292,~~226~~339.3421 7061,~~538~~425.0619 5.400% 850201199 3 RT Kennesaw GA 170,866.67 0.00 4.660% 510901280 4 OF Reston VA ~~211~~217,~~083~~900.7013 4235,~~769~~953.6926 5.965% 850201063 5 OF Beverly Hills CA ~~207~~214,~~888~~510.9189 5650,~~844~~222.8991 6.285% 600872401 8 RT Greeley CO ~~154~~159,~~500~~425.0093 4237,~~104~~178.7380 6.180% 850201212 9 RT Huntsville AL 104,437.08 0.00 4.270% 850201265 10 OF Durham NC ~~130~~134,~~284~~480.3326 3026,~~457~~261.7885 5.600% 850201185 11 RT Thornton CO 8992,~~981~~879.2889 2017,~~876~~978.8221 5.605% 850201184 12 RT Denver CO 3738,~~297~~499.9444 87,~~653~~452.6010 5.605% 6105164 13 LO McLean VA ~~129~~133,~~461~~578.28 39 34,~~024~~907.1706 5.900% 6104935 14 OF Charlotte NC 8991,~~328~~686.5813 ~~144~~141,~~015~~658.5500 5.000% 6104936 15 OF Farmington Hills MI 9699,~~747~~840.0004 2825,~~251~~158.9187 5.420% 6105076 16 RT North Dartmouth MA 7679,~~833~~087.3362 7775,~~292~~037.0980 4.610% 6104882 17 MF Mt. Pleasant MI 8689,~~891~~684.5370 2219,~~658~~865.5235 5.290% 6104978 18 RT Santa Clarita CA 9295,~~716~~710.2442 1815,~~557~~563.6850 6.030% 850201129 19 RT Astoria NY 7779,~~184~~670.7672 1715,~~902~~416.7579 5.635% 6105089 20 Various Various CA 7072,~~752~~991.5077 2624,~~608~~369.6336 5.200% 850201190 21 OF Long Beach CA 6769,~~048~~201.3463 1816,~~484~~331.4213 5.130% 310901206 22 MH Pacheco CA 7779,~~314~~814.0310 1411,~~459~~958.0093 6.190% 850201162 23 OF New York NY 6567,~~008~~175.3328 0.00 5.380% 850201193 24 IN Garden Grove CA 3435,~~169~~270.3795 76,~~619~~517.4688 5.700% 850201192 25 RT Greenville SC 3334,~~457~~536.5114 76,~~460~~382.7209 5.700% 6104972 26 MF Reston VA 5658,~~494~~312.7730 1412,~~009~~191.0148 5.440% 6104965 28 Various Corpus Christi TX 5355,~~645~~350.0591 1614,~~118~~412.1428 5.930% 6104883 29 RT Westport CT 4748,~~000~~566.0067 0.00 5.640% 6104908 30 MF Fort Myers FL 4345,~~932~~346.9415 119,~~035~~622.9271 5.390% 600872402 31 IN Various Various 5254,~~569~~224.0350 1715,~~298~~643.9952 6.500% 850201030 32 RT Various Various 39,304.25 0.00 4.970% 850201208 33 RT Greenburgh NY 4546,~~276~~741.2502 86,~~262~~798.8609 6.245% 600872403 34 RT Northampton PA 4042,~~866~~164.4257 1311,~~029~~730.0590 5.710% 6105053 35 MF Pensacola FL 4041,~~409~~712.5000 97,~~110~~807.1666 5.670% 310901175 36 IN Albuquerque NM 3941,~~771~~053.9549 97,~~132~~850.0147 5.620% 6104928 37 MF Decatur GA 3839,~~496~~736.6487 87,~~836~~596.6946 5.650% 310901159 38 LO Boise ID 4142,~~569~~866.5430 1514,~~906~~609.0125 6.490% 6104971 39 MF Houston TX 3334,~~298~~368.8963 87,~~982~~912.6591 5.200% 310901217 40 MH Tracy CA 3940,~~397~~671.5060 76,~~357~~083.1404 