8-K 1 lubs02c1_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: April 2, 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

101 Hudson Street, Jersey City, New Jersey 07302
(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-C1,Commercial Mortgage Pass-Through
Certificates, Series 2002-C1 which was made on
November 18, 2002.

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

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.01 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 behalf of the Registrant by the undersigned
there unto 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 2002-C1

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-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

NICK XEROS (312) 904-0708

DONELLA AURE 714-238-6744

NICK.XEROS@ABNAMRO.COM

DONELLA.AURE@ABNAMRO.COM

PAGE(S)

ISSUE ID:

LUBS02C1

CLOSING DATE:

4/2/2002

DISCLOSURE STATEMENT - LUBS02C1

PAGE 2

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 3-5

FIRST PAYMENT DATE:

4/17/2002

MONTHLY DATA FILE NAME:

CASH RECONCILIATION SUMMARY

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

3/17/2034

LUBS02C1_200211_3.ZIP

BOND INTEREST RECONCILIATION

PAGE 7

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 8

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 9

DELINQUENT LOAN DETAIL

PAGE 10

HISTORICAL COLLATERAL PREPAYMENT

PAGE 11

LOAN LEVEL DETAIL

PAGE 12-17

MORTGAGE LOAN CHARACTERISTICS

PAGE 18-20

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL

PAGE 21

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS

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: LEHMAN BROTHERS INC./UBS WARBURG

MASTER SERVICER: WACHOVIA BANK, NATIONAL ASSOCIATION

SPECIAL SERVICER: LENNAR PARTNERS, INC.

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

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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 1 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

STATEMENT DATE:

11/18/2002

SERIES 2002-C1

PAYMENT DATE:

11/18/2002

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

DISCLOSURE

UNTIL THIS STATEMENT/REPORT IS FILED WITH THE COMMISSION WITH RESPECT TO THE TRUST PURSUANT TO SECTION 15 (D)

OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, THE RECIPIENT HEREOF SHALL BE DEEMED TO KEEP THE

INFORMATION CONTAINED HEREIN CONFIDENTIAL AND SUCH INFORMATION WILL NOT, WITHOUT THE PRIOR CONSENT OF THE

MASTER SERVICER OR THE TRUSTEE, BE DISCLOSED BY SUCH RECIPIENT OR BY ITS OFFICERS, DIRECTORS, PARTNERS,

EMPLOYEES, AGENTS OR REPRESENTATIVES IN ANY MANNER WHATSOEVER, IN WHOLE OR IN PART.

11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 2 OF 25





	ABN AMRO

	LASALLE BANK		N.A.
*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*

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

										*SERIES 2002-C1*																											PAYMENT DATE:					11/18/2002

WAC:						7.397124%																															PRIOR PAYMENT:						10/18/2002
																																		NEXT PAYMENT:						12/17/2002
WAMM:						195
																																		RECORD DATE:							10/31/2002
										*REMIC III*
										*ABN AMRO ACCT: 67-8970-30-2*


									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						120,000,000.00					112,993,309.94					924,221.89			0.00			0.00				112,069,088.05				508,564.06					0.00			5.40100000%
	52108HJE5													941.610916167			7.701849083			0.000000000			0.000000000				933.909067083					4.238033833				0.000000000					FIXED

	A-2						176,000,000.00					176,000,000.00					0.00			0.00			0.00				176,000,000.00				875,453.33					0.00			5.96900000%
	52108HJF2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.974166648				0.000000000					FIXED

	A-3						242,000,000.00					242,000,000.00					0.00			0.00			0.00				242,000,000.00				1,255,576.67					0.00			6.22600000%
	52108HJH8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.188333347				0.000000000					FIXED

	A-4						457,847,000.00					457,847,000.00					0.00			0.00			0.00				457,847,000.00				2,465,506.10					0.00			6.46200000%
	52108HJJ4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.385000011				0.000000000					FIXED

	B						48,162,000.00					48,162,000.00					0.00			0.00			0.00				48,162,000.00				263,887.63					0.00			6.57500000%
	52108HJK1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.479166770				0.000000000					6.575000000%

	C						18,643,000.00					18,643,000.00					0.00			0.00			0.00				18,643,000.00				103,359.90					0.00			6.65300000%
	52108HJL9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.544166711				0.000000000					6.653000000%

	D						10,875,000.00					10,875,000.00					0.00			0.00			0.00				10,875,000.00				60,564.69					0.00			6.68300000%
	52108HJM7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.569166897				0.000000000					6.683000000%

	E						18,643,000.00					18,643,000.00					0.00			0.00			0.00				18,643,000.00				103,965.80					0.00			6.69200000%
	52108HJN5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.576666845				0.000000000					6.692000000%

	F						24,857,000.00					24,857,000.00					0.00			0.00			0.00				24,857,000.00				139,634.20					0.00			6.74100000%
	52108HJP0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.617500101				0.000000000					6.741000000%

	X-CL						1,242,867,924.00				N	1,235,861,233.94					0.00			0.00			0.00				1,234,937,012.05				363,576.20					0.00			0.35302623%
	52108HJA3/U51394BC4/52108HJB1													994.362482188			0.000000000			0.000000000			0.000000000				993.618861830					0.292530037				0.000000000					0.312684885%

	X-CP						968,836,888.00				N	968,836,888.00					0.00			0.00			0.00				968,836,888.00				716,780.87					0.00			0.88780377%
	52108HJC9/U51394BD2/52108HJD7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					0.739836477				0.000000000					0.633643767%

	G						20,197,000.00					20,197,000.00					0.00			0.00			0.00				20,197,000.00				116,974.29					0.00			6.95000000%
	52108HHC1/U51394BE0/52108HHD9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.791666584				0.000000000					6.950000000%

	H						18,643,000.00					18,643,000.00					0.00			0.00			0.00				18,643,000.00				107,974.04					0.00			6.95000000%
	52108HHE7/U51394BF7/52108HHF4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.791666577				0.000000000					6.950000000%

	J						17,089,000.00					17,089,000.00					0.00			0.00			0.00				17,089,000.00				98,973.79					0.00			6.95000000%
	52108HHG2/U51394BG5/52108HHH0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.791666569				0.000000000					6.950000000%

	K						12,429,000.00					12,429,000.00					0.00			0.00			0.00				12,429,000.00				66,578.01					0.00			6.42800000%
	52108HHJ6/U51394BH3/52108HHK3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356666667				0.000000000					6.428000000%

	L						13,982,000.00					13,982,000.00					0.00			0.00			0.00				13,982,000.00				74,896.91					0.00			6.42800000%
	52108HHL1/U51394BJ9/52108HHM9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356666428				0.000000000					6.428000000%

