8-K 1 msc04tp13_dec.txt DEC 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 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) 54-2144724 54-2144725 54-2144726 54-6601014 (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 December 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 December 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: December 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 December 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: December 13, 2004 Record Date: November 30, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 Specially Serviced Loan Detail 20 - 21 Modified Loan Detail 22 Liquidated Loan Detail 23 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 ~~106~~103,~~318~~801,~~816~~823.9325 1,~~312~~329,643.5758 ~~252~~246,~~507~~529.1933 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.~~060051~~059764% 12,109,000.00 12,109,000.00 0.00 51,~~060~~057.1423 F 61745MVK6 5.~~410051~~409764% 9,083,000.00 9,083,000.00 0.00 40,~~949~~947.5840 G 61745MVL4 5.~~500051~~499764% 10,596,000.00 10,596,000.00 0.00 48,~~565~~562.4591 H 61745MVM2 5.~~500051~~499764% 9,082,000.00 9,082,000.00 0.00 41,~~626~~624.2205 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 12,688.1817 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,~~202~~199,~~309~~792,~~224~~231.9325 1,~~312~~329,643.5758 4,~~385~~379,~~200~~213.7104

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,~~565~~576,~~150~~172.7691 ~~105~~102,~~006~~472,~~173~~179.3667 12.2325% A-2 61745MUZ4 0.00 0.00 765,016.67 233,000,000.00 12.2325% A-3 61745MVA8 0.00 0.00 464,608.33 127,000,000.00 12.2325% A-4 61745MVB6 0.00 0.00 2,287,893.02 589,157,000.00 12.2325% B 61745MVC4 0.00 0.00 126,096.37 31,789,000.00 9.5860% C 61745MVD2 0.00 0.00 48,339.08 12,110,000.00 8.5759% D 61745MVE0 0.00 0.00 99,907.50 24,220,000.00 6.5557% E 61745MVG5 0.00 0.00 51,~~060~~057.1423 12,109,000.00 5.5556% F 61745MVK6 0.00 0.00 40,~~949~~947.5840 9,083,000.00 4.7980% G 61745MVL4 0.00 0.00 48,~~565~~562.4591 10,596,000.00 3.9192% H 61745MVM2 0.00 0.00 41,~~626~~624.2205 9,082,000.00 3.1516% J 61745MVN0 0.00 0.00 38,072.91 9,083,000.00 2.3940% K 61745MVP5 0.00 0.00 12,688.18 3,027,000.00 2.1415% L 61745MVQ3 0.00 0.00 12,692.37 3,028,000.00 1.89% M 61745MVR1 0.00 0.00 12,688.1817 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,~~697~~708,~~844~~856.2862 1,~~200~~198,~~996~~462,~~581~~587.3667

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X-1 61745MVH3 0.~~108903~~103562% 1,210,990,408.00 1,~~202~~199,~~309~~792,~~224~~231.9325 ~~109~~103,~~112~~543.9398 X-2 61745MVJ9 1.~~063298~~063019% 1,146,984,000.00 1,146,984,000.00 1,016,~~321~~054.8550

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X-1 61745MVH3 0.00 ~~109~~103,~~112~~543.9398 1,~~200~~198,~~996~~462,~~581~~587.3667 X-2 61745MVJ9 0.00 1,016,~~321~~054.8550 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 ~~924~~902.~~51145157~~62455000 11.~~41429191~~56211809 2.~~19571470~~14373330 0.00000000 0.00000000 ~~913~~891.~~09715965~~06243191 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.~~21670989~~21646957 0.00000000 0.00000000 1,000.00000000 F 61745MVK6 1,000.00000000 0.00000000 4.~~50837609~~50813608 0.00000000 0.00000000 1,000.00000000 G 61745MVL4 1,000.00000000 0.00000000 4.~~58337580~~58313609 0.00000000 0.00000000 1,000.00000000 H 61745MVM2 1,000.00000000 0.00000000 4.~~58337591~~58313697 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~~19166501 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 ~~992~~990.~~83133622~~75287742 0.~~09010222~~08550355 0.00000000 ~~991~~989.~~74739406~~65489714 X-2 61745MVJ9 1,000.00000000 0.~~88608198~~88584889 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding ~~493~~435,~~243~~890.2243 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections

Servicing Fee Summary Current Period Accrued Servicing Fees 44,~~814~~711.6349 Less Delinquent Servicing Fees 32,~~573~~473.8669 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 202,~~824~~833.6684 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 6245,~~065~~071.4364

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 ~~252~~246,~~507~~529.1933 0.00 0.00 0.00 ~~252~~246,~~507~~529.1933 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 ~~109~~103,~~112~~543.9398 0.00 0.00 0.00 ~~109~~103,~~112~~543.9398 0.00 X-2 1,016,~~321~~054.8550 0.00 0.00 0.00 1,016,~~321~~054.8550 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 51,~~060~~057.1423 0.00 0.00 0.00 51,~~060~~057.1423 0.00 F 40,~~949~~947.5840 0.00 0.00 0.00 40,~~949~~947.5840 0.00 G 48,~~565~~562.4591 0.00 0.00 0.00 48,~~565~~562.4591 0.00 H 41,~~626~~624.2205 0.00 0.00 0.00 41,~~626~~624.2205 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,~~510~~498,~~635~~811.4953 0.00 0.00 0.00 5,~~510~~498,~~635~~811.4953 0.00

Class Interest Remaining Distribution Unpaid Interest A-1 ~~252~~246,~~507~~529.1933 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 ~~109~~103,~~112~~543.9398 0.00 X-2 1,016,~~321~~054.8550 0.00 B 126,096.37 0.00 C 48,339.08 0.00 D 99,907.50 0.00 E 51,~~060~~057.1423 0.00 F 40,~~949~~947.5840 0.00 G 48,~~565~~562.4591 0.00 H 41,~~626~~624.2205 0.00 J 38,072.91 0.00 K 12,688.18 0.00 L 12,692.37 0.00 M 12,688.1817 0.00 N 19,038.55 0.00 O 12,688.18 0.00 P 50,762.79 0.00 Total 5,~~510~~498,~~635~~811.4952 0.00

Other Required Information Available Distribution Amount (1) 6,~~823~~828,~~279~~455.0610 Principal Distribution Amount 1,~~312~~329,643.5753 (a) Principal portion of Scheduled Payments 1,~~312~~329,643.5753 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,~~201~~198,~~011~~473,~~192~~543.9779 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,~~200~~198,~~996~~462,~~581~~587.2758 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 6245,~~065~~071.4364 Servicing Fee Paid 6245,~~065~~071.4364 Special Servicing Fee Paid 0.00 Trustee Fee Paid ~~981~~979.8983 Paying Agent Fee Paid 1,~~021~~019.9682 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 5,545,522.69 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 5,545,522.69 Principal: Scheduled Principal 1,329,643.53 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 1,329,643.53 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 6,875,166.22 Total Funds Distributed Fees: Master Servicing Fee 44,711.49 Trustee Fee 979.83 Certificate Administration Fee 1,019.82 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 46,711.14 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 5,498,811.52 Principal Distribution 1,329,643.58 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 6,828,455.10 Total Funds Distributed 6,875,166.24

