8-K 1 fba01c01_10501.txt 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: January 18, 2005 (Date of earliest event reported) Commission File No.: 333-53266-01 First Union National Bank - Bank of America, N.A Commercial Mortgage Pass-Through Certificates Series 2001-C1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-7137420 52-2289281 52-2889282 (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 January 18, 2005, a distribution was made to holders of First Union National Bank - Bank of America, N.A, Commercial Mortgage Pass-Through Certificates, Series 2001-C1. 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 2001-C1, relating to the January 18, 2005 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. First Union National Bank - Bank of America, N.A Commercial Mortgage Pass-Through Certificates Series 2001-C1 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: January 18, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C1, relating to the January 18, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union National Bank - Bank of America, N.A Commercial Mortgage Pass-Through Certificates Series 2001-C1 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: January 18, 2005 Record Date: December 31, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 Specially Serviced Loan Detail 20 - 22 Modified Loan Detail 23 Liquidated Loan Detail 24 Underwriter First Union Securities, Inc 201 South College Street Charlotte, NC 28288 Contact: William J. Cohane Phone Number: (704) 383-4984 Underwriter Banc of America Securities LLC 100 North Tryon Street Charlotte, NC 28255 Contact: David Gertner Phone Number: (704) 388-3621 Master Servicer First Union National Bank Charlotte Plaza, Floor 23 NC-1075 201 South College Street Charlotte, NC 28288 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer ARCap Servicing, Inc. 5605 N. MacArthur Blvd, Ste. 950 Irving, TX 75038 Contact: Lindsey B. Wright Phone Number: (972) 215-5329 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 2005, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 337368AA2 5.711000% 167,224,000.00 8988,~~857~~689,~~358~~228.6248 1936,~~168,130~~657.1455 ~~427~~422,~~646~~086.1582 A-2 337368AB0 6.136000% 793,233,000.00 793,233,000.00 0.00 4,056,064.74 A-2F 337368AW4 2.~~420000~~710000% 60,000,000.00 60,000,000.00 0.00 ~~121~~140,~~000~~016.0067 B 337368AC8 6.315000% 52,331,000.00 52,331,000.00 0.00 275,391.89 C 337368AD6 6.403000% 26,166,000.00 26,166,000.00 0.00 139,617.42 D 337368AE4 6.484000% 26,165,000.00 26,165,000.00 0.00 141,378.22 E 337368AF1 6.624000% 16,354,000.00 16,354,000.00 0.00 90,274.08 F 337368AG9 6.838000% 13,082,000.00 13,082,000.00 0.00 74,545.60 G 337368AH7 6.936000% 26,166,000.00 26,166,000.00 0.00 151,239.48 H 337368AJ3 7.039000% 16,354,000.00 16,354,000.00 0.00 95,929.84 J 337368AK0 6.000000% 19,624,000.00 19,624,000.00 0.00 98,120.00 K 337368AL8 6.000000% 16,353,000.00 16,353,000.00 0.00 81,765.00 L 337368AM6 6.000000% 13,083,000.00 13,083,000.00 0.00 65,415.00 M 337368AN4 6.000000% 6,541,000.00 6,541,000.00 0.00 32,705.00 N 337368AP9 6.000000% 9,812,000.00 9,812,000.00 0.00 49,060.00 O 337368AQ7 6.000000% 13,083,000.00 13,083,000.00 0.00 65,415.00 P 337368AR5 6.000000% 6,542,000.00 6,542,000.00 0.00 32,710.00 Q 337368AS3 6.000000% 26,165,728.54 10,919,396.32 0.00 27,~~966~~969.0467 R-I N/A 0.000000% 0.00 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 1,308,278,728.54 1,~~215~~214,~~665~~497,~~754~~624.9480 1936,~~168,130~~657.1455 6,~~026~~039,~~243~~704.4643

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 337368AA2 0.00 0.00 1,~~595~~358,~~776~~744.2937 8887,~~689~~752,~~228~~570.4893 22.4446% A-2 337368AB0 0.00 0.00 4,056,064.74 793,233,000.00 22.4446% A-2F 337368AW4 0.00 0.00 ~~121~~140,~~000~~016.0067 60,000,000.00 22.4446% B 337368AC8 0.00 0.00 275,391.89 52,331,000.00 18.1315% C 337368AD6 0.00 0.00 139,617.42 26,166,000.00 15.9899% D 337368AE4 0.00 0.00 141,378.22 26,165,000.00 13.8384% E 337368AF1 0.00 0.00 90,274.08 16,354,000.00 12.4849% F 337368AG9 0.00 0.00 74,545.60 13,082,000.00 11.4041% G 337368AH7 0.00 0.00 151,239.48 26,166,000.00 9.25% H 337368AJ3 0.00 0.00 95,929.84 16,354,000.00 7.9091% J 337368AK0 0.00 0.00 98,120.00 19,624,000.00 6.29% K 337368AL8 0.00 0.00 81,765.00 16,353,000.00 4.94% L 337368AM6 0.00 0.00 65,415.00 13,083,000.00 3.86% M 337368AN4 0.00 0.00 32,705.00 6,541,000.00 3.3233% N 337368AP9 0.00 0.00 49,060.00 9,812,000.00 2.5152% O 337368AQ7 0.00 0.00 65,415.00 13,083,000.00 1.44% P 337368AR5 0.00 0.00 32,710.00 6,542,000.00 0.90% Q 337368AS3 0.00 0.00 27,~~966~~969.0467 10,919,396.32 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 76,~~194~~976,~~373~~361.6098 1,~~214~~213,~~497~~560,~~624~~967.8025

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 337368AT1 0.~~714966~~713525% 392,483,618.56 364,~~699~~349,~~726~~287.4844 ~~217~~216,~~289~~643.8148 IO-II 337368AU8 1.~~733213~~733166% 216,976,777.50 216,976,777.50 313,~~389~~380.2372 IO-III 337368AV6 1.~~746135~~745657% 915,795,109.98 850,~~966~~148,~~028~~337.4636 1,~~238~~236,~~251~~723.0814

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 337368AT1 0.00 ~~217~~216,~~289~~643.8148 364,~~349~~068,~~287~~290.4417 IO-II 337368AU8 0.00 313,~~389~~380.2372 216,976,777.50 IO-III 337368AV6 0.00 1,~~238~~236,~~251~~723.0814 ~~850~~849,~~148~~492,~~337~~677.3608 (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 337368AA2 ~~537~~530.~~34726247~~36184088 65.~~98542159~~60121484 2.~~55732520~~52408040 0.00000000 0.00000000 ~~530~~524.~~36184088~~76062605 A-2 337368AB0 1,000.00000000 0.00000000 5.11333333 0.00000000 0.00000000 1,000.00000000 A-2F 337368AW4 1,000.00000000 0.00000000 2.~~01666667~~33361117 0.00000000 0.00000000 1,000.00000000 B 337368AC8 1,000.00000000 0.00000000 5.26250005 0.00000000 0.00000000 1,000.00000000 C 337368AD6 1,000.00000000 0.00000000 5.33583352 0.00000000 0.00000000 1,000.00000000 D 337368AE4 1,000.00000000 0.00000000 5.40333346 0.00000000 0.00000000 1,000.00000000 E 337368AF1 1,000.00000000 0.00000000 5.52000000 0.00000000 0.00000000 1,000.00000000 F 337368AG9 1,000.00000000 0.00000000 5.69833359 0.00000000 0.00000000 1,000.00000000 G 337368AH7 1,000.00000000 0.00000000 5.78000000 0.00000000 0.00000000 1,000.00000000 H 337368AJ3 1,000.00000000 0.00000000 5.86583344 0.00000000 0.00000000 1,000.00000000 J 337368AK0 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 K 337368AL8 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 L 337368AM6 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 M 337368AN4 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 N 337368AP9 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 O 337368AQ7 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 P 337368AR5 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 Q 337368AS3 417.31673182 0.00000000 1.~~06880418~~06894291 0.00000000 0.00000000 417.31673182 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO-I 337368AT1 ~~929~~928.~~21005931~~31718373 0.~~55362772~~55198095 0.00000000 ~~928~~927.~~31718373~~60123723 IO-II 337368AU8 1,000.00000000 1.~~44434457~~44430535 0.00000000 1,000.00000000 IO-III 337368AV6 ~~929~~928.~~21005931~~31718372 1.~~35210493~~35043650 0.00000000 ~~928~~927.~~31718372~~60123724

Reconciliation Detail Advance Summary P & I Advances Outstanding 1,~~159~~405,~~212~~758.2479 Servicing Advances Outstanding ~~217~~308,~~521~~750.6028 Reimbursement for Interest on Advances 0.00 paid from general collections Aggregate amount of Nonrecoverable Advances 0.00 Current 1 Month LIBOR 12.~~99000~~28000%

Servicing Fee Breakdowns Current Period Accrued Servicing Fees 83,~~465~~379.3169 Less Delinquent Servicing Fees 24,~~233~~263.1894 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 21,~~107~~084.9841 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 8380,~~340~~200.1116

Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Additional Interest Remaining Unpaid Certificate Prepayment Certificate Certificate Trust Fund Distribution Distributable Interest Interest Interest Interest Expenses Certificate Shortfall Adjustment Interest A-1 ~~427~~422,~~646~~086.1582 0.00 ~~427~~422,~~646~~086.1582 0.00 0.00 ~~427~~422,~~646~~086.1582 0.00 A-2 4,056,064.74 0.00 4,056,064.74 0.00 0.00 4,056,064.74 0.00 A-2F ~~121~~140,~~000~~016.0067 0.00 ~~121~~140,~~000~~016.0067 0.00 0.00 ~~121~~140,~~000~~016.0067 0.00 IO-I ~~217~~216,~~289~~643.8148 0.00 ~~217~~216,~~289~~643.8148 0.00 0.00 ~~217~~216,~~289~~643.8148 0.00 IO-II 313,~~389~~380.2372 0.00 313,~~389~~380.2372 0.00 0.00 313,~~389~~380.2372 0.00 IO-III 1,~~238~~236,~~251~~723.0814 0.00 1,~~238~~236,~~251~~723.0814 0.00 0.00 1,~~238~~236,~~251~~723.0814 0.00 B 275,391.89 0.00 275,391.89 0.00 0.00 275,391.89 0.00 C 139,617.42 0.00 139,617.42 0.00 0.00 139,617.42 0.00 D 141,378.22 0.00 141,378.22 0.00 0.00 141,378.22 0.00 E 90,274.08 0.00 90,274.08 0.00 0.00 90,274.08 0.00 F 74,545.60 0.00 74,545.60 0.00 0.00 74,545.60 0.00 G 151,239.48 0.00 151,239.48 0.00 0.00 151,239.48 0.00 H 95,929.84 0.00 95,929.84 0.00 0.00 95,929.84 0.00 J 98,120.00 0.00 98,120.00 0.00 0.00 98,120.00 0.00 K 81,765.00 0.00 81,765.00 0.00 0.00 81,765.00 0.00 L 65,415.00 0.00 65,415.00 0.00 0.00 65,415.00 0.00 M 32,705.00 0.00 32,705.00 0.00 0.00 32,705.00 0.00 N 49,060.00 0.00 49,060.00 0.00 0.00 49,060.00 0.00 O 65,415.00 0.00 65,415.00 0.00 0.00 65,415.00 0.00 P 32,710.00 0.00 32,710.00 0.00 0.00 32,710.00 0.00 Q 54,596.98 0.00 54,596.98 0.00 26,~~630~~627.9431 27,~~966~~969.0467 ~~139~~166,~~586~~213.0839 Total 7,~~821~~833,~~804~~079.5208 0.00 7,~~821~~833,~~804~~079.5208 0.00 26,~~630~~627.9431 7,~~795~~806,~~173~~451.5877 ~~139~~166,~~586~~213.0839

Other Required Information Available Distribution Amount (1) 8,~~963~~743,~~303~~109.7232 Net Payments Made to Swap Counterparty 0166,783.0033 Net Payments Received by Swap Counterparty 0.00 Aggregate Number of Outstanding Loans 178 Aggregate Unpaid Principal Balance of Loans 1,~~214~~213,~~677~~771,~~660~~336.0455 Aggregate Stated Principal Balance of Loans 1,~~214~~213,~~497~~560,~~624~~967.8025 Aggregate Amount of Servicing Fee 8380,~~340~~200.1116 Aggregate Amount of Special Servicing Fee 3,~~090~~086.1047 Aggregate Amount of Trustee Fee 2,~~228~~226.7258 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0269,515.0062 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 4.02(a)(xxxii),(xxxiv) The Swap contract is in effect and there was no Rating Agency Trigger Event or Swap Default during the current period. (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount Loan Appraisal Cumulative Current Date Appraisal Number Reduction ASER ASER Reduction Effected Amount Amount Effected 600000044 3,942,477.80 5978,~~137~~849.1756 19,712.39 10/12/2004 265330949 33,581.01 ~~335~~503.8273 167.91 09/13/2004 265330996 799,272.85 2024,~~014~~010.5995 3,996.36 08/11/2004 Total 4,775,331.66 79103,~~487~~364.5824 23,876.66

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 8,354,984.28 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 8,354,984.28 Principal: Scheduled Principal 936,657.55 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 936,657.55 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 9,291,641.83 Total Funds Distributed Fees: Master Servicing Fee 83,379.69 Trustee Fee 2,226.58 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 85,606.27 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 23,540.84 Special Servicing Fee 3,086.47 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 26,627.31 Interest Reserve Deposit 269,515.62 Payments to Certificateholders & Others: Interest Distribution 7,806,451.77 Principal Distribution 936,657.55 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 166,783.33 Total Payments to Certificateholders & Others 8,909,892.65 Total Funds Distributed 9,291,641.85

