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) ~~February~~April 18, 2005

First Union Commercial Mortgage Securities, Inc. (as depositor under the Pooling and Servicing Agreement, dated as of November 1, 1997, providing for the issuance of Mortgage Pass-Through Certificates, Series 1997-C2)
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-7854
(Commission
File Number)

56-1643598
(IRS Employer
Identification No.)

One First Union Center, Charlotte, North Carolina
(Address of principal executive offices)

28228-0600
(Zip Code)

Registrant's telephone number, including area code 704-374-6828

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 8 - Other Events

Item 8.01. Other Events.

This current report on Form 8-K relates to the monthly distribution reported to the holders of First Union Commercial Mortgage Securities, Inc., Mortgage Pass-Through Certificates, Series 1997-C2, which was made on ~~February~~April 18, 2005.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to Section 4.02 of the Pooling and Servicing Agreement for the distribution on ~~February~~April 18, 2005.

(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 NATIONAL BANK, IN ITS CAPACITY AS TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF FIRST UNION COMMERCIAL MORTGAGE SECURITIES, INC., REGISTRANT

By: /s/ Russell Goldenberg Russell Goldenberg Group Senior Vice President Date: ~~February~~April 2421, 2005

First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: ABN AMRO Acct: 720129.2 WAC: 8.336068% Andy Streepey (800) 246-5761 WAMM: 80 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Number Of Pages Table Of Contents 1 REMIC Certificate Report 4 Other Related Information 4 Asset Backed Facts Sheets 1 Delinquency Loan Detail 1 Mortgage Loan Characteristics 2 Loan Level Listing 15 Total Pages Included In This Package 28 Specially Serviced Loan Detail Appendix A Modified Loan Detail Appendix B Realized Loss Detail Appendix C Interest Adjustment Summary Appendix D Information is available for this issue from the following sources LaSalle Web Site www.etrustee.net Servicer Web Site www.wachovia.com Monthly Data File Name: FUCM97C2_200502_3.ZIP Page 1 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 WAC: 8.336068% 135 S. LaSalle Street Suite 1625 Remic III WAMM: 80 Chicago, IL 60603-4159 Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Class Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment Adjustment Rate (2) CUSIP Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Next Rate (3) A-1 220,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.47900000% 33736LAP0 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 Fixed A-2 384,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.60000000% 33736LAQ8 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 Fixed A-3 982,521,000.00 785,479,587.63 10,270,934.36 0.00 0.00 775,208,653.27 4,540,968.94 188,102.89 6.65000000% 33736LAR6 1000.000000000 799.453230649 10.453653774 0.000000000 0.000000000 788.999576874 4.621752553 0.191449231 Fixed IO 2,203,502,325.00 N 1,380,363,404.71 0.00 0.00 0.00 1,370,092,470.35 1,727,282.68 77,590.95 1.43413689% 33736LAW5 1000.000000000 626.440639090 0.000000000 0.000000000 0.000000000 621.779453012 0.783880580 0.035212556 1.00014861% B 110,175,000.00 110,175,000.00 0.00 0.00 0.00 110,175,000.00 623,406.88 0.00 6.79000000% 33736LAS4 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.658333379 0.000000000 Fixed C 110,175,000.00 110,175,000.00 0.00 0.00 0.00 110,175,000.00 644,523.75 0.00 7.02000000% 33736LAT2 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.850000000 0.000000000 Fixed D 121,194,000.00 121,194,000.00 0.00 0.00 0.00 121,194,000.00 719,084.40 0.00 7.12000000% 33736LAU9 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.933333333 0.000000000 Fixed E 33,052,000.00 33,052,000.00 0.00 0.00 0.00 33,052,000.00 196,108.53 0.00 7.12000000% 33736LAV7 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.933333232 0.000000000 Fixed F 66,105,000.00 66,105,000.00 0.00 0.00 0.00 66,105,000.00 413,156.25 0.00 7.50000000% 33736LAX3 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.250000000 0.000000000 7.50000000% G 49,578,000.00 49,578,000.00 0.00 0.00 0.00 49,578,000.00 309,862.50 0.00 7.50000000% 33736LAY1 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.250000000 0.000000000 7.50000000% H 16,527,208.00 16,527,208.00 0.00 0.00 0.00 16,527,208.00 103,295.05 0.00 7.50000000% 33736LAZ8 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.250000000 0.000000000 7.50000000% J 44,070,046.00 44,070,046.00 0.00 0.00 0.00 44,070,046.00 187,405.02 (32,945.21) 6.00000000% 33736LBA2 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 4.252435316 -0.747564684 6.00000000% K 22,035,023.00 22,035,023.00 0.00 0.00 0.00 22,035,023.00 0.00 (110,175.12) 6.00000000% 33736LBB0 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 0.000000000 -5.000000227 6.00000000% L 27,543,779.00 21,972,540.08 0.00 0.00 0.00 21,972,540.08 0.00 (109,862.71) 6.00000000% 33736LBC8 1000.000000000 797.731497918 0.000000000 0.000000000 0.000000000 797.731497918 0.000000000 -3.988657838 6.00000000% M 16,526,269.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.00000000% 33736LBE4 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 6.00000000% Page 2 of 28 Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 WAC: 8.336068% 135 S. LaSalle Street Suite 1625 WAMM: 80 Chicago, IL 60603-4159 Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Class Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment Adjustment Rate (2) CUSIP Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Next Rate (3) R-III 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9ABSA909 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 2,203,502,325.00 1,380,363,404.71 10,270,934.36 0.00 0.00 1,370,092,470.35 9,465,094.00 12,710.80 Total P&I Payment 19,736,028.36 Page 3 of 28 Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 WAC: 8.336068% 135 S. LaSalle Street Suite 1625 Remic II WAMM: 80 Chicago, IL 60603-4159 Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Class Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment Adjustment Rate (2) CUSIP Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Next Rate (3) M 220,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.21729972% None 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 7.78430970% N 384,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.21729972% None 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 7.78430970% O 982,521,000.00 785,479,587.63 10,270,934.36 0.00 0.00 775,208,653.27 5,566,870.55 188,102.89 8.21729972% None 1000.000000000 799.453230649 10.453653774 0.000000000 0.000000000 788.999576874 5.665904902 0.191449231 7.78430970% P 110,175,000.00 110,175,000.00 0.00 0.00 0.00 110,175,000.00 832,041.78 77,590.95 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.552001634 0.704251872 7.78430970% Q 110,175,000.00 110,175,000.00 0.00 0.00 0.00 110,175,000.00 754,450.83 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749762 0.000000000 7.78430970% R 121,194,000.00 121,194,000.00 0.00 0.00 0.00 121,194,000.00 829,906.19 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749806 0.000000000 7.78430970% S 33,052,000.00 33,052,000.00 0.00 0.00 0.00 33,052,000.00 226,331.83 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749909 0.000000000 7.78430970% T 66,105,000.00 66,105,000.00 0.00 0.00 0.00 66,105,000.00 452,670.50 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749792 0.000000000 7.78430970% U 49,578,000.00 49,578,000.00 0.00 0.00 0.00 49,578,000.00 339,497.74 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749808 0.000000000 7.78430970% V 16,527,208.00 16,527,208.00 0.00 0.00 0.00 16,527,208.00 113,174.18 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749481 0.000000000 7.78430970% W 44,070,046.00 44,070,046.00 0.00 0.00 0.00 44,070,046.00 301,780.65 0.00 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.847749830 0.000000000 7.78430970% X 22,035,023.00 22,035,023.00 0.00 0.00 0.00 22,035,023.00 48,369.75 (102,520.57) 8.21729972% None 1000.000000000 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 2.195130452 -4.652619151 7.78430970% Y 27,543,779.00 21,972,540.08 0.00 0.00 0.00 21,972,540.08 0.00 (150,462.47) 8.21729972% None 1000.000000000 797.731497918 0.000000000 0.000000000 0.000000000 797.731497918 0.000000000 -5.462666180 7.78430970% Z 16,526,269.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.21729972% None 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 7.78430970% R-II 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9ABSA893 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 2,203,502,325.00 1,380,363,404.71 10,270,934.36 0.00 0.00 1,370,092,470.35 9,465,094.00 12,710.80 Total P&I Payment 19,736,028.36 Page 4 of 28 Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 WAC: 8.336068% 135 S. LaSalle Street Suite 1625 Remic I WAMM: 80 Chicago, IL 60603-4159 Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Class Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment Adjustment Rate (2) CUSIP Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Per $1,000 Next Rate (3) Regular 2,203,502,325.00 1,380,363,404.71 10,270,934.36 0.00 0.00 1,370,092,470.35 9,465,094.00 12,710.80 8.21729972% None 1000.000000000 626.440639090 4.661186078 0.000000000 0.000000000 621.779453012 4.295477201 0.005768453 7.78430970% R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9ABSA892 1000.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 2,203,502,325.00 1,380,363,404.71 10,270,934.36 0.00 0.00 1,370,092,470.35 9,465,094.00 12,710.80 Total P&I Payment 19,736,028.36 Page 5 of 28 Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Other Related Information Chicago, IL 60603-4159 Accrued Excess Beginning Payment of Ending Yield Certificate Prepay Interest Unpaid Prior Unpaid Unpaid Maintenance Prepayment Class Interest Shortfall Interest Interest Interest Charges Premiums A-1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-3 4,352,866.05 0.00 0.00 0.00 0.00 108,937.00 79,165.89 IO 1,649,691.73 0.00 0.00 0.00 0.00 47,106.27 30,484.68 B 623,406.88 0.00 0.00 0.00 0.00 0.00 0.00 C 644,523.75 0.00 0.00 0.00 0.00 0.00 0.00 D 719,084.40 0.00 0.00 0.00 0.00 0.00 0.00 E 196,108.53 0.00 0.00 0.00 0.00 0.00 0.00 F 413,156.25 0.00 0.00 0.00 0.00 0.00 0.00 G 309,862.50 0.00 0.00 0.00 0.00 0.00 0.00 H 103,295.05 0.00 0.00 0.00 0.00 0.00 0.00 J 220,350.23 0.00 0.00 0.00 32,945.21 0.00 0.00 K 110,175.12 0.00 225,442.72 0.00 335,617.84 0.00 0.00 L 109,862.70 0.00 1,943,839.54 0.00 2,053,702.25 0.00 0.00 M 0.00 0.00 1,559,087.98 0.00 1,559,087.98 0.00 0.00 Total: 9,452,383.19 0.00 3,728,370.24 0.00 3,981,353.28 156,043.27 109,650.57 Advances Principal Interest Principal Interest Principal Interest Principal Interest Servicer 1,910,463.35 8,756,260.13 130,942.19 545,501.51 32,782.05 147,056.28 2,008,623.49 9,154,705.35 Trustee: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Fiscal Agent: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,910,463.35 8,756,260.13 130,942.19 545,501.51 32,782.05 147,056.28 2,008,623.49 9,154,705.35 Page 6 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Outstanding Prior Outstanding Current Period Recovered First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Other Related Information Chicago, IL 60603-4159 Servicing Compensation Current Period Primary Master Servicing Fees Paid: 46,012.11 Current Period Sub Servicer Fees Paid: 76,228.91 Current Period Additional Servicing Fees Paid: 11,503.03 Current Period Additional Master Servicing Compensation Paid: 0.00 Current Period Special Servicing Fees Paid: 23,226.90 Current Period Principal Recovery Fees Paid to Special Servicer: 577.29 Total Servicing Fees: 157,548.24 General Pool Information Available Distribution Amount for current Distribution Date: 19,736,028.36 Number of Outstanding Mortgage Loans in Pool: 297 Aggregate Stated Principal Balance before current Distribution Date: 1,380,363,404.71 Aggregate Stated Principal Balance after current Distribution Date: 1,370,092,470.35 Percentage of Remaining Cut-off Date Principal Balance: 62.18% Current Principal Distribution Amount: 10,270,934.36 Prepayments in Full 7,905,351.50 Other Principal Adjustments / Curtailments 0.00 Liquidation Proceeds 0.00 Insurance Proceeds 0.00 REO Proceeds 0.00 Repurchase Proceeds 0.00 Substitution Proceeds 0.00 Current Realized Losses of Principal allocated to Certificates: 0.00 Cumulative Realized Losses of Principal allocated to Certificates: 22,097,507.92 Realized Losses of Principal remaining unallocated: 0.00 Current Additional Trust Fund Expenses: 73,690.14 Cumulative Additional Trust Fund Expenses: 1,106,276.57 Additional Trust Fund Expenses remaining unallocated: 0.00 Page 7 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Other Related Information Chicago, IL 60603-4159 REO Property Information Scheduled Ending Actual Ending Date of Amount of Amount of Realized Loan Number Date of REO Principal Balance Principal Balance Final Recovery Proceeds Expenses Loss 1. 239 7/12/2002 - - 10/1/2003 1,397,559.62 1,289,780 2,477,964.15 2. 308 9/16/2002 - - 8/1/2003 1,989,994.64 557,629 551,707.62 3. 198 12/3/2002 - - 8/1/2003 1,906,497.03 543,821 2,048,775.79 4. 257 12/3/2002 - - 4/29/2004 1,374,873.50 1,374,874 2,460,266.56 5. 23 11/4/2003 16,126,259 17,073,392 N/A N/A 3,512,738 N/A 6. 34 12/1/2003 12,421,988 12,751,189 N/A N/A 1,919,249 N/A 7. 101 4/1/2004 5,526,952 5,765,389 N/A N/A 1,348,950 N/A 8 66 12/6/2004 6,451,018 6,655,519 N/A N/A N/A N/A Delinquent Loans (One Month or More) Type of Environmental Loan Number Delinquency Notice Sent Assessment Description of Status 1. 23 90 + days NA NA Transferred to special servicer 8/1/02. 2. 34 90 + days NA NA Transferred to special servicer 7/25/01. 3. 53 90 + days NA NA Transferred to special servicer 10/01/04. 4. 54 90 + days NA NA Transferred to special servicer 10/01/04. 5. 66 90 + days NA NA Transferred to special servicer 3/2/04. 6. 101 90 + days NA NA Transferred to special servicer 4/29/03. 7. 204 90 + days NA NA Transferred to special servicer 02/05/2004. 8. 249 90 + days NA NA Transferred to special servicer 9/19/02. 9. 337 90 + days NA NA Transferred to special servicer 12/11/03. Page 8 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Other Related Information Chicago, IL 60603-4159 Liquidation Loans Nature of Liquidation Realized Basis for Loan Number Liquidation Event Proceeds Loss Final Recovery 1. 211 2,047,939.01 1,156,716.09 2. 247 1,513,102.93 1,092,508.85 3. 42 5,486,728.28 5,036,423.81 4. 198 1,906,497.03 2,048,775.79 5. 308 1,976,118.50 565,583.76 6. 39 6,000,000.00 5,983,458.18 7. 239 1,397,559.62 2,477,964.15 8. 217 2,051,497.01 1,263,758.29 9. 257 1,374,873.50 2,460,266.56 10. 