8-K 1 lubs02c2_200208.htm MONTHLY DISTRIBUTION STATEMENTS 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: April 2, 2002
(Date of earliest event reported)

Structured Asset Securities Corporation
(Exact Name of Registrant as Specified in its Charter)

Delaware (State or other jurisdiction of organization)
333-73338 (Commission File No.)
74-2440858 (I.R.S. Employer Identification No.)

745 Seventh Avenue, New York, New York 10019
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code
212 526-7000

101 Hudson Street, Jersey City, New Jersey 07302
(Former name or former address, if changed since
last report.)

ITEM 5. OTHER EVENTS

This current report on Form 8-K relates to the monthly
distribution reported to holders of LB-UBS Commercial
Mortgage Trust 2002-C2,Commercial Mortgage Pass-Through
Certificates, Series 2002-C2 which was made on
August 16, 2002

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.01 of the Pooling and Servicing Agreement
for the distribution on August 16, 2002.

Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on behalf of the Registrant by the undersigned
there unto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN
ITS CAPACITY AS TRUSTEE UNDER THE POOLING
AND SERVICING AGREEMENT ON BEHALF OF
STRUCTURED ASSET SECURITIES CORPORATION

By:

/s/ Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President

August 16, 2002

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

KATHRYN HAWKINSON (312) 904-6561

RACHEL GAXIOLA (714)238-6726

KATHRYN.HAWKINSON@ABNAMRO.COM

RACHEL.GAXIOLA@ABNAMRO.COM

PAGE(S)

ISSUE ID:

LUBS02C2

CLOSING DATE:

7/9/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-4

CASH RECONCILIATION SUMMARY

PAGE 5

FIRST PAYMENT DATE:

7/17/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

7/17/2035

LUBS02C2_200208_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 7

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 8

DELINQUENT LOAN DETAIL

PAGE 9

HISTORICAL COLLATERAL PREPAYMENT

PAGE 10

LOAN LEVEL DETAIL

PAGE 11-15

MORTGAGE LOAN CHARACTERISTICS

PAGE 16-18

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL

PAGE 19

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS

PAGE 20

MODIFIED LOAN DETAIL

PAGE 21

REALIZED LOSS DETAIL

PAGE 22

APPRAISAL REDUCTION DETAIL

PAGE 23

RATING INFORMATION

PAGE 24-25

PARTIES TO THE TRANSACTION

DEPOSITOR: STRUCTURED ASSET SECURITIES CORPORATION

UNDERWRITER: DEUTSCHE BANK SECURITIES INC./LEHMAN BROTHERS INC./UBS WARBURG

MASTER SERVICER: WACHOVIA BANK, NATIONAL ASSOCIATION

SPECIAL SERVICER: LEND LEASE ASSET MANAGEMENT, L.P.

RATING AGENCY: STANDARD & POOR'S RATING SERVICES/MOODY'S INVESTORS SERVICE, INC.

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

SERVICER WEB SITE

WWW.WACHOVIA.COM

LASALLE FACTOR LINE

(800) 246-5761

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 1 OF 25





	ABN AMRO

	LASALLE BANK		N.A.
*LB-UBS COMMERCIAL MORTGAGE TRUST*

										*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																											STATEMENT DATE:							08/16/2002

										*SERIES 2002-C2*																											PAYMENT DATE:					08/16/2002

WAC:						7.372226%																															PRIOR PAYMENT:						07/17/2002
																																		NEXT PAYMENT:						09/17/2002
WAMM:						197
																																		RECORD DATE:							07/31/2002
										*REMIC III*
										*ABN AMRO ACCT: 67-9030-80-9*


									ORIGINAL							OPENING		PRINCIPAL			PRINCIPAL			NEGATIVE				CLOSING					INTEREST				INTEREST			PASS-THROUGH
				CLASS				FACE VALUE (1)								BALANCE		PAYMENT			ADJ. OR LOSS			AMORTIZATION				BALANCE					PAYMENT (2)				ADJUSTMENT			RATE

			CUSIP												PER $ 1000				PER $ 1000			PER $ 1000			PER $ 1000				PER $ 1000						PER $ 1000		PER $ 1000	NEXT RATE(3)
	A-1						64,000,000.00					62,961,819.10					824,355.82			0.00			0.00				62,137,463.28				201,163.01					0.00			3.83400000%
	52108HJQ8													983.778423438			12.880559687			0.000000000			0.000000000				970.897863750					3.143172031				0.000000000					FIXED

	A-2						240,000,000.00					240,000,000.00					0.00			0.00			0.00				240,000,000.00				980,800.00					0.00			4.90400000%
	52108HJR6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.086666667				0.000000000					FIXED

	A-3						144,100,000.00					144,100,000.00					0.00			0.00			0.00				144,100,000.00				646,768.83					0.00			5.38600000%
	52108HJS4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.488333310				0.000000000					FIXED

	A-4						533,879,000.00					533,879,000.00					0.00			0.00			0.00				533,879,000.00				2,488,765.94					0.00			5.59400000%
	52108HJT2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.661666670				0.000000000					FIXED

	B						16,644,000.00					16,644,000.00					0.00			0.00			0.00				16,644,000.00				78,587.42					0.00			5.66600000%
	52108HJU9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.721666667				0.000000000					FIXED

	C						27,235,000.00					27,235,000.00					0.00			0.00			0.00				27,235,000.00				129,275.47					0.00			5.69600000%
	52108HJV7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.746666789				0.000000000					FIXED

	D						18,157,000.00					18,157,000.00					0.00			0.00			0.00				18,157,000.00				86,775.33					0.00			5.73500000%
	52108HJW5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.779166713				0.000000000					5.735000000%

	E						18,157,000.00					18,157,000.00					0.00			0.00			0.00				18,157,000.00				87,365.43					0.00			5.77400000%
	52108HJX3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.811666575				0.000000000					5.774000000%

	F						24,209,000.00					24,209,000.00					0.00			0.00			0.00				24,209,000.00				116,889.12					0.00			5.79400000%
	52108HJY1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.828333264				0.000000000					5.794000000%

	G						12,104,000.00					12,104,000.00					0.00			0.00			0.00				12,104,000.00				59,238.99					0.00			5.87300000%
	52108HJZ8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.894166391				0.000000000					5.873000000%

	X-CL						1,210,452,837.00				N	1,209,414,656.10					0.00			0.00			0.00				1,208,590,300.28				519,414.90					0.00			0.51537153%
	52108HKY9/U51394BL4/52108HKZ6													999.142320239			0.000000000			0.000000000			0.000000000				998.461289310					0.429107921				0.000000000					0.699374131%

	X-CP						944,937,302.00				N	944,937,302.00					0.00			0.00			0.00				944,937,302.00				1,265,596.68					0.00			1.60721353%
	52108HLA0/U51394BM2/52108HLB8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					1.339344608				0.000000000					1.369503530%

	X-D						175,000,000.00				N	174,823,891.15					0.00			0.00			0.00				174,530,143.20				155,884.64					0.00			1.07000000%
	52108HLC6/U51394BN0/52108HLD4													998.993663714			0.000000000			0.000000000			0.000000000				997.315104000					0.890769371				0.000000000					FIXED

	H						15,131,000.00					15,131,000.00					0.00			0.00			0.00				15,131,000.00				77,382.46					0.00			6.13700000%
	52108HKA1/U51394BP5/52108HKB9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.114166942				0.000000000					6.137000000%

	J						18,157,000.00					18,157,000.00					0.00			0.00			0.00				18,157,000.00				94,340.75					0.00			6.23500000%
	52108HKC7/U51394BQ3/52108HKD5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.195833563				0.000000000					6.235000000%

	K						15,131,000.00					15,131,000.00					0.00			0.00			0.00				15,131,000.00				82,325.25					0.00			6.52900000%
	52108HKE3/U51394BR1/52108HKF0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.440833388				0.000000000					6.529000000%