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. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP Below 2,000,000 35 47,~~353~~309,~~011~~765.1776 3.90 6968 8.2971 1.~~424684~~402306 2,000,001 to 4,000,000 49 137,~~244~~133,~~494~~322.5070 11.30 6766 8.1391 1.~~353972~~340006 4,000,001 to 6,000,000 22 111,~~768~~687,~~188~~422.3980 9.20 7069 8.1532 1.~~510616~~475174 6,000,001 to 8,000,000 21 145,~~147~~023,~~408~~016.8452 11.95 6867 7.9550 1.~~406718~~390226 8,000,001 to 10,000,000 15 132,~~913~~810,~~140~~144.9347 10.94 7069 8.~~0567~~0566 1.~~481243~~487167 10,000,001 to 15,000,000 17 209,~~262~~144,~~624~~247.5189 17.23 7170 7.~~9356~~9355 1.~~431633~~439535 15,000,001 to 20,000,000 6 107,~~949~~876,~~397~~521.1754 8.89 7170 7.8658 1.~~042937~~187250 20,000,001 to 25,000,000 7 166,~~940~~779,~~693~~958.0308 13.7574 6665 7.7960 1.~~450512~~385899 25,000,001 to 30,000,000 2 51,~~480~~429,~~097~~501.0347 4.24 7069 8.0818 1.~~979734~~979589 30,000,001 to 35,000,000 0 0.00 0.00 0 0.0000 0.000000 35,000,001 to 40,000,000 1 39,~~106~~077,~~313~~147.9532 3.22 7271 7.7500 0.930000 40,000,001 to 45,000,000 0 0.00 0.00 0 0.0000 0.000000 45,000,001 and greater 1 48,~~326~~292,~~249~~728.4915 3.98 7069 8.0665 1.680000 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP Alabama 1 1,~~540~~538,~~733~~710.69 0.13 7271 7.8200 1.540000 Arizona 6 36,~~118~~093,~~927~~819.5639 2.97 6968 8.0942 1.~~444413~~426569 California 34 243,~~720~~511,~~404~~933.0397 20.07 7069 7.9851 1.~~454622~~465232 Connecticut 2 8,~~513~~507,~~493~~530.9681 0.70 6867 8.~~2250~~2249 1.~~563648~~563656 Delaware 1 11,~~535~~524,~~379~~823.4167 0.95 7069 8.3270 1.090000 Florida 20 110,~~573~~475,~~351~~980.1206 9.10 6766 7.8429 1.~~360146~~395672 Georgia 7 42,~~071~~042,~~224~~389.5094 3.46 7170 8.0699 1.~~282909~~266980 Hawaii 1 8,~~106~~101,~~726~~060.2429 0.67 7271 7.9800 1.650000 Idaho 2 5,~~809~~805,~~900~~825.2387 0.48 7069 8.0287 1.215332 Illinois 7 40,~~768~~728,~~080~~661.7185 3.36 6564 8.~~5190~~5189 1.~~341423~~335145 Iowa 2 5,~~368~~365,~~739~~042.9074 0.44 7372 8.0073 1.~~153617~~249002 Kentucky 1 24,~~585~~567,~~169~~926.6546 2.02 6665 8.1500 1.350000 Louisiana 5 23,~~954~~927,~~002~~239.5492 1.97 6160 7.9514 10.~~061439~~967787 Maryland 5 29,~~230~~205,~~571~~968.2051 2.41 6968 8.~~0488~~0487 1.~~846511~~844466 Michigan 6 25,~~346~~322,~~228~~783.6601 2.09 7170 8.0894 1.~~547633~~294840 Minnesota 1 4,~~630~~624,~~349~~457.3890 0.38 7170 8.0400 1.270000 Missouri 3 16,~~560~~544,~~982~~761.5332 1.36 6968 8.~~0676~~0677 1.~~559954~~587172 Montana 1 854,~~761~~265.9175 0.07 7170 8.6250 1.~~470000~~430000 Nevada 7 48,~~983~~949,~~047~~673.7054 4.03 6867 8.1231 0.~~593707~~788949 New Hampshire 1 8,~~219~~214,~~750~~153.0715 0.68 7069 8.1300 1.010000 New Jersey 12 61,~~152~~094,~~010~~776.8702 5.0403 7069 8.2737 1.~~270087~~299778 New Mexico 1 2,~~833~~831,~~763~~880.1224 0.23 6261 8.4700 10.~~200000~~880000 New York 6 28,~~053~~024,~~312~~255.9433 2.31 6867 8.~~0795~~0794 1.~~626549~~635622 North Carolina 11 107,~~948~~879,~~249~~650.0785 8.89 7271 7.~~7380~~7379 1.~~247904~~133725 Ohio 2 5,~~505~~502,~~402~~085.9778 0.45 7069 8.0417 1.~~653402~~703312 Oklahoma 2 8,~~836~~829,~~697~~066.2038 0.73 6766 8.~~6477~~6476 1.~~893164~~821926 Pennsylvania 3 34,~~295~~270,~~023~~216.3668 2.82 7170 8.~~1505~~1504 1.146369 South Carolina 6 13,~~251~~240,~~092~~212.9639 1.09 7069 8.0792 1.~~302520~~302473 Tennessee 4 18,~~248~~244,~~509~~148.8935 1.50 7069 7.~~5486~~5485 12.~~977331~~102451 Texas 7 74,~~429~~369,~~410~~535.5973 6.13 6564 7.~~9103~~9104 1.~~537169~~535646 Virginia 12 124,~~441~~391,~~336~~673.7693 10.25 7271 7.~~7605~~7604 1.~~783139~~787132 Washington 3 2221,~~004~~979,~~984~~266.2818 1.81 7069 8.~~0163~~0164 1.~~725355~~725301 Totals 184 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP 1.19 or less 5256 ~~406~~418,~~906~~089,~~453~~349.6570 3334.5045 7069 8.~~0359~~0404 0.~~886271~~897141 1.20 to 1.24 1211 3236,~~631~~769,~~296~~092.7825 23.6903 6263 8.~~1616~~1295 1.~~221078~~214846 1.25 to 1.29 87 4344,~~723~~983,~~464~~623.6003 3.6071 71 87.~~0277~~9138 1.~~269634~~270902 1.30 to 1.34 67 3129,~~808~~103,~~499~~650.6402 2.6240 7068 8.~~1278~~2996 1.~~321454~~330303 1.35 to 1.39 1213 9697,~~228~~626,~~558~~426.3302 78.9204 7069 7.~~9486~~9531 1.~~364304~~363256 1.40 to 1.44 6 1512,~~339~~550,~~782~~947.5508 1.2603 7169 8.~~1428~~2024 1.~~425873~~424962 1.45 to 1.49 64 1310,~~650~~200,~~403~~297.9237 10.1284 71 8.~~2221~~0745 1.~~471879~~472947 1.50 to 1.54 8 5655,~~872~~693,~~778~~300.1478 4.6859 7170 8.~~0561~~0323 1.~~525148~~528435 1.55 to 1.59 97 2621,~~079~~135,~~481~~483.2377 21.1574 7068 8.~~3002~~3973 1.~~577297~~577008 1.60 to 1.64 76 2931,~~969~~082,~~930~~989.4114 2.4756 7170 8.~~2952~~2876 1.~~618800~~616339 1.65 to 1.69 67 ~~128~~131,~~512~~999,~~127~~759.9200 10.5888 6564 7.~~7879~~7931 1.~~670547~~670258 1.70 to 1.74 75 3414,~~343~~871,~~597~~158.0210 21.8323 7170 7.~~7485~~9505 1.~~724495~~729633 1.75 to 1.79 36 2941,~~389~~847,~~702~~495.3097 23.4245 7170 7.~~7761~~6857 1.~~787627~~777500 1.80 to 1.89 139 ~~104~~90,~~364~~376,~~249~~565.6086 87.5945 6968 7.~~8401~~7864 1.~~836733~~830199 1.90 and greater 2124 ~~147~~160,~~671~~233,~~292~~638.9261 1213.1620 6968 8.~~0053~~0190 2.~~242698~~229466 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP Health Care 1 9,~~606~~595,~~799~~199.9780 0.79 5958 8.8900 2.~~230000~~210000 Industrial 9 59,~~299~~251,~~434~~141.6269 4.88 7271 7.9235 1.~~243715~~161028 Lodging 15 106,~~920~~787,~~975~~104.4744 8.80 6968 8.2504 1.~~590707~~489779 Mixed Use 2 6,~~297~~293,~~730~~638.2302 0.52 7170 8.2500 1.~~859103~~731412 Mobile Home Park 1 854,~~761~~265.9175 0.07 7170 8.6250 1.~~470000~~430000 Multi-Family 56 381,~~373~~156,~~407~~033.7492 31.4041 7170 7.~~8853~~8852 1.~~207010~~247511 Office 32 ~~309~~308,~~007~~756,~~603~~000.7764 25.44 7069 8.0286 1.~~468521~~461159 Retail 66 ~~324~~323,~~130~~870,~~905~~392.3044 26.69 6766 7.9659 1.~~556949~~561467 Totals 184 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP 7.499% or less 13 154,~~964~~898,~~983~~586.0480 12.76 6766 7.3219 1.~~795278~~814628 7.500% to 7.749% 9 44,~~900~~861,~~013~~817.8442 3.70 7170 7.6353 1.~~427622~~419553 7.750% to 7.999% 41 341,~~873~~590,~~625~~902.0466 28.15 7069 7.8686 1.~~309243~~259854 8.000% to 8.249% 54 439,~~946~~594,~~472~~024.41 36.22 7069 8.0924 1.~~381979~~406459 8.250% to 8.499% 37 132,~~881~~771,~~551~~442.6068 10.94 6968 8.3224 1.~~253597~~265901 8.500% to 8.749% 11 32,~~347~~324,~~346~~930.7366 2.66 6564 8.6570 1.~~611890~~608846 8.750% to 8.999% 4 21,~~170~~146,~~589~~431.7137 1.74 6059 8.8718 1.~~223181~~214087 9.000% and greater 7 29,~~407~~375,~~036~~640.6470 2.42 6968 9.0236 1.852167 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 0 0.00 0.00 0 0.0000 0.000000 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 5130 ~~392~~208,~~527~~613,~~929~~824.4217 3217.3219 7372 7.~~7514~~6935 1.~~328035~~461022 49 months and greater ~~125~~146 ~~804~~987,~~963~~949,~~689~~952.5953 6681.2841 67 8.~~1050~~0514 1.~~460550~~405706 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

