8-K 1 lubs02c2_200209.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
September 17, 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 September 17, 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

September 17, 2002

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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_200209_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

09/13/2002 - 10:20 (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:							09/17/2002

										*SERIES 2002-C2*																											PAYMENT DATE:					09/17/2002

WAC:						7.372265%																															PRIOR PAYMENT:						08/16/2002
																																		NEXT PAYMENT:						10/18/2002
WAMM:						196
																																		RECORD DATE:							08/30/2002
										*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					62,144,574.17					822,226.45			0.00			0.00				61,322,347.72				198,551.91					0.00			3.83400000%
	52108HJQ8													971.008971406			12.847288281			0.000000000			0.000000000				958.161683125					3.102373594				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	1,208,597,411.17					0.00			0.00			0.00				1,207,775,184.72				517,169.05					0.00			0.51349014%
	52108HKY9/U51394BL4/52108HKZ6													998.467163880			0.000000000			0.000000000			0.000000000				997.787892103					0.427252541				0.000000000					0.421463398%

	X-CP						944,937,302.00				N	944,937,302.00					0.00			0.00			0.00				944,937,302.00				1,265,636.05					0.00			1.60726353%
	52108HLA0/U51394BM2/52108HLB8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					1.339386272				0.000000000					1.573182340%

	X-D						175,000,000.00				N	174,684,128.04					0.00			0.00			0.00				174,543,552.55				155,760.01					0.00			1.07000000%
	52108HLC6/U51394BN0/52108HLD4													998.195017371			0.000000000			0.000000000			0.000000000				997.391728857					0.890057200				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								1,208,597,411.17				822,226.45			0.00			0.00				1,207,775,184.72				7,366,588.71					0.00

																										TOTAL P&I PAYMENT				8,188,815.16


	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
09/13/2002 - 10:20 (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:					09/17/2002
					*SERIES 2002-C2*																																PAYMENT DATE:		09/17/2002
																												PRIOR PAYMENT:				08/16/2002
																												NEXT PAYMENT:					10/18/2002
																												RECORD DATE:						08/30/2002
					*ABN AMRO ACCT: 67-9030-80-9*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY										SERVICING FEE SUMMARY																								PRINCIPAL SUMMARY
				CURRENT SCHEDULED INTEREST				7,373,331.74						CURRENT SERVICING FEES									56,102.15															SCHEDULED:
				LESS DEFERRED INTEREST				0.00						PLUS FEES ADVANCED FOR PPIS									0.00															CURRENT SCHEDULED PRINCIPAL					816,047.83
				PLUS ADVANCE INTEREST				50,970.59						LESS REDUCTION FOR PPIS									0.00															ADVANCED SCHEDULED PRINCIPAL					6,178.62
				PLUS UNSCHEDULED INTEREST				0.00						PLUS DELINQUENT SERVICING FEES										781.38														SCHEDULED PRINCIPAL DISTRIBUTION					822,226.45
				PPIS REDUCING SCHEDULED INTEREST				0.00						TOTAL SERVICING FEES									56,883.53															UNSCHEDULED:
				LESS TOTAL FEES PAID TO SERVICER				(56,102.15)																														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				7,368,200.18							REDUCED BY SHORTFALLS IN FEES								0.00															UNSCHEDULED PRINCIPAL DISTRIBUTION					0.00
				LESS TRUSTEE FEE				(1,611.46)							REDUCED BY OTHER AMOUNTS								0.00															REMITTANCE PRINCIPAL					822,226.45
				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					8,190,426.63
				LESS INTEREST RESERVE WITHHOLDING						0.00				PPIS ALLOCATED TO CERTIFICATES									0.00
				PLUS INTEREST RESERVE DEPOSIT					0.00
				REMITTANCE INTEREST				7,366,588.72								POOL BALANCE SUMMARY
																								BALANCE/AMOUNT					COUNT
														BEGINNING POOL									1,208,597,412.03								112
														SCHEDULED PRINCIPAL DISTRIBUTION									822,226.45
														UNSCHEDULED PRINCIPAL DISTRIBUTION							0.00															0
														DEFERRED INTEREST							0.00
														LIQUIDATIONS							0.00																0
														REPURCHASES							0.00														0
														ENDING POOL							1,207,775,185.58									112
						ADVANCES
							PRIOR OUTSTANDING							CURRENT PERIOD								RECOVERED																ENDING OUTSTANDING
								PRINCIPAL				INTEREST					PRINCIPAL		INTEREST						PRINCIPAL		INTEREST													PRINCIPAL		INTEREST
			MADE BY: SERVICER		31,256.65						474,796.83		6,178.62					50,970.59		31,256.65						474,796.83												6,178.62			50,970.59