108 5,638,573.78 13,072.78 Page 9 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Realized Loss Realized Loss Realized Loss Realized Loss Realized Loss Realized Loss Realized Loss Loan liquidation with realized loss.Loan liquidation with realized loss. Realized Loss Loan liquidation with realized loss.Loan liquidation with realized loss. Loan liquidation with realized loss. Loan liquidation with realized loss. Loan liquidation with realized loss. Loan liquidation with realized loss. Realized Loss Loan liquidation with realized loss. Loan liquidation with realized loss. Realized Loss First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Distribution Delinq 1 Month Delinq 2 Months Delinq 3+ Months Foreclosure/Bankruptcy REO Modifications Prepayments Curr Weighted Avg. Date # Balance # Balance # Balance # Balance # Balance # Balance # Balance Coupon Remit 02/18/05 0 0 0 0 3 11,055,975 4 23,091,297 4 40,526,218 0 0 2 7,905,352 8.3361% 8.2173% 0.00% 0.000% 0.00% 0.000% 1.00% 0.801% 1.34% 1.673% 1.34% 2.936% 0.00% 0.000% 0.67% 0.573% 01/18/05 0 0 0 0 4 12,440,565 4 23,106,033 4 40,602,369 0 0 8 27,930,861 8.3330% 8.2145% 0.00% 0.000% 0.00% 0.000% 1.30% 0.882% 1.30% 1.638% 1.30% 2.878% 0.00% 0.000% 2.61% 1.980% 12/20/04 0 0 3 9,578,207 5 18,115,546 5 29,619,484 3 34,181,339 0 0 4 25,653,815 8.1854% 8.0669% 0.00% 0.000% 0.96% 0.666% 1.61% 1.259% 1.61% 2.058% 0.96% 2.375% 0.00% 0.000% 1.29% 1.783% 11/18/04 0 0 0 0 5 18,173,219 5 29,660,962 3 34,237,715 0 0 2 10,058,900 8.3255% 8.2070% 0.00% 0.000% 0.00% 0.000% 1.60% 1.244% 1.60% 2.030% 0.96% 2.343% 0.00% 0.000% 0.64% 0.688% 10/18/04 0 0 2 11,780,019 4 15,776,185 5 29,704,439 3 34,289,798 0 0 2 11,749,177 8.1931% 8.0742% 0.00% 0.000% 0.63% 0.797% 1.27% 1.068% 1.58% 2.010% 0.95% 2.320% 0.00% 0.000% 0.63% 0.795% 09/20/04 2 11,791,776 0 0 5 18,373,199 2 7,240,463 2 28,765,086 0 0 2 2,213,944 8.3441% 8.2252% 0.63% 0.795% 0.00% 0.000% 1.57% 1.239% 0.63% 0.488% 0.63% 1.940% 0.00% 0.000% 0.63% 0.149% 08/18/04 0 0 3 25,569,468 4 11,832,522 2 7,253,057 2 28,805,959 0 0 5 10,588,710 8.3441% 8.2252% 0.00% 0.000% 0.93% 1.710% 1.24% 0.791% 0.62% 0.485% 0.62% 1.926% 0.00% 0.000% 1.55% 0.708% 07/19/04 2 18,990,980 1 6,610,748 4 11,858,607 2 7,265,557 2 28,846,539 0 0 5 52,113,457 8.2081% 8.0890% 0.61% 1.225% 0.30% 0.426% 1.22% 0.765% 0.61% 0.469% 0.61% 1.861% 0.00% 0.000% 1.52% 3.362% 06/18/04 3 25,635,398 0 0 4 11,887,266 2 7,277,965 2 28,890,745 0 0 3 35,433,804 8.3482% 8.2293% 0.90% 1.604% 0.00% 0.000% 1.20% 0.744% 0.60% 0.455% 0.60% 1.808% 0.00% 0.000% 0.90% 2.217% 05/18/04 2 19,011,613 0 0 5 17,342,119 2 7,290,280 2 28,930,718 0 0 5 15,507,731 8.2003% 8.0816% 0.59% 1.170% 0.00% 0.000% 1.47% 1.067% 0.59% 0.449% 0.59% 1.780% 0.00% 0.000% 1.47% 0.954% 04/19/04 2 19,021,801 2 8,399,665 6 22,727,689 0 0 3 31,434,599 0 0 3 5,585,180 8.3512% 8.2324% 0.58% 1.162% 0.58% 0.513% 1.74% 1.389% 0.00% 0.000% 0.87% 1.921% 0.00% 0.000% 0.87% 0.341% 03/18/04 3 24,474,912 0 0 6 22,799,220 1 3,017,372 3 31,475,973 0 0 3 9,139,316 8.0522% 7.9330% 0.86% 1.482% 0.00% 0.000% 1.72% 1.380% 0.29% 0.183% 0.86% 1.905% 0.00% 0.000% 0.86% 0.553% 02/18/04 2 19,041,921 0 0 7 26,221,530 1 3,023,148 3 31,526,076 0 0 2 6,736,253 8.3499% 8.2306% 0.57% 1.146% 0.00% 0.000% 2.00% 1.578% 0.29% 0.182% 0.86% 1.898% 0.00% 0.000% 0.57% 0.406% 01/20/04 1 2,504,948 0 0 7 26,295,013 1 3,027,379 3 31,566,794 0 0 1 2,120,919 8.3496% 8.2303% 0.28% 0.150% 0.00% 0.000% 1.99% 1.579% 0.28% 0.182% 0.85% 1.895% 0.00% 0.000% 0.28% 0.127% 12/18/03 1 6,708,424 3 8,159,983 5 30,845,071 1 3,031,578 2 18,970,144 0 0 4 21,092,504 8.2054% 8.0863% 0.28% 0.397% 0.85% 0.483% 1.41% 1.826% 0.28% 0.179% 0.56% 1.123% 0.00% 0.000% 1.13% 1.248% 11/18/03 2 6,496,621 1 3,356,764 5 30,596,854 1 16,528,397 1 2,471,814 0 0 2 5,647,062 8.3551% 8.2360% 0.56% 0.383% 0.28% 0.198% 1.40% 1.801% 0.28% 0.973% 0.28% 0.146% 0.00% 0.000% 0.56% 0.332% Page 10 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Delinquent Loan Detail Paid Outstanding Out. Property Special Disclosure Doc Thru Current P&I P&I Protection Advance Servicer Foreclosure Bankruptcy REO Control # Date Advance Advances** Advances Description (1) Transfer Date Date Date Date 101 02/01/03 52,762.42 1,265,912.05 0.00 9 04/25/03 04/01/04 339 01/01/05 15,296.20 15,296.20 0.00 B 54 09/01/04 33,855.45 135,417.76 0.00 3 10/01/04 379 01/01/05 10,619.67 10,619.67 0.00 B 205 01/01/05 27,918.48 27,918.48 0.00 B 23 12/01/01 145,233.72 5,516,611.40 0.00 9 08/27/01 11/04/03 296 01/01/05 17,345.28 17,345.28 0.00 B 369 01/01/05 12,873.42 12,873.42 0.00 B 11/22/04 52 01/01/05 72,614.24 72,614.24 0.00 B 34 04/01/03 99,068.09 2,179,233.80 0.00 9 07/05/01 12/02/03 337 10/01/03 10,382.85 199,626.86 0.00 7 12/10/03 03/18/04 53 09/01/04 44,057.75 176,227.82 0.00 3 10/01/04 66 05/01/04 73,271.65 659,382.91 0.00 9 03/02/04 12/22/04 396 01/01/05 9,908.79 9,908.79 0.00 B 249 02/01/03 20,800.45 499,163.10 0.00 7 09/19/02 08/12/04 204 01/01/04 30,435.24 365,177.06 0.00 3 02/05/04 Total 676,443.70 11,163,328.84 0.00 A. P&I Advance - Loan in Grace Period 2. P&I Advance - Loan delinquent 2 months 7. P&I Advance - Loan in Foreclosure B. P&I Advance - Late Payment but < one month delinq 3. P&I Advance - Loan delinquent 3 months or More 8. P&I Advance - Loan in Bankruptcy 1. P&I Advance - Loan delinquent 1 month 4. Matured Balloon/Assumed Scheduled Payment 9. P&I Advance - REO Loan ** Outstanding P&I Advances include the current period P&I Advance Page 11 of 28 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Pool Total Chicago, IL 60603-4159 Distribution of Principal Balances Distribution of Property Types Geographic Distribution Current Scheduled Number Scheduled Based on Number Scheduled Based on Number Scheduled Based on Balances of Loans Balance Balance Property Types of Loans Balance Balance Geographic Location of Loans Balance Balance $0 to $1,000,000 23 18,625,894 1.36% Retail 141 550,834,354 40.20% Florida 43 250,254,877 18.27% $1,000,000 to $2,000,000 86 127,761,550 9.33% Multifamily 78 343,184,956 25.05% New York 18 182,063,388 13.29% $2,000,000 to $3,000,000 51 121,501,131 8.87% Office 27 214,941,582 15.69% California 22 116,433,145 8.50% $3,000,000 to $4,000,000 31 109,539,703 8.00% Lodging 23 142,635,740 10.41% Texas 30 107,386,852 7.84% $4,000,000 to $6,000,000 46 221,698,980 16.18% Health Care 11 65,565,933 4.79% Georgia 27 74,583,292 5.44% $6,000,000 to $8,000,000 22 149,635,391 10.92% Industrial 7 29,413,500 2.15% Missouri 5 56,412,166 4.12% $8,000,000 to $10,000,000 9 82,638,113 6.03% Other 5 11,597,769 0.85% Pennsylvania 14 55,588,514 4.06% $10,000,000 to $12,000,000 3 34,481,455 2.52% Mixed Use 2 5,889,905 0.43% New Jersey 10 51,941,873 3.79% $12,000,000 to $14,000,000 5 64,221,341 4.69% Mobile Home 2 4,235,922 0.31% Michigan 8 41,726,234 3.05% $14,000,000 to $16,000,000 5 76,699,510 5.60% Self Storage 1 1,792,811 0.13% Ohio 16 39,740,842 2.90% $16,000,000 to $18,000,000 3 50,186,097 3.66% Virginia 14 37,883,837 2.77% $18,000,000 to $20,000,000 3 55,900,689 4.08% North Carolina 10 34,315,489 2.50% $20,000,000 to $22,000,000 3 63,420,230 4.63% Total 297 1,370,092,470 100.00% Tennessee 5 28,457,968 2.08% $22,000,000 to $24,000,000 1 22,824,380 1.67% Utah 2 28,268,123 2.06% $24,000,000 to $28,000,000 4 104,686,096 7.64% Distribution of Mortgage Interest Rates Illinois 2 27,956,080 2.04% $28,000,000 to $32,000,000 1 30,518,723 2.23% Current Mortgage Number Scheduled Based on Connecticut 5 26,954,868 1.97% $32,000,000 to $34,000,000 0 0 0.00% Interest Rate of Loans Balance Balance Alabama 6 23,099,572 1.69% $34,000,000 to $38,000,000 1 35,753,188 2.61% 7.000% or less 0 0 0.00% Maryland 6 21,320,597 1.56% $38,000,000 to $44,000,000 0 0 0.00% 7.000% to 7.500% 22 203,339,573 14.84% Kansas 7 19,615,856 1.43% $44,000,000 & Above 0 0 0.00% 7.500% to 8.000% 78 379,999,167 27.74% Wisconsin 4 19,486,529 1.42% Total 297 1,370,092,470 100.00% 8.000% to 8.500% 102 457,044,402 33.36% Louisiana 1 18,589,187 1.36% Average Scheduled Balance is 4,582,249 8.500% to 9.000% 59 215,666,711 15.74% Arizona 7 17,534,198 1.28% Maximum Scheduled Balance is 35,753,188 9.000% to 9.500% 27 77,528,243 5.66% Indiana 7 16,438,729 1.20% Minimum Scheduled Balance is 533,746 9.500% to 10.000% 3 6,230,665 0.45% South Carolina 5 15,038,433 1.10% 10.000% to 10.500% 6 30,283,709 2.21% Minnesota 5 14,834,072 1.08% 10.500% to 11.000% 0 0 0.00% Colorado 3 11,801,147 0.86% 11.000% to 11.500% 0 0 0.00% Oklahoma 2 6,908,861 0.50% 11.500% to 12.000% 0 0 0.00% Washington 3 5,426,193 0.40% 12.000% to 12.500% 0 0 0.00% Massachusetts 2 5,396,338 0.39% 12.500% to 13.000% 0 0 0.00% Arkansas 2 5,060,878 0.37% 13.000% to 13.500% 0 0 0.00% Other 6 9,574,332 0.70% 13.500% & Above 0 0 0.00% Total 297 1,370,092,470 100.00% Total 297 1,370,092,470 100.00% W/Avg Mortgage Interest Rate is 8.3361% Minimum Mortgage Interest Rate is 7.0650% Maximum Mortgage Interest Rate is 10.5000% 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 12 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Pool Total Chicago, IL 60603-4159 Loan Seasoning Distribution of Remaining Term Distribution of DSCR Number Scheduled Based on Fully Amortizing Debt Service Number Scheduled Based on Number of Years of Loans Balance Balance Fully Amortizing Number Scheduled Based on Coverage Ratio (1) of Loans Balance Balance 1 year or less 0 0 0.00% Mortgage Loans of Loans Balance Balance 0.500 or less 1 2,086,890 0.15% 1+ to 2 years 0 0 0.00% 60 months or less 5 10,295,105 0.75% 0.500 to 0.625 0 0 0.00% 2+ to 3 years 0 0 0.00% 61 to 120 months 2 4,065,953 0.30% 0.625 to 0.750 1 653,215 0.05% 3+ to 4 years 0 0 0.00% 121 to 180 months 53 104,112,990 7.60% 0.750 to 0.875 1 1,056,963 0.08% 4+ to 5 years 0 0 0.00% 181 to 240 months 10 72,619,392 5.30% 0.875 to 1.000 1 2,530,209 0.18% 5+ to 6 years 0 0 0.00% 241 to 360 months 7 35,673,930 2.60% 1.000 to 1.125 9 12,585,591 0.92% 6+ to 7 years 0 0 0.00% Total 77 226,767,371 16.55% 1.125 to 1.250 3 8,639,378 0.63% 7+ to 8 years 279 1,336,843,966 97.57% Weighted Average Months to Maturity is 181 1.250 to 1.375 5 10,179,435 0.74% 8+ to 9 years 18 33,248,504 2.43% 1.375 to 1.500 8 18,285,833 1.33% 9+ to 10 years 0 0 0.00% 1.500 to 1.625 7 34,638,125 2.53% 10 years or more 0 0 0.00% 1.625 to 1.750 6 13,921,160 1.02% Total 297 1,370,092,470 100.00% 1.750 to 1.875 3 11,104,189 0.81% Weighted Average Seasoning is 7.4 1.875 to 2.000 3 6,429,602 0.47% 2.000 to 2.125 1 1,943,125 0.14% 2.125 & above 2 4,148,885 0.30% Unknown 246 1,241,889,871 90.64% Total 297 1,370,092,470 100.00% Weighted Average Debt Service Coverage Ratio is 1.492 Distribution of Amortization Type Number Scheduled Based on Distribution of Remaining Term Amortization Type of Loans Balance Balance Balloon Loans NOI Aging Fully Amortizing 63 205,076,033 14.97% Balloon Number Scheduled Based on Number Scheduled Based on Amortizing Balloon 211 1,022,727,695 74.65% Mortgage Loans of Loans Balance Balance NOI Date of Loans Balance Balance Interest Only / Amortizing / Balloon 5 63,379,352 4.63% 12 months or less 1 16,126,259 1.18% 1 year or less 0 0 0.00% Other 18 78,909,390 5.76% 13 to 24 months 2 3,230,384 0.24% 1 to 2 years 0 0 0.00% 25 to 36 months 171 715,105,180 52.19% 2 Years or More 51 128,202,599 9.36% 37 to 48 months 1 2,987,891 0.22% Unknown 246 1,241,889,871 90.64% 49 to 60 months 0 0 0.00% Total 297 1,370,092,470 100.00% 61 to 120 months 25 292,023,244 21.31% 121 to 180 months 15 71,860,913 5.24% 181 to 240 months 5 41,991,227 3.06% Total 297 1,370,092,470 100.00% Total 220 1,143,325,099 83.45% Weighted Average Months to Maturity is 60 (1) Debt Service Coverage Ratios are calculated as described in the prospectus, values are updated periodically as new NOI figures became available from borrowers on an asset level. Neither the Trustee, Servicer, Special Servicer or Underwriter makes any representation as to the accuracy of the data provided by the borrower for this calculation. 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 13 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 1 FUCM97C2 Industrial 7/1/2007 1.630 12/31/2000 NY - 0.000% - 0 8/1/2002 5 2 FUCM97C2 Retail 11/1/2012 NY 35,753,188 7.470% 277,924 0 3 FUCM97C2 Retail 11/1/2007 VA - 0.000% - 0 6/1/2004 5 4 FUCM97C2 Multifamily 9/1/2012 NY 30,518,723 7.430% 232,633 0 5 FUCM97C2 Office 10/1/2022 UT 25,880,626 7.185% 215,846 0 6 FUCM97C2 Multifamily 5/1/2007 1.070 12/31/2002 MA - 0.000% - 0 7/1/2004 5 7 FUCM97C2 Lodging 11/1/2012 MO 25,717,806 7.960% 223,059 0 8 FUCM97C2 Multifamily 5/1/2007 MI 26,602,982 8.250% 217,867 0 9 FUCM97C2 Retail 7/1/2012 IL 26,484,682 8.120% 214,109 0 10 FUCM97C2 Retail 10/1/2002 1.410 12/31/2001 TX - 0.000% - 0 10/1/2002 5 11 FUCM97C2 Office 6/1/2017 FL 22,824,380 8.410% 193,207 0 12 FUCM97C2 Health Care 9/1/2022 FL 21,688,023 8.631% 182,103 0 13 FUCM97C2 Retail 10/1/2012 CA 21,338,918 7.750% 164,775 0 14 FUCM97C2 Office 6/1/2022 NY 20,393,289 8.420% 183,964 0 15 FUCM97C2 Office 8/1/2007 1.580 12/31/2002 FL 18,831,272 7.910% 163,703 0 16 FUCM97C2 Office 8/1/2012 CT 15,488,546 7.065% 169,512 0 17 FUCM97C2 Multifamily 11/1/2007 FL 18,480,229 7.450% 139,159 0 18 FUCM97C2 Multifamily 9/1/2007 LA 18,589,187 7.940% 145,917 0 19 FUCM97C2 Retail 6/1/2007 PA 5,983,178 8.930% 50,812 0 20 FUCM97C2 Office 8/1/2007 NY 17,742,120 7.880% 138,736 0 21 FUCM97C2 Multifamily 7/1/2007 NV - 0.000% - 0 12/10/2004 22 FUCM97C2 Retail 8/1/2012 MO 16,317,718 8.250% 139,172 0 23 FUCM97C2 Lodging 9/1/2004 FL 16,126,259 8.690% 147,253 0 9 24 FUCM97C2 Multifamily 7/1/2007 1.370 12/31/2000 AZ - 0.000% - 0 7/2/2002 5 25 FUCM97C2 Multifamily 7/1/2007 1.450 12/31/2000 AZ - 0.000% - 0 7/2/2002 5 26 FUCM97C2 Lodging 11/1/2012 TX 15,033,252 7.920% 130,041 0 27 FUCM97C2 Retail 11/1/2012 NY 15,496,854 7.470% 120,463 0 28 FUCM97C2 Multifamily 10/1/2027 NJ 15,269,842 7.600% 116,502 0 29 FUCM97C2 Office 6/1/2012 NY 15,411,016 8.420% 125,936 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 14 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 30 FUCM97C2 Office 10/1/2017 OH 13,257,672 8.250% 138,887 0 31 FUCM97C2 Multifamily 5/1/2007 MA - 0.000% - 0 7/1/2004 5 32 FUCM97C2 Multifamily 9/1/2022 FL 13,608,488 8.050% 109,113 0 33 FUCM97C2 Multifamily 11/1/2027 PA 12,805,760 7.510% 97,986 0 34 FUCM97C2 Retail 9/1/2007 FL 12,421,988 8.100% 100,001 0 9 35 FUCM97C2 Retail 10/1/2007 PA 12,127,433 7.620% 92,676 0 36 FUCM97C2 Multifamily 7/1/2007 TX 11,699,926 8.375% 95,161 0 37 FUCM97C2 Retail 9/1/2007 TX 11,749,017 8.650% 97,446 0 39 FUCM97C2 Lodging 11/1/2007 0.480 12/31/2002 TX - 0.000% - 0 10/1/2003 10 40 FUCM97C2 Office 7/1/2004 1.940 12/31/2000 CA - 0.000% - 0 2/1/2002 5 41 FUCM97C2 Health Care 8/1/2007 CA 11,032,513 8.410% 89,904 0 42 FUCM97C2 Retail 2/1/2019 1.090 12/31/2000 TX - 0.000% - 0 11/1/2002 10 43 FUCM97C2 Retail 10/1/2012 CA 9,781,683 8.000% 77,045 0 44 FUCM97C2 Retail 6/1/2007 NY 9,464,170 8.691% 80,597 0 45 FUCM97C2 Multifamily 9/1/2007 CA 9,203,162 7.360% 68,965 0 46 FUCM97C2 Office 8/1/2007 FL 9,333,653 8.250% 75,127 0 47 FUCM97C2 Retail 7/1/2019 GA 9,601,759 10.125% 87,456 0 8 48 FUCM97C2 Lodging 5/1/2007 WI 8,687,353 9.400% 84,942 0 49 FUCM97C2 Retail 10/1/2007 FL - 0.000% - 0 7/1/1999 5 50 FUCM97C2 Retail 7/1/2019 GA 9,303,366 10.125% 84,738 0 8 51 FUCM97C2 Retail 9/1/2007 FL 8,649,384 8.100% 69,630 0 52 FUCM97C2 Multifamily 8/1/2012 NJ 8,613,583 8.450% 73,441 0 B 53 FUCM97C2 Health Care 6/1/2007 MD 4,243,343 10.500% 44,377 0 3 54 FUCM97C2 Health Care 6/1/2007 MD 3,941,355 7.603% 34,152 0 3 55 FUCM97C2 Multifamily 8/1/2001 CA - 0.000% - 0 6/1/1999 5 56 FUCM97C2 Industrial 11/1/2012 NJ - 0.000% - 0 5/1/2004 5 57 FUCM97C2 Multifamily 9/1/2004 1.220 12/31/2000 MI - 0.000% - 0 8/1/2002 5 59 FUCM97C2 Industrial 9/1/2004 CA - 0.000% - 0 10/1/2004 5 60 FUCM97C2 Retail 11/1/2007 VA 7,773,754 7.500% 59,433 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 15 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 61 FUCM97C2 Retail 10/1/2012 CA 7,918,505 8.000% 62,370 0 62 FUCM97C2 Retail 10/1/2007 TN 7,818,092 7.980% 62,252 0 63 FUCM97C2 Health Care 10/1/2007 CA 7,444,003 8.070% 65,999 0 64 FUCM97C2 Multifamily 7/1/2007 TX - 0.000% - 0 8/1/2003 5 65 FUCM97C2 Retail 7/1/2007 1.770 9/30/2002 NY 7,701,500 8.310% 62,328 0 66 FUCM97C2 Industrial 7/1/2017 SC 6,451,018 9.125% 73,757 0 9 67 FUCM97C2 Retail 9/1/2007 CA 7,487,695 8.375% 60,806 0 68 FUCM97C2 Multifamily 7/1/2007 CO 7,508,707 8.650% 62,366 0 69 FUCM97C2 Multifamily 10/1/2007 TN 6,923,056 7.450% 52,185 0 70 FUCM97C2 Office 7/1/2004 1.240 12/31/2000 CA - 0.000% - 0 4/1/2002 5 71 FUCM97C2 Multifamily 6/1/2004 NC - 0.000% - 0 12/1/2003 5 72 FUCM97C2 Multifamily 8/1/2007 MD - 0.000% - 0 1/1/2005 5 73 FUCM97C2 Retail 11/1/2016 NC 5,634,739 7.313% 59,674 0 74 FUCM97C2 Retail 11/1/2007 AL 6,393,592 7.950% 52,799 0 75 FUCM97C2 Retail 6/1/2007 NJ 6,417,984 8.690% 58,901 0 76 FUCM97C2 Retail 10/1/2007 KS 6,602,284 8.160% 53,338 0 77 FUCM97C2 Multifamily 8/1/2007 GA 6,605,725 7.720% 51,004 0 78 FUCM97C2 Multifamily 8/1/2007 1.400 12/31/2002 AZ - 7.938% 45,109 6,599,658 2/1/2005 79 FUCM97C2 Multifamily 5/1/2004 GA - 0.000% - 0 12/1/2003 5 80 FUCM97C2 Retail 7/1/2007 VA 6,500,767 8.630% 54,711 0 81 FUCM97C2 Multifamily 5/1/2004 WA - 0.000% - 0 6/1/2003 5 82 FUCM97C2 Lodging 11/1/2012 MO 6,207,746 7.960% 53,842 0 83 FUCM97C2 Multifamily 11/1/2007 TX 6,577,207 7.500% 48,945 0 84 FUCM97C2 Retail 10/1/2007 FL 6,504,134 7.840% 50,585 0 85 FUCM97C2 Retail 9/1/2007 TN 6,370,827 8.000% 52,530 0 86 FUCM97C2 Multifamily 9/1/2007 1.820 12/31/2001 AZ - 0.000% - 0 10/1/2002 5 87 FUCM97C2 Multifamily 11/1/2007 MD - 0.000% - 0 11/1/2004 5 88 FUCM97C2 Lodging 8/1/2007 FL 6,012,912 8.500% 54,321 0 89 FUCM97C2 Retail 11/1/2007 VA 6,245,138 7.750% 48,179 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 16 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 90 FUCM97C2 Lodging 11/1/2012 NY 6,056,710 9.000% 56,226 0 91 FUCM97C2 Multifamily 9/1/2012 GA 6,114,033 7.740% 47,238 0 92 FUCM97C2 Industrial 6/1/2022 TX 5,915,292 9.375% 56,668 0 93 FUCM97C2 Multifamily 8/1/2007 1.510 12/31/1999 CA - 0.000% - 0 3/1/2001 5 94 FUCM97C2 Retail 6/1/2007 1.710 12/31/2001 NJ - 0.000% - 0 1/1/2003 5 95 FUCM97C2 Retail 6/1/2018 NY 5,239,456 8.188% 53,911 0 96 FUCM97C2 Industrial 7/1/2007 MD 5,997,533 8.550% 49,437 0 97 FUCM97C2 Multifamily 9/1/2012 WI 5,892,305 7.840% 45,888 0 98 FUCM97C2 Office 