8-K 1 msc04t13_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 13, 2004 (Date of earliest event reported) Commission File No.: 333-104283-04 Morgan Stanley Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2004-TOP13 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-6601014 54-2144724 54-2144725 54-2144726 (I.R.S. Employer Identification No.) 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 13, 2004, a distribution was made to holders of Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2004-TOP13. 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 2004-TOP13, relating to the September 13, 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. Morgan Stanley Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2004-TOP13 (Registrant) By: Wells Fargo Bank, N.A. as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: September 13, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2004-TOP13, relating to the September 13, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Morgan Stanley Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2004-TOP13 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 13, 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 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 - 21 Specially Serviced Loan Detail 22 - 23 Modified Loan Detail 24 Liquidated Loan Detail 25 Depositor Morgan Stanley Capital I Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number: (212) 761-4700 Master Servicer Wells Fargo Bank, N.A. 45 Fremont Street, 2nd Floor investorreporting@wellsfargo.com San Francisco, CA 94105 Contact: Matilde Sanchez Phone Number: (415) 222-2364 Special Servicer ARCap Servicing, Inc. 5605 N. MacArthur Blvd. Irving, TX 75038 Contact: Chris Crouch Phone Number: (972) 580-1688 Ext 333 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 61745MUY7 2.850000% 115,000,000.00 ~~108~~107,~~697~~510,~~187~~903.3895 1,~~186~~192,~~283~~087.4302 ~~258~~255,~~155~~338.8240 A-2 61745MUZ4 3.940000% 233,000,000.00 233,000,000.00 0.00 765,016.67 A-3 61745MVA8 4.390000% 127,000,000.00 127,000,000.00 0.00 464,608.33 A-4 61745MVB6 4.660000% 589,157,000.00 589,157,000.00 0.00 2,287,893.02 B 61745MVC4 4.760000% 31,789,000.00 31,789,000.00 0.00 126,096.37 C 61745MVD2 4.790000% 12,110,000.00 12,110,000.00 0.00 48,339.08 D 61745MVE0 4.950000% 24,220,000.00 24,220,000.00 0.00 99,907.50 E 61745MVG5 5.~~221512~~221358% 12,109,000.00 12,109,000.00 0.00 52,~~689~~687.4085 F 61745MVK6 5.~~571512~~571358% 9,083,000.00 9,083,000.00 0.00 42,~~171~~170.7053 G 61745MVL4 5.~~661512~~661358% 10,596,000.00 10,596,000.00 0.00 49,~~991~~989.1579 H 61745MVM2 5.~~661512~~661358% 9,082,000.00 9,082,000.00 0.00 42,~~848~~847.2104 J 61745MVN0 5.030000% 9,083,000.00 9,083,000.00 0.00 38,072.91 K 61745MVP5 5.030000% 3,027,000.00 3,027,000.00 0.00 12,688.18 L 61745MVQ3 5.030000% 3,028,000.00 3,028,000.00 0.00 12,692.37 M 61745MVR1 5.030000% 3,027,000.00 3,027,000.00 0.00 12,688.18 N 61745MVS9 5.030000% 4,542,000.00 4,542,000.00 0.00 19,038.55 O 61745MVT7 5.030000% 3,027,000.00 3,027,000.00 0.00 12,688.18 P 61745MVU4 5.030000% 12,110,408.00 12,110,408.00 0.00 50,762.79 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 1,210,990,408.00 1,~~204~~203,~~687~~501,~~595~~311.3895 1,~~186~~192,~~283~~087.4302 4,~~396~~393,~~348~~525.4174

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 61745MUY7 0.00 0.00 1,~~444~~447,~~439~~425.2542 ~~107~~106,~~510~~318,~~903~~816.9593 12.2021% A-2 61745MUZ4 0.00 0.00 765,016.67 233,000,000.00 12.2021% A-3 61745MVA8 0.00 0.00 464,608.33 127,000,000.00 12.2021% A-4 61745MVB6 0.00 0.00 2,287,893.02 589,157,000.00 12.2021% B 61745MVC4 0.00 0.00 126,096.37 31,789,000.00 9.5657% C 61745MVD2 0.00 0.00 48,339.08 12,110,000.00 8.5556% D 61745MVE0 0.00 0.00 99,907.50 24,220,000.00 6.5455% E 61745MVG5 0.00 0.00 52,~~689~~687.4085 12,109,000.00 5.5354% F 61745MVK6 0.00 0.00 42,~~171~~170.7053 9,083,000.00 4.78% G 61745MVL4 0.00 0.00 49,~~991~~989.1579 10,596,000.00 3.90% H 61745MVM2 0.00 0.00 42,~~848~~847.2104 9,082,000.00 3.1415% J 61745MVN0 0.00 0.00 38,072.91 9,083,000.00 2.39% K 61745MVP5 0.00 0.00 12,688.18 3,027,000.00 2.14% L 61745MVQ3 0.00 0.00 12,692.37 3,028,000.00 1.89% M 61745MVR1 0.00 0.00 12,688.18 3,027,000.00 1.64% N 61745MVS9 0.00 0.00 19,038.55 4,542,000.00 1.26% O 61745MVT7 0.00 0.00 12,688.18 3,027,000.00 1.01% P 61745MVU4 0.00 0.00 50,762.79 12,110,408.00 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 5,~~582~~585,~~631~~612.8476 1,~~203~~202,~~501~~309,~~311~~224.9593

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X-1 61745MVH3 0.~~121654~~118992% 1,210,990,408.00 1,~~204~~203,~~687~~501,~~595~~311.3895 ~~122~~119,~~129~~338.5498 X-2 61745MVJ9 1.~~219005~~218861% 1,146,984,000.00 1,146,984,000.00 1,165,~~149~~011.4930

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X-1 61745MVH3 0.00 ~~122~~119,~~129~~338.5498 1,~~203~~202,~~501~~309,~~311~~224.9593 X-2 61745MVJ9 0.00 1,165,~~149~~011.4930 1,146,984,000.00 (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 61745MUY7 ~~945~~934.~~19293374~~87742565 10.~~31550809~~36597409 2.~~24483322~~22033391 0.00000000 0.00000000 ~~934~~924.~~87742565~~51145157 A-2 61745MUZ4 1,000.00000000 0.00000000 3.28333335 0.00000000 0.00000000 1,000.00000000 A-3 61745MVA8 1,000.00000000 0.00000000 3.65833331 0.00000000 0.00000000 1,000.00000000 A-4 61745MVB6 1,000.00000000 0.00000000 3.88333334 0.00000000 0.00000000 1,000.00000000 B 61745MVC4 1,000.00000000 0.00000000 3.96666677 0.00000000 0.00000000 1,000.00000000 C 61745MVD2 1,000.00000000 0.00000000 3.99166639 0.00000000 0.00000000 1,000.00000000 D 61745MVE0 1,000.00000000 0.00000000 4.12500000 0.00000000 0.00000000 1,000.00000000 E 61745MVG5 1,000.00000000 0.00000000 4.~~35125939~~35113139 0.00000000 0.00000000 1,000.00000000 F 61745MVK6 1,000.00000000 0.00000000 4.~~64292635~~64279753 0.00000000 0.00000000 1,000.00000000 G 61745MVL4 1,000.00000000 0.00000000 4.~~71792658~~71779823 0.00000000 0.00000000 1,000.00000000 H 61745MVM2 1,000.00000000 0.00000000 4.~~71792667~~71779784 0.00000000 0.00000000 1,000.00000000 J 61745MVN0 1,000.00000000 0.00000000 4.19166685 0.00000000 0.00000000 1,000.00000000 K 61745MVP5 1,000.00000000 0.00000000 4.19166832 0.00000000 0.00000000 1,000.00000000 L 61745MVQ3 1,000.00000000 0.00000000 4.19166777 0.00000000 0.00000000 1,000.00000000 M 61745MVR1 1,000.00000000 0.00000000 4.19166832 0.00000000 0.00000000 1,000.00000000 N 61745MVS9 1,000.00000000 0.00000000 4.19166667 0.00000000 0.00000000 1,000.00000000 O 61745MVT7 1,000.00000000 0.00000000 4.19166832 0.00000000 0.00000000 1,000.00000000 P 61745MVU4 1,000.00000000 0.00000000 4.19166637 0.00000000 0.00000000 1,000.00000000 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 X-1 61745MVH3 ~~994~~993.~~79532408~~81572637 0.~~10085096~~09854659 0.00000000 ~~993~~992.~~81572637~~83133622 X-2 61745MVJ9 1,000.00000000 1.~~01583761~~01571713 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding ~~404~~2,~~376~~856,576.2349 Servicing Advances Outstanding 0.00 Reimbursement for Interest on Advances 0.00 paid from general collections

Servicing Fee Summary Current Period Accrued Servicing Fees 46,~~136~~086.9179 Less Delinquent Servicing Fees 220,~~250~~824.0066 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 82,~~344~~250.9300 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 5227,~~231~~512.8413