	L						15,130,000.00					15,130,000.00					0.00			0.00			0.00				15,130,000.00				71,653.16					0.00			5.68300000%
	52108HKG8/U51394BS9/52108HKH6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735833443				0.000000000					FIXED

	M						12,105,000.00					12,105,000.00					0.00			0.00			0.00				12,105,000.00				57,327.26					0.00			5.68300000%
	52108HKJ2/U51394BT7/52108HKK9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735833127				0.000000000					FIXED

	N						6,052,000.00					6,052,000.00					0.00			0.00			0.00				6,052,000.00				28,661.26					0.00			5.68300000%
	52108HKL7/U51394BU4/52108HKM5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735832783				0.000000000					FIXED

	P						4,539,000.00					4,539,000.00					0.00			0.00			0.00				4,539,000.00				21,495.95					0.00			5.68300000%
	52108HKN3/52108HKP8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735833884				0.000000000					FIXED

	Q						7,566,000.00					7,566,000.00					0.00			0.00			0.00				7,566,000.00				35,831.32					0.00			5.68300000%
	52108HKQ6/52108HKR4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735833994				0.000000000					FIXED

	S						3,026,000.00					3,026,000.00					0.00			0.00			0.00				3,026,000.00				14,330.63					0.00			5.68300000%
	52108HKS2/52108HKT0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735832783				0.000000000					FIXED

	T						3,026,000.00					3,026,000.00					0.00			0.00			0.00				3,026,000.00				14,330.63					0.00			5.68300000%
	52108HKU7/52108HKV5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735832783				0.000000000					FIXED

	U						12,104,837.00					12,104,837.00					0.00			0.00			0.00				12,104,837.00				57,326.49					0.00			5.68300000%
	52108HKW3/52108HKX1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.735833287				0.000000000					FIXED

	R-III						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSH994													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	R-I						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSH992													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000

	R-II						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00			N/A
	9ABSH993													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			1,210,452,837.00								1,209,414,656.10				824,355.82			0.00			0.00				1,208,590,300.28				7,371,530.92					0.00

																										TOTAL P&I PAYMENT				8,195,886.74


	V			0.00	0.00			0.00	0.00	0.00		0.00		0.00		0.00		N/A
	9ABSH991						0.000000000	0.000000000	0.000000000	0.000000000		0.000000000			0.000000000	0.000000000



		TOTAL	0.00			0.00		0.00	0.00	0.00		0.00		0.00		0.00

											TOTAL P&I PAYMENT		0.00


NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.																	PAGE 2 OF 25





		ABN AMRO

		LASALLE BANK	N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST*
		*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																												STATEMENT DATE:					08/16/2002
					*SERIES 2002-C2*																																PAYMENT DATE:		08/16/2002
																												PRIOR PAYMENT:				07/17/2002
																												NEXT PAYMENT:					09/17/2002
																												RECORD DATE:						07/31/2002
					*ABN AMRO ACCT: 67-9030-80-9*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY										SERVICING FEE SUMMARY																								PRINCIPAL SUMMARY
				CURRENT SCHEDULED INTEREST				6,015,272.19						CURRENT SERVICING FEES									47,205.19															SCHEDULED:
				LESS DEFERRED INTEREST				0.00						PLUS FEES ADVANCED FOR PPIS									0.00															CURRENT SCHEDULED PRINCIPAL					646,225.17
				PLUS ADVANCE INTEREST				1,405,076.48						LESS REDUCTION FOR PPIS									0.00															ADVANCED SCHEDULED PRINCIPAL					178,130.65
				PLUS UNSCHEDULED INTEREST				0.00						PLUS DELINQUENT SERVICING FEES										9,716.58														SCHEDULED PRINCIPAL DISTRIBUTION					824,355.82
				PPIS REDUCING SCHEDULED INTEREST				0.00						TOTAL SERVICING FEES									56,921.78															UNSCHEDULED:
				LESS TOTAL FEES PAID TO SERVICER				(47,205.19)																														CURTAILMENTS					0.00
				PLUS FEES ADVANCED FOR PPIS				0.00																														PREPAYMENTS IN FULL					0.00
				LESS FEE STRIPS PAID BY SERVICER				0.00						PPIS SUMMARY																								LIQUIDATION PROCEEDS					0.00
				LESS MISC. FEES & EXPENSES				0.00						GROSS PPIS									0.00															REPURCHASE PROCEEDS					0.00
				LESS NON RECOVERABLE ADVANCES				0.00							REDUCED BY PPIE								0.00															OTHER PRINCIPAL PROCEEDS					0.00
				INTEREST DUE TRUST				7,373,143.47							REDUCED BY SHORTFALLS IN FEES								0.00															UNSCHEDULED PRINCIPAL DISTRIBUTION					0.00
				LESS TRUSTEE FEE				(1,612.55)							REDUCED BY OTHER AMOUNTS								0.00															REMITTANCE PRINCIPAL					824,355.82
				LESS FEE STRIPS PAID BY TRUST				0.00							NET PPIS								0.00
				LESS MISC. FEES PAID BY TRUST				0.00						PPIS REDUCING SERVICING FEE									0.00															SERVICER WIRE AMOUNT					8,197,499.29
				LESS INTEREST RESERVE WITHHOLDING						0.00				PPIS ALLOCATED TO CERTIFICATES									0.00
				PLUS INTEREST RESERVE DEPOSIT					0.00
				REMITTANCE INTEREST				7,371,530.92								POOL BALANCE SUMMARY
																								BALANCE/AMOUNT					COUNT
														BEGINNING POOL									1,209,414,656.96								112
														SCHEDULED PRINCIPAL DISTRIBUTION									824,355.82
														UNSCHEDULED PRINCIPAL DISTRIBUTION							0.00															0
														DEFERRED INTEREST							0.00
														LIQUIDATIONS							0.00																0
														REPURCHASES							0.00														0
														ENDING POOL							1,208,590,301.19									112
						ADVANCES
							PRIOR OUTSTANDING							CURRENT PERIOD								RECOVERED																ENDING OUTSTANDING
								PRINCIPAL				INTEREST					PRINCIPAL		INTEREST						PRINCIPAL		INTEREST													PRINCIPAL		INTEREST
			MADE BY: SERVICER		0.00						0.00		178,130.65					1,405,076.48		0.00						0.00												178,130.65			1,405,076.48

	08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.																																											PAGE 5 OF 25





	ABN AMRO

	LASALLE BANK	N.A.

					*LB-UBS COMMERCIAL MORTGAGE TRUST*

															*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																																			STATEMENT DATE:					08/16/2002
																																																		PAYMENT DATE:					08/16/2002
															*SERIES 2002-C2*
																																																		PRIOR PAYMENT:						07/17/2002
																																		NEXT PAYMENT:								09/17/2002
																																		RECORD DATE:									07/31/2002


															*ABN AMRO ACCT: 67-9030-80-9*
															*BOND INTEREST RECONCILIATION*


																							DEDUCTIONS																		ADDITIONS
																																		REMAINING
															ACCRUAL						PASS								ACCRUED
DEFERRED &

						PRIOR						PREPAY-				OTHER	DISTRIBUTABLE							INTEREST				CURRENT PERIOD			OUTSTANDING
																																		CREDIT SUPPORT
													THRU							CERTIFICATE							ALLOCABLE						ACCRETION				INTEREST	INT. SHORT-								MENT				INTEREST		CERTIFICATE					PAYMENT		(SHORTFALL)/			INTEREST
			CLASS				METHOD DAYS							RATE					INTEREST							PPIS						INTEREST				LOSS/EXP				FALLS DUE (3)					PENALTIES				PROCEEDS (1)
INTEREST (2)