6.180% 850201031 41 RT Various Various 31,213.67 0.00 4.970% 6105020 42 SS Venice CA 3031,~~591~~572.6954 98,~~212~~231.8196 4.900% 6104767 43 MF Fayetteville NC 3536,~~106~~237.7313 87,~~185~~055.9555 5.650% 6105048 44 RT New York NY 2829,~~668~~588.9226 87,~~567~~647.0975 4.920% 6104896 45 RT Houston TX 3334,~~506~~578.0796 87,~~851~~778.1122 5.770% 850201181 46 RT Various Various 3233,~~789~~761.5108 2423,~~738~~766.0851 5.700% 850201171 47 RT Whittier CA 2930,~~312~~254.6093 76,~~615~~672.1683 5.300% 6105003 48 SS West Deptford NJ 2930,~~452~~386.1442 9,~~964~~029.2092 5.530% 6104865 49 MF Houston TX 2728,~~951~~850.6616 76,~~144~~245.0151 5.400% 850201214 50 RT Melbourne FL 2930,~~378~~252.1334 2019,~~590~~716.5837 5.925% 6105008 51 IN Various DE 2627,~~284~~097.8388 1312,~~449~~635.0297 5.450% 850201110 52 IN Deerfield MA 2728,~~291~~157.5289 87,~~768~~902.8043 5.740% 310901158 53 LO Boise ID 2930,~~661~~587.7403 1110,~~349~~424.6637 6.490% 6104996 54 MF Tucson AZ 2324,~~778~~542.2678 65,~~096~~332.8735 5.350% 6104989 55 MF Stone Mountain GA 2425,~~357~~141.1548 5,~~802~~017.2188 5.520% 850201194 56 RT Fitchburg MA 25,~~166~~966.3003 7,~~893~~093.5279 5.760% 6104967 57 OF St. George UT 23,~~155~~895.8460 6,~~967~~227.6690 5.350% 850201177 58 RT Cave Creek AZ 2425,~~376~~189.6722 0.00 5.680% 6104927 59 IN Sacramento CA 23,~~118~~862.1744 54,~~491~~746.2699 5.570% 6104997 60 RT Denton TX 2526,~~880~~706.0079 65,~~440~~613.0223 6.470% 6105031 61 IN Fairfield NJ 1819,~~917~~524.6182 54,~~377~~769.0685 5.050% 6104891 62 SS Glendale AZ 1314,~~936~~379.6863 43,~~252~~809.0914 5.900% 6104892 63 SS Gilbert AZ 8,~~068~~325.6005 2,~~461~~205.7429 5.900% 6104934 64 MF Chester PA 18,~~287~~874.6843 54,~~251~~664.1641 5.050% 310901183 65 RT El Paso TX 1920,~~389~~014.20 43,~~355~~730.28 5.680% 310901184 66 RT El Paso TX 1920,~~389~~014.20 43,~~355~~730.28 5.680% 850201179 67 OF Newport Beach CA 1718,~~965~~543.1710 43,~~496~~918.0613 5.400% 6104901 68 RT Dallas TX 1516,~~792~~298.7590 4,~~834~~328.5439 4.870% 850201100 69 MF Salt Lake City UT 1415,~~969~~452.6890 32,~~045~~562.7856 6.015% 850201099 70 MF Salt Lake City UT 4,~~490~~635.9087 ~~913~~768.7477 6.015% 310901232 71 MF Ft. Worth TX 1819,~~816~~424.7705 3,~~945~~337.1385 5.870% 600872404 72 RT Richmond VA 19,~~329~~954.7532 3,~~747~~122.1760 6.120% 890901187 73 RT Brandon FL 1718,~~790~~364.3105 3,~~872~~298.4571 5.780% 6104968 74 OF Orlando FL 1920,~~604~~230.8095 4,~~939~~313.5540 6.430% 850201213 75 OF Encino CA 17,~~033~~583.3305 3,~~592~~042.2755 5.840% 6104973 76 IN St. Paul MN 16,~~192~~671.2912 12,~~610~~131.3451 5.610% 6104985 77 SS Lexington Park MD 