8-K 1 jpmc02c1_200210.htm MONTHLY DISTRIBUTION STATEMENTS 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: August 14, 2002
(Date of earliest event reported)

J.P. Morgan Chase Commercial Mortgage Securities Corp.,
(as depositor under the Pooling and Servicing Agreement, dated
as of August 1, 2002, relating to the J.P. Morgan Chase Commercial
Mortgage Securities Corp., Commercial Mortgage Pass-Through
Certificates, Series 2002-C1)
(Exact name of registrant as specified in charter)

New York 333-85954-02 13-3789046
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)

270 Park Avenue, New York, NY 10167
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code (212)834-9280

(Former name or former address, if changed since last report.)

ITEM 5. OTHER EVENTS

This current report on Form 8-K relates to the monthly
distribution reported to the holders of J.P. Morgan Chase
Commercial Mortgage Securities Corp., Commercial Mortgage
Pass-Through Certificates Series 2002-C1, which was made on
October 15, 2002.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing Agreement
for distribution on October 15, 2002.

Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused
this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN
ITS CAPACITY AS PAYING AGENT UNDER THE
POOLING AND SERVICING AGREEMENT ON
BEHALF OF J.P. MORGAN CHASE COMMERCIAL MORTGAGE
SECURITIES CORP.,
REGISTRANT

By: /s Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President

Date: October 15, 2002

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

AAH KOCHA-CHADDHA (312) 904-0648

YUAN LI 714-238-6741

LAURA.KOCHA.CHADDHA@ABNAMRO.COM

YUAN.LI@ABNAMRO.COM

PAGE(S)

ISSUE ID:

JPMC02C1

CLOSING DATE:

8/14/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-4

CASH RECONCILIATION SUMMARY

PAGE 5

FIRST PAYMENT DATE:

9/12/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

7/12/2037

JPMC02C1_200210_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 7

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 8

HISTORICAL COLLATERAL PREPAYMENT

PAGE 9

DELINQUENT LOAN DETAIL

PAGE 10

LOAN LEVEL DETAIL

PAGE 11-16

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL

PAGE 17

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS

PAGE 18

MODIFIED LOAN DETAIL

PAGE 19

REALIZED LOSS DETAIL

PAGE 20

APPRAISAL REDUCTION DETAIL

PAGE 21

PARTIES TO THE TRANSACTION

DEPOSITOR: J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

UNDERWRITER: ABN AMRO INC./DEUTSCHE BANK SECURITIES INC./J.P. MORGAN CHASE BANK

MASTER SERVICER: WACHOVIA BANK, NATIONAL ASSOCIATION

SPECIAL SERVICER: LENNAR PARTNERS, INC.

RATING AGENCY: STANDARD & POOR'S RATING SERVICES/MOODY'S INVESTORS SERVICE, INC.

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

SERVICER WEB SITE

WWW.WACHOVIA.COM

LASALLE FACTOR LINE

(800) 246-5761

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

PAGE 1 OF 21





	ABN AMRO

	LASALLE BANK		N.A.
*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*

										*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																											STATEMENT DATE:								10/15/2002

										*SERIES 2002-C1*																											PAYMENT DATE:						10/15/2002

WAC:						7.174837%																															PRIOR PAYMENT:							09/12/2002
																																		NEXT PAYMENT:							11/12/2002
WAMM:						115
																																		RECORD DATE:								09/30/2002
										*UPPER-TIER REMIC*
										*ABN AMRO ACCT: 67-9061-20-0*


									ORIGINAL							OPENING		PRINCIPAL			PRINCIPAL			NEGATIVE				CLOSING					INTEREST				INTEREST				PASS-THROUGH
				CLASS				FACE VALUE (1)								BALANCE		PAYMENT			ADJ. OR LOSS			AMORTIZATION				BALANCE					PAYMENT (2)				ADJUSTMENT				RATE

			CUSIP												PER $ 1000				PER $ 1000			PER $ 1000			PER $ 1000				PER $ 1000						PER $ 1000		PER $ 1000		NEXT RATE(3)
	A-1						50,000,000.00					49,402,155.23					743,512.90			0.00			0.00				48,658,642.33				129,433.65					0.00				3.14400000%
	46625MLQ0													988.043104600			14.870258000			0.000000000			0.000000000				973.172846600					2.588673000				0.000000000						FIXED

	A-2						174,000,000.00					174,000,000.00					0.00			0.00			0.00				174,000,000.00				712,530.00					0.00				4.91400000%
	46625MLR8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.095000000				0.000000000						FIXED

	A-3						410,948,000.00					410,948,000.00					0.00			0.00			0.00				410,948,000.00				1,841,047.04					0.00				5.37600000%
	46625MLS6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.480000000				0.000000000						FIXED

	B						30,624,000.00					30,624,000.00					0.00			0.00			0.00				30,624,000.00				140,640.72					0.00				5.51100000%
	46625MLT4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.592500000				0.000000000						FIXED

