8-K 1 wac03c03_may.txt MAY 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 17, 2004 (Date of earliest event reported) Commission File No.: 333-83930-03 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C3 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 91-2063264 54-6528880 54-2090865 54-2090866 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 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 May 17, 2004, a distribution was made to holders of Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-C3. 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-C3, relating to the May 17, 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. Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C3 By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: May 17, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-C3, relating to the May 17, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: May 17, 2004 Record Date: April 30, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Other Required Information 4 Reconciliation Detail 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 Wachovia Commercial Mortgage Securities, Inc. 301 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Lennar Partners, Inc. 760 N.W. 107th Avenue Miami, FL 33172 Contact: Steve Bruha Phone Number: (305) 229-6614 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, 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, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2004, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 929766CT8 4.037000% 259,086,000.00 ~~247~~246,~~805~~994,~~753~~426.2510 ~~811~~942,~~327~~146.15 ~~833~~830,~~659~~930.8542 A-2 929766CU5 4.867000% 477,837,000.00 477,837,000.00 0.00 1,938,027.23 B 929766CV3 4.973000% 36,319,000.00 36,319,000.00 0.00 150,511.99 C 929766CW1 5.033000% 12,888,000.00 12,888,000.00 0.00 54,054.42 D 929766CX9 5.072000% 25,775,000.00 25,775,000.00 0.00 108,942.33 E 929766CY7 5.141000% 12,887,000.00 12,887,000.00 0.00 55,210.06 F 929766DD2 5.605000% 10,544,000.00 10,544,000.00 0.00 49,249.27 G 929766DF7 5.704000% 12,888,000.00 12,888,000.00 0.00 61,260.96 H 929766DH3 65.~~095449~~896719% 12,887,000.00 12,887,000.00 0.00 6563,~~460~~325.0485 J 929766DK6 4.982000% 22,260,000.00 22,260,000.00 0.00 92,416.10 K 929766DM2 4.982000% 9,373,000.00 9,373,000.00 0.00 38,913.57 L 929766DP5 4.982000% 7,029,000.00 7,029,000.00 0.00 29,182.0706 M 929766DR1 4.982000% 2,343,000.00 2,343,000.00 0.00 9,727.35 N 929766DT7 4.982000% 7,030,000.00 7,030,000.00 0.00 29,186.22 O 929766DV2 4.982000% 4,686,000.00 4,686,000.00 0.00 19,454.71 P 929766DX8 4.982000% 23,432,149.00 23,432,149.00 0.00 97,~~223~~282.9147 Z-I NA 0.000000% 0.00 0.00 0.00 0.00 Z-II NA 0.000000% 0.00 0.00 0.00 0.00 Z-III NA 0.000000% 0.00 0.00 0.00 0.00 R-I NA 0.000000% 0.00 0.00 0.00 0.00 R-II NA 0.000000% 0.00 0.00 0.00 0.00 Totals 937,264,149.00 925,~~983~~172,~~902~~575.2510 ~~811~~942,~~327~~146.15 3,~~632~~627,~~480~~675.0801

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 929766CT8 0.00 0.00 1,~~644~~773,~~987~~076.0057 246,~~994~~052,~~426~~279.1095 21.6568% A-2 929766CU5 0.00 0.00 1,938,027.23 477,837,000.00 21.6568% B 929766CV3 0.00 0.00 150,511.99 36,319,000.00 17.7375% C 929766CW1 0.00 0.00 54,054.42 12,888,000.00 16.3435% D 929766CX9 0.00 0.00 108,942.33 25,775,000.00 13.5556% E 929766CY7 0.00 0.00 55,210.06 12,887,000.00 12.1617% F 929766DD2 0.00 0.00 49,249.27 10,544,000.00 11.0203% G 929766DF7 0.00 0.00 61,260.96 12,888,000.00 9.6263% H 929766DH3 0.00 0.00 6563,~~460~~325.0485 12,887,000.00 8.2324% J 929766DK6 0.00 0.00 92,416.10 22,260,000.00 5.83% K 929766DM2 0.00 0.00 38,913.57 9,373,000.00 4.8182% L 929766DP5 0.00 0.00 29,182.0706 7,029,000.00 4.0506% M 929766DR1 0.00 0.00 9,727.35 2,343,000.00 3.80% N 929766DT7 0.00 0.00 29,186.22 7,030,000.00 3.04% O 929766DV2 0.00 0.00 19,454.71 4,686,000.00 2.5354% P 929766DX8 0.00 0.00 97,~~223~~282.9147 23,432,149.00 0.00% Z-I NA 0.00 0.00 0.00 0.00 0.00% Z-II NA 0.00 0.00 0.00 0.00 0.00% Z-III NA 0.00 0.00 0.00 0.00 0.00% R-I NA 0.00 0.00 0.00 0.00 0.00% R-II NA 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 4,~~443~~569,~~807~~821.2316 ~~925~~924,~~172~~230,~~575~~428.1095

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 929766CZ4 0.~~168982~~150483% 937,264,149.00 925,~~983~~172,~~902~~575.2510 ~~130~~116,~~395~~018.2269 IO-II 929766DB6 1.~~387376~~191670% 890,430,000.00 846,970,000.00 ~~979~~841,~~221~~090.8468

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 929766CZ4 0.00 ~~130~~116,~~395~~018.2269 ~~925~~924,~~172~~230,~~575~~428.1095 IO-II 929766DB6 0.00 ~~979~~841,~~221~~090.8468 846,970,000.00 (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 Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending Balance Distribution Distribution Penalties Additional Balance Trust Fund Expenses A-1 929766CT8 ~~956~~953.~~46138058~~32988313 3.~~13149746~~63642246 3.~~21769548~~20716063 0.00000000 0.00000000 ~~953~~949.~~32988313~~69346067 A-2 929766CU5 1,000.00000000 0.00000000 4.05583333 0.00000000 0.00000000 1,000.00000000 B 929766CV3 1,000.00000000 0.00000000 4.14416669 0.00000000 0.00000000 1,000.00000000 C 929766CW1 1,000.00000000 0.00000000 4.19416667 0.00000000 0.00000000 1,000.00000000 D 929766CX9 1,000.00000000 0.00000000 4.22666654 0.00000000 0.00000000 1,000.00000000 E 929766CY7 1,000.00000000 0.00000000 4.28416699 0.00000000 0.00000000 1,000.00000000 F 929766DD2 1,000.00000000 0.00000000 4.67083365 0.00000000 0.00000000 1,000.00000000 G 929766DF7 1,000.00000000 0.00000000 4.75333333 0.00000000 0.00000000 1,000.00000000 H 929766DH3 1,000.00000000 0.00000000 54.~~07954062~~91393265 0.00000000 0.00000000 1,000.00000000 J 929766DK6 1,000.00000000 0.00000000 4.15166667 0.00000000 0.00000000 1,000.00000000 K 929766DM2 1,000.00000000 0.00000000 4.15166649 0.00000000 0.00000000 1,000.00000000 L 929766DP5 1,000.00000000 0.00000000 4.~~15166738~~15166596 0.00000000 0.00000000 1,000.00000000 M 929766DR1 1,000.00000000 0.00000000 4.15166453 0.00000000 0.00000000 1,000.00000000 N 929766DT7 1,000.00000000 0.00000000 4.15166714 0.00000000 0.00000000 1,000.00000000 O 929766DV2 1,000.00000000 0.00000000 4.15166667 0.00000000 0.00000000 1,000.00000000 P 929766DX8 1,000.00000000 0.00000000 4.~~14916745~~15166658 0.00000000 0.00000000 1,000.00000000 Z-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-III NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO-I 929766CZ4 987.~~96470903~~09907563 0.~~13912323~~12378441 0.00000000 ~~987~~986.~~09907563~~09386685 IO-II 929766DB6 951.19212066 10.~~09971793~~94458933 0.00000000 951.19212066

Reconciliation Detail Advance Summary P & I Advances Outstanding 242,~~686,486~~715.2482 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00

Servicing Fee Summary Current Period Accrued Servicing Fees 36,~~138~~106.8435 Less Delinquent Servicing Fees ~~17,318~~229.1374 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 1617,~~397~~318.8013 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3553,~~218~~194.5174

