8-K 1 lubs02c4_200211.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: October 4, 2002
(Date of earliest event reported)

Structured Asset Securities Corporation
(Exact Name of Registrant as Specified in its Charter)

Delaware (State or other jurisdiction of organization)
333-73338 (Commission File No.)
74-2440858 (I.R.S. Employer Identification No.)

745 Seventh Avenue, New York, New York 10019
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code
212 526-7000

(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 holders of LB-UBS Commercial
Mortgage Trust 2002-C4, Commercial Mortgage Pass-Through
Certificates, Series 2002-C4 which was made on
November 18, 2002

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing Agreement
for the distribution on November 18, 2002.

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.

LASALLE BANK NATIONAL ASSOCIATION, IN
ITS CAPACITY AS TRUSTEE UNDER THE POOLING
AND SERVICING AGREEMENT ON BEHALF OF
STRUCTURED ASSET SECURITIES CORPORATION

By:

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

November 18, 2002

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

MICHAEL DOMBAI (312) 904-8847

RACHEL GAXIOLA (714)238-6726

MICHAEL.DOMBAI@ABNAMRO.COM

RACHEL.GAXIOLA@ABNAMRO.COM

PAGE(S)

ISSUE ID:

LUBS02C4

CLOSING DATE:

10/8/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-8

CASH RECONCILIATION SUMMARY

PAGE 9

FIRST PAYMENT DATE:

10/18/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 10

ASSUMED FINAL PAYMENT: DATE:

10/18/2035

LUBS02C4_200211_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 11

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 12

DELINQUENT LOAN DETAIL

PAGE 13

HISTORICAL COLLATERAL PREPAYMENT

PAGE 14

LOAN LEVEL DETAIL

PAGE 15-19

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL

PAGE 20

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS

PAGE 21

HISTORICAL REO REPORT

PAGE 22

MODIFIED LOAN DETAIL

PAGE 23

REALIZED LOSS DETAIL

PAGE 24

APPRAISAL REDUCTION DETAIL

PAGE 25

PARTIES TO THE TRANSACTION

DEPOSITOR: STRUCTURED ASSET SECURITIES CORPORATION

UNDERWRITER: CREDIT SUISSE FIRST BOSTON/LEHMAN BROTHERS INC./SALOMON SMITH BARNEY INC.

MASTER SERVICER: WACHOVIA BANK, NATIONAL ASSOCIATION

SPECIAL SERVICER: LENNAR PARTNERS, INC.

RATING AGENCY: STANDARD & POOR'S RATING SERVICES/FITCH, 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

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

PAGE 1 OF 25





	ABN AMRO

	LASALLE BANK		N.A.
*LB-UBS COMMERCIAL MORTGAGE TRUST*

										*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																											STATEMENT DATE:							11/18/2002

										*SERIES 2002-C4*																											PAYMENT DATE:					11/18/2002

WAC:						6.881888%																															PRIOR PAYMENT:						10/18/2002
																																		NEXT PAYMENT:						12/17/2002
WAMM:						118
																																		RECORD DATE:							10/31/2002
										*REMIC III*
										*ABN AMRO ACCT: 67-9082-70-1*


									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 $ 0				PER $ 0			PER $ 0			PER $ 0				PER $ 0						PER $ 0		PER $ 0	NEXT RATE(3)
	A-1						75,000,000.00					74,323,610.91					740,720.83			0.00			0.00				73,582,890.08				202,407.97					0.00			3.26800000%
	52108HLE2													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000					FIXED

	A-2						90,000,000.00					90,000,000.00					0.00			0.00			0.00				90,000,000.00				301,725.00					0.00			4.02300000%
	52108HLF9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					3.352500000				0.000000000					FIXED

	A-3						150,000,000.00					149,595,783.41					442,661.85			0.00			0.00				149,153,121.56				507,503.70					0.00			4.07100000%
	52108HLG7													997.305222733			2.951079000			0.000000000			0.000000000				994.354143733					3.383358000				0.000000000					FIXED

	A-4						86,000,000.00					86,000,000.00					0.00			0.00			0.00				86,000,000.00				327,015.00					0.00			4.56300000%
	52108HLH5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					3.802500000				0.000000000					FIXED

	A-5						850,504,000.00					850,504,000.00					0.00			0.00			0.00				850,504,000.00				3,439,579.93					0.00			4.85300000%
	52108HMU5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.044166671				0.000000000					FIXED

	B						18,191,000.00					18,191,000.00					0.00			0.00			0.00				18,191,000.00				74,264.76					0.00			4.89900000%
	52108HLJ1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.082500137				0.000000000					4.899000000%

