8-K 1 bsc03tp12.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.: 333-86366-04 Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2003-TOP12 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2132808 54-2132809 54-2132810 54-2132811 54-6553669 (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 distribution was made to holders of Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-TOP12. 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-TOP12, 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. Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2003-TOP12 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 22, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-TOP12, relating to the January 13, 2004 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Rd Columbia, MD 21045-1951 Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2003-TOP12 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 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 Bear Stearns Commercial Mortgage Securities 383 Madison Avenue New York, NY 10179 Contact: General Information Number Phone Number: (212) 272-2000 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 Ext 333 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, 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 07383FXK9 2.960000% 198,000,000.00 ~~198~~195,~~000~~257,~~000~~836.0070 1,~~311~~324,~~868~~149.8454 A-2 07383FXL7 3.880000% 150,600,000.00 150,600,000.00 0.00 A-3 07383FXM5 4.240000% 185,900,000.00 185,900,000.00 0.00 A-4 07383FXN3 4.680000% 487,288,000.00 487,288,000.00 0.00 B 07383FXP8 4.~~812916~~812750% 30,479,000.00 30,479,000.00 0.00 C 07383FXQ6 4.~~932916~~932750% 31,931,000.00 31,931,000.00 0.00 D 07383FXR4 5.~~202916~~202750% 13,063,000.00 13,063,000.00 0.00 E 07383FXU7 5.~~242916~~242750% 14,514,000.00 14,514,000.00 0.00 F 07383FXV5 5.~~242916~~242750% 7,257,000.00 7,257,000.00 0.00 G 07383FXW3 5.~~242916~~242750% 7,257,000.00 7,257,000.00 0.00 H 07383FXX1 4.941000% 5,805,000.00 5,805,000.00 0.00 J 07383FXY9 4.941000% 5,806,000.00 5,806,000.00 0.00 K 07383FXZ6 4.941000% 2,903,000.00 2,903,000.00 0.00 L 07383FYA0 4.941000% 2,902,000.00 2,902,000.00 0.00 M 07383FYB8 4.941000% 2,903,000.00 2,903,000.00 0.00 N 07383FYC6 4.941000% 2,903,000.00 2,903,000.00 0.00 O 07383FYD4 4.941000% 11,611,793.00 11,611,793.00 0.00 R-I N/A 0.000000% 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 R-III N/A 0.000000% 0.00 0.00 0.00 Totals 1,161,122,793.00 1,~~161~~158,~~122~~380,~~793~~629.0070 1,~~311~~324,~~868~~149.8454

Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current Distribution Penalties Additional Trust Distribution Subordination Fund Expenses Level(1) A-1 07383FXK9 ~~488~~481,~~400~~636.00 0.00 0.00 1,~~800~~805,~~268~~785.8454 ~~196~~193,~~688~~933,~~131~~687.16 12.0104% A-2 07383FXL7 486,940.00 0.00 0.00 486,940.00 150,600,000.00 12.0104% A-3 07383FXM5 656,846.67 0.00 0.00 656,846.67 185,900,000.00 12.0104% A-4 07383FXN3 1,900,423.20 0.00 0.00 1,900,423.20 487,288,000.00 12.0104% B 07383FXP8 122,~~244~~239.0684 0.00 0.00 122,~~244~~239.0684 30,479,000.00 9.3941% C 07383FXQ6 131,~~260~~256.7937 0.00 0.00 131,~~260~~256.7937 31,931,000.00 6.6365% D 07383FXR4 56,~~638~~636.0827 0.00 0.00 56,~~638~~636.0827 13,063,000.00 5.5152% E 07383FXU7 63,~~413~~411.0706 0.00 0.00 63,~~413~~411.0706 14,514,000.00 4.2526% F 07383FXV5 31,~~706~~705.5453 0.00 0.00 31,~~706~~705.5453 7,257,000.00 3.6364% G 07383FXW3 31,~~706~~705.5453 0.00 0.00 31,~~706~~705.5453 7,257,000.00 3.0001% H 07383FXX1 23,902.09 0.00 0.00 23,902.09 5,805,000.00 2.5051% J 07383FXY9 23,906.21 0.00 0.00 23,906.21 5,806,000.00 2.0001% K 07383FXZ6 11,953.10 0.00 0.00 11,953.10 2,903,000.00 1.7576% L 07383FYA0 11,948.99 0.00 0.00 11,948.99 2,902,000.00 1.5051% M 07383FYB8 11,953.10 0.00 0.00 11,953.10 2,903,000.00 1.25% N 07383FYC6 11,953.10 0.00 0.00 11,953.10 2,903,000.00 1.00% O 07383FYD4 47,~~811~~978.56 0.00 0.00 47,~~811~~978.56 11,611,793.00 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-III N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 4,~~113~~106,~~007~~395.1062 0.00 0.00 5,~~424~~430,~~875~~545.9416 1,~~159~~157,~~810~~056,~~924~~480.16

Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 07383FXS2 0.~~117599~~112468% 1,161,122,793.00 1,~~161~~158,~~122~~380,~~793~~629.0070 X-2 07383FXT0 0.~~925113~~924958% 1,097,720,000.00 1,097,720,000.00

Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 07383FXS2 ~~113~~108,~~788~~567.6201 0.00 ~~113~~108,~~788~~567.6201 1,~~159~~157,~~810~~056,~~924~~480.16 X-2 07383FXT0 846,~~262~~121.1318 0.00 846,~~262~~121.1318 1,097,720,000.00 (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 Beginning Principal Interest Prepayment Realized Loss/ Class CUSIP Balance Distribution Distribution Penalties Additional Trust Ending Fund Expenses Balance A-1 07383FXK9 ~~1,000~~986.~~00000000~~15069040 6.~~62560020~~68762394 2.~~46666667~~43250505 0.00000000 0.00000000 ~~993~~979.~~37439980~~46306646 A-2 07383FXL7 1,000.00000000 0.00000000 3.23333333 0.00000000 0.00000000 1,000.00000000 A-3 07383FXM5 1,000.00000000 0.00000000 3.53333335 0.00000000 0.00000000 1,000.00000000 A-4 07383FXN3 1,000.00000000 0.00000000 3.90000000 0.00000000 0.00000000 1,000.00000000 B 07383FXP8 1,000.00000000 0.00000000 4.~~01076348~~01062502 0.00000000 0.00000000 1,000.00000000 C 07383FXQ6 1,000.00000000 0.00000000 4.~~11076352~~11062510 0.00000000 0.00000000 1,000.00000000 D 07383FXR4 1,000.00000000 0.00000000 4.~~33576361~~33562505 0.00000000 0.00000000 1,000.00000000 E 07383FXU7 1,000.00000000 0.00000000 4.~~36909673~~36895825 0.00000000 0.00000000 1,000.00000000 F 07383FXV5 1,000.00000000 0.00000000 4.~~36909742~~36895825 0.00000000 0.00000000 1,000.00000000 G 07383FXW3 1,000.00000000 0.00000000 4.~~36909742~~36895825 0.00000000 0.00000000 1,000.00000000 H 07383FXX1 1,000.00000000 0.00000000 4.11750043 0.00000000 0.00000000 1,000.00000000 J 07383FXY9 1,000.00000000 0.00000000 4.11750086 0.00000000 0.00000000 1,000.00000000 K 07383FXZ6 1,000.00000000 0.00000000 4.11749914 0.00000000 0.00000000 1,000.00000000 L 07383FYA0 1,000.00000000 0.00000000 4.11750172 0.00000000 0.00000000 1,000.00000000 M 07383FYB8 1,000.00000000 0.00000000 4.11749914 0.00000000 0.00000000 1,000.00000000 N 07383FYC6 1,000.00000000 0.00000000 4.11749914 0.00000000 0.00000000 1,000.00000000 O 07383FYD4 1,000.00000000 0.00000000 4.~~11750020~~13188213 0.00000000 0.00000000 1,000.00000000 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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 07383FXS2 ~~1,000~~997.~~00000000~~63835202 0.~~09799878~~09350175 0.00000000 ~~998~~996.~~87017217~~49794762 X-2 07383FXT0 1,000.00000000 0.~~77092713~~77079873 0.00000000 1,000.00000000