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 ~~833~~830,~~659~~930.8542 0.00 0.00 ~~833~~830,~~659~~930.8542 0.00 A-2 1,938,027.23 0.00 0.00 1,938,027.23 0.00 IO-I ~~130~~116,~~395~~018.2269 0.00 0.00 ~~130~~116,~~395~~018.2269 0.00 IO-II ~~979~~841,~~221~~090.8474 0.00 0.00 ~~979~~841,~~221~~090.8474 0.00 B 150,511.99 0.00 0.00 150,511.99 0.00 C 54,054.42 0.00 0.00 54,054.42 0.00 D 108,942.33 0.00 0.00 108,942.33 0.00 E 55,210.06 0.00 0.00 55,210.06 0.00 F 49,249.27 0.00 0.00 49,249.27 0.00 G 61,260.96 0.00 0.00 61,260.96 0.00 H 6563,~~460~~325.0485 0.00 0.00 6563,~~460~~325.0485 0.00 J 92,416.10 0.00 0.00 92,416.10 0.00 K 38,913.57 0.00 0.00 38,913.57 0.00 L 29,182.07 0.00 0.00 29,182.07 0.00 M 9,727.35 0.00 0.00 9,727.35 0.00 N 29,186.22 0.00 0.00 29,186.22 0.00 O 19,454.71 0.00 0.00 19,454.71 0.00 P 97,282.47 0.00 0.00 97,282.47 0.00 Total 4,~~742~~584,~~155~~784.7045 0.00 0.00 4,~~742~~584,~~155~~784.7045 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 ~~833~~830,~~659~~930.8542 0.00 A-2 0.00 1,938,027.23 0.00 IO-I 0.00 ~~130~~116,~~395~~018.2269 0.00 IO-II 0.00 ~~979~~841,~~221~~090.8468 0.00 B 0.00 150,511.99 0.00 C 0.00 54,054.42 0.00 D 0.00 108,942.33 0.00 E 0.00 55,210.06 0.00 F 0.00 49,249.27 0.00 G 0.00 61,260.96 0.00 H 0.00 6563,~~460~~325.0485 0.00 J 0.00 92,416.10 0.00 K 0.00 38,913.57 0.00 L 0.00 29,182.0706 0.00 M 0.00 9,727.35 0.00 N 0.00 29,186.22 0.00 O 0.00 19,454.71 0.00 P 580.9000 97,~~223~~282.9147 174.3337 Total 580.9000 4,~~742~~584,~~097~~784.1438 174.3337

Other Required Information Available Distribution Amount (1) 5,~~553~~526,~~424~~930.2953 Aggregate Number of Outstanding Loans 130 Aggregate Stated Principal Balance of Loans Before Distribution 925,~~983~~172,~~902~~575.7358 Aggregate Stated Principal Balance of Loans After Distribution ~~925~~924,~~172~~230,~~575~~429.5843 Aggregate Unpaid Principal Balance of Loans ~~925~~924,~~607~~237,~~173~~683.3714 Aggregate Amount of Servicing Fee 3553,~~218~~194.5174 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 2,~~006~~004.3054 Aggregate Trust Fund Expenses 580.5600 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 4,622,895.27 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 4,622,895.27 Principal: Scheduled Principal 942,146.15 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 942,146.15 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 5,565,041.42 Total Funds Distributed Fees: Master Servicing Fee 36,106.35 Trustee Fee 2,004.54 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 38,110.89 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 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 4,584,784.38 Principal Distribution 942,146.15 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 5,526,930.53 Total Funds Distributed 5,565,041.42

