8-K 1 fun01c02_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 14, 2005 (Date of earliest event reported) Commission File No.: 333-53266-02 First Union Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2001-C2 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-2316404 52-2316405 52-2316406 52-7184008 (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 14, 2005, a distribution was made to holders of First Union Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2001-C2. 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-C2, relating to the January 14, 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 Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2001-C2 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: January 14, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-C2, relating to the January 14, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 First Union Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2001-C2 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 14, 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 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 Specially Serviced Loan Detail 18 - 19 Modified Loan Detail 20 Liquidated Loan Detail 21 Underwriter First Union Securities, Inc 201 South College Street Charlotte, NC 28288 Contact: William J. Cohane Phone Number: (704) 383-4984 Underwriter Merrill Lynch, Pierce, Fenner & Smith Inc. World Financial Center, North Tower 250 Vesey Street New York, NY 10281 Contact: John E. Gluszak Phone Number: (212) 449-1000 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 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 2005, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 33736XBY4 6.204000% 190,553,000.00 144,146,~~817,508~~711.8719 2973,~~670,797~~332.6827 ~~759~~745,~~046~~238.5250 A-2 33736XBZ1 6.663000% 590,647,000.00 590,647,000.00 0.00 3,279,567.47 B 33736XCA5 6.819000% 42,565,000.00 42,565,000.00 0.00 241,875.61 C 33736XCB3 6.922000% 12,520,000.00 12,520,000.00 0.00 72,219.53 D 33736XCC1 6.951000% 12,519,000.00 12,519,000.00 0.00 72,516.31 E 33736XCD9 7.003000% 20,031,000.00 20,031,000.00 0.00 116,897.58 F 33736XCE7 7.123000% 10,015,000.00 10,015,000.00 0.00 59,447.37 G 33736XCF4 7.388000% 15,023,000.00 15,023,000.00 0.00 92,491.60 H 33736XCG2 7.487000% 17,527,000.00 17,527,000.00 0.00 109,353.87 J 33736XCH0 7.~~607707~~607410% 12,519,000.00 12,519,000.00 0.00 79,~~367~~364.4130 K 33736XCJ6 6.460000% 15,023,000.00 15,023,000.00 0.00 80,873.82 L 33736XCK3 6.460000% 20,031,000.00 20,031,000.00 0.00 107,833.55 M 33736XCL1 6.460000% 5,008,000.00 5,008,000.00 0.00 26,959.73 N 33736XCM9 6.460000% 6,048,000.00 6,048,000.00 0.00 32,558.40 O 33736XCN7 6.460000% 5,908,000.00 5,908,000.00 0.00 31,804.73 P 33736XCP2 6.460000% 3,939,000.00 3,939,000.00 0.00 21,204.95 Q 33736XCQ0 6.460000% 21,663,038.00 21,~~584~~039,~~648~~650.5785 0.00 ~~111~~99,~~765~~673.9402 V 33736XCS6 6.828000% 1,175,111.70 1,~~482~~491,~~888~~326.7034 (8,~~437~~485.6465) 8,~~437~~485.6465 Z-I N/A 0.000000% 0.00 0.00 0.00 0.00 Z-II N/A 0.000000% 0.00 0.00 0.00 0.00 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 1,002,714,149.70 ~~959~~956,~~208~~000,~~046~~688.1438 2964,~~662,360~~846.0462 5,~~304~~278,~~222~~365.0399

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 33736XBY4 0.00 0.00 31,~~429~~718,~~844~~570.2077 ~~144~~143,~~146~~173,~~711~~378.1992 23.1416% A-2 33736XBZ1 0.00 0.00 3,279,567.47 590,647,000.00 23.1416% B 33736XCA5 0.00 0.00 241,875.61 42,565,000.00 18.6971% C 33736XCB3 0.00 0.00 72,219.53 12,520,000.00 17.3840% D 33736XCC1 0.00 0.00 72,516.31 12,519,000.00 16.0708% E 33736XCD9 0.00 0.00 116,897.58 20,031,000.00 13.9799% F 33736XCE7 0.00 0.00 59,447.37 10,015,000.00 12.9294% G 33736XCF4 0.00 0.00 92,491.60 15,023,000.00 11.3537% H 33736XCG2 0.00 0.00 109,353.87 17,527,000.00 9.5253% J 33736XCH0 0.00 0.00 79,~~367~~364.4130 12,519,000.00 8.2122% K 33736XCJ6 0.00 0.00 80,873.82 15,023,000.00 6.6465% L 33736XCK3 0.00 0.00 107,833.55 20,031,000.00 4.5455% M 33736XCL1 0.00 0.00 26,959.73 5,008,000.00 4.02% N 33736XCM9 0.00 0.00 32,558.40 6,048,000.00 3.39% O 33736XCN7 0.00 0.00 31,804.73 5,908,000.00 2.77% P 33736XCP2 0.00 0.00 21,204.95 3,939,000.00 2.36% Q 33736XCQ0 0.00 ~~544,997~~0.7200 ~~111~~99,~~765~~673.9402 21,039,650.85 0.16% V 33736XCS6 0.00 0.00 0.00 1,~~491~~499,~~326~~811.3499 0.00% Z-I N/A 0.00 0.00 0.00 0.00 0.00% Z-II N/A 0.00 0.00 0.00 0.00 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 ~~544,997~~0.7200 76,~~966~~243,~~582~~212.0761 ~~956~~955,~~000~~035,~~688~~841.3876

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO 33736XCR8 0.~~966701~~965081% 1,001,539,038.00 ~~957~~954,~~725~~509,~~157~~362.4404 ~~771~~767,~~528~~649.0105

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO 33736XCR8 0.00 ~~771~~767,~~528~~649.0105 ~~954~~953,~~509~~536,~~362~~029.0477 (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 33736XBY4 ~~770~~756.~~48122501~~46518916 145.~~01603585~~10793464 3.~~98338793~~91092504 0.00000000 0.00000000 ~~756~~751.~~46518916~~35725452 A-2 33736XBZ1 1,000.00000000 0.00000000 5.55250000 0.00000000 0.00000000 1,000.00000000 B 33736XCA5 1,000.00000000 0.00000000 5.68249994 0.00000000 0.00000000 1,000.00000000 C 33736XCB3 1,000.00000000 0.00000000 5.76833307 0.00000000 0.00000000 1,000.00000000 D 33736XCC1 1,000.00000000 0.00000000 5.79250020 0.00000000 0.00000000 1,000.00000000 E 33736XCD9 1,000.00000000 0.00000000 5.83583346 0.00000000 0.00000000 1,000.00000000 F 33736XCE7 1,000.00000000 0.00000000 5.93583325 0.00000000 0.00000000 1,000.00000000 G 33736XCF4 1,000.00000000 0.00000000 6.15666644 0.00000000 0.00000000 1,000.00000000 H 33736XCG2 1,000.00000000 0.00000000 6.23916643 0.00000000 0.00000000 1,000.00000000 J 33736XCH0 1,000.00000000 0.00000000 6.~~33975637~~33950795 0.00000000 0.00000000 1,000.00000000 K 33736XCJ6 1,000.00000000 0.00000000 5.38333356 0.00000000 0.00000000 1,000.00000000 L 33736XCK3 1,000.00000000 0.00000000 5.38333333 0.00000000 0.00000000 1,000.00000000 M 33736XCL1 1,000.00000000 0.00000000 5.38333267 0.00000000 0.00000000 1,000.00000000 N 33736XCM9 1,000.00000000 0.00000000 5.38333333 0.00000000 0.00000000 1,000.00000000 O 33736XCN7 1,000.00000000 0.00000000 5.38333277 0.00000000 0.00000000 1,000.00000000 P 33736XCP2 1,000.00000000 0.00000000 5.38333333 0.00000000 0.00000000 1,000.00000000 Q 33736XCQ0 ~~996~~971.~~38142028~~22346598 0.00000000 54.~~15929206~~60106380 0.00000000 250.~~15795430~~00000000 971.22346598 V 33736XCS6 1,~~261~~269.~~91297389~~09326152 -7.~~18028763~~22114332 7.~~18028763~~22114332 0.00000000 0.00000000 1,~~269~~276.~~09326152~~31440483 Z-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO 33736XCR8 ~~956~~953.~~25344705~~04259327 0.~~77034242~~76646942 0.00000000 ~~953~~952.~~04259327~~07075670

Reconciliation Detail Advance Summary P & I Advances Outstanding ~~669~~712,~~568~~623.6277 Servicing Advances Outstanding ~~952~~1,~~736~~012,302.7222 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 42,~~846~~709.7356 Less Delinquent Servicing Fees 21,~~007~~777.5317 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received ~~291~~1,516.8826 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 4142,~~131~~448.0865