8/1/2007 FL 5,601,818 8.375% 50,200 0 99 FUCM97C2 Retail 6/1/2012 FL 5,622,269 8.750% 51,795 0 100 FUCM97C2 Health Care 10/1/2012 AZ - 0.000% - 0 3/1/2003 5 101 FUCM97C2 Health Care 5/1/2007 MI 5,526,952 9.250% 53,524 0 9 102 FUCM97C2 Retail 5/1/2007 CA - 0.000% - 0 7/1/2004 5 103 FUCM97C2 Retail 8/1/2007 GA 5,784,417 8.375% 47,010 0 104 FUCM97C2 Retail 5/1/2017 CA 5,553,506 8.720% 49,201 0 105 FUCM97C2 Retail 10/1/2007 MO 5,634,072 8.160% 45,516 0 106 FUCM97C2 Multifamily 8/1/2007 1.720 12/31/2000 CA - 0.000% - 0 8/1/2002 5 107 FUCM97C2 Lodging 10/1/2007 FL 5,239,468 7.970% 45,551 0 108 FUCM97C2 Multifamily 3/1/2004 SC - 0.000% - 0 6/1/2004 10 109 FUCM97C2 Retail 8/1/2007 TN 5,296,023 8.125% 44,118 0 110 FUCM97C2 Retail 8/1/2007 NJ 5,333,733 8.150% 43,166 0 111 FUCM97C2 Multifamily 8/1/2007 1.880 12/31/1999 CA - 0.000% - 0 1/12/2001 5 112 FUCM97C2 Multifamily 8/1/2007 NC 5,105,288 8.300% 45,528 0 113 FUCM97C2 Lodging 7/1/2007 FL 4,943,306 8.900% 46,612 0 114 FUCM97C2 Multifamily 10/1/2007 AL 5,108,708 7.820% 39,669 0 115 FUCM97C2 Retail 8/1/2007 1.410 12/31/2001 IL - 0.000% - 0 10/1/2002 5 116 FUCM97C2 Office 6/1/2007 NY 5,184,748 9.010% 44,294 0 117 FUCM97C2 Other 4/1/2009 MN 3,037,853 10.125% 70,067 0 118 FUCM97C2 Lodging 11/1/2007 FL 4,796,225 8.040% 41,821 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 17 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 119 FUCM97C2 Retail 8/1/2004 2.070 12/31/2002 OH - 0.000% - 0 2/1/2004 5 120 FUCM97C2 Office 7/1/2007 OK 4,676,159 8.870% 44,007 0 122 FUCM97C2 Industrial 11/1/2007 NJ - 0.000% - 0 6/14/1999 5 123 FUCM97C2 Retail 7/1/2007 GA - 0.000% - 0 4/1/2003 5 124 FUCM97C2 Retail 9/1/2017 TX 4,465,863 7.438% 37,996 0 125 FUCM97C2 Retail 5/1/2004 FL - 0.000% - 0 6/1/2004 5 126 FUCM97C2 Industrial 10/1/2007 CA 4,654,684 7.793% 37,365 0 127 FUCM97C2 Lodging 11/1/2007 NY 4,437,532 8.000% 38,591 0 128 FUCM97C2 Lodging 10/1/2007 FL 4,430,126 7.970% 38,515 0 129 FUCM97C2 Mixed Use 9/1/2022 NJ 4,383,266 8.250% 39,423 0 130 FUCM97C2 Lodging 7/1/2020 FL 4,309,015 9.240% 43,769 0 131 FUCM97C2 Multifamily 4/1/2007 CA - 0.000% - 0 8/1/2004 5 132 FUCM97C2 Retail 7/1/2007 NY 4,542,567 8.625% 37,658 0 133 FUCM97C2 Lodging 10/1/2007 FL 4,252,142 7.970% 36,967 0 134 FUCM97C2 Multifamily 5/1/2007 TX 4,434,139 8.520% 37,091 0 135 FUCM97C2 Health Care 10/1/2007 TN - 0.000% - 0 12/1/2003 5 136 FUCM97C2 Health Care 8/1/2007 MN 4,316,397 8.970% 40,183 0 137 FUCM97C2 Retail 5/1/2007 MA 4,449,772 9.010% 38,656 0 138 FUCM97C2 Retail 6/1/2018 OH 3,899,130 8.188% 40,120 0 139 FUCM97C2 Retail 5/1/2018 PA 3,885,614 8.188% 40,120 0 140 FUCM97C2 Retail 10/1/2007 KS 4,441,281 8.230% 35,618 0 141 FUCM97C2 Multifamily 9/1/2004 MD - 0.000% - 0 3/1/2004 5 142 FUCM97C2 Multifamily 8/1/2007 1.680 12/31/2000 WA - 0.000% - 0 6/1/2002 5 143 FUCM97C2 Multifamily 7/1/2007 AZ 4,434,919 8.320% 35,919 0 145 FUCM97C2 Office 6/1/2007 FL 4,201,896 9.150% 40,351 0 146 FUCM97C2 Industrial 5/1/2004 IL - 0.000% - 0 5/1/2004 5 147 FUCM97C2 Retail 8/1/2007 CT - 0.000% - 0 12/2/2004 5 148 FUCM97C2 Lodging 11/1/2019 1.320 6/30/2002 CT - 0.000% - 0 1/1/2005 5 149 FUCM97C2 Retail 11/1/2007 NV - 0.000% - 0 1/1/2005 5 * 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 18 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 150 FUCM97C2 Retail 10/1/2007 NC 4,285,309 8.000% 33,753 0 151 FUCM97C2 Multifamily 10/1/2007 1.450 12/31/2002 AZ 4,253,430 7.550% 32,322 0 152 FUCM97C2 Multifamily 5/1/2004 1.220 12/31/2002 WA - 0.000% - 0 7/1/2003 5 153 FUCM97C2 Retail 7/1/2017 GA 4,198,861 8.490% 34,953 0 154 FUCM97C2 Retail 7/1/2007 1.630 12/31/2002 CT 4,195,618 8.100% 33,408 0 155 FUCM97C2 Retail 9/1/2007 NC 4,202,890 8.240% 33,775 0 156 FUCM97C2 Multifamily 8/1/2007 MD - 0.000% - 0 1/1/2005 5 157 FUCM97C2 Retail 6/1/2018 SC 3,655,433 8.188% 37,613 0 158 FUCM97C2 Multifamily 9/1/2004 1.830 12/31/2002 TX - 0.000% - 0 5/1/2004 5 159 FUCM97C2 Multifamily 10/1/2007 1.230 12/31/2002 GA 4,114,788 7.375% 30,828 0 160 FUCM97C2 Multifamily 7/1/2007 1.500 12/31/2002 TX 4,131,465 7.980% 32,591 0 161 FUCM97C2 Multifamily 6/1/2007 CA 4,146,105 8.270% 33,494 0 162 FUCM97C2 Multifamily 10/1/2007 MD - 0.000% - 0 5/1/2003 5 163 FUCM97C2 Lodging 11/1/2007 AL 3,925,160 8.150% 34,476 0 164 FUCM97C2 Retail 10/1/2007 NC 3,671,479 7.625% 34,424 0 165 FUCM97C2 Retail 9/1/2007 1.550 12/31/2002 MD 4,058,914 8.180% 32,466 0 166 FUCM97C2 Other 4/1/2009 OH 2,385,894 9.875% 55,557 0 167 FUCM97C2 Retail 11/1/2012 NJ 4,045,465 7.470% 31,447 0 168 FUCM97C2 Retail 10/1/2007 PA 3,981,098 7.625% 30,435 0 169 FUCM97C2 Lodging 4/1/2007 AL 3,847,661 9.050% 36,174 0 170 FUCM97C2 Retail 9/1/2007 1.950 12/31/2002 GA 3,844,882 8.500% 31,525 0 171 FUCM97C2 Retail 6/1/2007 FL 3,815,446 9.220% 33,641 0 172 FUCM97C2 Multifamily 5/1/2007 TX 3,795,345 8.900% 32,695 0 173 FUCM97C2 Multifamily 7/1/2007 NJ 3,794,093 8.150% 30,328 0 174 FUCM97C2 Multifamily 7/1/2007 1.510 12/31/2000 GA - 0.000% - 0 11/1/2002 5 175 FUCM97C2 Retail 10/1/2007 OR 3,658,642 8.188% 30,530 0 176 FUCM97C2 Lodging 9/1/2007 IN 3,568,159 8.460% 32,101 0 177 FUCM97C2 Lodging 8/1/2007 GA - 0.000% - 0 10/1/2003 5 178 FUCM97C2 Office 5/1/2007 CA - 0.000% - 0 11/1/2004 5 * 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 19 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 180 FUCM97C2 Multifamily 3/1/2004 2.420 12/31/2000 VA - 0.000% - 0 10/1/2001 5 181 FUCM97C2 Multifamily 3/1/2004 1.540 12/31/2000 TX - 0.000% - 0 4/1/2002 5 182 FUCM97C2 Lodging 10/1/2012 FL 3,480,500 8.375% 31,076 0 183 FUCM97C2 Multifamily 7/1/2007 TX - 0.000% - 0 8/1/2003 5 184 FUCM97C2 Office 6/1/2007 FL 3,559,638 8.720% 30,206 0 185 FUCM97C2 Other 1/1/2009 IN 2,094,841 10.125% 49,800 0 186 FUCM97C2 Lodging 10/1/2007 FL 3,367,535 7.970% 29,277 0 187 FUCM97C2 Multifamily 10/1/2022 AR 3,321,474 7.960% 29,228 0 188 FUCM97C2 Retail 7/1/2004 1.400 12/31/2000 TX - 0.000% - 0 8/1/2001 5 189 FUCM97C2 Retail 7/1/2004 1.400 12/31/2000 TX - 0.000% - 0 8/1/2001 5 190 FUCM97C2 Retail 9/1/2007 1.440 12/31/2000 TX - 0.000% - 0 9/1/2001 5 191 FUCM97C2 Multifamily 9/1/2007 WI 3,503,928 7.970% 27,569 0 192 FUCM97C2 Office 10/1/2007 FL 3,492,760 8.500% 28,604 0 193 FUCM97C2 Office 7/1/2007 2.280 12/31/2002 CA 3,443,604 8.720% 29,186 0 194 FUCM97C2 Retail 7/1/2022 1.690 12/31/2002 TX 3,306,167 8.710% 30,319 0 195 FUCM97C2 Multifamily 10/1/2007 1.460 12/31/1999 TX - 0.000% - 0 11/27/2000 5 196 FUCM97C2 Other 1/1/2009 IN 2,002,547 10.125% 47,605 0 197 FUCM97C2 Retail 7/1/2007 GA 3,398,750 8.670% 28,272 0 198 FUCM97C2 Retail 5/1/2007 GA - 0.000% - 0 8/1/2003 10 199 FUCM97C2 Office 5/1/2004 TX - 0.000% - 0 11/1/2003 5 200 FUCM97C2 Health Care 8/1/2017 OH 2,933,450 8.625% 31,527 0 201 FUCM97C2 Multifamily 10/1/2012 OH - 0.000% - 0 3/1/2004 5 202 FUCM97C2 Multifamily 6/1/2022 TX 3,283,933 8.350% 26,692 0 203 FUCM97C2 Multifamily 9/1/2007 PA 3,245,016 7.790% 25,171 0 204 FUCM97C2 Lodging 10/1/2017 NC 2,871,277 8.625% 30,651 0 3 205 FUCM97C2 Retail 4/1/2007 PA 3,240,371 9.000% 28,162 0 B 206 FUCM97C2 Office 9/1/2007 1.090 12/31/2002 IN 3,161,662 7.820% 24,883 0 207 FUCM97C2 Retail 10/1/2004 RI - 0.000% - 0 5/1/2004 5 208 FUCM97C2 Retail 9/1/2007 TX 3,187,947 8.490% 26,119 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 20 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 209 FUCM97C2 Health Care 8/1/2007 1.850 12/31/1999 TN - 0.000% - 0 3/1/2001 5 210 FUCM97C2 Retail 8/1/2004 MA - 0.000% - 0 8/1/2003 5 211 FUCM97C2 Retail 6/1/2007 -0.010 12/31/2000 FL - 0.000% - 0 10/19/2001 5 212 FUCM97C2 Industrial 10/1/2007 MN 3,170,277 8.530% 26,023 0 213 FUCM97C2 Office 8/1/2012 CA 2,273,142 8.680% 33,841 0 214 FUCM97C2 Office 10/1/2007 1.560 12/31/2002 NC 2,702,473 7.750% 27,600 0 215 FUCM97C2 Retail 10/1/2007 NC - 0.000% - 0 12/1/2004 216 FUCM97C2 Retail 4/1/2008 FL 2,987,891 8.375% 25,612 0 217 FUCM97C2 Lodging 7/1/2007 GA - 0.000% - 0 4/1/2004 10 218 FUCM97C2 Multifamily 7/1/2007 FL - 0.000% - 0 7/1/2004 5 219 FUCM97C2 Multifamily 5/1/2007 TX 3,054,790 8.900% 26,315 0 220 FUCM97C2 Retail 5/1/2004 TX - 0.000% - 0 12/1/2003 5 221 FUCM97C2 Multifamily 6/1/2007 FL - 0.000% - 0 8/1/2003 5 222 FUCM97C2 Retail 9/1/2012 CO - 0.000% - 0 3/1/2004 5 223 FUCM97C2 Retail 11/1/2012 VA 2,744,608 7.875% 23,670 0 224 FUCM97C2 Office 9/1/2007 VA 2,906,659 8.490% 23,814 0 225 FUCM97C2 Multifamily 9/1/2007 TX 2,875,695 7.822% 22,363 0 226 FUCM97C2 Multifamily 8/1/2004 1.600 12/31/1999 CA - 0.000% - 0 12/12/2000 5 227 FUCM97C2 Office 5/1/2007 CA 2,829,213 9.375% 25,807 0 228 FUCM97C2 Retail 8/1/2015 CA 2,243,611 7.660% 25,971 0 229 FUCM97C2 Multifamily 7/1/2007 TX - 0.000% - 0 4/1/2003 5 230 FUCM97C2 Mobile Home 10/1/2007 1.140 12/31/2002 CA 2,785,186 7.790% 21,575 0 231 FUCM97C2 Multifamily 10/1/2007 FL 2,784,725 7.780% 21,555 0 232 FUCM97C2 Retail 9/1/2007 1.280 12/31/2002 FL 2,801,037 8.220% 22,475 0 233 FUCM97C2 Multifamily 3/1/2004 1.440 12/31/2000 TX - 0.000% - 0 6/1/2002 5 234 FUCM97C2 Retail 9/1/2007 FL 2,557,519 7.900% 22,463 0 235 FUCM97C2 Retail 9/1/2010 1.340 12/31/2002 IN 2,579,588 7.875% 22,334 0 237 FUCM97C2 Office 11/1/2017 1.380 12/31/2002 AL 2,318,804 8.125% 24,061 0 238 FUCM97C2 Lodging 11/1/2019 NH - 0.000% - 0 1/1/2005 5 * 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 21 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 239 FUCM97C2 Lodging 9/1/2007 -0.370 12/31/2002 UT - 0.000% - 0 10/1/2003 10 240 FUCM97C2 Retail 9/1/2007 VA 2,587,863 8.420% 21,371 0 241 FUCM97C2 Lodging 9/1/2007 TX 2,301,702 8.875% 24,968 0 242 FUCM97C2 Retail 6/1/2018 PA 2,274,492 8.188% 23,403 0 243 FUCM97C2 Multifamily 3/1/2004 1.720 12/31/2000 TX - 0.000% - 0 6/1/2002 5 244 FUCM97C2 Retail 7/1/2017 CO 2,293,546 9.140% 25,354 0 245 FUCM97C2 Retail 10/1/2007 ID 2,435,958 7.750% 20,870 0 246 FUCM97C2 Office 5/1/2007 FL 2,441,829 9.504% 24,034 0 247 FUCM97C2 Office 10/1/2007 1.450 12/31/2000 GA - 0.000% - 0 8/1/2002 10 248 FUCM97C2 Office 10/1/2007 NY - 0.000% - 0 1/1/2005 5 249 FUCM97C2 Multifamily 8/1/2007 MO 2,534,824 8.620% 20,991 0 7 250 FUCM97C2 Retail 7/1/2007 0.900 12/31/2002 CT 2,530,209 8.550% 20,856 0 251 FUCM97C2 Multifamily 7/1/2004 1.490 12/31/2001 TX - 0.000% - 0 9/1/2002 5 252 FUCM97C2 Retail 7/1/2007 1.590 12/31/2002 CT 2,511,790 8.100% 20,000 0 253 FUCM97C2 Self Storage 10/1/2012 CA 1,792,811 8.500% 26,588 0 254 FUCM97C2 Retail 5/1/2007 CA 2,507,529 9.150% 22,017 0 255 FUCM97C2 Lodging 11/1/2019 MA - 0.000% - 0 1/1/2005 5 256 FUCM97C2 Retail 11/1/2007 1.680 12/31/2002 FL 2,423,843 7.990% 19,060 0 257 FUCM97C2 Multifamily 10/1/2027 MS - 0.000% - 0 5/1/2004 10 258 FUCM97C2 Multifamily 9/1/2004 1.800 12/31/2002 MD - 0.000% - 0 3/1/2004 5 259 FUCM97C2 Multifamily 10/1/2027 UT 2,387,497 8.000% 19,041 0 260 FUCM97C2 Retail 6/1/2007 AZ - 0.000% - 0 10/1/2003 5 261 FUCM97C2 Retail 11/1/2012 1.280 12/31/2002 NC 2,294,877 7.750% 17,910 0 262 FUCM97C2 Retail 11/1/2007 CA - 0.000% - 0 8/1/2004 5 263 FUCM97C2 Retail 8/1/2007 SC 2,198,370 8.550% 20,215 0 264 FUCM97C2 Multifamily 7/1/2022 MN 2,222,655 8.450% 20,047 0 265 FUCM97C2 Retail 5/1/2004 FL - 0.000% - 0 4/1/2004 5 266 FUCM97C2 Other 5/1/2017 FL 2,076,634 7.960% 20,432 0 267 FUCM97C2 Multifamily 9/1/2007 1.810 12/31/2002 CA 2,257,645 7.550% 17,180 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 22 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 268 FUCM97C2 Multifamily 6/1/2007 PA - 0.000% - 0 5/1/2004 5 269 FUCM97C2 Multifamily 3/1/2004 1.660 12/31/2000 MS - 0.000% - 0 7/1/2002 5 270 FUCM97C2 Retail 11/1/2012 1.400 12/31/2000 FL - 0.000% - 0 11/1/2002 5 271 FUCM97C2 Multifamily 8/1/2007 CT 2,228,705 7.940% 17,510 0 272 FUCM97C2 Retail 7/1/2007 1.580 12/31/2002 OK 2,232,702 8.100% 17,778 0 273 FUCM97C2 Multifamily 5/1/2004 WA - 0.000% - 0 11/1/2003 5 275 FUCM97C2 Retail 5/1/2007 MA - 0.000% - 0 10/1/2004 5 276 FUCM97C2 Retail 6/1/2017 1.620 12/31/2002 AZ 2,182,993 8.750% 18,291 0 277 FUCM97C2 Health Care 8/1/2007 0.200 6/30/2002 MN 2,086,890 8.870% 19,305 0 278 FUCM97C2 Multifamily 6/1/2007 CA 2,145,606 8.740% 18,235 0 279 FUCM97C2 Multifamily 11/1/2007 OH 2,127,384 7.510% 16,098 0 280 FUCM97C2 Retail 10/1/2007 KS 2,116,235 8.160% 17,097 0 281 FUCM97C2 Multifamily 10/1/2007 SC 2,000,061 7.610% 16,975 0 282 FUCM97C2 Multifamily 9/1/2007 1.610 12/31/2002 KS 2,117,980 8.040% 16,757 0 283 FUCM97C2 Retail 7/1/2017 CA 1,793,272 7.930% 18,954 0 284 FUCM97C2 Retail 6/1/2017 FL 1,763,940 7.375% 18,184 0 285 FUCM97C2 Multifamily 7/1/2007 TX 2,076,808 8.190% 16,883 0 286 FUCM97C2 Retail 11/1/2007 IL - 0.000% - 0 5/1/2004 5 287 FUCM97C2 Retail 10/1/2004 1.190 12/31/2002 FL - 0.000% - 0 1/1/2004 5 288 FUCM97C2 Multifamily 8/1/2007 GA 2,061,920 7.910% 16,369 0 289 FUCM97C2 Retail 8/1/2007 CO 1,998,894 8.330% 17,861 0 290 FUCM97C2 Office 7/1/2007 1.690 6/30/2002 TN 2,049,971 8.730% 18,017 0 291 FUCM97C2 Multifamily 5/1/2007 MA - 0.000% - 0 1/1/2005 5 292 FUCM97C2 Multifamily 7/1/2007 TX - 0.000% - 0 3/1/2003 5 293 FUCM97C2 Industrial 10/1/2007 WA 2,055,638 8.188% 16,431 0 294 FUCM97C2 Multifamily 9/1/2007 1.980 12/31/2002 TX 2,050,974 8.125% 16,335 0 295 FUCM97C2 Multifamily 10/1/2007 2.930 12/31/2001 NY - 0.000% - 0 10/1/2002 5 296 FUCM97C2 Retail 9/1/2007 2.080 12/31/2002 NC 1,943,125 8.540% 17,572 0 B 297 FUCM97C2 Multifamily 8/1/2007 1.960 12/31/1999 CA - 0.000% - 0 1/12/2001 5 * 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 23 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 298 FUCM97C2 Retail 11/1/2017 MI 1,867,443 7.500% 16,031 0 299 FUCM97C2 Multifamily 8/1/2025 AZ 2,007,841 8.000% 15,849 0 300 FUCM97C2 Multifamily 8/1/2007 GA 1,984,649 8.090% 15,985 0 301 FUCM97C2 Retail 6/1/2007 VA - 0.000% - 0 10/1/2004 5 302 FUCM97C2 Multifamily 6/1/2007 FL 1,960,996 8.580% 16,460 0 303 FUCM97C2 Retail 11/1/2017 MI 1,829,105 7.500% 15,702 0 304 FUCM97C2 Health Care 11/1/2007 GA 773,971 8.150% 25,646 0 305 FUCM97C2 Multifamily 9/1/2007 1.110 12/31/2002 TX 1,939,082 7.550% 14,755 0 306 FUCM97C2 Multifamily 9/1/2007 CA 1,939,082 7.550% 14,755 0 307 FUCM97C2 Multifamily 6/1/2027 TX 1,948,803 9.000% 16,897 0 308 FUCM97C2 Retail 4/1/2004 0.240 12/31/2002 FL - 0.000% - 0 8/1/2003 10 309 FUCM97C2 Multifamily 9/1/2007 FL 1,900,334 7.780% 14,729 0 310 FUCM97C2 Retail 7/1/2017 OH 1,773,192 7.790% 15,527 0 311 FUCM97C2 Retail 9/1/2007 1.390 12/31/2002 FL 1,864,616 8.150% 15,071 0 312 FUCM97C2 Multifamily 8/1/2004 1.840 12/31/1999 CA - 0.000% - 0 12/12/2000 5 313 FUCM97C2 Multifamily 6/1/2007 FL 1,828,822 8.625% 16,067 0 314 FUCM97C2 Retail 7/1/2017 OH 1,741,961 7.790% 15,253 0 315 FUCM97C2 Multifamily 6/1/2007 PA 1,854,210 8.700% 15,710 0 316 FUCM97C2 Multifamily 11/1/2007 FL - 0.000% - 0 10/1/2003 5 317 FUCM97C2 Office 10/1/2007 PA 1,853,389 7.680% 14,232 0 318 FUCM97C2 Retail 10/1/2007 AZ 1,847,259 8.280% 15,068 0 319 FUCM97C2 Retail 7/1/2007 1.410 12/31/2002 CA 1,861,672 9.150% 16,309 0 320 FUCM97C2 Multifamily 6/1/2007 MD 1,870,417 8.500% 15,378 0 321 FUCM97C2 Office 6/1/2004 FL - 0.000% - 0 7/1/2004 5 322 FUCM97C2 Retail 4/1/2007 WA 1,791,519 9.125% 16,955 0 323 FUCM97C2 Multifamily 10/1/2022 1.240 12/31/2002 AR 1,739,404 7.960% 15,306 0 324 FUCM97C2 Retail 11/1/2017 MI 1,707,274 7.500% 14,656 0 325 FUCM97C2 Retail 9/1/2017 OH 1,702,594 7.790% 14,842 0 326 FUCM97C2 Office 8/1/2012 NC 1,604,032 8.813% 17,399 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 24 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 327 FUCM97C2 Retail 11/1/2012 FL - 0.000% - 0 3/27/2003 5 328 FUCM97C2 Retail 3/1/2017 PA 1,519,348 7.765% 16,183 0 329 FUCM97C2 Multifamily 7/1/2017 1.880 12/31/2002 CA - 0.000% - 0 2/1/2004 5 330 FUCM97C2 Retail 3/1/2016 OH 1,476,146 8.170% 16,907 0 331 FUCM97C2 Lodging 7/1/2007 IN 1,677,194 8.900% 15,815 0 332 FUCM97C2 Mobile Home 9/1/2015 AZ 1,450,736 8.250% 16,913 0 333 FUCM97C2 Multifamily 8/1/2027 KS 1,736,958 8.625% 14,389 0 334 FUCM97C2 Retail 11/1/2017 MI 1,591,113 7.500% 13,659 0 335 FUCM97C2 Multifamily 8/1/2007 GA 1,683,603 8.180% 13,658 0 336 FUCM97C2 Retail 11/1/2016 1.060 12/31/2002 GA 1,420,385 8.375% 15,863 0 337 FUCM97C2 Multifamily 10/1/2006 KS 1,651,348 7.710% 10,610 0 7 338 FUCM97C2 Multifamily 8/1/2004 TX - 0.000% - 0 4/1/2004 5 339 FUCM97C2 Health Care 1/1/2007 WA 1,579,036 9.250% 15,415 0 B 340 FUCM97C2 Retail 11/1/2017 MI 1,517,503 7.500% 13,027 0 341 FUCM97C2 Retail 5/1/2007 TX 1,609,986 9.313% 14,311 0 342 FUCM97C2 Retail 9/1/2016 OH 1,327,405 7.930% 14,627 0 343 FUCM97C2 Retail 12/1/2016 1.030 12/31/2002 GA 1,389,633 8.500% 15,080 0 344 FUCM97C2 Multifamily 8/1/2004 MO - 0.000% - 0 4/1/2004 5 345 FUCM97C2 Multifamily 7/1/2004 TX - 0.000% - 0 6/1/2004 5 346 FUCM97C2 Retail 7/1/2016 OH 1,293,575 8.070% 14,480 0 347 FUCM97C2 Retail 11/1/2016 VA 1,327,049 8.813% 15,142 