	09/13/2002 - 10:20 (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:					09/17/2002
																																																			PAYMENT DATE:					09/17/2002
															*SERIES 2002-C2*
																																																			PRIOR PAYMENT:						08/16/2002
																																		NEXT PAYMENT:									10/18/2002
																																		RECORD DATE:										08/30/2002


															*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%						198,551.91									0.00					0.00				0.00					0.00				0.00			0.00					198,551.91			198,551.91				0.00		0.00			94.71%	94.92%
		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%	75.05%
		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%	63.12%
		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%	18.92%
		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%	17.54%
		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%	15.28%
		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%	13.78%
		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%	12.28%
		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%	9.27%
		X-CL							30/360	30	0.513490144%						517,169.05									0.00					0.00				0.00					0.00				0.00			0.00					517,169.05			517,169.05				0.00		0.00			0.00%	0.00%
		X-CP							30/360	30	1.607263530%						1,265,636.05									0.00					0.00				0.00					0.00				0.00			0.00					1,265,636.05			1,265,636.05				0.00		0.00			0.00%	0.00%
		X-D							30/360	30	1.070000000%						155,760.01									0.00					0.00				0.00					0.00				0.00			0.00					155,760.01			155,760.01				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
																		7,366,588.71							0.00					0.00					0.00			0.00						0.00				0.00				7,366,588.71		7,366,588.71					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
	09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.





		ABN AMRO

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

																																	STATEMENT DATE:							09/17/2002
												*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							09/17/2002
																																											*SERIES 2002-C2*
												PRIOR PAYMENT:									08/16/2002
																																	NEXT PAYMENT:								10/18/2002
																																	RECORD DATE:									08/30/2002

												*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


					9/17/2002		1		8,923,846						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.89%				0.74%			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%
					8/16/2002		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%
					7/17/2002		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
				09/13/2002 - 10:20 (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:						09/17/2002
																												PAYMENT DATE:								09/17/2002
											*SERIES 2002-C2*																														PRIOR PAYMENT:					08/16/2002
																												NEXT PAYMENT:										10/18/2002
																												RECORD DATE:											08/30/2002
											*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
				9/17/2002		112			1,207,775,186				0		0				0	0			0	0			0				0			0			0						196		347		7.37%		7.31%
					100.90%					99.78%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				8/16/2002		112			1,208,597,412				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%
				7/17/2002		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
			09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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

7/11/2002

57,149.21

0.00

TOTAL

57,149.21

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

09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 9 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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

09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK	N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
																				STATEMENT DATE:			09/17/2002
							*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																PAYMENT DATE:				09/17/2002
							*SERIES 2002-C2*																PRIOR PAYMENT:					08/16/2002
																						NEXT PAYMENT:			10/18/2002
																						RECORD DATE:				08/30/2002