	M						6,214,000.00					6,214,000.00					0.00			0.00			0.00				6,214,000.00				33,286.33					0.00			6.42800000%
	52108HHN7/U51394BK6/52108HHP2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356667203				0.000000000					6.428000000%

	N						6,215,000.00					6,215,000.00					0.00			0.00			0.00				6,215,000.00				33,291.68					0.00			6.42800000%
	52108HHQ0/52108HHR8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356666130				0.000000000					6.428000000%

	P						6,214,000.00					6,214,000.00					0.00			0.00			0.00				6,214,000.00				33,286.33					0.00			6.42800000%
	52108HHS6/52108HHT4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356667203				0.000000000					6.428000000%

	Q						4,661,000.00					4,661,000.00					0.00			0.00			0.00				4,661,000.00				24,967.42					0.00			6.42800000%
	52108HHU1/52108HHV9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356665952				0.000000000					6.428000000%

	S						3,107,000.00					3,107,000.00					0.00			0.00			0.00				3,107,000.00				16,643.16					0.00			6.42800000%
	52108HHW7/52108HHX5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356665594				0.000000000					6.428000000%

	T						17,089,924.00					17,089,924.00					0.00			0.00			0.00				17,089,924.00				91,545.03					0.00			6.42800000%
	52108HHY3/52108HHZ0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.356666887				0.000000000					6.428000000%

	RIII						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSH438													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	RI						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			0.00000000%
	9ABSH436													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000					N/A

	RII						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSH437													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			1,242,867,924.00								1,235,861,233.94				924,221.89			0.00			0.00				1,234,937,012.05				7,555,286.44					0.00

																										TOTAL P&I PAYMENT				8,479,508.33


	V-CERT			0.00	G	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSH435							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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.																		PAGE 3 OF 25





		ABN AMRO

		LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																									STATEMENT DATE:					11/18/2002
																									PAYMENT DATE:								11/18/2002
					*SERIES 2002-C1*																									PRIOR PAYMENT:							10/18/2002
																									NEXT PAYMENT:								12/17/2002
																									RECORD DATE:								10/31/2002
					*ABN AMRO ACCT: 67-8970-30-2*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY								PRINCIPAL SUMMARY																				SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST		7,578,055.69				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST		0.00				CURRENT SCHEDULED PRINCIPAL							920,759.13										CURRENT SERVICING FEES									60,891.23
				LESS PPIS REDUCING SCHEDULED INT		0.00																					PLUS FEES ADVANCED FOR PPIS									0.00
										ADVANCED SCHEDULED PRINCIPAL							3,462.69										LESS REDUCTION FOR PPIS									0.00
				PLUS GROSS ADVANCE INTEREST		39,872.76				SCHEDULED PRINCIPAL										924,221.82
				LESS ASER INTEREST ADV REDUCTION					0.00																		PLUS DELINQUENT SERVICING FEES									253.75
				LESS OTHER INTEREST NOT ADVANCED		0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT		0.00				CURTAILMENTS							0.07											TOTAL SERVICING FEES									61,144.98
										PREPAYMENTS IN FULL							0.00
				TOTAL		7,617,928.45
				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											0.07
				TOTAL		0.00				REMITTANCE PRINCIPAL							924,221.89

				LESS FEE PAID TO SERVICER		(60,891.23)					REMITTANCE P&I DUE TRUST								8,481,259.11
				LESS FEE STRIPS PAID BY SERVICER		0.00
											REMITTANCE P&I DUE CERTS							8,479,508.31
				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				1,235,861,234.85									147				REDUCED BY PPIE									0.00
				INTEREST DUE SERV ON ADVANCES		0.00				SCHEDULED PRINCIPAL				924,221.82													REDUCED BY SHORTFALLS IN FEES									0.00
				NON RECOVERABLE ADVANCES		0.00				UNSCHEDULED PRINCIPAL				0.07								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		7,557,037.22				ENDING POOL					1,234,937,012.96							147						PPIS DUE CERTIFICATE									0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST																										ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)
																									PRINCIPAL			INTEREST
				TRUSTEE FEE		(1,750.80)
				FEE STRIPS		0.00																							PRIOR OUTSTANDING					0.00							0.00
				MISC. FEES		0.00
				INTEREST RESERVE WITHHOLDING		0.00																							PLUS CURRENT PERIOD					3,462.69					39,872.76
				PLUS INTEREST RESERVE DEPOSIT		0.00																							LESS RECOVERED					0.00						0.00
				TOTAL				(1,750.80)																					LESS NON RECOVERED					0.00						0.00
																									ENDING OUTSTANDING			3,462.69							39,872.76
				TOTAL INTEREST DUE CERTS		7,555,286.42


		11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.																																				PAGE 6 OF 25





	ABN AMRO

	LASALLE BANK		N.A.

					*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*

															*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																																	STATEMENT DATE:					11/18/2002
																																																PAYMENT DATE:					11/18/2002
															*SERIES 2002-C1*
																																																PRIOR PAYMENT:						10/18/2002
																																NEXT PAYMENT:											12/17/2002
																																RECORD DATE:												10/31/2002


