UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~April~~June 15, 2004

First Union Commercial Mortgage Securities, Inc. (as depositor under the Pooling and Servicing Agreement, dated as of August 15, 2001, relating to the First Union National Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2001-C3)
(Exact name of registrant as specified in its charter)

North Carolina
(State or other jurisdiction
of incorporation)

333-53266-03
(Commission
File Number)

56-1643598
(IRS Employer
Identification No.)

201 South College Street, Charlotte, North Carolina
(Address of principal executive offices)

28288-0166
(Zip Code)

Registrant's telephone number, including area code 704-374-6161

(Former name or former address, if changed since last report.)

Item 5. Other Events and Regulation FD Disclosure.

This current report on Form 8-K relates to the monthly distribution reported to the holders of First Union National Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2001-C3, which was made on ~~April~~June 15, 2004.

Item 7. Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to Section 4.02 of the Pooling and Servicing Agreement for the distribution on ~~April~~June 15, 2004. (Exhibit No. Description)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS PAYING AGENT UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF FIRST UNION COMMERCIAL MORTGAGE SECURITIES, INC., REGISTRANT

Date: ~~April~~June 2017, 2004 By: /s/ Russell Goldenberg Russell Goldenberg Group Senior Vice President

First Union Commercial Mortgage Securities, Inc. Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Reporting Package Table of Contents Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Administrator:Laura Kocha-Chaddha 312.904.0648laura.kocha.chaddha@abnamro.com Analyst:Steve Fernandez 714.238.6704 Steve.Fernandez@abnamro.com Statement Date: 135 S. LaSalle Street, Suite 1625Chicago, IL 60603USA Statements to CertificateholdersCash Reconciliation SummaryShortfall Summary ReportBond Interest Reconciliation Asset-Backed Facts ~ 15 Month Loan Status Summary Asset-Backed Facts ~ 15 Month Payoff/Loss SummaryDelinquent Loan Detail Mortgage Loan CharacteristicsLoan Level DetailSpecially Serviced (Part I) ~ Loan Detail Page 2-5Page 6Page 7Page 8 Page 9 Page 10Page 11 Page 12-14Page 15-20 Page 21 Specially Serviced Loan Detail (Part II) ~ Servicer Comments Modified Loan DetailRealized Loss Detail Page 22 Page 23Page 24 Page(s) Information is available for this issue from the following sources Issue Id: Monthly Data FileName: FUNB01C3 FUNB01C3_200404_3.ZIP Closing Date: First Payment Date: Rated Final Payment: Date: 21-Aug-0117-Sep-01 15-Aug-11 Parties to The Transaction Issuer: Wachovia Bank, National Association Depositor: First Union National Bank Underwriter: ABN AMRO Incorporated/Deutsche Banc Alex. Brown Master Servicer: Wachovia Bank, National Association Special Servicer: Lennar Partners, Inc. Rating Agency: Fitch, Inc./Fitch Ratings/Standard & Poor's Rating Services 800.246.5761 LaSalle Factor Line LaSalle Web SiteServicer Web Site www.wachovia.com www.etrustee.net Page 1 of 24 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 7.707890% 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 First Union Commercial Mortgage Securities, Inc. Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 82 REMIC II Statement Date: ABN AMRO Acct: 720357.2 486.152056000 13.369431600 0.000000000 472.782624400 2.105038400 Fixed 0.00 0.00 0.000000000 5.19600000% 0.000000000 33736XCT4 A-1 50,000,000.00 24,307,602.80 668,471.58 0.00 23,639,131.22 105,251.92 1000.000000000 0.000000000 0.000000000 1000.000000000 5.150000000 Fixed 0.00 0.00 0.000000000 6.18000000% 0.000000000 33736XCU1 A-2 139,853,000.00 139,853,000.00 0.00 0.00 139,853,000.00 720,242.95 1000.000000000 0.000000000 0.000000000 1000.000000000 5.352500006 Fixed 0.00 0.00 0.000000000 6.42300000% 0.000000000 33736XCV9 A-3 435,531,000.00 435,531,000.00 0.00 0.00 435,531,000.00 2,331,179.68 1000.000000000 0.000000000 0.000000000 1000.000000000 5.473333333 Fixed 0.00 0.00 0.000000000 6.56800000% 0.000000000 33736XCW7 B 33,777,000.00 33,777,000.00 0.00 0.00 33,777,000.00 184,872.78 1000.000000000 0.000000000 0.000000000 1000.000000000 5.532500204 Fixed 0.00 0.00 0.000000000 6.63900000% 0.000000000 33736XCX5 C 12,283,000.00 12,283,000.00 0.00 0.00 12,283,000.00 67,955.70 1000.000000000 0.000000000 0.000000000 1000.000000000 5.600000000 Fixed 0.00 0.00 0.000000000 6.72000000% 0.000000000 33736XCY3 D 23,541,000.00 23,541,000.00 0.00 0.00 23,541,000.00 131,829.60 1000.000000000 0.000000000 0.000000000 1000.000000000 5.690000000 Fixed 0.00 0.00 0.000000000 6.82800000% 0.000000000 33736XCZ0 E 11,259,000.00 11,259,000.00 0.00 0.00 11,259,000.00 64,063.71 1000.000000000 0.000000000 0.000000000 1000.000000000 6.000833673 7.201000000% 0.00 0.00 0.000000000 7.20100000% 0.000000000 33736XDE6 F 12,283,000.00 12,283,000.00 0.00 0.00 12,283,000.00 73,708.24 1000.000000000 0.000000000 0.000000000 1000.000000000 6.082500407 7.299000000% 0.00 0.00 0.000000000 7.29900000% 0.000000000 33736XDG1 G 12,282,000.00 12,282,000.00 0.00 0.00 12,282,000.00 74,705.27 1000.000000000 0.000000000 0.000000000 1000.000000000 6.379354392 7.407638261% 0.00 0.00 0.000000000 7.65522515% 0.000000000 33736XDJ5 H 12,283,000.00 12,283,000.00 0.00 0.00 12,283,000.00 78,357.61 1000.000000000 0.000000000 0.000000000 1000.000000000 5.129166802 Fixed 0.00 0.00 0.000000000 6.15500000% 0.000000000 33736XDL0 J 18,423,000.00 18,423,000.00 0.00 0.00 18,423,000.00 94,494.64 1000.000000000 0.000000000 0.000000000 1000.000000000 5.129166783 Fixed 0.00 0.00 0.000000000 6.15500000% 0.000000000 33736XDN6 K 14,330,000.00 14,330,000.00 0.00 0.00 14,330,000.00 73,500.96 1000.000000000 0.000000000 0.000000000 1000.000000000 5.129166260 Fixed 0.00 0.00 0.000000000 6.15500000% 0.000000000 33736XDQ9 L 6,141,000.00 6,141,000.00 0.00 0.00 6,141,000.00 31,498.21 1000.000000000 0.000000000 0.000000000 1000.000000000 5.129167074 Fixed 0.00 0.00 0.000000000 6.15500000% 0.000000000 33736XDS5 M 4,094,000.00 4,094,000.00 0.00 0.00 4,094,000.00 20,998.81 1000.000000000 0.000000000 0.000000000 1000.000000000 5.129166395 Fixed 0.00 0.00 0.000000000 6.15500000% 0.000000000 33736XDU0 N 6,142,000.00 6,142,000.00 0.00 0.00 6,142,000.00 31,503.34 1000.000000000 0.000000000 0.000000000 1000.000000000 5.129167074 Fixed 0.00 0.00 0.000000000 6.15500000% 0.000000000 33736XDW6 O 4,094,000.00 4,094,000.00 0.00 0.00 4,094,000.00 20,998.81 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 2 of 24 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 Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 7.707890% 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 First Union Commercial Mortgage Securities, Inc. Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 82 REMIC II Statement Date: ABN AMRO Acct: 720357.2 1000.000000000 0.000000000 0.000000000 1000.000000000 4.844667764 Fixed 0.00 ) (6,406.41 ) (0.284498990 6.15500000% 0.000000000 33736XDY2 P 22,518,217.00 22,518,217.00 0.00 0.00 22,518,217.00 109,093.28 968.623200317 0.000000000 0.000000000 967.806830451 0.497709575 0.518051048% 0.00 0.00 0.000000000 0.61659838% 0.000000000 N 33736XDA4 IO-I 818,834,217.00 793,141,819.80 0.00 0.00 792,473,348.22 407,541.63 1000.000000000 0.000000000 0.000000000 1000.000000000 0.919271747 0.855375099% 0.00 0.00 0.000000000 1.10312610% 0.000000000 N 33736XDC0 IO-II 469,425,000.00 469,425,000.00 0.00 0.00 469,425,000.00 431,529.14 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSG2922 R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSG2930 R-II 0.00 0.00 0.00 0.00 0.00 0.00 Total P&I Payment 0.00 ) (6,406.41 818,834,217.00 793,141,819.80 5,721,797.86 Total 792,473,348.22 668,471.58 0.00 5,053,326.28 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 3 of 24 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 Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 7.707890% 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 First Union Commercial Mortgage Securities, Inc. Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 82 Grantor Trust Statement Date: ABN AMRO Acct: 720357.2 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSG2948 Z-I 0.00 0.00 0.00 0.00 0.00 0.00 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSG2955 Z-II 0.00 0.00 0.00 0.00 0.00 0.00 Total P&I Payment 0.00 0.00 0.00 0.00 0.00 Total 0.00 0.00 0.00 0.00 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 4 of 24 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 Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 7.707890% 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 First Union Commercial Mortgage Securities, Inc. Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 82 Companion Statement Date: ABN AMRO Acct: 720357.2 1196.936093133 0.000000000 0.000000000 1203.893836411 0.000000000 Fixed 5,209.21 5,209.21 6.957743277 6.88960000% 6.957743277 COMP-I 748,692.47 896,137.04 0.00 0.00 901,346.25 0.00 1196.936128877 0.000000000 0.000000000 1203.893865700 0.000000000 Fixed 4,599.53 4,599.53 6.957736824 6.88960000% 6.957736824 COMP-II 661,066.97 791,254.94 0.00 0.00 795,854.47 0.00 1193.153558667 0.000000000 0.000000000 1199.966950085 0.000000000 Fixed 3,451.44 3,451.44 6.813391418 6.76760000% 6.813391418 COMP-III 506,567.11 604,412.35 0.00 0.00 607,863.79 0.00 Total P&I Payment 13,260.18 13,260.18 1,916,326.55 2,291,804.33 0.00 Total 2,305,064.51 0.00 0.00 0.00 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 5 of 24 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 First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Statement Date: Cash Reconciliation Summary Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 4,790,227.54 ) (13,260.18 0.00 Less ASER Interest Adv Reduction 0.00 Less Other Adjustment 0.00 Total 5,093,148.98 Unscheduled Interest:Prepayment Penalties 0.00 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 0.00 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer Special Servicing Fees Interest Due Serv on Advances Recoup of Prior Advances Misc. Fees & Expenses Total Unscheduled Fees & ExpensesTotal Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeFee StripsMisc. FeesInterest Reserve Withholding Plus Interest Reserve DepositTotal Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior OutstandingPlus Current PeriodLess Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other Amounts PPIS Reducing ScheduledInterest PPIS Reducing Servicing FeePPIS Due Certificate 0.00 ) (2,820.42 0.000.00 0.00 ) (6,406.41 5,054,912.55 ) (1,586.28 0.000.000.00 ) (1,586.28 631,353.46 37,118.12 668,471.58 0.000.000.000.000.000.00 668,471.58 5,723,384.13 5,721,797.85 795,444,659.27 127 668,471.58 0.00 0 13,260.18 0.00 0 0.00 0 794,789,447.87 127 49,273.33 299,927.30 37,118.12 316,181.62 50,200.19 422,367.09 31,830.02 0.000.00 2,924.31 34,754.33 0.000.000.000.000.000.00 0.00 Advance Summary (Advance Made by Servicer) ) (31,830.02 5,053,326.27 Interest Not Advanced ( Current Period ) 0.00 316,181.62 Workout FeesLiquidation Fees 0.00 ) (3,585.99 Less Non Recovered ) (193,741.83 ) (36,191.26 0.00 0.00 0.00 Page 6 of 24 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Interest Adjustments Summary Statement Date: 0.00 3,585.99 2,820.42 0.00 Net Prepayment Interest Shortfalls Allocated to the Bonds Special Servicing Fees Workout Fees Liquidation Fees Legal Fees 0.00 0.00 Misc. Fees & Expenses Paid by/to Servicer Interest