Certificate Interest Reconciliation Class Accrued Net Aggregate Realized Previously Unpaid Distributable Distributable Certificate Prepayment Losses/ Interest Certificate Certificate Interest Interest Expense (including interest Interest Interest Shortfall Losses thereon) Adjustment A-1 ~~258~~255,~~155~~338.8240 0.00 0.00 0.00 ~~258~~255,~~155~~338.8240 0.00 A-2 765,016.67 0.00 0.00 0.00 765,016.67 0.00 A-3 464,608.33 0.00 0.00 0.00 464,608.33 0.00 A-4 2,287,893.02 0.00 0.00 0.00 2,287,893.02 0.00 X-1 ~~122~~119,~~129~~338.5498 0.00 0.00 0.00 ~~122~~119,~~129~~338.5498 0.00 X-2 1,165,~~149~~011.4930 0.00 0.00 0.00 1,165,~~149~~011.4930 0.00 B 126,096.37 0.00 0.00 0.00 126,096.37 0.00 C 48,339.08 0.00 0.00 0.00 48,339.08 0.00 D 99,907.50 0.00 0.00 0.00 99,907.50 0.00 E 52,~~689~~687.4085 0.00 0.00 0.00 52,~~689~~687.4085 0.00 F 42,~~171~~170.7053 0.00 0.00 0.00 42,~~171~~170.7053 0.00 G 49,~~991~~989.1579 0.00 0.00 0.00 49,~~991~~989.1579 0.00 H 42,~~848~~847.2104 0.00 0.00 0.00 42,~~848~~847.2104 0.00 J 38,072.91 0.00 0.00 0.00 38,072.91 0.00 K 12,688.18 0.00 0.00 0.00 12,688.18 0.00 L 12,692.37 0.00 0.00 0.00 12,692.37 0.00 M 12,688.18 0.00 0.00 0.00 12,688.18 0.00 N 19,038.55 0.00 0.00 0.00 19,038.55 0.00 O 12,688.18 0.00 0.00 0.00 12,688.18 0.00 P 50,762.79 0.00 0.00 0.00 50,762.79 0.00 Total 5,~~683~~677,~~627~~876.4402 0.00 0.00 0.00 5,~~683~~677,~~627~~876.4402 0.00

Class Interest Remaining Distribution Unpaid Interest A-1 ~~258~~255,~~155~~338.8240 0.00 A-2 765,016.67 0.00 A-3 464,608.33 0.00 A-4 2,287,893.02 0.00 X-1 ~~122~~119,~~129~~338.5498 0.00 X-2 1,165,~~149~~011.4930 0.00 B 126,096.37 0.00 C 48,339.08 0.00 D 99,907.50 0.00 E 52,~~689~~687.4085 0.00 F 42,~~171~~170.7053 0.00 G 49,~~991~~989.1579 0.00 H 42,~~848~~847.2104 0.00 J 38,072.91 0.00 K 12,688.18 0.00 L 12,692.37 0.00 M 12,688.18 0.00 N 19,038.55 0.00 O 12,688.18 0.00 P 50,762.79 0.00 Total 5,~~683~~677,~~627~~876.4402 0.00

Other Required Information Available Distribution Amount (1) 6,869,~~910~~963.8704 Principal Distribution Amount 1,~~186~~192,~~283~~087.4302 (a) Principal portion of Scheduled Payments 1,~~186~~192,~~283~~087.4302 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 0.00 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 175 Aggregate Unpaid Principal Balance of the Mortgage Loans 1,~~203~~202,~~501~~774,~~312~~462.1328 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,~~203~~202,~~501~~309,~~311~~224.8684 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 5227,~~231~~512.8413 Servicing Fee Paid 5227,~~231~~512.8413 Special Servicing Fee Paid 0.00 Trustee Fee Paid 1,~~012~~011.25 Paying Agent Fee Paid 1,~~053~~052.5753 Expense Losses (Additional Trust Fund Expenses) 0.00 (i) Special Servicing and Liquidation Fees 0.00 (ii) Advance Interest 0.00 (iii)Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,726,026.57 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 5,726,026.57 Principal: Scheduled Principal 1,192,087.02 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 1,192,087.02 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 6,918,113.59 Total Funds Distributed Fees: Master Servicing Fee 46,086.79 Trustee Fee 1,011.25 Certificate Administration Fee 1,052.53 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 48,150.57 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,677,876.02 Principal Distribution 1,192,087.02 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 6,869,963.04 Total Funds Distributed 6,918,113.61

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 10 9,~~254~~230,~~238~~984.1108 0.77 ~~132~~131 6.~~3225~~3230 3.~~068483~~068871 1,000,001 to 2,000,000 34 51,~~982~~915,~~088~~523.7379 4.32 ~~112~~111 6.0154 1.~~924732~~924602 2,000,001 to 3,000,000 3334 8386,~~523~~402,~~460~~247.9933 67.9419 116 5.~~9073~~9237 1.~~612079~~606328 3,000,001 to 4,000,000 2322 8177,~~059~~908,~~921~~144.5240 6.7448 ~~139~~137 5.~~8079~~7858 2.~~105959~~132100 4,000,001 to 5,000,000 15 69,~~894~~796,~~483~~569.1664 5.81 ~~107~~106 5.~~4675~~4679 2.~~387718~~388528 5,000,001 to 6,000,000 10 54,~~393~~312,~~912~~227.1118 4.52 ~~109~~108 6.~~0181~~0184 1.~~713723~~713842 6,000,001 to 7,000,000 8 52,~~881~~787,~~420~~041.8348 4.39 ~~140~~139 5.~~6792~~6793 1.~~325069~~325107 7,000,001 to 8,000,000 9 68,~~661~~608,~~101~~371.8863 5.71 ~~104~~103 5.~~5171~~5173 3.~~306727~~308036 8,000,001 to 9,000,000 3 24,~~375~~349,~~298~~773.2483 2.03 ~~108~~107 5.3735 2.~~577580~~577542 9,000,001 to 10,000,000 2 18,~~399~~390,~~660~~583.3699 1.53 9291 5.~~2758~~2756 2.~~188973~~188474 10,000,001 to 15,000,000 14 170,~~967~~801,~~288~~106.4208 14.21 ~~111~~110 5.5285 1.~~846364~~846731 15,000,001 to 20,000,000 4 68,~~961~~883,~~505~~785.3575 5.73 8584 5.3987 1.~~933437~~933466 20,000,001 to 30,000,000 3 70,~~981~~963,~~458~~041.0730 5.90 ~~100~~99 5.~~4295~~4293 1.~~263102~~263038 30,000,001 and greater 7 ~~378~~377,~~165~~959,~~474~~824.0936 31.4244 ~~105~~104 5.~~3436~~3434 2.~~264578~~264918 Totals 175 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 1,~~281~~279,~~606~~820.3397 0.11 ~~110~~109 5.9000 1.620000 Alaska 2 3,~~032~~029,~~039~~420.7022 0.25 ~~110~~109 6.0961 2.~~209881~~209882 Arizona 8 70,~~794~~701,~~273~~125.2700 5.88 9392 5.~~8005~~8004 1.~~702193~~702232 California 69 ~~335~~334,~~081~~767,~~018~~570.3571 27.84 ~~105~~104 5.~~5024~~5022 2.~~505386~~505957 Colorado 5 13,~~582~~566,~~199~~720.9002 1.13 9998 5.~~7459~~7455 1.~~494916~~494357 Connecticut 8 38,~~144~~129,~~358~~478.3147 3.17 ~~115~~114 5.~~7341~~7340 2.~~068058~~068162 Florida 8 8079,~~037~~952,~~423~~695.8600 6.65 ~~111~~110 5.3100 1.~~733209~~733231 Georgia 8 28,~~102~~080,~~595~~298.4450 2.34 ~~111~~110 5.~~6273~~6269 2.~~139937~~140466 Idaho 1 ~~980~~978,~~099~~137.8561 0.08 ~~230~~229 6.5300 2.280000 Illinois 7 73,~~880~~866,~~846~~867.5884 6.14 ~~111~~110 5.~~5051~~5049 2.~~687876~~688087 Kentucky 1 2,~~800~~790,~~662~~681.0944 0.23 ~~170~~169 6.0250 1.180000 Maine 2 15,~~192~~142,~~766~~405.2901 1.26 ~~159~~158 5.~~3727~~3733 1.~~172036~~171719 Maryland 4 24,~~718~~710,~~701~~475.2879 2.0506 9796 5.~~1514~~1513 1.~~620327~~620261 Massachusetts 6 43,~~674~~587,~~408~~653.7855 3.63 ~~166~~165 5.~~7635~~7637 1.~~778462~~779250 Minnesota 1 2,~~148~~143,~~400~~269.1548 0.18 ~~110~~109 5.2200 1.640000 Nebraska 1 33,~~381~~285,~~744~~907.0401 2.77 ~~171~~170 5.9900 1.420000 Nevada 4 21,~~974~~910,~~110~~263.5396 1.8382 ~~110~~109 5.~~1324~~1329 1.~~613622~~613806 New Hampshire 1 3,~~880~~867,~~437~~175.2801 0.32 ~~171~~170 6.3800 1.420000 New Jersey 9 66,~~389~~306,~~442~~182.6673 5.5251 ~~120~~119 5.~~5833~~5832 2.~~437201~~437546 New York 7 89,~~515~~493,~~475~~528.1749 7.44 8786 5.7921 2.~~543962~~543892 North Carolina 3 18,215,020.00 1.5152 6160 5.0008 1.~~732071~~731748 Ohio 1 6,~~867~~852,~~268~~785.1049 0.57 ~~231~~230 6.1000 0.110000 Oregon 4 22,~~927~~884,~~389~~756.0614 1.9190 ~~123~~122 5.~~5082~~5078 1.~~745514~~745726 Pennsylvania 8 44,~~469~~454,~~438~~399.5209 3.70 9493 5.~~3207~~3205 1.~~047218~~047261 South Carolina 1 6,350,000.00 0.53 5049 4.7750 1.280000 Tennessee 1 3,~~132~~126,~~977~~348.2357 0.26 ~~230~~229 6.1300 1.500000 Texas 13 88,~~789~~715,~~503~~639.2748 7.38 ~~105~~104 5.~~4953~~4952 1.~~557072~~556955 Utah 1 1,~~284~~283,~~906~~311.4683 0.11 ~~111~~110 6.4700 2.460000 Virginia 2 2,~~438~~430,~~422~~753.5749 0.20 ~~112~~111 5.~~7565~~7568 1.~~899080~~898696 Washington 5 15,~~584~~578,~~932~~846.0551 1.2930 9998 5.~~4255~~4254 2.~~459833~~459664 Washington,DC 1 20,~~821~~803,~~458~~041.0730 1.73 ~~111~~110 5.9800 1.510000 West Virginia 1 7,000,000.00 0.58 5049 4.7750 1.280000 Wisconsin 3 17,~~027~~024,~~386~~646.6612 1.4142 6968 5.~~2075~~2073 2.~~628437~~628596 Totals 197 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.20 or less 15 114,~~868~~778,~~729~~755.4015 9.5455 9594 5.~~3004~~3000 0.~~687929~~687636 1.21 to 1.30 11 63,~~700~~610,~~550~~494.0881 5.29 ~~122~~121 5.~~8117~~8116 1.~~261959~~261961 1.31 to 1.40 8 49,~~738~~661,~~728~~141.6163 4.13 ~~109~~108 5.6868 1.~~368298~~368290 1.41 to 1.50 22 ~~149~~148,~~256~~896,~~500~~399.7606 12.4038 ~~138~~137 5.~~9984~~9988 1.~~445727~~445738 1.51 to 1.60 6 48,~~871~~782,~~542~~316.6669 4.06 ~~108~~107 5.~~6162~~6168 1.~~518408~~518406 1.61 to 1.70 19 68,~~253~~147,~~702~~819.2223 5.67 ~~114~~113 5.~~9382~~9384 1.~~652441~~652439 1.71 to 1.80 18 145,~~482~~358,~~807~~323.7929 12.09 ~~107~~106 5.~~4903~~4904 1.~~748834~~748829 1.81 or greater 76 563,~~328~~073,~~750~~974.3498 46.8183 ~~104~~103 5.~~3965~~3964 2.~~848253~~848357 Totals 175 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 29 9796,~~126~~999,~~960~~694.9591 8.07 9998 5.~~8245~~8246 2.~~017287~~017716 Lodging 2 9,~~470~~454,~~318~~338.9768 0.79 9392 6.0754 3.~~137580~~137709 Mixed Use 6 14,~~563~~545,~~743~~417.1132 1.21 ~~110~~109 5.~~8070~~8071 2.~~484096~~483943 Mobile Home Park 2 6,~~841~~834,~~332~~682.1064 0.57 8281 5.5834 1.~~505873~~505877 Multi-Family 27 107,~~639~~520,~~072~~194.5424 8.94 ~~123~~122 5.6282 2.~~970055~~971020 Office 38 386,~~423~~220,~~314~~224.7505 32.1112 ~~107~~106 5.~~4667~~4665 2.~~409107~~409569 Other 1 2,~~378~~376,~~530~~752.2364 0.20 ~~109~~108 6.6700 1.470000 Retail 83 557,~~916~~263,~~266~~180.1783 46.3635 ~~111~~110 5.~~5077~~5075 1.~~659573~~659596 Self Storage 9 21,~~141~~094,~~773~~739.0352 1.7675 9796 5.~~8053~~8056 1.~~750848~~751167 Totals 197 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 5.500% or less 54 609,~~778~~308,~~516~~784.4475 50.6768 9998 5.~~1050~~1049 2.~~379269~~379694 5.501% to 6.000% 61 ~~369~~368,~~047~~629,~~030~~279.0213 30.66 ~~113~~112 5.~~8181~~8180 1.~~865003~~865203 6.001% to 6.500% 49 201,~~485~~209,~~321~~809.1545 16.74 ~~133~~132 6.2080 1.~~547779~~547828 6.501% to 7.000% 7 12,~~839~~822,~~644~~840.3885 1.07 ~~116~~115 6.6964 1.~~694501~~694325 7.001% to 7.500% 2 3,~~827~~823,~~680~~740.5166 0.32 ~~152~~151 7.0269 1.~~407199~~407278 7.5% or greater 2 6,~~523~~514,~~119~~770.3600 0.54 7271 7.9698 1.~~697366~~697365 Totals 175 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less ~~161~~157 1,~~065~~051,~~781~~286,~~307~~767.8535 8887.5644 ~~111~~110 5.5854 2.~~001001~~006684 13 to 24 months 1216 ~~131~~144,~~196~~507,~~884~~687.6549 1012.9002 100 5.~~1139~~1564 2.~~633211~~536073 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 1 ~~859~~858,~~244~~277.8157 0.07 7675 8.4300 1.680000 49 months and greater 1 5,~~663~~656,~~874~~492.5543 0.47 7170 7.9000 1.700000 Totals 175 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636

