8-K 1 bsc05t18_10506.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: June 13, 2005 (Date of earliest event reported) Commission File No.: 333-120522-02 Bear Stearns Commercial Mortgage Securities Inc. Commercial Mortgage Pass-Through Certificates Series 2005-TOP 18 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2173121 54-2173122 54-2173123 54-6658786 54-6658799 (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 June 13, 2005, a distribution was made to holders of Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2005-TOP 18. 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 2005-TOP 18, relating to the June 13, 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. Bear Stearns Commercial Mortgage Securities Inc. Commercial Mortgage Pass-Through Certificates Series 2005-TOP 18 (Registrant) By: Wells Fargo Bank, N.A. as Paying Agent By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: June 13, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2005-TOP 18, relating to the June 13, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Bear Stearns Commercial Mortgage Securities Inc. Commercial Mortgage Pass-Through Certificates Series 2005-TOP 18 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: June 13, 2005 Record Date: May 31, 2005 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 16 Principal Prepayment Detail 17 Historical Detail 18 Delinquency Loan Detail 19 Specially Serviced Loan Detail 20 - 21 Modified Loan Detail 22 Liquidated Loan Detail 23 Bond / Collateral Realized Loss Reconciliation 24 Depositor Bear Stearns Commercial Mortgage Securities Inc. 383 Madison Avenue New York, NY 10179 Contact: General Information Number Phone Number: (212) 272-2000 Master Servicer Wells Fargo Bank, N.A. 45 Fremont Street, 2nd Floor investorreporting@wellsfargo.com San Francisco, CA 94105 Contact: Matilde Sanchez Phone Number: Special Servicer ARCap Servicing, Inc. 5605 N. MacArthur Blvd. Irving, TX 75038 Contact: Chris Crouch Phone Number: (972) 580-1688 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the, 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 07383F5F1 4.274000% 69,500,000.00 6968,~~500~~711,~~000~~825.0088 ~~788~~715,~~174~~242.1244 ~~247~~244,~~535~~728.8362 A-2 07383F5G9 4.556000% 121,900,000.00 121,900,000.00 0.00 462,813.67 A-3 07383F5H7 4.768000% 41,600,000.00 41,600,000.00 0.00 165,290.67 A-AB 07383F5J3 4.823000% 105,700,000.00 105,700,000.00 0.00 424,825.92 A-4 07383F5K0 4.933000% 517,238,000.00 517,238,000.00 0.00 2,126,279.21 A-4FL 07383F6R4 3.~~235130~~290000% 75,000,000.00 75,000,000.00 0.00 ~~101~~212,~~097~~479.8117 A-J 07383F5M6 5.005000% 74,307,000.00 74,307,000.00 0.00 309,922.11 B 07383F5N4 5.035000% 29,443,000.00 29,443,000.00 0.00 123,537.92 C 07383F5P9 5.074000% 8,412,000.00 8,412,000.00 0.00 35,568.74 D 07383F5Q7 5.134000% 12,618,000.00 12,618,000.00 0.00 53,984.01 E 07383F5S3 5.258000% 11,216,000.00 11,216,000.00 0.00 49,144.77 F 07383F5T1 5.~~305820~~464929% 9,814,000.00 9,814,000.00 0.00 4344,~~392~~694.7601 G 07383F5U8 5.~~305820~~464929% 9,814,000.00 9,814,000.00 0.00 4344,~~392~~694.7601 H 07383F5V6 5.~~305820~~464929% 8,412,000.00 8,412,000.00 0.00 3738,~~193~~309.8016 J 07383F5W4 4.706000% 4,206,000.00 4,206,000.00 0.00 16,494.53 K 07383F5X2 4.706000% 4,206,000.00 4,206,000.00 0.00 16,494.53 L 07383F5Y0 4.706000% 4,206,000.00 4,206,000.00 0.00 16,494.53 M 07383F5Z7 4.706000% 1,402,000.00 1,402,000.00 0.00 5,498.18 N 07383F6A1 4.706000% 1,403,000.00 1,403,000.00 0.00 5,502.10 O 07383F6B9 4.706000% 2,804,000.00 2,804,000.00 0.00 10,996.35 P 07383F6C7 4.706000% 8,412,137.00 8,412,137.00 0.00 32,989.60 R-1 N/A 0.000000% 0.00 0.00 0.00 0.00 R-2 N/A 0.000000% 0.00 0.00 0.00 0.00 R-3 N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 1,121,613,137.00 1,~~121~~120,~~613~~824,~~137~~962.0088 ~~788~~715,~~174~~242.1244 4,~~328~~440,~~449~~741.8081

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 07383F5F1 0.00 0.00 1959,~~035,709~~971.9506 6867,~~711~~996,~~825~~583.8844 17.0102% A-2 07383F5G9 0.00 0.00 462,813.67 121,900,000.00 17.0102% A-3 07383F5H7 0.00 0.00 165,290.67 41,600,000.00 17.0102% A-AB 07383F5J3 0.00 0.00 424,825.92 105,700,000.00 17.0102% A-4 07383F5K0 0.00 0.00 2,126,279.21 517,238,000.00 17.0102% A-4FL 07383F6R4 0.00 0.00 ~~101~~212,~~097~~479.8117 75,000,000.00 17.0102% A-J 07383F5M6 0.00 0.00 309,922.11 74,307,000.00 10.3839% B 07383F5N4 0.00 0.00 123,537.92 29,443,000.00 7.76% C 07383F5P9 0.00 0.00 35,568.74 8,412,000.00 7.0001% D 07383F5Q7 0.00 0.00 53,984.01 12,618,000.00 5.88% E 07383F5S3 0.00 0.00 49,144.77 11,216,000.00 4.88% F 07383F5T1 0.00 0.00 4344,~~392~~694.7601 9,814,000.00 4.0001% G 07383F5U8 0.00 0.00 4344,~~392~~694.7601 9,814,000.00 3.13% H 07383F5V6 0.00 0.00 3738,~~193~~309.8016 8,412,000.00 2.38% J 07383F5W4 0.00 0.00 16,494.53 4,206,000.00 2.00% K 07383F5X2 0.00 0.00 16,494.53 4,206,000.00 1.63% L 07383F5Y0 0.00 0.00 16,494.53 4,206,000.00 1.25% M 07383F5Z7 0.00 0.00 5,498.18 1,402,000.00 1.13% N 07383F6A1 0.00 0.00 5,502.10 1,403,000.00 1.00% O 07383F6B9 0.00 0.00 10,996.35 2,804,000.00 0.75% P 07383F6C7 0.00 0.00 32,989.60 8,412,137.00 0.00% R-1 N/A 0.00 0.00 0.00 0.00 0.00% R-2 N/A 0.00 0.00 0.00 0.00 0.00% R-3 N/A 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 5,~~116~~155,~~623~~984.9225 1,120,~~824~~109,~~962~~720.8844

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X 07383F5R5 0.~~453169~~607891% 1,121,613,137.00 1,~~121~~120,~~613~~824,~~137~~962.0088 ~~423~~567,~~566~~782.6965

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X 07383F5R5 0.00 ~~423~~567,~~566~~782.6965 1,120,~~824~~109,~~962~~720.8844 (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 07383F5F1 ~~1,000~~988.~~00000000~~65936518 1110.~~34063482~~29125813 3.~~56166662~~52127511 0.00000000 0.00000000 ~~988~~978.~~65936518~~36810705 A-2 07383F5G9 1,000.00000000 0.00000000 3.79666669 0.00000000 0.00000000 1,000.00000000 A-3 07383F5H7 1,000.00000000 0.00000000 3.97333341 0.00000000 0.00000000 1,000.00000000 A-AB 07383F5J3 1,000.00000000 0.00000000 4.01916670 0.00000000 0.00000000 1,000.00000000 A-4 07383F5K0 1,000.00000000 0.00000000 4.11083333 0.00000000 0.00000000 1,000.00000000 A-4FL 07383F6R4 1,000.00000000 0.00000000 12.~~34797080~~83305560 0.00000000 0.00000000 1,000.00000000 A-J 07383F5M6 1,000.00000000 0.00000000 4.17083330 0.00000000 0.00000000 1,000.00000000 B 07383F5N4 1,000.00000000 0.00000000 4.19583331 0.00000000 0.00000000 1,000.00000000 C 07383F5P9 1,000.00000000 0.00000000 4.22833333 0.00000000 0.00000000 1,000.00000000 D 07383F5Q7 1,000.00000000 0.00000000 4.27833333 0.00000000 0.00000000 1,000.00000000 E 07383F5S3 1,000.00000000 0.00000000 4.38166637 0.00000000 0.00000000 1,000.00000000 F 07383F5T1 1,000.00000000 0.00000000 4.~~42151620~~55410740 0.00000000 0.00000000 1,000.00000000 G 07383F5U8 1,000.00000000 0.00000000 4.~~42151620~~55410740 0.00000000 0.00000000 1,000.00000000 H 07383F5V6 1,000.00000000 0.00000000 4.~~42151688~~55410842 0.00000000 0.00000000 1,000.00000000 J 07383F5W4 1,000.00000000 0.00000000 3.92166667 0.00000000 0.00000000 1,000.00000000 K 07383F5X2 1,000.00000000 0.00000000 3.92166667 0.00000000 0.00000000 1,000.00000000 L 07383F5Y0 1,000.00000000 0.00000000 3.92166667 0.00000000 0.00000000 1,000.00000000 M 07383F5Z7 1,000.00000000 0.00000000 3.92166904 0.00000000 0.00000000 1,000.00000000 N 07383F6A1 1,000.00000000 0.00000000 3.92166785 0.00000000 0.00000000 1,000.00000000 O 07383F6B9 1,000.00000000 0.00000000 3.92166548 0.00000000 0.00000000 1,000.00000000 P 07383F6C7 1,000.00000000 0.00000000 3.92166699 0.00000000 0.00000000 1,000.00000000 R-1 N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-3 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 X 07383F5R5 ~~1,000~~999.~~00000000~~29728523 0.~~37764063~~50621969 0.00000000 ~~999~~998.~~29728523~~65959437

