8-K 1 fun99c04_sep.txt SEPTEMBER 8K 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: September 17, 2004 (Date of earliest event reported) Commission File No.: 333-48943-03 First Union National Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 1999-C4 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-7056303 52-2211953 52-2211954 52-2211955 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 17, 2004, a distribution was made to holders of First Union National Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 1999-C4. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 1999-C4, relating to the September 17, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. First Union National Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 1999-C4 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: September 17, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, FUNB Series 1999-C4, relating to the September 17, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union National Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 1999-C4 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: September 17, 2004 Record Date: August 31, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 15 Principal Prepayment Detail 16 Historical Detail 17 Delinquency Loan Detail 18 Specially Serviced Loan Detail 19 - 23 Modified Loan Detail 24 Liquidated Loan Detail 25 Underwriter First Union Capital Markets One First Union Center 301 South College Street Charlotte, NC 28288 Contact: Craig M. Lieberman Phone Number: (704) 383-7407 Master Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Allied Capital Corporation 1919 Pennsylvania Ave, N.W. Washington, DC 20006-3434 Contact: Demetrios Morakis Phone Number: (202) 331-1112 Ext 2438 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2004, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 337378AA1 7.184000% 206,000,000.00 ~~128~~124,~~083~~672,~~137~~080.0126 366,~~411~~225,~~056~~507.7517 ~~766~~746,~~791~~370.0519 A-2 337378AB9 7.390000% 447,232,000.00 447,232,000.00 0.00 2,754,203.73 B 337378AD5 7.617000% 46,501,000.00 46,501,000.00 0.00 295,165.10 C 337378AE3 7.793000% 42,072,000.00 42,072,000.00 0.00 273,222.58 D 337378AF0 7.936000% 13,286,000.00 13,286,000.00 0.00 87,864.75 E 337378AG8 8.~~179779~~179163% 28,787,000.00 28,787,000.00 0.00 196,~~226~~211.0830 F 337378AH6 8.~~179779~~179163% 13,286,000.00 13,286,000.00 0.00 90,~~563~~556.7896 G 337378AJ2 6.500000% 33,215,000.00 33,215,000.00 0.00 179,914.58 H 337378AK9 6.500000% 11,072,000.00 11,072,000.00 0.00 59,973.33 J 337378AL7 6.500000% 2,214,000.00 2,214,000.00 0.00 11,992.50 K 337378AM5 6.500000% 6,643,000.00 6,643,000.00 0.00 35,982.92 L 337378AN3 6.500000% 8,858,000.00 8,858,000.00 0.00 47,980.83 M 337378AP8 6.500000% 8,857,000.00 8,857,000.00 0.00 47,975.42 N 337378AQ6 6.500000% 17,715,326.00 16,449,698.23 0.00 3310,~~674~~093.4606 R-I N/A 0.000000% 0.00 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 0.00 R-III N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 885,738,326.00 ~~806~~803,~~555~~144,~~835~~778.2449 366,~~411~~225,~~056~~507.7517 4,~~881~~837,~~531~~507.1125

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 337378AA1 0.00 0.00 466,~~177~~971,~~847~~877.8036 ~~124~~58,~~672~~446,~~080~~573.2609 2831.7938% A-2 337378AB9 0.00 0.00 2,754,203.73 447,232,000.00 2831.7938% B 337378AD5 0.00 0.00 295,165.10 46,501,000.00 2325.0007% C 337378AE3 0.00 0.00 273,222.58 42,072,000.00 1719.7636% D 337378AF0 0.00 0.00 87,864.75 13,286,000.00 1617.1156% E 337378AG8 0.00 0.00 196,~~226~~211.0830 28,787,000.00 1213.5365% F 337378AH6 0.00 0.00 90,~~563~~556.7896 13,286,000.00 1011.8785% G 337378AJ2 0.00 0.00 179,914.58 33,215,000.00 67.7434% H 337378AK9 0.00 0.00 59,973.33 11,072,000.00 5.3684% J 337378AL7 0.00 0.00 11,992.50 2,214,000.00 5.0854% K 337378AM5 0.00 0.00 35,982.92 6,643,000.00 4.2564% L 337378AN3 0.00 0.00 47,980.83 8,858,000.00 3.1543% M 337378AP8 0.00 0.00 47,975.42 8,857,000.00 2.0523% N 337378AQ6 0.00 0.00 3310,~~674~~093.4606 16,449,698.23 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00% R-III N/A 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 871,~~292~~063,~~587~~014.8642 ~~803~~736,~~144~~919,~~778~~271.4932

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO 337378AC7 0.~~834533~~833264% 885,738,326.00 ~~806~~803,~~555~~144,~~835~~778.2449 ~~560~~557,~~914~~693.3915

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO 337378AC7 0.00 ~~560~~557,~~914~~693.3915 ~~803~~736,~~144~~919,~~778~~271.4932 (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 337378AA1 ~~621~~605.~~76280102~~20427311 16321.~~55852791~~48304451 3.~~72228665~~62315626 0.00000000 0.00000000 ~~605~~283.~~20427311~~72122859 A-2 337378AB9 1,000.00000000 0.00000000 6.15833333 0.00000000 0.00000000 1,000.00000000 B 337378AD5 1,000.00000000 0.00000000 6.34750005 0.00000000 0.00000000 1,000.00000000 C 337378AE3 1,000.00000000 0.00000000 6.49416667 0.00000000 0.00000000 1,000.00000000 D 337378AF0 1,000.00000000 0.00000000 6.61333358 0.00000000 0.00000000 1,000.00000000 E 337378AG8 1,000.00000000 0.00000000 6.~~81648244~~81596901 0.00000000 0.00000000 1,000.00000000 F 337378AH6 1,000.00000000 0.00000000 6.~~81648201~~81596869 0.00000000 0.00000000 1,000.00000000 G 337378AJ2 1,000.00000000 0.00000000 5.41666657 0.00000000 0.00000000 1,000.00000000 H 337378AK9 1,000.00000000 0.00000000 5.41666637 0.00000000 0.00000000 1,000.00000000 J 337378AL7 1,000.00000000 0.00000000 5.41666667 0.00000000 0.00000000 1,000.00000000 K 337378AM5 1,000.00000000 0.00000000 5.41666717 0.00000000 0.00000000 1,000.00000000 L 337378AN3 1,000.00000000 0.00000000 5.41666629 0.00000000 0.00000000 1,000.00000000 M 337378AP8 1,000.00000000 0.00000000 5.41666704 0.00000000 0.00000000 1,000.00000000 N 337378AQ6 928.55746657 0.00000000 10.~~90086595~~56973606 0.00000000 0.00000000 928.55746657 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO 337378AC7 ~~910~~906.~~60284010~~75175152 0.~~63327325~~62963647 0.00000000 ~~906~~831.~~75175152~~98304701

Reconciliation Detail Advance Summary P & I Advances Outstanding 2,~~511~~565,~~499~~041.6676 Servicing Advances Outstanding ~~874~~924,~~624~~437.1886 Reimbursement for Interest on 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 Breakdowns Current Period Accrued Servicing Fees 36,~~683~~540.0782 Less Delinquent Servicing Fees 1,~~695~~506.3050 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received ~~(126~~835.~~76)~~28 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3435,~~861~~869.0160

Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Trust Fund Distribution Distributable Interest Interest Interest Interest Expenses Certificate Shortfall Adjustment Interest A-1 ~~766~~746,~~791~~370.0519 0.00 ~~766~~746,~~791~~370.0519 0.00 0.00 ~~766~~746,~~791~~370.0519 0.00 A-2 2,754,203.73 0.00 2,754,203.73 0.00 0.00 2,754,203.73 0.00 IO ~~560~~557,~~914~~693.3915 0.00 ~~560~~557,~~914~~693.3915 0.00 0.00 ~~560~~557,~~914~~693.3915 0.00 B 295,165.10 0.00 295,165.10 0.00 0.00 295,165.10 0.00 C 273,222.58 0.00 273,222.58 0.00 0.00 273,222.58 0.00 D 87,864.75 0.00 87,864.75 0.00 0.00 87,864.75 0.00 E 196,~~226~~211.0830 0.00 196,~~226~~211.0830 0.00 0.00 196,~~226~~211.0830 0.00 F 90,~~563~~556.7896 0.00 90,~~563~~556.7896 0.00 0.00 90,~~563~~556.7896 0.00 G 179,914.58 0.00 179,914.58 0.00 0.00 179,914.58 0.00 H 59,973.33 0.00 59,973.33 0.00 0.00 59,973.33 0.00 J 11,992.50 0.00 11,992.50 0.00 0.00 11,992.50 0.00 K 35,982.92 0.00 35,982.92 0.00 0.00 35,982.92 0.00 L 47,980.83 0.00 47,980.83 0.00 0.00 47,980.83 0.00 M 47,975.42 0.00 47,975.42 0.00 0.00 47,975.42 0.00 N 89,102.53 0.00 89,102.53 0.00 5579,~~428~~009.0747 3310,~~674~~093.4606 1,~~372~~451,~~105~~115.9138 Total 5,~~497~~474,~~873~~209.5787 0.00 5,~~497~~474,~~873~~209.5787 0.00 5579,~~428~~009.0747 5,~~442~~395,~~445~~200.5040 1,~~372~~451,~~105~~115.9138

Other Required Information Available Distribution Amount (1) 871,~~853~~620,~~502~~707.2557 Aggregate Number of Outstanding Loans ~~151~~144 Aggregate Unpaid Principal Balance of Loans ~~803~~737,~~488~~273,~~666~~068.3875 Aggregate Stated Principal Balance of Loans ~~803~~736,~~144~~919,~~778~~271.4932 Aggregate Amount of Servicing Fee 3435,~~861~~869.0160 Aggregate Amount of Special Servicing Fee 810,~~446~~396.1861 Aggregate Amount of Trustee Fee 1,~~545~~539.9036 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 17 Aggregate Unpaid Principal Balance 621,~~697~~150,~~219~~860.8303 (1) The Available Distribution Amount includes any Prepayment Premiums.

