8-K 1 msc04t13_10501.txt 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: January 13, 2005 (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 January 13, 2005, 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 January 13, 2005 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: January 13, 2005 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 January 13, 2005 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: January 13, 2005 Record Date: December 31, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 - 20 Specially Serviced Loan Detail 21 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 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 2005, 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 ~~103~~102,~~801~~472,~~823~~179.2567 1,~~329~~223,~~643~~712.5894 ~~246~~243,~~529~~371.3343 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.~~059764~~059683% 12,109,000.00 12,109,000.00 0.00 51,~~057~~056.2342 F 61745MVK6 5.~~409764~~409683% 9,083,000.00 9,083,000.00 0.00 40,~~947~~946.4079 G 61745MVL4 5.~~499764~~499683% 10,596,000.00 10,596,000.00 0.00 48,562.9120 H 61745MVM2 5.~~499764~~499683% 9,082,000.00 9,082,000.00 0.00 41,~~624~~623.0543 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 12,688.1718 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,~~199~~198,~~792~~462,~~231~~587.2567 1,~~329~~223,~~643~~712.5894 4,~~379~~376,~~213~~052.0440

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,~~576~~467,~~172~~084.9137 ~~102~~101,~~472~~248,~~179~~466.6773 12.2526% A-2 61745MUZ4 0.00 0.00 765,016.67 233,000,000.00 12.2526% A-3 61745MVA8 0.00 0.00 464,608.33 127,000,000.00 12.2526% A-4 61745MVB6 0.00 0.00 2,287,893.02 589,157,000.00 12.2526% B 61745MVC4 0.00 0.00 126,096.37 31,789,000.00 9.6061% C 61745MVD2 0.00 0.00 48,339.08 12,110,000.00 8.5960% D 61745MVE0 0.00 0.00 99,907.50 24,220,000.00 6.57% E 61745MVG5 0.00 0.00 51,~~057~~056.2342 12,109,000.00 5.56% F 61745MVK6 0.00 0.00 40,~~947~~946.4079 9,083,000.00 4.80% G 61745MVL4 0.00 0.00 48,562.9120 10,596,000.00 3.92% H 61745MVM2 0.00 0.00 41,~~624~~623.0543 9,082,000.00 3.16% J 61745MVN0 0.00 0.00 38,072.91 9,083,000.00 2.40% K 61745MVP5 0.00 0.00 12,688.18 3,027,000.00 2.15% L 61745MVQ3 0.00 0.00 12,692.37 3,028,000.00 1.8990% M 61745MVR1 0.00 0.00 12,688.1718 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,~~708~~599,~~856~~765.6234 1,~~198~~197,~~462~~238,~~587~~874.6773

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X-1 61745MVH3 0.~~103562~~100733% 1,210,990,408.00 1,~~199~~198,~~792~~462,~~231~~587.2567 ~~103~~100,~~543~~603.9885 X-2 61745MVJ9 1.~~063019~~062942% 1,146,984,000.00 1,146,984,000.00 1,~~016~~015,~~054~~980.5077

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X-1 61745MVH3 0.00 ~~103~~100,~~543~~603.9885 1,~~198~~197,~~462~~238,~~587~~874.6773 X-2 61745MVJ9 0.00 1,~~016~~015,~~054~~980.5077 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 ~~902~~891.~~62455000~~06243191 1110.~~56211809~~64098209 2.~~14373330~~11627330 0.00000000 0.00000000 ~~891~~880.~~06243191~~42144983 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.~~21646957~~21640268 0.00000000 0.00000000 1,000.00000000 F 61745MVK6 1,000.00000000 0.00000000 4.~~50813608~~50806892 0.00000000 0.00000000 1,000.00000000 G 61745MVL4 1,000.00000000 0.00000000 4.~~58313609~~58306908 0.00000000 0.00000000 1,000.00000000 H 61745MVM2 1,000.00000000 0.00000000 4.~~58313697~~58306871 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.~~19166501~~19166832 0.00000000 0.00000000 1,000.00000000 N 61745MVS9 1,000.00000000 0.00000000 4.19166667 0.00000000 0.00000000 1,000.00000000 O 61745MVT7 1,000.00000000 0.00000000 4.19166832 0.00000000 0.00000000 1,000.00000000 P 61745MVU4 1,000.00000000 0.00000000 4.19166637 0.00000000 0.00000000 1,000.00000000 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount X-1 61745MVH3 ~~990~~989.~~75287742~~65489714 0.~~08550355~~08307568 0.00000000 ~~989~~988.~~65489714~~64439125 X-2 61745MVJ9 1,000.00000000 0.~~88584889~~88578461 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding ~~435~~870,~~890~~297.4347 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 4445,~~711~~873.4945 Less Delinquent Servicing Fees 29,~~473~~252.6957 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 2,~~833~~473.8469 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 4539,~~071~~094.6457

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 ~~246~~243,~~529~~371.3343 0.00 0.00 0.00 ~~246~~243,~~529~~371.3343 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 ~~103~~100,~~543~~603.9885 0.00 0.00 0.00 ~~103~~100,~~543~~603.9885 0.00 X-2 1,~~016~~015,~~054~~980.5077 0.00 0.00 0.00 1,~~016~~015,~~054~~980.5077 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,~~057~~056.2342 0.00 0.00 0.00 51,~~057~~056.2342 0.00 F 40,~~947~~946.4079 0.00 0.00 0.00 40,~~947~~946.4079 0.00 G 48,562.9120 0.00 0.00 0.00 48,562.9120 0.00 H 41,~~624~~623.0543 0.00 0.00 0.00 41,~~624~~623.0543 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,~~498~~492,~~811~~637.5302 0.00 0.00 0.00 5,~~498~~492,~~811~~637.5302 0.00

Class Interest Remaining Distribution Unpaid Interest A-1 ~~246~~243,~~529~~371.3343 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 ~~103~~100,~~543~~603.9885 0.00 X-2 1,~~016~~015,~~054~~980.5077 0.00 B 126,096.37 0.00 C 48,339.08 0.00 D 99,907.50 0.00 E 51,~~057~~056.2342 0.00 F 40,~~947~~946.4079 0.00 G 48,562.9120 0.00 H 41,~~624~~623.0543 0.00 J 38,072.91 0.00 K 12,688.18 0.00 L 12,692.37 0.00 M 12,688.1718 0.00 N 19,038.55 0.00 O 12,688.18 0.00 P 50,762.79 0.00 Total 5,~~498~~492,~~811~~637.5202 0.00

Other Required Information Available Distribution Amount (1) 6,~~828~~716,~~455~~349.1096 Principal Distribution Amount 1,~~329~~223,~~643~~712.5394 (a) Principal portion of Scheduled Payments 1,~~329~~223,~~643~~712.5394 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,~~198~~197,~~473~~288,~~543~~454.7920 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,~~198~~197,~~462~~238,~~587~~874.5864 Interest Reserve Account Deposits 0160,791.0040 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 4539,~~071~~094.6457 Servicing Fee Paid 4539,~~071~~094.6457 Special Servicing Fee Paid 0.00 Trustee Fee Paid ~~979~~1,007.8300 Paying Agent Fee Paid 1,~~019~~048.8210 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 5,701,357.00 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 5,701,357.00 Principal: Scheduled Principal 1,223,712.94 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 1,223,712.94 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 6,925,069.94 Total Funds Distributed Fees: Master Servicing Fee 45,873.45 Trustee Fee 1,007.00 Certificate Administration Fee 1,048.10 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 47,928.56 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 160,791.40 Payments to Certificateholders & Others: Interest Distribution 5,492,637.02 Principal Distribution 1,223,712.94 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 6,716,349.96 Total Funds Distributed 6,925,069.92

