8-K 1 mlt04kb1_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 12, 2005 (Date of earliest event reported) Commission File No.: 333-108378-02 Merrill Lynch Mortgage Investors, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-MKB1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2152471 54-2152472 54-6616720 54-6616721 54-6616722 (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 12, 2005, a distribution was made to holders of Merrill Lynch Mortgage Investors, Inc., Commercial Mortgage Pass-Through Certificates, Series 2004-MKB1. 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 2004-MKB1, relating to the January 12, 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. Merrill Lynch Mortgage Investors, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-MKB1 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: January 12, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2004-MKB1, relating to the January 12, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Merrill Lynch Mortgage Investors, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-MKB1 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 12, 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 - 16 Mortgage Loan Detail 17 - 19 Principal Prepayment Detail 20 Historical Detail 21 Delinquency Loan Detail 22 - 23 Specially Serviced Loan Detail 24 - 25 Modified Loan Detail 26 Liquidated Loan Detail 27 Depositor Merrill Lynch Mortgage Investors Inc. 4 World Financial Center, 16th Floor 250 Vesey Street New York, NY 10080 Contact: Robert Denicola Phone Number: (212) 449-1000 Master Servicer KeyCorp Real Estate Capital Markets, Inc. 911 Main Street, Suite 1500 Kansas City, MO 64105 Contact: Marty O'Conner Phone Number: (816) 221-8800 Special Servicer Clarion Partners, LLC 335 Madison Avenue, 7th Floor New York, NY 10017 Contact: Bruce G. Morrison Phone Number: (212) 883-2500 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 59022HCS9 3.563000% 52,161,616.00 4948,~~127~~572,~~556~~423.7850 ~~555~~496,~~133~~325.2843 ~~145~~144,~~867~~219.9062 A-2 59022HCT7 4.353000% 379,800,000.00 379,800,000.00 0.00 1,377,724.50 A-3 59022HCU4 4.892000% 65,000,000.00 65,000,000.00 0.00 264,983.33 A-4 59022HCV2 5.176000% 169,657,000.00 169,657,000.00 0.00 731,787.19 A-1A 59022HDB5 4.867000% 163,804,000.00 ~~163~~162,~~070~~934,~~101~~443.5977 ~~135~~119,~~657~~194.8218 ~~661~~660,~~385~~834.1595 B 59022HCW0 5.280000% 26,946,000.00 26,946,000.00 0.00 118,562.40 C 59022HCX8 5.320000% 11,023,000.00 11,023,000.00 0.00 48,868.63 D 59022HCY6 5.~~164066~~163954% 25,721,000.00 25,721,000.00 0.00 110,~~687~~685.4606 E 59022HCZ3 5.~~253066~~252954% 11,024,000.00 11,024,000.00 0.00 48,~~258~~257.1714 F 59022HDC3 5.~~334066~~333954% 13,473,000.00 13,473,000.00 0.00 59,~~888~~886.2397 G 59022HDD1 5.~~334066~~333954% 12,248,000.00 12,248,000.00 0.00 54,~~443~~441.0490 H 59022HDE9 5.~~334066~~333954% 11,023,000.00 11,023,000.00 0.00 48,~~997~~996.8482 J 59022HDF6 5.~~334066~~333954% 3,675,000.00 3,675,000.00 0.00 16,335.5824 K 59022HDG4 5.~~334066~~333954% 4,899,000.00 4,899,000.00 0.00 21,~~776~~775.3387 L 59022HDH2 5.~~334066~~333954% 4,899,000.00 4,899,000.00 0.00 21,~~776~~775.3387 M 59022HDJ8 5.~~334066~~333954% 4,899,000.00 4,899,000.00 0.00 21,~~776~~775.3387 N 59022HDK5 5.~~334066~~333954% 2,450,000.00 2,450,000.00 0.00 10,890.3916 P 59022HDL3 5.~~334066~~333954% 3,674,000.00 3,674,000.00 0.00 16,~~331~~330.1379 Q 59022HDM1 5.~~334066~~333954% 13,473,705.00 13,473,705.00 0.00 59,~~748~~805.1645 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 Z N/A 0.000000% 0.01 0.01 0.00 0.00 Totals 979,850,321.01 ~~976~~975,~~082~~391,~~363~~572.3828 ~~690~~615,~~791~~519.1061 3,~~840~~837,~~088~~937.0976

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 59022HCS9 0.00 0.00 ~~701~~640,~~001~~545.1805 48,~~572~~076,~~423~~098.5007 15.3233% A-2 59022HCT7 0.00 0.00 1,377,724.50 379,800,000.00 15.3233% A-3 59022HCU4 0.00 0.00 264,983.33 65,000,000.00 15.3233% A-4 59022HCV2 0.00 0.00 731,787.19 169,657,000.00 15.3233% A-1A 59022HDB5 0.00 0.00 ~~797~~780,~~042~~029.9713 162,~~934~~815,~~443~~249.7759 15.3233% B 59022HCW0 0.00 0.00 118,562.40 26,946,000.00 12.5657% C 59022HCX8 0.00 0.00 48,868.63 11,023,000.00 11.43% D 59022HCY6 0.00 0.00 110,~~687~~685.4606 25,721,000.00 8.7980% E 59022HCZ3 0.00 0.00 48,~~258~~257.1714 11,024,000.00 7.66% F 59022HDC3 0.00 0.00 59,~~888~~886.2397 13,473,000.00 6.28% G 59022HDD1 0.00 0.00 54,~~443~~441.0490 12,248,000.00 5.0203% H 59022HDE9 0.00 0.00 48,~~997~~996.8482 11,023,000.00 3.8990% J 59022HDF6 0.00 0.00 16,335.5824 3,675,000.00 3.52% K 59022HDG4 0.00 0.00 21,~~776~~775.3387 4,899,000.00 3.0102% L 59022HDH2 0.00 0.00 21,~~776~~775.3387 4,899,000.00 2.51% M 59022HDJ8 0.00 0.00 21,~~776~~775.3387 4,899,000.00 2.01% N 59022HDK5 0.00 0.00 10,890.3916 2,450,000.00 1.76% P 59022HDL3 0.00 0.00 16,~~331~~330.1379 3,674,000.00 1.38% Q 59022HDM1 0.00 0.00 59,~~748~~805.1645 13,473,705.00 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% Z N/A 0.00 0.00 0.00 0.01 0.00% Totals 0.00 0.00 4,~~530~~453,~~879~~457.1937 ~~975~~974,~~391~~776,~~572~~052.2867

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount XC 59022HDN9 0.~~034187~~033135% 979,850,321.00 ~~976~~975,~~082~~391,~~363~~572.37 27 26,~~807~~932.4560 XP 59022HDA7 0.~~595750~~595652% 952,193,000.00 948,118,000.00 470,~~701~~623.3650

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount XC 59022HDN9 0.00 2726,~~807~~932.4560 ~~975~~974,~~391~~776,~~572~~052.2766 XP 59022HDA7 0.00 470,~~701~~623.3650 948,118,000.00 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).

Certificate Factor Detail Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending Balance Distribution Distribution Penalties Additional Balance Trust Fund Expenses A-1 59022HCS9 ~~941~~931.~~83348882~~19092591 109.~~64256291~~51514673 2.~~79646052~~76486104 0.00000000 0.00000000 ~~931~~921.~~19092591~~67577918 A-2 59022HCT7 1,000.00000000 0.00000000 3.62750000 0.00000000 0.00000000 1,000.00000000 A-3 59022HCU4 1,000.00000000 0.00000000 4.07666662 0.00000000 0.00000000 1,000.00000000 A-4 59022HCV2 1,000.00000000 0.00000000 4.31333331 0.00000000 0.00000000 1,000.00000000 A-1A 59022HDB5 ~~995~~994.~~51965514~~69148354 0.~~82817160~~72766343 4.~~03766178~~03430289 0.00000000 0.00000000 ~~994~~993.~~69148354~~96382011 B 59022HCW0 1,000.00000000 0.00000000 4.40000000 0.00000000 0.00000000 1,000.00000000 C 59022HCX8 1,000.00000000 0.00000000 4.43333303 0.00000000 0.00000000 1,000.00000000 D 59022HCY6 1,000.00000000 0.00000000 4.~~30338867~~30329536 0.00000000 0.00000000 1,000.00000000 E 59022HCZ3 1,000.00000000 0.00000000 4.~~37755533~~37746190 0.00000000 0.00000000 1,000.00000000 F 59022HDC3 1,000.00000000 0.00000000 4.~~44505530~~44496178 0.00000000 0.00000000 1,000.00000000 G 59022HDD1 1,000.00000000 0.00000000 4.~~44505552~~44496244 0.00000000 0.00000000 1,000.00000000 H 59022HDE9 1,000.00000000 0.00000000 4.~~44505489~~44496235 0.00000000 0.00000000 1,000.00000000 J 59022HDF6 1,000.00000000 0.00000000 4.~~44505578~~44496327 0.00000000 0.00000000 1,000.00000000 K 59022HDG4 1,000.00000000 0.00000000 4.~~44505613~~44496224 0.00000000 0.00000000 1,000.00000000 L 59022HDH2 1,000.00000000 0.00000000 4.~~44505613~~44496224 0.00000000 0.00000000 1,000.00000000 M 59022HDJ8 1,000.00000000 0.00000000 4.~~44505613~~44496224 0.00000000 0.00000000 1,000.00000000 N 59022HDK5 1,000.00000000 0.00000000 4.~~44505714~~44496327 0.00000000 0.00000000 1,000.00000000 P 59022HDL3 1,000.00000000 0.00000000 4.~~44505444~~44496189 0.00000000 0.00000000 1,000.00000000 Q 59022HDM1 1,000.00000000 0.00000000 4.~~43442691~~43867889 0.00000000 0.00000000 1,000.00000000 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z N/A 1,000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1,000.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount XC 59022HDN9 ~~996~~995.~~15455795~~44956139 0.~~02837928~~02748644 0.00000000 ~~995~~994.~~44956139~~82138421 XP 59022HDA7 995.72040542 0.~~49433398~~49425222 0.00000000 995.72040542