Paid to Servicer on Outstanding Advances 0.00 0.00 ASER Interest Advance Reduction Interest Not Advanced (Current Period) Recoup of Prior Advances by Servicer 0.00 0.00 Servicing Fees Paid Servicer on Loans Not Advanced Misc. Fees & Expenses Paid by Trust 0.00 0.00 0.00 Shortfall Due to Rate Modification Total Shortfall Allocated to the Bonds Total Interest Adjustment to the Bonds 6,406.41 Shortfall Allocated to the Bonds: Excess Allocated to the Bonds: Other Interest Proceeds Due the Bonds 0.00 Yield Maintenance Penalties Due the Bonds Prepayment Penalties Due the Bonds Recovered ASER Interest Due the Bonds Recovered Interest Due the Bonds Less Total Shortfall Allocated to the Bonds Total Excess Allocated to the Bonds 0.00 0.00 Total Excess Allocated to the Bonds ) (6,406.41 ) (6,406.41 Aggregate Interest Adjustment Allocated to the Bonds 0.00 0.00 0.00 0.00 Prepayment Interest Excess Due the Bonds 0.00 ARD Excess Interest 0.00 Other Interest Loss 0.00 Page 7 of 24 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Class Accrued Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Bond Interest Reconciliation Deductions Allocable Deferred & Prior Prepay- Other Additions Interest Credit Support Original Current(4) Accrual Int. Short- falls Due ment Interest Interest (2) Payment Amount PPIS Interest Certificate Accretion Interest Loss/Exp Interest Penalties Proceeds (1) Interest Shortfalls Certificate Rate Pass Thru Method Days Outstanding Remaining Statement Date: Distributable Current Period (Shortfall)/ Recovery Int Accrual on Prior Shortfall (3) 0.00 0.00 0.00 0.00 0.00 A-1 30 105,251.92 105,251.92 105,251.92 0.00 23.63% 24.41% 30/360 5.196000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-2 30 720,242.95 720,242.95 720,242.95 0.00 23.63% 24.41% 30/360 6.180000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-3 30 2,331,179.68 2,331,179.68 2,331,179.68 0.00 23.63% 24.41% 30/360 6.423000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B 30 184,872.78 184,872.78 184,872.78 0.00 19.50% 20.15% 30/360 6.568000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 C 30 67,955.70 67,955.70 67,955.70 0.00 18.00% 18.60% 30/360 6.639000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 30 131,829.60 131,829.60 131,829.60 0.00 15.13% 15.63% 30/360 6.720000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E 30 64,063.71 64,063.71 64,063.71 0.00 13.75% 14.21% 30/360 6.828000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 F 30 73,708.24 73,708.24 73,708.24 0.00 12.25% 12.66% 30/360 7.201000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 G 30 74,705.27 74,705.27 74,705.27 0.00 10.75% 11.11% 30/360 7.299000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 H 30 78,357.61 78,357.61 78,357.61 0.00 9.25% 9.56% 30/360 7.655225154% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 J 30 94,494.64 94,494.64 94,494.64 0.00 7.00% 7.23% 30/360 6.155000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 K 30 73,500.96 73,500.96 73,500.96 0.00 5.25% 5.42% 30/360 6.155000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L 30 31,498.21 31,498.21 31,498.21 0.00 4.50% 4.65% 30/360 6.155000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 M 30 20,998.81 20,998.81 20,998.81 0.00 4.00% 4.13% 30/360 6.155000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N 30 31,503.34 31,503.34 31,503.34 0.00 3.25% 3.36% 30/360 6.155000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 O 30 20,998.81 20,998.81 20,998.81 0.00 2.75% 2.84% 30/360 6.155000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P 30 115,499.69 201,432.45 109,093.28 92,339.17 0.00% 0.00% 30/360 6.155000000% ) (6,406.41 85,932.76 0.00 0.00 0.00 0.00 0.00 0.00 IO-I 30 407,541.63 407,541.63 407,541.63 0.00 NA NA 30/360 0.616598381% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 IO-II 30 431,529.14 431,529.14 431,529.14 0.00 NA NA 30/360 1.103126099% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Z-I 30 0.00 0.00 0.00 0.00 NA NA 30/360 0.000000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Z-II 30 0.00 0.00 0.00 0.00 NA NA 30/360 0.000000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,059,732.69 5,145,665.45 5,053,326.28 92,339.17 ) (6,406.41 85,932.76 0.00 (2) Accrued - Deductions + Additions Interest (3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable. 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 8 of 24 (1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest. (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). First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 Asset-Backed Facts ~ 15 Month Historical Loan Status Summary 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 Delinquency Aging Categories Special Event Categories (1) Statement Date: ABN AMRO Acct: 720357.2 0.00% 0.00% 0.00% 0.00% 1 0.79% 1,405,669 0.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.15% 1.54% 15-Apr-04 0 0 0 0 0 0 0 0 0 0 4 12,223,204 0 0 0.79% 0.16% 0.00% 0.00% 1 0.79% 1,406,659 0.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.15% 1.54% 15-Mar-04 1 1,306,838 0 0 0 0 0 0 0 0 4 12,231,173 0 0 0.78% 0.16% 0.00% 0.00% 2 1.56% 5,824,824 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.91% 2.08% 17-Feb-04 1 1,308,287 0 0 0 0 0 0 0 0 5 16,661,170 0 0 0.00% 0.00% 0.78% 0.16% 2 1.56% 5,828,155 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.91% 2.08% 15-Jan-04 0 0 1 1,309,175 0 0 0 0 0 0 5 16,671,347 0 0 0.78% 0.16% 0.00% 0.00% 2 1.56% 5,831,463 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.13% 1.95% 15-Dec-03 1 1,310,058 0 0 0 0 0 0 0 0 4 15,617,709 0 0 0.78% 0.13% 0.78% 0.16% 2 1.56% 5,836,057 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.91% 2.11% 17-Nov-03 1 1,065,024 1 1,311,210 0 0 0 0 0 0 5 16,941,442 0 0 0.00% 0.00% 1.56% 0.68% 2 1.56% 5,839,310 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.13% 1.41% 15-Oct-03 0 0 2 5,473,582 0 0 0 0 0 0 4 11,312,892 0 0 1.56% 0.68% 0.00% 0.00% 2 1.56% 5,843,852 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.34% 0.89% 15-Sep-03 2 5,477,803 0 0 0 0 0 0 0 0 3 7,157,071 0 0 0.78% 0.16% 0.00% 0.00% 2 1.56% 5,847,051 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.34% 0.89% 15-Aug-03 1 1,314,076 0 0 0 0 0 0 0 0 3 7,161,127 0 0 0.00% 0.00% 0.00% 0.00% 2 1.56% 5,850,228 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.34% 0.89% 15-Jul-03 0 0 0 0 0 0 0 0 0 0 3 7,165,155 0 0 0.00% 0.00% 0.00% 0.00% 2 1.56% 5,854,697 0.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.56% 0.73% 16-Jun-03 0 0 0 0 0 0 0 0 0 0 2 5,854,697 0 0 0.78% 0.16% 0.78% 0.18% 1 0.78% 4,440,193 0.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.56% 0.71% 15-May-03 1 1,316,887 1 1,417,628 0 0 0 0 0 0 2 5,757,080 0 0 0.00% 0.00% 0.78% 0.55% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 15-Apr-03 0 0 1 4,443,404 0 0 0 0 0 0 0 0 0 0 1.56% 0.71% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Mar-03 2 5,764,390 0 0 0 0 0 0 0 0 0 0 0 0 0.78% 0.55% 0.78% 0.16% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Feb-03 1 4,450,790 1 1,320,475 0 0 0 0 0 0 0 0 0 0 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 9 of 24 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Series 2001-C3 Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary Distribution Date Ending Pool (1) Payoffs(2) Penalties Appraisal Reduct. (2) Liquidations (2) Realized Losses (2) Remaining Term Curr Weighted Avg. # Balance # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Amort ABN AMRO Acct: 720357.2 Commercial Mortgage Pass-Through Certificates 15-Apr-04 127 101.60% 794,789,448 97.06% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 82 315 7.71% 7.65% 0 0 0 0 15-Mar-04 127 101.60% 795,444,659 97.14% 0.78% 0.55% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 83 316 7.47% 7.41% 1 357,924 1 4,412,179 17-Feb-04 128 102.40% 800,837,888 97.80% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 84 317 7.47% 7.41% 0 0 0 0 15-Jan-04 128 102.40% 801,485,034 97.88% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 85 318 7.71% 7.66% 0 0 0 0 15-Dec-03 128 102.40% 802,127,148 97.96% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 86 319 7.47% 7.41% 0 0 0 0 17-Nov-03 128 102.40% 802,929,403 98.06% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 87 320 7.71% 7.66% 0 0 0 0 15-Oct-03 128 102.40% 803,562,292 98.13% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 88 321 7.47% 7.41% 0 0 0 0 15-Sep-03 128 102.40% 804,342,790 98.23% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 89 322 7.71% 7.66% 0 0 0 0 15-Aug-03 128 102.40% 804,956,656 98.31% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 90 323 7.71% 7.66% 0 0 0 0 15-Jul-03 128 102.40% 806,205,981 98.46% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 91 324 7.47% 7.41% 0 0 0 0 16-Jun-03 128 102.40% 806,970,256 98.55% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 92 325 7.71% 7.66% 0 0 0 0 15-May-03 128 102.40% 807,567,470 98.62% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 93 326 7.47% 7.41% 0 0 0 0 15-Apr-03 128 102.40% 808,313,713 98.72% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 94 327 7.71% 7.66% 0 0 0 0 17-Mar-03 128 102.40% 808,895,386 98.79% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 95 328 7.47% 7.41% 0 0 0 0 18-Feb-03 128 102.40% 809,953,787 98.92% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 96 329 7.47% 7.41% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 10 of 24 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Delinquent Loan Detail Disclosure Control # Paid ThruDate Current P&I Advance Outstanding P&I Advances** Out. Property Protection Advances Loan Status Code (1) Special Servicer Transfer Date Foreclosure Date Bankruptcy Date REO Date Statement Date: 1-Mar-04 266,325.90 266,325.90 0.00 B 2 1-Mar-04 37,974.83 37,974.83 0.00 B 52 1-Mar-04 29,629.53 29,629.53 0.00 B 67 1-Mar-03 9,939.48 129,207.02 0.00 8-May-03 3 110 1-Mar-04 9,429.99 9,429.99 0.00 B 111 353,299.74 472,567.28 Total 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 11 of 24 A. In Grace Period 1. Delinq. 1 month 2. Delinq. 2 months 3. Delinquent 3 + months 4. Performing Matured Balloon ** Outstanding P&I Advances include the current period P&I Advance 7. Foreclosure 9. REO B. Late Payment but < 1 month delinq. 