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,~~157~~133,~~557~~795.1772 0.76 ~~128~~127 6.~~3246~~3251 32.~~028555~~986057 1,000,001 to 2,000,000 34 51,~~697~~629,~~414~~375.2963 4.31 ~~108~~107 6.0153 1.~~988615~~988423 2,000,001 to 3,000,000 34 85,~~986~~853,~~490~~253.2178 7.17 ~~113~~112 5.9234 1.~~857801~~858060 3,000,001 to 4,000,000 22 77,~~448~~301,~~939~~474.0761 6.46 ~~134~~132 5.~~7855~~7854 2.~~014348~~015301 4,000,001 to 5,000,000 16 74,~~432~~308,~~478~~225.8445 6.21 ~~107~~106 5.~~4547~~4551 2.~~332609~~340386 5,000,001 to 6,000,000 9 49,~~097~~033,~~814~~805.5842 4.10 9897 6.~~0963~~0964 1.~~725593~~726880 6,000,001 to 7,000,000 8 52,~~486~~390,~~561~~265.1281 4.38 ~~136~~135 5.~~6795~~6796 1.~~830494~~830600 7,000,001 to 8,000,000 9 68,~~439~~385,~~585~~844.4423 5.71 ~~100~~99 5.~~5178~~5180 1.~~855860~~905710 8,000,001 to 9,000,000 3 24,~~265~~239,~~196~~163.2406 2.02 ~~104~~103 5.~~3735~~3736 2.~~780719~~780672 9,000,001 to 10,000,000 2 18,~~360~~350,~~258~~992.1496 1.53 8887 5.~~2752~~2750 3.~~189918~~189913 10,000,001 to 15,000,000 14 170,~~265~~095,~~482~~935.9582 14.21 ~~107~~106 5.5283 2.~~075004~~075335 15,000,001 to 20,000,000 4 68,~~627~~548,~~708~~427.1181 5.73 8180 5.3985 1.~~868766~~868787 20,000,001 to 30,000,000 3 70,~~900~~881,~~279~~445.8607 5.92 9695 5.~~4289~~4287 2.~~321384~~321456 30,000,001 and greater 7 377,~~296~~086,~~821~~869.5627 31.4850 ~~100~~99 5.~~3427~~3424 2.~~313145~~313640 Totals 175 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 1,~~273~~272,~~989~~165.2923 0.11 ~~106~~105 5.9000 1.620000 Alaska 2 3,~~020~~017,~~448~~768.6129 0.25 ~~106~~105 6.0961 1.~~408199~~408205 Arizona 8 70,~~395~~300,~~993~~841.3540 5.87 8988 5.~~8003~~8002 1.~~538101~~538138 California 69 333,~~746~~419,~~785~~844.9843 27.85 ~~101~~100 5.~~5016~~5014 2.~~259814~~260781 Colorado 5 13,~~516~~500,~~305~~481.7679 1.13 9594 5.~~7443~~7440 1.~~986216~~986506 Connecticut 8 38,~~081~~065,~~151~~946.0821 3.18 ~~111~~110 5.~~7337~~7336 2.~~074510~~163771 Florida 8 79,~~673~~587,~~560~~165.3432 6.65 ~~107~~106 5.3099 1.738264 Georgia 8 2827,~~007~~984,~~699~~902.3834 2.34 ~~107~~106 5.~~6256~~6252 2.~~478578~~479213 Idaho 1 ~~971~~969,~~828~~819.3357 0.08 ~~226~~225 6.5300 2.280000 Illinois 7 73,~~821~~806,~~013~~721.0724 6.16 ~~107~~106 5.~~5046~~5045 2.~~661595~~661829 Kentucky 1 2,~~759~~749,~~492~~297.1994 0.23 ~~166~~165 6.0250 1.450000 Maine 2 14,~~985~~934,~~434~~141.3153 1.25 ~~155~~154 5.~~3749~~3754 1.~~679221~~679364 Maryland 4 24,~~683~~674,~~048~~654.4410 2.06 9392 5.~~1509~~1508 2.~~493726~~493921 Massachusetts 6 43,~~314~~226,~~593~~083.0709 3.61 ~~162~~161 5.~~7643~~7645 1.~~877902~~878896 Minnesota 1 2,~~127~~121,~~115~~889.8753 0.18 ~~106~~105 5.2200 2.000000 Nebraska 1 32,~~984~~886,~~318~~431.6972 2.75 ~~167~~166 5.9900 1.360000 Nevada 4 21,~~710~~645,~~824~~851.4633 1.81 ~~106~~105 5.~~1344~~1349 1.~~926908~~926746 New Hampshire 1 3,~~825~~812,~~576~~012.0437 0.32 ~~167~~166 6.3800 1.600000 New Jersey 9 6665,~~034~~949,~~566~~582.4795 5.51 ~~116~~115 5.~~5830~~5829 2.~~374435~~374761 New York 7 89,~~421~~398,~~399~~980.4135 7.4647 8382 5.7921 2.~~139793~~139680 North Carolina 3 18,215,020.00 1.52 5756 5.0008 2.762468 Ohio 1 6,~~806~~791,~~550~~748.2167 0.57 ~~227~~226 6.1000 1.090000 Oregon 4 22,~~748~~705,~~579~~072.8897 1.90 ~~119~~118 5.~~5068~~5065 1.~~829197~~829264 Pennsylvania 8 44,~~406~~390,~~192~~830.2030 3.71 9089 5.~~3199~~3197 2.~~613473~~613915 South Carolina 1 6,350,000.00 0.53 4645 4.7750 2.610000 Tennessee 1 3,~~105~~098,~~183~~408.9457 0.26 ~~226~~225 6.1300 1.500000 Texas 13 88,~~477~~402,~~482~~096.3672 7.38 ~~101~~100 5.~~4948~~4946 2.~~044424~~044593 Utah 1 1,~~278~~276,~~011~~378.2218 0.11 ~~107~~106 6.4700 2.400000 Virginia 2 2,~~406~~398,~~742~~919.7540 0.20 ~~108~~107 5.~~7578~~7582 2.~~316240~~316441 Washington 5 15,~~558~~552,~~242~~022.4757 1.30 9594 5.~~4248~~4246 2.~~843070~~843171 Washington,DC 1 20,~~740~~721,~~279~~445.8607 1.73 ~~107~~106 5.9800 2.050000 West Virginia 1 7,000,000.00 0.58 4645 4.7750 2.610000 Wisconsin 3 17,~~015~~012,~~158~~351.5445 1.42 6564 5.~~2067~~2065 2.~~524183~~524319 Totals 197 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026

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 11 70,~~378~~261,~~547~~720.3779 5.87 ~~134~~133 6.~~0244~~0245 1.~~054687~~054654 1.21 to 1.30 10 66,~~218~~106,~~745~~535.3835 5.5352 ~~114~~113 5.~~9757~~9759 1.~~251293~~251299 1.31 to 1.40 4 54,~~210~~103,~~540~~928.8468 4.52 ~~143~~142 5.9829 1.~~363168~~363175 1.41 to 1.50 9 50,~~583~~498,~~626~~139.6032 4.22 ~~124~~123 5.~~9423~~9424 1.~~461780~~461777 1.51 to 1.60 14 100,~~486~~366,~~524~~417.7792 8.38 9493 5.~~8502~~8505 1.~~542815~~542802 1.61 to 1.70 14 32,~~483~~432,~~291~~575.3517 2.71 ~~118~~117 6.~~1373~~1374 1.~~659695~~659701 1.71 to 1.80 20 155,~~284~~108,~~015~~329.9809 12.96 ~~108~~107 5.~~4757~~4756 1.~~754979~~754985 1.81 or greater 93 668,~~817~~361,~~295~~228.2932 55.8183 9897 5.~~3302~~3301 2.~~670776~~676423 Totals 175 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 29 96,~~591~~461,~~726~~802.4413 8.06 9594 5.~~8248~~8249 1.~~961095~~957970 Lodging 2 9,~~402~~386,~~691~~357.7831 0.78 8988 6.0754 2.~~801531~~801800 Mixed Use 6 14,~~485~~466,~~179~~461.3930 1.21 ~~106~~105 5.8071 2.~~611796~~646787 Mobile Home Park 2 6,~~812~~805,~~413~~625.9353 0.57 7877 5.5834 1.~~968584~~968581 Multi-Family 27 107,~~134~~013,~~548~~210.0359 8.94 ~~119~~118 5.6280 2.~~195255~~195328 Office 38 385,~~557~~344,~~189~~698.7223 32.1719 ~~103~~102 5.~~4659~~4658 2.~~353028~~353429 Other 1 2,~~370~~368,~~473~~649.3448 0.20 ~~105~~104 6.6700 1.470000 Retail 83 ~~555~~554,~~162~~494,~~925~~620.9073 46.3231 ~~107~~106 5.~~5071~~5069 2.~~014067~~020648 Self Storage 9 20,~~945~~897,~~439~~449.0433 1.75 9392 5.~~8067~~8070 1.~~986484~~986314 Totals 197 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 5.500% or less 54 607,~~813~~334,~~304~~873.6527 50.7273 9594 5.1048 2.~~553707~~555035 5.501% to 6.000% 61 ~~367~~366,~~275~~844,~~978~~268.6735 30.6564 ~~109~~108 5.8180 1.~~829407~~838703 6.001% to 6.500% 49 200,~~309~~025,~~495~~792.3428 16.71 ~~128~~127 6.2079 1.~~546312~~544662 6.501% to 7.000% 7 12,~~767~~749,~~055~~832.0569 1.0706 ~~112~~111 6.6964 1.~~540145~~540098 7.001% to 7.500% 2 3,~~810~~806,~~277~~232.3109 0.32 ~~149~~148 7.0269 1.~~655967~~655961 7.5% or greater 2 6,~~486~~477,~~476~~875.5696 0.54 6867 7.9699 1.~~983325~~991998 Totals 175 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 408 ~~340~~154,~~078~~615,~~992~~393.2832 2812.3891 108 5.~~5652~~5703 2.~~319049~~475268 13 to 24 months ~~131~~163 ~~837~~1,~~666~~021,~~140~~929,053.4808 6985.9036 ~~105~~104 5.~~5146~~5229 2.~~080498~~104001 25 to 36 months 2 14,~~230~~216,~~978~~552.2628 1.19 9594 5.8558 1.993229 37 to 48 months 10 ~~854,929~~0.1200 0.0700 720 80.~~4300~~0000 10.~~610000~~000000 49 months and greater 12 56,~~631~~477,~~547~~875.4496 0.4754 67 7.~~9000~~9699 21.~~040000~~991998 Totals 175 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026

