8-K 1 wac03c03_dec.txt DECEMBER 8-K 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: December 15, 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On December 15, 2004, a distribution was made to holders of Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2003 - C3. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003 - C3, relating to the December 15, 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 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: December 15, 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 December 15, 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: December 15, 2004 Record Date: November 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 - 20 Specially Serviced Loan Detail 21 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 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 ~~242~~240,~~547~~664,~~644~~526.8205 1,~~004~~014,~~585~~065.8939 ~~815~~809,~~970~~635.7058 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 5.~~896438~~896348% 12,887,000.00 12,887,000.00 0.00 63,~~322~~321.8386 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 29,182.07 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,~~282~~089.47 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 ~~920~~918,~~725~~842,~~793~~675.8205 1,~~004~~014,~~585~~065.8939 3,~~612~~606,~~712~~183.2819

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,~~820~~823,~~556~~700.5997 ~~241~~239,~~543~~650,~~058~~460.9366 21.7883% A-2 929766CU5 0.00 0.00 1,938,027.23 477,837,000.00 21.7883% B 929766CV3 0.00 0.00 150,511.99 36,319,000.00 17.8387% C 929766CW1 0.00 0.00 54,054.42 12,888,000.00 16.4347% D 929766CX9 0.00 0.00 108,942.33 25,775,000.00 13.6366% E 929766CY7 0.00 0.00 55,210.06 12,887,000.00 12.2325% F 929766DD2 0.00 0.00 49,249.27 10,544,000.00 11.0811% G 929766DF7 0.00 0.00 61,260.96 12,888,000.00 9.6870% H 929766DH3 0.00 0.00 63,~~322~~321.8386 12,887,000.00 8.2830% J 929766DK6 0.00 0.00 92,416.10 22,260,000.00 5.8687% K 929766DM2 0.00 0.00 38,913.57 9,373,000.00 4.8485% L 929766DP5 0.00 0.00 29,182.07 7,029,000.00 4.08% M 929766DR1 0.00 0.00 9,727.35 2,343,000.00 3.8283% N 929766DT7 0.00 0.00 29,186.22 7,030,000.00 3.06% O 929766DV2 0.00 0.00 19,454.71 4,686,000.00 2.55% P 929766DX8 0.00 0.00 97,~~282~~089.47 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,~~617~~620,~~298~~248.1758 ~~919~~917,~~721~~828,~~207~~609.9366

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 929766CZ4 0.~~141963~~138324% 937,264,149.00 ~~920~~918,~~725~~842,~~793~~675.8205 ~~108~~105,~~923~~915.9609 IO-II 929766DB6 1.~~191394~~191316% 890,430,000.00 846,970,000.00 840,~~896~~840.1364

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 929766CZ4 0.00 ~~108~~105,~~923~~915.9609 ~~919~~917,~~721~~828,~~207~~609.9366 IO-II 929766DB6 0.00 840,~~896~~840.1364 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 ~~936~~928.~~16654246~~89822704 3.~~87742252~~91401075 3.~~14942027~~12496847 0.00000000 0.00000000 ~~932~~924.~~28911994~~98421628 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 4.~~91369830~~91362303 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 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.~~15166658~~14343004 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 ~~982~~980.~~35464869~~34548321 0.~~11621479~~11300453 0.00000000 ~~981~~979.~~28282076~~26354128 IO-II 929766DB6 951.19212066 0.~~94437084~~94430853 0.00000000 951.19212066

Reconciliation Detail Advance Summary P & I Advances Outstanding 23,~~941~~146,~~833~~526.6570 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 35,~~928~~853.6469 Less Delinquent Servicing Fees 1920,~~120~~260.3799 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 2022,~~206~~904.7207 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3738,~~014~~496.9977

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 ~~815~~809,~~970~~635.7058 0.00 0.00 ~~815~~809,~~970~~635.7058 0.00 A-2 1,938,027.23 0.00 0.00 1,938,027.23 0.00 IO-I ~~108~~105,~~923~~915.9609 0.00 0.00 ~~108~~105,~~923~~915.9609 0.00 IO-II 840,~~896~~840.1464 0.00 0.00 840,~~896~~840.1464 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 63,~~322~~321.8386 0.00 0.00 63,~~322~~321.8386 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,~~562~~553,~~532~~131.3892 0.00 0.00 4,~~562~~553,~~532~~131.3892 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 ~~815~~809,~~970~~635.7058 0.00 A-2 0.00 1,938,027.23 0.00 IO-I 0.00 ~~108~~105,~~923~~915.9609 0.00 IO-II 0.00 840,~~896~~840.1364 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 63,~~322~~321.8386 0.00 J 0.00 92,416.10 0.00 K 0.00 38,913.57 0.00 L 0.00 29,182.07 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 0193.00 97,~~282~~089.47 ~~174~~367.23 Total 0193.00 4,~~562~~552,~~532~~938.3792 ~~174~~367.23

Other Required Information Available Distribution Amount (1) 5,567,~~118~~004.2631 Aggregate Number of Outstanding Loans 130 Aggregate Stated Principal Balance of Loans Before Distribution ~~920~~918,~~725~~842,~~794~~675.3053 Aggregate Stated Principal Balance of Loans After Distribution ~~919~~917,~~721~~828,~~208~~610.4114 Aggregate Unpaid Principal Balance of Loans ~~920~~918,~~288~~402,~~078~~857.3606 Aggregate Amount of Servicing Fee 3738,~~014~~496.9977 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,~~994~~990.9183 Aggregate Trust Fund Expenses 0193.00 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 4,590,976.79 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 4,590,976.79 Principal: Scheduled Principal 1,014,065.39 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 1,014,065.39 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 5,605,042.18 Total Funds Distributed Fees: Master Servicing Fee 35,853.69 Trustee Fee 1,990.83 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 37,844.51 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 193.00 Total Additional Trust Fund Expenses 193.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 4,552,938.92 Principal Distribution 1,014,065.39 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 5,567,004.31 Total Funds Distributed 5,605,041.82