Current Mortgage Loan and Property Stratification Tables Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. Below 2,000,000 10 14,~~802~~779,~~155~~278.6377 1.60 ~~111~~110 6.3954 1.~~755717~~701285 2,000,001 to 3,000,000 28 71,~~513~~424,~~984~~722.2786 7.73 ~~104~~103 6.~~3061~~3060 1.~~582811~~532838 3,000,001 to 4,000,000 21 72,~~262~~174,~~841~~385.1570 7.81 ~~103~~102 6.1749 1.~~628639~~618051 4,000,001 to 5,000,000 11 49,~~686~~615,~~530~~583.7652 5.37 9493 6.~~3222~~3223 1.~~461061~~443606 5,000,001 to 6,000,000 89 4349,~~611~~562,~~116~~293.6647 45.7136 ~~104~~103 65.~~0160~~9813 1.~~465421~~452628 6,000,001 to 7,000,000 98 5751,~~156~~089,~~639~~240.5749 65.1853 ~~104~~103 6.~~1119~~1567 1.~~690906~~762903 7,000,001 to 8,000,000 7 52,~~318~~267,~~891~~460.3252 5.66 ~~104~~103 5.7668 1.~~454226~~480643 8,000,001 to 9,000,000 4 34,~~435~~406,~~545~~214.3875 3.72 8785 5.6634 1.~~548717~~596328 9,000,001 to 10,000,000 56 4757,~~908~~845,~~605~~296.4759 56.1826 9383 5.~~8308~~8462 1.~~318462~~387811 10,000,001 to 15,000,000 1312 ~~147~~137,~~765~~618,~~712~~654.0338 1514.9789 9194 5.~~8413~~8355 1.~~506654~~474266 15,000,001 to 20,000,000 7 121,~~935~~785,~~715~~461.6512 13.18 9897 6.~~2498~~2499 1.~~430550~~439177 20,000,001 to 25,000,000 3 70,~~119~~093,~~940~~501.5493 7.58 9493 5.~~5284~~5283 1.~~483831~~484010 25,000,001 to 30,000,000 1 26,500,000.00 2.8687 ~~106~~105 6.3800 1.~~450000~~250000 30,000,001 to 35,000,000 1 30,~~942~~907,~~634~~931.4103 3.34 ~~102~~101 5.9000 1.~~250000~~110000 35,000,001 to 40,000,000 1 36,000,000.00 3.8990 ~~105~~104 5.4200 1.~~690000~~780000 40,000,001 and greater 1 48,~~212~~160,~~262~~404.7430 5.21 ~~103~~102 6.1000 1.~~330000~~410000 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 6,~~976~~967,~~832~~018.0590 0.75 ~~105~~104 6.8000 1.~~896870~~804444 Arizona 3 20,~~156~~134,~~414~~284.7720 2.18 ~~105~~104 5.7999 1.~~439245~~403070 California 21 224,~~796~~586,~~661~~050.1354 24.30 9998 6.~~0100~~0098 1.~~476059~~497442 Florida 18 116,~~761~~651,~~948~~762.7623 12.62 8988 5.~~8996~~8995 1.~~474350~~498838 Georgia 12 87,~~909~~844,~~620~~187.4658 9.50 ~~105~~104 5.~~6445~~6443 1.~~607813~~640248 Idaho 1 2,~~897~~894,~~569~~959.0558 0.31 ~~101~~100 7.1100 0.710000 Illinois 4 47,~~342~~289,~~562~~929.9636 5.12 ~~103~~102 5.9234 1.~~166394~~074897 Indiana 1 12,~~171~~151,~~203~~397.8593 1.3231 ~~103~~102 5.9000 1.880000 Kentucky 1 17,~~880~~853,~~472~~012.8878 1.93 ~~104~~103 6.2500 1.350000 Louisiana 2 6,~~283~~275,~~287~~352.8226 0.68 8786 5.8001 1.~~565088~~595054 Maryland 12 63,~~998~~902,~~481~~429.3752 6.9291 ~~104~~103 6.~~0163~~0164 1.~~536031~~570070 Massachusetts 2 8,~~150~~139,~~304~~954.1452 0.88 ~~104~~103 5.9538 1.~~526204~~469904 Minnesota 2 6,~~335~~327,~~188~~041.7423 0.68 ~~104~~103 6.3301 1.~~403429~~301843 Missouri 2 10,~~638~~626,~~345~~126.6533 1.15 9493 7.~~9595~~9596 2.~~106250~~106122 Nevada 4 34,~~152~~125,~~405~~276.3064 3.69 ~~104~~103 5.~~9587~~9584 1.~~563910~~561943 New Jersey 3 14,~~026~~010,~~235~~966.43 1.52 ~~104~~103 5.9909 1.~~356918~~356920 New Mexico 1 3,~~942~~937,~~214~~943.9297 0.43 ~~105~~104 6.0000 1.530000 New York 2 2,~~646~~642,~~316~~202.2806 0.29 6867 5.~~8549~~8543 21.~~324488~~747251 North Carolina 6 49,~~788~~750,~~547~~540.6043 5.38 ~~105~~104 6.~~1747~~1748 1.~~326861~~330611 Ohio 2 4,~~702~~696,~~726~~566.6484 0.51 ~~102~~101 7.4000 1.838854 Oklahoma 3 7,~~215~~203,~~919~~219.7972 0.78 ~~118~~117 5.~~9581~~9580 1.~~632885~~489552 Oregon 1 3,~~126~~121,~~141~~102.4228 0.34 ~~104~~103 5.9200 1.460000 Pennsylvania 2 23,~~898~~867,~~564~~947.6856 2.58 7776 5.~~7143~~7144 1.~~847070~~847054 South Carolina 1 7,~~052~~044,~~992~~482.0576 0.76 ~~105~~104 5.4100 1.530293 Tennessee 2 7,~~505~~497,~~390~~676.5988 0.81 ~~103~~102 6.3353 1.~~422350~~422351 Texas 7 41,~~606~~557,~~808~~658.9458 4.50 7675 5.9108 1.~~653824~~583511 Utah 2 17,~~618~~597,~~410~~835.6476 1.90 ~~105~~104 5.5900 1.~~391955~~372346 Virginia 4 19,~~072~~051,~~946~~681.1401 2.06 ~~105~~104 5.8506 1.~~529969~~523611 Washington 7 56,~~518~~481,~~061~~821.4951 6.11 ~~104~~103 6.~~3521~~3520 1.~~384529~~290332 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.19 or less 1012 ~~114~~151,~~764~~922,~~484~~744.3750 1216.4044 ~~100~~99 5.~~9802~~9648 1.~~036094~~058871 1.20 to 1.24 21 93,~~800~~421,~~248~~577.2957 10.0637 103 6.~~1748~~5000 1.~~216504~~210000 1.25 to 1.29 76 5846,~~183~~037,~~370~~558.4069 64.2998 ~~101~~102 6.~~2233~~4844 1.~~256465~~254830 1.30 to 1.34 1312 ~~122~~75,~~780~~784,~~348~~500.3864 138.2720 105 65.~~0084~~9718 1.~~328190~~323038 1.35 to 1.39 9 7357,~~860~~631,~~291~~324.1758 76.24 98 ~~100~~ 6.~~1722~~1319 1.~~357825~~361248 1.40 to 1.44 912 48121,~~703~~645,~~041~~122.0620 513.2616 ~~102~~103 6.~~0526~~0513 1.~~423571~~414713 1.45 to 1.49 12 9987,~~771~~416,~~278~~417.1060 109.7846 ~~100~~97 6.~~2443~~2285 1.~~463158~~462730 1.50 to 1.54 9 52,~~304~~058,~~608~~205.5989 5.6563 9291 5.~~8475~~8544 1.~~526899~~527935 1.55 to 1.59 911 4650,~~940~~852,~~180~~927.8828 5.0750 103 5.~~9146~~9383 1.~~578557~~574350 1.60 to 1.64 12 5251,~~368~~744,~~853~~949.1587 5.6660 9389 65.~~0580~~9996 1.~~623896~~621684 1.65 to 1.69 53 5215,~~536~~941,~~750~~488.1681 51.6872 ~~105~~104 56.~~6051~~0811 1.~~685188~~683202 1.70 to 1.74 43 2813,~~394~~921,~~882~~469.0201 31.0751 8351 5.~~8276~~8332 1.~~708366~~720151 1.75 to 1.79 5 3157,~~927~~503,~~817~~761.2964 36.4522 85104 5.~~6874~~5810 1.~~779140~~777717 1.80 to 1.84 45 2116,~~299~~477,~~847~~795.7578 21.3078 80104 6.~~2421~~8980 1.~~827667~~814359 1.85 to 1.89 65 36,~~105~~297,~~766~~206.3189 3.9093 ~~104~~87 65.~~0019~~5998 1.~~874674~~870152 1.90 to 1.94 4 29,~~078~~041,~~010~~850.6162 3.14 8382 5.7636 1.~~923681~~923680 1.95 to 1.99 0 0.00 0.00 0 0.0000 0.000000 2.00 to 2.09 4 714,~~033~~506,~~953~~690.9901 01.7657 ~~109~~68 65.~~1345~~6459 2.~~009268~~025410 2.10 to 2.24 12 2531,~~000~~855,~~000~~635.0086 23.7045 ~~105~~104 5.~~1200~~4493 2.~~210000~~190631 2.25 to 2.49 31 51,~~850~~712,~~209~~290.2003 0.6319 82101 67.~~3095~~4000 2.~~353955~~290000 2.50 or greater 2 8,~~468~~456,~~633~~911.8696 0.92 ~~102~~101 7.0367 2.~~906144~~906080 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 8 41,~~657~~609,~~353~~437.0536 4.50 7877 5.9359 1.~~490880~~489231 Lodging 11 58,~~183~~104,~~187~~328.4653 6.29 ~~103~~102 7.1233 1.~~789928~~812300 Mixed Use 3 45,~~767~~716,~~368~~574.0308 4.95 ~~103~~102 5.9292 1.~~297900~~203251 Mobile Home Park 6 27,~~198~~188,~~854~~331.9723 2.94 6362 5.~~5426~~5425 1.~~718501~~816277 Multi-Family 32 282,~~477~~266,~~786~~889.9518 30.5354 ~~101~~100 5.~~7949~~7950 1.~~466806~~435569 Office 19 128,~~492~~317,~~044~~636.8071 13.89 88 87 5.8365 1.~~495204~~471638 Retail 45 321,~~877~~535,~~371~~673.4568 34.79 ~~105~~104 6.~~0852~~0851 1.~~455932~~482441 Self Storage 6 19,~~518~~491,~~608~~558.8564 2.11 ~~105~~104 6.0483 1.~~961947~~893873 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.999% or less 0 0.00 0.00 0 0.0000 0.000000 5.000% to 5.249% 1 25,000,000.00 2.70 ~~105~~104 5.1200 2.210000 5.250% to 5.499% 10 105,~~908~~860,~~486~~373.4241 11.45 9493 5.3928 1.~~673170~~728125 5.500% to 5.749% 18 171,~~774~~576,~~268~~557.3827 18.5756 9493 5.6482 1.~~479851~~453621 5.750% to 5.999% 28 197,~~355~~132,~~814~~163.1464 21.33 9695 5.9008 1.~~389459~~368004 6.000% to 6.249% 39 ~~229~~228,~~200~~927,~~921~~587.6296 24.77 ~~103~~102 6.0732 1.~~466791~~470503 6.250% to 6.499% 11 74,~~464~~401,~~984~~002.4536 8.05 ~~107~~106 6.3099 1.~~421030~~339458 6.500% to 6.749% 6 45,~~394~~363,~~916~~909.0374 4.91 9695 6.5813 1.~~317622~~403071 6.750% to 6.999% 6 30,~~050~~007,~~180~~493.6222 3.25 ~~103~~102 6.8196 1.~~606198~~578702 7.000% to 7.249% 2 5,~~017~~009,~~154~~053.5365 0.54 ~~100~~99 7.1184 1.~~098670~~098290 7.250% to 7.499% 6 33,~~547~~502,~~614~~759.7808 3.6362 ~~103~~102 7.4007 1.~~767468~~765168 7.500% to 8.249% 1 2,~~281~~277,~~185~~695.3220 0.25 6564 8.2000 1.~~440000~~460000 8.250% to 8.749% 1 ~~955~~954,~~966~~564.1047 0.10 6564 8.5000 1.257022 8.750% or greater 1 4,~~221~~217,~~083~~269.1943 0.46 8180 8.8100 1.310000 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 126 ~~917~~916,~~232~~300,~~773~~877.3331 99.14 9998 5.9743 1.~~498842~~493324 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 1 4,~~221~~217,~~083~~269.1943 0.46 8180 8.8100 1.310000 49 months and greater 3 3,~~718~~712,~~719~~282.0669 0.40 7978 8.~~1800~~1802 1.~~469366~~460823 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of WAM WAC Weighted Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 months or less 8 60,~~644~~593,~~943~~579.4414 6.5556 4443 5.~~7684~~7682 1.~~682059~~705085 61 to 84 months 7 54,~~226~~184,~~216~~181.8306 5.86 6968 6.~~0537~~0536 1.~~488927~~494489 85 to 108 months 111 ~~801~~800,~~068~~253,~~291~~012.6815 86.59 ~~104~~103 6.0078 1.~~489192~~480794 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 168 months 0 0.00 0.00 0 0.0000 0.000000 169 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 126 915,~~939~~030,~~451~~772.9535 99.00 9897 5.~~9947~~9946 1.~~501946~~496458

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 192 months 3 7,~~079~~052,~~930~~648.8456 0.7776 ~~166~~165 6.~~0986~~0987 1.~~026637~~015783 193 to 264 months 1 2,~~153~~147,~~192~~008.7952 0.23 ~~201~~200 6.2800 1.310000 265 to 336 months 0 0.00 0.00 0 0.0000 0.000000 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 4 9,~~233~~199,~~123~~657.6308 1.00 ~~174~~173 6.~~1409~~1410 1.~~092718~~084447

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Interest Only 11 182,~~239~~223,~~973~~551.0989 19.7072 9493 5.6859 1.~~588825~~593161 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 192 months 0 0.00 0.00 0 0.0000 0.000000 193 to 264 months 4 20,~~623~~574,~~041~~731.2151 2.23 9897 6.~~2607~~2610 1.~~265982~~268210 265 to 336 months 29 169,~~674~~431,~~742~~006.9950 18.3433 9594 6.~~5080~~5081 1.~~660248~~658682 337 months or greater 82 ~~543~~542,~~401~~801,~~694~~482.6645 58.7473 ~~100~~99 5.9279 1.~~432335~~422008 Totals 126 915,~~939~~030,~~451~~772.9535 99.00 9897 5.~~9947~~9946 1.~~501946~~496458

