8-K 1 jpmc02c3_200301.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: January 13, 2003
(Date of earliest event reported)

J.P. Morgan Chase Commercial Mortgage Securities Corp.,
(as depositor under the Pooling and Servicing Agreement, dated
as of December 23, 2002, relating to the J.P. Morgan Chase Commercial
Mortgage Securities Corp., Commercial Mortgage Pass-Through
Certificates, Series 2002-C3)
(Exact name of registrant as specified in charter)

New York 333-85954 13-3789046
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)

270 Park Avenue, New York, NY 10167
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code (212)834-9280

(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 the holders of J.P. Morgan Chase
Commercial Mortgage Securities Corp., Commercial Mortgage
Pass-Through Certificates Series 2002-C3, which was made on
January 13, 2003.

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

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing Agreement
for distribution on January 13, 2003.

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 thereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN
ITS CAPACITY AS PAYING AGENT UNDER THE
POOLING AND SERVICING AGREEMENT ON
BEHALF OF J.P. MORGAN CHASE COMMERCIAL
MORTGAGE SECURITIES CORP., REGISTRANT

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

Date: January 28, 2003

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

ANDY STREEPEY (312) 904-9387

JAMES MACMILLAN (714) 238-6717

ANDY.STREEPEY@ABNAMRO.COM

JAMES.MACMILLAN@ABNAMRO.COM

PAGE(S)

ISSUE ID:

JPMC02C3

CLOSING DATE:

12/23/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-3

BOND INTEREST RECONCILIATION

PAGE 4

FIRST PAYMENT DATE:

1/13/2003

MONTHLY DATA FILE NAME:

CASH RECONCILIATION SUMMARY

PAGE 5

ASSUMED FINAL PAYMENT: DATE:

7/12/2035

JPMC02C3_200301_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 6

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 7

HISTORICAL COLLATERAL PREPAYMENT

PAGE 8

DELINQUENT LOAN DETAIL

PAGE 9

LOAN LEVEL DETAIL

PAGE 10-13

SPECIALLY SERVICED (PART I) ~ LOAN DETAIL

PAGE 14

SPECIALLY SERVICED LOAN DETAIL (PART II) ~ SERVICER COMMENTS

PAGE 15

MODIFIED LOAN DETAIL

PAGE 16

REALIZED LOSS DETAIL

PAGE 17

APPRAISAL REDUCTION DETAIL

PAGE 18

PARTIES TO THE TRANSACTION

DEPOSITOR: J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

UNDERWRITER: J.P. MORGAN SECURITIES INC

MASTER SERVICER: GMAC COMMERCIAL MORTGAGE CORPORATION

SPECIAL SERVICER: CLARION PARTNERS, LLC

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

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

SERVICER WEB SITE

WWW.GMACCM.COM

LASALLE FACTOR LINE

(800) 246-5761

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

PAGE 1 OF 18





	ABN AMRO

	LASALLE BANK		N.A.
*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.*

										*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																											REVISED DATE:								01/28/2003

										*SERIES 2002-C3*																											PAYMENT DATE:						01/13/2003

WAC:						6.540235%																															PRIOR PAYMENT:							N/A
																																		NEXT PAYMENT:							02/12/2003
WAMM:						186
																																		RECORD DATE:								12/31/2002
										*UPPER-TIER REMIC*
										*ABN AMRO ACCT: 67-9131-60-7*


									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						182,200,000.00					182,200,000.00					623,880.75			0.00			0.00				181,576,119.25				637,700.00					0.00				4.20000000%
	46625MRA9													1000.000000000			3.424153403			0.000000000			0.000000000				996.575846597					3.500000000				0.000000000						FIXED

	A-2						395,432,000.00					395,432,000.00					0.00			0.00			0.00				395,432,000.00				1,645,656.17					0.00				4.99400000%
	46625MRB7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.161666658				0.000000000						FIXED

	X-1						745,331,351.00				N	745,331,351.00					0.00			0.00			0.00				744,707,470.68				75,968.95					0.00				0.12231169%
	46625MRG6													1000.000000000			0.000000000			0.000000000			0.000000000				999.162949044					0.101926412				0.000000000						0.120661638%