Reconciliation Detail Advance Summary P & I Advances Outstanding 1990,~~939,692~~722.7011 Master Servicing Advances Outstanding 046.0062 Reimbursement for Interest on Advances 0.00 paid from general collections ~~Master Servicing Fee Summary~~ Current Period Accrued Master Servicing Fees 54,~~875~~757.3605 Less Delinquent Master Servicing Fees 166,~~229~~358.7039 Less Reductions to Master Servicing Fees 0.00 Plus Master Servicing Fees for Delinquent Payments Received 05,391.0091 Plus Adjustments for Prior Master Servicing Calculation 0.00 Total Master Servicing Fees Collected 3853,~~645~~790.6657

Certificate Interest Reconciliation Class Accrued Net Aggregate Realized Previously Unpaid Distributable Distributable Certificate Prepayment Losses/ Interest (including Certificate Certificate Remaining Interest Interest Expenses interest thereon) Interest Interest Interest Unpaid Shortfall Losses Adjustment Distribution Interest A-1 ~~488~~481,~~400~~636.00 0.00 0.00 0.00 ~~488~~481,~~400~~636.00 0.00 ~~488~~481,~~400~~636.00 0.00 A-2 486,940.00 0.00 0.00 0.00 486,940.00 0.00 486,940.00 0.00 A-3 656,846.67 0.00 0.00 0.00 656,846.67 0.00 656,846.67 0.00 A-4 1,900,423.20 0.00 0.00 0.00 1,900,423.20 0.00 1,900,423.20 0.00 X-1 ~~113~~108,~~788~~567.6201 0.00 0.00 0.00 ~~113~~108,~~788~~567.6201 0.00 ~~113~~108,~~788~~567.6201 0.00 X-2 846,~~262~~121.1318 0.00 0.00 0.00 846,~~262~~121.1318 0.00 846,~~262~~121.1318 0.00 B 122,~~244~~239.0684 0.00 0.00 0.00 122,~~244~~239.0684 0.00 122,~~244~~239.0684 0.00 C 131,~~260~~256.7937 0.00 0.00 0.00 131,~~260~~256.7937 0.00 131,~~260~~256.7937 0.00 D 56,~~638~~636.0827 0.00 0.00 0.00 56,~~638~~636.0827 0.00 56,~~638~~636.0827 0.00 E 63,~~413~~411.0706 0.00 0.00 0.00 63,~~413~~411.0706 0.00 63,~~413~~411.0706 0.00 F 31,~~706~~705.5453 0.00 0.00 0.00 31,~~706~~705.5453 0.00 31,~~706~~705.5453 0.00 G 31,~~706~~705.5453 0.00 0.00 0.00 31,~~706~~705.5453 0.00 31,~~706~~705.5453 0.00 H 23,902.09 0.00 0.00 0.00 23,902.09 0.00 23,902.09 0.00 J 23,906.21 0.00 0.00 0.00 23,906.21 0.00 23,906.21 0.00 K 11,953.10 0.00 0.00 0.00 11,953.10 0.00 11,953.10 0.00 L 11,948.99 0.00 0.00 0.00 11,948.99 0.00 11,948.99 0.00 M 11,953.10 0.00 0.00 0.00 11,953.10 0.00 11,953.10 0.00 N 11,953.10 0.00 0.00 0.00 11,953.10 0.00 11,953.10 0.00 O 47,811.56 0.00 0.00 0.00 47,811.56 0.00 47,~~811~~978.56 0.0069 Total 5,~~073~~060,~~057~~916.8581 0.00 0.00 0.00 5,~~073~~060,~~057~~916.8581 0.00 5,~~073~~061,~~057~~083.8581 0.0069

Other Required Information Available Distribution Amount (1) 6,~~384~~385,~~926~~233.6935 Principal Distribution Amount 1,~~311~~324,~~868~~149.8455 (a) Principal portion of Scheduled Payments 1,~~311~~324,~~868~~149.8455 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 152 Aggregate Unpaid Principal Balance of the Mortgage Loans 1,~~160~~157,~~121~~215,~~845~~157.7617 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,~~159~~157,~~810~~056,~~924~~480.56 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Master Servicing and Special Servicing Fee Paid 3853,~~645~~790.6657 Master Servicing Fee paid 3853,~~645~~790.6657 Special Servicing Fee paid 0.00 Trustee Fee Paid ~~904~~902.7358 Paying Agent Fee Paid 1,~~282~~279.5248 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

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,~~130~~117,~~120~~855.4695 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,~~130~~117,~~120~~855.4695 Principal: Scheduled Principal 1,~~311~~324,~~868~~149.8455 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,~~311~~324,~~868~~149.8455 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,~~441~~442,~~989~~005.3050 Total Funds Distributed Fees: Master Servicing Fee 54,~~875~~757.3605 Trustee Fee ~~904~~902.7358 Certificate Administration Fee 1,~~282~~279.5248 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 5756,~~062~~939.6112 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(167.00) Total Additional Trust Fund Expenses 0(167.00) Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,~~073~~061,~~057~~083.8581 Principal Distribution 1,~~311~~324,~~868~~149.8454 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,~~384~~385,~~926~~233.6935 Total Funds Distributed 6,~~441~~442,~~989~~005.3047

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 3 2,~~647~~638,~~028~~946.2101 0.23 ~~162~~160 5.~~8691~~8690 3.~~688976~~690802 1,000,001 to 2,000,000 36 55,~~327~~177,~~149~~082.2369 4.77 ~~124~~122 5.~~5779~~5780 3.~~212047~~215808 2,000,001 to 3,000,000 12 29,~~699~~614,~~341~~207.4594 2.56 ~~121~~118 5.~~2841~~2837 1.~~974913~~976309 3,000,001 to 4,000,000 23 8079,~~204~~989,~~359~~678.3127 6.9291 ~~127~~125 5.~~5107~~5102 2.~~058779~~059109 4,000,001 to 5,000,000 12 55,~~793~~647,~~019~~031.6917 4.81 ~~112~~110 5.~~3224~~3225 1.~~881344~~881637 5,000,001 to 6,000,000 11 61,~~408~~266,~~585~~845.8769 5.2930 ~~111~~109 5.~~2512~~2511 1.~~977441~~978040 6,000,001 to 7,000,000 5 33,~~215~~141,~~042~~838.8644 2.86 ~~115~~113 5.~~1438~~1423 2.~~152004~~153719 7,000,001 to 8,000,000 5 3837,~~006~~881,~~769~~164.5316 3.2827 ~~126~~124 5.~~5234~~5231 1.~~769920~~770070 8,000,001 to 9,000,000 4 3534,~~021~~920,~~491~~120.8606 3.02 ~~136~~134 6.~~2524~~2527 1.~~456846~~456933 9,000,001 to 10,000,000 12 115,~~358~~109,~~867~~092.9201 9.95 ~~105~~103 5.~~1302~~1295 2.~~420347~~421943 10,000,001 to 15,000,000 12 154,~~962~~756,~~847~~217.3375 13.3637 ~~104~~102 5.~~4707~~4699 2.~~110201~~110707 15,000,001 to 20,000,000 9 ~~159~~158,~~271~~887,~~117~~520.1017 13.73 ~~119~~117 5.3313 1.~~914400~~914659 20,000,001 to 25,000,000 1 20,900,000.00 1.8081 5755 3.7500 3.520000 25,000,001 and greater 7 317,~~995~~126,~~304~~736.20 27.4241 9189 4.~~6319~~6325 2.~~066812~~067491 Totals 152 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964