1516,~~617~~112.7887 54,~~444~~949.8071 5.440% 6104926 78 MF Toledo OH 1516,~~721~~219.1076 54,~~236~~737.0943 5.630% 6104874 79 MF Brunswick GA 1516,~~963~~478.5222 32,~~487~~972.3464 5.800% 6104998 80 MF Seabrook TX 14,~~475~~941.4202 3,~~673~~207.0343 5.350% 6104863 81 OF Sammamish WA 16,~~004~~512.2696 4,~~836~~327.3262 5.950% 850201202 82 RT Tampa FL 16,~~012~~504.5099 73,~~854~~983.8149 6.100% 6104922 83 IN Henderson NV 1415,~~774~~250.7060 32,~~408~~932.2333 5.650% 850201118 84 OF Boston MA 1415,~~531~~000.4803 32,~~147~~679.6005 5.840% 6104987 85 RT Las Vegas NV 1415,~~592~~056.3851 43,~~342~~878.4532 5.960% 600872405 86 OF Carlsbad CA 12,~~408~~800.4477 4,~~799~~406.1481 5.150% 410901171 87 MF San Francisco CA 12,~~431~~825.9736 4,~~646~~253.5920 5.250% 6105001 88 MF Various OH 1314,~~661~~102.5846 2,~~874~~433.6476 5.860% 6105016 89 SS Virginia Beach VA 13,~~370~~795.9399 43,~~096~~671.0600 5.850% 6105045 90 RT Norfolk VA 10,~~613~~954.9777 2,~~959~~618.7797 5.100% 850201082 91 MF New York NY 12,~~171~~564.3531 2,~~445~~052.8084 6.050% 620901248 92 IN Van Nuys CA 10,~~254~~579.1709 3,~~664~~339.5563 5.350% 410901173 93 IN Henderson NV 1011,~~846~~196.7563 21,~~340~~990.8799 5.790% 410901240 94 MF Sylmar CA 1011,~~974~~328.1286 21,~~096~~741.4672 6.130% 410901191 95 RT Flower Mound TX 10,~~473~~806.1344 32,~~057~~723.2089 6.000% 6105002 96 RT Pearland TX 910,~~858~~150.2288 76,~~209~~916.1347 5.790% 410900941 97 IN Commerce CA 89,~~896~~178.0812 32,~~066~~784.9894 5.490% 6104827 98 RT Milton PA 78,~~871~~125.2202 1,~~704~~451.9515 5.840% 6104524 99 IN Columbus OH 10,~~496~~838.5422 ~~1,202~~860.1547 7.930% 410901197 100 OF Studio City CA 5,~~150~~313.0291 1,~~518~~355.9607 5.950% 850201219 06A RT San Diego CA ~~132~~137,~~773~~047.2205 3127,~~965~~691.1532 5.520% 850201221 06B RT San Diego CA 3031,~~040~~007.2319 76,~~232~~265.1923 5.520% 850201209 07A IN Beltsville MD 8790,~~980~~828.0022 1512,~~419~~571.6038 6.360% 850201211 07B IN Rockville MD 3637,~~040~~206.0074 65,~~316~~149.4672 6.360% 850201210 07C IN Rockville MD 3436,~~980~~112.0042 64,~~130~~998.6826 6.360% 850201132 27A RT Greensboro NC 25,354.74 0.00 4.770% 850201131 27B RT Cary NC 13,038.00 0.00 4.770% 850201130 27C RT Erie PA 6,912.93 0.00 5.180% 850201108 27D RT Mill Creek PA 2,762.67 0.00 5.180% Totals 5,~~098~~228,~~914~~034.1936 1,~~457~~329,~~873~~920.2845

