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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

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_200210_3.ZIP

BOND INTEREST RECONCILIATION

PAGE 7

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

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 1 OF 25

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:

1011/18/2002

SERIES 2002-C1

PAYMENT DATE:

1011/18/2002

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

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.

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 2 OF 25

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:								1011/18/2002
										SERIES 2002-C1																										PAYMENT DATE:					1011/18/2002
WAC:						7.~~158525~~397124%																														PRIOR PAYMENT:						0910/1718/2002
																																				NEXT PAYMENT:							1112/1817/2002
WAMM:						~~196~~195
																																				RECORD DATE:								0910/3031/2002
										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					~~114~~112,~~147~~993,~~500~~309.2494					1924,~~154,190~~221.3089			0.00			0.00				112,~~993~~069,~~309~~088.9405				~~513~~508,~~758~~564.8706				0.00			5.40100000%
	52108HJE5													~~951~~941.~~229168667~~610916167			97.~~618252500~~701849083			0.000000000			0.000000000				~~941~~933.~~610916167~~909067083					4.~~281323917~~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,~~237~~235,~~015~~861,~~424~~233.2494					0.00			0.00			0.00				1,~~235~~234,~~861~~937,~~233~~012.9405				~~312~~363,~~192~~576.3320				0.00			0.~~30285055~~35302623%
	52108HJA3/U51394BC4/52108HJB1													~~995~~994.~~291132994~~362482188			0.000000000			0.000000000			0.000000000				~~994~~993.~~362482188~~618861830					0.~~251187052~~292530037			0.000000000					0.~~540097029~~312684885%
	X-CP						968,836,888.00				N	968,836,888.00					0.00			0.00			0.00				968,836,888.00				~~524~~716,~~151~~780.87				0.00			0.~~64921377~~88780377%
	52108HJC9/U51394BD2/52108HJD7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					0.~~541011471~~739836477			0.000000000					0.~~649173767~~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,~~237~~235,~~015~~861,~~424~~233.2494				1924,~~154,190~~221.3089			0.00			0.00				1,~~235~~234,~~861~~937,~~233~~012.9405				7,~~316~~555,~~468~~286.3844				0.00
																										TOTAL P&I PAYMENT				8,~~470~~479,~~658~~508.6833

	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
10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.																		PAGE 3 OF 25
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:

1011/18/2002

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

ABN AMRO ACCT: 67-8970-30-2

CASH RECONCILIATION SUMMARY

INTEREST SUMMARY

PRINCIPAL SUMMARY

SERVICING FEE SUMMARY

CURRENT SCHEDULED INTEREST

7,~~379~~578,~~338~~055.6369

SCHEDULED PRINCIPAL:

LESS DEFERRED INTEREST

0.00

CURRENT SCHEDULED PRINCIPAL

1920,~~154,190~~759.3313

CURRENT SERVICING FEES

6160,~~117~~891.8123

LESS PPIS REDUCING SCHEDULED INT

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

03,462.0069

LESS REDUCTION FOR PPIS

0.00

PLUS GROSS ADVANCE INTEREST

039,872.0076

SCHEDULED PRINCIPAL

1924,~~154,190~~221.3382

LESS ASER INTEREST ADV REDUCTION

0.00

PLUS DELINQUENT SERVICING FEES

0253.0075

LESS OTHER INTEREST NOT ADVANCED

0.00

UNSCHEDULED PRINCIPAL:

LESS OTHER ADJUSTMENT

0.00

CURTAILMENTS

(0.~~03)~~07

TOTAL SERVICING FEES

61,~~117~~144.8198

PREPAYMENTS IN FULL

0.00

TOTAL

7,~~379~~617,~~338~~928.6345

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.~~03)~~07

TOTAL

0.00

REMITTANCE PRINCIPAL

1924,~~154,190~~221.3089

LESS FEE PAID TO SERVICER

(6160,~~117~~891.8123)

REMITTANCE P&I DUE TRUST

8,~~472~~481,~~411~~259.1211

LESS FEE STRIPS PAID BY SERVICER

0.00

REMITTANCE P&I DUE CERTS

8,~~470~~479,~~658~~508.6831

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,~~237~~235,~~015~~861,~~425~~234.1585

147

REDUCED BY PPIE

0.00

INTEREST DUE SERV ON ADVANCES

0.00

SCHEDULED PRINCIPAL

1924,~~154,190~~221.3382

REDUCED BY SHORTFALLS IN FEES

0.00

NON RECOVERABLE ADVANCES

0.00

UNSCHEDULED PRINCIPAL

(0.~~03)~~07

REDUCED BY OTHER AMOUNTS

0.00

MISC. FEES & EXPENSES

0.00

DEFERRED INTEREST

0.00

LIQUIDATIONS

0.00

PPIS REDUCING SCHEDULED INTEREST

0.00

PPIS REDUCING SERVICING FEE

0.00

TOTAL UNSCHEDULED FEES & EXPENSES

0.00

REPURCHASES

0.00

TOTAL INTEREST DUE TRUST

7,~~318~~557,~~220~~037.8222

ENDING POOL

1,~~235~~234,~~861~~937,~~234~~012.8596

147

PPIS DUE CERTIFICATE

0.00

LESS FEES & EXPENSES PAID BY/TO TRUST

ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)

PRINCIPAL

INTEREST

TRUSTEE FEE

(1,~~752~~750.4480)

FEE STRIPS

0.00

PRIOR OUTSTANDING

0.00

MISC. FEES

0.00

INTEREST RESERVE WITHHOLDING

0.00

PLUS CURRENT PERIOD

03,462.0069

039,872.0076

PLUS INTEREST RESERVE DEPOSIT

0.00

LESS RECOVERED

0.00

TOTAL

(1,~~752~~750.4480)