				AMOUNT				RECOVERY			SHORTFALLS			ORIGINAL								CURRENT(4)

		A-1							30/360	30	3.834000000%						201,163.01								0.00						0.00				0.00				0.00				0.00				0.00				201,163.01			201,163.01				0.00		0.00			94.71%	94.86%
		A-2							30/360	30	4.904000000%						980,800.00								0.00						0.00				0.00				0.00				0.00				0.00				980,800.00			980,800.00				0.00		0.00			74.89%	75.00%
		A-3							30/360	30	5.386000000%						646,768.83								0.00						0.00				0.00				0.00				0.00				0.00				646,768.83			646,768.83				0.00		0.00			62.98%	63.08%
		A-4							30/360	30	5.594000000%						2,488,765.94								0.00						0.00				0.00				0.00				0.00				0.00				2,488,765.94			2,488,765.94				0.00		0.00			18.88%	18.90%
		B							30/360	30	5.666000000%						78,587.42								0.00						0.00				0.00				0.00				0.00				0.00				78,587.42			78,587.42				0.00		0.00			17.50%	17.53%
		C							30/360	30	5.696000000%						129,275.47								0.00						0.00				0.00				0.00				0.00				0.00				129,275.47			129,275.47				0.00		0.00			15.25%	15.27%
		D							30/360	30	5.735000000%						86,775.33								0.00						0.00				0.00				0.00				0.00				0.00				86,775.33			86,775.33				0.00		0.00			13.75%	13.77%
		E							30/360	30	5.774000000%						87,365.43								0.00						0.00				0.00				0.00				0.00				0.00				87,365.43			87,365.43				0.00		0.00			12.25%	12.27%
		F							30/360	30	5.794000000%						116,889.12								0.00						0.00				0.00				0.00				0.00				0.00				116,889.12			116,889.12				0.00		0.00			10.25%	10.27%
		G							30/360	30	5.873000000%						59,238.99								0.00						0.00				0.00				0.00				0.00				0.00				59,238.99			59,238.99				0.00		0.00			9.25%	9.26%
		X-CL							30/360	30	0.515371529%						519,414.90								0.00						0.00				0.00				0.00				0.00				0.00				519,414.90			519,414.90				0.00		0.00			0.00%	0.00%
		X-CP							30/360	30	1.607213530%						1,265,596.68								0.00						0.00				0.00				0.00				0.00				0.00				1,265,596.68			1,265,596.68				0.00		0.00			0.00%	0.00%
		X-D							30/360	30	1.070000000%						155,884.64								0.00						0.00				0.00				0.00				0.00				0.00				155,884.64			155,884.64				0.00		0.00			0.00%	0.00%
		H							30/360	30	6.137000000%						77,382.46								0.00						0.00				0.00				0.00				0.00				0.00				77,382.46			77,382.46				0.00		0.00			0.00%	0.00%
		J							30/360	30	6.235000000%						94,340.75								0.00						0.00				0.00				0.00				0.00				0.00				94,340.75			94,340.75				0.00		0.00			0.00%	0.00%
		K							30/360	30	6.529000000%						82,325.25								0.00						0.00				0.00				0.00				0.00				0.00				82,325.25			82,325.25				0.00		0.00			0.00%	0.00%
		L							30/360	30	5.683000000%						71,653.16								0.00						0.00				0.00				0.00				0.00				0.00				71,653.16			71,653.16				0.00		0.00			0.00%	0.00%
		M							30/360	30	5.683000000%						57,327.26								0.00						0.00				0.00				0.00				0.00				0.00				57,327.26			57,327.26				0.00		0.00			0.00%	0.00%
		N							30/360	30	5.683000000%						28,661.26								0.00						0.00				0.00				0.00				0.00				0.00				28,661.26			28,661.26				0.00		0.00			0.00%	0.00%
		P							30/360	30	5.683000000%						21,495.95								0.00						0.00				0.00				0.00				0.00				0.00				21,495.95			21,495.95				0.00		0.00			0.00%	0.00%
		Q							30/360	30	5.683000000%						35,831.32								0.00						0.00				0.00				0.00				0.00				0.00				35,831.32			35,831.32				0.00		0.00			0.00%	0.00%
		S							30/360	30	5.683000000%						14,330.63								0.00						0.00				0.00				0.00				0.00				0.00				14,330.63			14,330.63				0.00		0.00			0.00%	0.00%
		T							30/360	30	5.683000000%						14,330.63								0.00						0.00				0.00				0.00				0.00				0.00				14,330.63			14,330.63				0.00		0.00			0.00%	0.00%
		U							30/360	30	5.683000000%						57,326.49								0.00						0.00				0.00				0.00				0.00				0.00				57,326.49			57,326.49				0.00		0.00			0.00%	0.00%
		R-III							30/360	30	0.000000000%						0.00								0.00						0.00				0.00				0.00				0.00				0.00				0.00			0.00				0.00		0.00			NA	NA
		V							30/360	30	0.000000000%						0.00								0.00						0.00				0.00				0.00				0.00				0.00				0.00			0.00				0.00		0.00			NA	NA
																		7,371,530.92						0.00						0.00					0.00			0.00						0.00				0.00			7,371,530.92		7,371,530.92					0.00			0.00

	(1) OTHER INTEREST PROCEEDS ARE ADDITIONAL INTEREST AMOUNTS SPECIFICALLY ALLOCATED TO THE BOND(S) AND USED IN DETERMINING THE BONDS DISTRIBUTABLE INTEREST.
	(2) ACCRUED - DEDUCTIONS + ADDITIONS INTEREST
	(3) PRIOR INTEREST SHORTFALL AMOUNT INCLUDES INTEREST DUE ON OUTSTANDING SHORTFALLS AND LOSSES WHERE APPLICABLE.
	(4) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
																																		PAGE 6 OF 25
	08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK		N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST*

																																	STATEMENT DATE:							08/16/2002
												*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							08/16/2002
																																											*SERIES 2002-C2*
												PRIOR PAYMENT:									07/17/2002
																																	NEXT PAYMENT:								09/17/2002
																																	RECORD DATE:									07/31/2002

												*ABN AMRO ACCT: 67-9030-80-9*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*



											DELINQUENCY AGING CATEGORIES																									SPECIAL EVENT CATEGORIES (1)


DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS									SPECIALLY SERVICED						BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					8/16/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
					7/17/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%			0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.																																											PAGE 7 OF 25





	ABN AMRO

	LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															STATEMENT DATE:						08/16/2002
																												PAYMENT DATE:								08/16/2002
											*SERIES 2002-C2*																														PRIOR PAYMENT:					07/17/2002
																												NEXT PAYMENT:										09/17/2002
																												RECORD DATE:											07/31/2002
											*ABN AMRO ACCT: 67-9030-80-9*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE			AMORT		COUPON REMIT
				8/16/02		112			1,208,590,301				0		0				0	0			0	0			0				0			0			0						197		348		7.37%		7.31%
					100.90%					99.85%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				7/17/02		112			1,209,414,657				0		0				0	0			0	0			0				0			0			0						198		349		7.13%		7.08%
					100.90%					99.91%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 8 OF 25
			08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

DELINQUENT LOAN DETAIL

DISCLOSURE

CONTROL #

PAID

THRU

DATE

CURRENT P&I

ADVANCE

OUTSTANDING

P&I

ADVANCES**

OUT. PROPERTY

PROTECTION

ADVANCES

ADVANCE

DESCRIPTION (1)