Original Subordination Level Class A-1 26.2500% Class G 6.2501% Class A-2 26.2500% Class H 5.0000% Class B 21.0000% Class J 4.7501% Class C 16.2501% Class K 4.0001% Class D 14.7501% Class L 3.0000% Class E 11.5000% Class M 2.0001% Class F 10.0001% Class N 0.~~0000~~00%

Appraisal Reduction Amount Loan Appraisal Cumulative Current Date Appraisal Number Reduction ASER ASER Reduction Effected Amount Amount Effected 265330695 1,203,881.05 3443,~~440~~276.2002 8,~~811~~835.7482 05/11/2004 365000028 5,973,678.46 1,~~018~~062,~~968~~133.2038 4143,~~923~~165.6118 05/11/2004 510000102 1,930,238.53 ~~139~~155,~~075~~686.1298 1316,~~945~~611.4486 05/11/2004 Total 9,107,798.04 1,~~192~~261,~~483~~096.5238 6468,~~680~~612.7986

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,512,290.06 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 5,512,290.06 Principal: Scheduled Principal 636,936.10 Unscheduled Principal 65,588,571.07 Principal Prepayments 65,588,571.07 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 66,225,507.17 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 71,737,797.23 Total Funds Distributed Fees: Master Servicing Fee 36,540.82 Trustee Fee 1,539.36 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 38,080.18 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 68,612.86 Special Servicing Fee 10,396.61 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 79,009.47 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,395,200.40 Principal Distribution 66,225,507.17 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 71,620,707.57 Total Funds Distributed 71,737,797.22

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. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP Below 2,000,000 4948 6563,~~688~~954,~~118~~929.7858 8.1868 6362 8.~~4910~~4905 1.~~286499~~337314 2,000,001 to 4,000,000 39 108,~~194~~105,~~777~~127.3704 1314.4767 7271 8.~~2076~~2075 1.~~537661~~513658 4,000,001 to 6,000,000 16 79,~~145~~088,~~015~~133.9449 910.8573 7170 8.~~0274~~0273 1.~~148963~~148933 6,000,001 to 8,000,000 109 6659,~~897~~969,~~270~~001.1074 8.3314 6470 8.~~0619~~0420 1.~~262775~~189828 8,000,001 to 10,000,000 6 54,~~198~~155,~~243~~608.0127 67.7535 6463 7.7696 1.~~225937~~225943 10,000,001 to 15,000,000 1613 ~~185~~149,~~287~~012,~~883~~507.8563 2320.0722 5759 7.~~8922~~8700 1.~~294193~~284170 15,000,001 to 20,000,000 4 7069,~~011~~933,~~450~~998.5991 89.7249 6665 8.~~0073~~0072 1.~~177092~~177124 20,000,001 to 25,000,000 21 4221,~~990~~249,~~367~~046.3354 52.3588 6158 7.~~9904~~9500 1.~~260860~~180000 25,000,001 to 30,000,000 1 26,~~887~~866,~~012~~780.6521 3.3565 6362 8.0000 1.100000 30,000,001 and greater 1 50,000,000.00 6.2379 6261 7.1400 2.630000 Totals ~~151~~144 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP Alaska 1 1,~~170~~169,~~374~~598.1231 0.1516 6160 8.5000 1.160000 Arizona 3 8,~~351~~350,~~257~~469.2276 1.0413 ~~131~~130 7.~~3921~~3920 1.600000 California 27 102,~~439~~364,~~474~~116.9001 1213.7589 6867 8.~~0977~~0976 1.~~325318~~325305 Colorado 2 15,~~360~~350,~~650~~427.0902 12.9108 6362 8.1831 1.~~107068~~107077 Connecticut 3 9,~~793~~787,~~981~~025.2129 1.2233 6261 8.3228 1.~~213979~~213981 Delaware 2 14,~~693~~682,~~207~~520.0324 1.8399 6261 8.1854 1.~~279477~~279469 Florida 1914 ~~108~~52,~~065~~920,~~575~~179.9845 137.4618 5961 8.~~1414~~2154 1.~~412848~~442232 Georgia 12 70,~~347~~293,~~916~~857.3152 89.7654 6463 8.0256 1.~~146904~~148483 Illinois 2 14,~~215~~206,~~917~~712.2018 1.7793 8079 7.~~5546~~5545 1.220000 Indiana 2 18,~~406~~393,~~792~~420.3883 2.2950 4847 7.~~7795~~7796 1.~~214035~~214045 Kentucky 2 1,~~514~~512,~~202~~837.0524 0.1921 6261 8.7559 1.~~233295~~233318 Louisiana 2 3,~~035~~032,~~360~~221.2561 0.3841 6261 8.7143 1.~~194288~~194286 Maine 1 2,~~147~~145,~~055~~193.8100 0.2729 6160 8.5000 1.530000 Maryland 2 4,~~265~~262,~~274~~414.2547 0.5358 6160 8.4727 1.~~287296~~287312 Michigan 1 9,~~422~~413,~~181~~904.9914 1.1728 8281 7.5700 1.410000 Minnesota 1 1,~~926~~924,~~319~~996.4559 0.2426 6362 8.3200 1.570000 Mississippi 4 8,~~439~~429,~~011~~032.0558 1.0514 6362 8.8000 1.~~066613~~157226 Nevada 5 49,~~992~~957,~~804~~637.2198 6.2278 6059 8.0652 1.152984 New Jersey 7 40,~~137~~072,~~681~~338.7119 5.0044 7978 8.3229 1.~~178562~~178601 New York 2 3,~~878~~875,~~038~~049.0672 0.4853 6059 8.3081 1.~~236768~~236806 North Carolina 3 9,~~222~~202,~~138~~558.7929 1.1525 7574 8.~~3041~~3043 1.~~902227~~900110 Ohio 6 41,~~651~~617,~~327~~605.6920 5.1965 7372 7.5986 1.~~183999~~184005 Oregon 3 3,~~775~~772,~~702~~276.1678 0.4751 6261 8.~~3437~~3436 1.~~061624~~061756 Pennsylvania 9 42,~~591~~546,~~730~~499.2319 5.3077 5352 7.~~2847~~2849 1.~~514213~~514051 South Carolina 2 15,~~065~~053,~~337~~742.9557 12.8804 6362 7.9810 1.~~138887~~138888 Texas 9 25,~~047~~027,~~803~~859.9929 3.1240 6261 8.2904 1.~~139404~~139387 Vermont 1 2,~~276~~273,~~007~~421.2568 0.2831 6362 9.0000 1.130000 Virginia 1211 8574,~~509~~169,~~814~~146.5879 10.6506 5360 7.~~5486~~4971 2.~~078353~~177512 Washington 3 15,~~294~~278,~~219~~562.3036 12.9007 6261 8.~~3425~~3426 1.~~144836~~144873 Washington,DC 1 2,~~726~~725,~~816~~055.5487 0.3437 6261 8.0000 1.810000 West Virginia 2 4,~~926~~922,~~434~~347.6744 0.6167 9190 8.3750 1.~~055429~~055433 Wisconsin 2 13,~~609~~602,~~731~~105.2082 1.6985 7372 8.2178 1.~~654987~~655007 Totals ~~160~~153 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. Credit Lease 7 23,~~795~~792,~~021~~266.9532 23.9623 ~~132~~131 7.~~3804~~3802 NAP Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP 1.19 or less 5958 ~~342~~340,~~282~~314,~~966~~164.1851 4246.6218 6261 8.~~0933~~0912 1.~~053232~~064201 1.20 to 1.24 10 50,~~869~~816,~~406~~851.1948 6.3390 8180 8.~~0608~~0607 1.~~220210~~220215 1.25 to 1.29 76 3523,~~047~~391,~~683~~470.6165 43.3617 6260 8.~~1030~~1392 1.~~263059~~259609 1.30 to 1.34 119 6934,~~796~~852,~~258~~013.2650 84.6973 6566 8.~~0892~~1484 1.~~323300~~314147 1.35 to 1.39 3 19,~~946~~932,~~391~~312.9126 2.4870 6362 8.2302 1.387359 1.40 to 1.44 32 2514,~~514~~177,~~248~~865.2029 31.1892 4374 7.~~6967~~5465 1.~~422614~~416720 1.45 to 1.49 7 29,~~448~~426,~~978~~477.1276 3.6799 5756 8.0052 1.~~476602~~476601 1.50 to 1.54 3 5,~~987~~983,~~879~~544.0868 0.7581 6261 8.5453 1.~~536414~~536415 1.55 to 1.59 2 4,~~208~~205,~~712~~701.1250 0.5257 6261 8.2143 1.580846 1.60 to 1.69 7 16,~~908~~896,~~942~~864.5895 2.1129 5150 8.~~0899~~0898 1.665933 1.70 and greater 2524 ~~125~~118,~~493~~545,~~651~~600.4251 1516.6309 5759 7.~~6244~~5889 2.~~287875~~284836 Totals ~~151~~144 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP Credit Lease 7 23,~~795~~792,~~021~~266.9532 23.9623 ~~132~~131 7.~~3804~~3802 NAP Health Care 2 26,~~938~~897,~~673~~505.9139 3.3565 6059 8.2891 1.~~116710~~116735 Industrial 7 20,~~522~~505,~~036~~993.1067 2.5678 6362 8.4799 1.~~338798~~338768 Lodging 1614 7557,~~924~~679,~~846~~131.3610 97.4583 4861 8.~~3101~~4025 1.~~331292~~206963 Mixed Use 5 5,~~993~~989,~~748~~478.9378 0.7581 5049 8.5445 1.~~712938~~712863 Mobile Home Park 2 2,~~361~~359,~~108~~423.2029 0.2932 6160 8.2500 1.470000 Multi-Family 5955 ~~331~~282,~~231~~812,~~807~~710.2074 4138.2438 6463 7.~~7969~~7542 1.~~430543~~461756 Office 9 20,~~096~~080,~~381~~050.6975 2.5072 6261 8.4382 1.~~129901~~129928 Retail 45 240,~~790~~574,~~049~~112.2526 2932.9865 6463 8.~~0530~~0531 1.~~357189~~357067 Self Storage 1 1,~~646~~644,~~466~~461.0311 0.2122 6362 8.6500 1.260000 Totals ~~160~~153 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP 6.999% or less 1 11,~~848~~828,~~009~~344.0213 1.4861 3332 6.2200 2.220000 7.000% to 7.249% 8 79,~~685~~677,~~411~~531.8443 910.9281 8382 7.1725 2.~~388267~~388459 7.250% to 7.499% 3 13,~~874~~862,~~510~~887.6107 1.7388 4241 7.4062 1.~~325004~~325027 7.500% to 7.749% 9 74,~~076~~012,~~970~~191.5200 910.2204 6867 7.5526 1.222671 7.750% to 7.999% 1211 ~~117~~105,~~135~~727,~~009~~800.3381 14.5835 5761 7.~~9396~~9454 1.~~303710~~290172 8.000% to 8.249% 2723 ~~209~~155,~~095~~543,~~056~~071.2911 2621.0311 6162 8.~~0806~~0889 1.~~288988~~253567 8.250% to 8.499% 40 165,~~627~~481,~~248~~778.0885 2022.6246 6463 8.3112 1.~~240422~~222812 8.500% to 8.749% 2322 4341,~~650~~926,~~549~~090.6298 5.4369 7978 8.~~5565~~5584 1.~~259874~~341332 8.750% to 8.999% 19 30,~~201~~173,~~404~~315.3871 34.7609 6059 8.7991 1.~~243594~~268904 9.000% and greater 2 4,~~105~~102,~~969~~122.9332 0.5156 6362 9.0557 1.~~441978~~442056 Totals ~~151~~144 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 0 0.00 0.00 0 0.0000 0.000000 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months and greater ~~144~~138 ~~749~~682,~~300~~335,~~139~~133.6241 9392.3059 6465 7.~~9809~~9752 1.~~375309~~374965 Totals ~~151~~144 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748