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,~~206~~157,~~147~~557.2017 0.7776 ~~130~~128 6.~~3235~~3246 3.~~130296~~028555 1,000,001 to 2,000,000 34 51,~~840~~697,~~475~~414.5029 4.3231 ~~110~~108 6.~~0154~~0153 21.~~006230~~988615 2,000,001 to 3,000,000 34 8685,~~260~~986,~~017~~490.1021 7.1817 ~~115~~113 5.~~9236~~9234 1.~~791306~~857801 3,000,001 to 4,000,000 22 77,~~752~~448,~~246~~939.8607 6.4746 ~~136~~134 5.~~7857~~7855 12.~~905308~~014348 4,000,001 to 5,000,000 16 74,~~681~~432,~~392~~478.6084 6.2221 ~~109~~107 5.~~4540~~4547 2.~~213434~~332609 5,000,001 to 6,000,000 9 49,~~232~~097,~~239~~814.1858 4.10 ~~100~~98 6.~~0961~~0963 1.~~634976~~725593 6,000,001 to 7,000,000 8 52,~~684~~486,~~931~~561.0712 4.3938 ~~138~~136 5.~~6793~~6795 1.~~719530~~830494 7,000,001 to 8,000,000 9 68,~~550~~439,~~839~~585.8644 5.71 ~~102~~100 5.~~5175~~5178 31.~~657023~~855860 8,000,001 to 9,000,000 3 24,~~320~~265,~~496~~196.9524 2.0302 ~~106~~104 5.3735 2.~~796987~~780719 9,000,001 to 10,000,000 2 18,~~380~~360,~~051~~258.9214 1.53 9088 5.~~2755~~2752 3.~~522262~~189918 10,000,001 to 15,000,000 14 170,~~618~~265,~~037~~482.0095 14.21 ~~109~~107 5.~~5284~~5283 2.~~011568~~075004 15,000,001 to 20,000,000 4 68,~~795~~627,~~372~~708.7311 5.73 8381 5.~~3986~~3985 1.~~705959~~868766 20,000,001 to 30,000,000 3 70,~~941~~900,~~074~~279.0886 5.9192 9896 5.~~4292~~4289 12.~~355686~~321384 30,000,001 and greater 7 377,~~733~~296,~~259~~821.2256 31.4548 ~~103~~100 5.~~3431~~3427 2.~~302800~~313145 Totals 175 1,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 1,~~277~~273,~~816~~989.7929 0.11 ~~108~~106 5.9000 1.620000 Alaska 2 3,~~026~~020,~~274~~448.0061 0.25 ~~108~~106 6.0961 21.~~199708~~408199 Arizona 8 70,~~596~~395,~~116~~993.5435 5.8887 9189 5.~~8004~~8003 1.~~689094~~538101 California 69 ~~334~~333,~~419~~746,~~635~~785.7398 27.85 ~~103~~101 5.~~5020~~5016 2.~~605091~~259814 Colorado 5 13,~~549~~516,~~421~~305.5076 1.13 9795 5.~~7451~~7443 21.~~340265~~986216 Connecticut 8 38,~~112~~081,~~914~~151.1908 3.1718 ~~113~~111 5.~~7339~~7337 2.~~074332~~074510 Florida 8 79,~~856~~673,~~309~~560.8934 6.65 ~~109~~107 5.3099 1.~~712108~~738264 Georgia 8 28,~~055~~007,~~392~~699.8038 2.34 ~~109~~107 5.~~6265~~6256 2.~~532992~~478578 Idaho 1 ~~975~~971,~~986~~828.9133 0.08 ~~228~~226 6.5300 2.280000 Illinois 7 73,~~851~~821,~~083~~013.4607 6.1516 ~~109~~107 5.~~5048~~5046 2.~~637889~~661595 Kentucky 1 2,~~780~~759,~~181~~492.9619 0.23 ~~168~~166 6.0250 1.~~310000~~450000 Maine 2 1514,~~089~~985,~~557~~434.5331 1.2625 ~~157~~155 5.~~3738~~3749 1.~~544650~~679221 Maryland 4 24,~~700~~683,~~957~~048.7344 2.06 9593 5.~~1511~~1509 2.~~876643~~493726 Massachusetts 6 43,~~495~~314,~~362~~593.0507 3.6261 ~~164~~162 5.~~7639~~7643 1.~~714228~~877902 Minnesota 1 2,~~137~~127,~~804~~115.9787 0.18 ~~108~~106 5.2200 2.~~120000~~000000 Nebraska 1 3332,~~184~~984,~~037~~318.2469 2.7675 ~~169~~167 5.9900 1.360000 Nevada 4 21,~~843~~710,~~020~~824.5146 1.8281 ~~108~~106 5.~~1334~~1344 1.~~645244~~926908 New Hampshire 1 3,~~853~~825,~~154~~576.5304 0.32 ~~169~~167 6.3800 1.600000 New Jersey 9 66,~~212~~034,~~850~~566.4247 5.51 ~~118~~116 5.~~5831~~5830 2.~~245415~~374435 New York 7 89,~~468~~421,~~669~~399.1141 7.4546 8583 5.7921 12.~~912685~~139793 North Carolina 3 18,215,020.00 1.52 5957 5.0008 2.~~755948~~762468 Ohio 1 6,~~837~~806,~~065~~550.6421 0.57 ~~229~~227 6.1000 1.~~310000~~090000 Oregon 4 22,~~838~~748,~~413~~579.3688 1.90 ~~121~~119 5.~~5075~~5068 1.~~821048~~829197 Pennsylvania 8 44,~~437~~406,~~973~~192.6020 3.7071 9290 5.~~3203~~3199 02.~~994494~~613473 South Carolina 1 6,350,000.00 0.53 4846 4.7750 2.~~540000~~610000 Tennessee 1 3,~~119~~105,~~152~~183.5794 0.26 ~~228~~226 6.1300 1.500000 Texas 13 88,~~634~~477,~~239~~482.6636 7.38 ~~103~~101 5.~~4951~~4948 12.~~966971~~044424 Utah 1 1,~~281~~278,~~477~~011.6822 0.11 ~~109~~107 6.4700 2.~~290000~~400000 Virginia 2 2,~~422~~406,~~658~~742.3775 0.20 ~~110~~108 5.~~7572~~7578 12.~~716505~~316240 Washington 5 15,~~571~~558,~~653~~242.1947 1.30 9795 5.~~4252~~4248 2.~~833907~~843070 Washington,DC 1 20,~~781~~740,~~074~~279.0886 1.73 ~~109~~107 5.9800 12.~~510000~~050000 West Virginia 1 7,000,000.00 0.58 4846 4.7750 2.~~540000~~610000 Wisconsin 3 17,~~021~~015,~~305~~158.2554 1.42 6765 5.~~2071~~2067 2.~~500399~~524183 Totals 197 1,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628

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 1211 6570,~~544~~378,~~137~~547.6637 5.4687 ~~121~~134 56.~~6493~~0244 01.~~645385~~054687 1.21 to 1.30 1110 ~~109~~66,~~560~~218,~~954~~745.8938 95.1253 97114 65.~~0167~~9757 1.~~237961~~251293 1.31 to 1.40 94 7254,~~973~~210,~~066~~540.5584 64.0852 143 5.~~8437~~9829 1.~~344138~~363168 1.41 to 1.50 199 9150,~~784~~583,~~023~~626.6660 74.6422 ~~119~~124 5.~~5625~~9423 1.~~457991~~461780 1.51 to 1.60 14 ~~101~~100,~~957~~486,~~427~~524.5477 8.4938 ~~122~~94 65.~~1118~~8502 1.~~538349~~542815 1.61 to 1.70 1114 4332,~~070~~483,~~133~~291.9835 32.5971 ~~109~~118 56.~~6622~~1373 1.~~656749~~659695 1.71 to 1.80 1320 ~~128~~155,~~916~~284,~~040~~015.1298 1012.73 96 108 5.~~3903~~4757 1.~~758004~~754979 1.81 or greater 8693 ~~587~~668,~~190~~817,~~796~~295.8729 4855.8981 ~~101~~98 5.~~3358~~3302 2.~~924500~~670776 Totals 175 1,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 29 96,~~860~~591,~~649~~726.1344 8.0706 9795 5.~~8247~~8248 21.~~315040~~961095 Lodging 2 9,~~436~~402,~~679~~691.1678 0.7978 9189 6.0754 2.~~702756~~801531 Mixed Use 6 14,~~524~~485,~~653~~179.7639 1.21 ~~108~~106 5.8071 2.~~421780~~611796 Mobile Home Park 2 6,~~826~~812,~~941~~413.2193 0.57 8078 5.5834 1.~~497763~~968584 Multi-Family 27 107,~~388~~134,~~018~~548.5303 8.94 ~~121~~119 5.~~6281~~6280 2.~~869446~~195255 Office 38 385,~~994~~557,~~901~~189.0072 32.1417 ~~105~~103 5.~~4663~~4659 2.~~277927~~353028 Other 1 2,~~374~~370,~~524~~473.4834 0.20 ~~107~~105 6.6700 1.470000 Retail 83 ~~556~~555,~~546~~162,~~138~~925.6890 46.3432 ~~109~~107 5.~~5074~~5071 12.~~902667~~014067 Self Storage 9 2120,~~044~~945,~~075~~439.3104 1.75 9593 5.~~8060~~8067 1.~~755820~~986484 Totals 197 1,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 5.500% or less 54 ~~608~~607,~~800~~813,~~181~~304.8765 50.6972 9795 5.~~1049~~1048 2.~~617054~~553707 5.501% to 6.000% 61 ~~368~~367,~~168~~275,~~391~~978.4067 30.6665 ~~111~~109 5.8180 1.~~715357~~829407 6.001% to 6.500% 49 200,~~900~~309,~~501~~495.0934 16.7371 ~~131~~128 6.~~2080~~2079 1.~~573762~~546312 6.501% to 7.000% 7 12,~~803~~767,~~555~~055.1805 1.07 ~~114~~112 6.6964 1.~~702286~~540145 7.001% to 7.500% 2 3,~~819~~810,~~030~~277.5931 0.32 ~~150~~149 7.0269 1.~~652762~~655967 7.5% or greater 2 6,~~504~~486,~~921~~476.1456 0.54 7068 7.~~9698~~9699 1.~~973342~~983325 Totals 175 1,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less ~~139~~40 ~~983~~340,~~818~~078,~~233~~992.0128 8128.9238 108 5.~~5837~~5652 2.~~101672~~319049 13 to 24 months 34131 ~~210~~837,~~673~~666,~~427~~140.1248 1769.5490 ~~108~~105 5.~~2988~~5146 2.~~380064~~080498 25 to 36 months 02 014,230,978.0026 01.0019 095 05.~~0000~~8558 01.~~000000~~993229 37 to 48 months 1 ~~857~~854,~~102~~929.3312 0.07 7472 8.4300 1.~~600000~~610000 49 months and greater 1 5,~~647~~631,~~818~~547.8144 0.47 6967 7.9000 2.~~030000~~040000 Totals 175 1,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628

