8-K 1 mdc03tp9.txt JANUARY 8K 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 : January 13, 2004 (Date of earliest event reported) Commission File No.: 333-83986-13 Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2003-TOP9 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2120415 54-2120416 54-2120417 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On January 13, 2004 a distribution was made to holders of Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2003-TOP9. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-TOP9 relating to the January 13, 2004 distribution. 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. Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-TOP9 By: Wells Fargo Bank Minnesota, N.A., as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: January 16, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates Series 2003-TOP9, relating to the January 13, 2004 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045 Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-TOP9 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 01/13/2004 Record Date: 12/31/2003 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 15 Principal Prepayment Detail 16 Historical Detail 17 Delinquency Loan Detail 18 Specially Serviced Loan Detail 19 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Depositor Morgan Stanley Dean Witter Capital I, Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number : (212) 761-4700 Master Servicer Wells Fargo Bank, National Association 45 Fremont Street, 2nd Floor investorreporting@wellsfargo.com San Francisco, CA 94105 Contact: Matilde Sanchez Phone Number: (415)222-2364 Special Servicer ARCap Servicing, Inc. 5605 N. MacArthur Blvd. Irving, TX 75038 Contact: Chris Crouch Phone Number: (972) 580-1688 Ex 333 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 61746WYZ7 3.980000% 318,748,000.00 ~~310~~307,~~061~~886,~~561~~436.9339 1,~~027~~039,~~681~~275.8033 A-2 61746WZA1 4.740000% 610,834,000.00 610,834,000.00 0.00 B 61746WZB9 4.860000% 32,333,000.00 32,333,000.00 0.00 C 61746WZC7 4.990000% 35,028,000.00 35,028,000.00 0.00 D 61746WZD5 5.120000% 12,125,000.00 12,125,000.00 0.00 E 61746WZJ2 5.~~850987~~850960% 14,819,000.00 14,819,000.00 0.00 F 61746WZK9 6.~~060987~~060960% 6,737,000.00 6,737,000.00 0.00 G 61746WZL7 6.~~330987~~330960% 5,388,000.00 5,388,000.00 0.00 H 61746WZM5 6.000000% 10,778,000.00 10,778,000.00 0.00 J 61746WZN3 6.000000% 4,042,000.00 4,042,000.00 0.00 K 61746WZP8 6.000000% 5,389,000.00 5,389,000.00 0.00 L 61746WZQ6 6.000000% 5,389,000.00 5,389,000.00 0.00 M 61746WZR4 6.000000% 2,694,000.00 2,694,000.00 0.00 N 61746WZS2 6.000000% 2,695,000.00 2,695,000.00 0.00 O 61746WZT0 6.000000% 10,777,825.39 10,777,825.39 0.00 R-III N/A 0.000000% 0.00 0.00 0.00 Totals 1,077,776,825.39 1,~~069~~066,~~090~~915,~~387~~261.3278 1,~~027~~039,~~681~~275.8033

Class CUSIP Interest Prepayment Realized Loss/ Total Current Distribution Penalties Additional Trust Distribution Ending Balance Subordination Fund Expenses Level(1) A-1 61746WYZ7 1,~~028~~021,~~370~~156.8568 0.00 0.00 2,~~056~~060,~~052~~432.6501 ~~309~~306,~~033~~847,~~880~~161.1306 13.8890% A-2 61746WZA1 2,412,794.30 0.00 0.00 2,412,794.30 610,834,000.00 13.8890% B 61746WZB9 130,948.65 0.00 0.00 130,948.65 32,333,000.00 10.8587% C 61746WZC7 145,658.10 0.00 0.00 145,658.10 35,028,000.00 7.5758% D 61746WZD5 51,733.33 0.00 0.00 51,733.33 12,125,000.00 6.4345% E 61746WZJ2 72,254.8148 0.00 0.00 72,254.8148 14,819,000.00 5.0506% F 61746WZK9 34,027.3924 0.00 0.00 34,027.3924 6,737,000.00 4.4142% G 61746WZL7 28,426.1301 0.00 0.00 28,426.1301 5,388,000.00 3.9192% H 61746WZM5 53,890.00 0.00 0.00 53,890.00 10,778,000.00 2.9091% J 61746WZN3 20,210.00 0.00 0.00 20,210.00 4,042,000.00 2.5253% K 61746WZP8 26,945.00 0.00 0.00 26,945.00 5,389,000.00 2.02% L 61746WZQ6 26,945.00 0.00 0.00 26,945.00 5,389,000.00 1.5152% M 61746WZR4 13,470.00 0.00 0.00 13,470.00 2,694,000.00 1.26% N 61746WZS2 13,475.00 0.00 0.00 13,475.00 2,695,000.00 1.01% O 61746WZT0 53,~~889~~921.13 0.00 0.00 53,~~889~~921.13 10,777,825.39 0.00% R-III N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 4,~~113~~105,~~037~~854.6992 0.00 0.00 5,~~140~~145,~~719~~130.4925 1,~~068~~065,~~062~~875,~~705~~986.5245

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 61746WZG8 0.~~154238~~149761% 1,077,776,825.39 1,~~069~~066,~~090~~915,~~387~~261.3278 X-2 61746WZH6 1.~~679322~~679293% 993,173,000.00 993,173,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 61746WZG8 ~~137~~133,~~412~~151.0384 0.00 ~~137~~133,~~412~~151.0384 1,~~068~~065,~~062~~875,~~705~~986.5245 X-2 61746WZH6 1,389,~~881~~857.2806 0.00 1,389,~~881~~857.2806 993,173,000.00 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).

Certificate Factor Detail Prepayment Realized Loss/ Ending Beginning Principal Interest Penalties Additional Trust Balance Class CUSIP Balance Distribution Distribution Fund Expenses A-1 61746WYZ7 ~~972~~965.~~74825859~~92429251 3.~~22411999~~26049208 3.~~22628173~~20364890 0.00000000 0.00000000 ~~969~~962.~~52413860~~66380043 A-2 61746WZA1 1,000.00000000 0.00000000 3.95000000 0.00000000 0.00000000 1,000.00000000 B 61746WZB9 1,000.00000000 0.00000000 4.05000000 0.00000000 0.00000000 1,000.00000000 C 61746WZC7 1,000.00000000 0.00000000 4.15833333 0.00000000 0.00000000 1,000.00000000 D 61746WZD5 1,000.00000000 0.00000000 4.26666639 0.00000000 0.00000000 1,000.00000000 E 61746WZJ2 1,000.00000000 0.00000000 4.~~87582226~~87579999 0.00000000 0.00000000 1,000.00000000 F 61746WZK9 1,000.00000000 0.00000000 5.~~05082232~~05080006 0.00000000 0.00000000 1,000.00000000 G 61746WZL7 1,000.00000000 0.00000000 5.~~27582220~~27579993 0.00000000 0.00000000 1,000.00000000 H 61746WZM5 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 J 61746WZN3 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 K 61746WZP8 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 L 61746WZQ6 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 M 61746WZR4 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 N 61746WZS2 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 O 61746WZT0 1,000.00000000 0.00000000 5.~~00000028~~00296934 0.00000000 0.00000000 1,000.00000000 R-III N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount X-1 61746WZG8 ~~991~~989.~~94041116~~92225166 0.~~12749581~~12354305 0.00000000 ~~990~~988.~~98689113~~95797473 X-2 61746WZH6 1,000.00000000 1.~~39943522~~39941084 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 198,~~677,863~~760.4605 Servicing Advances Outstanding 0.00 Reimbursement for Interest on Advances 0.00 paid from general collections Current Period Accrued Servicing Fees 42,~~750~~660.2833 Less Delinquent Servicing Fees ~~15,796~~515.0514 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received ~~4,926~~0.2400 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3142,~~880~~145.4719