State (3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Alabama 1 13,~~764~~737,~~959~~604.7009 1.19 ~~110~~108 5.9000 2.150000 Alaska 1 1,~~943~~938,~~231~~530.6010 0.17 ~~117~~115 6.7900 1.450000 Arizona 6 43,~~602~~542,~~236~~685.9317 3.76 ~~106~~104 5.~~5247~~5254 1.~~791507~~791770 California 40 220,~~563~~026,~~940~~840.5343 19.02 ~~102~~100 4.~~7682~~7690 2.~~118413~~118615 Colorado 4 23,~~573~~517,~~830~~883.7563 2.03 ~~111~~109 5.~~5511~~5513 1.~~663491~~663511 Florida 13 139,~~263~~070,~~738~~486.1466 12.0102 ~~104~~102 4.~~9011~~9008 2.~~333644~~334173 Georgia 8 17,~~578~~550,~~032~~079.4844 1.52 ~~114~~112 5.~~6485~~6483 2.~~034061~~034260 Hawaii 1 4,~~131~~123,~~368~~219.3034 0.36 ~~112~~110 5.8700 1.630000 Idaho 3 10,~~300~~258,~~196~~687.6268 0.89 ~~116~~114 6.4900 2.144162 Illinois 4 36,~~860~~770,~~831~~844.3040 3.18 9290 5.~~3395~~3393 1.~~914071~~914700 Indiana 1 7,~~980~~965,~~994~~689.1091 0.69 ~~111~~109 6.0400 1.460000 Kentucky 2 12,~~553~~513,~~030~~247.8942 1.08 ~~115~~113 5.~~7812~~7807 1.~~551677~~552159 Maryland 3 29,~~578~~526,~~933~~441.6584 2.55 ~~109~~107 5.~~2943~~2939 1.~~967093~~967619 Massachusetts 7 104,~~590~~437,~~566~~013.2545 9.0203 7775 5.~~9801~~9788 2.~~168306~~169460 Michigan 3 21,~~759~~722,~~603~~926.7554 1.88 ~~128~~126 4.2101 4.~~100707~~102267 Minnesota 2 5,~~378~~366,~~599~~053.6168 0.46 ~~116~~114 5.~~6750~~6749 1.~~703518~~703516 Nevada 2 2,~~287~~281,~~692~~252.3254 0.20 ~~116~~114 5.9600 2.575000 New Hampshire 1 8,~~858~~834,~~673~~482.5932 0.76 ~~108~~106 6.4600 1.450000 New Jersey 11 ~~121~~120,~~368~~802,~~855~~260.0837 10.4644 ~~132~~129 5.~~0445~~0441 1.~~817275~~818505 New York 12 136,~~323~~103,~~359~~198.7296 11.7576 ~~112~~110 4.~~7756~~7754 2.~~783976~~785040 North Carolina 6 17,~~304~~263,~~390~~590.3189 1.49 ~~110~~108 4.~~7749~~7738 2.~~571373~~573674 Ohio 3 10,~~475~~437,~~125~~887.0423 0.90 ~~169~~167 5.~~6415~~6416 1.~~687646~~687812 Oklahoma 1 8,~~800~~759,~~115~~717.5703 0.76 ~~237~~235 5.7000 1.320000 Oregon 3 10,~~759~~722,~~113~~573.7938 0.93 7371 4.~~5587~~5589 1.~~729542~~729515 Pennsylvania 3 18,~~127~~091,~~495~~277.8705 1.56 ~~117~~115 5.7895 1.~~520999~~520996 South Carolina 1 3,480,000.00 0.30 7876 4.6500 2.980000 Texas 10 69,~~938~~755,~~579~~978.0754 6.03 ~~100~~98 5.~~4403~~4404 1.~~621176~~621163 Utah 5 18,~~469~~402,~~479~~343.3441 1.59 6563 4.3960 1.750000 Virginia 7 37,~~567~~432,~~508~~366.4614 3.24 ~~126~~124 5.~~2313~~2294 2.~~091615~~094073 Washington 2 2,~~626~~621,~~441~~318.8092 0.23 ~~117~~115 5.8021 1.~~640138~~640139 Totals 166 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.25 or less 5 4039,~~110~~934,~~376~~386.0111 3.4645 ~~119~~117 6.~~9187~~9201 1.~~205926~~205909 1.26 to 1.35 10 5958,~~160~~961,~~860~~259.8148 5.10 ~~140~~138 6.~~1712~~1718 1.~~315056~~315066 1.36 to 1.45 10 76,~~499~~018,~~022~~132.9219 6.6057 ~~146~~143 5.~~6018~~6026 1.~~409262~~409268 1.46 to 1.55 10 54,~~305~~171,~~650~~229.3359 4.68 ~~114~~112 5.~~8020~~8022 1.~~496321~~496309 1.56 to 1.65 17 ~~114~~113,~~222~~906,~~449~~477.2577 9.8584 ~~105~~103 5.~~2900~~2901 1.~~593262~~593265 1.66 to 1.75 15 117,~~644~~322,~~611~~680.8702 10.14 9997 5.~~2063~~2067 1.~~718677~~718664 1.76 to 1.85 9 35,~~626~~550,~~830~~492.2630 3.07 9290 5.~~1655~~1649 1.~~786720~~786670 1.86 or greater 76 ~~662~~661,~~241~~191,~~123~~823.1110 57.1014 ~~102~~100 4.~~8249~~8252 2.~~576517~~577116 Totals 152 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964

Property Type(3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 29 102,~~999~~733,~~935~~266.9013 8.88 ~~119~~117 5.7832 1.~~782539~~782991 Lodging 4 17,~~355~~265,~~681~~564.2344 1.5049 ~~140~~138 6.~~3355~~3358 1.~~853839~~854334 Mixed Use 6 37,~~430~~334,~~907~~672.65 3.23 ~~116~~114 5.~~1733~~1732 1.~~975780~~975837 Mobile Home Park 5 27,~~948~~907,~~035~~293.9788 2.41 ~~122~~120 4.~~4510~~4511 3.~~752473~~753154 Multi-Family 18 9695,~~108~~659,~~855~~860.9171 8.2927 ~~157~~155 5.~~2106~~2109 2.~~447634~~451542 Office 22 235,~~427~~105,~~824~~923.0626 20.3032 9795 5.~~5208~~5202 2.~~135189~~135758 Other 3 28,~~891~~782,~~584~~165.5261 2.49 9693 4.~~9271~~9251 1.~~756848~~757676 Retail 76 ~~603~~601,~~105~~753,~~665~~943.7349 52.0001 ~~100~~98 4.~~9060~~9061 2.~~094822~~095471 Self Storage 3 10,~~542~~513,~~433~~790.5939 0.91 ~~116~~114 5.~~3913~~3912 2.~~149526~~149643 Totals 166 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964

Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 4.500% or less 14 205,~~672~~194,~~326~~134.2688 17.73 7876 3.~~9639~~9643 2.~~697449~~698753 4.501% to 5.000% 24 ~~248~~247,~~019~~549,~~176~~168.3236 21.3839 ~~115~~113 4.7898 2.~~409666~~410510 5.001% to 5.500% 42 ~~339~~338,~~407~~660,~~981~~120.6831 29.2627 ~~108~~106 5.1924 2.~~096764~~097680 5.501% to 6.000% 51 ~~236~~235,~~571~~882,~~903~~995.5471 20.4039 ~~123~~121 5.7420 1.~~730550~~730970 6.001% to 6.500% 14 78,~~896~~667,~~378~~230.2235 6.80 ~~119~~117 6.~~2090~~2089 1.~~663098~~663036 6.501% or greater 7 51,~~243~~102,~~158~~830.5495 4.42 9896 7.~~1894~~1892 1.~~261461~~261508 Totals 152 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964

Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less ~~150~~146 1,~~130~~075,~~691~~056,~~038~~880.8504 9792.4991 ~~108~~104 5.~~1000~~0710 2.~~153021~~189936 13 to 24 months 15 1568,~~436~~350,~~485~~726.8490 15.3391 ~~101~~130 76.~~3100~~0522 1.~~200000~~372383 25 to 36 months 1 13,~~683~~648,~~399~~873.8762 1.18 9492 7.5200 1.200000 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 152 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964

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 or less 8 125,~~878~~813,~~353~~499.7658 10.8587 5553 4.~~8352~~8350 2.~~685473~~685947 61 to 120 months 122 ~~883~~881,~~839~~968,~~824~~406.4280 76.2123 ~~103~~101 5.1995 2.~~111163~~111721 121 to 180 months 4 55,~~547~~406,~~165~~379.38 4.79 ~~166~~164 4.~~7221~~7223 2.~~307573~~307850 181 months and greater 1 3,~~318~~306,~~210~~303.9209 0.29 ~~238~~236 5.9300 1.300000 Totals 135 1,~~068~~066,~~583~~494,~~554~~588.4885 92.1317 ~~101~~99 5.1340 2.~~186508~~187135

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 or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 12 7473,~~452~~867,~~392~~846.8388 6.4238 ~~169~~167 5.~~3912~~3913 1.~~408376~~408364 181 to 240 months 5 16,~~774~~694,~~977~~044.2583 1.4544 ~~231~~229 5.~~6461~~6462 1.~~670516~~670542 241 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 17 9190,~~227~~561,~~370~~891.0871 7.8783 ~~180~~178 5.~~4381~~4382 1.~~456579~~456693