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. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP 65 months or less 2529 ~~152~~182,~~457~~737,~~272~~823.4187 1215.5506 58 8.~~0242~~0489 1.~~524788~~498953 66 to 96 months ~~151~~147 1,~~045~~013,~~034~~825,~~346~~952.6083 8683.0554 7170 7.~~9839~~9783 1.~~401404~~400280 97 to 108 months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP Interest Only 9 91,750,000.00 7.5556 7372 7.3369 1.~~866076~~895777 180 months or less 1 ~~723~~720,~~892~~581.8510 0.06 6968 8.1300 2.640000 181 to 228 months 3 12,~~988~~963,~~343~~470.1663 1.07 5150 7.~~5542~~5541 1.~~580040~~585608 229 to 240 months 56 2933,~~979~~928,~~573~~857.4482 2.4780 5756 8.~~4755~~5525 1.~~138026~~144154 241 to 252 months 4241 ~~255~~250,~~287~~997,~~226~~082.8108 2120.0268 69 8.~~2027~~1880 1.~~525090~~483696 253 to 288 months 1 23,~~526~~503,~~716~~128.8963 1.94 5554 7.3750 1.670000 289 to 300 months 69 3542,~~860~~472,~~291~~296.8831 23.9550 56 7.~~6444~~8026 1.~~493382~~406516 301 to 336 months ~~109~~106 ~~747~~740,~~375~~228,~~573~~360.9813 61.5400 70 8.~~0200~~0143 1.~~320672~~333305 347 to 348 months 0 0.00 0.00 0 0.0000 0.000000 349 and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Defeased 2 1716,~~006~~997,~~005~~190.7955 1.40 6968 7.9800 NAP 1 year or less ~~166~~145 1991,~~134~~296,~~610,535~~190.9062 9381.4268 69 7.~~9802~~9729 1.~~408336~~396505 1 to 2 years 928 59198,~~278~~894,~~094~~698.0816 416.8839 66 8.~~1426~~0559 1.~~614714~~515086 2 years or greater 1 3 6,~~602~~372,~~989~~887.0392 0.3053 7168 8.~~2500~~4104 01.~~930000~~233916 Totals 178 1,~~214~~213,~~497~~560,~~624~~967.8025 100.00 6968 7.~~9890~~9889 1.~~423301~~421565 (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 600000001 1 OF Arlington VA ~~325~~335,~~149~~681.2151 4433,~~053~~521.6434 8.066% 265950417 3 OF Emeryville CA ~~252~~260,~~802~~980.7933 3729,~~344~~166.1763 7.750% 600000004 4 OF Irving TX ~~179~~184,~~098~~903.7008 2317,~~564~~760.6628 8.160% 600000005 5 LO Various Various ~~168~~173,~~025~~363.2714 3832,~~173~~835.1528 8.000% 255999835 6 LO Charlotte NC ~~159~~164,~~496~~556.8933 3833,~~329~~270.8339 7.790% 600000007 7 OF Louisville KY ~~167~~172,~~128~~540.1409 2217,~~655~~243.1419 8.150% 600000008 8 LO Various Various ~~160~~165,~~276~~368.8455 3631,~~412~~321.8110 8.000% 265330983 9 RT East Caln Township PA ~~164~~169,~~486~~815.0764 2216,~~006~~676.1053 8.090% 600000010 10 RT Sherman TX ~~144~~149,~~764~~410.8199 2823,~~234~~588.4426 7.375% 600000011 11 OF Santa Clara CA ~~151~~156,~~818~~731.9806 2117,~~947~~035.8678 7.860% 600000012 12 RT St. Augustine FL ~~137~~142,~~853~~285.0642 2621,~~032~~599.0670 7.260% 265950323 13 MF Brandon FL ~~128~~132,~~640~~803.1970 1814,~~324~~161.6413 7.890% 265950318 14 MF Las Vegas NV ~~127~~131,~~266~~392.4578 1612,~~472~~346.4916 8.170% 265950396 15 MF Jacksonville FL ~~119~~123,~~665~~554.8035 1411,~~992~~103.5196 7.770% 600000016 16 OF Seattle WA ~~115~~119,~~746~~423.5282 2622,~~427~~749.2696 7.950% 600000017 17 RT Phoenix AZ ~~117~~121,~~358~~157.2263 1612,~~313~~514.8342 8.010% 265950379 18 MF Charlotte NC 99102,~~531~~848.2596 0.00 7.350% 265950402 19 RT Jacksonville NC 97100,~~343~~495.6984 1310,~~600~~447.1095 7.910% 265950389 20 MF Charlottesville VA 9194,~~875~~937.0050 0.00 7.350% 600000021 21 MF Las Vegas NV 97100,~~367~~520.8899 1310,~~324~~171.8675 8.060% 600000022 22 RT Fountain Valley CA 98101,~~042~~225.1728 118,~~392~~209.2817 8.660% 265330956 23 OF Sacramento CA 8790,~~812~~601.3561 2017,~~056~~267.5024 7.980% 265330957 24 OF Morristown NJ 8588,~~737~~530.1800 96,~~471~~678.0321 7.980% 265950371 25 MF Norcross GA 8285,~~857~~619.5042 05,970.0019 7.860% 265950373 26 MF Durham NC 8386,~~463~~245.2536 0.00 7.930% 265950452 27 IN Greenville NC 7981,~~015~~572.9836 119,~~610~~053.1779 7.750% 265950333 28 MF San Diego CA 7881,~~479~~022.9190 108,~~558~~015.7980 8.030% 265950325 29 MF Franklin TN 7274,~~500~~916.0067 0.00 7.250% 265950364 30 IN Hayward CA 7982,~~629~~220.1383 96,~~008~~417.9020 8.070% 600000031 31 MF Newark DE 8082,~~137~~714.0512 1310,~~132~~555.8174 8.327% 265950332 32 MF San Diego CA 7578,~~885~~344.5446 107,~~209~~750.7381 8.030% 265330997 33 MF Houston TX 7477,~~815~~239.3761 97,~~978~~553.0278 8.100% 600000034 34 MF Edgewater Park NJ 7376,~~878~~254.6647 129,~~107~~731.1938 8.327% 265950380 35 MF Virginia Beach VA 6466,~~312~~456.5025 0.00 7.350% 265330990 36 MF Shreveport LA 6769,~~411~~593.5398 97,~~414~~231.2782 7.970% 355132465 37 RT Clinton MD 5860,~~876~~775.9992 108,~~193~~294.3643 7.250% 600000038 38 HC Swansea IL 7173,~~273~~542.1372 1311,~~869~~600.7617 8.890% 600000039 39 OF Augusta GA 6567,~~274~~390.4797 86,~~349~~233.6616 8.250% 265950376 40 MF Richmond VA 5860,~~187~~127.5008 0.00 7.350% 265950388 41 MF Richmond VA 5860,~~187~~127.5008 0.00 7.350% 265950406 42 RT Bradley IL 6264,~~186~~202.2201 86,~~184~~169.8102 8.100% 265950351 43 IN San Jose CA 5657,~~054~~866.3380 86,~~535~~723.8437 7.620% 600000044 44 LO Elmhurst IL 6365,~~829~~862.1200 1210,~~434~~401.1527 8.850% 265330842 45 LO Linthicum MD 6466,~~383~~442.1791 119,~~144~~084.5076 9.000% 600000046 46 OF Santa Clara CA 5557,~~919~~696.7315 1211,~~889~~112.1876 7.890% 600000047 47 RT Ridgefield NJ 5759,~~763~~601.7028 1210,~~536~~698.5092 8.140% 265950310 48 MF Brooklyn NY 5657,~~040~~855.6443 75,~~736~~921.2445 7.990% 600000049 49 OF Bedford NH 5557,~~738~~545.9610 75,~~403~~596.0692 8.130% 600000050 50 OF Westport CT 5557,~~575~~376.1306 75,~~295~~494.2128 8.210% 265950399 51 RT Aiea HI 5355,~~959~~706.0372 75,~~413~~665.6495 7.980% 265950374 52 RT Encinitas CA 5455,~~203~~960.6034 75,~~139~~382.0834 8.140% 600000053 53 OF Hempstead NY 5254,~~848~~530.8936 119,~~325~~643.1467 8.220% 265950385 54 MF Glen Allen VA 4950,~~000~~633.0033 0.00 7.350% 600000055 55 IN Troy MI 4951,~~968~~587.8741 65,~~843~~225.8733 7.990% 600000056 56 RT Newark CA 4344,~~548~~910.2270 1412,~~276~~913.3385 7.250% 265950339 57 MF Pine Hill NJ 5254,~~923~~625.4740 86,~~673~~971.0613 8.327% 265950412 58 RT Boone NC 4647,~~142~~633.0533 75,~~206~~715.5729 7.540% 265331002 59 MF Harrisonburg VA 4648,~~535~~040.1064 65,~~837~~332.6107 7.750% 600000060 60 RT West Islip NY 4546,~~425~~893.9347 65,~~973~~505.0955 7.770% 265950420 61 RT LasVegas NV 4849,~~017~~574.2549 64,~~144~~586.0783 8.190% 600000062 62 IN La Mirada CA 4547,~~650~~101.4529 108,~~206~~755.8096 8.060% 600000063 63 OF Palm Springs CA 4648,~~522~~028.2406 64,~~439~~933.7492 8.100% 265950343 64 MF Marlton NJ 4749,~~488~~015.4863 76,~~782~~255.3823 8.327% 600000065 65 MF New Orleans LA 4243,~~092~~419.6332 119,~~286~~960.9223 7.860% 265950340 66 MF Camden NJ 4445,~~507~~939.8818 75,~~293~~862.9363 8.327% 600000067 67 OF Clearwater FL 4041,~~346~~651.2527 54,~~978~~673.8179 7.740% 600000068 68 MF Dallas TX 4243,~~178~~543.2824 54,~~867~~502.5155 8.110% 600000069 69 MF West Lawn PA 4345,~~874~~285.9892 75,~~190~~779.2026 8.327% 600000070 70 RT Gilbert AZ 4243,~~316~~687.6090 54,~~531~~160.8454 8.240% 265331001 71 RT Sunnyvale CA 3940,~~068~~337.9210 53,~~240~~972.7254 7.560% 600000072 72 RT Norcross GA 4041,~~565~~879.8675 54,~~573~~259.5061 7.980% 265950316 73 RT Antioch CA 4142,~~462~~807.7297 53,~~129~~784.8762 8.340% 600000074 74 OF Parsippany NJ 3940,~~375~~650.6591 54,~~354~~079.9771 8.080% 265950383 75 MF Concord NC 3637,~~750~~975.00 0.00 7.350% 265950324 76 MF Phoenix AZ 3839,~~288~~528.6913 54,~~403~~163.0359 7.920% 265330839 77 LO Clearwater FL 4244,~~922~~295.1127 76,~~429~~056.6751 9.000% 600000078 78 OF St. Charles IL 4243,~~299~~672.3879 43,~~859~~486.8039 8.740% 265330958 