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,~~670~~625,~~705~~945.9842 1.6059 ~~104~~102 6.3953 1.~~517855~~506768 2,000,001 to 3,000,000 28 7170,~~007~~835,~~869~~558.7275 7.72 9896 6.~~3057~~3055 1.~~535861~~525427 3,000,001 to 4,000,000 21 71,~~762~~592,~~732~~562.2256 7.80 9795 6.~~1748~~1747 1.~~600912~~671292 4,000,001 to 5,000,000 11 49,~~279~~140,~~223~~624.1595 5.3635 8886 6.~~3231~~3234 1.~~473079~~469498 5,000,001 to 6,000,000 9 49,~~305~~198,~~115~~771.6132 5.36 9896 5.9814 1.~~465371~~465378 6,000,001 to 7,000,000 89 5057,~~807~~679,~~836~~578.1713 56.5228 9896 6.~~1565~~0660 1.~~763923~~739153 7,000,001 to 8,000,000 76 5244,~~028~~941,~~395~~580.2771 54.6690 9896 5.~~7670~~8227 1.~~493012~~545242 8,000,001 to 9,000,000 5 43,~~225~~149,~~407~~774.8964 4.70 8482 5.~~6934~~6933 1.~~696048~~682180 9,000,001 to 10,000,000 67 5868,~~580~~445,~~757~~358.5911 67.3746 79 5.~~8763~~8652 1.~~510733~~602345 10,000,001 to 15,000,000 11 ~~126~~131,~~946~~663,~~687~~979.4876 1314.8035 8886 5.~~8227~~8114 1.~~493034~~479159 15,000,001 to 20,000,000 76 ~~121~~105,~~076~~816,~~090~~084.7268 1311.1653 9289 6.~~2506~~3274 1.~~483308~~511041 20,000,001 to 25,000,000 3 69,~~970~~920,~~976~~346.3390 7.6162 8886 5.~~5277~~5275 1.~~619015~~636297 25,000,001 to 30,000,000 1 26,500,000.00 2.8889 ~~100~~98 6.3800 1.~~250000~~210000 30,000,001 to 35,000,000 1 30,~~747~~680,~~183~~742.1499 3.34 9694 5.9000 1.~~110000~~260000 35,000,001 to 40,000,000 1 35,~~890~~814,~~363~~616.2130 3.90 9997 5.4200 1.780000 40,000,001 and greater 1 47,~~921~~823,~~863~~084.9392 5.21 9795 6.1000 1.410000 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 6,~~921~~902,~~104~~103.5095 0.75 9997 6.8000 12.~~804444~~076667 Arizona 3 2019,~~031~~989,~~851~~527.5493 2.18 9997 5.~~8001~~8002 1.~~403098~~320338 California 21 223,~~603~~197,~~166~~072.1326 24.3132 9391 6.~~0090~~0087 1.~~530242~~571920 Florida 18 ~~116~~115,~~141~~930,~~852~~981.9513 12.63 8380 5.~~8989~~8987 1.~~589932~~585201 Georgia 12 87,~~427~~225,~~845~~603.9034 9.5150 9997 5.~~6438~~6436 1.~~637040~~656631 Idaho 1 2,~~883~~878,~~415~~585.2951 0.31 9593 7.1100 0.~~770000~~510000 Illinois 4 4746,~~046~~945,~~413~~735.1990 5.1211 9795 5.9234 1.~~327606~~430020 Indiana 1 12,~~056~~018,~~925~~075.86 1.31 9795 5.9000 1.880000 Kentucky 1 17,~~722~~669,~~941~~325.4594 1.93 9896 6.2500 1.350000 Louisiana 2 6,~~238~~222,~~158~~822.2247 0.68 8179 5.8002 1.~~595091~~595106 Maryland 12 63,~~447~~259,~~280~~848.2010 6.9089 9896 6.~~0166~~0167 1.~~604750~~780986 Massachusetts 2 8,~~091~~071,~~507~~516.8243 0.88 9896 5.9538 1.~~469950~~518695 Minnesota 2 6,~~289~~273,~~023~~306.5012 0.68 9896 6.~~3299~~3298 10.~~301949~~938621 Missouri 2 10,~~570~~547,~~968~~921.6095 1.15 8886 7.~~9603~~9606 2.~~033897~~117077 Nevada 4 33,~~999~~947,~~699~~723.1016 3.70 9896 5.~~9572~~9567 1.~~562426~~562627 New Jersey 3 13,~~940~~911,~~535~~395.5104 1.52 9896 5.9909 1.~~380534~~378517 New Mexico 1 3,~~918~~910,~~255~~108.5542 0.43 9997 6.0000 1.530000 New York 2 2,~~622~~614,~~308~~136.0187 0.2928 6260 5.~~8511~~8498 1.~~747008~~387631 North Carolina 6 49,~~572~~499,~~956~~656.3313 5.39 9997 6.~~1756~~1760 1.~~369734~~368306 Ohio 2 4,~~668~~656,~~125~~305.6447 0.51 9694 7.4000 1.368542 Oklahoma 3 7,~~142~~117,~~373~~363.1187 0.78 ~~111~~109 5.9579 1.~~489330~~517989 Oregon 1 3,~~097~~087,~~084~~206.8209 0.34 9896 5.9200 1.~~460000~~490000 Pennsylvania 2 23,~~724~~664,~~136~~880.9466 2.58 7169 5.7145 1.~~846974~~693207 South Carolina 1 76,~~004~~988,~~560~~123.8459 0.76 9997 5.4100 1.560000 Tennessee 2 7,~~462~~447,~~494~~892.3733 0.81 9795 6.3353 1.~~422354~~387416 Texas 7 41,~~328~~234,~~912~~437.4686 4.49 7068 5.9107 1.~~565264~~545397 Utah 2 17,~~501~~462,~~786~~182.9859 1.90 9997 5.5900 1.372346 Virginia 4 18,~~953~~912,~~169~~461.9843 2.06 9997 5.8506 1.~~523602~~545213 Washington 7 56,~~312~~242,~~353~~309.5870 6.1213 9896 6.~~3519~~3518 1.~~257012~~235794 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891

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 1310 ~~129~~60,~~015~~289,~~829~~311.2547 146.0357 9299 6.~~1937~~4723 1.~~127864~~059634 1.20 to 1.24 25 447,~~573~~681,~~104~~847.1268 05.5020 9897 6.~~3689~~1094 1.~~215141~~219461 1.25 to 1.29 69 4478,~~212~~185,~~296~~114.0632 48.8152 9996 65.~~2753~~9548 1.~~251942~~262857 1.30 to 1.34 85 4932,~~900~~630,~~423~~807.4798 53.4356 ~~103~~93 56.~~7694~~1914 1.~~327472~~322609 1.35 to 1.39 1110 7191,~~730~~142,~~879~~515.4979 79.8093 9485 65.~~0325~~8828 1.~~364571~~368317 1.40 to 1.44 1113 ~~133~~127,~~261~~752,~~618~~472.9173 1413.4992 9896 6.~~0323~~0542 1.~~416119~~418193 1.45 to 1.49 129 7451,~~702~~763,~~655~~863.4198 85.1264 9394 5.~~9268~~9524 1.~~465556~~460778 1.50 to 1.54 8 4736,~~479~~920,~~926~~959.3375 54.1602 8596 5.~~9352~~9350 1.~~521519~~523999 1.55 to 1.59 129 5736,~~541~~780,~~608~~972.1002 64.2601 9896 5.~~8739~~8971 1.~~572611~~568323 1.60 to 1.64 1112 4656,~~845~~639,~~030~~952.7727 56.0917 8272 5.~~9721~~9940 1.~~621388~~615283 1.65 to 1.69 4 2122,~~817~~729,~~774~~291.7547 2.3748 9480 6.~~2131~~0834 1.~~667748~~668263 1.70 to 1.74 69 4786,~~829~~755,~~162~~638.4467 59.2045 82 6.~~3523~~0808 1.~~719870~~721112 1.75 to 1.79 3 45,~~739~~643,~~122~~309.0318 4.97 9997 5.5658 1.782153 1.80 to 1.84 53 168,~~370~~273,~~641~~351.2199 10.7890 9996 6.~~8980~~8635 1.~~814359~~805588 1.85 to 1.89 6 4550,~~139~~043,~~473~~091.4142 45.9145 8584 5.~~6404~~6479 1.~~868117~~869834 1.90 to 1.94 31 242,~~129~~834,~~186~~828.7850 20.6231 7297 56.~~7192~~0000 1.~~924398~~910000 1.95 to 1.99 0 0.00 0.00 0 0.0000 0.000000 2.00 to 2.09 54 1923,~~220~~871,~~919~~017.0371 2.0960 7275 5.~~7302~~8895 2.~~019426~~042429 2.10 to 2.24 26 3144,~~809~~153,~~267~~724.2045 34.4681 9997 5.~~4475~~6561 2.~~190734~~189261 2.25 to 2.49 01 03,106,432.0014 0.0034 097 06.~~0000~~8000 02.~~000000~~380000 2.50 or greater 23 810,~~402~~630,~~289~~106.6562 01.9116 9695 76.~~0372~~8601 2.~~944428~~901226 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 8 41,~~386~~294,~~750~~746.7914 4.50 7270 5.9357 1.~~518970~~504670 Lodging 11 57,~~737~~585,~~869~~884.1280 6.2827 9795 7.1234 1.~~866928~~927766 Mixed Use 3 45,~~481~~384,~~626~~485.6730 4.94 95 97 5.9292 1.~~233573~~483614 Mobile Home Park 6 27,~~139~~118,~~047~~710.2383 2.95 5755 5.~~5417~~5414 1.~~804007~~811460 Multi-Family 32 ~~281~~280,~~282~~876,~~733~~678.5834 30.5860 9593 5.~~7951~~7952 1.~~467899~~451593 Office 19 127,~~495~~157,~~818~~245.3414 13.8685 8280 5.8367 1.~~588430~~594109 Retail 45 319,~~833~~099,~~197~~223.0450 34.7877 9997 6.0848 1.~~479389~~504795 Self Storage 6 19,~~364~~311,~~165~~636.6207 2.1110 9997 6.0482 1.~~910571~~906771 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891

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 2.72 9997 5.1200 2.210000 5.250% to 5.499% 10 105,~~525~~356,~~036~~357.0634 11.4748 8886 5.~~3927~~3926 1.~~727852~~727981 5.500% to 5.749% 18 170,~~645~~261,~~209~~700.3301 18.55 8886 5.6481 1.~~455280~~481331 5.750% to 5.999% 28 ~~196~~195,~~090~~660,~~288~~084.3463 21.32 9088 5.9008 1.~~497004~~563828 6.000% to 6.249% 39 227,~~654~~128,~~594~~659.1334 24.75 9795 6.0733 1.~~482112~~482294 6.250% to 6.499% 11 7473,~~101~~977,~~330~~557.4696 8.06 ~~101~~99 6.~~3101~~3102 1.~~331534~~297166 6.500% to 6.749% 6 45,~~220~~161,~~901~~617.3878 4.92 9088 6.~~5813~~5814 1.~~402420~~402149 6.750% to 6.999% 6 29,~~807~~724,~~632~~928.3179 3.24 9795 6.8196 1.~~527689~~645567 7.000% to 7.249% 2 4,~~970~~955,~~827~~014.3554 0.54 9492 7.1184 10.~~131142~~966771 7.250% to 7.499% 6 33,~~294~~208,~~913~~587.8321 3.62 9795 7.4007 1.~~859923~~860063 7.500% to 8.249% 1 2,~~261~~254,~~461~~705.2935 0.25 5957 8.2000 1.460000 8.250% to 8.749% 1 ~~948~~945,~~091~~392.8414 0.10 5957 8.5000 1.257022 8.750% or greater 1 4,~~200~~194,~~922~~005.0905 0.46 7573 8.8100 1.~~130000~~340000 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891