Reconciliation Detail Advance Summary P & I Advances Outstanding 1,~~257~~469,~~579~~758.6091 Servicing Advances Outstanding ~~200~~13,493.0012 Reimbursement for Interest on Advances ~~143~~84.2166 paid from general collections

Master Servicing Fee Summary Current Period Accrued Master Servicing Fees 3940,~~743~~993.0014 Less Delinquent Master Servicing Fees 1719,~~204~~385.3942 Less Reductions to Master Servicing Fees 0.00 Plus Master Servicing Fees for Delinquent Payments Received 2017,~~396~~204.4539 Plus Adjustments for Prior Master Servicing Calculation 0.00 Total Master Servicing Fees Collected 4238,~~935~~812.0611

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 ~~145~~144,~~867~~219.9062 0.00 ~~145~~144,~~867~~219.9062 0.00 0.00 ~~145~~144,~~867~~219.9062 0.00 A-2 1,377,724.50 0.00 1,377,724.50 0.00 0.00 1,377,724.50 0.00 A-3 264,983.33 0.00 264,983.33 0.00 0.00 264,983.33 0.00 A-4 731,787.19 0.00 731,787.19 0.00 0.00 731,787.19 0.00 A-1A ~~661~~660,~~385~~834.1595 0.00 ~~661~~660,~~385~~834.1595 0.00 0.00 ~~661~~660,~~385~~834.1595 0.00 XC 2726,~~807~~932.4560 0.00 2726,~~807~~932.4560 0.00 0.00 2726,~~807~~932.4560 0.00 XP 470,~~701~~623.3650 0.00 470,~~701~~623.3650 0.00 0.00 470,~~701~~623.3650 0.00 B 118,562.40 0.00 118,562.40 0.00 0.00 118,562.40 0.00 C 48,868.63 0.00 48,868.63 0.00 0.00 48,868.63 0.00 D 110,~~687~~685.4606 0.00 110,~~687~~685.4606 0.00 0.00 110,~~687~~685.4606 0.00 E 48,~~258~~257.1714 0.00 48,~~258~~257.1714 0.00 0.00 48,~~258~~257.1714 0.00 F 59,~~888~~886.2397 0.00 59,~~888~~886.2397 0.00 0.00 59,~~888~~886.2397 0.00 G 54,~~443~~441.0490 0.00 54,~~443~~441.0490 0.00 0.00 54,~~443~~441.0490 0.00 H 48,~~997~~996.8482 0.00 48,~~997~~996.8482 0.00 0.00 48,~~997~~996.8482 0.00 J 16,335.5824 0.00 16,335.5824 0.00 0.00 16,335.5824 0.00 K 21,~~776~~775.3387 0.00 21,~~776~~775.3387 0.00 0.00 21,~~776~~775.3387 0.00 L 21,~~776~~775.3387 0.00 21,~~776~~775.3387 0.00 0.00 21,~~776~~775.3387 0.00 M 21,~~776~~775.3387 0.00 21,~~776~~775.3387 0.00 0.00 21,~~776~~775.3387 0.00 N 10,890.3916 0.00 10,890.3916 0.00 0.00 10,890.3916 0.00 P 16,~~331~~330.1379 0.00 16,~~331~~330.1379 0.00 0.00 16,~~331~~330.1379 0.00 Q 59,~~891~~890.3611 0.00 59,~~891~~890.3611 0.00 ~~143~~84.2166 59,~~748~~805.1645 ~~273~~358.4814 Total 4,~~338~~335,~~740~~578.1052 0.00 4,~~338~~335,~~740~~578.1052 0.00 ~~143~~84.2166 4,~~338~~335,~~596~~493.9086 ~~273~~358.4814

Other Required Information Available Distribution Amount (1) 54,~~029~~951,~~388~~013.0047 Principal Distribution Amount ~~690~~615,~~791~~519.1061 (a) Principal portion of Monthly Payments ~~690~~615,~~791~~519.1061 and any Assumed Monthly Payments (b) Principal Prepayments 0.00 (c) Collection of Principal on a Balloon 0.00 Loan after its stated Maturity Date (d) Liquidation Proceeds and Insurance 0.00 Proceeds received on a Mortgage Loan (e) Liquidation Proceeds, Insurance Proceeds, 0.00 or REO Revenues received on an REO Plus the excess of the prior Principal Distribution 0.00 Amount over the principal paid to the Sequential Pay Certificates Aggregate Number of Outstanding Loans 72 Aggregate Unpaid Principal Balance of Loans ~~975~~974,~~575~~959,~~566~~291.0746 Aggregate Stated Principal Balance of Loans ~~975~~974,~~391~~776,~~573~~053.0544 Aggregate Amount of Master Servicing Fee 4238,~~935~~812.0611 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,~~870~~930.8278 Aggregate Trust Fund Expenses ~~143~~84.2166 Interest Reserve Deposit 0142,217.0017 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 4,520,719.58 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 4,520,719.58 Principal: Scheduled Principal 615,519.61 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 615,519.61 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 5,136,239.19 Total Funds Distributed Fees: Master Servicing Fee 40,993.14 Trustee Fee 1,930.78 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 42,923.92 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 84.66 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 84.66 Interest Reserve Deposit 142,217.17 Payments to Certificateholders & Others: Interest Distribution 4,335,493.86 Principal Distribution 615,519.61 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 4,951,013.47 Total Funds Distributed 5,136,239.22