LESS NON RECOVERED

0.00

ENDING OUTSTANDING

03,462.0069

039,872.0076

TOTAL INTEREST DUE CERTS

7,~~316~~555,~~468~~286.3842

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 6 OF 25

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:				1011/18/2002
																																																													PAYMENT DATE:				1011/18/2002
																	SERIES 2002-C1
																																																													PRIOR PAYMENT:					0910/1718/2002
																																																										NEXT PAYMENT:									1112/1817/2002
																																																										RECORD DATE:										0910/3031/2002
																	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%								~~513~~508,~~758~~564.8706						0.00				0.00				0.00						0.00			0.00			0.00			0.00			~~513~~508,~~758~~564.8706			~~513~~508,~~758~~564.8706		0.00				0.00				19.88%					1920.9900%
		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%					1920.9900%
		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%					1920.9900%
		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%					1920.9900%
		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%					16.0910%
		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%					14.5859%
		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%					13.7071%
		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%					12.1920%
		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%					10.1819%
		X-CL					30/360			30	0.~~302850545~~353026231%								~~312~~363,~~192~~576.3320						0.00				0.00				0.00						0.00			0.00			0.00			0.00			~~312~~363,~~192~~576.3320			~~312~~363,~~192~~576.3320		0.00				0.00				10.13%					10.1819%
		X-CP					30/360			30	0.~~649213767~~887803767%								~~524~~716,~~151~~780.87						0.00				0.00				0.00						0.00			0.00			0.00			0.00			~~524~~716,~~151~~780.87			~~524~~716,~~151~~780.87		0.00				0.00				10.13%					10.1819%
		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%					2.5152%
		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%					1.6364%
		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						66.7271			0.00			0.00			0.00			91,611.7574			91,545.03		0.01				66.7170				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
																		7,316,468.38						0.00				0.00					0.00				66.72					0.00		0.00					0.00		7,316,535.10		7,316,468.38			0.01				66.71
																		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
	10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.
	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:					1011/18/2002
												COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES																															PAYMENT DATE:					1011/18/2002
																																											SERIES 2002-C1
												PRIOR PAYMENT:									0910/1718/2002
																																											NEXT PAYMENT:						1112/1817/2002
																																											RECORD DATE:							0910/3031/2002
												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
				10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.																																								PAGE 8 OF 25
				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:				1011/18/2002
																																										PAYMENT DATE:				1011/18/2002
											SERIES 2002-C1																															PRIOR PAYMENT:					0910/1718/2002
																																										NEXT PAYMENT:						1112/1817/2002
																																										RECORD DATE:							0910/3031/2002
											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
			10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.
			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:~~

~~10/18/2002~~

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

10/18/2002

STATEMENT DATE:

11/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/18/2002

NEXT PAYMENT:

11/18/2002

PRIOR PAYMENT:

10/18/2002

RECORD DATE:

09/30/2002

SERIES 2002-C1

ABN AMRO ACCT: 67-8970-30-2

NEXT PAYMENT:

12/17/2002

DELINQUENT LOAN DETAIL

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

TOTAL

100

10/11/02

17,052.71

0.00

A. P&I ADVANCE - LOAN IN GRACE PERIOD

1. P&I ADVANCE - LOAN DELINQ. 1 MONTH

3. P&I ADVANCE - LOAN DELINQUENT 3 + MONTHS

7. P &I ADVANCE (FORECLOSURE)

125

10/11/02

10,554.87

0.00

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)

126

10/11/02

10,554.99

0.00

** OUTSTANDING P&I ADVANCES INCLUDE THE CURRENT PERIOD P&I ADVANCE

141

9/11/02

5,172.88

0.00

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 10 OF 25

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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