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 2010 ~~142~~47,~~577~~284,~~391~~401.1048 155.4112 95100 65.~~0688~~9556 1.~~529821~~457214 1 year or less ~~110~~120 ~~782~~876,~~595~~946,~~184~~027.4895 8494.5988 9997 5.~~9829~~9983 1.~~492039~~494252 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 130 ~~925~~924,~~172~~230,~~575~~429.5843 100.00 9998 5.~~9962~~9961 1.~~497862~~492357 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (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 the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 502737617 1 RT Chino CA ~~253~~245,~~476~~079.5900 4351,~~460~~858.8544 6.100% 502753516 2 RT McDonough GA ~~168~~162,~~020~~600.00 0.00 5.420% 502746711 3 MU Highland Park IL ~~157~~152,~~355~~134.5662 2934,~~482~~703.4438 5.900% 502754321 4 MF Liberty Lake WA ~~145~~140,~~588~~891.0667 0.00 6.380% 502755016 5 MF Stockton CA ~~110~~106,~~222~~666.2267 0.00 5.120% 502745113 6 MF Tampa FL ~~119~~115,~~098~~147.7321 2226,~~487~~438.0961 5.850% 502753714 7 MF San Diego CA ~~104~~101,~~603~~229.4717 0.00 5.650% 502742421 8 LO La Jolla CA ~~122~~118,~~811~~719.2836 2125,~~124~~216.7567 7.400% 502743311 9 MF Cary NC ~~107~~104,~~983~~500.3300 0.00 6.600% 410100012 10 RT Elizabethtown KY 9693,~~362~~127.0946 2427,~~225~~460.4710 6.250% 582000011 11 OF Scranton PA 8481,~~665~~837.5625 2023,~~784~~612.3970 5.610% 502760002 12 RT Las Vegas NV 9289,~~322~~266.2065 1418,~~982~~037.3691 6.200% 310100022 13 RT Poway CA 7774,~~539~~964.5688 1518,~~425~~000.9361 5.710% 310100033 14 OF Rockville MD 7572,~~237~~642.2916 3537,~~331~~926.4154 5.710% 502744001 15 MF Scottsdale AZ 6865,~~172~~908.2021 1416,~~157~~421.2120 5.500% 310100001 16 MF Hammond IN 6159,~~926~~841.5175 1719,~~721~~805.1692 5.900% 682000017 17 IN Fort Myers FL 6462,~~377~~245.4755 1012,~~846~~977.0092 6.110% 582000018 18 RT Puyallup WA 6967,~~681~~350.6907 1417,~~684~~015.2587 6.850% 502750923 19 MF San Antonio TX 5655,~~997~~103.6697 1113,~~693~~587.4009 5.650% 582000020 20 MF Riverton UT 5553,~~489~~645.14 11 13,~~604~~448.3538 5.590% 502743019 21 RT Emeryville CA 5856,~~873~~921.0532 1012,~~520~~472.8053 6.000% 682000022 22 OF Burbank CA 5755,~~019~~102.8249 1517,~~648~~565.1548 5.980% 502755612 23 MF Las Vegas NV 5048,~~202~~583.7833 0.00 5.300% 310100041 24 MH Fort Lauderdale FL 4746,~~912~~366.2267 0.00 5.350% 502751708 25 MF Gulf Breeze FL 5048,~~373~~701.1528 911,~~710~~382.3623 5.800% 682000026 26 MU Annapolis MD 5150,~~897~~177.92 910,~~190~~910.67 5.990% 310100007 27 OF Houston TX 5149,~~032~~340.9959 911,~~359~~052.7616 5.920% 310100034 28 RT Corona CA 4746,~~944~~351.3673 911,~~779~~371.2285 5.650% 582000029 29 RT Orting WA 5049,~~834~~149.3229 910,~~056~~741.4649 5.990% 310100030 30 OF Fairfax VA 4846,~~365~~759.3034 911,~~621~~227.9288 5.710% 502742510 31 IN El Paso TX 4846,~~500~~892.0418 810,~~667~~274.1096 6.000% 310100021 32 OF Aurora IL 4543,~~132~~635.8929 810,~~613~~110.3090 5.810% 502751009 33 OF San Diego CA 4543,~~064~~571.8719 79,~~995~~489.3503 6.000% 582000034 34 OF Durham NC 4342,~~772~~320.9290 89,~~162~~614.5759 5.880% 310100024 35 MF Decatur GA 3938,~~603~~285.5581 810,~~909~~227.2701 5.415% 310100040 36 MH Fort Lauderdale FL 3938,~~619~~341.7267 0.00 5.350% 310100032 37 OF Silver Spirng MD 3837,~~769~~482.7844 79,~~712~~000.9630 5.710% 310100025 38 MF College Park GA 3534,~~870~~676.4896 89,~~069~~263.4800 5.415% 502750015 39 RT Bermuda Run NC 3938,~~779~~460.3080 78,~~057~~376.5909 6.000% 582000040 40 RT Hayward CA 4341,~~014~~593.9027 67,~~286~~708.4104 6.500% 310100027 41 MF Jonesboro GA 3332,~~202~~097.7094 78,~~469~~574.3208 5.415% 502752321 42 RT San Clemente CA 3635,~~495~~317.0983 0.00 5.870% 682000043 43 MF Sumter SC 3231,~~891~~797.6924 78,~~414~~509.8429 5.410% 502758020 44 LO Salisbury MD 3938,~~363~~046.6138 89,~~559~~876.0932 6.650% 502732004 45 RT Fuquay - Varina NC 3332,~~322~~217.4762 67,~~035~~140.9580 5.950% 502742430 46 LO St. Louis MO 4039,~~937~~573.0912 78,~~041~~405.5956 7.400% 502744604 47 RT Lakeland FL 3332,~~970~~846.9931 56,~~628~~753.8452 6.150% 502745010 48 RT Lebanon PA 3331,~~062~~966.4336 57,~~908~~004.3542 6.000% 502747902 49 RT Covington GA 3231,~~960~~868.7000 56,~~890~~982.1787 6.000% 582000050 50 MF Logan UT 2928,~~404~~427.5032 67,~~149~~126.3250 5.590% 310100028 51 MF Decatur GA 2827,~~431~~485.9088 67,~~396~~342.0911 5.415% 502752705 52 RT North Port FL 2928,~~667~~682.2731 56,~~853~~838.2117 5.730% 310100031 53 OF Gaithersburg MD 2827,~~805~~849.9545 56,~~730~~687.7323 5.710% 502748510 54 MF Greenville NC 2827,~~363~~421.5546 56,~~749~~691.3342 5.665% 502748213 55 RT Edison NJ 2928,~~579~~599.3324 56,~~140~~120.1625 6.050% 502754316 56 MF Hoboken NJ 2827,~~105~~173.9597 56,~~145~~077.5452 5.910% 502745411 57 MF Victorville CA 2928,~~172~~207.6438 45,~~656~~621.0430 6.240% 582000058 58 RT Goleta CA 24,~~802~~706.2586 19,~~078~~173.3170 6.000% 310100008 59 OF North Adams MA 2625,~~421~~538.6095 6,~~058~~940.1176 6.010% 502739621 60 RT Clarksville TN 2827,~~136~~206.8231 45,~~304~~234.4192 6.375% 502744614 61 RT Bakersfield CA 2726,~~550~~638.6869 45,~~466~~378.6160 6.250% 582000062 62 SS Reno NV 2524,~~831~~964.9504 67,~~821~~689.2112 6.090% 682000063 63 MU Baltimore MD 2423,~~638~~822.7921 45,~~363~~179.3290 5.990% 502749325 64 IN Orlando FL 22,~~998~~235.7022 45,~~488~~252.9745 5.770% 582000065 65 MF Largo FL 25,~~872~~016.1377 34,~~835~~690.0743 6.500% 310100036 66 LO Lakeland FL 2625,~~060~~189.3621 56,~~381~~252.1126 6.800% 502748502 67 IN Orlando FL 2120,~~242~~536.9982 45,~~505~~211.5067 5.570% 502748709 68 IN San Diego CA 2221,~~150~~416.5335 34,~~929~~664.9210 6.000% 502744302 69 RT Anaheim CA 22,~~908~~150.5145 34,~~663~~421.5460 6.250% 582000070 70 RT Independence MO 3230,~~043~~989.7279 23,~~759~~813.8376 8.810% 582000071 71 RT Riverside CA 2120,~~457~~746.6519 34,~~886~~598.7925 5.950% 502754319 72 MF Albuquerque NM 2019,~~386~~711.6907 34,~~595~~270.3395 6.000% 502753401 73 SS Lake Mary FL 2019,~~386~~711.6907 34,~~595~~270.3395 6.000% 502751306 74 RT Franklin Park IL 2019,~~622~~939.7947 34,~~565~~248.3567 6.080% 310100037 75 LO Montgomery AL 2221,~~723~~964.7110 45,~~692~~451.1475 6.800% 502743602 76 RT Tucson AZ 21,~~972~~247.6547 23,~~935~~660.0826 6.700% 310100039 77 LO Tallahassee FL 2120,~~630~~907.6760 45,~~466~~189.4451 6.800% 502745007 78 MF Norfolk VA 18,~~840~~216.6820 3,~~342~~967.6917 6.000% 502753403 79 SS Altamonte Springs FL 1817,~~093~~493.1858 3,~~190~~790.8646 6.000% 310100026 80 MF College Park GA 1615,~~254~~713.6783 34,~~656~~197.6852 5.415% 502751502 81 RT Des Plaines IL 1817,~~594~~979.6745 23,~~955~~570.4365 6.250% 310100006 82 MF Minneapolis MN 1918,~~204~~561.5001 45,~~427~~071.7524 6.500% 682000083 83 RT Ontario CA 1817,~~105~~505.4764 3,~~104~~704.3518 6.100% 502751771 84 RT Virginia Beach VA 1615,~~436~~892.7705 23,~~898~~443.7345 6.000% 502747407 85 RT Wichita Falls TX 16,~~670~~110.6649 4,~~372~~932.0926 6.150% 310100038 86 LO Savannah GA 1817,~~409~~793.0870 34,~~801~~416.2361 6.800% 410100011 87 IN Harahan LA 1514,~~423~~907.5930 34,~~948~~465.8211 5.700% 310100009 88 MH Eugene OR 15,~~959~~422.3330 45,~~502~~039.1114 5.920% 582000089 89 RT Shreveport LA 15,~~992~~462.8247 23,~~940~~470.1045 5.900% 310100035 90 LO Huntsville AL 1817,~~178~~571.9728 34,~~753~~361.7140 6.800% 582000091 91 IN Altamonte Springs FL 1514,~~347~~837.1868 3,~~015~~524.3686 5.740% 582000092 92 RT Weymouth MA 1514,~~410~~899.3711 23,~~897~~408.6086 5.860% 502742420 93 LO Miamisburg OH 1918,~~062~~427.3118 3,~~278~~914.9104 7.400% 682000094 94 OF Lutherville MD 1514,~~314~~807.9741 23,~~712~~219.1571 5.990% 310100013 95 OF Monterey CA 1615,~~080~~548.5664 23,~~508~~040.1810 6.310% 582000096 96 RT Bartlesville OK 14,~~741~~251.0873 23,~~861~~350.5287 5.800% 310100018 97 OF Nassau Bay TX 1514,~~457~~945.5965 23,~~609~~121.2115 6.120% 582000098 98 MF St. Cloud MN 1514,~~366~~857.6079 23,~~567~~076.4627 6.130% 582000099 99 MF Chubbuck ID 17,~~752~~168.7610 2,~~024~~609.8147 7.110% 502740410 100 SS Santa Clarita CA 1514,~~168~~658.5791 34,~~964~~474.3602 6.160% 582000101 101 RT Kennesaw GA 14,~~780~~290.3553 23,~~606~~096.6244 6.000% 502750208 102 RT Toms River NJ 14,~~739~~251.8741 23,~~582~~071.7723 6.030% 502742414 103 LO Atlanta GA 1716,~~187~~614.3367 23,~~956~~529.3905 7.400% 310100010 104 MF Irving TX 14,~~550~~062.7104 34,~~675~~163.2895 6.300% 502746701 105 RT Miami FL 13,~~672~~219.5832 2,~~443~~896.3460 6.000% 310100017 106 OF Tulsa OK 13,~~746~~290.0374 2,~~329~~785.9524 6.110% 502750309 107 MF Spokane WA 13,~~526~~090.3300 0.00 5.950% 682000108 108 OF Lutherville MD 12,~~720~~298.0851 2,~~252~~674.6118 5.990% 502746826 109 MF Virginia Beach VA 12,~~537~~122.8131 2,~~211~~626.1363 6.000% 502747320 110 RT Knoxville TN 12,~~842~~417.7072 2,~~053~~478.8179 6.250% 582000111 111 MF Spokane WA 11,~~716~~322.5638 3,~~295~~689.5169 5.910% 582000112 112 RT Phoenix MD 1615,~~128~~588.5310 23,~~949~~490.6912 8.200% 502744605 113 RT Largo FL 1211,~~119~~718.9280 12,~~966~~367.8799 6.200% 582000114 114 SS Everett WA 11,~~863~~464.1866 3,~~110~~509.8032 6.110% 502739403 115 RT Duluth GA 1312,~~044~~593.6187 5,~~040~~491.6741 7.130% 582000116 116 RT Wilson NC 11,~~675~~268.2338 56,~~777~~184.4227 6.280% 310100020 117 MH Lakeland FL 1110,~~212~~841.6810 12,~~977~~348.3290 6.000% 582000118 118 OF New Windsor NY 109,~~263~~921.0476 2,~~228~~569.3260 5.500% 682000119 119 OF Owings Mills MD 1110,~~047~~682.8619 12,~~800~~166.3603 6.190% 502751313 120 SS Landover Hills MD 10,~~437~~085.1791 23,~~965~~316.0834 5.900% 410100004 121 RT Mesa AZ 10,~~616~~265.5523 12,~~697~~049.7911 6.250% 502750605 122 RT Decatur GA 9,~~809~~482.1464 12,~~986~~312.2878 6.090% 310100003 123 MF Dallas TX 8,~~776~~485.9252 12,~~727~~018.3979 5.750% 310100002 124 MH Santa Maria CA 98,~~052~~752.7482 1,~~552~~852.1709 6.100% 582000125 125 RT Tulsa OK 8,~~593~~284.4496 6,~~255~~563.4896 6.000% 502742418 126 LO Columbus OH 10,~~937~~572.3997 12,~~881~~245.3476 7.400% 682000127 127 OF Owings Mills MD 7,~~632~~379.0511 1,~~351~~604.5751 5.990% 310100044 128 MH Spokane WA 65,~~105~~903.6428 1,~~081~~283.2561 5.990% 582000129 129 RT Las Vegas NV 76,~~005~~771.6943 1,~~167~~401.3763 8.500% 582000130 130 IN Commack NY 2,~~999~~989.2673 1,~~535~~544.0962 7.450% Totals 4,~~780~~622,~~300~~895.4827 ~~811~~942,~~327~~146.15

