8-K 1 wac03c03_oct.txt OCTOBER 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: October 15, 2004 (Date of earliest event reported) Commission File No.: 333-83930-03 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 91-2063264 54-6528880 54-2090865 54-2090866 (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 October 15, 2004, a distribution was made to holders of Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2003 - C3. 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 2003 - C3, relating to the October 15, 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. Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: October 15, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003 - C3, relating to the October 15, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: October 15, 2004 Record Date: September 30, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Other Required Information 4 Reconciliation Detail 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 - 20 Specially Serviced Loan Detail 21 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 Depositor Wachovia Commercial Mortgage Securities, Inc. 301 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Lennar Partners, Inc. 760 N.W. 107th Avenue Miami, FL 33172 Contact: Steve Bruha Phone Number: (305) 229-6614 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2004, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 929766CT8 4.037000% 259,086,000.00 ~~243~~242,~~416~~547,~~440~~644.3282 ~~868~~1,~~795~~004,585.5089 ~~818~~815,~~893~~970.4770 A-2 929766CU5 4.867000% 477,837,000.00 477,837,000.00 0.00 1,938,027.23 B 929766CV3 4.973000% 36,319,000.00 36,319,000.00 0.00 150,511.99 C 929766CW1 5.033000% 12,888,000.00 12,888,000.00 0.00 54,054.42 D 929766CX9 5.072000% 25,775,000.00 25,775,000.00 0.00 108,942.33 E 929766CY7 5.141000% 12,887,000.00 12,887,000.00 0.00 55,210.06 F 929766DD2 5.605000% 10,544,000.00 10,544,000.00 0.00 49,249.27 G 929766DF7 5.704000% 12,888,000.00 12,888,000.00 0.00 61,260.96 H 929766DH3 65.~~095157~~896438% 12,887,000.00 12,887,000.00 0.00 6563,~~456~~322.9183 J 929766DK6 4.982000% 22,260,000.00 22,260,000.00 0.00 92,416.10 K 929766DM2 4.982000% 9,373,000.00 9,373,000.00 0.00 38,913.57 L 929766DP5 4.982000% 7,029,000.00 7,029,000.00 0.00 29,182.07 M 929766DR1 4.982000% 2,343,000.00 2,343,000.00 0.00 9,727.35 N 929766DT7 4.982000% 7,030,000.00 7,030,000.00 0.00 29,186.22 O 929766DV2 4.982000% 4,686,000.00 4,686,000.00 0.00 19,454.71 P 929766DX8 4.982000% 23,432,149.00 23,432,149.00 0.00 97,282.47 Z-I NA 0.000000% 0.00 0.00 0.00 0.00 Z-II NA 0.000000% 0.00 0.00 0.00 0.00 Z-III NA 0.000000% 0.00 0.00 0.00 0.00 R-I NA 0.000000% 0.00 0.00 0.00 0.00 R-II NA 0.000000% 0.00 0.00 0.00 0.00 Totals 937,264,149.00 ~~921~~920,~~594~~725,~~589~~793.3282 ~~868~~1,~~795~~004,585.5089 3,~~617~~612,~~769~~712.1328

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 929766CT8 0.00 0.00 1,~~687~~820,~~688~~556.9759 ~~242~~241,~~547~~543,~~644~~058.8293 21.7678% A-2 929766CU5 0.00 0.00 1,938,027.23 477,837,000.00 21.7678% B 929766CV3 0.00 0.00 150,511.99 36,319,000.00 17.8183% C 929766CW1 0.00 0.00 54,054.42 12,888,000.00 16.4143% D 929766CX9 0.00 0.00 108,942.33 25,775,000.00 13.6263% E 929766CY7 0.00 0.00 55,210.06 12,887,000.00 12.2223% F 929766DD2 0.00 0.00 49,249.27 10,544,000.00 11.0708% G 929766DF7 0.00 0.00 61,260.96 12,888,000.00 9.6768% H 929766DH3 0.00 0.00 6563,~~456~~322.9183 12,887,000.00 8.2728% J 929766DK6 0.00 0.00 92,416.10 22,260,000.00 5.8586% K 929766DM2 0.00 0.00 38,913.57 9,373,000.00 4.84% L 929766DP5 0.00 0.00 29,182.07 7,029,000.00 4.0708% M 929766DR1 0.00 0.00 9,727.35 2,343,000.00 3.82% N 929766DT7 0.00 0.00 29,186.22 7,030,000.00 3.0506% O 929766DV2 0.00 0.00 19,454.71 4,686,000.00 2.5455% P 929766DX8 0.00 0.00 97,282.47 23,432,149.00 0.00% Z-I NA 0.00 0.00 0.00 0.00 0.00% Z-II NA 0.00 0.00 0.00 0.00 0.00% Z-III NA 0.00 0.00 0.00 0.00 0.00% R-I NA 0.00 0.00 0.00 0.00 0.00% R-II NA 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 4,~~486~~617,~~564~~298.6317 ~~920~~919,~~725~~721,~~793~~207.8293

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 929766CZ4 0.~~159710~~141963% 937,264,149.00 ~~921~~920,~~594~~725,~~589~~793.3282 ~~122~~108,~~656~~923.3996 IO-II 929766DB6 1.~~387101~~191394% 890,430,000.00 846,970,000.00 ~~979~~840,~~027~~896.3513

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 929766CZ4 0.00 ~~122~~108,~~656~~923.3996 ~~920~~919,~~725~~721,~~793~~207.8293 IO-II 929766DB6 0.00 ~~979~~840,~~027~~896.3513 846,970,000.00 (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 929766CT8 ~~939~~936.~~51985179~~16654246 3.~~35330933~~87742252 3.~~16070135~~14942027 0.00000000 0.00000000 ~~936~~932.~~16654246~~28911994 A-2 929766CU5 1,000.00000000 0.00000000 4.05583333 0.00000000 0.00000000 1,000.00000000 B 929766CV3 1,000.00000000 0.00000000 4.14416669 0.00000000 0.00000000 1,000.00000000 C 929766CW1 1,000.00000000 0.00000000 4.19416667 0.00000000 0.00000000 1,000.00000000 D 929766CX9 1,000.00000000 0.00000000 4.22666654 0.00000000 0.00000000 1,000.00000000 E 929766CY7 1,000.00000000 0.00000000 4.28416699 0.00000000 0.00000000 1,000.00000000 F 929766DD2 1,000.00000000 0.00000000 4.67083365 0.00000000 0.00000000 1,000.00000000 G 929766DF7 1,000.00000000 0.00000000 4.75333333 0.00000000 0.00000000 1,000.00000000 H 929766DH3 1,000.00000000 0.00000000 54.~~07929774~~91369830 0.00000000 0.00000000 1,000.00000000 J 929766DK6 1,000.00000000 0.00000000 4.15166667 0.00000000 0.00000000 1,000.00000000 K 929766DM2 1,000.00000000 0.00000000 4.15166649 0.00000000 0.00000000 1,000.00000000 L 929766DP5 1,000.00000000 0.00000000 4.15166738 0.00000000 0.00000000 1,000.00000000 M 929766DR1 1,000.00000000 0.00000000 4.15166453 0.00000000 0.00000000 1,000.00000000 N 929766DT7 1,000.00000000 0.00000000 4.15166714 0.00000000 0.00000000 1,000.00000000 O 929766DV2 1,000.00000000 0.00000000 4.15166667 0.00000000 0.00000000 1,000.00000000 P 929766DX8 1,000.00000000 0.00000000 4.15166658 0.00000000 0.00000000 1,000.00000000 Z-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-III NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO-I 929766CZ4 ~~983~~982.~~28159709~~35464869 0.~~13086641~~11621479 0.00000000 ~~982~~981.~~35464869~~28282076 IO-II 929766DB6 951.19212066 10.~~09949951~~94437084 0.00000000 951.19212066

Reconciliation Detail Advance Summary P & I Advances Outstanding 32,~~170~~941,~~746~~833.5265 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00

Servicing Fee Summary Current Period Accrued Servicing Fees 35,~~963~~928.2064 Less Delinquent Servicing Fees 2019,~~206~~120.7237 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1420,~~284~~206.2472 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3037,~~040~~014.7299

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 ~~818~~815,~~893~~970.4770 0.00 0.00 ~~818~~815,~~893~~970.4770 0.00 A-2 1,938,027.23 0.00 0.00 1,938,027.23 0.00 IO-I ~~122~~108,~~656~~923.3996 0.00 0.00 ~~122~~108,~~656~~923.3996 0.00 IO-II ~~979~~840,~~027~~896.3514 0.00 0.00 ~~979~~840,~~027~~896.3514 0.00 B 150,511.99 0.00 0.00 150,511.99 0.00 C 54,054.42 0.00 0.00 54,054.42 0.00 D 108,942.33 0.00 0.00 108,942.33 0.00 E 55,210.06 0.00 0.00 55,210.06 0.00 F 49,249.27 0.00 0.00 49,249.27 0.00 G 61,260.96 0.00 0.00 61,260.96 0.00 H 6563,~~456~~322.9183 0.00 0.00 6563,~~456~~322.9183 0.00 J 92,416.10 0.00 0.00 92,416.10 0.00 K 38,913.57 0.00 0.00 38,913.57 0.00 L 29,182.07 0.00 0.00 29,182.07 0.00 M 9,727.35 0.00 0.00 9,727.35 0.00 N 29,186.22 0.00 0.00 29,186.22 0.00 O 19,454.71 0.00 0.00 19,454.71 0.00 P 97,282.47 0.00 0.00 97,282.47 0.00 Total 4,~~719~~562,~~452~~532.8738 0.00 0.00 4,~~719~~562,~~452~~532.8738 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 ~~818~~815,~~893~~970.4770 0.00 A-2 0.00 1,938,027.23 0.00 IO-I 0.00 ~~122~~108,~~656~~923.3996 0.00 IO-II 0.00 ~~979~~840,~~027~~896.3513 0.00 B 0.00 150,511.99 0.00 C 0.00 54,054.42 0.00 D 0.00 108,942.33 0.00 E 0.00 55,210.06 0.00 F 0.00 49,249.27 0.00 G 0.00 61,260.96 0.00 H 0.00 6563,~~456~~322.9183 0.00 J 0.00 92,416.10 0.00 K 0.00 38,913.57 0.00 L 0.00 29,182.07 0.00 M 0.00 9,727.35 0.00 N 0.00 29,186.22 0.00 O 0.00 19,454.71 0.00 P 0.00 97,282.47 174.23 Total 0.00 4,~~719~~562,~~452~~532.8737 174.23