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 21 251,205,750.00 21.6671 7775 4.6931 3.137862 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 180 months 1 1,~~336~~327,~~328~~025.7365 0.1211 ~~117~~115 5.9000 1.670000 181 to 240 months 9 44,~~318~~131,~~919~~905.3792 3.8281 ~~111~~109 6.~~4682~~4683 1.~~574811~~574813 241 to 300 months 38 ~~313~~312,~~899~~820,~~664~~446.3239 27.0604 ~~105~~103 4.~~9158~~9163 1.~~852629~~852525 301 to 360 months 66 457,~~822~~009,~~892~~460.0689 39.4750 ~~111~~109 5.~~3942~~3943 1.~~954144~~954216 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 135 1,~~068~~066,~~583~~494,~~554~~588.4885 92.1317 ~~101~~99 5.1340 2.~~186508~~187135

Age of Most Recent Financial Information Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Underwriter's Information 152 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964 1 year or less 0 0.00 0.00 0 0.0000 0.000000 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 152 1,~~159~~157,~~810~~056,~~924~~480.56 100.00 ~~108~~106 5.~~1579~~1578 2.~~129093~~129964 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers 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 850201176 1 RT Tracy CA ~~196~~195,~~673~~848.2862 ~~136~~137,~~234~~059.4612 3.430% 700201210 2 RT Tampa FL 288,~~939~~292.8381 69,~~001~~648.5860 5.090% 700201217 3 OF Boston MA 220,229.17 0.00 5.115% 700201126 4 OF New York NY 166,194.44 0.00 5.000% 700201196 005 013 RT Various Various 144,~~931~~408.9806 6667,~~742~~266.2113 4.396% 610901210 14 RT Houston TX 126,~~639~~340.6246 33,~~484~~783.7591 4.880% 600872621 15 MF Florham Park NJ ~~126~~125,~~336~~335.2411 ~~112~~113,~~153~~155.9407 5.080% 600872601 16 RT Vestal NY 65,312.50 0.00 3.750% 600872622 17 RT Cedar Knolls NJ 81,~~662~~386.9896 32,~~360~~636.4951 4.750% 310901228 18 MF New York NY 7877,~~089~~815.1917 33,~~645~~919.6769 4.550% 850201026 19 RT San Marcos CA 80,783.06 0.00 5.045% 700201154 020 023 RT Various CA 87,~~212~~024.3250 19,~~128~~316.5234 5.300% 310901222 24 RT Voorhees NJ 7170,~~054~~807.5620 30,~~019~~267.7107 4.600% 610901198 25 IN Annapolis MD 82,~~716~~551.2900 15,~~615~~781.8312 5.650% 600872623 26 RT Denver CO 54,~~218~~113.9504 9,~~834~~940.3728 5.730% 600872624 27 OF Denver CO 24,~~644~~596.9884 4,~~470~~518.1731 5.730% 850201155 28 RT Scottsdale AZ 76,993.24 0.00 5.695% 310900360 29 OF Bedford MA 9796,~~355~~960.2661 2930,~~687~~081.2186 7.310% 850201237 30 OF Chicago IL 73,~~466~~251.3191 2021,~~838~~053.8424 5.640% 850201170 31 MU New York NY 60,~~754~~608.0920 16,~~634~~779.0594 4.800% 850201201 32 OT Newport Beach CA 58,622.29 0.00 4.695% 600872625 33 OF Boca Raton FL 56,466.67 0.00 4.840% 600872602 34 OF Santa Ana CA 65,841.42 0.00 5.462% 600872626 35 OF Hoover AL 69,~~996~~858.8961 12,~~449~~587.0836 5.900% 850200762 36 IN Avon MA 88,~~709~~486.1096 15,~~672~~894.1630 7.520% 850201198 37 RT Pembroke Pines FL 47,850.00 0.00 4.350% 850201169 38 RT Midlothian VA 44,814.58 0.00 4.390% 600872603 39 RT Webster TX 60,~~762~~583.0978 17,~~436~~615.7102 6.120% 700201115 40 IN Bethpage NY 60,~~326~~155.5045 15,~~764~~935.4954 5.920% 700200942 41 RT Round Rock TX 55,~~146~~044.2271 8,~~473~~575.7627 6.280% 310901267 42 MH Chesterfield MI 37,027.78 0.00 4.300% 600872604 43 OF Tucson AZ 50,719.44 0.00 5.890% 600872605 44 MH Flat Rock MI 33,~~792~~696.3077 13,~~546~~642.5508 3.930% 600872627 45 OT Wayne Township NJ 4847,~~072~~604.4590 47,~~506~~973.3085 5.610% 850201152 46 RT Jersey City NJ 37,113.54 0.00 4.510% 890901168 47 RT Lehighton PA 50,~~450~~357.9197 8,~~130~~223.7064 6.020% 600872661 48 RT Marlton NJ 42,088.96 0.00 5.145% 850201191 49 RT Largo FL 35,406.67 0.00 4.520% 310901143 50 RT Edgewater NJ 4645,~~034~~862.6181 16,~~718~~890.4020 5.700% 600872628 51 RT Des Plaines IL 40,442.08 0.00 5.050% 600872629 52 RT Naperville IL 38,~~268~~139.9642 15,~~513~~642.3286 5.000% 600872630 53 RT Louisville KY 4746,~~072~~869.8268 1819,~~983~~186.7892 5.960% 850201245 54 OF Lynnfield MA 56,~~224~~105.4677 7,~~786~~921.5847 7.325% 700200925 55 OF Portsmouth NH 49,~~341~~207.1532 11,~~202~~336.7457 6.460% 600872606 56 MF Oklahoma City OK 41,~~895~~704.8283 20,~~056~~247.1413 5.700% 850201145 57 RT Bellingham MA 39,~~945~~861.3560 8,~~210~~293.1186 5.480% 310900949 58 RT Portage IN 41,~~546~~466.0587 67,~~924~~004.9816 6.040% 600872662 59 OF New York NY 34,~~279~~167.8230 12,~~487~~599.3890 5.000% 600872607 60 MF Orlando FL 36,~~464~~381.1584 89,~~958~~041.9728 5.500% 850201188 61 RT Brighton MA 29,~~334~~262.6383 8,~~649~~721.6444 4.970% 850201182 62 LO Harrisonburg VA 3736,~~245~~990.3897 23,~~516~~770.1253 6.110% 310901181 63 RT Fair Oaks CA 36,~~492~~426.3812 5,~~746~~812.5783 6.060% 850201173 64 RT Hagerstown MD 25,049.00 0.00 4.440% 600872631 65 RT Glendora CA 34,~~313~~076.2639 22,~~702~~939.2815 5.900% 850201195 66 RT Miramar FL 21,660.38 0.00 4.005% 600872632 67 MU Delray Beach FL 28,~~222~~161.8069 6,~~289~~351.9304 5.250% 700201131 68 RT Frisco TX 26,~~884~~824.1395 6,~~136~~195.6987 5.220% 850201116 69 OF Eatontown NJ 3029,~~000~~941.0617 5,~~358~~416.1099 5.840% 850201126 70 RT Plant City FL 23,108.33 0.00 4.700% 600872633 71 OF Gambrills MD 26,~~365~~282.0141 8,~~690~~773.9858 5.250% 600872634 72 IN South San Francisco CA 24,~~526~~472.8377 5,~~640~~694.3036 5.190% 850201180 73 MU New York NY 2524,~~022~~968.8770 5,~~518~~573.8906 5.300% 600872635 74 RT Sayreville NJ 2322,~~024~~852.8827 20,~~125~~298.7435 4.880% 850201206 75 RT Raleigh NC 19,629.50 0.00 4.300% 600872636 76 RT Lithia Springs GA 30,~~540~~486.3190 4,~~259~~313.6102 6.510% 600872608 77 IN Pomona CA 23,~~120~~068.6900 5,~~697~~750.4413 5.030% 600872609 78 MF Akron OH 23,~~552~~500.9294 5,~~596~~648.6058 5.560% 600872663 79 OF New York NY 17,~~769~~703.8206 9,~~037~~104.8965 4.150% 600872637 80 MF Broomfield CO 