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. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP 60 months or less 2460 ~~163~~290,~~739~~398,~~982~~171.4788 ~~20.~~39.41 4655 7.~~8022~~8981 1.~~308415~~319732 61 to 96 months ~~110~~68 ~~550~~357,~~891~~302,~~855~~437.7652 6848.5949 6465 8.~~0529~~0665 1.~~390594~~412896 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 1 2,~~420~~418,~~949~~555.8947 0.3033 ~~120~~119 8.3750 1.030000 121 to 144 months 7 23,~~217~~216,~~771~~197.8583 23.8915 ~~142~~141 7.~~3334~~3333 1.160000 145 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 to 204 months 0 0.00 0.00 0 0.0000 0.000000 205 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals ~~149~~142 ~~794~~727,~~115~~919,~~198~~500.8461 98.8878 5963 7.~~9911~~9755 1.~~352118~~361519

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 96 months 0 0.00 0.00 0 0.0000 0.000000 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 01 02,786,322.0066 0.0038 0120 08.~~0000~~1250 03.~~000000~~060000 121 to 144 months 10 ~~2,800,430~~0.2500 0.3500 ~~121~~0 80.~~1250~~0000 30.~~060000~~000000 145 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 to 204 months 1 6,~~229~~213,~~149~~448.4005 0.7884 ~~183~~182 8.5000 1.200000 205 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 2 98,~~029~~999,~~579~~770.6571 1.1222 ~~164~~163 8.~~3837~~3839 1.~~776860~~775855

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP Interest Only 1 50,000,000.00 6.2379 6261 7.1400 2.630000 180 months or less 0 0.00 0.00 0 0.0000 0.000000 181 to 228 months 108 5739,~~621~~387,~~276~~399.3039 75.1734 72102 7.~~8321~~7461 1.~~330452~~053545 229 to 240 months 6 9 16,~~699~~161,~~136~~617.8043 12.2119 61 8.~~3115~~4422 1.~~575001~~456773 241 to 252 months 118 2215,~~427~~925,~~821~~621.9920 2.7916 6362 8.~~7434~~7864 1.~~118511~~100817 253 to 288 months 6 22,~~806~~776,~~146~~121.7285 23.8409 5251 7.~~2980~~2984 2.~~052528~~052438 289 to 300 months 5473 ~~304~~395,~~429~~275,~~670~~519.1399 3753.9064 6362 7.~~9355~~9803 1.~~258837~~243857 301 to 348 months 5431 ~~273~~133,~~286~~809,~~508~~082.0384 3418.0316 6261 8.~~1859~~2742 1.~~232050~~230406 349 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals ~~149~~142 ~~794~~727,~~115~~919,~~198~~500.8461 98.8878 5963 7.~~9911~~9755 1.~~352118~~361519