	C						20,009,000.00					20,009,000.00					0.00			0.00			0.00				20,009,000.00				82,337.04					0.00			4.93800000%
	52108HLK8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.115000250				0.000000000					4.938000000%

	D						20,010,000.00					20,010,000.00					0.00			0.00			0.00				20,010,000.00				83,158.23					0.00			4.98700000%
	52108HLL6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.155833583				0.000000000					4.987000000%

	E						12,733,000.00					12,733,000.00					0.00			0.00			0.00				12,733,000.00				53,128.44					0.00			5.00700000%
	52108HLM4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.172499804				0.000000000					5.007000000%

	F						16,372,000.00					16,372,000.00					0.00			0.00			0.00				16,372,000.00				68,707.83					0.00			5.03600000%
	52108HLN2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.196666870				0.000000000					5.036000000%

	G						10,914,000.00					10,914,000.00					0.00			0.00			0.00				10,914,000.00				46,611.88					0.00			5.12500000%
	52108HLP7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.270833791				0.000000000					5.125000000%

	X-CL						1,455,238,297.00				N	1,454,157,691.32					0.00			0.00			0.00				1,452,974,308.64				701,296.58					0.00			0.57872396%
	52108HMN1/U51394CB5													999.257437299			0.000000000			0.000000000			0.000000000				998.444249052					0.481911850				0.000000000					0.527109265%

	X-CP						1,126,054,513.00				N	1,126,054,513.00					0.00			0.00			0.00				1,126,054,513.00				1,590,776.24					0.00			1.69523897%
	52108HMQ4/U51394CC3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					1.412699138				0.000000000					1.475198967%

	X-VF						294,734,809.00				N	294,407,889.00					0.00			0.00			0.00				294,139,486.24				342,249.17					0.00			1.39500000%
	52108HMS0/U51394CD1													998.890799492			0.000000000			0.000000000			0.000000000				997.980140988					1.161210551				0.000000000					FIXED

	H						12,733,000.00					12,733,000.00					0.00			0.00			0.00				12,733,000.00				58,030.65					0.00			5.46900000%
	52108HLQ5/U51394BV2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.557500196				0.000000000					5.469000000%

	J						12,734,000.00					12,734,000.00					0.00			0.00			0.00				12,734,000.00				59,595.12					0.00			5.61600000%
	52108HLS1/U51394BW0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.680000000				0.000000000					5.616000000%

	K						12,733,000.00					12,733,000.00					0.00			0.00			0.00				12,733,000.00				62,752.47					0.00			5.91400000%
	52108HLU6/U51394BX8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.928333464				0.000000000					5.914000000%

	L						20,010,000.00					20,010,000.00					0.00			0.00			0.00				20,010,000.00				80,090.03					0.00			4.80300000%
	52108HLW2/U51394BY6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002500250				0.000000000					FIXED

	M						7,276,000.00					7,276,000.00					0.00			0.00			0.00				7,276,000.00				29,122.19					0.00			4.80300000%
	52108HLY8/U51394BZ3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002500000				0.000000000					FIXED

	N						7,276,000.00					7,276,000.00					0.00			0.00			0.00				7,276,000.00				29,122.19					0.00			4.80300000%
	52108HMA9/U51394CA7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002500000				0.000000000					FIXED

	P						7,276,000.00					7,276,000.00					0.00			0.00			0.00				7,276,000.00				29,122.19					0.00			4.80300000%
	52108HMC5/52108HMD3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002500000				0.000000000					FIXED

	Q						3,638,000.00					3,638,000.00					0.00			0.00			0.00				3,638,000.00				14,561.10					0.00			4.80300000%
	52108HME1/52108HMF8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002501374				0.000000000					FIXED

	S						1,819,000.00					1,819,000.00					0.00			0.00			0.00				1,819,000.00				7,280.55					0.00			4.80300000%
	52108HMG6/52108HMH4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002501374				0.000000000					FIXED

	T						3,638,000.00					3,638,000.00					0.00			0.00			0.00				3,638,000.00				14,561.10					0.00			4.80300000%
	52108HMJ0/52108HMK7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002501374				0.000000000					FIXED

	U						16,372,297.00					16,372,297.00					0.00			0.00			0.00				16,372,297.00				65,530.12					0.00			4.80300000%
	52108HML5/52108HMM3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.002500077				0.000000000					FIXED

	R-III						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSJ103													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			1,455,238,297.00								1,454,157,691.32				1,183,382.68			0.00			0.00				1,452,974,308.64				8,270,529.48					0.00

																										TOTAL P&I PAYMENT				9,453,912.16


	REGINT-LR1			294,734,810.00	294,407,889.00			268,402.76	0.00	0.00		294,139,486.24		1,584,781.31		0.00		6.25116129%
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000			N/A