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 6105192 N/A 10/14/2021 N 99,~~566~~347,~~288~~429.0249 99,~~347~~127,~~429~~224.4998 10/0115/2003 510901239 N/A 08/01/2013 N 62,~~939~~868,~~185~~647.6054 62,~~868~~807,~~647~~222.5435 1011/01/2003 850201199 N/A 08/01/2010 N 44,000,000.00 44,000,000.00 1011/01/2003 510901280 N/A 08/08/2013 N 42,~~464~~421,~~449~~679.0435 42,~~421~~385,~~679~~726.35 09 10/08/2003 850201063 N/A 03/01/2013 N 39,~~692~~635,~~392~~547.3950 39,~~635~~585,~~547~~324.5059 1011/01/2003 600872401 N/A 09/01/2013 N 3029,~~000~~957,~~000~~895.0027 29,~~957~~920,~~895~~716.2747 1011/01/2003 850201212 N/A 09/01/2013 N 29,350,000.00 29,350,000.00 1011/01/2003 850201265 N/A 06/01/2013 N 27,~~918~~887,~~070~~612.0022 27,~~887~~861,~~612~~350.2237 0911/01/2003 850201185 N/A 07/01/2013 N 19,~~264~~243,~~502~~625.3149 19,~~243~~225,~~625~~647.4928 1011/01/2003 850201184 N/A 07/01/2013 N 7,~~985~~976,~~285~~632.9434 7,~~976~~969,~~632~~180.3424 1011/01/2003 6105164 07/01/2013 07/01/2028 N 26,~~331~~292,~~107~~083.8770 26,~~292~~257,~~083~~176.7064 1011/01/2003 6104935 N/A 05/01/2013 N 21,~~438~~294,~~858~~842.5196 21,~~294~~153,~~842~~184.96 1011/01/2003 6104936 09/01/2012 03/01/2031 N 21,~~420~~391,~~000~~748.0009 21,~~391~~366,~~748~~589.0922 1011/01/2003 6105076 N/A 09/01/2018 N 2019,~~000~~922,~~000~~707.0091 19,~~922~~847,~~707~~670.9111 1011/01/2003 6104882 N/A 07/01/2013 N 19,~~710~~688,~~744~~085.1765 19,~~688~~668,~~085~~220.6530 0911/01/2003 6104978 N/A 06/01/2013 N 18,~~450~~432,~~993~~435.5991 18,~~432~~416,~~435~~872.9142 1011/01/2003 850201129 N/A 05/01/2013 N 16,~~436~~418,~~861~~958.5378 16,~~418~~403,~~958~~541.7899 1011/01/2003 6105089 N/A 09/01/2013 N 16,~~327~~300,~~500~~891.0037 16,~~300~~276,~~891~~522.3701 1011/01/2003 850201190 N/A 08/01/2013 N 15,~~683~~665,~~821~~337.9957 15,~~665~~649,~~337~~006.5744 10/01/2003 310901206 N/A 08/01/2013 N 14,~~988~~973,~~181~~722.14 14,~~973~~961,~~722~~763.1421 0910/01/2003 850201162 N/A 06/01/2013 N 14,500,000.00 14,500,000.00 1011/01/2003 850201193 N/A 08/01/2013 N 7,~~193~~185,~~551~~931.1771 7,~~185~~179,~~931~~413.7183 1011/01/2003 850201192 N/A 08/01/2013 N 7,~~043~~036,~~685~~224.5280 7,~~036~~029,~~224~~842.8071 1011/01/2003 6104972 N/A 06/01/2013 N 12,~~462~~448,~~080~~071.5352 12,~~448~~435,~~071~~880.5203 1011/01/2003 6104965 N/A 06/01/2013 N 10,~~855~~839,~~659~~540.0793 10,~~839~~825,~~540~~128.9365 1011/01/2003 6104883 N/A 05/01/2013 N 10,000,000.00 10,000,000.00 1011/01/2003 6104908 N/A 07/01/2013 N 9,~~780~~769,~~989~~953.4957 9,~~769~~760,~~953~~330.5787 1011/01/2003 600872402 N/A 03/01/2013 N 9,~~705~~687,~~051~~752.1112 9,~~687~~672,~~752~~108.1260 1011/01/2003 850201030 N/A 02/01/2010 N 9,489,960.00 9,489,960.00 1011/01/2003 850201208 N/A 09/01/2013 N 8,~~700~~691,~~000~~737.0014 8,~~691~~684,~~737~~939.1405 10/01/2003 600872403 N/A 08/01/2013 N 8,~~588~~575,~~390~~361.2520 8,~~575~~563,~~361~~630.2030 0910/01/2003 