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 ~~120~~97 ~~868~~668,~~918~~540,~~893~~803.3303 9472.4884 9391 5.~~9382~~8343 1.~~542959~~581314 25 to 36 months 629 42241,~~919~~424,~~684~~765.9775 426.6730 8891 6.~~6989~~3607 1.~~175660~~445058 37 to 48 months 1 4,~~200~~194,~~922~~005.0905 0.46 7573 8.8100 1.~~130000~~340000 49 months and greater 3 3,~~681~~669,~~708~~036.0231 0.40 7371 8.~~1811~~1814 1.~~460310~~461379 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891

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 1012 6385,~~563~~363,~~320~~758.1354 69.9130 3943 5.~~8948~~8300 1.~~686677~~698391 61 to 84 months 54 5037,~~778~~362,~~543~~462.9582 54.5207 6468 56.~~9117~~0616 1.~~484638~~457279 85 to 108 months ~~111~~110 ~~796~~786,~~347~~139,~~635~~200.6178 8685.5965 9896 6.~~0076~~0089 1.~~516288~~534771 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 ~~910~~908,~~689~~865,~~499~~422.6914 99.02 9290 5.~~9944~~9943 1.~~526416~~546953

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 6,~~914~~858,~~978~~869.3498 0.75 ~~160~~158 6.~~0990~~0991 1.~~218340~~219087 193 to 264 months 1 2,~~116~~104,~~730~~318.3802 0.23 ~~195~~193 6.2800 1.~~310000~~280000 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 98,~~031~~963,~~708~~188.7200 0.98 ~~168~~166 6.~~1414~~1416 1.~~239822~~233387

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 9 131,860,000.00 14.3437 8482 5.7787 1.~~570818~~621635 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,~~340~~244,~~283~~081.6772 2.21 9290 6.~~2626~~2633 1.~~268298~~390945 265 to 336 months 46111 ~~323~~706,~~955~~691,~~235~~351.3238 3577.2200 9091 6.~~3169~~0659 1.~~516439~~531869 337 months or greater 672 ~~434~~50,~~533~~069,~~980~~989.7004 475.2546 9697 5.~~8068~~4428 1.~~532463~~626257 Totals 126 ~~910~~908,~~689~~865,~~499~~422.6914 99.02 9290 5.~~9944~~9943 1.~~526416~~546953

