8-K 1 wbt04c11_10502.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: February 17, 2005 (Date of earliest event reported) Commission File No.: 333-108944-04 Wachovia Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2004-C11 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2150541 54-2150542 54-6612475 (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 February 17, 2005, a distribution was made to holders of Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2004-C11. 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-C11, relating to the February 17, 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. Wachovia Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2004-C11 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: February 17, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2004-C11, relating to the February 17, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Wachovia Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2004-C11 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: February 17, 2005 Record Date: January 31, 2005 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 - 16 Mortgage Loan Detail 17 - 18 Principal Prepayment Detail 19 Historical Detail 20 Delinquency Loan Detail 21 Specially Serviced Loan Detail 22 - 23 Modified Loan Detail 24 Liquidated Loan Detail 25 Depositor Wachovia Commercial Mortgage Securities, Inc. 301 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Lennar Partners, Inc. 1601 Washington Avenue Suite 800 Miami Beach, FL 33139 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 929766QR7 3.333000% 56,200,000.00 5049,~~587~~908,~~584~~083.5742 ~~679~~682,~~501~~589.1594 ~~140~~138,~~507~~619.0270 A-2 929766QS5 4.260000% 70,000,000.00 70,000,000.00 0.00 248,500.00 A-3 929766QT3 4.719000% 87,715,000.00 87,715,000.00 0.00 344,939.24 A-4 929766QU0 5.030000% 52,829,000.00 52,829,000.00 0.00 221,441.56 A-5 929766QV8 5.215000% 454,900,000.00 454,900,000.00 0.00 1,976,919.58 A-1A 929766RA3 4.986000% 161,017,000.00 160,~~457~~390,~~296~~852.0769 66,~~443~~756.3897 666,~~700~~423.0799 B 929766QW6 5.306000% 28,641,000.00 28,641,000.00 0.00 126,640.95 C 929766QX4 5.~~337198~~337259% 13,018,000.00 13,018,000.00 0.00 57,~~899~~900.7037 D 929766QY2 5.~~287198~~287259% 23,434,000.00 23,434,000.00 0.00 103,~~250~~251.1636 E 929766QZ9 5.~~337198~~337259% 11,717,000.00 11,717,000.00 0.00 52,113.2989 F 929766RB1 5.~~337198~~337259% 14,320,000.00 14,320,000.00 0.00 63,~~690~~691.5629 G 929766RC9 5.~~337198~~337259% 13,019,000.00 13,019,000.00 0.00 57,904.1581 H 929766RD7 5.~~337198~~337259% 10,415,000.00 10,415,000.00 0.00 46,322.4396 J 929766RE5 5.310000% 16,924,000.00 16,924,000.00 0.00 74,888.70 K 929766RF2 5.310000% 5,207,000.00 5,207,000.00 0.00 23,040.97 L 929766RG0 5.310000% 2,604,000.00 2,604,000.00 0.00 11,522.70 M 929766RH8 5.310000% 2,604,000.00 2,604,000.00 0.00 11,522.70 N 929766RJ4 5.310000% 2,603,000.00 2,603,000.00 0.00 11,518.28 O 929766RK1 5.310000% 2,604,000.00 2,604,000.00 0.00 11,522.70 P 929766RL9 5.310000% 11,717,309.00 11,717,309.00 0.00 51,849.09 Z N/A 0.000000% 0.00 0.00 0.00 0.00 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 Totals 1,041,488,309.00 1,~~035~~034,~~316~~570,~~189~~245.6411 ~~745~~749,~~944~~346.5391 4,~~302~~300,~~693~~534.8584

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 929766QR7 0.00 0.00 ~~820~~821,~~008~~209.1764 49,~~908~~225,~~083~~493.4248 15.3536% A-2 929766QS5 0.00 0.00 248,500.00 70,000,000.00 15.3536% A-3 929766QT3 0.00 0.00 344,939.24 87,715,000.00 15.3536% A-4 929766QU0 0.00 0.00 221,441.56 52,829,000.00 15.3536% A-5 929766QV8 0.00 0.00 1,976,919.58 454,900,000.00 15.3536% A-1A 929766RA3 0.00 0.00 733,~~143~~180.4596 160,~~390~~324,~~852~~095.6972 15.3536% B 929766QW6 0.00 0.00 126,640.95 28,641,000.00 12.5859% C 929766QX4 0.00 0.00 57,~~899~~900.7037 13,018,000.00 11.33% D 929766QY2 0.00 0.00 103,~~250~~251.1636 23,434,000.00 9.0607% E 929766QZ9 0.00 0.00 52,113.2989 11,717,000.00 7.93% F 929766RB1 0.00 0.00 63,~~690~~691.5629 14,320,000.00 6.5455% G 929766RC9 0.00 0.00 57,904.1581 13,019,000.00 5.29% H 929766RD7 0.00 0.00 46,322.4396 10,415,000.00 4.28% J 929766RE5 0.00 0.00 74,888.70 16,924,000.00 2.64% K 929766RF2 0.00 0.00 23,040.97 5,207,000.00 2.14% L 929766RG0 0.00 0.00 11,522.70 2,604,000.00 1.89% M 929766RH8 0.00 0.00 11,522.70 2,604,000.00 1.64% N 929766RJ4 0.00 0.00 11,518.28 2,603,000.00 1.3839% O 929766RK1 0.00 0.00 11,522.70 2,604,000.00 1.13% P 929766RL9 0.00 0.00 51,849.09 11,717,309.00 0.00% Z N/A 0.00 0.00 0.00 0.00 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% Totals 0.00 0.00 5,~~048~~049,~~638~~881.3875 1,~~034~~033,~~570~~820,~~245~~898.1120

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X-C 929766RN5 0.~~032459~~031147% 1,041,488,309.00 1,~~035~~034,~~316~~570,~~189~~245.6411 2826,~~004~~853.6454 X-P 929766RM7 0.~~327057~~327110% 1,010,357,000.00 1,005,481,000.00 274,~~041~~086.0415