	X-2						704,376,000.00				N	704,376,000.00					0.00			0.00			0.00				704,376,000.00				800,927.06					0.00				1.36448782%
	46625MRJ0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					1.137073183				0.000000000						1.364487816%

	B						27,950,000.00					27,950,000.00					0.00			0.00			0.00				27,950,000.00				119,858.92					0.00				5.14600000%
	46625MRC5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.288333453				0.000000000						FIXED

	C						9,316,000.00					9,316,000.00					0.00			0.00			0.00				9,316,000.00				40,485.78					0.00				5.21500000%
	46625MRD3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.345832976				0.000000000						FIXED

	D						24,224,000.00					24,224,000.00					0.00			0.00			0.00				24,224,000.00				107,271.95					0.00				5.31400000%
	46625MRE1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.428333471				0.000000000						FIXED

	E						9,316,000.00					9,316,000.00					0.00			0.00			0.00				9,316,000.00				41,790.02					0.00				5.38300000%
	46625MRF8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.485832976				0.000000000						FIXED

	F						22,360,000.00					22,360,000.00					0.00			0.00			0.00				22,360,000.00				107,524.76					0.00				5.77055983%
	46625MRL5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.808799642				0.000000000						5.770550738%

	G						11,180,000.00					11,180,000.00					0.00			0.00			0.00				11,180,000.00				57,423.83					0.00				6.16355983%
	46625MRN1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.136299642				0.000000000						6.163550738%

	H						14,907,000.00					14,907,000.00					0.00			0.00			0.00				14,907,000.00				62,808.16					0.00				5.05600000%
	46625MRQ4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213333333				0.000000000						5.056000000%

	J						13,043,000.00					13,043,000.00					0.00			0.00			0.00				13,043,000.00				54,954.51					0.00				5.05600000%
	46625MRS0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213333589				0.000000000						5.056000000%

	K						2,795,000.00					2,795,000.00					0.00			0.00			0.00				2,795,000.00				11,776.27					0.00				5.05600000%
	46625MRU5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213334526				0.000000000						5.056000000%

	L						3,727,000.00					3,727,000.00					0.00			0.00			0.00				3,727,000.00				15,703.09					0.00				5.05600000%
	46625MRW1													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213332439				0.000000000						5.056000000%

	M						7,453,000.00					7,453,000.00					0.00			0.00			0.00				7,453,000.00				31,401.97					0.00				5.05600000%
	46625MRY7													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213332886				0.000000000						5.056000000%

	N						4,658,000.00					4,658,000.00					0.00			0.00			0.00				4,658,000.00				19,625.71					0.00				5.05600000%
	46625MSA8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213334049				0.000000000						5.056000000%

	NR						16,770,351.00					16,770,351.00					0.00			0.00			0.00				16,770,351.00				70,659.08					0.00				5.05600000%
	46625MSC4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.213333400				0.000000000						5.056000000%

	R						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				N/A
	9ABSK023													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			745,331,351.00								745,331,351.00				623,880.75			0.00			0.00				744,707,470.25				3,901,536.23					0.00

																										TOTAL P&I PAYMENT				4,525,416.98


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
01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.																																						PAGE 2 OF 18





	ABN AMRO

	LASALLE BANK		N.A.

					*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.*

															*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																																	REVISED DATE:					01/28/2003
																																																PAYMENT DATE:					01/13/2003
															*SERIES 2002-C3*
																																																PRIOR PAYMENT:						N/A
																																NEXT PAYMENT:											02/12/2003
																																RECORD DATE:												12/31/2002


															*ABN AMRO ACCT: 67-9131-60-7*
															*BOND INTEREST RECONCILIATION*


																					DEDUCTIONS																				ADDITIONS
																																REMAINING
															ACCRUAL					PASS						ACCRUED
DEFERRED &

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

				AMOUNT				RECOVERY				SHORTFALLS		ORIGINAL					CURRENT(4)

