8-K 1 fun01c04.txt MAY 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: May 14, 2004 (Date of earliest event reported) Commission File No.: 333-68246-01 First Union Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2001-C4 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 22-6910887 22-3844545 22-3844543 22-3844544 (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 May 14, 2004, a distribution was made to holders of First Union Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2001-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 2001-C4, relating to the May 14, 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 Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2001-C4 By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: May 13, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C4, relating to the May 14, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2001-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: May 14, 2004 Record Date: April 30, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 15 Principal Prepayment Detail 16 Historical Detail 17 Delinquency Loan Detail 18 Specially Serviced Loan Detail 19 - 21 Modified Loan Detail 22 Liquidated Loan Detail 23 Depositor First Union Commercial Mortgage Securities, Inc. 201 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 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 Lennar Partners, Inc. 760 N.W. 107th Avenue Miami, FL 33172 Contact: Steve Bruha Phone Number: (305) 229-6614 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2004, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 33736XEA3 5.673000% 286,136,000.00 ~~254~~253,~~687~~941,~~267~~973.5843 ~~745~~3,~~294~~394,567.1513 1,~~204~~200,~~034~~510.0668 A-2 33736XEB1 6.223000% 469,800,000.00 469,800,000.00 0.00 2,436,304.50 B 33736XEC9 6.417000% 36,696,000.00 36,696,000.00 0.00 196,231.86 C 33736XED7 6.538000% 12,232,000.00 12,232,000.00 0.00 66,644.01 D 33736XEE5 6.617000% 12,232,000.00 12,232,000.00 0.00 67,449.29 E 33736XEF2 6.667000% 17,125,000.00 17,125,000.00 0.00 95,143.65 F 33736XEJ4 6.790000% 12,232,000.00 12,232,000.00 0.00 69,212.73 G 33736XEK1 6.937000% 12,232,000.00 12,232,000.00 0.00 70,711.15 H 33736XEL9 7.036000% 17,125,000.00 17,125,000.00 0.00 100,409.58 J 33736XEM7 7.~~449408~~224084% 14,678,000.00 14,678,000.00 0.00 9188,~~118~~362.6859 K 33736XEN5 6.000000% 14,679,000.00 14,679,000.00 0.00 73,395.00 L 33736XEP0 6.000000% 22,017,000.00 22,017,000.00 0.00 110,085.00 M 33736XEQ8 6.000000% 7,339,000.00 7,339,000.00 0.00 36,695.00 N 33736XER6 6.000000% 7,029,000.00 7,029,000.00 0.00 35,145.00 O 33736XES4 6.000000% 6,938,000.00 6,938,000.00 0.00 34,690.00 P 33736XET2 6.000000% 4,626,000.00 4,626,000.00 0.00 23,130.00 Q 33736XEU9 6.000000% 25,443,069.00 25,418,348.40 0.00 115,~~709~~562.5014 Z-I 33736XEX3 0.000000% 0.00 0.00 0.00 0.00 Z-II 33736XEY1 0.000000% 0.00 0.00 0.00 0.00 R 33736XEW5 0.000000% 0.00 0.00 0.00 0.00 Totals 978,559,069.00 ~~947~~946,~~085~~340,~~615~~321.9883 ~~745~~3,~~294~~394,567.1513 4,~~826~~819,~~109~~682.0118

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 33736XEA3 0.00 0.00 14,~~949~~595,~~328~~077.2181 ~~253~~250,~~941~~547,~~973~~406.4330 23.5261% A-2 33736XEB1 0.00 0.00 2,436,304.50 469,800,000.00 23.5261% B 33736XEC9 0.00 0.00 196,231.86 36,696,000.00 19.6472% C 33736XED7 0.00 0.00 66,644.01 12,232,000.00 18.3542% D 33736XEE5 0.00 0.00 67,449.29 12,232,000.00 17.0612% E 33736XEF2 0.00 0.00 95,143.65 17,125,000.00 15.2530% F 33736XEJ4 0.00 0.00 69,212.73 12,232,000.00 1314.9601% G 33736XEK1 0.00 0.00 70,711.15 12,232,000.00 12.6671% H 33736XEL9 0.00 0.00 100,409.58 17,125,000.00 10.8589% J 33736XEM7 0.00 0.00 9188,~~118~~362.6859 14,678,000.00 9.3034% K 33736XEN5 0.00 0.00 73,395.00 14,679,000.00 7.7578% L 33736XEP0 0.00 0.00 110,085.00 22,017,000.00 5.4345% M 33736XEQ8 0.00 0.00 36,695.00 7,339,000.00 4.6567% N 33736XER6 0.00 0.00 35,145.00 7,029,000.00 3.9192% O 33736XES4 0.00 0.00 34,690.00 6,938,000.00 3.1719% P 33736XET2 0.00 0.00 23,130.00 4,626,000.00 2.6970% Q 33736XEU9 0.00 0.00 115,~~709~~562.5014 25,418,348.40 0.00% Z-I 33736XEX3 0.00 0.00 0.00 0.00 0.00% Z-II 33736XEY1 0.00 0.00 0.00 0.00 0.00% R 33736XEW5 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 58,~~571~~214,~~403~~249.1631 ~~946~~942,~~340~~945,~~321~~754.8370

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 33736XEG0 0.~~750183~~602207% 978,559,069.00 ~~947~~946,~~085~~340,~~615~~321.9883 ~~592~~474,~~072~~910.9263 IO-II 33736XEH8 10.~~003488~~872128% 537,874,000.00 537,874,000.00 ~~449~~390,~~791~~912.9366

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 33736XEG0 0.00 ~~592~~474,~~072~~910.9263 ~~946~~942,~~340~~945,~~321~~754.8370 IO-II 33736XEH8 0.00 ~~449~~390,~~791~~912.9366 537,874,000.00 (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 Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending Balance Distribution Distribution Penalties Additional Balance Trust Fund Expenses A-1 33736XEA3 ~~890~~887.~~09166124~~48697623 211.~~60468501~~86347447 4.~~20790834~~19559468 0.00000000 0.00000000 ~~887~~875.~~48697623~~62350176 A-2 33736XEB1 1,000.00000000 0.00000000 5.18583333 0.00000000 0.00000000 1,000.00000000 B 33736XEC9 1,000.00000000 0.00000000 5.34750000 0.00000000 0.00000000 1,000.00000000 C 33736XED7 1,000.00000000 0.00000000 5.44833306 0.00000000 0.00000000 1,000.00000000 D 33736XEE5 1,000.00000000 0.00000000 5.51416694 0.00000000 0.00000000 1,000.00000000 E 33736XEF2 1,000.00000000 0.00000000 5.55583358 0.00000000 0.00000000 1,000.00000000 F 33736XEJ4 1,000.00000000 0.00000000 5.65833306 0.00000000 0.00000000 1,000.00000000 G 33736XEK1 1,000.00000000 0.00000000 5.78083306 0.00000000 0.00000000 1,000.00000000 H 33736XEL9 1,000.00000000 0.00000000 5.86333314 0.00000000 0.00000000 1,000.00000000 J 33736XEM7 1,000.00000000 0.00000000 6.~~20784031~~02007017 0.00000000 0.00000000 1,000.00000000 K 33736XEN5 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 L 33736XEP0 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 M 33736XEQ8 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 N 33736XER6 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 O 33736XES4 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 P 33736XET2 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 Q 33736XEU9 999.02839551 0.00000000 4.~~54778077~~54198902 0.00000000 0.00000000 999.02839551 Z-I 33736XEX3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-II 33736XEY1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 33736XEW5 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO-I 33736XEG0 967.~~83694105~~07531697 0.~~60504566~~48531626 0.00000000 ~~967~~963.~~07531697~~60637244 IO-II 33736XEH8 1,000.00000000 0.~~83624033~~72677367 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 1,~~019~~041,~~706~~485.3750 Servicing Advances Outstanding ~~147~~152,~~474~~226.9247 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00

Servicing Fee Summary Current Period Accrued Servicing Fees 46,~~300~~268.2806 Less Delinquent Servicing Fees 21,~~014~~393.3378 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received ~~606~~1,287.9281 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 4446,~~892~~162.8709