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Credit Lease 7 23,~~795~~792,~~021~~266.9532 23.9623 ~~132~~131 7.~~3804~~3802 NAP Defeased 76 5354,~~844~~584,~~638~~137.8791 67.7041 660 8.~~1999~~0472 NAP 1 year or less ~~126~~120 ~~681~~614,~~081~~152,~~473~~730.6432 8483.8034 6263 7.~~9849~~9790 1.~~386645~~387502 1 to 2 years 8 21,~~451~~434,~~329~~463.9830 2.6791 5554 8.1886 1.~~273852~~273885 2 years or greater 3 22,~~972~~955,~~314~~673.0547 23.8612 6261 8.2900 1.~~133943~~133945 Totals ~~151~~144 ~~803~~736,~~144~~919,~~778~~271.4932 100.00 6064 7.~~9955~~9805 1.~~357039~~366748 (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 265330589 1 MF Various VA 297,500.00 0.00 7.140% 265330666 2 RT Canoga Park CA 185,~~360~~221.0764 20,~~094~~232.0144 8.000% 265330670 3 MF Miami FL 150,~~331~~230.1184 14,~~500~~601.8613 8.030% 265330537 4 MF Las Vegas NV 145,~~673~~570.3574 1415,~~988~~091.6930 7.950% 465000005 5 MF Toledo OH 121,~~161~~053.2165 16,~~653~~761.9753 7.500% 265330594 6 MF Wilmington Island GA 123,~~990~~895.3486 13,~~731~~825.0755 7.990% 365000007 7 HC Jersey City NJ 120,~~398~~146.0529 3435,~~909~~161.3309 8.375% 265330690 8 RT Aventura FL 117,~~729~~647.8852 11,~~621~~703.1551 8.230% 265330650 9 MF Dallas TX 104,~~898~~823.3543 1014,~~584~~809,054.4565 8.220% 265330554 10 RT Tustin CA 95,~~767~~694.7336 10,~~690~~764.8825 7.970% 265330671 11 MF Miami FL 91,~~272~~211.4658 8,~~804~~864.0997 8.030% 465000012 12 RT Philadelphia PA 61,~~513~~412.5818 19,~~563~~664.4989 6.220% 265330536 13 MF Henderson NV 84,~~415~~355.2023 8,~~793~~853.8077 7.920% 265330613 15 RT Dover DE 87,~~674~~613.9623 8,~~667~~728.2093 8.270% 510000102 16 RT Federal Way WA 86,~~563~~493.0024 9,~~656~~726.5430 8.390% 265330643 17 LO Newport News VA 7776,~~018~~887.8297 1911,~~272~~323,938.0949 7.885% 265330669 18 MF Orlando FL 80,~~534~~480.5281 7,~~768~~822.3203 8.030% 265330657 19 RT Virginia Beach VA 81,~~250~~200.7167 7,~~148~~198.1115 8.130% 265330588 20 RT Ashwaubenon WI 81,~~956~~914.4810 6,~~008~~051.9836 8.190% 265330631 22 LO Atlanta GA 7978,~~011~~956.7440 7,~~789~~844.6094 8.250% 265330514 23 RT Bartlett IL 72,~~179~~119.7551 9,~~144~~205.7802 7.650% 265330570 24 MF Upper Providence Town PA 68,~~545~~486.6821 9,~~206~~266.9744 7.500% 510000083 25 RT Egg Harbor Township NJ 72,~~549~~485.5932 9,~~294~~358.2653 8.030% 465000027 27 MF Gahanna OH 65,~~790~~733.3022 8,~~733~~790.9098 7.590% 365000028 28 HC Denver CO 72,~~180~~138.5063 56,~~965~~007.5643 8.150% 265330629 29 RT Bloomington IN 68,~~127~~088.1434 5,~~598~~636.1898 8.050% 265330680 30 RT Las Vegas NV 68,~~427~~379.5899 6,~~699~~746.0867 8.250% 265330651 31 MF Austin TX 68,~~049~~000.5393 69,~~866~~606,911.3397 8.220% 465000032 32 MF Oshtemo Twp MI 61,~~473~~419.1554 8,~~224~~277.2485 7.570% 465000033 33 MF Indianapolis IN 55,~~268~~219.5310 7,~~685~~734.1457 7.470% 355330617 34 MF Jonesboro GA 52,~~574~~525.2260 7,~~831~~880.7941 7.208% 265330598 35 MF Goose Creek SC 5756,~~022~~978.2278 6,~~314~~358.8226 7.990% 265330649 36 MF Lewisville TX 56,~~106~~066.8376 57,~~661~~920,898.3058 8.220% 265330639 37 LO Tampa FL 55,~~911~~872.3721 5,~~512~~551.1935 8.250% 265330648 39 MF Irving TX 53,~~759~~720.1373 57,~~424~~589,460.40 8.220% 265330646 40 MF Irving TX 53,~~350~~312.8372 57,~~383~~531,818.2161 8.220% 265330642 41 LO Islamorada FL 48,~~803~~725.5020 116,~~042~~871,171.5595 8.235% 265330597 42 MF North Charleston SC 46,~~593~~558.8010 5,~~201~~237.4212 7.970% 265330551 43 MF Sacramento CA 46,~~545~~510.9533 5,~~169~~205.7840 8.000% 265330630 44 LO College Park GA 48,~~074~~040.4881 4,~~739~~773.5623 8.250% 510000100 45 RT Carteret NJ 45,~~708~~593.0091 15,~~587~~701.2635 8.500% 465000046 46 RT Austin TX 45,~~076~~040.7366 5,~~362~~398.6774 7.810% 465000047 47 MF Forest Park OH 43,~~278~~241.9944 5,~~745~~783.4500 7.590% 825999674 48 CL Marina CA 34,103.49 0.00 7.235% 265330626 49 MF Atlanta GA 43,~~072~~039.4590 4,~~712~~745.9045 8.020% 265330599 50 MF Augusta GA 41,~~821~~789.8682 4,~~668~~700.7377 7.970% 825999668 51 CL Mesa AZ 30,491.99 0.00 7.235% 265330575 52 RT Philadelphia PA 38,~~859~~829.1966 4,~~286~~315.1770 8.000% 265330574 53 RT Philadelphia PA 37,~~173~~145.9772 4,~~100~~128.2954 8.000% 265330675 54 IN Las Vegas NV 38,~~490~~464.4188 3,~~525~~551.7831 8.410% 265330547 55 RT Simi Valley CA 34,~~723~~674.5726 7,~~271~~321.9021 7.875% 265330632 56 LO Atlanta GA 37,~~447~~421.4926 3,~~691~~718.8710 8.250% 510000107 57 RT Pueblo CO 36,~~130~~100.5985 4,~~185~~215.9064 8.250% 265330685 58 MF St. Petersburg FL 34,~~464~~439.3752 3,~~551~~576.4934 8.125% 265330595 59 MF Savannah GA 33,~~462~~437.7612 3,~~735~~761.5620 7.970% 265330571 60 MF Middleton Township PA 30,~~820~~794.8916 4,~~139~~166.8457 7.500% 265330668 61 OF Shelton CT 33,~~039~~016.0121 3,~~190~~213.6545 8.300% 510000108 62 IN Dallas TX 32,~~376~~349.7687 3,~~785~~812.4130 8.250% 265330596 63 MF Savannah GA 31,~~191~~168.9708 3,~~482~~505.0897 7.970% 265300075 64 MF College Station TX 31,~~996~~974.9149 3,~~133~~155.3274 8.310% 265330641 65 RT Fort Bragg CA 30,~~912~~891.8352 23,~~989~~010.1243 8.280% 265330662 66 LO Livermore CA 30,~~834~~797.6578 4,~~899~~935.0592 8.740% 365000067 67 MF Orange Park FL 27,~~237~~212.2475 3,~~555~~580.5908 8.000% 265330637 68 LO Raleigh NC 27,~~367~~348.5841 2,~~698~~717.1128 8.250% 265330667 69 OF New London CT 27,~~053~~033.0885 2,~~722~~741.5073 8.200% 265330655 70 MF San Diego CA 26,~~681~~662.4055 2,~~663~~681.1499 8.220% 825999677 71 CL Arlington Heights IL 19,703.22 0.00 7.235% 265330693 72 MF Irving TX 28,~~283~~266.5365 2,~~240~~257.4533 8.750% 510000098 73 LO Ocala FL 26,~~745~~724.1567 2,~~756~~777.9139 8.625% 265330607 74 RT Durham NC 19,~~691~~593.3129 14,~~009~~107.5759 8.125% 265330627 75 RT Woodland Hills CA 23,~~440~~424.5528 2,~~270~~286.0229 8.320% 265330603 76 RT Portsmouth VA 22,~~913~~897.3571 2,~~169~~184.0367 8.375% 265330619 77 RT Richmond VA 22,~~176~~160.0989 2,~~112~~127.3555 8.360% 825999707 78 CL Columbus OH 16,091.73 0.00 7.235% 255999956 79 RT Zephyrills FL 19,~~660~~648.6247 1,~~946~~959.8803 7.250% 510000097 80 IN San Jose CA 22,~~899~~882.9590 2,~~263~~280.1318 8.750% 265330633 81 LO Jacksonville FL 21,~~541~~526.2011 2,~~123~~138.7079 8.250% 265330611 82 IN Alexandria VA 20,~~748~~728.5740 2,~~835~~855.1027 8.260% 510000099 83 IN Poway CA 21,~~065~~049.7113 2,~~264~~281.7533 8.500% 265330612 84 OF Baltimore MD 20,~~575~~561.6217 2,~~025~~040.6813 8.280% 825999685 85 CL Camarillo CA 14,674.56 0.00 7.235% 510000109 86 RT Jacksonville FL 20,~~154~~138.8693 2,~~192~~208.1912 8.438% ~~265330576 87 MF Philadelphia PA 19,427.93 2,778,505.16 8.120%~~ 265330689 88 LO Pearl MS 20,~~297~~273.5071 3,~~139~~163.6847 8.800% 265330623 89 MF Washington DC 18,~~796~~784.7874 1,~~748~~760.6367 8.000% 510000052 90 CL Hickory NC 18,~~409~~390.9337 2,~~736~~755.0763 8.580% 265330625 91 MF Charleston WV 18,~~081~~069.1907 1,~~680~~692.6981 8.375% 265330587 92 RT Belleair Bluffs FL 17,~~212~~199.0115 1,~~865~~878.8773 8.000% 825999684 93 CL Youngtown AZ 12,891.67 0.00 7.235% 125129417 94 MF Hurricane WV 16,~~912~~896.8121 2,~~377~~394.8242 8.375% 265330555 95 MF Linden NJ 16,~~939~~927.8563 1,~~732~~744.0830 8.188% 265330577 96 MF Newark DE 15,~~965~~952.4345 1,~~944~~957.8886 7.750% 265330606 97 MH Medford OR 16,~~785~~773.5971 1,~~673~~684.0391 8.250% 265330665 98 OF Williston VT 17,~~658~~639.9406 2,~~565~~585.6957 9.000% 265330562 99 MF Charlottesville VA 15,~~980~~968.5582 1,~~676~~687.0376 8.125% 265330591 100 LO Monroe LA 16,~~451~~431.0678 2,~~544~~563.6997 8.800% 265330593 101 LO Southhaven MS 16,~~115~~096.0314 2,~~492~~511.7261 8.800% 265330582 102 MU Winter Park FL 16,~~126~~115.1292 1,~~374~~384.1535 8.625% 265330543 103 RT Kittery ME 15,~~728~~715.7926 1,~~849~~862.2881 8.500% 265330509 104 MF Whitehall PA 13,~~630~~617.1192 1,~~917~~929.7594 7.380% 265330529 105 MU Buffalo NY 14,~~747~~736.1867 1,~~480~~490.1869 8.250% 265330658 106 MF Whitehall OH 14,~~595~~585.2944 1,~~366~~376.2308 8.375% 255999618 107 MF Beloit WI 14,~~406~~394.1891 1,~~562~~574.7502 8.380% 265330688 108 LO Grenada MS 14,~~377~~360.6984 2,~~223~~240.9984 8.800% 265330691 109 RT Eagan MN 13,~~810~~801.4201 1,~~313~~322.4586 8.320% 265330660 110 MF Lakewood NJ 13,~~462~~452.6594 1,~~387~~397.2900 8.125% 510000095 111 OF Pearland TX 13,~~812~~801.5022 1,~~563~~574.0533 8.375% 265330605 112 MF Saint Paul MN 13,~~116~~107.9466 1,~~307~~316.3866 8.250% 510000101 113 IN Newark NJ 14,~~389~~379.0319 1,~~252~~262.2004 9.125% 265330681 114 RT Lynnwood WA 12,~~760~~744.8127 2,~~308~~325.7226 8.320% 510000088 115 MF New York NY 13,~~018~~007.4371 1,~~486~~497.9365 8.375% 265330687 116 MF Jackson CA 13,~~248~~240.6712 1,~~168~~177.4601 8.500% 265330592 117 LO McComb MS 13,~~233~~218.7726 2,~~047~~062.0455 8.800% 265330585 118 RT Palmdale CA 12,~~168~~159.5776 1,~~253~~261.1394 8.170% 265330679 119 SS College Station TX 12,~~278~~263.7189 12,~~990~~004.1092 8.650% 265330566 120 MF Bradenton FL 12,~~309~~301.3629 1,~~101~~109.3138 8.510% 265330686 121 MF Venice CA 12,~~238~~230.2434 1,~~079~~087.3424 8.500% 265330661 122 RT Rialto CA 12,~~231~~223.1728 1,~~078~~086.7261 8.500% 365000123 123 LO Federal Way WA 10,~~658~~633.0438 3,~~580~~605.7238 8.000% 465000124 124 MF Van Nuys CA 11,~~877~~869.9599 1,~~104~~112.0804 8.375% 265330528 125 MF Fresno CA 10,~~320~~312.8908 1,~~354~~363.3516 7.560% 265330695 126 OF Salem OR 10,~~366~~354.6904 1,~~727~~740.8247 8.500% 265330659 127 MF Columbus OH 11,~~299~~291.0772 1,~~003~~010.5590 8.500% 465000128 128 MF Hollywood CA 10,~~987~~980.8044 1,~~021~~028.3470 8.375% 265330601 129 RT Bermuda Dunes CA 10,~~269~~262.3433 ~~972~~979.1314 8.375% 265999973 130 RT Las Vegas NV 10,~~435~~428.4775 ~~916~~923.4618 8.510% 265330578 131 MF Hyattsville MD 10,~~564~~558.2807 ~~813~~819.4465 8.875% 510000103 132 RT Orange CT 10,~~149~~141.0759 ~~993~~1,000.2674 8.750% 265330579 133 RT Studio City CA 10,~~030~~020.4362 1,~~302~~312.4425 8.750% 265330572 134 MF Chester PA 8,~~617~~610.5205 1,~~157~~164.5097 7.500% 265330663 135 MF North Hollywood CA 9,~~382~~376.6935 ~~878~~884.2963 8.375% 265330573 136 OF Decatur GA 9,~~699~~694.9322 ~~746~~752.8960 8.875% 265330511 137 RT Morrow GA 9,~~177~~166.1939 1,~~413~~424.6444 8.875% 265330523 138 RT Houston TX 8,~~919~~914.7707 ~~771~~777.4919 8.590% 265330618 139 OF Anchorage AK 8,~~572~~566.1349 ~~770~~775.1781 8.500% 465000140 140 RT Phoenix AZ 8,~~334~~329.8117 ~~781~~787.8246 8.370% 265330677 141 MF Ontario CA 8,~~426~~420.2078 ~~740~~745.0042 8.510% 265999972 142 MU Charlottesville VA 8,~~572~~567.8983 ~~670~~675.8490 8.750% 265330620 143 RT Suwanee GA 8,~~204~~199.3656 ~~627~~632.3010 8.875% 265330640 144 RT Encino CA 7,~~731~~726.2511 ~~703~~708.4256 8.470% 465000145 145 RT Seminole FL 7,~~547~~538.2817 1,~~208~~217.5566 8.750% 265330602 146 MF San Diego CA 6,~~715~~710.6085 ~~669~~674.3510 8.250% 265330545 147 RT Margate FL 6,~~484~~476.0224 1,~~024~~032.2806 8.820% 265330646 148 MF Royersford PA 6,~~235~~230.0278 ~~589~~593.7599 8.350% 265330644 149 MF Grambling LA 6,~~349~~345.7255 ~~570~~574.5067 8.500% 265330664 150 MF North Hollywood CA 6,~~242~~238.7367 ~~554~~558.4753 8.500% 265330609 151 RT Austin TX 6,~~211~~204.7039 ~~956~~964.8415 8.875% 265330580 152 RT Louisville KY 6,~~061~~058.8537 ~~454~~457.4896 8.875% 265330557 153 OF Louisville KY 5,~~365~~358.0739 ~~900~~906.1785 8.625% 265330674 154 MU Fairview NJ 4,~~685~~680.4904 ~~713~~719.7621 8.875% 265330654 155 MF Buena Park CA 4,~~328~~325.3963 ~~377~~380.3612 8.500% 265330581 156 MF Cape Coral FL 4,~~121~~118.1251 ~~351~~353.1778 8.625% Totals 5,~~536~~512,~~102~~290.5006 366,~~411~~225,~~056~~507.7517