	R-LR			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		TOTAL	294,734,810.00			294,407,889.00		268,402.76	0.00	0.00		294,139,486.24		1,584,781.31		0.00

											TOTAL P&I PAYMENT		1,853,184.07


	REGINT-LR2			160,000,000.00	160,000,000.00			0.00	0.00	0.00		160,000,000.00		826,688.89		0.00		6.00016129%
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000			N/A

	R-LR			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		TOTAL	160,000,000.00			160,000,000.00		0.00	0.00	0.00		160,000,000.00		826,688.89		0.00

											TOTAL P&I PAYMENT		826,688.89


	REGINT-LR3			92,636,000.00	92,636,000.00			285,524.78	0.00	0.00		92,350,475.22		502,862.30		0.00		6.30391129%
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000			N/A

	R-LR			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		TOTAL	92,636,000.00			92,636,000.00		285,524.78	0.00	0.00		92,350,475.22		502,862.30		0.00

											TOTAL P&I PAYMENT		788,387.08


	REGINT-LR4			77,835,338.00	77,769,815.33			50,888.26	0.00	0.00		77,718,927.07		462,093.12		0.00		6.90016129%
							0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000			N/A

	R-LR			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSJ100						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		TOTAL	77,835,338.00			77,769,815.33		50,888.26	0.00	0.00		77,718,927.07		462,093.12		0.00

											TOTAL P&I PAYMENT		512,981.38


	V			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSJ099						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
11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.																	PAGE 2 OF 25





		ABN AMRO

		LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																									STATEMENT DATE:					11/18/2002
																									PAYMENT DATE:								11/18/2002
					*SERIES 2002-C4*																									PRIOR PAYMENT:							10/18/2002
																									NEXT PAYMENT:								12/17/2002
																									RECORD DATE:								10/31/2002
					*ABN AMRO ACCT: 67-9082-70-1*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY								PRINCIPAL SUMMARY																				SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST		6,450,410.17				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST		0.00				CURRENT SCHEDULED PRINCIPAL							1,055,404.21										CURRENT SERVICING FEES									52,194.54
				LESS PPIS REDUCING SCHEDULED INT		0.00																					PLUS FEES ADVANCED FOR PPIS									0.00
										ADVANCED SCHEDULED PRINCIPAL							127,978.47										LESS REDUCTION FOR PPIS									0.00
				PLUS GROSS ADVANCE INTEREST		1,874,131.50				SCHEDULED PRINCIPAL										1,183,382.68
				LESS ASER INTEREST ADV REDUCTION					0.00																		PLUS DELINQUENT SERVICING FEES									14,917.49
				LESS OTHER INTEREST NOT ADVANCED		0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT		0.00				CURTAILMENTS							0.00											TOTAL SERVICING FEES									67,112.03
										PREPAYMENTS IN FULL							0.00
				TOTAL		8,324,541.67
				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							1,183,382.68

				LESS FEE PAID TO SERVICER		(52,194.54)					REMITTANCE P&I DUE TRUST								9,455,729.81
				LESS FEE STRIPS PAID BY SERVICER		0.00
											REMITTANCE P&I DUE CERTS							9,453,912.11
				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				1,454,157,692.13									114				REDUCED BY PPIE									0.00
				INTEREST DUE SERV ON ADVANCES		0.00				SCHEDULED PRINCIPAL				1,183,382.68													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		8,272,347.13				ENDING POOL					1,452,974,309.45							114						PPIS DUE CERTIFICATE									0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST																										ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)
																									PRINCIPAL			INTEREST
				TRUSTEE FEE		(1,817.70)
				FEE STRIPS		0.00																							PRIOR OUTSTANDING					0.00							0.00
				MISC. FEES		0.00
				INTEREST RESERVE WITHHOLDING		0.00																							PLUS CURRENT PERIOD					127,978.47					1,874,131.50
				PLUS INTEREST RESERVE DEPOSIT		0.00																							LESS RECOVERED					0.00						0.00
				TOTAL				(1,817.70)																					LESS NON RECOVERED					0.00						0.00
																									ENDING OUTSTANDING			127,978.47							1,874,131.50
				TOTAL INTEREST DUE CERTS		8,270,529.43


		11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.																																				PAGE 9 OF 25





	ABN AMRO

	LASALLE BANK		N.A.