Reconciliation Detail Advance Summary P & I Advances Outstanding 1243,~~111,190~~156.2250 Master Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Current 1 Month LIBOR 3.~~035130~~090000% Next 1 Month LIBOR 3.~~090000~~210000%

Master Servicing Fee Summary Current Period Accrued Master Servicing Fees 3536,~~011~~052.9009 Less Delinquent Master Servicing Fees 41,~~172~~670.7722 Less Reductions to Master Servicing Fees 0.00 Plus Master Servicing Fees for Delinquent Payments Received 06,275.0027 Plus Adjustments for Prior Master Servicing Calculation 0.00 Total Master Servicing Fees Collected 3040,~~839~~657.1314

Certificate Interest Reconciliation Class Accrued Net Aggregate Realized Previously Unpaid Distributable Distributable Certificate Prepayment Losses/ Interest Certificate Certificate Interest Interest Expense (including interest Interest Interest Shortfall Losses thereon) Adjustment A-1 ~~247~~244,~~535~~728.8362 0.00 0.00 0.00 ~~247~~244,~~535~~728.8362 0.00 A-2 462,813.67 0.00 0.00 0.00 462,813.67 0.00 A-3 165,290.67 0.00 0.00 0.00 165,290.67 0.00 A-AB 424,825.92 0.00 0.00 0.00 424,825.92 0.00 A-4 2,126,279.21 0.00 0.00 0.00 2,126,279.21 0.00 A-4FL ~~101~~212,~~097~~479.8117 0.00 0.00 0.00 ~~101~~212,~~097~~479.8117 0.00 X ~~423~~567,~~566~~782.6965 0.00 0.00 0.00 ~~423~~567,~~566~~782.6965 0.00 A-J 309,922.11 0.00 0.00 0.00 309,922.11 0.00 B 123,537.92 0.00 0.00 0.00 123,537.92 0.00 C 35,568.74 0.00 0.00 0.00 35,568.74 0.00 D 53,984.01 0.00 0.00 0.00 53,984.01 0.00 E 49,144.77 0.00 0.00 0.00 49,144.77 0.00 F 4344,~~392~~694.7601 0.00 0.00 0.00 4344,~~392~~694.7601 0.00 G 4344,~~392~~694.7601 0.00 0.00 0.00 4344,~~392~~694.7601 0.00 H 3738,~~193~~309.8016 0.00 0.00 0.00 3738,~~193~~309.8016 0.00 J 16,494.53 0.00 0.00 0.00 16,494.53 0.00 K 16,494.53 0.00 0.00 0.00 16,494.53 0.00 L 16,494.53 0.00 0.00 0.00 16,494.53 0.00 M 5,498.18 0.00 0.00 0.00 5,498.18 0.00 N 5,502.10 0.00 0.00 0.00 5,502.10 0.00 O 10,996.35 0.00 0.00 0.00 10,996.35 0.00 P 32,989.60 0.00 0.00 0.00 32,989.60 0.00 Total 45,~~752~~008,~~016~~524.4946 0.00 0.00 0.00 45,~~752~~008,~~016~~524.4946 0.00

Class Interest Remaining Distribution Unpaid Interest A-1 ~~247~~244,~~535~~728.8362 0.00 A-2 462,813.67 0.00 A-3 165,290.67 0.00 A-AB 424,825.92 0.00 A-4 2,126,279.21 0.00 A-4FL ~~101~~212,~~097~~479.8117 0.00 X ~~423~~567,~~566~~782.6965 0.00 A-J 309,922.11 0.00 B 123,537.92 0.00 C 35,568.74 0.00 D 53,984.01 0.00 E 49,144.77 0.00 F 4344,~~392~~694.7601 0.00 G 4344,~~392~~694.7601 0.00 H 3738,~~193~~309.8016 0.00 J 16,494.53 0.00 K 16,494.53 0.00 L 16,494.53 0.00 M 5,498.18 0.00 N 5,502.10 0.00 O 10,996.35 0.00 P 32,989.60 0.00 Total 45,~~752~~008,~~016~~524.4946 0.00

Other Required Information Available Distribution Amount (1) 5,~~540~~723,~~190~~766.6190 Principal Distribution Amount ~~788~~715,~~174~~242.1248 (a) Principal portion of Scheduled Payments ~~788~~715,~~174~~242.1248 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 0.00 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 159 Aggregate Unpaid Principal Balance of the Mortgage Loans 1,120,~~963~~120,~~356~~593.9098 Aggregate Scheduled Principal Balance of the Mortgage Loans 1,120,~~824~~109,~~963~~720.0460 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Master Servicing and Special Servicing Fee Paid 3040,~~839~~657.1314 Master Servicing Fee Paid 3040,~~839~~657.1314 Special Servicing Fee Paid 0.00 Trustee Fee Paid ~~944~~971.0261 Paying Agent Fee Paid 1,~~252~~289.4706 Expense Losses (Additional Trust Fund Expenses) 0.00 (i) Special Servicing and Liquidation Fees 0.00 (ii) Advance Interest 0.00 (iii)Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 5,142,670.55 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 5,142,670.55 Principal: Scheduled Principal 715,242.48 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 715,242.48 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 5,857,913.03 Total Funds Distributed Fees: Master Servicing Fee 36,052.09 Trustee Fee 971.61 Certificate Administration Fee 1,289.06 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 38,312.76 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 5,008,524.46 Principal Distribution 715,242.44 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 95,833.33 Total Payments to Certificateholders & Others 5,819,600.23 Total Funds Distributed 5,857,912.99