															*ABN AMRO ACCT: 67-8970-30-2*
															*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	5.401000000%							508,564.06						0.00					0.00					0.00						0.00			0.00				0.00				0.00					508,564.06			508,564.06		0.00		0.00	19.88%	20.00%
		A-2					30/360		30	5.969000000%							875,453.33						0.00					0.00					0.00						0.00			0.00				0.00				0.00					875,453.33			875,453.33		0.00		0.00	19.88%	20.00%
		A-3					30/360		30	6.226000000%							1,255,576.67						0.00					0.00					0.00						0.00			0.00				0.00				0.00					1,255,576.67			1,255,576.67		0.00		0.00	19.88%	20.00%
		A-4					30/360		30	6.462000000%							2,465,506.10						0.00					0.00					0.00						0.00			0.00				0.00				0.00					2,465,506.10			2,465,506.10		0.00		0.00	19.88%	20.00%
		B					30/360		30	6.575000000%							263,887.63						0.00					0.00					0.00						0.00			0.00				0.00				0.00					263,887.63			263,887.63		0.00		0.00	16.00%	16.10%
		C					30/360		30	6.653000000%							103,359.90						0.00					0.00					0.00						0.00			0.00				0.00				0.00					103,359.90			103,359.90		0.00		0.00	14.50%	14.59%
		D					30/360		30	6.683000000%							60,564.69						0.00					0.00					0.00						0.00			0.00				0.00				0.00					60,564.69			60,564.69		0.00		0.00	13.63%	13.71%
		E					30/360		30	6.692000000%							103,965.80						0.00					0.00					0.00						0.00			0.00				0.00				0.00					103,965.80			103,965.80		0.00		0.00	12.13%	12.20%
		F					30/360		30	6.741000000%							139,634.20						0.00					0.00					0.00						0.00			0.00				0.00				0.00					139,634.20			139,634.20		0.00		0.00	10.13%	10.19%
		X-CL					30/360		30	0.353026231%							363,576.20						0.00					0.00					0.00						0.00			0.00				0.00				0.00					363,576.20			363,576.20		0.00		0.00	10.13%	10.19%
		X-CP					30/360		30	0.887803767%							716,780.87						0.00					0.00					0.00						0.00			0.00				0.00				0.00					716,780.87			716,780.87		0.00		0.00	10.13%	10.19%
		G					30/360		30	6.950000000%							116,974.29						0.00					0.00					0.00						0.00			0.00				0.00				0.00					116,974.29			116,974.29		0.00		0.00	8.50%	8.55%
		H					30/360		30	6.950000000%							107,974.04						0.00					0.00					0.00						0.00			0.00				0.00				0.00					107,974.04			107,974.04		0.00		0.00	7.00%	7.04%
		J					30/360		30	6.950000000%							98,973.79						0.00					0.00					0.00						0.00			0.00				0.00				0.00					98,973.79			98,973.79		0.00		0.00	5.63%	5.66%
		K					30/360		30	6.428000000%							66,578.01						0.00					0.00					0.00						0.00			0.00				0.00				0.00					66,578.01			66,578.01		0.00		0.00	4.63%	4.65%
		L					30/360		30	6.428000000%							74,896.91						0.00					0.00					0.00						0.00			0.00				0.00				0.00					74,896.91			74,896.91		0.00		0.00	3.50%	3.52%
		M					30/360		30	6.428000000%							33,286.33						0.00					0.00					0.00						0.00			0.00				0.00				0.00					33,286.33			33,286.33		0.00		0.00	3.00%	3.02%
		N					30/360		30	6.428000000%							33,291.68						0.00					0.00					0.00						0.00			0.00				0.00				0.00					33,291.68			33,291.68		0.00		0.00	2.50%	2.52%
		P					30/360		30	6.428000000%							33,286.33						0.00					0.00					0.00						0.00			0.00				0.00				0.00					33,286.33			33,286.33		0.00		0.00	2.00%	2.01%
		Q					30/360		30	6.428000000%							24,967.42						0.00					0.00					0.00						0.00			0.00				0.00				0.00					24,967.42			24,967.42		0.00		0.00	1.63%	1.64%
		S					30/360		30	6.428000000%							16,643.16						0.00					0.00					0.00						0.00			0.00				0.00				0.00					16,643.16			16,643.16		0.00		0.00	1.38%	1.38%
		T					30/360		30	6.428000000%							91,545.03						0.00					0.00					0.00						66.71			0.00				0.00				0.00					91,611.74			91,545.03		0.01		66.70	0.00%	0.00%
		V-CERT					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
																7,555,286.44						0.00					0.00						0.00				66.71					0.00			0.00						0.00				7,555,353.15		7,555,286.44			0.01		66.70

	(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 7 OF 25
	11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK		N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*

																																	STATEMENT DATE:							11/18/2002
												*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							11/18/2002
																																											*SERIES 2002-C1*
												PRIOR PAYMENT:									10/18/2002
																																	NEXT PAYMENT:								12/17/2002
																																	RECORD DATE:									10/31/2002

												*ABN AMRO ACCT: 67-8970-30-2*

												*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


					11/18/02		1		629,461						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.68%				0.05%			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%
					10/18/02		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%
					9/17/02		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%
					8/16/02		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%
					7/17/02		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%
					6/17/02		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%
					5/17/02		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%
					4/17/02		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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.																																											PAGE 8 OF 25





	ABN AMRO

	LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															STATEMENT DATE:						11/18/2002
																												PAYMENT DATE:								11/18/2002
											*SERIES 2002-C1*																														PRIOR PAYMENT:					10/18/2002
																												NEXT PAYMENT:										12/17/2002
																												RECORD DATE:											10/31/2002
											*ABN AMRO ACCT: 67-8970-30-2*
											*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
				11/18/02		147			1,234,937,013				0		0				0	0			0	0			0				0			0			0						195		336		7.40%		7.34%
					103.52%					99.36%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				10/18/02		147			1,235,861,235				0		0				0	0			0	0			0				0			0			0						196		337		7.16%		7.10%
					103.52%					99.44%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				9/17/02		147			1,237,015,425				0		0				0	0			0	0			0				0			0			0						197		338		7.40%		7.34%
					103.52%					99.53%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				8/16/02		147			1,237,926,878				0		0				0	0			0	0			0				0			0			0						198		339		7.40%		7.34%
					103.52%					99.60%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				7/17/02		147			1,238,832,732				0		0				0	0			0	0			0				0			0			0						199		340		7.16%		7.10%
					103.52%					99.68%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				6/17/02		147			1,239,969,253				0		0				0	0			0	0			0				0			0			0						200		341		7.40%		7.34%
					103.52%					99.77%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				5/17/02		147			1,240,862,560				0		0				0	0			0	0			0				0			0			0						201		342		7.16%		7.10%
					103.52%					99.84%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/17/02		147			1,241,987,012				0		0				0	0			0	0			0				0			0			0						202		343		7.40%		7.34%
					103.52%					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 9 OF 25
			11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

PRIOR PAYMENT:

10/18/2002

SERIES 2002-C1

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

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

100

10/11/02

17,052.71

0.00

125

10/11/02

10,554.87

0.00

126

10/11/02

10,554.99

0.00

141

9/11/02

5,172.88

0.00

TOTAL

43,335.45

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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 10 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

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 11 OF 25

11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*
															STATEMENT DATE:		11/18/2002
						*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*											PAYMENT DATE:			11/18/2002
						*SERIES 2002-C1*											PRIOR PAYMENT:				10/18/2002
																NEXT PAYMENT:		12/17/2002
																RECORD DATE:			10/31/2002

						*ABN AMRO ACCT: 67-8970-30-2*

						*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)



