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) October 12, 2004

Deutsche Mortgage & Asset Receiving Corporation (as depositor under the Pooling and Servicing Agreement, dated as of June 1, 2004, relating to the COMM 2004-LNB3 Commercial Mortgage Pass-Through Certificates)
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-112636-01
(Commission
File Number)

04-3310019
(IRS Employer
Identification No.)

60 Wall Street, New York, New York
(Address of principal executive offices)

10005
(Zip Code)

Registrant's telephone number, including area code 212-250-2500

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 8 - Other Events

Item 8.01. Other Events.

This current report on Form 8-K relates to the monthly distribution reported to the holders of COMM 2004-LNB3 Commercial Mortgage Pass-Through Certificates, which was made on October 12, 2004.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution reports pursuant to Section 4.02 of the Pooling and Servicing Agreement for the distribution on October 12, 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 BOND ADMINISTRATOR UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF DEUTSCHE MORTGAGE & ASSET RECEIVING CORPORATION, REGISTRANT

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

Date: October 15, 2004

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Reporting Package Table of Contents

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Administrator:

Mitchell Brumwell 312.904.6858
mitch.brumwell@abnamro.com

Analyst:

Kyle Christensen 714.259.6209
kyle.christensen@abnamro.com

Statement Date:

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

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

Rating Information

Other Related Information
Asset-Backed Facts ~ 15 Month Loan Status Summary

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

Page 2-6
Page 7
Page 8
Page 9

Page 10-11

Page 12
Page 13

Page 14
Page 15

Page 16

Loan Level Detail

Mortgage Loan Characteristics
Specially Serviced (Part I) - Loan Detail
Specially Serviced (Part II) - Servicer Comments

Modified Loan Detail
Defeased Loans
Historical REO Report

Page 17-21

Page 22-24
Page 25
Page 26

Page 27
Page 28
Page 29

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

COM4LNB3

COM4LNB3_200410_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

28-Jun-04
12-Jul-04

10-Jul-37

Appraisal Reduction Detail
Realized Loss Detail

Page 30
Page 31

Parties to The Transaction

Depositor: Deutsche Mortgage & Asset Receiving Corporation

Underwriter: Deutsche Bank Securities Inc.

Master Servicer: Midland Loan Services, Inc.

Special Servicer: Lennar Partners, Inc.

Rating Agency: Dominion Bond Rating Service Limited/Standard & Poor's/Moody's Investors Service, Inc.

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.midlandls.com

www.etrustee.net

Page 1 of 31

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:

5.321415%

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

123

Upper Tier REMIC

Statement Date:

ABN AMRO Acct: 721875.1

937.068859517

10.462073833

0.000000000

926.606785684

2.940053454

Fixed

0.00

0.000000000

3.76500000%

0.000000000

20047GAA5

A-1

47,892,000.00

44,878,101.82

501,049.64

0.00

44,377,052.18

140,805.04

1000.000000000

0.000000000

1000.000000000

3.927500026

Fixed

0.00

0.000000000

4.71300000%

0.000000000

20047GAB3

A-2

97,029,000.00

0.00

97,029,000.00

381,081.40

1000.000000000

0.000000000

1000.000000000

4.241666635

5.090000000%

0.00

0.000000000

5.09000000%

0.000000000

20047GBN6

A-3

104,606,000.00

0.00

104,606,000.00

443,703.78

1000.000000000

0.000000000

1000.000000000

4.361666638

5.234000000%

0.00

0.000000000

5.23400000%

0.000000000

20047GBP1

A-4

114,956,000.00

0.00

114,956,000.00

501,399.75

1000.000000000

0.000000000

1000.000000000

4.402634408

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GBQ9

A-5

502,796,000.00

0.00

502,796,000.00

2,213,626.97

997.404724238

0.000000000

996.900775197

0.096990571

0.191318522%

0.00

0.000000000

0.11669153%

0.000000000

20047GAG2/U2021RAA6/20047GAX5

1,335,412,283.00

1,331,946,519.87

0.00

1,331,273,540.13

129,522.40

998.291506757

0.650063520

0.000000000

997.641443236

4.375844443

5.260000000%

0.00

0.000000000

5.26000000%

0.000000000

20047GAH0/U2021RAB4/20047GAY3

A-1A

264,482,000.00

264,030,134.29

171,930.10

0.00

263,858,204.19

1,157,332.09

1000.000000000

0.000000000

1000.000000000

4.402634351

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAC1

40,063,000.00

0.00

40,063,000.00

176,382.74

1000.000000000

0.000000000

1000.000000000

4.402634196

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAD9

16,692,000.00

0.00

16,692,000.00

73,488.77

1000.000000000

0.000000000

1000.000000000

4.402634435

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAE7

28,378,000.00

0.00

28,378,000.00

124,937.96

1000.000000000

0.000000000

1000.000000000

4.402634291

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAF4

25,039,000.00

0.00

25,039,000.00

110,237.56

1000.000000000

0.000000000

1000.000000000

4.402634627

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAJ6/U2021RAC2/20047GAZ0

15,023,000.00

0.00

15,023,000.00

66,140.78

1000.000000000

0.000000000

1000.000000000

4.402634417

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAK3/U2021RAD0/20047GBA4

13,354,000.00

0.00

13,354,000.00

58,792.78

1000.000000000

0.000000000

1000.000000000

4.402634146

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAL1/U2021RAE8/20047GBB2

11,685,000.00

0.00

11,685,000.00

51,444.78

1000.000000000

0.000000000

1000.000000000

4.402634146

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAM9/U2021RAF5/20047GBC0

11,685,000.00

0.00

11,685,000.00

51,444.78

1000.000000000

0.000000000

1000.000000000

4.402634417

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAN7/U2021RAG3/20047GBD8

6,677,000.00

0.00

6,677,000.00

29,396.39

Page 2 of 31

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:

5.321415%

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

123

Upper Tier REMIC

Statement Date:

ABN AMRO Acct: 721875.1

1000.000000000

0.000000000

1000.000000000

4.402635520

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAP2/U2021RAH1/20047GBE6

3,339,000.00

0.00

3,339,000.00

14,700.40

1000.000000000

0.000000000

1000.000000000

4.402633786

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAQ0/U2021RAJ7/20047GBF3

5,008,000.00

0.00

5,008,000.00

22,048.39

1000.000000000

0.000000000

1000.000000000

4.402634312

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAR8/U2021RAK4/20047GBG1

5,007,000.00

0.00

5,007,000.00

22,043.99

1000.000000000

0.000000000

1000.000000000

4.402633786

5.443261905%

0.00

0.000000000

5.28316129%

0.000000000

20047GAS6/U2021RAL2/20047GBH9

5,008,000.00

0.00

5,008,000.00

22,048.39

1000.000000000

0.000000000

1000.000000000

4.355863373

5.443261905%

0.00

)

(780.76

)

(0.046770908

5.28316129%

0.000000000

20047GAT4/U2021RAM0/20047GBJ5

16,693,283.00

0.00

16,693,283.00

72,713.66

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSQ9207

0.00

Total P&I Payment

0.00

)

(780.76

1,335,412,283.00

1,331,946,519.11

6,536,272.54

Total

1,331,273,539.37

672,979.74

0.00

5,863,292.80

Page 3 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 0

Next Rate(3)

WAC:
WAMM:

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

5.321415%

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

123

AFR-BofA Loan REMIC

Statement Date:

ABN AMRO Acct: 721875.1

0.000000000

Fixed

0.00

0.000000000

5.45741765%

0.000000000

AFR-BofA

19,834,204.61

18,063,264.24

0.00

18,063,264.24

82,148.98

Total P&I Payment

0.00

19,834,204.61

18,063,264.24

82,148.98

Total

18,063,264.24

0.00

82,148.98

Page 4 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 0

Next Rate(3)

WAC:
WAMM:

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

5.321415%

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

123

SAKS Loan REMIC

Statement Date:

ABN AMRO Acct: 721875.1

0.000000000

Fixed

0.00

0.000000000

7.12830034%

0.000000000

SAKS

8,372,715.18

8,333,493.97

14,985.34

0.00

8,318,508.63

49,503.04

Total P&I Payment

0.00

8,372,715.18

8,333,493.97

64,488.38

Total

8,318,508.63

14,985.34

0.00

49,503.04

Page 5 of 31

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 0

Next Rate(3)

WAC:
WAMM:

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

5.321415%

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Deutsche Mortgage & Asset Receiving Corporation

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

123

Grantor Trust

Statement Date:

ABN AMRO Acct: 721875.1

0.000000000

0.00

0.000000000

N/A

0.000000000

A-1

0.00

0.000000000

N/A

0.00

0.000000000

0.00000000%

0.000000000

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSQ9199

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

0.00

Total P&I Payment

0.00

Total

0.00

Page 6 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

4,093,217.30

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

5,892,812.70

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

0.00
0.00

)

(780.76

)

(780.76

5,865,179.75

)

(921.26

)

(965.66

0.00
0.00

)

(1,886.92

465,430.43
207,549.31
672,979.74

0.00
0.00
0.00
0.00
0.00
0.00

672,979.74

6,538,159.49

6,536,272.56

1,331,946,519.87

672,979.74

0.00

0.00
0.00

0.00

1,331,273,540.13

226,023.33

1,618,998.21

207,549.31

1,799,595.40

207,549.31

1,799,595.40

26,852.19

0.00
0.00

13,720.72

40,572.91

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(26,852.19

5,863,292.82

Interest Not Advanced (

Current Period

)

0.00

1,799,595.40

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(1,618,998.21

)

(226,023.33

0.00

Total Advance Summary

Page 7 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04
10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Interest Adjustments Summary

Statement Date

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

780.76

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

780.76

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

)

(780.76

)

(780.76

Aggregate Interest Adjustment Allocated to the Bonds

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Other Interest Loss

Page 8 of 31

Deutsche Mortgage & Asset Receiving Corporation

Class

Accrued

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1
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

140,805.04

0.00

15.25%

15.30%

30/360

3.765000000%

0.00

A-2

381,081.40

0.00

15.25%

15.30%

30/360

4.713000000%

0.00

A-3

443,703.78

0.00

15.25%

15.30%

30/360

5.090000000%

0.00

A-4

501,399.75

0.00

15.25%

15.30%

30/360

5.234000000%

0.00

A-5

2,213,626.97

0.00

15.25%

15.30%

30/360

5.283161292%

0.00

129,522.40

0.00

30/360

0.116691529%

0.00

A-1A

1,157,332.09

0.00

15.25%

15.30%

30/360

5.260000000%

0.00

176,382.74

0.00

12.25%

12.29%

30/360

5.283161292%

0.00

73,488.77

0.00

11.00%

11.03%

30/360

5.283161292%

0.00

124,937.96

0.00

8.88%

8.90%

30/360

5.283161292%

0.00

110,237.56

0.00

7.00%

7.02%

30/360

5.283161292%

0.00

66,140.78

0.00

5.88%

5.89%

30/360

5.283161292%

0.00

58,792.78

0.00

4.88%

4.89%

30/360

5.283161292%

0.00

51,444.78

0.00

4.00%

4.01%

30/360

5.283161292%

0.00

51,444.78

0.00

3.13%

30/360

5.283161292%

0.00

29,396.39

0.00

2.63%

30/360

5.283161292%

0.00

14,700.40

0.00

2.38%

30/360

5.283161292%

0.00

22,048.39

0.00

2.00%

2.01%

30/360

5.283161292%

0.00

22,043.99

0.00

1.63%

30/360

5.283161292%

0.00

22,048.39

0.00

1.25%

30/360

5.283161292%

0.00

73,494.42

73,567.85

72,713.66

854.19

0.00%

30/360

5.283161292%

)

(780.76

73.43

0.00

30/360

0.000000000%

0.00

5,864,073.56

5,864,146.99

5,863,292.80

854.19

)

(780.76

73.43

0.00

(2) Accrued - Deductions + Additions Interest

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

Page 9 of 31

(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).

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

DBRS

9ABSQ9215

A-1

20047GAA5

Aaa

AAA

A-2

20047GAB3

Aaa

AAA

A-3

20047GBN6

Aaa

AAA

A-4

20047GBP1

Aaa

AAA

A-5

20047GBQ9

Aaa

AAA

20047GAG2

Aaa

AAA

A-1A

20047GAH0

Aaa

AAA

20047GAC1

Aa2

20047GAD9

Aa3

AA-

AA Low

20047GAE7

20047GAF4

A-

A Low

20047GAJ6

Baa1

BBB+

BBB High

20047GAK3

Baa2

BBB

20047GAL1

Baa3

BBB-

BBB Low

20047GAM9

Ba1

BB+

BB High

20047GAN7

Ba2

20047GAP2

Ba3

BB-

BB Low

20047GAQ0

B+

B High

20047GAR8

20047GAS6

B-

B Low

20047GAT4

Page 10 of 31

NR - Designates that the class was not rated by the rating agency.