Certificate Interest Reconciliation Class Accrued Net Aggregate Previously Distributable Distributable Certificate Prepayment Realized Unpaid Interest Certificate Certificate Remaining Interest Interest Losses/ (including Interest Interest Interest Unpaid Shortfall Expense Losses interest thereon) Adjustment Distribution Interest A-1 1,~~028~~021,~~370~~156.8568 0.00 0.00 0.00 1,~~028~~021,~~370~~156.8568 0.00 1,~~028~~021,~~370~~156.8568 0.00 A-2 2,412,794.30 0.00 0.00 0.00 2,412,794.30 0.00 2,412,794.30 0.00 X-1 ~~137~~133,~~412~~151.0384 0.00 0.00 0.00 ~~137~~133,~~412~~151.0384 0.00 ~~137~~133,~~412~~151.0384 0.00 X-2 1,389,~~881~~857.2806 0.00 0.00 0.00 1,389,~~881~~857.2806 0.00 1,389,~~881~~857.2806 0.00 B 130,948.65 0.00 0.00 0.00 130,948.65 0.00 130,948.65 0.00 C 145,658.10 0.00 0.00 0.00 145,658.10 0.00 145,658.10 0.00 D 51,733.33 0.00 0.00 0.00 51,733.33 0.00 51,733.33 0.00 E 72,254.8148 0.00 0.00 0.00 72,254.8148 0.00 72,254.8148 0.00 F 34,027.3924 0.00 0.00 0.00 34,027.3924 0.00 34,027.3924 0.00 G 28,426.1301 0.00 0.00 0.00 28,426.1301 0.00 28,426.1301 0.00 H 53,890.00 0.00 0.00 0.00 53,890.00 0.00 53,890.00 0.00 J 20,210.00 0.00 0.00 0.00 20,210.00 0.00 20,210.00 0.00 K 26,945.00 0.00 0.00 0.00 26,945.00 0.00 26,945.00 0.00 L 26,945.00 0.00 0.00 0.00 26,945.00 0.00 26,945.00 0.00 M 13,470.00 0.00 0.00 0.00 13,470.00 0.00 13,470.00 0.00 N 13,475.00 0.00 0.00 0.00 13,475.00 0.00 13,475.00 0.00 O 53,889.13 0.00 0.00 0.00 53,889.13 032.00 53,~~889~~921.13 0.00 Total 5,~~640~~628,~~331~~831.0082 0.00 0.00 0.00 5,~~640~~628,~~331~~831.0082 032.00 5,~~640~~628,~~331~~863.0082 0.00

Other Required Information Available Distribution Amount (1) 6,668,~~012~~139.8015 Principal Distribution Amount 1,~~027~~039,~~681~~275.8033 (a) Principal portion of Scheduled Payments 1,~~027~~039,~~681~~275.8033 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 0.00 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 137 Aggregate Unpaid Principal Balance of the Mortgage Loans 1,~~068~~065,~~227~~866,~~274~~230.2688 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,~~068~~065,~~062~~875,~~705~~986.5245 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 3142,~~880~~145.4719 Servicing Fee paid 3142,~~880~~145.4719 Special Servicing Fee paid 0.00 Trustee Fee Paid ~~858~~856.7399 Paying Agent Fee Paid 1,~~333~~331.7707 Expense Losses (Additional Trust Fund Expenses) 0.00 (i) Special Servicing and Liquidation Fees 0.00 (ii) Advance Interest 0.00 (iii) Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination (1) The Available Distribution Amount includes any Prepayment Penalties.

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,~~685~~673,~~273~~680.7522 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 5,~~685~~673,~~273~~680.7522 Principal: Scheduled Principal 1,~~027~~039,~~681~~275.8033 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 1,~~027~~039,~~681~~275.8033 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 6,712,955.55 Total Funds Distributed Fees: Master Servicing Fee 42,~~750~~660.2833 Trustee Fee ~~858~~856.7399 Certificate Administration Fee 1,~~333~~331.7707 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 44,~~942~~848.7938 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0(32.00) Total Additional Trust Fund Expenses 0(32.00) Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,~~640~~628,~~331~~863.0082 Principal Distribution 1,~~027~~039,~~681~~275.8033 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 6,668,~~012~~139.8015 Total Funds Distributed 6,712,955.5953

Ratings Detail Original Ratings Current Ratings(1) Class Cusip Fitch Moody's S&P Fitch Moody's S&P A-1 61746WYZ7 AAA X AAA AAA X AAA A-2 61746WZA1 AAA X AAA AAA X AAA X-1 61746WZG8 AAA X AAA AAA X AAA X-2 61746WZH6 AAA X AAA AAA X AAA B 61746WZB9 AA X AA AA X AA C 61746WZC7 A X A A X AA D 61746WZD5 A- X A- A- X A- E 61746WZJ2 BBB+ X BBB+ BBB+ X BBB+ F 61746WZK9 BBB X BBB BBB X BBB G 61746WZL7 BBB- X BBB- BBB- X BBB- H 61746WZM5 BB+ X BB+ BB+ X BB+ J 61746WZN3 BB X BB BB X BB K 61746WZP8 BB- X BB- BB- X BB- L 61746WZQ6 B+ X B+ B+ X B+ M 61746WZR4 B X B B X B N 61746WZS2 B- X B- B- X B- O 61746WZT0 N/A X N/A NR X ~~N/A~~B-

NR - Designates that the class was not rated by the above agency at the time of original issuance. X - Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. N/A - Data not available this period. 1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. Fitch, Inc. One State Street Plaza New York, New York 10004 (212) 908-0500 Moody's Investors Service 99 Church Street New York, New York 10007 (212) 553-0300 Standard & Poor's Rating Services 55 Water Street New York, New York 10041 (212) 438-2430

Current Mortgage Loan and Property Stratification Tables Scheduled Balance % Of Scheduled # of Scheduled Agg. WAM Weighted Balance Loans Balance Bal. (2) WAC Avg DSCR(1) Below 1,000,000 4 3,~~791~~778,~~774~~308.9278 0.3635 ~~121~~119 6.~~6567~~6559 2.~~264264~~281936 1,000,001 to 2,000,000 21 33,~~190~~100,~~046~~659.7260 3.11 ~~107~~105 6.~~7860~~7859 1.~~711548~~979807 2,000,001 to 3,000,000 18 4544,~~002~~843,~~266~~518.6690 4.21 ~~114~~112 6.~~4381~~4384 1.~~718605~~948307 3,000,001 to 4,000,000 22 77,~~399~~139,~~145~~770.5345 7.2524 ~~107~~105 6.4642 1.~~601531~~559936 4,000,001 to 5,000,000 17 77,~~946~~707,~~282~~786.5495 7.3029 ~~123~~121 6.~~5138~~5139 1.~~533602~~638005 5,000,001 to 6,000,000 8 43,~~623~~509,~~835~~583.9535 4.08 ~~116~~114 6.~~2351~~2352 1.~~574093~~696948 6,000,001 to 7,000,000 5 33,~~664~~559,~~587~~740.0048 3.15 ~~151~~149 6.~~1919~~1918 12.~~865487~~041449 7,000,001 to 8,000,000 6 4645,~~007~~943,~~978~~478.3516 4.31 9795 6.~~2560~~2556 1.~~764197~~705897 8,000,001 to 9,000,000 5 42,~~119~~035,~~121~~449.1292 3.94 9694 6.0406 1.~~542779~~592804 9,000,001 to 10,000,000 3 28,~~257~~238,~~858~~439.8036 2.65 7371 5.~~9120~~9121 2.~~255801~~408243 10,000,001 to 15,000,000 16 202,~~705~~285,~~527~~984.0189 18.98 ~~106~~104 6.~~4101~~4098 1.~~599624~~659561 15,000,001 to 20,000,000 4 7473,~~030~~870,~~488~~653.8572 6.93 ~~107~~105 6.~~1402~~1404 2.~~088856~~247582 20,000,001 to 30,000,000 2 53,~~370~~277,~~183~~691.8447 5.00 ~~105~~103 6.~~6748~~6750 1.~~575040~~919997 30,000,001 and greater 6 306,~~953~~584,~~608~~920.2342 28.7476 ~~103~~100 5.~~8493~~8498 2.~~150712~~276358 Totals 137 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013