5. Non Performing Matured Balloon First Union Commercial Mortgage Securities, Inc. Mortgage Loan Characteristics ABN AMRO Acct: 720357.2 Series 2001-C3 Commercial Mortgage Pass-Through Certificates Wachovia Bank, National Association, as Servicer 31-Mar-04 17-May-04 15-Mar-04 15-Apr-04 15-Apr-04 Record Date: Next Payment: Prior Payment: Payment Date: Statement Date: Distribution of Mortgage Interest Rates Distribution of Principal Balances Distribution of Remaining Term (Balloon) Distribution of Remaining Term (Fully Amortizing) 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 12 of 24 Current Scheduled Balance # of Loans Scheduled Balance % of Balance Weighted Average Term Coupon PFY DSCR 33 40,315,615 5.07 93 7.62 1.27 % 0 to 2,000,000 % 27 79,289,114 9.98 90 7.44 1.45 % 2,000,000 to 4,000,000 % 24 120,285,484 15.13 77 7.57 1.47 % 4,000,000 to 6,000,000 % 14 101,795,143 12.81 91 7.46 1.45 % 6,000,000 to 8,000,000 % 6 52,862,345 6.65 84 7.34 1.57 % 8,000,000 to 10,000,000 % 16 204,056,303 25.67 84 7.49 1.31 % 10,000,000 to 15,000,000 % 1 15,432,940 1.94 84 7.50 1.74 % 15,000,000 to 20,000,000 % 2 43,723,997 5.50 83 7.12 2.63 % 20,000,000 to 25,000,000 % 1 25,500,124 3.21 87 7.63 1.70 % 25,000,000 to 30,000,000 % 1 33,573,727 4.22 86 7.60 1.01 % 30,000,000 to 35,000,000 % 1 37,943,161 4.77 24 7.35 1.16 % 35,000,000 to 40,000,000 % 1 40,011,494 5.03 88 7.30 1.40 % 40,000,000 & Above % 40,011,494 610,743 794,789,448 127 100.00% Average Schedule BalanceMaximum Schedule BalanceMinimum Schedule Balance 6,258,185 Current Mortgage Interest Rate # of Loans Scheduled Balance % of Balance Weighted Average Term Coupon PFY DSCR 2 26,646,419 3.35 85 6.62 1.57 % 6.500% % to 6.750% 15 63,173,272 7.95 73 6.98 1.28 % 6.751% % to 7.000% 18 87,803,740 11.05 83 7.20 1.55 % 7.001% % to 7.250% 32 277,839,684 34.96 75 7.39 1.46 % 7.251% % to 7.500% 31 234,983,146 29.57 87 7.61 1.53 % 7.501% % to 7.750% 20 67,261,342 8.46 93 7.85 1.44 % 7.751% % to 8.000% 3 6,330,247 0.80 108 8.15 1.43 % 8.001% % to 8.250% 4 25,546,919 3.21 90 8.40 1.06 % 8.251% % to 8.500% 2 5,204,678 0.65 125 8.70 0.79 % 8.501% % to 8.750% 0 0 0.00 0 0.00 0.00 % 8.751% % & Above 127 794,789,448 Minimum Mortgage Interest RateMaximum Mortgage Interest Rate 100.00% 6.600%8.720% Fully Amortizing Mortgage Loans # of Loans Scheduled Balance % of Balance Weighted Average Term Coupon PFY DSCR 3 14,634,028 1.84 75 8.21 0.83 % % to 0 80 5 57,491,942 7.23 84 7.53 2.34 % % to 81 110 3 3,966,932 0.50 115 6.91 0.97 % % to 111 140 2 3,083,364 0.39 183 8.06 1.14 % % to 141 200 1 2,479,270 0.31 225 7.90 1.04 % % & 201 Above 225 24 14 81,655,537 Minimum Remaining Term Maximum Remaining Term 10.27% Balloon Mortgage Loans # of Loans Scheduled Balance % of Balance Weighted Average Term Coupon PFY DSCR 8 66,844,760 8.41 27 7.36 1.31 % % 0 to 60 102 632,572,268 79.59 85 7.43 1.43 % % 61 to 90 0 0 0.00 0 0.00 0.00 % % 91 to 120 1 4,145,626 0.52 136 8.72 0.99 % % 121 to 150 1 6,730,823 0.85 170 8.44 0.99 % % 151 to 180 0 0 0.00 0 0.00 0.00 % % 181 to 210 1 2,840,435 0.36 225 7.75 0.96 % % 211 to 240 0 0 0.00 0 0.00 0.00 % % 241 & Above 225 23 113 713,133,911 Minimum Remaining Term Maximum Remaining Term % 89.73 First Union Commercial Mortgage Securities, Inc. Mortgage Loan Characteristics ABN AMRO Acct: 720357.2 Series 2001-C3 Commercial Mortgage Pass-Through Certificates Wachovia Bank, National Association, as Servicer 31-Mar-04 17-May-04 15-Mar-04 15-Apr-04 15-Apr-04 Record Date: Next Payment: Prior Payment: Payment Date: Statement Date: Geographic Distribution Distribution of DSCR (PFY) Distribution of DSCR (Cutoff) 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 13 of 24 Debt Service Coverage Ratio # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR 0 0 0.00 0 0.00 0.00 % % Less than zero 3 19,792,267 2.49 84 7.57 0.56 % % 0.001 0.750 1 12,434,933 1.56 78 8.33 0.85 % % 0.751 0.875 10 44,883,525 5.65 113 7.71 0.96 % % 0.876 1.000 5 41,785,361 5.26 94 7.59 1.02 % % 1.001 1.125 13 92,340,766 11.62 62 7.41 1.18 % % 1.126 1.250 17 84,402,199 10.62 79 7.30 1.33 % % 1.251 1.375 23 177,831,073 22.37 86 7.42 1.43 % % 1.376 1.500 20 134,901,065 16.97 80 7.56 1.55 % % 1.501 1.625 10 76,302,534 9.60 86 7.30 1.69 % % 1.626 1.750 9 46,548,780 5.86 82 7.34 1.83 % % 1.751 1.875 1 9,525,931 1.20 83 7.32 1.92 % % 1.876 2.000 9 25,986,503 3.27 79 7.44 2.11 % % 2.001 2.500 0 0 0.00 0 0.00 0.00 % % 2.501 3.000 1 23,373,426 2.94 81 7.58 3.50 % % 3.001 & Above 5 4,681,085 0.59 75 7.50 0.00 % % Unknown 3.5000.460 127 794,789,448 100.00% Minimum DSCR Maximum DSCR Debt Service Coverage Ratio # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR 0 0 0.00 0 0.00 0.00 % % Less than zero 0 0 0.00 0 0.00 0.00 % % 0.001 0.750 4 6,807,367 0.86 161 7.26 0.97 % % 0.751 1.000 32 215,856,244 27.16 79 7.63 1.28 % % 1.001 1.250 85 538,747,472 67.78 83 7.40 1.46 % % 1.251 1.500 1 2,350,129 0.30 88 7.93 1.69 % % 1.501 1.750 1 5,338,711 0.67 24 7.00 1.35 % % 1.751 2.000 1 23,373,426 2.94 81 7.58 3.50 % % 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 3 2,316,099 0.29 65 6.91 0.00 % % Unknown 2.080 1.000 127 794,789,448 100.00 Minimum DSCR Maximum DSCR % Geographic Location # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR California 20 112,165,405 14.11 82 7.53 1.52 % % Texas 16 111,206,951 13.99 82 7.39 1.24 % % Florida 9 90,341,468 11.37 85 7.41 1.41 % % CMBS Certificate 3 67,634,786 8.51 50 7.42 1.43 % % Pennsylvania 4 46,352,557 5.83 93 7.57 1.09 % % Michigan 10 43,842,770 5.52 95 7.55 1.44 % % Maryland 2 43,723,997 5.50 83 7.12 2.63 % % North Carolina 6 36,750,063 4.62 87 7.30 1.40 % % Illinois 9 34,308,904 4.32 68 7.18 1.54 % % New York 6 22,982,401 2.89 86 7.75 1.49 % % Nevada 4 15,904,005 2.00 84 7.73 1.36 % % New Jersey 4 15,843,445 1.99 79 8.23 1.05 % % Washington 1 14,444,594 1.82 86 7.60 1.60 % % Wisconsin 2 13,572,402 1.71 86 7.42 1.46 % % Virginia 3 13,522,830 1.70 84 7.34 1.60 % % District of Columbia 2 12,760,334 1.61 85 7.39 1.41 % % Iowa 1 12,503,281 1.57 86 7.75 1.43 % % Massachusetts 2 10,006,714 1.26 86 7.19 1.89 % % Arizona 2 9,317,540 1.17 84 7.28 1.44 % % Ohio 2 9,021,453 1.14 84 7.35 1.47 % % West Virginia 3 8,417,100 1.06 157 8.12 0.92 % % Minnesota 2 6,903,495 0.87 85 7.43 1.58 % % Indiana 2 6,590,552 0.83 85 7.74 1.35 % % Missouri 1 5,475,119 0.69 87 7.75 1.48 % % Mississippi 1 5,360,111 0.67 87 7.83 1.18 % % Colorado 2 5,039,783 0.63 86 7.68 1.43 % % Alabama 1 4,674,127 0.59 86 7.22 0.72 % % Georgia 1 3,600,997 0.45 85 7.25 1.66 % % Maine 1 3,242,054 0.41 84 7.00 1.05 % % Kansas 1 2,301,734 0.29 87 7.32 1.73 % % Oregon 1 2,150,509 0.27 86 7.88 1.87 % % Arkansas 1 2,025,455 0.25 86 7.22 1.42 % % South Carolina 1 1,632,129 0.21 177 8.00 1.13 % % Tennessee 1 1,170,383 0.15 84 7.75 1.52 % % 100.00 794,789,448 127 % First Union Commercial Mortgage Securities, Inc. Mortgage Loan Characteristics ABN AMRO Acct: 720357.2 Series 2001-C3 Commercial Mortgage Pass-Through Certificates Wachovia Bank, National Association, as Servicer 31-Mar-04 17-May-04 15-Mar-04 15-Apr-04 15-Apr-04 Record Date: Next Payment: Prior Payment: Payment Date: Statement Date: Distribution of Loan Seasoning Distribution of Property Types Distribution of Year Loans Maturing Distribution of Amortization Type 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 14 of 24 Property Types # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR Multifamily 35 241,029,785 30.33 72 7.47 1.22 % % Retail 43 203,976,197 25.66 94 7.43 1.44 % % Office 19 139,612,306 17.57 86 7.40 1.51 % % Industrial 13 83,765,888 10.54 85 7.53 1.51 % % Mixed use 9 54,405,957 6.85 77 7.56 1.46 % % Self storage 2 29,691,625 3.74 84 7.50 1.78 % % Lodging 1 23,373,426 2.94 81 7.58 3.50 % % Mobile home park 4 17,534,848 2.21 75 7.31 1.22 % % Other 1 1,399,416 0.18 78 7.85 1.10 % % 794,789,448 127 100.00% Amortization Type # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR AmortizingBalloon 112 724,019,210 91.10 81 7.49 1.49 % % Full Amortizing 6 9,393,426 1.18 161 7.68 1.06 % % IO/Amortizing/Balloon 6 59,060,714 7.43 84 7.12 1.26 % % Other 3 2,316,099 0.29 65 6.91 0.00 % % 794,789,448 127 100.00% Number of Months # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR 0 0 0.00 0 0.00 % % 0.00 0 to 12 0 0 0.00 0 0.00 % % 0.00 13 to 24 101 659,455,856 82.97 81 1.41 % % 7.41 25 to 36 26 135,333,592 17.03 89 1.72 % % 7.69 37 to 48 0 0 0.00 0 0.00 % % 0.00 49 to 60 0 0 0.00 0 0.00 % % 0.00 61 to 72 0 0 0.00 0 0.00 % % 0.00 73 to 84 0 0 0.00 0 0.00 % % 0.00 85 to 96 0 0 0.00 0 0.00 % % 0.00 97 to 108 0 0 0.00 0 0.00 % % 0.00 109 to 120 0 0 0.00 0 0.00 % % 0.00 121 or More 127 794,789,448 100.00% Year # of Loans Scheduled Balance % of Balance WAMM WAC PFY DSCR 0 0 0.00 0 0.00 0.00 % % 2004 0 0 0.00 0 0.00 0.00 % % 2005 7 59,826,123 7.53 24 7.39 1.29 % % 2006 0 0 0.00 0 0.00 0.00 % % 2007 2 7,818,316 0.98 48 7.03 1.33 % % 2008 0 0 0.00 0 0.00 0.00 % % 2009 3 22,243,226 2.80 78 7.95 0.98 % % 2010 106 681,655,333 85.77 85 7.44 1.51 % % 2011 0 0 0.00 0 0.00 0.00 % % 2012 3 3,966,932 0.50 115 6.91 0.97 % % 2013 0 0 0.00 0 0.00 0.00 % % 2014 6 19,279,519 2.43 180 8.27 1.02 % % 2015 & Greater 100.00 794,789,448 127 % First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance NoteRate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: 31-Dec-03 FL 7.30000% 1-Aug-11 FUNB01CH Retail 1.40 40,011,494 281,084 1 31-Dec-03 7.35000% 1-Apr-06 FUNB01CH Multifamily 1.16 37,943,161 268,699 B 2 31-Dec-03 PA 7.60000% 1-Jun-11 FUNB01CH Multifamily 1.01 33,573,727 242,890 3 31-Dec-03 CA 7.62500% 1-Jul-11 FUNB01CH Office 1.70 25,500,124 184,734 4 31-Dec-03 MD 7.57600% 1-Jan-11 FUNB01CG Lodging 3.50 23,373,426 180,282 5 31-Dec-03 MD 6.60000% 1-May-11 FUNB01CH Office 1.63 20,350,571 134,118 6 31-Dec-03 7.50000% 1-Apr-11 FUNB01CH Self storage 1.74 15,432,940 119,074 7 31-Dec-02 TX 7.27300% 1-May-11 FUNB01CH Retail 1.42 14,168,312 104,270 8 31-Dec-02 FL 7.50000% 1-Mar-11 FUNB01CH Mixed use 1.53 14,480,525 104,043 9 31-Dec-03 7.50000% 1-Apr-11 FUNB01CH Self storage 1.83 14,258,685 110,014 10 31-Dec-02 WA 7.60100% 1-Jun-11 FUNB01CH Industrial 1.60 14,444,594 104,509 11 31-Dec-02 FL 7.52000% 1-Aug-11 FUNB01CH Multifamily 1.49 14,412,031 103,336 12 31-Dec-03 NC 7.18000% 1-Apr-11 FUNB01CH Retail 1.53 14,315,103 99,786 13 25-Aug-03 TX 7.44000% 1-May-11 FUNB01CH Multifamily 0.95 12,802,604 89,641 14 31-Dec-02 TX 7.51000% 1-Jan-11 FUNB01CH Mixed use 0.95 12,501,635 90,105 15 31-Dec-03 IA 7.75000% 1-Jun-11 FUNB01CH Office 1.43 12,503,281 91,701 16 31-Dec-02 TX 6.99000% 1-Apr-11 FUNB01CH Multifamily 1.18 12,414,140 85,108 17 31-Dec-03 NJ 8.32700% 1-Oct-10 FUNB01CH Multifamily 0.85 12,434,933 99,746 18 31-Dec-03 CA 7.41000% 1-Jun-11 FUNB01CH Multifamily 1.28 12,186,162 86,633 19 31-Dec-02 CA 7.65000% 1-Apr-11 FUNB01CH Office 0.46 11,462,792 83,439 20 31-Dec-03 FL 7.61000% 1-Jul-11 FUNB01CH Industrial 1.38 11,234,742 81,278 21 31-Dec-02 TX 6.99000% 1-Apr-11 FUNB01CH Multifamily 1.42 10,357,360 71,007 22 31-Dec-02 MI 7.50800% 1-May-11 FUNB01CH Retail 1.46 10,079,404 72,355 23 31-Dec-02 MI 7.32400% 1-Mar-11 FUNB01CH Office 1.92 9,525,931 67,346 24 31-Dec-03 VA 7.35000% 1-Apr-11 FUNB01CH Retail 1.57 8,950,695 63,385 25 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 15 of 24 * 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. In Grace Period B. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months 4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance NoteRate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: 31-Dec-03 NY 7.80000% 1-Jun-11 FUNB01CH Retail 1.57 8,891,559 65,508 26 31-Dec-02 MA 7.15000% 1-Jun-11 FUNB01CH Office 1.81 8,760,219 60,787 27 31-Dec-02 NC 7.42000% 1-Nov-10 FUNB01CH Multifamily 1.16 8,408,876 64,941 28 31-Dec-02 TX 6.99000% 1-Apr-11 FUNB01CH Multifamily 1.32 8,325,064 57,075 29 31-Dec-02 AZ 7.23000% 1-Apr-11 FUNB01CH Industrial 1.44 7,854,972 55,010 30 31-Dec-03 MI 7.92400% 1-Jul-11 FUNB01CH Office 1.55 7,809,380 58,132 31 31-Dec-03 WI 7.61800% 1-Jul-11 FUNB01CH Mobile home park 1.18 7,742,550 56,055 32 31-Dec-02 TX 6.99000% 1-Apr-11 FUNB01CH Multifamily 1.38 7,590,500 52,039 33 31-Dec-03 NC 7.27000% 1-May-11 FUNB01CH Office 1.49 7,571,045 52,632 34 31-Dec-03 NV 7.86000% 1-Jun-11 FUNB01CH Industrial 1.51 7,526,153 55,750 35 31-Dec-03 OH 7.37000% 1-Apr-11 FUNB01CH Retail 1.48 7,443,646 52,811 36 31-Dec-02 DC 7.50000% 1-Jun-11 FUNB01CH Office 1.29 7,315,588 52,441 37 31-Dec-03 CA 7.37000% 1-Mar-11 FUNB01CH Mixed use 2.16 7,243,852 51,430 38 31-Dec-02 PA 7.19000% 1-May-11 FUNB01CH Industrial 1.36 7,101,972 49,502 39 31-Dec-02 WV 8.44000% 1-Jun-18 FUNB01CH Retail 0.99 6,730,823 61,791 40 31-Dec-03 NY 7.40700% 1-Jul-11 FUNB01CH Industrial 1.52 6,830,633 48,500 41 31-Dec-03 CA 7.54000% 1-Jun-11 FUNB01CH Multifamily 1.57 6,738,183 48,435 42 31-Dec-03 IL 6.68700% 1-Apr-11 FUNB01CH Office 1.37 6,295,848 41,887 43 31-Dec-02 CA 7.39000% 1-May-11 FUNB01CH Retail 2.08 5,844,558 41,502 44 31-Dec-02 CA 7.37500% 1-May-11 FUNB01CH Retail 1.52 5,844,015 41,441 45 31-Dec-03 WI 7.15000% 1-Apr-11 FUNB01CH Retail 1.83 5,829,852 40,524 46 31-Dec-03 IL 7.45000% 1-May-11 FUNB01CH Industrial 1.58 5,749,270 41,052 47 31-Dec-02 TX 8.50000% 1-Mar-06 FUNB01CH Multifamily 1.55 5,717,512 44,905 48 31-Dec-02 IN 7.74000% 1-May-11 FUNB01CH Retail 1.41 5,612,857 41,154 49 25-Dec-02 CA 7.30000% 1-May-06 FUNB01CH Mixed use 1.52 5,549,224 39,078 50 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 16 of 24 * 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. In Grace Period B. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months 4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance NoteRate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: 31-Dec-03 MO 7.75100% 1-Jul-11 FUNB01CH Office 1.48 5,475,119 40,123 51 31-Dec-02 DC 7.25000% 1-Apr-11 FUNB01CH Retail 1.56 5,444,746 38,202 B 52 31-Dec-02 IL 7.00000% 1-Apr-06 FUNB01CH Multifamily 1.35 5,338,711 36,592 53 31-Dec-03 MS 7.83000% 1-Jul-11 FUNB01CH Mixed use 1.18 5,360,111 39,563 54 31-Dec-02 CA 7.70000% 1-Apr-11 FUNB01CH Industrial 1.58 5,333,383 38,999 55 31-Dec-02 FL 7.00000% 1-Apr-08 FUNB01CH Mobile home park 1.37 5,144,576 35,261 56 31-Dec-03 TX 7.58000% 1-Jul-11 FUNB01CH Multifamily 1.32 5,128,038 36,997 57 31-Dec-02 MI 7.45000% 1-Apr-11 FUNB01CH Industrial 1.31 4,787,161 36,787 58 31-Dec-03 AL 7.22000% 1-Jun-11 FUNB01CH Multifamily 0.72 4,674,127 32,647 59 PA 1-Jun-11 FUNB01CH Office 1-Mar-04 60 31-Dec-02 CA 7.78000% 1-Jul-11 FUNB01CH Industrial 1.36 4,366,125 32,080 61 31-Dec-03 TX 7.67000% 1-Mar-11 FUNB01CH Multifamily 1.24 4,335,234 31,635 62 31-Dec-03 MI 8.15000% 1-Apr-11 FUNB01CH Multifamily 1.50 4,203,706 32,003 63 31-Dec-02 CA 7.70000% 1-Apr-11 FUNB01CH Industrial 1.52 4,182,854 30,586 64 31-Dec-03 CA 7.23000% 1-Apr-11 FUNB01CH Retail 1.79 4,131,637 28,935 65 31-Dec-02 TX 8.72000% 1-Aug-15 FUNB01CH Multifamily 0.99 4,145,626 33,344 66 31-Dec-02 TX 7.72400% 1-Jul-11 FUNB01CH Office 1.38 4,076,402 29,800 B 67 31-Dec-03 MN 7.25000% 1-Apr-11 FUNB01CH Office 1.84 4,010,639 28,140 68 30-Dec-02 NY 7.92900% 1-Jun-11 FUNB01CH Mixed use 1.41 3,862,296 28,788 69 31-Dec-03 NV 7.37500% 1-Mar-11 FUNB01CH Retail 1.83 3,631,611 27,773 70 31-Dec-02 NV 7.76000% 1-Mar-11 FUNB01CH Retail 0.69 3,655,347 26,891 71 31-Dec-03 GA 7.25000% 1-May-11 FUNB01CH Retail 1.66 3,600,997 25,241 72 20-Dec-03 NC 7.12500% 1-May-11 FUNB01CH Multifamily 1.38 3,598,135 24,928 73 31-Dec-03 VA 7.25000% 1-Apr-11 FUNB01CH Retail 1.73 3,402,966 23,876 74 31-Dec-03 IL 7.41000% 1-May-11 FUNB01CH Retail 1.30 3,398,055 24,174 75 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 17 of 24 * 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. In Grace Period B. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months 4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance NoteRate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: 31-Dec-02 CA 7.40000% 1-Mar-11 FUNB01CH Multifamily 1.34 3,283,230 23,375 76 31-Dec-03 IL 7.51000% 1-May-11 FUNB01CH Retail 1.25 3,265,610 23,447 77 31-Dec-02 ME 7.00000% 1-Apr-11 FUNB01CH Mobile home park 1.05 3,242,054 22,221 78 31-Dec-03 PA 7.78000% 1-Jul-11 FUNB01CH Retail 1.36 3,197,587 23,495 79 31-Dec-03 IL 7.25000% 1-Mar-11 FUNB01CH Retail 1.62 3,052,626 21,434 80 31-Dec-02 CA 7.25000% 1-Mar-11 FUNB01CH Industrial 2.08 2,914,665 20,465 81 31-Dec-02 MN 7.68000% 1-Jul-11 FUNB01CH Retail 1.23 2,892,856 21,063 82 30-Dec-02 MI 7.75000% 15-Jan-23 FUNB01CH Retail 0.96 2,840,435 22,373 83 31-Dec-03 TX 7.25000% 1-May-11 FUNB01CH Retail 1.29 2,834,082 19,865 84 31-Dec-03 TX 7.39500% 1-May-11 FUNB01CH Retail 1.35 2,737,286 19,446 85 31-Dec-03 IL 7.60000% 1-May-11 FUNB01CH Office 2.03 2,730,948 19,770 86 31-Dec-02 CO 7.46000% 1-May-11 FUNB01CH Multifamily 1.21 2,689,653 19,223 87 31-Dec-02 TX 7.09300% 1-May-08 FUNB01CH Multifamily 1.25 2,673,740 18,468 88 31-Dec-03 PA 7.90000% 1-Jan-23 FUNB01CH Retail 1.04 2,479,270 21,324 89 31-Dec-02 CO 7.93000% 1-Aug-11 FUNB01CH Mixed use 1.69 2,350,129 17,493 90 31-Dec-02 IL 7.00000% 1-Jul-06 FUNB01CH Multifamily 1.85 2,336,263 15,967 91 31-Dec-02 KS 7.32000% 1-Jul-11 FUNB01CH Multifamily 1.73 2,301,734 16,212 92 31-Dec-02 IL 7.00000% 1-Jul-06 FUNB01CH Multifamily 2.08 2,141,574 14,637 93 31-Dec-01 OR 7.87500% 1-Jun-11 FUNB01CH Office 1.87 2,150,509 15,952 94 31-Dec-03 AR 7.22000% 1-Jun-11 FUNB01CH Multifamily 1.42 2,025,455 14,147 95 31-Dec-02 NJ 7.87000% 1-May-11 FUNB01CH Retail 2.02 1,856,086 13,770 96 31-Dec-03 MI 6.94200% 1-Nov-13 FUNB01CA Retail 0.97 1,535,557 18,320 97 31-Dec-03 CA 7.50000% 1-Apr-11 FUNB01CH Retail 1.68 1,709,061 12,271 98 31-Dec-02 CA 7.75000% 1-Apr-11 FUNB01CH Mixed use 1.59 1,698,031 12,473 99 30-Dec-03 SC 8.00000% 15-Jan-19 FUNB01CH Retail 1.13 1,632,129 15,111 100 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 18 of 24 * 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. In Grace Period B. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months 4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance NoteRate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: 31-Dec-03 TX 7.85000% 15-Oct-10 FUNB01CH Other 1.10 1,399,416 20,226 101 31-Dec-03 OH 7.25000% 1-Jun-11 FUNB01CH Retail 1.42 1,577,807 11,051 102 31-Dec-03 MI 6.94200% 1-Nov-13 FUNB01CC Retail 0.96 1,355,840 16,176 103 31-Dec-02 FL 7.50000% 1-Mar-11 FUNB01CH Multifamily 1.28 1,557,046 11,187 104 31-Dec-02 FL 7.37500% 1-Mar-11 FUNB01CH Multifamily 1.23 1,531,469 10,878 105 30-Dec-03 NC 8.12500% 1-Jan-20 FUNB01CH Retail 1.15 1,451,235 12,607 106 31-Dec-03 AZ 7.55000% 1-May-11 FUNB01CH Retail 1.47 1,462,568 10,540 107 15-Dec-02 CA 7.75000% 1-Apr-11 FUNB01CH Industrial 1.87 1,439,364 11,330 108 31-Dec-02 NY 7.87500% 1-Mar-11 FUNB01CH Mixed use 2.01 1,360,154 13,371 109 31-Dec-02 NC 7.47000% 1-Jul-11 FUNB01CH Mobile home park 1.27 1,405,669 10,039 3 110 FL 7.62500% 1-Apr-11 FUNB01CH Multifamily 0.00 1,305,934 9,484 B 111 31-Dec-02 MA 7.50000% 30-Apr-11 FUNB01CH Multifamily 2.47 1,246,494 8,950 112 31-Dec-03 WV 6.82000% 1-Nov-13 FUNB01CE Retail 0.98 1,075,535 12,765 113 31-Dec-03 CA 7.86000% 1-May-11 FUNB01CH Retail 1.58 1,172,198 8,688 114 31-Dec-02 TN 7.75000% 1-Apr-11 FUNB01CH Office 1.52 1,170,383 8,597 115 31-Dec-03 VA 7.58000% 1-Apr-11 FUNB01CH Office 1.43 1,169,169 8,456 116 31-Dec-02 NV 7.87500% 1-Feb-11 FUNB01CH Multifamily 1.01 1,090,894 8,121 117 NY 8.62500% 1-Mar-11 FUNB01CH Office 0.00 1,059,052 8,934 118 31-Dec-02 NY 7.87000% 1-Mar-11 FUNB01CH Retail 1.67 978,706 8,698 119 31-Dec-03 IN 7.75000% 1-Jul-11 FUNB01CH Multifamily 0.99 977,695 7,164 120 31-Dec-03 CA 7.75000% 1-Apr-11 FUNB01CH Retail 0.94 917,775 6,741 121 31-Dec-02 NJ 7.62500% 1-Apr-11 FUNB01CH Multifamily 1.40 877,120 6,370 122 31-Dec-02 NJ 8.20000% 1-May-11 FUNB01CH Office 1.63 675,305 5,160 123 31-Dec-02 FL 8.37500% 1-Apr-11 FUNB01CH Multifamily 1.43 663,652 5,153 124 31-Dec-03 CA 8.00000% 1-Mar-11 FUNB01CH Retail 2.20 648,172 5,210 125 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 19 of 24 * 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. In Grace Period B. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months 4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance NoteRate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: MI 6.94200% 1-Aug-11 FUNB01CB Retail 0.00 905,677 0 126 MI 6.94200% 1-Apr-06 FUNB01CD Retail 0.00 799,679 0 127 WV 6.82000% 1-Jun-11 FUNB01CF Retail 0.00 610,743 0 128 794,789,448 5,764,545 0 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 20 of 24 * 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. In Grace Period B. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months 4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Specially Serviced (Part I) ~ Loan Detail (End of Period) Disclosure Control # Servicing Xfer Date Balance NoteRate Maturity Date Remaining Property Type Geo. Location NOI DSCR NOIDate Schedule Actual Life Amort. Statement Date: Loan Status Code(1) 8-May-03 1,405,669 87 328 NC 7.47% 1-Jul-11 Mobile home park 1,419,741 152,404 1.27 31-Dec-02 3 110 11-Dec-03 1,059,052 83 264 NY 8.63% 1-Mar-11 Office 1,059,052 Not Avail. Not Avail. Not Avail. 118 20-Oct-03 5,612,857 85 326 IN 7.74% 1-May-11 Retail 5,612,857 696,174 1.41 31-Dec-02 49 2-Oct-03 4,145,626 136 317 TX 8.72% 1-Aug-15 Multifamily 4,145,626 395,050 0.99 31-Dec-02 66 12,223,204 12,237,277 4 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 21 of 24 (1) Legend: A. P&I Adv - in Grace PeriodB. P&I Adv - < one month delinq 1. P&I Adv - delinquent 1 month2. P&I Adv - delinquent 2 months 3. P&I Adv - delinquent 3+ months4. Mat. Balloon/Assumed P&I 7. Foreclosure 9. REO 5. Non Performing Mat. Balloon First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Specially Serviced Loan Detail (Part II) ~ Servicer Comments (End of Period) Disclosure Control # Resolution Strategy Comments Statement Date: Other/TBD Foreclosure has been filed. Borrower is trying one last time to sell the property and present a discounted payoff offer to the Lender. A deedin lieu is also being negotiated. 110 Other/TBD Loan was transferred to special servicer due to sale of property without lender consent and mechanic's liens. Other defaults includeoutstanding late charges and default interest and failure to provide financial statements and evidence of requiredinsurance coverage. Borrowerhas also denied our inspector access to the property claiming that she is no longer in control of the asset. Local counsel has been retained andwe are in the process of reviewing title to determine a course of action. 118 Other/TBD Borrower reportedly transferred an unknown ownership interest between related entities. Information received pending review. Secondrequest to release vacant land with Borrower retaining proceeds. Already rejected request to keep proceeds but want to see summary ofproposed deal before responding to request to release. 49 Pending Return to Master Servicer Borrower is requesting debt service relief in light of poor performance on the property level. However, there are substantial tax creditsassociated with this property based on affordable housing programs in place, which would have dire consequnces to the borrower should theloan go into default. 66 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle BankN.A. Page 22 of 24 First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Modified Loan Detail Disclosure Control # Modification Date Cutoff Maturity Date Modification Description Modified Maturity Date Statement Date: 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 23 of 24 First Union Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 15-Apr-0415-Apr-04 15-Mar-04 17-May-04 31-Mar-04 Wachovia Bank, National Association, as Servicer Commercial Mortgage Pass-Through Certificates Series 2001-C3 ABN AMRO Acct: 720357.2 Realized Loss Detail Period Disclosure Control # Appraisal Date Appraisal Value BeginningScheduled Balance Gross Proceeds Gross Proceeds as a % of Sched. Balance Aggregate Liquidation Expenses * Net Liquidation Proceeds Net Proceeds as a % of Sched. Balance Realized Loss Statement Date: Current TotalCumulative 13-Apr-2004 - 14:13 (G292-G295, G624-G642) (c) 2004 LaSalle Bank N.A. Page 24 of 24 * Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