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,~~209~~146,~~364~~262.6820 8.11 4544 5.~~0102~~0100 2.~~388077~~388540 61 to 120 months 134 ~~927~~926,~~361~~685,~~073~~044.9850 77.3840 ~~100~~99 5.~~5391~~5390 2.~~206340~~210420 121 to 180 months 7 57,~~872~~805,~~191~~009.5548 4.83 ~~166~~165 5.~~9988~~9987 1.~~778572~~778963 181 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 149 1,~~082~~081,~~442~~636,~~630~~316.2118 90.3234 9897 5.~~5162~~5161 2.~~199791~~203360

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,~~591~~559,~~657~~103.8360 0.38 ~~107~~106 5.4742 2.~~166102~~166104 121 to 180 months 19 93,~~944~~597,~~575~~591.3252 7.8482 ~~163~~162 5.~~7817~~7819 1.~~659676~~659600 181 to 240 months 5 17,~~483~~445,~~724~~863.2234 1.46 ~~226~~225 6.1656 1.~~466613~~470292 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~~115,~~019~~602,~~957~~558.3746 9.6866 ~~170~~169 5.~~8274~~8277 1.~~650624~~651007

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 17.4951 7877 4.8960 2.935385 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 2928,~~026~~912,~~632~~573.4360 2.4241 9291 5.2367 1.~~606032~~605998 181 to 240 months 6 19,~~788~~743,~~647~~738.2471 1.65 ~~138~~137 5.~~7796~~7797 1.~~906042~~906046 241 to 300 months 44 214,~~711~~453,~~856~~425.6586 17.9291 ~~112~~111 6.~~0097~~0096 1.~~744283~~745146 301 to 360 months 80 ~~609~~608,~~315~~926,~~493~~578.8901 50.8486 ~~100~~99 5.5604 2.~~145090~~150767 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 149 1,~~082~~081,~~442~~636,~~630~~316.2118 90.3234 9897 5.~~5162~~5161 2.~~199791~~203360