0 348 FUCM97C2 Retail 7/1/2016 OH 1,289,461 8.070% 14,434 0 349 FUCM97C2 Retail 2/1/2016 OH 1,252,809 8.070% 14,349 0 350 FUCM97C2 Multifamily 8/1/2004 TX - 0.000% - 0 8/1/2004 5 351 FUCM97C2 Multifamily 6/1/2007 AL 1,505,647 8.880% 12,935 0 352 FUCM97C2 Retail 2/1/2017 1.300 12/31/2002 FL 1,290,049 7.590% 13,296 0 353 FUCM97C2 Mixed Use 11/1/2012 NJ 1,506,639 7.470% 11,712 0 354 FUCM97C2 Retail 10/1/2007 VA 1,491,263 8.030% 11,774 0 355 FUCM97C2 Retail 9/1/2007 IL 1,471,398 8.060% 11,807 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 25 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 356 FUCM97C2 Multifamily 6/1/2017 1.630 12/31/2002 TX 1,283,691 8.980% 14,375 0 357 FUCM97C2 Office 10/1/2007 TX 1,477,211 8.430% 12,032 0 358 FUCM97C2 Retail 7/1/2007 FL 1,442,906 8.500% 12,360 0 359 FUCM97C2 Retail 9/1/2016 VA 1,243,157 9.125% 14,519 0 360 FUCM97C2 Retail 10/1/2007 1.870 12/31/2002 AZ - 0.000% - 0 6/1/2004 5 361 FUCM97C2 Retail 12/1/2016 GA 1,241,229 8.500% 13,414 0 362 FUCM97C2 Retail 5/1/2017 MD 1,209,034 8.250% 13,095 0 363 FUCM97C2 Multifamily 7/1/2007 1.400 12/31/2002 GA 1,423,058 8.490% 11,677 0 364 FUCM97C2 Retail 10/1/2016 GA 1,200,356 7.500% 12,431 0 365 FUCM97C2 Retail 8/1/2016 NJ 1,230,118 8.875% 13,771 0 366 FUCM97C2 Lodging 9/1/2007 FL 1,346,701 8.625% 12,246 0 367 FUCM97C2 Retail 10/1/2004 AZ - 0.000% - 0 9/1/2004 5 368 FUCM97C2 Retail 8/1/2007 TX 1,399,822 8.240% 11,258 0 369 FUCM97C2 Retail 7/1/2007 AZ 1,357,020 9.375% 12,975 0 B 370 FUCM97C2 Multifamily 6/1/2007 2.540 12/31/2002 AZ - 0.000% - 0 8/1/2004 5 371 FUCM97C2 Retail 7/1/2007 NY 1,006,734 9.070% 15,277 0 372 FUCM97C2 Retail 1/1/2017 FL 1,184,663 7.625% 12,224 0 373 FUCM97C2 Multifamily 10/1/2022 1.380 12/31/2002 WI 1,402,942 9.550% 12,431 0 374 FUCM97C2 Multifamily 8/1/2007 TX 1,363,174 8.710% 11,366 0 375 FUCM97C2 Multifamily 8/1/2007 IN 1,354,738 8.313% 10,957 0 376 FUCM97C2 Multifamily 5/1/2007 NJ 1,347,150 9.180% 11,855 0 377 FUCM97C2 Retail 9/1/2016 OH 1,104,143 7.930% 12,167 0 378 FUCM97C2 Retail 10/1/2007 GA 1,327,513 8.000% 10,456 0 379 FUCM97C2 Multifamily 11/1/2007 TX 1,240,104 7.900% 10,713 0 B 380 FUCM97C2 Retail 10/1/2007 FL 1,247,870 8.310% 11,094 0 381 FUCM97C2 Industrial 9/1/2007 VA - 8.090% 9,096 1,305,694 2/1/2005 382 FUCM97C2 Retail 8/1/2016 VA 1,101,020 9.125% 12,911 0 383 FUCM97C2 Multifamily 6/1/2007 1.320 12/31/2002 NY 1,213,884 9.250% 11,732 0 384 FUCM97C2 Retail 9/1/2017 MI 1,083,861 7.920% 11,361 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 26 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 385 FUCM97C2 Retail 3/1/2017 VA 1,091,412 9.000% 12,373 0 386 FUCM97C2 Retail 8/1/2017 OH 1,068,396 7.750% 11,142 0 387 FUCM97C2 Retail 2/1/2017 VA 1,070,650 8.791% 12,059 0 388 FUCM97C2 Retail 2/1/2017 VA 1,069,642 9.000% 12,173 0 389 FUCM97C2 Industrial 8/1/2007 TX 1,169,057 7.983% 10,212 0 390 FUCM97C2 Multifamily 10/1/2007 1.110 12/31/2002 NE 1,212,429 8.070% 9,602 0 391 FUCM97C2 Multifamily 10/1/2007 1.970 12/31/2000 AZ - 0.000% - 0 8/1/2001 5 392 FUCM97C2 Multifamily 9/1/2022 GA 1,148,203 7.950% 9,991 0 393 FUCM97C2 Retail 5/1/2007 1.840 12/31/2002 TX 1,145,043 9.010% 10,918 0 394 FUCM97C2 Retail 8/1/2016 PA 986,048 8.340% 11,134 0 395 FUCM97C2 Self Storage 8/1/2007 2.020 12/31/2001 CO - 0.000% - 0 10/1/2002 5 396 FUCM97C2 Retail 10/1/2007 OH 1,107,630 8.640% 10,061 0 B 397 FUCM97C2 Retail 8/1/2016 PA 946,810 8.340% 10,691 0 398 FUCM97C2 Retail 8/1/2016 1.060 12/31/2002 GA 947,513 8.375% 10,717 0 400 FUCM97C2 Retail 5/1/2007 0.810 12/31/2002 TX 1,056,963 9.010% 10,079 0 401 FUCM97C2 Health Care 7/1/2007 1.550 12/31/2000 FL - 0.000% - 0 3/1/2002 5 402 FUCM97C2 Retail 2/1/2016 1.050 12/31/2002 WV 856,970 8.500% 10,408 0 403 FUCM97C2 Retail 1/1/2018 MA 946,567 8.750% 10,114 0 404 FUCM97C2 Retail 8/1/2016 PA 885,748 8.340% 10,002 0 405 FUCM97C2 Retail 8/1/2016 1.060 12/31/2002 GA 880,804 8.375% 9,963 0 406 FUCM97C2 Multifamily 7/1/2007 1.400 12/31/2002 GA 1,029,846 8.490% 8,450 0 407 FUCM97C2 Retail 11/1/2007 GA 839,859 8.010% 8,664 0 408 FUCM97C2 Retail 10/1/2007 KS 949,770 8.160% 7,673 0 409 FUCM97C2 Retail 10/1/2015 1.050 12/31/2002 WV 777,115 8.500% 9,254 0 410 FUCM97C2 Retail 8/1/2004 AZ - 0.000% - 0 8/1/2004 5 411 FUCM97C2 Multifamily 6/1/2007 TX 942,538 9.000% 8,046 0 412 FUCM97C2 Retail 8/1/2017 GA 818,578 8.125% 8,689 0 413 FUCM97C2 Office 5/1/2007 2.670 12/31/2002 CA - 0.000% - 0 9/1/2004 5 414 FUCM97C2 Multifamily 10/1/2027 TX 871,856 8.400% 7,085 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 27 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Loan Level Detail Property Operating Ending Loan Disclosure Type Maturity Statement Principal Note Scheduled Prepayment Status Control # Group Code Date DSCR Date State Balance Rate P&I Prepayment Date Code (1) 415 FUCM97C2 Retail 10/1/2016 VA 730,854 9.000% 8,450 0 416 FUCM97C2 Retail 3/1/2017 GA 792,377 8.125% 7,999 0 417 FUCM97C2 Retail 3/1/2017 SC 733,551 8.830% 8,246 0 418 FUCM97C2 Lodging 10/1/2007 0.440 12/31/2000 TX - 0.000% - 0 11/1/2002 5 419 FUCM97C2 Health Care 9/1/2007 NC - 0.000% - 0 12/1/2004 420 FUCM97C2 Retail 11/1/2012 FL - 0.000% - 0 3/27/2003 5 421 FUCM97C2 Retail 10/1/2007 FL 757,636 8.310% 6,736 0 422 FUCM97C2 Multifamily 6/1/2007 2.510 12/31/2002 NY 705,281 9.000% 6,115 0 423 FUCM97C2 Lodging 10/1/2007 0.310 12/31/2001 TX - 0.000% - 0 1/1/2003 5 424 FUCM97C2 Multifamily 5/1/2007 1.660 12/31/2002 NY 661,871 9.125% 6,358 0 425 FUCM97C2 Lodging 10/1/2007 0.450 12/31/2001 TX - 0.000% - 0 12/1/2002 5 426 FUCM97C2 Multifamily 9/1/2027 0.660 12/31/2002 GA 653,215 8.500% 5,429 0 427 FUCM97C2 Retail 11/1/2012 FL - 0.000% - 0 3/27/2003 5 428 FUCM97C2 Multifamily 10/1/2007 NE 633,218 7.620% 4,839 0 429 FUCM97C2 Multifamily 6/1/2007 2.000 12/31/2002 NY 533,746 9.500% 5,242 0 430 FUCM97C2 Multifamily 11/1/2007 MI - 0.000% - 0 4/1/2003 5 Total: 1,370,092,470 11,954,586 7,905,352 * 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 5. Prepaid in Full 7. Foreclosure 9. REO 11. Modification B. P&I Adv - < one month delinq 2. P&I Adv - delinquent 2 months 4. Mat. Balloon/Assumed P&I 6. Specially Serviced 8. Bankruptcy 10. DPO 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Page 28 of 28 First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Specially Serviced Loan Detail Ending Specially Disclosure Scheduled Interest Maturity Property Serviced Control # Balance Rate Date Type Status Code (1) Comments 34 12,421,988.45 8.100% 9/1/2007 Retail 6 204 2871276.69 8.625% 10/1/2017 Lodging 9 53 4,243,343.17 10.500% 6/1/2007 Health Care 9 32 13,608,487.84 8.050% 9/1/2022 Multifamily 9 (1) Legend : 1) Request for waiver of Prepayment Penalty 4) Loan with Borrower Bankruptcy 7) Loans Paid Off 2) Payment default 5) Loan in Process of Foreclosure 8) Loans Returned to Master Servicer 3) Request for Loan Modification or Workout 6) Loan now REO Property 9) Other 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Appendix A Continue leasing efforts and review possible sale of property. Received multiple offers. Borrower has declined approved modification. Counsel is preparing document for forbearance/waiver of insurance requirements. Loan continues to pay as agreed. Will be returned to Master once insurance doc has been executed. Borrower has made DPO offer. Counter is being prepared in conjunction with annual Business Plan. Receiver improving the maintenance, staffing up property and putting in accounting controls. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Specially Serviced Loan Detail Ending Specially Disclosure Scheduled Interest Maturity Property Serviced Control # Balance Rate Date Type Status Code (1) Comments 54 3,941,354.74 7.603% 6/1/2007 Health Care 9 47 9,601,759.26 10.125% 7/1/2019 Retail 4 337 1,651,348.15 7.710% 10/1/2006 Multifamily 5 66 6,451,018.32 9.125% 7/1/2017 Industrial 6 (1) Legend : 1) Request for waiver of Prepayment Penalty 4) Loan with Borrower Bankruptcy 7) Loans Paid Off 2) Payment default 5) Loan in Process of Foreclosure 8) Loans Returned to Master Servicer 3) Request for Loan Modification or Workout 6) Loan now REO Property 9) Other 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Appendix A Auction will be on April 5, 2005. Borrower has made DPO offer. Counter is being prepared in conjunction with annual Business Plan. The court has approved the receiver's retaining Tranzon Auctioneers to sell the property. We anticipate a sale date of late April. Insurance claim for loss of one of the buildings continues with legal negotiations between CMSLP (Venable) and Zurich Insurance. Executed mod/forbearance agreement thru 8/31/05. Owner has thru 8/31/05 to sell or refinance the asset to provide payoff of loan. Owner and Lender agreed to a Tenant rent reduction of approx. 25% to retain the tenant. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Specially Serviced Loan Detail Ending Specially Disclosure Scheduled Interest Maturity Property Serviced Control # Balance Rate Date Type Status Code (1) Comments 101 5,526,952.45 9.250% 5/1/2007 Health Care 6 369 1,357,020.30 9.375% 7/1/2007 Retail 9 50 9,303,365.90 10.125% 7/1/2019 Retail 4 (1) Legend : 1) Request for waiver of Prepayment Penalty 4) Loan with Borrower Bankruptcy 7) Loans Paid Off 2) Payment default 5) Loan in Process of Foreclosure 8) Loans Returned to Master Servicer 3) Request for Loan Modification or Workout 6) Loan now REO Property 9) Other 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Appendix A Local investment group is in the process of revising offer to increase purchase offer. Improved offer expected by February 7, 2005. If purchase offer is not accepted assets will be included in sealed bid sale. Fremont, Portage, and Cumberland continue to operate at historic occupancies. Cumberland is projected to have negative NOI which will be cut in half during 2005 provided the $350K of capital expenditures are made to improve the physical plant. Portage occupancy is projected to improve sharply during 2005 provided a sprinkler system is installed which will allow the second floor units of one building to be leased to assisted living residents. Currently per fire code, the second floor residents must be able to climb the stairs as part of a fire evacuation. As a result, there are few assisted living tenants interested in these units and occupancy has remained in the low 70% occupancy level. Fremont continues stable operations, occupancy at 94%. Owner agreed to pay back rent and late charges for Oct, Nov, & December 2004 to bring loan current. If check clears, will start the correction phase. Pursuing Forbearance agreement with borrower through August 31, 2005 allowing Garden Ridge to emerge from bankruptcy and giving the borrower time to refinance or sell the asset. In process of approving Lease Amendment reducing the rental rate by 25% so Garden Ridge will assume lease. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Specially Serviced Loan Detail Ending Specially Disclosure Scheduled Interest Maturity Property Serviced Control # Balance Rate Date Type Status Code (1) Comments 23 16,126,259.14 8.690% 9/1/2004 Lodging 6 249 2,534,824.11 8.620% 8/1/2007 Multifamily 5 12 21,688,022.63 8.631% 9/1/2022 Health Care 9 (1) Legend : 1) Request for waiver of Prepayment Penalty 4) Loan with Borrower Bankruptcy 7) Loans Paid Off 2) Payment default 5) Loan in Process of Foreclosure 8) Loans Returned to Master Servicer 3) Request for Loan Modification or Workout 6) Loan now REO Property 9) Other 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Appendix A Borrower has declined approved modification. Counsel is preparing document for forbearance/waiver of insurance requirements. Loan continues to pay as agreed. Will be returned to Master once insurance doc has been executed. Negotiating P&S with Continental Hospitality, LLC. First round comments to P&S extensive. Due Diligence clock doesn't start until P&S signed. Property far exceeds budgeted operations in August and Sept due to insurance adjusters taking many rooms after multiple hurricanes. Case awaiting committee approval to allow borrower until September to sell property and pay off in full, otherwise will deed property to trust or allow uncontested foreclosure. Borrower agreed to guaranty of legal costs of bankruptcy and agreed to allow CMSLP's court-appointed receiver to stay in place. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 First Union National Bank, Master Servicer Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepy (800) 246-5761 ABN AMRO Acct: 67-7852-70-9 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Modified Loan Detail Disclosure Modification Modification Control # Date Description 369 11/25/2002 171 11/25/2002 Appendix B 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. Loan transferred to special servicer on 1/23/2002 due to bankruptcy. Borrower continued to make interest only and escrow payments for one year. The loan was modified on 11/25/2002 per the direction of the bankrutcy court. The maturity date was extended and the borrower began making full P&I payment in December 2002.CW35 Loan transferred to special servicer on 1/23/2002 due to bankruptcy. Borrower continued to make interest only and escrow payments for one year. The loan was modified on 11/25/2002 per the direction of the bankrutcy court. The maturity date was extended and the borrower began making full P&I payment in December 2002. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Realized Loss Detail Beginning Gross Proceeds Aggregate Net Net Proceeds Dist. Disclosure Appraisal Appraisal Scheduled Gross as a % of Liquidation Liquidation as a % of Realized Date Control # Date Value Balance Proceeds Sched Principal Expenses * Proceeds Sched. Balance Loss 11/19/2001 211 N/A N/A 3,204,655.11 2,359,078.23 73.614% 311,139.22 2,047,939.01 63.905% 1,156,716.10 8/19/2002 247 N/A N/A 2,605,611.78 1,783,187.99 68.436% 270,085.06 1,513,102.93 58.071% 1,092,508.85 11/18/2002 42 N/A N/A 10,523,152.09 6,000,000.00 57.017% 513,271.72 5,486,728.28 52.140% 5,036,423.81 8/18/2003 198 N/A N/A 3,411,452.08 1,906,497.03 55.885% 543,820.74 1,362,676.29 39.944% 2,048,775.79 8/18/2003 308 N/A N/A 1,984,073.76 1,989,994.64 100.298% 557,628.50 1,432,366.14 72.193% 551,707.62 10/20/2003 39 N/A N/A 11,149,063.65 6,000,000.00 53.816% 834,394.53 5,165,605.47 46.332% 5,983,458.18 10/20/2003 239 N/A N/A 2,585,743.42 1,397,559.62 54.049% 1,289,780.35 107,779.27 4.168% 2,477,964.15 4/19/2004 217 N/A N/A 3,017,372.45 2,051,497.01 67.990% 294,882.85 1,756,614.16 58.217% 1,263,758.29 5/18/2004 257 N/A N/A 2,460,266.56 1,374,873.50 55.883% 1,374,873.50 0.00 0.000% 2,460,266.56 6/18/2004 108 N/A N/A 5,429,161.09 5,638,573.78 103.857% 222,485.47 5,416,088.31 99.759% 13,072.78 Current Total 0.00 0.00 0.00 0.00 0.00 Cumulative 0.00 30,501,261.80 6,212,361.94 24,288,899.86 22,084,652.13 Appendix C * Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc.. 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Statement Date: 02/18/05 Wachovia Bank, National Association Payment Date: 02/18/05 Commercial Mortgage Pass-Through Certificates Prior Payment: 01/18/05 Series 1997-C2 Record Date: 01/31/05 Administrator: Andy Streepey (800) 246-5761 ABN AMRO Acct: 720129.2 135 S. LaSalle Street Suite 1625 Chicago, IL 60603-4159 Interest Adjustment Summary Shortfalls Allocated to the Bonds: Excess Allocated to the Bonds: Net Prepayment Interest Shortfalls Allocated to the Bonds 0.00 Recovered Realized Losses 0.00 Special Servicing Fees 23,226.90 Prepayment Interest Excess Due the Bonds 0.00 Principal Recovery Fee 577.29 Yield Maintenance Penalties Due to the Bonds 156,043.27 Liquidation Fees 0.00 Recovered Trust Fund Expenses Due to the Bonds 0.00 Legal Fees 0.00 Prepayment Penalties Due to the Bonds 109,650.57 Misc. Fees & Expenses Paid by/to Servicer 0.00 Recovered ASER Interest Due to the Bonds 0.00 Interest Paid to Servicer on Outstanding Advances 50,463.24 Recovered Interest Due to the Bonds 0.00 ASER Interest Advance Reduction 168,332.76 Total Excess Allocated to the Bonds 265,693.84 Interest Not Advanced (Current Period) 10,382.85 Recoup of Prior Advances by Servicer 0.00 Servicing Fees Paid Servicer on Loans Not Advanced 0.00 Misc. Fees & Expenses Paid by Trust 0.00 Shortfall Due to Rate Modification 0.00 Recovered Realized Losses Correction 0.00 Total Shortfall Allocated to the Bonds 252,983.04 Total Excess Allocated to the Bonds 265,693.84 Less Total Shortfall Allocated to the Bonds 252,983.04 Total Interest Adjustment to the Bonds 12,710.80 Appendix D 02/17/05 - 05:44 (A892-A909) (c) 2005 LaSalle Bank N.A.