First Union Commercial Mortgage Securities, Inc.

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Reporting Package Table of Contents

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Administrator:
Laura Kocha-Chaddha 312.904.0648
laura.kocha.chaddha@abnamro.com

Analyst:
Steve Fernandez 714.238.6704
Steve.Fernandez@abnamro.com

Statement Date:

135 S. LaSalle Street, Suite 1625
Chicago, IL 60603
USA

Statements to Certificateholders
Cash Reconciliation Summary CMSA v1
Shortfall Summary Report
Bond Interest Reconciliation

Asset-Backed Facts ~ 15 Month Loan Status Summary

Asset-Backed Facts ~ 15 Month Payoff/Loss Summary
Delinquent Loan Detail

Mortgage Loan Characteristics
Loan Level Detail
Specially Serviced (Part I) ~ Loan Detail

Page 2-5
Page 6
Page 7
Page 8

Page 9

Page 10
Page 11

Page 12-14
Page 15-20

Page 21

Specially Serviced Loan Detail (Part II) ~ Servicer Comments

Modified Loan Detail
Realized Loss Detail

Page 22

Page 23
Page 24

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

FUNB01C3

FUNB01C3_200406_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

21-Aug-01
17-Sep-01

15-Aug-11

Parties to The Transaction

Issuer: Wachovia Bank, National Association

Depositor: First Union National Bank

Underwriter: ABN AMRO Incorporated/Deutsche Banc Alex. Brown

Master Servicer: Wachovia Bank, National Association

Special Servicer: Lennar Partners, Inc.

Rating Agency: Fitch, Inc./Fitch Ratings/Standard & Poor's Rating Services

800.246.5761

LaSalle Factor Line

LaSalle Web Site
Servicer Web Site

www.wachovia.com

www.etrustee.net

Page 1 of 24

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.707884%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

First Union Commercial Mortgage Securities, Inc.

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC II

Statement Date:

ABN AMRO Acct: 720357.2

457.122355000

13.562464400

0.000000000

443.559890600

1.979339800

Fixed

0.00

0.000000000

5.19600000%

0.000000000

33736XCT4

A-1

50,000,000.00

22,856,117.75

678,123.22

0.00

22,177,994.53

98,966.99

1000.000000000

0.000000000

1000.000000000

5.150000000

Fixed

0.00

0.000000000

6.18000000%

0.000000000

33736XCU1

A-2

139,853,000.00

0.00

139,853,000.00

720,242.95

1000.000000000

0.000000000

1000.000000000

5.352500006

Fixed

0.00

0.000000000

6.42300000%

0.000000000

33736XCV9

A-3

435,531,000.00

0.00

435,531,000.00

2,331,179.68

1000.000000000

0.000000000

1000.000000000

5.473333333

Fixed

0.00

0.000000000

6.56800000%

0.000000000

33736XCW7

33,777,000.00

0.00

33,777,000.00

184,872.78

1000.000000000

0.000000000

1000.000000000

5.532500204

Fixed

0.00

0.000000000

6.63900000%

0.000000000

33736XCX5

12,283,000.00

0.00

12,283,000.00

67,955.70

1000.000000000

0.000000000

1000.000000000

5.600000000

Fixed

0.00

0.000000000

6.72000000%

0.000000000

33736XCY3

23,541,000.00

0.00

23,541,000.00

131,829.60

1000.000000000

0.000000000

1000.000000000

5.690000000

Fixed

0.00

0.000000000

6.82800000%

0.000000000

33736XCZ0

11,259,000.00

0.00

11,259,000.00

64,063.71

1000.000000000

0.000000000

1000.000000000

6.000833673

7.201000000%

0.00

0.000000000

7.20100000%

0.000000000

33736XDE6

12,283,000.00

0.00

12,283,000.00

73,708.24

1000.000000000

0.000000000

1000.000000000

6.082500407

7.299000000%

0.00

0.000000000

7.29900000%

0.000000000

33736XDG1

12,282,000.00

0.00

12,282,000.00

74,705.27

1000.000000000

0.000000000

1000.000000000

6.379374746

7.407650274%

0.00

0.000000000

7.65524967%

0.000000000

33736XDJ5

12,283,000.00

0.00

12,283,000.00

78,357.86

1000.000000000

0.000000000

1000.000000000

5.129166802

Fixed

0.00

0.000000000

6.15500000%

0.000000000

33736XDL0

18,423,000.00

0.00

18,423,000.00

94,494.64

1000.000000000

0.000000000

1000.000000000

5.129166783

Fixed

0.00

0.000000000

6.15500000%

0.000000000

33736XDN6

14,330,000.00

0.00

14,330,000.00

73,500.96

1000.000000000

0.000000000

1000.000000000

5.129166260

Fixed

0.00

0.000000000

6.15500000%

0.000000000

33736XDQ9

6,141,000.00

0.00

6,141,000.00

31,498.21

1000.000000000

0.000000000

1000.000000000

5.129167074

Fixed

0.00

0.000000000

6.15500000%

0.000000000

33736XDS5

4,094,000.00

0.00

4,094,000.00

20,998.81

1000.000000000

0.000000000

1000.000000000

5.129166395

Fixed

0.00

0.000000000

6.15500000%

0.000000000

33736XDU0

6,142,000.00

0.00

6,142,000.00

31,503.34

1000.000000000

0.000000000

1000.000000000

5.129167074

Fixed

0.00

0.000000000

6.15500000%

0.000000000

33736XDW6

4,094,000.00

0.00

4,094,000.00

20,998.81

Page 2 of 24

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

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.707884%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

First Union Commercial Mortgage Securities, Inc.

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC II

Statement Date:

ABN AMRO Acct: 720357.2

997.634925980

0.000000000

997.634925980

4.691861705

Fixed

0.00

)

(9,574.16

)

(0.425173982

6.15500000%

0.000000000

33736XDY2

22,518,217.00

22,464,959.75

0.00

22,464,959.75

105,652.36

966.785536150

0.000000000

965.957379233

0.494003513

0.514877137%

0.00

0.000000000

0.61317034%

0.000000000

33736XDA4

IO-I

818,834,217.00

791,637,077.50

0.00

790,958,954.28

404,506.98

1000.000000000

0.000000000

1000.000000000

0.919291751

0.855388099%

0.00

0.000000000

1.10315010%

0.000000000

33736XDC0

IO-II

469,425,000.00

0.00

469,425,000.00

431,538.53

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSG2922

R-I

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSG2930

R-II

0.00

Total P&I Payment

0.00

)

(9,574.16

818,834,217.00

791,637,077.50

5,718,698.64

Total

790,958,954.28

678,123.22

0.00

5,040,575.42

Page 3 of 24

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.707884%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

First Union Commercial Mortgage Securities, Inc.

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

Grantor Trust

Statement Date:

ABN AMRO Acct: 720357.2

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSG2948

Z-I

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSG2955

Z-II

0.00

Total P&I Payment

0.00

Total

0.00

Page 4 of 24

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.707884%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

First Union Commercial Mortgage Securities, Inc.