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,~~340~~209,~~057~~364.0468 8.1011 4745 5.~~0105~~0102 2.~~683305~~388077 61 to 120 months 134 ~~928~~927,~~776~~361,~~418~~073.3198 77.3338 ~~102~~100 5.~~5393~~5391 2.~~193415~~206340 121 to 180 months 7 5857,~~013~~872,~~218~~191.1355 4.83 ~~168~~166 5.~~9990~~9988 1.~~654061~~778572 181 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 149 1,~~084~~082,~~129~~442,~~693~~630.4821 90.2732 ~~100~~98 5.~~5164~~5162 2.~~208539~~199791

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,~~657~~591,~~005~~657.5383 0.3938 ~~109~~107 5.4742 12.~~472197~~166102 121 to 180 months 19 9493,~~648~~944,~~065~~575.1932 7.8884 ~~165~~163 5.~~7811~~7817 1.~~624828~~659676 181 to 240 months 5 17,~~561~~483,~~817~~724.0722 1.46 ~~228~~226 6.1656 1.~~533471~~466613 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 26 116,~~866~~019,~~887~~957.7937 9.7368 ~~172~~170 5.~~8267~~8274 1.~~605018~~650624

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 17.4549 8078 4.8960 32.~~116604~~935385 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,~~257~~026,~~421~~632.1343 2.4442 9492 5.~~2366~~2367 21.~~609588~~606032 181 to 240 months 6 19,~~880~~788,~~954~~647.2124 1.6665 ~~140~~138 5.~~7795~~7796 1.~~776053~~906042 241 to 300 months 44 ~~215~~214,~~255~~711,~~389~~856.9565 17.92 ~~114~~112 6.~~0099~~0097 1.~~772144~~744283 301 to 360 months 80 ~~610~~609,~~135~~315,~~928~~493.1989 50.8084 ~~102~~100 5.~~5603~~5604 2.~~045413~~145090 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 149 1,~~084~~082,~~129~~442,~~693~~630.4821 90.2732 ~~100~~98 5.~~5164~~5162 2.~~208539~~199791

