UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 10, 2004

Deutsche Mortgage & Asset Receiving Corporation
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-112636-01
(Commission
File Number)

04-3310019
(IRS Employer
Identification No.)

60 Wall Street, New York, New York
(Address of principal executive offices)

10005
(Zip Code)

Registrant's telephone number, including area code 212-250-2500

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

Item 5. Other Events and Regulation FD Disclosure.

This current report on Form 8-K relates to the monthly distribution reported to the holders of COMM 2004-LNB3 Commercial Mortgage Pass-Through Certificates, which was made on August 10, 2004.

Item 7. Financial Statements and Exhibits.

99.1 Monthly distribution reports pursuant to Section 4.02 of the Pooling and Servicing Agreement for the distribution on August 10, 2004.
(Exhibit No. Description)

SIGNATURES

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

LASALLE BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS BOND ADMINISTRATOR UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF DEUTSCHE MORTGAGE & ASSET RECEIVING CORPORATION, REGISTRANT

Date: August 16, 2004

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

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Reporting Package Table of Contents

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Administrator:
Mitchell Brumwell 312.904.6858
mitch.brumwell@abnamro.com

Analyst:
James Macmillan 714.259.6217
james.macmillan@abnamro.com

Statement Date:

135 S. LaSalle Street, Suite 1625
Chicago, IL 60603
USA

Statements to Certificateholders
Cash Reconciliation Summary
Bond Interest Reconciliation
Shortfall Summary Report

Asset-Backed Facts ~ 15 Month Loan Status Summary

Other Related Information
Rating Information

Asset-Backed Facts ~ 15 Month Loan Payoff/Loss Summary
Delinquent Loan Detail
Historical Collateral Prepayment

Page 2-6
Page 7
Page 8
Page 9

Page 10

Page 11
Page 12-13

Page 14
Page 15-16

Page 17

Loan Level Detail

Mortgage Loan Characteristics
Specially Serviced (Part I) - Loan Detail
Specially Serviced (Part II) - Servicer Comments

Modified Loan Detail
Defeased Loans
Historical REO Report

Page 18-21

Page 22-24
Page 25
Page 26

Page 27
Page 28
Page 29

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

COM4LNB3

COM4LNB3_200408_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

28-Jun-04
12-Jul-04

10-Jul-37

Appraisal Reduction Detail
Realized Loss Detail

Page 30
Page 31

Parties to The Transaction

Depositor: Deutsche Mortgage & Asset Receiving Corporation

Underwriter: Deutsche Bank Securities Inc.

Master Servicer: Midland Loan Services, Inc.

Special Servicer: Lennar Partners, Inc.

Rating Agency: Dominion Bond Rating Service Limited/Standard & Poor's/Moody's Investors Service, Inc.

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.midlandls.com

www.etrustee.net

Page 1 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.482980%

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

125

Upper REMIC

Statement Date:

ABN AMRO Acct: 721875.1

956.003050823

9.163030778

0.000000000

946.840020045

2.999459617

Fixed

0.00

0.000000000

3.76500000%

0.000000000

20047GAA5

A-1

47,892,000.00

45,784,898.11

438,835.87

0.00

45,346,062.24

143,650.12

1000.000000000

0.000000000

1000.000000000

3.927500026

Fixed

0.00

0.000000000

4.71300000%

0.000000000

20047GAB3

A-2

97,029,000.00

0.00

97,029,000.00

381,081.40

1000.000000000

0.000000000

1000.000000000

4.241666635

5.090000000%

0.00

0.000000000

5.09000000%

0.000000000

20047GBN6

A-3

104,606,000.00

0.00

104,606,000.00

443,703.78

1000.000000000

0.000000000

1000.000000000

4.361666638

5.234000000%

0.00

0.000000000

5.23400000%

0.000000000

20047GBP1

A-4

114,956,000.00

0.00

114,956,000.00

501,399.75

1000.000000000

0.000000000

1000.000000000

4.536303232

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GBQ9

A-5

502,796,000.00

0.00

502,796,000.00

2,280,835.12

998.309827206

0.000000000

997.868441060

0.160584677

0.192496068%

0.00

0.000000000

0.19302786%

0.000000000

20047GAG2/U2021RAA6/20047GAX5

1,335,412,283.00

1,333,155,205.49

0.00

1,332,565,773.01

214,446.75

999.432942960

0.569402114

0.000000000

998.863540846

4.380847733

5.260000000%

0.00

0.000000000

5.26000000%

0.000000000

20047GAH0/U2021RAB4/20047GAY3

A-1A

264,482,000.00

264,332,023.62

150,596.61

0.00

264,181,427.01

1,158,655.37

1000.000000000

0.000000000

1000.000000000

4.536303322

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAC1

40,063,000.00

0.00

40,063,000.00

181,737.92

1000.000000000

0.000000000

1000.000000000

4.536303019

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAD9

16,692,000.00

0.00

16,692,000.00

75,719.97

1000.000000000

0.000000000

1000.000000000

4.536303122

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAE7

28,378,000.00

0.00

28,378,000.00

128,731.21

1000.000000000

0.000000000

1000.000000000

4.536303367

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAF4

25,039,000.00

0.00

25,039,000.00

113,584.50

1000.000000000

0.000000000

1000.000000000

4.536303002

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAJ6/U2021RAC2/20047GAZ0

15,023,000.00

0.00

15,023,000.00

68,148.88

1000.000000000

0.000000000

1000.000000000

4.536302980

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAK3/U2021RAD0/20047GBA4

13,354,000.00

0.00

13,354,000.00

60,577.79

1000.000000000

0.000000000

1000.000000000

4.536302953

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAL1/U2021RAE8/20047GBB2

11,685,000.00

0.00

11,685,000.00

53,006.70

1000.000000000

0.000000000

1000.000000000

4.536302953

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAM9/U2021RAF5/20047GBC0

11,685,000.00

0.00

11,685,000.00

53,006.70

1000.000000000

0.000000000

1000.000000000

4.536303729

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAN7/U2021RAG3/20047GBD8

6,677,000.00

0.00

6,677,000.00

30,288.90

Page 2 of 31

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

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.482980%

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

125

Upper REMIC

Statement Date:

ABN AMRO Acct: 721875.1

1000.000000000

0.000000000

1000.000000000

4.536304283

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAP2/U2021RAH1/20047GBE6

3,339,000.00

0.00

3,339,000.00

15,146.72

1000.000000000

0.000000000

1000.000000000

4.536303914

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAQ0/U2021RAJ7/20047GBF3

5,008,000.00

0.00

5,008,000.00

22,717.81

1000.000000000

0.000000000

1000.000000000

4.536303176

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAR8/U2021RAK4/20047GBG1

5,007,000.00

0.00

5,007,000.00

22,713.27

1000.000000000

0.000000000

1000.000000000

4.536303914

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAS6/U2021RAL2/20047GBH9

5,008,000.00

0.00

5,008,000.00

22,717.81

1000.000000000

0.000000000

1000.000000000

4.536303015

5.443470967%

0.00

0.000000000

5.44356388%

0.000000000

20047GAT4/U2021RAM0/20047GBJ5

16,693,283.00

0.00

16,693,283.00

75,725.79

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSQ9207

0.00

Total P&I Payment

0.00

1,335,412,283.00

1,333,155,204.73

6,637,028.74

Total

1,332,565,772.25

589,432.48

0.00

6,047,596.26

Page 3 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 0

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.482980%

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

125

AFR-BofA Loan REMIC

Statement Date:

ABN AMRO Acct: 721875.1

0.000000000

Fixed

0.00

0.000000000

5.64038824%

0.000000000

AFR-BofA

19,834,204.61

18,090,282.75

0.00

18,090,282.75

85,030.18

Total P&I Payment

0.00

19,834,204.61

18,090,282.75

85,030.18

Total

18,090,282.75

0.00

85,030.18

Page 4 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 0

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.482980%

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

125

SAKS Loan REMIC

Statement Date:

ABN AMRO Acct: 721875.1

0.000000000

Fixed

0.00

0.000000000

7.36591035%

0.000000000

SAKS

8,372,715.18

8,357,963.86

12,197.55

0.00

8,345,766.31

51,303.34

Total P&I Payment

0.00

8,372,715.18

8,357,963.86

63,500.89

Total

8,345,766.31

12,197.55

0.00

51,303.34

Page 5 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 0

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.482980%

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

125

Grantor Trust

Statement Date:

ABN AMRO Acct: 721875.1

0.000000000

0.00

0.000000000

N/A

0.000000000

A-1

0.00

0.000000000

N/A

0.00

0.000000000

0.00000000%

0.000000000

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSQ9199

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

0.00

Total P&I Payment

0.00

Total

0.00

Page 6 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

2,733,756.27

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

6,066,603.87

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances

Recoup of Prior Advances

Misc. Fees & Expenses

Total Unscheduled Fees & Expenses
Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding

Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

6,049,540.51

)

(949.25

)

(995.00

0.00
0.00

)

(1,944.24

233,594.72
355,837.74
589,432.46

0.02
0.00
0.00
0.00
0.00
0.02

589,432.48

6,638,972.99

6,637,028.75

1,333,155,205.49

589,432.46

0.02

0.00
0.00

0.00

1,332,565,773.01

0.00

355,837.74

3,332,847.60

355,837.74

3,332,847.60

17,063.36

0.00
0.00

24,782.55

41,845.90

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(17,063.36

6,047,596.27

Interest Not Advanced (

Current Period

)