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 502737617 N/A 11/11/2012 N 48,~~255~~212,~~723~~262.5974 48,~~212~~160,~~262~~404.7430 0305/11/2004 502753516 N/A 01/11/2013 N 36,000,000.00 36,000,000.00 0405/11/2004 502746711 N/A 10/11/2012 N 30,~~972~~942,~~116~~634.8541 30,~~942~~907,~~634~~931.41 03 05/11/2004 502754321 N/A 02/11/2013 N 26,500,000.00 26,500,000.00 0405/11/2004 502755016 N/A 01/11/2013 N 25,000,000.00 25,000,000.00 0305/11/2004 502745113 N/A 12/11/2012 N 23,~~642~~619,~~427~~940.6354 23,~~619~~593,~~940~~501.5493 0305/11/2004 502753714 N/A 01/11/2010 N 21,500,000.00 21,500,000.00 0405/11/2004 502742421 N/A 10/11/2012 N 19,~~272~~251,~~912~~787.2752 19,~~251~~226,~~787~~570.5285 0305/11/2004 502743311 N/A 08/01/2012 N 19,000,000.00 19,000,000.00 0405/01/2004 410100012 N/A 12/11/2012 N 17,~~904~~880,~~698~~472.3588 17,~~880~~853,~~472~~012.8878 0305/11/2004 582000011 12/11/2009 12/11/2030 N 17,~~526~~505,~~077~~293.9859 17,~~505~~481,~~293~~680.5989 0405/11/2004 502760002 01/11/2013 01/11/2033 N 17,~~292~~277,~~398~~416.8347 17,~~277~~259,~~416~~378.4756 0305/11/2004 310100022 N/A 01/11/2013 N 15,~~769~~754,~~866~~440.8188 15,~~754~~736,440.8827 0405/11/2004 310100033 01/11/2013 01/11/2023 N 15,~~301~~266,~~635~~304.7231 15,~~266~~228,~~304~~377.3177 0305/11/2004 502744001 N/A 01/11/2013 N 14,~~394~~379,~~130~~973.3009 14,~~379~~363,~~973~~551.0989 0305/11/2004 310100001 N/A 11/11/2012 N 12,~~188~~171,~~925~~203.0185 12,~~171~~151,~~203~~397.8593 0405/11/2004 682000017 N/A 01/11/2013 N 12,~~235~~224,~~831~~985.73 12,~~224~~212,~~985~~007.7381 0405/11/2004 582000018 N/A 08/01/2012 N 11,~~813~~798,~~236~~552.7247 11,~~798~~781,~~552~~536.4760 0405/01/2004 502750923 N/A 12/11/2012 N 11,~~715~~703,~~191~~498.7737 11,~~703~~689,~~498~~911.3728 0405/11/2004 582000020 N/A 01/11/2013 N 11,~~527~~515,~~548~~944.7742 11,~~515~~502,~~944~~496.42 04 05/11/2004 502743019 11/11/2012 11/11/2032 N 11,~~394~~384,~~784~~263.3656 11,~~384~~371,~~263~~791.5603 0405/11/2004 682000022 N/A 01/01/2008 N 11,~~073~~057,~~004~~356.6550 11,~~057~~039,~~356~~791.5002 0405/01/2004 502755612 N/A 12/11/2012 N 11,000,000.00 11,000,000.00 0405/11/2004 310100041 N/A 01/11/2008 N 10,400,000.00 10,400,000.00 0405/11/2004 502751708 N/A 12/11/2012 N 10,~~085~~076,~~836~~126.7741 10,~~076~~064,~~126~~744.4118 0305/11/2004 682000026 N/A 01/01/2013 N 10,~~061~~052,~~527~~337.9427 10,~~052~~041,~~337~~426.2760 0405/01/2004 310100007 N/A 12/11/2007 N 10,~~010~~001,~~830~~470.1236 109,~~001~~990,~~470~~418.3620 0305/11/2004 310100034 N/A 01/11/2013 N 9,~~854~~844,~~393~~614.8967 9,~~844~~833,~~614~~242.6782 0405/11/2004 582000029 N/A 12/11/2012 N 9,~~855~~846,~~325~~268.4599 9,~~846~~835,~~268~~527.9950 0405/11/2004 310100030 01/11/2013 01/11/2033 N 9,~~836~~826,~~454~~832.4856 9,~~826~~815,~~832~~604.5668 0305/11/2004 502742510 N/A 11/11/2007 N 9,~~387~~378,~~103~~436.9181 9,~~378~~368,~~436~~161.8185 0405/11/2004 310100021 N/A 01/11/2013 N 9,~~021~~012,~~065~~452.7444 9,~~012~~002,~~452~~341.4454 0305/11/2004 502751009 N/A 12/11/2012 N 8,~~722~~714,~~232~~237.9156 8,~~714~~704,~~237~~748.5653 0305/11/2004 582000034 12/11/2011 12/11/2032 N 8,~~645~~636,~~080~~917.0043 8,~~636~~627,~~917~~302.4384 0405/11/2004 310100024 N/A 01/11/2013 N 8,~~493~~484,~~299~~390.6639 8,~~484~~474,~~390~~163.3938 0405/11/2004 310100040 N/A 01/11/2008 N 8,600,000.00 8,600,000.00 0405/11/2004 310100032 01/11/2013 01/11/2033 N 7,~~884~~877,~~933~~220.4953 7,~~877~~868,220.5323 0305/11/2004 310100025 N/A 01/11/2013 N 7,~~692~~684,~~713~~644.8537 7,~~684~~675,~~644~~381.37 0405/11/2004 502750015 N/A 12/11/2012 N 7,~~699~~692,~~218~~160.4283 7,~~692~~683,~~160~~784.8374 0305/11/2004 582000040 N/A 10/11/2012 N 7,~~685~~678,~~043~~757.7433 7,~~678~~671,~~757~~049.3329 0405/11/2004 310100027 N/A 01/11/2013 N 7,~~120~~113,~~585~~116.5321 7,~~113~~104,~~116~~542.2113 0405/11/2004 502752321 N/A 01/11/2013 N 7,220,000.00 7,220,000.00 0405/11/2004 682000043 N/A 01/11/2013 N 7,~~060~~052,~~406~~992.8905 7,~~052~~044,~~992~~482.0576 0305/11/2004 502758020 N/A 01/11/2013 N 6,~~874~~865,~~071~~512.2718 6,~~865~~855,~~512~~635.1886 0305/11/2004 502732004 N/A 12/01/2012 N 6,~~503~~497,~~707~~671.1015 6,~~497~~490,~~671~~530.1535 0405/01/2004 502742430 N/A 10/11/2012 N 6,~~424~~417,~~304~~262.0546 6,~~417~~408,~~262~~856.4690 0305/11/2004 502744604 N/A 01/11/2013 N 6,~~414~~409,~~664~~035.3652 6,~~409~~402,~~035~~282.5200 0305/11/2004 502745010 N/A 11/11/2012 N 6,~~399~~393,~~179~~271.4409 6,~~393~~386,~~271~~266.0967 0405/11/2004 502747902 N/A 11/11/2012 N 6,~~379~~373,~~489~~599.6548 6,~~373~~366,~~599~~616.4861 0305/11/2004 582000050 N/A 01/11/2013 N 6,~~108~~102,~~615~~466.5422 6,~~102~~095,~~466~~339.2272 0405/11/2004 310100028 N/A 01/11/2013 N 6,~~097~~091,~~450~~054.5849 6,~~091~~083,~~054~~712.4938 0405/11/2004 502752705 N/A 01/11/2013 N 6,~~012~~006,~~620~~766.1998 65,~~006~~999,~~766~~928.9881 0405/11/2004 310100031 01/11/2013 01/11/2033 N 5,~~858~~852,~~505~~774.5279 5,~~852~~846,~~774~~087.7956 0305/11/2004 502748510 N/A 01/11/2013 N 5,~~814~~808,~~354~~605.7340 5,~~808~~801,~~605~~913.4098 0305/11/2004 502748213 N/A 12/11/2012 N 5,~~677~~672,~~717~~577.3721 5,~~672~~666,~~577~~456.2196 0305/11/2004 502754316 N/A 01/11/2013 N 5,~~522~~517,~~702~~556.2874 5,~~517~~511,~~556~~479.7422 0405/11/2004 502745411 N/A 01/01/2013 N 5,~~429~~424,~~151~~495.4642 5,~~424~~418,~~495~~874.4212 0405/01/2004 582000058 N/A 02/11/2018 N 4,~~960~~941,~~449~~371.8554 4,~~941~~922,~~371~~197.5484 0405/11/2004 310100008 N/A 12/11/2012 N 5,~~105~~099,~~350~~291.0190 5,~~099~~092,~~291~~351.9014 0305/11/2004 502739621 N/A 11/01/2012 N 5,~~125~~121,~~492~~187.0463 5,~~121~~115,~~187~~952.6371 04/01/2004 502744614 N/A 10/01/2012 N 5,~~119~~114,~~094~~627.1857 5,~~114~~109,~~627~~248.5797 0405/01/2004 582000062 N/A 01/11/2013 N 4,~~925~~919,~~843~~022.9473 4,~~919~~911,~~022~~333.7361 0305/11/2004 682000063 N/A 01/01/2013 N 4,~~776~~772,~~759~~396.6735 4,~~772~~767,~~396~~216.3545 0405/01/2004 502749325 N/A 12/11/2009 N 4,~~628~~624,~~798~~309.6366 4,~~624~~619,~~309~~057.6621 0305/11/2004 582000065 N/A 08/01/2007 N 4,~~622~~618,~~315~~480.8780 4,~~618~~613,~~480~~790.8037 0405/01/2004 310100036 N/A 01/11/2013 N 4,~~450~~445,~~535~~154.6857 4,~~445~~438,~~154~~902.5731 0405/11/2004 502748502 N/A 12/11/2007 N 4,~~428~~424,~~955~~450.8333 4,~~424~~419,~~450~~238.3366 0305/11/2004 502748709 N/A 12/11/2012 N 4,~~287~~283,~~199~~269.2028 4,~~283~~278,~~269~~605.2818 0305/11/2004 502744302 12/11/2012 12/11/2032 N 4,~~256~~252,~~549~~885.4591 4,~~252~~248,~~885~~464.9131 0305/11/2004 582000070 N/A 01/01/2011 N 4,~~223~~221,~~843~~083.0219 4,~~221~~217,~~083~~269.1943 0405/01/2004 582000071 12/01/2012 12/01/2032 N 4,~~187~~184,~~993~~106.1940 4,~~184~~179,~~106~~508.4015 0405/01/2004 502754319 N/A 01/11/2013 N 3,~~945~~942,~~810~~214.2592 3,~~942~~937,~~214~~943.9297 0305/11/2004 502753401 N/A 01/11/2013 N 3,~~945~~942,~~810~~214.2592 3,~~942~~937,~~214~~943.9297 0305/11/2004 502751306 11/11/2012 11/11/2032 N 3,~~938~~935,~~986~~421.9863 3,~~935~~931,~~421~~172.6396 0305/11/2004 310100037 N/A 01/11/2013 N 3,~~880~~876,~~709~~017.9581 3,~~876~~870,~~017~~566.8106 0405/11/2004 502743602 11/11/2012 11/11/2032 N 3,~~808~~805,~~451~~516.9991 3,~~805~~801,~~516~~856.9165 0305/11/2004 310100039 N/A 01/11/2013 N 3,~~694~~689,~~042~~576.9147 3,~~689~~684,~~576~~386.4796 0405/11/2004 502745007 N/A 12/11/2012 N 3,~~646~~643,~~583~~240.2354 3,~~643~~639,~~240~~273.5437 0405/11/2004 502753403 N/A 01/11/2013 N 3,~~501~~498,~~906~~715.6377 3,~~498~~494,~~715~~925.7731 0305/11/2004 310100026 N/A 01/11/2013 N 3,~~485~~482,~~945~~288.5991 3,~~482~~478,~~288~~091.9139 0405/11/2004 502751502 N/A 01/11/2013 N 3,~~455~~452,~~009~~054.9148 3,~~452~~448,~~054~~483.4883 0405/11/2004 310100006 N/A 12/11/2012 N 3,~~431~~426,~~076~~648.5681 3,~~426~~421,~~648~~577.8157 0305/11/2004 682000083 N/A 11/01/2012 N 3,~~446~~443,~~837~~733.3803 3,~~443~~440,~~733~~028.0385 0405/01/2004 502751771 01/11/2013 01/11/2033 N 3,~~181~~178,~~309~~410.5683 3,~~178~~174,~~410~~967.8338 0305/11/2004 502747407 11/11/2012 11/11/2027 N 3,~~147~~143,~~882~~510.8071 3,~~143~~138,~~510~~578.7145 0405/11/2004 310100038 N/A 01/11/2013 N 3,~~143~~140,~~866~~065.2805 3,~~140~~135,~~065~~648.0544 0405/11/2004 410100011 N/A 01/11/2010 N 3,~~142~~138,~~327~~378.7997 3,~~138~~133,~~378~~913.9786 0305/11/2004 310100009 N/A 12/11/2012 N 3,~~130~~126,~~643~~141.5342 3,~~126~~121,~~141~~102.4228 0405/11/2004 582000089 01/11/2013 01/11/2033 N 3,~~147~~144,~~848~~908.9585 3,~~144~~141,~~908~~438.8540 0305/11/2004 310100035 N/A 01/11/2013 N 3,~~104~~100,~~567~~814.9625 3,~~100~~096,~~814~~452.2585 0405/11/2004 582000091 N/A 01/11/2013 N 3,~~104~~101,~~969~~954.9963 3,~~101~~098,~~954~~429.6377 0405/11/2004 582000092 N/A 12/11/2012 N 3,~~053~~051,~~909~~012.8424 3,~~051~~047,~~012~~603.2438 0405/11/2004 502742420 N/A 10/11/2012 N 2,~~991~~988,~~469~~190.7685 2,~~988~~984,~~190~~276.8581 0305/11/2004 682000094 N/A 01/01/2013 N 2,~~969~~966,~~137~~425.2106 2,~~966~~963,~~425~~205.0635 0405/01/2004 310100013 N/A 12/11/2012 N 2,~~959~~956,~~460~~952.6648 2,~~956~~953,~~952~~912.4838 0405/11/2004 582000096 N/A 11/11/2012 N 2,~~951~~948,~~496~~634.3482 2,~~948~~945,~~634~~283.8295 0405/11/2004 310100018 N/A 12/11/2012 N 2,~~933~~930,~~128~~519.3716 2,~~930~~927,~~519~~398.1601 0305/11/2004 582000098 N/A 01/11/2013 N 2,~~911~~908,~~107~~539.3993 2,~~908~~905,~~539~~463.9366 0305/11/2004 582000099 N/A 09/01/2012 N 2,~~899~~897,~~593~~569.8605 2,~~897~~894,~~569~~959.0558 0405/01/2004 502740410 N/A 11/11/2012 N 2,~~859~~855,~~596~~632.6125 2,~~855~~851,~~632~~158.2523 0405/11/2004 582000101 N/A 01/11/2013 N 2,~~860~~858,~~712~~105.3775 2,~~858~~855,~~105~~009.7531 0305/11/2004 502750208 12/11/2012 12/11/2032 N 2,~~838~~836,~~684~~101.2548 2,~~836~~833,~~101~~030.4825 0305/11/2004 502742414 N/A 10/11/2012 N 2,~~697~~694,~~226~~270.9152 2,~~694~~690,~~270~~741.5247 0305/11/2004 310100010 N/A 09/11/2012 N 2,~~682~~678,~~158~~482.2698 2,~~678~~674,~~482~~319.98 03 05/11/2004 502746701 N/A 11/11/2012 N 2,~~646~~643,~~306~~863.7642 2,~~643~~640,~~863~~966.4282 0305/11/2004 310100017 N/A 12/11/2012 N 2,~~612~~610,~~623~~293.2631 2,~~610~~607,~~293~~508.3107 0305/11/2004 502750309 N/A 12/11/2012 N 2,640,000.00 2,640,000.00 0305/11/2004 682000108 N/A 01/01/2013 N 2,~~466~~463,~~060~~808.8221 2,~~463~~461,~~808~~134.2103 0405/01/2004 502746826 N/A 01/11/2013 N 2,~~426~~424,~~673~~462.3421 2,~~424~~421,~~462~~835.2158 0305/11/2004 502747320 12/11/2012 12/11/2032 N 2,~~386~~384,~~256~~202.7796 2,~~384~~381,~~202~~724.9617 0305/11/2004 582000111 N/A 01/11/2013 N 2,~~302~~298,~~255~~960.7928 2,~~298~~295,~~960~~270.2859 0305/11/2004 582000112 N/A 09/01/2009 N 2,~~284~~281,~~135~~185.0132 2,~~281~~277,~~185~~695.3220 0405/01/2004 502744605 N/A 01/11/2013 N 2,~~270~~268,~~120~~153.8093 2,~~268~~265,~~153~~785.9394 0305/11/2004 582000114 N/A 01/11/2013 N 2,~~254~~251,~~762~~651.5878 2,~~251~~248,~~651~~142.7846 0305/11/2004 502739403 N/A 06/01/2012 N 2,~~124~~119,~~626~~585.1548 2,~~119~~114,~~585~~094.4807 0405/01/2004 582000116 N/A 01/11/2021 N 2,~~158~~153,~~970~~192.2179 2,~~153~~147,~~192~~008.7952 0305/11/2004 310100020 N/A 01/11/2013 N 2,~~170~~168,~~196~~219.4109 2,~~168~~165,~~219~~870.0919 0305/11/2004 582000118 N/A 01/11/2008 N 2,~~166~~164,~~976~~748.9664 2,~~164~~162,~~748~~179.64 04 05/11/2004 682000119 N/A 01/01/2013 N 2,~~072~~070,~~661~~861.4812 2,~~070~~068,~~861~~695.1209 0405/01/2004 502751313 N/A 12/11/2012 N 2,~~054~~051,~~336~~371.4840 2,~~051~~048,~~371~~055.4006 0405/11/2004 410100004 N/A 12/11/2012 N 1,~~972~~970,~~622~~924.5677 1,~~970~~968,~~924~~875.7766 0405/11/2004 502750605 N/A 01/11/2013 N 1,~~870~~868,~~486~~499.0981 1,~~868~~866,~~499~~187.8103 0405/11/2004 310100003 N/A 12/11/2012 N 1,~~772~~770,~~617~~890.9556 1,~~770~~768,~~890~~871.5677 0304/11/2004 310100002 N/A 11/11/2012 N 1,~~723~~721,~~418~~866.6750 1,~~721~~720,~~866~~014.5041 0405/11/2004 582000125 N/A 01/11/2018 N 1,~~663~~656,~~247~~991.1466 1,~~656~~650,~~991~~427.6670 0305/11/2004 502742418 N/A 10/11/2012 N 1,~~716~~714,~~417~~535.1379 1,~~714~~712,~~535~~290.79 03 05/11/2004 682000127 N/A 01/01/2013 N 1,~~479~~478,~~636~~284.4083 1,~~478~~476,~~284~~680.8332 0405/01/2004 310100044 N/A 01/11/2013 N 1,~~183~~182,~~709~~627.2297 1,~~182~~181,~~627~~344.9736 0305/11/2004 582000129 N/A 09/01/2009 N ~~957,133.47~~ 955,966.10 03954,564.47 05/01/2004 582000130 N/A 10/01/2018 N ~~483,102.73~~ 481,567.64 04480,023.02 05/11/2004 Totals 925,~~983~~172,~~902~~575.7358 ~~925~~924,~~172~~230,~~575~~429.5843