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 1,000,000 7 6,~~205~~196,~~922~~615.2468 0.55 ~~118~~117 5.~~8679~~8682 1.~~351897~~352008 1,000,001 to 2,000,000 25 38,~~392~~346,~~601~~504.6278 3.4342 ~~120~~119 5.6234 1.~~728237~~728554 2,000,001 to 3,000,000 30 74,~~921~~818,~~847~~575.5257 6.68 ~~116~~115 5.4625 1.~~722952~~723103 3,000,001 to 4,000,000 16 56,~~641~~574,~~992~~977.0107 5.05 ~~127~~126 5.~~5718~~5717 1.~~928176~~928392 4,000,001 to 5,000,000 20 90,~~772~~694,~~308~~155.8182 8.10 ~~127~~126 5.6017 1.~~809869~~810194 5,000,001 to 6,000,000 14 7675,~~059~~994,~~943~~278.8738 6.7978 ~~127~~126 5.~~5491~~5490 1.~~657400~~657592 6,000,001 to 7,000,000 9 57,~~821~~779,~~059~~218.8020 5.16 ~~112~~111 5.~~4107~~4106 1.~~696588~~696764 7,000,001 to 8,000,000 11 8382,~~073~~979,~~195~~790.8968 7.41 ~~108~~107 5.4048 1.~~766511~~766591 8,000,001 to 9,000,000 5 43,~~640~~597,~~481~~222.7679 3.89 ~~117~~116 5.~~3423~~3424 1.~~824159~~824047 9,000,001 to 10,000,000 1 9,100,000.00 0.81 ~~117~~116 5.3800 1.490000 10,000,001 to 15,000,000 7 8685,~~018~~942,~~574~~824.5414 7.67 ~~111~~110 5.~~1970~~1968 2.~~958611~~960010 15,000,001 to 20,000,000 5 88,~~796~~745,~~041~~242.9657 7.92 ~~109~~108 5.~~1714~~1710 1.~~930448~~930774 25,000,001 and greater 9 409,~~380~~340,~~993~~314.0292 36.5254 ~~106~~105 5.~~2114~~2113 2.~~088019~~088028 Totals 159 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 5,~~085~~078,~~859~~951.0028 0.45 ~~164~~163 6.2700 1.400000 Arizona 7 27,~~555~~535,~~326~~973.4317 2.46 ~~110~~109 5.3213 1.~~754089~~754286 Arkansas 1 6,740,000.00 0.60 8281 4.9800 2.760000 California 29 153,~~593~~465,~~907~~358.6665 13.70 ~~123~~122 5.~~5352~~5351 1.~~669487~~669562 Colorado 4 57,~~663~~660,~~622~~103.3932 5.1415 ~~106~~105 5.2345 1.~~936554~~936585 Connecticut 8 41,~~955~~938,282.4437 3.74 8584 5.~~0447~~0446 2.~~208152~~208337 Florida 34 36,~~411~~381,~~649~~273.1148 3.25 ~~129~~128 5.~~7625~~7626 1.~~852248~~852513 Georgia 8 35,~~875~~846,~~923~~813.6316 3.20 ~~123~~122 5.~~4401~~4400 1.~~725964~~726134 Hawaii 1 63,315,000.00 5.65 ~~114~~113 5.1452 1.920000 Illinois 5 6,~~022~~011,~~022~~117.9414 0.54 ~~103~~102 5.~~2217~~2216 1.~~373228~~373361 Indiana 4 15,~~670~~651,~~474~~931.6718 1.40 ~~118~~117 5.3836 1.~~462640~~462642 Iowa 1 3,~~407~~403,~~831~~413.0623 0.30 ~~111~~110 6.2500 1.180000 Louisiana 1 2,~~482~~477,~~642~~326.9737 0.22 ~~237~~236 5.6700 1.760000 Maryland 4 82,~~672~~658,~~378~~647.2060 7.38 6059 5.~~1730~~1729 2.~~302964~~303054 Massachusetts 3 34,837,000.00 3.11 9190 4.9026 2.536773 Michigan 1 5,~~077~~072,~~390~~444.3898 0.45 ~~116~~115 5.4700 1.350000 Minnesota 2 4,~~115~~112,~~764~~175.5638 0.37 ~~123~~122 5.8327 1.507281 Missouri 5 47,~~737~~683,~~412~~659.0138 4.26 ~~110~~109 5.~~7763~~7762 1.~~904729~~904798 New Jersey 8 51,~~875~~790,~~699~~949.9606 4.6362 ~~124~~123 5.2600 1.~~615854~~615767 New York 14 265,~~827~~775,~~283~~057.9858 23.7273 ~~118~~117 5.~~1892~~1891 2.~~418499~~418673 North Carolina 6 2221,~~012~~980,~~275~~380.6977 1.96 ~~162~~161 5.~~5734~~5735 1.~~498164~~498337 Ohio 8 30,~~629~~582,~~927~~451.3833 2.73 ~~120~~119 5.~~5207~~5206 1.~~605130~~605426 Pennsylvania 5 34,~~887~~844,~~142~~978.3660 3.11 ~~118~~117 5.4106 1.~~774528~~774439 Rhode Island 1 7,~~484~~477,~~761~~660.0124 0.67 ~~118~~117 5.5200 1.350000 South Carolina 1 4,~~989~~985,~~928~~240.1485 0.45 ~~130~~129 5.5600 1.400000 Tennessee 2 11,735,000.00 1.05 7978 5.1775 2.547520 Texas 10 39,~~686~~612,~~484~~077.8860 3.54 ~~129~~128 5.~~6485~~6486 1.~~551803~~551910 Virginia 3 7,~~794~~788,~~234~~173.9163 0.70 ~~101~~100 5.3751 1.~~883818~~884027 Washington 4 10,~~257~~245,~~262~~934.4880 0.9291 ~~116~~115 5.7839 1.~~468445~~468498 Wisconsin 1 3,~~425~~422,~~475~~345.2691 0.31 ~~116~~115 5.7300 1.450000 Totals 182 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.20 or less 7 21,~~262~~231,~~142~~376.4127 1.90 ~~142~~141 5.9246 1.~~155242~~155261 1.21 to 1.30 11 37,~~383~~315,~~111~~311.7477 3.3433 ~~122~~121 5.~~6864~~6865 1.~~237801~~237811 1.31 to 1.40 22 ~~160~~159,~~142~~960,~~181~~456.0726 14.2928 ~~133~~132 5.5717 1.~~352051~~352050 1.41 to 1.50 30 201,~~987~~830,~~319~~506.7879 18.02 ~~120~~119 5.4193 1.~~468044~~468060 1.51 to 1.60 14 49,~~387~~339,~~794~~690.8699 4.4140 ~~120~~119 5.4254 1.~~553192~~553199 1.61 to 1.70 9 34,~~293~~266,~~428~~448.5438 3.06 ~~135~~134 5.4509 1.~~651170~~651166 1.71 to 1.80 13 47,~~909~~852,~~255~~027.9798 4.27 ~~121~~120 5.3740 1.~~758283~~758281 1.81 or greater 53 568,~~459~~313,~~728~~902.6716 50.7274 ~~100~~99 5.~~1957~~1956 2.~~499138~~499224 Totals 159 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 17 87,~~912~~809,~~248~~336.6004 7.84 ~~125~~124 5.6316 1.~~567683~~567728 Lodging 4 53,~~736~~662,~~203~~734.4692 4.79 ~~117~~116 5.7656 2.~~043802~~043798 Mixed Use 4 14,~~201~~180,~~155~~677.9176 1.27 ~~127~~126 5.~~5440~~5437 1.~~504868~~504902 Mobile Home Park 1 2,~~297~~295,~~425~~182.1611 0.20 ~~119~~118 5.3800 1.540000 Multi-Family 19 242,~~940~~826,~~913~~017.3104 21.68 ~~120~~119 5.2606 2.~~099562~~099800 Office 25 220,~~848~~696,~~926~~011.3197 19.70 ~~121~~120 5.~~2661~~2659 2.~~034273~~034663 Other 2 3,~~992~~990,~~283~~169.4398 0.36 8382 5.~~4933~~4932 1.~~929887~~930131 Retail 103 ~~480~~479,~~029~~802,~~150~~770.2961 42.8384 ~~103~~102 5.~~3022~~3021 1.~~999622~~999849 Self Storage 7 14,~~866~~846,~~657~~820.0363 1.33 ~~110~~109 5.8631 1.~~522939~~522971 Totals 182 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.501% to 5.000% 13 200,~~490~~465,~~846~~067.8050 17.8990 9998 4.8632 3.~~031980~~032177 5.001% to 5.500% 80 637,~~346~~019,~~653~~290.8379 56.8687 ~~108~~107 5.2765 1.~~830625~~830720 5.501% to 6.000% 50 228,~~382~~081,~~767~~807.2883 20.3836 ~~132~~131 5.7448 1.~~551454~~551493 6.001% to 6.500% 14 48,~~391~~340,~~977~~199.0759 4.32 ~~130~~129 6.1958 1.~~776052~~776272 6.501% or greater 2 6,~~212~~203,~~718~~354.0689 0.55 ~~204~~203 6.6798 1.~~161179~~161267 Totals 159 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 156 1,~~107~~106,~~615~~923,~~276~~356.9615 98.82 ~~113~~112 5.~~3400~~3398 1.~~989224~~989482 13 to 24 months 3 13,~~209~~186,~~686~~364.0845 1.18 ~~142~~141 5.~~8082~~8084 1.~~424542~~424317 25 to 36 months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 159 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829

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 12 135,~~710~~699,~~253~~744.7744 12.11 5453 5.0762 2.~~310144~~310201 61 to 120 months 127 ~~894~~893,~~448~~922,~~401~~663.2129 79.8081 ~~115~~114 5.3367 1.~~988067~~988275 121 to 180 months 9 55,~~514~~428,~~341~~054.6267 4.95 ~~158~~157 5.8441 1.~~449682~~449789 181 to 240 months 0 0.00 0.00 0 0.0000 0.000000 ~~240~~241 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 148 1,085,~~672~~050,~~996~~462.6040 96.8687 ~~109~~108 5.~~3301~~3300 2.~~000798~~001028

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 1 2,~~046~~033,~~301~~028.7476 0.18 ~~116~~115 5.2600 1.230000 121 to 180 months 3 6,~~233~~210,~~272~~394.8861 0.5655 ~~172~~171 5.~~5460~~5461 1.~~475838~~475781 181 to 240 months 6 22,~~640~~592,~~855~~120.3698 2.02 ~~237~~236 5.7719 1.~~492160~~492155 241 months and greater 1 4,~~231~~223,~~536~~713.4685 0.38 ~~248~~247 6.7500 1.040000 Totals 11 35,~~151~~059,~~966~~258.4420 3.1413 ~~220~~219 5.~~8198~~8200 1.~~419574~~419580

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 28 468,649,500.00 41.8184 9998 5.0986 2.405704 180 months or less 1 7,~~066~~040,~~557~~324.3276 0.63 ~~115~~114 5.1200 1.440000 181 to 240 months 11 48,~~534~~431,~~542~~674.6992 4.3332 ~~145~~144 5.~~6998~~6999 1.~~509876~~509847 241 to 300 months 41 197,~~519~~252,~~010~~085.0336 17.6261 ~~118~~117 5.~~6482~~6483 1.~~754946~~755006 301 to 360 months 67 363,~~903~~676,~~386~~877.5636 32.47 ~~114~~113 5.~~4104~~4103 1.~~689151~~689257 Totals 148 1,085,~~672~~050,~~996~~462.6040 96.8687 ~~109~~108 5.~~3301~~3300 2.~~000798~~001028