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 2317 ~~251~~222,~~852~~216,~~952~~342.5150 2018.9754 113 5.~~3088~~2667 2.~~683770~~745858 1 year or less ~~152~~158 ~~949~~976,~~143~~246,~~628~~245.7608 7981.0346 ~~106~~104 5.~~6097~~6100 2.~~008127~~010229 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,~~200~~198,~~996~~462,~~581~~587.2758 100.00 ~~107~~105 5.~~5466~~5463 2.~~149812~~146628 (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 393,509.25 0.00 5.247% 700201378 2 OF Los Angeles CA 252,416.67 0.00 4.660% 850201260 3 RT Lakeland FL 252,~~965~~371.9893 7374,~~633~~227.9297 5.123% 850201271 4 OF New York NY 291,067.50 0.00 5.910% 850201258 5 RT Various Various 149,103.17 0.00 4.870% 700201328 6 RT Scottsdale AZ 177,~~767~~271.7473 51,~~061~~557.4546 6.170% 600872921 7 OF Omaha NE ~~166~~165,~~152~~160.1518 ~~101~~102,~~869~~861.7774 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 103,~~668~~466.49 21 22,~~967~~169.2250 5.980% 700201206 11 RT Chandler AZ 85,~~448~~250.0513 24,~~250~~448.6153 5.190% 310901119 12 RT Jersey City NJ 72,~~584~~418.9112 20,~~501~~668.5736 5.175% 600872915 13 OF San Diego CA 74,~~628~~461.8725 20,~~031~~198.0971 5.340% 600872902 14 RT Plano TX 77,~~237~~014.8593 23,~~629~~852.7567 5.970% 850201251 15 MF Boston/Brookline MA 77,~~608~~392.96 2122,~~805~~021.56 6.300% 850201317 16 RT Henderson NV 58,~~797~~327.2063 5859,~~532~~002.7936 4.885% 310901259 17 RT Redwood City CA 6766,~~084~~940.3107 16,~~671~~815.1236 5.550% 850201256 18 RT Various Various 53,121.88 0.00 4.775% 850201231 19 RT Salem MA 55,937.50 0.00 5.370% 600872916 20 OF Sherman Oaks CA 54,~~584~~462.7717 14,~~651~~773.0767 5.340% 600872923 21 MF North Brunswick NJ 59,~~593~~465.6605 14,~~148~~277.9657 5.850% 600872924 22 RT Orland Park IL 60,800.00 0.00 6.080% 850201278 23 RT Basking Ridge NJ 62,~~558~~389.7393 16,~~710~~879.6545 6.445% 850201254 24 RT Various Various 50,427.27 0.00 5.161% 600872925 25 IN Santa Ana CA 54,~~531~~379.5901 15,~~656~~809.7129 6.190% 850201057 26 IN Janesville WI 42,148.33 0.00 4.840% 850201276 27 RT Sanford ME 47,~~989~~764.8401 2425,~~892~~118.2205 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 42,~~366~~274.2790 10,~~532~~623.0744 5.565% 700201102 31 OF Santa Barbara CA 25,~~965~~910.7740 6,~~246~~301.4683 5.700% 700201103 32 MU Pasadena CA 14,~~971~~939.2633 3,~~601~~633.5548 5.700% 600872926 33 RT Lutherville MD 37,~~608~~526.4372 9,~~518~~599.0677 5.500% 600872927 34 MF Fair Lawn NJ 34,~~213~~131.0080 10,~~157~~239.8404 5.070% 600872917 35 OF Beverly Hills CA 37,~~215~~131.2899 9,~~600~~684.9827 5.550% 850201313 36 RT Stamford CT 3736,~~028~~950.4262 89,~~923~~000.1292 5.605% 310901293 37 RT Medford OR 36,~~619~~540.1988 9,~~055~~133.2152 5.550% 700201300 38 OF Stamford CT 38,415.00 0.00 5.910% 600872919 39 RT Commerce CA 35,750.00 0.00 5.500% 610901287 40 MF Fullerton CA 34,136.67 0.00 5.320% 310901108 41 IN Pico Rivera CA 32,~~749~~491.1221 2930,~~953~~211.3425 5.250% 600872903 42 OF Long Beach CA 35,937.50 0.00 5.750% 700201127 43 RT Eugene OR 30,~~432~~357.6547 9,~~600~~675.1028 4.950% 610901332 44 RT Missouri City TX 29,~~882~~646.0568 2728,~~858~~094.8623 5.150% 700201298 45 OF Stamford CT 34,375.83 0.00 5.810% 700201193 46 OF Calabasas CA 32,~~887~~818.3483 7,~~740~~809.6920 5.700% 310901294 47 RT Columbus OH 34,~~834~~680.9966 15,~~719~~874.8518 6.100% 600872928 48 MF College Station TX 27,~~693~~624.1593 8,~~865~~933.0830 4.860% 600872929 49 MF Philadelphia PA 31,625.00 0.00 5.750% 850201387 50 RT Westminster CO 30,~~637~~543.6421 10,~~313~~407.2265 5.765% 610901230 51 RT Tigard OR 30,~~539~~290.7794 25,~~620~~869.9578 5.930% 600872930 52 RT Alpharetta GA 31,~~725~~668.8339 56,~~991~~049.7620 6.290% 600872904 53 RT Oceanside CA 30,~~169~~111.8170 6,~~258~~316.7384 6.040% 700201073 54 RT Sunrise FL 27,~~800~~739.1091 6,~~771~~831.4463 5.710% 310900154 55 IN San Diego CA 37,~~238~~132.5816 8,~~673~~780.6204 7.900% 310901357 56 MH Hemet CA 25,~~475~~421.7312 6,~~355~~410.6021 5.510% 700201023 57 RT Lincoln IL 3029,~~051~~969.3543 7,~~706~~788.1709 6.800% 850201227 58 MF Ayer MA 22,~~757~~577.1803 20,~~765~~946.8702 5.290% 700201299 59 OF Stamford CT 25,660.83 0.00 5.810% 850201279 60 IN City of Industry CA 21,~~937~~766.6435 1920,~~877~~048.6796 5.255% 850201224 61 RT Spencer MA 2019,~~051~~833.9708 27,~~217~~436.1908 4.875% 850201270 62 LO Santa Barbara CA 25,~~336~~263.4227 7,~~663~~736.3853 6.045% 850201223 63 RT Lewiston ME 19,~~813~~588.6269 2728,~~955~~180.2619 4.875% 700201303 64 RT Tempe AZ 20,~~660~~611.5545 6,~~211~~260.1020 5.010% 600872931 65 IN Carrollton TX 25,~~231~~160.8351 7,~~381~~453.7406 6.130% 600872932 66 MF North Brunswick NJ 20,~~901~~831.7971 8,~~590~~660.4957 5.090% 310901315 67 OF Watsonville CA 23,~~686~~638.6024 5,~~409~~457.3975 5.770% 700201188 68 OF New York NY 21,295.83 0.00 5.380% 600872933 69 RT Lemont IL 20,445.00 0.00 5.220% 600872920 70 RT Arlington WA 22,~~612~~567.8830 5,~~054~~099.3896 5.830% 600872905 71 OF La Mesa CA 21,397.75 05,068.0066 5.522% 600872906 72 IN Long Beach CA 22,425.00 0.00 5.980% 700201390 73 LO Fishkill NY 22,~~529~~431.4824 910,~~996~~094.1438 6.110% 310901353 74 MU Costa Mesa CA 19,~~287~~226.3953 7,~~030~~091.4127 5.430% 600872934 75 IN Landover MD 19,231.25 0.00 5.430% 410901320 76 IN Livermore CA 11,~~931~~909.0525 2,~~275~~297.3515 6.280% 410901319 77 IN Livermore CA 9,~~856~~838.0908 1,~~879~~897.6364 6.280% 600872935 78 MF Old Bridge NJ 18,461.25 0.00 5.470% 600872907 79 IN Pomona CA 18,~~237~~176.0813 6,~~633~~694.4742 5.500% 600872908 80 IN Cerritos CA 19,600.00 0.00 5.880% 850201264 81 MF Bronx NY 19,~~177~~138.1718 4,~~331~~370.1716 5.815% 850201319 82 RT Los Angeles CA 18,~~351~~214.0912 14,~~726~~863.2522 5.685% 700201216 83 RT Nashua NH 20,~~560~~414.4863 14,~~020~~166.4833 6.380% 310901325 84 SS Arcadia CA 16,~~982~~746.7320 26,~~308~~545.9548 5.440% 600872936 85 IN Santa Ana CA 16,~~742~~704.4694 4,~~477~~514.2678 5.350% 850201315 86 RT Scottsdale AZ 18,~~337~~204.9645 13,~~677~~810.3081 5.975% 600872937 87 RT Port St. Lucie FL 16,~~152~~115.1436 4,~~485~~522.8765 5.220% 600872909 88 RT San Antonio TX 1817,~~027~~976.1712 5,~~259~~310.4045 6.160% 600872938 89 MF West Orange NJ 15,~~527~~492.6285 4,~~185~~220.7047 5.300% 