8-K 1 fun99c04_apr.txt APRIL 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: April 16, 2004 (Date of earliest event reported) Commission File No.: 333-48943-03 First Union National Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 1999-C4 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-7056303 52-2211953 52-2211954 52-2211955 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On April 16, 2004, a distribution was made to holders of First Union National Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 1999-C4. 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 1999-C4, relating to the April 16, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. First Union National Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 1999-C4 By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: April 15, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 1999-C4, relating to the April 16, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union National Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 1999-C4 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: April 16, 2004 Record Date: March 31, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 15 Principal Prepayment Detail 16 Historical Detail 17 Delinquency Loan Detail 18 Specially Serviced Loan Detail 19 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 Underwriter First Union Capital Markets One First Union Center 301 South College Street Charlotte, NC 28288 Contact: Craig M. Lieberman Phone Number: (704) 383-7407 Master Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Allied Capital Corporation 1919 Pennsylvania Ave, N.W. Washington, DC 20006-3434 Contact: Demetrios Morakis Phone Number: (202) 331-1112 Ext 2438 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2004, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 337378AA1 7.184000% 206,000,000.00 ~~173~~171,~~829~~580,~~201~~370.2390 ~~630~~20,~~541~~685,282.9363 1,027,194.49 A-2 337378AB9 7.390000% 447,232,000.00 447,232,000.00 0.00 2,754,203.73 B 337378AD5 7.617000% 46,501,000.00 46,501,000.00 0.00 295,165.10 C 337378AE3 7.793000% 42,072,000.00 42,072,000.00 0.00 273,222.58 D 337378AF0 7.936000% 13,286,000.00 13,286,000.00 0.00 87,864.75 E 337378AG8 8.~~191679~~191442% 28,787,000.00 28,787,000.00 0.00 196,505.87 F 337378AH6 8.~~191679~~191442% 13,286,000.00 13,286,000.00 0.00 90,692.92 G 337378AJ2 6.500000% 33,215,000.00 33,215,000.00 0.00 179,914.58 H 337378AK9 6.500000% 11,072,000.00 11,072,000.00 0.00 59,973.33 J 337378AL7 6.500000% 2,214,000.00 2,214,000.00 0.00 11,992.50 K 337378AM5 6.500000% 6,643,000.00 6,643,000.00 0.00 3,491.62 L 337378AN3 6.500000% 8,858,000.00 8,858,000.00 0.00 0.00 M 337378AP8 6.500000% 8,857,000.00 8,857,000.00 0.00 0.00 N 337378AQ6 6.500000% 17,715,326.00 17,715,326.00 0.00 0.00 R-I N/A 0.000000% 0.00 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 0.00 R-III N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 885,738,326.00 ~~853~~851,~~567~~318,~~527~~696.2390 ~~630~~20,~~541~~685,282.9363 4,980,221.47

Class CUSIP ~~Interest~~ Prepayment Realized Loss/ Total Ending Current ~~Distribution~~ Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 337378AA1 ~~1,040,657.48~~ 0.00 0.00 121,~~671~~712,~~199~~477.4112 ~~173~~150,~~198~~895,~~659~~088.3027 27.2688% A-2 337378AB9 ~~2,754,203.73~~ 0.00 0.00 2,754,203.73 447,232,000.00 27.2688% B 337378AD5 ~~295,165.10~~ 0.00 0.00 295,165.10 46,501,000.00 2122.8127% C 337378AE3 ~~273,222.58~~ 0.00 0.00 273,222.58 42,072,000.00 1617.8820% D 337378AF0 ~~87,864.75~~ 0.00 0.00 87,864.75 13,286,000.00 15.3260% E 337378AG8 ~~196,511.56~~ 0.00 0.00 196,~~511~~505.5687 28,787,000.00 1112.9413% F 337378AH6 ~~90,695.54~~ 0.00 0.00 90,~~695~~692.5492 13,286,000.00 10.3853% G 337378AJ2 ~~179,914.58~~ 0.00 0.00 179,914.58 33,215,000.00 6.4952% H 337378AK9 ~~59,973.33~~ 0.00 0.00 59,973.33 11,072,000.00 5.19% J 337378AL7 ~~11,992.50~~ 0.00 0.00 11,992.50 2,214,000.00 4.9392% K 337378AM5 ~~35,982.92~~ 0.00 0.00 353,~~982~~491.9262 6,643,000.00 4.1512% L 337378AN3 ~~47,980~~0.8300 0.00 0.00 ~~47,980.83~~ 8,858,000.00 3.1205% M 337378AP8 ~~47,975~~0.4200 0.00 0.00 ~~47,975.42~~ 8,857,000.00 21.0898% N 337378AQ6 ~~59,902.52~~ 0.00 1,265,627.77 0.00 5916,~~902.52 17~~449,~~715,326~~698.0023 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 ~~5,182,042.84~~ 0.00 01,265,627.0077 525,~~812~~665,~~584~~504.7710 ~~852~~829,~~936~~367,~~985~~786.3050

~~Original~~Class ~~Beginning~~CUSIP Pass-Through ~~Notional~~Original ~~Notional~~Beginning ~~Class~~Interest ~~CUSIP~~ Rate Notional Notional Distribution Amount Amount IO 337378AC7 0.~~855742~~855115% 885,738,326.00 ~~853~~851,~~567~~318,~~527~~696.2386 606,646.10

~~Ending~~ Class CUSIP ~~Interest~~ Prepayment Total ~~Notional~~Ending ~~Distribution~~ Penalties Distribution Notional Amount IO 337378AC7 ~~608,694.66~~ 0.00 ~~608~~606,~~694~~646.6610 ~~852~~829,~~936~~367,~~985~~786.3050 (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 Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending ~~Class CUSIP~~ Balance Distribution Distribution Penalties Additional ~~Trust~~ Balance Trust Fund Expenses A-1 337378AA1 ~~843~~832.~~83107393~~91442184 3100.~~06088316~~41399335 54.~~05173534~~98638102 0.00000000 0.00000000 ~~840~~732.~~77019078~~50042850 A-2 337378AB9 1,000.00000000 0.00000000 6.15833333 0.00000000 0.00000000 1,000.00000000 B 337378AD5 1,000.00000000 0.00000000 6.34750005 0.00000000 0.00000000 1,000.00000000 C 337378AE3 1,000.00000000 0.00000000 6.49416667 0.00000000 0.00000000 1,000.00000000 D 337378AF0 1,000.00000000 0.00000000 6.61333358 0.00000000 0.00000000 1,000.00000000 E 337378AG8 1,000.00000000 0.00000000 6.~~82639942~~82620176 0.00000000 0.00000000 1,000.00000000 F 337378AH6 1,000.00000000 0.00000000 6.~~82639922~~82620202 0.00000000 0.00000000 1,000.00000000 G 337378AJ2 1,000.00000000 0.00000000 5.41666657 0.00000000 0.00000000 1,000.00000000 H 337378AK9 1,000.00000000 0.00000000 5.41666637 0.00000000 0.00000000 1,000.00000000 J 337378AL7 1,000.00000000 0.00000000 5.41666667 0.00000000 0.00000000 1,000.00000000 K 337378AM5 1,000.00000000 0.00000000 50.~~41666717~~52560891 0.00000000 0.00000000 1,000.00000000 L 337378AN3 1,000.00000000 0.00000000 50.~~41666629~~00000000 0.00000000 0.00000000 1,000.00000000 M 337378AP8 1,000.00000000 0.00000000 50.~~41666704~~00000000 0.00000000 0.00000000 1,000.00000000 N 337378AQ6 1,000.00000000 0.00000000 ~~3.38139530~~ 0.00000000 0.00000000 ~~1,000~~71.~~00000000~~44253343 928.55746657 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

~~Beginning~~Class ~~Ending~~CUSIP ~~Notional~~Beginning Interest Prepayment Ending Notional ~~Class CUSIP Amount~~ Distribution Penalties Notional Amount Amount IO 337378AC7 ~~963~~961.~~67911625~~14018313 0.~~68721725~~68490443 0.00000000 ~~962~~936.~~96723339~~35756990

Reconciliation Detail Advance Summary P & I Advances Outstanding 2,~~585~~444,~~261~~618.8965 Servicing Advances Outstanding ~~678~~663,~~732~~670.2413 Reimbursement for Interest on Advances ~~377~~3,059.2072 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00

Servicing Fee Breakdowns Current Period Accrued Servicing Fees 38,~~800~~706.9937 Less Delinquent Servicing Fees 2,~~987~~701.9386 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 32,~~056~~229.2666 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 38,~~869~~234.3217

Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Trust Fund Distribution Distributable Interest Interest Interest Interest ~~Fund~~Expenses Certificate Shortfall Adjustment ~~Expenses~~ Interest A-1 1,~~040~~027,~~657~~194.4849 0.00 1,~~040~~027,~~657~~194.4849 0.00 0.00 1,~~040~~027,~~657~~194.4849 0.00 A-2 2,754,203.73 0.00 2,754,203.73 0.00 0.00 2,754,203.73 0.00 IO ~~608~~606,~~694~~646.6610 0.00 ~~608~~606,~~694~~646.6610 0.00 0.00 ~~608~~606,~~694~~646.6610 0.00 B 295,165.10 0.00 295,165.10 0.00 0.00 295,165.10 0.00 C 273,222.58 0.00 273,222.58 0.00 0.00 273,222.58 0.00 D 87,864.75 0.00 87,864.75 0.00 0.00 87,864.75 0.00 E 196,~~511~~505.5687 0.00 196,~~511~~505.5687 0.00 0.00 196,~~511~~505.5687 0.00 F 90,~~695~~692.5492 0.00 90,~~695~~692.5492 0.00 0.00 90,~~695~~692.5492 0.00 G 179,914.58 0.00 179,914.58 0.00 0.00 179,914.58 0.00 H 59,973.33 0.00 59,973.33 0.00 0.00 59,973.33 0.00 J 11,992.50 0.00 11,992.50 0.00 0.00 11,992.50 0.00 K 35,982.92 0.00 35,982.92 0.00 032,491.0029 353,~~982~~491.9262 032,491.0029 L 47,980.83 0.00 47,980.83 0.00 ~~0.00~~ 47,980.83 0.00 47,980.83 M 47,975.42 0.00 47,975.42 0.00 ~~0.00~~ 47,975.42 0.00 47,975.42 N 95,958.02 0.00 95,958.02 0.00 3695,~~055~~958.5002 ~~59,902~~0.5200 1,~~042~~268,~~032~~311.6017 Total 5,~~826~~811,~~793~~273.0014 0.00 5,~~826~~811,~~793~~273.0014 0.00 36224,~~055~~405.5056 5,~~790~~586,~~737~~867.5057 1,~~042~~396,~~032~~758.6071

Other Required Information Available Distribution Amount (1) 626,~~421~~272,~~279~~150.4320 Aggregate Number of Outstanding Loans ~~156~~154 Aggregate Unpaid Principal Balance of Loans ~~853~~829,~~247~~694,~~616~~977.3629 Aggregate Stated Principal Balance of Loans ~~852~~829,~~943~~367,~~889~~786.6950 Aggregate Amount of Servicing Fee 38,~~869~~234.3217 Aggregate Amount of Special Servicing Fee 13214,~~021~~774.3640 Aggregate Amount of Trustee Fee 1,~~636~~631.0271 Aggregate Trust Fund Expenses ~~377~~3,059.2072 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 02 Aggregate Unpaid Principal Balance 08,397,319.0063 (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount Loan Appraisal Cumulative Current Date Appraisal ~~Loan~~Number Reduction ASER ASER Reduction ~~Number~~Effected Amount Amount ~~Amount~~ Effected 365000028 5,~~248~~345,~~332~~317.3971 ~~738~~858,~~335~~758.0008 3940,~~685~~503.6483 11/12/2002 510000102 2,~~217~~013,~~989~~573.3374 50118,~~065~~280.1525 1716,~~698~~111.9098 03/12/2003 Total 7,~~466~~358,~~321~~891.7245 ~~788~~977,~~400~~038.1533 5756,~~384~~615.5481

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,851,658.37 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 5,851,658.37 Principal: Scheduled Principal 646,160.66 Unscheduled Principal 20,039,121.93 Principal Prepayments 20,039,121.93 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 20,685,282.59 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 26,536,940.96 Total Funds Distributed Fees: Master Servicing Fee 38,706.37 Trustee Fee 1,631.71 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 40,338.08 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 3,059.72 ASER Amount 6,618.57 Special Servicing Fee 214,774.40 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 224,452.69 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,586,867.57 Principal Distribution 20,685,282.63 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 26,272,150.20 Total Funds Distributed 26,536,940.97