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 265330589 N/A 10/01/2009 N 50,000,000.00 50,000,000.00 0809/01/2004 265330666 N/A 11/01/2009 N 26,~~907~~887,~~106~~012.6665 26,~~887~~866,~~012~~780.6521 0809/01/2004 265330670 N/A 11/01/2009 N 21,~~740~~726,~~730~~229.3549 21,~~726~~711,~~229~~628.4936 0809/01/2004 265330537 N/A 07/01/2009 N 21,~~279~~264,~~126~~137.5384 21,~~264~~249,~~137~~046.8454 0809/01/2004 465000005 N/A 06/01/2009 N 18,~~760~~743,~~444~~790.9295 18,~~743~~727,~~790~~029.9542 0809/01/2004 265330594 N/A 09/01/2011 N 18,~~021~~007,~~123~~392.5750 1817,~~007~~993,~~392~~566.5095 0809/01/2004 365000007 N/A 06/01/2009 N 16,~~694~~659,~~577~~668.8552 16,~~659~~624,~~668~~507.5243 0809/01/2004 265330690 N/A 11/01/2009 N 16,~~612~~600,~~219~~598.7762 16,~~600~~588,~~598~~895.6211 0809/01/2004 265330650 N/A 09/01/2004 N 14,~~819,639.10 14,~~809,054.65 080.00 09/01/2004 265330554 N/A 09/01/2009 N 13,~~954~~943,~~094~~403.7789 13,~~943~~932,~~403~~639.8964 0809/01/2004 265330671 N/A 11/01/2009 N 13,~~199~~190,~~729~~925.3021 13,~~190~~182,~~925~~060.2124 0809/01/2004 465000012 05/01/2007 05/01/2027 N 11,~~867~~848,~~572~~009.5102 11,~~848~~828,~~009~~344.0213 0809/01/2004 265330536 N/A 07/01/2009 N 12,~~377~~368,~~595~~801.5575 12,~~368~~359,~~801~~947.7598 0809/01/2004 265330613 N/A 10/01/2009 N 12,~~311~~302,~~496~~829.6949 12,~~302~~294,~~829~~100.4956 0809/01/2004 510000102 N/A 11/01/2009 N 11,~~981~~971,~~499~~842.1157 11,~~971~~962,~~842~~116.5727 01/01/2004 265330643 N/A 12/01/2004 N 11,~~343,210.58 11,~~323,938.49 080.00 09/01/2004 265330669 N/A 11/01/2009 N 11,~~646~~639,~~819~~051.8553 11,~~639~~631,~~051~~229.5350 0809/01/2004 265330657 N/A 10/01/2009 N 11,~~605~~598,~~863~~715.2716 11,~~598~~591,~~715~~517.1601 0809/01/2004 265330588 N/A 09/01/2009 N 11,~~620~~614,~~911~~902.2022 11,~~614~~608,~~902~~850.2286 0809/01/2004 265330631 N/A 10/01/2009 N 11,~~121~~114,~~887~~098.6101 11,~~114~~106,~~098~~253.0107 0809/01/2004 265330514 N/A 09/01/2009 N 10,~~957~~947,~~077~~932.6486 10,~~947~~938,~~932~~727.8684 0809/01/2004 265330570 N/A 09/01/2009 N 10,~~613~~604,~~523~~316.9699 10,~~604~~595,~~316~~050.9955 0809/01/2004 510000083 N/A 09/01/2009 N 10,~~492~~482,~~047~~752.1690 10,~~482~~473,~~752~~394.9037 0809/01/2004 465000027 N/A 06/01/2011 N 10,~~066~~057,~~092~~358.2737 10,~~057~~048,~~358~~567.3739 0809/01/2004 365000028 N/A 10/01/2009 N 10,~~284~~279,~~970~~005.9539 10,~~279~~272,~~005~~997.3996 09/01/2001 265330629 N/A 09/01/2009 N 9,~~827~~822,~~998~~400.8870 9,~~822~~816,~~400~~763.7072 0809/01/2004 265330680 N/A 11/01/2009 N 9,~~632~~625,~~034~~335.3426 9,~~625~~618,~~335~~588.2659 0809/01/2004 265330651 N/A 09/01/2004 N 9,~~613,778.30 9,~~606,911.97 080.00 09/01/2004 465000032 N/A 06/01/2011 N 9,~~430~~422,~~406~~181.2399 9,~~422~~413,~~181~~904.9914 0809/01/2004 465000033 N/A 06/01/2007 N 8,~~592~~584,~~076~~391.8268 8,~~584~~576,~~391~~657.6811 0809/01/2004 355330617 N/A 08/01/2009 N 8,~~470~~462,~~300~~468.7697 8,~~462~~454,~~468~~588.9756 0809/01/2004 265330598 N/A 09/01/2011 N 8,~~287~~281,~~779~~464.2341 8,~~281~~275,~~464~~106.4115 0809/01/2004 265330649 N/A 09/01/2004 N 7,~~926,559.88 7,~~920,898.58 080.00 09/01/2004 265330639 N/A 10/01/2009 N 7,~~870~~864,~~222~~710.3415 7,~~864~~859,~~710~~158.1580 0809/01/2004 265330648 N/A 09/01/2004 N 7,~~594,884.80 7,~~589,460.40 080.00 09/01/2004 265330646 N/A 09/01/2004 N 7,~~537,201.82 7,~~531,818.61 080.00 09/01/2004 265330642 N/A 12/01/2004 N 6,~~882,214.50 6,~~871,171.95 080.00 09/01/2004 265330597 N/A 09/01/2007 N 6,~~789~~783,~~074~~873.9654 6,~~783~~778,~~873~~636.5442 0809/01/2004 265330551 N/A 08/01/2009 N 6,~~756~~751,~~669~~499.6183 6,~~751~~746,~~499~~294.8343 0809/01/2004 265330630 N/A 10/01/2009 N 6,~~767~~762,~~082~~342.3680 6,~~762~~757,~~342~~569.8057 0809/01/2004 510000100 N/A 11/01/2019 N 6,~~244~~229,~~736~~149.6640 6,~~229~~213,~~149~~448.4005 0809/01/2004 465000046 N/A 09/01/2009 N 6,~~702~~697,~~582~~219.5083 6,~~697~~691,~~219~~821.8309 0809/01/2004 465000047 N/A 06/01/2011 N 6,~~621~~616,~~802~~056.1166 6,~~616~~610,~~056~~273.66 0809/01/2004 825999674 N/A 06/01/2016 N 5,656,418.73 5,656,418.73 0809/01/2004 265330626 N/A 09/01/2009 N 6,~~236~~232,~~860~~147.3646 6,~~232~~227,~~147~~402.4601 0809/01/2004 265330599 N/A 09/01/2007 N 6,~~093~~089,~~767~~098.2148 6,~~089~~084,~~098~~397.4871 0809/01/2004 825999668 N/A 06/01/2016 N 5,057,414.35 5,057,414.35 0809/01/2004 265330575 N/A 09/01/2009 N 5,~~640~~636,~~849~~563.8871 5,~~636~~632,~~563~~248.7101 0809/01/2004 265330574 N/A 09/01/2009 N 5,~~396~~392,~~221~~120.2091 5,~~392~~387,~~120~~992.9137 0809/01/2004 265330675 N/A 11/01/2009 N 5,~~314~~311,~~928~~402.2345 5,~~311~~307,~~402~~851.4514 0809/01/2004 265330547 N/A 10/01/2009 N 5,~~120~~113,~~527~~255.1222 5,~~113~~105,~~255~~934.2201 0809/01/2004 265330632 N/A 10/01/2009 N 5,~~271~~267,~~200~~509.9003 5,~~267~~263,~~509~~790.0393 0809/01/2004 510000107 N/A 12/01/2009 N 5,~~085~~081,~~830~~644.6070 5,~~081~~077,~~644~~429.7006 0809/01/2004 265330685 N/A 11/01/2009 N 4,~~925~~922,~~924~~373.6516 4,~~922~~918,~~373~~796.1682 0708/01/2004 265330595 N/A 09/01/2007 N 4,~~875~~872,~~781~~045.4084 4,~~872~~868,~~045~~284.8464 0809/01/2004 265330571 N/A 09/01/2009 N 4,~~772~~768,~~267~~127.5672 4,~~768~~763,~~127~~961.7215 0809/01/2004 265330668 N/A 10/01/2009 N 4,~~622~~619,~~636~~446.7611 4,~~619~~616,~~446~~232.1166 0809/01/2004 510000108 N/A 11/01/2009 N 4,~~557~~553,~~432~~646.1170 4,~~553~~549,~~646~~834.7040 0809/01/2004 265330596 N/A 09/01/2007 N 4,~~544~~541,~~910~~428.6557 4,~~541~~537,~~428~~922.5760 0809/01/2004 265300075 N/A 08/01/2009 N 4,~~471~~468,~~444~~311.8351 4,~~468~~465,~~311~~155.5177 08/01/2004 265330641 N/A 11/01/2009 N 4,~~335~~332,~~600~~611.9886 4,~~332~~329,~~611~~601.8643 0809/01/2004 265330662 N/A 10/01/2009 N 4,~~097~~092,~~022~~123.9994 4,~~092~~087,~~123~~188.9402 0709/01/2004 365000067 N/A 08/01/2009 N 3,~~953~~950,~~793~~237.0647 3,~~950~~946,~~237~~657.4739 0809/01/2004 265330637 N/A 10/01/2009 N 3,~~852~~849,~~327~~629.5746 3,~~849~~846,~~629~~912.4618 0809/01/2004 265330667 N/A 10/01/2009 N 3,~~831~~828,~~277~~554.3888 3,~~828~~825,~~554~~813.8815 0809/01/2004 265330655 N/A 10/01/2009 N 3,~~769~~766,~~446~~783.6955 3,~~766~~764,~~783~~101.5556 0809/01/2004 825999677 N/A 06/01/2016 N 3,267,984.34 3,267,984.34 0809/01/2004 265330693 N/A 11/01/2009 N 3,~~753~~751,~~759~~518.0156 3,~~751~~749,~~518~~261.5623 0809/01/2004 510000098 N/A 11/01/2009 N 3,~~601~~598,~~029~~272.5362 3,~~598~~595,~~272~~495.6223 0809/01/2004 265330607 N/A 09/01/2014 N 2,~~814~~800,~~439~~430.8225 2,~~800~~786,~~430~~322.2566 0809/01/2004 265330627 N/A 09/01/2009 N 3,~~271~~269,~~788~~518.6159 3,~~269~~267,~~518~~232.5930 0809/01/2004 265330603 N/A 09/01/2009 N 3,~~177~~175,~~200~~031.2017 3,~~175~~172,~~031~~846.1750 0809/01/2004 265330619 N/A 09/01/2009 N 3,~~080~~078,~~488~~375.1479 3,~~078~~076,~~375~~248.7924 0809/01/2004 825999707 N/A 06/01/2016 N 2,668,980.34 2,668,980.34 0809/01/2004 255999956 N/A 11/01/2008 N 3,~~149~~147,~~198~~251.7587 3,~~147~~145,~~251~~292.8784 0809/01/2004 510000097 N/A 11/01/2009 N 3,~~039~~036,~~256~~992.1299 