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 1,~~204~~200,~~034~~510.0668 0.00 0.00 1,~~204~~200,~~034~~510.0668 0.00 A-2 2,436,304.50 0.00 0.00 2,436,304.50 0.00 IO-I ~~592~~474,~~072~~910.9263 0.00 0.00 ~~592~~474,~~072~~910.9263 0.00 IO-II ~~449~~390,~~791~~912.9366 0.00 0.00 ~~449~~390,~~791~~912.9366 0.00 B 196,231.86 0.00 0.00 196,231.86 0.00 C 66,644.01 0.00 0.00 66,644.01 0.00 D 67,449.29 0.00 0.00 67,449.29 0.00 E 95,143.65 0.00 0.00 95,143.65 0.00 F 69,212.73 0.00 0.00 69,212.73 0.00 G 70,711.15 0.00 0.00 70,711.15 0.00 H 100,409.58 0.00 0.00 100,409.58 0.00 J 9188,~~118~~362.6859 0.00 0.00 9188,~~118~~362.6859 0.00 K 73,395.00 0.00 0.00 73,395.00 0.00 L 110,085.00 0.00 0.00 110,085.00 0.00 M 36,695.00 0.00 0.00 36,695.00 0.00 N 35,145.00 0.00 0.00 35,145.00 0.00 O 34,690.00 0.00 0.00 34,690.00 0.00 P 23,130.00 0.00 0.00 23,130.00 0.00 Q 127,091.74 0.00 0.00 127,091.74 0.00 Z-I 0.00 0.00 0.00 0.00 0.00 Z-II 0.00 0.00 0.00 0.00 0.00 Total 5,~~879~~697,~~356~~035.1007 0.00 0.00 5,~~879~~697,~~356~~035.1007 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 1,~~204~~200,~~034~~510.0668 0.00 A-2 0.00 2,436,304.50 0.00 IO-I 0.00 ~~592~~474,~~072~~910.9263 0.00 IO-II 0.00 ~~449~~390,~~791~~912.9366 0.00 B 0.00 196,231.86 0.00 C 0.00 66,644.01 0.00 D 0.00 67,449.29 0.00 E 0.00 95,143.65 0.00 F 0.00 69,212.73 0.00 G 0.00 70,711.15 0.00 H 0.00 100,409.58 0.00 J 0.00 9188,~~118~~362.6859 0.00 K 0.00 73,395.00 0.00 L 0.00 110,085.00 0.00 M 0.00 36,695.00 0.00 N 0.00 35,145.00 0.00 O 0.00 34,690.00 0.00 P 0.00 23,130.00 0.00 Q 11,~~382~~529.2460 115,~~709~~562.5014 ~~127~~138,~~051~~580.0464 Z-I 0.00 0.00 0.00 Z-II 0.00 0.00 0.00 Total 11,~~382~~529.2460 5,~~867~~685,~~973~~505.8647 ~~127~~138,~~051~~580.0464

Other Required Information Available Distribution Amount (1) 69,~~613~~080,~~268~~072.0160 Aggregate Number of Outstanding Loans 136 Aggregate Stated Principal Balance of Loans Before Distribution ~~947~~946,~~085~~340,~~616~~321.1297 Aggregate Stated Principal Balance of Loans After Distribution ~~946~~942,~~340~~945,~~321~~754.9784 Aggregate Unpaid Principal Balance of Loans ~~946~~943,~~490~~112,~~422~~856.3054 Aggregate Amount of Servicing Fee 4446,~~892~~162.8709 Aggregate Amount of Special Servicing Fee 3,~~933~~802.2744 Aggregate Amount of Trustee Fee 1,~~815~~813.2582 Aggregate Trust Fund Expenses ~~205~~889.7135 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount Loan Appraisal Cumulative Date Appraisal Number Reduction ASER Reduction Amount Amount Effected 502694601 730,776.46 50,194.06 05/11/2004 502701003 200,862.36 1,~~018~~004.31 05/11/2004 510000185 435,~~002~~923.2693 462,~~540~~179.1862 05/1211/~~2003~~2004 Total 1,~~018~~367,~~002~~562.2675 4653,~~540~~377.1899

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,745,116.96 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 5,745,116.96 Principal: Scheduled Principal 3,394,567.13 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 3,394,567.13 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 9,139,684.09 Total Funds Distributed Fees: Master Servicing Fee 46,268.06 Trustee Fee 1,813.82 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 48,081.88 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 6,837.81 Special Servicing Fee 3,802.44 Rating Agency Expenses 0.00 Attorney Fees & Expenses 889.35 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 11,529.60 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,685,505.47 Principal Distribution 3,394,567.13 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 9,080,072.60 Total Funds Distributed 9,139,684.08