					*LB-UBS COMMERCIAL MORTGAGE TRUST*

															*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																																	STATEMENT DATE:					11/18/2002
																																																PAYMENT DATE:					11/18/2002
															*SERIES 2002-C4*
																																																PRIOR PAYMENT:						10/18/2002
																																NEXT PAYMENT:											12/17/2002
																																RECORD DATE:												10/31/2002


															*ABN AMRO ACCT: 67-9082-70-1*
															*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	3.268000000%							202,407.97						0.00					0.00					0.00						0.00			0.00				0.00				0.00					202,407.97			202,407.97		0.00		0.00	94.85%	94.94%
		A-2					30/360		30	4.023000000%							301,725.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					301,725.00			301,725.00		0.00		0.00	88.66%	88.74%
		A-3					30/360		30	4.071000000%							507,503.70						0.00					0.00					0.00						0.00			0.00				0.00				0.00					507,503.70			507,503.70		0.00		0.00	78.35%	78.48%
		A-4					30/360		30	4.563000000%							327,015.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					327,015.00			327,015.00		0.00		0.00	72.44%	72.56%
		A-5					30/360		30	4.853000000%							3,439,579.93						0.00					0.00					0.00						0.00			0.00				0.00				0.00					3,439,579.93			3,439,579.93		0.00		0.00	14.00%	14.02%
		B					30/360		30	4.899000000%							74,264.76						0.00					0.00					0.00						0.00			0.00				0.00				0.00					74,264.76			74,264.76		0.00		0.00	12.75%	12.77%
		C					30/360		30	4.938000000%							82,337.04						0.00					0.00					0.00						0.00			0.00				0.00				0.00					82,337.04			82,337.04		0.00		0.00	11.38%	11.39%
		D					30/360		30	4.987000000%							83,158.23						0.00					0.00					0.00						0.00			0.00				0.00				0.00					83,158.23			83,158.23		0.00		0.00	10.00%	10.02%
		E					30/360		30	5.007000000%							53,128.44						0.00					0.00					0.00						0.00			0.00				0.00				0.00					53,128.44			53,128.44		0.00		0.00	9.13%	9.14%
		F					30/360		30	5.036000000%							68,707.83						0.00					0.00					0.00						0.00			0.00				0.00				0.00					68,707.83			68,707.83		0.00		0.00	8.00%	8.01%
		G					30/360		30	5.125000000%							46,611.88						0.00					0.00					0.00						0.00			0.00				0.00				0.00					46,611.88			46,611.88		0.00		0.00	7.25%	7.26%
		X-CL					30/360		30	0.578723957%							701,296.58						0.00					0.00					0.00						0.00			0.00				0.00				0.00					701,296.58			701,296.58		0.00		0.00	7.25%	7.26%
		X-CP					30/360		30	1.695238967%							1,590,776.24						0.00					0.00					0.00						0.00			0.00				0.00				0.00					1,590,776.24			1,590,776.24		0.00		0.00	7.25%	7.26%
		X-VF					30/360		30	1.395000000%							342,249.17						0.00					0.00					0.00						0.00			0.00				0.00				0.00					342,249.17			342,249.17		0.00		0.00	7.25%	7.26%
		H					30/360		30	5.469000000%							58,030.65						0.00					0.00					0.00						0.00			0.00				0.00				0.00					58,030.65			58,030.65		0.00		0.00	6.38%	6.38%
		J					30/360		30	5.616000000%							59,595.12						0.00					0.00					0.00						0.00			0.00				0.00				0.00					59,595.12			59,595.12		0.00		0.00	5.50%	5.51%
		K					30/360		30	5.914000000%							62,752.47						0.00					0.00					0.00						0.00			0.00				0.00				0.00					62,752.47			62,752.47		0.00		0.00	4.63%	4.63%
		L					30/360		30	4.803000000%							80,090.03						0.00					0.00					0.00						0.00			0.00				0.00				0.00					80,090.03			80,090.03		0.00		0.00	3.25%	3.26%
		M					30/360		30	4.803000000%							29,122.19						0.00					0.00					0.00						0.00			0.00				0.00				0.00					29,122.19			29,122.19		0.00		0.00	2.75%	2.75%
		N					30/360		30	4.803000000%							29,122.19						0.00					0.00					0.00						0.00			0.00				0.00				0.00					29,122.19			29,122.19		0.00		0.00	2.25%	2.25%
		P					30/360		30	4.803000000%							29,122.19						0.00					0.00					0.00						0.00			0.00				0.00				0.00					29,122.19			29,122.19		0.00		0.00	1.75%	1.75%
		Q					30/360		30	4.803000000%							14,561.10						0.00					0.00					0.00						0.00			0.00				0.00				0.00					14,561.10			14,561.10		0.00		0.00	1.50%	1.50%
		S					30/360		30	4.803000000%							7,280.55						0.00					0.00					0.00						0.00			0.00				0.00				0.00					7,280.55			7,280.55		0.00		0.00	1.38%	1.38%
		T					30/360		30	4.803000000%							14,561.10						0.00					0.00					0.00						0.00			0.00				0.00				0.00					14,561.10			14,561.10		0.00		0.00	1.13%	1.13%
		U					30/360		30	4.803000000%							65,530.12						0.00					0.00					0.00						0.00			0.00				0.00				0.00					65,530.12			65,530.12		0.00		0.00	0.00%	0.00%
		V					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
																8,270,529.48						0.00					0.00						0.00				0.00					0.00			0.00						0.00				8,270,529.48		8,270,529.48			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 10 OF 25
	11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK		N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST*