							*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		2/11/2032	0.00		FL		160,923,355	6.75000%			1,076,760
				1B		LUBS02CA		RETAIL		2/11/2032	0.00		FL		13,620,198	7.75000%			90,896
				2		LUBS02CB		RETAIL		3/11/2012	0.00		MA		94,572,255	6.73100%			614,969
				3		LUBS02CB		OFFICE		6/8/2027	0.00		NY		78,714,094	6.57000%			536,874
				4		LUBS02CB		OFFICE		6/11/2032	0.00		DC		49,902,690	7.25900%			341,393
				5		LUBS02CB		MULTIFAMILY		6/11/2007	0.00		CA		36,800,000	6.65000%			210,731
				6		LUBS02CB		MULTIFAMILY		6/11/2032	0.00		NY		34,922,430	6.76000%			227,242
				7		LUBS02CB		OFFICE		4/11/2032	0.00		NY		34,389,186	7.40000%			238,871
				8		LUBS02CB		OFFICE		4/11/2032	0.00		FL		33,844,620	7.97000%			248,316
				9		LUBS02CB		RETAIL		5/11/2011	0.00		MD		27,737,546	7.90000%			203,858
				10		LUBS02CB		RETAIL		5/11/2032	0.00		MA		27,163,560	6.41000%			170,629
				11		LUBS02CB		OFFICE		5/11/2012	0.00		WA		25,939,693	7.57000%			183,044
				12		LUBS02CB		RETAIL		4/11/2012	0.00		KS		23,698,942	7.47000%			171,060
				13		LUBS02CB		RETAIL		2/11/2012	0.00		WV		19,894,174	7.14000%			134,946
				14		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		PA		18,465,104	7.37500%			127,775
				15		LUBS02CB		INDUSTRIAL		4/11/2012	0.00		NY		17,946,637	7.70000%			128,333
				16		LUBS02CB		OFFICE		5/11/2032	0.00		FL		16,559,913	7.43000%			115,275
				17		LUBS02CB		MULTIFAMILY		2/11/2007	0.00		WI		16,477,597	6.90000%			109,130
				18		LUBS02CB		RETAIL		6/11/2012	0.00		DE		16,468,410	7.32000%			113,344
				19		LUBS02CB		OFFICE		6/11/2009	0.00		NY		13,971,519	7.09200%			94,009
				20		LUBS02CB		OFFICE		6/11/2012	0.00		VA		13,073,893	7.17000%			88,655
				21		LUBS02CB		RETAIL		9/11/2011	0.00		VA		12,792,299	7.40000%			89,317
				22		LUBS02CB		RETAIL		3/11/2012	0.00		PA		12,588,228	7.10000%			84,945
				23		LUBS02CB		RETAIL		6/11/2012	0.00		CA		12,575,287	7.23000%			85,783
				24		LUBS02CB		OFFICE		4/11/2012	0.00		NY		12,462,233	7.63000%			88,517
				25		LUBS02CB		MULTIFAMILY		7/11/2012	0.00		MI		11,684,923	6.91000%			77,134
				26		LUBS02CB		MULTIFAMILY		2/11/2007	0.00		WI		11,495,535	6.90000%			76,134
				27		LUBS02CB		RETAIL		5/11/2009	0.00		TN		11,222,366	7.37000%			77,663
				28		LUBS02CB		RETAIL		4/11/2012	0.00		CA		10,615,251	7.34000%			73,303
				29		LUBS02CB		RETAIL		1/1/2007	0.00		CA		10,594,133	8.28000%			81,365
				30		LUBS02CB		INDUSTRIAL		5/11/2012	0.00		NY		10,101,889	7.62500%			71,664
				31		LUBS02CB		RETAIL		4/11/2012	0.00		NC		10,026,352	7.82000%			76,563
				32		LUBS02CB		MULTIFAMILY		2/11/2007	0.00		WI		9,844,792	6.90000%			65,201
				33		LUBS02CB		OFFICE		5/11/2007	0.00		CA		9,798,272	7.00000%			65,366
				34		LUBS02CB		OFFICE		5/11/2009	0.00		VA		9,374,840	7.06000%			62,918
				35		LUBS02CB		MULTIFAMILY		2/11/2007	0.00		WI		8,999,532	6.90000%			59,603
				36		LUBS02CB		INDUSTRIAL		5/11/2012	0.00		SC		8,963,796	7.44000%			66,158
				37		LUBS02CB		RETAIL		3/11/2032	0.00		VA		8,965,785	7.38000%			62,191