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

Companion

Statement Date:

ABN AMRO Acct: 720357.2

1210.891823181

0.000000000

1217.930293863

0.000000000

Fixed

5,269.65

7.038470682

6.88960000%

7.038470682

COMP-I

748,692.47

906,585.59

0.00

911,855.24

0.00

1210.891855632

0.000000000

1217.930325577

0.000000000

Fixed

4,652.90

7.038469945

6.88960000%

7.038469945

COMP-II

661,066.97

800,480.61

0.00

805,133.51

0.00

1206.819053057

0.000000000

1213.710104472

0.000000000

Fixed

3,490.78

6.891051415

6.76760000%

6.891051415

COMP-III

506,567.11

611,334.84

0.00

614,825.62

0.00

Total P&I Payment

13,413.33

1,916,326.55

2,318,401.04

0.00

Total

2,331,814.37

0.00

Page 5 of 24

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

4,527,626.02

)

(13,413.33

0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

5,081,891.95

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances

Recoup of Prior Advances

Misc. Fees & Expenses

Total Unscheduled Fees & Expenses
Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding

Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

)

(9,574.16

0.00
0.00

0.00

)

(9,574.16

5,042,158.69

)

(1,583.27

0.00
0.00
0.00

)

(1,583.27

613,110.07

65,013.15

678,123.22

0.00
0.00
0.00
0.00
0.00
0.00

678,123.22

5,720,281.91

5,718,698.63

793,966,512.99

127

678,123.22

0.00

13,413.33

0.00

793,301,803.10

127

63,197.68

458,725.45

65,013.15

567,679.25

80,374.83

691,464.14

30,159.10

0.00
0.00

4,529.64

34,688.74

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(30,159.10

5,040,575.41

Interest Not Advanced (

Current Period

)

0.00

567,679.25

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(334,940.56

)

(47,836.00

0.00

Page 6 of 24

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Interest Adjustments Summary

Statement Date:

0.00

9,574.16

0.00

Special Servicing Fees

Workout Fees

Liquidation Fees

Legal Fees

0.00

Misc. Fees & Expenses Paid by/to Servicer

Interest Paid to Servicer on Outstanding Advances

0.00

ASER Interest Advance Reduction

Interest Not Advanced (Current Period)

Recoup of Prior Advances by Servicer

0.00

Servicing Fees Paid Servicer on Loans Not Advanced

Misc. Fees & Expenses Paid by Trust

0.00

Shortfall Due to Rate Modification

Total Shortfall Allocated to the Bonds

Total Interest Adjustment to the Bonds

9,574.16

Shortfall Allocated to the Bonds:

Excess Allocated to the Bonds:

Other Interest Proceeds Due the Bonds

Yield Maintenance Penalties Due the Bonds

Prepayment Penalties Due the Bonds

Recovered ASER Interest Due the Bonds

Recovered Interest Due the Bonds

Less Total Shortfall Allocated to the Bonds

Total Excess Allocated to the Bonds

0.00

0.00

Total Excess Allocated to the Bonds

)

(9,574.16

)

(9,574.16

Aggregate Interest Adjustment Allocated to the Bonds

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

Other Interest Loss

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Page 7 of 24

First Union Commercial Mortgage Securities, Inc.

Class

Accrued

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Bond Interest Reconciliation

Deductions

Allocable

Deferred &

Prior

Prepay-

Other

Additions

Interest

Credit Support

Original

Current(4)

Accrual

Int. Short-

falls Due

ment

Interest

Interest (2)

Payment

Amount

PPIS

Interest

Certificate

Accretion

Interest

Loss/Exp

Interest

Penalties

Proceeds (1)

Interest

Shortfalls

Certificate

Rate

Pass

Thru

Method Days

Outstanding

Remaining

Statement Date:

Distributable

Current Period

(Shortfall)/

Recovery

Int Accrual

on Prior

Shortfall (3)

0.00

A-1

98,966.99

0.00

23.63%

24.45%

30/360

5.196000000%

0.00

A-2

720,242.95

0.00

23.63%

24.45%

30/360

6.180000000%

0.00

A-3

2,331,179.68

0.00

23.63%

24.45%

30/360

6.423000000%

0.00

184,872.78

0.00

19.50%

20.18%

30/360

6.568000000%

0.00

67,955.70

0.00

18.00%

18.63%

30/360

6.639000000%

0.00

131,829.60

0.00

15.13%

15.65%

30/360

6.720000000%

0.00

64,063.71

0.00

13.75%

14.23%

30/360

6.828000000%

0.00

73,708.24

0.00

12.25%

12.67%

30/360

7.201000000%

0.00

74,705.27

0.00

10.75%

11.12%

30/360

7.299000000%

0.00

78,357.86

0.00

9.25%

9.57%

30/360

7.655249671%

0.00

94,494.64

0.00

7.00%

7.24%

30/360

6.155000000%

0.00

73,500.96

0.00

5.25%

5.43%

30/360

6.155000000%

0.00

31,498.21

0.00

4.50%

4.65%

30/360

6.155000000%

0.00

20,998.81

0.00

4.00%

4.13%

30/360

6.155000000%

0.00

31,503.34

0.00

3.25%

3.36%

30/360

6.155000000%

0.00

20,998.81

0.00

2.75%

2.84%

30/360

6.155000000%

0.00

115,226.52

158,991.54

105,652.36

53,339.18

0.00%

30/360

6.155000000%

)

(9,574.16

43,765.02

0.00

IO-I

404,506.98

0.00

30/360

0.613170340%

0.00

IO-II

431,538.53

0.00

30/360

1.103150099%

0.00

Z-I

0.00

30/360

0.000000000%

0.00

Z-II

0.00

30/360

0.000000000%

0.00

5,050,149.58

5,093,914.60

5,040,575.42

53,339.18

)

(9,574.16

43,765.02

0.00

(2) Accrued - Deductions + Additions Interest

(3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable.

Page 8 of 24

(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(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).

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

ABN AMRO Acct: 720357.2

0.00%

0.79%

1,403,374

0.18%

0.00%

3.15%

5.24%

15-Jun-04

41,584,260

0.00%

0.79%

1,404,380

0.18%

0.00%

3.15%

5.24%

17-May-04

41,613,487

0.00%

0.79%

1,405,669

0.18%

0.00%

3.15%

1.54%

15-Apr-04

12,223,204

0.79%

0.16%

0.00%

0.79%

1,406,659

0.18%

0.00%

3.15%

1.54%

15-Mar-04

1,306,838

12,231,173

0.78%

0.16%

0.00%

1.56%

5,824,824

0.73%

0.00%

3.91%

2.08%

17-Feb-04

1,308,287

16,661,170

0.00%

0.78%

0.16%

1.56%

5,828,155

0.73%

0.00%

3.91%

2.08%

15-Jan-04

1,309,175

16,671,347

0.78%

0.16%

0.00%

1.56%

5,831,463

0.73%

0.00%

3.13%

1.95%

15-Dec-03

1,310,058

15,617,709

0.78%

0.13%

0.78%

0.16%

1.56%

5,836,057

0.73%

0.00%

3.91%

2.11%

17-Nov-03

1,065,024

1,311,210

16,941,442

0.00%

1.56%

0.68%

1.56%

5,839,310

0.73%

0.00%

3.13%

1.41%

15-Oct-03

5,473,582

11,312,892

1.56%

0.68%

0.00%

1.56%

5,843,852

0.73%

0.00%

2.34%

0.89%

15-Sep-03

5,477,803

7,157,071

0.78%

0.16%

0.00%

1.56%

5,847,051

0.73%

0.00%

2.34%

0.89%

15-Aug-03

1,314,076

7,161,127

0.00%

1.56%

5,850,228

0.73%

0.00%

2.34%

0.89%

15-Jul-03

7,165,155

0.00%

1.56%

5,854,697

0.73%

0.00%

1.56%

0.73%

16-Jun-03

5,854,697

0.78%

0.16%

0.78%

0.18%

0.78%

4,440,193

0.55%

0.00%

1.56%

0.71%

15-May-03

1,316,887

1,417,628

5,757,080

0.00%

0.78%

0.55%

0.00%

15-Apr-03

4,443,404

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 9 of 24

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Series 2001-C3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Amort

ABN AMRO Acct: 720357.2

Commercial Mortgage Pass-Through Certificates

15-Jun-04

127

101.60%

793,301,803

96.88%

0.00%

313

7.71%

7.65%

17-May-04

127

101.60%

793,966,513

96.96%

0.00%

314

7.46%

7.41%

15-Apr-04

127

101.60%

794,789,448

97.06%

0.00%

315

7.71%

7.65%

15-Mar-04

127

101.60%

795,444,659

97.14%

0.00%

0.78%

4,416,599

0.55%

0.78%

53,258

0.01%

316

7.47%

7.41%

357,924

17-Feb-04

128

102.40%

800,837,888

97.80%

0.00%

317

7.47%

7.41%

15-Jan-04

128

102.40%

801,485,034

97.88%

0.00%

318

7.71%

7.66%

15-Dec-03

128

102.40%

802,127,148

97.96%

0.00%

319

7.47%

7.41%

17-Nov-03

128

102.40%

802,929,403

98.06%

0.00%

320

7.71%

7.66%

15-Oct-03

128

102.40%

803,562,292

98.13%

0.00%

321

7.47%

7.41%

15-Sep-03

128

102.40%

804,342,790

98.23%

0.00%

322

7.71%

7.66%

15-Aug-03

128

102.40%

804,956,656

98.31%

0.00%

323

7.71%

7.66%

15-Jul-03

128

102.40%

806,205,981

98.46%

0.00%

324

7.47%

7.41%

16-Jun-03

128

102.40%

806,970,256

98.55%

0.00%

325

7.71%

7.66%

15-May-03

128

102.40%

807,567,470

98.62%

0.00%

326

7.47%

7.41%

15-Apr-03

128

102.40%

808,313,713

98.72%

0.00%

327

7.71%

7.66%

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 10 of 24

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Delinquent Loan Detail

Disclosure

Control #

Paid

Thru
Date

Current P&I

Advance

Outstanding

P&I

Advances**

Out. Property

Protection

Advances

Loan

Status

Code (1)

Special

Servicer

Transfer Date

Foreclosure

Date

Bankruptcy

Date

REO

Date

Statement Date:

1-May-04

266,329.94

0.00

1-May-04

241,492.07

0.00

22-Apr-04

1-May-04

40,920.32

0.00

20-Oct-03

1-May-04

32,452.28

0.00

1-May-04

23,238.07

0.00

1-Mar-03

9,939.65

149,086.21

0.00

8-May-03

110

1-May-04

9,430.07

0.00

111

1-May-04

8,890.01

0.00

11-Dec-03

118

632,692.40

771,838.97

Total

Page 11 of 24

A. In Grace Period

1. Delinq. 1 month

2. Delinq. 2 months

3. Delinquent 3 + months

4. Performing Matured Balloon

** Outstanding P&I Advances include the current period P&I Advance

7. Foreclosure

9. REO

B. Late Payment but < 1 month delinq.

5. Non Performing Matured Balloon

First Union Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720357.2

Series 2001-C3

Commercial Mortgage Pass-Through Certificates

Wachovia Bank, National Association, as Servicer

28-May-04

15-Jul-04

17-May-04

15-Jun-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Mortgage Interest Rates

Distribution of Principal Balances

Distribution of Remaining Term (Balloon)

Distribution of Remaining Term (Fully Amortizing)