Current Mortgage Loan and Property Stratification Tables Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. Below 1,000,000 89 67,~~645~~628,~~995~~820.6417 0.7081 9084 7.~~7587~~7117 1.~~920864~~653686 1,000,001 to 2,000,000 1514 2221,~~376~~348,~~162~~739.1283 2.3626 9293 7.~~6258~~6364 1.~~290216~~340524 2,000,001 to 3,000,000 16 40,~~821~~782,~~347~~818.4235 4.3133 8483 7.4303 1.~~319804~~322303 3,000,001 to 4,000,000 15 52,~~150~~095,~~931~~661.3148 5.5152 9695 7.~~4020~~4019 1.~~418368~~440983 4,000,001 to 5,000,000 19 85,~~888~~795,~~570~~361.5451 9.0810 8180 7.4344 1.~~296878~~296383 5,000,001 to 6,000,000 78 3945,~~254~~208,~~414~~273.5392 4.1579 77 7.~~4360~~4444 1.~~346684~~401937 6,000,001 to 7,000,000 1211 7670,~~264~~176,~~221~~080.8547 87.0644 8988 7.~~3741~~3633 1.~~422435~~413830 7,000,001 to 8,000,000 6 44,~~624~~582,~~713~~945.7073 4.7273 8988 7.3081 1.~~327406~~324169 8,000,001 to 9,000,000 4 32,~~905~~873,~~214~~691.0535 3.4849 7776 7.2802 1.~~376489~~358756 9,000,001 to 10,000,000 7 65,~~808~~743,~~385~~058.2077 6.9597 6766 7.1652 1.~~284674~~270751 10,000,001 to 15,000,000 13 160,~~692~~530,~~979~~162.6317 1617.9802 7978 7.2959 1.~~318955~~334804 15,000,001 to 20,000,000 8 134,~~823~~698,~~673~~100.5636 14.2528 8988 7.2481 1.~~485240~~488717 20,000,001 to 25,000,000 2 43,~~798~~755,~~083~~516.0939 4.6364 9291 7.0000 1.472411 25,000,001 or greater 4 ~~140~~137,~~285~~726,~~629~~524.3334 14.8261 8281 7.~~1025~~1096 1.~~439360~~489108 Totals 136 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alaska 1 1,~~831~~830,~~664~~088.2536 0.19 8584 7.8700 1.580000 Arizona 3 7,~~925~~917,~~227~~166.3649 0.84 8685 7.~~4218~~4217 1.~~165992~~163218 Arkansas 2 6,~~099~~093,~~566~~521.8603 0.6465 9089 6.9496 1.~~600000~~603600 California 34 175,~~606~~434,~~653~~788.4441 18.5660 8180 7.~~3350~~3349 1.~~364101~~378343 Colorado 2 10,~~617~~607,~~732~~920.2093 1.12 8988 7.3821 1.~~295652~~295654 Connecticut 3 30,~~990~~961,~~332~~239.7906 3.2728 9089 7.2557 1.~~368990~~373798 Florida 13 54,~~973~~918,~~360~~593.9066 5.81 82 81 7.4669 1.~~323287~~351003 Georgia 3 16,~~060~~044,~~432~~454.5871 1.70 8988 7.2778 1.~~366624~~357638 Illinois 5 55,~~598~~540,~~468~~228.9092 5.8889 8887 7.3888 1.~~047186~~172296 Indiana 1 2,~~899~~896,~~207~~579.3013 0.31 8786 7.5300 1.280000 Maine 1 19,~~083~~064,~~450~~903.4048 2.02 9291 7.0000 1.310000 Maryland 6 14,~~765~~748,~~979~~773.3842 1.56 9089 7.~~2124~~2125 1.~~448538~~436490 Massachusetts 1 22,~~290~~268,~~095~~432.8645 2.36 9291 7.0000 1.330000 Michigan 7 8078,~~754~~249,~~763~~545.8354 8.5330 7372 7.~~3092~~3281 1.~~556841~~548614 Minnesota 1 1,~~202~~200,~~309~~471.0633 0.13 9089 6.9200 12.~~780000~~000000 Missouri 1 ~~967~~966,~~540~~241.4265 0.10 8685 8.0000 1.~~420000~~270000 Nevada 7 60,~~088~~028,~~147~~690.4751 6.3537 7978 7.1918 1.~~324729~~333644 New Jersey 9 71,~~127~~060,~~490~~055.0132 7.5254 8988 7.2347 1.~~474157~~474155 New Mexico 1 6,~~752~~746,~~755~~994.2811 0.7172 8887 7.8200 1.~~500000~~260000 New York 6 35,~~907~~862,~~074~~589.7655 3.7980 8281 7.~~1513~~1512 1.~~263152~~243385 North Carolina 4 37,~~241~~207,~~917~~934.9630 3.9495 8685 7.3466 1.~~465309~~475488 North Dakota 1 4,~~876~~872,~~679~~068.6319 0.52 8988 7.2500 1.~~200000~~220000 Oklahoma 1 1998,~~000,852~~966.3982 0.11 5251 7.4000 0.330000 Pennsylvania 4 47,~~751~~704,~~907~~363.0944 5.0506 7675 6.9896 1.~~505610~~505607 Texas 9 3837,~~050~~999,~~490~~604.5045 4.0203 7170 7.~~4474~~4473 1.~~547841~~550022 Utah 3 17,~~834~~815,~~427~~003.7886 1.8889 ~~100~~99 8.1624 1.~~311768~~364539 Virginia 10 80,~~514~~421,~~722~~008.8317 8.5153 8786 7.1658 1.~~500258~~511067 Washington 2 20,~~372~~352,~~476~~434.8642 2.1516 9089 7.0000 1.240395 Washington,DC 1 9,~~379~~371,~~356~~005.0483 0.99 8786 7.6250 1.270000 West Virginia 3 13,~~775~~762,~~237~~087.8430 1.46 9190 7.1362 1.271433 Totals 145 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.19 or less 2726 ~~172~~171,~~012~~557,~~164~~357.1076 18.1819 8079 7.~~2818~~2719 1.~~016315~~070630 1.20 to 1.24 1112 5861,~~278~~984,~~174~~350.4629 6.1657 7675 7.~~5502~~5702 1.~~222291~~223721 1.25 to 1.29 1817 ~~110~~94,~~564~~790,~~887~~615.5673 1110.6805 8184 7.~~4159~~3388 1.~~274316~~276292 1.30 to 1.34 1415 ~~119,~~126,~~346~~766,025.2767 1213.5944 9086 7.~~2200~~2122 1.~~323352~~320950 1.35 to 1.39 78 8377,~~480~~847,~~629~~393.5305 8.8226 8885 7.~~3143~~5165 1.~~375195~~372786 1.40 to 1.44 119 7567,~~832~~342,~~208~~681.8860 87.0114 8281 7.~~1065~~0832 1.~~412653~~412134 1.45 to 1.49 67 3657,~~466~~650,~~637~~147.8210 36.8511 8988 7.~~2782~~2721 1.~~476070~~463562 1.50 to 1.54 8 4945,~~573~~463,~~789~~984.2479 54.2482 8483 7.~~8528~~7752 1.~~524609~~525395 1.55 to 1.59 68 3033,~~157~~214,~~789~~766.3508 3.1952 7169 7.~~4583~~6437 1.~~555907~~558374 1.60 to 1.64 87 7872,~~294~~732,~~333~~813.6408 87.2771 89 76.~~0616~~9720 1.~~608074~~611939 1.65 to 1.69 32 1513,~~356~~740,~~896~~703.4085 1.6246 9089 7.~~4657~~4909 1.~~673053~~673409 1.70 or greater 17 ~~117~~119,~~196~~854,~~464~~915.7284 12.3871 8281 7.~~0384~~0530 1.~~838290~~835318 Totals 136 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 12 53,~~968~~902,~~429~~331.8983 5.7072 7978 7.~~4878~~4877 1.~~432397~~437294 Mixed Use 5 17,~~193~~177,~~525~~578.0721 1.82 8988 7.3484 1.~~485767~~574343 Multi-Family 56 322,~~452~~114,~~010~~348.5595 34.0716 8180 7.1333 1.~~326161~~335618 Office 27 ~~252~~249,~~359~~684,~~514~~984.8971 26.6748 7978 7.~~3425~~3487 1.~~518564~~517822 Retail 42 ~~288~~287,~~231~~948,~~955~~347.4431 30.4654 9190 7.3641 1.~~320978~~342183 Self Storage 3 12,~~134~~118,~~886~~163.1484 1.2829 9190 7.2538 1.~~272481~~272478 Totals 145 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 6.749% or less 3 5856,~~691~~208,~~757~~271.2071 65.2096 7372 6.~~6720~~6708 1.~~600300~~593420 6.750% to 6.999% 11 109,~~974~~873,~~112~~798.6075 11.6265 8382 6.9104 1.~~440129~~442256 7.000% to 7.249% 32 ~~286~~285,~~143~~857,~~065~~243.2330 30.2432 8685 7.0533 1.~~390346~~400327 7.250% to 7.499% 38 212,~~902~~676,~~855~~023.3756 22.5055 8584 7.~~3476~~3477 1.~~384707~~390684 7.500% to 7.749% 29 189,~~225~~026,~~332~~430.9210 20.0005 8281 7.5663 1.~~270531~~311643 7.500% to 7.999% 9 33,~~904~~866,~~107~~289.8968 3.5859 7877 7.8190 1.~~383286~~346403 8.000% to 8.249% 4 6,~~183~~173,~~667~~173.9896 0.65 ~~141~~140 8.1342 1.~~484419~~460966 8.250% or greater 10 49,~~315~~264,~~422~~523.78 5.2122 7574 8.3718 1.~~387890~~400103 Totals 136 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 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 ~~118~~114 ~~866~~826,~~776~~629,~~431~~528.9052 9187.5966 8483 7.~~2092~~2194 1.~~389924~~394925 37 to 48 months 1115 68105,~~608~~378,~~519~~472.2971 711.2518 7981 87.~~1144~~7296 1.~~273672~~378325 49 months and greater 7 10,~~955~~937,~~370~~753.7861 1.16 6867 8.~~0898~~0899 1.~~620054~~580126 Totals 136 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of WAM WAC Weighted Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 months or less 13 81,~~474~~387,~~090~~668.2152 8.6163 3837 7.3270 1.~~244553~~256907 61 to 84 months 1820 ~~112~~119,~~508~~082,~~204~~115.0867 1112.8963 7978 7.~~7729~~7592 1.~~389659~~391876 85 to 108 months ~~101~~99 ~~701~~694,~~786~~386,~~548~~512.5277 7473.1664 8988 7.~~2349~~2320 1.~~374538~~389254 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 months or greater 1 3,~~145~~138,~~495~~746.3952 0.33 ~~209~~208 8.1700 1.245876 Totals 133 ~~898~~897,~~914~~995,~~338~~043.2048 9495.9923 8483 7.3138 1.~~364199~~377105

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 120 months or less 1 4542,~~157~~688,~~334~~132.3170 4.7753 6766 6.7000 1.760000 120 to 192 months 1 ~~643~~641,~~817~~799.9485 0.07 ~~176~~175 7.5000 1.~~970000~~580000 193 to 264 months 1 1,~~624~~620,~~831~~778.5281 0.17 ~~204~~203 7.5300 1.750000 265 to 336 months 0 0.00 0.00 0 0.0000 0.000000 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 3 4744,~~425~~950,~~983~~711.7736 54.0177 7372 6.~~7393~~7413 1.~~762508~~757069

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Interest Only 6 67,~~950~~898,~~757~~317.7541 7.1820 8685 7.1223 1.~~557289~~556516 120 months or less 1 ~~985~~977,~~217~~202.0335 0.10 9089 7.8750 2.410000 120 to 192 months 0 0.00 0.00 0 0.0000 0.000000 193 to 264 months 1213 4445,~~966~~845,~~361~~665.5735 4.7586 8887 7.~~8350~~8386 1.~~240085~~248368 265 to 336 months ~~114~~113 ~~785~~783,~~012~~273,~~001~~858.8537 8283.9507 8382 7.~~2999~~2990 1.~~353282~~367800 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 133 ~~898~~897,~~914~~995,~~338~~043.2048 9495.9923 8483 7.3138 1.~~364199~~377105