Ratings Detail Class CUSIP Original Ratings Current Ratings (1) ~~Class CUSIP~~ Fitch Moody's S & P Fitch Moody's S & P A-1 337378AA1 AAA X AAA AAA X AAA A-2 337378AB9 AAA X AAA AAA X AAA IO 337378AC7 AAA X AAA AAA X AAA B 337378AD5 AA X AA AA X AA+ C 337378AE3 A X A A X A+ D 337378AF0 A- X A- A- X A- E 337378AG8 BBB X BBB BBB X BBB F 337378AH6 BBB- X BBB- BBB- X BBB- G 337378AJ2 BB+ X BB+ BB+ X BB+ H 337378AK9 BB X NR BB X NR J 337378AL7 BB- X NR BB- X NR K 337378AM5 B+ X NR B+ X NR L 337378AN3 B X NR B X NR M 337378AP8 B- X NR CCC X NR N 337378AQ6 NR X NR NR X NR 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.~~% of WAM WAC Weighted Balance Loans Balance ~~Bal~~Agg. (2) ~~WAC~~ Avg DSCR (1) Bal. Defeased 7 54,022,101.80 6.51 10 8.1999 NAP Below 2,000,000 4948 6563,~~975~~935,~~485~~374.2076 7.7471 6865 8.~~4875~~4944 1.~~334083~~299359 2,000,001 to 4,000,000 41 113,~~910~~598,~~621~~896.8793 13.3570 7875 8.~~2072~~2070 1.~~468776~~461380 4,000,001 to 6,000,000 1716 8479,~~388~~625,~~471~~478.6514 9.8960 7776 8.~~0228~~0255 1.~~196451~~198720 6,000,001 to 8,000,000 1411 9875,~~439~~016,~~577~~887.6828 119.5405 5668 8.~~0754~~0307 1.~~213459~~222310 8,000,001 to 10,000,000 76 6454,~~197~~389,~~370~~130.7267 76.5356 6268 7.~~8371~~7694 1.~~219816~~226577 10,000,001 to 15,000,000 2017 ~~235~~198,~~154~~328,~~153~~776.2236 2723.5791 58 7.~~9725~~9098 1.~~236978~~247844 15,000,001 to 20,000,000 4 70,~~599~~346,~~955~~764.1244 8.2848 7370 8.~~0080~~0077 1.~~163335~~184705 20,000,001 to 25,000,000 2 43,~~230~~125,~~012~~991.3225 5.0720 6865 7.9904 1.~~235372~~225480 25,000,001 to 30,000,000 1 2726,~~048~~978,~~241~~384.9187 3.1725 7067 8.0000 1.150000 30,000,001 and greater 1 50,000,000.00 56.8603 6966 7.1400 2.720000 Totals ~~156~~154 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768

State (3) State # of Scheduled % of ~~Weighted~~WAM ~~State~~WAC Weighted Props. Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~Defeased 7 54,022,101.80 6.51 10 8.1999 NAP Alaska 1 1,~~176~~173,~~730~~967.6735 0.14 6865 8.5000 1.090000 Arizona 3 8,~~509~~506,~~600~~816.6993 1.0003 ~~138~~135 7.~~3900~~3897 1.600000 California 28 ~~111~~110,~~050~~770,~~653~~674.8204 13.0236 7572 8.~~0729~~0727 1.~~314924~~311870 Colorado 2 15,~~443~~407,~~911~~733.3421 1.8186 7067 8.1831 1.~~176560~~176552 Connecticut 3 9,~~850~~825,~~173~~788.1658 1.1518 6966 8.3228 1.~~230895~~238715 Delaware 2 14,~~779~~741,~~041~~817.3933 1.7378 6966 8.1854 1.~~250229~~279508 Florida 19 108,~~725~~439,~~546~~677.9475 1213.7507 6663 8.~~1415~~1414 1.~~324680~~288337 Georgia 1312 7570,~~346~~591,~~848~~495.5903 8.8351 6968 8.~~0221~~0255 1.~~207475~~141843 Illinois 2 14,~~356~~325,~~824~~747.5805 1.6873 8784 7.~~5535~~5533 1.~~200000~~220000 Indiana 2 18,~~513~~467,~~557~~271.2913 2.1723 5552 7.~~7792~~7793 1.~~232647~~232665 Kentucky 2 1,~~524~~520,~~917~~288.0822 0.18 6966 8.~~7556~~7557 1.~~144328~~175686 Louisiana 2 3,~~059~~049,~~561~~134.9869 0.3637 6966 8.~~7145~~7144 1.~~487495~~487365 Maine 1 2,~~161~~155,~~707~~374.6484 0.2526 6865 8.5000 1.~~570000~~530000 Maryland 2 4,~~288~~278,~~651~~491.3061 0.5052 6865 8.~~4726~~4727 01.~~918634~~219618 Michigan 1 9,~~486~~458,~~427~~683.0963 1.1114 8986 7.5700 1.360000 Minnesota 21 31,~~792~~932,~~745~~397.6334 0.4423 6967 8.~~2858~~3200 1.~~527253~~630000 Mississippi 4 8,~~514~~482,~~874~~259.6481 1.0002 7067 8.8000 1.~~147778~~079748 ~~Nebraska 2 21,370,449.11 2.51 71 8.3862 1.079108~~ Nevada 5 50,~~276~~153,~~165~~207.6435 56.8905 6764 8.0651 1.~~149821~~152986 New Jersey 7 40,~~618~~412,~~675~~806.0779 4.7687 8683 8.~~3234~~3232 1.~~158486~~160017 New York 2 3,~~901~~891,~~876~~549.2286 0.4647 6764 8.3082 1.~~415199~~366879 North Carolina 3 9,~~361~~302,~~405~~112.9035 1.1012 8380 8.~~3026~~3032 01.~~892458~~565577 Ohio 6 41,~~970~~856,~~092~~735.3049 45.9205 8077 7.5981 1.~~165591~~153261 Oregon 3 3,~~802~~790,~~432~~890.5670 0.4546 7067 8.~~3439~~3438 1.~~066972~~061104 Pennsylvania 10 45,~~719~~568,~~482~~704.3437 5.3649 5754 7.~~3343~~3349 1.~~583056~~512283 South Carolina 2 15,~~157~~117,~~415~~539.8768 1.7882 7067 7.9810 1.~~182394~~155377 Texas 149 7225,~~939~~137,~~199~~583.5829 83.5503 2966 8.~~2443~~2904 1.~~120409~~222841 Vermont 1 2,~~295~~287,~~786~~277.1301 0.2728 7067 9.0000 1.~~100000~~130000 Virginia 12 85,~~787~~667,~~312~~731.9813 10.0633 6057 7.~~5502~~5495 2.~~153720~~136382 Washington 4 27,~~790~~707,~~314~~501.6034 3.2634 4239 8.~~2699~~2700 1.~~224493~~196110 Washington,DC 1 2,~~741~~734,~~183~~937.1870 0.3233 6966 8.0000 1.860000 West Virginia 2 4,~~956~~943,~~534~~650.4027 0.5860 9895 8.3750 0.~~879835~~948658 Wisconsin 2 13,~~673~~645,~~789~~838.9883 1.6065 8077 8.2179 1.~~653662~~646377 Totals ~~165~~163 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~ Credit Lease 7 24,~~261~~253,~~891~~970.1000 2.8492 ~~139~~136 7.~~3786~~3782 NAP Defeased 7 54,022,101.80 6.51 10 8.1999 NAP 1.19 or less 6359 ~~394~~357,~~186~~731,~~864~~521.6616 4643.2113 6769 8.~~1012~~0681 1.~~032290~~034735 1.20 to 1.24 1210 8148,~~238~~893,~~010~~382.5565 95.5290 5966 8.~~1032~~1456 1.~~216082~~222899 1.25 to 1.29 57 4762,~~575~~947,~~546~~439.3278 57.5859 6955 8.~~0803~~0849 1.~~266120~~262347 1.30 to 1.34 1011 5838,~~310~~886,~~527~~977.9905 64.8469 6071 8.~~1839~~1909 1.~~324200~~321119 1.35 to 1.39 5 2736,~~703~~253,~~891~~589.4038 34.2537 7572 78.~~9767~~0617 1.~~372513~~376972 1.40 to 1.44 52 2516,~~786~~191,~~953~~666.3528 31.0295 3825 7.~~9117~~7712 1.~~423997~~430000 1.45 to 1.49 67 2931,~~508~~779,~~833~~946.4649 3.4683 6456 8.~~0245~~0043 1.~~465702~~474387 1.50 to 1.54 43 54,~~680~~387,~~435~~540.7084 0.6753 7066 8.~~5796~~5158 1.~~517219~~530017 1.55 to 1.59 42 84,~~299~~466,~~779~~393.4281 0.9754 6865 8.~~3155~~3686 1.~~568211~~575382 1.60 to 1.69 1210 2825,~~193~~418,~~197~~602.7426 3.3106 6359 8.~~1298~~0746 1.~~645201~~650174 1.70 and greater 2324 ~~122~~124,~~197~~134,~~958~~655.00 14.3397 6261 7.~~5927~~6173 2.~~338409~~293152 Totals ~~156~~154 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~Defeased 7 54,022,101.80 6.51 10 8.1999 NAP Credit Lease 7 24,~~261~~253,~~891~~970.1000 2.8492 ~~139~~136 7.~~3786~~3782 NAP Health Care 2 27,~~243~~112,~~130~~723.6203 3.1927 6764 8.~~2897~~2895 1.~~122749~~122810 Industrial 7 20,~~650~~594,~~058~~607.0946 2.4248 7067 8.4798 1.~~204747~~207674 Lodging 16 76,~~545~~278,~~641~~337.3120 89.9720 5552 8.~~3099~~3100 1.~~286298~~211615 Mixed Use 5 6,~~028~~013,~~345~~330.8726 0.7173 5754 8.5445 1.~~687877~~701504 Mobile Home Park 2 2,~~374~~368,~~693~~799.9744 0.2829 6865 8.2500 1.~~480000~~470000 Multi-Family 6760 ~~389~~334,~~898~~990,~~941~~726.5999 4540.7139 6267 7.~~8556~~7998 1.~~392477~~429924 Office 10 2827,~~069~~991,~~314~~654.3522 3.2938 6966 8.2488 1.~~073751~~111330 Retail 4846 ~~276~~254,~~210~~086,~~229~~414.9885 3230.3864 6865 8.~~0842~~0590 1.~~346970~~366927 Self Storage 1 1,~~661~~655,~~642~~121.8125 0.1920 7067 8.6500 1.320000 Totals ~~165~~163 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768

Note Rate Note Rate # of Scheduled % of ~~Weighted~~WAM ~~Rate~~WAC Weighted Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~Defeased 7 54,022,101.80 6.51 10 8.1999 NAP 6.999% or less 1 11,~~982~~925,~~853~~659.0375 1.4044 4037 6.2200 2.~~290000~~050000 7.000% to 7.249% 8 80,~~194~~167,~~013~~927.6548 9.4067 9087 7.1729 2.~~472422~~462902 7.250% to 7.499% 3 13,~~965~~925,~~050~~924.3116 1.6468 4946 7.~~4063~~4062 1.~~472548~~349667 7.500% to 7.749% 9 74,~~579~~362,~~901~~701.4355 8.7497 7572 7.5526 1.~~195358~~199720 7.750% to 7.999% 1413 ~~130~~125,~~348~~411,~~522~~713.6323 15.2812 6361 7.~~9298~~9283 1.~~298827~~296850 8.000% to 8.249% 3529 ~~283~~224,~~526~~974,~~406~~943.3692 3327.2413 5561 8.~~1104~~0865 1.~~230877~~284661 8.250% to 8.499% 4140 ~~168~~166,~~620~~273,~~315~~355.0699 1920.7705 7168 8.~~3106~~3112 1.~~216069~~186635 8.500% to 8.749% 2423 5543,~~169~~854,~~608~~102.4349 65.4729 83 8.~~5703~~5565 1.~~237889~~268825 8.750% to 8.999% 19 30,~~421~~326,~~094~~250.7939 3.5766 6764 8.7991 1.~~276892~~231903 9.000% and greater 2 4,~~136~~123,~~124~~105.0074 0.4850 7067 9.~~0556~~0557 1.~~402561~~419415 Totals ~~156~~154 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768