Other Required Information Available Distribution Amount (1) 5,~~588~~567,~~248~~118.3726 Aggregate Number of Outstanding Loans 130 Aggregate Stated Principal Balance of Loans Before Distribution ~~921~~920,~~594~~725,~~589~~794.8030 Aggregate Stated Principal Balance of Loans After Distribution ~~920~~919,~~725~~721,~~794~~208.3041 Aggregate Unpaid Principal Balance of Loans ~~921~~920,~~240~~288,~~076~~078.9836 Aggregate Amount of Servicing Fee 3037,~~040~~014.7299 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,~~996~~994.7991 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 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 4,600,456.29 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 4,600,456.29 Principal: Scheduled Principal 1,004,585.89 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 1,004,585.89 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 5,605,042.18 Total Funds Distributed Fees: Master Servicing Fee 35,928.64 Trustee Fee 1,994.91 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 37,923.55 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 4,562,532.37 Principal Distribution 1,004,585.89 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 5,567,118.26 Total Funds Distributed 5,605,041.81

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 2,000,000 10 14,~~694~~670,~~159~~705.0998 1.60 ~~105~~104 6.3953 1.~~519130~~517855 2,000,001 to 3,000,000 28 71,~~099~~007,~~329~~869.0272 7.72 9998 6.3057 1.~~533416~~535861 3,000,001 to 4,000,000 21 71,~~853~~762,~~300~~732.9422 7.80 9897 6.1748 1.~~600914~~600912 4,000,001 to 5,000,000 11 49,~~351~~279,~~902~~223.2715 5.36 8988 6.~~3230~~3231 1.~~463153~~473079 5,000,001 to 6,000,000 9 49,~~361~~305,~~979~~115.0161 5.36 9998 5.9814 1.~~465367~~465371 6,000,001 to 7,000,000 8 50,~~869~~807,~~912~~836.5117 5.52 9998 6.~~1566~~1565 1.~~763961~~763923 7,000,001 to 8,000,000 7 52,~~080~~028,~~960~~395.0027 5.66 9998 5.7670 1.~~493016~~493012 8,000,001 to 9,000,000 5 43,~~265~~225,~~725~~407.6989 4.70 8584 5.~~6935~~6934 1.~~695966~~696048 9,000,001 to 10,000,000 56 4858,~~645~~580,~~541~~757.0959 56.2837 7579 5.~~8529~~8763 1.~~564346~~510733 10,000,001 to 15,000,000 1211 ~~137~~126,~~086~~946,~~747~~687.4248 1413.8980 9088 5.~~8350~~8227 1.~~475243~~493034 15,000,001 to 20,000,000 7 121,~~229~~076,~~949~~090.0172 13.1716 9392 6.~~2505~~2506 1.~~483328~~483308 20,000,001 to 25,000,000 3 69,~~998~~970,~~009~~976.3533 7.6061 8988 5.~~5278~~5277 1.~~481299~~619015 25,000,001 to 30,000,000 1 26,500,000.00 2.88 ~~101~~100 6.3800 1.250000 30,000,001 to 35,000,000 1 30,~~782~~747,~~673~~183.0014 3.34 9796 5.9000 1.110000 35,000,001 to 40,000,000 1 35,~~930~~890,~~677~~363.0821 3.90 ~~100~~99 5.4200 1.780000 40,000,001 and greater 1 47,~~974~~921,~~928~~863.8293 5.21 9897 6.1000 1.410000 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 6,~~931~~921,~~176~~104.3650 0.75 ~~100~~99 6.8000 1.804444 Arizona 3 20,~~054~~031,~~471~~851.5554 2.18 ~~100~~99 5.8001 1.~~403093~~403098 California 21 223,~~818~~603,~~820~~166.3213 24.31 9493 6.~~0092~~0090 1.~~527219~~530242 Florida 18 116,~~254~~141,~~583~~852.7295 12.63 8483 5.~~8991~~8989 1.~~506996~~589932 Georgia 12 87,~~535~~427,~~086~~845.9390 9.51 ~~100~~99 5.~~6439~~6438 1.~~637249~~637040 Idaho 1 2,~~886~~883,~~092~~415.7629 0.31 9695 7.1100 0.770000 Illinois 4 47,~~100~~046,~~242~~413.3619 5.12 9897 5.9234 1.~~327603~~327606 Indiana 1 12,~~077~~056,~~193~~925.9986 1.31 9897 5.9000 1.880000 Kentucky 1 17,~~751~~722,~~075~~941.4945 1.93 9998 6.2500 1.350000 Louisiana 2 6,~~246~~238,~~272~~158.2722 0.68 8281 5.8002 1.~~595084~~595091 Maryland 12 63,~~545~~447,~~588~~280.3320 6.90 9998 6.0166 1.~~604664~~604750 Massachusetts 2 8,~~102~~091,~~096~~507.9182 0.88 9998 5.9538 1.~~469941~~469950 Minnesota 2 6,~~297~~289,~~371~~023.5250 0.68 9998 6.3299 1.~~301927~~301949 Missouri 2 10,~~583~~570,~~544~~968.9460 1.15 8988 7.~~9602~~9603 2.~~034048~~033897 Nevada 4 3433,~~027~~999,~~482~~699.1910 3.70 9998 5.~~9575~~9572 1.~~562318~~562426 New Jersey 3 13,~~956~~940,~~154~~535.3351 1.52 9998 5.9909 1.~~380532~~380534 New Mexico 1 3,~~922~~918,~~624~~255.4555 0.43 ~~100~~99 6.0000 1.530000 New York 2 2,~~626~~622,~~525~~308.6301 0.29 6362 5.~~8517~~8511 1.~~747056~~747008 North Carolina 6 49,~~611~~572,~~839~~956.6333 5.39 ~~100~~99 6.~~1755~~1756 1.~~369817~~369734 Ohio 2 4,~~674~~668,~~459~~125.7564 0.51 9796 7.4000 1.368542 Oklahoma 3 7,~~155~~142,~~374~~373.4811 0.78 ~~112~~111 5.9579 1.~~489375~~489330 Oregon 1 3,~~102~~097,~~241~~084.8782 0.34 9998 5.9200 1.460000 Pennsylvania 2 23,~~755~~724,~~433~~136.6694 2.58 7271 5.~~7144~~7145 1.~~846990~~846974 South Carolina 1 7,~~013~~004,~~249~~560.3084 0.76 ~~100~~99 5.4100 1.560000 Tennessee 2 7,~~470~~462,~~392~~494.8337 0.81 9897 6.3353 1.~~422353~~422354 Texas 7 41,~~379~~328,~~186~~912.46 4.49 7170 5.9107 1.~~565249~~565264 Utah 2 17,~~522~~501,~~807~~786.2198 1.90 ~~100~~99 5.5900 1.372346 Virginia 4 18,~~974~~953,~~912~~169.7098 2.06 ~~100~~99 5.8506 1.~~523603~~523602 Washington 7 56,~~349~~312,~~492~~353.3258 6.12 9998 6.3519 1.~~257011~~257012 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.19 or less 1413 ~~152~~129,~~654~~015,~~915~~829.5625 1614.5803 9492 6.~~1407~~1937 1.~~103843~~127864 1.20 to 1.24 2 4,~~579~~573,~~617~~104.12 0.50 9998 6.~~3690~~3689 1.~~215139~~215141 1.25 to 1.29 6 44,~~231~~212,~~046~~296.8906 4.8081 ~~100~~99 6.~~2752~~2753 1.~~252361~~251942 1.30 to 1.34 8 49,~~962~~900,~~080~~423.8747 5.43 ~~104~~103 5.7694 1.~~327470~~327472 1.35 to 1.39 11 71,~~820~~730,~~046~~879.0849 7.80 9594 6.0325 1.~~364569~~364571 1.40 to 1.44 1011 ~~109~~133,~~913~~261,~~870~~618.9891 1114.9449 9998 6.~~0713~~0323 1.~~417427~~416119 1.45 to 1.49 12 74,~~783~~702,~~068~~655.7041 8.12 9493 5.9268 1.~~465553~~465556 1.50 to 1.54 8 47,~~541~~479,~~913~~926.1733 5.16 8685 5.9352 1.~~521518~~521519 1.55 to 1.59 12 57,~~619~~541,~~106~~608.1710 6.26 9998 5.8739 1.~~572610~~572611 1.60 to 1.64 11 46,~~901~~845,~~633~~030.3477 5.09 8382 5.~~9722~~9721 1.~~621389~~621388 1.65 to 1.69 4 21,~~843~~817,~~432~~774.9675 2.37 9594 6.~~2132~~2131 1.~~667749~~667748 1.70 to 1.74 6 47,~~889~~829,~~268~~162.7044 5.20 8382 6.~~3524~~3523 1.~~719871~~719870 1.75 to 1.79 3 45,~~790~~739,~~224~~122.7503 4.97 ~~100~~99 5.5658 1.782153 1.80 to 1.84 5 16,~~394~~370,~~201~~641.3721 1.78 ~~100~~99 6.8980 1.814359 1.85 to 1.89 6 45,~~174~~139,~~095~~473.2741 4.91 8685 5.~~6407~~6404 1.~~868121~~868117 1.90 to 1.94 3 24,~~160~~129,~~854~~186.6178 2.62 7372 5.7192 1.~~924399~~924398 1.95 to 1.99 0 0.00 0.00 0 0.0000 0.000000 2.00 to 2.09 5 19,~~232~~220,~~691~~919.9203 2.09 7372 5.~~7303~~7302 2.~~019416~~019426 2.10 to 2.24 2 31,~~819~~809,~~399~~267.0620 3.46 ~~100~~99 5.~~4479~~4475 2.~~190712~~190734 2.25 to 2.49 0 0.00 0.00 0 0.0000 0.000000 2.50 or greater 2 8,~~414~~402,~~326~~289.7865 0.91 9796 7.~~0371~~0372 2.~~944503~~944428 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 8 41,~~435~~386,~~767~~750.1579 4.50 7372 5.9357 1.~~518981~~518970 Lodging 11 57,~~818~~737,~~886~~869.0412 6.28 9897 7.1234 1.~~866930~~866928 Mixed Use 3 45,~~533~~481,~~575~~626.6467 4.95 9897 5.9292 1.~~233570~~233573 Mobile Home Park 6 27,~~149~~139,~~815~~047.2523 2.95 5857 5.~~5419~~5417 1.~~803869~~804007 Multi-Family 32 281,~~498~~282,~~331~~733.1558 30.5758 9695 5.7951 1.~~433665~~467899 Office 19 127,~~674~~495,~~191~~818.1034 13.8786 8382 5.~~8366~~8367 1.~~586987~~588430 Retail 45 ~~320~~319,~~223~~833,~~372~~197.6104 34.78 ~~100~~99 6.~~0849~~0848 1.~~477908~~479389 Self Storage 6 19,~~391~~364,~~855~~165.3462 2.11 ~~100~~99 6.0482 1.~~910593~~910571 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.999% or less 0 0.00 0.00 0 0.0000 0.000000 5.000% to 5.249% 1 25,000,000.00 2.72 ~~100~~99 5.1200 2.210000 5.250% to 5.499% 10 105,~~614~~525,~~476~~036.6706 11.47 8988 5.3927 1.~~727784~~727852 5.500% to 5.749% 18 170,~~847~~645,~~288~~209.0333 18.5655 8988 5.6481 1.~~455301~~455280 5.750% to 5.999% 28 196,~~319~~090,~~038~~288.7034 21.32 9190 5.9008 1.~~447957~~497004 6.000% to 6.249% 39 227,~~934~~654,~~332~~594.0613 24.7675 9897 6.0733 1.~~480043~~482112 6.250% to 6.499% 11 74,~~166~~101,~~869~~330.9846 8.06 ~~102~~101 6.3101 1.~~329182~~331534 6.500% to 6.749% 6 45,~~252~~220,~~686~~901.5738 4.9192 9190 6.5813 1.~~402563~~402420 6.750% to 6.999% 6 29,~~851~~807,~~449~~632.1631 3.24 9897 6.8196 1.~~527683~~527689 7.000% to 7.249% 2 4,~~979~~970,~~153~~827.8335 0.54 9594 7.1184 1.~~131514~~131142 7.250% to 7.499% 6 33,~~341~~294,~~043~~913.7183 3.62 9897 7.4007 1.859923 7.500% to 8.249% 1 2,~~265~~261,~~061~~461.5929 0.25 6059 8.2000 1.460000 8.250% to 8.749% 1 ~~949~~948,~~539~~091.0084 0.10 6059 8.5000 1.257022 8.750% or greater 1 4,~~204~~200,~~855~~922.0009 0.46 7675 8.8100 1.130000 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months ~~122~~120 ~~875~~868,~~422~~918,~~985~~893.1333 9594.0848 9493 5.~~9432~~9382 1.~~527396~~542959 25 to 36 months 46 3742,~~409~~919,~~605~~684.5397 4.0667 88 6.~~6957~~6989 1.~~210242~~175660 37 to 48 months 1 4,~~204~~200,~~855~~922.0009 0.46 7675 8.8100 1.130000 49 months and greater 3 3,~~688~~681,~~348~~708.6402 0.40 7473 8.~~1809~~1811 1.~~460407~~460310 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602