SPECIAL

SERVICER

TRANSFER DATE

FORECLOSURE

DATE

BANKRUPTCY

DATE

REO

DATE

7/11/02

1,077,153.65

0.00

7/11/02

90,328.40

0.00

7/11/02

181,961.67

0.00

7/1/02

80,922.78

0.00

7/11/02

71,242.77

0.00

7/11/02

24,051.99

0.00

7/11/02

20,510.89

0.00

7/11/02

19,965.37

0.00

7/11/02

17,069.63

0.00

TOTAL

1,583,207.13

A. P&I ADVANCE - LOAN IN GRACE PERIOD

1. P&I ADVANCE - LOAN DELINQ. 1 MONTH

3. P&I ADVANCE - LOAN DELINQUENT 3 + MONTHS

7. P &I ADVANCE (FORECLOSURE)

B. P&I ADVANCE - LATE PAYMENT BUT<1 MONTH DELINQ.

2. P&I ADVANCE - LOAN DELINQ. 2 MONTHS

4. MATURED BALLOON/ASSUMED SCHED. PAYMENT

9. P&I ADVANCE (REO)

** OUTSTANDING P&I ADVANCES INCLUDE THE CURRENT PERIOD P&I ADVANCE

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 9 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

HISTORICAL COLLATERAL LEVEL PREPAYMENT REPORT

DISCLOSURE

CONTROL #

PAYOFF

PERIOD

INITIAL

BALANCE

TYPE

PAYOFF

AMOUNT

PENALTY

AMOUNT

PREPAYMENT

DATE

MATURITY

DATE

PROPERTY

TYPE

GEOGRAPHIC

LOCATION

CURRENT

CUMULATIVE

PAGE 10 OF 25

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
																				STATEMENT DATE:				08/16/2002
							*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																	PAYMENT DATE:				08/16/2002
							*SERIES 2002-C2*																	PRIOR PAYMENT:					07/17/2002
																						NEXT PAYMENT:				09/17/2002
																						RECORD DATE:					07/31/2002

							*ABN AMRO ACCT: 67-9030-80-9*

							*LOAN LEVEL DETAIL*




DISCLOSURE
CONTROL #



GROUP


PROPERTY
TYPE


MATURITY
DATE


PFY
DSCR

OPERATING
STATEMENT
DATE


		GEO. LOCATION

ENDING
PRINCIPAL
BALANCE


NOTE
RATE


SCHEDULED
P&I


PREPAYMENT
AMOUNT


PREPAYMENT
DATE

LOAN
STATUS
CODE (1)