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:

ABN AMRO Acct: 720129.2

WAC:

8.334042%

Andy Streepey (800) 246-5761

WAMM:

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Number Of Pages

Table Of Contents

REMIC Certificate Report

Other Related Information

Asset Backed Facts Sheets

Delinquency Loan Detail

Mortgage Loan Characteristics

Loan Level Listing

Total Pages Included In This Package

Specially Serviced Loan Detail

Appendix A

Modified Loan Detail

Appendix B

Realized Loss Detail

Appendix C

Interest Adjustment Summary

Appendix D

Information is available for this issue from the following sources

LaSalle Web Site

www.etrustee.net

Servicer Web Site

www.wachovia.com

Monthly Data File Name:

FUCM97C2_200504_3.ZIP

Page 1 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

WAC:

8.334042%

135 S. LaSalle Street Suite 1625

Remic III

WAMM:

Chicago, IL 60603-4159

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Class

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment

Adjustment

Rate (2)

CUSIP

Per $1,000

Next Rate (3)

A-1

220,000,000.00

0.00

6.47900000%

33736LAP0

1000.000000000

0.000000000

Fixed

A-2

384,000,000.00

0.00

6.60000000%

33736LAQ8

1000.000000000

0.000000000

Fixed

A-3

982,521,000.00

763,053,189.79

20,914,362.64

0.00

742,138,827.15

4,501,364.08

272,777.65

6.65000000%

33736LAR6

1000.000000000

776.627868300

21.286428117

0.000000000

755.341440183

4.581443124

0.277630351

Fixed

2,203,502,325.00 N 1,357,992,188.66

0.00

1,337,079,781.09

1,825,273.04

207,118.11

1.42989476%

33736LAW5

1000.000000000

616.288067071

0.000000000

606.797535868

0.828350857

0.093994959

1.28200810%

110,175,000.00

0.00

110,175,000.00

623,406.88

0.00

6.79000000%

33736LAS4

1000.000000000

0.000000000

1000.000000000

5.658333379

0.000000000

Fixed

110,175,000.00

0.00

110,175,000.00

644,523.75

0.00

7.02000000%

33736LAT2

1000.000000000

0.000000000

1000.000000000

5.850000000

0.000000000

Fixed

121,194,000.00

0.00

121,194,000.00

719,084.40

0.00

7.12000000%

33736LAU9

1000.000000000

0.000000000

1000.000000000

5.933333333

0.000000000

Fixed

33,052,000.00

0.00

33,052,000.00

196,108.53

0.00

7.12000000%

33736LAV7

1000.000000000

0.000000000

1000.000000000

5.933333232

0.000000000

Fixed

66,105,000.00

0.00

66,105,000.00

413,156.25

0.00

7.50000000%

33736LAX3

1000.000000000

0.000000000

1000.000000000

6.250000000

0.000000000

7.50000000%

49,578,000.00

0.00

49,578,000.00

309,862.50

0.00

7.50000000%

33736LAY1

1000.000000000

0.000000000

1000.000000000

6.250000000

0.000000000

7.50000000%

16,527,208.00

0.00

16,527,208.00

103,295.05

0.00

7.50000000%

33736LAZ8

1000.000000000

0.000000000

1000.000000000

6.250000000

0.000000000

7.50000000%

44,070,046.00

0.00

44,070,046.00

248,904.02

28,553.79

6.00000000%

33736LBA2

1000.000000000

0.000000000

1000.000000000

5.647918316

0.647918316

6.00000000%

22,035,023.00

0.00

22,035,023.00

152,948.72

42,773.60

6.00000000%

33736LBB0

1000.000000000

0.000000000

1000.000000000

6.941164527

1.941164300

6.00000000%

27,543,779.00

22,027,721.87

0.00

(1,955.07)

0.00

22,029,676.94

0.00

(110,138.59)

6.00000000%

33736LBC8

1000.000000000

799.734919090

0.000000000

-0.070980456

0.000000000

799.805899546

0.000000000

-3.998673893

6.00000000%

16,526,269.00

0.00

6.00000000%

33736LBE4

1000.000000000

0.000000000

6.00000000%

Page 2 of 28

Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

WAC:

8.334042%

135 S. LaSalle Street Suite 1625

WAMM:

Chicago, IL 60603-4159

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Class

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment

Adjustment

Rate (2)

CUSIP

Per $1,000

Next Rate (3)

R-III

0.00

9ABSA909

1000.000000000

0.000000000

2,203,502,325.00

1,357,992,188.66

20,914,362.64

(1,955.07)

0.00

1,337,079,781.09

9,737,927.22

441,084.56

Total P&I Payment

30,652,289.86

Page 3 of 28

Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

WAC:

8.334042%

135 S. LaSalle Street Suite 1625

Remic II

WAMM:

Chicago, IL 60603-4159

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Class

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment

Adjustment

Rate (2)

CUSIP

Per $1,000

Next Rate (3)

220,000,000.00

0.00

8.21522487%

None

1000.000000000

0.000000000

8.06945387%

384,000,000.00

0.00

8.21522487%

None

1000.000000000

0.000000000

8.06945387%

982,521,000.00

763,053,189.79

20,914,362.64

0.00

742,138,827.15

5,496,655.60

272,777.65

8.21522487%

None

1000.000000000

776.627868300

21.286428117

0.000000000

755.341440183

5.594440831

0.277630351

8.06945387%

110,175,000.00

0.00

110,175,000.00

961,378.44

207,118.11

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

8.725921852

1.879901157

8.06945387%

110,175,000.00

0.00

110,175,000.00

754,260.33

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020694

0.000000000

8.06945387%

121,194,000.00

0.00

121,194,000.00

829,696.64

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020760

0.000000000

8.06945387%

33,052,000.00

0.00

33,052,000.00

226,274.68

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020816

0.000000000

8.06945387%

66,105,000.00

0.00

66,105,000.00

452,556.20

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020725

0.000000000

8.06945387%

49,578,000.00

0.00

49,578,000.00

339,412.02

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020816

0.000000000

8.06945387%

16,527,208.00

0.00

16,527,208.00

113,145.61

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020816

0.000000000

8.06945387%

44,070,046.00

0.00

44,070,046.00

301,704.45

0.00

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

6.846020764

0.000000000

8.06945387%

22,035,023.00

0.00

22,035,023.00

262,843.25

111,991.03

8.21522487%

None

1000.000000000

0.000000000

1000.000000000

11.928430935

5.082410397

8.06945387%

27,543,779.00

22,027,721.87

0.00

(1,955.07)

0.00

22,029,676.94

0.00

(150,802.23)

8.21522487%

None

1000.000000000

799.734919090

0.000000000

-0.070980456

0.000000000

799.805899546

0.000000000

-5.475001451

8.06945387%

16,526,269.00

0.00

8.21522487%

None

1000.000000000

0.000000000

8.06945387%

R-II

0.00

9ABSA893

1000.000000000

0.000000000

2,203,502,325.00

1,357,992,188.66

20,914,362.64

(1,955.07)

0.00

1,337,079,781.09

9,737,927.22

441,084.56

Total P&I Payment

30,652,289.86

Page 4 of 28

Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

WAC:

8.334042%

135 S. LaSalle Street Suite 1625

Remic I

WAMM:

Chicago, IL 60603-4159

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Class

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment

Adjustment

Rate (2)

CUSIP

Per $1,000

Next Rate (3)

Regular

2,203,502,325.00

1,357,992,188.66

20,914,362.64

(1,955.07)

0.00

1,337,079,781.09

9,737,927.22

441,084.56

8.21522487%

None

1000.000000000

616.288067071

9.491418458

-0.000887256

0.000000000

606.797535868

4.419295187

0.200174311

8.06945387%

R-I

0.00

9ABSA892

1000.000000000

0.000000000

2,203,502,325.00

1,357,992,188.66

20,914,362.64

(1,955.07)

0.00

1,337,079,781.09

9,737,927.22

441,084.56

Total P&I Payment

30,652,289.86

Page 5 of 28

Notes: (1) N denotes notional balance not included in total (2) Interest Paid minus Interest Adjustment minus Deferred Interest equals Accrual (3) Estimated

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Other Related Information

Chicago, IL 60603-4159

Accrued

Excess

Beginning

Payment of

Ending

Yield

Certificate

Prepay Interest

Unpaid

Prior Unpaid

Unpaid

Maintenance

Prepayment

Class

Interest

Shortfall

Interest

Charges

Premiums

A-1

0.00

A-2

0.00

A-3

4,228,586.43

0.00

240,464.66

32,312.99

1,618,154.93

0.00

196,956.84

10,161.27

623,406.88

0.00

644,523.75

0.00

719,084.40

0.00

196,108.53

0.00

413,156.25

0.00

309,862.50

0.00

103,295.05

0.00

220,350.23

0.00

28,553.79

0.00

110,175.12

0.00

220,350.24

42,773.60

177,576.64

0.00

110,138.61

0.00

2,046,602.29

0.00

2,156,740.88

0.00

1,559,087.98

0.00

1,559,087.98

0.00

Total:

9,296,842.68

0.00

3,854,594.30

71,327.39

3,893,405.50

437,421.50

42,474.26

Advances

Principal

Interest

Principal

Interest

Principal

Interest

Principal

Interest

Servicer

2,149,800.88

9,697,012.90

151,659.80

768,980.00

426,736.36

2,230,007.54

1,874,724.32

8,235,985.36

Trustee:

0.00

Fiscal Agent:

0.00

2,149,800.88

9,697,012.90

151,659.80

768,980.00

426,736.36

2,230,007.54

1,874,724.32

8,235,985.36

Page 6 of 28

Current Period

Recovered

Outstanding

Prior Outstanding

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Other Related Information

Chicago, IL 60603-4159

Servicing Compensation

Current Period Primary Master Servicing Fees Paid:

45,266.41

Current Period Sub Servicer Fees Paid:

75,048.65

Current Period Additional Servicing Fees Paid:

11,316.60

Current Period Additional Master Servicing Compensation Paid:

0.00

Current Period Special Servicing Fees Paid:

23,001.22

Current Period Principal Recovery Fees Paid to Special Servicer:

513.80

Total Servicing Fees:

155,146.68

General Pool Information

Available Distribution Amount for current Distribution Date:

30,652,289.86

Number of Outstanding Mortgage Loans in Pool:

292

Aggregate Stated Principal Balance before current Distribution Date:

1,357,992,188.66

Aggregate Stated Principal Balance after current Distribution Date:

1,337,079,781.09

Percentage of Remaining Cut-off Date Principal Balance:

60.68%

Current Principal Distribution Amount:

20,914,362.64

Prepayments in Full

15,170,134.23

Other Principal Adjustments / Curtailments

3,382,990.87

Liquidation Proceeds

1,955.07

Insurance Proceeds

0.00

REO Proceeds

0.00

Repurchase Proceeds

0.00

Substitution Proceeds

0.00

Current Realized Losses of Principal allocated to Certificates:

-1,955.07

Cumulative Realized Losses of Principal allocated to Certificates:

22,040,371.06

Realized Losses of Principal remaining unallocated:

0.00

Current Additional Trust Fund Expenses:

28,126.65

Cumulative Additional Trust Fund Expenses:

1,172,632.55

Additional Trust Fund Expenses remaining unallocated:

0.00

Page 7 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Other Related Information

Chicago, IL 60603-4159

REO Property Information

Scheduled Ending

Actual Ending

Date of

Amount of

Realized

Loan Number

Date of REO

Principal Balance Principal Balance

Final Recovery

Proceeds

Expenses

Loss

11/4/2003

16,126,259

17,073,392

N/A

12/1/2003

N/A

101

4/1/2004

5,505,028

5,765,389

N/A

12/6/2004

6,399,758

6,655,519

N/A

Delinquent Loans (One Month or More)

Type of

Environmental

Loan Number

Delinquency

Notice Sent

Assessment

Description of Status

90 + days

Transferred to special servicer 8/1/02.

90 + days

Transferred to special servicer 7/25/01.

90 + days

Transferred to special servicer 10/01/04.

90 + days

Transferred to special servicer 10/01/04.

90 + days

Transferred to special servicer 3/2/04.

101

90 + days

Transferred to special servicer 4/29/03.

204

90 + days

Transferred to special servicer 02/05/2004.

249

90 + days

Transferred to special servicer 9/19/02.

337

90 + days

Transferred to special servicer 12/11/03.

Page 8 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Other Related Information

Chicago, IL 60603-4159

Liquidation Loans

Nature of

Liquidation

Realized

Basis for

Loan Number

Liquidation Event

Proceeds

Loss

Final Recovery

211

2,047,939.01

1,156,716.09

247

1,513,102.93

1,092,508.85

5,486,728.28

5,036,423.81

198

1,906,497.03

2,048,775.79

308

1,976,118.50

565,583.76

6,000,000.00

5,983,458.18

239

1,452,741.41

2,422,782.36

217

2,051,497.01

1,263,758.29

257

1,383,974.15

2,451,165.91

10.

108

5,638,573.78

13,072.78

Page 9 of 28

Realized Loss

Loan liquidation with realized loss.
Loan liquidation with realized loss.

Realized Loss

Loan liquidation with realized loss.

Realized Loss
Realized Loss

Loan liquidation with realized loss.
Loan liquidation with realized loss.

Loan liquidation with realized loss.

Realized Loss

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Distribution

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure/Bankruptcy

REO

Modifications

Prepayments

Curr Weighted Avg.

