8-K 1 lbb04c04_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 18, 2005 (Date of earliest event reported) Commission File No.: 333-111598-03 LB - UBS Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2004-C4 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2155100 54-2155101 54-2155102 54-2155103 54-6621647 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On January 18, 2005, a distribution was made to holders of LB - UBS Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2004-C4. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2004-C4, relating to the January 18, 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. LB - UBS Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2004-C4 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: January 18, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2004-C4, relating to the January 18, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 LB - UBS Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2004-C4 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: January 18, 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 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 Specially Serviced Loan Detail 18 - 19 Modified Loan Detail 20 Liquidated Loan Detail 21 Underwriter Lehman Brothers Inc. 3 World Financial Center New York, NY 10285 Contact: Tricia Hall Phone Number: (212) 526-5850 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Lennar Partners, Inc. 760 N.W. 107th Avenue Miami, FL 33172 Contact: Steve Bruha Phone Number: (305) 229-6614 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2005, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 52108HD92 3.825000% 50,000,000.00 4645,~~276~~588,~~219~~426.5314 ~~687~~614,~~793~~471.3983 ~~147~~145,~~505~~313.4511 A-2 52108HE26 4.567000% 391,000,000.00 391,000,000.00 0.00 1,488,080.83 A-3 52108HE34 4.~~986872~~986781% 218,000,000.00 218,000,000.00 0.00 905,~~948~~931.4188 A-4 52108HE42 5.~~136872~~136781% 374,953,000.00 374,953,000.00 0.00 1,605,~~071~~042.3187 A-1b 52108HE25 5.~~023872~~023781% 199,546,000.00 198,~~642~~473,~~336~~515.0278 ~~168~~148,~~820~~168.2496 ~~831~~830,~~628~~906.0623 B 52108HE59 5.~~136872~~136781% 14,116,000.00 14,116,000.00 0.00 60,~~426~~425.7467 C 52108HE67 5.~~136872~~136781% 15,881,000.00 15,881,000.00 0.00 67,~~982~~981.2202 D 52108HE75 5.~~136872~~136781% 12,355,000.00 12,355,000.00 0.00 52,~~888~~887.3844 E 52108HE83 5.~~136872~~136781% 19,410,000.00 19,410,000.00 0.00 83,~~088~~087.9043 F 52108HE91 5.~~136872~~136781% 12,352,000.00 12,352,000.00 0.00 52,~~875~~874.5460 G 52108HF41 5.~~136872~~136781% 26,472,000.00 26,472,000.00 0.00 113,~~319~~317.4039 H 52108HF66 5.~~136872~~136781% 12,351,000.00 12,351,000.00 0.00 52,~~871~~870.2632 J 52108HF82 5.~~136872~~136781% 15,884,000.00 15,884,000.00 0.00 67,~~995~~993.0686 K 52108HG24 5.~~136872~~136781% 15,881,000.00 15,881,000.00 0.00 67,~~982~~981.2202 L 52108HG40 5.~~136872~~136781% 3,530,000.00 3,530,000.00 0.00 15,110.9770 M 52108HG65 5.~~136872~~136781% 3,529,000.00 3,529,000.00 0.00 15,106.6842 N 52108HG81 5.~~136872~~136781% 3,529,000.00 3,529,000.00 0.00 15,106.6842 P 52108HH23 5.~~136872~~136781% 3,530,000.00 3,530,000.00 0.00 15,110.9770 Q 52108HH49 5.~~136872~~136781% 3,529,000.00 3,529,000.00 0.00 15,106.6842 S 52108HH64 5.~~136872~~136781% 3,529,000.00 3,529,000.00 0.00 15,106.6842 T 52108HH80 5.~~136872~~136781% 12,353,586.00 12,353,586.00 0.00 52,~~875~~873.3852 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 R-LR N/A 0.000000% 0.00 0.00 0.00 0.00 V N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 1,411,730,586.00 1,~~407~~406,~~103~~246,~~141~~527.5592 ~~856~~762,~~613~~640.6379 5,~~741~~738,~~187~~214.8227

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 52108HD92 0.00 0.00 ~~835~~759,~~298~~784.8494 4544,~~588~~973,~~426~~954.1431 12.6768% A-2 52108HE26 0.00 0.00 1,488,080.83 391,000,000.00 12.6768% A-3 52108HE34 0.00 0.00 905,~~948~~931.4188 218,000,000.00 12.6768% A-4 52108HE42 0.00 0.00 1,605,~~071~~042.3187 374,953,000.00 12.6768% A-1b 52108HE25 0.00 0.00 1979,~~000,448~~075.3019 198,~~473~~325,~~515~~346.7882 12.6768% B 52108HE59 0.00 0.00 60,~~426~~425.7467 14,116,000.00 11.6768% C 52108HE67 0.00 0.00 67,~~982~~981.2202 15,881,000.00 10.5455% D 52108HE75 0.00 0.00 52,~~888~~887.3844 12,355,000.00 9.6667% E 52108HE83 0.00 0.00 83,~~088~~087.9043 19,410,000.00 8.2829% F 52108HE91 0.00 0.00 52,~~875~~874.5460 12,352,000.00 7.4041% G 52108HF41 0.00 0.00 113,~~319~~317.4039 26,472,000.00 5.52% H 52108HF66 0.00 0.00 52,~~871~~870.2632 12,351,000.00 4.6465% J 52108HF82 0.00 0.00 67,~~995~~993.0686 15,884,000.00 3.5152% K 52108HG24 0.00 0.00 67,~~982~~981.2202 15,881,000.00 2.3839% L 52108HG40 0.00 0.00 15,110.9770 3,530,000.00 2.13% M 52108HG65 0.00 0.00 15,106.6842 3,529,000.00 1.88% N 52108HG81 0.00 0.00 15,106.6842 3,529,000.00 1.63% P 52108HH23 0.00 0.00 15,110.9770 3,530,000.00 1.38% Q 52108HH49 0.00 0.00 15,106.6842 3,529,000.00 1.13% S 52108HH64 0.00 0.00 15,106.6842 3,529,000.00 0.88% T 52108HH80 0.00 0.00 52,~~875~~873.3852 12,353,586.00 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% R-LR N/A 0.00 0.00 0.00 0.00 0.00% V N/A 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 6,~~597~~500,~~801~~855.4506 1,~~406~~405,~~246~~483,~~527~~887.9213

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X 52108HJ21 0.~~240690~~240153% 1,411,730,586.00 1,~~407~~406,~~103~~246,~~141~~527.5592 ~~282~~281,~~229~~428.1826