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

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

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:	1011/18/2002
						COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES										PAYMENT DATE:	1011/18/2002
						SERIES 2002-C1										PRIOR PAYMENT:		0910/1718/2002
																NEXT PAYMENT:			1112/1817/2002
																RECORD DATE:				0910/3031/2002
						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	01.0001	3/31/02	NV	40,~~987~~959,~~554~~876	6.96000%	273,330
				4	LUBS02CD		OFFICE	10/11/31	0.00		LA	39,~~654~~629,~~308~~001	7.25000%	272,871
				5	LUBS02CD		OFFICE	1/11/27	0.00		NY	35,~~656~~622,~~342~~026	7.70000%	270,738
				6	LUBS02CD		OFFICE	4/11/17	0.00		CA	31,~~854~~763,~~862~~198	7.94000%	309,462
				8	LUBS02CD		OFFICE	3/11/32	0.00		MD	25,200,000	7.33000%	~~153~~159,~~930~~061
				9	LUBS02CD		OFFICE	2/11/32	0.00		MD	24,700,000	7.11000%	~~146~~151,~~348~~226
				10	LUBS02CD		RETAIL	11/11/31	0.00		NY	21,~~325~~311,~~512~~791	7.20000%	145,939
				11	LUBS02CD		LODGING	7/11/06	0.00		TN	20,~~908~~887,~~919~~336	7.60000%	158,420
				12	LUBS02CD		OFFICE	3/11/32	0.00		MD	21,000,000	7.33000%	~~128~~132,~~275~~551
				13	LUBS02CD		OFFICE	12/11/11	0.00		CA	18,~~376~~365,~~018~~499	7.55000%	129,989
				14	LUBS02CD		RETAIL	7/11/11	0.00		CA	17,~~833~~822,~~143~~517	7.55000%	126,567
				15	LUBS02CD		RETAIL	2/11/12	0.00		FL	17,~~657~~648,~~800~~857	7.88000%	128,761
				16	LUBS02CD		RETAIL	2/11/12	0.00		TX	16,~~701~~691,~~570~~500	7.34000%	115,633
				17	LUBS02CD		MULTIFAMILY	11/11/06	0.00		TX	16,~~467~~453,~~091~~657	6.35000%	103,478
				18	LUBS02CD		INDUSTRIAL	8/11/08	0.00		TX	16,~~285~~271,~~913~~802	7.38000%	117,608
				19	LUBS02CD		OFFICE	3/11/32	0.00		FL	15,~~033~~025,~~937~~605	7.56000%	106,202
				1A	LUBS02CA		RETAIL	10/11/31	0.00		CA	164,~~443~~287,~~359~~191	6.50000%	1,~~082~~076,~~644~~594
				1B	LUBS02CA		RETAIL	10/11/31	0.00		CA	4,382,529	6.00000%	2122,~~913~~643
				20	LUBS02CD		RETAIL	1/1/12	0.00		CA	14,~~833~~825,~~486~~080	7.56000%	104,972
				21	LUBS02CD		OFFICE	2/11/12	0.00		NV	14,~~571~~564,~~812~~129	7.76000%	105,056
				22	LUBS02CD		SELF STORAGE	1/11/32	0.00			14,~~522~~515,~~721~~162	7.82000%	105,354
				23	LUBS02CD		MULTIFAMILY	12/11/11	0.00		NV	12,~~911~~904,~~621~~088	7.49000%	90,809
				24	LUBS02CD		MULTIFAMILY	12/11/06	0.00		TX	12,~~885~~875,~~665~~260	6.36000%	80,976
				25	LUBS02CD		SELF STORAGE	1/11/32	0.00			12,~~891~~884,~~189~~479	7.82000%	93,518
				26	LUBS02CD		OFFICE	11/11/31	0.00		VA	12,~~600~~592,~~418~~669	7.35000%	87,499
				27	LUBS02CD		RETAIL	2/11/32	0.00		NC	12,~~230~~223,~~123~~064	7.48000%	85,835
				28	LUBS02CD		SELF STORAGE	1/11/32	0.00			11,~~444~~438,~~584~~627	7.82000%	83,024
				29	LUBS02CD		SELF STORAGE	1/11/32	0.00			11,~~350~~344,~~132~~224	7.82000%	82,339
				2A	LUBS02CB		OFFICE	1/11/12	0.00		CT	51,~~583~~502,~~966~~183	6.83700%	~~397~~385,~~743~~480
				2B	LUBS02CB		OFFICE	1/11/12	0.00		CT	34,792,087	5.83700%	~~169~~174,~~235~~876
				30	LUBS02CD		OFFICE	9/11/26	0.00		NH	10,~~850~~840,~~737~~170	7.80000%	83,448
				31	LUBS02CD		MULTIFAMILY	2/11/09	0.00		GA	10,~~454~~447,~~210~~313	7.04000%	70,273
				32	LUBS02CD		RETAIL	6/11/11	0.00		CA	10,~~370~~364,~~406~~416	7.68000%	74,574
				33	LUBS02CD		OFFICE	2/11/12	0.00		CA	10,~~241~~235,~~226~~277	7.46000%	71,737
				34	LUBS02CD		SELF STORAGE	3/11/12	0.00		NY	10,~~181~~172,~~639~~569	7.95000%	78,772
				35	LUBS02CD		RETAIL	12/11/06	0.00		CA	9,~~720~~713,~~942~~883	6.75000%	63,563
				36	LUBS02CD		OFFICE	11/11/31	0.00		VA	9,~~723~~717,~~157~~178	7.35000%	67,519
				37	LUBS02CD		MULTIFAMILY	1/11/07	0.00		IN	9,~~033~~026,~~039~~521	6.75000%	59,022
				38	LUBS02CD		MULTIFAMILY	1/11/12	0.00		NV	8,~~164~~160,~~629~~002	7.56000%	57,778
				39	LUBS02CD		RETAIL	1/11/12	0.00		FL	7,~~947~~942,~~336~~378	7.25000%	54,574
				40	LUBS02CD		RETAIL	1/11/12	0.00		KY	7,~~852~~847,~~230~~866	7.62000%	55,889
