8-K 1 fun01c04.txt JUNE 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: June 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 June 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 June 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: June 14, 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 June 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: June 14, 2004 Record Date: May 28, 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 ~~253~~250,~~941~~547,~~973~~406.4330 3755,~~394,567~~821.1333 1,~~200~~184,~~510~~462.6886 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.~~224084~~451772% 14,678,000.00 14,678,000.00 0.00 8891,~~362~~147.59 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~~133,~~562~~621.1482 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 ~~946~~942,~~340~~945,~~321~~754.8370 3755,~~394,567~~821.1333 4,~~819~~824,~~682~~479.1804

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 41,~~595~~940,~~077~~284.8119 ~~250~~249,~~547~~791,~~406~~584.3097 23.6163% A-2 33736XEB1 0.00 0.00 2,436,304.50 469,800,000.00 23.6163% B 33736XEC9 0.00 0.00 196,231.86 36,696,000.00 19.7273% C 33736XED7 0.00 0.00 66,644.01 12,232,000.00 18.4243% D 33736XEE5 0.00 0.00 67,449.29 12,232,000.00 17.1213% E 33736XEF2 0.00 0.00 95,143.65 17,125,000.00 15.3032% F 33736XEJ4 0.00 0.00 69,212.73 12,232,000.00 14.0102% G 33736XEK1 0.00 0.00 70,711.15 12,232,000.00 12.7172% H 33736XEL9 0.00 0.00 100,409.58 17,125,000.00 10.8990% J 33736XEM7 0.00 0.00 8891,~~362~~147.59 14,678,000.00 9.34% K 33736XEN5 0.00 0.00 73,395.00 14,679,000.00 7.7879% L 33736XEP0 0.00 0.00 110,085.00 22,017,000.00 5.45% M 33736XEQ8 0.00 0.00 36,695.00 7,339,000.00 4.67% N 33736XER6 0.00 0.00 35,145.00 7,029,000.00 3.9293% O 33736XES4 0.00 0.00 34,690.00 6,938,000.00 3.19% P 33736XET2 0.00 0.00 23,130.00 4,626,000.00 2.70% Q 33736XEU9 0.00 0.00 ~~115~~133,~~562~~621.1482 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 85,~~214~~580,~~249~~300.3137 942,~~945~~189,~~754~~933.7037

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 33736XEG0 0.~~602207~~748004% 978,559,069.00 ~~946~~942,~~340~~945,~~321~~754.8370 ~~474~~587,~~910~~772.6383 IO-II 33736XEH8 01.~~872128~~003488% 537,874,000.00 537,874,000.00 ~~390~~449,~~912~~791.6693

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 33736XEG0 0.00 ~~474~~587,~~910~~772.6383 942,~~945~~189,~~754~~933.7037 IO-II 33736XEH8 0.00 ~~390~~449,~~912~~791.6693 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 ~~887~~875.~~48697623~~62350176 112.~~86347447~~64147584 4.~~19559468~~13951009 0.00000000 0.00000000 ~~875~~872.~~62350176~~98202592 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.~~02007017~~20980992 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 45.~~54198902~~25179647 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~~963.~~07531697~~60637244 0.~~48531626~~60065135 0.00000000 ~~963~~962.~~60637244~~83399053 IO-II 33736XEH8 1,000.00000000 0.~~72677367~~83624033 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 1955,~~041,485~~543.5092 Servicing Advances Outstanding ~~152~~176,~~226~~468.4742 Reimbursement for Interest on P & I Advances 01,526.0079 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 4645,~~268~~837.0605 Less Delinquent Servicing Fees 1,~~393~~278.7888 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1,~~287~~897.8179 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 46,~~162~~455.0996

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,~~200~~184,~~510~~462.6886 0.00 0.00 1,~~200~~184,~~510~~462.6886 0.00 A-2 2,436,304.50 0.00 0.00 2,436,304.50 0.00 IO-I ~~474~~587,~~910~~772.6383 0.00 0.00 ~~474~~587,~~910~~772.6383 0.00 IO-II ~~390~~449,~~912~~791.6693 0.00 0.00 ~~390~~449,~~912~~791.6693 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 8891,~~362~~147.59 0.00 0.00 8891,~~362~~147.59 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 06,530.0008 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,~~697~~855,~~035~~513.0772 0.00 0.00 5,~~697~~855,~~035~~513.0772 06,530.0008

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 1,~~200~~184,~~510~~462.6886 0.00 A-2 0.00 2,436,304.50 0.00 IO-I 0.00 ~~474~~587,~~910~~772.6383 0.00 IO-II 0.00 ~~390~~449,~~912~~791.6693 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 8891,~~362~~147.59 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 ~~11,529~~0.6000 ~~115~~133,~~562~~621.1482 ~~138~~132,~~580~~050.6456 Z-I 0.00 0.00 0.00 Z-II 0.00 0.00 0.00 Total ~~11,529~~0.6000 5,~~685~~862,~~505~~043.4780 ~~138~~132,~~580~~050.6456

Other Required Information Available Distribution Amount (1) 96,~~080~~617,~~072~~865.6013 Aggregate Number of Outstanding Loans 136 Aggregate Stated Principal Balance of Loans Before Distribution ~~946~~942,~~340~~945,~~321~~754.9784 Aggregate Stated Principal Balance of Loans After Distribution 942,~~945~~189,~~754~~933.8451 Aggregate Unpaid Principal Balance of Loans ~~943~~942,~~112~~336,~~856~~216.5482 Aggregate Amount of Servicing Fee 46,~~162~~455.0996 Aggregate Amount of Special Servicing Fee 3,~~802~~924.4426 Aggregate Amount of Trustee Fee 1,~~813~~807.8231 Aggregate Trust Fund Expenses ~~889~~1,724.3555 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 5053,~~194~~847.0694 05/11/2004 502701003 200,862.36 12,~~004~~008.3162 05/11/2004 510000185 435,923.93 24,~~179~~359.6224 05/11/2004 Total 1,367,562.75 5360,~~377~~215.9980

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,903,158.10 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 5,903,158.10 Principal: Scheduled Principal 755,821.33 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 755,821.33 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 6,658,979.43 Total Funds Distributed Fees: Master Servicing Fee 45,837.05 Trustee Fee 1,807.31 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 47,644.37 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 1,526.79 ASER Amount (12,178.89) Special Servicing Fee 3,924.26 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 197.76 Total Additional Trust Fund Expenses (6,530.08) Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,862,043.80 Principal Distribution 755,821.33 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 6,617,865.13 Total Funds Distributed 6,658,979.42