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X 52108HJ21 0.00 ~~282~~281,~~229~~428.1826 1,~~406~~405,~~246~~483,~~527~~887.9213 (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 52108HD92 ~~925~~911.~~52439060~~76852280 1312.~~75586780~~28943660 2.~~95010900~~90626220 0.00000000 0.00000000 ~~911~~899.~~76852280~~47908620 A-2 52108HE26 1,000.00000000 0.00000000 3.80583332 0.00000000 0.00000000 1,000.00000000 A-3 52108HE34 1,000.00000000 0.00000000 4.~~15572665~~15565083 0.00000000 0.00000000 1,000.00000000 A-4 52108HE42 1,000.00000000 0.00000000 4.~~28072668~~28065083 0.00000000 0.00000000 1,000.00000000 A-1b 52108HE25 ~~995~~994.~~47140018~~62537851 0.~~84602167~~74253034 4.~~16760075~~16398339 0.00000000 0.00000000 ~~994~~993.~~62537851~~88284817 B 52108HE59 1,000.00000000 0.00000000 4.~~28072683~~28065103 0.00000000 0.00000000 1,000.00000000 C 52108HE67 1,000.00000000 0.00000000 4.~~28072665~~28065109 0.00000000 0.00000000 1,000.00000000 D 52108HE75 1,000.00000000 0.00000000 4.~~28072683~~28065075 0.00000000 0.00000000 1,000.00000000 E 52108HE83 1,000.00000000 0.00000000 4.~~28072643~~28065070 0.00000000 0.00000000 1,000.00000000 F 52108HE91 1,000.00000000 0.00000000 4.~~28072701~~28065091 0.00000000 0.00000000 1,000.00000000 G 52108HF41 1,000.00000000 0.00000000 4.~~28072681~~28065088 0.00000000 0.00000000 1,000.00000000 H 52108HF66 1,000.00000000 0.00000000 4.~~28072707~~28065096 0.00000000 0.00000000 1,000.00000000 J 52108HF82 1,000.00000000 0.00000000 4.~~28072652~~28065097 0.00000000 0.00000000 1,000.00000000 K 52108HG24 1,000.00000000 0.00000000 4.~~28072665~~28065109 0.00000000 0.00000000 1,000.00000000 L 52108HG40 1,000.00000000 0.00000000 4.~~28072805~~28065156 0.00000000 0.00000000 1,000.00000000 M 52108HG65 1,000.00000000 0.00000000 4.~~28072542~~28065174 0.00000000 0.00000000 1,000.00000000 N 52108HG81 1,000.00000000 0.00000000 4.~~28072542~~28065174 0.00000000 0.00000000 1,000.00000000 P 52108HH23 1,000.00000000 0.00000000 4.~~28072805~~28065156 0.00000000 0.00000000 1,000.00000000 Q 52108HH49 1,000.00000000 0.00000000 4.~~28072542~~28065174 0.00000000 0.00000000 1,000.00000000 S 52108HH64 1,000.00000000 0.00000000 4.~~28072542~~28065174 0.00000000 0.00000000 1,000.00000000 T 52108HH80 1,000.00000000 0.00000000 4.~~28016448~~28001392 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 R-LR N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 V 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 52108HJ21 996.~~72214763~~11536498 0.~~19991717~~19934984 0.00000000 ~~996~~995.~~11536498~~57514803

Reconciliation Detail Advance Summary P & I Advances Outstanding 3552,~~248~~046.9980 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 7.50 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections

Servicing Fee Summary Current Period Accrued Master Servicing Fees 44,~~154~~124.3385 Less Master Servicing Fees on Delinquent Payments ~~144~~174.0739 Less Reductions to Master Servicing Fees 0.00 Plus Master Servicing Fees for Delinquent Payments Received ~~433~~144.4607 Plus Adjustments for Prior Master Servicing Calculation 0.00 Total Master Servicing Fees Collected 44,~~443~~094.7253

Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Certificate Prepayment Certificate Certificate Interest Interest Interest Shortfall Interest Adjustment A-1 ~~147~~145,~~505~~313.4511 0.00 ~~147~~145,~~505~~313.4511 0.00 A-2 1,488,080.83 0.00 1,488,080.83 0.00 A-3 905,~~948~~931.4188 0.00 905,~~948~~931.4188 0.00 A-4 1,605,~~071~~042.3187 0.00 1,605,~~071~~042.3187 0.00 A-1b ~~831~~830,~~628~~906.0623 0.00 ~~831~~830,~~628~~906.0623 0.00 X ~~282~~281,~~229~~428.1826 0.00 ~~282~~281,~~229~~428.1826 0.00 B 60,~~426~~425.7467 0.00 60,~~426~~425.7467 0.00 C 67,~~982~~981.2202 0.00 67,~~982~~981.2202 0.00 D 52,~~888~~887.3844 0.00 52,~~888~~887.3844 0.00 E 83,~~088~~087.9043 0.00 83,~~088~~087.9043 0.00 F 52,~~875~~874.5460 0.00 52,~~875~~874.5460 0.00 G 113,~~319~~317.4039 0.00 113,~~319~~317.4039 0.00 H 52,~~871~~870.2632 0.00 52,~~871~~870.2632 0.00 J 67,~~995~~993.0686 0.00 67,~~995~~993.0686 0.00 K 67,~~982~~981.2202 0.00 67,~~982~~981.2202 0.00 L 15,110.9770 0.00 15,110.9770 0.00 M 15,106.6842 0.00 15,106.6842 0.00 N 15,106.6842 0.00 15,106.6842 0.00 P 15,110.9770 0.00 15,110.9770 0.00 Q 15,106.6842 0.00 15,106.6842 0.00 S 15,106.6842 0.00 15,106.6842 0.00 T 52,~~882~~881.3339 0.00 52,~~882~~881.3339 0.00 Total 6,~~023~~019,~~423~~650.9540 0.00 6,~~023~~019,~~423~~650.9540 0.00

Certificate Interest Reconciliation Class Additional Interest ARD Additional Total Unpaid Trust Fund Distribution Interest Interest Distributable Expenses Distribution Certificate Int. A-1 0.00 ~~147~~145,~~505~~313.4511 0.00 ~~147~~145,~~505~~313.4511 0.00 A-2 0.00 1,488,080.83 0.00 1,488,080.83 0.00 A-3 0.00 905,~~948~~931.4188 0.00 905,~~948~~931.4188 0.00 A-4 0.00 1,605,~~071~~042.3187 0.00 1,605,~~071~~042.3187 0.00 A-1b 0.00 ~~831~~830,~~628~~906.0623 0.00 ~~831~~830,~~628~~906.0623 0.00 X 0.00 ~~282~~281,~~229~~428.1826 0.00 ~~282~~281,~~229~~428.1826 0.00 B 0.00 60,~~426~~425.7467 0.00 60,~~426~~425.7467 0.00 C 0.00 67,~~982~~981.2202 0.00 67,~~982~~981.2202 0.00 D 0.00 52,~~888~~887.3844 0.00 52,~~888~~887.3844 0.00 E 0.00 83,~~088~~087.9043 0.00 83,~~088~~087.9043 0.00 F 0.00 52,~~875~~874.5460 0.00 52,~~875~~874.5460 0.00 G 0.00 113,~~319~~317.4039 0.00 113,~~319~~317.4039 0.00 H 0.00 52,~~871~~870.2632 0.00 52,~~871~~870.2632 0.00 J 0.00 67,~~995~~993.0686 0.00 67,~~995~~993.0686 0.00 K 0.00 67,~~982~~981.2202 0.00 67,~~982~~981.2202 0.00 L 0.00 15,110.9770 0.00 15,110.9770 0.00 M 0.00 15,106.6842 0.00 15,106.6842 0.00 N 0.00 15,106.6842 0.00 15,106.6842 0.00 P 0.00 15,110.9770 0.00 15,110.9770 0.00 Q 0.00 15,106.6842 0.00 15,106.6842 0.00 S 0.00 15,106.6842 0.00 15,106.6842 0.00 T 67.9486 52,~~875~~873.3852 0.00 52,~~875~~873.3852 ~~110~~118.8672 Total 67.9486 6,~~023~~019,~~417~~642.0053 0.00 6,~~023~~019,~~417~~642.0053 ~~110~~118.8672

Other Required Information Available Distribution Amount (1) 6,~~880~~782,~~030~~283.6332 Aggregate Number of Outstanding Loans 98 Aggregate Unpaid Principal Balance of Loans 1,~~406~~405,~~253~~496,~~687~~333.3147 Aggregate Stated Principal Balance of Loans 1,~~406~~405,~~246~~483,~~527~~887.9213 Aggregate Amount of Servicing Fee 44,~~443~~094.7253 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,~~876~~875.1400 Aggregate Trust Fund Expenses 7.50 Deposit into the Interest Reserve Account 0199,871.0050 Withdrawal from the Interest Reserve Account 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.