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 10 63,~~620~~563,~~915~~320.3913 6.91 4039 5.~~8950~~8948 1.~~686567~~686677 61 to 84 months 5 50,~~816~~778,~~542~~543.6295 5.52 6564 5.9117 1.~~484840~~484638 85 to 108 months 111 ~~797~~796,~~222~~347,~~309~~635.0661 86.59 9998 6.0076 1.~~503996~~516288 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 168 months 0 0.00 0.00 0 0.0000 0.000000 169 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 126 ~~911~~910,~~659~~689,~~767~~499.0769 99.02 9392 5.9944 1.~~515669~~526416

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 192 months 3 6,~~942~~914,~~954~~978.9434 0.75 ~~161~~160 6.~~0989~~0990 1.~~148539~~218340 193 to 264 months 1 2,~~123~~116,~~072~~730.2938 0.23 ~~196~~195 6.2800 1.310000 265 to 336 months 0 0.00 0.00 0 0.0000 0.000000 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 4 9,~~066~~031,~~027~~708.2372 0.98 ~~169~~168 6.~~1413~~1414 1.~~186350~~239822

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 9 131,860,000.00 14.3234 8584 5.7787 1.570818 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 192 months 0 0.00 0.00 0 0.0000 0.000000 193 to 264 months 4 20,~~389~~340,~~783~~283.0867 2.21 9392 6.~~2623~~2626 1.~~268282~~268298 265 to 336 months 3446 ~~219~~323,~~535~~955,~~383~~235.6532 2335.8422 90 6.~~4246~~3169 1.~~553871~~516439 337 months or greater 7967 ~~539~~434,~~874~~533,~~600~~980.3470 5847.6425 96 5.~~8621~~8068 1.~~496008~~532463 Totals 126 ~~911~~910,~~659~~689,~~767~~499.0769 99.02 9392 5.9944 1.~~515669~~526416