0.00

3,332,847.60

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 7 of 31

Deutsche Mortgage & Asset Receiving Corporation

Class

Accrued

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Bond Interest Reconciliation

Deductions

Allocable

Deferred &

Prior

Prepay-

Other

Additions

Interest

Credit Support

Original

Current(4)

Accrual

Int. Short-

falls Due

ment

Interest

Interest (2)

Payment

Amount

PPIS

Interest

Certificate

Accretion

Interest

Loss/Exp

Interest

Penalties

Proceeds (1)

Interest

Shortfalls

Certificate

Rate

Pass

Thru

Method Days

Outstanding

Remaining

Statement Date:

Distributable

Current Period

(Shortfall)/

Recovery

Int Accrual

on Prior

Shortfall (3)

0.00

A-1

143,650.12

0.00

15.25%

15.28%

30/360

3.765000000%

0.00

A-2

381,081.40

0.00

15.25%

15.28%

30/360

4.713000000%

0.00

A-3

443,703.78

0.00

15.25%

15.28%

30/360

5.090000000%

0.00

A-4

501,399.75

0.00

15.25%

15.28%

30/360

5.234000000%

0.00

A-5

2,280,835.12

0.00

15.25%

15.28%

30/360

5.443563877%

0.00

214,446.75

0.00

30/360

0.193027864%

0.00

A-1A

1,158,655.37

0.00

15.25%

15.28%

30/360

5.260000000%

0.00

181,737.92

0.00

12.25%

12.28%

30/360

5.443563877%

0.00

75,719.97

0.00

11.00%

11.02%

30/360

5.443563877%

0.00

128,731.21

0.00

8.88%

8.89%

30/360

5.443563877%

0.00

113,584.50

0.00

7.00%

7.01%

30/360

5.443563877%

0.00

68,148.88

0.00

5.88%

5.89%

30/360

5.443563877%

0.00

60,577.79

0.00

4.88%

4.89%

30/360

5.443563877%

0.00

53,006.70

0.00

4.00%

4.01%

30/360

5.443563877%

0.00

53,006.70

0.00

3.13%

30/360

5.443563877%

0.00

30,288.90

0.00

2.63%

30/360

5.443563877%

0.00

15,146.72

0.00

2.38%

30/360

5.443563877%

0.00

22,717.81

0.00

2.00%

30/360

5.443563877%

0.00

22,713.27

0.00

1.63%

30/360

5.443563877%

0.00

22,717.81

0.00

1.25%

30/360

5.443563877%

0.00

75,725.79

0.00

0.00%

30/360

5.443563877%

0.00

30/360

0.000000000%

0.00

6,047,596.26

0.00

(2) Accrued - Deductions + Additions Interest

(3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable.

Page 8 of 31

(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(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).

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Interest Adjustments Summary

Statement Date:

0.00

Special Servicing Fees

Workout Fees

Liquidation Fees

Legal Fees

0.00

Misc. Fees & Expenses Paid by/to Servicer

Interest Paid to Servicer on Outstanding Advances

0.00

ASER Interest Advance Reduction

Interest Not Advanced (Current Period)

Recoup of Prior Advances by Servicer

0.00

Servicing Fees Paid Servicer on Loans Not Advanced

Misc. Fees & Expenses Paid by Trust

0.00

Shortfall Due to Rate Modification

Total Shortfall Allocated to the Bonds

Total Interest Adjustment to the Bonds

0.00

Shortfall Allocated to the Bonds:

Excess Allocated to the Bonds:

Other Interest Proceeds Due the Bonds

Yield Maintenance Penalties Due the Bonds

Prepayment Penalties Due the Bonds

Recovered ASER Interest Due the Bonds

Recovered Interest Due the Bonds

Less Total Shortfall Allocated to the Bonds

Total Excess Allocated to the Bonds

0.00

0.00

Total Excess Allocated to the Bonds

0.00

0.00

Aggregate Interest Adjustment Allocated to the Bonds

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

Other Interest Loss

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Page 9 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

ABN AMRO Acct: 721875.1

6.38%

5.61%

0.00%

10-Aug-04

6 74,720,799

0.00%

12-Jul-04

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 10 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Other Related Information

Statement Date:

Saks, Inc.-North Riverside Yield Maintenance Amount.......................................................

0.00

Page 11 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

DBRS

9ABSQ9215

A-1

20047GAA5

Aaa

AAA

A-2

20047GAB3

Aaa

AAA

A-3

20047GBN6

Aaa

AAA

A-4

20047GBP1

Aaa

AAA

A-5

20047GBQ9

Aaa

AAA

20047GAG2

Aaa

AAA

A-1A

20047GAH0

Aaa

AAA

20047GAC1

Aa2

20047GAD9

Aa3

AA-

AA Low

20047GAE7

20047GAF4

A-

A Low

20047GAJ6

Baa1

BBB+

BBB High

20047GAK3

Baa2

BBB

20047GAL1

Baa3

BBB-

BBB Low

20047GAM9

Ba1

BB+

BB High

20047GAN7

Ba2

20047GAP2

Ba3

BB-

BB Low

20047GAQ0

B+

B High

20047GAR8

20047GAS6

B-

B Low

20047GAT4

Page 12 of 31

NR - Designates that the class was not rated by the rating agency.