23,~~926~~854.6290 7,~~047~~118.0779 5.590% 850201159 081 084 RT Various Various 20,905.95 0.00 5.050% 600872610 85 RT Bensalem PA 22,~~095~~045.5266 5,~~517~~567.5440 5.410% 850201218 86 RT LaGrangeville NY 23,~~476~~429.9244 4,~~560~~607.3381 5.570% 600872638 87 RT Mesa AZ 27,~~197~~153.3378 3,~~394~~438.9146 6.580% 600872639 88 OT New York NY 16,~~136~~092.1764 5,~~790~~834.8841 4.170% 310901142 89 OF Roanoke VA 19,~~800~~738.5617 6,~~566~~628.3473 5.250% 600872640 90 SS San Leandro CA 16,~~542~~501.8471 4,~~938~~979.0518 4.580% 600872641 91 IN Virginia Beach VA 21,~~194~~047.2702 14,~~066~~213.4570 5.920% 700201072 92 RT Paia HI 20,~~901~~860.6668 3,~~707~~748.8078 5.870% 600872611 93 IN Irvine CA 18,703.33 0.00 5.430% 310901223 94 MU Beverly Hills CA 18,~~880~~823.5099 5,~~659~~715.1263 5.490% 310901162 95 LO Coeur D`Alene ID 21,~~530~~444.3826 7,~~337~~423.7789 6.490% 600872642 96 RT Mountain View CA 18,~~043~~005.7597 3,~~911~~949.7553 5.780% 310901221 97 SS Salinas CA 18,~~133~~081.3901 5,~~031~~084.8826 5.700% 850201150 98 RT Dania FL 13,170.00 0.00 4.390% 310901176 99 MH Auburn CA 15,~~789~~753.3477 3,~~778~~814.9855 5.110% 310901149 100 MU Alexandria VA 17,~~299~~221.5370 7,~~729~~807.4831 5.630% 610901196 101 RT Hopewell VA 15,~~355~~320.1645 3,~~718~~753.8960 5.070% 850201158 102 RT Philadelphia PA 17,~~173~~138.1566 3,~~241~~275.3180 5.680% 600872643 103 IN Newbury Park CA 15,~~051~~017.3400 3,~~737~~771.4276 5.000% 600872644 104 RT McDonough GA 16,~~090~~056.3304 3,~~454~~488.1544 5.350% 410901193 105 MU Maple Grove MN 16,~~768~~733.1090 3,~~280~~314.5575 5.580% 850201127 106 RT Conway SC 13,485.00 0.00 4.650% 310901156 107 MH Florence KY 15,517.22 0.00 5.300% 410901151 108 OF Sacramento CA 15,~~058~~025.6003 3,~~527~~560.2582 5.160% 310901161 109 LO Idaho Falls ID 18,~~918~~843.9528 6,~~447~~523.7744 6.490% 600872645 110 RT Evendale OH 16,~~972~~912.8536 5,~~635~~696.9948 5.930% 850201216 111 RT Chicago IL 16,~~232~~161.1750 6,~~889~~960.5118 5.725% 600872646 112 MF Elizabeth NJ 14,~~664~~618.0710 4,~~808~~854.9491 5.280% 410901097 113 OF Berkeley CA 15,~~597~~528.1243 6,~~608~~677.5221 5.800% 310901160 114 LO Pocatello ID 17,~~224~~155.3141 5,~~870~~939.2111 6.490% 600872647 115 IN Garner NC 13,~~944~~841.3818 11,~~057~~160.4060 5.300% 600872612 116 IN Tucson AZ 12,~~358~~329.7127 3,~~363~~392.1256 4.790% 600872613 117 IN Irvine CA 13,609.86 0.00 5.450% 600872648 118 RT North Richland Hills TX 12,~~614~~574.9237 4,~~439~~480.7227 5.060% 850201144 119 RT Concord NC 10,693.00 0.00 4.440% 600872649 120 IN Charlotte NC 10,~~481~~451.2118 2,~~855~~885.8588 5.750% 600872650 121 IN Binghamton NY 3,~~518~~509.7441 ~~814~~824.7003 6.200% 410901213 122 IN Norfolk VA 12,~~350~~260.0249 9,~~496~~586.9144 5.350% 310900995 123 SS Houston TX 14,~~330~~290.1938 3,~~464~~504.2001 6.240% 600872614 124 IN Irvine CA 10,438.39 0.00 5.510% 850201113 125 RT Siler City NC 8,486.25 0.00 4.650% 600872651 126 RT Washington Townshi OH 9,~~352~~290.8106 67,~~982~~045.4116 5.380% 410901214 127 MF Tucson AZ 9,~~468~~398.7478 7,~~656~~726.6056 5.470% 410901153 128 MF Houston TX 9,~~878~~848.2598 2,~~857~~887.8815 5.620% 850201226 129 MF New York NY 7,982.50 0.00 4.635% 410901082 130 IN Culver City CA 9,~~991~~962.2492 2,~~663~~691.5183 5.810% 600872652 131 RT McDonough GA 9,~~194~~174.4788 1,~~973~~993.8039 5.350% 600872653 132 RT Stockbridge GA 9,~~194~~174.4788 1,~~973~~993.8039 5.350% 410901180 133 IN Elk Grove CA 9,~~499~~471.5502 2,~~830~~858.0255 5.540% 410901199 134 RT Anchorage AK 11,~~374~~347.5219 2,~~147~~174.5588 6.790% 410901114 135 MF Mankato MN 9,~~544~~517.4844 2,~~523~~550.6266 5.850% 600872654 136 OF Tampa FL 7,~~485~~467.2201 2,~~120~~138.7091 4.710% 600872655 137 IN Boca Raton FL 7,~~716~~699.9218 1,~~934~~952.8761 4.990% 410901218 138 IN Lawndale CA 8,~~499~~474.6915 2,~~553~~579.8943 5.500% 600872656 139 RT Auburn Hills MI 8,~~131~~093.0935 4,~~018~~055.2397 5.270% 600872615 140 IN Irvine CA 8,303.26 0.00 5.510% 410901126 141 MF Newberg OR 7,~~924~~908.7607 1,~~653~~669.1281 5.430% 410901178 142 OF San Francisco CA 8,~~558~~534.4562 2,~~182~~206.4629 5.950% 600872664 143 RT Titusville FL 7,~~734~~711.3662 2,~~215~~238.6438 5.630% 600872657 144 MF Raleigh NC 6,~~711~~661.8962 5,~~849~~899.3259 4.890% 600872616 145 IN Costa Mesa CA 7,472.94 0.00 5.510% 410901237 146 OF Round Rock TX 6,~~848~~798.4229 5,~~530~~580.3447 5.150% 600872617 147 IN Santa Ana CA 7,117.08 0.00 5.510% 410901201 148 MF Yuba City CA 7,~~865~~850.0885 1,~~224~~239.8407 6.100% 600872658 149 IN Norwood NJ 7,~~132~~081.3426 5,~~187~~238.6876 5.580% 410901203 150 IN Garland TX 7,~~273~~253.9807 1,~~970~~991.9485 5.800% 600872659 151 IN Oceanside CA 6,~~061~~032.2952 3,~~209~~237.0582 5.040% 410901200 152 RT Woodland CA 6,~~812~~765.1916 4,~~507~~554.0710 5.900% 410901211 153 MF Kennewick WA 6,~~827~~814.3760 1,~~133~~146.7653 5.950% 600872618 154 IN Irvine CA 6,286.76 0.00 5.510% 600872619 155 IN Irvine CA 6,168.14 0.00 5.510% 410901202 156 MF Tacoma WA 6,~~306~~293.5791 1,~~197~~210.5016 5.650% 410901169 157 RT Pasadena CA 6,~~378~~360.5770 1,~~637~~654.0491 5.950% 410901205 158 RT Plano TX 5,~~645~~620.7613 2,~~608~~634.8952 5.500% 410901226 159 OF Las Vegas NV 5,~~878~~861.1975 1,~~503~~519.1862 5.960% 410901172 160 RT Las Vegas NV 5,~~878~~861.1975 1,~~503~~519.1862 5.960% 600872660 161 RT Forest Park GA 5,~~056~~046.9618 1,~~085~~096.5937 5.350% 410901219 162 IN Gardena CA 65,~~010~~995.6220 1,~~294~~310.7416 6.420% 600872620 163 IN Irvine CA 4,981.96 0.00 5.510% 850201244 164 MF Somerville MA 6,~~236~~225.2578 ~~765~~776.5805 7.000% 410901186 165 MF Fullerton CA 4,~~812~~802.5987 ~~928~~937.2092 5.600% 410901182 166 MH Orangevale CA 5,~~065~~044.8908 2,~~052~~074.3516 5.920% Totals 5,~~130~~117,~~120~~855.4695 1,~~311~~324,~~868~~149.8455