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 9 7,~~628~~612,~~820~~176.1742 0.81 8483 7.~~7117~~7116 1.~~653686~~669071 1,000,001 to 2,000,000 14 21,~~348~~326,~~739~~529.8399 2.26 9392 7.6364 1.~~340524~~375200 2,000,001 to 3,000,000 16 40,~~782~~752,~~818~~468.3574 4.33 8382 7.4303 1.~~322303~~311549 3,000,001 to 4,000,000 15 52,~~095~~050,~~661~~759.4853 5.52 9594 7.4019 1.~~440983~~436607 4,000,001 to 5,000,000 19 85,~~795~~719,~~361~~291.5109 9.10 8079 7.4344 1.~~296383~~336352 5,000,001 to 6,000,000 8 45,~~208~~166,~~273~~761.9202 4.79 7776 7.4444 1.~~401937~~401940 6,000,001 to 7,000,000 11 70,~~176~~106,~~080~~183.4768 7.44 8887 7.3633 1.~~413830~~447472 7,000,001 to 8,000,000 6 44,~~582~~549,~~945~~973.7398 4.73 8887 7.3081 1.~~324169~~304925 8,000,001 to 9,000,000 4 32,~~873~~848,~~691~~625.3560 3.49 7675 7.2802 1.~~358756~~358742 9,000,001 to 10,000,000 7 65,~~743~~690,~~058~~428.7743 6.97 6665 7.~~1652~~1653 1.~~270751~~288532 10,000,001 to 15,000,000 13 160,~~530~~396,~~162~~602.1788 17.02 7877 7.2959 1.~~334804~~332479 15,000,001 to 20,000,000 8 134,~~698~~598,~~100~~891.3634 14.2829 8887 7.~~2481~~2482 1.~~488717~~492223 20,000,001 to 25,000,000 2 43,~~755~~721,~~516~~209.3940 4.64 9190 7.0000 1.472411 25,000,001 or greater 4 137,~~726~~650,~~524~~031.3441 14.61 8180 7.~~1096~~1095 1.~~489108~~489160 Totals 136 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alaska 1 1,~~830~~828,~~088~~902.3622 0.19 8483 7.8700 1.580000 Arizona 3 7,~~917~~910,~~166~~687.4946 0.84 8584 7.~~4217~~4216 1.~~163218~~100146 Arkansas 2 6,~~093~~088,~~521~~616.0352 0.65 8988 6.9496 1.603600 California 34 175,~~434~~295,~~788~~325.4106 18.6061 8079 7.~~3349~~3348 1.~~378343~~395082 Colorado 2 10,~~607~~600,~~920~~224.9357 1.1213 8887 7.3821 1.~~295654~~295655 Connecticut 3 30,~~961~~938,~~239~~209.0685 3.28 8988 7.2557 1.~~373798~~400168 Florida 13 54,~~918~~874,~~593~~876.6651 5.82 8180 7.4669 1.~~351003~~386764 Georgia 3 16,~~044~~031,~~454~~623.7149 1.70 8887 7.2778 1.~~357638~~381010 Illinois 5 55,~~540~~493,~~228~~029.9285 5.89 8786 7.~~3888~~3889 1.~~172296~~181292 Indiana 1 2,~~896~~894,~~579~~540.1333 0.31 8685 7.5300 1.280000 Maine 1 19,~~064~~049,~~903~~955.4843 2.02 9190 7.0000 1.310000 Maryland 6 14,~~748~~734,~~773~~419.4256 1.56 8988 7.2125 1.~~436490~~432116 Massachusetts 1 22,~~268~~250,~~432~~972.4564 2.36 9190 7.0000 1.330000 Michigan 7 78,~~249~~221,~~545~~269.5424 8.30 7271 7.~~3281~~3278 1.~~548614~~575632 Minnesota 1 1,~~200~~198,~~471~~853.3376 0.13 8988 6.9200 2.000000 Missouri 1 ~~966~~965,~~241~~148.6594 0.10 8584 8.0000 1.270000 Nevada 7 6059,~~028~~980,~~690~~869.5168 6.37 7877 7.1918 1.~~333644~~327907 New Jersey 9 71,~~060~~006,~~055~~494.3284 7.54 8887 7.2347 1.~~474155~~474153 New Mexico 1 6,~~746~~742,~~994~~660.1199 0.72 8786 7.8200 1.260000 New York 6 35,~~862~~824,~~589~~827.5596 3.80 8180 7.1512 1.~~243385~~243353 North Carolina 4 37,~~207~~181,~~934~~336.3068 3.95 8584 7.3466 1.~~475488~~425031 North Dakota 1 4,~~872~~868,~~068~~410.1907 0.52 8887 7.2500 1.220000 Oklahoma 1 ~~998~~997,~~966~~274.8297 0.11 5150 7.4000 01.~~330000~~090000 Pennsylvania 4 47,~~704~~660,~~363~~506.4443 5.06 7574 6.~~9896~~9897 1.~~505607~~489559 Texas 9 37,~~999~~956,~~604~~260.4570 4.03 7069 7.~~4473~~4472 1.~~550022~~567908 Utah 3 17,~~815~~799,~~003~~487.8646 1.89 9998 8.~~1624~~1625 1.~~364539~~364563 Virginia 10 80,~~421~~342,~~008~~741.1760 8.53 8685 7.1658 1.~~511067~~511126 Washington 2 20,~~352~~336,~~434~~232.4248 2.16 8988 7.0000 1.~~240395~~278192 Washington,DC 1 9,~~371~~364,~~005~~587.8339 0.99 8685 7.6250 1.270000 West Virginia 3 13,~~762~~751,~~087~~586.3083 1.46 9089 7.~~1362~~1363 1.~~271433~~200855 Totals 145 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004

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 26 ~~171~~183,~~557~~216,~~357~~050.7652 ~~18.~~19.45 7978 7.~~2719~~2540 1.~~070630~~091299 1.20 to 1.24 12 6159,~~984~~232,~~350~~510.2957 6.5729 7574 7.~~5702~~5761 1.~~223721~~226996 1.25 to 1.29 1714 9464,~~790~~751,~~615~~988.7341 106.0587 8482 7.~~3388~~4459 1.~~276292~~270459 1.30 to 1.34 15 ~~126~~128,~~766~~877,~~025~~238.6785 13.4468 8685 7.~~2122~~1837 1.~~320950~~320074 1.35 to 1.39 8 77,~~847~~782,~~393~~403.0537 8.26 8584 7.5165 1.~~372786~~372784 1.40 to 1.44 9 6760,~~342~~732,~~681~~604.6006 76.1445 8178 7.~~0832~~1324 1.~~412134~~415507 1.45 to 1.49 79 5777,~~650~~934,~~147~~919.1061 68.1127 8887 7.~~2721~~2433 1.~~463562~~463663 1.50 to 1.54 89 4550,~~463~~293,~~984~~359.7933 45.34 82 83 7.~~7752~~7389 1.~~525395~~525840 1.55 to 1.59 87 3327,~~214~~092,~~766~~349.0809 32.5288 6963 7.~~6437~~6894 1.~~558374~~560255 1.60 to 1.64 7 7276,~~732~~838,~~813~~845.0859 78.7116 8988 6.~~9720~~9959 1.~~611939~~612670 1.65 to 1.69 23 1314,~~740~~652,~~703~~746.8584 1.4656 8988 7.~~4909~~4758 1.~~673409~~674452 1.70 or greater 17 ~~119~~120,~~854~~784,~~915~~917.8427 12.7182 8180 7.~~0530~~0585 1.~~835318~~835185 Totals 136 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 12 53,~~902~~847,~~331~~030.8375 5.72 7877 7.4877 1.~~437294~~427673 Mixed Use 5 17,~~177~~165,~~578~~040.2116 1.82 8887 7.3484 1.~~574343~~621103 Multi-Family 56 ~~322~~321,~~114~~838,~~348~~506.9500 34.16 8079 7.1333 1.~~335618~~329614 Office 27 249,~~684~~515,~~984~~968.7143 26.48 7877 7.3487 1.~~517822~~517862 Retail 42 287,~~948~~719,~~347~~605.3190 30.54 9089 7.~~3641~~3640 1.~~342183~~368810 Self Storage 3 12,~~118~~103,~~163~~782.8426 1.2928 9089 7.2538 1.~~272478~~302661 Totals 145 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 6.749% or less 3 56,~~208~~196,~~271~~380.7122 5.96 7271 6.~~6708~~6709 1.~~593420~~612321 6.750% to 6.999% 11 109,~~873~~786,~~798~~415.7519 11.65 8281 6.9104 1.~~442256~~421694 7.000% to 7.249% 32 285,~~857~~625,~~243~~748.3010 30.32 8584 7.0533 1.~~400327~~404251 7.250% to 7.499% 38 212,~~676~~491,~~023~~211.5651 22.55 8483 7.3477 1.~~390684~~408851 7.500% to 7.749% 29 ~~189~~188,~~026~~865,~~430~~868.1003 20.05 8180 7.5663 1.~~311643~~324224 7.500% to 7.999% 9 33,~~866~~835,~~289~~580.6829 3.59 7776 7.~~8190~~8189 1.~~346403~~368479 8.000% to 8.249% 4 6,~~173~~164,~~173~~003.9660 0.65 ~~140~~139 8.1342 1.~~460966~~376157 8.250% or greater 10 49,~~264~~224,~~523~~726.7857 5.22 7473 8.3718 1.~~400103~~400106 Totals 136 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004