Principal Prepayment Detail No Principal Prepayments this Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Date # Balance # Balance # Balance 0405/1517/2004 0 $0.00 0 $0.00 0 $0.00 0304/15/2004 0 $0.00 0 $0.00 0 $0.00 0203/1715/2004 0 $0.00 0 $0.00 0 $0.00 0102/1517/2004 0 $0.00 0 $0.00 0 $0.00 1201/15/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00 1112/1715/2003 0 $0.00 0 $0.00 0 $0.00 1011/1517/2003 0 $0.00 0 $0.00 0 $0.00 0910/15/2003 0 $0.00 0 $0.00 0 $0.00 0809/15/2003 0 $0.00 0 $0.00 0 $0.00 0708/15/2003 0 $0.00 0 $0.00 0 $0.00 0607/1615/2003 0 $0.00 0 $0.00 0 $0.00 0506/1516/2003 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 0405/1517/2004 0 $0.00 0 $0.00 0 $0.00 0304/15/2004 0 $0.00 0 $0.00 0 $0.00 0203/1715/2004 0 $0.00 0 $0.00 0 $0.00 0102/1517/2004 0 $0.00 0 $0.00 0 $0.00 1201/15/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00 1112/1715/2003 0 $0.00 0 $0.00 0 $0.00 1011/1517/2003 0 $0.00 0 $0.00 0 $0.00 0910/15/2003 0 $0.00 0 $0.00 0 $0.00 0809/15/2003 0 $0.00 0 $0.00 0 $0.00 0708/15/2003 0 $0.00 0 $0.00 0 $0.00 0607/1615/2003 0 $0.00 0 $0.00 0 $0.00 0506/1516/2003 0 $0.00 0 $0.00 0 $0.00