				41	LUBS02CD		RETAIL	11/11/31	0.00		TX	7,~~638~~633,~~078~~222	7.24000%	52,475
				42	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	7,~~451~~446,~~713~~191	6.73000%	48,707
				43	LUBS02CD		RETAIL	12/11/06	0.00		CA	7,~~439~~434,~~497~~094	6.75000%	48,645
				44	LUBS02CD		MULTIFAMILY	2/11/07	0.00		TX	7,~~391~~386,~~847~~739	6.88000%	48,900
				45	LUBS02CD		MULTIFAMILY	12/11/11	0.00		NC	7,~~344~~339,~~237~~342	7.05000%	49,481
				46	LUBS02CD		MULTIFAMILY	12/11/11	0.00		CA	7,~~290~~285,~~707~~412	6.75000%	47,672
				47	LUBS02CD		MOBILE HOME PARK	11/11/11	1.38	12/31/01	CA	7,~~165~~157,~~050~~004	7.05000%	51,544
				48	LUBS02CD		MULTIFAMILY	12/11/06	0.00		WI	7,~~042~~037,~~595~~466	6.74000%	46,003
				49	LUBS02CD		RETAIL	1/11/12	0.00		NV	6,~~926~~921,~~432~~778	7.00000%	46,405
				50	LUBS02CD		OFFICE	12/11/11	0.00		NJ	6,~~853~~849,~~314~~341	7.51000%	48,293
				51	LUBS02CD		INDUSTRIAL	12/11/08	0.00		FL	6,~~742~~736,~~004~~760	6.50000%	42,981
				52	LUBS02CD		RETAIL	10/11/11	0.00		FL	6,~~582~~577,~~210~~972	7.22000%	45,161
				53	LUBS02CD		RETAIL	2/11/11	0.00		CT	6,~~403~~399,~~771~~497	7.33000%	44,695
				54	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	6,~~159~~154,~~423~~858	6.73000%	40,260
				55	LUBS02CD		OFFICE	2/11/32	0.00		MD	6,~~127~~124,~~308~~104	7.78500%	44,280
				56	LUBS02CD		MULTIFAMILY	10/11/06	1.45	12/31/01	TX	6,~~038~~033,~~563~~901	6.58000%	38,878
				57	LUBS02CD		INDUSTRIAL	10/11/06	0.00		TX	6,~~007~~000,~~834~~969	7.00000%	43,078
				58	LUBS02CD		OFFICE	2/11/32	0.00		MD	5,~~828~~825,~~900~~852	7.78500%	42,124
				59	LUBS02CD		OFFICE	12/11/06	0.00		FL	5,~~532~~528,~~212~~438	6.97000%	36,978
				60	LUBS02CD		RETAIL	12/11/11	0.00		GA	5,~~043~~037,~~129~~866	7.36000%	37,225
				61	LUBS02CD		MULTIFAMILY	1/11/12	0.00		CA	4,~~900~~898,~~775~~125	7.70500%	35,166
				62	LUBS02CD		MULTIFAMILY	12/11/11	0.00		PA	4,~~864~~861,~~748~~692	7.25000%	33,427
				63	LUBS02CD		RETAIL	1/11/12	0.00		MN	4,~~791~~789,~~727~~174	7.75000%	34,531
				64	LUBS02CD		RETAIL	11/11/11	0.00		NC	4,~~711~~708,~~186~~127	7.17000%	32,146
				65	LUBS02CD		MULTIFAMILY	11/11/11	0.00		NY	4,~~578~~573,~~368~~131	6.96000%	32,676
				66	LUBS02CD		RETAIL	1/11/09	0.00		VA	4,~~470~~467,~~242~~436	7.23000%	30,637
				67	LUBS02CD		MULTIFAMILY	1/11/12	0.00		CA	4,~~378~~376,~~887~~519	7.70500%	31,421
				68	LUBS02CD		MULTIFAMILY	12/11/06	0.00		WI	4,~~304~~301,~~831~~687	6.73000%	28,091
				69	LUBS02CD		MULTIFAMILY	12/11/11	0.00		FL	4,~~168~~165,~~641~~895	7.09000%	28,197
				70	LUBS02CD		OFFICE	12/11/06	0.00		AZ	4,~~115~~111,~~113~~978	6.75000%	27,054
				71	LUBS02CD		RETAIL	12/11/11	0.00		CA	3,~~971~~968,~~223~~728	7.25000%	27,287
				72	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	3,~~725~~722,~~361~~601	6.73000%	24,350
				73	LUBS02CD		RETAIL	11/11/06	0.00		MO	3,~~696~~694,~~879~~209	6.80000%	24,317
				74	LUBS02CD		RETAIL	8/11/11	0.00		AZ	3,~~664~~662,~~927~~738	7.52000%	25,922
				75	LUBS02CD		RETAIL	11/11/11	0.00		VA	3,~~652~~648,~~240~~202	7.12500%	26,446
				76	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	3,~~579~~577,~~793~~140	6.73000%	23,399
				77	LUBS02CD		OFFICE	12/11/08	0.00		NY	3,~~470~~467,~~412~~741	6.54000%	22,215
				78	LUBS02CD		OFFICE	11/11/11	0.00		MD	3,~~455~~452,~~864~~148	7.26000%	25,321
				79	LUBS02CD		RETAIL	12/11/06	0.00		CA	3,~~422~~419,~~168~~683	6.75000%	22,377
				7A	LUBS02CC		RETAIL	12/11/29	0.00		CA	5,250,000	7.60250%	3334,~~261~~370
				7B	LUBS02CC			12/11/29	0.00			8,450,000	7.60250%	5355,~~534~~319
				7C	LUBS02CC		RETAIL	12/11/29	0.00		CA	3,600,000	8.00250%	24,~~008~~808
				7D	LUBS02CC			12/11/29	0.00			12,766,418	8.00250%	8587,~~136~~974
				80	LUBS02CD		OFFICE	11/11/06	0.00		CA	3,~~369~~366,~~135~~633	6.70000%	21,939
				81	LUBS02CD		MULTIFAMILY	10/11/11	0.00		NY	3,~~368~~365,~~211~~838	6.91000%	22,415
				82	LUBS02CD		OFFICE	2/11/09	0.00		TX	3,~~330~~328,~~329~~315	7.33000%	23,035
				83	LUBS02CD		RETAIL	12/11/11	0.00		LA	3,~~291~~289,~~151~~084	7.25000%	22,614