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 ~~759~~745,~~046~~238.5250 0.00 0.00 ~~759~~745,~~046~~238.5250 0.00 A-2 3,279,567.47 0.00 0.00 3,279,567.47 0.00 IO ~~771~~767,~~528~~649.0105 0.00 0.00 ~~771~~767,~~528~~649.0105 0.00 B 241,875.61 0.00 0.00 241,875.61 0.00 C 72,219.53 0.00 0.00 72,219.53 0.00 D 72,516.31 0.00 0.00 72,516.31 0.00 E 116,897.58 0.00 0.00 116,897.58 0.00 F 59,447.37 0.00 0.00 59,447.37 0.00 G 92,491.60 0.00 0.00 92,491.60 0.00 H 109,353.87 0.00 0.00 109,353.87 0.00 J 79,~~367~~364.4130 0.00 0.00 79,~~367~~364.4130 0.00 K 80,873.82 0.00 0.00 80,873.82 0.00 L 107,833.55 0.00 0.00 107,833.55 0.00 M 26,959.73 0.00 0.00 26,959.73 0.00 N 32,558.40 0.00 0.00 32,558.40 0.00 O 31,804.73 0.00 0.00 31,804.73 0.00 P 21,204.95 0.00 0.00 21,204.95 0.00 Q ~~116~~113,~~197~~263.3645 0.00 0.00 ~~116~~113,~~197~~263.3645 0.00 V 8,~~437~~485.6465 0.00 8,~~437~~485.6465 8,~~437~~485.6465 0.00 Total 6,~~080~~059,~~181~~605.4647 0.00 8,~~437~~485.6465 6,~~080~~059,~~181~~605.4647 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 ~~759~~745,~~046~~238.5250 0.00 A-2 0.00 3,279,567.47 0.00 IO 0.00 ~~771~~767,~~528~~649.0105 0.00 B 0.00 241,875.61 0.00 C 0.00 72,219.53 0.00 D 0.00 72,516.31 0.00 E 0.00 116,897.58 0.00 F 0.00 59,447.37 0.00 G 0.00 92,491.60 0.00 H 0.00 109,353.87 0.00 J 0.00 79,~~367~~364.4130 0.00 K 0.00 80,873.82 0.00 L 0.00 107,833.55 0.00 M 0.00 26,959.73 0.00 N 0.00 32,558.40 0.00 O 0.00 31,804.73 0.00 P 0.00 21,204.95 0.00 Q 413,~~431~~590.4243 ~~111~~99,~~765~~673.9402 ~~114~~127,~~115~~706.8932 V 0.00 8,~~437~~485.6465 ~~316~~324,~~214~~700.6328 Total 413,~~431~~590.4243 6,~~075~~046,~~750~~015.04 ~~430~~452,~~330~~406.5260

Other Required Information Available Distribution Amount (1) 87,~~738~~010,~~110~~861.0866 Aggregate Number of Outstanding Loans 106 Aggregate Stated Principal Balance of Loans Before Distribution ~~959~~956,~~208~~000,~~046~~688.1438 Aggregate Stated Principal Balance of Loans After Distribution ~~956~~955,~~000~~035,~~688~~841.3876 Aggregate Unpaid Principal Balance of Loans ~~956~~955,~~093~~139,~~910~~895.7379 Aggregate Amount of Servicing Fee 4142,~~131~~448.0865 Aggregate Amount of Special Servicing Fee 1,~~857~~704.6314 Aggregate Amount of Trustee Fee 1,~~755~~749.8393 Aggregate Trust Fund Expenses 0238.0075 Interest Reserve Deposit 0196,427.0033 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 Loan Appraisal Cumulative Date Appraisal Number Reduction ASER Reduction Amount Amount Effected 265950372 1,~~442~~518,~~425~~475.3467 7991,~~371~~018.4195 1201/0810/~~2004~~2005 Total 1,~~442~~518,~~425~~475.3467 7991,~~371~~018.4195

Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 6,300,492.30 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 6,300,492.30 Principal: Scheduled Principal 964,846.62 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 964,846.62 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 7,265,338.92 Total Funds Distributed Fees: Master Servicing Fee 42,709.56 Trustee Fee 1,749.93 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 44,459.50 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 11,647.54 Special Servicing Fee 1,704.14 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 238.75 Total Additional Trust Fund Expenses 13,590.43 Interest Reserve Deposit 196,427.33 Payments to Certificateholders & Others: Interest Distribution 6,046,015.04 Principal Distribution 964,846.62 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 7,010,861.66 Total Funds Distributed 7,265,338.92