	C						34,708,000.00					34,708,000.00					0.00			0.00			0.00				34,708,000.00				162,346.67					0.00				5.61300000%
	46625MLU1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.677500000				0.000000000						FIXED

	D						10,208,000.00					10,208,000.00					0.00			0.00			0.00				10,208,000.00				48,164.75					0.00				5.66200000%
	46625MLV9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.718333660				0.000000000						FIXED

	E						24,500,000.00					24,500,000.00					0.00			0.00			0.00				24,500,000.00				125,256.25					0.00				6.13500000%
	46625MMA4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.112500000				0.000000000						FIXED

	F						12,250,000.00					12,250,000.00					0.00			0.00			0.00				12,250,000.00				64,586.35					0.00				6.32682646%
	46625MMC0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.272355102				0.000000000						6.551328850%

	G						16,333,000.00					16,333,000.00					0.00			0.00			0.00				16,333,000.00				78,942.83					0.00				5.80000000%
	46625MME6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333129				0.000000000						FIXED

	H						12,249,000.00					12,249,000.00					0.00			0.00			0.00				12,249,000.00				59,203.50					0.00				5.80000000%
	46625MMG1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333333				0.000000000						FIXED

	J						6,125,000.00					6,125,000.00					0.00			0.00			0.00				6,125,000.00				29,604.17					0.00				5.80000000%
	46625MMJ5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333878				0.000000000						FIXED

	K						4,084,000.00					4,084,000.00					0.00			0.00			0.00				4,084,000.00				19,739.33					0.00				5.80000000%
	46625MML0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833332517				0.000000000						FIXED

	L						8,166,000.00					8,166,000.00					0.00			0.00			0.00				8,166,000.00				39,469.00					0.00				5.80000000%
	46625MMN6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333333				0.000000000						FIXED

	M						4,083,000.00					4,083,000.00					0.00			0.00			0.00				4,083,000.00				19,734.50					0.00				5.80000000%
	46625MMQ9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333333				0.000000000						FIXED

	NR						18,375,032.00					18,375,032.00					0.00			0.00			0.00				18,375,032.00				88,812.65					0.00				5.80000000%
	46625MMS5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.833333079				0.000000000						FIXED

	X-1						816,653,032.00				N	816,055,187.23					0.00			0.00			0.00				815,311,674.33				239,784.39					0.00				0.35260025%
	46625MLW7													999.267932957			0.000000000			0.000000000			0.000000000				998.357493798					0.293618441				0.000000000						0.570423535%

	X-2						731,945,000.00				N	731,945,000.00					0.00			0.00			0.00				731,945,000.00				1,043,873.72					0.00				1.71139698%
	46625MLY3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					1.426164152				0.000000000						1.711396977%

	LR						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				N/A
	9ABSI73402													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	R						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				N/A
	9ABSI73301													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			816,653,032.00								816,055,187.23				743,512.90			0.00			0.00				815,311,674.33				4,843,169.52					0.00

																										TOTAL P&I PAYMENT				5,586,682.42


	NR						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				N/A
	9ABSI85003													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			0.00								0.00				0.00			0.00			0.00				0.00				0.00					0.00

																										TOTAL P&I PAYMENT				0.00


NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.																																						PAGE 2 OF 21





		ABN AMRO

		LASALLE BANK	N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																									STATEMENT DATE:					10/15/2002
																									PAYMENT DATE:								10/15/2002
					*SERIES 2002-C1*																									PRIOR PAYMENT:							09/12/2002
																									NEXT PAYMENT:								11/12/2002
																									RECORD DATE:								09/30/2002
					*ABN AMRO ACCT: 67-9061-20-0*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY								PRINCIPAL SUMMARY																				SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST		4,509,140.44				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST		0.00				CURRENT SCHEDULED PRINCIPAL							682,242.17										CURRENT SERVICING FEES									32,328.09
				LESS PPIS REDUCING SCHEDULED INT		0.00																					PLUS FEES ADVANCED FOR PPIS									0.00
										ADVANCED SCHEDULED PRINCIPAL							61,270.73										LESS REDUCTION FOR PPIS									0.00
				PLUS GROSS ADVANCE INTEREST		367,853.27				SCHEDULED PRINCIPAL										743,512.90
				LESS ASER INTEREST ADV REDUCTION					0.00																		PLUS DELINQUENT SERVICING FEES									2,225.42
				LESS OTHER INTEREST NOT ADVANCED		0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT		0.00				CURTAILMENTS							0.00											TOTAL SERVICING FEES									34,553.51
										PREPAYMENTS IN FULL							0.00
				TOTAL		4,876,993.72
				UNSCHEDULED INTEREST:						LIQUIDATION PROCEEDS							0.00
										REPURCHASE PROCEEDS							0.00
				PREPAYMENT PENALTIES		0.00
				YIELD MAINTENANCE PENALTIES		0.00				OTHER PRINCIPAL PROCEEDS							0.00
				OTHER INTEREST PROCEEDS		0.00				TOTAL UNSCHEDULED PRINCIPAL											0.00
				TOTAL		0.00				REMITTANCE PRINCIPAL							743,512.90