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 3 16,~~504~~468,~~805~~741.4771 1.79 9694 6.0205 1.~~349876~~349880 1 year or less 126 ~~902~~900,~~040~~186,~~977~~892.7640 98.08 9391 5.~~9954~~9953 1.~~527163~~547849 1 to 2 years 1 1,~~175~~172,~~425~~976.1803 0.13 9997 5.9900 1.230000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 130 ~~919~~917,~~721~~828,~~208~~610.4114 100.00 9391 5.~~9958~~9957 1.~~523602~~543891 (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 243,~~872~~372.5597 53,~~064~~564.8947 6.100% 502753516 2 RT McDonough GA ~~162~~161,~~286~~946.8931 40,~~313~~654.8745 5.420% 502746711 3 MU Highland Park IL 151,~~348~~023.1408 35,~~489~~814.8692 5.900% 502754321 4 MF Liberty Lake WA 140,891.67 0.00 6.380% 502755016 5 MF Stockton CA 106,666.67 0.00 5.120% 502745113 6 MF Tampa FL 114,~~552~~307.8017 27,~~033~~278.0265 5.850% 502753714 7 MF San Diego CA 101,229.17 0.00 5.650% 502742421 8 LO La Jolla CA ~~118~~117,~~005~~709.7720 2526,~~930~~226.2683 7.400% 502743311 9 MF Cary NC 104,500.00 0.00 6.600% 410100012 10 RT Elizabethtown KY 92,~~453~~175.5272 28,~~134~~411.0484 6.250% 582000011 11 OF Scranton PA 81,~~318~~104.4898 24,~~131~~344.4797 5.610% 502760002 12 RT Las Vegas NV 88,~~842~~666.1516 18,~~462~~638.4140 6.200% 310100022 13 RT Poway CA 74,~~568~~404.3263 18,~~397~~560.1786 5.710% 310100033 14 OF Rockville MD 71,~~765~~406.7696 3839,~~802~~161.9474 5.710% 502744001 15 MF Scottsdale AZ 65,~~558~~414.7365 16,~~770~~914.6876 5.500% 310100001 16 MF Hammond IN 59,~~379~~189.5446 20,~~268~~458.1321 5.900% 682000017 17 IN Fort Myers FL 61,~~943~~818.6052 13,~~279~~404.8795 6.110% 582000018 18 RT Puyallup WA 66,~~897~~710.4314 17,~~468~~655.5180 6.850% 502750923 19 MF San Antonio TX 54,~~807~~684.1166 1314,~~883~~006.9540 5.650% 582000020 20 MF Riverton UT 53,~~354~~233.0198 13,~~739~~859.4851 5.590% 502743019 21 RT Emeryville CA 56,~~634~~516.9446 12,~~758~~877.9139 6.000% 682000022 22 OF Burbank CA 54,~~687~~517.9739 1718,~~980~~150.0058 5.980% 502755612 23 MF Las Vegas NV 48,583.33 0.00 5.300% 310100041 24 MH Fort Lauderdale FL 46,366.67 0.00 5.350% 502751708 25 MF Gulf Breeze FL 48,~~447~~342.1620 11,~~636~~741.3531 5.800% 682000026 26 MU Annapolis MD 49,~~928~~824.0262 11,~~160~~263.5797 5.990% 310100007 27 OF Houston TX 4948,~~089~~985.7096 11,~~303~~406.0579 5.920% 310100034 28 RT Corona CA 46,~~103~~000.3893 11,~~620~~722.2065 5.650% 582000029 29 RT Orting WA 48,~~903~~801.1430 1011,~~987~~089.6448 5.990% 310100030 30 OF Fairfax VA 46,~~511~~409.9989 11,~~475~~577.2333 5.710% 502742510 31 IN El Paso TX 46,~~656~~558.2766 10,~~510~~608.8748 6.000% 310100021 32 OF Aurora IL 43,~~409~~316.3400 10,~~336~~430.8519 5.810% 502751009 33 OF San Diego CA 43,~~353~~263.4536 9,~~706~~796.7786 6.000% 582000034 34 OF Durham NC 42,~~103~~014.8312 9,~~831~~921.6637 5.880% 310100024 35 MF Decatur GA 3837,~~070~~981.3056 10,~~442~~531.5226 5.415% 310100040 36 MH Fort Lauderdale FL 38,341.67 0.00 5.350% 310100032 37 OF Silver Spirng MD 37,~~284~~202.1632 9,~~198~~280.5842 5.710% 310100025 38 MF College Park GA 34,~~481~~401.7639 9,~~458~~538.2057 5.415% 502750015 39 RT Bermuda Run NC 38,~~268~~189.6008 8,~~568~~647.2981 6.000% 582000040 40 RT Hayward CA 41,~~404~~326.8756 7,~~896~~974.4475 6.500% 310100027 41 MF Jonesboro GA 31,~~917~~842.2686 8,~~754~~829.7616 5.415% 502752321 42 RT San Clemente CA 35,317.83 0.00 5.870% 682000043 43 MF Sumter SC 31,~~618~~544.0729 8,~~688~~762.4624 5.410% 502758020 44 LO Salisbury MD 37,~~790~~685.8420 10,~~131~~237.8650 6.650% 502732004 45 RT Fuquay - Varina NC 3231,~~054~~987.8654 7,~~303~~370.5688 5.950% 502742430 46 LO St. Louis MO 39,~~335~~236.2540 8,~~643~~742.4328 7.400% 502744604 47 RT Lakeland FL 32,~~688~~622.3792 6,~~911~~976.4691 6.150% 502745010 48 RT Lebanon PA 31,~~805~~738.5399 7,~~165~~231.2579 6.000% 502747902 49 RT Covington GA 31,~~707~~641.6734 7,~~143~~209.2053 6.000% 582000050 50 MF Logan UT 28,~~273~~209.0746 7,~~280~~344.7536 5.590% 310100028 51 MF Decatur GA 27,~~331~~267.1646 7,~~496~~560.8353 5.415% 502752705 52 RT North Port FL 28,~~531~~468.2386 67,~~989~~051.2562 5.730% 310100031 53 OF Gaithersburg MD 27,~~702~~641.1332 6,~~834~~895.5536 5.710% 502748510 54 MF Greenville NC 27,~~275~~214.0058 6,~~837~~898.8830 5.665% 502748213 55 RT Edison NJ 28,~~457~~399.8836 6,~~261~~320.6113 6.050% 502754316 56 MF Hoboken NJ 2726,~~036~~979.2632 6,~~215~~272.2317 5.910% 502745411 57 MF Victorville CA 28,~~074~~019.4329 5,~~754~~809.2539 6.240% 582000058 58 RT Goleta CA 24,~~222~~025.7063 19,~~657~~854.8693 6.000% 310100008 59 OF North Adams MA 25,~~376~~309.2313 7,~~103~~170.4858 6.010% 502739621 60 RT Clarksville TN 27,~~080~~027.2997 5,~~360~~413.9426 6.375% 502744614 61 RT Bakersfield CA 26,~~511~~458.0818 5,~~506~~559.2111 6.250% 582000062 62 SS Reno NV 24,~~779~~703.6471 7,~~873~~949.5245 6.090% 682000063 63 MU Baltimore MD 23,~~703~~654.5748 5,~~298~~347.5463 5.990% 502749325 64 IN Orlando FL 22,~~118~~070.4524 5,~~369~~417.2243 5.770% 582000065 65 MF Largo FL 24,~~901~~854.9726 4,~~805~~852.2394 6.500% 310100036 66 LO Lakeland FL 2524,~~024~~956.3716 6,~~417~~485.1031 6.800% 502748502 67 IN Orlando FL 20,~~424~~377.3092 5,~~324~~370.1957 5.570% 502748709 68 IN San Diego CA 21,~~309~~265.3204 4,~~771~~815.1341 6.000% 502744302 69 RT Anaheim CA 22,~~045~~002.6823 4,~~526~~569.3782 6.250% 582000070 70 RT Independence MO 30,~~870~~820.6423 3,~~932~~983.9132 8.810% 582000071 71 RT Riverside CA 20,~~641~~598.3904 4,~~703~~746.0540 5.950% 502754319 72 MF Albuquerque NM 19,~~613~~572.1259 4,~~368~~409.9043 6.000% 502753401 73 SS Lake Mary FL 19,~~613~~572.1259 4,~~368~~409.9043 6.000% 502751306 74 RT Franklin Park IL 19,~~840~~800.8807 4,~~347~~388.2607 6.080% 310100037 75 LO Montgomery AL 21,~~820~~760.3789 5,~~595~~654.4896 6.800% 502743602 76 RT Tucson AZ 21,~~156~~117.0699 3,~~751~~789.6774 6.700% 310100039 77 LO Tallahassee FL 20,~~770~~714.7816 5,~~326~~382.3395 6.800% 502745007 78 MF Norfolk VA 18,~~125~~087.1750 4,~~058~~095.2087 6.000% 502753403 79 SS Altamonte Springs FL 17,~~406~~370.6567 3,~~877~~913.3937 6.000% 310100026 80 MF College Park GA 15,~~625~~588.3895 4,~~285~~322.9740 5.415% 502751502 81 RT Des Plaines IL 17,~~894~~859.9083 3,~~655~~690.2027 6.250% 310100006 82 MF Minneapolis MN 18,~~432~~379.2610 5,~~199~~253.9915 6.500% 682000083 83 RT Ontario CA 17,~~419~~383.4778 3,~~790~~826.3504 6.100% 502751771 84 RT Virginia Beach VA 15,~~813~~780.0840 3,~~522~~555.4210 6.000% 502747407 85 RT Wichita Falls TX 15,~~991~~941.0890 5,~~051~~100.6785 6.150% 310100038 86 LO Savannah GA 17,~~677~~629.2608 4,~~533~~581.0523 6.800% 410100011 87 IN Harahan LA 14,~~807~~766.3421 4,~~565~~606.0720 5.700% 310100009 88 MH Eugene OR 15,~~304~~255.3990 5,~~157~~205.0554 5.920% 582000089 89 RT Shreveport LA 15,~~383~~351.9448 3,~~548~~581.9844 5.900% 310100035 90 LO Huntsville AL 17,~~456~~408.3071 4,~~476~~523.3897 6.800% 582000091 91 IN Altamonte Springs FL 14,~~759~~727.6949 3,~~602~~635.8505 5.740% 582000092 92 RT Weymouth MA 14,~~822~~790.3665 3,~~485~~517.6132 5.860% 502742420 93 LO Miamisburg OH 18,~~316~~270.4238 4,~~024~~070.8084 7.400% 682000094 94 OF Lutherville MD 14,~~733~~703.6615 3,~~293~~323.4697 5.990% 310100013 95 OF Monterey CA 15,~~476~~445.0897 3,~~112~~142.6677 6.310% 582000096 96 RT Bartlesville OK 14,~~176~~145.8897 3,~~425~~456.7263 5.800% 310100018 97 OF Nassau Bay TX 14,~~872~~842.9076 3,~~193~~224.9004 6.120% 582000098 98 MF St. Cloud MN 14,~~786~~756.0330 3,~~148~~177.0376 6.130% 582000099 99 MF Chubbuck ID 17,~~100~~071.1065 2,~~677~~705.4792 7.110% 502740410 100 SS Santa Clarita CA 14,~~550~~505.4476 4,~~582~~627.4917 6.160% 582000101 101 RT Kennesaw GA 14,~~219~~190.5113 3,~~167~~196.4684 6.000% 502750208 102 RT Toms River NJ 14,~~180~~151.6637 3,~~141~~171.9827 6.030% 502742414 103 LO Atlanta GA 16,~~514~~473.8030 3,~~628~~670.9242 7.400% 310100010 104 MF Irving TX 13,~~958~~916.9850 4,~~267~~309.0149 6.300% 502746701 105 RT Miami FL 13,~~152~~125.8129 2,~~963~~990.1163 6.000% 310100017 106 OF Tulsa OK 13,~~225~~199.9105 2,~~850~~876.0793 6.110% 502750309 107 MF Spokane WA 13,090.00 0.00 5.950% 682000108 108 OF Lutherville MD 12,~~237~~211.2692 2,~~735~~760.4377 5.990% 502746826 109 MF Virginia Beach VA 12,~~062~~037.0714 2,~~686~~711.8780 6.000% 502747320 110 RT Knoxville TN 12,~~358~~334.9963 2,~~537~~561.5288 6.250% 582000111 111 MF Spokane WA 11,~~236~~200.2177 3,~~775~~811.8630 5.910% 582000112 112 RT Phoenix MD 15,~~477~~432.9207 3,~~600~~646.3015 8.200% 502744605 113 RT Largo FL 11,~~663~~639.0796 2,~~423~~446.7283 6.200% 582000114 114 SS Everett WA 11,~~380~~345.2650 3,~~593~~628.7248 6.110% 502739403 115 RT Duluth GA 12,~~436~~371.2740 5,~~649~~713.0188 7.130% 582000116 116 RT Wilson NC 11,~~110~~046.7413 6,~~341~~406.9152 6.280% 310100020 117 MH Lakeland FL 10,~~787~~764.2293 2,~~402~~425.7807 6.000% 582000118 118 OF New Windsor NY 9,~~866~~844.9029 2,~~624~~647.4607 5.500% 682000119 119 OF Owings Mills MD 10,~~631~~610.2818 2,~~216~~238.9404 6.190% 502751313 120 SS Landover Hills MD 109,~~008~~976.5573 3,~~393~~425.7052 5.900% 410100004 121 RT Mesa AZ 10,~~216~~196.6855 2,~~097~~117.6679 6.250% 502750605 122 RT Decatur GA 9,~~428~~405.1869 2,~~367~~389.2473 6.090% 310100003 123 MF Dallas TX 8,~~440~~422.7629 2,~~063~~082.5502 5.750% 310100002 124 MH Santa Maria CA 8,~~709~~691.7389 1,~~895~~913.1802 6.100% 582000125 125 RT Tulsa OK 8,~~123~~057.3426 6,~~725~~791.5866 6.000% 502742418 126 LO Columbus OH 10,~~509~~483.4201 2,~~309~~335.3172 7.400% 682000127 127 OF Owings Mills MD 7,~~342~~327.3615 1,~~641~~656.2647 5.990% 310100044 128 MH Spokane WA 5,~~873~~861.8872 1,~~313~~325.0117 5.990% 582000129 129 RT Las Vegas NV 6,~~725~~706.9091 1,~~447~~466.1615 8.500% 582000130 130 IN Commack NY 2,~~941~~921.1934 1,~~593~~613.1601 7.450% Totals 4,~~600~~590,~~456~~976.2979 1,~~004~~014,~~585~~065.8939