Original Subordination Level Class A-1 12.63% Class H 4.63% Class A-2 12.63% Class J 3.50% Class A-3 12.63% Class K 2.38% Class A-4 12.63% Class L 2.13% Class A-1b 12.63% Class M 1.88% Class B 11.63% Class N 1.63% Class C 10.51% Class P 1.38% Class D 9.63% Class Q 1.13% Class E 8.25% Class S 0.88% Class F 7.38% Class T 0.00% Class G 5.50% Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 6,265,521.20 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 6,265,521.20 Principal: Scheduled Principal 762,640.81 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 762,640.81 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 7,028,162.01 Total Funds Distributed Fees: Master Servicing Fee 44,124.85 Trustee Fee 1,875.00 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 45,999.85 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 7.50 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 7.50 Interest Reserve Deposit 199,871.50 Payments to Certificateholders & Others: Interest Distribution 6,019,642.53 Principal Distribution 762,640.79 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 6,782,283.32 Total Funds Distributed 7,028,162.17

Current Mortgage Loan and Property Stratification Tables Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. Below 2,000,000 14 22,~~509~~488,~~950~~551.1146 1.60 ~~108~~107 5.7815 1.~~505454~~505492 2,000,001 to 4,000,000 29 81,~~577~~482,~~361~~590.0539 5.80 ~~120~~119 6.~~2056~~2052 1.~~354670~~354735 4,000,001 to 6,000,000 13 65,~~656~~576,~~456~~755.7183 4.67 ~~109~~108 5.~~7788~~7789 1.~~379003~~379025 6,000,001 to 8,000,000 10 70,~~860~~789,~~867~~692.7471 5.04 ~~100~~99 5.8534 1.~~321922~~321942 8,000,001 to 10,000,000 10 90,~~192~~139,~~132~~719.1430 6.41 8685 5.~~6858~~6857 1.~~384852~~384902 10,000,001 to 15,000,000 7 81,~~840~~770,~~464~~389.3896 5.82 ~~132~~131 6.~~2554~~2552 1.~~260789~~260804 15,000,001 to 20,000,000 4 66,~~743~~714,~~969~~895.2944 4.75 9695 5.8367 1.~~273643~~273653 20,000,001 to 25,000,000 3 71,~~613~~536,~~357~~796.5194 5.09 ~~105~~104 5.~~8226~~8225 1.~~412928~~412927 25,000,001 to 50,000,000 3 108,~~129~~039,~~045~~992.7920 7.69 8988 5.~~3223~~3218 1.~~924501~~924574 50,000,001 to 75,000,000 0 0.00 0.00 0 0.0000 0.000000 75,000,001 to 100,000,000 2 184,075,500.00 13.0910 6362 4.8715 1.941466 100,000,001 to 150,000,000 1 115,~~547~~369,~~423~~002.2090 8.2221 5251 3.4625 1.900000 150,000,001 and greater 2 447,500,000.00 31.8284 8786 4.7923 2.640726 Totals 98 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 2,~~061~~059,~~726~~792.5106 0.15 ~~111~~110 5.7400 1.410000 Arizona 2 15,~~475~~459,~~168~~721.1196 1.10 ~~112~~111 5.4745 1.465389 California 22 193,~~291~~139,~~050~~635.0813 13.7574 9392 5.~~8082~~8081 1.~~343187~~343196 Connecticut 1 7,~~671~~664,~~828~~537.3001 0.55 ~~110~~109 5.7200 1.430000 Florida 13 197,~~488~~406,~~558~~599.2559 14.0405 7675 5.~~5063~~5060 1.~~640060~~640124 Georgia 5 21,~~960~~922,~~283~~885.1071 1.56 ~~152~~151 6.~~5248~~5245 1.~~332809~~332914 Illinois 4 47,~~691~~640,~~155~~679.7694 3.39 ~~110~~109 5.3633 2.~~170089~~170099 Indiana 2 3,~~545~~541,~~163~~573.5644 0.25 ~~111~~110 6.~~1611~~1612 1.~~536665~~536696 Louisiana 2 4,~~204~~197,~~880~~414.6138 0.30 ~~169~~168 7.~~7229~~7221 1.~~166438~~166591 Maryland 3 23,~~643~~636,~~688~~001.9279 1.68 ~~112~~111 5.~~9456~~9457 1.~~283044~~282998 Massachusetts 2 9,~~328~~319,~~635~~408.3028 0.66 ~~113~~112 5.~~9867~~9868 1.~~320560~~320527 Michigan 1 3,~~173~~170,~~618~~494.8166 0.23 ~~112~~111 5.5200 1.530000 Minnesota 3 12,~~676~~664,~~436~~265.0134 0.90 ~~157~~156 6.~~0029~~0030 1.~~265491~~265499 Missouri 1 6,~~357~~351,~~175~~374.7007 0.45 ~~113~~112 5.8000 1.330000 Nebraska 1 2,~~334~~332,~~623~~546.6614 0.17 ~~113~~112 5.9000 1.320000 New Hampshire 1 4,~~467~~464,~~883~~157.7157 0.32 ~~112~~111 6.1800 1.280000 New Jersey 1 260,000,000.00 18.4950 ~~114~~113 4.9796 2.360000 New York 7 348,~~849~~815,~~503~~750.7228 24.8182 6564 4.~~7635~~7634 2.~~498631~~498748 North Carolina 2 3,~~582~~580,~~969~~019.6521 0.25 ~~113~~112 6.2000 1.850000 Ohio 1 3,~~451~~443,~~286~~482.0564 0.25 ~~200~~199 8.5950 1.000000 Oklahoma 3 3,~~432~~427,~~862~~138.86 0.24 5150 4.8600 1.460000 Oregon 1 3,~~167~~160,~~739~~577.9059 0.2322 ~~200~~199 8.5950 1.000000 Pennsylvania 2 16,~~534~~513,~~410~~539.79 1.1817 ~~113~~112 6.~~3443~~3448 1.~~299275~~299325 South Carolina 3 5,~~924~~916,~~086~~813.0996 0.42 ~~113~~112 5.9862 1.~~359529~~359523 Tennessee 2 11,~~668~~651,~~566~~248.1307 0.83 ~~112~~111 5.6942 1.~~365249~~365291 Texas 20 183,~~250~~004,~~550~~499.8557 13.0302 6968 4.~~2773~~2776 1.~~636049~~635964 Virginia 4 1110,~~012~~999,~~675~~730.5111 0.78 ~~111~~110 5.~~7767~~7768 1.~~529926~~529897 Totals 110 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. Less than 1.19 9 43,~~723~~664,~~111~~873.4951 3.11 ~~110~~109 6.~~0721~~0715 0.~~989487~~989472 1.20 to 1.29 23 182,~~459~~276,~~532~~845.4086 12.97 ~~120~~119 6.~~0487~~0488 1.237796 1.30 to 1.39 19 130,~~214~~116,~~427~~771.2617 9.26 ~~101~~100 5.7339 1.~~343668~~343667 1.40 to 1.49 20 125,~~719~~600,~~188~~420.1586 8.94 9089 5.~~9540~~9539 1.~~437366~~437369 1.50 to 1.59 9 45,~~407~~371,~~484~~929.2361 3.23 ~~107~~106 5.~~7539~~7538 1.~~557741~~557734 1.60 to 1.69 8 46,~~914~~870,~~377~~598.2638 3.3433 9291 6.~~3927~~3926 1.~~612660~~612663 1.70 to 1.79 1 9,150,000.00 0.65 7574 5.1500 1.720000 1.80 to 1.89 3 94,~~582~~580,~~969~~019.6521 6.73 5352 4.~~8290~~8289 1.~~811515~~811514 1.90 to 1.99 1 115,~~547~~369,~~423~~002.2090 8.2221 5251 3.4625 1.900000 2.00 and greater 5 612,~~528~~483,~~014~~425.2863 43.5658 8685 4.~~8149~~8148 2.~~500847~~500863 Totals 98 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 7 31,~~469~~440,~~047~~790.9800 2.24 ~~108~~107 6.~~1126~~1127 1.~~313050~~313029 Lodging 4 77,~~587~~504,~~050~~282.8522 5.5251 ~~104~~103 6.0895 1.~~946979~~946986 Mobile Home Park 1 2,~~376~~373,~~893~~693.2117 0.17 ~~113~~112 5.9700 1.250000 Multi-Family 29 ~~196~~195,~~097~~952,~~009~~040.5866 13.94 8887 5.5058 1.~~337003~~337047 Office 11 483,~~975~~905,~~806~~805.8394 34.4243 6463 4.~~9300~~9298 2.~~265004~~265135 Retail 49 604,~~822~~404,~~084~~230.3293 43.0100 ~~106~~105 5.0966 1.~~886152~~886378 Self Storage 9 9,~~918~~903,~~635~~044.1723 0.7170 8079 5.1884 1.~~522204~~522209 Totals 110 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 3.500% or Less 1 115,~~547~~369,~~423~~002.2090 8.2221 5251 3.4625 1.900000 3.501% to 4.750% 2 216,924,500.00 15.43 5251 4.4556 2.899782 4.751% to 5.000% 7 471,~~723~~698,~~976~~826.7202 33.5456 9089 4.9293 2.~~130801~~130853 5.001% to 5.250% 2 32,~~141~~117,~~955~~075.7815 2.29 ~~101~~100 5.1285 1.~~383797~~383901 5.251% to 5.500% 9 91,~~936~~842,~~166~~595.9186 6.5453 ~~109~~108 5.3269 1.~~831019~~831011 5.501% to 5.750% 28 159,~~724~~596,~~046~~988.2887 11.36 9594 5.6066 1.~~348037~~348061 5.751% to 6.000% 18 8483,~~039~~959,~~839~~947.9536 5.9897 ~~115~~114 5.8482 1.~~365737~~365734 6.001% to 6.250% 11 70,~~971~~920,~~696~~541.6994 5.05 ~~121~~120 6.1336 1.~~296890~~296878 6.251% to 6.500% 6 56,~~815~~754,~~138~~511.9154 4.04 8685 6.4226 1.~~371223~~371214 6.501% to 6.750% 5 31,~~104~~076,~~468~~029.2793 2.21 ~~125~~124 6.~~5918~~5917 1.~~302319~~302340 6.751% to 7.000% 3 30,~~892~~858,~~401~~309.1689 2.20 ~~135~~134 6.8903 1.~~251195~~251216 7.001% to 7.250% 3 35,~~059~~020,~~036~~856.5759 2.49 9695 7.0352 1.555142 7.251% and greater 3 9,~~365~~344,~~877~~701.4808 0.6766 ~~200~~199 8.5950 1.000000 Totals 98 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 9492 1,~~394~~373,~~078~~589,~~352~~846.8475 9997.1373 8886 5.~~1516~~1410 1.~~933854~~938971 13 to 24 months 13 222,~~802~~549,~~297~~339.6030 01.2060 ~~106~~121 5.~~8500~~8842 1.~~540000~~586422 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 to 60 months 0 0.00 0.00 0 0.0000 0.000000 60 and greater 3 9,~~365~~344,~~877~~701.4808 0.6766 ~~200~~199 8.5950 1.000000 Totals 98 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071