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 ~~114~~111 ~~826~~811,~~629~~140,~~528~~587.5257 8786.6609 8382 7.~~2194~~2151 1.~~394925~~406378 37 to 48 months 1517 ~~105~~108,~~378~~385,~~472~~003.7180 11.1850 8179 7.~~7296~~6137 1.~~378325~~353702 49 months and greater 78 1022,~~937~~664,~~753~~342.6114 12.1641 6769 8.~~0899~~2765 1.~~580126~~476452 Totals 136 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004

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,~~387~~317,~~668~~283.5242 8.63 3736 7.3270 1.~~256907~~267387 61 to 84 months 2023 ~~119~~128,~~082~~800,~~115~~409.6791 1213.6367 78 7.~~7592~~7496 1.~~391876~~364153 85 to 108 months 9996 ~~694~~683,~~386~~994,~~512~~634.7763 7372.6460 88 7.~~2320~~2263 1.~~389254~~402520 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 months or greater 1 3,~~138~~132,~~746~~664.5202 0.33 ~~208~~207 8.1700 1.245876 Totals 133 897,~~995~~244,~~043~~991.4898 95.23 8382 7.3138 1.~~377105~~384218

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 42,688,132.70 4.53 6665 6.7000 1.760000 120 to 192 months 1 ~~641~~639,~~799~~769.8515 0.07 ~~175~~174 7.5000 1.580000 193 to 264 months 1 1,~~620~~617,~~778~~039.8168 0.17 ~~203~~202 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 44,~~950~~944,~~711~~941.3653 4.77 7271 6.~~7413~~7412 1.~~757069~~757078

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,~~898~~856,~~317~~714.4152 7.20 8584 7.1223 1.~~556516~~528820 120 months or less 1 ~~977~~969,~~202~~348.3583 0.10 8988 7.8750 2.~~410000~~360000 120 to 192 months 0 0.00 0.00 0 0.0000 0.000000 193 to 264 months 1315 4551,~~845~~231,~~665~~600.3595 45.44 86 87 7.~~8386~~7955 1.~~248368~~239155 265 to 336 months ~~113~~111 ~~783~~777,~~273~~187,~~858~~327.3768 8382.0749 8281 7.~~2990~~2981 1.~~367800~~379938 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 133 897,~~995~~244,~~043~~991.4898 95.23 8382 7.3138 1.~~377105~~384218