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 20 25,~~719~~664,~~241~~756.0037 2.69 7776 7.~~7683~~7693 1.~~222410~~195659 2,000,001 to 4,000,000 20 56,~~317~~176,~~265~~615.6577 5.8988 7372 7.~~7045~~7055 1.~~369678~~337240 4,000,001 to 6,000,000 22 110,~~683~~465,~~854~~720.3025 11.5857 7473 7.~~7016~~7022 1.~~252509~~314242 6,000,001 to 8,000,000 7 48,~~925~~902,~~501~~443.8268 5.12 7372 7.~~8575~~8573 1.~~703743~~765703 8,000,001 to 10,000,000 8 73,~~464~~405,~~885~~904.1446 7.6869 7372 7.6306 1.~~328207~~319772 10,000,001 to 15,000,000 9 117,~~386~~322,~~278~~468.1077 12.28 7271 7.6257 1.~~229866~~181651 15,000,001 to 20,000,000 8 138,~~238~~092,~~831~~136.3223 14.46 7473 7.~~5434~~5433 1.~~334896~~364145 20,000,001 to 25,000,000 4 91,~~892~~858,~~071~~525.7055 9.6162 7372 7.6816 2.~~136163~~169417 25,000,001 to 30,000,000 3 83,~~318~~259,~~866~~579.3085 8.72 6059 7.~~9499~~9500 10.~~074062~~990448 30,000,001 to 35,000,000 2 64,~~912~~867,~~912~~907.0049 6.79 7574 7.9027 1.~~131021~~072244 35,000,001 to 40,000,000 0 0.00 0.00 0 0.0000 0.000000 40,000,001 to 45,000,000 1 43,~~407~~356,~~337~~062.4556 4.54 7372 6.7940 1.~~760000~~720000 45,000,001 to 50,000,000 1 50,000,000.00 5.2324 7372 7.7500 1.~~180000~~270000 50,000,001 or greater 1 51,~~733~~663,~~643~~720.6078 5.41 7473 7.5800 1.740000 Totals 106 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 3 8,~~408~~324,~~254~~525.7595 0.8887 7776 7.2200 1.~~126983~~316552 Arizona 1 1,~~496~~494,~~634~~719.7740 0.16 7473 7.8750 1.730000 Arkansas 1 ~~874~~873,~~500~~381.4730 0.09 7473 7.8750 1.550000 California 26 215,~~439~~293,~~900~~630.7915 22.54 7271 7.~~9620~~9621 1.~~528744~~547825 Connecticut 4 12,~~747~~743,~~822~~070.9430 1.33 7372 7.~~8003~~8002 1.~~470085~~540501 Delaware 2 11,~~228~~214,~~734~~167.5893 1.17 7473 7.3263 1.~~183207~~285674 Florida 14 95,~~280~~208,~~516~~889.5722 9.97 6362 7.7824 1.~~070263~~049145 Georgia 3 18,~~015~~007,~~321~~987.8600 1.8889 7473 7.7313 1.~~132240~~214447 Hawaii 1 19,~~890~~865,~~910~~855.6854 2.08 7372 8.0000 1.420000 Idaho 1 ~~857~~856,~~362~~775.6511 0.09 7473 8.0000 1.~~020000~~510000 Illinois 2 7,~~342~~337,~~902~~100.0995 0.77 7473 7.4876 10.~~135637~~691138 Indiana 1 12,~~239~~232,~~870~~093.7581 1.28 7776 7.4400 1.190000 Maine 1 9,~~116~~108,~~381~~969.1988 0.95 7675 7.3000 0.880000 Maryland 2 23,~~937~~922,~~986~~741.3301 2.50 7170 8.3300 1.810000 Massachusetts 3 7,~~188~~181,~~171~~871.9597 0.75 7473 7.~~8433~~8432 1.~~483905~~609797 Michigan 3 4,~~733~~714,~~919~~090.8412 0.5049 8988 7.~~2366~~2379 1.~~207996~~584963 Missouri 1 2,~~377~~374,~~346~~304.7829 0.25 7473 7.8750 1.730000 Nevada 4 47,~~948~~927,~~807~~838.3310 5.02 7473 7.3354 1.~~190329~~213748 New Jersey 5 32,~~727~~685,~~566~~789.9938 3.42 7372 7.~~5221~~5222 1.~~392449~~381772 New Mexico 1 1,~~652~~651,~~764~~843.6081 0.17 7170 8.7500 1.~~180000~~110000 New York 7 79,~~403~~349,~~103~~349.8452 8.31 7473 7.~~8249~~8250 1.~~623599~~564084 North Carolina 2 26,~~410~~388,~~354~~184.12 2.76 7675 7.1773 1.372603 Oklahoma 1 7,~~147~~142,~~492~~950.2084 0.75 7776 7.4400 1.~~390000~~790000 Pennsylvania 6 8281,~~006~~925,~~072~~461.1467 8.58 7372 7.~~2024~~2025 1.~~328414~~291966 South Carolina 1 11,~~491~~481,~~127~~761.7420 1.20 7675 7.2900 1.~~250000~~170000 Tennessee 3 7,~~583~~578,~~505~~430.4768 0.79 7473 8.0661 1.~~320787~~208327 Texas 26 117,~~690~~575,~~284~~393.9304 12.31 7170 7.~~5518~~5519 1.~~367784~~324730 Virginia 6 36,~~266~~151,~~811~~948.6691 3.79 7675 7.~~3347~~3350 1.~~455749~~601158 Washington,DC 1 51,~~733~~663,~~643~~720.6078 5.41 7473 7.5800 1.740000 Wisconsin 1 2,~~762~~758,~~614~~995.7779 0.29 7473 7.7500 10.~~380000~~980000 Totals 133 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. Unknown 1 1,499,811.99 0.16 101 6.8280 NAP 1.04 or less 2522 ~~208~~196,~~405~~534,~~954~~612.3744 2120.8058 68 7.~~7142~~7081 0.~~814480~~807676 1.05 to 1.14 4 5051,~~764~~144,~~333~~293.6924 5.3136 7472 7.~~3807~~4386 1.~~124186~~124076 1.15 to 1.19 79 7044,~~627~~228,~~788~~998.6604 74.3963 75 7.~~7154~~4366 1.~~180805~~180566 1.20 to 1.24 24 1264,~~080~~266,~~471~~364.2266 16.2673 7469 78.~~3149~~1887 1.~~232596~~221166 1.25 to 1.29 6 5089,~~512~~049,~~975~~579.2027 59.2832 70 7.~~5683~~6966 1.~~265572~~276168 1.30 to 1.34 75 7739,~~290~~665,~~633~~355.3839 84.0815 7670 7.~~5271~~9232 1.~~320420~~322500 1.35 to 1.39 1211 ~~126~~81,~~617~~252,~~385~~050.2634 138.2451 73 7.~~6236~~4109 1.~~374233~~379389 1.40 to 1.44 45 2635,~~754~~497,~~365~~936.8021 23.8072 7173 7.~~8952~~7665 1.~~422952~~423362 1.45 to 1.49 65 2921,~~164~~250,~~806~~203.1096 32.0523 7374 7.~~8175~~5500 1.~~475062~~474052 1.50 to 1.54 79 2160,~~692~~901,~~294~~652.17 26.2738 7673 7.~~6394~~6136 1.~~523692~~529662 1.55 to 1.59 4 33,~~582~~958,~~574~~485.1705 3.5156 7573 7.~~6556~~5706 1.~~556313~~556509 1.60 to 1.64 12 912,~~509~~637,~~340~~745.2524 01.9932 7372 8.~~6500~~3648 1.~~620000~~622480 1.65 to 1.69 31 192,~~843~~282,~~741~~770.3011 20.0824 6873 87.~~6000~~6250 1.~~661569~~660000 1.70 to 1.74 5 80118,~~069~~886,~~046~~175.1566 812.3845 7473 7.~~6488~~3321 1.~~734640~~730699 1.75 to 1.79 2 4912,~~683~~094,~~511~~634.8254 51.2027 7374 7.~~0348~~9559 1.~~763790~~777718 1.80 to 1.89 3 27,~~046~~145,~~650~~215.5660 2.8384 7170 8.~~2915~~2745 1.~~812597~~812702 1.90 to 1.94 2 1617,~~901~~091,~~987~~526.1150 1.7779 7473 7.~~4885~~3139 1.~~925384~~918337 1.95 to 1.99 1 4,~~806~~857,~~660~~626.0955 0.5051 7371 78.~~1400~~1000 1.990000 2.00 or greater 5 40,~~646~~790,~~169~~804.0880 4.2527 7271 7.~~8196~~8005 3.~~546188~~537896 Totals 106 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 7 48,~~705~~671,~~412~~248.4406 5.0910 7372 8.0953 1.~~146754~~176281 Lodging 8 61,~~233~~220,~~401~~839.5862 6.41 7372 7.~~9243~~9241 1.~~266000~~334209 Mixed Use 3 36,~~436~~427,~~672~~802.9325 3.81 7170 7.8701 3.~~118309~~161724 Mobile Home Park 1 874,~~604~~085.5797 0.09 1312 8.5000 1.~~430000~~020000 Multi-Family 39 323,~~535~~333,~~344~~801.9276 33.8486 7069 7.5012 1.~~157281~~179252 Office 28 269,~~841~~371,~~617~~405.7736 28.2321 7372 7.~~7240~~7246 1.~~529842~~504898 Retail 27 181,~~617~~423,~~700~~925.9886 19.00 7674 7.~~5663~~5665 1.~~381700~~343010 Self Storage 20 33,~~755~~712,~~933~~732.1988 3.53 7473 7.8750 1.636437 Totals 133 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 6.999% or less 7 53,~~341~~237,~~327~~384.4588 5.5857 7877 6.~~8081~~8080 1.~~673759~~560947 7.000% to 7.249% 14 127,~~881~~541,~~545~~847.9581 13.3835 7574 7.~~1756~~1755 1.~~234370~~253042 7.250% to 7.499% 22 223,~~346~~216,~~525~~341.2511 23.3637 7372 7.3440 1.~~282562~~338087 7.500% to 7.749% 14 118,~~676~~557,~~533~~472.7784 12.41 7473 7.6058 1.~~433455~~483728 7.750% to 7.999% 17 187,~~841~~744,~~932~~094.1901 19.6566 7473 7.8018 1.~~726917~~705712 8.000% to 8.249% 14 122,~~126~~032,~~978~~640.6614 12.7778 6564 8.0515 1.~~057752~~020052 8.250% to 8.499% 8 44,~~439~~411,~~253~~078.7347 4.65 6766 8.3466 1.~~551150~~586264 8.500% to 8.749% 8 62,~~240~~197,~~373~~786.5283 6.51 6867 8.6570 1.~~438190~~395124 8.750% or greater 2 16,~~106~~097,~~217~~195.8667 1.6869 6766 8.8577 1.~~610744~~307424 Totals 106 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602

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 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 9085 ~~830~~760,~~984~~808,~~655~~415.5232 8679.9266 7372 7.~~5350~~5594 1.~~393944~~385942 49 months and greater 1621 ~~125~~194,~~016~~227,~~032~~426.8644 1320.0834 68 8.~~5060~~0649 1.~~466347~~472778 Totals 106 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602

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 4 43,~~421~~390,~~210~~683.4617 4.54 4039 7.9056 1.~~037341~~048221 61 to 84 months 87 ~~853~~852,~~525~~896,~~753~~731.3267 89.2831 7372 7.~~6681~~6682 1.~~353865~~352301 85 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 91 896,~~946~~287,~~963~~414.7884 93.8285 7271 7.~~6796~~6797 1.~~338542~~337580

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 108 months or less 15 5958,~~053~~748,~~724~~426.6092 6.1815 7978 7.~~3943~~3955 2.~~388703~~410855 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 144 months 0 0.00 0.00 0 0.0000 0.000000 145 to 300 months 0 0.00 0.00 0 0.0000 0.000000 301 to 348 months 0 0.00 0.00 0 0.0000 0.000000 349 to 360 months 0 0.00 0.00 0 0.0000 0.000000 361 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 15 5958,~~053~~748,~~724~~426.6092 6.1815 7978 7.~~3943~~3955 2.~~388703~~410855

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 7 61,250,000.00 6.41 7372 7.3500 1.~~368939~~427429 108 months or less 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 to 144 months 0 0.00 0.00 0 0.0000 0.000000 145 to 300 months 12 245,~~736~~483,~~249~~356.4768 25.70 7372 7.~~5591~~5592 1.~~523625~~527993 301 to 348 months 71 ~~582~~581,~~051~~646,~~571~~153.7949 60.8890 7170 7.7625 1.~~228783~~219171 349 to 360 months 0 0.00 0.00 0 0.0000 0.000000 361 months or greater 1 7,~~909~~907,~~142~~904.5267 0.83 7271 7.8800 3.~~430000~~440000 Totals 91 896,~~946~~287,~~963~~414.7884 93.8285 7271 7.~~6796~~6797 1.~~338542~~337580