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 17 222,~~216~~129,~~342~~533.5034 18.5455 ~~113~~112 5.~~2667~~2665 2.~~745858~~746255 1 year or less ~~158~~137 ~~976~~776,~~246~~024,~~245~~645.0805 8164.4682 ~~104~~101 5.~~6100~~6238 2.~~010229~~069960 1 to 2 years 021 0199,084,696.0025 016.0063 0110 05.~~0000~~5557 01.~~000000~~796877 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 175 1,~~198~~197,~~462~~238,~~587~~874.5864 100.00 ~~105~~104 5.~~5463~~5462 2.~~146628~~150026 (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~~406,~~509~~626.2523 0.00 5.247% 700201378 2 OF Los Angeles CA ~~252~~260,~~416~~830.6756 0.00 4.660% 850201260 3 RT Lakeland FL ~~252~~260,~~371~~456.9391 7466,~~227~~142.9799 5.123% 850201271 4 OF New York NY ~~291~~300,~~067~~769.5075 0.00 5.910% 850201258 5 RT Various Various 149,103.17 0.00 4.870% 700201328 6 RT Scottsdale AZ ~~177~~182,~~271~~906.7386 5145,~~557~~922.4633 6.170% 600872921 7 OF Omaha NE ~~165~~170,~~160~~134.1895 ~~102~~97,~~861~~886.7497 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~~106,~~466~~800.2192 2218,~~169~~834.5079 5.980% 700201206 11 RT Chandler AZ 8587,~~250~~982.1354 2421,~~448~~716.5312 5.190% 310901119 12 RT Jersey City NJ 7274,~~418~~739.1296 2018,~~668~~346.3652 5.175% 600872915 13 OF San Diego CA 7476,~~461~~850.2542 2017,~~198~~809.7154 5.340% 600872902 14 RT Plano TX 7779,~~014~~459.9348 2321,~~852~~408.6712 5.970% 850201251 15 MF Boston/Brookline MA 7779,~~392~~853.9626 2219,~~021~~561.5626 6.300% 850201317 16 RT Henderson NV 5860,~~327~~023.6368 5957,~~002~~306.3631 4.885% 310901259 17 RT Redwood City CA 6669,~~940~~091.0705 1614,~~815~~664.3638 5.550% 850201256 18 RT Various Various 53,121.88 0.00 4.775% 850201231 19 RT Salem MA 5557,~~937~~802.5008 0.00 5.370% 600872916 20 OF Sherman Oaks CA 5456,~~462~~209.1764 1413,~~773~~026.6720 5.340% 600872923 21 MF North Brunswick NJ 5961,~~465~~375.0529 1412,~~277~~367.5733 5.850% 600872924 22 RT Orland Park IL 6062,~~800~~826.0067 0.00 6.080% 850201278 23 RT Basking Ridge NJ 6264,~~389~~375.9391 1614,~~879~~893.4547 6.445% 850201254 24 RT Various Various 50,427.27 0.00 5.161% 600872925 25 IN Santa Ana CA 5456,~~379~~107.0137 1514,~~809~~080.2993 6.190% 850201057 26 IN Janesville WI 42,148.33 0.00 4.840% 850201276 27 RT Sanford ME 4749,~~764~~234.0181 2523,~~118~~647.0525 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 4243,~~274~~633.9016 109,~~623~~265.4418 5.565% 700201102 31 OF Santa Barbara CA 2526,~~910~~743.4015 65,~~301~~469.8308 5.700% 700201103 32 MU Pasadena CA 1415,~~939~~419.3347 3,~~633~~153.4834 5.700% 600872926 33 RT Lutherville MD 3738,~~526~~732.7215 98,~~599~~394.7734 5.500% 600872927 34 MF Fair Lawn NJ 3435,~~131~~224.8082 109,~~239~~146.0402 5.070% 600872917 35 OF Beverly Hills CA 3738,~~131~~323.9944 98,~~684~~492.2782 5.550% 850201313 36 RT Stamford CT 3638,~~950~~138.6287 97,~~000~~812.9267 5.605% 310901293 37 RT Medford OR 3637,~~540~~715.8826 97,~~133~~959.5214 5.550% 700201300 38 OF Stamford CT 3839,~~415~~695.0050 0.00 5.910% 600872919 39 RT Commerce CA 3536,~~750~~941.0067 0.00 5.500% 610901287 40 MF Fullerton CA 3435,~~136~~274.6756 0.00 5.320% 310901108 41 IN Pico Rivera CA 3233,~~491~~437.2167 3029,~~211~~264.2579 5.250% 600872903 42 OF Long Beach CA 3537,~~937~~135.5042 0.00 5.750% 700201127 43 RT Eugene OR 3031,~~357~~328.4714 98,~~675~~704.2861 4.950% 610901332 44 RT Missouri City TX 2930,~~646~~510.6831 2827,~~094~~230.2360 5.150% 700201298 45 OF Stamford CT 3435,~~375~~521.8369 0.00 5.810% 700201193 46 OF Calabasas CA 3233,~~818~~874.8346 76,~~809~~753.2057 5.700% 310901294 47 RT Columbus OH 3435,~~680~~753.6630 1514,~~874~~801.1854 6.100% 600872928 48 MF College Station TX 2728,~~624~~508.9338 8,~~933~~049.3085 4.860% 600872929 49 MF Philadelphia PA 3132,~~625~~679.0017 0.00 5.750% 850201387 50 RT Westminster CO 3031,~~543~~509.2165 109,~~407~~441.6521 5.765% 610901230 51 RT Tigard OR 3031,~~290~~168.9453 2524,~~869~~992.7819 5.930% 600872930 52 RT Alpharetta GA 3132,~~668~~691.3924 65,~~049~~026.2035 6.290% 600872904 53 RT Oceanside CA 3031,~~111~~082.7057 65,~~316~~345.8497 6.040% 700201073 54 RT Sunrise FL 2728,~~739~~630.9198 65,~~831~~940.6356 5.710% 310900154 55 IN San Diego CA 3738,~~132~~310.1617 87,~~780~~602.0403 7.900% 310901357 56 MH Hemet CA 2526,~~421~~238.1208 65,~~410~~593.2125 5.510% 700201023 57 RT Lincoln IL 2930,~~969~~922.4381 76,~~788~~834.0971 6.800% 850201227 58 MF Ayer MA 2223,~~577~~234.0318 20,~~946~~288.0287 5.290% 700201299 59 OF Stamford CT 2526,~~660~~516.8319 0.00 5.810% 850201279 60 IN City of Industry CA 2122,~~766~~401.3517 2019,~~048~~414.9614 5.255% 850201224 61 RT Spencer MA 1920,~~833~~379.0801 2726,~~436~~890.0815 4.875% 850201270 62 LO Santa Barbara CA 2526,~~263~~065.2711 76,~~736~~934.5369 6.045% 850201223 63 RT Lewiston ME 1920,~~588~~123.6935 2827,~~180~~645.1953 4.875% 700201303 64 RT Tempe AZ 2021,~~611~~271.4549 65,~~260~~600.2016 5.010% 600872931 65 IN Carrollton TX 25,~~160~~959.5185 76,~~453~~653.0672 6.130% 600872932 66 MF North Brunswick NJ 2021,~~831~~488.7114 8,~~660~~004.5714 5.090% 310901315 67 OF Watsonville CA 2324,~~638~~399.2407 54,~~457~~696.7592 5.770% 700201188 68 OF New York NY 2122,~~295~~005.8369 0.00 5.380% 600872933 69 RT Lemont IL 20,445.00 0.00 5.220% 600872920 70 RT Arlington WA 2223,~~567~~293.3094 54,~~099~~373.9632 5.830% 600872905 71 OF La Mesa CA 21,~~397~~374.7543 5,~~068~~091.6698 5.522% 600872906 72 IN Long Beach CA 2223,~~425~~172.0050 0.00 5.980% 700201390 73 LO Fishkill NY 2223,~~431~~125.2484 109,~~094~~399.3878 6.110% 310901353 74 MU Costa Mesa CA 19,~~226~~834.5325 76,~~091~~483.2755 5.430% 600872934 75 IN Landover MD 19,~~231~~872.2529 0.00 5.430% 410901320 76 IN Livermore CA 1112,~~909~~293.2581 21,~~297~~912.1559 6.280% 410901319 77 IN Livermore CA 910,~~838~~155.0875 1,~~897~~579.6497 6.280% 600872935 78 MF Old Bridge NJ 1819,~~461~~076.2563 0.00 5.470% 600872907 79 IN Pomona CA 18,~~176~~145.1345 6,~~694~~725.4210 5.500% 600872908 80 IN Cerritos CA 1920,~~600~~253.0033 0.00 5.880% 850201264 81 MF Bronx NY 19,~~138~~754.1824 43,~~370~~754.1610 5.815% 850201319 82 RT Los Angeles CA 18,~~214~~748.1249 14,~~863~~328.2285 5.685% 700201216 83 RT Nashua NH 2021,~~414~~017.6329 1413,~~166~~563.3367 6.380% 310901325 84 SS Arcadia CA 1617,~~746~~180.2006 26,~~545~~111.4862 5.440% 600872936 85 IN Santa Ana CA 1617,~~704~~240.9497 43,~~514~~978.7875 5.350% 850201315 86 RT Scottsdale AZ 18,~~204~~740.4521 13,~~810~~275.8105 5.975% 600872937 87 RT Port St. Lucie FL 16,~~115~~632.3621 