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 850201176 N/A 04/01/2010 N 66,~~587~~308,~~397~~194.2461 66,~~451~~171,~~162~~135.7849 1101/01/~~2003~~2004 700201210 N/A 09/09/2012 N 65,~~922~~774,~~008~~392.5910 65,~~853~~704,~~007~~743.0150 1012/09/2003 700201217 N/A 04/09/2008 N 50,000,000.00 50,000,000.00 1012/09/2003 700201126 N/A 07/09/2013 N 38,600,000.00 38,600,000.00 1101/09/~~2003~~2004 700201196 N/A 04/09/2009 N 38,~~286~~148,~~648~~244.6551 38,~~219~~080,~~906~~978.4438 1012/09/2003 610901210 N/A 07/01/2010 N 30,~~136~~065,~~345~~154.0523 30,~~102~~031,~~860~~370.3032 1101/01/~~2003~~2004 600872621 N/A 12/01/2017 N 28,~~880~~651,~~521~~663.6158 28,~~768~~538,~~367~~508.6751 1101/01/~~2003~~2004 600872601 N/A 08/01/2008 N 20,900,000.00 20,900,000.00 1001/01/~~2003~~2004 600872622 N/A 09/01/2013 N 19,~~965~~897,~~143~~659.2084 19,~~932~~865,~~782~~023.7133 1101/01/~~2003~~2004 310901228 N/A 08/01/2018 N 19,~~930~~860,~~598~~660.1826 19,~~896~~826,~~952~~740.5157 1101/01/~~2003~~2004 850201026 N/A 01/01/2010 N 19,215,000.00 19,215,000.00 1101/01/~~2003~~2004 700201154 N/A 08/01/2013 N 19,~~109~~068,~~212~~057.2947 19,~~090~~048,~~083~~741.7713 1101/01/~~2003~~2004 310901222 N/A 08/01/2018 N 17,~~938~~875,~~037~~590.3375 17,~~908~~845,~~017~~323.6268 1101/01/~~2003~~2004 610901198 N/A 08/01/2013 N 1716,~~001~~967,~~349~~376.4702 16,~~985~~951,~~733~~594.6490 1101/01/~~2003~~2004 600872623 N/A 09/01/2013 N 10,~~988~~967,~~471~~006.6898 10,~~978~~957,~~637~~066.3170 1101/01/~~2003~~2004 600872624 N/A 09/01/2013 N 4,~~994~~985,~~759~~003.8516 4,~~990~~980,~~289~~484.6885 1101/01/~~2003~~2004 850201155 N/A 06/01/2013 N 15,700,000.00 15,700,000.00 1001/01/~~2003~~2004 310900360 N/A 04/01/2012 N 15,~~466~~403,~~173~~477.0430 15,~~436~~373,~~485~~395.8445 1101/01/~~2003~~2004 850201237 N/A 09/01/2008 N 15,~~126~~082,~~899~~754.8535 15,~~106,~~061,701.0111 1001/01/~~2003~~2004 850201170 N/A 07/01/2013 N 14,~~698~~663,~~569~~274.3994 14,~~681~~646,~~935~~495.3400 1001/01/~~2003~~2004 850201201 N/A 08/01/2008 N 14,500,000.00 14,500,000.00 1101/01/~~2003~~2004 600872625 N/A 08/01/2015 N 14,000,000.00 14,000,000.00 1101/01/~~2003~~2004 600872602 N/A 08/01/2013 N 14,000,000.00 14,000,000.00 1001/01/~~2003~~2004 600872626 N/A 01/01/2013 N 13,~~777~~750,~~408~~191.7845 13,~~764~~737,~~959~~604.7009 1101/01/~~2003~~2004 850200762 N/A 09/01/2011 N 13,~~699~~664,~~072~~767.0392 13,~~683~~648,~~399~~873.8762 1101/01/~~2003~~2004 850201198 N/A 08/01/2010 N 13,200,000.00 13,200,000.00 1101/01/~~2003~~2004 850201169 N/A 07/01/2010 N 12,250,000.00 12,250,000.00 1101/01/~~2003~~2004 600872603 N/A 05/01/2013 N 11,~~914~~879,~~134~~172.6328 11,~~896~~861,~~697~~557.9226 1001/01/~~2003~~2004 700201115 N/A 06/01/2013 N 11,~~833~~800,~~880~~328.9013 11,~~818~~784,~~116~~392.4159 1101/01/~~2003~~2004 700200942 N/A 11/01/2012 N 10,~~197~~178,~~574~~803.5476 10,~~189~~170,~~100~~228.7849 1101/01/~~2003~~2004 310901267 N/A 09/01/2013 N 10,000,000.00 10,000,000.00 1101/01/~~2003~~2004 600872604 N/A 04/01/2013 N 10,000,000.00 10,000,000.00 1001/01/~~2003~~2004 600872605 N/A 09/01/2013 N 9,~~985~~957,~~411~~183.1561 9,~~971~~943,~~864~~541.6053 1001/01/~~2003~~2004 600872627 N/A 09/01/2015 N 9,~~951~~854,~~171~~385.2583 9,~~903~~806,~~664~~411.9598 1101/01/~~2003~~2004 850201152 N/A 02/01/2008 N 9,875,000.00 9,875,000.00 1101/01/~~2003~~2004 890901168 N/A 08/01/2013 N 9,~~732~~714,~~251~~322.8723 9,~~724~~706,~~121~~098.1759 1001/01/~~2003~~2004 600872661 N/A 06/01/2008 N 9,500,000.00 9,500,000.00 1001/01/~~2003~~2004 850201191 N/A 08/01/2010 N 9,400,000.00 9,400,000.00 1101/01/~~2003~~2004 310901143 N/A 07/01/2013 N 9,~~378~~343,~~866~~865.9878 9,~~362~~326,~~148~~975.58 1101/01/~~2003~~2004 600872628 N/A 05/01/2013 N 9,300,000.00 9,300,000.00 1101/01/~~2003~~2004 600872629 N/A 09/01/2013 N 9,~~184~~153,~~551~~459.0577 9,~~169~~137,~~037~~816.7391 1101/01/~~2003~~2004 600872630 N/A 06/01/2013 N 9,~~172~~132,~~014~~434.6734 9,~~153~~113,~~030~~247.8942 1101/01/~~2003~~2004 850201245 N/A 10/01/2010 N 8,~~913~~894,~~709~~892.8073 8,~~905~~886,~~923~~971.2226 1112/01/2003 700200925 N/A 11/01/2012 N 8,~~869~~845,~~876~~818.3389 8,~~858~~834,~~673~~482.5932 1101/01/~~2003~~2004 600872606 N/A 08/01/2023 N 8,~~820~~779,~~171~~964.7116 8,~~800~~759,~~115~~717.5703 1001/01/~~2003~~2004 850201145 N/A 06/01/2013 N 8,~~464~~447,~~989~~243.5931 8,~~456~~438,~~779~~949.4845 1101/01/~~2003~~2004 310900949 N/A 02/01/2013 N 7,~~987~~972,~~919~~694.0807 7,~~980~~965,~~994~~689.1091 1101/01/~~2003~~2004 600872662 N/A 07/01/2013 N 7,~~961~~935,~~764~~632.6607 7,~~949~~923,~~277~~032.2817 1101/01/~~2003~~2004 600872607 N/A 05/01/2013 N 7,~~955~~937,~~814~~855.55 7,~~946~~928,~~855~~814.5827 1001/01/~~2003~~2004 850201188 N/A 08/01/2013 N 7,~~082~~065,~~807~~472.6049 7,~~074~~056,~~157~~751.9605 1101/01/~~2003~~2004 850201182 N/A 07/01/2018 N 7,~~079~~030,~~000~~647.7329 7,~~055~~006,~~484~~876.6176 1001/01/~~2003~~2004 310901181 N/A 09/01/2013 N 6,~~993~~980,~~111~~411.0572 6,~~987~~974,~~364~~598.4889 1101/01/~~2003~~2004 850201173 N/A 07/01/2010 N 6,770,000.00 6,770,000.00 1101/01/~~2003~~2004 600872631 N/A 08/01/2018 N 6,~~753~~707,~~839~~216.5751 6,~~731~~684,~~137~~277.2936 1101/01/~~2003~~2004 850201195 N/A 08/01/2010 N 6,490,000.00 6,490,000.00 1101/01/~~2003~~2004 600872632 N/A 09/01/2013 N 6,~~242~~229,~~831~~313.0223 6,~~236~~222,~~541~~962.0919 1101/01/~~2003~~2004 700201131 N/A 07/01/2013 N 5,~~980~~967,~~897~~730.5828 5,~~974~~961,~~760~~534.8941 1101/01/~~2003~~2004 850201116 N/A 04/01/2010 N 5,~~965~~953,~~544~~834.2624 5,~~960~~948,~~186~~417.1625 1101/01/~~2003~~2004 850201126 N/A 05/01/2010 N 5,900,000.00 5,900,000.00 1101/01/~~2003~~2004 600872633 N/A 08/01/2013 N 5,~~831~~813,~~890~~620.9952 5,~~823~~804,~~200~~846.0194 1001/01/~~2003~~2004 600872634 N/A 08/01/2013 N 5,~~488~~475,~~009~~913.5032 5,~~482~~470,~~369~~218.2096 1101/01/~~2003~~2004 850201180 N/A 07/01/2013 N 5,~~482~~470,~~796~~926.1783 5,~~477~~465,~~277~~353.2877 1101/01/~~2003~~2004 600872635 N/A 09/01/2018 N 5,~~479~~438,~~216~~139.0599 5,~~459~~417,~~090~~841.3164 1101/01/~~2003~~2004 850201206 N/A 09/01/2010 N 5,478,000.00 5,478,000.00 1012/01/2003 600872636 N/A 11/01/2012 N 5,~~447~~438,~~952~~425.6515 5,~~443~~434,~~693~~112.0413 1110/01/2003 600872608 N/A 08/01/2013 N 5,~~337~~325,~~938~~773.4283 5,~~332~~320,~~240~~023.9870 1001/01/~~2003~~2004 600872609 N/A 07/01/2013 N 5,~~083~~072,~~364~~145.6047 5,~~077~~066,~~768~~496.0089 1001/01/~~2003~~2004 600872663 N/A 07/01/2008 N 4,~~972~~953,~~510~~830.7650 4,~~963~~944,~~472~~725.8785 1101/01/~~2003~~2004 600872637 N/A 06/01/2013 N 4,~~970~~955,~~616~~717.6989 4,~~963~~948,~~569~~599.6210 1101/01/~~2003~~2004 850201159 N/A 06/01/2013 N 4,967,750.00 4,967,750.00 1101/01/~~2003~~2004 600872610 N/A 08/01/2013 N 4,~~901~~889,~~039~~979.0913 4,~~895~~884,~~521~~411.5573 1001/01/~~2003~~2004 850201218 N/A 09/01/2010 N 4,~~894~~884,~~706~~807.9378 4,~~890~~880,~~146~~199.6097 1101/01/~~2003~~2004 600872638 N/A 10/01/2013 N 4,~~800~~792,~~000~~314.0023 4,~~796~~788,~~605~~875.0977 1101/01/~~2003~~2004 600872639 N/A 09/01/2013 N 4,~~493~~481,~~710~~588.4504 4,~~487~~475,~~919~~753.5763 1101/01/~~2003~~2004 310901142 N/A 07/01/2013 N 4,~~379~~366,~~846~~046.5743 4,~~373~~359,~~280~~417.2370 1101/01/~~2003~~2004 600872640 N/A 09/01/2013 N 4,~~194~~184,~~549~~120.1152 4,~~189~~179,~~611~~141.0634 1101/01/~~2003~~2004 600872641 N/A 07/01/2018 N 4,~~157~~128,~~551~~665.5759 4,~~143~~114,~~485~~451.1289 