3,~~036~~034,~~992~~712.9981 0609/01/2004 265330633 N/A 10/01/2009 N 3,~~032~~030,~~191~~068.7808 3,~~030~~027,~~068~~929.0829 0809/01/2004 265330611 N/A 09/01/2009 N 2,~~917~~914,~~083~~248.4131 2,~~914~~911,~~248~~393.3104 0809/01/2004 510000099 N/A 11/01/2009 N 2,~~878~~875,~~047~~782.7297 2,~~875~~873,~~782~~501.9764 0809/01/2004 265330612 N/A 09/01/2009 N 2,~~885~~883,~~780~~755.8719 2,~~883~~881,~~755~~715.1906 0809/01/2004 825999685 N/A 06/01/2016 N 2,433,927.98 2,433,927.98 0809/01/2004 510000109 N/A 12/01/2009 N 2,~~774,002.51 2,~~771,810.32 ~~08/01/2004 265330576 N/A 10/01/2004 N~~ 2,~~778~~769,~~505~~602.1620 ~~0.00 08~~09/01/2004 265330689 N/A 11/01/2009 N 2,~~678~~675,~~555~~416.8921 2,~~675~~672,~~416~~252.2174 0809/01/2004 265330623 N/A 10/01/2009 N 2,~~728~~726,~~565~~816.1754 2,~~726~~725,~~816~~055.5487 0809/01/2004 510000052 N/A 06/01/2008 N 2,~~574~~572,~~815~~079.1508 2,~~572~~569,~~079~~323.0845 0809/01/2004 265330625 N/A 11/01/2009 N 2,~~507~~505,~~165~~484.4778 2,~~505~~503,~~484~~791.7897 0809/01/2004 265330587 N/A 11/01/2009 N 2,~~498~~496,~~516~~651.9508 2,~~496~~494,~~651~~772.0835 0809/01/2004 825999684 N/A 06/01/2016 N 2,138,217.13 2,138,217.13 0809/01/2004 125129417 N/A 08/01/2014 N 2,~~423~~420,~~327~~949.7189 2,~~420~~418,~~949~~555.8947 0809/01/2004 265330555 N/A 09/01/2009 N 2,~~402~~400,~~696~~964.7769 2,~~400~~399,~~964~~220.6939 0709/01/2004 265330577 N/A 09/01/2009 N 2,~~392~~390,~~322~~377.4254 2,~~390~~388,~~377~~419.5468 0809/01/2004 265330606 N/A 09/01/2009 N 2,~~362~~361,~~781~~108.2320 2,~~361~~359,~~108~~423.2029 0809/01/2004 265330665 N/A 11/01/2009 N 2,~~278~~276,~~572~~007.9425 2,~~276~~273,~~007~~421.2568 0809/01/2004 265330562 N/A 09/01/2009 N 2,~~284~~282,~~068~~392.7067 2,~~282~~280,~~392~~704.6791 0809/01/2004 265330591 N/A 11/01/2009 N 2,~~170~~168,~~961~~416.0031 2,~~168~~165,~~416~~852.3134 0809/01/2004 265330593 N/A 11/01/2009 N 2,~~126~~124,~~616~~124.7705 2,~~124~~121,~~124~~612.0544 0809/01/2004 265330582 N/A 09/01/2009 N 2,~~171~~169,~~259~~885.2510 2,~~169~~168,~~885~~500.1075 0809/01/2004 265330543 N/A 09/01/2009 N 2,~~148~~147,~~905~~055.0981 2,~~147~~145,~~055~~193.8100 0809/01/2004 265330509 N/A 09/01/2009 N 2,~~144~~142,~~784~~867.8106 2,~~142~~140,~~867~~937.0612 0809/01/2004 265330529 N/A 08/01/2009 N 2,~~075~~074,~~849~~369.8365 2,~~074~~072,~~369~~878.6596 0809/01/2004 265330658 N/A 10/01/2009 N 2,~~023~~022,~~805~~439.8360 2,~~022~~021,~~439~~063.6052 0809/01/2004 255999618 N/A 05/01/2016 N 1,~~996~~994,~~391~~828.7398 1,~~994~~993,~~828~~254.9896 0809/01/2004 265330688 N/A 11/01/2009 N 1,~~897~~895,~~349~~125.7677 1,~~895~~892,~~125~~884.7793 0809/01/2004 265330691 N/A 11/01/2009 N 1,~~927~~926,~~632~~319.9045 1,~~926~~924,~~319~~996.4559 0809/01/2004 265330660 N/A 11/01/2009 N 1,~~924~~922,~~189~~802.6233 1,~~922~~921,~~802~~405.33 0809/01/2004 510000095 N/A 10/01/2009 N 1,~~915~~913,~~261~~698.7873 1,~~913~~912,~~698~~124.7340 0809/01/2004 265330605 N/A 09/01/2009 N 1,~~846~~845,~~373~~066.4709 1,~~845~~843,~~066~~749.0943 0809/01/2004 510000101 N/A 11/01/2009 N 1,~~831~~829,~~214~~962.8868 1,~~829~~828,~~962~~700.6864 0809/01/2004 265330681 N/A 10/01/2009 N 1,~~781~~778,~~130~~822.9826 1,~~778~~776,~~822~~497.2600 0809/01/2004 510000088 N/A 09/01/2009 N 1,~~805~~803,~~155~~668.3441 1,~~803~~802,~~668~~170.4176 0809/01/2004 265330687 N/A 11/01/2009 N 1,~~810~~808,~~064~~896.9549 1,~~808~~807,~~896~~719.4948 0809/01/2004 265330592 N/A 11/01/2009 N 1,~~746~~744,~~392~~345.0602 1,~~744~~742,~~345~~282.0247 0809/01/2004 265330585 N/A 09/01/2009 N 1,~~729~~728,~~650~~397.6047 1,~~728~~727,~~397~~135.4753 0809/01/2004 265330679 N/A 11/01/2009 N 1,~~648~~646,~~456~~466.1303 1,~~646~~644,~~466~~461.0311 0809/01/2004 265330566 N/A 09/01/2009 N 1,~~679~~678,~~758~~657.4716 1,~~678~~677,~~657~~547.1678 0809/01/2004 265330686 N/A 11/01/2009 N 1,~~672~~670,~~017~~938.5117 1,~~670~~669,~~938~~850.1793 0709/01/2004 265330661 N/A 11/01/2009 N 1,~~671~~669,~~052~~973.2553 1,~~669~~668,~~973~~886.5392 0809/01/2004 365000123 N/A 12/01/2008 N 1,~~547~~543,~~135~~554.1947 1,~~543~~539,~~554~~949.4709 0809/01/2004 465000124 N/A 11/01/2009 N 1,~~647~~645,~~015~~911.2416 1,~~645~~644,~~911~~799.1612 0809/01/2004 265330528 N/A 09/01/2009 N 1,~~585~~584,~~390~~036.7944 1,~~584~~582,~~036~~673.4428 0809/01/2004 265330695 N/A 01/01/2010 N 1,~~416~~414,~~321~~593.7896 1,~~414~~412,~~593~~853.9649 04/01/2003 265330659 N/A 10/01/2009 N 1,~~543~~542,~~705~~701.3277 1,~~542~~541,~~701~~690.7787 0809/01/2004 465000128 N/A 11/01/2009 N 1,~~523~~522,~~585~~563.3197 1,~~522~~521,~~563~~535.9727 0809/01/2004 265330601 N/A 09/01/2009 N 1,~~423~~422,~~963~~990.0996 1,422,~~990~~011.9682 0809/01/2004 265999973 N/A 11/01/2009 N 1,~~424~~423,~~043~~126.3791 1,~~423~~422,~~126~~203.9173 0809/01/2004 265330578 N/A 08/01/2009 N 1,~~382~~381,~~332~~519.5006 1,~~381~~380,~~519~~699.0641 0809/01/2004 510000103 N/A 12/01/2009 N 1,~~346~~345,~~973~~980.4822 1,~~345~~344,~~980~~979.2248 08/01/2004 265330579 N/A 10/01/2009 N 1,~~331~~329,~~227~~925.9652 1,~~329~~328,~~925~~613.5227 0809/01/2004 265330572 N/A 09/01/2009 N 1,~~334~~333,~~326~~168.0454 1,~~333~~332,~~168~~003.5457 0809/01/2004 265330663 N/A 10/01/2009 N 1,~~301~~300,~~017~~139.7849 1,~~300~~299,~~139~~254.4986 0809/01/2004 265330573 N/A 08/01/2009 N 1,~~269~~268,~~232~~485.2536 1,~~268~~267,~~485~~732.3676 0809/01/2004 265330511 N/A 09/01/2009 N 1,~~200~~199,~~831~~418.8218 1,~~199~~197,~~418~~993.1874 08/01/2004 265330523 N/A 09/01/2009 N 1,205,~~872~~101.7223 1,~~205~~204,~~101~~324.2304 0809/01/2004 265330618 N/A 09/01/2009 N 1,~~171~~170,~~144~~374.2912 1,~~170~~169,~~374~~598.1231 0809/01/2004 465000140 N/A 10/01/2009 N 1,~~156~~155,~~407~~625.5674 1,~~155~~154,~~625~~838.7428 0809/01/2004 265330677 N/A 11/01/2009 N 1,149,~~854~~114.88 1,~~149~~148,~~114~~369.8846 0809/01/2004 265999972 N/A 12/01/2004 N 1,137,~~783~~112.8399 1,~~137~~136,~~112~~437.9909 0809/01/2004 265330620 N/A 09/01/2009 N 1,~~073~~072,~~536~~909.9868 1,072,~~909~~277.6858 0809/01/2004 265330640 N/A 09/01/2009 N 1,~~060~~059,~~002~~298.4098 1,~~059~~058,~~298~~590.9842 0809/01/2004 465000145 N/A 09/01/2009 N 1,~~001,666.40 1,~~000,457.85 08999,240.19 09/01/2004 265330602 N/A 09/01/2009 N ~~945,304.83~~ 944,635.48 08943,961.38 09/01/2004 265330545 N/A 08/01/2009 N ~~853,722.34~~ 852,698.06 08851,666.00 09/01/2004 265330646 N/A 10/01/2009 N ~~867,146.03~~ 866,556.28 08865,962.29 09/01/2004 265330644 N/A 09/01/2009 N ~~867~~866,~~514~~943.4494 866,~~943~~369.9427 0709/01/2004 265330664 N/A 10/01/2009 N 852,~~897~~342.0154 ~~852~~851,~~342~~784.5401 0809/01/2004 265330609 N/A 09/01/2009 N ~~812,798.24~~ 811,841.40 08810,877.25 09/01/2004 265330580 N/A 11/01/2009 N ~~793~~792,~~190~~735.4496 792,~~735~~278.9600 0809/01/2004 265330557 N/A 08/01/2009 N ~~722,366.26~~ 721,466.09 08720,559.24 09/01/2004 265330674 N/A 10/01/2009 N ~~613,094.95~~ 612,381.19 08611,661.98 09/01/2004 265330654 N/A 12/01/2009 N ~~591~~590,~~354~~977.9862 590,~~977~~597.6250 0809/01/2004 265330581 N/A 09/01/2009 N 554,~~877~~526.4326 554,~~526~~172.2648 08/01/2004 Totals ~~806,555,835.24~~ 803,144,778.49 736,919,271.32