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 14 476,~~601~~391,~~838~~546.7502 33.8990 5150 4.~~4673~~4677 2.~~230801~~230996 61 to 72 months 0 0.00 0.00 0 0.0000 0.000000 73 to 84 months 4 167,~~826~~782,~~531~~066.5157 11.9394 7574 5.~~1183~~1179 1.~~906493~~906627 85 to 108 months 6 42,~~830~~783,~~087~~263.2702 3.0504 9392 6.4368 1.~~532999~~533003 109 to 120 months 65 ~~663~~662,~~004~~623,~~936~~160.9161 47.15 ~~113~~112 5.~~4865~~4863 1.~~793277~~793479 121 to 144 months 1 13,~~840~~827,~~327~~723.8029 0.98 ~~132~~131 5.9400 1.590000 145 to 180 months 4 29,~~795~~759,~~120~~346.1073 2.12 ~~172~~171 6.~~5348~~5347 1.~~238493~~238507 181 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 94 1,393,~~898~~167,~~842~~106.3424 99.12 8887 5.~~1498~~1497 1.~~934632~~934841

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 180 months or less 1 2,~~981~~972,~~808~~079.1081 0.21 ~~173~~172 6.6700 1.200000 181 to 216 months 3 9,~~365~~344,~~877~~701.4808 0.6766 ~~200~~199 8.5950 1.000000 217 to 240 months 0 0.00 0.00 0 0.0000 0.000000 241 to 300 months 0 0.00 0.00 0 0.0000 0.000000 Greater than 301 months 0 0.00 0.00 0 0.0000 0.000000 Totals 4 12,~~347~~316,~~685~~780.5889 0.88 ~~193~~192 8.~~1301~~1305 1.~~048297~~048261

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Interest Only 9 584,800,000.00 41.5961 7978 4.8479 2.415364 180 months or less 0 0.00 0.00 0 0.0000 0.000000 181 to 216 months 0 0.00 0.00 0 0.0000 0.000000 217 to 240 months 2 17,~~265~~231,~~843~~683.1991 1.23 ~~152~~151 6.~~4481~~4482 1.~~203470~~203469 241 to 300 months 20 124,~~575~~411,~~327~~414.5112 8.8685 9493 6.~~2624~~2626 1.~~423828~~423842 Greater than 301 months 63 ~~667~~666,~~257~~724,~~671~~008.6421 47.4544 9392 5.~~1731~~1733 1.~~627593~~627618 Totals 94 1,393,~~898~~167,~~842~~106.3424 99.12 8887 5.~~1498~~1497 1.~~934632~~934841