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 4 12,~~203~~190,~~781~~704.2081 1.29 6665 7.~~5339~~5340 1.~~306876~~306878 1 year or less ~~109~~114 ~~779~~798,~~731~~488,~~350~~900.2842 8284.3968 8483 7.~~3047~~3112 1.~~379156~~393596 1 to 2 years 2217 ~~144~~122,~~630~~502,~~045~~584.2854 1512.2899 8483 7.~~1689~~1144 1.~~444592~~447229 2 years or greater 1 9,~~775~~763,~~145~~565.2107 1.0304 2827 7.1250 0.985663 Totals 136 ~~946~~942,~~340~~945,~~321~~754.9784 100.00 8382 7.~~2851~~2865 1.~~384160~~395219 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 502717405 1 OF Detroit MI 252,128.45 02,469,201.0061 6.700% 510000176 2 OF Little Falls NJ ~~217~~209,~~013~~860.1174 2431,~~723~~875.1956 7.375% 265950581 3 RT Orland Park IL ~~216~~209,~~322~~200.1633 2229,~~809~~931.2306 7.560% 502708001 4 OF Berwyn PA 159,~~288~~127.0195 2728,~~936~~096.7076 6.875% 502709418 5 RT Sturbridge MA ~~134~~130,~~463~~025.5856 1721,~~225~~663.3941 7.000% 510000202 6 Various Various NJ ~~129~~125,~~745~~463.5626 1620,~~620~~903.9929 7.000% 502709417 7 RT Augusta ME ~~115~~111,~~119~~320.6913 1418,~~747~~546.3692 7.000% 502694905 8 MF Yorktown VA ~~105~~102,~~865~~369.6460 1317,~~888~~384.8185 7.000% 502700407 9 MF Summerlin NV ~~105~~101,~~242~~769.6833 1316,~~315~~789.7712 7.067% 502705804 10 OF Durham NC ~~113~~109,~~271~~556.6017 913,~~801~~516.2770 7.530% 502713101 11 MF Pasedena CA 9895,~~783~~523.5516 1215,~~654~~915.6201 7.000% 502709419 12 RT Lisbon CT 9895,~~606~~352.6208 1215,~~631~~886.9650 7.000% 502707905 13 MF Richmond VA 9592,~~665~~508.1861 1114,~~831~~988.9451 7.160% 528000014 14 OF Troy MI ~~109~~105,~~543~~947.6066 812,~~949~~545.6559 8.350% 502682901 15 RT Marlton NJ 9087,~~578~~590.1019 1114,~~037~~025.1203 7.180% 265950628 16 MF Carrboro NC 8784,~~175~~293.32 12 14,~~033~~915.6383 6.990% 502700406 17 MF Henderson NV 8582,~~632~~806.4734 1013,~~830~~656.5972 7.068% 510000190 18 RT Redmond WA 7774,~~417~~861.8274 1012,~~069~~625.4654 7.000% 265950625 19 MF Fredericksburg VA 7572,~~227~~740.4325 1012,~~384~~871.3654 6.990% 502715603 20 OF Dallas TX 8077,~~025~~354.1400 1416,~~114~~785.6377 7.625% 510000177 21 RT Wethersfield CT 7976,~~321~~709.1990 810,~~328~~939.5584 7.570% 502710308 22 RT Santa Ana CA 7068,~~783~~500.3300 0.00 6.850% 528000023 23 OF Clearfield UT 8582,~~613~~802.4344 69,~~996~~807.6867 8.450% 510000173 24 IN Antioch CA 7674,~~952~~419.0607 710,~~974~~507.9392 7.624% 628000025 25 MF Oviedo FL 7673,~~151~~642.8217 810,~~412~~921.2691 7.580% 502701001 26 MF Midlothian VA 6764,~~008~~707.8069 2325,~~094~~395.0617 7.250% 502696703 27 MF Chicago IL 5856,~~513~~578.1507 810,~~429~~364.4452 6.770% 502694601 28 MF Las Vegas NV 6058,~~033~~039.4192 911,~~586~~580.6514 7.125% 510000199 29 RT Modesto CA 6159,~~097~~083.8088 79,~~119~~133.8375 7.250% 502700901 30 OF Washington DC 6159,~~626~~597.1099 68,~~322~~350.1021 7.625% 528000031 31 MF Cecil Township PA 5553,~~117~~295.5511 79,~~787~~609.3478 6.850% 510000198 32 MF New York NY 5251,~~995~~241.0330 89,~~028~~781.0174 6.610% 510000178 33 MF Hollis NY 5755,~~296~~406.2069 68,~~828~~717.3788 7.250% 510000201 34 IN San Diego CA 5856,~~193~~277.5259 68,~~237~~152.0093 7.450% 502704402 35 MF Reno NV 5250,~~507~~776.2425 67,~~159~~890.9291 7.250% 265950627 36 MF Virginia Beach VA 5048,~~004~~350.1287 68,~~902~~555.5479 6.990% 510000170 37 OF Placentia CA 5150,~~983~~269.5785 57,~~980~~694.7042 7.390% 265950659 38 MF Azusa CA 5150,~~944~~233.7870 57,~~670~~381.5058 7.500% 528000039 39 MF Mount Lebanon PA 4948,~~988~~341.2728 57,~~565~~212.9392 7.430% 510000180 40 MF Colorado Springs CO 4846,~~210~~621.1848 57,~~455~~043.2898 7.375% 510000192 41 OF Federal Way WA 4543,~~479~~977.2971 57,~~915~~416.3290 7.000% 502693202 42 OF Henderson NV 4745,~~364~~804.1490 56,~~025~~584.6084 7.490% 502676401 43 RT Dalton GA 4543,~~460~~962.8935 56,~~271~~769.3690 7.300% 510000183 44 MF Athens GA 4443,~~527~~059.6644 56,~~271~~739.2143 7.250% 528000045 45 IN Los Angeles CA 4442,~~303~~788.6907 1315,~~563~~079.5012 7.650% 502683801 46 RT Loxahatchee FL 4543,~~347~~856.6500 45,~~499~~990.2287 7.688% 510000181 47 RT Santa Fe NM 4544,~~501~~005.0346 45,~~265~~761.6017 7.820% 510000197 48 RT Hyde Park NY 4241,~~448~~030.7567 79,~~802~~220.6573 7.500% 510000175 49 RT Davison MI 4241,~~591~~188.4676 46,~~605~~008.5222 7.500% 502700408 50 OF Rancho Cucamonga CA 3736,~~641~~398.1208 46,~~938~~181.2428 7.000% 502708301 51 OF Kensington MD 3735,~~028~~787.8756 89,~~028~~269.3061 7.000% 510000206 52 RT Houston TX 3837,~~582~~292.6258 78,~~479~~769.3943 7.290% 510000210 53 MF Parkersburg WV 3635,~~746~~533.1828 45,~~726~~939.8070 6.990% 628000054 54 RT Manteca CA 3937,~~134~~845.5442 45,~~309~~598.8799 7.440% 510000209 55 MF South Charleston WV 3635,~~604~~396.8562 45,~~708~~916.6184 6.990% 628000056 56 RT San Diego CA 3837,~~805~~527.5553 45,~~196~~474.1416 7.500% 502704503 57 MU Palm Beach FL 3635,~~598~~391.0832 45,~~332~~539.5026 7.250% 510000184 58 RT Beekman NY 3736,~~245~~000.2334 68,~~977~~222.2211 7.470% 510000200 59 SS Los Angeles CA 3635,~~228~~021.4171 67,~~261~~468.7444 7.290% 628000060 60 MF Glendale CA 3433,~~744~~598.7005 45,~~350~~497.5520 7.130% 528000061 61 RT Pleasant Hill CA 3937,~~038~~730.6562 78,~~085~~393.6972 8.250% 502681201 62 RT South Gate CA 3533,~~088~~932.1245 34,~~838~~993.0774 7.440% 502693511 63 RT Buffalo Grove IL 3231,~~647~~570.4690 34,~~880~~957.8440 7.240% 528000064 64 MF Fargo ND 3029,~~467~~463.9027 34,~~606~~611.8144 7.250% 510000171 65 RT Plantation FL 3130,~~060~~036.2839 34,~~558~~582.7160 7.400% 502695901 66 IN Bedford Park IL 3029,~~459~~416.9803 910,~~819~~863.6863 7.500% 528000067 67 OF Troy MI 3433,~~608~~455.8311 56,~~361~~514.1082 8.350% 502664903 68 MF Blacksburg VA 2827,~~831~~880.1630 34,~~507~~458.3319 7.125% 502684301 69 RT North Lauderdale FL 2827,~~901~~947.1668 34,~~550~~504.8028 7.160% 502699109 70 OF San Diego CA 3029,~~581~~574.6690 34,~~211~~217.0177 7.570% 628000071 71 OF San Diego CA 2827,~~013~~088.2466 34,~~588~~513.6321 7.000% 528000072 72 OF Troy MI 3231,~~737~~646.8247 56,~~071~~162.2863 8.350% 528000073 73 MF Cottonwood AZ 2726,~~822~~904.1820 34,~~458~~376.6765 7.110% 528000074 74 RT Van Nuys CA 3029,~~982~~963.6145 24,~~995~~014.5571 7.900% 510000203 75 SS Farmingdale NY 2726,~~191~~281.5922 56,~~614~~524.2966 7.100% 502707510 76 MF Roanoke VA 2726,~~777~~860.2999 34,~~384~~301.7101 7.180% 502701003 77 MF Tampa FL 3029,~~033~~045.3667 23,~~921~~909.6029 7.750% 502697001 78 IN Houston TX 2726,~~448~~543.5649 34,~~249~~154.3744 7.250% 510000205 79 MF Various CA 2322,~~744~~958.2616 34,~~716~~502.0414 6.510% 628000080 80 MF Glendale CA 2524,~~159~~329.9562 3,~~150~~980.4073 7.130% 502675902 81 MF Harrisonburg VA 2726,~~421~~519.7796 23,~~667~~569.5435 7.750% 502700409 82 MU Los Angeles CA 2726,~~086~~196.5412 23,~~557~~447.0648 7.820% 502705801 83 MF Tallahassee FL 2524,~~426~~576.6641 45,~~818~~668.6691 7.480% 510000194 84 OF Gaithersburg MD 2524,~~295~~463.8515 23,~~672~~505.7343 7.500% 628000085 85 MF Fayetteville AR 2322,~~549~~771.1563 3,~~062~~840.9547 7.000% 502702614 86 MF El Cajon CA 2322,~~525~~748.7080 3,~~086~~863.4030 7.000% 502709701 87 MF Panama City FL 2322,~~249~~481.1578 23,~~962~~729.4784 7.050% 502706203 88 RT Greenville NC 2524,~~632~~789.3041 23,~~443~~286.1201 7.880% 528000089 89 IN Rancho Cordova CA 2221,~~105~~376.7837 23,~~759~~488.4182 7.100% 502694903 90 RT West Palm Beach FL 2221,~~668~~914.1030 34,~~485~~239.8363 7.770% 510000185 91 RT West Jordan UT 2221,~~171~~415.6058 56,~~992~~748.8587 8.170% 502701701 92 IN Houston TX 2120,~~227~~528.3784 2,~~163~~862.8841 7.640% 510000186 93 OF Coral Gables FL 2019,~~540~~866.7846 12,~~906~~580.1648 7.375% 528000094 94 MF Grand Rapids MI 1918,~~090~~460.5963 23,~~392~~022.8682 7.090% 528000095 95 IN Brea CA 19,~~952~~295.8850 2,~~225~~882.1149 7.410% 528000096 96 RT Englewood CO 1918,~~333~~696.2949 2,~~130~~767.4929 7.400% 502692006 97 RT Plano TX 18,~~921~~298.7625 2,~~159~~783.5506 7.300% 502708803 98 RT Odessa TX 18,~~984~~359.2338 12,~~992~~617.2106 7.500% 502707505 99 MF Provo UT 17,~~675~~091.1970 2,~~283~~867.8938 7.000% 502695608 100 RT Huntington IN 18,~~811~~192.9753 2,~~008~~628.7317 7.530% 502689301 101 OF Havertown PA 17,~~967~~375.8275 2,~~032~~624.1219 7.360% 502672306 102 RT Abilene TX 1716,~~317~~746.4815 2,~~139~~710.5184 7.125% 502706201 103 RT Lynchburg VA 1918,~~498~~858.0009 12,~~550~~190.3425 8.470% 628000104 104 RT Vacaville CA 1615,~~467~~925.7886 12,~~711~~253.8072 7.500% 502703401 105 RT Cypress CA 1615,~~442~~901.3005 12,~~737~~278.2853 7.500% 510000193 106 MF Waterbury CT 15,~~840~~319.8206 12,~~745~~267.6339 7.400% 265950568 108 RT Kewanee IL 1615,~~104~~575.9015 12,~~593~~123.6237 7.710% 528000109 109 MF Atwater CA 1413,~~423~~947.8562 12,~~876~~352.0730 7.000% 502698105 110 MU McAllen TX 1514,~~056~~560.6151 12,~~692~~188.2636 7.375% 502695609 111 RT Casa Grande AZ 14,~~940~~448.5963 12,~~595~~087.3531 7.530% 265950602 112 RT Palm Desert CA 1514,~~095~~598.2048 12,~~537~~034.9567 7.625% 502711512 113 MF Pine Bluff AR 12,~~981~~552.9299 12,~~776~~205.4336 6.860% 502704601 114 MF Homestead FL 13,~~768~~308.5422 23,~~639~~100.8517 7.350% 502682401 115 IN Las Vegas NV 12,~~618~~203.9242 1,~~351~~767.6818 7.490% 502702501 116 SS Hesperia CA 12,~~467~~050.2562 2,~~312~~729.5720 7.500% 528000117 117 OF Juneau AK 12,~~421~~012.0066 1,~~167~~575.5589 7.870% 528000118 118 MF Atlanta GA 10,~~741~~382.5522 2,~~109~~468.2154 7.300% 528000119 119 RT Moreno Valley CA 10,~~559~~195.6082 34,~~688~~052.9371 7.530% 502711509 120 MF Baltimore MD 109,~~020~~689.0476 1,~~167~~497.6593 7.250% 528000121 121 RT Summersville WV 1110,~~362~~989.0621 ~~921~~1,294.1500 8.250% 528000122 122 MF Charlotte NC 9,~~686~~361.0072 12,~~940~~265.8412 7.310% 528000123 123 MF Carlsbad CA 8,~~833~~542.7885 ~~955~~1,246.2316 7.500% 502711508 124 MU Baltimore MD 8,~~509~~228.0548 1,~~007~~287.3188 7.250% 528000125 125 OF Troy MI 9,~~363~~051.5036 1,~~450~~762.4660 8.350% 528000126 126 MF Fernley NV 98,~~016~~719.6570 ~~891~~1,188.1005 8.200% 528000127 127 MF St. Cloud MN 76,~~173~~933.9432 1,~~597~~837.1173 6.920% 502695001 128 RT Houston TX 6,~~733~~465.5349 78,~~746~~014.6468 7.875% 528000129 129 IN Tucson AZ 7,~~928~~663.4021 1,~~331~~596.7291 8.500% 528000130 130 MF Oklahoma City OK 6,~~388~~171.2992 1,~~669~~885.2057 7.400% 265950478 131 MF Lee`s Summit MO 6,~~672~~450.6927 1,~~076~~298.3577 8.000% 501711510 132 MF Baltimore MD 5,~~767~~577.6352 ~~672~~862.1122 7.250% 265950586 133 MF Lakewood NJ 65,~~104~~904.9496 ~~430~~630.8381 8.500% 502711507 134 MF Baltimore MD 5,~~172~~001.5397 ~~612~~782.3389 7.250% 528000135 135 IN Fresno CA 5,~~515~~330.4129 1,~~073~~258.2133 8.050% 528000136 136 OF Los Angeles CA 4,~~364~~216.0013 1,~~128~~276.6350 7.550% 528000137 137 OF Smithtown NY 4,~~036~~023.4086 2,~~005~~018.5509 7.500% Totals 5,~~927~~745,~~471~~116.6696 ~~745~~3,~~294~~394,567.1513