				LESS FEE PAID TO SERVICER		(32,328.09)					REMITTANCE P&I DUE TRUST								5,588,178.53
				LESS FEE STRIPS PAID BY SERVICER		0.00
											REMITTANCE P&I DUE CERTS							5,586,682.42
				LESS FEES & EXPENSES PAID BY/TO SERVICER																											PPIS SUMMARY
				SPECIAL SERVICING FEES			0.00						POOL BALANCE SUMMARY
				WORKOUT FEES		0.00										BALANCE								COUNT			GROSS PPIS									0.00
				LIQUIDATION FEES		0.00
										BEGINNING POOL				816,055,188.18									129				REDUCED BY PPIE									0.00
				INTEREST DUE SERV ON ADVANCES		0.00				SCHEDULED PRINCIPAL				743,512.90													REDUCED BY SHORTFALLS IN FEES									0.00
				NON RECOVERABLE ADVANCES		0.00				UNSCHEDULED PRINCIPAL				0.00								0					REDUCED BY OTHER AMOUNTS									0.00
				MISC. FEES & EXPENSES		0.00				DEFERRED INTEREST				0.00
										LIQUIDATIONS				0.00								0					PPIS REDUCING SCHEDULED INTEREST									0.00
																									PPIS REDUCING SERVICING FEE									0.00
				TOTAL UNSCHEDULED FEES & EXPENSES		0.00				REPURCHASES				0.00								0
				TOTAL INTEREST DUE TRUST		4,844,665.63				ENDING POOL					815,311,675.28							129						PPIS DUE CERTIFICATE									0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST																										ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)
																									PRINCIPAL			INTEREST
				TRUSTEE FEE		(1,496.10)
				FEE STRIPS		0.00																							PRIOR OUTSTANDING					25,329.42							172,495.16
				MISC. FEES		0.00
				INTEREST RESERVE WITHHOLDING		0.00																							PLUS CURRENT PERIOD					61,270.73					367,853.27
				PLUS INTEREST RESERVE DEPOSIT		0.00																							LESS RECOVERED					(25,329.42)						(172,495.16)
				TOTAL				(1,496.10)																					LESS NON RECOVERED					0.00						0.00
																									ENDING OUTSTANDING			61,270.73							367,853.27
				TOTAL INTEREST DUE CERTS		4,843,169.52


		10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.																																				PAGE 5 OF 21





	ABN AMRO

	LASALLE BANK		N.A.

					*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*

															*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																																	STATEMENT DATE:					10/15/2002
																																																PAYMENT DATE:					10/15/2002
															*SERIES 2002-C1*
																																																PRIOR PAYMENT:						09/12/2002
																																NEXT PAYMENT:											11/12/2002
																																RECORD DATE:												09/30/2002


															*ABN AMRO ACCT: 67-9061-20-0*
															*BOND INTEREST RECONCILIATION*


																					DEDUCTIONS																				ADDITIONS
																																REMAINING
															ACCRUAL					PASS						ACCRUED
DEFERRED &

						PRIOR					INT ACCRUAL			PREPAY-				OTHER			DISTRIBUTABLE						INTEREST				CURRENT PERIOD					OUTSTANDING
																																CREDIT SUPPORT
													THRU						CERTIFICATE						ALLOCABLE					ACCRETION					INTEREST			INT. SHORT-					ON PRIOR			MENT						INTEREST				CERTIFICATE			PAYMENT		(SHORTFALL)/	INTEREST
			CLASS			METHOD DAYS								RATE				INTEREST						PPIS					INTEREST					LOSS/EXP						FALLS DUE			SHORTFALL (3)				PENALTIES		PROCEEDS (1)
INTEREST (2)

				AMOUNT				RECOVERY				SHORTFALLS		ORIGINAL					CURRENT(4)