				38		LUBS02CB		MULTIFAMILY		5/11/2007	0.00		CA		8,923,846	6.73000%			57,931										1
				39		LUBS02CB		MULTIFAMILY		5/11/2007	0.00		TX		8,376,341	6.87000%			55,154
				40		LUBS02CB		MULTIFAMILY		5/11/2012	0.00		CA		8,079,366	7.24000%			55,201
				41		LUBS02CB		OFFICE		6/11/2009	0.00		NJ		7,983,725	7.09200%			53,719
				42		LUBS02CB		RETAIL		2/11/2012	0.00		MS		6,418,218	7.46000%			44,923
				43		LUBS02CB		INDUSTRIAL		6/11/2032	0.00				6,338,168	7.42000%			44,053
				44		LUBS02CB		OFFICE		2/11/2032	0.00		TX		6,119,009	7.36000%			42,414
				45		LUBS02CB		MULTIFAMILY		5/11/2012	0.00		NY		5,984,800	7.26000%			40,971
				46		LUBS02CB		SELF STORAGE		5/11/2012	0.00		NM		5,778,122	7.75000%			43,809
				47		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		GA		5,501,190	7.26000%			43,741
				48		LUBS02CB		OFFICE		6/11/2012	0.00		CA		5,489,724	7.41000%			38,118
				49		LUBS02CB		MULTIFAMILY		3/11/2009	0.00		TX		5,478,692	7.31000%			37,744
				50		LUBS02CB		RETAIL		4/11/2012	0.00		VA		5,433,131	7.54000%			38,257
				51		LUBS02CB		RETAIL		4/11/2012	0.00		TX		5,384,165	7.74000%			38,649
				52		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		NY		5,339,110	7.09000%			35,918
				53		LUBS02CB		SELF STORAGE		6/11/2007	0.00		NC		5,184,558	7.59000%			38,732
				54		LUBS02CB		OFFICE		5/11/2012	0.00		CA		4,937,634	7.31000%			33,969
				55		LUBS02CB		RETAIL		3/11/2012	0.00		FL		4,732,523	7.50000%			33,213
				56		LUBS02CB		MULTIFAMILY		5/11/2009	0.00		NV		4,687,076	6.96000%			31,143
				57		LUBS02CB		OFFICE		3/11/2012	0.00		TX		4,558,213	7.51000%			32,020
				58		LUBS02CB		RETAIL		2/11/2012	0.00		FL		4,477,576	7.41000%			31,188
				59		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		FL		4,387,674	7.36000%			30,317
				60		LUBS02CB		OFFICE		5/11/2012	0.00		FL		3,850,705	7.44000%			26,831
				61		LUBS02CB		MOBILE HOME PARK		6/11/2012	0.00		VA		3,833,039	7.52000%			26,902
				62		LUBS02CB		MULTIFAMILY		5/11/2007	0.00		TX		3,789,297	6.87000%			24,951
				63		LUBS02CB		MULTIFAMILY		4/11/2012	0.00		FL		3,688,941	7.67000%			26,303
				64		LUBS02CB		RETAIL		2/11/2032	0.00		MD		3,631,812	7.41000%			25,297
				65		LUBS02CB		RETAIL		12/11/2011	0.00		NC		3,439,608	7.50000%			24,195
				66		LUBS02CB		SELF STORAGE		6/11/2007	0.00		NC		3,389,903	7.59000%			25,325
				67		LUBS02CB		SELF STORAGE		1/11/2012	0.00		NC		3,346,689	7.70000%			25,382
				68		LUBS02CB		MULTIFAMILY		5/11/2007	0.00		TX		3,290,705	6.87000%			21,668
				69		LUBS02CB		MULTIFAMILY		8/11/2011	0.00		NY		3,171,277	7.38500%			22,123
				70		LUBS02CB		OFFICE		3/11/2012	0.00		MD		3,137,797	7.31000%			21,617
				71		LUBS02CB		RETAIL		11/11/2011	0.00		OR		3,102,078	7.17000%			21,149
				72		LUBS02CB		MULTIFAMILY		2/11/2007	0.00		TX		3,082,181	6.76000%			20,127
				73		LUBS02CB		RETAIL		4/11/2012	0.00		FL		3,059,957	7.33000%			21,110
				74		LUBS02CB		RETAIL		6/11/2012	0.00		GA		2,994,726	7.63000%			21,244
				75		LUBS02CB		MULTIFAMILY		5/11/2012	0.00		MA		2,992,165	7.15000%			20,262