Seasoning Seasoning # of Scheduled % of ~~Weighted~~WAM ~~Seasoning~~WAC Weighted Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~Defeased 7 54,022,101.80 6.51 10 8.1999 NAP 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 0 0.00 0.00 0 0.0000 0.000000 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 10 ~~1,427,738~~0.5900 0.1700 720 80.~~5000~~0000 0.~~380000~~000000 49 months and greater ~~155~~147 ~~851~~775,~~516~~345,~~151~~684.1070 9993.8349 6667 87.~~0054~~9821 1.~~347080~~359447 Totals ~~156~~154 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of WAM WAC Weighted Remaining Term (2) Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~Defeased 7 54,022,101.80 6.51 10 8.1999 NAP 60 months or less 1913 ~~132~~80,~~836~~242,~~693~~166.9378 159.5768 2227 7.~~9005~~7075 1.~~378546~~490401 61 to 96 months ~~127~~124 ~~684~~659,~~750~~849,~~812~~264.1184 8079.2856 7067 8.~~0437~~0318 1.~~342598~~340678 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 144 months 1 2,~~437~~430,~~252~~362.5375 0.29 ~~127~~124 8.3750 01.~~890000~~030000 145 to 180 months 7 23,~~678~~672,~~417~~993.3566 2.7885 ~~149~~146 7.~~3321~~3318 1.~~210000~~160000 181 to 204 months 0 0.00 0.00 0 0.0000 0.000000 205 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals ~~154~~152 ~~843~~820,~~703~~216,~~175~~889.9283 98.9290 6562 87.~~0021~~9920 1.~~346641~~338287

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of ~~Weighted~~WAM ~~Stated~~WAC Weighted Term Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~ 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 96 months 0 0.00 0.00 0 0.0000 0.000000 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 144 months 1 2,~~899~~857,~~000~~152.6085 0.34 ~~128~~125 8.1250 13.~~470000~~060000 145 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 to 204 months 1 6,~~341~~293,~~713~~743.1782 0.7476 ~~190~~187 8.5000 1.130000 205 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 2 9,~~240~~150,~~713~~896.7767 1.0810 ~~171~~168 8.~~3824~~3829 1.~~236665~~732597

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of ~~Weighted~~WAM ~~Amortization~~WAC Weighted Term Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~Defeased 7 54,022,101.80 6.51 10 8.1999 NAP Interest Only 1 50,000,000.00 56.8603 6966 7.1400 2.720000 180 months or less 0 0.00 0.00 0 0.0000 0.000000 181 to 228 months 10 58,~~573~~358,~~594~~143.7199 67.8704 7976 7.~~8306~~8293 1.~~354913~~355122 229 to 240 months 0 0.00 0.00 0 0.0000 0.000000 241 to 252 months 17 32,~~427~~298,~~099~~153.9629 3.8089 6966 8.~~6128~~6129 1.~~268050~~289846 253 to 288 months 4 18,~~420~~343,~~967~~542.8264 2.1621 5047 6.~~9968~~9976 2.~~202394~~041553 289 to 300 months 2 4,~~598~~584,~~183~~838.1940 0.5455 9491 8.4927 1.~~210000~~160000 301 to 348 months ~~120~~111 ~~679~~602,~~683~~610,~~330~~109.2471 7972.6966 6465 8.~~0751~~0530 1.~~226122~~224785 349 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals ~~154~~152 ~~843~~820,~~703~~216,~~175~~889.9283 98.9290 6562 87.~~0021~~9920 1.~~346641~~338287