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 8 97,~~469~~407,~~586~~668.2865 8.10 4948 5.~~0109~~0107 1.~~498676~~498353 61 to 120 months 134 ~~930~~929,~~173~~517,~~269~~895.1464 77.2931 ~~104~~103 5.~~5395~~5394 2.~~220362~~220648 121 to 180 months 7 58,~~152~~087,~~803~~090.2406 4.83 ~~170~~169 5.~~9992~~9991 1.~~725964~~726421 181 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 149 1,085,~~795~~012,~~658~~654.6635 90.2224 ~~102~~101 5.~~5167~~5166 2.~~129098~~129345

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 120 months 2 4,~~721~~689,~~751~~810.3026 0.39 ~~111~~110 5.4742 1.~~566746~~566760 121 to 180 months 19 95,~~344~~004,~~801~~695.2476 7.9290 ~~167~~166 5.~~7806~~7809 1.~~589364~~589341 181 to 240 months 5 17,~~639~~602,~~100~~064.6647 1.4746 ~~230~~229 6.1655 1.~~047090~~047105 241 to 300 months 0 0.00 0.00 0 0.0000 0.000000 301 to 360 months 0 0.00 0.00 0 0.0000 0.000000 360 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 26 117,~~705~~296,~~653~~570.2049 9.7876 ~~174~~173 5.~~8260~~8263 1.~~507193~~507068

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 14 209,600,000.00 17.4243 8281 4.8960 2.~~567629~~567526 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 5 29,~~486~~374,~~180~~188.0786 2.4544 9695 5.2365 1.~~372761~~372746 181 to 240 months 6 19,~~972~~928,~~367~~369.5251 1.66 ~~142~~141 5.~~7794~~7795 1.~~635427~~635473 241 to 300 months 44 215,~~793~~540,~~363~~596.3863 17.93 ~~116~~115 6.~~0101~~0100 1.~~703225~~703251 301 to 360 months 80 610,~~943~~569,~~747~~499.6935 50.7678 ~~104~~103 5.~~5602~~5603 2.~~181716~~181860 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 149 1,085,~~795~~012,~~658~~654.6635 90.2224 ~~102~~101 5.~~5167~~5166 2.~~129098~~129345