				1A		LUBS02CA		RETAIL		2/11/32	0.00		FL		161,056,819	6.75000%			1,083,870				0							B
				1B		LUBS02CA		RETAIL		2/11/32	0.00		FL		13,620,198	7.75000%			90,896				0							B
				2		LUBS02CB		RETAIL		3/11/12	0.00		MA		94,638,685	6.73100%			614,969				0
				3		LUBS02CB		OFFICE		6/8/27	0.00		NY		78,805,129	6.57000%			536,874				0
				4		LUBS02CB		OFFICE		6/11/32	0.00		DC		49,931,968	7.25900%			341,393				0
				5		LUBS02CB		MULTIFAMILY		6/11/07	0.00		CA		36,800,000	6.65000%			210,731				0
				6		LUBS02CB		MULTIFAMILY		6/11/32	0.00		NY		34,946,246	6.76000%			227,242				0
				7		LUBS02CB		OFFICE		4/11/32	0.00		NY		34,408,796	7.40000%			238,871				0
				8		LUBS02CB		OFFICE		4/11/32	0.00		FL		33,860,548	7.97000%			248,316				0
				9		LUBS02CB		RETAIL		5/11/11	0.00		MD		27,752,608	7.90000%			203,858				0
				10		LUBS02CB		RETAIL		5/11/32	0.00		MA		27,184,140	6.41000%			170,629				0
				11		LUBS02CB		OFFICE		5/11/12	0.00		WA		25,953,555	7.57000%			183,044				0							B
				12		LUBS02CB		RETAIL		4/11/12	0.00		KS		23,717,440	7.47000%			171,060				0
				13		LUBS02CB		RETAIL		2/11/12	0.00		WV		19,906,727	7.14000%			134,946				0
				14		LUBS02CB		MULTIFAMILY		6/11/12	0.00		PA		18,475,547	7.37500%			127,775				0
				15		LUBS02CB		INDUSTRIAL		4/11/12	0.00		NY		17,955,912	7.70000%			128,333				0
				16		LUBS02CB		OFFICE		5/11/32	0.00		FL		16,569,178	7.43000%			115,275				0
				17		LUBS02CB		MULTIFAMILY		2/11/07	0.00		WI		16,488,756	6.90000%			109,130				0
				18		LUBS02CB		RETAIL		6/11/12	0.00		DE		16,477,888	7.32000%			113,344				0
				19		LUBS02CB		OFFICE		6/11/09	0.00		NY		13,980,151	7.09200%			94,009				0
				20		LUBS02CB		OFFICE		6/11/12	0.00		VA		13,081,779	7.17000%			88,655				0
				21		LUBS02CB		RETAIL		9/11/11	0.00		VA		12,800,051	7.40000%			89,317				0
				22		LUBS02CB		RETAIL		3/11/12	0.00		PA		12,596,162	7.10000%			84,945				0
				23		LUBS02CB		RETAIL		6/11/12	0.00		CA		12,582,732	7.23000%			85,783				0
				24		LUBS02CB		OFFICE		4/11/12	0.00		NY		12,468,827	7.63000%			88,517				0
				25		LUBS02CB		MULTIFAMILY		7/11/12	0.00		MI		11,692,484	6.91000%			77,134				0
				26		LUBS02CB		MULTIFAMILY		2/11/07	0.00		WI		11,503,320	6.90000%			76,134				0
				27		LUBS02CB		RETAIL		5/11/09	0.00		TN		11,228,767	7.37000%			77,663				0
				28		LUBS02CB		RETAIL		4/11/12	0.00		CA		10,621,420	7.34000%			73,303				0
				29		LUBS02CB		RETAIL		1/1/07	0.00		CA		10,599,920	8.28000%			81,365				0							B
				30		LUBS02CB		INDUSTRIAL		5/11/12	0.00		NY		10,107,189	7.62500%			71,664				0							B
				31		LUBS02CB		RETAIL		4/11/12	0.00		NC		10,035,338	7.82000%			76,563				0
				32		LUBS02CB		MULTIFAMILY		2/11/07	0.00		WI		9,851,460	6.90000%			65,201				0
				33		LUBS02CB		OFFICE		5/11/07	0.00		CA		9,804,539	7.00000%			65,366				0
				34		LUBS02CB		OFFICE		5/11/09	0.00		VA		9,380,728	7.06000%			62,918				0
				35		LUBS02CB		MULTIFAMILY		2/11/07	0.00		WI		9,005,627	6.90000%			59,603				0
				36		LUBS02CB		INDUSTRIAL		5/11/12	0.00		SC		8,972,471	7.44000%			66,158				0
				37		LUBS02CB		RETAIL		3/11/32	0.00		VA		8,970,966	7.38000%			62,191				0
				38		LUBS02CB		MULTIFAMILY		5/11/07	0.00		CA		8,930,024	6.73000%			57,931				0
				39		LUBS02CB		MULTIFAMILY		5/11/07	0.00		TX		8,381,909	6.87000%			55,154				0
				40		LUBS02CB		MULTIFAMILY		5/11/12	0.00		CA		8,084,167	7.24000%			55,201				0
				41		LUBS02CB		OFFICE		6/11/09	0.00		NJ		7,988,658	7.09200%			53,719				0
				42		LUBS02CB		RETAIL		2/11/12	0.00		MS		6,421,887	7.46000%			44,923				0
				43		LUBS02CB		INDUSTRIAL		6/11/32	0.00				6,341,701	7.42000%			44,053				0
				44		LUBS02CB		OFFICE		2/11/32	0.00		TX		6,122,619	7.36000%			42,414				0
				45		LUBS02CB		MULTIFAMILY		5/11/12	0.00		NY		5,988,334	7.26000%			40,971				0
				46		LUBS02CB		SELF STORAGE		5/11/12	0.00		NM		5,783,335	7.75000%			43,809				0
				47		LUBS02CB		MULTIFAMILY		6/11/12	0.00		GA		5,510,481	7.26000%			43,741				0
				48		LUBS02CB		OFFICE		6/11/12	0.00		CA		5,492,794	7.41000%			38,118				0
				49		LUBS02CB		MULTIFAMILY		3/11/09	0.00		TX		5,481,929	7.31000%			37,744				0
				50		LUBS02CB		RETAIL		4/11/12	0.00		VA		5,436,093	7.54000%			38,257				0
				51		LUBS02CB		RETAIL		4/11/12	0.00		TX		5,386,910	7.74000%			38,649				0
				52		LUBS02CB		MULTIFAMILY		6/11/12	0.00		NY		5,342,411	7.09000%			35,918				0
				53		LUBS02CB		SELF STORAGE		6/11/07	0.00		NC		5,189,373	7.59000%			38,732				0
				54		LUBS02CB		OFFICE		5/11/12	0.00		CA		4,940,504	7.31000%			33,969				0
				55		LUBS02CB		RETAIL		3/11/12	0.00		FL		4,735,155	7.50000%			33,213				0
				56		LUBS02CB		MULTIFAMILY		5/11/09	0.00		NV		4,690,110	6.96000%			31,143				0
				57		LUBS02CB		OFFICE		3/11/12	0.00		TX		4,560,740	7.51000%			32,020				0
				58		LUBS02CB		RETAIL		2/11/12	0.00		FL		4,480,177	7.41000%			31,188				0
				59		LUBS02CB		MULTIFAMILY		6/11/12	0.00		FL		4,390,167	7.36000%			30,317				0
				60		LUBS02CB		OFFICE		5/11/12	0.00		FL		3,852,853	7.44000%			26,831				0
				61		LUBS02CB		MOBILE HOME PARK		6/11/12	0.00		VA		3,835,107	7.52000%			26,902				0
				62		LUBS02CB		MULTIFAMILY		5/11/07	0.00		TX		3,791,816	6.87000%			24,951				0
				63		LUBS02CB		MULTIFAMILY		4/11/12	0.00		FL		3,690,867	7.67000%			26,303				0
				64		LUBS02CB		RETAIL		2/11/32	0.00		MD		3,633,921	7.41000%			25,297				0
				65		LUBS02CB		RETAIL		12/11/11	0.00		NC		3,441,576	7.50000%			24,195				0							B
				66		LUBS02CB		SELF STORAGE		6/11/07	0.00		NC		3,393,052	7.59000%			25,325				0
				67		LUBS02CB		SELF STORAGE		1/11/12	0.00		NC		3,349,859	7.70000%			25,382				0
				68		LUBS02CB		MULTIFAMILY		5/11/07	0.00		TX		3,292,893	6.87000%			21,668				0
				69		LUBS02CB		MULTIFAMILY		8/11/11	0.00		NY		3,173,221	7.38500%			22,123				0
				70		LUBS02CB		OFFICE		3/11/12	0.00		MD		3,139,650	7.31000%			21,617				0
				71		LUBS02CB		RETAIL		11/11/11	0.00		OR		3,104,062	7.17000%			21,149				0
				72		LUBS02CB		MULTIFAMILY		2/11/07	0.00		TX		3,084,354	6.76000%			20,127				0
				73		LUBS02CB		RETAIL		4/11/12	0.00		FL		3,061,741	7.33000%			21,110				0
				74		LUBS02CB		RETAIL		6/11/12	0.00		GA		2,996,283	7.63000%			21,244				0
				75		LUBS02CB		MULTIFAMILY		5/11/12	0.00		MA		2,993,994	7.15000%			20,262				0
				76		LUBS02CB		MOBILE HOME PARK		5/11/12	0.00		NY		2,909,872	7.62500%			20,632				0							B
				77		LUBS02CB		MULTIFAMILY		3/11/07	0.00		OK		2,884,798	6.47000%			18,956				0
				78		LUBS02CB		RETAIL		5/11/12	0.00		TX		2,844,923	7.58000%			20,084				0							B
				79		LUBS02CB		MULTIFAMILY		3/11/12	0.00		FL		2,837,313	7.25000%			20,070				0
				80		LUBS02CB		OFFICE		2/11/07	0.00		FL		2,829,556	7.13000%			20,380				0
				81		LUBS02CB		RETAIL		12/11/11	0.00		FL		2,785,107	7.59000%			19,751				0
				82		LUBS02CB		RETAIL		10/1/10	0.00		TX		2,740,671	8.41000%			21,161				0
				83		LUBS02CB		OFFICE		6/11/09	0.00		CT		2,696,172	7.09200%			18,130				0
				84		LUBS02CB		RETAIL		2/11/08	0.00		TX		2,683,662	7.11000%			18,765				0
				85		LUBS02CB		MULTIFAMILY		11/11/11	0.00		TX		2,680,742	6.89000%			17,764				0
				86		LUBS02CB		MULTIFAMILY		12/11/11	0.00		KY		2,485,830	7.32000%			17,173				0							B
				87		LUBS02CB		SELF STORAGE		1/11/12	0.00		SC		2,456,564	7.70000%			18,613				0
				88		LUBS02CB		SELF STORAGE		1/11/12	0.00		NC		2,233,240	7.70000%			16,921				0
				89		LUBS02CB		RETAIL		2/11/07	0.00		TX		2,149,453	6.92000%			14,255				0
				90		LUBS02CB		RETAIL		2/11/09	0.00		NY		2,089,401	6.76000%			13,635				0
				91		LUBS02CB		INDUSTRIAL		4/11/12	0.00		TX		2,011,145	8.61000%			15,651				0
				92		LUBS02CB		RETAIL		3/11/12	0.00		CA		1,993,716	7.48000%			13,957				0
				93		LUBS02CB		SELF STORAGE		1/11/12	0.00		NC		1,935,474	7.70000%			14,665				0
				94		LUBS02CB		SELF STORAGE		6/11/07	0.00		NC		1,896,117	7.59000%			14,152				0
				95		LUBS02CB		MULTIFAMILY		5/11/12	0.00		CA		1,896,286	7.24000%			12,948				0
				96		LUBS02CB		OFFICE		5/11/12	0.00		CO		1,697,030	7.65000%			12,062				0
				97		LUBS02CB		RETAIL		2/11/12	0.00		GA		1,593,261	7.62000%			11,319				0
				98		LUBS02CB		MULTIFAMILY		6/11/12	0.00		GA		1,492,844	7.33000%			12,882				0
				99		LUBS02CB		RETAIL		5/11/12	0.00		CT		1,472,284	7.46000%			10,273				0
				100		LUBS02CB		MULTIFAMILY		6/11/12	0.00		PA		1,272,349	7.50000%			9,422				0
				101		LUBS02CB		RETAIL		9/11/11	0.00		LA		1,235,290	7.65000%			9,360				0
				102		LUBS02CB		RETAIL		6/11/07	0.00		CA		1,200,000	6.65000%			6,872				0
				103		LUBS02CB		RETAIL		6/11/09	0.00		SC		1,198,463	7.50000%			8,391				0
				104		LUBS02CB		SELF STORAGE		6/11/07	0.00		NC		1,147,650	7.59000%			8,566				0
				105		LUBS02CB		RETAIL		12/11/10	0.00		LA		1,123,621	7.67000%			7,998				0
				106		LUBS02CB		RETAIL		4/11/12	0.00		TX		922,928	8.04000%			6,813				0
				107		LUBS02CB		MULTIFAMILY		6/11/12	0.00		OH		914,821	7.48000%			6,392				0
				108		LUBS02CB		SELF STORAGE		6/11/07	0.00		NC		898,161	7.59000%			6,704				0
				109		LUBS02CB		SELF STORAGE		5/11/17	0.00		MI		837,915	7.87500%			8,014				0
				110		LUBS02CB		SELF STORAGE		6/11/07	0.00		NC		698,569	7.59000%			5,214				0
				111		LUBS02CB		SELF STORAGE		1/11/12	0.00		SC		496,275	7.70000%			3,760				0
														1,208,590,301				8,254,421			0


* NOI AND DSCR, IF AVAILABLE AND REPORTABLE UNDER THE TERMS OF THE TRUST AGREEMENT, ARE BASED ON INFORMATION OBTAINED FROM THE RELATED BORROWER, AND NO OTHER PARTY TO THE AGREEMENT SHALL BE HELD LIABLE FOR THE
ACCURACY OR METHODOLOGY USED TO DETERMINE SUCH FIGURES.