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Unknown 1 1,499,811.99 0.16 101 6.8280 NAP 1 year or less 9874 ~~932~~824,~~431~~484,~~715~~250.9548 9786.5333 72 7.~~6594~~6365 1.~~412020~~433696 1 to 2 years 625 15112,~~204~~036,~~115~~836.0902 111.5973 7664 7.~~5133~~8217 01.~~871121~~235470 2 years or greater 26 817,~~364~~014,~~857~~943.3427 01.8778 7175 87.~~2249~~9307 1.~~411426~~176125 Totals 106 ~~956~~955,~~000~~035,~~688~~841.3876 100.00 7271 7.~~6620~~6622 1.~~403412~~403602 (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 265950394 1 OF Washington DC ~~327~~337,~~291~~676.4699 8069,~~308~~922.3582 7.580% 265950357 2 LO Various Various ~~322~~333,~~916~~680.6756 0.00 7.750% 510000162 3 OF Philadelphia PA ~~246~~253,~~092~~949.6680 5951,~~132~~274.0389 6.794% 265950334 4 MF La Jolla CA ~~221~~229,~~819~~006.2687 2922,~~843~~656.8423 8.030% 510000172 5 RT Islip NY ~~206~~212,~~055~~729.2052 2922,~~022~~348.6028 7.770% 603000006 6 MF Tallahassee FL ~~179~~185,~~496~~286.5039 3125,~~137~~347.7485 7.210% 603000007 7 MF Various FL ~~186~~192,~~248~~283.1076 2418,~~901~~865.2054 8.050% 603000008 8 OF Anaheim CA ~~186~~192,~~743~~810.7719 2115,~~139~~073.4806 8.700% 510000146 9 OF Gaithersburg MD ~~166~~171,~~312~~708.8051 2015,~~641~~245.0332 8.330% 265950525 10 MU Sacramento CA 154,375.00 0.00 7.800% 265950455 11 MF Las Vegas NV ~~138~~142,~~187~~793.5075 0.00 7.370% 265950554 12 OF New York NY ~~129~~133,~~635~~817.1974 2218,~~483~~300.3883 7.160% 510000160 13 RT Kaneohe HI ~~132~~137,~~801~~026.27 2925,~~280~~055.14 8.000% 265950520 14 MF Las Vegas NV ~~116~~120,~~796~~562.4750 2017,~~831~~065.8885 7.090% 510000165 15 SS Various Various ~~115~~118,~~318~~985.5435 2622,~~122~~455.2039 7.875% 265950445 16 IN Lake Forest CA ~~111~~114,~~371~~975.0366 1612,~~248~~644.8421 7.700% 265950532 17 RT Asheboro NC 99102,~~651~~866.1262 1713,~~183~~967.0555 7.178% 510000166 18 SS Various Various ~~106~~109,~~534~~922.5607 2420,~~132~~744.4392 7.875% 265950489 19 MF Riverside CA 9598,~~318~~394.1175 1512,~~964~~888.6501 7.320% 265950448 20 MF Neptune City NJ 9295,~~298~~220.8669 2421,~~795~~874.8502 7.250% 265950378 21 MF Irving TX 9194,~~875~~937.0050 0.00 7.350% 510000129 22 OF New York NY ~~106~~110,~~920~~396.6828 118,~~577~~101.0040 8.870% 503000023 23 MF Moon Township PA 8688,~~056~~835.5726 1411,~~140~~362.7405 7.380% 265950381 24 MF Irving TX 8790,~~281~~190.2563 0.00 7.350% 265950457 25 RT Woodbridge VA 7577,~~215~~643.3976 1210,~~537~~109.6932 7.300% 265950614 26 MF Bloomington IN 7578,~~950~~416.7177 107,~~243~~776.0094 7.440% 265950322 27 OF Bensalem Township PA 8184,~~545~~188.3887 108,~~654~~011.5203 8.140% 265950611 28 RT Los Angeles CA 7174,~~765~~085.9640 119,~~401~~082.4905 7.410% 503000029 29 RT Bluffton SC 6972,~~879~~135.2155 119,~~622~~366.8854 7.290% 265950533 30 RT Randleman NC 5860,~~473~~360.6543 108,~~089~~202.2345 7.176% 510000153 31 IN Santa Cruz CA 6870,~~601~~831.2938 75,~~601~~371.5950 8.650% 265950386 32 MF Dallas TX 5860,~~187~~127.5008 0.00 7.350% 265950400 33 RT Chesapeake VA 5759,~~311~~162.3890 97,~~114~~262.0048 7.500% 265950450 34 MF Wilmington DE 5455,~~125~~839.8829 1412,~~540~~827.7736 7.250% 510000169 35 RT Bangor ME 5557,~~513~~306.9859 97,~~203~~411.9231 7.300% 265950449 36 MF Matawan NJ 5254,~~986~~663.3873 1412,~~234~~557.6631 7.250% 510000128 37 IN Sunnyvale CA 6264,~~403~~428.2581 75,~~373~~348.8327 8.590% 265330988 38 MU Santa Monica CA 5153,~~828~~506.5750 75,~~267~~589.9198 7.940% 510000151 39 OF New York NY 5153,~~956~~667.0793 21,~~949~~237.7185 7.880% 265950566 40 OF Richmond VA 33,~~039~~799.1213 54,~~895~~135.0100 7.220% 265330998 41 OF Los Angeles CA 5051,~~306~~938.5034 64,~~302~~670.3450 8.300% 265950562 43 OF Houston TX 32,~~158~~897.0882 5352,~~431~~691.1440 7.220% 265950619 44 MF Norman OK 4445,~~351~~791.5460 54,~~981~~541.4236 7.440% 265330972 45 LO Sabal Park FL 4547,~~563~~019.7001 87,~~473~~018.7645 8.700% 265950561 46 OF Birmingham AL 2829,~~633~~292.9058 4746,~~575~~917.6800 7.220% 265950377 47 MF Richardson TX 3839,~~281~~557.2529 0.00 7.350% 265950384 48 MF Bedford TX 3839,~~281~~557.2529 0.00 7.350% 510000168 49 RT Jacksonville FL 3536,~~693~~846.1830 54,~~767~~614.7866 7.380% 510000148 50 OF Parsippany NJ 4041,~~396~~708.9439 43,~~808~~497.6015 8.480% 510000144 51 RT Los Angeles CA 3940,~~339~~616.2670 43,~~610~~332.0662 8.530% 265950348 52 OF Austin TX 3334,~~730~~821.1440 43,~~956~~864.1286 7.750% 265950458 53 MF Safety Harbor FL 3334,~~594~~681.6482 43,~~879~~791.1698 7.770% 265950395 54 IN Augusta GA 3334,~~336~~415.4050 43,~~812~~733.5545 7.750% 265950387 55 MF Dallas TX 3233,~~156~~228.2513 0.00 7.350% 510000163 56 MF Joliet IL 3132,~~695~~719.3649 53,~~013~~989.4027 7.500% 265950456 57 OF Alexandria VA 3132,~~177~~184.0141 43,~~968~~961.7434 7.440% 265330973 58 LO Tallahassee FL 3537,~~988~~137.4289 65,~~692~~543.9851 8.700% 265950321 59 MU Las Vegas NV 3233,~~840~~904.4583 43,~~345~~280.0870 8.100% 510000156 60 MF Lafayette Hills PA 2829,~~630~~552.0195 54,~~106~~183.5561 7.140% 265950435 61 RT Morrow GA 3031,~~762~~757.05 43,~~596~~601.41 7.680% 510000152 62 MF Monterey CA 3031,~~390~~373.5304 43,~~645~~662.2675 7.625% 265950390 63 RT Cupertino CA 3031,~~418~~402.56 43,~~516~~532.49 7.700% 265950444 64 OF San Clemente CA 3031,~~300~~281.3909 43,~~420~~440.7707 7.700% 265950382 65 MF San Antonio TX 2930,~~093~~063.7554 0.00 7.350% 510000159 66 RT Austin TX 3031,~~363~~346.1786 43,~~123~~140.7607 8.000% 265950349 67 OF Austin TX 2829,~~108~~017.4584 43,~~130~~220.1071 7.750% 265950565 68 OF Richmond VA 18,~~501~~927.9151 30,~~741~~315.2060 7.220% 510000145 69 RT Jacksonville FL 2728,~~224~~106.5289 32,~~570~~688.8245 8.170% 503000070 70 OF Pittsburgh PA 2526,~~976~~817.6375 32,~~640~~799.6957 7.900% 603000071 71 MF Patton Township PA 2425,~~472~~263.5967 32,~~770~~979.4032 7.600% 265950317 72 IN Memphis TN 2425,~~306~~094.4896 32,~~100~~312.6820 8.140% 825999645 73 RT Galt CA 15,~~197~~089.8147 18,~~728~~837.7711 6.942% 265950370 74 MF Pasadena TX 22,~~106~~823.5156 2,~~778~~061.1510 8.290% 510000164 75 MF Farmers Branch TX 1920,~~620~~254.9392 32,~~103~~469.5455 7.500% 265950372 76 MF Arlington TX 21,~~242~~932.5706 21,~~640~~951.6718 8.180% 265950560 77 OF Birmingham AL 13,~~215~~519.65 21,~~958~~654.00 7.220% 265950563 78 OF Houston TX 13,~~215~~519.65 21,~~958~~654.00 7.220% 265950459 79 RT Palm Beach Gardens FL 18,~~044~~628.7120 2,~~739~~155.1364 7.630% 265950422 80 IN Green Bay WI 1718,~~868~~436.9362 43,~~186~~618.6798 7.750% 510000161 81 OF Healdsburg CA 1819,~~423~~020.2521 21,~~489~~892.0408 8.000% 825999649 82 RT Palm Desert CA 11,~~896~~810.1488 1415,~~983~~069.8612 6.828% 265950365 83 MF Newark DE 1415,~~530~~000.1903 21,~~209~~739.1329 7.625% 265950328 84 RT Sterling IL 14,~~167~~625.3400 21,~~269~~811.5387 7.460% 265950481 85 MF Detroit MI 14,~~182~~641.5737 21,~~120~~661.4363 7.640% 265950431 86 RT Stamford CT 14,~~352~~817.2202 21,~~000~~536.9010 7.900% 510000158 87 MF Johnson Ciy TN 1314,~~954~~406.1422 1,~~895~~443.1709 8.000% ~~265330960 88 MF Clarksville TN 13,659.47 1,536,444.60 7.875%~~ 265950559 89 OF Birmingham AL 9,~~250~~463.9576 15,~~370~~157.6180 7.220% 265950369 90 MF Woburn MA 1213,~~708~~131.3394 0.00 7.625% 265330945 91 OF San Francisco CA 12,~~529~~934.1174 1,~~799~~393.1350 7.750% 510000157 92 MF Johnson Ciy TN 1213,~~758~~172.9935 1,~~732~~319.8650 8.000% 825999532 93 RT Portage MI 7,~~894~~838.9580 9,~~640~~697.8803 6.990% 510000154 94 IN Plano TX 1011,~~982~~338.4223 1,~~491~~135.5877 8.000% 510000149 95 RT Albuquerque NM 12,~~060~~453.9812 ~~1,312~~920.9379 8.750% 825999737 96 RT Roanoke VA 7,~~156~~105.3101 9,~~027~~079.7101 6.820% 825999799 97 RT Warren MI 6,~~587~~540.5416 8,~~423~~471.6806 6.750% 265950312 98 OF Encino CA 10,~~089~~417.9853 ~~1,204~~877.8126 8.470% 265950564 99 OF San Antonio TX 6,~~167~~309.3017 10,~~247~~105.0720 7.220% 265950440 100 MF Naples FL 8,~~137~~400.4696 ~~1,143~~879.4393 7.875% 265950353 101 OF White Plains NY 8,~~417~~690.3633 ~~1,071~~798.1417 8.250% 265950367 102 MF Stuart FL 8,~~200~~466.2242 ~~987~~721.5434 8.400% 265330909 103 MH Roanoke TX 6,~~200~~401.2262 ~~720~~518.0060 8.500% 265950423 104 RT Meridian ID 5,~~720~~906.9028 ~~772~~587.9254 8.000% 265950429 105 MF Carson City NV 5,~~434~~610.3011 ~~798~~622.4968 7.750% 265950409 106 RT Long Beach CA 4,~~583~~732.6859 ~~529~~380.5968 8.500% 265950428 107 MF Brookline MA 3,~~532~~647.6739 ~~419~~304.1442 8.415% 825999649 108 RT Palm Desert CA 8,~~437~~485.6465 (8,~~437~~485.6465) 6.828% Totals 6,~~124~~300,~~783~~492.9930 2964,~~662,360~~846.0462