850201215 90 MF Ft. Lauderdale FL 15,735.42 0.00 5.395% 700201197 91 RT Los Angeles CA 17,~~175~~141.0009 3,~~696~~730.8980 5.950% 410901296 92 SS Sacramento CA 16,~~531~~497.4018 3,~~849~~883.2143 5.730% 600872939 93 RT Alpharetta GA 17,~~293~~216.5611 78,~~923~~000.0752 6.070% 410901241 94 RT Oshkosh WI 17,~~562~~530.4727 3,~~340~~373.8707 6.320% 700201215 95 RT Saugus MA 1716,~~065~~944.2014 11,~~637~~758.0006 6.380% 850201217 96 RT Orcutt CA 15,~~293~~261.6208 3,~~713~~746.4600 5.630% 410901272 97 RT Bakersfield CA 1716,~~016~~943.9719 7,~~257~~331.7856 6.330% 410901355 98 MF Pensacola FL 9,~~438~~410.6859 3,~~006~~034.2736 5.900% 410901235 99 MF Bay Minette AL 6,~~292~~273.4573 2,~~004~~022.1890 5.900% 600872940 100 RT River Forest IL 13,~~320~~275.6328 5,~~575~~621.8621 5.070% 600872941 101 RT Gallatin TN 15,~~970~~899.4344 7,~~196~~266.0099 6.130% 700201213 102 RT Stoughton MA 15,~~934~~821.3734 10,~~865~~978.8891 6.380% 600872910 103 IN Placentia CA 14,700.00 0.00 5.880% 850201243 104 MF New Carrollton MD 10,750.00 0.00 4.300% 410901291 105 IN Chatsworth CA 14,~~266~~223.2932 4,~~679~~722.4845 5.790% 620901266 106 MF Goleta CA 15,~~323~~280.5811 4,~~429~~472.4390 6.230% 410901249 107 RT Las Vegas NV 12,~~250~~220.5978 3,~~773~~803.5334 5.000% 410901318 108 RT Phoenix AZ 14,~~788~~760.5678 2,~~935~~963.4220 6.180% 850201259 109 OF Lexington KY 1413,~~011~~908.5519 10,~~499~~602.4884 6.025% 850201255 110 MF Bryn Mawr PA 14,~~116~~088.4388 23,~~979~~007.9247 6.005% 410901256 111 SS Riverside CA 13,~~462~~421.56 4,~~484~~525.20 5.760% 410901258 112 RT Grand Prairie TX 14,~~899~~873.5124 2,~~688~~714.0532 6.440% 700201344 113 RT Chino Hills CA 13,~~119~~093.5609 2,~~963~~990.6512 5.770% 700201368 114 RT Cranberry Township PA 13,~~189~~150.9570 4,~~201~~240.0732 5.900% 410901263 115 SS Rosamond CA 14,~~078~~038.0660 34,~~982~~021.2571 6.300% 890901333 116 RT Tampa FL 15,~~681~~657.2002 2,~~320~~344.6179 7.021% 410901305 117 OF Woodland Hills CA 13,~~177~~138.1038 4,~~120~~158.1486 5.940% 850201250 118 RT North Plainfield NJ 12,~~448~~356.7800 9,~~609~~702.9068 5.905% 850201249 119 RT Forked River NJ 12,~~212~~121.1110 9,~~427~~518.2021 5.905% 850201248 120 RT Downingtown PA 11,~~975~~886.4419 9,~~244~~333.5075 5.905% 410901269 121 IN Las Vegas NV 12,~~589~~565.2306 2,~~576~~600.7996 6.110% 620901264 122 OF Monterey CA 10,~~956~~920.1448 4,~~172~~208.9157 5.350% 410901224 123 SS Carson CA 10,~~927~~902.4856 23,~~986~~011.2012 5.320% 850201236 124 OT Los Angeles CA 13,~~210~~188.7839 2,~~228~~250.1655 6.670% 410901328 125 IN Torrance CA 12,~~084~~062.7047 2,~~338~~361.8306 6.220% 600872942 126 RT Woodstock GA 11,~~491~~458.1573 3,~~309~~342.7113 6.220% 410901247 127 IN Moreno Valley CA 9,~~563~~531.2516 3,~~853~~885.5362 5.200% 410901309 128 IN Phoenix AZ 10,~~795~~763.4676 3,~~352~~383.2999 5.980% 410901251 129 MU San Francisco CA 10,~~852~~820.0315 3,~~349~~381.5139 6.020% 410901278 130 MF Duluth MN 9,~~323~~276.2293 5,~~464~~510.5180 5.220% 700201214 131 RT Orange CT 11,~~205~~125.4697 7,~~641~~720.1665 6.380% 600872911 132 RT Orange CA 10,535.00 0.00 6.020% 410901310 133 MU Los Angeles CA 10,~~581~~551.4735 3,~~116~~146.2335 6.130% 700200941 134 IN Las Vegas NV 10,~~082~~060.0951 2,~~360~~381.3492 5.890% 410901350 135 SS Bakersfield CA 9,~~427~~398.3841 3,~~214~~243.3128 5.670% 410901354 136 RT Houston TX 9,~~582~~563.8251 2,~~152~~171.2455 5.800% 410901274 137 MF Long Beach CA 8,~~795~~775.1338 2,~~360~~380.6944 5.340% 410901379 138 IN Duarte CA 8,~~508~~481.3422 3,~~163~~190.8698 5.370% 410901242 139 MF Anchorage AK 9,~~541~~522.3082 12,~~989~~007.3987 6.040% 850201247 140 OF Boca Raton FL 9,~~679~~661.2234 1,~~871~~889.5846 6.255% 700201301 141 OF Stamford CT 8,865.00 0.00 5.910% 600872943 142 RT Chicago IL 8,~~607~~582.1893 2,~~502~~526.3560 6.150% 600872944 143 RT Marietta GA 7,~~820~~762.2983 56,~~987~~045.7319 5.870% 410901340 144 IN Monterey Park CA 7,~~671~~648.3867 2,~~462~~484.1182 5.820% 410901292 145 IN Colorado Springs CO 8,~~304~~281.9996 2,~~319~~342.0609 6.320% 410901244 146 RT Castle Rock CO 8,~~291~~275.2485 1,~~601~~617.9029 6.290% 410901257 147 SS Mesa AZ 7,~~757~~734.8984 2,~~463~~486.0914 5.910% 410901165 148 OF Folsom CA 7,~~724~~709.6938 1,~~638~~653.2152 6.070% 410901255 149 MF Sacramento CA 7,~~666~~651.2140 1,~~585~~600.7657 6.080% 600872945 150 MU McLean VA 7,~~249~~235.7732 1,~~599~~613.3479 5.850% 600872912 151 OF Newport Beach CA 6,~~734~~719.0830 1,~~735~~750.7654 5.450% 600872913 152 OF Newport Beach CA 6,~~734~~719.0830 1,~~735~~750.7654 5.450% 410901329 153 MF San Diego CA 7,~~211~~157.6842 5,~~429~~484.9723 5.980% 410901282 154 MU Woodburn OR 7,~~446~~425.4687 2,~~066~~087.5211 6.340% 410901327 155 RT Sonoma CA 7,~~137~~125.9525 1,~~311~~323.0676 6.370% 600872914 156 OF Newport Beach CA 6,~~292~~279.2104 1,~~500~~513.4764 5.650% 410901298 157 MH Lakewood WA 6,~~324~~312.9432 1,~~385~~398.8345 5.900% 410901303 158 RT Orem UT 6,~~919~~900.1960 1,~~834~~852.1574 6.470% 410901286 159 MF Simi Valley CA 6,~~387~~369.8722 1,~~972~~990.1681 5.980% 600872946 160 RT Jacksonville FL 6,~~335~~290.2818 4,~~295~~340.4252 6.440% 410901273 161 SS Union City GA 6,~~409~~391.0682 1,~~693~~710.4367 6.500% 410901252 162 SS Lancaster CA 6,~~480~~462.0169 1,~~682~~699.5789 6.580% 410901271 163 RT Cypress TX 6,~~709~~682.6584 2,~~389~~416.4627 7.040% 410901243 164 MF Anchorage AK 5,~~848~~837.5155 1,~~156~~167.8379 6.190% 410901276 165 IN Mesa AZ 6,~~191~~181.5805 1,~~057~~067.2073 6.600% 410901290 166 IN Poway CA 5,~~399~~385.3500 1,~~396~~410.5388 6.570% 410901227 167 IN Goleta CA 4,~~965~~950.3998 1,~~508~~522.2263 6.050% 410901322 168 IN Sacramento CA 5,~~175~~153.5631 2,~~186~~208.2752 6.340% 410901331 169 MF Boise ID 5,~~322~~300.7019 2,~~150~~173.7021 6.530% 410901330 170 MF San Diego CA 4,~~807~~771.7862 3,~~619~~656.9915 5.980% 410901238 171 IN Sacramento CA 4,~~251~~230.7455 2,~~486~~507.7089 5.250% 600872947 172 IN Falls Church VA 4,~~411~~351.4323 6,~~495~~555.7898 5.610% 600872948 173 RT Denver CO 4,~~899~~866.8519 3,~~064~~098.3400 6.750% 310900241 174 MF El Paso TX 6,~~029~~014.4024 1,~~175~~190.2440 8.430% 410901185 175 RT Kent WA 3,~~376~~369.4867 ~~753~~759.1192 5.850% Totals 5,~~557~~545,~~453~~522.9969 1,~~312~~329,643.5753