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 05/17/2004 0 $0.00 0 $0.00 5.996078% 5.946647% 98 04/15/2004 0 $0.00 0 $0.00 5.996151% 5.946719% 99 03/15/2004 0 $0.00 0 $0.00 5.996209% 5.946776% 100 02/17/2004 0 $0.00 0 $0.00 5.996295% 5.946861% 101 01/15/2004 0 $0.00 0 $0.00 5.996352% 5.946916% 102 12/15/2003 0 $0.00 0 $0.00 5.996408% 5.946971% 103 11/17/2003 0 $0.00 0 $0.00 5.996478% 5.947040% 104 10/15/2003 0 $0.00 0 $0.00 5.996533% 5.947094% 105 09/15/2003 0 $0.00 0 $0.00 5.996601% 5.947161% 106 08/15/2003 0 $0.00 0 $0.00 5.996655% 5.947214% 107 07/15/2003 0 $0.00 0 $0.00 5.996715% 5.947273% 108 06/16/2003 0 $0.00 0 $0.00 5.996790% 5.947347% 109 ~~05/15/2003 0 $0.00 0 $0.00 5.996954% 5.947510% 110~~ Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Delinquency Loan Detail Offering # of Paid Through Current Outstanding Status of Loan Number Document Months Date P & I P & I Mortgage Cross- Delinq. Advances Advances ** Loan (1) Reference ~~502737617~~502739621 ~~1 0 03/11/2004 295,328.92 295,328.92 A 502746711 3 0 03/11/2004 185,805.~~60 ~~185,805.60 A 502755016 5~~ 0 0304/11/2004 109,388.88 109,388.88 A 502745113 6 0 03/11/2004 140,600.72 140,600.72 B 502742421 8 0 03/11/2004 143,293.59 143,293.59 A 410100012 10 0 03/11/2004 119,244.71 119,244.71 A 502760002 12 0 03/11/2004 106,728.14 106,728.14 A 310100033 14 0 03/11/2004 110,058.64 110,058.64 A 502744001 15 0 03/11/2004 81,849.61 81,849.61 A 502751708 25 0 03/11/2004 59,747.31 59,747.31 A 310100007 27 0 03/11/2004 60,059.06 60,059.06 A 310100030 30 0 03/11/2004 57,659.34 57,659.34 A 310100021 32 0 03/11/2004 53,445.48 53,445.48 A 502751009 33 0 03/11/2004 52,478.74 52,478.74 B 310100032 37 0 03/11/2004 46,219.91 46,219.91 A 502750015 39 0 03/11/2004 46,580.25 46,580.25 A 682000043 43 0 03/11/2004 40,071.19 40,071.19 B 502758020 44 0 03/11/2004 47,693.56 47,693.56 A 502742430 46 0 03/11/2004 47,764.54 47,764.54 A 502744604 47 0 03/11/2004 39,386.01 ~~39,386.01 A 502747902 49 0 03~~/~~11/~~2004 ~~38,638.23 38,638.23 A 310100031 53 0 03/11/2004 34,341.40 34,341.40 A 502748510 54 0 03/11/2004 33,919.06 33,919.06 A 502748213 55 0 03/11/2004 34,530.23 34,530.23 A 310100008 59 0 03/11/2004~~ 32,~~309~~270.53 32,~~309~~270.53 ~~A 582000062 62 0 03/11/2004 32,488.96 32,488.96 A 502749325 64 0 03/11/2004 27,333.37 27,333.37 A 502748502 67 0 03/11/2004 25,600.85 25,600.85 A 502748709 68 0 03/11/2004 25,794.64 25,794.64~~ B 502744302 69 0 03/11/2004 26,430.16 26,430.16 A 502754319 72 0 03/11/2004 23,850.50 23,850.50 A 502753401 73 0 03/11/2004 23,850.50 23,850.50 A 502751306 74 0 03/11/2004 24,056.84 24,056.84 A 502743602 76 0 03/11/2004 24,780.79 24,780.79 A 502753403 79 0 03/11/2004 21,167.30 21,167.30 A 310100006 82 0 03/11/2004 23,517.89 23,517.89 A 502751771 84 0 03/11/2004 19,229.46 19,229.46 A 410100011 87 0 03/11/2004 19,084.37 19,084.37 A 582000089 89 0 03/11/2004 18,828.00 18,828.00 A 502742420 93 0 03/11/2004 22,241.50 22,241.50 A 310100018 97 0 03/11/2004 17,969.02 17,969.02 A 582000098 98 0 03/11/2004 17,837.02 17,837.02 A 582000101 101 0 03/11/2004 17,291.61 17,291.61 A 502750208 102 0 03/11/2004 17,228.02 17,228.02 A 502742414 103 0 03/11/2004 20,053.82 20,053.82 A 310100010 104 0 03/11/2004 18,136.59 18,136.59 A 502746701 105 0 03/11/2004 16,027.70 16,027.70 A 310100017 106 0 03/11/2004 15,988.90 15,988.90 A 502750309 107 0 03/11/2004 13,438.33 13,438.33 A 502746826 109 0 03/11/2004 14,668.06 14,668.06 A 502747320 110 0 03/11/2004 14,816.97 14,816.97 A 582000111 111 0 03/11/2004 14,935.33 14,935.33 A 502744605 113 0 03/11/2004 14,011.11 14,011.11 A 582000114 114 0 03/11/2004 14,898.82 14,898.82 A 582000116 116 0 03/11/2004 17,380.69 17,380.69 A 310100020 117 0 03/11/2004 13,117.66 13,117.66 A 310100003 123 0 0304/11/2004 10,445.2329 10,445.2329 ~~A 582000125 125 0 03/11/2004 14,793.48 14,793.48 A 502742418 126 0 03/11/2004 12,761.51 12,761.51 A 310100044 128 0 03/11/2004 7,147.43 7,147.43 A 582000129 129 0 03/01/2004 8,141.16 8,141.16~~ B Totals 61 2 42,~~686,486~~715.2482 242,~~686,486~~715.2482