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 3 16,~~524~~504,~~078~~805.1547 1.79 9796 6.~~0206~~0205 1.~~349874~~349876 1 year or less 126 ~~903~~902,~~024~~040,977.9676 98.08 9493 5.9954 1.~~515769~~527163 1 to 2 years 1 1,~~176~~175,~~738~~425.1918 0.13 ~~100~~99 5.9900 1.230000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 130 ~~920~~919,~~725~~721,~~794~~208.3041 100.00 9493 5.~~9959~~9958 1.~~512426~~523602 (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 502737617 1 RT Chino CA ~~252~~243,~~236~~872.4455 4453,~~701~~064.0089 6.100% 502753516 2 RT McDonough GA ~~167~~162,~~858~~286.6089 3440,~~742~~313.1687 5.420% 502746711 3 MU Highland Park IL ~~156~~151,~~546~~348.9814 3035,~~291~~489.0286 5.900% 502754321 4 MF Liberty Lake WA ~~145~~140,~~588~~891.0667 0.00 6.380% 502755016 5 MF Stockton CA ~~110~~106,~~222~~666.2267 0.00 5.120% 502745113 6 MF Tampa FL ~~118~~114,~~487~~552.5880 2327,~~098~~033.2402 5.850% 502753714 7 MF San Diego CA ~~104~~101,~~603~~229.4717 0.00 5.650% 502742421 8 LO La Jolla CA ~~122~~118,~~078~~005.5777 2125,~~857~~930.4626 7.400% 502743311 9 MF Cary NC ~~107~~104,~~983~~500.3300 0.00 6.600% 410100012 10 RT Elizabethtown KY 9592,~~669~~453.4152 2428,~~918~~134.1504 6.250% 582000011 11 OF Scranton PA 8481,~~132~~318.0848 2124,~~317~~131.8747 5.610% 502760002 12 RT Las Vegas NV 9188,~~885~~842.87 15 18,~~418~~462.6941 6.200% 310100022 13 RT Poway CA 7774,~~131~~568.7832 1518,~~833~~397.7117 5.710% 310100033 14 OF Rockville MD 7471,~~336~~765.1176 3638,~~232~~802.5994 5.710% 502744001 15 MF Scottsdale AZ 6765,~~812~~558.7773 1416,~~516~~770.6468 5.500% 310100001 16 MF Hammond IN 6159,~~451~~379.3054 1820,~~196~~268.3713 5.900% 682000017 17 IN Fort Myers FL 6461,~~067~~943.0860 1113,~~156~~279.3987 6.110% 582000018 18 RT Puyallup WA 6966,~~216~~897.7043 1517,~~149~~468.2451 6.850% 502750923 19 MF San Antonio TX 5654,~~692~~807.39 11 13,~~998~~883.6795 5.650% 582000020 20 MF Riverton UT 5553,~~189~~354.7801 1113,~~903~~739.7148 5.590% 502743019 21 RT Emeryville CA 5856,~~578~~634.6594 1012,~~815~~758.2091 6.000% 682000022 22 OF Burbank CA 5654,~~593~~687.6797 1617,~~074~~980.3000 5.980% 502755612 23 MF Las Vegas NV 5048,~~202~~583.7833 0.00 5.300% 310100041 24 MH Fort Lauderdale FL 4746,~~912~~366.2267 0.00 5.350% 502751708 25 MF Gulf Breeze FL 5048,~~111~~447.8716 911,~~971~~636.6435 5.800% 682000026 26 MU Annapolis MD 5149,~~641~~928.02 911,~~447~~160.57 5.990% 310100007 27 OF Houston TX 5049,~~775~~089.0570 911,~~617~~303.7005 5.920% 310100034 28 RT Corona CA 4746,~~688~~103.9838 1011,~~034~~620.6020 5.650% 582000029 29 RT Orting WA 5048,~~581~~903.2714 910,~~309~~987.5164 5.990% 310100030 30 OF Fairfax VA 4846,~~110~~511.9599 911,~~876~~475.2723 5.710% 502742510 31 IN El Paso TX 4846,~~257~~656.5127 810,~~909~~510.6387 6.000% 310100021 32 OF Aurora IL 4443,~~900~~409.5834 810,~~845~~336.6185 5.810% 502751009 33 OF San Diego CA 4443,~~841~~353.0345 89,~~219~~706.1977 6.000% 582000034 34 OF Durham NC 4342,~~549~~103.7583 89,~~385~~831.7466 5.880% 310100024 35 MF Decatur GA 3938,~~381~~070.8930 910,~~130~~442.9352 5.415% 310100040 36 MH Fort Lauderdale FL 3938,~~619~~341.7267 0.00 5.350% 310100032 37 OF Silver Spirng MD 3837,~~565~~284.8916 79,~~916~~198.8558 5.710% 310100025 38 MF College Park GA 3534,~~669~~481.7276 89,~~270~~458.2420 5.415% 502750015 39 RT Bermuda Run NC 3938,~~581~~268.7160 78,~~255~~568.1829 6.000% 582000040 40 RT Hayward CA 4241,~~821~~404.3087 67,~~480~~896.0144 6.500% 310100027 41 MF Jonesboro GA 3331,~~016~~917.8626 78,~~655~~754.1676 5.415% 502752321 42 RT San Clemente CA 3635,~~495~~317.0983 0.00 5.870% 682000043 43 MF Sumter SC 3231,~~707~~618.4007 78,~~599~~688.1346 5.410% 502758020 44 LO Salisbury MD 3937,~~101~~790.0584 810,~~821~~131.6586 6.650% 502732004 45 RT Fuquay - Varina NC 3332,~~155~~054.1486 67,~~203~~303.2856 5.950% 502742430 46 LO St. Louis MO 4039,~~692~~335.8625 78,~~285~~643.8243 7.400% 502744604 47 RT Lakeland FL 3332,~~808~~688.6537 56,~~791~~911.1846 6.150% 502745010 48 RT Lebanon PA 3231,~~897~~805.1053 67,~~073~~165.6825 6.000% 502747902 49 RT Covington GA 3231,~~795~~707.8767 67,~~055~~143.0020 6.000% 582000050 50 MF Logan UT 2928,~~245~~273.8707 67,~~307~~280.9575 5.590% 310100028 51 MF Decatur GA 2827,~~272~~331.7716 67,~~555~~496.2283 5.415% 502752705 52 RT North Port FL 2928,~~511~~531.9223 6,~~008~~989.5625 5.730% 310100031 53 OF Gaithersburg MD 2827,~~654~~702.4613 56,~~882~~834.2255 5.710% 502748510 54 MF Greenville NC 2827,~~212~~275.9500 56,~~899~~837.9388 5.665% 502748213 55 RT Edison NJ 2928,~~434~~457.0188 56,~~285~~261.4861 6.050% 502754316 56 MF Hoboken NJ 27,~~964~~036.3826 56,~~287~~215.1123 5.910% 502745411 57 MF Victorville CA 2928,~~035~~074.9943 45,~~792~~754.6925 6.240% 582000058 58 RT Goleta CA 24,~~320~~222.5070 19,~~560~~657.0686 6.000% 310100008 59 OF North Adams MA 2625,~~254~~376.3223 67,~~225~~103.3948 6.010% 502739621 60 RT Clarksville TN 2827,~~007~~080.3129 45,~~433~~360.9294 6.375% 502744614 61 RT Bakersfield CA 2726,~~419~~511.5308 45,~~597~~506.7621 6.250% 582000062 62 SS Reno NV 2524,~~642~~779.4064 7,~~010~~873.7652 6.090% 682000063 63 MU Baltimore MD 2423,~~516~~703.8357 45,~~485~~298.2854 5.990% 502749325 64 IN Orlando FL 22,~~878~~118.6445 45,~~609~~369.0322 5.770% 582000065 65 MF Largo FL 2524,~~754~~901.1697 34,~~953~~805.0423 6.500% 310100036 66 LO Lakeland FL 25,~~891~~024.0237 56,~~550~~417.4510 6.800% 502748502 67 IN Orlando FL 2120,~~127~~424.2830 45,~~621~~324.2119 5.570% 502748709 68 IN San Diego CA 2221,~~040~~309.5132 4,~~039~~771.9413 6.000% 502744302 69 RT Anaheim CA 22,~~800~~045.8468 34,~~771~~526.2137 6.250% 582000070 70 RT Independence MO 3130,~~921~~870.5364 23,~~882~~932.0291 8.810% 582000071 71 RT Riverside CA 2120,~~349~~641.9039 34,~~994~~703.5405 5.950% 502754319 72 MF Albuquerque NM 2019,~~285~~613.9912 34,~~696~~368.0390 6.000% 502753401 73 SS Lake Mary FL 2019,~~285~~613.9912 34,~~696~~368.0390 6.000% 502751306 74 RT Franklin Park IL 2019,~~521~~840.4488 34,~~666~~347.7026 6.080% 310100037 75 LO Montgomery AL 2221,~~576~~820.0637 45,~~839~~595.7948 6.800% 502743602 76 RT Tucson AZ 21,~~878~~156.7406 3,~~028~~751.9967 6.700% 310100039 77 LO Tallahassee FL 2120,~~490~~770.1278 45,~~606~~326.9933 6.800% 502745007 78 MF Norfolk VA 18,~~747~~125.1017 34,~~436~~058.2720 6.000% 502753403 79 SS Altamonte Springs FL 1817,~~003~~406.8265 3,~~280~~877.2239 6.000% 310100026 80 MF College Park GA 1615,~~163~~625.7038 34,~~747~~285.6597 5.415% 502751502 81 RT Des Plaines IL 1817,~~507~~894.7790 3,~~042~~655.3320 6.250% 310100006 82 MF Minneapolis MN 1918,~~072~~432.1926 45,~~560~~199.0699 6.500% 682000083 83 RT Ontario CA 1817,~~016~~419.8947 3,~~192~~790.9335 6.100% 502751771 84 RT Virginia Beach VA 1615,~~355~~813.5808 23,~~979~~522.9242 6.000% 502747407 85 RT Wichita Falls TX 1615,~~547~~991.9208 45,~~494~~051.8367 6.150% 310100038 86 LO Savannah GA 1817,~~289~~677.4626 34,~~920~~533.8505 6.800% 410100011 87 IN Harahan LA 1514,~~320~~807.8134 4,~~051~~565.6007 5.700% 310100009 88 MH Eugene OR 15,~~838~~304.1139 45,~~623~~157.3305 5.920% 582000089 89 RT Shreveport LA 15,~~912~~383.0994 3,~~020~~548.8398 5.900% 310100035 90 LO Huntsville AL 1817,~~060~~456.8430 34,~~871~~476.8438 6.800% 582000091 91 IN Altamonte Springs FL 1514,~~266~~759.9869 3,~~095~~602.5685 5.740% 582000092 92 RT Weymouth MA 1514,~~331~~822.4636 23,~~976~~485.5161 5.860% 502742420 93 LO Miamisburg OH 18,~~948~~316.5842 34,~~392~~024.6480 7.400% 682000094 94 OF Lutherville MD 1514,~~239~~733.1666 23,~~787~~293.9646 5.990% 310100013 95 OF Monterey CA 1615,~~005~~476.9808 23,~~582~~112.7666 6.310% 582000096 96 RT Bartlesville OK 14,~~664~~176.1288 23,~~938~~425.4872 5.800% 310100018 97 OF Nassau Bay TX 1514,~~382~~872.8090 23,~~684~~193.0090 6.120% 582000098 98 MF St. Cloud MN 1514,~~292~~786.8403 23,~~641~~148.2203 6.130% 582000099 99 MF Chubbuck ID 17,~~682~~100.9310 2,~~094~~677.6447 7.110% 502740410 100 SS Santa Clarita CA 1514,~~057~~550.0844 4,~~075~~582.8549 6.160% 582000101 101 RT Kennesaw GA 14,~~707~~219.3451 23,~~679~~167.6346 6.000% 502750208 102 RT Toms River NJ 14,~~667~~180.1366 23,~~655~~141.5198 6.030% 502742414 103 LO Atlanta GA 1716,~~084~~514.7980 3,~~058~~628.9392 7.400% 310100010 104 MF Irving TX 1413,~~444~~958.8098 34,~~781~~267.1901 6.300% 502746701 105 RT Miami FL 13,~~604~~152.2181 2,~~511~~963.7111 6.000% 310100017 106 OF Tulsa OK 13,~~679~~225.3891 2,~~396~~850.6007 6.110% 502750309 107 MF Spokane WA 13,~~526~~090.3300 0.00 5.950% 682000108 108 OF Lutherville MD 12,~~657~~237.1126 2,~~315~~735.5843 5.990% 502746826 109 MF Virginia Beach VA 12,~~475~~062.8807 2,~~273~~686.0687 6.000% 502747320 110 RT Knoxville TN 12,~~782~~358.3499 2,~~114~~537.1752 6.250% 582000111 111 MF Spokane WA 11,~~627~~236.9721 3,~~384~~775.1086 5.910% 582000112 112 RT Phoenix MD 1615,~~015~~477.4892 3,~~062~~600.7430 8.200% 502744605 113 RT Largo FL 1211,~~062~~663.6407 2,~~024~~423.1572 6.200% 582000114 114 SS Everett WA 11,~~776~~380.4226 3,~~197~~593.5672 6.110% 502739403 115 RT Duluth GA 12,~~882~~436.7627 5,~~202~~649.5201 7.130% 582000116 116 RT Wilson NC 11,~~513~~110.2274 56,~~939~~341.4391 6.280% 310100020 117 MH Lakeland FL 1110,~~157~~787.3022 2,~~032~~402.7078 6.000% 582000118 118 OF New Windsor NY 109,~~206~~866.6190 2,~~284~~624.7546 5.500% 682000119 119 OF Owings Mills MD 10,~~995~~631.5328 12,~~852~~216.6994 6.190% 502751313 120 SS Landover Hills MD 10,~~357~~008.6355 3,~~044~~393.6270 5.900% 410100004 121 RT Mesa AZ 10,~~566~~216.6468 12,~~747~~097.7066 6.250% 502750605 122 RT Decatur GA 9,~~753~~428.1618 2,~~042~~367.2624 6.090% 310100003 123 MF Dallas TX 8,~~730~~440.9076 12,~~773~~063.4155 5.750% 310100002 124 MH Santa Maria CA 98,~~008~~709.4473 1,~~596~~895.4718 6.100% 582000125 125 RT Tulsa OK 8,~~427~~123.2934 6,~~421~~725.6358 6.000% 502742418 126 LO Columbus OH 10,~~872~~509.1442 12,~~946~~309.5931 7.400% 682000127 127 OF Owings Mills MD 7,~~594~~342.2736 1,~~389~~641.3526 5.990% 310100044 128 MH Spokane WA 65,~~075~~873.4188 1,~~111~~313.4801 5.990% 582000129 129 RT Las Vegas NV 6,~~958~~725.9890 1,~~214~~447.0816 8.500% 582000130 130 IN Commack NY 2,~~951~~941.0219 1,~~583~~593.3316 7.450% Totals 4,~~757~~600,~~412~~456.8929 ~~868~~1,~~795~~004,585.5089