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X-C 929766RN5 0.00 2826,~~004~~853.6454 1,~~034~~033,~~570~~820,~~245~~898.1120 X-P 929766RM7 0.00 274,~~041~~086.0415 1,005,481,000.00 (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 929766QR7 ~~900~~888.~~13495676~~04418897 12.~~09076779~~14572847 2.~~50012491~~46654270 0.00000000 0.00000000 ~~888~~875.~~04418897~~89846050 A-2 929766QS5 1,000.00000000 0.00000000 3.55000000 0.00000000 0.00000000 1,000.00000000 A-3 929766QT3 1,000.00000000 0.00000000 3.93250003 0.00000000 0.00000000 1,000.00000000 A-4 929766QU0 1,000.00000000 0.00000000 4.19166670 0.00000000 0.00000000 1,000.00000000 A-5 929766QV8 1,000.00000000 0.00000000 4.34583333 0.00000000 0.00000000 1,000.00000000 A-1A 929766RA3 996.~~52394511~~11129688 0.~~41264823~~41459579 4.~~14055702~~13884242 0.00000000 0.00000000 ~~996~~995.~~11129688~~69670109 B 929766QW6 1,000.00000000 0.00000000 4.42166649 0.00000000 0.00000000 1,000.00000000 C 929766QX4 1,000.00000000 0.00000000 4.~~44766477~~44771624 0.00000000 0.00000000 1,000.00000000 D 929766QY2 1,000.00000000 0.00000000 4.~~40599812~~40604933 0.00000000 0.00000000 1,000.00000000 E 929766QZ9 1,000.00000000 0.00000000 4.~~44766493~~44771614 0.00000000 0.00000000 1,000.00000000 F 929766RB1 1,000.00000000 0.00000000 4.~~44766480~~44771578 0.00000000 0.00000000 1,000.00000000 G 929766RC9 1,000.00000000 0.00000000 4.~~44766495~~44771565 0.00000000 0.00000000 1,000.00000000 H 929766RD7 1,000.00000000 0.00000000 4.~~44766491~~44771579 0.00000000 0.00000000 1,000.00000000 J 929766RE5 1,000.00000000 0.00000000 4.42500000 0.00000000 0.00000000 1,000.00000000 K 929766RF2 1,000.00000000 0.00000000 4.42499904 0.00000000 0.00000000 1,000.00000000 L 929766RG0 1,000.00000000 0.00000000 4.42500000 0.00000000 0.00000000 1,000.00000000 M 929766RH8 1,000.00000000 0.00000000 4.42500000 0.00000000 0.00000000 1,000.00000000 N 929766RJ4 1,000.00000000 0.00000000 4.42500192 0.00000000 0.00000000 1,000.00000000 O 929766RK1 1,000.00000000 0.00000000 4.42500000 0.00000000 0.00000000 1,000.00000000 P 929766RL9 1,000.00000000 0.00000000 4.42499980 0.00000000 0.00000000 1,000.00000000 Z N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount X-C 929766RN5 ~~994~~993.~~07375070~~35752132 0.~~02688906~~02578381 0.00000000 ~~993~~992.~~35752132~~63802509 X-P 929766RM7 995.17398306 0.~~27123189~~27127654 0.00000000 995.17398306

Reconciliation Detail Advance Summary P & I Advances Outstanding 0395,333.0033 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00

Servicing Fee Summary Current Period Accrued Servicing Fees 35,~~603~~576.0198 Less Delinquent Servicing Fees 02,500.00 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 0.00 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3533,~~603~~076.0198

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 ~~140~~138,~~507~~619.0270 0.00 0.00 ~~140~~138,~~507~~619.0270 0.00 A-2 248,500.00 0.00 0.00 248,500.00 0.00 A-3 344,939.24 0.00 0.00 344,939.24 0.00 A-4 221,441.56 0.00 0.00 221,441.56 0.00 A-5 1,976,919.58 0.00 0.00 1,976,919.58 0.00 A-1A 666,~~700~~423.0799 0.00 0.00 666,~~700~~423.0799 0.00 X-C 2826,~~004~~853.6454 0.00 0.00 2826,~~004~~853.6454 0.00 X-P 274,~~041~~086.0415 0.00 0.00 274,~~041~~086.0415 0.00 B 126,640.96 0.00 0.00 126,640.96 0.00 C 57,~~899~~900.7037 0.00 0.00 57,~~899~~900.7037 0.00 D 103,~~250~~251.1636 0.00 0.00 103,~~250~~251.1636 0.00 E 52,113.2989 0.00 0.00 52,113.2989 0.00 F 63,~~690~~691.5629 0.00 0.00 63,~~690~~691.5629 0.00 G 57,904.1581 0.00 0.00 57,904.1581 0.00 H 46,322.4396 0.00 0.00 46,322.4396 0.00 J 74,888.70 0.00 0.00 74,888.70 0.00 K 23,040.97 0.00 0.00 23,040.97 0.00 L 11,522.70 0.00 0.00 11,522.70 0.00 M 11,522.70 0.00 0.00 11,522.70 0.00 N 11,518.28 0.00 0.00 11,518.28 0.00 O 11,522.70 0.00 0.00 11,522.70 0.00 P 51,849.09 0.00 0.00 51,849.09 0.00 Total 4,~~604~~601,~~739~~474.54 0.00 0.00 4,~~604~~601,~~739~~474.54 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 ~~140~~138,~~507~~619.0270 0.00 A-2 0.00 248,500.00 0.00 A-3 0.00 344,939.24 0.00 A-4 0.00 221,441.56 0.00 A-5 0.00 1,976,919.58 0.00 A-1A 0.00 666,~~700~~423.0799 0.00 X-C 0.00 2826,~~004~~853.6454 0.00 X-P 0.00 274,~~041~~086.0415 0.00 B 0.00 126,640.95 0.00 C 0.00 57,~~899~~900.7037 0.00 D 0.00 103,~~250~~251.1636 0.00 E 0.00 52,113.2989 0.00 F 0.00 63,~~690~~691.5629 0.00 G 0.00 57,904.1581 0.00 H 0.00 46,322.4396 0.00 J 0.00 74,888.70 0.00 K 0.00 23,040.97 0.00 L 0.00 11,522.70 0.00 M 0.00 11,522.70 0.00 N 0.00 11,518.28 0.00 O 0.00 11,522.70 0.00 P 0.00 51,849.09 0.00 Total 0.00 4,~~604~~601,~~739~~474.53 0.00

Other Required Information Available Distribution Amount (1) 5,350,~~684~~821.0644 Aggregate Number of Outstanding Loans 54 Aggregate Stated Principal Balance of Loans Before Distribution 1,~~035~~034,~~316~~570,~~189~~245.8835 Aggregate Stated Principal Balance of Loans After Distribution 1,~~034~~033,~~570~~820,~~245~~898.3544 Aggregate Unpaid Principal Balance of Loans 1,~~034~~033,~~570~~820,~~245~~898.3544 Aggregate Amount of Servicing Fee 3533,~~603~~076.0198 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 2,~~027~~026.4903 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 154,~~745~~635.6792 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 4,793,713.46 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 4,793,713.46 Principal: Scheduled Principal 749,346.84 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 749,346.84 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 5,543,060.30 Total Funds Distributed Fees: Master Servicing Fee 35,576.98 Trustee Fee 2,026.03 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 37,603.01 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 154,635.92 Payments to Certificateholders & Others: Interest Distribution 4,601,474.53 Principal Distribution 749,346.91 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 5,350,821.44 Total Funds Distributed 5,543,060.37