4,~~522~~005.6580 5.220% 600872909 88 RT San Antonio TX 1718,~~976~~547.1215 54,~~310~~739.4542 6.160% 600872938 89 MF West Orange NJ 15,~~492~~990.8501 43,~~220~~723.4731 5.300% 850201215 90 MF Ft. Lauderdale FL 1516,~~735~~259.4293 0.00 5.395% 700201197 91 RT Los Angeles CA 17,~~141~~693.0934 3,~~730~~178.8055 5.950% 410901296 92 SS Sacramento CA 1617,~~497~~027.1893 3,~~883~~352.4368 5.730% 600872939 93 RT Alpharetta GA 17,~~216~~748.1117 87,~~000~~468.5246 6.070% 410901241 94 RT Oshkosh WI 1718,~~530~~096.2725 32,~~373~~807.0709 6.320% 700201215 95 RT Saugus MA 1617,~~944~~444.1435 11,~~758~~257.0685 6.380% 850201217 96 RT Orcutt CA 15,~~261~~751.0862 3,~~746~~255.0046 5.630% 410901272 97 RT Bakersfield CA 1617,~~943~~468.1900 76,~~331~~806.5675 6.330% 410901355 98 MF Pensacola FL 9,~~410~~708.5986 32,~~034~~736.3609 5.900% 410901235 99 MF Bay Minette AL 6,~~273~~472.7357 21,~~022~~824.9006 5.900% 600872940 100 RT River Forest IL 13,~~275~~693.2825 5,~~621~~203.2124 5.070% 600872941 101 RT Gallatin TN 1516,~~899~~391.4406 76,~~266~~775.9937 6.130% 700201213 102 RT Stoughton MA 1516,~~821~~288.3440 10,~~978~~511.9185 6.380% 600872910 103 IN Placentia CA 1415,~~700~~190.00 0.00 5.880% 850201243 104 MF New Carrollton MD 10,750.00 0.00 4.300% 410901291 105 IN Chatsworth CA 14,~~223~~673.3288 4,~~722~~271.4589 5.790% 620901266 106 MF Goleta CA 15,~~280~~765.1145 43,~~472~~987.9056 6.230% 410901249 107 RT Las Vegas NV 12,~~220~~611.7876 3,~~803~~412.3436 5.000% 410901318 108 RT Phoenix AZ 1415,~~760~~237.7804 2,~~963~~486.2094 6.180% 850201259 109 OF Lexington KY 1314,~~908~~316.1978 10,~~602~~194.8425 6.025% 850201255 110 MF Bryn Mawr PA 14,~~088~~542.8896 32,~~007~~553.4739 6.005% 410901256 111 SS Riverside CA 13,~~421~~846.5650 4,~~525~~100.2026 5.760% 410901258 112 RT Grand Prairie TX 1415,~~873~~353.2496 2,~~714~~233.3260 6.440% 700201344 113 RT Chino Hills CA 13,~~093~~514.0967 2,~~990~~568.1254 5.770% 700201368 114 RT Cranberry Township PA 13,~~150~~567.7051 43,~~240~~823.3251 5.900% 410901263 115 SS Rosamond CA 14,~~038~~484.6073 43,~~021~~575.7158 6.300% 890901333 116 RT Tampa FL 1516,~~657~~164.0274 21,~~344~~837.7907 7.021% 410901305 117 OF Woodland Hills CA 13,~~138~~555.3805 43,~~158~~742.8619 5.940% 850201250 118 RT North Plainfield NJ 12,~~356~~718.0053 9,~~702~~340.6815 5.905% 850201249 119 RT Forked River NJ 12,~~121~~476.1073 9,~~518~~162.2158 5.905% 850201248 120 RT Downingtown PA 1112,~~886~~234.1994 98,~~333~~985.7500 5.905% 410901269 121 IN Las Vegas NV 12,~~565~~970.0621 2,~~600~~195.9681 6.110% 620901264 122 OF Monterey CA 1011,~~920~~265.4810 43,~~208~~863.5795 5.350% 410901224 123 SS Carson CA 1011,~~902~~252.5618 32,~~011~~661.1250 5.320% 850201236 124 OT Los Angeles CA 13,~~188~~615.3908 21,~~250~~823.5586 6.670% 410901328 125 IN Torrance CA 12,~~062~~451.4791 21,~~361~~971.0662 6.220% 600872942 126 RT Woodstock GA 11,~~458~~822.7379 32,~~342~~978.1307 6.220% 410901247 127 IN Moreno Valley CA 9,~~531~~831.1647 3,~~885~~585.6231 5.200% 410901309 128 IN Phoenix AZ 1011,~~763~~105.7612 3,~~383~~042.9963 5.980% 410901251 129 MU San Francisco CA 1011,~~820~~163.1530 3,~~381~~038.3924 6.020% 410901278 130 MF Duluth MN 9,~~276~~561.9339 5,~~510~~226.8034 5.220% 700201214 131 RT Orange CT 11,~~125~~454.9742 7,~~720~~392.6520 6.380% 600872911 132 RT Orange CA 10,~~535~~886.0017 01,887.0069 6.020% 410901310 133 MU Los Angeles CA 10,~~551~~886.3545 32,~~146~~811.3525 6.130% 700200941 134 IN Las Vegas NV 10,~~060~~383.5178 2,~~381~~058.9265 5.890% 410901350 135 SS Bakersfield CA 9,~~398~~695.4186 32,~~243~~945.2883 5.670% 410901354 136 RT Houston TX 9,~~563~~871.5145 21,~~171~~863.5561 5.800% 410901274 137 MF Long Beach CA 89,~~775~~056.3894 2,~~380~~098.4488 5.340% 410901379 138 IN Duarte CA 8,~~481~~749.2218 32,~~190~~923.9802 5.370% 410901242 139 MF Anchorage AK 9,~~522~~829.8280 21,~~007~~700.8789 6.040% 850201247 140 OF Boca Raton FL 9,~~661~~973.3421 1,~~889~~577.4659 6.255% 700201301 141 OF Stamford CT 89,~~865~~160.0050 0.00 5.910% 600872943 142 RT Chicago IL 8,~~582~~855.9365 2,~~526~~253.6088 6.150% 600872944 143 RT Marietta GA 7,~~762~~991.8304 65,~~045~~816.1998 5.870% 410901340 144 IN Monterey Park CA 7,~~648~~891.6718 2,~~484~~242.8231 5.820% 410901292 145 IN Colorado Springs CO 8,~~281~~545.9628 2,~~342~~078.0977 6.320% 410901244 146 RT Castle Rock CO 8,~~275~~542.8595 1,~~617~~350.2919 6.290% 410901257 147 SS Mesa AZ 7,~~734~~980.8402 2,~~486~~240.1496 5.910% 410901165 148 OF Folsom CA 7,~~709~~957.3871 1,~~653~~405.5219 6.070% 410901255 149 MF Sacramento CA 7,~~651~~898.4006 1,~~600~~353.5791 6.080% 600872945 150 MU McLean VA 7,~~235~~468.3237 1,~~613~~380.7974 5.850% 600872912 151 OF Newport Beach CA 6,~~719~~935.3006 1,~~750~~534.5478 5.450% 600872913 152 OF Newport Beach CA 6,~~719~~935.3006 1,~~750~~534.5478 5.450% 410901329 153 MF San Diego CA 7,~~157~~130.4209 5,~~484~~511.2356 5.980% 410901282 154 MU Woodburn OR 7,~~425~~662.8701 21,~~087~~850.1197 6.340% 410901327 155 RT Sonoma CA 7,~~125~~355.2550 1,~~323~~093.7651 6.370% 600872914 156 OF Newport Beach CA 6,~~279~~480.0497 1,~~513~~311.6471 5.650% 410901298 157 MH Lakewood WA 6,~~312~~515.3262 1,~~398~~195.4515 5.900% 410901303 158 RT Orem UT 67,~~900~~120.6030 1,~~852~~633.7404 6.470% 410901286 159 MF Simi Valley CA 6,~~369~~571.2228 1,~~990~~788.8175 5.980% 600872946 160 RT Jacksonville FL 6,~~290~~475.1878 4,~~340~~154.5292 6.440% 410901273 161 SS Union City GA 6,~~391~~595.8231 1,~~710~~507.6718 6.500% 410901252 162 SS Lancaster CA 6,~~462~~668.6948 1,~~699~~494.8910 6.580% 410901271 163 RT Cypress TX 6,~~682~~890.8496 2,~~416~~208.2715 7.040% 410901243 164 MF Anchorage AK 56,~~837~~025.5591 ~~1,167~~979.7943 6.190% 410901276 165 IN Mesa AZ 6,~~181~~381.0502 ~~1,067~~867.7376 6.600% 410901290 166 IN Poway CA 5,~~385~~556.0051 1,~~410~~239.8837 6.570% 410901227 167 IN Goleta CA 45,~~950~~108.9808 1,~~522~~365.6353 6.050% 410901322 168 IN Sacramento CA 5,~~153~~313.3103 2,~~208~~048.5280 6.340% 410901331 169 MF Boise ID 5,~~300~~464.1964 2,~~173~~008.2176 6.530% 410901330 170 MF San Diego CA 4,~~771~~753.6240 3,~~656~~674.1537 5.980% 410901238 171 IN Sacramento CA 4,~~230~~360.5523 2,~~507~~378.8921 5.250% 600872947 172 IN Falls Church VA 4,~~351~~464.2360 6,~~555~~442.9861 5.610% 600872948 173 RT Denver CO 45,~~866~~010.1939 32,~~098~~953.0080 6.750% 310900241 174 MF El Paso TX 6,~~014~~206.2407 ~~1,190~~998.4057 8.430% 410901185 175 RT Kent WA 3,~~369~~478.6716 ~~759~~651.9243 5.850% Totals 5,~~545~~701,~~522~~357.6900 1,~~329~~223,~~643~~712.5394