6105053 N/A 08/01/2010 N 8,~~552~~543,~~274~~164.5438 8,~~543~~535,~~164~~356.3872 1011/01/2003 310901175 N/A 08/01/2013 N 8,~~492~~483,~~231~~099.3231 8,~~483~~475,~~099~~248.3184 1011/01/2003 6104928 N/A 06/01/2013 N 8,~~176~~167,~~277~~440.6091 8,~~167~~159,~~440~~844.9145 1011/01/2003 310901159 N/A 07/01/2013 N 7,~~686~~670,~~200~~294.9291 7,~~670~~655,~~294~~685.9166 1011/01/2003 6104971 N/A 07/01/2013 N 7,~~684~~675,~~359~~377.7611 7,~~675~~667,~~377~~464.1121 1011/01/2003 310901217 N/A 09/01/2013 N 7,~~650~~642,~~000~~642.0086 7,~~642~~636,~~642~~559.8682 0910/01/2003 850201031 N/A 02/01/2010 N 7,536,500.00 7,536,500.00 1011/01/2003 6105020 N/A 08/01/2013 N 7,~~491~~482,~~841~~628.3352 7,~~482~~474,~~628~~396.5255 1011/01/2003 6104767 N/A 03/01/2013 N 7,~~456~~448,~~297~~111.5055 7,~~448~~441,~~111~~056.5501 10/01/2003 6105048 08/01/2013 08/01/2033 N 6,~~992~~983,~~420~~853.6657 6,~~983~~976,~~853~~205.5882 1011/01/2003 6104896 05/01/2013 11/01/2030 N 6,~~968~~959,~~333~~482.8776 6,~~959~~951,~~482~~704.7655 1011/01/2003 850201181 N/A 07/01/2018 N 6,~~903~~878,~~055~~317.7365 6,~~878~~854,~~317~~551.6514 1011/01/2003 850201171 N/A 07/01/2013 N 6,~~636~~629,~~814~~199.1802 6,~~629~~622,~~199~~526.0219 1011/01/2003 6105003 N/A 08/01/2010 N 6,~~391~~381,~~060~~095.1090 6,~~381~~372,~~095~~065.9098 10/01/2003 6104865 N/A 03/01/2013 N 6,~~211~~204,~~480~~336.0807 6,~~204~~198,~~336~~090.0756 1011/01/2003 850201214 N/A 09/01/2018 N 5,~~950~~929,~~000~~409.0042 5,~~929~~909,~~409~~693.4205 0910/01/2003 6105008 N/A 08/01/2013 N 5,~~787~~774,~~485~~036.8785 5,~~774~~761,~~036~~400.8588 1011/01/2003 850201110 N/A 05/01/2013 N 5,~~705~~696,~~543~~774.6989 5,~~696~~688,~~774~~872.8946 1011/01/2003 310901158 N/A 07/01/2013 N 5,~~484~~473,~~450~~100.5589 5,~~473~~462,~~100~~676.8952 1011/01/2003 6104996 N/A 06/01/2013 N 5,~~333~~327,~~441~~344.2841 5,~~327~~322,~~344~~012.4106 1011/01/2003 6104989 N/A 08/01/2013 N 5,~~295~~289,~~033~~231.3110 5,~~289~~284,~~231~~213.1022 1011/01/2003 850201194 N/A 08/01/2013 N 5,~~242~~235,~~980~~086.1866 5,~~235~~227,~~086~~992.6687 1011/01/2003 6104967 N/A 08/01/2013 N 5,~~193~~186,~~832~~864.6195 5,~~186~~180,~~864~~637.9505 1011/01/2003 850201177 N/A 07/01/2013 N 5,150,000.00 5,150,000.00 10/01/2003 6104927 N/A 05/01/2013 N 4,~~980~~975,~~576~~084.1286 4,~~975~~970,~~084~~337.8688 1011/01/2003 6104997 N/A 09/01/2013 N 4,~~800~~793,~~000~~559.0098 4,~~793~~787,~~559~~946.9875 0911/01/2003 6105031 N/A 08/01/2013 N 4,~~495~~489,~~274~~897.0802 4,~~489~~485,~~897~~127.0217 1011/01/2003 6104891 N/A 05/01/2013 N 2,~~834~~830,~~578~~326.5748 2,~~830~~826,~~326~~517.4834 1011/01/2003 6104892 