Current Mortgage Loan and Property Stratification Tables Aggregate Pool Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,999,999 or less 6 15,~~173~~151,~~252~~395.4057 1.5655 ~~118~~117 5.~~7170~~7166 1.~~807676~~804332 3,000,000 - 3,999,999 5 16,~~645~~623,~~141~~278.6778 1.71 ~~118~~117 5.8652 1.~~638258~~638189 4,000,000 - 4,999,999 7 30,~~986~~950,~~108~~641.2932 3.18 ~~127~~126 5.~~7276~~7275 1.~~299591~~286754 5,000,000 - 5,999,999 4 20,~~955~~935,~~416~~900.3795 2.15 8483 5.~~4813~~4816 1.~~497855~~497879 6,000,000 - 6,999,999 12 78,~~890~~816,~~522~~116.2167 8.09 ~~102~~101 5.~~7019~~7020 1.~~493562~~484637 7,000,000 - 7,999,999 4 29,~~424~~393,~~451~~988.1653 3.02 9695 5.3516 1.~~417014~~417012 8,000,000 - 9,999,999 6 50,~~440~~364,~~039~~336.1636 5.17 ~~120~~119 5.~~6230~~6231 1.~~615023~~762775 10,000,000 - 12,999,999 11 125,~~676~~553,~~802~~139.1554 12.88 8079 5.5384 1.~~496601~~496609 13,000,000 - 19,999,999 8 118,~~947~~860,~~534~~265.8042 12.19 ~~103~~102 5.~~6300~~6301 1.~~403260~~403254 20,000,000 - 49,999,999 5 148,~~752~~626,~~304~~990.8430 15.25 ~~100~~99 5.~~5015~~5016 1.~~789144~~767200 50,000,000 - 99,999,999 3 188,500,000.00 19.3334 6261 5.1781 23.~~564828~~326366 100,000,000 or greater 1 151,000,000.00 15.4849 4544 4.8000 3.~~110000~~070000 Totals 72 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 3,540,000.00 0.36 7170 5.0100 3.~~400000~~170000 Arizona 5 51,~~326~~285,~~139~~483.4414 5.26 ~~112~~111 5.~~8192~~8193 1.~~376680~~376713 California 16 279,~~211~~111,~~128~~737.3050 28.63 7574 5.~~2001~~2000 2.~~429186~~406301 Connecticut 1 7,390,000.00 0.76 7170 5.0100 3.~~400000~~170000 Delaware 2 23,~~756~~748,~~257~~536.6601 2.44 ~~105~~104 6.~~0266~~0268 1.~~532267~~532228 Florida 10 109,~~619~~583,~~214~~221.7721 11.24 8079 5.~~1698~~1697 23.~~076516~~539655 Georgia 7 21,~~344~~328,~~074~~940.1129 2.19 8382 5.2839 21.~~061027~~968763 Illinois 2 3,~~255~~250,~~505~~239.9953 0.33 ~~104~~103 5.3000 2.210000 Indiana 7 21,~~830~~803,~~209~~538.9331 2.24 ~~109~~108 5.~~9289~~9290 12.~~838517~~180520 Kansas 3 9,~~290~~285,~~532~~039.0933 0.95 7473 5.3677 21.~~026695~~937419 Kentucky 3 41,~~124~~121,~~992~~680.3340 4.22 5150 5.~~4106~~4105 2.~~573302~~442508 Louisiana 1 4,~~463~~459,~~530~~220.1169 0.46 ~~112~~111 5.6000 1.210000 Maine 1 10,~~456~~444,~~078~~945.3670 1.07 7574 5.2135 1.310000 Massachusetts 1 1,410,000.00 0.14 7170 5.0100 3.~~400000~~170000 Michigan 8 22,~~049~~026,~~751~~130.7815 2.26 7877 5.2775 1.~~844413~~817951 Montana 1 6,~~497~~491,~~934~~797.1448 0.67 ~~112~~111 5.6900 1.650000 Nevada 2 22,~~937~~932,~~910~~188.9186 2.35 ~~111~~110 5.~~6353~~6352 1.~~369816~~369810 New Hampshire 2 13,~~978~~972,~~020~~163.9380 1.43 7978 5.~~7423~~7422 2.~~093347~~023087 New Jersey 1 11,~~574~~563,~~323~~099.9478 1.19 9998 5.6055 1.210000 New York 5 52,~~320~~260,~~042~~588.1433 5.36 ~~111~~110 5.6680 1.~~529728~~529695 North Carolina 4 19,~~275~~254,~~207~~660.8370 1.98 6564 5.2103 1.~~826333~~803106 Ohio 7 17,~~277~~255,~~229~~941.8981 1.77 ~~106~~105 5.~~6533~~6535 1.~~949072~~948988 Oregon 2 21,~~483~~452,~~800~~953.5581 2.20 ~~112~~110 5.~~2244~~2240 1.~~816450~~815639 Pennsylvania 2 25,~~162~~133,~~920~~158.3701 2.58 8281 5.7187 1.~~355696~~355629 Rhode Island 1 6,~~981~~975,~~818~~503.4481 0.72 ~~110~~109 5.9200 1.240000 South Carolina 5 19,~~055~~043,~~569~~700.7740 1.95 5150 5.1486 1.~~773153~~707065 Tennessee 8 40,~~795~~764,~~788~~426.4647 4.18 5554 5.2800 2.~~141541~~065955 Texas 11 63,~~305~~252,~~621~~638.7027 6.49 9594 5.4272 1.~~499659~~475083 Utah 3 13,~~078~~065,~~598~~681.3208 1.34 ~~111~~110 5.5300 1.~~600000~~550000 Virginia 4 22,~~391~~369,~~309~~870.7978 2.3029 7978 5.~~2718~~2717 1.~~983443~~935404 Washington 1 8,~~494~~486,~~682~~294.9127 0.87 ~~108~~107 5.6100 1.440000 Wyoming 1 ~~713~~712,~~378~~673.0951 0.07 ~~111~~110 5.5300 1.~~600000~~550000 Totals 129 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.19 or less 68 4758,~~661~~485,~~119~~373.5314 46.8900 9086 5.~~4804~~4418 1.~~096564~~109183 1.20 - 1.24 3 2322,~~019~~997,~~672~~824.4928 2.36 ~~105~~104 5.6998 1.219099 1.25 - 1.29 108 8978,~~597~~632,~~278~~805.3633 98.1907 99102 5.~~4770~~5053 1.~~273075~~274134 1.30 - 1.34 2 16,~~884~~867,~~891~~658.6631 1.73 8887 5.4178 1.~~321422~~321423 1.35 - 1.39 109 9284,~~591~~486,~~488~~371.9618 98.4967 9289 5.~~4867~~4694 1.~~369567~~369523 1.40 - 1.44 4 33,~~835~~801,~~633~~796.3898 3.47 ~~111~~110 5.6931 1.431517 1.45 - 1.49 4 43,~~647~~634,~~244~~921.6581 4.4748 ~~107~~106 5.~~8531~~8530 1.~~467539~~467541 1.50 - 1.59 46 1777,~~161~~608,~~577~~061.0302 17.7696 ~~117~~92 65.~~0780~~4973 1.~~546515~~548537 1.60 - 1.99 1916 ~~234~~116,~~219~~063,~~084~~759.0727 2411.0191 92102 5.~~4375~~6431 1.~~690160~~720211 2.00 or greater 1012 ~~376~~442,~~773~~197,~~582~~482.9212 3845.6336 6667 5.~~1595~~1652 2.~~821719~~980097 Totals 72 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 3 26,~~608~~574,~~038~~724.0965 2.73 ~~111~~110 5.6199 1.~~507141~~505079 Lodging 5 61,~~837~~806,~~747~~195.5734 6.34 ~~100~~99 5.9140 2.~~057267~~057397 Mixed Use 1 6,~~537~~532,~~910~~188.9186 0.67 ~~110~~109 6.0500 1.394440 Mobile Home Park 23 125,~~742~~637,~~058~~421.4897 12.89 9190 5.~~5352~~5354 1.~~500181~~474142 Multi-Family 14 116,~~409~~340,~~566~~881.4512 11.9394 9897 5.4721 1.~~364584~~358616 Office 11 140,~~834~~733,~~408~~859.3830 14.44 9190 5.~~4022~~4021 12.~~590844~~828767 Retail 66 472,~~629~~390,~~753~~653.6638 48.46 7270 5.~~2115~~2113 2.~~440709~~379191 Self Storage 6 24,~~792~~760,~~089~~128.5182 2.54 ~~112~~111 5.6815 1.~~615102~~599098 Totals 129 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.999 or less 3 158,~~437~~431,~~292~~603.5062 16.2425 4645 4.8066 3.~~045044~~006989 5.000 - 5.249 11 212,~~308~~212,~~357~~557.5309 21.77 6867 5.0832 2.~~037984~~755718 5.250 - 5.499 13 199,~~845~~708,~~037~~079.1125 20.49 7473 5.3549 1.~~959769~~905747 5.500 - 5.599 10 126,~~632~~485,~~660~~765.0181 12.98 ~~110~~109 5.5366 1.~~571667~~557460 5.600 - 5.699 9 58,~~421~~365,~~725~~198.6577 5.99 ~~108~~107 5.6306 1.~~305542~~424421 5.700 - 5.749 4 36,~~812~~770,~~625~~126.2286 3.77 ~~111~~110 5.7141 1.~~540747~~540717 5.750 - 5.999 9 98,~~647~~581,~~444~~292.7492 10.11 ~~111~~110 5.8502 1.~~708048~~708223 6.000 - 6.249 8 43,~~647~~606,~~276~~157.3015 4.47 ~~113~~112 6.0630 1.~~520142~~520105 6.250 or greater 5 40,~~639~~615,~~153~~271.9997 4.17 ~~135~~134 6.3860 1.~~671320~~671209 Totals 72 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 6259 ~~628~~607,~~222~~393,~~567~~720.0438 6462.4131 9695 5.~~5178~~5125 1.~~545195~~817695 13 -24 months 1013 ~~347~~367,~~169~~382,~~006~~333.0106 3537.5969 6364 5.~~1450~~1742 2.~~796431~~659582 25 - 36 months 0 0.00 0.00 0 0.0000 0.000000 37 - 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 72 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993

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. 84 months or less 20 495,~~939~~774,~~393~~381.3002 50.8586 5554 5.~~0692~~0691 2.~~393317~~666813 85 months - 119 months 43 420,~~441~~068,~~222~~855.2769 43.1009 ~~110~~109 5.6596 1.~~561828~~574006 120 months or greater 4 27,~~669~~665,~~853~~679.0618 2.84 ~~130~~129 6.2772 1.~~504974~~504984 Totals 67 ~~944~~943,~~050~~508,~~468~~915.6389 96.79 8281 5.3675 12.~~996969~~146207

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 84 months or less 0 0.00 0.00 0 0.0000 0.000000 85 months - 119 months 1 12,~~173~~162,~~427~~681.0709 1.25 ~~109~~108 6.0400 1.460000 120 months or greater 4 19,~~167~~104,~~677~~456.3546 1.9796 ~~182~~181 5.~~8345~~8347 2.~~011092~~010930 Totals 5 31,~~341~~267,~~104~~137.4255 3.21 ~~153~~152 5.~~9143~~9145 1.~~797038~~796623

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 13 453,174,235.00 46.4649 6968 5.1967 2.~~550655~~854093 175 months or less 0 0.00 0.00 0 0.0000 0.000000 176 months or greater 54 490,~~876~~334,~~233~~680.6389 50.3330 9493 5.5253 1.~~485809~~491968 Totals 67 ~~944~~943,~~050~~508,~~468~~915.6389 96.79 8281 5.3675 12.~~996969~~146207

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 87 6056,~~777~~258,~~012~~221.5405 65.2377 9592 5.~~5878~~5829 1.~~393466~~404113 1 year or less 6465 ~~914~~918,~~614~~517,~~560~~832.5139 9394.7723 8483 5.~~3716~~3729 2.~~030222~~179759 1 - 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 72 ~~975~~974,~~391~~776,~~573~~053.0544 100.00 8483 5.~~3851~~3850 12.~~990545~~134993 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of each property as disclosed in the offering document.