Date

Balance

Coupon

Remit

04/18/05

11,002,195

23,059,624

28,031,045

15,170,134

8.3340%

8.2152%

0.00%

0.000%

0.00%

0.000%

1.02%

0.810%

1.36%

1.698%

1.02%

2.064%

0.00%

0.000%

1.02%

1.117%

03/18/05

11,028,156

23,074,619

61,242,074

9,202,709

7.8989%

7.7801%

0.00%

0.000%

0.00%

0.000%

1.01%

0.805%

1.35%

1.684%

2.02%

4.470%

0.00%

0.000%

0.67%

0.672%

02/18/05

11,055,975

23,091,297

40,526,218

7,905,352

8.3361%

8.2173%

0.00%

0.000%

0.00%

0.000%

1.00%

0.801%

1.34%

1.673%

1.34%

2.936%

0.00%

0.000%

0.67%

0.573%

01/18/05

12,440,565

23,106,033

40,602,369

27,930,861

8.3330%

8.2145%

0.00%

0.000%

0.00%

0.000%

1.30%

0.882%

1.30%

1.638%

1.30%

2.878%

0.00%

0.000%

2.61%

1.980%

12/20/04

9,578,207

18,115,546

29,619,484

34,181,339

25,653,815

8.1854%

8.0669%

0.00%

0.000%

0.96%

0.666%

1.61%

1.259%

1.61%

2.058%

0.96%

2.375%

0.00%

0.000%

1.29%

1.783%

11/18/04

18,173,219

29,660,962

34,237,715

10,058,900

8.3255%

8.2070%

0.00%

0.000%

0.00%

0.000%

1.60%

1.244%

1.60%

2.030%

0.96%

2.343%

0.00%

0.000%

0.64%

0.688%

10/18/04

11,780,019

15,776,185

29,704,439

34,289,798

11,749,177

8.1931%

8.0742%

0.00%

0.000%

0.63%

0.797%

1.27%

1.068%

1.58%

2.010%

0.95%

2.320%

0.00%

0.000%

0.63%

0.795%

09/20/04

11,791,776

18,373,199

7,240,463

28,765,086

2,213,944

8.3441%

8.2252%

0.63%

0.795%

0.00%

0.000%

1.57%

1.239%

0.63%

0.488%

0.63%

1.940%

0.00%

0.000%

0.63%

0.149%

08/18/04

25,569,468

11,832,522

7,253,057

28,805,959

10,588,710

8.3441%

8.2252%

0.00%

0.000%

0.93%

1.710%

1.24%

0.791%

0.62%

0.485%

0.62%

1.926%

0.00%

0.000%

1.55%

0.708%

07/19/04

18,990,980

6,610,748

11,858,607

7,265,557

28,846,539

52,113,457

8.2081%

8.0890%

0.61%

1.225%

0.30%

0.426%

1.22%

0.765%

0.61%

0.469%

0.61%

1.861%

0.00%

0.000%

1.52%

3.362%

06/18/04

25,635,398

11,887,266

7,277,965

28,890,745

35,433,804

8.3482%

8.2293%

0.90%

1.604%

0.00%

0.000%

1.20%

0.744%

0.60%

0.455%

0.60%

1.808%

0.00%

0.000%

0.90%

2.217%

05/18/04

19,011,613

17,342,119

7,290,280

28,930,718

15,507,731

8.2003%

8.0816%

0.59%

1.170%

0.00%

0.000%

1.47%

1.067%

0.59%

0.449%

0.59%

1.780%

0.00%

0.000%

1.47%

0.954%

04/19/04

19,021,801

8,399,665

22,727,689

31,434,599

5,585,180

8.3512%

8.2324%

0.58%

1.162%

0.58%

0.513%

1.74%

1.389%

0.00%

0.000%

0.87%

1.921%

0.00%

0.000%

0.87%

0.341%

03/18/04

24,474,912

22,799,220

3,017,372

31,475,973

9,139,316

8.0522%

7.9330%

0.86%

1.482%

0.00%

0.000%

1.72%

1.380%

0.29%

0.183%

0.86%

1.905%

0.00%

0.000%

0.86%

0.553%

02/18/04

19,041,921

26,221,530

3,023,148

31,526,076

6,736,253

8.3499%

8.2306%

0.57%

1.146%

0.00%

0.000%

2.00%

1.578%

0.29%

0.182%

0.86%

1.898%

0.00%

0.000%

0.57%

0.406%

01/20/04

2,504,948

26,295,013

3,027,379

31,566,794

2,120,919

8.3496%

8.2303%

0.28%

0.150%

0.00%

0.000%

1.99%

1.579%

0.28%

0.182%

0.85%

1.895%

0.00%

0.000%

0.28%

0.127%

Page 10 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Delinquent Loan Detail

Paid

Outstanding

Out. Property

Special

Disclosure Doc

Thru

Current P&I

P&I

Protection

Advance

Servicer

Foreclosure

Bankruptcy

REO

Control #

Date

Advance

Advances**

Advances

Description (1)

Transfer Date

Date

306

03/01/05

14,610.29

0.00

120

03/01/05

43,462.09

0.00

101

02/01/03

52,765.42

1,371,441.39

0.00

04/25/03

04/01/04

339

03/01/05

15,296.68

0.00

03/01/05

60,245.11

0.00

09/01/04

33,856.82

203,130.72

0.00

10/01/04

281

03/01/05

16,725.79

0.00

232

03/01/05

22,125.20

0.00

285

03/01/05

16,589.57

0.00

12/01/01

118,657.91

5,742,249.12

0.00

08/27/01

11/04/03

296

03/01/05

17,346.20

0.00

03/01/05

124,782.47

0.00

369

03/01/05

12,873.81

0.00

11/22/04

337

10/01/03

10,382.85

220,392.56

0.00

12/10/03

03/18/04

09/01/04

44,058.83

264,344.95

0.00

10/01/04

05/01/04

73,275.46

805,931.74

0.00

03/02/04

12/22/04

396

03/01/05

9,909.40

0.00

249

02/01/03

20,800.91

540,764.61

0.00

09/19/02

08/12/04

204

01/01/04

30,436.79

426,049.78

0.00

02/05/04

03/01/05

182,438.20

0.00

Total

920,639.80

10,110,709.68

0.00

A. P&I Advance - Loan in Grace Period

2. P&I Advance - Loan delinquent 2 months

7. P&I Advance - Loan in Foreclosure

B. P&I Advance - Late Payment but < one month delinq

3. P&I Advance - Loan delinquent 3 months or More

8. P&I Advance - Loan in Bankruptcy

1. P&I Advance - Loan delinquent 1 month

4. Matured Balloon/Assumed Scheduled Payment

9. P&I Advance - REO Loan

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

Page 11 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Pool Total

Chicago, IL 60603-4159

Distribution of Principal Balances

Distribution of Property Types

Geographic Distribution

Current Scheduled

Number

Scheduled

Based on

Number

Scheduled

Based on

Number

Scheduled

Based on

Balances

of Loans

Balance

Property Types

of Loans

Balance

Geographic Location

of Loans

Balance

$1,000,000

18,804,199

1.41%

Retail

139

526,610,428

39.39%

Florida

234,295,667

17.52%

$1,000,000

$2,000,000

130,070,171

9.73%

Multifamily

336,664,976

25.18%

New York

180,809,718

13.52%

$2,000,000

$3,000,000

117,457,061

8.78%

Office

213,982,723

16.00%

California

116,025,245

8.68%

$3,000,000

$4,000,000

106,116,072

7.94%

Lodging

142,083,878

10.63%

Texas

107,042,449

8.01%

$4,000,000

$6,000,000

220,935,899

16.52%

Health Care

65,304,174

4.88%

Georgia

74,319,272

5.56%

$6,000,000

$8,000,000

136,769,297

10.23%

Industrial

29,291,220

2.19%

Missouri

56,199,488

4.20%

$8,000,000

$10,000,000

82,427,108

6.16%

Other

11,296,828

0.84%

Pennsylvania

51,931,552

3.88%

$10,000,000

$12,000,000

34,395,241

2.57%

Mixed Use

5,866,586

0.44%

New Jersey

45,380,858

3.39%

$12,000,000

$14,000,000

51,594,850

3.86%

Mobile Home

4,214,034

0.32%

Michigan

41,585,815

3.11%

$14,000,000

$16,000,000

76,346,684

5.71%

Self Storage

1,764,935

0.13%

Virginia

37,738,147

2.82%

$16,000,000

$18,000,000

50,083,390

3.75%

Ohio

37,286,733

2.79%

$18,000,000

$20,000,000

55,714,042

4.17%

North Carolina

34,130,084

2.55%

$20,000,000

$22,000,000

63,222,185

4.73%

Total

292

1,337,079,781

100.00%

Tennessee

28,371,318

2.12%

$22,000,000

$24,000,000

22,757,655

1.70%

Utah

28,139,717

2.10%

$24,000,000

$28,000,000

104,312,695

7.80%

Distribution of Mortgage Interest Rates

Illinois

27,882,189

2.09%

$28,000,000

$32,000,000

30,431,110

2.28%

Current Mortgage

Number

Scheduled

Based on

Connecticut

26,767,575

2.00%

$32,000,000

$34,000,000

0.00%

Interest Rate

of Loans

Balance

Alabama

23,011,844

1.72%

$34,000,000

$38,000,000

35,642,122

2.67%

7.000% or less

0.00%

Maryland

21,247,827

1.59%

$38,000,000

$44,000,000

0.00%

7.000% to 7.500%

202,510,970

15.15%

Kansas

19,569,786

1.46%

$44,000,000

Above

0.00%

7.500% to 8.000%

373,752,708

27.95%

Wisconsin

19,424,149

1.45%

Total

292

1,337,079,781

100.00%

8.000% to 8.500%

101

442,974,498

33.13%

Louisiana

18,539,037

1.39%

Average Scheduled Balance is

4,532,474

8.500% to 9.000%

205,126,002

15.34%

Arizona

17,475,972

1.31%

Maximum Scheduled Balance is

35,642,122

9.000% to 9.500%

76,541,190

5.72%

Indiana

16,267,481

1.22%

Minimum Scheduled Balance is

531,705

9.500% to 10.000%

6,146,175

0.46%

South Carolina

14,937,850

1.12%

10.000% to 10.500%

30,028,238

2.25%

Minnesota

14,702,415

1.10%

10.500% to 11.000%

0.00%

Colorado

11,757,883

0.88%

11.000% to 11.500%

0.00%

Oklahoma

6,883,964

0.51%

11.500% to 12.000%

0.00%

Washington

5,407,227

0.40%

12.000% to 12.500%

0.00%

Massachusetts

5,379,359

0.40%

12.500% to 13.000%

0.00%

Arkansas

5,038,877

0.38%

13.000% to 13.500%

0.00%

Other

9,530,283

0.71%

13.500% &

Above

0.00%

Total

292

1,337,079,781

100.00%

Total

292

1,337,079,781

100.00%

W/Avg Mortgage Interest Rate is

8.3340%

Minimum Mortgage Interest Rate is

7.0650%

Maximum Mortgage Interest Rate is

10.5000%

Page 12 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Pool Total

Chicago, IL 60603-4159

Loan Seasoning

Distribution of Remaining Term

Distribution of DSCR

Number

Scheduled

Based on

Fully Amortizing

Debt Service

Number

Scheduled

Based on

Number of Years

of Loans

Balance

Fully Amortizing

Number

Scheduled

Based on

Coverage Ratio (1)

of Loans

Balance

1 year or less

0.00%

Mortgage Loans

of Loans

Balance

0.500 or less

2,078,580

0.16%

1+ to 2 years

0.00%

60 months or less

9,966,423

0.75%

0.500 to 0.625

0.00%

2+ to 3 years

0.00%

61 to 120 months

4,002,594

0.30%

0.625 to 0.750

651,606

0.05%

3+ to 4 years

0.00%

121 to 180 months

103,292,013

7.73%

0.750 to 0.875

1,052,662

0.08%

4+ to 5 years

0.00%

181 to 240 months

72,298,023

5.41%

0.875 to 1.000

2,523,921

0.19%

5+ to 6 years

0.00%

241 to 360 months

35,576,269

2.66%

1.000 to 1.125

12,513,702

0.94%

6+ to 7 years

0.00%

Total

225,135,322

16.84%

1.125 to 1.250

8,612,225

0.64%

7+ to 8 years

268

1,297,108,774

97.01%

Weighted Average Months to Maturity is

179

1.250 to 1.375

10,139,494

0.76%

8+ to 9 years

39,971,007

2.99%

1.375 to 1.500

18,227,119

1.36%

9+ to 10 years

0.00%

1.500 to 1.625

34,499,437

2.58%

10 years or more

0.00%

1.625 to 1.750

13,211,904

0.99%

Total

292

1,337,079,781

100.00%

1.750 to 1.875

11,073,222

0.83%

Weighted Average Seasoning is

7.6

1.875 to 2.000

6,412,644

0.48%

2.000 to 2.125

1,935,142

0.14%

2.125 & above

4,138,873

0.31%

Unknown

242

1,210,009,249

90.50%

Total

292

1,337,079,781

100.00%

Weighted Average Debt Service Coverage Ratio is

1.492

Distribution of Amortization Type

Number

Scheduled

Based on

Distribution of Remaining Term

Amortization Type

of Loans

Balance

Balloon Loans

NOI Aging

Fully Amortizing

203,821,755

15.24%

Balloon

Number

Scheduled

Based on

Number

Scheduled

Based on

Amortizing Balloon

206

991,788,537

74.18%

Mortgage Loans

of Loans

Balance

NOI Date

of Loans

Balance

Interest Only / Amortizing / Balloon

63,187,175

4.73%

12 months or less

16,126,259

1.21%

1 year or less

0.00%

Other

78,282,313

5.85%

13 to 24 months

12,073,175

0.90%

1 to 2 years

0.00%

25 to 36 months

164

679,240,915

50.80%

2 Years or More

127,070,532

9.50%

37 to 48 months

0.00%

Unknown

242

1,210,009,249

90.50%

49 to 60 months

0.00%

Total

292

1,337,079,781

100.00%

61 to 120 months

290,966,874

21.76%

121 to 180 months

71,650,987

5.36%

181 to 240 months

41,886,249

3.13%

Total

292

1,337,079,781

100.00%

Total

215

1,111,944,459

83.16%

Weighted Average Months to Maturity is

(1) Debt Service Coverage Ratios are calculated as described in the prospectus, values are updated periodically as new NOI figures became available from borrowers on an asset level.
Neither the Trustee, Servicer, Special Servicer or Underwriter makes any representation as to the accuracy of the data provided by the borrower for this calculation.

Page 13 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

FUCM97C2

Industrial

7/1/2007

1.630

12/31/2000

0.000%

8/1/2002

FUCM97C2

Retail

11/1/2012

35,642,122

7.470%

277,924

FUCM97C2

Retail

11/1/2007

0.000%

6/1/2004

FUCM97C2

Multifamily

9/1/2012

30,431,110

7.430%

232,633

FUCM97C2

Office

10/1/2022

25,758,490

7.185%

215,846

FUCM97C2

Multifamily

5/1/2007

1.070

12/31/2002

0.000%

7/1/2004

FUCM97C2

Lodging

11/1/2012

25,606,754

7.960%

223,059

FUCM97C2

Multifamily

5/1/2007

26,532,798

8.250%

217,867

FUCM97C2

Retail

7/1/2012

26,414,653

8.120%

214,109

FUCM97C2

Retail

10/1/2002

1.410

12/31/2001

0.000%

10/1/2002

FUCM97C2

Office

6/1/2017

22,757,655

8.410%

193,207

FUCM97C2

Health Care

9/1/2022

21,635,612

8.631%

182,103

FUCM97C2

Retail

10/1/2012

21,280,161

7.750%

164,775

FUCM97C2

Office

6/1/2022

20,306,412

8.420%

183,964

FUCM97C2

Office

8/1/2007

1.580

12/31/2002

18,747,661

7.910%

163,703

FUCM97C2

Office

8/1/2012

15,331,439

7.065%

169,512

FUCM97C2

Multifamily

11/1/2007

18,427,344

7.450%

139,159

FUCM97C2

Multifamily

9/1/2007

18,539,037

7.940%

145,917

FUCM97C2

Retail

6/1/2007

2,514,058

8.930%

48,052

3,382,991

FUCM97C2

Office

8/1/2007

17,693,574

7.880%

138,736

FUCM97C2

Multifamily

7/1/2007

0.000%

12/10/2004

FUCM97C2

Retail

8/1/2012

16,263,557

8.250%

139,172

FUCM97C2

Lodging

9/1/2004

16,126,259

8.690%

120,674

FUCM97C2

Multifamily

7/1/2007

1.370

12/31/2000

0.000%

7/2/2002

FUCM97C2

Multifamily

7/1/2007

1.450

12/31/2000

0.000%

7/2/2002

FUCM97C2

Lodging

11/1/2012

14,968,046

7.920%

130,041

FUCM97C2

Retail

11/1/2012

15,448,714

7.470%

120,463

FUCM97C2

Multifamily

10/1/2027

15,226,860

7.600%

116,502

FUCM97C2

Office

6/1/2012

15,371,625

8.420%

125,936

* 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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 14 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

FUCM97C2

Office

10/1/2017

13,158,771

8.250%

138,887

FUCM97C2

Multifamily

5/1/2007

0.000%

7/1/2004

FUCM97C2

Multifamily

9/1/2022

13,572,722

8.050%

109,113

FUCM97C2

Multifamily

11/1/2027

12,769,962

7.510%

97,986

FUCM97C2

Retail

9/1/2007

8.100%

100,001

12,389,574

4/1/2005

FUCM97C2

Retail

10/1/2007

12,093,396

7.620%

92,676

FUCM97C2

Multifamily

7/1/2007

11,670,057

8.375%

95,161

FUCM97C2

Retail

9/1/2007

11,720,546

8.650%

97,446

FUCM97C2

Lodging

11/1/2007

0.480

12/31/2002

0.000%

10/1/2003

FUCM97C2

Office

7/1/2004

1.940

12/31/2000

0.000%

2/1/2002

FUCM97C2

Health Care

8/1/2007

11,004,638

8.410%

89,904

FUCM97C2

Retail

2/1/2019

1.090

12/31/2000

0.000%

11/1/2002

FUCM97C2

Retail

10/1/2012

9,755,729

8.000%

77,045

FUCM97C2

Retail

6/1/2007

9,439,978

8.691%

80,597

FUCM97C2

Multifamily

9/1/2007

9,176,139

7.360%

68,965

FUCM97C2

Office

8/1/2007

9,309,491

8.250%

75,127

FUCM97C2

Retail

7/1/2019

9,588,822

10.125%

87,456

FUCM97C2

Lodging

5/1/2007

8,653,439

9.400%

84,942

FUCM97C2

Retail

10/1/2007

0.000%

7/1/1999

FUCM97C2

Retail

7/1/2019

9,290,831

10.125%

84,738

FUCM97C2

Retail

9/1/2007

8,626,814

8.100%

69,630

FUCM97C2

Multifamily

8/1/2012

8,585,865

8.450%

73,441

FUCM97C2

Health Care

6/1/2007

4,228,785

10.500%

44,377

FUCM97C2

Health Care

6/1/2007

3,922,933

7.603%

34,152

FUCM97C2

Multifamily

8/1/2001

0.000%

6/1/1999

FUCM97C2

Industrial

11/1/2012

0.000%

5/1/2004

FUCM97C2

Multifamily

9/1/2004

1.220

12/31/2000

0.000%

8/1/2002

FUCM97C2

Industrial

9/1/2004

0.000%

10/1/2004

FUCM97C2

Retail

11/1/2007

7,751,992

7.500%

59,433

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 15 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

FUCM97C2

Retail

10/1/2012

7,897,495

8.000%

62,370

FUCM97C2

Retail

10/1/2007

7,797,501

7.980%

62,252

FUCM97C2

Health Care

10/1/2007

7,412,020

8.070%

65,999

FUCM97C2

Multifamily

7/1/2007

0.000%

8/1/2003

FUCM97C2

Retail

7/1/2007

1.770

9/30/2002

7,681,643

8.310%

62,328

FUCM97C2

Industrial

7/1/2017

6,399,758

9.125%

73,757

FUCM97C2

Retail

9/1/2007

7,468,771

8.375%

60,806

FUCM97C2

Multifamily

7/1/2007

7,490,334

8.650%

62,366

FUCM97C2

Multifamily

10/1/2007

6,903,138

7.450%

52,185

FUCM97C2

Office

7/1/2004

1.240

12/31/2000

0.000%

4/1/2002

FUCM97C2

Multifamily

6/1/2004

0.000%

12/1/2003

FUCM97C2

Multifamily

8/1/2007

0.000%

1/1/2005

FUCM97C2

Retail

11/1/2016

5,583,909

7.313%

59,674

FUCM97C2

Retail

11/1/2007

6,372,639

7.950%

52,799

FUCM97C2

Retail

6/1/2007

0.000%

3/1/2005

FUCM97C2

Retail

10/1/2007

6,585,341

8.160%

53,338

FUCM97C2

Multifamily

8/1/2007

6,587,219

7.720%

51,004

FUCM97C2

Multifamily

8/1/2007

1.400

12/31/2002

0.000%

2/1/2005

FUCM97C2

Multifamily

5/1/2004

0.000%

12/1/2003

FUCM97C2

Retail

7/1/2007

6,484,789

8.630%

54,711

FUCM97C2

Multifamily

5/1/2004

0.000%

6/1/2003

FUCM97C2

Lodging

11/1/2012

6,180,941

7.960%

53,842

FUCM97C2

Multifamily

11/1/2007

6,561,483

7.500%

48,945

FUCM97C2

Retail

10/1/2007

6,486,462

7.840%

50,585

FUCM97C2

Retail

9/1/2007

6,349,208

8.000%

52,530

FUCM97C2

Multifamily

9/1/2007

1.820

12/31/2001

0.000%

10/1/2002

FUCM97C2

Multifamily

11/1/2007

0.000%

11/1/2004

FUCM97C2

Lodging

8/1/2007

5,987,928

8.500%

54,321

FUCM97C2

Retail

11/1/2007

6,228,032

7.750%

48,179

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 16 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