1101/01/~~2003~~2004 700201072 N/A 03/01/2013 N 4,~~135~~126,~~076~~968.1012 4,~~131~~123,~~368~~219.3034 1101/01/~~2003~~2004 600872611 N/A 05/01/2013 N 4,000,000.00 4,000,000.00 1001/01/~~2003~~2004 310901223 N/A 09/01/2013 N 3,~~993~~981,~~760~~807.3820 3,~~988~~976,~~101~~091.2657 1101/01/~~2003~~2004 310901162 N/A 07/01/2013 N 3,~~852~~837,~~546~~136.0429 3,~~845~~829,~~208~~712.2740 1101/01/~~2003~~2004 600872642 N/A 09/01/2016 N 3,~~746~~738,~~107~~264.0066 3,~~742~~734,~~195~~315.2513 1101/01/~~2003~~2004 310901221 N/A 09/01/2013 N 3,~~694~~683,~~409~~737.7312 3,~~689~~678,~~377~~652.8586 1001/01/~~2003~~2004 850201150 N/A 06/01/2010 N 3,600,000.00 3,600,000.00 1101/01/~~2003~~2004 310901176 N/A 07/01/2013 N 3,~~588~~580,~~258~~175.8243 3,~~584~~576,~~479~~360.8488 1101/01/~~2003~~2004 310901149 N/A 06/01/2013 N 3,~~568~~552,~~344~~291.3104 3,~~560~~544,~~614~~483.8373 1101/01/~~2003~~2004 610901196 N/A 08/01/2013 N 3,~~517~~509,~~119~~170.0220 3,~~513~~505,~~400~~416.1360 1101/01/~~2003~~2004 850201158 N/A 06/01/2013 N 3,~~511~~504,~~094~~042.4653 3,~~507~~500,~~853~~766.1573 1101/01/~~2003~~2004 600872643 N/A 09/01/2013 N 3,~~495~~487,~~794~~818.5763 3,~~492~~484,~~057~~046.1587 1101/01/~~2003~~2004 600872644 N/A 08/01/2013 N 3,~~492~~485,~~624~~181.2752 3,~~489~~481,~~170~~693.1208 1101/01/~~2003~~2004 410901193 N/A 07/01/2013 N 3,~~489~~482,~~718~~601.4014 3,~~486~~479,~~437~~286.8539 1101/01/~~2003~~2004 850201127 N/A 05/01/2010 N 3,480,000.00 3,480,000.00 1101/01/~~2003~~2004 310901156 N/A 07/01/2013 N 3,400,000.00 3,400,000.00 1101/01/~~2003~~2004 410901151 N/A 07/01/2013 N 3,~~389~~381,~~031~~476.6825 3,~~385~~377,~~504~~915.43 1101/01/~~2003~~2004 310901161 N/A 07/01/2013 N 3,~~385~~371,~~269~~728.5080 3,~~378~~365,~~821~~205.7336 1101/01/~~2003~~2004 600872645 N/A 09/01/2023 N 3,~~323~~311,~~846~~999.9157 3,~~318~~306,~~210~~303.9209 1101/01/~~2003~~2004 850201216 N/A 09/01/2013 N 3,~~292~~278,~~622~~286.0756 3,~~285~~271,~~732~~326.5638 1101/01/~~2003~~2004 600872646 N/A 07/01/2013 N 3,~~225~~215,~~235~~123.9992 3,~~220~~210,~~427~~269.0501 1001/01/~~2003~~2004 410901097 N/A 06/01/2023 N 3,~~122~~109,~~893~~141.4028 3,~~116~~102,~~284~~464.8807 1101/01/~~2003~~2004 310901160 N/A 07/01/2013 N 3,~~082~~069,~~036~~709.8303 3,~~076~~063,~~166~~769.6292 1101/01/~~2003~~2004 600872647 N/A 06/01/2018 N 3,~~055~~032,~~372~~759.8237 3,~~044~~021,~~315~~598.4277 1101/01/~~2003~~2004 600872612 N/A 09/01/2010 N 2,~~996~~989,~~253~~114.1784 2,~~992~~985,~~890~~722.0528 1001/01/~~2003~~2004 600872613 N/A 07/01/2013 N 2,900,000.00 2,900,000.00 1001/01/~~2003~~2004 600872648 N/A 09/05/2013 N 2,~~895~~885,~~173~~868.6959 2,~~890~~881,~~733~~388.9732 1001/05/~~2003~~2004 850201144 N/A 06/01/2010 N 2,890,000.00 2,890,000.00 1012/01/2003 600872649 N/A 09/01/2013 N 2,~~116~~110,~~821~~757.2778 2,~~113~~107,~~965~~871.4290 1101/01/~~2003~~2004 600872650 N/A 09/01/2013 N ~~659~~657,~~076~~329.5644 ~~658~~656,~~261~~505.8641 1101/01/~~2003~~2004 410901213 N/A 08/01/2018 N 2,~~680~~661,~~740~~305.4590 2,~~671~~651,~~243~~719.5446 1101/01/~~2003~~2004 310900995 N/A 01/01/2013 N 2,~~666~~659,~~908~~500.8820 2,~~663~~655,~~444~~996.6819 1101/01/~~2003~~2004 600872614 N/A 05/01/2013 N 2,200,000.00 2,200,000.00 1001/01/~~2003~~2004 850201113 N/A 04/01/2010 N 2,190,000.00 2,190,000.00 1012/01/2003 600872651 N/A 08/01/2019 N 2,~~086~~072,~~128~~132.5341 2,~~079~~065,~~146~~087.1225 1101/01/~~2003~~2004 410901214 N/A 07/01/2018 N 2,~~077~~061,~~238~~889.0494 2,~~069~~054,~~581~~163.4438 1101/01/~~2003~~2004 410901153 N/A 07/01/2013 N 2,~~041~~035,~~194~~146.1131 2,~~038~~032,~~336~~259.2316 1101/01/~~2003~~2004 850201226 N/A 09/01/2013 N 2,000,000.00 2,000,000.00 1001/01/~~2003~~2004 410901082 N/A 09/01/2013 N 1,~~997~~991,~~028~~366.5837 1,~~994~~988,~~365~~674.0754 1101/01/~~2003~~2004 600872652 N/A 08/01/2013 N 1,~~995~~991,~~785~~532.3031 1,~~993~~989,~~811~~538.5092 1101/01/~~2003~~2004 600872653 N/A 08/01/2013 N 1,~~995~~991,~~785~~532.3031 1,~~993~~989,~~811~~538.5092 1101/01/~~2003~~2004 410901180 N/A 07/01/2013 N 1,~~991~~985,~~287~~308.7319 1,~~988~~982,~~457~~449.7164 1101/01/~~2003~~2004 410901199 N/A 08/01/2013 N 1,~~945~~940,~~379~~704.1598 1,~~943~~938,~~231~~530.60 10 01/01/~~2003~~2004 410901114 N/A 08/01/2013 N 1,~~894~~889,~~685~~317.3895 1,~~892~~886,~~161~~767.7629 1101/01/~~2003~~2004 600872654 N/A 08/01/2013 N 1,~~845~~841,~~544~~053.4527 1,~~843~~838,~~423~~914.7536 1101/01/~~2003~~2004 600872655 N/A 08/01/2013 N 1,~~795~~791,~~907~~781.9523 1,~~793~~789,~~973~~828.0862 1101/01/~~2003~~2004 410901218 N/A 08/01/2013 N 1,~~794~~789,~~656~~262.2558 1,~~792~~786,~~102~~683.3615 1101/01/~~2003~~2004 600872656 N/A 08/01/2023 N 1,~~791~~783,~~757~~440.3898 1,~~787~~779,~~739~~385.1501 1101/01/~~2003~~2004 600872615 N/A 05/01/2013 N 1,750,000.00 1,750,000.00 1001/01/~~2003~~2004 410901126 N/A 07/01/2013 N 1,~~694~~691,~~834~~264.3094 1,~~693~~689,~~181~~595.1813 1101/01/~~2003~~2004 410901178 N/A 08/01/2013 N 1,~~670~~665,~~394~~742.7391 1,~~668~~663,~~212~~536.2762 1101/01/~~2003~~2004 600872664 N/A 08/01/2013 N 1,~~595~~590,~~353~~662.2710 1,~~593~~588,~~137~~423.6372 1101/01/~~2003~~2004 600872657 N/A 09/01/2018 N 1,~~593~~582,~~958~~019.7981 1,~~588~~576,~~109~~120.4722 1101/01/~~2003~~2004 600872616 N/A 05/01/2013 N 1,575,000.00 1,575,000.00 1001/01/~~2003~~2004 410901237 N/A 09/01/2018 N 1,~~544~~532,~~273~~967.3299 1,~~538~~527,~~742~~387.9852 1101/01/~~2003~~2004 600872617 N/A 05/01/2013 N 1,500,000.00 1,500,000.00 1001/01/~~2003~~2004 410901201 N/A 08/01/2013 N 1,~~497~~494,~~318~~608.1755 1,~~496~~493,~~093~~369.3348 1101/01/~~2003~~2004 600872658 N/A 07/01/2018 N 1,~~484~~473,~~357~~728.7115 1,~~479~~468,~~170~~489.0339 1101/01/~~2003~~2004 410901203 N/A 07/01/2013 N 1,~~456~~452,~~414~~228.2419 1,~~454~~450,~~443~~236.3034 1101/01/~~2003~~2004 600872659 N/A 09/01/2013 N 1,~~396~~389,~~609~~982.6655 1,~~393~~386,~~400~~744.6173 1101/01/~~2003~~2004 410901200 N/A 08/01/2013 N 1,~~340~~331,~~835~~579.8075 1,~~336~~327,~~328~~025.7365 1101/01/~~2003~~2004 410901211 N/A 08/01/2013 N 1,~~332~~330,~~531~~038.5820 1,~~331~~328,~~397~~891.8267 1101/01/~~2003~~2004 600872618 N/A 05/01/2013 N 1,325,000.00 1,325,000.00 1001/01/~~2003~~2004 600872619 N/A 05/01/2013 N 1,300,000.00 1,300,000.00 1001/01/~~2003~~2004 410901202 N/A 07/01/2013 N 1,~~296~~293,~~241~~637.4841 1,~~295~~292,~~043~~427.9825 1101/01/~~2003~~2004 410901169 N/A 07/01/2013 N 1,~~244~~241,~~935~~447.8488 1,~~243~~239,~~298~~792.8097 1101/01/~~2003~~2004 410901205 N/A 07/01/2013 N 1,~~192~~186,~~066~~655.9105 1,~~189~~184,~~458~~020.0253 1101/01/~~2003~~2004 410901226 N/A 07/01/2013 N 1,~~145~~142,~~349~~145.3489 1,~~143~~140,~~846~~626.1627 1101/01/~~2003~~2004 410901172 N/A 07/01/2013 N 1,~~145~~142,~~349~~145.3489 1,~~143~~140,~~846~~626.1627 1101/01/~~2003~~2004 600872660 N/A 08/01/2013 N 1,~~097~~095,~~681~~342.9176 1,~~096~~094,~~596~~246.3239 1101/01/~~2003~~2004 410901219 N/A 08/01/2013 N 1,~~087~~084,~~239~~449.8253 1,~~085~~083,~~945~~139.0837 1101/01/~~2003~~2004 600872620 N/A 05/01/2013 N 1,050,000.00 1,050,000.00 1001/01/~~2003~~2004 850201244 N/A 02/01/2007 N 1,~~034~~032,~~585~~848.4667 1,~~033~~032,~~819~~072.8862 1001/01/~~2003~~2004 410901186 N/A 08/01/2013 N ~~998~~995,~~003~~987.0205 ~~997~~995,~~074~~049.8213 1101/01/~~2003~~2004 410901182 N/A 07/01/2023 N ~~993~~989,~~743~~465.8863 ~~991~~987,~~691~~391.5347 1101/01/~~2003~~2004 Totals 1,~~161~~158,~~122~~380,~~793~~630.3910 1,~~159~~157,~~810~~056,~~924~~480.56