				76		LUBS02CB		MOBILE HOME PARK		5/11/2012	0.00		NY		2,908,346	7.62500%			20,632
				77		LUBS02CB		MULTIFAMILY		3/11/2007	0.00		OK		2,881,915	6.47000%			18,956
				78		LUBS02CB		RETAIL		5/11/2012	0.00		TX		2,843,409	7.58000%			20,084
				79		LUBS02CB		MULTIFAMILY		3/11/2012	0.00		FL		2,834,956	7.25000%			20,070
				80		LUBS02CB		OFFICE		2/11/2007	0.00		FL		2,826,549	7.13000%			20,380
				81		LUBS02CB		RETAIL		12/11/2011	0.00		FL		2,783,559	7.59000%			19,751
				82		LUBS02CB		RETAIL		10/1/2010	0.00		TX		2,739,358	8.41000%			21,161
				83		LUBS02CB		OFFICE		6/11/2009	0.00		CT		2,694,507	7.09200%			18,130
				84		LUBS02CB		RETAIL		2/11/2008	0.00		TX		2,681,328	7.11000%			18,765
				85		LUBS02CB		MULTIFAMILY		11/11/2011	0.00		TX		2,678,883	6.89000%			17,764
				86		LUBS02CB		MULTIFAMILY		12/11/2011	0.00		KY		2,484,326	7.32000%			17,173
				87		LUBS02CB		SELF STORAGE		1/11/2012	0.00		SC		2,454,239	7.70000%			18,613
				88		LUBS02CB		SELF STORAGE		1/11/2012	0.00		NC		2,231,126	7.70000%			16,921
				89		LUBS02CB		RETAIL		2/11/2007	0.00		TX		2,148,007	6.92000%			14,255
				90		LUBS02CB		RETAIL		2/11/2009	0.00		NY		2,087,929	6.76000%			13,635
				91		LUBS02CB		INDUSTRIAL		4/11/2012	0.00		TX		2,010,405	8.61000%			15,651
				92		LUBS02CB		RETAIL		3/11/2012	0.00		CA		1,992,601	7.48000%			13,957
				93		LUBS02CB		SELF STORAGE		1/11/2012	0.00		NC		1,933,643	7.70000%			14,665
				94		LUBS02CB		SELF STORAGE		6/11/2007	0.00		NC		1,894,358	7.59000%			14,152
				95		LUBS02CB		MULTIFAMILY		5/11/2012	0.00		CA		1,895,160	7.24000%			12,948
				96		LUBS02CB		OFFICE		5/11/2012	0.00		CO		1,696,148	7.65000%			12,062
				97		LUBS02CB		RETAIL		2/11/2012	0.00		GA		1,592,396	7.62000%			11,319
				98		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		GA		1,489,385	7.33000%			12,882
				99		LUBS02CB		RETAIL		5/11/2012	0.00		CT		1,471,468	7.46000%			10,273
				100		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		PA		1,271,145	7.50000%			9,422
				101		LUBS02CB		RETAIL		9/11/2011	0.00		LA		1,234,067	7.65000%			9,360
				102		LUBS02CB		RETAIL		6/11/2007	0.00		CA		1,200,000	6.65000%			6,872
				103		LUBS02CB		RETAIL		6/11/2009	0.00		SC		1,197,813	7.50000%			8,391
				104		LUBS02CB		SELF STORAGE		6/11/2007	0.00		NC		1,146,585	7.59000%			8,566
				105		LUBS02CB		RETAIL		12/11/2010	0.00		LA		1,123,044	7.67000%			7,998
				106		LUBS02CB		RETAIL		4/11/2012	0.00		TX		922,505	8.04000%			6,813
				107		LUBS02CB		MULTIFAMILY		6/11/2012	0.00		OH		914,321	7.48000%			6,392
				108		LUBS02CB		SELF STORAGE		6/11/2007	0.00		NC		897,327	7.59000%			6,704
				109		LUBS02CB		SELF STORAGE		5/11/2017	0.00		MI		835,583	7.87500%			8,014
				110		LUBS02CB		SELF STORAGE		6/11/2007	0.00		NC		697,921	7.59000%			5,214
				111		LUBS02CB		SELF STORAGE		1/11/2012	0.00		SC		495,806	7.70000%			3,760
														1,207,775,186				8,247,310			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
			09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.																					PAGE 11 OF 25