				3	LUBS02CD		MULTIFAMILY	2/11/12	1.01	3/31/02	NV	40,959,876	6.96000%	273,330
				4	LUBS02CD		OFFICE	10/11/31	0.00		LA	39,629,001	7.25000%	272,871
				5	LUBS02CD		OFFICE	1/11/27	0.00		NY	35,622,026	7.70000%	270,738
				6	LUBS02CD		OFFICE	4/11/17	0.00		CA	31,763,198	7.94000%	309,462
				8	LUBS02CD		OFFICE	3/11/32	0.00		MD	25,200,000	7.33000%	159,061
				9	LUBS02CD		OFFICE	2/11/32	0.00		MD	24,700,000	7.11000%	151,226
				10	LUBS02CD		RETAIL	11/11/31	0.00		NY	21,311,791	7.20000%	145,939
				11	LUBS02CD		LODGING	7/11/06	0.00		TN	20,887,336	7.60000%	158,420
				12	LUBS02CD		OFFICE	3/11/32	0.00		MD	21,000,000	7.33000%	132,551
				13	LUBS02CD		OFFICE	12/11/11	0.00		CA	18,365,499	7.55000%	129,989
				14	LUBS02CD		RETAIL	7/11/11	0.00		CA	17,822,517	7.55000%	126,567
				15	LUBS02CD		RETAIL	2/11/12	0.00		FL	17,648,857	7.88000%	128,761
				16	LUBS02CD		RETAIL	2/11/12	0.00		TX	16,691,500	7.34000%	115,633
				17	LUBS02CD		MULTIFAMILY	11/11/06	0.00		TX	16,453,657	6.35000%	103,478
				18	LUBS02CD		INDUSTRIAL	8/11/08	0.00		TX	16,271,802	7.38000%	117,608
				19	LUBS02CD		OFFICE	3/11/32	0.00		FL	15,025,605	7.56000%	106,202
				1A	LUBS02CA		RETAIL	10/11/31	0.00		CA	164,287,191	6.50000%	1,076,594
				1B	LUBS02CA		RETAIL	10/11/31	0.00		CA	4,382,529	6.00000%	22,643
				20	LUBS02CD		RETAIL	1/1/12	0.00		CA	14,825,080	7.56000%	104,972
				21	LUBS02CD		OFFICE	2/11/12	0.00		NV	14,564,129	7.76000%	105,056
				22	LUBS02CD		SELF STORAGE	1/11/32	0.00			14,515,162	7.82000%	105,354
				23	LUBS02CD		MULTIFAMILY	12/11/11	0.00		NV	12,904,088	7.49000%	90,809
				24	LUBS02CD		MULTIFAMILY	12/11/06	0.00		TX	12,875,260	6.36000%	80,976
				25	LUBS02CD		SELF STORAGE	1/11/32	0.00			12,884,479	7.82000%	93,518
				26	LUBS02CD		OFFICE	11/11/31	0.00		VA	12,592,669	7.35000%	87,499
				27	LUBS02CD		RETAIL	2/11/32	0.00		NC	12,223,064	7.48000%	85,835
				28	LUBS02CD		SELF STORAGE	1/11/32	0.00			11,438,627	7.82000%	83,024
				29	LUBS02CD		SELF STORAGE	1/11/32	0.00			11,344,224	7.82000%	82,339
				2A	LUBS02CB		OFFICE	1/11/12	0.00		CT	51,502,183	6.83700%	385,480
				2B	LUBS02CB		OFFICE	1/11/12	0.00		CT	34,792,087	5.83700%	174,876
				30	LUBS02CD		OFFICE	9/11/26	0.00		NH	10,840,170	7.80000%	83,448
				31	LUBS02CD		MULTIFAMILY	2/11/09	0.00		GA	10,447,313	7.04000%	70,273
				32	LUBS02CD		RETAIL	6/11/11	0.00		CA	10,364,416	7.68000%	74,574
				33	LUBS02CD		OFFICE	2/11/12	0.00		CA	10,235,277	7.46000%	71,737
				34	LUBS02CD		SELF STORAGE	3/11/12	0.00		NY	10,172,569	7.95000%	78,772
				35	LUBS02CD		RETAIL	12/11/06	0.00		CA	9,713,883	6.75000%	63,563
				36	LUBS02CD		OFFICE	11/11/31	0.00		VA	9,717,178	7.35000%	67,519
				37	LUBS02CD		MULTIFAMILY	1/11/07	0.00		IN	9,026,521	6.75000%	59,022
				38	LUBS02CD		MULTIFAMILY	1/11/12	0.00		NV	8,160,002	7.56000%	57,778
				39	LUBS02CD		RETAIL	1/11/12	0.00		FL	7,942,378	7.25000%	54,574
				40	LUBS02CD		RETAIL	1/11/12	0.00		KY	7,847,866	7.62000%	55,889
				41	LUBS02CD		RETAIL	11/11/31	0.00		TX	7,633,222	7.24000%	52,475
				42	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	7,446,191	6.73000%	48,707
				43	LUBS02CD		RETAIL	12/11/06	0.00		CA	7,434,094	6.75000%	48,645
				44	LUBS02CD		MULTIFAMILY	2/11/07	0.00		TX	7,386,739	6.88000%	48,900
				45	LUBS02CD		MULTIFAMILY	12/11/11	0.00		NC	7,339,342	7.05000%	49,481
				46	LUBS02CD		MULTIFAMILY	12/11/11	0.00		CA	7,285,412	6.75000%	47,672
				47	LUBS02CD		MOBILE HOME PARK	11/11/11	1.38	12/31/01	CA	7,157,004	7.05000%	51,544
				48	LUBS02CD		MULTIFAMILY	12/11/06	0.00		WI	7,037,466	6.74000%	46,003
				49	LUBS02CD		RETAIL	1/11/12	0.00		NV	6,921,778	7.00000%	46,405
				50	LUBS02CD		OFFICE	12/11/11	0.00		NJ	6,849,341	7.51000%	48,293
				51	LUBS02CD		INDUSTRIAL	12/11/08	0.00		FL	6,736,760	6.50000%	42,981
				52	LUBS02CD		RETAIL	10/11/11	0.00		FL	6,577,972	7.22000%	45,161
				53	LUBS02CD		RETAIL	2/11/11	0.00		CT	6,399,497	7.33000%	44,695
				54	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	6,154,858	6.73000%	40,260
				55	LUBS02CD		OFFICE	2/11/32	0.00		MD	6,124,104	7.78500%	44,280
				56	LUBS02CD		MULTIFAMILY	10/11/06	1.45	12/31/01	TX	6,033,901	6.58000%	38,878
				57	LUBS02CD		INDUSTRIAL	10/11/06	0.00		TX	6,000,969	7.00000%	43,078
				58	LUBS02CD		OFFICE	2/11/32	0.00		MD	5,825,852	7.78500%	42,124
				59	LUBS02CD		OFFICE	12/11/06	0.00		FL	5,528,438	6.97000%	36,978
				60	LUBS02CD		RETAIL	12/11/11	0.00		GA	5,037,866	7.36000%	37,225
				61	LUBS02CD		MULTIFAMILY	1/11/12	0.00		CA	4,898,125	7.70500%	35,166
				62	LUBS02CD		MULTIFAMILY	12/11/11	0.00		PA	4,861,692	7.25000%	33,427
				63	LUBS02CD		RETAIL	1/11/12	0.00		MN	4,789,174	7.75000%	34,531
				64	LUBS02CD		RETAIL	11/11/11	0.00		NC	4,708,127	7.17000%	32,146
				65	LUBS02CD		MULTIFAMILY	11/11/11	0.00		NY	4,573,131	6.96000%	32,676
				66	LUBS02CD		RETAIL	1/11/09	0.00		VA	4,467,436	7.23000%	30,637
				67	LUBS02CD		MULTIFAMILY	1/11/12	0.00		CA	4,376,519	7.70500%	31,421
				68	LUBS02CD		MULTIFAMILY	12/11/06	0.00		WI	4,301,687	6.73000%	28,091
				69	LUBS02CD		MULTIFAMILY	12/11/11	0.00		FL	4,165,895	7.09000%	28,197
				70	LUBS02CD		OFFICE	12/11/06	0.00		AZ	4,111,978	6.75000%	27,054
				71	LUBS02CD		RETAIL	12/11/11	0.00		CA	3,968,728	7.25000%	27,287
				72	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	3,722,601	6.73000%	24,350
				73	LUBS02CD		RETAIL	11/11/06	0.00		MO	3,694,209	6.80000%	24,317
				74	LUBS02CD		RETAIL	8/11/11	0.00		AZ	3,662,738	7.52000%	25,922
				75	LUBS02CD		RETAIL	11/11/11	0.00		VA	3,648,202	7.12500%	26,446
				76	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	3,577,140	6.73000%	23,399
				77	LUBS02CD		OFFICE	12/11/08	0.00		NY	3,467,741	6.54000%	22,215
				78	LUBS02CD		OFFICE	11/11/11	0.00		MD	3,452,148	7.26000%	25,321
				79	LUBS02CD		RETAIL	12/11/06	0.00		CA	3,419,683	6.75000%	22,377
				7A	LUBS02CC		RETAIL	12/11/29	0.00		CA	5,250,000	7.60250%	34,370
				7B	LUBS02CC			12/11/29	0.00			8,450,000	7.60250%	55,319
				7C	LUBS02CC		RETAIL	12/11/29	0.00		CA	3,600,000	8.00250%	24,808
				7D	LUBS02CC			12/11/29	0.00			12,766,418	8.00250%	87,974
				80	LUBS02CD		OFFICE	11/11/06	0.00		CA	3,366,633	6.70000%	21,939
				81	LUBS02CD		MULTIFAMILY	10/11/11	0.00		NY	3,365,838	6.91000%	22,415
				82	LUBS02CD		OFFICE	2/11/09	0.00		TX	3,328,315	7.33000%	23,035
				83	LUBS02CD		RETAIL	12/11/11	0.00		LA	3,289,084	7.25000%	22,614
				84	LUBS02CD		MULTIFAMILY	8/11/11	0.00		NY	3,166,698	7.38500%	22,123
				85	LUBS02CD		MULTIFAMILY	12/11/06	0.00		CA	3,072,759	6.75000%	20,107
				86	LUBS02CD		RETAIL	2/11/12	0.00		CA	2,980,091	7.22000%	20,404
				87	LUBS02CD		RETAIL	1/11/12	0.00		TX	2,970,019	7.97000%	23,095
				88	LUBS02CD		MULTIFAMILY	12/11/06	0.00		CA	2,973,638	6.75000%	19,458
				89	LUBS02CD		RETAIL	12/11/06	0.00		CA	2,874,516	6.75000%	18,809
				90	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	2,721,127	7.70000%	20,681
				91	LUBS02CD		RETAIL	12/11/08	0.00		CA	2,713,719	6.80000%	17,846
				92	LUBS02CD		RETAIL	11/11/06	0.00		KS	2,675,585	7.06000%	18,072
				93	LUBS02CD		RETAIL	12/11/11	0.00		LA	2,649,126	7.25000%	18,214
				94	LUBS02CD		MULTIFAMILY	12/11/11	0.00		KY	2,580,011	7.32000%	17,860
				95	LUBS02CD		OFFICE	2/11/12	0.00		GA	2,534,413	7.58000%	17,970
				96	LUBS02CD		MOBILE HOME PARK	2/11/12	0.00		OH	2,523,496	7.22000%	18,382
				97	LUBS02CD		OFFICE	7/11/11	0.00		AZ	2,524,033	7.70000%	18,180
				98	LUBS02CD		RETAIL	9/11/08	0.00		HI	2,462,607	7.50000%	22,152
				99	LUBS02CD		OFFICE	2/11/32	0.00		MD	2,495,374	7.78500%	18,043
				100	LUBS02CD		MULTIFAMILY	2/11/12	0.00		SC	2,483,744	7.31000%	17,156								B
				101	LUBS02CD		RETAIL	11/11/11	0.00		CA	2,368,330	7.25000%	16,297
				102	LUBS02CD		RETAIL	1/11/07	0.00		MN	2,330,073	6.53000%	14,900
				103	LUBS02CD		RETAIL	1/11/12	0.00		AL	2,324,297	7.55000%	16,442
				104	LUBS02CD		MOBILE HOME PARK	11/11/11	0.00		TX	2,299,927	7.25000%	15,826
				105	LUBS02CD		MOBILE HOME PARK	12/11/11	0.00		TX	2,281,477	7.12500%	15,496
				106	LUBS02CD		RETAIL	12/11/11	0.00		VA	2,248,029	7.51000%	16,827
				107	LUBS02CD		SELF STORAGE	3/11/12	0.00		CT	2,152,936	7.75000%	16,391
				108	LUBS02CD		RETAIL	1/11/12	0.00		TX	2,108,635	7.95000%	16,369
				109	LUBS02CD		RETAIL	2/11/12	0.00		NC	2,078,956	7.43000%	15,423
				110	LUBS02CD		RETAIL	12/11/11	0.00		AZ	2,083,582	7.25000%	14,326
				111	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	2,068,056	7.70000%	15,718
				112	LUBS02CD		RETAIL	11/11/08	0.00		AZ	2,060,930	7.00000%	13,838
				113	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	2,043,319	7.70000%	15,530
				114	LUBS02CD		MULTIFAMILY	9/11/11	0.00		CA	1,978,452	6.98000%	13,279
				115	LUBS02CD		RETAIL	12/11/11	0.00		GA	1,908,507	6.86000%	12,627
				116	LUBS02CD		SELF STORAGE	1/11/12	0.00		SC	1,880,051	7.70000%	14,289
				117	LUBS02CD		MULTIFAMILY	10/11/11	0.00		DC	1,882,378	7.25000%	12,961
				118	LUBS02CD		INDUSTRIAL	1/11/12	0.00		AZ	1,806,002	7.62000%	12,861
				119	LUBS02CD		MULTIFAMILY	12/11/11	0.00		KY	1,786,162	7.32000%	12,365
				120	LUBS02CD		RETAIL	11/11/11	0.00		AZ	1,783,910	7.11000%	12,109
				121	LUBS02CD		MOBILE HOME PARK	4/11/11	0.00		NY	1,726,492	7.35000%	12,057
				122	LUBS02CD		MOBILE HOME PARK	8/11/11	0.00		MI	1,702,593	7.50000%	12,026
				123	LUBS02CD		RETAIL	12/11/11	0.00		AZ	1,687,149	7.39000%	11,759
				124	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	1,558,464	7.70000%	11,845
				125	LUBS02CD		MULTIFAMILY	11/11/11	0.00		OH	1,488,129	7.62500%	10,617								B
				126	LUBS02CD		MOBILE HOME PARK	8/11/11	0.00		FL	1,485,279	7.62500%	10,617								B
				127	LUBS02CD		RETAIL	9/11/11	0.00		AL	1,386,244	7.37500%	9,669
				128	LUBS02CD		MULTIFAMILY	1/11/12	0.00		CA	1,157,468	7.70500%	8,310
				129	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	1,123,113	6.73000%	7,347