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 47,~~974~~876,~~928~~649.8239 47,~~921~~823,~~863~~084.9392 0911/11/2004 502753516 N/A 01/11/2013 N 35,~~930~~855,~~677~~270.0875 35,~~890~~814,~~363~~616.2130 1012/11/2004 502746711 N/A 10/11/2012 N 30,~~782~~716,~~673~~557.0091 30,~~747~~680,~~183~~742.1499 0911/11/2004 502754321 N/A 02/11/2013 N 26,500,000.00 26,500,000.00 1011/11/2004 502755016 N/A 01/11/2013 N 25,000,000.00 25,000,000.00 0911/11/2004 502745113 N/A 12/11/2012 N 23,~~498~~447,~~009~~625.3555 23,~~470~~420,~~976~~346.3390 1011/11/2004 502753714 N/A 01/11/2010 N 21,500,000.00 21,500,000.00 1012/11/2004 502742421 N/A 10/11/2012 N 19,~~136~~087,~~070~~977.0178 19,~~110~~061,~~139~~750.7595 0911/11/2004 502743311 N/A 08/01/2012 N 19,000,000.00 19,000,000.00 1012/01/2004 410100012 N/A 12/11/2012 N 17,~~751~~697,~~075~~737.4978 17,~~722~~669,~~941~~325.4594 0911/11/2004 582000011 12/11/2009 12/11/2030 N 17,~~394~~348,~~327~~658.5262 17,~~370~~324,~~196~~313.0565 1012/11/2004 502760002 01/11/2013 01/11/2033 N 17,~~195~~161,~~254~~193.9901 17,~~176~~142,~~792~~554.5861 1012/11/2004 310100022 N/A 01/11/2013 N 15,~~671~~636,~~099~~700.5839 15,~~652~~618,~~702~~139.4153 1012/11/2004 310100033 01/11/2013 01/11/2023 N 15,~~082~~006,~~121~~716.4294 1514,~~043~~967,~~318~~555.4820 0911/11/2004 502744001 N/A 01/11/2013 N 14,~~303~~272,~~723~~287.0050 14,~~286~~255,~~952~~372.3274 0911/11/2004 310100001 N/A 11/11/2012 N 12,~~077~~038,~~193~~534.9907 12,~~056~~018,~~925~~075.86 1012/11/2004 682000017 N/A 01/11/2013 N 12,~~165~~141,~~682~~117.2138 12,~~152~~127,~~402~~712.3443 0912/11/2004 582000018 N/A 08/01/2012 N 11,~~719~~686,~~257~~447.8368 11,~~701~~668,~~789~~791.3288 1012/01/2004 502750923 N/A 12/11/2012 N 11,~~640~~614,~~448~~440.9541 11,~~626~~600,~~565~~434.0001 0912/11/2004 582000020 N/A 01/11/2013 N 11,~~453~~427,~~455~~688.0441 11,~~439~~413,~~715~~828.5690 1011/11/2004 502743019 11/11/2012 11/11/2032 N 11,~~326~~303,~~988~~292.5362 11,~~314~~290,~~229~~415.6223 1012/11/2004 682000022 N/A 01/01/2008 N 10,~~974~~939,~~173~~944.7509 10,~~956~~921,~~193~~793.7551 1012/01/2004 502755612 N/A 12/11/2012 N 11,000,000.00 11,000,000.00 1012/11/2004 310100041 N/A 01/11/2008 N 10,400,000.00 10,400,000.00 1011/11/2004 502751708 N/A 12/11/2012 N 10,~~023~~001,~~550~~834.0615 109,~~011~~990,~~913~~092.7184 0911/11/2004 682000026 N/A 01/01/2013 N 109,~~002~~981,~~274~~559.0662 9,~~991~~970,~~113~~295.4965 1012/01/2004 310100007 N/A 12/11/2007 N 9,~~950~~929,~~614~~586.3898 9,~~939~~918,~~311~~180.3319 1012/11/2004 310100034 N/A 01/11/2013 N 9,~~791~~770,~~868~~108.1600 9,~~780~~758,~~247~~385.9635 0911/11/2004 582000029 N/A 12/11/2012 N 9,~~796~~776,~~956~~555.8500 9,~~785~~765,~~969~~465.2152 0912/11/2004 310100030 01/11/2013 01/11/2033 N 9,~~774~~753,~~848~~391.4596 9,~~763~~741,~~373~~814.2263 0911/11/2004 502742510 N/A 11/11/2007 N 9,~~331~~311,~~253~~732.2541 9,~~320~~301,~~742~~123.3893 1012/11/2004 310100021 N/A 01/11/2013 N 8,~~965~~946,~~785~~506.3693 8,~~955~~936,~~448~~076.5174 0911/11/2004 502751009 N/A 12/11/2012 N 8,~~670~~652,~~689~~671.8022 8,~~660~~642,~~983~~874.0336 0911/11/2004 582000034 12/11/2011 12/11/2032 N 8,~~592~~574,~~618~~309.8925 8,~~582~~564,~~787~~387.2388 0912/11/2004 310100024 N/A 01/11/2013 N 8,~~436~~416,~~631~~966.6492 8,~~426~~406,~~189~~435.1266 0911/11/2004 310100040 N/A 01/11/2008 N 8,600,000.00 8,600,000.00 1011/11/2004 310100032 01/11/2013 01/11/2033 N 7,~~835~~818,~~549~~350.9132 7,~~826~~809,~~351~~069.3390 0911/11/2004 310100025 N/A 01/11/2013 N 7,~~641~~623,~~387~~576.3928 7,~~631~~614,~~929~~037.1971 0911/11/2004 502750015 N/A 12/11/2012 N 7,~~653~~637,~~720~~815.6845 7,~~645~~629,~~152~~167.3964 0911/11/2004 582000040 N/A 10/11/2012 N 7,~~643~~629,~~976~~519.3342 7,~~636~~621,~~079~~544.8967 1012/11/2004 310100027 N/A 01/11/2013 N 7,~~073~~056,~~076~~589.3995 7,~~064~~047,~~321~~760.6379 0911/11/2004 502752321 N/A 01/11/2013 N 7,220,000.00 7,220,000.00 0911/11/2004 682000043 N/A 01/11/2013 N 76,~~013~~996,~~249~~885.3083 76,~~004~~988,~~560~~123.8459 0911/11/2004 502758020 N/A 01/11/2013 N 6,~~819~~800,~~399~~337.0601 6,~~809~~790,~~267~~099.2051 1011/11/2004 502732004 N/A 12/01/2012 N 6,~~464~~451,~~845~~269.4742 6,~~457~~443,~~541~~898.9154 1012/01/2004 502742430 N/A 10/11/2012 N 6,~~378~~362,~~689~~659.9418 6,~~370~~353,~~046~~916.5190 0911/11/2004 502744604 N/A 01/11/2013 N 6,~~378~~365,~~218~~448.4251 6,~~371~~358,~~306~~471.9660 0911/11/2004 502745010 N/A 11/11/2012 N 6,~~361~~347,~~106~~798.1480 6,~~353~~340,~~940~~567.8901 1012/11/2004 502747902 N/A 11/11/2012 N 6,~~341~~328,~~533~~267.4910 6,~~334~~321,~~390~~057.2957 0911/11/2004 582000050 N/A 01/11/2013 N 6,~~069~~055,~~352~~698.1705 6,~~062~~048,~~071~~353.4269 1011/11/2004 310100028 N/A 01/11/2013 N 6,~~056~~042,~~767~~650.8225 6,~~049~~035,~~270~~089.9972 0911/11/2004 502752705 N/A 01/11/2013 N 5,~~975~~962,~~126~~064.2934 5,~~968~~955,~~137~~012.0472 1012/11/2004 310100031 01/11/2013 01/11/2033 N 5,~~821~~809,~~813~~034.5020 5,~~814~~802,~~978~~138.9584 0911/11/2004 502748510 N/A 01/11/2013 N 5,~~777~~764,~~582~~782.3035 5,~~770~~757,~~744~~884.4205 0911/11/2004 502748213 N/A 12/11/2012 N 5,~~644~~632,~~537~~930.2601 5,~~638~~626,~~275~~609.6588 0911/11/2004 502754316 N/A 01/11/2013 N 5,~~489~~478,~~596~~035.0416 5,~~483~~471,~~380~~762.8199 0912/11/2004 502745411 N/A 01/01/2013 N 5,~~398~~388,~~928~~324.0746 5,~~393~~382,~~173~~515.8207 1012/01/2004 582000058 N/A 02/11/2018 N 4,~~844~~805,~~539~~125.5453 4,~~824~~785,~~881~~270.6860 1012/11/2004 310100008 N/A 12/11/2012 N 5,~~066~~053,~~800~~402.8398 5,~~059~~046,~~697~~232.3540 0911/11/2004 502739621 N/A 11/01/2012 N 5,~~097~~087,~~466~~617.4178 5,~~092~~082,~~105~~204.4752 1012/01/2004 502744614 N/A 10/01/2012 N 5,~~090~~079,~~128~~969.3196 5,~~084~~074,~~622~~410.1085 1012/01/2004 582000062 N/A 01/11/2013 N 4,~~882~~867,~~688~~725.2086 4,~~874~~859,~~814~~776.6841 0911/11/2004 682000063 N/A 01/01/2013 N 4,~~748~~738,~~628~~794.5829 4,~~743~~733,~~330~~446.0466 1012/01/2004 502749325 N/A 12/11/2009 N 4,~~600~~589,~~025~~997.0421 4,~~594~~584,~~655~~579.8278 0911/11/2004 582000065 N/A 08/01/2007 N 4,~~597~~588,~~286~~479.6334 4,~~592~~583,~~481~~626.40 1012/01/2004 310100036 N/A 01/11/2013 N 4,~~416~~404,~~065~~028.9229 4,~~409~~397,~~648~~542.8298 1012/11/2004 502748502 N/A 