																																	STATEMENT DATE:							11/18/2002
												*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							11/18/2002
																																											*SERIES 2002-C4*
												PRIOR PAYMENT:									10/18/2002
																																	NEXT PAYMENT:								12/17/2002
																																	RECORD DATE:									10/31/2002

												*ABN AMRO ACCT: 67-9082-70-1*

												*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


					11/18/2002		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%
					10/18/2002		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
				11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.																																											PAGE 11 OF 25





	ABN AMRO

	LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															STATEMENT DATE:						11/18/2002
																												PAYMENT DATE:								11/18/2002
											*SERIES 2002-C4*																														PRIOR PAYMENT:					10/18/2002
																												NEXT PAYMENT:										12/17/2002
																												RECORD DATE:											10/31/2002
											*ABN AMRO ACCT: 67-9082-70-1*
											*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
				11/18/2002		114			1,452,974,309				0		0				0	0			0	0			0				0			0			0						118		338		6.88%		6.83%
					100.00%					99.84%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				10/18/2002		114			1,454,157,692				0		0				0	0			0	0			0				0			0			0						119		339		6.66%		6.60%
					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 12 OF 25
			11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.





	ABN AMRO

	LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
																STATEMENT DATE:	11/18/2002
								*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*											PAYMENT DATE:		11/18/2002
																			PRIOR PAYMENT:			10/18/2002
								*SERIES 2002-C4*
																			NEXT PAYMENT:				12/17/2002
																			RECORD DATE:					10/31/2002

								*ABN AMRO ACCT: 67-9082-70-1*
							*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



				2		10/11/2002			826,888.89		826,888.89	0.00			B
				5		10/11/2002			423,393.80		423,393.80	0.00			B
				10		10/11/2002			126,976.60		126,976.60	0.00			B
				11		10/11/2002			143,945.02		143,945.02	0.00			B
				13		10/11/2002			114,506.63		114,506.63	0.00			B
				22		10/11/2002			74,279.42		74,279.42	0.00			B
				24		10/11/2002			63,100.42		63,100.42	0.00			B
				29		10/11/2002			55,958.45		55,958.45	0.00			B
				34		10/11/2002			49,343.20		49,343.20	0.00			B
				57		10/10/2002			45,403.64		45,403.64	0.00			B
				72		10/11/2002			27,649.29		27,649.29	0.00			B
				88		10/11/2002			18,202.81		18,202.81	0.00			A
				99		10/10/2002			16,445.41		16,445.41	0.00			B
				103		10/10/2002			16,016.40		16,016.40	0.00			B
					TOTAL				2,002,109.97		2,002,109.97
			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

		11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.																		PAGE 13 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

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 14 OF 25

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
																				STATEMENT DATE:			11/18/2002
							*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																PAYMENT DATE:				11/18/2002
							*SERIES 2002-C4*																PRIOR PAYMENT:					10/18/2002
																						NEXT PAYMENT:			12/17/2002
																						RECORD DATE:				10/31/2002