		130		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		1,043,951	6.73000%			6,829
		131		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		1,014,265	6.73000%			6,635
		132		LUBS02CD	OFFICE		2/11/12	0.00		TX		993,774	7.50000%			6,992
		133		LUBS02CD	RETAIL		2/11/12	0.00		NY		972,144	7.50000%			7,959
		134		LUBS02CD	MOBILE HOME PARK		1/11/12	0.00		CO		869,267	7.65000%			6,208
		135		LUBS02CD	MOBILE HOME PARK		12/11/11	0.00		CO		865,528	8.00000%			6,753
		136		LUBS02CD	SELF STORAGE		1/11/12	0.00		NC		811,391	7.70000%			6,167
		137		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		794,590	6.73000%			5,198
		138		LUBS02CD	MOBILE HOME PARK		8/11/11	0.00		NY		792,389	7.75000%			5,731
		139		LUBS02CD	MOBILE HOME PARK		8/11/11	0.00		NY		673,335	7.63000%			4,815
		140		LUBS02CD	MOBILE HOME PARK		8/11/11	0.00		PA		668,973	8.00000%			4,953
		141		LUBS02CD	MULTIFAMILY		3/11/10	0.00		TX		629,461	9.12500%			5,199			1
		142		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		472,994	6.73000%			3,094
											1,234,937,013				8,542,404		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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.																	PAGE 12 OF 25