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 265950394 N/A 02/01/2011 N 51,~~813~~733,~~951~~643.9560 51,~~733~~663,~~643~~720.6078 1201/01/~~2004~~2005 265950357 N/A 01/01/2011 N 50,000,000.00 50,000,000.00 1201/01/~~2004~~2005 510000162 01/31/2011 01/01/2029 N 43,~~466~~407,~~469~~337.4845 43,~~407~~356,~~337~~062.4556 1201/01/~~2004~~2005 265950334 N/A 01/01/2011 N 33,~~148~~118,~~581~~737.5066 33,~~118~~096,~~737~~081.6643 1201/01/~~2004~~2005 510000172 06/01/2011 06/01/2031 N 31,~~823~~794,~~196~~174.9434 31,~~794~~771,~~174~~826.3406 1201/01/~~2004~~2005 603000006 02/01/2011 02/01/2031 N 29,~~874~~843,~~590~~453.7804 29,~~843~~818,~~453~~105.0419 1201/01/~~2004~~2005 603000007 N/A 01/01/2008 N 27,~~763~~738,~~692~~791.6545 27,~~738~~719,~~791~~925.4591 1201/01/~~2004~~2005 603000008 07/01/2010 07/01/2030 N 25,~~757~~736,~~761~~621.2981 25,~~736~~721,~~621~~548.8175 1201/01/~~2004~~2005 510000146 11/01/2010 11/01/2030 N 23,~~958~~937,~~627~~986.3633 23,~~937~~922,~~986~~741.3301 1201/01/~~2004~~2005 265950525 N/A 11/10/2010 N 23,750,000.00 23,750,000.00 1201/10/~~2004~~2005 265950455 N/A 01/01/2011 N 22,500,000.00 22,500,000.00 1201/01/~~2004~~2005 265950554 04/01/2011 04/01/2031 N 21,~~726~~704,~~568~~085.7537 21,~~704~~685,~~085~~784.3754 1201/01/~~2004~~2005 510000160 N/A 01/01/2011 N 19,~~920~~890,~~190~~910.8268 19,~~890~~865,~~910~~855.6854 1201/01/~~2004~~2005 265950520 N/A 03/01/2011 N 19,~~768~~747,~~090~~258.6173 19,~~747~~730,~~258~~192.7388 1201/01/~~2004~~2005 510000165 02/01/2011 02/01/2026 N 17,~~572~~546,~~349~~227.5232 17,~~546~~523,~~227~~771.3293 1201/01/~~2004~~2005 265950445 N/A 04/01/2011 N 17,~~356~~340,~~523~~275.9814 17,~~340~~327,~~275~~630.1493 1201/01/~~2004~~2005 265950532 N/A 04/01/2011 N 16,~~659~~642,~~424~~241.2116 16,~~642~~628,~~241~~273.1661 1101/01/~~2004~~2005 510000166 02/01/2011 02/01/2026 N 16,~~233~~209,~~838~~705.2986 16,~~209~~188,~~705~~960.8694 1201/01/~~2004~~2005 265950489 N/A 02/01/2011 N 15,~~625~~609,~~919~~954.5287 15,~~609~~597,~~954~~066.8786 1201/01/~~2004~~2005 265950448 N/A 02/01/2011 N 15,~~277~~252,~~053~~257.4156 15,~~252~~230,~~257~~383.5654 12/01/2004 265950378 N/A 01/01/2011 N 15,000,000.00 15,000,000.00 1201/01/~~2004~~2005 510000129 N/A 06/01/2010 N 14,~~465~~453,~~030~~453.26 14,~~453~~445,~~453~~351.2686 1201/01/~~2004~~2005 503000023 N/A 02/01/2011 N 13,~~992~~978,~~938~~797.5278 13,~~978~~967,~~797~~435.7873 1201/01/~~2004~~2005 265950381 N/A 01/01/2011 N 14,250,000.00 14,250,000.00 1201/01/~~2004~~2005 265950457 N/A 03/01/2011 N 12,~~364~~351,~~173~~635.5182 12,~~351~~341,~~635~~526.8250 1201/01/~~2004~~2005 265950614 N/A 05/01/2011 N 12,~~250~~239,~~113~~870.75 12,~~239~~232,~~870~~093.7581 1201/01/~~2004~~2005 265950322 N/A 12/01/2010 N 12,~~021~~010,~~431~~777.5705 12,~~010~~002,~~777~~766.0502 1201/01/~~2004~~2005 265950611 N/A 11/01/2009 N 11,~~622~~610,~~017~~615.1970 11,~~610~~601,~~615~~533.7065 1201/01/~~2004~~2005 503000029 N/A 04/01/2011 N 11,~~502~~491,~~750~~127.6274 11,~~491~~481,~~127~~761.7420 1201/01/~~2004~~2005 265950533 N/A 04/01/2011 N 9,~~778~~768,~~202~~112.1996 9,~~768~~759,~~112~~910.9651 1101/01/~~2004~~2005 510000153 N/A 01/01/2011 N 9,~~516~~509,~~941~~340.8425 9,~~509~~503,~~340~~968.2575 1201/01/~~2004~~2005 265950386 N/A 01/01/2011 N 9,500,000.00 9,500,000.00 1201/01/~~2004~~2005 265950400 N/A 01/01/2011 N 9,~~169~~160,~~821~~707.07 9,~~160~~153,~~707~~444.0759 1201/01/~~2004~~2005 265950450 N/A 02/01/2011 N 8,~~958~~944,~~765~~225.9518 8,~~944~~931,~~225~~397.1882 12/01/2004 510000169 N/A 04/01/2011 N 9,~~125~~116,~~585~~381.1119 9,~~116~~108,~~381~~969.1988 1201/01/~~2004~~2005 265950449 N/A 02/01/2011 N 8,~~770~~755,~~160~~925.1347 8,~~755~~743,~~925~~368.4716 12/01/2004 510000128 N/A 06/01/2010 N 8,~~717~~710,~~566~~193.8502 8,~~710~~704,~~193~~844.0275 1201/01/~~2004~~2005 265330988 N/A 11/01/2010 N 7,~~833~~825,~~033~~765.5968 7,~~825~~820,~~765~~175.6870 1201/01/~~2004~~2005 510000151 N/A 12/01/2010 N 7,~~912~~909,~~092~~142.2352 7,~~909~~907,~~142~~904.5267 1201/01/~~2004~~2005 265950566 N/A 05/01/2011 N 5,~~491~~436,~~266~~371.6564 5,~~436~~382,~~371~~236.64 1201/01/~~2004~~2005 265330998 11/01/2010 11/01/2030 N 7,~~273~~266,~~229~~927.3905 7,~~266~~262,~~927~~256.0555 1201/01/~~2004~~2005 265950562 N/A 05/01/2011 N 5,~~344~~291,~~832~~401.8874 5,~~291~~238,~~401~~710.7434 1201/01/~~2004~~2005 265950619 N/A 05/01/2011 N 7,~~153~~147,~~473~~492.6220 7,~~147~~142,~~492~~950.2084 1201/01/~~2004~~2005 265330972 N/A 11/01/2010 N 6,~~284~~276,~~648~~174.1337 6,~~276~~269,~~174~~155.3792 1201/01/~~2004~~2005 265950561 N/A 05/01/2011 N 4,~~759~~711,~~097~~522.7608 4,~~711~~664,~~522~~605.08 1201/01/~~2004~~2005 265950377 N/A 01/01/2011 N 6,250,000.00 6,250,000.00 1201/01/~~2004~~2005 265950384 N/A 01/01/2011 N 6,250,000.00 6,250,000.00 1201/01/~~2004~~2005 510000168 N/A 04/01/2011 N 5,~~803~~798,~~769~~001.2345 5,~~798~~793,~~001~~386.4579 1201/01/~~2004~~2005 510000148 N/A 10/01/2010 N 5,~~716~~711,~~548~~739.4888 5,~~711~~708,~~739~~242.8873 1201/01/~~2004~~2005 510000144 N/A 10/01/2010 N 5,~~534~~529,~~244~~634.8781 5,~~529~~526,~~634~~302.8119 1201/01/~~2004~~2005 265950348 N/A 01/01/2011 N 5,~~222~~217,~~731~~775.3523 5,~~217~~213,~~775~~910.2337 1201/01/~~2004~~2005 265950458 N/A 02/01/2011 N 5,~~188~~183,~~361~~482.6347 5,~~183~~179,~~482~~690.4749 1201/01/~~2004~~2005 265950395 N/A 03/01/2011 N 5,~~161~~156,~~765~~953.8934 5,~~156~~153,~~953~~219.3489 1201/01/~~2004~~2005 265950387 N/A 