				(1) LEGEND:	A. P&I ADV - IN GRACE PERIOD				1. P&I ADV - DELINQUENT 1 MONTH			3. P&I ADV - DELINQUENT 3+ MONTHS					7. FORECLOSURE
					B. P&I ADV -<ONE MONTH DELINQ				2. P&I ADV - DELINQUENT 2 MONTHS			4. MAT. BALLOON/ASSUMED P&I					9. REO
			08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.																						PAGE 11 OF 25





		ABN AMRO

		LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
									STATEMENT DATE:					08/16/2002
					*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*								PAYMENT DATE:				08/16/2002
					*SERIES 2002-C2*
													PRIOR PAYMENT:				07/17/2002
													NEXT PAYMENT:				09/17/2002
													RECORD DATE:				07/31/2002
					*ABN AMRO ACCT: 67-9030-80-9*
					*MORTGAGE LOAN CHARACTERISTICS*



	DISTRIBUTION OF PRINCIPAL BALANCES									DISTRIBUTION OF MORTGAGE INTEREST RATES



CURRENT SCHEDULED
BALANCE

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


		0							TO		1,000,000				6				4,768,670							0.39	%			107				7.72	%	0.00
		1,000,000							TO		2,000,000				14				21,154,385							1.75	%			101				7.48	%	0.00
		2,000,000							TO		3,000,000				18				47,308,725							3.91	%			97				7.38	%	0.00
		3,000,000							TO		4,000,000				14				47,844,972							3.96	%			116				7.33	%	0.00
		4,000,000							TO		5,000,000				6				27,796,852							2.30	%			110				7.34	%	0.00
		5,000,000							TO		6,000,000				9				49,611,661							4.10	%			107				7.44	%	0.00
		6,000,000							TO		7,000,000				3				18,886,207							1.56	%			274				7.41	%	0.00
		7,000,000				TO		8,000,000				1				7,988,658							0.66	%			82				7.09	%	0.00
		8,000,000				TO		9,000,000				5				43,339,536							3.59	%			142				7.13	%	0.00
		9,000,000				TO		10,000,000				4				38,042,354							3.15	%			61				6.97	%	0.00
		10,000,000				TO		12,500,000				8				88,257,266							7.30	%			96				7.47	%	0.00
		12,500,000				TO		15,000,000				6				78,661,074							6.51	%			151				7.29	%	0.00
		15,000,000				TO		17,500,000				3				49,535,822							4.10	%			177				7.22	%	0.00
		17,500,000				TO		20,000,000				3				56,338,185							4.66	%			116				7.40	%	0.00
		20,000,000				TO		40,000,000				8				244,623,335							20.24	%			234				7.25	%	0.00
		40,000,000				TO		70,000,000				1				49,931,968							4.13	%			358				7.26	%	0.00
		70,000,000				TO		100,000,000				2				173,443,813							14.35	%			198				6.66	%	0.00
		100,000,000				TO		130,000,000				0				0							0.00	%			0				0.00	%	0.00
		130,000,000				TO		160,000,000				0				0							0.00	%			0				0.00	%	0.00
		160,000,000				&		ABOVE				1				161,056,819							13.33	%			354				6.75	%	0.00
												112					1,208,590,301					100.00		%
			AVERAGE SCHEDULE BALANCE														10,790,985
			MAXIMUM SCHEDULE BALANCE												161,056,819
			MINIMUM SCHEDULE BALANCE												496,275



CURRENT MORTGAGE
INTEREST RATE

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


										0.000%			TO		6.500%				2							30,068,938						2.49		%						328	6.42	%	0.00
				6.501%			TO		6.625%				1							78,805,129							6.52		%					298		6.57	%		0.00
				6.626%			TO		6.750%				5							302,625,528							25.04		%					233		6.73	%		0.00
				6.751%			TO		6.875%				6							55,586,619							4.60		%					247		6.79	%		0.00
			6.876%			TO		7.000%				9							77,866,491							6.44		%					68		6.92	%		0.00
			7.001%			TO		7.125%				7							54,667,944							4.52		%					92		7.09	%		0.00
			7.126%			TO		7.250%				9							67,316,615							5.57		%					113		7.18	%		0.00
			7.251%			TO		7.375%				15							149,349,690							12.36		%					203		7.31	%		0.00
			7.376%			TO		7.500%				20							153,863,820							12.73		%					224		7.43	%		0.00
			7.501%			TO		7.625%				15							73,248,769							6.06		%					106		7.58	%		0.00
			7.626%			TO		7.750%				15							76,429,685							6.32		%					158		7.70	%		0.00
			7.751%			TO		8.000%				4							72,486,410							6.00		%					225		7.92	%		0.00
			8.001%			TO		8.250%				1							922,928							0.08		%					116		8.04	%		0.00
			8.251%			TO		8.500%				2							13,340,591							1.10		%					62		8.31	%		0.00
			8.501%			&		ABOVE				1							2,011,145							0.17		%					116		8.61	%		0.00
													112					1,208,590,301							100.00			%
			MINIMUM MORTGAGE INTEREST RATE																			6.410%
			MAXIMUM MORTGAGE INTEREST RATE																			8.610%


























											DISTRIBUTION OF REMAINING TERM (BALLOON)



BALLOON
MORTGAGE LOANS

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


			0			TO		50						0			0					0.00				%			0				0.00	%		0.00
			51			TO		75					23			156,505,010					12.95				%			56				6.98	%		0.00
			76			TO		100					11			62,598,670					5.18				%			82				7.21	%		0.00
			101			TO		125					63			507,208,142					41.97				%			115				7.32	%		0.00
			126			TO		150					0			0					0.00				%			0				0.00	%		0.00
			151			TO		175					0			0					0.00				%			0				0.00	%		0.00
			176			TO		200					0			0					0.00				%			0				0.00	%		0.00
			201			&		ABOVE					0			0					0.00				%			0				0.00	%		0.00






											97							726,311,823				60.10			%
		MINIMUM REMAINING TERM													53
		MAXIMUM REMAINING TERM													119







	DISTRIBUTION OF REMAINING TERM (FULLY AMORTIZING)




FULLY AMORTIZING
MORTGAGE LOANS

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


			0		TO		75			0				0							0.00		%					0		0.00			%		0.00
			76		TO		175			1				5,988,334							0.50		%					117		7.26			%		0.00
			176		TO		275			1				837,915							0.07		%					177		7.88			%		0.00
			276		TO		375			13				475,452,229							39.34		%					346		6.97			%		0.00
			376		&		ABOVE			0				0							0.00		%					0		0.00			%		0.00
										15				482,278,479							39.90		%
																	MINIMUM REMAINING TERM															117
																	MAXIMUM REMAINING TERM														358











	THE MORTGAGE POOL TOTALS 111 LOANS. IN THE MORTGAGE LOAN CHARACTERISTICS TABLES, THE DADELAND LOAN COMPONENTS A-1 AND A-2 ARE REPORTED INDIVIDUALLY, RESULTING IN A LOAN COUNT OF 112
	08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.													PAGE 16 OF 25