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 0911/08/2004 700201378 N/A 07/01/2013 N 65,000,000.00 65,000,000.00 1012/01/2004 850201260 N/A 10/01/2013 N 59,~~259~~120,~~964~~804.8944 59,~~186~~046,~~330~~576.9747 1012/01/2004 850201271 N/A 11/01/2010 N 59,100,000.00 59,100,000.00 1012/01/2004 850201258 10/01/2008 10/01/2033 N 36,740,000.00 36,740,000.00 1012/01/2004 700201328 N/A 01/01/2014 N 34,~~573~~477,~~952~~483.4686 34,~~522~~425,~~891~~926.0140 1012/01/2004 600872921 N/A 11/01/2018 N 33,~~285~~087,~~907~~180.0143 3332,~~184~~984,~~037~~318.2469 1012/01/2004 600872901 N/A 12/01/2013 N 28,600,000.00 28,600,000.00 1012/01/2004 850201277 N/A 11/01/2010 N 21,560,000.00 21,560,000.00 1012/01/2004 600872922 N/A 11/01/2013 N 20,~~803~~762,~~041~~449.3036 20,~~781~~740,~~074~~279.0886 1012/01/2004 700201206 N/A 10/01/2008 N 19,~~756~~711,~~774~~013.6432 19,~~732~~686,~~524~~564.0379 1012/01/2004 310901119 N/A 12/01/2013 N 16,~~831~~792,~~283~~608.31 16,~~810~~771,~~781~~939.7495 1012/01/2004 600872915 N/A 10/01/2010 N 16,~~770~~732,~~532~~866.7307 16,~~750~~712,~~501~~667.6436 1012/01/2004 600872902 N/A 01/01/2014 N 15,~~525~~480,~~195~~388.0768 15,~~501~~456,~~565~~536.3201 1012/01/2004 850201251 N/A 10/01/2018 N 14,~~782~~741,~~658~~516.5006 14,~~760~~719,~~852~~494.9450 1012/01/2004 850201317 N/A 12/01/2013 N 14,~~443~~328,~~530~~178.2031 14,~~384~~269,~~997~~175.4195 1012/01/2004 310901259 N/A 10/01/2013 N 14,~~504~~473,~~715~~529.2144 14,~~488~~456,~~044~~714.0908 1012/01/2004 850201256 N/A 10/01/2008 N 13,350,000.00 13,350,000.00 1012/01/2004 850201231 N/A 09/01/2018 N 12,500,000.00 12,500,000.00 1012/01/2004 600872916 N/A 10/01/2010 N 12,~~266~~238,~~240~~690.6462 12,~~251~~223,~~589~~916.5795 1012/01/2004 600872923 N/A 11/01/2012 N 12,~~224~~197,~~341~~958.5076 12,~~210~~183,~~192~~681.5419 1012/01/2004 600872924 N/A 10/01/2013 N 12,000,000.00 12,000,000.00 1012/01/2004 850201278 N/A 11/01/2018 N 11,~~647~~616,~~862~~433.0831 11,~~631~~599,~~151~~553.4386 1012/01/2004 850201254 N/A 11/01/2010 N 11,725,000.00 11,725,000.00 1012/01/2004 600872925 N/A 12/01/2013 N 10,~~571~~541,~~551~~972.7559 10,~~555~~526,~~895~~163.0430 1012/01/2004 850201057 N/A 03/01/2008 N 10,450,000.00 10,450,000.00 1012/01/2004 850201276 N/A 11/01/2018 N 10,~~265~~216,~~206~~901.2017 10,~~240~~191,~~313~~783.9812 1012/01/2004 850201252 N/A 10/01/2010 N 10,070,000.00 10,070,000.00 1012/01/2004 850201295 12/01/2010 12/01/2033 N 9,255,000.00 9,255,000.00 1012/01/2004 850201238 N/A 09/01/2013 N 9,~~135~~115,~~583~~881.9958 9,~~125~~105,~~051~~258.9214 1012/01/2004 700201102 N/A 06/01/2013 N 5,~~466~~454,~~478~~820.6156 5,~~460~~448,~~232~~518.1573 1012/01/2004 700201103 N/A 06/01/2013 N 3,~~151~~145,~~843~~121.6187 3,~~148~~141,~~242~~488.0639 1012/01/2004 600872926 N/A 10/01/2013 N 8,~~205~~187,~~475~~648.7921 8,~~195~~178,~~957~~048.7344 1012/01/2004 600872927 N/A 10/01/2013 N 8,~~097~~078,~~751~~532.8122 8,~~087~~068,~~593~~293.9718 1012/01/2004 600872917 N/A 03/01/2013 N 8,~~046~~028,~~546~~538.2389 8,~~036~~018,~~945~~854.2562 0912/01/2004 850201313 N/A 12/01/2013 N 7,~~927~~910,~~582~~927.3330 7,~~918~~901,~~659~~926.2138 1012/01/2004 310901293 N/A 11/01/2013 N 7,~~917~~900,~~663~~730.5955 7,~~908~~891,~~608~~597.3803 1012/01/2004 700201300 N/A 12/01/2013 N 7,800,000.00 7,800,000.00 1012/01/2004 600872919 N/A 10/01/2013 N 7,800,000.00 7,800,000.00 0912/01/2004 610901287 N/A 10/01/2013 N 7,700,000.00 7,700,000.00 1012/01/2004 310901108 N/A 10/01/2008 N 7,~~485~~426,~~512~~562.5306 7,~~455~~396,~~559~~350.1981 1012/01/2004 600872903 N/A 11/01/2013 N 7,500,000.00 7,500,000.00 1012/01/2004 700201127 N/A 07/01/2013 N 7,~~377~~359,~~613~~386.1850 7,~~368~~349,~~013~~711.0822 1012/01/2004 610901332 N/A 11/01/2018 N 6,~~962~~907,~~808~~963.3414 6,~~934~~879,~~949~~868.4891 1012/01/2004 700201298 N/A 12/01/2013 N 7,100,000.00 7,100,000.00 1012/01/2004 700201193 N/A 10/01/2013 N 6,~~923~~909,~~650~~227.3118 6,~~915~~901,~~909~~417.6298 1012/01/2004 310901294 N/A 11/01/2023 N 6,~~852~~822,~~785~~424.4939 6,~~837~~806,~~065~~550.6421 1012/01/2004 600872928 N/A 11/01/2013 N 6,~~837~~820,~~815~~970.0590 6,~~828~~812,~~949~~037.9760 1011/01/2004 600872929 N/A 11/03/2013 N 6,600,000.00 6,600,000.00 1012/03/2004 850201387 N/A 08/01/2013 N 6,~~377~~357,~~305~~648.0095 6,~~366~~347,~~991~~241.7830 1012/01/2004 610901230 N/A 12/01/2017 N 6,~~180~~129,~~055~~700.1238 6,~~154~~103,~~434~~830.1760 1012/01/2004 600872930 N/A 12/05/2013 N 6,~~052~~041,~~622~~663.1772 6,~~046~~035,~~630~~614.4152 1012/05/2004 600872904 N/A 11/01/2013 N 5,~~994~~982,~~001~~457.4611 5,~~987~~976,~~742~~140.7327 1012/01/2004 700201073 N/A 03/01/2013 N 5,~~842~~829,~~402~~753.6918 5,~~835~~822,~~631~~921.2555 1012/01/2004 310900154 N/A 07/01/2010 N 5,~~656~~640,~~492~~327.4348 5,~~647~~631,~~818~~547.8144 1012/01/2004 310901357 N/A 12/01/2010 N 5,~~548~~536,~~253~~361.2608 5,~~541~~529,~~897~~950.6687 1012/01/2004 700201023 N/A 01/01/2013 N 5,~~303~~288,~~178~~722.6790 5,~~295~~280,~~472~~934.5081 1012/01/2004 850201227 N/A 09/01/2018 N 5,~~162~~121,~~310~~442.1437 5,~~141~~100,~~544~~496.2735 1012/01/2004 700201299 N/A 12/01/2013 N 5,300,000.00 5,300,000.00 1012/01/2004 850201279 N/A 11/01/2018 N 54,~~009~~970,~~546~~432.7371 4,~~989~~950,~~669~~383.0675 1012/01/2004 850201224 N/A 01/01/2016 N 4,~~935~~881,~~869~~988.0985 4,~~908~~854,~~651~~552.9077 1012/01/2004 850201270 N/A 11/01/2010 N 5,~~029~~015,~~563~~041.1909 5,~~021~~007,~~899~~304.8156 1012/01/2004 850201223 N/A 09/01/2015 N 4,~~877~~821,~~198~~831.8138 4,~~849~~793,~~243~~651.5519 1012/01/2004 700201303 N/A 12/01/2008 N 4,~~948~~936,~~634~~873.2795 4,~~942~~930,~~423~~613.1775 1012/01/2004 600872931 N/A 12/01/2012 N 4,~~939~~925,~~347~~385.2789 4,~~931~~917,~~965~~932.5383 1012/01/2004 600872932 N/A 12/01/2013 N 4,~~927~~911,~~730~~209.9000 4,~~919~~902,~~140~~548.4143 1012/01/2004 310901315 N/A 11/01/2013 N 4,~~926~~916,~~155~~099.5948 4,~~920~~910,~~746~~641.2073 1012/01/2004 700201188 N/A 10/01/2013 N 4,750,000.00 4,750,000.00 1012/01/2004 600872933 N/A 05/01/2013 N 4,700,000.00 4,700,000.00 1012/01/2004 600872920 N/A 11/01/2013 N 4,~~654~~645,~~451~~070.2385 4,~~649~~639,~~396~~970.8589 1012/01/2004 600872905 N/A 11/01/2010 N 4,650,000.00 4,~~650~~644,~~000~~931.0034 1012/01/2004 600872906 N/A 12/01/2013 N 4,500,000.00 4,500,000.00 1012/01/2004 700201390 N/A 01/01/2014 N 4,~~424~~405,~~775~~481.4960 4,~~414~~395,~~779~~387.3522 1012/01/2004 310901353 N/A 01/01/2014 N 4,~~262~~248,~~406~~956.9921 4,~~255~~241,~~376~~864.5894 1012/01/2004 600872934 N/A 10/01/2013 N 4,250,000.00 4,250,000.00 1012/01/2004 410901320 N/A 11/01/2013 N 2,~~279~~275,~~819~~653.0879 2,~~277~~273,~~543~~356.7364 1012/01/2004 410901319 N/A 11/01/2013 N 1,~~883~~879,~~328~~887.8292 1,~~881~~877,~~449~~990.1928 1012/01/2004 600872935 N/A 12/01/2013 N 4,050,000.00 4,050,000.00 1012/01/2004 600872907 N/A 10/01/2013 N 3,~~978~~965,~~999~~701.2793 3,~~972~~959,~~365~~007.8051 1012/01/2004 600872908 N/A 12/01/2013 N 4,000,000.00 4,000,000.00 1012/01/2004 850201264 N/A 10/01/2013 N 3,~~957~~949,~~454~~409.7393 3,~~953~~945,~~123~~039.5677 1012/01/2004 850201319 N/A 12/01/2018 N 3,~~873~~844,~~581~~668.4051 3,~~858~~829,~~855~~805.1529 1012/01/2004 700201216 N/A 11/01/2018 N 3,~~867~~839,~~175~~742.0137 3,~~853~~825,~~154~~576.5304 1012/01/2004 310901325 N/A 11/01/2013 N 3,~~746~~694,~~189~~014.6962 3,~~719~~667,~~880~~469.7414 1012/01/2004 600872936 N/A 10/01/2013 N 3,~~755~~746,~~318~~901.4741 3,~~750~~742,~~841~~386.2163 1012/01/2004 850201315 N/A 12/01/2018 N 3,~~682~~656,~~938~~124.3868 3,~~669~~642,~~261~~313.0887 1012/01/2004 600872937 N/A 12/01/2013 N 3,~~713~~704,~~134~~681.5808 3,~~708~~700,~~648~~158.7143 1012/01/2004 600872909 N/A 11/01/2013 N 3,~~511~~501,~~787~~841.2647 3,~~506~~496,~~527~~531.8602 1012/01/2004 600872938 N/A 12/01/2013 N 3,~~515~~507,~~687~~814.1624 3,~~511~~503,~~501~~593.4677 1012/01/2004 850201215 N/A 09/01/2010 N 3,500,000.00 3,500,000.00 1012/01/2004 700201197 N/A 10/01/2013 N 3,~~463~~457,~~866~~025.0381 3,~~460~~453,~~169~~295.1401 1012/01/2004 410901296 N/A 