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,~~190~~180,~~704~~097.8186 1.29 6564 7.5340 1.306878 1 year or less ~~114~~117 ~~798~~817,~~488~~661,~~900~~594.4254 8486.6878 8382 7.~~3112~~3105 1.~~393596~~397739 1 to 2 years 1714 ~~122~~102,~~502~~594,~~584~~392.5456 1210.9989 8381 7.~~1144~~0811 1.~~447229~~486874 2 years or greater 1 9,~~763~~753,~~565~~848.0755 1.04 2726 7.1250 0.985663 Totals 136 942,~~945~~189,~~754~~933.8451 100.00 8281 7.2865 1.~~395219~~402004 (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~~238,~~128~~342.4507 ~~2,469,201~~0.6100 6.700% 510000176 2 OF Little Falls NJ ~~209~~216,~~860~~653.7467 3125,~~875~~082.5663 7.375% 265950581 3 RT Orland Park IL ~~209~~215,~~200~~978.3382 2923,~~931~~152.0657 7.560% 502708001 4 OF Berwyn PA ~~159~~158,~~127~~966.9598 28,~~096~~257.7673 6.875% 502709418 5 RT Sturbridge MA ~~130~~134,~~025~~229.5616 2117,~~663~~459.4181 7.000% 510000202 6 Various Various NJ ~~125~~129,~~463~~519.2637 2016,~~903~~847.2918 7.000% 502709417 7 RT Augusta ME ~~111~~114,~~320~~919.1300 1814,~~546~~948.9205 7.000% 502694905 8 MF Yorktown VA ~~102~~105,~~369~~677.6013 1714,~~384~~077.8532 7.000% 502700407 9 MF Summerlin NV ~~101~~105,~~769~~059.3347 1613,~~789~~498.1298 7.067% 502705804 10 OF Durham NC ~~109~~113,~~556~~120.1740 139,~~516~~952.7047 7.530% 502713101 11 MF Pasedena CA 9598,~~523~~611.1634 1512,~~915~~826.0183 7.000% 502709419 12 RT Lisbon CT 9598,~~352~~434.0872 1512,~~886~~803.5086 7.000% 502707905 13 MF Richmond VA 9295,~~508~~499.6182 1411,~~988~~997.5130 7.160% 528000014 14 OF Troy MI ~~105~~109,~~947~~389.6604 129,~~545~~104.5921 8.350% 502682901 15 RT Marlton NJ 8790,~~590~~423.1915 1411,~~025~~192.0307 7.180% 265950628 16 MF Carrboro NC 8487,~~293~~013.1211 1412,~~915~~195.8384 6.990% 502700406 17 MF Henderson NV 8285,~~806~~483.3443 1310,~~656~~979.7263 7.068% 510000190 18 RT Redmond WA 7477,~~861~~281.7402 1210,~~625~~206.5426 7.000% 265950625 19 MF Fredericksburg VA 7275,~~740~~087.2545 1210,~~871~~524.5434 6.990% 502715603 20 OF Dallas TX 7779,~~354~~822.0025 1614,~~785~~317.7752 7.625% 510000177 21 RT Wethersfield CT 7679,~~709~~195.9059 108,~~939~~454.8415 7.570% 502710308 22 RT Santa Ana CA 6870,~~500~~783.0033 0.00 6.850% 528000023 23 OF Clearfield UT 8285,~~802~~491.4415 97,~~807~~118.6796 8.450% 510000173 24 IN Antioch CA 7476,~~419~~830.0772 108,~~507~~096.9227 7.624% 628000025 25 MF Oviedo FL 7376,~~642~~025.1762 108,~~921~~538.9146 7.580% 502701001 26 MF Midlothian VA 6466,~~707~~706.6907 2523,~~395~~396.1779 7.250% 502696703 27 MF Chicago IL 5658,~~578~~403.0759 108,~~364~~539.5200 6.770% 502694601 28 MF Las Vegas NV 5859,~~039~~903.9254 119,~~580~~716.1452 7.125% 510000199 29 RT Modesto CA 5960,~~083~~996.8832 97,~~133~~221.7531 7.250% 502700901 30 OF Washington DC 5961,~~597~~529.9976 86,~~350~~418.2144 7.625% 528000031 31 MF Cecil Township PA 5355,~~295~~014.1193 97,~~609~~889.7896 6.850% 510000198 32 MF New York NY 5152,~~241~~893.3066 98,~~781~~129.7438 6.610% 510000178 33 MF Hollis NY 5557,~~406~~199.6915 86,~~717~~925.8842 7.250% 510000201 34 IN San Diego CA 5658,~~277~~101.5921 86,~~152~~329.9331 7.450% 502704402 35 MF Reno NV 5052,~~776~~419.2552 76,~~890~~247.9164 7.250% 265950627 36 MF Virginia Beach VA 4849,~~350~~911.8707 86,~~555~~995.7959 6.990% 510000170 37 OF Placentia CA 5051,~~269~~896.8555 76,~~694~~067.4272 7.390% 265950659 38 MF Azusa CA 5051,~~233~~860.7048 75,~~381~~754.5880 7.500% 528000039 39 MF Mount Lebanon PA 4849,~~341~~906.2851 75,~~212~~647.9269 7.430% 510000180 40 MF Colorado Springs CO 4648,~~621~~130.4880 75,~~043~~534.9866 7.375% 510000192 41 OF Federal Way WA 4345,~~977~~398.7193 75,~~416~~995.9068 7.000% 502693202 42 OF Henderson NV 4547,~~804~~289.9026 65,~~584~~100.8448 7.490% 502676401 43 RT Dalton GA 4345,~~962~~385.3520 65,~~769~~347.9005 7.300% 510000183 44 MF Athens GA 4344,~~059~~452.4468 65,~~739~~346.4319 7.250% 528000045 45 IN Los Angeles CA 4244,~~788~~115.0700 1513,~~079~~752.1219 7.650% 502683801 46 RT Loxahatchee FL 4345,~~856~~278.0021 54,~~990~~568.8766 7.688% 510000181 47 RT Santa Fe NM 4445,~~005~~433.4651 54,~~761~~333.1712 7.820% 510000197 48 RT Hyde Park NY 4142,~~030~~338.6781 97,~~220~~912.7359 7.500% 510000175 49 RT Davison MI 4142,~~188~~522.7691 64,~~008~~674.2207 7.500% 502700408 50 OF Rancho Cucamonga CA 3637,~~398~~574.0809 65,~~181~~005.2827 7.000% 502708301 51 OF Kensington MD 3536,~~787~~924.5660 98,~~269~~132.6157 7.000% 510000206 52 RT Houston TX 3738,~~292~~480.5862 87,~~769~~581.4339 7.290% 510000210 53 MF Parkersburg WV 3536,~~533~~681.2897 54,~~939~~791.7001 6.990% 628000054 54 RT Manteca CA 3739,~~845~~071.4206 54,~~598~~373.9935 7.440% 510000209 55 MF South Charleston WV 3536,~~396~~540.6289 54,~~916~~772.8457 6.990% 628000056 56 RT San Diego CA 3738,~~527~~743.5310 54,~~474~~258.1659 7.500% 502704503 57 MU Palm Beach FL 3536,~~391~~536.3245 54,~~539~~394.2613 7.250% 510000184 58 RT Beekman NY 3637,~~000~~147.3446 87,~~222~~074.1199 7.470% 510000200 59 SS Los Angeles CA 3536,~~021~~142.7122 76,~~468~~347.4493 7.290% 628000060 60 MF Glendale CA 3334,~~598~~684.0524 54,~~497~~411.2001 7.130% 528000061 61 RT Pleasant Hill CA 3738,~~730~~928.6268 87,~~393~~195.7266 8.250% 502681201 62 RT South Gate CA 3335,~~932~~031.4554 43,~~993~~894.7465 7.440% 502693511 63 RT Buffalo Grove IL 3132,~~570~~592.9036 43,~~957~~935.4094 7.240% 528000064 64 MF Fargo ND 2930,~~463~~416.2759 43,~~611~~658.4412 