(1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be
understood that this transmission will generally have been provided to LaSalle within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30
day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on
this report, LaSalle recommends that investors obtain current rating information directly from the rating agency.

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

DBRS

9ABSQ9207

9ABSQ9199

Page 11 of 31

NR - Designates that the class was not rated by the rating agency.

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Other Related Information

Statement Date:

Saks, Inc.-North Riverside Yield Maintenance Amount................................

0.00

Page 12 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

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: 721875.1

0.00%

12-Oct-04

0.00%

10-Sep-04

0.00%

10-Aug-04

0.00%

12-Jul-04

10-Jun-04

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

Page 13 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

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: 721875.1

Commercial Mortgage Backed Certificates

12-Oct-04

100.00%

1,331,273,540

99.69%

0.00%

123

279

5.32%

5.28%

10-Sep-04

100.00%

1,331,946,520

99.74%

0.00%

124

280

5.48%

5.44%

2,444

10-Aug-04

100.00%

1,332,565,773

99.79%

0.00%

125

281

5.48%

5.44%

12-Jul-04

100.00%

1,333,155,205

99.83%

0.00%

126

282

5.32%

5.28%

132,614

10-Jun-04

0.00%

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

Page 14 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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-Sep-04

555,471.24

0.00

1-Sep-04

270,520.83

0.00

1-Sep-04

298,859.43

0.00

1-Sep-04

156,388.77

0.00

1-Sep-04

49,555.33

0.00

1-Sep-04

36,605.33

0.00

1-Sep-04

22,187.67

0.00

1-Sep-04

113,083.33

0.00

1-Sep-04

91,144.58

0.00

1-Sep-04

99,016.91

0.00

1-Sep-04

53,139.99

0.00

1-Sep-04

64,500.19

0.00

1-Sep-04

36,224.43

0.00

1-Sep-04

33,128.25

0.00

1-Sep-04

30,326.33

0.00

1-Sep-04

23,619.23

0.00

1-Sep-04

20,793.10

0.00

1-Sep-04

15,744.22

0.00

1-Sep-04

10,119.04

0.00

1-Sep-04

10,877.18

0.00

1-Sep-04

8,473.03

0.00

1-Sep-04

7,366.30

0.00

2,007,144.71

Total

Page 15 of 31

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 Advances and may include Servicer and Trust Advances.

7. Foreclosure

9. REO

B. Late Payment but < 1 month delinq.

5. Non Performing Matured Balloon

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Historical Collateral Level Prepayment Report

Disclosure

Control #

Payoff
Period

Initial

Balance

Type

Payoff

Amount

Penalty

Amount

Prepayment

Date

Maturity

Date

Property

Type

Geographic

Location

Statement Date:

Cumulative

Current

Page 16 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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:

4.97960%

6-Jun-14

CM4LNB3A

Retail

0.00

130,000,000

539,457

5.36252%

1-Mar-29

CM4LNB3A

Office

0.00

125,000,000

558,596

4.18000%

1-Jun-09

CM4LNB3A

Retail

0.00

75,000,000

261,250

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

25,000,000

108,333

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

18,750,000

81,250

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

15,830,000

68,597

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

10,300,000

44,633

5.20000%

1-Jun-11

CM4LNB3A

Office

0.00

3,520,000

15,253

5.22400%

1-Mar-14

CM4LNB3A

Retail

0.00

62,500,000

272,083

5.45000%

1-Jun-14

CM4LNB3A

Retail

0.00

60,000,000

272,500

5.28700%

1-Jun-14

CM4LNB3A

Industrial

0.00

55,701,661

324,924

5.35000%

1-Apr-14

CM4LNB3A

Office

0.00

49,539,087

302,581

5.50000%

1-Mar-14

CM4LNB3A

Office

0.00

45,000,000

206,250

5.05500%

1-Jan-15

CM4LNB3A

Office

0.00

42,858,069

232,281

5.69000%

1-Jul-11

CM4LNB3A

Office

0.00

38,600,000

183,028

6.13000%

1-Jul-14

CM4LNB3A

Office

0.00

38,300,740

233,447

4.95000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

22,760,000

93,885

4.95000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

13,960,000

57,585

5.08400%

1-Jun-14

CM4LNB3B

Multifamily

0.00

1,480,000

6,270

5.32000%

1-May-14

CM4LNB3B

Multifamily

0.00

34,500,000

152,950

4.43000%

1-Jun-09

CM4LNB3B

Multifamily

0.00

31,114,955

157,168

5.21000%

1-Jul-09

CM4LNB3B

Multifamily

0.00

11,480,000

49,842

5.21000%

1-Jul-09

CM4LNB3B

Multifamily

0.00

8,480,000

36,817

Page 17 of 31

* 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

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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:

5.21000%

1-Jul-09

CM4LNB3B

Multifamily

0.00

5,140,000

22,316

5.83000%

1-Jun-14

CM4LNB3A

Office

0.00

23,445,000

113,904

5.93000%

1-Jul-11

CM4LNB3A

Office

0.00

23,000,000

113,658

5.54000%

1-Jun-14

CM4LNB3A

Retail

0.00

19,850,000

91,641

5.48912%

1-Dec-13

CM4LNB3C

Office

0.00

18,063,264

82,626

4.99000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

17,400,000

72,355

5.71000%

1-Jul-11

CM4LNB3A

Office

0.00

17,066,193

99,444

5.37000%

1-May-14

CM4LNB3A

Other

0.00

15,916,688

89,546

4.92000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

15,050,000

61,705

6.22400%

1-Jul-14

CM4LNB3A

Office

0.00

10,957,591

72,387

6.06000%

1-Jul-14

CM4LNB3B

Multifamily

0.00

10,372,666

62,755

5.71000%

1-Jul-14

CM4LNB3B

Multifamily

0.00

9,198,693

53,600

4.92000%

1-Jun-14

CM4LNB3A

Retail

0.00

8,460,617

45,215

6.08000%

1-Jun-14

CM4LNB3A

Industrial

0.00

8,469,302

51,400

4.78800%

1-Apr-11

CM4LNB3B

Multifamily

0.00

8,370,181

44,171

7.16000%

1-Jan-24

CM4LNB3D

Retail

0.00

8,318,509

64,709

5.58000%

1-Jun-09

CM4LNB3A

Multifamily

0.00

6,725,000

31,271

5.81000%

1-Mar-14

CM4LNB3A

Mobile home park

0.00

6,238,066

36,888

5.80000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

6,164,083

36,379

6.15000%

1-Jun-14

CM4LNB3A

Office

0.00

6,145,075

37,571

5.49000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

6,129,794

34,983

6.15000%

1-Mar-19

CM4LNB3B

Multifamily

0.00

6,054,649

52,823

5.25000%

1-Apr-14

CM4LNB3A

Office

0.00

6,060,245

33,684

Page 18 of 31

(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

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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:

5.15000%

1-May-14

CM4LNB3A

Retail

0.00

5,967,236

32,762

31-Dec-03

5.08000%

1-Apr-11

CM4LNB3A

Multifamily

0.00

5,611,848

30,607

5.60000%

1-May-14

CM4LNB3A

Self storage

0.00

5,109,081

42,765

5.33000%

1-Jun-14

CM4LNB3A

Retail

0.00

4,969,311

30,199

5.66500%

1-Mar-14

CM4LNB3A

Mobile home park

0.00

4,965,522

28,909

5.37500%

1-Jun-14

CM4LNB3B

Mobile home park

0.00

4,859,444

27,327

5.69000%

1-Mar-14

CM4LNB3B

Multifamily

0.00

4,568,455

26,669

5.81000%

1-Mar-14

CM4LNB3B

Mobile home park

0.00

4,504,718

26,638

5.90000%

1-Jul-14

CM4LNB3A

Industrial

0.00

4,382,014

28,081

5.52000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

4,309,313

24,674

5.35000%

1-May-14

CM4LNB3B

Multifamily

0.00

4,277,512

24,012

4.96000%

1-Jun-14

CM4LNB3A

Retail

0.00

4,081,160

21,910

4.96000%

1-Jun-14

CM4LNB3A

Retail

0.00

4,081,160

21,910

5.83000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

3,885,112

22,958

6.19000%

1-Jun-14

CM4LNB3A

Industrial

0.00

3,868,081

28,370

6.05000%

1-May-26

CM4LNB3A

Retail

0.00

3,815,566

26,616

5.80000%

1-Jul-14

CM4LNB3A

Retail

0.00

3,744,512

22,033

5.65000%

1-Mar-14

CM4LNB3B

Multifamily

0.00

3,630,706

21,104

5.83000%

1-May-14

CM4LNB3B

Multifamily

0.00

3,583,076

21,192

5.64000%

1-May-14

CM4LNB3A

Retail

0.00

3,532,583

20,469

6.23000%

1-Jun-14

CM4LNB3A

Retail

0.00

3,451,906

21,283

6.00000%

1-Jun-14

CM4LNB3A

Retail

0.00

3,287,867

19,785

5.21500%

1-May-14

CM4LNB3B

Multifamily

0.00

3,274,382

19,707

Page 19 of 31

(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

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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:

6.13000%

1-May-14

CM4LNB3A

Multifamily

0.00

3,178,788

20,873

6.10000%

1-Nov-13

CM4LNB3A

Retail

0.00

2,821,052

17,271

5.80000%

1-May-14

CM4LNB3B

Multifamily

0.00

2,786,747

16,429

5.44000%

1-Apr-14

CM4LNB3A

Retail

0.00

2,576,387

15,873

6.05500%

1-Jun-19

CM4LNB3A

Retail

0.00

2,466,358

21,171

5.27000%

1-Jun-19

CM4LNB3A

Retail

0.00

2,439,276

19,922

5.30000%

1-May-14

CM4LNB3B

Multifamily

0.00

2,427,100

13,549

6.43000%

1-Jun-14

CM4LNB3A

Office

0.00

2,380,962

17,795

6.22000%

1-Jun-14

CM4LNB3A

Retail

0.00

2,391,602

14,730

5.34000%

1-Jun-14

CM4LNB3A

Retail

0.00

2,381,849

13,342

5.48000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

2,247,704

12,787

6.46100%

1-Jun-14

CM4LNB3A

Mobile home park

0.00

2,093,045

13,220

6.06200%

1-Jun-14

CM4LNB3B

Multifamily

0.00

2,192,023

13,278

5.27000%

1-Jun-14

CM4LNB3A

Retail

0.00

1,866,924

10,377

5.57500%

1-Apr-14

CM4LNB3A

Office

0.00

1,838,747

10,591

5.45000%

1-Apr-14

CM4LNB3B

Multifamily

0.00

1,788,755

10,164

6.44900%

1-Jun-14

CM4LNB3B

Multifamily

0.00

1,751,081

11,828

6.51500%

1-Jun-14

CM4LNB3A

Industrial

0.00

1,719,358

10,920

5.75700%

1-Jun-09

CM4LNB3B

Mobile home park

0.00

1,693,405

9,928

5.25000%

1-Apr-09

CM4LNB3B

Mobile home park

0.00

1,639,247

9,111

6.67000%

1-Jun-14

CM4LNB3A

Retail

0.00

1,592,205

10,974

5.47000%

1-Jun-14

CM4LNB3B

Multifamily

0.00

1,465,924

8,330

6.65000%

1-Apr-19

CM4LNB3B

Multifamily

0.00

1,318,665

8,506

Page 20 of 31

(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

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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:

5.95700%

1-Jun-11

CM4LNB3A

Mobile home park

0.00

1,195,546

7,161

6.39000%

1-May-14

CM4LNB3A

Mobile home park

0.00

990,096

7,391

1,331,273,540

6,579,513

Page 21 of 31

(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

Deutsche Mortgage & Asset Receiving Corporation

Mortgage Loan Characteristics

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

Comm 2004 LNB3

30-Sep-04

10-Nov-04

10-Sep-04

12-Oct-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 22 of 31

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

990,096

0.07

115

6.39

0.00

1 to

1,000,001

19,349,857

1.45

107

5.83

0.00

1,000,001 to

2,000,001

29,204,106

2.19

125

5.82

0.00

2,000,001 to

3,000,001

42,772,578

3.21

125

5.82

0.00

3,000,001 to

4,000,001

44,998,609

3.38

115

5.46

0.00

4,000,001 to

5,000,001

116,642,379

8.76

112

5.61

0.00

5,000,001 to 10,000,001

57,070,257

4.29

5.49

0.00

10,000,001 to 15,000,001

137,926,145

10.36

102

5.31

0.00

15,000,001 to 20,000,001

94,205,000

7.08

5.47

0.00

20,000,001 to 25,000,001

0.00

25,000,001 to 30,000,001

65,614,955

4.93

4.90

0.00

30,000,001 to 35,000,001

76,900,740

5.78

5.91

0.00

35,000,001 to 40,000,001

87,858,069

6.60

118

5.28

0.00

40,000,001 to 45,000,001

49,539,087

3.72

114

5.35

0.00

45,000,001 to 50,000,001

253,201,661

19.02

4.98

0.00

50,000,001 to 75,000,001

0.00

75,000,001 to 100,000,001

125,000,000

9.39

293

5.36

0.00

100,000,001 to 125,000,001

130,000,000

9.77

116

4.98

0.00

125,000,001 to 150,000,001

0.00

150,000,001 to 175,000,001

0.00

175,000,001 &

Above

130,000,000

990,096

1,331,273,540

100.00

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

14,162,484

Current Mortgage

Interest Rate

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

75,000,000

5.63

4.18

0.00

4.000%

4.250%

31,114,955

2.34

4.43

0.00

4.251%

4.500%

0.00

4.501%

4.750%

224,163,118

16.84

115

4.96

0.00

4.751%

5.000%

226,251,779

17.00

5.18

0.00

5.001%

5.250%

441,150,680

33.14

166

5.38

0.00

5.251%

5.500%

119,394,293

8.97

5.65

0.00

5.501%

5.750%

87,910,145

6.60

105

5.86

0.00

5.751%

6.000%

104,485,400

7.85

126

6.13

0.00

6.001%

6.250%

7,215,186

0.54

116

6.44

0.00

6.251%

6.500%

4,630,228

0.35

133

6.61

0.00

6.501%

6.750%

0.00

6.751%

7.000%

8,318,509

0.62

231

7.16

0.00

7.001%

7.250%

0.00

7.251%

7.500%

0.00

7.501%

Above

1,329,634,294

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

99.88

4.180%
7.160%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

121

0.00

122

Above

0.00

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

141,272,607

10.61

4.52

0.00

167,243,767

12.56

5.45

0.00

830,486,074

62.38

115

5.41

0.00

121

42,858,069

3.22

123

5.06

0.00

122

151

12,278,948

0.92

174

6.01

0.00

152

181

0.00

182

211

8,318,509

0.62

231

7.16

0.00

212

& Above

293

1,202,457,974

Minimum Remaining Term
Maximum Remaining Term

90.32

Deutsche Mortgage & Asset Receiving Corporation

Mortgage Loan Characteristics

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

Comm 2004 LNB3

30-Sep-04

10-Nov-04

10-Sep-04

12-Oct-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 23 of 31

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

0.500 0.750

0.00

0.751 1.000

0.00

1.001 1.250

0.00

1.251 1.500

0.00

1.501 1.750

0.00

1.751 2.000

0.00

2.001 2.250

0.00

2.251 2.500

0.00

2.501 2.750

0.00

2.751 3.000

0.00

3.001 3.250

0.00

3.251 3.500

0.00

3.501 3.750

0.00

3.751 4.000

0.00

4.001 & Above

1,331,273,540

100.00

123

5.32

0.00

Unknown

0.000
0.000

1,331,273,540

100.00

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

0.500 0.750

0.00

0.751 1.000

270,774,424

20.34

5.56

0.00

1.001 1.250

665,598,232

50.00

145

5.40

0.00

1.251 1.500

49,495,110

3.72

110

5.45

0.00

1.501 1.750

140,405,773

10.55

116

5.35

0.00

1.751 2.000

0.00

2.001 2.250

130,000,000

9.77

116

4.98

0.00

2.251 2.500

0.00

2.501 2.750

0.00

2.751 3.000

0.00

3.001 3.250

0.00

3.251 3.500

75,000,000

5.63

4.18

0.00

3.501 3.750

0.00

3.751 4.000

0.00

4.001 & Above

3.620

1.200

1,331,273,540 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

New York

220,587,350

16.57

206

5.17

0.00

CMBS Certificate

187,364,925

14.07