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. ~~WAM~~(2) ~~WAC~~ Avg DSCR (1) Bal. ~~(2)~~ Credit Lease 7 24,~~261~~253,~~891~~970.1000 2.8492 ~~139~~136 7.~~3786~~3782 NAP Defeased 7 54,022,101.80 6.51 10 8.1999 NAP 1 year or less ~~122~~121 ~~721~~691,~~711~~280,~~909~~655.8216 8483.6135 6465 87.~~0335~~9711 1.~~359738~~375810 1 to 2 years 2517 9548,~~912~~778,~~767~~471.0597 115.2488 6566 78.~~9402~~3938 1.~~259010~~172657 2 years or greater 2 11,~~057~~032,~~321~~587.7257 1.3033 6966 8.~~1813~~1812 1.160000 Totals ~~156~~154 ~~852~~829,~~943~~367,~~889~~786.6950 100.00 6663 87.~~0063~~9963 1.~~345414~~342768 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ~~omission~~ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 265330589 1 MF Various VA 297,500.00 0.00 7.140% 265330666 2 RT Canoga Park CA ~~186~~185,~~463~~985.1621 1819,~~990~~468.9287 8.000% 265330670 3 MF Miami FL ~~151~~150,~~144~~791.4015 1314,~~687~~040.5782 8.030% 265330537 4 MF Las Vegas NV 146,~~497~~140.5301 14,~~164~~522.5103 7.950% 465000005 5 MF Toledo OH 121,~~993~~634.4720 1516,~~821~~180.7198 7.500% 265330594 6 MF Wilmington Island GA 124,~~740~~415.9084 1213,~~980~~305.5157 7.990% 365000007 7 HC Jersey City NJ ~~122~~121,~~219~~442.9426 33,~~087~~865.4412 8.375% 265330690 8 RT Aventura FL 118,~~395~~106.0035 1011,~~956~~244.0368 8.230% 265330650 9 MF Dallas TX 105,~~501~~239.3678 910,~~981~~243.4402 8.220% 265330554 10 RT Tustin CA 96,~~350~~097.0387 10,~~108~~360.5874 7.970% 265330671 11 MF Miami FL 91,~~766~~551.2477 8,~~310~~524.3178 8.030% 465000012 12 RT Philadelphia PA 6261,~~208~~914.9200 1819,~~868~~163.1507 6.220% 265330536 13 MF Henderson NV 84,~~896~~687.0752 8,~~312~~521.9348 7.920% 465000014 14 RT Woodinville WA 87,~~231~~015.2701 8,~~301~~517.6995 8.180% 265330613 15 RT Dover DE 8887,~~173~~957.2402 8,~~168~~385.9214 8.270% 510000102 16 RT Federal Way WA 8786,~~115~~876.9566 9,~~103~~342.5988 8.390% 265330643 17 LO Newport News VA 77,~~976~~566.3166 18,~~314~~724.6025 7.885% 265330669 18 MF Orlando FL 80,~~970~~780.2197 7,~~332~~521.6387 8.030% 265330657 19 RT Virginia Beach VA 81,~~662~~483.7343 6,~~736~~915.0939 8.130% 265330588 20 RT Ashwaubenon WI 82,~~317~~159.3761 5,~~648~~805.0985 8.190% 510000106 21 RT Hastings NE 82,~~958~~741.8948 710,~~916~~549,076.9703 8.625% 265330631 22 LO Atlanta GA 79,~~458~~264.7174 7,~~342~~536.6360 8.250% 265330514 23 RT Bartlett IL 72,~~650~~446.3294 8,~~674~~877.2159 7.650% 265330570 24 MF Upper Providence ToTown PA 6968,~~007~~807.0580 8,~~745~~944.6085 7.500% 510000083 25 RT Egg Harbor ~~Townshi~~Township NJ 7372,~~050~~834.2605 89,~~793~~009.5980 8.030% 510000105 26 RT Scottsbluff NE 71,~~481~~277.3977 89,~~108~~506,492.9080 8.125% 465000027 27 MF Gahanna OH 66,~~233~~042.7221 8,~~290~~481.4899 7.590% 365000028 28 HC Denver CO 72,~~529~~377.0212 5,~~617~~768.0494 8.150% 265330629 29 RT Bloomington IN 68,~~450~~309.6360 5,~~274~~415.6972 8.050% 265330680 30 RT Las Vegas NV 68,~~812~~645.4037 6,~~314~~481.2629 8.250% 265330651 31 MF Austin TX 68,~~440~~271.7102 6,~~475~~644.1584 8.220% 465000032 32 MF Oshtemo Twp MI 61,~~889~~709.2355 7,~~808~~987.1684 7.570% 465000033 33 MF Indianapolis IN 55,~~650~~485.5868 7,~~303~~467.0999 7.470% 355330617 34 MF Jonesboro GA 52,~~947~~786.3139 7,~~458~~619.7062 7.208% 265330598 35 MF Goose Creek SC 57,~~367~~217.4091 56,~~969~~119.6413 7.990% 265330649 36 MF Lewisville TX 56,~~429~~289.3646 5,~~338~~478.7767 8.220% 265330639 37 LO Tampa FL 56,~~227~~090.6640 5,~~195~~333.9016 8.250% 265330544 38 OF Larkspur CA 52,~~451~~308.6009 56,~~992~~135.3384 7.760% 265330648 39 MF Irving TX 5453,~~068~~934.1611 5,~~115~~249.3742 8.220% 265330646 40 MF Irving TX 53,~~657~~524.5248 5,~~076~~209.5256 8.220% 265330642 41 LO Islamorada FL 49,~~379~~133.9519 10,~~466~~712.1086 8.235% 265330597 42 MF North Charleston SC 46,~~877~~754.1042 45,~~918~~040.1280 7.970% 265330551 43 MF Sacramento CA 46,~~828~~706.7629 45,~~886~~009.9744 8.000% 265330630 44 LO College Park GA 48,~~346~~228.4441 4,~~467~~585.6063 8.250% 510000100 45 RT Carteret NJ 46,~~525~~177.9236 1415,~~769~~117.3490 8.500% 465000046 46 RT Austin TX 45,~~360~~237.6180 5,~~078~~201.7960 7.810% 465000047 47 MF Forest Park OH 43,~~570~~444.6971 5,~~453~~579.7573 7.590% 825999674 48 CL Marina CA 34,823.58 0.00 7.235% 265330626 49 MF Atlanta GA 43,~~331~~219.4526 4,~~453~~566.9009 8.020% 265330599 50 MF Augusta GA 4241,~~076~~966.1504 4,~~414~~524.4455 7.970% 825999668 51 CL Mesa AZ 31,135.83 0.00 7.235% 265330575 52 RT Philadelphia PA 3938,~~093~~992.9024 4,~~051~~153.4612 8.000% 265330574 53 RT Philadelphia PA 37,~~398~~301.5025 3,~~875~~973.7601 8.000% 265330675 54 IN Las Vegas NV 38,~~699~~608.0035 3,~~317~~407.1984 8.410% 265330547 55 RT Simi Valley CA 3534,~~089~~932.2246 67,~~906~~063.2501 7.875% 265330632 56 LO Atlanta GA 37,~~659~~567.3340 3,~~480~~571.0396 8.250% 510000107 57 RT Pueblo CO 36,~~365~~263.1570 34,~~951~~052.3479 8.250% 265330685 58 MF St. Petersburg FL 34,~~663~~577.7931 3,~~352~~438.0755 8.125% 265330595 59 MF Savannah GA 33,~~666~~578.2212 3,~~532~~620.1020 7.970% 265330571 60 MF Middleton Township PA 3130,~~028~~938.3576 34,~~932~~021.3897 7.500% 265330668 61 OF Shelton CT 33,~~223~~143.7756 3,~~005~~086.8910 8.300% 510000108 62 IN Dallas TX 32,~~588~~497.6200 3,~~573~~665.5517 8.250% 265330596 63 MF Savannah GA 31,~~381~~299.6350 3,~~292~~374.4255 7.970% 265300075 64 MF College Station TX 32,~~178~~099.1750 23,~~952~~030.0673 8.310% 265330641 65 RT Fort Bragg CA 31,~~085~~010.4953 2,~~816~~891.4642 8.280% 265330662 66 LO Livermore CA 3130,~~114~~994.2408 4,~~619~~739.4662 8.740% 365000067 67 MF Orange Park FL 27,~~427~~345.6344 3,~~365~~447.2039 8.000% 265330637 68 LO Raleigh NC 27,~~522~~455.4021 2,~~543~~610.2948 8.250% 265330667 69 OF New London CT 27,~~207~~140.8872 2,~~567~~634.7086 8.200% 265330655 70 MF San Diego CA 26,~~833~~767.3844 2,~~511~~577.1610 8.220% 825999677 71 CL Arlington Heights IL 20,119.25 0.00 7.235% 265330693 72 MF Irving TX 28,~~424~~363.8827 2,~~099~~160.1071 8.750% 510000098 73 LO Ocala FL 26,~~909~~838.1911 2,~~592~~663.8795 8.625% 265330607 74 RT Durham NC 20,~~376~~085.1641 13,~~324~~615.7247 8.125% 265330627 75 RT Woodland Hills CA 23,~~572~~515.2508 2,~~138~~195.3249 8.320% 265330603 76 RT Portsmouth VA 2322,~~040~~985.4626 2,~~041~~097.9212 8.375% 265330619 77 RT Richmond VA 22,~~299~~245.5494 12,~~988~~042.9050 8.360% 825999707 78 CL Columbus OH 16,431.50 0.00 7.235% 255999956 79 RT Zephyrills FL 19,~~759~~716.0628 1,~~848~~891.4422 7.250% 510000097 80 IN San Jose CA 2322,~~037~~977.3980 2,~~125~~185.6928 8.750% 265330633 81 LO Jacksonville FL 21,~~663~~610.0517 2,~~001~~054.8573 8.250% 265330611 82 IN Alexandria VA 20,~~904~~837.3116 2,~~679~~746.3651 8.260% 510000099 83 IN Poway CA 21,~~197~~140.7457 2,~~132~~189.7289 8.500% 265330612 84 OF Baltimore MD 20,~~692~~641.2966 1,~~909~~959.0164 8.280% 825999685 85 CL Camarillo CA 14,984.41 0.00 7.235% 510000109 86 RT Jacksonville FL 20,~~281~~226.5469 2,~~065~~120.5136 8.438% 265330576 87 MF Philadelphia PA 19,~~541~~492.1305 1,~~906~~956.9200 8.120% 265330689 88 LO Pearl MS 20,~~478~~400.3862 23,~~958~~036.8056 8.800% 265330623 89 MF Washington DC 18,~~895~~852.0835 1,~~650~~693.3306 8.000% 510000052 90 CL Hickory NC 18,~~543~~486.0380 2,~~602~~659.9720 8.580% 265330625 91 MF Charleston WV 18,~~179~~137.9806 1,~~581~~624.9082 8.375% 265330587 92 RT Belleair Bluffs FL 17,~~314~~270.4406 1,~~763~~807.4482 8.000% 825999684 93 CL Youngtown AZ 13,163.87 0.00 7.235% 125129417 94 MF Hurricane WV 1716,~~025~~978.8005 2,~~264~~312.8358 8.375% 265330555 95 MF Linden NJ 1716,~~037~~995.9540 1,~~633~~676.9853 8.188% 265330577 96 MF Newark DE 16,~~067~~023.3024 1,~~843~~887.0107 7.750% 265330606 97 MH Medford OR 16,~~881~~839.4385 1,~~577~~618.1977 8.250% 265330665 98 OF Williston VT 17,~~811~~745.0561 2,~~413~~479.5802 9.000% 265330562 99 MF Charlottesville VA 16,~~074~~033.4172 1,~~582~~622.1786 8.125% 265330591 100 LO Monroe LA 16,~~597~~534.6664 2,~~398~~461.0911 8.800% 265330593 101 LO Southhaven MS 16,~~258~~196.6490 2,~~349~~410.1185 8.800% 265330582 102 MU Winter Park FL 16,~~210~~173.4877 1,~~289~~326.7950 8.625% 265330543 103 RT Kittery ME 15,~~835~~789.2624 1,~~742~~788.8183 8.500% 265330509 104 MF Whitehall PA 13,~~724~~683.1959 1,~~823~~864.6727 7.380% 265330529 105 MU Buffalo NY 14,~~831~~795.8814 1,~~395~~432.4822 8.250% 265330658 106 MF Whitehall OH 14,~~675~~640.5166 1,~~286~~320.0186 8.375% 255999618 107 MF Beloit WI 14,~~495~~457.9207 1,~~473~~511.0186 8.380% 265330688 108 LO Grenada MS 14,~~505~~450.8274 2,~~095~~150.8694 8.800% 265330691 109 RT Eagan MN 13,~~886~~853.8465 1,~~237~~270.0322 8.320% 265330660 110 MF Lakewood NJ 13,~~540~~506.5476 1,~~309~~343.4018 8.125% 510000095 111 OF Pearland TX 13,~~901~~863.6609 1,~~473~~512.8946 8.375% 265330605 112 MF Saint Paul MN 13,~~191~~159.8334 1,~~232~~264.4998 8.250% 510000101 113 IN Newark NJ 14,~~469~~434.9176 1,~~171~~206.3247 9.125% 265330681 114 RT Lynnwood WA 12,~~884~~831.8360 2,~~184~~237.7093 8.320% 510000088 115 MF New York NY 13,~~103~~066.1450 1,~~402~~438.2286 8.375% 265330687 116 MF Jackson CA 13,~~318~~288.9739 1,~~098~~128.1674 8.500% 265330592 117 LO McComb MS 13,~~351~~301.7000 1,~~929~~979.1181 8.800% 265330585 118 RT Palmdale CA 12,~~239~~208.3264 1,~~182~~213.3806 8.170% 265330679 119 SS College Station TX 12,~~390~~342.9270 1,~~877~~926.8911 8.650% 265330566 120 MF Bradenton FL 12,~~375~~346.5377 1,~~035~~063.1490 8.510% 265330686 121 MF Venice CA 12,~~303~~274.1793 1,~~014~~042.4165 8.500% 265330661 122 RT Rialto CA 12,~~296~~267.0785 1,~~013~~042.8204 8.500% 365000123 123 LO Federal Way WA 10,~~835~~759.3270 3,~~403~~479.4406 8.000% 465000124 124 MF Van Nuys CA 11,~~942~~914.8566 1,~~039~~067.1837 8.375% 265330528 125 MF Fresno CA 10,~~389~~359.4985 1,~~285~~315.7539 7.560% 265330695 126 OF Salem OR 10,~~462~~421.2017 1,~~632~~673.3134 8.500% 265330659 127 MF Columbus OH 11,~~359~~333.3715 ~~943~~969.2547 8.500% 465000128 128 MF Hollywood CA 11,~~047~~021.8375 ~~961~~987.3139 8.375% 265330601 129 RT Bermuda Dunes CA 10,~~326~~301.3257 ~~915~~939.1590 8.375% 265999973 130 RT Las Vegas NV 10,~~490~~466.7168 ~~861~~885.2225 8.510% 265330578 131 MF Hyattsville MD 10,~~616~~593.5978 ~~761~~783.1394 8.875% 510000103 132 RT Orange CT 10,~~209~~183.4928 ~~932~~959.8405 8.750% 265330579 133 RT Studio City CA 10,~~106~~073.5774 1,~~226~~259.3013 8.750% 265330572 134 MF Chester PA 8,~~675~~650.5348 1,~~099~~124.4954 7.500% 265330663 135 MF North Hollywood CA 9,~~434~~411.2585 ~~826~~849.7313 8.375% 265330573 136 OF Decatur GA 9,~~747~~727.9602 ~~698~~719.8680 8.875% 265330511 137 RT Morrow GA 9,~~259~~224.3403 1,~~331~~366.4980 8.875% 265330523 138 RT Houston TX 8,~~966~~946.8235 ~~724~~744.4491 8.590% 265330618 139 OF Anchorage AK 8,~~618~~598.3123 ~~723~~744.9907 8.500% 465000140 140 RT Phoenix AZ 8,~~380~~360.6775 ~~735~~755.9688 8.370% 265330677 141 MF Ontario CA 8,~~470~~451.8040 ~~695~~714.4080 8.510% 265999972 142 MU Charlottesville VA 8,~~615~~596.3081 ~~628~~646.4392 8.750% 265330620 143 RT Suwanee GA 8,~~244~~227.7513 ~~586~~604.9153 8.875% 265330640 144 RT Encino CA 7,~~773~~754.2096 ~~661~~679.4771 8.470% 465000145 145 RT Seminole FL 7,~~616~~586.2762 1,~~139~~169.5621 8.750% 265330602 146 MF San Diego CA 6,~~753~~737.9431 ~~631~~647.0164 8.250% 265330545 147 RT Margate FL 6,~~543~~517.0367 ~~965~~990.2763 8.820% 265330646 148 MF Royersford PA 6,~~269~~254.4952 ~~555~~570.2825 8.350% 265330644 149 MF Grambling LA 6,~~383~~369.9406 ~~536~~551.2816 8.500% 265330664 150 MF North Hollywood CA 6,~~276~~261.0556 ~~521~~535.1564 8.500% 265330609 151 RT Austin TX 6,~~267~~243.3040 ~~901~~925.2414 8.875% 265330580 152 RT Louisville KY 6,~~091~~078.2341 ~~425~~437.1092 8.875% 265330557 153 OF Louisville KY 5,~~415~~393.5185 ~~849~~871.7339 8.625% 265330674 154 MU Fairview NJ 4,~~727~~709.0217 ~~672~~690.2308 8.875% 265330654 155 MF Buena Park CA 4,~~351~~341.1424 ~~354~~364.6151 8.500% 265330581 156 MF Cape Coral FL 4,~~142~~133.6830 ~~329~~338.6199 8.625% Totals 5,~~867~~851,~~277~~658.1037 ~~630~~20,~~541~~685,282.9359