N/A 05/01/2013 N 1,~~641~~638,~~071~~610.8107 1,~~638~~636,~~610~~404.0778 1011/01/2003 6104934 N/A 06/01/2013 N 4,~~345~~340,~~586~~335.5438 4,~~340,~~335,670.3897 1011/01/2003 310901183 N/A 08/01/2013 N 4,~~096~~091,~~309~~953.0880 4,~~091~~088,~~953~~223.8052 10/01/2003 310901184 N/A 08/01/2013 N 4,~~096~~091,~~309~~953.0880 4,~~091~~088,~~953~~223.8052 10/01/2003 850201179 N/A 07/01/2013 N 3,~~992~~987,~~259~~763.5852 3,~~987~~983,~~763~~845.5239 1011/01/2003 6104901 N/A 07/01/2008 N 3,~~891~~886,~~437~~603.6713 3,~~886~~882,~~603~~274.1374 1011/01/2003 850201100 N/A 04/01/2013 N 2,~~986~~983,~~470~~424.2547 2,~~983~~980,~~424~~861.4791 1011/01/2003 850201099 N/A 04/01/2013 N 895,~~941~~027.0733 ~~895~~894,~~027~~258.3356 1011/01/2003 310901232 N/A 08/01/2013 N 3,~~846~~842,~~698~~753.7865 3,~~842~~839,~~753~~415.6580 10/01/2003 600872404 N/A 06/01/2013 N 3,~~790~~786,~~146~~398.0992 3,~~786~~783,~~398~~276.9232 0910/01/2003 890901187 N/A 07/01/2014 N 3,~~693~~689,~~489~~617.7631 3,~~689~~686,~~617~~318.3160 10/01/2003 6104968 N/A 09/01/2013 N 3,~~658~~653,~~750~~810.0045 3,~~653~~649,~~810~~497.4505 10/01/2003 850201213 N/A 09/01/2013 N 3,~~500~~496,~~000~~407.0073 3,~~496~~493,~~407~~365.7318 1011/01/2003 6104973 N/A 06/01/2018 N 3,~~463~~450,~~592~~982.5016 3,~~450~~438,~~982~~850.1765 10/01/2003 6104985 N/A 08/01/2013 N 3,~~445~~439,~~098~~653.7595 3,~~439~~434,~~653~~704.9524 10/01/2003 6104926 N/A 05/01/2013 N 3,~~350~~345,~~856~~620.8071 3,~~345~~340,~~620~~883.7128 1011/01/2003 6104874 N/A 05/01/2013 N 3,~~302~~299,~~796~~309.9157 3,~~299~~296,~~309~~336.5793 10/01/2003 6104998 N/A 08/01/2013 N 3,~~246~~243,~~824~~151.1209 3,~~243~~239,~~151~~943.0966 0911/01/2003 6104863 N/A 04/01/2013 N 3,~~227~~222,~~750~~914.6230 3,~~222~~218,~~914~~586.3068 1011/01/2003 850201202 N/A 09/01/2018 N 3,~~150~~142,~~000~~145.0019 3,~~142~~138,~~145~~161.1970 1011/01/2003 6104922 N/A 05/01/2013 N 3,~~137~~134,~~988~~580.3613 3,~~134~~131,~~580~~647.1380 1011/01/2003 850201118 N/A 04/01/2013 N 2,~~985~~982,~~919~~772.7313 2,~~982~~980,~~772~~093.1308 1011/01/2003 6104987 N/A 06/01/2013 N 2,~~938~~933,~~063~~721.7328 2,~~933~~929,~~721~~842.2896 1011/01/2003 600872405 N/A 07/01/2010 N 2,~~891~~886,~~287~~487.0793 2,~~886~~882,~~487~~081.9312 0910/01/2003 410901171 N/A 07/01/2013 N 2,~~841~~836,~~592~~946.6708 2,~~836~~832,~~946~~692.0888 1011/01/2003 6105001 N/A 08/01/2013 N 2,~~797~~794,~~592~~718.8925 2,~~794~~792,~~718~~284.2549 1011/01/2003 6105016 N/A 07/01/2018 N 2,~~742~~738,~~754~~658.0600 2,~~738~~734,~~658~~987.00 1011/01/2003 6105045 08/01/2013 08/01/2033 N 2,~~497~~494,~~405~~445.4366 2,~~494~~491,~~445~~826.6670 