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 502737617 N/A 11/11/2012 N 4847,~~019~~974,~~629~~928.82 47,~~974~~921,~~928~~863.8293 0809/11/2004 502753516 N/A 01/11/2013 N 35,~~965~~930,~~419~~677.2408 35,~~930~~890,~~677~~363.0821 0910/11/2004 502746711 N/A 10/11/2012 N 30,~~812~~782,~~964~~673.0200 30,~~782~~747,~~673~~183.0014 0809/11/2004 502754321 N/A 02/11/2013 N 26,500,000.00 26,500,000.00 0910/11/2004 502755016 N/A 01/11/2013 N 25,000,000.00 25,000,000.00 0809/11/2004 502745113 N/A 12/11/2012 N 23,~~521~~498,~~107~~009.5935 23,~~498~~470,~~009~~976.3533 0810/11/2004 502753714 N/A 01/11/2010 N 21,500,000.00 21,500,000.00 0910/11/2004 502742421 N/A 10/11/2012 N 19,~~157~~136,~~927~~070.4701 19,~~136~~110,~~070~~139.0175 0809/11/2004 502743311 N/A 08/01/2012 N 19,000,000.00 19,000,000.00 0910/01/2004 410100012 N/A 12/11/2012 N 17,~~775~~751,~~993~~075.6449 17,~~751~~722,~~075~~941.4945 0809/11/2004 582000011 12/11/2009 12/11/2030 N 17,~~415~~394,~~645~~327.3952 17,~~394~~370,~~327~~196.5205 0910/11/2004 502760002 01/11/2013 01/11/2033 N 17,~~210~~195,~~673~~254.6899 17,~~195~~176,~~254~~792.9958 0910/11/2004 310100022 N/A 01/11/2013 N 15,~~686~~671,~~933~~099.2958 15,~~671~~652,~~099~~702.5841 0910/11/2004 310100033 01/11/2013 01/11/2023 N 15,~~118~~082,~~354~~121.0142 15,~~082~~043,~~121~~318.4248 0809/11/2004 502744001 N/A 01/11/2013 N 14,~~318~~303,~~239~~723.6400 14,~~303~~286,~~723~~952.0032 0809/11/2004 310100001 N/A 11/11/2012 N 12,~~095~~077,~~390~~193.3699 12,~~077~~056,~~193~~925.9986 0910/11/2004 682000017 N/A 01/11/2013 N 12,~~176~~165,~~838~~682.6021 12,~~165~~152,~~682~~402.2134 09/11/2004 582000018 N/A 08/01/2012 N 11,~~734~~719,~~407~~257.0783 11,~~719~~701,~~257~~789.8332 0910/01/2004 502750923 N/A 12/11/2012 N 11,~~652~~640,~~447~~448.6295 11,~~640~~626,~~448~~565.9500 09/11/2004 582000020 N/A 01/11/2013 N 11,~~465~~453,~~358~~455.7504 11,~~453~~439,~~455~~715.0456 0810/11/2004 502743019 11/11/2012 11/11/2032 N 11,~~337~~326,~~803~~988.7353 11,~~326~~314,~~988~~229.5362 0810/11/2004 682000022 N/A 01/01/2008 N 10,~~990~~974,~~248~~173.0575 10,~~974~~956,~~173~~193.75 0910/01/2004 502755612 N/A 12/11/2012 N 11,000,000.00 11,000,000.00 0910/11/2004 310100041 N/A 01/11/2008 N 10,400,000.00 10,400,000.00 0810/11/2004 502751708 N/A 12/11/2012 N 10,~~033~~023,~~521~~550.7006 10,~~023~~011,~~550~~913.0671 0809/11/2004 682000026 N/A 01/01/2013 N 10,~~011~~002,~~721~~274.6306 109,~~002~~991,~~274~~113.0649 0910/01/2004 310100007 N/A 12/11/2007 N 9,~~960~~950,~~232~~614.0838 9,~~950~~939,~~614~~311.3833 0810/11/2004 310100034 N/A 01/11/2013 N 9,~~801~~791,~~902~~868.7616 9,~~791~~780,~~868~~247.1696 09/11/2004 582000029 N/A 12/11/2012 N 9,~~806~~796,~~266~~956.3685 9,~~796~~785,~~956~~969.8521 09/11/2004 310100030 01/11/2013 01/11/2033 N 9,~~784~~774,~~724~~848.7245 9,~~774~~763,~~848~~373.4522 0809/11/2004 502742510 N/A 11/11/2007 N 9,~~340~~331,~~162~~253.8825 9,~~331~~320,~~253~~742.2538 0910/11/2004 310100021 N/A 01/11/2013 N 8,~~974~~965,~~630~~785.9736 8,~~965~~955,~~785~~448.3651 0809/11/2004 502751009 N/A 12/11/2012 N 8,~~678~~670,~~908~~689.9980 8,~~670~~660,~~689~~983.8003 0809/11/2004 582000034 12/11/2011 12/11/2032 N 8,~~601~~592,~~004~~618.6389 8,~~592~~582,~~618~~787.8923 0809/11/2004 310100024 N/A 01/11/2013 N 8,~~445~~436,~~762~~631.5764 8,~~436~~426,~~631~~189.6412 0809/11/2004 310100040 N/A 01/11/2008 N 8,600,000.00 8,600,000.00 0810/11/2004 310100032 01/11/2013 01/11/2033 N 7,~~843~~835,~~466~~549.7691 7,~~835~~826,~~549~~351.9133 0809/11/2004 310100025 N/A 01/11/2013 N 7,~~649~~641,~~657~~387.6339 7,~~641~~631,~~387~~929.3919 0809/11/2004 502750015 N/A 12/11/2012 N 7,~~660~~653,~~975~~720.8668 7,~~653~~645,~~720~~152.6839 0809/11/2004 582000040 N/A 10/11/2012 N 7,~~650~~643,~~456~~976.3433 7,~~643~~636,~~976~~079.3389 0910/11/2004 310100027 N/A 01/11/2013 N 7,~~080~~073,~~731~~076.5539 7,~~073~~064,~~076~~321.3963 0809/11/2004 502752321 N/A 01/11/2013 N 7,220,000.00 7,220,000.00 0809/11/2004 682000043 N/A 01/11/2013 N 7,~~020~~013,~~848~~249.4330 7,~~013~~004,~~249~~560.3084 0809/11/2004 502758020 N/A 01/11/2013 N 6,~~828~~819,~~220~~399.7106 6,~~819~~809,~~399~~267.0620 0810/11/2004 502732004 N/A 12/01/2012 N 6,~~471~~464,~~048~~845.7547 6,~~464~~457,~~845~~541.4791 0910/01/2004 502742430 N/A 10/11/2012 N 6,~~385~~378,~~975~~689.7694 6,~~378~~370,~~689~~046.9451 0809/11/2004 502744604 N/A 01/11/2013 N 6,~~384~~378,~~009~~218.6042 6,~~378~~371,~~218~~306.4296 0809/11/2004 502745010 N/A 11/11/2012 N 6,~~367~~361,~~179~~106.8214 6,~~361~~353,~~106~~940.1489 0910/11/2004 502747902 N/A 11/11/2012 N 6,~~347~~341,~~588~~533.49 6,~~341~~334,~~533~~390.4929 0809/11/2004 582000050 N/A 01/11/2013 N 6,~~075~~069,~~660~~352.1217 6,~~069~~062,~~352~~071.1742 0810/11/2004 310100028 N/A 01/11/2013 N 6,~~063~~056,~~323~~767.0482 6,~~056~~049,~~767~~270.8299 0809/11/2004 502752705 N/A 01/11/2013 N 5,~~981~~975,~~134~~126.8529 5,~~975~~968,~~126~~137.2904 0910/11/2004 310100031 01/11/2013 01/11/2033 N 5,~~827~~821,~~695~~813.7250 5,~~821~~814,~~813~~978.5095 0809/11/2004 502748510 N/A 01/11/2013 N 5,~~783~~777,~~482~~582.2330 5,~~777~~770,~~582~~744.3042 0809/11/2004 502748213 N/A 12/11/2012 N 5,~~649~~644,~~822~~537.7426 5,~~644~~638,~~537~~275.2665 0809/11/2004 502754316 N/A 01/11/2013 N 5,~~494~~489,~~883~~596.1504 5,~~489~~483,~~596~~380.0481 09/11/2004 502745411 N/A 01/01/2013 N 5,~~403~~398,~~720~~928.7607 5,~~398~~393,~~928~~173.0782 0910/01/2004 582000058 N/A 02/11/2018 N 4,~~864~~844,~~099~~539.6054 4,~~844~~824,~~539~~881.5468 0910/11/2004 310100008 N/A 12/11/2012 N 5,~~073~~066,~~026~~800.2283 5,~~066~~059,~~800~~697.8335 0809/11/2004 502739621 N/A 11/01/2012 N 5,~~101~~097,~~900~~466.3341 5,~~097~~092,~~466~~105.4147 0910/01/2004 502744614 N/A 10/01/2012 N 5,~~094~~090,~~726~~128.0731 5,~~090~~084,~~128~~622.3110 0910/01/2004 582000062 N/A 01/11/2013 N 4,~~889~~882,~~698~~688.9620 4,~~882~~874,~~688~~814.2068 0809/11/2004 682000063 N/A 01/01/2013 N 4,~~753~~748,~~113~~628.8658 4,~~748~~743,~~628~~330.5804 0910/01/2004 502749325 N/A 12/11/2009 N 4,~~604~~600,~~634~~025.0704 4,~~600~~594,~~025~~655.0482 0809/11/2004 582000065 N/A 08/01/2007 N 4,~~601~~597,~~239~~286.6763 4,~~597~~592,~~286~~481.6340 0910/01/2004 310100036 N/A 01/11/2013 N 4,~~421~~416,~~616~~065.3792 4,~~416~~409,~~065~~648.9282 0910/11/2004 502748502 N/A 12/11/2007 N 4,~~404~~400,~~830~~209.4221 4,~~400~~394,~~209~~885.2102 0809/11/2004 502748709 N/A 12/11/2012 N 4,~~265~~261,~~904~~864.3844 4,~~261~~257,~~864~~093.4431 0809/11/2004 502744302 12/11/2012 12/11/2032 N 4,~~236~~232,~~542~~771.2908 4,~~232~~228,~~771~~244.0871 0809/11/2004 582000070 N/A 01/01/2011 N 4,~~207~~204,~~737~~855.0200 4,~~204~~200,~~855~~922.00 09 10/01/2004 582000071 12/01/2012 12/01/2032 N 4,~~166~~162,~~963~~968.1763 4,~~162~~158,~~968~~265.6358 0910/01/2004 502754319 N/A 01/11/2013 N 3,~~926~~922,~~320~~624.4845 3,~~922~~918,~~624~~255.4555 0809/11/2004 502753401 N/A 01/11/2013 N 3,~~926~~922,~~320~~624.4845 3,~~922~~918,~~624~~255.4555 0809/11/2004 502751306 11/11/2012 11/11/2032 N 3,~~919~~915,~~630~~963.6292 3,~~915~~911,~~963~~616.9266 0809/11/2004 310100037 N/A 01/11/2013 N 3,~~855~~850,~~493~~653.3354 3,~~850~~845,~~653~~058.5406 0910/11/2004 502743602 11/11/2012 11/11/2032 N 3,~~792~~789,~~174~~145.6162 3,~~789~~785,~~145~~393.6295 0809/11/2004 310100039 N/A 01/11/2013 N 3,~~670~~665,~~039~~432.2627 3,~~665~~660,~~432~~105.2794 0910/11/2004 502745007 N/A 12/11/2012 N 3,~~628~~625,~~470~~034.3912 3,~~625~~620,~~034~~975.1292 0910/11/2004 502753403 N/A 01/11/2013 N 3,~~484~~481,~~609~~329.4725 3,~~481~~477,~~329~~451.2586 0809/11/2004 310100026 N/A 01/11/2013 N 3,~~466~~462,~~434~~687.7005 3,~~462~~458,~~687~~401.05 08 09/11/2004 502751502 N/A 01/11/2013 N 3,~~438~~435,~~862~~820.4108 3,~~435~~432,~~820~~164.0888 0910/11/2004 310100006 N/A 12/11/2012 N 3,~~407~~402,~~438~~878.9993 3,~~402~~397,~~878~~678.9394 0809/11/2004 682000083 N/A 11/01/2012 N 3,~~429~~426,~~973~~780.5259 3,~~426~~422,~~780~~990.5924 0910/01/2004 502751771 01/11/2013 01/11/2033 N 3,~~165~~162,~~595~~616.9604 3,~~162~~159,~~616~~093.0462 0809/11/2004 502747407 11/11/2012 11/11/2027 N 3,~~124~~120,~~705~~210.7592 3,~~120~~115,~~210~~159.9225 0910/11/2004 310100038 N/A 01/11/2013 N 3,~~123~~119,~~437~~516.6277 3,~~119~~114,~~516~~983.7772 0910/11/2004 410100011 N/A 01/11/2010 N 3,~~121~~117,~~386~~335.6606 3,~~117~~112,~~335~~769.0699 0809/11/2004 310100009 N/A 12/11/2012 N 3,~~106~~102,~~865~~241.2087 3,~~102~~097,~~241~~084.8782 0910/11/2004 582000089 01/11/2013 01/11/2033 N 3,~~131~~128,~~958~~937.0421 3,~~128~~125,~~937~~388.2123 0809/11/2004 310100035 N/A 01/11/2013 N 3,~~084~~080,~~394~~522.6783 3,~~080~~076,~~522~~046.8345 0910/11/2004 582000091 N/A 01/11/2013 N 3,~~088~~085,~~745~~649.4589 3,~~085~~082,~~649~~047.8904 0809/11/2004 582000092 N/A 12/11/2012 N 3,~~038~~035,~~272~~296.5908 3,~~035~~031,~~296~~810.0847 0810/11/2004 502742420 N/A 10/11/2012 N 2,~~973~~970,~~622~~229.2359 2,~~970~~966,~~229~~204.5979 0809/11/2004 682000094 N/A 01/01/2013 N 2,~~954~~951,~~439~~651.4852 2,~~951~~948,~~651~~358.5206 0910/01/2004 310100013 N/A 12/11/2012 N 2,~~945~~943,~~735~~153.8206 2,~~943~~940,~~153~~040.0640 0910/11/2004 582000096 N/A 11/11/2012 N 2,~~936~~933,~~086~~148.4901 2,~~933~~929,~~148~~722.0129 0809/11/2004 310100018 N/A 12/11/2012 N 2,~~918~~916,~~938~~254.14 2,~~916~~913,~~254~~060.1424 0809/11/2004 582000098 N/A 01/11/2013 N 2,~~897~~894,~~133~~492.8159 2,~~894~~891,~~492~~344.5956 0809/11/2004 582000099 N/A 09/01/2012 N 2,~~888~~886,~~187~~092.4076 2,~~886~~883,~~092~~415.7629 0910/01/2004 502740410 N/A 11/11/2012 N 2,~~838~~834,~~577~~501.2035 2,~~834~~829,~~501~~918.3586 0910/11/2004 582000101 N/A 01/11/2013 N 2,~~846~~843,~~582~~902.2764 2,~~843~~840,~~902~~735.6418 0809/11/2004 502750208 12/11/2012 12/11/2032 N 2,~~824~~822,~~676~~021.5403 2,~~822~~818,~~021~~879.0305 0809/11/2004 502742414 N/A 10/11/2012 N 2,~~681~~678,~~134~~075.8996 2,~~678~~674,~~075~~447.9604 0809/11/2004 310100010 N/A 09/11/2012 N 2,~~662~~658,~~635~~853.1091 2,~~658~~654,~~853~~586.9190 0809/11/2004 502746701 N/A 11/11/2012 N 2,~~633~~630,~~073~~561.6695 2,~~630~~627,~~561~~598.9584 0809/11/2004 310100017 N/A 12/11/2012 N 2,~~599~~597,~~955~~559.7212 2,~~597~~594,~~559~~709.1205 0809/11/2004 502750309 N/A 12/11/2012 N 2,640,000.00 2,640,000.00 0809/11/2004 682000108 N/A 01/01/2013 N 2,~~453~~451,~~853~~537.4183 2,~~451~~448,~~537~~802.8340 0910/01/2004 502746826 N/A 01/11/2013 N 2,~~414~~412,~~687~~414.1509 2,~~412~~409,~~414~~727.0922 0809/11/2004 502747320 12/11/2012 12/11/2032 N 2,~~375~~372,~~040~~926.5942 2,~~372~~370,~~926~~388.4290 0809/11/2004 582000111 N/A 01/11/2013 N 2,~~284~~281,~~848~~464.3020 2,~~281~~277,~~464~~688.2034 0809/11/2004 582000112 N/A 09/01/2009 N 2,~~268~~265,~~124~~061.3359 2,~~265~~261,~~061~~461.5929 0910/01/2004 502744605 N/A 01/11/2013 N 2,~~259~~257,~~392~~367.0287 2,~~257~~254,~~367~~944.8715 0809/11/2004 582000114 N/A 01/11/2013 N 2,~~238~~235,~~272~~075.8125 2,~~235~~231,~~075~~481.2553 0809/11/2004 502739403 N/A 06/01/2012 N 2,~~098~~093,~~263~~061.5907 2,~~093~~087,~~061~~412.0706 0910/01/2004 582000116 N/A 01/11/2021 N 2,~~129~~123,~~011~~072.7229 2,~~123~~116,~~072~~730.2938 0809/11/2004 310100020 N/A 01/11/2013 N 2,~~159~~157,~~477~~444.6292 2,~~157~~155,~~444~~042.9214 0809/11/2004 582000118 N/A 01/11/2008 N 2,~~155~~152,~~062~~777.3358 2,~~152~~150,~~777~~153.5812 0809/11/2004 682000119 N/A 01/01/2013 N 2,~~062~~060,~~844~~991.1344 2,~~060~~058,~~991~~774.4450 0910/01/2004 502751313 N/A 12/11/2012 N 2,~~038~~035,~~681~~636.4684 2,~~035~~032,~~636~~243.8414 0910/11/2004 410100004 N/A 12/11/2012 N 1,~~963~~961,~~350~~602.6393 1,~~961~~959,~~602~~505.9327 0910/11/2004 502750605 N/A 01/11/2013 N 1,~~859~~857,~~811~~769.8963 1,~~857~~855,~~769~~402.6339 0910/11/2004 310100003 N/A 12/11/2012 N 1,~~763~~761,~~324~~550.3392 1,~~761~~759,~~550~~487.9237 0809/11/2004 310100002 N/A 11/11/2012 N 1,~~714~~713,~~986~~390.7528 1,~~713~~711,~~390~~495.2810 0910/11/2004 582000125 N/A 01/11/2018 N 1,~~631~~624,~~088~~667.9835 1,~~624~~617,~~667~~941.3577 0809/11/2004 502742418 N/A 10/11/2012 N 1,~~706~~704,~~176~~230.7516 1,~~704~~701,~~230~~920.1685 0809/11/2004 682000127 N/A 01/01/2013 N 1,~~472~~470,~~311~~922.9358 1,~~470~~469,~~922~~281.5832 0910/01/2004 310100044 N/A 01/11/2013 N 1,~~177~~176,~~849~~738.6719 1,~~176~~175,~~738~~425.1918 0809/11/2004 582000129 N/A 09/01/2009 N ~~950,753.08~~ 949,539.00 948,091.84 09/01/2004 582000130 N/A 10/01/2018 N ~~475,331.38~~ 473,748.05 09472,154.89 10/11/2004 Totals ~~921,594,589.80~~ 920,725,794.30 919,721,208.41