		ABN AMRO

		LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*
									STATEMENT DATE:					11/18/2002
					*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*								PAYMENT DATE:				11/18/2002
					*SERIES 2002-C1*
													PRIOR PAYMENT:				10/18/2002
													NEXT PAYMENT:				12/17/2002
													RECORD DATE:				10/31/2002
					*ABN AMRO ACCT: 67-8970-30-2*
					*MORTGAGE LOAN CHARACTERISTICS*



	DISTRIBUTION OF PRINCIPAL BALANCES									DISTRIBUTION OF MORTGAGE INTEREST RATES



CURRENT SCHEDULED
BALANCE

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


		0							TO		1,000,000				11				8,543,844							0.69	%			101				7.66	%	0.00
		1,000,000							TO		2,000,000				18				28,398,610							2.30	%			103				7.31	%	0.00
		2,000,000							TO		3,000,000				28				68,610,046							5.56	%			105				7.34	%	0.00
		3,000,000							TO		4,000,000				16				55,802,518							4.52	%			98				7.07	%	0.00
		4,000,000							TO		5,000,000				11				49,636,295							4.02	%			117				7.14	%	0.00
		5,000,000							TO		6,000,000				4				21,642,156							1.75	%			211				7.43	%	0.00
		6,000,000							TO		7,000,000				9				57,799,179							4.68	%			112				7.07	%	0.15
		7,000,000				TO		8,000,000				10				74,509,712							6.03	%			112				7.01	%	0.13
		8,000,000				TO		9,000,000				2				16,610,002							1.35	%			219				7.58	%	0.00
		9,000,000				TO		10,000,000				3				28,457,581							2.30	%			151				6.95	%	0.00
		10,000,000				TO		12,000,000				7				74,842,596							6.06	%			203				7.66	%	0.00
		12,000,000				TO		14,000,000				6				76,245,978							6.17	%			254				7.42	%	0.00
		14,000,000				TO		16,000,000				4				58,929,975							4.77	%			231				7.67	%	0.00
		16,000,000				TO		18,000,000				5				84,888,332							6.87	%			89				7.31	%	0.00
		18,000,000				TO		20,000,000				1				18,365,499							1.49	%			109				7.55	%	0.00
		20,000,000				TO		22,000,000				3				63,199,127							5.12	%			249				7.38	%	0.00
		22,000,000				TO		24,000,000				0				0							0.00	%			0				0.00	%	0.00
		24,000,000				TO		26,000,000				2				49,900,000							4.04	%			352				7.22	%	0.00
		26,000,000				TO		28,000,000				0				0							0.00	%			0				0.00	%	0.00
		28,000,000				&		ABOVE				7				398,555,562							32.27	%			252				6.83	%	0.10
												147					1,234,937,013					100.00		%
			AVERAGE SCHEDULE BALANCE														8,400,932
			MAXIMUM SCHEDULE BALANCE												164,287,191
			MINIMUM SCHEDULE BALANCE												472,994