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 502717405 N/A 11/01/2009 N 45,157,334.31 4542,~~157~~688,~~334~~132.3170 0405/01/2004 510000176 N/A 07/01/2011 N 34,~~171~~146,~~555~~832.9475 34,~~146~~114,~~832~~957.7519 0405/01/2004 265950581 N/A 07/01/2011 N 33,~~229~~206,~~210~~401.3512 33,~~206~~176,~~401~~470.1206 0405/01/2004 502708001 N/A 12/01/2011 N 27,~~802~~775,~~997~~061.8515 27,~~775~~746,~~061~~964.1539 0405/01/2004 502709418 N/A 12/01/2011 N 22,~~307~~290,~~321~~095.2586 22,~~290~~268,~~095~~432.8645 0405/01/2004 510000202 N/A 12/01/2011 N 21,~~524~~507,~~608~~987.2223 21,~~507~~487,~~987~~083.2394 0405/01/2004 502709417 N/A 12/01/2011 N 19,~~098~~083,~~197~~450.7640 19,~~083~~064,~~450~~903.4048 0405/01/2004 502694905 N/A 09/01/2011 N 17,~~562~~549,~~963~~075.8100 17,~~549~~531,~~075~~690.0015 0405/01/2004 502700407 N/A 10/01/2011 N 17,~~293~~280,~~595~~280.7700 17,~~280~~263,~~280~~490.0088 0405/01/2004 502705804 N/A 08/01/2011 N 17,~~468~~459,~~952~~151.6033 17,~~459~~445,~~151~~634.3363 0405/01/2004 502713101 N/A 12/01/2011 N 16,~~388~~375,~~053~~399.9634 16,~~375~~359,~~399~~484.3433 0405/01/2004 502709419 N/A 12/01/2011 N 16,~~358~~346,~~702~~070.1620 16,~~346~~330,~~070~~183.2070 0405/01/2004 502707905 N/A 08/01/2011 N 15,~~516~~504,~~067~~236.9400 15,~~504~~489,~~236~~247.0049 0405/01/2004 528000014 N/A 10/01/2010 N 15,~~234~~226,~~960~~011.9429 15,~~226~~213,~~011~~465.2970 0405/01/2004 502682901 N/A 09/01/2011 N 14,~~650~~639,~~066~~028.0189 14,~~639~~625,~~028~~003.8986 0405/01/2004 265950628 N/A 04/01/2011 N 14,~~482~~470,~~954~~921.8219 14,~~470~~456,~~921~~005.1936 0405/01/2004 502700406 N/A 10/01/2011 N 14,~~069~~058,~~432~~601.5394 14,~~058~~044,~~601~~945.9422 0405/01/2004 510000190 N/A 10/01/2011 N 12,~~843~~833,~~509~~440.7933 12,~~833~~820,~~440~~814.3379 0405/01/2004 265950625 N/A 04/01/2011 N 12,~~497~~487,~~981~~596.1781 12,~~487~~474,~~596~~725.8127 0405/01/2004 502715603 10/01/2006 10/01/2011 N 12,~~187~~173,~~858~~744.6300 12,~~173~~156,~~744~~958.0023 0405/01/2004 510000177 N/A 07/01/2011 N 12,~~168~~160,~~418~~090.7015 12,~~160~~149,~~090~~150.1531 0405/01/2004 502710308 N/A 11/01/2011 N 12,000,000.00 12,000,000.00 0405/01/2004 528000023 N/A 05/01/2010 N 11,~~765~~758,~~922~~925.6395 11,~~758~~749,~~925~~118.9528 0405/01/2004 510000173 N/A 06/01/2008 N 11,~~721~~713,~~364~~389.4148 11,~~713~~702,~~389~~881.4856 0405/01/2004 628000025 N/A 01/01/2011 N 11,~~666~~658,~~804~~391.0579 11,~~658~~647,~~391~~469.7988 0405/01/2004 502701001 N/A 09/01/2011 N 10,~~733~~710,~~333~~239.1913 10,~~710~~684,~~239~~843.1396 0405/01/2004 502696703 N/A 09/01/2011 N 10,~~037~~028,~~039~~609.4197 10,~~028~~018,~~609~~245.9745 0405/01/2004 502694601 N/A 08/01/2006 N 9,~~784~~775,~~731~~145.8621 9,~~775~~763,~~145~~565.2107 09/01/2003 510000199 11/01/2011 11/01/2031 N 9,~~786~~779,~~521~~401.1330 9,~~779~~770,~~401~~267.3055 0405/01/2004 502700901 N/A 07/01/2011 N 9,~~385~~379,~~678~~356.1404 9,~~379~~371,~~356~~005.0483 0405/01/2004 528000031 N/A 07/01/2006 N 9,~~344~~336,~~156~~369.6834 9,~~336~~326,~~369~~759.3456 0405/01/2004 510000198 N/A 11/01/2011 N 9,~~310~~302,~~532~~504.6059 9,~~302~~292,~~504~~722.5985 0405/01/2004 510000178 N/A 08/01/2008 N 9,~~177~~170,~~590~~761.0871 9,~~170~~162,~~761~~043.7183 0405/01/2004 510000201 N/A 11/01/2011 N 9,~~071~~064,~~084~~847.01 9,~~064~~056,~~847~~694.0108 0405/01/2004 502704402 N/A 10/01/2011 N 8,~~410~~404,~~504~~344.0210 8,~~404~~396,~~344~~453.1019 0405/01/2004 265950627 N/A 04/01/2011 N 8,~~307~~300,~~481~~579.6208 8,~~300~~292,~~579~~023.0829 0405/01/2004 510000170 N/A 05/01/2008 N 8,~~168~~162,~~879~~898.4878 8,~~162~~155,~~898~~204.7836 0405/01/2004 265950659 N/A 06/01/2011 N 8,~~043~~037,~~062~~392.5909 8,~~037~~030,~~392~~010.0951 0305/01/2004 528000039 N/A 07/01/2011 N 7,~~813~~807,~~040~~474.3643 7,~~807~~800,~~474~~261.4351 0405/01/2004 510000180 N/A 08/01/2011 N 7,~~591~~585,~~323~~868.5426 7,~~585~~578,~~868~~824.2628 0405/01/2004 510000192 N/A 10/01/2011 N 7,~~544~~539,~~951~~036.8553 7,~~539~~531,~~036~~619.5363 0405/01/2004 502693202 N/A 10/01/2011 N 7,~~343~~338,~~593~~568.6505 7,~~338~~331,~~568~~983.0521 0405/01/2004 502676401 N/A 09/01/2011 N 7,~~231~~226,~~958~~686.2690 7,~~226~~219,~~686~~917.9000 0304/01/2004 510000183 N/A 09/01/2011 N 7,~~132~~127,~~350~~079.7453 7,~~127~~120,~~079~~340.5310 0405/01/2004 528000045 N/A 02/01/2011 N 6,~~725~~711,~~417~~853.1868 6,~~711~~696,~~853~~774.6856 0405/01/2004 502683801 N/A 08/01/2011 N 6,~~850~~845,~~313~~814.7654 6,~~845~~839,~~814~~823.5467 0405/01/2004 510000181 N/A 08/01/2011 N 6,~~757~~752,~~020~~755.8828 6,~~752~~746,~~755~~994.2811 0405/01/2004 510000197 10/01/2011 10/01/2026 N 6,~~572~~564,~~710~~907.4176 6,~~564~~555,~~907~~687.7603 0405/01/2004 510000175 N/A 07/01/2011 N 6,~~594~~590,~~806~~200.4997 6,~~590~~584,~~200~~192.9775 0405/01/2004 502700408 N/A 09/01/2011 N 6,~~244~~239,~~609~~671.3713 6,~~239~~233,~~671~~489.1385 0405/01/2004 502708301 N/A 10/01/2011 N 6,~~143~~135,~~038~~009.2191 6,~~135~~125,~~009~~740.9130 0405/01/2004 510000206 N/A 12/01/2011 N 6,~~146~~138,~~175~~696.7435 6,~~138~~129,~~696~~926.3592 0405/01/2004 510000210 N/A 12/01/2011 N 6,~~104~~100,~~861~~134.3353 6,~~100~~094,~~134~~194.5383 0405/01/2004 628000054 N/A 08/01/2011 N 6,~~108~~104,~~409~~099.4659 6,~~104~~098,~~099~~500.5960 0405/01/2004 510000209 N/A 12/01/2011 N 6,~~081~~076,~~381~~672.3069 6,~~076~~070,~~672~~755.6985 0405/01/2004 628000056 N/A 07/01/2011 N 6,~~008~~004,~~601~~405.5642 65,~~004~~998,~~405~~931.4226 0405/01/2004 502704503 N/A 09/01/2011 N 5,~~862~~857,~~206~~873.0454 5,~~857~~852,~~873~~334.5428 0405/01/2004 510000184 09/01/2011 09/01/2026 N 5,~~790~~783,~~163~~186.6644 5,~~783~~774,~~186~~964.4433 0405/01/2004 510000200 N/A 11/01/2011 N 5,~~771~~764,~~152~~890.0026 5,~~764~~757,~~890~~421.2682 0405/01/2004 628000060 N/A 08/01/2006 N 5,~~659~~654,~~001~~651.7217 5,~~654~~649,~~651~~153.1797 0405/01/2004 528000061 N/A 08/01/2009 N 5,~~495~~488,~~176~~090.5788 5,~~488~~479,~~090~~697.8816 04/01/2004 502681201 N/A 09/01/2011 N 5,~~476~~472,~~814~~975.0093 5,~~472~~467,~~975~~982.9319 0405/01/2004 502693511 N/A 09/01/2011 N 5,~~236~~232,~~627~~746.1531 5,~~232~~227,~~746~~788.3191 0405/01/2004 528000064 N/A 09/01/2011 N 4,~~880~~876,~~286~~679.4463 4,~~876~~872,~~679~~068.6319 0405/01/2004 510000171 N/A 05/01/2011 N 4,~~874~~870,~~324~~765.0231 4,~~870~~866,~~765~~182.3171 0405/01/2004 502695901 N/A 09/01/2011 N 4,~~716~~706,~~383~~564.8214 4,~~706~~695,~~564~~700.1451 0405/01/2004 528000067 N/A 10/01/2010 N 4,~~813~~807,~~281~~920.3222 4,~~807~~801,~~920~~405.2240 0405/01/2004 