		A-1					30/360		30	4.200000000%							637,700.00						0.00					0.00					0.00						0.00			0.00				0.00				0.00					637,700.00			637,700.00		0.00		0.00	75.55%	75.62%
		A-2					30/360		30	4.994000000%							1,645,656.17						0.00					0.00					0.00						0.00			0.00				0.00				0.00					1,645,656.17			1,645,656.17		0.00		0.00	22.50%	22.52%
		X-1					30/360		30	0.122311686%							75,968.95						0.00					0.00					0.00						0.00			0.00				0.00				0.00					75,968.95			75,968.95		0.00		0.00	NA	NA
		X-2					30/360		30	1.364487816%							800,927.06						0.00					0.00					0.00						0.00			0.00				0.00				0.00					800,927.06			800,927.06		0.00		0.00	NA	NA
		B					30/360		30	5.146000000%							119,858.92						0.00					0.00					0.00						0.00			0.00				0.00				0.00					119,858.92			119,858.92		0.00		0.00	18.75%	18.77%
		C					30/360		30	5.215000000%							40,485.78						0.00					0.00					0.00						0.00			0.00				0.00				0.00					40,485.78			40,485.78		0.00		0.00	17.50%	17.51%
		D					30/360		30	5.314000000%							107,271.95						0.00					0.00					0.00						0.00			0.00				0.00				0.00					107,271.95			107,271.95		0.00		0.00	14.25%	14.26%
		E					30/360		30	5.383000000%							41,790.02						0.00					0.00					0.00						0.00			0.00				0.00				0.00					41,790.02			41,790.02		0.00		0.00	13.00%	13.01%
		F					30/360		30	5.770559831%							107,524.76						0.00					0.00					0.00						0.00			0.00				0.00				0.00					107,524.76			107,524.76		0.00		0.00	10.00%	10.01%
		G					30/360		30	6.163559831%							57,423.83						0.00					0.00					0.00						0.00			0.00				0.00				0.00					57,423.83			57,423.83		0.00		0.00	8.50%	8.51%
		H					30/360		30	5.056000000%							62,808.16						0.00					0.00					0.00						0.00			0.00				0.00				0.00					62,808.16			62,808.16		0.00		0.00	6.50%	6.51%
		J					30/360		30	5.056000000%							54,954.51						0.00					0.00					0.00						0.00			0.00				0.00				0.00					54,954.51			54,954.51		0.00		0.00	4.75%	4.75%
		K					30/360		30	5.056000000%							11,776.27						0.00					0.00					0.00						0.00			0.00				0.00				0.00					11,776.27			11,776.27		0.00		0.00	4.38%	4.38%
		L					30/360		30	5.056000000%							15,703.09						0.00					0.00					0.00						0.00			0.00				0.00				0.00					15,703.09			15,703.09		0.00		0.00	3.87%	3.88%
		M					30/360		30	5.056000000%							31,401.97						0.00					0.00					0.00						0.00			0.00				0.00				0.00					31,401.97			31,401.97		0.00		0.00	2.88%	2.88%
		N					30/360		30	5.056000000%							19,625.71						0.00					0.00					0.00						0.00			0.00				0.00				0.00					19,625.71			19,625.71		0.00		0.00	2.25%	2.25%
		NR					30/360		30	5.056000000%							70,659.08						0.00					0.00					0.00						0.00			0.00				0.00				0.00					70,659.08			70,659.08		0.00		0.00	NA	NA
		NR							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		0.00	NA	NA
																3,901,536.23						0.00					0.00						0.00				0.00					0.00			0.00						0.00				3,901,536.23		3,901,536.23			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) 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 4 OF 18
	01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.





		ABN AMRO

		LASALLE BANK	N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.*
	*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																									REVISED DATE:					01/28/2003
																									PAYMENT DATE:								01/13/2003
					*SERIES 2002-C3*																									PRIOR PAYMENT:							N/A
																									NEXT PAYMENT:								02/12/2003
																									RECORD DATE:								12/31/2002
					*ABN AMRO ACCT: 67-9131-60-7*