7.250% 510000171 65 RT Plantation FL 3031,~~036~~008.3940 43,~~582~~610.6059 7.400% 502695901 66 IN Bedford Park IL 2930,~~416~~326.0340 109,~~863~~953.6326 7.500% 528000067 67 OF Troy MI 3334,~~455~~523.1144 65,~~514~~446.8249 8.350% 502664903 68 MF Blacksburg VA 2728,~~880~~782.3029 43,~~458~~556.1920 7.125% 502684301 69 RT North Lauderdale FL 2728,~~947~~851.6850 43,~~504~~600.2846 7.160% 502699109 70 OF San Diego CA 2930,~~574~~533.9024 43,~~217~~259.7743 7.570% 628000071 71 OF San Diego CA 27,~~088~~964.6641 43,~~513~~637.2146 7.000% 528000072 72 OF Troy MI 3132,~~646~~657.4705 65,~~162~~152.6305 8.350% 528000073 73 MF Cottonwood AZ 2627,~~904~~774.2021 43,~~376~~506.6564 7.110% 528000074 74 RT Van Nuys CA 2930,~~963~~934.4592 43,~~014~~043.7124 7.900% 510000203 75 SS Farmingdale NY 2627,~~281~~117.2237 65,~~524~~688.6651 7.100% 502707510 76 MF Roanoke VA 2627,~~860~~729.9977 43,~~301~~432.0123 7.180% 502701003 77 MF Tampa FL 29,~~045~~987.6777 32,~~909~~967.2919 7.750% 502697001 78 IN Houston TX 2627,~~543~~402.4934 43,~~154~~295.4459 7.250% 510000205 79 MF Various CA 2223,~~958~~698.1619 43,~~502~~762.1411 6.510% 628000080 80 MF Glendale CA 2425,~~329~~116.6217 3,~~980~~194.7318 7.130% 502675902 81 MF Harrisonburg VA 2627,~~519~~380.9614 32,~~569~~709.3517 7.750% 502700409 82 MU Los Angeles CA 2627,~~196~~046.1210 32,~~447~~597.4850 7.820% 502705801 83 MF Tallahassee FL 2425,~~576~~359.4110 54,~~668~~886.9122 7.480% 510000194 84 OF Gaithersburg MD 2425,~~463~~255.1595 32,~~505~~712.4363 7.500% 628000085 85 MF Fayetteville AR 2223,~~771~~507.6354 3,~~840~~104.4756 7.000% 502702614 86 MF El Cajon CA 2223,~~748~~483.8081 3,~~863~~128.3029 7.000% 502709701 87 MF Panama City FL 2223,~~481~~208.7853 3,~~729~~003.8409 7.050% 502706203 88 RT Greenville NC 2425,~~789~~593.4143 32,~~286~~481.0199 7.880% 528000089 89 IN Rancho Cordova CA 2122,~~376~~067.3758 32,~~488~~797.8261 7.100% 502694903 90 RT West Palm Beach FL 2122,~~914~~616.3041 43,~~239~~537.6352 7.770% 510000185 91 RT West Jordan UT 2122,~~415~~081.5895 6,~~748~~082.8750 8.170% 502701701 92 IN Houston TX 2021,~~528~~194.8430 2,~~862~~196.4195 7.640% 510000186 93 OF Coral Gables FL 1920,~~866~~512.4629 21,~~580~~934.4865 7.375% 528000094 94 MF Grand Rapids MI 1819,~~460~~057.6353 32,~~022~~425.8292 7.090% 528000095 95 IN Brea CA 19,~~295~~920.5029 2,~~882~~257.4970 7.410% 528000096 96 RT Englewood CO 1819,~~696~~302.4908 2,~~767~~161.2970 7.400% 502692006 97 RT Plano TX 18,~~298~~890.2569 2,~~783~~190.0662 7.300% 502708803 98 RT Odessa TX 18,~~359~~954.3846 2,~~617~~021.0698 7.500% 502707505 99 MF Provo UT 17,~~091~~644.7014 2,~~867~~314.3894 7.000% 502695608 100 RT Huntington IN 18,~~192~~781.5390 2,~~628~~038.1780 7.530% 502689301 101 OF Havertown PA 17,~~375~~938.7531 2,~~624~~061.1963 7.360% 502672306 102 RT Abilene TX 1617,~~746~~287.1572 2,~~710~~169.8427 7.125% 502706201 103 RT Lynchburg VA 1819,~~858~~470.0971 21,~~190~~577.2563 8.470% 628000104 104 RT Vacaville CA 1516,~~925~~442.8617 21,~~253~~737.7241 7.500% 502703401 105 RT Cypress CA 1516,~~901~~416.0537 21,~~278~~763.5321 7.500% 510000193 106 MF Waterbury CT 15,~~319~~815.0625 21,~~267~~771.3920 7.400% 265950568 108 RT Kewanee IL 1516,~~575~~080.1522 21,~~123~~618.3730 7.710% 528000109 109 MF Atwater CA 1314,~~947~~398.6236 21,~~352~~901.3056 7.000% 502698105 110 MU McAllen TX 1415,~~560~~031.5196 21,~~188~~716.3691 7.375% 502695609 111 RT Casa Grande AZ 14,~~448~~916.6371 21,~~087~~619.3123 7.530% 265950602 112 RT Palm Desert CA 1415,~~598~~071.4874 21,~~034~~561.6741 7.625% 502711512 113 MF Pine Bluff AR 12,~~552~~958.9940 21,~~205~~799.3695 6.860% 502704601 114 MF Homestead FL 13,~~308~~732.2221 32,~~100~~676.1718 7.350% 502682401 115 IN Las Vegas NV 12,~~203~~598.4280 1,~~767~~371.1880 7.490% 502702501 116 SS Hesperia CA 12,~~050~~434.6268 2,~~729~~345.2014 7.500% 528000117 117 OF Juneau AK 12,~~012~~402.6641 1,~~575~~186.8914 7.870% 528000118 118 MF Atlanta GA 10,~~382~~712.2278 2,~~468~~137.5498 7.300% 528000119 119 RT Moreno Valley CA 10,~~195~~509.8240 43,~~052~~739.7113 7.530% 502711509 120 MF Baltimore MD 910,~~689~~003.7640 1,~~497~~184.9329 7.250% 528000121 121 RT Summersville WV 1011,~~989~~346.2132 ~~1,294~~936.0089 8.250% 528000122 122 MF Charlotte NC 9,~~361~~659.7252 21,~~265~~967.1232 7.310% 528000123 123 MF Carlsbad CA 8,~~542~~819.8557 ~~1,246~~969.1644 7.500% 502711508 124 MU Baltimore MD 8,~~228~~494.4872 1,~~287~~021.8864 7.250% 528000125 125 OF Troy MI 9,~~051~~340.3640 1,~~762~~473.6056 8.350% 528000126 126 MF Fernley NV 89,~~719~~001.7097 ~~1,188~~905.0578 8.200% 528000127 127 MF St. Cloud MN 67,~~933~~153.3248 1,~~837~~617.7357 6.920% 502695001 128 RT Houston TX 6,~~465~~626.4965 87,~~014~~853.6852 7.875% 528000129 129 IN Tucson AZ 7,~~663~~906.2196 1,~~596~~353.9116 8.500% 528000130 130 MF Oklahoma City OK 6,~~171~~365.9264 1,~~885~~691.5785 7.400% 265950478 131 MF Lee`s Summit MO 6,~~450~~656.2733 1,~~298~~092.7771 8.000% 501711510 132 MF Baltimore MD 5,~~577~~758.5205 ~~862~~681.2269 7.250% 265950586 133 MF Lakewood NJ 56,~~904~~097.9617 ~~630~~438.8160 8.500% 502711507 134 MF Baltimore MD 5,~~001~~163.9782 ~~782~~621.8904 7.250% 528000135 135 IN Fresno CA 5,~~330~~499.2925 1,~~258~~089.3337 8.050% 528000136 136 OF Los Angeles CA 4,~~216~~348.1336 1,~~276~~144.5027 7.550% 528000137 137 OF Smithtown NY 4,~~023~~011.8625 2,~~018~~030.0970 7.500% Totals 5,~~745~~903,~~116~~158.9610 3755,~~394,567~~821.1333