01/01/2011 N 5,250,000.00 5,250,000.00 1201/01/~~2004~~2005 510000163 N/A 02/01/2011 N 5,~~071~~066,~~256~~243.9151 5,~~066~~062,~~243~~254.5124 08/01/2004 265950456 N/A 03/01/2011 N 5,~~028~~023,~~549~~580.7096 5,~~023~~019,~~580~~619.9662 1201/01/~~2004~~2005 265330973 N/A 11/01/2010 N 4,~~963~~957,~~920~~227.1921 4,~~957~~951,~~227~~683.2170 1201/01/~~2004~~2005 265950321 N/A 12/01/2010 N 4,~~865~~860,~~252~~907.3325 4,~~860~~857,~~907~~626.2555 1201/01/~~2004~~2005 510000156 N/A 01/01/2011 N 4,~~811~~806,~~766~~660.6409 4,~~806~~802,~~660~~476.0948 1201/01/~~2004~~2005 265950435 N/A 02/01/2011 N 4,~~806~~801,~~570~~973.1776 4,~~801~~798,~~973~~372.7635 1201/01/~~2004~~2005 510000152 N/A 01/01/2011 N 4,~~782~~778,~~771~~126.3307 4,~~778~~774,~~126~~463.0732 1201/01/~~2004~~2005 265950390 N/A 02/01/2011 N 4,~~740~~736,~~554~~038.6213 4,~~736~~732,~~038~~505.1364 1201/01/~~2004~~2005 265950444 N/A 04/01/2011 N 4,~~722~~717,~~138~~717.1235 4,~~717~~714,~~717~~277.3528 1201/01/~~2004~~2005 265950382 N/A 01/01/2011 N 4,750,000.00 4,750,000.00 1201/01/~~2004~~2005 510000159 N/A 01/01/2011 N 4,~~554~~550,~~475~~351.0529 4,~~550~~547,~~351~~211.2922 1201/01/~~2004~~2005 265950349 N/A 01/01/2011 N 4,~~352~~348,~~276~~146.1404 4,~~348~~344,~~146~~925.0433 1201/01/~~2004~~2005 265950565 N/A 05/01/2011 N 3,~~075~~044,~~109~~368.4626 3,~~044~~014,~~368~~052.2666 1201/01/~~2004~~2005 510000145 10/01/2010 10/01/2030 N 3,~~998~~995,~~706~~135.0624 3,~~995~~992,~~135~~446.2479 1101/01/~~2004~~2005 503000070 N/A 01/01/2011 N 3,~~945~~942,~~817~~177.7102 3,~~942~~939,~~177~~377.0245 1201/01/~~2004~~2005 603000071 N/A 01/01/2011 N 3,~~864~~860,~~093~~322.1575 3,~~860~~857,~~322~~343.7543 1201/01/~~2004~~2005 265950317 N/A 03/01/2011 N 3,~~583~~580,~~265~~164.0941 3,~~580~~577,~~164~~852.4121 1101/01/~~2004~~2005 825999645 N/A 06/01/2013 N 2,~~627~~608,~~106~~378.8710 2,~~608~~589,~~378~~540.1099 1201/01/~~2004~~2005 265950370 N/A 11/01/2005 N 3,~~199~~197,~~976~~198.8974 3,~~197~~195,~~198~~137.7464 1201/01/~~2004~~2005 510000164 N/A 02/01/2011 N 3,~~139~~136,~~349~~246.5804 3,~~136~~133,~~246~~776.0449 1201/01/~~2004~~2005 265950372 N/A 11/01/2010 N 3,~~116~~113,~~270~~629.1346 3,~~113~~111,~~629~~678.4628 09/01/2003 265950560 N/A 05/01/2011 N 2,~~196~~174,~~506~~548.77 2,~~174~~152,~~548~~894.77 1201/01/~~2004~~2005 265950563 N/A 05/01/2011 N 2,~~196~~174,~~506~~548.77 2,~~174~~152,~~548~~894.77 1201/01/~~2004~~2005 265950459 N/A 02/01/2011 N 2,~~837~~835,~~961~~222.6653 2,~~835~~833,~~222~~066.5389 1201/01/~~2004~~2005 265950422 N/A 02/01/2011 N 2,~~766~~762,~~801~~614.4477 2,~~762~~758,~~614~~995.7779 1201/01/~~2004~~2005 510000161 N/A 02/01/2011 N 2,~~763~~760,~~487~~998.9995 2,~~760~~759,~~998~~106.9587 1201/01/~~2004~~2005 825999649 N/A 06/01/2013 N 2,~~090~~075,~~710~~726.0923 2,~~075~~060,~~726~~657.2311 1201/01/~~2004~~2005 265950365 N/A 02/01/2011 N 2,~~286~~284,~~718~~509.5340 2,~~284~~282,~~509~~770.4011 1201/01/~~2004~~2005 265950328 N/A 02/01/2011 N 2,~~278~~276,~~928~~658.1158 2,~~276~~274,~~658~~846.5871 1201/01/~~2004~~2005 265950481 N/A 03/01/2011 N 2,~~227~~225,~~628~~508.8542 2,~~225~~223,~~508~~846.4279 1201/01/~~2004~~2005 265950431 N/A 02/01/2011 N 2,~~180~~178,~~084~~083.7080 2,~~178~~176,~~083~~547.8070 1201/01/~~2004~~2005 510000158 N/A 01/01/2011 N 2,~~093,120.58 2,~~091,225.41 ~~12/01/2004 265330960 N/A 01/01/2011 N~~ 2,~~081~~089,~~442~~782.32 ~~0.00 09~~01/01/~~2003~~2005 265950559 N/A 05/01/2011 N 1,~~537~~522,~~554~~183.5190 1,~~522~~507,~~183~~026.9010 1201/01/~~2004~~2005 265950369 N/A 01/01/2011 N 2,000,000.00 2,000,000.00 1201/01/~~2004~~2005 265330945 N/A 04/01/2011 N 1,~~939~~938,~~991~~191.0390 1,~~938~~936,~~191~~798.9040 1201/01/~~2004~~2005 510000157 N/A 01/01/2011 N 1,~~913~~912,~~848~~115.5165 1,~~912~~910,~~115~~796.6515 1201/01/~~2004~~2005 825999532 N/A 06/01/2013 N 1,~~355~~345,~~357~~716.0719 1,~~345~~336,~~716~~019.1916 1201/01/~~2004~~2005 510000154 N/A 01/01/2011 N 1,~~647~~645,~~363~~871.0951 1,~~645~~644,~~871~~735.5174 1201/01/~~2004~~2005 510000149 N/A 11/01/2010 N 1,~~654~~652,~~077~~764.5360 1,~~652~~651,~~764~~843.6081 1201/01/~~2004~~2005 825999737 N/A 06/01/2013 N 1,~~259~~250,~~175~~147.6291 1,~~250~~241,~~147~~068.9190 1201/01/~~2004~~2005 825999799 N/A 06/01/2013 N 1,~~171~~162,~~118~~695.9123 1,~~162~~154,~~695~~224.2317 1101/01/~~2004~~2005 265950312 N/A 10/01/2010 N 1,~~429~~428,~~513~~308.4564 1,~~428~~427,~~308~~431.6438 1201/01/~~2004~~2005 265950564 N/A 05/01/2011 N 1,~~025~~014,~~036~~789.5144 1,~~014~~004,~~789~~684.4424 1201/01/~~2004~~2005 265950440 N/A 02/01/2011 N 1,~~239~~238,~~993~~850.9855 1,~~238~~237,~~850~~970.5562 1201/01/~~2004~~2005 265950353 N/A 11/01/2010 N 1,~~224~~223,~~343~~272.9076 1,~~223~~222,~~272~~474.7659 1201/01/~~2004~~2005 265950367 N/A 12/01/2010 N 1,~~171~~170,~~459~~472.8733 1,~~170~~169,~~472~~750.3399 1201/01/~~2004~~2005 265330909 N/A 01/01/2006 N ~~875~~874,~~324~~604.57 874,~~604~~085.5797 1201/01/~~2004~~2005 265950423 N/A 02/01/2011 N ~~858,135.57~~ 857,362.65 12856,775.11 01/01/~~2004~~2005 265950429 N/A 01/01/2011 N ~~841~~840,~~439~~641.8435 840,~~641~~018.3567 1201/01/~~2004~~2005 265950409 N/A 02/01/2011 N ~~647~~646,~~107~~577.0748 646,~~577~~196.4880 1201/01/~~2004~~2005 265950428 N/A 02/01/2011 N 503,~~767~~348.1400 503,~~348~~043.0058 1201/01/~~2004~~2005 825999649 N/A 06/01/2013 N 1,~~482~~491,~~888~~326.7034 1,~~491~~499,~~326~~811.3499 1201/01/~~2004~~2005 Totals ~~959,208,046.14~~ 956,000,688.38 955,035,841.76