			ABN AMRO

			LASALLE BANK		N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST*
									STATEMENT DATE:				08/16/2002
				*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*							PAYMENT DATE:			08/16/2002
				*SERIES 2002-C2*
											PRIOR PAYMENT:			07/17/2002
											NEXT PAYMENT:			09/17/2002
											RECORD DATE:			07/31/2002
				*ABN AMRO ACCT: 67-9030-80-9*
				*MORTGAGE LOAN CHARACTERISTICS*



		DISTRIBUTION OF DSCR (PFY)							GEOGRAPHIC DISTRIBUTION



DEBT SERVICE
COVERAGE RATIO

# OF
LOANS

SCHEDULED
BALANCE

	% OF
BALANCE


WAMM WAC PFY DSCR


				LESS THAN ZERO								0	0					0.00	%			0		0.00	%	0.00
				0.001 0.875								0	0					0.00	%			0		0.00	%	0.00
				0.876 1.000								0	0					0.00	%			0		0.00	%	0.00
				1.001 1.125								0	0					0.00	%			0		0.00	%	0.00
				1.126 1.250								0	0					0.00	%			0		0.00	%	0.00
				1.251 1.375								0	0					0.00	%			0		0.00	%	0.00
				1.376 1.500								0	0					0.00	%			0		0.00	%	0.00
				1.501 1.625								0	0					0.00	%			0		0.00	%	0.00
				1.626 1.750								0	0					0.00	%			0		0.00	%	0.00
				1.751 1.875								0	0					0.00	%			0		0.00	%	0.00
				1.876 2.000								0	0					0.00	%			0		0.00	%	0.00
				2.001 2.250								0	0					0.00	%			0		0.00	%	0.00
				2.251 2.500								0	0					0.00	%			0		0.00	%	0.00
				2.501 2.750								0	0					0.00	%			0		0.00	%	0.00
				2.751 & ABOVE								0	0					0.00	%			0		0.00	%	0.00
				UNKNOWN								112	1,208,590,301					100.00	%			197		7.13	%	0.00
										112			1,208,590,301					100.00	%
			MAXIMUM DSCR			0.000
			MINIMUM DSCR				0.000



GEOGRAPHIC
LOCATION

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR



			FLORIDA			13					257,769,678				21.33		%			324		7.09	%		0.00
			NEW YORK			12					222,175,490				18.38		%			253		7.02	%		0.00
			MASSACHUSETTS			3					124,816,818				10.33		%			168		6.67	%		0.00
			CALIFORNIA			12					112,946,103				9.35		%			81		7.10	%		0.00
			TEXAS			15					56,136,692				4.64		%			113		7.30	%		0.00
			VIRGINIA			6					53,504,724				4.43		%			149		7.30	%		0.00
			DISTRICT OF COLUMBIA			1					49,931,968				4.13		%			358		7.26	%		0.00
			WISCONSIN			4					46,849,163				3.88		%			54		6.90	%		0.00
			MARYLAND			3					34,526,180				2.86		%			132		7.79	%		0.00
			NORTH CAROLINA			11					34,218,409				2.83		%			93		7.67	%		0.00
			PENNSYLVANIA			3					32,344,058				2.68		%			117		7.27	%		0.00
			WASHINGTON			1					25,953,555				2.15		%			117		7.57	%		0.00
			KANSAS			1					23,717,440				1.96		%			116		7.47	%		0.00
			WEST VIRGINIA			1					19,906,727				1.65		%			114		7.14	%		0.00
			DELAWARE			1					16,477,888				1.36		%			118		7.32	%		0.00
			SOUTH CAROLINA			4					13,123,773				1.09		%			113		7.50	%		0.00
			MICHIGAN			2					12,530,399				1.04		%			123		6.97	%		0.00
			GEORGIA			4					11,592,869				0.96		%			117		7.41	%		0.00
			TENNESSEE			1					11,228,767				0.93		%			81		7.37	%		0.00
			NEW JERSEY			1					7,988,658				0.66		%			82		7.09	%		0.00
			MISSISSIPPI			1					6,421,887				0.53		%			114		7.46	%		0.00
			CMBS CERTIFICATE			1					6,341,701				0.52		%			358		7.42	%		0.00
			NEW MEXICO			1					5,783,335				0.48		%			117		7.75	%		0.00
			NEVEDA			1					4,690,110				0.39		%			81		6.96	%		0.00
			CONNECTICUT			2					4,168,456				0.34		%			94		7.22	%		0.00
			OREGON			1					3,104,062				0.26		%			111		7.17	%		0.00
			OKLAHOMA			1					2,884,798				0.24		%			55		6.47	%		0.00
			KENTUCKY			1					2,485,830				0.21		%			112		7.32	%		0.00
			LOUISIANA			2					2,358,910				0.20		%			105		7.66	%		0.00
			COLORADO			1					1,697,030				0.14		%			117		7.65	%		0.00
			OHIO			1					914,821				0.08		%			118		7.48	%		0.00






















						112					1,208,590,301				100.00		%
























		DISTRIBUTION OF DSCR (CUTOFF)




DEBT SERVICE
COVERAGE RATIO

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


					LESS THAN ZERO					0						0				0.00	%			0		0.00	%	0.00
					0.001 0.875					0						0				0.00	%			0		0.00	%	0.00
					0.876 1.000					0						0				0.00	%			0		0.00	%	0.00
					1.001 1.125					1						3,173,221				0.26	%			108		7.39	%	0.00
					1.126 1.250					14						156,225,161				12.93	%			160		7.43	%	0.00
					1.251 1.375					54						500,370,718				41.40	%			155		7.29	%	0.00
					1.376 1.500					28						110,923,463				9.18	%			114		7.46	%	0.00
					1.501 1.625					4						10,857,211				0.90	%			94		7.00	%	0.00
					1.626 1.750					4						88,912,942				7.36	%			287		6.67	%	0.00
					1.751 1.875					1						161,056,819				13.33	%			354		6.75	%	0.00
					1.876 2.000					4						136,266,427				11.27	%			177		6.79	%	0.00
					2.001 2.250					0						0				0.00	%			0		0.00	%	0.00
					2.251 2.500					1						27,184,140				2.25	%			357		6.41	%	0.00
					2.501 2.750					0						0				0.00	%			0		0.00	%	0.00
					2.751 & ABOVE					0						0				0.00	%			0		0.00	%	0.00
					UNKNOWN					1						13,620,198				1.13	%			354		7.75	%	0.00
											112					1,208,590,301			100.00		%
				MAXIMUM DSCR		2.270
				MINIMUM DSCR			1.100



























		THE MORTGAGE POOL TOTALS 111 LOANS. IN THE MORTGAGE LOAN CHARACTERISTICS TABLES, THE DADELAND LOAN COMPONENTS A-1 AND A-2 ARE REPORTED INDIVIDUALLY, RESULTING IN A LOAN COUNT OF 112
		08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.						PAGE 17 OF 25





		ABN AMRO

		LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
									STATEMENT DATE:					08/16/2002
						*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*								PAYMENT DATE:				08/16/2002
						*SERIES 2002-C2*
														PRIOR PAYMENT:				07/17/2002
														NEXT PAYMENT:				09/17/2002
														RECORD DATE:				07/31/2002
						*ABN AMRO ACCT: 67-9030-80-9*
						*MORTGAGE LOAN CHARACTERISTICS*



	DISTRIBUTION OF PROPERTY TYPES											DISTRIBUTION OF LOAN SEASONING


									PROPERTY TYPES
# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


		RETAIL				40				542,520,445							44.89		%					206		7.09	%		0.00
		OFFICE				21				341,565,775							28.26		%					252		7.21	%		0.00
		MULTIFAMILY				31				242,055,100							20.03		%					121		6.96	%		0.00
		INDUSTRIAL				5				45,388,418							3.76		%					150		7.63	%		0.00
		SELF STORAGE				13				30,315,585							2.51		%					92		7.67	%		0.00
		MOBILE HOME PARK				2				6,744,979							0.56		%					118		7.57	%		0.00


