				84	LUBS02CD		MULTIFAMILY	8/11/11	0.00		NY	3,~~168~~166,~~670~~698	7.38500%	22,123
				85	LUBS02CD		MULTIFAMILY	12/11/06	0.00		CA	3,~~074~~072,~~992~~759	6.75000%	20,107
				86	LUBS02CD		RETAIL	2/11/12	0.00		CA	2,~~981~~980,~~956~~091	7.22000%	20,404
				87	LUBS02CD		RETAIL	1/11/12	0.00		TX	2,~~972~~970,~~712~~019	7.97000%	23,095
				88	LUBS02CD		MULTIFAMILY	12/11/06	0.00		CA	2,~~975~~973,~~799~~638	6.75000%	19,458
				89	LUBS02CD		RETAIL	12/11/06	0.00		CA	2,~~876~~874,~~605~~516	6.75000%	18,809
				90	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	2,~~723~~721,~~748~~127	7.70000%	20,681
				91	LUBS02CD		RETAIL	12/11/08	0.00		CA	2,~~715~~713,~~663~~719	6.80000%	17,846
				92	LUBS02CD		RETAIL	11/11/06	0.00		KS	2,~~677~~675,~~380~~585	7.06000%	18,072
				93	LUBS02CD		RETAIL	12/11/11	0.00		LA	2,~~650~~649,~~791~~126	7.25000%	18,214
				94	LUBS02CD		MULTIFAMILY	12/11/11	0.00		KY	2,~~581~~580,~~599~~011	7.32000%	17,860
				95	LUBS02CD		OFFICE	2/11/12	0.00		GA	2,~~535~~534,~~831~~413	7.58000%	17,970
				96	LUBS02CD		MOBILE HOME PARK	2/11/12	0.00		OH	2,~~526~~523,~~173~~496	7.22000%	18,382
				97	LUBS02CD		OFFICE	7/11/11	0.00		AZ	2,~~525~~524,~~468~~033	7.70000%	18,180
				98	LUBS02CD		RETAIL	9/11/08	0.00		HI	2,~~468~~462,~~814~~607	7.50000%	22,152
				99	LUBS02CD		OFFICE	2/11/32	0.00		MD	2,~~496~~495,~~679~~374	7.78500%	18,043
				100	LUBS02CD		MULTIFAMILY	2/11/12	0.00		SC	2,~~485~~483,~~256~~744	7.31000%	17,156							B
				101	LUBS02CD		RETAIL	11/11/11	0.00		CA	2,~~369~~368,~~832~~330	7.25000%	16,297
				102	LUBS02CD		RETAIL	1/11/07	0.00		MN	2,~~331~~330,~~861~~073	6.53000%	14,900
				103	LUBS02CD		RETAIL	1/11/12	0.00		AL	2,~~325~~324,~~619~~297	7.55000%	16,442
				104	LUBS02CD		MOBILE HOME PARK	11/11/11	0.00		TX	2,~~301~~299,~~386~~927	7.25000%	15,826
				105	LUBS02CD		MOBILE HOME PARK	12/11/11	0.00		TX	2,~~282~~281,~~965~~477	7.12500%	15,496
				106	LUBS02CD		RETAIL	12/11/11	0.00		VA	2,~~250~~248,~~303~~029	7.51000%	16,827
				107	LUBS02CD		SELF STORAGE	3/11/12	0.00		CT	2,~~154~~152,~~945~~936	7.75000%	16,391
				108	LUBS02CD		RETAIL	1/11/12	0.00		TX	2,~~110~~108,~~556~~635	7.95000%	16,369
				109	LUBS02CD		RETAIL	2/11/12	0.00		NC	2,~~081~~078,~~064~~956	7.43000%	15,423
				110	LUBS02CD		RETAIL	12/11/11	0.00		AZ	2,~~084~~083,~~892~~582	7.25000%	14,326
				111	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	2,~~070~~068,~~049~~056	7.70000%	15,718
				112	LUBS02CD		RETAIL	11/11/08	0.00		AZ	2,~~062~~060,~~337~~930	7.00000%	13,838
				113	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	2,~~045~~043,~~287~~319	7.70000%	15,530
				114	LUBS02CD		MULTIFAMILY	9/11/11	0.00		CA	1,~~979~~978,~~832~~452	6.98000%	13,279
				115	LUBS02CD		RETAIL	12/11/11	0.00		GA	1,~~909~~908,~~851~~507	6.86000%	12,627
				116	LUBS02CD		SELF STORAGE	1/11/12	0.00		SC	1,~~881~~880,~~863~~051	7.70000%	14,289
				117	LUBS02CD		MULTIFAMILY	10/11/11	0.00		DC	1,~~883~~882,~~580~~378	7.25000%	12,961
				118	LUBS02CD		INDUSTRIAL	1/11/12	0.00		AZ	1,~~807~~806,~~007~~002	7.62000%	12,861
				119	LUBS02CD		MULTIFAMILY	12/11/11	0.00		KY	1,~~787~~786,~~261~~162	7.32000%	12,365
				120	LUBS02CD		RETAIL	11/11/11	0.00		AZ	1,~~785~~783,~~090~~910	7.11000%	12,109
				121	LUBS02CD		MOBILE HOME PARK	4/11/11	0.00		NY	1,~~727~~726,~~615~~492	7.35000%	12,057
				122	LUBS02CD		MOBILE HOME PARK	8/11/11	0.00		MI	1,~~703~~702,~~617~~593	7.50000%	12,026
				123	LUBS02CD		RETAIL	12/11/11	0.00		AZ	1,~~688~~687,~~165~~149	7.39000%	11,759
				124	LUBS02CD		SELF STORAGE	1/11/12	0.00		NC	1,~~559~~558,~~965~~464	7.70000%	11,845
				125	LUBS02CD		MULTIFAMILY	11/11/11	0.00		OH	1,488,~~969~~129	7.62500%	10,617							B
				126	LUBS02CD		MOBILE HOME PARK	8/11/11	0.00		FL	1,~~486~~485,~~138~~279	7.62500%	10,617							B
				127	LUBS02CD		RETAIL	9/11/11	0.00		AL	1,~~387~~386,~~105~~244	7.37500%	9,669
				128	LUBS02CD		MULTIFAMILY	1/11/12	0.00		CA	1,~~158~~157,~~094~~468	7.70500%	8,310
				129	LUBS02CD		INDUSTRIAL	10/11/08	0.00		FL	1,123,~~946~~113	6.73000%	7,347