		ABN AMRO

		LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
									STATEMENT DATE:					09/17/2002
					*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*								PAYMENT DATE:				09/17/2002
					*SERIES 2002-C2*
													PRIOR PAYMENT:				08/16/2002
													NEXT PAYMENT:				10/18/2002
													RECORD DATE:				08/30/2002
					*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				4,763,463							0.39	%			106				7.72	%	0.00
		1,000,000							TO		2,000,000				14				21,137,812							1.75	%			100				7.48	%	0.00
		2,000,000							TO		3,000,000				18				47,275,732							3.91	%			96				7.38	%	0.00
		3,000,000							TO		4,000,000				14				47,813,989							3.96	%			115				7.33	%	0.00
		4,000,000							TO		5,000,000				6				27,780,697							2.30	%			109				7.34	%	0.00
		5,000,000							TO		6,000,000				9				49,573,492							4.10	%			106				7.44	%	0.00
		6,000,000							TO		7,000,000				3				18,875,395							1.56	%			273				7.41	%	0.00
		7,000,000				TO		8,000,000				1				7,983,725							0.66	%			81				7.09	%	0.00
		8,000,000				TO		9,000,000				6				52,308,665							4.33	%			126				7.09	%	0.00
		9,000,000				TO		10,000,000				3				29,017,905							2.40	%			63				6.99	%	0.00
		10,000,000				TO		12,500,000				8				88,202,682							7.30	%			95				7.47	%	0.00
		12,500,000				TO		15,000,000				6				78,621,425							6.51	%			150				7.29	%	0.00
		15,000,000				TO		17,500,000				3				49,505,920							4.10	%			176				7.22	%	0.00
		17,500,000				TO		20,000,000				3				56,305,915							4.66	%			115				7.40	%	0.00
		20,000,000				TO		40,000,000				8				244,495,976							20.24	%			233				7.25	%	0.00
		40,000,000				TO		70,000,000				1				49,902,690							4.13	%			357				7.26	%	0.00
		70,000,000				TO		100,000,000				2				173,286,349							14.35	%			197				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				160,923,355							13.32	%			353				6.75	%	0.00
												112					1,207,775,186					100.00		%
			AVERAGE SCHEDULE BALANCE														10,783,707
			MAXIMUM SCHEDULE BALANCE												160,923,355
			MINIMUM SCHEDULE BALANCE												495,806



CURRENT MORTGAGE
INTEREST RATE

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE

WEIGHTED AVERAGE
TERM COUPON PFY DSCR


										0.000%			TO		6.500%				2							30,045,475						2.49		%						327	6.42	%	0.00
				6.501%			TO		6.625%				1							78,714,094							6.52		%					297		6.57	%		0.00
				6.626%			TO		6.750%				5							302,419,455							25.04		%					232		6.73	%		0.00
				6.751%			TO		6.875%				6							55,548,884							4.60		%					246		6.79	%		0.00
			6.876%			TO		7.000%				9							77,814,618							6.44		%					67		6.92	%		0.00
			7.001%			TO		7.125%				7							54,633,258							4.52		%					91		7.09	%		0.00
			7.126%			TO		7.250%				9							67,273,628							5.57		%					112		7.18	%		0.00
			7.251%			TO		7.375%				15							149,254,284							12.36		%					202		7.31	%		0.00
			7.376%			TO		7.500%				20							153,766,880							12.73		%					223		7.43	%		0.00
			7.501%			TO		7.625%				15							73,204,326							6.06		%					105		7.58	%		0.00
			7.626%			TO		7.750%				15							76,389,783							6.32		%					157		7.70	%		0.00
			7.751%			TO		8.000%				4							72,444,100							6.00		%					224		7.92	%		0.00
			8.001%			TO		8.250%				1							922,505							0.08		%					115		8.04	%		0.00
			8.251%			TO		8.500%				2							13,333,491							1.10		%					61		8.31	%		0.00
			8.501%			&		ABOVE				1							2,010,405							0.17		%					115		8.61	%		0.00
													112					1,207,775,186							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			156,420,682					12.95				%			55				6.98	%		0.00
			76			TO		100					11			62,560,870					5.18				%			81				7.21	%		0.00
			101			TO		125					63			506,878,432					41.97				%			114				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							725,859,984				60.10			%
		MINIMUM REMAINING TERM													52
		MAXIMUM REMAINING TERM													118