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 71 641,~~722~~160,~~286~~188.8820 53.3233 ~~112~~111 5.~~5715~~5713 2.~~286203~~286690 1 year or less 104 561,~~779~~149,~~024~~036.9864 46.6867 ~~107~~106 5.~~5188~~5187 1.~~819334~~819491 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 175 1,~~203~~202,~~501~~309,~~311~~224.8684 100.00 ~~109~~108 5.~~5469~~5468 2.~~068274~~068636 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document. Note: (i) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 700201376 1 OF Various Various 406,626.23 0.00 5.247% 700201378 2 OF Los Angeles CA 260,830.56 0.00 4.660% 850201260 3 RT Lakeland FL 261,~~969~~684.6152 64,~~630~~915.2938 5.123% 850201271 4 OF New York NY 300,769.75 0.00 5.910% 850201258 5 RT Various Various 149,103.17 0.00 4.870% 700201328 6 RT Scottsdale AZ ~~184~~183,~~169~~931.1587 44,~~660~~897.0432 6.170% 600872921 7 OF Omaha NE 172,~~676~~184.6989 95,~~345~~837.2303 5.990% 600872901 8 RT Dallas TX 127,746.67 0.00 5.360% 850201277 9 RT Carlisle PA 89,653.67 0.00 4.990% 600872922 10 OF Washington DC 107,~~313~~218.2994 18,~~322~~416.4277 5.980% 700201206 11 RT Chandler AZ 88,~~486~~391.3554 21,~~212~~307.3112 5.190% 310901119 12 RT Jersey City NJ 75,~~164~~084.4963 1718,~~921~~001.9985 5.175% 600872915 13 OF San Diego CA 77,~~276~~196.7380 17,~~383~~463.2316 5.340% 600872902 14 RT Plano TX 8079,~~027~~920.2613 20,~~840~~947.3447 5.970% 850201251 15 MF Boston/Brookline MA 80,~~402~~299.7662 19,~~011~~114.7690 6.300% 850201317 16 RT Henderson NV 6160,~~230~~994.0809 56,~~099~~335.9190 4.885% 310901259 17 RT Redwood City CA 69,~~457~~389.4411 14,~~297~~366.9932 5.550% 850201256 18 RT Various Various 53,121.88 0.00 4.775% 850201231 19 RT Salem MA 57,802.08 0.00 5.370% 600872916 20 OF Sherman Oaks CA 56,~~521~~463.4600 12,~~714~~772.3884 5.340% 600872923 21 MF North Brunswick NJ 61,~~701~~641.7408 12,~~040~~101.8854 5.850% 600872924 22 RT Orland Park IL 62,826.67 0.00 6.080% 850201278 23 RT Basking Ridge NJ 64,~~805~~724.0174 14,~~464~~544.3764 6.445% 850201254 24 RT Various Various 50,427.27 0.00 5.161% 600872925 25 IN Santa Ana CA 56,~~495~~422.6768 13,~~692~~765.6362 6.190% 850201057 26 IN Janesville WI 42,148.33 0.00 4.840% 850201276 27 RT Sanford ME 49,~~812~~701.9248 23,~~069~~180.1458 5.610% 850201252 28 RT Warner Robins GA 41,706.58 0.00 4.970% 850201295 29 RT White Marsh MD 38,485.38 0.00 4.990% 850201238 30 OF New York NY 43,~~865~~821.2697 9,~~033~~076.0837 5.565% 700201102 31 OF Santa Barbara CA 26,~~883~~857.7458 5,~~328~~354.4965 5.700% 700201103 32 MU Pasadena CA 15,~~500~~485.5345 3,~~072~~087.2836 5.700% 600872926 33 RT Lutherville MD 38,~~939~~901.7800 8,~~186~~225.7149 5.500% 600872927 34 MF Fair Lawn NJ 35,~~431~~392.6663 8,~~939~~978.1821 5.070% 600872917 35 OF Beverly Hills CA 38,~~535~~495.1355 8,~~281~~320.1371 5.550% 850201313 36 RT Stamford CT 38,~~336~~299.3863 7,~~615~~651.1691 5.605% 310901293 37 RT Medford OR 37,~~914~~877.1910 7,~~760~~797.2130 5.550% 700201300 38 OF Stamford CT 39,695.50 0.00 5.910% 600872919 39 RT Commerce CA 36,941.67 0.00 5.500% 610901287 40 MF Fullerton CA 35,274.56 0.00 5.320% 310901108 41 IN Pico Rivera CA 3433,~~099~~970.9565 28,~~602~~731.5181 5.250% 600872903 42 OF Long Beach CA 37,135.42 0.00 5.750% 700201127 43 RT Eugene OR 31,~~519~~483.8052 8,~~512~~549.9523 4.950% 610901332 44 RT Missouri City TX 3130,~~114~~996.8072 26,~~626~~744.1119 5.150% 700201298 45 OF Stamford CT 35,521.69 0.00 5.810% 700201193 46 OF Calabasas CA 34,~~048~~016.3304 6,~~579~~611.7099 5.700% 310901294 47 RT Columbus OH 36,~~147~~072.9123 14,~~406~~482.9361 6.100% 600872928 48 MF College Station TX 28,~~682~~649.3235 7,~~875~~908.9188 4.860% 600872929 49 MF Philadelphia PA 32,679.17 0.00 5.750% 850201387 50 RT Westminster CO 31,~~750~~704.4679 9,~~200~~246.4007 5.765% 610901230 51 RT Tigard OR 31,~~807~~682.1276 24,~~353~~477.6096 5.930% 600872930 52 RT Alpharetta GA 32,~~836~~809.3894 4,~~881~~907.2165 6.290% 600872904 53 RT Oceanside CA 31,~~229~~202.6965 5,~~198~~225.8589 6.040% 700201073 54 RT Sunrise FL 28,~~783~~755.8337 5,~~787~~816.7117 5.710% 310900154 55 IN San Diego CA 38,~~579~~530.9608 7,~~332~~382.2412 7.900% 310901357 56 MH Hemet CA 26,~~376~~350.8092 5,~~454~~480.5341 5.510% 700201023 57 RT Lincoln IL 31,~~130~~092.8909 6,~~626~~665.6343 6.800% 850201227 58 MF Ayer MA 23,~~696~~606.8048 19,~~826~~916.2557 5.290% 700201299 59 OF Stamford CT 26,516.19 0.00 5.810% 850201279 60 IN City of Industry CA 22,~~841~~755.0114 1819,~~974~~060.3017 5.255% 850201224 61 RT Spencer MA 20,~~941~~831.8735 26,~~327~~437.2981 4.875% 850201270 62 LO Santa Barbara CA 26,~~251~~216.4128 6,~~748~~783.3952 6.045% 850201223 63 RT Lewiston ME 20,~~701~~588.8018 27,~~067~~180.0870 4.875% 700201303 64 RT Tempe AZ 21,~~396~~372.5896 5,~~475~~498.0769 5.010% 600872931 65 IN Carrollton TX 26,~~141~~107.4024 6,~~472~~506.1733 6.130% 600872932 66 MF North Brunswick NJ 21,~~667~~632.2697 7,~~825~~859.0231 5.090% 310901315 67 OF Watsonville CA 24,~~521~~498.7299 4,~~574~~597.2700 5.770% 700201188 68 OF New York NY 22,005.69 0.00 5.380% 600872933 69 RT Lemont IL 20,445.00 0.00 5.220% 600872920 70 RT Arlington WA 23,~~409~~388.5012 4,~~257~~279.7614 5.830% 600872905 71 OF La Mesa CA 21,397.75 0.00 5.522% 600872906 72 IN Long Beach CA 23,172.50 0.00 5.980% 700201390 73 LO Fishkill NY 23,~~376~~328.9985 9,~~148~~196.6377 6.110% 310901353 74 MU Costa Mesa CA 19,~~989~~960.6203 6,~~328~~357.1877 5.430% 600872934 75 IN Landover MD 19,872.29 0.00 5.430% 410901320 76 IN Livermore CA 12,~~348~~338.9085 1,~~857~~867.5055 6.280% 410901319 77 IN Livermore CA 10,~~201~~192.2697 1,~~534~~542.4675 6.280% 600872935 78 MF Old Bridge NJ 19,076.63 0.00 5.470% 600872907 79 IN Pomona CA 18,~~297~~267.4734 6,~~573~~603.0821 5.500% 600872908 80 IN Cerritos CA 20,253.33 0.00 5.880% 850201264 81 MF Bronx NY 19,~~853~~834.1080 3,~~655~~673.2454 5.815% 850201319 82 RT Los Angeles CA 19,~~099~~031.9855 1314,~~977~~045.3679 5.685% 700201216 83 RT Nashua NH 21,~~391~~318.1569 13,~~189~~262.8127 6.380% 310901325 84 SS Arcadia CA 17,~~788~~668.3285 25,~~503~~622.3683 5.440% 600872936 85 IN Santa Ana CA 17,~~336~~318.4152 3,~~883~~901.3120 5.350% 850201315 86 RT Scottsdale AZ 19,~~082~~016.6511 12,~~932~~999.6115 5.975% 600872937 87 RT Port St. Lucie FL 16,~~725~~708.7920 3,~~912~~929.2281 5.220% 600872909 88 RT San Antonio TX 18,~~677~~652.1166 4,~~609~~633.4691 6.160% 600872938 89 MF West Orange NJ 16,~~078~~061.4687 3,~~634~~651.8645 5.300% 850201215 90 MF Ft. Lauderdale FL 16,259.93 0.00 5.395% 700201197 91 RT Los Angeles CA 17,~~779~~763.2743 3,~~092~~108.6246 5.950% 410901296 92 SS Sacramento CA 17,~~114~~098.7664 3,~~265~~281.8597 5.730% 600872939 93 RT Alpharetta GA 17,~~946~~908.22 7,~~270~~308.41 6.070% 410901241 94 RT Oshkosh WI 18,~~177~~162.6380 2,~~725~~740.7154 6.320% 700201215 95 RT Saugus MA 17,~~754~~694.6651 1011,~~947~~007.5469 6.380% 850201217 96 RT Orcutt CA 15,~~834~~818.2586 3,~~172~~188.8322 5.630% 410901272 97 RT Bakersfield CA 17,~~656~~620.5548 6,~~618~~654.2027 6.330% 410901355 98 MF Pensacola FL 9,~~780~~766.4591 2,~~664~~678.5004 5.900% 410901235 99 MF Bay Minette AL 6,~~520~~511.3027 1,~~776~~785.3336 5.900% 600872940 100 RT River Forest IL 13,~~809~~786.1695 5,~~087~~109.3354 5.070% 600872941 101 RT Gallatin TN 16,~~572~~537.5777 6,~~593~~628.8666 6.130% 700201213 102 RT Stoughton MA 16,~~578~~521.1499 10,~~222~~278.1126 6.380% 600872910 103 IN Placentia CA 15,190.00 0.00 5.880% 850201243 104 MF New Carrollton MD 10,750.00 0.00 4.300% 410901291 105 IN Chatsworth CA 14,~~783~~762.4569 4,~~162~~183.3208 5.790% 620901266 106 MF Goleta CA 15,~~876~~855.0727 3,~~876~~897.9474 6.230% 410901249 107 RT Las Vegas NV 12,~~687~~673.7337 3,~~336~~350.3975 5.000% 410901318 108 RT Phoenix AZ 15,~~307~~294.3044 2,~~416~~429.6854 6.180% 850201259 109 OF Lexington KY 14,~~581~~530.8938 9,~~929~~980.1465 6.025% 850201255 110 MF Bryn Mawr PA 14,~~612~~599.7388 2,~~483~~496.6247 6.005% 410901256 111 SS Riverside CA 13,~~951~~931.0523 34,~~995~~015.7153 5.760% 410901258 112 RT Grand Prairie TX 15,~~420~~408.2624 2,~~167~~179.3032 6.440% 700201344 113 RT Chino Hills CA 13,~~581~~569.8037 2,~~501~~513.4184 5.770% 700201368 114 RT Cranberry Township PA 13,~~667~~648.5563 3,~~723~~742.4739 5.900% 410901263 115 SS Rosamond CA 14,~~585~~566.1428 3,~~475~~494.1703 6.300% 890901333 116 RT Tampa FL 16,~~225~~214.4571 1,~~776~~787.3610 7.021% 410901305 117 OF Woodland Hills CA 13,~~653~~635.7107 3,~~643~~662.5317 5.940% 850201250 118 RT North Plainfield NJ 12,~~956~~910.5425 9,~~102~~148.1443 5.905% 850201249 119 RT Forked River NJ 12,~~710~~664.2281 8,~~929~~974.0950 5.905% 850201248 120 RT Downingtown PA 12,~~463~~419.8937 8,~~756~~800.0557 5.905% 410901269 121 IN Las Vegas NV 13,~~031~~020.3916 2,~~134~~145.6386 6.110% 620901264 122 OF Monterey CA 11,~~356~~338.1981 3,~~772~~790.8624 5.350% 410901224 123 SS Carson CA 11,~~315~~303.5969 2,~~598~~609.0999 5.320% 850201236 124 OT Los Angeles CA 13,~~671~~661.5035 1,~~767~~777.4459 6.670% 410901328 125 IN Torrance CA 12,~~508~~497.0983 1,~~915~~925.4470 6.220% 600872942 126 RT Woodstock GA 11,~~905~~889.2978 2,~~895~~911.5708 6.220% 410901247 127 IN Moreno Valley CA 9,~~913~~897.4779 3,~~503~~518.3199 5.200% 410901309 128 IN Phoenix AZ 11,~~185~~170.8964 2,~~961~~977.8611 5.980% 410901251 129 MU San Francisco CA 11,~~244~~229.5018 2,~~957~~972.0436 6.020% 410901278 130 MF Duluth MN 9,~~680~~657.0206 5,~~107~~130.7167 5.220% 700201214 131 RT Orange CT 11,~~658~~618.1869 7,~~188~~227.4493 6.380% 600872911 132 RT Orange CA 10,886.17 0.00 6.020% 410901310 133 MU Los Angeles CA 10,~~963~~948.1370 2,~~734~~749.5700 6.130% 700200941 134 IN Las Vegas NV 10,~~438~~428.5437 2,~~003~~014.8906 5.890% 410901350 135 SS Bakersfield CA 9,~~769~~755.7371 2,~~871~~885.9698 5.670% 410901354 136 RT Houston TX 9,~~920~~911.4236 1,~~814~~823.6470 5.800% 410901274 137 MF Long Beach CA 9,~~107~~097.1876 2,~~048~~058.6406 5.340% 410901379 138 IN Duarte CA 8,~~818~~805.4021 2,~~853~~866.8099 5.370% 410901242 139 MF Anchorage AK 9,~~876~~867.5999 1,~~654~~662.1070 6.040% 850201247 140 OF Boca Raton FL 10,~~018~~010.4116 1,~~532~~540.3964 6.255% 700201301 141 OF Stamford CT 9,160.50 0.00 5.910% 600872943 142 RT Chicago IL 8,~~917~~905.3776 2,~~192~~203.1677 6.150% 600872944 143 RT Marietta GA 8,~~138~~109.4277 5,~~669~~698.6025 5.870% 410901340 144 IN Monterey Park CA 7,~~949~~938.0409 2,~~184~~195.4540 5.820% 410901292 145 IN Colorado Springs CO 8,~~603~~592.88 2,~~020~~031.17 6.320% 410901244 146 RT Castle Rock CO 8,~~581~~574.8575 1,~~311~~318.2939 6.290% 410901257 147 SS Mesa AZ 8,~~038~~027.7665 2,~~182~~193.2233 5.910% 410901165 148 OF Folsom CA 7,~~996~~989.5036 1,~~366~~373.4054 6.070% 410901255 149 MF Sacramento CA 7,~~935~~928.5768 1,~~316~~323.4029 6.080% 600872945 150 MU McLean VA 7,~~505~~498.0124 1,~~344~~350.1087 5.850% 600872912 151 OF Newport Beach CA 6,~~972~~965.6461 1,~~497~~504.2023 5.450% 600872913 152 OF Newport Beach CA 6,~~972~~965.6461 1,~~497~~504.2023 5.450% 410901329 153 MF San Diego CA 7,~~265~~238.3960 5,~~376~~403.2605 5.980% 410901282 154 MU Woodburn OR 7,~~714~~704.3755 1,~~798~~808.6143 6.340% 410901327 155 RT Sonoma CA 7,~~387~~381.5673 1,~~061~~067.4528 6.370% 600872914 156 OF Newport Beach CA 6,~~514~~508.4220 1,~~278~~284.2648 5.650% 410901298 157 MH Lakewood WA 6,~~547~~541.6272 1,~~163~~169.1505 5.900% 410901303 158 RT Orem UT 7,~~167~~158.5571 1,~~585~~594.7963 6.470% 410901286 159 MF Simi Valley CA 6,~~618~~609.7881 1,~~741~~750.2522 5.980% 600872946 160 RT Jacksonville FL 6,~~591~~568.3898 4,~~039~~061.3272 6.440% 410901273 161 SS Union City GA 6,~~639~~630.1394 1,~~463~~471.3655 6.500% 410901252 162 SS Lancaster CA 6,~~712~~704.4928 1,~~450~~458.0930 6.580% 410901271 163 RT Cypress TX 6,~~959~~946.3336 2,~~139~~152.7875 7.040% 410901243 164 MF Anchorage AK 6,~~053~~048.6356 ~~951~~956.7178 6.190% 410901276 165 IN Mesa AZ 6,~~407~~402.5577 ~~841~~846.2301 6.600% 410901290 166 IN Poway CA 5,~~592~~586.9717 1,~~202~~209.9171 6.570% 410901227 167 IN Goleta CA 5,~~144~~137.7886 1,~~328~~335.8375 6.050% 410901322 168 IN Sacramento CA 5,~~369~~359.8901 12,~~991~~002.9482 6.340% 410901331 169 MF Boise ID 5,~~522~~511.1316 1,~~951~~962.2724 6.530% 410901330 170 MF San Diego CA 4,~~843~~825.6073 3,~~584~~602.1704 5.980% 410901238 171 IN Sacramento CA 4,~~414~~404.5202 2,~~323~~334.9242 5.250% 600872947 172 IN Falls Church VA 4,~~619~~589.3700 6,~~287~~318.8421 5.610% 600872948 173 RT Denver CO 5,~~096~~079.6194 2,~~867~~884.5825 6.750% 310900241 174 MF El Paso TX 6,~~244~~237.3740 ~~960~~967.2724 8.430% 410901185 175 RT Kent WA 3,~~495~~492.4424 ~~634~~637.1535 5.850% Totals 5,~~731~~726,~~830~~026.1657 1,~~186~~192,~~283~~087.4302