502664903 N/A 12/01/2011 N 4,~~699~~695,~~137~~629.0875 4,~~695~~691,~~629~~171.7556 0405/01/2004 502684301 N/A 09/01/2011 N 4,~~687~~683,~~519~~968.7090 4,~~683~~679,~~968~~464.9062 0405/01/2004 502699109 N/A 07/01/2011 N 4,~~691~~688,~~438~~227.5554 4,~~688~~684,~~227~~009.5477 0405/01/2004 628000071 N/A 12/01/2011 N 4,~~647~~643,~~358~~769.5592 4,~~643~~639,~~769~~256.9271 0405/01/2004 528000072 N/A 10/01/2010 N 4,~~553~~547,~~067~~996.6840 4,~~547~~541,~~996~~833.4077 0405/01/2004 528000073 N/A 10/01/2011 N 4,~~544~~540,~~251~~792.1649 4,~~540~~536,~~792~~415.4984 0405/01/2004 528000074 N/A 01/01/2011 N 4,~~554~~551,~~406~~410.0146 4,~~551~~547,~~410~~395.4675 0405/01/2004 510000203 N/A 12/01/2011 N 4,~~447~~441,~~510~~896.6132 4,~~441~~435,~~896~~371.3266 0405/01/2004 502707510 N/A 09/01/2011 N 4,~~492~~489,~~686~~302.9524 4,~~489~~485,~~302~~001.2423 0305/01/2004 502701003 N/A 07/01/2006 N 4,~~500~~497,~~316~~394.3777 4,~~497~~493,~~394~~485.7748 11/01/2003 502697001 N/A 09/01/2011 N 4,~~396~~393,~~654~~405.7033 4,~~393~~389,~~405~~250.3389 0405/01/2004 510000205 N/A 12/01/2011 N 4,~~235~~231,~~634~~918.3430 4,~~231~~227,~~918~~416.3016 0405/01/2004 628000080 N/A 08/01/2006 N 4,~~097~~094,~~897~~747.9252 4,~~094~~090,~~747~~766.5279 0405/01/2004 502675902 N/A 07/01/2011 N 4,~~108~~106,~~984~~317.5905 4,~~106~~102,~~317~~747.0570 0405/01/2004 502700409 N/A 07/01/2011 N 4,~~022~~019,~~421~~864.3125 4,~~019~~016,~~864~~416.2577 0405/01/2004 502705801 N/A 07/01/2011 N 3,~~947~~942,~~557~~738.5185 3,~~942~~937,~~738~~069.8594 0405/01/2004 510000194 N/A 10/01/2011 N 3,~~916~~914,~~776~~103.4673 3,~~914~~910,~~103~~598.7330 0405/01/2004 628000085 N/A 10/01/2011 N 3,~~906~~903,~~771~~708.0308 3,~~903~~899,~~708~~867.0861 0405/01/2004 502702614 N/A 09/01/2011 N 3,~~902~~899,~~880~~794.8747 3,~~899~~895,~~794~~931.4717 0405/01/2004 502709701 N/A 10/01/2011 N 3,~~829~~826,~~647~~685.7225 3,~~826~~822,~~685~~955.2541 0405/01/2004 502706203 N/A 03/01/2011 N 3,~~777~~775,~~480~~037.3826 3,~~775~~771,~~037~~751.2625 0305/01/2004 528000089 N/A 10/01/2011 N 3,~~615~~612,~~666~~907.7130 3,~~612~~609,~~907~~418.3048 0405/01/2004 502694903 N/A 07/01/2011 N 3,~~387~~384,~~933~~447.3754 3,~~384~~380,~~447~~207.5491 0405/01/2004 510000185 N/A 09/01/2021 N 3,~~151~~145,~~488~~495.2439 3,~~145~~138,~~495~~746.3952 09/01/2003 502701701 07/01/2011 07/01/2021 N 3,~~226~~224,~~588~~424.3547 3,~~224~~221,~~424~~562.4706 0405/01/2004 510000186 N/A 08/01/2011 N 3,~~234~~232,~~415~~509.5034 3,~~232~~229,~~509~~928.3486 0405/01/2004 528000094 N/A 10/01/2011 N 3,~~126~~124,~~899~~506.6579 3,~~124~~121,~~506~~483.7997 0405/01/2004 528000095 N/A 08/01/2011 N 3,~~127~~124,~~002~~777.8675 3,~~124~~121,~~777~~895.7526 0405/01/2004 528000096 N/A 10/01/2011 N 3,~~033~~031,~~994~~863.4394 3,~~031~~029,~~863~~096.9465 0405/01/2004 502692006 N/A 11/01/2011 N 3,~~010~~007,~~090~~931.7015 3,~~007~~005,~~931~~148.1509 0405/01/2004 502708803 N/A 11/01/2011 N 2,~~939~~937,~~493~~501.2201 2,~~937~~934,~~501~~883.0195 0405/01/2004 502707505 N/A 11/01/2011 N 2,~~932~~930,~~290~~006.3344 2,~~930~~927,~~006~~139.4406 0405/01/2004 502695608 N/A 07/01/2011 N 2,~~901~~899,~~216~~207.0330 2,~~899~~896,~~207~~579.3013 0405/01/2004 502689301 N/A 09/01/2008 N 2,~~835~~833,~~034~~002.2917 2,~~833~~830,~~002~~377.1798 0405/01/2004 502672306 N/A 10/01/2011 N 2,~~822~~820,~~542~~403.8938 2,~~820~~817,~~403~~692.3854 0405/01/2004 502706201 N/A 07/01/2010 N 2,~~673~~671,~~298~~747.1177 2,~~671~~669,~~747~~557.7752 0405/01/2004 628000104 N/A 12/01/2011 N 2,~~549~~548,~~849~~137.1434 2,~~548~~545,~~137~~883.3462 0405/01/2004 502703401 N/A 10/01/2011 N 2,~~545~~544,~~904~~167.6335 2,~~544~~541,~~167~~888.3582 0405/01/2004 510000193 N/A 10/01/2011 N 2,~~485~~484,~~918~~172.0744 2,~~484~~481,~~172~~905.4405 0304/01/2004 265950568 N/A 07/01/2011 N 2,~~425~~424,~~740~~147.9836 2,~~424~~422,~~147~~023.3699 0405/01/2004 528000109 N/A 10/01/2008 N 2,~~392~~391,~~897~~020.0093 2,~~391~~388,~~020~~668.9363 0405/01/2004 502698105 N/A 09/01/2011 N 2,~~370~~369,~~860~~167.0478 2,~~369~~366,~~167~~979.7842 0405/01/2004 502695609 N/A 07/01/2011 N 2,~~304~~302,~~165~~570.5621 2,~~302~~300,~~570~~482.2190 0405/01/2004 265950602 N/A 08/01/2011 N 2,~~299~~297,~~004~~466.0409 2,~~297~~295,~~466~~431.0942 0405/01/2004 502711512 N/A 11/01/2011 N 2,~~197~~195,~~635~~858.2178 2,~~195~~193,~~858~~653.7842 0405/01/2004 502704601 N/A 11/01/2011 N 2,~~175~~172,~~410~~771.9207 2,~~172~~169,~~771~~670.0790 0405/01/2004 502682401 N/A 09/01/2011 N 1,~~956~~955,~~505~~154.7709 1,~~955~~953,~~154~~386.0991 0305/01/2004 502702501 N/A 09/01/2011 N 1,~~930~~928,~~412~~099.1356 1,~~928~~925,~~099~~370.5636 0405/01/2004 528000117 N/A 05/01/2011 N 1,~~832,~~831,664.8025 1,~~831~~830,~~664~~088.2536 0405/01/2004 528000118 N/A 10/01/2011 N 1,~~708~~706,~~775~~666.3615 1,~~706~~704,~~666~~197.1561 0405/01/2004 528000119 N/A 04/01/2021 N 1,~~628~~624,~~520~~831.4552 1,~~624~~620,~~831~~778.5281 0405/01/2004 502711509 N/A 11/01/2011 N 1,~~604~~603,~~989~~821.5085 1,~~603~~602,~~821~~323.8592 0405/01/2004 528000121 N/A 03/01/2011 N 1,~~599~~598,~~351~~430.7762 1,~~598~~597,~~430~~136.62 0405/01/2004 528000122 N/A 07/01/2011 N 1,~~538~~536,~~749~~808.0218 1,~~536~~534,~~808~~543.1806 0405/01/2004 528000123 N/A 07/01/2011 N 1,~~367~~366,~~811~~856.4825 1,~~366~~365,~~856~~610.2509 0405/01/2004 502711508 N/A 09/01/2011 N 1,~~362~~361,~~962~~955.9261 1,~~361~~360,~~955~~667.6173 0405/01/2004 528000125 N/A 10/01/2010 N 1,~~302~~300,~~244~~793.3185 1,~~300~~299,~~793~~031.8525 0405/01/2004 528000126 N/A 08/01/2009 N 1,276,~~945~~054.1808 1,~~276~~274,~~054~~866.0803 0405/01/2004 528000127 N/A 10/01/2011 N 1,~~203~~202,~~906~~309.1706 1,~~202~~200,~~309~~471.0633 0405/01/2004 502695001 N/A 10/01/2011 N ~~992,963.67~~ 985,217.03 04977,202.35 05/01/2004 528000129 N/A 08/01/2009 N 1,~~083~~081,~~196~~864.3866 1,~~081~~080,~~864~~267.6675 0305/01/2004 528000130 N/A 08/01/2008 N 1,~~002,521.59 1,~~000,852.39 03998,966.82 05/01/2004 265950478 N/A 06/01/2011 N ~~968,616.77~~ 967,540.42 04966,241.65 05/01/2004 501711510 N/A 11/01/2011 N 923,~~847~~175.7564 ~~923~~922,~~175~~313.6442 0405/01/2004 265950586 N/A 06/01/2011 N ~~834~~833,~~071~~641.9714 833,~~641~~010.1433 0304/01/2004 502711507 N/A 09/01/2011 N ~~828~~827,~~524~~912.9764 827,~~912~~129.6475 0405/01/2004 528000135 N/A 07/01/2009 N ~~795,651.30~~ 794,578.09 04793,319.76 05/01/2004 528000136 N/A 04/01/2008 N ~~671,241.37~~ 670,112.74 04668,836.24 05/01/2004 528000137 N/A 12/01/2018 N ~~645,823.49~~ 643,817.94 04641,799.85 05/01/2004 Totals ~~947,085,616.12~~ 946,340,321.97 942,945,754.84