							*ABN AMRO ACCT: 67-9082-70-1*

							*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		LUBS2C4A		RETAIL		7/11/2012	0.00		CA		294,139,486	6.30100%			1,865,819
				2		LUBS2C4B		OFFICE		9/11/2012	0.00		NY		160,000,000	6.05000%			833,556										B
				3		LUBS2C4C		OFFICE		12/11/2020	0.00		NY		92,350,475	6.35375%			792,363
				4		LUBS2C4D		RETAIL		6/11/2012	0.00		NJ		77,718,927	6.95000%			516,319
				5		LUBS2C4E		RETAIL		9/11/2012	0.00		NY		65,598,857	6.75000%			426,129										B
				6		LUBS2C4E		OFFICE		7/11/2012	0.00		VA		58,330,008	6.75000%			379,430
				7		LUBS2C4E		RETAIL		7/11/2012	0.00		CA		33,658,479	7.01000%			224,766
				8		LUBS2C4E		RETAIL		9/11/2012	0.00		VA		23,462,696	6.62000%			150,395
				9		LUBS2C4E		RETAIL		7/11/2012	0.00		FL		22,941,277	7.23000%			156,589
				10		LUBS2C4E		OFFICE		9/11/2012	0.00		CT		22,750,000	6.53000%			127,925										B
				11		LUBS2C4E		RETAIL		7/11/2012	0.00		DE		21,691,020	7.01000%			144,849										B
				12		LUBS2C4E		RETAIL		7/11/2012	0.00		GA		18,952,161	7.28000%			130,000
				13		LUBS2C4E		OFFICE		9/11/2012	0.00		NY		17,971,460	6.62500%			115,256										B
				14		LUBS2C4E		MULTIFAMILY		10/11/2012	0.00		NV		15,377,563	6.98000%			102,250
				15		LUBS2C4E		OFFICE		9/11/2012	0.00		NY		14,978,791	7.50000%			104,868
				16		LUBS2C4E		MULTIFAMILY		6/11/2007	0.00		CA		14,350,000	6.65000%			82,174
				17		LUBS2C4E		RETAIL		8/11/2012	0.00		MD		13,669,577	6.75000%			88,858
				18		LUBS2C4E		OFFICE		8/11/2012	0.00		NY		13,569,799	6.75000%			88,209
				19		LUBS2C4E		INDUSTRIAL		8/11/2009	0.00		NC		13,367,930	6.45000%			84,257
				20		LUBS2C4E		RETAIL		6/11/2012	0.00		MD		12,656,939	7.19000%			86,120
				21		LUBS2C4E		RETAIL		6/11/2012	0.00		CA		11,961,270	7.38000%			82,922
				22		LUBS2C4E		MULTIFAMILY		7/11/2009	0.00		NV		11,516,262	6.73000%			74,760										B
				23		LUBS2C4E		RETAIL		8/11/2012	0.00		GA		11,225,017	6.75000%			72,967
				24		LUBS2C4E		OTHER		6/11/2007	0.00		CA		11,100,000	6.65000%			63,563										B
				25		LUBS2C4E		RETAIL		7/11/2009	0.00		NV		10,961,936	8.15000%			85,996
				26		LUBS2C4E		RETAIL		7/11/2012	0.00		RI		10,772,426	7.23000%			73,529
				27		LUBS2C4E		MULTIFAMILY		10/11/2007	0.00		WI		9,968,785	5.60000%			59,340
				28		LUBS2C4E		INDUSTRIAL		7/11/2012	0.00		TX		8,975,330	6.97000%			59,696
				29		LUBS2C4E		LODGING		9/11/2007	0.00		IL		8,676,481	6.05000%			56,320										B
				30		LUBS2C4E		RETAIL		8/11/2012	0.00		FL		8,472,471	7.15000%			60,892
				31		LUBS2C4E		RETAIL		6/11/2012	0.00		CA		8,322,838	7.35000%			57,529
				32		LUBS2C4E		OFFICE		8/11/2007	0.00		CA		8,080,375	6.40000%			50,666
				33		LUBS2C4E		RETAIL		8/11/2012	0.00		OH		7,982,369	6.78000%			52,047
				34		LUBS2C4E		LODGING		10/11/2009	0.00		SC		7,590,768	6.25000%			50,135										B
				35		LUBS2C4E		OFFICE		7/11/2012	0.00		NJ		7,579,889	7.10000%			51,074
				36		LUBS2C4E		RETAIL		9/11/2012	0.00		TX		7,493,446	6.75000%			48,677
				37		LUBS2C4E		INDUSTRIAL		9/11/2012	0.00		MD		7,481,763	6.65000%			51,346
				38		LUBS2C4E		RETAIL		7/11/2009	0.00		TX		7,476,754	6.50000%			47,405
				39		LUBS2C4E		RETAIL		8/11/2012	0.00		NY		7,036,776	7.27000%			54,791
				40		LUBS2C4E		OFFICE		8/11/2012	0.00		AL		6,984,258	6.70000%			45,169
				41		LUBS2C4E		MULTIFAMILY		6/11/2012	0.00		TN		6,976,204	7.18000%			47,420
				42		LUBS2C4E		RETAIL		9/11/2012	0.00		VA		6,888,918	6.57000%			43,931
				43		LUBS2C4E		OFFICE		7/11/2012	0.00		NV		6,781,359	7.07000%			45,557