1011/01/2003 850201082 N/A 04/01/2013 N 2,~~414~~411,~~151~~705.1131 2,~~411~~409,~~705~~652.3147 1011/01/2003 620901248 N/A 09/01/2013 N 2,~~300~~296,~~000~~335.0045 2,~~296~~292,~~335~~995.4582 0911/01/2003 410901173 N/A 08/01/2013 N 2,~~248~~245,~~030~~689.5164 2,~~245~~243,~~689~~698.6465 1011/01/2003 410901240 N/A 08/01/2013 N 2,~~148~~146,~~278~~181.4397 2,~~146~~144,~~181~~440.9725 1011/01/2003 410901191 N/A 07/01/2013 N 2,~~094~~091,~~625~~568.4929 2,~~091~~088,~~568~~844.2940 1011/01/2003 6105002 N/A 08/01/2018 N 2,~~043~~035,~~153~~944.6148 2,~~035~~029,~~944~~028.4801 1011/01/2003 410900941 N/A 07/01/2013 N 1,~~944~~941,~~498~~431.1618 1,~~941~~938,~~431~~646.1824 1011/01/2003 6104827 04/01/2013 04/01/2033 N 1,~~617~~615,~~373~~668.1823 1,~~615~~614,~~668~~217.2307 1011/01/2003 6104524 N/A 04/01/2012 N 1,~~588~~587,~~379~~177.2813 1,~~587~~586,~~177~~316.1366 10/01/2003 410901197 N/A 08/01/2013 N 1,~~038~~037,~~659~~140.5862 1,~~037~~035,~~140~~785.6255 1011/01/2003 850201219 N/A 06/01/2013 N 28,~~863~~831,~~743~~777.1297 28,~~831~~804,~~777~~086.9765 0910/01/2003 850201221 N/A 06/01/2013 N 6,~~530~~523,~~484~~251.1798 6,~~523~~516,~~251~~986.9875 0910/01/2003 850201209 N/A 09/01/2013 N 16,~~600~~584,~~000~~580.0040 16,~~584~~572,~~580~~009.4002 1011/01/2003 850201211 N/A 09/01/2013 N 6,~~800~~793,~~000~~683.0054 6,~~793~~788,~~683~~533.5482 1011/01/2003 850201210 N/A 09/01/2013 N 6,~~600~~593,~~000~~869.0032 6,~~593~~588,~~869~~871.3206 1011/01/2003 850201132 N/A 04/01/2010 N 6,378,550.00 6,378,550.00 1011/01/2003 850201131 N/A 04/01/2010 N 3,280,000.00 3,280,000.00 1011/01/2003 850201130 N/A 04/01/2010 N 1,601,450.00 1,601,450.00 1011/01/2003 850201108 N/A 04/01/2010 N 640,000.00 640,000.00 1011/01/2003 Totals 1,~~066~~065,~~555~~097,~~323~~449.0880 1,~~065~~063,~~097~~767,~~449~~529.8239

Loan Appraisal Appraisal Res Mod Number 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 ~~Loan~~No ~~Number Offering Document~~ Principal ~~Prepayment~~Prepayments ~~Amount~~this ~~Prepayment Penalties Cross-Reference Payoff Amount Curtailment Amount Prepayment Premium Yield Maintenance Charge 850201202 82 0.00 3,378.83 0.00 0.00 Totals 0.00 3,378.83 0.00 0.00~~Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 11/12/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 10/14/2003 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 11/12/2003 0 $0.00 0 $0.00 10/14/2003 1 $3,378.83 0 $0.00

Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 11/12/2003 5.736557% 5.692454% 124 10/14/2003 5.736718% 5.692617% 125 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Delinquency Loan Detail Offering # of Current Outstanding Status of Loan Number Document Months Paid Through P & I P & I Mortgage Cross Delinq. Date Advances Advances** Loan(1) Reference 510901280 4 0 10/08/2003 252,757.49 252,757.49 A 850201190 21 0 10/01/2003 85,128.06 85,128.06 A 310901206 22 0 10/01/2003 91,386.22 91,386.22 A 850201208 33 0 10/01/2003 53,314.57 53,314.57 A 600872403 34 0 10/01/2003 53,304.72 53,304.72 A 310901217 40 0 10/01/2003 46,557.20 46,557.20 A 6104767 43 0 10/01/2003 43,292.68 43,292.68 A 6105003 48 0 10/01/2003 39,416.34 39,416.34 A 850201214 50 0 10/01/2003 49,815.53 49,815.53 A 6104967 57 0 11/01/2003 30,123.50 30,123.50 A 850201177 58 0 10/01/2003 25,056.18 25,056.18 A 310901183 65 0 10/01/2003 23,638.77 23,638.77 A 310901184 66 0 10/01/2003 23,638.77 23,638.77 A 310901232 71 0 10/01/2003 22,596.44 22,596.44 A 600872404 72 0 10/01/2003 22,685.66 22,685.66 A 890901187 73 0 10/01/2003 21,217.95 21,217.95 A 6104968 74 0 10/01/2003 24,544.35 24,544.35 A 6104973 76 0 10/01/2003 28,802.63 28,802.63 A 6104985 77 0 10/01/2003 21,062.58 21,062.58 A 6104874 79 0 10/01/2003 19,450.86 19,450.86 A 600872405 86 0 10/01/2003 17,008.73 17,008.73 A 6104524 99 0 10/01/2003 11,698.69 11,698.69 A 850201219 06A 0 10/01/2003 163,745.27 163,745.27 A 850201221 06B 0 10/01/2003 37,047.73 37,047.73 A Totals 24 1,207,290.92 1,207,290.92

Resolution Actual Outstanding Bankruptcy Loan Number Strategy Servicing Foreclosure Principal Servicing Date REO Code(2) Transfer Date Date Balance Advances Date 510901280 42,421,679.35 0.00 850201190 15,665,337.57 0.00 310901206 14,973,722.14 0.00 850201208 8,691,737.14 0.00 600872403 8,575,361.20 0.00 310901217 7,642,642.86 0.00 6104767 7,448,111.55 0.00 6105003 6,381,095.90 0.00 850201214 5,929,409.41 0.00 6104967 5,186,864.95 0.00 850201177 5,150,000.00 0.00 310901183 4,091,953.80 0.00 310901184 4,091,953.80 0.00 310901232 3,842,753.65 0.00 600872404 3,786,398.92 0.00 890901187 3,689,617.31 0.00 6104968 3,653,810.45 0.00 6104973 3,450,982.16 0.00 6104985 3,439,653.95 0.00 6104874 3,299,309.57 0.00 600872405 2,886,487.81 0.00 6104524 1,587,177.13 0.00 850201219 28,831,777.97 0.00 850201221 6,523,251.98 0.00 Totals 201,241,090.57 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances ~~Totals by Deliquency Code: Total for Status Code = A (24 loans) 1,207,290.92 1,207,290.92 201,241,090.57 0.00~~

(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. Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially serviced Loans this Period Modified Loan Detail No Modified Loans this Period Liquidated Loan Detail No Liquidated Loans this Period

Filing Compare · BEAR STEARN COMMERCIAL MORT PASS THROUGH CERT SER 2003 PWR2