10/01/2013 N 3,~~462~~454,~~073~~907.7841 3,~~458~~451,~~224~~023.5798 1012/01/2004 600872939 N/A 10/01/2023 N 3,~~418~~403,~~826~~515.3929 3,~~410~~395,~~903~~514.3277 1012/01/2004 410901241 N/A 09/01/2013 N 3,~~334~~328,~~646~~531.1261 3,~~331~~325,~~305~~158.2554 1012/01/2004 700201215 N/A 11/01/2018 N 3,~~209~~186,~~755~~986.2415 3,~~198~~175,~~118~~228.2409 1012/01/2004 850201217 N/A 09/01/2018 N 3,~~259~~252,~~741~~806.3522 3,~~256~~249,~~027~~060.8922 1012/01/2004 410901272 N/A 10/01/2023 N 3,~~225~~211,~~966~~978.4153 3,~~218~~204,~~708~~646.6397 1012/01/2004 410901355 N/A 10/01/2013 N 1,~~919~~914,~~731~~018.4122 1,~~916~~910,~~725~~983.1486 0912/01/2004 410901235 N/A 10/01/2013 N 1,~~279~~276,~~820~~012.9719 1,~~277~~273,~~816~~989.7929 0911/01/2004 600872940 N/A 10/01/2013 N 3,~~152~~142,~~810~~078.9590 3,~~147~~136,~~235~~457.0969 1012/01/2004 600872941 N/A 10/01/2023 N 3,~~126~~112,~~348~~450.5793 3,~~119~~105,~~152~~183.5794 1012/01/2004 700201213 N/A 11/01/2018 N 2,~~997~~975,~~060~~800.5827 2,~~986~~964,~~194~~821.7036 1012/01/2004 600872910 N/A 12/01/2013 N 3,000,000.00 3,000,000.00 1012/01/2004 850201243 N/A 10/01/2013 N 3,000,000.00 3,000,000.00 1012/01/2004 410901291 N/A 11/01/2013 N 2,~~956~~947,~~744~~838.7501 2,~~952~~943,~~065~~115.2756 1012/01/2004 620901266 N/A 09/01/2018 N 2,~~951~~943,~~571~~200.9005 2,~~947~~938,~~142~~727.4715 1012/01/2004 410901249 N/A 08/01/2013 N 2,~~940~~932,~~141~~986.2428 2,~~936~~929,~~367~~182.7194 1012/01/2004 410901318 N/A 10/01/2013 N 2,~~871~~866,~~564~~170.4089 2,~~868~~863,~~628~~207.9869 1012/01/2004 850201259 N/A 10/01/2018 N 2,~~790~~770,~~681~~095.4403 2,~~780~~759,~~181~~492.9619 1012/01/2004 850201255 N/A 10/01/2013 N 2,~~820~~815,~~934~~429.5079 2,~~817~~812,~~954~~422.5832 1012/01/2004 410901256 N/A 10/01/2013 N 2,~~804~~796,~~699~~157.7282 2,~~800~~791,~~215~~632.5262 1012/01/2004 410901258 N/A 11/01/2013 N 2,~~776~~771,~~305~~410.3195 2,~~773~~768,~~617~~696.2663 1012/01/2004 700201344 N/A 01/01/2014 N 2,~~728~~723,~~505~~000.2454 2,~~725~~720,~~541~~010.5942 1012/01/2004 700201368 N/A 10/09/2013 N 2,~~682~~674,~~701~~717.5877 2,~~678~~670,~~500~~477.5145 1012/09/2004 410901263 N/A 09/01/2008 N 2,~~681~~674,~~535~~018.4562 2,~~677~~669,~~553~~996.2091 1012/01/2004 890901333 N/A 11/01/2018 N 2,~~680~~675,~~050~~917.0349 2,~~677~~673,~~729~~572.4270 1012/01/2004 410901305 N/A 11/01/2013 N 2,~~662~~654,~~040~~218.4836 2,~~657~~650,~~920~~059.3450 1012/01/2004 850201250 N/A 10/01/2013 N 2,~~529~~510,~~810~~956.5987 2,~~520~~501,~~200~~254.6919 1012/01/2004 850201249 N/A 10/01/2013 N 2,~~481~~463,~~715~~220.3811 2,~~472~~453,~~288~~701.1890 1012/01/2004 850201248 N/A 10/01/2013 N 2,~~433~~415,~~620~~483.1633 2,~~424~~406,~~375~~149.6658 1012/01/2004 410901269 N/A 09/01/2013 N 2,~~472~~467,~~516~~769.9546 2,~~469~~465,~~940~~168.1650 1012/01/2004 620901264 N/A 10/01/2013 N 2,~~457~~449,452.3349 2,~~453~~445,~~279~~243.4292 1012/01/2004 410901224 N/A 08/01/2013 N 2,~~464~~459,~~845~~223.6279 2,~~461~~456,~~859~~212.4267 1012/01/2004 850201236 N/A 09/01/2013 N 2,~~376~~372,~~752~~723.6489 2,~~374~~370,~~524~~473.4834 1012/01/2004 410901328 N/A 12/01/2013 N 2,~~331~~327,~~452~~165.6023 2,~~329~~324,~~113~~804.7717 1012/01/2004 600872942 N/A 10/05/2013 N 2,~~216~~210,~~942~~688.2918 2,~~213~~207,~~632~~346.5805 1012/05/2004 410901247 N/A 09/01/2013 N 2,~~206~~199,~~904~~499.6410 2,~~203~~195,~~051~~613.1148 1012/01/2004 410901309 N/A 10/01/2013 N 2,~~166~~159,~~313~~951.4042 2,~~162~~156,~~961~~567.1143 1012/01/2004 410901251 N/A 09/01/2013 N 2,~~163~~156,~~195~~841.9127 2,~~159~~153,~~846~~459.4088 1012/01/2004 410901278 N/A 10/01/2013 N 2,~~143~~132,~~269~~626.4867 2,~~137~~127,~~804~~115.9787 1012/01/2004 700201214 N/A 11/01/2018 N 2,~~107~~092,~~610~~659.4364 2,~~099~~084,~~969~~938.2799 1012/01/2004 600872911 N/A 12/01/2013 N 2,100,000.00 2,100,000.00 1012/01/2004 410901310 N/A 11/01/2013 N 2,~~071~~065,~~413~~517.6444 2,~~068~~062,~~297~~371.4109 1012/01/2004 700200941 N/A 11/01/2012 N 2,~~054~~049,~~075~~678.5799 2,~~051~~047,~~715~~297.2307 1012/01/2004 410901350 N/A 11/01/2008 N 1,~~995~~989,~~211~~081.7670 1,~~991~~985,~~997~~838.4542 1012/01/2004 410901354 N/A 12/01/2013 N 1,~~982~~978,~~652~~657.9818 1,~~980~~976,~~500~~485.7463 1012/01/2004 410901274 N/A 10/01/2013 N 1,~~976~~971,~~433~~994.5953 1,~~974~~969,~~072~~614.9009 1012/01/2004 410901379 N/A 01/01/2014 N 1,~~901~~895,~~304~~245.2349 1,~~898~~892,~~140~~054.3751 1012/01/2004 410901242 N/A 10/01/2013 N 1,~~895~~891,~~621~~950.9991 1,~~893~~889,~~632~~943.6004 1012/01/2004 850201247 N/A 10/01/2013 N 1,~~856~~853,~~925~~494.1050 1,~~855~~851,~~053~~605.5204 1012/01/2004 700201301 N/A 12/01/2013 N 1,800,000.00 1,800,000.00 1012/01/2004 600872943 N/A 12/01/2013 N 1,~~679~~674,~~449~~718.6560 1,~~676~~672,~~947~~192.3000 1012/01/2004 600872944 N/A 12/01/2018 N 1,~~598~~586,~~695~~950.8075 1,~~592~~580,~~708~~905.0756 1012/01/2004 410901340 N/A 01/01/2014 N 1,~~581~~577,~~727~~046.1429 1,~~579~~574,~~265~~561.0347 1012/01/2004 410901292 N/A 10/01/2013 N 1,~~576~~572,~~897~~523.6070 1,~~574~~570,~~578~~181.5461 1012/01/2004 410901244 N/A 08/01/2013 N 1,~~581~~578,~~793~~857.6756 1,~~580~~577,~~191~~240.7727 1012/01/2004 410901257 N/A 10/01/2013 N 1,~~575~~570,~~206~~526.4532 1,~~572~~568,~~743~~040.3618 1012/01/2004 410901165 N/A 05/01/2013 N 1,~~527~~524,~~121~~094.9040 1,~~525~~522,~~483~~440.6988 1012/01/2004 410901255 N/A 09/01/2013 N 1,~~513~~510,~~068~~144.5729 1,~~511~~508,~~482~~543.8172 1012/01/2004 600872945 N/A 12/01/2013 N 1,~~487~~484,~~132~~167.9285 1,~~485~~482,~~533~~554.5806 1012/01/2004 600872912 N/A 10/01/2013 N 1,~~482~~479,~~733~~478.6445 1,~~480~~477,~~997~~727.8891 1012/01/2004 600872913 N/A 10/01/2013 N 1,~~482~~479,~~733~~478.6445 1,~~480~~477,~~997~~727.8891 1012/01/2004 410901329 N/A 11/01/2018 N 1,~~447~~436,~~159~~272.33 1,~~441~~430,~~729~~788.36 10 12/01/2004 410901282 N/A 10/01/2013 N 1,~~409~~405,~~424~~528.2514 1,~~407~~403,~~357~~441.7303 1012/01/2004 410901327 N/A 12/01/2013 N 1,~~344~~342,~~668~~277.4002 1,~~343~~340,~~357~~953.3426 1012/01/2004 600872914 N/A 11/01/2013 N 1,~~336~~333,~~399~~600.1262 1,~~334~~332,~~898~~086.6598 1012/01/2004 410901298 N/A 10/01/2013 N 1,~~286~~283,~~429~~861.3851 1,~~285~~282,~~043~~463.5506 1012/01/2004 410901303 N/A 11/01/2013 N 1,~~283~~279,~~311~~863.8396 1,~~281~~278,~~477~~011.6822 1012/01/2004 410901286 N/A 11/01/2013 N 1,~~281~~278,~~846~~104.4489 1,~~279~~276,~~874~~114.2808 1012/01/2004 600872946 N/A 10/01/2018 N 1,~~180~~172,~~486~~082.3081 1,~~176~~167,~~190~~742.8829 1012/01/2004 410901273 N/A 10/01/2013 N 1,~~183~~180,~~211~~029.8515 1,~~181~~178,~~518~~318.4248 1012/01/2004 410901252 N/A 09/01/2013 N 1,~~181~~178,~~765~~606.2053 1,~~180~~176,~~082~~906.6364 1012/01/2004 410901271 N/A 09/01/2013 N 1,~~143~~139,~~690~~120.6388 1,~~141~~136,~~301~~704.1761 1012/01/2004 410901243 N/A 10/01/2013 N 1,~~133~~131,~~798~~673.2336 1,~~132~~130,~~641~~505.4057 1012/01/2004 410901276 N/A 11/01/2010 N 1,~~125~~123,~~741~~826.0097 1,~~124~~122,~~683~~759.8024 1012/01/2004 410901290 N/A 10/01/2013 N ~~986~~983,~~181~~560.9899 ~~984~~982,~~785~~150.4511 1012/01/2004 410901227 N/A 10/01/2013 N ~~984~~982,~~870~~011.4262 ~~983~~980,~~362~~488.2099 1012/01/2004 410901322 N/A 11/01/2013 N ~~979~~975,~~601~~389.5357 ~~977~~973,~~415~~181.2605 1012/01/2004 410901331 N/A 10/01/2023 N ~~978~~974,~~137~~001.6154 ~~975~~971,~~986~~828.9133 1012/01/2004 410901330 N/A 11/01/2018 N ~~964~~957,~~772~~514.8685 ~~961~~953,~~152~~858.8770 1012/01/2004 410901238 N/A 09/01/2013 N ~~971~~966,~~826~~983.1826 ~~969~~964,~~339~~475.4837 1012/01/2004 600872947 N/A 12/01/2013 N ~~943~~930,~~620~~744.5767 ~~937~~924,~~124~~188.7969 1012/01/2004 600872948 N/A 11/01/2018 N ~~871~~865,~~083~~100.7558 ~~868~~862,~~019~~002.4158 1012/01/2004 310900241 N/A 12/01/2010 N ~~858~~856,~~277~~119.5752 ~~857~~854,~~102~~929.3312 1012/01/2004 410901185 N/A 10/01/2013 N ~~692~~691,~~611~~214.6115 ~~691~~690,~~858~~454.5023 1012/01/2004 Totals 1,~~202~~199,~~309~~792,~~224~~231.8411 1,~~200~~198,~~996~~462,~~581~~587.2758