		A-1					30/360		30	3.144000000%							129,433.65						0.00					0.00					0.00						0.00			0.00				0.00				0.00					129,433.65			129,433.65		0.00		0.00	22.25%	22.29%
		A-2					30/360		30	4.914000000%							712,530.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					712,530.00			712,530.00		0.00		0.00	22.25%	22.29%
		A-3					30/360		30	5.376000000%							1,841,047.04						0.00					0.00					0.00						0.00			0.00				0.00				0.00					1,841,047.04			1,841,047.04		0.00		0.00	22.25%	22.29%
		B					30/360		30	5.511000000%							140,640.72						0.00					0.00					0.00						0.00			0.00				0.00				0.00					140,640.72			140,640.72		0.00		0.00	18.50%	18.53%
		C					30/360		30	5.613000000%							162,346.67						0.00					0.00					0.00						0.00			0.00				0.00				0.00					162,346.67			162,346.67		0.00		0.00	14.25%	14.27%
		D					30/360		30	5.662000000%							48,164.75						0.00					0.00					0.00						0.00			0.00				0.00				0.00					48,164.75			48,164.75		0.00		0.00	13.00%	13.02%
		E					30/360		30	6.135000000%							125,256.25						0.00					0.00					0.00						0.00			0.00				0.00				0.00					125,256.25			125,256.25		0.00		0.00	10.00%	10.02%
		F					30/360		30	6.326826457%							64,586.35						0.00					0.00					0.00						0.00			0.00				0.00				0.00					64,586.35			64,586.35		0.00		0.00	8.50%	8.51%
		G					30/360		30	5.800000000%							78,942.83						0.00					0.00					0.00						0.00			0.00				0.00				0.00					78,942.83			78,942.83		0.00		0.00	6.50%	6.51%
		H					30/360		30	5.800000000%							59,203.50						0.00					0.00					0.00						0.00			0.00				0.00				0.00					59,203.50			59,203.50		0.00		0.00	5.00%	5.01%
		J					30/360		30	5.800000000%							29,604.17						0.00					0.00					0.00						0.00			0.00				0.00				0.00					29,604.17			29,604.17		0.00		0.00	4.25%	4.26%
		K					30/360		30	5.800000000%							19,739.33						0.00					0.00					0.00						0.00			0.00				0.00				0.00					19,739.33			19,739.33		0.00		0.00	3.75%	3.76%
		L					30/360		30	5.800000000%							39,469.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					39,469.00			39,469.00		0.00		0.00	2.75%	2.75%
		M					30/360		30	5.800000000%							19,734.50						0.00					0.00					0.00						0.00			0.00				0.00				0.00					19,734.50			19,734.50		0.00		0.00	2.25%	2.25%
		NR					30/360		30	5.800000000%							88,812.65						0.00					0.00					0.00						0.00			0.00				0.00				0.00					88,812.65			88,812.65		0.00		0.00	NA	NA
		X-1					30/360		30	0.352600253%							239,784.39						0.00					0.00					0.00						0.00			0.00				0.00				0.00					239,784.39			239,784.39		0.00		0.00	NA	NA
		X-2					30/360		30	1.711396977%							1,043,873.72						0.00					0.00					0.00						0.00			0.00				0.00				0.00					1,043,873.72			1,043,873.72		0.00		0.00	NA	NA
		NR					30/360		30	0.000000000%							0.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					0.00			0.00		0.00		0.00	NA	NA
																4,843,169.52						0.00					0.00						0.00				0.00					0.00			0.00						0.00				4,843,169.52		4,843,169.52			0.00		0.00

	(1) OTHER INTEREST PROCEEDS ARE ADDITIONAL INTEREST AMOUNTS SPECIFICALLY ALLOCATED TO THE BOND(S) AND USED IN DETERMINING THE BONDS DISTRIBUTABLE INTEREST.
	(2) ACCRUED - DEDUCTIONS + ADDITIONS INTEREST
	(3) WHERE APPLICABLE.
	(4) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
																																PAGE 6 OF 21
	10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK		N.A.
		*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*

																																	STATEMENT DATE:							10/15/2002
												*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							10/15/2002
																																											*SERIES 2002-C1*
												PRIOR PAYMENT:									09/12/2002
																																	NEXT PAYMENT:								11/12/2002
																																	RECORD DATE:									09/30/2002

												*ABN AMRO ACCT: 67-9061-20-0*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*



											DELINQUENCY AGING CATEGORIES																									SPECIAL EVENT CATEGORIES (1)


DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS									SPECIALLY SERVICED						BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					10/15/2002		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
					9/12/2002		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.																																											PAGE 7 OF 21





	ABN AMRO

	LASALLE BANK		N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															STATEMENT DATE:						10/15/2002
																												PAYMENT DATE:								10/15/2002
											*SERIES 2002-C1*																														PRIOR PAYMENT:					09/12/2002
																												NEXT PAYMENT:										11/12/2002
																												RECORD DATE:											09/30/2002
											*ABN AMRO ACCT: 67-9061-20-0*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE			AMORT		COUPON REMIT
				10/15/2002		129			815,311,675				0		0				0	0			0	0			0				0			0			0						115		337		7.17%		7.12%
					100.00%					99.84%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				9/12/2002		129			816,055,188				0		0				0	0			0	0			0				0			0			0						116		338		7.40%		7.35%
					100.00%					99.93%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 8 OF 21
			10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

HISTORICAL COLLATERAL LEVEL PREPAYMENT REPORT

DISCLOSURE

CONTROL #

PAYOFF

PERIOD

INITIAL

BALANCE

TYPE

PAYOFF

AMOUNT

PENALTY

AMOUNT

PREPAYMENT

DATE

MATURITY

DATE

PROPERTY

TYPE

GEOGRAPHIC

LOCATION

CURRENT

CUMULATIVE

PAGE 9 OF 21

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.