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 159 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829 1 year or less 0 0.00 0.00 0 0.0000 0.000000 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 159 1,120,~~824~~109,~~963~~720.0460 100.00 ~~113~~112 5.~~3455~~3453 1.~~982569~~982829 (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 the related mortgage loan as disclosed in the offering document. Note: (i) An ARD Loan constitutes a "Hyper-Amortization Loan" as defined in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 700201895 1 MF New York NY ~~377~~390,~~541~~126.6739 0.00 5.330% 700201897 2 OF New York NY ~~300~~310,~~625~~645.0083 0.00 4.810% 850500081 3 RT Landover MD 305,066.67 0.00 5.120% 850201696 4.1 RT Waipahu HI ~~107~~111,~~775~~367.0353 0.00 5.145% 510902278 4.2 ~~107~~111,~~775~~367.0353 0.00 5.145% 850201697 4.3 2728,~~961~~893.7884 0.00 5.145% 510902279 4.4 2728,~~961~~893.7884 0.00 5.145% 600874207 5 OF Denver CO ~~164~~169,~~456~~938.2513 0.00 5.370% 700201896 6 MF New York NY ~~140~~145,~~791~~484.6772 0.00 5.450% 850201732 7 LO Branson MO ~~153~~158,~~234~~108.4992 4540,~~552~~678.5310 5.950% 700400290 8 MF New York NY ~~120~~124,~~833~~861.3311 0.00 5.000% 310902257 9 RT Watertown MA 8386,~~666~~455.6756 0.00 5.020% 700201219 10 RT Vernon CT 7577,~~468~~984.7538 0.00 4.830% 700400258 11 RT Greeley CO 6972,~~701~~025.8827 0.00 4.870% 310902399 12 Various Allen Various 8486,~~263~~881.7089 3734,~~137~~519.6243 5.960% 600874208 13 MF South Hampton PA 6972,~~828~~072.7563 1816,~~523~~279.8496 5.250% 700400315 14 MF New York NY 6163,~~125~~162.0050 0.00 4.890% 850500090 15 RT Worcester MA 5153,~~515~~232.7594 0.00 4.719% 600874209 16 OF Akron OH 5658,~~851~~612.2795 2725,~~411~~649.5385 5.650% 850201723 17 RT Mission Viejo CA 5355,~~590~~376.0033 0.00 5.359% 600874210 18 RT Whiting NJ 5355,~~421~~112.0177 1917,~~269~~577.5882 5.360% 600874211 19 MF Woodbridge NJ 4748,~~150~~618.0098 2422,~~238~~769.7779 4.920% 850201729 20 OF Inglewood CA 4950,~~243~~830.9427 119,~~339~~752.2794 5.646% 700400280 21 RT San Diego CA 4042,~~798~~158.3328 0.00 5.380% 600874212 22 IN Chula Vista CA 4142,~~100~~470.00 0.00 5.480% 600874213 23 RT Torrance CA 3738,~~742~~934.2082 1513,~~080~~888.8624 5.040% 600874214 24 MF Greenfield IN 3941,~~878~~160.4764 108,~~266~~984.7558 5.330% 310902222 25 LO Hummelstown PA 3940,~~410~~660.4719 1312,~~432~~182.0634 5.530% 600874215 26 RT Atlanta GA 3637,~~365~~535.9707 98,~~372~~203.9181 5.340% 600874216 27 OF Irvine CA 3637,~~498~~673.7674 87,~~824~~649.0204 5.480% 850201714 28 RT Richardson TX 3435,~~652~~765.3945 98,~~355~~242.5953 5.216% 850500121 29 LO Philadelphia PA 3637,~~441~~596.2615 1211,~~647~~492.5364 5.492% 700400125 30 IN Maspeth NY 4142,~~098~~405.0652 1110,~~626~~318.0559 6.240% 850201728 31 RT Westport CT 3435,~~367~~513.6321 0.00 5.391% 600874217 32 OF Warwick RI 3435,~~467~~577.6756 87,~~210~~100.6677 5.520% 850500125 33 IN North Bergen NJ 3233,~~280~~317.3902 87,~~824~~787.2057 5.183% 850500117 34 RT Phoenix AZ 3132,~~187~~188.7376 87,~~764~~763.2522 5.110% 850500107 35 RT Memphis TN 30,869.33 0.00 5.120% 700400226 36 OF San Angelo TX 3031,~~266~~155.3667 2726,~~121~~232.8756 5.120% 600874218 37 IN San Leandro CA 3233,~~493~~539.4929 76,~~864~~818.0929 5.510% 850500132 38 RT Little Rock AR 27,971.00 0.00 4.980% 600874219 39 RT Union City CA 2930,~~103~~038.0169 76,~~473~~537.0941 5.350% 600874220 40 IN Clifton NJ 3031,~~820~~800.8300 98,~~835~~856.7457 5.690% 310902223 41 LO Baltimore MD 2930,~~488~~424.9506 109,~~050~~115.5746 5.530% 600874221 42 OF Marietta GA 28,~~044~~946.7142 76,~~174~~272.5988 5.360% 310902313 43 RT Independence MO 3031,~~380~~360.0069 65,~~315~~334.1647 5.880% 600874222 44 OF Norcross GA 2930,~~201~~142.4023 65,~~665~~724.6481 5.670% 700400206 45 MF Charlotte NC 2526,~~851~~681.9894 76,~~094~~264.6771 5.200% 310902344 46 IN Simi Valley CA 2526,~~713~~570.3344 0.00 5.320% 600874223 47 IN Vernon CA 2728,~~655~~533.3470 87,~~797~~919.8145 5.740% 850500134 48 RT St. Petersburg FL 25,~~044~~849.7969 65,~~642~~837.8595 5.232% 600874224 49 RT Boca Raton FL 2627,~~999~~856.1625 87,~~722~~865.2516 5.710% 850500108 50 RT Kansas City MO 23,114.67 0.00 5.120% 600874225 51 RT Cumming GA 2324,~~625~~412.0050 0.00 5.250% 600874226 52 RT Davie FL 2627,~~235~~082.0020 54,~~337~~489.0282 5.940% 700400252 53 OF Cupertino CA 2324,~~902~~671.3423 5,~~958~~189.1223 5.430% 600874227 54 MF Glendale AZ 2425,~~607~~397.2199 65,~~109~~318.7395 5.600% 700400279 55 RT Encinitas CA 23,~~100~~870.00 0.00 5.280% 600874228 56 RT Hoover AL 2627,~~614~~459.1240 76,~~753~~907.0072 6.270% 600874229 57 RT Brighton MI 23,~~170~~915.3892 54,~~690~~945.9440 5.470% 610901418 58 MU Burbank CA 26,~~436~~379.6493 10,~~870~~927.4314 6.260% 700400188 59 OF Murrieta CA 2425,~~583~~402.3378 0.00 5.900% 310902441 60 RT Mesa AZ 2223,~~916~~680.6756 0.00 5.500% 600874230 61 RT Anderson SC 23,~~145~~890.1767 54,~~432~~687.7929 5.560% 600874231 62 MF Montclair NJ 22,~~176~~860.3093 11,~~823~~139.9128 5.360% 850500074 63 RT Reynoldsburg OH 22,184.25 0.00 5.378% 937241407 64 RT Wimauma FL 2425,~~220~~027.4075 0.00 6.040% 700400272 65 RT Redding CA 2021,~~979~~678.1747 0.00 5.300% 610901698 66 RT Reedley CA 2425,~~479~~260.1702 65,~~525~~744.2944 6.250% 600874232 67 OF Smyrna TN 1920,~~762~~421.5025 0.00 5.270% 600874233 68 OF Franconia VA 20,~~250~~901.0066 54,~~018~~367.8923 5.400% 310902442 69 RT Palmdale CA 2021,~~362~~041.5025 0.00 5.430% 600874234 70 OF Lynnwood WA 2021,~~971~~636.0566 6,~~932~~266.2766 5.600% 600874235 71 IN City of Industry CA 2021,~~933~~597.5591 6,~~942~~278.7741 5.590% 600874236 72 RT Lancaster CA 2021,~~540~~183.9861 8,~~882~~239.2360 5.500% 600874237 73 RT North Baldwin NY 23,~~846~~802.1539 7,~~778~~822.8561 6.750% 937241409 74 RT Sorrento FL 2021,~~943~~641.7082 0.00 6.040% 600874238 75 MF Greenville NC 1718,~~716~~262.5954 109,~~039~~493.7176 5.160% 600874239 76 IN Cranbury NJ 1819,~~491~~078.9303 65,~~490~~904.1505 5.420% 600874201 77 OF Phoenix AZ 1718,~~729~~299.9669 4,~~703~~133.3259 5.250% 700400283 78 MF Huber Heights OH 1718,~~899~~474.5596 4,~~651~~076.4807 5.305% 600874240 79 MF Mesa AZ 16,~~233~~774.3344 0.00 4.870% 700400302 80 IN Shelby NC 1920,~~426~~029.8988 8,~~862~~259.3637 5.840% 600874241 81 MF Hillsborough NJ 1617,~~948~~471.8819 9,~~693~~170.0271 5.110% 600874242 82 IN Deer Park TX 1819,~~904~~514.4245 3,~~965~~355.9693 5.890% 410902407 83 SS Willis TX 19,~~059~~652.5898 7,~~929~~335.2181 6.140% 410902320 84 RT Noblesville IN 16,~~009~~517.3806 5,~~532~~024.0739 5.450% 600874203 85 RT Fairfield CT 14,~~387~~867.9251 0.00 4.933% 600874204 86 RT Stuart FL 1516,~~729~~235.1505 3,~~948~~442.4757 5.411% 700400200 87 MU New York NY 15,~~109~~594.4961 43,~~131~~645.0290 5.210% 700400233 88 RT Glendale WI 16,~~374~~901.1187 3,~~657~~129.1135 5.730% 600874243 89 MF Urbandale IA 1718,~~775~~340.0876 4,~~983~~417.5183 6.250% 600874244 90 IN Long Island City NY 15,~~107~~586.6504 54,~~467~~989.8647 5.350% 937241408 91 RT Tallahassee FL 17,~~047~~616.9016 0.00 6.040% 600874245 92 RT Dawsonville GA 15,~~115~~583.0151 76,~~223~~755.9747 5.680% 700400244 93 RT Bedford Hills NY 14,~~251~~702.4568 54,~~151~~700.6946 5.370% 600874202 94 RT Vancouver WA 1516,~~865~~377.5437 32,~~299~~787.5168 5.990% 850500128 95 RT Greenville NC 14,~~375~~854.0017 0.00 5.750% 600874246 96 IN Roseville CA 13,~~105~~520.6852 4,~~871~~456.7591 5.250% 600874247 97 MF Chapel Hill NC 14,~~233~~674.5764 6,~~777~~336.5952 5.720% 410902303 98 SS Nipomo CA 14,~~070~~523.1068 32,~~148~~695.9840 5.690% 410902192 99 MF Kansas City MO 1213,~~773~~178.4502 4,~~621~~216.0851 5.330% 600874248 100 OF Trumbull CT 1213,~~836~~211.2408 11,~~469~~094.8096 5.370% 600874249 101 MF Columbus OH 12,~~107~~489.3198 4,~~787~~405.6801 5.070% 700400321 102 MU Darien CT 12,~~136~~526.2503 32,~~355~~965.3456 5.110% 700400320 103 MU Darien CT 12,~~029~~416.7915 32,~~325~~939.9155 5.110% 410902305 104 RT Woodbury MN 13,~~464~~898.5888 2,~~933~~499.8252 5.750% 850500102 105 RT Norcross GA 10,370.81 0.00 4.833% 410902362 106 RT San Jose CA 11,~~239~~600.1476 2,~~799~~437.1351 5.400% 410902265 107 RT Millersville MD 11,~~056~~411.5399 2,~~857~~501.1569 5.320% 600874250 108 RT Gretna LA 1112,~~757~~121.3350 5,~~680~~316.7760 5.670% 850500124 109 OF Santa Monica CA 11,~~467~~830.0052 3,~~930~~566.0149 5.530% 850500115 110 RT Plainfield IL 10,~~110~~097.1574 23,~~997~~009.1051 4.970% 600874251 111 RT Dawsonville GA 1112,~~626~~001.2721 2,~~528~~153.4450 5.790% 410902405 112 SS St. Joseph MO 10,~~580~~915.0009 3,~~858~~523.6455 5.290% 600874252 113 IN Rochester NY 10,~~472~~809.0009 2,~~557~~220.1001 5.440% 410902416 114 MH Redlands CA 10,~~311~~643.6746 2,~~574~~243.8405 5.380% 700400267 115 OT Baltimore MD 1011,~~842~~192.6807 2,~~462~~113.8445 5.670% 620902388 116 OF Arcata CA 10,~~633~~963.3343 4,~~875~~545.3727 5.800% 600874253 117 RT Port St Lucie FL 1011,~~802~~146.5923 32,~~237~~894.8622 5.900% 700400256 118 RT Parker CO 910,~~995~~316.0767 2,~~454~~133.9131 5.470% 700400198 119 RT Port Washington NY 910,~~859~~171.1423 3,~~545~~233.8879 5.420% 700400148 120 MF New York NY 10,~~103~~428.4878 2,~~347~~022.8959 5.680% 850500101 121 RT Martinsville VA 9,332.29 0.00 5.270% 600874254 122 RT Toledo OH 9,~~642~~953.5003 21,~~294~~983.2572 5.510% 620902339 123 SS Houston TX 11,~~200~~557.0064 2,~~848~~490.4177 6.400% 600874255 124 RT New York NY 9,~~028~~268.8561 13,~~512~~272.7498 5.260% 410902306 125 OF Katy TX 9,~~241~~534.6795 32,~~093~~800.8860 5.545% 410902319 126 RT Indianapolis IN 9,~~028~~315.8315 32,~~119~~833.9462 5.450% 600874256 127 IN Groveport OH 9,~~435~~727.7999 4,~~548~~256.8565 5.700% 700400074 128 RT Greensboro NC 1011,~~791~~140.2129 1,~~889~~540.6456 6.530% 410902403 129 OF Roseville CA 9,~~310~~606.0019 2,~~792~~496.7354 5.880% 600874205 130 RT New Canaan CT 78,~~785~~044.1363 0.00 5.105% 850500094 131 RT Taunton MA 7,143.41 0.00 4.935% 600874257 132 RT Columbus OH 8,~~092~~331.3481 65,~~176~~937.8740 5.690% 600874206 133 OT Wilton CT 7,~~444~~692.5874 0.00 5.255% 410902186 134 RT Albany GA 8,~~443~~724.3378 0.00 5.960% 600874258 135 RT Various FL 78,~~989~~225.1459 65,~~082~~845.3691 5.700% 410902451 136 SS Milton WA 7,~~333~~569.3348 1,~~751~~515.2914 5.500% 410902342 137 RT Centennial CO 7,~~401~~639.2594 1,~~624~~385.4576 5.730% 410902200 138 OF Los Angeles CA 7,~~552~~796.4007 1,~~601~~357.5891 5.860% 620902449 139 IN Northridge CA 7,~~006~~231.0781 1,~~614~~388.5884 5.610% 850201713 140 OF Hoboken NJ 6,~~498~~707.5731 1,~~753~~545.8511 5.217% 410902371 141 RT Stillwater MN 6,~~560~~772.9288 1,~~301~~089.6266 6.010% 410902418 142 RT Williamsport PA 6,~~056~~251.1040 1,~~326~~130.1080 5.750% 410902385 143 RT Indianapolis IN 5,~~480~~653.0082 1,~~874~~700.7290 5.480% 850500109 144 RT Paoli PA 5,~~776~~963.7802 1,~~264~~078.2602 5.800% 410902209 145 OF Alexandria VA 5,~~361~~531.1406 1,~~863~~694.9705 5.470% 600874260 146 RT Chicago IL 5,~~217~~379.8733 2,~~660~~499.7630 5.440% 410902398 147 OF Dallas TX 5,~~000~~161.2419 1,~~217~~056.8691 5.460% 620902314 148 SS Phoenix AZ 5,~~172~~336.0932 1,~~681~~517.7653 5.650% 600874261 149 RT Cedar Park TX 5,~~032~~192.8068 1,~~585~~425.5163 5.770% 620902263 150 RT Lake Jackson TX 4,~~751~~902.9186 1,~~515~~364.0005 5.710% 600874262 151 SS Camas WA 5,~~330~~503.8541 ~~930~~758.7620 6.410% 600874263 152 RT Lorain OH 45,~~941~~099.9151 1,~~324~~167.9535 6.250% 600874264 153 RT Chicago IL 4,~~180~~309.0305 2,~~242~~113.1917 5.340% 600874265 154 RT Maywood IL 34,~~948~~070.1829 21,~~043~~921.8776 5.390% 410902336 155 RT Phoenix AZ 4,~~444~~588.1404 ~~763~~619.8797 6.430% 600874266 156 RT Chicago IL 2,~~798~~884.3186 1,~~448~~362.6106 5.390% Totals 45,~~996~~142,~~439~~670.6155 ~~788~~715,~~174~~242.1248