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 0910/15/2004 0 $0.00 0 $0.00 0 $0.00 0809/1615/2004 0 $0.00 0 $0.00 0 $0.00 0708/1516/2004 0 $0.00 0 $0.00 0 $0.00 0607/15/2004 0 $0.00 0 $0.00 0 $0.00 0506/1715/2004 0 $0.00 0 $0.00 0 $0.00 0405/1517/2004 0 $0.00 0 $0.00 0 $0.00 0304/15/2004 0 $0.00 0 $0.00 0 $0.00 0203/1715/2004 0 $0.00 0 $0.00 0 $0.00 0102/1517/2004 0 $0.00 0 $0.00 0 $0.00 1201/15/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00 1112/1715/2003 0 $0.00 0 $0.00 0 $0.00 1011/1517/2003 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 0910/15/2004 0 $0.00 0 $0.00 0 $0.00 0809/1615/2004 0 $0.00 0 $0.00 0 $0.00 0708/1516/2004 0 $0.00 0 $0.00 0 $0.00 0607/15/2004 0 $0.00 0 $0.00 0 $0.00 0506/1715/2004 0 $0.00 0 $0.00 0 $0.00 0405/1517/2004 0 $0.00 0 $0.00 0 $0.00 0304/15/2004 0 $0.00 0 $0.00 0 $0.00 0203/1715/2004 0 $0.00 0 $0.00 0 $0.00 0102/1517/2004 0 $0.00 0 $0.00 0 $0.00 1201/15/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00 1112/1715/2003 0 $0.00 0 $0.00 0 $0.00 1011/1517/2003 0 $0.00 0 $0.00 0 $0.00