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 4542,~~157~~688,~~334~~132.3170 42,688,132.70 0506/01/2004 510000176 N/A 07/01/2011 N 34,~~146~~114,~~832~~957.7519 34,~~114~~089,~~957~~874.1956 0506/01/2004 265950581 N/A 07/01/2011 N 33,~~206~~176,~~401~~470.1206 33,~~176~~153,~~470~~317.0649 0506/01/2004 502708001 N/A 12/01/2011 N 27,~~775~~746,~~061~~964.1539 27,~~746~~718,~~964~~706.3966 0506/01/2004 502709418 N/A 12/01/2011 N 22,~~290~~268,~~095~~432.8645 22,~~268~~250,~~432~~972.4564 0506/01/2004 510000202 N/A 12/01/2011 N 21,~~507~~487,~~987~~083.2394 21,~~487~~470,~~083~~236.9476 0506/01/2004 502709417 N/A 12/01/2011 N 19,~~083~~064,~~450~~903.4048 19,~~064~~049,~~903~~955.4843 0506/01/2004 502694905 N/A 09/01/2011 N 17,~~549~~531,~~075~~690.0015 17,~~531~~517,~~690~~612.1583 0506/01/2004 502700407 N/A 10/01/2011 N 17,~~280~~263,~~280~~490.0088 17,~~263~~249,~~490~~991.8890 0506/01/2004 502705804 N/A 08/01/2011 N 17,~~459~~445,~~151~~634.3363 17,~~445~~435,~~634~~682.6316 0506/01/2004 502713101 N/A 12/01/2011 N 16,~~375~~359,~~399~~484.3433 16,~~359~~346,~~484~~657.3350 0506/01/2004 502709419 N/A 12/01/2011 N 16,~~346~~330,~~070~~183.2070 16,~~330~~317,~~183~~379.7084 0506/01/2004 502707905 N/A 08/01/2011 N 15,~~504~~489,~~236~~247.0049 15,~~489~~477,~~247~~250.4919 0506/01/2004 528000014 N/A 10/01/2010 N 15,~~226~~213,~~011~~465.2970 15,~~213~~204,~~465~~361.7049 0506/01/2004 502682901 N/A 09/01/2011 N 14,~~639~~625,~~028~~003.8986 14,~~625~~613,~~003~~811.8679 0506/01/2004 265950628 N/A 04/01/2011 N 14,~~470~~456,~~921~~005.1936 14,~~456~~443,~~005~~809.3652 0506/01/2004 502700406 N/A 10/01/2011 N 14,~~058~~044,~~601~~945.9422 14,~~044~~033,~~945~~965.2259 0506/01/2004 510000190 N/A 10/01/2011 N 12,~~833~~820,~~440~~814.3379 12,~~820~~810,~~814~~608.7953 0506/01/2004 265950625 N/A 04/01/2011 N 12,~~487~~474,~~596~~725.8127 12,~~474~~464,~~725~~200.2793 0506/01/2004 502715603 10/01/2006 10/01/2011 N 12,~~173~~156,~~744~~958.0023 12,~~156~~142,~~958~~640.2371 0506/01/2004 510000177 N/A 07/01/2011 N 12,~~160~~149,~~090~~150.1531 12,~~149~~140,~~150~~696.3116 0506/01/2004 502710308 N/A 11/01/2011 N 12,000,000.00 12,000,000.00 0506/01/2004 528000023 N/A 05/01/2010 N 11,~~758~~749,~~925~~118.9528 11,~~749~~741,~~118~~999.2832 0506/01/2004 510000173 N/A 06/01/2008 N 11,~~713~~702,~~389~~881.4856 11,~~702~~694,~~881~~785.5629 0506/01/2004 628000025 N/A 01/01/2011 N 11,~~658~~647,~~391~~469.7988 11,~~647~~638,~~469~~931.8842 0506/01/2004 502701001 N/A 09/01/2011 N 10,~~710~~684,~~239~~843.1396 10,~~684~~661,~~843~~447.9617 0506/01/2004 502696703 N/A 09/01/2011 N 10,~~028~~018,~~609~~245.9745 10,~~018~~009,~~245~~706.45 0506/01/2004 502694601 N/A 08/01/2006 N 9,~~775~~763,~~145~~565.2107 9,~~763~~753,~~565~~848.0755 0912/01/2003 510000199 11/01/2011 11/01/2031 N 9,~~779~~770,~~401~~267.3055 9,~~770~~763,~~267~~046.5524 0506/01/2004 502700901 N/A 07/01/2011 N 9,~~379~~371,~~356~~005.0483 9,~~371~~364,~~005~~587.8339 0506/01/2004 528000031 N/A 07/01/2006 N 9,~~336~~326,~~369~~759.3456 9,~~326~~318,~~759~~869.5660 0506/01/2004 510000198 N/A 11/01/2011 N 9,~~302~~292,~~504~~722.5985 9,~~292~~284,~~722~~593.8547 0506/01/2004 510000178 N/A 08/01/2008 N 9,~~170~~162,~~761~~043.7183 9,~~162~~155,~~043~~118.8341 0506/01/2004 510000201 N/A 11/01/2011 N 9,~~064~~056,~~847~~694.0108 9,~~056~~050,~~694~~364.0877 0506/01/2004 502704402 N/A 10/01/2011 N 8,~~404~~396,~~344~~453.1019 8,~~396~~390,~~453~~205.1955 0506/01/2004 265950627 N/A 04/01/2011 N 8,~~300~~292,~~579~~023.0829 8,~~292~~285,~~023~~027.2970 0506/01/2004 510000170 N/A 05/01/2008 N 8,~~162~~155,~~898~~204.7836 8,~~155~~149,~~204~~136.3664 0506/01/2004 265950659 N/A 06/01/2011 N 8,~~037~~030,~~392~~010.0951 8,~~030~~024,~~010~~255.5171 0506/01/2004 528000039 N/A 07/01/2011 N 7,~~807~~800,~~474~~261.4351 7,~~800~~794,~~261~~613.5182 0506/01/2004 510000180 N/A 08/01/2011 N 7,~~585~~578,~~868~~824.2628 7,~~578~~573,~~824~~289.2862 0506/01/2004 510000192 N/A 10/01/2011 N 7,~~539~~531,~~036~~619.5363 7,~~531~~525,~~619~~623.6395 0506/01/2004 502693202 N/A 10/01/2011 N 7,~~338~~331,~~568~~983.0521 7,~~331~~326,~~983~~882.2173 0506/01/2004 502676401 N/A 09/01/2011 N 7,~~226~~219,~~686~~917.9000 7,~~219~~214,~~917~~569.0095 0406/01/2004 510000183 N/A 09/01/2011 N 7,~~127~~120,~~079~~340.5310 7,~~120~~114,~~340~~993.1091 0506/01/2004 528000045 N/A 02/01/2011 N 6,~~711~~696,~~853~~774.6856 6,~~696~~683,~~774~~022.5637 0506/01/2004 502683801 N/A 08/01/2011 N 6,~~845~~839,~~814~~823.5467 6,~~839~~835,~~823~~255.6701 0506/01/2004 510000181 N/A 08/01/2011 N 6,~~752~~746,~~755~~994.2811 6,~~746~~742,~~994~~660.1199 0506/01/2004 510000197 10/01/2011 10/01/2026 N 6,~~564~~555,~~907~~687.7603 6,~~555~~547,~~687~~774.0344 0506/01/2004 510000175 N/A 07/01/2011 N 6,~~590~~584,~~200~~192.9775 6,~~584~~579,~~192~~518.7568 0506/01/2004 502700408 N/A 09/01/2011 N 6,~~239~~233,~~671~~489.1385 6,~~233~~228,~~489~~484.8558 0506/01/2004 502708301 N/A 10/01/2011 N 6,~~135~~125,~~009~~740.9130 6,~~125~~117,~~740~~607.3073 0506/01/2004 510000206 N/A 12/01/2011 N 6,~~138~~129,~~696~~926.3592 6,~~129~~122,~~926~~345.9253 0506/01/2004 510000210 N/A 12/01/2011 N 6,~~100~~094,~~134~~194.5383 6,~~094~~089,~~194~~403.8382 0506/01/2004 628000054 N/A 08/01/2011 N 6,~~104~~098,~~099~~500.5960 6,~~098~~094,~~500~~127.6025 0506/01/2004 510000209 N/A 12/01/2011 N 6,~~076~~070,~~672~~755.6985 6,~~070~~065,~~755~~983.8528 0506/01/2004 628000056 N/A 07/01/2011 N 65,~~004~~998,~~405~~931.4226 5,~~998~~994,~~931~~672.2667 0506/01/2004 502704503 N/A 09/01/2011 N 5,~~857~~852,~~873~~334.5428 5,~~852~~847,~~334~~940.2815 0506/01/2004 510000184 09/01/2011 09/01/2026 N 5,~~783~~774,~~186~~964.4433 5,~~774~~767,~~964~~889.3334 0506/01/2004 510000200 N/A 11/01/2011 N 5,~~764~~757,~~890~~421.2682 5,~~757~~751,~~421~~073.8289 0506/01/2004 628000060 N/A 08/01/2006 N 5,~~654~~649,~~651~~153.1797 5,~~649~~644,~~153~~742.9796 0506/01/2004 528000061 N/A 08/01/2009 N 5,~~488~~479,~~090~~697.8816 5,~~479~~472,~~697~~501.1650 0406/01/2004 502681201 N/A 09/01/2011 N 5,~~472~~467,~~975~~982.9319 5,~~467~~464,~~982~~087.1954 0506/01/2004 502693511 N/A 09/01/2011 N 5,~~232~~227,~~746~~788.3191 5,~~227~~223,~~788~~852.9197 0506/01/2004 528000064 N/A 09/01/2011 N 4,~~876~~872,~~679~~068.6319 4,~~872~~868,~~068~~410.1907 0506/01/2004 510000171 N/A 05/01/2011 N 4,~~870~~866,~~765~~182.3171 4,~~866~~862,~~182~~572.7112 0506/01/2004 502695901 N/A 09/01/2011 N 4,~~706~~695,~~564~~700.1451 4,~~695~~685,~~700~~747.5125 0506/01/2004 528000067 N/A 10/01/2010 N 4,~~807~~801,~~920~~405.2240 4,~~801~~795,~~405~~958.4091 0506/01/2004 502664903 N/A 