(1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be
understood that this transmission will generally have been provided to LaSalle within 30 days of the payment date listed on this statement. Because ratings may have
changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on
this report, LaSalle recommends that investors obtain current rating information directly from the rating agency.

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

DBRS

9ABSQ9207

9ABSQ9199

Page 13 of 31

NR - Designates that the class was not rated by the rating agency.

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Amort

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

10-Aug-04

35.34%

1,332,565,773

99.79%

0.00%

125

281

5.48%

5.44%

12-Jul-04

35.34%

1,333,155,205

99.83%

0.00%

126

282

5.32%

5.28%

132,614

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 14 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Delinquent Loan Detail

Disclosure

Control #

Paid

Thru
Date

Current P&I

Advance

Outstanding

P&I

Advances**

Out. Property

Protection

Advances

Loan

Status

Code (1)

Special

Servicer

Transfer Date

Foreclosure

Date

Bankruptcy

Date

REO

Date

Statement Date:

1-Jul-04

573,986.95

0.00

1-Jun-04

111,298.61

0.00

1-Jun-04

83,473.96

0.00

1-Jun-04

70,474.28

0.00

1-Jun-04

45,855.03

0.00

1-Jun-04

15,670.84

0.00

1-Jul-04

270,520.83

0.00

1-Jul-04

323,479.47

0.00

1-Jul-04

298,724.00

0.00

10-Jun-04

231,170.00

0.00

1-Jul-04

96,426.53

0.00

1-Jul-04

59,143.87

0.00

1-Jul-04

6,441.04

0.00

1-Jul-04

157,157.08

0.00

1-Jul-04

156,360.83

0.00

1-Jul-04

51,207.18

0.00

1-Jul-04

37,825.51

0.00

1-Jul-04

22,927.26

0.00

1-Jul-04

94,182.74

0.00

1-Jul-04

85,055.81

0.00

1-Jul-04

73,568.17

0.00

1-Jul-04

99,001.89

0.00

1-Jul-04

62,725.06

0.00

1-Jul-04

53,123.79

0.00

1-Jul-04

51,180.44

0.00

1-Jul-04

43,954.46

0.00

1-Jul-04

63,513.13

0.00

Page 15 of 31

A. In Grace Period

1. Delinq. 1 month

2. Delinq. 2 months

3. Delinquent 3 + months

4. Performing Matured Balloon

** Outstanding P&I Advances include the current period P&I Advance

7. Foreclosure

9. REO

B. Late Payment but < 1 month delinq.

5. Non Performing Matured Balloon

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Delinquent Loan Detail

Disclosure

Control #

Paid

Thru
Date

Current P&I

Advance

Outstanding

P&I

Advances**

Out. Property

Protection

Advances

Loan

Status

Code (1)

Special

Servicer

Transfer Date

Foreclosure

Date

Bankruptcy

Date

REO

Date

Statement Date:

1-Jul-04

32,139.90

0.00

1-Jul-04

36,219.00

0.00

1-Jul-04

36,987.52

0.00

1-Jul-04

33,108.53

0.00

1-Jul-04

32,452.26

0.00

1-Jul-04

30,316.34

0.00

1-Jul-04

28,780.57

0.00

1-Jul-04

23,605.35

0.00

1-Jul-04

21,803.78

0.00

1-Jul-04

22,857.28

0.00

1-Jul-04

21,009.67

0.00

1-Jul-04

21,099.11

0.00

1-Jul-04

19,622.11

0.00

1-Jul-04

20,790.24

0.00

1-Jul-04

20,999.14

0.00

1-Jul-04

12,728.45

0.00

1-Jul-04

9,884.43

0.00

1-Jul-04

9,068.87

0.00

1-Jul-04

8,292.18

0.00

1-Jun-04

8,471.88

0.00

3,688,685.34

Total

Page 16 of 31

A. In Grace Period

1. Delinq. 1 month

2. Delinq. 2 months

3. Delinquent 3 + months

4. Performing Matured Balloon

** Outstanding P&I Advances include the current period P&I Advance

7. Foreclosure

9. REO

B. Late Payment but < 1 month delinq.

5. Non Performing Matured Balloon

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Historical Collateral Level Prepayment Report

Disclosure

Control #

Payoff
Period

Initial

Balance

Type

Payoff

Amount

Penalty

Amount

Prepayment

Date

Maturity

Date

Property

Type

Geographic

Location

Statement Date:

Cumulative

Current

Page 17 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

4.97960%

6-Jun-14

CM4LNB3A

Retail

0.00

130,000,000

557,439

5.36252%

1-Mar-29

CM4LNB3A

Office

0.00

125,000,000

577,216

4.18000%

1-Jun-09

CM4LNB3A

Retail

0.00

75,000,000

261,250

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

25,000,000

111,944

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

18,750,000

83,958

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

15,830,000

70,883

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

10,300,000

46,121

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

3,520,000

15,762

5.22400%

1-Mar-14

CM4LNB3A

Retail

0.00

62,500,000

272,083

5.45000%

1-Jun-14

CM4LNB3A

Retail

0.00

60,000,000

281,583

5.28700%

1-Jun-14

CM4LNB3A

Industrial

0.00

55,851,473

324,924

5.35000%

1-Apr-14

CM4LNB3A

Office

0.00

49,694,086

302,581

5.50000%

1-Mar-14

CM4LNB3A

Office

0.00

45,000,000

213,125

5.05500%

1-Jan-15

CM4LNB3A

Office

0.00

42,954,895

232,281

5.69000%

1-Jul-11

CM4LNB3A

Office

0.00

38,600,000

189,129

6.13000%

1-Jul-14

CM4LNB3A

Office

0.00

38,369,252

233,447

4.95000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

22,760,000

97,015

4.95000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

13,960,000

59,505

5.08400%

1-Jun-14

CM4LNB3B

Multifamily

0.00

1,480,000

6,479

5.32000%

1-May-14

CM4LNB3B

Multifamily

0.00

34,500,000

158,048

4.43000%

1-Jun-09

CM4LNB3B

Multifamily

0.00

31,195,268

157,168

5.21000%

1-Jul-09

CM4LNB3B

Multifamily

0.00

11,480,000

51,504

5.21000%

1-Jul-09

CM4LNB3B

Multifamily

0.00

8,480,000

38,045

5.21000%

1-Jul-09

CM4LNB3B

Multifamily

0.00

5,140,000

23,060

5.83000%

1-Jun-14

CM4LNB3A

Office

0.00

23,445,000

117,700

Page 18 of 31

* 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. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.93000%