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 1112/08/2004 700201378 N/A 07/01/2013 N 65,000,000.00 65,000,000.00 1201/01/~~2004~~2005 850201260 N/A 10/01/2013 N 59,~~120~~046,~~804~~576.4447 5958,~~046~~980,~~576~~433.4748 1201/01/~~2004~~2005 850201271 N/A 11/01/2010 N 59,100,000.00 59,100,000.00 1201/01/~~2004~~2005 850201258 10/01/2008 10/01/2033 N 36,740,000.00 36,740,000.00 1201/01/~~2004~~2005 700201328 N/A 01/01/2014 N 34,~~477~~425,~~483~~926.8640 34,~~425~~380,~~926~~004.4007 1201/01/~~2004~~2005 600872921 N/A 11/01/2018 N 3332,~~087~~984,~~180~~318.4369 32,~~984~~886,~~318~~431.6972 1201/01/~~2004~~2005 600872901 N/A 12/01/2013 N 28,600,000.00 28,600,000.00 12/01/2004 850201277 N/A 11/01/2010 N 21,560,000.00 21,560,000.00 1201/01/~~2004~~2005 600872922 N/A 11/01/2013 N 20,~~762~~740,~~449~~279.3686 20,~~740~~721,~~279~~445.8607 1201/01/~~2004~~2005 700201206 N/A 10/01/2008 N 19,~~711~~686,~~013~~564.3279 19,~~686~~664,~~564~~848.7967 1201/01/~~2004~~2005 310901119 N/A 12/01/2013 N 16,~~792~~771,~~608~~939.3195 16,~~771~~753,~~939~~593.9543 1201/01/~~2004~~2005 600872915 N/A 10/01/2010 N 16,~~732~~712,~~866~~667.0736 16,~~712~~694,~~667~~857.3682 1201/01/~~2004~~2005 600872902 N/A 01/01/2014 N 15,~~480~~456,~~388~~536.6801 15,~~456~~435,~~536~~127.0189 12/01/2004 850201251 N/A 10/01/2018 N 14,~~741~~719,~~516~~494.0650 14,~~719~~699,~~494~~933.5024 1201/01/~~2004~~2005 850201317 N/A 12/01/2013 N 14,~~328~~269,~~178~~175.3195 14,~~269~~211,~~175~~869.9564 1201/01/~~2004~~2005 310901259 N/A 10/01/2013 N 14,~~473~~456,~~529~~714.4408 14,~~456~~442,~~714~~049.0870 1201/01/~~2004~~2005 850201256 N/A 10/01/2008 N 13,350,000.00 13,350,000.00 1201/01/~~2004~~2005 850201231 N/A 09/01/2018 N 12,500,000.00 12,500,000.00 1201/01/~~2004~~2005 600872916 N/A 10/01/2010 N 12,~~238~~223,~~690~~916.6295 12,~~223~~210,~~916~~890.9575 1201/01/~~2004~~2005 600872923 N/A 11/01/2012 N 12,~~197~~183,~~958~~681.7619 12,~~183~~171,~~681~~313.1986 1201/01/~~2004~~2005 600872924 N/A 10/01/2013 N 12,000,000.00 12,000,000.00 1201/01/~~2004~~2005 850201278 N/A 11/01/2018 N 11,~~616~~599,~~433~~553.3186 11,~~599~~584,~~553~~660.8639 1201/01/~~2004~~2005 850201254 N/A 11/01/2010 N 11,725,000.00 11,725,000.00 1201/01/~~2004~~2005 600872925 N/A 12/01/2013 N 10,~~541~~526,~~972~~163.5930 10,~~526~~512,~~163~~082.3037 1201/01/~~2004~~2005 850201057 N/A 03/01/2008 N 10,450,000.00 10,450,000.00 1201/01/~~2004~~2005 850201276 N/A 11/01/2018 N 10,~~216~~191,~~901~~783.1712 10,~~191~~168,~~783~~135.1287 1201/01/~~2004~~2005 850201252 N/A 10/01/2010 N 10,070,000.00 10,070,000.00 1201/01/~~2004~~2005 850201295 12/01/2010 12/01/2033 N 9,255,000.00 9,255,000.00 1201/01/~~2004~~2005 850201238 N/A 09/01/2013 N 9,~~115~~105,~~881~~258.5814 9,~~105~~095,~~258~~992.1496 1201/01/~~2004~~2005 700201102 N/A 06/01/2013 N 5,~~454~~448,~~820~~518.5673 5,~~448~~443,~~518~~049.7365 1201/01/~~2004~~2005 700201103 N/A 06/01/2013 N 3,~~145~~141,~~121~~488.8739 3,~~141~~138,~~488~~335.3905 1201/01/~~2004~~2005 600872926 N/A 10/01/2013 N 8,~~187~~178,~~648~~048.2144 8,~~178~~169,~~048~~654.4410 1201/01/~~2004~~2005 600872927 N/A 10/01/2013 N 8,~~078~~068,~~532~~293.2218 8,~~068~~059,~~293~~147.1816 1201/01/~~2004~~2005 600872917 N/A 03/01/2013 N 8,~~028~~018,~~538~~854.8962 8,~~018~~010,~~854~~361.6280 1201/01/~~2004~~2005 850201313 N/A 12/01/2013 N 7,~~910~~901,~~927~~926.3038 7,~~901~~894,~~926~~113.3871 1201/01/~~2004~~2005 310901293 N/A 11/01/2013 N 7,~~900~~891,~~730~~597.5503 7,~~891~~883,~~597~~637.0389 1201/01/~~2004~~2005 700201300 N/A 12/01/2013 N 7,800,000.00 7,800,000.00 1201/01/~~2004~~2005 600872919 N/A 10/01/2013 N 7,800,000.00 7,800,000.00 1201/01/~~2004~~2005 610901287 N/A 10/01/2013 N 7,700,000.00 7,700,000.00 1201/01/~~2004~~2005 310901108 N/A 10/01/2008 N 7,~~426~~396,~~562~~350.0681 7,~~396~~367,~~350~~086.8102 1201/01/~~2004~~2005 600872903 N/A 11/01/2013 N 7,500,000.00 7,500,000.00 12/01/2004 700201127 N/A 07/01/2013 N 7,~~359~~349,~~386~~711.5022 7,~~349~~341,~~711~~006.2261 1201/01/~~2004~~2005 610901332 N/A 11/01/2018 N 6,~~907~~879,~~963~~868.1491 6,~~879~~852,~~868~~638.9131 1201/01/~~2004~~2005 700201298 N/A 12/01/2013 N 7,100,000.00 7,100,000.00 1201/01/~~2004~~2005 700201193 N/A 10/01/2013 N 6,~~909~~901,~~227~~417.1898 6,~~901~~894,~~417~~664.9841 1201/01/~~2004~~2005 310901294 N/A 11/01/2023 N 6,~~822~~806,~~424~~550.3921 6,~~806~~791,~~550~~748.2167 1201/01/~~2004~~2005 600872928 N/A 11/01/2013 N 6,~~820~~812,~~970~~037.9060 6,~~812~~803,~~037~~987.6075 1101/01/~~2004~~2005 600872929 N/A 11/03/2013 N 6,600,000.00 6,600,000.00 1201/03/~~2004~~2005 850201387 N/A 08/01/2013 N 6,~~357~~347,~~648~~241.9530 6,~~347~~337,~~241~~800.3009 1201/01/~~2004~~2005 610901230 N/A 12/01/2017 N 6,~~129~~103,~~700~~830.3860 6,~~103~~078,~~830~~838.6041 1201/01/~~2004~~2005 600872930 N/A 12/05/2013 N 6,~~041~~035,~~663~~614.7252 6,~~035~~030,~~614~~588.5217 1201/05/~~2004~~2005 600872904 N/A 11/01/2013 N 5,~~982~~976,~~457~~140.1127 5,~~976~~970,~~140~~794.2730 12/01/2004 700201073 N/A 03/01/2013 N 5,~~829~~822,~~753~~921.1855 5,~~822~~816,~~921~~980.5599 1201/01/~~2004~~2005 310900154 N/A 07/01/2010 N 5,~~640~~631,~~327~~547.4844 5,~~631~~623,~~547~~945.4441 1201/01/~~2004~~2005 310901357 N/A 12/01/2010 N 5,~~536~~529,~~361~~950.0887 5,~~529~~524,~~950~~357.8762 1201/01/~~2004~~2005 700201023 N/A 01/01/2013 N 5,~~288~~280,~~722~~934.9081 5,~~280~~274,~~934~~100.8110 1201/01/~~2004~~2005 850201227 N/A 09/01/2018 N 5,~~121~~100,~~442~~496.3735 5,~~100~~080,~~496~~207.3548 1201/01/~~2004~~2005 700201299 N/A 12/01/2013 N 5,300,000.00 5,300,000.00 1201/01/~~2004~~2005 850201279 N/A 11/01/2018 N 4,~~970~~950,~~432~~383.7175 4,~~950~~930,~~383~~969.7561 1201/01/~~2004~~2005 850201224 N/A 01/01/2016 N 4,~~881~~854,~~988~~552.8577 4,~~854~~827,~~552~~662.7762 1201/01/~~2004~~2005 850201270 N/A 11/01/2010 N 5,~~015~~007,~~041~~304.0956 5,~~007~~000,~~304~~369.5687 1201/01/~~2004~~2005 850201223 N/A 09/01/2015 N 4,~~821~~793,~~831~~651.3819 4,~~793~~766,~~651~~005.1966 1201/01/~~2004~~2005 700201303 N/A 12/01/2008 N 4,~~936~~930,~~873~~613.9575 4,~~930~~925,~~613~~013.7559 1201/01/~~2004~~2005 600872931 N/A 12/01/2012 N 4,~~925~~917,~~385~~932.8983 4,~~917~~911,~~932~~279.8311 1201/01/~~2004~~2005 600872932 N/A 12/01/2013 N 4,~~911~~902,~~209~~548.0043 4,~~902~~894,~~548~~544.4329 1201/01/~~2004~~2005 310901315 N/A 11/01/2013 N 4,~~916~~910,~~099~~641.4873 4,~~910~~905,~~641~~944.7381 1201/01/~~2004~~2005 700201188 N/A 10/01/2013 N 4,750,000.00 4,750,000.00 1201/01/~~2004~~2005 600872933 N/A 05/01/2013 N 4,700,000.00 4,700,000.00 1201/01/~~2004~~2005 600872920 N/A 11/01/2013 N 4,~~645~~639,~~070~~970.8589 4,~~639~~635,~~970~~597.8957 1201/01/~~2004~~2005 600872905 N/A 11/01/2010 N 4,~~650~~644,~~000~~931.0034 4,~~644~~639,~~931~~839.3436 12/01/2004 600872906 N/A 12/01/2013 N 4,500,000.00 4,500,000.00 12/01/2004 700201390 N/A 01/01/2014 N 4,~~405~~395,~~481~~387.6022 4,~~395~~385,~~387~~987.2244 1201/01/~~2004~~2005 310901353 N/A 01/01/2014 N 4,~~248~~241,~~956~~864.2194 4,~~241~~235,~~864~~381.9439 1201/01/~~2004~~2005 600872934 N/A 10/01/2013 N 4,250,000.00 4,250,000.00 1201/01/~~2004~~2005 410901320 N/A 11/01/2013 N 2,~~275~~273,~~653~~356.7964 2,~~273~~271,~~356~~444.6405 1201/01/~~2004~~2005 410901319 N/A 11/01/2013 N 1,~~879~~877,~~887~~990.9228 1,~~877~~876,~~990~~410.2831 1201/01/~~2004~~2005 600872935 N/A 12/01/2013 N 4,050,000.00 4,050,000.00 1201/01/~~2004~~2005 600872907 N/A 10/01/2013 N 3,~~965~~959,~~701~~007.9351 3,~~959~~952,~~007~~282.5141 12/01/2004 600872908 N/A 12/01/2013 N 4,000,000.00 4,000,000.00 12/01/2004 850201264 N/A 10/01/2013 N 3,~~949~~945,~~409~~039.9377 3,~~945~~941,~~039~~285.7767 1201/01/~~2004~~2005 850201319 N/A 12/01/2018 N 3,~~844~~829,~~668~~805.5129 3,~~829~~815,~~805~~476.2944 1201/01/~~2004~~2005 700201216 N/A 11/01/2018 N 3,~~839~~825,~~742~~576.3704 3,~~825~~812,~~576~~012.0437 1201/01/~~2004~~2005 310901325 N/A 11/01/2013 N 3,~~694~~667,~~014~~469.6214 3,~~667~~641,~~469~~357.1452 1201/01/~~2004~~2005 600872936 N/A 10/01/2013 N 3,~~746~~742,~~901~~386.4163 3,~~742~~738,~~386~~407.6388 1201/01/~~2004~~2005 850201315 N/A 12/01/2018 N 3,~~656~~642,~~124~~313.6887 3,~~642~~629,~~313~~038.8782 1201/01/~~2004~~2005 600872937 N/A 12/01/2013 N 3,~~704~~700,~~681~~158.0843 3,~~700~~696,~~158~~152.4363 1201/01/~~2004~~2005 600872909 N/A 11/01/2013 N 3,~~501~~496,~~841~~531.4702 3,~~496~~491,~~531~~791.0260 12/01/2004 600872938 N/A 12/01/2013 N 3,~~507~~503,~~814~~593.2477 3,~~503~~499,~~593~~870.7746 1201/01/~~2004~~2005 850201215 N/A 09/01/2010 N 3,500,000.00 3,500,000.00 1201/01/~~2004~~2005 700201197 N/A 10/01/2013 N 3,~~457~~453,~~025~~295.8101 