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 10/15/2004 0 $0.00 0 $0.00 5.995814% 5.946388% 93 09/15/2004 0 $0.00 0 $0.00 5.995865% 5.946438% 94 08/16/2004 0 $0.00 0 $0.00 5.995905% 5.946477% 95 07/15/2004 0 $0.00 0 $0.00 5.995944% 5.946515% 96 06/15/2004 0 $0.00 0 $0.00 5.996018% 5.946589% 97 05/17/2004 0 $0.00 0 $0.00 5.996078% 5.946647% 98 04/15/2004 0 $0.00 0 $0.00 5.996151% 5.946719% 99 03/15/2004 0 $0.00 0 $0.00 5.996209% 5.946776% 100 02/17/2004 0 $0.00 0 $0.00 5.996295% 5.946861% 101 01/15/2004 0 $0.00 0 $0.00 5.996352% 5.946916% 102 12/15/2003 0 $0.00 0 $0.00 5.996408% 5.946971% 103 11/17/2003 0 $0.00 0 $0.00 5.996478% 5.947040% 104 ~~10/15/2003 0 $0.00 0 $0.00 5.996533% 5.947094% 105~~ 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 502737617 1 0 0809/11/2004 295,~~336~~338.7828 295,~~336~~338.7828 A 502746711 3 0 0809/11/2004 185,~~810~~811.9092 185,~~810~~811.9092 A 502755016 5 0 0809/11/2004 ~~109~~105,~~388~~833.8833 ~~109~~105,~~388~~833.8833 A ~~502745113 6 0 08/11/2004 140,605.78 140,605.78 A~~ 502742421 8 0 0809/11/2004 143,~~297~~298.4317 143,~~297~~298.4317 A 410100012 10 0 0809/11/2004 119,~~254~~256.3723 119,~~254~~256.3723 A 310100033 14 0 0809/11/2004 110,~~064~~065.7696 110,~~064~~065.7696 A 502744001 15 0 0809/11/2004 81,852.1361 81,852.1361 A ~~582000020~~682000017 2017 0 0809/11/2004 6674,~~711~~311.3105 6674,~~711~~311.3105 A ~~502743019~~502750923 2119 0 0809/11/2004 6968,~~015~~303.9304 6968,~~015~~303.9304 A ~~310100041~~502751708 2425 0 0809/11/2004 4759,~~565~~749.5639 4759,~~565~~749.5639 A ~~502751708~~310100034 2528 0 0809/11/2004 5957,~~749~~397.0518 5957,~~749~~397.0518 A ~~310100007~~582000029 2729 0 0809/11/2004 6059,~~060~~564.7522 6059,~~060~~564.7522 A 310100030 30 0 0809/11/2004 57,661.0640 57,661.0640 A 310100021 32 0 0809/11/2004 53,447.0333 53,447.0333 A 502751009 33 0 0809/11/2004 52,~~481~~482.6218 52,~~481~~482.6218 A 582000034 34 0 0809/11/2004 51,~~648~~649.7907 51,~~648~~649.7907 A 310100024 35 0 0809/11/2004 48,231.3060 48,231.3060 A ~~310100040 36 0 08/11/2004 39,333.06 39,333.06 A~~ 310100032 37 0 0809/11/2004 46,221.3056 46,221.3056 A 310100025 38 0 0809/11/2004 43,~~684~~685.9824 43,~~684~~685.9824 A 502750015 39 0 0809/11/2004 46,581.5377 46,581.5377 A 310100027 41 0 0809/11/2004 40,436.0026 40,436.0026 A 502752321 42 0 0809/11/2004 3635,~~254~~077.4317 3635,~~254~~077.4317 A 682000043 43 0 0809/11/2004 40,072.5175 40,072.5175 A ~~502758020 44 0 08/11/2004 47,695.10 47,695.10 A~~ 502742430 46 0 0809/11/2004 47,~~765~~766.8206 47,~~765~~766.8206 A 502744604 47 0 0809/11/2004 39,387.0323 39,387.0323 A 502747902 49 0 0809/11/2004 38,639.2949 38,639.2949 A ~~582000050 50 0 08/11/2004 35,351.30 35,351.30 A~~ 310100028 51 0 0809/11/2004 34,~~625~~626.8709 34,~~625~~626.8709 A 310100031 53 0 0809/11/2004 34,342.4262 34,342.4262 A 502748510 54 0 0809/11/2004 33,920.1030 33,920.1030 A 502748213 55 0 0809/11/2004 34,531.1733 34,531.1733 A 502754316 56 0 09/11/2004 33,068.51 33,068.51 A 310100008 59 0 0809/11/2004 32,310.6181 32,310.6181 A 582000062 62 0 0809/11/2004 32,490.1840 32,490.1840 A 502749325 64 0 0809/11/2004 27,334.1933 27,334.1933 A 502748502 67 0 0809/11/2004 25,601.6781 25,601.6781 A 502748709 68 0 0809/11/2004 25,796.0533 25,796.0533 A 502744302 69 0 0809/11/2004 26,430.8395 26,430.8395 A 502754319 72 0 0809/11/2004 23,851.1426 23,851.1426 A 502753401 73 0 0809/11/2004 23,851.1426 23,851.1426 A 502751306 74 0 0809/11/2004 24,057.4860 24,057.4860 A 502743602 76 0 0809/11/2004 24,781.3343 24,781.3343 A 502753403 79 0 0809/11/2004 21,~~167~~168.8800 21,~~167~~168.8800 A 310100026 80 0 0809/11/2004 19,795.8193 19,795.8193 A 310100006 82 0 0809/11/2004 23,518.6783 23,518.6783 A 502751771 84 0 0809/11/2004 19,~~229~~230.9808 19,~~229~~230.9808 A 410100011 87 0 0809/11/2004 19,086.2965 19,086.2965 A 582000089 89 0 0809/11/2004 18,828.5262 18,828.5262 A 582000091 91 0 0809/11/2004 18,259.5868 18,259.5868 A ~~582000092 92 0 08/11/2004 18,206.69 18,206.69 A~~ 502742420 93 0 0809/11/2004 22,242.1022 22,242.1022 A 582000096 96 0 0809/11/2004 17,504.7482 17,504.7482 A 310100018 97 0 0809/11/2004 17,969.5059 17,969.5059 A 582000098 98 0 0809/11/2004 17,837.4858 17,837.4858 A 582000101 101 0 0809/11/2004 17,292.0917 17,292.0917 A 502750208 102 0 0809/11/2004 17,228.4858 17,228.4858 A 502742414 103 0 0809/11/2004 20,054.3446 20,054.3446 A 310100010 104 0 0809/11/2004 18,137.2437 18,137.2437 A 502746701 105 0 0809/11/2004 16,028.1624 16,028.1624 A 310100017 106 0 0809/11/2004 15,989.3240 15,989.3240 A 502750309 107 0 0809/11/2004 13,~~438~~002.3300 13,~~438~~002.3300 A 502746826 109 0 0809/11/2004 14,668.4652 14,668.4652 A 502747320 110 0 0809/11/2004 14,817.3441 14,817.3441 A 582000111 111 0 0809/11/2004 14,~~935~~936.9103 14,~~935~~936.9103 A 502744605 113 0 0809/11/2004 14,011.4755 14,011.4755 A 582000114 114 0 0809/11/2004 14,899.3848 14,899.3848 A 582000116 116 0 0809/11/2004 17,381.6989 17,381.6989 A 310100020 117 0 0809/11/2004 13,118.0208 13,118.0208 A 582000118 118 0 0809/11/2004 12,419.5260 12,419.5260 A 310100003 123 0 0809/11/2004 10,445.5359 10,445.5359 A 582000125 125 0 0809/11/2004 14,794.5676 14,794.5676 A 502742418 126 0 0809/11/2004 12,761.8593 12,761.8593 A 310100044 128 0 0809/11/2004 7,147.6367 7,147.6367 A 582000129 129 0 09/01/2004 8,141.40 8,141.40 A Totals 7572 32,~~170~~941,~~746~~833.5265 32,~~170~~941,~~746~~833.5265