Page 12 of 24

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

40,198,833

5.07

7.62

1.23

0 to

2,000,000

79,143,892

9.98

7.44

1.37

2,000,000 to

4,000,000

120,084,418

15.14

7.57

1.33

4,000,000 to

6,000,000

101,608,399

12.81

7.46

1.40

6,000,000 to

8,000,000

52,761,578

6.65

7.34

1.46

8,000,000 to 10,000,000

203,689,248

25.68

7.49

1.25

10,000,000 to 15,000,000

15,390,774

1.94

7.50

1.74

15,000,000 to 20,000,000

43,622,492

5.50

7.12

2.63

20,000,000 to 25,000,000

25,459,972

3.21

7.63

1.70

25,000,000 to 30,000,000

33,520,105

4.23

7.60

1.01

30,000,000 to 35,000,000

77,822,092

9.81

7.32

1.28

35,000,000 to 40,000,000

0.00

40,000,000 &

Above

39,944,009

617,705

793,301,803

127

100.00%

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

6,246,471

Current Mortgage

Interest Rate

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

26,593,167

3.35

6.62

1.57

6.500%

6.750%

63,044,999

7.95

6.98

1.03

6.751%

7.000%

87,648,723

11.05

7.20

1.49

7.001%

7.250%

277,314,011

34.96

7.39

1.44

7.251%

7.500%

234,580,413

29.57

7.61

1.48

7.501%

7.750%

67,118,626

8.46

7.85

1.40

7.751%

8.000%

6,318,076

0.80

106

8.15

1.43

8.001%

8.250%

25,486,969

3.21

8.40

0.80

8.251%

8.500%

5,196,820

0.66

123

8.70

0.42

8.501%

8.750%

0.00

8.751%

Above

127

793,301,803

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

100.00%

6.600%
8.720%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

37,909,954

4.78

7.82

2.47

34,083,311

4.30

7.50

1.55

110

3,917,947

0.49

113

6.91

0.97

111

140

3,069,984

0.39

181

8.06

1.14

141

200

2,469,776

0.31

223

7.90

1.04

201

Above

223

81,450,972

Minimum Remaining Term

Maximum Remaining Term

10.27%

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

66,730,275

8.41

7.36

1.13

102

631,444,031

79.60

7.43

1.37

0.00

120

4,140,169

0.52

134

8.72

0.53

121

150

6,703,394

0.84

168

8.44

0.99

151

180

0.00

181

210

2,832,963

0.36

223

7.75

1.00

211

240

0.00

241

& Above

223

113

711,850,832

Minimum Remaining Term

Maximum Remaining Term

89.73

First Union Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720357.2

Series 2001-C3

Commercial Mortgage Pass-Through Certificates

Wachovia Bank, National Association, as Servicer

28-May-04

15-Jul-04

17-May-04

15-Jun-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 13 of 24

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

34,302,787

4.32

7.76

0.55

0.001 0.750

23,855,229

3.01

8.00

0.83

0.751 0.875

50,783,848

6.40

104

7.38

0.97

0.876 1.000

62,900,905

7.93

7.46

1.04

1.001 1.125

112,552,949

14.19

7.43

1.19

1.126 1.250

93,884,072

11.83

7.40

1.33

1.251 1.375

161,412,622

20.35

7.46

1.44

1.376 1.500

84,548,192

10.66

7.53

1.55

1.501 1.625

82,201,697

10.36

7.28

1.69

1.626 1.750

33,224,092

4.19

7.37

1.83

1.751 1.875

9,509,399

1.20

7.32

1.92

1.876 2.000

16,109,983

2.03

7.47

2.15

2.001 2.500

0.00

2.501 3.000

23,312,696

2.94

7.58

3.50

3.001 & Above

4,703,331

0.59

7.50

0.00

Unknown

3.500
0.410

127

793,301,803

100.00%

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.001 0.750

6,750,910

0.85

159

7.26

0.98

0.751 1.000

215,436,878

27.16

7.63

1.25

1.001 1.250

537,782,945

67.79

7.40

1.38

1.251 1.500

2,346,708

0.30

7.93

1.51

1.501 1.750

5,328,818

0.67

7.00

1.24

1.751 2.000

23,312,696

2.94

7.58

3.50

2.001 2.250

0.00

2.251 2.500

0.00

2.501 2.750

0.00

2.751 & Above

2,342,849

0.30

6.91

0.00

Unknown

2.080

1.000

127

793,301,803 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

California

111,980,184

14.12

7.53

1.52

Texas

110,990,665

13.99

7.39

0.99

Florida

90,191,211

11.37

7.41

1.40

CMBS Certificate

67,488,584

8.51

7.42

1.43

Pennsylvania

46,272,062

5.83

7.57

1.09

Michigan

43,755,750

5.52

7.55

1.45

Maryland

43,622,492

5.50

7.12

2.63

North Carolina

36,674,294

4.62

7.30

1.40

Illinois

34,248,017

4.32

7.18

1.44

New York

22,936,447

2.89

7.75

1.46

Nevada

15,875,066

2.00

7.73

1.44

New Jersey

15,814,157

1.99

8.23

0.99

Washington

14,421,529

1.82

7.60

1.23

Wisconsin

13,549,737

1.71

7.42

1.46

Virginia

13,499,607

1.70

7.34

1.60

District of Columbia

12,738,827

1.61

7.39

1.42

Iowa

12,483,999

1.57

7.75

1.43

Massachusetts

9,989,154

1.26

7.19

1.48

Arizona

9,301,324

1.17

7.28

1.26

Ohio

9,006,014

1.14

7.35

1.47

West Virginia

8,383,292

1.06

155

8.12

0.92

Minnesota

6,891,964

0.87

7.43

1.58

Indiana

6,580,328

0.83

7.74

1.35

Missouri

5,466,750

0.69

7.75

1.48

Mississippi

5,352,070

0.67

7.83

1.18

Colorado

5,031,898

0.63

7.68

1.22

Alabama

4,665,988

0.59

7.22

0.72

Georgia

3,594,731

0.45

7.25

1.66

Maine

3,236,046

0.41

7.00

0.47

Kansas

2,297,846

0.29

7.32

1.55

Oregon

2,147,289

0.27

7.88

1.05

Arkansas

2,021,928

0.25

7.22

1.42

South Carolina

1,624,002

0.20

175

8.00

1.13

Tennessee

1,168,551

0.15

7.75

1.37

100.00

793,301,803

127

First Union Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720357.2

Series 2001-C3

Commercial Mortgage Pass-Through Certificates

Wachovia Bank, National Association, as Servicer

28-May-04

15-Jul-04

17-May-04

15-Jun-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Loan Seasoning

Distribution of Property Types

Distribution of Year Loans Maturing

Distribution of Amortization Type

Page 14 of 24

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Multifamily

240,614,191

30.33

7.47

1.12

Retail

203,571,789

25.66

7.43

1.43

Office

139,377,424

17.57

7.40

1.48

Industrial

83,622,731

10.54

7.53

1.40

Mixed use

54,310,166

6.85

7.56

1.29

Self storage

29,610,500

3.73

7.50

1.78

Lodging

23,312,696

2.94

7.58

3.50

Mobile home park

17,504,801

2.21

7.31

1.11

Other

1,377,503

0.17

7.85

1.10

793,301,803

127

100.00%

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

112

722,682,133

91.10

7.49

1.43

Full Amortizing

9,318,582

1.17

159

7.68

1.06

IO/Amortizing/Balloon

58,958,240

7.43

7.12

1.07

Other

2,342,849

0.30

6.91

0.00

793,301,803

127

100.00%

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

294,291,828

37.10

1.32

7.56

499,009,975

62.90

1.44

7.40

0.00

108

0.00

109

120

0.00

121

127

793,301,803

100.00%

Year

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

2004

0.00

2005

59,735,267

7.53

7.39

1.09

2006

0.00

2007

7,803,965

0.98

7.03

1.31

2008

0.00

2009

22,172,935

2.80

7.95

0.98

2010

106

680,455,403

85.78

7.44

1.46

2011

0.00

2012

3,917,947

0.49

113

6.91

0.97

2013

0.00

2014

19,216,286

2.42

178

8.27

0.92

2015 & Greater

100.00

793,301,803

127

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

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)

Statement Date:

31-Dec-03

7.30000%

1-Aug-11

FUNB01CH

Retail

1.40

39,944,009

281,084

31-Dec-03

7.35000%

1-Apr-06

FUNB01CH

Multifamily

1.16

37,878,083

268,699

31-Dec-03

7.60000%

1-Jun-11

FUNB01CH

Multifamily

1.01

33,520,105

242,890

31-Dec-03

7.62500%

1-Jul-11

FUNB01CH

Office

1.70

25,459,972

184,734

31-Dec-03

7.57600%

1-Jan-11

FUNB01CG

Lodging

3.50

23,312,696

180,282

31-Dec-03

6.60000%

1-May-11

FUNB01CH

Office

1.63

20,309,795

134,118

31-Dec-03

7.50000%

1-Apr-11

FUNB01CH

Self storage

1.74

15,390,774

119,074

31-Dec-03

7.27300%

1-May-11

FUNB01CH

Retail

1.41

14,134,263

104,270

31-Dec-03

7.50000%

1-Mar-11

FUNB01CH

Mixed use

1.48

14,456,375

104,043

31-Dec-03

7.50000%

1-Apr-11

FUNB01CH

Self storage

1.83

14,219,726

110,014

31-Dec-03

7.60100%

1-Jun-11

FUNB01CH

Industrial

1.23

14,421,529

104,509

31-Dec-02

7.52000%

1-Aug-11

FUNB01CH

Multifamily

1.49

14,388,915

103,336

31-Dec-03

7.18000%

1-Apr-11

FUNB01CH

Retail

1.53

14,289,602

99,786

25-Aug-03

7.44000%

1-May-11

FUNB01CH

Multifamily

0.95

12,784,653

89,641

31-Dec-03

7.51000%

1-Jan-11

FUNB01CH

Mixed use

0.51

12,480,435

90,105

31-Dec-03

7.75000%

1-Jun-11

FUNB01CH

Office

1.43

12,483,999

91,701

31-Dec-03

6.99000%

1-Apr-11

FUNB01CH

Multifamily

0.97

12,390,882

85,108

31-Dec-03

8.32700%

1-Oct-10

FUNB01CH

Multifamily

0.85

12,410,797

99,746

31-Dec-03

7.41000%

1-Jun-11

FUNB01CH

Multifamily

1.28

12,165,832

86,633

31-Dec-03

7.65000%

1-Apr-11

FUNB01CH

Office

0.81

11,444,433

83,439

31-Dec-03

7.61000%

1-Jul-11

FUNB01CH

Industrial

1.38

11,216,990

81,278

31-Dec-03

6.99000%

1-Apr-11

FUNB01CH

Multifamily

1.07

10,337,955

71,007

31-Dec-03

7.50800%

1-May-11

FUNB01CH

Retail

1.48

10,062,862

72,355

31-Dec-02

7.32400%

1-Mar-11

FUNB01CH

Office

1.92

9,509,399

67,346

31-Dec-03

7.35000%

1-Apr-11

FUNB01CH

Retail

1.57

8,935,343

63,385

Page 15 of 24

* 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. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

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)

Statement Date:

31-Dec-03

7.80000%

1-Jun-11

FUNB01CH

Retail

1.57

8,878,008

65,508

31-Dec-03

7.15000%

1-Jun-11

FUNB01CH

Office

1.37

8,744,726

60,787

31-Dec-02

7.42000%

1-Nov-10

FUNB01CH

Multifamily

1.16

8,384,635

64,941

31-Dec-03

6.99000%

1-Apr-11

FUNB01CH

Multifamily

1.12

8,309,467

57,075

31-Dec-03

7.23000%

1-Apr-11

FUNB01CH

Industrial

1.22

7,841,133

55,010

31-Dec-03

7.92400%

1-Jul-11

FUNB01CH

Office

1.55

7,797,925

58,132

31-Dec-03

7.61800%

1-Jul-11

FUNB01CH

Mobile home park

1.18

7,730,339

56,055

31-Dec-03

6.99000%

1-Apr-11

FUNB01CH

Multifamily

0.98

7,576,279

52,039

31-Dec-03

7.27000%

1-May-11

FUNB01CH

Office

1.49

7,559,003

52,632

31-Dec-03

7.86000%

1-Jun-11

FUNB01CH

Industrial

1.51

7,514,845

55,750

31-Dec-03

7.37000%

1-Apr-11

FUNB01CH

Retail

1.48

7,430,937

52,811

31-Dec-03

7.50000%

1-Jun-11

FUNB01CH

Office

1.29

7,303,631

52,441

31-Dec-03

7.37000%

1-Mar-11

FUNB01CH

Mixed use

2.16

7,231,409

51,430

31-Dec-02

7.19000%

1-May-11

FUNB01CH

Industrial

1.36

7,089,448

49,502

31-Dec-02

8.44000%

1-Jun-18

FUNB01CH

Retail

0.99

6,703,394

61,791

31-Dec-03

7.40700%

1-Jul-11

FUNB01CH

Industrial

1.52

6,819,322

48,500

31-Dec-03

7.54000%

1-Jun-11

FUNB01CH

Multifamily

1.57

6,727,361

48,435

31-Dec-03

6.68700%

1-Apr-11

FUNB01CH

Office

1.37

6,283,371

41,887

31-Dec-03

7.39000%

1-May-11

FUNB01CH

Retail

1.75

5,834,704

41,502

31-Dec-03

7.37500%

1-May-11

FUNB01CH

Retail

1.66

5,834,129

41,441

31-Dec-03

7.15000%

1-Apr-11

FUNB01CH

Retail

1.83

5,819,398

40,524

31-Dec-03

7.45000%

1-May-11

FUNB01CH

Industrial

1.58

5,739,708

41,052

31-Dec-03

8.50000%

1-Mar-06

FUNB01CH

Multifamily

0.41

5,710,019

44,905

31-Dec-02

7.74000%

1-May-11

FUNB01CH

Retail

1.41

5,604,129

41,154

25-Dec-03

7.30000%

1-May-06

FUNB01CH

Mixed use

1.18

5,539,676

39,078

Page 16 of 24

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

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)