Loan Appraisal Appraisal Res Mod Number 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 1$5,434,112.13 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

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

Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 01/13/2004 5.157808% 5.100324% 106 12/15/2003 5.157854% 5.100376% 107 11/13/2003 5.157926% 5.100454% 108 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Delinquency Loan Detail Offering # of Current Outstanding Status of Loan Number Document Months Paid Through P & I P & I Mortgage Cross Delinq. Date Advances Advances** Loan(1) Reference 850201245 54 0 12/01/2003 63,644.26 63,644.26 B 850201206 75 0 12/01/2003 19,401.25 19,401.25 A 600872636 76 2 10/01/2003 34,649.12 104,259.26 2 850201144 119 0 12/01/2003 10,500.33 10,500.33 A 850201113 125 0 12/01/2003 8,340.25 8,340.25 A Totals 5 136,535.21 206,145.35

Resolution Actual Outstanding Bankruptcy Loan Number Strategy Servicing Foreclosure Principal Servicing Date REO Code(2) Transfer Date Date Balance Advances Date 850201245 8,894,892.73 0.00 850201206 5,478,000.00 0.00 600872636 5,447,952.65 0.00 850201144 2,890,000.00 0.00 850201113 2,190,000.00 0.00 Totals 24,900,845.38 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances Totals by Deliquency Code: Total for Status Code = 2 (1 loan) 34,649.12 104,259.26 5,447,952.65 0.00 Total for Status Code = A (3 loans) 38,241.83 38,241.83 10,558,000.00 0.00 Total for Status Code = B (1 loan) 63,644.26 63,644.26 8,894,892.73 0.00

(1) Status of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2- Two Months Delinquent 3- Three Or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (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 ** Outstanding P & I Advances include the current period advance. 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 this Period Liquidated Loan Detail No Liquidated Loans this Period

Filing Compare · BEAR STEARNS COMMERCIAL MORT SEC TRU 2003-TOP12