12/11/2007 N 4,~~400~~390,~~209~~216.2111 4,~~394~~384,~~885~~845.0254 0911/11/2004 502748709 N/A 12/11/2012 N 4,~~261~~253,~~864~~007.4484 4,~~257~~248,~~093~~192.3143 0911/11/2004 502744302 12/11/2012 12/11/2032 N 4,~~232~~224,~~771~~428.0884 4,~~228~~219,~~244~~859.7102 0911/11/2004 582000070 N/A 01/01/2011 N 4,~~204~~197,~~855~~988.0037 4,~~200~~194,~~922~~005.0905 1012/01/2004 582000071 12/01/2012 12/01/2032 N 4,~~162~~154,~~968~~226.6348 4,~~158~~149,~~265~~480.5808 1012/01/2004 502754319 N/A 01/11/2013 N 3,~~922~~914,~~624~~517.4585 3,~~918~~910,~~255~~108.5542 0911/11/2004 502753401 N/A 01/11/2013 N 3,~~922~~914,~~624~~517.4585 3,~~918~~910,~~255~~108.5542 0911/11/2004 502751306 11/11/2012 11/11/2032 N 3,~~915~~907,~~963~~908.9201 3,~~911~~903,~~616~~519.6694 0911/11/2004 310100037 N/A 01/11/2013 N 3,~~850~~840,~~653~~157.5416 3,~~845~~834,~~058~~502.0620 1012/11/2004 502743602 11/11/2012 11/11/2032 N 3,~~789~~782,~~145~~325.6284 3,~~785~~778,~~393~~536.9510 0911/11/2004 310100039 N/A 01/11/2013 N 3,~~665~~655,~~432~~440.2778 3,~~660~~650,~~105~~057.9483 1012/11/2004 502745007 N/A 12/11/2012 N 3,~~625~~617,~~034~~500.1293 3,~~620~~613,~~975~~405.9206 1012/11/2004 502753403 N/A 01/11/2013 N 3,~~481~~474,~~329~~134.2565 3,~~477~~470,~~451~~221.8628 0911/11/2004 310100026 N/A 01/11/2013 N 3,~~462~~454,~~687~~615.0597 3,~~458~~450,~~401~~293.0857 0911/11/2004 502751502 N/A 01/11/2013 N 3,~~435~~429,~~820~~086.0850 3,~~432~~425,~~164~~396.8823 1012/11/2004 310100006 N/A 12/11/2012 N 3,~~402~~393,~~878~~064.9325 3,~~397~~387,~~678~~811.9410 0911/11/2004 682000083 N/A 11/01/2012 N 3,~~426~~419,~~780~~760.5963 3,~~422~~415,~~990~~934.2459 1012/01/2004 502751771 01/11/2013 01/11/2033 N 3,~~162~~156,~~616~~080.0410 3,~~159~~152,~~093~~525.6200 0911/11/2004 502747407 11/11/2012 11/11/2027 N 3,~~120~~110,~~210~~613.9286 3,~~115~~105,~~159~~513.2501 1012/11/2004 310100038 N/A 01/11/2013 N 3,~~119~~111,~~516~~013.7737 3,~~114~~106,~~983~~432.7214 1012/11/2004 410100011 N/A 01/11/2010 N 3,~~117~~108,~~335~~676.0609 3,~~112~~104,~~769~~069.9989 0911/11/2004 310100009 N/A 12/11/2012 N 3,~~102~~092,~~241~~411.8763 3,~~097~~087,~~084~~206.8209 1012/11/2004 582000089 01/11/2013 01/11/2033 N 3,~~128~~122,~~937~~334.2102 3,~~125~~118,~~388~~752.2358 0911/11/2004 310100035 N/A 01/11/2013 N 3,~~080~~072,~~522~~125.8373 3,~~076~~067,~~046~~601.4576 1012/11/2004 582000091 N/A 01/11/2013 N 3,~~085~~078,~~649~~918.8937 3,~~082~~075,~~047~~283.0432 0912/11/2004 582000092 N/A 12/11/2012 N 3,~~035~~028,~~296~~801.0835 3,~~031~~025,~~810~~284.4703 1011/11/2004 502742420 N/A 10/11/2012 N 2,~~970~~962,~~229~~764.5989 2,~~966~~958,~~204~~694.7905 0911/11/2004 682000094 N/A 01/01/2013 N 2,~~951~~945,~~651~~538.5273 2,~~948~~942,~~358~~214.0676 1012/01/2004 310100013 N/A 12/11/2012 N 2,~~943~~937,~~153~~426.0670 2,~~940~~934,~~040~~283.4093 1012/11/2004 582000096 N/A 11/11/2012 N 2,~~933~~926,~~148~~752.0103 2,~~929~~923,~~722~~295.2940 0911/11/2004 310100018 N/A 12/11/2012 N 2,~~916~~910,~~254~~345.1427 2,~~913~~907,~~060~~121.2423 0911/11/2004 582000098 N/A 01/11/2013 N 2,~~894~~888,~~492~~672.5978 2,~~891~~885,~~344~~495.5602 0911/11/2004 582000099 N/A 09/01/2012 N 2,~~886~~881,~~092~~291.7643 2,~~883~~878,~~415~~585.2951 1012/01/2004 502740410 N/A 11/11/2012 N 2,~~834~~825,~~501~~797.3508 2,~~829~~821,~~918~~169.8691 1012/11/2004 582000101 N/A 01/11/2013 N 2,~~843~~838,~~902~~025.6434 2,~~840~~834,~~735~~828.1850 0911/11/2004 502750208 12/11/2012 12/11/2032 N 2,~~822~~816,~~021~~193.0344 2,~~818~~813,~~879~~022.0517 0911/11/2004 502742414 N/A 10/11/2012 N 2,~~678~~671,~~075~~345.9649 2,~~674~~667,~~447~~675.0407 0911/11/2004 310100010 N/A 09/11/2012 N 2,~~658~~650,~~853~~762.9104 2,~~654~~646,~~586~~452.9055 0911/11/2004 502746701 N/A 11/11/2012 N 2,~~630~~625,~~561~~058.9585 2,~~627~~622,~~598~~068.8422 0911/11/2004 310100017 N/A 12/11/2012 N 2,~~597~~592,~~559~~284.1284 2,~~594~~589,~~709~~407.0591 0911/11/2004 502750309 N/A 12/11/2012 N 2,640,000.00 2,640,000.00 0912/11/2004 682000108 N/A 01/01/2013 N 2,~~451~~446,~~537~~460.8377 2,~~448~~443,~~802~~700.4000 1012/01/2004 502746826 N/A 01/11/2013 N 2,~~412~~407,~~414~~428.0954 2,~~409~~404,~~727~~716.2274 0911/11/2004 502747320 12/11/2012 12/11/2032 N 2,~~372~~368,~~926~~249.4269 2,~~370~~365,~~388~~687.9081 0911/11/2004 582000111 N/A 01/11/2013 N 2,~~281~~274,~~464~~267.2081 2,~~277~~270,~~688~~456.3451 0912/11/2004 582000112 N/A 09/01/2009 N 2,~~265~~258,~~061~~351.5950 2,~~261~~254,~~461~~705.2935 1012/01/2004 502744605 N/A 01/11/2013 N 2,~~257~~252,~~367~~896.8726 2,~~254~~250,~~944~~449.1543 0911/11/2004 582000114 N/A 01/11/2013 N 2,~~235~~228,~~075~~248.2524 2,~~231~~224,~~481~~619.5376 0911/11/2004 502739403 N/A 06/01/2012 N 2,~~093~~082,~~061~~142.0791 2,~~087~~076,~~412~~429.0603 1012/01/2004 582000116 N/A 01/11/2021 N 2,~~123~~110,~~072~~724.2954 2,~~116~~104,~~730~~318.3802 0911/11/2004 310100020 N/A 01/11/2013 N 2,~~157~~152,~~444~~986.9252 2,~~155~~150,~~042~~561.1445 0911/11/2004 582000118 N/A 01/11/2008 N 2,~~152~~147,~~777~~845.5812 2,~~150~~145,~~153~~198.1205 0911/11/2004 682000119 N/A 01/01/2013 N 2,~~060~~056,~~991~~900.4412 2,~~058~~054,~~774~~662.5008 1012/01/2004 502751313 N/A 12/11/2012 N 2,~~035~~029,~~636~~165.8481 2,~~032~~025,~~243~~740.1429 1011/11/2004 410100004 N/A 12/11/2012 N 1,~~961~~957,~~602~~736.9388 1,~~959~~955,~~505~~619.2709 1012/11/2004 502750605 N/A 01/11/2013 N 1,~~857~~853,~~769~~337.6301 1,~~855~~850,~~402~~947.3928 1012/11/2004 310100003 N/A 12/11/2012 N 1,~~761~~757,~~550~~694.9297 1,~~759~~755,~~487~~612.3795 0911/11/2004 310100002 N/A 11/11/2012 N 1,~~713~~709,~~390~~880.2829 1,~~711~~707,~~495~~967.1027 1012/11/2004 582000125 N/A 01/11/2018 N 1,~~624~~611,~~667~~452.3522 1,~~617~~604,~~941~~660.7756 0911/11/2004 502742418 N/A 10/11/2012 N 1,~~704~~699,~~230~~947.1614 1,~~701~~697,~~920~~611.8542 0911/11/2004 682000127 N/A 01/01/2013 N 1,~~470~~467,~~922~~876.5833 1,~~469~~466,~~281~~219.3286 1012/01/2004 310100044 N/A 01/11/2013 N 1,~~176~~174,~~738~~301.1920 1,~~175~~172,~~425~~976.1803 0911/11/2004 582000129 N/A 09/01/2009 N ~~949~~946,~~539~~858.0029 ~~948~~945,~~091~~392.8414 0912/01/2004 582000130 N/A 10/01/2018 N ~~473~~470,~~748~~551.0583 ~~472~~468,~~154~~938.8982 1012/11/2004 Totals ~~920~~918,~~725~~842,~~794~~675.3053 ~~919~~917,~~721~~828,~~208~~610.4114