79 RT Rancho Cordova CA 3738,~~658~~878.8780 53,~~101~~881.8188 8.050% 600000080 80 OF High Point NC 3536,~~343~~486.8645 54,~~349~~207.9334 7.714% 265950307 81 MF Riverside CA 3637,~~242~~417.9374 43,~~757~~582.7695 8.125% 265330849 82 LO Glen Allen VA 3940,~~345~~604.2700 65,~~810~~551.5380 9.000% 265950342 83 MF Eatontown NJ 3738,~~170~~365.3770 64,~~091~~896.4512 8.327% 265950375 85 MF Virginia Beach VA 3031,~~625~~645.0083 0.00 7.350% 265950314 86 MU Oklahoma City OK 3334,~~322~~403.9054 43,~~240~~159.4379 8.250% 600000087 87 OF Fresno CA 3132,~~197~~188.8891 76,~~161~~170.3633 7.930% 600000088 88 IN Burnsville MN 3132,~~069~~057.4345 65,~~879~~891.5048 8.040% 265950331 89 MF St. Joseph MI 3132,~~087~~094.9138 43,~~380~~373.1972 7.900% 600000090 90 MF Oakland Park FL 3031,~~805~~802.0367 43,~~221~~224.7612 8.030% 265330980 91 RT Orange CA 3132,~~936~~973.7201 32,~~926~~890.6839 8.360% 600000092 92 OF Coral Springs FL 2829,~~653~~581.6673 3,~~936~~008.8477 7.980% 600000093 93 MF St. Louis MO 2829,~~360~~280.9553 32,~~612~~692.0648 8.290% 600000094 94 RT Tulsa OK 3031,~~428~~400.8637 54,~~442~~471.5403 9.130% 600000095 95 RT Prince Frederick MD 2728,~~764~~662.2556 32,~~818~~920.4817 8.260% 265330955 96 OF Southgate KY 2728,~~435~~329.9060 32,~~030~~137.7303 7.980% 600000097 97 MF Freehold NJ 2829,~~419~~333.3223 43,~~657~~743.3443 8.327% 600000098 98 OF Santa Monica CA 2627,~~744~~611.9842 32,~~597~~730.0056 8.090% 600000099 99 RT Gilbert AZ 2627,~~883~~754.4967 32,~~514~~643.3416 8.240% 265330986 100 MF Conyers GA 2526,~~414~~241.8206 32,~~075~~249.9571 7.900% 600000101 101 RT Los Gatos CA 2425,~~504~~296.0657 32,~~558~~765.2372 7.930% 600000102 102 OF Columbia SC 25,~~036~~847.2234 32,~~356~~545.6452 8.100% 600000103 103 OF Suwanee GA 2425,~~371~~161.4007 32,~~275~~485.5992 8.050% 265330949 104 RT Allison Park PA 2425,~~792~~596.2423 32,~~154~~350.8889 8.250% 265330964 105 OF Glen Burnie MD 24,~~006~~788.4140 21,~~651~~869.8990 7.980% 265950433 106 RT Boca Raton FL 2122,~~958~~669.9930 32,~~257~~546.2291 7.720% 265330966 107 OF Shrewsbury MO 23,~~083~~835.0900 21,~~549~~797.8998 7.980% 265950407 108 IN North East MD 21,~~237~~924.4959 32,~~120~~433.5343 7.750% 600000109 109 RT Shelby NC 2223,~~525~~256.7613 2,~~853~~123.9457 8.340% 600000110 110 MF Naples FL 19,~~257~~857.1012 65,~~485~~885.2523 7.500% 600000111 111 RT Wilmington NC 2021,~~870~~546.3116 2,~~881~~205.0823 7.990% 600000112 112 RT Nampa ID 2021,~~696~~366.2847 2,~~854~~184.2405 8.010% 265330999 113 RT Spencer IA 20,~~251~~907.2152 2,~~699~~042.0877 8.060% 600000114 114 MF New Orleans LA 1819,~~641~~228.0256 4,~~998~~410.4995 7.860% 600000116 116 OF Yonkers NY 19,~~132~~721.0042 6,~~662~~073.8745 8.420% 265330954 117 MF Hialeah FL 1819,~~986~~601.1213 21,~~580~~965.2120 8.040% 600000118 118 RT Albuquerque NM 20,~~019~~668.5137 21,~~531~~882.7488 8.470% 265330978 119 RT Mentor OH 19,~~117~~736.2369 21,~~549~~930.6418 8.100% 600000120 120 RT Las Vegas NV 1819,~~995~~609.5565 2,~~706~~092.3323 8.190% 600000121 121 RT Boise ID 18,~~210~~800.9074 21,~~480~~890.1531 8.050% 265330840 122 LO Norcross GA 20,~~030~~671.3213 32,~~467~~826.1837 9.000% 265330965 123 OF Harrison OH 1718,~~806~~387.9500 1,~~967~~387.0601 7.980% 265330904 124 RT Commerce Township MI 17,~~396~~959.4397 21,~~377~~814.5804 7.980% 600000125 125 MF Temple City CA 1819,~~457~~055.1537 21,~~306~~707.0583 8.570% 600000126 126 MF New Orleans LA 16,~~235~~747.7345 43,~~353~~841.5280 7.860% 600000127 127 RT Ft Worth TX 1617,~~926~~474.1754 21,~~278~~730.7437 8.070% 265950327 128 IN Ft. Myers FL 17,~~063~~617.2313 21,~~048~~494.1020 8.437% 265330843 129 LO Warren MI 1718,~~884~~456.2136 32,~~095~~523.7055 9.000% 600000130 130 RT Myrtle Beach SC 16,~~123~~645.5890 21,~~175~~652.3199 8.080% 600000131 131 RT Ahoskie NC 16,~~147~~670.1355 21,~~098~~574.0866 8.200% 265331000 132 RT Clinton IA 1516,~~605~~111.6103 21,~~159~~654.8139 7.940% 265950302 133 MF Long Beach CA 15,~~024~~511.8621 21,~~169~~682.0368 7.750% 600000134 134 OF Mountain View CA 15,~~319~~807.9651 32,~~294~~806.2065 8.150% 600000135 135 RT Everett WA 1516,~~873~~388.2701 21,~~017~~503.7703 8.270% 600000136 136 RT Boiling Springs SC 1516,~~734~~244.4158 1,~~993~~483.5033 8.340% 600000137 137 RT Tumwater WA 1516,~~581~~087.8623 1,~~970~~465.4811 8.270% 265950355 138 RT Bristol VA 14,~~248~~709.5841 21,~~133~~672.6481 7.690% 600000139 139 RT Lenoir City TN 1415,~~983~~468.0471 1,~~936~~450.2861 8.260% 265330974 140 RT Verona VA 1415,~~780~~259.5568 1,~~926~~447.7259 8.173% 600000141 141 OF Las Vegas NV 14,~~472~~941.5438 1,~~957~~488.5874 8.055% 600000142 142 MF Florence SC 13,~~569~~999.0987 32,~~229~~799.9214 7.740% 265950438 143 RT Naperville IL 1314,~~741~~186.9150 21,~~019~~574.1657 7.750% 600000144 144 RT Crossville TN 1314,~~987~~440.9867 1,~~971~~518.4071 8.000% 265330996 145 MF Shreveport LA 1415,~~551~~023.5973 1,~~789~~317.9682 8.375% 600000146 146 RT Rowlett TX 15,~~117~~608.0819 1,~~668~~177.1302 8.910% 600000147 147 RT Knoxville TN 13,~~360~~793.4911 1,~~824~~392.8422 8.100% 600000148 148 RT Medford Township NJ 13,~~314~~744.1093 1,~~834~~403.6683 8.210% 600000149 149 OF Las Vegas NV 12,~~560~~967.7306 1,~~839~~433.4512 7.802% 265950401 150 OF Las Vegas NV 13,~~196~~624.9798 1,~~683~~255.3433 8.200% 600000151 151 RT Little River SC 12,~~497~~901.5595 1,~~802~~398.7838 7.850% 600000152 152 MF Fresno CA 1213,~~624~~033.3310 1,~~738~~329.4972 8.040% 600000153 153 IN Orlando FL 12,~~264~~654.4436 2,~~688~~298.0917 8.160% 600000154 154 RT Norfolk VA 1213,~~964~~377.5865 2,~~550~~137.2922 8.690% 265950345 155 MF Somerdale NJ 1213,~~809~~221.4740 21,~~099~~687.2128 8.327% 600000156 156 OF Wellington FL 1213,~~849~~266.9889 1,~~532~~115.2029 8.660% 600000157 157 RT Orlando FL 12,~~594~~996.5225 2,~~417~~015.0835 8.690% 600000158 158 OF Pasadena CA 12,~~301~~699.3670 1,~~626~~228.5420 8.360% 265950305 159 MF Pico Rivera CA 11,~~078~~438.9709 1,~~454~~095.3826 8.125% 600000160 160 RT Glendale AZ 11,~~513~~887.1308 ~~1,339~~965.5661 8.510% 600000161 161 RT Decatur AL 10,~~055~~375.7113 2,~~342~~023.4200 7.820% 265950329 162 RT Simi Valley CA 10,~~446~~779.4424 21,~~168~~835.7696 8.250% 265950319 163 MU Santa Monica CA 10,~~011~~336.7958 ~~1,257~~932.2142 8.250% 265950419 164 RT Tampa FL 9,~~485~~792.4659 1,~~329~~022.4027 7.900% 265950346 165 MF Thorofare NJ 9,~~577~~885.66 1,~~569~~261.58 8.327% 265330917 166 MF Moreno Valley CA 89,~~926~~216.9619 ~~1,208~~919.6138 8.010% 600000167 167 MF Brooklyn NY 9,~~526~~836.8712 ~~1,122~~812.2297 8.600% 265950320 168 RT Fresno CA 8,~~508~~779.4546 1,~~767~~496.4847 8.280% 265950336 169 RT Chicago IL 8,~~522~~799.9467 ~~1,009~~732.3764 8.480% 600000171 171 RT Chandler AZ 7,~~491~~734.7491 ~~904~~660.0285 8.420% 600000172 172 MF Detroit MI 67,~~998~~221.9597 1,~~406~~183.0907 8.490% 600000173 173 RT White Plains NY 6,~~143~~339.9040 1,~~296~~100.0252 8.330% 600000174 174 RT Atascadero CA 6,~~514~~722.3044 ~~1,188~~979.0288 8.800% 265950391 175 MF Orangeburg SC 6,~~347~~549.0063 1,~~203~~001.8421 8.625% 265950352 176 MH Helena MT 6,~~148~~348.6039 ~~695~~496.9516 8.625% 600000177 177 RT Los Angeles CA 6,~~427~~632.2284 ~~1,087~~881.5492 9.210% 600000178 178 RT Sarasota FL 45,~~927~~067.7685 3,~~451~~311.8475 8.130% 265950344 179 MF Clementon NJ 45,~~886~~043.1124 ~~800~~643.7461 8.327% 265950326 180 MF Coral Springs FL 4,~~063~~195.1905 ~~497~~365.2438 8.375% 265950315 181 MF Boca Raton FL 4,~~009~~139.0211 ~~490~~360.6152 8.375% 600000182 182 RT Bloomfield CT 2,~~831~~921.3158 ~~559~~468.1487 8.530% Totals 8,~~093~~354,~~298~~984.5228 1936,~~168,130~~657.1455