Current Mortgage Loan and Property Stratification Tables Group 1 Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,999,999 or less 6 15,~~173~~151,~~252~~395.4057 1.5655 ~~118~~117 5.~~7170~~7166 1.~~807676~~804332 3,000,000 - 3,999,999 5 16,~~645~~623,~~141~~278.6778 1.71 ~~118~~117 5.8652 1.~~638258~~638189 4,000,000 - 4,999,999 5 2221,~~023~~996,~~744~~988.5413 2.26 ~~134~~133 5.~~7744~~7743 1.~~352391~~334341 5,000,000 - 5,999,999 3 15,~~915~~901,~~123~~297.8733 1.63 9594 5.~~6370~~6372 1.~~614354~~614356 6,000,000 - 6,999,999 7 46,~~661~~612,~~020~~703.3596 4.78 ~~111~~110 5.7910 1.~~587848~~587793 7,000,000 - 7,999,999 3 22,~~360~~338,~~969~~298.0965 2.29 9089 5.4595 1.~~431865~~431862 8,000,000 - 9,999,999 5 41,~~945~~878,~~356~~042.2509 4.30 ~~122~~121 5.~~6256~~6257 1.~~650468~~828183 10,000,000 - 12,999,999 8 9291,~~051~~950,~~316~~629.3043 9.4443 7978 5.6176 1.~~511136~~511114 13,000,000 - 19,999,999 5 76,~~328~~253,~~291~~037.4497 7.8382 ~~105~~104 5.~~7225~~7227 1.~~451235~~451229 20,000,000 - 49,999,999 4 123,~~852~~754,~~514~~733.7835 12.70 ~~110~~109 5.~~5923~~5924 1.~~825160~~810852 50,000,000 - 99,999,999 3 188,500,000.00 19.3334 6261 5.1781 23.~~564828~~326366 100,000,000 or greater 1 151,000,000.00 15.4849 4544 4.8000 3.~~110000~~070000 Totals 55 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 3,540,000.00 0.36 7170 5.0100 3.~~400000~~170000 Arizona 5 51,~~326~~285,~~139~~483.4414 5.26 ~~112~~111 5.~~8192~~8193 1.~~376680~~376713 California 14 266,~~282~~189,~~315~~024.0089 27.3031 7473 5.~~1668~~1667 2.~~472794~~448788 Connecticut 1 7,390,000.00 0.76 7170 5.0100 3.~~400000~~170000 Delaware 2 23,~~756~~748,~~257~~536.6601 2.44 ~~105~~104 6.~~0266~~0268 1.~~532267~~532228 Florida 7 92,~~895~~877,~~395~~203.8693 9.5253 7978 5.~~1651~~1650 23.~~194397~~922562 Georgia 6 16,~~038~~029,~~664~~397.8755 1.64 9392 5.~~3613~~3612 2.~~210222~~107212 Illinois 2 3,~~255~~250,~~505~~239.9953 0.33 ~~104~~103 5.3000 2.210000 Indiana 7 21,~~830~~803,~~209~~538.9331 2.24 ~~109~~108 5.~~9289~~9290 12.~~838517~~180520 Kansas 2 7,~~778~~774,~~094~~274.5316 0.80 7978 5.~~4295~~4294 2.~~107721~~012706 Kentucky 3 41,~~124~~121,~~992~~680.3340 4.22 5150 5.~~4106~~4105 2.~~573302~~442508 Massachusetts 1 1,410,000.00 0.14 7170 5.0100 3.~~400000~~170000 Michigan 7 12,~~301~~288,~~062~~220.3136 1.26 ~~100~~99 5.~~4578~~4577 2.~~030187~~030292 Montana 1 6,~~497~~491,~~934~~797.1448 0.67 ~~112~~111 5.6900 1.650000 Nevada 1 6,~~537~~532,~~910~~188.9186 0.67 ~~110~~109 6.0500 1.394440 New Hampshire 2 13,~~978~~972,~~020~~163.9380 1.43 7978 5.~~7423~~7422 2.~~093347~~023087 New Jersey 1 11,~~574~~563,~~323~~099.9478 1.19 9998 5.6055 1.210000 New York 5 52,~~320~~260,~~042~~588.1433 5.36 ~~111~~110 5.6680 1.~~529728~~529695 North Carolina 2 15,~~447~~431,~~592~~277.6291 1.58 6867 5.2501 1.~~879936~~865817 Ohio 7 17,~~277~~255,~~229~~941.8981 1.77 ~~106~~105 5.~~6533~~6535 1.~~949072~~948988 Oregon 1 8,~~323~~292,~~800~~953.5581 0.85 ~~171~~170 5.5000 2.380000 Pennsylvania 1 12,~~103~~085,~~677~~930.0156 1.24 5251 5.5500 1.610000 Rhode Island 1 6,~~981~~975,~~818~~503.4481 0.72 ~~110~~109 5.9200 1.240000 South Carolina 5 19,~~055~~043,~~569~~700.7740 1.95 5150 5.1486 1.~~773153~~707065 Tennessee 8 40,~~795~~764,~~788~~426.4647 4.18 5554 5.2800 2.~~141541~~065955 Texas 5 27,~~620~~592,~~505~~573.2500 2.83 ~~102~~101 5.5156 1.~~671970~~644189 Utah 3 13,~~078~~065,~~598~~681.3208 1.34 ~~111~~110 5.5300 1.~~600000~~550000 Virginia 3 11,~~221~~212,~~902~~306.3037 1.15 9594 5.~~3122~~3120 2.~~673641~~577657 Wyoming 1 ~~713~~712,~~378~~673.0951 0.07 ~~111~~110 5.5300 1.~~600000~~550000 Totals 106 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.24 or less 45 3741,~~379~~797,~~850~~787.5456 34.8329 9091 5.~~4880~~5053 1.~~149532~~151718 1.25 - 1.29 87 7267,~~003~~475,~~665~~240.5392 76.3892 ~~110~~108 5.~~5567~~5506 1.~~270724~~271511 1.30 - 1.34 0 0.00 0.00 0 0.0000 0.000000 1.35 - 1.39 76 6254,~~490~~399,~~565~~906.5480 65.4158 8681 5.~~5478~~5299 1.~~369749~~369711 1.40 - 1.44 3 25,~~340~~315,~~950~~502.4771 2.60 ~~112~~111 5.7209 1.428673 1.45 - 1.49 3 30,~~487~~474,~~244~~921.6581 3.13 ~~121~~120 6.1998 1.~~470793~~470797 1.50 - 1.59 45 1752,~~161~~735,~~577~~804.0307 15.7641 ~~117~~112 65.~~0780~~7082 1.~~546515~~547847 1.60 - 1.99 1614 ~~190~~97,~~819~~563,~~294~~759.0127 1910.5601 95100 5.~~4643~~6356 1.~~696469~~717791 2.00 or greater 1012 ~~376~~442,~~773~~197,~~582~~482.9212 3845.6336 6667 5.~~1595~~1652 2.~~821719~~980097 Totals 55 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 3 26,~~608~~574,~~038~~724.0965 2.73 ~~111~~110 5.6199 1.~~507141~~505079 Lodging 5 61,~~837~~806,~~747~~195.5734 6.34 ~~100~~99 5.9140 2.~~057267~~057397 Mixed Use 1 6,~~537~~532,~~910~~188.9186 0.67 ~~110~~109 6.0500 1.394440 Mobile Home Park 14 79,~~216~~162,~~782~~654.5791 8.12 ~~110~~109 5.~~7731~~7733 1.~~520399~~497919 Office 11 140,~~834~~733,~~408~~859.3830 14.44 9190 5.~~4022~~4021 12.~~590844~~828767 Retail 66 472,~~629~~390,~~753~~653.6638 48.46 7270 5.~~2115~~2113 2.~~440709~~379191 Self Storage 6 24,~~792~~760,~~089~~128.5182 2.54 ~~112~~111 5.6815 1.~~615102~~599098 Totals 106 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.999 or less 2 153,397,000.00 15.7374 4544 4.8006 3.~~107969~~068594 5.000 - 5.249 5 139,~~135~~105,~~394~~112.2186 14.2627 6968 5.0777 23.~~353370~~462978 5.250 - 5.499 11 176,~~807~~677,~~595~~304.7675 18.1312 7170 5.3403 21.~~036753~~975724 5.500 - 5.599 9 114,~~632~~485,~~660~~765.0181 11.7574 ~~109~~108 5.5404 1.~~554045~~538327 5.600 - 5.699 5 34,~~725~~692,~~637~~313.1200 3.56 ~~107~~106 5.6413 1.~~353586~~557176 5.700 - 5.749 4 36,~~812~~770,~~625~~126.2286 3.77 ~~111~~110 5.7141 1.~~540747~~540717 5.750 - 5.999 7 79,~~159~~111,~~388~~352.0886 8.12 ~~112~~111 5.8542 1.~~834952~~835129 6.000 - 6.249 7 37,~~147~~106,~~276~~157.3015 3.81 ~~114~~113 6.0705 1.~~485171~~485089 6.250 or greater 5 40,~~639~~615,~~153~~271.9997 4.17 ~~135~~134 6.3860 1.~~671320~~671209 Totals 55 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 4644 ~~471~~459,~~787~~564,~~724~~366.6847 4847.3715 9998 5.~~5743~~5704 1.~~600002~~964396 13 - 24 months 911 ~~340~~352,~~669~~396,~~006~~038.0179 3436.9315 62 5.~~1283~~1481 2.~~816970~~706282 25 - 36 months 0 0.00 0.00 0 0.0000 0.000000 37 - 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 55 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379