Current Mortgage Loan and Property Stratification Tables Aggregate Pool Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,000,000 or less 5 8,~~043~~028,~~270~~393.4039 0.78 ~~118~~117 5.~~8063~~8064 1.~~520309~~561979 2,000,001 to 3,000,000 4 11,~~514~~502,~~512~~045.3062 1.11 ~~110~~109 5.~~7009~~7008 1.~~372500~~380164 3,000,001 to 4,000,000 2 6,~~449~~442,~~245~~678.7584 0.62 ~~111~~110 5.4152 1.~~365014~~370000 4,000,001 to 5,000,000 3 13,~~153~~138,~~283~~238.8350 1.27 ~~111~~110 5.~~6355~~6354 1.~~546347~~546311 5,000,001 to 6,000,000 4 22,~~680~~656,~~292~~259.6079 2.19 ~~106~~105 5.~~6380~~6378 1.~~408807~~416662 6,000,001 to 7,000,000 1 6,~~338~~332,~~649~~754.1599 0.61 ~~110~~109 5.8000 1.910000 7,000,001 to 8,000,000 3 22,~~353~~327,~~321~~346.5040 2.16 ~~109~~108 5.5468 1.~~552400~~629052 8,000,001 to 9,000,000 4 33,~~349~~322,~~451~~530.2344 3.22 9695 5.~~0598~~0597 1.~~830983~~831045 9,000,001 to 10,000,000 2 19,~~098~~079,~~994~~114.9682 1.85 ~~111~~110 5.3100 1.565538 10,000,001 to 15,000,000 7 82,~~723~~686,~~954~~705.3897 8.00 9998 5.~~5000~~4998 1.~~354282~~363953 15,000,001 to 20,000,000 5 89,~~570~~492,~~146~~348.3899 8.66 ~~124~~123 5.~~7455~~7452 1.~~602163~~607485 20,000,001 to 25,000,000 5 114,~~146~~094,~~604~~022.6158 11.0304 6867 5.~~1555~~1554 1.~~497656~~531394 25,000,001 to 30,000,000 2 55,~~585~~557,~~256~~669.1261 5.37 ~~109~~108 5.~~4455~~4456 1.~~719910~~719761 30,000,001 to 40,000,000 1 35,~~699~~664,~~993~~531.9449 3.45 ~~110~~109 5.5300 1.372189 40,000,001 to 60,000,000 2 118,800,000.00 11.4849 9190 5.3600 1.985960 60,000,001 to 75,000,000 1 75,000,000.00 7.25 ~~111~~110 6.1600 1.360000 75,000,001 and greater 3 ~~320~~319,~~063~~696,~~268~~257.2001 30.9492 ~~109~~108 5.~~0920~~0921 1.~~317467~~347737 Totals 54 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 27,~~975~~948,~~397~~992.9336 2.70 ~~152~~151 5.~~7596~~7597 2.~~416807~~416844 Arizona 4 43,~~848~~811,~~219~~681.0336 4.24 ~~114~~113 5.4306 1.~~388431~~388457 California 9 129,~~446~~408,~~717~~488.9458 12.5152 9088 5.~~4170~~4169 1.~~594564~~624273 Colorado 3 3837,~~000~~979,~~016~~853.5217 3.67 ~~121~~120 5.~~6453~~6449 1.~~439434~~451970 Connecticut 2 ~~132~~131,~~210~~981,~~875~~727.5532 12.7877 ~~111~~110 4.~~5822~~5823 1.~~244602~~244605 Florida 10 171,~~590~~539,~~838~~488.9458 16.59 9796 5.6226 1.~~530177~~530249 Georgia 3 13,~~535~~518,~~233~~359.5607 1.31 5655 5.~~1420~~1419 1.~~435285~~435307 Idaho 1 1,~~878~~876,~~501~~413.9645 0.18 5049 5.0500 1.458042 Illinois 1 3,~~233~~230,~~708~~483.6080 0.31 ~~111~~110 5.4900 1.370000 Kansas 4 43,940,~~780~~179.8763 4.25 7372 5.1806 1.~~196508~~196504 Massachusetts 1 11,~~310~~294,~~254~~442.6848 1.09 ~~109~~108 5.9200 1.200000 Michigan 1 25,~~825~~797,~~256~~669.1261 2.50 ~~107~~106 5.3020 2.019420 Missouri 1 2,~~469~~466,~~091~~346.5947 0.24 5049 5.0500 1.458042 Nevada 1 1,~~712~~708,~~511~~698.5146 0.17 9796 5.8100 1.270000 New Jersey 5 4,~~331~~322,~~204~~546.6949 0.42 ~~102~~101 5.8396 1.~~557190~~557211 New York 5 168,~~231~~224,~~337~~010.6494 16.2627 ~~109~~108 5.4715 1.~~730600~~730615 North Carolina 2 98,~~567~~421,~~784~~257.6466 9.5352 ~~107~~106 5.6043 1.~~191632~~289592 Ohio 2 6,~~158~~152,~~990~~589.4301 0.60 ~~110~~109 5.3400 1.~~355221~~374779 Oklahoma 1 18,240,000.00 1.76 7574 4.7500 1.460000 Pennsylvania 5 11,~~507~~491,~~366~~028.4882 1.11 ~~107~~106 5.~~3705~~3703 1.~~742733~~742819 South Carolina 5 7,~~064~~052,~~600~~839.6066 0.68 ~~106~~105 5.8374 1.~~618746~~618837 Tennessee 1 4,~~061~~057,~~785~~715.8575 0.39 ~~111~~110 5.4700 1.440000 Texas 6 13,~~028~~010,~~872~~967.6466 1.26 6766 5.~~3537~~3536 1.~~465408~~465447 Utah 3 14,~~949~~934,~~614~~842.4497 1.4544 ~~110~~109 5.5521 1.~~294079~~294078 Virginia 4 20,~~516~~496,~~772~~464.4329 1.98 ~~109~~108 5.7738 1.~~411375~~475388 Washington 3 17,~~836~~818,~~077~~455.7166 1.72 ~~110~~109 5.5626 1.~~731857~~827817 Wyoming 1 3,~~098~~095,~~433~~355.0019 0.30 ~~110~~109 5.5300 1.372189 Totals 86 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.24 or less 86 ~~287~~174,~~562~~994,~~199~~785.4802 2716.8093 ~~110~~105 54.~~1680~~8177 1.~~203976~~209307 1.25 to 1.29 57 71183,~~455~~529,~~780~~534.1872 617.9175 ~~102~~109 5.~~4625~~6167 1.~~266533~~278303 1.30 to 1.34 2 28,160,000.00 2.72 9796 5.4551 1.316271 1.35 to 1.39 7 133,~~072~~014,~~684~~837.9196 12.8687 ~~111~~110 5.~~8773~~8774 1.~~365988~~366889 1.40 to 1.44 32 1715,~~027~~057,~~357~~715.7375 1.6546 ~~111~~110 5.~~3201~~2508 1.~~423617~~425390 1.45 to 1.49 86 ~~120~~87,~~158~~493,~~474~~908.2552 118.6146 8084 5.~~3269~~3192 1.~~467647~~462495 1.50 to 1.54 3 27,~~943~~921,~~173~~468.2101 2.70 ~~107~~106 5.~~6490~~6489 1.~~528585~~528584 1.55 to 1.59 46 ~~115~~127,~~705~~652,~~493~~756.2133 1112.1835 ~~108~~107 5.~~3211~~3644 1.~~556324~~556972 1.60 to 1.69 23 225,~~604~~199,~~692~~788.6277 02.2544 9053 5.~~7791~~2239 1.~~634915~~657413 1.70 to 1.79 2 6,~~658~~649,~~361~~891.2940 0.64 ~~110~~109 5.8473 1.~~760788~~760781 1.80 to 1.89 2 66,~~878~~869,~~588~~859.9753 6.4647 7877 4.9758 1.~~885168~~885173 1.90 to 1.99 32 2214,~~181~~724,~~263~~612.8246 21.1442 ~~110~~109 5.~~4231~~2985 1.~~950365~~955594 2.00 to 2.04 1 25,~~825~~797,~~256~~669.1261 2.50 ~~107~~106 5.3020 2.019420 2.05 to 2.19 23 6875,~~150~~583,~~000~~935.0047 67.5931 102 5.~~6201~~6250 2.~~084784~~093165 2.20 to 2.29 1 21,613,000.00 2.09 5150 4.8000 2.230000 2.30 and greater 1 19,~~573~~557,~~919~~134.5689 1.89 ~~170~~169 6.1200 2.600000 Totals 54 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 1 13,~~299~~287,~~174~~195.3936 1.29 ~~104~~103 6.0900 1.520000 Mixed Use 1 2,~~600~~598,~~691~~104.3000 0.25 ~~111~~110 5.5000 1.060000 Mobile Home Park 17 68,~~448~~376,~~152~~532.1880 6.6261 8887 5.3122 1.~~459525~~459521 Multi-Family 13 ~~136~~135,~~001~~954,~~702~~595.4775 13.15 9089 5.~~2221~~2220 1.~~370727~~373180 Office 10 292,~~727~~676,~~309~~313.2024 28.2931 ~~108~~107 5.~~7021~~7020 1.~~589533~~612885 Retail 39 ~~515~~514,~~016~~464,~~791~~009.3419 49.7876 ~~105~~104 5.2249 1.~~499590~~519067 Self Storage 5 6,~~476~~464,~~424~~148.4710 0.63 ~~128~~127 5.~~8271~~8272 1.~~647878~~648069 Totals 86 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 5.249 or less 13 337,~~802~~532,~~904~~165.1188 32.65 8685 4.~~8128~~8129 1.~~529553~~541113 5.250 to 5.499 12 220,~~720~~626,~~160~~273.0741 21.3334 ~~106~~105 5.3363 1.~~502698~~503207 5.500 to 5.749 11 218,~~665~~446,~~891~~386.2654 21.1413 ~~109~~108 5.5887 1.~~305669~~357683 5.750 to 5.999 13 130,~~760~~648,~~920~~597.0277 12.64 ~~107~~106 5.~~8009~~8008 1.~~735129~~745457 6.000 to 6.249 3 107,~~873~~844,~~093~~330.9525 10.43 ~~121~~120 6.1441 1.~~604728~~604582 6.250 and greater 2 18,~~747~~723,~~275~~144.9459 1.81 ~~158~~157 6.3976 1.~~265173~~290376 Totals 54 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 5045 ~~991~~811,~~662~~782,~~708~~583.6937 9578.8552 ~~103~~99 5.~~3704~~3241 1.~~492050~~467262 13 to 24 months 49 42222,~~907~~038,~~536~~315.6607 421.1548 ~~105~~111 5.~~6237~~5886 1.~~817167~~722910 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 54 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168