State(3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Alabama 3 9,~~611~~608,~~404~~231.9305 0.90 7573 5.~~6666~~6663 2.~~802450~~539827 Arizona 3 16,~~621~~586,~~013~~235.2659 1.56 ~~109~~107 6.~~1120~~1119 1.~~449377~~481385 California 56 ~~269~~268,~~139~~370,~~878~~952.9521 25.2018 ~~114~~111 6.~~3465~~3463 1.~~670883~~769691 Colorado 1 4,~~152~~144,~~085~~470.3305 0.39 ~~107~~105 6.3500 1.~~420000~~240000 Connecticut 1 4,~~408~~377,~~323~~592.6305 0.41 ~~107~~105 6.9000 1.~~490000~~560000 Florida 15 79,~~380~~280,~~636~~587.1968 7.4344 9492 6.~~3236~~3234 2.~~030369~~080263 Georgia 4 25,~~155~~138,~~532~~579.8157 2.36 8179 5.~~7476~~7473 2.~~546607~~319449 Idaho 1 1,~~946~~941,~~376~~795.3329 0.18 ~~107~~105 7.3500 1.500000 Illinois 7 ~~100~~99,~~075~~848,~~728~~027.6649 9.37 ~~105~~103 5.~~3199~~3198 12.~~917189~~028124 Indiana 1 8,~~310~~294,~~437~~788.6721 0.78 ~~107~~105 6.2300 1.~~500000~~220000 Iowa 3 3,~~804~~797,~~417~~470.0885 0.36 ~~106~~104 7.~~0576~~0578 1.~~631522~~734526 Kansas 1 ~~201~~200,~~276~~975.5818 0.02 ~~102~~100 7.3500 1.400000 Kentucky 1 2,~~534~~523,~~810~~615.7157 0.24 ~~132~~130 6.2500 1.~~050000~~460000 Louisiana 2 6,~~054~~038,~~741~~224.6322 0.57 ~~108~~106 6.~~4654~~4655 1.~~210934~~210960 Maryland 1 3,~~561~~556,~~921~~321.8801 0.33 ~~106~~104 7.0600 1.~~670000~~470000 Massachusetts 1 14,~~524~~503,~~061~~726.3497 1.36 ~~105~~103 7.5700 1.~~260000~~310000 Michigan 2 12,~~657~~634,~~041~~079.1025 1.19 ~~107~~105 6.5000 1.~~236758~~236747 Minnesota 3 23,~~732~~693,~~093~~591.1345 2.22 ~~100~~98 7.2265 1.~~485559~~600402 Missouri 2 7,~~716~~703,~~968~~996.5509 0.72 ~~103~~101 7.~~2720~~2722 1.~~411008~~410988 Nebraska 1 ~~422~~421,~~764~~285.4411 0.04 ~~110~~108 6.5000 1.520000 Nevada 1 2,~~657~~651,~~976~~262.6341 0.25 ~~107~~105 6.9500 1.~~430000~~380000 New Jersey 10 75,~~336~~162,~~540~~336.6421 7.05 ~~116~~114 6.2076 12.~~738072~~033144 New Mexico 3 19,~~755~~684,~~496~~296.1830 1.85 ~~109~~107 6.~~2795~~2788 1.~~409037~~807578 New York 6 112,~~286~~191,~~797~~158.7041 10.5153 ~~109~~107 6.~~4213~~4218 2.~~399951~~626489 North Carolina 3 18,~~362~~309,~~195~~919.6539 1.72 ~~118~~116 6.2015 1.~~434029~~715528 Ohio 2 8,~~163~~162,~~774~~501.0614 0.7677 ~~107~~105 6.0509 1.~~156933~~156876 Oklahoma 2 2,~~719~~715,~~741~~668.4691 0.25 ~~102~~100 7.3500 1.400000 Pennsylvania 4 11,~~705~~656,~~847~~584.9490 1.1009 ~~114~~112 5.~~9702~~9697 1.~~362940~~331716 South Carolina 2 7,~~460~~441,~~745~~924.0747 0.70 ~~104~~102 7.0653 1.~~282009~~282011 Tennessee 2 9,~~764~~748,~~957~~371.4836 0.91 ~~113~~111 6.~~5939~~5941 1.~~885132~~853092 Texas 7 27,~~071~~019,~~084~~207.4118 2.53 ~~106~~104 6.9790 1.~~451254~~660170 Utah 2 9,~~528~~501,~~440~~961.2804 0.89 5856 5.~~7443~~7435 1.~~680735~~431872 Virginia 3 1211,~~008~~996,~~185~~359.3936 1.1213 8886 5.~~9076~~9072 2.~~314866~~356007 Washington 4 10,~~399~~367,~~218~~713.2644 0.97 ~~102~~100 6.8967 1.~~455661~~659406 Washington,DC 2 88,~~468~~275,~~648~~950.8674 8.28 ~~121~~119 5.6704 1.~~727745~~986830 West Virginia 1 ~~609~~607,~~567~~434.34 0.06 ~~110~~108 6.5000 1.520000 Wisconsin 7 57,~~751~~718,~~973~~791.9795 5.4142 8583 6.~~1164~~1163 2.~~325082~~255834 Totals 170 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013

Debt Service Coverage Ratio(1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.20 and less 1113 5558,~~256~~090,~~823~~913.0776 5.1745 ~~125~~121 6.~~6467~~6620 1.~~119064~~069937 1.21 to 1.30 59 3856,~~364~~357,~~478~~449.7340 35.5929 110 6.~~8901~~2682 1.~~248235~~250627 1.31 to 1.40 1610 ~~111~~65,~~411~~806,~~794~~730.3370 106.4317 ~~111~~106 67.~~6122~~1407 1.~~366793~~359647 1.41 to 1.50 2716 ~~168~~87,~~468~~833,~~387~~954.9332 158.7724 ~~118~~115 6.~~2876~~6861 1.~~446373~~450903 1.51 to 1.60 1915 ~~102~~88,~~604~~701,~~931~~306.7385 98.6132 ~~111~~106 6.~~2391~~2695 1.~~550264~~546262 1.61 to 1.70 1211 7543,~~682~~735,~~007~~374.7343 74.0910 ~~107~~109 6.~~5984~~4506 1.~~652734~~641642 1.71 to 1.80 1210 8662,~~271~~463,~~128~~053.0688 85.0886 ~~121~~110 6.~~2360~~5630 1.~~746186~~753201 1.81 and greater 3553 ~~430~~602,~~003~~887,~~153~~203.9411 4056.2656 95100 5.~~9036~~9453 2.~~349399~~320061 Totals 137 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013

Property Type (3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 43 94,~~410~~159,~~202~~827.1116 8.8483 ~~115~~113 6.~~3826~~3825 1.~~559770~~620057 Mixed Use 2 20,~~606~~586,~~545~~045.9465 1.93 8280 5.~~4504~~4494 2.~~123218~~148531 Mobile Home Park 10 30,~~581~~525,~~740~~081.4678 2.86 ~~103~~101 7.~~2415~~2418 1.~~585047~~584596 Multi-Family 12 69,~~165~~006,~~824~~830.8058 6.4847 ~~105~~103 6.~~1132~~1134 2.~~074590~~049006 Office 32 ~~351~~350,~~314~~670,~~891~~317.9745 32.8990 ~~111~~108 6.~~3506~~3507 12.~~838923~~085110 Other 1 2,~~957~~950,~~202~~852.5304 0.28 ~~106~~104 7.9000 13.~~840000~~570000 Retail 61 ~~465~~464,~~293~~350,~~215~~017.7477 43.5657 ~~105~~103 6.~~0580~~0578 1.~~844091~~893397 Self Storage 9 33,~~733~~627,~~081~~014.9702 3.1615 9997 6.~~2640~~2636 1.~~725607~~763101 Totals 170 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013

Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 5.500% and less 4 133,~~879~~703,~~959~~969.3768 12.5354 9088 5.~~2422~~2424 2.~~368400~~379582 5.501% to 6.000% 26 285,~~796~~211,~~271~~371.5482 26.76 ~~108~~106 5.7891 12.~~844898~~016108 6.001% to 6.500% 56 328,~~971~~130,~~163~~391.3410 30.8079 ~~111~~108 6.~~2385~~2384 1.~~729558~~828575 6.501% to 7.000% 29 181,~~648~~357,~~333~~338.0165 17.01 ~~112~~110 6.~~7790~~7791 12.~~872150~~029786 7.001% to 7.500% 20 120,~~285~~018,~~714~~336.3919 11.26 ~~106~~104 7.~~2354~~2353 1.~~443020~~465681 7.501% and greater 2 17,~~481~~454,~~263~~579.8701 1.64 ~~105~~103 7.6258 1.~~358115~~692073 Totals 137 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013

Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months and less 601 ~~509~~13,~~814~~069,~~202~~635.5563 471.7323 ~~114~~108 56.~~8718~~5000 1.~~688868~~520000 13 to 24 months 75134 ~~547~~1,~~233~~041,~~977~~820,688.8170 5197.2474 ~~100~~105 6.~~5228~~2051 1.~~967494~~951699 25 to 36 months 2 1110,~~014~~985,~~525~~662.1612 1.03 8987 7.~~3212~~3215 1.~~182227~~234398 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 137 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of Weighted Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months and less 5 34,~~475~~438,~~528~~942.5690 3.23 4745 5.~~8644~~8645 21.~~038598~~983690 61 to 120 months 116 ~~923~~922,~~933~~266,~~770~~424.3154 86.5153 ~~103~~101 6.2513 1.~~863110~~974538 121 to 180 months 4 58,~~880~~740,~~698~~699.8217 5.51 ~~139~~137 5.8365 1.~~416127~~814324 181 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 125 1,~~017~~015,~~289~~446,~~997~~066.6961 95.2527 ~~103~~101 6.~~2142~~2141 1.~~843186~~965580