*CASH RECONCILIATION SUMMARY*



				INTEREST SUMMARY								PRINCIPAL SUMMARY																				SERVICING FEE SUMMARY
				CURRENT SCHEDULED INTEREST		3,205,317.53				SCHEDULED PRINCIPAL:
				LESS DEFERRED INTEREST		0.00				CURRENT SCHEDULED PRINCIPAL							471,666.33										CURRENT SERVICING FEES									22,299.35
				LESS PPIS REDUCING SCHEDULED INT		0.00																					PLUS FEES ADVANCED FOR PPIS									0.00
										ADVANCED SCHEDULED PRINCIPAL							152,214.42										LESS REDUCTION FOR PPIS									0.00
				PLUS GROSS ADVANCE INTEREST		850,334.25				SCHEDULED PRINCIPAL										623,880.75
				LESS ASER INTEREST ADV REDUCTION					0.00																		PLUS DELINQUENT SERVICING FEES									6,550.10
				LESS OTHER INTEREST NOT ADVANCED		0.00				UNSCHEDULED PRINCIPAL:
				LESS OTHER ADJUSTMENT		0.00				CURTAILMENTS							0.00											TOTAL SERVICING FEES									28,849.45
										PREPAYMENTS IN FULL							0.00
				TOTAL		4,055,651.78
				UNSCHEDULED INTEREST:						LIQUIDATION PROCEEDS							0.00
										REPURCHASE PROCEEDS							0.00
				PREPAYMENT PENALTIES		0.00
				YIELD MAINTENANCE PENALTIES		0.00				OTHER PRINCIPAL PROCEEDS							0.00
				OTHER INTEREST PROCEEDS		0.00				TOTAL UNSCHEDULED PRINCIPAL											0.00
				TOTAL		0.00				REMITTANCE PRINCIPAL							623,880.75

				LESS FEE PAID TO SERVICER		(22,299.35)					REMITTANCE P&I DUE TRUST								4,657,233.18
				LESS FEE STRIPS PAID BY SERVICER		0.00
											REMITTANCE P&I DUE CERTS							4,525,416.98
				LESS FEES & EXPENSES PAID BY/TO SERVICER																											PPIS SUMMARY
				SPECIAL SERVICING FEES			0.00						POOL BALANCE SUMMARY
				WORKOUT FEES		0.00										BALANCE								COUNT			GROSS PPIS									0.00
				LIQUIDATION FEES		0.00
										BEGINNING POOL				745,331,351.43									87				REDUCED BY PPIE									0.00
				INTEREST DUE SERV ON ADVANCES		0.00				SCHEDULED PRINCIPAL				623,880.75													REDUCED BY SHORTFALLS IN FEES									0.00
				NON RECOVERABLE ADVANCES		0.00				UNSCHEDULED PRINCIPAL				0.00								0					REDUCED BY OTHER AMOUNTS									0.00
				MISC. FEES & EXPENSES		0.00				DEFERRED INTEREST				0.00
										LIQUIDATIONS				0.00								0					PPIS REDUCING SCHEDULED INTEREST									0.00
																									PPIS REDUCING SERVICING FEE									0.00
				TOTAL UNSCHEDULED FEES & EXPENSES		0.00				REPURCHASES				0.00								0
				TOTAL INTEREST DUE TRUST		4,033,352.43				ENDING POOL					744,707,470.68							87						PPIS DUE CERTIFICATE									0.00
				LESS FEES & EXPENSES PAID BY/TO TRUST																										ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)
																									PRINCIPAL			INTEREST
				TRUSTEE FEE		(1,764.99)
				FEE STRIPS		0.00																							PRIOR OUTSTANDING					0.00							0.00
				MISC. FEES		0.00
				INTEREST RESERVE WITHHOLDING		(130,051.21)																							PLUS CURRENT PERIOD					152,214.42					850,334.25
				PLUS INTEREST RESERVE DEPOSIT		0.00																							LESS RECOVERED					0.00						0.00
				TOTAL				(131,816.19)																					LESS NON RECOVERED					0.00						0.00
																									ENDING OUTSTANDING			152,214.42							850,334.25
				TOTAL INTEREST DUE CERTS		3,901,536.23


		01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.																																				PAGE 5 OF 18





		ABN AMRO

		LASALLE BANK		N.A.
		*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.*

																																	REVISED DATE:							01/28/2003
												*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																															PAYMENT DATE:							01/13/2003
																																											*SERIES 2002-C3*
												PRIOR PAYMENT:									N/A
																																	NEXT PAYMENT:								02/12/2003
																																	RECORD DATE:									12/31/2002

												*ABN AMRO ACCT: 67-9131-60-7*

												*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


					1/13/03		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
				01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.																																											PAGE 6 OF 18

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

REVISED DATE:

01/28/2003

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

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

# AMOUNT

# BALANCE

# AMOUNT

LIFE

AMORT

COUPON REMIT

1/13/03

744,707,471

186

340

6.54%

6.28%

100.00%

99.92%

0.00%

(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.