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 700201376 N/A 01/08/2014 N 90,000,000.00 90,000,000.00 0708/08/2004 700201378 N/A 07/01/2013 N 65,000,000.00 65,000,000.00 08/01/2004 850201260 N/A 10/01/2013 N 59,~~389~~324,~~510~~880.5627 59,~~324~~259,~~880~~964.2789 0809/01/2004 850201271 N/A 11/01/2010 N 59,100,000.00 59,100,000.00 0809/01/2004 850201258 10/01/2008 10/01/2033 N 36,740,000.00 36,740,000.00 0809/01/2004 700201328 N/A 01/01/2014 N 34,~~663~~618,~~509~~849.8278 34,~~618~~573,~~849~~952.7846 0809/01/2004 600872921 N/A 11/01/2018 N 33,~~477~~381,~~089~~744.2704 33,~~381~~285,~~744~~907.0401 08/01/2004 600872901 N/A 12/01/2013 N 28,600,000.00 28,600,000.00 08/01/2004 850201277 N/A 11/01/2010 N 21,560,000.00 21,560,000.00 0809/01/2004 600872922 N/A 11/01/2013 N 20,~~839~~821,~~780~~458.4907 20,~~821~~803,~~458~~041.0730 08/01/2004 700201206 N/A 10/01/2008 N 19,~~799~~778,~~294~~081.0776 19,~~778~~756,~~081~~774.7664 0809/01/2004 310901119 N/A 12/01/2013 N 16,~~867~~849,~~207~~285.1516 16,~~849~~831,~~285~~283.1631 0809/01/2004 600872915 N/A 10/01/2010 N 16,~~805~~787,~~379~~995.1289 16,~~787~~770,~~995~~532.8973 08/01/2004 600872902 N/A 01/01/2014 N 15,~~566~~546,~~982~~142.8854 15,~~546~~525,~~142~~195.5407 08/01/2004 850201251 N/A 10/01/2018 N 14,~~820~~801,~~785~~773.1640 14,~~801~~782,~~773~~658.4050 0809/01/2004 850201317 N/A 12/01/2013 N 14,~~555~~499,~~966~~866.0110 14,~~499~~443,~~866~~530.1020 08/01/2004 310901259 N/A 10/01/2013 N 14,~~533~~519,~~379~~081.5253 14,~~519~~504,~~081~~715.5321 0809/01/2004 850201256 N/A 10/01/2008 N 13,350,000.00 13,350,000.00 0809/01/2004 850201231 N/A 09/01/2018 N 12,500,000.00 12,500,000.00 0809/01/2004 600872916 N/A 10/01/2010 N 12,~~291~~279,~~727~~013.8648 12,~~279~~266,~~013~~240.4864 08/01/2004 600872923 N/A 11/01/2012 N 12,~~248~~236,~~483~~443.9204 12,~~236~~224,~~443~~341.0450 08/01/2004 600872924 N/A 10/01/2013 N 12,000,000.00 12,000,000.00 08/01/2004 850201278 N/A 11/01/2018 N 11,~~676~~662,~~871~~406.0972 11,~~662~~647,~~406~~862.72 08 09/01/2004 850201254 N/A 11/01/2010 N 11,725,000.00 11,725,000.00 0809/01/2004 600872925 N/A 12/01/2013 N 10,~~599~~585,~~010~~317.0037 10,~~585~~571,~~317~~551.3775 08/01/2004 850201057 N/A 03/01/2008 N 10,450,000.00 10,450,000.00 0809/01/2004 850201276 N/A 11/01/2018 N 10,~~311~~288,~~455~~386.9278 10,~~288~~265,~~386~~206.7820 0809/01/2004 850201252 N/A 10/01/2010 N 10,070,000.00 10,070,000.00 0809/01/2004 850201295 12/01/2010 12/01/2033 N 9,255,000.00 9,255,000.00 0809/01/2004 850201238 N/A 09/01/2013 N 9,~~153~~144,~~693~~660.4436 9,~~144~~135,~~660~~583.3699 0809/01/2004 700201102 N/A 06/01/2013 N 5,~~477~~471,~~161~~833.7526 5,~~471~~466,~~833~~478.2661 0809/01/2004 700201103 N/A 06/01/2013 N 3,~~158~~154,~~003~~930.2597 3,~~154~~151,~~930~~843.9761 0809/01/2004 600872926 N/A 10/01/2013 N 8,~~221~~213,~~887~~701.9928 8,~~213~~205,~~701~~475.2879 08/01/2004 600872927 N/A 10/01/2013 N 8,~~115~~106,~~669~~730.2002 8,~~106~~097,~~730~~751.0281 08/01/2004 600872917 N/A 03/01/2013 N 8,~~063~~054,~~148~~866.0794 8,~~054~~046,~~866~~546.9423 08/01/2004 850201313 N/A 12/01/2013 N 7,~~942~~935,~~849~~234.4024 7,~~935~~927,~~234~~582.2433 0809/01/2004 310901293 N/A 11/01/2013 N 7,~~933~~925,~~221~~460.1089 7,~~925~~917,~~460~~663.8959 0809/01/2004 700201300 N/A 12/01/2013 N 7,800,000.00 7,800,000.00 0809/01/2004 600872919 N/A 10/01/2013 N 7,800,000.00 7,800,000.00 0809/01/2004 610901287 N/A 10/01/2013 N 7,700,000.00 7,700,000.00 0809/01/2004 310901108 N/A 10/01/2008 N 7,~~542~~514,~~846~~244.8534 7,~~514~~485,~~244~~512.3453 08/01/2004 600872903 N/A 11/01/2013 N 7,500,000.00 7,500,000.00 08/01/2004 700201127 N/A 07/01/2013 N 7,~~394~~386,~~675~~162.3641 7,~~386~~377,~~162~~613.4118 0809/01/2004 610901332 N/A 11/01/2018 N 76,~~016~~989,~~178~~552.6453 6,~~989~~962,~~552~~808.5334 0809/01/2004 700201298 N/A 12/01/2013 N 7,100,000.00 7,100,000.00 0809/01/2004 700201193 N/A 10/01/2013 N 6,~~936~~930,~~842~~262.0030 6,~~930~~923,~~262~~650.3031 0809/01/2004 310901294 N/A 11/01/2023 N 6,~~881~~867,~~675~~268.0310 6,~~867~~852,~~268~~785.1049 0809/01/2004 600872928 N/A 11/01/2013 N 6,~~853~~845,~~599~~723.8493 6,~~845~~837,~~723~~815.9305 08/01/2004 600872929 N/A 11/03/2013 N 6,600,000.00 6,600,000.00 08/03/2004 850201387 N/A 08/01/2013 N 6,~~395~~386,~~751~~551.4707 6,~~386~~377,~~551~~305.0700 0809/01/2004 610901230 N/A 12/01/2017 N 6,~~228~~204,~~886~~533.6808 6,~~204~~180,~~533~~055.0812 08/01/2004 600872930 N/A 12/05/2013 N 6,~~062~~057,~~411~~529.0382 6,~~057~~052,~~529~~622.8217 08/05/2004 600872904 N/A 11/01/2013 N 65,~~004~~999,~~426~~227.2035 5,~~999~~994,~~227~~001.3546 08/01/2004 700201073 N/A 03/01/2013 N 5,~~854~~848,~~006~~218.5786 5,~~848~~842,~~218~~402.8669 0809/01/2004 310900154 N/A 07/01/2010 N 5,~~671~~663,~~206~~874.7955 5,~~663~~656,~~874~~492.5543 0809/01/2004 310901357 N/A 12/01/2010 N 5,~~559~~553,~~188~~733.2067 5,~~553~~548,~~733~~253.6726 0809/01/2004 700201023 N/A 01/01/2013 N 5,~~316~~309,~~470~~844.7310 5,~~309~~303,~~844~~178.1067 08/01/2004 850201227 N/A 09/01/2018 N 5,~~202~~182,~~052~~226.9671 5,~~182~~162,~~226~~310.7114 0809/01/2004 700201299 N/A 12/01/2013 N 5,300,000.00 5,300,000.00 0809/01/2004 850201279 N/A 11/01/2018 N 5,~~047~~028,~~581~~606.2090 5,~~028~~009,~~606~~546.9073 0809/01/2004 850201224 N/A 01/01/2016 N 4,~~988~~962,~~634~~306.1990 4,~~962~~935,~~306~~869.9009 0809/01/2004 850201270 N/A 11/01/2010 N 5,~~043~~036,~~095~~346.1071 5,~~036~~029,~~346~~563.7119 0809/01/2004 850201223 N/A 09/01/2015 N 4,~~931~~904,~~446~~379.5951 4,~~904~~877,~~379~~198.5181 0809/01/2004 700201303 N/A 12/01/2008 N 4,~~959~~954,~~608~~132.0396 4,~~954~~948,~~132~~634.9627 0809/01/2004 600872931 N/A 12/01/2012 N 4,~~952~~945,~~325~~853.7760 4,~~945~~939,~~853~~347.6027 08/01/2004 600872932 N/A 12/01/2013 N 4,~~943~~935,~~415~~590.2321 4,~~935~~927,~~590~~730.2190 08/01/2004 310901315 N/A 11/01/2013 N 4,~~935~~930,~~326~~752.8659 4,~~930~~926,~~752~~155.59 0809/01/2004 700201188 N/A 10/01/2013 N 4,750,000.00 4,750,000.00 0809/01/2004 600872933 N/A 05/01/2013 N 4,700,000.00 4,700,000.00 08/01/2004 600872920 N/A 11/01/2013 N 4,~~662~~658,~~988~~730.1337 4,~~658~~654,~~730~~451.3723 0809/01/2004 600872905 N/A 11/01/2010 N 4,650,000.00 4,650,000.00 08/01/2004 600872906 N/A 12/01/2013 N 4,500,000.00 4,500,000.00 08/01/2004 700201390 N/A 01/01/2014 N 4,~~443~~433,~~120~~972.8926 4,~~433~~424,~~972~~775.2649 0809/01/2004 310901353 N/A 01/01/2014 N 4,~~275~~268,~~092~~764.9476 4,~~268~~262,~~764~~406.7699 0809/01/2004 600872934 N/A 10/01/2013 N 4,250,000.00 4,250,000.00 08/01/2004 410901320 N/A 11/01/2013 N 2,~~283~~281,~~544~~686.1363 2,~~281~~279,~~686~~819.6308 08/01/2004 410901319 N/A 11/01/2013 N 1,~~886~~884,~~406~~871.0357 1,~~884~~883,~~871~~328.5782 08/01/2004 600872935 N/A 12/01/2013 N 4,050,000.00 4,050,000.00 08/01/2004 600872907 N/A 10/01/2013 N 3,~~992~~985,~~175~~602.5648 3,~~985~~978,~~602~~999.4827 08/01/2004 600872908 N/A 12/01/2013 N 4,000,000.00 4,000,000.00 08/01/2004 850201264 N/A 10/01/2013 N 3,~~964~~961,~~783~~128.5127 3,~~961~~957,~~128~~454.2773 0809/01/2004 850201319 N/A 12/01/2018 N 3,~~901~~887,~~604~~627.5519 3,~~887~~873,~~627~~581.1940 0809/01/2004 700201216 N/A 11/01/2018 N 3,~~893~~880,~~627~~437.0928 3,~~880~~867,~~437~~175.2801 0809/01/2004 310901325 N/A 11/01/2013 N 3,~~797~~771,~~315~~812.8852 3,~~771~~746,~~812~~189.5269 0809/01/2004 600872936 N/A 10/01/2013 N 3,~~763~~759,~~102~~219.9867 3,~~759~~755,~~219~~318.6747 08/01/2004 850201315 N/A 12/01/2018 N 3,~~708~~695,~~870~~937.1453 3,~~695~~682,~~937~~938.5338 08/01/2004 600872937 N/A 12/01/2013 N 3,~~720~~717,~~976~~064.6139 3,~~717~~713,~~064~~134.3958 08/01/2004 600872909 N/A 11/01/2013 N 3,~~521~~516,~~030~~421.6317 3,~~516~~511,~~421~~787.1726 08/01/2004 600872938 N/A 12/01/2013 N 3,~~522~~519,~~973~~338.4761 3,~~519~~515,~~338~~687.6116 08/01/2004 850201215 N/A 09/01/2010 N 3,500,000.00 3,500,000.00 0809/01/2004 700201197 N/A 10/01/2013 N 