4.95

0.00

California

186,240,252

13.99

111

5.52

0.00

New Jersey

158,109,081

11.88

111

5.14

0.00

Virginia

148,805,226

11.18

111

5.39

0.00

Texas

99,522,143

7.48

114

5.32

0.00

Delaware

61,608,069

4.63

110

5.10

0.00

Florida

49,133,459

3.69

5.41

0.00

Pennsylvania

46,601,081

3.50

5.39

0.00

Arkansas

38,300,740

2.88

117

6.13

0.00

Illinois

21,654,212

1.63

145

5.90

0.00

Arizona

17,277,478

1.30

115

5.94

0.00

New Hampshire

12,337,383

0.93

116

6.11

0.00

North Carolina

10,453,921

0.79

114

5.63

0.00

Georgia

10,372,666

0.78

117

6.06

0.00

Maryland

8,162,320

0.61

116

4.96

0.00

Tennessee

6,798,555

0.51

127

6.15

0.00

Rhode Island

5,967,236

0.45

115

5.15

0.00

South Carolina

4,568,455

0.34

113

5.69

0.00

Massachusetts

4,382,014

0.33

117

5.90

0.00

Wisconsin

4,277,512

0.32

115

5.35

0.00

Washington

3,713,628

0.28

116

5.48

0.00

Alabama

3,583,076

0.27

115

5.83

0.00

Ohio

3,532,583

0.27

115

5.64

0.00

Nebraska

3,520,000

0.26

5.20

0.00

Colorado

3,371,059

0.25

116

6.42

0.00

Minnesota

3,274,382

0.25

115

5.22

0.00

Mississippi

2,786,747

0.21

115

5.80

0.00

Kentucky

2,576,387

0.19

114

5.44

0.00

Michigan

2,391,602

0.18

116

6.22

0.00

100.00

1,331,273,540

Deutsche Mortgage & Asset Receiving Corporation

Mortgage Loan Characteristics

ABN AMRO Acct: 721875.1

Commercial Mortgage Backed Certificates

Comm 2004 LNB3

30-Sep-04

10-Nov-04

10-Sep-04

12-Oct-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 24 of 31

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Office

521,654,974

39.18

148

5.50

0.00

Retail

419,596,081

31.52

109

5.09

0.00

Multifamily

266,677,210

20.03

101

5.24

0.00

Industrial

74,140,416

5.57

116

5.49

0.00

Mobile home park

28,179,090

2.12

106

5.75

0.00

Other

15,916,688

1.20

115

5.37

0.00

Self storage

5,109,081

0.38

115

5.60

0.00

1,331,273,540

100.00

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

353,707,375

26.57

114

5.48

0.00

IO Maturity Balloon

205,000,000

15.40

4.69

0.00

IO/Amortizing/Balloon

772,566,165

58.03

135

5.42

0.00

1,331,273,540

100.00

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

1,331,273,540

100.00

123

0.00

5.32

0.00

100

0.00

101

1,331,273,540

100.00

Year

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

2004

0.00

2005

0.00

2006

0.00

2007

0.00

2008

141,272,607

10.61

4.52

0.00

2009

0.00

2010

167,243,767

12.56

5.45

0.00

2011

0.00

2012

20,884,317

1.57

110

5.57

0.00

2013

809,601,757

60.81

115

5.40

0.00

2014

192,271,091

14.44

244

5.43

0.00

2015 & Greater

100.00

1,331,273,540

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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

Statement Date:

Loan

Status

Code(1)

Not Avail

Not Avail Not Avail

Page 25 of 31

(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

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04
10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Page 26 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 27 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Defeased Loans

Statement Date:

Disclosure
Control #

Page 28 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

Historical Collateral Level REO Report

Property

Type

Statement Date:

State

Actual

Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Realized

Loss

Disclosure

Control #

REO

Date

City

Appraisal

Date

ABN AMRO Acct: 721875.1

Page 29 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

Appraisal Reduction Detail

Disclosure

Control#

Appraisal

Red. Date

Scheduled

Balance

ASER

Note

Rate

Maturity

Date

Property

Type

Geographic

Location

Appraisal

Value Date

DSCR

Statement Date:

Remaining Term

Life

ARA

Amount

Current P&I

Advance

Page 30 of 31

Deutsche Mortgage & Asset Receiving Corporation

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

12-Oct-04
12-Oct-04

10-Sep-04

10-Nov-04

30-Sep-04

Comm 2004 LNB3

Commercial Mortgage Backed Certificates

ABN AMRO Acct: 721875.1

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:

Current Total
Cumulative

Page 31 of 31

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

COMM 2004-LNB3 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES 8-K