Loan Appraisal Appraisal Res. Mod. Number Reduction Reduction Strat. Code Date Amount (2) (3) 502694601 05/1211/~~2003~~2004 1730,~~018,002~~776.2646 2 502701003 05/11/2004 200,862.36 2 510000185 05/11/2004 435,923.93 7 265950586 1 Totals 1,~~018~~367,~~002~~562.2675 (1) Property Type Code MF - Multi-Family RT - Retail HC - Health Care IN - Industrial WH - Warehouse MH - Mobile Home Park OF - Office MU - Mixed Use LO - Lodging SS - Self Storage OT - Other IW - Industrial/Warehouse (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD (3) Modification Code 1 - Maturity Date Extension 2 - Amortization Change 3 - Principal Write-Off 4 - Combination

Principal Prepayment Detail No Principal Prepayments this Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Date # Balance # Balance # Balance 05/14/2004 0 $0.00 0 $0.00 0 $0.00 04/14/2004 0 $0.00 0 $0.00 2 $14,272,539.98 03/12/2004 0 $0.00 0 $0.00 1 $4,500,316.37 02/13/2004 0 $0.00 1 $4,505,145.46 2 $12,956,977.80 01/14/2004 0 $0.00 0 $0.00 0 $0.00 12/12/2003 1 $0.00 1 $3,170,620.70 1 $9,816,950.38 11/17/2003 0 $0.00 0 $0.00 2 $12,223,960.23 10/15/2003 0 $0.00 1 $9,837,478.44 1 $2,400,121.65 09/12/2003 0 $0.00 1 $9,848,622.31 1 $2,404,999.32 08/14/2003 1 $9,857,760.90 0 $0.00 1 $2,409,312.83 07/14/2003 0 $0.00 1 $2,413,596.83 0 $0.00 06/13/2003 0 $0.00 0 $0.00 1 $2,418,385.26 ~~05/14/2003 1 $4,533,134.49 0 $0.00 1 $2,422,607.19~~