CURRENT MORTGAGE
INTEREST RATE

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


										0.000%			TO		5.500%				0							0						0.00		%						0	0.00	%	0.00
				5.501%			TO		5.750%				0							0							0.00		%					0		0.00	%		0.00
				5.751%			TO		6.000%				2							39,174,616							3.17		%					137		5.86	%		0.00
				6.001%			TO		6.250%				0							0							0.00		%					0		0.00	%		0.00
			6.251%			TO		6.500%				4							200,352,867							16.22		%					294		6.48	%		0.00
			6.501%			TO		6.750%				24							101,799,688							8.24		%					60		6.72	%		0.09
			6.751%			TO		7.000%				13							138,594,769							11.22		%					99		6.91	%		0.30
			7.001%			TO		7.250%				26							185,375,090							15.01		%					226		7.18	%		0.05
			7.251%			TO		7.500%				25							178,079,977							14.42		%					214		7.38	%		0.00
			7.501%			TO		7.750%				34							218,334,227							17.68		%					162		7.62	%		0.00
			7.751%			TO		8.000%				16							156,229,900							12.65		%					235		7.86	%		0.00
			8.001%			TO		8.250%				2							16,366,418							1.33		%					325		8.00	%		0.00
			8.251%			TO		8.500%				0							0							0.00		%					0		0.00	%		0.00
			8.501%			TO		8.750%				0							0							0.00		%					0		0.00	%		0.00
			8.751%			&		ABOVE				1							629,461							0.05		%					88		9.13	%		0.00
													147					1,234,937,013							100.00			%
			MINIMUM MORTGAGE INTEREST RATE																			5.837%
			MAXIMUM MORTGAGE INTEREST RATE																			9.125%


























											DISTRIBUTION OF REMAINING TERM (BALLOON)



BALLOON
MORTGAGE LOANS

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


			0			TO		12						0			0					0.00				%			0				0.00	%		0.00
			13			TO		24					0			0					0.00				%			0				0.00	%		0.00
			25			TO		36					0			0					0.00				%			0				0.00	%		0.00
			37			TO		60					21			141,199,024					11.43				%			48				6.81	%		0.06
			61			TO		120					100			563,116,105					45.60				%			104				7.20	%		0.09
			121			TO		180					1			31,763,198					2.57				%			173				7.94	%		0.00
			181			TO		240					0			0					0.00				%			0				0.00	%		0.00
			241			&		ABOVE					25			498,858,686					40.40				%			342				7.16	%		0.00






											147							1,234,937,013				100.00			%
		MINIMUM REMAINING TERM													44
		MAXIMUM REMAINING TERM													352







	DISTRIBUTION OF REMAINING TERM (FULLY AMORTIZING)




FULLY AMORTIZING
MORTGAGE LOANS

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


			0		TO		60			0				0							0.00		%					0		0.00			%		0.00
			61		TO		120			0				0							0.00		%					0		0.00			%		0.00
			121		TO		180			0				0							0.00		%					0		0.00			%		0.00
			181		TO		240			0				0							0.00		%					0		0.00			%		0.00
			241		&		ABOVE			0				0							0.00		%					0		0.00			%		0.00
										0				0							0.00		%














	11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.													PAGE 18 OF 25





			ABN AMRO

			LASALLE BANK		N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*
									STATEMENT DATE:				11/18/2002
				*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*							PAYMENT DATE:			11/18/2002
				*SERIES 2002-C1*
											PRIOR PAYMENT:			10/18/2002
											NEXT PAYMENT:			12/17/2002
											RECORD DATE:			10/31/2002
				*ABN AMRO ACCT: 67-8970-30-2*
				*MORTGAGE LOAN CHARACTERISTICS*



		DISTRIBUTION OF DSCR (PFY)							GEOGRAPHIC DISTRIBUTION



DEBT SERVICE
COVERAGE RATIO

# OF
LOANS

SCHEDULED
BALANCE

	% OF
BALANCE


WAMM WAC PFY DSCR


				LESS THAN ZERO								0	0					0.00	%			0		0.00	%	0.00
				0.001 0.750								0	0					0.00	%			0		0.00	%	0.00
				0.751 0.875								0	0					0.00	%			0		0.00	%	0.00
				0.876 1.000								0	0					0.00	%			0		0.00	%	0.00
				1.001 1.125								1	40,959,876					3.32	%			111		6.96	%	1.01
				1.126 1.250								0	0					0.00	%			0		0.00	%	0.00
				1.251 1.375								0	0					0.00	%			0		0.00	%	0.00
				1.376 1.500								2	13,190,904					1.07	%			80		6.84	%	1.41
				1.501 1.625								0	0					0.00	%			0		0.00	%	0.00
				1.626 1.750								0	0					0.00	%			0		0.00	%	0.00
				1.751 1.875								0	0					0.00	%			0		0.00	%	0.00
				1.876 2.000								0	0					0.00	%			0		0.00	%	0.00
				2.001 2.125								0	0					0.00	%			0		0.00	%	0.00
				2.126 2.250								0	0					0.00	%			0		0.00	%	0.00
				2.251 & ABOVE								0	0					0.00	%			0		0.00	%	0.00
				UNKNOWN								144	1,180,786,232					95.62	%			200		7.17	%	0.00
										147			1,234,937,013					100.00	%
			MAXIMUM DSCR			1.450
			MINIMUM DSCR				1.010



GEOGRAPHIC
LOCATION

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR



			CALIFORNIA			27					352,634,761				28.55		%			228		6.97	%		0.03
			TEXAS			15					103,958,656				8.42		%			91		7.00	%		0.08
			CONNECTICUT			4					94,846,702				7.68		%			109		6.52	%		0.00
			FLORIDA			17					90,460,887				7.33		%			133		7.20	%		0.00
			MARYLAND			7					88,797,478				7.19		%			342		7.34	%		0.00
			NEW YORK			11					85,844,153				6.95		%			242		7.47	%		0.00
			NEVEDA			5					83,509,873				6.76		%			111		7.24	%		0.50
			CMBS CERTIFICATE			6					71,398,911				5.78		%			343		7.83	%		0.00
			LOUISIANA			3					45,567,211				3.69		%			316		7.25	%		0.00
			NORTH CAROLINA			9					35,551,846				2.88		%			192		7.40	%		0.00
			VIRGINIA			5					32,673,514				2.65		%			267		7.32	%		0.00
			TENNESSEE			1					20,887,336				1.69		%			44		7.60	%		0.00
			GEORGIA			4					19,928,099				1.61		%			91		7.17	%		0.00
			ARIZONA			8					19,720,323				1.60		%			91		7.26	%		0.00
			KENTUCKY			3					12,214,039				0.99		%			110		7.51	%		0.00
			WISCONSIN			2					11,339,153				0.92		%			49		6.74	%		0.00
			NEW HAMPSHIRE			1					10,840,170				0.88		%			286		7.80	%		0.00
			INDIANA			1					9,026,521				0.73		%			50		6.75	%		0.00
			MINNESOTA			2					7,119,247				0.58		%			90		7.35	%		0.00
			NEW JERSEY			1					6,849,341				0.55		%			109		7.51	%		0.00
			PENNSYLVANIA			2					5,530,665				0.45		%			109		7.34	%		0.00
			SOUTH CAROLINA			2					4,363,795				0.35		%			111		7.48	%		0.00
			OHIO			2					4,011,625				0.32		%			110		7.37	%		0.00
			ALABAMA			2					3,710,541				0.30		%			109		7.48	%		0.00
			MISSOURI			1					3,694,209				0.30		%			48		6.80	%		0.00
			KANSAS			1					2,675,585				0.22		%			48		7.06	%		0.00
			HIWAII			1					2,462,607				0.20		%			70		7.50	%		0.00
			DISTRICT OF COLUMBIA			1					1,882,378				0.15		%			107		7.25	%		0.00
			COLORADO			2					1,734,795				0.14		%			110		7.82	%		0.00
			MICHIGAN			1					1,702,593				0.14		%			105		7.50	%		0.00
