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 85 1,136,~~759~~232,~~723~~907.3501 80.84 9594 5.~~3658~~3655 1.~~980644~~980901 1 year or less 13 269,~~486~~250,~~804~~980.5712 19.16 6160 4.~~3753~~3757 1.~~699931~~699913 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 98 1,~~406~~405,~~246~~483,~~527~~887.9213 100.00 8988 5.~~1760~~1758 1.~~926850~~927071 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the ~~maturity~~Maturity ~~date~~Date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 842000001 1 RT Paramus NJ 1,~~078~~114,~~913~~877.3311 0.00 4.980% 842000002 2 OF New York NY ~~708~~731,~~203~~809.1390 0.00 4.533% 343005089 3A OF New York NY ~~385~~398,~~161~~000.9366 0.00 4.966% 742000098 3B OF New York NY 97100,~~243~~484.0750 0.00 3.966% 130000963 4 RT Mesquite TX ~~333~~344,~~947~~515.7788 ~~188~~178,~~988~~420.4332 3.463% 343000944 5 OF Miami FL ~~362~~374,~~104~~174.1731 0.00 4.775% 343005084 6 LO Chicago IL ~~188~~194,~~410~~459.5335 5044,~~637~~588.4765 5.310% 130000989 7 OF Scotts Valley CA ~~194~~200,~~419~~618.2997 5044,~~664~~464.6294 6.440% 343000961 8 MF Northridge CA ~~107~~110,~~322~~769.2347 2825,~~575~~128.3006 5.290% 130000974 9 LO St. Pete Beach FL ~~142~~146,~~364~~921.3173 3126,~~109~~551.3088 7.020% 343000951 10 MF Sacramento CA 98101,~~218~~368.6198 2824,~~031~~880.0063 5.120% 130000957 11 MF San Francisco CA 8689,~~843~~738.6341 0.00 5.550% 130000971 12 RT Beverly Hills CA 7779,~~387~~878.9845 1815,~~483~~992.2174 5.600% 130000888 13 MF New York NY 8284,~~296~~955.3446 1513,~~740~~081.2311 6.204% 130000984 14 OF Gaithersburg MD 7880,~~275~~884.0017 0.00 6.060% 343000905 15 RT Miami FL 6870,~~582~~793.9628 1412,~~814~~604.8351 5.940% 130000945 16 RT Clearwater FL 7577,~~513~~958.5547 1210,~~801~~356.4755 6.550% 130000979 17 RT Augusta GA 6567,~~150~~187.7208 2220,~~709~~673.8751 6.920% 842000018 18 RT Arlington TX 5354,~~051~~761.0210 119,~~631~~921.9890 5.820% 842000019 19 RT Simi Valley CA 5152,~~030~~731.00 0.00 5.670% 343000940 20 RT Eden Prairie MN 5455,~~017~~760.1669 109,~~876~~132.2572 6.090% 130000936 21 OF Hatboro PA 5961,~~712~~648.3425 97,~~321~~385.1423 6.790% 130000983 22 RT New York NY 4749,~~476~~006.8333 109,~~753~~223.4797 5.730% 130000981 23 MF Amherst NY 4849,~~144~~696.7153 109,~~594~~042.2947 5.810% 130000953 24 MF San Francisco CA 4547,~~963~~495.2536 0.00 5.550% 842000025 25 MF Tallahasse FL 3940,~~268~~577.7571 0.00 5.150% 130000976 26 IN Pico Rivera CA 5254,~~747~~459.6542 76,~~744~~032.3053 6.970% 130000968 27 MF Long Beach CA 3941,~~985~~251.5749 1412,~~106~~840.7078 5.510% 130000988 28 MF Plantation FL 4547,~~762~~243.6202 86,~~202~~721.1373 6.375% 842000029 29 RT Gilbert AZ 3738,~~226~~422.4340 98,~~747~~551.3336 5.350% 130000959 30 MF San Francisco CA 3839,~~271~~547.8860 0.00 5.550% 343005099 31 MF Ocala FL 3233,~~793~~886.7588 0.00 4.770% 130000899 32 RT Miami Beach FL 4243,~~536~~913.0459 75,~~124~~747.8934 6.570% 842000033 33 RT Milford CT 3637,~~609~~788.4202 87,~~469~~291.8929 5.720% 130000940 34 MF Houston TX 3739,~~902~~107.5006 1110,~~296~~092.9640 6.050% 842000035 35 MF Dallas TX 2930,~~490~~434.8382 98,~~252~~308.2223 4.900% 130000975 36 OF Peabody MA 3638,~~889~~080.0077 75,~~115~~923.3760 6.180% 842000037 37 RT Tempe AZ 3334,~~453~~529.2174 76,~~971~~894.3279 5.620% 842000038 38 MF Dallas TX 2728,~~987~~882.2981 8,~~951~~055.1462 4.850% 130000977 39 MF Memphis TN 3233,~~511~~558.3296 76,~~258~~210.0743 5.770% 130000985 40 LO San Diego CA 3739,~~905~~119.6378 86,~~063~~849.8570 7.110% 343000956 41 IN Bridgeton MO 3031,~~759~~750.1856 65,~~793~~801.0163 5.800% 343000949 42 RT Cranberry Township PA 2728,~~823~~682.5634 1413,~~344~~485.5577 5.560% 343000906 43 RT Davie FL 2829,~~540~~458.1089 65,~~550~~631.5475 5.770% 842000044 44 OF Beverly Hills CA 2526,~~882~~716.6925 5,~~969~~136.6610 5.680% 343005085 45 RT Macon GA 2627,~~306~~153.1385 54,~~767~~919.4674 5.870% 842000046 46 SS Various Various 2122,~~380~~053.7889 98,~~459~~786.9685 4.860% 343000943 47 OF Weston FL 2425,~~420~~206.0981 54,~~471~~685.8513 5.790% 343000934 48 RT Columbia MD 2324,~~994~~766.1463 54,~~573~~801.9748 5.690% 343000960 49 IN Houston TX 2223,~~820~~554.2939 54,~~600~~866.5444 5.510% 343000942 50 RT Franklin TN 2223,~~947~~655.8288 11,~~815~~107.6963 5.590% 130000932 51 IN Londonderry NH 23,~~032~~776.6259 43,~~470~~726.1114 6.180% 343000952 52 RT Cooper City FL 2021,~~477~~136.4804 54,~~073~~414.0347 5.500% 130000986 53 LO San Diego CA 2526,~~530~~347.7296 54,~~595~~778.6440 7.010% 343000953 54 RT McKinney TX 2324,~~449~~207.2596 43,~~119~~360.6998 6.465% 130000961 55 MF San Francisco CA 18,~~037~~638.5075 0.00 5.550% 130000966 56 RT Humble TX 1617,~~751~~310.6706 0.00 5.290% 343000926 57 RT Grapevine TX 1920,~~864~~507.2556 32,~~249~~606.4716 6.730% 742000058 58 RT Westlake OH 24,~~775~~719.3384 7,~~747~~803.9241 8.595% 842000059 59 MF Naples FL 1516,~~828~~337.0314 3,~~869~~359.0695 5.550% 343005100 60 RT Dale City VA 15,~~278~~770.5951 3,~~557~~065.3947 5.670% 742000061 61 RT Hermiston OR 22,~~739~~688.8794 7,~~111~~162.3831 8.595% 343005104 62 RT Detroit MI 1415,~~615~~085.1827 3,~~594~~124.2415 5.520% 842000063 63 RT Gaithersburg MD 1415,~~920~~401.6118 32,~~366~~885.2265 5.790% 130000942 64 OF Ithaca NY 16,~~452~~984.5679 2,~~938~~405.1289 6.400% 842000065 65 MF Dallas TX 14,~~260~~711.0699 4,~~853~~401.7178 5.600% 130000978 66 RT Douglasville GA 1617,~~630~~126.7135 109,~~223~~728.9329 6.670% 343000955 67 RT Austin TX 14,~~228~~679.3879 4,~~626~~175.6928 5.740% 130000965 68 RT Houston TX 1617,~~500~~050.00 0.00 6.600% 842000069 69 IN Virginia Beach VA 1314,~~683~~116.0557 4,~~482~~049.6210 5.850% 343000935 70 RT Various IL 13,~~156~~579.4886 32,~~110~~687.5113 5.660% 742000071 71 RT Monroe LA 19,~~718~~674.4932 6,~~166~~210.5168 8.595% 842000072 72 SS Richmond VA 1112,~~796~~169.3766 43,~~245~~871.1485 5.450% 343000969 73 MF Richmond VA 12,~~326~~724.4071 21,~~357~~958.2998 6.190% 130000973 74 MH Champaign IL 1112,~~842~~219.8421 3,~~576~~200.4104 5.970% 343000957 75 RT Greenville SC 12,~~403~~798.2726 3,~~428~~033.8081 6.250% 130000972 76 RT Saginaw TX 1112,~~923~~307.1989 2,~~466~~081.0232 6.000% 842000077 77 RT Lincoln NE 11,~~490~~861.6019 2,~~448~~077.1152 5.900% 343005088 78 RT Valparaiso IN 12,~~161~~554.5046 21,~~291~~898.5155 6.300% 842000079 79 RT Norwalk CA 12,~~216~~611.1236 21,~~170~~775.5228 6.400% 343005101 80 MF Brockton MA 910,~~703~~010.3314 3,~~610~~303.2342 5.350% 130000951 81 SS Charleston SC 910,~~780~~090.3040 32,~~242~~932.3424 5.700% 842000082 82 MF Dothan AL 910,~~872~~190.7066 21,~~252~~934.4145 5.740% 842000083 83 RT Hopkins MN 9,~~466~~766.7940 3,~~337~~037.5695 5.550% 842000084 84 IN Addison TX 9,~~051~~343.9503 21,~~245~~954.3325 5.510% 343000970 85 RT Delray Beach FL 8,~~521~~795.60 21,~~159~~885.35 5.410% 343000964 86 RT Rocky Mount NC 9,~~663~~975.5477 1,~~850~~538.8865 6.200% 842000087 87 IN Westminster CA 8,~~372~~641.2141 21,~~097~~827.0989 5.470% 343005092 88 RT Lakewood CA 89,~~827~~111.3671 1,~~992~~707.2590 5.770% 842000089 89 MF Tyler TX 8,~~469~~738.8622 2,~~870~~601.1478 5.650% 343000963 90 RT Smithfield NC 89,~~866~~153.8130 1,~~698~~411.2879 6.200% 130000955 91 MF San Francisco CA 7,~~446~~694.2546 0.00 5.550% 742000092 92 RT Goose Creek SC 7,~~409~~648.5864 1,~~545~~306.1408 5.960% 842000093 93 MF Dallas TX 67,~~939~~159.2012 2,~~361~~141.9199 5.600% 130000925 94 RT Lafayette LA 7,~~394~~633.9259 1,~~494~~255.2255 6.080% 842000095 95 RT Conyers GA 6,~~706~~923.7919 1,~~387~~170.1474 6.000% 130000944 96 RT Indianapolis IN 6,~~061~~254.5705 1,~~884~~691.0557 5.900% 343000947 97 MF Atlanta GA 4,~~838~~994.3730 ~~1,061~~905.0411 5.850% Totals 6,~~069~~265,~~454~~521.7820 ~~856~~762,~~613~~640.6681