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 5 77,~~818~~789,~~416~~168.0011 7.52 5049 4.9719 1.~~752485~~801982 61 to 84 months 5 120,440,000.00 11.6465 7372 5.0043 1.573808 85 to 108 months 814 ~~260~~362,~~487~~388,~~609~~305.1278 2535.1805 106 5.~~5181~~5872 1.~~438267~~577584 109 to 120 months 3327 ~~538~~436,~~854~~276,~~749~~390.6192 5242.0820 110 5.~~3994~~3145 1.~~456176~~374112 121 to 168 months 1 15,~~750~~729,~~016~~853.5217 1.52 ~~168~~167 6.4200 1.~~230000~~260000 169 to 180 months 1 19,~~573~~557,~~919~~134.5689 1.89 ~~170~~169 6.1200 2.600000 181 to 192 months 0 0.00 0.00 0 0.0000 0.000000 229 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 53 1,032,~~924~~180,~~710~~852.8187 99.84 ~~103~~102 5.3803 1.~~505925~~522585

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 84 months 0 0.00 0.00 0 0.0000 0.000000 85 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 156 months 0 0.00 0.00 0 0.0000 0.000000 169 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 months or greater 1 1,~~645~~640,~~534~~045.5457 0.16 ~~182~~181 5.7600 1.260000 Totals 1 1,~~645~~640,~~534~~045.5457 0.16 ~~182~~181 5.7600 1.260000

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 3 52,363,000.00 5.06 5150 4.9227 1.~~893493~~966866 192 months or less 0 0.00 0.00 0 0.0000 0.000000 229 to 264 months 01 01,815,762.0044 0.0018 0109 05.~~0000~~7700 01.~~000000~~650000 265 to 300 months 98 ~~270~~268,~~670~~424,~~902~~308.9510 2625.1696 ~~113~~112 5.~~1783~~1744 1.~~233096~~269195 301 to 348 months 717 ~~140~~256,~~756~~173,~~076~~237.0648 1324.6178 104 5.~~5771~~5372 1.~~858972~~789508 349 months or greater 3121 ~~544~~428,~~061~~387,~~538~~204.4625 5241.5944 ~~103~~100 5.~~4532~~4437 1.~~521013~~477995 Totals 53 1,032,~~924~~180,~~710~~852.8187 99.84 ~~103~~102 5.3803 1.~~505925~~522585