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. 84 months or less 13 418,~~152~~057,~~178~~248.2055 42.8789 5453 5.0586 2.~~574290~~903457 85 months - 119 months 33 ~~335~~334,~~293~~970,~~595~~339.0198 34.3836 ~~110~~109 5.~~6743~~6744 1.~~610848~~626493 120 months or greater 4 27,~~669~~665,~~853~~679.0618 2.84 ~~130~~129 6.2772 1.~~504974~~504984 Totals 50 ~~781~~780,~~115~~693,~~626~~267.2771 80.0809 8180 5.~~3661~~3660 2.~~122854~~305994

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Interest Only 9 405,114,235.00 41.5356 6564 5.1682 23.~~671626~~011061 175 months or less 0 0.00 0.00 0 0.0000 0.000000 176 months or greater 41 ~~376~~375,~~001~~579,~~391~~032.2771 38.5553 9897 5.5794 1.~~531592~~545482 Totals 50 ~~781~~780,~~115~~693,~~626~~267.2771 80.0809 8180 5.~~3661~~3660 2.~~122854~~305994

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 76 5449,~~139~~627,~~571~~446.1955 5.5509 9795 5.~~6035~~5994 1.~~393764~~405861 1 year or less 4849 ~~758~~762,~~317~~332,~~159~~958.5071 7778.7421 8382 5.~~3718~~3733 2.~~161441~~343701 1 - 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 55 ~~812~~811,~~456~~960,~~730~~405.6926 83.30 8483 5.~~3872~~3871 2.~~110285~~286379 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of each property as disclosed in the offering document.

Current Mortgage Loan and Property Stratification Tables Group 2 Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 4,999,999 or less 2 8,~~962~~953,~~363~~653.7519 0.92 ~~110~~109 5.6125 1.~~169842~~169843 5,000,000 - 5,999,999 1 5,~~040~~034,~~292~~603.5062 0.52 5049 4.9900 1.130000 6,000,000 - 6,999,999 5 32,~~229~~203,~~501~~412.8671 3.30 8988 5.~~5730~~5731 1.~~357056~~335325 7,000,000 - 7,999,999 1 7,~~063~~055,~~482~~689.0788 0.72 ~~113~~112 5.0100 1.370000 8,000,000 - 9,999,999 1 8,~~494~~486,~~682~~294.9127 0.87 ~~108~~107 5.6100 1.440000 10,000,000 - 12,999,999 3 33,~~625~~602,~~485~~510.8511 3.45 8483 5.~~3216~~3217 1.~~456812~~456919 13,000,000 - 19,999,999 3 42,~~619~~607,~~243~~227.3645 4.37 9998 5.~~4644~~4643 1.~~317338~~317394 20,000,000 or greater 1 24,~~899~~872,~~790~~256.0695 2.55 5150 5.0500 1.~~610000~~550000 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. California 2 12,~~928~~922,~~813~~712.3061 1.33 ~~107~~106 5.~~8857~~8858 1.~~531046~~531136 Florida 3 16,~~723~~706,~~818~~017.9128 1.71 8786 5.1958 1.~~421727~~410881 Georgia 1 5,~~305~~299,~~409~~542.2474 0.54 5150 5.0500 1.~~610000~~550000 Kansas 1 1,~~512~~510,~~437~~765.5617 0.1615 5150 5.0500 1.~~610000~~550000 Louisiana 1 4,~~463~~459,~~530~~220.1169 0.46 ~~112~~111 5.6000 1.210000 Maine 1 10,~~456~~444,~~078~~945.3670 1.07 7574 5.2135 1.310000 Michigan 1 9,~~748~~737,~~689~~909.4779 1.00 5150 5.0500 1.~~610000~~550000 Nevada 1 16,400,000.00 1.68 ~~111~~110 5.4700 1.360000 North Carolina 2 3,~~827~~823,~~615~~382.2180 0.39 5150 5.0500 1.~~610000~~550000 Oregon 1 13,160,000.00 1.35 7473 5.0500 1.460000 Pennsylvania 1 13,~~059~~047,~~243~~227.3645 1.34 ~~109~~108 5.8750 1.120000 Texas 6 35,~~685~~660,~~116~~065.4527 3.66 8988 5.3587 1.~~366288~~344235 Virginia 1 11,~~169~~157,~~407~~564.4941 1.1514 6362 5.2312 1.290000 Washington 1 8,~~494~~486,~~682~~294.9127 0.87 ~~108~~107 5.6100 1.440000 Totals 23 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.19 or less 45 2835,~~837~~226,~~411~~189.3717 23.9661 9989 5.~~6272~~5148 1.~~108163~~117710 1.20 - 1.24 1 4,~~463~~459,~~530~~220.1169 0.46 ~~112~~111 5.6000 1.210000 1.25 - 1.29 21 1711,~~593~~157,~~612~~564.8341 1.8014 5862 5.~~1504~~2312 1.~~282697~~290000 1.30 - 1.34 2 16,~~884~~867,~~891~~658.6631 1.73 8887 5.4178 1.~~321422~~321423 1.35 - 1.39 3 30,~~100~~086,~~923~~464.4238 3.09 ~~104~~103 5.3599 1.~~369189~~369184 1.45 - 1.49 1 13,160,000.00 1.35 7473 5.0500 1.460000 1.50 - 1.59 01 024,872,256.0095 02.0055 050 05.~~0000~~0500 01.~~000000~~550000 1.60 or greater 32 4318,~~399~~500,~~790~~000.0600 41.4590 76109 5.~~3197~~6827 1.~~662420~~732973 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Mobile Home Park 9 46,~~525~~474,~~275~~767.9106 4.77 5958 5.1302 1.~~465755~~433641 Multi-Family 14 116,~~409~~340,~~566~~881.4512 11.9394 9897 5.4721 1.~~364584~~358616 Totals 23 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.999 or less 1 5,~~040~~034,~~292~~603.5062 0.52 5049 4.9900 1.130000 5.000 - 5.249 6 73,~~172~~107,~~963~~444.3223 7.50 6665 5.0936 1.~~438290~~409981 5.250 - 5.499 2 23,~~037~~030,~~441~~774.3550 2.36 ~~101~~100 5.4671 1.~~368940~~368934 5.500 - 5.599 1 12,000,000.00 1.23 ~~112~~111 5.5000 1.740000 5.600 - 5.699 4 23,~~696~~672,~~088~~885.5377 2.43 ~~109~~108 5.6149 1.~~235136~~229869 5.750 - 5.999 2 19,~~488~~469,~~056~~940.6606 2.00 ~~109~~108 5.8338 1.~~192575~~192573 6.000 or greater 1 6,500,000.00 0.67 ~~105~~104 6.0200 1.720000 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 1615 ~~156~~147,~~434~~829,~~842~~353.3691 1615.0417 8684 5.~~3476~~3326 1.~~379905~~361640 13 - 24 months 12 614,~~500~~986,~~000~~294.0027 01.6754 ~~105~~106 65.~~0200~~7878 1.~~720000~~561444 25 - 36 months 0 0.00 0.00 0 0.0000 0.000000 37 - 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

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. 84 months or less 7 77,~~787~~717,~~215~~132.1047 7.97 6261 5.1258 1.~~420483~~393856 85 months - 119 months 10 85,~~147~~098,~~627~~515.2671 8.73 ~~110~~109 5.6016 1.~~368797~~367406 120 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