3,~~470~~466,~~067~~974.1149 3,~~466~~463,~~974~~866.4903 0809/01/2004 410901296 N/A 10/01/2013 N 3,~~468~~465,~~621~~355.6075 3,~~465~~462,~~355~~073.7578 0809/01/2004 600872939 N/A 10/01/2023 N 3,~~433~~426,~~405~~134.2180 3,~~426~~418,~~134~~826.8039 08/01/2004 410901241 N/A 09/01/2013 N 3,~~340~~337,~~112~~386.3766 3,~~337~~334,~~386~~646.6612 0809/01/2004 700201215 N/A 11/01/2018 N 3,~~231~~220,~~710~~762.4793 3,~~220~~209,~~762~~755.9324 0809/01/2004 850201217 N/A 09/01/2018 N 3,~~266~~262,~~102~~929.4057 3,~~262~~259,~~929~~741.5735 0809/01/2004 410901272 N/A 10/01/2023 N 3,~~239~~232,~~238~~620.8868 3,~~232~~225,~~620~~966.6841 0809/01/2004 410901355 N/A 10/01/2013 N 1,~~925~~922,~~073~~409.9545 1,~~922~~919,~~409~~731.4541 08/01/2004 410901235 N/A 10/01/2013 N 1,~~283~~281,~~382~~606.6633 1,~~281~~279,~~606~~820.3397 08/01/2004 600872940 N/A 10/01/2013 N 3,~~163~~157,~~007~~920.8249 3,~~157~~152,~~920~~810.4995 08/01/2004 600872941 N/A 10/01/2023 N 3,~~139~~132,~~571~~977.0923 3,~~132~~126,~~977~~348.2357 08/01/2004 700201213 N/A 11/01/2018 N 3,~~017~~007,~~560~~338.9584 32,~~007~~997,~~338~~060.8458 0809/01/2004 600872910 N/A 12/01/2013 N 3,000,000.00 3,000,000.00 08/01/2004 850201243 N/A 10/01/2013 N 3,000,000.00 3,000,000.00 0809/01/2004 410901291 N/A 11/01/2013 N 2,~~965~~960,~~090~~927.1583 2,~~960~~956,~~927~~744.8375 0809/01/2004 620901266 N/A 09/01/2018 N 2,~~959~~955,~~346~~469.5864 2,~~955~~951,~~469~~571.6490 0809/01/2004 410901249 N/A 08/01/2013 N 2,~~946~~943,~~828~~491.3899 2,~~943~~940,~~491~~141.9924 0809/01/2004 410901318 N/A 10/01/2013 N 2,~~876~~873,~~410~~993.6294 2,~~873~~871,~~993~~564.9440 0809/01/2004 850201259 N/A 10/01/2018 N 2,~~810~~800,~~591~~662.2309 2,~~800~~790,~~662~~681.0944 0809/01/2004 850201255 N/A 10/01/2013 N 2,~~825~~823,~~914~~430.5997 2,~~823~~820,~~430~~934.9750 0809/01/2004 410901256 N/A 10/01/2013 N 2,~~812~~808,~~710~~715.9625 2,~~808~~804,~~715~~699.2572 0809/01/2004 410901258 N/A 11/01/2013 N 2,~~780~~778,~~651~~484.9363 2,~~778~~776,~~484~~305.6331 0809/01/2004 700201344 N/A 01/01/2014 N 2,~~733~~731,~~520~~019.4908 2,~~731~~728,~~019~~505.0824 0809/01/2004 700201368 N/A 10/09/2013 N 2,~~690~~686,~~167~~443.4497 2,~~686~~682,~~443~~701.9758 0809/09/2004 410901263 N/A 09/01/2008 N 2,~~688~~685,~~504~~029.6548 2,~~685~~681,~~029~~535.4845 0809/01/2004 890901333 N/A 11/01/2018 N 2,~~683~~681,~~613~~837.4913 2,~~681~~680,~~837~~050.1303 08/01/2004 410901305 N/A 11/01/2013 N 2,~~669~~665,~~346~~702.1865 2,~~665~~662,~~702~~040.6548 0809/01/2004 850201250 N/A 10/01/2013 N 2,~~548~~538,~~061~~959.1602 2,~~538~~529,~~959~~810.0259 0809/01/2004 850201249 N/A 10/01/2013 N 2,~~499~~490,~~618~~689.9788 2,~~490~~481,~~689~~715.8838 0809/01/2004 850201248 N/A 10/01/2013 N 2,~~451~~442,~~176~~420.7873 2,~~442~~433,~~420~~620.7316 0809/01/2004 410901269 N/A 09/01/2013 N 2,~~476~~474,~~797~~662.4481 2,~~474~~472,~~662~~516.8195 0809/01/2004 620901264 N/A 10/01/2013 N 2,~~465~~461,~~015~~242.4357 2,~~461~~457,~~242~~452.5733 0809/01/2004 410901224 N/A 08/01/2013 N 2,~~470~~467,~~053~~455.7061 2,~~467~~464,~~455~~845.6162 0809/01/2004 850201236 N/A 09/01/2013 N 2,~~380~~378,~~297~~530.6723 2,~~378~~376,~~530~~752.2364 0809/01/2004 410901328 N/A 12/01/2013 N 2,~~335~~333,~~293~~378.7430 2,~~333~~331,~~378~~452.3060 08/01/2004 600872942 N/A 10/05/2013 N 2,~~222~~219,~~748~~853.9437 2,~~219~~216,~~853~~942.3729 08/05/2004 410901247 N/A 09/01/2013 N 2,~~213~~210,~~926~~423.9463 2,~~210~~206,~~423~~904.6364 0809/01/2004 410901309 N/A 10/01/2013 N 2,~~172~~169,~~252~~290.3751 2,~~169~~166,~~290~~313.5140 0809/01/2004 410901251 N/A 09/01/2013 N 2,~~169~~166,~~125~~168.3127 2,~~166~~163,~~168~~195.2791 0809/01/2004 410901278 N/A 10/01/2013 N 2,~~153~~148,~~507~~400.8615 2,~~148~~143,~~400~~269.1548 0809/01/2004 700201214 N/A 11/01/2018 N 2,~~122~~114,~~026~~838.8036 2,~~114~~107,~~838~~610.3643 0809/01/2004 600872911 N/A 12/01/2013 N 2,100,000.00 2,100,000.00 08/01/2004 410901310 N/A 11/01/2013 N 2,~~076~~074,~~897~~162.2164 2,~~074~~071,~~162~~413.64 08/01/2004 700200941 N/A 11/01/2012 N 2,~~058~~056,~~093~~089.5263 2,~~056~~054,~~089~~075.6357 0809/01/2004 410901350 N/A 11/01/2008 N 21,~~000~~998,~~969~~097.7074 1,~~998~~995,~~097~~211.7476 0809/01/2004 410901354 N/A 12/01/2013 N 1,~~986~~984,~~291~~476.3268 1,~~984~~982,~~476~~652.6898 0809/01/2004 410901274 N/A 10/01/2013 N 1,~~980~~978,~~540~~491.2965 1,~~978~~976,~~491~~433.6559 0809/01/2004 410901379 N/A 01/01/2014 N 1,~~907~~904,~~025~~171.0222 1,~~904~~901,~~171~~304.2223 0809/01/2004 410901242 N/A 10/01/2013 N 1,~~898~~897,~~938~~284.7969 1,~~897~~895,~~284~~621.6999 0809/01/2004 850201247 N/A 10/01/2013 N 1,~~859~~858,~~998~~465.1374 1,~~858~~856,~~465~~925.7410 0809/01/2004 700201301 N/A 12/01/2013 N 1,800,000.00 1,800,000.00 0809/01/2004 600872943 N/A 12/01/2013 N 1,~~683~~681,~~845~~653.5842 1,~~681~~679,~~653~~449.4265 08/01/2004 600872944 N/A 12/01/2018 N 1,~~610~~604,~~063~~394.6505 1,~~604~~598,~~394~~695.0580 08/01/2004 410901340 N/A 01/01/2014 N 1,~~586~~583,~~106~~922.9954 1,~~583~~581,~~922~~727.5414 0809/01/2004 410901292 N/A 10/01/2013 N 1,~~580~~578,~~948~~928.9477 1,~~578~~576,~~928~~897.7760 0809/01/2004 410901244 N/A 08/01/2013 N 1,~~584~~583,~~423~~112.3506 1,~~583~~581,~~112~~793.0667 0809/01/2004 410901257 N/A 10/01/2013 N 1,~~579~~577,~~582~~399.0078 1,~~577~~575,~~399~~206.7845 0809/01/2004 410901165 N/A 05/01/2013 N 1,~~529~~528,~~861~~495.8444 1,~~528~~527,~~495~~121.4490 0809/01/2004 410901255 N/A 09/01/2013 N 1,~~515~~514,~~708~~391.2686 1,~~514~~513,~~391~~068.8657 0809/01/2004 600872945 N/A 12/01/2013 N 1,~~489~~488,~~827~~483.8979 1,~~488~~487,~~483~~132.7992 08/01/2004 600872912 N/A 10/01/2013 N 1,~~485~~484,~~735~~237.0787 1,~~484~~482,~~237~~733.8764 08/01/2004 600872913 N/A 10/01/2013 N 1,~~485~~484,~~735~~237.0787 1,~~484~~482,~~237~~733.8764 08/01/2004 410901329 N/A 11/01/2018 N 1,~~457~~452,~~938~~562.6438 1,~~452~~447,~~562~~159.3833 0809/01/2004 410901282 N/A 10/01/2013 N 1,~~413~~411,~~031~~232.2968 1,~~411~~409,~~232~~424.6825 0809/01/2004 410901327 N/A 12/01/2013 N 1,~~346~~345,~~797~~735.1368 1,~~345~~344,~~735~~668.6840 0809/01/2004 600872914 N/A 11/01/2013 N 1,~~338~~337,~~961~~683.8660 1,~~337~~336,~~683~~399.6012 08/01/2004 410901298 N/A 10/01/2013 N 1,~~288~~287,~~761~~598.5843 1,~~287~~286,~~598~~429.4338 0809/01/2004 410901303 N/A 11/01/2013 N 1,~~286~~284,~~492~~906.2546 1,~~284~~283,~~906~~311.4683 0809/01/2004 410901286 N/A 11/01/2013 N 1,~~285~~283,~~337~~596.9166 1,~~283~~281,~~596~~846.6644 0809/01/2004 600872946 N/A 10/01/2018 N 1,~~188~~184,~~587~~548.3402 1,~~184~~180,~~548~~486.0230 08/01/2004 410901273 N/A 10/01/2013 N 1,~~186~~184,~~146~~683.7640 1,~~184~~183,~~683~~211.4085 0809/01/2004 410901252 N/A 09/01/2013 N 1,~~184~~183,~~673~~223.5950 1,~~183~~181,~~223~~765.5020 0809/01/2004 410901271 N/A 09/01/2013 N 1,~~147~~145,~~983~~843.1638 1,~~145~~143,~~843~~690.3863 0809/01/2004 410901243 N/A 10/01/2013 N 1,~~135~~134,~~706~~755.7201 1,~~134~~133,~~755~~798.0123 0809/01/2004 410901276 N/A 11/01/2010 N 1,~~127~~126,~~428~~587.2401 1,~~126~~125,~~587~~741.0100 0809/01/2004 410901290 N/A 10/01/2013 N ~~988,594.60~~ 987,391.69 08986,181.98 09/01/2004 410901227 N/A 10/01/2013 N ~~987,535.00~~ 986,206.17 08984,870.42 09/01/2004 410901322 N/A 11/01/2013 N ~~983,596.29~~ 981,604.35 08979,601.53 09/01/2004 410901331 N/A 10/01/2023 N ~~982,051.12~~ 980,099.85 08978,137.61 09/01/2004 410901330 N/A 11/01/2018 N ~~971,959.07~~ 968,374.90 08964,772.86 09/01/2004 410901238 N/A 09/01/2013 N ~~976,484.52~~ 974,160.60 08971,826.18 09/01/2004 600872947 N/A 12/01/2013 N ~~956,226.62~~ 949,938.78 943,620.57 08/01/2004 600872948 N/A 11/01/2018 N ~~876,835.58~~ 873,968.00 871,083.75 08/01/2004 310900241 N/A 12/01/2010 N ~~860,205.08~~ 859,244.81 858,277.57 08/01/2004 410901185 N/A 10/01/2013 N 693,~~883~~248.1196 ~~693~~692,~~248~~611.9661 0809/01/2004 Totals 1,~~204~~203,~~687~~501,~~595~~311.2986 1,~~203~~202,~~501~~309,~~311~~224.8684