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 2018 ~~453~~440,~~694~~121,~~694~~974.1098 4342.8557 9695 5.~~3441~~3314 1.~~655790~~653856 1 year or less 3436 ~~580~~593,~~875~~698,~~551~~923.2546 5657.1543 ~~108~~107 5.~~4096~~4177 1.~~388176~~424545 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 54 1,~~034~~033,~~570~~820,~~245~~898.3544 100.00 ~~103~~102 5.3809 1.~~505534~~522168 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Current Mortgage Loan and Property Stratification Tables Group 1 Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,000,000 or less 4 6,~~077~~065,~~698~~623.5221 0.59 ~~121~~120 5.7922 1.~~555984~~556148 2,000,001 to 3,000,000 4 11,~~514~~502,~~512~~045.3062 1.11 ~~110~~109 5.~~7009~~7008 1.~~372500~~380164 3,000,001 to 4,000,000 1 3,~~215~~212,~~537~~195.1504 0.31 ~~110~~109 5.3400 1.~~360000~~370000 4,000,001 to 5,000,000 3 13,~~153~~138,~~283~~238.8350 1.27 ~~111~~110 5.~~6355~~6354 1.~~546347~~546311 5,000,001 to 6,000,000 3 17,~~177~~158,~~120~~475.2532 1.66 ~~105~~104 5.~~6534~~6532 1.~~488519~~498899 6,000,001 to 7,000,000 1 6,~~338~~332,~~649~~754.1599 0.61 ~~110~~109 5.8000 1.910000 7,000,001 to 8,000,000 3 22,~~353~~327,~~321~~346.5040 2.16 ~~109~~108 5.5468 1.~~552400~~629052 8,000,001 to 10,000,000 3 25,~~199~~172,~~451~~530.2344 2.4443 ~~111~~110 5.2117 1.~~737509~~737492 10,000,001 to 15,000,000 3 34,~~623~~586,~~954~~705.3897 3.35 ~~107~~106 5.9419 1.~~403899~~427074 15,000,001 to 20,000,000 4 71,~~330~~252,~~146~~348.3899 6.89 ~~136~~135 6.0000 1.~~638516~~645239 20,000,001 to 25,000,000 4 93,~~746~~694,~~604~~022.6158 9.06 6665 5.~~1197~~1196 1.~~588541~~629676 25,000,001 to 30,000,000 2 55,~~585~~557,~~256~~669.1261 5.37 ~~109~~108 5.~~4455~~4456 1.~~719910~~719761 30,000,001 to 60,000,000 2 118,800,000.00 11.4849 9190 5.3600 1.985960 60,000,001 to 80,000,000 1 75,000,000.00 7.25 ~~111~~110 6.1600 1.360000 80,000,001 and greater 3 ~~320~~319,~~063~~696,~~268~~257.2001 30.9492 ~~109~~108 5.~~0920~~0921 1.~~317467~~347737 Totals 41 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 27,~~975~~948,~~397~~992.9336 2.70 ~~152~~151 5.~~7596~~7597 2.~~416807~~416844 Arizona 3 32,~~848~~811,~~219~~681.0336 3.1817 ~~114~~113 5.5179 1.~~377860~~377882 California 6 107,~~929~~913,~~433~~486.8178 10.4344 8584 5.~~4334~~4333 1.~~604683~~640301 Colorado 1 15,~~750~~729,~~016~~853.5217 1.52 ~~168~~167 6.4200 1.~~230000~~260000 Connecticut 2 ~~132~~131,~~210~~981,~~875~~727.5532 12.7877 ~~111~~110 4.~~5822~~5823 1.~~244602~~244605 Florida 8 158,~~229~~191,~~791~~713.2403 15.2930 9695 5.6304 1.~~543517~~543586 Georgia 3 13,~~535~~518,~~233~~359.5607 1.31 5655 5.~~1420~~1419 1.~~435285~~435307 Idaho 1 1,~~878~~876,~~501~~413.9645 0.18 5049 5.0500 1.458042 Kansas 1 540,~~780~~179.8763 0.05 5049 5.0500 1.458042 Massachusetts 1 11,~~310~~294,~~254~~442.6848 1.09 ~~109~~108 5.9200 1.200000 Michigan 1 25,~~825~~797,~~256~~669.1261 2.50 ~~107~~106 5.3020 2.019420 Missouri 1 2,~~469~~466,~~091~~346.5947 0.24 5049 5.0500 1.458042 Nevada 1 1,~~712~~708,~~511~~698.5146 0.17 9796 5.8100 1.270000 New Jersey 5 4,~~331~~322,~~204~~546.6949 0.42 ~~102~~101 5.8396 1.~~557190~~557211 New York 3 160,855,555.66 15.5556 ~~108~~107 5.4689 1.747034 North Carolina 2 98,~~567~~421,~~784~~257.6466 9.5352 ~~107~~106 5.6043 1.~~191632~~289592 Ohio 2 6,~~158~~152,~~990~~589.4301 0.60 ~~110~~109 5.3400 1.~~355221~~374779 Pennsylvania 5 11,~~507~~491,~~366~~028.4882 1.11 ~~107~~106 5.~~3705~~3703 1.~~742733~~742819 South Carolina 5 7,~~064~~052,~~600~~839.6066 0.68 ~~106~~105 5.8374 1.~~618746~~618837 Tennessee 1 4,~~061~~057,~~785~~715.8575 0.39 ~~111~~110 5.4700 1.440000 Texas 6 13,~~028~~010,~~872~~967.6466 1.26 6766 5.~~3537~~3536 1.~~465408~~465447 Virginia 3 18,~~551~~533,~~200~~694.5511 1.79 ~~109~~108 5.7657 1.~~411521~~464310 Washington 3 17,~~836~~818,~~077~~455.7166 1.72 ~~110~~109 5.5626 1.~~731857~~827817 Totals 66 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.24 or less 64 ~~261~~149,~~659~~097,~~027~~000.1355 2514.2942 ~~113~~110 54.~~1473~~7205 1.~~214566~~228817 1.25 to 1.29 35 44156,~~855~~929,~~780~~534.1872 415.3418 ~~108~~112 5.~~5975~~6815 1.~~258547~~278015 1.30 to 1.34 1 17,660,000.00 1.71 ~~111~~110 5.6900 1.320000 1.35 to 1.39 5 94,~~138~~119,~~982~~822.3767 9.10 ~~111~~110 6.~~0222~~0224 1.~~363498~~364774 1.40 to 1.44 1 4,~~061~~057,~~785~~715.8575 0.39 ~~111~~110 5.4700 1.440000 1.45 to 1.49 75 ~~101~~69,~~918~~253,~~474~~908.2552 96.8570 8187 5.~~4302~~4692 1.~~469016~~463152 1.50 to 1.54 2 18,~~599~~587,~~174~~195.3936 1.80 ~~106~~105 5.~~8193~~8191 1.~~522850~~522851 1.55 to 1.59 34 ~~105~~115,~~950~~945,~~497~~143.0798 1011.2422 ~~108~~107 5.~~3221~~3607 1.~~553224~~553806 1.60 to 1.69 23 225,~~604~~199,~~692~~788.6277 02.2544 9053 5.~~7791~~2239 1.~~634915~~657413 1.70 to 1.79 2 6,~~658~~649,~~361~~891.2940 0.64 ~~110~~109 5.8473 1.~~760788~~760781 1.80 to 1.89 2 66,~~878~~869,~~588~~859.9753 6.4647 7877 4.9758 1.~~885168~~885173 1.90 to 1.99 32 2214,~~181~~724,~~263~~612.8246 21.1442 ~~110~~109 5.~~4231~~2985 1.~~950365~~955594 2.00 to 2.04 1 25,~~825~~797,~~256~~669.1261 2.50 ~~107~~106 5.3020 2.019420 2.05 to 2.09 1 60,000,000.00 5.80 ~~109~~108 5.7600 2.080000 2.10 to 2.24 12 2129,~~613~~046,~~000~~935.0047 2.0981 5165 45.~~8000~~0227 2.~~230000~~214644 2.25 and greater 1 19,~~573~~557,~~919~~134.5689 1.89 ~~170~~169 6.1200 2.600000 Totals 41 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 1 13,~~299~~287,~~174~~195.3936 1.29 ~~104~~103 6.0900 1.520000 Mixed Use 1 2,~~600~~598,~~691~~104.3000 0.25 ~~111~~110 5.5000 1.060000 Mobile Home Park 9 32,~~748~~712,~~158~~001.2431 3.1716 6564 5.0747 1.~~554733~~554736 Multi-Family 1 11,~~310~~294,~~254~~442.6848 1.09 ~~109~~108 5.9200 1.200000 Office 10 292,~~727~~676,~~309~~313.2024 28.2931 ~~108~~107 5.~~7021~~7020 1.~~589533~~612885 Retail 39 ~~515~~514,~~016~~464,~~791~~009.3419 49.7876 ~~105~~104 5.2249 1.~~499590~~519067 Self Storage 5 6,~~476~~464,~~424~~148.4710 0.63 ~~128~~127 5.~~8271~~8272 1.~~647878~~648069 Totals 66 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 5.249 or less 8 277,~~412~~142,~~904~~165.1188 26.81 8887 4.~~7888~~7889 1.~~540678~~554768 5.250 to 5.499 7 163,~~887~~816,~~456~~674.5179 15.8485 ~~109~~108 5.3337 1.~~569769~~570488 5.500 to 5.749 9 177,~~462~~284,~~724~~070.9758 17.15 ~~109~~108 5.6005 1.~~296805~~360895 5.750 to 5.999 12 128,~~795~~685,~~348~~827.1459 12.45 ~~107~~106 5.8001 1.~~740091~~747981 6.000 to 6.249 3 107,~~873~~844,~~093~~330.9525 10.43 ~~121~~120 6.1441 1.~~604728~~604582 6.250 or greater 2 18,~~747~~723,~~275~~144.9459 1.81 ~~158~~157 6.3976 1.~~265173~~290376 Totals 41 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 3733 ~~831~~653,~~271~~420,~~266~~668.9679 8063.3520 ~~104~~101 5.~~3953~~3460 1.~~513074~~487745 13 to 24 months 48 42220,~~907~~075,~~536~~544.6689 421.1529 ~~105~~111 5.~~6237~~5863 1.~~817167~~724185 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 41 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315

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 4 69,~~668~~639,~~416~~168.0011 6.7374 5049 5.0166 1.~~709492~~764764 61 to 84 months 1 58,800,000.00 5.6869 7372 4.9519 1.890000 85 to 108 months 713 ~~258~~360,~~522~~425,~~037~~535.2460 2434.9986 106 5.~~5156~~5857 1.~~438482~~577571 109 to 120 months 2620 ~~450~~347,~~218~~704,~~879~~476.7634 4333.5263 110 5.~~3957~~2882 1.~~468837~~369594 121 to 156 months 0 0.00 0.00 0 0.0000 0.000000 169 to 180 months 1 19,~~573~~557,~~919~~134.5689 1.89 ~~170~~169 6.1200 2.600000 181 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 40 ~~872~~871,~~533~~856,~~269~~168.0811 84.3433 ~~104~~103 5.~~4058~~4059 1.~~528505~~547856