				44		LUBS2C4E		OFFICE		9/11/2012	0.00		AZ		6,583,515	6.50000%			44,564
				45		LUBS2C4E		MULTIFAMILY		6/11/2007	0.00		CA		6,550,000	5.90000%			33,278
				46		LUBS2C4E		RETAIL		7/11/2009	0.00		MN		6,477,507	8.15000%			50,816
				47		LUBS2C4E		OFFICE		6/11/2012	0.00		CA		6,353,162	7.15000%			43,057
				48		LUBS2C4E		RETAIL		7/11/2012	0.00		CA		6,332,406	6.93000%			41,949
				49		LUBS2C4E		OFFICE		10/11/2012	0.00		AZ		6,295,442	6.50000%			39,820
				50		LUBS2C4E		OFFICE		8/11/2009	0.00		GA		6,086,454	6.75000%			39,564
				51		LUBS2C4E		RETAIL		9/11/2012	0.00		NY		5,991,613	7.15000%			40,524
				52		LUBS2C4E		MULTIFAMILY		9/11/2007	0.00		CT		5,987,904	6.50000%			39,071
				53		LUBS2C4E		MULTIFAMILY		3/11/2012	0.00		TX		5,727,880	8.04000%			42,352
				54		LUBS2C4E		RETAIL		5/11/2012	0.00		TX		5,579,573	7.53000%			39,271
				55		LUBS2C4E		OFFICE		6/11/2012	0.00		CA		5,506,933	7.33000%			37,991
				56		LUBS2C4E		OFFICE		7/11/2012	0.00		NY		5,474,085	6.64000%			37,619
				57		LUBS2C4E		OTHER		10/10/2019	0.00		CA		5,394,453	7.07000%			45,629										B
				58		LUBS2C4E		RETAIL		8/11/2012	0.00		GA		5,288,051	6.69000%			34,165
				59		LUBS2C4E		RETAIL		9/11/2012	0.00		OR		4,913,123	7.15000%			33,230
				60		LUBS2C4E		INDUSTRIAL		7/11/2012	0.00		DE		4,487,665	6.97000%			29,848
				61		LUBS2C4E		RETAIL		7/11/2009	0.00		MO		4,484,428	8.15000%			35,180
				62		LUBS2C4E		MULTIFAMILY		7/11/2007	0.00		FL		4,307,447	6.75000%			28,019
				63		LUBS2C4E		MOBILE HOME PARK		8/11/2009	0.00		OH		3,991,117	6.75000%			25,944
				64		LUBS2C4E		OFFICE		7/11/2012	0.00		NY		3,989,241	7.04000%			26,720
				65		LUBS2C4E		RETAIL		6/11/2007	0.00		FL		3,835,528	6.78000%			25,048
				66		LUBS2C4E		MULTIFAMILY		7/11/2012	0.00		TN		3,813,943	6.77000%			24,860
				67		LUBS2C4E		RETAIL		8/11/2012	0.00		NY		3,792,086	7.00000%			25,281
				68		LUBS2C4E		MULTIFAMILY		8/11/2014	0.00		NY		3,778,006	6.50000%			28,332
				69		LUBS2C4E		RETAIL		5/11/2012	0.00		IL		3,786,405	7.60000%			26,831
				70		LUBS2C4E		INDUSTRIAL		10/11/2012	0.00		KS		3,781,139	7.09000%			26,969
				71		LUBS2C4E		RETAIL		9/11/2012	0.00		FL		3,743,516	6.25000%			23,089
				72		LUBS2C4E		RETAIL		5/11/2012	0.00		CO		3,678,570	7.76000%			27,971										B
				73		LUBS2C4E		RETAIL		6/11/2012	0.00		LA		3,631,742	7.64000%			27,306
				74		LUBS2C4E		MULTIFAMILY		9/11/2012	0.00		CT		3,551,876	7.00000%			25,161
				75		LUBS2C4E		RETAIL		7/11/2012	0.00		OR		3,541,603	7.50000%			24,822
				76		LUBS2C4E		RETAIL		8/11/2012	0.00		GA		3,392,919	7.00000%			22,620
				77		LUBS2C4E		MULTIFAMILY		6/11/2007	0.00		CA		3,337,032	6.66000%			21,528
				78		LUBS2C4E		MULTIFAMILY		5/11/2012	0.00		MD		3,287,493	7.39000%			22,826
				79		LUBS2C4E		RETAIL		9/11/2012	0.00		GA		2,994,999	6.41000%			18,785
				80		LUBS2C4E		RETAIL		8/11/2012	0.00		NY		2,994,292	7.34000%			20,649
				81		LUBS2C4E		MULTIFAMILY		7/11/2012	0.00		FL		2,978,157	6.88000%			23,043
				82		LUBS2C4E		RETAIL		7/11/2007	0.00		WV		2,954,717	7.49000%			20,851
				83		LUBS2C4E		RETAIL		7/11/2012	0.00		NV		2,942,129	7.07000%			19,765
				84		LUBS2C4E		MULTIFAMILY		6/11/2012	0.00		CA		2,940,579	7.42000%			20,465
				85		LUBS2C4E		RETAIL		9/11/2012	0.00		OK		2,895,667	6.87500%			19,051
				86		LUBS2C4E		RETAIL		6/11/2012	0.00		IL		2,890,492	7.32000%			19,921
				87		LUBS2C4E		RETAIL		7/11/2007	0.00		FL		2,623,116	7.49000%			18,511
				88		LUBS2C4E		MULTIFAMILY		5/11/2011	0.00		TX		2,616,912	7.38000%			18,312										A
				89		LUBS2C4E		RETAIL		9/11/2009	0.00		CA		2,571,036	6.75000%			16,701