							112			1,208,590,301						100.00			%




NUMBER OF MONTHS

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


			0		TO		12					0				0				0.00		%				0			0.00	%		0.00
			13		TO		72					0				0				0.00		%				0			0.00	%		0.00
			73		TO		132					0				0				0.00		%				0			0.00	%		0.00
			133		TO		192					0				0				0.00		%				0			0.00	%		0.00
			193		TO		252				0				0				0.00		%				0			0.00	%		0.00
			253		TO		312				0				0				0.00		%				0			0.00	%		0.00
			313		TO		372				0				0				0.00		%				0			0.00	%		0.00
			373		TO		432				0				0				0.00		%				0			0.00	%		0.00
			433		TO		492				0				0				0.00		%				0			0.00	%		0.00
			493		TO		552				0				0				0.00		%				0			0.00	%		0.00
			553		OR		MORE				0				0				0.00		%				0			0.00	%		0.00








											0					0				0.00		%

























	DISTRIBUTION OF AMORTIZATION TYPE										DISTRIBUTION OF YEAR LOANS MATURING


								AMORTIZATION TYPE
# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


								AMORTIZINGBALLOON						95				688,311,823					56.95		%			102				7.27	%	0.00
								FULL AMORTIZING						14				468,658,281					38.78		%			343				6.96	%	0.00
								IO MATURITY BALLOON						1				1,200,000					0.10		%			58				6.65	%	0.00
								IO/ AMORTIZATING						1				13,620,198					1.13		%			354				7.75	%	0.00
								IO/AMORTIZING/BALLOON						1				36,800,000					3.04		%			58				6.65	%	0.00




















									112				1,208,590,301			100.00			%




YEAR

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR


			2002					0			0				0.00		%			0				0.00	%	0.00
			2003					0			0				0.00		%			0				0.00	%	0.00
			2004					0			0				0.00		%			0				0.00	%	0.00
			2005					0			0				0.00		%			0				0.00	%	0.00
			2006					0			0				0.00		%			0				0.00	%	0.00
			2007					22			153,821,348				12.73		%			56				6.98	%	0.00
			2008					1			2,683,662				0.22		%			66				7.11	%	0.00
			2009					9			58,734,379				4.86		%			81				7.15	%	0.00
			2010					2			3,864,291				0.32		%			99				8.19	%	0.00
			2011					9			59,458,488				4.92		%			108				7.61	%	0.00
			2012					55			453,737,989				37.54		%			116				7.28	%	0.00
			2013 & GREATER					14			476,290,144				39.41		%			346				6.98	%	0.00



								112			1,208,590,301			100.00			%


























	08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.						THE MORTGAGE POOL TOTALS 111 LOANS. IN THE MORTGAGE LOAN CHARACTERISTICS TABLES, THE DADELAND LOAN COMPONENTS A-1 AND A-2 ARE REPORTED INDIVIDUALLY, RESULTING IN A LOAN COUNT OF 112								PAGE 18 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL (END OF PERIOD)

LOAN

STATUS

CODE(1)

DISCLOSURE

CONTROL #

SERVICING

XFER DATE

BALANCE

NOTE

RATE

MATURITY

DATE

REMAINING

PROPERTY

TYPE

GEO.

LOCATION

NOI

DSCR

NOI

DATE

SCHEDULE

ACTUAL

LIFE

(1) LEGEND:

A. P&I ADV - IN GRACE PERIOD

1. P&I ADV - DELINQUENT 1 MONTH

3. P&I ADV - DELINQUENT 3+ MONTHS

7. FORECLOSURE

B. P&I ADV -<ONE MONTH DELINQ

2. P&I ADV - DELINQUENT 2 MONTHS

4. MAT. BALLOON/ASSUMED P&I

9. REO

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 19 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS (END OF PERIOD)

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 20 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 21 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

REALIZED LOSS DETAIL

BEGINNING

SCHEDULED

BALANCE

GROSS PROCEEDS

AS A % OF

SCHED. BALANCE

AGGREGATE

LIQUIDATION

EXPENSES *

NET

LIQUIDATION

PROCEEDS

NET PROCEEDS

AS A % OF

SCHED. BALANCE

PERIOD

DISCLOSURE

CONTROL #

APPRAISAL

DATE

APPRAISAL

VALUE

GROSS

PROCEEDS

REALIZED

LOSS

CURRENT TOTAL

CUMULATIVE

* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 22 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

08/16/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

08/16/2002

SERIES 2002-C2

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

APPRAISAL REDUCTION DETAIL

DISCLOSURE

CONTROL#

APPRAISAL

RED. DATE

SCHEDULED

BALANCE

ARA

AMOUNT

CURRENT P&I

ADVANCE

ASER

NOTE

RATE

MATURITY

DATE

REMAINING TERM

PROPERTY

TYPE

GEOGRAPHIC

LOCATION

DSCR

APPRAISAL

VALUE DATE

LIFE

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 23 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

STATEMENT DATE:

08/16/2002

SERIES 2002-C2

PAYMENT DATE:

08/16/2002

PRIOR PAYMENT:

07/17/2002

NEXT PAYMENT:

09/17/2002

RECORD DATE:

07/31/2002

ABN AMRO ACCT: 67-9030-80-9

RATING INFORMATION

ORIGINAL RATINGS

RATING CHANGE/CHANGE DATE(1)

CLASS

CUSIP

FITCH

MOODY'S

S&P

FITCH

MOODY'S

S&P

R-I

9ABSH992

R-II

9ABSH993

A-1

52108HJQ8

AAA

A-2

52108HJR6

AAA

A-3

52108HJS4

AAA

A-4

52108HJT2

AAA

52108HJU9

AA1

AA+

52108HJV7

AA2

52108HJW5

AA3

AA-

52108HJX3

A+

52108HJY1

52108HJZ8

A-

X-CL

52108HKY9

AAA

X-CP

52108HLA0

AAA

X-D

52108HLC6

AAA

52108HKA1

BAA1

BBB+

52108HKC7

BAA2

BBB

52108HKE3

BAA3

BBB-

52108HKG8

BA1

BB+

52108HKJ2

BA2

52108HKL7

BA3

BB-

52108HKN3

B+

52108HKQ6

52108HKS2

B-

52108HKU7

CAA2

CCC

52108HKW3

R-III

9ABSH994

9ABSH991

NR - DESIGNATES THAT THE CLASS WAS NOT RATED BY THE RATING AGENCY.

(1) CHANGED RATINGS PROVIDED ON THIS REPORT ARE BASED ON INFORMATION PROVIDED BY THE APPLICABLE RATING AGENCY VIA ELECTRONIC TRANSMISSION. IT SHALL BE

UNDERSTOOD THAT THIS TRANSMISSION WILL GENERALLY HAVE BEEN PROVIDED TO LASALLE WITHIN 30 DAYS OF THE PAYMENT DATE LISTED ON THIS STATEMENT. BECAUSE RATINGS MAY HAVE CHANGED DURING THE 30 DAY WINDOW, OR MAY NOT BE BEING PROVIDED BY THE RATING AGENCY IN AN ELECTRONIC FORMAT AND THEREFORE NOT BEING UPDATED ON

THIS REPORT, LASALLE RECOMMENDS THAT INVESTORS OBTAIN CURRENT RATING INFORMATION DIRECTLY FROM THE RATING AGENCY.

08/14/2002 - 15:12 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 24 OF 25

STRUCTURED ASSET SEC CORP COMM MORT PAS THR CERT SER 2002-C2 8-K