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 09/13/2004 0 $0.00 0 $0.00 0 $0.00 08/13/2004 0 $0.00 0 $0.00 0 $0.00 07/13/2004 0 $0.00 0 $0.00 0 $0.00 06/14/2004 0 $0.00 0 $0.00 0 $0.00 05/13/2004 0 $0.00 0 $0.00 0 $0.00 04/13/2004 0 $0.00 0 $0.00 0 $0.00 03/15/2004 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 09/13/2004 0 $0.00 0 $0.00 0 $0.00 08/13/2004 0 $0.00 0 $0.00 0 $0.00 07/13/2004 0 $0.00 0 $0.00 0 $0.00 06/14/2004 0 $0.00 0 $0.00 0 $0.00 05/13/2004 0 $0.00 0 $0.00 0 $0.00 04/13/2004 0 $0.00 0 $0.00 0 $0.00 03/15/2004 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 09/13/2004 0 $0.00 0 $0.00 5.546780% 5.500051% 108 08/13/2004 0 $0.00 0 $0.00 5.546916% 5.500183% 109 07/13/2004 0 $0.00 0 $0.00 5.547051% 5.500313% 110 06/14/2004 0 $0.00 0 $0.00 5.547206% 5.500464% 111 05/13/2004 0 $0.00 0 $0.00 5.547338% 5.500592% 113 04/13/2004 0 $0.00 0 $0.00 5.547490% 5.500739% 114 03/15/2004 0 $0.00 0 $0.00 5.547621% 5.500866% 115 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 ~~700201376~~700201378 12 0 0708/01/2004 260,270.84 260,270.84 B 600872921 7 0 08/01/2004 ~~404~~267,~~376~~159.2356 ~~404~~267,~~376~~159.2356 B 600872901 8 0 08/01/2004 126,054.51 126,054.51 A ~~Totals~~600872922 110 ~~404~~0 08/01/2004 125,~~376~~097.2382 ~~404~~125,~~376~~097.82 B 600872915 13 0 08/01/2004 92,780.63 92,780.63 B 600872902 14 0 08/01/2004 99,729.70 99,729.70 A 850201317 16 0 08/01/2004 116,955.41 116,955.41 B 600872916 20 0 08/01/2004 67,861.28 67,861.28 B 600872923 21 0 08/01/2004 73,426.51 73,426.51 B 600872924 22 0 08/01/2004 62,516.67 62,516.67 B 600872925 25 0 08/01/2004 69,914.85 69,914.85 B 600872926 33 0 08/01/2004 46,914.31 46,914.31 B 600872927 34 0 08/01/2004 44,161.41 44,161.41 B 600872917 35 0 08/01/2004 46,122.64 46,122.64 B 310901108 41 0 08/01/2004 62,508.34 62,508.34 B 600872903 42 0 08/01/2004 36,470.21 36,470.21 B 600872928 48 0 08/01/2004 36,381.38 36,381.38 B 600872929 49 0 08/03/2004 32,508.67 32,508.67 B 610901230 51 0 08/01/2004 55,733.30 55,733.30 B 600872930 52 0 08/05/2004 37,561.10 37,561.10 B 600872904 53 0 08/01/2004 35,880.94 35,880.94 B 700201023 57 0 08/01/2004 37,620.34 37,620.34 B 600872931 65 0 08/01/2004 32,485.80 32,485.80 B 600872932 66 0 08/01/2004 29,364.78 29,364.78 B 600872933 69 0 08/01/2004 20,327.50 20,327.50 B 600872905 71 0 08/01/2004 20,963.75 20,963.75 B 600872906 72 0 08/01/2004 22,738.50 22,738.50 B 600872934 75 0 08/01/2004 19,762.50 19,762.50 B 410901320 76 0 08/01/2004 14,147.46 14,147.46 B 410901319 77 0 08/01/2004 11,687.03 11,687.03 B 600872935 78 0 08/01/2004 18,972.01 18,972.01 B 600872907 79 0 08/01/2004 24,488.59 24,488.59 B 600872908 80 0 08/01/2004 19,857.22 19,857.22 B 600872936 85 0 08/01/2004 21,122.60 21,122.60 B 850201315 86 0 08/01/2004 31,792.48 31,792.48 B 600872937 87 0 08/01/2004 20,541.98 20,541.98 B 600872909 88 0 08/01/2004 22,929.27 22,929.27 A 600872938 89 0 08/01/2004 19,622.40 19,622.40 B 600872939 93 0 08/01/2004 25,128.12 25,128.12 B 410901355 98 0 08/01/2004 12,362.18 12,362.18 B 410901235 99 0 08/01/2004 8,241.45 8,241.45 B 600872940 100 0 08/01/2004 18,814.91 18,814.91 B 600872941 101 0 08/01/2004 23,085.50 23,085.50 B 600872910 103 0 08/01/2004 14,880.00 14,880.00 B 890901333 116 0 08/01/2004 17,724.69 17,724.69 B 410901328 125 0 08/01/2004 14,222.60 14,222.60 B 600872942 126 0 08/05/2004 14,743.51 14,743.51 B 600872911 132 0 08/01/2004 10,669.17 10,669.17 B 410901310 133 0 08/01/2004 13,519.09 13,519.09 B 600872943 142 0 08/01/2004 11,066.09 11,066.09 B 600872944 143 0 08/01/2004 13,766.57 13,766.57 B 600872945 150 0 08/01/2004 8,810.65 8,810.65 B 600872912 151 0 08/01/2004 8,316.47 8,316.47 B 600872913 152 0 08/01/2004 8,316.47 8,316.47 B 600872914 156 0 08/01/2004 7,654.45 7,654.45 B 600872946 160 0 08/01/2004 10,600.10 10,600.10 B 600872947 172 0 08/01/2004 10,882.67 10,882.67 B 600872948 173 0 08/01/2004 7,941.62 7,941.62 B 310900241 174 0 08/01/2004 7,019.66 7,019.66 B Totals 59 2,452,200.26 2,452,200.26