Loan Appraisal Appraisal Res. Mod. Number Reduction Reduction Strat. Code Date Amount (2) (3) 510000163 3 265950372 1201/0810/~~2004~~2005 1,~~442~~518,~~425~~475.3467 7 ~~265330960 7~~ Totals 1,~~442~~518,~~425~~475.3467 (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

~~Principal~~Historical ~~Prepayment~~ Detail ~~Loan~~Delinquencies ~~Number~~Distribution ~~Offering~~30-59 ~~Principal~~Days ~~Prepayment~~60-89 ~~Amount~~Days ~~Prepayment~~90 ~~Penalties~~Days ~~Document~~or ~~Payoff~~More ~~Curtailment~~Date ~~Prepayment~~# ~~Yield~~Balance ~~Maintenance~~# ~~Cross-Reference~~Balance ~~Amount~~# ~~Amount~~Balance ~~Premium~~01/14/2005 ~~Premium~~0 ~~265330960~~$0.00 880 $0.00 1 $5,~~534~~062,~~515~~254.24 12/14/2004 0 $0.00 0 $0.00 1 $5,066,243.51 11/15/2004 0 $0.00 1 $5,071,256.91 0 $0.00 10/15/2004 0 $0.00 0 $0.00 0 $0.00 09/14/2004 0 $0.00 0 $0.00 0 $0.00 08/13/2004 0 $0.00 0 $0.00 0 $0.00 ~~Totals~~07/14/2004 0 $0.00 0 $0.00 0 $0.00 06/14/2004 0 $0.00 0 $0.00 0 $0.00 05/14/2004 0 $0.00 0 $0.00 0 $0.00 04/14/2004 0 $0.00 0 $0.00 1 $2,~~534~~092,~~515~~828.0805 03/12/2004 0 $0.00 0 $0.00 1 $2,094,215.64 02/13/2004 0 $0.00 0 $0.00 1 $2,096,504.93

~~Historical Detail Delinquencies~~ Distribution ~~30-59~~Foreclosure ~~Days~~REO ~~60-89~~Modifications ~~Days 90 Days or More~~ Date # Balance # Balance # Balance 1201/14/~~2004~~2005 0 $0.00 1 $3,111,678.28 0 $0.00 112/14/2004 0 $50.00 2 $3,~~066~~113,~~243~~629.5146 0 $0.00 11/15/2004 0 $0.00 12 $5,~~071~~197,~~256~~712.9145 0 $0.00 10/15/2004 0 $0.00 02 $05,201,095.0079 0 $0.00 09/14/2004 0 $0.00 02 $05,205,612.0098 0 $0.00 08/13/2004 0 $0.00 02 $05,208,941.0093 0 $0.00 07/14/2004 0 $0.00 02 $05,212,247.0097 0 $0.00 06/14/2004 01 $02,089,563.0066 01 $03,127,127.0020 0 $0.00 05/14/2004 01 $02,090,973.0024 01 $03,128,970.0032 0 $0.00 04/14/2004 0 $0.00 ~~0 $0.00~~ 1 $23,~~092~~131,~~828~~507.~~05 03/~~12~~/2004~~ 0 $0.00 03/12/2004 0 $0.00 1 $23,~~094~~133,~~215~~319.6460 ~~02/13/2004~~ 0 $0.00 02/13/2004 0 $0.00 1 $23,~~096~~136,~~504~~534.9382 ~~01/14/2004~~ 0 $0.00 ~~0 $0.00 1 $2,097,867.75~~

Prepayments Rate and Maturities Distribution ~~Foreclosure~~Curtailments ~~REO~~Payoff ~~Modifications~~Next Weighted Avg. WAM Date # ~~Balance~~Amount # ~~Balance~~Amount #Coupon ~~Balance~~Remit 1201/14/~~2004~~2005 0 $0.00 ~~2 $3,113,629.46~~ 0 $0.00 117.662176% 7.604229% 71 12/1514/2004 0 $0.00 21 $51,~~197~~534,~~712~~515.4508 7.662001% 7.604055% 72 11/15/2004 0 $0.00 0 $0.00 7.662301% 7.605147% 73 10/15/2004 0 $0.00 ~~2 $5,201,095.79~~ 0 $0.00 7.662129% 7.604975% 74 09/14/2004 0 $0.00 ~~2 $5,205,612.98~~ 0 $0.00 7.661969% 7.604816% 75 08/13/2004 0 $0.00 ~~2 $5,208,941.93~~ 0 $0.00 7.661799% 7.604646% 76 07/14/2004 0 $0.00 21 $57,~~212~~194,~~247~~782.9793 07.661630% $07.00604478% 77 06/14/2004 10 $~~2,089,563~~0.6600 ~~1 $3,127,127.20~~ 0 $0.00 7.664011% 7.605022% 78 05/14/2004 10 $~~2,090,973~~0.2400 ~~1 $3,128,970.32~~ 0 $0.00 7.663844% 7.604857% 79 04/14/2004 0 $0.00 ~~1 $3,131,507.12~~ 0 $0.00 7.663691% 7.604704% 80 03/12/2004 0 $0.00 ~~1 $3,133,319.60~~ 0 $0.00 7.663528% 7.604542% 81 02/13/2004 0 $0.00 ~~1 $3,136,534.82~~ 0 $0.00 ~~01/14/2004~~7.663388% ~~0 $0~~7.00604403% 182 ~~$3,138,312.14~~Note: 0Foreclosure $0and REO Totals are excluded from the delinquencies aging categories.00

~~Prepayments~~Delinquency ~~Rate~~Loan ~~and~~Detail ~~Maturities~~Offering ~~Distribution~~# ~~Curtailments~~of ~~Payoff~~Paid ~~Next~~Through ~~Weighted~~Current ~~Avg.~~Outstanding ~~WAM~~Status ~~Date~~of #Loan ~~Amount~~Number #Document ~~Amount~~Months ~~Coupon~~Date ~~Remit~~P ~~12/14/2004~~& 0I ~~$0.00~~P 1& ~~$1,534,515.08~~I ~~7.662001%~~Mortgage ~~7.604055%~~Cross- ~~72 11/15/2004 0 $0~~Delinq.00 0Advances ~~$0.00~~Advances ~~7.662301%~~** ~~7.605147%~~Loan 73(1) ~~10/15/2004~~Reference 0265950448 ~~$0.00~~20 0 ~~$0.00 7.662129% 7.604975% 74 09~~12/1401/2004 ~~0 $0~~116,459.0019 ~~0 $0~~116,459.0019 ~~7.661969%~~B ~~7.604816%~~265950450 7534 ~~08/13/2004~~ 0 ~~$0.00 0 $0.00 7.661799% 7.604646% 76 07~~12/1401/2004 ~~0 $0~~68,293.0097 ~~1 $7~~68,~~194,782~~293.9397 ~~7.661630%~~B ~~7.604478%~~265950449 7736 ~~06/14/2004~~ 0 ~~$0.00 0 $0.00 7.664011% 7.605022% 78 05~~12/1401/2004 ~~0 $0~~66,856.0020 ~~0 $0~~66,856.0020 ~~7.663844%~~B ~~7.604857%~~510000163 7956 ~~04/14/2004~~4 ~~0 $0.00 0 $0.00 7.663691% 7.604704% 80 03~~08/1201/2004 ~~0 $0~~36,434.0034 ~~0 $0~~182,169.0022 ~~7.663528%~~3 ~~7.604542%~~265950372 8176 ~~02/13/2004~~15 ~~0 $0.00 0 $0.00 7.663388% 7.604403% 82~~ 09/01/~~14/2004~~2003 ~~0 $0~~12,105.0097 ~~0 $0~~278,845.0019 ~~7.663227%~~9 ~~7.606650% 83 Note: Foreclosure and REO~~ Totals ~~are~~5 ~~excluded~~300,149.66 ~~from the delinquencies aging categories~~712,623.77