	ABN AMRO

	LASALLE BANK	N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*															STATEMENT DATE:	10/15/2002

								*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*										PAYMENT DATE:		10/15/2002
								*SERIES 2002-C1*										PRIOR PAYMENT:			09/12/2002
																		NEXT PAYMENT:				11/12/2002
																		RECORD DATE:					09/30/2002

								*ABN AMRO ACCT: 67-9061-20-0*
							*DELINQUENT LOAN DETAIL*



DISCLOSURE
CONTROL #

PAID
THRU
DATE


CURRENT P&I
ADVANCE

OUTSTANDING
P&I
ADVANCES**

OUT. PROPERTY
PROTECTION
ADVANCES


ADVANCE
DESCRIPTION (1)

SPECIAL
SERVICER
TRANSFER DATE


FORECLOSURE
DATE


BANKRUPTCY
DATE


REO
DATE



				7		9/1/2002			135,163.83		135,163.83	0.00			A
				13		9/1/2002			98,082.98		98,082.98	0.00			A
				55		9/1/2002			30,558.44		30,558.44	0.00			A
				58		9/1/2002			27,212.45		27,212.45	0.00			A
				62		9/1/2002			26,713.50		26,713.50	0.00			B
				88		9/1/2002			19,264.54		19,264.54	0.00			A
				93		9/1/2002			17,747.35		17,747.35	0.00			A
				100		9/1/2002			15,922.81		15,922.81	0.00			A
				102		9/1/2002			14,718.87		14,718.87	0.00			A
				104		9/1/2002			15,605.13		15,605.13	0.00			A
				113		9/1/2002			13,458.39		13,458.39	0.00			A
				114		9/1/2002			9,433.94		9,433.94	0.00			B
				124		9/1/2002			5,241.76		5,241.76	0.00			A
					TOTAL				429,124.00		429,124.00
			A. P&I ADVANCE - LOAN IN GRACE PERIOD							1. P&I ADVANCE - LOAN DELINQ. 1 MONTH				3. P&I ADVANCE - LOAN DELINQUENT 3 + MONTHS			7. P &I ADVANCE (FORECLOSURE)
			B. P&I ADVANCE - LATE PAYMENT BUT<1 MONTH DELINQ.							2. P&I ADVANCE - LOAN DELINQ. 2 MONTHS			4. MATURED BALLOON/ASSUMED SCHED. PAYMENT				9. P&I ADVANCE (REO)

			** OUTSTANDING P&I ADVANCES INCLUDE THE CURRENT PERIOD P&I ADVANCE
		10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.																	PAGE 10 OF 21





		ABN AMRO

		LASALLE BANK	N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION*
																			STATEMENT DATE:			10/15/2002
						*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																PAYMENT DATE:				10/15/2002
						*SERIES 2002-C1*																PRIOR PAYMENT:					09/12/2002
																					NEXT PAYMENT:			11/12/2002
																					RECORD DATE:				09/30/2002

						*ABN AMRO ACCT: 67-9061-20-0*

						*LOAN LEVEL DETAIL*




DISCLOSURE
CONTROL #



GROUP


PROPERTY
TYPE


MATURITY
DATE


PFY
DSCR

OPERATING
STATEMENT
DATE


		GEO. LOCATION

ENDING
PRINCIPAL
BALANCE


NOTE
RATE


SCHEDULED
P&I


PREPAYMENT
AMOUNT


PREPAYMENT
DATE

LOAN
STATUS
CODE (1)