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 842000001 N/A 06/06/2014 N 260,000,000.00 260,000,000.00 1201/11/~~2004~~2005 842000002 N/A 01/11/2009 N 187,500,000.00 187,500,000.00 1201/11/~~2004~~2005 343005089 02/11/2011 02/11/2034 N 93,075,500.00 93,075,500.00 1201/11/~~2004~~2005 742000098 02/11/2011 02/11/2034 N 29,424,500.00 29,424,500.00 1201/11/~~2004~~2005 130000963 N/A 04/11/2009 N 115,~~736~~547,~~411~~423.6020 115,~~547~~369,~~423~~002.2090 1201/11/~~2004~~2005 343000944 N/A 03/11/2009 N 91,000,000.00 91,000,000.00 1201/11/~~2004~~2005 343005084 N/A 02/11/2014 N 42,~~578~~528,~~651~~014.7528 42,~~528~~483,~~014~~425.2863 1201/11/~~2004~~2005 130000989 N/A 05/11/2011 N 36,~~227~~176,~~196~~531.1351 36,~~176~~132,~~531~~066.5157 1201/11/~~2004~~2005 343000961 N/A 05/11/2014 N 24,~~345~~316,~~306~~731.4919 24,~~316~~291,~~731~~603.1913 1201/11/~~2004~~2005 130000974 N/A 05/11/2012 N 24,~~335~~304,~~779~~670.8454 24,~~304~~278,~~670~~118.5466 1201/11/~~2004~~2005 343000951 N/A 04/11/2014 N 2322,~~019~~991,~~986~~955.78 22,~~991~~967,~~955~~075.7815 1201/11/~~2004~~2005 130000957 N/A 05/11/2009 N 18,777,000.00 18,777,000.00 1201/11/~~2004~~2005 130000971 N/A 04/11/2014 N 16,~~583~~564,~~139~~655.1291 16,~~564~~548,~~655~~663.9117 1201/11/~~2004~~2005 130000888 N/A 05/11/2014 N 15,~~918~~902,~~053~~313.6138 15,~~902~~889,~~313~~232.3827 1201/11/~~2004~~2005 130000984 N/A 05/11/2014 N 15,500,000.00 15,500,000.00 1201/11/~~2004~~2005 343000905 N/A 12/11/2015 N 13,~~855~~840,~~142~~327.6380 13,~~840~~827,~~327~~723.8029 1201/11/~~2004~~2005 130000945 N/A 05/11/2014 N 13,~~834~~821,~~543~~742.6114 13,~~821~~811,~~742~~385.1459 1201/11/~~2004~~2005 130000979 N/A 06/11/2019 N 11,~~297~~275,~~811~~102.9710 11,~~275~~254,~~102~~428.1059 1201/11/~~2004~~2005 842000018 N/A 05/11/2014 N 10,~~938~~926,~~355~~723.5456 10,~~926~~916,~~723~~801.5666 1201/11/~~2004~~2005 842000019 N/A 02/11/2014 N 10,800,000.00 10,800,000.00 1201/11/~~2004~~2005 343000940 N/A 03/11/2019 N 10,~~643~~632,~~775~~899.3308 10,~~632~~623,~~899~~766.0836 1201/11/~~2004~~2005 130000936 N/A 05/11/2014 N 10,~~552~~543,~~990~~669.8470 10,~~543~~536,~~669~~284.7047 1201/11/~~2004~~2005 130000983 N/A 05/11/2014 N 9,~~942~~932,~~790~~037.5912 9,~~932~~922,~~037~~813.1215 1201/11/~~2004~~2005 130000981 N/A 05/11/2014 N 9,~~943~~933,~~830~~236.4314 9,~~933~~924,~~236~~193.1467 1201/11/~~2004~~2005 130000953 N/A 05/11/2009 N 9,938,000.00 9,938,000.00 1201/11/~~2004~~2005 842000025 N/A 03/11/2011 N 9,150,000.00 9,150,000.00 1201/11/~~2004~~2005 130000976 N/A 05/11/2014 N 9,~~081~~073,~~373~~629.6636 9,~~073~~067,~~629~~596.3683 1201/11/~~2004~~2005 130000968 N/A 04/11/2014 N 8,~~708~~694,~~291~~185.8616 8,~~694~~681,~~185~~344.1638 1201/11/~~2004~~2005 130000988 N/A 06/11/2009 N 8,~~614~~605,~~140~~938.9683 8,~~605~~599,~~938~~217.8310 1201/11/~~2004~~2005 842000029 N/A 04/11/2014 N 8,~~349~~340,~~852~~105.8653 8,~~340~~331,~~105~~554.5317 1201/11/~~2004~~2005 130000959 N/A 05/11/2009 N 8,275,000.00 8,275,000.00 1201/11/~~2004~~2005 343005099 N/A 04/11/2009 N 8,250,000.00 8,250,000.00 1201/11/~~2004~~2005 130000899 N/A 06/11/2014 N 7,~~769~~762,~~138~~013.8697 7,~~762~~756,~~013~~266.9763 1201/11/~~2004~~2005 842000033 N/A 02/11/2014 N 7,~~680~~671,~~298~~828.1930 7,~~671~~664,~~828~~537.3001 1201/11/~~2004~~2005 130000940 N/A 03/11/2014 N 7,~~517~~506,~~850~~553.9195 7,~~506~~496,~~553~~461.9555 1201/11/~~2004~~2005 842000035 N/A 02/11/2009 N 7,~~222~~212,~~244~~992.9977 7,~~212~~204,~~992~~684.7754 1201/11/~~2004~~2005 130000975 N/A 05/11/2014 N 7,~~162~~155,~~912~~797.5316 7,~~155~~149,~~797~~873.1656 1201/11/~~2004~~2005 842000037 N/A 03/11/2014 N 7,~~143~~135,~~033~~062.9058 7,~~135~~128,~~062~~167.5879 1201/11/~~2004~~2005 842000038 N/A 02/11/2009 N 6,~~924~~915,~~689~~738.4834 6,~~915~~907,~~738~~682.3472 1201/11/~~2004~~2005 130000977 N/A 05/11/2014 N 6,~~761~~754,~~452~~194.1609 6,~~754~~747,~~194~~983.0966 1201/11/~~2004~~2005 130000985 N/A 05/11/2014 N 6,~~397~~389,~~574~~510.7388 6,~~389~~382,~~510~~661.8818 1201/11/~~2004~~2005 343000956 N/A 05/11/2014 N 6,~~363~~357,~~968~~175.7170 6,~~357~~351,~~175~~374.7007 1201/11/~~2004~~2005 343000949 N/A 04/11/2014 N 65,~~005~~990,~~085~~741.6409 5,~~990~~977,~~741~~255.0932 1201/11/~~2004~~2005 343000906 N/A 12/11/2013 N 5,~~935~~928,~~549~~999.8026 5,~~928~~923,~~999~~367.2651 1201/11/~~2004~~2005 842000044 N/A 05/11/2014 N 5,~~468~~462,~~174~~204.1347 5,~~462~~457,~~204~~068.4737 1201/11/~~2004~~2005 343005085 N/A 02/11/2014 N 5,~~377~~371,~~743~~976.7125 5,~~371~~367,~~976~~056.2551 1201/11/~~2004~~2005 842000046 N/A 03/11/2009 N 5,~~279~~269,~~205~~745.5761 5,~~269~~260,~~745~~958.6176 1201/11/~~2004~~2005 343000943 N/A 03/11/2014 N 5,~~061~~055,~~158~~686.7691 5,~~055~~051,~~686~~001.9178 1201/11/~~2004~~2005 343000934 N/A 03/11/2014 N 5,~~060~~054,~~274~~700.8386 5,~~054~~049,~~700~~899.8638 1201/11/~~2004~~2005 343000960 N/A 05/11/2012 N 4,~~969~~964,~~935~~334.2167 4,~~964~~959,~~334~~468.6723 