~~Delinquency~~Resolution ~~Loan~~Servicing ~~Detail~~Actual ~~Offering~~Outstanding #Loan ofStrategy ~~Paid~~Transfer ~~Through~~Foreclosure ~~Current~~Principal ~~Outstanding~~Servicing ~~Status~~Bankruptcy ofREO ~~Loan~~ Number ~~Document~~Code ~~Months~~(2) Date PDate &Balance IAdvances PDate &Date I265950448 ~~Mortgage Cross- Delinq~~15,252,257.56 ~~Advances Advances ** Loan (1) Reference 265950532 17~~ 0.00 ~~11/01/2004~~265950450 ~~116~~8,~~140.03 116~~944,~~140~~225.0318 ~~A 265950533 30~~ 0.00 ~~11/01/2004~~265950449 688,~~155~~755,925.4647 ~~68,155~~0.4600 A 510000163 56 3 ~~08/01/2004 36,434.07 145,734.88 3 510000145 69 0~~ 11/0109/2004 305,~~578.74 30~~084,~~578~~020.~~74 B 265950317~~ 72 ~~0 11/01/2004 27~~5,~~257~~601.8665 ~~27,257.86 A~~ 265950372 767 ~~14 09~~08/01/2003 123,~~698~~146,707.5814 ~~266~~1,~~739~~006,700.2357 ~~9 825999799 97 0 11~~10/0107/~~2004~~2003 ~~14,962.42 14,962.42 A~~ Totals ~~7 306~~41,~~227~~183,136.1507 ~~669~~1,~~568~~012,302.6222

~~Resolution~~Current ~~Servicing~~Outstanding Actual Outstanding ~~Loan~~P ~~Strategy~~& ~~Transfer~~I ~~Foreclosure~~P & I Principal Servicing ~~Bankruptcy~~Advances ~~REO~~Advances** ~~Number~~Balance ~~Code~~Advances ~~(2)~~Totals ~~Date~~By ~~Date~~Delinquency ~~Balance~~Code: ~~Advances~~Total ~~Date~~for ~~Date~~Status ~~265950532~~Code ~~16,659,424.21~~= ~~0.00~~3 ~~265950533~~(1 9loan) 36,~~778,202~~434.1934 0182,169.0022 ~~510000163 3 11/09/2004~~ 5,084,020.72 5,601.65 ~~510000145~~Total 3for Status Code = 9 (1 loan) 12,~~998,706~~105.0697 0278,845.0019 ~~265950317~~ 3,~~583~~146,~~265~~707.0914 01,006,700.0057 ~~265950372~~Total 7for ~~08/01/2003~~Status Code = B (3 loans) 251,~~146,707~~609.1436 ~~947~~251,~~135~~609.0736 ~~10/07/2003 825999799 1~~32,~~171~~952,~~118~~408.9121 0.00 ~~Totals~~(1) ~~43,421,444.32~~Status ~~952,736~~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.72

~~Current~~Specially ~~Outstanding~~Serviced ~~Actual~~Loan ~~Outstanding~~Detail P- &Part I1 POffering ~~& I Principal~~ Servicing ~~Advances~~Resolution Advances**Scheduled ~~Balance~~Property ~~Advances~~Interest ~~Totals~~Actual ByLoan ~~Delinquency~~Document ~~Code:~~Transfer ~~Total~~Strategy ~~for~~Balance ~~Status~~Type ~~Code = 3~~ (~~1 loan~~2) ~~36,434.07~~State ~~145,734.88~~Rate ~~5,084,020.72~~Balance ~~5,601.65~~Number ~~Total~~Cross ~~for~~Date ~~Status~~ Code ~~= 9~~ (1 ~~loan~~) ~~12,698.58~~Reference ~~266,739.23~~510000163 56 11/09/2004 3 5,~~146~~062,~~707~~254.1424 ~~947,135.07~~MF ~~Total~~IL ~~for Status Code = A (4 loans) 226,515~~7.77500% ~~226~~5,~~515.77 31~~084,~~192,010~~020.4072 ~~0.00~~265950372 ~~Total~~76 ~~for~~08/01/2003 ~~Status~~7 ~~Code = B (1 loan) 30,578.74 30,578.74~~ 3,~~998~~111,~~706~~678.0628 ~~0.00~~MF ~~(1)~~TX 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 8.180% - 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 advance3,146,707.14

Net Remaining Loan Operating DSCR Note Maturity Amortization Number Income Date DSCR Date Date Term 510000163 193,384.10 12/31/2003 0.44 03/01/2001 02/01/2011 312 265950372 175,179.79 12/31/2002 0.61 12/01/2000 11/01/2010 315 (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 ~~510000163 56 3 11/28/2000 6,700,000.00 265950372 76 7 09/23/2003 3,250,000.00~~

Loan Number Comments from Special Servicer 510000163 Loan was transferred 11/12/04 due to the loan being 60 days past due. Borrower has not responded to our initial attempts to contact. 265950372 Occupancy @ 89%. Obtaining revised BOV's in December 04. (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

~~Specially~~Liquidated ~~Serviced~~ Loan Detail -Loan ~~Part~~Final 1 Offering ~~Servicing~~Appraisal ~~Resolution~~Appraisal ~~Scheduled~~Actual ~~Property~~Gross ~~Interest~~Gross ~~Actual~~Proceeds ~~Loan~~Number Recovery Document ~~Transfer~~Date ~~Strategy~~Value Balance ~~Type~~Proceeds ~~(2)~~as ~~State~~a ~~Rate~~% ~~Balance~~of ~~Number~~Determination Cross ~~Date~~Actual ~~Code~~Balance ~~(1)~~Date Reference ~~510000163~~265330995 ~~56 11~~06/0930/2004 342 507/17/2000 16,~~066~~000,~~243~~000.5100 ~~MF IL~~ 7,284,523.~~500%~~61 57,~~084~~455,~~020~~125.7229 ~~265950372~~102.342% 76265330960 12/08/~~01/2003~~2004 788 307/15/2004 2,~~113~~000,~~629~~000.4600 ~~MF TX 8~~2,104,135.~~180%~~42 32,~~146~~179,~~707~~061.1462 ~~265330960~~103.561% 88Current ~~01/12/2004~~Total 70.00 0.00 MF0.00 TNCumulative ~~7.875%~~Total 018,000,000.00 9,388,659.03 9,634,186.91

Liquidated Loan Detail Loan ~~Final~~Aggregate ~~Offering~~Net ~~Appraisal~~Net ~~Appraisal~~Proceeds ~~Actual~~Realized ~~Gross~~Repurchased ~~Gross Proceeds~~ Number ~~Recovery~~Liquidation ~~Document~~Liquidation ~~Date Value Balance Proceeds~~ as a % of ~~Determination~~Loss ~~Cross~~by ~~Actual~~Seller ~~Balance~~Expenses ~~Date~~* ~~Reference~~Proceeds ~~265330995~~ctual ~~06/30/2004~~Balance ~~42 07~~(Y/~~17/2000~~N) ~~16,000,000.00~~265330995 7126,~~284,523~~920.6159 7,~~455~~328,~~125~~204.2970 ~~102~~100.~~342~~600% ~~265330960~~78,389.43 ~~12/08/2004~~N 88265330960 ~~07/15/2004 2~~321,~~000,000~~308.0051 21,~~104~~857,~~135~~753.4211 ~~2,179,061~~88.62291% ~~103~~544,997.~~561%~~72 N Current Total ~~2,000,000~~0.00 ~~2,104,135~~0.4200 ~~2,179,061~~0.6200 Cumulative Total 18448,~~000,000~~229.0010 9,~~388~~185,~~659~~957.0381 9623,~~634~~387.15 * Aggregate liquidation expenses also include outstanding P & I advances and unpaid fees (servicing,~~186~~ trustee, etc.91).

Liquidated Loan Detail Loan Aggregate Net Net Proceeds Realized Repurchased Number Liquidation Liquidation as a % of Loss by Seller Expenses * Proceeds ctual Balance (Y/N) 265330995 126,920.59 7,328,204.70 100.600% 78,389.43 N 265330960 321,308.51 1,857,753.11 88.291% 544,997.72 N Current Total 321,308.51 1,857,753.11 544,997.72 Cumulative Total 448,229.10 9,185,957.81 623,387.15 * Aggregate liquidation expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

Filing Compare · FIRST UNION COMMERCIAL MORTGAGE PASS THR CER SER 2001-C2