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment ~~Maturity~~Date Amort Scheduled Scheduled ~~Thru~~ Date Date (Y/N) Balance Balance ~~Date~~ 265330589 N/A 10/01/2009 N 50,000,000.00 50,000,000.00 0104/01/2004 265330666 N/A 11/01/2009 N 2726,~~067~~997,~~232~~853.8374 2726,~~048~~978,~~241~~384.9187 0104/01/2004 265330670 N/A 11/01/2009 N 21,~~858~~807,~~347~~261.3707 21,~~844~~793,~~659~~220.8025 0104/01/2004 265330537 N/A 07/01/2009 N 21,~~399~~347,~~517~~293.03 21,~~385~~332,~~352~~771.5200 0104/01/2004 465000005 N/A 06/01/2009 N 18,~~889~~833,~~312~~682.0136 18,~~873~~817,~~490~~501.3038 0104/01/2004 265330594 N/A 09/01/2011 N 18,~~130~~082,~~213~~967.4110 18,~~117~~069,~~232~~661.9053 0104/01/2004 365000007 N/A 06/01/2009 N 16,~~947~~839,~~203~~369.8973 16,~~914~~805,~~116~~504.4561 0104/01/2004 265330690 N/A 11/01/2009 N 16,~~706~~665,~~071~~341.5060 16,~~695~~654,~~115~~096.4792 0104/01/2004 265330650 N/A 09/01/2004 N 14,~~904~~867,~~830~~875.1092 14,~~894~~857,~~848~~632.6690 0104/01/2004 265330554 N/A 09/01/2009 N 14,~~038~~002,~~940~~198.4393 1413,~~028~~991,~~831~~838.8519 0104/01/2004 265330671 N/A 11/01/2009 N 13,~~271~~240,~~139~~122.6295 13,~~262~~231,~~829~~598.3117 0104/01/2004 465000012 05/01/2007 05/01/2027 N 1211,~~001~~944,~~721~~822.1882 11,~~982~~925,~~853~~659.0375 0104/01/2004 265330536 N/A 07/01/2009 N 12,~~448~~417,~~103~~524.7970 12,~~439~~409,~~790~~003.8622 0104/01/2004 465000014 N/A 10/01/2004 N 12,~~383~~353,~~963~~262.9578 12,~~375~~344,~~662~~744.2683 0104/01/2004 265330613 N/A 10/01/2009 N 12,~~381~~351,~~466~~104.7903 12,~~373~~342,~~297~~718.8789 0104/01/2004 510000102 N/A 11/01/2009 N 12,~~058~~024,~~034~~913.1572 12,~~048~~015,~~930~~570.5684 0812/01/2003 265330643 N/A 12/01/2004 N 11,~~484~~423,~~227~~895.4714 11,~~465~~405,~~912~~170.8789 0104/01/2004 265330669 N/A 11/01/2009 N 11,~~709~~682,~~828~~461.9832 11,~~702~~674,~~496~~939.3545 0104/01/2004 265330657 N/A 10/01/2009 N 11,~~664~~639,~~716~~103.2371 11,~~657~~632,~~980~~188.1432 0104/01/2004 265330588 N/A 09/01/2009 N 11,~~672~~649,~~083~~713.3565 11,~~666~~643,~~435~~907.2680 0104/01/2004 510000106 N/A 12/01/2009 N 11,~~169~~140,~~780~~508.7341 ~~11,161,863~~0.7600 1102/01/~~2003~~2004 265330631 N/A 10/01/2009 N 11,~~184~~157,~~803~~499.9054 11,~~177~~149,~~461~~962.2794 0104/01/2004 265330514 N/A 09/01/2009 N 1110,~~028~~997,~~511~~637.3722 1110,~~019~~988,~~837~~759.1663 0104/01/2004 265330570 N/A 09/01/2009 N 10,~~684~~654,~~962~~111.8246 10,~~676~~645,~~217~~166.2261 0104/01/2004 510000083 N/A 09/01/2009 N 10,~~564~~533,~~453~~184.4984 10,~~555~~524,~~659~~175.9004 0104/01/2004 510000105 N/A 12/01/2009 N 10,~~216~~187,~~694~~592.2558 ~~10,208,585~~0.3500 1203/01/~~2003~~2004 465000027 N/A 06/01/2011 N 10,~~133~~104,~~935~~635.8536 10,~~125~~096,~~645~~153.37 0104/01/2004 365000028 N/A 10/01/2009 N 10,~~334~~312,~~631~~987.2136 10,~~329~~307,~~014~~218.1742 09/01/2001 265330629 N/A 09/01/2009 N 9,~~874~~854,~~665~~320.8339 9,~~869~~848,~~391~~904.1467 0104/01/2004 265330680 N/A 11/01/2009 N 9,~~686~~662,~~202~~690.2789 9,~~679~~656,~~888~~209.0160 0104/01/2004 265330651 N/A 09/01/2004 N 9,~~669~~645,~~043~~070.2943 9,~~662~~638,~~568~~425.1459 0104/01/2004 465000032 N/A 06/01/2011 N 9,~~494~~466,~~235~~671.2547 9,~~486~~458,~~427~~683.0963 0104/01/2004 465000033 N/A 06/01/2007 N 8,~~651~~625,~~469~~834.2445 8,~~644~~618,~~166~~366.1546 0104/01/2004 355330617 N/A 08/01/2009 N 8,~~530~~504,~~409~~484.7247 8,~~522~~496,~~951~~864.0285 0104/01/2004 265330598 N/A 09/01/2011 N 8,~~337~~316,~~948~~220.8159 8,~~331~~310,~~979~~101.1746 0104/01/2004 265330649 N/A 09/01/2004 N 7,~~972~~952,~~125~~360.9126 7,~~966~~946,~~787~~881.1459 0104/01/2004 265330639 N/A 10/01/2009 N 7,~~914~~895,~~744~~422.0958 7,~~909~~890,~~548~~089.1942 0104/01/2004 265330544 N/A 09/01/2009 N 7,~~849~~827,~~424~~947.0384 7,~~843~~821,~~431~~812.7000 0910/01/2003 265330648 N/A 09/01/2004 N 7,~~638~~619,~~544~~605.1659 7,~~633~~614,~~428~~356.7917 0104/01/2004 265330646 N/A 09/01/2004 N 7,~~580~~561,~~529~~734.6287 7,~~575~~556,~~453~~525.1031 0104/01/2004 265330642 N/A 12/01/2004 N 6,~~963~~928,~~503~~706.7810 6,~~953~~917,~~037~~993.6824 0104/01/2004 265330597 N/A 09/01/2007 N 6,~~830~~812,~~354~~479.8202 6,~~825~~807,~~436~~438.7022 0104/01/2004 265330551 N/A 08/01/2009 N 6,~~797~~779,~~723~~944.6870 6,~~792~~774,~~836~~935.7126 0104/01/2004 265330630 N/A 10/01/2009 N 6,~~805~~788,~~363~~750.6236 6,~~800~~784,~~896~~164.0273 0104/01/2004 510000100 N/A 11/01/2019 N 6,~~356~~308,~~482~~861.5172 6,~~341~~293,~~713~~743.1782 0104/01/2004 465000046 N/A 09/01/2009 N 6,~~744~~726,~~794~~533.2411 6,~~739~~721,~~715~~331.4551 1204/01/~~2003~~2004 465000047 N/A 06/01/2011 N 6,~~666~~647,~~431~~157.8402 6,~~660~~641,~~978~~577.0929 0104/01/2004 825999674 N/A 06/01/2016 N 5,775,853.28 5,775,853.28 0104/01/2004 265330626 N/A 09/01/2009 N 6,~~274~~258,~~363~~118.8305 6,~~269~~253,~~909~~551.9396 0104/01/2004 265330599 N/A 09/01/2007 N 6,~~130~~114,~~819~~774.4538 6,~~126~~110,~~405~~249.0183 0104/01/2004 825999668 N/A 06/01/2016 N 5,164,201.01 5,164,201.01 0104/01/2004 265330575 N/A 09/01/2009 N 5,~~674~~660,~~920~~163.7183 5,~~670~~656,~~869~~010.2571 0104/01/2004 265330574 N/A 09/01/2009 N 5,~~428~~414,~~814~~697.4655 5,~~424~~410,~~938~~724.7054 0104/01/2004 265330675 N/A 11/01/2009 N 5,~~343~~331,~~731~~213.2383 5,~~340~~327,~~414~~805.0499 0104/01/2004 265330547 N/A 10/01/2009 N 5,~~174~~151,~~447~~330.7341 5,~~167~~144,~~541~~267.4840 0104/01/2004 265330632 N/A 10/01/2009 N 5,~~301~~288,~~019~~079.9913 5,~~297~~284,~~539~~507.9617 0104/01/2004 510000107 N/A 12/01/2009 N 5,~~118~~104,~~848~~567.5158 5,~~114~~100,~~897~~514.1779 0104/01/2004 265330685 N/A 11/01/2009 N 4,~~954~~942,~~427~~066.0294 4,~~951~~938,~~074~~628.9539 1203/01/~~2003~~2004 265330595 N/A 09/01/2007 N 4,~~905~~892,~~427~~589.8074 4,~~901~~888,~~895~~969.7054 0104/01/2004 265330571 N/A 09/01/2009 N 4,~~804~~790,~~389~~517.4036 4,~~800~~786,~~457~~495.0239 0104/01/2004 265330668 N/A 10/01/2009 N 4,~~648~~637,~~487~~264.5964 4,~~645~~634,~~481~~178.7054 0104/01/2004 510000108 N/A 11/01/2009 N 4,~~587~~574,~~253~~357.8666 4,~~583~~570,~~680~~692.3149 0103/01/2004 265330596 N/A 09/01/2007 N 4,~~572~~560,~~545~~578.3243 4,~~569~~557,~~252~~203.9088 0104/01/2004 265300075 N/A 08/01/2009 N 4,~~496~~485,~~774~~781.2223 4,~~493~~482,~~822~~750.1650 0104/01/2004 265330641 N/A 11/01/2009 N 4,~~359~~349,~~815~~303.7203 4,~~356~~346,~~999~~411.2661 0104/01/2004 265330662 N/A 10/01/2009 N 4,~~134~~118,~~172~~206.2241 4,~~129~~113,~~552~~466.7679 0104/01/2004 365000067 N/A 08/01/2009 N 3,~~981~~969,~~430~~498.7391 3,~~978~~966,~~065~~051.5352 0104/01/2004 265330637 N/A 10/01/2009 N 3,~~874~~864,~~120~~662.1261 3,~~871~~862,~~576~~052.8313 0104/01/2004 265330667 N/A 10/01/2009 N 3,~~853~~843,~~200~~689.3977 3,~~850~~841,~~632~~054.6991 0104/01/2004 265330655 N/A 10/01/2009 N 3,~~790~~781,~~917~~601.5169 3,~~788~~779,~~406~~024.3559 0104/01/2004 825999677 N/A 06/01/2016 N 3,336,987.42 3,336,987.42 0104/01/2004 265330693 N/A 11/01/2009 N 3,~~772~~764,~~518~~341.1142 3,~~770~~762,~~419~~180.0171 0104/01/2004 510000098 N/A 11/01/2009 N 3,~~623~~613,~~116~~546.3524 3,~~620~~610,~~523~~882.4829 0104/01/2004 265330607 N/A 09/01/2014 N 2,~~912~~870,~~325~~768.32 2,~~899~~857,~~000~~152.6085 0104/01/2004 265330627 N/A 09/01/2009 N 3,~~290~~282,~~171~~191.0420 3,~~288~~279,~~032~~995.7271 0104/01/2004 265330603 N/A 09/01/2009 N 3,~~194~~187,~~825~~171.9837 3,~~192~~185,~~784~~074.0625 0104/01/2004 265330619 N/A 09/01/2009 N 3,~~097~~090,~~636~~190.8730 3,~~095~~088,~~647~~147.9780 0104/01/2004 825999707 N/A 06/01/2016 N 2,725,335.51 2,725,335.51 0104/01/2004 255999956 N/A 11/01/2008 N 3,~~164~~158,~~966~~113.4010 3,~~163~~156,~~117~~221.9688 0104/01/2004 510000097 N/A 11/01/2009 N 3,~~057~~049,~~497~~587.3187 3,~~055~~047,~~371~~402.6259 0104/01/2004 265330633 N/A 10/01/2009 N 3,~~049~~041,~~344~~900.8779 3,~~047~~039,~~343~~846.0206 0104/01/2004 265330611 N/A 09/01/2009 N 2,~~938~~929,~~980~~538.0647 2,~~936~~926,~~300~~791.7096 0104/01/2004 510000099 N/A 11/01/2009 N 2,~~896~~888,~~086~~275.2759 2,~~893~~886,~~953~~085.5570 1204/01/~~2003~~2004 265330612 N/A 09/01/2009 N 2,~~902~~895,~~144~~042.1495 2,~~900~~893,~~235~~083.1331 0104/01/2004 825999685 N/A 06/01/2016 N 2,485,320.08 2,485,320.08 0104/01/2004 510000109 N/A 12/01/2009 N 2,~~791~~783,~~437~~889.3413 2,~~789~~781,~~371~~768.8377 0104/01/2004 265330576 N/A 10/01/2004 N 2,~~794~~787,~~695~~676.8905 2,~~792~~785,~~788~~720.9705 0104/01/2004 265330689 N/A 11/01/2009 N 2,~~702~~692,~~426~~163.0291 2,~~699~~689,~~467~~127.2235 0104/01/2004 265330623 N/A 10/01/2009 N 2,~~742~~736,~~833~~630.5176 2,~~741~~734,~~183~~937.1870 0104/01/2004 510000052 N/A 06/01/2008 N 2,~~593~~585,~~431~~566.4457 2,~~590~~582,~~828~~907.4737 0104/01/2004 265330625 N/A 11/01/2009 N 2,~~520~~514,~~863~~912.7734 2,~~519~~513,~~281~~287.8752 0104/01/2004 265330587 N/A 11/01/2009 N 2,~~513~~506,~~385~~943.8147 2,~~511~~505,~~622~~135.3765 0104/01/2004 825999684 N/A 06/01/2016 N 2,183,365.33 2,183,365.33 0104/01/2004 125129417 N/A 08/01/2014 N 2,~~439~~432,~~517~~675.3633 2,~~437~~430,~~252~~362.5375 0104/01/2004 265330555 N/A 09/01/2009 N 2,~~416~~410,~~611~~576.0270 2,~~414~~408,~~977~~900.0417 0103/01/2004 265330577 N/A 09/01/2009 N 2,~~407~~400,~~586~~985.5351 2,~~405~~399,~~743~~098.5244 0104/01/2004 265330606 N/A 09/01/2009 N 2,~~376~~370,~~271~~418.1621 2,~~374~~368,~~693~~799.9744 1204/01/~~2003~~2004 265330665 N/A 11/01/2009 N 2,~~298~~289,~~199~~756.7103 2,~~295~~287,~~786~~277.13 01 04/01/2004 265330562 N/A 09/01/2009 N 2,~~297~~291,~~484~~668.0967 2,~~295~~290,~~901~~045.9281 0104/01/2004 265330591 N/A 11/01/2009 N 2,~~190~~181,~~307~~990.6022 2,~~187~~179,~~909~~529.5111 0104/01/2004 265330593 N/A 11/01/2009 N 2,~~145~~137,~~568~~420.2574 2,~~143~~135,~~219~~009.1489 0104/01/2004 265330582 N/A 09/01/2009 N 2,~~182~~177,~~617~~674.2850 2,~~181~~176,~~327~~348.4900 0104/01/2004 265330543 N/A 09/01/2009 N 2,~~163~~157,~~450~~163.4567 2,~~161~~155,~~707~~374.6484 0104/01/2004 265330509 N/A 09/01/2009 N 2,~~159~~153,~~589~~200.8709 2,~~157~~151,~~766~~335.2082 0104/01/2004 265330529 N/A 08/01/2009 N 2,~~087~~082,~~771~~599.8195 2,~~086~~081,~~376~~167.3373 0104/01/2004 265330658 N/A 10/01/2009 N 2,~~034~~030,~~928~~096.2774 2,~~033~~028,~~642~~775.2688 0104/01/2004 255999618 N/A 05/01/2016 N 2,~~008~~003,~~827~~442.7389 2,~~007~~001,~~354~~931.7203 0104/01/2004 265330688 N/A 11/01/2009 N 1,~~914~~906,~~258~~988.1197 1,~~912~~904,~~162~~838.2503 0104/01/2004 265330691 N/A 11/01/2009 N 1,~~938~~933,~~300~~667.0756 1,~~937~~932,~~063~~397.0434 0104/01/2004 265330660 N/A 11/01/2009 N 1,~~935~~930,~~323~~495.3117 1,~~934~~929,~~013~~151.9199 0104/01/2004 510000095 N/A 10/01/2009 N 1,~~927~~922,~~625~~276.8874 1,~~926~~920,~~151~~764.9928 0104/01/2004 265330605 N/A 09/01/2009 N 1,~~856~~852,~~915~~341.0834 1,~~855~~851,~~682~~076.5936 0104/01/2004 510000101 N/A 11/01/2009 N 1,~~841~~837,~~509~~035.1920 1,~~840~~835,~~337~~828.8773 0104/01/2004 265330681 N/A 10/01/2009 N 1,~~798~~791,~~441~~010.4098 1,~~796~~788,~~256~~773.7005 0104/01/2004 510000088 N/A 09/01/2009 N 1,~~816~~811,~~902~~820.1199 1,~~815~~810,~~499~~382.8913 0104/01/2004 265330687 N/A 11/01/2009 N 1,~~819~~815,~~669~~492.0615 1,~~818~~814,~~570~~363.9041 0104/01/2004 265330592 N/A 11/01/2009 N 1,~~761~~755,~~955~~264.1435 1,~~760~~753,~~026~~284.0354 0104/01/2004 265330585 N/A 09/01/2009 N 1,~~739~~735,~~706~~346.9928 1,~~738~~734,~~524~~133.6122 0104/01/2004 265330679 N/A 11/01/2009 N 1,~~663~~657,~~520~~047.7036 1,~~661~~655,~~642~~121.8125 0104/01/2004 265330566 N/A 09/01/2009 N 1,~~688~~684,~~788~~862.0640 1,~~687~~683,~~752~~798.9250 0104/01/2004 265330686 N/A 11/01/2009 N 1,~~680~~677,~~889~~030.1177 1,~~679~~675,~~874~~988.70 12 04/01/~~2003~~2004 265330661 N/A 11/01/2009 N 1,~~679~~676,~~918~~062.7261 1,~~678~~675,~~904~~020.9057 0104/01/2004 365000123 N/A 12/01/2008 N 1,~~572~~561,~~868~~891.5268 1,~~569~~558,~~465~~412.0862 0104/01/2004 465000124 N/A 11/01/2009 N 1,~~656~~652,~~013~~104.9231 1,~~654~~651,~~974~~036.7494 0104/01/2004 265330528 N/A 09/01/2009 N 1,~~595~~591,~~927~~375.1249 1,~~594~~590,~~641~~060.3710 0104/01/2004 265330695 N/A 01/01/2010 N 1,~~429~~423,~~370~~764.9060 1,~~427~~422,~~738~~091.5926 04/01/2003 265330659 N/A 10/01/2009 N 1,~~551~~548,~~944~~361.0253 1,~~551~~547,~~000~~392.7706 0104/01/2004 465000128 N/A 11/01/2009 N 1,~~531~~528,~~909~~293.6501 1,~~530~~527,~~948~~305.3462 0104/01/2004 265330601 N/A 09/01/2009 N 1,~~431~~428,~~862~~432.6701 1,~~430~~427,~~947~~492.5211 0104/01/2004 265999973 N/A 11/01/2009 N 1,~~431~~428,~~581~~302.4379 1,~~430~~427,~~720~~417.2154 0104/01/2004 265330578 N/A 08/01/2009 N 1,~~389~~386,~~177~~192.3024 1,~~388~~385,~~416~~408.1730 0104/01/2004 510000103 N/A 12/01/2009 N 1,~~354~~351,~~991~~514.6118 1,~~354~~350,~~058~~555.7713 0104/01/2004 265330579 N/A 10/01/2009 N 1,~~341~~336,~~332~~975.7522 1,~~340~~335,~~106~~716.4509 0104/01/2004 265330572 N/A 09/01/2009 N 1,~~343~~339,~~307~~428.3069 1,~~342~~338,~~207~~304.8115 0104/01/2004 265330663 N/A 10/01/2009 N 1,~~308~~305,~~167~~061.96 1,~~307~~304,~~341~~212.2383 0104/01/2004 265330573 N/A 08/01/2009 N 1,~~275~~272,~~517~~776.0621 1,~~274~~272,~~818~~056.2041 0104/01/2004 265330511 N/A 09/01/2009 N 1,~~211~~206,~~581~~960.3926 1,~~210~~205,~~249~~593.9046 0104/01/2004 265330523 N/A 09/01/2009 N 1,~~212~~209,~~233~~466.4825 1,~~211~~208,~~509~~721.0434 0104/01/2004 265330618 N/A 09/01/2009 N 1,~~177~~174,~~454~~711.6642 1,~~176~~173,~~730~~967.6735 0104/01/2004 465000140 N/A 10/01/2009 N 1,~~162~~160,~~770~~006.3147 1,~~162~~159,~~034~~250.3559 0104/01/2004 265330677 N/A 11/01/2009 N 1,~~155~~153,~~941~~294.5317 1,~~155~~152,~~246~~579.1337 0104/01/2004 265999972 N/A 12/01/2004 N 1,~~143~~140,~~413~~959.7502 1,~~142~~140,~~785~~312.3210 0104/01/2004 265330620 N/A 09/01/2009 N 1,~~078~~076,~~822~~517.6914 1,~~078~~075,~~235~~912.7861 0104/01/2004 265330640 N/A 09/01/2009 N 1,~~065~~063,~~754~~254.1939 1,~~065~~062,~~092~~574.7268 0104/01/2004 465000145 N/A 09/01/2009 N 1,~~010~~006,~~823~~888.0730 1,~~009~~005,~~683~~719.5109 0104/01/2004 265330602 N/A 09/01/2009 N ~~950~~948,~~701~~360.9125 ~~950~~947,~~070~~712.9061 0104/01/2004 265330545 N/A 08/01/2009 N ~~861~~858,~~491~~152.9490 ~~860~~857,~~526~~162.6727 0104/01/2004 265330646 N/A 10/01/2009 N ~~871~~869,~~939~~857.4260 ~~871~~869,~~384~~287.1435 0104/01/2004 265330644 N/A 09/01/2009 N ~~872~~870,~~188~~156.7574 ~~871~~869,~~652~~605.4758 0104/01/2004 265330664 N/A 10/01/2009 N ~~857~~855,~~448~~469.9259 ~~856~~854,~~927~~933.7795 0104/01/2004 265330609 N/A 09/01/2009 N ~~820~~816,~~074~~946.2235 ~~819~~816,~~172~~021.9821 0104/01/2004 265330580 N/A 11/01/2009 N ~~797~~795,~~034~~356.6399 ~~796~~794,~~609~~919.5307 0104/01/2004 265330557 N/A 08/01/2009 N ~~729~~726,~~157~~240.2854 ~~728~~725,~~307~~369.5515 0104/01/2004 265330674 N/A 10/01/2009 N ~~618~~616,~~528~~192.9651 ~~617~~615,~~856~~502.7343 0104/01/2004 265330654 N/A 12/01/2009 N ~~594~~593,~~462~~110.8886 ~~594~~592,~~108~~746.2735 0104/01/2004 265330581 N/A 09/01/2009 N ~~557~~556,~~780~~516.0287 ~~557~~556,~~450~~177.4188 0104/01/2004 Totals ~~853~~851,~~574~~325,~~431~~601.6225 ~~852~~829,~~943~~367,~~889~~786.6950