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 700201895 N/A 05/07/2015 N 85,000,000.00 85,000,000.00 0506/07/2005 700201897 N/A 03/07/2015 N 75,000,000.00 75,000,000.00 0406/09/2005 850500081 N/A 10/01/2009 N 71,500,000.00 71,500,000.00 0506/01/2005 850201696 N/A 11/01/2014 N 25,136,055.00 25,136,055.00 0506/01/2005 510902278 N/A 11/01/2014 N 25,136,055.00 25,136,055.00 0506/01/2005 850201697 N/A 11/01/2014 N 6,521,445.00 6,521,445.00 0506/01/2005 510902279 N/A 11/01/2014 N 6,521,445.00 6,521,445.00 0506/01/2005 600874207 02/01/2015 02/01/2035 N 36,750,000.00 36,750,000.00 0506/01/2005 700201896 N/A 05/07/2015 N 31,000,000.00 31,000,000.00 0506/07/2005 850201732 N/A 02/01/2015 N 30,~~904~~858,~~435~~883.5502 30,~~858~~818,~~883~~204.0292 0506/01/2005 700400290 N/A 02/01/2014 N 29,000,000.00 29,000,000.00 0506/01/2005 310902257 01/01/2015 01/01/2035 N 20,000,000.00 20,000,000.00 0506/01/2005 700201219 N/A 02/01/2010 N 18,750,000.00 18,750,000.00 0506/01/2005 700400258 N/A 01/08/2012 N 17,175,000.00 17,175,000.00 0405/08/2005 310902399 N/A 03/01/2020 N 16,~~965~~928,~~846~~708.0038 16,~~928~~894,~~708~~188.3895 0506/01/2005 600874208 N/A 02/01/2015 N 15,~~960~~942,~~857~~333.4258 15,~~942~~926,~~333~~053.5862 0506/01/2005 700400315 N/A 03/01/2015 N 15,000,000.00 15,000,000.00 0506/01/2005 850500090 N/A 11/01/2009 N 13,100,000.00 13,100,000.00 0405/01/2005 600874209 03/01/2017 03/01/2025 N 12,~~074~~047,~~607~~195.0653 12,~~047~~021,~~195~~545.5368 0506/01/2005 850201723 N/A 01/01/2015 N 12,000,000.00 12,000,000.00 0506/01/2005 600874210 N/A 02/01/2015 N 11,~~959~~940,~~927~~657.5597 11,~~940~~923,~~657~~080.9715 0506/01/2005 600874211 N/A 04/01/2015 N 11,~~500~~475,~~000~~761.0023 11,~~475~~452,~~761~~991.2344 0506/01/2005 850201729 N/A 01/01/2015 N 10,~~466~~454,~~299~~959.0881 10,~~454~~445,~~959~~206.8187 0506/01/2005 700400280 N/A 02/09/2015 N 9,100,000.00 9,100,000.00 0405/11/2005 600874212 N/A 03/01/2015 N 9,000,000.00 9,000,000.00 0506/01/2005 600874213 N/A 03/01/2015 N 8,~~986~~971,~~236~~156.9408 8,~~971~~957,~~156~~267.0884 0506/01/2005 600874214 N/A 02/01/2015 N 8,~~978~~968,~~268~~001.1540 8,~~968~~959,~~001~~016.4082 0506/01/2005 310902222 N/A 02/01/2015 N 8,~~552~~538,~~000~~568.0600 8,~~538~~526,~~568~~385.0066 0506/01/2005 600874215 N/A 01/01/2015 N 8,~~172~~162,~~129~~756.1928 8,~~162~~154,~~756~~552.2847 0506/01/2005 600874216 N/A 03/04/2015 N 7,~~992~~983,~~428~~604.3331 7,~~983~~975,~~604~~955.3127 0506/04/2005 850201714 N/A 01/01/2015 N 7,~~972~~962,~~174~~819.9940 7,~~962~~954,~~819~~576.4087 0506/01/2005 850500121 N/A 01/01/2015 N 7,~~962~~949,~~401~~754.5603 7,~~949~~938,~~754~~261.0339 0406/01/2005 700400125 N/A 07/01/2014 N 7,~~903~~891,~~472~~846.9388 7,~~891~~881,~~846~~528.8829 0406/01/2005 850201728 N/A 01/01/2015 N 7,650,000.00 7,650,000.00 0506/01/2005 600874217 N/A 03/01/2015 N 7,~~492~~484,~~971~~761.6701 7,~~484~~477,~~761~~660.0124 0506/01/2005 850500125 N/A 01/01/2013 N 7,~~473~~464,~~754~~929.0181 7,~~464~~457,~~929~~142.8124 0406/01/2005 850500117 N/A 01/01/2015 N 7,~~323~~315,~~929~~164.1994 7,~~315~~307,~~164~~401.9472 0406/01/2005 850500107 N/A 12/01/2009 N 7,235,000.00 7,235,000.00 0506/01/2005 700400226 N/A 12/01/2014 N 7,~~093~~066,~~679~~557.1932 7,~~066~~040,~~557~~324.3276 0406/01/2005 600874218 N/A 01/01/2015 N 7,~~076~~068,~~622~~758.2819 7,~~068~~061,~~758~~939.1990 0506/01/2005 850500132 03/02/2012 03/01/2035 N 6,740,000.00 6,740,000.00 0506/01/2005 600874219 N/A 01/01/2015 N 6,~~527~~520,~~778~~305.7768 6,~~520~~513,~~305~~768.6827 0506/01/2005 600874220 N/A 04/01/2015 N 6,~~500~~490,~~000~~164.0026 6,~~490~~481,~~164~~307.2669 0506/01/2005 310902223 N/A 02/01/2015 N 6,~~399~~388,~~048~~998.9841 6,~~388~~379,~~998~~882.4195 0506/01/2005 600874221 N/A 01/03/2015 N 6,~~278~~271,~~666~~492.7011 6,~~271~~265,~~492~~219.1123 0506/03/2005 310902313 N/A 04/01/2015 N 6,~~200~~193,~~000~~684.0084 6,~~193~~188,~~684~~350.8437 0506/01/2005 600874222 01/02/2015 01/02/2035 N 6,~~180~~173,~~190~~524.1450 6,~~173~~167,~~524~~799.5069 0506/02/2005 700400206 N/A 11/01/2014 N 5,~~965~~958,~~841~~746.0336 5,~~958~~952,~~746~~481.3665 0405/01/2005 310902344 N/A 04/01/2014 N 5,800,000.00 5,800,000.00 0506/01/2005 600874223 N/A 02/01/2015 N 5,~~781~~772,~~603~~805.4063 5,~~772~~764,~~805~~886.5918 0506/01/2005 850500134 N/A 03/01/2015 N 5,~~744~~737,~~218~~575.0318 5,~~737~~731,~~575~~737.1823 0406/01/2005 600874224 N/A 01/03/2016 N 5,~~674~~665,~~079~~357.9267 5,~~665~~657,~~357~~492.6751 0506/03/2005 850500108 N/A 12/01/2009 N 5,417,500.00 5,417,500.00 0506/01/2005 600874225 N/A 03/01/2015 N 5,400,000.00 5,400,000.00 0506/01/2005 600874226 N/A 04/01/2020 N 5,~~300~~294,~~000~~662.0098 5,~~294~~290,~~662~~173.9816 0506/01/2005 700400252 N/A 01/01/2015 N 5,~~282~~276,~~285~~327.8674 5,~~276~~271,~~327~~138.7451 0406/01/2005 600874227 N/A 03/01/2014 N 5,~~272~~266,~~973~~863.1239 5,~~266~~261,~~863~~544.3944 0506/01/2005 700400279 N/A 02/01/2015 N 5,250,000.00 5,250,000.00 0406/01/2005 600874228 N/A 01/01/2019 N 5,~~093~~085,~~612~~859.00 5,~~085~~078,~~859~~951.0028 0506/01/2005 600874229 N/A 01/05/2015 N 5,~~083~~077,~~081~~390.3238 5,~~077~~072,~~390~~444.3898 0506/05/2005 610901418 N/A 01/01/2025 N 5,~~067~~056,~~726~~855.0158 5,~~056~~045,~~855~~928.5844 0506/01/2005 700400188 N/A 11/01/2014 N 5,000,000.00 5,000,000.00 0506/01/2005 310902441 N/A 04/01/2015 N 5,000,000.00 5,000,000.00 0506/01/2005 600874230 N/A 03/01/2016 N 4,~~995~~989,~~360~~928.9314 4,~~989~~985,~~928~~240.1485 0506/01/2005 600874231 N/A 01/05/2025 N 4,~~964~~953,~~842~~018.4958 4,~~953~~941,~~018~~879.5830 0506/05/2005 850500074 09/01/2009 09/01/2029 N 4,950,000.00 4,950,000.00 0506/01/2005 937241407 N/A 10/01/2014 N 4,812,000.00 4,812,000.00 0506/01/2005 700400272 N/A 02/01/2015 N 4,750,000.00 4,750,000.00 0406/01/2005 610901698 N/A 04/01/2015 N 4,~~700~~693,~~000~~474.0071 4,~~693~~687,~~474~~730.7127 0506/01/2005 600874232 N/A 02/01/2015 N 4,500,000.00 4,500,000.00 0506/01/2005 600874233 N/A 04/01/2015 N 4,~~500~~494,~~000~~981.0011 4,~~494~~490,~~981~~613.1188 0506/01/2005 310902442 N/A 04/01/2015 N 4,500,000.00 4,500,000.00 0506/01/2005 600874234 03/01/2015 03/01/2030 N 4,~~493~~486,~~796~~864.6841 4,~~486~~480,~~864~~597.4175 0506/01/2005 600874235 N/A 03/01/2015 N 4,~~493~~486,~~784~~842.9316 4,~~486~~480,~~842~~563.1675 0506/01/2005 600874236 N/A 02/01/2015 N 4,~~481~~472,~~667~~785.9067 4,~~472~~464,~~785~~546.6707 0506/01/2005 600874237 N/A 01/03/2026 N 4,~~239~~231,~~315~~536.3146 4,~~231~~223,~~536~~713.4685 0506/03/2005 937241409 N/A 10/01/2014 N 4,161,000.00 4,161,000.00 0506/01/2005 600874238 N/A 01/01/2015 N 4,~~120~~110,~~137~~098.8211 4,~~110~~100,~~098~~604.1135 0506/01/2005 600874239 N/A 03/01/2015 N 4,~~094~~087,~~153~~663.5338 4,~~087~~081,~~663~~759.3833 0506/01/2005 600874201 N/A 02/01/2015 N 4,~~052~~047,~~561~~858.4412 4,~~047~~043,~~858~~724.1253 05/01/2005 700400283 N/A 02/01/2015 N 4,~~048~~044,~~909~~257.4496 4,~~044~~040,~~257~~181.9689 0406/01/2005 600874240 N/A 03/05/2012 N 4,000,000.00 4,000,000.00 0506/05/2005 700400302 N/A 03/01/2025 N 3,~~991~~982,~~826~~963.3195 3,~~982~~974,~~963~~704.9558 