		130		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		1,~~044~~043,~~725~~951	6.73000%			6,829
		131		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		1,~~015~~014,~~017~~265	6.73000%			6,635
		132		LUBS02CD	OFFICE		2/11/12	0.00		TX		~~994~~993,~~344~~774	7.50000%			6,992
		133		LUBS02CD	RETAIL		2/11/12	0.00		NY		~~973~~972,~~814~~144	7.50000%			7,959
		134		LUBS02CD	MOBILE HOME PARK		1/11/12	0.00		CO		869,~~746~~267	7.65000%			6,208
		135		LUBS02CD	MOBILE HOME PARK		12/11/11	0.00		CO		~~866~~865,~~313~~528	8.00000%			6,753
		136		LUBS02CD	SELF STORAGE		1/11/12	0.00		NC		~~812~~811,~~172~~391	7.70000%			6,167
		137		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		~~795~~794,~~180~~590	6.73000%			5,198
		138		LUBS02CD	MOBILE HOME PARK		8/11/11	0.00		NY		792,~~829~~389	7.75000%			5,731
		139		LUBS02CD	MOBILE HOME PARK		8/11/11	0.00		NY		673,~~723~~335	7.63000%			4,815
		140		LUBS02CD	MOBILE HOME PARK		8/11/11	0.00		PA		~~669~~668,~~315~~973	8.00000%			4,953
		141		LUBS02CD	MULTIFAMILY		3/11/10	0.00		TX		629,~~712~~461	9.12500%			5,199			1
		142		LUBS02CD	INDUSTRIAL		10/11/08	0.00		FL		~~473~~472,~~345~~994	6.73000%			3,094
											1,235,861,235				8,533,529		0
											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
	10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.																	PAGE 12 OF 25
	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:					1011/18/2002
					COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES								PAYMENT DATE:				1011/18/2002
					SERIES 2002-C1
													PRIOR PAYMENT:				0910/1718/2002
													NEXT PAYMENT:				1112/1817/2002
													RECORD DATE:				0910/3031/2002
					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,~~550~~543,~~493~~844							0.69	%		~~102~~101					7.66	%	0.00
								1,000,000				TO		2,000,000				18			28,~~417~~398,~~839~~610							2.30	%		~~104~~103					7.31	%	0.00
								2,000,000				TO		3,000,000				28			68,~~665~~610,~~572~~046							5.56	%		~~106~~105					7.34	%	0.00
								3,000,000				TO		4,000,000				16			55,~~841~~802,~~356~~518							4.52	%		9998					7.07	%	0.00
								4,000,000				TO		5,000,000				11			49,~~667~~636,~~048~~295							4.02	%		~~118~~117					7.14	%	0.00
								5,000,000				TO		6,000,000				4			21,~~654~~642,~~242~~156							1.75	%		~~212~~211					7.43	%	0.00
								6,000,000				TO		7,000,000				9			57,~~840~~799,~~859~~179							4.68	%		~~113~~112					7.07	%	0.15
		7,000,000				TO		8,000,000				10				74,~~563~~509,~~290~~712						6.03	%			~~113~~112				7.01	%	0.13
		8,000,000				TO		9,000,000				2				16,~~614~~610,~~629~~002						1.3435	%			~~220~~219				7.58	%	0.00
		9,000,000				TO		10,000,000				3				28,~~477~~457,~~138~~581						2.30	%			~~152~~151				6.95	%	0.00
		10,000,000				TO		12,000,000				7				74,~~892~~842,~~935~~596						6.06	%			~~204~~203				7.66	%	0.00
		12,000,000				TO		14,000,000				6				76,~~285~~245,~~434~~978						6.17	%			~~255~~254				7.42	%	0.00
		14,000,000				TO		16,000,000				4				58,~~961~~929,~~956~~975						4.77	%			~~232~~231				7.67	%	0.00
		16,000,000				TO		18,000,000				5				84,~~945~~888,~~517~~332						6.87	%			9089				7.31	%	0.00
		18,000,000				TO		20,000,000				1				18,~~376~~365,~~018~~499						1.49	%			~~110~~109				7.55	%	0.00
		20,000,000				TO		22,000,000				3				63,~~234~~199,~~431~~127						5.12	%			~~250~~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	%			~~353~~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,~~972~~555,~~478~~562						32.2827	%			~~253~~252				6.83	%	0.0010
												147					1,~~235~~234,~~861~~937,~~235~~013				100.00		%
			AVERAGE SCHEDULE BALANCE														8,~~407~~400,~~219~~932
			MAXIMUM SCHEDULE BALANCE												164,~~443~~287,~~359~~191
			MINIMUM SCHEDULE BALANCE												~~473~~472,~~345~~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		%					~~138~~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,~~538~~352,~~119~~867						16.2322		%					~~295~~294		6.48	%		0.00
			6.501%			TO		6.750%				24							101,~~874~~799,~~761~~688						8.24		%					6160		6.72	%		0.09
			6.751%			TO		7.000%				13							138,~~740~~594,~~986~~769						11.2322		%					~~100~~99		6.91	%		0.0030
			7.001%			TO		7.250%				26							185,~~484~~375,~~418~~090						15.01		%					~~227~~226		7.18	%		0.05
			7.251%			TO		7.500%				25							178,~~174~~079,~~446~~977						14.42		%					~~215~~214		7.38	%		0.00
			7.501%			TO		7.750%				34							218,~~480~~334,~~497~~227						17.68		%					~~163~~162		7.62	%		0.00
			7.751%			TO		8.000%				16							156,~~397~~229,~~262~~900						12.65		%					~~236~~235		7.86	%		0.00
			8.001%			TO		8.250%				2							16,366,418						1.3233		%					~~326~~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,~~712~~461						0.05		%					8988		9.13	%		0.00
													147					1,~~235~~234,~~861~~937,~~235~~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,~~312~~199,~~966~~024				11.43				%			4948				6.81	%		0.06