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 600000001 N/A 10/01/2010 N 48,370,303.13 48,326,249.49 12/01/2004 265950417 12/01/2010 12/01/2030 N 39,143,658.12 39,106,313.95 12/01/2004 600000004 N/A 10/01/2010 N 26,338,044.32 26,314,479.66 12/01/2004 600000005 N/A 09/01/2010 N 25,203,790.52 25,165,617.37 12/01/2004 255999835 N/A 09/01/2010 N 24,569,482.17 24,531,152.34 11/01/2004 600000007 N/A 06/01/2010 N 24,607,824.79 24,585,169.65 12/01/2004 600000008 N/A 09/01/2010 N 24,041,525.26 24,005,112.45 12/01/2004 265330983 N/A 11/01/2010 N 24,398,428.89 24,376,422.79 12/01/2004 600000010 N/A 07/01/2009 N 23,554,951.33 23,526,716.89 12/01/2004 600000011 N/A 10/01/2010 N 23,178,469.58 23,156,521.72 12/01/2004 600000012 N/A 10/01/2009 N 22,785,629.25 22,759,597.19 12/01/2004 265950323 N/A 11/01/2010 N 19,565,047.88 19,546,723.24 12/01/2004 265950318 N/A 12/01/2010 N 18,692,746.57 18,676,274.08 12/01/2004 265950396 N/A 12/01/2010 N 18,481,205.23 18,466,212.72 12/01/2004 600000016 N/A 10/01/2010 N 17,471,172.92 17,444,745.66 12/01/2004 600000017 N/A 09/01/2010 N 17,581,755.30 17,565,441.47 12/01/2004 265950379 N/A 01/01/2011 N 16,250,000.00 16,250,000.00 12/01/2004 265950402 N/A 01/01/2011 N 14,767,689.49 14,754,089.39 12/01/2004 265950389 N/A 01/01/2011 N 15,000,000.00 15,000,000.00 12/01/2004 600000021 N/A 09/01/2010 N 14,496,458.04 14,483,133.18 12/01/2004 600000022 N/A 05/01/2010 N 13,585,519.48 13,574,127.20 12/01/2004 265330956 N/A 09/01/2010 N 13,204,865.04 13,184,808.54 12/01/2004 265330957 N/A 09/01/2010 N 12,892,808.78 12,883,337.75 12/01/2004 265950371 N/A 12/01/2010 N 12,650,000.00 12,650,000.00 12/01/2004 265950373 N/A 12/01/2010 N 12,630,000.00 12,630,000.00 12/01/2004 265950452 N/A 01/01/2011 N 12,234,731.68 12,223,121.51 12/01/2004 265950333 N/A 01/01/2011 N 11,728,006.86 11,717,448.07 12/01/2004 265950325 N/A 12/01/2010 N 12,000,000.00 12,000,000.00 12/01/2004 265950364 N/A 01/01/2011 N 11,840,762.98 11,831,754.08 12/01/2004 600000031 10/01/2010 05/01/2028 N 11,548,512.22 11,535,379.41 12/01/2004 265950332 N/A 01/01/2011 N 11,340,304.25 11,330,094.52 12/01/2004 265330997 N/A 11/01/2010 N 11,083,757.87 11,073,779.85 12/01/2004 600000034 10/01/2010 05/01/2028 N 10,646,618.27 10,634,511.08 12/01/2004 265950380 N/A 01/01/2011 N 10,500,000.00 10,500,000.00 12/01/2004 265330990 N/A 10/01/2010 N 10,149,791.95 10,140,377.68 12/01/2004 355132465 N/A 12/01/2010 N 9,745,157.52 9,734,964.16 12/01/2004 600000038 N/A 11/01/2009 N 9,620,669.73 9,606,799.97 12/01/2004 600000039 N/A 10/01/2010 N 9,494,467.95 9,486,118.29 12/01/2004 265950376 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 12/01/2004 265950388 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 12/01/2004 265950406 N/A 01/01/2011 N 9,212,774.05 9,204,589.24 12/01/2004 265950351 N/A 02/01/2011 N 8,827,453.78 8,818,917.94 12/01/2004 600000044 N/A 12/01/2009 N 8,654,796.52 8,642,362.37 01/01/2004 265330842 N/A 10/01/2010 N 8,584,422.82 8,573,278.32 12/01/2004 600000046 N/A 11/01/2010 N 8,504,902.10 8,492,012.92 12/01/2004 600000047 N/A 10/01/2010 N 8,515,532.55 8,502,996.05 12/01/2004 265950310 N/A 11/01/2010 N 8,416,616.72 8,408,880.48 12/01/2004 600000049 N/A 10/01/2010 N 8,227,153.13 8,219,750.07 12/01/2004 600000050 N/A 08/01/2010 N 8,123,040.09 8,115,744.88 12/01/2004 265950399 N/A 12/01/2010 N 8,114,139.88 8,106,726.24 12/01/2004 265950374 N/A 11/01/2010 N 7,990,702.19 7,983,563.11 12/01/2004 600000053 N/A 09/01/2010 N 7,715,167.13 7,703,841.99 12/01/2004 265950385 N/A 01/01/2011 N 8,000,000.00 8,000,000.00 12/01/2004 600000055 N/A 12/01/2010 N 7,504,711.70 7,497,867.83 12/01/2004 600000056 N/A 11/01/2008 N 7,207,981.13 7,193,704.80 12/01/2004 265950339 10/01/2010 05/01/2028 N 7,626,775.94 7,618,102.88 12/01/2004 265950412 N/A 02/01/2011 N 7,343,562.62 7,336,356.05 12/01/2004 265331002 N/A 01/01/2011 N 7,205,434.97 7,198,597.36 12/01/2004 600000060 N/A 05/01/2010 N 7,015,588.08 7,008,614.99 12/01/2004 265950420 N/A 01/01/2011 N 7,035,494.03 7,029,349.96 12/01/2004 600000062 N/A 09/01/2010 N 6,796,592.73 6,786,385.93 12/01/2004 600000063 N/A 05/01/2010 N 6,892,183.50 6,885,743.76 12/01/2004 265950343 10/01/2010 05/01/2028 N 6,843,542.08 6,835,759.70 12/01/2004 600000065 N/A 04/01/2009 N 6,426,355.02 6,415,068.10 12/01/2004 265950340 10/01/2010 05/01/2028 N 6,414,010.06 6,406,716.13 12/01/2004 600000067 N/A 12/01/2010 N 6,255,232.17 6,249,253.36 12/01/2004 600000068 N/A 04/01/2010 N 6,240,928.66 6,235,061.15 12/01/2004 600000069 10/01/2010 05/01/2028 N 6,322,801.74 6,315,611.54 12/01/2004 600000070 N/A 07/01/2010 N 6,162,611.84 6,157,080.00 12/01/2004 265331001 N/A 12/01/2010 N 6,201,415.50 6,196,174.78 12/01/2004 600000072 N/A 12/01/2010 N 6,100,128.92 6,094,555.42 12/01/2004 265950316 N/A 11/01/2010 N 5,965,859.03 5,960,729.16 12/01/2004 600000074 N/A 09/01/2010 N 5,847,868.64 5,842,513.67 12/01/2004 265950383 N/A 01/01/2011 N 6,000,000.00 6,000,000.00 12/01/2004 265950324 N/A 11/01/2010 N 5,801,316.17 5,795,913.14 12/01/2004 265330839 N/A 10/01/2010 N 5,722,948.59 5,715,518.92 12/01/2004 600000078 N/A 03/01/2010 N 5,807,695.36 5,802,835.56 12/01/2004 265330958 N/A 11/01/2010 N 5,613,745.19 5,608,643.38 12/01/2004 600000080 N/A 10/01/2010 N 5,498,136.76 5,492,786.83 12/01/2004 265950307 N/A 12/01/2010 N 5,352,802.06 5,348,044.30 12/01/2004 265330849 N/A 10/01/2010 N 5,246,036.11 5,239,225.58 12/01/2004 265950342 10/01/2010 05/01/2028 N 5,356,604.25 5,350,512.80 12/01/2004 265950375 N/A 01/01/2011 N 5,000,000.00 5,000,000.00 12/01/2004 265950314 N/A 11/01/2010 N 4,846,967.80 4,842,727.37 12/01/2004 600000087 N/A 10/01/2010 N 4,720,990.73 4,713,829.37 12/01/2004 600000088 N/A 11/01/2010 N 4,637,228.88 4,630,349.38 12/01/2004 265950331 N/A 12/01/2010 N 4,722,214.43 4,717,834.24 12/01/2004 600000090 N/A 10/01/2010 N 4,603,491.54 4,599,269.78 12/01/2004 265330980 N/A 11/01/2010 N 4,584,218.63 4,580,291.95 12/01/2004 600000092 N/A 12/01/2010 N 4,308,821.30 4,304,884.46 12/01/2004 600000093 N/A 09/01/2010 N 4,105,324.86 4,101,712.80 12/01/2004 600000094 N/A 02/01/2010 N 3,999,412.37 3,993,969.83 12/01/2004 600000095 N/A 11/01/2009 N 4,033,546.98 4,029,728.50 12/01/2004 265330955 N/A 09/01/2010 N 4,125,698.77 4,122,668.04 12/01/2004 600000097 10/01/2010 05/01/2028 N 4,095,494.54 4,090,837.20 12/01/2004 600000098 N/A 10/01/2010 N 3,967,116.92 3,963,519.92 12/01/2004 600000099 N/A 07/01/2010 N 3,915,071.21 3,911,556.87 12/01/2004 265330986 N/A 11/01/2010 N 3,860,478.99 3,857,403.04 12/01/2004 600000101 N/A 06/01/2010 N 3,708,054.79 3,704,496.56 12/01/2004 600000102 N/A 10/01/2010 N 3,709,068.98 3,705,712.34 12/01/2004 600000103 N/A 12/01/2010 N 3,633,003.03 3,629,727.44 12/01/2004 265330949 N/A 11/01/2010 N 3,606,143.91 3,602,989.03 10/01/2004 265330964 N/A 09/01/2010 N 3,609,986.44 3,607,334.55 12/01/2004 265950433 N/A 01/01/2011 N 3,413,314.05 3,410,056.83 12/01/2004 265330966 N/A 09/01/2010 N 3,471,140.80 3,468,590.91 12/01/2004 265950407 N/A 01/01/2011 N 3,288,386.20 3,285,265.67 12/01/2004 600000109 N/A 07/01/2010 N 3,241,117.10 3,238,263.16 12/01/2004 600000110 N/A 08/01/2008 N 3,081,135.94 3,074,650.69 12/01/2004 600000111 N/A 11/01/2010 N 3,134,464.15 3,131,583.07 12/01/2004 600000112 N/A 10/01/2010 N 3,100,565.87 3,097,711.63 12/01/2004 265330999 N/A 01/01/2011 N 3,015,068.93 3,012,369.85 12/01/2004 600000114 N/A 04/01/2009 N 2,845,957.64 2,840,959.15 12/01/2004 600000116 N/A 10/01/2010 N 2,726,650.54 2,719,987.67 12/01/2004 265330954 N/A 11/01/2010 N 2,833,749.67 2,831,169.46 12/01/2004 600000118 N/A 02/01/2010 N 2,836,294.86 2,833,763.12 12/01/2004 265330978 N/A 11/01/2010 N 2,832,182.43 2,829,632.79 12/01/2004 600000120 N/A 09/01/2006 N 2,783,231.10 2,780,524.77 12/01/2004 600000121 N/A 10/01/2010 N 2,714,668.75 2,712,188.60 12/01/2004 265330840 N/A 10/01/2010 N 2,670,709.18 2,667,242.00 12/01/2004 265330965 N/A 09/01/2010 N 2,677,737.24 2,675,770.18 12/01/2004 265330904 N/A 01/01/2011 N 2,616,003.98 2,613,626.40 12/01/2004 600000125 N/A 11/01/2009 N 2,584,432.08 2,582,126.03 12/01/2004 600000126 N/A 04/01/2009 N 2,478,737.37 2,474,383.85 12/01/2004 600000127 N/A 11/01/2010 N 2,516,902.66 2,514,623.92 12/01/2004 265950327 N/A 11/01/2010 N 2,426,914.79 2,424,866.69 12/01/2004 265330843 N/A 10/01/2010 N 2,384,561.82 2,381,466.12 12/01/2004 600000130 N/A 10/01/2010 N 2,394,591.10 2,392,415.79 12/01/2004 600000131 N/A 10/01/2010 N 2,362,994.80 2,360,896.72 12/01/2004 265331000 N/A 01/01/2011 N 2,358,529.86 2,356,370.05 12/01/2004 265950302 N/A 03/01/2011 N 2,326,429.86 2,324,260.83 12/01/2004 600000134 N/A 11/01/2010 N 2,255,700.32 2,252,406.12 12/01/2004 600000135 N/A 10/01/2010 N 2,303,255.13 2,301,237.36 12/01/2004 600000136 N/A 07/01/2010 N 2,263,944.44 2,261,950.94 12/01/2004 600000137 N/A 11/01/2010 N 2,260,971.74 2,259,001.26 12/01/2004 265950355 N/A 01/01/2011 N 2,223,445.82 2,221,312.18 12/01/2004 600000139 N/A 08/01/2010 N 2,176,713.24 2,174,776.96 12/01/2004 265330974 N/A 11/01/2010 N 2,170,153.21 2,168,226.49 12/01/2004 600000141 N/A 11/01/2010 N 2,156,057.44 2,154,099.86 12/01/2004 600000142 N/A 12/01/2010 N 2,103,735.10 2,100,505.18 12/01/2004 265950438 N/A 01/01/2011 N 2,127,779.40 2,125,760.24 12/01/2004 600000144 N/A 07/01/2010 N 2,098,197.63 2,096,226.23 12/01/2004 265330996 N/A 10/01/2010 N 2,085,003.72 2,083,213.76 03/01/2004 600000146 N/A 02/01/2010 N 2,035,970.52 2,034,302.39 12/01/2004 600000147 N/A 07/01/2010 N 1,979,331.54 1,977,506.70 12/01/2004 600000148 N/A 01/01/2010 N 1,946,031.02 1,944,196.36 12/01/2004 600000149 N/A 11/01/2010 N 1,931,924.50 1,930,085.05 12/01/2004 265950401 N/A 01/01/2011 N 1,931,264.14 1,929,580.80 12/01/2004 600000151 N/A 11/01/2010 N 1,910,453.86 1,908,651.08 12/01/2004 600000152 N/A 09/01/2010 N 1,884,228.25 1,882,489.76 12/01/2004 600000153 N/A 08/01/2010 N 1,803,593.68 1,800,905.59 12/01/2004 600000154 N/A 04/01/2010 N 1,790,275.95 1,787,725.66 12/01/2004 265950345 10/01/2010 05/01/2028 N 1,845,966.95 1,843,867.74 12/01/2004 600000156 N/A 02/01/2010 N 1,780,598.27 1,779,066.07 12/01/2004 600000157 N/A 07/01/2010 N 1,739,173.69 1,736,756.61 12/01/2004 600000158 N/A 12/01/2009 N 1,765,745.57 1,764,119.03 12/01/2004 265950305 N/A 12/01/2010 N 1,636,278.57 1,634,824.19 12/01/2004 600000160 N/A 12/01/2010 N 1,623,472.74 1,622,133.18 12/01/2004 600000161 N/A 12/01/2010 N 1,543,076.11 1,540,733.69 12/01/2004 265950329 N/A 12/01/2010 N 1,519,481.66 1,517,312.90 12/01/2004 265950319 N/A 01/01/2011 N 1,456,260.07 1,455,002.86 11/01/2004 265950419 N/A 01/01/2011 N 1,440,828.82 1,439,499.42 12/01/2004 265950346 10/01/2010 05/01/2028 N 1,380,231.91 1,378,662.33 12/01/2004 265330917 N/A 01/01/2011 N 1,337,372.66 1,336,164.05 12/01/2004 600000167 N/A 06/01/2010 N 1,329,330.02 1,328,207.80 12/01/2004 265950320 N/A 11/01/2010 N 1,233,108.05 1,231,340.57 12/01/2004 265950336 N/A 11/01/2010 N 1,206,077.05 1,205,067.68 12/01/2004 600000171 N/A 11/01/2010 N 1,067,706.92 1,066,802.90 12/01/2004 600000172 N/A 08/01/2010 N 989,250.50 987,844.41 12/01/2004 600000173 N/A 07/01/2010 N 885,076.03 883,780.01 12/01/2004 600000174 N/A 02/01/2010 N 888,313.00 887,124.98 12/01/2004 265950391 N/A 11/01/2010 N 883,061.47 881,857.63 12/01/2004 265950352 N/A 11/01/2010 N 855,457.86 854,761.91 12/01/2004 600000177 N/A 06/01/2010 N 837,423.41 836,335.87 12/01/2004 600000178 N/A 09/01/2010 N 727,344.69 723,892.85 12/01/2004 265950344 10/01/2010 05/01/2028 N 704,135.67 703,334.93 12/01/2004 265950326 N/A 11/01/2010 N 582,189.07 581,691.83 12/01/2004 265950315 N/A 11/01/2010 N 574,426.26 573,935.65 12/01/2004 600000182 N/A 09/01/2010 N 398,308.22 397,749.08 12/01/2004 Totals 1,215,665,754.94 1,214,497,624.80