0406/01/2005 600874241 N/A 02/01/2015 N 3,~~980~~970,~~167~~474.8179 3,~~970~~961,~~474~~304.7908 0506/01/2005 600874242 N/A 02/01/2015 N 3,~~851~~847,~~493~~527.7377 3,~~847~~844,~~527~~171.7784 0506/01/2005 410902407 N/A 04/01/2015 N 3,~~725~~717,~~000~~070.0079 3,~~717~~709,~~070~~734.7998 0506/01/2005 410902320 N/A 04/01/2015 N 3,~~525~~519,~~000~~467.0093 3,~~519~~514,~~467~~443.9354 0506/01/2005 600874203 N/A 12/01/2014 N 3,500,000.00 3,500,000.00 0406/01/2005 600874204 01/01/2015 01/01/2035 N 3,~~488~~484,~~260~~311.3992 3,~~484~~480,~~311~~869.9235 0406/01/2005 700400200 N/A 11/01/2011 N 3,~~480~~475,~~112~~981.6058 3,~~475~~472,~~981~~335.5868 0506/01/2005 700400233 N/A 01/01/2015 N 3,~~429~~425,~~132~~475.3726 3,~~425~~422,~~475~~345.2691 0406/01/2005 600874243 N/A 08/03/2014 N 3,~~412~~407,~~814~~831.5706 3,~~407~~403,~~831~~413.0623 0506/03/2005 600874244 N/A 02/01/2015 N 3,~~388~~383,~~630~~162.7690 3,~~383~~378,~~162~~173.9043 0506/01/2005 937241408 N/A 10/01/2014 N 3,387,000.00 3,387,000.00 0506/01/2005 600874245 N/A 03/01/2025 N 3,~~193~~186,~~312~~088.5861 3,~~186~~179,~~088~~333.6114 0506/01/2005 700400244 N/A 01/01/2015 N 3,~~184~~179,~~682~~530.0435 3,~~179~~174,~~530~~829.3589 0406/01/2005 600874202 N/A 09/01/2014 N 3,~~178~~175,~~404~~105.6110 3,~~175~~172,~~105~~317.1042 0506/01/2005 850500128 02/02/2020 02/01/2035 N 3,000,000.00 3,000,000.00 0406/01/2005 600874246 N/A 03/01/2015 N 2,~~995~~990,~~585~~713.0732 2,~~990~~986,~~713~~256.3241 0506/01/2005 600874247 N/A 02/01/2025 N 2,~~986~~979,~~063~~285.2667 2,~~979~~972,~~285~~949.6715 0506/01/2005 410902303 N/A 03/01/2015 N 2,~~967~~964,~~333~~184.1012 2,~~964~~961,~~184~~488.1272 0406/01/2005 410902192 N/A 03/01/2015 N 2,~~875~~871,~~823~~202.8779 2,~~871~~866,~~202~~986.7928 0506/01/2005 600874248 N/A 04/01/2019 N 2,~~868~~856,~~433~~963.4969 2,~~856~~845,~~963~~868.6973 0506/01/2005 600874249 N/A 03/01/2015 N 2,~~865~~860,~~634~~847.9527 2,~~860~~856,~~847~~442.2726 0506/01/2005 700400321 N/A 04/01/2010 N 2,~~850~~846,~~000~~644.0066 2,~~846~~843,~~644~~679.6610 0406/01/2005 700400320 N/A 04/01/2010 N 2,~~825~~821,~~000~~674.0009 2,~~821~~818,~~674~~734.0954 0406/01/2005 410902305 N/A 04/01/2015 N 2,~~810~~807,~~000~~066.0018 2,~~807~~804,~~066~~566.1866 0506/01/2005 850500102 12/01/2009 12/01/2034 N 2,575,000.00 2,575,000.00 0506/01/2005 410902362 N/A 03/01/2015 N 2,~~497~~494,~~586~~787.7360 2,~~494~~492,~~787~~350.6009 0506/01/2005 410902265 N/A 02/01/2015 N 2,~~493~~491,~~953~~096.5136 2,~~491~~488,~~096~~594.3667 0506/01/2005 600874250 N/A 02/01/2025 N 2,~~488~~482,~~323~~642.7497 2,~~482~~477,~~642~~326.9737 0506/01/2005 850500124 N/A 01/01/2015 N 2,~~488~~484,~~317~~387.6362 2,~~484~~480,~~387~~821.6213 0406/01/2005 850500115 N/A 01/01/2012 N 2,~~441~~438,~~082~~085.6757 2,~~438~~435,~~085~~076.5706 0406/01/2005 600874251 N/A 02/01/2015 N 2,~~409~~407,~~590~~062.5713 2,~~407~~404,~~062~~908.1363 0506/01/2005 410902405 N/A 04/01/2015 N 2,~~400~~396,~~000~~141.0036 2,~~396~~392,~~141~~617.3681 0506/01/2005 600874252 N/A 10/01/2012 N 2,~~310~~307,~~000~~442.0090 2,~~307~~305,~~442~~222.9089 0506/01/2005 410902416 N/A 04/01/2015 N 2,~~300~~297,~~000~~425.0016 2,~~297~~295,~~425~~182.1611 0506/01/2005 700400267 N/A 02/01/2010 N 2,~~294~~292,~~746~~283.2743 2,~~292~~290,~~283~~169.4398 0405/01/2005 620902388 N/A 04/01/2015 N 2,~~200~~195,~~000~~124.0063 2,~~195~~190,~~124~~579.6336 0506/01/2005 600874253 N/A 03/01/2015 N 2,~~197~~193,~~136~~898.7791 2,~~193~~191,~~898~~004.9169 0506/01/2005 700400256 N/A 01/01/2015 N 2,~~192~~190,~~701~~246.7584 2,~~190~~188,~~246~~113.8453 0406/01/2005 700400198 N/A 11/01/2014 N 2,~~182~~179,~~835~~290.9305 2,~~179~~176,~~290~~056.0526 0506/01/2005 700400148 N/A 09/01/2014 N 2,~~134~~132,~~539~~191.0112 2,~~132~~130,~~191~~168.1253 0506/08/2005 850500101 12/01/2009 12/01/2034 N 2,125,000.00 2,125,000.00 0506/01/2005 600874254 N/A 04/01/2015 N 2,~~100~~097,~~000~~705.0075 2,~~097~~095,~~705~~722.7503 0506/01/2005 620902339 N/A 04/01/2010 N 2,~~100~~097,~~000~~151.0059 2,~~097~~094,~~151~~660.5982 0506/01/2005 600874255 N/A 01/01/2015 N 2,~~059~~046,~~814~~301.4874 2,~~046~~033,~~301~~028.7476 0506/01/2005 410902306 N/A 04/01/2015 N 21,~~000~~996,~~000~~906.0012 1,~~996~~994,~~906~~105.1252 0506/01/2005 410902319 N/A 04/01/2015 N 1,~~988~~984,~~000~~880.0006 1,~~984~~982,~~880~~046.0644 0506/01/2005 600874256 N/A 01/01/2015 N 1,~~986~~981,~~481~~933.9409 1,~~981~~977,~~933~~676.0944 0506/01/2005 700400074 N/A 06/01/2014 N 1,~~983~~981,~~071~~181.2460 1,~~981~~979,~~181~~641.60 04 06/01/2005 410902403 N/A 04/01/2015 N 1,~~900~~897,~~000~~207.0027 1,~~897~~894,~~207~~710.2773 0506/01/2005 600874205 N/A 02/01/2015 N 1,830,000.00 1,830,000.00 0406/01/2005 850500094 11/01/2011 11/01/2034 N 1,737,000.00 1,737,000.00 0506/01/2005 600874257 N/A 01/01/2020 N 1,~~706~~700,~~643~~466.6174 1,~~700~~694,~~466~~529.7434 0506/01/2005 600874206 N/A 02/01/2015 N 1,700,000.00 1,700,000.00 0406/01/2005 410902186 N/A 03/01/2015 N 1,700,000.00 1,700,000.00 05/01/2005 600874258 N/A 01/01/2020 N 1,~~681~~675,~~924~~842.8145 1,~~675~~669,~~842~~996.4554 0506/01/2005 410902451 N/A 04/01/2015 N 1,~~600~~598,~~000~~248.0071 1,~~598~~596,~~248~~733.7157 0506/01/2005 410902342 N/A 04/01/2015 N 1,~~550~~548,~~000~~375.0055 1,~~548~~546,~~375~~989.5579 0607/01/2005 410902200 N/A 02/01/2015 N 1,~~546~~544,~~567~~965.5294 1,~~544~~543,~~965~~608.9403 0506/01/2005 620902449 N/A 03/01/2015 N 1,~~498~~497,~~625~~011.6002 1,~~497~~495,~~011~~622.0218 0506/01/2005 850201713 N/A 01/01/2012 N 1,~~494~~493,~~783~~029.7994 1,~~493~~491,~~029~~484.9483 0506/01/2005 410902371 N/A 04/01/2016 N 1,~~310~~308,~~000~~698.0038 1,~~308~~307,~~698~~608.3872 0506/01/2005 410902418 N/A 03/01/2015 N 1,~~263~~262,~~881~~555.3121 1,~~262~~261,~~555~~424.2141 0506/01/2005 410902385 N/A 04/01/2015 N 1,~~200~~198,~~000~~125.0028 1,~~198~~196,~~125~~424.2838 0506/01/2005 850500109 N/A 12/01/2016 N 1,~~195~~193,~~195~~931.8054 1,~~193~~192,~~931~~853.5452 0406/01/2005 410902209 N/A 02/01/2015 N 1,~~176~~174,~~117~~253.7780 1,~~174~~172,~~253~~559.8075 0506/01/2005 600874260 N/A 04/01/2015 N 1,~~151~~148,~~000~~339.0024 1,~~148~~145,~~339~~839.2494 0506/01/2005 410902398 N/A 03/01/2015 N 1,~~098~~097,~~953~~735.7387 1,~~097~~096,~~735~~678.8796 0506/01/2005 620902314 N/A 03/01/2015 N 1,~~098~~096,~~497~~816.9620 1,~~096~~095,~~816~~298.2067 0506/01/2005 600874261 N/A 02/01/2015 N 1,~~046~~045,~~683~~097.1261 1,~~045~~043,~~097~~671.6198 0506/01/2005 620902263 N/A 03/01/2015 N ~~998~~997,~~650~~135.03 ~~997~~995,~~135~~770.0398 0506/01/2005 600874262 N/A 02/01/2015 N 997,~~975~~044.0226 ~~997~~996,~~044~~286.2606 0506/01/2005 600874263 N/A 03/01/2015 N ~~948,845.99~~ 947,521.04 05946,353.69 06/01/2005 600874264 N/A 01/01/2015 N ~~939,332.80~~ 937,090.61 05934,977.44 06/01/2005 600874265 N/A 04/01/2015 N ~~879,000.00~~ 876,956.13 05875,034.37 06/01/2005 410902336 N/A 03/01/2015 N ~~829~~828,~~387~~623.6578 828,~~623~~003.7881 0506/01/2005 600874266 N/A 04/01/2015 N ~~623,000.00~~ 621,551.39 05620,189.33 06/01/2005 Totals 1,~~121~~120,~~613~~824,~~137~~963.1608 1,120,~~824~~109,~~963~~720.0460