Loan Appraisal Appraisal Res. Mod. ~~Loan~~Number Reduction Reduction Strat. Code ~~Number~~ Date Amount (2) (3) 510000102 03/12/2003 2,~~217~~013,~~989~~573.3374 132 510000106 136 510000105 136 365000028 11/12/2002 5,~~248~~345,~~332~~317.2971 7 265330544 1311 465000046 131 265330686 1311 265330695 1310 Totals 7,~~466~~358,~~321~~891.7245 (1) Property Type Code MF - Multi-Family RT - Retail HC - Health Care IN - Industrial WH - Warehouse MH - Mobile Home Park OF - Office MU - Mixed Use LO - Lodging SS - Self Storage OT - Other IW - Industrial/~~warehouse~~Warehouse (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu ofOf 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

~~Historical~~Principal Prepayment Detail ~~Delinquencies~~Loan ~~Distribution~~Number ~~30-59~~Offering ~~Days~~Principal ~~60-89~~Prepayment ~~Days~~Amount 90Prepayment ~~Days~~Penalties orDocument ~~More~~Payoff ~~Foreclosure~~Curtailment ~~REO~~Prepayment ~~Modifications~~Yield ~~Date~~Maintenance #Cross-Reference ~~Balance~~Amount #Amount ~~Balance~~Premium #Premium ~~Balance~~510000106 ~~# Balance # Balance # Balance 01/16/2004 1 $11,161,863.76 0 $0.00 3 $~~21~~,320,100.85~~ ~~0 $0.00 1 $~~10,~~329~~540,~~014~~941.1765 0 $0.00 ~~12/17/2003 1 $10,216,694.25 2 $19,019,204.76 2 $13,487,405.05~~ 0 $0.00 ~~1 $10,334,631.21~~ 0 $0.00 ~~11/18/2003~~510000105 126 ~~$11~~9,~~180~~498,~~298~~180.2028 ~~1 $7,857,058.98 2 $13,501,192.06~~ 0 $0.00 ~~1 $10,342,534.23~~ 0 $0.00 ~~10/20/2003 1 $7,862,960.86~~ 0 $0.00 2Totals ~~$13~~20,~~511~~039,~~751~~121.73 0 $0.00 1 $10,348,057.05 0 $0.00 09/17/2003 1 $1,684,671.81 0 $0.00 2 $13,525,369.38 0 $0.00 1 $10,355,869.50 0 $0.00 08/15/2003 0 $0.00 0 $0.00 2 $13,535,755.29 0 $0.00 1 $10,361,299.39 0 $0.00 07/17/2003 2 $21,474,599.00 1 $1,438,013.55 1 $12,108,053.01 0 $0.00 1 $10,366,691.43 0 $0.00 06/17/2003 0 $0.00 0 $0.00 1 $12,119,536.79 0 $0.00 1 $10,374,378.17 0 $0.00 05/16/2003 0 $0.00 0 $0.00 1 $12,128,133.93 0 $0.00 ~~1 $10,379,679.07~~ 0 $0.00 ~~04/17/2003~~ 0 $0.00 0 $0.00 1 $12,139,478.28 0 $0.00 1 $10,387,278.20 0 $0.00 03/17/2003 2 $5,615,654.33 0 $0.00 1 $12,147,932.38 0 $0.00 1 $10,392,489.19 0 $0.00 02/18/2003 2 $5,623,052.15 1 $12,164,770.04 0 $0.00 0 $0.00 1 $10,404,681.13 0 $0.00