PAGE 7 OF 18

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

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 8 OF 18

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.





	ABN AMRO

	LASALLE BANK	N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.*
																REVISED DATE:	01/28/2003
								*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*											PAYMENT DATE:		01/13/2003
																			PRIOR PAYMENT:			N/A
								*SERIES 2002-C3*
																			NEXT PAYMENT:				02/12/2003
																			RECORD DATE:					12/31/2002

								*ABN AMRO ACCT: 67-9131-60-7*
							*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		12/1/02			131,143.34		131,143.34	0.00			B
				9		12/1/02			124,271.45		124,271.45	0.00			B
				14		12/1/02			93,872.55		93,872.55	0.00			B
				23		12/1/02			71,083.31		71,083.31	0.00			B
				24		12/1/02			58,775.48		58,775.48	0.00			B
				31		12/1/02			48,749.84		48,749.84	0.00			B
				33		12/1/02			45,406.18		45,406.18	0.00			B
				37		12/1/02			42,859.32		42,859.32	0.00			B
				40		12/1/02			41,298.83		41,298.83	0.00			B
				42		12/1/02			35,254.73		35,254.73	0.00			B
				49		12/1/02			34,970.45		34,970.45	0.00			B
				51		12/1/02			27,707.61		27,707.61	0.00			B
				52		12/1/02			32,689.95		32,689.95	0.00			B
				54		12/1/02			27,515.53		27,515.53	0.00			B
				56		12/1/02			25,423.10		25,423.10	0.00			B
				59		12/1/02			25,414.66		25,414.66	0.00			B
				60		12/1/02			25,221.67		25,221.67	0.00			B
				61		12/1/02			22,722.26		22,722.26	0.00			B
				65		12/1/02			21,455.32		21,455.32	0.00			B
				66		12/1/02			18,646.66		18,646.66	0.00			B
				72		12/1/02			16,051.51		16,051.51	0.00			B
				78		12/1/02			12,764.29		12,764.29	0.00			B
				82		12/1/02			10,873.04		10,873.04	0.00			B
				85		12/1/02			8,377.59		8,377.59	0.00			B
					TOTAL				1,002,548.67		1,002,548.67
			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

		01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.																		PAGE 9 OF 18





		ABN AMRO

		LASALLE BANK	N.A.
	*J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.*
																			REVISED DATE:			01/28/2003
						*COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES*																PAYMENT DATE:				01/13/2003
						*SERIES 2002-C3*																PRIOR PAYMENT:					N/A
																					NEXT PAYMENT:			02/12/2003
																					RECORD DATE:				12/31/2002

						*ABN AMRO ACCT: 67-9131-60-7*

						*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)