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 06/13/2005 0 $0.00 0 $0.00 0 $0.00 05/13/2005 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 06/13/2005 0 $0.00 0 $0.00 0 $0.00 05/13/2005 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 06/13/2005 0 $0.00 0 $0.00 5.345344% 5.305534% 112 05/13/2005 0 $0.00 0 $0.00 5.345479% 5.305670% 113 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 ~~700400258 11 0 04/08/2005 69,272.49 69,272.49 A~~ 850500090 15 0 0405/01/2005 ~~51,188.25 51,188.25 B 850500121 29 0 04/01/2005 48,889.73 48,889.73 B 700400125 30 0 04/01/2005~~ 52,~~526~~894.5352 52,~~526~~894.5352 B ~~850500125 33 0 04/01/2005 40,917.75 40,917.75 B 850500117 34 0 04/01/2005 39,768.88 39,768.88 B 700400226 36 0 04/01/2005 57,210.89 57,210.89 B~~ 700400206 45 0 0405/01/2005 32,~~797~~792.5072 32,~~797~~792.5072 A ~~850500134~~600874201 4877 0 0405/01/2005 ~~31,544.04 31,544.04 B 700400252 53 0 04/01/2005 29,728.40 29,728.40 B 700400279 55 0 04/01/2005~~ 22,~~968~~154.7543 22,~~968.75 B 700400272 65 0 04/01/2005 20,860.42 20,860.42 B 700400283 78 0 04/01/2005 22,449.81 22,449.81 B 700400302 80 0 04/01/2005 28,189.46 28,189.46 B 600874203 85 0 04/01/2005 14,~~154.5843 ~~14,154.58~~ B 600874204 86 0 04/01/2005 19,445.07 19,445.07 B 700400233 88 0 04/01/2005 19,945.50 19,945.50 A 700400244 93 0 04/01/2005 19,323.53 19,323.53 B 850500128 95 0 04/01/2005 14,300.00 14,300.00 B 410902303 98 0 04/01/2005 17,021.26 17,021.26 B 700400321 102 0 04/01/2005 15,420.34 15,420.34 B 700400320 103 0 04/01/2005 15,285.07 15,285.07 B 850500124 109 0 04/01/2005 15,334.80 15,334.80 B 850500115 110 0 04/01/2005 13,046.22 13,046.22 B 700400267 115 0 0405/01/2005 13,~~248~~246.1530 13,~~248~~246.1530 B ~~700400256~~410902186 ~~118~~134 0 0405/01/2005 128,~~395~~563.1675 128,~~395~~563.1675 B ~~700400074 128 0 04/01/2005 12,631.27 12,631.27 A 600874205 130 0 04/01/2005 7,663.13 7,663.13 B 600874206 133 0 04/01/2005 7,331.25 7,331.25 B 850500109 144 0 04/01/2005 7,011.16 7,011.16 B~~ Totals 305 ~~771~~129,~~869~~651.3972 ~~771~~129,~~869~~651.3972