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 1012/15/2004 0 $0.00 0 $0.00 0 $0.00 0911/15/2004 0 $0.00 0 $0.00 0 $0.00 0810/1615/2004 0 $0.00 0 $0.00 0 $0.00 0709/15/2004 0 $0.00 0 $0.00 0 $0.00 0608/1516/2004 0 $0.00 0 $0.00 0 $0.00 0507/1715/2004 0 $0.00 0 $0.00 0 $0.00 0406/15/2004 0 $0.00 0 $0.00 0 $0.00 0305/1517/2004 0 $0.00 0 $0.00 0 $0.00 0204/1715/2004 0 $0.00 0 $0.00 0 $0.00 0103/15/2004 0 $0.00 0 $0.00 0 $0.00 1202/1517/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00 1101/1715/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 1012/15/2004 0 $0.00 0 $0.00 0 $0.00 0911/15/2004 0 $0.00 0 $0.00 0 $0.00 0810/1615/2004 0 $0.00 0 $0.00 0 $0.00 0709/15/2004 0 $0.00 0 $0.00 0 $0.00 0608/1516/2004 0 $0.00 0 $0.00 0 $0.00 0507/1715/2004 0 $0.00 0 $0.00 0 $0.00 0406/15/2004 0 $0.00 0 $0.00 0 $0.00 0305/1517/2004 0 $0.00 0 $0.00 0 $0.00 0204/1715/2004 0 $0.00 0 $0.00 0 $0.00 0103/15/2004 0 $0.00 0 $0.00 0 $0.00 1202/1517/~~2003~~2004 0 $0.00 0 $0.00 0 $0.00 1101/1715/~~2003~~2004 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 1012/15/2004 0 $0.00 0 $0.00 5.~~995814~~995721% 5.~~946388~~946297% 9391 0911/15/2004 0 $0.00 0 $0.00 5.~~995865~~995773% 5.~~946438~~946348% 9492 0810/1615/2004 0 $0.00 0 $0.00 5.~~995905~~995814% 5.~~946477~~946388% 9593 0709/15/2004 0 $0.00 0 $0.00 5.~~995944~~995865% 5.~~946515~~946438% 9694 0608/1516/2004 0 $0.00 0 $0.00 5.~~996018~~995905% 5.~~946589~~946477% 9795 0507/1715/2004 0 $0.00 0 $0.00 5.~~996078~~995944% 5.~~946647~~946515% 9896 0406/15/2004 0 $0.00 0 $0.00 5.~~996151~~996018% 5.~~946719~~946589% 9997 0305/1517/2004 0 $0.00 0 $0.00 5.~~996209~~996078% 5.~~946776~~946647% ~~100~~98 0204/1715/2004 0 $0.00 0 $0.00 5.~~996295~~996151% 5.~~946861~~946719% ~~101~~99 0103/15/2004 0 $0.00 0 $0.00 5.~~996352~~996209% 5.~~946916~~946776% ~~102~~100 1202/1517/~~2003~~2004 0 $0.00 0 $0.00 5.~~996408~~996295% 5.~~946971~~946861% ~~103~~101 1101/1715/~~2003~~2004 0 $0.00 0 $0.00 5.~~996478~~996352% 5.~~947040~~946916% ~~104~~102 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 1 0 0911/11/2004 295,~~338~~341.2856 295,~~338~~341.2856 A 502746711 3 0 0911/11/2004 185,~~811~~814.9212 185,~~811~~814.9212 A 502754321 4 0 11/11/2004 140,008.33 140,008.33 A 502755016 5 0 0911/11/2004 105,833.33 105,833.33 A 502745113 6 0 11/11/2004 140,608.84 140,608.84 A 502742421 8 0 0911/11/2004 143,~~298~~299.1777 143,~~298~~299.1777 A 410100012 10 0 0911/11/2004 119,~~256~~260.23 119,~~256~~260.23 A 310100033 14 0 0911/11/2004 110,~~065~~068.9648 110,~~065~~068.9648 A 502744001 15 0 0911/11/2004 81,~~852~~853.6167 81,~~852~~853.6167 A ~~682000017~~582000020 1720 0 0911/11/2004 7466,~~311~~712.0557 7466,~~311~~712.0557 A ~~502750923~~310100041 1924 0 0911/11/2004 6846,~~303~~020.0401 6846,~~303~~020.0401 A 502751708 25 0 0911/11/2004 59,~~749~~750.3911 59,~~749~~750.3911 A 310100034 28 0 0911/11/2004 57,397.1890 57,397.1890 A ~~582000029 29 0 09/11/2004 59,564.22 59,564.22 A~~ 310100030 30 0 0911/11/2004 57,~~661~~662.4011 57,~~661~~662.4011 A 310100021 32 0 0911/11/2004 53,447.3397 53,447.3397 A 502751009 33 0 0911/11/2004 52,~~482~~483.1838 52,~~482~~483.1838 A ~~582000034~~310100024 3435 0 0911/11/2004 5148,~~649~~232.0726 5148,~~649~~232.0726 A ~~310100024~~310100040 3536 0 0911/11/2004 4838,~~231~~055.6001 4838,~~231~~055.6001 A 310100032 37 0 0911/11/2004 46,~~221~~222.5613 46,~~221~~222.5613 A 310100025 38 0 0911/11/2004 43,685.2484 43,685.2484 A 502750015 39 0 0911/11/2004 46,~~581~~582.7729 46,~~581~~582.7729 A 310100027 41 0 0911/11/2004 40,436.2680 40,436.2680 A 502752321 42 0 0911/11/2004 35,077.17 35,077.17 A 682000043 43 0 0911/11/2004 40,~~072~~073.7531 40,~~072~~073.7531 A 502758020 44 0 11/11/2004 47,696.02 47,696.02 A 502742430 46 0 0911/11/2004 47,766.0660 47,766.0660 A 502744604 47 0 0911/11/2004 39,387.2365 39,387.2365 A 502747902 49 0 0911/11/2004 38,639.4993 38,639.4993 A 582000050 50 0 11/11/2004 35,351.96 35,351.96 A 310100028 51 0 0911/11/2004 34,626.0957 34,626.0957 A 310100031 53 0 0911/11/2004 34,~~342~~343.6204 34,~~342~~343.6204 A 502748510 54 0 0911/11/2004 33,920.3072 33,920.3072 A 502748213 55 0 0911/11/2004 34,531.3373 34,531.3373 A ~~502754316 56 0 09/11/2004 33,068.51 33,068.51 A~~ 310100008 59 0 0911/11/2004 32,~~310~~311.8127 32,~~310~~311.8127 A 582000062 62 0 0911/11/2004 32,490.4090 32,490.4090 A 502749325 64 0 0911/11/2004 27,334.3367 27,334.3367 A 502748502 67 0 0911/11/2004 25,~~601~~602.8115 25,~~601~~602.8115 A 502748709 68 0 0911/11/2004 25,796.3392 25,796.3392 A 502744302 69 0 0911/11/2004 26,~~430~~431.9523 26,~~430~~431.9523 A 502754319 72 0 0911/11/2004 23,851.2654 23,851.2654 A 502753401 73 0 0911/11/2004 23,851.2654 23,851.2654 A 502751306 74 0 0911/11/2004 24,057.6088 24,057.6088 A 502743602 76 0 0911/11/2004 24,781.4365 24,781.4365 A 502753403 79 0 0911/11/2004 21,168.0024 21,168.0024 A 310100026 80 0 0911/11/2004 19,~~795~~796.9319 19,~~795~~796.9319 A 310100006 82 0 0911/11/2004 23,~~518~~519.8315 23,~~518~~519.8315 A 502751771 84 0 0911/11/2004 19,230.0830 19,230.0830 A 410100011 87 0 0911/11/2004 19,~~086~~087.6545 19,~~086~~087.6545 A 582000089 89 0 0911/11/2004 18,828.6284 18,828.6284 A ~~582000091~~582000092 9192 0 0911/11/2004 18,~~259~~207.6801 18,~~259~~207.6801 A 502742420 93 0 0911/11/2004 22,242.2246 22,242.2246 A 582000096 96 0 0911/11/2004 17,~~504~~505.8204 17,~~504~~505.8204 A 310100018 97 0 0911/11/2004 17,969.5978 17,969.5978 A 582000098 98 0 0911/11/2004 17,837.5878 17,837.5878 A 582000101 101 0 0911/11/2004 17,292.1737 17,292.1737 A 502750208 102 0 0911/11/2004 17,228.5876 17,228.5876 A 502742414 103 0 0911/11/2004 20,054.4668 20,054.4668 A 310100010 104 0 0911/11/2004 18,137.3764 18,137.3764 A 502746701 105 0 0911/11/2004 16,028.2442 16,028.2442 A 310100017 106 0 0911/11/2004 15,989.4058 15,989.4058 A ~~502750309 107 0 09/11/2004 13,002.00 13,002.00 A~~ 502746826 109 0 0911/11/2004 14,668.5270 14,668.5270 A 502747320 110 0 0911/11/2004 14,817.4157 14,817.4157 A ~~582000111 111 0 09/11/2004 14,936.03 14,936.03 A~~ 502744605 113 0 0911/11/2004 14,011.5569 14,011.5569 A 582000114 114 0 0911/11/2004 14,899.4870 14,899.4870 A 582000116 116 0 0911/11/2004 17,~~381~~382.8929 17,~~381~~382.8929 A 310100020 117 0 0911/11/2004 13,118.0824 13,118.0824 A 582000118 118 0 0911/11/2004 12,419.6076 12,419.6076 A 502751313 120 0 11/11/2004 13,233.15 13,233.15 A 310100003 123 0 0911/11/2004 10,445.5973 10,445.5973 A 582000125 125 0 0911/11/2004 14,~~794~~795.7620 14,~~794~~795.7620 A 502742418 126 0 0911/11/2004 12,~~761~~762.9307 12,~~761~~762.9307 A 310100044 128 0 0911/11/2004 7,147.6775 7,147.6775 A ~~582000129 129 0 09/01/2004 8,141.40 8,141.40 A~~ Totals 72 23,~~941~~146,~~833~~526.6570 23,~~941~~146,~~833~~526.6570