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 502737617 4847,~~019~~974,~~629~~928.82 0.00 502746711 30,~~812~~782,~~964~~673.0200 0.00 502755016 25,000,000.00 0.00 ~~502745113 23,521,107.59 0.00~~ 502742421 19,~~157~~136,~~927~~070.4701 0.00 410100012 17,~~775~~751,~~993~~075.6449 0.00 310100033 15,~~118~~082,~~354~~121.0142 0.00 502744001 14,~~318~~303,~~239~~723.6400 0.00 ~~582000020~~682000017 1112,~~465~~165,~~358~~682.7521 0.00 ~~502743019~~502750923 11,~~337~~640,~~803~~448.7395 0.00 ~~310100041~~502751708 10,~~400~~023,~~000~~550.0006 0.00 ~~502751708~~310100034 109,~~033~~791,~~521~~868.7016 0.00 ~~310100007~~582000029 9,~~960~~796,~~232~~956.0885 0.00 310100030 9,~~784~~774,~~724~~848.7245 0.00 310100021 8,~~974~~965,~~630~~785.9736 0.00 502751009 8,~~678~~670,~~908~~689.9980 0.00 582000034 8,~~601~~592,~~004~~618.6389 0.00 310100024 8,~~445~~436,~~762~~631.5764 0.00 ~~310100040 8,600,000.00 0.00~~ 310100032 7,~~843~~835,~~466~~549.7691 0.00 310100025 7,~~649~~641,~~657~~387.6339 0.00 502750015 7,~~660~~653,~~975~~720.8668 0.00 310100027 7,~~080~~073,~~731~~076.5539 0.00 502752321 7,220,000.00 0.00 682000043 7,~~020~~013,~~848~~249.4330 0.00 ~~502758020 6,828,220.71 0.00~~ 502742430 6,~~385~~378,~~975~~689.7694 0.00 502744604 6,~~384~~378,~~009~~218.6042 0.00 502747902 6,~~347~~341,~~588~~533.49 0.00 ~~582000050~~310100028 6,~~075~~056,~~660~~767.1282 0.00 ~~310100028~~310100031 65,~~063~~821,~~323~~813.0450 0.00 ~~310100031~~502748510 5,~~827~~777,~~695~~582.7230 0.00 ~~502748510~~502748213 5,~~783~~644,~~482~~537.2326 0.00 ~~502748213~~502754316 5,~~649~~489,~~822~~596.7404 0.00 310100008 5,~~073~~066,~~026~~800.2283 0.00 582000062 4,~~889~~882,~~698~~688.9620 0.00 502749325 4,~~604~~600,~~634~~025.0704 0.00 502748502 4,~~404~~400,~~830~~209.4221 0.00 502748709 4,~~265~~261,~~904~~864.3844 0.00 502744302 4,~~236~~232,~~542~~771.2908 0.00 502754319 3,~~926~~922,~~320~~624.4845 0.00 502753401 3,~~926~~922,~~320~~624.4845 0.00 502751306 3,~~919~~915,~~630~~963.6292 0.00 502743602 3,~~792~~789,~~174~~145.6162 0.00 502753403 3,~~484~~481,~~609~~329.4725 0.00 310100026 3,~~466~~462,~~434~~687.7005 0.00 310100006 3,~~407~~402,~~438~~878.9993 0.00 502751771 3,~~165~~162,~~595~~616.9604 0.00 410100011 3,~~121~~117,~~386~~335.6606 0.00 582000089 3,~~131~~128,~~958~~937.0421 0.00 582000091 3,~~088~~085,~~745~~649.4589 0.00 ~~582000092 3,038,272.59 0.00~~ 502742420 2,~~973~~970,~~622~~229.2359 0.00 582000096 2,~~936~~933,~~086~~148.4901 0.00 310100018 2,~~918~~916,~~938~~254.14 0.00 582000098 2,~~897~~894,~~133~~492.8159 0.00 582000101 2,~~846~~843,~~582~~902.2764 0.00 502750208 2,~~824~~822,~~676~~021.5403 0.00 502742414 2,~~681~~678,~~134~~075.8996 0.00 310100010 2,~~662~~658,~~635~~853.1091 0.00 502746701 2,~~633~~630,~~073~~561.6695 0.00 310100017 2,~~599~~597,~~955~~559.7212 0.00 502750309 2,640,000.00 0.00 502746826 2,~~414~~412,~~687~~414.1509 0.00 502747320 2,~~375~~372,~~040~~926.5942 0.00 582000111 2,~~284~~281,~~848~~464.3020 0.00 502744605 2,~~259~~257,~~392~~367.0287 0.00 582000114 2,~~238~~235,~~272~~075.8125 0.00 582000116 2,~~129~~123,~~011~~072.7229 0.00 310100020 2,~~159~~157,~~477~~444.6292 0.00 582000118 2,~~155~~152,~~062~~777.3358 0.00 310100003 1,~~763~~761,~~324~~550.3392 0.00 582000125 1,~~631~~624,~~088~~667.9835 0.00 502742418 1,~~706~~704,~~176~~230.7516 0.00 310100044 1,~~177~~176,~~849~~738.6719 0.00 582000129 949,539.00 0.00 Totals ~~523~~481,~~679~~845,~~218~~912.4840 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 (7572 loans) 32,~~170~~941,~~746~~833.5265 32,~~170~~941,~~746~~833.5265 ~~523~~481,~~679~~845,~~218~~912.4840 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 this Period Liquidated Loan Detail No Liquidated Loans this Period

Filing Compare · WACHOVIA COMMERCIAL MORT SEC INC PAS THR CERTS SER 03 C3