Loan Appraisal Appraisal Res. Mod. Number Reduction Reduction Strat. Code Date Amount (2) (3) 510000102 05/11/2004 1,930,238.53 2 365000028 05/11/2004 5,973,678.46 7 465000046 1 265330662 13 265330689 13 265330591 13 265330593 13 265330592 13 265330686 11 265330695 05/11/2004 1,203,881.05 10 Totals 9,107,798.04 (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 Loan Number Offering Principal Prepayment Amount Prepayment Penalties Document Payoff Curtailment Prepayment Yield Maintenance Cross-Reference Amount Amount Premium Premium ~~265330576~~265330643 8717 211,~~776~~304,~~485~~535.0455 0.00 0.00 0.00 265330642 41 6,860,051.10 0.00 0.00 0.00 Totals 218,~~776~~164,~~485~~586.0465 0.00 0.00 0.00

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Date # Balance # Balance # Balance 09/17/2004 0 $0.00 0 $0.00 1 $1,412,853.49 08/17/2004 1 $3,036,992.99 0 $0.00 1 $1,414,593.96 07/16/2004 0 $0.00 0 $0.00 1 $1,416,321.78 06/17/2004 0 $0.00 0 $0.00 1 $1,418,369.51 05/17/2004 0 $0.00 0 $0.00 1 $1,420,069.90 04/16/2004 1 $0.00 0 $0.00 3 $21,259,474.10 03/17/2004 1 $11,140,508.41 0 $0.00 3 $21,276,626.16 02/18/2004 1 $11,153,887.99 0 $0.00 3 $21,303,254.85 01/16/2004 1 $11,161,863.76 0 $0.00 3 $21,320,100.85 12/17/2003 1 $10,216,694.25 2 $19,019,204.76 2 $13,487,405.05 11/18/2003 1 $11,180,298.20 1 $7,857,058.98 2 $13,501,192.06 10/20/2003 1 $7,862,960.86 0 $0.00 2 $13,511,751.73 ~~09/17/2003 1 $1,684,671.81 0 $0.00 2 $13,525,369.38~~

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 09/17/2004 1 $11,962,116.27 1 $10,272,997.96 0 $0.00 08/17/2004 1 $11,971,842.57 1 $10,279,005.39 0 $0.00 07/16/2004 1 $11,981,499.11 1 $10,284,970.95 0 $0.00 06/17/2004 1 $11,993,861.57 1 $10,293,208.97 0 $0.00 05/17/2004 1 $12,003,360.17 1 $10,299,075.55 0 $0.00 04/16/2004 0 $0.00 1 $10,307,218.42 0 $0.00 03/17/2004 0 $0.00 1 $10,312,987.36 0 $0.00 02/18/2004 0 $0.00 1 $10,323,357.71 0 $0.00 01/16/2004 0 $0.00 1 $10,329,014.17 0 $0.00 12/17/2003 0 $0.00 1 $10,334,631.21 0 $0.00 11/18/2003 0 $0.00 1 $10,342,534.23 0 $0.00 10/20/2003 0 $0.00 1 $10,348,057.05 0 $0.00 ~~09/17/2003 0 $0.00 1 $10,355,869.50 0 $0.00~~

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 09/17/2004 0 $0.00 2 $18,164,586.65 7.980515% 7.906465% 64 08/17/2004 0 $0.00 1 $2,776,485.04 7.995547% 7.909178% 60 07/16/2004 0 $0.00 1 $12,313,184.19 7.996024% 7.913736% 61 06/17/2004 0 $0.00 0 $0.00 7.998862% 7.916866% 61 05/17/2004 0 $0.00 1 $7,813,949.12 7.998492% 7.916424% 62 04/16/2004 0 $0.00 2 $20,039,121.93 7.996312% 7.912159% 63 03/17/2004 0 $0.00 0 $0.00 8.006123% 7.916497% 64 02/18/2004 0 $0.00 0 $0.00 8.006213% 7.916579% 65 01/16/2004 0 $0.00 0 $0.00 8.006256% 7.931396% 66 12/17/2003 0 $0.00 0 $0.00 8.006298% 7.933417% 67 11/18/2003 0 $0.00 0 $0.00 8.005836% 7.932873% 68 10/20/2003 0 $0.00 0 $0.00 8.005878% 7.932920% 69 ~~09/17/2003 0 $0.00 0 $0.00 8.005945% 7.932989% 70~~ 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 510000102 16 67 01/01/2004 8179,~~774~~108.8785 ~~565~~644,~~636~~745.9480 7 365000028 28 3435 09/01/2001 3534,~~793~~552.9159 1,~~625~~660,~~593~~146.9957 9 265330685 58 0 0708/01/2004 37,810.6276 37,810.6276 B ~~265330662~~265300075 6664 0 0708/01/2004 3534,~~563~~944.0005 3534,~~563~~944.0005 B ~~510000097~~265330695 80126 116 0604/01/~~2004~~2003 253,~~036~~199.4475 50161,~~072~~318.7629 13 ~~265330555~~510000103 95132 0 0708/01/2004 1811,~~571~~086.8125 1811,~~571~~086.8125 B ~~265330686~~265330511 ~~121~~137 0 0708/01/2004 1310,~~247~~540.9285 1310,~~247~~540.9285 B ~~265330695~~265330581 ~~126~~156 ~~15 04/01/2003 3,223.76 158,118.54 3 265330644 149~~ 0 0708/01/2004 64,~~884~~449.0819 64,~~884~~449.0819 B Totals 98 ~~257~~215,~~906~~692.4129 2,~~511~~565,~~499~~041.6676