			61			TO		120					100			563,~~526~~116,~~973~~105				45.60				%			~~105~~104				7.20	%		0.0209
			121			TO		180					1			31,~~854~~763,~~862~~198				2.5857				%			~~174~~173				7.94	%		0.00
			181			TO		240					0			0				0.00				%			0				0.00	%		0.00
			241			&		ABOVE					25			~~499~~498,~~166~~858,~~434~~686				40.3940				%			~~343~~342				7.16	%		0.00
											147							1,~~235~~234,~~861~~937,~~235~~013			100.00			%
		MINIMUM REMAINING TERM													4544
		MAXIMUM REMAINING TERM													~~353~~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		%
	10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.													PAGE 18 OF 25
	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:				1011/18/2002
				COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES								PAYMENT DATE:			1011/18/2002
				SERIES 2002-C1
												PRIOR PAYMENT:			0910/1718/2002
												NEXT PAYMENT:			1112/1817/2002
												RECORD DATE:			0910/3031/2002
				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									01	040,959,876					03.0032		%				0111	06.0096	%		01.0001
				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,~~203~~190,~~613~~904					1.07		%				8180	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									~~145~~144	1,~~222~~180,~~657~~786,~~622~~232					9895.9362		%				~~198~~200	7.1617	%		0.00
											147			1,~~235~~234,~~861~~937,~~235~~013					100.00		%
			MAXIMUM DSCR				1.450
			MINIMUM DSCR					1.~~380~~010
GEOGRAPHIC
LOCATION
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WAMM WAC PFY DSCR
												CALIFORNIA			27					352,~~976~~634,~~186~~761					28.5655	%				~~229~~228			6.97	%	0.03
												TEXAS			15					~~104~~103,~~038~~958,~~564~~656					8.42	%				9291			7.00	%	0.08
												CONNECTICUT			4					94,~~934~~846,~~769~~702					7.68	%				~~110~~109			6.52	%	0.00
												FLORIDA			17					90,~~518~~460,~~782~~887					7.3233	%				~~134~~133			7.20	%	0.00
												MARYLAND			7					88,~~808~~797,~~752~~478					7.19	%				~~343~~342			7.34	%	0.00
												NEW YORK			11					85,~~917~~844,~~136~~153					6.95	%				~~243~~242			7.47	%	0.00
												NEVEDA			5					83,~~562~~509,~~048~~873					6.76	%				~~112~~111			7.24	%	0.0050
												CMBS CERTIFICATE			6					71,~~425~~398,~~045~~911					5.78	%				~~344~~343			7.83	%	0.00
												LOUISIANA			3					45,~~596~~567,~~250~~211					3.69	%				~~317~~316			7.25	%	0.00
												NORTH CAROLINA			9					35,~~577~~551,~~833~~846					2.88	%				~~193~~192			7.40	%	0.00
												VIRGINIA			5					32,~~696~~673,~~361~~514					2.65	%				~~268~~267			7.32	%	0.00
												TENNESSEE			1					20,~~908~~887,~~919~~336					1.69	%				4544			7.60	%	0.00
												GEORGIA			4					19,~~943~~928,~~021~~099					1.61	%				9291			7.17	%	0.00
												ARIZONA			8					19,~~732~~720,~~999~~323					1.60	%				9291			7.26	%	0.00
												KENTUCKY			3					12,~~221~~214,~~090~~039					0.99	%				~~111~~110			7.51	%	0.00
												WISCONSIN			2					11,~~347~~339,~~426~~153					0.92	%				5049			6.74	%	0.00
												NEW HAMPSHIRE			1					10,~~850~~840,~~737~~170					0.88	%				~~287~~286			7.80	%	0.00
												INDIANA			1					9,~~033~~026,~~039~~521					0.73	%				5150			6.75	%	0.00
												MINNESOTA			2					7,~~123~~119,~~588~~247					0.58	%				9190			7.35	%	0.00
												NEW JERSEY			1					6,~~853~~849,~~314~~341					0.55	%				~~110~~109			7.51	%	0.00
												PENNSYLVANIA			2					5,~~534~~530,~~063~~665					0.45	%				~~110~~109			7.34	%	0.00
												SOUTH CAROLINA			2					4,~~367~~363,~~119~~795					0.35	%				~~112~~111			7.48	%	0.00
												OHIO			2					4,~~015~~011,~~142~~625					0.32	%				~~111~~110			7.37	%	0.00
												ALABAMA			2					3,~~712~~710,~~723~~541					0.30	%				~~110~~109			7.48	%	0.00
												MISSOURI			1					3,~~696~~694,~~879~~209					0.30	%				4948			6.80	%	0.00
												KANSAS			1					2,~~677~~675,~~380~~585					0.22	%				4948			7.06	%	0.00
												HIWAII			1					2,~~468~~462,~~814~~607					0.20	%				7170			7.50	%	0.00
												DISTRICT OF COLUMBIA			1					1,~~883~~882,~~580~~378					0.15	%				~~108~~107			7.25	%	0.00
												COLORADO			2					1,~~736~~734,~~059~~795					0.14	%				~~111~~110			7.82	%	0.00
												MICHIGAN			1					1,~~703~~702,~~617~~593					0.14	%				~~106~~105			7.50	%	0.00
							147					1,~~235~~234,~~861~~937,~~235~~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,~~673~~617,~~095~~846					7.18	%			~~141~~140			7.56	%		0.00
					1.251 1.375						70						~~491~~490,~~064~~766,~~933~~472					39.7374	%			~~172~~171			7.26	%		0.0210
					1.376 1.500						30						168,~~896~~696,~~507~~521					13.6766	%			~~106~~105			7.25	%		0.05
					1.501 1.625						15						78,~~880~~823,~~142~~743					6.38	%			~~132~~131			7.32	%		0.00