~~Prepayments~~Historical Detail Delinquencies Distribution ~~Curtailments~~30-59 ~~Payoff~~Days 60-89 Days 90 Days or More Date # ~~Amount~~Balance # ~~Amount~~Balance 01# Balance 04/16/2004 01 $0.00 0 $0.00 123 $21,259,474.10 03/17/~~2003~~2004 01 $011,140,508.0041 0 $0.00 113 $21,276,626.16 02/18/~~2003~~2004 01 $011,153,887.0099 0 $0.00 103 $21,303,254.85 01/2016/~~2003~~2004 01 $011,161,863.0076 0 $0.00 093 $21,320,100.85 12/17/2003 01 $010,216,694.0025 02 $019,019,204.0076 082 $13,487,405.05 11/1518/2003 01 $011,180,298.0020 01 $07,857,058.0098 072 $13,501,192.06 10/1720/2003 01 $07,862,960.0086 0 $0.00 062 $13,511,751.73 09/17/2003 01 $01,684,671.0081 0 $0.00 052 $13,525,369.38 08/1615/2003 0 $0.00 0 $0.00 042 $13,535,755.29 07/17/2003 02 $021,474,599.00 01 $01,438,013.0055 031 $12,108,053.01 06/17/2003 0 $0.00 0 $0.00 021 $12,119,536.79 05/1816/2003 0 $0.00 0 $0.00 1 $12,128,133.93

~~Rate~~Distribution ~~and~~Foreclosure ~~Maturities~~REO ~~Distribution~~Modifications ~~Next~~Date ~~Weighted~~# ~~Avg.~~Balance ~~WAM~~# ~~Date~~Balance ~~Coupon~~# ~~Remit~~Balance 0104/16/2004 80 $0.~~006256%~~00 71 $10,307,218.~~931396%~~42 660 12$0.00 03/17/~~2003~~2004 80 $0.~~006298%~~00 71 $10,312,987.~~933417%~~36 670 11$0.00 02/18/~~2003~~2004 ~~8.005836%~~0 7$0.~~932873%~~00 681 $10,323,357.71 0 $0.00 01/2016/~~2003~~2004 80 $0.~~005878%~~00 71 $10,329,014.~~932920%~~17 690 09$0.00 12/17/2003 80 $0.~~005945%~~00 71 $10,334,631.~~932989%~~21 700 08$0.00 11/1518/2003 80 $0.~~005986%~~00 71 $10,342,534.~~933034%~~23 710 07$0.00 10/1720/2003 80 $0.~~006027%~~00 71 $10,348,057.~~932427%~~05 720 06$0.00 09/17/2003 80 $0.~~006092%~~00 71 $10,355,869.~~932495%~~50 730 05$0.00 08/1615/2003 80 $0.~~005789%~~00 71 $10,361,299.~~931404%~~39 740 04$0.00 07/17/2003 80 $0.~~005852%~~00 71 $10,366,691.~~931556%~~43 750 03$0.00 06/17/2003 80 $0.~~005891%~~00 71 $10,374,378.~~932091%~~17 760 02$0.00 05/1816/2003 ~~8.006002%~~0 7$0.~~932205%~~00 771 ~~Note:~~$10,379,679.07 ~~Foreclosure~~0 ~~and REO Totals are excluded from the delinquencies aging categories~~$0.00

~~Delinquency~~Prepayments ~~Loan~~Rate ~~Detail~~and ~~Offering~~Maturities #Distribution ofCurtailments ~~Current~~Payoff ~~Outstanding~~Next ~~Status~~Weighted ofAvg. ~~Loan~~WAM ~~Number~~Date ~~Document~~# ~~Months~~Amount ~~Paid~~# ~~Through~~Amount PCoupon &Remit I04/16/2004 P0 &$0.00 I2 ~~Mortgage~~$20,039,121.93 ~~Cross-Reference~~7.996312% ~~Delinq~~7.912159% ~~Date~~63 ~~Advances~~03/17/2004 Advances**0 ~~Loan(1)~~$0.00 ~~510000102~~0 16$0.00 48.006123% 087.916497% 64 02/0118/~~2003~~2004 ~~146,958.43~~0 ~~410,952~~$0.9300 30 ~~510000106~~$0.00 218.006213% 17.916579% ~~11/~~65 01/~~2003~~16/2004 ~~90,410.45~~0 ~~180,820~~$0.4800 10 ~~510000105~~$0.00 268.006256% 07.931396% 66 12/0117/2003 ~~79,164.59~~0 ~~79,164~~$0.5900 B0 ~~365000028~~$0.00 288.006298% 277.933417% 0967 11/0118/~~2001~~2003 ~~38,029.81~~0 ~~1,430,761~~$0.5400 90 ~~265330544~~$0.00 388.005836% 37.932873% 0968 10/0120/2003 ~~58,116.87~~0 ~~232,465~~$0.7200 30 ~~465000046~~$0.00 468.005878% 07.932920% 1269 09/0117/2003 ~~50,158.36~~0 ~~50,158~~$0.3600 B0 ~~265330685~~$0.00 588.005945% 07.932989% 1270 08/0115/2003 ~~37,809.42~~0 ~~37,809~~$0.4200 B0 ~~510000099~~$0.00 838.005986% 07.933034% 1271 07/0117/2003 ~~23,209.78~~0 ~~23,209~~$0.7800 B0 ~~265330606~~$0.00 978.006027% 07.932427% 1272 06/0117/2003 ~~18,359.60~~0 ~~18,359~~$0.6000 B0 ~~265330686~~$0.00 ~~121~~8.006092% 07.932495% 1273 05/0116/2003 ~~13,247.54~~0 ~~13,247~~$0.5400 B0 ~~265330695~~$0.00 ~~126~~ 8 ~~04/01/2003 12,034~~.95005789% ~~108,311~~7.93931404% 374 Note: Foreclosure and REO Totals 11are ~~567,499.81~~excluded ~~2,585,261~~from the delinquencies aging categories.89

~~Resolution~~Delinquency ~~Actual~~Loan ~~Outstanding~~Detail ~~Loan~~Offering ~~Number~~# ~~Strategy~~of ~~Servicing~~Paid ~~Foreclosure~~Through ~~Principal~~Current ~~Servicing~~Outstanding ~~Bankruptcy~~Status ~~REO~~of ~~Code(2)~~Loan ~~Transfer~~Number ~~Date~~Document Months Date ~~Balance~~P ~~Advances~~& ~~Date~~I ~~Date~~P ~~510000102~~& 13I ~~12/06/2002~~Mortgage ~~12,099,310.78~~Cross- ~~209,482~~Delinq.89 ~~02/10/2003~~Advances ~~510000106~~Advances 13** ~~12/02/2002~~Loan ~~11,180,298.20~~(1) ~~13,418.83~~Reference ~~510000105~~510000102 1316 3 12/01/~~09/~~2003 1079,~~216,694~~606.2552 18315,~~650~~659.9399 3 365000028 728 1130 09/2601/2001 ~~05/03/2002 10~~37,~~500,000~~212.0052 ~~366~~1,~~872~~543,486.8542 ~~10/29/2002~~9 265330544 1338 075 10/1701/2003 758,~~870,508~~117.8377 7348,~~784~~702.7000 ~~465000046~~3 13265330685 1258 0 03/1901/~~2003~~2004 637,~~744,794~~809.2494 037,809.0094 ~~265330685~~B ~~4,954,427.02~~510000108 62 0~~.00~~ ~~510000099~~03/01/2004 235,~~896,086~~971.2757 035,971.0057 ~~265330606~~B 13265330555 95 0 03/1301/~~2003~~2004 218,~~376,271~~571.1649 018,571.0049 ~~265330686~~B 13265330695 126 11 04/2401/2003 112,~~680,889~~035.1119 34144,~~820~~417.0924 ~~02/10/2003~~3 ~~265330695~~Totals ~~1,443,323.56~~7 27279,~~701~~325.9500 ~~Totals 71~~2,~~962~~444,~~603~~618.~~42 678,732.24~~65

~~Specially~~Resolution ~~Serviced Loan Detail - Part 1 Offering~~ Servicing ~~Resolution~~Actual Outstanding Loan ~~Number~~Strategy ~~Document~~ Transfer ~~Strategy~~Foreclosure ~~Scheduled~~Principal ~~Property~~Servicing ~~State~~Bankruptcy ~~Interest~~REO ~~Actual~~Number ~~Cross-Reference Date~~ Code (12) ~~Balance~~Date ~~Type~~Date ~~(2)~~Balance ~~Rate~~Advances ~~Balance~~Date Date 510000102 162 12/06/2002 13 12,~~048~~078,~~930~~818.5664 ~~RT WA 8.390% 12~~197,~~099,310~~123.7859 ~~510000106 21 12/~~02/~~2002 13 11,161,863.76 RT NE 8.625% 11,180,298.20 510000105 26 01~~10/~~09/~~2003 ~~13 10,208,585.35 RT NE 8.125% 10,216,694.25~~ 365000028 287 11/26/2001 705/03/2002 10,~~329~~500,~~014~~000.1700 ~~HC CO 8~~396,239.~~150%~~80 10~~,500,000.00~~/29/2002 265330544 3811 07/17/2003 13 7,~~843~~862,~~431~~960.7086 ~~OF CA~~ 7~~.760% 7~~,~~870,508~~784.8370 ~~465000046~~265330685 ~~46 12/19/2003 13 6~~4,~~739~~942,~~715~~066.4594 ~~RT TX 7~~0.~~810%~~00 6510000108 4,~~744~~574,~~794~~357.2466 ~~265330686~~0.00 ~~121~~265330555 ~~03/13/2003 13 1~~2,~~679~~410,~~874~~576.70 ~~MF CA 8~~0.~~500%~~00 ~~1,680,889.11~~ 265330695 ~~126~~10 04/24/2003 13 1,~~427~~443,~~738~~323.5956 OF27,701.95 ORTotals 843,812,104.~~500%~~36 1628,~~443,323~~850.5604

~~Specially~~Current ~~Serviced~~Outstanding ~~Loan~~Actual ~~Detail~~Outstanding -P ~~Part~~& 1I ~~(continued)~~P ~~Net~~& ~~Remaining~~I ~~Loan~~Principal ~~Number~~Servicing ~~Operating~~Advances ~~DSCR~~Advances** ~~DSCR~~Balance ~~Note~~Advances ~~Date~~Totals ~~Maturity~~By ~~Amortization~~Delinquency ~~Income~~Code: ~~Date~~Total ~~Date~~for ~~Term~~Status ~~510000102~~Code ~~640~~= 3 (3 loans) 149,~~964~~759.7047 808,779.23 21,385,103.06~~/30/2002~~ 1232,610.1124 ~~12/01/1999~~Total ~~11/01/2009~~for ~~309~~Status ~~510000106~~Code ~~863,268.01~~= ~~09/30/2003~~9 (1~~.06~~ ~~01/01/2000~~loan) ~~12/01/2009~~37,212.52 ~~310~~1,543,486.42 ~~510000105~~10,500,000.00 ~~791~~396,~~308~~239.0280 ~~09/30/2003~~Total ~~1.10~~for ~~01/01/2000~~Status ~~12/01/2009~~Code ~~310~~= ~~365000028~~B 1(3 loans) 92,~~022,595~~353.00 92,353.00 ~~12/31/2000~~11,927,001.30 10.1600 ~~11/01/1999~~(1) ~~10/01/2009~~Status ~~308~~of ~~265330544~~Mortgage ~~407,544.19~~Loan ~~06/30/2003~~A ~~1.16~~- ~~10/01/1999~~Payment ~~09/01/2009~~Not ~~307~~Received ~~465000046~~But ~~604,310.02~~Still ~~09/30/2003~~In ~~1.33~~Grace ~~10/01/1999~~Period ~~09/01/2009~~B ~~307~~- ~~265330686~~Late ~~246,396.17~~Payment ~~12/31/2002~~But Less Than 1~~.54~~ ~~12/01/1999~~Month ~~11/01/2009~~Delinquent ~~309~~0 ~~265330695~~- ~~40,968.82~~Current ~~09/30/2002~~1 ~~0.38~~- ~~02/01/2000~~One ~~01/01/2010~~Month ~~250~~Delinquent 2 - Two Months Delinquent 3 - Three or More Months Delinquent 4 - Assumed Scheduled Payment (1Performing 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 ofOf Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD ~~(2)~~** ~~Property~~Outstanding ~~Type~~P ~~Code~~& ~~MF-~~I ~~Multi-Family~~Advances ~~RT-~~include ~~Retail~~the ~~HC-~~current ~~Health~~period ~~Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other~~advance.