				1			MULTIFAMILY		5/1/12	0.00				41,242,962	7.35000%			285,472
				2			INDUSTRIAL		10/10/12	0.00		NY		37,610,474	6.04400%			227,158
				3			OFFICE		12/1/32	0.00		OH		34,974,679	6.50000%			221,224
				4			RETAIL		10/10/12	0.00		SC		30,073,328	6.20000%			184,659
				5			RETAIL		9/1/12	0.00		VA		27,298,587	6.55000%			205,982
				6			RETAIL		1/1/13	0.00		MO		25,300,000	5.54000%			0
				7			OFFICE		12/1/32	0.00		NY		21,981,766	6.00000%			131,901										B
				8			OFFICE		10/1/09	0.00		VA		21,439,926	5.80000%			126,152
				9			RETAIL		12/1/12	0.00		NH		20,388,966	6.20000%			124,974										B
				10			OFFICE		11/1/32	0.00		NJ		19,327,654	6.40000%			121,098
				11			RETAIL		9/1/32	0.00		FL		18,736,838	6.40000%			117,595
				12			CONDO - HIGH FACILITY		1/1/13	0.00		NJ		14,900,000	6.55000%			0
				13			MULTIFAMILY		10/1/32	0.00		AR		14,206,014	6.00000%			85,400
				14			INDUSTRIAL		11/1/12	0.00		MD		13,964,907	6.48000%			94,354										B
				15			OFFICE		5/1/12	0.00		WA		13,796,079	7.01000%			92,404
				16			MULTIFAMILY		12/1/12	0.00		IN		13,187,386	5.44100%			74,460
				17			OFFICE		12/1/27	0.00		NY		12,985,744	6.75000%			89,819
				18			MULTIFAMILY		10/1/12	0.00		WI		12,976,640	6.20000%			81,458
				19			MULTIFAMILY		10/1/32	0.00		AR		11,728,639	6.00000%			70,507
				20			OFFICE		10/1/07	0.00		NY		11,057,005	6.20000%			72,881
				21			OFFICE		1/1/33	0.00		IL		11,000,000	6.76000%			0
				22			INDUSTRIAL		11/1/32	0.00		FL		10,481,259	6.11000%			63,697
				23			OFFICE		9/1/32	0.00		MI		10,371,952	7.32000%			71,441										B
				24			OFFICE		11/1/12	0.00		MD		9,981,335	5.91000%			59,378										B
				25			RETAIL		11/1/12	0.00		IL		9,832,773	6.20000%			60,328
				26			RETAIL		12/1/12	0.00		IL		9,517,250	6.07000%			57,537
				27			RETAIL		11/1/32	0.00		NJ		8,984,963	6.40000%			56,296
				28			MULTIFAMILY		12/1/12	0.00		OH		8,692,306	5.75000%			50,771
				29			RETAIL		7/1/07	0.00		CA		8,400,000	6.64000%			48,029
				30			OFFICE		12/1/32	0.00		NV		8,143,682	6.25000%			50,181
				31			MULTIFAMILY		12/1/12	0.00		MS		7,913,943	6.30000%			49,023										B
				32			MULTIFAMILY		10/1/32	0.00		AR		7,615,637	6.00000%			45,782
				33			RETAIL		12/1/12	0.00		CA		7,394,356	6.31000%			45,852										B
				34			OFFICE		10/1/12	0.00		NJ		7,383,980	6.85000%			48,489
				35			RETAIL		11/1/12	0.00		MI		7,186,828	6.00000%			43,168
				36			INDUSTRIAL		12/1/32	0.00		NJ		6,994,632	6.29000%			43,282
				37			RETAIL		11/1/32	0.00		NY		6,987,896	6.25000%			43,100										B
				38			RETAIL		6/1/12	0.00		TX		6,919,298	7.81000%			57,726
				39			RETAIL		10/1/12	0.00		CA		6,584,010	6.40000%			41,283
				40			MULTIFAMILY		12/1/27	0.00		FL		6,491,557	5.91000%			41,523										B
				41			INDUSTRIAL		10/1/09	0.00		CA		6,283,199	6.00000%			37,772
				42			MULTIFAMILY		12/1/12	0.00		FL		6,194,376	5.65000%			35,789										B
				43			RETAIL		9/1/17	0.00		FL		5,881,295	6.65000%			37,876
				44			OFFICE		12/1/32	0.00		MS		5,595,456	6.08000%			33,863
				45			RETAIL		12/1/12	0.00		TN		5,245,819	6.15000%			31,984
				46			RETAIL		11/1/12	0.00		GA		4,992,303	6.75000%			32,430
				47			RETAIL		9/1/12	0.00		NY		4,989,176	6.85000%			32,763
				48			RETAIL		9/1/12	0.00		CA		4,982,616	6.25000%			30,786
				49			RETAIL		12/1/22	0.00		TX		4,875,311	6.05000%			35,139										B
				50			MULTIFAMILY		11/1/12	0.00		GA		4,775,849	5.80000%			28,076
				51			MULTIFAMILY		12/1/12	0.00		OH		4,596,336	6.15000%			28,025										B
				52			MULTIFAMILY		11/1/22	0.00		GA		4,422,414	6.40000%			32,843										B
				53			RETAIL		12/1/12	0.00		NY		4,396,217	5.86000%			25,986
				54			MULTIFAMILY		7/1/12	0.00		TX		4,378,770	6.45000%			27,666										B