1-Jul-11

CM4LNB3A

Office

0.00

23,000,000

117,447

5.54000%

1-Jun-14

CM4LNB3A

Retail

0.00

19,850,000

94,696

5.48912%

1-Dec-13

CM4LNB3C

Office

0.00

18,090,283

85,508

4.99000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

17,400,000

74,767

5.71000%

1-Jul-11

CM4LNB3A

Office

0.00

17,099,709

99,444

5.37000%

1-May-14

CM4LNB3A

Other

0.00

15,950,712

89,546

4.92000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

15,050,000

63,762

6.22400%

1-Jul-14

CM4LNB3A

Office

0.00

10,986,568

72,387

6.06000%

1-Jul-14

CM4LNB3B

Multifamily

0.00

10,391,516

62,755

5.71000%

1-Jul-14

CM4LNB3B

Multifamily

0.00

9,216,758

53,600

4.92000%

1-Jun-14

CM4LNB3A

Retail

0.00

8,480,387

45,215

6.08000%

1-Jun-14

CM4LNB3A

Industrial

0.00

8,484,726

51,400

4.78800%

1-Apr-11

CM4LNB3B

Multifamily

0.00

8,390,490

44,171

7.16000%

1-Jan-24

CM4LNB3D

Retail

0.00

8,345,767

63,729

5.58000%

1-Jun-09

CM4LNB3A

Multifamily

0.00

6,725,000

32,314

5.81000%

1-Mar-14

CM4LNB3A

Mobile home park

0.00

6,250,337

36,888

5.80000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

6,176,169

36,379

6.15000%

1-Jun-14

CM4LNB3A

Office

0.00

6,156,091

37,571

5.49000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

6,142,644

34,983

6.15000%

1-Mar-19

CM4LNB3B

Multifamily

0.00

6,096,865

52,823

5.25000%

1-Apr-14

CM4LNB3A

Office

0.00

6,073,611

33,684

5.15000%

1-May-14

CM4LNB3A

Retail

0.00

5,980,597

32,762

5.08000%

1-Apr-11

CM4LNB3A

Multifamily

0.00

5,624,672

30,607

5.60000%

1-May-14

CM4LNB3A

Self storage

0.00

5,145,866

42,765

5.33000%

1-Jun-14

CM4LNB3A

Retail

0.00

4,984,723

30,199

Page 19 of 31

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.66500%

1-Mar-14

CM4LNB3A

Mobile home park

0.00

4,975,601

28,909

5.37500%

1-Jun-14

CM4LNB3B

Mobile home park

0.00

4,869,767

27,327

5.69000%

1-Mar-14

CM4LNB3B

Multifamily

0.00

4,577,678

26,669

5.81000%

1-Mar-14

CM4LNB3B

Mobile home park

0.00

4,513,579

26,638

5.90000%

1-Jul-14

CM4LNB3A

Industrial

0.00

4,394,274

28,081

5.52000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

4,318,289

24,674

5.35000%

1-May-14

CM4LNB3B

Multifamily

0.00

4,286,695

24,012

4.96000%

1-Jun-14

CM4LNB3A

Retail

0.00

4,090,618

21,910

4.96000%

1-Jun-14

CM4LNB3A

Retail

0.00

4,090,618

21,910

5.83000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

3,892,591

22,958

6.19000%

1-Jun-14

CM4LNB3A

Industrial

0.00

3,884,122

28,370

6.05000%

1-May-26

CM4LNB3A

Retail

0.00

3,829,573

26,616

5.80000%

1-Jul-14

CM4LNB3A

Retail

0.00

3,751,722

22,033

5.65000%

1-Mar-14

CM4LNB3B

Multifamily

0.00

3,638,100

21,104

5.83000%

1-May-14

CM4LNB3B

Multifamily

0.00

3,590,011

21,192

5.64000%

1-May-14

CM4LNB3A

Retail

0.00

3,539,710

20,469

6.23000%

1-Jun-14

CM4LNB3A

Retail

0.00

3,457,983

21,283

6.00000%

1-Jun-14

CM4LNB3A

Retail

0.00

3,293,963

19,785

5.21500%

1-May-14

CM4LNB3B

Multifamily

0.00

3,284,791

19,707

6.13000%

1-May-14

CM4LNB3A

Multifamily

0.00

3,187,446

20,873

6.10000%

1-Nov-13

CM4LNB3A

Retail

0.00

2,826,393

17,271

5.80000%

1-May-14

CM4LNB3B

Multifamily

0.00

2,792,176

16,429

5.44000%

1-Apr-14

CM4LNB3A

Retail

0.00

2,584,329

15,873

6.05500%

1-Jun-19

CM4LNB3A

Retail

0.00

2,483,263

21,171

5.27000%

1-Jun-19

CM4LNB3A

Retail

0.00

2,457,216

19,922

Page 20 of 31

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.30000%

1-May-14

CM4LNB3B

Multifamily

0.00

2,432,366

13,549

6.43000%

1-Jun-14

CM4LNB3A

Office

0.00

2,390,531

17,795

6.22000%

1-Jun-14

CM4LNB3A

Retail

0.00

2,395,822

14,730

5.34000%

1-Jun-14

CM4LNB3A

Retail

0.00

2,386,946

13,342

5.48000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

2,252,372

12,787

6.46100%

1-Jun-14

CM4LNB3A

Mobile home park

0.00

2,096,541

13,220

6.06200%

1-Jun-14

CM4LNB3B

Multifamily

0.00

2,196,031

13,278

5.27000%

1-Jun-14

CM4LNB3A

Retail

0.00

1,870,979

10,377

5.57500%

1-Apr-14

CM4LNB3A

Office

0.00

1,842,533

10,591

5.45000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

1,792,537

10,164

6.44900%

1-Jun-14

CM4LNB3B

Multifamily

0.00

1,755,564

11,828

6.51500%

1-Jun-14

CM4LNB3A

Industrial

0.00

1,722,194

10,920

5.75700%

1-Jun-09

CM4LNB3B

Mobile home park

0.00

1,696,718

9,928

5.25000%

1-Apr-09

CM4LNB3B

Mobile home park

0.00

1,642,862

9,111

6.67000%

1-Jun-14

CM4LNB3A

Retail

0.00

1,596,123

10,974

5.47000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

1,468,975

8,330

6.65000%

1-Apr-19

CM4LNB3B

Multifamily

0.00

1,320,799

8,506

5.95700%

1-Jun-11

CM4LNB3A

Mobile home park

0.00

1,197,783

7,161

6.39000%

1-May-14

CM4LNB3A

Mobile home park

0.00

994,125

7,391

1,332,565,773

6,680,819

Page 21 of 31

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Deutsche Mortgage & Asset Receiving Corporation

Mortgage Loan Characteristics

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

Comm 2004 LNB3

30-Jul-04

10-Sep-04

12-Jul-04

10-Aug-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Mortgage Interest Rates

Distribution of Principal Balances

Distribution of Remaining Term (Balloon)

Distribution of Remaining Term (Fully Amortizing)