				1			OFFICE		5/1/2012	0.00		PA		47,325,066	6.86000%			311,565
				2			RETAIL		1/1/2012	0.00		MD		42,925,798	7.41000%			299,403
				3			RETAIL		7/1/2007	0.00		NV		28,430,134	6.35000%			177,337
				4			OFFICE		8/1/2012	0.00		WA		25,214,741	7.15000%			170,540
				5			OFFICE		2/1/2012	0.00		KY		24,000,000	7.25000%			145,000
				6			MULTIFAMILY		7/1/2009	0.00		CA		22,100,000	6.81000%			125,418
				7			INDUSTRIAL		7/1/2017	0.00		GA		19,464,118	7.46000%			135,813										A
				8			RETAIL		1/1/2012	0.00		VA		19,388,814	7.87000%			141,321
				9			MULTIFAMILY		6/1/2012	0.00		OR		18,993,917	6.96000%			126,229
				10			RETAIL		8/1/2012	0.00		FL		18,000,000	6.85000%			106,175
				11			OFFICE		7/1/2012	0.00		OH		17,765,137	7.23000%			121,186
				12			INDUSTRIAL		6/1/2012	0.00		CA		16,560,821	7.84000%			119,958
				13			MULTIFAMILY		8/1/2012	0.00		NV		15,574,550	6.50000%			98,603										A
				14			MOBILE HOME PARK		7/1/2012	0.00		CA		14,966,624	6.74000%			97,190
				15			OFFICE		2/1/2012	0.00		TN		13,477,711	7.47800%			94,888
				16			OFFICE		5/1/2012	0.00		OH		13,000,341	7.60000%			92,072
				17			RETAIL		8/1/2012	0.00		CO		11,983,243	7.15000%			81,049
				18			RETAIL		1/1/2012	0.00		MI		11,802,257	7.29000%			95,136
				19			INDUSTRIAL		7/1/2012	0.00		CA		11,278,045	7.26000%			77,163
				20			MULTIFAMILY		7/1/2012	0.00		OH		10,700,000	6.70000%			59,742
				21			INDUSTRIAL		8/1/2012	0.00		MO		10,143,808	6.60000%			64,888
				22			OFFICE		8/1/2012	0.00		CA		9,684,541	6.60000%			61,950
				23			OFFICE		3/1/2012	0.00		TN		9,277,376	7.39000%			64,466
				24			RETAIL		4/1/2012	0.00		FL		9,199,439	7.01000%			61,536
				25			MULTIFAMILY		3/1/2011	0.00		MS		9,172,924	7.45000%			64,774
				26			RETAIL		3/1/2012	0.00		AL		9,006,659	7.21000%			61,492
				27			RETAIL		5/1/2012	0.00		MI		8,963,405	7.10000%			60,483
				28			MULTIFAMILY		6/1/2012	0.00		TN		7,578,688	7.16000%			51,382
				29			MOBILE HOME PARK		8/1/2012	0.00		AZ		7,388,344	6.65000%			47,505
				30			OTHER		5/1/2010	0.00		NC		7,190,109	8.60000%			60,013
				31			RETAIL		3/1/2017	0.00		MD		7,087,297	6.63000%			63,675
				32			SELF STORAGE		7/1/2017	0.00		NY		6,936,101	7.00000%			62,918
				33			MOBILE HOME PARK		6/1/2012	0.00		NV		6,905,197	7.08000%			46,445
				34			RETAIL		12/1/2016	0.00		NY		6,746,008	7.15000%			48,893
				35			OFFICE		4/1/2012	0.00		IL		6,710,550	7.77000%			48,343
				36			RETAIL		5/1/2012	0.00		CA		6,477,003	7.02000%			43,332
				37			MULTIFAMILY		4/1/2012	0.00		MS		6,375,728	7.60000%			45,189
				38			RETAIL		8/1/2017	0.00		CA		6,161,305	7.16000%			56,283
				39			MULTIFAMILY		6/1/2012	0.00		AL		6,083,964	7.42000%			42,318
				40			MULTIFAMILY		8/1/2012	0.00		FL		5,985,496	6.68000%			41,190
				41			OFFICE		5/1/2012	0.00		DE		5,978,664	7.00000%			39,918
				42			MULTIFAMILY		7/1/2012	0.00		MS		5,838,014	7.06000%			39,156
				43			OFFICE		11/1/2011	0.00		MD		5,656,330	7.45000%			39,660
				44			INDUSTRIAL		1/1/2012	0.00		PA		5,448,239	7.78000%			41,651
				45			MOBILE HOME PARK		6/1/2012	0.00		CA		5,135,273	7.08000%			34,540
				46			OFFICE		5/1/2012	0.00		MI		4,983,835	7.37000%			34,517
				47			MULTIFAMILY		5/1/2007	0.00		ND		4,982,886	7.15000%			33,770
				48			RETAIL		7/1/2012	0.00		NV		4,790,268	7.10000%			32,258
				49			RETAIL		6/1/2017	0.00		CA		4,691,221	7.33000%			43,575
				50			RETAIL		8/1/2012	0.00		CO		4,693,437	7.15000%			31,744
				51			MULTIFAMILY		6/1/2007	0.00		FL		4,636,018	6.87200%			30,538
				52			OFFICE		5/1/2012	0.00		CA		4,485,375	7.35000%			31,004
				53			MULTIFAMILY		12/1/2011	0.00		OH		4,346,799	6.90000%			30,818
				54			MULTIFAMILY		8/1/2007	0.00		WA		4,350,000	6.79000%			24,614
				55			MULTIFAMILY		8/1/2012	0.00		NC		4,336,470	6.50000%			30,703										A
				56			RETAIL		2/1/2012	0.00		MD		4,173,564	7.01000%			27,971
				57			INDUSTRIAL		6/1/2010	0.00		CA		4,070,534	8.80000%			32,638
				58			MULTIFAMILY		12/1/2011	0.00		KY		3,997,548	6.50000%			27,346										A
				59			RETAIL		8/1/2012	0.00		GA		3,994,121	6.94000%			26,451
				60			RETAIL		6/1/2017	0.00		CA		3,950,459	7.32000%			36,673
				61			OFFICE		8/1/2012	0.00		CO		3,894,607	7.19000%			26,446
				62			RETAIL		7/1/2012	0.00		NY		3,892,584	7.34000%			26,843										B
				63			INDUSTRIAL		7/1/2011	0.00		CA		3,862,761	7.73000%			27,886
				64			OFFICE		8/1/2012	0.00		CO		3,819,711	7.19000%			25,938
				65			MOBILE HOME PARK		5/1/2012	0.00		MI		3,786,859	7.11000%			25,563