Remaining Stated Term (Fully Amortizing Loans) Remaining # of Scheduled % of Weighted Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months and less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 1 1,~~375~~356,~~207~~511.9799 0.13 ~~106~~104 7.2000 10.~~860000~~740000 121 to 180 months 8 31,~~397~~158,~~062~~995.0053 2.9492 ~~165~~163 6.~~3563~~3564 1.~~491748~~489197 181 months and greater 3 1817,~~000~~914,~~437~~412.8632 1.6968 ~~220~~218 6.2532 1.~~458901~~306262 Totals 12 50,~~772~~429,~~707~~919.8384 4.7573 ~~183~~181 6.~~3426~~3424 1.~~490077~~404060

Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 5 83,005,000.00 7.7779 6866 5.5282 2.~~824765~~710869 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 3 11,~~271~~190,~~153~~939.8794 1.0605 ~~108~~106 6.~~5981~~5982 1.~~534406~~838877 181 to 240 months 8 37,~~465~~302,~~889~~010.5169 3.5150 ~~112~~110 6.~~7187~~7188 1.~~651381~~696216 241 to 300 months 42 221,~~469~~035,~~021~~595.0348 20.74 ~~107~~105 6.~~5726~~5729 1.~~775868~~947462 301 months and greater 67 ~~664~~662,~~078~~912,~~933~~520.2850 62.1819 ~~106~~104 6.~~1454~~1455 1.~~759009~~895598 Totals 125 1,~~017~~015,~~289~~446,~~997~~066.6961 95.2527 ~~103~~101 6.~~2142~~2141 1.~~843186~~965580

Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Underwriter's Information 7122 ~~348~~146,~~393~~043,~~317~~788.8521 3213.6270 ~~110~~104 6.~~3783~~4032 1.~~672024~~719218 1 year or less 66101 ~~719~~833,~~669~~514,~~387~~179.6707 6778.3820 105 6.~~1438~~1357 12.~~901134~~028154 1 to 2 years 014 086,318,019.0017 08.0010 0107 06.~~0000~~7267 01.~~000000~~450116 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 137 1,~~068~~065,~~062~~875,~~705~~986.5245 100.00 ~~107~~105 6.~~2203~~2202 1.~~826400~~939013 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrower on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2)Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date balance of each property as disclosed in the offering document. Note: (i) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 700201037 1 RT Oak Brook IL 298,~~932~~185.8818 8788,~~434~~182.4717 5.120% 700201017 2 OF New York NY 413,065.53 0.00 6.853% 310900927 3 OF Washington DC ~~225~~224,~~124~~655.0135 44,~~173~~641.1177 5.680% 600872001 4 OF Washington DC 200,~~616~~163.4382 4748,~~866~~319.8546 5.660% 850200892 5 RT Various Various 190,254.17 0.00 5.500% 700200912 6 RT La Crosse WI 195,945.83 0.00 6.150% 700200933 7 OF Newark NJ ~~138~~137,~~027~~757.9588 2324,~~850~~120.6976 6.000% 600872050 8 MH Various Various 168,~~963~~712.5529 17,~~071~~322.4571 7.350% 600872002 9 MF New York NY 94,~~512~~307.0379 19,~~768~~972.3559 5.558% 700200842 10 Various Various Various 115,~~771~~593.4539 12,~~555~~733.8389 7.150% 310900141 11 RT Santa Fe NM 94,~~790~~524.8407 23,~~393~~660.9471 6.200% 600872014 12 RT Forest Hills NY 86,~~736~~554.4801 17,~~279~~462.7825 5.660% 600872015 13 OF San Jose CA 90,~~586~~205.0978 3031,~~950~~331.9627 7.350% 600872045 14 MU Naperville IL 65,788.48 0.00 5.095% 600872016 15 RT Weymouth MA 94,~~732~~600.4273 8,~~546~~678.4413 7.570% 700200882 16 OF Hampton NJ 82,~~907~~766.8923 1011,~~964~~105.1076 6.670% 850200958 17 RT Winston-Salem NC 76,~~708~~566.9622 12,~~099~~241.0478 6.200% 600872048 18 OF Phoenix AZ 74,~~204~~060.5733 12,~~730~~874.2650 6.000% 600872046 19 IN Various Various 73,~~531~~275.2984 21,~~574~~830.7722 6.500% 600872049 20 RT Southfield MI 69,~~247~~125.9993 9,~~760~~882.5157 6.500% 700200951 21 RT Madera CA 63,~~457~~334.7035 1011,~~886~~009.5792 6.000% 600872003 22 RT Farmers Branch TX 69,~~518~~398.9890 9,~~433~~553.3341 6.590% 600872004 23 OF Boca Raton FL 67,~~948~~827.1199 10,~~206~~326.8496 7.040% 600872005 24 RT Orange CA 59,020.56 0.00 5.960% 600872017 25 OF Santa Ana CA 55,~~436~~013.0261 4142,~~856~~278.2162 6.040% 850200919 26 RT North Highlands CA 57,~~468~~359.5826 9,~~404~~513.1547 6.130% 600872006 27 OF Boca Raton FL 59,~~817~~711.5682 89,~~985~~091.5226 7.040% 310900961 28 OF Sacramento CA 50,504.17 0.00 5.750% 310900830 29 OF Sunrise FL 52,872.22 0.00 6.140% 600872018 30 RT Coral Springs FL 44,~~598~~504.9491 89,~~922~~016.3639 5.650% 850200860 31 RT Dania Beach FL 44,931.25 0.00 5.925% 600872007 32 MF Provo UT 4039,~~001~~908.5255 10,~~009~~102.9188 5.560% 600872008 33 SS Santa Barbara CA 44,~~490~~405.9200 7,~~537~~623.1608 6.030% 700200954 34 RT Santa Clarita CA 45,~~334~~250.3994 7,~~002~~086.5702 6.250% 600872009 35 RT Indianapolis IN 44,~~620~~537.9848 7,~~045~~128.0050 6.230% 310900942 36 IN Napa CA 43,~~506~~423.0464 7,~~059~~142.9030 6.150% 310900891 37 RT Turlock CA 4342,~~039~~960.3969 6,~~530~~609.5929 6.310% 600872019 38 RT Hawthorne CA 40,~~897~~817.1715 7,~~066~~146.8789 6.000% 310900628 39 RT Santa Maria CA 43,~~518~~392.4778 10,~~498~~623.1180 6.500% 600872020 40 IN Groveport OH 40,501.50 0.00 6.030% 600872022 41 MF Shakopee MN 46,~~603~~527.1966 5,~~088~~163.0255 7.490% 600872021 42 RT Kohler WI 32,375.00 0.00 5.250% 310900904 43 RT Huntington Beach CA 3736,~~028~~864.0572 14,~~661~~824.1548 6.200% 310900932 44 RT La Canada Flintridge CA 37,~~296~~227.5746 5,~~803~~872.6374 6.250% 600872023 45 MF Franklin NJ 35,~~775~~704.5686 6,~~237~~308.9969 6.010% 310900912 46 RT Egg Harbor NJ 35,~~388~~201.1648 17,~~399~~586.5523 6.420% 310900871 47 OF Burlingame CA 33,~~096~~031.1876 5,~~604~~669.8527 6.080% 600872024 48 IN Ewing NJ 30,~~718~~629.3944 8,~~049~~138.8075 6.030% 700200876 49 MU Tarzana CA 30,~~979~~866.1478 9,~~668~~780.5288 6.400% 850200924 50 IN West Palm Beach FL 27,~~277~~193.2394 78,~~952~~036.7302 5.750% 600872025 51 IN Hartland WI 31,~~971~~913.2581 4,~~915~~973.7721 6.990% 600872026 52 RT Virginia Beach VA 29,~~296~~242.6477 4,~~472~~526.9178 6.310% 310900894 53 SS Santa Clarita CA 29,~~561~~481.2171 6,~~595~~675.8131 6.510% 850200891 54 OF Knoxville TN 27,~~207~~155.3280 4,~~577~~629.5911 5.950% 310900885 55 RT Westchester CA 26,~~430~~352.6643 7,~~202~~281.8710 5.940% 850200997 56 RT San Diego CA 30,~~837~~762.4283 5,~~501~~576.8140 7.200% 600872028 57 MF Santa Rosa CA 28,~~923~~874.2620 3,~~706~~755.3137 6.810% 850200949 58 SS Van Nuys CA 25,~~444~~369.0398 6,~~738~~812.8388 6.000% 310900869 59 RT Santa Rosa CA 27,~~670~~596.4113 6,~~152~~226.4674 6.520% 850200950 60 RT Moline IL 24,~~422~~310.8554 10,~~824~~936.2051 5.800% 600872027 61 IN Fairfield NJ 26,~~408~~358.1893 4,~~182~~232.8308 6.190% 700200887 62 OF Diamond Bar CA 27,~~118~~070.7359 3,~~852~~900.6074 6.500% 600872010 63 OF Costa Mesa CA 23,~~890~~843.2136 4,~~167~~214.9176 5.960% 310900901 64 MF Los Angeles CA 23,~~556~~451.7643 9,~~638~~743.3568 6.090% 600872011 65 RT Orange CA 25,898.35 0.00 6.610% 700200917 66 SS South Norwalk CT 26,~~280~~099.7826 14,~~808~~990.5709 6.900% 600872029 67 RT Franklin TN 28,~~279~~239.8303 2,~~754~~795.5636 7.360% 850200890 68 RT Pacoima CA 23,~~858~~684.9665 15,~~500~~675.9526 6.355% 850200922 69 RT Santa Monica CA 24,~~070~~027.93 3,~~494~~537.56 6.415% 310900866 70 OF Oroville CA 23,~~556~~390.9984 14,~~406~~572.0015 6.900% 310900886 71 IN Golden CO 22,~~722~~681.4907 3,~~411~~452.4183 6.350% 310900847 72 MF Spokane WA 24,~~110~~071.7162 2,~~891~~930.8998 6.900% 600872012 73 OF Studio City CA 22,~~726~~687.1633 3,~~005~~044.4124 6.670% 850200874 74 RT Philadelphia PA 19,~~586~~527.9644 5,~~649~~709.8638 5.780% 600872030 75 MF Tullytown PA 19,~~483~~424.7424 5,~~680~~740.5202 5.750% 310900864 76 MH Folsom CA 21,~~889~~796.21 78,~~933~~026.72 6.500% 310900784 77 RT Summerville (North C SC 24,~~520~~459.2085 4,~~417~~478.8520 7.260% 310900547 78 IN Yakima WA 22,~~918~~815.1887 8,~~093~~196.7809 7.000% 310900874 79 IN Moorpark CA 21,~~317~~164.4182 13,~~367~~519.2786 6.830% 600872031 80 IN Lincoln Park NJ 19,~~742~~704.0239 3,~~261~~298.2487 6.090% 600872032 81 RT Crestview FL 21,~~831~~795.4254 2,~~686~~722.3220 6.840% 600872033 82 RT Los Gatos CA 19,~~184~~045.1130 12,~~331~~469.0788 6.360% 600872034 83 RT Lanham MD 21,~~669~~635.2642 2,~~426~~460.8771 7.060% 310900805 84 RT Columbia SC 20,~~923~~869.2888 4,~~177~~230.3373 6.850% 310900858 85 RT Beverly Hills CA 18,~~794~~662.6207 11,~~598~~730.0257 6.450% 850200903 86 OF Des Plaines IL 17,~~900~~819.3074 7,~~366~~447.9955 6.095% 310900950 87 SS Santa Fe Springs CA 17,~~630~~580.9330 4,~~539~~589.2790 6.080% 310900958 88 SS Various NJ 17,~~804~~756.8803 4,~~168~~217.6449 6.350% 600872035 89 MF Madison WI 16,~~204~~172.8416 23,~~985~~018.6331 5.830% 310900872 90 OF Lake Forest CA 18,~~132~~083.9795 4,~~035~~084.1113 6.560% 850200957 91 RT New Orleans LA 16,~~810~~762.3592 4,~~170~~218.6811 6.185% 850200936 92 MF Columbus GA 16,~~743~~696.8313 4,~~207~~255.6333 6.170% 310900854 93 OF Roseville CA 17,~~712~~682.4371 2,~~264~~294.3911 6.750% 310900906 94 IN Inglewood CA 17,~~277~~232.3701 3,~~671~~717.7006 6.650% 310900861 95 OT San Antonio TX 20,~~136~~093.3746 2,~~819~~862.7364 7.900% 600872036 96 RT Winston-Salem NC 1514,~~083~~971.4375 10,~~378~~490.3806 6.090% 850200972 97 RT Valdosta GA 15,~~117~~087.2688 2,~~593~~622.4684 6.000% 600872013 98 RT Mandeville LA 16,~~941~~897.7187 3,~~477~~521.4529 6.770% 600872037 99 IN Cerritos CA 14,~~815~~784.0528 2,~~965~~996.3714 6.210% 600872038 100 IN Edison NJ 15,~~184~~156.7038 2,~~405~~433.1345 6.190% 310900880 101 RT Reno NV 15,~~925~~885.6369 3,~~071~~111.3832 6.950% 600872039 102 RT Louisville KY 13,~~670~~610.9198 5,~~333~~393.2215 6.250% 850200971 103 RT Camarillo CA 13,~~240~~203.7874 3,~~227~~264.7882 6.235% 310900841 104 IN Carson CA 11,~~969~~880.6177 8,~~441~~530.5539 5.960% 600872040 105 IN Delray Beach FL 13,~~627~~604.8366 1,~~795~~818.2239 6.660% 310900951 106 SS Culver City CA 11,~~843~~808.3285 3,~~136~~171.6916 6.000% 600872041 107 RT Waukesha WI 12,~~694~~658.2947 3,~~222~~258.8971 6.650% 310900892 108 OF San Jose CA 12,~~542~~520.7110 1,~~843~~866.9354 6.400% 600872042 109 RT Johnstown PA 1211,~~060~~947.4955 910,~~992~~105.8377 6.420% 310900881 110 IN Hauppauge NY 1211,~~014~~963.7634 4,~~387~~439.8527 6.500% 600872043 111 IN Fort Lauderdale FL 11,~~315~~295.9934 1,~~709~~730.8348 6.320% 600872047 112 RT Menomonee Falls WI 10,~~796~~749.9914 4,~~369~~417.4631 6.100% 310900843 113 RT Nampa ID 12,~~332~~303.0524 2,~~070~~099.8768 7.350% 850200905 114 OF New Rochelle NY 10,~~802~~783.6964 1,~~522~~541.6469 6.500% 310900902 115 OF Roseville CA 10,~~718~~699.3625 1,~~542~~562.9203 6.450% 310900834 116 RT Goleta CA 10,~~380~~362.6172 1,~~402~~420.6453 6.600% 310900692 117 IN City of Commerce CA 10,~~313~~286.7978 2,~~169~~196.0102 6.700% 310900850 118 RT Dallas TX 10,~~680~~653.4569 2,~~041~~068.5834 7.000% 310900959 119 SS Fairless Hills PA 9,~~172~~147.2104 2,~~147~~172.4865 6.350% 310900913 120 RT Cape Coral FL 9,~~057~~040.7495 1,~~409~~426.4524 6.250% 310900851 121 OF Camarillo CA 10,~~307~~282.4429 1,~~870~~896.9712 7.150% 310900883 122 IN Huntington Beach CA 8,~~792~~768.7000 2,~~132~~157.6838 6.290% 700200827 123 MF Eagle Pass TX 9,~~839~~814.3660 1,~~875~~899.1894 7.050% 310900931 124 OF Sacramento CA 8,~~701~~678.4518 1,~~933~~956.0633 6.500% 310900882 125 OF Anaheim CA 9,~~153~~139.7183 ~~977~~991.3927 7.150% 600872044 126 RT Duluth GA 9,~~327~~313.7999 ~~945~~959.5838 7.290% 310900855 127 OF Roseville CA 8,~~568~~554.6730 1,~~095~~109.4481 6.750% 310900844 128 RT Albuquerque NM 8,~~306~~195.8333 9,~~264~~375.4595 7.200% 310900910 129 IN Vacaville CA 7,~~537~~524.8502 1,~~146~~159.0386 6.320% 310900873 130 IN Escondido CA 8,~~185~~165.3235 1,~~485~~505.7774 7.150% 310900919 131 MF Bakersfield CA 7,~~396~~376.0647 1,~~599~~618.3392 6.600% 310900903 132 RT Phoenix AZ 7,~~404~~386.5936 1,~~367~~385.4265 7.100% 310900839 133 OF Federal Way WA 6,~~934~~917.9555 1,~~321~~338.3474 7.030% 310900895 134 IN Burnsville MN 5,~~516~~501.8498 1,~~235~~250.2309 6.500% 310900920 135 OF Encino CA 5,~~043~~028.0212 1,~~369~~384.4636 5.950% 310900849 136 RT South Jordan UT 5,~~675~~636.9974 3,~~130~~169.6388 7.500% 310900856 137 OF Roseville CA 5,~~348~~339.2326 ~~683~~692.7370 6.750% Totals 5,~~685~~673,~~273~~680.7522 1,~~027~~039,~~681~~275.8033