Page 22 of 31

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

994,125

0.07

117

6.39

0.00

1 to

1,000,001

19,387,068

1.45

109

5.83

0.00

1,000,001 to

2,000,001

29,293,986

2.20

127

5.82

0.00

2,000,001 to

3,000,001

42,870,010

3.22

127

5.82

0.00

3,000,001 to

4,000,001

45,101,841

3.38

117

5.46

0.00

4,000,001 to

5,000,001

116,909,980

8.77

114

5.61

0.00

5,000,001 to 10,000,001

57,118,084

4.29

100

5.49

0.00

10,000,001 to 15,000,001

138,020,704

10.36

104

5.31

0.00

15,000,001 to 20,000,001

94,205,000

7.07

100

5.47

0.00

20,000,001 to 25,000,001

0.00

25,000,001 to 30,000,001

65,695,268

4.93

4.90

0.00

30,000,001 to 35,000,001

76,969,252

5.78

101

5.91

0.00

35,000,001 to 40,000,001

87,954,895

6.60

120

5.28

0.00

40,000,001 to 45,000,001

49,694,086

3.73

116

5.35

0.00

45,000,001 to 50,000,001

253,351,473

19.01

4.98

0.00

50,000,001 to 75,000,001

0.00

75,000,001 to 100,000,001

125,000,000

9.38

295

5.36

0.00

100,000,001 to 125,000,001

130,000,000

9.76

118

4.98

0.00

125,000,001 to 150,000,001

0.00

150,000,001 to 175,000,001

0.00

175,000,001 &

Above

130,000,000

994,125

1,332,565,773

100.00%

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

14,176,232

Current Mortgage

Interest Rate

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

75,000,000

5.63

4.18

0.00

4.000%

4.250%

31,195,268

2.34

4.43

0.00

4.251%

4.500%

0.00

4.501%

4.750%

224,222,113

16.83

117

4.96

0.00

4.751%

5.000%

226,398,565

16.99

5.18

0.00

5.001%

5.250%

441,616,104

33.14

167

5.38

0.00

5.251%

5.500%

119,529,245

8.97

5.65

0.00

5.501%

5.750%

87,994,322

6.60

107

5.86

0.00

5.751%

6.000%

104,745,650

7.86

128

6.13

0.00

6.001%

6.250%

7,236,761

0.54

118

6.44

0.00

6.251%

6.500%

4,639,116

0.35

135

6.61

0.00

6.501%

6.750%

0.00

6.751%

7.000%

8,345,767

0.63

233

7.16

0.00

7.001%

7.250%

0.00

7.251%

7.500%

0.00

7.501%

Above

1,330,922,911

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

99.88%

4.180%
7.160%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

121

0.00

122

Above

0.00%

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

141,359,848

10.61

4.52

0.00

167,312,655

12.56

5.45

0.00

831,404,892

62.39

117

5.41

0.00

121

42,954,895

3.22

125

5.06

0.00

122

151

12,358,144

0.93

176

6.01

0.00

152

181

0.00

182

211

8,345,767

0.63

233

7.16

0.00

212

& Above

295

1,203,736,200

Minimum Remaining Term

Maximum Remaining Term

90.33

Deutsche Mortgage & Asset Receiving Corporation

Mortgage Loan Characteristics

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

Comm 2004 LNB3

30-Jul-04

10-Sep-04

12-Jul-04

10-Aug-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 23 of 31

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

0.500 0.750

0.00

0.751 1.000

0.00

1.001 1.250

0.00

1.251 1.500

0.00

1.501 1.750

0.00

1.751 2.000

0.00

2.001 2.250

0.00

2.251 2.500

0.00

2.501 2.750

0.00

2.751 3.000

0.00

3.001 3.250

0.00

3.251 3.500

0.00

3.501 3.750

0.00

3.751 4.000

0.00

4.001 & Above

1,332,565,773

100.00

125

5.32

0.00

Unknown

0.000
0.000

1,332,565,773

100.00%

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

0.500 0.750

0.00

0.751 1.000

271,077,004

20.34

100

5.56

0.00

1.001 1.250

666,201,250

49.99

147

5.40

0.00

1.251 1.500

49,648,359

3.73

112

5.45

0.00

1.501 1.750

140,639,160

10.55

118

5.35

0.00

1.751 2.000

0.00

2.001 2.250

130,000,000

9.76

118

4.98

0.00

2.251 2.500

0.00

2.501 2.750

0.00

2.751 3.000

0.00

3.001 3.250

0.00

3.251 3.500

75,000,000

5.63

4.18

0.00

3.501 3.750

0.00

3.751 4.000

0.00

4.001 & Above

3.620

1.200

1,332,565,773 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

New York

220,709,080

16.56

208

5.17

0.00

CMBS Certificate

187,541,756

14.07

4.95

0.00

California

186,529,009

14.00

113

5.52

0.00

New Jersey

158,145,866

11.87

113

5.14

0.00

Virginia

148,860,767

11.17

113

5.39

0.00

Texas

99,595,830

7.47

116

5.32

0.00

Delaware

61,704,895

4.63

112

5.10

0.00

Florida

49,201,947

3.69

5.42

0.00

Pennsylvania

46,605,564

3.50

5.39

0.00

Arkansas

38,369,252

2.88

119

6.13

0.00

Illinois

21,711,858

1.63

147

5.90

0.00

Arizona

17,310,234

1.30

117

5.94

0.00

New Hampshire