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 4 48,060,000.00 4.93 ~~100~~99 5.4369 1.530953 348 months or less 57 3850,~~720~~135,~~615~~196.0805 35.9714 ~~109~~94 5.~~7268~~5611 1.~~216612~~200741 349 months or greater 86 7664,~~154~~620,~~227~~452.2813 76.8163 6769 5.~~1559~~1834 1.~~396635~~406887 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 1 6,~~637~~630,~~441~~774.3550 0.68 7574 5.4600 1.391030 1 year or less 16 156,~~297~~184,~~401~~873.0168 16.02 8786 5.~~3708~~3709 1.~~393576~~379564 1 - 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 17 162,~~934~~815,~~842~~648.3618 16.70 8786 5.3745 1.~~393473~~380031 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of each property as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 10024461 1 RT Milpitas CA ~~604~~624,~~000~~133.0033 0.00 4.800% 10022844 2 RT Various Various ~~342~~353,~~008~~408.3361 0.00 5.330% 10024494 3 OF Coral Gables FL ~~245~~254,~~932~~130.2903 0.00 5.133% 10022845 4 RT Various Various ~~225~~232,~~450~~965.00 0.00 5.010% 10024364 5 LO Pasadena CA ~~187~~193,~~366~~612.6722 0.00 5.840% 10023906 6 MH Various Various ~~164~~169,~~341~~626.5287 4035,~~467~~181.2085 5.530% 10024464 7 RT Tucson AZ ~~128~~132,~~817~~961.5297 3127,~~219~~074.0560 5.560% 10023909 8 MH Various Various ~~104~~108,~~916~~279.6450 3027,~~895~~533.9711 5.050% 10024466 9 RT Various Various 97100,~~160~~223.6321 3835,~~587~~524.5698 5.300% 10024495 10 MH Millsboro DE 8689,~~745~~636.1768 0.00 6.327% 10022611 11 MF Las Vegas NV 7477,~~756~~248.6756 0.00 5.470% 10023913 12 IN Valley Cottage NY 7577,~~366~~756.4219 2422,~~904~~514.2346 5.710% 10024014 13 OF Valencia/Santa Clarit CA 6972,~~870~~116.0414 1715,~~695~~449.6656 5.440% 10023606 14 RT Staten Island NY 7173,~~608~~914.4368 1613,~~213~~907.5833 5.780% 10020803 15 OF Memphis TN 60,~~780~~677.0884 23,~~279~~382.8812 5.270% 10022555 16 MF Eugene OR 5557,~~381~~227.6772 0.00 5.050% 10023430 17 MF State College PA 6466,~~004~~067.8007 1412,~~078~~015.1891 5.875% 10024497 18 RT Porter Ranch CA 5355,~~784~~510.4990 1412,~~688~~962.7736 5.250% 10024467 19 RT Surprise AZ 6163,~~336~~315.9635 1210,~~724~~745.3798 6.040% 10024122 20 LO Plymouth Meeting PA 5657,~~069~~845.8049 1917,~~522~~746.1445 5.550% 10024013 21 MF Houston TX 5556,~~000~~833.0033 0.00 5.500% 10024498 22 MH Howell NJ 5455,~~127~~868.1378 1211,~~965~~224.8116 5.605% 10023607 23 LO Various Various 6163,~~499~~460.1102 1513,~~766~~805.6978 6.560% 10024499 24 MH Chesapeake VA 4850,~~749~~314.6221 1311,~~407~~843.6708 5.231% 10021953 25 RT Morrisville NC 4749,~~551~~076.8398 1312,~~534~~008.1297 5.140% 10024500 26 RT Mount Vernon NY 5253,~~053~~729.6052 1110,~~999~~323.7280 5.730% 10021955 27 RT Mount Pleasant SC 4546,~~036~~479.1153 1311,~~312~~869.7937 5.040% 10024501 28 MH W.brook ME 4546,~~482~~941.0155 1211,~~592~~132.2066 5.214% 10024469 29 OF Columbus OH 4648,~~617~~120.8638 108,~~034~~531.4189 5.950% 10024471 30 MF Bellingham WA 3941,~~757~~036.8440 98,~~667~~388.2064 5.610% 10023803 31 RT Beaverton OR 3839,~~297~~422.2944 3130,~~971~~846.8974 5.500% 10024502 32 OF Conroe TX 3637,~~590~~747.2652 1312,~~373~~216.9165 5.420% 10022793 33 IN Los Angeles CA 3738,~~503~~708.0395 98,~~261~~055.6775 5.540% 10022527 34 OF Indianapolis IN 3739,~~973~~195.0543 87,~~885~~663.5113 5.670% 10024472 35 OF Corona CA 3436,~~901~~024.3313 87,~~489~~366.3555 5.550% 10024473 36 RT Escondido CA 3435,~~346~~450.6659 87,~~686~~582.1724 5.475% 10024503 37 MH Rehoboth Beach DE 3233,~~602~~648.2156 87,~~768~~721.0065 5.350% 10024258 38 MF Tampa FL 2930,~~526~~473.5204 87,~~738~~792.7119 5.010% 10020514 39 RT Smithfield RI 3435,~~480~~591.2776 76,~~426~~314.1263 5.920% 10023860 40 OF Portsmouth NH 3536,~~681~~834.9617 75,~~009~~857.3413 6.160% 10022524 41 RT San Antonio TX 3233,~~213~~249.1993 76,~~544~~507.2450 5.700% 10024474 42 MF Orlando FL 3031,~~235~~207.1104 76,~~638~~666.7885 5.460% 10024222 43 SS Virginia Beach VA 3031,~~099~~052.1017 109,~~549~~595.0093 5.530% 10024475 44 MU Henderson NV 3234,~~996~~060.1870 65,~~786~~722.5705 6.050% 10024216 45 RT Bozeman MT 3031,~~844~~838.8507 76,~~129~~136.8866 5.690% 10024476 46 MF N. Hills CA 3233,~~608~~695.3328 0.00 6.020% 10024504 47 MF Arlington TX 2627,~~854~~715.7809 87,~~078~~218.3605 5.010% 10023591 48 MF Fallbrook CA 3031,~~838~~831.7255 76,~~093~~100.5269 5.750% 10023730 49 RT New York NY 2930,~~127~~055.3652 98,~~110~~182.6549 5.450% 10023358 50 MF Arlington TX 2930,~~278~~220.5336 76,~~045~~103.3956 5.625% 10024505 51 OF Nashville TN 2425,~~916~~715.6043 76,~~201~~403.8401 5.116% 10022779 52 SS Chula Vista CA 2324,~~309~~047.4240 87,~~161~~423.5153 5.550% 10022584 53 MF Irving TX 2021,~~985~~657.6786 65,~~361~~688.0788 4.990% 10024506 54 MH Phoenix AZ 2627,~~603~~489.1794 0.00 6.327% 10023028 55 OF Malibu CA 2425,~~589~~350.7984 10,~~837~~076.2924 6.280% 10023363 56 MF Grand Prairie TX 21,~~112~~791.1023 54,~~080~~401.2714 5.625% 10024038 57 MF New Orleans LA 2021,~~853~~524.0513 4,~~980~~309.5042 5.600% 10024507 58 SS Harbor City CA 21,~~020~~697.9858 4,~~954~~278.6303 5.650% 10024037 59 RT Seaford NY 19,~~288~~907.2167 54,~~145~~525.1973 5.300% 10024508 60 RT Traverse City MI 2122,~~764~~466.0700 43,~~556~~854.2027 6.000% 10024225 61 RT Fayetteville GA 1920,~~462~~089.8519 4,~~648~~022.4814 5.600% 10024477 62 OF Dallas TX 1617,~~677~~213.0319 43,~~138~~602.9680 5.540% 10024478 63 RT Davie FL 1617,~~540~~027.5738 12,~~758~~271.5877 5.875% 10022042 64 SS San Bernardino CA 1516,~~887~~399.6320 3,~~664~~152.1760 5.710% 10024509 65 MH Phoenix AZ 1617,~~973~~539.2806 0.00 6.327% 10023361 66 RT Marana AZ 15,~~392~~888.3241 32,~~331~~835.8172 5.920% 10021355 67 SS Tustin CA 14,~~441~~899.24 4,~~631~~173.88 5.860% 10024479 68 RT Walnut CA 14,~~085~~500.3358 10,~~441~~026.3914 6.035% 10024248 69 IN Sylmar CA 1112,~~917~~300.4434 32,~~126~~743.1323 5.330% 10023364 70 SS Key W. FL 1213,~~790~~196.3587 3,~~743~~336.2472 6.150% 10022313 71 RT Port Huron MI 9,667.90 0.00 4.840% 10022958 72 RT Pulaski TN 9,~~502~~809.9478 1,~~883~~576.7086 6.120% Totals 4,~~380~~520,~~353~~719.9158 ~~690~~615,~~791~~519.1061