Statement Date:

31-Dec-03

7.75100%

1-Jul-11

FUNB01CH

Office

1.48

5,466,750

40,123

31-Dec-03

7.25000%

1-Apr-11

FUNB01CH

Retail

1.60

5,435,197

38,202

31-Dec-03

7.00000%

1-Apr-06

FUNB01CH

Multifamily

1.24

5,328,818

36,592

31-Dec-03

7.83000%

1-Jul-11

FUNB01CH

Mixed use

1.18

5,352,070

39,563

31-Dec-03

7.70000%

1-Apr-11

FUNB01CH

Industrial

1.37

5,324,939

38,999

31-Dec-02

7.00000%

1-Apr-08

FUNB01CH

Mobile home park

1.37

5,135,043

35,261

31-Dec-03

7.58000%

1-Jul-11

FUNB01CH

Multifamily

1.32

5,119,878

36,997

31-Dec-02

7.45000%

1-Apr-11

FUNB01CH

Industrial

1.31

4,773,973

36,787

31-Dec-03

7.22000%

1-Jun-11

FUNB01CH

Multifamily

0.72

4,665,988

32,647

1-Jun-11

FUNB01CH

Office

1-Mar-04

31-Dec-03

7.78000%

1-Jul-11

FUNB01CH

Industrial

1.30

4,359,496

32,080

31-Dec-03

7.67000%

1-Mar-11

FUNB01CH

Multifamily

1.24

4,328,281

31,635

31-Dec-03

8.15000%

1-Apr-11

FUNB01CH

Multifamily

1.50

4,197,729

32,003

31-Dec-03

7.70000%

1-Apr-11

FUNB01CH

Industrial

1.33

4,176,232

30,586

31-Dec-03

7.23000%

1-Apr-11

FUNB01CH

Retail

1.79

4,124,359

28,935

31-Dec-03

8.72000%

1-Aug-15

FUNB01CH

Multifamily

0.53

4,140,169

33,344

31-Dec-03

7.72400%

1-Jul-11

FUNB01CH

Office

0.74

4,070,131

29,800

31-Dec-03

7.25000%

1-Apr-11

FUNB01CH

Office

1.84

4,003,605

28,140

30-Dec-03

7.92900%

1-Jun-11

FUNB01CH

Mixed use

1.32

3,856,588

28,788

31-Dec-03

7.37500%

1-Mar-11

FUNB01CH

Retail

1.83

3,621,412

27,773

31-Dec-03

7.76000%

1-Mar-11

FUNB01CH

Retail

1.01

3,649,607

26,891

31-Dec-03

7.25000%

1-May-11

FUNB01CH

Retail

1.66

3,594,731

25,241

20-Dec-03

7.12500%

1-May-11

FUNB01CH

Multifamily

1.38

3,591,698

24,928

31-Dec-03

7.25000%

1-Apr-11

FUNB01CH

Retail

1.73

3,396,998

23,876

31-Dec-03

7.41000%

1-May-11

FUNB01CH

Retail

1.30

3,392,352

24,174

Page 17 of 24

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

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)

Statement Date:

31-Dec-03

7.40000%

1-Mar-11

FUNB01CH

Multifamily

1.29

3,277,628

23,375

31-Dec-03

7.51000%

1-May-11

FUNB01CH

Retail

1.25

3,260,254

23,447

31-Dec-03

7.00000%

1-Apr-11

FUNB01CH

Mobile home park

0.47

3,236,046

22,221

31-Dec-03

7.78000%

1-Jul-11

FUNB01CH

Retail

1.36

3,192,733

23,495

31-Dec-03

7.25000%

1-Mar-11

FUNB01CH

Retail

1.62

3,047,240

21,434

31-Dec-03

7.25000%

1-Mar-11

FUNB01CH

Industrial

2.27

2,909,522

20,465

31-Dec-02

7.68000%

1-Jul-11

FUNB01CH

Retail

1.23

2,888,359

21,063

31-Dec-03

7.75000%

15-Jan-23

FUNB01CH

Retail

1.00

2,832,963

22,373

31-Dec-03

7.25000%

1-May-11

FUNB01CH

Retail

1.29

2,829,151

19,865

31-Dec-03

7.39500%

1-May-11

FUNB01CH

Retail

1.35

2,732,676

19,446

31-Dec-03

7.60000%

1-May-11

FUNB01CH

Office

2.03

2,726,560

19,770

31-Dec-03

7.46000%

1-May-11

FUNB01CH

Multifamily

0.97

2,685,191

19,223

31-Dec-03

7.09300%

1-May-08

FUNB01CH

Multifamily

1.20

2,668,923

18,468

31-Dec-03

7.90000%

1-Jan-23

FUNB01CH

Retail

1.04

2,469,776

21,324

31-Dec-03

7.93000%

1-Aug-11

FUNB01CH

Mixed use

1.51

2,346,708

17,493

31-Dec-03

7.00000%

1-Jul-06

FUNB01CH

Multifamily

1.21

2,332,025

15,967

31-Dec-03

7.32000%

1-Jul-11

FUNB01CH

Multifamily

1.55

2,297,846

16,212

31-Dec-03

7.00000%

1-Jul-06

FUNB01CH

Multifamily

1.47

2,137,689

14,637

31-Dec-03

7.87500%

1-Jun-11

FUNB01CH

Office

1.05

2,147,289

15,952

31-Dec-03

7.22000%

1-Jun-11

FUNB01CH

Multifamily

1.42

2,021,928

14,147

31-Dec-03

7.87000%

1-May-11

FUNB01CH

Retail

1.52

1,853,288

13,770

31-Dec-03

6.94200%

1-Nov-13

FUNB01CA

Retail

0.97

1,516,628

18,320

31-Dec-03

7.50000%

1-Apr-11

FUNB01CH

Retail

1.68

1,706,228

12,271

31-Dec-02

7.75000%

1-Apr-11

FUNB01CH

Mixed use

1.59

1,695,373

12,473

30-Dec-03

8.00000%

15-Jan-19

FUNB01CH

Retail

1.13

1,624,002

15,111

100

Page 18 of 24

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

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)

Statement Date:

31-Dec-03

7.85000%

15-Oct-10

FUNB01CH

Other

1.10

1,377,503

20,226

101

31-Dec-03

7.25000%

1-Jun-11

FUNB01CH

Retail

1.42

1,575,077

11,051

102

31-Dec-03

6.94200%

1-Nov-13

FUNB01CC

Retail

0.96

1,339,126

16,176

103

31-Dec-02

7.50000%

1-Mar-11

FUNB01CH

Multifamily

1.28

1,554,449

11,187

104

31-Dec-03

7.37500%

1-Mar-11

FUNB01CH

Multifamily

1.17

1,528,841

10,878

105

30-Dec-03

8.12500%

1-Jan-20

FUNB01CH

Retail

1.15

1,445,981

12,607

106

31-Dec-03

7.55000%

1-May-11

FUNB01CH

Retail

1.47

1,460,191

10,540

107

15-Dec-02

7.75000%

1-Apr-11

FUNB01CH

Industrial

1.87

1,435,593

11,330

108

31-Dec-02

7.87500%

1-Mar-11

FUNB01CH

Mixed use

2.01

1,351,531

13,371

109

31-Dec-02

7.47000%

1-Jul-11

FUNB01CH

Mobile home park

1.27

1,403,374

10,039

110

7.62500%

1-Apr-11

FUNB01CH

Multifamily

0.00

1,303,830

9,484

111

31-Dec-03

7.50000%

30-Apr-11

FUNB01CH

Multifamily

2.24

1,244,428

8,950

112

31-Dec-03

6.82000%

1-Nov-13

FUNB01CE

Retail

0.98

1,062,193

12,765

113

31-Dec-03

7.86000%

1-May-11

FUNB01CH

Retail

1.58

1,170,426

8,688

114

31-Dec-03

7.75000%

1-Apr-11

FUNB01CH

Office

1.37

1,168,551

8,597

115

31-Dec-03

7.58000%

1-Apr-11

FUNB01CH

Office

1.43

1,167,266

8,456

116

31-Dec-03

7.87500%

1-Feb-11

FUNB01CH

Multifamily

1.06

1,089,202

8,121

117

8.62500%

1-Mar-11

FUNB01CH

Office

0.00

1,056,652

8,934

118

31-Dec-03

7.87000%

1-Mar-11

FUNB01CH

Retail

1.50

974,346

8,698

119

31-Dec-03

7.75000%

1-Jul-11

FUNB01CH

Multifamily

0.99

976,200

7,164

120

31-Dec-03

7.75000%

1-Apr-11

FUNB01CH

Retail

0.94

916,339

6,741

121

31-Dec-02

7.62500%

1-Apr-11

FUNB01CH

Multifamily

1.40

875,707

6,370

122

31-Dec-02

8.20000%

1-May-11

FUNB01CH

Office

1.63

674,366

5,160

123

31-Dec-02

8.37500%

1-Apr-11

FUNB01CH

Multifamily

1.43

662,759

5,153

124

31-Dec-03

8.00000%

1-Mar-11

FUNB01CH

Retail

2.20

646,532

5,210

125

Page 19 of 24

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

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)

Statement Date:

6.94200%

1-Aug-11

FUNB01CB

Retail

0.00

916,186

126

6.94200%

1-Apr-06

FUNB01CD

Retail

0.00

808,958

127

6.82000%

1-Jun-11

FUNB01CF

Retail

0.00

617,705

128

793,301,803

5,764,545

Page 20 of 24

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Specially Serviced (Part I) ~ Loan Detail (End of Period)

Disclosure

Control #

Servicing

Xfer Date

Balance

Note
Rate

Maturity

Date

Remaining

Property

Type

Geo.

Location

NOI

DSCR

NOI
Date

Schedule

Actual

Life

Amort.

Statement Date:

Loan

Status

Code(1)

8-May-03

1,403,374

326

7.47%

1-Jul-11

Mobile home park

1,419,741

152,404

1.27 31-Dec-02

110

11-Dec-03

1,056,652

262

8.63%

1-Mar-11

Office

1,057,730

Not Avail.

Not Avail. Not Avail.

118

22-Apr-04

33,520,105

325

7.60%

1-Jun-11

Multifamily

33,543,471

2,955,649

1.01 31-Dec-03

20-Oct-03

5,604,129

324

7.74%

1-May-11

Retail

5,607,906

696,174

1.41 31-Dec-02

41,584,260

41,628,849

Page 21 of 24

(1) Legend:

A. P&I Adv - in Grace Period
B. P&I Adv - < one month delinq

1. P&I Adv - delinquent 1 month
2. P&I Adv - delinquent 2 months

3. P&I Adv - delinquent 3+ months
4. Mat. Balloon/Assumed P&I

7. Foreclosure

9. REO

5. Non Performing Mat. Balloon

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Specially Serviced Loan Detail (Part II) ~ Servicer Comments (End of Period)

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Foreclosure

Foreclosure has been filed. Borrower is trying one last time to sell the property and present a discounted payoff offer to the Lender. A deed
in lieu is also being negotiated.

110

Other/TBD

Borrower is current although paying late. NY counsel has been retained to research and potentially intervene in the litigation between named
borrower (Iris Devereaux) and new borrower (Nicolas Filas) to whom property was transferred in 2001 without lender consent. The
litigation between Filas and Devereaux is scheduled for summary judgment in May. Property inspection revealed excellent condition.
Default notice sent for late payment, transfer without lender consent, lack of reporting and failure to provide evidence of insurance. Lender is
waiting for the court to decide who is the appropriate borrower to address the non monetary defaults. Hearing originally scheduled for May
was postponed until June 22.

118

Other/TBD

Market information regarding property value still trickling in but the indication from local brokers is that the property could be worth equal to
or more than the debt owed. Discussions relative to the Borrower's commitment to the property and loanpending.

Other/TBD

The Borrower submitted information relating to their transfer of Borrower interest without obtaining lender consent, which is pending review.
The Borrower also withdrew their request for lender to release a vacant parcel of land.

14-Jun-2004 - 13:22 (G292-G295, G624-G642) (c) 2004 LaSalle Bank
N.A.

Page 22 of 24

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 23 of 24

First Union Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Bank, National Association, as Servicer

Commercial Mortgage Pass-Through Certificates

Series 2001-C3

ABN AMRO Acct: 720357.2

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation

Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

200403

4,416,599.25

4,967,194.67

603,853.36

4,363,341.31

53,257.94

112.47%

98.79%

20-Apr-01

5,900,000.00

4,416,599.25

4,967,194.67

603,853.36

4,363,341.31

53,257.94

Current Total
Cumulative

Page 24 of 24

* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

Filing Compare · FIRST UNION COMMERCIAL MORTGAGE PASS THR CER SER 2001-C3