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 84 months 0 0.00 0.00 0 0.0000 0.000000 85 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 months or greater 1 1,~~645~~640,~~534~~045.5457 0.16 ~~182~~181 5.7600 1.260000 Totals 1 1,~~645~~640,~~534~~045.5457 0.16 ~~182~~181 5.7600 1.260000

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 2 44,213,000.00 4.2728 5049 4.9840 1.~~851740~~938638 192 months or less 0 0.00 0.00 0 0.0000 0.000000 229 to 264 months 01 01,815,762.0044 0.0018 0109 05.~~0000~~7700 01.~~000000~~650000 265 to 300 months 87 ~~268~~266,~~705~~461,~~331~~537.0792 25.9777 ~~113~~112 5.~~1734~~1694 1.~~231801~~266906 301 to 348 months 614 ~~122~~196,~~516~~770,~~076~~921.0652 1119.8403 ~~108~~106 5.~~7002~~6099 1.~~918371~~913280 349 months or greater 2113 ~~412~~337,~~025~~577,~~668~~605.6163 3932.8365 ~~104~~103 5.~~4894~~4956 1.~~583320~~520848 Totals 40 ~~872~~871,~~533~~856,~~269~~168.0811 84.3433 ~~104~~103 5.~~4058~~4059 1.~~528505~~547856

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 1614 ~~374~~361,~~654~~117,~~700~~443.1649 3634.2193 9594 5.~~3587~~3438 1.~~713411~~713187 1 year or less 2527 ~~499~~512,~~524~~378,~~103~~770.4619 4849.2856 ~~111~~110 5.~~4423~~4508 1.~~388936~~430412 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 41 ~~874~~873,~~178~~496,~~803~~213.6268 84.5049 ~~104~~103 5.~~4065~~4066 1.~~528000~~547315 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Current Mortgage Loan and Property Stratification Tables Group 2 Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,000,000 or less 1 1,~~965~~962,~~571~~770.8818 0.19 ~~108~~107 5.8500 1.~~410000~~580000 2,000,001 to 4,000,000 1 3,~~233~~230,~~708~~483.6080 0.31 ~~111~~110 5.4900 1.370000 4,000,001 to 6,000,000 1 5,~~503~~497,~~172~~784.3547 0.53 ~~110~~109 5.5900 1.160000 6,000,001 to 9,000,000 1 8,150,000.00 0.79 5150 4.5900 2.120000 9,000,001 to 10,000,000 2 19,~~098~~079,~~994~~114.9682 1.85 ~~111~~110 5.3100 1.565538 10,000,001 to 15,000,000 4 48,100,000.00 4.65 9392 5.1819 1.318565 15,000,001 to 20,000,000 1 18,240,000.00 1.76 7574 4.7500 1.460000 20,000,001 to 25,000,000 1 20,400,000.00 1.97 7372 5.3200 1.080000 25,000,001 and greater 1 35,~~699~~664,~~993~~531.9449 3.45 ~~110~~109 5.5300 1.372189 Totals 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Arizona 1 11,000,000.00 1.06 ~~111~~110 5.1700 1.420000 California 3 21,~~517~~495,~~284~~001.1380 2.08 ~~111~~110 5.3347 1.~~543808~~543807 Colorado 2 22,250,000.00 2.15 8887 5.0970 1.587685 Florida 2 13,~~361~~347,~~047~~775.6955 1.29 ~~110~~109 5.5300 1.372189 Illinois 1 3,~~233~~230,~~708~~483.6080 0.31 ~~111~~110 5.4900 1.370000 Kansas 3 43,400,000.00 4.1920 7473 5.1822 1.193249 New York 2 7,~~375~~368,~~781~~455.9828 0.71 ~~110~~109 5.5300 1.372189 Oklahoma 1 18,240,000.00 1.76 7574 4.7500 1.460000 Utah 3 14,~~949~~934,~~614~~842.4497 1.4544 ~~110~~109 5.5521 1.~~294079~~294078 Virginia 1 1,~~965~~962,~~571~~770.8818 0.19 ~~108~~107 5.8500 1.~~410000~~580000 Wyoming 1 3,~~098~~095,~~433~~355.0019 0.30 ~~110~~109 5.5300 1.372189 Totals 20 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.24 or less 2 25,~~903~~897,~~172~~784.3547 2.5051 8180 5.~~3774~~3773 1.~~096996~~096983 1.25 to 1.29 2 26,600,000.00 2.57 9392 5.2349 1.280000 1.30 to 1.34 1 10,500,000.00 1.0102 7473 5.0600 1.310000 1.35 to 1.39 2 38,~~933~~895,~~702~~015.5429 3.76 ~~110~~109 5.5267 1.372007 1.40 to 1.44 21 1211,~~965~~000,~~571~~000.8800 1.2506 ~~111~~110 5.~~2731~~1700 1.~~418484~~420000 1.45 to 1.49 1 18,240,000.00 1.76 7574 4.7500 1.460000 1.50 to 1.54 1 9,~~343~~334,~~998~~272.8265 0.90 ~~111~~110 5.3100 1.540000 1.55 to 1.59 12 911,~~754~~707,~~996~~612.1435 01.9413 ~~111~~109 5.~~3100~~4005 1.~~590000~~588324 1.60 and greater 1 8,150,000.00 0.79 5150 4.5900 2.120000 Totals 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Mobile Home Park 8 35,~~699~~664,~~993~~531.9449 3.45 ~~110~~109 5.5300 1.372189 Multi-Family 12 124,~~691~~660,~~447~~153.7927 12.0506 8988 5.~~1588~~1587 1.~~386213~~388871 Totals 20 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 5.249 or less 5 60,390,000.00 5.84 7877 4.9230 1.478447 5.250 to 5.499 5 56,~~832~~809,~~703~~598.5662 5.4950 9796 5.3437 1.~~309288~~309195 5.500 to 5.749 2 41,~~203~~162,~~166~~315.2996 3.98 ~~110~~109 5.5380 1.~~343849~~343848 5.750 or greater 1 1,~~965~~962,~~571~~770.8818 0.19 ~~108~~107 5.8500 1.~~410000~~580000 Totals 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 1312 ~~160~~158,~~391~~361,~~441~~914.7358 15.5032 9392 5.~~2414~~2338 1.~~383092~~382745 13 to 24 months 01 01,962,770.0018 0.0019 0107 05.~~0000~~8500 01.~~000000~~580000 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

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 1 8,150,000.00 0.79 5150 4.5900 2.120000 61 to 84 months 4 61,640,000.00 5.96 7473 5.0543 1.272184 109 months or greater 7 88,~~635~~571,~~869~~914.8558 8.57 ~~110~~109 5.4179 1.~~391865~~391849 Totals 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

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 1 8,150,000.00 0.79 5150 4.5900 2.120000 300 months or less 1 1,~~965~~962,~~571~~770.8818 0.19 ~~108~~107 5.8500 1.~~410000~~580000 301 to 348 months 13 1859,~~240~~402,~~000~~315.0096 15.76 75 498 5.~~7500~~2960 1.~~460000~~379514 349 months or greater 108 ~~132~~90,~~035~~809,~~869~~598.8562 128.7678 9892 5.~~3404~~2508 1.~~326580~~318691 Totals 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160