3,~~453~~450,~~295~~116.0146 1201/01/~~2004~~2005 410901296 N/A 10/01/2013 N 3,~~454~~451,~~907~~023.4198 3,~~451~~447,~~023~~671.9830 1201/01/~~2004~~2005 600872939 N/A 10/01/2023 N 3,~~403~~395,~~515~~514.2977 3,~~395~~388,~~514~~046.7731 1201/01/~~2004~~2005 410901241 N/A 09/01/2013 N 3,~~328~~325,~~531~~158.6154 3,~~325~~322,~~158~~351.5445 1201/01/~~2004~~2005 700201215 N/A 11/01/2018 N 3,~~186~~175,~~986~~228.1509 3,~~175~~163,~~228~~970.0924 1201/01/~~2004~~2005 850201217 N/A 09/01/2018 N 3,~~252~~249,~~806~~060.22 3,~~249~~245,~~060~~804.2276 1201/01/~~2004~~2005 410901272 N/A 10/01/2023 N 3,~~211~~204,~~978~~646.5397 3,~~204~~197,~~646~~840.9722 1201/01/~~2004~~2005 410901355 N/A 10/01/2013 N 1,~~914~~910,~~018~~983.2286 1,~~910~~908,~~983~~247.8677 1201/01/~~2004~~2005 410901235 N/A 10/01/2013 N 1,~~276~~273,~~012~~989.1929 1,~~273~~272,~~989~~165.2923 1101/01/~~2004~~2005 600872940 N/A 10/01/2013 N 3,~~142~~136,~~078~~457.9069 3,~~136~~131,~~457~~254.6945 1201/01/~~2004~~2005 600872941 N/A 10/01/2023 N 3,~~112~~105,~~450~~183.9394 3,~~105~~098,~~183~~408.9457 1201/01/~~2004~~2005 700201213 N/A 11/01/2018 N 2,~~975~~964,~~800~~821.2736 2,~~964~~954,~~821~~309.3651 1201/01/~~2004~~2005 600872910 N/A 12/01/2013 N 3,000,000.00 3,000,000.00 12/01/2004 850201243 N/A 10/01/2013 N 3,000,000.00 3,000,000.00 1201/01/~~2004~~2005 410901291 N/A 11/01/2013 N 2,~~947~~943,~~838~~115.0156 2,~~943~~938,~~115~~843.5667 1201/01/~~2004~~2005 620901266 N/A 09/01/2018 N 2,~~943~~938,~~200~~727.0515 2,~~938~~934,~~727~~739.1559 1201/01/~~2004~~2005 410901249 N/A 08/01/2013 N 2,~~932~~929,~~986~~182.2894 2,~~929~~925,~~182~~770.9458 1201/01/~~2004~~2005 410901318 N/A 10/01/2013 N 2,~~866~~863,~~170~~207.8969 2,~~863~~860,~~207~~720.6975 1201/01/~~2004~~2005 850201259 N/A 10/01/2018 N 2,~~770~~759,~~095~~492.0319 2,~~759~~749,~~492~~297.1994 1201/01/~~2004~~2005 850201255 N/A 10/01/2013 N 2,~~815~~812,~~429~~422.7932 2,~~812~~809,~~422~~868.3293 1201/01/~~2004~~2005 410901256 N/A 10/01/2013 N 2,~~796~~791,~~157~~632.8262 2,~~791~~787,~~632~~532.6236 1201/01/~~2004~~2005 410901258 N/A 11/01/2013 N 2,~~771~~768,~~410~~696.9563 2,~~768~~766,~~696~~463.6303 1201/01/~~2004~~2005 700201344 N/A 01/01/2014 N 2,~~723~~720,~~000~~010.5442 2,~~720~~717,~~010~~441.4288 1201/01/~~2004~~2005 700201368 N/A 10/09/2013 N 2,~~674~~670,~~717~~477.7745 2,~~670~~666,~~477~~653.4594 1201/09/~~2004~~2005 410901263 N/A 09/01/2008 N 2,~~674~~669,~~018~~996.6291 2,~~669~~666,~~996~~421.9133 1201/01/~~2004~~2005 890901333 N/A 11/01/2018 N 2,~~675~~673,~~917~~572.4970 2,~~673~~671,~~572~~735.7063 1201/01/~~2004~~2005 410901305 N/A 11/01/2013 N 2,~~654~~650,~~218~~059.3650 2,~~650~~646,~~059~~317.5031 1201/01/~~2004~~2005 850201250 N/A 10/01/2013 N 2,~~510~~501,~~956~~254.8719 2,~~501~~491,~~254~~914.1904 1201/01/~~2004~~2005 850201249 N/A 10/01/2013 N 2,~~463~~453,~~220~~701.1190 2,~~453~~444,~~701~~539.9032 1201/01/~~2004~~2005 850201248 N/A 10/01/2013 N 2,~~415~~406,~~483~~149.3358 2,~~406~~397,~~149~~164.58 1201/01/~~2004~~2005 410901269 N/A 09/01/2013 N 2,~~467~~465,~~769~~168.4650 2,~~465~~462,~~168~~972.5069 1201/01/~~2004~~2005 620901264 N/A 10/01/2013 N 2,~~449~~445,~~452~~243.4992 2,~~445~~441,~~243~~379.9297 1201/01/~~2004~~2005 410901224 N/A 08/01/2013 N 2,~~459~~456,~~223~~212.7967 2,~~456~~453,~~212~~551.6717 1201/01/~~2004~~2005 850201236 N/A 09/01/2013 N 2,~~372~~370,~~723~~473.8934 2,~~370~~368,~~473~~649.3448 1201/01/~~2004~~2005 410901328 N/A 12/01/2013 N 2,~~327~~324,~~165~~804.2317 2,~~324~~322,~~804~~832.1755 1201/01/~~2004~~2005 600872942 N/A 10/05/2013 N 2,~~210~~207,~~688~~346.1805 2,~~207~~204,~~346~~367.0598 1201/05/~~2004~~2005 410901247 N/A 09/01/2013 N 2,~~199~~195,~~499~~613.1048 2,~~195~~192,~~613~~028.4817 1201/01/~~2004~~2005 410901309 N/A 10/01/2013 N 2,~~159~~156,~~951~~567.4243 2,~~156~~153,~~567~~524.4380 1201/01/~~2004~~2005 410901251 N/A 09/01/2013 N 2,~~156~~153,~~841~~459.2788 2,~~153~~150,~~459~~421.8864 1201/01/~~2004~~2005 410901278 N/A 10/01/2013 N 2,~~132~~127,~~626~~115.6787 2,~~127~~121,~~115~~889.8753 1201/01/~~2004~~2005 700201214 N/A 11/01/2018 N 2,~~092~~084,~~659~~938.6499 2,~~084~~077,~~938~~546.9979 1201/01/~~2004~~2005 600872911 N/A 12/01/2013 N 2,100,000.00 2,~~100~~098,~~000~~112.0031 12/01/2004 410901310 N/A 11/01/2013 N 2,~~065~~062,~~517~~371.4409 2,~~062~~059,~~371~~559.0984 1201/01/~~2004~~2005 700200941 N/A 11/01/2012 N 2,~~049~~047,~~678~~297.9907 2,~~047~~045,~~297~~238.0742 1201/01/~~2004~~2005 410901350 N/A 11/01/2008 N 1,~~989~~985,~~081~~838.7042 1,~~985~~982,~~838~~892.4259 1201/01/~~2004~~2005 410901354 N/A 12/01/2013 N 1,~~978~~976,~~657~~485.1863 1,~~976~~974,~~485~~622.6302 1201/01/~~2004~~2005 410901274 N/A 10/01/2013 N 1,~~971~~969,~~994~~614.5309 1,~~969~~967,~~614~~515.0921 1201/01/~~2004~~2005 410901379 N/A 01/01/2014 N 1,~~895~~892,~~245~~054.4951 1,~~892~~889,~~054~~131.5149 1201/01/~~2004~~2005 410901242 N/A 10/01/2013 N 1,~~891~~889,~~950~~943.9104 1,~~889~~888,~~943~~242.0415 1201/01/~~2004~~2005 850201247 N/A 10/01/2013 N 1,~~853~~851,~~494~~605.5004 1,~~851~~850,~~605~~027.0445 1201/01/~~2004~~2005 700201301 N/A 12/01/2013 N 1,800,000.00 1,800,000.00 1201/01/~~2004~~2005 600872943 N/A 12/01/2013 N 1,~~674~~672,~~718~~192.6000 1,~~672~~669,~~192~~938.00 12 01/01/~~2004~~2005 600872944 N/A 12/01/2018 N 1,~~586~~580,~~950~~905.7556 1,~~580~~575,~~905~~088.5658 1201/01/~~2004~~2005 410901340 N/A 01/01/2014 N 1,~~577~~574,~~046~~561.2947 1,~~574~~572,~~561~~319.4716 1201/01/~~2004~~2005 410901292 N/A 10/01/2013 N 1,~~572~~570,~~523~~181.7061 1,~~570~~568,~~181~~102.6184 1201/01/~~2004~~2005 410901244 N/A 08/01/2013 N 1,~~578~~577,~~857~~240.5627 1,~~577~~575,~~240~~890.2708 1201/01/~~2004~~2005 410901257 N/A 10/01/2013 N 1,~~570~~568,~~526~~040.3218 1,~~568~~565,~~040~~799.1822 1201/01/~~2004~~2005 410901165 N/A 05/01/2013 N 1,~~524~~522,~~094~~440.4088 1,~~522~~521,~~440~~035.8869 1201/01/~~2004~~2005 410901255 N/A 09/01/2013 N 1,~~510~~508,~~144~~543.2972 1,~~508~~507,~~543~~189.7281 1201/01/~~2004~~2005 600872945 N/A 12/01/2013 N 1,~~484~~482,~~167~~554.8506 1,~~482~~481,~~554~~173.0632 1201/01/~~2004~~2005 600872912 N/A 10/01/2013 N 1,~~479~~477,~~478~~727.4591 1,~~477~~476,~~727~~193.9113 12/01/2004 600872913 N/A 10/01/2013 N 1,~~479~~477,~~478~~727.4591 1,~~477~~476,~~727~~193.9113 12/01/2004 410901329 N/A 11/01/2018 N 1,~~436~~430,~~272~~788.3310 1,~~430~~425,~~788~~276.1054 1201/01/~~2004~~2005 410901282 N/A 10/01/2013 N 1,~~405~~403,~~528~~441.1403 1,~~403~~401,~~441~~590.0306 1201/01/~~2004~~2005 410901327 N/A 12/01/2013 N 1,~~342~~340,~~277~~953.0226 1,~~340~~339,~~953~~859.2675 1201/01/~~2004~~2005 600872914 N/A 11/01/2013 N 1,~~333~~332,~~600~~086.6298 1,~~332~~330,~~086~~775.9827 12/01/2004 410901298 N/A 10/01/2013 N 1,~~283~~282,~~861~~463.5106 1,~~282~~281,~~463~~267.0691 1201/01/~~2004~~2005 410901303 N/A 11/01/2013 N 1,~~279~~278,~~863~~011.9622 1,~~278~~276,~~011~~378.2218 1201/01/~~2004~~2005 410901286 N/A 11/01/2013 N 1,~~278~~276,~~104~~114.8908 1,~~276~~274,~~114~~325.0833 1201/01/~~2004~~2005 600872946 N/A 10/01/2018 N 1,~~172~~167,~~082~~742.8129 1,~~167~~163,~~742~~587.2937 1201/01/~~2004~~2005 410901273 N/A 10/01/2013 N 1,~~180~~178,~~029~~318.1548 1,~~178~~176,~~318~~811.4830 1201/01/~~2004~~2005 410901252 N/A 09/01/2013 N 1,~~178~~176,~~606~~906.5364 1,~~176~~175,~~906~~412.6454 1201/01/~~2004~~2005 410901271 N/A 09/01/2013 N 1,~~139~~136,~~120~~704.8861 1,~~136~~134,~~704~~496.6146 1201/01/~~2004~~2005 410901243 N/A 10/01/2013 N 1,~~131~~130,~~673~~505.3657 1,~~130~~129,~~505~~526.5714 1201/01/~~2004~~2005 410901276 N/A 11/01/2010 N 1,~~123~~122,~~826~~759.9724 1,~~122~~121,~~759~~891.2448 1201/01/~~2004~~2005 410901290 N/A 10/01/2013 N ~~983,560.99~~ 982,150.11 12980,910.74 01/01/~~2004~~2005 410901227 N/A 10/01/2013 N ~~982,011.62~~ 980,488.99 12979,123.46 01/01/~~2004~~2005 410901322 N/A 11/01/2013 N ~~975,389.57~~ 973,181.05 12971,132.25 01/01/~~2004~~2005 410901331 N/A 10/01/2023 N ~~974,001.54~~ 971,828.33 12969,819.57 01/01/~~2004~~2005 410901330 N/A 11/01/2018 N ~~957,514.85~~ 953,858.70 12950,184.33 01/01/~~2004~~2005 410901238 N/A 09/01/2013 N ~~966,983.26~~ 964,475.37 12962,097.16 01/01/~~2004~~2005 600872947 N/A 12/01/2013 N ~~930,744.67~~ 924,188.69 12917,746.08 01/01/~~2004~~2005 600872948 N/A 11/01/2018 N ~~865~~862,~~100~~002.58 ~~862~~859,~~002~~048.5878 1201/01/~~2004~~2005 310900241 N/A 12/01/2010 N ~~856,119.52~~ 854,929.12 12853,930.55 01/01/~~2004~~2005 410901185 N/A 10/01/2013 N ~~691,214.15~~ 690,454.23 12689,802.80 01/01/~~2004~~2005 Totals 1,~~199~~198,~~792~~462,~~231~~587.1158 1,~~198~~197,~~462~~238,~~587~~874.5864