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 12/13/2004 0 $0.00 0 $0.00 0 $0.00 11/15/2004 0 $0.00 0 $0.00 0 $0.00 10/13/2004 0 $0.00 0 $0.00 0 $0.00 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 12/13/2004 0 $0.00 0 $0.00 0 $0.00 11/15/2004 0 $0.00 0 $0.00 0 $0.00 10/13/2004 0 $0.00 0 $0.00 0 $0.00 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 12/13/2004 0 $0.00 0 $0.00 5.546322% 5.499608% 105 11/15/2004 0 $0.00 0 $0.00 5.546483% 5.499764% 106 10/13/2004 0 $0.00 0 $0.00 5.546621% 5.499898% 107 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 ~~600872917~~600872928 3548 0 0911/01/2004 4636,~~145~~387.71 4636,~~145~~387.71 B ~~600872919 39 0 09/01/2004 35,230.00 35,230.00 B 410901355 98 0 09/01/2004 12,364.96 12,364.96 B~~ 410901235 99 0 0911/01/2004 8,243.3047 8,243.3047 B Totals 42 ~~101~~44,~~983~~631.9718 ~~101~~44,~~983~~631.9718

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~600872917~~600872928 86,~~046~~820,~~546~~970.2390 0.00 ~~600872919 7,800,000.00 0.00 410901355 1,919,731.41 0.00~~ 410901235 1,~~279~~276,~~820~~012.9819 0.00 Totals 198,~~046~~096,~~098~~983.6209 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = B (42 loans) ~~101~~44,~~983~~631.9718 ~~101~~44,~~983~~631.9718 198,~~046~~096,~~098~~983.6209 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