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 700201037 N/A 10/01/2012 N 7069,~~062~~887,~~393~~151.8485 69,~~974~~798,~~959~~969.3768 1101/01/~~2003~~2004 700201017 N/A 01/07/2013 N 70,000,000.00 70,000,000.00 1001/07/~~2003~~2004 310900927 N/A 12/01/2014 N 4645,~~027~~931,~~170~~353.6123 45,~~982~~886,~~997~~711.5046 1101/01/~~2003~~2004 600872001 N/A 12/01/2012 N 42,~~533~~437,~~518~~558.2174 42,~~485~~389,~~651~~239.3628 1001/01/~~2003~~2004 850200892 N/A 09/01/2009 N 41,510,000.00 41,510,000.00 1101/01/~~2003~~2004 700200912 N/A 10/01/2009 N 37,000,000.00 37,000,000.00 1101/01/~~2003~~2004 700200933 N/A 11/01/2012 N 26,~~715~~662,~~088~~814.0389 26,~~691~~638,~~237~~694.3413 1101/01/~~2003~~2004 600872050 N/A 05/01/2012 N 26,~~696~~656,~~017~~320.9505 26,~~678~~638,~~946~~997.5034 1101/01/~~2003~~2004 600872002 N/A 10/01/2012 N 19,~~749~~706,~~150~~473.2320 19,~~729~~686,~~381~~500.8861 1001/01/~~2003~~2004 700200842 N/A 08/01/2012 N 18,~~803~~774,~~393~~472.7673 18,~~790~~761,~~837~~738.9384 1101/01/~~2003~~2004 310900141 N/A 12/01/2012 N 17,~~754~~704,~~787~~821.8937 17,~~731~~681,~~393~~160.9566 1101/01/~~2003~~2004 600872014 N/A 11/01/2012 N 17,~~796~~758,~~154~~715.8786 17,~~778~~741,~~875~~253.0961 1101/01/~~2003~~2004 600872015 N/A 01/01/2012 N 14,~~789~~727,~~566~~474.2980 14,~~758~~696,~~615~~143.3353 1101/01/~~2003~~2004 600872045 N/A 12/01/2009 N 14,995,000.00 14,995,000.00 1001/01/~~2003~~2004 600872016 N/A 08/01/2012 N 14,~~532~~512,~~607~~405.7810 14,~~524~~503,~~061~~726.3497 1101/01/~~2003~~2004 700200882 N/A 09/01/2012 N 14,~~434~~410,~~801~~137.5596 14,~~423~~399,~~837~~032.4520 1101/01/~~2003~~2004 850200958 N/A 12/01/2012 N 14,~~367~~341,~~962~~227.5345 14,~~355~~328,~~863~~985.4967 1012/01/2003 600872048 N/A 12/01/2012 N 14,~~362~~334,~~174~~256.7689 14,~~349~~321,~~444~~382.5039 1001/01/~~2003~~2004 600872046 N/A 01/01/2013 N 13,~~137~~091,~~104~~465.2385 13,~~115~~069,~~529~~635.4663 1101/01/~~2003~~2004 600872049 N/A 10/01/2012 N 12,~~371~~350,~~849~~041.6798 12,~~362~~340,~~089~~159.1641 1101/01/~~2003~~2004 700200951 N/A 12/01/2012 N 12,~~282~~258,~~135~~261.6304 12,~~271~~247,~~249~~251.0612 1101/01/~~2003~~2004 600872003 N/A 10/01/2012 N 12,~~250~~229,~~640~~479.5453 12,~~241~~219,~~207~~926.2112 1001/01/~~2003~~2004 600872004 N/A 10/01/2013 N 11,~~582~~561,~~063~~589.4084 11,~~571~~551,~~856~~262.5688 1001/01/~~2003~~2004 600872005 N/A 11/01/2012 N 11,500,000.00 11,500,000.00 1001/01/~~2003~~2004 600872017 N/A 10/01/2017 N 1110,~~013~~929,~~779~~856.4536 10,~~971~~887,~~923~~577.2474 1101/01/~~2003~~2004 850200919 N/A 11/01/2012 N 10,~~887~~866,~~064~~354.4427 10,~~877~~856,~~660~~840.2980 1101/01/~~2003~~2004 600872006 N/A 10/01/2013 N 10,~~196~~178,~~175~~151.4469 10,~~187~~169,~~189~~060.9243 1001/01/~~2003~~2004 310900961 N/A 10/01/2007 N 10,200,000.00 10,200,000.00 1101/01/~~2003~~2004 310900830 N/A 08/01/2007 N 10,000,000.00 10,000,000.00 1101/01/~~2003~~2004 600872018 N/A 11/01/2012 N 9,~~166~~147,~~781~~455.1675 9,~~157~~138,~~858~~439.8036 1101/01/~~2003~~2004 850200860 N/A 08/01/2009 N 9,100,000.00 9,100,000.00 1101/01/~~2003~~2004 600872007 N/A 10/01/2007 N 8,~~633~~613,~~421~~355.8161 8,~~623~~603,~~411~~252.9073 1001/01/~~2003~~2004 600872008 N/A 12/01/2012 N 8,~~568~~551,~~304~~757.4305 8,~~560~~544,~~767~~133.2797 1002/01/~~2003~~2004 700200954 N/A 12/01/2012 N 8,~~423~~407,~~421~~917.3129 8,~~416~~400,~~418~~831.7427 1101/01/~~2003~~2004 600872009 N/A 10/01/2012 N 8,~~317~~301,~~482~~916.6771 8,~~310~~294,~~437~~788.6721 1001/01/~~2003~~2004 310900942 N/A 11/01/2012 N 8,~~215~~199,~~145~~586.4404 8,~~208~~192,~~085~~443.5474 1101/01/~~2003~~2004 310900891 N/A 11/01/2012 N 7,~~920~~906,~~955~~471.7789 7,~~914~~899,~~425~~862.1860 1101/01/~~2003~~2004 600872019 N/A 11/01/2012 N 7,~~915~~900,~~581~~093.6733 7,~~908~~892,~~514~~946.8044 1101/01/~~2003~~2004 310900628 N/A 01/01/2012 N 7,~~775~~752,~~012~~555.6373 7,~~764~~741,~~514~~931.5293 1101/01/~~2003~~2004 600872020 N/A 10/01/2012 N 7,800,000.00 7,800,000.00 1101/01/~~2003~~2004 600872022 N/A 02/01/2011 N 7,~~225~~213,~~611~~900.8774 7,~~220~~208,~~523~~737.8519 1101/01/~~2003~~2004 600872021 N/A 10/01/2009 N 7,400,000.00 7,400,000.00 1101/01/~~2003~~2004 310900904 N/A 11/01/2022 N 6,~~935~~904,~~534~~942.9444 6,~~920~~890,~~873~~117.7996 1101/01/~~2003~~2004 310900932 N/A 11/01/2012 N 6,~~929~~917,~~942~~102.8120 6,~~924~~911,~~139~~229.1846 1101/01/~~2003~~2004 600872023 N/A 09/01/2012 N 6,~~912~~899,~~780~~119.3508 6,~~906~~892,~~542~~810.3639 1101/01/~~2003~~2004 310900912 N/A 02/01/2021 N 6,~~614~~579,~~608~~716.9071 6,~~597~~562,~~209~~130.3548 1101/01/~~2003~~2004 310900871 N/A 09/01/2012 N 6,~~321~~309,~~427~~121.1746 6,~~315~~303,~~822~~452.3219 1101/01/~~2003~~2004 600872024 N/A 12/01/2012 N 5,~~915~~898,~~915~~784.8084 5,~~907~~890,~~866~~646.0009 1101/01/~~2003~~2004 700200876 N/A 09/01/2012 N 5,~~621~~600,~~214~~826.4653 5,~~611~~591,~~545~~045.9465 1101/01/~~2003~~2004 850200924 N/A 11/01/2012 N 5,~~509~~492,~~006~~183.7629 5,~~501~~484,~~054~~147.0327 1101/01/~~2003~~2004 600872025 N/A 09/05/2017 N 5,~~488~~478,~~626~~766.5538 5,~~483~~473,~~710~~793.7817 1001/05/~~2003~~2004 600872026 N/A 10/01/2012 N 5,~~391~~381,~~744~~830.8142 5,~~387~~377,~~271~~303.9064 1101/01/~~2003~~2004 310900894 N/A 11/01/2012 N 5,~~273~~259,~~294~~113.3132 5,~~266~~252,~~698~~438.5001 1101/01/~~2003~~2004 850200891 N/A 09/01/2013 N 5,~~310~~300,~~184~~129.5906 5,~~305~~295,~~607~~499.0095 1101/01/~~2003~~2004 310900885 N/A 11/01/2012 N 5,~~167~~151,~~284~~990.67 5,~~160~~144,~~081~~709.8057 1101/01/~~2003~~2004 850200997 N/A 09/01/2012 N 4,~~973~~961,~~777~~746.6931 4,~~968~~956,~~275~~169.8891 1101/01/~~2003~~2004 600872028 N/A 05/01/2012 N 4,~~932~~923,~~203~~836.4478 4,~~928~~920,~~497~~081.1341 1101/01/~~2003~~2004 850200949 N/A 12/01/2012 N 4,~~924~~910,~~651~~318.1299 4,~~917~~903,~~912~~506.29 11 01/01/~~2003~~2004 310900869 N/A 11/01/2012 N 4,~~928~~915,~~432~~201.6975 4,~~922~~908,~~280~~975.2301 1101/01/~~2003~~2004 850200950 N/A 12/01/2017 N 4,~~890~~867,~~004~~515.0348 4,~~879~~856,~~179~~578.8397 1101/01/~~2003~~2004 600872027 N/A 12/05/2012 N 4,~~954~~945,~~371~~132.4432 4,~~950~~940,~~188~~900.6124 1001/05/~~2003~~2004 700200887 N/A 09/01/2010 N 4,~~845~~836,~~034~~433.5266 4,~~841~~832,~~181~~532.92 1101/01/~~2003~~2004 600872010 N/A 12/01/2012 N 4,~~654~~645,~~943~~816.8163 4,~~650~~641,~~775~~601.9087 1001/01/~~2003~~2004 310900901 N/A 11/01/2022 N 4,~~491~~471,~~993~~907.0756 4,~~482~~462,~~354~~163.7288 1101/01/~~2003~~2004 600872011 N/A 10/01/2012 N 4,550,000.00 4,550,000.00 1001/01/~~2003~~2004 700200917 N/A 10/01/2012 N 4,~~423~~392,~~132~~582.2014 4,~~408~~377,~~323~~592.6305 1101/01/~~2003~~2004 600872029 N/A 10/01/2012 N 4,~~462~~455,~~105~~666.0477 4,~~459~~452,~~350~~871.4841 1101/01/~~2003~~2004 850200890 N/A 09/01/2017 N 4,~~359~~328,~~902~~048.5592 4,~~344~~312,~~401~~373.6066 1102/01/~~2003~~2004 850200922 N/A 11/01/2012 N 4,~~357~~349,~~496~~712.5830 4,~~354~~346,~~002~~174.0274 1101/01/~~2003~~2004 310900866 N/A 11/01/2017 N 4,~~096~~067,~~867~~972.5369 4,~~082~~053,~~461~~400.5354 1101/01/~~2003~~2004 310900886 N/A 10/01/2012 N 4,~~155~~147,~~496~~922.7488 4,~~152~~144,~~085~~470.3305 1101/01/~~2003~~2004 