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 510000102 2 12/06/2002 12,048,930.55 ~~421~~464,~~934~~747.1078 02/18/2003 365000028 7 11/26/2001 05/03/2002 10,500,000.00 357,578.04 10/29/2002 265330685 4,~~925~~922,~~924~~373.6516 0.00 ~~265330662~~265300075 ~~13 07/23/2004~~ 4,~~097~~468,~~022~~311.9951 0.00 ~~510000097~~265330695 ~~3,042,236.23~~10 ~~0.00~~04/24/2003 ~~265330555 2~~1,~~402~~443,~~696~~323.7756 044,232.0073 ~~265330686~~510000103 ~~11 03/13/2003~~ 1,~~672~~345,~~017~~980.5122 ~~50,819~~0.3100 ~~02/10/2003~~265330511 ~~265330695 10 04/24/2003~~ 1,~~443~~199,~~323~~418.5618 ~~44,232~~0.7300 ~~265330644~~265330581 ~~867~~554,~~514~~526.4426 0.00 Totals 4036,~~999~~482,~~666~~863.7044 ~~874~~866,~~564~~558.1855

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = ~~1 (1 loan) 25,036.44 50,072.76~~ 3~~,042,236.23~~ ~~0.00 Total for Status Code = 3~~ (1 loan) 3,~~223~~199.7675 ~~158~~161,~~118~~318.5429 1,443,323.56 44,232.73 Total for Status Code = 7 (1 loan) 8179,~~774~~108.8785 ~~565~~644,~~636~~745.9480 12,048,930.55 ~~421~~464,~~934~~747.1078 Total for Status Code = 9 (1 loan) 3534,~~793~~552.9159 1,~~625~~660,~~593~~146.9957 10,500,000.00 357,578.04 Total for Status Code = B (5 loans) ~~112~~98,~~077~~831.4310 ~~112~~98,~~077~~831.4310 1312,~~965~~490,~~176~~609.3633 ~~50,819~~0.3100 (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 510000102 16 12/06/2002 2 11,~~971~~962,~~842~~116.5727 RT WA 8.390% 12,048,930.55 365000028 28 11/26/2001 7 10,~~279~~272,~~005~~997.3996 HC CO 8.150% 10,500,000.00 465000046 46 12/19/2003 1 6,~~697~~691,~~219~~821.8309 RT TX 7.810% 6,~~697~~691,~~219~~821.8309 265330662 66 07/23/2004 13 4,~~092~~087,~~123~~188.9402 LO CA 8.740% 4,~~097~~087,~~022~~188.9902 265330689 88 07/23/2004 13 2,672,252.74 LO MS 8.800% 2,672,252.74 265330591 100 07/23/2004 13 2,165,852.34 LO LA 8.800% 2,165,852.34 265330593 101 07/23/2004 13 2,121,612.44 LO MS 8.800% 2,121,612.44 265330592 117 07/23/2004 13 1,742,282.47 LO MS 8.800% 1,742,282.47 265330686 121 03/13/2003 11 1,~~670~~669,~~938~~850.1793 MF CA 8.500% 1,~~672~~669,~~017~~850.5193 265330695 126 04/24/2003 10 1,~~414~~412,~~593~~853.9649 OF OR 8.500% 1,443,323.56

Net Remaining Loan Operating DSCR Note Maturity Amortization Number Income Date DSCR Date Date Term 510000102 640,964.70 06/30/2002 1.11 12/01/1999 11/01/2009 301 365000028 1,022,595.92 12/31/2000 1.16 11/01/1999 10/01/2009 300 465000046 785,396.98 12/31/2003 1.30 10/01/1999 09/01/2009 299 265330662 86,750.40 03/31/2004 0.81 11/01/1999 10/01/2009 240 265330689 278,866.43 12/31/2003 0.99 12/01/1999 11/01/2009 241 265330591 272,844.54 12/31/2003 1.20 12/01/1999 11/01/2009 241 265330593 132,251.74 03/31/2004 1.18 12/01/1999 11/01/2009 241 265330592 223,978.33 12/31/2003 1.22 12/01/1999 11/01/2009 241 265330686 246,396.17 12/31/2002 1.54 12/01/1999 11/01/2009 301 265330695 40,968.82 09/30/2002 0.38 02/01/2000 01/01/2010 242 (1) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD (2) Property Type Code MF - Multi-Family RT - Retail HC - Health Care IN - Industrial WH - Warehouse MH - Mobile Home Park OF - Office MU - Mixed Use LO - Lodging SS - Self Storage OT - Other IW - Industrial/Warehouse

Specially Serviced Loan Detail - Part 2 Offering Document Resolution Site Other REO Loan Cross Strategy Inspection Phase 1 Appraisal Appraisal Property Number Reference Code (1) Date Date Date Value Revenue 510000102 16 2 05/04/2004 12,100,000.00 365000028 28 7 06/11/2004 7,130,000.00 465000046 46 1 06/14/1999 9,100,000.00 265330662 66 13 07/22/1999 7,200,000.00 265330689 88 13 08/26/1999 4,170,000.00 265330591 100 13 08/25/1999 3,440,000.00 265330593 101 13 08/25/1999 3,220,000.00 265330592 117 13 08/26/1999 3,000,000.00 265330686 121 11 05/21/2003 3,200,000.00 265330695 126 10 08/26/2003 475,000.00

Loan Number Comments from Special Servicer 510000102 On 9/19/2003 the judge granted our motion for relief from stay. Receiver has been appointed. Non-judicial foreclosure proceeding. Foreclosure sale was held 8/6/04 and the property is now REO. The property is 86% occupied and is well maintained. Projected NOI at $1.1MM. Tenant grocer will move into REI space when REI vacates, moving property to stabilization. Negotiating with prospective theater operators continue. 365000028 Site inspection by Allied asset manager occurred on 8/11/04 and the property was in fair to good condition with further work required on exterior. With exception of the annunciator panel, the initial capital expenditure progam has been completed with positive results and further cap improvements are being considered. There has been a slight increase in occupancy since June 04; now at 68%. Marketing director with Grace Management showed in-depth knowledge of market and marketing efforts are strong. Grace Management supplied update of repositioning plan that is currently being reviewed. Market perception is improved, but issue of stabilized ownership continues to be an impedement to increasing occupancy. 465000046 Transferred to special servicing on 12/19/03. Tenant bankruptcy has caused DSCR to fall below 1.0. Borrower requested relief, may be able to use funds from judgment against prior tenant to keep loan current. Shadow anchor Target may want to purchase portion of the property. Unable to allow such a purchase due to REMIC requirements. Tenant improvement funds refunded, 9/1 payment made, will transfer back to master. 265330662 Transferred to special servicing on 7/23/04. Borrower claims to need interest rate reduction. Principal is same for Hampton Inn Livermore, Hampton Inn Monroe, Comfort Inn Pearl, Comfort Inn Southaven, Comfort Inn McComb. Preliminary analysis of financial statements, STAR report and franchise information shows property in good condition, in good standing with franchise, DSCR over 1.0, no need to grant relief. 265330689 Transferred to special servicing on 7/23/04. Borrower claims to need interest rate reduction. Principal is same for Hampton Inn Livermore, Hampton Inn Monroe, Comfort Inn Pearl, Comfort Inn Southaven, Comfort Inn McComb. Preliminary analysis of financial statements, STAR report and franchise information shows property in good condition, in good standing with franchise, DSCR over 1.0, no need to grant relief. 265330591 Transferred to special servicing on 7/23/04. Borrower claims to need interest rate reduction. Principal is same for Hampton Inn Livermore, Hampton Inn Monroe, Comfort Inn Pearl, Comfort Inn Southaven, Comfort Inn McComb. Preliminary analysis of financial statements, STAR report and franchise information shows property in good condition, in good standing with franchise, DSCR over 1.0, no need to grant relief. 265330593 Transferred to special servicing on 7/23/04. Borrower claims to need interest rate reduction. Principal is same for Hampton Inn Livermore, Hampton Inn Monroe, Comfort Inn Pearl, Comfort Inn Southaven, Comfort Inn McComb. Preliminary analysis of financial statements, STAR report and franchise information shows property in good condition, in good standing with franchise, DSCR over 1.0, no need to grant relief. 265330592 Transferred to special servicing on 7/23/04. Borrower claims to need interest rate reduction due to poor business climate and poor operations. Principal is same for Hampton Inn Livermore, Hampton Inn Monroe, Comfort Inn Pearl, Comfort Inn Southaven, Comfort Inn McComb. Preliminary analysis of financial statements, STAR report and franchise information shows property in good condition, in good standing with franchise, DSCR over 1. 0, no need to grant relief. 265330686 Asset was transferred to SS on 3/14/03 because the borrower encumbered the property with a second trust deed and the guarantor filed a Ch 11 petition on 2/10/03. The case was subsequently converted to Chapter 7. The loan is current. Trustee is marketing the property for sale and states that the property is generating interest around the $4MM level from prospective purchasers. Counsel for SS has requested a status update from the Trustee as to the current status of any offers on the property. The loan appears to be fully secured by the value of the collateral as demonstrated by the 5/21/03 appraised value of $3.2 MM. Trustee sale delayed by sponsor claim that property is owned by a third party. Borrower now claiming to have new lender who will provide financing to pay in full, potential payoff by end of September. 265330695 Asset transferred to SS on April 24 2003 as vacant office building. Borrower supported building for one year after Oregon Dept of Justice moved out; site now empty. Bwr reported property condemned; potential condemnation was not approved by the City. Counsel advises that a condemnation blight suit possible but outcome very uncertain. Site visit shows 3-story poured concrete building with 10-12 parking spaces in heart of Salem surrounded by vacancies. Oregon economy very weak. Current appraisal $475,000 as is. Deed-in-lieu of foreclosure taken 7/19/04 and the property is now REO. Bwr has maintained ground lease payments current and Allied will continue payments as REO. One outstanding offer to purchase has been denied and Allied is considering options to marketing the property for lease to achieve stabilization. (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

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