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~700400258 17,175,000.00 0.00~~ 850500090 13,100,000.00 0.00 ~~850500121 7,962,401.56 0.00 700400125 7,903,472.93 0.00 850500125 7,473,754.01 0.00 850500117 7,323,929.19 0.00 700400226 7,093,679.20 0.00~~ 700400206 5,~~965~~958,~~841~~746.0336 0.00 ~~850500134~~600874201 ~~5,744,218.03 0.00 700400252 5,282,285.87 0.00 700400279 5,250,000.00 0.00 700400272~~ 4,~~750~~047,~~000~~858.0012 0.00 700400283 4,048,909.44 0.00 700400302 3,991,826.31 0.00 600874203 3,500,000.00 0.00 600874204 3,488,260.39 0.00 700400233 3,429,132.37 0.00 700400244 3,184,682.04 0.00 850500128 3,000,000.00 0.00 410902303 2,967,333.10 0.00 700400321 2,850,000.00 0.00 700400320 2,825,000.00 0.00 850500124 2,488,317.63 0.00 850500115 2,441,082.66 0.00 700400267 2,~~294~~292,~~746~~283.2743 0.00 ~~700400256~~410902186 ~~2,192,701.75 0.00 700400074~~ 1,~~983,071.23 0.00 600874205 1,830,000.00 0.00 600874206 1,~~700,000.00 0.00 ~~850500109 1,195,195.80 0.00~~ Totals ~~144~~27,~~434~~098,~~840~~887.8191 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = A (41 ~~loans~~loan) ~~134~~32,~~646~~792.7672 ~~134~~32,~~646~~792.7672 285,~~553~~958,~~044~~746.6336 0.00 Total for Status Code = B (264 loans) ~~637~~96,~~222~~859.6300 ~~637~~96,~~222~~859.6300 ~~115~~21,~~881~~140,~~796~~141.1855 0.00 (1) Status of Mortgage Loan A - Payment Not Received But Still In Grace Period B - Late Payment But Less Than 1 Month Delinquent 0 - Current 1 - One Month Delinquent 2 - Two Months Delinquent 3 - Three or More Months Delinquent 4 - Assumed Scheduled Payment (Performing Matured Balloon) 7 - Foreclosure 9 - REO (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD ** Outstanding P & I Advances include the current period advance.

Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans Bond/Collateral Realized Loss Reconciliation No Realized Losses this Period

Filing Compare · Bear Stearns Commercial Mortgage Securities Trust 2005-TOP18