					1.626 1.750						6						71,~~965~~920,~~450~~955					5.82	%			~~321~~320			7.39	%		0.00
					1.751 1.875						3						24,~~580~~566,~~263~~354					1.99	%			~~343~~342			7.61	%		0.00
					1.876 2.000						3						188,~~779~~610,~~133~~297					15.2827	%			~~348~~347			6.67	%		0.00
					2.001 2.125						1						~~994~~993,~~344~~774					0.08	%			~~112~~111			7.50	%		0.00
					2.126 2.250						0						0					0.00	%			0			0.00	%		0.00
					2.251 & ABOVE						3						5857,~~036~~950,~~334~~015					4.7069	%			~~109~~108			6.84	%		0.00
					UNKNOWN						5						63,991,034					5.18	%			~~211~~210			6.64	%		0.00
												147					1,~~235~~234,~~861~~937,~~235~~013				100.00		%
				MAXIMUM DSCR			2.500
				MINIMUM DSCR				1.140
		10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.							PAGE 19 OF 25
		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:					1011/18/2002
						COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES								PAYMENT DATE:				1011/18/2002
						SERIES 2002-C1
														PRIOR PAYMENT:				0910/1718/2002
														NEXT PAYMENT:				1112/1817/2002
														RECORD DATE:				0910/3031/2002
						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,~~557~~229,~~710~~330						35.16		%				~~224~~223		7.01	%	0.00
									OFFICE				28				406,~~473~~151,~~781~~167						32.89		%				~~230~~229		7.25	%	0.00
									MULTIFAMILY				30				199,~~789~~651,~~981~~362						16.17		%				8887		6.97	%	0.0425
									SELF STORAGE				12				73,~~638~~590,~~295~~405						5.96		%				~~275~~274		7.82	%	0.00
									INDUSTRIAL				13				56,~~211~~165,~~260~~236						4.55		%				7069		6.95	%	0.00
									MOBILE HOME PARK				12				23,~~064~~045,~~870~~759						1.87		%				~~108~~107		7.32	%	0.43
									UNDEFINED				2				21,216,418						1.72		%				~~326~~325		7.84	%	0.00
									LODGING				1				20,~~908~~887,~~919~~336						1.69		%				4544		7.60	%	0.00
							147			1,~~235~~234,~~861~~937,~~235~~013						100.00			%
NUMBER OF MONTHS
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WAMM WAC PFY DSCR
												0		TO		12				~~128~~124			1,~~116~~099,~~950~~425,~~650~~566			9089.3803		%				~~202~~201		7.1110	%	0.0205
												13		TO		24				1418			88104,~~214~~815,~~455~~568			78.1449		%				84104		7.5354	%	0.00
												25		TO		36				5			30,~~696~~695,~~130~~879			2.4849		%				~~321~~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,~~235~~234,~~861~~937,~~235~~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,~~095~~094,~~720~~795,~~201~~979				88.6665		%		~~185~~184				7.18	%	0.0205
								IO/AMORTIZING/BALLOON						9				140,141,034				11.3435		%		~~287~~286				6.98	%	0.00
									147				1,~~235~~234,~~861~~937,~~235~~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,~~556~~455,~~220~~691				9.92		%			4948			6.82	%	0.07
			2007					3			18,~~756~~743,~~746~~333				1.52		%			5150			6.77	%	0.00
			2008					15			59,~~113~~063,~~646~~261				4.78		%			7271			6.92	%	0.00
			2009					3			18,~~254~~243,~~782~~065				1.48		%			7675			7.14	%	0.00
			2010					1			629,~~712~~461				0.05		%			8988			9.13	%	0.00
			2011					45			189,~~945~~815,~~475~~267				15.37		%			~~108~~107			7.33	%	0.05
			2012					36			295,~~583~~365,~~359~~051				23.92		%			~~111~~110			7.17	%	0.0014
			2013 & GREATER					26			~~531~~530,~~021~~621,~~296~~884				42.97		%			~~333~~332			7.21	%	0.00
								147			1,~~235~~234,~~861~~937,~~235~~013			100.00			%
	10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.														PAGE 20 OF 25
	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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

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

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 21 OF 25

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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

ABN AMRO ACCT: 67-8970-30-2

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

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 22 OF 25

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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

ABN AMRO ACCT: 67-8970-30-2

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 23 OF 25

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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

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..

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 24 OF 25

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:

1011/18/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

1011/18/2002

SERIES 2002-C1

PRIOR PAYMENT:

0910/1718/2002

NEXT PAYMENT:

1112/1817/2002

RECORD DATE:

0910/3031/2002

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

10/16/2002 - 11:32 (H392-H438) 2002 LASALLE BANK N.A.

PAGE 25 OF 25

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

PAGE 25 OF 25

Filing Compare · STRUCTURED ASSET SECURITIES CORP LB-UBS COMM MORT TR 2002-C1