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 502737617 47,~~974~~876,~~928~~649.8239 0.00 502746711 30,~~782~~716,~~673~~557.91 0.00 502754321 26,500,000.00 0.00 502755016 25,000,000.00 0.00 502745113 23,447,625.55 0.00 502742421 19,~~136~~087,~~070~~977.0178 0.00 410100012 17,~~751~~697,~~075~~737.4978 0.00 310100033 15,~~082~~006,~~121~~716.4294 0.00 502744001 14,~~303~~272,~~723~~287.0050 0.00 ~~682000017~~582000020 1211,~~165~~427,~~682~~688.2141 0.00 ~~502750923~~310100041 1110,~~640~~400,~~448~~000.9500 0.00 502751708 10,~~023~~001,~~550~~834.0615 0.00 310100034 9,~~791~~770,~~868~~108.~~16 0.~~00 ~~582000029 9,796,956.85~~ 0.00 310100030 9,~~774~~753,~~848~~391.4596 0.00 310100021 8,~~965~~946,~~785~~506.3693 0.00 502751009 8,~~670~~652,~~689~~671.8022 0.00 ~~582000034~~310100024 8,~~592~~416,~~618~~966.8992 0.00 ~~310100024~~310100040 8,~~436~~600,~~631~~000.6400 0.00 310100032 7,~~835~~818,~~549~~350.9132 0.00 310100025 7,~~641~~623,~~387~~576.3928 0.00 502750015 7,~~653~~637,~~720~~815.6845 0.00 310100027 7,~~073~~056,~~076~~589.3995 0.00 502752321 7,220,000.00 0.00 682000043 76,~~013~~996,~~249~~885.3083 0.00 502758020 6,800,337.01 0.00 502742430 6,~~378~~362,~~689~~659.9418 0.00 502744604 6,~~378~~365,~~218~~448.4251 0.00 502747902 6,~~341~~328,~~533~~267.4910 0.00 ~~310100028~~582000050 6,~~056~~055,~~767~~698.8205 0.00 ~~310100031~~310100028 56,~~821~~042,~~813~~650.5025 0.00 ~~502748510~~310100031 5,~~777~~809,~~582~~034.3020 0.00 ~~502748213~~502748510 5,~~644~~764,~~537~~782.2635 0.00 ~~502754316~~502748213 5,~~489~~632,~~596~~930.0401 0.00 310100008 5,~~066~~053,~~800~~402.8398 0.00 582000062 4,~~882~~867,~~688~~725.2086 0.00 502749325 4,~~600~~589,~~025~~997.0421 0.00 502748502 4,~~400~~390,~~209~~216.2111 0.00 502748709 4,~~261~~253,~~864~~007.4484 0.00 502744302 4,~~232~~224,~~771~~428.0884 0.00 502754319 3,~~922~~914,~~624~~517.4585 0.00 502753401 3,~~922~~914,~~624~~517.4585 0.00 502751306 3,~~915~~907,~~963~~908.9201 0.00 502743602 3,~~789~~782,~~145~~325.6284 0.00 502753403 3,~~481~~474,~~329~~134.2565 0.00 310100026 3,~~462~~454,~~687~~615.0597 0.00 310100006 3,~~402~~393,~~878~~064.9325 0.00 502751771 3,~~162~~156,~~616~~080.0410 0.00 410100011 3,~~117~~108,~~335~~676.0609 0.00 582000089 3,~~128~~122,~~937~~334.2102 0.00 ~~582000091~~582000092 3,~~085~~028,~~649~~801.8935 0.00 502742420 2,~~970~~962,~~229~~764.5989 0.00 582000096 2,~~933~~926,~~148~~752.0103 0.00 310100018 2,~~916~~910,~~254~~345.1427 0.00 582000098 2,~~894~~888,~~492~~672.5978 0.00 582000101 2,~~843~~838,~~902~~025.6434 0.00 502750208 2,~~822~~816,~~021~~193.0344 0.00 502742414 2,~~678~~671,~~075~~345.9649 0.00 310100010 2,~~658~~650,~~853~~762.9104 0.00 502746701 2,~~630~~625,~~561~~058.9585 0.00 310100017 2,~~597~~592,~~559~~284.1284 0.00 ~~502750309 2,640,000.00 0.00~~ 502746826 2,~~412~~407,~~414~~428.0954 0.00 502747320 2,~~372~~368,~~926~~249.4269 0.00 ~~582000111~~502744605 2,~~281~~252,~~464~~896.2026 0.00 ~~502744605~~582000114 2,~~257~~228,~~367~~248.8724 0.00 ~~582000114~~582000116 2,~~235~~110,~~075~~724.2554 0.00 ~~582000116~~310100020 2,~~123~~152,~~072~~986.2952 0.00 ~~310100020~~582000118 2,~~157~~147,~~444~~845.9212 0.00 ~~582000118~~502751313 2,~~152~~029,~~777~~165.5881 0.00 310100003 1,~~761~~757,~~550~~694.9297 0.00 582000125 1,~~624~~611,~~667~~452.3522 0.00 502742418 1,~~704~~699,~~230~~947.1614 0.00 310100044 1,~~176~~174,~~738~~301.1920 0.00 ~~582000129 949,539.00 0.00~~ Totals ~~481~~522,~~845~~548,~~912~~644.4097 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = A (72 loans) 23,~~941~~146,~~833~~526.6570 23,~~941~~146,~~833~~526.6570 ~~481~~522,~~845~~548,~~912~~644.4097 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