						147					1,234,937,013				100.00		%
























		DISTRIBUTION OF DSCR (CUTOFF)




DEBT SERVICE
COVERAGE RATIO

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


					LESS THAN ZERO					0						0				0.00	%			0		0.00	%	0.00
					0.001 0.750					0						0				0.00	%			0		0.00	%	0.00
					0.751 0.875					0						0				0.00	%			0		0.00	%	0.00
					0.876 1.000					0						0				0.00	%			0		0.00	%	0.00
					1.001 1.125					0						0				0.00	%			0		0.00	%	0.00
					1.126 1.250					11						88,617,846				7.18	%			140		7.56	%	0.00
					1.251 1.375					70						490,766,472				39.74	%			171		7.26	%	0.10
					1.376 1.500					30						168,696,521				13.66	%			105		7.25	%	0.05
					1.501 1.625					15						78,823,743				6.38	%			131		7.32	%	0.00
					1.626 1.750					6						71,920,955				5.82	%			320		7.39	%	0.00
					1.751 1.875					3						24,566,354				1.99	%			342		7.61	%	0.00
					1.876 2.000					3						188,610,297				15.27	%			347		6.67	%	0.00
					2.001 2.125					1						993,774				0.08	%			111		7.50	%	0.00
					2.126 2.250					0						0				0.00	%			0		0.00	%	0.00
					2.251 & ABOVE					3						57,950,015				4.69	%			108		6.84	%	0.00
					UNKNOWN					5						63,991,034				5.18	%			210		6.64	%	0.00
											147					1,234,937,013			100.00		%
				MAXIMUM DSCR		2.500
				MINIMUM DSCR			1.140




























		11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.						PAGE 19 OF 25





		ABN AMRO

		LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1*
									STATEMENT DATE:					11/18/2002
						*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*								PAYMENT DATE:				11/18/2002
						*SERIES 2002-C1*
														PRIOR PAYMENT:				10/18/2002
														NEXT PAYMENT:				12/17/2002
														RECORD DATE:				10/31/2002
						*ABN AMRO ACCT: 67-8970-30-2*
						*MORTGAGE LOAN CHARACTERISTICS*



	DISTRIBUTION OF PROPERTY TYPES											DISTRIBUTION OF LOAN SEASONING


									PROPERTY TYPES
# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


		RETAIL				49				434,229,330							35.16		%					223		7.01	%		0.00
		OFFICE				28				406,151,167							32.89		%					229		7.25	%		0.00
		MULTIFAMILY				30				199,651,362							16.17		%					87		6.97	%		0.25
		SELF STORAGE				12				73,590,405							5.96		%					274		7.82	%		0.00
		INDUSTRIAL				13				56,165,236							4.55		%					69		6.95	%		0.00
		MOBILE HOME PARK				12				23,045,759							1.87		%					107		7.32	%		0.43
		UNDEFINED				2				21,216,418							1.72		%					325		7.84	%		0.00
		LODGING				1				20,887,336							1.69		%					44		7.60	%		0.00














							147			1,234,937,013						100.00			%




NUMBER OF MONTHS

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


			0		TO		12					124				1,099,425,566				89.03		%				201			7.10	%		0.05
			13		TO		24					18				104,815,568				8.49		%				104			7.54	%		0.00
			25		TO		36					5				30,695,879				2.49		%				320			7.85	%		0.00
			37		TO		48					0				0				0.00		%				0			0.00	%		0.00
			49		TO		60				0				0				0.00		%				0			0.00	%		0.00
			61		TO		72				0				0				0.00		%				0			0.00	%		0.00
			73		TO		84				0				0				0.00		%				0			0.00	%		0.00
			85		TO		96				0				0				0.00		%				0			0.00	%		0.00
			97		TO		108				0				0				0.00		%				0			0.00	%		0.00
			109		TO		120				0				0				0.00		%				0			0.00	%		0.00
			121		OR		MORE				0				0				0.00		%				0			0.00	%		0.00








											147					1,234,937,013				100.00		%
























	DISTRIBUTION OF AMORTIZATION TYPE										DISTRIBUTION OF YEAR LOANS MATURING


								AMORTIZATION TYPE
# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


								AMORTIZINGBALLOON						138				1,094,795,979					88.65		%			184				7.18	%	0.05
								IO/AMORTIZING/BALLOON						9				140,141,034					11.35		%			286				6.98	%	0.00


























									147				1,234,937,013			100.00			%




YEAR

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


			2002					0			0				0.00		%			0				0.00	%	0.00
			2003					0			0				0.00		%			0				0.00	%	0.00
			2004					0			0				0.00		%			0				0.00	%	0.00
			2005					0			0				0.00		%			0				0.00	%	0.00
			2006					18			122,455,691				9.92		%			48				6.82	%	0.07
			2007					3			18,743,333				1.52		%			50				6.77	%	0.00
			2008					15			59,063,261				4.78		%			71				6.92	%	0.00
			2009					3			18,243,065				1.48		%			75				7.14	%	0.00
			2010					1			629,461				0.05		%			88				9.13	%	0.00
			2011					45			189,815,267				15.37		%			107				7.33	%	0.05
			2012					36			295,365,051				23.92		%			110				7.17	%	0.14
			2013 & GREATER					26			530,621,884				42.97		%			332				7.21	%	0.00



								147			1,234,937,013			100.00			%


























	11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.														PAGE 20 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 21 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

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

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 22 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

11/14/2002 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 23 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 24 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST 2002-C1

STATEMENT DATE:

11/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

10/18/2002

NEXT PAYMENT:

12/17/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8970-30-2

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 - 11:59 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 25 OF 25

STRUCTURED ASSET SECURITIES CORP LB-UBS COMM MORT TR 2002-C1 8-K