Specially Serviced Loan Detail - Part 21 ~~Loan~~ Offering Servicing Resolution ~~Site~~Scheduled ~~Other~~Property ~~REO~~Interest ~~Number~~Actual Loan Document Transfer Strategy ~~Inspection~~Balance ~~Phase~~Type 1(2) ~~Appraisal~~State ~~Appraisal~~Rate ~~Property~~Balance ~~Revenue~~Number Cross~~-Reference~~ Date Code (1) ~~Date~~Reference ~~Date Date Value~~ 510000102 16 ~~13 03/~~12/~~2003~~06/2002 112 12,~~800~~015,~~000~~570.0084 RT WA 8.390% 12,078,818.64 510000106 21 13 12/02/~~26/2003~~2002 ~~10,400,000~~6 0.00 RT NE 8.625% 0.00 510000105 26 13 01/09/~~27/1999~~2003 ~~13,250,000~~6 0.00 RT NE 8.125% 0.00 365000028 28 ~~7 02~~11/1826/~~2003~~2001 7 10,~~850~~307,218.42 HC CO 8.150% 10,500,000.00 265330544 38 ~~13 06~~07/2217/~~1999~~2003 11 7,~~800~~821,~~000~~812.00 OF CA 7.760% 7,862,960.86 465000046 46 ~~13 06~~12/1419/~~1999~~2003 91 6,~~100~~721,~~000~~331.0051 RT TX 7.810% 6,721,331.51 265330686 121 03/13 05/~~21/~~2003 311 1,~~200~~675,~~000~~988.0012 MF CA 8.500% 1,675,988.12 265330695 126 ~~13 09~~04/1524/~~1999~~2003 210 1,~~750~~422,~~000~~091.0026 OF OR 8.500% 1,443,323.56

Net Remaining Loan Operating DSCR Note Maturity Amortization Number Income Date DSCR Date Date Term 510000102 640,964.70 06/30/2002 1.11 12/01/1999 11/01/2009 306 510000106 863,268.01 09/30/2003 1.06 01/01/2000 12/01/2009 307 510000105 791,308.02 09/30/2003 1.10 01/01/2000 12/01/2009 307 365000028 1,022,595.92 12/31/2000 1.16 11/01/1999 10/01/2009 305 265330544 407,544.19 06/30/2003 1.16 10/01/1999 09/01/2009 304 465000046 785,396.98 12/31/2003 1.30 10/01/1999 09/01/2009 304 265330686 246,396.17 12/31/2002 1.54 12/01/1999 11/01/2009 306 265330695 40,968.82 09/30/2002 0.38 02/01/2000 01/01/2010 247 (1) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD (2) Property Type Code MF - Multi-Family RT - Retail HC - Health Care IN - Industrial WH - Warehouse MH - Mobile Home Park OF - Office MU - Mixed Use LO - Lodging SS - Self Storage OT - Other IW - Industrial/Warehouse

Specially Serviced Loan Detail - Part 2 Offering Document Resolution Site Other REO Loan Cross Strategy Inspection Phase 1 Appraisal Appraisal Property Number Reference Code (1) Date Date Date Value Revenue 510000102 16 2 03/12/2003 11,800,000.00 510000106 21 6 02/26/2003 10,400,000.00 510000105 26 6 09/27/1999 13,250,000.00 365000028 28 7 02/18/2003 7,850,000.00 265330544 38 11 06/22/1999 11,800,000.00 465000046 46 1 06/14/1999 9,100,000.00 265330686 121 11 05/21/2003 3,200,000.00 265330695 126 10 09/15/1999 2,750,000.00

Loan Number Comments from Special Servicer 510000102 On 9/19/2003 the judge granted our motion for relief from stay. Receiver has been appointed. Non-judicial foreclosure proceeding. Expect to complete foreclosure by 5/31/2004. The property remains 94% occupied is well maintained and full adequate protectio n payments continue. The 2003 budget projected NOI at $1.3MM resulting in a DSCR of 1:1. Tenant grocer will move into REI space when REI vacates, moving property to stabilization. Negotiating with new theater tenant. 510000106 DSCR below 1.0 due to dispute with Sun Mart over lease terms. Borrower has agreed to DPO of approx. 96% of principal. Borrower has received firm commitment for the refinance from new lender. On 11/27/2002 the asset was transferred to SS. The transfer even t was the Borrower's request for loan modification. The modification request is based on the Borrower's plan to offer a reduced lease rate to K-Mart so it doesn't leave. K-Mart emerged from BK on 5/52003 and did not reject the lease at Imperial Mall. Impe rial Mall is cross-collateralized with Monument Mall a 200000 enclosed mall located in Scottsbluff Nebraska. (Loan No. 51-0000105). Anchor tenants at Imperial Mall include K-Mart Sears and Herberger's. SS has negotiated a DPO for both Imperial Mall and Mo 510000105 On 1/9/2003 asset transferred to SS. The transfer was due to the loan's cross-collateral and cross-default with RUB-Imperial Mall Loan Number 51-000106. Imperial Mall was transferred to SS on 11/27/2002 due to imminent default based on possible K-Mart sto re closing. Monument Mall is a 200000 sf enclosed mall located in Scottsbluff Nebraska. Anchor tenants include JCPenney Herberger's and Sears Brand Central. Wal-Mart vacated but it was not part of the collateral. SS has negotiatiated a DPO for both Imperi al Mall and Monument Mall (96% of principal balance). Appraisal and BOVs have been received and are under review. NOI for 12 months ending 12/31/2002 was $1120913 resulting in a DSCR of 1.17 at 91% occupancy. NOI for 3 months ending 3/31/2003 was $240939 365000028 265330544 Bwr advised the loss of a major tenant would increase vacancy to 57% and no debt service could be paid thereafter. Largest tenant (9200 sf) well over market ($5.20 psf/mo) and wants to reduce space and rent. Most financially secure tenant has 460 0sf at $ 4 psf/mo on month to month lease. Located on edge of suburban office development and local shoppng center serving an affluent area of No. California but affected by the same economic downturn felt throughout the Bay Area. Appraisal at $7.4MM; bwr has sign ed contract to sell at $9.35MM. Signed forbearance agreement which would cover period of pending sale and application of sales proceeds. Trust to get 100% of principal, interest and costs, plus approximately $800M. No medical use required for purchaser. 465000046 Transferred to special servicing on 12/19/03. Tenant bankruptcy has caused DSCR to fall below 1.0. Borrower to make request for relief, may be able to use funds from judgment against prior tenant to keep loan current. Shadow anchor Target may want to purc hase portion of the property. 265330686 Asset was transferred to SS on 3/14/03 because the borrower encumbered the property with a second trust deed and the guarantor filed a Ch 11 petition on 2/10/03. The case was subsequently converted to Chapter 7. The Borrower is due for the 1/04 debt servi ce installment. Trustee is marketing the property for sale and states that the property is generating interest around the $4MM level from prospective purchasers. Counsel for SS has requested a status update from the Trustee as to the current status of an y offers on the property. The loan appears to be fully secured by the value of the collateral as demonstrated by the 5/21/03 appraised value of $3.2 MM. Trustee sale delayed by sponsor claim that property is owned by a third party. 265330695 Asset transferred to SS on April 24 2003 as vacant office building. Borrower supported building for one year after Oregon Dept of Justice moved out; site now empty. Bwr reported property condemned; potential condemnation was not approved by the City. Cou nsel advises that a condemnation blight suit possible but outcome very uncertain. Site visit shows 3-story poured concrete building with 10-12 parking spaces in heart of Salem surrounded by vacancies. Oregon economy very weak. Current appraisal $475,000 a s is. Bwr keeping ground lease current. Deed-in-lieu likely by April 2004. One outstanding offer to purchase at $450M. (1) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed in Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD

Modified Loan Detail No Modified Loans

Liquidated Loan ~~Comments~~Detail ~~from~~Loan ~~Special~~Final ~~Servicer~~Offering ~~Number~~Appraisal ~~510000102~~Appraisal OnActual ~~9/19/2003~~Gross ~~the~~Gross ~~judge~~Proceeds ~~granted~~Number ~~our~~Recovery ~~motion~~Document ~~for~~Date ~~relief~~Value ~~from~~Balance ~~stay.~~Proceeds ~~Motions~~as ~~filed~~a to% ~~have~~of ~~receiver~~Determination ~~appointed.~~Cross ~~Non-judicial~~Actual ~~foreclosure~~Balance ~~proceeding.~~Date ~~Expect~~Reference to510000106 ~~complete by1~~03/3122/2004. On21 802/1326/2003 ~~the relief from stay hearing was continued until~~ 10~~/3/2003~~,400,000.00 ~~On 9/1 2/2003 the Disclosure Statement hearing will be held~~11,161,863.76 In the meantime the property remains 94% occupied is well maintained and full adequate protection payments continue. The 2003 budget projects NOI at $1.3MM resulting in a DSCR of 1:1 at 94% occupancy. 510000106 On 11~~/27/2002 the asset was transferred to SS~~,140,983.99 ~~The transfer event was the Borrower's request for loan modification~~99. The modification request is based on the Borrower's plan to offer a reduced lease rate to K-Mart so it doesn't leave. K-Mart emerged fromB K on 5/52003 and did not reject the lease at Imperial Mall. Imperial Mall is cross-collateralized with Monument Mall a 200000 enclosed mall located in Scottsbluff Nebraska. (Loan No. 51-0000105). Anchor tenants at Imperial Mall include K-Mart Sears and He rberger's. SS is presently negotiating a DPO for both Imperial Mall and Monument Mall. Draft appraisal and BOVs have been received and are under review. NOI for the 12 months ending 12/31/2002 was $1384124 resulting in a DSCR of 1.27 at 89813% ~~occupancy. NO~~ 510000105 ~~On 1~~03/922/~~2003~~2004 ~~asset~~26 ~~transferred to SS. The transfer was due to the loan's cross-collateral and cross-default with RUB-Imperial Mall Loan Number 51-000106. Imperial Mall was transferred to SS on 11~~09/27/~~2002~~1999 ~~due to imminent default based on possible K-Mart sto re closing~~13,250,000.00 ~~Monument Mall is a 200000 sf enclosed mall located in Scottsbluff Nebraska~~10,200,419.71 ~~Anchor tenants include JCPenney Herberger's and Sears Brand Central~~9,880,875.20 ~~Wal-Mart vacated but it was not part of the collateral~~96. SS is presently negotiating a DPO for both Imperial Mall and Monument Mall. Draft appraisal and BOVs have been received and are under review. NOI for the 12 months ending 12/31/2002 was $1120913 resulting in a DSCR of 1.17 at 91867% ~~occupancy.~~Current ~~NOI~~Total ~~for the 3 months ending 3/31/2003 was $240939 or $96 265330544 Bwr advised the loss of a major tenant would increase vacancy to 57% and no debt service could be paid thereafter~~23,650,000.00 ~~Largest tenant (9200 sf) well over market ($5~~21,362,283.2047 ~~psf/mo) and wants to reduce space and rent~~21,021,859.19 ~~Most~~Cumulative ~~financially~~Total ~~secure tenant has 4600sf at $4 psf/mo on month to month lease~~23,650,000.00 ~~Located on edge of suburban office development and local shoppng center serving an affluent area of No~~21,362,283.47 ~~California but affected by the same economic downturn felt throughout the Bay Area~~21,021,859. Appraisal at $7.4MM; bwr has offer at $8.2 subject to approval of medical use by county. NOD ready to file but holding pending assessment of success of property sale. 265330686 Asset was transferred to SS on 3/14/03 because the borrower encumbered the property with a second trust deed and the guarantor filed a Ch 11 petition on 2/10/03. The case was subsequently converted to Chapter 7. The Borrower is due for the 8/03 debt serv ice installment. Borrower's 8/03 debt service payment did not clear and a glitch in the automatic payment system has occurred. Borrower should be reinstating promptly. Trustee is marketing the property for sale and states that the property is generatingi nterest around the $4MM level from prospective purchasers. Counsel for SS has requested a status update from the Trustee as to the current status of any offers on the property. The loan appears to be fully secured by the value of the collateral as demons 265330695 Asset transferred to SS on April 24 2003 as vacant office building. Borrower supported building for one year after Oregon Dept of Justice moved out; site now empty. Bwr reported property condemned; potential condemnation was not approved by the City. Cou nsel advises that a condemnation blight suit possible but outcome very uncertain. Site visit shows obsolete 3-story poured concrete building with 10-12 parking spaces in heart of Salem surrounded by vacancies. Oregon economy very weak. Appraisal still pen ding. repeated attempts to open dialog with borrower unsuccessful. Ground lease was in default but bwr paid through October 1 possibly to avoid the ground lease indemnity by principal of bwr. NOD filed. (1) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu Of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD19

Filing Compare · FIRST UNION COMM MORT TRUST COMM MOR PAS THR CER SER 1999-C4