12/01/2011 N 4,~~695~~691,~~629~~171.7556 4,~~691~~687,~~171~~615.5636 0506/01/2004 502684301 N/A 09/01/2011 N 4,~~683~~679,~~968~~464.9062 4,~~679~~675,~~464~~864.6216 0506/01/2004 502699109 N/A 07/01/2011 N 4,~~688~~684,~~227~~009.5477 4,~~684~~680,~~009~~750.7734 0506/01/2004 628000071 N/A 12/01/2011 N 4,~~643~~639,~~769~~256.9271 4,~~639~~635,~~256~~619.7125 0506/01/2004 528000072 N/A 10/01/2010 N 4,~~547~~541,~~996~~833.4077 4,~~541~~536,~~833~~681.7772 0506/01/2004 528000073 N/A 10/01/2011 N 4,~~540~~536,~~792~~415.4984 4,~~536~~532,~~415~~909.8420 0506/01/2004 528000074 N/A 01/01/2011 N 4,~~551~~547,~~410~~395.4675 4,~~547~~544,~~395~~352.7551 0506/01/2004 510000203 N/A 12/01/2011 N 4,~~441~~435,~~896~~371.3266 4,~~435~~429,~~371~~683.6615 0506/01/2004 502707510 N/A 09/01/2011 N 4,~~489~~485,~~302~~001.2423 4,~~485~~481,~~001~~569.2300 0506/01/2004 502701003 N/A 07/01/2006 N 4,~~497~~493,~~394~~485.7748 4,~~493~~490,~~485~~518.4829 11/01/2003 502697001 N/A 09/01/2011 N 4,~~393~~389,~~405~~250.3389 4,~~389~~385,~~250~~955.8930 0506/01/2004 510000205 N/A 12/01/2011 N 4,~~231~~227,~~918~~416.3016 4,~~227~~223,~~416~~654.16 05 06/01/2004 628000080 N/A 08/01/2006 N 4,~~094~~090,~~747~~766.5279 4,~~090~~087,~~766~~572.7961 0506/01/2004 502675902 N/A 07/01/2011 N 4,~~106~~102,~~317~~747.0570 4,~~102~~100,~~747~~038.7053 0506/01/2004 502700409 N/A 07/01/2011 N 4,~~019~~016,~~864~~416.2577 4,~~016~~013,~~416~~819.7727 0506/01/2004 502705801 N/A 07/01/2011 N 3,~~942~~937,~~738~~069.8594 3,~~937~~932,~~069~~183.9472 0506/01/2004 510000194 N/A 10/01/2011 N 3,~~914~~910,~~103~~598.7330 3,~~910~~907,~~598~~885.3067 0506/01/2004 628000085 N/A 10/01/2011 N 3,~~903~~899,~~708~~867.0861 3,~~899~~896,~~867~~763.61 05 06/01/2004 502702614 N/A 09/01/2011 N 3,~~899~~895,~~794~~931.4717 3,~~895~~892,~~931~~802.1788 0506/01/2004 502709701 N/A 10/01/2011 N 3,~~826~~822,~~685~~955.2541 3,~~822~~819,~~955~~952.4132 0506/01/2004 502706203 N/A 03/01/2011 N 3,~~775~~771,~~037~~751.2625 3,~~771~~769,~~751~~269.2526 05/01/2004 528000089 N/A 10/01/2011 N 3,~~612~~609,~~907~~418.3048 3,~~609~~606,~~418~~620.4887 0506/01/2004 502694903 N/A 07/01/2011 N 3,~~384~~380,~~447~~207.5491 3,~~380~~376,~~207~~670.9139 05/01/2004 510000185 N/A 09/01/2021 N 3,~~145~~138,~~495~~746.3952 3,~~138~~132,~~746~~664.5202 09/01/2003 502701701 07/01/2011 07/01/2021 N 3,~~224~~221,~~424~~562.4706 3,~~221~~219,~~562~~365.0611 0506/01/2004 510000186 N/A 08/01/2011 N 3,~~232~~229,~~509~~928.3486 3,~~229~~227,~~928~~994.8621 0506/01/2004 528000094 N/A 10/01/2011 N 3,~~124~~121,~~506~~483.7997 3,~~121~~119,~~483~~058.97 05 06/01/2004 528000095 N/A 08/01/2011 N 3,~~124~~121,~~777~~895.7526 3,~~121~~119,~~895~~637.2656 0506/01/2004 528000096 N/A 10/01/2011 N 3,~~031~~029,~~863~~096.9465 3,~~029~~026,~~096~~934.6595 0506/01/2004 502692006 N/A 11/01/2011 N 3,~~007~~005,~~931~~148.1509 3,~~005~~002,~~148~~957.0947 0506/01/2004 502708803 N/A 11/01/2011 N 2,~~937~~934,~~501~~883.0195 2,~~934~~932,~~883~~861.9597 0506/01/2004 502707505 N/A 11/01/2011 N 2,~~930~~927,~~006~~139.4406 2,~~927~~924,~~139~~824.0612 0506/01/2004 502695608 N/A 07/01/2011 N 2,~~899~~896,~~207~~579.3013 2,~~896~~894,~~579~~540.1333 0506/01/2004 502689301 N/A 09/01/2008 N 2,~~833~~830,~~002~~377.1798 2,~~830~~828,~~377~~316.9835 05/01/2004 502672306 N/A 10/01/2011 N 2,~~820~~817,~~403~~692.3854 2,~~817~~815,~~692~~523.5427 0506/01/2004 502706201 N/A 07/01/2010 N 2,~~671~~669,~~747~~557.7752 2,~~669~~667,~~557~~979.5289 0506/01/2004 628000104 N/A 12/01/2011 N 2,~~548~~545,~~137~~883.3462 2,~~545~~544,~~883~~146.6221 0506/01/2004 502703401 N/A 10/01/2011 N 2,~~544~~541,~~167~~888.3582 2,~~541~~540,~~888~~125.8261 0506/01/2004 510000193 N/A 10/01/2011 N 2,~~484~~481,~~172~~905.4405 2,~~481~~480,~~905~~133.0585 0405/01/2004 265950568 N/A 07/01/2011 N 2,~~424~~422,~~147~~023.3699 2,~~422~~420,~~023~~405.9969 0506/01/2004 528000109 N/A 10/01/2008 N 2,~~391~~388,~~020~~668.9363 2,~~388~~386,~~668~~767.6307 0506/01/2004 502698105 N/A 09/01/2011 N 2,~~369~~366,~~167~~979.7842 2,~~366~~365,~~979~~262.4251 0506/01/2004 502695609 N/A 07/01/2011 N 2,~~302~~300,~~570~~482.2190 2,~~300~~298,~~482~~863.9067 0506/01/2004 265950602 N/A 08/01/2011 N 2,~~297~~295,~~466~~431.0942 2,~~295~~293,~~431~~870.4201 0506/01/2004 502711512 N/A 11/01/2011 N 2,~~195~~193,~~858~~653.7842 2,~~193~~191,~~653~~853.4247 0506/01/2004 502704601 N/A 11/01/2011 N 2,~~172~~169,~~771~~670.0790 2,~~169~~166,~~670~~994.9072 0506/01/2004 502682401 N/A 09/01/2011 N 1,~~955~~953,~~154~~386.0991 1,~~953~~952,~~386~~015.9111 0506/01/2004 502702501 N/A 09/01/2011 N 1,~~928~~925,~~099~~370.5636 1,~~925~~923,~~370~~025.3622 0506/01/2004 528000117 N/A 05/01/2011 N 1,~~831~~830,~~664~~088.2536 1,~~830~~828,~~088~~902.3622 0506/01/2004 528000118 N/A 10/01/2011 N 1,~~706~~704,~~666~~197.1561 1,~~704~~702,~~197~~059.6163 0506/01/2004 528000119 N/A 04/01/2021 N 1,~~624~~620,~~831~~778.5281 1,~~620~~617,~~778~~039.8168 0506/01/2004 502711509 N/A 11/01/2011 N 1,~~603~~602,~~821~~323.8592 1,~~602~~601,~~323~~139.9263 0506/01/2004 528000121 N/A 03/01/2011 N 1,~~598~~597,~~430~~136.62 1,~~597~~596,~~136~~199.6273 0506/01/2004 528000122 N/A 07/01/2011 N 1,~~536~~534,~~808~~543.1806 1,~~534~~532,~~543~~575.0674 0506/01/2004 528000123 N/A 07/01/2011 N 1,~~366~~365,~~856~~610.2509 1,~~365~~364,~~610~~640.0965 0506/01/2004 502711508 N/A 09/01/2011 N 1,~~361~~360,~~955~~667.6173 1,~~360~~359,~~667~~646.7309 0506/01/2004 528000125 N/A 10/01/2010 N 1,~~300~~299,~~793~~031.8525 1,~~299~~297,~~031~~557.2569 0506/01/2004 528000126 N/A 08/01/2009 N 1,~~276~~274,~~054~~866.0803 1,~~274~~273,~~866~~960.0325 0506/01/2004 528000127 N/A 10/01/2011 N 1,~~202~~200,~~309~~471.0633 1,~~200~~198,~~471~~853.3376 0506/01/2004 502695001 N/A 10/01/2011 N ~~985,217.03~~ 977,202.35 05969,348.83 06/01/2004 528000129 N/A 08/01/2009 N 1,~~081~~080,~~864~~267.6675 1,~~080~~078,~~267~~914.7559 0506/01/2004 528000130 N/A 08/01/2008 N ~~1,000,852.39~~ 998,966.82 05997,274.97 06/01/2004 265950478 N/A 06/01/2011 N ~~967,540.42~~ 966,241.65 05965,148.94 06/01/2004 501711510 N/A 11/01/2011 N ~~923,175.64~~ 922,313.42 05921,631.73 06/01/2004 265950586 N/A 06/01/2011 N 833,~~641~~010.1433 ~~833~~832,~~010~~571.3373 0405/01/2004 502711507 N/A 09/01/2011 N 827,~~912~~129.6475 ~~827~~826,~~129~~508.7571 0506/01/2004 528000135 N/A 07/01/2009 N ~~794,578.09~~ 793,319.76 05792,230.39 06/01/2004 528000136 N/A 04/01/2008 N ~~670,112.74~~ 668,836.24 05667,691.97 06/01/2004 528000137 N/A 12/01/2018 N ~~643,817.94~~ 641,799.85 05639,769.15 06/01/2004 Totals ~~946~~942,~~340~~945,~~321~~754.9784 942,~~945~~189,~~754~~933.8451