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 01/13/2005 0 $0.00 0 $0.00 0 $0.00 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 01/13/2005 0 $0.00 0 $0.00 0 $0.00 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 01/13/2005 0 $0.00 0 $0.00 5.546180% 5.499471% 104 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 ~~600872928~~700201376 481 0 1112/08/2004 404,376.23 404,376.23 A 600872901 8 0 12/01/2004 126,054.51 126,054.51 A 600872902 14 0 12/01/2004 99,736.27 99,736.27 A 600872903 42 0 12/01/2004 36,~~387~~470.7121 36,~~387~~470.21 B 600872904 53 0 12/01/2004 35,883.05 35,883.05 B 600872905 71 0 12/01/2004 26,032.88 26,032.88 B ~~410901235~~600872906 9972 0 1112/01/2004 22,738.50 22,738.50 B 600872907 79 0 12/01/2004 24,491.15 24,491.15 B 600872908 80 0 12/01/2004 19,857.22 19,857.22 B 600872909 88 0 12/01/2004 22,931.28 22,931.28 A 600872910 103 0 12/01/2004 14,880.00 14,880.00 B 600872911 132 0 12/01/2004 12,556.86 12,556.86 B 600872912 151 0 12/01/2004 8,~~243~~317.4714 8,~~243~~317.4714 B 600872913 152 0 12/01/2004 8,317.14 8,317.14 B 600872914 156 0 12/01/2004 7,655.03 7,655.03 B Totals 215 44870,~~631~~297.1847 44870,~~631~~297.1847

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~600872928~~700201376 690,~~820~~000,~~970~~000.9000 0.00 ~~410901235~~600872901 28,600,000.00 0.00 600872902 15,456,536.01 0.00 600872903 7,500,000.00 0.00 600872904 5,976,140.27 0.00 600872905 4,644,931.34 0.00 600872906 4,500,000.00 0.00 600872907 3,959,007.51 0.00 600872908 4,000,000.00 0.00 600872909 3,496,531.02 0.00 600872910 3,000,000.00 0.00 600872911 2,100,000.00 0.00 600872912 1,~~276~~477,~~012~~727.1991 0.00 600872913 1,477,727.91 0.00 600872914 1,332,086.98 0.00 Totals 8177,~~096~~520,~~983~~688.0995 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 (4 loans) 653,098.29 653,098.29 137,553,067.03 0.00 Total for Status Code = B (211 loans) 44217,~~631~~199.18 44217,~~631~~199.18 839,~~096~~967,~~983~~621.0992 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 this Period

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