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 05/14/2004 2 $14,257,050.55 1 $3,138,746.52 0 $0.00 04/14/2004 0 $0.00 1 $3,145,495.39 0 $0.00 03/12/2004 1 $9,784,731.86 1 $3,151,488.24 0 $0.00 02/13/2004 0 $0.00 0 $0.00 0 $0.00 01/14/2004 3 $17,480,339.53 0 $0.00 0 $0.00 12/12/2003 0 $0.00 0 $0.00 0 $0.00 11/17/2003 0 $0.00 0 $0.00 0 $0.00 10/15/2003 0 $0.00 0 $0.00 0 $0.00 09/12/2003 0 $0.00 0 $0.00 0 $0.00 08/14/2003 0 $0.00 0 $0.00 0 $0.00 07/14/2003 0 $0.00 0 $0.00 0 $0.00 06/13/2003 0 $0.00 0 $0.00 0 $0.00 ~~05/14/2003 0 $0.00 0 $0.00 0 $0.00~~

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 05/14/2004 0 $0.00 0 $0.00 7.286544% 7.216245% 82 04/14/2004 0 $0.00 0 $0.00 7.285054% 7.214441% 83 03/12/2004 0 $0.00 0 $0.00 7.285083% 7.214473% 84 02/13/2004 0 $0.00 0 $0.00 7.285137% 7.214532% 85 01/14/2004 0 $0.00 0 $0.00 7.285166% 7.214563% 86 12/12/2003 0 $0.00 1 $2,365,584.85 7.285194% 7.214594% 87 11/17/2003 0 $0.00 0 $0.00 7.287031% 7.215224% 88 10/15/2003 0 $0.00 0 $0.00 7.285648% 7.213553% 89 09/12/2003 0 $0.00 0 $0.00 7.285691% 7.213598% 90 08/14/2003 0 $0.00 0 $0.00 7.285720% 7.213629% 91 07/14/2003 0 $0.00 0 $0.00 7.285746% 7.213657% 92 06/13/2003 0 $0.00 0 $0.00 7.285784% 7.214135% 93 ~~05/14/2003 0 $0.00 0 $0.00 7.285810% 7.218197% 94~~ Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Delinquency Loan Detail Offering # of Paid Through Current Outstanding Status of Loan Number Document Months Date P & I P & I Mortgage Cross- Delinq. Advances Advances ** Loan (1) Reference 502694601 28 67 09/01/2003 6165,~~969~~558.1088 ~~437~~503,~~936~~495.8472 37 ~~265950659 38 0 03/01/2004 57,280.16 57,280.16 B~~ 502676401 43 0 0304/01/2004 50,~~430~~431.9113 50,~~430~~431.9113 B ~~502707510~~528000061 7661 0 0304/01/2004 3045,~~974~~895.8066 3045,~~974~~895.8066 B 502701003 77 45 11/01/2003 3231,~~767~~763.4526 ~~163~~195,~~835~~598.6489 37 ~~502706203 88 0 03/01/2004 27,918.02 27,918.02 B~~ 510000185 91 67 09/01/2003 2825,~~033~~853.1477 ~~196~~222,~~226~~080.3512 9 510000193 106 0 0304/01/2004 17,482.8795 17,482.8795 B ~~502682401 115 0 03/01/2004 13,889.08 13,889.08 B 528000129 129 0 03/01/2004 9,214.98 9,214.98 B 528000130 130 0 03/01/2004 8,015.71 8,015.71 B~~ 265950586 133 0 0304/01/2004 6,501.0103 6,501.0103 B Totals 127 ~~344~~243,~~477~~486.2368 1,~~019~~041,~~706~~485.3750

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 502694601 2 10/0408/2002 9,840,796.50 12,439.96 ~~265950659 8,043,062.59 0.00~~ 502676401 7,~~231~~226,~~958~~686.2690 0.00 ~~502707510~~528000061 45,~~492~~488,~~686~~090.9588 0.00 502701003 2 05/30/2003 4,514,664.62 95100,~~758~~291.8699 ~~502706203 3,777,480.38 0.00~~ 510000185 7 04/1822/2003 3,189,375.83 3839,~~856~~074.1052 01/13/2004 510000193 2,~~485~~484,~~918~~172.0744 0.00 ~~502682401 1,956,505.77 0.00 528000129 1,083,196.38 0.00 528000130 1,002,521.59 0.00~~ 265950586 1 06/26/2003 ~~834~~833,~~071~~641.9714 420.00 Totals 4833,~~452~~577,~~238~~428.9131 ~~147~~152,~~474~~226.9247

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = 37 (2 loans) 9497,~~736~~322.5514 ~~601~~699,~~772~~094.4861 14,355,461.12 ~~108~~112,~~198~~731.8295 Total for Status Code = 9 (1 loan) 2825,~~033~~853.1477 ~~196~~222,~~226~~080.3512 3,189,375.83 3839,~~856~~074.1052 Total for Status Code = B (94 loans) ~~221~~120,~~707~~310.5477 ~~221~~120,~~707~~310.5477 3016,~~907~~032,~~401~~591.9636 420.00 (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 Offering Servicing Resolution Scheduled Property Interest Actual Loan Document Transfer Strategy Balance Type (2) State Rate Balance Number Cross Date Code (1) Reference 502694601 28 10/0408/2002 2 9,~~775~~763,~~145~~565.2107 MF NV 7.125% 9,840,796.50 502701003 77 05/30/2003 2 4,~~497~~493,~~394~~485.7748 MF FL 7.750% 4,514,664.62 510000185 91 04/1822/2003 7 3,~~145~~138,~~495~~746.3952 RT UT 8.170% 3,189,375.83 265950586 133 06/26/2003 1 833,~~641~~010.1433 MF NJ 8.500% ~~834~~833,~~071~~641.9714

Net Remaining Loan Operating DSCR Note Maturity Amortization Number Income Date DSCR Date Date Term 502694601 803,246.00 12/31/2001 0.99 09/01/2001 08/01/2006 326 502701003 1.21 08/01/2001 07/01/2006 325 510000185 421,072.80 12/31/2002 1.25 10/01/2001 09/01/2021 207 265950586 1.29 07/01/2001 06/01/2011 324 (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

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 502694601 28 2 01/13/2003 10,250,000.00 502701003 77 2 02/17/2004 5,100,000.00 510000185 91 7 03/01/2004 3,300,000.00 265950586 133 1

Loan Number Comments from Special Servicer 502694601 Foreclosure sale has been set for June 1, 2004. The borrower has identified a potential buyer for the property, who would likely assume the loan. 502701003 Lender's legal counsel has filed the foreclosure documents and motion for appointment of receiver. Service occurred on April 28th. The borrower's responsive pleading is due May 18, 2004. The borrower has filed litigation in the United States District Co urt for the Southern District of New York against Wachovia Securities and Lennar Partners alleging that they, among other things, have repeatedly failed to correctly calculate the payoff amount for the loan, thus jeopardizing the borrower's ability to ref inance the collateral. 510000185 REO as of 1/13/04 vis DIL. Flemings rejected lease as of 9/30/03--Food4Less box is dark (50,120sf). In-line space is occupied (4 tenants) + free standing Arbys pad. Environmental finalized and acceptable. Installed Wilson Property Services as property ma nager. Will use separate leasing team. Considering Colliers Int'l and CBRE local Salt Lake City retail specialists. Property is in West Jordan, a southwest suburb of SLC, UT. 265950586 Borrower has sold the property. Loan is current and assumption is in process. (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 Detail No Liquidated Loans

Filing Compare · FIRST UNION NATIONAL BANK COM MORT PAS THR CERT SER 2001 C4