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 06/14/2004 0 $0.00 0 $0.00 0 $0.00 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~~

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 06/14/2004 2 $14,244,366.84 1 $3,132,664.02 0 $0.00 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~~

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 06/14/2004 0 $0.00 0 $0.00 7.286515% 7.216214% 81 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~~ 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 75 0912/01/2003 65,~~558~~559.8836 ~~503~~380,~~495~~441.7236 7 ~~502676401~~502701003 4377 06 0411/01/~~2004~~2003 5031,~~431~~763.1342 50229,~~431~~370.1394 B7 ~~528000061~~502706203 6188 0 0405/01/2004 4527,~~895~~918.6626 4527,~~895~~918.6626 B ~~502701003~~502694903 7790 50 1105/01/~~2003~~2004 3126,~~763~~013.2609 ~~195~~26,~~598~~013.8909 7B 510000185 91 78 09/01/2003 25,~~853~~854.7705 ~~222~~247,~~080~~934.1217 9 502689301 101 0 05/01/2004 19,882.00 19,882.00 B 510000193 106 0 0405/01/2004 17,~~482~~483.9503 17,~~482~~483.9503 B 265950586 133 0 0405/01/2004 6,501.0307 6,501.0307 B Totals 78 ~~243~~220,~~486~~974.6829 1955,~~041,485~~543.5092

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 502694601 2 10/08/2002 9,~~840~~808,~~796~~982.5078 12,439.96 ~~502676401~~502701003 72 05/30/2003 4,~~226~~514,~~686~~664.9062 0106,000.0045 ~~528000061~~502706203 53,~~488~~771,~~090~~751.8825 0.00 ~~502701003~~502694903 ~~2 05/30/2003 4~~3,~~514~~380,~~664~~207.6291 ~~100,291~~0.9900 510000185 7 04/22/2003 3,189,375.83 3957,~~074~~608.5201 01/13/2004 502689301 2,830,377.98 0.00 510000193 2,~~484~~481,~~172~~905.4405 0.00 265950586 1 06/26/2003 833,~~641~~010.1433 420.00 Totals 3330,~~577~~810,~~428~~275.3175 ~~152~~176,~~226~~468.4742

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = 7 (2 loans) 97,322.1479 ~~699~~609,~~094~~812.6130 14,~~355~~323,~~461~~647.1240 ~~112~~118,~~731~~440.9541 Total for Status Code = 9 (1 loan) 25,~~853~~854.7705 ~~222~~247,~~080~~934.1217 3,189,375.83 3957,~~074~~608.5201 Total for Status Code = B (45 loans) ~~120~~97,~~310~~797.7745 ~~120~~97,~~310~~797.7745 1613,~~032~~297,~~591~~252.3652 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 10/08/2002 2 9,~~763~~753,~~565~~848.0755 MF NV 7.125% 9,~~840~~808,~~796~~982.5078 502701003 77 05/30/2003 2 4,~~493~~490,~~485~~518.4829 MF FL 7.750% 4,514,664.62 510000185 91 04/22/2003 7 3,~~138~~132,~~746~~664.5202 RT UT 8.170% 3,189,375.83 265950586 133 06/26/2003 1 ~~833~~832,~~010~~571.3373 MF NJ 8.500% 833,~~641~~010.1433

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 325 502701003 1.21 08/01/2001 07/01/2006 324 510000185 421,072.80 12/31/2002 1.25 10/01/2001 09/01/2021 206 265950586 1.29 07/01/2001 06/01/2011 323 (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 Forclosure sale has been set for July 6, 2004. The borrower has identified a potential buyer for the property, who would like to assume the loan. 502701003 Lender's legal counsel has filled the foreclosure documents and motion for appointment of receiver. Service occured on April 28th. The borrower's responsive pleading is due May 18, 2004. The borrower has filed litigation in the United States District Court 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 refinance the collateral. 510000185 Negotiations with gym operator for purchase broke down as 2 partners were not comfortable. Now working with them to lease space. Still have interst from another national 2nd tier tenant to lease 17,000sf. 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