1201/11/~~2004~~2005 343000942 N/A 03/11/2014 N 4,~~926~~914,~~187~~372.7304 4,~~914~~903,~~372~~264.0441 1201/11/~~2004~~2005 130000932 N/A 04/11/2014 N 4,~~472~~467,~~353~~883.8271 4,~~467~~464,~~883~~157.7157 1201/11/~~2004~~2005 343000952 N/A 04/11/2014 N 4,~~467~~462,~~814~~741.8683 4,~~462~~458,~~741~~327.8336 1201/11/~~2004~~2005 130000986 N/A 05/11/2014 N 4,~~370~~364,~~450~~855.7915 4,~~364~~360,~~855~~076.1575 1201/11/~~2004~~2005 343000953 N/A 04/11/2019 N 4,~~352~~348,~~334~~214.5586 4,~~348~~344,~~214~~853.8688 1201/11/~~2004~~2005 130000961 N/A 05/11/2009 N 3,900,000.00 3,900,000.00 1201/11/~~2004~~2005 130000966 N/A 04/11/2009 N 3,800,000.00 3,800,000.00 1201/11/~~2004~~2005 343000926 N/A 01/11/2019 N 3,~~542~~538,~~153~~904.5306 3,~~538~~536,~~904~~297.0690 1201/11/~~2004~~2005 742000058 N/A 08/10/2021 N 3,~~459~~451,~~033~~286.9705 3,~~451~~443,~~286~~482.0564 1201/11/~~2004~~2005 842000059 N/A 03/11/2014 N 3,~~422~~418,~~275~~406.8377 3,~~418~~415,~~406~~046.7782 1201/11/~~2004~~2005 343005100 N/A 04/11/2014 N 3,~~233~~230,~~563~~006.9960 3,~~230~~226,~~006~~941.6013 1201/11/~~2004~~2005 742000061 N/A 08/10/2021 N 3,~~174~~167,~~851~~739.2890 3,~~167~~160,~~739~~577.9059 1201/11/~~2004~~2005 343005104 N/A 04/11/2014 N 3,~~177~~173,~~213~~618.0581 3,~~173~~170,~~618~~494.8166 1201/11/~~2004~~2005 842000063 N/A 02/11/2014 N 3,~~092~~088,~~354~~988.2806 3,~~088~~086,~~988~~102.0641 1201/11/~~2004~~2005 130000942 N/A 05/11/2014 N 3,~~084~~081,~~855~~917.2008 3,~~081~~079,~~917~~511.0819 1201/11/~~2004~~2005 842000065 N/A 05/11/2014 N 3,~~055~~050,~~727~~874.8312 3,~~050~~046,~~874~~472.1234 1201/11/~~2004~~2005 130000978 N/A 05/11/2019 N 2,~~992~~981,~~032~~808.0310 2,~~981~~972,~~808~~079.1081 1201/11/~~2004~~2005 343000955 N/A 05/11/2014 N 2,~~974~~969,~~573~~947.8314 2,~~969~~965,~~947~~771.1486 1201/11/~~2004~~2005 130000965 N/A 05/11/2014 N 3,000,000.00 3,000,000.00 1201/11/~~2004~~2005 842000069 N/A 10/11/2013 N 2,~~806~~802,~~780~~297.2260 2,~~802~~798,~~297~~248.6050 1201/11/~~2004~~2005 343000935 N/A 04/11/2013 N 2,~~789~~786,~~358~~248.7827 2,~~786~~783,~~248~~561.2714 1201/11/~~2004~~2005 742000071 N/A 08/10/2021 N 2,~~753~~746,~~018~~851.0453 2,~~746~~740,~~851~~640.5385 12/11/2004 842000072 N/A 04/11/2014 N 2,~~597~~593,~~365~~120.5339 2,~~593~~589,~~120~~248.3954 1201/11/~~2004~~2005 343000969 N/A 06/01/2014 N 2,~~389~~387,~~608~~250.2192 2,~~387~~385,~~250~~291.9294 1201/11/~~2004~~2005 130000973 N/A 05/11/2014 N 2,~~380~~376,~~469~~893.6221 2,~~376~~373,~~893~~693.2117 1201/11/~~2004~~2005 343000957 N/A 05/11/2014 N 2,~~381~~377,~~428~~999.5676 2,~~377~~374,~~999~~965.7695 1201/11/~~2004~~2005 130000972 N/A 04/11/2014 N 2,~~384~~382,~~637~~171.6765 2,~~382~~380,~~171~~090.6533 1201/11/~~2004~~2005 842000077 N/A 05/11/2014 N 2,~~337~~334,~~071~~623.7766 2,~~334~~332,~~623~~546.6614 1201/11/~~2004~~2005 343005088 N/A 02/11/2014 N 2,~~316~~314,~~477~~185.0352 2,~~314~~312,~~185~~286.5297 1201/11/~~2004~~2005 842000079 N/A 06/11/2014 N 2,~~290~~288,~~521~~351.6311 2,~~288~~286,~~351~~575.1183 1201/11/~~2004~~2005 343005101 N/A 04/11/2014 N 2,~~176~~172,~~448~~838.3714 2,~~172~~169,~~838~~534.1472 1112/11/2004 130000951 N/A 04/11/2014 N 2,~~059~~055,~~011~~769.5016 2,~~055~~052,~~769~~836.1692 12/11/2004 842000082 N/A 03/11/2014 N 2,~~063~~061,~~978~~726.9251 2,~~061~~059,~~726~~792.5106 1201/11/~~2004~~2005 842000083 N/A 02/11/2012 N 2,~~046~~043,~~874~~536.4993 2,~~043~~040,~~536~~498.9398 1201/11/~~2004~~2005 842000084 N/A 03/11/2014 N 1,~~971~~969,~~386~~141.9259 1,~~969~~967,~~141~~187.5934 1201/11/~~2004~~2005 343000970 N/A 06/11/2014 N 1,~~890~~888,~~189~~030.5520 1,~~888~~886,~~030~~144.2085 1201/11/~~2004~~2005 343000964 N/A 05/11/2014 N 1,~~870~~868,~~362~~511.0921 1,~~868~~866,~~511~~972.2156 1101/11/~~2004~~2005 842000087 N/A 04/11/2014 N 1,~~836~~834,~~682~~585.4435 1,~~834~~832,~~585~~757.3546 1201/11/~~2004~~2005 343005092 N/A 03/11/2014 N 1,~~835~~833,~~846~~854.4520 1,~~833~~832,~~854~~146.2030 1201/11/~~2004~~2005 842000089 N/A 03/11/2014 N 1,~~798~~796,~~908~~037.0894 1,~~796~~793,~~037~~436.9416 1201/11/~~2004~~2005 343000963 N/A 05/11/2014 N 1,~~716~~714,~~156~~458.7244 1,~~714~~713,~~458~~046.4465 1101/11/~~2004~~2005 130000955 N/A 05/11/2009 N 1,610,000.00 1,610,000.00 1201/11/~~2004~~2005 742000092 N/A 05/11/2014 N 1,~~491~~490,~~862~~317.3117 1,~~490~~489,~~317~~011.1709 1201/11/~~2004~~2005 842000093 N/A 05/11/2014 N 1,~~486~~484,~~972~~610.1524 1,~~484~~482,~~610~~468.2425 1201/11/~~2004~~2005 130000925 N/A 03/11/2014 N 1,~~459~~458,~~523~~029.3008 1,~~458~~456,~~029~~773.0853 1201/11/~~2004~~2005 842000095 N/A 04/11/2014 N 1,~~341~~339,~~358~~971.4935 1,~~339~~338,~~971~~800.3561 1201/11/~~2004~~2005 130000944 N/A 04/11/2014 N 1,~~232~~230,~~862~~978.0904 1,~~230~~229,~~978~~286.0447 1201/11/~~2004~~2005 343000947 N/A 03/11/2014 N ~~992,486.34~~ 991,425.30 12990,520.19 01/11/~~2004~~2005 Totals 1,~~407~~406,~~103~~246,~~141~~527.5592 1,~~406~~405,~~246~~483,~~527~~887.9213