12,368,847

0.93

118

6.11

0.00

North Carolina

10,475,239

0.79

116

5.63

0.00

Georgia

10,391,516

0.78

119

6.06

0.00

Maryland

8,181,236

0.61

118

4.96

0.00

Tennessee

6,810,793

0.51

129

6.15

0.00

Rhode Island

5,980,597

0.45

117

5.15

0.00

South Carolina

4,577,678

0.34

115

5.69

0.00

Massachusetts

4,394,274

0.33

119

5.90

0.00

Wisconsin

4,286,695

0.32

117

5.35

0.00

Washington

3,721,348

0.28

118

5.48

0.00

Alabama

3,590,011

0.27

117

5.83

0.00

Ohio

3,539,710

0.27

117

5.64

0.00

Nebraska

3,520,000

0.26

5.20

0.00

Colorado

3,384,656

0.25

118

6.42

0.00

Minnesota

3,284,791

0.25

117

5.22

0.00

Mississippi

2,792,176

0.21

117

5.80

0.00

Kentucky

2,584,329

0.19

116

5.44

0.00

Michigan

2,395,822

0.18

118

6.22

0.00

100.00

1,332,565,773

Deutsche Mortgage & Asset Receiving Corporation

Mortgage Loan Characteristics

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

Comm 2004 LNB3

30-Jul-04

10-Sep-04

12-Jul-04

10-Aug-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Loan Seasoning

Distribution of Property Types

Distribution of Year Loans Maturing

Distribution of Amortization Type

Page 24 of 31

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Office

522,102,560

39.18

150

5.50

0.00

Retail

419,796,731

31.50

111

5.09

0.00

Multifamily

266,995,803

20.04

103

5.24

0.00

Industrial

74,336,788

5.58

118

5.49

0.00

Mobile home park

28,237,313

2.12

108

5.75

0.00

Other

15,950,712

1.20

117

5.37

0.00

Self storage

5,145,866

0.39

117

5.60

0.00

1,332,565,773

100.00%

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

354,557,528

26.61

116

5.48

0.00

IO Maturity Balloon

205,000,000

15.38

4.69

0.00

IO/Amortizing/Balloon

773,008,245

58.01

137

5.42

0.00

1,332,565,773

100.00%

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

1,332,565,773

100.00

125

0.00

5.32

0.00

100

0.00

101

1,332,565,773

100.00%

Year

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

2004

0.00

2005

0.00

2006

0.00

2007

0.00

2008

141,359,848

10.61

4.52

0.00

2009

0.00

2010

167,312,655

12.56

5.45

0.00

2011

0.00

2012

20,916,675

1.57

112

5.57

0.00

2013

810,488,217

60.82

117

5.40

0.00

2014

192,488,378

14.44

246

5.43

0.00

2015 & Greater

100.00

1,332,565,773

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Specially Serviced (Part I) ~ Loan Detail (End of Period)

Disclosure

Control #

Servicing

Xfer Date

Balance

Note
Rate

Maturity

Date

Remaining

Property

Type

Geo.

Location

NOI

DSCR

NOI
Date

Schedule

Actual

Life

Statement Date:

Loan

Status

Code(1)

Page 25 of 31

(1) Legend:

A. P&I Adv - in Grace Period
B. P&I Adv - < one month delinq

1. P&I Adv - delinquent 1 month
2. P&I Adv - delinquent 2 months

3. P&I Adv - delinquent 3+ months
4. Mat. Balloon/Assumed P&I

7. Foreclosure

9. REO

5. Non Performing Mat. Balloon

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Specially Serviced Loan Detail (Part II) ~ Servicer Comments (End of Period)

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Page 26 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 27 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Defeased Loans

Statement Date:

Disclosure
Control #

Page 28 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Historical Collateral Level REO Report

Property

Type

Statement Date:

State

Actual

Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Realized

Loss

Disclosure

Control #

REO

Date

City

Appraisal

Date

ABN AMRO Acct: 721875.1

Page 29 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Appraisal Reduction Detail

Disclosure

Control#

Appraisal
Red. Date

Scheduled

Balance

ASER

Note
Rate

Maturity

Date

Property

Type

Geographic

Location

Appraisal

Value Date

DSCR

Statement Date:

Remaining Term

Life

ARA

Amount

Current P&I

Advance

Page 30 of 31

Deutsche Mortgage & Asset Receiving Corporation

Payment Date:
Prior Payment:
Next Payment:
Record Date:

10-Aug-04
10-Aug-04

12-Jul-04

10-Sep-04

30-Jul-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation

Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

Current Total
Cumulative

Page 31 of 31

* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

COMM 2004-LNB3 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES 8-K