Loan Appraisal Appraisal Res. Mod. Number Reduction Reduction Strat. Code Date Amount (2) (3) 600000044 10/12/2004 3,942,477.80 2 265330949 09/13/2004 33,581.01 2 265330996 08/11/2004 799,272.85 25 265330917 8 Totals 4,775,331.66 (1) Property Type Code MF - Multi-Family RT - Retail HC - Health Care IN - Industrial WH - Warehouse MH - Mobile Home Park OF - Office MU - Mixed Use LO - Lodging SS - Self Storage OT - Other IW - Industrial/Warehouse (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD (3) Modification Code 1 - Maturity Date Extension 2 - Amortization Change 3 - Principal Write-Off 4 - Combination

Principal Prepayment Detail No Principal Prepayments this Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Date # Balance # Balance # Balance 01/18/2005 0 $0.00 1 $3,600,638.14 1 $2,081,895.94 12/17/2004 1 $3,602,989.03 0 $0.00 0 $0.00 11/18/2004 0 $0.00 1 $3,606,143.91 0 $0.00 10/18/2004 0 $0.00 0 $0.00 2 $12,273,481.04 09/17/2004 0 $0.00 1 $3,611,573.51 1 $8,677,293.31 08/17/2004 0 $0.00 1 $3,613,847.26 1 $8,687,351.72 07/16/2004 0 $0.00 1 $0.00 2 $12,313,439.03 06/17/2004 1 $44,692,574.36 1 $3,619,170.29 1 $8,709,365.76 05/17/2004 1 $3,621,390.45 1 $2,093,587.74 1 $8,719,181.60 04/16/2004 2 $5,719,725.48 1 $8,731,053.35 0 $0.00 03/17/2004 3 $14,463,835.57 0 $0.00 0 $0.00 02/18/2004 2 $12,384,978.49 0 $0.00 0 $0.00 ~~01/16/2004 2 $12,396,593.33 0 $0.00 0 $0.00~~