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~700201376~~700201378 9065,000,000.00 0.00 ~~Totals~~600872921 9033,381,744.04 0.00 600872901 28,600,000.00 0.00 600872922 20,821,458.07 0.00 600872915 16,787,995.89 0.00 600872902 15,546,142.54 0.00 850201317 14,499,866.10 0.00 600872916 12,279,013.48 0.00 600872923 12,236,443.04 0.00 600872924 12,000,000.00 0.00 600872925 10,585,317.37 0.00 600872926 8,213,701.28 0.00 600872927 8,106,730.02 0.00 600872917 8,054,866.94 0.00 310901108 7,514,244.33 0.00 600872903 7,500,000.00 0.00 600872928 6,845,723.93 0.00 600872929 6,600,000.00 0.00 610901230 6,204,533.08 0.00 600872930 6,057,529.82 0.00 600872904 5,999,227.35 0.00 700201023 5,309,844.09 0.00 600872931 4,945,853.60 0.00 600872932 4,935,590.21 0.00 600872933 4,700,000.00 0.00 600872905 4,650,000.00 0.00 600872906 4,500,000.00 0.00 600872934 4,250,000.00 0.00 410901320 2,281,686.64 0.00 410901319 1,884,871.56 0.00 600872935 4,050,000.00 0.00 600872907 3,985,602.48 0.00 600872908 4,000,000.00 0.00 600872936 3,759,219.67 0.00 850201315 3,695,937.53 0.00 600872937 3,717,064.39 0.00 600872909 3,516,421.17 0.00 600872938 3,519,338.61 0.00 600872939 3,426,134.80 0.00 410901355 1,922,409.45 0.00 410901235 1,281,606.34 0.00 600872940 3,157,920.49 0.00 600872941 3,132,977.23 0.00 600872910 3,000,000.00 0.00 890901333 2,681,837.14 0.00 410901328 2,333,378.30 0.00 600872942 2,219,853.37 0.00 600872911 2,100,000.00 0.00 410901310 2,074,162.63 0.00 600872943 1,681,653.42 0.00 600872944 1,604,394.05 0.00 600872945 1,488,483.79 0.00 600872912 1,484,237.87 0.00 600872913 1,484,237.87 0.00 600872914 1,337,683.60 0.00 600872946 1,184,548.02 0.00 600872947 949,938.78 0.00 600872948 873,968.00 0.00 310900241 859,244.79 0.00 Totals 420,814,637.17 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = A (13 ~~loan~~loans) ~~404~~248,~~376~~713.2348 ~~404~~248,~~376~~713.2348 9047,~~000~~662,~~000~~563.71 0.00 Total for Status Code = B (56 loans) 2,203,486.78 2,203,486.78 373,152,073.46 0.00 (1) Status of Mortgage Loan A - Payment Not Received But Still In Grace Period B - Late Payment But Less Than 1 Month Delinquent 0 - Current 1 - One Month Delinquent 2 - Two Months Delinquent 3 - Three or More Months Delinquent 4 - Assumed Scheduled Payment (Performing Matured Balloon) 7 - Foreclosure 9 - REO (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD ** Outstanding P & I Advances include the current period advance.

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

Filing Compare · MORGAN STAN DEAN WIT CAP COM MORT PS THR CRTS SER 2003-TOP13