	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				5,984,800							0.50		%					116		7.26			%		0.00
			176		TO		275			1				835,583							0.07		%					176		7.88			%		0.00
			276		TO		375			13				475,094,819							39.34		%					345		6.97			%		0.00
			376		&		ABOVE			0				0							0.00		%					0		0.00			%		0.00
										15				481,915,202							39.90		%
																	MINIMUM REMAINING TERM															116
																	MAXIMUM REMAINING TERM														357











	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
	09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.													PAGE 16 OF 25





			ABN AMRO

			LASALLE BANK		N.A.
		*LB-UBS COMMERCIAL MORTGAGE TRUST*
									STATEMENT DATE:				09/17/2002
				*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*							PAYMENT DATE:			09/17/2002
				*SERIES 2002-C2*
											PRIOR PAYMENT:			08/16/2002
											NEXT PAYMENT:			10/18/2002
											RECORD DATE:			08/30/2002
				*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	1,207,775,186					100.00	%			196		7.13	%	0.00
										112			1,207,775,186					100.00	%
			MAXIMUM DSCR			0.000
			MINIMUM DSCR				0.000



GEOGRAPHIC
LOCATION

# OF
LOANS

SCHEDULED
BALANCE

% OF
BALANCE


WAMM WAC PFY DSCR



			FLORIDA			13					257,590,526				21.33		%			323		7.09	%		0.00
			NEW YORK			12					221,999,451				18.38		%			252		7.02	%		0.00
			MASSACHUSETTS			3					124,727,980				10.33		%			167		6.67	%		0.00
			CALIFORNIA			12					112,901,273				9.35		%			80		7.10	%		0.00
			TEXAS			15					56,102,497				4.65		%			112		7.30	%		0.00
			VIRGINIA			6					53,472,987				4.43		%			148		7.30	%		0.00
			DISTRICT OF COLUMBIA			1					49,902,690				4.13		%			357		7.26	%		0.00
			WISCONSIN			4					46,817,457				3.88		%			53		6.90	%		0.00
			MARYLAND			3					34,507,154				2.86		%			131		7.79	%		0.00
			NORTH CAROLINA			11					34,188,069				2.83		%			92		7.67	%		0.00
			PENNSYLVANIA			3					32,324,477				2.68		%			116		7.27	%		0.00
			WASHINGTON			1					25,939,693				2.15		%			116		7.57	%		0.00
			KANSAS			1					23,698,942				1.96		%			115		7.47	%		0.00
			WEST VIRGINIA			1					19,894,174				1.65		%			113		7.14	%		0.00
			DELAWARE			1					16,468,410				1.36		%			117		7.32	%		0.00
			SOUTH CAROLINA			4					13,111,653				1.09		%			112		7.50	%		0.00
			MICHIGAN			2					12,520,506				1.04		%			122		6.97	%		0.00
			GEORGIA			4					11,577,696				0.96		%			116		7.41	%		0.00
			TENNESSEE			1					11,222,366				0.93		%			80		7.37	%		0.00
			NEW JERSEY			1					7,983,725				0.66		%			81		7.09	%		0.00
			MISSISSIPPI			1					6,418,218				0.53		%			113		7.46	%		0.00
			CMBS CERTIFICATE			1					6,338,168				0.52		%			357		7.42	%		0.00
			NEW MEXICO			1					5,778,122				0.48		%			116		7.75	%		0.00
			NEVEDA			1					4,687,076				0.39		%			80		6.96	%		0.00
			CONNECTICUT			2					4,165,976				0.34		%			93		7.22	%		0.00
			OREGON			1					3,102,078				0.26		%			110		7.17	%		0.00
			OKLAHOMA			1					2,881,915				0.24		%			54		6.47	%		0.00
			KENTUCKY			1					2,484,326				0.21		%			111		7.32	%		0.00
			LOUISIANA			2					2,357,112				0.20		%			104		7.66	%		0.00
			COLORADO			1					1,696,148				0.14		%			116		7.65	%		0.00
			OHIO			1					914,321				0.08		%			117		7.48	%		0.00






