				66			OFFICE		1/1/2012	0.00		CA		3,776,265	7.48000%			26,518
				67			RETAIL		5/1/2012	0.00		CA		3,718,317	7.49000%			26,055
				68			RETAIL		1/1/2012	0.00		OH		3,692,389	7.83000%			30,971
				69			RETAIL		5/1/2022	0.00		MI		3,673,309	7.69000%			30,271
				70			RETAIL		8/1/2012	0.00		CO		3,594,973	7.15000%			24,315
				71			RETAIL		5/1/2012	0.00		GA		3,575,152	7.62000%			25,369
				72			INDUSTRIAL		1/1/2012	0.00		PA		3,516,591	7.78000%			26,884
				73			RETAIL		5/1/2012	0.00		TX		3,431,312	7.35000%			23,718
				74			MULTIFAMILY		4/1/2012	0.00		MS		3,407,030	7.60000%			24,148
				75			RETAIL		8/1/2012	0.00		OR		3,394,581	6.60000%			21,714
				76			MULTIFAMILY		4/1/2012	0.00		KY		3,384,307	6.80000%			22,165
				77			RETAIL		6/1/2006	0.00		AZ		3,333,363	7.52000%			23,610
				78			MULTIFAMILY		7/1/2012	0.00		GA		3,242,787	6.75000%			21,079
				79			RETAIL		1/1/2012	0.00		MA		3,188,640	7.59000%			26,280
				80			MULTIFAMILY		8/1/2012	0.00		NJ		3,194,432	6.22000%			19,641
				81			RETAIL		7/1/2012	0.00		CA		3,193,766	7.25000%			21,830
				82			RETAIL		4/1/2012	0.00		TX		3,038,798	7.72500%			21,798
				83			SELF STORAGE		8/1/2012	0.00		VA		2,992,955	6.84000%			20,898
				84			RETAIL		8/1/2012	0.00		NC		2,995,654	7.00000%			19,959
				85			INDUSTRIAL		6/1/2012	0.00		WA		2,992,407	7.57000%			21,120
				86			OFFICE		5/1/2012	0.00		DE		2,989,941	7.23000%			20,425
				87			OFFICE		2/1/2012	0.00		NY		2,973,041	7.45000%			22,072
				88			RETAIL		8/1/2012	0.00		SC		2,920,711	6.95000%			19,362										A
				89			RETAIL		4/1/2013	0.00		VA		2,852,123	7.01000%			20,374
				90			MULTIFAMILY		8/1/2012	0.00		CA		2,696,230	7.15000%			18,236
				91			RETAIL		4/1/2012	0.00		KS		2,679,187	7.75000%			19,264
				92			MULTIFAMILY		4/1/2012	0.00		MS		2,669,939	7.64000%			18,997
				93			RETAIL		3/1/2012	0.00		VA		2,587,846	7.30500%			17,834										A
				94			OFFICE		3/1/2012	0.00		TX		2,587,580	7.22000%			17,684
				95			MULTIFAMILY		4/1/2012	0.00		GA		2,583,396	7.44000%			19,112
				96			INDUSTRIAL		3/1/2012	0.00		MD		2,538,187	7.34000%			17,551
				97			MULTIFAMILY		4/1/2012	0.00		MI		2,506,960	7.40000%			17,427
				98			OFFICE		4/1/2012	0.00		FL		2,385,043	7.57000%			17,845
				99			INDUSTRIAL		12/1/2011	0.00		FL		2,372,223	7.15000%			17,193
				100			MULTIFAMILY		5/1/2012	0.00		VA		2,312,480	7.36000%			16,000										A
				101			MOBILE HOME PARK		4/1/2012	0.00		NY		2,241,747	7.73000%			16,088
				102			RETAIL		7/1/2012	0.00		NY		2,155,568	7.24000%			14,791										A
				103			RETAIL		1/1/2012	0.00		TX		2,111,232	7.32000%			14,597
				104			OFFICE		4/1/2012	0.00		VA		2,037,980	7.89000%			15,673										A
				105			RETAIL		9/1/2008	0.00		UT		1,883,966	7.10000%			16,408
				106			RETAIL		2/1/2012	0.00		NC		1,839,089	7.31000%			12,696
				107			MULTIFAMILY		3/1/2012	0.00		MS		1,834,833	6.87000%			12,922
				108			RETAIL		12/1/2011	0.00		VA		1,712,444	7.20000%			11,709
				109			RETAIL		11/1/2018	0.00		FL		1,627,299	7.20000%			14,258
				110			MOBILE HOME PARK		7/1/2012	0.00		PA		1,628,735	7.15000%			11,023
				111			INDUSTRIAL		12/1/2011	0.00		AL		1,472,344	7.20000%			11,810
				112			RETAIL		4/1/2022	0.00		TX		1,460,796	8.04000%			12,374
				113			RETAIL		4/1/2017	0.00		TX		1,424,583	7.65000%			13,566										A
				114			MOBILE HOME PARK		7/1/2012	0.00		TX		1,397,273	7.25000%			9,550										B
				115			RETAIL		3/1/2012	0.00		GA		1,390,057	7.63000%			10,465
				116			RETAIL		1/1/2012	0.00		VA		1,351,486	7.47000%			9,481
				117			MULTIFAMILY		6/1/2012	0.00		ME		1,306,368	7.20600%			8,897
				118			MOBILE HOME PARK		6/1/2012	0.00		FL		1,296,173	6.96000%			8,614
				119			MULTIFAMILY		8/1/2012	0.00		FL		1,197,070	6.62500%			8,196
				120			MULTIFAMILY		8/1/2012	0.00		MD		1,147,230	6.70000%			7,909
				121			RETAIL		1/1/2012	0.00		NV		991,067	8.07000%			7,765
				122			MULTIFAMILY		6/1/2012	0.00		IL		796,494	7.25000%			5,782
				123			INDUSTRIAL		8/1/2008	0.00		MI		788,397	7.50000%			6,208
				124			MULTIFAMILY		8/1/2009	0.00		CA		715,759	7.75000%			5,266										A
				125			INDUSTRIAL		10/1/2008	0.00		TX		684,918	7.85000%			5,524
				126			OFFICE		1/1/2009	0.00		WA		655,804	7.50000%			5,800
				127			RETAIL		1/1/2014	0.00		UT		489,919	7.60000%			5,410
				128			INDUSTRIAL		10/1/2018	0.00		NY		435,896	7.45000%			3,892
				129			RETAIL		1/1/2009	0.00		AZ		424,400	7.25000%			3,253
													815,311,675				5,622,732			0