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 01/18/2005 1 $8,631,961.10 0 $0.00 0 $0.00 12/17/2004 2 $10,725,576.13 0 $0.00 0 $0.00 11/18/2004 2 $10,739,800.24 0 $0.00 0 $0.00 10/18/2004 1 $2,086,299.29 0 $0.00 0 $0.00 09/17/2004 1 $2,088,067.87 0 $0.00 0 $0.00 08/17/2004 1 $2,089,341.50 0 $0.00 0 $0.00 07/16/2004 1 $2,090,606.01 0 $0.00 0 $0.00 06/17/2004 1 $2,092,344.74 0 $0.00 0 $0.00 05/17/2004 0 $0.00 0 $0.00 0 $0.00 04/16/2004 0 $0.00 0 $0.00 0 $0.00 03/17/2004 0 $0.00 0 $0.00 0 $0.00 02/18/2004 0 $0.00 0 $0.00 0 $0.00 ~~01/16/2004 0 $0.00 2 $0.00 0 $0.00~~

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 01/18/2005 0 $0.00 0 $0.00 7.988913% 7.900284% 68 12/17/2004 0 $0.00 0 $0.00 7.988951% 7.900317% 69 11/18/2004 0 $0.00 0 $0.00 7.989004% 7.900364% 70 10/18/2004 0 $0.00 0 $0.00 7.989041% 7.900396% 71 09/17/2004 0 $0.00 0 $0.00 7.989093% 7.900442% 72 08/17/2004 0 $0.00 0 $0.00 7.989130% 7.900474% 73 07/16/2004 0 $0.00 1 $32,616,191.73 7.989166% 7.900505% 74 06/17/2004 0 $0.00 0 $0.00 7.986771% 7.890563% 75 05/17/2004 0 $0.00 0 $0.00 7.986806% 7.891308% 76 04/16/2004 0 $0.00 0 $0.00 7.986853% 7.891350% 77 03/17/2004 0 $0.00 0 $0.00 7.986887% 7.893102% 78 02/18/2004 0 $0.00 0 $0.00 7.986947% 7.893157% 79 ~~01/16/2004 0 $0.00 2 $5,055,622.16 7.986980% 7.893186% 80~~ 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 255999835 6 0 1112/01/2004 196,~~803~~804.0058 196,~~803~~804.0058 A 600000044 44 1011 01/01/2004 55,~~639~~640.2455 ~~769~~825,~~667~~308.8035 7 600000055 55 0 12/01/2004 56,022.96 56,022.96 B 600000056 56 0 12/01/2004 57,066.81 57,066.81 B 265330949 104 12 10/01/2004 27,~~628~~629.9509 5582,~~257~~886.8089 12 600000125 125 0 12/01/2004 20,491.22 20,491.22 B 265330996 145 89 03/01/2004 12,258.3139 ~~126~~138,~~275~~533.3271 73 265950319 163 0 1112/01/2004 11,208.3238 11,208.3238 B 265330917 166 0 12/01/2004 10,079.89 10,079.89 B 600000177 177 0 12/01/2004 7,356.00 7,356.00 B Totals 510 ~~303~~454,~~537~~557.8387 1,~~159~~405,~~212~~758.2479

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 255999835 24,~~569~~531,~~482~~152.1734 0.00 600000044 2 04/08/2004 10/22/2004 8,764,029.80 5872,~~381~~034.2429 600000055 7,497,867.83 0.00 600000056 7,193,704.80 0.00 265330949 2 06/04/2004 3,608,455.96 7280,~~563~~498.0946 ~~265330996~~600000125 2,582,126.03 0.00 265330996 5 08/14/2003 04/26/2004 2,096,527.60 70140,~~386~~026.4773 265950319 1,~~456~~455,~~260~~002.0786 0.00 ~~Totals~~265330917 408 02/06/2002 1,~~494~~336,~~755~~164.6005 ~~201~~16,~~330~~190.80 600000177 836,335.87 0.00 Totals 59,901,367.14 308,750.28

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = 12 (1 loan) 27,~~628~~629.9509 5582,~~257~~886.8089 3,608,455.96 7280,~~563~~498.0946 Total for Status Code = 73 (1 loan) 12,258.39 138,533.71 2,096,527.60 ~~loans~~140,026.73 Total for Status Code = 7 (1 loan) 6755,~~897~~640.5655 ~~895~~825,~~943~~308.1235 108,~~860~~764,~~557~~029.4080 ~~128~~72,~~767~~034.7129 Total for Status Code = A (1 loan) 196,~~803~~804.0058 196,~~803~~804.0058 24,~~569~~531,~~482~~152.1734 0.00 Total for Status Code = B (16 ~~loan~~loans) 11162,~~208~~225.3226 11162,~~208~~225.3226 120,~~456~~901,~~260~~201.0744 016,190.0080 (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 Offering Servicing Resolution Scheduled Property Interest Actual Loan Document Transfer Strategy Balance Type (2) State Rate Balance Number Cross Date Code (1) Reference 600000044 44 04/08/2004 2 8,~~642~~631,~~362~~961.3710 LO IL 8.850% 8,764,029.80 265330949 104 06/04/2004 2 3,~~602~~600,~~989~~638.0314 RT PA 8.250% 3,608,455.96 265330996 145 08/14/2003 25 2,~~083~~081,~~213~~895.7694 MF LA 8.375% 2,096,527.60 265330917 166 02/06/2002 8 1,335,244.67 MF CA 8.010% 1,336,164.05

Net Remaining Loan Operating DSCR Note Maturity Amortization Number Income Date DSCR Date Date Term 600000044 147,513.94 12/31/2003 0.16 01/01/2000 12/01/2009 238 265330949 312,221.28 06/30/2002 0.93 12/01/2000 11/01/2010 309 265330996 106,186.96 06/30/2003 1.08 11/01/2000 10/01/2010 308 265330917 179,091.36 09/30/2004 1.96 02/01/2001 01/01/2011 311 (1) 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 (2) Property Type Code MF - Multi-Family RT - Retail HC - Health Care IN - Industrial WH - Warehouse MH - Mobile Home Park OF - Office MU - Mixed Use LO - Lodging SS - Self Storage OT - Other

Specially Serviced Loan Detail - Part 2 Offering Document Resolution Site Other REO Loan Cross Strategy Inspection Phase 1 Appraisal Appraisal Property Number Reference Code (1) Date Date Date Value Revenue 600000044 44 2 06/01/2004 5,315,000.00 265330949 104 2 07/28/2004 4,100,000.00 265330996 145 5 05/26/2004 1,550,000.00 265330917 166 8 07/29/2000 1,820,000.00

Loan Number Comments from Special Servicer 600000044 The judicial foreclosure action continues. A receiver has been appointed. The borrower has verbally agreed to cooperate within the judicial foreclosure action. The receiver has been working with the franchisor to develop a proposed license agreement since the obligor's franchise agreement is in default. The receiver and franchisor are in discussions regarding the proposed deficiency list. A settlement has been approved and negotiations with the debtor continue. 265330949 The TRO hearing is set for 2/11/05 and negotiations continue in the interim with the borrower to attempt to reinstate the loan. A receivership motion has been prepared and will be filed to be heard along with the TRO hearing if no resolution is reached. 265330996 The principal converted his personal bankruptcy from 11 to 7 and has effectively abandoned the properties. An appointment of a receiver was granted in early July. Confirmation of the Trust's security instruments was granted on 11/08/04. Title is expected approx. 60 days after confirmation, however, the Marshall's office has not provided counsel with a sale date. Final bids have been received from the note sale offering. Highest bid was accepted and earnest money deposit has been placed in escrow with closing anticipated by 01/31/05. 265330917 No comments. (1) 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

Modified Loan Detail No Modified Loans

Filing Compare · FIRST UNION COM MOR SEC INC COM MOR PASS THR CER SER 2001-C1