						112					1,207,775,186				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						3,171,277				0.26	%			107		7.39	%	0.00
					1.126 1.250					14						156,129,809				12.93	%			159		7.43	%	0.00
					1.251 1.375					54						500,081,450				41.41	%			154		7.29	%	0.00
					1.376 1.500					28						110,852,416				9.18	%			113		7.46	%	0.00
					1.501 1.625					4						10,846,903				0.90	%			93		7.00	%	0.00
					1.626 1.750					4						88,816,083				7.35	%			286		6.67	%	0.00
					1.751 1.875					1						160,923,355				13.32	%			353		6.75	%	0.00
					1.876 2.000					4						136,170,135				11.27	%			176		6.79	%	0.00
					2.001 2.250					0						0				0.00	%			0		0.00	%	0.00
					2.251 2.500					1						27,163,560				2.25	%			356		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	%			353		7.75	%	0.00
											112					1,207,775,186			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
		09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.						PAGE 17 OF 25





		ABN AMRO

		LASALLE BANK		N.A.
	*LB-UBS COMMERCIAL MORTGAGE TRUST*
									STATEMENT DATE:					09/17/2002
						*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*								PAYMENT DATE:				09/17/2002
						*SERIES 2002-C2*
														PRIOR PAYMENT:				08/16/2002
														NEXT PAYMENT:				10/18/2002
														RECORD DATE:				08/30/2002
						*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				542,149,417							44.89		%					205		7.09	%		0.00
		OFFICE				21				341,324,964							28.26		%					251		7.21	%		0.00
		MULTIFAMILY				31				241,912,666							20.03		%					120		6.96	%		0.00
		INDUSTRIAL				5				45,360,895							3.76		%					149		7.63	%		0.00
		SELF STORAGE				13				30,285,859							2.51		%					91		7.67	%		0.00
		MOBILE HOME PARK				2				6,741,385							0.56		%					117		7.57	%		0.00


















							112			1,207,775,186						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				687,859,984					56.95		%			101				7.27	%	0.00
								FULL AMORTIZING						14				468,295,004					38.77		%			342				6.96	%	0.00
								IO MATURITY BALLOON						1				1,200,000					0.10		%			57				6.65	%	0.00
								IO/ AMORTIZATING						1				13,620,198					1.13		%			353				7.75	%	0.00
								IO/AMORTIZING/BALLOON						1				36,800,000					3.05		%			57				6.65	%	0.00




















									112				1,207,775,186			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			153,739,354				12.73		%			55				6.98	%	0.00
			2008					1			2,681,328				0.22		%			65				7.11	%	0.00
			2009					9			58,698,468				4.86		%			80				7.15	%	0.00
			2010					2			3,862,402				0.32		%			98				8.19	%	0.00
			2011					9			59,423,643				4.92		%			107				7.61	%	0.00
			2012					55			453,439,589				37.54		%			115				7.28	%	0.00
			2013 & GREATER					14			475,930,402				39.41		%			345				6.98	%	0.00



								112			1,207,775,186			100.00			%


























	09/13/2002 - 10:20 (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:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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

09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 19 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9030-80-9

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

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 20 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

ABN AMRO ACCT: 67-9030-80-9

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 21 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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..

09/13/2002 - 10:20 (H944-H994) 2002 LASALLE BANK N.A.

PAGE 22 OF 25

ABN AMRO

LASALLE BANK

N.A.

LB-UBS COMMERCIAL MORTGAGE TRUST

STATEMENT DATE:

09/17/2002

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

09/17/2002

SERIES 2002-C2

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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

09/13/2002 - 10:20 (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:

09/17/2002

SERIES 2002-C2

PAYMENT DATE:

09/17/2002

PRIOR PAYMENT:

08/16/2002

NEXT PAYMENT:

10/18/2002

RECORD DATE:

08/30/2002

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.

09/13/2002 - 10:20 (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