* NOI AND DSCR, IF AVAILABLE AND REPORTABLE UNDER THE TERMS OF THE TRUST AGREEMENT, ARE BASED ON INFORMATION OBTAINED FROM THE RELATED BORROWER, AND NO OTHER PARTY TO THE AGREEMENT SHALL BE HELD LIABLE FOR THE
ACCURACY OR METHODOLOGY USED TO DETERMINE SUCH FIGURES.

				(1) LEGEND:	A. P&I ADV - IN GRACE PERIOD			1. P&I ADV - DELINQUENT 1 MONTH			3. P&I ADV - DELINQUENT 3+ MONTHS					7. FORECLOSURE
					B. P&I ADV -<ONE MONTH DELINQ			2. P&I ADV - DELINQUENT 2 MONTHS			4. MAT. BALLOON/ASSUMED P&I					9. REO
			10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.																				PAGE 11 OF 21

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL (END OF PERIOD)

LOAN

STATUS

CODE(1)

DISCLOSURE

CONTROL #

SERVICING

XFER DATE

BALANCE

NOTE

RATE

MATURITY

DATE

REMAINING

PROPERTY

TYPE

GEO.

LOCATION

NOI

DSCR

NOI

DATE

SCHEDULE

ACTUAL

LIFE

(1) LEGEND:

A. P&I ADV - IN GRACE PERIOD

1. P&I ADV - DELINQUENT 1 MONTH

3. P&I ADV - DELINQUENT 3+ MONTHS

7. FORECLOSURE

B. P&I ADV -<ONE MONTH DELINQ

2. P&I ADV - DELINQUENT 2 MONTHS

4. MAT. BALLOON/ASSUMED P&I

9. REO

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

PAGE 17 OF 21

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS (END OF PERIOD)

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

PAGE 18 OF 21

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

PAGE 19 OF 21

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

REALIZED LOSS DETAIL

BEGINNING

SCHEDULED

BALANCE

GROSS PROCEEDS

AS A % OF

SCHED. BALANCE

AGGREGATE

LIQUIDATION

EXPENSES *

NET

LIQUIDATION

PROCEEDS

NET PROCEEDS

AS A % OF

SCHED. BALANCE

PERIOD

DISCLOSURE

CONTROL #

APPRAISAL

DATE

APPRAISAL

VALUE

GROSS

PROCEEDS

REALIZED

LOSS

CURRENT TOTAL

CUMULATIVE

* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

PAGE 20 OF 21

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORPORATION

STATEMENT DATE:

10/15/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/15/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/12/2002

NEXT PAYMENT:

11/12/2002

RECORD DATE:

09/30/2002

ABN AMRO ACCT: 67-9061-20-0

APPRAISAL REDUCTION DETAIL

DISCLOSURE

CONTROL#

APPRAISAL

RED. DATE

SCHEDULED

BALANCE

ARA

AMOUNT

CURRENT P&I

ADVANCE

ASER

NOTE

RATE

MATURITY

DATE

REMAINING TERM

PROPERTY

TYPE

GEOGRAPHIC

LOCATION

DSCR

APPRAISAL

VALUE DATE

LIFE

10/10/2002 - 11:33 () 2002 LASALLE BANK N.A.

PAGE 21 OF 21

JP MORGAN CHASE COMM MOR SEC CORP MOR PAS THR CE SE 2002-C1 8-K