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 01/18/2005 0 $0.00 0 $0.00 0 $0.00 12/17/2004 0 $0.00 0 $0.00 0 $0.00 11/18/2004 0 $0.00 0 $0.00 0 $0.00 10/18/2004 0 $0.00 0 $0.00 0 $0.00 09/17/2004 0 $0.00 0 $0.00 0 $0.00 08/17/2004 0 $0.00 0 $0.00 0 $0.00 07/16/2004 0 $0.00 0 $0.00 0 $0.00 06/17/2004 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 01/18/2005 0 $0.00 0 $0.00 0 $0.00 12/17/2004 0 $0.00 0 $0.00 0 $0.00 11/18/2004 0 $0.00 0 $0.00 0 $0.00 10/18/2004 0 $0.00 0 $0.00 0 $0.00 09/17/2004 0 $0.00 0 $0.00 0 $0.00 08/17/2004 0 $0.00 0 $0.00 0 $0.00 07/16/2004 0 $0.00 0 $0.00 0 $0.00 06/17/2004 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 01/18/2005 0 $0.00 0 $0.00 5.175841% 5.136590% 88 12/17/2004 0 $0.00 0 $0.00 5.175967% 5.136714% 89 11/18/2004 0 $0.00 0 $0.00 5.176128% 5.136872% 90 10/18/2004 0 $0.00 0 $0.00 5.176251% 5.136994% 91 09/17/2004 0 $0.00 0 $0.00 5.176409% 5.137149% 92 08/17/2004 0 $0.00 0 $0.00 5.176529% 5.137267% 93 07/16/2004 0 $0.00 0 $0.00 5.176647% 5.137384% 94 06/17/2004 0 $0.00 0 $0.00 5.176799% 5.137534% 95 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 ~~343005101~~742000071 8071 0 1112/11/2004 1325,~~259~~816.1432 1325,~~259~~816.1432 B ~~343000964~~343005101 8680 0 1112/11/2004 1113,~~467~~259.6624 1113,~~467~~259.6624 B ~~343000963~~130000951 9081 0 1112/11/2004 1012,~~522~~971.1924 1012,~~522~~971.1924 B Totals 3 3552,~~248~~046.9980 3552,~~248~~046.9980

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~343005101~~742000071 2,~~176~~746,~~448~~851.3753 0.00 ~~343000964~~343005101 12,~~870~~172,~~362~~838.0914 0.00 ~~343000963~~130000951 12,~~716~~055,~~156~~769.7216 0.00 Totals 56,~~762~~975,~~967~~458.1883 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 (3 loans) 3552,~~248~~046.9980 3552,~~248~~046.9980 56,~~762~~975,~~967~~458.1883 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 · STRUCTURED ASSET SEC CORP II LB-UBS COMM MORT TRUST 2004-C4