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~502737617~~502739621 48,255,723.59 0.00 502746711 30,972,116.85 0.00 502755016 25,000,000.00 0.00 502745113 23,642,427.63 0.00 502742421 19,272,912.27 0.00 410100012 17,904,698.35 0.00 502760002 17,292,398.83 0.00 310100033 15,301,635.72 0.00 502744001 14,394,130.30 0.00 502751708 10,085,836.77 0.00 310100007 10,010,830.12 0.00 310100030 9,836,454.48 0.00 310100021 9,021,065.74 0.00 502751009 8,722,232.91 0.00 310100032 7,884,933.49 0.00 502750015 7,699,218.42 0.00 682000043 7,060,406.89 0.00 502758020 6,874,071.27 0.00 502742430 6,424,304.05 0.00 502744604 6,414,664.36 0.00 502747902 6,379,489.65 0.00 310100031 5,~~858~~121,~~505~~187.~~52 0.00 502748510 5,814,354.73 0.00 502748213 5,677,717.37 0.00 310100008 5,105,350.01 0.00 582000062 4,925,843.94 0.00 502749325 4,628,798.~~63 0.00 502748502 4,428,955.83 0.00 502748709 4,287,199.20 0.00 502744302 4,256,549.45 0.00 502754319 3,945,810.25 0.00 502753401 3,945,810.25 0.00 502751306 3,938,986.98 0.00 502743602 3,808,451.99 0.00 502753403 3,501,906.63 0.00 310100006 3,431,076.56 0.00 502751771 3,181,309.56 0.00 410100011 3,142,327.79 0.00 582000089 3,147,848.95 0.00 502742420 2,991,469.76 0.00 310100018 2,933,128.37 0.00 582000098 2,911,107.39 0.00 582000101 2,860,712.37 0.00 502750208 2,838,684.25 0.00 502742414 2,697,226.91 0.00 310100010 2,682,158.26 0.00 502746701 2,646,306.76 0.00 310100017 2,612,623.26 0.00 502750309 2,640,000.00 0.00 502746826 2,426,673.34 0.00 502747320 2,386,256.77 0.00 582000111 2,302,255.79 0.00 502744605 2,270,120.80 0.00 582000114 2,254,762.58 0.00 582000116 2,158,970.21 0.00 310100020 2,170,196.41 0.00 310100003 1,~~772~~770,~~617~~890.9556 0.00 ~~582000125 1,663,247.14 0.00 502742418 1,716,417.13 0.00 310100044 1,183,709.22 0.00 582000129 957,133.47 0.00~~ Totals ~~436~~6,~~552~~892,~~133~~078.4719 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = AB (~~56 loans)~~ 2~~,419,399.79~~ ~~2,419,399.79 391,882,733.37 0.00 Total for Status Code = B (5~~ loans) ~~267~~42,~~086~~715.4582 ~~267~~42,~~086~~715.4582 446,~~669~~892,~~400~~078.1019 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 Liquidated Loan Detail No Liquidated Loans

Filing Compare · WACHOVIA COMMERCIAL MORT SEC INC PAS THR CERTS SER 03 C3