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 4 79,~~039~~004,~~993~~531.9449 7.64 ~~102~~101 5.~~2749~~2748 1.~~382661~~382666 1 year or less 9 81,~~351~~320,~~447~~153.7927 7.8687 8584 5.2088 1.~~383510~~387583 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 13 160,~~391~~324,~~441~~684.7376 15.5051 9392 5.~~2414~~2413 1.~~383092~~385160 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 502801313 1 RT Waterbury CT ~~502~~501,~~194~~316.2226 224,~~082~~960.3733 4.550% 502804517 2 RT Greensboro NC ~~466~~465,~~303~~621.1746 ~~141~~142,~~369~~050.0879 5.600% 316000017 3 OF New York NY 436,458.76 0.00 5.304% 502794112 4 OF Jacksonville FL 397,833.33 0.00 6.160% 316000011 5 OF New York NY 297,600.00 0.00 5.760% 837000006 6 RT Hialeah FL 250,731.20 0.00 4.952% 737000007 7 MH Various Various 170,~~169~~001.4639 35,~~294~~462.3845 5.530% 502781529 8 RT Palmdale CA 142,740.53 0.00 5.570% 837000009 9 RT Bay City MI ~~118~~117,~~033~~908.4508 27,~~461~~586.1451 5.302% 502798601 10 RT Gilbert AZ 116,~~377~~260.1609 25,~~037~~154.4754 5.430% 737000011 11 MH Various Various 107,~~397~~278.1236 27,~~308~~427.7349 5.050% 502796931 12 OF San Diego CA 100,419.33 0.00 5.160% 502789416 13 RT Colma CA 89,333.73 0.00 4.800% 737000014 14 MF Overland Park KS 93,454.67 0.00 5.320% 502764212 15 RT Tuscaloosa AL 103,~~242~~154.5556 16,~~696~~784.6867 6.120% 502790118 16 Various Various Various 91,~~990~~787.4611 40,~~646~~849.0237 5.810% 502778326 17 MF Oklahoma City OK 74,606.67 0.00 4.750% 502792814 18 RT Poway CA 86,529.09 0.00 5.690% 837000019 19 OF Englewood CO 87,~~182~~071.2034 20,~~052~~163.4935 6.420% 502796111 20 MF Aurora CO 65,443.58 0.00 5.390% 502806836 21 IN Covina CA 69,~~805~~743.5809 11,~~916~~979.5403 6.090% 737000022 22 MF Overland Park KS 54,465.28 0.00 5.060% 502796214 23 MF Boston MA 57,~~737~~657.3616 15,~~732~~812.0020 5.920% 502804516 24 MF Tucson AZ 48,971.39 0.00 5.170% 737000025 25 MF Overland Park KS 45,750.83 0.00 5.060% 502793002 26 OF Fairfax VA 49,~~805~~758.0428 9,~~410~~457.4218 5.770% 737000027 27 MF Sacramento CA 44,~~650~~604.9472 10,~~107~~153.7597 5.310% 737000028 28 MF Sacramento CA 42,~~769~~725.7143 9,~~681~~726.8917 5.310% 502780123 29 RT Fort Myers FL 41,~~712~~671.1539 8,~~529~~570.6945 5.550% 502792613 30 RT Montgomery AL 35,~~634~~594.8526 9,~~580~~620.3190 4.920% 502800303 31 MH Doylestown PA 35,~~864~~826.8430 8,~~690~~729.9044 5.150% 502799813 32 MF Denver CO 32,212.88 0.00 4.590% 502768421 33 RT Punta Gorda FL 35,~~850~~797.9464 11,~~151~~205.8212 5.550% 502756429 34 OF Seattle WA 36,~~366~~331.3435 7,~~165~~200.8483 5.670% 737000035 35 RT Olympia WA 34,~~674~~639.5134 7,~~533~~569.9815 5.420% 502779324 36 RT Phoenix AZ 31,~~687~~658.3203 5,~~864~~894.8716 5.800% 502794406 37 RT Various Various 30,~~199~~133.6411 13,~~116~~182.4497 5.890% 502766410 38 RT Mechanicsville VA 30,~~057~~030.8031 5,~~434~~461.4796 5.875% 502803810 39 MF North Salt Lake UT 26,~~515~~490.9413 5,~~362~~387.0788 5.590% 502798307 40 RT Bethpage NY 23,458.39 0.00 5.140% 503785701 41 SS Various SC 24,~~369~~335.6361 6,~~753~~787.3840 5.850% 737000042 42 RT New Haven CT 20,~~382~~362.0816 4,~~167~~187.9183 5.550% 502794019 43 RT Germantown TN 19,~~151~~132.2214 4,~~051~~070.0210 5.470% 502800408 44 MF Champaign IL 15,~~302~~287.5336 3,~~209~~224.6380 5.490% 737000045 45 RT Harrison OH 14,~~801~~786.4111 3,~~326~~342.8111 5.340% 737000046 46 RT Ridgecrest CA 16,~~229~~208.8651 3,~~946~~968.6500 6.280% 502790941 47 RT Tacoma WA 14,~~478~~465.8100 2,~~838~~852.2607 5.650% 737000048 48 RT Cincinnati OH 13,~~548~~534.98 3,~~045~~059.31 5.340% 502793611 49 MU Richmond VA 12,~~329~~317.3616 2,~~575~~587.1030 5.500% 737000050 50 MF Colonial Heights VA 9,~~915~~901.6157 2,~~787~~801.6670 5.850% 502793003 51 RT Asbury Park NJ 9,~~052~~037.3814 3,~~068~~083.2145 5.770% 737000052 52 RT Houston TX 9,~~198~~190.5715 1,~~674~~682.0749 5.840% 737000053 53 SS Tucson AZ 8,~~188~~161.9485 5,~~461~~488.8897 5.760% 737000054 54 RT Sinton TX 3,~~933~~924.9187 1,~~811~~820.3640 5.800% Totals 4,~~797~~793,~~115~~713.7046 ~~745~~749,~~944~~346.6084