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 10024461 N/A 09/01/2008 N 151,000,000.00 151,000,000.00 1201/01/~~2004~~2005 10022844 N/A 11/01/2008 N 77,000,000.00 77,000,000.00 1201/01/~~2004~~2005 10024494 N/A 03/01/2011 N 57,500,000.00 57,500,000.00 1112/01/2004 10022845 N/A 11/01/2010 N 54,000,000.00 54,000,000.00 1201/01/~~2004~~2005 10024364 N/A 04/01/2014 N 38,500,000.00 38,500,000.00 1201/01/~~2004~~2005 10023906 N/A 03/01/2014 N 35,~~661~~621,~~813~~345.1797 35,~~621~~586,~~345~~164.97 12 01/01/~~2004~~2005 10024464 N/A 04/01/2014 N 27,~~802~~771,~~342~~123.9489 27,~~771~~744,~~123~~049.8929 1112/01/2004 10023909 N/A 03/01/2009 N 24,~~930~~899,~~686~~790.0306 24,~~899~~872,~~790~~256.0695 1201/01/~~2004~~2005 10024466 08/01/2013 08/01/2028 N 21,~~998~~960,~~632~~044.4892 21,~~960~~924,~~044~~519.9294 1201/01/~~2004~~2005 10024495 N/A 11/01/2015 N 16,452,380.00 16,452,380.00 1112/01/2004 10022611 N/A 03/01/2014 N 16,400,000.00 16,400,000.00 1201/01/~~2004~~2005 10023913 N/A 04/01/2014 N 15,~~838~~813,~~828~~924.3209 15,~~813~~791,~~924~~409.0963 12/01/2004 10024014 N/A 04/01/2014 N 15,~~412~~394,~~507~~812.8721 15,~~394~~379,~~812~~362.2165 1201/01/~~2004~~2005 10023606 N/A 02/01/2014 N 14,~~866~~850,~~802~~588.4385 14,~~850~~836,~~588~~681.8552 1201/01/~~2004~~2005 10020803 N/A 04/01/2009 N 13,~~839~~816,~~866~~586.1729 13,~~816~~793,~~586~~204.2917 1201/01/~~2004~~2005 10022555 N/A 02/01/2011 N 13,160,000.00 13,160,000.00 1201/01/~~2004~~2005 10023430 N/A 01/01/2014 N 13,~~073~~059,~~321~~243.5436 13,~~059~~047,~~243~~227.3645 1201/01/~~2004~~2005 10024497 N/A 03/01/2009 N 12,~~293~~278,~~598~~909.3255 12,~~278~~265,~~909~~947.5519 1112/01/2004 10024467 N/A 01/01/2014 N 12,~~186~~173,~~151~~427.4407 12,~~173~~162,~~427~~681.0709 1201/01/~~2004~~2005 10024122 04/01/2009 04/01/2029 N 12,~~123~~103,~~199~~677.1501 12,~~103~~085,~~677~~930.0156 1202/01/~~2004~~2005 10024013 N/A 04/01/2014 N 12,000,000.00 12,000,000.00 1201/01/~~2004~~2005 10024498 N/A 03/01/2013 N 11,~~587~~574,~~289~~323.7594 11,~~574~~563,~~323~~099.9478 1112/01/2004 10023607 02/01/2014 02/01/2029 N 11,~~249~~234,~~837~~070.2556 11,~~234~~220,~~070~~264.5678 1201/01/~~2004~~2005 10024499 N/A 03/01/2010 N 11,~~182~~169,~~815~~407.1649 11,~~169~~157,~~407~~564.4941 1112/01/2004 10021953 N/A 03/01/2009 N 11,~~101~~088,~~593~~059.9785 11,~~088~~076,~~059~~050.8588 1201/01/~~2004~~2005 10024500 N/A 02/01/2014 N 10,~~901~~889,278.2755 10,~~889~~878,~~278~~954.5575 1112/01/2004 10021955 N/A 03/01/2009 N 10,~~722~~709,~~882~~569.5677 10,~~709~~697,~~569~~700.7740 12/01/2004 10024501 N/A 03/01/2011 N 10,~~468~~456,~~670~~078.5636 10,~~456~~444,~~078~~945.3670 1112/01/2004 10024469 N/A 12/01/2013 N 9,~~401~~391,~~921~~887.9554 9,~~391~~383,~~887~~355.5465 1201/01/~~2004~~2005 10024471 N/A 12/01/2013 N 8,~~504~~494,~~350~~682.1191 8,~~494~~486,~~682~~294.9127 1201/01/~~2004~~2005 10023803 N/A 03/01/2019 N 8,~~355~~323,~~772~~800.4455 8,~~323~~292,~~800~~953.5581 1201/01/~~2004~~2005 10024502 N/A 03/01/2014 N 8,~~101~~087,~~164~~791.9100 8,~~087~~075,~~791~~574.0035 1112/01/2004 10022793 02/01/2014 02/01/2034 N 8,~~123~~114,~~400~~138.0639 8,~~114~~106,~~138~~082.3964 1201/01/~~2004~~2005 10022527 03/01/2014 03/01/2034 N 8,~~036~~027,~~624~~738.2877 8,~~027~~020,~~738~~075.7764 1201/01/~~2004~~2005 10024472 N/A 04/01/2014 N 7,~~546~~537,~~232~~743.9156 7,~~537~~530,~~743~~377.5601 1112/01/2004 10024473 N/A 02/01/2014 N 7,~~528~~519,~~034~~347.0487 7,~~519~~511,~~347~~765.8763 1201/01/~~2004~~2005 10024503 N/A 11/01/2008 N 7,~~312~~303,~~645~~877.66 7,~~303~~296,~~877~~156.6601 1112/01/2004 10024258 N/A 05/01/2014 N 7,~~072~~063,~~220~~482.7807 7,~~063~~055,~~482~~689.0788 1201/01/~~2004~~2005 10020514 02/01/2014 02/01/2034 N 6,~~989~~981,~~244~~818.5644 6,~~981~~975,~~818~~503.4481 12/01/2004 10023860 N/A 03/01/2014 N 6,~~951~~944,~~030~~020.2793 6,~~944~~938,~~020~~163.9380 1201/01/~~2004~~2005 10022524 N/A 01/01/2014 N 6,~~781~~774,~~724~~180.4016 6,~~774~~767,~~180~~672.1666 1201/01/~~2004~~2005 10024474 N/A 03/01/2011 N 6,~~645~~637,~~080~~441.1335 6,~~637~~630,~~441~~774.3550 1112/01/2004 10024222 N/A 04/01/2014 N 6,~~531~~520,~~451~~902.30 6,~~520~~511,~~902~~306.3037 1201/01/~~2004~~2005 10024475 N/A 02/01/2014 N 6,~~544~~537,~~697~~910.4891 6,~~537~~532,~~910~~188.9186 1112/01/2004 10024216 N/A 04/01/2014 N 6,~~505~~497,~~064~~934.0214 6,~~497~~491,~~934~~797.1448 1201/01/~~2004~~2005 10024476 N/A 09/01/2013 N 6,500,000.00 6,500,000.00 1201/01/~~2004~~2005 10024504 N/A 02/01/2009 N 6,~~432~~424,~~283~~205.7034 6,~~424~~416,~~205~~987.3429 1112/01/2004 10023591 N/A 01/01/2014 N 6,~~435~~428,~~906~~813.8230 6,~~428~~422,~~813~~712.3061 1201/01/~~2004~~2005 10023730 03/01/2014 03/01/2031 N 6,~~413~~404,~~364~~253.1247 6,~~404~~396,~~253~~070.4798 1101/01/~~2004~~2005 10023358 N/A 01/01/2014 N 6,~~246~~239,~~087~~041.2687 6,~~239~~232,~~041~~938.8731 1201/01/~~2004~~2005 10024505 N/A 02/01/2009 N 5,~~844~~837,~~966~~764.4359 5,~~837~~831,~~764~~361.5958 1112/01/2004 10022779 N/A 03/01/2014 N 5,~~039~~031,~~874~~713.7928 5,~~031~~024,~~713~~289.2875 1112/01/2004 10022584 N/A 02/01/2009 N 5,~~046~~040,~~653~~292.5750 5,~~040~~034,~~292~~603.5062 1201/01/~~2004~~2005 10024506 N/A 11/01/2015 N 5,045,646.00 5,045,646.00 1112/01/2004 10023028 N/A 01/01/2023 N 4,~~698~~687,~~685~~848.7243 4,~~687~~677,~~848~~772.4319 1201/01/~~2004~~2005 10023363 N/A 01/01/2014 N 4,~~503~~498,~~913~~833.9164 4,~~498~~494,~~833~~432.6450 1201/01/~~2004~~2005 10024038 N/A 04/01/2014 N 4,~~468~~463,~~510~~530.6111 4,~~463~~459,~~530~~220.1169 1201/01/~~2004~~2005 10024507 N/A 03/01/2014 N 4,~~464~~459,~~633~~678.5996 4,~~459~~455,~~678~~400.9693 1112/01/2004 10024037 04/01/2014 04/01/2034 N 4,~~367~~361,~~142~~997.3718 4,~~361~~357,~~997~~471.1845 1201/01/~~2004~~2005 10024508 N/A 02/01/2014 N 4,~~352~~348,~~814~~258.8666 4,~~348~~344,~~258~~404.6639 1112/01/2004 10024225 04/01/2014 04/01/2034 N 4,~~170~~165,~~609~~961.7931 4,~~165~~161,~~961~~939.3117 1201/01/~~2004~~2005 10024477 N/A 01/01/2014 N 3,~~612~~608,~~354~~215.0206 3,~~608~~604,~~215~~612.0626 12/01/2004 10024478 N/A 01/01/2019 N 3,~~378~~365,~~500~~741.2971 3,~~365~~353,~~741~~469.7194 1201/01/~~2004~~2005 10022042 N/A 03/01/2014 N 3,~~338~~335,~~906~~242.5942 3,~~335~~332,~~242~~089.4282 1201/01/~~2004~~2005 10024509 N/A 11/01/2015 N 3,219,209.00 3,219,209.00 1112/01/2004 10023361 06/01/2010 01/01/2034 N 3,~~120~~116,~~065~~733.2948 3,~~116~~113,~~733~~897.4876 1201/01/~~2004~~2005 10021355 N/A 01/01/2015 N 2,~~957~~952,~~249~~618.9406 2,~~952~~948,~~618~~444.0618 1201/01/~~2004~~2005 10024479 N/A 01/01/2019 N 2,~~800~~790,~~728~~286.0566 2,~~790~~780,~~286~~260.6652 1201/01/~~2004~~2005 10024248 N/A 05/01/2014 N 2,~~683~~679,~~101~~975.7461 2,~~679~~677,~~975~~232.6138 1201/01/~~2004~~2005 10023364 N/A 01/01/2014 N 2,~~495~~491,~~677~~934.7349 2,~~491~~488,~~934~~597.4977 12/01/2004 10022313 N/A 12/01/2010 N 2,397,000.00 2,397,000.00 1201/01/~~2004~~2005 10022958 N/A 04/01/2014 N 1,~~863~~861,~~321~~437.2858 1,~~861~~859,~~437~~860.5872 1201/01/~~2004~~2005 Totals ~~976,082,364.15~~ 975,391,573.05 974,776,053.44