				55			RETAIL		12/1/12	0.00		MD		4,371,888	6.56000%			27,826
				56			RETAIL		11/1/12	0.00		NJ		4,321,828	5.86000%			25,572										B
				57			RETAIL		10/1/12	0.00		LA		4,284,675	6.65000%			29,438
				58			RETAIL		6/1/12	0.00		TX		4,151,579	7.81000%			34,635
				59			MULTIFAMILY		12/1/27	0.00		FL		3,994,804	5.91000%			25,552										B
				60			RETAIL		11/1/12	0.00		KY		3,943,774	6.65000%			25,358										B
				61			RETAIL		11/1/12	0.00		OH		3,862,696	5.86000%			22,855										B
				62			INDUSTRIAL		12/1/12	0.00		MA		3,795,530	6.41000%			25,445
				63			RETAIL		11/1/12	0.00		OH		3,488,874	6.19000%			21,383
				64			RETAIL		11/1/12	0.00		OH		3,353,989	6.10000%			20,361
				65			RETAIL		12/1/12	0.00		TX		3,327,789	6.05000%			21,570										B
				66			MULTIFAMILY		11/1/12	0.00		IL		3,139,182	5.95000%			18,755										B
				67			RETAIL		8/1/22	0.00		NC		2,973,849	7.33000%			23,857
				68			RETAIL		12/1/12	0.00		NJ		2,798,674	7.85000%			20,253
				69			MULTIFAMILY		11/1/12	0.00		GA		2,769,693	5.80000%			16,282
				70			MULTIFAMILY		11/1/12	0.00		GA		2,647,507	5.80000%			16,783
				71			RETAIL		11/1/07	0.00		GA		2,600,000	5.19000%			11,620
				72			RETAIL		9/1/09	0.00		LA		2,442,679	6.90000%			16,136										B
				73			MULTIFAMILY		11/1/12	0.00		GA		2,395,410	5.80000%			14,082
				74			OFFICE		12/1/12	0.00		TX		2,360,791	6.50000%			14,933
				75			MULTIFAMILY		10/1/12	0.00		PA		2,291,333	6.35000%			15,315
				76			INDUSTRIAL		10/1/12	0.00		CA		2,266,892	6.65000%			15,575
				77			SELF STORAGE		9/1/22	0.00		CA		2,243,038	6.85000%			17,319
				78			MULTIFAMILY		12/1/12	0.00		KY		2,158,210	6.00000%			12,950										B
				79			OFFICE		12/1/12	0.00		IL		2,078,226	5.89000%			12,324
				80			SELF STORAGE		10/1/22	0.00		CA		1,852,723	6.85000%			14,277
				81			OFFICE		11/1/12	0.00		CT		1,745,431	6.25000%			11,544
				82			MULTIFAMILY		12/1/12	0.00		GA		1,521,954	6.00000%			10,926										B
				83			RETAIL		11/1/12	0.00		TX		1,346,445	6.20000%			8,864
				84			RETAIL		11/1/12	0.00		TX		1,246,708	6.20000%			8,207
				85			MULTIFAMILY		12/1/12	0.00		GA		1,172,653	6.00000%			8,418										B
				86			MULTIFAMILY		11/1/12	0.00		GA		1,096,895	5.80000%			6,953
				87			RETAIL		11/1/12	0.00		TX		997,366	6.20000%			6,566
													744,707,471				4,417,315			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
			01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.																				PAGE 10 OF 18

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

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

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

PAGE 14 OF 18

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

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

DISCLOSURE

CONTROL #

RESOLUTION

STRATEGY

COMMENTS

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

PAGE 15 OF 18

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

PAGE 16 OF 18

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

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..

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

PAGE 17 OF 18

ABN AMRO

LASALLE BANK

N.A.

J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.

REVISED DATE:

01/28/2003

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

01/13/2003

SERIES 2002-C3

PRIOR PAYMENT:

N/A

NEXT PAYMENT:

02/12/2003

RECORD DATE:

12/31/2002

ABN AMRO ACCT: 67-9131-60-7

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

01/28/2003 - 08:59 (K005-K023) 2003 LASALLE BANK N.A.

PAGE 18 OF 18

Filing Compare · JP MORGAN CHASE COM MORT SEC CORP PT CERTS SERIES 02 C3