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 502801313 N/A 04/11/2014 N ~~128~~127,~~174~~950,~~349~~267.8050 127,~~950~~725,~~267~~307.5010 0102/11/2005 502804517 N/A 12/11/2013 N 96,~~698~~557,~~814~~445.1204 96,~~557~~415,~~445~~394.0425 0102/11/2005 316000017 01/11/2014 01/11/2034 N 95,555,555.66 95,555,555.66 0102/11/2005 502794112 04/11/2014 04/11/2036 N 75,000,000.00 75,000,000.00 01/11/2005 316000011 02/11/2014 02/11/2028 N 60,000,000.00 60,000,000.00 0102/11/2005 837000006 N/A 02/01/2011 N 58,800,000.00 58,800,000.00 0102/01/2005 737000007 N/A 03/01/2014 N 35,~~735~~699,~~288~~993.3294 35,~~699~~664,~~993~~531.9449 0102/01/2005 502781529 04/11/2014 04/11/2036 N 29,760,000.00 29,760,000.00 0102/11/2005 837000009 N/A 12/01/2013 N 25,~~852~~825,~~717~~256.2612 25,~~825~~797,~~256~~669.1261 0102/01/2005 502798601 04/11/2014 04/11/2034 N 24,~~889~~864,~~072~~035.8134 24,~~864~~838,~~035~~880.3480 0102/11/2005 737000011 N/A 03/01/2009 N 24,~~696~~669,~~878~~569.0027 24,~~669~~642,~~569~~141.2778 0102/01/2005 502796931 03/11/2009 03/11/2014 N 22,600,000.00 22,600,000.00 0102/11/2005 502789416 04/11/2009 04/11/2029 N 21,613,000.00 21,613,000.00 0102/11/2005 737000014 N/A 02/11/2011 N 20,400,000.00 20,400,000.00 0102/11/2005 502764212 03/11/2019 03/11/2034 N 19,~~590~~573,~~616~~919.2456 19,~~573~~557,~~919~~134.5689 0102/11/2005 502790118 02/11/2013 02/11/2024 N 18,~~386~~346,~~856~~210.3230 18,~~346~~305,~~210~~360.3093 0102/11/2005 502778326 N/A 04/11/2011 N 18,240,000.00 18,240,000.00 0102/11/2005 502792814 N/A 04/11/2014 N 17,660,000.00 17,660,000.00 0102/11/2005 837000019 N/A 01/01/2019 N 15,~~770~~750,~~069~~016.0152 15,~~750~~729,~~016~~853.5217 0102/01/2005 502796111 03/11/2014 03/11/2034 N 14,100,000.00 14,100,000.00 0102/11/2005 502806836 N/A 09/01/2013 N 13,~~311~~299,~~090~~174.9339 13,~~299~~287,~~174~~195.3936 0102/01/2005 737000022 N/A 03/11/2011 N 12,500,000.00 12,500,000.00 0102/11/2005 502796214 02/11/2014 02/11/2029 N 11,~~325~~310,~~986~~254.68 11,~~310~~294,~~254~~442.6848 0102/11/2005 502804516 04/11/2014 04/11/2034 N 11,000,000.00 11,000,000.00 0102/11/2005 737000025 N/A 03/11/2011 N 10,500,000.00 10,500,000.00 0102/11/2005 502793002 02/11/2014 02/11/2024 N 10,~~023~~014,~~935~~525.7331 10,~~014~~005,~~525~~068.3113 0102/11/2005 737000027 N/A 04/11/2014 N 9,~~765~~754,~~103~~996.8914 9,~~754~~744,~~996~~842.1417 0102/11/2005 737000028 N/A 04/11/2014 N 9,~~353~~343,~~680~~998.7182 9,~~343~~334,~~998~~272.8265 0102/11/2005 502780123 N/A 04/11/2014 N 8,~~727~~719,~~913~~383.5889 8,~~719~~710,~~383~~813.8944 0102/11/2005 502792613 03/11/2014 03/11/2034 N 8,~~411~~401,~~058~~478.6837 8,~~401~~391,~~478~~857.3747 0102/11/2005 502800303 04/11/2014 04/11/2024 N 8,~~087~~078,~~279~~588.8797 8,~~078~~069,~~588~~859.9753 0102/11/2005 502799813 N/A 04/11/2009 N 8,150,000.00 8,150,000.00 0102/11/2005 502768421 02/11/2014 02/11/2034 N 7,~~501~~490,~~503~~352.9109 7,~~490~~479,~~352~~146.0997 0102/11/2005 502756429 02/11/2014 02/11/2034 N 7,~~448~~441,~~302~~136.1430 7,~~441~~433,~~136~~935.3047 0102/11/2005 737000035 03/11/2014 03/11/2034 N 7,~~429~~421,~~367~~833.0911 7,~~421~~414,~~833~~263.1196 0102/11/2005 502779324 03/11/2014 03/11/2034 N 6,~~344~~338,~~514~~649.0215 6,~~338~~332,~~649~~754.1599 0102/11/2005 502794406 01/11/2013 01/11/2024 N 5,~~954~~941,~~252~~136.7531 5,~~941~~927,~~136~~953.3134 0102/11/2005 502766410 N/A 02/11/2014 N 5,~~941~~935,~~418~~983.4194 5,~~935~~930,~~983~~521.9498 0102/11/2005 502803810 03/11/2014 03/11/2034 N 5,~~508~~503,~~534~~172.4235 5,~~503~~497,~~172~~784.3547 0102/11/2005 502798307 N/A 03/11/2014 N 5,300,000.00 5,300,000.00 0102/11/2005 503785701 03/11/2014 03/11/2034 N 4,~~837~~830,~~643~~889.3193 4,~~830~~824,~~889~~102.9353 0102/11/2005 737000042 04/11/2014 04/11/2034 N 4,~~264~~260,~~775~~608.9605 4,~~260~~256,~~608~~420.0522 0102/11/2005 502794019 04/11/2014 04/11/2024 N 4,~~065~~061,~~836~~785.8785 4,~~061~~057,~~785~~715.8575 0102/11/2005 502800408 04/11/2014 04/11/2034 N 3,~~236~~233,~~918~~708.2360 3,~~233~~230,~~708~~483.6080 0102/11/2005 737000045 03/11/2014 03/11/2034 N 3,~~218~~215,~~863~~537.9615 3,~~215~~212,~~537~~195.1504 0102/11/2005 737000046 N/A 12/11/2013 N 32,~~001~~997,~~206~~259.0742 2,~~997~~993,~~259~~291.42 0102/11/2005 502790941 04/11/2014 04/11/2034 N 2,~~975~~973,~~946~~108.5630 2,~~973~~970,~~108~~256.3023 0102/11/2005 737000048 03/11/2014 03/11/2034 N 2,~~946~~943,~~498~~453.5928 2,~~943~~940,~~453~~393.2897 0102/11/2005 502793611 04/11/2014 04/11/2034 N 2,~~603~~600,~~266~~691.4030 2,~~600~~598,~~691~~104.3000 0102/11/2005 737000050 N/A 01/11/2014 N 1,~~968~~965,~~359~~571.5488 1,~~965~~962,~~571~~770.8818 0102/11/2005 502793003 N/A 03/11/2014 N 1,~~821~~818,~~914~~845.1089 1,~~818~~815,~~845~~762.8944 0102/11/2005 737000052 N/A 03/11/2014 N 1,~~829~~827,~~145~~471.4336 1,~~827~~825,~~471~~788.3687 0102/11/2005 737000053 N/A 03/11/2020 N 1,~~650~~645,~~996~~534.4254 1,~~645~~640,~~534~~045.5457 0102/11/2005 737000054 N/A 10/11/2008 N ~~787,658.09~~ 785,846.73 01784,026.33 02/11/2005 Totals 1,~~035~~034,~~316~~570,~~189~~245.8835 1,~~034~~033,~~570~~820,~~245~~898.3544

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 02/17/2005 0 $0.00 0 $0.00 0 $0.00 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 05/17/2004 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 02/17/2005 0 $0.00 0 $0.00 0 $0.00 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 05/17/2004 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 02/17/2005 0 $0.00 0 $0.00 5.380936% 5.337320% 102 01/18/2005 0 $0.00 0 $0.00 5.380875% 5.337259% 103 12/17/2004 0 $0.00 0 $0.00 5.380814% 5.337198% 104 11/18/2004 0 $0.00 0 $0.00 5.380756% 5.337139% 105 10/18/2004 0 $0.00 0 $0.00 5.380696% 5.337078% 106 09/17/2004 0 $0.00 0 $0.00 5.380638% 5.337020% 107 08/17/2004 0 $0.00 0 $0.00 5.380578% 5.336959% 108 07/16/2004 0 $0.00 0 $0.00 5.380518% 5.336899% 109 06/17/2004 0 $0.00 0 $0.00 5.380460% 5.336841% 110 05/17/2004 0 $0.00 0 $0.00 5.380401% 5.336781% 111 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

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

Filing Compare · Wachovia Commercial Mort Pass Thr Certs Ser 2004-C11