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 01/12/2005 0 $0.00 0 $0.00 0 $0.00 12/13/2004 0 $0.00 0 $0.00 0 $0.00 11/12/2004 1 $12,000,000.00 0 $0.00 0 $0.00 10/12/2004 0 $0.00 0 $0.00 0 $0.00 09/13/2004 0 $0.00 0 $0.00 0 $0.00 08/12/2004 0 $0.00 0 $0.00 0 $0.00 07/12/2004 0 $0.00 0 $0.00 0 $0.00 06/14/2004 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 01/12/2005 0 $0.00 0 $0.00 0 $0.00 12/13/2004 0 $0.00 0 $0.00 0 $0.00 11/12/2004 0 $0.00 0 $0.00 0 $0.00 10/12/2004 0 $0.00 0 $0.00 0 $0.00 09/13/2004 0 $0.00 0 $0.00 0 $0.00 08/12/2004 0 $0.00 0 $0.00 0 $0.00 07/12/2004 0 $0.00 0 $0.00 0 $0.00 06/14/2004 0 $0.00 0 $0.00 0 $0.00

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 01/12/2005 0 $0.00 0 $0.00 5.385008% 5.333857% 83 12/13/2004 0 $0.00 0 $0.00 5.385110% 5.333954% 84 11/12/2004 0 $0.00 0 $0.00 5.385227% 5.334066% 85 10/12/2004 0 $0.00 0 $0.00 5.385327% 5.334163% 86 09/13/2004 0 $0.00 0 $0.00 5.385442% 5.334273% 87 08/12/2004 0 $0.00 0 $0.00 5.385541% 5.334369% 88 07/12/2004 0 $0.00 0 $0.00 5.385640% 5.334463% 89 06/14/2004 0 $0.00 0 $0.00 5.385753% 5.334572% 90 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 10024494 3 0 1112/01/2004 ~~245~~254,~~932~~130.2903 ~~245~~254,~~932~~130.2903 A 10024464 7 0 1112/01/2004 160,036.57 160,036.57 B 10024495 10 0 1112/01/2004 8689,~~745~~636.1768 8689,~~745~~636.1768 A 10023913 12 0 12/01/2004 100,270.65 100,270.65 B 10024497 18 0 1112/01/2004 68,473.26 68,473.26 A 10024498 22 0 1112/01/2004 67,092.94 67,092.94 A 10024499 24 0 1112/01/2004 62,157.29 62,157.29 A 10024500 26 0 1112/01/2004 64,053.32 64,053.32 A 10021955 27 0 12/01/2004 58,348.90 58,348.90 B 10024501 28 0 1112/01/2004 58,074.21 58,074.21 A 10024502 32 0 1112/01/2004 49,964.17 49,964.17 A 10024472 35 0 1112/01/2004 43,390.68 43,390.68 B 10024503 37 0 1112/01/2004 41,370.21 41,370.21 A 10020514 39 0 12/01/2004 41,906.39 41,906.39 B 10024474 42 0 1112/01/2004 37,873.89 37,873.89 B 10024475 44 0 1112/01/2004 39,782.75 39,782.75 B 10024504 47 0 1112/01/2004 34,933.14 34,933.14 A ~~10023730 49 0 11/01/2004 38,238.01 38,238.01 B~~ 10024505 51 0 1112/01/2004 32,118.44 32,118.44 A 10022779 52 0 1112/01/2004 31,470.93 31,470.93 A 10024506 54 0 1112/01/2004 2627,~~603~~489.1794 2627,~~603~~489.1794 A 10024507 58 0 1112/01/2004 25,975.61 25,975.61 A 10024508 60 0 1112/01/2004 26,320.27 26,320.27 A 10024477 62 0 12/01/2004 20,815.99 20,815.99 B 10024509 65 0 1112/01/2004 17,539.06 17,539.06 A 10023364 70 0 12/01/2004 16,~~973~~533.2859 16,~~973~~533.2859 AB Totals 2125 1,~~257~~469,~~579~~758.6091 1,~~257~~469,~~579~~758.6091

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 10024494 57,500,000.00 0.00 10024464 27,~~802~~771,~~342~~123.9489 0.00 10024495 16,452,380.00 0.00 10023913 15,813,924.09 0.00 10024497 12,~~293~~278,~~598~~909.3255 0.00 10024498 11,~~587~~574,~~289~~323.7594 0.00 10024499 11,~~182~~169,~~815~~407.1649 0.00 10024500 10,~~901~~889,278.2755 0.00 10021955 10,709,569.77 13,293.12 10024501 10,~~468~~456,~~670~~078.5636 0.00 10024502 8,~~101~~087,~~164~~791.9100 0.00 10024472 7,~~546~~537,~~232~~743.9156 0.00 10024503 7,~~312~~303,~~645~~877.66 0.00 ~~10024474~~10020514 6,~~645~~981,~~080~~818.1344 0.00 ~~10024475~~10024474 6,~~544~~637,~~697~~441.4835 0.00 ~~10024504~~10024475 6,~~432~~537,~~283~~910.7091 0.00 ~~10023730~~10024504 6,~~413~~424,~~364~~205.1234 0.00 10024505 5,~~844~~837,~~966~~764.4359 0.00 10022779 5,~~039~~031,~~874~~713.7928 0.00 10024506 5,045,646.00 0.00 10024507 4,~~464~~459,~~633~~678.5996 0.00 10024508 4,~~352~~348,~~814~~258.8666 0.00 10024477 3,608,215.06 0.00 10024509 3,219,209.00 0.00 ~~Totals~~10023364 ~~235~~2,~~150~~491,~~988~~934.5849 0.00 Totals 268,168,203.94 13,293.12

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = A (16 loans) ~~938~~950,~~257~~799.7050 ~~938~~950,~~257~~799.7050 180,~~199~~078,~~271~~522.0038 0.00 Total for Status Code = B (59 loans) ~~319~~518,~~321~~959.9041 ~~319~~518,~~321~~959.9041 5488,~~951~~089,~~717~~681.5856 013,293.0012 (1) Status of Mortgage Loan A - Payment Not Received But Still In Grace Period B - Late Payment But Less Than 1 Month Delinquent 0 - Current 1 - One Month Delinquent 2 - Two Months Delinquent 3 - Three or More Months Delinquent 4 - Assumed Scheduled Payment (Performing Matured Balloon) 7 - Foreclosure 9 - REO (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD ** Outstanding P & I Advances include the current period advance.

Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period

Filing Compare · MERRILL LYNCH MORTGAGE INVESTORS INC TRUST 2004-MKB1