FUCM97C2

Lodging

11/1/2012

6,033,487

9.000%

56,226

FUCM97C2

Multifamily

9/1/2012

6,097,045

7.740%

47,238

FUCM97C2

Industrial

6/1/2022

5,892,734

9.375%

56,668

FUCM97C2

Multifamily

8/1/2007

1.510

12/31/1999

0.000%

3/1/2001

FUCM97C2

Retail

6/1/2007

1.710

12/31/2001

0.000%

1/1/2003

FUCM97C2

Retail

6/1/2018

5,203,006

8.188%

53,911

FUCM97C2

Industrial

7/1/2007

5,982,629

8.550%

49,437

FUCM97C2

Multifamily

9/1/2012

5,876,172

7.840%

45,888

FUCM97C2

Office

8/1/2007

5,578,208

8.375%

50,200

FUCM97C2

Retail

6/1/2012

5,599,202

8.750%

51,795

100

FUCM97C2

Health Care

10/1/2012

0.000%

3/1/2003

101

FUCM97C2

Health Care

5/1/2007

5,505,028

9.250%

53,524

102

FUCM97C2

Retail

5/1/2007

0.000%

7/1/2004

103

FUCM97C2

Retail

8/1/2007

5,769,723

8.375%

47,010

104

FUCM97C2

Retail

5/1/2017

5,535,750

8.720%

49,201

105

FUCM97C2

Retail

10/1/2007

5,619,613

8.160%

45,516

106

FUCM97C2

Multifamily

8/1/2007

1.720

12/31/2000

0.000%

8/1/2002

107

FUCM97C2

Lodging

10/1/2007

5,216,714

7.970%

45,551

108

FUCM97C2

Multifamily

3/1/2004

0.000%

6/1/2004

109

FUCM97C2

Retail

8/1/2007

5,278,235

8.125%

44,118

110

FUCM97C2

Retail

8/1/2007

5,319,803

8.150%

43,166

111

FUCM97C2

Multifamily

8/1/2007

1.880

12/31/1999

0.000%

1/12/2001

112

FUCM97C2

Multifamily

8/1/2007

5,083,588

8.300%

45,528

113

FUCM97C2

Lodging

7/1/2007

4,923,334

8.900%

46,612

114

FUCM97C2

Multifamily

10/1/2007

5,094,785

7.820%

39,669

115

FUCM97C2

Retail

8/1/2007

1.410

12/31/2001

0.000%

10/1/2002

116

FUCM97C2

Office

6/1/2007

5,172,658

9.010%

44,294

117

FUCM97C2

Other

4/1/2009

2,948,609

10.125%

70,067

118

FUCM97C2

Lodging

11/1/2007

4,775,698

8.040%

41,821

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 17 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

119

FUCM97C2

Retail

8/1/2004

2.070

12/31/2002

0.000%

2/1/2004

120

FUCM97C2

Office

7/1/2007

4,657,205

8.870%

44,007

122

FUCM97C2

Industrial

11/1/2007

0.000%

6/14/1999

123

FUCM97C2

Retail

7/1/2007

0.000%

4/1/2003

124

FUCM97C2

Retail

9/1/2017

4,445,166

7.438%

37,996

125

FUCM97C2

Retail

5/1/2004

0.000%

6/1/2004

126

FUCM97C2

Industrial

10/1/2007

4,639,340

7.793%

37,365

127

FUCM97C2

Lodging

11/1/2007

4,418,456

8.000%

38,591

128

FUCM97C2

Lodging

10/1/2007

4,410,887

7.970%

38,515

129

FUCM97C2

Mixed Use

9/1/2022

4,364,627

8.250%

39,423

130

FUCM97C2

Lodging

7/1/2020

4,287,754

9.240%

43,769

131

FUCM97C2

Multifamily

4/1/2007

0.000%

8/1/2004

132

FUCM97C2

Retail

7/1/2007

4,531,409

8.625%

37,658

133

FUCM97C2

Lodging

10/1/2007

4,233,676

7.970%

36,967

134

FUCM97C2

Multifamily

5/1/2007

4,422,881

8.520%

37,091

135

FUCM97C2

Health Care

10/1/2007

0.000%

12/1/2003

136

FUCM97C2

Health Care

8/1/2007

4,299,408

8.970%

40,183

137

FUCM97C2

Retail

5/1/2007

4,439,240

9.010%

38,656

138

FUCM97C2

Retail

6/1/2018

3,872,005

8.188%

40,120

139

FUCM97C2

Retail

5/1/2018

3,858,303

8.188%

40,120

140

FUCM97C2

Retail

10/1/2007

4,429,897

8.230%

35,618

141

FUCM97C2

Multifamily

9/1/2004

0.000%

3/1/2004

142

FUCM97C2

Multifamily

8/1/2007

1.680

12/31/2000

0.000%

6/1/2002

143

FUCM97C2

Multifamily

7/1/2007

4,423,501

8.320%

35,919

145

FUCM97C2

Office

6/1/2007

4,185,210

9.150%

40,351

146

FUCM97C2

Industrial

5/1/2004

0.000%

5/1/2004

147

FUCM97C2

Retail

8/1/2007

0.000%

12/2/2004

148

FUCM97C2

Lodging

11/1/2019

1.320

6/30/2002

0.000%

1/1/2005

149

FUCM97C2

Retail

11/1/2007

0.000%

1/1/2005

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 18 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

150

FUCM97C2

Retail

10/1/2007

4,273,939

8.000%

33,753

151

FUCM97C2

Multifamily

10/1/2007

1.450

12/31/2002

4,241,370

7.550%

32,322

152

FUCM97C2

Multifamily

5/1/2004

1.220

12/31/2002

0.000%

7/1/2003

153

FUCM97C2

Retail

7/1/2017

4,188,331

8.490%

34,953

154

FUCM97C2

Retail

7/1/2007

1.630

12/31/2002

4,184,450

8.100%

33,408

155

FUCM97C2

Retail

9/1/2007

4,192,049

8.240%

33,775

156

FUCM97C2

Multifamily

8/1/2007

0.000%

1/1/2005

157

FUCM97C2

Retail

6/1/2018

3,630,003

8.188%

37,613

158

FUCM97C2

Multifamily

9/1/2004

1.830

12/31/2002

0.000%

5/1/2004

159

FUCM97C2

Multifamily

10/1/2007

1.230

12/31/2002

4,102,820

7.375%

30,828

160

FUCM97C2

Multifamily

7/1/2007

1.500

12/31/2002

4,120,269

7.980%

32,591

161

FUCM97C2

Multifamily

6/1/2007

4,135,263

8.270%

33,494

162

FUCM97C2

Multifamily

10/1/2007

0.000%

5/1/2003

163

FUCM97C2

Lodging

11/1/2007

3,908,567

8.150%

34,476

164

FUCM97C2

Retail

10/1/2007

3,648,428

7.625%

34,424

165

FUCM97C2

Retail

9/1/2007

1.550

12/31/2002

4,048,349

8.180%

32,466

166

FUCM97C2

Other

4/1/2009

2,313,752

9.875%

55,557

167

FUCM97C2

Retail

11/1/2012

4,032,898

7.470%

31,447

168

FUCM97C2

Retail

10/1/2007

3,969,933

7.625%

30,435

169

FUCM97C2

Lodging

4/1/2007

3,832,311

9.050%

36,174

170

FUCM97C2

Retail

9/1/2007

1.950

12/31/2002

3,835,348

8.500%

31,525

171

FUCM97C2

Retail

6/1/2007

3,806,762

9.220%

33,641

172

FUCM97C2

Multifamily

5/1/2007

3,786,220

8.900%

32,695

173

FUCM97C2

Multifamily

7/1/2007

3,784,070

8.150%

30,328

174

FUCM97C2

Multifamily

7/1/2007

1.510

12/31/2000

0.000%

11/1/2002

175

FUCM97C2

Retail

10/1/2007

3,646,627

8.188%

30,530

176

FUCM97C2

Lodging

9/1/2007

3,553,366

8.460%

32,101

177

FUCM97C2

Lodging

8/1/2007

0.000%

10/1/2003

178

FUCM97C2

Office

5/1/2007

0.000%

11/1/2004

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 19 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

180

FUCM97C2

Multifamily

3/1/2004

2.420

12/31/2000

0.000%

10/1/2001

181

FUCM97C2

Multifamily

3/1/2004

1.540

12/31/2000

0.000%

4/1/2002

182

FUCM97C2

Lodging

10/1/2012

3,466,059

8.375%

31,076

183

FUCM97C2

Multifamily

7/1/2007

0.000%

8/1/2003

184

FUCM97C2

Office

6/1/2007

3,550,929

8.720%

30,206

185

FUCM97C2

Other

1/1/2009

2,030,320

10.125%

49,800

186

FUCM97C2

Lodging

10/1/2007

3,352,910

7.970%

29,277

187

FUCM97C2

Multifamily

10/1/2022

3,307,035

7.960%

29,228

188

FUCM97C2

Retail

7/1/2004

1.400

12/31/2000

0.000%

8/1/2001

189

FUCM97C2

Retail

7/1/2004

1.400

12/31/2000

0.000%

8/1/2001

190

FUCM97C2

Retail

9/1/2007

1.440

12/31/2000

0.000%

9/1/2001

191

FUCM97C2

Multifamily

9/1/2007

3,494,517

7.970%

27,569

192

FUCM97C2

Office

10/1/2007

3,484,169

8.500%

28,604

193

FUCM97C2

Office

7/1/2007

2.280

12/31/2002

3,435,250

8.720%

29,186

194

FUCM97C2

Retail

7/1/2022

1.690

12/31/2002

3,292,664

8.710%

30,319

195

FUCM97C2

Multifamily

10/1/2007

1.460

12/31/1999

0.000%

11/27/2000

196

FUCM97C2

Other

1/1/2009

1,940,871

10.125%

47,605

197

FUCM97C2

Retail

7/1/2007

3,390,459

8.670%

28,272

198

FUCM97C2

Retail

5/1/2007

0.000%

8/1/2003

199

FUCM97C2

Office

5/1/2004

0.000%

11/1/2003

200

FUCM97C2

Health Care

8/1/2017

2,911,774

8.625%

31,527

201

FUCM97C2

Multifamily

10/1/2012

0.000%

3/1/2004

202

FUCM97C2

Multifamily

6/1/2022

3,275,449

8.350%

26,692

203

FUCM97C2

Multifamily

9/1/2007

3,236,066

7.790%

25,171

204

FUCM97C2

Lodging

10/1/2017

2,850,476

8.625%

30,651

205

FUCM97C2

Retail

4/1/2007

3,232,624

9.000%

28,162

206

FUCM97C2

Office

9/1/2007

1.090

12/31/2002

3,153,074

7.820%

24,883

207

FUCM97C2

Retail

10/1/2004

0.000%

5/1/2004

208

FUCM97C2

Retail

9/1/2007

3,180,030

8.490%

26,119

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 20 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

209

FUCM97C2

Health Care

8/1/2007

1.850

12/31/1999

0.000%

3/1/2001

210

FUCM97C2

Retail

8/1/2004

0.000%

8/1/2003

211

FUCM97C2

Retail

6/1/2007

-0.010

12/31/2000

0.000%

10/19/2001

212

FUCM97C2

Industrial

10/1/2007

3,162,515

8.530%

26,023

213

FUCM97C2

Office

8/1/2012

2,237,659

8.680%

33,841

214

FUCM97C2

Office

10/1/2007

1.560

12/31/2002

2,681,522

7.750%

27,600

215

FUCM97C2

Retail

10/1/2007

0.000%

12/1/2004

216

FUCM97C2

Retail

4/1/2008

2,978,341

8.375%

25,612

217

FUCM97C2

Lodging

7/1/2007

0.000%

4/1/2004

218

FUCM97C2

Multifamily

7/1/2007

0.000%

7/1/2004

219

FUCM97C2

Multifamily

5/1/2007

3,047,445

8.900%

26,315

220

FUCM97C2

Retail

5/1/2004

0.000%

12/1/2003

221

FUCM97C2

Multifamily

6/1/2007

0.000%

8/1/2003

222

FUCM97C2

Retail

9/1/2012

0.000%

3/1/2004

223

FUCM97C2

Retail

11/1/2012

2,732,644

7.875%

23,670

224

FUCM97C2

Office

9/1/2007

2,899,440

8.490%

23,814

225

FUCM97C2

Multifamily

9/1/2007

2,867,800

7.822%

22,363

226

FUCM97C2

Multifamily

8/1/2004

1.600

12/31/1999

0.000%

12/12/2000

227

FUCM97C2

Office

5/1/2007

2,821,026

9.375%

25,807

228

FUCM97C2

Retail

8/1/2015

2,220,238

7.660%

25,971

229

FUCM97C2

Multifamily

7/1/2007

0.000%

4/1/2003

230

FUCM97C2

Mobile Home

10/1/2007

1.140

12/31/2002

2,777,562

7.790%

21,575

231

FUCM97C2

Multifamily

10/1/2007

0.000%

3/1/2005

232

FUCM97C2

Retail

9/1/2007

1.280

12/31/2002

2,793,790

8.220%

22,475

233

FUCM97C2

Multifamily

3/1/2004

1.440

12/31/2000

0.000%

6/1/2002

234

FUCM97C2

Retail

9/1/2007

2,546,231

7.900%

22,463

235

FUCM97C2

Retail

9/1/2010

1.340

12/31/2002

2,568,169

7.875%

22,334

237

FUCM97C2

Office

11/1/2017

1.380

12/31/2002

2,301,494

8.125%

24,061

238

FUCM97C2

Lodging

11/1/2019

0.000%

1/1/2005

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 21 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

239

FUCM97C2

Lodging

9/1/2007

-0.370

12/31/2002

0.000%

10/1/2003

240

FUCM97C2

Retail

9/1/2007

2,581,415

8.420%

21,371

241

FUCM97C2

Lodging

9/1/2007

2,285,176

8.875%

24,968

242

FUCM97C2

Retail

6/1/2018

2,258,669

8.188%

23,403

243

FUCM97C2

Multifamily

3/1/2004

1.720

12/31/2000

0.000%

6/1/2002

244

FUCM97C2

Retail

7/1/2017

2,277,122

9.140%

25,354

245

FUCM97C2

Retail

10/1/2007

2,425,117

7.750%

20,870

246

FUCM97C2

Office

5/1/2007

2,432,402

9.504%

24,034

247

FUCM97C2

Office

10/1/2007

1.450

12/31/2000

0.000%

8/1/2002

248

FUCM97C2

Office

10/1/2007

0.000%

1/1/2005

249

FUCM97C2

Multifamily

8/1/2007

2,528,623

8.620%

20,991

250

FUCM97C2

Retail

7/1/2007

0.900

12/31/2002

2,523,921

8.550%

20,856

251

FUCM97C2

Multifamily

7/1/2004

1.490

12/31/2001

0.000%

9/1/2002

252

FUCM97C2

Retail

7/1/2007

1.590

12/31/2002

2,505,104

8.100%

20,000

253

FUCM97C2

Self Storage

10/1/2012

1,764,935

8.500%

26,588

254

FUCM97C2

Retail

5/1/2007

2,501,713

9.150%

22,017

255

FUCM97C2

Lodging

11/1/2019

0.000%

1/1/2005

256

FUCM97C2

Retail

11/1/2007

1.680

12/31/2002

2,417,436

7.990%

19,060

257

FUCM97C2

Multifamily

10/1/2027

0.000%

5/1/2004

258

FUCM97C2

Multifamily

9/1/2004

1.800

12/31/2002

0.000%

3/1/2004

259

FUCM97C2

Multifamily

10/1/2027

2,381,227

8.000%

19,041

260

FUCM97C2

Retail

6/1/2007

0.000%

10/1/2003

261

FUCM97C2

Retail

11/1/2012

1.280

12/31/2002

2,288,678

7.750%

17,910

262

FUCM97C2

Retail

11/1/2007

0.000%

8/1/2004

263

FUCM97C2

Retail

8/1/2007

2,189,234

8.550%

20,215

264

FUCM97C2

Multifamily

7/1/2022

2,213,304

8.450%

20,047

265

FUCM97C2

Retail

5/1/2004

0.000%

4/1/2004

266

FUCM97C2

Other

5/1/2017

2,063,277

7.960%

20,432

267

FUCM97C2

Multifamily

9/1/2007

1.810

12/31/2002

2,251,196

7.550%

17,180

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 22 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

268

FUCM97C2

Multifamily

6/1/2007

0.000%

5/1/2004

269

FUCM97C2

Multifamily

3/1/2004

1.660

12/31/2000

0.000%

7/1/2002

270

FUCM97C2

Retail

11/1/2012

1.400

12/31/2000

0.000%

11/1/2002

271

FUCM97C2

Multifamily

8/1/2007

2,222,661

7.940%

17,510

272

FUCM97C2

Retail

7/1/2007

1.580

12/31/2002

2,226,759

8.100%

17,778

273

FUCM97C2

Multifamily

5/1/2004

0.000%

11/1/2003

275

FUCM97C2

Retail

5/1/2007

0.000%

10/1/2004

276

FUCM97C2

Retail

6/1/2017

1.620

12/31/2002

2,177,690

8.750%

18,291

277

FUCM97C2

Health Care

8/1/2007

0.200

6/30/2002

2,078,580

8.870%

19,305

278

FUCM97C2

Multifamily

6/1/2007

2,140,371

8.740%

18,235

279

FUCM97C2

Multifamily

11/1/2007

7.510%

16,098

2,121,349

4/1/2005

280

FUCM97C2

Retail

10/1/2007

2,110,804

8.160%

17,097

281

FUCM97C2

Multifamily

10/1/2007

1,991,021

7.610%

16,975

282

FUCM97C2

Multifamily

9/1/2007

1.610

12/31/2002

2,112,351

8.040%

16,757

283

FUCM97C2

Retail

7/1/2017

1,779,018

7.930%

18,954

284

FUCM97C2

Retail

6/1/2017

1,749,209

7.375%

18,184

285

FUCM97C2

Multifamily

7/1/2007

2,071,371

8.190%

16,883

286

FUCM97C2

Retail

11/1/2007

0.000%

5/1/2004

287

FUCM97C2

Retail

10/1/2004

1.190

12/31/2002

0.000%

1/1/2004

288

FUCM97C2

Multifamily

8/1/2007

2,056,348

7.910%

16,369

289

FUCM97C2

Retail

8/1/2007

1,990,426

8.330%

17,861

290

FUCM97C2

Office

7/1/2007

1.690

6/30/2002

2,043,236

8.730%

18,017

291

FUCM97C2

Multifamily

5/1/2007

0.000%

1/1/2005

292

FUCM97C2

Multifamily

7/1/2007

0.000%

3/1/2003

293

FUCM97C2

Industrial

10/1/2007

2,050,335

8.188%

16,431

294

FUCM97C2

Multifamily

9/1/2007

1.980

12/31/2002

2,045,591

8.125%

16,335

295

FUCM97C2

Multifamily

10/1/2007

2.930

12/31/2001

0.000%

10/1/2002

296

FUCM97C2

Retail

9/1/2007

2.080

12/31/2002

1,935,142

8.540%

17,572

297

FUCM97C2

Multifamily

8/1/2007

1.960

12/31/1999

0.000%

1/12/2001

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 23 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

298

FUCM97C2

Retail

11/1/2017

1,858,697

7.500%

16,031

299

FUCM97C2

Multifamily

8/1/2025

2,002,444

8.000%

15,849

300

FUCM97C2

Multifamily

8/1/2007

1,979,421

8.090%

15,985

301

FUCM97C2

Retail

6/1/2007

0.000%

10/1/2004

302

FUCM97C2

Multifamily

6/1/2007

1,956,101

8.580%

16,460

303

FUCM97C2

Retail

11/1/2017

1,820,539

7.500%

15,702

304

FUCM97C2

Health Care

11/1/2007

732,872

8.150%

25,646

305

FUCM97C2

Multifamily

9/1/2007

1.110

12/31/2002

1,933,542

7.550%

14,755

306

FUCM97C2

Multifamily

9/1/2007

1,933,542

7.550%

14,755

307

FUCM97C2

Multifamily

6/1/2027

1,944,224

9.000%

16,897

308

FUCM97C2

Retail

4/1/2004

0.240

12/31/2002

0.000%

8/1/2003

309

FUCM97C2

Multifamily

9/1/2007

1,895,085

7.780%

14,729

310

FUCM97C2

Retail

7/1/2017

1,765,134

7.790%

15,527

311

FUCM97C2

Retail

9/1/2007

1.390

12/31/2002

1,859,785

8.150%

15,071

312

FUCM97C2

Multifamily

8/1/2004

1.840

12/31/1999

0.000%

12/12/2000

313

FUCM97C2

Multifamily

6/1/2007

1,822,957

8.625%

16,067

314

FUCM97C2

Retail

7/1/2017

1,734,046

7.790%

15,253

315

FUCM97C2

Multifamily

6/1/2007

1,849,660

8.700%

15,710

316

FUCM97C2

Multifamily

11/1/2007

0.000%

10/1/2003

317

FUCM97C2

Office

10/1/2007

1,848,233

7.680%

14,232

318

FUCM97C2

Retail

10/1/2007

1,842,600

8.280%

15,068

319

FUCM97C2

Retail

7/1/2007

1.410

12/31/2002

1,857,429

9.150%

16,309

320

FUCM97C2

Multifamily

6/1/2007

1,865,695

8.500%

15,378

321

FUCM97C2

Office

6/1/2004

0.000%

7/1/2004

322

FUCM97C2

Retail

4/1/2007

1,784,366

9.125%

16,955

323

FUCM97C2

Multifamily

10/1/2022

1.240

12/31/2002

1,731,842

7.960%

15,306

324

FUCM97C2

Retail

11/1/2017

1,699,278

7.500%

14,656

325

FUCM97C2

Retail

9/1/2017

1,694,991

7.790%

14,842

326

FUCM97C2

Office

8/1/2012

1,592,352

8.813%

17,399

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 24 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