310900847 N/A 09/01/2012 N 4,~~057~~051,~~903~~325.3316 4,~~055~~048,~~011~~394.4418 1101/01/~~2003~~2004 600872012 N/A 09/01/2012 N 3,~~956~~950,~~772~~012.7513 3,~~953~~946,~~767~~967.3489 1001/01/~~2003~~2004 850200874 N/A 11/01/2012 N 3,~~935~~923,~~319~~360.3659 3,~~929~~917,~~669~~651.5021 1101/01/~~2003~~2004 600872030 N/A 11/01/2012 N 3,~~935~~922,~~004~~988.8003 3,~~929~~917,~~324~~248.2801 1101/01/~~2003~~2004 310900864 N/A 11/01/2012 N 3,~~910~~894,~~727~~111.6816 3,~~902~~886,~~793~~084.9644 1101/01/~~2003~~2004 310900784 N/A 05/01/2012 N 3,~~922~~912,~~186~~533.4101 3,~~917~~908,~~768~~054.5681 1101/01/~~2003~~2004 310900547 N/A 09/01/2011 N 3,~~802~~785,~~095~~121.0902 3,~~794~~776,~~001~~924.3193 1101/01/~~2003~~2004 310900874 N/A 10/01/2017 N 3,~~745~~718,~~372~~562.8927 3,~~732~~705,~~005~~042.6241 1101/01/~~2003~~2004 600872031 N/A 12/05/2012 N 3,~~764~~757,~~568~~392.3447 3,~~761~~754,~~307~~093.1060 1001/05/~~2003~~2004 600872032 N/A 09/01/2012 N 3,~~706~~700,~~522~~430.7758 3,~~703~~697,~~836~~708.4538 1101/01/~~2003~~2004 600872033 N/A 10/01/2012 N 3,~~502~~477,~~881~~535.4310 3,~~490~~465,~~550~~065.3622 1101/01/~~2003~~2004 600872034 N/A 09/01/2012 N 3,~~564~~558,~~348~~781.7572 3,~~561~~556,~~921~~321.8801 1101/01/~~2003~~2004 310900805 N/A 10/01/2012 N 3,~~547~~538,~~153~~100.8439 3,~~542~~533,~~976~~869.5166 1001/01/~~2003~~2004 310900858 N/A 12/01/2012 N 3,~~383~~360,~~877~~013.9024 3,~~372~~348,~~279~~282.8867 1101/01/~~2003~~2004 850200903 N/A 10/01/2012 N 3,~~410~~395,~~573~~224.3249 3,~~403~~387,~~206~~776.3394 1101/01/~~2003~~2004 310900950 N/A 12/01/2007 N 3,~~367~~357,~~537~~867.6032 3,~~362~~353,~~998~~277.3342 1101/01/~~2003~~2004 310900958 N/A 12/01/2012 N 3,~~256~~247,~~162~~228.6293 3,~~251~~243,~~993~~011.9844 1001/01/~~2003~~2004 600872035 N/A 12/01/2012 N 3,~~227~~221,~~876~~368.9949 3,~~224~~218,~~891~~350.3618 1101/01/~~2003~~2004 310900872 N/A 09/01/2012 N 3,~~210~~201,~~006~~329.5837 3,~~205~~197,~~971~~245.4724 1101/01/~~2003~~2004 850200957 N/A 12/01/2012 N 3,~~156~~147,~~297~~392.2917 3,~~152~~143,~~126~~174.6106 1101/01/~~2003~~2004 850200936 N/A 11/01/2012 N 3,~~151~~142,~~449~~472.5351 3,~~147~~138,~~241~~217.9018 1101/01/~~2003~~2004 310900854 N/A 09/01/2012 N 3,~~047~~042,~~299~~186.2839 3,~~045~~039,~~034~~892.8928 1101/01/~~2003~~2004 310900906 N/A 11/01/2012 N 3,~~017~~009,~~149~~228.6153 3,~~013~~005,~~477~~511.9147 1101/01/~~2003~~2004 310900861 N/A 09/01/2012 N 2,~~960~~953,~~022~~714.2668 2,~~957~~950,~~202~~852.5304 1101/01/~~2003~~2004 600872036 N/A 10/01/2017 N 2,~~876~~854,~~229~~933.7172 2,~~865~~844,~~851~~443.3366 1101/01/~~2003~~2004 850200972 N/A 12/01/2012 N 2,~~925~~920,~~921~~234.7117 2,~~923~~917,~~328~~611.2533 1101/01/~~2003~~2004 600872013 N/A 10/01/2012 N 2,~~906~~898,~~092~~571.4745 2,~~902~~895,~~615~~050.0216 1001/01/~~2003~~2004 600872037 N/A 09/01/2012 N 2,~~862~~856,~~811~~865.2314 2,~~859~~853,~~845~~869.8600 1101/01/~~2003~~2004 600872038 N/A 12/05/2012 N 2,~~848~~843,~~763~~451.5809 2,~~846~~841,~~358~~017.4564 1101/05/~~2003~~2004 310900880 N/A 10/01/2012 N 2,~~661~~654,~~048~~373.0173 2,~~657~~651,~~976~~262.6341 1101/01/~~2003~~2004 600872039 N/A 11/01/2014 N 2,~~540~~529,~~143~~008.9372 2,~~534~~523,~~810~~615.7157 1101/01/~~2003~~2004 850200971 N/A 12/01/2012 N 2,~~466~~459,~~141~~242.7530 2,~~462~~455,~~913~~977.9748 1101/01/~~2003~~2004 310900841 N/A 11/01/2017 N 2,~~332~~314,~~247~~936.3319 2,~~323~~306,~~805~~405.7880 1101/01/~~2003~~2004 600872040 N/A 10/01/2012 N 2,~~376~~372,~~255~~215.8281 2,~~374~~370,~~460~~397.6042 1101/01/~~2003~~2004 310900951 N/A 12/01/2007 N 2,~~292~~285,~~255~~583.0291 2,~~289~~282,~~118~~412.3375 1101/01/~~2003~~2004 600872041 N/A 11/03/2012 N 2,~~290~~284,~~699~~235.2359 2,~~287~~280,~~476~~976.3488 1101/03/~~2003~~2004 310900892 N/A 10/01/2012 N 2,~~275~~271,~~894~~792.7646 2,~~274~~269,~~050~~925.8392 1101/01/~~2003~~2004 600872042 N/A 07/01/2015 N 2,~~181~~161,~~577~~149.3518 2,~~171~~151,~~584~~043.5241 1101/01/~~2003~~2004 310900881 N/A 10/01/2012 N 2,~~146~~137,~~558~~371.0703 2,~~142~~132,~~170~~931.2276 1101/01/~~2003~~2004 600872043 N/A 11/01/2012 N 2,~~079~~075,~~295~~501.3060 2,~~077~~073,~~585~~771.4712 1101/01/~~2003~~2004 600872047 N/A 12/01/2012 N 2,~~055~~046,~~481~~371.2886 2,~~051~~041,~~111~~954.8255 1101/01/~~2003~~2004 310900843 N/A 10/01/2012 N 1,~~948~~943,~~447~~894.2097 1,~~946~~941,~~376~~795.3329 1101/01/~~2003~~2004 850200905 N/A 10/01/2012 N 1,~~930~~926,~~008~~606.50 1,~~928~~925,~~485~~064.8681 1101/01/~~2003~~2004 310900902 N/A 10/01/2012 N 1,~~929~~926,~~786~~346.5364 1,~~928~~924,~~243~~784.61 1101/01/~~2003~~2004 310900834 N/A 10/01/2012 N 1,~~826~~823,~~500~~352.4762 1,~~825~~821,~~097~~932.8309 1101/01/~~2003~~2004 310900692 N/A 10/01/2012 N 1,~~787~~782,~~658~~975.1835 1,~~785~~780,~~489~~779.1733 1101/01/~~2003~~2004 310900850 N/A 09/01/2012 N 1,~~771~~767,~~872~~433.6101 1,~~769~~765,~~831~~364.0367 1101/01/~~2003~~2004 310900959 N/A 12/01/2012 N 1,~~677~~672,~~417~~814.1292 1,~~675~~670,~~269~~642.6427 1101/01/~~2003~~2004 310900913 N/A 11/01/2012 N 1,~~682~~679,~~986~~867.1370 1,~~681~~678,~~576~~441.6846 1112/01/2003 310900851 N/A 09/01/2012 N 1,~~674~~670,~~116~~030.5496 1,~~672~~668,~~245~~134.5784 1101/01/~~2003~~2004 310900883 N/A 10/01/2012 N 1,~~623~~618,~~350~~790.8366 1,~~621~~616,~~218~~633.1528 1101/01/~~2003~~2004 700200827 N/A 07/01/2012 N 1,~~620~~616,~~759~~680.6285 1,~~618~~614,~~884~~780.4491 1101/01/~~2003~~2004 310900931 N/A 12/01/2012 N 1,~~554~~550,~~602~~444.1385 1,~~552~~548,~~669~~488.0752 1101/01/~~2003~~2004 310900882 N/A 10/01/2012 N 1,~~486~~484,~~730~~474.0921 1,~~485~~483,~~752~~482.7094 1101/01/~~2003~~2004 600872044 N/A 09/01/2012 N 1,~~485~~483,~~908~~710.2444 1,~~484~~482,~~962~~751.6606 1101/01/~~2003~~2004 310900855 N/A 09/01/2012 N 1,~~474~~471,~~180~~707.5207 1,~~473~~470,~~085~~597.0826 1101/01/~~2003~~2004 310900844 N/A 09/01/2012 N 1,~~384~~365,~~472~~887.4294 1,~~375~~356,~~207~~511.9799 1201/01/~~2003~~2004 310900910 N/A 10/01/2012 N 1,~~385~~382,~~067~~526.9772 1,~~383~~381,~~921~~366.9486 1101/01/~~2003~~2004 310900873 N/A 09/01/2012 N 1,~~329~~326,~~445~~201.4805 1,~~327~~324,~~959~~695.7131 1101/01/~~2003~~2004 310900919 N/A 11/01/2012 N 1,~~301~~297,~~358~~912.8783 1,~~299~~296,~~759~~293.5491 1101/01/~~2003~~2004 310900903 N/A 09/01/2012 N 1,~~211~~208,~~109~~127.2142 1,~~209~~206,741.7977 1101/01/~~2003~~2004 310900839 N/A 08/01/2012 N 1,~~145~~142,~~589~~715.2916 1,~~144~~141,~~267~~376.9542 1101/01/~~2003~~2004 310900895 N/A 11/01/2012 N ~~985~~982,~~638~~983.4432 ~~984~~981,~~403~~733.2123 1101/01/~~2003~~2004 310900920 N/A 11/01/2012 N ~~984~~981,~~270~~362.4203 ~~982~~979,~~900~~977.9667 1101/01/~~2003~~2004 310900849 N/A 08/01/2017 N ~~908~~901,~~159~~878.0119 ~~905~~898,~~028~~708.3831 1201/01/~~2003~~2004 310900856 N/A 09/01/2012 N ~~920~~918,~~126~~582.1027 ~~919~~917,~~442~~889.3757 1101/01/~~2003~~2004 Totals 1,~~069~~066,~~090~~915,~~387~~261.3278 1,~~068~~065,~~062~~875,~~705~~986.5245 Appraisal Appraisal Res Mod Reduction Reduction Strat. Code Date Amount (2) (3) Totals 0.00 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10- Deed In Lieu of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination

Principal Prepayment Detail No Principal Prepayments this Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 01/13/2004 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 12/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 11/13/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 10/14/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 08/13/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 07/14/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 06/13/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 05/13/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 04/14/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 03/13/2003 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00

Prepayments Distribution Curtailments Payoff Date # Amount # Amount 01/13/2004 0 $0.00 0 $0.00 12/15/2003 0 $0.00 0 $0.00 11/13/2003 0 $0.00 0 $0.00 10/14/2003 0 $0.00 0 $0.00 09/15/2003 0 $0.00 0 $0.00 08/13/2003 0 $0.00 0 $0.00 07/14/2003 0 $0.00 0 $0.00 06/13/2003 0 $0.00 0 $0.00 05/13/2003 0 $0.00 0 $0.00 04/14/2003 0 $0.00 0 $0.00 03/13/2003 0 $0.00 0 $0.00

Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 01/13/2004 6.220217% 6.171038% 105 12/15/2003 6.220233% 6.171053% 106 11/13/2003 6.220268% 6.171086% 107 10/14/2003 6.220284% 6.171100% 108 09/15/2003 6.220317% 6.171132% 109 08/13/2003 6.220332% 6.171145% 110 07/14/2003 6.220346% 6.171157% 111 06/13/2003 6.220378% 6.171188% 112 05/13/2003 6.220393% 6.171201% 113 04/14/2003 6.220426% 6.171232% 114 03/13/2003 6.220439% 6.171244% 115 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period

Filing Compare · MORGAN STANLEY DEAN WITTER CAPITAL I INC SER 2003 TOP9