				90		LUBS2C4E		RETAIL		9/11/2009	0.00		OR		2,545,788	6.45000%			16,034
				91		LUBS2C4E		MULTIFAMILY		9/11/2009	0.00		SC		2,546,167	6.85000%			16,709
				92		LUBS2C4E		RETAIL		5/11/2012	0.00		UT		2,540,953	7.63000%			18,058
				93		LUBS2C4E		INDUSTRIAL		7/11/2012	0.00		TX		2,469,527	7.73000%			17,697
				94		LUBS2C4E		INDUSTRIAL		8/11/2012	0.00		DC		2,391,701	6.81000%			16,673
				95		LUBS2C4E		RETAIL		6/11/2012	0.00		CA		2,392,416	7.46000%			16,715
				96		LUBS2C4E		OFFICE		9/11/2012	0.00		CO		2,296,543	6.85000%			15,071
				97		LUBS2C4E		RETAIL		8/11/2012	0.00		GA		2,246,201	7.77000%			16,150
				98		LUBS2C4E		RETAIL		8/11/2012	0.00		NY		2,146,084	7.50000%			15,033
				99		LUBS2C4E		OTHER		10/10/2019	0.00		OH		1,953,896	7.07000%			16,527										B
				100		LUBS2C4E		RETAIL		9/11/2012	0.00		NY		1,947,903	6.62000%			12,486
				101		LUBS2C4E		INDUSTRIAL		7/11/2012	0.00		TX		1,927,283	7.48000%			14,274
				102		LUBS2C4E		OTHER		10/10/2019	0.00		MD		1,911,420	7.07000%			16,168
				103		LUBS2C4E		OTHER		10/10/2019	0.00		PA		1,902,925	7.07000%			16,096										B
				104		LUBS2C4E		RETAIL		12/11/2011	0.00		FL		1,783,781	6.64000%			11,543
				105		LUBS2C4E		RETAIL		8/11/2012	0.00		GA		1,696,369	7.00000%			11,340
				106		LUBS2C4E		RETAIL		9/11/2007	0.00		TX		1,647,338	6.55000%			10,483
				107		LUBS2C4E		MULTIFAMILY		9/11/2007	0.00		CT		1,596,774	6.50000%			10,419
				108		LUBS2C4E		MULTIFAMILY		7/11/2007	0.00		TX		1,495,171	6.35000%			9,334
				109		LUBS2C4E		RETAIL		6/11/2012	0.00		NC		1,495,310	7.50000%			10,488
				110		LUBS2C4E		MULTIFAMILY		3/11/2012	0.00		TX		1,433,152	7.69000%			10,257
				111		LUBS2C4E		MULTIFAMILY		6/11/2012	0.00		CA		1,295,558	7.16000%			8,789
				112		LUBS2C4E		MOBILE HOME PARK		7/11/2012	0.00		NY		1,196,953	7.25000%			8,186
				113		LUBS2C4E		RETAIL		3/11/2012	0.00		GA		1,064,700	7.54000%			7,511
				114		LUBS2C4E		MULTIFAMILY		7/11/2011	0.00		FL		1,053,302	7.75000%			7,623
														1,452,974,309				9,522,842			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
			11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.																					PAGE 15 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

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

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

PAGE 20 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

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

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

PAGE 21 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

STATEMENT DATE:

11/18/2002

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

HISTORICAL COLLATERAL LEVEL REO REPORT

RECENT

APPRAISAL

VALUE

APPRAISAL

REDUCTION

AMOUNT

DISCLOSURE

CONTROL #

REO

DATE

CITY

STATE

PROPERTY

TYPE

ACTUAL

BALANCE

SCHEDULED

BALANCE

DATE

LIQUIDATED

LIQUIDATION

PROCEEDS

LIQUIDATION

EXPENSES

REALIZED

LOSS

PAGE 22 OF 25

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

PAGE 23 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

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..

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

PAGE 24 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C4

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-9082-70-1

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

11/14/2002 - 13:28 (J060 - J103) 2002 LASALLE BANK N.A.

PAGE 25 OF 25

STRUCTURED ASSET SEC CORP LB UBS COMM MORT TR 2002-C4 8-K