327

FUCM97C2

Retail

11/1/2012

0.000%

3/27/2003

328

FUCM97C2

Retail

3/1/2017

1,506,604

7.765%

16,183

329

FUCM97C2

Multifamily

7/1/2017

1.880

12/31/2002

0.000%

2/1/2004

330

FUCM97C2

Retail

3/1/2016

1,462,385

8.170%

16,907

331

FUCM97C2

Lodging

7/1/2007

1,670,418

8.900%

15,815

332

FUCM97C2

Mobile Home

9/1/2015

1,436,472

8.250%

16,913

333

FUCM97C2

Multifamily

8/1/2027

1,732,712

8.625%

14,389

334

FUCM97C2

Retail

11/1/2017

1,583,661

7.500%

13,659

335

FUCM97C2

Multifamily

8/1/2007

1,679,225

8.180%

13,658

336

FUCM97C2

Retail

11/1/2016

1.060

12/31/2002

1,408,444

8.375%

15,863

337

FUCM97C2

Multifamily

10/1/2006

1,651,348

7.710%

10,610

338

FUCM97C2

Multifamily

8/1/2004

0.000%

4/1/2004

339

FUCM97C2

Health Care

1/1/2007

1,572,525

9.250%

15,415

340

FUCM97C2

Retail

11/1/2017

1,510,396

7.500%

13,027

341

FUCM97C2

Retail

5/1/2007

1,606,339

9.313%

14,311

342

FUCM97C2

Retail

9/1/2016

1,315,656

7.930%

14,627

343

FUCM97C2

Retail

12/1/2016

1.030

12/31/2002

1,379,123

8.500%

15,080

344

FUCM97C2

Multifamily

8/1/2004

0.000%

4/1/2004

345

FUCM97C2

Multifamily

7/1/2004

0.000%

6/1/2004

346

FUCM97C2

Retail

7/1/2016

1,281,975

8.070%

14,480

347

FUCM97C2

Retail

11/1/2016

1,316,216

8.813%

15,142

348

FUCM97C2

Retail

7/1/2016

1,277,898

8.070%

14,434

349

FUCM97C2

Retail

2/1/2016

1,240,922

8.070%

14,349

350

FUCM97C2

Multifamily

8/1/2004

0.000%

8/1/2004

351

FUCM97C2

Multifamily

6/1/2007

1,502,047

8.880%

12,935

352

FUCM97C2

Retail

2/1/2017

1.300

12/31/2002

1,279,743

7.590%

13,296

353

FUCM97C2

Mixed Use

11/1/2012

1,501,958

7.470%

11,712

354

FUCM97C2

Retail

10/1/2007

1,487,324

8.030%

11,774

355

FUCM97C2

Retail

9/1/2007

1,467,536

8.060%

11,807

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 25 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

356

FUCM97C2

Multifamily

6/1/2017

1.630

12/31/2002

1,274,118

8.980%

14,375

357

FUCM97C2

Office

10/1/2007

1,473,538

8.430%

12,032

358

FUCM97C2

Retail

7/1/2007

1,438,267

8.500%

12,360

359

FUCM97C2

Retail

9/1/2016

1,232,987

9.125%

14,519

360

FUCM97C2

Retail

10/1/2007

1.870

12/31/2002

0.000%

6/1/2004

361

FUCM97C2

Retail

12/1/2016

1,231,953

8.500%

13,414

362

FUCM97C2

Retail

5/1/2017

1,199,435

8.250%

13,095

363

FUCM97C2

Multifamily

7/1/2007

1.400

12/31/2002

1,419,489

8.490%

11,677

364

FUCM97C2

Retail

10/1/2016

1,190,469

7.500%

12,431

365

FUCM97C2

Retail

8/1/2016

1,220,737

8.875%

13,771

366

FUCM97C2

Lodging

9/1/2007

1,341,222

8.625%

12,246

367

FUCM97C2

Retail

10/1/2004

0.000%

9/1/2004

368

FUCM97C2

Retail

8/1/2007

1,396,192

8.240%

11,258

369

FUCM97C2

Retail

7/1/2007

1,351,895

9.375%

12,975

370

FUCM97C2

Multifamily

6/1/2007

2.540

12/31/2002

0.000%

8/1/2004

371

FUCM97C2

Retail

7/1/2007

991,082

9.070%

15,277

372

FUCM97C2

Retail

1/1/2017

1,175,241

7.625%

12,224

373

FUCM97C2

Multifamily

10/1/2022

1.380

12/31/2002

1,400,022

9.550%

12,431

374

FUCM97C2

Multifamily

8/1/2007

1,359,885

8.710%

11,366

375

FUCM97C2

Multifamily

8/1/2007

1,351,264

8.313%

10,957

376

FUCM97C2

Multifamily

5/1/2007

1,344,039

9.180%

11,855

377

FUCM97C2

Retail

9/1/2016

1,094,370

7.930%

12,167

378

FUCM97C2

Retail

10/1/2007

1,323,991

8.000%

10,456

379

FUCM97C2

Multifamily

11/1/2007

1,234,713

7.900%

10,713

380

FUCM97C2

Retail

10/1/2007

1,242,655

8.310%

11,094

381

FUCM97C2

Industrial

9/1/2007

0.000%

2/1/2005

382

FUCM97C2

Retail

8/1/2016

1,091,908

9.125%

12,911

383

FUCM97C2

Multifamily

6/1/2007

1.320

12/31/2002

1,209,115

9.250%

11,732

384

FUCM97C2

Retail

9/1/2017

1,075,418

7.920%

11,361

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 26 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

385

FUCM97C2

Retail

3/1/2017

1,083,006

9.000%

12,373

386

FUCM97C2

Retail

8/1/2017

1,059,884

7.750%

11,142

387

FUCM97C2

Retail

2/1/2017

1,062,188

8.791%

12,059

388

FUCM97C2

Retail

2/1/2017

1,061,309

9.000%

12,173

389

FUCM97C2

Industrial

8/1/2007

1,163,909

7.983%

10,212

390

FUCM97C2

Multifamily

10/1/2007

1.110

12/31/2002

1,209,245

8.070%

9,602

391

FUCM97C2

Multifamily

10/1/2007

1.970

12/31/2000

0.000%

8/1/2001

392

FUCM97C2

Multifamily

9/1/2022

1,143,162

7.950%

9,991

393

FUCM97C2

Retail

5/1/2007

1.840

12/31/2002

1,140,384

9.010%

10,918

394

FUCM97C2

Retail

8/1/2016

977,455

8.340%

11,134

395

FUCM97C2

Self Storage

8/1/2007

2.020

12/31/2001

0.000%

10/1/2002

396

FUCM97C2

Retail

10/1/2007

1,103,172

8.640%

10,061

397

FUCM97C2

Retail

8/1/2016

938,559

8.340%

10,691

398

FUCM97C2

Retail

8/1/2016

1.060

12/31/2002

939,275

8.375%

10,717

400

FUCM97C2

Retail

5/1/2007

0.810

12/31/2002

1,052,662

9.010%

10,079

401

FUCM97C2

Health Care

7/1/2007

1.550

12/31/2000

0.000%

3/1/2002

402

FUCM97C2

Retail

2/1/2016

1.050

12/31/2002

848,263

8.500%

10,408

403

FUCM97C2

Retail

1/1/2018

940,118

8.750%

10,114

404

FUCM97C2

Retail

8/1/2016

878,030

8.340%

10,002

405

FUCM97C2

Retail

8/1/2016

1.060

12/31/2002

873,146

8.375%

9,963

406

FUCM97C2

Multifamily

7/1/2007

1.400

12/31/2002

1,027,263

8.490%

8,450

407

FUCM97C2

Retail

11/1/2007

833,533

8.010%

8,664

408

FUCM97C2

Retail

10/1/2007

947,333

8.160%

7,673

409

FUCM97C2

Retail

10/1/2015

1.050

12/31/2002

769,590

8.500%

9,254

410

FUCM97C2

Retail

8/1/2004

0.000%

8/1/2004

411

FUCM97C2

Multifamily

6/1/2007

940,336

9.000%

8,046

412

FUCM97C2

Retail

8/1/2017

812,264

8.125%

8,689

413

FUCM97C2

Office

5/1/2007

2.670

12/31/2002

0.000%

9/1/2004

414

FUCM97C2

Multifamily

10/1/2027

869,679

8.400%

7,085

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 27 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Loan Level Detail

Property

Operating

Ending

Loan

Disclosure

Type

Maturity

Statement

Principal

Note

Scheduled

Prepayment

Status

Control #

Group

Code

Date

DSCR

Date

State

Balance

Rate

P&I

Prepayment

Date

Code (1)

415

FUCM97C2

Retail

10/1/2016

724,895

9.000%

8,450

416

FUCM97C2

Retail

3/1/2017

787,091

8.125%

7,999

417

FUCM97C2

Retail

3/1/2017

727,834

8.830%

8,246

418

FUCM97C2

Lodging

10/1/2007

0.440

12/31/2000

0.000%

11/1/2002

419

FUCM97C2

Health Care

9/1/2007

0.000%

12/1/2004

420

FUCM97C2

Retail

11/1/2012

0.000%

3/27/2003

421

FUCM97C2

Retail

10/1/2007

754,469

8.310%

6,736

422

FUCM97C2

Multifamily

6/1/2007

2.510

12/31/2002

703,624

9.000%

6,115

423

FUCM97C2

Lodging

10/1/2007

0.310

12/31/2001

0.000%

1/1/2003

424

FUCM97C2

Multifamily

5/1/2007

1.660

12/31/2002

9.125%

6,358

659,211

4/1/2005

425

FUCM97C2

Lodging

10/1/2007

0.450

12/31/2001

0.000%

12/1/2002

426

FUCM97C2

Multifamily

9/1/2027

0.660

12/31/2002

651,606

8.500%

5,429

427

FUCM97C2

Retail

11/1/2012

0.000%

3/27/2003

428

FUCM97C2

Multifamily

10/1/2007

631,441

7.620%

4,839

429

FUCM97C2

Multifamily

6/1/2007

2.000

12/31/2002

531,705

9.500%

5,242

430

FUCM97C2

Multifamily

11/1/2007

0.000%

4/1/2003

Total:

1,337,079,781

11,790,586

18,553,125

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

5. Prepaid in Full

7. Foreclosure

9. REO

11. Modification

B. P&I Adv - < one month delinq

2. P&I Adv - delinquent 2 months

4. Mat. Balloon/Assumed P&I

6. Specially Serviced

8. Bankruptcy

10. DPO

Page 28 of 28

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Chicago, IL 60603-4159

Specially Serviced Loan Detail

Ending

Specially

Disclosure

Scheduled

Interest

Maturity

Property

Serviced

Control #

Balance

Rate

Date

Type

Status Code (1)

Comments

0.00

8.100%

9/1/2007

Retail

204

2,850,476.23

8.625%

10/1/2017

Lodging

4,228,785.18

10.500%

6/1/2007

Health Care

13,572,721.88

8.050%

9/1/2022

Multifamily

(1) Legend :

1) Request for waiver of Prepayment Penalty

4) Loan with Borrower Bankruptcy

7) Loans Paid Off

2) Payment default

5) Loan in Process of Foreclosure

8) Loans Returned to Master Servicer

3) Request for Loan Modification or Workout

6) Loan now REO Property

9) Other

Appendix A

Continue leasing efforts and review possible sale of property. Received multiple offers.

Awaiting 2004 actuarial certified loss info to determine amount of LOC needed to finalize
insurance reduction/waiver. Borrower has indicated that it should be finalized by month
end.

Borrower has offered DPO at appraised value. CMSLP is awaiting receipt of 2004 year-
end financial statements in order to complete Case for Credit Committee presentation.

Outside counsel has submitted a letter to the ground lease holder, requesting an extension
of the term of the ground lease. Counsel is also researching a potential claim against
guarantor regarding a check that was deposited by guarantor and not submitted to the
receiver. Appraisal ordered.

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Chicago, IL 60603-4159

Specially Serviced Loan Detail

Ending

Specially

Disclosure

Scheduled

Interest

Maturity

Property

Serviced

Control #

Balance

Rate

Date

Type

Status Code (1)

Comments

3,922,933.34

7.603%

6/1/2007

Health Care

9,588,822.28

10.125%

7/1/2019

Retail

337

1,651,348.15

7.710%

10/1/2006

Multifamily

6,399,758.22

9.125%

7/1/2017

Industrial

(1) Legend :

1) Request for waiver of Prepayment Penalty

4) Loan with Borrower Bankruptcy

7) Loans Paid Off

2) Payment default

5) Loan in Process of Foreclosure

8) Loans Returned to Master Servicer

3) Request for Loan Modification or Workout

6) Loan now REO Property

9) Other

Appendix A

Auction will be on April 5, 2005.

Borrower has offered DPO at appraised value. CMSLP is awaiting receipt of 2004 year-
end financial statements in order to complete Case for Credit Committee presentation.

Executed mod/forbearance agreement thru 8/31/05. Owner has thru 8/31/05 to sell or
refinance the asset to provide payoff of loan. Owner and Lender agreed to a Tenant rent
reduction of approx. 25% to retain the tenant.

Receiver has hired Tranzon to auction the property on April 12. We will have a very low
reserve. Insurance claim case continues, with CMSLP appearing at hearing in Kansas
City on March 15.

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Chicago, IL 60603-4159

Specially Serviced Loan Detail

Ending

Specially

Disclosure

Scheduled

Interest

Maturity

Property

Serviced

Control #

Balance

Rate

Date

Type

Status Code (1)

Comments

101

5,505,027.71

9.250%

5/1/2007

Health Care

369

1,351,894.78

9.375%

7/1/2007

Retail

9,290,830.96

10.125%

7/1/2019

Retail

(1) Legend :

1) Request for waiver of Prepayment Penalty

4) Loan with Borrower Bankruptcy

7) Loans Paid Off

2) Payment default

5) Loan in Process of Foreclosure

8) Loans Returned to Master Servicer

3) Request for Loan Modification or Workout

6) Loan now REO Property

9) Other

Appendix A

Owner agreed to pay back rent and late charges for Oct, Nov, & December 2004 to bring
loan current. If check clears, will start the correction phase.

Pursuing Forbearance agreement with borrower through August 31, 2005 allowing
Garden Ridge to emerge from bankruptcy and giving the borrower time to refinance or
sell the asset. In process of approving Lease Amendment reducing the rental rate by 25%
so Garden Ridge will assume lease.

Sale to local investment group was approved by CMSLP Credit Committee. Awaiting
draft Purchase and Sale Agreement from outside counsel.

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Chicago, IL 60603-4159

Specially Serviced Loan Detail

Ending

Specially

Disclosure

Scheduled

Interest

Maturity

Property

Serviced

Control #

Balance

Rate

Date

Type

Status Code (1)

Comments

16,126,259.14

8.690%

9/1/2004

Lodging

249

2,528,623.03

8.620%

8/1/2007

Multifamily

21,635,611.63

8.631%

9/1/2022

Health Care

(1) Legend :

1) Request for waiver of Prepayment Penalty

4) Loan with Borrower Bankruptcy

7) Loans Paid Off

2) Payment default

5) Loan in Process of Foreclosure

8) Loans Returned to Master Servicer

3) Request for Loan Modification or Workout

6) Loan now REO Property

9) Other

Appendix A

Yes the building has mold, but it is 100% curable once the building is sealed. Estimated
cost for immediate repairs is under $325,000. This would be done as part of any major
$10-$15MM renovation as a matter of course. Proceeding to negotiate P&S with
Paramount as the high bidder. They want to close the hotel for remodeling which will
create WARN Act issues. Cost will be born by the Trust through operations.

Committee approved giving borrower until September 30 to payoff in full. Property still
managed by receiver and performing well.

Awaiting 2004 actuarial certified loss info to determine amount of LOC needed to finalize
insurance reduction/waiver. Borrower has indicated that it should be finalized by month
end.

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

First Union National Bank, Master Servicer

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepy (800) 246-5761

ABN AMRO Acct: 67-7852-70-9

135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159

Modified Loan Detail

Disclosure

Modification

Control #

Date

Description

205

11/25/2002

171

11/25/2002

Appendix B

Loan transferred to special servicer on 1/23/2002 due to bankruptcy. Borrower continued to make interest only and escrow payments for one year. The loan was modified on 11/25/2002 per the direction of
the bankrutcy court. The maturity date was extended and the borrower began making full P&I payment in December 2002.CW35

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Chicago, IL 60603-4159

Realized Loss Detail

Beginning

Gross Proceeds

Aggregate

Net

Net Proceeds

Dist.

Disclosure

Appraisal

Scheduled

Gross

as a % of

Liquidation

as a % of

Realized

Date

Control #

Date

Value

Balance

Proceeds

Sched Principal

Expenses *

Proceeds

Sched. Balance

Loss

11/19/2001

211

N/A

3,204,655.11

2,359,078.23

73.614%

311,139.22

2,047,939.01

63.905%

1,156,716.10

8/19/2002

247

N/A

2,605,611.78

1,783,187.99

68.436%

270,085.06

1,513,102.93

58.071%

1,092,508.85

11/18/2002

N/A

10,523,152.09

6,000,000.00

57.017%

513,271.72

5,486,728.28

52.140%

5,036,423.81

8/18/2003

198

N/A

3,411,452.08

1,906,497.03

55.885%

543,820.74

1,362,676.29

39.944%

2,048,775.79

8/18/2003

308

N/A

1,984,073.76

1,989,994.64

100.298%

557,628.50

1,432,366.14

72.193%

551,707.62

10/20/2003

N/A

11,149,063.65

6,000,000.00

53.816%

834,394.53

5,165,605.47

46.332%

5,983,458.18

10/20/2003

239

N/A

2,585,743.42

1,452,741.41

56.183%

1,289,780.35

162,961.06

6.302%

2,422,782.36

4/19/2004

217

N/A

3,017,372.45

2,051,497.01

67.990%

294,882.85

1,756,614.16

58.217%

1,263,758.29

5/18/2004

257

N/A

2,460,266.56

1,383,974.15

56.253%

1,374,873.50

9,100.65

0.370%

2,451,165.91

6/18/2004

108

N/A

5,429,161.09

5,638,573.78

103.857%

222,485.47

5,416,088.31

99.759%

13,072.78

Current Total

0.00

1,955.07

0.00

(1,955.07)

Cumulative

0.00

30,565,544.24

6,212,361.94

24,353,182.30

22,020,369.69

Appendix C

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

First Union Commercial Mortgage Securities, Inc.

Statement Date:

04/18/05

Wachovia Bank, National Association

Payment Date:

04/18/05

Commercial Mortgage Pass-Through Certificates

Prior Payment:

03/18/05

Series 1997-C2

Record Date:

03/31/05

Administrator:
Andy Streepey (800) 246-5761

ABN AMRO Acct: 720129.2

135 S. LaSalle Street Suite 1625

Chicago, IL 60603-4159

Interest Adjustment Summary

Shortfalls Allocated to the Bonds:

Excess Allocated to the Bonds:

Net Prepayment Interest Shortfalls Allocated to the Bonds

0.00 Recovered Realized Losses

0.00

Special Servicing Fees

23,001.22 Prepayment Interest Excess Due the Bonds

0.00

Principal Recovery Fee

513.80 Yield Maintenance Penalties Due to the Bonds

437,421.50

Liquidation Fees

0.00 Recovered Trust Fund Expenses Due to the Bonds

0.00

Legal Fees

0.00 Prepayment Penalties Due to the Bonds

42,474.26

Misc. Fees & Expenses Paid by/to Servicer

0.00 Recovered ASER Interest Due to the Bonds

176,611.61

Interest Paid to Servicer on Outstanding Advances

5,125.43 Recovered Interest Due to the Bonds

0.00

ASER Interest Advance Reduction

57,741.60 Total Excess Allocated to the Bonds

656,507.37

Interest Not Advanced (Current Period)

129,040.76

Recoup of Prior Advances by Servicer

0.00

Servicing Fees Paid Servicer on Loans Not Advanced

0.00

Misc. Fees & Expenses Paid by Trust

0.00

Shortfall Due to Rate Modification

0.00

Recovered Realized Losses Correction

0.00

Total Shortfall Allocated to the Bonds

215,422.81

Total Excess Allocated to the Bonds

656,507.37

Less Total Shortfall Allocated to the Bonds

215,422.81

Total Interest Adjustment to the Bonds

441,084.56

Appendix D

Filing Compare · WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC